January 27, 2014 1:00 am
This was a light week for economic reports and those that were released were positive. The Conference Board’s index of leading economic indicators (LEI) also advanced, suggesting continued forward momentum into mid-year. The Survey of Economic Forecasters shows growing momentum into 2014 with upgrades to the outlook for several key economic indicators. These gains will improve even more in 2015.
January 27, 2014 1:00 am
According to the American Chemistry Council, the U.S. Chemical Production Regional Index rose by 0.8 percent in December, following a 0.3 percent gain in November. This gain was driven by increases in the Gulf Coast and Ohio Valley regions. For the second consecutive month, production increased in all seven regions of the U.S. during December.
January 24, 2014 4:42 pm
Mergermarket has released its 2013 Global M&A roundup report for the Energy, Mining and Utilities Sector.
January 24, 2014 1:00 am
If a natural disaster hit your business, would you be prepared? How would you recover from the damage to your infrastructure? Unfortunately, Complex Chemical Co., Inc. had to learn the real-life answers to these questions when a powerful EF-3 tornado hit its chemical processing plant in Tallulah, Louisiana.
January 17, 2014 4:28 pm
The economic reports this week were positive. Business inventories continued to pile up towards the end of the year, U.S. industrial production experienced its fifth consecutive increase in December and the 4th quarter ended on a very strong note. Moreover, both regional manufacturing surveys were positive, suggesting the gains continued into January.
January 10, 2014 11:46 am
Today, manufacturers face unprecedented challenges across the industries. While these challenges manifest as a variety of specific operational factors depending on company size, industry, and location, the initial steps to improvement involve instilling a mindset of continuous improvement across the organization and working to optimize key resources—people, processes, and technology—to achieve a model of Operational Excellence.
February 7, 2014 4:28 am
Business levels for manufacturers and suppliers of primary plastics machinery (injection molding, extrusion, blow molding, and thermoforming equipment) improved smartly in the third quarter of 2013. According to statistics compiled and reported by the Committee on Equipment Statistics of the Society of the Plastics Industry, shipments of primary plastics equipment for reporting companies totaled an estimated $3276 million in Q3.
February 6, 2014 1:00 am
Whether it’s for internal comparisons, or for measuring the effectiveness of a company against close competitors, benchmarking is a vital continuous improvement tool. And although it’s safe to say that the average executive understands the benefits of benchmarking performance, that doesn’t necessarily mean his or her company has ever participated in such an initiative.
February 5, 2014 1:00 am
Regulatory changes, raw material volatility and supply chain fluctuations continue to dominate product development and resource planning for the chemical processing marketplace. Few know these dynamics as well as Don Mahoney, global head of SAP’s Chemicals Industry Business Solutions, who shares some insights on trends impacting the marketplace.
February 5, 2014 11:59 am
Economic activity in the manufacturing sector expanded in January for the eighth consecutive month, and the overall economy grew for the 56th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.