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POSTS-News- Plastic-Petrochemicals – POSTS 新闻 Plastic Petrochemicals

POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 POSTS 新闻 Plastic PetrochemicalsPOSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals 

-7 Startups Recycling Plastic with New Technology – Last year, scientists took a crack at calculating the total amount of plastics produced since about 1950. They came up with 8.3 billion metric tons (or more than 9 billion good-old American tons), about three-quarters of which has become waste – Recycling Plastic New Technology

POSTS 新闻 Plastic Petrochemicals

-Lanxess Expands Capacity for Macrolex Dyes at Its Leverkusen Site -Germany; www.lanxess.com) will expand the capacity for Macrolex dyes at its Leverkusen site. With an investment volume of more than €5 million, the current production capacity is to be increased by 25% – Lanxess Capacity Macrolex Dyes Leverkusen Site  

POSTS 新闻 Plastic Petrochemicals

-China – Filament Grade Semi Dull PET Chip – PET bottle chip 瓶芯 – Pet chip resin 宠物芯片树脂

POSTS 新闻 Plastic Petrochemicals

-Europe PET spot shortage may continue through the first quarter- The shortage of spot polyethylene terephthalate (PET) in Europe will continue through to the end of the first quarter or into the second quarter – Europe PET polyethylene terephthalate spot shortage

POSTS 新闻 Plastic Petrochemicals

-Auxiliary equipment maker Piovan to manufacture in India – Italian auxiliary equipment maker Piovan SpA plans to set up manufacturing in India by the end of next year – Auxiliary equipment Piovan manufacture India

 POSTS 新闻 Plastic Petrochemicals

-Harrogate Water Argues The Case For PET Plastic Bottles – Harrogate Water is arguing the case for PET Plastic Bottles and in a landmark move towards achieving a circular economy, Britain’s oldest bottled water brand has announced it has successfully secured sufficient availability of recycled PET (rPET), to ensure all product shall contain 50 per cent recycled content from April 2018 – Harrogate Water PET Plastic Bottles

POSTS 新闻 Plastic Petrochemicals

-Armacell’s PET foam innovation on display at JEC -As loose PET-based beads for manufacturing ready-to-use 3D-shaped foam cores for composite sandwich structures, ArmaShape combines the high mechanical properties of structural foam cores with the advantages of particle foams, offering lightweight and strong 3D-shaped foam parts that are producible in nearly any shape – Armacell PET foam innovation JEC

POSTS 新闻 Plastic Petrochemicals

 

-Cooling Fabrics Are Becoming Really Cool – Companies involved in the development of fabrics that achieve a cooling effect are proliferating in the U.S. to meet demands by apparel makers and other manufacturers – Cooling Fabrics Becoming Really Cool

POSTS 新闻 Plastic Petrochemicals

 

-Henkel boasts strong sustainability record in 2017 – Sustainability performance improved once more – Henkel sustainability record 2017 ocean plastic

POSTS 新闻 Plastic Petrochemicals

POSTS-News- Plastic-Petrochemicals – POSTS 新闻 Plastic Petrochemicals

POSTS 新闻 Plastic Petrochemicals  POSTS 新闻 Plastic -Petrochemicals  POSTS 新闻 Plastic Petrochemicals   POSTS 新闻 Plastic Petrochemicals  POSTS 新闻 Plastic Petrochemicals  POSTS 新闻 Plastic Petrochemicals

-Gneuss brings rotation and automation to NPE – Gneuss Extrusion Technology will showcase a number of innovative new plastics processing technologies for plastics processing and extrusion – Gneuss rotation automation NPE

POSTS 新闻 Plastic Petrochemicals

-EU mulls new measures for ‘single circular economy’, taxes on plastics – The EU should keep and recycle its “valuable plastic” within a “single circular economy”, according to the European Commission’s vice president for jobs, growth, investment and competitiveness – EU single circular economy taxes plastics

