INEOS to build UK hand sanitiser plant

Petrochemical giant, NEOS, has announced plans to produce 1 million hand sanitisers per month to help with the European shortage.   These will be produced according to World Health Organisation specifications and be specifically designed to kill bacteria and viruses.   INEOS is the leading European producer of the two…

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OECD warns of long-term economic damage

The world will take years to recover from the coronavirus pandemic, the Organisation for Economic Co-operation and Development has warned.   Angel Gurría, OECD secretary general, said the economic shock was already bigger than the financial crisis.   He said it was “wishful thinking” to believe that countries would bounce…

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US agrees $1.8 trillion relief package

US President Donald Trump and the Senate have agreed a massive economic relief package worth more than $1.8 trillion.   The package includes money to bail out industries that have been affected by the coronavirus crisis.   Republican Senate Majority leader Mitch McConnell described it as a “wartime level of…

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