The European Union enacted the Registration, Evaluation, Authorization and Restriction of Chemicals (REACH) regulation to protect human health and the environment from the effects of chemicals. Click here to learn more about what REACH compliance means for the plastics industry
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.
In mid-morning trading, WTI was down 0.6% at $88.45/bbl, Brent was down 0.6% at $94.38/bbl, and U.S. natural gas was down 2.2% at $7.88/MMBtu.
Active U.S. oil rigs fell by seven to a total of 598 last week, the first weekly decline in over two months. Weekly production was flat at 12.1 million bpd.
Shale drillers report increasing costs for everything from labor to raw materials and services, which could slow new drilling and production.
Hungary eased protections on native forests so that loggers can supply more wood for heating fuel, one example of the extreme steps some nations are taking to prepare for gas shortages this winter.
Northern California’s McKinney fire expanded to more than 60,000 acres Sunday with 40% containment.
France and Italy are in the midst of record-setting drought conditions, while unprecedented heat in England has led to discussion of water rationing.
Asian traffic through U.S. East Coast ports was up nearly 19% year-over-year in the second quarter as shippers avoid the West Coast in fear of a labor strike. Only 20% of ships are arriving on time on the East Coast due to rising congestion.
Nearly 2,000 dock workers at Britain’s biggest port of Felixstowe will strike for eight days on Aug. 21 in a dispute over pay.
The Baltic Dry Index for bulk shipping rates fell to its lowest level in five months in late July, indicating weaker markets.
Hapag-Lloyd raised its earnings guidance to as much as $20 billion this year, saying strong freight rates are offsetting flat container volumes.
Emirati port operator DP World saw a 2.8% increase in volume to 20.2 million TEUs across its global terminal network in the second quarter.
Canadian Pacific Railway’s net profit fell sharply to about $596 million in the second quarter despite a 7% increase in revenue.
Freight forwarder DB Schenker posted a 35% rise in second-quarter revenue while operating profit nearly doubled despite declining volumes across its services.
Less-than-truckload carrier Yellow bested Q2 forecasts on a 29.7% rise in revenue per 100 pounds shipped.
Foreign-trade container throughput at eight major Chinese ports rose 14.5% in July, accelerating from an 8.4% gain in June, while the port of Shanghai saw record volume.
Tech companies with inventory-management software are seeing booming business as more retailers embrace direct-to-consumer sales.
The U.S. reported 114,830 new COVID-19 infections and 393 virus fatalities Sunday. Elevated fatality levels make it less likely that the CDC will change masking, testing and isolating guidelines in its new report due this week.
The BA.5 COVID-19 variant now accounts for nearly 86% of known virus cases in the U.S.
The White House is expected to extend the state of emergency for COVID-19 into early 2023, marking its fourth year in effect.
The U.S. president left isolation Sunday, the first time he has left the White House in 18 days, after testing negative for COVID-19 twice since suffering a virus rebound last week.
Despite health officials greenlighting the use of COVID-19 vaccines for children aged six months to four years last month, only 4%-5% have received the doses, new data shows.
The U.S. Senate on Sunday passed a sweeping $430 billion spending bill intended to fight climate change, lower drug prices and raise some corporate taxes.
Most economists surveyed by the Wall Street Journal last month expect the U.S. economy to grow in the third quarter and in 2022 as a whole.
Despite the still-tight jobs market, major employers are reporting reduced turnover and greater success in attracting and retaining employees.
Nearly half of U.S. mortgaged properties were considered equity-rich in the second quarter, the ninth straight quarterly rise fueled by soaring home valuations and larger down payments by recent buyers.
Major hotel chains including Marriott, Hilton and MGM Resorts saw double-digit profit growth in the second-quarter on higher occupancy levels and an easing worker shortage.
Most U.S. news publishers and TV networks reported declining second-quarter ad revenue as ad buyers react to an expected slowdown in consumer spending.
Amazon will acquire Roomba vacuum maker iRobot for $1.7 billion, a further push into internet-connected home robotics.