POSTS 新闻 Plastic Petrochemicals

-Top 4 Nanotechnologies Already Used In Fashion – Top 4 nanotechnologies already used in fashion. According to the Consumer Products Inventory, more than 1,700 products are manufactured with nanocomponents and nanoparticles – Top 4 Nanotechnologies Fashion nanocomponents nanoparticles

 POSTS 新闻 Plastic Petrochemicals

-Saltex and mtex+ sign cooperation agreement – Eight companies of the Smart Textiles Platform from the Austrian region Vorarlberg will exhibit at the seventh international fair for technical textiles mtex+, which takes place from 29-30 May in Chemnitz, Germany – Saltex mtex agreement Smart Textiles Platform

POSTS 新闻 Plastic Petrochemicals

-Crude Oil : WTI BRENT 原油 – Crude oil WTI BRENT 原油

POSTS 新闻 Plastic Petrochemicals

-China – Filament Grade Semi Dull PET Chip – PET bottle chip 瓶芯 – Pet chip resin 宠物芯片树脂

POSTS 新闻 Plastic Petrochemicals

-Propane and naphtha in battle for European petrochemical demand – A behind-the-scenes battle is raging in the European petrochemical industry, as refined oil product naphtha and natural gas liquid (NGL) propane compete to be the feedstock of choice for crackers – Propane naphtha European petrochemical demand

POSTS 新闻 Plastic Petrochemicals

-Celanese Increases Low-Density Polyethylene Prices – Celanese (CE) announced that it would increase the prices of low-density polyethylene (or LDPE). The price increase is expected to be $0.04 per pound – Celanese Low Density Polyethylene LDPE Prices

POSTS 新闻 Plastic Petrochemicals

-Global masterbatch market projected to exceed $14 billion by 2024 – The global masterbatch market is likely to grow at a compound annual growth rate (CAGR) of more than 5.4% through 2024, according to a new study from Global Market Insights Inc. – Global masterbatch market 2024

POSTS 新闻 Plastic Petrochemicals

-Apex Plastics invests in Aoki 250LL-50S injection blow molding machine – Apex Plastics Aoki injection blow molding machine

POSTS 新闻 Plastic Petrochemicals

-BP predicts plastics bans will impact oil demand – BP plc has predicted that global demand for oil could be impacted by as much as 2 million barrels per day by 2040 due by governments’ efforts to regulate products, including bans of single-use plastics – BP predicts plastics oil demand

POSTS 新闻 Plastic Petrochemicals

-2018: Year of Action for Global Fashion Industry – After many years on the periphery, “sustainability” has become a more common term across the expanse of the global fashion industry – Global Fashion Industry textile innovation

POSTS 新闻 Plastic Petrochemicals

-China domestic PP price downtrend may ease post-holiday – Polypropylene (PP) prices in China’s domestic market may slow down their downtrend post-Lunar New Year as downstream demand is expected to pick up – China domestic Polypropylene (PP) price

POSTS 新闻 Plastic Petrochemicals

-Ecotec by Marchi & Fildi yarn to partake in Filo Milano – Marchi & Fildi, developers of cotton-based yarns for the textile industry that are making latest innovations with Ecotec smart cotton, will present its new collection and achievements in the field of yarns at Filo Milano – Ecotec Marchi Fildi yarn partake Filo Milano

POSTS 新闻 Plastic Petrochemicals

-Europe’s polyethylene market takes a bearish turn on weakening demand – Polyethylene producers and converters in Europe are bracing themselves for a period of price decreases following lower than expected demand in the first two months of the year – Europe polyethylene market weakening demand

POSTS 新闻 Plastic Petrochemicals

POSTS-News- Plastic-Petrochemicals – POSTS 新闻 Plastic Petrochemicals

-POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals  POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals  POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals POSTS 新闻 Plastic Petrochemicals

-Poland’s Naleczów Zdrój integrates blowmolding line with Agr’s Process Pilot system- Poland’s mineral water bottler Nałęczów Zdrój has integrated its two newly installed KHS Blowmax Series IV blowmolding line with Agr International’s Process Pilot automated process control system – Poland Naleczów Zdrój blowmolding Agr Process Pilot system

