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New trend & technology report: Mapping of advanced recycling technologies

01 July 2022, Mumbai:

New trend and technology report: Mapping of advanced recycling technologies for plastics waste – providers, technologies, and partnerships.

The report aims to clear up this jungle of information by providing a structured, overview and in-depth insight. It focusses on profiling more than 100 available advanced recycling technologies and related providers on 200 pages including 14 figures and one table. Target audiences are the chemical and plastic industry, brands, technology scouts, investors and policy decision-makers.

Advanced recycling technologies are developing at a fast pace, with new players constantly appearing on the market, from start-ups to chemistry giants and everything in between. New plants are being built, new capacities are being achieved, and new partnerships are established.

Due to these dynamic developments, it is difficult to keep track of recent developments.

The report “Mapping of advanced recycling technologies for plastics waste” aims to clear up this jungle of information by providing a structured, overview and in-depth insight.

It focuses exclusively on profiling available technologies and providers of advanced and especially chemical recycling solutions including new technologies and updated company profiles.

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New trend & technology report: Mapping of advanced recycling technologies

EPCH Participates in INDEX DESIGN FAIR 2022 at Dubai, UAE

28 May 2022, Mumbai:

Projects India as a profitable business destination.

More than 500 companies participated and attracted over 20,000 trade visitors.

ALSO READ

Export Promotion Council for Handicrafts (EPCH) set-up an exclusive Handicrafts of India pavilion along with member exporters in Index 2022 - Design Fair from 24 – 26 May 2022.

The EPCH India pavilion was Inaugurated by Dr. Aman Puri Consul General, Consulate General of India at Dubai in the presence of Rajesh Kumar Jain - Member COA EPCH, Shri Abhishek Jindal - Member, Central Regional Committee EPCH, and participating exporters.

Rakesh Kumar, DG EPCH informed that this year, 29 out of 50 Indian companies participated in INDEX Fair. The member got a positive response from the buyers on their exclusive products range of candles, wooden handicrafts items, textiles furnishing, leather products, lamps and lighting, ceramics, and rugs and carpets.

RELEVANT NEWS

More than 500 companies participated and attract over 20,000 trade visitors in this edition of Index 2022 after a gap of 2 years Covid Pandemic. Prominent member exporters from Moradabad Mr. Ashok Arora Member COA EPCH and Mohd. Shamsi visited the EPCH pavilion at the fair.

The Middle East countries including UAE are important markets for Indian handicrafts with exports of more than 2485.74 INR crores. The recently signed India-UAE FTA will pave way for enhanced export growth to the WANA region, Dr. Kumar added.

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CREDITS: PIB (The news article has not been edited by DFU Publications staff)

EPCH Participates in INDEX DESIGN FAIR 2022 at Dubai, UAE

CII: MSME Growth Summit 2022

16 June 2022, Mumbai:

The Confederation of Indian Industry (CII) is organising the maiden edition of the Indian MSME Growth Summit, on the occasion of International SME Day, on 27 – 28 June 2022, at The Lalit, New Delhi. The theme for the Summit is “Maximizing MSME outreach for Business Development and Sustainability” with a focus on Finance, Technology, and Digital Commerce.

In the wake of the changing business dynamics across the globe, it is imperative that the key enablers and drivers of businesses are examined and overhauled considering the compelling requirements of the new age business patterns. Today, the future of any MSME Business lies in how it embraces innovation to become future-ready

In the above context, the CII Indian MSME Growth Summit, will bring forth the relevant deliberations and will witness the gathering of senior government officials, leaders from the banking sector, both public and private, private equity and venture capitalists, technology solution providers, and other captains of Industry.

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CII: MSME Growth Summit 2022

Lenzing x TfS: Look to build global sustainable supply chains

16 June 2022, Mumbai:

Lenzing continues to focus on partnering for systemic change

 Clear commitment to improving the environmental footprint of textile and nonwoven industries

 Global initiative TfS promotes the sustainable design of global supply chains

Lenzing

The Lenzing Group, a world-leading provider of wood-based specialty fibers for the global textile and nonwoven industries, has joined the chemical industry’s sustainable supply chain initiative, Together for Sustainability (TfS).

Together with Lenzing, numerous internationally active chemical companies have joined the initiative. Their common goal is to make the global supply chains of the chemical industry sustainable.

“Joining the TfS initiative is another clear commitment to improving the environmental footprint of the global textile and nonwoven industries and proves that sustainability is taken very seriously at Lenzing – so much so that sustainability is at the heart of our business strategy. So much so, that it sits at the core of the Group’s business strategy.

The industry needs innovation in order to transition from linear to circular ways of working, and Lenzing will continue to partner across the supply chain to bring this vision to life,” says Robert van de Kerkhof, Chief Commercial Officer Fiber at Lenzing.

