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Rail shipping cost causes plant closure

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Rail shipping cost causes plant closure
Posted by n012944 on Friday, August 20, 2021 8:57 AM

https://buffalonews.com/business/local/occidental-chemical-to-close-niagara-falls-plant/article_ddb5463c-010a-11ec-a536-9b2a8e99ba71.html

 

Not a good look for the railroads.  I have a feeling we will see some pushback from this in Congress, since it is in the Senate majority leaders state, and he loves the camera on him.   

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Posted by CSSHEGEWISCH on Friday, August 20, 2021 10:11 AM

That sounds like the same sort of complaint that you would hear from wheat farmers in Montana, they can't compete with farmers closer to the Twin Cities because the rail rates are too high.  It would appear that environmental issues are a bigger factor in the plant closure but Occidental isn't about to admit that.

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Posted by Murphy Siding on Friday, August 20, 2021 10:27 AM

I read that differently. It sounds like transportation costs are a factor, but that it's "regional market conditions" that are the main reason the factory is closing. Sounds more like a rust belt industry issue to me.

To paraphrase Bruce Springsteen-

They're closing down a chemical plant 'cross the railroad tracks.
'Foreman says these jobs are goin' boys
And they ain't comin' back
To your hometown, your hometown.

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Posted by York1 on Friday, August 20, 2021 11:00 AM

Murphy Siding
It sounds like transportation costs are a factor, but that it's "regional market conditions" that are the main reason the factory is closing.

 

Agreed.  Rail costs were only "part" of the issue.  Since the company has plants in other states producing the same chemicals, I wonder if New York's tax rates were an issue?

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Posted by diningcar on Friday, August 20, 2021 11:06 AM

Also, I suspect rail rates are related to the 'dangerous' cargo which probably requires special equipment.

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Posted by Backshop on Friday, August 20, 2021 11:29 AM

Also, with only 130 employees, it sounds like they've been downsizing for years and finally reached the point where it wasn't economical to operate such a small plant anymore.

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Posted by BaltACD on Friday, August 20, 2021 12:37 PM

A total PR 'Spin' release throwing out the reasons that are farthest from the REAL reason(s).  At only 120 employees sounds like the plant is too small to earn its keep regardless of any other claimed reasons.

 

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Posted by Murphy Siding on Friday, August 20, 2021 12:52 PM

Backshop

Also, with only 130 employees, it sounds like they've been downsizing for years and finally reached the point where it wasn't economical to operate such a small plant anymore.

 

Especially if you read the part that says they used to employ thousands there.

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Posted by tree68 on Friday, August 20, 2021 1:01 PM

Another possibility to consider is that their market may have moved, as well as their sources. 

F'rinstance, papermaking used to be a major industry in northern New York.  Except for a few specialty papermakers, that industry moved south years ago.  Every paper mill had rail service - one even had an in-plant switcher.

Which would clearly make transportation an issue.

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Posted by Ulrich on Friday, August 20, 2021 2:13 PM

Sounds like the guy who blamed the rising minimum wage for the closure of his restaurant.. 

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Posted by SD60MAC9500 on Friday, August 20, 2021 3:01 PM
 

CSSHEGEWISCH

That sounds like the same sort of complaint that you would hear from wheat farmers in Montana, they can't compete with farmers closer to the Twin Cities because the rail rates are too high.  It would appear that environmental issues are a bigger factor in the plant closure but Occidental isn't about to admit that.

 

+1

 
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Posted by SeaboardRR on Saturday, August 21, 2021 1:30 PM

The equipment is prescriptive for Chlorine, as is for any other commodity they produce.  I suspect the operation is a "closed gate," which means pricing power, and no alternative rail.  Railroads know that and........well you know what that means.

Carloads have been decreasing for 2 decades, so growth comes from, wait for it........price increases, each every year.

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Posted by SeaboardRR on Saturday, August 21, 2021 1:33 PM

Most petrochemical plants have small staffing levels.  Automation has been designed into these plants for decades.

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Posted by ericsp on Sunday, August 22, 2021 1:11 AM

Murphy Siding

 Backshop

Also, with only 130 employees, it sounds like they've been downsizing for years and finally reached the point where it wasn't economical to operate such a small plant anymore.

 

 

 

Especially if you read the part that says they used to employ thousands there.

 

 

It depends on how long ago it employed thousands. Plants these days are much more automated than they used to be and require significantly less workers to produce the same amount of product than they required decades ago.

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Posted by ericsp on Sunday, August 22, 2021 1:13 AM

diningcar

Also, I suspect rail rates are related to the 'dangerous' cargo which probably requires special equipment.

 

 
The tank cars are supplied by the shipper. The railroads do not have to worry about supplying the cars.

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Posted by BaltACD on Sunday, August 22, 2021 5:52 AM

ericsp
 
diningcar

Also, I suspect rail rates are related to the 'dangerous' cargo which probably requires special equipment. 

The tank cars are supplied by the shipper. The railroads do not have to worry about supplying the cars.

In many case companies have to lease the tank cars that they use.  Doubt that the leases are inexpensive.

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Posted by diningcar on Sunday, August 22, 2021 7:28 AM

Whatever the source, its part of the total shipping cost in the accounting process that "goes to the bottom line".

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