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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.

THE EUROPEAN Medicines Agency (EMA) has released guidance on the maximum amount of three phthalates that should be allowed in pharmaceuticals, because of safety concerns. These plasticisers – diethyl phthalate (DEP), polyvinyl acetate phthalate (PVAP), and dibutyl phthalate (DBP) – can be used to make medicine capsules.…

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.…

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.

CHINESE President Xi Jinping’s prominent ongoing anti-corruption, anti-money laundering campaign has been worrying mainland Chinese citizens who seek to move ill-gotten wealth from mainland China to China’s Special Administrative Regions Macau and Hong Kong. These two jurisdictions are China’s major conduits for dirty money because, once the money has been moved there, there are no limits on outbound money transfers.…

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.”…

THE WRITER’S Union of Canada is calling for a number of tax breaks for authors in its submission to the Canadian government’s consultation for framing a federal budget, to ease what it regards as instability and increased industry pressure on writers.…

THE ALCOHOL industry should withdraw its court case against Scotland’s plan to introduce minimum pricing per alcohol unit and allow five years for it to be trialled, said Donald Henderson, head of public health at the Scottish government.

“Let us do it for five years and if we fail, so be it,” he said, speaking at the European Alcohol Policy Conference in Brussels today.…