Daily Chemical News Recommendation (Jul 10, 2018)

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>> Vietnam's Textile Industry Expects High Growth

Vietnam’s textile and apparel industry expects to achieve high growth rates over the next 12 years, Tran Du Lich, member of National Advisory Council on Financial and Monetary Policy, told the 4th Vietnam Textile Summit in Hanoi recently. Textile goods worth around $31 billion were exported last year, representing a 10.23 per cent year-on-year rise, he said. [More]

>> Maharashtra Ban Likely to Lead to Loss of Rs. 15,000-crore for Industry

The plastic ban imposed by Maharashtra will result in a loss of up to Rs. 15,000-crore and nearly 3 lakh jobs, according to the plastic manufacturing industry.

“The ban imposed by Maharashtra has hit the industry very hard and the plastic industry is staring at a loss of Rs. 15,000-crore, leaving nearly 3 lakh people jobless overnight,” the Plastic Bags Manufacturers Association of India’s General Secretary, Mr. Neemit Punamiya said. [More]