Rongsheng Petrochemical announced that recently, Zhejiang Petrochemical Co., Ltd. (referred to as "ZPC"), a subsidiary of the company, has produced qualified products in the 60kt/year PPG production line from 380kt/year polyether plant invested and built by Zhoushan Green Petrochemical Base.Polyethe Read More
According to the Vietnam Textiles and clothing Association, in March 2023, Vietnam's textile and clothing exports reached about US$3.298 billion, an increase of 18.11% from the previous month and a decrease of 12.91% from the same period of last year.In the first three months of 2023, Vietnam's text Read More
On April 9, Wanhua Chemical issued an announcement that the company recently received approval from the operators of the State Administration of Market Supervision and Administration, agreeing that Wanhua Chemical intends to acquire shares in Yantai Juli Fine Chemical Co., Ltd.; at the same time, th Read More
Stora Enso has completed the divestment of its paper production site in Hylte, Sweden announced on 27 January 2023, and all related assets to Sweden Timber, a Sweden-based sawmill and planing mill company. The enterprise value of the transaction is approximately EUR 18 million and will result in the Read More
US imports of textiles and clothing have been declining in value terms; in the first two months of 2023, they fell by 13.01 percent to US $ 17.554 billion from US $ 20.179 billion in the corresponding period of 2022. With a 24 per cent market share, China continues to be the US’s top supplier of tex Read More
Opening letters of credit (LCs) for imports in Bangladesh dropped by around $14 billion, or 23.45 per cent, year on year (YoY) in the first eight months of fiscal 2022-23 (FY23) to $45.52 billion due to restrictions by the central bank and a fall in export orders.The raising of LC margin to 100 per Read More
