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Greenstars from Gemata

Greenstars is the new generation rollercoating machine from Gemata, which integrates and improves the previous model, Megastars, and allows for the finishing of cowhides, very light sheepskins and crusts, with a covering and precise effect even on very defective leathers and with high thickness variations, the company says. 

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Volvo forecasts strong recovery in second half of 2020

The Swedish car manufacturer posted an operating result of SEK-989 million (US$-111 million) over the first six months of 2020, as revenue fell by 14.1% to SEK111.8 billion (US$12.6 billion), due to the impact from the coronavirus pandemic and its effect on the global economy. However, the company said it expects business to recover in the second half of the year as car markets normalise. 

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U.S. – China trade war would cost U.S. families US$767 a year

A study conducted by consultancy firm Trade Partnership Worldwide has examined the economic effects of the actual and threatened tariffs on the U.S. economy and U.S. workers one to three years after the hike in tariffs have been in effect. Products listed on escalation of tariffs include leather, leather products and allied manufacturing, motor vehicles and parts.

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Wax and fatliquors from Tannin Corp

U.S. based Tannin Corporation has introduced two new fatliquors and wax into the market. Located in Peabody, Massachusetts, the Company is a global specialist in providing leather chemicals for American lifestyle and upholstery applications among others.

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Vietnam shoe sector considers impact of U.S.-China trade war

Vietnam’s footwear exports are reported to have increased +8.4% in the first half of 2018, year-on-year, to US$9.45 billion. If the availability of local raw materials still fails to meet demand, this could change once new Free Trade Agreements (FTAs) come into effect in 2019, and if the trade war between the U.S. and China persists.

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