Global fashion brands are doubling down on their use of synthetic fibres—a key driver of microplastic pollution—while employing distraction and delay tactics to protect their...
2024-10-31read more >
China's electricity consumption expanded steadily in August by 8.9 per cent YoY to 964.9 billion kWh, official data show. Power consumed by primary, secondary and tertiary...
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China's fabric exports reached $39.519 billion during January-July 2024, a 2.74 per cent increase from the previous year. Vietnam was the largest buyer, accounting for 16.52 per cent of exports. Other
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India's financial conditions were tighter in August relative to July due to unwinding of yen carry trade, lower inflows from foreign portfolio investors, a mild rupee depreciation,...
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Indian Prime Minister Narendra Modi today laid the foundation stone of a PM Mega Integrated Textile Regions and Apparel Park at Amravati in Maharashtra. The 1,000-acre park...
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Gevo, Inc has secured a US patent for its ethanol-to-olefins (ETO) process, which converts ethanol into key olefins like propylene and butenes in a single step. This process...
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Hygenco Green Energies signed an MoU with REC Limited to finance its Green Ammonia Project in Odisha, with REC funding up to $280 million. Hygenco aims to invest $2.5 billion...
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Kawasaki Heavy Industries and CB&I signed a strategic agreement to develop a commercial liquefied hydrogen (LH2) supply chain. The signing took place at the Gastech Exhibition...
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China's one-year loan prime rate (LPR), a market-based benchmark lending rate, was 3.35 per cent today, unchanged from the August figure. The over-five-year LPR was also...
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The Bank of Japan's monetary policy meeting today decided to leave interest rates unchanged, saying private consumption has been on a “moderate increasing trend despite the...
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UAE minister of state for foreign trade Thani bin Ahmed Al Zeyoudi recently met Andrey Slepnev, minister in charge of trade for the Eurasian Economic Commission (EEC), in...
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Cambodia's trade volume with members of the Regional Comprehensive Economic Partnership (RCEP) rose to $22.92 billion in January-August 2024—a 17.2-per cent YoY rise, accounting...
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During PM Narendra Modi's visit to the US for the Quad Summit last week, India signed and exchanged the first-of-its-kind agreements focused on clean and fair economy, and...
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KazMunayGas has awarded a steam cracker development project to a joint venture between Sinopec and Técnicas Reunidas. The €2.3 billion (~$2.553 billion) project will be...
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TechnipFMC has secured two subsea contracts from Petrobras for Brazil's pre-salt fields. The first involves designing and manufacturing riser flexible pipes, while the second...
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Lectra's third white paper, “Sustainable Fashion: what strategies and technologies?”, explores the challenges facing the fashion industry, including overproduction, waste,...
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The Carpet and Flooring Expo 2025, set for January 7-10 at the Istanbul Expo Centre, will expand its exhibition area to 120,000 square meters. Expected to attract professionals...
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The Reserve Bank of India's (RBI) economic activity index projects GDP growth at 7 per cent in Q2 FY25 on the back of a ticking up of momentum relative to Q1. August demand...
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The FTA between the EU and Kenya, effective from July 1, 2024, is expected to open opportunities for Kenya's cotton, textile, and apparel industry, which currently relies heavily on North American markets.
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Indian commerce and industry minister Piyush Goyal recently discussed ways to boost trade through local currencies with Myanmar's minister of investment and foreign economic...
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China's central bank has reduced the interest rate of seven-day reverse repos from 1.7 per cent to 1.5 per cent. The decision is aimed at guiding the loan prime rate and...
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FluoRok, has raised $9.8 million to scale up the production of novel fluorochemical reagents and battery electrolyte salts. The funding round, led by BGF and Green Generation...
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Kemira, a leading ASA producer in the Asia-Pacific region, has completed a multimillion-euro investment to expand ASA sizing agent production at its Nanjing site in China....
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ICE cotton remained range-bound due to weather concerns, with another hurricane threatening US cotton-producing regions, potentially impacting crop quality. The December...
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AAFA has urged President Joe Biden to intervene in stalled negotiations between the USMX and ILA, warning of a potential disruption to East and Gulf Coast ports if a labour...
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