During M. Holland’s recent Plastics Reflections webinar, our panelists discussed the macroeconomic factors influencing global and domestic economies — including what it means for suppliers, distributors and manufacturers in the plastics industry. In case you missed it, click here to gain access to the full recording.
A recent Plastics News article focuses on M. Holland’s distribution of Purell medical-grade resins from LyondellBasell. Click here to read the article.
Germany may have to pour another $39 billion into saving the country’s largest natural gas importer, Uniper, as its losses continue to mount. The government separately approved a $195 billion rescue package for soaring energy prices on Friday.
Container imports coming through U.S. ports are tumbling sharply after more than two years of surging demand. Combined imports into the ports of Los Angeles and Long Beach fell 18.2% year over year in September.
The American Trucking Associations’ truck tonnage index fell a sharp 3.8% from August to September.
Economic growth in the six-member Gulf Cooperation Council will remain strong but slow significantly next year as high oil prices hurt demand for the commodity, economists say.
The U.K.’s prime minister resigned after just six weeks in office, the shortest tenure on record, after her failed tax cut plan sent the country’s currency crashing and forced Bank of England intervention.
India’s economy will grow well below its potential over the next two years as the central bank’s rate hikes show little progress in easing price pressures.
Canadian home prices fell by a record 3.1% from August to September, led by sharp declines in Ontario.
Walmart’s Mexico unit posted a 10% jump in third-quarter profit despite rising logistics and labor costs.
Mexico’s Grupo Financiero Banorte, which owns one of the country’s largest banks and pension funds, raised its full-year outlook after a 30% surge in third-quarter profit.
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