Market Flash

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

The government believes the chemical, textile, and miscellaneous industry (IKTA) sector can grow by 5.4% by the end of 2017, based on the increase of activities in that sector in Indonesia.

• Textile

This may not answer the old question about the chicken and the egg, but a European project is looking at whether it's possible to use poultry waste products in bio-based packaging for, among other things, poultry products.

• Plastics
• Packing
• EU

Increasing number of working individuals across the globe is resulting in increasing spending capacity on cosmetic products, which in turn is leading to increasing sales of quality cosmetic products.

• Cosmetic

UltraTech International, Inc. has recently added Gentoo coating to its product line. This advanced, clear, hydrophobic coating combines features and properties never seen before in a coating. 

• Coating

Operations at some of the world's largest copper mines have been halted after northern Chile was hit by snowstorms, companies said Wednesday.

• Copper
• Desert

Argentina's Energy Ministry authorized Tuesday an increase in ethanol prices for oil refiners to blend into gasoline in June from May.

• Argentina
• Ethanol

ChemSpec, Ltd., a member of the Safic-Alcan Group family of companies, continues to expand its portfolio to a range of over 150 versatile product series offerings.

• ChemSpec
• Polyisobutylene

Pound for pound, palm oil has a huge edge over alternatives squeezed out of canola, soybeans or sunflowers.

• Palm
• Oil

The European Commission has started consulting with members of the food packaging industry on an EU measure on printed food contact materials (FCMs).

• Food
• Packaging
• EU

Audio company FiiO has recently announced the launch of 2 new In-Ear Monitors with Mic and volume controls in India dubbed as F1 and F3 for price tags of Rs 1,499 and Rs 1,849 respectively.

• Polyurethane
• FiiO

California's Assembly has passed a bill that would require ingredient labelling for professional cosmetics.

• Cosmetics

This World Oceans Day (June 8), U.K.–based cosmetics company Lush will be re-releasing its limited-edition Shark Fin soap in honour of late Canadian filmmaker and environmentalist Rob Stewart.

• Cosmetics

Waste plant fibres from agriculture and paper manufacturing could replace harmful plastic microbeads in a wide range of products from make-up to house paint, scientists claim.

• Cosmetics
• Plastic

South Carolina, once a center of the American textile industry, has seen the business rebound through an influx of Chinese companies.

• South
• Carolina
• China
• Textile