SIC Code 5169-67 - Chemicals-Surplus Stock Buyers (Wholesale)
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SIC Code 5169-67 Description (6-Digit)
Chemicals-Surplus Stock Buyers (Wholesale) is a subdivision of the SIC Code 5169 that deals with the wholesale buying of surplus chemicals and allied products that are not classified elsewhere. These buyers purchase excess inventory from manufacturers, distributors, and other sources and then resell them to other businesses at a discounted price. The industry plays a crucial role in the chemical supply chain by helping to prevent waste and reduce costs for manufacturers.
Hierarchy Navigation for SIC 6-Digit Code 5169-67
Parent Code (less specific)
Tools
- Chemical inventory management software
- Chemical testing equipment
- Hazardous material handling equipment
- Chemical pumps and valves
- Chemical storage tanks
- Chemical transportation vehicles
- Safety gear and personal protective equipment
- Chemical spill containment and cleanup supplies
- Chemical mixing and blending equipment
- Chemical labeling and packaging supplies
Industry Examples of Chemicals-Surplus Stock Buyers (Wholesale)
- Surplus solvents
- Overstocked cleaning chemicals
- Excess laboratory reagents
- Discontinued specialty chemicals
- Outdated industrial coatings
- Unused adhesives and sealants
- Unneeded pharmaceutical ingredients
- Overproduced agricultural chemicals
- Surplus food additives
- Excess cosmetic ingredients
SIC Code 5169-67 - Chemicals-Surplus Stock Buyers (Wholesale)
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