POSTS 新闻 Plastic Petrochemicals

-Innovation at the Forefront at Packaging Innovations – In its most innovative show to date, visitors will be able to discover the latest cutting-edge products and new industry developments, alongside more sustainable packaging than ever before – Packaging Innovations Empack Label Print 2018

POSTS 新闻 Plastic Petrochemicals

-Analyst: higher PET prices creating opportunity for recyclers – Recycled PET has been in a fist fight with its virgin resin brother for years now, battling depressed prices brought on by lower oil and gas prices – Higher PET prices creating opportunity recyclers

POSTS 新闻 Plastic Petrochemicals

-Graham commissions first rotary wheel for a converter in China -Graham Engineering Corp. has commissioned the first rotary wheel extrusion blow molding system for a converter in mainland China – Graham rotary wheel extrusion blow molding China

POSTS 新闻 Plastic Petrochemicals

-European PET price up amid Plastivert, Lotte, Equipolymers March planned shutdowns – European spot polyethylene terephthalate prices edged higher Wednesday amid a flurry of planned March shutdowns at Equipolymer, Plastivert and Lotte – European PET price Plastivert Lotte Equipolymers

POSTS 新闻 Plastic Petrochemicals

-Theoretical studies on glycolysis of poly(ethylene terephthalate) in ionic liquids -Ionic liquids (ILs) present superior catalytic performance in the glycolysis of ethylene terephthalate (PET) – Glycolysis poly(ethylene terephthalate) PET ionic liquids

POSTS 新闻 Plastic Petrochemicals

-Crude Oil : WTI BRENT 原油 – Crude oil WTI BRENT 原油

POSTS 新闻 Plastic Petrochemicals

Polymers – Petrochemicals – Graphs – FGPET – FGPET Bright -BGPET -PX – PTA -MEG -CPL -POLYAMIDE – POY – DTY – PSF – SPANDEX – ACN – ASF – VSF – BENZENE – NAPHTHA – ADIPIC ACID – PP – PE —图形:聚酯切片对苯二甲酸单乙二醇己内酰胺聚酰胺聚酯纱丙烯腈丙烯酸短纤维聚丙烯聚乙烯石脑油苯 – sợi tổng hợp

POSTS 新闻 Plastic Petrochemicals

-Norwegian researchers sceptical about biodegradable plastics – Researchers from the Norwegian national research institute Ostfoldforskning have criticized the use of biodegradable plastics, saying they are also harmful to the environment – Norwegian researchers biodegradable plastics

POSTS 新闻 Plastic Petrochemicals

-PolyOne Drives Textile Industry Sustainability and Innovation with Fiber Colorant Technology – PolyOne Corporation continues to advance its fiber colorant technology, enabling textile manufacturers, converters and brands to increase sustainability, operational efficiencies, and market response rates to drive their success in the global textile industry – PolyOne Textile Industry Sustainability Fiber Colorant Technology

POSTS 新闻 Plastic Petrochemicals

-Schärer Schweiter Mettler AG (SSM) at ITM 2018 in Istanbul – SSM Schärer Schweiter Mettler AG will show their latest applications at ITM in Turkey – Schärer Schweiter Mettler SSM ITM 2018 Istanbul

POSTS 新闻 Plastic Petrochemicals

-Lomon Billions invests $millions in additional chloride titanium dioxide pigment production capacity at its chloride production site in Jiaozuo, Henan Province, China – Jiaozuo, Henan Province China,  The Board of Directors at Lomon Billions has approved an estimated CYN 1.8billion (~US$ 285million) investment in the construction of two new chloride TiO2 manufacturing lines – Lomon Billions chloride titanium dioxide pigment China

POSTS 新闻 Plastic Petrochemicals

-Textile innovations from Germany presented in the USA – High-Tex from Germany’ presents technical textiles, textile machines and textile-processing machines at Techtextil North America and Texprocess Americas from 22 to 24 May 2018 – Textile innovations Germany USA

