Polyestertime

POSTS 新闻 Plastic Petrochemicals

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

 

-Crude Oil PRICES : WTI BRENT 原油 – Crude Oil WTI lost 10% in 12 days – Crude oil prices WTI BRENT 原油 新闻

POSTS 新闻 Plastic Petrochemicals

-China – Filament Grade Semi Dull PET Chip – China Filament Grade SemiDull PET Chip PET bottle chip 瓶芯+

POSTS 新闻 Plastic Petrochemicals

– Asia ACN at 6.5-year high; new China capacity to ease tight supply   Asia ACN 6.5-year high new China capacity ease tight supply

POSTS 新闻 Plastic Petrochemicals

-Fire at Alpek’s PTA plant will affect PET resin supply   Fire Alpek PTA plant affect PET resin supply

POSTS 新闻 Plastic Petrochemicals

-Retal Launches Ip Free Hotfill Solution   Retal Launches Ip Free Hotfill Solution hotfill packaging 

POSTS 新闻 Plastic Petrochemicals

Thailand pilot plant completed for conversion of sugarcane bagasse into raw materials for Ethanol    Thailand pilot plant conversion sugarcane bagasse Ethanol

POSTS 新闻 Plastic Petrochemicals

-Adidas vows to use only recycled plastics by 2024   Adidas vows use recycled plastics 2024

POSTS 新闻 Plastic Petrochemicals

-Recycled Plastic Waste Creates Roads   Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

POSTS 新闻 Plastic Petrochemicals

-Coca-Cola continues sustainable packaging initiative and calls for UK-wide DRS   Coca-Cola continues sustainable packaging UK-wide DRS

POSTS 新闻 Plastic Petrochemicals

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

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

-The price of ethylene in Asia remained stable on July 16  Price ethylene Asia remained stable 

POSTS 新闻 Plastic Petrochemicals

-PET supplies in Europe improved   PET polyethylene terephthalate supplies Europe improved  

POSTS 新闻 Plastic Petrochemicals

-Crude Oil PRICES : WTI BRENT 原油 – Crude Oil WTI lost 9,5% in 12 days – Crude oil prices WTI BRENT 原油 新闻

POSTS 新闻 Plastic Petrochemicals

-China – Filament Grade Semi Dull PET Chip – China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯

POSTS 新闻 Plastic Petrochemicals

– South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak

POSTS 新闻 Plastic Petrochemicals

-VELOX and SK Chemicals announce newly developed transparent bio-plastic    VELOX SK Chemicals announce developed transparent bio-plastic

POSTS 新闻 Plastic Petrochemicals

– AMPAC Fine Chemicals To Be Acquired By SK Holdings   AMPAC Fine Chemicals Acquired SK Holdings

POSTS 新闻 Plastic Petrochemicals

– Why “bioplastics” won’t solve our plastic pollution problem     Bioplastics solve plastic pollution problem plastic crisis

POSTS 新闻 Plastic Petrochemicals

-Earlier date of Intertextile Shanghai proves popular   Earlier date Intertextile Shanghai proves popular

POSTS 新闻 Plastic Petrochemicals

-Toray Plastics (America), Inc. to showcase three new films at Pack Expo Intl. 2018    Toray Plastics America three new films Pack Expo Intl. 2018

POSTS 新闻 Plastic Petrochemicals

China – Filament Grade Semi Dull PET Chip – China Filament Grade SemiDull PET Chip PET bottle chip 瓶芯

China – Filament Grade Semi Dull PET Chip – China Filament Grade SemiDull PET Chip PET bottle chip 瓶芯

China – Price Trend of Filament Grade Semi Dull PET Chip in Jiangsu is steady.

China Filament Grade SemiDull PET Chip PET bottle chip 瓶芯Polyestertime: Polyester DTY

The prices of Semi-dull Chips in Jiangsu and Zhejiang are at 7,850 – 8,000 yuan/ton (cash),nearby.

The Bright Chip’s price in Jiangsu and Zhejiang is at 8,100 – 8,250 yuan / ton.

Polyester POY is at 9,350 -9,500 yuan/mt cash ex-works, while Polyester  DTY is at 10,850- 1,000 yuan/mt cash ex-works.

————————————————————–


China –PET Bottle Chip (Polyethylene terephthalate) -The  Market prices are weak.

Polyestertime : Preforms

The domestic Polyester Bottle Chip is between 9,000 – 9,150 yuan / ton

China Filament Grade SemiDull PET Chip PET bottle chip 瓶芯Polyestertime :Bottles and PET chips

The domestic Polyester Bottle Chip I.V. 0,80 is at 9,000 – 9,150 yuan / ton cash,(ex-works).

The export PET Bottle Chip I.V. 0,80 is at 1,220 – 1,270 $ /ton FOB CMP.

 

 

Related Topics

-Polymers Petrochemicals PET Resin Polyester Filament – Graphs – FGPET – FGPET Bright -BGPET -POLYAMIDE图形 – 聚酯切片对苯二甲酸单乙二醇己内酰胺聚酰胺聚酯纱丙烯腈丙烯酸短纤维聚丙烯聚乙烯石脑油苯 – sợi tổng hợp

“Mega-Plast” plans to open production of PET preforms in the SEZ “Dubna” – Mega-Plast plans to open production of PET preforms and closures in the special economic zone (SEZ) Dubna, Interfax reported – MegaPlast PET preforms Dubna

Asia ACN 6.5-year high new China capacity ease tight supply

Asia ACN at 6.5-year high; new China capacity to ease tight supply   Asia ACN 6.5-year high new China capacity ease tight supply

 Source:ICIS News

SINGAPORE (ICIS)–Asia’s acrylonitrile (ACN) prices are at their highest in six-and-half years on the back of tight global supply, which could ease when a new plant in China starts up in late July.

Asia ACN 6.5-year high new China capacity ease tight supplyIn the week ended 13 July, spot prices were assessed at $2,150-2,200/tonne CFR (cost & freight) NE (northeast) Asia, which were last seen in mid-February 2012, according to ICIS data.Asia ACN 6.5-year high new China capacity ease tight supply

The prices were stable from the previous week, after rising by 12% from mid-April, the data showed.

The regional market was largely on an uptrend since the beginning of this year because of tightened supply amid a heavy plant turnaround schedule in Asia, coupled with the limited inflows of deep-sea cargoes.

Asia ACN 6.5-year high new China capacity ease tight supply

“The ACN prices do not follow the feedstock cost now, and they are driven by the supply side,” a regional trader said.Asia ACN 6.5-year high new China capacity ease tight supply

Based on prevailing prices of feedstocks propylene and ammonia, ACN producers are currently enjoying good margins of more than $500/tonne, market sources said.

A new capacity coming on stream in China, which is a major importer of ACN in Asia, may relieve the regional supply crunch to some extent amid further turnarounds in the second half.Asia ACN 6.5-year high new China capacity ease tight supply

Asia ACN 6.5-year high new China capacity ease tight supply

Shandong Haili Chemical Industry Co Ltd will be starting up its new 130,000 tonne/year ACN plant in China’s Shandong province on 27-28 July.

“I hope the new plant could finally start up after several delays, which may help ease the tight supply in the region,” a downstream user said.

Price support for ACN from the demand side may also weaken, with downstream acrylonitrile-styrene-butadiene (ABS) and acrylic fibre (AF) producers facing slowing sales in the summer months, with some mulling cutting production due to high feedstock costs.

“Our margins are very lean now. Further price rise [of ACN] will kill us,” a major downstream ABS producer said.Asia ACN 6.5-year high new China capacity ease tight supply

Picture: Acrylonitrile (ACN) is used in the production of acrylic fibres, which go into home furnishings like sofas. (Photographer:  Anthony Weller/VIEW/REX/Shutterstock)

By Judith Wang

Fire Alpek PTA plant affect PET resin supply

Fire at Alpek’s PTA plant will affect PET resin supply   Fire Alpek PTA plant affect PET resin supply

By: PlasticsToday Staff
Source : PlasticsToday

Fire Alpek PTA plant affect PET resin supplyA major fire broke out on July 15 at the Altamira, Mexico, PTA plant of chemicals manufacturer Alpek (San Pedro Garza García, Mexico). The conflagration could have a significant impact on PET resin production throughout the Americas as well as Europe, according to the Wood Mackenzie consultancy in Houston, TX.

“The fire occurred in one of Alpek’s two PTA plants at the site, with each plant having a typical nameplate capacity of 500 kt of PTA,” said Phil Marshall, head of PET at Wood Mackenzie.Fire Alpek PTA plant affect PET resin supply

“Although the extent of the damage is unknown at this time, videos and pictures from the site indicate significant damage, which may keep at least one plant offline for an extended period of time. This outage is likely to negatively impact PET resin production in the Americas region as well as in Europe,” said Marshall.Fire Alpek PTA plant affect PET resin supply

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

Alpek’s PTA plants at Altamira supply PTA to the adjacent M&G Mexico PET resin plant (now operated by Alpek/DAK Americas), its sister company DAK Americas’ PET resin plants at Pearl River, MS, as well as exports to South American and European polyester producers, according to Wood Mackenzie.Fire Alpek PTA plant affect PET resin supply

“This event comes at a particularly critical time for the Americas and European PET resin markets, as both regions have been experiencing critically tight PET resin supply due to both PET resin and PTA plant outages,” said Marshall.

“Whilst the fire is serious and will impact PTA production, the impact may not be as serious as first thought given that Alpek operates three PTA plants in Mexico and one in Brazil,” he added.Fire Alpek PTA plant affect PET resin supply

Retal Launches Ip Free Hotfill Solution hotfill packaging

Retal Launches Ip Free Hotfill Solution   Retal Launches Ip Free Hotfill Solution hotfill packaging 

Retal Launches Ip Free Hotfill Solution hotfill packaging

Thailand pilot plant conversion sugarcane bagasse Ethanol

Thailand pilot plant completed for conversion of sugarcane bagasse into raw materials for Ethanol    Thailand pilot plant conversion sugarcane bagasse Ethanol

Mitsui & Co., Ltd., together with Toray Industries and Mitsui Sugar, have completed a pilot plant in Thailand to demonstrate a manufacturing system to produce raw materials for ethanol from sugarcane bagasse, a project entrusted to the three companies by NEDO (New Energy and Industrial Technology Development Organization).

 

At this pilot plant, byproducts from residue left after extraction of juice from sugarcane, known as bagasse, will be converted into cellulosic sugar for use in bioethanol production.Thailand pilot plant conversion sugarcane bagasse Ethanol

 

Other high value-added products like polyphenol and oligosaccharides will also be produced.Thailand pilot plant conversion sugarcane bagasse Ethanol
Before the plant began operations, a ceremony was held on July 6, 2018 to celebrate the plant’s completion. The ceremony was attended by many, including officials from Mitsui & Co., Toray, Mitsui Sugar, Japanese and Thai government agencies, as well as local business people, construction workers, and other Udon Thani province locals.
This plant will demonstrate the practical application of Japanese membrane separation technology, using it to condense sugar solution from bagasse. By using this new technology, it will be possible to reduce energy consumption by more than 50% compared to the evaporation-based concentration processes used up until now.Thailand pilot plant conversion sugarcane bagasse Ethanol
Operations will begin in late July 2018, after which the plant’s combined energy saving performance and production of high value-added products will be verified. Thailand pilot plant conversion sugarcane bagasse Ethanol

 

In the future, this system can be spread to other parts of Thailand, which is a world-leading sugarcane production region.

 

With this demonstration project, Mitsui & Co. will test the viability of these materials.Thailand pilot plant conversion sugarcane bagasse Ethanol

NEDO Project TitleInternational Demonstration Project on Japan’s Energy Efficiency Technology :Demonstration Project for an Energy-saving Cellulosic Sugar Production System Using Bagasse
Planned Project PeriodFY2016 – FY 2022
Processing Capacity5,000 tons / year of bagasse on a dry weight basis
Cellulosic Sugar Production Capacity1,400 tons / year (equivalent to bioethanol 700kl / year)
Entrusted CompaniesMitsui & Co., Ltd., Toray Industries, Mitsui Sugar Co., Ltd.

 

Thailand pilot plant conversion sugarcane bagasse EthanolDemonstration plant

Adidas vows use recycled plastics 2024

Adidas vows to use only recycled plastics by 2024   Adidas vows use recycled plastics 2024

By Jamaica Observer

Adidas vows use recycled plastics 2024

In 2016, Adidas launched the first massproduced running shoe made from recycled water bottles, the Ultraboost Uncaged Parley © Adidas, seen here. (Photo: Courtesy of Adidas / Parley for the Oceans)

(JAMAICA OBSERVER) – British media outlet The Financial Times reported yesterday that Adidas, the world’s second-largest sportswear brand, is planning to use only recycled polyester in all its shoes and clothing within the next six years in a push to increase the sustainability of its supply chain.Adidas vows use recycled plastics 2024

The shift would see the brand, which launched the first mass-produced running shoe made from recycled water bottles in 2016, target five million in sales of recycled footwear this year, and 11 million in 2019, the Times said.Adidas vows use recycled plastics 2024

Also according to the Times, one million pairs of the recycled shoes, Ultraboost Uncaged Parley, which are currently offered at €179.95 on the company’s German online site, were sold in 2017.Adidas vows use recycled plastics 2024

The goal, according to a quote attributed to Eric Liedtke, head of Adidas’s global brands, is to get rid of virgin polyester overall by 2024. He said about 50 per cent of the material used in the 920 million individual items Adidas sells is polyester.

“With those kind of volumes, we cannot make the transition overnight,” Liedtke reportedly said.Adidas vows use recycled plastics 2024

The initiative is an outcome of the brand’s partnership with Parley for the Oceans.

Each pair of shoes uses the equivalent of 11 plastic bottles, meaning Adidas is recycling some 55 million plastic bottles this year alone, Liedtke reportedly told a South by Southwest conference earlier this year, according to TheCurrent Daily.

Still, company executives have said that, while the figure seems impressive, it is a drop in the bucket given that the company makes 450 million pairs of shoes every year, and considering that there is currently 270 million tonnes of plastic in the ocean, with a further eight million tonnes being added every year.Adidas vows use recycled plastics 2024

“The growth of plastic just doesn’t stop. It was a great invention, but it was made to never go away, so all that has been made is still floating around the world today. It becomes a real call to arms to fixing that,” TheCurrent Daily quoted Liedtke

In addition to using recycled plastics in some of its manufcaturing, Adidas has taken other steps that declare its war against polyester — a petroleum-based plastic. It has already eliminated the use of plastic bags in its retail operations, and has discontinued its body wash with micro pellet body wash.Adidas vows use recycled plastics 2024

But the move, according to the Times, could cost Adidas more since recycled polyester is 10-20 per cent more expensive than “virgin” materials.

However, industry experts believe the price gap between recycled and new plastics will close in the coming years as more companies shift to renewables and suppliers increase their ability to produce recycled materials in large quantities.

Brenda Haitema, who leads supply chain operations at Thread International, which makes fabric from recycled plastics used by brands such as Marmot, Timberland and Adidas subsidiary Reebok, told The Financial Times that: “Prices will come down as we develop more capacity to collect, clean and process used plastics.”

Adidas’s move comes as more brands embrace recycled materials, in part to burnish their green credentials and increase their appeal as an anti-plastics movement has swept across the UK and Europe.Adidas vows use recycled plastics 2024

Clothing brands, including Patagonia and H&M, already use recycled polyester in certain items and fashion brand Stella McCartney has promised to stop using virgin nylon by 2020.Adidas vows use recycled plastics 2024

The Times said Adidas has been experimenting with making kits from recycled plastics for several years, and used re-used water bottles to make volunteer uniforms for the Olympic Games in London in 2012.

Related topics

-Volvo sets goal of 25% recycled plastics in cars from 2025 – Volvo says at least 25 percent of the plastics used in its new cars from 2025 will be from recycled materials, in an anti-pollution plan praised by the United Nations. – Volvo 25% recycled plastics cars

Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Recycled Plastic Waste Creates Roads   Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

by  Patrick J. Kiger

Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumenU.K. startup MacRebur uses recycled plastic as a replacement for bitumen in material for paving roads. MacRebur

A few years ago, engineer Toby McCartney was working in southern India with a charity that aided pickers who worked at landfill sites harvesting reusable items and selling them. McCartney discovered that plastic waste they retrieved was being put into potholes in roads, doused with gasoline, and set afire. When the plastic melted into the holes and then hardened, it filled them.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

When McCartney returned to Scotland, he told two of his friends about what he had seen. As MacRebur co-founder and chief operating officer Gordon Reid recalls, they decided that it would work better to use plastic waste to create a new type of material specifically designed for use in roads. After a year of research, they developed a method for transforming a mix of industrial and consumer plastic waste into pellets of a new material that could replace bitumen, the oil-based sealing material that holds asphalt together in roads.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Since MacRebur started operations in April 2016, the company’s recycled plastic road-building material has been used to build roadways in places ranging from Australia to Dubai, according to the Daily Record, a Scottish newspaper.

“We’ve got roads on every continent,” Reid notes. “And we’ve had interest from round about 50 countries in the world. The company currently is having discussions with a university in California about building a test road to demonstrate that its plastics are compatible with standards in the U.S.,” he says.

The Plastic and Bitumen Mixture

According to Reid, using recycled plastic for road building sounds simple, but it actually requires a complex process to create the right material. “Different plastics do different things to bitumen,” he explains. “If you use the wrong mix, it actually can make the bitumen more brittle.”Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

MacRebur avoids using PET bottles and other types of plastic that are easily recycled, and instead concentrates on types of waste plastic that might otherwise end up buried in the ground. Reid declined to go into too much detail, so as not to reveal too much about MacRebur’s proprietary process.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

In addition to keeping plastic out of landfills, the company’s plastic road materials can save about 1 ton (.907 metric tons) in carbon dioxide output for each ton of bitumen that the plastic replaces, according to this fact sheet from MacRebur’s website.

The company has developed different types of road-building plastic for different environments. One variety is designed for roads in places such as the Middle East, where more tensile strength is needed to resist asphalt’s tendency to deform from heat. Another is designed to be more flexible, and resist the freeze-thaw cycle in colder places such as Canada or Scotland, Reid says.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

MacRebur’s current products are capable of replacing between six and 20 percent of the bitumen in roads, but Reid is hopeful that within two years, improved versions will replace as much as 50 percent.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Reid says that MacRebur’s plastic road materials physically bind with the bitumen, which prevents it from breaking loose and getting into the environment. “The plastic melts into the bitumen and it becomes the same, since they’re both hydrocarbons,” he explains.

Plastic Pins

In the U.S., plastic already is being used in road maintenance. University of Texas at Arlington civil engineering professor Sahadat Hossain, director of the school’s Solid Waste Institute for Sustainability, has turned to recycled plastic as a way to solve the problem of unstable soil on highway slopes, which eventually can cause the road surface to fail as well. He’s developed a technology for taking plastic from landfills and then recycling it to manufacture giant pins that are inserted in the failing soil to stabilize it.

