A new method to analyze and define chemical risk will make it easier and less expensive to manage potential risks, according to researchers who have published their approach in the journal Risk Analysis.
LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new U.S. plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.
Walmart has announced a 95 percent reduction by weight of "high priority chemicals" from certain products sold in U.S. locations, according to its latest global responsibility report.
Sparks are flying between the chemical industry and organized construction labor - two groups which, by working together, could have a major impact on economic growth and job creation in our country.
German energy technology company SSC Wind is using passive ultrahigh-frequency and high-frequency RFID tags, in combination with GPS technology, to manage tools and equipment stored within containers and service vehicles on its job sites. In so doing, the company can better account for the tools and ensure their return at day's end.
The American Chemistry Council's Specialty Chemicals Market Volume Index ended the first quarter of 2016 on a soft note, slipping 0.1 percent on a three-month moving average (3MMA) basis in March after a revised 0.1 percent drop in February. Weakness in oilfield chemicals and mining chemicals, among other segments, weighed on overall volumes.
Iran faces a struggle to increase oil exports because many of its tankers are tied up storing crude, some are not seaworthy, and foreign shipowners remain reluctant to carry its cargoes.
U.S. and Canadian natural gas Class 8 truck retail sales improved modestly in February, after getting off to a slow start in 2016, according to a recent report from ACT Research.
Chemical companies are usually considered quite conservative. But according to McKinsey and Company research, the chemical sector is among the highest-performing industries. Total return to shareholders for chemicals is nearly double that of the world equity market, and the CAGR for the period from June 2008 to March 2015 for the chemical industry runs about 9 percent, compared to 6 percent for all markets. Clearly the industry has been doing something right.
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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