|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]
"Matrix is an ambitious open standard and implementation that's set up to break down the fragmentation problems that exist in IP messaging and VoIP communication," explained John Woolf, Technical Evangelist at Matrix, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 27, 2014 07:45 PM EST Reads: 2,037
P2P RTC will impact the landscape of communications, shifting from traditional telephony style communications models to OTT (Over-The-Top) cloud assisted & PaaS (Platform as a Service) communication services. The P2P shift will impact many areas of our lives, from mobile communication, human interactive web services, RTC and telephony infrastructure, user federation, security and privacy implications, business costs, and scalability. In his session at @ThingsExpo, Robin Raymond, Chief Architect...
Dec. 27, 2014 07:00 PM EST Reads: 2,247
What do a firewall and a fortress have in common? They are no longer strong enough to protect the valuables housed inside. Like the walls of an old fortress, the cracks in the firewall are allowing the bad guys to slip in - unannounced and unnoticed. By the time these thieves get in, the damage is already done and the network is already compromised. Intellectual property is easily slipped out the back door leaving no trace of forced entry. If we want to reign in on these cybercriminals, it's hig...
Dec. 27, 2014 04:00 PM EST Reads: 1,903
We are reaching the end of the beginning with WebRTC, and real systems using this technology have begun to appear. One challenge that faces every WebRTC deployment (in some form or another) is identity management. For example, if you have an existing service – possibly built on a variety of different PaaS/SaaS offerings – and you want to add real-time communications you are faced with a challenge relating to user management, authentication, authorization, and validation. Service providers will w...
Dec. 27, 2014 02:00 PM EST Reads: 1,993
"ElasticBox is an enterprise company that makes it very easy for developers and IT ops to collaborate to develop, build and deploy applications on any cloud - private, public or hybrid," stated Monish Sharma, VP of Customer Success at ElasticBox, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 27, 2014 01:30 PM EST Reads: 1,866
The term culture has had a polarizing effect among DevOps supporters. Some propose that culture change is critical for success with DevOps, but are remiss to define culture. Some talk about a DevOps culture but then reference activities that could lead to culture change and there are those that talk about culture change as a set of behaviors that need to be adopted by those in IT. There is no question that businesses successful in adopting a DevOps mindset have seen departmental culture change, ...
Dec. 27, 2014 12:45 PM EST Reads: 1,744
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at Internet of @ThingsExpo, James Kirkland, Chief Ar...
Dec. 27, 2014 12:30 PM EST Reads: 2,482
WebRTC defines no default signaling protocol, causing fragmentation between WebRTC silos. SIP and XMPP provide possibilities, but come with considerable complexity and are not designed for use in a web environment. In his session at @ThingsExpo, Matthew Hodgson, technical co-founder of the Matrix.org, discussed how Matrix is a new non-profit Open Source Project that defines both a new HTTP-based standard for VoIP & IM signaling and provides reference implementations.
Dec. 27, 2014 12:30 PM EST Reads: 1,971
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...
Dec. 27, 2014 12:00 PM EST Reads: 2,715
DevOps Summit 2015 New York, 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 it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 27, 2014 12:00 PM EST Reads: 1,815
The definition of IoT is not new, in fact it’s been around for over a decade. What has changed is the public's awareness that the technology we use on a daily basis has caught up on the vision of an always on, always connected world. If you look into the details of what comprises the IoT, you’ll see that it includes everything from cloud computing, Big Data analytics, “Things,” Web communication, applications, network, storage, etc. It is essentially including everything connected online from ha...
Dec. 27, 2014 12:00 PM EST Reads: 2,397
The security devil is always in the details of the attack: the ones you've endured, the ones you prepare yourself to fend off, and the ones that, you fear, will catch you completely unaware and defenseless. The Internet of Things (IoT) is nothing if not an endless proliferation of details. It's the vision of a world in which continuous Internet connectivity and addressability is embedded into a growing range of human artifacts, into the natural world, and even into our smartphones, appliances, a...
Dec. 27, 2014 11:30 AM EST Reads: 2,554
"SAP had made a big transition into the cloud as we believe it has significant value for our customers, drives innovation and is easy to consume. When you look at the SAP portfolio, SAP HANA is the underlying platform and it powers all of our platforms and all of our analytics," explained Thorsten Leiduck, VP ISVs & Digital Commerce at SAP, 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.
Dec. 27, 2014 11:00 AM EST Reads: 1,970
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.
Dec. 27, 2014 11:00 AM EST Reads: 7,191
SAP is delivering break-through innovation combined with fantastic user experience powered by the market-leading in-memory technology, SAP HANA. In his General Session at 15th Cloud Expo, Thorsten Leiduck, VP ISVs & Digital Commerce, SAP, discussed how SAP and partners provide cloud and hybrid cloud solutions as well as real-time Big Data offerings that help companies of all sizes and industries run better. SAP launched an application challenge to award the most innovative SAP HANA and SAP HANA...
Dec. 27, 2014 11:00 AM EST Reads: 2,162