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Russia’s annexation of Crimea and the continuing conflict in the east of Ukraine overshadowed international events last year. But Russia’s cosmetics industry has proved resilient and even maintained ties with Ukraine.

Despite the concerns and challenges, the forecasts for the calendar year 2014 are buoyant.…

CHINA’S huge cosmetics market remains a battleground for the world’s multinational personal care product players and they are still more than holding their own against local manufacturers and brands, especially in higher end segments.

The country’s overall cosmetics and personal care product market was worth Chinese Yuan Renminbi CNY274 billion (USD44 billion) in 2013, according to data provided by market analysts Euromonitor International.…

Plastic banknotes have been in circulation since their introduction in Australia in 1988 and the consensus so far seems to be that they do an excellent job of a key requirement – reducing counterfeiting. It may be that forgers will gain more expertise in time – faking is considerably more difficult on plastic than on cotton-based paper – but the initial reports from larger countries that have taken this route, such as Canada, Australia and New Zealand, have persuaded the UK’s Bank of England to follow them.

CLOTHING industry leaders in the USA met on Wednesday (Nov 5) in New York and considered whether America’s mid-term elections on the previous day had made securing agreement on the critically important Trans-Pacific Partnership (TPP) more difficult.

With the opposition Republicans taking control of the US Senate, and consolidating control of its House of Representatives, the task of President Barack Obama in securing special rights to ratify a deal got harder.…

Nobody has yet made a wholly compelling claim that for all the resources being devoted to fighting money laundering, regulators, law enforcers and businesses are winning the battle against it. Indeed, there is no consensus that the anti-money laundering (AML) establishment is even approaching the challenge in the right way by relying so heavily on the private sector.…

WITH just over 12 months to the launch of the Association of South East Asian Nations (ASEAN) Economic Community (AEC), experts anticipate that the European Union-style economic union will promote trades in industrial minerals.

The 10 ASEAN nations have been moving towards a more cohesive approach to minerals trading for many years.…

Rising incomes and a continued tightening of food safety enforcement is boosting demand in China for commercial packaged oils, with consumers moving away from the bulk oils that have dominated past markets.

Overall, while year-on-year growth in global oils and fats production has averaged 3% in each of the past two years vegetable oils sales in China will rise an average 16% per year in the period 2014-2018.…

THE EUROPEAN Union (EU) seems to have sparked a regulatory trend with its REACH chemical control system, with more and more countries in Asia adopting REACH-inspired chemical management laws. Thus textile finishing units, companies and suppliers will have to pay increasingly close attention to chemical regulations in Asia-Pacific countries such as China and South Korea.…

DOCUMENTS obtained by Confectionery Production from the European Union (EU) indicate that Ukraine has lost up to USD126 million’s worth of confectionery export sales to Russia this year, because of Russian trade restrictions.
EU briefing papers note that Ukraine has been complaining to the World Trade Organisation (WTO) since October 2013 about alleged “unjustified barriers to trade caused by the measures of the Russian Federation, in particular, on Ukrainian confectionery products.”…

Marcus Derwin, the new managing director at Australia’s largest privately-owned milk processing company United Dairy Power (UDP), has said the company will continue to trade, despite its parent entering receivership. This follows financier Rabobank forcing UDP’s parent company, Hong Kong-owned Five Star United Foods, into receivership on November 10.…