U.S. Chemicals: The Luster Returns
January 8, 2015
Production should grow moderately in 2015 and for the next several years.
After a promising start, the global economy faltered in 2014 because of heightened geopolitical uncertainty, recessions in Brazil, Japan and many European nations, as well as slowdowns in China, some countries in the European Union and elsewhere. So, the manufacturing sector, which represents the primary customer base for chemicals, entered a soft period in 2014, with particular weakness in Europe and East Asia. However, the global industrial cycle is beginning to turn upwards, led by the United States, the United Kingdom and other nations. Moreover, both supportive monetary policy around the world and virtually non-existent inflationary pressures bolster the trend.
In the United States, the economy is growing but below its potential as high taxes, debt and regulatory burdens still take a toll on both business and consumer confidence. As a result, businesses have been cautious and will slow capital spending in 2015. Furthermore, overseas weakness and a higher dollar dampen U.S. exports. With household deleveraging over, further improvements in the employment situation, lower oil prices fostering discretionary income and asset prices moving higher are prompting consumers to start to spend again. To read more, visit Chemical Processing for more details.
Putman Media Announces Smart Industry Conference and Expo in 2015
December 1, 2014
The Industrial Internet Consortium (IIC) to provide content and show floor demonstrations at the inaugural event
11/12/2014, Framingham, Massachusetts
The inaugural Smart Industry Conference & Expo is scheduled to take place at the Radisson Blu Hotel on October 6-8, 2015 in Chicago, Illinois. The first of its kind, Smart Industry will offer a three-day event that will focus on the change in processes and technologies, as the ‘Internet of Things’ continues to penetrate the industrial space.
“The emerging ‘Industrial Internet of Things’ (IIoT) combines Big Data analytics with supply-chain and factory-floor sensors and monitoring tools, opening the door to greater efficiency, responsiveness and profitability for manufacturers and other industrial companies. As the IIoT matures, it will trickle into more industrial organizations, driving transformation comparable to what the commercial Internet did,” according to Keith Larson, Vice President, Content at Putman Media.
“The Smart Industry Conference & Expo will be the best opportunity for executives from the most innovative companies to come together to network with peers, view demos of evolving technologies that bring the Internet further into the industrial sector than ever before, and contribute to the evolving standards currently under development for the Industrial Internet,” according to Terry Wiese, Vice President, Events at Putman Media.
“The Industrial Internet Consortium is proud to be working with Putman Media to provide content for attendees to learn the latest information and technologies about putting the Industrial Internet of Things to work in their organizations,” says William Hoffman, President, Industrial Internet Consortium.
For more information, visit SmartIndustry.com.
About Putman Media, Inc.
With decades of experience in B2B, Putman Media delivers unique, relevant and integrated media services and solutions that enable customers to compete in an aggressive environment. It produces several specialty publications and a variety of industry-specific events focused on innovation, thought leadership, and executive networking. For more information, visit PutmanMedia.com
About the Industrial Internet Consortium (IIC)
The Industrial Internet Consortium, founded in 2014, focuses on furthering the development, adoption and widespread use of interconnected machines, intelligent analytics, and people in industrial organizations. It was founded by five companies—AT&T, Cisco, General Electric (GE), Intel, and IBM—and works closely with both academic institutions and government agencies. For more information, visit iiconsortium.org.
The Journal Named Best Custom Publication — Again
September 4, 2014
For the eighth time out of the last nine years, The Journal from Rockwell Automation and Our PartnerNetworkTM has been recognized as a top custom magazine in business-to-business publishing. The latest accolade comes from the 26th Annual APEX Awards of Excellence in Corporate Communications, which earned The Journal top honors for Best Custom-Published Magazines, Journals & Tabloids. The magazine also won two other awards for Short Features and for Graphic Design – Spreads. Click here to read the press release.
Aim for Operational Excellence
February 14, 2014
Following Chemical Processing’s founding credo of “practical usefulness,” this month’s cover story focuses on how plants can “Aim for Operational Excellence.” Author Bernard McGarvey of Eli Lilly demystifies what the term operational excellence means. He notes plants should pursue operational excellence while realizing it’s never attainable. The quest can lead to higher levels of process performance. However, gaining and maintaining improvements depend upon organizational changes — and these require paying attention to seven elements. Check out Chemical Processing’s February cover story and several other articles in this issue for more steps a plant can take to enhance overall performance. Chemical Processing for more details.
U.S. Chemical Industry Gets Into Better Tune
January 31, 2014
Wishing you had a crystal ball? Chemical Processing’s January 2014 cover story highlights what to expect in the U.S. chemical industry this year. Growth should accelerate across most regions of the world. The U.S. particularly will benefit from an improving economy and abundant natural gas resources, emerging as a global low-cost supplier of many petrochemical and plastic products. To read more about the forecast, visit Chemical Processing for more details.