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RUSSIA is challenging the European Union’s (EU) third energy package at the World Trade Organisation (WTO), claiming its requirements for market access and unbundling break EU WTO commitments for open trading with other countries. Moscow is concerned the law will, for instance, allow competitors access to infrastructure such as the South Stream pipeline it wants to build across the Black Sea.…

THE INTERNATIONAL Trade Centre (ITC) and the Cambodian ministry of commerce are trying to revive Cambodia’s silk production sector, as the country is importing almost all its total 400 tonnes annual raw silk requirement.

Currently, only five tonnes of Cambodian silk, which is noteworthy because of its natural yellow colour, is produced in the country each year.…

CAMBODIA’S thriving garment industry could double its exports if the country’s local textile production is ramped up, Garment Manufacturers Association of Cambodia (GMAC) chairman Van Sou Ieng has told WTiN.

“The industry could expect an increase in export figures by 100%” if local textile and yarn production was expanded, Mr Ieng said.…

Bangladesh flat-steel product major Appollo Ispat has renewed a hot rolled coil supply memorandum of understanding (MoU) with Japan’s Nippon Steel & Sumitomo Metal Corporation and the Marubeni-Itochu Corporation.
“The demand for steel products is rising, even in rural areas,” Abdur Rahman, deputy managing director with Appollo Ispat Complex Ltd, told Steel First.…

Events in Ukraine continue to unfold in dramatic fashion: a government overthrown, Crimea annexed by Russia, pro-Russian separatists stoking unrest and grabbing government buildings in eastern Ukraine, and worries of a full-scale invasion. Weaved into these crises – and in many respects at the heart of them – is Ukraine’s oil and gas sector.…

Bangladesh steel makers are anticipating a rush of orders with the country beefing up efforts to implement new generation infrastructure projects involving billions of dollars. Government data indicates that more than USD13 billion will be invested in projects whose construction is planned over the next 10 years, ranging from a metro railway in the capital Dhaka, to elevated expressways, a deep-sea port and an underwater road tunnel in the southeastern port city of Chittagong.…

The Nordic paints and coating market is competitive and growing, being dominated by a handful of strong players headed by Tikkurila and Teknos in Finland and Jotun in Norway. In Dyrup, the region could boast a fourth major local player, although American corporation PPG Industries paid the Danish firm’s parent, Monberg & Thorsen, EUR115 million for the company in 2011.…

GROWTH in the global nonwoven consumer wipes market is set to slow over the coming years, although a number of trends are encouraging brands and manufacturers in particular product segments such as baby wipes and anti-bacterial surface care products. Meanwhile, a growing range of innovations are emerging focused on producing flushable wipes.…

MEAT processing grant Danish Crown has warned meat industry unions that the pressure to pay higher wages in Denmark at its Danish meat processing plants means most future fixed capital plant expansion and capacity investments will take place outside its home country.…

Parma ham consortia in northern Italy are to share EUR2.7 million in European Union (EU) funds over three years for a major EUR5.4 million promotion in the USA.

It is the single biggest award among 20 programmes that are to receive

EUR23 million in EU support over the period as part of an overall EUR46.5 million promotion of agricultural products within the EU and in non-EU export markets.…