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Chemicals & Energy: Page 131

With Heightened Production, New Terminals Coming Online, U.S. to Become One of the Largest LNG Exporters

The United States is on track to saturate the global energy market with liquefied natural gas (LNG) exports by as early as this year, putting itself on course to become one of the world's largest LNG suppliers.

Sales of Trucks Powered by Natural Gas in Slow Lane

Truckers are ordering new equipment in record numbers, but are not turning to natural-gas-fueled trucks as fast as had been projected two years ago, according to a report from ACT Research.

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Two Cases Illustrate How to Make Supply Chain More Agile

What would it take for manufacturing businesses to operate like the best online retailers? How can such companies turn orders around in a day, deliver them with greater customization, and replenish stocks seamlessly? These aren't idle questions for the top teams of manufacturers, because customers, across both B2C and B2B markets, are more fickle now; service demands are steadily notching upward; and economic volatility shows no sign of abating. Supply operations often struggle to keep pace, as many aren't sufficiently agile to capture fleeting upside opportunities or to mitigate fast-moving risks.

As Auto Industry Takes Off, Chemicals Sector Hitches Ridev

Since 2009, global production has increased by about 25 million units, according to KPMG, and estimates put the current revenue for the auto industry at more than $2tr. Many analysts estimate that about 4 to 5 million new cars and light trucks will be in use each year in the near future. This isn't just good news for automakers - chemical manufacturers will also see a boost because of how the two industries are linked.

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Good Growth Predicted for Chemical Industry Throughout 2015

The recovery momentum for the chemical industry is expected to continue this year, backed by a strengthening U.S. economy, strength in the automotive space, healthy demand in emerging geographies and gradually convalescing construction markets.

Market for Energy Management Systems in Healthcare Industry to Top $2Bn by 2024, Report Says

Rising healthcare costs, competitive industry pressures, and concerns over stable power supplies in the face of recent severe natural disasters have generated a new and concentrated focus on the ways in which healthcare facilities procure, use and manage energy, according to a report from Navigant Research. These forces are driving governments and organizations to adopt new technologies to monitor and control energy use in in healthcare facilities. Global healthcare facility energy management system revenue is expected to grow from $948.8m annually in 2015 to $2.2bn in 2024.

Overcome the Depressed Market with Procurement Strategies

Adoption of IoE by Oil & Gas Industry Could Fuel GDP Increase of Up to 0.8 Percent, or $816Bn, Over 10 Years

Worldwide oil production is outpacing demand, and oil prices have fallen by more than 50 percent since June 2014. Many factors - including soft demand, increasing U.S. production and diminishing storage for crude oil - suggest that the days of $100-a-barrel oil may not return. This scenario presents potentially disastrous consequences for oil and gas (O&G) firms that are not prepared to accelerate their digital transformation. Innovative oil and gas firms, however, believe today's turbulent market landscape provides an opportunity to grab competitive advantage by harnessing new technologies, such as the Internet of Everything.

The Importance of Enterprise Asset Management

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Internet of Things in Energy & Utilities Verticals

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Many Chemical Giants to Boost R&D Investment This Year, Hold Back on Capital Spending

Some of the chemical industry's biggest companies plan to increase research investment this year, but they are holding back on capital spending.

'Project Passport' Designed to Improve Food Packaging Compliance Communication in Supply Chain

Project Passport, launched by SPI: The Plastics Industry Trade Association, is intended to provide companies in the food packaging supply chain with a suite of communication tools and educational resources to help convey relevant information about their products to ensure compliance and address the concerns of consumers and customers.

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