Market Flash

Axalta Coating Systems will exhibit at the Automotive Engineering Expo (AEE) 2017 in Nuremberg, Germany, on May 30 and 31, 2017. The trade fair focuses on the car body process chain, from concept through final assembly.

• Axalta
• Coating

Bluestar Silicones USA Corp. continues to expand both its manufacturing capabilities and its product portfolio.

• Bluestar
• polyurethane

Authorities on Tuesday raided another house storing counterfeit cosmetics in Phnom Penh, confiscating more than 30 tons of products that had been imported from neighboring countries and repackaged as foreign brands, an official said.

• Fake
• Cosmetics

Apparel is not the only retail sector to have been affected by the proliferation of international chains setting up store in Australia..

• Cosmetics

Additives are substances added to food during the production and packaging process to enhance their shelf life, texture, color, and taste. We are told that additives are dangerous and harmful to our health.

• Food
• Additives

ContiTech has announced the opening of a plant to produce high-performance coated materials in Changshu, China.

• Coating
• ContiTech

According to the report, the global paints and coating market were valued at approximately USD 110 billion in 2014 and expected to reach approximately USD 145 Billion by 2020..

• Paints
• Coating

This week, the Chinese acetic ether market inched up. Up to May 18, the closing prices in East China were in the range of RMB 4,650-4,750/mt.

The digital currency bitcoin is on another remarkable run, soaring nearly 65% in the last month, and smashing the symbolic $2,000 mark for the first time ever this week. Bitcoin has gone on tears in the past, but never quite like this.

• Bitcoin

OPEC nations that deliver some of the lowest cost production will be relatively insulated from an early peak in oil demand caused by any faster-than-expected roll-out of electric vehicles, Glencore's chairman said on Monday.

• OPEC

The Chinese rutile titanium dioxide market was largely stable. Though the raw materials, ilmenite concentrate, prices went down...

• Titanium
• Dioxide

The global organic personal care market is expected to reach USD 25.11 billion by 2025, according to a new report by Grand View Research, Inc.

• Personal Care

Chinese medical injection molder Mehow Innovation Ltd. is investing more than $20 million in a new facility in Malaysia, its first outside China, as it responds to global customers who want it to diversify outside its home country.

• Pharmaceutical
• China
• Malaysia

The demise of Australia's auto manufacturing industry has seen an injection molder diversify into mobile garbage bins.

• Plastics

The target for 2017-18 will nevertheless represent a 17 per cent rise from the actual level of $38.6 billion in 2016-17, according to provisional official estimates.

• Textile
• India

As the GST Council reaches closer to fixing tax rates for textiles, the Textile Ministry has hoped it will take care of the interests of the industry which has just started looking up and employs a large number of people only next to agriculture.

• Textile
• India

The government has set a target of $45 billion exports from the country's textile and garment sector in 2017-18, lower than the $48 billion set for the last financial year (FY) which was missed by a huge margin.

• Textile
• India

India is looking to expand its paltry 1.24% share of the Japanese textile market by getting its government to pitch in and help Indian exporters by improving the testing standards and better understanding the requirements of their customers.

• Textile

Dublin-based One51 plc is continuing to expand on this side of the Atlantic Ocean, this time with the $150m (€135m) purchase of Macro Plastics Inc.

• Plastics

The Polyurethane Foam Market 2017 Report offers detailed analysis of the Polyurethane Foam market over the last five years, and provides extensive market forecasts by region/country and sub sector.

• Polyurethane