On April 24, 2023, the first large lifting equipment (core reactor) of Huizhou Yuxin Material Co., Ltd.'s 120kt/year of 1,4-BDO installation project was successfully hoisted into place, which was built by Beijing Branch of China Chemical Engineering No. 6 Construction Co., Ltd.The project is located Read More

Gap plans to lay off 1,800 employees across its workforce in an effort to streamline operations and cut costs.The cuts will affect employees at headquarters and those in“upper field”roles, or workers who hold leadership titles outside of a headquarters office.The layoffs will“release untapped potent Read More

Cambodia’s apparel exports to South Korea increased from $167.151 million in 2021 to $191.374 million in 2022, recording a growth of 14.37 per cent over the previous year. The exports reached $43.104 million in the first two months of 2023, close to the shipment of $43.112 million during Q4 2022. Ca Read More

Cambodia’s trade balance with South Korea has improved in the first quarter of 2023, with decreased imports and higher apparel exports.The apparel exports to South Korea grew by 14.37 per cent to $191.374 million in 2022.Cambodia ranked 7th in South Korea’s top apparel suppliers, while South Korea r Read More

China's services trade sustained a sound growth momentum in the first quarter, with travel services seeing visible recovery, official data showed Tuesday.The country's services trade totaled 1.58 trillion yuan ($228.14 billion) in the first three months, up 8.7 percent year-on-year, data from the Mi Read More

Virginia-based Circ has developed a hydrothermal process that liquefies the polyester, before heat and pressure separate the liquid polymer from the solid cotton to reclaim the cellulosic and synthetic materials. The recycled cotton is turned into fluffy flakes before becoming a pulp that can be sub Read More