Search Results for: Climate change

RUSSIA’S combined heat and power sector is poised to undergo a radical transformation that will use the open market to rejuvenate and update the industry, according to the country’s energy minister.

Speaking to the upper house of the Russian parliament, the Federation Council, energy minister Alexander Novak announced last November that creating a competitive market for combined heat and power (CHP) was a key priority.…

ACCA has called on the European Commission to propose extending the scope of mandatory use of international financial reporting standards (IFRS) within the European Union (EU), stressing the value created by IFRS in Europe and worldwide. Its comments have come in a Commission review of the impact of mandating IFRS for consolidated financial statements of around 7,000 EU companies whose securities are traded on a regulated EU market.…

Rising electricity prices and growing fears around security of supply are driving Russian industrial power users to construct their own onsite power and CHP (combined heat and power) plants. “On-site generation is known as a highly profitable option to improve industrial energy efficiency and for the industry to cover its own power supply needs,” said the European Bank for Reconstruction & Development (EBRD) in a 2013 report Unlocking Investment Opportunities in Industrial On-site Generation in Russia: “Russian industries are particularly attractive for combined heat and power production, since there are significant industrial heat loads available for CHP production.”…

MILK will remain “white gold” for Europe’s food sector during the next 10 years, despite the current market difficulties, according to the European Commission’s annual assessment of the industry’s prospects. The report was launched at a one-day conference in Brussels on Friday, December 5.…

While eastern Europe’s cosmetics sector seems in general to be emerging from its post-recession doldrums, the conflict in Ukraine has begun to significantly impact that country’s cosmetics industry. Analysts warn that tit-for-tat sanctions with Russia and uncertainty over the annexed Crimea and the future of the contested east of the country is halting investment.…

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.…

DEVELOPING medicines that reverse or even slow Alzheimer’s disease has proved to be a tough task for the world’s pharma sector, and it is looking for ways to ensure regulation does not pose an additional and maybe insurmountable barrier. A workshop on Alzheimer’s disease (AD), at the London headquarters of the European Medicines Agency (EMA), has heard from specialists debating the latest advances in understanding of the pathophysiology of Alzheimer’s and the discovery of disease-modifying treatment targets.…

AN INITIATIVE led by Europe-south east Asia trade promotion group EVAlliance is trying to transform Cambodia’s low-value added, largely subcontracting” garment making business and imports-dependent textile industry into making high-end goods with locally made textile input.”

The France-based textile and clothing industry group (its name means Europe Vietnam Alliance, but it covers other counties in the region) has released its goal in a new action plan and a two -year Memorandum of Understanding (2015-2016) in November with the Garment Manufacturers Association of Cambodia (GMAC).…

Laboratory tests conducted by Sweden’s National Food Agency (Livsmedelsverket) have given the all-clear on meat recalled by food group Axfood AB on November 19. The initial testing on beef products, which was supplied by Axfood to cash-and-carry outlets in southern Sweden, had indicated that the source meat was not beef.…

AROUND 140 billion cubic metres of associated natural gas from oil production is still burned off annually, according to World Bank analysis of satellite images from the United States’ (US) National Oceanic and Atmospheric Administration.
Flares light up the night sky in regions such as the Arabian Desert and America’s Bakken formation in North Dakota, where shale oil production is booming.…