Epoxy
July 2, 2021
Driver Issues
Number Of US Truck Drivers Sidelined Due To Substance Abuse Violations Has Surpassed 60,000
by Tyler DurdenFriday, Jul 02, 2021 – 11:47 AM
By John Gallagher of FreightWavesBanned drivers matches shortfall in CDL holders needed to meet freight demand. (Photo: Jim Allen/FreightWaves)
The number of U.S. truck drivers sidelined due to substance abuse violations has surpassed 60,000 and continues to climb by roughly 2,000-3,000 per month, according to federal data. The latest monthly report by the Drug and Alcohol Clearinghouse, administered by the Federal Motor Carrier Safety Administration since January 2020, revealed that 60,299 CDL holders have a drug or alcohol violation recorded in the clearinghouse as of June 1, up from 57,510 as of May 1 and up from 18,860 recorded in the clearinghouse as of May 1, 2020.
Drivers with at least one substance abuse violation are barred from operating a commercial truck until they complete a return-to-duty process, which includes providing a negative follow-up test result. The percentage of drivers who are completing the RTD process has steadily increased over the past year, however, from 5.2% as of May 1, 2020, to 22.1% as of May 1, 2021.
Marijuana consistently tops the list of substances identified in positive drug tests, far outpacing cocaine and methamphetamine, the second- and third-highest drug violations, respectively, among CDL holders.
The number of violations now recorded in the clearinghouse stands out for another reason: It’s coincidentally just a few hundred shy of an estimated number of drivers needed to fill a shortfall of commercial drivers to keep pace with freight demand.
“According to a recent estimate, the trucking industry needs an additional 60,800 truck drivers immediately — a deficit that is expected to grow to more than 160,000 by 2028,” testified American Trucking Associations President and CEO Chris Spear at a Capitol Hill hearing on freight mobility in May.
“In fact, when anticipated driver retirement numbers are combined with the expected growth in capacity, the trucking industry will need to hire roughly 1.1 million new drivers over the next decade, or an average of nearly 110,000 per year.”
Scopelitis Consulting Co-Director Sean Garney pointed out that the growing number of prohibited drivers is not a bad thing from a safety standpoint.
“The database is doing what it’s supposed to do, which is identify those who should not be driving,” Garney told FreightWaves. “Losing drivers due to positive drug tests may not necessarily be a good thing for truck capacity, but I think what many others in this industry also care about is safety.”
July 2, 2021
BASF Increasing Prices on Polyetheramines
BASF to increase prices for select polyetheramines in North America
FLORHAM PARK, NJ, July 1, 2021 – Effective July 10, 2021 or as existing contracts permit, BASF will increase its prices in North America for select polyetheramines sold under the brand name Baxxodur®.
Product Price Increase
Polyetheramine D230 (Baxxodur EC 301) $0.15 / lb.
Polyetheramine D2000 (Baxxodur EC 303) $0.19 / lb.
Polyetheramine T403 (Baxxodur EC 310) $0.16 / lb.
Under the brand name Baxxodur, BASF markets a diversified portfolio of amine- based curing components for the professional and application-oriented processing of epoxy resins. BASF’s Baxxodur products are featured in many applications as highly efficient curing agents in various coating applications and sealing compounds, for the wind energy, electrical industry as well as in composites, adhesives and flooring.
July 2, 2021
BASF Increasing Prices on Polyetheramines
BASF to increase prices for select polyetheramines in North America
FLORHAM PARK, NJ, July 1, 2021 – Effective July 10, 2021 or as existing contracts permit, BASF will increase its prices in North America for select polyetheramines sold under the brand name Baxxodur®.
Product Price Increase
Polyetheramine D230 (Baxxodur EC 301) $0.15 / lb.
Polyetheramine D2000 (Baxxodur EC 303) $0.19 / lb.
Polyetheramine T403 (Baxxodur EC 310) $0.16 / lb.
Under the brand name Baxxodur, BASF markets a diversified portfolio of amine- based curing components for the professional and application-oriented processing of epoxy resins. BASF’s Baxxodur products are featured in many applications as highly efficient curing agents in various coating applications and sealing compounds, for the wind energy, electrical industry as well as in composites, adhesives and flooring.
July 1, 2021
Olin Business Model Changes
Olin Enters into Agreement with ASHTA to Purchase and Sell Chlorine
Jul. 01, 2021 4:10 PM ETPR NewswireOlin Corporation (OLN)
CLAYTON, Mo., July 1, 2021 /PRNewswire/ — Olin Corporation (OLN) announced today it has entered into an agreement with ASHTA Chemicals, Inc. to purchase and sell the chlorine produced at ASHTA’s Ashtabula, OH facility. Existing contracts will be honored for chlorine customers of both companies.
“This agreement provides the opportunity to optimize logistics across the Olin and ASHTA portfolio, reducing the number of miles chlorine travels to get to customers and overall transportation costs while increasing the security and flexibility of supply within the growing Olin network. Olin has unmatched expertise in the safe and efficient delivery of chlorine,” said Damian Gumpel, Vice President and President, Chlor Alkali Products & Vinyls.
“We are excited to work with Olin as this agreement allows each company to focus on its strengths, which for ASHTA is the production of potassium hydroxide (KOH) for our growing customer base,” said Brad Westfall, President and CEO of ASHTA.
ASHTA Chemicals, Inc. is a leading manufacturer of potassium hydroxide (KOH) with headquarters and production facilities in Ashtabula, Ohio.
https://seekingalpha.com/pr/18380824-olin-enters-agreement-ashta-to-purchase-and-sell-chlorine
July 1, 2021
Olin Business Model Changes
Olin Enters into Agreement with ASHTA to Purchase and Sell Chlorine
Jul. 01, 2021 4:10 PM ETPR NewswireOlin Corporation (OLN)
CLAYTON, Mo., July 1, 2021 /PRNewswire/ — Olin Corporation (OLN) announced today it has entered into an agreement with ASHTA Chemicals, Inc. to purchase and sell the chlorine produced at ASHTA’s Ashtabula, OH facility. Existing contracts will be honored for chlorine customers of both companies.
“This agreement provides the opportunity to optimize logistics across the Olin and ASHTA portfolio, reducing the number of miles chlorine travels to get to customers and overall transportation costs while increasing the security and flexibility of supply within the growing Olin network. Olin has unmatched expertise in the safe and efficient delivery of chlorine,” said Damian Gumpel, Vice President and President, Chlor Alkali Products & Vinyls.
“We are excited to work with Olin as this agreement allows each company to focus on its strengths, which for ASHTA is the production of potassium hydroxide (KOH) for our growing customer base,” said Brad Westfall, President and CEO of ASHTA.
ASHTA Chemicals, Inc. is a leading manufacturer of potassium hydroxide (KOH) with headquarters and production facilities in Ashtabula, Ohio.
https://seekingalpha.com/pr/18380824-olin-enters-agreement-ashta-to-purchase-and-sell-chlorine
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