Daily Chemical News Recommendation (Mar 15, 2018)
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> Chinese Fosun Buys Majority Stake in Lanvin of France
Shanghai-based outbound conglomerate Fosun International Ltd recently bought a controlling stake in French fashion house Jeanne Lanvin SAS. The acquisition will be carried out by Fosun and its subsidiaries, the company announced. This is in line with the target of Fosun Fashion Group established in 2015, which aims at investing globally in the fashion and retail industry.
> International Cotton Price Movements Were Mixed Past Month
Movement in international benchmark prices was mixed over the past month, with NY futures and the A Index increasing, South Asian prices flat to lower, and Chinese prices stable. Indian spot prices (Shankar-6 quality) were flat to higher, holding to levels near Rs 40,000/candy (356 kg) throughout most of February and rose to Rs 41,000/candy in early March.
> Coating Over A Coating Problem
Subsea Industries’ NACE coatings inspector Manuel Hof explains why shipowners can no longer afford to gloss over the marine environment issue. “Today’s ships are expected to demonstrate their environmental credentials in many different areas, including emissions, non-toxicity, fuel savings and more.
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