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Growth in demand for and production of renewable diesel is set to disrupt the global liquid fuels sector, with major increases in refining capacity being developed now. Renewable diesel has major potential as a transitional alternative energy source, because, unlike standard biofuels, in its highest quality form, it is chemically identical to fossil fuel diesel. …

The Taiwan Environmental Protection Agency (EPA) has initiated a revision of the island’s Greenhouse Gas Reduction and Management Law, partly to help paint and coatings manufacturers maintain access to the European Union (EU) market. The reform will take account of the EU’s planned Carbon Border Adjustment Mechanism, which may levy duties on products the EU deems have been made with excess carbon emissions.…

Researchers from England’s Lancaster University and Aston University, plus the Jožef Stefan Institute, Ljubljana, Slovenia, have developed a technique of making textile additives from spent nuclear fuel. They argue the system offers economic and environmental gains regarding the processing of waste, as well as substituting sodium dithionite, which can help form toxic gases.…

Ireland’s burgeoning medtech sector has supported changes in the latest Irish government budget, announced on October 12, which could boost investment and start-ups in this globally important Irish industry. The Fianna Fail-Fine Gail-Green coalition unveiled reforms to the country’s Employment Investment Incentive (EII) scheme, which grants tax exemptions to investors in industries such as medtech.…

The European Union (EU) has at last, after five years of debates, finalised a country-by-country reporting directive designed to force multi-nationals to reveal publicly what profits they make, and taxes they pay, in each country of operation. The goal is to stop multinationals hiding behind consolidated group financial reports that conceal when they might pay taxes in low tax jurisdictions where trading may be light.…

Accountants are grappling with the implications of El Salvador formally adopting Bitcoin (BTC) as legal tender on September 7, alongside USD, which has been the country’s legal tender since 2001, when the country withdrew its national Colón currency.

While USD will remain the most important currency in El Salvador, remaining the reference currency for accounting purposes, with greenback banknotes and coins still circulating, the Bitcoin Law that established the cryptocurrency in El Salvador (1) will be a challenge and opportunity for businesses.…

THE FINNISH can manufacturing industry has been growing, with new production coming online in the past 10 years to diversify a sector that is able to draw on effective access to raw materials and a highly skilled workforce.

Both Rexam (now part of Ball) and Poland-based Canpack operate efficient Finnish can-making plants.…

The lorry driver shortage in the UK has grabbed headlines, with concerns raised that Britain’s Brexit from the European Union has worsened the problem. And while that is almost certainly true, the shortage of drivers willing and able to take on commercial haulage jobs is far from being a Britain-only challenge.…

Global supply chain delivery delays and price tensions continue to disrupt Italy’s otherwise robust food can production sector. With profit margins squeezed, food canners expect prices to rise across the board for these long shelf-life food staples

According to Italian can manufacturing industry association ANFIMA’s most recent data, Italy produced 698,523 tonnes of rigid metal packaging (tinplate and steel) and 24,745 tonnes of aluminium packaging in 2020, up 3.6% and 7% from the same period the previous year, respectively.…

A protracted delay in announcement of a long-awaited government Pakistan Textile Policy 2020-25, despite drafts being debated for more than a year, is causing unrest and disappointment within the country’s textile business community. They say investors are being deterred from sinking much needed money into the country’s textile industry in the absence of any clear sectoral government policy.…