Sometime next month, Royal Dutch Shell will let shareholders decide whether it should become a net-zero energy company by 2050.
Australian officials announced further details on their plans to phase out single-use plastics by 2025, saying the ban will include “problematic and unnecessary” waste, such as plastic utensils and straws.
Our most recent list of force majeure and allocation announcements from suppliers is here.
Taiwan, experiencing it worst drought in 50 years, warned that the water shortage could impact its semiconductor industry, which accounts for two-thirds of global supply.
Nissan will cut production at several Japanese factories for 8-15 days next month due to the global semiconductor shortage.
The White House is expecting its $2.25 trillion infrastructure package to be passed in smaller pieces by Congressional lawmakers, with specific proposals likely to come at the end of May.
Airline KLM is starting to use custom-made cargo bags fitted for seats of 777 passenger jets for freight-only flights, an attempt to carry more shipments amid crushing demand.
Logistics conditions remain strained, with trucking demand exceeding availability and continued congestion at ports due in part to operating challenges related to the pandemic. Clients are advised to provide expanded lead times on orders to help ensure delivery dates.
There were 74,289 new COVID-19 cases and 887 deaths in the U.S. yesterday. Over 198 million vaccine doses have been administered, with 21.6% of the population fully vaccinated.
As many as 1 in 3 COVID-19 vaccine doses go unused in some states, a sign that demand for the shots is slowing despite a large percentage of the population still uninoculated.
Merck and partner Ridgeback Biotherapeutics are halting a trial of an experimental COVID-19 drug after it failed to help hospitalized patients.
With new strains of COVID-19 emerging, drugmaker Eli Lilly has asked U.S. regulators to revoke the authorization of its single antibody drug to combat the virus. The company will shift its focus on distributing a combination two-drug antibody cocktail instead.
Scientists working with the U.S. Defense Department have unveiled a new chip that can detect COVID-19 in human bodies within minutes of it being implanted under the skin.
U.S. stock indexes hit record highs on Thursday on upbeat earnings reports from several companies and a 9.8% gain in retail sales in March, the largest monthly gain since last May.
U.S. business inventories rose 0.5% in February, in line with analyst expectations.
Verizon is launching 5G internet services for businesses in 21 U.S. cities this month, expanding its current presence in Chicago, Houston and Los Angeles.
The global rate of COVID-19 transmission has nearly doubled in the past two months and is approaching the highest level of the pandemic. Variants of COVID-19 are almost exclusively behind the resurgence.
The U.K. is far outpacing Europe in taming the coronavirus:
India will import enough of Russia’s Sputnik V COVID-19 vaccine this month to cover as many as 125 million people, as the once leading virus exporter seeks more supplies. India’s growing domestic outbreak has led to record daily infections in 8 of the last 9 days, fueled by the spread of virulent mutations.
Despite a record 1,543 new COVID-19 cases in Thailand, the country will not impose new lockdowns, although it is banning the sale of alcohol in some regions.
A growing number of lawmakers in Japan are questioning the nation’s plans to move forward with hosting this summer’s Olympic Games, as the nation is set to expand quasi-emergency measures to 10 regions on Friday amid a fourth wave of infections.
A South Korean company will lead a consortium in the production of 100 million doses of Russia’s Sputnik V COVID-19 vaccine.
Many Africans do not know when they will receive their second required COVID-19 vaccine due to a severe shortage in new deliveries.
The Gavi vaccine alliance is sounding the alarm on the global availability of COVID-19 vaccines, saying that the COVAX initiative, which aims to help lower-income countries secure doses, is in need of additional funding to help procure more shots.
China’s economy surged 18.3% in the first quarter compared to the same period last year, the highest growth rate since data collection began in 1992. But quarter-over-quarter growth of 0.6% was the slowest in a decade outside the collapse early in the pandemic amidst growing indications of economic weakness.
Home prices in China rose 0.41% month over month in March, the fastest pace in seven months.
Over 400 U.K. financial firms have shifted activities, staff and nearly $1.4 trillion in assets to hubs in the EU due to Brexit, a study shows. The EU has backed the U.K.’s proposed trade and cooperation agreement with the bloc, clearing the path toward final ratification of the deal.
Italy hiked its target for this year’s budget deficit to 11.8% of GDP from an 8.8% projection made in January, the result of a recent 40-billion-euro economic stimulus package.
Argentina consumer prices rose nearly 5% in March, the fastest pace since late 2019, with 12-month rolling inflation hitting nearly 43%.
The economy of Peru, the world’s second-largest copper producer, contracted 4.18% in February amid a second wave of COVID-19.
The U.S. denied Brazil’s demand that it pay upfront for protection of the Amazon rainforest, with the U.S. wanting to see results prior to doling out funding.
Our next Plastics Reflections Web Series is Tuesday, April 20 at 1:00 pm CT. This webinar focused on Driving Sustainability Action in the Plastics Industry will feature panelists from Business Publishing International (BPI), Danimer Scientific, Coca-Cola and M. Holland. Click here to learn more and register.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight during prevailing force majeure. For more information, email our 3D Printing team.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets. To arrange a videoconference or meeting with any of our Market Managers, please visit our website.
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We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.
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