An armada of 20 oil tankers is booked to deliver U.S. crude to the Far East in December amid demand fueled by the region’s strong economic recovery and a favorable arbitrage between the price of American crude and Asian crude.
Westlake Polymers lifted its August 31 force majeure and reported that its Lake Charles, Louisiana, facility is back in full operation.
A potential logistics disaster awaits the U.K. on January 1 when the country officially exits the European Union, bringing fears of delays, bottlenecks and shortages in essential goods as the free movement of goods across the English Channel halts.
COVID-19 hospitalizations in the U.S. reached a record 93,000 on Monday, as more than a third of the country’s total cases since spring came in November alone. In California, hospitalizations increased almost 90% over the past 14 days, leading the state’s governor to warn of new restrictions.
New York is requiring hospitals to increase their bed counts and staff amid coronavirus infection rates not seen since May, as New York City reached a 4% positivity rate Monday.
COVID-19 cases among children are rising as a percentage of overall infections:
Studies of American Red Cross blood samples suggest that COVID-19 was circulating in the western U.S. in mid-December 2019, weeks before the virus was identified in China.
A little-known syndrome that causes dizziness and fatigue is helping explain the symptoms of some COVID-19 “long-haulers,” potentially opening the door to wider treatment options.
By providing a safety net for credit markets, the Federal Reserve’s pandemic-induced lending programs unlocked more than $2 trillion to support businesses, cities and states, the central bank’s top official said Monday. The programs are set to expire December 31.
Pfizer/BioNTech applied for formal approval of their COVID-19 vaccine today in Europe, opening the possibility for dissemination yet this year.
China is emerging as the top foreign market for companies that do business across Asia-Pacific, a result of a years-long trade war that has decoupled the U.S. and Chinese markets.
Japanese capital expenditures fell 10.6% in the third quarter from the year-ago period, the country’s second straight quarter of double-digit declines in spending on plants and equipment in the wake of weak private sector demand.
Mexico announced its second stimulus package in less than two months of more than $10 billion in infrastructure funding as the country seeks to accelerate an economic rebound.
Canada has been the most aggressive among its G-20 peers in applying fiscal stimulus to counter the economic impact of the pandemic, raising concerns about a longer-term fiscal crisis.
Canada plans to impose a new tax on digital services companies beginning in 2022 to help stem a budget shortfall, prompting threats of trade retaliation from the White House.
The Organization for Economic Cooperation and Development raised its outlook for the global economy in 2020 to a 4.2% contraction, versus its earlier estimate of a 4.5% decline, but lowered its projections for growth over the next two years and urged governments to continue stimulus efforts.
In a divergence with its struggling European neighbors, Germany experienced an unexpected drop in unemployment in November and a continued growth in industrial output on strong export demand.
Boosted by pre-Brexit orders from abroad, the U.K.’s industrial sector grew in November with the industrial purchasing managers index rising to 55.6 from 53.7 in October.
The French car market is expected to close the year down 26%, the lowest level since 1975.
With a third of the world’s passenger jets in storage, concerns are being raised about the proficiency of pilots who are taking their first trips after months without regular flying.
We are pleased to introduce M. Holland’s new Application Development Engineer for Sustainability, Debbie Prenatt. With 20+ years in the plastics industry, Debbie will focus on developing our portfolio and expanding our expertise in the Sustainability segment to better serve our clients.
Our latest Founders Series video is a tribute to Joan Holland, co-founder and matriarch of M. Holland, who recently passed away.
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We will provide further COVID-19 bulletins as circumstances dictate. For all COVID-19 updates and notices, please refer to the M. Holland website.