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FIRE RETARDANT COATING INNOVATION STRONG IN THE USA
Increased demand for fire-retardant paints and coatings, and tighter regulations around the use of certain flame-retardant chemicals, is leading to a growing range of innovations in this sector. A wide range of such developments is emerging in the USA in particular, although European research is also ongoing.…
NORTH AFRICA HAS POLITICAL STRIFE, BUT PAINTS AND COATINGS SECTOR STILL GROWS
North Africa’s entire paints and coatings market is valued at about USD1.1 billion on approximately 0.5 billion litres of coatings, according to the International Paint and Printing Inks Council (IPPIC). Of this, nearly 60% of the market value and more than 75% of market volume is comprised of decorative paints and coatings, according to data collected for the IPPIC by US-based Orr & Boss Inc.…
GERMAN-MADE CARS TOP THE EU CONSUMER DANGER LIST IN 2014
GERMAN-made automobiles were the largest source of reports regarding potentially dangerous motor vehicles made to the European Union’s (EU) RAPEX consumer alert network in 2014, analysis of its data shows.
There were 194 notifications to the system relating to automobiles and parts last year, the fourth largest category following toys (650), clothing and textiles (530) and electrical appliances (217).…
NEW CHINESE INVESTMENT MAY HELP VIETNAM OVERCOME YARN DILEMMA
The Hong Kong unit of Luthai Textile Co Ltd, China’s leading producer of yarn-dyed fabric and shirts manufacturing, has informed its shareholders of a plan to invest USD150 million building a new Vietnam-based textile plant. The factory, whose location has yet to be disclosed, would have 60,000 spindles, with an annual output of 30 million metres of yarn-dyed fabric.…
INDONESIAN BATIK INDUSTRY ON COURSE FOR RECORD PROFITS IN 2015
THE INDONESIAN batik industry may be set for record profits in 2015, on the back of strong growth of both the domestic and export market in recent years, according to an industry insider. “Our turnover trade has approximately doubled in the last five years,” Dewanto Santosa, director of Batik Danar Hadi, said.…
CAREFUL PREPARATION IS BEST DEFENCE AGAINST KIDNAP RISKS FOR TRAVELLING EXECUTIVES
THE RISK of being kidnapped is a significant concern for those travelling for business to unstable and dangerous regions of the world. Yet, travellers can reduce these risks by following preventative measures and making smart plans, say business security experts. Elizabeth Machuca reports from Mexico City.…
SOUTH AMERICA PERSONAL CARE PRODUCT SALES WEAK IN 2014 AND 2015
SOUTH America’s personal care product sector has been is facing tougher times than usual – with some countries experiencing weaker sales last year and others faltering this year.
The region’s largest market Brazil is facing a rocky 2015, with a general slowdown in Brazil’s economy, expected to shrink by 1% in 2015.…
AUSTRALIA LAND INVESTMENT CONTROLS SPARK CONTRASTING FEELINGS IN DAIRY SECTOR
The Australian government has raised bureaucratic and regulatory hurdles that impede foreign investors from sinking money into the country’s agribusinesses, leaving the local dairy sector torn between the desire for growth and respecting Australia’s need to secure its food supplies.
Foreign money flowing into Australian rural businesses “has got to be investment that serves our national interest.…
EU ROUND UP - EUROPEAN PARLIAMENT CALLS FOR BETTER EU FRAUD CHECKS
THE EUROPEAN Parliament’s budgetary control committee has called for more thorough checks on European Union (EU) institution and budget spending. In a detailed resolution, it noted that while the value of EU frauds has been falling, the number of scams has been increasing.…
ABU DHABI AIRPORTS SIGNS NEW TECH SECURITY CONTRACT
Abu Dhabi International Airport operator Abu Dhabi Airports has signed a United Arab Emirate Dirham AED458 million (USD124.6 million) contract with US-based Smiths Detection to upgrade detection and baggage screening systems at the airport’s upcoming Midfield Terminal.
The enhanced hold baggage system will include a high-speed explosives detection system, combining X-ray technologies to produce high-resolution images of baggage contents.…