Search Results for: Switzerland

THE INDUSTRIAL minerals mining and processing sector and its customers has an increasingly complex and global supply chain and as a result, international technical standards are growing in utility and importance. Where suppliers and retailers follow and require the use of international standards to guide their operations and products, there will be fewer nasty surprises, in orders and purchases.…

United States (US) President Donald Trump’s announcement, May 10, to slap 25% additional tariffs on plastics exports to China could increase opportunities for European plastics exporters, experts have told Plastics News Europe.

Mike Boswell, managing director of UK-based plastics products supplier Plastribution, said: “Sales could increase to the US, depending on which items, as US products will become more expensive because of duty barriers.”…

THE GLOBAL demand for lactic acid is growing, with the world market forecast to reach USD1.75 billion by 2020, on the back of an 8.6% annual gain for polylactic acid, according to data from international nutrition group Glanbia Ireland. So, it is encouraging to hear about the launch of the company’s first-of-its-kind bio-refinery project, that will turn low value by-products from the dairy processing industry into sustainable lactic acid among other by-products, and finally turn Europe to a net exporter of lactic acid.…

With a growing population of guanacos, a llama-like animal that runs wild in Patagonia, the Argentine government is analysing how best to produce and export the natural fibre it yields, at prices like those commanded by vicuña wool. But hurdles stand in the way of getting it right and there are concerns that the approach could backfire if sustainable practices are not

 in place. …

THE INTERNATIONAL clothing industry needs to take a holistic and assertive approach to fighting intellectual property theft and counterfeiting, which while can be easier to detect today, because of advances in data analysis, still poses a significant threat, an expert USA seminar was told.…

INTERNATIONAL efforts are under way to improve how airports can serve as effective humanitarian logistics hubs, reducing the risk that they become bottlenecks in disaster relief efforts. These moves follow research and a growing consensus in the air and aid sectors that while airports are undoubtedly a lifeline during crises, they can also hamper the efficient delivery of aid to victims.…

THE PASSING of the USD5 billion annual clothing export milestone by Sri Lanka is especially significant, says its industry association, because it has been achieved while maintaining an “ethical and reliable brand”.

The country’s total clothing exports reached USD5.05 billion last year (2018 calendar year), posting an annual gain of 4.97% year-on-year, Joint Apparel Association Forum Sri Lanka (JAAFSL) secretary general, Tuly Cooray told just-style.…

While the confectionery industry is traditionally associated with high sugar levels and unhealthy indulgence, market research indicates that efforts to also appeal to consumers with a growing interest in health and wellness trends are paying off. According to UK-based market researcher GlobalData, in 2016 alone USD3.7 billion worth of confectionery with functional or fortified attributes was sold globally.…

SWISS bank UBS has said it will appeal a judgement made by a Paris court that it should pay penalties of EUR3.7 billion and EUR15 million, plus civil damages of EUR800 million, for helping its French customers evade tax.

Le tribunal correctionnel de Paris found UBS guilty of illicit solicitation and laundering of the proceeds of tax fraud, having heard allegations about how UBS executives persuaded French depositors to move money to accounts in Switzerland – reducing France’s tax take.…

China’s Belt and Road Initiative (BRI) has been touted by Beijing as a ‘win-win’ for all actors involved in the sprawling infrastructure project that connects the Far East with Europe – but it could be a double-edged sword for Turkey’s textile and garment sector, warn experts.…