|By PR Newswire||
|December 20, 2013 07:00 AM EST||
LONDON, December 20, 2013 /PRNewswire/ --
According to the latest report from Transport Intelligence, Global Chemical Logistics 2013, the chemical industry is undergoing huge change. Some of this change is driven by well-established trends such as the growth of the Chinese economy or other emerging markets. Other aspects are more recent, such as the effects of shale-gas production in the US. Both are remaking the structure of the chemical sector and the logistics capabilities that support it.
20 years ago the wave of 'globalisation' gradually shifted chemical production away from locations within single economies, towards very large continental clusters such as Antwerp or Singapore. Now these clusters no-longer just serve their hinterland but compete with one another, selling not into a single region but on a global scale. The largest example of this is the Middle-East, where both Saudi Arabia and the Gulf Emirates are selling their expanding production into all of the major markets; Europe, North America and Asia. Yet a region which appeared ready to lead the world has been challenged from an unexpected source. The bonanza of shale oil in the US and Canada has transformed the prospects for the American chemical sector. What was previously an industry in gentle decline now has the prospect of becoming a major exporter to global markets such as China, whilst the powerful export machine along the Rhine is threatened by higher energy costs.
The implications for the chemical logistics sector are fundamental. It has increased its profile as chemical producers rely on it to access global rather than local markets.
The big beneficiaries of this change over the past couple of years have been those logistics providers capable of adapting to such shifts in global trade. In the vanguard of this are the marine bulk storage providers led by Vopak, alongside the tank container operators capable of flexing their business model to an intercontinental reach. The chemical tanker sector has exhibited more discipline than most shipping markets but it can hardly be described as booming. Chemical terminal and businesses are more prone to fast changes in chemical trade flows but the long term trends offer opportunities for those in the right location. For those in the wrong location the threats can be serious. The comparative cost of energy as well as economies of scale in logistics threaten the existence of many smaller and medium-sized production locations, particularly if they are linked to older oil and gas fields.
Logistics for downstream product is possibly changing at a slower rate simply because the nature of customer demand is changing more slowly. The huge expansion in demand in China is the most salient trend. However, other regions, such as India, parts of South America, South East Asia, Eastern Europe and Turkey, have a large appetite for downstream chemical logistics development. In addition the downstream ambitions of the Middle-Eastern producers require considerable support.
Even in developed markets, changing patterns of chemical trade are affecting how downstream logistics operates, with globalised flow of product enhancing the desirability of globalised logistics solutions.
The market for chemical logistics worldwide is likely to grow in-line with the expansion of the chemical sector generally, that is in low single digit percentages in the region of 3%. That said, within that range different sectors will see wide variation with European providers threatened in the short-term, whilst LSPs in North America may experience something like boom conditions. However extrapolating from short-term trends is difficult and dangerous. The chemical sector offers real opportunities to logistics providers but success will only come to those who not only identify new opportunities but also put themselves in a position to exploit them.
Notes to Editors
About Global Chemical Logistics 2013
Global Chemical Logistics 2013 provides comprehensive commentary and analysis of the global chemical logistics industry including market sizing, forecasts, company profiles and geographical breakdown.
About Transport Intelligence
Transport Intelligence (Ti) is one of the world's leading providers of expert research and analysis dedicated to the global logistics industry. Utilising the expertise of professionals with many years experience in the mail, express and logistics industry, Ti has developed a range of market leading web-based products, reports, profiles and services used by all the world's leading logistics suppliers, consultancies and banks as well as many users of logistics services.
Mike Nordmann, Business Development Director: [email protected]
Log data provides the most granular view into what is happening across your systems, applications, and end users. Logs can show you where the issues are in real-time, and provide a historical trending view over time. Logs give you the whole picture. Logentries, a log management and analytics service built for the cloud, has announced a new integration with Slack, the team communication platform, to enable real-time system and application monitoring. Users of both services can now receive real-...
Jan. 29, 2015 11:45 PM EST Reads: 684
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's large...
