Search Results for: Morocco

BY KEITH NUTHALL, MJ DESCHAMPS, PAUL COCHRANE

MOROCCO is perfectly placed to be a major bio-based oils and fats exporter to Europe. It is of course very close – being separated from Spain by only nine miles of sea. And with its agriculture fed by plentiful sunshine and its rich fishing grounds, Morocco has huge potential to become a major oil and fat feedstock producer as well as an oils and fats manufacturer in its own right though its developed industrial sector.…

BY PAUL COCHRANE

IT has been a tough last few years for north African knitwear, clothing and textile manufacturers, but the signs are that the knitwear sub-sector is outperforming its woven textile partners. With the European Union (EU) the region’s primary export destination, the region’s manufacturers have been hit by the end of restrictive quotas on imports from China in 2008, and then by the impact of the global financial crisis when demand slumped.…

BY KEITH NUTHALL

THE TOWN of Asbestos in French-speaking Québec, Canada – named after the mineral that underpins its economy – is waiting to see whether its provincial government will approve a Canadian dollar CAD58 million (US dollar USD56 million) loan enabling an underground mine to tap an immense deposit.…

BY KEITH NUTHALL and ALYSHAH HASHAM

THE WORLD Bank’s International Finance Corporation (IFC) has agreed to invest Australian Dollars AUD 2.4 million (US$2 million) into a tin exploration project in Morocco, carried out by Australia mining company Kasbah Resources Ltd.

This Perth-based outfit is to undertake what it calls the ‘Achmmach Tin Project’, exploring and mining tin in El Hajeb province, northwest Morocco.…

BY KEITH NUTHALL, ANCA GURZU and DAVID HAWORTH

THE CONFECTIONERY manufacturing sector in the European Union (EU) has a new political boss in the shape of Romania’s Dacian Ciolo?, who became the EU’s latest agriculture Commissioner on February 10. Appointed amidst pledges he would be willing to use EU money to guarantee food production, he has promised to undertake a swift review of the EU’s reformed sugar regime.…

BY EMMA JACKSON, KEITH NUTHALL, ALAN OSBORN, PAUL COCHRANE and BILL CORCORAN

WEST Africa is becoming a key region in the booming trade of illicit cigarettes, counterfeit copies of premium brands and smuggled properly branded and manufactured sticks. So much money is being made by criminals using this often-chaotic region as a hub to receive illicit sticks and then distribute them throughout Africa that this trade is becoming a matter of serious concern to the United Nations and even NATO.…

BY KEITH NUTHALL

A YEAR of struggle would be the best way to sum up 2009 as far as the global clothing and textile industry is concerned. The depth and severity of the worldwide recession left many clothing and textile companies reeling, even impacting upon China, which had previously been dominating global markets.…

BY PAUL COCHRANE

MOROCCO’S 150,000 tonnes per year decorative paint market, worth Moroccan Dirham (MAD) 2 billion (GBPounds 157.4 million), grew by an estimated 5 to 8% in 2008, but plunged by 30% in December in the wake of the financial crisis, according to paint manufacturer Hempel Morocco (NOTE – SPELLING IS CORRECT).…

BY KEITH NUTHALL

THE EUROPEAN Union (EU) auto manufacturing industry has a good chance to grab more market share in Syria following a newly signed wide-ranging association agreement, slashing steep duties imposed on EU-made auto exports. Syria already imports a significant number of EU-made cars: according to the ACEA (European Automobile Manufacturers Association) in 2008, 7,241 (Euro 106 million’s worth) cars and SUVs were exported from the EU to Syria and this year, 3,427 (worth Euro 52 million) were sold from January to June.…

BY KEITH NUTHALL

NEW options for UK auto-dealers will come on stream as Europe’s economy recovers thanks to Euro 600 being sunk into production in Sweden and Morocco by the European Investment Bank (EIB).

It has been channelling money towards automakers this year to help them stay afloat in the recession.…