The recycled plastic pin “has been successfully tested as a laterally loaded pile in different highway slope stabilization projects in the state of Texas, Iowa and Missouri,” Hossain explains in an email. “The Texas Department of Transportation has adopted the recycled plastic pin as one of their approved slope stabilization methods.” It takes just three to four minutes to install each of the pins in the ground, so an entire unstable area can be shored up in a few days, he says.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

“Once [the pin] is installed into the ground, it is less susceptible to degradation, which makes it a long-lasting solution for slope repair,” Hossain says.

According to Hossain’s UTA web page, each recycled pin utilizes about 500 plastic soda bottles. At one of the demonstration sites, Hossain’s research group put 600 plastic pins into the ground, making use of 300,000 plastic bottles that otherwise would have ended up in landfills.Recycled Plastic Waste Creates Roads MacRebur recycled plastic bitumen

Hossain thinks that the Chinese government’s recent decision to ban imports of plastic waste for recycling could create an opportunity for U.S. entrepreneurs to make road materials. China imported 776,000 metric tons of waste plastic from the U.S. in 2016, according to Chemical and Engineering News.

“I am positive more and more roads will be constructed using recycled plastics,” Hossain says.

But more work needs to be done to develop new methods, including full-scale testing and life-cycle analyses of roads containing plastic materials, he says.

Related Topics

-Volvo sets goal of 25% recycled plastics in cars from 2025 – Volvo says at least 25 percent of the plastics used in its new cars from 2025 will be from recycled materials, in an anti-pollution plan praised by the United Nations. – Volvo 25% recycled plastics cars

Coca-Cola continues sustainable packaging UK-wide DRS

Coca-Cola continues sustainable packaging initiative and calls for UK-wide DRS   Coca-Cola continues sustainable packaging UK-wide DRS

Coca-Cola continues sustainable packaging initiative and calls for UK-wide DRS

Coca-Cola has re-affirmed its commitment to producing more sustainable packaging, a year after launching the initiative.

Coca-Cola continues sustainable packaging UK-wide DRS

In an update, Coca-Cola European Partners (CCEP) and Coca-Cola Great Britain (CCGB) said all large PET bottles, including Coca-Cola, Sprite and Fanta, will start to move to 40% rPET this year – part of the target of transitioning the whole of its PET portfolio to 50% rPET.Coca-Cola continues sustainable packaging UK-wide DRS

Nick Brown, head of sustainability at CCEP, said the company is replacing the branding on its bottle closures with messages encouraging consumers to recycle.

The closures are on Coca-Cola and Coca-Cola Zero sugar 500ml bottles and will appear across the rest of the Coca-Cola portfolio by the end of the year, creating over 900 million opportunities to see these new recycling messages each year.

The drinks giant also said it continued to support a ‘well-designed’ Deposit Return Scheme (DRS), and spelt out a number of recommendations, including not charging VAT on the scheme, good financial management and fraud control, a common approach covering the whole of GB, run by one not-for-profit management company and ensuring retailers, machine suppliers and hauliers are paid.Coca-Cola continues sustainable packaging UK-wide DRS

Brown said: “As a business we want to keep challenging ourselves to ensure we are part of the solution on packaging, whether it is setting ourselves ambitious targets or joining key government working groups. Initiatives like our investment in bottle recycling in GB and our commitment to keep increasing recycled material in our packs are key to ensuring more packaging is collected and reprocessed.

We believe we are at a crucial moment in time, with a once-in-a-generation opportunity to create real change for packaging recovery systems in GB. We have been clear on our support for a well-designed Deposit Return Scheme in Great Britain for some time – however with a DRS consultation now open in Scotland and one planned for England later on this year, it is crucial that all parties come together to develop this collaboratively. This is why we’ve revealed our vision on what is required for a practical, joined up DRS system.”Coca-Cola continues sustainable packaging UK-wide DRS

Liz Lowe, GB sustainability manager at CCGB added: “Having some of the largest, most visible brands in the world presents a unique opportunity to reach and inspire a wide number of people. Over the past year we’ve redirected a significant amount of marketing investment into recycling messaging, and into making recycling as easy as possible with really visible on-pack messaging.”Coca-Cola continues sustainable packaging UK-wide DRS

Related Topics

-Coca-Cola FEMSA acquires bottler in Uruguay – CocaCola FEMSA acquires bottler Uruguay

Price ethylene Asia remained stable

The price of ethylene in Asia remained stable on July 16  Price ethylene Asia remained stable 

Price ethylene Asia remained stable MOSCOW- The price of ethylene in Asia on July 16 remained stable, ICIS reports citing market participants.

Thus, the price of ethylene remained unchanged at USD1,390 per tonne, CFR NE Asia (North-East Asia).

The buyers mostly adhered to their price indicators against the backdrop of bad margins, while suppliers were considering price increases against the backdrop of limited regional supplies.

Previously reported , ethylene prices in Asia remained stable July 11 compared with the previous day. So, the price of ethylene on July 11 in Asia was at the level of USD1390 per tonne, CFR Northeast Asia. Price ethylene Asia remained stable  

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

According to the Price Review of ICIS-MRC , in Russia last week the buying activity in the PE market was low, but the demand is stable.Price ethylene Asia remained stable  

In some segments of the PE, supply restrictions remain, but as such there is no shortage and no rush in connection with this market.Price ethylene Asia remained stable  

As a result of the week, there was a rise in prices, as well as a slight decrease. The greatest shortage of supply is noted in the segment of the IPA.

There is a deferred demand since June, there is a good demand for this polyethylene in July.Price ethylene Asia remained stable  

Source : mrcplast.ru

Author:                Anna Larionova

Related Topics

South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak 

PET polyethylene terephthalate supplies Europe improved

PET supplies in Europe improved   PET polyethylene terephthalate supplies Europe improved  

PET polyethylene terephthalate supplies Europe improved MOSCOW ( MRC ) – Supplies of polyethylene terephthalate (PET) in Europe have improved, but the market balance remains volatile, ICIS reports citing market participants.

Supplies have improved due to the end of force majeure circumstances for some manufacturers.  PET polyethylene terephthalate supplies Europe improved  

So, last week the Indian company JBF Industries withdrew force majeure in the manufacture of polyethylene terephthalate (PET) in Gel (Geel, Belgium), announced due to a shortage of supplies of raw materials to TFK. The company announced a force majeure for the supply of PET from this production facility with two lines with a total capacity of 432 thousand tons per year on May 16.

The prices fell below the maximum reached earlier at the level of EUR1400 per tonne, FD Europe. Asian imports are again seen as a relatively competitive option, especially for supplies in September and October.

“The market balance is still too fragile, with any change in circumstances, prices may rise again,” said one of the traders.  PET polyethylene terephthalate supplies Europe improved  

According to the Price Review of ICIS-MRC , the situation in the Russian injection molded PET market changed sharply in July.   PET polyethylene terephthalate supplies Europe improved  

The downward price trend in the domestic spot market of PET granules this week has intensified against the backdrop of a decline in peak demand for Russian granules.

The material prices of Chinese plants are going down for the fifth week in a row. The upper limit of the spot prices of the Ecopet plant for a lot of 20 tons dropped to 150,000 rubles. per ton, CPT Moscow, including VAT.  PET polyethylene terephthalate supplies Europe improved  

According to unofficial information, the Kaliningrad plant concluded a spot deal for the sale of 700 tons of PET at a price of 133500 rubles. per ton, CPT Moscow, including VAT. The plant still has some free July volumes.

mrcplast.ru

Author:                Anna Larionova

Related Topics

-China – Filament Grade Semi Dull PET Chip – China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯

China – Filament Grade Semi Dull PET Chip – China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯

China – Filament Grade Semi Dull PET Chip – China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯

China – Price Trend of Filament Grade Semi Dull PET Chip in Jiangsu is steady.

 

China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯Polyestertime: Polyester DTY  

The prices of Semi-dull Chips in Jiangsu and Zhejiang are at 7,850 –  8,000  yuan/ton (cash),nearby.

The Bright Chip’s price in Jiangsu and Zhejiang is at 8,100 – 8,250 yuan / ton.

Polyester POY is at 9,350 -9,500 yuan/mt cash ex-works, while Polyester  DTY is at 10,850- 11,000 yuan/mt cash ex-works.

 

 

————————————————————–


China –PET Bottle Chip (Polyethylene terephthalate) -The  Market prices continue to be weak.

China Filament Grade Semi Dull PET Chip PET bottle chip 瓶芯Polyestertime :Preform and PET chips

The domestic Polyester Bottle Chip I.V. 0,80 is at 9,000 – 9,150 yuan / ton cash,(ex-works).

The export PET Bottle Chip I.V. 0,80 is at 1,220 – 1,270 $ /ton FOB CMP.

 

 

 

 

Related Topics

-Polymers Petrochemicals PET Resin Polyester Filament – Graphs – FGPET – FGPET Bright -BGPET -POLYAMIDE图形 – 聚酯切片对苯二甲酸单乙二醇己内酰胺聚酰胺聚酯纱丙烯腈丙烯酸短纤维聚丙烯聚乙烯石脑油苯 – sợi tổng hợp

“Mega-Plast” plans to open production of PET preforms in the SEZ “Dubna” – Mega-Plast plans to open production of PET preforms and closures in the special economic zone (SEZ) Dubna, Interfax reported – MegaPlast PET preforms Dubna

South Asia PE Polyethylene PP Polypropylene trades stay weak

South Asia PE, PP trades stay weak amid uncertainties    South Asia PE Polyethylene PP Polypropylene trades stay weak 

Source:ICIS News

SINGAPORE (ICIS)–Spot polyolefin trades in south Asia may remain subdued through August amid uncertainties related to India’s plastics ban and to Pakistan’s upcoming elections.

On 13 July, linear low density PE (LLDPE) film prices were at $1,090-1,120/tonne CFR (cost & freight) India, down $10/tonne week on week; and at $1,140-1,180/tonne CFR Pakistan, down $10/tonne at the low end of the previous week’s assessed range, according to ICIS data.

Prices of PP raffia/injection declined $10-20/tonne over the same period to $1,260-1,280/tonne CFR India and $1,280-1,310/tonne CFR India, the data showed.

South Asia PE Polyethylene PP Polypropylene trades stay weak

South Asia PE Polyethylene PP Polypropylene trades stay weak

In India, a weak rupee (Rs) against the US dollar continued to undermine bulk PE and PP imports, especially since domestic supply is sufficient to cover immediate requirements.

Some PE grades, such as low density PE (LDPE) and LLDPE film, remained oversupplied in the country as most local producers run their plants at near-full rates.

Some producers also continued to offer incentives for bulk LLDPE film purchases amid a surplus of local supply, further rendering imports unattractive, an Indian trader said.

India turned into a net PE exporter in the fourth quarter of 2017, following start-ups of major local facilities.

For high density PE (HDPE) film, local supply has remained tight, as producers were maximizing HDPE pipe production at almost all stand-alone facilities, in view of better margins realised in pipes.

Despite the tight supply, spot import prices of the material have been declining since June, weighed down by weakness in the Chinese market.

The Indian rupee’s continued depreciation has been worrying traders, which are currently holding stocks bought in April-June at higher prices.

The ban on 23 June on use of disposable plastics in the Maharashtra state, where Mumbai is located, has further weakened demand for HDPE film. Mumbai is one of the most populous cities in the country.

Maharashtra is the 18th state in the country to announce the ban, with Mumbai now the largest city in India to ban single-use plastics.

HDPE film is widely used in the manufacture of plastic bags.

Market players expect demand for some PP grades to also be affected by the ban.

“PP tubular quenched (TQ) film widely used in packaging, so demand for this has also slowed locally,” an Indian buyer said.

Market players have adopted a cautious stance due to uncertainties over the ban’s coverage.

“We are still awaiting clarity on what are the items covered under the ban. There are items being excluded from the list as well such as packaging at the manufacturer’s end, so we need to wait till we can have full clarity on what exactly is covered by the ban,” an Indian trader said.

In Pakistan, demand for polyolefins has remained largely weak this month ahead of its general elections on 25 July.

The recent sharp depreciation of the Pakistani rupee (PRs), following the central bank’s call to boost the country’s foreign exchange reserves, has rendered imports expensive.

“The market is expected to recover not before late August, by which [time] we can have some clarity on the new government coming into power and its policies,” a Pakistan-based processor said.

Picture: Vallarpadam Terminal, Kochi, Kerala, India (Photographer: Olaf Kruger/imageBROKER/REX/Shutterstock)

By Veena Pathare
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VELOX SK Chemicals announce developed transparent bio-plastic

VELOX and SK Chemicals announce newly developed transparent bio-plastic    VELOX SK Chemicals announce developed transparent bio-plastic  

by Grace Nolan

AMPAC Fine Chemicals Acquired SK Holdings

AMPAC Fine Chemicals To Be Acquired By SK Holdings   AMPAC Fine Chemicals Acquired SK Holdings

AMPAC Fine Chemicals

 AMPAC Fine Chemicals Acquired  SK Holdings RANCHO CORDOVA, California, /PRNewswire/ — AMPAC Fine Chemicals (“AFC”), a leading US-based Contract Development and Manufacturing Organization (“CDMO”), today announced its sale to SK Holdings (“SK”), an investment holding company of SK Group (South Korea). This acquisition is the largest M&A transaction announced in the Korean pharmaceutical industry.

Since February 2014, AFC has been owned by H.I.G. Capital (“H.I.G.”), a global private equity firm. Under H.I.G.’s ownership, AFC expanded the manufacturing footprint at Rancho Cordova, CA facility, started AMPAC Analytical, acquired a state-of-the art plant in Petersburg, VA, substantially enhanced its product pipeline, and delivered industry-leading growth every year since acquisition.AMPAC Fine Chemicals Acquired SK Holdings

SK is purchasing AFC due to its unique capabilities, world class facilities, excellent reputation, outstanding people and great growth potential. AFC is SK’s sole CDMO operation in the US and will play a crucial part in SK’s development as a global leader in pharmaceuticals manufacturing.AMPAC Fine Chemicals Acquired SK Holdings

“Pharmaceuticals is one of SK Holdings’ key pillars of growth and the acquisition of AFC is an important step towards becoming a global player in the market,” said Donghyun Jang, President and Chief Executive Officer of SK Holdings. Mr. Jang added, “AFC’s development and manufacturing capabilities and outstanding regulatory track record are an excellent complement to SK.”AMPAC Fine Chemicals Acquired SK Holdings

Aslam Malik, Chief Executive Officer of AFC, added, “We are excited to join SK Holdings. SK and AFC are highly complementary and with SK’s strong presence in Europe and Asia, we will be able to provide our customers a much broader portfolio of offerings including a global supply chain. Together we will achieve SK’s goal of becoming a global, top-tier CDMO.”AMPAC Fine Chemicals Acquired SK Holdings

ABOUT AMPAC FINE CHEMICALS

AFC is a U.S.-based company with demonstrated capabilities in process development, scale-up, and cGMP commercial production of active pharmaceutical ingredients and registered intermediates for pharmaceutical and biotechnology customers.  Its specially engineered facilities and experienced staff allow AFC to safely produce highly energetic compounds at commercial scale. AMPAC Fine Chemicals Acquired SK Holdings

AFC’s other technology platforms include production of highly potent compounds, continuous processes and industrial-scale chromatographic separation using simulated moving bed chromatography.AMPAC Fine Chemicals Acquired SK Holdings

In addition, AMPAC Analytical also provides testing services to the pharmaceutical industry. AFC’s operations are located in Rancho Cordova & El Dorado Hills CALa Porte, TX and Petersburg, VA.  Additional information about us can be obtained by visiting our web site at www.ampacfinechemicals.com.

ABOUT SK HOLDINGS

SK Holdings continues to enhance its portfolio value by executing long-term strategic investments with a number of competitive subsidiaries in various business areas, including energy and chemicals, information and telecommunication, and semiconductors. In addition, SK Holdings is focused on reinforcing its growth foundations through profitable and practical management based on financial stability, while raising its enterprise value by investing in new future growth businesses. For more information, please visit http://www.sk.com/en/index.jsp.

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Bioplastics solve plastic pollution problem plastic crisis

Why “bioplastics” won’t solve our plastic pollution problem     Bioplastics solve plastic pollution problem plastic crisis

With the process to develop European laws to cut plastic pollution in full swing, we are witnessing a big push for bio-based and biodegradable plastics as a supposed quick fix to our plastic crisis.

This infographic explains why they are not. These so called “bioplastics” are not an excuse to keep using single-use plastics – prevention and reuse are the real solutions.

 Bioplastics solve plastic pollution problem plastic crisis

Read more

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Earlier date Intertextile Shanghai proves popular

Earlier date of Intertextile Shanghai proves popular   Earlier date Intertextile Shanghai proves popular

This September will see over 4,000 suppliers and more than 70,000 trade buyers gather for Intertextile Shanghai Apparel Fabrics, and the earlier date for the industry’s largest trade event is attracting many of the biggest apparel fabrics and accessories back to the 2018 edition.Earlier date Intertextile Shanghai proves popular

Signed up to return with their Group Pavilions, which will feature these brands’ partner mills, are Birla, DuPont, Hyosung, Invista and Lenzing, while Ecocert / GOTS and Oeko-Tex will also have their own pavilions in the All About Sustainability area.

Earlier date Intertextile Shanghai proves popular

In the Functional Lab area, leading players such as Aquafil, Nilit, Toray and Unifi will feature again, while 3M are confirmed to participate in Accessories Vision. Two international promotion bodies Cotton Council International and The Woolmark Company also return, as do global Chinese players Bros Eastern and Huafu Fashion. Among the many Japanese participants will be Komatsu Seiren and Stylem, while Dormeuil and Malhia Kent from France participate again this year.Earlier date Intertextile Shanghai proves popular

New hall allocation

The unavailability of three halls at the National Exhibition and Convention Center in the latter part of this year has resulted in a reorganisation of the hall allocation, with the two International Halls being 4.1 and 5.1 this edition, and domestic exhibitors grouped by product end-use throughout eight halls.Earlier date Intertextile Shanghai proves popular

Hall 4.1 will include country and region pavilions of India (Texprocil and Indian Chamber of Commerce Pavilions), Pakistan and Taiwan, group pavilions of Birla, DuPont, Hyosung, Invista and Lenzing, and feature zones will be Digital Printing Zone and Functional Lab.

Hall 5.1 will feature France, Germany, Hong Kong, Japan, Korea, Taiwan, Thailand and Turkey pavilions, as well as the Milano Unica Pavilion, in addition to pavilions of Ecocert / GOTS, Korea Textile Center, Korea Textile Trade Association and Oeko-Tex. Feature zones will include All About Sustainability, Premium Wool Zone, SalonEurope and Verve for Design.Earlier date Intertextile Shanghai proves popular

One-off change

This same unavailability of the halls has also necessitated a change for Yarn Expo for its 2018 Autumn Edition. Originally scheduled to take place concurrently with Intertextile Shanghai, it will now be held from 15-17 October, also at the National Exhibition and Convention Center, and will coincide with the biennial ITM Asia + CITME textile machinery fair.Earlier date Intertextile Shanghai proves popular

This one-off change is only for 2018, with Yarn Expo and Intertextile Shanghai Apparel Fabrics to be held concurrently again for both the Spring and Autumn Editions next year.

