Polyestertime

Polymers Petrochemicals Plastic Sustainability 23-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are weak and continue to lose ground.
  • Crude oil  wanes.
    • Polyamide 6 and its chain continue to go down,with the exception of Nylon resin.

    PET Bottle grade export 910/960 $/ton PET Bottle grade domestic market 7,050/7,150 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

  • PTA Taiwan 800/810 $/ton PTA domestic market 5,600/5,750 yuan/tonMEG  515/525 $/ton – MEG domestic market 4,150/4,250 yuan/tonPX Korea 820/830 $/ton
  • Polyester POY 150D/48F  domestic market 7,200/8,300  yuan/tonPolyester DTY 150D/48F  domestic market 9,400/9,500  yuan/tonPolyester Staple PSF domestic market 7,800/7,900  yuan/ton

Polymers Petrochemicals Plastic Sustainability

Crude Oil Prices Trend Polymers Petrochemicals Plastic Sustainability 

Polymers Petrochemicals Plastic Sustainability

BREXIT: FOR THE “TIMES”, THERESA MAY WILL ANNOUNCE ,TOMORROW ,HER RESIGNATION.

UK BREXIT

-From PET flakes directly to 100 percent rPET preforms 

The first XTREME Renew Flakes to Preform System, which directly produces new, food-grade 100 percent rPET preforms from recycled PET flakes in a single process step, was recently presented with a World Star Packaging Award in Prague.

EREMA, SIPA, Kyoei Industry and Suntory, four companies involved in developing the system received the award for what is described as a unique example of a closed plastic loop.

The World Star Packaging Award recognizes outstanding packaging solutions from around the world that set international standards for the packaging industry thanks to their design or the way they are manufactured. Polymers Petrochemicals Plastic Sustainability 

Polymers Petrochemicals Plastic Sustainability

-Colloids showcasing innovative new speciality masterbatch products at Chinaplas 2019

Colloids is exhibiting at Chinaplas 2019, showcasing the latest product innovations developed by Colloids’ R&D team.

The products include new speciality black masterbatches for agricultural films and automotive interiors, a new plastic component laser marking compatible masterbatch range, and a new T-TEC Signal Orange high-performance masterbatch for high voltage components in hybrid and electric vehicle engines.

Polymers Petrochemicals Plastic Sustainability

-War against plastic must continue to save our future

The first synthetic polymer, or plastic as the world knows it, was created in the 20th century.

What started as a magic material is part of everything from bags to money and is now one of the largest threats to mankind.

According to a report from the Central Pollution Control Board, India generates 25,940 tonnes of plastic waste a day and most of it remains unprocessed.

Combating plastic pollution is a matter of the utmost importance and the need of the hour. Polymers Petrochemicals Plastic Sustainability 

Polymers Petrochemicals Plastic Sustainability

-Beauty and function meet sustainability at Performance Days

The focus of this season’s functional fabric fair Performance Days was on updates for Winter 2020/21 and new ideas for Summer 2021 and the overarching focus topic of ‘The Beauty of Function’ provided a creative framework for the latest developments in performance sportswear and so-called athleisure fabrics.

The beauty of function was convincingly demonstrated by innovation around appealing handle, surprising textures and surfaces, super lightweight and transparent materials, eye-catching functional prints and bonded, laminated and quilted contrast layers. However, as the concept of beauty needs to go deeper than first impressions to consider the environmental impact of the fabric during manufacture, wear and end-of-life, it is important to continue the search for more sustainable options, such as renewable, bio-based and recycled materials.

Polymers Petrochemicals Plastic Sustainability

-Wrap applauds progress made by UK plastics pact members

Removing black plastic packaging from supermarket shelves and replacing single-use plastic cutlery with recyclable alternatives are just some of the actions taken by members of the UK Plastics Pact over the past year, according to a new report by the Waste and Resources Action

The Pact is a voluntary agreement established in April 2018 by WRAP and the Ellen MacArthur Foundation (EMF) to drive the UK towards a circular economy for plastics.

UK plastics pact members

-CarbonLITE to handle ocean-diverted plastics

The company’s newest offering will replace virgin materials for food, beverage and cosmetic applications.

CarbonLITE Industries, Los Angeles, announced that it plans to process 100 percent postconsumer ocean-diverted plastics. Jason Farahnik, director of brand partnerships and resin sales at CarbonLITE, says the ocean-diverted plastics it plans to collect will come primarily from the coastlines of Southeast Asian countries.

The company’s newest offering will replace virgin materials for food, beverage and cosmetic applications, according to a CarbonLITE news release. The products will have the dual benefit of reducing ocean plastics and the amount of virgin material produced. Polymers Petrochemicals Plastic Sustainability 

CarbonLITE to handle ocean-diverted plastics

-Good reasons for a record Techtextil 2019

This year’s Techtextil show, along with its sister show Texprocess, was the biggest to date, with a record 1,818 exhibitors and 47,000 visitors from 116 countries descending on Frankfurt.

At a press conference during the show, Euratex, the European textiles and clothing organisation, presented its latest statistics on the industry and Hendrik van Delden of Gherzi added some figures on the global market trends and export opportunities for European technical textile producers.  Polymers Petrochemicals Plastic Sustainability 

Euratex, the European textiles

-Brightmark Energy breaks ground on plastics-to-fuel plant

Brightmark says 136 full-time manufacturing jobs will be created when the 112,000-square-foot facility is operational.

Brightmark Energy, a San Francisco-based waste and energy development company, broke ground on the nation’s first commercial-scale plastics-to-fuel plant May 22 in Ashley, Indiana.

Brightmark says a total of 136 full-time manufacturing jobs will be created in Northeast Indiana when all phases of the 112,000-square-foot facility are operational.

The new plant will utilize a plastics-to-fuel process that recycles waste that has reached the end of its useful life – including items that cannot readily be recycled, like plastic film, flexible packing, styrofoam and children’s toys – directly into useful products, like fuels and wax.  Polymers Petrochemicals Plastic Sustainability 

plastics-to-fuel plant

-Barrier packaging films for the circular economy

is launching the first of its new range of transparent high barrier packaging films, Propafilm™ Strata SL.  It has been designed to be a standalone mono filmic solution or, to be used in laminate constructions to be ‘recycle ready’, or recyclable in countries which have the infrastructure to recycle polypropylene films.

Alasdair McEwen, Global Product Manager Packaging, Innovia Films explains “Our new in-house technology has enabled us to produce a totally new film with unique barrier properties.  Strata SL has a very effective barrier to aroma, mineral oils and oxygen even at high relative humidity levels ensuring increased shelf life and reduced food waste.”

Barrier packaging films

-Exxonmobil introduces new polyethylene technology advancements at Chinaplas 2019

ExxonMobil has announced that it plans to introduce two new performance polyethylene (PE) polymers for high-quality flexible packaging, and recyclable* full PE laminated packaging solutions, at Chinaplas 2019.

“Advancing polyethylene technology is an important part of our commitment to helping customers grow their businesses,” said David Hergenrether, ExxonMobil Chemical vice president, polyethylene. “By working together, we can help customers create differentiated packaging solutions that offer enhanced performance and processing, while helping them to meet their sustainability goals.”

polyethylene technology

-New nanosilver coating that can kill bacteria developed

The nanoparticle loaded powder can be mixed in paints and applied to hospitals walls , kitchens and toilets to give them antimicrobial coating

A team of Indian researchers have developed a new method that helps prepare silver nanoparticle loaded antibacterial powder, which could potentially be used to clean water and help in waste management.

Developed by researchers at the Mumbai-based Bhabha Atomic Research Centre (BARC), the new technique avoids use of harsh chemicals during synthesis and is environmental friendly.

The nanoparticle loaded powder could also be mixed in paints and applied to surfaces where chances of infection are high, such as walls in hospitals, kitchens and toilets to give them antimicrobial coating, the researchers said.

Antibacterial

-US oil output still expected to hit 13m barrels daily by end of 2019

Despite a slow start to the year, US crude output is still expected to surge for the rest of 2019 and hit at least 13 million barrels daily by the end of 2019, a new report projects.

A combination of weather effects and depressed oil prices at the beginning of the year kept US oil production from rising much in early 2019, but that is expected to change through the rest of the year, said the Norwegian research firm Rystad Energy.

US oil output

Polymers Petrochemicals rPET Recycling 22-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain :the fall continues.
  • Crude oil is steady,but it wobbls.
    • Polyamide 6 and its chain continue to lose ground.

    PET Bottle grade export 910/960 $/ton PET Bottle grade domestic market 7,100/7,200 yuan/ton PET Filament grade SD domestic market 6,800/6,900 yuan/ton – PET Filament grade BR domestic market 6,900/7,000 yuan/ton

  • PTA Taiwan 800/815 $/ton PTA domestic market 5,900/6,000 yuan/tonMEG  515/525 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 820/835 $/ton
  • Polyester POY 150D/48F  domestic market 7,250/8,350  yuan/tonPolyester DTY 150D/48F  domestic market 9,450/9,550  yuan/tonPolyester Staple PSF domestic market 7,850/7,950  yuan/ton

Polymers Petrochemicals rPET Recycling

Crude Oil Prices Trend Polymers Petrochemicals rPEt Recycling

Polymers Petrochemicals rPET Recycling

-Italy’s Piovan to open an office in Morocco 

Piovan, an Italian company that supplies ancillary equipment, engineered solutions and services to the plastics industry, is opening a commercial branch in Morocco. After opening an office in Algeria and South Africa, the company is having a third one in Africa through its Morocco facility, Italian newspaper Milano Finanza reported Tuesday.

The objective of this new facility is to set a foot in the African continent and strengthen the North African presence of the Italian firm, the same source said.

«Morocco is a country that has an interesting industry», Piovan CEO Filippo Zuppichin said. «Being present in the country is meant to better develop our strategy», he added.

Polymers Petrochemicals rPEt Recycling

-Oil is rallying on supply worries after Trump threatens the ‘official end of Iran’

Crude oil jumped Monday after President Donald Trump threatened Iran and oil producers signaled they would maintain supply cuts.

“If Iran wants to fight, that will be the official end of Iran,” Trump tweeted. “Never threaten the United States again!”

The OPEC cartel of oil-producing countries plans to reduce inventories “gently” with an eye on the needs of a “fragile” market.

Crude-oil prices jumped by as much as 1.6% on Monday after US President Donald Trump threatened the “official end of Iran” and oil producers signaled they would maintain supply cuts. Polymers Petrochemicals rPEt Recycling

Polymers Petrochemicals rPEt Recycling

-ITMA 2019 Exhibitor Preview: A. Monforts Textilmaschinen GmbH & Co. KG

Monforts Textilmaschinen GmbH & Co. KG will demonstrate a range of new advances made possible by Industry 4.0 techniques at ITMA 2019 in Barcelona, Spain, from June 20-26.

At stand D101 in Hall 2, visitors will discover the possibilities of ‘digital twin’ capability – now being made available for all Monforts machine systems – and that by exploiting the latest advanced sensor technology, comprehensive technical machine data can now be virtually mapped in the cloud in real time.

The data can be easily accessed using the new Monforts Smart Support and Smart Check apps for an instantaneous status overview.

Polymers Petrochemicals rPEt Recycling

-The debate: Biodegradable and compostable plastic bags

As we reported recently, a study conducted by researchers at the University of Plymouth, designed to provide insights into the environmental deterioration of plastic bags made from different polymer types, has been the subject of some dispute.

In brief, the five bags chosen for the study comprised two oxo-degradable bags, one fossil non-biodegradable polyethylene bag, one bag marked as biodegradable, and one bag certified compostable according to the European Norm 13432.

Its main conclusions, according to the official press release, were that: “After nine months in the open air, all the materials had completely disintegrated into fragments. However, the biodegradable, oxo-biodegradable and conventional plastic formulations remained functional as carrier bags after being in the soil or the marine environment for over three years.

polymers-petrochemicals-rpet-recycling

-Graham Packaging commits to 100% reusable, recyclable, or compostable packaging by 2025

Graham Packaging, part of the Reynolds Group signed the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment.

The agreement states that by 2025 100% of its plastic packaging can be reused, recycled, or composted. Graham Packaging joins hundreds of the world’s leading brands that also signed this pledge.

“Since its founding nearly five decades ago, Graham Packaging has been dedicated to the design and manufacturing of environmentally friendly plastic packaging solutions,” said Tracee Reeves, head of sustainability and chief general counsel, Graham Packaging. “This new commitment will bring together all of our resources to reduce global waste and help our customers reach their sustainability goals.”

Polymers Petrochemicals rPEt Recycling

-Oil from US shale on track to rise 16% in 2019

US shale operators are on course to increase oil production markedly in 2019. The growth in US onshore production from the first quarter through the fourth quarter could come in at around 1.1-1.2 million b/d, or 16% for the full year, according to Rystad Energy.

After a paltry first quarter, depressed by weather effects, US shale players over the past weeks have assured investors that they will achieve previously communicated production targets, as well as demonstrate excellent capital discipline and cost control.

Polymers Petrochemicals rPEt Recycling

-X-Rite Showcases New Color Formulation Software at ITMA 2019

New release of Color iMatch has the unique ability to intelligently process color data to account for dye behavior under current process conditions, helping textile suppliers reduce wasteful dye attempts and support a sustainable manufacturing process.

X-Rite Incorporated and Pantone LLC, global leaders in color science and technology, announce the availability of its latest release of Color iMatch formulation software for the textile industry. The company will showcase the software at ITMA, June 20 – 26 in Barcelona, Spain. The new release of Color iMatchaccelerates recipe creation for the textile industry through better initial matches and fewer corrections for faster dyeing times, cost savings and reduced waste. Polymers Petrochemicals rPEt Recycling

X-Rite Showcases New Color Formulation

-Vandewiele Show of Digital Strength at Carpet Weaving with RCE2+

Virtual and remote control now allows for the Big Data analysis that is propelling the industry forward and will pave the way for AI applications. For carpet manufacturers, all of this is leading to the creation of truly Smart Factories.

Vandewiele show of digital strength at carpet weaving with RCE2+: developed for new needs of the new era

The new RCE2+ Rug and Carpet Expert weaving machine is a truly digital workhorse, with all yarns continuously controlled and measured and the difficult bobbin changes of the past completely eliminated. This is as a result of Vandewiele’s latest Fast Creel, with the feed and tension of each pile yarn controlled by individual servomotors.

The pile yarns are now fed directly into the machine without having to pass pile-stop motions, to both increase efficiency and eliminate any waste yarns, while achieving previously unreachable industrial speeds. Polymers Petrochemicals rPEt Recycling

Vandewiele Show of Digital Strength at Carpet Weaving with RCE2+

-Austrian fiber producer Lenzing to launch blockchain-based traceability platform

Austrian fiber producer Lenzing has announced its plans to use blockchain technology for end-to-end traceability of its fibers.

In a press release dated May 17, Lenzing said that it has entered into a partnership with TextileGenesis, a Hong Kong-based technology company, to implement blockchain technology.

It added that it examined a number of initiatives before deciding to join the platform develop by TextileGenesis.

Austrian fiber producer Lenzing

-BASF announces plastic plans for new Verbund site in China

BASF plans to build an engineering plastics compounding plant and a thermoplastic polyurethane (TPU) plant at the company’s proposed integrated chemical production (Verbund) site in Zhanjiang, China. These will be the first production plants to come onstream at the site.

By 2022, the new engineering plastics compounding plant will supply an additional capacity of 60 000 tpy of BASF engineering plastics compounds in China. This will bring the total BASF capacity of these products in Asia Pacific to 290 000 tpy. As part of the company’s plan to implement a comprehensive smart manufacturing concept at the Verbund site based on cutting-edge technologies, the new plants will utilise automated packaging, high-tech control systems, and automated guided vehicles.

Basf

Polymers Petrochemicals Carbon Fibres 21-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain :the fall does not stop
  • Crude oil is steady.
    • Polyamide 6 and its chain are a trend like that polyester.

    PET Bottle grade export 910/970 $/ton PET Bottle grade domestic market 7,200/7,350 yuan/ton PET Filament grade SD domestic market 6,900/7,000 yuan/ton – PET Filament grade BR domestic market 7,000/7,100 yuan/ton

  • PTA Taiwan 810/820 $/ton PTA domestic market 5,900/6,000 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 825/835 $/ton
  • Polyester POY 150D/48F  domestic market 7,350/8,450  yuan/tonPolyester DTY 150D/48F  domestic market 9,450/9,550  yuan/tonPolyester Staple PSF domestic market 8,000/8,100  yuan/ton

Polymers Petrochemicals Carbon Fibres

-China: a strategic market for RadiciGroup Group know-how and materials chiefly targeted at automotive, E/E, water and heating systems, and transport. Radici Plastics Suzhou Co. Ltd. present at Chinaplas 2019

Radici Plastics Suzhou Co. Ltd. is exhibiting at Chinaplas 2019 (Stand 11.2 – D01), the world’s leading plastics and rubber trade fair, this year marking its 33rd edition.

At Chinaplas, RadiciGroup is focusing on four strategic markets for its High Performance Polymers Business Area: automotive, electrical/electronics, water and heating systems, and transport.

Polymers Petrochemicals Carbon Fibres

Crude Oil Prices Trend Polymers Petrochemicals Carbon Fibres

Polymers Petrochemicals Carbon Fibres

-Why China Hasn’t Slapped Tariffs On U.S. Oil Imports

The United States has quickly become one of the top crude producers in the world thanks to the shale boom fueled by the shale oil and gas powerhouse that is West Texas’ Permian Basin.

In fact, the U.S. is on track to overtake Saudi Arabia as the world’s leading exporter of oil, natural gas liquids and petroleum products by the end of the year in a development very, very few could have predicted.

At the same time that the U.S. has risen to the top of the global oil production game to become the fastest-growing oil producer in the world, China has also broken its own records to become the fastest-growing oil consumer in the world.

Polymers Petrochemicals Carbon Fibres

-DuPont Sustainable Innovations Advance Smart Technology and Improve Safety    

DuPont Transportation & Advanced Polymers is showcasing three sustainable propositions including bio-based materials, e-F.A.S.T. (friction abating sliding thermoplastics) materials and PCR (Post-Consumer Recycled) solutions at Chinaplas 2019

DuPont Transportation & Advanced Polymers (T&AP), a business unit of DowDuPont Specialty Products Division, is showcasing three sustainable propositions including bio-based materials, e-F.A.S.T. (friction abating sliding thermoplastics) materials and PCR (Post-Consumer Recycled) solutions at Chinaplas 2019.

“We are very proud of our sustainable offerings that have been widely used in all kinds of products that are embedded into people’s daily lives.

DuPont Sustainable Innovations

-Plastic furniture manufacturers adopt PP

According to a recent study, increasing demand for low-cost, lightweight and durable furniture is driving end-users to adopt plastic instead of traditional, wooden or metal.

Ongoing developments in engineered plastics and growing focus on recyclable plastics will remain instrumental in shaping the future of the plastic furniture market.

The study estimates that developing countries in South Asia will account for approximately 32 per cent revenue share of the market in 2019. Increasing growth of the construction industry and increasing disposable income is mainly attributed to the surge in demand for plastic furniture in the region.

Manufacturers are introducing unique designs at affordable prices to tap the sales potential in developing nations in the region. Polymers Petrochemicals Carbon Fibres

Polymers Petrochemicals Carbon Fibres

-Hyundai Chemical selects Univation technology for new polyethylene plant

Hyundai Chemical Co., Ltd has chosen Univation Technologies’ UNIPOLTM PE Technology for a 300 000 tpy high-density polyethylene (HDPE) plant to be located at Hyundai’s site in Daesan, Republic of Korea.

Hyundai will utilise a broad range of Univation’s HDPE product technology portfolio including the ACCLAIMTM K-100 Catalyst Series for advanced HDPE products such as film, large part blow moulding (LPBM) and geomembrane applications.

Additionally, Hyundai has taken advantage of the flexible design of their UNIPOL PE Reactor line by investing in future production capabilities for both linear-low density polyethylene (LLDPE) and metallocene polyethylene (mPE) products.

Polymers Petrochemicals Carbon Fibres

-Techtextil: exhibitor record, many smart textiles

With a record number of exhibitors and the highest degree of internationality on the visitor side, the Techtextil and Texprocess trade fairs closed at the end of last week.

According to the organizer, Messe Frankfurt, a total of 1,818 exhibitors from 59 nations presented their new developments at the two fairs.

Compared to the event in 2017, this was an increase of 1.6%. At around 47,000, the number of trade visitors was slightly lower than the record result of two years ago (47,500).Polymers Petrochemicals Carbon Fibres

Polymers Petrochemicals Carbon Fibre

-Second award for BIO4SELF at Techtextil

Having already claimed an Innovation Award at this year’s JEC World show in Paris in March, the BIO4self project to develop a self-reinforced PLA composite material has claimed at second at last week’s Techtextil technical textiles show in Frankfurt.

BIO4self is a European H2020 project, coordinated by Centexbel in Belgium with partners Comfil in Denmark, Chemosvit Fibrochem in Slovakia, the Technical University of Denmark and the Faunhofer ICT in Germany.

Polymers Petrochemicals Carbon Fibre

-Planet Textiles 2019: Innovation Zone

With the tenth edition of Planet Textiles only a matter of weeks away, we take a look at the exhibitors who will form this year’s Innovation Zone, a platform to showcase the latest breakthroughs from across the apparel and textile sectors.

In addition to the return of the Pitch for the Planet platform which proved so popular last year in Vancouver, the Innovation Zone will enable visitors to hold in-depth discussions with exhibitors to gain a better understanding of the latest industry developments that could directly improve their organisation’s environmental credentials.Polymers Petrochemicals Carbon Fibres

Planet Textiles 2019: Innovation Zone

-Unilever to use ‘detectable’ black plastic in packaging

Consumer goods company Unilever is to use a ‘detectable’ black pigment in plastic packaging for its TRESemmé and Lynx cosmetic product brands, to enable the material to be sorted for recycling in MRFs.

Unilever says it will phase in the use of the new polymer on its black High Density Polyethelyne (HDPE) bottles for packaging in the two brands this year – equating to a total of around 2,500 tonnes of the material.

detectable black plastic

-Sonoco Alcore to display EcoSPAN textile cores at ITMA20

Sonoco Alcore will debut Sonoco’s new, patented EcoSPAN engineered textile cores to global manufacturers at ITMA 2019 exhibition, in hall 7, stand D113. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. Sonoco Alcore is a world-class technological leader of the paper tube and core industry.

Sonoco’s EcoSPAN technology creates a tailored friction surface to drive optimal performance in the demanding realm of Spandex yarn production. Unlike current Spandex yarn cores that use a film-based material on the outer surface, which creates friction-driven transfer problems and minimises the ability for customisation, EcoSPAN cores use a patented, customisable, aqueous coating, eliminating the need for additional film materials on the outer surface.

Sonoco Alcore

-Focus on Industry 4.0 at ITMA 2019

The future of the textiles industry is more and more determined by Industry 4.0, which has many dimensions and possible fields of application. In three of them (smart services, operations and factory), key solutions are provided by the machinery industry. The other ones from smart textile products, marketing and sales, employees up to strategy and organisation are specific know-how issues for textiles mills.

At the ITMA 2019 in Barcelona, next month, visitors will have the chance to see how Industry 4.0 solutions are impacting the textiles process chain. Six weeks prior to the show, Nicolai Strauch, press officer of the VDMA Textile Machinery Association, Germany, spoke to experts of VDMA member companies about their products and services with regard to digitisation and Industry 4.0.

Industry 4.0

-Vietnam-Russia economic, trade relations continue to thrive

Water filters manufactured by Russia-based Geyser Company are being sold in Vietnam (Photo: VNA)

Vietnam-Russia economic and trade relations have been growing continuously over the past years, according to the Ministry of Industry and Trade (MoIT).

Vietnam and Russia established a strategic partnership in 2001 and upgraded it to the level of comprehensive strategic partnership in 2012.

Bilateral trade enjoyed a strong surge as the Eurasian Economic Union (EAEU)-Vietnam Free Trade Agreement (FTA) took effect in October 2016.

Vietnam-Russia economic

Polymers Petrochemicals Graphene Economy 20-05-2019

Crude Oil Prices Tren

Polymers Petrochemicals Graphene Economy

Polymers Petrochemical Polyester Prices

Polymers Petrochemicals Graphene Economy

-PET bottle chip detailed developing process: from excessive profit to loss Polymers Petrochemicals Graphene Economy

PET bottle chip spot value has created new low in 2019, and still has sign of declining. Cash flow once squeezed to negative. Feedstock plunge is a major donor to price fall, while slacker demand in and abroad is the deep roots for the squeezed profit.

We shall recognize the fact that overseas supply shortage has turned to supply surplus, because the closed units gradually resumed working, and the restart of long-term shut plants plus new capacity also functioned on supply.

Polymers Petrochemicals Graphene Economy

Oil Price Forecast For 2019, 2020, 2021, 2022 And 2023

Crude Oil forecast

-Polyester downstream market largely pessimistic, requiring time to improve

After investigating major fabric manufacturing bases like Shengze, Changxing, Xiaoshan, Shaoxing and Haining, the results and feelings are as following, only for reference:

Different from previous investigations, many twisting units and fabric manufacturing plants were busy in visiting their downstream customers recently, which reflected that many downstream players tried to receive some orders by visiting customers or turned to focus on collecting the payment with falling prosperity.

Currently, most downstream twisting units and fabric manufacturing plants lacked confidence, showing strong sidelined attitude, which is similar to the situation in Sep-Oct, 2018. Polymers Petrochemicals Graphene Economy

Polymers Petrochemicals Graphene Economy

-Decarbonizing plastics is finally possible

Some scientists have come up with a way to make infinitely recyclable plastics. Other scientists are out to pull off another ambitious feat: making plastic production and disposal carbon neutral.

A new paper in Nature Climate Change looks at ways to cut the carbon footprint of plastics.

The authors suggest four strategies to succeed globally in that endeavor: a shift towards renewable energy, the quick spread of truly biodegradable plastics, rising recycling levels, and ultimately cutting down on global demand for plastics.

Decarbonizing plastics

-Ethylene prices gained in some parts of Asia last week.

CFR North East Asia prices were assessed up at the USD 975/mt levels, a week on week rise of USD 15/mt. The price rise was attributed to higher upstream costs and constrained product availability in the region.

CFR South East Asia prices of ethylene were assessed steady at the USD 905/mt mark.

Ethylene

-Nylon 6 HS chip: the chaos has just begun 

Recently, nylon 6 high-speed spinning chip market has seen continuous rising stocks, price declines in mixed conditions, reducing profits and so on.

Oversupply is more obvious against weak demand, while still many new projects are to be started in late market, including Yichen, Fangyuan, Luxi, Jinjiang and Shenyuan, etc.

It is hard to strike balance in a short run in HS chip market, and for chip producers, the competition has just begun. Polymers Petrochemicals Graphene Economy

Polymers Petrochemicals Graphene Economy

Polymers Petrochemicals Graphene Economy

-China’s ban on scrap imports revitalises US recycling industry

US paper mills are expanding capacity to take advantage of a glut of cheap waste materials

Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves

The halt on China’s imports of waste paper and plastic that has disrupted US recycling programmes has also spurred investment in American plants that process recyclables.

US paper mills are expanding capacity to take advantage of a glut of cheap scrap. Some facilities that previously exported plastic or metal to China have retooled so they can process it themselves.

Plastics Waste

-Oil producers meet to discuss output amid Iran tension

Major crude producers are set to meet Sunday to discuss how to stabilise a volatile oil market amid rising US-Iran tensions in the Gulf, which threaten to disrupt supply.

Key OPEC members and other major suppliers including Russia will assess the oil market and examine compliance to production cuts agreed late last year.

But the subject of Iran, which is not present, will dominate the one-day meeting of the OPEC+ group.

It comes days after sabotage attacks against tankers in highly sensitive Gulf waters and the bombing of a Saudi pipeline by Iran-aligned Yemen rebels.

Opec

-Vietnamese firms strive to increase apparel exports to Canada

Vietnamese textile and garment exports to Trans-Pacific Partnership (CPTPP) markets have failed to match the country’s stature as the world’s second largest apparel exporter.

General Director of the Việt Nam National Textile and Garment Group (Vinatex) Lê Tiến Trường delivered this statement during a workshop held in the Canadian city of Montreal on Thursday.

The event was organised as part of a trip by officials of Vinatex and its five member companies to Canada to promote their textile and garment exports to the nation. It also attracted representatives of 35 Canadian enterprises.

According to Trường, total textile-garment demand in member nations of the CPTPP, which gathered 11 members with a combined population of 500 million, was estimated at US$83 billion annually. In 2018, Việt Nam’s textile-garment exports to CPTPP markets were $5.3 billion, making up 6.3 per cent of the market.

Vietnamese apparel Canada

-Iran dismisses possibility of conflict, says does not want war

Iran’s top diplomat dismissed the possibility of war erupting in the region at a time of escalating confrontation with the United States, saying Tehran did not want conflict and no country had the “illusion it can confront Iran”.

Tensions betkfgo.com/…/iran-dismisses-possibility-of-conflict-says-does-not-want-warween Washington and Tehran have increased in recent days, raising concerns about a potential U.S.-Iran conflict. Earlier this week the United States pulled some diplomatic staff from its embassy in neighboring Iraq following attacks on oil tankers in the Gulf. Polymers Petrochemicals Graphene Economy

Iran Oil

-How the US-Iran oil standoff could also injure the economy

Fresh York (CNN Industry)The American economy is already titillating a physique blow from the deepening US-China alternate battle.

An right battle will seemingly be extra than the decade-long financial growth can model out.

Investors will seemingly be wise to closely video display the connection between the United States and Iran, where tensions enjoy soared after Iran suspended components of the nuclear deal that fleet brought an stop to its financial and diplomatic isolation.

A conflict within the Middle East, whereas unlikely, would ship oil costs surging. That will per chance well deal a most necessary blow to user spending, the engine of the American economy.

Historic previous reveals that oil label spikes — no longer monetary panics — are the main motive of recessions in fresh The usa. Polymers Petrochemicals Graphene Economy

Iran US Oil war

-Oil exporters discuss whether to increase supply

The world’s major oil producers are meeting in Saudi Arabia as they consider increasing output amid high global prices.

Ministers from OPEC and its allies, including Russia, are discussing whether to continue reduced production at a meeting in Jeddah. The measure is set to last until June.

The countries began cutting output in January to raise prices. The move had the intended result, with a particularly big boost to prices in April, when the United States announced it was tightening sanctions on Iran.

Oil barrels

-Researchers develop sensors that can be woven into fabrics

Researchers have developed a shrinkable sensor that can be interlaced into clothes, a development which may pave the path for smart clothing, capable of monitoring human movement.

The embedded microscopic sensor is able to recognize local motion through the stretching of the woven yarns that are treated with graphene nanoplatelets, which can read the body’s activity, according to the study published in the Journal of Small.

“Microscopic sensors are changing the way we monitor machines and humans. Combining the shrinking of technology along with improved accuracy, the future is very bright in this area,” said, lead researcher of the study, Mina Hoorfar.

This ‘shrinking technology’ used a phenomenon called piezo-resistivity, an electromechanical response of a material when it is under strain. These tiny sensors have shown a great promise in detecting human movements and can be used for heart rate monitoring or temperature control, explained Hoorfar.

sensors that can be woven into fabrics

-Fong’s to display innovative dyeing solutions at ITMA

Fong’s Europe will show latest textile machinery at ITMA 2019, in hall 2, stand D101 and at Xorella’s stand D203, in hall 6. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. Fong’s specialises in manufacturing of dyeing and finishing equipment for yarn dyeing, piece dyeing, dryers, and finishing.

The company will show the THEN SMARTFLOW TSF, which is designed to achieve the lowest possible energy and water consumption rates available on the market for jet dyeing, with achievable liquor ratios for a full load up to 300kg with a reduced kier volume and a liquor ratio down to 1:3.5 for cotton and 1:2.5 for synthetics, the company said in a press release.

Fong's to display innovative dyeing solutions at ITMA

Polymers Petrochemicals Renewable Plastics 18-05-2019

Polymers Petrochemicals Renewable Plastics

  • China Polyethylene Terephthalate
  • PET and its chain continue to lose ground.
  • Crude oil continues to go up and down and remains tied to the commercial war
  • U.S. – China (and soon Europe and Japan),as well as to the various political crisis (sanctions) : Iran,Venezuela,Libya,Russia,Etc. 
    • Polyamide 6 and its chain are still go downhill.

    PET Bottle grade export 1,040/1,000 $/ton PET Bottle grade domestic market 7,350/7,450 yuan/ton PET Filament grade SD domestic market 7,100/7,200 yuan/ton – PET Filament grade BR domestic market 7,200/7,350 yuan/ton

  • PTA Taiwan 815/825 $/ton PTA domestic market 6,050/6,150 yuan/tonMEG  515/525 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 845/855 $/ton
  • Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,550/9,650  yuan/tonPolyester Staple PSF domestic market 8,250/8,350  yuan/ton

Polymers Petrochemicals Renewable Plastics

-ITA shows Demonstrator Light Textiles at Techtextil 2019

The Institut für Textiltechnik of RWTH Aachen University (ITA) is currently showing its expertise in field of ambient lighting at Techtextil 2019 in Frankfurt, Germany. ITA is displaying Demonstrator Light Textiles that shows a new type of energy storage system for furniture applications, efficient textile products and new materials for aerospace applications.

With the Demonstrator Light Textiles, ITA shows an illuminated textile by using light-guiding fibres and polymer optical fibres (POF). This is ideally suited to design illuminated surfaces in the interior, e.g in the automotive or home sector. This textile solution offers a flexible, drapable surface with a soft, pleasant feel in a limited space, said ITA in a press release. ITA provides the fibre and process development. The key partner is Mentor GmbH & Co Präzisions-Bauteile KG in Erkrath, Germany.

Polymers Petrochemicals Renewable Plastics

-Compounders key to increase use of recycled material

Cleveland — Compounders will play a key role in recycled plastics in the more circular economy of the future because they can target materials for specific end-use applications, according to exhibitors at a trio of trade shows in Cleveland.

The show, held May 8-9, brought together compounders, recyclers and companies through the event that served as the Compounding World Expo, Plastics Recycling World Expo and Plastics Extrusion Expo. Applied Market Information LLC organized the trade show. Polymers Petrochemicals Renewable Plastics

Polymers Petrochemicals Renewable Plastics

-PGPrints Shows Latest Developments at ITMA Barcelona 2019

Will be giving live demonstrations of its second generation PIKE single-pass digital textile printing machine.

At ITMA 2019, SPGPrints will be giving live demonstrations of its second generation PIKE single-pass digital textile printing machine printing on viscose fabric with reactive inks. Based on the PIKE’s established image quality performance combining the industry’s highest resolution of 1200 dpi with the smallest droplets and lowest ink consumption, attendees can now come and see the new PIKE printing at considerably higher speeds than before while producing the best deep black blotches ever created in the industry.

spgprints

-Bruckner to display latest textile machinery at ITMA17

Bruckner will display latest textile machinery at ITMA 2019 expo. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. The company develops, produces, and distributes machines and lines for the coating and finishing of apparel fabric, technical textiles, nonwovens, glass fabrics, and floor coverings.

The topic of digitisation and Industry 4.0 opens up completely new possibilities for increasing productivity, reducing the use of resources and improving quality. In addition, an increasing shortage of skilled workers can be addressed by more intelligent software. Brückner has invested, developed, and implemented a lot in this area in recent years, the company said in a press release.

Taiwan’s machinery makers prepare for plastic bans

Sustainability Asia Food service Recycling Machinery

Some single-use plastics, like PET water bottles, serve a good purpose, said Peter Pan, vice general manager for Chumpower Machinery Corp.

Chumpower is a blow molding bottle machine maker in Taichung, the industrial hotbed in the central part of the country. A lot of Chumpower’s customers use its machines to make shampoo bottles or other cosmetics, but they also sell many systems to make water bottles.

