In a recent investor call, Nutrien reported that its Ag Solutions Digital Hub exceeded its annual target of $500 million in sales by achieving $700 million in just six months. Buoyed by this success, the company is investing more than $50 million annually on digital initiatives in North America and soon beyond. Even so, Wall…
Chemical companies, similar to a broad range of corporate sectors, are under pressure from investors and consumers to improve Environment, Social, and Governance (ESG) practices across their entire value chain. Chemical companies are particularly being held accountable for sourcing raw materials responsibly as well as improving the recyclability of products produced by downstream industries. Due…
The automotive industry in China has been the largest in the world measured by automobile unit production since 2008. After more than 30 years of rapid and continuous growth, auto manufacturers are staring at a new reality in which passenger car sales are on the decline and market fundamentals are shifting from the sale of internal combustion engine cars…
ADI Chemical Market Resources sees the ongoing pandemic and the commodity price crash impacting the petrochemical industry in several ways including the following: Demand disruptions from the broad economic collapse, Feedstock volatility and margin pressures, Feedstock supply and product demand imbalances Declining sales volumes Significant capital spending cuts Shift to lower feedstock volatility via crude-to-chemicals…
Hot Melt Adhesives – growing demand for polyolefin elastomer-based HMAs Hot melt adhesives (HMAs) are 100% solid thermoplastic polymer-based formulations. They are typically are applied hot at their softening temperature and allowed to solidify by cooling to room temperature to provide necessary adhesion between two different materials. Once applied and brought in contact with the…