July 15, 2022 Acetone and Isopropyl Alcohol, two major commodity solvents, are softening due to market shifts with feedstock propylene. A by-product of crude oil and natural gas refining, propylene is experiencing both an increase in supply and simultaneously a decrease in demand. Propylene can be derived from various intermediates, such as ethane, butane, or […]
Plugging the Gap: Crude, Chemicals, and the Ukraine Conflict
March 30, 2022 The conflict in Ukraine is heavily impacting both oil and downstream chemicals. Here is the current situation and outlook, plus all of the chemical increase announcements we’ve seen so far. Crude Oil (situation/outlook): Russia, one of the top three oil producers in the world, has been supplying about 10% of the global […]
Hurricane Ida Another Setback for Supply Chains, But…
September 16, 2021 …On a positive note, Ida was less devastating than the winter storms Uri & Viola last February. (When supply chains have as many problems as they’ve had this year, yeah, we’re looking for the bright side!!) It’s been a rough year for supply chains. Most recently, Hurricane Ida, a dangerous and major […]
Polar Storms Paralyze Chemicals
February 19, 2021 MANY chemicals have been severely affected by the winter storms Uri and Viola that rocked the Gulf Coast region this week, including Propylene Oxide, Propylene Glycol, Hydrocarbons, Acetone, Isopropyl Alcohol, P-series Glycol Ethers, E-series Glycol Ethers, Chlorine, Caustic Soda, and Hydrochloric Acid, to name a few. The weather crisis has caused dozens […]
Rising Propylene Shifts Market for IPA, Other Chemicals
February 10, 2021 The US Isopropyl Alcohol market has been a sideshow of its own against the backdrop of the COVID-19 pandemic. Commonly used for sanitization, IPA’s initial extraordinary price leap left market players staggered. Then, just as suddenly, a dramatic slide as the need was met, that brought pricing nearly back to pre-pandemic levels. […]
Wholesale IPA Prices Soften Dramatically
June 4, 2020 Notice to Isopropyl Alcohol Customers: In an ongoing effort to keep our customers informed, we are pleased to share that wholesale prices for Isopropyl Alcohol 99% have steadily softened over the past few weeks and recent supply/demand changes have only increased the rate of change. While we are making every effort to […]
COVID-19’s Impact On Chemical Supply Chains
April 8, 2020 The global COVID-19 pandemic has resulted in significant impact on chemical supply chains. Here we take a look at some of the chemicals that have been affected: Isopropyl Alcohol (Isopropanol) Sanitization products such as Isopropyl Alcohol have experienced skyrocketing demand. Unfortunately, manufacturers are simultaneously dealing with problems that are preventing them from […]
UPDATE: ITC Deer Park Terminal Resumes Operations
June 6, 2019 A fire at the ITC Deer Park terminal in mid-March affected both supply and price of several commodity chemicals. Following a weeks-long cleanup process, in which over 20 million gallons of oily water were removed from the water and tank farm, the docks at ITC were approved for use in the first […]
IPA On Hold While Houston Cleans Up
April 30, 2019 A massive clean-up of the Houston Ship Channel has been underway since the fire event last month at the ITC – Deer Park terminal. The Intercontinental Terminals Company is a major storage facility for petrochemicals, located on the Houston Ship Channel. Since the fire, waterways have resumed normal operations. However, according to […]
