Rise in commodity prices could boost Latin American economies

The increase in international prices of various raw Materials could boost the economies of developing countries Latin Americaaccording to an analysis by the Economist Intelligent Unit (EIU). The group’s analysis unit “The Economist” points out that although the price hike is having an impact on the region, aggravated by the war in Ukraine, there are … Read more

Inflation in the US soars and registers its highest year-on-year rise in 40 years | Economy

White House spokeswoman Jen Psaki repeatedly referred to high inflation as “Putin’s price gouging.” The year-on-year rate of inflation in USA it shot up in March to 8.5% -six tenths above that of February-, the Bureau of Labor Statistics reported on Tuesday. Is about the biggest year-on-year rise since December 1981that is, for more than … Read more

Klöckner Pentaplast: Increase in PET film volumes in North America

To be produced on the new extrusion line: PET blister film “knNext” (Photo: kp) The film specialist Klöckner Pentaplast (KP, Montabaur) has announced further details of its USA expansion plans: The packaging manufacturer will invest several million USD in the production and processing of PET and recycled PET films at its production facility in Beaver, … Read more

Elon Musk: If lithium does not lower its price, Tesla will dedicate itself to extracting it

american businessman Elon Musk suggested this Friday that Teslayour luxury electric vehicle company, will go into the business of extracting and refining lithium if the cost of this raw material that it needs to make batteries is not reduced. Musk, very fond of using the social network Twitter to comment on news and share his … Read more