Establishing corporate sustainability goals and using reporting platforms are quickly becoming an expectation from every stakeholder in the plastics industry. Click here to read how M. Holland is working with more and more customers every year to incorporate sustainable materials into plastic products and further environmentally friendly practices.
We’re proud to share that M. Holland was named a finalist for the Manufacturing Leadership Awards in the Transformational Business Cultures category. Thank you to the Manufacturing Leadership Council for this recognition, and congrats to all 2023 finalists! Click here to read more.
Oil fell more than 1% Thursday on worries that economic stagnation will lead to lower demand over the summer.
Crude prices are on pace for a fourth straight weekly gain in mid-morning trading today, WTI futures were up 0.1% at $82.25/bbl, Brent was off 0.1% at $85.99/bbl, and U.S. natural gas was down 1.1% at $1.99/MMBtu.
PepsiCo took delivery of 18 Tesla semitrucks at its distribution center in Sacramento, California.
Renault entered a long-term commercial partnership with French startup Verkor to produce batteries for the automaker’s premium models.
Retail sales fell 1.0% in March and were revised downward for February:
Lower demand last week for Fed emergency credit to banks signals that strain in the financial sector is easing.
Analysts have cut their per-share earnings estimates for 13 of the largest U.S. banks by a median of 4% this year and 15% for 2024, citing impacts from last month’s turmoil that rocked the financial sector.
Tuesday’s fire at a Richmond, Indiana, plastics recycling plant is largely extinguished, but officials warned residents to keep doors and windows closed and shelter in place to avoid toxic smoke and fumes.
Industrial output in the euro zone rose a surprise 1.5% month over month in February, mainly due to a rise in production of capital and non-durable consumer goods:
European policymakers expect the bloc’s central bank to raise interest rates by 25 basis points in May.
India’s goods and services exports rose 6% in the fiscal year to March 21 while imports surged thanks to a 369.44% gain in imports from Russia.
Mexican air traffic is rising rapidly amid a boom in corporate “nearshoring” that is driving more relocation to the country.
Ukraine’s GDP likely fell by 29.1% last year following Russia’s invasion, officials said.
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