On Monday, U.S. President-elect Donald Trump said that a set of tax incentives and tariffs would bring back the iconic American firm U.S. Steel. He also reiterated his opposition to Nippon Steel’s proposed $15 billion purchase of the company. “I am totally against the once great and powerful U.S. Steel being bought by a foreign […]
Executive Vice-President Stephane Sejourne said on Tuesday that the European Commission would look into ways to extend measures to limit steel imports as part of an overall plan to protect the sector with the intention of decarbonizing. Reuters reported that Sejourne, the French commissioner responsible for the European Union’s industrial policy, told reporters during a […]
Commerz Real for its Klimavest sustainable infrastructure investment fund has took over a new 57.6MW wind farm in the Irish midlands. Through the takeover of Moanvane Wind Farm in County Offaly, Klimavest is making its debut into the Irish renewables sector. The wind farm which is stationed about a 90-minute drive west of Dublin has […]
Government ministers are considering renationalizing British Steel in a final effort to protect thousands of jobs, as tensions increase amid a standoff between the government and the company’s Chinese owners over a £1 billion investment. Jonathan Reynolds, the business secretary, is in talks with British Steel and its owner, Jingye, about how much each party […]
TextileGenesis, a Lectra Group company, and the Aid by Trade Foundation (AbTF) have announced the extension of their successful partnership to advance traceability for Cotton made in Africa (CmiA) verified fibre. This collaboration underscores their shared commitment to supply chain transparency and sustainable cotton production.CmiA, a globally recognised standard for sustainable cotton, supports African smallholder […]
In the fashion industry, sustainability is becoming a popular choice and a vital necessity. More well-known large brands are making obvious attempts to implement sustainable practices, and many new sustainable brands are emerging as a result of the growing demand and awareness for long-lasting and sustainable apparel. One of the companies setting the standard for […]
In a landmark decision, the Council of the European Union has adopted a regulation [1] prohibiting the sale, import, and export of products made using forced labor, including textile products. This regulation, approved on November 19, 2024, aims to eradicate forced labour within the EU market and promote global human rights. This is the last […]
Primark has extended its Textile Takeback Scheme to Portugal, making it easier for customers to recycle clothing and textiles. This initiative aligns with the brand’s sustainability goals, encouraging customers to donate items like used clothing, bedsheets, and towels for recycling or reuse.The scheme is now available in Primark’s Portuguese stores after achieving success in the […]
