18
Dec
Oct goods trade surplus €6.8 bn for euro area, €3.9 bn for EU
The euro area saw a goods trade surplus of €6.8 billion in October, with exports worth €254 billion—a rise of 2.1 per cent YoY, and imp...
Blog
18
Dec
Mixed trend prevails in India’s man-made yarn, viscose up in Mumbai
India’s man-made yarn market saw mixed trends. Viscose yarn prices rose in Mumbai due to a weaker dollar but fell in Surat due to slow ...
18
Dec
Italy’s OVS SpA posts $436 mn Q3 2024 net sales, up 12.8% YoY
OVS SpA has reported net sales of €414.7 million (~$436.0 million) in Q3 of 2024, up 12.8 per cent YoY, with PBT at €24.1 million, up b...
18
Dec
BASF’s Symbiocell gets approved for use in China’s cosmetic market
BASF’s personal care business has secured a new cosmetic ingredient notification in China for Symbiocell, an ingredient proven to sooth...
18
Dec
Swedish company Nordifa acquires Sporda Nonwoven
Swedish technical textile manufacturer Nordifa has acquired Sporda Nonwoven, a thermobonded and needlepunched nonwoven producer that we...
18
Dec
EnBW & Abu Dhabi National Oil Company sign long term LNG contract
EnBW has finalised a binding LNG supply contract with ADNOC to receive 0.8 bcm/a from the Ruwais project, set to begin in 2028.
The pla...
18
Dec
German business sentiment hits lowest since May 2020: ifo
Germany's ifo Business Climate Index fell to 84.7 in December, the lowest since May 2020, as companies' expectations worsened.
Manufact...
18
Dec
US’ Gevo & LG Chem extend agreement to advance Gevo’s ETO technology
Gevo and LG Chem have extended their joint development agreement to advance Gevo's Ethanol-to-Olefins (ETO) technology.
The partnership...
18
Dec
IFC invests $50 mn to boost sustainable textile production in Turkiye
IFC has announced a $50 million investment in a home textiles manufacturer to enhance sustainable production in Turkiye, including new ...
18
Dec
US economic improvement to continue in 2025: ISM survey
The December 2024 ISM supply chain planning forecast expects US manufacturing growth to continue in 2025, with revenue projected to ris...