Five years ago, the thought of $55-a-barrel oil would have given Piotr Galitzine heartburn. Now it's keeping one of his steel-pipe shops in Houston open 24/7 and fueling a flurry of orders.
China's government pledged to dramatically slow a coal-power building binge that is threatening its environment, saying it would shut down dozens of coal-power plants and stop some new construction.
Analyst Insight: The chemical industry is a critical partner to many other industries, with nearly 96 percent of all manufactured products being touched in some way by chemistry. The accelerating pace of product life-cycles, driven by demand for new and innovative products, plays an important role in driving the need for innovation in the chemical industry. To drive innovation and improve business performance, chemical companies are looking at the role of digital transformation as a lever to improving the innovation process. – John Santagate, Research Manager, IDC
Analyst Insight: The chemical/energy industry market is ripe with mergers and acquisitions on a global basis as a way for businesses to position themselves for sustained growth. With low fuel prices, foreign competition and an uncertain economy, processors are shuffling their portfolios to offset losses. – Simon Hardy, senior supply chain evangelist, Elemica
Royal Dutch Shell Plc. will build seven fueling stations for hydrogen cars in California through a partnership with Toyota Motor Corp., laying down their latest bet on the demise of the internal-combustion engine.
Regulatory demands from the European Chemicals Agency (ECHA) will increase in complexity in 2018 with the forthcoming European Substance Volume Tracking (SVT) regulations, and EHS software provider Sphera has released an enhanced version of its Intelligent Authoring software that the company says will ensure companies are able to stay in compliance with the new regulations.
The scale and duration of the protests that have unfolded here over the fall and winter by those determined to block the Dakota Access oil pipeline have created endless logistical challenges.
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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