POSTS 新闻 Plastic Petrochemicals

– Alpek, the Mexican producer of petrochemical products, intends to keep the volumes of production of Mossi & Ghisolfi (M & G) polyethylene terephthalate (PET) / purified terephthalic acid (TPA) in Corpus Christi – Alpek Mossi Ghisolfi PET production USA

POSTS 新闻 Plastic Petrochemicals

-Japan’s Toray plans new Indian factory for diaper fibers –  Toray Industries aims to build new plants in India for making fibers and plastics used in products like diapers and cars, looking to supply companies selling everyday goods there amid rising standards of living – Japan Toray Indian factory diaper fibers

POSTS 新闻 Plastic Petrochemicals

-Faurecia Announces New Interiors Plant in Missouri – Faurecia will create more than 300 new jobs and invest more than $60 million in the plant, which will manufacture and assemble door panels and instrument panels – Faurecia Interiors Plant Missouri

POSTS 新闻 Plastic Petrochemicals

-The 19th GEPET April Summit in Budapest is set against a Tight PET Resin Supply with Rising Conversion in Central Eastern Europe – 19th GEPET PET Resin Central Eastern Europe

 

POSTS 新闻 Plastic Petrochemicals

7 Startups Recycling Plastic with New Technology – Last year, scientists took a crack at calculating the total amount of plastics produced since about 1950. They came up with 8.3 billion metric tons (or more than 9 billion good-old American tons), about three-quarters of which has become waste – Recycling Plastic New Technology

Recycling Plastic New Technology Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  Recycling Plastic New Technology  

Recycling Plastic New TechnologyUnless you’re living with a lost tribe in the Amazon (how are you even reading this?), chances are you’re consuming stuff everyday that’s wrapped in plastic or made out of plastic or contains some amount of plastic. Why is that a problem? Well, unless you’re living under a rock with a lost tribe in the Amazon, you’ll know that plastics are literally clogging our oceans and landfills.

Last year, scientists took a crack at calculating the total amount of plastics produced since about 1950. They came up with 8.3 billion metric tons (or more than 9 billion good-old American tons), about three-quarters of which has become waste. The University of Georgia put together this nifty graphic to help you visualize the size of this elephant in the room:

Recycling Plastic New Technology

Credit: University of Georgia

Another thing to note from this infographic: Despite our best efforts to recycle plastic, less than 10 percent is saved from incineration or landfills. We talked about the challenges of recycling non-recyclable thermoset plastics last year. These hardier plastics are used in everything from aircraft to medical equipment, but their durability makes it difficult if not impossible to recycle. On the other hand, thermoplastics, which include things like PET bottles, plastic wrap and Styrofoam can be recycled. But we suck even when dealing with the recyclable plastics.

report from the Ellen MacArthur Foundation a couple of years ago found that 95 percent of the value of plastic packaging material alone, worth $80 to $120 billion annually, is lost to the economy. In other words, there’s money to be made for companies that can figure out better, more economical ways to recycle plastic or create it from renewable sources. (Remember those AI-Powered Waste Sorting Robots from Sadako?) Below we highlight 7 startups employing all sorts of innovative technologies to reinvent the thermoplastics economy.

A Bottle Shop

Recycling Plastic New Technology Founded in 2008, Origin Materials has racked up $80 million in venture capital funds to build a better plastic bottle, with $40 million coming in March 2017 from investors like Nestlé and Danone, which are also strategic partners for obvious reasons. Bottles from PET, polyethylene terephthalate, are recyclable but like other plastics come from nonrenewable, petroleum-based sources. Origin Materials believes it can manufacture plastic bottles from renewable materials like sawdust, cardboard and angel’s tears. The Sacramento Bee reported that the West Sacramento startup has a pilot plant where it produces bio-based bottles with 80 percent renewable materials. Some PET bottles may contain up to 30 percent renewable, organic materials, according to the article.