“From our understanding, Europeans have started to ban plastics. And maybe PET bottles. Our thinking is different,” Pan said at the company’s headquarters. “In the world, everyone has the right to drink clean water. In Europe and the U.S., they are very good countries so they can drink tap water, no problem. Maybe they don’t need bottled water.” Polymers Petrochemicals Renewable Plastics

Taiwan's machinery makers

-Crude oil aims for biggest weekly advance since early April, as Persian Gulf tensions grow

The global benchmark has risen more than 2% so far this week, while New York futures edged higher by 2.2%. Tensions in the Middle East are increasing as Saudi Arabia accused Iran of being behind the attack on its pumping stations. That follows separate attacks to oil tankers in the area. Yet, Friday’s rally remains limited as China’s state media signaled a lack of interest in resuming trade talks with the U.S.

Tensions between Saudi Arabia and Iran have helped support crude prices, yet the market’s reaction has been “pretty measured,” said John Kilduff, partner at Again Capital LLC, a New York hedge fund focused on energy. That’s as “the deterioration of the U.S.-China trade situation is a big negative for crude and a big negative for the Asian economy.” Polymers Petrochemicals Renewable Plastics

Crude oil

-Lenzing to track yarn origin with ‘blockchain’

Austrian spinning manufacturer will use this technology to guarantee transparency and traceability of its material to make fibers.

Lenzing gains ground within sustainability thanks to the blockchain. Austrian yarn manufacturer pretends to implement this technology to the materials of their brand Tenceltm, in order to secure transparency and traceability of all its products to manufacturers and brands that use their threads.

The company, based in the Austrian city of Lenzing, has allied with Hong Kong’s technological company TextileGenesis to develop the platform after performing various test with other corporations, as stated by the group on a statement.

Lenzing to track yarn

-Unilever unveils ‘detectable and recyclable’ black plastic packaging

Consumer goods giant Unilever has today (17 May) unveiled a new pigment which makes black plastics detectable by recycling equipment, as it strives to boost the recyclability of its packaging portfolio.

The innovative material will be phased in across Unilever’s TRESemme and Lynx brands by the end of the year

The innovative material will be phased in across Unilever’s TRESemme and Lynx brands by the end of the year

Black plastic packaging is not recyclable through kerbside collections in the UK, or in most other European nations, as its carbon content prevents it from being detected by the infra-red sorting systems used in reprocessing facilities.

Unilever recyclable black plastic packaging

-BASF Starts Up Expanded Compounding Plant in Mexico

At the newly expanded Altamira plant, BASF is producing Ultradur PBT and Ultramid nylon product lines.

BASF Performance Materials, Wyandotte, Mich., has started up production at its expanded compounding plant in Altamira, Mexico. With increased capacity up to 30 million lbs/yr, the company is providing local production of its Ultradur PBT and Ultramid nylon product lines. This expansion addresses the increasing global demand for engineering plastics and supports the growing market in Mexico. BASF’s worldwide compounding capacity for nylon and PBT will reach more than 1.5 billion lbs/yr.

These materials are used to make high-performance components for the automotive, electrical and electronics industries as well as for the construction, appliance and furniture market sectors. Such components include ai air intake manifolds, engine mounts, headlamp housings, sensors and connectors, chairs and fastening elements.

BASF Starts Up Expanded Compounding Plant in Mexico

Polymers Petrochemicals Degradable Plastics 17-05-2019

-First bacterium with a totally redesigned genome created Polymers Petrochemicals Degradable Plastics 

A bacterium has been created with a totally synthetic genome that can also produce proteins using fewer triplet DNA bases – or codons – to encode the standard amino acids required for life.1 The discovery could serve as a platform for developing new proteins with unique properties.

The genetic code lays out the rules on how DNA is translated into a message that specifies the amino acids in a protein. Codons containing three of the four nucleobases cytosine, guanine, adenine or thymine can encode either the start of protein synthesis, incorporating an amino acid into the protein being synthesised or terminating protein synthesis. Natural organisms make use of all 64 possible codons but there are only 20 standard amino acids, so some nucleobase triplets can encode the same amino acid.

Polymers Petrochemicals Degradable Plastics 

First bacterium with a totally redesigned genome created

Crude Oil Prices Tren

Crude Oil Prices

-Recycling Innovations Expected to Attract Investors Through 2019

Investment trends are expected to grow as the development of the circular economy continues to expand.

This year, three recycling innovations are attracting private capital from major investors: the introduction of robotics and artificial intelligence, consumer brands’ focused efforts on designing packaging and products with recycled content and chemical recycling technologies.

Medium reports that in 2018, the recycling industry generated more than $110 billion in economic activity and $13.2 billion in federal, state and local tax revenue. And as 2019 is shaping up to be a year of major innovations, investment trends are expected to grow as the development of the circular economy continues to expand.

Polymers Petrochemicals Degradable Plastics

-A tougher bioplastic for food packaging

ADDING rubber to bioplastic to make it less brittle has led to the development of a new type of bioplastic that may provide a suitable alternative to petroleum-based plastic for food packaging.

Producing an alternative to petroleum-based plastic for food packaging is challenging as it needs to meet the standards of the food industry.

So far, products have had limited success due to processing and economic constraints, and some have been too brittle to be used for food packaging.

bioplastic for food packaging

-Plastic-eating fungus among winners of Waitrose’s £1m pollution fund

A facility that uses fungus to break down plastic and a project that uses mussels to filter microplastics in the sea are some of the winners of Waitrose’s £1m fund to tackle plastic pollution.

The £1m fund was raised from the sale of 5p carrier bags and will be split between the five winners who will receive funding between £150,000 and £300,000.

The supermarket worked with environmental charity Hubbub for the competition which attracted 150 applications, with the winners chosen by expert panel made up of representatives from academia, industry, non-governmental organisations and business.Polymers Petrochemicals Degradable Plastics 

Plastic-eating fungus

-New plastic closes the recycling loop

An astounding 91 percent of plastic is not recycled. Part of the reason for the world’s dismal recycling rate is that lack of collection and recycling infrastructure. Another reason is that recycled plastic is usually of a lower quality.

Researchers at the Lawrence Berkeley National Laboratory have now made a new plastic that can be broken down into its basic chemical building blocks and then rebuilt again and again without any loss in quality.

This means that the plastic, reported in Nature Chemistry, could be recycled in a closed loop. So less new material would have to be manufactured to create products. And by making plastic waste valuable, it would encourage recycling and divert plastic from landfills.Polymers Petrochemicals Degradable Plastics 

plastic waste

-Recycling partnership targets big bags

Flexible packaging producer LC Packaging and Veolia Netherlands are to collaborate with the objective of minimising residual waste streams globally.

The aim is to create a Circular Program focused on optimising the recovery and upcycling of flexible packaging after-use, instead of it ending up being incinerated or landfilled.

LC Packaging distributed more than 11 million FIBCs (big bags) in 2018, with a large percentage of those manufactured in Bangladesh.

As demand grows, LC Packaging opened a second plant at the beginning of the year, but there is a surplus of used big bags in the market for which there are few recycling facilities.

LC Packaging and Veolia

Roger Beuting, business development director at Veolia NL (left) and Lucas Lammers, chief executive of LC Packaging

-One to watch: Evonik’s TROGAMID passes Casio tests

Due to its special combination of properties, TROGAMID CX from Evonik was the only high-performance plastic to pass the strict material tests set by Japanese technology company Casio.

Casio tested the use of over 40 different plastics for its latest G-Shock digital watches from the Mudmaster series under particularly harsh conditions.

A team of 30 experts from Evonik tested it during the ‘Mud Masters’ obstacle run in Weeze, Germany.

The watch has a ‘Carbon Core Quard’ structure based on TROGAMID CX. The high-performance material is a permanently transparent high-performance polyamide that has been used successfully for years in the sports, leisure, automotive, cosmetics, medical device and optical industries. The plastic offers high UV protection as well as high resistance to mechanical stress or chemical substances.

Evonik’s TROGAMID

-Extrupet increases capacity with second Starlinger line

Extrupet Group (Pty) Ltd, South Africa’s first and largest recycling operation for post-consumer PET bottles, has ordered a second Starlinger PET recycling line to meet the country’s growing demand for rPET.

Extrupet’s PhoenixPET plant near Johannesburg converts more than 2.5 million PET bottles per day into high-quality flakes and pellets. Recycling activities at Extrupet developed around the turn of the millennium out of the necessity to put a stop to the landfilling of PET bottles.

Extrupet’s Group Director Ravi Chanrai said: “In addition to the upcoming expansion in South Africa, the group also plans to increase the capacity of its Nigerian recycling operations. The market in West Africa is highly dynamic and shows a strong demand for products made from recycled PET, such as PET bottles and textiles made of polyester fibres.” Polymers Petrochemicals Degradable Plastics 

Extrupet second Starlinger line

-Brent oil moves toward $73 on Middle East tensions

Oil prices rose on Thursday for a third day running as fears of supply disruption amid heightened tensions in the Middle East overshadowed swelling U.S. crude inventories.

Brent crude futures were up $1.03 at $72.80 a barrel by 1344 GMT, heading for the biggest weekly rise in about three months.

U.S. West Texas Intermediate (WTI) crude futures were up 83 cents at $62.85.

Oil was drawing support from the risk of conflict in the Middle East, with helicopters carrying U.S. staff from the U.S. embassy in Baghdad on Wednesday out of apparent concern over perceived threats from Iran.

Crude Oil

-Materials: Portfolio of Novel PBT Compounds Derived from rPET

SABIC’S LNP Elcrin iQ compounds aim to extend useful life of PET bottles and help reduce plastic waste.

A new portfolio of novel PBT compounded resins that are derived from recycled PET (rPET) have been developed by SABIC, Houston, Texas, to support the circular economy and help reduce plastic waste. The newly globally launched LNP Elcrin iQ compounds and blends are based on upcycled iQ PBT resins, a proprietary SABIC technology. This technology reportedly overcomes some of the limitations of mechanical recycling by using chemical processes to depolymerize PET bottles and other PET waste into their precursor chemicals, purify them and then use them to create new PBT resin. The technology can deliver performance and processing benefits such as good chemical resistance, colorability, high flow for faster throughput and flame retardance.

Novel PBT Compounds

-Cost effective and flexible packaging solution for dairy by Sidel

Sidel highlighted the ongoing shift to PET as a cost- effective and highly flexible packaging solution for dairy products.

During the India International Dairy Expo (IIDE) 2019 held between 3 April to 5 April 2019 in Mumbai, the Indian Dairy Association (West Zone) organized a two-day seminar on “Innovation and technological growth in the dairy industry” to discuss the significance of the dairy industry in India.

During the seminar, Sidel highlighted the ongoing shift to PET as a cost-effective and highly flexible packaging solution for dairy products, as it offers great opportunities to overcome challenges in the local and global dairy market.

Cost effective and flexible packaging

RadiciGroup automotive Chinaplas 2019

RadiciGroup automotive Chinaplas 2019

RadiciGroup automotive Chinaplas 2019

China: a strategic market for RadiciGroup Group know-how and materials chiefly targeted at automotive, E/E, water and heating systems, and transport. Radici Plastics Suzhou Co. Ltd. present at Chinaplas 2019

RadiciGroup automotive Chinaplas 2019 Radici Plastics Suzhou Co. Ltd. is exhibiting at Chinaplas 2019 (Stand 11.2 – D01), the world’s leading plastics and rubber trade fair, this year marking its 33rd edition. At Chinaplas, RadiciGroup is focusing on four strategic markets for its High Performance Polymers Business Area: automotive, electrical/electronics, water and heating systems, and transport.

RadiciGroup automotive Chinaplas 2019

Radici Plastics Suzhou Co. Ltd

“We have just increased our production capacity,” pointed out Alberto Sessolo, CEO of Radici Plastics Suzhou Co. Ltd, “aiming primarily at enhancing our flexibility in order to better satisfy our customers, also for special application needs.

In particular, we have been following the evolution of electric cars very closely, and we are working on a number of very interesting projects in collaboration with both local and global OEMs.

Our objective is to continue to grow, despite the fact that the world market, including China, started sending out signals of a slowdown from year-end 2018 to the beginning of 2019. In any case, we are confident that we are going to achieve our objectives.” RadiciGroup automotive Chinaplas 2019

Regarding products, markets and applications, Erico Spini, global marketing manager of RadiciGroup High Performance Polymers, explained RadiciGroup’s focus at Chinaplas: “Today China is the world leader in the development of new vehicles with electric engines. For this market, RadiciGroup offers materials specifically developed for applications on electric and hybrid cars.”
The range of products for this kind of application include PA 6 and PA 6.6 engineering polymers, such as RADIFLAM® HF and RADIFLAM® FR, halogen- and phosphorous-free products with excellent flame-retardant characteristics, which are used primarily for battery system components and power management units (e.g., inverters).RadiciGroup automotive Chinaplas 2019

What is more, materials developed for charging plugs and sockets, which must ensure durability and safety.

In an electric car, the heating and air-conditioning management system must be especially efficient to optimize batteryusage and the working of many other parts.

Thus, besides traditional polyamides, RadiciGroup offers long molecular chain polyamides for applications requiring enhanced performance: biobased
PA 6.10 (Radilon® D – PA 6.12 Radilon® DT) to PPA (Radilon® Aestus T1) and PPS
(Raditeck® P).

These are polymers for engineering applications with very high chemical resistance
and, in the case of Raditeck® P, excellent intrinsic flame resistance, as well.

RadiciGroup automotive Chinaplas 2019

Erico Spini, global marketing manager of RadiciGroup High Performance Polymers

“We are working on new flame-resistant products,” Mr. Spini continued, “to be used for components under electrical voltage, which, for safety considerations, must be orange in colour.

The colour mustremain stable during long exposure in unfavourable conditions and high temperatures.”
Safety is the keyword that characterizes RadiciGroup brand products for the electrical/electronics sector: an expanding range of UL-approved products that safeguard the environmentand are formulated to give components a long service life and enhanced safety.RadiciGroup automotive Chinaplas 2019

These materialsfeature excellent properties such as high flame resistance, insulation, UV resistance and more.
Among the most important electrical segments making use of Radilon® and Radiflam® are power distribution systems and industrial control systems, where components such as plugs, sockets, switches, connectors and others are needed.

The water, heating and sanitary systems market has experienced considerable growth drivenby new civil and industrial construction.

RadiciGroup High Performance Polymers has released PA6.6 products (Radilon® A versions suitable for drinking water contact) and more recently PA 6.12products (hydrolysis resistant Radilon® DT).

For more critical applications where parts are in contact with water at temperatures of up to 85°C, RadiciGroup offers KTW-certified PPA Radilon®
Aestus products.
“Transport is another attractive sector for us, considering the strong development China is experiencing,” Mr. Spini concluded.

“Our high-viscosity and glass-fibre reinforced polyamide-based materials are used to make components, such as rail fastening systems, insulating plates and other structural parts, for which good performance characteristics are an essential requirement.”

RadiciGroup automotive Chinaplas 2019

Maurizio Radici, Vice President of Radici Group,

Polyester downstream market pessimistic

Polyester downstream market largely pessimistic, requiring time to improve Polyester downstream market pessimistic

Source : CCFGroup

Polyester downstream market pessimistic

After investigating major fabric manufacturing bases like Shengze, Changxing, Xiaoshan, Shaoxing and Haining, the results and feelings are as following, only for reference:

  1. Different from previous investigations, many twisting units and fabric manufacturing plants were busy in visiting their downstream customers recently, which reflected that many downstream players tried to receive some orders by visiting customers or turned to focus on collecting the payment with falling prosperity.

 

  1. Currently, most downstream twisting units and fabric manufacturing plants lacked confidence, showing strong sidelined attitude, which is similar to the situation in Sep-Oct, 2018. On one hand, new orders apparently declined in Apr and players focused on completing orders placed in Mar, which was because partial demand was pulled forward as the VAT would be cut from Apr 1. Some plants even did not get orders in Apr, and orders in May were scarce too. Inquiries appeared, but actual transactions were limited. Twisting units and fabric manufacturing plants saw poor orders, stagnated sales and rising stocks in Apr-May; on the other hand, with decreasing feedstock price, the feedstock prepared before was devaluated, and the stocks of finished goods also devaluated. Thus, downstream plants tried to reduce feedstock inventory as low as possible, better to only meet the pressing demand.

 

  1. Stocks of grey fabric have beat high in recent years, and some plants successively slashed run rate after the May Day holiday to reduce the devaluation risk from stocks accumulation. The decrement of circular knitting O/R was the most apparent. The O/R of circular knitting plants in Shaoxing declined to around 30-40% now from 75% in Mar, and that of warp knitting plants in Haining and Changshu and water-jet plants in Changxing and Wujiang also slipped by around 10-20%. In short run, operating rate of downstream plants may keep dropping with decreasing upstream feedstock market and hard-to-improve demand.

 

  1. Dyeing plans also witnessed poor business when dyestuff price surged. Some dyeing plants in Xiaoshan and Haining mainly manufacturing knitwear revised down dyeing fee amid subdued orders. Besides, dyeing plants in Wujiang and Shengze also reflected that the order schedule has been greatly shortened.Polyester downstream market pessimistic

 

  1. As for Sino-US trade conflict, after U.S. Customs and Border Protection stated officially that US will raise tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent from May 10, 2019, downstream fabric manufacturing plants that directly exported textiles to US were affected. Some customers reflected that new orders have been suspended and the two sides need to negotiate the allocation of tariffs in later period. US is expected to be hard to find a nation that can produce textiles as large-scale as China, especially downstream fabric manufacturing plants related with chemical fiber. After all, China remains the biggest chemical fiber producer and fabric manufacturer in the world. Thus, orders from US still have chance to be placed or to be placed through transit country after negotiation in later period. Besides, the US threatened to impose tariffs on Chinese products worth about US$300 billion, saying that it will hold a hearing on June 17, and the $300 billion list contains the remaining home textiles and clothing for export. If this part is subject to tariff raise, it will have a greater impact on China’s textile and apparel exports in short term. After all, the United States is China’s largest textile and apparel export market.

 

  1. Operating rate of downstream twisting units and fabric manufacturing plants declined further, and downstream plants only purchased feedstock on a need-to-basis, resulting into mounting stocks in upstream polyester plants. Actually, many polyester plants suffered losses now amid price competition, especially FDY. Devaluation of stocks was obvious. Thus, some polyester plants have arranged production curtailment since May, and the polymerization rate is supposed to fall further. Polyester downstream market pessimistic

 

  1. Currently, pessimistic view was widely spread, but we also perceived some bullish factor. Firstly, downstream orders were largely sluggish in Apr-May, but some large plants witnessed moderate orders, and some orders were in the hand of traders. If feedstock market ends falling and rallies, these orders may emerge. Secondly, feedstock prepared in downstream plants was slanting low, worrying feedstock price to decline further, but speculative demand for low-priced feedstock may be stimulated if PTA spread narrows to reasonable level, polyester plants increase output reduction and PFY price has smaller downward risk.

 

All in all, pessimistic mindset is supposed to sustain in short run with poor business in downstream market. Polyester plants may continue slashing price and curtailing production together. PTA-PX spread is likely to narrow amid the reduction of polymerization rate.Polyester downstream market pessimistic

But pessimistic view should not be held in long run. After bearish factors gradually diluted, downstream plants are still likely to restock when the time is appropriate, while the specific time is not confirmed now, maybe in Jun? Demand is supposed to be constrained this year, so the rebounding range may be limited.

Nylon6 HS chip chaos

Nylon 6 HS chip: the chaos has just begun Nylon6 HS chip chaos

Recently, nylon 6 high-speed spinning chip market has seen continuous rising stocks, price declines in mixed conditions, reducing profits and so on.

Oversupply is more obvious against weak demand, while still many new projects are to be started in late market, including Yichen, Fangyuan, Luxi, Jinjiang and Shenyuan, etc. It is hard to strike balance in a short run in HS chip market, and for chip producers, the competition has just begun. Nylon6 HS chip chaos

(1) Widening contract and spot price spread, contract trading fails

In April, low-end HS chip plants plans to cancel the discounts for contract buyers. For instance, Shenghong plans to raise the processing fee from 1,200yuan/mt to 1,500yuan/mt, and Meibang plans to raise form 1,450yuan/mt to 1,600yaun/mt. But demand for low-end DTY in Zhejiang and Jiangsu is sluggish, and filament plants are mostly suffering losses due to payment arrears or discounted sales. They already feel hard to strike balance at the cost of Mar contract, not to mention about Apr cost, when Sinopec’s contract price is evidently higher, and rising processing fee of nylon 6 chip will be a definite unacceptable term.

Nylon6 HS chip chaos

On the contrary, spot price of Luxi has continued to be low (minimum to 14,300yuan/mt, by cash, ex-works). Based on the evident contract-spot spread, and chip stocks in plants, nylon filament producers rarely purchased the low-end HS chip in contract form in H1 Apr. When Sinopec settles the Apr contract at 14,550yuan/mt, some filament producers choose not to purchase the contract chip. Therefore, contract trading in the beginning of the second quarter of 2019 is basically canceled.

Nylon6 HS chip chaos

As for high-end HS chip market, the contract trading is relatively stable. But with the rapid increase of new production capacity, some new plants offer more affordable levels to attract buyers.Nylon6 HS chip chaos

A new chip plant in Zhejiang, capable to produce around 210kt/year nylon 6 HS chip, has reduced their spot offers to 15,500-15,600 yuan/mt, 6 months payment, short-distance delivered. With 210kt/year capacity of nylon 6 semi-dull HS chip, it is a largest manufacturer in the country, and the sufficient supply of low-price spot cargoes has gradually broken the high-end HS chip market pattern. By mid-Apr, contract chip plants have cut their processing fee from 1,750-1,800yaun/mt to around 1,500yuan/mt, but still, the contract prices are as high as 16,000-16,050yuan/mt, 6 months payment, delivered, around 500yuan/mt higher than low spot. It is why filament plants are strongly resisting to purchase from contract suppliers. Nylon6 HS chip chaos

In fact, previous price advantages of contract nylon 6 chip have gone, in comparison with spot cargoes, and the advantage of “stable supply” under contract mode has become a new burden to filament makers, who are suffering inventory pressure.

(2) The profit margin of nylon 6 chip has been significantly compressed, and rising supply surplus may lead to production cut.

Nylon6 HS chip chaos

So far, the profit of spot nylon 6 chip is near or below the break-even line, and it is hard to bear further price decline.Nylon6 HS chip chaos

It becomes a dilemma for nylon 6 chip plants, to lose buyers if cut production, or to lose profit if continue to produce and sell at low rates. In the fear of losing customers, still many chip plants with heavy inventory burdens continue production. But this situation may not last long, as downstream filament plants also faces quickly rising stocks and are considering cutting or have cut production. Finally, chip plants will be forced to curtail production.

(3) Capacity expansion is still going on, and low profit or staged losses will become normal in the short term. Nylon6 HS chip chaos

Based on capacity increment of nylon 6 HS chip and actual increment in downstream consumption, there is a “supply-demand increment gap”. In 2011-2014, supply surplus of nylon 6 HS chip was not heavy and the profits were relatively high. In 2015-2016, profits quickly fell under rapidly expanding “supply-demand increment gap”. In 2015-2016, when “supply-demand increment gap” was revised down below 0, profits of chip had been evidently pulled up. Nylon6 HS chip chaos

Looking at the present, “supply-demand increment gap” in January-April 2019 is approaching the level of 2015. Before the end of 2019, at least 500kt/year of new capacity is planned to be put into production, and the gap continues widening. The overall profit of nylon 6 HS chip may be lingering around the break-even line.

Above all, the chaos in the high-speed spinning chip market is mainly due to imbalanced between supply and demand, especially the spot low-price impact of new investment projects.Nylon6 HS chip chaos

The market share of contract trading has dropped from over 80% last year to around 50%, and may fall further in the short run.

As the terminal demand keeps weakening and finally affects upstream sectors. First, nylon 6 chip plants may largely shut production under heavy stock burden, and this may force down CPL prices and gradually achieve a new balance. This new balance includes not only supply and demand volume, but also the re-distribution of profits. This circle may be repeated several times in this year.

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polyestertime  Polymers Petrochemical Polyester Prices

ITEM13/05/201920/05/2019+/-
Bottle grade PET chips domestic market7,775 yuan/ton7,350 yuan/ton-425
Bottle grade PET chips export market1,040 $/ton985 $/ton-55
Filament grade Semidull chips domestic market7,475 yuan/ton7,050 yuan/ton-425
Filament grade Bright chips domestic market7,575 yuan/ton7,150 yuan/ton-425
Pure Terephthalic Acid PTA domestic market6,655 yuan/ton6,020 yuan/ton-635
Pure Terephthalic Acid PTA export market840 $/ton815 $/ton-25
Monoethyleneglycol MEG domestic market4,390 yuan/ton4,215 yuan/ton-175
Monoethyleneglycol MEG export market557 $/ton523 $/ton-34
Paraxylene PX FOB  Taiwan market907 $/ton860 $/ton-47
Paraxylene PX FOB  Korea market888 $/ton841 $/ton-47
Paraxylene PX FOB EU market798 $/ton755 $/ton-43
Polyester filament POY 150D/48F domestic market8,250 yuan/ton7,850 yuan/ton
-400
Recycled Polyester filament POY  domestic market7,900 yuan/ton7,500 yuan/ton-400
Polyester filament DTY 150D/48 F domestic market9,900 yuan/ton9,600 yuan/ton-300
Polyester filament FDY 68D24F domestic market 9,200 yuan/ton8,850 yuan/ton-350
Polyester filament FDY 150D/96F domestic market8,700 yuan/ton8,300 yuan/ton-400
Polyester staple fiber 1.4D 38mm domestic market8,480 yuan/ton8,070 yuan/ton-410
Caprolactam CPL domestic market13,650 yuan/ton12,350 yuan/ton
-1300
Caprolactam CPL overseas  market1,670 $/ton1,650 $/ton-20
Nylon6 chips overseas  market2,000 $/ton2,000 $/ton
Nylon6 chips conventional spinning domestic  market14,300 yuan/ton13,200 yuan/ton-1100
Nylon6 chips  high speed spinning domestic  market14,800 yuan/ton14,000 yuan/ton-800
Nylon 6.6 chips domestic  market28,200 yuan/ton27,300 yuan/ton-900
Nylon6 Filament POY 86D/24F domestic  market17,700 yuan/ton17,000 yuan/ton-700
Nylon6 Filament DTY 70D/24F domestic  market20,600 yuan/ton19,900 yuan/ton-700
Nylon6 Filament FDY  70D/24F  domestic  market18,400 yuan/ton17,800 yuan/ton-600
Spandex 20D  domestic  market38,500 yuan/ton38,500 yuan/ton
Spandex 30D  domestic  market37,500  yuan/ton37,500  yuan/ton
Spandex 40D  domestic  market32,000  yuan/ton32,000  yuan/ton
Adipic Acid domestic market8,000 yuan/ton7,900 yuan/ton-100
Benzene domestic market4,500 yuan/ton4,480 yuan/ton-20
Benzene overseas  market627$/ton616 $/ton -11
Ethylene South East market890 $/ton890 $/ton
Ethylene NWE  market1,128 $/ton1,125 $/ton-3
Acrylonitrile ACN  domestic market15,500 yuan/ton16,000 yuan/ton+500
Acrylonitrile ACN  overseas market1,850 $/ton2,100 $/ton-+250
Acrylic staple fiber ASF  domestic market17,400 yuan/ton17,400 yuan/ton
Viscose Staple Fiber VSF  domestic market12,000 yuan/ton11,800 yuan/ton-200
PP Powder domestic market8,475 yuan/ton8,450 yuan/ton-25
Naphtha overseas market  568 $/ton580 $/ton
+12
Phenol domestic market 7,813 yuan/ton7,813 yuan/ton
PS Taiwan 5250 GPPS1,285 1,310 $/ton1,260 $/ton-25
PS Taiwan 8250 HIPS1,365 1,374 $/ton1,340 $/ton-25
LDPE CFR Far East 1,062 $/ton1,052 $/ton-10
LLDPE CFR Far East1,0021,022 $/ton1,022 $/ton
LDPE   FOB Middle East1,01,047 $/ton1,037 $/ton-10
LLDPE FOB Middle East1,007 $/ton1,007 $/ton
HDPE CFR Far East1,052 $/ton1,037 $/ton-15
LDPE FD Northwest Europe 1,123 €/ton1,143 €/ton+20
LLDPE FD Northwest Europe 1,082 €/ton1,103 €/ton+21
Homopolymer PP CFR Far East1,118 $/ton1,099 $/ton-19
Homopolymer PP FD NWE1,221 €/ton1,221 €/ton

PET bottle chip process

PET bottle chip detailed developing process: from excessive profit to loss PET bottle chip process

Source : CCFGroup 

PET bottle chip spot value has created new low in 2019, and still has sign of declining. Cash flow once squeezed to negative. Feedstock plunge is a major donor to price fall, while slacker demand in and abroad is the deep roots for the squeezed profit. PET bottle chip process

PET bottle chip process

We shall recognize the fact that overseas supply shortage has turned to supply surplus, because the closed units gradually resumed working, and the restart of long-term shut plants plus new capacity also functioned on supply.

EU and Middle East markets are the most affected, while the specific data needs to be confirmed by the data released by the Customs later on.

China PET resin exports to EU market grew quite fast in past two years. But since the beginning of 2019, EU local raw materials price was once $200/mt cheaper than China level (which typically hovers around $150/mt), and Asian PX price was relatively high. Apart from that, South Korea-EU’s zero tariff policy and low-pricing promotion of newly online capacity in Middle East are both eating up China’s share. Flanked by above competitors, it’s barely possible for Chinese producers to open up the market.

PET bottle chip process

Middle East: since EIPET based in Egypt successfully restarted and Indian PET bottle chip producers further strengthened their exports, most demand in Middle East was locked by them, which also to some degree lowered price to EU and Africa market. After China price hike post Spring Festival holiday, some of China’s market share was taken, which may challenge future order intake.

Why did large overseas plants and China downstream build stock in advance since Q4 2018? PET bottle chip process

H1 2019 demand was largely digested in last Q4 and Q1 2019. On one side, PET bottle chip price was volatile in 2018, hence some downstream plants that make budget ahead of time have to choose whether to secure delivery in prior or to preserve profits first. Thus, with China materials way cheaper than other regions, overseas order boomed, with Nov export order intake even hitting 400kt high. Meanwhile, large downstream plants in China also restocked PET bottle chip to guarantee peak season delivery.

On the other side, most contracts are implemented from H2 2018 to H1 2019, which means summer delivery is not completely guaranteed, while feedstock market has seen violent fluctuations in Q3 in recent two years. Therefore, despite slack order intake in Q2, still a spate of downstream plants are negotiating forward deals during the downturn, primarily preparing for Q3-Q4 delivery.

For trader part, the frequent and volatile price trend is unfavorable for them to gain profit. Many traders were trapped on the top of the mountain as they built stock end Mar-early Apr when price increased. Some were conscious of selling part of the goods in advance, but didn’t win the market. A number of traders suffered severe loss recently. Of course, some traders that bore larger pressure or continuously held bearish views need to sell short for a while. It’s heard that one trader’s stock in hand could be comparable to over half month stock of a large PET producer.

Actual profit of PET bottle chip producers is tolerable as a whole, since orders are taken in ahead of time and RMB is depreciating recently. But new order intake remains a problem to be tackled with. Downstream bid constantly declines, not only RMB price for forward goods breaches below 7000yuan/mt but also export bidding level is heard at $950-980/mt FOB.PET bottle chip process

If China PET bottle chip price doesn’t regain advantage and feedstock uncertainty increases further, PET bottle chip traders may face worse situation. Output cut and closure news may increase later.

Crude Oil Price Forecast

Oil Price Forecast For 2019, 2020, 2021, 2022 And 2023

Crude Oil Price Forecast

Source :

MonthOpenLow-HighCloseMo,%Total,%
2019
May72.0368.79-74.6273.522.1%2.1%
Jun73.5273.52-76.0574.931.9%4.0%
Jul74.9374.93-79.1477.974.1%8.2%
Aug77.9777.97-84.0482.806.2%15.0%
Sep82.8082.80-86.8685.583.4%18.8%
Oct85.5885.58-92.2590.896.2%26.2%
Nov90.8983.97-90.8985.25-6.2%18.4%
Dec85.2578.76-85.2579.96-6.2%11.0%
2020
Jan79.9673.88-79.9675.00-6.2%4.1%
Feb75.0075.00-80.8479.656.2%10.6%
Mar79.6577.39-79.7578.57-1.4%9.1%
Apr78.5778.57-84.6983.446.2%15.8%
May83.4483.44-89.0087.685.1%21.7%
Jun87.6887.68-91.8990.533.3%25.7%
Jul90.5386.79-90.5388.11-2.7%22.3%
Aug88.1188.11-93.0791.694.1%27.3%
Sep91.6991.69-96.7295.293.9%32.3%
Oct95.2995.29-102.42100.915.9%40.1%
Nov100.91100.91-108.78107.176.2%48.8%
Dec107.17107.17-115.52113.816.2%58.0%
2021
Jan113.81113.81-118.37116.622.5%61.9%
Feb116.62116.62-124.95123.105.6%70.9%
Mar123.10117.85-123.10119.64-2.8%66.1%
Apr119.64114.87-119.64116.62-2.5%61.9%
May116.62110.47-116.62112.15-3.8%55.7%
MonthOpenLow-HighCloseMo,%Total,%
2021 Continuation
Jun112.15104.94-112.15106.54-5.0%47.9%
Jul106.54104.52-107.70106.11-0.4%47.3%
Aug106.11104.20-107.38105.79-0.3%46.9%
Sep105.79105.79-114.04112.356.2%56.0%
Oct112.35112.35-119.06117.304.4%62.8%
Nov117.30113.82-117.30115.55-1.5%60.4%
Dec115.55115.55-122.30120.494.3%67.3%
2022
Jan120.49120.49-129.88127.966.2%77.6%
Feb127.96118.23-127.96120.03-6.2%66.6%
Mar120.03118.35-121.95120.150.1%66.8%
Apr120.15120.15-125.83123.973.2%72.1%
May123.97123.97-133.63131.666.2%82.8%
Jun131.66131.66-141.92139.826.2%94.1%
Jul139.82139.82-146.94144.773.5%101.0%
Aug144.77133.75-144.77135.79-6.2%88.5%
Sep135.79125.46-135.79127.37-6.2%76.8%
Oct127.37117.68-127.37119.47-6.2%65.9%
Nov119.47119.47-124.25122.412.5%69.9%
Dec122.41113.10-122.41114.82-6.2%59.4%
2023
Jan114.82114.82-120.88119.093.7%65.3%
Feb119.09110.03-119.09111.71-6.2%55.1%
Mar111.71106.72-111.71108.35-3.0%50.4%
Apr108.35104.77-108.35106.37-1.8%47.7%
May106.37106.37-114.65112.966.2%56.8%
Jun112.96104.37-112.96105.96-6.2%47.1%

 

Oil Price forecast for May 2019.
In the beginning price at 72.03 Dollars. High price 74.62, low 68.79. The average for the month 72.24. The Oil Price forecast at the end of the month 73.52, change for May 2.1%.

Brent oil price forecast for June 2019.
In the beginning price at 73.52 Dollars. High price 76.05, low 73.52. The average for the month 74.51. The Oil Price forecast at the end of the month 74.93, change for June 1.9%.

Oil Price forecast for July 2019.
In the beginning price at 74.93 Dollars. High price 79.14, low 74.93. The average for the month 76.74. The Oil Price forecast at the end of the month 77.97, change for July 4.1%.

Brent oil price forecast for August 2019.
In the beginning price at 77.97 Dollars. High price 84.04, low 77.97. The average for the month 80.70. The Oil Price forecast at the end of the month 82.80, change for August 6.2%.

Oil Price forecast for September 2019.
In the beginning price at 82.80 Dollars. High price 86.86, low 82.80. The average for the month 84.51. The Oil Price forecast at the end of the month 85.58, change for September 3.4%.

Ethylene import prices NortheastAsia

Ethylene import prices rise in AsiaEthylene import prices NortheastAsia

Ethylene import prices NortheastAsia

MOSCA –Import prices for ethylene in northeast Asia have increased due to the resumption of stocks in China amid limited supply,  according to ICIS .