On display

As a sourcing platform in the industry, the fair’s product groups include cotton, wool, man-made, silk, linen / ramie, denim and knitted fabrics, as well as lace and embroidery, fibres and yarns, garment and fashion accessories, original pattern designs, sustainability products and services and digital printing technologies. Application areas for these products include ladieswear, menswear, suiting, shirting, casual wear, functional wear / sportswear, denimwear, lingerie and swimwear, children’s wear and more.

Intertextile Shanghai Apparel Fabrics will still run concurrently with the CHIC and PH Value fairs this edition, which take place in halls 2 and 3.Earlier date Intertextile Shanghai proves popular

www.intertextileapparel.com

Source : Knitting Industry

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Toray Plastics America three new films Pack Expo Intl. 2018

Toray Plastics (America), Inc. to showcase three new films at Pack Expo Intl. 2018    Toray Plastics America three new films Pack Expo Intl. 2018

by: PlasticsToday Staff
Packaging
Extrusion: Film & Sheet, Materials

Toray Plastics America three new films Pack Expo Intl. 2018It’s a three-family affair for Toray Plastics (America), Inc. (North Kingstown, RI) at Pack Expo Intl. 2018, October 14-17, at McCormick Place in Chicago, booth 6275.

The global provider of clear, metallized, white, and bio-based thin film barrier technology will feature advancements in three families of packaging films—Torayfan clear barrier BOPP, Torayfan white BOPP, and Lumirror high barrier PET.

These portfolios are manufactured with Toray’s proprietary technology and provide brands and converters with creative solutions that deliver solid performance with a lower total cost.Toray Plastics America three new films Pack Expo Intl. 2018

Desirable film features include thin and ultra-thin offerings, transparent high-barrier, metallized to replace foil, a white pigmented appearance, bio-based materials, integrated sealant technology with improved hermeticity and seal strength, easy-open packaging and lidding, “premium-feel” outer webs, and solutions for digital printing and e-commerce applications. Additional product announcements will be made at the show.

“Sophisticated consumer preferences are driving packaging design decisions,” says Tammy Williamson, Associate Product Manager, Torayfan Division. “People’s desire for fresh and ‘clean’ foods, product visibility, sturdy, ‘on-the-go’ packaging, portion-control, and e-commerce convenience, along with their expectation that a company demonstrate a verifiable commitment to sustainability is clear. Toray has a legacy as a leader in film technology innovation, including bio-based films, and sustainable business practices, and we are very excited to share our knowledge with Pack Expo attendees this fall.”

PLASTEC Minneapolis 2018 held June 12-14 October 31-November 1 is part of the Midwest’s largest advanced design and manufacturing event that also includes MinnPack brings you the latest in materials and additives, injection molding, rapid prototyping, coatings, automation, packaging and more. For details, visit PLASTEC Minneapolis.Toray Plastics America three new films Pack Expo Intl. 2018

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

• Torayfan CB3 portfolio, a new generation of transparent high-barrier biaxially oriented polypropylene films. CB3 films are available in 70 and 80 gauge versions in sealable and non-sealable versions. These new films are polyvinlyidene chloride-free and offer superior barrier-durability protection for nuts, seeds, snacks, cookies, dried fruit, and confections.

• New Torayfan white pigmented BOPP films for snack food packaging are metallized on one side in sealable and non-sealable versions and are available in a variety of barrier levels and heat-seal strengths. Toray’s white films combine the pigment, sealant, and barrier in one web, enabling the manufacture of a standard two-ply lamination.

• Toray’s new Lumirror high-barrier PET films designed to provide extended shelf life. New MK6HB metallized film offers outstanding oxygen and moisture-barrier protection, and PA1HB is a clear-barrier film that delivers outstanding oxygen barrier. Both offer superior aroma protection.Toray Plastics America three new films Pack Expo Intl. 2018

• New Over the Mountain high-barrier BOPP films. These OTM films are designed with integrated sealant technology, improved hermeticity (air tightness), and the seal-strength to withstand the air pressure changes that occur when products are transported in changing altitudes, which can cause a package to burst. They’re also robust enough to eliminate the need for a separate sealant film and allow a switch from a complex three-ply lamination to a two-ply structure. Converters value not needing the separate sealant web and the extra lamination step. OTM films are ideally suited for the regional manufacturer that wants national distribution and for e-commerce applications.

For more information about Toray films to be featured at Pack Expo Intl. 2018, contact Mary.Osso@Toraytpa.com or call 401-667-2281.

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Sabic lowered August contract price MEG Asia

Sabic lowered the August contract price of MEG for Asia by USD25 per tonne    Sabic lowered August contract price MEG Asia 

Sabic lowered August contract price MEG Asia MOSCOW – Sabic, the largest Saudi petrochemical company, has lowered the contract price of monoethylene glycol (MEG) to supply material to the Asian market in August at USD25 per tonne in relation to supplies in July, ICIS source in the company said.

Thus, the contract prices of the company’s MEG for July deliveries to Asia will be at the level of USD1,080 per tonne, CFR Asia.Sabic lowered August contract price MEG Asia

The continued depreciation of the Chinese yuan against the US dollar weakened consumer interest from the second half of June, putting downward pressure on MEG prices.

Earlier it was reported that Sabic had lowered the contract price of monoethylene glycol (MEG) for supplies of material to the Asian market in July at USD45 per tonne compared to the June price level to USD1,105 per tonne, CFR Asia.Sabic lowered August contract price MEG Asia

MEG is one of the main raw materials for the production of polyethylene terephthalate (PET).Sabic lowered August contract price MEG Asia

According to the Price Review of ICIS-MRC , the situation in the Russian injection molded PET market changed sharply in July.Sabic lowered August contract price MEG Asia

The downward price trend in the domestic spot market of PET granules this week has intensified against the backdrop of a decline in peak demand for Russian granules.Sabic lowered August contract price MEG Asia

The material prices of Chinese plants are going down for the fifth week in a row. The upper limit of the spot prices of the Ecopet plant for a lot of 20 tons dropped to 150,000 rubles. per ton, CPT Moscow, including VAT.

According to unofficial information, the Kaliningrad plant concluded a spot deal for the sale of 700 tons of PET at a price of 133500 rubles. per ton, CPT Moscow, including VAT. The plant still has some free July volumes.

Sabic is a diversified company producing chemical products, industrial polymers, fertilizers and metals. It is the largest state company in Saudi Arabia.

Sabic is currently the world’s second largest producer of ethylene glycol, the third largest producer of polyethylene, the fourth largest producer of polypropylene.

Sabic reduced its net profit last year by 7% to SR23.43 billion (Saudi reais), which is equivalent to USD6.24 billion, as the average price of sold products and the increased sales volumes decrease.

mrcplast.ru

Author:                Anna Larionova

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USA China Trade War will Impact Plastics Industry

USA China Trade War will Impact Plastics Industry

The trade war has escalated impacting the plastics industry.

USA China Trade War will Impact Plastics Industry100 types of plastic products, materials and equipment from China are included on the 10 July lists of goods that will be taxed. The list represents an approximate value of $200bn (€172bn) worth of Chinese goods. The list includes flexible tubes, pipes, hoses, PVC and other plastic tiles, flooring, furniture, bags and boxes, building products, luggage, plastic machinery and moulds.US-China Trade War will Impact Plastics Industry  

Import taxes were also imposed on steel and aluminium from Canada, the European Union and Mexico earlier this year. The U.S. plastics industry relies on steel and aluminium imports to manufacture goods so these sanctions will also impact the plastics industry.

The Trump administration justifies the trade sanctions against China to protect US national security and intellectual property, and to reduce the U.S. trade deficit.

Trump and many others accuse China of unfair commercial practices.

China’s unfair commercial practices

  • exporters receive export tax rebates and export subsidies;
  • exporters receive subsidies for the construction of plants and the purchasing of equipment;
  • exporters receive subsidies to cover start up losses and training costs;
  • local and national governments finance start ups;
  • China doesn’t respect quality and safety guidelines leading to lower production costs;
  • strict control of the Chinese currency leads to an under evaluated currency making Chinese exports even cheaper;
  • intellectual property rights & piracy – China copies almost everything;
  • corruption: China bribes its way through (ex: How China accesses natural resources in Africa);
  • child labour and inhumane working conditions.

China’s unfair commercial practices results in

  • Chinese Trade Surplus with the US;
  • many US jobs go to China because of cheap labour and low production costs;
  • China has a huge cashflow and buys many US assets.

China is not the only one to blame for this distorted situation. US and the rest of the world have accepted a lot from China under the so-called “free trade” fairy tale.

Many US companies benefit from cheap labour and low production costs by running operations in China and importing cheap Chinese goods.

We’ve all heard the smartphones stories: child labour, cheap production costs, high margins and trillions of profit.US-China Trade War will Impact Plastics Industry  

Trump reminds us of the bad guy in the “Back to the Future” trilogy; Mad Dog Tannen. Many believe China needs to be stopped before it disrupts Western democracies like the oil crisis in the 1970s.US-China Trade War will Impact Plastics Industry  

Trump could be the right guy to win this trade war against China because he doesn’t really care about the consequences. His attention span is close to the one of the goldfish so he doesn’t really bother about the details.US-China Trade War will Impact Plastics Industry  

One may ask the following questions. How far will this escalate and who will give in first? Will Trump push China into a corner and force it to capitulate? Will this be the ultimate power test for China? US-China Trade War will Impact Plastics Industry  

Will China come out as a winner or will it be domesticated by Trump? Will a trade war lead to social unrest in China?US-China Trade War will Impact Plastics Industry  

What about the rest of the World? Japan is an ally of the US and their relationship with China has not always been “romantic”. India lives in the shade of China and could benefit from a weaker China. Turkey could also inherit some Chinese business.

What about Europe? Was it not Kissinger who said: Who do I call if I want to call Europe? The president of the EU Commission, Juncker, is not always sober. UK will be removed from the EU equation because of Brexit.US-China Trade War will Impact Plastics Industry  

Merkel has been long enough in power to have burnt her wings regarding European foreign policies. Spain is in a political crisis between corruption scandals and separatism. Italy has an extreme right political party in power. Greece was transferred to the bankers. That’s about it.US-China Trade War will Impact Plastics Industry  

Will Mad Dog Tannen bluff his way through a trade war, domesticating China a little bit more? Will the trade war have a long lasting negative impact on the plastics industry or will the industry adapt, modernise and become more lean and agile? Or Will the trade war just fade away?US-China Trade War will Impact Plastics Industry  

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AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Plastic-metal composite and alternatives to PA 6.6 in focus for lightweight construction  AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Akro-Plastic offers up substitute for nylon 6/6

AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

Plastic-metal composite and alternatives to PA 6.6 in focus for lightweight construction

Polyamide 6.6 compounds have limited availability in the market due to the shortage of raw materials that has existed for years, and prices are rising steadily.  Therefore, AKRO-PLASTIC has set itself the task as an attractive alternative to modify a PA 6 so that it achieves comparable properties to a PA 6.6.

The new development of AKRO-PLASTIC with regard to a PA 6.6 substitution is called AKROMID® B +.  Reinforced with 50% glass fibers, this compound is conditioned and reaches the same strengths at 80 ° C as a conditioned PA 6.6 GF50 (115 MPa breaking stress).  The stiffness of the conditioned material is also almost at the level of PA 6.6.  “Our new polymer-modified PA 6-type is priced between PA 6.6 and PA 6 and therefore offers considerable savings potential,” says Thilo Stier, Head of Innovation and Sales at AKRO-PLASTIC.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

A portfolio of 30 to 50% glass-reinforced AKROMID® B + compounds is available for sampling, with a 60% fiber grade coming soon.  “We will present the first components made of the new material and complete material values ​​such as aging and conditioning to our visitors at our booth,” adds Stier.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

For some time now there has been a development partnership with the company Plasmatrat with regard to material development with regard to plastic-metal composite.  The resulting AKROMID® PST creates a tensile shear strength of well over 50 MPa in combination with stainless steel, for example.  “After intensive development of these compounds, we now have excellent adhesion to aluminum.  This is above 30 MPa with an overlap area of ​​12.5 x 25 mm.  In some aluminum variants, tensile shear failure causes fracture in the aluminum and not in the adhesion surface (see Figure 1), “explains Cyprian Golebiewski, Head of Application Engineering at AKRO-PLASTIC.

As an alternative to hydrolysis-stabilized polyamide, the compounder with AKROMID® A3 GF 30 4 L black (4678) presents a new material with outstanding mechanical properties and resistance to hydrolysis.  The blend of PA 6.6 and PP provides excellent hydrolyzing properties.  The proportion of PA 6.6 is significantly reduced here, and the material is also density-optimized, thus offering an additional weight advantage.

BIO-FED, a branch of AKRO-PLASTIC GmbH based in Cologne, produces and markets biodegradable and / or bio-based plastics under the M ∙ VERA® brand.  In order to meet the legal requirements, inter alia in France and Italy, BIO-FED offers compounds with a correspondingly high proportion of renewable raw materials (bio-based carbon content above 40%) and variable end-of-life scenarios such as OK compost INDUSTRIAL, OK compost HOME and OK biodegradable SOIL, which will also be presented to the German-speaking trade audience at the Fakuma.

Also based in Niederzissen, AF-COLOR is, as a further branch of AKRO-PLASTIC, the specialist for color and additive masterbatches.

It informs trade fair visitors about new chemical blowing agents for use in thin-walled packaging applications, which are produced in the multi-layer production process or used in technical-constructive applications. AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

In addition, AF-COLOR will introduce its new additive portfolio for PET packaging applications.AKRO-PLASTIC Fakuma 2018 Plastic metal composite alternatives PA 6.6

You will find AKRO-PLASTIC at the Fakuma 2018 together with its branches AF-COLOR and BIO-FED and the sister company KD Feddersen at the joint stand in hall B2, 2209.

Source: AKRO-PLASTIC

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BioEconomy LCA Life Cycle Assessment Bioplastics

European Commission, European Environment Agency and EU Universities on BioEconomy, LCA and Bioplastics     BioEconomy LCA Life Cycle Assessment Bioplastics

 BioEconomy LCA Life Cycle Assessment BioplasticsThe following presentations were given during a Bioeconomy Conference in Brussels in June 2018

The conference served as a platform to present and discuss the considerations emerging from the study “Bioeconomy: Support to Policy for Research and Innovation”.

The overall objective of the study Bioeconomy: Support to Policy for Research and Innovation is to provide a range of new information and analyses on three distinct but related topics comprising:

  • Full Life Cycle Assessment (LCA) of case studies comparing bio-based with fossil based products
  • EU  success stories, with insights on the bio-based sector and the investment potential it offers
  • Top emerging bio-based products, their properties and industrial applications

PRESENTATIONS

  • European Environment Agency

The circular economy and the bioeconomy – Partners in sustainability

  • Utrecht University

Life Cycle Assessments of seven innovative bio-based products

  • European Commission

Plastics LCA – challenges and knowledge gaps

  • University of Bologna

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-Bio-on inaugurates in Italy the first special bioplastics production plant. 100% natural and biodegradable – Bioon Italy special bioplastics 100% natural biodegradable

French develop EPS Recycling Scheme polystyrene

French to develop EPS Recycling Scheme   French develop EPS Recycling Scheme polystyrene 

French develop EPS Recycling Scheme polystyrene

French to develop EPS Recycling Scheme (c) Jon Larson

Two French companies and two national industry associations have joined forces to launch a polystyrene recycling system as part of France’s contribution to the EU’s Circular Economy plans. According to estimates, some 110,000 t of PS-based packaging is placed on the market annually across the country.

The partners in the venture – energy and petrochemicals group Total, building materials producer Saint-Gobain, the recyclers association Citeo and dairy products group Syndifrais – are currently studying the technical and cost feasibility of their scheme, with an eye to launching it up to 2020. Other players in the PS and recycling fields may join the project at a later date.French develop EPS Recycling Scheme polystyrene

Citeo, the recycling group formed in 2017 through a merger of French national packaging waste company Eco Emballages with Ecofolio, will have responsibility for sorting and preparing the collected waste material for recycling, while Syndifrais will evaluate the technical findings to improve the plastic products and facilitate their reuse. The project will also seek to identify uses for the recyclate.French develop EPS Recycling Scheme polystyrene

As its contribution, Total will utilize the recycling technology it successfully tested last year to produce 4,000 t/y of virgin quality PS containing at least 20% recyclate at its plants in Carling, France, and Feluy, Belgium, by 2019. Input material will be drawn from the French household collection system.French develop EPS Recycling Scheme polystyrene

Through its subsidiary Placoplatre, Saint-Gobain is already participating in circular economy initiatives. Placoplatre collects discarded EPS at construction sites and reuses the material in its own production. The company based in Brittany also hopes to use the waste to produce higher quality insulation material containing a recycled component.

Earlier this year, France introduced its circular economy road map under the name Feuille de route pour l’économie circulaire (FREC) and set itself the goal of recycling 100% of plastics waste by 2025.French develop EPS Recycling Scheme polystyrene

At present, the country recycles only 22% of such waste, which is well below the European average.v

Earlier this month, 55 companies and associations working in France, including producers and consumers of packaging and those active in the building and automotive industries, signed a voluntary commitment to use altogether 275,000 additional t of recycled plastics up to 2025.French develop EPS Recycling Scheme polystyrene

Authors

Dede Williams, Freelance Journalist

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-Amut for Ecoplasteam:First Plant in the World for the Recovery of Food Packaging Waste (Tetrapak) – Amut Ecoplasteam Recovery FoodPackaging Waste Tetrapak

Textiles paying polyester protection textile industry

Textiles: paying for polyester protection   Textiles paying polyester protection textile industry 

 BR RESEARCH

Adaptability holds paramount importance in today’s continuously evolving consumer landscape. After all, the customer knows best and any production incompatible with those wishes will simply fail to make its mark.

Textiles paying polyester protection textile industry

While the textile industry has faced a lot of problems including a high cost of production and an overvalued currency, the lack of product diversification is one that has made Pakistan’s products out-dated and at the risk of becoming irrelevant in the modern space.

Much has been written about it in this space (Read: Changing trends in textiles and Textile: Evolving consumer preferences) and the State Bank of Pakistan’s (SBP) recently released third quarterly report has a special section dedicated to the importance of synthetic textiles for sustaining export growth momentum.

