LyondellBasell (LYB) signed a 15-year power purchase agreement with Eneco, securing 25 MW of renewable electricity from the Hollandse Kust West VI offshore wind farm. This...
2024-10-31read more >
Mitsui Chemicals has developed a new technology to chemically recycle waste and swarf from MR ophthalmic lens production, repurposing them into high-quality lens materials....
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Azelis expands its distribution agreement with SI Group to cover France, the Benelux, all of Europe, and much of the Middle East and Africa. This partnership allows Azelis...
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Government officials and representatives from businesses and trade associations from ASEAN member states recently discussed the potential benefits of upgrading the provisions...
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The Indian home textile industry's revenue is envisaged to grow by 8-10 per cent in FY25, while operating margins are expected to be in the 14-15-per cent range, Care Ratings...
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ADB maintains Cambodia's growth forecast at 5.8 per cent for 2024 and 6.0 per cent for 2025. Inflation projections have been lowered to 0.5 per cent due to slow food price...
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ICE cotton prices fell after reaching recent highs, driven by external factors like weaker crude oil and a stronger dollar, which made US cotton more expensive for overseas...
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The ADB projected a positive outlook for Vietnam in its latest Asian Development Outlook, forecasting GDP growth at 6 per cent in 2024 and 6.2 per cent in 2025. The industrial...
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TESTEX launches the CIRCULARITY label to promote durability, repairability, and recyclability in the textile industry. This initiative aims to minimise waste and extend...
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QatarEnergy, through its TAWTEEN program, has signed an MoU to establish Qatar Salt Products Company (QSalt) in partnership with MPHC, QIMC, and Turkey's Atlas Yatirim. The...
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At GTE 2024, RDX Digital Technologies introduced its hybrid digital printing machines, blending screen and digital printing for enhanced precision and sustainability. CEO...
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The global economy is improving as growth remained resilient across H1 2024, with declining inflation, though significant risks remain, the OECD Interim Economic Outlook said,...
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China's textile exports to Indonesia reached $2,153.895 million in the first seven months of 2024, slightly higher than last year. Fabric exports dominated, accounting for 82.01 per cent of total shipments.
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US Fed has lowered interest rates for the first time in nearly two years, aiming to stabilise inflation and balance unemployment. Inflation has dropped to 2.5 per cent, nearing the Fed's target, while
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US net sales of Upland cotton for the 2024-25 season reached 87,800 RB, down 18 per cent from the previous week and 38 per cent from the 4-week average. Exports totalled...
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RILA is urging the Biden-Harris administration to intervene as the September 30 deadline approaches for a labour contract agreement between ILA and USMX. A potential strike...
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India's container handling capacity is projected to reach 40 million TEUs in five years, ports, shipping and waterways minister Sarbananda Sonowal recently said. The Jawaharlal...
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Indonesia recently applied for membership of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) to boost exports by up to 10 per cent in value....
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North Indian cotton yarn market is stabilising as festival demand winds down, with both Delhi and Ludhiana seeing slow to average demand.Export demand remains weak, while domestic buyers face cash flow
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SABIC will showcase its expanded LNP ELCRES FST copolymer resins for train interiors at InnoTrans 2024. These resins meet the highest European fire safety standards (EN...
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The Indian government has announced an increase in minimum wage rates by revising the Variable Dearness Allowance (VDA) to support workers in the unorganised sector. Effective...
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Dutch GDP rose by 1 per cent quarter on quarter (QoQ) in Q2 2024, the second estimate by Statistics Netherlands shows. The QoQ growth was mainly due to goods exports, which...
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The Pact for the Future, adopted at the 79th UN General Assembly by world leaders, lays the foundation for a more equitable and sustainable global economy and is a landmark...
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India's GDP growth will reach around 6.8 per cent in 2024—softer than last year's nearly 8 per cent growth, The Conference Board projected. The think tank's leading economic...
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The Drewry World Container Index (WCI) dropped 7.02 per cent to $3,691 per 40ft container, 64 per cent below the pandemic peak but 160 per cent higher than 2019 rates. Shanghai-to-Europe...
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