Demand is expected to remain stable this week, but growth is likely to be limited by weak indicators of the sectors of production of monoethylene glycol (MEG) and polyethylene (PE). Ethylene import prices NortheastAsia

Some Chinese importers attempted to increase prices for shipments in May-June, but met resistance from buyers.  Consumer offers amounted to USD980 per tonne, CFR Northeast Asia, which is USD20 higher compared to a week earlier.

Manufacturers were not in a hurry to sell June supplies to traders, as they expected price increases due to high consumer interest.

Supplies in the region have declined somewhat due to the lengthy maintenance at Hanwha Total Petrochemical’s plant in South Korea and the restart of the Shell unit in Singapore. Ethylene import prices NortheastAsia

Deliveries from Europe were not high due to a number of manufacturing problems at cracking installations, including unplanned outages at the Versalis cracking installation in Porto Margaret.  For manufacturers based in North and South America, Europe is more attractive to markets than Asia.

Ethylene is the main raw material for the production of polyethylene (PE).

According to Scan Report Company Market Report, in Russia, in the first three months of this year, the estimated PE consumption was 490.64 thousand tons, which is 3% less than a year earlier.Ethylene import prices NortheastAsia

Only supplies of low-pressure polyethylene (HDPE) have increased.

mrcplast.ru

Author:   Anna Larionova

 

Polymers Petrochemicals Smart Fabric 16-05-2019

-Plastic free textile solutions for aquatic farming

The Lenzing Group, a leader in specialty fibres based on the renewable material wood, has today introduced its botanic solution for marine applications and in particular for aquatic farming, at the Techtextil trade fair in Frankurt. The wood-based Lenzing branded Lyocell fibres are used for the construction of ropes and nets in order to support the cultivation of marine cultures such as molluscs, mussels and edible seaweed to reduce plastic in the sea.

Serious problem for our marine environment

“Annually, about 8 million metric tons of plastics end up in the ocean, resulting in an estimated 165 million tons of plastic debris, currently floating in the marine environment, threatening the health and safety of marine life,” Lenzing told members of the international trade press yesterday in Frankfurt.

Polymers Petrochemicals Smart Fabric

Crude Oil Prices Tren

Crude Oil

-Ethylene import prices rise in Asia Polymers Petrochemicals Smart Fabric

Import prices for ethylene in northeast Asia have increased due to the resumption of stocks in China amid limited supply, according to ICIS .

Demand is expected to remain stable this week, but growth is likely to be limited by weak indicators of the sectors of production of monoethylene glycol (MEG) and polyethylene (PE).

Some Chinese importers attempted to increase prices for shipments in May-June, but met resistance from buyers.  Consumer offers amounted to USD980 per tonne, CFR Northeast Asia, which is USD20 higher compared to a week earlier.

Manufacturers were not in a hurry to sell June supplies to traders, as they expected price increases due to high consumer interest.

Polymers Petrochemicals Smart Fabric

-Kucukcalik launches new sustainable yarn

Kucukcalik Textile group’s yarn brand, KFS, has produced a new sustainable yarn, KFS-Comfy K-200 Eco Made. The new yarn is manufactured with KFS’s high-performing spinning technology using recycled polyester materials from discarded PET bottles and Dupont Sorona polymer, which is comprised of 37 per cent renewable plant-based ingredients.

The KFS-Comfy K-200 Eco Made material maintains the high-performance benefits of the KFS’s Comfy K-200 yarn – stretch, recovery, softness, and chlorine resistance – with the added benefit of enhanced sustainability, said Küçükçalik in a press release. Comparable to spandex, the high-performance yarn has outstanding elasticity and stretch, but with improved recovery – even after repeated uses and washing. Fabrics made with KFS-Comfy K-200 yarns feature high performance benefits such as easy care, softness, vivid colour, chlorine resistance, and good moisture management, keeping wearers cool and dry. Polymers Petrochemicals Smart Fabric

Kucukcalik sustainable yarn

-SANITIZED AG invests in customer-specific development of antimicrobial masterbatches

A new twin-screw extruder has begun operating in the TecCenter for processing standard polymers (bulk plastics) as well as technical polymers (engineering plastics).

Masterbatches of low to high-melt polymers in different formulations and the finished compound can be manufactured.

Two nozzle plates allow the extrusion of polymer strands and tapes for further examination of the antimicrobial effectiveness in the SANITIZED microbiology laboratory.

The company says the selection of the appropriate antimicrobial active ingredients depends on the defined protection goals, on their compatibility with the relevant processing methods of the semi-finished product suppliers or final customers and if they have an impact on the manufacturing procedure. Polymers Petrochemicals Smart Fabric

SANITIZED AG invests in customer-specific development of antimicrobial masterbatches

-DuPont™ Sorona® Interactive Workshops Offered Hands-on Access at Performance Days    

Experts showcase the next big thing in stretch and other apparel applications at international Performance Days Fair

DuPont Biomaterials hosted an interactive workshop series featuring its bio-based performance fiber, DuPont™ Sorona® fiber, for attendees of the Performance Days Functional Fabric Fair, held in Munich, Germany, May 8-9, 2019.

Sessions provided insight on Sorona® performance and sustainability data, mill partners, co-branding opportunities and new applications in 2019. Each workshop session also invited visitors to explore a distinct theme, with topics ranging from an introduction to the bio-based performance fiber to replacing elastane with Sorona® fibers to achieve long-lasting recovery performance. Sorona® fiber applications in breathable insulation, elegance in bio-based outerwear, and the performance benefits of combining natural fibers with Sorona® fibers were also be discussed.

DuPont™ Sorona®

-New non-OPEC oil project investment to hit all-time high this year

Investment in new non-OPEC oil and gas projects is likely to hit an all-time high this year and increase in 2020, as firmer prices and swelling cashflow signal an end to restricted spending in the sector, cartel OPEC said on Tuesday.

Photo by Lm Otero/AP/REX/ShutterstockPhoto by Lm Otero/AP/REX/Shutterstock

Exploration and production (E&P) players project sanctioning is expected to hit a record $390bn in 2019 and rise to $468bn next year, following years of straitened capital expenditure (capex) allocations as oil companies sought to push down their per-barrel break-evens following the 2014 price crash.

Non-OPEC free cashflow reached a record high of $310bn last year, nearly doubling the level of 2017, on the back of lower oil prices and costs, and reduced investment levels, which is expected to help finance a huge uptick in project sanctioning in 2019-20, OPEC said.

Non-OPEC supply more than tripled year on year in 2018, with growth of 2.91m bbl/day driven by 2.26m bbl/day growth in the US during the year, buoyed by contributions from Canada, Russia and the UK.

Oil Pump

-Oil is already trade war’s collateral damage even without duty hikes

The flow of American cargoes to China has nevertheless been throttled by rising tensions

U.S. oil shipments are likely to be a casualty of the trade war with China, even though crude was spared from the latest list of American goods targeted with retaliatory tariffs.

While oil has never been subject to levies during the dispute between the world’s two biggest economies, the flow of American cargoes to China has nevertheless been throttled by rising tensions over the past year. Refiners in the Asian nation — previously the top Asian buyer of U.S. crude — have largely shunned imports in a bid to avoid getting caught up in the trade war. Polymers Petrochemicals Smart Fabric

crude Oil Barrel

-What the plastic pollution debate means for packaging companies

But with more than 90% of all plastic waste yet to ever be recycled, according to the latest academic research, plastic pollution has become a problem for oceans, marine life and the environment that has become hard to ignore.

Sustainability has been both a topic of public debate and an increasingly important consideration for investors for some time, but awareness of the issue has reached new heights in the last 18 months following the BBC TV series Blue Planet II.
Regulators to explore removing ‘barriers’ to addressing ‘unprecedented’ climate risk

The documentary and a number of others like it have brought greater attention to the proliferation of single-use plastic as a packaging material and the need to improve how this material is managed after it is used.Polymers Petrochemicals Smart Fabric

Plastic Pollution

-When biodegradable plastic isn’t

The ubiquitous plastic bag is handy for transporting groceries and other items home from the store. However, this convenience takes a toll on the environment, with plastic debris littering land and waterways. Manufacturers offer biodegradable or compostable plastic bags, but in many cases, these claims have not been tested in natural environments. Now, researchers report in ACS’ Environmental Science & Technology that the bags do not degrade in some environments any faster than regular polyethylene.

According to the European Commission, about 100 billion plastic bags enter the European Union market each year. Many of these are used only once and then thrown away, tossed onto the ground or blown by the wind into lakes or oceans. Aside from being ugly, plastic debris can harm animals and ecosystems.

biodegradable plastic

-AdvanSix halts nylon film making in Pennsylvania, cutting 85 jobs

AdvanSix Inc. is ending nylon film production at its site in Pottsville, Pa.

The closure of the site will be completed in the third quarter. About 85 jobs will be eliminated in the move, a spokeswoman with Parsippany, N.J.-based AdvanSix said in an email to Plastics News. The site made biaxially oriented nylon film used in food packaging and other applications.

AdvanSix now will supply customers with nylon film through a partnership with Lurin, Peru-based Oben Group.

In a May 3 earnings release, AdvanSix President and CEO Erin Kane said these moves “best position us for success in the nylon films industry.” She also thanked the Pottsville staff for its “hard work and dedication.”

AdvanSix halts nylon film

-IEA cuts oil demand outlook and says supply shrank in April due to Iran sanctions

The IEA cut its oil demand growth estimate for 2019 by 90,000 bpd to 1.3 million bpd.

The report also revealed a global supply drop in April of 300,000 bpd, led by Iran, Azerbaijan, Kazakhstan and Canada.

Non-OPEC supply is forecast to grow 1.9 million bpd versus 2.8 million bpd last year.

Oil demand growth estimates for both 2018 and 2019 have been cut, the International Energy Agency revealed in its latest report issued Wednesday.

Last year’s oil demand growth estimate has been revised downward by 70,000 barrels per day (bpd) to 1.2 million bpd, while the forecast for this year is cut by 90,000 bpd to 1.3 million bpd, the IEA said.

Crude oil Rig

-Clariant Show Partially Bio-Based Magenta at FESPA

Ink Jet Magenta E-S VP6057 creates strong graphics shades to extend CMYK color gamut and match designers’ requirements.

Clariant is showing its bio-based magenta pigment with high chroma and staying power for high-impact indoor and outdoor graphical print (B4-M44).

Technology advances in digital printing are opening up new substrates and markets to screen, wide-format printing, signage and textile printing. For visuals which really grab attention and meet 2019 effect trends, designers and marketeers seek high purity inks capable of expanding the color gamut beyond the restrictions of CMYK and accurate color reproduction. In parallel, print buyers’ demands for fast turnarounds and high-quality output, drive equipment manufacturers and print service providers towards inks supporting more efficient, faster machines with lower operating costs.

Clariant Pigment

-Bio-based Polyethylene Terephthalate Market Expected To Witness Double Digit Growth During The Forecast Period

According to the latest report published by Credence Research, Inc. “Global Bio-based Polyethylene Terephthalate Market – Growth, Future Prospects and Competitive Analysis, 2018-2026,” the global bio-based polyethylene terephthalate market expected to grow at the CAGR of 20.8% from 2018 to 2026.

Due to eco-friendly nature and superior properties than PET, bio-PET is witnessing huge demand from various end-use industries such as food & beverages, cosmetics & pharmaceuticals, automotive, textile and so on. Traditionally, bio-PET comprises 30% bio-based MEG and 70% petroleum-based resins however, many companies are investing to increase the production of bio-based MEG to eradicate the problem of inconsistent supply of raw material for the development of 100% bio-based PET. For instance, Avantium invested in the construction of bio-MEG demonstration plant in the Netherlands, to ramp up the bio-based mono-ethylene glycol (MEG) production made directly from renewable sugars.

Bio-based Polyethylene Terephthalate Market

-Trade war adds pressure on weakening Latin America PET

Tensions caused by the US-China tariffs war are affecting the Latin American polyethylene terephthalate (PET) markets by driving prices down at a time when the seasonal lull has already taken a toll.

Market fundamentals have been very slow across the Latin American region, with reduced spot buying interest and declining prices in several countries, particularly in those where imports are more frequently traded.

Diminished resin trade between the US and China is resulting in more availability of Chinese product at lower prices, particularly in non-producing countries in South America.

Additionally, prolonged tariffs issues could potentially lead to fewer cargoes between Asia and the US and consequently extra free cargo space, reducing freight costs for material shipped from Asia to Latin America earlier in the first quarter.

PET Resin

-Additives: New Antioxidant Formulations for Polyolefins, Engineering Resins and Elastomers

SI Group showcasing specialty performance additives for polyolefins, engineering resins and elastomers at Chinaplas 2019.

New advancements in polymer additive technologies, including Weston 705, Ultranox LC, Lowinox and Alblend S 2225 will be showcased at Chinaplas 2019, May 21-24 in Guangzhou, by SI Group, Schenectady, N.Y.

The company was formed in October 2018, when New York City-based private investment firm SK Capital acquired global additives and intermediate manufacturer SI Group, Inc. and combined it with Addivant USA, Danbury, Conn., which had been part of SK Capital’s portfolio since 2013.

Additives: New Antioxidant Formulations

Tongkun TPA polyester China 

Tongkun plans to build a production of TPA and polyester in China 

Tongkun TPA polyester China 

MOSCOW – The Chinese Tongkun Group plans to invest CNY16 billion (USD2.4 billion) in the construction of new production facilities for the production of purified terephthalic acid (TPA) and polyester in Rudong, Jiangsu Province, ICIS reports.

The project will be implemented in two stages, and the products will be supplied to the domestic market.Tongkun TPA polyester China 

The first phase of the project, which will cost CNY12 billion, will include the construction of two TPA lines, each with a capacity of 2.5 million tons per year, as well as a line for the production of elongated polyester yarn (FDY) 300 thousand tons and a line of partially oriented polyester yarn (POY ) 900 thousand tons per year.

The second phase of the project will include the construction of the FDY line at 600 thousand tons per year and the POY line at 600 thousand tons per year.

Tongkun plans to start the first phase of construction at the end of this year and complete it at the end of 2022.  The second stage is scheduled to be completed in two years, starting in December 2023. Tongkun TPA polyester China 

TPA is one of the main components for the production of polyethylene terephthalate (PET).

According to Scan Report Company Market Report, in Russia, the estimated consumption of PET in January-March of the current year increased by 21% and amounted to 179.05 thousand tons.  In March, the total estimated consumption was 64.35 thousand tons, which is 6% higher than the previous year.

Tongkun currently has a total TPA capacity of 3.7 million tons per year at Jiaxing in Zhejiang Province.Tongkun TPA polyester China 

TongKun Group Co., Ltd.  based in Tongxiang, Zhejiang Province, China, was founded in 1987.  The company produces PET and is the largest polyester yarn manufacturer in China.  The company has 10 subsidiaries.

mrcplast.ru

Author:   Anna Larionova

Related Topics : Polymers Petrochemical Polyamides Prices

US additional duties China 

US plans to introduce additional duties on goods from China 

US additional duties China 

MOSCOW – The United States plans to impose additional duties on goods from China for another USD300 billion, Kommersant reports.

At the same time, from May 10, the United States increased the tariffs for the import of a number of Chinese goods from 10% to 25%.  US President Donald Trump earlier warned China against imposing retaliatory duties.  According to Trump, if Beijing responds, the situation will only get worse. US additional duties China 

Earlier it became known that China, from June 1, introduces import duties on exports from the United States to various groups of goods in the amount of USD60 billion. Their size will vary from 5% to 25%.  According to the Ministry of Finance of China, the introduction of duties by the United States “led to an escalation of China-US economic and trade relations, contrary to the consensus between China and the United States to resolve trade disputes.”  Thus, the interests of both parties were put at risk and not meeting the general expectations of the international community, according to the Ministry of Finance of China. US additional duties China 

The trade war between the two countries began in the summer of 2018.  Washington and Beijing imposed duties on each other, the losses from which on each side were estimated at USD34 billion. In December, at the G-20 summit in Buenos Aires, the United States and China managed to agree on a “truce of commerce” that expired in March.US additional duties China 

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemicals Recycling Textiles 15-05-2019

-Tongkun plans to build a production of TPA and polyester in China 

The Chinese Tongkun Group plans to invest CNY16 billion (USD2.4 billion) in the construction of new production facilities for the production of purified terephthalic acid (TPA) and polyester in Rudong, Jiangsu Province.

The project will be implemented in two stages, and the products will be supplied to the domestic market.

Tongkun TPA polyester China The first phase of the project, which will cost CNY12 billion, will include the construction of two TPA lines, each with a capacity of 2.5 million tons per year, as well as a line for the production of elongated polyester yarn (FDY) 300 thousand tons and a line of partially oriented polyester yarn (POY ) 900 thousand tons per year.

Tongkun plans to build a production of TPA

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-US plans to introduce additional duties on goods from China 

The United States plans to impose additional duties on goods from China for another USD300 billion, Kommersant reports.

At the same time, from May 10, the United States increased the tariffs for the import of a number of Chinese goods from 10% to 25%.

US President Donald Trump earlier warned China against imposing re.

taliatory duties.  According to Trump, if Beijing responds, the situation will only get worse  Polymers Petrochemicals Recycling Textiles

Polymers Petrochemicals Recycling Textiles

-China’s 25% tariff to hit US polymers, aromatics by June

China’s latest tit-for-tat move in its 10-month trade war with the US will hit some key chemicals such as polymers, aromatics and methanol.

It announced late on Monday that it will raise tariffs on $60bn of US goods from 1 June, in response to the US’ tariff hike on $200bn worth of Chinese goods that took effect on 10 May.

China will impose a higher tariff rate of 25% on imports of toluene, xylene, paraxylene, methanol, purified terephthalic acid (PTA), polystyrene, acrylonitrile-butadiene-styrene (ABS), polyvinyl chloride (PVC) , toluene di-isocyanate (TDI) and methylene diphenyl di-isocyanate (MDI), among others.

These chemicals are currently levied tariffs of 10%. (Please see complete list below)

In a separate announcement issued on Monday night, China’s Ministry of Commerce said that Chinese importers can apply for tariff waivers to mitigate the impact of the trade war on operations. Polymers Petrochemicals Recycling Textiles

Polymers

-Evonik to display new polyimide fibres at Techtextil

Evonik, one of the world’s leading specialty chemicals companies, is set to celebrate 35 years of polyimide fibre chemistry by displaying its latest generation of fibre at Techtextil 2019 expo, in hall 4.2, booth B37. The leading international trade fair for technical textiles and nonwovens will be held from May 14-17, 2019, in Frankfurt, Germany.

In 1984, for the first time ever, it was possible to spin fibres from the high-performance plastic polyimide. This innovation was embedded by Evonik in the brand name P84 which has stood for high-temperature-resistant fibres for demanding industrial applications ever since, according to a media statement by the company.

-Evonik to display new polyimide fibres at Techtextil

-Aquafil: net profit -21.9% to 7.7 million in the first quarter

(Italian Language Only)

The Board of Directors of Aquafil S.
The Board of Directors of Aquafil S.p.A. [ECNL: IM] approved the economic and financial results at 31 March 2019.
• Turnover as of 31 March 2019: euro 145.3 million; + 3.2% compared to the same period of 2018 (€ 140.8 million);
• EBITDA at March 31, 2019: equal to euro 19.1 million; -14.2% compared to the same period of 2018 (€ 22.3 million);
• Adjusted EBIT at 31 March 2019: equal to € 11.0 million; -30.6% compared to the same period of 2018 (€ 15.9 million);
• Net profit at 31 March 2019: equal to € 7.7 million; -21.9% compared to the same period of 2018 (€ 9.8 million);
• Net financial position at March 31, 2019 of euro 213.3 million including the adoption of IFRS 16 (€ 157.3 million at December 31, 2018);

Aquafil

-APIC ’19: Asia petchem trade cautious ahead of key regional conference

Trades in Asia’s petrochemical markets are largely cautious ahead of a major regional conference, as uncertainty over the intensifying trade war between the US and China continued to cloud business sentiment.

A container ship is unloaded at the Virginia International Gateway terminal in the US. President Donald Trump’s latest tariff hike on Chinese goods took effect 10 May and Beijing said it would retaliate, escalating a battle over China’s technology ambitions and other trade tensions. (Steve Helber/AP/Shutterstock)

The trade war between the world’s two biggest economies has escalated as market players prepare for the 2019 Asia Petrochemical Industry Conference (APIC) in Taipei, Taiwan, on 16-17 May, with the theme: “Smart Petrochemical Processes – Sustainable Solutions Enabling a Better World”.

Industry players were mostly mulling over the potential long-term impact of the latest round of tit-for-tat tariff hikes by the US and China.

Asia petchem

-Italy’s Versalis, Montello team up to develop plastic products from recycled packaging

Italy-based Eni Group’s chemical subsidiary Versalis has signed an agreement with European company Montello to develop new range of plastic products made from recycled packaging.

As part of the deal, the firms will develop a range of products that can contain up to 70% of post-consumer plastic to mostly meet the demands of the packaging and agricultural sectors.

Eni said that the new developments are created through an innovative process and in partnership with Montello laboratories and the Versalis Research Centre in Mantua.

The firm said in a statement: “Advances in consolidated technological and commercial expertise in the polyethylene industry has enabled the two companies to develop a range of products that can contain up to 70% of post-consumer plastic.”

The undisclosed client companies have already conducted industrial tests, resulting in positive feedback.

Versalis CEO Daniele Ferrari said: “At Versalis we are committed to developing tangible circular economy solutions and to do this we believe it is essential to combine the strengths and skills throughout the supply chain.

“To truly close the loop, recycled plastic must be transformed into new raw materials for high-value applications, which is why we are partnering with Montello, a leader in the recycling sector.”  Polymers Petrochemicals Recycling Textiles

Dott.Ferrari ENI CEO

-Trevira to show latest functional textiles at Techtextil14

Trevira, the specialist for functional fibres and yarns, will be exhibiting at the Techtextil 2019, in hall 4.2, stand D19. The leading expo for technical textiles and nonwovens will be held from May 14-17, 2019, in Frankfurt, Germany. Trevira will present its products for a wide range of applications in the area of technical and functional textiles.

Trevira will appear at Techtextil 2019 together with other exhibitors owned by parent company Indorama Ventures. Sustainability will play a key part in Trevira’s display and across the entire Indorama joint fair booth, which will reveal a number of new developments, the company said in a press release. Polymers Petrochemicals Recycling Textiles

Trevira functional textiles at Techtextil14

-Sympatex to close textile recycling loop in 5 years14

Before the start of 2019 Copenhagen Fashion Summit from May 15, and roughly two years after announcing the Sympatex Agenda 2020 in January 2017 and the corresponding commitment to closing the textile loop for functional materials as quickly as possible, Sympatex is now raising the bar to the highest level when it comes its sustainability goals.

Sympatex is now racing down the home stretch toward the finish line of a circular textile economy. The goal is to have within the next five years at least half of the raw materials necessary for its functional laminates originate from a circular textile supply chain and be fully recyclable again – and be 100 per cent circular by 2030.

Sympatex to close textile recycling loop

-Chemical recycling enables production of polyester film containing 70% post-consumer recyclate

Polyplex and TPL have presented a bioriented (Biaxially oriented) polyester films containing 70% post-consumer recyclate.

The development of these films was made possible thanks to investments in chemical recycling. This technology uses post-consumer PET bottles. The bottle flakes are depolymerized to monomers and in the further polymerization transformed to PCR PET resins suitable for extrusion into BOPET films. This operation can be repeated indefinitely and the BOPET produced with this technology are suitable for direct food contact in accordance to USFDA and European legislation.

A common misconception is that the incorporation of recycled content creates a lower grade product, but this doesn’t have to be the case.

BOPET

Polymers Petrochemicals recycling additives 14-05-2019

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-Tomra reports increased RVM collections Polymers Petrochemicals recycling additives

U.S. consumers redeem more than 2 billion used beverage containers through reverse vending machines in 2018.

Germany-based Tomra Sorting Recycling reports U.S. consumers redeemed more than 2 billion used beverage containers though its reverse vending machines (RVMs) in 2018. RVMs collect beverage containers for recycling and prevent them from entering oceans and landfills, the company says in a news release.

When a plastic bottle is returned to an RVM, the material is protected from contamination from other types of municipal solid waste (MSW). The bottle maintains its “food-grade status and can be turned back into another plastic bottle” in what Tomra calls “clean loop recycling.”

-RadiciGroup, a European leader in technical textiles

At Techtextil 2019, focus on products for high performance applications

New bicomponent production line extends the horizon of spundbond

RadiciGroup’s entire Synthetic Fibres & Nonwovens Business Area is at Techtextil 2019, the leading trade fair for technical textiles and nonwovens in Europe, taking place in Frankfurt an Main, Germany, from 14 to 17 May. On display in the RadiciGroup exhibition area (Hall 4.2–Stand C68) are the latest developments of the Group’s business area, from nylon and polyester yarns to new nonwovens manufactured using bicomponent technology.

“Our stand is showcasing our whole product portfolio,” said Marco De Silvestri, marketing director of RadiciGroup Comfort Fibres, a business area that is part of the larger Synthetic Fibres & Nonwovens Business Area. “We are presenting our entire range of products, from more conventional (polyamides, polyesters, etc.) to specialty products, such as those obtained from materials of biological origin (Biofeel and CornLeaf), enriched with additives or produced with bico-technology.

Polymers Petrochemicals recycling additives

-TOMRA welcomes Scotland’s “groundbreaking” deposit return scheme

The Scottish Government’s announcement last week that an ambitious and wide-ranging deposit return scheme (DRS) will be introduced has been hailed as “groundbreaking” by a reverse vending company, TOMRA Collection Solutions.

TOMRA have commended Scotland for taking the lead in the recycling revolution, as the first part of the UK to confirm implementation of such a scheme and provide details of the form it will take. Polymers Petrochemicals recycling additives

Tomra Ireland

-New rules place restrictions on global plastic scrap trade

The Basel Convention on the Control of Transboundary Movements of Hazardous Waste has been amended, requiring countries to obtain prior informed consent before exporting contaminated or mixed plastic scrap.

Governments at the 14th Conference of the Parties (COP14) of the Basel Convention have voted in support of restricting plastic scrap exports by requiring countries to obtain prior informed consent before exporting contaminated or mixed plastic scrap. According to the proposal from Norway, a summary of which is available here, the amendments to the Basel Convention on the Control of Transboundary Movements of Hazardous Waste are designed to “clean up the international trade in plastic waste,” helping to reduce leakage of plastics into the marine environment and communities.

Polymers Petrochemicals recycling additives

-How Trump’s trade war threatens China’s ambition to lead the world in technology

China’s intensified tariff war with the Trump administration is threatening Beijing’s ambition to transform itself into the dominant player in global technology.

The United States is a vital customer and source of technology for Chinese makers of electronics, medical equipment and other high-tech exports — industries that the ruling Communist Party sees as the heart of its economic future.

China U.S. War

-Sustainability a major topic at Techtextil and Texprocess

Sustainability at Techtextil and Sustainability at Texprocess are the two topics by which these leading international trade fairs for technical textiles and nonwovens, and for the processing of textile and flexible materials, will be explicitly turning their focus for the first time onto their exhibitors’ approaches to sustainability. To this will be added a broad complementary programme on this topic. Among those contributing will be major players in the industry, such as Kering, Lenzing and Zalando.Polymers Petrochemicals recycling additives

Fibres made of recycled polyester, bio-based high-tech textiles, water-conserving dyeing and finishing processes, functional and work clothing, using little or no solvents and adhesives: in the field of technical textiles, and when processing textile and flexible materials, more and more firms are adopting approaches to greater sustainability. Polymers Petrochemicals recycling additives

Techtextil

-Küçükçalık Textile Group Launches New Sustainable Yarn with High-Performance Benefits

Küçükçalık Textile Group’s yarn brand, KFS, announced today the production of its new sustainable yarn, KFS-Comfy K-200 Eco Made. The material maintains the high-performance benefits of the brand’s Comfy K-200 yarn – stretch, recovery, softness, and chlorine resistance – with the added benefit of enhanced sustainability.

The yarn is manufactured with KFS’s high-performing spinning technology using recycled polyester materials from discarded PET bottles and DuPont™ Sorona® polymer, which is comprised of 37 percent renewable plant-based ingredients. Comparable to spandex, the high-performance yarn has outstanding elasticity and stretch, but with improved recovery – even after repeated uses and washing. Fabrics made with KFS-Comfy K-200 yarns feature high performance benefits such as easy care, softness, vivid color, chlorine resistance, and good moisture management, keeping wearers cool and dry.

Küçükçalık Textile Plant

-Techtextil 2019 Exhibitor Preview: Trevira GmbH

Trevira GmbH, the specialist for functional fibres and yarns, will be exhibiting at the Techtextil in Frankfurt in May this year, presenting its products for a wide range of technologies and applications in the area of technical and functional textiles.

As at the last Techtextil fairs in 2015 and 2017, Trevira will appear at Techtextil 2019 together with other exhibitors owned by parent company Indorama Ventures. Sustainability will play a key part in Trevira’s display and across the entire Indorama joint fair booth, which will reveal a number of new developments.

Trevira GmbH has worked with its customers to develop a variety of new products based on biopolymers, currently a huge topic for sustainable textiles.

Trevira Plant

-U.S. shale output to hit new record of 8.49 million bpd in June: EIA

U.S. oil output from seven major shale formations is expected to rise by about 83,000 barrels per day (bpd) in June to a fresh peak of about 8.49 million bpd, the U.S. Energy Information Administration said in its monthly drilling productivity report on Monday.

One of the largest changes is forecast in the Permian Basin of Texas and New Mexico, where output is expected to climb by 56,000 bpd to a new record of about 4.17 million bpd in June. That would be the biggest increase since February.

U.S. shale

-ITMA 2019 Exhibitor Preview: International Technology Group ANDRITZ

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at ITMA 2019 in Barcelona, Spain, from June 20 to 26, 2019 (hall 5, booth B203). ANDRITZ supports its customers in every aspect of nonwovens and textile production technologies, processes and services with its most advanced expertise and complete technology solutions.

Sophisticated Needleloom Expertise

The presentation of a complete velours needleloom at ANDRITZ’s booth is one of the definitive highlights at this year’s ITMA in Barcelona. In combination with Augmented Reality (AR) content, the needleloom on show provides a detailed insight into the functionality of this key technology.

Andritz Plant

Polymers Petrochemical Polyamides Prices5

Polymers Petrochemical Polyamides Prices

Polymers Petrochemical Polyamides Prices

Polyestertime  Polymers Petrochemical Polyamides Prices

ITEM06/05/201913/05/2019+/-
Bottle grade PET chips domestic market8,100 yuan/ton7,775 yuan/ton-325
Bottle grade PET chips export market1,060 $/ton1,040 $/ton-20
Filament grade Semidull chips domestic market7,525 yuan/ton7,475 yuan/ton-50
Filament grade Bright chips domestic market7,625 yuan/ton7,575 yuan/ton-50
Pure Terephthalic Acid PTA domestic market6,610 yuan/ton6,655 yuan/ton+45
Pure Terephthalic Acid PTA export market840 $/ton840 $/ton
Monoethyleneglycol MEG domestic market4,495 yuan/ton4,390 yuan/ton+105
Monoethyleneglycol MEG export market573 $/ton557 $/ton-16
Paraxylene PX FOB  Taiwan market911 $/ton907 $/ton-4
Paraxylene PX FOB  Korea market892 $/ton888 $/ton-4
Paraxylene PX FOB EU market794 $/ton798 $/ton+4
Polyester filament POY 150D/48F domestic market8,400 yuan/ton8,250 yuan/ton
-150
Recycled Polyester filament POY  domestic market8,100 yuan/ton7,900 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market10,000 yuan/ton9,900 yuan/ton-100
Polyester filament FDY 68D24F domestic market 9,300 yuan/ton9,200 yuan/ton-100
Polyester filament FDY 150D/96F domestic market8,800 yuan/ton8,700 yuan/ton-100
Polyester staple fiber 1.4D 38mm domestic market8,590 yuan/ton8,480 yuan/ton-110
Caprolactam CPL domestic market14,300 yuan/ton13,650 yuan/ton
-650
Caprolactam CPL overseas  market1,720 $/ton1,670 $/ton-50
Nylon6 chips overseas  market2,090 $/ton2,000 $/ton-90
Nylon6 chips conventional spinning domestic  market14,800 yuan/ton14,300 yuan/ton-500
Nylon6 chips  high speed spinning domestic  market15,350 yuan/ton14,800 yuan/ton-550
Nylon 6.6 chips domestic  market28,500 yuan/ton28,200 yuan/ton-300
Nylon6 Filament POY 86D/24F domestic  market18,000 yuan/ton17,700 yuan/ton-300
Nylon6 Filament DTY 70D/24F domestic  market20,800 yuan/ton20,600 yuan/ton-200
Nylon6 Filament FDY  70D/24F  domestic  market19,000 yuan/ton18,400 yuan/ton-600
Spandex 20D  domestic  market39,000yuan/ton38,500 yuan/ton-500
Spandex 30D  domestic  market38,000 yuan/ton37,500  yuan/ton-500
Spandex 40D  domestic  market32,500  yuan/ton32,000  yuan/ton-500
Adipic Acid domestic market8,000 yuan/ton8,000 yuan/ton
Benzene domestic market4,415 yuan/ton4,500 yuan/ton+85
Benzene overseas  market619 $/ton627 $/ton +8
Ethylene South East market880 $/ton890 $/ton+10
Ethylene NWE  market1,132 $/ton1,128 $/ton-4
Acrylonitrile ACN  domestic market15,500 yuan/ton15,500 yuan/ton
Acrylonitrile ACN  overseas market1,850 $/ton1,850 $/ton
Acrylic staple fiber ASF  domestic market17,400 yuan/ton17,400 yuan/ton
Viscose Staple Fiber VSF  domestic market12,200 yuan/ton12,000 yuan/ton-200
PP Powder domestic market8,700 yuan/ton8,475 yuan/ton-225
Naphtha overseas market  567 $/ton568 $/ton+1
Phenol domestic market 7,813 yuan/ton7,813 yuan/ton
PS Taiwan 5250 GPPS1,310 $/ton1,285 $/ton-25
PS Taiwan 8250 HIPS1,374 $/ton1,365 $/ton-9
LDPE CFR Far East 1,062 $/ton1,062 $/ton
LLDPE CFR Far East1,0021,022 $/ton1,022 $/ton
LDPE   FOB Middle East1,01,047 $/ton1,047 $/ton
LLDPE FOB Middle East1,007 $/ton1,007 $/ton
HDPE CFR Far East1,052 $/ton1,052 $/ton
LDPE FD Northwest Europe 1,103 €/ton1,123 €/ton+20
LLDPE FD Northwest Europe 1,073 €/ton1,082 €/ton+9
Homopolymer PP CFR Far East1,118 $/ton1,118 $/ton
Homopolymer PP FD NWE1,201 €/ton1,221 €/ton+2

Lotte Chemical ethylene Louisiana

Lotte Chemical opens its ethylene plant in Louisiana  Lotte Chemical ethylene Louisiana

Lotte Chemical ethylene Louisiana

On a rainy day on May 9 (local time), a South Korean petrochemical company officially made its debut in the U.S. shale gas market by opening its plant in Lake Charles, Louisiana, the hub of the “revolution of shale gas,” which has helped the U.S. become the world’s largest oil producer.

Lotte Chemical invested 3.6 trillion won in the past three years to build its ethylene cracker (ECC) / ethylene glycol (EG) plant. By holding an opening ceremony for the facility, the company has embarked on a competition in the U.S. Lotte Chemical ethylene Louisiana

The facility, which is built on the site aslarge as 1.02 million m² (the size of 152 football fields), is the first large-scale petrochemical plant in the U.S. constructed by a South Korean company. The plant is drawing attention as it will use ethane unlike naphthacracker (NCC) plants, which use naphtha derived from crude oil. Ethane is a byproduct of U.S. shale gas, whose production cost has been steadily declining. The ethane will be supplied from Mont Belvieu, a large hub for shale gas in the Gulf of Mexico, through a 200-kilometer gas pipe and will be turned into ethylene by being used as the raw material for polyethylene terephthalate (PET) and textiles.

