As the JOC reports, resin exports from the United States are in the early stages of what promises to be a sustained period of rapid growth, catalyzed by the country’s increased production levels of oil and natural gas in recent years. This has already placed pressure on supply chains, introduced new dynamism and complexity for carriers faced with managing equipment, and increased volumes for selected ports (most notably the Ports of Houston and New Orleans).
Mercator International has analyzed resin storage capacity in the Houston metropolitan area for a major industrial real estate developer/investor, and have conducted analyses and forecasts of container equipment balancing requirements. We have also evaluated ocean carriage capacity requirements within the Transpacific trade (which is likely the primary benefactor of this resin boom) on numerous occasions, along with analyzing energy markets in connection with this trade development.
For more information, click here to refer to the above-referenced JOC article.