One hundred and twenty six US House Democrats have urged President Joe Biden to use executive authority to end the dangerous de minimis loophole in the absence of a legislative...
2024-10-31read more >
WACKER has successfully tested a CO2 capture process at its Holla, Norway site, capturing over 95 per cent of CO2. Partnering with SLB-ACC JV, WACKER's pilot project used...
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Drewry World Container Index dropped by 12.71 per cent to $4,168 per 40ft container in mid-September, continuing its decline since a rise two months ago. The index is now...
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ICE cotton continued its upward trend on Thursday, driven by lower production estimates from USDA's WASDE report and support from rising crude oil and equity markets. Gains...
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LyondellBasell is opening a new closed-loop recycling centre in Lich, Germany, to turn end-of-life plastics into high-quality feedstock for durable goods. The facility combines...
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Sumitomo Chemical will close two out of three MMA and PMMA production lines at Sumitomo Chemical Asia in Singapore by September 2024, significantly reducing capacity. The...
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Birla Cellulose held its second hub-meet in Karur on August 30, 2024, emphasising sustainable MMCF solutions in the Home Textiles sector. Attended by 110 exporters, the...
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The European Central Bank yesterday lowered the deposit facility rate by 25 basis points to 3.50 per cent. The changes will take effect from September 18. The bank estimates...
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Yarn Expo Autumn welcomed nearly 22,000 buyers from 81 countries, featuring 540 exhibitors from 15 regions. It saw a rise in international buyers and a focus on sustainability...
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The US consumer price index for all urban consumers (CPI-U) increased by 0.2 per cent in August this year on a seasonally adjusted basis—the same increase as in July, the...
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Lygos and CJ BIO have signed an MOU to build a biorefinery complex in Fort Dodge, Iowa, to produce sustainable chemicals. The facility will manufacture up to 40,000 MT/yr...
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The US administration has announced using executive authority to stop the 'significant increased abuse' of the de minimis exemption, primarily by Chinese e-commerce platforms,...
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The office of the USTR today announced final modifications concerning the statutory review of the tariff actions in the Section 301 investigation of China's acts, policies...
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DSV is acquiring Schenker from Deutsche Bahn for €14.3 billion ($15.87 billion), enhancing its global network and competitiveness. The combined company will have pro forma...
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BASF has opened a new world-scale alkyl ethanolamines production plant at its Verbund site in Antwerp, Belgium, increasing global capacity by nearly 30 per cent to over 140,000...
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USDA's September 2024 report projects a 1.2 million bale reduction in global cotton production, now at 116.4 million bales, with global ending stocks lowered to 76.5 million....
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Cotton yarn prices in south India showed mixed trends due to rising natural fibre costs and slow demand from the downstream industry. Mumbai saw stabilisation after a steep price hike, while Tiruppur
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Nippon Shokubai will build a new plant in Fukuoka by 2028 to produce 3,000 tons of LiFSI (IONEL) annually, an electrolyte used in lithium-ion batteries for electric vehicles....
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China will offer all least developed countries (LDCS) with which it has diplomatic ties zero-tariff treatment for all tariff lines, the Customs Tariff Commission of the State...
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Covestro and Li Auto have signed an MOU to develop advanced, sustainable materials for the automotive industry. Their partnership will focus on engineering plastics from...
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The upcoming Global Sourcing Expo, set for November 19-21, 2024, in Melbourne, connects global exhibitors with buyers from Australia, New Zealand, and the Asia Pacific. Focusing...
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China's textile, garment and accessory exports totalled $197.773 billion in January-August, a 1.10 per cent increase from 2023, driven by a 3.5 per cent rise in textile shipments. However, garment exports
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India's Khadi and Village Industries Commission and the National Institute of Fashion Technology recently signed an MoU to take khadi to new heights and enhance its reach...
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Indian minister of commerce and industry Piyush Goyal recently launched the department of commerce's Jan Sunwai Portal, designed to streamline communication between stakeholders...
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Samarkand in Uzbekistan hosts 2024 ITMF Annual Conference and the IAF World Fashion Convention, held between September 8-10. ITMF and IAF's decision to hold their joint...
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