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IT has been a tough year for China’s growing economy, which has experienced some unexpected faltering in 2015, but facial care product sales have continued to surge ahead.

Retailers of these products have posted strong and sustained growth rates, increasing by 8% in the whole of 2014 to Chinese Yuan Renminbi – CNY142 billion (USD22.1 billion) and are estimated to have grown by another 10.2% in 2015, to CNY (also known as RMB) 156.4 billion, according to market researcher Euromonitor International.…

THE OIL and gas industry is preparing itself for regulatory challenges following the agreement on limiting climate change struck in Paris on December 12. In comments following the deal, industry organisations stressed the key role the oil and gas industry will continue to play as a key energy and product ingredient source, even as the world moves towards a lower carbon economy.…

The rise of hipsters and the appeal of the bearded lumberjack look, dubbed ‘lumbersexual’, in recent years has led to a rapid growth in beard and moustache care products sector worldwide. Specialty products such as beard oil and conditioners, as well as tools such as beard brushes, have become necessities for many men with facial hair.…

Much remains to be decided between Argentine and Chinese nuclear bosses over the fuel element to the USD12.8 billion proposed construction of two reactors by the China National Nuclear Corporation (CNNC). 
Argentina contracted the CNNC in February after a tender to help build the 800 megawatt electrical (MWe) Atucha 3 pressurized heavy water reactor, with construction work scheduled to start in 2016, although with discussions continuing on the plan, this might slip to 2017.…

Vegetable oil companies are rightfully concerned about the reputation of key feedstocks such as soy for good environmental and social sustainability. Bad news stories about poor pay, pollution and virgin land clearances can knock consumer demand for products and that is bad for business.…

A USD13 billion deal agreed by China to build two reactors for Argentina hinges entirely on the Chinese side putting up the financing, with a final arrangement on the cash deal to be inked in 2017. That’s according to sources in the Chinese nuclear industry.…

Although the final details of the Trans-Pacific Partnership (TPP) trade agreement have yet to be agreed, it is all but certain that the TPP’s free-tariff treatment for Vietnamese garments will see substantial amounts of yarn being shipped from US textile mills to garment factories in Vietnam, with the resulting clothing returning to the USA as finished ‘Made in Vietnam’ products.…

American pharmaceutical industry officials and trade groups remain cautiously optimistic that intellectual property (IP) negotiations with India can be resolved to the benefit of both nations’ medicine sectors. For now, however, India remains on a so-called ‘priority watch list’ of nations the US is urging to address key IP protection concerns.…

Myanmar has set a target for garment export earnings at USD2 billion for the 2015-16 fiscal year. “Myanmar’s export volume last year was USD1.46 billion – however we are yet to receive data from Germany and Latin America. Our expectation is that when we do, it will stand at USD1.5 billion,” said U Myint Soe, chairman of the Myanmar Garment Manufacturers Association (MGMA).…

Dairy producers in Mexico have turned to product diversification boost sales and avoid more profit losses caused by an increase in costs, weak purchasing power within lower income consumer groups and competition from non-dairy alternatives.
Beatriz de Llano, an analyst for market researchers Euromonitor International, said average unit prices in the sector rising by 7% annually in 2014, because of a rise in farm gate prices caused by cattle feed cost inflation – from MXN5.90 (USD0.38) per litre in 2013 to MXN6.50 (USD0.41) per litre in 2014.…