Market Flash

Industry groups have united in opposition to California’s proposal to name spray polyurethane foam (SPF) containing diisocyanates as a priority product under the Safer Consumer Products (SCP) programme.

• Polyurethane
• California

According to National Development and Reform Commission, 894kt of WTO-related tariff quotas on cotton will be allocated in 2017, and about 33% of quotas are given to state-owned enterprises.

• Cotton
• China
• Import

On Jun 1, Xiamen Hualun Printing and Dyeing Co., Ltd, the subsidiary of Fujian Zhonghe Co., Ltd, announced that the company has suspended production from end May,

• Printing
• Dyes
• Textile

The Danish Ministry of Environment and Food has released a report describing how to develop a robust method for analysing azo pigments and primary aromatic amines (PAA) used in tattoo inks.

• Danish
• Tatto

Researchers analyzed a random set of studies conducted over the last 10 years on the use of traditional Chinese medicine in treating such illnesses as hypertension, diabetes, dyslipidemia, atherosclerosis and chronic heart failure.

• Chinese
• Medicine

Market is Dominated by Few Global Players Despite of Facing Stiff Competition From Some of the Local Players.

• Crop

The US Senate Health, Education, Labor and Pensions Committee held the first of three hearings on rising pharmaceutical prices Tuesday, discussing the confusing system by which prices are set and possible ways to bring them down.

• Pharmaceutical

The National Corn Growers Association and NineSigma have launched a global competition to identify new innovative uses for field corn as a renewable feedstock for chemical production.

• Corn
• Agriculture

The government again came under fire from a manufacturers’ group for its growth-stifling policies and window-dressing in the latest federal budget.

• Textile

Despite Goods and Services Tax Council accepting the demand to bring down GST rates on textile job work from 18 per cent to 5 per cent, a section of traders in the country's biggest man-made fabric...

• Textile
• GST
• Traders

Some textile traders, who are opposed to the implementation of Goods and Services Tax (GST) because it will usher in purported transparency, will be going to New Delhi on Tuesday

• Textile
• GST

The European Union has announced a raft of new developments with its voluntary Green Public Procurement (GPP) criteria for textiles products and services.

• Textile
• Green

Thailand's cabinet on Tuesday approved measures to help rubber farmers and stabilise falling prices, the country's prime minister said.

• Thailand
• Rubber

Declining rubber prices left the property market and residential demand in Thailand’s southern provinces to depend on investments from the government in infrastructure projects.

• Rubber
• Thailand

The escalating need for materials with tunable properties and high functionality is driving R&D in chemicals and advanced materials, especially in the industries of healthcare, infrastructure, automotive, and oil and gas.

• Coatings
• Green

Innovations in the paper manufacturing process and increasing use of recycled paper as a raw material are some of the major factors driving the growth of the market.

• Paper

Textile industry today urged the GST Council to lower the service tax on job work related to made-ups and garment sector, saying the proposed 18 per cent tax would escalate the prices of final goods making them uncompetitive in the international market.

• Textile

Vietnam is entering the aging period of the population this year. The average spending on medicine per capita is now at $33 per annum. The figure is expected to increase to $55 by 2021, much lower than the average spending level...

• Pharmaceutical

Every day, countless people across America order prescription drugs from pharmacies in other countries as they hunt for something increasingly elusive — affordable medications.

• Medicine
• Americans
• Drug

The comments from Washington-based ACC came as the United Nations wrapped up its first-ever conference on the health of the oceans June 9 in New York.

• UN
• Plastics