Oerlikon Neumag NewsThe Oerlikon group’s nonwoven business unit presented itself successfully in China – The Swiss Oerlikon Group’s new nonwoven business unit received very positive feedback from visitors to this year’s nonwovens exhibition SINCE 2017 – Oerlikon Neumag Oerlikon group nonwoven China

Oerlikon Neumag Oerlikon group nonwoven China Oerlikon Neumag Oerlikon group nonwoven China  Oerlikon Neumag Oerlikon group nonwoven China  Oerlikon Neumag Oerlikon group nonwoven China  Oerlikon Neumag Oerlikon group nonwoven China  Oerlikon Neumag Oerlikon group nonwoven China  Oerlikon Neumag Oerlikon group nonwoven China  

Oerlikon Neumag NewsThe Oerlikon group’s nonwoven business unit presented itself successfully in China

Oerlikon Neumag Oerlikon group nonwoven China Shanghai/Neumünster – The Swiss Oerlikon Group’s new nonwoven business unit received very positive feedback from visitors to this year’s nonwovens exhibition SINCE 2017, which ran from 8th to 10th November in Shanghai, China. Visitors to the attractively designed Oerlikon stand were especially interested in the spunbond technology for technical applications.

Oerlikon’s expanded nonwoven portfolio attracted a lot of interest at the SINCE 2017

Rainer Straub, head of the nonwoven business unit that had been newly created by the Oerlikon Manmade Fibers segment in the middle of the year, declared himself highly satisfied with the three lively exhibition days in the World Expo Exhibition and Convention Centre: “The talks have shown that we are on the right path with our strategy and the development of our technologies. Especially the optimisations of our spunbond process and the resulting increase of nonwoven qualities in terms of strength and elongation impressed the visitors.”

Also greatly in demand were Oerlikon’s meltblown and airlaid technologies as well as the solutions for the manufacturing of wipes and other disposable nonwovens, which were offered in cooperation with Teknoweb Materials s.r.l.. All in all, the Oerlikon group’s nonwoven team are delighted with the positive outcome and can look back in satisfaction on intensive talks of high quality with customers and prospects as well as numerous concrete inquiries.

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November contract price of acrylonitrile agreed in Europe at EUR20 per tonne higher than October – The contract price of acrylonitrile (ACN) was finally agreed in Europe for November supplies at EUR20 per ton above the October – November contract price acrylonitrile

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November contract price of acrylonitrile agreed in Europe at EUR20 per tonne higher than October 

November contract price acrylonitrile MOSCOW – The contract price of acrylonitrile (ACN) was finally agreed in Europe for November supplies at EUR20 per ton above the October level amid a continuing situation with a limited supply on the market, ICIS sources told the market.

Thus, the November contract price for the material in the European market is approved in the range EUR1,860-1,904 per tonne, FD NWE (North-Western Europe).

So, the offer of acrylonitrile was mainly limited in the current year amid a number of stops in Europe.

The supply on the spot market remains at a low level, and producers focused on fulfilling contractual obligations against the backdrop of a small supply of material.

Market participants note that the limited supply and increased quotes for ammonia are the reason for the increase in DKN prices, the demand is also at a good level this time of year.

Most market participants expect that the demand for DCA is likely to remain at a high level by the end of this year.

The price situation next month in the European market of DCC will largely depend on the price trend in the propylene market, a key raw material component for the production of DCA, but the situation with a limited supply is unlikely to improve.

Acrylonitrile is one of the main raw materials for the production of acrylonitrile-butadiene-styrene (ABS).

According to the Price Review of ICIS-MRC , ABS imports to Russia totaled 2.9 thousand tons in September against 3.1 thousand tons a month earlier.  For the first nine months of 2017, ABS shipments to the Russian market increased by 13% to 22,900 tonnes against 20,200 tonnes in the same period last year.

mrcplast.ru

Author:   Margarita Volkova

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Prices of PET remained unchanged in Europe last week – Domestic prices for polyethylene terephthalate (PET) in Europe remained stable last week, as the market froze ahead of the December contract price adjustment – Prices PET Europe

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Prices of PET remained unchanged in Europe last week 

Prices PET Europe MOSCOW ( MRC ) – Domestic prices for polyethylene terephthalate (PET) in Europe remained stable last week, as the market froze ahead of the December contract price adjustment, ICIS reports citing market participants.

Prices remained unchanged at EUR

1,030-1,080 per tonne, FD Europe.  The imported material was estimated at the level of EUR900-1,000 per tonne, with buyers preferring European materials.