“Lotte Chemical has become the first South Korean petrochemical company to invest in and construct two world-scale petrochemical plants in the U.S.,” said Lotte Group Chairman Shin Dong-bin, who has been leading the project since the beginning of the shale gas boom in 2012.“ Lotte Chemical ethylene Louisiana

With our new plant in operation, the global production capacity of ethylene will increase from the current 3.5 million tons to 4.5 million tons a year, making our firm No.1 in South Korea and No.7 in the world.” Lotte Chemical’s plant will produce 1 million ton of ethylene and 700,000 tons of EG, raw materials for antifreeze and synthetic textiles, a year. The company plans to export about 60 percent of them to Europe and Asia. The new plant is viewed as a production base, which combines the “resources” of the U.S. and “technology” of South Korea.

“We’re planning to increase our sales in the chemical sector to about 50 trillion won in 10 years, taking a leap from No. 22 to No. 7 in the world,” said Kim Gyo-hyun, head of Chemical BU at Lotte Chemical.

Yong Park parky@donga.com

Polymers Petrochemicals Thermoplastics PET 13-05-2019

Polymers Petrochemical Polyamides Prices Polymers Petrochemicals Thermoplastics PET

Polymers Petrochemicals Thermoplastics PET

Crude Oil Prices Trend

Crude oil

-Iran Sees Oil Exports Falter, Trade Slump with Germany, US 

U.S. sanctions are biting harder into the Iranian economy, with new signs that Iran’s key oil exports are faltering, while its trade figures with Europe’s biggest economy and with the United States are shrinking.

U.S. news service Bloomberg said it has compiled tanker tracking data showing that no oil tankers had been seen leaving Iran’s oil terminals for foreign ports in the first nine days of May. Crude oil is Iran’s main revenue source.

Washington tightened its unilateral sanctions on Iranian oil exports May 2, ending waivers that it granted to several countries to keep importing crude from Iran and requiring them to reduce imports to zero. The U.S. sanctions are aimed at pressuring Iran to change its perceived malign behaviors.

Polymers Petrochemicals Thermoplastics PET

-Covestro And Lenzing Group Develop Environmentally-Compatible Polyurethane (PU) Synthetics For The Shoe Industry   

Covestro and the Austria-based Lenzing Group have developed environmentally-compatible polyurethane (PU) synthetics for the shoe industry. The expertise of both partners complements each other perfectly: Covestro brings its expertise as a raw material specialist for PU textile coatings, which are based on the water-based INSQIN® technology. Lenzing offers its unique expertise in the production of fibers, a wood-based material that is both renewable and natural.

The environmental compatibility of coated textiles depends on a whole series of factors. For example, the source of the raw materials, the use of organic solvents and the consumption of energy and water are important. Polymers Petrochemicals Thermoplastics PET

Covestro And Lenzing Group Develop Environmentally-Compatible Polyurethane (PU)

-Lotte Chemical opens its ethylene plant in Louisiana 

On a rainy day on May 9 (local time), a South Korean petrochemical company officially made its debut in the U.S. shale gas market by opening its plant in Lake Charles, Louisiana, the hub of the “revolution of shale gas,” which has helped the U.S. become the world’s largest oil producer.Lotte Chemical invested 3.6 trillion won in the past three years to build its ethylene cracker (ECC) / ethylene glycol (EG) plant.

By holding an opening ceremony for the facility, the company has embarked on a competition in the U.S. Polymers Petrochemicals Thermoplastics PET 

Polymers Petrochemicals Thermoplastics PET

-Libya’s $60 Billion Push To Double Oil Production

Mustafa Sanalla, chairman of Libya’s internationally recognized National Oil Corporation (NOC), held meetings with U.S. companies at the Offshore Technology Conference (OTC) in Houston this week, to discuss US$60 billion worth of procurement contracts necessary to more than double Libyan oil production by 2023.

Libya, which currently pumps around 1 million bpd in a fragile security situation, plans to have its crude oil production grow to 2.1 million bpd by 2023. Sanalla met this week with the top executives of several U.S. companies to “discuss the technology and expertise needed to achieve the corporation’s stated production target,” NOC says.

Polymers Petrochemicals Thermoplastics PET

-Plants invade car cabins

Leather and carbon fibre vehicle interiors are giving way to vegan materials

Carbon fibre used to be the ultimate symbol when it came to showing just how much money you could spend on your car’s interior.

An expansive dash, custom-carved door panels and Nappa leather seats demonstrated to anyone who cared to look that this was an expensive, sporty and unique vehicle.

But now it’s time for plants.

“Fifty years ago, a leather couch was the height of luxury,” says Massimo Frascella, Land Rover’s creative director, who is a vegan. “Now in the best hotels and homes you would never see that. It’s a similar process with cars. Going forward, sustainable design is providing the framework for change.” Polymers Petrochemicals Thermoplastics PET 

Polymers Petrochemicals Thermoplastics PET 

-Symphony Environmental Technologies notes European plastics probe dropped

Symphony Environmental Technologies, a global specialist in products and technologies that ‘make plastic smarter’ has announced that, further to its statement on 15 March 2019, the European Chemicals Agency (ECHA) has been instructed by the European Commission to close the oxo-degradable plastics restriction process which commenced in December 2017 because the Commission thought that those plastics created microplastics.

This still leaves the EU Single-use Plastics Directive in draft, but it is now clear that there is no scientific dossier published by ECHA to support any restriction on such plastics in Europe.

Polymers Petrochemicals Thermoplastics PET 

-Eclipse Magnetics launches new hopper magnet for plastics industries

Eclipse Magnetics has announced the launch of its latest product, the new high intensity hopper magnet designed and manufactured exclusively for the plastics processing industries.

Metal contamination can occur in almost all areas of any plastics processing plant, and can have a significant impact on the overall quality of the finished product.

Polymers Petrochemicals Thermoplastics PET 

-New study forecasts higher oil prices

Crude oil prices have stalled recently, but one projection has prices rising because of tighter supplies and increased oil supply risks.

The forecast comes from the Department of Energy’s Energy Information Administration (EIA), and it predicts that Brent crude oil will average $70 per barrel in 2019, which is higher than any previous forecast in 2019.

“The 2019 Brent crude oil price forecast in the May Short-Term Energy Outlook (STEO) is $9 per barrel higher than the January STEO forecast and more than $4 per barrel higher than the April STEO forecast,” the report stated. “The upward revision to the price forecast is a reflection of several factors, including higher-than-forecast actual prices in recent months, changes to the global supply and demand outlook resulting in tighter expected global oil market balances, and increased oil supply risks.”

Polymers Petrochemicals Thermoplastics PET 

-Consortium aims to bring world-first PET recycling technology to market

PEPSICO, Nestlé Waters, and Suntory Beverage and Food Europe have joined a consortium to help bring the world’s first enzymatic plastic recycling technology to market on an industrial scale.

Polyethylene terephthalate (PET) plastic is typically used to produce food and drink packaging, especially drinks bottles.

Green chemistry company Carbios designed and developed an innovative PET recycling technology based on enzymes that breaks down PET into its original building blocks, which can then be used to produce high-quality PET plastic equivalent to virgin PET. Polymers Petrochemicals Thermoplastics PET

PET recycling technology

-Breaking through barriers to boost recycling rates

Four unique perspectives on how to address challenges with sustainability goals and recycling education.

In the past year, many major brand owners announced commitments to incorporate a certain percentage of recycled content into their products by 2025. Coca-Cola, Walmart, Aldi and other businesses all pledged to increase the amount of recyclable, reusable or compostable packaging used in their products by 2025.

However, a challenge exists for these goals: plastic scrap recovery rates in the United States can’t currently meet all the demand coming online.

Plastic Recycling

-Oil gyrates below $62 as trade war counters straining supplies

Oil fluctuated near its lowest point since early April, as President Donald Trump’s latest trade-war escalation raised fears about the economy even as a shutdown of a key North Sea platform added to supply disruptions.

Futures in New York gyrated between gains and losses on Friday, holding just below $62/bbl.

Trump tweeted that he saw “no need to rush” to a deal in the dispute with China, hours after increasing tariffs.

In Norway, Equinor said its Oseberg Field Center has been shut since Wednesday afternoon, affecting fields with about 6% of the nation’s output.

USA China Trade War

-Escalating US-China trade war threatens H2 chem recovery – analyst

The recent escalation in the trade dispute between the US and China is raising doubts about a recovery that the chemical industry has expected to take place in the second half of this year, analysts at an investment bank said on Friday.

Throughout 2019, chemical companies have said they expected their markets to recover after a downturn in the fourth quarter, during which customers stopped buying material and relied on their existing inventories, in a phenomenon known as destocking.

Companies attributed the destocking to falling oil prices. Meanwhile, demand in China fell because of tightening financial conditions and a decline in confidence, caused in part by the trade dispute.

Since the fourth quarter, China has introduced several stimulus packages.

China - USA War

 -Plant Sugars Used as Raw Material for Plastics Chemical

Collaborators from the Great Lakes Bioenergy Research Center and the University of Wisconsin-Madison developed an efficient and economically-feasible manner of producing HMF or 5-hydroxymethylfurfural, a chemical derived from plants that could help solve in the transition from a fossil-based economy towards an environmentally-friendly bio-based economy. Their research has been published in the journal Energy and Environmental Science.

The researchers demonstrate that the method involves a compatible and simple process that can be integrated into the high fructose corn syrup industry.

Raw Material for Plastics Chemical

-Coca-Cola Amatil on track to meet energy sustainability targets

Increased use of solar energy will help Coca-Cola Amatil (CCA) meet its target of sourcing 60 per cent of its energy from low-carbon and renewables by 2020. According to CCA’s 2018 Sustainability Report, the Australian bottler currently sources 56.2 per cent of its energy from low-carbon or renewables – mainly wind, solar and natural gas.

“Bottling is energy-intensive, so our shift to low-carbon and renewables is a significant change,” said Alison Watkins, group managing director of CCA. “We’ve focused on natural gas, solar and wind, but we’re open to other technologies and will look at how these can be incorporated in our operations.”

Polymers Petrochemicals Thermoplastics PET

-Blow Molding: Interchangeable Mold Inserts For Flexible PET Bottle Molding

Change PET bottle size and shape easily with bottle mold inserts from PET engineering.

A single PET bottle mold can have a wide range of customization capabilities with a new interchangeable insert system from PET engineering in Italy, a new member of the Sidel Group.

PET engineering’s ITM (Insert Technology Molds) approach allows for interchanging the shoulder, lower body, middle body or combinations of these.

Besides changing the aesthetic design and label area, it is possible to alter the volume capacity of the bottle by 5% to 10% with the inserts.

PET engineering says the latter feature could prove important for future possible downsizing to 1.3-liter and 1.25 L formats.

Polymers Petrochemicals Thermoplastics PET

-State eyes PET bottles as an alternative to package milk

Dairy industry claims these make a better substitute for pouches and glass jars

Ina bid to curtail the pollution caused by packaging waste and to better align with the extended producer responsibilities (EPR) guidelines set by the environment ministry, the state dairy industry is considering polyethylene terephthalate (PET) bottles as an alternative to package milk.

The decision was taken during a meeting held between the key stakeholders in Pune last month.

Considering consumers’ inability to wash and store milk pouches and the high cost of collecting the same after use, PET bottles seems to be an ideal substitute — since they are reusable, resalable, easy to collect and the most recycled plastic globally, authorities have said.

Polymers Petrochemicals Thermoplastics PET

-Bonas to display advanced weaving machines at ITMA 2019

Bonas is set to display advanced weaving machines at ITMA 2019 expo, in hall 4, stand A206. The leading textile and garment technology expo will be held from June 20-26, 2019, Barcelona, Spain. At the exhibition, Bonas will reinforce its position as the leading supplier of shedding systems to both the flat weaving and carpet weaving industries worldwide.

A total of ten jacquards will be operating on the advanced weaving machines throughout the show, six of them in operation at the main Vandewiele stand. Over 128,000 micro-selector sensors will be actively powering these Bonas advanced jacquard systems at ITMA 2019.

Polymers Petrochemicals Thermoplastics PET

-Bullish Fundamentals Intact Despite Trade War Worries

U.S. West Texas Intermediate and international benchmark Brent crude oil futures are trading slightly lower for the week with most of the downside pressure being fueled by escalating tensions between the United States and China over the trade dispute. The price action is being driven by the headlines, which started the week bearish after President Trump promised new tariffs on Chinese imports on Friday.

Crude oil prices traded sideways-to-lower throughout the week as investors shed risky assets while moving money into the safe-haven Japanese Yen and U.S. Treasurys. Demand for risk returned on Thursday after Trump said there was still the possibility of a trade deal being reached, but the “risk-on” scenario disappeared and crude oil prices retreated on Friday after Trump said there’s “absolutely no need to rush” on a trade agreement with China and tariffs will make the United States “much stronger.”

Polymers Petrochemicals Thermoplastics PET

-Tariffs jacked up to 25%

Trump still threatening to impose tariffs on all imports from China

ocean carrierWashington – This morning, President Donald Trump tweeted out the news importers had been dreading: 10% tariffs on $200 billion in Chinese goods jump to 25% today.

In the home textiles realm, this deals a blow to several rug importers – but they may soon have company from the rest of the home textiles industry. The New York Times reported President Trump is still considering imposing tariffs on all imports from China.

Polymers Petrochemicals Thermoplastics PET

-The Winner From Trump’s Iran Sanctions? Saudi Arabia

The Saudis are cashing in on the shortage created by the U.S. president’s economic war on Iranian oil.

The Arab kingdom is poised to raise its own output to meet all requests for oil purchases it has received for June, notably from countries that have had to stop buying Iranian crude. Other Persian Gulf Arab countries with spare production capacity — Iraq, Kuwait and the U.A.E. — will almost certainly follow suit.

Saudi Arabia has plenty of room to boost its output without breaching the production targets it agreed for the first half of 2019 as part of the OPEC+ deal to manage oil supplies. That arrangement gave the kingdom a target of 10.3 million barrels a day. Output in April was more than 500,000 barrels a day below that level.

Polymers Petrochemicals Thermoplastics PET

Polymers Petrochemicals Thermoplastics rPET 11-05-2019

-Kenyan recyclers to provide baling innovation to boost proper waste management Polymers Petrochemicals Thermoplastics rPET 

Kenya PET Recycling Company Limited (PETCO Kenya), which is the parent organization of the recyclers of PET bottles and containers, has contracted local firms to produce balers to ease collection, packaging and transport of waste PET bottles.

Joyce Gachugi, PETCO’s country program manager, said the baling innovation will seek to boost efforts towards proper waste management by increasing capacity for PET collectors across the country. Polymers Petrochemicals Thermoplastics rPET 

Polymers Petrochemicals Thermoplastics rPET 

-AboitizPower bans PET bottles

Hedcor, a pioneering company in the renewable energy industry, continues to raise the bar on the sustainable production of electricity by adopting the “Break Up with Single-use Plastics” initiative.

AboitizPower’s hydro business unit, Hedcor, distributed tumblers to employees in line with its campaign to reduce and eventually eliminate the use of polyethylene terephthalate plastics within company premises. CONTRIBUTED PHOTO

Wilfredo Rodolfo 3rd of Aboitiz Power Corp.’s branding and communication said Hedcor was the first AboitizPower business unit to launch a campaign that prohibits the use of polyethylene terephthalate (PET) bottles.

“PET bottles are prohibited across all our offices and facilities nationwide, as well as during company activities. Instead, employees were given free tumblers to encourage them to support the said campaign,” he said.

Polymers Petrochemicals Thermoplastics rPET 

-Forbo to display Siegling Transilon belts at ITMA 2019

Forbo is set to display Siegling Transilon belts for nonwovens at ITMA 2019 expo. The leading textile and garment technology expo will be held from June 20-26, 2019, in Barcelona, Spain. Forbo, headquartered in Germany, is a leading producer of floor coverings, building and construction adhesives, as well as power transmission and conveyor belt solutions.Polymers Petrochemicals Thermoplastics rPET 

The technical requirements placed on web-laying belts are rising steadily in the face of ever faster machine speeds and the use of finer and more demanding synthetic nonwoven fibres and reduced web weights. A new belt type, E 4/2 U0/P2 MT-HC grey/black, has been developed especially for nonwovens, the main application being cross-lappers. Among the belt’s impressive attributes is its very low weight (0.8 kg/m 2), allowing high processing speeds on high-speed systems for cross-lappers.

Polymers Petrochemicals Thermoplastics rPET 

-Superba to show space dyeing machine for carpets at ITMA

Superba, a Vandewiele company, will display the new version of MCD/3 space dyeing machine for carpets at ITMA 2019, in Barcelona, from June 20-26, 2019, with other new developments in heat-setting, texturising, and winding technologies. Superba will be at stand D206, hall 6, and the Vandewiele Group’s main stand will be in hall 4, stand A206, at the expo.Polymers Petrochemicals Thermoplastics rPET 

The latest MCD/3 space dyeing machine is capable of handling a layer of 72 ends with an unequalled range of spot length – especially for the ultra-short spots of below 25mm, thus enabling one-pile/one-color process on the carpet, according to Superba.

Polymers Petrochemicals Thermoplastics rPET 

-DyStar unveils latest sustainable innovations at ITMA 2019

DyStar, a leading dyestuff and chemical manufacturer and solution provider, will present its latest product innovations at this year’s ITMA from 20-26 June 2019 in Barcelona, to help its visitors source for a sustainable future.

Amongst DyStar’s diverse portfolio of eco-friendly products, its existing Cadira modules have expanded its application to encompass a majority of materials, helping the entire textiles value chain save on water, energy, waste, greenhouse gas emissions and process time, the company reports.Polymers Petrochemicals Thermoplastics rPET 

Polymers Petrochemicals Thermoplastics rPET 

-Study finds Ethiopian textile workers are the world’s worst paid

Days after a damning report on low paid labourers,  the Swedish fashion giant H&M says it’s committed to ensuring that workers who produce some of its items from Ethiopian factories receive fair wages.

The released report titled -“Made in Ethiopia: Challenges in the Garment Industry’s New Frontier- revealed that Ethiopian labourers at garment workshops are the worst-paid in the world.Polymers Petrochemicals Thermoplastics rPET 

The report stated some of the world’s biggest fashion brands including H&M, Tommy Hilfiger, Calvin Klein, and others, source items from Ethiopia.

Polymers Petrochemicals Thermoplastics rPET 

-Oil Slide Slows As President Trump Suggests New Hope For China Trade Deal

Oil prices picked up later in afternoon trading on Thursday after US President Donald Trump suggested that the United States may not raise tariffs on Chinese goods after all, according to Reuters.

Trump announced on Thursday that he received a “beautiful” letter from China’s president that suggested that China and the United States “work together” to reach a deal over trade between the two nations.

The trade war that has continued to linger in uncertainty looked over the weekend like it would result in an increase in tariffs yet this week, pushing oil prices down as higher tariffs would likely eat away at Chinese demand for crude oil.

Polymers Petrochemicals Thermoplastics rPET 

-Veolia Indonesia Builds the Largest Bottle to Bottle Recycling Factory in the Country

Jakarta. France-based waste management company, Veolia Services Indonesia, is building the largest PET, or polyethylene terephthalate, bottle to bottle recycling and reprocessing factory located in Pasuruan district, East Java.

Last month the company held a “groundbreaking ceremony” for the factory attended by Representatives of Indonesia Investment Board, Representatives of Coordinating Ministry of Maritime Affairs, Ministry of Environment and Forestry, Ministry of Industry, Ministry of Marine and Fisheries, Pasuruan District officials, representative from industry associations, president director of Veolia Indonesia and president director of Tirta Investama (Danone-AQUA).

Polymers Petrochemicals Thermoplastics rPET 

-APR details five areas of focus for PET bottle designs

Association notes recycling-related drawbacks associated with certain packaging elements.

The Association of Plastic Recyclers (APR), Washington, has confirmed its Five for Focus area that highlights and addresses key components of polyethylene terephthalate (PET) container design that can affect recycling. Each of the design areas the APR has identified has the potential to negatively affect the quality and value of recycled PET or cause bottles to be pulled or misdirected from the PET recycling stream, the association says.

Polymers Petrochemicals Thermoplastics rPET 

-Huntsman to display textile chemicals & dyes at Techtextil

Huntsman is set to display its comprehensive range of dyes, inks, and durable water repellents at Techtextil 2019 expo, in hall 3, stand D48. The leading international trade fair for technical textiles and nonwovens will be held from May 14-17, 2019, in Frankfurt, Germany. Huntsman is a developer of chemical products for consumers and industrial customers.

Following the expansion of the long-term alliance between Huntsman and Chemours, an extended range of offerings around Phobotex and Zelan for sustainable, high performance and non-fluorinated durable water repellent finishes will be displayed at Techtextil, the company said in a media statement.

Polymers Petrochemicals Thermoplastics rPET 

-Nilit to showcase technical nylon 6.6 fibres at Techtextil

Nilit, a worldwide leader in premium nylon 6.6, will present its portfolio of Nilit fibres for technical applications at the upcoming Techtextil show in Frankfurt, Germany from May 14-17. Nilit technical fibres offer a range of proven performance attributes to enhance industrial and tactical fabrics, medical textiles, automotive upholstery, and outdoor fabrics.

Nilit technical premium nylon 6.6 fibres combine tenacity, abrasion resistance, and a variety of other benefits for uncompromising functionality in the demanding applications where it is needed most, said Nilit in a press release.

Polymers Petrochemicals Thermoplastics rPET 

-Aquafil S.p.A. Ratios & Valuation in Focus

Aquafil S.p.A. boasts a Price to Book ratio of 3.289297. This ratio is calculated by dividing the current share price by the book value per share.

Investors may use Price to Book to display how the market portrays the value of a stock.

Checking in on some other ratios, the company has a Price to Cash Flow ratio of 13.366691, and a current Price to Earnings ratio of 15.716976.

The P/E ratio is one of the most common ratios used for figuring out whether a company is overvalued or undervalued.

Investors may be diving into the latest company earnings reports trying to scope out some quality stocks to add to the portfolio.

Nobody knows for sure which way overall market momentum will sway as we near the close of the calendar year.

Investors may be getting ready to do a portfolio review to see which stocks are worthy to hold, and which ones have underperformed a may need to be unloaded.

Regularly monitoring stock investments may keep the investor ready for any big market changes that may occur.

Polymers Petrochemicals Thermoplastics rPET 

Polymers Petrochemicals Smart Fabric 10-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are weak.
  • Crude oil is steady

    • Polyamide 6 and its chain lose still ground.

    PET Bottle grade export 1,000/1,045 $/ton PET Bottle grade domestic market 7,800/7,900 yuan/ton PET Filament grade SD domestic market 7,450/7,550 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

  • PTA Taiwan 835/845 $/ton PTA domestic market 6,600/6,700 yuan/tonMEG  565/575 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 880/890 $/ton
  • Polyester POY 150D/48F  domestic market 8,200/8,300  yuan/tonPolyester DTY 150D/48F  domestic market 9,900/10,000  yuan/tonPolyester Staple PSF domestic market 8,450/8,550  yuan/ton

Polymers Petrochemicals Smart Fabric

Crude Oil Prices TrenPolymers Petrochemicals Smart Fabric

Polymers Petrochemicals Smart Fabric

-Europe PET bearish but Q2 dynamics may change if weather warms and imports wane 

Polyethylene terephthalate (PET) in Europe, as in other regions, remains cautiously bearish despite the normally buoyant time of year. However, if the popularity of imports wanes, domestic producers may find renewed interest in their product.

– Production costs could decrease

– Inventories high; pre-bought volumes may last the season

– Appetite for Asian PET may wane

Summer PET: warmer weather would prop up the market. Picture source: Photoalto/REX/Shutterstock

Much depends on what happens with feedstock prices, which are broadly expected to decrease in May.

This information will help buyers determine if it is preferable to purchase contract over spot, while sellers want to recover from production costs estimates that went against them in April.

Polymers Petrochemicals Smart Fabric

-Asia petchem markets brace for escalation of US-China trade war

Petrochemical trades in Asia turned largely cautious this week, after the US issued a threat to hike tariffs on $200bn worth of Chinese goods to 25% on 10 May, including chemicals and plastics, with China vowing to respond with countermeasures.

Regional prices of some petrochemicals were stable to softer as buyers retreated to the sidelines.

There is a general concern that demand from China – a key petrochemical importer in Asia –  will weaken further as a direct result of the escalation of the trade war between the two economic giants.

In the acrylonitrile butadiene styrene (ABS) market, spot prices have fallen below $1,500/tonne CFR (cost & freight) China for some brands, while others traded in the mid-$1,500/tonne CFR China levels.

Polymers Petrochemicals Smart Fabric

-Lenzing and CoolVisions partner on performance collection

CoolVisions dyeable polypropylene filament and Tencel branded fibres are teaming up in a disruptive fabric collection of knits and wovens for the lifestyle and performance apparel markets.

“Sometimes opposites attract and bring out the best in one another,” commented Susan Lynn, Global Sales and Marketing Manager for CoolVisions.

“The cool, silky hand and inherent performance attributes of CoolVisions dyeable polypropylene filament are proving the perfect complement to Tencel fibres. It’s a collaboration that raises the bar for today’s textiles.”

-Evonik Reorganizes Polyamide Business

Evonik is reorganizing its business for high-performance polymers within the polyamide group.

The specialty chemicals company has already begun construction of a new polyamide 12 (PA 12) facility complex and is expanding its production of transparent polyamides at the Marl Chemical Park, and, in so doing, is concentrating its activities on high-performance materials for attractive growth markets such as the automotive, oil and gas, 3D printing, and optics industries.

As part of the reorganization process, Evonik will withdraw entirely from the polyphthalamide (PPA) business at the Witten site.

-China threatens countermeasures if US raises tariffs

China will adopt countermeasures if the US carries out with its threat to raise tariffs on imports from that country.

“The escalation of trade friction is not in the interests of the people of the two countries and the people of the world,” China’s Ministry of Commerce said. “The Chinese side deeply regrets that if the US tariff measures are implemented, China will have to take necessary countermeasures.”

Earlier this week, US President Donald Trump said the US would raise tariffs on $200bn worth of Chinese imports to 25% from 10% if trade talks between the two countries do not show signs of making progress. The higher tariffs would kick in on Friday.Polymers Petrochemicals Smart Fabric

Polymers Petrochemicals Smart Fabric

-India C6 MLLDPE import market stable on improved supply availability

The Asian market for non-dutiable C6 metallocene linear low density polyethylene (MLLDPE) has entered a stage of stability, now that it reaches a balance on supply and demand following recent production hiccups.

The supply situation for May cargoes has since improved and more supply is on the horizon when a local Indian producer will be back on track to supply C6 MLLDPE.

One southeast Asian producer, which is a major supplier of non-dutiable C6 MLLDPE to India, kept offers stable this week following some production issues in April.

Polymers Petrochemicals Smart Fabric

-The rise of plant-based plastic packaging

If sustainable plastic sounds like an oxymoron to you, you wouldn’t be the only one. But with the sleeping giant of public opinion beginning to awaken to the unsustainability of plastic around the world — roughly 40 percent of which is found in packaging — some innovators are starting to look for ways to avoid using the material.

Still, it’s hard to imagine anything as useful as plastic packaging. It’s cheap, incredibly versatile, can be produced in virtually any shape imaginable, safely protects food and in many cases can be substituted for other, costlier and heavier materials such as metal, glass or wood.Polymers Petrochemicals Smart Fabric

Polymers Petrochemicals Smart Fabric

-ITMA 2019 Exhibitor Preview: Oerlikon Celebrates Four World Premieres At ITMA

Oerlikon invites all visitors to this year’s ITMA in Barcelona on a journey into the future of manmade fiber production.

From 20 to 26 June 2019, the world market leader will show all its guests its vision of a sustainable and automated manmade fiber production in a virtual 4D showroom at its 1,000 m² stand in Hall 7, A101: “Clean Technology. Smart Factory.” is the motto of the future.

And this is only a stone’s throw away from reality at the stand.

Because today Oerlikon is presenting four world premieres for efficient machine and plant concepts in a new, innovative industrial design.

Together with numerous other innovations, all this forms the new DNA of the Oerlikon Manmade Fibers segment.

Polymers Petrochemicals Smart Fabric

-HDPE prices drop in Asia

HDPE prices declined this week in Asia. A sharp week on week drop in crude prices, a decline in prices of naphtha weighed down on Asian HDPE rates. A drop in regional buying interest also contributed toward the price fall.

In Far East Asia, HDPE film prices were assessed lower at the USD 1070/mt levels, a fall of USD 5/mt from the previous week.

HDPE blow moulding prices were assessed down at the USD 1055/mt levels, a week on week drop of USD 10/mt.

HDPE injection prices were at the USD 1010/mt levels, while HDPE yarn prices were assessed at the USD 1070/mt levels, both down USD 5/mt from the last week.

Polymers Petrochemicals Smart Fabric

-Six Times More Plastic Waste is Burned in U.S. than is Recycled 

An engineer explains why recycling is busted in America.

After writing How the plastics industry is hijacking the circular economy, engineer Jan Dell, founder of The Last Beach Cleanup and the Vice Chair of the US Federal Advisory Committee on the Sustained National Climate Assessment in 2016-2017, contacted TreeHugger to tell us that it was worse than we think. Now that we have seen that countries actually can put deposits on everything and try and get recycling up to 90 percent, Dell writes about what the problem is in the USA and how we can fix it.

Six Times More Plastic Waste is Burned in U.S. than is Recycled

As the equivalent of 65 trash trucks per day of plastic waste are dumped into the ocean in the United States (U.S.) via our land, rivers and coasts, companies that make and sell plastic and single use disposable plastic products continue to tell us that recycling is the primary solution to plastic pollution.Polymers Petrochemicals Smart Fabric

Polymers Petrochemicals Smart Fabric

 

Polymers Petrochemicals Smart Plastics 09-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are assessed mixed,but polyester yarn is weak.
  • Crude oil is steady.
    .

    • Polyamide 6 and its chain continue to lose ground.

    PET Bottle grade export 1,010/1,050 $/ton PET Bottle grade domestic market 7,850/7,950 yuan/ton PET Filament grade SD domestic market 7,500/7,600 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton

  • PTA Taiwan 835/845 $/ton PTA domestic market 6,600/6,700 yuan/tonMEG  565/575 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 880/890 $/ton
  • Polyester POY 150D/48F  domestic market 8,350/8,450  yuan/tonPolyester DTY 150D/48F  domestic market 19,950/10,050  yuan/tonPolyester Staple PSF domestic market 8,450/8,550  yuan/ton

Polymers Petrochemicals Smart Plastics

-RadiciGroup – Competitiveness and industrial efficiency: priorities of High Performance Polymers in Europe.

RadiciGroup High Performance Polymers has announced the reallocation of the industrial activities of Radici Plastics B.V. to its other European plants, as part of the business area’s efficiency improvement plan in Europe.

The objective is to further improve competitiveness in the market, also in the face of the continued slowdown in Europe, particularly in the automotive sector. This organizational change aims to optimize the services and results of the business area, not only to ensure swift response times to market challenges, but also to maintain the characteristic flexibility of RadiciGroup, whose key strength is vertically integrated polyamide production.

The company and union representatives have already begun to discuss measures to protect the workers’ occupational interests through personalized solutions for each individual involved.

Related Topics : RadiciGroup closes plant in the Netherlands

The production of polyamide 6, 66 and copolymer based compounds will be reallocated among the other European factories of the group. (Italian Language Only)

Radiciplastics

-Trump Threatens More China Tariffs, and Beijing Prepares to Retaliate

President Trump toughened his stance toward China on Wednesday, threatening to prolong his trade war with Beijing, which immediately signaled that it was prepared to fight back.

Mr. Trump, in a pair of tweets on Wednesday morning, said he would be happy to keep tariffs on Chinese exports rather than make a bad deal, setting the stage for a contentious round of talks between the United States and China that is set to begin on Thursday.

Mr. Trump’s comments provoked a swift response from the Chinese Commerce Ministry, which suggested that it was once again ready to retaliate against American companies and their products with its own countermeasures.

China U.S. Trade War

Crude Oil Prices Trend

-Prices of PE, PP, PS Up; Flat-to-Down for PVC, PET  Polymers Petrochemicals Smart Plastics   

Potential for short-lived upward pricing trajectory possible for the polyolefins, PS.

‘Mayday’ proved interesting in commodity resin pricing with prices increases underway for PE, PP, and PS, and at least slightly downward for PVC and PET.

While higher global crude oil prices were a variable for successful or attempted price initiatives, domestic market fundamentals included ample resin supplies, relatively sluggish demand, and in most cases, lower feedstock costs.

Polymers Petrochemicals Smart Plastics

-Environmental protection: Which beverage packaging is ecologically? View

Is drunk the orange juice, it remains nothing more than an annoying packaging, the power in our trash can and our ecological Conscience strained.

Or, if it is a glass bottle, reminding us that the glass is full, and the response to the collection is no longer longer postpone.

What is often forgotten: the packaging is not only an ecological Problem, they also do a lot of Good for the environment.Polymers Petrochemicals Smart Plastics   

So it is, from an ecological point of view, crucial that the packaging protect the contents as well as possible, and this arrives without any losses to the consumer.

For the preparation of a beverage has a much greater influence on the LCA of the product than the manufacture and disposal of the packaging.

Only the mineral water, it behaves differently: Here, the packaging pollutes the environment more than the content.

 Smart Plastics

-Büfa and Cordenka team up

Chemicals company Büfa, based in Oldenburg, Germany, has recently formed a spin-off company, Büfa Thermoplastic Composites, for the distribution of renewable raw materials and semi-finished products for long and continuous fibre-reinforced thermoplastic composites.

Now the company is partnering with Cordenka, the leading manufacturer of technical multifilament yarns made of regenerated cellulose for high-performance tyres and engineering rubber products.

Büfa Thermoplastic Composites sees further potential in Cordenka in thermoplastics, both within the automotive sector and beyond, particularly in products requiring high impact resistance.

-Consortium to support world’s first enzymatic technology for plastics recycling

Carbios and L’Oréal have announced a major partnership with Nestlé Waters, PepsiCo and Suntory Beverage & Food Europe. The consortium was originally founded by Carbios and L’Oréal to bring recycling technology developed by Carbios to the market on an industrial scale.

Under the terms of the four-year agreement, the Consortium partners’ ambition is to bring Carbios’ PET-enhanced recycling technology to the market and increase the availability of high-quality recycled plastics to fulfill their sustainability commitments. The collaboration includes technical milestones and support for the efficient supply of consumer-grade, 100 per cent recycled PET plastics for global markets.

-Demand from India buoys PE film scrap prices in Germany

While the prices of most regrind and recyclate grades in Germany stalled in April 2019 at the previous month’s level, the quotes for commercial and industrial polyethylene film scrap ticked higher once again.

The upward momentum for scrap film correlates with the rather tight arisings.

For regrind and recyclate, the Easter holidays also put a noticeable damper on deliveries, due in part to logistical problems.Polymers Petrochemicals Smart Plastics

-Saudi Aramco offers to increase oil supply to India

The world’s largest oil company Aramco will provide additional crude oil to domestic oil refiners to meet shortages arising from the US decision to lift Iran sanction waivers from major oil importing countries, including India.

Sources in state-run oil companies said that the Saudi Arabian oil giant has offered to increase crude oil supplies to India by 200,000 barrels a day (bpd) that would meet almost half of the country’s oil imports that was coming from Iran.

-Sustainable plastic packaging to be discussed at MeetingPack 2019

On 29 and 30 May, MeetingPack 2019, held in Valencia, Spain, will present cutting-edge solutions in sustainable plastic packaging for food and beverages.

The event will be divided into five sessions focused on ‘Sustainability trends in barrier packaging: towards Objective H2030’ and will include a session on the key aspects and business success stories in sustainable plastic packaging.

