NEWSLETTER – AUGUST 2017

July 2017

NEWSLETTER – AUGUST 2017

Chem One Newsletter ChemOne

 
 
Chem One Ltd August 2017

WHAT’S NEW

As we noted last month the Chinese government tightening environmental regulations and auditing facilities is causing prices on regulated products to increase. That trend continues as we head into August.

Copper metal jumped to a 2017 high as we closed out July. It has been trading in a range on the high end of 2017 prices. Declining copper metal inventories and a weaker dollar contributed to copper metal increasing. The metal is the basis for Copper Sulfate production.

The United States International Trade Commission determined that there is a reasonable indication that an industry in the United States is materially injured by reason of imports of citric acid and certain citrate salts from Belgium, Colombia, and Thailand, provided for in subheadings 2918.14, 2918.15, and 3824.99 of the Harmonized Tariff Schedule of the United States, that are allegedly sold at less than fair value (‘‘LTFV’’) and that are allegedly subsidized by the government of Thailand. This means there will be anti dumping and countervailing duties for Citric products from these countries. The next phase of the process is to determine the amount of those duties and if they will be assessed retroactively.

In this issue:

What’s New
Market News
Regulations
Quick Links

QUICK LINKS

About Us: What We Do

United States International Trade Commission

OSHA

 

MARKET NEWS

Increases:

Ammonium Bifluoride
Citric Acid
Oxalic Acid
Potassium Acetate
Sodium Metasilicate

Decreases:

Other:

We have now moved past the produce season issues with trucking in the southern region of the United States and should start to see some loosening in the market.  July’s supply and demand issues were heightened by the annual DPS road check inspections across the country for 3 days when thousands of trucks were placed out of service. 

 

REGULATORY NEWS

In July OSHA announced the “Injury Tracking Application” (ITA) would be accessible online on August 1st 2017.  This online tool will allow electronic submission of Injury and illness records to OSHA. See Final Rule below.

Updated The Injury Tracking Application (ITA) will be accessible from this page on August 1, 2017, where you will be able to provide the Agency your 2016 OSHA Form 300A information. OSHA also published a notice of proposed rulemaking to extend the date by which certain employers are required to submit the information from their completed 2016 Form 300A electronically from July 1, 2017 to December 1, 2017.

Who: Establishments with 250 or more employees that are currently required to keep OSHA injury and illness records, and establishments with 20-249 employees that are classified in certain industries with historically high rates of occupational injuries and illnesses.

What: Covered establishments with 250 or more employees must electronically submit information from OSHA Forms 300 (Log of Work-Related Injuries and Illnesses), 300A (Summary of Work-Related Injuries and Illnesses), and 301 (Injury and Illness Incident Report). Covered establishments with 20-249 employees must electronically submit information from OSHA Form 300A.

When: The requirement becomes effective on January 1, 2017. The new reporting requirements will be phased in over two years. In 2017, all covered establishments must submit information from their completed 2016 Form 300A by July 1, 2017. In 2018, covered establishments with 250 or more employees must submit information from all completed 2017 forms (300A, 300, and 301) by July 1, 2018, and covered establishments with 20-249 employees must submit information from their completed 2017 Form 300A by July 1, 2018. Beginning in 2019 and every year thereafter, covered establishments must submit the information by March 2.

How: OSHA will provide a secure website that offers three options for data submission. First, users will be able to manually enter data into a web form. Second, users will be able to upload a CSV file to process single or multiple establishments at the same time. Last, users of automated recordkeeping systems will have the ability to transmit data electronically via an API (application programming interface). We will provide status updates and related information here as it becomes available.

 
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