Utilities across the country are raising rates and imposing surcharges to recoup their costs from the collapse of the Texas grid during February’s winter storm, which sent spot natural gas costs soaring nationwide.
New York City filed suit against BP, Exxon and Shell in state court, accusing the companies of misrepresenting the environmental risks of their products and seeking damages for the effects of climate change.
A new Washington state bill would require most plastic containers to contain up to 50% post-consumer recycled content by 2031 and increase the content of recycled material used in plastic garbage bags.
Data from the Environmental Protection Agency shows that more than 90% of plastic waste in the U.S. each year goes to landfills or incinerators, while only 9% is recycled.
Our most recent list of force majeure and allocation announcements from suppliers is here.
Stellantis will curtail production of the Jeep Grand Cherokee and Dodge Durango at its Detroit assembly plant starting Monday due to a shortage of semiconductors.
Mitsubishi will cut production in May by 16,000 vehicles, nearly one-fifth of its monthly production, due to the global semiconductor shortage.
Prices for used heavy-duty freight trucks are rapidly increasing as operators rush to build their capacity.
TravelCenters of America has formed a new business unit to roll out alternative energy options for heavy-duty trucks at its more than 270 truck stops, starting with hydrogen fueling stations in California.
Colgate-Palmolive, Coca-Cola and Unilever announced they will join Anheuser-Busch InBev’s accelerator and investment program to support startups focusing on making supply chains more sustainable.
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 67,257 new COVID-19 cases and 943 deaths in the U.S. yesterday. Over 218 million vaccine doses have been administered, with 24.9% of the population fully vaccinated.
Just seven states are experiencing rising COVID-19 trends this week, down from 25 last week, with only Alabama and Washington showing rising trends for both periods.
Washington state is experiencing rising COVID-19 infections, hospitalizations and test positivity, prompting officials to warn that lockdown measures may be required if citizens ignore social distancing and mask recommendations.
Michigan, recent epicenter for COVID-19 infections in the U.S., has seen its seven-day average infection rate decrease 12.5% in the past week.
Virginia will begin to relax certain COVID-19-related restrictions, allowing sports and entertainment venues to operate with expanded capacity, an increase in social gathering limits, and bar seating in restaurants and saloons.
Long-haul COVID-19 patients not only face extended symptoms of the virus, but also an increased chance of death months after contraction, new research shows.
BioNTech’s chief medical advisor said that it is likely that people will need a third shot of its COVID-19 vaccine for further protection from the virus, while Moderna’s CEO said it was working on a COVID-19 booster to be ready by late summer or early fall.
Dow’s first quarter results handily beat analyst estimates, with revenues $1 billion higher than expected, boosted by robust global demand for plastics, supply constraints after the February winter storm in Texas and a 14% increase in prices over the fourth quarter.
Intel’s profit fell short of expectations as the company spends heavily to get its manufacturing operations back on track with chip-making competitors. However, the company raised its annual sales outlook for personal computers.
A climate summit at the White House yesterday led to a flurry of news:
The U.S., Norway and Britain joined with companies including Amazon and Nestle in a plan to raise $1 billion in financing to preserve the world’s tropical forests.
For the second day in a row, India set a global record for most daily infections with 332,730 new cases. Vaccinations in India won’t be open for all adults until next month, as its inoculation program struggles with delayed shipments and plateauing manufacturing capacity. The nation’s death toll, fourth-highest globally, is believed to be significantly above official numbers.
Indonesia will ban entry to people traveling through India to prevent the spread of COVID-19 variants.
The U.K. is imposing a 10-day quarantine for travelers from India, requiring testing on the second and eighth days and forcing those who test positive to remain quarantined for an additional 10 days.
Pakistan is instating new measures to help curb a surge of COVID-19, banning outdoor dining, forcing offices to close at 2 p.m. and ordering markets to shut down at 6 p.m.
Canada will ban passenger flights originating in India and Pakistan for the next 30 days, citing many COVID-19 cases in travelers from those countries. The head of the nation’s largest province is facing calls to resign over his handling of the pandemic amid a third wave of the virus.
Thailand is facing a shortage of ICU beds as the country struggles to contain a surge of COVID-19 infections. The country said it will continue to use China’s Sinovac vaccine despite six reports of recipients having “stroke-like” side effects.
The European Commission is declining an option to purchase 100 million additional AstraZeneca COVID-19 vaccine doses, planning instead for the purchase of up to 1.8 billion doses of Pfizer/BioNTech’s vaccine.
COVID-19 infections in adults of all ages fell by 65% after a first dose of AstraZeneca’s or Pfizer’s COVID-19 vaccine, a British study shows.
Surveys of purchasing managers point to a global economic recovery as vaccination programs around the world allow more parts of the services economy to reopen.
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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