Chemical Distribution 2023 Economic Outlook NACD’s economic reports for December 2022 indicate that 2023 is likely to feel the impact of a recession (1). With high interest rates and increased consumer debt, chemical sales may be dampened if high users of chemical products are backing off purchases. With federal debt continuing to increase alongside interest... Read more »
ChemCeed is proud to announce the five-year anniversary of Vickie Gaerlan in December 2022. As one of our Operations Coordinators, Vickie is an integral part of our team. In addition to her hard work in Operations, she assists with Accounting, and is instrumental in training new team members. ChemCeed offers their congratulations to Vickie and... Read more »
At a time of year when transportation and freight are already pressed, the possibility of a major rail strike threatens to further disrupt the US economy. In September, a tentative agreement was made between rail companies and unions, temporarily preventing a strike. Now it appears that a strike may be imminent next month. Contract negotiations... Read more »
A second wave of Superfund taxes will go into effect on January 1, 2023. The new round of taxes will be applied to imported crude oil and petroleum products. The petroleum excise tax applies to crude received at a US refinery and is to be paid by the refinery operator. Taxes on petroleum products... Read more »
Last month, ChemCeed Operations & Compliance Manager, Alyssa Michaels, and Vice President, Rolly Enderes attended their alma mater, McDonell High School’s Junior Achievement Career Day. Over 150 students attended the event, called “JA in a Day,” which gave them the opportunity to see and explore different industries for future careers. Along with a career... Read more »
The global supply chain has taken many blows over the last three years. Today, it faces yet another strain – a drought on the Mississippi River. A major US transportation hub, the Mississippi is the second longest river in the United States, covering more than 2,300 miles. In addition, its tributaries run through 32... Read more »
by Shannon Beranek, National Sales Representative Last month, I had the opportunity to attend my first industry conference since joining the ChemCeed sales team this summer. The International Elastomer Conference was held in Knoxville, Tennessee from October 10-13 and ChemCeed exhibited at this event. I was accompanied at IEC with my colleague, Myra Detienne. The... Read more »
ChemCeed is pleased to announce that we will be attending the NACD Annual Meeting in Coronado, California! The event will be held from November 7-10, 2022 at the Hotel Coronado. For more information on the event, visit https://www.nacd.com/education-meetings/meetings/2022-annual-meeting/ To schedule a meeting, contact us at inquiry@chemceed.com.
The Science of Chem Light What is fun to snap, hear crack, and watch glow? Glow sticks! A glow stick, also known as chem light, is a self-contained chemical light source that has been around since the 1960s. Although not popular until the 1980s, scientists first started investigating chemiluminescence (the science of chem light) after... Read more »
The demand for lithium has boomed in recent years, particularly with the global push towards electric vehicles (EVs). What was once an element with limited applications, lithium’s use in rechargeable batteries has caused an explosion in demand. Since 2021, the pricing of lithium carbonate has increased more than 400% and continues to rise. The supply... Read more »
