All articles by chris cox
chris cox
China: New sponsor confirmed for Automotive Upholstery Leather in Asia
The APLF has been confirmed as the latest sponsor of LEATHER International’s Automotive Upholstery Leather in Asia conference, taking place on September 3.
Pakistan: Leather exports in decline
Agha Saiddain, chairman of the Pakistan Tanners Association, has expressed concern over the leather industry’s stagnant growth at a meeting of industry stakeholders.
Bangladesh: breakthrough in Savar tannery debate
As part of its long-running efforts to relocate leather processing factories from Dhaka’s Hazaribagh district to the leather industrial park of Savar, the Bangladeshi government has agreed to pay a compensation of Tk2.5 billion to 155 tanneries. A central effluent treatment plant (CETP) costing more than Tk8.28 billion will also be installed at the new site, according to ministry sources.
India: Australian government to help tackle Ganges pollution
At present, the Ganga is one of the world’s five most polluted rivers, and the tannery industry is one of the worst offenders. Engaged in the removal of flesh, fat and hair, as well as chemical treatments, these tanneries dispose of waste by discharging it into the water. The effluents threaten biodiversity and adversely affect the river’s flow. The upcoming project, funded by AusAID, will aim to clean the river and explore alternative options for Kanpur’s tannery industry.
USA: Car sales see significant year-on-year increase
In May, US light passenger vehicles sales were 1,443,311 sales, up 8.2% and it was the 24th year-on-year increase in a row.
Mongolia: Plans for pan-industry investment
The government of Mongolia has committed itself to look at upgrading existing leather factories in the region, as well as financing a new complex in Darkhan-Uul province.
International: Rising demand for leather goods promises long-term growth
The global leather goods industry is forecast to reach revenues of $91.2 billion by 2018, according to a recent study.
India: Leather leader seeks larger share of market
Clariant have opened an Indian leather excellence centre at a cost of Rs 5.8 crore.
Drought and high costs see US cattle herd shrink
Federally Inspected Slaughter for the 4-week period ending July 13, 2013, was estimated at 626,750 against 631,750 a year earlier. The year to date total of 17,047,000 is 1.5% down or 251,000 fewer head of cattle. This compares with 638,700 against 638,000 in our last report.
Extracts from the SauerReport – July
It seems we have arrived in the summer holiday mood sooner than one should expect. The hide market is stuck. The biggest buyers in Asia are seemingly having continuing problems with the opening of LCs due to the cash squeeze by the Chinese government. Orders are below expectations and we know some have bought more in the past than they need today. The government actions can also be the perfect excuse.