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.
A recent Plastics News article highlights M. Holland’s restructuring of its management team. Click here to read the full article.
2022 was a difficult year for supply chains, with 3D printing, Color & Compounding and Rotational Molding all weathering challenges to keep inventories up to date. Click here to read what M. Holland’s market managers had to say about their predictions for the three industries in 2023.
M. Holland announced the restructuring of its leadership team to support accelerated growth and the next phase of the company’s evolution. Click here to read the full press release.
Oil prices were mixed Monday, settling near their highest levels since early December.
In mid-morning trading today, WTI futures were down 0.6% at $81.10/bbl, Brent was down 0.6% at $87.69/bbl, and U.S. natural gas was down 0.4% at $3.43/MMBtu.
U.S. gasoline prices rose 32.7 cents the past month amid a rebound in crude oil, according to AAA.
The U.S. administration predicts Brent will rise from an average of $81/bbl in December to $83/bbl in the first quarter of 2023 due to Europe’s upcoming ban on seaborne imports of Russian petroleum products:
More news related to the war in Ukraine:
Benchmark European gas prices jumped Monday as demand increased amid a cold snap across the continent’s northwest.
The EU’s market regulators are warning about potentially adverse impacts from the bloc’s upcoming cap on gas prices, set to launch in mid-February.
The EU laid out multiple proposals aimed at overhauling its electricity market to better protect consumer energy bills from short-term swings in fossil-fuel prices, with a final plan set to be unveiled in March.
Johnson & Johnson’s fourth-quarter earnings fell 25% and revenues slipped 4% on a drop in sales of its COVID-19 vaccine.
The Conference Board’s widely tracked gauge of U.S. economic activity tumbled for a tenth straight month in December, including a weakened outlook for manufacturing, home building, job and financial markets.
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