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There is broad consensus among energy and environmental experts that carbon capture and storage (CCS) systems built at commercial scale must play a key role if governments are to achieve their 2015 COP21 (Paris Agreement) ambitions for limiting carbon emissions. “All credible scenario modelling shows that CCS will be essential to meeting the targets set by the Paris Agreement”, commented a report co-ordinated by the International Association of Oil & Gas Producers (IOGP) for a European Gas Regulatory Forum meeting, staged last June (2019).…

In a market long dominated by well-established players, the success of ‘masstige’ beauty brands, which combine elements of mass and luxury products, is creating fierce competition in the Gulf Cooperation Council (GCC) region. Consumers in the United Arab Emirates (UAE), Saudi Arabia, Qatar, Kuwait, Bahrain and Oman looking for skincare and cosmetics are increasingly shopping from South Korean brands such as Etude House, which opened a branch in Dubai Mall in 2018 and is known for its quirky kitsch products, and The Face Shop, which arrived in Dubai in 2008 and recently renovated its four concept stores in the city.…

NORTH Africa is a region where care for appearance, grooming and personal hygiene is integral to its cultural DNA, so while personal care product majors have a strong presence, it is maybe no surprise that local beauty manufacturers continue to bubble up with fresh ideas and products that capture the imagination of consumers.…

After 34 months of intensive work and investment of more than Israeli Shekels ILS12 billion (USD3.4 billion), the partners in the Mediterranean Sea Leviathan gas field project – the USA’s Noble Energy Inc, along with Israeli partners Delek Drilling, and Ratio – have announced the start of natural gas production from the reservoir, the largest energy project in Israel’s history.…

Sustainability issues are currently dominating the US paint and coatings industry with challenges and opportunities arising from stringent regulations and growing green markets, generating demand for environment-friendly business practices and sustainable consumer lifestyles. This change comes as the industry hopes for a fillip from the new United States-Mexico-Canada Agreement (USMCA), reforming North American trading arrangements, which has been hailed by the American Coatings Association (ACA) as “a win for America’s paint industry”.…

Artificial Intelligence (AI) and machine learning are being touted as game-changing solutions to improve the detection of financial crimes, including AML/CFT, but despite some promising results there are obstacles to roll-out, not least regulators’ ability to green-light new technologies as well as effectively utilise the data they produce.…

European food and drink exporters to China can be expected to face strengthened competition from American rivals in future, after a preliminary ‘phase one’ trade deal between the USA and China included the reduction in non-tariff barriers to exported US products, including for meat, poultry, seafood, rice, dairy, infant formula and food biotechnology lines.…

Airbus is to pay out EUR3.6 billion (USD4 billion) under a trio of deferred prosecution agreements (DPAs) with British, French and United States authorities that were simultaneously agreed by national courts January 31 as part of a global resolution over bribes to clinch civil and military aircraft sales.…

WITH Middle East dairy sales expanding steadily, dairy suppliers from around the world are targeting its consumers, hoping to gain a foothold in an increasingly diverse marketplace that is often open to innovation.

Dairy Industries International attended the 4th Global Dairy Innovation Congress MENA 2020, held in Dubai, the United Arab Emirates (UAE), from January 20-21, where participants were encouraged by sales projections as from market researcher Euromonitor International that the Middle East (and Africa) dairy market should expand at a compound annual growth rate (CAGR) of more than 3% between 2019 and 2023.…

ITALY’S cosmetic and personal care product market remained strong through 2019, with major players in the industry focused on strengthening digital retail and production strategies to further connect with consumers, while deepening their presence in foreign markets, particularly in Asia. 

The year 2019 was also dynamic in terms of acquisitions, with a handful of Italian BPC (beauty and personal care) companies buying businesses that specialise in new and different products to extend their reach in new product categories, both domestically and abroad.…