The View from Jamestown: December 2017

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Market Updates

Methanol Prices Continue to Rise Across the Market

TCC Methanol Product Manager Cory Mullins anticipates rising Methanol prices heading into December and through the new year. Methanol prices rose 8 cents last week alone, with continued price increases expected.
Full blog post available via thechemco.com/TheView.

Domestic China 2-EH Prices Rising

China’s domestic 2-EH prices are expected to continue to rise with tight supply and increasing downstream demand. Supply has been shrinking throughout Q4 due to closures throughout China as environmental regulations continue. The rising costs and supply issues impact downstream plasticizers such as DOTP and DOP, raising costs by 3-6%.
Read more via ICIS.com/news.

Pricing Notes & Trends Going to 2018

With relatively mild weather throughout the U.S. heading into December, a majority of products and prices are seen unusually flat, or with minimal gains if any. Propylene settled up only 1-1.5 cents, while orthoxylene’s are up in Europe but flat in the U.S. With the unusually warm weather thus far, natural gas and propane prices remain low as the year comes to an end. Other materials including Benzene continues to rise, as well as Methanol up 8cpg last week alone.

The Chemical Company - From the Captain's Chair

November 2017

TCC President Robb Roach shares his thoughts and trends on the market as 2017 comes to a close, and heading into 2018. From rising Benzene prices, continued freight tightness and new hires at TCC, Robb covers it all in the first edition of The View from the Captain’s Chair.
Full content available via thechemco.com/TheCaptainsChair.

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: December 2017

Elatur® CH

 

Elatur® CH

 

Driveron® S

 

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: $57.42(+ 2.19%)
Natural Gas: $2.967 (-5.93%)
DOW: 24,326 (+ 3.28%)
Nasdaq: 6,778 (Flat)

As of: 12/4/17, Yahoo Finance

Dollars & Cents

$1.00 USD =

.843 EUR
.742 GBP
112.564 JPY
18.62 MXN

As of: 12/4/17, xe.com

From The Captain’s Chair | November 2017

The Chemical Company - From the Captain's Chair

November 22, 2017

Good Morning,

As we approach the holiday season and prepare for the New Year, a range of trends and factors across the industry are poised to make an impact both for the positive, as well as the negative.

Benzene sits around $3.40/gallon, with continued rising prices. We anticipate seeing chemical prices downstream impacted and rising going into December, including, but not limited to styrene and adipic acid. In anticipation of these price increases, we recommend that our customers plan early and place orders with as much lead time as possible.

Aside from benzene, TCC is anticipating higher prices across the market as stricter Chinese environmental regulations go into effect. We’ve already seen multiple small and mid-size producers shutter, either to update facilities or permanently as result of these new laws. Until the New Year kicks in, we won’t know just how widespread these closures will be in impacting global chemical markets, but we recommend preparing for the worst.

Related to logistics, the U.S. Electronic Logging Device (ELD) mandates become mandatory on December 18 of this year. Multiple outlets are reporting a high percentage of logistics and trucking firms are not amenable to these new rules, and as many as 16% of an already depleted truck driver industry is planning to walk away from trucking rather than comply with the new regulations. To our north, Canada has already implemented similar mandates, which have produced anticipated results of additional tightness throughout the freight market. Though regulating bodies have extended a grace period with minimal implications for non-compliance through April 2018, we still expect trucking and freight to be tight. We urge customers and business partners to plan early to allow as much lead time and flexibility as possible.

In company news, The Chemical Company has continued its investment in Environmental Health & Safety (EH&S). Matt Francoeur joins our staff from the University of Rhode Island. He will oversee TCC’s EH&S management and reporting for all products, geographies and industries where we are involved. We are enthusiastic about our investment in Matt and this position, and we are confident that it will have a favorable impact on our long-term strategy of organic, positive growth.

On behalf of the TCC family, I would like to extend our best wishes for the holiday season as we head into the New Year.

 

 

– Robb Roach, President

The View from Jamestown: November 2017

The latest chemical industry updates, delivered to your inbox

Market Updates

Depleted Trucking Availability Continues to Impact Chemical Market

As the deadline for the ELD mandate looms closer, the trucking freight industry is failing to replace its retiring workforce, specifically, its drivers. This is severely impacting production supply chains throughout the chemical industry and adversely affecting the overall marketplace.

Full blog post available via thechemco.com/TheView.

China Environmental Regulations Influencing Global Chemical Market

As China goes to figurative war with its pollution and smog issues, of which it has a long history, the chemical industry is preparing for the inevitable fallout from the implementations of the new regulations. Beginning on January 1, 2018, China is set to enforce its new nationwide fees in the form of taxes on production facilities and businesses that violate the
pollution thresholds.

Full article available via thechemco.com/TheView.

TCC Specialty Chemical Market Update November 13-17, 2017

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: November 2017

ChemFlexx DOTP

Contact product manager Tom Guadagno for material availability.

