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 »
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 »
We’re thrilled to announce that ChemCeed will be attending the upcoming ACD Central & Southern Region Meeting in the charming city of Charleston, South Carolina. As a leading player in the chemical industry, we understand the importance of staying abreast of the latest developments, trends, and networking opportunities. Networking and Collaboration The ACD Central &... Read more »
Lately all eyes have been on the economy amid fears of a recession. According to a new report by the Commerce Department, the U.S. economy grew at an annual rate of 1.1% in the first quarter of 2023. This was down from a 2.6% growth rate in the fourth quarter of 2022. The slowdown in... 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 »
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 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 »
