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AIMPLAS develops new techniques to give a second life to packaging, textile, tyre, and mattress waste According to estimates by the European Tyre and Rubber Manufacturers Association (ETRMA), up to four million tonnes of end-of-life tyres…

OTTO Motors Launches World’s Smartest Autonomous Forklift OTTO Motors, a leading provider of autonomous mobile robots (AMRs) today announced the availability of OTTO Lifter, the smartest autonomous forklift on the market. With more than a…

Myanmar to accept Thai baht for border trade, eyes using rupee Myanmar will start accepting the Thai baht currency for settling border trade transactions and is also looking at a similar plan to use the Indian rupee for such trade, the…

Myanmar's sea trade surges in interim budget period Myanmar's maritime trade increased by over US$770.2 million in the first four months of the interim budget period, compared to the same period of the last fiscal year of 2020-2021,…

Cambodia-EU trade up 4.6 percent to $4.98 billion last year Bilateral trade between Cambodia and the European Union (EU) was valued at 4.5 billion euros ($4.98 billion) in 2021, up 4.6 percent from a year earlier, said a joint press release…

Meghna Industrial EZ receives $100m in foreign investment – highest in private zones A total of 12 foreign companies from seven different countries finalized agreements to put their money in the industrial hub near the Dhaka-Chattagram…

Recycling plastic bottles to make garments Bangladesh is set to become a major source of recycled yarn and fabrics made from plastic bottles as the country looks to capture more market share of global high value-added garment items such as…

Germany’s Framas Group expands local production Framas Group, the leading injection molding machine manufacturer of Germany, has unveiled its plan aimed at expanding production activities in Nhon Trach 2 Industrial Park in the southern…

Vietnam attracts nearly 5 billion USD of FDI in two months Foreign investors have poured nearly 5 billion USD in Vietnam so far this year, equivalent to 91.5 percent of that in the same time last year, reported the Foreign Investment Agency…

LANXESS increases prices for hexanediol Specialty chemicals company LANXESS is raising its prices for 1,6-hexanediol (HDO) globally with immediate effect. The increase amounts to EUR 1,200 per metric ton. HDO is an important precursor for…