TCC DPHP

Emoltene® 100 DPHP

Emoltene® 100 DPHP is in stock & available for prompt shipment, contact product manager Tom Guadagno for more information.

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: $54.21 (+ 6.3%)
Natural Gas: $2.92 (- 6.6%)
DOW: 23,430 (+ 3.4%)
Nasdaq: 6,714 (+ 2.8%)

As of: 11/2/17, Yahoo Finance

Dollars & Cents

$1.00 USD =

.859 EUR
.761 GBP
114.080 JPY
19.09 MXN

As of: 11/2/17, xe.com

TCC News & Announcements

The Chemical Company’s Q4 Captain’s Choice

AJ Petrarca
GM of Sales

AJ is a 9 year TCC veteran, who began after earning his degree in chemistry at the nearby University of Rhode Island. He is TCC’s GM of sales, and a product manager for urea, glycols, dicy and ATBC.

Aside from work, AJ enjoys spending time with his wife and two boys, hunting, fishing, boating and cooking.

Jill Goldstein
Customer Service Representative

After starting with TCC in May of 2016, Jill is a customer service representative managing urea and other product lines, as well as international orders.

Outside of work, Jill is one of the few TCC staff who also lives on Jamestown. She is a true New England sports fan, attending professional sporting events and enjoying other Rhode Island activities with her son, friends and coworkers.

The Captain’s Choice award is given quarterly to a member of both the internal TCC team, and the TCC sales team for performance, results and work ethic that goes above and beyond.

The Chemical Company Sponsors Make-A-Wish Classic in Elgin, SC

The Chemical Company participated as a co-sponsor the 21st Annual Make-A-Wish Golf Classic, benefitting the South Carolina Make-A-Wish Foundation.
For more details, click here, or the attached image.

May 2017: The View from Jamestown

 

Market Updates

When considering the last few years, the chemical industry has seen a relatively strong start in 2017. What’s driving it forward, and can it continue? Click the image to read more. 

 

Dollars & Cents

$1.00 USD =

0.919 EUR
0.772 GPB
113.924 JPY
19.09 MXN

As of: 5/10/17. xe.com

Product Update

ChemFlexx TOTM

Tri-2-Ethylhexyl Trimellitate

The Chemical Company’s ChemFlexx TOTM is a primary branched monomeric plasticizer for polyvinyl chloride homopolymer and copolymer resins. 

ChemFlexx TOTM is a lasting primary plasticizer, suitable for PVC, cellulose nitrate, ethyl cellulose and poly methyl methacrylate. 

 
The Chemical Company is proud to add Butanol and 2 Ethylhexanol (2-EH) to its expanding product line. See informational product videos on each of the products above. To read more, click the product name.
 

Upcoming Tradeshows & Events

Click any image to schedule a meeting 

Eastern Coatings Show

May 15-18, 2017
Atlantic City, NJ

InformEx 2017

May 16-18, 2017
Philadelphia, PA

APIC

May 18-19, 2017
Sapporo, Japan

 

Oxo-Alcohols Europe

May 24, 2017
Amsterdam, Netherlands

Latin American Coatings Show

June 20-22, 2017
Mexico City, Mexico

 

Southwestern Fertilizer Conference

July 15-19, 2017
San Antonio, TX

Want to schedule a meeting?

What’s Happening at TCC?

The Beavertail Lighthouse Museum Association: 2017 Capital Fundraising Campaign

In June, the Roach Family is sponsoring a cocktail party for The Beavertail Lighthouse Museum Association, as part of their 2017 Matching Gift Capital Campaign. The Association has an outside donor willing to match up to $500,000 in donations collected during 2017. The donations and matched capital will be placed in an endowment for the association to use annually for building maintenance and upkeep.

Although it has been rebuilt, repaired and even moved, a lighthouse has sat at the current location since 1749, on the southern-most tip of Jamestown, Rhode Island. The association oversees the lighthouse and museum’s maintenance and function. For more information about Beavertail Lighthouse or the fundraising event, click the image below.

Chemical Educational Foundation

Rhode Island State Challenge Sponsor & President’s Club Member

Last week, members of the TCC team were on-hand for the 2017 Chemical Educational Foundation’s Rhode Island “You Be The Chemist” state challenge. Sixteen competitors in fifth through eighth grade made their bid to be the Rhode Island State Champion, moving on to the national competition in Washington D.C. in June. For more information, click the image. 

 

 

The Chemical Company

30 Second Commercial Spot: “What Is Chemistry?”

Media Contact: Ben Sawicki
Marketing Coordinator
The Chemical Company
bsawicki@thechemco.com
401.360.2872

April 2017: The View from Jamestown

 

Market Updates

 The Trump Effect
An inconsistent tone and policy plan from President Trump and international leaders has built uncertainty among global petrochemical supply chains. To read the full report from ICIS, click the above image.

RODIS Robot Improves Pipeline Safety
Diakont, a Russian-based company with offices in San Diego, CA, is developing RODIS, a robot with the ability to scan pipelines that have never before been able to be checked. To read the CNBC full feature, click the above image.

