UK manufacturing sector suffers worst slump in 8 years
The UK’s manufacturing output fell at its fastest rate since 2012 in March, data from HIS Markit/Cips purchasing managers’ index (PMI) has revealed. The COVID-19 outbreak has been blamed from the slump, causing broken supply chains and a significant decline in demand. The index fell to a three-month low of 47.8 in March, down from……...
Hydro donates former employee quarters in Brazil for use as field hospital
The Albras aluminium plant, part of Hydro’s value chain in Brazil, has announced that they are to donate former employee quarters for use as a field hospital in the community of Barcarena. The nearly 4,000-square-meter building consists of 36 apartments with individual bathrooms, and common areas for laundry, cafeteria and bathrooms. The municipal administration will……...
ACCC approves AB InBev’s proposed sale of CUB to Asahi
Anheuser-Busch InBev have been given the go ahead by the Australian Competition and Consumer Commission (ACCC) to sell its Australian subsidiary Carlton & United Breweries (CUB) to Asahi Group Holdings Ltd. Asahi Group have agreed to purchase CUB for 16 billion AUD, equivalent to approximately 11 billion USD. The nod from the ACCC is a……...
Henkel provides extensive global support during COVID-19 pandemic
Henkel has announced the launch of a comprehensive global solidarity programme to support employees, customers and communities facing the global COVID-19 pandemic. The programme includes a sizeable monetary donation and additional initiatives aimed to assist in the fight against COVID-19. Henkel have made a donation of two million Euros to WHO/UN Foundation fund and other……...
Flint Group Packaging Inks Europe announces a solvent surcharge
Flint Group Packaging Inks Europe today have announced the implementation of a solvent surcharge for its solvent-based inks and coatings in Europe, effective 1st April 2020. The surcharge will be implemented as soon as possible and will vary depending upon the specific product portfolio and commercial terms each customer has in place. The surcharge will……...
AkzoNobel suspends 2020 financial ambitions
AkzoNobel have paused key parts of the company’s transformation and suspended its 2020 financial ambitions in response to significant market disruption caused by the COVID-19 pandemic. Once markets normalise, AkzoNobel will resume its programme of transformation to ‘drive performance in line with industry frontrunners’. Similar to other firms in the industry, the company is taking……...
Coca-Cola Foundation awards £13.5m in grants to support non-profits across the US and Canada
The Coca-Cola Foundation, the philanthropic arm of The Coca-Cola Company have announced it is to award an additional $13.5 million in grants to five non-profit organisations that are working on the front lines of the U.S. and Canadian humanitarian response to the coronavirus pandemic. The grants will support organisations focused on providing relief to first……...
Coronavirus detected on stainless steel up for up to 72 hours, says study
A study from Princeton University and the USA National Institutes of Health (NIH) has claimed that COVID-19, more commonly known as Coronavirus, could be detected for up to 72 hours on stainless steel after it first came in contact with the metal. However, the authors have said that caution should be exercised when examining the……...
Commercial Director at Colep, José Delgado, passes away
Colep has announced the passing of a “much-loved and valued” member of its team. After a short natural illness, José Delgado, who had spent 25 years working with the company, passed away on 22 March. “Colep announces with deep sadness that we have lost a much loved and valued member of our team. After a……...
IMDPA Conference and Golf Outing for this May, 2020 in Oak Brook IL has Been Cancelled
The IMDPA has been cancelled please see their recent statement below. We have been monitoring the situation and working with the Hilton Hotel in Oak Brook IL to determine if it was practical to proceed and successfully hold the conference this May. We have determined given the current COVID-19 crisis, it is in the best interest for……...
