Chemicals Industry of the Future: Building Partnerships for the Chemical Enterprise

| December 8, 2017

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The chemical industry is a keystone of U.S. manufacturing. Chemicals provide the building blocks for products that meet society’s needs, from the most basic to the most high-tech. The U.S. chemical industry accounts for 25% of the worlds chemical production.

Spotlight

İNTERLAB A.Ş.

Establishment and general information Starting on its foundation in 1983, INTERLAB has always been a company that relies on its wide product portfolio of highest quality, puts great emphasis on customer satisfaction as well as service quality and sustains the strength of its past into the future. Based on the principles of innovative approach and entrepreneurial vision, INTERLAB has been dedicated to provide goods and solutions for the daily work in university and government institutions, medical and research labs as well as the industries. In addition to its admirable development, production and distribution systems; thanks to the recognition built on its customer orientation and uncompromised quality of its precise products, INTERLAB is today a well reputable, widely preferred global player achieving a steady growth rate every year.

OTHER ARTICLES

Demographics are reshaping petrochemicals trade flows, investment patterns and demand

Article | May 23, 2021

TEN YEARS AGO, fellowblogger Paul Hodgesand Ifirst highlighted the leading rolethat changing demographics would play in reshaping petrochemicals supply and demand. We have been emphasising the importance of demographics ever since. Demographics have, of course, always been a critical shaper of economies throughout human history. But during the last 70 years, there have been such major changes in demographics that the study of demographics must be at the very heart of your company’s strategy. The Babyboomer generation in the West led to a surge in demand as the rapid increase in babies born in the 1950s and early 1960s joined the workforce from the 1970s onwards. This helps explain high levels of inflation during that decade because too much demand was chasing too little supply. Another driver of inflation was the Middle East embargos against oil exports to the West because of the West’s support for Israel. Then came the 1990s and first the integration of Eastern Europe into the global economy. This helped dampen inflationary pressures because of the plentiful supply of workers in the east willing to work for low wages in export-focused factories. This reduced the cost of finished goods in the West. Next came Deng Xiaoping’s critically important“southern tour”in the early 1990s and China’s gradual integration into the global economy. China increasingly leveraged its very youthful population to again make cheap goods to export to the West. Hundreds of millions of young people were willing to migrate from the countryside to China’s coastal cities to work in export-focused manufacturing plants. The world began to talk about the “China price” and how it was further depressing global inflation.

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The State of Intelligent Operations in Oil and Gas

Article | June 11, 2021

Intelligent Operations can play a vital role in creating connected content environments, however, many companies – especially within oil and gas – having been slow on the uptake. Businesses that implement digital transformation initiatives often gain a competitive advantage over their rivals, as they benefit from reductions in human error, increases in productivity and further support for compliance efforts.

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We need a global agreement that sets targets for reducing plastic waste

Article | May 20, 2021

What follows is an entirely personal take on the challenge of plastic waste and does not represent the views of ICIS or any other expert opinion I have sought out. The views are put forward in the spirit of debate as we move forward, as an industry, to solve the crisis of plastic waste.

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The multi-million dollar polymers opportunity: continued big regional price differentials

Article | June 29, 2021

POLYMER BUYERS outside northeast (NEA) and southeast Asia (SEA) have a big opportunity to save millions of dollars on procurement costs during the rest of this year through purchasing more from the two regions.The opportunity has arisen because I believe that NEA and SEA polymer prices will remain very cheap relative to most of the world until at least the end of 2021. NEA comprises China, Japan, Taiwan and South Korea. Our definition of the SEA region is Cambodia, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam.NEA and SEA producers can also make a lot of money by constantly monitoring and acting on strong arbitrage opportunities in other regions. As supply disruptions in the US look likely to continue, Europe and South & Central America seem particularly good opportunities for both buyers and producers.Before we discuss why I see NEA and SEA remaining cheap relative to most of the rest of the world until at least the end of the year, let us consider in more detail the size of the prize, starting with the resin buyers.

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Spotlight

İNTERLAB A.Ş.

Establishment and general information Starting on its foundation in 1983, INTERLAB has always been a company that relies on its wide product portfolio of highest quality, puts great emphasis on customer satisfaction as well as service quality and sustains the strength of its past into the future. Based on the principles of innovative approach and entrepreneurial vision, INTERLAB has been dedicated to provide goods and solutions for the daily work in university and government institutions, medical and research labs as well as the industries. In addition to its admirable development, production and distribution systems; thanks to the recognition built on its customer orientation and uncompromised quality of its precise products, INTERLAB is today a well reputable, widely preferred global player achieving a steady growth rate every year.

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