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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.
Wednesday, November 26, 2014
BY NISHANT BHAJARIA | OP-ED CONTRIBUTOR
By now, anyone who knows about it has a position on President Obama’s executive order on immigration. The executive order is the outcome of failed attempts at getting a bill through the normal legislative process. Both Obama and his predecessor came close, but not close enough since the process broke down multiple times.
Thursday, November 20, 2014
BY JASON NORRIS | OB CONTRIBUTOR
Each month for Oregon Business, we assess factors that are shaping current capital market activity—and what they mean to investors. Here we take a look at two major developments regarding possible rollbacks of the Affordable Care Act (ACA).
Wednesday, October 22, 2014
BY JESSICA RIDGWAY
Most smartphones come equipped with speech recognition systems like Siri or Cortana that are capable of understanding the human voice and putting words into actions. But what if smartphones could do more? What if smartphones could register feeling?
Tuesday, October 14, 2014
BY JONATHAN FROCHTZWAJG
A flare-up in the Elliott Forest raises questions about détente in Oregon’s timber wars.
Wednesday, October 15, 2014
BY DIANE BUISMAN
Some common misconceptions employers have about marijuana.
Thursday, October 02, 2014
More than 5,500 employees from 180 organizations throughout the state participated in the 100 Best Nonprofits to Work for in Oregon project.
Friday, October 24, 2014
How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Ferguson bakery saved by crowdfunding|
|Obamacare yields more than 1M applicants in first week of open enrollment|
|Price of already-built homes in Seattle area drops|
|Apple hits record-high value|
|Fed's ability to regulate questioned|
|Budweiser to move away from Clydesdales|
|Mergers lucrative for departing CEOs, but not necessarily shareholders|
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.
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Rotary’s Oregon Ethics in Business aims to raise consciousness about business ethics by honoring exceptional companies.
Barran Liebman’s annual employment law seminar is an industry classic.
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More than 400 "Change Makers" will gather to invest in a socially sustainable community.