M. Holland has announced expanded access to 3D printing filaments from Braskem, a global chemical company, providing clients with access to polyethylene (PE) and glass fiber reinforced polypropylene (PP) filaments. Click here to read the full press release.
Are you attending the North American Detroit Auto Show this week? We invite you to join our networking reception at the Detroit Athletic Club on Thursday, Sept. 15, at 4 pm. To RSVP for our reception or set up a meeting with our Automotive team, please contact Mike Gumbko, Strategic Account Manager.
Market Expertise: M. Holland offers a host of resources to clients, prospects and suppliers across nine strategic markets.
U.S. consumer electricity prices rose 15.8% in August from a year ago, the biggest jump since 1981. Natural gas bills were up 33%.
The American Petroleum Institute says U.S. crude stocks rose by over 6 million barrels last week compared to forecasts for a draw. Government data will be released today.
The U.S. is not likely to start refilling emergency crude reserves until prices dip below $80/bbl, according to reports.
OPEC again raised output in August but remained well under target levels for the third month in a row, with steep production declines in Nigeria, Angola and Iraq. Saudi Arabia’s output surpassed 11 million bpd for the first time in two years.
Saudi Aramco’s chief says cyberattacks are among the greatest risks that the firm currently faces, on par with natural disasters or physical attacks.
More oil news related to the war in Europe:
Russia’s energy revenues shrank 13% in August to the lowest in more than a year as the nation was forced to sell discounted crude and squeeze gas flows to the West. Year-to-date, Gazprom has supplied 43% less gas to Europe but raised prices by three-fold on average.
The Mosquito Fire near Sacramento grew to almost 50,000 acres Tuesday with less than 20% containment, the latest in a string of wildfires caused by last week’s West Coast heatwave.
U.S. container imports in August, though down from the prior year, were up by double digits from pre-pandemic levels. Container imports are projected to fall 3.1% in the second half of the year from last year’s record levels, according to the Global Port Tracker.
Growing numbers of container lines are offering discounts to get shippers to maintain contracted volume commitments.
Maersk is poised to boost its orders for container ships capable of running on methanol.
Just over 271,650 intermodal loads were carried by U.S. railroads in the first week of September, 2.1% higher than a year ago for the first year-over-year increase since February.
Old Dominion Freight Line says less-than-truckload shipments were down 2.7% in the first part of the third quarter.
China’s semiconductor imports fell 12.8% in the first eight months of this year.
Pervasive drought in France devastated the nation’s corn production this year, with crop yields falling as much as 25%, according to estimates.
Brazil is ramping up soybean exports just as American farmers are facing hurdles in reaching overseas markets due to transport backlogs.
The U.S. reported 67,342 new COVID-19 infections and 358 virus fatalities Tuesday. With national reported COVID-19 cases down 24% in the past two weeks, only five states now have rising infection rates: Kentucky, Missouri, New York, South Carolina and Texas.
Citigroup and JPMorgan Chase are warning of a potential 50% hit to investment-banking fees this quarter as recessionary fears spook investors.
The U.S. median household income was flat last year at $70,800, new data shows, while a key measure of how many Americans lived in poverty fell to a record low thanks in large part to federal pandemic aid.
Starbucks raised its profit forecasts in announcing plans to spend up to $3 billion on buildings, labor and technology updates through 2025. The chain also plans to build 3,000 new stores in China, a 56% rise from current levels.
French aviation regulators are asking airlines to cut flight schedules in half on Sept. 16 due to a planned nationwide strike by air traffic controllers.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.
This cookie is installed by Google Analytics.
A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.
Provided by Google Tag Manager to experiment advertisement efficiency of websites using their services.
Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.
YouTube sets this cookie via embedded youtube-videos and registers anonymous statistical data.
Vimeo installs this cookie to collect tracking information by setting a unique ID to embed videos to the website.