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Many of European Union’s 27 member states appear to have been dragging their feet when implementing a key provision of the fifth anti-money laundering directive (5AMLD) (1), setting up a public ultimate beneficial ownership (UBO) register.  The registers should have gone live for the corporate world on January 10, 2020, and two months later on March 10 for trusts.…

SOUTH Africa’s paints and coatings industry has been struggling though the particularly tough Covid-19 lockdown imposed by the country’s government, which saw its manufacturing plants and most paint retailers closed from March 26 until May 1.

What made this order worse was that from March 26 until May 1, homeowners were told to remain at home except for essential purchases, making it hard for them to help each other with renovations, swapping decoration equipment and more – preventing many from undertaking renovations during this enforced time off.…

IT is maybe not a common occurrence for the tobacco industry to find itself on the right side of judicial rulings, but in December, South Africa’s Western Cape High Court ruled that a four-and-a-half month national ban on sales of tobacco products, justified to prevent the spread of Covid-19, had been unconstitutional.…

The Peruvian alpaca-based fabric industry is targeting a robust post-Covid 19 recovery by strengthening its international relationships through strategic alliances. Also, by focusing on innovation, this speciality wool segment is also trying to reverse declines in production and exports worsened by claims of cruelty by alpaca farmers made by USA-based campaign group PETA (People for the Ethical Treatment of Animals).…

In the car of the not-too-distant future, Japanese vehicle technology developer Kyocera Corp believes the dashboard, the engine bay, the front wheels and the front pillars of the vehicle will effectively have disappeared. 

At least from the perspective of the driver and/or passengers when inside the cab.…

Traditionally a society of meat lovers, Russians are now developing a taste for vegetable and cereal-based products that reflect the taste and texture of meat – food manufacturers are eager to cater to this trend.

International companies have been entering this segment in Russia, while ambitious local startups are rapidly expanding their production capacities.…

Hit heavily by Covid-19 and short of governmental help, Romania’s clothing manufacturers are pessimistic about their prospects. Romania’s textile and clothing brands fear it might take a long time to recover from the pandemic, after eight months of restricted business, and falling incomes.…

The global electric vehicle (EV) adhesives market set to grow almost tenfold in the next four years, according to research analysts Markets and Markets, citing the increasing variety of bonding products offer “myriad of uses”.

In a report published last October (2019), it said annual global sales would reach USD223 million in 2019, growing to USD2.15 billion by 2024.…

WHILE projections for sales of electric vehicles (EV) vary, all predictions agree that this market will explode in size in the next few years. An International Energy Agency (IEA) model for instance has suggested 245 million EVs will be driven worldwide by 2030. …

PERSONAL care product industry representatives have criticised European Commission plans to table new toxic chemicals regulations, which they warn could outlaw use of some cosmetics ingredients even at safe levels. 

The Commission’s Chemicals Strategy for Sustainability (CSS), published October 14, said the European Union (EU) executive plans to eliminate from cosmetics and other products carcinogenic, mutagenic, reprotoxic (CMR) and endocrine-disrupting substances.…