Soaring Chinese methanol expansion will boost demand for chemical tanker shipping on intra-Asia export trades out of China but check import traffic, according to the latest edition of the Chemical Forecaster, published by shipping consultancy Drewry.
The natural-gas-powered vehicle market has slowed as diesel fuel prices continue to drop, according to recent ACT Research's study of fuel trends in the heavy duty truck market.
There are sound economic and environmental reasons for commercial truck fleets to consider natural gas as an alternative to diesel fuel, says Patti Murdock, president and founder of Clean Logistics Consulting. Higher equipment costs and a still developing infrastructure, however, mean that it is not right for all situations.
The European plastics industry has published a manifesto alerting officials in Brussels to the many impediments it faces, and which it hopes will influence European Union policy.
After battling strong headwinds in 2013, chemical stocks have begun to bounce back this year driven in large part by the surging shale energy boom and a booming North American market. While any downturn in the economy could weigh on this cyclical sector, market dynamics and management strategies look poised to reward investors with performance gains and respectable dividend yields.
Boeing and Commercial Aircraft Corp. of China (COMAC) have opened a demonstration facility that will turn waste cooking oil, commonly referred to as "gutter oil" in China, into sustainable aviation biofuel. The two companies estimate that 500 million gallons (1.8 billion liters) of biofuel could be made annually in China from used cooking oil.
An Environmental Protection Agency proposed rule that would require modified and reconstructed power plants to meet two different carbon dioxide emissions standards under separate provisions of the Clean Air Act is illegal, states and industry groups said.
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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