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THE EUROPEAN Union (EU) paint and coating sector will be keeping a close eye on plans to craft a new EUR94.1 billion Horizon Europe research and development programme operating from 2021 to 2027. These major EU research budgets fund innovation in the sector involving companies from different countries within the EU – proposed industry and natural resources priority spending sections in the 2021-27 programme may especially promote paint and coating studies.…

SUPPORTERS of the European Union (EU) as a political concept stress how it has the vision, and the money, to promote energy projects of common interest (PCIs) between its (for now) 28 member states. Their goal is to promote an effective continent-wide energy market that offers European citizens more security in their supply of gas, electricity and to a lesser extent oil.…

EASTERN Europe is always a tough market for major paint and coating manufacturers to crack, containing multiple national markets, some in the European Union (EU), some outside, and all with differing cultural and language requirements for marketers to master.

Poland, with its 38 million population and robust economy (projected by the World Bank to grow at 4.2% this year – 2018), remains the region’s most important market, with researcher Euromonitor International saying that Polish paint and coatings sales were worth Polish Zloty PLN1.29 billion (USD352.7 billion) in 2017, up slightly compared to the PLN1.25 billion (USD342.5 billion) sold in 2016.…

Signs of an accelerating relocation of garment investment from China to the Philippines are emerging, amidst the US imposing an additional 10% duty on textile and some clothing products from China. The Chinese government retaliation of an additional 25% duty on US cotton imports making raw material sourcing for China-based manufacturers more expensive has also raised the cost of doing business in China.…

Seeing strong growth in China’s adult-targeted, ready-to-eat (RTE) breakfast cereals sector, global cereals manufacturers are speeding up new product launches in China to stay competitive. Nestlé, for example, introduced Fitness Granola into China last May (2017), initially via its online stores.…

THE CHINESE market for breakfast foods, long dominated by its varied traditional meals, is starting to open to international options – and branded food manufacturers are taking note.

China has long seen a rich variety of foods being consumed at breakfast – congee and dumplings are favored by people in the south, while people in the north enjoy buns and noodles.…

UK courts handled record volumes of fraud in the first six months of this year (2018), with some 252 cases involving an alleged GBP895 million (USD1.15 billion) in losses, according to the latest research by KPMG Forensic. The figures follow 2017’s record-breaking value of fraud hauls – which KPMG is now confirming was GBP3.6 billion (USD4.6 billion), the largest value in the 31-year history of KPMG’s UK Fraud Barometer, that measures cases involving at least GBP100,000 (USD129,000) in losses.…

China seems to have given the world nuclear industry back its mojo this summer with two big moves: the signing in June of an order for four Gen 3+ VVER-1200 reactors from Russia’s Rosatom. This certainly got the bubbly flowing at the World Nuclear Exhibition, in Paris, in late June, following two years of sluggish investment in this globalised industry.…

DEBATES are now underway at the European Union (EU) on a proposed revamp of the EU Common Agricultural Policy (CAP), a programme for 2021 to 2027 that would exclude Brexited Britain. As a result of losing UK contributions to the EU from next March (2019), funding for the CAP would fall by around 5% to EUR365 billion, with EUR265.2 billion spent on direct payments for food producers, EUR20 billion for market price support measures and EUR78.8 billion for rural development.…

With a historic heat wave plaguing the Korean peninsula since the middle of July, killing at least 29 people and hospitalizing 2,300 others with heat-related illnesses, it is little surprising that suncare product sales have been booming in South Korea.

And while traditional sun protection products such as parasols and straw hats have sold well – July sales up 83% and 37% year-on-year respectively, according to local e-commerce website Auction, (www.auction.co.kr),…