Recent Reports Changing Economists’ Minds
Gross domestic product for the United States rose 3% in Q4 of 2022, which is slightly better than was expected and a positive trend even as consumer spending weakened. Orders for long-lasting goods were better than expected, and inventories showed a considerable increase. While inflation numbers indicated that price increases are slowing, they still remain […]
The Chemical Company Earns 2023 Silver EcoVadis Medal
Jamestown, Rhode Island – The Chemical Company (TCC) is proud to announce our Silver EcoVadis Medal for 2023. TCC’s regulatory team, spearheaded by Kaitlyn Hagan, submits corporate policies, procedures and records on an annual basis to EcoVadis in accordance with their requirements to a commitment on sustainable business practices. The Chemical Company is thrilled to highlight […]
A Note from The Captain’s Chair: 2023
After a historic two year run for the entire chemical and logistics industries, the temperature cooled in July of 2022. It was an unsustainable pace that had to end and we braced for a tough second half of the year. Fortunately, it was not as bad as we expected! The pace slowed and some inventories […]
Economic Stressors Leading to Chemical Industry Overstock
Inflation and rising cost of living has forced consumers to cut back on spending, leading to severe overstock in inventories. Because of this, the global chemical industry has been cutting operating costs. The energy crisis, which has contributed greatly to the complications surrounding the cost of living, has created a demand shock which has left […]
Texas Plants Shut Down Ahead of Freeze
Plants in Texas shut down operations recently in preparation for a cold front that caused temperatures to reach below freezing. Cold weather disruptions, that seemingly started within the last year, are detrimental to Gulf Coast plants as many of them are not equipped to handle long periods of freezing temperatures. Extremely frigid temperatures can […]