Ainia will discuss and analyse the challenges of food packaging in accordance with circular economy principles, and incorporating the advances in functionality, food safety and comfort demanded by consumers, manufacturers and distributors.

Moreover, bioplastics company Novamont will discussinnovative materials to produce sustainable packaging.Polymers Petrochemicals Smart Plastics

-BASF at Techtextil 2019

BASF will showcase its range of products at Techtextil 2019 from May 14–17, 2019 in Frankfurt.

One product will include Elastollan, the company’s thermoplastic polyurethane at suitable for production of a wide range of materials for the textile industry, due to its high elasticity and excellent mechanical strength.

The new opaque film type Elastollan SP 818 combines high water vapour permeability with good adhesion and processing properties, especially for blown film extrusion.

-PDK offers circular solution to plastic waste

Researchers have created PDK, a recyclable plastic that can be repeatedly reprocessed into a different shape, texture, and colour without loss of performance or quality.

Key to the breakthrough by a team from the US Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) is the ability to break the plastic down into its constituent parts at the molecular level.

The new material – poly(diketoenamine), or PDK –  has been reported in Nature Chemistry.

“Most plastics were never made to be recycled,” said lead author Peter Christensen, a postdoctoral researcher at Berkeley Lab’s Molecular Foundry. “But we have discovered a new way to assemble plastics that takes recycling into consideration from a molecular perspective.”

-Mondi Invests €30 Million in Corrugated Packaging Plant

The investment will increase the plant’s production capacity per year by a double-digit percentage.

Mondi Corrugated Packaging has unveiled further investment plans boosting its unique Heavy Duty corrugated portfolio – a product range serving key industries in the German economy with sustainable packaging and logistic solutions.

Mondi’s innovative corrugated packaging replaces formerly used transport containers made of solid wood or metal and offers remarkable benefits to further reduce environmental footprint.

ExxonMobil petrochemical complex Baytown 

ExxonMobil invests USD2 billion in the expansion of the petrochemical complex in Baytown ExxonMobil petrochemical complex Baytown 

ExxonMobil petrochemical complex Baytown 

MOSCOW – ExxonMobil intends to invest USD2 billion in the expansion of the petrochemical complex in Baitoun in the US state of Texas, Prime reports with reference to the company.

Exxon plans to build a new division of a polymer production plant with a capacity of 400 thousand tons per year by 2022.

As the head of the company, Darren Woods, said, the expansion of the project will allow Exxon to maximize profits from the growth of hydrocarbon production in the Permian basin in the United States, as well as to meet the growing demand for petrochemical products.

The ExxonMobil plant in Baytown is the largest integrated petrochemical complex in the United States and one of the most technologically advanced in the world.

Earlier it was reported that ExxonMobil was leaked on April 8 at the refinery in Baytown (Baytown, Texas, USA).  The leak occurred at the atmospheric tower refinery capacity of 584 barrels per day.

Exxon Mobil Corporation is the largest American private oil company, one of the largest corporations by market capitalization in the world.  The company produces oil in various regions of the world, including the USA, Canada, the Middle East, Azerbaijan, and others.

mrcplast.ru

Author:   Anna Larionova

MCC Polymer Products Uzbekistan 

MCC Polymer Products Uzbekistan 

MCC worth USD5.27 billion to be built in Uzbekistan MCC Polymer Products Uzbekistan 

MCC Polymer Products Uzbekistan 

MOSCOW  – The gas chemical complex with a total value of USD5.27 billion will be implemented in the Baysun district of Uzbekistan, Uzdaily reports.

An agreement providing for the exploration and development of the Mustakilliqning 25 gas field in the Baysun district with the further construction of a gas chemical complex was signed in April 2017 with Russian investors during the state visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Russia.

The project is scheduled to be implemented in two stages: at the first stage – in 2018–2022 – it is planned to build a processing plant with an annual capacity of 5 billion cubic meters per year;  At the second stage, calculated for 2023–2025, it is planned to build a gas chemical complex capable of producing 500 thousand tons of polymer products per year by processing 1.5 billion cubic meters of gas.

After the project implementation, 2.2 thousand jobs will be created.

At present, 3D seismic exploration continues at the gas field, Eriell is drilling 7 appraisal wells.  At the facility, in particular, specialists from foreign companies Baker Hughes, Halliburton and Schlumberger work.MCC Polymer Products Uzbekistan 

The project being implemented in Baysun will allow the complex development of the southern regions of the country.

The technological cluster envisages the construction of a gas chemical complex with a processing volume of 1.3-1.5 billion cubic meters of gas based on MTO technology (methanol to olefins) and producing 200-250 thousand tons of polypropylene (PP), 100 thousand tons of ethylene-propylene rubber, 100 thousand tons of polyethylene terephthalate (PET) and ethylene vinyl acetate (EVA), 100-150 thousand tons of ethylene glycol and polyethylene (PE).

Earlier it was reported that in October 2015, Uzbekneftegaz, together with a consortium of Korean companies led by Kogas, built the Ustyurt gas-chemical complex (MCC) on the basis of the Surgil field in northwest Uzbekistan.  The design capacity of the gas chemical complex will allow processing 4 billion cubic meters of natural gas per year with the production of 400 thousand tons of polyethylene and 100 thousand tons of polypropylene.  The total cost of the project is USD4.2 billion.

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemicals Plastic Renewability 08-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are steady.
  • Crude oil continues to be weak on  U.S./China trade war.
    .

    • Polyamide 6 and its chain lose ground.

    PET Bottle grade export 1,020/1,060 $/ton PET Bottle grade domestic market 7,900/8,000 yuan/ton PET Filament grade SD domestic market 7,500/7,600 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton

  • PTA Taiwan 835/845 $/ton PTA domestic market 6,600/6,700 yuan/tonMEG  565/575 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 880/890 $/ton
  • Polyester POY 150D/48F  domestic market 8,350/8,450  yuan/tonPolyester DTY 150D/48F  domestic market 19,950/10,050  yuan/tonPolyester Staple PSF domestic market 8,550/8,650  yuan/ton

Directa Plus and clothing group Alfredo Grassi have extended their exclusive relationship to develop graphene-enhanced clothing for up to a further three years. The two companies will focus on the use of graphene to enhance military outerwear as well as work-wear for organizations like the Italian police and fire services.

Directa Plus and Grassi have already been working together for three years and reportedly produced more than 80,000 meters of fabric enhanced with graphene.

-ExxonMobil invests USD2 billion in the expansion of the petrochemical complex in Baytown 

ExxonMobil intends to invest USD2 billion in the expansion of the petrochemical complex in Baitoun in the US state of Texas, Prime reports with reference to the company.

Exxon plans to build a new division of a polymer production plant with a capacity of 400 thousand tons per year by 2022.

As the head of the company, Darren Woods, said, the expansion of the project will allow Exxon to maximize profits from the growth of hydrocarbon production in the Permian basin in the United States, as well as to meet the growing demand for petrochemical products.

-MCC worth USD5.27 billion to be built in Uzbekistan 

The gas chemical complex with a total value of USD5.27 billion will be implemented in the Baysun district of Uzbekistan, Uzdaily reports.

An agreement providing for the exploration and development of the Mustakilliqning 25 gas field in the Baysun district with the further construction of a gas chemical complex was signed in April 2017 with Russian investors during the state visit of the President of the Republic of Uzbekistan Shavkat Mirziyoyev to Russia.

The project is scheduled to be implemented in two stages: at the first stage – in 2018–2022 – it is planned to build a processing plant with an annual capacity of 5 billion cubic meters per year;  At the second stage, calculated for 2023–2025, it is planned to build a gas chemical complex capable of producing 500 thousand tons of polymer products per year by processing 1.5 billion cubic meters of gas.

Crude Oil Prices Trend

-Fulgar’s green products on show at eco-exhibition Polymers Petrochemicals Plastic Renewability 

On 12 April 2019 in Florence, the Salvatore Ferragamo Museum has inaugurated a real narrative journey displaying the pioneering creations of its founder Salvatore Ferragamo, in the research on natural, recycled and innovative materials, as well as on the most recent experimentations in the field of sustainability.

Designed by Stefania Ricci, Director of Museo Salvatore Ferragamo and Fondazione Ferragamo, with Giusy Bettoni C.L.A.S.S. CEO and founder, Arabella S. Natalini, Sara Sozzani Maino and Marina Spadafora, the Sustainable Thinking exhibition shares an artistic-cultural perspective on the vital issue of sustainability.

The exhibition will take place until 8 March 2020.

The exhibition features eco-sustainable products by Fulgar, representing Made in Italy quality and well-established expertise in the production of man-made fibres. The company has a long-standing commitment to sustainability in both corporate and production terms with a green strategy and an entire portfolio of eco-products.

Polymers Petrochemicals Plastic Renewability

Clerici Tessuto presents a fabric containing 87% Evo bio-based Fulgar yarn. © Fulgar

-Axion Polymers welcomes proposed 500ppm decaBDE limit for recycled plastics

A 500ppm limit of flame retardant decaBDEs within recycled compounds and articles that looks set to be agreed by the EU Commission soon has been welcomed by Axion Polymers as ‘leaving the door open’ for plastic recycling and the use of recyclate in new products.

A 500ppm limit of flame retardant decaBDEs within recycled compounds and articles that looks set to be agreed by the EU Commission soon has been welcomed by Axion Polymers as ‘leaving the door open’ for plastic recycling and the use of recyclate in new products.

The Manchester-based plastics recycler describes the 500ppm level in recycled plastics as a ‘workable’ solution, although it would be tougher to achieve than the proposed 1,000ppm in line with most REACH and RoHS regulations. Virgin polymers have a 10ppm limit.Polymers Petrochemicals Plastic Renewability 

Polymers Petrochemicals

-Rejuvenation commits to sustainably-sourced textiles

Expanding their commitment to sustainability through their product assortment, Rejuvenation has announced that all textiles will now be sustainably sourced and made from organic fibres. Further, the Oregon-based company will also completely revamp its bedding assortment and will now only offer textiles that are 100 per cent organic fibre construction.

Rejuvenation’s new linen bedding collection is crafted with 100 per cent organic flax fibres at a Fair Trade Certified factory and is Oeko-Tex Standard 100-certified, surpassing the highest criterion of testing for harmful chemicals and synthetics. Rejuvenation’s new Sateen Bedding collection is made with 100 per cent organic cotton and crafted at a family-owned factory in Guimarães, Portugal. The cotton is certified to the Global Organic Textiles Standard (GOTS), which is recognised as the world’s leading processing standard for textiles, ensuring both organic fibre composition as well as a finished product free from harsh chemical residues.

 Renewability

-ACC urges US to reject higher tariffs

The American Chemistry Council is pushing back against President Donald Trump’s plan to raise tariffs on $200 billion in imports from China if Washington and Beijing are unable to agree on a new trade pact in talks this week.

In a statement late May 6, ACC said that “the risks of continuing to use tariffs as a negotiating tactic with China are simply too high — and any potential benefits still unclear.”

U.S. Trade Representative Robert Lighthizer told reporters May 6 that Washington was preparing to raise tariffs on May 10 on $200 billion in Chinese imports, from their current 10 percent level to 25 percent. President Trump first tweeted over the weekend that he planned to raise the tariffs.

U.S. officials accuse China of backtracking on previous commitments in the trade talks. A spokesman for China’s Foreign Ministry told reporters that Beijing has “good faith” in continuing talks and that “raising tariffs won’t resolve any problem.”

Polymers Petrochemicals

-A next-generation plastic that can be recycled again and again

Plastic pollution has increased in the past few decades. No doubt, plastic has a number of valuable uses- we have become addicted to single-use or disposable plastic. Every year, we produce about 300 million tonnes of plastic waste and half of all plastic produced is designed to be used only once — and then thrown away, meaning it ends up in landfills or the ocean.

To overcome this problem, the scientists at the Lawrence Berkeley National Laboratory in California, US, have developed a new kind of plastic that can be re-manufactured back into the same type of plastic in a more sustainable way. And that too without losing any quality or performance..Polymers Petrochemicals Plastic Renewability 

Plastic Renewability

-New research shows that biodegradable plastics aren’t really biodegradable

Making plastic from biological sources could be a solution, but supporting infrastructure is necessary.

The idea of a “biodegradable” plastic suggests material that would degrade to little or nothing over a period of time, posing less of a hazard to wildlife and the environment.

This is the sort of claim often made by plastic manufacturers, yet recent research has revealed supposedly biodegradable plastic bags still intact after three years spent either at sea or buried underground.

So un-degraded were these bags that they were still able to hold more than two kilos of shopping.

The study’s authors, Imogen Napper and Richard Thompson at the University of Plymouth, tested compostable, biodegradable, oxo-biodegradable, and conventional polythene plastic bags in three different natural environments: buried in the ground, outdoors exposed to air and sunlight, and submerged in the sea.

biodegradable plastics

-First CFRTP for High-Volume Production Vehicles Now in Use

Teijin’s Sereebo carbon fiber reinforced thermoplastic selected by GM for use in select pickup box applications.

What is said to be the world’s first use of carbon fiber reinforced thermoplastic (CFRTP) for structural parts in a high-volume production vehicle is being used in the optional CarbonPro pickup box for General Motors’s GMC Sierra Denali 1500 and GMC Sierra AT4 1500. Jointly developed by Tokyo-based Teijin LTD (U.S. office in Greenwood, S.C.) and Detroit-based GM at Teijin’s technical center in Auburn Hills, Mich., the Sereebo CFRT high-volume composites manufacturing process is specifically being used for the  pickup box’s inner headboard, side and floor panels. Compared to steel, CarbonPro is 40% lighter, offers 10 times greater impact resistance, is more corrosion-resistant, and is even more readily recyclable.

CFRTP for High-Volume Production Vehicles

-Keeping Up With A Sustainable Lifestyle Through Riding On An Eco-Journey With TENCEL™

One year ago, Lenzing launched the all-new TENCEL™ brand in Paris, and what a year it has been for the brand. Through its unwavering commitment to innovation, quality and sustainability, Lenzing has made great progress towards establishing our new B2Me strategy, which has helped to enhance relationships with customers, brands and retailers, and engage more closely with a growing base of impassioned conscious consumers.

Building on the success in 2018, Lenzing will continue to strengthen the TENCEL™ brand, by leveraging and increasing consumer engagement and its co-branding portfolio. In January, Lenzing supported the “Make it Feel Right” campaign – an important awareness initiative for sustainable fashion.

Eco-Journey With TENCEL™

-LANXESS Successfully Completes Plant Expansion for Macrolex Dyes

Specialty chemicals company LANXESS has successfully completed the expansion of its Macrolex dyes production plant at the CHEMPARK Leverkusen

  • Capacity increased by around 25 percent;
  • Investment of more than five million euros contributes to site security.

With an investment of more than EUR 5 million, the capacity was increased by around 25 percent. The expanded plant was officially put into operation at the beginning of May.

“By expanding the plant, we are responding to the increased global demand for high-quality dyes in the plastics industry,” says Philipp Junge, head of the LANXESS Rhein Chemie business unit (RCH).

lanxess

-Gurit acquires PET recycling operation from Italy’s Valplastic

Gurit Holding AG (Zürich, Switzerland) reported last month that its newly formed company Gurit Italy PET Recycling has signed an agreement to acquire PET recycling production facilities from Valplastic (Carmignano di Brenta, Italy) for an undisclosed purchase price.

The transaction is expected to close at the end of this month.

The subsidiaries of Gurit Holding specialize in the development and manufacture of advanced composite materials, related technologies and select finished parts and components.

The comprehensive product range comprises fiber-reinforced prepegs, structural core products, gel coats, adhesives, resins and consumables.

Gurit acquires PET recycling operation

Polymers Petrochemicals Plastic Sustainable 07-05-2019

Global Economy Strong Growth

The global economy rebounded in the first quarter Global Economy Strong Growth

Global Economy Strong Growth

MOSCOW – The global economy shows strong growth in the first quarter, despite the fact that oil has risen by about 40% by the end of April due to an agreement by OPEC and other oil exporters to limit its production and US sanctions against Iran and Venezuela, Vedomosti reports.

Experts give this two basic explanations.  First, according to some of them, the rise in prices reflects the high demand for oil.  Secondly, the shale revolution in the United States has changed the situation on the market.  Its production limits the rise in prices, and it is no longer so terrible for the US economy, which can turn from an oil importer into a net exporter.Global Economy Strong Growth

The annual growth rate of China’s economy remained at 6.4% thanks to measures that Beijing took to stop its slowdown.

US GDP unexpectedly rose by 3.2%, while quarterly growth in eurozone GDP accelerated to 0.4% after 0.1 and 0.2% in the third and fourth quarters of 2018, respectively.

Italy managed to get out of the technical recession, showing a growth of 0.2%.  In annual terms, the eurozone economy grew by 1.2%.

Unemployment in the eurozone in March fell to 7.7% – the lowest since 2008.  In the US, it fell in April to 3.6%, the lowest level since December 1969.

Earlier it was reported that Russia’s GDP in 2018 grew by 2%.  The Ministry of Economic Development expected the economy to grow by 1.8% in 2018.

mrcplast.ru

Author:   Anna Larionova

 

Polymers Petrochemicals Plastic Sustainable 07-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are assessed mixed.
  • Crude oil is weak on  U.S./China trade war.
    .

    • Polyamide 6 and its chain are steady,but continue to be weak.

    PET Bottle grade export 1,020/1,060 $/ton PET Bottle grade domestic market 7,900/8,000 yuan/ton PET Filament grade SD domestic market 7,500/7,600 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton

  • PTA Taiwan 835/845 $/ton PTA domestic market 6,550/6,650 yuan/tonMEG  565/575 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 880/890 $/ton
  • Polyester POY 150D/48F  domestic market 8,350/8,450  yuan/tonPolyester DTY 150D/48F  domestic market 19,950/10,050  yuan/tonPolyester Staple PSF domestic market 8,550/8,650  yuan/ton

Polymers Petrochemicals Plastic Sustainable

The global economy rebounded in the first quarter Global Economy Strong Growth

The global economy shows strong growth in the first quarter, despite the fact that oil has risen by about 40% by the end of April due to an agreement by OPEC and other oil exporters to limit its production and US sanctions against Iran and Venezuela, Vedomosti reports.

Experts give this two basic explanations.  First, according to some of them, the rise in prices reflects the high demand for oil.

Secondly, the shale revolution in the United States has changed the situation on the market.

Its production limits the rise in prices, and it is no longer so terrible for the US economy, which can turn from an oil importer into a net exporter.

Polymers Petrochemicals Plastic Sustainable

Crude Oil Prices Trend Polymers Petrochemicals Plastic Sustainable

Polymers Sustainable

-Opportunities for growth based on flexible packaging trends

Packaging is one of the most critical, universal, and complex parts of every supply chain.

As an industry, it is robust and growing rapidly, with innovation, sustainability, and market differentiation driving growth. Today’s packaging market conditions are unlike any to date in large part because of developments in machinery, automation, processes, materials, and demand for packaging products. Let’s highlight trends and emerging growth opportunities so packaging professionals can capture a summary of these booming markets.Polymers Petrochemicals Plastic Sustainable

Research shows that leading into 2022, packaging demand will grow steadily at 2.9% to reach $980 billion in 2022. Key opportunities for industry growth include machinery, digital printing, sustainable packaging, and smart packaging.

Polymers Petrochemicals Plastic Sustainable

-Tejidos Royo and Lycra Team Up for New Wovens Capsule Collection

Spanish fashion and fabric firm Tejidos Royo has introduced Fashility, a 14-piece capsule collection of woven trousers, jackets and skirts for men and women featuring premium Lycra brand fiber technologies.Polymers Petrochemicals Plastic Sustainable

The Lycra Company collaborated with Tejidos Royo to showcase the versatility of its fabrics and the benefits of using Lycra fibers to deliver performance benefits to meet consumer needs and drive sales.

Polymers Petrochemicals Plastic Sustainable

-US crude production, Trade weigh on oil prices

Resisting the steady increase in US oil inventories over the past two weeks, oil prices are losing momentum, as headlines about the year-long trade dispute between the United States and China has prompted investors to divest themselves of risky investments.

Oil prices have turned down from 6-months high, with Brent crude trading below 70 (-1.75%), West Texas Intermediate at 60.80 (-1.80%) and finally Shanghai futures at CNY 471 (-2.80%).

Yet it seems that despite recent tweet from US president Donald Trump about potential tariffs hike, the situation has not changed.

Polymers Petrochemicals Plastic Sustainable

-Asian International School ‘Gives Back Life’ to PET plastic

Asian International School Principal Harshana Perera and Coca-Cola Beverages Sri Lanka Ltd Public Affairs, Communications and Sustainability Country Manager Lakshan Madurasinghe shaking hands in agreement to the Give Back Life initiative while Asian International School Head Prefects Shahane De Silva and Hemali Ratnaweera look on

Enthusiastic students from Asian International School (AIS) recently came onboard Coca-Cola Sri Lanka’s ‘Give Back Life’ project by volunteering to bring all PET plastic packaging to school for recycling.

This initiative by the students from the Asian International School was inaugurated during their Sinhala and Tamil New Year school assembly and ensuing festivities, where the ‘Give Back Life’ initiative was given prominence to inculcate the habit of recycling amongst all students, teachers and management of the school.

Polymers Petrochemicals Plastic Sustainable

-60 Percent of Athleta’s Materials Are Now Made From Sustainable Fibers

SAN FRANCISCO: One year after becoming a certified B Corporation, Athleta continues as a leader in sustainable performance apparel, sharing in its April catalog that 60 percent of its materials are now made with sustainable fibers.

The brand has worked aggressively to increase the sustainability in its line by sourcing materials including recycled polyester and nylon, TENCEL Modal, TENCEL Lyocell, and organic cotton; and using more efficient fabric dyeing and finishing techniques.

Polymers Petrochemicals Plastic Sustainable

-Do Biodegradable Plastics Reduce Ocean Pollution?

According to a study conducted by the University of Plymouth’s International Marine Litter Research Center published in the Journal of Environmental Science and Technology, the assumption that switching to biodegradable plastic will reduce ocean-plastic pollution yielded “no advantage” over conventional plastic in reducing ocean pollution.

Plastic bags made of “biodegradable plastic” remained intact with no visible sign of deterioration and useable three years after being dropped in the sea or buried underground.

Watch the video here or click on the still shot below to hear, Professors Richard Thompson and Imogen Napper, School of Biological and Marine Sciences, Co-Authors of the report.

Polymers Petrochemicals Plastic Sustainable

-Uncle Dougie’s squeeze pouches flex strong sustainability numbers

A forward-thinking brand owner that made a calculated move into an entirely new type of packaging for both the company and the condiments category also had the environment in mind. The intent for the launch was to squeeze more sustainable benefits from the packaging throughout the supply chain at the same time consumers could squeeze more product from the highly functional, breakthrough pouches.

Chicago-based cult favorite Uncle Dougie’s line of five distinctive gluten-free and USDA-certified organic barbecue sauces took a big eco-step forward into a smaller carbon footprint format in moving from the company’s standard glass bottles to category-changing inverted squeeze pouches.

-Biodegradable Seat Covers:Lenzing on the Latest in Circular Auto Parts

Through a partnership with Swiss automaker Rinspeed, texxtile giant Lenzing is expanding into auto upholstery — and changing what it feels like to sit on wood.

Wood is one of our most versatile natural materials. We use it for everything from paper, packaging and furniture to houses — and wood-based textiles such as lyocell and modal are more sustainable than fossil fuel-based materials such as polyester.

Lenzing, an industry leader in textiles, makes its own brand of lyocell, called Tencel™, which is commonly used in apparel and home textiles, for hygiene products such as baby wipes, and industrial products including netted packaging.

Now, through a new partnership with Swiss automaker Rinspeed, Tencel is expanding into auto upholstery — and changing what it feels like to sit on wood.

Polymers Petrochemicals Plastic Sustainable

May benzene price Europe

May benzene contract price in Europe rose by EUR40 per ton 

May benzene price Europe

MOSCOW- The contract price of benzene in Europe for deliveries in May of this year was finally agreed at EUR680 per ton, which is EUR40 per ton higher than the April price, ICIS reported, citing confirmation from three buyers and three sellers.

Contract prices were agreed on the terms of delivery CIF North-Western Europe.

The May contract price of benzene was agreed to in dollar equivalent at USD758 per tonne, and then converted to euro in an agreed exchange rate of EUR1 = USD1,11150.May benzene price Europe 

Thus, if we take the price of benzene in dollar equivalent, then the May contract price for the material has increased compared to April by USD40 per ton.

Since the beginning of this year, benzene quotes have grown in the region by EUR195 per ton, i.e.  by 40%.  Meanwhile, the January material prices were fixed at the lowest level in the last nine and a half years.May benzene price Europe 

Earlier it was noted that the April contract price of benzene in Europe was approved at EUR640 per tonne, which is EUR82 per tonne higher than the level of March.

Benzene is a raw material for the production of styrene, which, in turn, is the main raw material component for the production of polystyrene (PS).

According to the ICIS-MRC Price Review , all Russian PS manufacturers retained the May selling prices at the level of April.  At the beginning of last week, the manufacturer Nizhnekamskneftekhim considered the possibility of increasing prices in the current month by 1 thousand rubles.  per ton, but ultimately decided not to do this and prolonged the April ones.May benzene price Europe 

mrcplast.ru

Author:   Margarita Volkova

May ethylene price Europe

May ethylene contract price in Europe increased by ERU30 per ton 

May ethylene price  Europe

MOSCOW – The contract price of ethylene in Europe for May deliveries was agreed at EUR1,075 per tonne, which is EUR30 per tonne higher than the level of April, ICIS reported.

The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

This level of the contract price was directly confirmed by the two producers and two consumers, which is a sufficient configuration for the approval of the monthly contract price for the material.

The contract price is considered fully agreed upon after confirmation from at least two manufacturers (suppliers) and from two consumers (buyers).

The main driving factor behind the growth in the contract price of ethylene was once again the change in crude oil prices, which showed an uptrend last month.  Commodity quotes also increased after the recent unexpected problems at cracking plants in Europe and in connection with the beginning of the period of preventive work in production.May ethylene price Europe

Earlier it was noted that the contract price of ethylene in Europe for April deliveries was finally agreed at the level of EUR1,045 per ton, which is EUR30 per ton higher than the level of March.

Ethylene is the main raw material component for the production of polyethylene (PE).

According to the ICIS-MRC price review , despite the upcoming long May holidays, buying activity in the Russian market was low in late April.  Most of the companies did not form additional reserves for the weekend period, although there were exceptions.

The excess supply on a number of types of PE in the Russian market persists, but it no longer exerts serious pressure on prices.  As a result of last week, there was a decrease in prices for certain types of PE, but they are not as significant as at the beginning of the month.

mrcplast.ru

Author:   Margarita Volkova

Polymers Petrochemical Polyurethane Prices

Polymers Petrochemical Polyurethane Prices

Polymers Petrochemical Polyurethane Prices Polymers Petrochemical Polyurethane Prices

Polyestertime

ITEM29/04/201906/05/2019+/-
Bottle grade PET chips domestic market8,250 yuan/ton8,100 yuan/ton-150
Bottle grade PET chips export market1,070 $/ton1,060 $/ton-10
Filament grade Semidull chips domestic market7,575 yuan/ton7,525 yuan/ton-50
Filament grade Bright chips domestic market7,675 yuan/ton7,625 yuan/ton-50
Pure Terephthalic Acid PTA domestic market6,575 yuan/ton6,610 yuan/ton+35
Pure Terephthalic Acid PTA export market845 $/ton840 $/ton-5
Monoethyleneglycol MEG domestic market4,550 yuan/ton4,495 yuan/ton-55
Monoethyleneglycol MEG export market575 $/ton573 $/ton-2
Paraxylene PX FOB  Taiwan market951 $/ton911 $/ton-40
Paraxylene PX FOB  Korea market932 $/ton892 $/ton-40
Paraxylene PX FOB EU market840 $/ton794 $/ton-46
Polyester filament POY 150D/48F domestic market8,425 yuan/ton8,400 yuan/ton
-25
Recycled Polyester filament POY  domestic market8,150 yuan/ton8,100 yuan/ton-50
Polyester filament DTY 150D/48 F domestic market10,050 yuan/ton10,000 yuan/ton-50
Polyester filament FDY 68D24F domestic market 9,500 yuan/ton9,300yuan/ton-200
Polyester filament FDY 150D/96F domestic market8,950 yuan/ton8,800 yuan/ton-150
Polyester staple fiber 1.4D 38mm domestic market8,680 yuan/ton8,590 yuan/ton-90
Caprolactam CPL domestic market14,400 yuan/ton14,300 yuan/ton
-100
Caprolactam CPL overseas  market1,720 $/ton1,720 $/ton
Nylon6 chips overseas  market2,090 $/ton2,090 $/ton
Nylon6 chips conventional spinning domestic  market14,800 yuan/ton14,800 yuan/ton
Nylon6 chips  high speed spinning domestic  market15,400 yuan/ton15,350 yuan/ton-50
Nylon 6.6 chips domestic  market28,500 yuan/ton28,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market18,000 yuan/ton18,000 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market21,000 yuan/ton20,800 yuan/ton-200
Nylon6 Filament FDY  70D/24F  domestic  market19,000 yuan/ton19,000 yuan/ton
Spandex 20D  domestic  market39,000yuan/ton39,000 yuan/ton
Spandex 30D  domestic  market38,000 yuan/ton38,000  yuan/ton
Spandex 40D  domestic  market32,500  yuan/ton32,500  yuan/ton
Adipic Acid domestic market8,000 yuan/ton8,000 yuan/ton
Benzene domestic market4,400 yuan/ton4,415 yuan/ton+15
Benzene overseas  market631 $/ton619 $/ton -12
Ethylene South East market890 $/ton880 $/ton-10
Ethylene NWE  market1,078 $/ton1,132 $/ton+54
Acrylonitrile ACN  domestic market14,600 yuan/ton15,500 yuan/ton+900
Acrylonitrile ACN  overseas market1,850 $/ton1,850 $/ton
Acrylic staple fiber ASF  domestic market16,900 yuan/ton17,400 yuan/ton+500
Viscose Staple Fiber VSF  domestic market12,300 yuan/ton12,200 yuan/ton-100
PP Powder domestic market8,650 yuan/ton8,700 yuan/ton+50
Naphtha overseas market  608 $/ton567 $/ton-41
Phenol domestic market 7,813 yuan/ton7,813 yuan/ton
PS Taiwan 5250 GPPS1,309 $/ton1,310 $/ton+1
PS Taiwan 8250 HIPS1,375 $/ton1,374 $/ton-1
LDPE CFR Far East 1,042 $/ton1,062 $/ton+20
LLDPE CFR Far East1,0021,022 $/ton1,022 $/ton
LDPE   FOB Middle East1,01,027 $/ton1,047 $/ton+20
LLDPE FOB Middle East1,007 $/ton1,007 $/ton
HDPE CFR Far East1,052 $/ton1,052 $/ton
LDPE FD Northwest Europe 1,093 €/ton1,103 €/ton+10
LLDPE FD Northwest Europe 1,063 €/ton1,073 €/ton+10
Homopolymer PP CFR Far East1,118 $/ton1,118 $/ton
Homopolymer PP FD NWE1,201 €/ton1,201 €/ton

Polymers Petrochemicals Plastic Waste 06-05-2019

Polymers Petrochemical Polyurethane Prices

Polymers Petrochemicals Plastic Waste

-May benzene contract price in Europe rose by EUR40 per ton 

The contract price of benzene in Europe for deliveries in May of this year was finally agreed at EUR680 per ton, which is EUR40 per ton higher than the April price, ICIS reported, citing confirmation from three buyers and three sellers.Contract prices were agreed on the terms of delivery CIF North-Western Europe.The May contract price of benzene was agreed to in dollar equivalent at USD758 per tonne, and then converted to euro in an agreed exchange rate of EUR1 = USD1,11150

-May ethylene contract price in Europe increased by ERU30 per ton 

The contract price of ethylene in Europe for May deliveries was agreed at EUR1,075 per tonne, which is EUR30 per tonne higher than the level of April, ICIS reported.

The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

This level of the contract price was directly confirmed by the two producers and two consumers, which is a sufficient configuration for the approval of the monthly contract price for the material.  The contract price is considered fully agreed upon after confirmation from at least two manufacturers (suppliers) and from two consumers (buyers).

Polymers Petrochemicals Plastic Waste

Crude Oil Prices Trend

Polymers Petrochemicals Plastic Waste

-How Will Sanctions on Iran Affect India?

Kourosh Ziabari is an award-winning Iranian journalist. He has conducted numerous interviews with politicians, diplomats, Nobel Prize laureates, acade

Sumitha Narayanan Kutty is an associate research fellow in the South Asia Program at the S. Rajaratnam School of International Studies (RSIS), Nanyang

In this edition of The Interview, Fair Observer talks to Sumitha Kutty, an associate research fellow at the S. Rajaratnam School of International Studies in Singapore.

Iran and India have traditionally maintained cordial relations, counting on each other as major security partners. Bonds between the two Non-Aligned Movement heavyweights have strengthened ever since the 1990s when they supported the Northern Alliance in Afghanistan against the Taliban regime. In 2003, they announced the establishment of a “strategic partnership” and have subsequently cooperated on energy, trade, counterterrorism, defense and intelligence operations.

Polymers Petrochemicals Plastic Waste

-Plastic chemical production can be transformed with this new discovery

A team of researchers has found an efficient and economical process to produce plastic chemical — HMF or hydroxymethylfurfural. The HMF is a versatile plant-derived chemical considered crucial for building a renewable economy. The research was published in the Journal of Energy and Environmental Science.

What’s more, the process is simple and compatible with the existing infrastructure in the high fructose corn syrup industry, the researchers showed. “We integrated into a current process to reduce the initial risk quite a bit and decrease the initial capital required to prove the technology,” said Ali Hussain Motagamwala, who led the project.

Polymers Petrochemicals Plastic Waste

-Molecular Solution For Plastic Recycling

A team of researchers from the University of Greifswald and Helmholtz-Zentrum-Berlin (HZB) has found a solution for the molecular structure of the vital enzyme MHETase at BESSY II. MHETase was discovered in bacteria and when paired with another enzyme, PETase it can break down plastic PET into its basic building blocks. The 3D structure has allowed researchers to create a MHETase variant to utilize it in combination with PETase for sustainable recycling of PET.

Dr. Gert Weber, biochemist and structural biologist, explains that MHETase has a larger and more complex structure than PETase and an individual MHETase molecule comprises of 600 amino acids or 4000 atoms. Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-India and Turkey signal uncertainty over Iran oil ban

India hinted Thursday that it has not committed to complying with the U.S. ban on crude oil purchases from Iran after a six-month waiver expired this week, while Turkey suggested it may be unable to do so.

Asked Thursday about India’s response to the U.S. sanctions, Raveesh Kumar, spokesperson for India’s Ministry of External Affairs, replied that “frankly, for me to give a direct answer to the question would be difficult.”

Polymers Petrochemicals Plastic Waste

-India’s Uflex opens pyrolysis plant, plans recycling factory

Uflex Ltd. An employee tends to the stream of mixed plastics waste at a new pyrolysis plant India’s Uflex Ltd. opened at its headquarters.

Noida, India — India’s largest flexible packaging firm Uflex Ltd. is launching two environmental initiatives, investing about 50 million Indian rupees ($700,000) in a pyrolysis plant at its Noida site to turn plastic film waste into oil and gearing up to open a plastics recycling facility.

The company said the pyrolysis operation, which has the capacity to process 6 tons a day of waste from the factory’s film and packaging lines, is in line with the government’s Plastics Waste Management Rules 2016.Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-India’s oil import dependence jumps to 84%, bill crosses $111 bn last fiscal

Chennai: India’s oil dependence from foreign countries to meet its energy needs has jumped to a multi-year high of nearly 84 per cent, latest government data showed.

It must be noted that Prime Minister Narendra Modi set a target to cut India’s oil import dependence by 10 per cent, from 77 per cent earlier. Further, the dependence can be cut to half by 2030, he had said.

