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The View from Jamestown: May 2018

The View from jamestown may 2018 - The Chemical Company | Chemical Distributor
The latest chemical industry updates, delivered to your inbox.

Introducing: The View from Jamestown Mobile App

The Chemical Company is committed to being more than a product and service provider. TCC strives to be one of your most valuable assets, by being a partner in all of your business operations.

As part of these continued efforts, we are proud to introduce our dedicated mobile application, “The View from Jamestown: Mobile App.”.

Pricing trends, market news and analysis, events and conferences, and much more is available through the app, along with additional features and capabilities in the months and years to come. Click the icon below to download.

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Market Updates

Crude Oil in 2018

Oil prices have been sitting at their highest levels in over three years so far in 2018, while inventories remain at the lowest levels since August 2015. Crude oil has consistently been above $65/bbl, and broke $70/bbl to start May.

Read On Here

Rail Traffic Takes on Tight Trucking Capacity, Up 6.5%

Railroads are reporting monthly increases in traffic as high as 6.5%, stemming from continued tightness and issues in the trucking market. Spot truck prices are up as much as 30% year-over-year, and many believe this might be considered the “new norm” of the freight industry.

Read On Here

U.S. Tariffs Remain Unsettled

Despite a multitude of articles, analysis and tweets across the news and political landscape, tariffs involving steel and aluminum with the EU, Canada and Mexico, as well as the proposed $150b in Chinese tariffs remain in flux as both proposals go through the proper channels.

Security of Supply | The Chemical Company

Security of Supply defines The TCC global strategy to ensure safety, and accountability as well as honest, long-term organic growth.

Our team includes a local technical sales staff based throughout the Americas, a dedicated EH&S team, our integrated logistics managers, vertically integrated producing partners, and committed high-quality customer expert team.

We monitor short-term trends and long-term opportunities, acting and investing when the market is right to bring the best value to our business partners and customers.

black 1 - The Chemical Company

The View from Jamestown: Podcast Edition is our bi-weekly podcast series that includes content from The View, interviews with industry professionals and business partners, tradeshow previews, and much more.

Want the May View from Jamestown in Podcast format?

podcast episode 005 - The Chemical Company | Chemical Distributor
weekly market update May 2018 - The Chemical Company | Chemical Distributor

The Chemical Company produces weekly graphics with raw material market information and price changes. To follow along, follow TCC your platform of choice, including LinkedInFacebookInstagram & Twitter, and of course make sure you’re subscribed to The View.

Featured Product: April 2018

ChemFlexx logo final - The Chemical CompanyChemFlexx is The Chemical Company (TCC) diverse portfolio of plasticizers and polymer additives. Suitable for multiple industries, and with stock locations across the globe, the TCC ChemFlexx line will help secure your supply through all market conditions.

All products are subject to availability, which fluctuates daily. Most products are available from TCC with approximately a one-week lead time.

For more information, click the graphic of the product, or visit thechemco.com.

Monthly Market Movers

Crude Oil: $70.07 (+ 6.69%)
Natural Gas: $2.76 (+ 1.14%)
DOW: 24,091 (+ 2.90%)
Nasdaq: 7,137 (+4.16 %)

As of: 5/7/2018, Yahoo Finance (Approximate monthly changes)

Dollars & Cents

$1.00 USD =

.836 EUR
.736 GBP
109.894 JPY
18.99 MXN

As of: 5/2/2018, xe.com

ACS & NPE: Thank you!

Thank you to all who stopped by our booth at both the American Coatings Show (ACS) and NPE 2018!

TCC booth - The Chemical Company | Chemical Distributor

may promo card horiz - The Chemical CompanyThe View from Jamestown: Podcast Edition
Episode 003: Conference, Tradeshow & Event Preview

Did you catch our Security of Supply campaign placement in the recent AFPM ICIS print magazine?
If not, click the graphic to learn more!
Security of Supply ad - The Chemical Company | Chemical Distributor

LoveChemistry Logo - The Chemical Company

The Chemical Company is committed to giving back to our local community, and to the chemical industry as a whole. Our Love Chemistry campaign encompasses our fundraising and charitable efforts year after year. 