Dollars & Cents

$1.00 USD =

0.935 EUR
0.784 GPB
108.412 JPY
18.50 MXN

As of: 4/18/17

Product Update

The Chemical Company is proud to add Butanol and 2 Ethylhexanol (2-EH) to its expanding product line. See informational product videos on each of the products above. To read more, click the product name.
 

Upcoming Tradeshows & Events

PLASTEC New England

May 3-4, 2017
Boston, MA

PLASTEC New England is a comprehensive industry showcase for the latest equipment, products, and services from national and international exhibitors related to the plastic industry. The conference is a forum for industry professionals to collaborate, share knowledge, and improve business relations in the industry.  

APIC 2017
May 18-19, 2017
Sapporo, Hokkaido, Japan

The 2017 Asia Petrochemical Industry Conference focuses on major industry issues happening across Asia and around the globe.
The 2017 conference theme is, “The Promise of Carbon Chemistry: Pathway to a Sustainable Future.”

Want to schedule a meeting?

What’s Happening at TCC?

Congratulations to our Captain’s Choice Recipients!

The TCC Captain’s Choice Award is a special recognition of outstanding performance in the workforce. At the end of each quarter, our staff votes for two employees who have exceeded expectations in sales and customer service.

Josh Savory, Logistics Coordinator – Josh Savory grew up in North Kingstown, RI and graduated from the University of Rhode Island in 2012. Today, Josh is the logistics manager for TCC. He oversees warehousing, repackaging, loading, and shipping, as well as the inventory for the local warehouse. Outside of work, Josh takes the time to enjoy and take in the landscapes that RI has to offer. Fishing, biking, kayaking and spending time at the beach are among his favorite pastimes. 

Tom Ultsch, V.P. Midwest Market – Tom Ultsch resides just outside of Pittsburgh, PA and has been with TCC for the better part of seven years. Today, Tom oversees the Midwest market for The Chemical Company and travels the country to connect with business partners and grow new business in the area.

Chemical Educational Foundation

Rhode Island State Challenge Sponsor & President’s Club Member

 The Chemical Company has partnered with The Chemical Educational Foundation (CEF). CEF organizes the annual You Be The Chemist Challenge®, a nationwide, interactive academic contest that encourages students in grades 5-8 to explore chemistry concepts and their real-world applications.
TCC is proud to be the Rhode Island State Challenge Sponsor, as well as a CEF President’s Club Member. For more information, click the logo to view the RI State Challenge.

 

The Chemical Company

30 Second Commercial Spot: “What Is Chemistry?”

Media Contact: Ben Sawicki
Marketing Coordinator
The Chemical Company
bsawicki@thechemco.com
401.360.2872

The View: Best Of October

What’s Happening At TCC?

K-Show – Guten Tag!kshow-booth2016

For the first time ever, TCC hosted an exhibit at the K-Show in Dusseldorf, Germany. Over 230,000 visitors with ties to the rubber and plastics industry navigated the halls of the Messe Dusseldorf. Our international sales team valued face-to-face interactions with customers and suppliers from around the world and enjoyed the hospitality offered at the U.S. Pavilion Exhibitors lounge. In their spare time, our team explored the city sights, especially the promenade along the Rhine River. 

 


TCC Recently Sponsored Project Scientist’s Charlotte Excursion

“It was an eye-opening day to see such enthusiasm from children as young as five-years-old asking women on the trading floor about their experiences” reflected Jessica Baker, TCC Marketing Manager. “Project Scientist’s emphasis on molding a better future for the next generation is precisely the passion that fueled our team at TCC to start our Love Chemistry campaign.”


The Annual Colorado Hunt

Our crew of customers, employees, and suppliers headed to Colorado this October to enjoy a week outdoors. It was a record-breaking year for the crew as they brought home the largest amount of game in the trip’s history, which will feed many families in the months to come. The week was filled with comradery, early mornings, and plenty of camouflage.


New Videos

skatefest-video-play-ccvideo-play_customer-service


Welcome Jill Goldstein, Our New Customer Service Team Member

Jjill_goldill is responsible for a variety of products at TCC, including urea, melafine, and Nature Flexx 509. Since graduating from college, Jill spent eight years with the Town of Jamestown implementing recreational programs and hosting events for the youth and adults of her hometown. She has lived in Jamestown since she was 13, and currently lives on the island with her six-year-old son, Dylan. She enjoys running, watching the Red sox and Patriots, and Sundays with her family. Jill decided to join the TCC team to make a change that advanced her career. The fact that TCC headquarters is in her hometown was a fortuitous perk. 


 

Several New Additions To The TCC Family: Ray Altenburger, VP Of Business Development celebrated many milestones this summer with his family.

Erin Altenburger married Luke Forster, originally from Australia. Eileen (Altenburger) Gerbay, married to Remy Gerbay and
living in London, are now the proud parents of
Ray’s new grandson, Louis August Gerbay, born on the 4th of July.
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