Initially, the company plans to manufacture PET bottles with about twice that amount—60 percent—of organic material due to limited commercial resources for some of the bio materials it needs for higher organic content. Production is expected to roll by the end of this year.

Back to the Beginning

Recycling Plastic New Technology Founded in 2006, Agilyx out of the progressive state of Oregon has raised $61.3 million to develop technology to fully recycle polystyrene. What’s that? Think Styrofoam ramen bowls and those red, hard plastic cups that you pour your booze into at the park for picnics to hide it from the rangers. While recyclable, polystyrene can only be repurposed into lower quality plastics, Agilyx’s Polystyrene-to-Styrene Monomer (PSM) Technology turns waste polystyrene into a liquid product that it then sells to manufacturing facilities. Presto-chango, that Styrofoam ramen bowl is now a kid’s bicycle helmet.

Since polystyrene requires virgin material (i.e., oil) to manufacture, the ability to recycle it into other polystyrene products is significant. Agilyx has also commercialized a technology that converts mixed plastics to high-quality crude oil, as in black gold. However, as an article in The Guardian pointed out, low oil prices have made that technology financially infeasible for now. In addition, polystyrene is one of those plastics that we’re trying to phase out, possibly robbing Agilyx of feedstock in the long term.

Biodegradable Bugs

Recycling Plastic New Technology Founded in 2009, Dublin-based Bioplastech recruits bacteria to convert plastic into a more eco-friendly form. Spun off from University College Dublin, the company’s professorial co-founder has reportedly secured more than €16 million (about $20 million) in research funding. Bioplastech employs several different bacterial species, screened from more than 400 microorganisms, to turn non-degradable plastic into a polyester called polyhydroxyalkanoate (PHA) that is biodegradable. One of the bugs was discovered in the contaminated soil of a traditional plastics processing plant, happily secreting PHA. The company is now working on developing a biodegradable adhesive from natural materials.

Mixed Messages

Recycling Plastic New Technology Founded in 2010, Germany’s Saperatec has raised about €4.3 million (about $5.3 million) to tackle one of the toughest problems of plastic recycling—mixed materials. These are the sorts of products that you end up tossing into the trash because it’s not quite just plastic, usually consisting of other layers such as cardboard and aluminum foil to help preserve foods, such as soups in cartons. Separatec has developed highly specialised micro-emulsions based on surfactants, which are known for reducing surface tension. The micro-emulsion channels its way between the tightly laminated layers of the composite material, separating the individual materials for recycling.

Pumping Oil Out of Plastic

Recycling Plastic New Technology Founded in 2011, Recycling Technologies, based out of a town in southwest England, has raised £2.1 million (about $3 million), not including a reported £2.6 million pounds ($3.6 million) in government grants. The recycling startup has built a machine that vaporizes all types of plastics and petroleum-based products like carpeting through thermal cracking into a product it calls Plaxx. Plaxx is actually a catch-all name for a number of different products, ranging from Plaxx-8, a feedstock for producing new plastics, to Plaxx-30, for heavy fuel oil. Recycling Technologies’ miracle machine is called the RT700:

Recycling Plastic New Technology

Credit: Recycling Technologies

The RT700 is built to be mobile and could be installed on sites with limited infrastructure for recycling contaminated sites. The machine is capable of processing 7,000 tons of plastics per year. Bloomberg reports Recycling Technologies hopes to have 100 machines in operation by 2025.

A Smart Solution

Recycling Plastic New Technology Founded in 2009, Ioniqa Technologies in the Netherlands has raised €2.5 million(about $3 million) for its Magnetic Smart Materials technology. Smart materials change their properties when a magnetic field is applied. In the case of plastics, particularly PET bottles, the smart liquid removes colorants and contaminants, leaving behind a usable raw material than can be recycled back into more plastic Coca Cola bottles. Ioniqa’s process produces just 30 percent of the carbon dioxide that would result from manufacturing one kilogram of PET from petrochemical sources, according to Chemistry World, which also reports that the company is working to build a 10,000-ton production facility by the end of the year.

