Wanhua Chemical and PIC signed a joint venture agreement, with PIC investing $638 million for a 25 per cent stake in Wanhua Chemical (Yantai) Petrochemical.
Leaders from both sides attended the ceremony.
The partnership marks a new phase of collaboration, aiming to drive innovation, expand cooperation, and set a benchmark in the global petrochemical industry.Read More
Essity reported a 0.4 per cent rise in net sales to SEK 34,976 million (~$3.62 billion) in the first quarter of 2025, with 2.1 per cent organic growth driven by higher prices.
All business areas saw positive growth, though Professional Hygiene volumes declined in North America.
Despite slightly lower EBITA due to cost pressures, cash flow remained strong.Read More
Covestro has launched Desmopan FLY, a new TPU series optimised for supercritical fluid (SCF) foaming, offering lightweight, durable, and recyclable solutions for footwear, sports gear, and electronics.
With in-house SCF capabilities in Taiwan, Covestro supports efficient, sustainable production, helping brands meet performance and environmental goals.Read More
Global port activity is under strain from rising trade tensions and slowing economic growth, though credit impact remains limited due to stable revenues and contractual protections, as per Fitch Ratings.
While a prolonged trade war may pressure volumes and revenues, highly rated ports remain resilient.
Asian and Latin American ports could benefit from shifting trade routes and diversified partners.Read More
… shawl made by artist and textile deisnger Heather Cohen. — Submitted … absorbed.” She also uses textile paints for all the … she suggested she attend textile school and Cohen said … where she attended textile school specializing in textile design and color …Read More
… fashion and industrialization have transformed textile production into an increasingly distant … Study II more directly explore textiles in commercial contexts. Returning to … patches, emphasizes the reclamation of textiles from mass production and consumerism …Read More
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Italy’s consumer confidence index dropped from 95 to 92.7 in April, while the index for business confidence further fell from 93.2 to 91.5, according to Istat.
The index for manufacturing confidence fell from 86 to 85.7.
In manufacturing, assessments on order books marginally improved, while expectations on future production fell.
The retail trade confidence climate edged down from 103.8 to 101.8.Read More
A recent survey of over 4,000 US, UK adults found 68 per cent believe retailers make it too easy to abuse return policies, with 49 per cent admitting to doing so.
Many exploit policies to avoid full prices or wardrobe expensive items.
Younger consumers and those facing financial pressure are key drivers.
Retailers face a tough balance between preventing abuse and maintaining loyalty.Read More