But with consumption growing at a brisk pace and domestic output remaining stagnant, India’s oil import dependence has risen from 82.9 per cent in 2017-18 to 83.7 per cent in 2018-19, according to the Oil Ministry’s Petroleum Planning and Analysis Cell (PPAC).Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-EU and Britain condemn US oil and nuclear sanctions on Iran

Last week, the United States said it would stop waivers for countries buying Iranian oil.

The United States’ allies in Europe have criticised its recent decisions to restrict oil trade with Iran and to limit the extension of waivers for nuclear non-proliferation projects.

“We … take note with regret and concern of the decision by the United States not to extend waivers with regards to trade in oil with Iran,” Britain’s foreign office said in a joint statement with its German and French counterparts and the European Union.

Polymers Petrochemicals Plastic Waste

-5,000 textiles, garments firms attend Canton Fair

Nearly 5,000 exhibitors from the areas of textiles and garments, shoes, cases and bags, recreational products, medicine and healthcare products and food recently offered a detailed overview of their evolving global trade as part of Phase 3 of the 125th China Import and Export Fair (Canton Fair).

The fair which opened on April 15 concluded on May 5, and was held in Guangzhou, China.

Maggie Pu, deputy director general of the foreign affairs office of the Canton Fair, noted that facing pressure from uncertainties related to global trade and stricter import standards, Chinese companies’ constant efforts in innovation and improvement of product performances guarantee an increasingly global market share.Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-Problems with plastic

According to the ministry of climate change, the plastic industry is the fifth largest employer in Pakistan. How can the use of plastic be governed in such a scenario

As the use of plastic products is on the rise in Pakistan, there seems to be a realisation among consumers as well as the government that use of certain products, such as plastic shopping bags, must be curtailed for their health and environmental hazards. But how practicable is it to ban plastic products?

Shoaib Munshi, Spokesperson Pakistan Plastic Manufacturers’ Association, (PPMA) says different provincial governments have announced ban on plastic bags but it will not be possible for them to implement these.Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-Soybeans and eucalyptus are next high-end car seat

Carbon fiber used to be the ultimate tell when it came to showing just how much money you could throw at your car’s interior. An expansive dash, custom-carved door panels, a $1,000 steering wheel in that unmistakable black crosshatch—and the Nappa leather seats that often pair with it—telegraphed to anyone who cared to look that this was an expensive, sporty and unique whip owned by someone who was possibly important, and at least interesting.

But now it’s time for plants.

“Fifty years ago a leather couch was the height of luxury,” says Massimo Frascella, Land Rover’s creative director and a practicing vegan. “Now in the best hotels and homes you’d never see that. It’s a similar process with cars. Going forward, sustainable design is providing the framework for change.”

Frascella arrived in Manhattan during the New York International Auto Show, which began on April 19, to unveil Land Rover’s new line of leather-free and fully vegan materials developed to outfit its 2020 Range Rover Evoque, Range Rover Velar and Jaguar I-Pace SUVs.

“There are a growing number of people who are concerned with the provenance of the textiles and materials in their vehicle,” he says. The new interiors are meant to attract those consumers for whom the highest form of luxury aligns with their eco beliefs.Polymers Petrochemicals Plastic Waste 

Polymers Petrochemicals Plastic Waste

-America’s Iran Plans Suffer from a Double-Bind: The Triangle Drama of the United States, Iran, and China

Starting in May, the White House hopes to extinguish Iran’s oil exports. However, any destabilization may prove counter-productive and cause long-term damage to the United States, the region and global prospects.

For three years, the nuclear accord (JCPOA) offered Iran relief from the multilateral sanctions on energy, financial, shipping, automotive and other sectors.

The shift in the U.S. policy began in late 2016, when the Congress extended the Iran Sanctions Act for a decade. That emboldened Trump’s unipolar stance.

But what are the immediate economic and strategic implications?

Polymers Petrochemicals Plastic Waste

-Saudi oil output may rise in June

Saudi output rise to stay within Opec+ target — sources

Dubai, London: Saudi Arabia’s oil output may edge up in June, sources familiar with the kingdom’s policy said, but the extra crude may be used for domestic power generation rather than providing the boost to exports that Washington has been seeking.

The sources said any rise in Saudi output would still be within its output quota in a pact on supply cuts agreed between Opec and its allies, a group known as Opec+.

Production from the world’s top crude exporter in May is expected to be around 10 million barrels per day (bpd), slightly higher than April but still below its quota under the Opec-led pact of 10.3 million bpd, industry sources said.

Polymers Petrochemicals Plastic Waste

-When biodegradable plastic is not biodegradable

The idea of a “biodegradable” plastic suggests a material that would degrade to little or nothing over a period of time, posing less of a hazard to wildlife and the environment.

This is the sort of claim often made by plastic manufacturers, yet recent research has revealed supposedly biodegradable plastic bags still intact after three years spent either at sea or buried underground.

So un-degraded were these bags that they were still able to hold more than two kilos of shopping.

Polymers Petrochemicals Plastic Waste

Saudi Arabia raises June crude prices to Asia and Europe, cuts to U.S.

Top oil exporter Saudi Arabia has raised its crude oil prices for June to its Asian and European customers, and cut prices to the United States, a signal that Riyadh is in no hurry to boost oil supply ahead of an OPEC meeting next month.

Saudi Aramco raised the June price for its Arab Light grade for Asian customers by $0.70 a barrel versus May to a premium of $2.10 per barrel to the Oman/Dubai average, the state oil company said on Sunday.

Polymers Petrochemicals Plastic Waste

-Mahlo to present textile production systems at ITMA04

Mahlo is set to present new systems and solutions for efficient and high-quality textile production and finishing at ITMA 2019 expo at booth H2-C203. The international textile and garment technology expo will be held from June 20-26, 2019, in Barcelona, Spain. Mahlo is a leading manufacturer of measuring, control, and automation systems for textiles.

Via the Gateway to Industry 4.0, visitors can immerse in the digital world of Mahlo. mSmart is the name of the concept developed by the technology leader from Bavaria, which defines the digital environment. Visitors can test in the mSmart control room how measuring data are saved, logged, and evaluated. The real-time data of all machines displayed come together here, so every change in a machine can be observed, according to a Mahlo press release.

Polymers Petrochemicals Plastic Waste

-Fashion Nova is under fire for using cancerous chemicals in their swimwear

The shopping portal, which is highly endorsed by celebrities like Kylie Jenner, Cardi B, Malu Travejo, and Pia Mia offers everything from casual wears to work wear, lingerie, and swimsuits.

However, a recent Twitter post shared a picture of the warning label that comes with Fashion Nova swimsuits that read:

Aviva Bidapa launches her functional yet fashion-forward swimwear line

This Mumbai-based swimwear brand uses fabric made from fishing nets!

‘This product can expose you to Di (2-ethylhexyl) phthalate, lead, and cadmium, which are known to the state of California to cause cancer, birth defects, and other reproductive harm’.

Polymers Petrochemicals Plastic Waste

-Xtema to show machinery spares at Techtextil & ITMA04

Germany-based Xtema-Thomas Lebherz Textilmaschinen e.K., will showcase textile machinery spare parts at the two forthcoming textile fairs—Techtextil and ITMA 2019. At Techtextil, to be held from May 14-17, 2019, Xtema will be present in hall 3.0, booth D53, while it will be in hall 5, booth 125 at the ITMA fair, to be held from June 20-26.

Xtema represents a family tradition of over three generations in trading and servicing the textile industry since 1956. Besides the trade with quality second-hand textile machinery, the German company has successfully developed and established design and distribution of their own spare parts line over the last decade. The parts manufactured in Europe, are now being distributed to satisfied customers in over 45 countries worldwide.

Polymers Petrochemicals Plastic Waste

-India could cut US shale import to offset Iran loss

The officials, who didn’t want to be named, said that once the US sanctions on Iranian oil kicked in, India’s future purchases from alternative energy suppliers will be finalised keeping in mind the country’s energy and commercial security.

The US sanctions will disrupt supplies from Iran, which accounted for 10% of India’s energy imports in 2018-19, but the officials said relying on US shale oil will be more expensive and require changes in the configuration of refineries currently set up to process Iranian and other crude.

Polymers Petrochemicals Plastic Waste

-Experts get technical on material innovations

Alan Barcon on stage at the 2019 Plastics Recycling Conference and Trade Show.

Alan Barcon of PolyOne Corporation.

Processing technology can be used to overcome shortcomings in both PET and mixed plastics, according to two plastics recycling professionals.

During the 2019 Plastics Recycling Conference and Trade Show, experts took to the stage to share various recycled plastic material insights.

Alan Barcon of PolyOne Corporation and Alfredo Faubel of Athyron LLC presented during a session titled “Getting Technical Across Materials.”

Company Aquafil Swimsuits Garbage

Italian Company Aquafil Is Making Swimsuits from Garbage

SOURCE : Bloomberg

As volumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world Aquafil recycles the material and turning it into nylon used to make upscale apparel and accessories.

Company Aquafil Swimsuits Garbage

Regenerated nylon is used in Econyl fibres

ARCO, Italy — To you, it’s a garbage dump. To Italian entrepreneur Giulio Bonazzi, it’s the launchpad for a Stella McCartney handbag or a pair of Levi’s jeans.

“When I look at a landfill, I see a goldmine,” Bonazzi, the founder and chief executive of nylon manufacturer Aquafil, said in an interview.

As volumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world, Bonazzi’s company is recycling the material and turning it into nylon used to make upscale apparel and accessories.

Company Aquafil Swimsuits Garbage

Dott. Giulio Bonazzi Aquafil Chairman

And with heightened consumer awareness and tougher environmental rules, the chief executive sees unlimited potential for sales of the company’s Econyl thread. The yarn is made from recycled material which may have started life as carpet or industrial plastic, or even part of an abandoned fishing net — an increasingly promising area for recycling.

“Consumer demand for new products is almost endless, but the planet’s resources aren’t,” Bonazzi, 56, said. “That’s OK, because we can have both state-of-the-art products and a better environment.”

Check That Label

Check your label: you may already own a swimsuit, workout clothes or casual wear made from Econyl. Adidas AG, Levi Strauss & Co. and Speedo International are just three of the better-known clients using the yarn, according to the company.

Consumers may be more willing than ever to pay premium prices for products made from planet-friendly materials, and Bonazzi says Econyl, which accounts for nearly 40 percent of Aquafil’s fibre sales, is clearly a “top-quality and thus top-margin” product for the company.

That’s borne out by the fiber’s use by high-end fashion names like Gucci, the chief executive said. The Stella McCartney brand has also said it will stop using virgin nylon by 2020 — and use more Econyl.

Legislation is helping push the trend too. While the European Union made headlines with a ban on consumer items like plastic plates, cutlery and straws beginning in 2021, a less noticed part of the initiative includes dealing with abandoned fishing gear, which represents about 27 percent of marine litter.

A significant number of disused fishing nets are not collected for treatment and, together with single-use plastic products, that poses “a severe risk to marine ecosystems, biodiversity and human health,” according to the text of new EU legislation. Member states should tighten rules to ensure collection and waste management, it says.

That’s where Aquafil comes in, the chief executive said. The company is already benefiting from a “positive announcement effect” from the EU directive, he said, with major fishing-net consumers reaching out to the Arco, Italy-based company on collection and recycling.

“While any move in this direction is appreciated, Europe could have been bolder and set stricter goals,” Bonazzi said. “The hope is that individual countries will understand the importance of this measure and act swiftly. Time to save the planet is running out.”

By Chiara Remondini, with assistance from Jonathan Stearns and Andrew Davis; editors: Celeste Perri, Jerrold Colten and Dan Liefgreen.

Polymers Petrochemicals Polyethylene Terephthalate 04-05-2019

-‘India will have to play deft diplomacy in managing relations with Iran and America’

India is among the eight nations whose six-month-long exemptions from US sanctions to stop buying oil from Iran ended on Thursday.

"A break above USD 75/barrel in oil is a risk for the Indian markets"

“A break above USD 75/barrel in oil is a risk for the Indian markets”

Singapore: India will have to play deft diplomacy in managing its relations with Iran and America, post US sanctions asking New Delhi to stop buying oil from Tehran, according to a former Indian top official.

India is among the eight nations whose six-month-long exemptions from US sanctions to stop buying oil from Iran ended on Thursday.

In November, the US had granted a six-month waiver to India, China, Greece, Italy, Taiwan, Japan, Turkey and South Korea to continue importing oil from Iran.

Polymers Petrochemicals Polyethylene Terephthalate

-Venezuela Keeps Oil Exports Stable In April

Despite an escalating situation in Venezuela, oil exports from the country remained perhaps surprisingly stable in April, at an average daily rate of 1.06 million barrels, Reuters reports, citing its own shipping and trading data.

Shipments of Venezuelan crude to China increased during last month, as did cargoes bound for India. The flow of oil from Venezuela to Cuba continued despite attempts by the opposition to put a stop to these.

China took in about a third of the total, at 337,000 bpd, with India importing 27 percent, and Europe a tenth of the total.

Reuters notes, though, that this month things may change, as exports to the US fall even further. The only reason they haven’t already seems to be the grace period Washington gave U.S. importers of Venezuelan crude to wrap up their business with state-owned PDVSA. The deadline for this wrap up was April 28.

-Polyimide fibers market is expected to witness a CAGR of 5.0% from 2018 to 2026

Persistence Market Research has published a new research report on polyimide fibers. The report has been titled, “Polyimide Fibers Market: Global Industry Trend Analysis 2013-2017 and Forecast 2018-2026.” The global polyimide fibers market is expected to witness moderate growth prospects over the years ahead. The complex manufacturing procedure and premium prices for these fibers have resulted in their restricted use for highly specific conditions. According to the report, the global polyimide fibers market is expected to witness a CAGR of 5.0% from 2018 to 2026. In 2017, the market was worth US$ 279.2 Mn and is expected to touch a valuation of US$ 433.6 Mn by the end of 2026.

The presence of a limited number of players has made this market a consolidated one.Polymers Petrochemicals Polyethylene Terephthalate

-Henkel and Ampacet develop recyclable black bottle

Henkel has developed, in collaboration with masterbatch producer Ampacet, a black plastics package that is fully recyclable and does not use carbon black colour. This, say the companies, enables used bottles to be integrated back into the value chain.

The solution is being rolled out with black bottles of toilet cleaning products under the Bref brand this month, following by further Henkel products during the course of the year.

“Recognising that black bottles are one of the central challenges when it comes to recyclability of used packaging, we want to be part of the solution. The new material will contribute to closing the loop of plastics packaging in a sustainable way,” says Vineet Varman, head of international packaging development for Special Detergents at Henkel Laundry & Home Care.

-Italian Company Aquafil Is Making Swimsuits from Garbage

As v To you, it’s a garbage dump. To Italian entrepreneur Giulio Bonazzi, it’s the launchpad for a Stella McCartney handbag or a pair of Levi’s jeans.

“When I look at a landfill, I see a goldmine,” Bonazzi, the founder and chief executive of nylon manufacturer Aquafil, said in an interview.

As volumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world, Bonazzi’s company is recycling the material and turning it into nylon used to make upscale apparel and accessories.olumes of plastic-based waste reach a tipping point in oceans and trash heaps around the world Aquafil recycles the material and turning it into nylon used to make upscale apparel and accessories.

-ITMA 2019 Exhibitor Preview: Savio Macchine Tessili — High Tech And Industry 4.0 Winding Solutions

Over its 100+ years history, the Italian manufacturer Savio acted as technological leader and most innovative player in attractive niches of the textile value chain. Savio leverages on the best value-for- money proposition in the industry and has a consolidated presence in all relevant geographies with a local-for-local approach, allowing to promptly address market demand and requirements.

Savio is specialized in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic. Savio will exhibit in Barcelona innovative, highly automated, energy saving and Industry 4.0 solutions in all displayed machines.

-Fourth compounding workshop to be held at AIMPLAS’ facilities

On 29 and 30 May 2019, the fourth edition of the compounding workshop ‘The art of mixing, reinforcing and incorporating additives to plastics’ will be held at AIMPLAS’ facilities in Valencia, Spain.

Luis Roca, head of the Compounding Department of AIMPLAS, will lead the workshop discussing the latest innovations in the field of compounding.

This workshop is aimed mainly at companies who want to strengthen their knowledge in compounding, particularly in techniques such as plastics mixing, reinforcing, additivation and co-rotating twin screw extrusion, putting special interest in ‘screw design’, ‘control process’, ‘Co-TSE description’ and ‘troubleshooting’, as well as in practical training.

-Industry-ready process makes plastics chemical from plant sugars

Developing renewable, plant-based alternatives for petroleum-derived chemicals is a major piece of the effort to transition away from a fossil-fuel based economy toward a more sustainable and environmentally friendly bio-based economy.

But integration of novel and unproven technology into existing industrial systems carries an element of risk that has made commercialization of such advances a significant challenge.

-SSM to present new textile machines at ITMA 201903

Scharer Schweiter Mettler (SSM) is set to display its trend-setting, breakthrough technologies at ITMA 2019 expo, in hall 6, booth C201. The international textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. The leading textile machinery company, based in Horgen, Switzerland, is a subsidiary of the Rieter Group.

SSM will continue their tradition of displaying breakthrough technologies such as preciforce (self-regulating pressure force system for the SSM XENO platform) and powerblade. The SSM XENO series are the modular winding machine platform, available with all three leading SSM winding technologies – extended with the powerblade, combining the advantages of blade winding and electronic yarn traverse, the company said in a press release.

-Imogo to display Dye-Max spray dyeing technology at ITMA03

Imogo is set to display its new Dye-Max spray dyeing technology at ITMA 2019, from June 20-26, 2019, in Barcelona. Imogo is a Swedish company formed by a team with experience in textile processing technology. Imogo is partnering with ACG Kinna, to build the first Dye-Max line and will be present at the ACG Kinna automatic stand at ITMA, in stand H3, D239.

While still at the prototype stage, and with a first full-scale line currently under construction and due to be demonstrated this Autumn before delivery, the Dye-Max nevertheless promises to slash the use of fresh water, waste water, energy and chemicals by as much as 90 per cent compared to conventional jet dyeing systems, Imogo said in a press release.

Polymers Petrochemicals Bottle Recycling 03-05-2019

-Oil prices drop as US stockpiles swell

Oil Opens a New Window.  prices dropped on Thursday even though the Trump administration Opens a New Window.  officially ended waivers that had been granted to some nations allowing them to continue importing oil from Iran.

On Thursday, WTI crude oil prices fell by nearly 3.8 percent to $61.19 per barrel, while Brent Crude dropped to $69.95 per barrel.

There were concerns oil prices could spike as President Trump looks to drive Iran’s oil exports to zero by ending exemptions to the sanctions which were granted to eight countries that buy Iranian oil.

Crude Oil Prices Trend

Polymers Petrochemicals Bottle Recycling

-Bio-Based PET Market is Extensively Used for the Production of Various Packaging Solutions

Bio-based PET is essentially made up of monoethylene glycol (MEG) and terephthalic acid (PTA), and is bio-degradable.

It is extensively used for the production of various packaging solutions, mainly in the food and beverages and automotive industries.

It also has myriad applications in making bottles, packaged goods, automotive interiors, and construction materials.

The emergence of bioplastics that are biodegradable in manufacturing packaging solutions has provided strong impetus to the evolution of the bio-based PET market.

Increasing eco-friendly inclination toward the use of bio-friendly products amongst consumers across the globe and stringent environmental regulations promoting the use of eco-friendly products across industries have led to an intensive demand for bio-based PET materials.Polymers Petrochemicals Bottle Recycling

Polymers Petrochemicals Bottle Recycling

-Study misleads on value of biodegradable, compostable plastics

The study, “Environmental deterioration of biodegradable, oxo-biodegradable, compostable, and conventional plastic carrier bags in the sea, soil, and open-air over a 3-year period,” carried out by Imogen E. Napper and Richard C. Thompson of the University of Plymouth, whose results were announced April 29, intends to provide insights into the environmental deterioration of plastic carrier bags made from different polymer types under littering conditions.

“Contrary to what the headlines of some newspaper reports picking up the findings suggest, the study confirms that only certified biodegradable and compostable bags—designed to be collected with the biowaste and organically recycled in dedicated composting plants—even if mistakenly littered in the environment due to bad habits, have a reduced environmental impact,” said François de Bie, chairman of European Bioplastics.Polymers Petrochemicals Bottle Recycling

Polymers Petrochemicals Bottle Recycling

-Polyethylene Terephthalate-Glycol (PETG) Market to Register a Stout Growth by 2027-end

Polyethylene Terephthalate-Glycol (PETG) is a thermoplastic polymer obtained by copolymerization of polyethylene Terephthalate and ethylene glycol. This plastic resin belongs to polyester family and finds a wide range of applications including those in food and beverages industry. It is used in manufacture of liquid containers, as well as in certain other packaging and thermoforming applications.

Polyethylene Terephthalate-Glycol (PETG) is a clear amorphous thermoplastic which can be injection molded, sheet extruded and blow molded. PETG is colorless and exhibits relatively higher transparency.

Moreover, PETG   exhibits exceptional water and moisture barrier properties. Polyethylene Terephthalate-Glycol (PETG) products can be rigid to semi-rigid, depending on the thickness, and are relatively lighter in weight.

Polymers Petrochemicals Bottle Recycling

-Covestro begins film expansion in Germany

Covestro AGFrom left: Thorsten Dreier, head of films business; Chief Technology Officer Klaus Schäfer; Michael Friede, head of the coatings, adhesives, specialities segment for Covestro AG at a groundbreaking for an expansion.

Covestro AG has launched an expansion to add new production lines for high-quality polycarbonate film at its manufacturing site in Dormagen, Germany.

The investment is part of the company’s 100 million euro ($112 million) global capacity expansion plan announced in 2018 to meet growing demand in all regions.

Scheduled for completion by the end of 2020, the project includes new coextrusion lines for the production of multi-layer flat films, Covestro said in a May 2 news release.

The new manufacturing unit further underscores the Dormagen site’s importance as a competence centre for speciality films, according to Chief Technology Officer Klaus Schäfer.Polymers Petrochemicals Bottle Recycling

Polymers Petrochemicals Bottle Recycling

-RPC Group reveals ‘Succinct Explanations’ initiative

With so much negative publicity surrounding plastic packaging in the consumer media, RPC Group created a series of short videos that aim to give a succinct and balanced response to some of the frequently asked questions on this issue.

Topics covered in the four 60 second videos are the call to ban plastics altogether, an explanation of the plastics recycling process, the problems of ocean litter, the reasons behind the use of plastic in food packaging, and an understanding of the role of biodegradable plastics.

Polymers Petrochemicals Bottle Recycling

-Eco-friendly formulations based on vegetable oils

Two metal parts joined using the new, sustainably produced adhesive. Behind them: three pots containing the ingredients of the adhesive – the liquid hardener (yellow), the paste hardener (white) and the lignin organic solvent (black). Credit: Fraunhofer-Gesellschaft

There is an increasing demand for green products, but for them to be genuinely sustainable, manufacturers must also use adhesives and paints that are made of bio-based feedstocks. Advanced materials developed in Fraunhofer labs point the way forward.Polymers Petrochemicals Bottle Recycling

Demand for organic products is booming. Factory farms and fields drenched in chemical cocktails hold little appeal for the many consumers who prefer to see free-ranging animals in verdant pastures, eat untreated fruit and vegetables and wear clothes made of organically grown, pesticide-free cotton.

Polymers Petrochemicals Bottle Recycling

-Germany’s new packaging act: manufacturers need to become proactive

Where do we currently stand in terms of putting the new Packaging Act into practice?

Gunda Rachut: We’re very happy right now, with more than 160,000 entries in the LUCID packaging register so far.

That’s almost three times the number of companies that had a contract under the dual system scheme in 2017. The number of registrations is still rising.

The target is to have about 250,000 registered companies by the end of 2019. By having a register that’s publicly accessible, we have built on the basis provided by the law to enable us to identify “freeloaders” in the system, and demonstrate the fact that they are non-compliant because they are not participating.

Polymers Petrochemicals Bottle Recycling

-Unifi provides update on recent trade petitions

Imports of polyester textured yarn from China and India remained high during fiscal 2019, creating considerable pressure for companies in the US. Unifi, a leading innovator in recycled and synthetic yarns, has announced an update on recent trade petitions, saying preliminary determinations reached so far are encouraging.

Last month, the US Department of Commerce announced preliminary countervailing duty determinations on unfairly subsidised imports of polyester textured yarn from China at rates of 32% or more and India at rates of 7% or more.

Preliminary antidumping determinations are expected on 26 June 2019, and final determinations of dumping, subsidisation and injury are expected by the end of calendar 2019.Polymers Petrochemicals Bottle Recycling

Polymers Petrochemicals Bottle Recycling

-Volvo seeks new suppliers, fresh ideas to make greener cars

Volvo is looking for innovative suppliers to help it achieve an ambitious sustainability goal. By 2025 the Swedish automaker wants at least 25 percent of the plastics used in every newly launched Volvo to be made from recycled materials. The percentage now is about 5 percent.

To determine whether it could reach this target Volvo worked with its current top-tier suppliers to create a variant of the XC60 plug­-in hybrid in which 20 percent of the plastic components were replaced with equivalents containing recycled materials.

Polymers Petrochemicals Bottle Recycling

-US to impose duty on polyester yarn from China, India

The US department of commerce has announced the affirmative preliminary determinations in the countervailing duty (CVD) investigations of imports of polyester textured yarn from China and India. The investigations found that exporters received countervailable subsidies ranging from 32.04 to 459.98 per cent and 7.09 to 20.45 per cent, respectively.

Based on the preliminary rates, the department of commerce will instruct US Customs and Border Protection to collect cash deposits from importers of polyester textured yarn from China and India.

The investigations were carried out following a petition filed by Unifi Manufacturing, Inc.

Polymers Petrochemicals Bottle Recycling

– KHS tackles challenges posed by sustainable packaging

Beverage industry and protection of the environment

The global debate on packaging waste, the associated use of resources and increasing regulatory pressure have intensified the call of the beverage industry for new, alternative packaging systems.

Concerns not only focus on saving resources in the production process but chiefly on the packaging itself. PET containers and plastic packaging are currently in focus.

The priority is to reduce and recycle the same. KHS supplies dedicated systems to meet these criteria and has at its disposal a wealth of expertise with which it strongly assists its customers in their striving towards greater sustainability.

Polymers Petrochemicals Bottle Recycling

Related Topics :Asia May prices paraxylene

Asia May prices paraxylene

In Asia, they have not reached an agreement on the May contract prices of para-xylene.

Asia May prices paraxylene

MOSCOW- The participants in the negotiation process to agree on the May contract prices of paraxylene in Asia failed to reach an agreement for the next month amid an uncertain market situation, market sources told ICIS .

According to them, the approval of the monthly contractual price of the material is achieved when it is agreed by at least two suppliers and two buyers.

The last price range, within which negotiations were conducted, was USD930-1,050 per tonne, CFR Asia, market participants said.

Nor was agreement reached on the April contract price of para-xylene.

And the March contract price of paraxylene in Asia was approved at USD1,080 per ton, which is USD280 per ton higher than the level of the previous month.

Para-xylene is one of the main raw materials for the production of polyethylene terephthalate (PET).

According to the ICIS-MRC price review , during April there were no dramatic changes in the Russian PET market. Before the beginning of the season of peak demand for granules and preforms, the market situation is calm. Asian quotes for raw materials and PET declined last week, which has a downward pressure on the cost of Russian material in the near future.

mrcplast.ru

Author:                Margarita Volkova

Polymers Petrochemicals PET Resin 02-05-2019

Crude Oil Prices Trend

Polymers Petrochemicals PET Resin

-Technology profile: polyethylene furanoate production

This column is based on “Polyethylene Furanoate Production — Cost Analysis,” a report published by Intratec. It can be found at: www.intratec.us/analysis/polyethylene-furanoate-production-cost.

Polyethylene furanoate (PEF) is a polymer synthesized from the copolymerization of 2,5-furandicarboxylic acid (FDCA) with monoethylene glycol (MEG). Since both monomers can be obtained from biomass starting material, and the resulting PEF is 100% recyclable, PEF is considered a bio-based analogue to polyethylene terephthalate (PET). Also, PEF production is thought to have the potential to reduce greenhouse gas emissions compared to the production of PET.

Strong parallels are reported in the literature between the production of PET and PEF, to the point that existing PET assets may be used for PEF production. FDCA and MEG are polymerized in two steps (Figure 1) yielding bottle-grade PEF.

Melt-phase polymerization. MEG and FDCA are initially fed to the paste system, which prepares a uniform feed slurry batch-wise for melt-polymerization downstream. The mixture then passes through two agitated and jacketed reactors, in which esterification takes place, generating bis(2-hydroxyethyl)-2,5-furandicarboxylate (BHEF). Small amounts of water formed are removed, as well as the excess unreacted ethylene glycol that is boiled off and directed to the MEG recovery system.

Polymers Petrochemicals PET Resin

-Sustainability a major topic at Techtextil and Texprocess

In 2017 Techtextil and Texprocess welcomed over 47,500 visitors. © Messe Frankfurt Exhibition GmbH / Jean-Luc Valentin

In 2017 Techtextil and Texprocess welcomed over 47,500 visitors. © Messe Frankfurt Exhibition GmbH / Jean-Luc Valentin

Sustainability at Techtextil and Sustainability at Texprocess are the two topics by which these leading international trade fairs for technical textiles and nonwovens, and for the processing of textile and flexible materials, will be explicitly turning their focus for the first time onto their exhibitors’ approaches to sustainability. To this will be added a broad complementary programme on this topic. Among those contributing will be major players in the industry, such as Kering, Lenzing and Zalando.

Polymers Petrochemicals PET Resin

-Plastics dominate new online rigid containers marketplace

Out with the old, in with the new. That’s the intent of Denver-based Dempsey International’s planned launch of Raptor Packaging, a marketplace platform designed to bring buyers and sellers of rigid packaging together. The company aims to revolutionize the future of procurement in the market by leveraging a wealth of state-of-the-art tools.

Jason Small, COO, Raptor Packaging, says “industries are changing so rapidly with the advancement of new web-based technologies, that what was once unachievable is now a reality.”

-In Asia, they have not reached an agreement on the May contract prices of para-xylene.

The participants in the negotiation process to agree on the May contract prices of paraxylene in Asia failed to reach an agreement for the next month amid an uncertain market situation, market sources told ICIS .

According to them, the approval of the monthly contractual price of the material is achieved when it is agreed by at least two suppliers and two buyers.

The last price range, within which negotiations were conducted, was USD930-1,050 per tonne, CFR Asia, market participants said.

-French Machinery Manufacturers to Evaluate Opportunities at ITMA 2019

French machinery manufacturers to evaluate opportunities at ITMA 2019. One of the most important participants of ITMA fairs, French machinery manufacturers will participate in this year’s edition by highlighting the themes of innovation and reliable partnership. UCMTF will continue to support its members in order to increase the industry’s share in the global market.

French machinery manufacturers develop high-tech solutions for textile manufacturing processes from spinning to weaving, dyeing and finishing to technical textiles, and will present their competence in this area at the ITMA 2019. Evelyne Cholet, Secretary General of UCMTF, a member of ITMA’s organizer CEMATEX, issued a special statement to Textilegence about the preparations for the upcoming ITMA 2019 and the contributions of UCMTF to the industry.

-Virgin plastics producer acquires recycled compounder

Closeup of plastic resins of various colors.Multinational oil and gas company MOL Group will acquire a German recycled plastics compounder.

The Hungarian energy giant has agreed to acquire Aurora, which produces engineering plastics and recycled PP-based compounds. Aurora supplies automakers and other manufacturers.

The investment allows MOL to offer polyamide, PP and other recycled-content compounds alongside its virgin PP and PE, according to a press release.

The acquisition is the latest case of a petrochemicals company buying a plastics reclaimer. In Europe, Indorama Ventures acquired French PET and HDPE reclaimer Sorepla Industrie, Total acquired French PP reclaimer Synova and LyondellBasell became a partner in Netherlands HDPE and PP reclaimer Quality Circular Polymers (QCP).

Kern-Liebers to participate in ITMA 201901

Kern-Liebers Textiles will be represented by Kern-Liebers knitting parts, Saxonia and Leistner at ITMA from May 20 in Barcelona. Under the umbrella brand Kern-Liebers, the company offers a complete range of needles, components for weft and warp knitting machines. The entire range of the company’s parts and needles will be presented at the exhibition.

“Because the warp knitting market is creating more and more complex end products, the technical requirements for these products, and in particular for blocks, are constantly increasing. Meeting these increased requirements again and again presents new challenges for our developers, but it also means that we achieve the highest standards in terms of quality, the lifespan of our end products, and development expertise,” Kern-Liebers said in a press release.

-Oil prices fall as U.S. crude stocks climb to highest since September 2017

Oil futures sank about 1% on Wednesday after U.S. crude inventories in the United States soared more than expected to their highest since September 2017 as production hit a record high of 12.3 million barrels per day.

The declines were somewhat tempered by the intensifying crisis in Venezuela and Washington’s stopping Iranian oil sanction waivers as of May 1, with the fall in the global Brent benchmark more muted.

-MBA Polymers UK announces acquisition of PPR Wipag

MBA Polymers UK has announced the acquisition of Dover based automotive plastics recycler PPR Wipag.

PPR Wipag are specialists in the processing of post industrial plastics from the automotive industry including complex multi-layered parts and converting them back into high quality closed loop resins.

MBA Polymers UK currently specialise in the processing of complex post consumer plastics from Automotive Shredder Residue (ASR) and Waste Electrical and Electronic Equipment (WEEE). These outputs are compounded, at their recycling facility, into high quality virgin replacement polymer grades.

-Working towards solving the Circular Economy challenge

In cooperation with major players such as Borealis and Nestlé, SYSTEMIQ initiated Project STOP in order to address the sustainability issues of the day.  Elisabeth Skoda spoke to the company’s materials platform associates Julia Koskella and Jessica Stewart about ways to achieve a circular economy and the role the packaging industry can play.

Could you give us a quick overview of SYSTEMIQ’s work and, in particular, Project STOP?

SYSTEMIQ’s goal is to build the world’s leading system change company, combining coalition-building, advisory work with pioneer institutions, business incubation, venturing, and redirecting large-scale capital. We believe this shift to better markets can unlock economic value well in excess of US$10 trillion per year, in addition to massive social and environmental benefits.

-Pretium Packaging Acquires Olcott Plastics

Chesterfield, Missouri-based Pretium Packaging is acquiring St. Charles, Illinois-based Olcott Plastics Inc. This takeover will give Pretium access to Olcott’s long-standing business. Olcott started its injection molding plastic jars business nearly fifty years ago and still retains some of its initial customers. Presently, Olcott manufactures over 1 million jar and closure combinations for the applications in the health, personal care, and beauty sectors. Pretium is of the opinion that the deal will add the knowledge base of Olcott including their exceptional beauty care packaging expertise and a strong product range, which will enhance its portfolio.

The products of the plastics company will also be complementary to Pretium’s health and beauty care packaging segment. Olcott’s products comprise of injection mold making and decorating single- and double-wall polypropylene (PP) jars and seamless PET jars.

-US May benzene contracts increase with higher crude

US May benzene contracts increased 8 cents/gal ($24/tonne) on the back of higher spot prices in April associated with higher crude values.

US May benzene contracts increased to $2.33/gal FOB (free on board) USG (US Gulf) from $2.25/gal in April.

Ample supply in the global market extended by expectations of new capacity in the key China market limited the increase.

Increased benzene capacity as a coproduct of paraxylene (PX) production at Hengli Petrochemical’s new plant in Dalian, China, is weighing on the market, with May benzene trading at a 4.5 cent premium to June on Tuesday afternoon.

Increased capacity and easing crude futures have the potential to stop the uptrend in US benzene contracts, which have steadily increased since the start of 2019.

-Autefa to offer future-proof solutions at Techtextil

Autefa Solutions, a full line supplier for carded- crosslapped needlepunch lines and thermobonding lines, will offer future-proof solutions for improving quality and productivity at the upcoming Techtextil trade fair that take place from 14-17 May in Frankfurt.