In the bag

Recycling Plastic New Technology Founded in 2015, Biocellection is a young biotechnology startup out of San Jose, California, that has raised less than $1 million in disclosed funding but comes out of the prestigious IndieBio Accelerator program, among others. The company’s bag? Converting plastic bags into useful products such as synthetic ski jackets that Patagonia can charge you a small fortune for and more eco-friendly solvents, both of which often come from unsustainable sources like petrochemicals and palm oil. The process involves some pretty intense organic chemistry, with a catalyst that breaks open a polymer chain to trigger a chain reaction. You can follow the process below:

Recycling Plastic New Technology

Credit: Biocellection

The bottom line is that the system can convert up to 70 percent of the waste to a powder product within three hours. Genetically engineered bacteria then go to work, eating the yummy powder and secreting a substance that manufacturers can use for new products, like a car made out of more than 33,000 plastic bags.

Conclusion

Here’s another fun fact from the Ellen MacArthur Foundation to close this article: By 2050, there will be more plastic in the ocean by weight than fish. Earth Day is nice and all, but cleaning up the plastic mess in our oceans (not to mention our oyster Rockefeller), won’t happen by sporting a bumper sticker. As Adrian Griffiths, CEO of Recycling Technologies, put it to Bloomberg: “I’m not a tree hugger. I don’t think that you can change environmental things without it actually making money.” Amen.

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Lanxess Expands Capacity for Macrolex Dyes at Its Leverkusen Site -Germany; www.lanxess.com) will expand the capacity for Macrolex dyes at its Leverkusen site. With an investment volume of more than €5 million, the current production capacity is to be increased by 25% – Lanxess Capacity Macrolex Dyes Leverkusen Site

Lanxess Capacity Macrolex Dyes Leverkusen Site Lanxess Capacity Macrolex Dyes Leverkusen Site   Lanxess Capacity Macrolex Dyes Leverkusen Site   Lanxess Capacity Macrolex Dyes Leverkusen Site   Lanxess Capacity Macrolex Dyes Leverkusen Site   Lanxess Capacity Macrolex Dyes Leverkusen Site   Lanxess Capacity Macrolex Dyes Leverkusen Site  

Lanxess Expands Capacity for Macrolex Dyes at Its Leverkusen Site

By Gerald Ondrey

 Lanxess Capacity Macrolex Dyes Leverkusen Site Lanxess AG (Cologne, Germany; www.lanxess.com) will expand the capacity for Macrolex dyes at its Leverkusen site. With an investment volume of more than €5 million, the current production capacity is to be increased by 25%, which will be available from the end of 2018.

“With this capacity expansion, we want to meet the growing global demand for high-quality dyes for the plastics industry,” says Philipp Junge, head of Lanxess’s Rhein Chemie business unit. “We see a significant increase in demand, especially in Asia.”

Dominik Risse, who is responsible for the Colorant Additives Business at LANXESS, adds: “There are also stricter regulatory requirements. Especially in sensitive areas of application, particularly pure products, for which Lanxess is the market leader, are more and more needed.”

The investment is also a clear commitment to the Leverkusen site, Risse adds. The expansion represents a significant investment into the Lanxess colorants business, which will also create additional jobs at Chempark Leverkusen.

The soluble, organic dyes of the Macrolex brand are primarily used for the coloration of high-quality plastics products, such as beverage bottles, electronic devices, car taillights and children’s toys. The products are utilized for coloring polystyrene (PS), polycarbonate (PC), acrylonitrile butadiene styrene (ABS), polymethyl methacrylate (PMMA) and polyethylene terephthalate (PET).

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China – Filament Grade Semi Dull PET Chip – PET bottle chip 瓶芯 – Pet chip resin 宠物芯片树脂

-Pet chip resin 宠物芯片树脂 Pet chip resin 宠物芯片树脂 Pet c palehip resin 宠物芯片树脂  Pet chip resin 宠物芯片树脂

China – Price Trend of Filament Grade Semi Dull PET Chip in Jiangsu closed the week firm.

