Pipeline Hack Cause for Alarm, Not Panic
An article published by CNBC details why the recent cyber attack on the United State’s largest pipeline should not be reason for mass hysteria; Outlining that the targeted attack by cybercriminal group known as DarkSide was motivated by financial gain more-so than to disrupt America’s gas supply chain. Regardless of the motivation, the effects have […]
From the Captain’s Chair: A Letter from The President
As we approach the end of the first half of 2021, the overall supply chain picture remains bleak. Now is not the time to expect things to get better. They’re not. Surging demand combined with plant breakage, tariffs, lack of truck drivers and equipment, cyber wars, war, winter storms, hurricanes, pipeline outages, canal blockage, etc. […]
Europe Leans on Chemical Industry to Reduce Carbon Footprint
According to an article by Chemical and Engineering News (C&EN), Europe is looking to reduce its greenhouse gas emissions by at least 55% by 2030. Europe’s chemical industry reports that they will need significant public funding in order to make this goal achievable, as European chemical experts say the wave of new impending costs will […]
Unprecedented Events and Their Effects on the Chemical Industry
An article published by the World Economic Forum (WEF) reports on the pandemic and its short and long-term effects on the chemical industry. Noting a shift in underlying trends due to a shocking frequency of global impacts, WEF gives insight as to where these trends may lead, and why they point in those directions. To […]
Egypt Asks for Up to $1.0Bil
A recent article by CNBC states that Egypt is seeking up to one billion dollars in compensation for the recent blockage of the Suez canal by the Ever Given, a cargo ship owned by freight company, Evergreen. Osama Rabie, the chairman and managing director of the state-owned Suez Canal Authority, reports that the money would […]
