M. Holland shared insight on the current pigment and additive shortages facing the plastics industry. What can be done to ease the strain? Read more here.
M. Holland is exhibiting at MD&M West in Anaheim, California, this week. MD&M West is the largest medtech conference in the U.S. If you’re attending, please stop by Booth #4111 to meet our Healthcare experts!
In case you missed it, watch M. Holland’s Plastics Reflections webinar about the current and future state of the North American plastics industry. Click here to access the recording.
M. Holland’s 3D Printing group offers a rapid response alternative for producing selected parts where resin availability is tight. 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.
Oil prices fell over 4% Monday as fuel consumption stalls in China over COVID-19 lockdowns. WTI closed below $95/bbl, its lowest in over a month.
In mid-day trading today, WTI futures were up 7.1% at $101.00/bbl, Brent was up 6.9% at $105.20/bbl, and U.S. natural gas was up 4.1% at $6.91/MMBtu.
Japan’s government directed power companies to ensure they have at least three weeks of reserves and is urging them to sell spare gas to each other rather than overseas amid concerns of a sudden cutoff in Russian supplies.
A Russian firm says it will proceed with a planned nuclear plant in Finland despite uncertainty over the effect of sanctions on government permits.
Chevron won new rights to produce from Argentina’s Vaca Muerta formation, the world’s fourth-largest shale oil reserve, with an initial planned investment of $78.7 million.
American Eagle says its acquisition of fulfillment specialist Quiet Logistics has cut down delivery times by 35%.
Supply chain visibility startup Tive raised $54 million in a recent funding round for its real-time analytics software.
Global PC shipments fell 5.1% from a year ago in the March quarter, new data shows, signaling one of the first slowdowns in booming pandemic sales.
GM’s first-quarter sales fell 21.4% in China from a year ago, highlighting the risks for automakers of not taking extreme measures to keep factories running amid lockdowns. In one example, CATL, the world’s biggest maker of electric-vehicle batteries, imposed a “closed-loop” system that shuttles employees directly between dormitories and the factory floor.
BMW’s chief executive expects the global semiconductor shortage to last into 2023, while Volkswagen predicts an even longer timetable.
Ford may walk back its $2 billion exit from India with the potential construction of an export base for electric vehicles in the nation’s southern Tamil Nadu state.
Toy maker Mattel will spend $50 million to expand manufacturing in Monterrey, Mexico.
The U.S. workforce is missing almost 5 million males between ages 25 and 54, economists say.
Developers are being forced to rethink expensive renovations as offices in the U.S.’s largest cities remain less than half full (42% on average), even as other parts of the economy, including restaurants and airports, quickly refill with people.
Chinese producer (+8.3%) and consumer (+1.5%) prices rose faster than expected in March, new data shows, fueled by persistent supply chain bottlenecks and COVID flare-ups weighing on economic activity.
Britain’s economy grew a slower-than-expected 0.1% in February, the latest data shows, signaling weakness even before the war in Ukraine further upset the flow of goods into the nation.
Sri Lanka’s financial crisis is worsening, with the nation halting payments on foreign debt and warning of a default yesterday amid dwindling dollar stockpiles for essential food and fuel imports.
London’s Heathrow Airport saw 4.22 million passengers in March, its busiest of the pandemic and seven times the level from a year ago.
More news related to the war in Europe:
Ukraine’s economy could shrink up to 45% this year due to Russia’s invasion, the World Bank predicts.