The United States is preparing to impose substantial fees on ships associated with China, aiming to revitalize its struggling domestic shipbuilding industry and counter China’s growing dominance in global maritime trade. A draft executive order proposes levying fees on vessels docking at U.S. ports if they are part of a fleet that includes Chinese-built... Read more »
In recent weeks, significant uncertainty has been injected into the business landscape, particularly within the chemical distribution industry, due to the new tariffs announced by the Trump administration. These tariffs, which are set to impact Canada and Mexico starting March 4, 2025, have raised concerns about the effect on both domestic and international chemical trade,... Read more »
On January 14, 2025, the U.S. Environmental Protection Agency (EPA) finalized its risk evaluation for Diisononyl Phthalate (DINP), confirming its continued safety in the vast majority of its applications. This comprehensive assessment under the Toxic Substances Control Act (TSCA) underscores DINP’s crucial role in various industries and reaffirms its suitability for widespread use, with... Read more »
Metalworking fluids (MWFs) are essential in machining and metal-forming processes, providing lubrication, cooling, and corrosion protection. A well-formulated metalworking fluid enhances tool life, improves surface finish, increases production rates, and maintains workplace safety. This article outlines the key components and formulation process for a basic metalworking fluid. Understanding Metalworking Fluid Types Metalworking fluids are categorized... Read more »
Since Donald Trump’s second inauguration, his administration has been rapidly rolling out executive orders that will significantly affect the U.S. chemical distribution industry, energy policies, and international trade. A key focus is trade and tariffs, particularly with China, Canada, and Mexico. Trump’s “America First” trade policy aims to address U.S. trade deficits and potentially... Read more »
Lithium greases have traditionally dominated the global grease market, accounting for approximately 70% of usage. 1 It is expected lithium grease will always dominate the market due to their versatility. However, the increasing demand for lithium in electric vehicle (EV) batteries has led to price volatility and concerns about the long-term availability of lithium for... Read more »
In October, a three-day strike by the International Longshoremen’s Association (ILA) at East and Gulf Coast ports brought the country to a standstill. After reaching a temporary agreement, the strike ended, but the issue is far from resolved. The ILA and U.S. Maritime Alliance (USMX) agreed to extend the current contract through mid-January while... Read more »
The chemical distribution industry has faced its share of challenges in recent years. High interest rates, excess inventories, and market volatility have been difficult obstacles to navigate. However, Connor Lokar, Senior Forecaster and Economic Consultant at ITR Economics, now part of Crowe LLP, shared a message of optimism for 2025 and beyond during his keynote... Read more »
Last week, Hurricane Milton, a powerful and unpredictable storm, wreaked havoc in multiple regions, causing widespread damage and disruption. As the Southeast continues to recover from Hurricane Helene, the arrival of this storm has sent ripples through the already fragile supply chain. From production facilities to shipping routes, businesses and consumers alike are feeling... Read more »
After midnight on October 1, the port workers from The International Longshoremen’s Association (ILA) launched a strike, effectively halting operations at key ports stretching from Maine to Texas. This work stoppage follows months of tense negotiations with the United States Maritime Alliance (USMX), which represents the shipping ports. Unfortunately, the inability of both sides to... Read more »
