The United States, Global Community Focus on Reshoring

Reshoring Square - The Chemical Company

Although understanding the significance of shortening supply chains and reshoring wasn’t contingent on a global pandemic, it certainly accelerated the timeline for these initiatives. Businesses, of all shapes and sizes, have deliberated on internal reshoring strategies. This encompasses sourcing raw materials and goods closer to their final destinations, as well as the establishment of new, […]

Ongoing Concerns Revolve around the Red Sea and International Ocean Freight

Red Sea Square - The Chemical Company

Shippers worldwide are closely observing the developments in the Red Sea as container lines endeavor to adapt their shipments with a focus on safety, cost- effectiveness, and efficiency. There is a surge in spot container rates for shipments to and from various destinations that is posing a challenge for container lines grappling with extended lead […]

PVC Demand Projected to Remain Steady into 2024, Mirroring Pre-COVID Levels

Square PVC Demand - The Chemical Company

As we head into 2024, the demand for PVC across various industries, including housing, is expected to begin the year on a stable note, a consensus among many experts suggests.With interest rates reaching their highest in a decade, new housing starts are maintaining relatively modest levels. However, a swift growth in demand is anticipated once […]

Legislation and Infrastructure Bills Poised to Boost Chemical Industry in 2024

Square Legislation - The Chemical Company

A diverse array of political policies and legislative measures are poised to stimulate demand across the chemical industry in 2024.This surge is anticipated as a result of projects spanning areas such as 5G network expansion, housing developments, and various infrastructure initiatives eagerly awaiting government funding. Industry experts concur that numerous projects, initially slated for 2023, […]