Chemistry Industry Economic Profile.

| June 10, 2018

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Using data from Statistics Canada (unless otherwise stated), CIAC’s Annual Industry Economic Profile provides a statistical review of various key industry indicators including a number of shipments, imports, exports, and employment. The report also includes a section on specialty chemicals, statistics for the key provinces of Quebec, Ontario, and Alberta, and for the segments of the industry of primary interest to CIAC members.

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Shepard Bros., Inc.

Shepard Bros. is a California based, family owned business that supplies custom specialty chemicals and application support services to a wide variety of industries and markets throughout the United States.

OTHER ARTICLES

When chemistry becomes intelligent

Article | March 5, 2020

Nowadays, artificial intelligence (AI) and computer programs have infiltrated almost every corner of our lives; from facial recognition, language translation, image and video production, to self-driving cars and personal care aides. Other applications that might not yet be mainstream knowledge have to do with scientific exploration and research and development. For example, AI has the potential to revolutionize medical practices through augmenting medical diagnosis and have found application in drug discovery. In many places, researchers have also attempted to use AI algorithms to manipulate biology, chemistry, and physics with different setup configurations that can detect DNA modifications caused during epigenetic regulation or gene mutation, choose the most optimal reaction pathways in synthesis, and search for exotic particles using adapted learning networks.

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IoT in Chemical market trends you Can’t miss in 2020: Here’s What Will Happen in the near future?

Article | April 12, 2020

Global IoT in Chemical market research report provides the newest industry data and industry future trends. It allows you to identify the products and end users driving Revenue growth and profitability. The IoT in Chemical industry report lists the leading competitors and provides the game-changing strategic analysis of the key factors driving the market. The report includes the forecasts by 2020-2028, analysis by 2014-2019, and discussion of important industry trends, market size, market share predictions and profiles of the top IoT in Chemical industry players.

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The supply-chain inflation threat to petrochemicals demand

Article | May 9, 2021

Petrochemicals themselves remain in short supply. This is partly because of reduced feedstock from refineries, a consequence of the pandemic-related collapse in transportation fuels demand.Global petrochemical supply is still edging back to something like normal following the US winter storms in February, during which most US capacity was shut down. A point of discussion is whether containers will become available in the right places at the right prices to relieve tightness in the European polyethylene (PE) market, once US supply has normalised. The container issue is making it difficult to move PE and polypropylene (PP) cargoes from Asia to Europe.Market intelligence from the US-based ICIS CDI team indicates that enough container freight space will be available to resume significant shipments of US PE to Europe, albeit at high prices. It will be several more weeks before domestic pipelines have been refilled, enabling US producers to refocus on exports, added CDI.

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Petrochemical buyers, after a very difficult pandemic, can gain from China-driven deflation

Article | May 6, 2021

BUYERS OF polypropylene (PP) and other polymers and petrochemicals have had an incredibly difficult pandemic. Firstly, the converters and brand owners expected doom and gloom last March. At the time it seemed logical to expect a cratering of demand as the global economy pretty much imploded. Just looking at forecasts for GDP, parallels were drawn with the Global Financial Crisis when collapses in growth led to a cratering of polymers demand. The US is a good example where PP demand declined by 12% in 2008 over 2007. Demand then fell by a further 5% in 2009 over 2008.But what we all missed was the complete dislocation of polymers and petrochemicals demand from GDP. As economies registered historic declines, consumption went up. PP demand went through the roof, firstly for food packaging and hygiene applications.Then consumption for the durable goods made from PP also smashed through the rafters as we bought white goods (PP is used to make components of washing machines), consumer electronics (PP is used to make some electronic components) and carpets (PP fibres are used here).

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Spotlight

Shepard Bros., Inc.

Shepard Bros. is a California based, family owned business that supplies custom specialty chemicals and application support services to a wide variety of industries and markets throughout the United States.

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