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|Monday, June 01, 2009|
Given China’s remarkable economic rise over the past decade, it comes as no surprise that it has grown into Oregon’s largest export market, with the state’s savviest players such as Nike and Intel well embedded there and prospering as a result. But it is surprising which sector has seen the sharpest growth: chemicals.
Statistics compiled by WISER Trade, a Massachusetts-based firm recognized as an expert on exports, show an astronomical 292% increase in chemicals exported from Oregon to China from 2007 to 2008, catapulting them over scrap waste and paper to become the state’s second-biggest China-bound export behind only computer and electronic products.
But if you’re wondering which Oregon companies are benefiting from this trend and whether it is expected to continue, don’t waste your time. There is no trend.
The biggest clue can be found in the corresponding fall-off for exported minerals, which dropped dramatically at the precise time that the chemical numbers shot up. Hmmm.
It turns out that the great boom in chemicals exported from Oregon to China has nothing to do with Oregon business and everything to do with a change in the classification of potash mined in Saskatchewan, sent by rail to Portland and shipped around the world as fertilizer. The market for this chemical (or is it a mineral?) made a few investors temporarily rich during the commodity boom of 2008, but that boom has gone bust along with trade in general. Vessel calls and tonnage are down more than 30% at the Port of Portland, and Oregon will be hard pressed to approach, much less improve on, the record $2.5 billion worth of exports shipped to China last year.
Monday, January 26, 2015
The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average.
Thursday, December 18, 2014
BY JASON NORRIS | OB CONTRIBUTOR
The implosion of the energy complex: The best thing for low oil prices is low oil prices.
Tuesday, January 27, 2015
BY KIM MOORE
Robin Anderson, dean of the Pamplin School of Business, University of Portland: "You need people who are comfortable leading in ambiguity."
Thursday, December 04, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?
Thursday, December 11, 2014
BY JESSICA RIDGWAY
Lawger upends the typical hourly based fee model by letting clients determine the cost.
Thursday, December 18, 2014
BY MEGHAN NOLT
VIDEO: Under the radar — complete with a soda counter, the traditional Paulsen's Pharmacy looks to compete with big box retailers.
Thursday, January 22, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
They say maintaining a healthy marriage takes work. So does running a business with your spouse.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
hubbub health uses behavior change science to rethink wellness programs.
In Ashland, a public-private partnership results in online resources to help diversify the local economy.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.