Monday 29 July 2013

Chemical Distributors Grows Worldwide - BCG Reports

News is Entitled as Opportunity for Chemical Distributors Continues to Grow Worldwide First on Yahoo Financial News section (Press Release: The Boston Consulting Group – Mon, Jul 22, 2013 12:01 AM EDT) and finchannel dot com’s Business category on 27/07/2013 10:58 (Where I found it while browsing) New Research by The BCG (Boston Consulting Group) “, the chemical industry is continuing to outsource its distribution to third-party distribution provider.


Between 2008 and 2012, the worldwide chemical distribution market grew approximately 9 percent per year, in nominal terms, to roughly €165 billion. Such growth outpaces the expansion in chemical consumption worldwide, at a nominal 8 percent per year over the same time period, reaching €2,560 billion in 2012, according to the report.

Factor’s:
According to Udo Jung (BCG senior partner and coauthor of the report) Chemical distributors are growing faster than the overall industry due to two Main Reasons:
  • Increased outsourcing among suppliers
  • Greater value-added services offered by distributors.
Both are driven by industry trends, and neither is likely to change for the foreseeable future.
Overall, the chemical industry is large, fragmented, and diverse, with more than 100,000 products across a range of technical categories, including petrochemicals, solvents, polymers, and customized specialty chemicals. The size of the customer base for these products varies widely, as do regional and national requirements and logistical challenges driven by the chemical products themselves. As a result, manufacturers face significant complexity in getting their products to customers, and third-party distributors are increasingly considered a vital element of their go-to-market strategy, according to the report.

Many producers are developing “preferred partnerships” with key distributors—an approach that allows producers to expand into new markets. Among these markets, China is now the largest, worth about €35 billion. Among third-party distributors, Brenntag, Univar, and Nexeo Solutions were the three largest in 2011, with a combined global market share of 12.5 percent, according to BCG.

While third-party distribution has grown, there is still considerable room for expansion, as roughly €165 billion comprises just 10 percent of the overall chemical market. “Going forward,” said Stefan Scholz, a BCG project leader and coauthor of the report, “We expect the real growth rate in the chemical distribution market to slow from 7 percent to a stable 6 percent per year within the next five years, mainly due to a weaker underlying economic situation that will reduce chemical consumption,” he said. In addition, the report notes that distributors will continue integrating along the value chain, in order to provide more value-added services for customers and further reduce complexity for chemical producers.

To succeed in this environment, distributors need to strengthen their competitive position by expanding into new geographic regions and building their segment-specific expertise through acquisitions. Scale counts, and small and mid-sized players will only succeed by adopting a niche strategy and focusing on either a specific local territory or within a narrow band of industry expertise, said the report.

Resource Links : http://finchannel.com/Main_News/Business/128227_Opportunity_for_Chemical_Distributors_Continues_to_Grow_Worldwide/ http://finance.yahoo.com/news/opportunity-chemical-distributors-continues-grow-040100407.html

Thursday 25 July 2013

DL-Methionine - Uses, Benefits & US Manufacturers

DL-Methionine is an amino acid that is naturally found in eggs, cereal grains, sesame seeds, Brazil nuts, fish, meats and some other plant seeds. It is globally produced by using acrolein, methyl mercaptan and hydrocyanic acid (HCN).

Its variants serve multiple purposes in feed and various other industries.

Molecular Formula: C5H11NO2S

Methionine Chemical Structure (amino acid structure of methioine )



Other name :  2-amino-4-(methylthio)butanoic acid.

IUPAC name: Methionine .


Methionine http://en.wikipedia.org/wiki/Methionine is an intermediate in the biosynthesis of cysteine, carnitine, taurine, lecithin, and this amino acid is also used by plants for synthesis of ethylene. The process is known as the Yang Cycle or the methionine cycle.



Uses
 
The supplement, is widely used In

  1. The feed industry to produce food products for a wide range of animals.
  2. It is also used as a supplement to poultry feed.
  3. It is given as a supplement to dogs to reduce the pH of urine.
It is sought globally by establishments engaged in the manufacturing of animal food and nutrition products.


Benefits
 
Various international studies have proven that supplemental DL-Methionine is important for the long term health and lifespan of domesticated animals such as cats and dogs.

Manufacturers and Suppliers Methionine
 
As mentioned above, the amino acid has a growing global demand as the pet feed and nutrition industry is expanding at a rapid pace. Hence, various global chemical brands supply DL-Methionine to the manufacturers dealing in feed industry. Lab Express is an American chemicals firm that supplies supplement to small as well as Fortune 500 companies.For more Info on Product visit site link http://www.labexpress.com/DL-Methionine.php.

