The textile industry in 2025 will focus on sustainability, traceable supply chains, circular fashion, and advanced technologies. Gen Zs ethical priorities will boost slow fashion and premium quality. AI, automation, and wellness fabrics will drive innovat
2025-01-07read more >
The EUs Ecodesign for Sustainable Products Regulation aims to boost sustainability in fashion via circular practices, traceability, and endoflife management. Fast fashion faces a shift as brands adopt methods like Digital Product Passports. Early complian
2025-01-07read more >
Circular fashion transforms the industry by minimising waste and maximising resource efficiency. It offers cost savings, boosts brand reputation, and opens new revenue streams in the short term. Longterm benefits include competitive advantage, regulatory
2025-01-07read more >
The global chemicals industry in 2025 is driven by sustainability, digital transformation, and regional dynamics. Key trends include green chemistry, electrification of processes, EV battery chemicals, and specialty chemicals growth. Challenges like geopo
2025-01-07read more >
Best Agrolife has obtained a patent for an insecticidal formulation containing Pyriproxyfen, Diafenthiuron, and Dinotefuran. It aims to improve pest control, potentially...
2025-01-07read more >
Vietnam's textile exports are set to reach $44 billion in 2024. VIATT 2025, from Feb 26–28 at SECC, will feature 15,000 sqm of exhibitions, emphasising sustainability and...
2025-01-07read more >
As the energy transition progresses, demand for petrochemicals is expected to drive oil demand growth. ADNOC's acquisition of German company Covestro reflects a strategic...
2025-01-07read more >
BASF has opened a new Catalyst Development and Solids Processing centre in Ludwigshafen. The centre is set to accelerate innovation in catalyst technologies, crucial for...
2025-01-07read more >
Nel has received an order from Samsung for electrolysers to be used in a pink hydrogen project. It focuses on producing hydrogen using nuclear energy, contributing to clean...
2025-01-07read more >
India's Uttar Pradesh state cabinet has approved the Multi-Modal Logistics Park Policy-2024 that will allow companies investing in this sector to receive upfront land subsidies...
2025-01-07read more >
China's one-year loan prime rate (LPR) was kept unchanged from the previous month at 3.1 per cent today. The over-five-year LPR, on which many lenders base their mortgage...
2025-01-07read more >
Elkem and Hafslund signed a long-term power deal for 2028-2035, securing 400 GWh annually in Norway's NO3 price area. This supports Elkem's Thamshavn plant operations and...
2025-01-07read more >
Vietnam's economy will be the stand out among the ASEAN-6, growing at a faster pace relative to its peers during the next few years, according to Oxford Economics, which thinks...
2025-01-07read more >
Saudi Arabia is developing 18 logistics zones near ports, with total investment worth over $2.66 billion, and plans to raise the number of such zones from 22 to 59 by 2030,...
2025-01-07read more >
Real US GDP increased at an annual rate of 3.1 per cent in Q3 2024, according to the third official estimate. In Q2 2024, real GDP increased by 3 per cent. The increase...
2025-01-07read more >
Mexico will temporarily impose a 35-per cent tariff on 138 finished textile imports to protect the domestic textile-clothing industry, economy minister Marcelo Ebrard recently...
2025-01-07read more >
The Trade and Cooperation Agreement (TCA) reduced total goods exports from the UK by an estimated $34 billion, or 6.4 per cent, in 2022 due to a 13.2 per cent fall in the...
2025-01-07read more >
Indian commerce and industry minister Piyush Goyal, in a recent video conference with Maros Sefcovic, European commissioner for trade and economic security, raised the issue...
2025-01-07read more >
BASF, Endress+Hauser, TechnoCompound, and German universities are enhancing plastic recycling through the SpecReK project, funded by Germany's BMBF. Using spectroscopy and...
2025-01-07read more >
The Conference Board Leading Economic Index for China decreased by 0.1 per cent in November 2024, reflecting ongoing declines in consumer confidence, a weak manufacturing...
2025-01-07read more >
GST Council, in its 55th meeting chaired by India's Finance Minister Nirmala Sitharaman, decided to maintain the current tax rates on ready-made garments. The proposal included...
2025-01-07read more >
CARBIOS has delayed its PET biorecycling plant construction in Longlaville by 6-9 months due to pending non-dilutive funding, targeting market readiness by 2027. With ~$96.51...
2025-01-07read more >
Joe Biden signed a government spending legislation into law late last week, avoiding a potential government shutdown ahead of the holiday season after the US Congress passed...
2025-01-07read more >
NITMA has elected new office bearers during its 67th AGM on December 21, 2024. Sidharth Khanna, director of Arisudana Industries, is the new president, joined by Munish...
2025-01-07read more >
In the current season starting October 2024, the Cotton Corporation of India has procured 30.98 lakh bales of cotton due to lower market prices than the minimum support price....
2025-01-07read more >Copyright © 2024 SBS Corporation All Rights Reserved.