The global chemical industry is deeply interconnected with energy, logistics, and feedstock supply chains—many of which are heavily concentrated in the Middle East. When geopolitical tensions escalate in the region, the effects are not isolated. Instead, they ripple rapidly across global markets, driving volatility in chemical pricing, availability, and production. Many U.S. buyers were surprised... Read more »
Many sectors of manufacturing are reacting to the decline in oil prices. Chemical prices from oil-based feedstocks have consistently fallen, leading to lower material costs and higher profit margins in some sectors. Other industries, such as rubber manufacturing, whose materials serve the oil and gas field are feeling the effects of waning demand as oil... Read more »