Search Results for: Germany

BY KEITH NUTHALL

THE EUROPEAN Union’s (EU) anti-fraud Commissioner has blamed member states for the EU accounts again being declared faulty by the Court of Auditors, the union’s financial watchdog. The court concluded in its assessment of the 2010 accounts that while they "present fairly the financial position of the European Union…the payments underlying these accounts were still affected by material error, with an estimated error rate of 3.7% for the EUR122.2 billion of EU spending."…

BY MJ DESCHAMPS

WITH the cost of raw materials for manufacturing rising rapidly, partly because of – but also in parallel to increasing energy prices worldwide, an industry that is both little known and very large is looking for ways to cut energy costs.…

BY MEGAN DETRIE and KACI RACELMA

THE IMPACT of the Arab Spring revolution has rattled though North Africa, leaving no economic sector unscathed – including the personal care products industry. Despite the fact that the growth of the cosmetics markets in countries like Tunisia, Egypt and Libya remains limited in lieu of the year of demonstrations and political upheaval, efforts are currently being made to boost the industry.…

BY MJ DESCHAMPS

GERMANY’s recent announcement that it will be phasing out all atomic plants in the country by 2022 following the Fukushima disaster has encouraged efforts to create a truly effective European Union (EU)-wide energy grid, according to some industry experts.…

BY MJ DESCHAMPS

EUROPEAN manufacturers are increasingly turning to developing countries for the precious metals and minerals needed to make mobile phones, computers, electric cars and more. However, a European Parliament vote backing a raw materials strategy that highlights the potentials of ‘urban mining’ might help create a more self-sufficient European mining industry.…

BY MJ DESCHAMPS

COMMONLY used in industrial and outdoor environments – and exposed to direct heat and ultraviolet light, PVC coatings can very easily be weathered; losing tensile properties, colour and durability. Coatings manufacturers and their clients are increasingly using heat stabiliser additives as a result.…

BY PAUL COCHRANE

THE WESTERN financial system is undergoing profound change, of weakened trust in the sector, heightened tax regulations, pressure to curb banking secrecy and tougher regulatory compliance. As a result, the owners of legal and extra-legal capital who are looking for a safe haven for their money are starting to consider destinations outside the established offshore jurisdictions – the less regulated financial centres of the Middle East and Asia.…

BY MINI PANT ZACHARIAH

GERMAN food giant Dr. Oetker entered India’s growing breakfast cereal market on Wednesday (September 21), with the launch of its muesli brand, Vitalis.

Now available in Delhi, Mumbai, Pune, Kolkata, Chennai, Hyderabad and Bangalore, Vitalis is imported from Germany and available in four crunchy variants, including raisins and honey and chocolate granola.…

BY KEITH NUTHALL

THE EUROPEAN Commission has removed an obstacle preventing Brazil-based Braskem from becoming the largest polypropylene producer in the USA – approving its purchase of Dow Chemical’s polypropylene business. Brussels, acting as the European Union’s senior competition authority, authorised the acquisition by Braskem America, Inc, the Brazilian chemical giant’s US subsidiary.…

BY MJ DESCHAMPS

GERMANY’s recent announcement that it will be phasing out all atomic plants in the country by 2022 following the Fukushima disaster has encouraged efforts to create a truly effective European Union (EU)-wide energy grid.

A new, unreleased – but confirmed – ‘non paper’ (a discussion paper) from the European Commission has also made the case for strengthening electricity interconnections in the face of Germany’s nuclear phase-out.…