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Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russia Suspends Finland’s Gas Supply
May 26, 2022 – Russia has terminated gas supplies to Finland, the third country to be boycotted by Russian gas giant Gazprom to-date, after the country refused to make its payment in the Russian Ruble. TIP: Check out our Live Updates Blog to get current news…
COVID-19 Impact Updates | Industry News | Supply Chain
Grim Production Forecasts from China’s COVID-19 Lockdown
May 23, 2022 – After more than 6 weeks of strict lockdowns, China’s drop in industrial production and retail sales is far worse than what analysts have predicted. Worst Economic Fallout Since February 2020 The economic contraction is the worst felt in China since…
Industry News | Regulation and Compliance updates | Supply Chain
3M Factory Shutdown Could Rock Global Electronics Market
Chipmakers use a semiconductor-grade PFAS as a coolant during chip etching – and 80% of that came from a single 3M plant in Belgium. May 11, 2022 – Global chipmakers are facing a major issue with the shutdown of a 3M Company factory that produces…
Conflict Minerals Compliance | Industry News | Regulation and Compliance updates
CMRT 6.2 Available for Download
Updated May 11, 2022 – The Responsible Minerals Initiative (RMI) has released version 6.22 of the Conflict Minerals Reporting Template (CMRT). CMRT 6.22 contains Minor revisions to correct reported issues including those related to “Product List” tab. April 29, 2022 – The Responsible Minerals Initiative…
Industry News | Supply Chain | Ukraine/Russia Conflict
Poland & Bulgaria cut off from Russian gas
Gas dependency in Europe could cause disruptions in factory production May 10, 2022 – Russia will halt gas supplies to Poland and Bulgaria after the two countries refused to pay for supplies in the Russian ruble. Both countries receive a substantial amount of their domestic…
Event | Industry News | Supply Chain
Earthquakes Impact Taiwan Manufacturing
April 27, 2022 – A series of earthquakes have rocked Taiwan over the past several weeks. Most notably, Hualien, a large city on Taiwan’s east coast, was struck by a 6.7 magnitude quake that left one person injured and impacted the structural integrity of the Yuxing Bridge, causing it to collapse….
Industry News | Regulation and Compliance updates
Five New Substances added to EU REACH Authorization List
April 22, 2022 – The European Chemicals Agency (ECHA) has added five (5) new substances to the European Union’s REACH Authorization list, bringing the list up to 59 total entries. These new substances added to the Authorization list were “due to their reprotoxic, carcinogenic or endocrine-disrupting properties”….
COVID-19 Impact Updates | Event | Industry News | Supply Chain
List of China’s Factories Impacted By COVID-19 Surge
April 21, 2022 – Global concern continues to mount as COVID-19 spreads across China and city lockdowns shutdown factories. Production out of China has come grinding to a halt. Due to China’s Zero-COVID policy, factories and manufacturing hubs have been shut down, stranding ships in port…
Event | Industry News | Supply Chain
Japanese Earthquake Cripples Manufacturing
April 8, 2022 – On March 16th, a 7.4 magnitude earthquake struck off the northeast coast of Japan in Fukushima, leaving thousands without power. This deadly earthquake caused over 225 casualties and halted major business and infrastructure systems such as railroad transportation and manufacturing plants….
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russian Technology Sector Targeted by US Sanctions
April 8, 2022 – The U.S. Department of Treasury recently issued a new round of sanctions on the Russian Federation in response to its invasion of Ukraine, this time targeting the Russian technology sector. This new round of sanctions targets 21 business entities and 13…