Articles Tagged with ''feedstocks''

The Russian invasion of Ukraine and its tragic consequences throughout the region have prompted Nynas to reconsider its supplies from Russia and also sales to the country. 

Quick thinking. Open communication. Digital solutions. Streamlined processes. Wide-ranging supply chain issues coupled with the ongoing impact of the COVID-19 pandemic have pushed companies that supply raw materials and chemicals to their limits. But as the old saying goes, necessity is the mother of invention—and players in the adhesives and sealants industry are nothing if not inventive.

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).

Better resistance to UV, abrasion, scratching, and impact. Better adhesion and improved properties for water-based formulation. The demands on today’s coatings, adhesives, sealants, and elastomers (CASE) create a long list of desirable properties for feedstocks.

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.

ExxonMobil recently announced it is reducing its 2020 capital spending by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic.