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Nigeria maybe troubled politically, but it remains a potentially lucrative market for industrial paints and coatings manufacturers. As with Kenya and South Africa, the country is undergoing rapid infrastructure developments creating demand for paints and coatings.
As this is oil-rich Nigeria, the focus of this action remains its fossil fuel pipelines, floating production storage and offloading (FPSO) vessels, offshore platforms, buoys, tanks, and refineries: “New projects announced in the oil and gas sector and allied industries in Nigeria are fuelling the demand for industrial paints and coatings products,” said Frost & Sullivan’s chemicals, materials & food industry analyst, Anthony Lawrence, in analysis released last year.…

North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…

EUROPEAN cigarette smuggling has evolved and diversified over the past ten years, and international cooperation is often the best way to counter them, argue European Union (EU) anti-fraud officials. Meanwhile, the tobacco industry has accepted that liaising with these initiatives does bring benefits.…

The European Parliament’s industry, research and energy committee has called for the maintenance of tariffs protecting energy intensive industries in the EU such as the ferrous metal sector following trade deal talks with the USA.
This committee is one of 14 that will be giving detailed opinions in the coming weeks on the negotiations to force a Transatlantic Trade & Investment Partnership (TTIP) agreement between the EU and USA.…

What do women really want? The USD40 billion Indian multinational the Aditya Birla Group, some five years ago, decided to unravel that mystery. The answer is Liva, Birla Cellulose’s first fabric brand that was launched at a gala event in Mumbai on March 27, 2015.…

The European Union’s (EU) executive, the European Commission has used its competition law powers to open up a multi-billion dollar race for the huge global market for intelligent chassis systems and advanced collision-avoidance technology. Its regulatory starter pistol has been the terms it has imposed on German firm ZF, of Friedrichshafen, for its planned acquisition of TRW, based in Detroit.…

With Britain facing deflation for the first time since 1960, with the trend likely to affect the economy, to a greater or lesser extent for the remainder of the year at least, wholesalers are facing uncharted territory. It may be true, as the business information and research company Nielsen claims, that the long decline in sales in the UK retail food sector is over.…

With Bangladesh’S economy set to continue growing and local cotton production expected to remain insignificant, cotton imports are set to double by 2021, said industry players and experts attending the country’s first Global Cotton Summit. The two-day event (March 20-21) in Dhaka, was jointly organised by the Bangladesh Cotton Association (BCA) and Bangladesh Textile Mills Association (BTMA).…

THE PAKISTAN government has launched a diplomatic offensive to improve trade relations with Turkey, which it hopes will enable its textile sector to win back Turkish market share lost after Turkey initiated safeguard measures against Pakistani textile products in 2011. Turkey introduced a special high 42.2% safeguard tariff (called MHF Cess) on Pakistani knitwear and textile garment exports to protect its industry.…

Pakistan’s ministry of textile industry has begun implementing a textile industrial policy for 2014-2019, despite concerns by manufacturers’ associations that it may fail to deliver on its goals. The ministry has set up committees to work toward achieving its targets and interacting with the industry to seek its input and support.…