Market Flash

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

The Commission confirmed its policy last September, saying a ban on a CMR in cosmetics must be implemented by a specific act amending the Regulation's relevant annexes.

• Cosmetics

The American Chemistry Council (ACC) reported that U.S. specialty chemicals market volumes started the second quarter on a strong note, rising 0.6 percent in April and following similar gains in March and February.

• ACC

According to a recent market research report published by Transparency Market Research, the global animal feed additives market is estimated to expand at a CAGR of 4.3% between 2015 and 2021.

• Feed Additives
• Animals

Even as the future of the Rubber Board is bleak, the latest statistics from the Board regarding rubber production in the country shows an upward trend.

• India
• Rubber

King Salman, President Trump mark agreement between SABIC and ExxonMobil to conduct study on potential petrochemical project in US

• Saudi
• Basic
• EXXOMOBIL

After all, Thailand is currently operating in a market that is set to become saturated during the progressive course of 2017...

• Thailand
• Natural
• Rubber

According to the news, the butyl acrylate unit of BASF in the U.S. had to be shut.

• Butyl
• Acrylate

Adhesive is the substance applied on to different surfaces to bind them together. Use of adhesives has eliminated the demand for welded parts, rivets, and other mechanical parts in many equipment.

• Polyurethane

The overall baby personal care products market is segmented into hair care, skin care, toiletries, fragrances and convenience products among others.

• Personal Care

Crude oil prices edged higher Wednesday, with gains capped by concerns that U.S. production was undermining the Organization of the Petroleum Exporting Countries' efforts to rebalance the market.

• Oil

A framework for estimating levels of unknown chemicals in mixtures, using marker compounds, has been developed by a team from the Technical University of Denmark's National Food Institute.

• Food Additives
• Food

Breast cancer group 'very optimistic' on Cleaning Product Right to Know Act's prospects.

• Ingredient
• Food