The ChemQuest Group Newsletter
September/October 2024
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You may recall that in a previous newsletter I discussed reshoring and noted that rising energy costs are contributing to a growing interest in this trend. The same can be said for foreign investment in the U.S., which is being increasingly discussed throughout our network.
Companies in Europe, in particular, are seeing energy prices soar due to the ongoing Russia-Ukraine war. Hoping to reduce their dependence on Russian oil and gas, many of these organizations are looking to shift activities to the U.S. Others, based in the Asia-Pacific region, for example, are looking to establish a U.S. base in order to gain ready access to attractive markets bolstered by consumer optimism and economic strength.
Whether driven by the lure of lower feedstock prices or market access, foreign investment in the U.S. provides opportunities for domestic job growth and economic development. For the companies that choose to establish operations here, designing a new facility (or overhauling an existing location to suit their needs) provides the ability to develop best-in-class operations that achieve optimal productivity while providing for long-term scalability.
These are complicated undertakings for our clients, of course, requiring deep expertise not only in manufacturing processes but in the specific needs of specialty chemicals and advanced materials operations. Luckily, our team is uniquely positioned to provide end-to-end guidance, supporting our global clients no matter where they choose to locate. Please reach out to learn more.
Sincerely,
Daniel Murad, CEO, The ChemQuest Group, Inc.
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25th Annual Fermium Report | |
Congratulations to Fermium Research, which recently achieved a milestone with its 25th annual Paints, Coatings, and Adhesives conference call to the investment community! | |
ChemQuest CEO Daniel Murad was honored to once again be asked to share his insight into these global sectors. Dan highlighted key trends that investors should be aware of, including moderating price increases and the impact of “more tepid global economic growth and domestic construction activity, with elements of ‘stagflation’ coming to the fore.” He also discussed global M&A activity, various raw materials issues, and detailed breakdowns of key market data and drivers. | |
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The ChemQuest team continues to contribute to numerous key industry publications, sharing insight on important technologies, industry trends, business strategy, and more. | |
Fall event season is well under way, and our team will be attending numerous conferences, summits, and meetings over the next several months. We look forward to sharing our knowledge and experience while meeting with colleagues both old and new. Please reach out to schedule an onsite meeting. | |
We also hope to see you at these upcoming events:
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ABRAFATI Show – São Paulo, Brazil, September 23-25
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Cleaning Products US – Arlington, Va., September 25-26
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MS&T – Pittsburgh, Pa., October 6-9
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CEPE Annual Conference – Copenhagen, Denmark, October 9-11
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Pittsburgh Chemical Day – Pittsburgh, Pa., October 16
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ASC Executive Leadership Conference – Isle of Palms, S.C., October 21-23
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SOCMA Summit – Charleston, S.C., October 29-30
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Pack Expo International – Chicago, Ill., November 3-6
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Dealmakers Charlotte – Charlotte, N.C., November 14
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HPCA Annual Meeting – Fort Lauderdale, Fla., December 8-11
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That’s a Wrap: CTT Summit 2024
Held earlier this month in Chicago, the Coatings Trends & Technologies (CTT) Summit was a resounding success. We were proud to once again serve as a Platinum Sponsor and take part in numerous agenda items, including:
- Powder Coating Fundamentals Short Course
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Navigating “Materials of Concern” in the Coatings Industry
- Who Needs Liquid Paint? Re-Inventing Surface Protection
Request a Follow-Up Meeting >
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New White Paper: Understanding Business Cycle Analysis | |
As you evaluate your needs and potential spending for 2025, did you know that Business Cycle Analysis (BCA) can help inform your forecasts? | |
In our latest white paper, “Understanding Business Analysis,” we explain the basic concepts of Business Cycle Analysis (BCA) and share details regarding how BCA and ChemQuest TraQr® resources can optimize your budgeting and business strategy.
For example, these tools can help you uncover market trends and identify when to:
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Hire top people, increase inventories, expand facilities OR
- Avoid long-term purchase commitments, reduce advertising, increase requirements to justify CapEx
Download the white paper and discover how BCA can help you unlock invaluable insights and anticipate market shifts, equipping you with the foresight necessary to make informed and impactful business decisions.
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Advanced Adhesive Bonding Course | |
ChemQuest serves as the exclusive partner of Fraunhofer IFAM in North America. If your customers require certification or your team could benefit from additional training and knowledge, registration is now open for our next advanced-level course. | |
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Beginning in March 2025, the EAS course will blend three weeks of remote learning and one week of in-person sessions at our facility in South Boston, Va. Graduates of this advanced course will be able to take on supervisory functions, prepare work instructions, and make contributions to quality assurance aspects of bonding technology.
Course Schedule:
- Week 1 (online): March 31-April 4
- Week 2 (online): May 12-16
- Week 3 (online): June 2-6
- Week 4 (in person): June 16-20
Course Overview > | Register Now >
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Welcome New ChemQuest Team Members | |
Please join us in welcoming Michael Henningsen, Ph.D., and Graeme Roan, Ph.D., to ChemQuest! | |
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