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Director general of the United Nations Industrial Development Organisation (UNIDO), Li Yong, has said China’s economic success in recent decades would not have possible without the globalisation that occurred at the same time, reports Leatherbiz.
Oil remains Nigeria's biggest source of income, but after recovering from its first recession in 25 years, Africa's most populous country is looking to diversify its economy, CNN report.
The company will be opening new Footwear Development Centers in Thailand and the U.S., while expanding its center in Italy. It will also open a brand new Innovation Center in Taiwan, according to BASF’s head of communications, Susan Jackson.
Uzbekistan will have a new cluster for the production of leather and shoes by the end of the year, according to local media reports. Located in the Jizzakh region, it is a joint development with counterparts in Turkey.
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