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INNOVATIVE paints and coatings companies, and their suppliers, can from this month (July) explore applying for research funding from the European Union’s (EU) Horizon Europe programme, which has a budget of around EUR95.5 billion. This spending will last until 2027, with companies needing to form international consortia developing research on paints, coatings and chemical ingredients to have the best chance of securing funding.…

COVID-19 has been a challenge for many industries and the tobacco sector has been no exception, with the disease disrupting consumption and purchasing patterns that underpin profitability and turnover.

Countries where smoking is associated with socialising have been particularly vulnerable and a good example is Bangladesh, where the disease has depressed consumption, temporarily.…

With the United Nations security council backing the reappointment of António Guterres as UN secretary general for another five years, it is time to ask whether the global body’s political leadership needs a major overhaul.

The answer surely has to be ‘yes’.…

EUROPE’S FATF-style body Moneyval has raised serious concerns about AML/CFT standards among 19 of its members, with its 2020 annual report concluding their average compliance is “below satisfactory”. The jurisdictions assessed were Albania, Andorra, Armenia, Cyprus, the Czech Republic, Georgia, Gibraltar, Hungary, Israel, the Isle of Man, Latvia, Lithuania, Malta, Moldova, Russia, Serbia, Slovakia, Slovenia and Ukraine.…

Amid a backdrop of violence and instability, international fashion chains plan to begin placing orders from Myanmar factories in the hopes of bringing back employment and stability to a devastated industry. However, while this may seem like a ray of light in a dark time, many garment workers are not celebrating the news and fear what it might bring.…

The European Commission has published details of the first themed grant calls in Horizon Europe, its seven-year EUR95.5 billion 2021-7 research funding programme, including at least six with obvious relevance to the textiles industry. The six calls are worth around EUR140 million in total, to be spent over the course of 2021-2022.…

China’s ‘guochao’ trend is picking up ever more steam, and observers warn that it might push foreign clothing brands’ China sales out of the comfort zone before long.

Guochao, which literately translates into ‘national tide’, is mainly captivating China’s Generation Z, whose expenditure accounts for 13% of average household income, compared with 4% in France and Germany, according to a survey cited by the South China Morning Post in April.…

Long after the January 10, 2020, deadline set by the European Union’s (EU) 5^th anti-money laundering directive (5AMLD) (1) for member states to establish public ultimate beneficial ownership (UBO) registers, a Transparency International (TI) report (2) has alleged widespread non-compliance.…

Responding to the growing needs of an on-demand economy driven by small order quantities and nearshoring, Twinery – the innovation arm of Sri Lanka’s leading garment manufacturer MAS Holdings – has developed groundbreaking digital printing and coating solutions.

Last May (2020), Twinery introduced a new plasma-based chemical vapour deposition system adding coatings to textiles that offer functional benefits, such as water repellence, without using water.…

THE INTERNATIONAL Accounting Standards Board (IASB) is consulting on a new proposed comprehensive framework for companies preparing management commentaries to augment basic books, so this advice better informs investors. The IASB does not require accountants to release such additional analysis but warns that national regulators may require this going forward.…