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How Reshoring May Affect Supply Chains and Jobs

The American Chemistry Council (ACC) recently released an article detailing the current state of the shipping industry. A recent study published by the Trade Partnership Worldwide notes that imports account for 21 million American jobs; an important fact to consider entering a new normal with discussions regarding reshoring, which would reduce the amount of imported goods in the United States. Proponents of The Miscellaneous Tariff Bill (MTB) also recognize the value imports play in the U.S. economy by temporarily reducing or suspending import duties on specific goods. The ACC reasons that suspending tariffs on imported goods may, in the long run, save the chemistry industry over $1.3 million per day.

To read the entire article, Click Here.

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How the “New Normal” Will Change Supply Chains

An article by the Independent Commodity Intelligence Service (ICIS) notes that America, as well as the rest of the world, will be entering the era known as “The New Normal”. As several consecutive major world events have interrupted supply chains beyond normal reconfiguration parameters, ICIS maintains that there is as a silver lining: positive changes in business infrastructure as priorities shift from globalization to sustainability. Global events have forced companies, specifically in the energy, pharma and chemical industries, to reinvest in themselves in order to move forward by reshoring and taking advantage of “Build Back Better” programs.

To read the entire article, Click Here.

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“Secure your supply chain through August!” | The View, Podcast Edition – Episode 055

Episode 055 of The View from Jamestown, Podcast Edition
May 2021 Episode

– Supply chain imbalance expected to last well into August/September
– Heavy hurricane season is projected, which might further disrupt supply in the fall
– Domestic suppliers cannot keep up with demand, further impacting port delays
– Prices expected to stay at current levels, or continue rising due to supply/demand
– Tradeshows & conferences look to return this summer/fall!

President Robb Roach
VP Sales & Marketing AJ Petrarca
Latin American Operations Manager Javier Fernandez

Host: Marketing & Sales Specialist Ben Sawicki

Hosted by: Ben Sawicki

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Plastics Fast Track to a Green Future

A recent article by the Independent Commodity Intelligence Services (ICIS) states that President Biden has committed to cutting US greenhouse gas emissions in half by 2030, putting America on the fast track for a greener future. ICIS notes that the plastics industry, in particular, is going to face pressure from two directions to move quickly to using recycled plastic as a feedstock as there is a mounting pressure from consumers and brand owners to tackle the problems caused by plastic waste.

To read the entire article, Click Here.

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Chemical Industry to Lead America’s Forthcoming

According to the American Chemical Council (ACC), America’s chemical industry will have an important role in rebuilding the country’s aging and failing infrastructure. The ACC notes the strong sense of responsibility as the advanced materials that are needed for upgrading are the main byproducts from the chemical industry itself. The ACC states that addressing America’s growing infrastructure problems will be the key to reaching a sustainable future.

To read the entire article, Click Here.