Lenzing x TfS: Look to build global sustainable supply chains

Future Group companies’ results set to get delayed

25 May 2022, Mumbai:

Four listed firms of the Kishore Biyani-led Future Group on Tuesday expressed their inability to convene a board meeting before May 30 to approve their financial results for the March quarter and FY22 on account of vacant positions on their respective boards.

ALSO READ Future of Future Group?

The companies are — Future Retail, Future Lifestyle Fashion, Future Supply Chain Solutions, and Future Enterprises.

In the last two months, Future Retail, the flagship firm of the debt-ridden Future Group, witnessed several top-level exits after its Rs 24,713-crore deal with Reliance Retail was called off.

RELEVANT NEWS Future group promoter plans to plot a comeback in retail space

Earlier this month, FRL’s chief financial officer C P Toshniwal and company secretary Virendra Samani resigned from the company. It is MD Rakesh Biyani had also stepped down this month.

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CREDITS: ET NDTV Business Standard Global Online Money (The news article has not been edited by DFU Publications staff).

Future Group companies’ results set to get delayed

Monforts: Launches modular upgrade programme

20 June 2022, Mumbai:

Major savings with the Monforts modular upgrade programme. Monforts is introducing a range of modular upgrades that can be added to existing finishing lines
already in production.

“Our machines are known for their robustness and long service life, but the retrofitting of specific modules with new control and drive technology – going far beyond the basic replacement of spare parts – can have a significant impact on the performance of an existing line,” says Monforts Marketing Manager Nicole Croonenbroek.

A Monforts Eco Booster, completely integrated into the chamber design of the Montex stenter, is another retrofitting option. As a single state-of-the-art heat recovery system with automatic cleaning, it can be added to existing ranges.

In addition, the Eco Booster consumes only minimal amounts of water during the cleaning cycle and the entire process is controlled and monitored automatically.

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Monforts:  Launches modular upgrade programme

ITME 2022: Soul of Textiles

10 June 2022, Mumbai:

Soul of Textiles” – India ITME 2022 Tradition to Trend under one roof. 

11th edition of India ITME will be held from 8th – 13th December 2022 at India Exposition Mart Ltd, Knowledge Park II, Greater Noida.

 ALSO READ SGCCI to organise the ‘Global Textile Trade Fair’ in the US from June 9

This very important business event for the Textile Engineering Industry is being offered with many new features and facilities for the exhibitors to make good the loss of time and person-to-person contact over the last two years. 

This Business exhibition shall be in a Hybrid format to ensure more connectivity & networking with business visitors and exhibitors for onsite & virtual B2B meetings.

 

 RELEVANT NEWS  Global Textile Trade fair, Atlanta on 9-11 June: Indian Pavilion

The only event in India which brings together 73 Countries & 97 domestic regions of Pan India under one roof; of this 52% of visitor’s belong to top Management & decision-makers enabling them to close business deals decisively.  India ITME-2022 is going to be a very exciting business event for the Textile & Textile Engineering Industry after a long gap.

As an event organizer, India ITME Society has become a globally trusted name for quality and excellence and has successfully served the industry with commitment.

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ITME 2022: Soul of Textiles

G2G Investment Incentive Agreement between India & the US

24 May 2022, Mumbai:

The Government of India and the Government of the United States of America have signed an Investment Incentive Agreement (IIA) today in Tokyo, Japan. The IIA was signed by Shri Vinay Kwatra, Foreign Secretary, Government of India, and Mr. Scott Nathan, Chief Executive Officer, U.S. International Development Finance Corporation (DFC).

ALSO READ

This IIA supersedes the Investment Incentive Agreement signed between the Government of India and the Government of the United States of America in the year 1997. Significant developments have taken place since the signing of the earlier IIA in 1997 including the creation of a new agency called DFC, a development finance agency of the Government of the USA, as a successor agency of the erstwhile Overseas Private Investment Corporation (OPIC) after the enactment of the recent legislation of the USA, the BUILD Act 2018. IIA has been signed, to keep pace with the additional investment support programmes, offered by the DFC, such as debt, equity investment, investment guaranty, investment insurance or reinsurance, feasibility studies for potential projects, and grants.

RELEVANT NEWS

The Agreement is the legal requirement for DFC, to continue providing investment support in India. DFC or their predecessor agencies are active in India since 1974 and have so far provided investment support worth $5.8 billion of which $2.9 billion is still outstanding.

Proposals worth $4 billion are under consideration by DFC for providing investment support in India. DFC has provided investment support in sectors that matter for development such as COVID-19 vaccine manufacturing, healthcare financing, renewable energy, SME financing, financial inclusion, infrastructure, etc.

It is expected that the signing of IIA would lead to enhanced Investment support provided by DFC in India, which shall further help in India’s development.

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CREDITS: PIB (The news article has not been edited by DFU Publications staff).

G2G Investment Incentive Agreement between India & the US
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