  Pet chip resin 宠物芯片树脂Polyestertime: Polyester POY

The prices of Semi-dull Chips in Jiangsu and Zhejiang are at 7,900 -8,050 yuan/ton (cash),nearby.

The Bright Chip’s price in Jiangsu and Zhejiang is at 7,900 -8,05yuan / ton.

Polyester POY is at 8,650 – 8,800 yuan/mt cash ex-works, while Polyester  DTY is at 10,150 – 10,300 yuan/mt cash ex-works.

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China –PET Bottle Chip (Polyethylene terephthalate) -The  Market prices closed the week firm.

 

Pet chip resin 宠物芯片树脂Polyestertime : PET Preforms

The domestic Polyester Bottle Chip is at 8,700- 8,850 yuan / ton cash,(ex-works).

The export PET is at 1,140 – 1,180 $ /ton FOB CMP.

 

 

 

 

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Europe PET spot shortage may continue through the first quarter- The shortage of spot polyethylene terephthalate (PET) in Europe will continue through to the end of the first quarter or into the second quarter – Europe PET polyethylene terephthalate spot shortage

Europe PET polyethylene terephthalate spot shortage Europe PET polyethylene terephthalate spot shortage  Europe PET polyethylene terephthalate spot shortage  Europe PET polyethylene terephthalate spot shortage  Europe PET polyethylene terephthalate spot shortage  Europe PET polyethylene terephthalate spot shortage  Europe PET polyethylene terephthalate spot shortage  

Europe PET spot shortage may continue through the first quarter

Source:ICIS News

Europe PET polyethylene terephthalate spot shortage

LONDON (ICIS)–The shortage of spot polyethylene terephthalate (PET) in Europe will continue through to the end of the first quarter or into the second quarter, buyers and sellers said on Friday.

“Even if the Asian price comes down by next week… it will be shipped by the second half of April only… and will arrive the second half of May, so for June production. I don’t foresee in the European market much of a change downward before the end of May,” a buyer said.

Domestic spot availability is curtailed due to planned shutdowns, pressure to supply contracted volumes and the absence of competitive import alternatives.

“At the moment, import is not an option and they haven’t bought because they didn’t think the levels were attractive,” a reseller said.

The Americas remain a healthy alternative for traditional importers to Europe, for example, and Asia is being serviced more by its own suppliers, due to antidumping-related developments.

The result has been a rapid increase in the price of PET, notwithstanding production costs, which also rose from January to February.

In the background there are rumblings regarding the lead up to the peak PET bottling season in Europe.

Once the bottlers show a heightened interest in buying more PET, the market situation could become even more interesting.

“They [the bottlers] held out because prices were too high compared with what they wanted. But now…they will have to buy,” a buyer said.

It seemed to be supply more than demand or raw material costs that was the focus until now, when customers are considering buying spot once more and are faced with increasing price offers.

“Last summer there were a lot of problems with resin [availability]… and some customers couldn’t buy the preforms, and they got so scared that now they make stocks a lot earlier than usual,” a PET buyer said.

In recent weeks, suppliers with lingering spot availability have benefitted from customers’ hesitation.

Some sellers though already said they are sold out for March, so at this stage a reduction in the price of PET seems unlikely.

Europe PET polyethylene terephthalate spot shortage

PET is used in fibres for clothing, containers and bottles for liquids and foods, thermoforming for manufacturing, and in combination with glass fibre for engineering resins.

Picture source: imageBROKER/REX/Shutterstock

Focus article by Caroline Murray

By Caroline Murray
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Auxiliary equipment maker Piovan to manufacture in India – Italian auxiliary equipment maker Piovan SpA plans to set up manufacturing in India by the end of next year – Auxiliary equipment Piovan manufacture India

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Auxiliary equipment maker Piovan to manufacture in India

Auxiliary equipment Piovan manufacture India

Satnam Singh, Plastics NewsPeter Dal Bo, chief commercial officer

Gandhinagar, India — Italian auxiliary equipment maker Piovan SpA plans to set up manufacturing in India by the end of next year, a company executive said at the recent Plastindia trade show.