Textiles paying polyester protection textile industry

Pakistan continues to have a pre-dominantly cotton based textile industry while the share of cotton in global fibre consumption has sharply declined from 70 percent more than fifty years ago to 27 percent in 2016.Textiles paying polyester protection textile industry 

The country’s fibre mix is still 80:20 in favour of cotton while according to the report only 25 percent of Pakistan’s spinning machines are using man-made fibres (MMF) to produce blended yarn.Textiles paying polyester protection textile industry 

On the other hand, our neighbours China, India and Bangladesh and other Asian countries including Vietnam and Cambodia together account for more than 80 percent of global polyester staple fibre (PSF) and have become the major players in synthetic textile exports.

Granted, Pakistan does not have an established chemical industry to aid in the production of textile polymers. But as the central bank points out, Vietnam, Bangladesh and Cambodia import MMFs fibres, yarns and fabrics to produce and export synthetic garments. In fact Vietnam is the second biggest exporter of synthetic textile to the US after China.Textiles paying polyester protection textile industry 

So why has Pakistan been left so far behind the curve? The answer lies in illogical policies pertaining to duty imposition (Read: Illogical protectionist measures) leading to what the SBP correctly terms as anti-export bias.

Both purified terephthalic acid (PTA) and PSF have enjoyed high duty protection with a 25 percent duty imposed way back in late nineties.Textiles paying polyester protection textile industry 

After this the share of MMFs in Pakistan’s textile product mix steadily declined even though the duty structure has been somewhat relaxed since then.

Moreover, as the central bank points out the tariff liberalisation has not been uniformly applied to finished products which have more protection compared to raw materials including tow and fibres.Textiles paying polyester protection textile industry 

What this has done is tilt Pakistan’s imports towards fibres in stark contrast to regional peers including Vietnam and Cambodia who import full spectrum of synthetic textiles as illustrated by the figure.Textiles paying polyester protection textile industry 

But even fibres are being subject to high tariff rates as compared to regional peers supposedly to provide protection to the domestic polyester industry.

The government has kept the customs duty at 7 percent in favour of local manufacturers while exporters are paying 11 percent customs duty, as well as 5 percent regulatory duty, on the import of filament yarn.
But at what cost? According to the National Tariff Commission’s (NTC) determination of anti-dumping duty on PSF, the lion’s share of the production is held by Ibrahim Fibers Limited (55%) and ICI Pakistan Limited (29%). Production by both companies for FY17 clocked in at 290,697 and 121,929 tons respectively. But industry stakeholders argue this production only meets a small part of overall fiber consumption in the country.

The Pakistan Yarn Merchants Association (PYMA) believes that for polyester FDY yarn (HS. Code 5402.4700) the local production amounts to only 3 percent and the remaining is imported. Similarly, polyester DTY’s (HS Code 5402.3300) local production amounts to only 25 percent of the required needs of the weaving industry whereas the rest again needs to be imported. This raises some important questions. Firstly if the local supply is unable to meet the required demand what is the purpose imposing an anti-dumping duty? Secondly, as the SBP pertinently points out if after adding all these duties and tariff barriers what is the point if the domestic industry fails to flourish?

As this newspaper has commented before and the SBP has reiterated in its report, the government should reconsider protectionist policies for polyester fibre and filaments if Pakistan’s textile sector is to catch up in the race of shifting towards synthetic fibres.

Copyright Business Recorder, 2018
SourceBusiness Recorder

Related Topics

-Govt May impose Anti-Dumping Duty on Chinese Polyester Yarns – India AntiDumping Duty Chinese Polyester Yarns

-U.S. imposes anti-dumping tariffs on Taiwan textile firms – The U.S. Department of Commerce (DOC) has decided to impose anti-dumping tariffs on fine denier polyester staple fiber suppliers in Taiwan – USA antidumping tariffs Taiwan textile firms

Kraiburg TPE portfolio automotive consumer applications

TPE portfolio for automotive and consumer applications expanded  Kraiburg TPE portfolio automotive consumer applications

Outstanding processing, adhesion and surface properties

KRAIBURG TPE is highlighting its market-driven and customer-oriented development expertise at the 26th International Trade Fair Fakuma held from October 16 to 20, 2018 at Friedrichshafen Exhibition Center.Kraiburg TPE portfolio automotive consumer applications

In addition to current applications for its thermoplastic elastomers (TPEs), the company – at Booth 5303 in Hall B5 – will also be showcasing two advanced new material series that provide excellent properties for automotive interior and consumer applications.

“Fakuma is the largest trade fair specializing in plastics processing in Europe, the Middle East and Africa (EMEA),” emphasizes Franz Hinterecker, CEO of KRAIBURG TPE.

“With our comprehensive materials expertise, sound knowledge of the market and consistently close customer relations, we’ll be offering visitors to the fair a comprehensive demonstration of competence covering every aspect of thermoplastic elastomers.”

New compounds for soft-touch automotive interior applications

Kraiburg TPE portfolio automotive consumer applications

With FG/SF, the new THERMOLAST® K series and latest innovation for the automotive industry, KRAIBURG TPE is expanding its portfolio in this growing market segment.

The series comprises several compounds in the Shore A hardness range between 50 and 80 with excellent surface properties for automotive interior parts – properties that include reliable adhesion to polypropylene and good abrasion resistance.

The materials can be processed at relatively low pressures. Along with the standard black and natural colors, customer-specific colors are also available.
The new FG/SF compounds also comply with all common OEM standards for components used in automotive passenger compartments in relation to emission and smell as well as UV-resistance.Kraiburg TPE portfolio automotive consumer applications

The target applications range from floor mats and anti-slip mats with complex geometry that require enhanced surface quality to decorated surfaces and functional parts with a pleasantly soft touch, such as thumb wheels and switches.

FDA-compliant TPEs for multi-component applications with PA

The new compounds in the FC/AD/PA THERMOLAST® K series are aimed at manufacturers in the consumer and food industries.

These materials have been developed specifically for food contact and feature excellent adhesion to polyamides. The natural-colored compounds are available in hardness degrees ranging from 40 to 80 Shore A.Kraiburg TPE portfolio automotive consumer applications

They are not only characterized by easy processing and colorability, but also by high tensile strength and elongation at break.Kraiburg TPE portfolio automotive consumer applications

This makes the TPE family particularly suitable for a wide range of applications with direct food and mouth contact such as container and packaging seals, and parts of kitchen utensils and tableware.Kraiburg TPE portfolio automotive consumer applications

Other applications include sports items and cosmetics, as well as seals for hearing aids.

Diversity through specialization

The applications with thermoplastic elastomers that are being showcased range from motor vehicle window profiles to consumer goods, to e-mobility applications, to electrosurgical instruments and a new mascara container.
From October 16 to 20, at Booth 5303 in Hall B5, visitors to Fakuma will be able to have detailed technical discussions and interviews with the manufacturer’s market and materials experts about the wide range of potential applications provided by the company’s TPE solutions.Kraiburg TPE portfolio automotive consumer applications
Related Topics-New Products: Teknor Apex medical TPEs – Teknor Apex Co. will introduce new medical-grade thermoplastic elastomers for injection molded plunger stoppers at NPE2018, held May 7-11 in Orlando, Fla. – Teknor Apex medical TPEs thermoplastic elastomers-Teknor Apex Supplies Recycled Polyamide Compounds in Europe – Teknor Apex Recycled Polyamide Compounds Europe

Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

ALPLA: Michael Heyde, Head of Recycling Technology.

ALPLA Werke Alwin Lehner GmbH & Co KG

On 2 July Michael Heyde joined the Aus­trian packa­ging pro­ducer ALPLA as head of recy­cling tech­no­logy. The 58-year-old spe­cia­list in recy­cling and the cir­cular eco­nomy will focus on the expan­sion of recy­cling capa­ci­ties at ALPLA.

Heyde is a reco­gnised expert in the deve­lop­ment of new areas of app­li­ca­tion for post-consumer recy­cled plastics. He has exten­sive expe­ri­ence acting as an inter­face bet­ween the waste manage­ment industry and the packa­ging industry. ‘The esta­blish­ment of a centre of exper­tise for recy­cling tech­no­logy at ALPLA is now recei­ving a boost. With Michael Heyde, we will make a decisive impact on the global deve­lop­ment of recy­cling capa­ci­ties. In doing so, we want to expand our pre­vious focus on PET to include HDPE and clo­sures,’ says Dietmar Marin, head of the ISBM and recy­cling busi­ness unit.

Suc­cessful invol­ve­ment at Der Grüne Punkt
Heyde recently served as head of pro­duct and pro­cess deve­lop­ment at Der Grüne Punkt – Duales System Deutsch­land GmbH.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

His respon­si­bi­li­ties par­ti­cu­larly included pro­cess deve­lop­ment for closed-loop sys­tems and the deve­lop­ment of recy­cled mate­rials for the group’s pro­duc­tion faci­li­ties.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

Expe­ri­enced recy­cling spe­cia­list
After com­ple­ting his stu­dies in mechanical/process engi­nee­ring at the Tech­nical Uni­ver­sity of Munich, Heyde began his career as a rese­arch asso­ciate at the Fraun­hofer Insti­tute for Pro­cess Engi­nee­ring and Packa­ging in Frei­sing.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

There, he advanced to head of sys­tems ana­lysis, where his work included the deve­lop­ment of methods for the pre­pa­ra­tion of pro­duct life cycle assess­ments. He earned his PhD from the Tech­nical Uni­ver­sity of Berlin in the sub­ject of food sci­ence and bio­tech­no­logy in 1998. A year later, the engi­nee­ring sci­en­tist took over as head of tech­no­logy at Der Grüne Punkt. Since then, he has made a signi­fi­cant con­tri­bu­tion to the deve­lop­ment of recy­cling manage­ment for packa­ging in Ger­many through various roles within the Duales System Hol­ding group.

More infor­ma­tion about ALPLA: www.alpla.com

About ALPLA:
ALPLA is one of the leading companies in plastic packaging. Around 19,300 employees worldwide produce custom-made packaging systems, bottles, closures and moulded parts at 176 sites across 45 countries.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

ALPLA also operates recycling plants at three locations with an annual capacity of 65,000 tonnes of food-grade rPET. The high-quality packaging is used in a wide range of areas, including for food and drinks, cosmetics and care products, household detergents, washing and cleaning agents, engine oils and lubricants. ALPLA celebrated its 60th anniversary in 2015.Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

Addi­tional infor­ma­tion for edi­tors:
ALPLA, Alex­andra Dittrich (PR and Cor­po­rate Com­mu­ni­ca­tions), Tele­phone: +43 (0)5574 602 1083, email alexandra.dittrich@alpla.com
Pzwei. Pres­se­ar­beit, Werner F. Sommer, Tele­phone: +43 (0)699 1025 4817, email werner.sommer@pzwei.at Recy­cling expert Michael Heyde ALPLA recy­cling tech­no­logy

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-Alpla plans to establish a new Rigid Plastic Packaging Plant in Dayton, Ohio – Alpenplastik Lehner Alwin GmbH (ALPLA, Inc.) is a global manufacturer of rigid plastic packaging for a wide range of consumer products –Alpla Rigid Plastic Packaging Plant Ohio

Uflex Satellite Thermal Radiation Insulation Film ISRO

Uflex develops Satellite Thermal Radiation Insulation Film for Indian Space Research Organization  Uflex Satellite Thermal Radiation Insulation Film ISRO

Uflex Satellite Thermal Radiation Insulation Film ISRONoida (India): Impressed by the wide range of polymeric films that Flex Films manufactures and the associated R&D capabilities that the company is globally recognized for, Indian Space Research Organization (ISRO) had approached the company earlier in September 2017 with a requirement of specialized film for passive thermal control of spacecraft components.


Flex Films at Noida is the Indian Film Manufacturing Arm of India’s largest multinational flexible packaging materials and solution company Uflex Limited.

Taking this requirement in its stride, the engineers at Flex Films India developed a solution for ISRO in a record time period of 6 months.

Talking more about this specialized film, Mr. Anand Prakash Gupta from Speciality Films and R&D Department at Flex Films, Noida says, “ISRO approached us in an endeavour to achieve its vision to self-reliance in Indian Space Programme which aims at engaging more Indian Industries in producing Space worthy products/technologies for its specific applications.Uflex Satellite Thermal Radiation Insulation Film ISRO

Their desired specifications were in electro-optical and physical terms like Solar Transmittance, IR Emittance, Thickness of Coating in nano-meters on both sides of the substrate and wide spectrum working temperature of -150 to +120 degrees Celsius to name a few.Uflex Satellite Thermal Radiation Insulation Film ISRO

The real challenge was to convert these specifications into our measurable norm. For this we sent an A4 sized sample to ISRO to get everything measured and tested in their terms.

When ISRO reverted to us with their requirements in the parameters that they recognize, we extrapolated that information to our measurable norm.

Performing metallization in conventional metallizer was fraught with high risks of getting scratches and other aberrations (anomalies which were absolutely unacceptable for a high precision job that we were processing for ISRO).Uflex Satellite Thermal Radiation Insulation Film ISRO

Further we developed some specialized coatings and applied on the substrate to ensure flawless metallization as required by ISRO.”Uflex Satellite Thermal Radiation Insulation Film ISRO

Talking more about this major break-through Mr. Jagmohan Mongia, President of Flex Films India said, “The specialized metallized film that we supplied to ISRO was subjected to space environmental tests and passed through all parameters/tests qualifying for space application.Uflex Satellite Thermal Radiation Insulation Film ISRO

Here I would particularly like to acknowledge the unrelenting and hard work by the metallizing team of Flex Films India without which it would not have been possible for us to accomplish this goal.Uflex Satellite Thermal Radiation Insulation Film ISRO

After this major break-through we now look forward to working with ISRO more closely in other research areas and technologies. This is just the beginning.”

Expressing delight on this breakthrough, Mr. Ashok Chaturvedi, Chairman & Managing Director, Uflex Limited said, “The most gratifying part of this whole engagement is that Uflex has been able to contribute to ISRO’s endeavour of indigenization and becoming self-reliant in space technology applications.

This is a perfect example of an Indian polymeric film manufacturer meeting and exceeding the performance parameters set by Indian Space Research Organization. This is a major win for Make in India and a moment of truth for Made in India.”

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-Specialized formulation by Uflex renders barrier packaging for edible-oil reprocessable – Specialized formulation by Uflex renders barrier packaging for edible-oil reprocessable – In a big boost to its commitment towards sustainability and circular economy, India’s largest multinational flexible packaging materials and solution company Uflex Limited has developed a customised formulation that renders barrier packaging for edible-oil re-processable – Uflex barrier packaging edible oil reprocessable

United States Intensifies Pressure Iran Oil Customers sanctions  

US Intensifies Pressure on Iran Oil Customers    United States Intensifies Pressure Iran Oil Customers sanctions 
United States Intensifies Pressure Iran Oil Customers sanctions

The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the US will be working to cut off Iran’s access to the oil market.

“It is our intent to enforce sanctions on Iran-related oil against everybody, including China,” Mnuchin said in his testimony before the House Financial Services Committee, Oil Price reported.United States Intensifies Pressure Iran Oil Customers sanctions  

Oil prices jumped two weeks ago, after the US said it would look to get Iranian oil exports “down to zero” when sanctions return in early November. The US also said that it may refuse to issue waivers, but later clarified that position by saying that it would “work with those countries importing Iranian crude oil to get as many of them as possible down to zero by Nov. 4.”United States Intensifies Pressure Iran Oil Customers sanctions  

“We are prepared to work with countries that are reducing their imports on a case-by-case basis. We are serious about our efforts to pressure Iran to change its threatening behavior,” a State Department official said two weeks ago.

Secretary Mnuchin’s Thursday comments are the clearest sign yet that the United States plans to seek a drastic reduction of Iranian crude oil exports by imposing sanctions on those who continue to buy Tehran oil after the US sanctions return.

Earlier this week, a senior official said US State Department officials had visited Saudi Arabia to coordinate stronger pressure on Iran and discuss ways to ensure that the oil market is well-supplied after US sanctions on Iran’s oil kick in.

The tough US line on Iran’s oil exports has had analysts raise their oil price forecasts, predicting that more oil will be removed from the market at a time when global spare capacity is shrinking, as Saudi Arabia and Russia opened the taps to compensate for supply disruptions elsewhere and to cap upsides in oil prices that could destroy demand.

Last week, Morgan Stanley lifted its forecast for Brent crude by $7.50 to $85 a barrel for H2 2018, while Bank of America warned that a complete cutoff of Iran’s oil could result in oil prices jumping to more than $120 a barrel.United States Intensifies Pressure Iran Oil Customers sanctions  

Related Topics

-How Bad Is Iran’s Oil Situation?  Bad Iran Oil Situation Crude Oil prices 

-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

LyondellBasell petrochemical producer Braskem Done Deal October

LyondellBasell-Braskem “Done Deal” by October?  LyondellBasell petrochemical producer Braskem Done Deal October 

LyondellBasell petrochemical producer Braskem Done Deal October

LyondellBasell-Braskem “Done Deal” by October?

Brazilian conglomerate Odebrecht is poised to agree on the sale of its controlling stake in compatriot petrochemical producer Braskem to LyondellBasell by mid-October, according to a report by Brazilian financial newspaper Valor Econômico.

By that time, the paper said, Braskem’s other major shareholder, oil giant Petrobras, will decide whether to include its own stake. This would allow the transaction to be wrapped up as one and submitted to regulators.LyondellBasell petrochemical producer Braskem Done Deal October 

Odebrecht currently owns 50.1% of Braskem’s voting capital, while Petrobas holds 47%. LyondellBasell and Odebrecht confirmed last month that they were in exclusive talks for the Dutch-headquartered, US-managed chemical producer to acquire control of Braskem in a cash-and-shares deal.

Valor calculates that Odebrecht’s stake could be worth more than 21 billion Brazilian reais ($5.4 billion), which would place Braskem’s value at about 55 billion reais ($14.3 billion).

Authors

Dede Williams, Freelance Journalist

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-Braskem develops bio-based flexible packaging for Scotts Canada’s new product – The new sustainable packaging, which utilizes Braskem’s I’m greenT polyethylene (PE) biopolymer, has been developed by Braskem in cooperation with Scotts and flexible packaging solutions provider Peel Plastic Products – Braskem biobased flexible packaging

Novak Blames USA Trade War Current Crude Oil Prices  

Novak Blames US Trade War for Current Crude Oil Prices   Novak Blames USA Trade War Current Crude Oil Prices
Novak Blames USA Trade War Current Crude Oil Prices

The current level of oil prices stems particularly from the US trade war, Russia’s Energy Minister Alexander Novak said on Friday.Novak Blames USA Trade War Current Crude Oil Prices  

“Those oil price declines are negative signals for the global economy. Crude prices are volatile and respond to existing general signals. The current prices reflect trade wars statements as well,” Novak was quoted as saying by TASS.

Member states of the Organization of Petroleum Exporting Countries and non-OPEC countries agreed to ease the output curbs set in place to boost prices that had dipped to abysmal levels. However, when prices hit $80 per barrel, US President Donald Trump begged them to again turn on the oil taps to lower prices.

