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Indian minister raises trade barriers issue with EU counterpart

Indian commerce and industry minister Piyush Goyal, in a recent video conference with Maros Sefcovic, European commissioner for trade and economic security, raised the issue of Indian industry facing barriers in the EU markets and urged the latter to address the problem.
Both also discussed the progress of a proposed bilateral FTA.
Nine rounds of negotiations related to the planned FTA are over.Read More

23.12.2024Comments Off,
BASF & partners collaborate for plastic circularity in Germany

BASF, Endress+Hauser, TechnoCompound, and German universities are enhancing plastic recycling through the SpecReK project, funded by Germany’s BMBF.
Using spectroscopy and AI, they aim to identify plastic waste composition in real time to improve recycled plastic quality.
The €2.2 million (~$2.3 million) initiative supports the circular economy by advancing mechanical and chemical recycling.Read More

23.12.2024Comments Off,
Lindex launches climate-smart logistics hub for global growth

Lindex Group’s €110 million (~$114 million) omnichannel distribution centre in Alingsas, Sweden, launched in Nov 2024, is the largest investment in its history.
The 40,000 sqm, climate-smart facility, powered by solar energy, quadruples e-commerce capacity, supports global growth, and replaces two warehouses by 2025.
Built to BREEAM-SE “Very Good” standards, it will save €10 million annually from 2026.Read More

23.12.2024Comments Off,
Idrees Textile Mills Limited

Idrees Textile Mills Limited [PSX: IDRT] was … took their toll on the textile industry. Cost of sales slid … sales. The company’s home textile products made great strides in … positions are rendering the local textile sector uncompetitive in the international …Read More

23.12.2024Comments Off,