Winter The View from Jamestown banner - The Chemical Company | Chemical Distributor

The View from Jamestown: April 2018

April 2018 The View From Jamestown banner - The Chemical Company | Chemical Distributor
The latest chemical industry updates, delivered to your inbox.

The View: Podcast Edition

The View from Jamestown: Podcast Edition is our bi-weekly podcast series that includes content from The View, interviews with industry professionals and business partners, tradeshow previews, and much more.

Click the album art to stream the April View from Jamestown podcast today.

The View from Jamestown podcast edition - The Chemical Company | Chemical Distributor

Market Updates

No-Toxicity Ruling for DINP in Europe

This month, the European Chemicals Agency Risk Assessment Committee (RAC) concluded no classification is required for DINP after a lengthy research and analysis period. This comes after Denmark submitted a request to look into a ruling in 2015.

Read On Here

Crude Oil Hovers Above, Around $65/bbl

Crude Oil prices have ticked above $65/bbl two separate times so far in 2018, a price widely regarded as a major threshold for the petrochemical market.

Read On Here

U.S. Trucking Will Get Worse in 2018 Before it Gets Better

Throughout the months of trucking issues including driver shortages, ELD mandates and the winter weather, analysts believe the issues will continue getting worse before they get better.

This report from Bloomberg expects freight costs to rise as much as 12% in 2018, up from already inflated rates that the industry has been seeing through the last six to twelve months.

Read on here

Product Pricing Trends & Updates

  • U.S. Propylene spot prices mostly down
    • Polymer Grade: $.4275/lb
    • Refinery Grade: $.295/lb
  • U.S. contract Ethylene settles at 28.25cpp, down 1.75cpp from March
  • Crude Oil fell on Wednesday to $63.37/bbl, but has been hovering around $65/bbl all March
  • June ICE Brent settled down to $68.02/bbl
  • May NYMEX Nat Gas closed Wednesday at $2.718/mmBtu
  • April Benzene settled down 7cpg, to 299cpg. Was 306cpg in March

Pricing info & trends courtesy of: PetroChem Wire

Security of Supply | The Chemical Company

Security of Supply defines The TCC global strategy to ensure safety, and accountability as well as honest, long-term organic growth.

Our team includes a local technical sales staff based throughout the Americas, a dedicated EH&S team, our integrated logistics managers, vertically integrated producing partners, and committed high-quality customer expert team.

We monitor short-term trends and long-term opportunities, acting and investing when the market is right to bring the best value to our business partners and customers.

black 1 - The Chemical Company

march 2018 weekly market update - The Chemical Company | Chemical Distributor

The Chemical Company produces weekly graphics with raw material market information and price changes. To follow along, follow TCC your platform of choice, including LinkedInFacebookInstagram & Twitter, and of course make sure you’re subscribed to The View.

Featured Product: April 2018

elo - The Chemical CompanyNatureFlexx ELO: Epoxidized Linseed Oil

All products are subject to availability, which fluctuates daily. Most products are available from TCC with approximately a one-week lead time.

For more information, click the graphic of the product, or visit thechemco.com.

Monthly Market Movers

Crude Oil: $63.50 (+ 3.55%)
Natural Gas: $2.669 (- 2.41%)
DOW: 23,995 (- 2.75%)
Nasdaq: 6,995 (- 3.75%)

As of: 4/3/2018, Yahoo Finance (Approximate monthly changes)

Dollars & Cents

$1.00 USD =

.815 EUR
.711 GBP
106.561 JPY
18.20 MXN

As of: 4/3/2018, xe.com

Upcoming events header - The Chemical Company | Chemical Distributor
American Coatings Show 2018 - The Chemical Company | Chemical Distributor
NPE 2018 - The Chemical Company | Chemical Distributor
Did you catch our Security of Supply campaign placement in the recent AFPM ICIS print magazine?
If not, click the graphic to learn more!
Security of Supply ad - The Chemical Company | Chemical Distributor

LoveChemistry Logo - The Chemical Company

The Chemical Company is committed to giving back to our local community, and to the chemical industry as a whole. Our Love Chemistry campaign encompasses our fundraising and charitable efforts year after year. 