A sharp drop in crude prices started on July 11, as the price of Brent crude oil decreased by $4 on the day to $73 per barrel.Novak Blames USA Trade War Current Crude Oil Prices  

Novak said Russia restored oil production by 80% in July against the reduction volume within the OPEC+ agreement.Novak Blames USA Trade War Current Crude Oil Prices  

“Following the decision on increasing production, in July we have already restored reduction by approximately 2/3 or even by 80%,” he added.

Russia reduces crude oil production by 100,000 barrels per day in July, versus October 2016.Novak Blames USA Trade War Current Crude Oil Prices  

“In June, the reduction was 180,000 bpd instead of 300,000 bpd. As for July, it is still early to speak about monthly indicators, though we assume that the total reduction will amount to roughly 200,000 versus the limit. Around 100,000 bpd will remain compared with October 2016,” he said.Novak Blames USA Trade War Current Crude Oil Prices  

The Russian minister expects the effect of OPEC+ deal to amount to 2.5 trillion rubles ($40 billion) in 2018.Novak Blames USA Trade War Current Crude Oil Prices  

“With (oil) prices of $70 per barrel, the effect will amount to 2.5 trillion rubles,” he said, adding that with the average annual oil price of $75 per barrel, the effect may exceed 3 trillion rubles ($48 billion).

According to Novak, extra revenues from the deal amounted to 1.7 trillion rubles ($27 billion) in 2016-17 due to the oil price increase.Novak Blames USA Trade War Current Crude Oil Prices  

“OPEC+ will be able to make decisions on regulation of the oil market after 2018. The OPEC+ agreement fulfilled the task of balancing the market,” he said.

“As for continuing this work to regulate after 2018, we will consider its expediency. The mechanism was effective. The countries want to continue interaction, make decisions on oil production, if necessary,” he said. Novak said OPEC+ states may raise crude production by over 1 million barrels per day if needed. This claim has been disputed by experts.

Related Topics

-How Bad Is Iran’s Oil Situation?  Bad Iran Oil Situation Crude Oil prices

-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

HeiQ announces new appointments textile innovation

HeiQ announces key new appointments   HeiQ announces new appointments textile innovation

 

HeiQ announces new appointments textile innovation

HeiQ Materials, a leader in textile innovation, has announced two key new hires to strengthen the sales, marketing and technical support to its brand partners. In these two newly created leadership roles, Colleen Nipkow has been named Marketing Director North America, and Paul Middleton has been named Brandforce Europe and Technical Director Brandforce.

Nipkow will oversee HeiQ’s North American marketing, leading strategic planning, budget, and all aspects of marketing communication for the region. Middleton will manage brand relations with the company’s European partners, as well as support the Global Brandforce Team on all technical aspects.

“At HeiQ, we believe in our people, their skills and their passion for success. With the hiring of Colleen and Paul, we add two more experienced professionals to our team. We are very proud that they decided to join HeiQ and our ambitious plan to be the technology innovator and marketeer for our brand partners,” commented Carlo Centonze, HeiQ’s CEO.

Nipkow’s experience includes over 25 years of marketing roles in the outdoor industry. She has worked with brands including Polygiene, Gregory Mountain Products, SCARPA North America and Black Diamond Equipment.

HeiQ announces new appointments textile innovation

Middleton comes to HeiQ with 30 years of experience developing new finishes while ensuring all yarns, constructions, chemical effect finishes and process routings comply with the customer’s expectations. His previous experience includes technical director for both Polygiene and Courtaulds.

“I joined HeiQ because I feel aligned with their core value – Differentiate. Innovate,” said Nipkow. “The strategy of R-D-M (research, develop, market) sets HeiQ apart as an innovation partner to the brands. I am excited to be working with the teams in both North America and Switzerland to support these HeiQ values and strategy.”

“I am very happy to be joining the team at HeiQ,” said Middleton. “HeiQ’s mission to be the leader in textile innovation will allow me to help our brand partners incorporate innovative finishes and effects into their products.”

www.heiq.com

Source : Innovation in Textiles

Related Topics

– HeiQ announces key new appointments   HeiQ announces new appointments textile innovation

-HeiQ shows Fresh FFL odour control technology at ISPO – HeiQ, a leader in textile innovation making effective, durable, and high-performance textile effects in the market, is displaying its HeiQ Fresh FFL (Fresh For Long), a 100 per cent bio-based odour control technology – HeiQ Fresh FFL odour control technology ISPO

Trials way new fibre based ready meal pack black plastic

Trials under way for new fibre-based ready meal pack   Trials way new fibre based ready meal pack black plastic

Ready meals may come in handy for the fast on the go, but the trays they’re served in will likely be around for longer than your lifetime.

Trials way new fibre based ready meal pack black plastic

Europe is witnessing a steady increase in consumption of ready meals. Beyond human health concerns for this emerging ‘diet’, the packaging of these meals also has major implications for our environment. Creating enormous waste issues, the black plastic used for ready meal packaging is also difficult to recycle as lasers in waste processers cannot easily identify materials for recycling.Trials way new fibre based ready meal pack black plastic

Concerned about the environmental impact of such packaging, consumers and producers alike are eager to embrace more sustainable solutions. Major retailers have also agreed to phase out such packaging, and EU-funded researchers and scientists are ready to help them.Trials way new fibre based ready meal pack black plastic

A new tray by Finnish packaging manufacturer Huhtamaki offers hope of a viable alternative to black plastic. Developed in collaboration with partners Södra and SaladWorks on the EU-funded FRESH project, the product is part of efforts to ultimately introduce a bio-based ready meal package for the United Kingdom market.

The company trialled its fibre-based ready meal packaging in May and June with two Italian-style ready meals. “We hope this novel solution will be well received and that this project will be a tipping point for the adoption of bio-based packages in this segment,” said Steve Davey of Huhtamaki in an article on Packaging Europe. Recognising the need for alternatives based on renewable materials, Huhtamaki hopes the trial will open the way to adoption of bio-based packaging in this segment.

A news story on the Finnish company’s website explains that the new material feels like cardboard and is made of fibre derived from sources certified by the Forest Stewardship Council. Established in 1993, the Council promotes environmentally and socially responsible management of the world’s forests.Trials way new fibre based ready meal pack black plastic

Developed by FRESH partner Södra and called Durapulp, the renewable material is a biocomposite comprising a mixture of cellulose and GMO-free polylactic acid. “It is a renewable alternative and suitable for sensitive substances such as food,” the story quotes Catrin Gustavsson, Senior Vice President of Innovation and New Business at Södra as saying.Trials way new fibre based ready meal pack black plastic

The FRESH (FRESH – Fully bio based and bio degradable ready meal packaging) project, running for 3.5 years to 2020, targets an innovative, high-end cellulose-based alternative to existing fossil-based plastic trays using a novel laminating technology. Project objectives include a radically improved environmental footprint (over 80 % CO2 reduction) over the product life cycle compared to competing fossil-based packaging materials. Its overarching aim is to deliver a full value chain – from materials sourcing to end users – demonstrating technical and economic feasibility of a 100 % bio-based and 100 % biodegradable alternative for ready meal packaging.Trials way new fibre based ready meal pack black plastic

FRESH’s end product has potential for major environmental, economic and even job creation benefits. It should also prove to be a game-changer for retail, catering – e.g. for airlines and for meal services for the elderly – and remote operations covering both civil and military needs.Trials way new fibre based ready meal pack black plastic

Source: Based on project information and media reports

Pet chip resin 宠物芯片树脂 – PET bottle, filament chip 瓶芯

Pet chip resin 宠物芯片树脂 – PET bottle, filament chip 瓶芯

China -The price of Filament Grade Semi Dull Pet chip resin 宠物芯片树脂 Chips closed the week steady.

Pet chip resin 宠物芯片树脂 Polyestertime: POY

The prices of Semi-dull Chips in Jiangsu and Zhejiang are between 7,800 – 7,950 yuan/ton(cash),nearby.

The Bright Chip’s price in Jiangsu and Zhejiang is  between 8,100- 8,250 yuan / ton.

Polyester POY is  between 9,350 -9,450 yuan/mt cash ex-works, while

Polyester  DTY is between 10,850- 11,000 yuan/mt cash ex-works.

 

 

 

——————————————————————————————————————————————————————————

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

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

The domestic Polyester Bottle –

Chip is between 9,100 – 9,250 yuan / ton

cash,(ex-works).

The export PET is between 1,220 – 1,270 $ /ton FOB CMP.

 

 

 

 

 

Related Topics

-Europe PET buyers shocked by highest prices since 2013 – Those who are in the market to buy additional polyethylene terephthalate (PET) volumes in Europe are presented with offers far above what they had anticipated – Europe PET polyethylene terephthalate

-US Slaps Preliminary Duties Determinations on PET Resin From Five Countries – US Secretary of Commerce Wilbur Ross has announced the affirmative preliminary determinations in the antidumping duty (AD) investigations of imports of polyethylene terephthalate (PET) resin from Brazil, Indonesia, South Korea, Pakistan, and Taiwan – USA Duties PET Resin

China options limited counter USA proposed tariffs

China options limited to counter US’ proposed tariffs – analysts   China options limited counter USA proposed tariffs 

 Source:ICIS News

SINGAPORE (ICIS)–China has limited options to respond to the US’ planned tariffs on as much as $500bn additional Chinese goods, and may have to resort to non-tariff countermeasures on what the Asian powerhouse deemed as “trade bullying”.

China has vowed to adopt a tit-for-tat approach on any trade barrier that the US will put up.China options limited counter USA proposed tariffs 

The first shots in the US-China trade war were fired on 6 July, when the US implemented 25% tariffs on $34bn worth of Chinese imports, prompting a similar response from China.

The trade war between the world’s two economic giants escalated as the US on 10 July threatened to slap 10% tariffs on additional $200bn worth of Chinese goods, including key chemical feedstocks such as naphtha and ethane.China options limited counter USA proposed tariffs 

“The key uncertainty now is how China will respond to [US President Donald] Trump’s latest ‘tit’,” Singapore-based UOB Global Economics & Markets Research.

“The Chinese has significantly less room to match US’ actions like-for-like as China’s total imports from the US were less than the additional amount of $200bn goods that is targeted for the 10% tariff,” it said in a note.

In 2017, China’s total imports from the US stood at $130bn, while US’ imports of Chinese goods and services totaled around $500bn.China options limited counter USA proposed tariffs 

China options limited counter USA proposed tariffs
China options limited counter USA proposed tariffs

Japan-based Nomura Global Economic Research expects the US’ latest tariffs to take effect around 15 October, after the two-month public review of the list and the slated August hearings are completed.China options limited counter USA proposed tariffs 

“After a relatively calm weekend following the initial round of US tariffs and China’s response on 6 July, we view this as a significant escalation in the US-China trade dispute,” it said.China options limited counter USA proposed tariffs 

Given that the new list has an amount bigger than the US’ actual exports to China in 2017, Beijing could hit $100bn of US products with a higher tariff rate of 20% in response, Nomura said.China options limited counter USA proposed tariffs 

“However, China could also respond by resorting to non-tariff barriers,” it said without elaborating.China options limited counter USA proposed tariffs 

Trump, however, intends to impose tariffs on up to $500bn worth of Chinese goods, with the value possibly exceeding its actual Chinese imports in 2017.

The US’ planned tariffs were meant to reduce the US’ $370bn trade deficit with China.

Based on official data, the US accounted for more than a fifth of China’s overall exports of $2.26tr last year.China options limited counter USA proposed tariffs 

Building a wall of tariffs against each other could hit domestic consumption hard as it would translate to higher prices of affected goods, and has a strong potential to slow down economic expansion.

“While there still remains hope for some resolution instead of further spiraling trade measures, the outlook has become more uncertain,” UOB said.

The US’ initial round of tariffs, targeting $50bn of Chinese imports, was primarily on capital goods, while the new list involving $200bn worth of goods, is almost equally split between capital and consumer goods, Nomura said.China options limited counter USA proposed tariffs 

Machinery and electrical equipment remains the most heavily targeted group, consistent with the Trump administration’s approach of taking aim at certain machinery and electrical equipment outlined in Beijing’s “Made in China 2025” plan.

In response, China may opt to curtail US service exports to the country. These include tourism, education and banking services which are worth more than $50bn per year, and the US currently enjoys a surplus with China on this segment, UOB said.

“We maintain our view that the full impact of the trade actions will likely be felt only in 2019 and will remain watchful of the trade numbers in the coming months to assess the potential impact on 2018 growth,” it said in a note.China options limited counter USA proposed tariffs 

China’s GDP growth had steadily slowed down over six years from 2011. The world’s second biggest economy surprised with a stronger growth of 6.9% in 2017, but is projected to post a weaker growth of around 6.5% this year.

The growth projection was made before the trade war started.

The US economy, on the other hand, is on its second year of accelerating growth.

The International Monetary Fund (IMF), in its April World Economic Outlook report, forecast a 2.9% growth for the world’s biggest economy this year from 2.3% in 2017.

Additional reporting by Joey Chua

By Nurluqman Suratman

Lenzing invests EUR 100 million sustainable production technology

Lenzing invests EUR 100 million in sustainable production technology    Lenzing invests EUR 100 million sustainable production technology

Lenzing invests EUR 100 million sustainable production technology

The Lenzing Group, a producer of botanic fibres from wood, is expanding its environmental leadership commitment.Lenzing invests EUR 100 million sustainable production technology

As a leader in wood-based cellulosic fibres, Lenzing says it has ambition to help raising the bar in sustainability in the textiles and nonwovens industries.

To fulfil this vision, Lenzing is investing more than EUR 100 million in sustainable manufacturing technologies and production facilities until 2022.

In order to further extend the company’s environmental leadership, a major part of this investment will focus on closed loop production technologies for the expansion of the sulphur recovery systems.Lenzing invests EUR 100 million sustainable production technology

The second area of investment will be in improving the effluent treatment units. In addition, Lenzing will upgrade its energy usage to more sustainable solutions reducing its greenhouse gas emissions due to the construction of a gas boiler at its site in China.

This investment strengthens Lenzing’s sustainability leadership at its viscose facility in Nanjing. Lenzing invests EUR 100 million sustainable production technology

The investments underline Lenzing’s commitment to the United Nations Sustainable Development Goals (SDG) as guiding principles for its sustainability agenda. One of the most significant SDGs for the company is SDG 12: Responsible production and consumption, says Stefan Doboczky, CEO.

“The textiles and the nonwoven industries face fundamental challenges related to sustainability. Lenzing is passionate to take a leadership role in addressing this and making the world a better place. Lenzing invests EUR 100 million sustainable production technology

Our holistic approach to sustainability underpins this scope. The new eco-investment programme is a major step forward in our ambitions,” he explained.

www.lenzing.com

Source : Author: Knitting Industry

Related Topics

-Austria’s Lenzing and Brazil’s Duratex to build $1 bln… Lenzing Duratex Brazil wood pulp plant

-Lenzing starts production of its EcoVero fibres in China – Austrian cellulose fibre producer Lenzing Group announced in a press release on Tuesday that it is introducing the eco-responsible process for the production of its Lenzing branded viscose fibers also at its Chinese location Lenzing Nanjing Fibers (LNF) – Lenzing production EcoVero fibres China

Teijin groundbreaking ceremony second USA carbon fibre plant

Groundbreaking ceremony for second US carbon fibre plant    Teijin groundbreaking ceremony second USA carbon fibre plant
Teijin groundbreaking ceremony second USA carbon fibre plant

The groundbreaking ceremony in Greenwood (Photo: Teijin Carbon Fibers)

Plastics and carbon fibre specialist Teijin (Tokyo / Japan; www.teijin.com) has begun construction of its new carbon fibre production plant in Greenwood, South Carolina / USA, after acquiring property there in late 2016 – see Plasteurope.com of 15.11.2016.

Its US carbon fibre subsidiary Teijin Carbon Fibers was founded in March 2018, and the plans are to start operations in Greenwood in 2020.

Around USD 600m (EUR 510m) will be invested in various production and downstream facilities by 2030.Teijin groundbreaking ceremony second USA carbon fibre plant

Teijin did not disclose the capacity of the facility. Greenwood will be Teijin’s second production plant in the US, along with its site in Rockwood, Tennessee.
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Continuous Developments Denim Latest Monfort Eco Line

Continuous Developments For Denim: The Latest Monfort Eco Line   Continuous Developments Denim Latest Monfort Eco Line

Continuous Developments Denim Latest Monfort Eco LineMÖNCHENGLADBACH, Germany  — As the number one supplier of finishing ranges to the denim industry globally, the benefits of the latest Monfort Eco Line are already being enjoyed by several of the sector’s leading manufacturers in both Asia and South America.

Denim manufacturing consumes huge amounts of energy and resources at virtually all stages of production, but especially during shrink finishing, and on conventional ranges, large volumes of water, steam, chemicals and thermal energy are required. A significant portion of these resources, however, can be wasted without precise feeding, monitoring and control.Continuous Developments Denim Latest Monfort Eco Line

This is an issue that Monforts engineers have successfully addressed with the Eco Line for denim, based on two key technology advances – the Eco Applicator for minimum application of the selected moist finishing chemicals and the ThermoStretch.

As an alternative to conventional padding, especially for wet-in-wet solutions, the Monforts Eco Applicator can significantly reduce the amount of applied humidity required prior to the stretching and skewing of the denim fabric.Continuous Developments Denim Latest Monfort Eco Line

It also allows mills to apply finishes to just one side of the fabric, or both, and even to apply separate finishes to each side, or to specific areas of a fabric, for endless denim differentiation possibilities.

The Monforts ThermoStretch unit carries out the skewing (weft straightening), stretching and drying in a continuous process.Continuous Developments Denim Latest Monfort Eco Line

A modified hotflue with reinforced and adjustable rolls for determining the longitudinal tension within the fabric, the ThermoStretch benefits from a structure detector with Pleva SD 1 camera technology employing transmission and reflection lighting for the highest detection capability, in order to carefully measure and control the fabric width and the skewing.Continuous Developments Denim Latest Monfort Eco Line

Due to its large number of guide rolls, it is possible to stretch damp fabric in a heated chamber at a longitudinal tension of between 200-300 N with the ThermoStretch, compared to the high forces of up to 4,000 N that have previously been required to finish a typical denim fabric with a starting width of 157cm and a finished width of 151cm.

