Search Results for: saudi arabia⊂mit=Search/page/64/index.php

THE INTERNATIONAL Sustainability Standards Board (ISSB) will start work in early 2022, based in Frankfurt, Germany, and Montréal, Canada, the IFRS Foundation Trustees have announced at the COP26 climate change meeting in Glasgow, Scotland. The trustees added that the new body would by next June (2022) incorporate the work of the Climate Disclosure Standards Board (CDSB) and the Value Reporting Foundation (VRF), which itself includes the Integrated Reporting Framework and the Sustainability Accounting Standards Board (SASB).…

Britain’s open register of beneficial ownership was groundbreaking worldwide but its effectiveness as a bulwark against money laundering is being debated, even as both the European Union (EU) and the US move ahead at varying pace to replicate the system. The question of whether BO registers should be open or closed is one that is being discussed in countries around the world.…

Oil-service provider Petrofac is to pay out a total GBP77 million (USD104.6 million) after pleading guilty to seven separate counts of failure to prevent bribery to win over GBP2.6 billion (USD3.5 billion) in Middle East contracts. In a case brought by the UK Serious Fraud Office (SFO), Her Honour Judge Deborah Taylor October 4 sentenced the Jersey-based contractor in Southwark Crown Court to pay GBP47,197,640 (USD64,208,613) in fines, a GBP22,836,985 (USD31,066,704) confiscation order plus the SFO’s GBP7 million (USD9.5 million) costs.…

Growth in demand for and production of renewable diesel is set to disrupt the global liquid fuels sector, with major increases in refining capacity being developed now. Renewable diesel has major potential as a transitional alternative energy source, because, unlike standard biofuels, in its highest quality form, it is chemically identical to fossil fuel diesel. …

The Taiwan Environmental Protection Agency (EPA) has initiated a revision of the island’s Greenhouse Gas Reduction and Management Law, partly to help paint and coatings manufacturers maintain access to the European Union (EU) market. The reform will take account of the EU’s planned Carbon Border Adjustment Mechanism, which may levy duties on products the EU deems have been made with excess carbon emissions.…

Global supply chain delivery delays and price tensions continue to disrupt Italy’s otherwise robust food can production sector. With profit margins squeezed, food canners expect prices to rise across the board for these long shelf-life food staples

According to Italian can manufacturing industry association ANFIMA’s most recent data, Italy produced 698,523 tonnes of rigid metal packaging (tinplate and steel) and 24,745 tonnes of aluminium packaging in 2020, up 3.6% and 7% from the same period the previous year, respectively.…

INTRODUCTION

Think of finishing and some consumers may conclude that integrating chemicals with or within fibres will always be the most effective way to create a performance or protective textile. But the reality is that applying coatings to textiles and yarns is anything but superficial as a finishing technique.…

The increasing decriminalisation and legalisation of cannabis as a recreational and medicinal substance has encouraged the liberalisation of hemp as a fibre crop, whose use in some jurisdictions had been restricted because of laws against the plant’s chemically-active ingredients.

This is starting to change, most notably in the USA, which used to have severe anti-marijuana laws, but which now has 18 states that have legalised recreational cannabis use.…

Production of a new drop-in biofuel that is truly user-friendly for the USA automotive industry – especially for trucks and larger pick-ups – is expected to boom in the next three years, as major refineries for ‘renewable diesel’ come onstream.

While it uses the same soy or other bio-feedstock as traditional biodiesel, the manufacturing process is completely different, and it is popular for automakers because it can be easily substituted for fossil fuels without changing combustion systems.…

INTRODUCTION

Textile and clothing companies are well aware of two major trends driving sales in the industry – sustainability and digitisation. One is driven by the need to adopt sustainable manufacturing processes and materials, to boost sales amongst environmentally conscious consumers and reduce financial and regulatory costs associated with pollution and carbon emissions.…