News from World

tag: bio

13 March 2023

Robust growth in India's chemical sector driven by biofriendly products

In the report titled "India: The Next Chemicals Manufacturing Hub," McKinsey said the country's chemical industry has performed better globally in demand growth and the sector will grow by 11-12% to 27% and 7-10% from 2027 to 20 40, tripling its global market share by 2040. The report confirms the growth in demand for biofriendly products globally, which could benefit India, as it is among the main producers of both agrochemical products and inorganic chemical and petrochemical products.

09 February 2023

Fertilizer profits skyrocket

A Moroccan fertilizer firm saw record profits after the war in Ukraine sent European feedstock prices soaring. The most common fertilizers are synthesized from methane. Organic fertilizers are products that result from processes of transformation of organic waste, for example tannery waste. [Ukraine war fallout benefits one of world's biggest fertiliser ...- FT]

28 January 2023

Organic and sustainable rubber for Brazilian shoes

Veja shoes are sold at famous stores all over the world. The company that makes them is French. But the shoes are made in Brazil. Over the last 20 years, Veja has sold more than 8 million pairs of shoes. The company uses rubber from trees that come from Brazil’s Amazon rainforest. The shoes are put together by workers in cities who are paid more than most factory workers. [Sports Shoes Help Sustainable Rubber in Brazil - voanews.com]

16 December 2022

The US breathes new life into AfCFTA

The United States’ Biden administration gave a big fillip to the Africa Continental Free Trade Agreement (AfCFTA) this week. The US Trade Representative Katherine Tai revealed in an interview on Monday at the Semafor Africa Summit that her agency was working on signing a memorandum of understanding with the AfCFTA countries to expand the U.S.-Africa trade relationship.

10 October 2022

Indian jute bags are a sought-after biodegradable alternative

India’s deep-rooted jute industry has struggled for decades, undercut by cheaper synthetics. Now its bags are becoming famous as an environmentally friendly product The recognition of the @nytimes in this report by Sameer Yasir. [That Reusable Trader Joe’s Bag? It’s Rescuing an Indian Industry – NYT]

27 August 2022

Free Trade Agreements (FTAs) and sustainable production are the ingredients of Vietnamese export success

Leather and footwear exports +13%, to over $14 billion in 7 months, thanks to FTAs and the increase in the localization rate of industries (from 40-45% to 55%) which, thanks to ecological innovation, are now able to supply almost 80% of components for footwear nationwide. These are the conclusions of the survey of the Chamber of Commerce and Industry of Vietnam (VCCI), carried out by Huong Ly. [Opportunities for Sustainable Exports from New-generation FTAs - Vietnam Business Forum-VCCI]

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