In January, my article “Chemical & Plastics Prices – 2023 & Outlook” expressed the view that chemicals and plastics prices would decrease this year. Six months later, it looks like I was right...

I’m continuing to add new events to the calendar, both webinars and virtual conferences. While a virtual conference might not typically be your ‘thing,’ keep in mind that most of them are free to atte...

On Tuesday, the Food & Drug Administration (FDA) announced that by 2018 all partially hydrogenated oils (the primary source of trans fats in the American diet) must be phased out of the food supply chain. The many costs associated with this change will give procurement an opportunity to have a positive impact at a time of transition. When you add up the costs of experimenting with replacement oils and reprinting/redesigning packaging and labels, Roger Clemens, a pharmacology professor at USC, estimates it could cost companies as much as $200K per product.[1]