President Barack Obama has signed legislation that will provide tariff relief to U.S. chemical producers that import raw materials and intermediate products.
The total cost of having a vehicle fleet fell by 14 percent from 2014 to 2015 due primarily lower fuel prices, according to the inaugural Element Fleet Total Cost of Ownership Index.
Leaders from plastics organizations across the globe announced that there were approximately 260 projects planned, under way or completed as part of the Declaration of the Global Plastics Associations for Solutions on Marine Litter (Global Declaration), a public commitment by the global plastics industry to tackle plastic in the marine environment. The announcement came with the release of the plastics industry's annual progress report, which documents the various efforts under way around the world.
When the $68.6bn Dow-DuPont merger is complete later this year, the historical deal won't just be the largest merger in the chemicals industry - it will be one of the most valuable mergers in history.
French Energy Minister Segolene Royal is investigating legal means to ban the import of shale gas from the United States because France has banned shale gas exploration using hydraulic fracking for environmental reasons.
LPG shipping freight rates are forecast to deteriorate further through 2016 as a result of the fast-rising fleet of Very Large Gas Carriers (VLGCs), which has already started to impact earnings of smaller vessel classes, according to the latest edition of the LPG Forecaster, published by global shipping consultancy Drewry.
On Sunday, Iranian and Chinese officials signed an agreement for large-scale Chinese investments and trade commitments for the Iranian petroleum industry.
On Dec. 12, 2015, at the United Nations' 21st Conference of the Parties (COP21) in Paris, negotiators from nearly 200 countries signed an ambitious agreement aimed at stemming global warming.
Last Thursday, the U.S. Senate passed the FY2017 Energy and Water Development Appropriations Bill by a wide margin of 90 to eight. It is the first appropriations legislation to pass the Senate this year, and it incorporates $6bn in funding for the Civil Works Program of the U.S. Army Corps of Engineers, the agency charged with maintenance and improvements to navigable waterways.
The latest supply-chain news, analysis, trends and tools for executives in the chemicals and energy industries. Learn how chemical and energy companies and their suppliers around the world are managing the flow of products across all channels of the enterprise. Experts sound off on forecasting and demand planning, supply-chain visibility, logistics outsourcing, inventory optimization, transportation management, warehouse management, supply-chain security, corporate social responsibility and more.
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