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TÜRKIYE DAIRY PRODUCTION FALLS AS INDUSTRY STRUGGLES WITH INFLATION AND DEPRECIATING LIRA
DEMAND GROWS FOR SOLUTIONS MAKING MARINE COATINGS MORE SUSTAINABLE
Paint and coating companies worldwide are intensifying innovation as they seek to product anti-fouling products that are targeted, effective and avoid delivering environmental damage to seas, oceans, rivers and canals.
With sustainability reporting becoming mandatory in the European Union (EU) by 2026 and other countries mulling mandating International Sustainability Standards Board (ISSB) declarations, the pressure to make anti-fouling cleaner is growing.…
PAKISTAN GOVERNMENT, EXPORTERS HAVE CONFLICTING VIEWS ABOUT TEXTILE INDUSTRY’S FUTURE OUTLOOK
Prospects of a bumper cotton crop on Pakistan this year (2023) and a planned extension to December 2027 of the country’s European Union (EU) GSP+ trade benefit status has raised hopes for increased sales by the Pakistan clothing and textile sector within the country’s government (1).…
ETHIOPIAN GOVERNMENT, ANALYSTS PESSIMISTIC ABOUT COUNTRY’S REINSTATEMENT INTO AGOA IN 2024
Ethiopia government and analysists are both pessimistic that the US government will soon reinstate the Horn of Africa country into the African Growth and Opportunity Act (AGOA). America suspended Ethiopia from the free trade act in late December 2021, because of the ongoing civil war with the rebel Tigray People’s Liberation Front (TPLF).…
HIGH INDIAN TEXTILE COMPANY OFFERS VISION OF INTEGRATED DIGITAL PLATFORM LINKING CLOTHING MANUFACTURERS
A wide variety of small garment orders for manufacturers could be made practical to manage through newly created digital systems developed in India, which can also reduce waste and conserve the environment.
“From growing cotton to dying fabric, 6,000 to 7,000 litres of water is spent on making one garment and eventually 30 percent of [apparel products] end up in landfills,” Gunish Jain, CEO of BlueKaktus, a fashion technology and garment manufacturing company, based in New Delhi, told Twinn, “Big brands have been ordering far in excess of their requirement but that is now changing.”…
EU APPROVES EUROPEAN CAPITAL MARKETS UNION LAWS, BUT DEEP CAPITAL POOLS AWAIT
The European Union (EU) has been busy chiselling the regulatory edifice of its much-vaunted European Capital Markets Union (CMU), but this growing legal framework has yet to deliver the deep capital pools that its framers envisaged.
Indeed, speaking at the European Banking Congress, in Frankfurt, on November 17, European Central Bank (ECB) president Christine Lagarde, bemoaned the lack of available EU capital (1):
“Today, European start-ups attract less than half the funding of their US counterparts, while the volume of investments in scale-ups in the United States is more than four times greater than in Europe,” she stressed.…
PARTS MAKERS WORLDWIDE FACE LOSS OF BUSINESS DURING TRANSITION TO EVs
Auto parts manufacturers worldwide are assessing the impact on their businesses of the shift to electric vehicles (EVs) from internal combustion engines (ICE), given EVs need fewer components, reducing demand. Most assessments say that there are about 20 moving parts in an electric engine, compared to 2,000 in an ICE (1).…
TALLOW SALES EXPECTED TO GROW, DESPITE SOME PUSHES AGAINST MEAT PRODUCTION
The global market for tallow, traditionally a common ingredient in the production of soaps, detergents, and lubricants, is undergoing considerable movement, driven by rising consumption of meat products coupled with the rising usage of tallow in the pharmaceutical, cosmetic, biofuels and feeds industries.…
IRAN SANCTIONS EVASION PERSISTS AS UN-BASED NUCLEAR RESTRICTIONS LAPSE
Implementing international sanctions is never easy, but the sanctions regime on Iran is highly complex, buffeted by shifting diplomatic stances. With its Security Council ally Russia relying on Iranian military and technology supplies for it to pursue its invasion of Ukraine, time-limited UN restrictions on Iran’s nuclear programme officially lapsed on October 18.…
EU MEMBER STATES FAILING TO COMPLY WITH WHISTLEBLOWER LAW
European Union (EU) member states are failing to comply with the bloc’s 2019 whistleblower protection directive (1) and two – Estonia and Poland – have not implemented the legislation at all, according to a new report (2) from Transparency International. ‘How well do EU countries protect whistleblowers?…