MH Daily Bulletin: May 27

May 27, 2022 • Posted in Daily Bulletin

News relevant to the plastics industry:

At M. Holland

  • M. Holland is exhibiting during the WAI Operations Summit & Wire Expo on June 7-8 in Dallas, Texas. This event focused on wire and cable manufacturing offers industry forecasts, technical presentations, networking and more. Join us at Booth #621 to learn more about our supply solutions for wire and cable. 
  • Nick Chodorow has joined M. Holland as Chief Innovation Officer. In this role, Nick will lead efforts to enhance the company’s technology platforms and accelerate its digital journey. Click here to read the full press release.
  • M. Holland will be closed Monday, May 30 for the Memorial Day holiday.

Supply

Beneficial use of power sector combustion byproducts exceeded material disposed in 2020

Supply Chain

Domestic Markets

International Markets

  • Global COVID-19 infections and fatalities dropped a respective 3% and 11% the past week, according to the World Health Organization.
  • Shanghai unveiled more post-lockdown plans it will implement on June 1, while Beijing began imposing harsher punishments on workplaces that flout pandemic rules. 
  • Japan yesterday reopened its borders to tourist groups but not individual travelers for the first time since early 2020 and doubled its cap on overseas arrivals to 20,000 per day. 
  • New research suggests asymptomatic carriers of COVID-19 are about 68% less likely to pass the virus on than those who get sick. 
  • Economists predict Africa’s GDP will rise just 4.1% this year compared to 6.9% in 2021. 
  • Canadian job openings hit a record-high of over 1 million in March. 
  • Profits at China’s industrial firms fell 8.5% last month, the quickest decline in two years. 
Chinese Economic Indicators Tumble in Prolonged Lockdowns

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