Market participants reported high demand in Spain and Poland, where local producer PKN Orlen declared force majeure for the supply of terephthalic acid (TPA) from its production capacity of 600 thousand tons per year in Wloclawek, Poland.

In other areas demand remained seasonally low.

In addition, market participants reported that the Lithuanian producer NEO GROUP postponed the launch of its new line with a capacity of 160 thousand per year in Klaipeda until the third quarter of 2018.

Also, the Indian company JBF Industries resumed production on the PET line in Gel (Geel, Belgium).  This line with a capacity of 432 thousand tons of PET per year was closed in August.  The line returned to work last week thanks to the help of the Swiss trading company MB Barter & Trading SA

According to the Price Review of ICIS-MRC , in Russia prices in the market as a whole remained at the level of last week.  The representative of the producer Senezh reported an increase in the lower limit of spot prices per 1,000 rubles per ton.  Domestic prices are under pressure of the factor of growing quotations for raw materials and granules in the Asian market.

mrcplast.ru

Author:   Anna Larionova

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November contract price of paraxylene in Europe increased by EUR20 per tonne – The contract price of paraxylene in Europe for November supplies was finally agreed at the level of EUR765 per ton, which is EUR20 per ton higher than the level of October – November contract price paraxylene Europe

November contract price paraxylene Europe November contract price paraxylene Europe  November contract price paraxylene Europe  November contract price paraxylene Europe  November contract price paraxylene Europe  November contract price paraxylene Europe  November contract price paraxylene Europe  November contract price paraxylene Europe  

November contract price of paraxylene in Europe increased by EUR20 per tonne 

November contract price paraxylene Europe   MOSCOW  – The contract price of paraxylene in Europe for November supplies was finally agreed at the level of EUR765 per ton, which is EUR20 per ton higher than the level of October, ICIS sources told the market.

The contract price was approved on condition of free delivery – FD NWE (North-Western Europe).

So, the initial contract price of paraxylene was agreed last week and this week received further confirmation from other market participants.

The current increase in the contract price reflects the upward price trend in Asia, as well as the result of increased raw material prices.  In particular, Brent and WTI futures recently traded at the highest level since mid-2015.

In addition, it should be noted that the growth in the contract price of paraxylene in the European market has been for the fourth consecutive month.

Spot quotes of paraxylene in Europe have grown since October.  Thus, the average spot prices rose from the level of USD750 per tonne, FOB Rotterdam, on October 20 to USD777 per tonne, FOB Rotterdam, last week.

Earlier it was noted that the October contract price of paraxylene in the European market was approved at EUR5-15 per tonne above the level of September and amounted to EUR745 per tonne, FD NWE.

Paraxylene is a raw material for the synthesis of terephthalic acid – a semi-product for the production of polyethylene terephthalate (PET).

According to the Price Review of ICIS-MRC , in November the level of spot prices of Russian producers will be in the range of 78 000-83 000 UAH.  per ton, CPT Moscow, including VAT.

mrcplast.ru

Author:   Margarita Volkova

Spot prices of LDPE in Europe are falling – The spot prices of high-pressure polyethylene (LDPE) in Europe are dropping amid fluctuations in demand and the desire of sellers to get rid of stock of material, ICIS reports citing market participants -Spot prices LDPE Europe

Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe Spot prices LDPE Europe 

Spot prices of LDPE in Europe are falling

Spot prices LDPE Europe MOSCOW – The spot prices of high-pressure polyethylene (LDPE) in Europe are dropping amid fluctuations in demand and the desire of sellers to get rid of stock of material, ICIS reports citing market participants.

The demand depends on the fact that many buyers adhere to their regular suppliers of contract volumes in the hope of receiving traditional discounts at the end of the year related to volumes. In addition, many buyers want to end the year with low supplies of material.

According to the supplier, the LDP at the level of EUR1,180 per ton was offered on the market, in general, most market participants expect prices to fall below EUR1,200 per tonne, FD NWE (north-western Europe).

Most sellers described the demand as weak, despite rising raw material prices, which could trigger a rise in ethylene prices in December. Although most market participants do not expect that prices for polyethylene in December will rise.

According to the Price Review of ICIS-MRC , in Russia the excess supply continues to have a serious impact on the prices of LDPE. Sellers continue to gradually reduce prices in order to activate demand from buyers. Good demand remains in the segment of the 108th LDPE, but it, despite a good demand, is rapidly becoming cheaper.

mrcplast.ru

Author:                Anna Larionova

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