Shipping Crisis Developing in China

covid supply chain - The Chemical Company

An article published by CNBC states that another shipping crisis is on the horizon. The Chinese province of Guangdong observed a sudden increase in Covid-19 cases, thus causing entire districts to shut down as they quarantine in attempts to combat the second outbreak. A major shipping hub, Guangdong accounts for approximately 24% of China’s total […]

Chemical Industry News – June

The Chemical Company regularly imports chemicals from around the world. When doing so there are numerous regulations that must be adhered to in each country. So prior to any import we have to do the research to assure that we are in compliance with all regulations.

Economy Shrinks for the First Time in Three Years

  GDP contracts 1 percent For the first time in three years, the economy contracted in the first quarter due to a harsh winter according to a Reuter newswire report. However, economists say that it is rebounding and shows promise of 4 percent growth in the April-June quarter. Last Thursday the Commerce Department slashed its […]

Liquefied Petroleum Gas (LPG)—U.S. Supplies China

If the pump jacks and wells seen operating in an oil field near McKittrick, California are any indication, the Monterey Shale formation is on the verge of a boom using hydraulic fracturing, or fracking to extract gas and oil. Sinopec & Pillips Deal Huge finds of shale oil and gas in the U.S. resulted in […]