Market Flash

The Lubrizol Corporation's Performance Coatings business has announced an extensive upgrade to its Textile Coatings Center of Excellence in Gastonia, NC.

• Textile
• Coating

The Indian handloom sector, which does not fall under the goods and services tax (GST) regime, has been allocated subsidies worth Rs 6,000 crore and the government may consider

• Indian
• Textile

The share of Pakistan’s textile industry in domestic commerce has surpassed the sector’s export figures, according to data compiled by the All Pakistan Textile Mills Association (Aptma)

• Textile

Growing demand from healthcare and petrochemical industries coupled with stringent government regulations regarding the usage of synthetic acids and chemicals to aid North America organic acid market through 2026.

• Organic Acid

The ethylene oxide (EO) market increased slightly this week. Up to Aug 3, the EO fixed price in Sinopec Shanghai Company was RMB 9,000/mt, which was up 2.27% W-O-W.

• EO

Vietnam, India and Pakistan remain major suppliers for imported cotton yarn in China year to date, and other markets like Indonesia, Uzbekistan and Malaysia also occupy certain share.

• Vietnam
• India
• Textile

Most trades in the Brazilian cotton market were limited to small volumes in July. Although sellers were more flexible regarding asking prices, purchasers were not interested in trading in the spot market, bidding prices lower than those asked by sellers.

• Cotton

TCIB founder, Mohammad Ghafoor said the reason for this is that the Department of Tertiary Education Financing (DTEF) stopped sponsoring students to study for certificate courses.

• Textile
• Clothing

Toy company Spin Master Corp. has expanded its outdoor product line by acquiring the flying disc assets of Aerobie Inc. for undisclosed terms.

• Flying Disc

The price of OPEC’s basket of 14 crudes stood at $49.73 per barrel on August 2, as compared to $49.59 per barrel on August 1, the cartel said in a message on its website.

• OPEC
• Oil

Oil prices may be stuck in the mud, but Canada’s largest energy companies are showing that they’re adjusting to the new reality, and can still produce healthy earnings.

• Oil
• Energy

Intumescent is substance which swells if contacted with heat exposure; thus it expands in volume and decreases in density.

• Intumescent

Sealed Air Corporation (SEE) said that it is increasing prices for all products in its North American product care division. The increases will be effective 1 September 2017.

• Sealed

National Green Tribunal (NGT) may have rapped the Delhi government recently for not implementing the ban on plastic crockery, but the issue of plastic waste is anything but new and is unlikely to get resolved till a long-pending case is decided.

• Plastic

Rise in global yarn production seen by nearly 30 percent during the first quarter of 2017 while on a year-on-year basis it increased by 1.9 percent. The increase in global yarn output was mainly due to 31.8 percent increase in Asia.

• Yarn

Research shows that more than one third of shoppers in the EU (35%) are proactively avoiding food and drink products that contain artificial additives or preservatives, while the same proportion say they regularly check the ingredients list on pack.

• Ingredients
• Food

The European supply chain for printing ink pigments is currently going through a transition period, which has raised hopes for greater stability in prices and more secure availability of products. But these expectations may turn out to...

• Pigment
• Titanium Dioxide

Chinese authorities have massively reduced the country's logistics by canceling road tolls and encouraging internet-based freight brokerage.

• China
• Logistics

China has held over 4,660 officials accountable for their poor environmental protection work after the latest round of inspections, the Ministry of Environmental Protection (MEP) said Tuesday.

• Environmental
• Protection
• Inspection

World oil prices are dropping on August 2 amid the report released by the American Petroleum Institute (API) about the US crude stock volume. The price for October futures of Brent oil has decreased by 0.60 percent to $51.47 per barrel as of 06:28

• Oil