Supply Chain & Logistics

U.S., France to seek global accords on plastic but environmentalists wary about “non-binding commitments”

Feb 22, 2022

The governments of France and the U.S. announced on Feb. 11, 2022 that they have decided to start work together to seek international accords to reduce plastic waste so that it won´t end up in rivers and oceans.

North America to see 4 million tonnes of new polyethylene production in 2022, half of it for export

Feb 7, 2022

North America will see in 2022 startups of new annual production capacity for nearly four million tonnes of polyethylene, the plastic resin most commonly seen shaped as grocery bags or milk jugs that has multiple packaging applications.

U.S. construction material prices and contractor bid proposals on the rise in 2022

Feb 7, 2022

Any new project decisions in 2022 will be evaluated in an environment of ongoing material price increases and supply disruption that has alredy pushed some contractors to propose higher bids with longer completion times.

Chemical producers warn New York State against prohibiting some flame retardants in household goods

Jan 11, 2022

The North American Flame Retardant Alliance of the American Chemistry Council warned New Yorkers on Jan. 3, 2022 that if they impose a ban on the sale of some household goods with added fire retardants they “could potentially put residents and business at...

U.S. EIA sees 2022 crude oil prices below 2021 peaks

Dec 19, 2021

The U.S. Energy Information Administration expects for 2022 lower crude oil prices compared with the highs for 2021 seen in November and projects an average price for next year at about $70 per barrel.

U.S. gasoline prices post highest levels in nearly a decade in late November

Dec 6, 2021

U.S. average pump window prices at service stations for regular unleaded gasoline on the Monday before the U.S. Thanksgiving holidays this year were on average $3.40/gallon, the highest in about a decade, according to the U.S. Energy Information...

Fertilizer tightness seen lasting into at least 2023, forcing world farmers into bidding wars

Dec 6, 2021

Farmers worldwide seeking to secure fertilizer for the next two years will have to outbid rivals or otherwise miss having enough to support crops, executives of a leading U.S. fertilizer supplier said in November.

Some high-end specialty chemicals for automotive enjoy good demand even with low vehicle inventory

Nov 9, 2021

Auto dealers faced limited vehicle inventories in 2021 and the reduced availability in showrooms and new car lots translated into more effort to upsell the latest SUVs and sedan models with add-ons, like some specialty chemicals for performance and durability.

Nigeria, Peru, Trinidad 2021 LNG issues result in $300 million opportunity loss for Shell just in third quarter

Nov 9, 2021

Royal Dutch Shell faced just in July-September an opportunity loss, or the value of the unrealized scenario of having enough of its own supply to serve its contracts, of an estimated $300 million that resulted from LNG production problems in Trinidad, Nigeria...

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