The Olympics and the price of antimony

August 11th, 2008

The Games of the XXIX Olympiad just began in Beijing, China on Friday, but the antimony market has felt their affects for some time already. Everyone knew that there would be temporary restrictions on manufacturing and transportation before and during the Games. Therefore, we anticipated short-term increases in price due to a lack of supply just before the Games until slightly after when smelters could ramp up production again. However, other factors have led to even more drastic reductions than expected.

Several months ago, the Chinese government decided to ration the use of all explosives severely in preparation for the Games. Reports that the Beijing Olympics could be a serious terrorist target and the possibility for violent pro-Tibet protests precipitated this action. That meant that almost all mining operations halted. Since Chinese mines produce about 85% of the world’s antimony, this caused a drastic fall in supply. Low supply and high demand have led to price increases. Threats of terrorism have also led the Chinese government to limit traffic in and out of their ports so this has caused an even tighter squeeze.

Everyone hopes that after the Games things will go back to normal, but it will likely take a few months for the mines and smelters to catch up with orders and for prices to start to fall.

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Amspec adds a blog to corporate website

August 8th, 2008

Blogging is an increasingly important way for organizations, global consumers, and local community members to both disperse and find information on almost any subject. In order to stay on the cutting edge, Amspec has incorporated a blog into its new website. With our blog we will provide you with news and information about Amspec as well as the industries we touch. Our ultimate goal is to create an active online community where anyone who reads our posts will have the opportunity to respond. Responses can be anything from supplementary information, comments on our opinions, or additional questions that you would like us to answer. Once you post a response or comment, then anyone who visits our blog can read that as well. We are very excited about this new way to interact with our key stakeholders, who include our current customers, suppliers, prospective customers, and local community members.

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Amspec rolls out new website

August 8th, 2008

In today’s fast paced and connected world many people look to find all the information they need online. It is crucial for any business to have a strong online presence including tools that make it easier for people to do business with you. It is also important to provide as much information as possible. To that end, Amspec is rolling out a new website utilizing Web 2.0 technology and many new tools that will make it easier for you to do business with us.

You can now find all of our product information online including technical datasheets complete with information about the appropriate uses for our products. Our home page now tells you about a featured product which will be updated monthly. This featured product section will tell you more detailed information about the product and offer special purchasing options as well. You will also notice the addition of a Blog section to our home page. We hope to offer news about Amspec as well as industry updates and notices. The flame retardant market has news relating to legislation and regulations often so we hope that amspec.net will be the place you check for those updates. Other changes include our “Contact Us” page. It is now much simpler which allows for faster submission and requests that are more general.

Amspec aims to stay on the cutting edge of technology in order to provide you with the most pleasant internet experience that we can. If you have any suggestions or comments on how to improve our website, then please do not hesitate to contact us.

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Amspec celebrates 25 years in business

April 1st, 2008

Amspec has reached an important milestone of twenty-five years in business. Over the last quarter century, we have seen the end of the Cold War, at least one recession, and the emergence of China as a world economic power. Through all of these major events that have rocked the metals market, Amspec has remained a constant and reliable source for all your antimony trioxide and antimony based chemical needs.

In 1983, Antimony Products of America formed Amspec Chemical Corporation to purchase the former Harshaw Chemical Company antimony smelting operation in Gloucester City, NJ. Today, Amspec no longer focuses on producing our own antimony oxide. We have shifted our emphasis to distributing antimony trioxide and manufacturing an array of products using antimony trioxide as a key ingredient. While our business model has changed over the years, we have never stopped giving excellent customer service and delivering quality products to our customers.

We look forward to serving the plastics, textiles, adhesives, coatings, oil field service, petroleum refining, glass, explosives, aerospace, and many other industries for the next 25 years in our modern facility in Northern Delaware. We are excited for what the future holds for Amspec and our customers.

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