Winter The View from Jamestown banner - The Chemical Company | Chemical Distributor

The View from Jamestown: March 2018

The View from Jamestown March 2018 - The Chemical Company | Chemical Distributor
The latest chemical industry updates, delivered to your inbox.

Market Updates

Europe’s Plastic Policies Impact Global Petrochemical Markets

Since China’s ban on importing the world’s plastic waste began in January 2018, other countries have also felt an urgency to recycle more. Europe’s proposed strategy to expand recycling efforts starts with Europe recycling just 41% of plastic waste today. The proposed plans are designed to reach 55% by 2030. The new rules on packaging are projected to save around €100 per collected ton, as well as offering a better-standardized system.

With a significant reduction in plastic bag use, the focus now pivots to other single-use plastics and fishing gear. These plans include ensuring that waste generated on ships and gathered at sea are returned to land and handled there, as well as, reducing administrative burdens on ports, ships, and competent authorities.

Read On Here

Thaw Season Begins March 5

Thaw season in trucking & freight formally begins Monday, March 5th.

Due to structural issues with warmer weather approaching and impacting bridges and roadways, trucks are forced to lower their load weight by a percentage depending on truck type and configuration.

How Blockchain May Create the Autonomous Shipping Container

With a great deal of ground to make up before it becomes a viable, widely-used commercial tool, blockchain technology is poised to make a massive impact on the freight and logistics industry. From managing bulk quantities of containers shipping intercontinental to monitoring the interior air quality and product status, blockchain technology will be posed to impact the freight industry along multiple avenues.

Read on here

Product Pricing Trends & Updates

  • U.S. Propylene contract price down $.06/lb ($132/t)
    • Polymer Grade: $.53/lb ($1168/t)
    • Chem Grade: $.515/lb ($1135/t)
  • European Propylene contract price settled at €617/t ($1119/t) for March
    • €21/t decrease from February
  • Crude Oil continues to hover above $62.50/barrel
  • March Benzene settled at 306cpg, down 5 cents from Feb

Pricing info & trends courtesy of: PetroChem Wire

Security of Supply | The Chemical Company

Security of Supply defines The Chemical Company’s global strategy to ensure safety, accountability, honest and long-term organic growth.

Our team includes a local, technical sales staff based throughout the Americas, a dedicated EH&S team, our integrated logistics managers, vertically integrated producing partners and our committed, high-quality customer expert team.

We monitor short term trends and long-term opportunities, acting and investing when the market is right to bring the best value to our business partners and customers.

black 1 - The Chemical Company

Weekly Market Update February 2018 - The Chemical Company | Chemical Distributor

The Chemical Company produces weekly graphics with raw material market information and price changes. To follow along, follow TCC your platform of choice, including LinkedInFacebookInstagram & Twitter, and of course make sure you’re subscribed to The View.

Featured Products: February 2018

911P - The Chemical Company | Chemical Distributor

ChemFlexx 911 P

ESO - The Chemical Company | Chemical Distributor

ChemFlexx ESO

All products are subject to availability, which fluctuates daily. Most products are available from TCC with approximately a one-week lead time.

For more information, click the graphic of the product, or visit thechemco.com.

Monthly Market Movers

Crude Oil: $62.62 (- 0.62%)
Natural Gas: $2.703 (- 1.57%)
DOW: 24,862 (- 2.00%)
Nasdaq: 7,334 (- 4.52%)

As of: 3/5/2018, Yahoo Finance (Approximate monthly changes)

Dollars & Cents

$1.00 USD =

.811 EUR
.723 GBP
106.198 JPY
18.86 MXN

As of: 3/5/2018, xe.com

Briscoe v3 1 - The Chemical Company

AFPM 2018 upcoming events - The Chemical Company | Chemical Distributor
American Coatings Show 2018 - The Chemical Company | Chemical Distributor
NPE 2018 - The Chemical Company | Chemical Distributor

 

Keep an eye out for TCC’s “Security of Supply” placement in the upcoming ICIS AFPM print edition magazine!

Security of Supply ad - The Chemical Company | Chemical Distributor

LoveChemistry Logo - The Chemical Company

The Chemical Company is committed to giving back to our local community, and to the chemical industry as a whole. Our Love Chemistry campaign encompasses our fundraising and charitable efforts year after year.