The Santa Maria di Sala-based company has a sales and service operation in Mumbai and is now searching for a suitable location for a factory.

“The plant would likely be based at Mumbai or down south in Chennai. The location would largely depend on our majority customer base,” said Peter Dal Bo, chief commercial officer for Piovan.

He said local production would bring down delivery time, since equipment is currently shipped from Italy, and reduce costs by eliminating import duties.

The facility would likely be operating in the next 18 months, he said.

He said Piovan plans to bring greater responsibility to the India unit.

“We are also making the India operation as a service hub for the Asian and Middle Eastern markets,” he said.

“We will initially begin with basic machines… customized to Indian conditions and raise the range over a period of time as per requirements of the market,” he said.

Piovan estimates India’s plastic auxiliary equipment market at between 50 and 100 million euros a year and growing at 8 to 10 percent annually.

The company has sales of about 2 million euros a year in the country, and is increasing about 10 percent a year, he said, adding that the company hoped to double that with the facility in the country.

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Harrogate Water Argues The Case For PET Plastic Bottles – Harrogate Water is arguing the case for PET Plastic Bottles and in a landmark move towards achieving a circular economy, Britain’s oldest bottled water brand has announced it has successfully secured sufficient availability of recycled PET (rPET), to ensure all product shall contain 50 per cent recycled content from April 2018 – Harrogate Water PET Plastic Bottles

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Harrogate Water Argues The Case For PET Plastic Bottles

Harrogate Water is arguing the case for PET Plastic Bottles and in a landmark move towards achieving a circular economy, Britain’s oldest bottled water brand has announced it has successfully secured sufficient availability of recycled PET (rPET), to ensure all product shall contain 50 per cent recycled content from April 2018.

The amount of recycled PET content, all guaranteed UK post-consumer supply, will match that of Harrogate’s glass bottles, which have been produced with 50 per cent recycled glass content for many years. All materials used by Harrogate Water are 100 per cent recyclable and none of the company’s waste goes to landfill.

The company, Britain’s largest family-owned independent supplier of naturally-sourced bottled water, is a national partner of environmental charity Keep Britain Tidy. Last year they jointly launched a pioneering recycling campaign aimed at raising awareness of the importance of recycling PET plastic bottles on-the-go.

PET Plastic Bottles

Harrogate Water PET Plastic Bottles
James Cain

The Incredible Shrinking Bottle Campaign urges consumers to dispose of their bottles responsibly, by twisting and capping, making them easy to carry to a recycling point or take home for kerbside recycling.

It is not an inevitability that plastic bottles end up in our rivers and oceans.

Harrogate Water CEO James Cain OBE said: “It is not an inevitability that plastic bottles end up in our rivers and oceans. We all have a responsibility to ensure that we dispose of our packaging properly and recycle our bottles so that they can go on to become another bottle or other useful product, just as we already do with our cans and glass bottles. We shouldn’t think of them or refer to them as ‘single use’; they can have an infinite number of lives.

“Naturally sourced water is the healthiest drink. Harrogate Water is sourced from within a Site of Special Scientific Interest, caring for the environment is in our DNA which is why we have partnered with Keep Britain Tidy to encourage recycling. The more we recycle, the greater the availability of rPET and the closer we get to a truly circular economy.

PET Project

He added: “PET plastic used to make beverage bottles is the most environmentally efficient of all packaging solutions – providing it is recycled; it uses less energy in manufacture, produces fewer Greenhouse Gas emissions and is one of the best examples of easily-recyclable packaging. The introduction of rPET represents a significant investment for the business; we are proud and delighted to take this next step in support of sustainability.”

Harrogate Water operates from a world class environmentally-friendly site, which has become a showcase for the global bottled water industry.

Adrian Pratt

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