During Techtextil, the company will present its portfolio. Autefa Solutions lines cover the needs of the highly-competitive nonwovens market. “An improved and even surface quality has been set as key target by the customers,” the company reports. “Therefore, Autefa Solutions offers the service of a customised needle board pattern.”

Polymers Petrochemicals Smart Textile 30-04-2019

  • China Polyethylene Terephthalate
  • PET and its chain are assessed mixed.
  • Crude oil ,after the slowdown in recent days, is recovering.
    .

    • Polyamide 6 and its chain are steady,but continue to be weak.

    PET Bottle grade export 1,040/1,070 $/ton PET Bottle grade domestic market 8,150/8,250 yuan/ton PET Filament grade SD domestic market 7,500/7,650 yuan/ton – PET Filament grade BR domestic market 7,600/7,750 yuan/ton

  • PTA Taiwan 840/850 $/ton PTA domestic market 6,550/6,650 yuan/tonMEG  575/585 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 910/925 $/ton
  • Polyester POY 150D/48F  domestic market 8,450/8,550  yuan/tonPolyester DTY 150D/48F  domestic market 10,000/10,100  yuan/tonPolyester Staple PSF domestic market 8,600/8,700  yuan/ton

Polymers Petrochemicals Smart Textile

Crude Oil Prices Trend

Polymers Petrochemicals Smart Textile

-Beverage giants to help scale up world’s first enzyme-based plastics recycling technology

Soft drinks giants PepsiCo, Nestle Waters and Lucozade Ribena Suntory’s (LRS) parent brand Suntory Beverage & Food Europe have thrown their support behind a new plastics recycling technology which uses enzymes to process waste.

The beverage firms have joined L’Oreal in pledging to support bringing Carbios’ technology to scale

The beverage firms have joined L’Oreal in pledging to support bringing Carbios’ technology to scale

Developed by French green chemistry firm Carbios, the method involves applying a liquid mixture of enzymes to used PET plastics and polyester fibres. Through a reaction similar to digestion, the enzymes break the polymers down into monomers – single-element particles which are then sent through a filtration and purification system.

The resulting materials are of “equivalent quality” to virgin PET, according to Carbios, making them ready for reuse in new plastic packaging such as drinks bottles. Carbios claims that the approach can be used for all forms of PET – regardless of colour, opacity or the number of plastic layers in the product – and that it requires “limited” heat and no pressure or solvents to complete.

Polymers Petrochemicals Smart Textile

-BFI stretches nonwovens possibilities

Beaulieu Fibres International (BFI), a solutions provider of value-added fibres, is lifting polyolefin and PET core nonwovens to new performance heights at the upcoming Techtextil trade fair that takes place in Frankfurt next month. At the show, the company will give centre stage to innovations helping producers to extract the most out of their production equipment and pursue new opportunities in areas like automotive, geotextiles, flooring, filtration, upholstery, concrete reinforcement and hygiene.

“The nonwoven market is constantly looking for added value and system cost reduction opportunities. With our latest product innovations, Beaulieu Fibres International shows again that we are committed to helping our customers stay at the forefront of segment trends and efficiency,” commented Karena Cancilleri, President Engineered Products, Beaulieu International Group.

-ANDRITZ to Present its Innovative Nonwovens Production and Textile Solutions At Techtextil 2019 in Frankfurt, Germany

International technology Group ANDRITZ will be presenting its innovative nonwovens production and textile solutions at Techtextil 2019 (techtextil.com) in Frankfurt, Germany, from May 14 to 17 (hall 3, booth B15). ANDRITZ supports its customers in every aspect of nonwovens and textile processes and services with its most advanced expertise and complete technology solutions.

NEW TEXCAL RACONIP TT SETS STANDARDS IN TEXTILE CALENDRING

The long tradition of excellent calender technology for the textile industry is now continued with the teXcal Raconip TT calender.

-New  family of polymers can be easily recycled and even upcycled

A team at the Lawrence Berkeley National Laboratory in California, US, has developed a new family of polymers that brings us closer to the dream of closed-loop, zero-waste plastics. To achieve this they used a family of molecules called polydiketoenamines, held together by dynamic covalent bonds that, while very strong, can be easily broken down using small amounts of acid.

Diketoenamines were pretty much unknown in polymer chemistry until now. Lead author Brett Helms explains that ‘this motif had been known as a protecting group in solid state peptide chemistry, but often classified as “promiscuous” as it bounced around different amine groups during peptide synthesis.

-Crude oil falls after President Donald Trump urges greater OPEC output to replace Iranian oilWorld News

Traders said the market was shifting its focus on the voluntary supply cuts led by the Middle East dominated producer club OPEC since the start of the year.

Singapore: Oil prices fell on Monday, extending a slump from Friday that ended weeks of rallying, after President Donald Trump demanded that producer club OPEC raise output to soften the impact of U.S. sanctions against Iran.

Brent crude futures were at $71.80 per barrel at 0215 GMT, down 35 cents, or 0.5 percent, from their last close.

-SOCAR and BP to commence plant construction in Turkey by end of 2020

The State Oil Company of the Azerbaijan Republic (SOCAR), and British Petroleum intend to commence construction of a petrochemical plant in Turkey by the end of next year.

Last year, the two companies signed a heads of agreement (HoA) to analyse the establishment of a joint venture to construct and operate a petrochemicals complex in Turkey.

-Middle East PP to remain stable as key sellers eye rollovers

Polypropylene (PP) prices in the Middle East are likely to emerge at a rollover when offers are announced later this week despite the continued tightness in supply.

Prices for all PP homopolymer and copolymer grades are set to remain stable from April levels, as market players in the region prepare for the Muslim fasting month of Ramadan which begins in early May.

On 26 April, ICIS assessed PP raffia/injection prices in the GCC at $1,160-1,200/tonne DEL (delivered) GCC, stable from the previous week.

Prices for the same grades in the East Med were assessed at $1,110-1,190/tonne CFR (cost and freight) East Med, also unchanged from the week before, ICIS data showed.

-Amcor launches recyclable, metal-free barrier flexible packaging

AmLite Ultra Recyclable is the latest addition to Amcor’s successful AmLite product line, first created in 2015 to provide metal-free barrier packaging that significantly reduces the packaging’s carbon footprint, according to news from Amcor (Zürich, Switzerland). AmLite Ultra Recyclable is Amcor’s first packaging product made from the company’s sustainable high-barrier polyolefin film introduced last year.

The high-barrier laminate can package a range of food, home and personal care, and pharmaceutical products, and can be recycled in existing polyolefin recycling streams, said Amcor.

-Oerlikon on the journey to tomorrow’s materials

Oerlikon Manmade Fibers segment and its brands Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven offer technologies that lay the foundation for many applications. © Oerlikon

Oerlikon Manmade Fibers segment and its brands Oerlikon Barmag, Oerlikon Neumag and Oerlikon Nonwoven offer technologies that lay the foundation for many applications. © Oerlikon

Oerlikon will be showing chemical fibre applications made of polyester and polypropylene and what they can do in these fields at the upcoming Techtextil in Frankfurt next month. “However, these exhibits are only a communicative means to an end, as Oerlikon is primarily interested in placing the associated machinery and plant solutions at the centre of discussions with trade fair visitors,” the company explains.

-TMAS to focus on customer service, innovation at ITMA

TMAS to focus TMAS, the Swedish texile machinery manufacturers’ association, will focus on customer service aligned with the drive to constantly innovate at ITMA beginning from June 20 in Spain. Talking about Industry 4.0, the week-long exhibition will be the place for concrete solutions as to how data and the new tools we have available can be exploited to the full.

“All of the Swedish textile machinery companies are doing really well in major markets such as Europe, China, India and the US,” said TMAS secretary general Therese Premler-Andersson. “They are now gathering forces to prepare for the most important show – ITMA 2019 in Barcelona in June. I expect to see new players and partnerships as we enter the industry 4.0 era for real. on customer service, innovation at ITMA

-TMAS to focus on customer service, innovation at ITMA

TMAS to focus TMAS, the Swedish texile machinery manufacturers’ association, will focus on customer service aligned with the drive to constantly innovate at ITMA beginning from June 20 in Spain. Talking about Industry 4.0, the week-long exhibition will be the place for concrete solutions as to how data and the new tools we have available can be exploited to the full.

“All of the Swedish textile machinery companies are doing really well in major markets such as Europe, China, India and the US,” said TMAS secretary general Therese Premler-Andersson. “They are now gathering forces to prepare for the most important show – ITMA 2019 in Barcelona in June. I expect to see new players and partnerships as we enter the industry 4.0 era for real. on customer service, innovation at ITMA

April contract price MEG Europe

April contract price of MEG in Europe remained at the level of March

April contract price MEG Europe

MOSCOW- The contract price of monoethylene glycol (MEG) for April in Europe was finally agreed at the level of EUR775 per tonne, which corresponds to the level of the previous month, ICIS reported.

The contract price of the MEG for February shipments was agreed on the terms of delivery FD NWE (with delivery to North-Western Europe).

Thus, on April 25, the contract price for the material was agreed between one buyer and one seller on the European market, along with the negotiation of the March contract price of IEG, and then on April 26, a second agreement was reached by the second buyer and the second seller.April contract price MEG Europe

Thus, the necessary configuration was reached to approve the contract price: confirmation was received from two producers / sellers and two consumers / buyers.

Negotiations on the contract price of MEG both in March and April were very long due to rising production costs, which contrasted with the availability of the material on the market and against downward pressure from the spot market.

Earlier it was noted that at the end of last week the March contract price of MEG in the European market was agreed at EUR15 per tonne higher than February, while the February contract price of MEG in Europe was set at EUR760 per tonne, which is EUR30 per tonne lower than January this year.

MEG along with terephthalic acid (TFA) is one of the main components for the production of polyethylene terephthalate (PET).

According to the ICIS-MRC price review , during April there were no dramatic changes in the Russian PET market. Before the beginning of the season of peak demand for granules and preforms, the market situation is calm. Asian quotes for raw materials and PET declined last week, which has a downward pressure on the cost of Russian material in the near future.

mrcplast.ru

Author:                Margarita Volkova

Uflex Group biodegradable film

Uflex Group has begun construction of a biodegradable film plant in the Moscow region

Uflex Group biodegradable film

On 10 February, in the Moscow Region, in the Special Economic Zone (SEZ) “Stupino Square” began construction of a plant owned by the Indian company Uflex Group, reports the press service of the SEZ.

The Russian plant Uflex Group received in the SEZ an area of ​​100 thousand sq. M. t (10 hectares) and plans to produce a biodegradable film that meets all modern environmental requirements, the press service of the SEZ. The opening of the plant is scheduled for 2020. By this time, about 150 jobs will be created at the plant, and investments in the project will amount to more than USD75 million.

In the Moscow region in (SEZ) “Stupino Kvadrat” plant Uflex Group (managing director of the Uflex Group Ashok Chaturvedi with his wife) was founded Photo: (SEZ) “Stupino Kvadrat”.Uflex Group biodegradable film

The Uflex Group managing director Ashok Chaturvedi and his wife and a delegation from India arrived in Moscow to lay the stone and the ritual of opening to Moscow. According to the Russian tradition, the dear guests were greeted with bread and salt and solemnly held to the site of the future plant construction for carrying out the Puja ritual according to the Indian tradition.

Chairman of the Board and Managing Director of the Uflex Group, Ashok Chatuverdi, at the event, said that this is “an example of when the authorities and private investors, working hand in hand, created a real oasis for domestic and foreign manufacturers.” “We decided to purchase the site immediately after the first conversation. The main thing is a well-coordinated team and amazing service – they made the company, helped with the preparation of a business plan, with a work permit, provided a workplace in coworking. We can say we are happy!” Junaid Khan, CEO of the Uflex Group.

 

Ekaterina Evdokimova, managing partner of the Stupino Kvadrat SEZ, thanked the Moscow Region and personally Governor Vorobyov Andrei Yuryevich, as well as the Minister of Investment and Innovations of the Moscow Region Khromov Vadim Valerianovich for their assistance in the project.

The construction of the enterprise is of high importance not only for the Moscow region, but also for the region as a whole. Having production in the SEZ, the resident gets the opportunity to significantly save on taxes, create his own customs control zone and import equipment and raw materials free of duties and VAT.

Polymers Polyamide Petrochemical Prices

Polymers Polyamide Petrochemical Prices

Polyestertime

ITEM22/04/201929/04/2019+/-
Bottle grade PET chips domestic market8,450 yuan/ton8,250 yuan/ton-200
Bottle grade PET chips export market1,095 $/ton1,070 $/ton-25
Filament grade Semidull chips domestic market7,725 yuan/ton7,575 yuan/ton-150
Filament grade Bright chips domestic market7,875 yuan/ton7,675 yuan/ton-200
Pure Terephthalic Acid PTA domestic market6,520 yuan/ton6,575 yuan/ton+55
Pure Terephthalic Acid PTA export market850 $/ton845 $/ton-5
Monoethyleneglycol MEG domestic market4,660 yuan/ton4,550 yuan/ton-110
Monoethyleneglycol MEG export market598 $/ton575 $/ton-23
Paraxylene PX FOB  Taiwan market966 $/ton951 $/ton-15
Paraxylene PX FOB  Korea market947 $/ton932 $/ton-15
Paraxylene PX FOB EU market840 $/ton840 $/ton-70
Polyester filament POY 150D/48F domestic market8,850 yuan/ton8,425 yuan/ton
-425
Recycled Polyester filament POY  domestic market8,450 yuan/ton8,150 yuan/ton-300
Polyester filament DTY 150D/48 F domestic market10,350 yuan/ton10,050 yuan/ton-300
Polyester filament FDY 68D24F domestic market 10,350 yuan/ton9,500 yuan/ton-850
Polyester filament FDY 150D/96F domestic market9,400 yuan/ton8,950 yuan/ton-450
Polyester staple fiber 1.4D 38mm domestic market8,870 yuan/ton8,680 yuan/ton-190
Caprolactam CPL domestic market14,380 yuan/ton14,400 yuan/ton
+20
Caprolactam CPL overseas  market1,720 $/ton1,720 $/ton
Nylon6 chips overseas  market2,090 $/ton2,090 $/ton
Nylon6 chips conventional spinning domestic  market15,050 yuan/ton14,800 yuan/ton-250
Nylon6 chips  high speed spinning domestic  market15,500 yuan/ton15,400 yuan/ton-100
Nylon 6.6 chips domestic  market29,100 yuan/ton28,500 yuan/ton-600
Nylon6 Filament POY 86D/24F domestic  market18,200 yuan/ton18,000 yuan/ton-200
Nylon6 Filament DTY 70D/24F domestic  market21,000 yuan/ton21,000 yuan/ton-200
Nylon6 Filament FDY  70D/24F  domestic  market19,300 yuan/ton19,000 yuan/ton-300
Spandex 20D  domestic  market39,500 yuan/ton39,000 yuan/ton-500
Spandex 30D  domestic  market38,500  yuan/ton38,000  yuan/ton-500
Spandex 40D  domestic  market32,800  yuan/ton32,500  yuan/ton-300
Adipic Acid domestic market8,050 yuan/ton8,000 yuan/ton-50
Benzene domestic market4,480 yuan/ton4,400 yuan/ton-80
Benzene overseas  market636 $/ton631 $/ton -5
Ethylene South East market915 $/ton890 $/ton-10
Ethylene NWE  market1,085 $/ton1,078 $/ton-7
Acrylonitrile ACN  domestic market14,300 yuan/ton14,600 yuan/ton+300
Acrylonitrile ACN  overseas market1,800 $/ton1,850 $/ton+50
Acrylic staple fiber ASF  domestic market16,900 yuan/ton16,900 yuan/ton
Viscose Staple Fiber VSF  domestic market12,400 yuan/ton12,300 yuan/ton-100
PP Powder domestic market8,780 yuan/ton8,650 yuan/ton-130
Naphtha overseas market  584 $/ton608 $/ton+24
Phenol domestic market 7,813 yuan/ton7,813 yuan/ton
PS Taiwan 5250 GPPS1,320 $/ton1,309 $/ton-11
PS Taiwan 8250 HIPS1,375 $/ton1,375 $/ton
LDPE CFR Far East 1,042 $/ton1,042 $/ton
LLDPE CFR Far East1,0021,022 $/ton1,022 $/ton
LDPE   FOB Middle East1,01,027 $/ton1,027 $/ton
LLDPE FOB Middle East1,007 $/ton1,007 $/ton
HDPE CFR Far East1,067 $/ton1,052 $/ton-15
LDPE FD Northwest Europe 1,093 €/ton1,093 €/ton
LLDPE FD Northwest Europe 1,063 €/ton1,063 €/ton
Homopolymer PP CFR Far East1,120 $/ton1,118 $/ton-2
Homopolymer PP FD NWE1,201 €/ton1,201 €/ton

Polymers Petrochemicals Circular Economy 29-04-2019

Polymers Polyamide Petrochemical Prices

Polymers Petrochemicals Circular Economy

Crude Oil Prices Trend

-April contract price of MEG in Europe remained at the level of March

The contract price of monoethylene glycol (MEG) for April in Europe was finally agreed at the level of EUR775 per tonne, which corresponds to the level of the previous month, ICIS reported.

The contract price of the MEG for February shipments was agreed on the terms of delivery FD NWE (with delivery to North-Western Europe).

-Uflex Group has begun construction of a biodegradable film plant in the Moscow region

On 10 February, in the Moscow Region, in the Special Economic Zone (SEZ) “Stupino Square” began construction of a plant owned by the Indian company Uflex Group, reports the press service of the SEZ.

The Russian plant Uflex Group received in the SEZ an area of ​​100 thousand sq. M. t (10 hectares) and plans to produce a biodegradable film that meets all modern environmental requirements, the press service of the SEZ. The opening of the plant is scheduled for 2020. By this time, about 150 jobs will be created at the plant, and investments in the project will amount to more than USD75 million.

-Karl Mayer to display latest textile solutions at ITMA

Karl Mayer, Germany’s leading textile machinery company, will be presenting state-of-the art technology and best-of-textile solutions for warp knitting, warp preparation, and technical textiles at ITMA 2019, in stand 8.0/B107. ITMA, the leading international textiles and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain.

The visitors can expect a display of highly efficient, complete solutions for production, which will give them the edge over their competitors in the long term. The show includes flexible, trendsetting machines with excellent cost:benefit ratios for use in warp knitting, innovations in warp sampling, and direct warping for the warp preparation sector, a completely new machine for composite materials, and new products of the software trendsetter of the industry, KM.ON.

-US Eastman hopes trade dispute with China will settle in Q2

Eastman is hoping that the US-China trade dispute will be settled at some point in the second quarter, thus removing uncertainties over the outlook for the Chinese economy, executives of the US-headquartered specialty chemicals producer said on Friday.

Containers at the port of Qingdao, China. Source: Sipa Asia/REX/Shutterstock

The trade issues affected Eastman in the first quarter, in particular its advanced materials, fibres, and additives & functional products segments, CEO Mark Costa and CFO Curt Espeland told analysts during the company’s Q1 earnings call.

-Exal Study: Most Will Pay More for Eco-Friendly Packaging

A study conducted by Exal Corp. and Boston Consulting Group shows that a majority of Americans are willing to pay more for beverages with eco-friendly packaging.

According to the report, 55% of survey participants said they are willing to pay least 5% more for beverages contained in green packaging, while 47% were willing to pay that much more for personal care products that come in environmentally friendly packaging.

-Russian ban on Ukrainian imports to affect enterprises

Russia’s new restrictions on Ukrainian light industry imports would affect the export volume of these goods, operation of enterprises and jobs as despite export of light industry products to Russia falling by 26 per cent last year compared to 2017, it totaled $73.6 million, which was 6 per cent of the total such exports of the country, according to Ukrlegprom.

In 2018, the key groups of goods exported to Russia were knitted clothing (20.9 per cent), shoes (20.5 per cent), cotton wool and non-woven materials (17.8 per cent), synthetic and artificial fabrics (11.6 per cent), household textiles (11.4 per cent), carpets (3.3 per cent) and textile clothing (2.7 per cent), Ukrlegprom, the Ukrainian Association of enterprises of textile and leather industry, said on its website.

-Feiplastic ’19: Tricon unveils new sustainability initiative

Tricon Energy has unveiled a new sustainability initiative called Eco-Tricon, said Pierre Baron, CEO of Tricon Do Brazil, on the sidelines of this year’s Feiplastic.

The new initiative is part of the company’s corporate social responsibility and will make several additions to the company’s operations in Brazil.

These will include monthly lectures about segregation, recycling, water pollution and contamination and the impact of plastic waste on the environment. These educational efforts will start with Tricon employees and then expand to neighbourhoods and communities.

Tricon has also introduced recycling containers in cooperation with local municipal authorities which will be placed in Tricon’s office building as well as throughout the neighbourhood.

-Gerber to show solution for mass production at Texprocess

Gerber is set to display its industry-leading, end-to-end solution to support on-demand bespoke design through production as well as mass production at Texprocess expo, in hall 4.0, stand B31. The company will also participate in the Smart Textiles Micro-Factory exhibit. Texprocess is a leading trade fair for processing textile and flexible materials.

Gerber is pioneering the end-to-end process by providing their customers with a full suite of cutting-edge solutions that increase creativity, productivity and efficiency. The 50-year-old industry leader will be showcasing how their end-to-end solutions passed a real world test as they reveal the Waldrip Collection by Gerber. The collection is a collaboration between Gerber and designer Stephanie London.

-Skeleton Technologies to invest €25 million in German plant

Skeleton Technologies, an Estonia-based company that produces graphene-based supercapacitors and energy storage systems, is to invest €25 million in its plant located in the German state of Saxony. With this investment, Skeleton aims to expand its research and development as well as scale its production.

Skeleton Technologies to invest €25 million in German plant

“In 2017, we announced our first stage in Saxony — €6.2 million were invested in the production of ultracapacitors in Großröhrsdorf,” Skeleton co-founder and CEO Taavi Madiberk said in a press release. “We have successfully entered the market and helped save fuel and reduce emissions from buses, trucks, railway vehicles and industrial machinery”.

-Why are investors so interested in Saudi Arabia?

The New York Times editorial board recently published an editorial bemoaning corporations’ continued interest in investing in Saudi Arabia.

The article highlighted a few reasons for Saudi Arabia’s attractiveness to foreign capital, but provided little context to those reasons, which may be why the board remains puzzled.

Here is a little more on what makes Saudi Arabia eye-catching to foreign investors.

To start with, it is instructive to see what investors think about when they consider investing in a foreign country.

There are two main questions that investors ask themselves.

-Donald Trump’s Iran oil sanctions may severely damage India’s economy (and the world’s)

The United States has announced it will not renew the exemptions given to eight countries, including India and China, that enable them to buy Iranian oil.

The United States has unnerved the world oil market by ramping up the pressure in its long-running dispute with Iran.

It has announced that, after May 1, it will not renew the exemptions given to eight countries that enable them to buy Iranian oil.

Those affected, including China, India, Japan, Italy and South Korea, will face sanctions from Washington if they do not comply.

The move will likely squeeze global oil supply at a time when it is already struggling from disruptions in Venezuela, Libya and Nigeria.

-If we care about plastic waste, why won’t we stop drinking bottled water?

We have all seen the damage plastic waste is doing around the world – but sales of bottled water have continued to grow

For all the innovation and choice that define the food and drink industries, if you want to make money, you could do a lot worse than bung some water in a bottle and flog it.

A litre of tap water, the stuff we have ingeniously piped into our homes, costs less than half a penny.

A litre of bottled water can cost well over a pound, especially for something fancy that has been sucked through a mountain.

-OPEC Unfazed By Potential Supply Shortage

On Monday, in a decision that rocked oil market participants around the world, the Trump administration announced that they will not be renewing or extending oil waivers they had granted to eight counties allowing them to continue purchasing Iranian oil in reduced quantities despite U.S. sanctions.

The original six-month grace period granted by these “significant reduction exceptions” ends on May 1, and Washington is demanding that the nations previously allowed to continue buying Iranian crude immediately and unilaterally cut Tehran off.

For many, the decision came as a shock, and many nations dependent on Iranian oil are now scrambling to determine just what that means for the future.

-Iran: Leaving nuclear treaty one of ‘many options’ after US sanctions move

Foreign Minister Javad Zarif tells state broadcaster that authorities are considering “numerous” options in response to U.S. ending waivers for import of oil from Iran. Meanwhile, Iran’s chief of staff says U.S. Navy has not changed its protocol regarding the now-blacklisted Revolutionary Guards.

Iran said on Sunday it could quit a treaty against the spread of nuclear weapons after the United States tightens sanctions, while an Iranian general said the U.S. Navy was interacting as before with an elite military unit blacklisted by Washington.

-Abu Dhabi bodies commit towards circular economy

The Ministry of Climate Change and Environment, MOCCAE, has formed a coalition teaming up with several government and private bodies in order to advance a circular economy in the capital of the UAE.

The coalition will pilot a closed loop recycling model for plastic bottles, beverage cartons, and other packaging in Abu Dhabi.

The cooperating companies and entities include BASF, Borouge, Tetra Pak, Carrefour, Coca-Cola, Dow Chemicals, Environment Agency Abu Dhabi, Gulf Petrochemicals and Chemicals Association, McDonald’s UAE, Nestlé, Procter &Gamble, PepsiCo, Unilever and Emirates Nature – WWF.

-Miroglio Fashion, we will go abroad with targeted agreements and joint ventures (Italian Language Only)

President Elena Miroglio: we want to grow across the border. The model is the Turkish and Russian agreements

The results of the restyling and of the new openings for 430 shops. Another 120 interventions this year

The dispute with the cousins: “It is a groundless action and has no impact on operations”
Last week Miroglio Fashion, the Miroglio group company (parent company of the family) dedicated to fashion brands (from Elena Mirò to Oltre, from Motivi to Fiorella Rubino and Luisa Viola, among others) changed its CEO, with the release of Hans Hoegstedt and the entrance of Gaetano Sallorenzo.

If Hoegstedt had the task of repositioning the brands and revising the distribution structure, Sallorenzo has today instead of «transforming the structure making it leaner and accompanying brands towards greater autonomy, digitization and internationalization», says Elena Miroglio , president of Miroglio Fashion.

Polymers Petrochemicals Shale Oil 27-04-2019

-EuPC launches platform for monitoring recycled plastics usage / Available to plastics converters in six EU countries

As previously announced European Plastics Converters (EuPC, Brussels / Belgium; www.plasticsconverters.eu) has launched the online platform “MOnitoring Recyclates for Europe” .

The platform is to register the plastics converting industry’s efforts to reach the European Commission’s target, which aims to ensure that 10m t of recycled plastics are incorporated into new products on the EU market by 2025 .

Both mechanical and chemical recycling volumes will be monitored.

Polymers Petrochemicals Shale Oil

-LyondellBasell Industries N.V. filed 10-Q

Senior Notes due 2019-In February 2019, proceeds from the new senior unsecured term loan credit agreement discussed below were used to redeem the remaining $1,000 million outstanding of our 5% Senior Notes due 2019 at par. In conjunction with the redemption of these notes, we recognized non-cash charges of less than $1 million for unamortized debt issuance costs and $8 million for the write-off of the cumulative fair value hedge accounting adjustment related to the redeemed notes.

Commercial Paper Program-We have a commercial paper program under which we may issue up to $2,500 million of privately placed, unsecured, short-term promissory notes (‘commercial paper’). This program is backed by our $2,500 million Senior Revolving Credit Facility. Proceeds from the issuance of commercial paper may be used for general corporate purposes, including dividends and share repurchases.

-Oil dips but set for milestone run of weekly gains

LONDON: Oil prices dipped on Friday on expectations that OPEC will raise output to counter shrinking exports from Iran after sanctions imposed by the United States, where crude stocks have swelled.

Prices are still on course though for the longest run of weekly gains in years, as oil markets have tightened amid an OPEC output cut deal, sanctions on Venezuela and Iran and unsteady production in Libya.

Brent crude futures were at $74.24 per barrel at 0829 GMT, down 11 cents. U.S. West Texas Intermediate (WTI) crude futures were at $64.96 per barrel, down 25 cents.

The dip followed Brent’s rise above $75 per barrel for the first time this year on Thursday after Germany, Poland and Slovakia suspended imports of Russian oil via a major pipeline, citing poor quality.

-Baltex to unveil Advanced Surface Technology innovations at Techtextil

UK based warp knitted technical textiles specialist Baltex will be showcasing a number of its latest innovations under the banner Advanced Surface Technology (AST) at the forthcoming Techtextil, which takes part in Frankfurt, Germany from 14-17 May 2019. Visitors can find out all about Baltex’ AST in Hall 3.1 stand G26.

“AST represents a further step in our focus on 3XD Spacer Fabrics,” commented Charles Wood, Baltex managing director.

-Feiplastic ’19: BASF highlights ecovio compostable resin

During Feiplastic, BASF highlighted its biodegradable and compostable plastic, called ecovio, which it is marketing to meet new bag regulations in Uruguay and sustainability trends in Brazil, officials said on Thursday.

The material is made from polylactic acid (PLA) and polybutylene adipate terephthalate (PBAT), said Murilo de Barros Feltran, BASF product management & marketing manager, performance materials – South America. He made his comments on the sidelines of the Feiplastic trade show.

PLA is made from lactic acid, which is produced by fermenting sugars, he said. PBAT is made by a combination of renewable and nonrenewable feedstock.

-Feiplastic ’19: BASF highlights two nylon grades

During Feiplastic, BASF highlighted two new nylon grades that are intended to provide the aesthetic qualities of other materials while providing the durability of polyamides, officials said on Thursday.

Ultramid Deep Gloss is intended to match the glossy surfaces that characterise styrenics, said BASF director of performance materials for South America. He made his comments on the sidelines of the Feiplastic trade show.

At the same time, the material will also provide the chemical, mechanical and thermal resistance that are typical of polyamides.

-Performance Days to display fabrics with special benefits

Performance Days will display extraordinary fabrics with special benefits under the topic ‘Beyond Conventional Function’ at the Performance Forum. ‘The Beauty Of Function’ is the main theme at the trade fair for functional fabrics and accessories to be held on May 8-9, 2019 in Munich. The show will present functional fabrics for sports and work clothing.

Around 300 exhibitors will present various interpretations of beauty across all categories in their functional fabrics.

The Performance Jury have selected fabrics from well over 1,100 manufacturer submissions; not only fabrics with an interesting look and feel with essential functions like climate regulation and weather protection for sports, but also fabrics that provide the wearer of the garment with additional benefits and special comfort, according to a press release on the show.

-Europe PET market weighs up options for peak season amid PX weakness

The European polyethylene terephthalate (PET) market is being pulled in different directions for May, just as the peak season should be gathering momentum.

– Demand moderate

– Sellers hope activity will pick up with season

– ‘General trend a concern, creating a downward spiral’ – trader

Demand has been moderate and the mood in general far from buoyant, yet sellers are holding onto the hope that the seasonality of the product will prevail.

Spring/summer is usually boom time for sales of PET bottles.

Weather conditions have been unpredictable and production cost expectations have been variable.

-Construction of SOCAR, BP’s petrochemical plant in Turkey to commence by 2020

Azerbaijan’s state energy company SOCAR and British petroleum giant BP seek to commence the construction of a $1.8-billion petrochemical plant in Turkey by the end of 2020, with completion expected by 2023

The State Oil Company of the Azerbaijan Republic (SOCAR), the largest direct foreign investor in Turkey, and BP plan to start construction of a new petrochemical plant in Turkey at the end of 2020, according to SOCAR’s Turkey Enerji project director.

BP and SOCAR in late 2018 signed a Heads of Agreement (HoA) to evaluate the formation of a joint venture to build and operate a world-class petrochemicals complex in Turkey.

Paraxylene PX prices Asia

Paraxylene prices in Asia fell by USD25 per ton 

Paraxylene PX prices Asia

MOSCOW  – Paraxylene prices fell on April 25 in Asia by USD25 per tonne, ICIS reports.

Spot prices on the market amounted to USD949-951 per tonne, which is USD25 lower compared to the previous day.

Proposals for delivery in June were at USD950 per tonne, CFR main ports of Taiwan / China.Paraxylene PX prices Asia 

The deal for delivery in June was concluded at USD947 per tonne, CFR main ports of Taiwan and China.

Para-xylene is a raw material for the synthesis of terephthalic acid (TPA), a semi-product for the production of polyethylene terephthalate (PET).

According to ScanPlast Company Market Report, in Russia the total estimated consumption of PET in February 2019 increased by 22% compared to the same month last year and amounted to 56.94 thousand tons.

This growth is associated with an increase in the volume of material production by Russian manufacturers (by 11%), a decrease in total exports of Russian PET (by 56%) and a slight increase in imports (by 7%).

According to the results of January – February, the total estimated PET consumption in the Russian Federation increased by 34% and amounted to 118.89 thousand tons.

mrcplast.ru

Author:   Anna Larionova

Spot monoethylene glycol Asia

Spot prices of imported MEG in Asia are falling 

Spot monoethylene glycol Asia

MOSCOW – The spot prices of imported monoethylene glycol (MEG) in Asia have declined amid a large supply of material on the market, ICIS reported.

The supply of MEG suppliers at the end of April fell to USD580-583 per ton, CFR CMP, compared with prices agreed by buyers – USD572-575 per ton, CFR CMP.

Meanwhile, price proposals for the second half of May were at the level of USD585 per ton, CFR CMP versus proposals at USD580 per ton, CFR CMP.

Prices declined as suppliers began to actively offer stocks in warehouses on the spot, which put downward pressure on spot prices.  However, this led to an increase in trading activity.

MEG is one of the key raw materials for the production of polyethylene terephthalate (PET). Spot monoethylene glycol Asia

According to the ICIS-MRC Price Review , in mid-April, the calm situation remains on the Russian PET market.  There are no signs of a current or possible future shortage of material on the market.  The cost of free spot volumes from Russian producers is growing.  External background remains neutral and does not contribute to a significant increase in contract prices in the next month.  It is expected that the formula prices in May will remain at a level below 100 thousand rubles.  per ton, CPT Moscow, including VAT.

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemicals Graphene Oil 26-04-2019

  • China Polyethylene Terephthalate
  • PET and its chain continue to be weak, with the PX losing 2,5%.
  • Crude oil is on high price,but steady .
    • Polyamide 6 and its chain are steady,but continue to be weak.

    PET Bottle grade export 1,040/1,070 $/ton PET Bottle grade domestic market 8,200/8,350 yuan/ton PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,700/7,800 yuan/ton

 

  • PTA Taiwan 840/850 $/ton PTA domestic market 6,500/6,600 yuan/tonMEG  580/590 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 925/935 $/ton

 

  • Polyester POY 150D/48F  domestic market 8,600/8,700  yuan/tonPolyester DTY 150D/48F  domestic market 10,150/10,250  yuan/tonPolyester Staple PSF domestic market 8,700/8,850  yuan/ton

Polymers Petrochemicals Graphene Oil

-Paraxylene prices in Asia fell by USD25 per ton 

Paraxylene prices fell on April 25 in Asia by USD25 per tonne, ICIS reports.

Spot prices on the market amounted to USD949-951 per tonne, which is USD25 lower compared to the previous day.

Proposals for delivery in June were at USD950 per tonne, CFR main ports of Taiwan / China.

The deal for delivery in June was concluded at USD947 per tonne, CFR main ports of Taiwan and China.

Polymers Petrochemicals Graphene Oil

Crude Oil Prices Trend

Polymers Petrochemicals Graphene Oil

-Spot prices of imported MEG in Asia are falling 

The spot prices of imported monoethylene glycol (MEG) in Asia have declined amid a large supply of material on the market, ICIS reported.

The supply of MEG suppliers at the end of April fell to USD580-583 per ton, CFR CMP, compared with prices agreed by buyers – USD572-575 per ton, CFR CMP.

Meanwhile, price proposals for the second half of May were at the level of USD585 per ton, CFR CMP versus proposals at USD580 per ton, CFR CMP.

