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Showing research about Materials - Chemicals

20200922-brexit-eu-seasonal

Brexit Watch: Customs expedience now jeopardizes trade deals later

The latest round of negotiations between the EU and U.K. to formulate a new trade and customs arrangement for 2021 and beyond has once again failed to make significant progress. The EU is “intensifying its preparedness work to be ready for all scenarios” including a no-deal scenario should agr... Read more →

20200818-kuraray-corp

Kuraray sees COVID-19 drag into 2021 as PVA shipments surge

Specialty chemicals maker Kuraray reported an 8.8% drop in Q2 revenues. It expects an 11.4% slide in the full year due to disruptions linked to COVID-19 with “ongoing stagnation in demand in the third quarter and beyond” while “effects will last into 2021 and beyond”. U.S. seaborne imports lin... Read more →

20200722-fertilizer-macro

Koch, Eurochem may be exposed to new fertilizer dumping probe

The U.S. government is starting a probe into fertilizer subsidies provided by Morocco and Russia. U.S. seaborne imports from the two countries increased by 26.3% year over year in Q2’20, while imports from USMCA countries and others fell by 38.4% and 31.9% respectively. That growth may have be... Read more →

20200717-brexit-macro

Brexit Watch: Hoping for a deal, preparing for the worst

The British government has issued advice to companies on handling customs and trade arrangements with the EU once current arrangements end from the start of 2021. There’s also significant new investments in customs facilities to be made, likely to handle the event that there are no new prefere... Read more →

20200423-sika-origins

Sika seeks opportunities as COVID-19 raises inventory risks

Specialty chemical firm Sika reported a decline in revenues on an organic basis in Q1 “due to the coronavirus” according to CEO Paul Schuler. In terms of U.S. sales decline “was seen towards the end of March” though there are “opportunities in this challenging environment”. U.S. seaborne impor... Read more →

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