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One obvious consequence of Lanxess’s decision to sell its chrome chemicals business is that chrome-tanned leather, which is frequently the subject of unfair criticism, will lose one of its most outspoken defenders.
65% of tanners feel that the global leather business environment has deteriorated significantly over the past 12 months, with 57% believing there will be further consolidation or contraction of the market in the future. These are just some of the insightful findings from the 2019 ILM Tanner Business Confidence Survey.
With less than three weeks to go for the inauguration of the 22nd edition of ACLE, we draw readers’ attention to the Event Agenda where there are a wide selection of conferences, seminars, workshops and demonstrations by exhibitors that are available in which interested parties can participate this year.
Leatherbiz reports that leather chemicals company Lanxess has confirmed that the proposed sale of its chrome chemicals business to Chinese manufacturer Brother Enterprises does not include the chrome mine it owns and runs in Rustenburg in South Africa.
The Hong Kong-listed footwear manufacturer is expected to move more of its manufacturing from China to other Southeast Asia countries as a consequence of the U.S.-China trade conflict, reports ILM.
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