Search Results for: Singapore

The Asia-Pacific region is a key driver of the world’s wood coatings market, accounting for 44.7% of worldwide sales in 2022, according to US-based Allied Market Research (1). These in total are significant and expanding, with US and India-based market researcher Fact.MR…

The clothing and textile sector is facing an onrush of detailed legislation and guidance from regulators worldwide focused on artificial intelligence (AI), which will shape how businesses adopt and use this powerful new technology. As is often the case in comprehensive regulation, the European Union (EU) has been a leader in approving legislation on AI, as the global clothing and textile industry increasingly explores and delivers ways to integrate AI into its businesses.…

As the fashion industry grapples with increasing consumer scrutiny and regulatory pressure to boost sustainability, the pursuit of environmental, social, and governance (ESG) goals has become paramount – but are brands on track? Major players in the industry, from fast fashion giants such as Singapore-based Shein to legacy brands such as Belgium-based C&A, are making strides to align their operations with sustainability principles.…

The fashion and textile industry is undergoing a major evolution, moving in just a few years from no legal framework to myriad sustainability regulations worldwide. And if clothing manufacturers want to meet legislative demands, the ability to trace all stages of their value chain is key.…

Bio-based oils and fats producers have an increasing business opportunity to supply feedstock to a booming bioplastics industry. While governments are proactively encouraging biodegradable bioplastics, following the United Nations’ Sustainable Development Goals’ (SDGs) policy of reducing standard plastics pollution (1), this green industry is still nascent.…

A new Australian research hub has embarked on a mission to address the environmental challenges posed by the textile industry with funding from the Australian Research Council (ARC). The sector is one of the world’s largest polluters: textile finishing and dyeing processes alone account for a staggering one-fifth of industrial water pollution worldwide and contribute 3% of global carbon emissions, according to a European Parliament report.…

Knitwear brands in the European Union (EU) face additional due diligence on their supply chains after the EU Council of Ministers and European Parliament backed a proposed EU regulation allowing regulators to ban products made wholly or partly with forced labour.…

The International Accounting Standards Board (IASB) has proposed a new comprehensive standard – IFRS18 ‘Presentation and Disclosure in Financial Statements’, designed to give investors more transparent and comparable information about companies’ financial performance. It introduces three defined categories for income and expenses – operating, investing and financing – and requires companies to provide defined subtotals, including operating profit, aiding comparisons.…

Textile factories need to start modernising immediately, not in the future – or they risk becoming obsolete in the face of new standards, new technology and increasing sustainability regulations a comprehensive European Union (EU) funded report has advised. ‘The Modern Textile Factory Report’ (1), compiled and led by Porto, Portugal-based Smartex, which offers digital and AI solutions to textile manufacturers with the aim of “empowering factories to produce with full traceability and zero waste” warned of an “approaching commercial and regulatory storm”.…

The number of companies producing spent bleaching earth oil (SBEO) as a biofuel feedstock has been increasing, but despite the opportunities that new regulations and technologies offer, logistics, the lack of feedstock and costs remain major challenges.

That utilising bleaching earths and clays is a good idea is clear.…