Market Flash

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, on Tuesday launched plans for the AED5 billion ($1.36 billion) Emirates Towers Business Park project.

• Dubai

A 16-strong group of tyre dealership staff have taken part in the first Michelin Tyre Academy programme of 2017 – a dedicated training course aimed at members of the Michelin Auto Professional network develop the next generation of expert technicians.

• Tyre
• Michelin

Textiles, with a large surface area such as carpets, apparels etc, under certain temperature and moisture conditions become vulnerable for microorganism growth.

• Textile

Silica Flour Market size was worth over $350 million in 2015 and is expected to grow at over 7 percent between 2016 and 2024, according to a report by Global Market Insights Inc.

• Silica Flour
• Silica

Super_Absorbent_Polymers

• Super Absorbent Polymers

One of the world’s leading manufacturers of industrial adhesives for automotive, consumer and industrial electronics applications, now offers a light-curing acrylate with excellent peel resistance for seal bonding.

• Light-Curing

The average operating rate of China’s PTA industry was 71.60% in H1, 2017, which was up 5.39% from 66.21% in H1, 2016.

A new study by Northwestern University has revealed that the consumer complaints of adverse health problems related to cosmetic and personal care products have doubled from 2015 to 2016.

• Cosmetic

Health Canada has notified stakeholders via email that it is considering adding pigment red 4 to its cosmetic ingredient hotlist, as well as changes to several existing listings.

• Personal Care
• Cosmetics

Paul Siu, deputy CEO of Deloitte China, is confident of China's economy and expects it to benefit more from reforms.

• China
• Economy

A McDonald's franchisee is offering refunds after mistakenly charging customers the Cook County soda tax over the weekend, despite a judge's order placing the new penny-per-ounce surcharge on hold.

• Soda
• McDonald

The European Commission is implementing bans and restrictions on a number of carcinogenic, mutagenic or reprotoxic (CMR) substances by amending annexes to the cosmetic products Regulation.

• Cosmetics

The Chinese adipic acid market was weak, although the decline growth slowed down. Since the market was still soft at present and main suppliers still suffered inventory pressure, the adipic acid price fell slightly from the last month.

The Chinese adipic acid market was weak, although the decline growth slowed down.

• Adipic Acid

The Chinese TDI market decreased in June 2017. The TDI price was weak at the beginning of June.

• TDI
• Polyurethane

Custom injection molder Bright Plastics is boosting its large-part business with installation of a new all-electric, 1,550-ton injection molding machine.

• Plastics

According to the data, the inventory of n-butyl alcohol (NBA) at main port in East China hit 100kt at the end of February 2017.

Success at Composite Technologies Co. LLC is realizing what the company does well and sticking to that.

• Pallets
• Recycling
• Sustainability

The government is setting up over 60 Liquefied Petroleum Gas (LPG)-air mix plants in selected areas without natural gas supply.

• LNG

Last week, a delegation of 12 Israeli companies in the cosmetics and toiletries industry paid a working visit to Vietnam. The visit presented a great chance for Israeli entrepreneurs to explore the Vietnamese market..

• Cosmetics