Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
  1. Homepage
  2. Equities
  3. Switzerland
  4. Swiss Exchange
  5. SGS SA
  6. News
  7. Summary
    SGSN   CH0002497458

SGS SA

(SGSN)
  Report
Delayed Swiss Exchange  -  11:31 2022-11-29 am EST
2185.00 CHF   -2.02%
11/29Sgs : EU General Court Annuls Classification of Titanium Dioxide as Carcinogenic
PU
11/29Sgs : Recognized Again as a Sustainability Leader by MSCI
PU
11/25Barclays Lowers Price Target on SGS, Downgrades Recommendation to Underweight From Overweight
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies
Days
:
Hours
:
Minutes
:
Seconds

SGS : Ukraine Announces Draft Orders for Certain Food Contact Materials and Articles

09/16/2022 EST

SG 106.22

Ukraine has issued three pieces of draft legislation to regulate several categories of food contact materials and articles. Their safety requirements are aligned with those of the European Union.

In August 2022, Ukraine's Ministry of Health issued three draft Orders to regulate food contact ceramics and food contact plastics, as well as N-nitrosamines and N-nitrosatable substances in elastomer and rubber teats and pacifiers. These proposals aim to align the safety requirements for food contact materials and articles with those in the European Union (EU).

Highlights of the three draft Orders are summarized in Table 1.

Draft Order of the Ministry of Health of Ukraine Highlight Date of entry into force
On prohibition of the use of 2,4,4'-trichloro-2-hydroxydiphenyl ether in the manufacture of plastic materials and articles intended for contact with food [1]* Prohibits 2,4,4'-trichloro-2-hydroxydiphenyl ether in the manufacture of food contact plastics Three months after publication in the official journal
On approval of the requirements for ceramic products intended for contact with food [2, 3]** Requirements for migration of lead and cadmium (see Table 2 below) Six months after publication in the official journal
On approval of the criteria for the release of N-nitrosamines and N-nitrosatable substances from elastomer and rubber teats and soothers [4, 5]*** ≤ 0.01 mg/kg N-nitrosamines
≤ 0.1 mg/kg N-nitrosatable substances
Six months after publication in the official journal

(the restriction of N-nitrosamines and N-nitrosatable substances applies from January 1, 2024)

*Aligns with Commission Decision 2010/169/EU of March 19, 2010 'Non-inclusion of 2,4,4'-trichloro-2-hydroxydiphenyl ether in the Union list for the manufacture of food contact plastics'. Food contact plastics manufactured with 2,4,4'-trichloro-2'-hydroxydiphenyl ether and placed on the market on or before January 1, 2023, may continue to be marketed until January 1, 2024
**Aligns with Directive 84/500/EEC 'Food contact ceramics' (consolidated version to May 2005). Food contact ceramics manufactured before the date of entry into force may remain on the market until stocks are exhausted
***Aligns with Directive 93/11/EEC 'Release of N-nitrosamines and N-nitrosatable substances from elastomer or rubber teats and soothers'

Table 1

Annex 1 to Draft Order of the Ministry of Health of Ukraine 'On approval of requirements for ceramic products intended for contact with food' (per draft Order text), August 22, 2022
Category of Food Contact Ceramic Requirement
Lead Cadmium
Category 1:
Articles which cannot be filled and articles which can be filled, the internal depth of which, measured from the lowest point to the horizontal plane passing through the upper rim, does not exceed 25 mm
≤ 0.8 mg/dm² ≤ 0.07 mg/dm²
Category 2:
All other articles which can be filled
≤ 4.0 mg/L ≤ 0.3 mg/L
Category 3:
Cooking ware; packaging and storage vessels having a capacity of more than three liters
≤ 1.5 mg/L ≤ 0.1 mg/L

Table 2

SGS technical experts have extensive knowledge and testing experience in materials and articles in contact with food. They work to ensure that your products meet the appropriate regulations for food contact materials, paving the way for compliance. From overall migration tests to expert advice on emerging regulations, compliance issues and documentation review, SGS is the partner to trust. In the end, it's only trusted because it's tested. Discover more on our website.

For enquiries, please contact:

Dr. Hingwo Tsang
Global Information and Innovation Manager
t: (+852) 2774 7420

© SGS Société Générale de surveillance SA- 2022 - All rights reserved - SGS is a registered trademark of SGS Société Générale de surveillance SA. This is a publication of SGS, except for 3rd parties' contents submitted or licensed for use by SGS. SGS neither endorses nor disapproves said 3rd parties contents. This publication is intended to provide technical information and shall not be considered an exhaustive treatment of any subject treated. It is strictly educational and does not replace any legal requirements or applicable regulations. It is not intended to constitute consulting or professional advice. The information contained herein is provided "as is" and SGS does not warrant that it will be error-free or will meet any particular criteria of performance or quality. Do not quote or refer any information herein without SGS's prior written consent.

Disclaimer

SGS SA published this content on 16 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 September 2022 14:59:07 UTC.


ę Publicnow 2022
All news about SGS SA
11/29Sgs : EU General Court Annuls Classification of Titanium Dioxide as Carcinogenic
PU
11/29Sgs : Recognized Again as a Sustainability Leader by MSCI
PU
11/25Barclays Lowers Price Target on SGS, Downgrades Recommendation to Underweight From Over..
MT
11/24Gilt Sale Scheme 'Runs in the Background', Says BOE Economist, Pill
DJ
11/21JP Morgan Downgrades Rating on SGS to Underweight From Neutral
MT
11/17Kepler Cheuvreux Lowers Price Target on SGS, Maintains Hold Recommendation
MT
11/17Presswire 2022/2023 : Canada carbon announces completion of a new resource estimate for it..
AQ
11/16Morningstar Downgrades Recommendation on SGS to Hold From Buy, Maintains Price Target
MT
11/16Switzerland's SGS Plans 1,500 Layoffs Globally Under Cost-Cutting Program
MT
11/16SGS Expects FY22 Revenue Growth At Upper End of Forecast Amid Improved Momentum
MT
More news
Analyst Recommendations on SGS SA
More recommendations
Financials
Sales 2022 6 732 M 7 072 M 7 072 M
Net income 2022 641 M 673 M 673 M
Net Debt 2022 2 110 M 2 216 M 2 216 M
P/E ratio 2022 25,5x
Yield 2022 3,69%
Capitalization 16 369 M 17 195 M 17 195 M
EV / Sales 2022 2,74x
EV / Sales 2023 2,62x
Nbr of Employees 96 372
Free-Float 80,8%
Chart SGS SA
Duration : Period :
SGS SA Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SGS SA
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 18
Last Close Price 2 185,00 CHF
Average target price 2 391,41 CHF
Spread / Average Target 9,45%
EPS Revisions
Managers and Directors
Frankie Ng Chief Executive Officer
Dominik de Daniel Chief Financial Officer
Calvin Grieder Chairman
Olivier Merkt Vice President-Corporate Development
Shelby R. du Pasquier Independent Non-Executive Director