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Covid-19 has reshaped commercial crime, and one lucrative offence taking a real turn for the worse is tobacco smuggling and counterfeiting. Keith Nuthall reports.

The Covid-19 pandemic has depressed incomes worldwide and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

The IFRS Foundation trustees have moved forward with their plan to develop global sustainability reporting standards, forming a working group to undertake technical work. It has been charged with focusing on enterprise value issues regarding sustainability assessments. It will also plan a potential international sustainability reporting standards board under IFRS Foundation governance.…

The coatings sector is increasingly paying attention to the needs of the textile industry, with its products being used in innovative ways to adapt the surfaces of fabrics to new technical requirements and changes in consumer preferences.

It is an innovative field and information on recent research and development was highlighted last month at a World Congress on Textile Coating (WCTC), held virtually between February 11-12 and 18-19 with dozens of presenters.…

Oil companies decarbonising their portfolios are getting out their cheque books for floating offshore wind projects.

Bottom-fixed offshore wind farms familiar in some places worldwide are generally limited to water no more than about 60 metres deep. Beyond that, it becomes economically unfeasible to connect the increasingly large turbine assemblies to the seafloor by either monopile or jacket foundations.…

While the antibacterial properties of textiles have been a trend in the fashion sector for some time, particularly for athleisure clothing integrating odour-limiting properties, Covid-19 has prompted many textile and fashion companies to conduct research and development into fabrics and clothing killing or harming viruses. …

There is no doubt that the Covid-19 pandemic has fuelled the black-market trade in illicit and smuggled licit tobacco products. The disease has depressed income and forced lower income smokers to look for cheap smokes, which has included counterfeits or smuggled goods.…

Mozambique’s tobacco leaf and processing sector is facing tough times. Cyclones such as this January’s Eloise, and Idai in 2019 have wreaked significant damage on tobacco plantations. Covid-19 has caused processing disruption and harmed legitimate distribution, encouraging an increase in black market cigarette sales.…

The world’s textile sector is focusing on China’s National People’s Congress, which congregated in Beijing’s Great Hall of the People last Friday (March 5) to start a ‘Two Sessions’ event to review and ratify the draft outline of the 14th Five-Year Plan (2021-2025).…

THE COVID-19 pandemic and travel restrictions that followed may have slowed down fibre development and innovation in the past year, but Singapore-based world’s largest viscose fibre producer Royal Golden Eagle, known as RGE Pvt Ltd, is forging ahead. A company statement sent to WTiN said that its “USD200 million investment commitment in next-generation textile fibre innovation [over 2019-29] is regardless of economic cycles.”…

The world’s clothing and textile sector is keeping a close eye on China’s National People’s Congress, which congregated in Beijing’s Great Hall of the People last Friday (March 5) in a ‘Two Sessions’ event to review and ratify the draft outline of the 14th Five-Year Plan (2021-2025).…