“Due to these innovations, the Eco Line system reduces energy requirements and losses, increases thermal transfer and keeps the drying energy on the textile material longer,” says Monforts Vice President Sales and Marketing Klaus A. Heinrichs. “As a result energy savings of up to 50% are being achieved.Continuous Developments Denim Latest Monfort Eco Line

We will be introducing a number of new innovations for denim in the near future, including a solution for the introduction of two-way super stretch into denim in a single processing step.”Continuous Developments Denim Latest Monfort Eco Line

Source: A. Monforts Textilmaschinen GmbH & Co. KG 

Related Topics

-Monforts to demonstrate diversity at TTNA – “Techtextil North America is a very important show for us, because technical textiles are a key pillar of our production programme and North America is one of our major markets,” said Monforts Head of Technical Textiles, Jürgen Hanel – Monforts TTNA Techtextil North America

-Destination Istanbul for Monforts – Monforts, a leading textile machinery manufacturer, will provide information on the latest developments for its advanced Montexstenters at the upcoming ITM trade fair, which takes place from 14-17 April 2018 in Istanbul, Turkey – Destination Istanbul Monforts

Brent WTI Prices Slide Oversupply Concerns

Brent, WTI Prices Slide on Oversupply Concerns   Brent WTI Prices Slide Oversupply Concerns
Brent WTI Prices Slide Oversupply Concerns

Oil prices fell on Friday as markets digested big swings earlier in the week that have left both major benchmarks facing a second weekly loss and largely shrugged off a warning about tightness in spare capacity.Brent WTI Prices Slide Oversupply Concerns

Brent crude dropped 35 cents, or 0.5%, to $74.10 a barrel. On Thursday it gained $1.05 a barrel, rebounding from a session low of $72.67. It is heading for a weekly fall of nearly 4%, CNBC reported.Brent WTI Prices Slide Oversupply Concerns

US benchmark West Texas Intermediate crude edged down 12 cents to $70.21 a barrel, after falling 5 cents in the previous session. It is heading for a weekly decline of nearly 5%.Brent WTI Prices Slide Oversupply Concerns

It has been a wild week for oil prices with both the main benchmarks suffering heavy losses on Wednesday, as traders focused on the return of Libyan oil to the market amid concerns about a China-US trade war.Brent WTI Prices Slide Oversupply Concerns

However, a warning on spare capacity by the International Energy Agency pushed Brent higher on Thursday, helping it recoup some losses.Brent WTI Prices Slide Oversupply Concerns

“It is a tough market,” said Tony Nunan, oil risk manager at Mitsubishi Corp in Tokyo. “I think it is supported by relatively strong demand and inventories are falling, but if you look a little bit ahead, US shale oil just continues to grow and then it depends on what goes on with OPEC.”

The Organization of Petroleum Exporting Countries and other key producers, including Russia have responded to the recent market tightness by easing a supply-cut agreement.

IEA cautioned that the world’s oil supply cushion “might be stretched to the limit” due to production losses in several countries.

The Paris-based IEA said in its monthly report that rising production from Middle East Persian Gulf countries and Russia comes at the expense of the world’s spare capacity cushion, which might be stretched to the limit.

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$60 barrel ideal oil price India Hindustan Petroleum

Asia benzene falls crude USA China trade war escalates

Asia benzene falls on crude rout as US-China trade war escalates   Asia benzene falls crude USA China trade war escalates

 Source:ICIS News

SINGAPORE (ICIS)–Asia’s benzene market weakened this week amid sharp falls in crude futures overnight, as global commodities markets were hit hard when the US threatened to impose tariffs on additional $200bn worth of Chinese goods.

Asia benzene falls on crude rout as US-China trade war escalatesPrice indications for benzene on Thursday were down by more than $10/tonne from the previous day, on concerns over the escalating trade war between the US and China.

In early July, benzene was trading at above $830/tonne FOB (free on board) Korea, according to ICIS data.

Crude futures slumped at the close of trade on Wednesday, with Brent crude shedding $5.46/bbl to $73.40/bbl, while US crude was down $3.73/bbl at $70.38/bbl.

Concerns about the US-China trade war are expected to dominate the Asian benzene market in the near-term.

In the current escalation of the conflict, market players will remain cautious, resulting in a slowdown in spot trades.

Asia benzene falls crude USA China trade war escalates

Spot benzene prices had been on an uptrend after touching $800/tonne FOB Korea in the second half of June, backed by a drawdown in inventories.

In the key China market, shore tank inventories declined to 235,500 tonnes for the week ended 6 July, down from 244,200 tonnes two weeks prior, according to ICIS estimates.

“The drawdown in inventories in China over the past two weeks helped lift the market,” said a broker in China.

However, the positive momentum appeared to have fizzled out as players shifted their focus on the escalation in the US-China trade row.

“The trade has turned cautious again given the increased uncertainty due to the trade war,” a Singapore-based trader said.

Benzene is a base chemical used to make other chemicals such as styrene monomer (SM), phenol and caprolactam.

Meanwhile, the benzene demand-supply balance in Asia is expected to turn more positive as the third quarter progressed.

Consumption would rise when a downstream SM plant and an aniline facility in China start up.

Also, with the third-quarter manufacturing-for-exports season in China, consumption of resins and chemicals usually improve.

This would also spur demand for benzene as it is a key feedstock for various downstream chemicals.

Picture: Container port in Qingdao, Shandong Province, east China (Photographer: Yu Fangping/Pacific Press via ZUMA Wire/REX/Shutterstock)

By Clive Ong

European general purpose polystyrene prices down  

European general purpose polystyrene spot prices down further on slow demand  European general purpose polystyrene prices down 

London (Platts)

European general purpose polystyrene prices down European general purpose polystyrene spot prices dropped this week as demand fell short of expectations, sources said.

The GPPS spot price was assessed at Eur1,350/mt ($1,576.50/mt) FD NWE Wednesday, down Eur15/mt on the week.

“Demand is a bit disappointing,” a seller source said.

Market sources had said in June that lower prices on a monthly basis in July could support demand. But this has not been seen in the market.

Buyers were heard to be limiting purchasing volumes, while some sellers were heard offering competitive prices to minimize stock accumulation ahead of the summer holiday period in August.

Supply was heard plentiful even if import offers remained unattractive.

The fall in Asian prices this week did little to increase competitiveness of non-EU origin material.

The GPPS CFR China price was assessed at $1,475/mt, down $20/mt on the week.

In the feedstock styrene market, spot prices have been stable on a weekly basis. A small backwardation in the market has led to early expectations for a modest fall in August styrene and polystyrene prices.

–Yuriko Kato, yuriko.kato@spglobal.com

–Edited by Jeremy Lovell, jeremy.lovell@spglobal.com

Related Topics

International Plastic Recycling Groups Global Definition Plastics Recyclability

International Plastic Recycling Groups Global Definition Plastics RecyclabilityInternational Plastic Recycling Groups Global Definition Plastics Recyclability

In an effort to provide a consistent metric to guide the efforts of sustainability for plastics in the Circular Economy, two of the leading global international recycling organizations have developed a global definition governing the use of the term “recyclable” as is relates to plastics packaging and products.International Plastic Recycling Groups Global Definition Plastics Recyclability

In the joint announcement, Ton Emans, President of Plastics Recycling Europe, and Steve Alexander, President and CEO of The Association of Plastic Recyclers, pointed to the onslaught of recent announcements around commitments to package sustainability and recyclability.International Plastic Recycling Groups Global Definition Plastics Recyclability

“The use of the term ‘recyclable’ is consistently used with packages and products without a defined reference point,” commented Alexander.
“At the end of the day, recyclability goes beyond just being technically recyclable there must be consumer access to a recycling program, a recycler must be able to process the material, and there must be an end market.”

“Recently, we have seen many announcements regarding legislative measures on plastics products and pledges of the industry actors committing to making their products recyclable,” added Emans.

“As recyclers, we are a fundamental part of the solution to the issue of sustainability of plastics, and we need for the appropriate audiences to understand what is necessary to label a product or package ‘recyclable’. We welcome these commitments and encourage others to follow. Nevertheless, clear and universally endorsed definitions and objectives are needed.”

Plastics must meet four conditions for a product to be considered recyclable:

  1. The product must be made with a plastic that is collected for recycling, has market value and/or is supported by a legislatively mandated program.
  2. The product must be sorted and aggregated into defined streams for recycling processes.International Plastic Recycling Groups Global Definition Plastics Recyclability
  3. The product can be processed and reclaimed/recycled with commercial recycling processes.International Plastic Recycling Groups Global Definition Plastics Recyclability
  4. The recycled plastic becomes a raw material that is used in the production of new products.International Plastic Recycling Groups Global Definition Plastics Recyclability

Innovative materials must demonstrate that they can be collected and sorted in sufficient quantities, must be compatible with existing industrial recycling processes or will have to be available in sufficient quantities to justify operating new recycling processes.

Although the definition is to be applied on a global scale, both groups understand the complexity of a global system of plastics recycling, and welcome comments from the plastics recycling industry and relevant stakeholders. Today, this definition has been supported by PETCORE Europe (http://www.petcore-europe.org). A Global Definition of Recyclability is an integral step to harmonize the worldwide plastics recycling industry.

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– UK businesses offered £4m for innovative plastic recycling projects…UK businesses £4m innovative plastic recycling projects 

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

Brazil ethanol output could double 2030 renewable fuels

Brazil ethanol output could double by 2030   Brazil ethanol output could double 2030 renewable fuels

Source : Reuters

Brazil ethanol output could double 2030 renewable fuelsRIO DE JANEIRO,  – Brazil’s ethanol production could double by 2030, boosted by growing investments in the sector due to the government’s RenovaBio program aimed at boosting the use of renewable fuels, according to a government study.

RenovaBio, which Congress approved in December, mandates that fuel distributors gradually increase the amount of biofuels they sell each year, helping the ethanol industry recover from years of competition with subsidized gas prices.Brazil ethanol output could double 2030 renewable fuels

The study on prospects for ethanol by state energy think tank EPE is due to be published on Friday. José Mauro Coelho, EPE’s head of oil, gas and biofuel research, shared its findings in an interview.Brazil ethanol output could double 2030 renewable fuels

According to the study’s most optimistic forecast, Brazil’s annual ethanol capacity could rise to 54 billion liters by 2030, from 27 billion today. Less optimistic scenarios forecast production of 43 billion and 49 billion liters by 2030.

To hit EPE’s most ambitious capacity target, the study said 26 new sugarcane mills would have to come online in the next dozen years. That would mean reversing a trend of mills going dormant or bankrupt in recent years as sugar prices fell to multi-year lows and ethanol struggled to compete at the pump.Brazil ethanol output could double 2030 renewable fuels

Brazil’s ethanol production is largely based on sugarcane although some is produced from corn. EPE forecast an expansion of corn ethanol production to 3.4 billion liters by 2030.

“Corn ethanol is here to stay, especially in the country’s Midwest,” said Coelho. “Flex mills using both corn and cane should expand in Brazil. It offers advantages to producers because the harvests are in different periods.”

(Reporting by Rodrigo Viga Gaier Editing by Frances Kerry)

Related Topics

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PepsiCo Gem Enviro recycling PET plastic bottles waste

PepsiCo CEO meets CM, extends support to recycling of PET plastic waste    PepsiCo Gem Enviro recycling PET plastic bottles waste 

Source: The Hitavada

PepsiCo Gem Enviro recycling PET plastic bottles waste

Staff Reporter,

PepsiCo India to enable collection and recycling infrastructure, partners with Gem Enviro to set up reverse vending machines, collection centres and recycling for PET plastic bottles in Maharashtra

Ahmed L Sheikh, Chief Executive Officer (CEO) and Chairman of PepsiCo India, met Devendra Fadnavis, Chief Minister, at Vidhan Bhavan here on Wednesday. Sheikh expressed PepsiCo India’s intent to support plastic ban in the State and implementation of extended producer responsibility for PET plastic waste bottles in Maharashtra.

PepsiCo India delegation led by Sheikh informed the Chief Minister that the company had partnered with Gem Enviro to set up reverse vending machines, collection centres and recycling for PET plastic bottles in Maharashtra.PepsiCo Gem Enviro recycling PET plastic bottles waste

The company pledged to collect and recycle all PET plastic bottles generated through PepsiCo’s beverages. “In addition, through the Indian Beverage Association (IBA), we are also setting up a consortium for industry players to come together and work towards enhancing the plastic waste management infrastructure in the State,” stated a press release issued by PepsiCo India.PepsiCo Gem Enviro recycling PET plastic bottles waste

Sheikh reportedly informed the Chief Minister that the company planned to design all packaging to be recoverable or recyclable by the year 2025 and that it was working on new technologies for sustainable packaging solutions.

“We will be piloting the first ever 100 per cent compostable, plant-based packaging for our popular snacks products Lay’s and Kurkure this year, and have re-sized packaging of these snacks to reduce paper consumption in the value chain,” Sheikh said. Also, he said, the company treated use of non-returnable glass in beverage business as an ‘opportunity for on-the-go consumption’.PepsiCo Gem Enviro recycling PET plastic bottles waste

He also informed Fadnavis about various other initiatives of the company. Sheikh also discussed matters related to increasing investment in India and Maharashtra and ‘various other issues’, stated an official press release issued by the Directorate of Information and Public Relations, Maharashtra. Sheikh informed Fadnavis about PepsiCo’s current project in the context of expanding business in the country and Maharashtra. Similarly, their discussion focussed around increasing investment in Maharashtra, it was stated in the release.

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-Closed Loop PET Bottle Recycling Demonstrations from AMUT & EREMA – AMUT and EREMA are inviting guests to watch washed post-consumer PET bottle flakes being recycled in a closed material loop process from 28 to 31 May 2018 at the AMUT headquarters in Novara, Italu – Closed Loop PET Bottle Recycling AMUT & EREMA

Tetra Pak package thin layer polymer plastic prevent moisture

 

 

​​​​​Bio-based polymers

In 2011, we launched the industry’s first caps made from bio-based polymers. Derived from Brazilian sugar cane ethanol, they look exactly the same as conventional caps but have a significantly lower carbon footprint. Where bio-based caps are available, customers can easily switch without additional investment or modifications to filling machines. Recyclability is not impacted, as the new materials are processed together with conventional polymers without restrictions. We can now offer bio-based caps for all advanced packaging formats.

By 2014, we had created the world’s first fully renewable package for liquid food, the Tetra Rex® Bio-Based, made with bio-based cap, neck and film. By the end of 2016, we had delivered over 100 million of these renewable packages to meet customer demand. In the same year, we also launched the Tetra Brik® Aseptic 1000 Edge with Bio-based LightCap™ 30. It is the first aseptic package to have a film and cap made from sugar cane-based plastic. Combined with the paperboard, this lifts the share of materials from renewable sources in the package to above 80 percent, the threshold for four-star certification from Vinçotte.

‘OK Biobased’ certification

As environmental awareness among consumers increases, independent verification of the renewability of raw materials is increasingly important. The ‘OK Biobased’ certification shows consumers how renewable a product really is. The scheme, run by Vin​çotte, uses rigorous scientific processes and methodologies to rate the percentage of bio-based raw materials, with four stars showing over 80 percent is from bio-based materials.

Challenges and opportunities

Despite considerable progress, bio-based polymers are still only in a small fraction of our cartons and a niche product for the plastics industry. Our commitment remains to expand their use to cover more of our packages, across all sizes. The challenge becomes increasingly complex when considering the social cost of alternative raw material sources (e.g. local food availability and working conditions) attached to bio-based polymers.

We are working with a number of our stakeholder partners to explore these issues, while also continuing to assess alternatives like other plant-based materials, organic waste and algae. For example, we have formed an agreement with Braskem, the largest thermoplastic resin producer in the Americas and are now using low-density polyethylene derived from sugar cane for coatings in all our packages produced in Brazil. A Code of Conduct including social and environmental criteria guides Braskem’s sourcing and is part of our agreement.

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Specialty films manufacturer Infiana nine layer extruder  

By: PlasticsToday Staff
Extrusion: Film & Sheet

Specialty films manufacturer Infiana nine layer extruder   Developer and extruder of specialty films Infiana (Forchheim, Germany, and Malvern, PA) has installed a nine-layer extruder with integrated in-line stretching capabilities at its German plant and has expanded production facilities to accommodate the new equipment. The addition is part of a multi-million euro investment package the company has undertaken.

The nine-layer extruder will increase the company’s flexibility in manufacturing films of varying thicknesses and widths, said Herbert Bader, VP Innovation. “Much of our current research and development work also focuses on barrier and mechanical properties.

This combination plays a central functional role in many of our growth markets,” said Bader, adding that the company now has the ability to translate these developments into “market-ready, forward-facing and innovative products with unique characteristics.”

It took Infiana 17 months to set up the equipment from initial planning to the first production run. During that time, it prepared a new hall for the extruder and created the associated production infrastructure.Specialty films manufacturer Infiana nine layer extruder  

“In expanding our production facilities, we are reacting to increased capacity demand and will be capable of manufacturing more complex products with greater efficiency,“ said Stefan Herfurth, Chief Operating Officer.Specialty films manufacturer Infiana nine layer extruder  

The Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

As part of its investment program, the specialty films manufacturer has also enhanced its printing and coating technology capabilities and added an automatic slitter that uses robotics technology to achieve narrower slitting widths.

The Infiana Group employs approximately 800 people at its sites in Germany and the United States.Specialty films manufacturer Infiana nine layer extruder  

It serves the personal care, healthcare, building & construction, composites and pressure sensitive markets.

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UK ECHA rules pay fees Brexit access

UK would abide by ECHA rules, pay fees for post-Brexit access   UK ECHA rules pay fees Brexit access

Source:ICIS News

UK ECHA rules pay fees Brexit access LONDON (ICIS)–The UK would abide by the rules of the EU regulator the European Chemicals Agency (ECHA) post-Brexit and contribute to maintenance costs of the organisation if the regulatory environment for chemicals players can be maintained, the country’s government said on Thursday.

In its latest position paper proposing the terms of its post-divorce relationship with the EU, the government stated that it wishes for UK chemicals players to remain directly under the auspices of ECHA and the Reach regulatory system.UK ECHA rules pay fees Brexit access

Under its own guidance, ECHA has stated that the UK will count as a third country from the slated March 2019 withdrawal date unless a new agreement is brokered.

This potentially leaves UK companies scrambling to establish European offices or to find representatives on the continent to handle their Reach registrations, like any global organisation selling material into the EU.UK ECHA rules pay fees Brexit access

The UK chemicals sector is among the sectors with the least to gain from potential regulatory reform post-Brexit, due to the complexity of EU legislation and the prominence of the union as a market for producers, according to the country’s Confederation of British Industry (CBI).

The industry has pressed the case increasingly forcefully to ministers, leading to UK Prime Minister Theresa May mentioning ECHA in a speech as an example where close post-Brexit alignment would be necessary.UK ECHA rules pay fees Brexit access

The UK is seeking similar continued arrangements with the European pharmaceutical and aviation agencies.UK ECHA rules pay fees Brexit access

“In some manufactured goods sectors where more complex products have the potential to pose a higher risk to consumers, patients or environmental safety, a greater level of regulatory control is applied,” the UK government said in the white paper.

“In line with the UK’s objective of ensuring that products only go through one approval mechanism to access both markets, the UK is seeking participation in [chemical, medical and aviation] EU agencies, as an active participant, albeit without voting rights, which would involve making an appropriate financial contribution.”

Little restructuring has taken place at ECHA in anticipation of a UK breakaway, according to agency director Bjorn Hansen, aside from war game scenarios of a hard Brexit, where the UK would likely shift to World Trade Organization (WTO) trade rules with the EU.

