TRADE WARS
NEWS

GROWING TENSIONS SINCE THE ELECTION OF DONALD TRUMP TO PRESIDENCY HAS TURNED CHINA-USA RELATIONS INTO A “HOT” TRADE WAR.

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NESTLE
NEWS

NESTLÉ SA, ANNOUNCED PLANS TO MAKE 100% OF ITS PACKAGING RECYCLABLE OR REUSABLE BY 2025.

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TEMA
NEWS

ITALIAN CONSTRUCTION PRODUCTS MANUFACTURER TEMA IS BUILDING A 4,000 SQUARE-METER FACILITY IN WEST VIRGINIA, WHERE IT WILL PRODUCE INSULATION AND DRAINAGE PRODUCTS FROM RECYCLED PLASTICS.

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OVERVIEW

ITALY IS EUROPE’S SECOND LARGEST PLASTIC MANUFACTURER AFTER GERMANY AND HAS A PARTICULARLY NOTEWORTHY PRESENCE IN THE PLASTIC AND RUBBER MACHINERY INDUSTRY.

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OPPORTUNITIES

ITALY SERIOUSLY BOLSTERED ITS ECONOMY WITH RECENT STRUCTURAL REFORMS. BY MAKING TAX, LEGAL AND VISA SYSTEMS MORE TRANSPARENT, THEY SIMPLIFIED THINGS FOR THE FOREIGN INVESTOR.

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HOW TO TRADE

IN ORDER TO KEEP UP WITH DEVELOPING GLOBAL ECONOMIES AND SURPASS THEM, ITALY HAS EXPEDITED ITS STRUCTURAL REFORM EFFORTS. THESE EFFORTS ARE DRIVEN BY THE MINISTRY OF ECONOMIC DEVELOPMENT AND THE MINISTRY OF FOREIGN AFFAIRS AND INTERNATIONAL COOPERATION AND ARE SUPPORTED BY ALL OF ITALY’S INSTITUTIONS AND ORGANIZATIONS THAT ARE RELATED TO TRADE AND ECONOMICS.

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SECOND IN THE WORLD
FOCUS

TURKEY IS ONE OF THE LEADING COUNTRIES IN THE WORLD HOME APPLIANCE INDUSTRY. ITS LARGE AND STILL-GROWING MIDDLE-CLASS, AS WELL AS ITS SIZEABLE HOME APPLIANCE INDUSTRY CONTRIBUTE TO TURKEY’S SIGNIFICANCE BOTH AS A MARKET AND AS A PRODUCTION CENTER.

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ACTORS & DEMANDS
FOCUS

SOME OF TURKEY’S MOST IMPORTANT COMPANIES IN TERMS OF PRODUCTION, EXPORTS, KNOW-HOW AND EMPLOYMENT ARE IN THE HOME APPLIANCE INDUSTRY. AS OF 2014, THERE WERE THREE HOME APPLIANCE MANUFACTURERS AMONG TURKEY’S TOP 30 INDUSTRIAL COMPANIES AND SEVEN OF THEM IN THE TOP 500.

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AS STRONG AS STEEL

WALLACE HUME CAROTHERS, A CHEMIST, MADE AN INVENTION DURING THE FIFTH YEAR OF HIS CAREER AT DUPONT. HE GOT THE PATENT FOR THE PRODUCT, WHICH HE CALLED “POLYMER 6-6”, ON FEBRUARY 16, 1937, AND PROBABLY GOT HIMSELF DREAMING ABOUT THE FUTURE AND THE MYRIAD AREAS OF UTILIZATION OF THE PRODUCT.

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