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Integrated into the polyamide-6 facility at the Caojing site in Shanghai: the new loopamid plant. (Source: BASF)
Circular Economy

BASF Starts Up Plant for Recycled Polyamide 6

BASF starts up its first commercial loopamid plant for recycled polyamide 6 at the Caojing site in Shanghai, China. loopamid is capable of transforming textile waste into a valuable resource, helps save raw materials and closes the textile loop. The unit will have an annual capacity of 500 metric tons.

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With around 6,000 European companies operating in India and an annual trade of 180 billion euros between the EU and India at present, the trade deal intends to double EU goods exports to India by 2032. (Source: © NazeerArt - stock.adobe.com)
EU-India Free Trade Agreement

Tariff Breakthrough: How the EU–India Pact Reshapes Chemicals and Pharma Trade

The EU-India free trade agreement is expected to double EU goods exports to India by 2032. With a specific focus on the chemicals and pharmaceuticals industries, the trade deal highlights that India will eliminate current tariffs of up to 22 % on EU chemicals and 11 % on EU pharmaceuticals while the EU will also cut tariffs to zero on Indian chemical exports as well as offer Indian pharmaceutical and medical devices companies’ preferential access to the EU market. In this scenario, what do industry leaders in the chemical and pharma space have to say about the EU-India free trade deal? Read on to find out…

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