-Tupperware to debut products made from Sabic’s certified circular polymers

circular economy conceptOne of the biggest and oldest brand names in housewares, Tupperware (Orlando, FL) has announced that it is collaborating with chemicals company Sabic (Riyadh, Saudi Arabia) to introduce certified circular polymers into its product offerings. The collaboration highlights the shared commitment by both companies to advance a more circular economy, where plastic waste and materials are used, reused and repurposed to continue their lifecycle, said the press release.

Starting this summer, Tupperware will begin introducing the certified circular polymers from Sabic in new products that aid in the reduction of single-use plastic products, including a portable, reusable straw and on-the-go coffee cup.

-The Recyclate Initiative grows ahead of PLMA trade show

The ECC Ecological Cleaning and Care of the Werner & Martz group is to present the Recycling Initiative with its cooperation partners, at the Private Label Manufacturers Association trade show in Amsterdam.

The shared goal of the Initiative is the development of sustainable material cycles in which materials from the Yellow Bag source are used, and to work towards a closed-loop system.

At a shared booth at the PLMA show, the Initiative will show the entire cycle of a PET and HDPE bottle made from recyclates, from the collection of plastic waste in the Yellow Bag and the processing of recycled plastic into new packaging to the product on the retail shelf.

-New type of plastic is a recycling dream

These plastics can easily be disassembled to chemical building blocks.

Recycling sounds great in principle (because it is), but a frustrating number of devils lurk in the details. For example, while some materials like aluminum can readily be melted down and turned right back into new aluminum cans, recovered plastics tend to be lower quality than “virgin” material. That’s because recycled plastic retains some of its previous properties—like Lego bricks that can’t be separated. The next plastic you make won’t be exactly the same type, and the recycled material won’t fit perfectly into its new spot.

To improve this situation, plastics engineers want to create new materials that can cleanly and easily break down to the most basic components—individual Lego bricks that can be reassembled into absolutely anything. The difficulty of this task is increased by all the pigments, flame retardants, and other additives used in plastics. But a group led by Lawrence Berkeley National Laboratory’s Peter Christensen has developed a new plastics process that conquers these challenges.

-India-Russia to strengthen bilateral trade

In an attempt to fulfill the aspirations of the Indo-Russian business fraternity, the first ever national level participation in the sixth edition of the Irkutsk International Trade Fair, Irkutsk, Russia (August 21 to 24, 2019) is being organised by the India Trade Promotion Organisation (ITPO) at the Irkutsk Exhibition Complex in Russia.

The event aims to carry forward the momentum to further strengthen the bilateral trade relations and provide an excellent business platform to the Indian companies in Russia’s untapped Balkan region.

The event will feature bonhomie of the people of Russia towards Indian products as they have a special place in their hearts.

Significantly, the event will be visited by the companies from main cities of Siberia, Russia and India’s neighboring countries like China, Mongolia, Kazakhstan, Ukraine, Belorussia and so on.

-Southeast Asia PP braces for bumpy second half

Southeast (SE) Asia’s polypropylene (PP) market looks set 
to embark on a bumpy second half of 2019 as new capacities begin creeping in from regional start-ups.

Spot PP flat yarn grade prices regained some ground late in Q1 2019, after plummeting to yearly lows in December 2018.

A flood of cargoes from India descended on the Chinese market late in 2018 as producers there sought to clear built-up inventories. The SE Asia market was not spared, and spot prices came under pressure, with all-origins PP flat yarn spot prices bottoming out at $1,095/tonne CFR (cost and freight) SE Asia in January 2019.

-Amco now offering Sabic specialties

Both sides are expected to benefit from materials maker Saudi Basic Industries Inc.’s recent decision to link up with distribution firm Amco Polymers LLC.

Amco in February became an authorized distributor of Sabic’s portfolio of specialty materials, including Noryl-brand polyphenylene ether, Ultem-brand polyetherimide, LNP-brand compounds and its full range of polycarbonate-based high-performance copolymers. The deal covers the U.S., Canada and Mexico.

“We’ll benefit from a customer perspective by providing increased access to these materials,” Sabic customer fulfillment director Cathy Hess said in an April 23 phone interview. “We see this as an extension of our own commercial team.”

Hess said LNP was “a valuable brand” for Sabic and that the copolymers now being distributed by Amco were “PC on steroids.”

-PET April 2019 Price Review

February’s rollover was not on a firm footing and in March, the European PET contract prices tended somewhat firmer due to the rising paraxylene reference.

Continued subdued demand was the key factor in ensuring stability for medium-to-large volumes, while very small orders often had to part with the small discount that had been achieved in February again.

-Saudi Arabia Will Cap The Oil Price Rally

The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million barrels per day from the market.

Although Rystad Energy anticipated a further tightening of sanctions, the details in the announcement have led us to revise our forecast downward for Iranian crude production.

Rystad Energy forecasts that production will drop to 2.27 million bpd for the second half of 2019, reaching this level by July 2019, which equates to a drop of 0.43 million barrels per day (bpd) from current March 2019 levels.

The net effect for the oil market is bullish, as the market will lose more supply from Iran, mostly of medium-sour and heavy-sour quality.

-Rising oil prices could prevent a world economic rebound

The risk of an oil-price shock is increasing

The sense of pessimism that hung over the world economy early this year has begun to lift in recent weeks.

Trade flows are picking up in Asia, America’s retail sales have been strong, and even Europe’s beleaguered manufacturing industry has shown flickers of life. But it would not take much bad news to reinstate the gloom.

One threat is that oil prices continue their upward march—on April 23rd the price of a barrel of Brent crude exceeded $74, the highest level for nearly six months. Though the dynamics of the oil market have changed over the past decade, dearer oil still acts as a drag on global growth.

-Asia benzene higher on buoyant crude, arbitrage play to US

Asia’s benzene prices extended gains on the back of buoyant crude market and continued arbitrage play to the US.

Busan container port in South Korea (Photo by Jeon Heon-Kyun/EPA-EFE/REX/Shutterstock)

Spot prices increased to $650/tonne FOB (free on board) Korea this week, from $544.5/tonne FOB Korea in late March, when prices slumped due to a start-up of a new plant in China, ICIS data showed.

Firm crude futures amid positive economic data from China and concerns about supply tightness due to OPEC-led cuts and US sanctions on Iran and Venezuela provided ballast for Asian benzene market.

US crude futures topped $66/bbl, while Brent crude bested $74/bbl in recent trades.

-Corrected: Feiplastic ’19: INEOS Styrolution seeks more ways to recycle PS

Correction: In the ICIS story headlined “Feiplastic ’19: INEOS Styrolution seeks more ways to recycle PS” dated 24 April 2019, please read in the fourth paragraph … has entered into a joint development agreement … instead of … joint venture agreement … A corrected story follows.

INEOS Styrolution is looking for more ways to recycle polystyrene (PS) after recent partnerships have developed different technologies to break down the resin into its monomers, an executive said.

Agilyx is using pyrolysis to break down PS into styrene oil at its plant in Tigard, Oregan, said Alexander Gluck, president, Americas, INEOS Styrolution. He made his comments on the sidelines of the Feiplastic plastic trade show.

Agilyx is providing the resulting styrene oil to INEOS Styrolution and AmSty, which are using it to make PS.

-Stoll presents innovative knitting solutions at Techtextil & Texprocess

Leading flat knitting machinery manufacturer Stoll will be exhibiting at Techtextil (Hall 3.0, booth F39), the leading international trade fair for technical textiles and nonwovens, which takes place in Frankfurt from 14-17 May this year. International exhibitors will be showing the entire spectrum of technical textiles, functional clothing textiles and textile technologies at the show.

In parallel with the Techtextil, exhibitors will also be presenting the latest machines, systems, processes and services for the production of clothing as well as textiles and flexible materials at Texprocess, which takes place at the same time at the same Messe Frankfurt venue. Stoll will be exhibiting together with DITF (German Institute for Textile and Fiber Research) at Texprocess in Hall 4.1 – booth D45.

Polymers Petrochemicals Bottles Recycling 25-04-2019

  • China Polyethylene Terephthalate
  • PET and its chain continue to be weak .
  • Crude oil is on high price,but steady .
    • Polyamide 6 and its chain are steady,but weak.

    PET Bottle grade export 1,050/1,080 $/ton PET Bottle grade domestic market 8,250/8,350 yuan/ton PET Filament grade SD domestic market 7,600/7,700 yuan/ton – PET Filament grade BR domestic market 7,750/7,850 yuan/ton

 

  • PTA Taiwan 835/845 $/ton PTA domestic market 6,500/6,600 yuan/tonMEG  590/600 $/ton – MEG domestic market 4,500/4,600 yuan/tonPX Korea 945/955 $/ton

 

  • Polyester POY 150D/48F  domestic market 8,650/8,800  yuan/tonPolyester DTY 150D/48F  domestic market 10,200/10,300  yuan/tonPolyester Staple PSF domestic market 8,800/9,000  yuan/ton

Polymers Petrochemicals Bottles Recycling

-Recycled plastic mandate advances in California

A bill that would require 100 percent post-consumer recycled plastic to be used in beverage containers by 2035 is gaining traction in America’s most populous state.

Under Assembly Bill 792, beverage containers would be subject to phased-in recycled plastic mandates, ultimately leading to 100 percent recycled plastic required in each container. The legislation was introduced in late February by Philip Ting, a Democrat in the California Assembly who represents a district that includes much of San Francisco.

By 2021, beverage containers would be made with at least 25 percent post-consumer recycled plastic. That would increase to 50 percent in 2025, 75 percent in 2030 and 100 percent by 2035.

The requirement would only cover bottles included in the California Redemption Value (CRV) system and would assign a single percentage for a company that takes into account usage across the business’s entire portfolio of covered products.

Polymers Petrochemicals Bottles Recycling

Crude Oil Prices Trend

-Q&A: Asia polymers show incredible growth potential

Petrochemicals firm Borouge, a joint venture between Abu Dhabi’s state-owned oil company Adnoc and Borealis of Austria, aims to increase its polymer production capacity to 10mn t/yr by 2030 from 4.5mn t/yr now. Argus spoke with chief executive Wim Roels about his plans for the company and opportunities in Asia.

Borouge has embarked on an expansion drive to boost capacity. Can you tell us more? Are there plans to move beyond polymers and into downstream chemicals?

Borouge has ambitious expansion plans. We have grown our capacity by tenfold since our company was established in 1998, and we have a vision to expand our production capacity from 4.5mn t/yr today to 10mn t/yr by 2030.

Polymers Petrochemicals Bottles Recycling

-Alexium receives US EPA approval for Alexiflam® NF

Alexium International Group Ltd (ASX:AJX, NASDAQ:AXXIY) has received US Environmental Protection Agency (EPA) approval under TSCA (Toxic Substance Control Act) for the manufacture and sale of Alexiflam® NF in the US.

The EPA approval provides Alexium with access to the largest market region for flame retardant cotton and follows the recently negotiated Memorandum of Understanding with ICL (TASE/NYSE: ICL) for the future manufacture, marketing and sales of Alexiflam® NF.

Alexiflam® NF is a patent pending flame retardant developed by Alexium for the treatment of cotton and cellulose-based textiles.

-Scientists develop low-cost energy-efficient materials

An international team of scientists from the National University of Science and Technology “MISIS” (NUST MISIS), Tianjin University (China), as well as from Japan and the United States has developed new energy-efficient iron-based alloys which combine high mechanical and magnetic properties with low cost and open up new opportunities for industry. The research results are published in the Journal of Alloys and Compounds.

Today, scientists from different countries are facing the task of creating new materials which would help to reduce losses in electricity transmission and transformation. This would lead to energy savings and help to reduce emissions of hazardous gases during production (including CO2 – one of the key factors for the greenhouse effect). Electronic devices could be reduced in size by increasing efficiency.

-Finland presents eye-opener in black plastics sorting

More than one million tonnes of black plastic scrap are wasted worldwide every year due to the lack of ‘suitable’ sorting equipment, says Finnish tech company Specim. Since the material has a value of EUR 600 per tonne, it sought a solution to recycle this tricky waste stream.

Even the most modern sorting technology struggles to detect the pigment in black plastics, says Specim ceo Tapio Kallonen. He proudly presented his company’s ‘breakthrough’, the FX50, at the annual expo organised by Plastics Recyclers Europe in Amsterdam earlier this month. Kallonen was referring to Specim’s custom-made mid-wavelength infra-red (MWIR) camera.

-Agr launches division to help self-manufacturers

A new division has been created by Agr International that focuses on assisting PET bottle self-manufacturers to optimise their production operations.

The Agr Process Performance Optimization Group offers technical assistance to maximise the productivity and efficiency of PET blowing and beverage production lines.

The self-manufacture of PET bottles by beverage producers has grown in popularity, with advantages including cost containment, reduced warehousing and transportation costs, improved inventory control and increased production flexibility.

-India faces challenge to replace Iran oil: Report

India depends on Iran for nearly 10 per cent of its oil requirements, with the US sanction drying this source by May 2, the country’s macroeconomic situation may go for a tailspin if an alternative is not found immediately.

India will have to increase its dependence on oil imports from OPEC nations such as Saudi Arabia and the United Arab Emirates (UAE). In addition, India may also have to look at US shale gas to stabilize its high oil demand, a Care rating report said on Tuesday.

“India’s dependence on Iran to the extent of almost 10 per cent of total oil imports means that the immediate challenge is to find alternative suppliers which will provide crude oil at the same competitive terms,” the report said.

-The next phase of the plant-based trend

The LEGO Group, introduced a range of sustainable LEGO elements made from plant-based plastic that’s sourced from sugarcane

Consumers are more knowledgeable than ever about the interconnectivity between the products they consume and use every day, bringing sustainable plant-based products to the forefront of the next wave of consumer demand.

According to Daymon, a research company, the next wave of progressive plant-powered solutions will go beyond simple plant-based alternatives for traditional offerings to include products that harness the power of plants to actively improve health.

According to the Daymon report, called What’s Next in Innovation, examples of trending plant-based products are Adaptogens, Ayurveda, vegan collagen, activated charcoal and pre- and probiotics nurturing the brain-gut axis are emerging as key drivers of product innovation to address growing interest in this integrative approach to everyday consumption.

-Newly Discovered Bacteria Make Plastics Rot Much Faster

Around 5 to 10 years from now a tiny organism with an unusual appetite made a home in an industrial site near a bottle-recycling plant in Sakai, Japan.

Soil and water were contaminated with polyethene terephthalate, also known as PET. This is one of the most common plastics in the world, used to make from soda bottles to space blankets. It is cheap, durable, and flexible, but it can also linger for years.

In this plastic wasteland a new bacterium species, Ideonella sakaiensis, figured out how to do something that humans have struggled to do for decades. It could break PET down and use the plastic for energy.

-Digimarc Supports International Recycling Initiatives, Explores Plastic Waste Sorting Challenges

Company signs Ellen MacArthur Foundation’s New Plastics Economy Global Commitment to tackle plastics waste at the source

Digimarc Corporation , inventor of the Intuitive Computing Platform (ICP™) featuring Digimarc Barcode, has announced its commitment to improve the reliability and efficiency of sorting plastic waste, most notably signing the Ellen MacArthur Foundation’s New Plastics Economy Global Commitment, which is focused on building a circular economy.

-Magna investing $11.3M in Morocco

Expansions Magna International Inc. Africa Automotive

Magna International Inc. A rendering of the planned Magna International Inc. mirror plant in Kenitra, Morocco.

Canadian auto parts supplier Magna International Inc. has broken ground on a new greenfield production plant in Kenitra, Morocco, to manufacture exterior and interior automotive mirror systems.

Magna, based in Aurora, Ontario, will invest $11.3 million in the 61,400-square-foot facility, which is set to begin operations in spring 2020, the company announced April 23.

-Bühler UK achieves seventh Queen’s Award with its sorting technology

Development teams within Bühler UK have been in celebratory mood after the business claimed a Queen’s Award for Enterprise, recognising its pioneering research into camera technology used within industry sorting machines.

This year’s key accolade for the Swiss-headquartered food solutions and equipment group, is in recognition of its latest systems that are reportedly capable of recognising the subtlest of colour and shading contrasts in materials and foods and so significantly increasing detection rates for foreign materials, potential choke hazards or contaminated foods.

-Feiplastic ’19: Plastics touted as key for lighter cars, cleaner transportation

Automobiles will change more in the next 10 years than in the last 50 years, an industry participant said on Tuesday, adding that vehicles among other things will have to become much lighter to meet stricter emissions standards.

Automakers will also have to look at new aerodynamics and powertrain solutions to meet these new regulations in addition to cutting the weight of automobiles, said Rodrigo Berardine, a business development manager for Owens Corning.

Berardine spoke at a panel about plastics innovation for transportation at Feiplastic.

The panel touted plastics and composite materials as the way for the auto industry to make lighter and more fuel-efficient vehicles that will meet the new standards.

-Feiplastic ’19: Brazil’s Braskem faces competition from PE,PP imports

Brazil’s Braskem is facing heavy competition from polyethylene (PE) and polypropylene (PP) imports, while trying to keep good results for its sale discussions with LyondellBasell, market participants in Brazil said on the sidelines of this year’s Feiplastic.

At a time when feedstock prices are down inbenchmark US Gulf markets, currency exchange pressures are pushing Braskem to increase domestic PE and PP prices, at the risk of losing market share.

In PE markets, aggressive offers from an over supplied US Gulf and from Argentina are putting pressure on local prices. Long PE inventories in the US Gulf have generated intense competition among existing and new suppliers to place volumes in Latin America.

Polymers Petrochemicals Bottles Recycling

-Heineken Russia launches new bottle shapes with PET engineering

Heineken Russia has launched two new PET bottles with PET Engineering’s ITM solution- interchangeable inserts with a single mold.

The new shapes for Heineken Russia, 3 Medvedya, one of the most well-known Russian brands, Okhota & Okckoe, are simple and equally eye catching and, at the same time, offer a great flexibility, thanks to the fact that the aesthetics and format can now be easily modified using interchangeable inserts: this means it is always possible to apply new decorations, to move and resize the label area and, last but not least, to alter the capacity of the bottle, a very important aspect for future possible down-sizing to 1.3l and 1.25l formats.

April price paraxylene Europe

April contract price of paraxylene in Europe remained at the level of March

April price paraxylene Europe

MOSCOW – The contract price of para-xylene in Europe for April deliveries was agreed at the level of March – EUR995 per tonne, market participants told ICIS on Tuesday.

The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).

Sources in the European market expected that the contract price of paraxylene in the current month would either remain at the level of the previous month, or be slightly reduced against the background of a balanced supply of material in the market and in low demand.

Oil prices on the upstream market increased in March – April, which could limit any downward pressure from weak demand.

Earlier it was noted that the March contract price of paraxylene in Europe increased by EUR35 per ton compared to February of the current year – up to EUR995 per ton.

Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate for the production of polyethylene terephthalate (PET).

According to the ICIS-MRC Price Review , the situation on the Russian PET market in April contrasts sharply with that which was on the market exactly a year ago. In April last year, prices rose sharply and the market was entering a period of serious shortage, which became more acute in May-June. In the current year, large processors in advance made sure that last year’s shortage of PET did not recur.

mrcplast.ru

Author:                Margarita Volkova

Polymers Petrochemicals Smart Textiles 24-04-2019

  • China Polyethylene Terephthalate
  • PET and its chain lose ground .
  • Crude oil is on high price,but steady .
    • Polyamide 6 and its chain are steady.

    PET Bottle grade export 1,050/1,080 $/ton PET Bottle grade domestic market 8,250/8,400 yuan/ton PET Filament grade SD domestic market 7,600/7,750 yuan/ton – PET Filament grade BR domestic market 7,750/7,900 yuan/ton

 

  • PTA Taiwan 845/860 $/ton PTA domestic market 6,500/6,600 yuan/tonMEG  590/600 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 950/960 $/ton

 

  • Polyester POY 150D/48F  domestic market 8,700/8,800  yuan/tonPolyester DTY 150D/48F  domestic market 10,250/10,350  yuan/tonPolyester Staple PSF domestic market 8,800/9,000  yuan/ton

Polymers Petrochemicals Smart Textiles

-April contract price of paraxylene in Europe remained at the level of March

The contract price of para-xylene in Europe for April deliveries was agreed at the level of March – EUR995 per tonne, market participants told ICIS on Tuesday.

The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).

Sources in the European market expected that the contract price of paraxylene in the current month would either remain at the level of the previous month, or be slightly reduced against the background of a balanced supply of material in the market and in low demand.

Oil prices on the upstream market increased in March – April, which could limit any downward pressure from weak demand.

Polymers Petrochemicals Smart Textiles

Crude Oil Prices Trend

-Feiplastic ’19: Plastics waste concerns grow in Brazil

The concerns about plastic waste, recycling and sustainability are growing in Brazil just as they are in countries around the world.

Sustainability was never absent in Brazil, said Edison Terra, vice president of Braskem’s business unit for polyolefins, renewables and Europe.

He made his comments on the sidelines of the Feiplastic plastic trade show.

In fact, Braskem has been producing renewable polyethylene (PE) for about a decade at its Triunfo site in Rio Grande do Sul state.

The plant’s ethylene is produce by dehydrating ethanol.

However, concerns about sustainability and plastics have increased in the past couple of years in Brazil, Terra said, adding that part of this is due to the global nature of consumer brands.

Polymers Petrochemicals Smart Textiles

-Kaneka Americas Holding Creates Biopolymers Division

Houston, TX—Kaneka Americas Holding, Inc. has announced in a press release the creation of a Biopolymers Division based in Houston.

Kaneka’s PHBH is a plant-based product that offers both flexibility and heat resistance, produced via a bio-fermentation process which uses renewable plant oils as feed stock, the press release says.

The product is bio-compostable, strongly resistant to heat, and can act as a barrier to water vapor.

-SE Asia PP braces for bumpy second half as new capacities lie ahead

Southeast (SE) Asia’s polypropylene (PP) market looks set to embark on a bumpy second half of 2019 as new capacities begin creeping in from regional start-ups.

Spot PP flat yarn grade prices regained some ground late in the first quarter of 2019, after plummeting to yearly lows in December 2018.

A flood of cargoes from India descended on the Chinese market late in 2018 as producers there sought to clear built-up inventories.

The SE Asia market was not spared, and spot prices came under pressure, with all-origins PP flat yarn spot prices bottoming out at $1,095/tonne CFR (cost and freight) SE Asia in January 2019, according to ICIS data.

-Signarama Promotes Eco-Friendly Initiatives to Encourage the Sign Industry

Franchisees Share Some of their Best Practices for Going Green

This month, America and the whole world will turn “green” for a day in observance of Earth Day on April 22, but at Signarama Fort Collins, every day is a green day. An eco-friendly business leader, the store is also a member of ClimateWise, a program offering solutions and strategies to address the impacts of climate change.

“Our business is in a community that takes leaving behind a positive carbon footprint very seriously,” said Patti Westfall, who co-owns the Signarama Fort Collins franchise with husband Wes. “We are heavily invested in the eco-friendly movement and not only do we offer sustainable materials in the manufacturing process, but our store is powered 100 percent by green energy.”by 6.1% from the start of the year. By contrast, non-dutiable PP flat yarn prices increased by a more modest 3.2%.

-Recycled plastic bottles turned into swimwear

Made from 100% polyester, the new fabric boasts 45% polyester from PBT and 55% REPREVE recycled polyester, a sustainable fibre made from post-consumer plastic originally employed in the food industry (PET), patented by Unifi, a company operating in the textile market featuring a modern production plant which processes about 250,000 used bottles every hour. © Carvico.

Leading Italian warp knitter Carvico has introduced an innovative and sustainable range of fabrics called Melville, which are made from PBT (polybutylene terephthalate) and recycled polyester.

“Wastes which make it into fashion, plastic which is turned into fabrics, pollution which brings about new opportunities: this is how Melville, a new recycled fabric made by Carvico from plastic bottles, has been engineered,” the company said in a press statement today.

-Four growth opportunities for packaging in Europe

Europe is the second largest regional packaging market accounting for around 25.0% of global packaging market value in 2017. The European packaging market is valued at €195.2 billion in 2018 and is forecast to grow to €214.0 billion in 2023 according to exclusive research in the new Smithers Pira publication – The European Packaging Competitive Landscape: Strategic Forecasts to 2023.

There is still scope for genuine market expansion in eastern Europe, but western Europe increasingly presents a saturated market. To find new revenue, Europe’s packaging firms will need to innovate and diversify their product portfolios. Smithers’ analysis identifies the following four growth opportunities for the next five years and beyond.

-Here’s why China and India will remain defiant amid threat of US sanctions for Iranian oil imports

China and India are both unlikely to completely cut off Iranian crude imports, energy analysts have said, despite the imminent threat of U.S. sanctions.

President Donald Trump’s administration announced Monday that buyers of Iranian oil must stop purchases by May 1 or face sanctions.

The move, which took many market participants by surprise, ends six months of waivers which had allowed Iran’s eight biggest buyers of crude to continue to import limited volumes.

-ADREM to build mixed plastics recycling plant in Japan

Group Galloo susbsidiary to work with Toyota Tsusho and Veolia on 40,000 tons-per-year plant.

Menen, Belgium-based Group Galloo has announced that its equipment manufacturing subsidiary Advanced Design of Recycling Machines (ADREM) will be responsible for building what it calls Japan’s largest and most advanced plastic recycling facility.

The facility will be run as a joint venture between Toyota Tsusho, Veolia Japan and Kojima Sangyo and operate under the name PLANIC. It is being designed to harvest 40,000 metric tons per year of plastic scrap from various sources in Japan.

With the new facility, PLANIC “reacts to an increasing plastic pollution problem in Japan,” according to a news release issued by ADREM. Much plastic scrap in Japan currently is being incinerated, landfilled or sent overseas. Japan’s 3Rs campaign – Reduce, Reuse and Recycle – aims to turn this around and promotes more domestic plastic recycling.

-Exclusive! Amcor launches amlite ultra recyclable film

Amcor is today launching AmLite Ultra Recyclable, which is recyclable in existing polyolefin recycling streams – its first packaging product based on the breakthrough, high-barrier OPP platform revealed in October 2018. Thanks to high barrier properties for oxygen (less than 0.1 cc / m2 / day) and moisture (less than 0.1 g / m2), the new laminate is suitable for ambient products with demanding barrier requirements, such as coffee and personal care sachets.

A brief history lesson: ‘AmLite’ was created by Amcor in 2015 to eliminate metal layers from laminates in order to significantly reduce the carbon footprint of packaging. As the name hints, the new ‘AmLite Recyclable’ generation adds recyclability to its properties. It achieves this by getting rid of the PET layer that had replaced the aluminium in the original AmLite. This fully polyolefin film replicates the barrier properties thanks to SiOx (silicon oxide) coating.

RadiciGroup sustainable investments Brazil

São Paulo (Brazil), 22 – 26 April 2019

RadiciGroup, sustainable investments in Brazil

At Feiplastic, focus on reducing energy consumption and protecting the environment

RadiciGroup sustainable investments BrazilRadici Plastics Ltda – Brazil, a RadiciGroup company and leader in the South American engineering polymers market, is participating in the Feiplastic trade show (Stand L42), taking place at Expo Center Norte, São Paulo, Brazil, from 22 to 26 April.

The main goal of the company is to draw attention to the high quality of its products and the sustainability of its business.
In the 2017-2018 period, the Brazilian firm allocated a portion of its total investments, amounting to about R$ 13 million, to the improvement of the performance of its systems, processes and safety.

Good results can already be seen in productivity – with an increase of 45% in installed capacity – sustainability and safety.

Due to progress made in its water supply system, the installation of LED lighting in its factory and the start-up of more efficient production lines, Radici Plastics Brazil had already achieved a significant decrease in electric power and water consumption.

“Continuous improvement is the strategy that we’ve adopted, in line with the policy of the Group as whole and our High Performance Polymers Business Area,” said Jane Campos, country manager of Radici Plastics Ltda.

“To us, growth in numbers is important, but we must fully safeguard the environment and people, so as to be truly sustainable.”

Polymers Petrochemicals Biodegradable Plastics 23-04-2019

  • China Polyethylene Terephthalate
  • PET and its chain are assessed mixed.
  • Crude oil goes still up owing to  US sanctions to Iran .
    • Polyamide 6 and its chain are steady.

    PET Bottle grade export 1,050/1,090 $/ton PET Bottle grade domestic market 8,300/8,400 yuan/ton PET Filament grade SD domestic market 7,650/7,750 yuan/ton – PET Filament grade BR domestic market 7,800/7,900 yuan/ton

 

  • PTA Taiwan 8450/860 $/ton PTA domestic market 6,500/6,600 yuan/tonMEG  595/605 $/ton – MEG domestic market 4,600/4,700 yuan/tonPX Korea 940/955 $/ton

 

  • Polyester POY 150D/48F  domestic market 8,800/8,900  yuan/tonPolyester DTY 150D/48F  domestic market 10,300/10,400  yuan/tonPolyester Staple PSF domestic market 8,800/9,000  yuan/ton

Polymers Petrochemicals Biodegradable Plastics

Crude Oil Prices Trend

-Oil prices spike as White House ends Iran sanctions waivers

Oil prices rose sharply Monday to their highest levels since November as the White House confirmed it will end sanctions waivers for countries that still purchase Iranian oil.

Driving the news: The U.S. will seek to further drive down Iranian exports by ending exemptions granted last year to China, India and a handful of others.

“This decision is intended to bring Iran’s oil exports to zero, denying the regime its principal source of revenue,” the White House said Monday.

Why it matters: The move represents an escalation of the Trump administration’s policy toward Iran. It’s also a jolt to global crude oil markets as traders weigh the loss of more Iranian barrels.

-RadiciGroup, sustainable investments in Brazil

At Feiplastic, focus on reducing energy consumption and protecting the environment

Radici Plastics Ltda – Brazil, a RadiciGroup company and leader in the South American engineering polymers market, is participating in the Feiplastic trade show (Stand L42), taking place at Expo Center Norte, São Paulo, Brazil, from 22 to 26 April.

The main goal of the company is to draw attention to the high quality of its products and the sustainability of its business.

Polymers Petrochemicals Biodegradable Plastics

-ACC pushes chemical recycling legislation

The plastics industry is making a push in states for new laws to make it easier to build next-generation recycling plants that turn waste plastics into feedstocks and fuels, and it recently has secured victories in Iowa and Tennessee.

But the effort — designed to carve out a clearer regulatory approval path for what’s called chemical recycling — is drawing opposition from environmental groups and some state legislators in Rhode Island, South Carolina and Texas.

The new laws sought by plastics companies and the American Chemistry Council would regulate the plants as manufacturing operations, rather than landfills or solid waste disposal facilities, making it easier to get government approvals.

-Technical Analysis &BRENT/WTI : 2019-04-22

WTI prices may fall because of shale oil

In this review, we suggest considering the personal composite instrument (PCI) “Brent vs WTI”. Is there a possibility for BRENT/WTI prices to rise?

Such a movement is observed when Brent oil is in higher demand than WTI. Theoretically, an increase in the share of shale oil in American production may have a negative impact on the cost of West Texas Intermediate (WTI). Shale oil production in the US increased from 1 million barrels per day in 2008 to the current level of about 7-7.5 million barrels per day. Its share in the total US oil production has reached 60%. In 2008, WTI and Brent had nearly the same cost. Now Brent is only 8-10% more expensive.

-China ACN uptrend to slow down as downstream demand shrinks

China’s spot acrylonitrile (ACN) prices have been on an uptrend since the start of the year on the back of tight supply, but the gains may be capped by waning demand from major downstream acrylic fiber (AF) sector.

AF production margins are being eroded by spikes in feedstock ACN values.

On 19 April, spot ACN prices in east China stood at Chinese yuan (CNY) 14,200-14,400/tonne ($2,116-2,146/tonne) ex-tank, up by CNY2,650/tonne or 23% from early January.

Just 10% of U.S. plastic gets recycled. A new kind of plastic could change that

Most plastics have a chemical history that makes starting a new life a challenge. The dyes and flame retardants that make them perfect for say, a couch cushion or a bottle of detergent, make them tough to transform into a desirable end product—one of the reasons just 10% of plastic in the United States gets recycled. Now, researchers have created a plastic with a special chemical bond that helps it separate out from those additives, turning it back into a pure, valuable product that can be reused again and again.

To make the new material, researchers tweaked a type of vitrimer, a glasslike plastic developed in 2011, by adding molecules that change the chemical bonds holding it together. These new bonds, called dynamic covalent diketoenamine bonds, require less energy to break than those in traditional plastics.

-US plastics trade surplus with Mexico grows in 2018

The U.S. plastics industry’s trade surplus with Mexico grew 4 percent in 2018, to $11.5 billion, and a new NAFTA deal could open more plastics trade between the two countries, a senior U.S. industry trade association executive said in a speech at Plastimagen.

Perc Pineda, chief economist for the Washington-based Plastics Industry Association, told a forum at Plastimagen in Mexico City April 2-5, that the global plastics industry faces a more uncertain economy this year.

But he suggested that for 2018 at least, the links between the U.S. and Mexican industries were weathering the heightened political tensions.

-Modified ‘white graphene’ for eco-friendly energy

Catalyst with functionalized hexagonal boron nitride and nickel nanoparticles. Credit: Tomsk Polytechnic University

Scientists from Tomsk Polytechnic University (TPU), together with colleagues from the United States and Germany, have found a way to obtain inexpensive catalysts from hexagonal boron nitride or “white graphene.” The technology can be used in the production of environmentally friendly hydrogen fuel.

The researchers have found a new way to functionalize a dielectric, otherwise known as white graphene, i.e. hexagonal boron nitride (hBN), without destroying it or changing its properties. Thanks to the new method, the researchers synthesized a polymer nano carpet with strong covalent bond on the samples.

-Amcor packages up asset sales to soothe US regulators

Those investors worried that Amcor was dragging the chain on the US regulatory side of its mega-packaging buyout of Bemis Company should feel a little better.

Street Talk understands Amcor is poised to offload $300 million worth of packaging assets in the United States to Tekni-Plex Inc. It’s expected the deal should placate US competition regulators and pave the way for a clear run towards the shareholder meetings on May 2 and the completion of the $9 billion Bemis acquisition by May 15.

-Spritzer to spend RM25mil on PET plant and solar projects

GEORGE TOWN: Bottled water company Spritzer Bhd will spend about RM25mil over the next two years to expand its PET (polyethylene terephthalate) plant, water-processing capacity and solar power projects to keep up with the group’s enlarged customer base and enhance its competitive edge.

Group managing director Datuk Lim Kok Boon told StarBiz that the company needed to expand further its PET facilities in Ipoh and Taiping to keep production cost low.

“Although PET resin prices have come down compared to 2018, they are still high, as most of our cost comes from packaging the product.The expansion exercise, scheduled to start at the end of the year, should be completed in two years, raising the PET bottle and cap output by 10%,” said Lim.

Polymers Nylon Petrochemical Prices

Polymers Nylon Petrochemical Prices

Polyestertime

ITEM15/04/201922/04/2019+/-
Bottle grade PET chips domestic market8,650 yuan/ton8,450 yuan/ton-200
Bottle grade PET chips export market1,110 $/ton1,095 $/ton-15
Filament grade Semidull chips domestic market7,875 yuan/ton7,725 yuan/ton-150
Filament grade Bright chips domestic market7,950 yuan/ton7,875 yuan/ton-75
Pure Terephthalic Acid PTA domestic market6,700 yuan/ton6,520 yuan/ton-180
Pure Terephthalic Acid PTA export market855 $/ton850 $/ton-5
Monoethyleneglycol MEG domestic market4,700 yuan/ton4,660 yuan/ton-40
Monoethyleneglycol MEG export market599 $/ton598 $/ton-1
Paraxylene PX FOB  Taiwan market1,068 $/ton966 $/ton-102
Paraxylene PX FOB  Korea market1,049 $/ton947 $/ton-102
Paraxylene PX FOB EU market910 $/ton840 $/ton-70
Polyester filament POY 150D/48F domestic market9,135 yuan/ton8,850 yuan/ton
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