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10 results out of 813 results found for 'component/search/U.S.'.
EU OFFERS EUR140 MILLION FOR TEXTILES RESEARCH – MORE MONEY TO COME FROM 2023
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.…
EU COUNTRIES FAILING TO COMPLY WITH PUBLIC UBO REGISTER RULES
Long after the January 10, 2020, deadline set by the European Union’s (EU) 5th 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.…
IRELAND’S FISH FARMING EXPERTISE GIVES INDUSTRY EDGE IN GLOBAL MARKETS
The May (2021) acquisition by Irish animal health products firm Bimeda, of Seattle, USA-based AquaTactics Fish Health was low profile, but significant in highlighting Irish ambitions in the global aquaculture industry. The sector is growing globally, with production increasing to replace declining wild fishery stocks, in many cases fished to their maximum sustainable levels.…
GLOBAL MICROCHIP SHORTAGE PROMPTS ONGOING CONCERN OVER MANUFACTURING CAPACITY IN US AUTO SECTOR
GLOBAL ratings agency Fitch has warned that the current global shortage in semiconductor supplies is expected to continue – a major worry for automotive manufacturers and traders seeking to ramp up production as Covid-19 declines, especially as vehicles become ever more reliant on micro-chips.…
ROBOTICS POSE TOUGH CHOICES FOR TEXTILE SECTOR BUT ALSO OFFER MAJOR PRODUCTIVITY DIVIDENDS
INTRODUCTION
ROBOTICS are not new to the textile and clothing sector, and have driven productivity improvements for more than a decade. But these technologies are becoming increasingly more adaptable and more autonomous, offering the many stages in the textile and clothing and distribution chain the potential to increase margin.…
CHINA’S DIGITAL PRINTING SECTOR GAINING GROUND, READYING FOR ITMA ASIA
China’s digital textile printing sector has significant growth ahead of it – but it is expanding. Data from the Qianzhan Industry Research Institute, in Shenzhen, shows that the output of digital inkjet printing in China currently accounts for approximately 11% of total output of printed fabrics, far from Europe’s ratio of 80%.…
AML EXTRADITION PROCEEDINGS ARE COMPLEX AND UNEVEN TOOLS TO FIGHT DIRTY MONEY FLOWS
THE WIDE diversity of AML laws worldwide can complicate the enforcement of AML/CFT extradition proceedings.
Financial Action Task Force (FATF) recommendations 37 and 39 say that governments should be prepared to extradite money launderers (and terrorist financiers) to another country if they both criminalise the underlying predicate offence.…
COMPANIES MUST BEWARE OF CONFLICTING NATIONAL PROTECTIONS FOR EMPLOYEES WHEN LAUNCHING ANTI-FRAUD PROBES
EMPLOYERS who fear they are being fleeced by a corrupt employee or being hacked externally do not just need to find the attacker, they must comply with data protection and privacy protections while they conduct their investigations. Breaching such laws can undermine any criminal or civil case brought against a fraudster or hacker or can weaken inside dismissal and disciplinary negotiations with the offender.…
HOW CLOTHING FIRMS CAN PREPARE SUPPLY CHAINS FOR THE NEXT CRISIS
FASHION brands and clothing retailers have seen their supply chains struggle under lockdown measures imposed by governments trying to contain Covid-19. The shutdowns, of course, began just in time for 2020’s spring season, causing maximum disruption.
According to consulting firm McKinsey, 2020 was the fashion industry’s worst year on record, with a 90% decline in overall profits and almost three-quarters of registered firms globally making a loss.[1]…
TECHNOLOGICAL INNOVATION IN PREDICTIVE MAINTENANCE CAN PAY DIVIDENDS FOR TEXTILE SECTOR
INTRODUCTION
NEW technology can deliver effective maintenance strategies to clothing and textile manufacturers, helping them go beyond reactive and proactive maintenance, moving into the more sophisticated world of prediction. The goal is to deliver an optimum maintenance strategy that enables manufacturers to get the most value out of their plant and equipment by spending the least amount of time, resources and money to deliver effective performance.…