Supply chain disruptions affected global growth by up to one percentage point, estimated the International Monetary Fund (IMF). In general, this occurs when the process flow involving any of the entities associated with the production, sale and distribution of specific goods or services is interrupted. The IMF estimated
Cemex reported that the technologies developed by its global research and development team are protected by more than 45 international patent families and more than 55 trade secrets covering new types of cement, cementitious materials, concrete mix designs, admixture formulations, construction systems and advanced manufacturing processes. In addition,
After a double-digit decline in 2020, announced greenfield projects in electronics and electrical equipment saw a remarkable 156% increase in 2021. These projects were hard hit during the first year of the pandemic by supply chain problems. Announced greenfield projects, by sector and selected industries, 2020-2021 Among the
Global GDP experienced a strong recovery in 2021, with estimated growth of 6.1 percent after a 3.1 percent contraction in 2020, the U.S. International Trade Commission (USITC) said. Emerging market and developing economies grew the most, 6.8 percent, followed by advanced economies, which grew 5.2 percent. In particular,
LG Energy Solution (LGES) and Honda Motor Co. announced Monday an agreement to establish a joint venture (JV) to produce lithium-ion batteries in the United States. According to a joint statement, the production is intended to power Honda and Acura EV models for the North American market. With
Mexico’s sugar exports go mainly to the United States and Puerto Rico, and to other destinations such as Morocco, Republic of Georgia, Colombia and Canada. In the current cycle still underway, from October 2021 to August 21, 2022, Mexican sugar exports totaled 1 million 944,765 tons. To the