Furniture | Page 18 of 19

16DecDecember 16, 2024

Japan’s Hagihara & Mitsui to improve blue tarpaulin recycling

Hagihara Industries and Mitsui Chemicals are launching a trial in December 2024 to distinguish Hagihara's products from others in used blue tarpaulins for improved horizontal recycling. Mitsui's chemical tracing technology will help identify materials in recovered tarps, enhancing quality and increasing recycled content in new products, contributing to a circular economy. Hagihara Industries and Mitsui Chemicals are launching a trial in December 2024 to distinguish Hagihara's products from others in used blue tarpaulins for improved horizontal recycling. Mitsui's chemical tracing technology will help...

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16DecDecember 16, 2024

EU Council adopts packaging regulation to foster sustainability

EU Council has adopted a regulation aimed at reducing packaging waste, setting ambitious re-use and recycling benchmarks, including a requirement for single-use plastic bottles to contain up to 65 per cent recycled material by 2040. This comprehensive regulation targets the lifecycle of packaging, reducing volume and harmful substances, and enhancing consumer awareness through detailed labelling. EU Council has adopted a regulation aimed at reducing packaging waste, setting ambitious re-use and recycling benchmarks, including a requirement for single-use plastic bottles to contain up...

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16DecDecember 16, 2024

Sumitomo expands ORIGINS Chennai industrial park by 57 hectares

Sumitomo Corporation and Mahindra World City Developers are expanding the ORIGINS Chennai industrial park by 57 hectares, with land sales beginning in 2025. Located near Chennai, the park has drawn interest from over 20 firms, reflecting strong manufacturing growth in India. Sumitomo plans further expansion to 250 hectares, bolstering India’s industrialisation. Sumitomo Corporation and Mahindra World City Developers are expanding the ORIGINS Chennai industrial park by 57 hectares, with land sales beginning in 2025. Located near Chennai, the park has drawn interest from over...

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16DecDecember 16, 2024

UK goods exports fall 0.4% in Oct, imports up 5.8%

The value of UK goods imports at current prices (not adjusted for inflation) rose by 5.8 per cent in October, with both imports from the EU and non-EU countries rising by 5 per cent and 6.9 per cent respectively. The value of goods exports fell slightly by 0.4 per cent in the month, with a 4.6-per cent fall in exports to non-EU countries largely offset by a 4.1-per cent rise in exports to the EU. The value of UK goods imports at...

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16DecDecember 16, 2024

US’ Dow launches VORANOL WK5750 production at Freeport plant

Dow has announced the production of VORANOL WK5750, an advanced polyether polyol, at its Freeport polyol plant. Designed for soft and hypersoft foams, it enhances comfort in mattresses and furniture while supporting viscoelastic and resilient foam applications. With superior reactivity, optimal viscosity, and high purity, it meets the demand for high-performance flexible foams. Dow has announced the production of VORANOL WK5750, an advanced polyether polyol, at its Freeport polyol plant. Designed for soft and hypersoft foams, it enhances comfort in mattresses and furniture while...

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16DecDecember 16, 2024

Perstorp expands with OQ Chemicals Nederland acquisition

Perstorp, a subsidiary of Malaysia's PETRONAS Chemicals Group Berhad, has acquired 100 per cent of OQ Chemicals Nederland BV from OQ Chemicals GmbH. This gives Sweden-based Perstorp full ownership of the Dutch company’s production assets, technology, and staff. CEO Ib Jensen stated the move aligns with Perstorp's growth strategy and focus on specialty chemicals and sustainability. Perstorp, a subsidiary of Malaysia's PETRONAS Chemicals Group Berhad, has acquired 100 per cent of OQ Chemicals Nederland BV from OQ Chemicals GmbH. This gives Sweden-based Perstorp full...

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16DecDecember 16, 2024

EDANA unveils 2025 events and training programme

EDANA has announced its 2025 programme of events and training courses, aimed at fostering innovation and sustainability in the nonwovens industry. Key events include FILTREX 2025 (Vienna), EDANA Innovation Forum (June), OUTLOOK 2025 (Budapest), and the Sustainability Forum (Brussels). Training courses cover topics like nonwovens basics, advanced carding, filtration, and absorbent hygiene products. EDANA has announced its 2025 programme of events and training courses, aimed at fostering innovation and sustainability in the nonwovens industry. Key events include FILTREX 2025 (Vienna), EDANA Innovation Forum (June),...

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16DecDecember 16, 2024

India’s WPI inflation drops to 1.89% in November 2024

In November 2024, India's annual wholesale price index (WPI) inflation rate was 1.89 per cent, a decrease from 2.36 per cent in October, as per the Ministry of Commerce and Industry. The month-on-month WPI change was a marginal decrease of 0.06 per cent. Notable price increases in food articles, textiles, and machinery contributed to the positive inflation rate. In November 2024, India's annual wholesale price index (WPI) inflation rate was 1.89 per cent, a decrease from 2.36 per cent in October, as per...

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16DecDecember 16, 2024

SBI pegs India’s FY25 GDP growth at 6.3%, lower than 6.6% RBI estimate

The State Bank of India believes that FY25 GDP growth will be 6.3 per cent, lower than the RBI estimate of 6.6 per cent. The release of $13.67 billion due to RBI’s cash reserve ratio (CRR) cut may ease the liquidity situation in the coming months, it noted. The CRR cut may not mathematically translate to any change in deposits and lending rate, though it may positively affect banks’ margins. The State Bank of India believes that FY25 GDP growth will be 6.3...

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16DecDecember 16, 2024

Vietnam sets 6% export growth target in 2025

Vietnam’s ministry of industry and trade recently set a target of 6-per cent export growth for next year. The recovery of major markets in the West will be a key driving force for exports, especially in electronics, consumer goods and textiles, it said. However, it cautioned that exporters will face several challenges next year if global geopolitical developments continue to be unpredictable. Vietnam’s ministry of industry and trade recently set a target of 6-per cent export growth for next year. The recovery of major...

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