Employment in plastics manufacturing overtakes U.S. manufacturing industry

Despite a widespread movement to reduce the production and use of plastics, demand for the material shows no signs of slowing down. The Plastic Industry Association Size and Impact Report 2021, which is released annually, provides a benchmark in terms of data on employment, capital spending, shipments, and other specialist numbers. “The plastics manufacturing industry has grown faster than any ...

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FinMin notifies the procedure for granting rights credit for goods exported under RoDTEP

The Ministry of Finance has notified the procedure for granting duty credit for exported goods under the tax refund scheme on remission of duties and taxes on exported products (RoDTEP). Tariffs for 8,555 products, including marine, agriculture, leather, gemstones and jewelry, were announced as part of the export promotion program in August this year. The value of the goods for ...

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African Development Fund approves $ 116 million to upgrade road corridor in Tanzania

The African Development Fund board on Wednesday approved a loan of around $ 116 million to the Tanzanian government to modernize a 160 km Mnivata-Newala-Masasi road corridor in the south of the country. The Bank loan represents 98.71% of the project cost; the Tanzanian government will provide the remaining 1.29% of the funding. The project will upgrade the causeway, including ...

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Costco’s e-commerce sales up 44.4% year-on-year

Costco reported fourth-quarter e-commerce profits up 11.2% year-on-year and 44.4% for its fiscal year, according to a Press release. Costco executive vice president and chief financial officer Richard A. Galanti said the company has seen its mobile app reach more than 10 million downloads. “It is continually improving with additional features to come,” he said, by a transcription of a ...

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Paragon Medical Paves the Way for New Additive Manufacturing Plant in Pierceton, IN | Indiana

PIERCETON, Ind., September 23, 2021 / PRNewswire / – Paragon Medical, a global supplier of medical components and products, announced the inauguration of a new additive manufacturing facility in Pierceton, Indiana. Paragon Medical inaugurated the new facility today in the presence of local dignitaries including Joseph Thallemer, Mayor of Warsaw; David Rosenberg, executive vice-president of the IEDC; and Mary martin, ...

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AP Chambers deplores the shortage of containers for exports

Vijayawada: The Federation of PA Chamber of Commerce and Industry (PA Chambers) during a representation to Union Minister of Trade and Industry Piyush Goyal briefed him that a sufficient number of containers were not available at major ports, causing problems for the country’s exporters. Speaker of Chambers Pydah Krishna Prasad and Secretary General B Rajasekhar stressed in the memorandum that ...

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South African wine industry plans more exports to China

by Xinhua writer Lyu Tianran CAPE WINELANDS, South Africa, Sept. 23 (Xinhua) – The constantly emerging vineyards along the roads of the southwestern tip of South Africa were nearly bare this time of September, the first month of spring here. Although in stark contrast to those in wine-growing countries in the northern hemisphere, South African wineries expect their vines to ...

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State sues major Minnesota egg farmer, accuses it of price hikes in pandemic

Minnesota Attorney General Keith Ellison is suing Sparboe Farms, alleging the Litchfield-based egg farmer scammed consumers during the pandemic’s initial food-buying spree. Sparboe retaliates, saying the attorney general’s office either does not understand how the industry works or wrongly blames it for forces beyond the control of the company. It is the latest in a series of lawsuits filed against ...

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Residential construction is essential to the US economy and supports several manufacturing industries

WASHINGTON, DC (WWLP) – Everything you need to build and furnish a home comes from businesses that employ hundreds of thousands of people and generate billions of dollars in revenue. From concrete, lumber, and nails to rugs, appliances, and furniture, every item must be made, shipped, sold, and delivered, creating a nationwide network that is a vital driver of the ...

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What’s on the horizon for UK meat exports to the EU?

Despite home to the lion’s share of red meat and dairy exports, shipments to the EU have steadily declined over the past 18 months – factors such as Brexit, COVID-19 and the subsequent closure of the restoration having a major impact. However, according to AHDB’s latest Horizon report, “Exploring the EU: Understanding Consumers’ Needs”, opportunities still exist to increase business ...

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