Chemical Distributors Descend on Capitol Hill to Urge Regulatory Certainty for U.S. Businesses

(ARLINGTON, VA) Members of the National Association of Chemical Distributors (NACD) are headed to Capitol Hill on May 17 to encourage Congress to reform the regulatory process and provide chemical distributors and other U.S. businesses the regulatory certainty needed to continue as economic engines and job creators. They will also highlight a glitch in the 2016 appropriations bill that could revert the 34-hour restart provision for truckers to rules used more than a decade ago, significantly impacting U.S. commerce.


“NACD members represent businesses of all sizes in all 50 states delivering the chemicals that are the building blocks of our modern world, generating roughly $30 billion in economic output,” said NACD President Eric R. Byer. “The opportunity for our member companies to personally discuss the issues that impact them with their members of Congress is essential.”


During the 2016 Washington Fly-In, more than 90 members will meet with numerous congressional offices as well as with officials from the U.S. Customs and Border Protection, the Federal Motor Carrier Safety Administration, and the Office of U.S. Trade Representatives. Attendees will also encourage more members of the U.S. House of Representatives to join the Congressional Chemistry Caucus recently established by Reps. John Moolenaar (R-MI) and Dan Lipinski (D-IL).


This year, NACD celebrates the 25th anniversary of Responsible Distribution, a mandatory, third-party-verified program that establishes a proven framework for the health, safety, environment and security aspects of chemical distribution. As the association celebrates this important milestone, member companies will also convey to their lawmakers the positive impact this program has made over the last quarter-century to keep their employees and surrounding communities safe.


“Our members have proven that they are responsible partners to their suppliers, customers and communities through their participation in Responsible Distribution,” said Byer. “Now, we need to ensure that stakeholders have the ability to provide input on changes to longstanding regulations, and that regulatory actions serve to foster growth and allow businesses to continue providing good paying, locally-focused jobs.”

 

View the original press release here: http://www.nacd.com/media/news/press-release-archive-listing/pr-051716a/ 

North America Continues to Dominate Microspheres Market

 

Posted April 22, 2016 on http://www.ceramicindustry.com

Click here to view article from original source.

 

The global microspheres market is expected to reach $5.52 billion by 2020, growing at a compound annual growth rate (CAGR) of 10.5%, according to a recent report from Technavio. North America is the biggest market for microspheres, as the materials offer better process control and enhance the efficiency of operations. The U.S. is the top consumer of all types of microspheres products in North America. Though the market in North America is significant, it is still growing at a good pace because of the increase in demand of current and emerging applications such as construction composites, biotechnology, and medicine.


“North America accounts for about 43% of the global microspheres market,” said Chandrakumar Badala Jaganathan, lead analyst. “Construction composites hold the majority of the share in the North American microspheres market while the medical technology markets have been experiencing maximum growth.”


Europe accounted for about 29% of the global microspheres market in 2015. The microspheres market in Europe generated revenues of $970 million in 2015 and will likely reach $1.58 billion by 2020. 


The major applications of microspheres in Europe are in the manufacturing and medical industry. Germany is the leading country for microsphere consumption in Europe. The microspheres market in Russia is anticipated to experience high growth during the forecast period. 


The microspheres market is experiencing a boom, especially in India and other emerging economies in the Asia-Pacific market, due to massive spending on infrastructure and the flourishing manufacturing industry. The high demand is primarily for the development and modernization of infrastructure and in existing and emerging applications in the construction sectors. Technavio expects the demand from manufacturing and medical industries for microspheres in the emerging economies in Asia-Pacific to bode well for the market. Australia, China and India are the major revenue contributors to the market in APAC. 


The microspheres market is in its infancy stage in Central and South America. This region is experiencing high growth due to increased infrastructure spending and low base effect. Central and South America offer significant prospects for manufacturers establishing their manufacturing bases and sales offices because of the regions’ flourishing oil and gas industries. 


“Construction composites hold the majority of the share in the microspheres market in Africa, Central and South America, and the Middle East, while the medical technology markets have been experiencing maximum growth,” said Jaganathan. 


For more information, visit www.technavio.com