CVS is seeking to buy Signify Health as it looks to expand its in-home health services, according to reports. An initial bid will likely be announced this week.
International Markets
COVID-19 cases in China spiked to 807 Sunday, with 504 reported in Hainan Province, where tens of thousands of tourists are stranded in lockdowns.South Korea reported 105,507 new COVID-19 infections Sunday, its sixth straight day of infections topping 100,000.
Russia saw 20,303 new COVID-19 cases Sunday, its highest since March.
Hong Kong is reducing mandatory quarantine for international visitors to three days from a week.
Weekly COVID-19 infections in Britain fell by over 500,000 each of the past two weeks.
Japan plans to roll out a new, Omicron-tailored COVID-19 vaccine as early as October.
Thailand announced that it will downgrade its classification of COVID-19 to a disease that “needs monitoring,” the same level as influenza, as the nation’s virus situation begins to stabilize.
China reduced the suspension time for inbound international flights on routes found to have COVID-19 infections to just one week in some cases.
China’s trade surplus rose to a record $101 billion in July as exports grew 18% year-over-year, easing some concerns of waning global demand.
India’s trade deficit widened further in July to a record $31 billion as high import prices combined with dwindling demand from major buyers like the U.S.:
Australia’s Qantas Airways is calling on some of its business executives to work as baggage handlers for three months at airports in Sydney and Melbourne to help ease staffing shortages plaguing the airline.
Over 1,000 pilots at Scandinavian airline SAS reached a contract agreement to end a strike that grounded almost 4,000 flights the past two weeks.
Japanese technology investor SoftBank saw a loss of more than $23 billion in the April-June quarter stemming from a global selloff in technology shares.
We and selected third-parties use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL third-party cookies. For more details about cookies and how we use them, read the full Data Privacy Policy.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience. For more details about cookies and how we use them, read the full Data Privacy Policy.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-advertisement
1 year
Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category .
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Cookie
Duration
Description
__cf_bm
30 minutes
This cookie, set by Cloudflare, is used to support Cloudflare Bot Management.
bcookie
1 year
LinkedIn sets this cookie from LinkedIn share buttons and ad tags to recognize browser ID.
bscookie
1 year
LinkedIn sets this cookie to store performed actions on the website.
lang
session
LinkedIn sets this cookie to remember a user's language setting.
lidc
1 day
LinkedIn sets the lidc cookie to facilitate data center selection.
UserMatchHistory
1 month
LinkedIn sets this cookie for LinkedIn Ads ID syncing.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Cookie
Duration
Description
_ga
2 years
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
_ga_S6SF7JZ2WY
2 years
This cookie is installed by Google Analytics.
_gat_UA-7828007-1
1 minute
A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.
_gcl_au
3 months
Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services.
_gid
1 day
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
CONSENT
2 years
YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
vuid
2 years
Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Cookie
Duration
Description
_fbp
3 months
This cookie is set by Facebook to display advertisements when either on Facebook or on a digital platform powered by Facebook advertising, after visiting the website.
fr
3 months
Facebook sets this cookie to show relevant advertisements to users by tracking user behaviour across the web, on sites that have Facebook pixel or Facebook social plugin.
IDE
1 year 24 days
Google DoubleClick IDE cookies are used to store information about how the user uses the website to present them with relevant ads and according to the user profile.
personalization_id
2 years
Twitter sets this cookie to integrate and share features for social media and also store information about how the user uses the website, for tracking and targeting.
test_cookie
15 minutes
The test_cookie is set by doubleclick.net and is used to determine if the user's browser supports cookies.
VISITOR_INFO1_LIVE
5 months 27 days
A cookie set by YouTube to measure bandwidth that determines whether the user gets the new or old player interface.
YSC
session
YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages.
yt-remote-connected-devices
never
YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt-remote-device-id
never
YouTube sets this cookie to store the video preferences of the user using embedded YouTube video.
yt.innertube::nextId
never
This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.
yt.innertube::requests
never
This cookie, set by YouTube, registers a unique ID to store data on what videos from YouTube the user has seen.