Search Results for: Turkey

EUROPEAN Union (EU) paint and coatings companies and their retailers have been warned products on sale from June 1 must be classified, labelled and packaged in line with the EU classification, labelling and packaging (CLP) regulation (1272/2008). If not, they will have to be reclassified, repackaged and labelled or withdrawn from the market, the European Chemicals Agency (ECHA) has said, noting that this deadline “marks the end of the transitional period for labelling mixtures.”…

THE MIDDLE East and Africa is certainly a promising regional market for nonwovens manufacturers, given the high level of economic growth in many countries and the rise of consumer-culture focused middle classes. But companies need to be sophisticated in their investment and sales tactics given the immense variety of economic and social fortunes experienced by countries in this most diverse region.…

GLOBAL knitwear outsourcing centre Bangladesh is expected to soon ratify the emerging market D-8 PTA preferential trade agreement, newspaper reports in Dhaka say, indicating the government may have loosened demands over rules of origin. Bangladesh has been pushing for its manufacturers to gain privileged access to D-8 markets (Iran, Indonesia, Malaysia, Pakistan, Nigeria and Turkey, as well as Egypt if it also ultimately ratifies), if 30% of value in a product is created within Bangladesh.…

THE EUROPEAN Food Safety Authority (EFSA) has launched a comprehensive study into the healthiness of consuming sugar, that could guidance telling consumers when to stop eating sugary foods, such as confectionery. An ad-hoc working group with expertise in dietary exposure, epidemiology, human nutrition, diet-related chronic diseases and dentistry will examine the issue, along with Denmark, Finland, Iceland, Norway and Sweden, which requested the work.…

Europe’s nonwovens producers again served up a solid performance in 2016 against the background of (uneven and) uncertain trading conditions for the industry. As usual, the just-published returns from EDANA, the representative organisation for the USD30 billion nonwovens industry in Europe, show some important national variations.…

AS the international glass market continues to recover from the global recession, experts predict emerging markets might be tempted to invest in plant development to manufacture their own flat glass rather than paying expensive import fees buying from one of the handful of major suppliers.…

THE BRAZILIAN government is taking urgent and comprehensive action to fight corruption and collusion between food inspectors and Brazil’s meat industry, an envoy to Brussels has told GlobalMeatNews.

The first secretary of the Brazilian mission to the European Union (EU), Henrique Choer Moraes, Moraes said that until now, technical analyses of the problem has not indicated risks to public health.…

This year’s Kingpins Show Amsterdam denim showcase heard that mills and consumers are driving technological innovation and design, rather than fashion houses. Recognition of the impact of social media on consumption; fabric wicking; as well as new blends and solutions devised to appeal to untapped consumer demands, were all highlighted.…

TURKEY’S automotive manufacturing sector is thriving, despite the political turmoil suffered by its home country political instability and war in neighboring countries, with the industry predicting an increase in exports this year.

According to data from the country’s Automotive Industry Association (OSD – Otomotiv Sanayii Derneği), of the USD142.6 billion dollars’ worth of goods and services exported by Turkey in 2016, around USD24.25 billion’s worth of these were manufactured by the Turkish automotive sector.…

THE DE-RISKING by major banks through cancelling correspondent banking relationships (CBRs) has started to raise such alarm that anti-money laundering institutions are starting to advise against such caution.

“There has been international pressure to make banks think twice about turning down customers and not just have blanket bans  on certain jurisdictions  or certain types of institutions,” said Sarah Ouarbya,  partner in Mazars, one of the UK’s largest accountancy firms and an international  specialist in audit, tax and advisory services.…