Market Flash

While Switzerland is mostly known in China for its luxury watches, young Swiss designers are also looking to build their names here.

• Swiss
• Chinese
• Textile

Sinopec Luoyang plans to shut the 325kta PTA unit for turnaround in H2, Jun and it may last for 45 days.

• PTA
• Textile

The chairman of the All Pakistan Textile Mills Association (APTMA) on Sunday called for a more competitive business environment in the country to boost the country’s exports.

• Textile

With rumours about plastic rice, plastic eggs and plastic sugar raising suspicions about the quality of food being consumed, the Karnataka government has ordered an inquiry to know the facts on the ground.

• Plastic
• Probe

Schoeller Textil AG, a leader in high-performance textiles specialising in the sustainable development of innovative textiles and textile technologies, is set to present its newest collaboration at this year’s Outdoor...

• Schoeller
• Polyurethane

China's tire maker Himaxer has started trial production at its 1.2 million unit-per-year polyurethane tire project in Yunfu, the company disclosed.

• PU
• Tire

Now, it is hoping to arm science graduates with the training to formulate cosmetics.

• Cosmetics
• Safe

Increased tourism and an aging society are two of the biggest waves cresting over Japan, and thanks to both the country's cosmetics companies are seeing stock prices buoyed to all-time highs.

• Japan
• Cosmetics

Today's Chinese citizens have grown hungry for fatty, high-protein foods, but the country's agriculture industry may have hit its limit.

• China
• Food

Glove makers saw their shares rise yesterday as rubber prices fell for the second consecutive week to a year-to-date low.

• Rubber
• Gloves

“If the role and procedures for each ministry are included in the law and rules, it will be more convenient,” she said.

• LNG
• Pipelines

State-owned fuel retailer Hindustan Petroleum has received environment clearance for expansion of Ramanmandi Bahadurgarh Petroleum Products Pipeline (RBPL), whose project cost is Rs 230 crore.

• Expansion
• Company

Datang Duolun shuts accidentally its second PP production line on Jun 8. The facility is of 230kt/year PP production capacity, and may remain closed for 2-3 days.

• PP

After acquiring Hong Kong Tongda Group, Chunhui Holdings have decided to sell its chemical fiber business. Chunhui announced that Chunhui has signed an agreement with Guangzhou Honghe Investment Co., Ltd. to sell chemical fiber...

• Fiber
• Textile

The leading position of China as the main supplier of textiles and apparel to the EU has continued to be eroded in 2016, by the increasingly vigorous entry of other production zones.

• China
• Textile

Tyre stocks have been buzzing with gains in the Friday’s trading session. Tyre stocks are in upward trend for the past few months. Declining rubber prices and crude oil prices have buoyed the investors sentiments.

• Tyre
• Rubber
• Price

Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last November. Prices have been falling since the group extended their cuts for another nine months, a two-week slide that puts WTI back in the mid-$40s.

• Oil
• Price
• Supply

The paints & coatings market is projected to reach USD 209.36 Billion by 2022, at a CAGR 5.45% from 2017 to 2022.

• Coatings

Polyurethane Coatings Market is expected to witness a significant growth in terms of consumption of USD ~ 3781.2 KT by 2023 with CAGR of ~7.3% between 2016 and 2023.

• Polyurethane
• Coatings

To protect the surface or a material against the attack of the bacteria or fungi, antimicrobial powder coatings are used. Antimicrobial powder coating is in the form of dry powder that is applied to the surfaces.

• Coatings