MH Daily Bulletin: December 21

December 21, 2022 • Posted in Daily Bulletin

News relevant to the plastics industry:

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  • M. Holland will be closed Friday, Dec. 23 and Monday, Dec. 26, in observance of Christmas.


Three countries provided almost 70% of liquefied natural gas received in Europe in 2021

Supply Chain

Domestic Markets

Americans Anticipate Economic & Environmental Trouble
United States Housing Starts

International Markets

Euro Area Consumer Confidence
  • Canadian retail sales rose by 1.4% from September to October, the biggest gain in five months, new data shows.
  • Orders for Taiwanese exports, a bellwether of global tech demand, tumbled 23.4% in November from a year earlier, the largest annual decline since March 2009:
Taiwan Export Orders
  • The World Bank approved an additional financing package totaling $610 million to address relief and recovery in Ukraine. The U.S.’s latest spending bill would direct an additional $45 billion to the country.
  • Amazon reached a settlement with the EU in three antitrust probes, saving it from a fine of up to 10% of its global turnover.
  • Canadian software firm BlackBerry said the sales cycles for its key cybersecurity business has grown longer, leading to flat sales in the first half of 2023.
  • The EU’s antitrust watchdog plans to open an investigation into chipmaker Broadcom’s planned $61 billion acquisition of American cloud computing company VMware.
  • Ethiopian Airlines, Africa’s biggest carrier, expects passenger business to recover to pre-pandemic levels in its financial year ending in June.
  • Ryanair reached a four-year pay deal with its Irish pilots’ union, including restoration of pay that was cut to help the airline through the pandemic.

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