In addition to it , the global chemical manufacturers and suppliers also supply following related products;
  • DL-Sulfoximine , Methyl Ester Hydrochloride, Sulfone , FCC.
  • N-2,4-Dinitrophenyl- , N-Benzoyl-, N-CBZ- , N-Phthaloyl
Lab Express has been active in the chemicals business since 1998 and is known for following strict manufacturing and distributing process. It has an extensive catalogue of 20,000 fine chemicals and intermediates. Visit http://www.labexpress.com/methionine-p-32686.html to place your DL-Methionine order.

Inorganic Chemical Manufacturing US Industry - IBISWorld Report Updated

A News Published with Pr Web on July 25, 2013 (Los Angeles, CA (PRWEB) ) about updates in IBISWorld Report , IBISWorld has updated a report on the Inorganic Chemical Manufacturing industry in its growing industry report collection.

The Inorganic Chemical Manufacturing industry exhibited volatile growth over the past five years, but revenue growth will be stronger over the next five years, led by improved demand for chlorine and carbon black. For these reasons, industry research firm IBISWorld has updated a report on the Inorganic Chemical Manufacturing industry in its growing industry report collection.

According to IBISWorld Industry analyst Radia Amari, “the weakened dollar also fueled export growth over the past five years”. In the five years to 2013, IBISWorld expects revenue to increase an average 1.1% per year to $37.3 billion. In 2013, revenue is expected to grow 1.9% as the economy recovers. In 2009, demand from manufacturing fell as the economy collapsed. Consequently, industry revenue fell during that year also. The manufacturing sector recovered in 2010, boosting demand for inorganic chemicals.
In the five years to 2018, the industry will expand, led by improved demand for chlorine and carbon black. Carbon black is used in tire and rubber manufacturing, which will grow strongly over the next five years with the automobile sector's recovery. Chlorine is used in nearly all manufacturing industries, especially in other chemical manufacturing industries. “Demand for chemical manufacturing is anticipated to strongly increase from 2013 to 2018, fueling revenue growth”, says Amari. Furthermore, despite an increasing trade-weighted index, exports will continue to grow strongly, similar to the previous five years. The recovering global economy will demand more chemicals for manufacturing and construction.

In 2013, the Inorganic Chemical Manufacturing industry exhibits a low level of market share concentration. Typically, industry firms specialize in a few specific products, limiting the overall market share each firm can control. During the recession, some firms consolidated to increase production capacity and improve operating efficiency. Firms have also merged to jointly pursue new technology and products, such as more energy efficient machinery and chemicals. Also, firms previously experiencing stagnation due to high energy costs have been given new life due to low natural gas prices in the United States. Falling natural gas prices boosted the profitability of many firms, making them more attractive acquisition targets. As a result, market share concentration has steadily increased over the past five years. The largest companies in the industry are E. I. du Pont de Nemours, and the Dow Chemical Company.

For more information, visit IBISWorld’s Inorganic Chemical Manufacturing in the US industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

Resource: http://www.prweb.com/releases/2013/7/prweb10958221.htm

Monday 15 July 2013

PR Newswire , Top 100 Chemical Suppliers - ICIS Chemical Business magazine

We owe special thanks to the major chemical distributor associations that made this worldwide listing possible - the US-based National Association of Chemical Distributors (NACD) http://www.nacd.com, the European Association of Chemical Distributors (FECC) http://www.fecc.org, Associquim (Brazilian Association of Chemical and Petrochemical Distributors) http://www.associquim.org.br, and the Canadian Association of Chemical Distributors (CACD) http://www.cacd.ca," Chang added.

Best 100 Chemicals Suppliers


The listing also goes beyond the Top 100 companies by sales. This year we provide details on 213 chemical distributors around the world.A new feature this year includes data on sales from trading activities as opposed to traditional distribution.

Topping the charts once again is Germany-based Brenntag, with $12.8bn in sales, followed by US-based Univar with $10.3bn in revenues. Germany-based Helm takes the third spot at around $7bn in sales with US-based Nexeo Solutions in fourth with sales of $4.1bn.

Currency conversions to US dollars for the ranking were based on year-end 2012 exchange rates.

Available For Download(PDF) at http://www.icis.com/pages/icis-top-100-chemical-distributors.

The ICIS Top 100 Chemical Distributors is a global ranking based on total sales. Separately, it also lists leaders in key geographies such as North America, Europe, Asia, Latin America and Middle East & Africa based on sales in those regions.

ICIS Chemical Business ICIS Chemical Business is the leading global weekly magazine focusing on bulk commodity chemical and polymer markets. Our global team of reporters provides readers with a trusted executive summary of the key developments in the chemical markets. This includes price movements, and the factors impacting these trends in the short and long term. Get a complete perspective of the chemical markets - all in one magazine. Find out more at http://www.icis.com/about/icis-chemical-business-magazine

Resource : NEW YORK and LONDON, July 15, 2013 /PRNewswire/ http://www.prnewswire.com/news-releases/presenting-the-icis-top-100-chemical-distributors-215476791.html