“[This would mean] being ready to cut the secure line to the UK authorities so they can’t access the databases, can’t be involved in any of our decision-making procedures, are no longer invited to our  meetings and can no longer contribute scientifically,” he told ICIS in June.

ECHA head of unit for dossiers and submissions Mercedes Vinas  added this week that little detail has been provided by the UK on how associate membership would work.

The UK government has long banked on a solution being found allowing it to maintain a frictionless border with the EU post-Brexit, with little new infrastructure installed at ports in anticipation of more stringent checks on goods entering the country, as the Brexit deadline creeps closer.UK ECHA rules pay fees Brexit access

In its latest white paper, the government stressed that it is also in the EU’s interest to maintain frictionless trade in goods through maintaining regulatory alignment on “only those rules necessary” to facilitate that.UK ECHA rules pay fees Brexit access

The move would position the UK as a rule-taker from the EU on trade in goods, and would encompass rules on border checks, requirements on placing products in the market, along with future compliance on environmental and energy consumptions standards agreed in Brussels.

“The UK believes that manufacturers should only need to undergo one series of tests in either market, in order to place products in both markets,” the UK government said.

Less alignment has been proposed on services, in a bid to safeguard London’s position as the financial hub of Europe, with the UK proposing a new economic and regulatory system on financial services, and mutual recognition of professional qualifications.

While market analysts remain sceptical of the feasibility of the UK’s proposals on services, even the more conciliatory trade in goods proposals present problems, according to European Commission officials.

Regulatory alignment on trade could be complicated by any new trade deals that the UK may strike globally, according to Jochen Muller, acting assistant director for the Commission’s representation in Spain.

“The UK wants to make good FTAs with other countries. In five or 10 years, if the UK signs an FTA with the US and accepts that country’s agricultural products, which would include transgenics [genetically modified organisms, GMOs] which are not used in the EU, what will happen?,” he said, speaking at a Brexit conference in Madrid, Spain, this week.

Pictured: ECHA’s headquarters in Helsinki
Source: ECHA

By Tom Brown

Clifford Chance Indorama Ventures acquisition Kordárna

  • Alex Cook, Veronika Kinclová, Jakub Veselý, Dominik Vojta
  • Clifford Chance, Prague
Clifford Chance Indorama Ventures acquisition KordárnaClifford Chance has advised Indorama Ventures Public Company Limited (IVL), one of the world’s leading producers in the intermediate petrochemicals industry and a leading global manufacturer of wool yarns, on the proposed acquisition of Kordárna Plus, a.s., a Czech-based industrial textile producer and a leading European producer of tire cord fabrics.

The sellers are a group of shareholders led by Jet Investment, a private equity investment company based in Brno, Czech Republic.

The acquisition includes production sites in the Czech Republic and one in Slovakia and the company and its subsidiary KORDPLAST s.r.o. employ over 750 employees.

The transaction is expected to be completed in the second half of 2018, subject to regulatory approvals.

Commenting on the transaction, Alex Cook, Clifford Chance’s office managing partner in Prague, said: “We are delighted to be advising Indorama Ventures on this transaction, which complements their growth strategy in the automotive sector.

We look forward to assisting IVL on the path to closing the transaction as soon as possible”.

More information can be found in Indorama’s press release, which is available here.

The Clifford Chance team advising on the transaction was led by the Prague office’s managing partner and head of the corporate practice Alex Cook with associate Veronika Kinclová acting as executive lawyer.

The team further comprised of associates Jakub Veselý and Dominik Vojta and junior associates Zuzana Morávková, Matěj Kučera and Andrej Havko.

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EU Parliament microplastic bans tackle plastic pollution

RESOURCE EFFICIENCY

EU Parliament microplastic bans tackle plastic pollutionThe European Parliament’s environment committee today voted to strengthen the European Commission’s overall plans to cut plastic pollution, under the so-called Plastics Strategy.

On behalf of the Rethink Plastic alliance, Meadhbh Bolger, resource justice campaigner at Friends of the Earth Europe, said:

“The environment committee has recognised that the Commission’s plans to tackle plastic pollution must be strengthened to protect our oceans. Today’s vote gives a strong signal that more can and must be done to cut off the flood of plastics at source, and national governments across Europe must rise to the challenge.”

The European Environmental Bureau is one of the leading members of the Rethink Plastic Alliance, a coalition of NGOs working to reduce plastic pollution in the EU through ambitious laws.EU Parliament microplastic bans tackle plastic pollution

The environment committee called for a number of measures that go beyond the Commission’s original proposals, including:

  • A ban on microplastics in cosmetics, personal care, detergents and cleaning products by 2020, and minimum requirements to tackle other sources of microplastics
  • A complete ban on oxo-degradable plastics – a source of microplastic pollution – by 2020 [1]
  • A recognition that biodegradable and compostable plastics do not prevent plastic waste in our oceans and should not be an excuse to keep using single-use plastics
  • Any financial contribution from taxing plastics should go towards preventing plastic waste generation
  • The reduction of hazardous substances in plastics, to ensure that what is recycled is free from dangerous chemicals [2]

Bolger continued: “There’s a lot of greenwashing going on to try and present bio-based and biodegradable plastics as a silver bullet – but this is a sideshow, distracting from the real solutions: reduction and reuse. Bio-based and biodegradable plastics pollute our beaches and seas just like conventional plastics, and should be treated as such. It is hugely positive that the Parliament acknowledges this.”

However, the environment committee failed to back measures to tackle pollution from industrially-produced plastic pellets, which are melted down to make everyday plastic items.  It also failed to support stronger economic incentives to reduce plastic production and consumption. [3] EU Parliament microplastic bans tackle plastic pollution

The full European Parliament will vote in September on the environment committee’s response to the Commission’s proposal.

ENDS

NOTES:

[1] Oxo-degradables plastics are supposedly biodegradable plastics, which in reality break down into small fragments and contribute to harmful microplastic pollution in the oceans and other ecosystems.

[2] The Environment Committee also reminded the Commission of the EU commitment laid down in the 7th Environmental Action Programme (https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32013D1386) for the development of non-toxic material cycles. This is fundamental to ensure that the circular economy is a success for the environment.

[3] Effective economic incentives would include Extended Producer Responsibility fees for all plastic and plastic containing items, not only for packaging as is in current law.

Trump China trade war shocked Beijing respond

Trump ups China trade war ante, “shocked” Beijing to respond   Trump China trade war shocked Beijing respond

Source:ICIS News

SINGAPORE (ICIS)–US President Donald Trump’s administration unveiled a new list of tariffs on Chinese goods worth $200bn late on Tuesday, unleashing a new threat in an escalating trade war that has the whole world worried, rattling markets on Wednesday.

China vowed to fight back.Trump China trade war shocked Beijing respond

“China is shocked and will be forced to take countermeasures as usual to defend its own interests,” the country’s Ministry of Commerce said in a statement.Trump China trade war shocked Beijing respond

“We call on the international community to work together to safeguard free trade rules and multilateral trading systems and jointly oppose trade bullying,” it added.

As the two largest economies of the world traded punitive tariffs, Asian equities tumbled, led by the China’s stocks, with its currency – the yuan (CNY) – again depreciating against the US dollar.Trump China trade war shocked Beijing respond

China’s SSE (Shanghai Stock Exchange) composite index fell 49.85 points or 1.76% to close at 2,777.77.Trump China trade war shocked Beijing respond

The Chinese yuan was trading against the US dollar at CNY6.66 in the afternoon.

At 8:00 GMT, Brent crude was down $1.57/bbl at $77.29/bbl, while US crude fell 56 cents/bbl to $73.55/bbl.

Late on Tuesday, the US administration announced a two-month public review of the list of Chinese products identified on which a new 10% duty will be imposed, with hearings to be held on 20-23 August.Trump China trade war shocked Beijing respond

“For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition,” US trade representative Robert Lighthizer said in a statement.

“China has not changed its behavior — behavior that puts the future of the US economy at risk. Rather than address our legitimate concerns, China has begun to retaliate against US products. There is no justification for such action,” he said.

US tariffs on $34bn worth of Chinese goods took effect on 6 July, prompting China to respond with the same scale and intensity, effectively triggering a trade war between the world’s two biggest economies.Trump China trade war shocked Beijing respond

China’s retaliatory tariffs cover 545 US products, which will include agricultural products such as corn and soybeans.Trump China trade war shocked Beijing respond

The second set of US tariffs, involving $16bn of Chinese goods, is expected to take effect later this month.

Products under consideration for the second set include polyethylene (PE), polyvinyl chloride (PVC), polycarbonate, and polyamide alongside propane, LPG and hydrocarbon gases, naphtha, crude benzene, toluene and xylenes, and crude oil.

China’s retaliation to the initial set of US tariffs has prompted it to modify the initial action, according to the latest notification by the Office of the US Trade Representative (USTR).

“The proposed modification is to maintain the original $34bn action and the proposed $16bn action, and to take further action in the form of an additional 10% ad valorem duty on products of China with an annual trade value of approximately $200bn,” it said.

The new all-encompassing list released by USTR includes finished and raw products with diverse specifications.

Chemicals with certain classifications include benzene, toluene, all sorts of xylenes, phenols, naphtha, ethane, butane, styrene, ethylbenzene, cumene, ethyl chloride, methyl chloride, vinyl chloride, methanol, propane, butane, ethylene glycol, and methyl tertiary butyl ether (MTBE).

The list also contains certain classifications of acetone, acetic acid, ethyl acetate, vinyl acetate, fatty acids, acrylic acid, adipic acid, melamine, methyl di-p phenylene isocyanate (MDI), acrylonitrile-butadiene rubber (NBR), polypropylene (PP) yarn and caustic soda.

Similarly, the 10% tariff is also proposed on liquefied natural gas, liquefied propane, liquefied butanes, and liquefied ethylene, propylene, butylene and butadiene.

Emerging Asian currencies scrambled for cover on renewed trade war fears this morning, DBS Research said in a note.

“The tariff news was also ill-timed for investors hoping for a trade war respite to capitalize on the expected stream of strong US corporate earnings. Instead, futures are now looking for the major US stock indices to open 0.8-0.9% lower later tonight.

“Overall, Trump reminded markets that US-China trade tensions are likely to escalate ahead of the US mid-term elections in November. Our view remains for the USD [US dollar] to be underpinned for the rest of the year,” it added.

By Tahir Ikram

Additional reporting by Fanny Zhang, Pearl Bantillo and Joey Chua

(Recasts with China reaction. This is a developing story with more to follow.)

Picture: US President Donald Trump (Source: REX/Shutterstock)

By Tahir Ikram

USA become global leading producer crude oil  

‘US to become global leading producer of crude oil’   USA become global leading producer crude oil

IANS    Washington

USA become global leading producer crude oilThe US Energy Information Administration (EIA) has said the United States will become the world’s leading producer of crude oil if the output remains the current momentum.

Based on the June Short-Term Energy Outlook (STEO), EIA forecasts US crude oil production to average 10.8 million barrels per day in 2018, up from 9.4 million barrels per day in 2017, and to average 11.8 million barrels per day in 2019, Xinhua reported.USA become global leading producer crude oil  

If realised, both of these forecast levels would surpass the previous record of 9.6 million barrels per day set in 1970.

EIA, in its report on Tuesday, estimated that US crude oil production averaged 10.9 million barrels per day in June, up 0.1 million barrels per day from the May level. US crude output has remained above the 10 million barrels per day mark since February.

The Organization of the Petroleum Exporting Countries (OPEC) crude oil production averaged 31.9 million barrels per day in June.

Although the OPEC and non-OPEC participants agreed on November last year to extend the production cuts through the end of 2018 in order to reduce global oil inventories, tightening market conditions led the group to relax the production cuts starting this month.USA become global leading producer crude oil  

EIA expected that OPEC crude oil output will decrease by less than 0.1 million barrels per day on average in 2019, which reflects crude oil production increases from some producers that mostly make up for expected declines of more than 1.0 million barrels per day in Iran and Venezuela combined.USA become global leading producer crude oil  

Meanwhile, EIA forecasts that total US crude oil and petroleum product net imports will fall from an annual average of 3.7 million barrels per day in 2017 to an average of 2.4 million barrels per day in 2018 and to an average of 1.6 million barrels per day in 2019, which would be the lowest level of net imports since 1958.USA become global leading producer crude oil  

–IANS

pgh/

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres

Decathlon visits RadiciGroup to discuss sustainability  Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres
Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres
Courtesy: Radici Group

Around sixty Decathlon workers from all over the world visited the headquarters of RadiciGroup in Italy.Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres

The sustainability team of the sports chain also visited the RadiciGroup’s plants for production of engineering plastics and synthetic fibres.

RadiciGroup is a producer of chemical intermediates, engineering plastics, synthetic fibres, and nonwovens.Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres

The Decathlon sustainability team is currently spending a ‘sustainability week’ in Italy, focusing on issues such as circular economy, eco-design, products with low environmental impact, and renewable energy.

This is a traditional annual meeting for Decathlon people who deal with these topics around the world.
Every year the meeting location changes and this year Decathlon has chosen Italy for the “field training” of its team.

In this context, the visit to RadiciGroup responds to the need to exchange views with a manufacturer of innovative and sustainable products targeted at numerous sectors, among which sports: from nylon to polyester fibres, from synthetic grass yarns to engineering plastics used for manufacturing different accessories.

After a morning session in the classroom, the delegation moved to the production sites of Villa d’Ogna (Bergamo) and was able to see how polymerisation of nylon 6, yarn processing, and engineering plastics manufacturing occur.

Marco De Silvestri, marketing director of RadiciGroup comfort fibres business area said, “We are very pleased that an important company like Decathlon is highly focused on sustainability and has decided to visit us.

RadiciGroup has made sustainability a company strategy since long and today, thanks to the numerous investments aimed at reducing the environmental impact of its production activities, the Group achieved excellent results, reported and certified in its sustainability report.Decathlon visits RadiciGroup discuss sustainability plastics synthetic fibres

Our meeting demonstrates how sustainability should be planned and experienced throughout the supply chain, from the producer of raw materials to the large retailer, to reach a consumer who, let’s not forget this, is increasingly informed and aware.” (GK)

Fibre2Fashion News Desk – India

Related Topics

Crude oil prices hit $120 barrel…perhaps

Will crude oil prices hit $120 per barrel? Crude oil prices hit $120 barrel…perhaps
Issac John /Dubai
Crude oil prices hit $120 barrel...perhaps

Geopolitical risks, supply disruption may push prices to new highs.

Oil prices could jump steeply to cross $120 per barrel in a not-to-be ruled out scenario of zero Iranian exports combined with Opec’s lack of preparedness to offset the huge supply deficit, market analysts said.

Iran, the fourth-largest oil producer, accounts for five per cent of global oil supply and cutting its exports to zero could push oil up by $50 barrels per day (bpd) if Saudi cannot keep up, said analysts at BofA Merrill Lynch Global Research.

Oil is now a game of chicken. If the US administration were to order a complete cutoff of Iranian barrels before the end of the year, oil could surge to more than $120 a barrel, analysts argued.

Brent, the international benchmark, is currently trading at around $77 a barrel, up more than 25 per cent this year.

“We estimate that every million bpd shift in supply and demand balances would push the oil price by $17 bpd on average. So based on those assumptions, we estimate zero Iran exports could push oil up by $50 if Saudi Arabia caps out,” BofA Merrill Lynch analysts said.

They argued that since Saudi Arabia had never pumped more than 10.6 million bpd, could it now increase production and make up for any missing Iranian volumes?

More recent history shows Saudi Arabia has never produced more than 10.6 million bpd on average over a single month. “And even in the recent period, we have observed a steep decline in domestic Saudi oil inventories. Thus, it appears the oil market has little confidence that Iran volumes can be easily replaced,” BofA Merrill Lynch analysts said.

“In this game of chicken, we expect someone will blink before that happens,” they wrote.

However, Opec and its allies are doing what they can to offset crude output shortfalls that have kept global supplies tight and prices high, but they don’t want to overdo it, according to UAE Minister of Energy and Industry Suhail bin Mohammed Faraj Faris Al Mazrouei.

The minister said it is important to avoid bringing the market back to the kind of excessive supply that triggered the recent downturn. “It’s unfair to say that Opec is not doing its part,” Al Mazrouei, who’s also serving as president of Opec, said in a TV interview with Bloomberg BNN in Calgary. “There are things outside of our hand, the geopolitics as well as how much production is coming from the shale oil and Canadian sands.”

Iran’s Opec governor Hossein Kazempour Ardebili was quoted in June as saying that oil prices could jump to $140 a barrel due to the US sanctions against the country and Venezuela. The Iranian official also criticised a reported request that the United States made of Saudi Arabia to help stabilise oil prices in case the sanctions against Iran drives oil prices up.

MUFG Bank, a leading Japanese bank, said renewed geopolitical supply-side disruptions stemming from Canada, Iran, Libya, Venezuela and the US, raises the likelihood of oil trade interruptions and with it upside risks to oil prices in the near term. So much can change in oil markets in the course of a few weeks.

“Putting an actual nominal level of geopolitical risk, supply crunch concerns as well as Opec plus compliance shirking into the current level of oil prices is challenging, but we view that at least an upside risk of Brent and WTI exceeding north of $85 and $80, respectively, in Q3 2018, depending on the magnitude of these disruptions and how they impact the overall supply-demand balance,” Ehsan Khomas, head of Research and Strategist for Mena at MUFG, said.

Despite upside risks, analysts view that prices are in fact approaching the point where they are becoming a concern for consumers and also for producers. “As such, we believe that a sustained period of Brent above $80 and $75 for WTI will lead to demand destruction becoming more likely, through a combination of enhanced efficiency and a slowdown in the global economy,” analysts said.

– issacjohn@khaleejtimes.com

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Dangers Food Water Plastic Containers plastic toxins

Dangers of Food and Water In Plastic Containers  Dangers Food Water Plastic Containers plastic toxins

Dangers Food Water Plastic Containers plastic toxins

To ensure an all-round awareness at all levels for rural and city dwellers, government should sensitise citizens on the harmful consequences of plastic toxins when leached out into our food and water after exposure to heat. When citizens are well educated and informed on plastic toxins, they will take healthy and informed decisions.

Many Nigerians did not understand where the Agriculture Minister Audu Ogbeh was coming from when sometime ago he warned his compatriots against the use of cellophane in their food regime. He was speaking from a scientifically informed position we should align with for the good health of society.Dangers Food Water Plastic Containers plastic toxins

The minister raised an alarm that Nigerians who are eating beans pudding (‘moinmoin’) cooked in cellophane (nylon) bags risk serious health challenge as the product is poisonous. According to him, cellophane bags contain large doses of dioxin that are harmful to health. Let me also add that liquid milk tin is also dangerous for packaging ‘moinmoin’ when cooking as leaching of chemical from the milk tin into the content will still occur in the process. The healthy alternative for packaging or wrapping ‘moinmoin’ when steaming is the use of local green leaves which do not contain poisonous substances. These leaves rather add flavour, antioxidants and aroma to the ‘moinmoin’.