Jan. 29, 2015 10:00 PM EST Reads: 3,660
At 15th Cloud Expo, Shrikant Pattathil, Executive Vice President at Harbinger Systems, demos a video delivery platform that helps you do interactive videos. He discusses how Harbinger is accomplishing it in the cloud world, the problems they faced and the choices they made to get around these problems.
Jan. 29, 2015 09:15 PM EST Reads: 1,554
“Will Jaya is a direct source for server integration and storage solutions. If you are looking for any specific configurations for a project we can help you configure based on your needs and requirements," explained Netty Goya, CEO of Will Jaya, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 29, 2015 08:30 PM EST Reads: 1,617
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 29, 2015 07:00 PM EST Reads: 2,492
“The year of the cloud – we have no idea when it's really happening but we think it's happening now. For those technology providers like Zentera that are helping enterprises move to the cloud - it's been fun to watch," noted Mike Loftus, VP Product Management and Marketing at Zentera Systems, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 29, 2015 07:00 PM EST Reads: 2,240
IoT is still a vague buzzword for many people. In his session at @ThingsExpo, Mike Kavis, Vice President & Principal Cloud Architect at Cloud Technology Partners, discussed the business value of IoT that goes far beyond the general public's perception that IoT is all about wearables and home consumer services. He also discussed how IoT is perceived by investors and how venture capitalist access this space. Other topics discussed were barriers to success, what is new, what is old, and what th...
Jan. 29, 2015 06:15 PM EST Reads: 4,091
The Internet of Things (IoT) is rapidly in the process of breaking from its heretofore relatively obscure enterprise applications (such as plant floor control and supply chain management) and going mainstream into the consumer space. More and more creative folks are interconnecting everyday products such as household items, mobile devices, appliances and cars, and unleashing new and imaginative scenarios. We are seeing a lot of excitement around applications in home automation, personal fitness,...
Jan. 29, 2015 06:00 PM EST Reads: 3,031
Dale Kim is the Director of Industry Solutions at MapR. His background includes a variety of technical and management roles at information technology companies. While his experience includes work with relational databases, much of his career pertains to non-relational data in the areas of search, content management, and NoSQL, and includes senior roles in technical marketing, sales engineering, and support engineering. Dale holds an MBA from Santa Clara University, and a BA in Computer Science f...
Jan. 29, 2015 06:00 PM EST Reads: 3,278
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity.
Jan. 29, 2015 05:00 PM EST Reads: 4,079
Entuity®, a provider of enterprise-class network management solutions, today announced that it solidifies its position as a market leader through global enterprise customer acquisitions and a refined channel strategy. In 2014, Entuity increased new license revenues in EMEA by over 75 percent, and LATAM by over 125 percent as customers embraced Entuity for its highly automated solution and unified architecture. Entuity’s refined channel strategy focuses on even deeper strategic alignment with ke...
Jan. 29, 2015 05:00 PM EST Reads: 512
The 3rd International Internet of @ThingsExpo, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that its Call for Papers is now open. The Internet of Things (IoT) is the biggest idea since the creation of the Worldwide Web more than 20 years ago.
Jan. 29, 2015 03:30 PM EST Reads: 3,059
Cloud Technology Partners on Wednesday announced it has been recognized by the Modern Infrastructure Impact Awards as one of the Best Amazon Web Services (AWS) Consulting Partners. Selected by the editors of TechTarget's SearchDataCenter.com, and by votes from customers and strategic channel partners, the companies acknowledged by the Modern Infrastructure Impact Awards represent the top providers of cloud consulting services for AWS including application migration, application development, inf...
Jan. 29, 2015 03:00 PM EST Reads: 1,476
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 29, 2015 02:45 PM EST Reads: 2,483
"People are a lot more knowledgeable about APIs now. There are two types of people who work with APIs - IT people who want to use APIs for something internal and the product managers who want to do something outside APIs for people to connect to them," explained Roberto Medrano, Executive Vice President at SOA Software, in this SYS-CON.tv interview at Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 29, 2015 02:30 PM EST Reads: 2,620