Chemicals & Energy

Bulk Chemical Production Expected to Fuel Industrial Energy Consumption Increases for Next 25 Years

June 4, 2015

The U.S. Energy Information Administration's annual energy outlook - which was released earlier this spring - anticipated that the industrial sector's energy demand would outpace all other sectors through 2040, and a just-released EIA report projected that bulk chemicals would account for a "large portion of both consumption and anticipated growth," with the value of chemical shipments increasing from $288bn in 2013 to $429bn in 2025.

Tanker Operators Tie Their Prosperity to Decreased Shale Oil Production, Boost in Oil Imports

June 4, 2015

Drewry

How much U.S. shale oil production is taken out of service will be a key driver of future tanker shipping earnings, according to the latest edition of the Tanker Forecaster, published by global shipping consultancy Drewry.

Increases Predicted for Long-term Energy Costs

June 4, 2015

Worldwatch Institute

Although gas prices are temporarily low at the pump, long-term energy costs are on the rise. According to State of the World 2015 contributing author Nathan John Hagens, a former hedge fund manager who teaches human macro-ecology at the University of Minnesota, nations are papering over those costs with debt. Higher energy costs are leading to continued recessions, excess claims on future natural resources, and more-severe social inequality and poverty.

Use of Renewable Energy at Highest Rate in More Than 80 Years

June 3, 2015

Maritime Executive

In 2014, renewable energy accounted for 9.8 percent of total domestic energy consumption. This marks the highest renewable energy share since the 1930s, when wood was a much larger contributor to domestic energy supply.

Transportation Industry Drives Toward Non-Petroleum Energy

June 1, 2015

Time

The transportation sector is moving away from oil slowly but surely. Driven by growth in the use of biofuels and natural gas, non-petroleum energy now makes up the highest percentage of total fuel consumption for transport since 1954, according to a new report from the U.S. Energy Information Administration (EIA).

Duke Energy-Genpact Data Capture Partnership

June 1, 2015

Scott Abramson, Director of Operational Excellence, Duke Energy Renewables

DB Schenker Launches Weekly Air Cargo Service

May 29, 2015

DB Schenker

The jet cargo division of DB Schenker has launched a weekly air-cargo service linking Hong Kong with Chicago and Houston.

Plastics Market Expected to See Robust Growth, Job Openings Over Next Ten Years

May 28, 2015

Natural Gas Intel

The U.S. plastics industry is expected to grow rapidly over the next decade, fueled by cheap and abundant shale natural gas that's made it more competitive with overseas markets, according to a report by economists at the American Chemistry Council (ACC).

Climate Benefit of Natural Gas Trucks Limited if Methane Not Reduced in Overall Fuel Production, Study Says

May 27, 2015

Environmental Defense Fund

Shifting from diesel fuel to natural gas to power the nation's heavy-duty commercial trucking sector would achieve widely promised climate benefits only if widespread emissions of heat-trapping methane across the natural gas value chain are reduced, according to a new study coauthored by researchers from Environmental Defense Fund (EDF) and published in the journal Environmental Science & Technology.

AspenTech Unveils Update of aspenONE App for Manufacturers

May 26, 2015

Aspen Technology Inc.

Aspen Technology Inc., a vendor of optimization software for the process industries, has made generally available version 8.8 of aspenONE Engineering and aspenONE Manufacturing and Supply Chain.

Chemicals & Energy

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.