Michael Rezai

2023 Raw Materials and Chemicals Overview

Chemical companies’ attention has shifted from demand issues to more sustainable practices in an effort to address rising production and transportation costs, greater demand to reduce carbon footprint, diminished profitability, and the push to develop more recyclable products.

Michael Rezai

August 1, 2023

The U.S. chemical industry is undergoing a profound transformation in 2023, embarking on a journey of portfolio refinement, supply chain optimization, and groundbreaking material innovation.

2022 Raw Materials and Chemicals Overview

As COVID recovery continues, manufacturers must strategize and optimize to mitigate ongoing supply chain issues and soaring costs.

Michael Rezai

August 8, 2022

As the world emerges from the impacts of the COVID-19 pandemic, the global economy is seeing some positive indicators for growth, with sustained high demand and increases in new orders for all major subsectors.

2021 Raw Materials and Chemicals Overview

The outlook for industrial demand is expected to improve, notwithstanding inflated raw material costs.

Michael Rezai

July 29, 2021

Not surprisingly, the global economic recovery is continuing more quickly in regions where COVID-19 is under control and vaccinations have been widely rolled out. After an estimated contraction of 3.3% in 2020, the global economy is projected to grow at 6% in 2021, moderating to 4.4% in 2022, according to the International Monetary Fund (IMF).

Strategic Solutions

COVID-19 Impact on Global Shipping and Packaging Dynamics

The continued transition away from brick-and-mortar to ecommerce brings demand for packaging innovations that enable faster delivery and better content protection from shock or temperature variations.

Michael Rezai

May 19, 2021

The shift from brick-and-mortar to digital shopping had been under way for some time when the COVID-19 pandemic hit. Since 2017, ecommerce revenues have risen from an estimated $1.4 trillion to $2.4 trillion, or about 2.7% of global output.

2020 Raw Materials and Chemicals Overview

What repercussions has COVID-19 had on price fluctuations and availability for key raw materials used in the adhesives and sealants industry?

Michael Rezai

November 4, 2020

As a vital industrial link between a turbulent oil and gas market and changing consumer needs, the chemical industry has been tested by the COVID-19 pandemic.