Chemical stock downgrades, lower activity point to more softness in industry

July 23, 2019

article image
Chemical sector activity flattened in July as economists warned that the U.S. chemical sector's expansion is reaching into its late stages and analysts downgraded views of two top Houston chemical companies.
The Chemical Activity Barometer, a leading economic indicator created by the trade group American Chemistry Council (ACC), eased slightly in July as performance activity in construction-related resins (plastic pellets), pigments and related performance chemistry were mixed, offsetting positive trends in plastics used for packaging and other consumer goods. The index was also pulled down by lackluster export results. Economists from the American Chemistry Council look at a host of key indicators in the chemical industry to develop the index, called the Chemical Activity Barometer. The index is a composite of several factors including chemical company stock data; hours worked in chemical sector; product pricing; end-user sales inventories; building permits; purchasing orders and equity pricing among other variables.

Spotlight

Plastic Suppliers, Inc

PSi is a global market leader in engineering and manufacturing superior quality compostable sealant film and shrink sleeve decoration films. Across a wide variety of markets, our EarthFirst® and PolyFlex® product lines have shown customers they don't have to sacrifice quality and performance for sustainability, brand impact, and affordability. With over 65 years of experience, PSi is one of the premier film manufacturers in the word, and the only company that can reduce your sealant film use by up to 60% using sustainability sourced products.

OTHER ARTICLES

Transporting biological and chemical materials - what you need to know

Article | February 13, 2020

The landscape of biological and chemical logistics has changed rapidly - as have the regulatory frameworks around it. What has not necessarily kept pace is the end-user understanding of the nature of these logistical processes, their opportunities and their constraints. Twenty years ago, the transmission of biological and chemical materials was limited to a small range of organisations: usually national and international research companies, hospitals, major university departments, police and military departments with forensic responsibilities.

Read More

Setting record straight on testing harm in chemicals

Article | February 13, 2020

The modern world is built on chemicals, be it the medicines we use, or cleaning fluids, crop protection products, or the raw materials for everything from laptops and mobile phones to clothes and furniture. Across all, we have created an entire modern society with chemicals, and, as a result, constantly stretched the size of the world population we can feed, clothe and shelter. Yet, balancing all the gains from the modern chemistry around us against any negative environmental and human impact has been a rising concern, making for ever greater focus on testing and on risk assessment.

Read More

Why chemical characterization is the best way to assess patient risk

Article | February 11, 2020

Everyone is very familiar with the phrase when buying a house: All that really matters are three things - location, location, and location. This same principle applies to extractables and leachables chemistry analysis – the three things that truly matter are identification, identification, and identification. The greatest growth in the past ten years in demonstrating the safety of medical devices and container closure systems for drugs has been using analytical chemistry to determine what chemicals can leach from the device and what the patient is exposed to during its intended use.

Read More

How Chemical Companies Benefit from the Experience Economy

Article | February 10, 2020

To feel or experience from a business engagement started with customer experience mainly in the consumer products business. Today it has extended to even knowledge industries like the chemical industry where experiencing or feeling can be leveraged to include all stake holders from customers primarily to employees to supply chain people & suppliers and all else. With digital technologies this has become easier than before. The benefits from promoting the ‘feel’ or ‘experience’ emotion could be multifarious for the chemical industry as described in this article.

Read More

Spotlight

Plastic Suppliers, Inc

PSi is a global market leader in engineering and manufacturing superior quality compostable sealant film and shrink sleeve decoration films. Across a wide variety of markets, our EarthFirst® and PolyFlex® product lines have shown customers they don't have to sacrifice quality and performance for sustainability, brand impact, and affordability. With over 65 years of experience, PSi is one of the premier film manufacturers in the word, and the only company that can reduce your sealant film use by up to 60% using sustainability sourced products.

Events