Tata Steel’s proposal to construct a £1.25 billion electric arc furnace (EAF) at its Port Talbot steelworks has been approved by the official from the Port Talbot planning committee. With construction set to commence this summer, the new facility is expected to be fully operational by early 2028. Designed to primarily process scrap steel, the […]
COS, a London-based fashion brand owned by the H&M Group, has revealed its first limited-edition denim capsule collection made up of 20% pre-loved Cos clothing. COS REMADE introduced the brand’s first denim capsule, comprising five versatile womenswear styles crafted from 20% collected, pre-loved cotton pieces by COS. The limited-edition collection gives fibres renewed purpose, reimagining […]
Heathrow Airport CEO Thomas Woldbye is set to respond today to the UK Government’s strong backing for the airport’s expansion, including plans for a third runway. Mr Woldbye is to announce the largest private investment programme in Heathrow’s history and confirm the airport is developing proposals for a third runway to share with Government by […]
Chief Financial Officer Koushik Chatterjee stated that Tata Steel’s growth strategy will prioritize financial prudence, ensuring that expansion does not come at the cost of rising debt. The company plans to balance internal accruals and deleveraging to sustain its financial health. Tata Steel has revised its breakeven timeline for UK operations, projecting a delay of six […]
The UK steel industry is struggling with challenges due to the soaring electricity costs, threatening its competitiveness and long-term viability. According to UK Steel, the country’s steelmakers are struggling with electricity costs that are up to 50% higher than those in Germany and France. This notable price gap, amounting to approximately £22 per megawatt-hour, is […]
UK port operator Peel Ports will implement higher steel handling and storage fees at the Port of Liverpool starting April 1, citing a 10% rise in operational costs and other contributing factors. The port has recently invested in two new indoor storage facilities dedicated to steel and metals, adding to its existing sheds nine and […]
UK small and mid-sized firms reported a 128% surge in average sales during Q3 2024, alongside a 123% rise in purchase orders (POs) placed with suppliers, according to inventory management software provider Unleashed. Fashion manufacturers—including footwear and accessories producers—achieved the fourth-largest increase in sales revenue among the 12 manufacturing categories analysed, as well as the […]
With the latest developments in the industry, British Steel has been facing challenges due to the forced shutdown of one of its two blast furnaces at the Scunthorpe plant. The shutdown occurred at British Steel after the company mistakenly imported low-quality coke, following the closure of its coke ovens in 2023, an error leading to […]
UK Steel has announced that the government will hold the first meeting of the newly formed Steel Council later this afternoon, according to their official Press Release. The UK steel industry is currently operating in a challenging and uncompetitive environment with echoes of the 2015-16 steel crisis, including rising imports, loss of market share, and […]
The survival of Britain’s steel industry hinges on embracing new technologies and shifting to greener production methods, a British MP told The National. Nic Dakin, the MP for Scunthorpe, where British Steel has a large steelmaking plant, said that the industry is undergoing significant restructuring that could provide this industry a positive future for the […]
The International Cotton Advisory Committee (ICAC) has released a comprehensive report [1] focusing on soil health in cotton farming methods. The report highlights the critical role of healthy soils in enhancing cotton productivity and sustainability, especially in the face of climate change. The report emphasized the importance of regenerative agricultural practices, such as cover cropping […]
Bilfinger, a leading industrial services provider, has partnered with Cerulean Winds [1] to spearhead the North Sea’s renewable energy transition. Bilfinger will serve as the operations and maintenance (O&M) partner, bringing decades of experience in development planning and a deep understanding of the offshore energy sector. The collaboration focuses on the development of three floating […]
Vestas announced [1] a significant order from SSE Generation Limited for the Strathy South wind energy project in Scotland. The order includes the supply, delivery, installation, and commissioning of 35 V162-6.2 MW wind turbines, marking the first deployment of this turbine model in the UK. James Robinson, Vestas UK Country Manager and Sales Director for […]
Canopy has released its annual Hot Button Report for 2024 [1], tracking the sustainability progress of man-made cellulosic fiber (MMCF) producers. The report reveals encouraging strides and critical areas for growth in the MMCF sector, with 97.5% of global production now represented. This year, 71% of rated producers earned green, partial dark green, or dark […]
London Fashion Week (LFW) has announced a landmark ban on exotic animal skins [1], including crocodiles, alligators, snakes, and other wild animal leathers, from their runway collections. This move extends the ban on fur introduced last year. LFW is the first of the “big four” fashion weeks—alongside New York, Milan, and Paris—to implement such a […]
The Accelerating Climate Transition (ACT) initiative has unveiled a new framework designed to assist fashion and luxury brands, manufacturers, and retailers in tracking their climate commitments. Endorsed by major players [1] like LVMH and Chanel, this tool aims to evaluate whether companies are on course to meet their low-carbon objectives, addressing the significant greenhouse gas […]
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 […]
Textile researchers from Scotland’s Heriot-Watt University, led by Dr. Lisa Macintyre, have developed a visual fibre fragmentation scale [1]—the world’s first textile grading system of its kind aimed at fighting microplastic pollution in the fashion industry. The new grading system is the result of four years of research. The five-point scale assesses the volume of […]
In a growing trend of cross-industry collaboration in sustainable luxury design, BMW has partnered with British Vogue [1] to celebrate emerging talent through their Future Creators Design Competition. This is the first collaboration of its kind between automotive and fashion design. The competition invited aspiring designers, including students and recent graduates, to create pieces inspired […]
German sportswear giant Puma has unveiled its new podcast series[1], “Green Flags,” to engage environmentally conscious Gen Z listeners. The five-part series reimagines sustainability education through a competitive narrative, turning climate action into an entertaining challenge. Conversations cover a range of topics, from carbon footprint analysis to textile circularity. Hosted by Manchester United captain Maya […]
ArcelorMittal won a bid on Tuesday to put a subsidiary of Liberty Steel, owned by commodities tycoon Sanjeev Gupta, into administration. The decision came after the court declared that Liberty Steel owed ArcelorMittal a debt of €140 million (approximately $147.4 million) which a London court found was unlikely to be paid. ArcelorMittal sued Liberty Steel […]
Low Carbon, a UK-based renewable energy investor sold a significant 6 GW battery storage project to S4 Energy in the Netherlands. One of the largest battery storage initiatives worldwide, the project aims to assist in balancing supply and demand as the Netherlands targets a 39% renewable energy mix by 2030 due to challenges in meeting […]
South Wales – Tata Steel’s Port Talbot plant, the largest steelworks in the UK, has, for almost a century, stopped production officially, leading to a very critical day in the country’s economic and industrial sector. The shuttering is anticipated to cause nearly 3,000 job cuts and affect thousands more in the region of South Wales through the […]
