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THE EUROPEAN Chemicals Agency (ECHA) has announced new reforms to the European Union’s (EU) new biocidal products regulation, clarifying difficulties discovered in the original legislation, in force from last September (2013). Widely used in anti-microbial and insecticide-impregnated knitted fabrics, a new amending regulation for biocidal products in force from April 25 (334/2014) includes a new definition of biocidal product families by risk and efficacy.…

Nonwovens are taking on an increasingly important role in creating more sustainable vehicles, particularly in interiors, offering lightweight materials reducing fuel usage, recyclability, and the use of green feedstocks such as plant and waste food material.

The US-based global Association of the Nonwoven Fabrics Industry (INDA) estimates there was about 560,000 tonnes of nonwovens in global automotive usage in 2013, said Dave Rousse, INDA’s president.…

Concern about global excess steel-making capacity has intensified at the Organisation for Economic Co-operation and Development’s (OECD) steel committee, whose Paris meeting today and yesterday (June 5-6) has wrapped up this afternoon. Members were concerned especially that steel demand worldwide fell in the first quarter of 2014.…

Swiss stainless steel shapes maker Montanstahl AG’s first ever plant in Asia is likely to be set up in Sri Lanka, the company has told Steel First. “If the general conditions are satisfactory like industrial site, incentives, electricity supply, then we will invest,” Wolfgang Stumm, vice president who heads research and development in the family-owned business said. …

HELPING AND ADVISING EUROPEAN CONSUMERS SHOPPING AND TRAVELLING ABROAD

WHEN CAN ECC-NET OFFICES HELP YOU?

• Air travel

So much can go wrong: flights can be delayed or cancelled; luggage can be lost or damaged; and hidden fees can be charged.…

This year – 2014 – could be a watershed in the progress towards greater harmonisation of criminal justice measures throughout the European Union (EU) aimed at organised crime, corruption and money laundering.

A final report (2013/2107(INI)) last September (2013) by the European Parliament’s special committee on organised crime, corruption and money laundering (CRIM) provided detailed recommendations that were filtered and approved by the parliament’s plenary session late October.…

The importance of creativity in fuelling and underpinning economic development, especially within the financial sector, has been the focus of a roundtable discussion in Dubai involving 17 high profile female senior managers.

They listened to and discussed a presentation by Mark Batey, joint chair – psychometrics at work research group, Manchester Business School, at the Shangri La Hotel, in the United Arab Emirates (UAE) emirate, on May 12.…

There are fewer than 1,000 certified accountants in Afghanistan, of which less than 200 are Afghanistan in a country of 29.82 million says the American University of Afghanistan (AUAF), and there are no national accounting regulations. More than 30 years of conflict has left the country’s economy in shambles, and with foreign troops being withdrawn by 2016, developing the accountancy sector and its domestic regulations is a priority to underpin sustainable growth.…

There is nothing better for a financial professional to oversee the transformation of an innovative company from a small scrapper to a big player – and ACCA qualified Australia-based Paula Kensington knows how this feels.

She is CFO of Rubik Financial – a Sydney-based provider of banking software – whose revenue since the end of 2011 has increased by 200% and its share price multiplied, driving market capitalisation exceeding Australian dollar AUD150 million (USD140.39 million).…

Switzerland-based Nestlé is to further develop its personal care products following its planned acquisition of sole ownership over Galderma, its joint venture with L’Oréal. The European Commission cleared Nestlé to acquire sole control of Galderma on May 5. Galderma manufactures, markets and sells products including shampoos, soaps, bath, shower and skin care lines, noted a Commission statement. …