MARKET & ECONOMY
Speciality chemicals company LANXESS is continuing to invest in its global production network for high-performance plastics and is building another compounding facility at its Krefeld-Uerdingen site, Germany
Peter D Dornier, member of the Executive Board of the VDMA Textile Machinery Federation and Chairman of the Walter Reiners Foundation for the Promotion of Young Engineers, has honoured five young talents in Aachen, Germany.
The brazil apparel market is projected to reach $42.80 billion by 2025, expanding at a substantial CAGR over the forecast period.
Technology company Continental is actively promoting the future of logistics and is involved in Hyperloop development.
Shree Pushkar Chemicals & Fertilisers Ltd, Mumbai, which recently participated at the 33rd Dye +Chem Bangladesh Expo 18, received a very good response.
Schindler India recently inaugurated the newly developed Computer lab at ITI Uran, Raigad on 7th Sep’ 2018, as an initiative under the umbrella of Schindler India’s Corporate Social Responsibility Program ‘Fulfill Futures’.
While New York, Milan, Paris and London have traditionally been seen as the most prominent fashion capitals in the world, apparel brands and consumers are increasingly turning to Asian trends.
In the budget for FY19, the Bangladesh government had set the corporate tax at 15 per cent for readymade garment (RMG) manufacturers and at 12 per cent for owners of green factories.
As an accredited test laboratory with over 1,000 staff worldwide, Hohenstein belongs to one of 18 institutes run by the OEKO-Tex® company and specialises in testing for toxic substances in textile products and textile components.