M. Holland is the headline sponsor for AMI’s Thermoplastic Concentrates in Orlando on Jan. 24-26. Stop by Booth #16 to speak with our experts and attend a talk on regulatory compliance changes by Christopher Thelen, M. Holland’s Senior Regulatory Specialist, on Jan. 24 at 4:20 pm.
M. Holland will be exhibiting at MD&M West in Anaheim on Feb. 7-9. Stop by Booth #4115 to meet our Healthcare team and discuss how M. Holland’s line of medical-grade resins can help you develop safe and effective medical products and packaging.
Oil rose slightly Tuesday after the U.S. government forecast record global petroleum consumption of 102.2 million bpd next year, driven by growth in India and China.
In mid-morning trading today, WTI futures were up 1.0% at $75.83/bbl, Brent was up 1.1% at $80.95/bbl, and U.S. natural gas was down 1.7% at $3.58/MMBtu.
U.S. crude stocks rose by almost 15 million barrels last week as refining activity continued to recover from Winter Storm Elliott, according to data from the American Petroleum Institute. Government data is due today.
Wholesale U.S. natural gas averaged $6.45/MMBtu in 2022, the highest level since 2008:
The solar division of South Korean conglomerate Hanwha will invest $2.5 billion to expand its solar panel plant in Dalton, Georgia, taking advantage of subsidies to boost domestic clean energy investment in the recently passed Inflation Reduction Act.
Bed Bath & Beyond saw sales decline 33% on its way to a $400 million quarterly loss. The retailer said it plans to lay off more employees amid growing expectations that it will enter bankruptcy.
GE HealthCare Technologies, which was spun off as a public company last week from conglomerate General Electric, expects organic revenue growth of up to 7% this year on robust consumer demand, even as inflation remains a concern.
Southwest Airlines started offering some one-way tickets for just $49 Tuesday as the carrier looks to make up for massive flight disruptions in late December.
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