Search Results for: China

THE EUROPEAN Union (EU) is funding an international research project that is developing new fast ways of making colloids – mixtures of one substance comprising insoluble microscopic particles suspended in another substance – the building blocks of most coatings. It is the nature of paints and coatings are that they are colloids – liquids that contain ingredients that give paints and coatings their colours, textures and functional abilities.…

ITALY’s paint industry is hopeful that the end of the country’s Covid-19 lockdown will herald a surge in business, interrupted by the pandemic. Gianni Martinetti, president of the Paints and Varnishes Group of AVISA, the adhesives and sealants, paints and varnishes and inks division of national chemicals industry association, Federchimica said: “The hope is that, after two very hard months of lockdown, we can start again with the same liveliness that was found in the first quarter of 2020.”…

Unsettling images of the Great Pacific Garbage Patch or pristine tropical beaches desecrated with debris have promoted the trend for plastics-free goods across a wide range of economic sectors, including nonwovens, pressuring industries and policymakers to respond to the problem.…

THE ASIA-Pacific region, even one-party states such as China, have developed legal protections for whistleblowers, although the comprehensive protection more commonly found in Europe is still usually absent.

South Korea is one jurisdiction leading the pack on developing robust whistleblower protections.…

The Indian  knitwear industry, a sector that exported USD7.5 billion’s worth of apparel in the financial year ending March 2020, according to the country’s directorate general of foreign trade, is undergoing severe stress induced by the Covid-19 related lockdown and resulting collapsing demand.…

THE ASIA nonwovens sector has been reaping the benefits of booming demand for protective medical materials during the Covid-19 crisis. But like the pandemic, this roaring demand will end, and nonwovens producers need to ready to a post-Covid-19 market.

This will mean reining in growth, but as David Price, founding partner of US-based management consultancy specialising in nonwovens Price Hanna Consultants, said, with regional nonwovens sales per person still low in global terms, the “market penetration for disposable and durable nonwovens in southeast Asia and China” is likely to grow regardless.…

With China turning from capital inflow to outflow amid Chinese companies’ global expansion programs, Chinese financial institutions are facing closer anti-money laundering scrutiny, as they, too, expand globally. Indeed, China’s top five banks had 1, 270 overseas branches at the end of 2017 (according to FATF (the Financial Action Task Force).…

THE NEW president of FATF, who took office on July 1, is planning to expand the global AML’s current focus on wildlife trade offences to other environmental crime, such as illegal logging, slash-and-burn cultivation and unlawful waste disposal.

Speaking to the MLB on July 2 in his first media interview after taking on this new role, Dr Marcus Pleyer, from Germany, stressed that the United Nations Environment Programme (UNEP) has said illicit proceeds from environmental crime could total USD259 billion annually worldwide.…

THE FINANCIAL Action Task Force (FATF) has confirmed high risk AML/CFT jurisdictions on its grey and black-lists have another two months to sort out their AML/CFT weaknesses because of COVID-19 – consideration of further blacklisting and additional measures will be postponed until that deadline.…

THE NORTH American – especially the USA – nonwovens sector, has this year had to content with two major external impacts – the US trade war with China and the Covid-19 pandemic. New statistics from the North Carolina, USA-based Association of the Nonwoven Fabrics Industry (INDA) have revealed a sharp decline in north American exports (including those from the USA, Canada and Mexico) to China from across north America (with the USA dominating) showed a fall in exports tonnage of 18.6% respectively year-on-year between 2019 and 2018, “led by declines in trade with China”, according to a memo from the organisation.…