Plastics, no doubt, have become a part of our daily lives, especially in the kitchen. The role of plastics as packaging and storage containers for our food cannot be overemphasised. Plastics are light-weight, readily available and cheap, hence their heavy demand in the kitchen. Plastics like PET bottles also become handy for packaging water in various sizes. Cooking oil is equally packaged in plastic kegs, jerry cans and bottles of different sizes. Some electric jugs, insulated food warmers, food flasks, food serving spoons (for staple and swallow foods) – spatula and ladle for soup, sieve and many other kitchen utensils, are made of plastics. Plastics can however be hazardous to human lives, depending on the plastic type, how it is used and what it is used for.Dangers Food Water Plastic Containers plastic toxins

Sadly, we hardly can do without touching plastics in our food chain – from production, preparation, processing up to packaging. In addition, storage and reheating of leftover foods are done mostly in plastic containers. Findings have however revealed that almost all plastic packaging materials used for food contain substances that can leach into the food. Leaching, in this context, is the release of harmful chemicals from plastics or cellophane (nylon) bags into the contents it carries, be it food or liquid, when heated.

In order to live and lead a healthy life, avoid eating hot food from plastics. Also remember to use plastics with recycle codes #1, #2, #4 and #5 only for food and drink purposes, while plastics with codes #3, #6 and #7 should be avoided when it comes to food.

On the basis of recycling symbols or codes, plastics can be grouped into seven. It is also on this basis that plastics are regarded as harmful or safe and eco-friendly. You may not have noticed this – every plastic bottle or container has a recycling symbol. The symbol is a number which ranges from one to seven and written in a triangle drawn with a chasing arrow symbol. Just look around the bottom of any plastic product, imprinted somewhere on the underside is a number inscribed in the arrow-chasing triangle and with acronym or symbol just below the triangle.Dangers Food Water Plastic Containers plastic toxins

Plastic products labeled code #1 stands for PET (Polyethylene terephthalate); code #2, HDPE (High-density Polyethylene); code #3, PVC (Polyvinyl Chloride); code #4, LDPE (Low-density Polyethylene); code #5, PP (Polypropylene); code #6, PS (Polystyrene) and code #7, PC (Polycarbonates).Dangers Food Water Plastic Containers plastic toxins

Food safety experts and toxicologists say plastic products with recycling codes #3, #6 and #7 are toxic and should be avoided, particularly for food and drinks because they leach harmful chemicals. Some experts have argued that plastics labeled code #1 are not safe because they leach antimony trioxide (a possible carcinogen) when heated, while others believe PET bottles are safe. Other plastics with recycle codes #2, #4 and #5 are likely to be free of Bisphenol A (BPA), phthalates and other dangerous chemicals of concern. The consumption of sachet and bottled water exposed to sunlight with temperature over 28 degrees celcius is hazardous and can damage the immune system, lead to failure of kidney and liver.Dangers Food Water Plastic Containers plastic toxins

foraminifera

Those in the habit of habit buying food in cellophane bags and then eating from it should desist from such practices as large doses of dioxin enter the body through the food. Same is also applicable to people who buy and drink freshly prepared hot antimalarial herbal concoction (“agbo iba”) from road side sellers inside nylons or plastic cups.

In order to live and lead a healthy life, avoid eating hot food from plastics. Also remember to use plastics with recycle codes #1, #2, #4 and #5 only for food and drink purposes, while plastics with codes #3, #6 and #7 should be avoided when it comes to food. However, to play safe and be extra cautious, avoid taking hot food from any plastic, irrespective of the recycling code under it.Dangers Food Water Plastic Containers plastic toxins

Those in the habit of habit buying food in cellophane bags and then eating from it should desist from such practices as large doses of dioxin enter the body through the food. Same is also applicable to people who buy and drink freshly prepared hot antimalarial herbal concoction (“agbo iba”) from road side sellers inside nylons or plastic cups. Taking hot coffee or water from Styrofoam (disposable) cups has similar implications as well.

To ensure an all-round awareness at all levels for rural and city dwellers, government should sensitise citizens on the harmful consequences of plastic toxins when leached out into our food and water after exposure to heat. When citizens are well educated and informed on plastic toxins, they will take healthy and informed decisions.

Kayode Ojewale, an industrial chemist, wrote from Idimu, Lagos.

USA impose new tariffs additional $200bn Chinese goods  

US to impose new tariffs on additional $200bn Chinese goods   USA impose new tariffs additional $200bn Chinese goods

Source:ICIS News

SINGAPORE (ICIS)–US President Donald Trump’s administration unveiled a new list of tariffs on Chinese goods worth $200bn late on Tuesday, unleashing a new threat in an escalating trade war that has the whole world worried.

USA impose new tariffs additional $200bn Chinese goods

The US administration has announced a two-month public review of the list of Chinese products identified on which a new 10% duty will be imposed, with hearings to be held on 20-23 August.

“For over a year, the Trump Administration has patiently urged China to stop its unfair practices, open its market, and engage in true market competition,” US trade representative Robert Lighthizer said in a statement issued late on Tuesday.USA impose new tariffs additional $200bn Chinese goods  

“China has not changed its behavior — behavior that puts the future of the US economy at risk. Rather than address our legitimate concerns, China has begun to retaliate against US products. There is no justification for such action,” he said.

Shares of petrochemical firms in Asia fell on Wednesday morning, in line with losses across regional bourses after the US’ announcement.USA impose new tariffs additional $200bn Chinese goods  

US tariffs on $34bn worth of Chinese goods took effect on 6 July, prompting China to respond with the same scale and intensity, effectively triggering a trade war between the world’s two biggest economies.USA impose new tariffs additional $200bn Chinese goods  

China’s retaliatory tariffs cover 545 US products, which will include agricultural products such as corn and soybeans.

The second set of US tariffs, involving $16bn of Chinese goods, is expected to take effect later this month.

Products under consideration for the second set include polyethylene (PE), polyvinyl chloride (PVC), polycarbonate, and polyamide alongside propane, LPG and hydrocarbon gases, naphtha, crude benzene, toluene and xylenes, and crude oil.

China’s retaliation to the initial set of US tariffs has prompted it to modify the initial action, according to the latest notification by the Office of the US Trade Representative (USTR).

“The proposed modification is to maintain the original $34bn action and the proposed $16bn action, and to take further action in the form of an additional 10% ad valorem duty on products of China with an annual trade value of approximately $200bn,” it said.

The new all-encompassing list released by USTR includes finished and raw products with diverse specifications.

Chemicals with certain classifications include benzene, toluene, all sorts of xylenes, phenols, naphtha, ethane, butane, styrene, ethylbenzene, cumene, ethyl chloride, methyl chloride, vinyl chloride, methanol, propane, butane, ethylene glycol, and methyl tertiary butyl ether (MTBE).

The list also contains certain classifications of acetone, acetic acid, ethyl acetate, vinyl acetate, fatty acids, acrylic acid, adipic acid, melamine, methyl di-p phenylene isocyanate (MDI), acrylonitrile-butadiene rubber (NBR), polypropylene (PP) yarn and caustic soda.

Similarly, the 10% tariff is also proposed on liquefied natural gas, liquefied propane, liquefied butanes, and liquefied ethylene, propylene, butylene and butadiene.

By Tahir Ikram

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PET bottled recycling bottled water industry polyester family

PET bottled recycling: how and why? PET bottled recycling bottled water industry polyester family

While the bottled water industry is a marginal user of some packaging types (paper, glass, Wood, cardboard), it is a significant user of PET. PET resin is from the polyester family. While Two – thirds of the global polyester market is used for textile application, PET resin for bottled water packaging accounts for 9% of the global market(2010).

PET is a 100% recyclable material that replaced PVC in the 1990’s. PET is a lighter component than PVC: the weight of plastic water bottles was reduced by 1/3 by using PET.

PET or rPET, is recycled into new products or materials, such as clothing, carpet, industrial products and, of course, new plastic bottles. Plastic bottles go through the recycling process to then be reused for new products.PET bottled recycling bottled water industry polyester family

PET is first cut into little pieces and then it is cleaned. It is transformed into little balls that are later used to manufacture new products.PET bottled recycling bottled water industry polyester family

Nestlé Waters is constantly improving the weight of their water bottles, which have been lighter than 14.5g since 1990/ Remember to recycle. PET is a resource!

PET bottled recycling: how and why?

While the bottled water industry is a marginal user of some packaging types (paper, glass, Wood, cardboard), it is a significant user of PET. PET resin is from the polyester family. While Two – thirds of the global polyester market is used for textile application, PET resin for bottled water packaging accounts for 9% of the global market(2010).

PET is a 100% recyclable material that replaced PVC in the 1990’s. PET is a lighter component than PVC: the weight of plastic water bottles was reduced by 1/3 by using PET.

PET or rPET, is recycled into new products or materials, such as clothing, carpet, industrial products and, of course, new plastic bottles. Plastic bottles go through the recycling process to then be reused for new products.PET bottled recycling bottled water industry polyester family

PET is first cut into little pieces and then it is cleaned. It is transformed into little balls that are later used to manufacture new products.

Nestlé Waters is constantly improving the weight of their water bottles, which have been lighter than 14.5g since 1990/ Remember to recycle. PET is a resource!

​​PET bottled recycling bottled water industry polyester family

Related Topics

-Closed Loop PET Bottle Recycling Demonstrations from AMUT & EREMA – AMUT and EREMA are inviting guests to watch washed post-consumer PET bottle flakes being recycled in a closed material loop process from 28 to 31 May 2018 at the AMUT headquarters in Novara, Italy – Closed Loop PET Bottle Recycling AMUT & EREMA

UK markets firm stronger soft Brexit hopes

UK markets firm on stronger ‘soft Brexit’ hopes  UK markets firm stronger soft Brexit hopes

Source:ICIS News

LONDON (ICIS)–UK markets firmed in early trading on Tuesday on increased investor optimism that a less dramatic exit from the EU could be achieved, despite the departure of several senior government officials.UK markets firm stronger soft Brexit hopes

UK markets firm stronger soft Brexit hopesThe departure of chief Brexit negotiator David Davis on Sunday and Foreign Secretary Boris Johnson on Monday failed to dent a modest rally in the UK’s FTSE 100 index, as fears of a revolt by government ministers following the resignations seemed to recede.

The two cabinet ministers quit following the release of a statement following an all-hands cabinet meeting convened last week at Chequers, the countryseat of the UK Prime Minister Theresa May, outlining a more explicit commitment to a soft break from the EU than had hitherto been publicly declared.

The value of UK sterling against the euro dipped on Monday following news of Johnson’s departure, but broadly recovered on Tuesday, with Deutsche Bank analyst Jim Reid noting that the path to a soft Brexit “is materialising faster” than expected.

“If [the resignations] lead… to a marginalisation of the hard Brexit wing of the Tory [Conservative] Party in negotiations, this would represent a meaningful positive,” he said.

“Indeed, at this stage it seems likely May will survive the crisis, leaving her in a stronger position to seek compromise with the EU27.”UK markets firm stronger soft Brexit hopes

The Chequers statement sets out a Norway-style free trade agreement as the desired outcome of Brexit negotiations through the establishment of a new free trade area for goods, rather than accession to the existing European Economic Area (EEA).

May, trying to balance the expectations of Brussels and the Eurosceptic wing of her own party, had demurred up to this point from so clearly setting out the practicalities of a post-Brexit trading model.

Crucially for chemicals producers, the statement prioritises maintaining regulatory alignment on the trade of goods between the regions and for the development of a new arrangement removing the need for border checks and controls for items crossing the channel.

The emphasis on a new customs arrangement, rather than a push for customs union membership, implies that the UK is hoping to broker a bespoke border agreement that would be less restrictive.UK markets firm stronger soft Brexit hopes

Under customs union rules, deviation by a signatory country from EU trade rules on any commodity could necessitate checks for all trucks crossing the border, slowing the pace of trade and potentially creating gridlocks at the ports.

The country would accept the status as rule-taker on trade goods regulations as the price of striking such an accord, and maintain a role for the European Court of Justice (ECJ) – a cause-celebre in UK tabloids – in the country on matters of arbitration involving the EU.

“The UK and the EU would maintain a common rulebook for all goods including agri-food, with the UK making an upfront choice to commit by treaty to ongoing harmonisation with EU rules and goods, covering only those necessary to provide for frictionless trade at the border,” the government said in a statement following the summit.

However, the country is seeking to strike different arrangements for services, including its crucial finance industry, although little indication was given on how this would be achieved.

It remains to be seen how much of this arrangement, if any, will be accepted by European Commission lawmakers, which have been loath to grant any concessions to the UK in negotiations so far, according to sources familiar with talks in Brussels.

However, the fragility of May’s position as Prime Minister and the extent of the climb-down in the Chequers statement, compared to earlier UK government rhetoric, could increase pressure on Commission officials to find middle ground on at least some aspects of the statement.UK markets firm stronger soft Brexit hopes

Business investment in the UK has proven more resilient in early 2018 than had initially been expected, according to analyst Pantheon Macroeconomcs, meaning that the successful brokering of a soft Brexit deal could unlock a wave of investment into the country.

However, the bid for a different arrangement on services than goods is likely to fail, with the final configuration the UK’s post-Brexit relationship with the EU to hew far closer to existing EEA terms than a bespoke deal, according to Pantheon chief UK economist Samuel Tombs.

“Eventually, we think that the EU will force May to cross-out more of her red lines and opt to stay in the EEA, preserving full access for services firms, in order to get a deal done,” he said.

He added that the likelihood for negotiations to drag on through to 2019 likely to depress business confidence until then.

Pictured: UK and EU flags outside the country’s parliament 
Source: Alberto Pezzali/REX/Shutterstock

By Tom Brown

European PET group join antimony data gathering effort

European PET group to join antimony data gathering effort  European PET group join antimony data gathering effort   

European PET group join antimony data gathering effortThe Committee of PET Manufacturers in Europe (CPME) has announced its intention to join a campaign to generate exposure information on selected REACH registered antimony substances.

The trade group’s statement comes as Germany’s Federal Institute for Occupational Safety and Health (Baua) assesses the potential carcinogenicity of five antimony compounds. This could result in the reclassification of one or more of them.European PET group join antimony data gathering effort

In response to Baua’s assessment, the International Antimony Association (i2a) said in May that it is to run a data gathering campaign next year.

And now CPME has committed to taking part and urges others along the supply chain to do so. Its members use antimony as a catalyst in the production of polyethyleneterephthalate (PET) resin, used to make plastic bottles. PET is also used to make fibres and films.

Mike Neal, chair of the CPME’s health and safety committee, said ensuring the safe use of antimony is important for the sector, for the sake of its manufacturing staff and consumers. But also because there are issues with its two alternatives – titanium and germanium catalysts.European PET group join antimony data gathering effort

The available titanium catalysts, which are acceptable for films and fibres, are currently not suitable for PET resin, Mr Neal told Chemical Watch. They have not “solved an unacceptable yellow colouration in the polymer”.European PET group join antimony data gathering effort

Meanwhile, germanium is expensive and not as abundant as antimony. “There is not enough to cover and replace antimony catalysts across the global PET industry,” he said.

New data

Mr Neal said the European PET industry has already been involved in gathering data on antimony. This dates from the European Food Safety Authority’s (Efsa) risk assessment on antimony trioxide migration limits from food contact materials around 2004.

But animal toxicity studies, released last year, raised questions on whether current exposure limits are adequately protecting health and if other measures should be adopted to safeguard workers handling antimony substances.

CPME decided to join the campaign because the available data on antimony trioxide is relatively old and only covers the inhalable size particles.

“The PET sector seized the value of fulfilling the exposure data requirements, triggered by the more recent scientific and regulatory considerations. This is a great example of product stewardship, that i2a hopes will inspire many more actors of the antimony value chain,” i2a said.European PET group join antimony data gathering effort

The animal test results, based only on respirable particles (<4µm), are driving authorities to consider whether exposure limits in workplace aerosols are required for this size particles, as opposed to the traditionally measured inhalable size (<100µm), it said.

Therefore, the i2a campaign will focus its efforts on generating data for:

  • inhalable and respirable size particles of occupational aerosols;
  • several workplaces;
  • operational conditions; and
  • each specific use of the antimony substances.

Last month, i2a organised a workshop to encourage sectors along the supply chain to get involved. In a statement afterwards, it said: “The data will only be of value to regulatory agencies if a sufficient number of data points is collected – to reach the required statistical robustness – and each data point is collected with complete contextual information that defines the work conditions, job activities and sampling time during personal monitoring.”

The antimony association added that the data collected through its campaign will “address the shortcomings identified in previous exposure assessments before and since the REACH Regulation. It will also inform Germany’s Baua, and other regulatory bodies, about current exposure levels during the handling of antimony in the workplace.”

Source : Leigh Stringer
Global Business Editor

Sustainable Alternatives Petrochemical ByProducts Petroleum

Sustainable Alternatives Petrochemical ByProducts Petroleum

Are There Sustainable Alternatives For Petrochemical By-Products?   Sustainable Alternatives Petrochemical ByProducts Petroleum

The fossil fuel industry has historically been powerful, successful and lucrative for various reasons, globally.

Source Sustainable Alternatives Petrochemical ByProducts Petroleum

Substances created by this process, for energy, are not merely mined or sourced, but their by-products have resulted in other materials that can be useful. For example, petroleum production results in a number of non-fuel derivatives, which include propylene, formaldehyde, sulfur, and benzene. These chemicals can, in turn, be used in chemical or plastic-making. Collectively known as petrochemicals, they also components of adhesives, which are found in popularly branded products such as ‘Scotch’ tape.

A new report in the journal, ACS Central Sciences, asserts that there could be a sustainable analog of these petrochemicals and that its source is all around us, and always has been.

Petrochemical-Based Adhesives

The adhesives in question are those of the pressure-sensitive (or PSA) variety, which means that they can stick two surfaces together in a robust and persistent manner, in response to being firmly pressed together.

The PSA market is estimated to be worth 13 billion dollars within the next five years.

PSAs are composed of trifold molecules, the most central of which has rubber-like properties. These ‘middle-block’ molecules are often petrochemicals such as polybutadiene. However, their use actually reduces the adhesive properties of the overall triple polymer.

Therefore, petrochemical-based adhesives can often require additional plasticizers or tackifiers (which is the technical term for a molecule that makes a compound stickier) to enhance their desirable properties. However, the same additives can also reduce the functional life of the PSA.

Sustainable By-Products of Petroleum

A team of researchers from the University of Delaware (Newark) has been investigating the possibility that more natural chemicals can make more effective and eco-friendly middle-block polymers.

The source of these polymers could be lignin found in many tree species. Lignin gives arboreal tissue strength and rigidity. However, it is also composed of subunits (or monomers) that can behave much like the middle-block polymers available today.

Furthermore, the conventional tree-products industry results in huge amounts of lignin (which can be found in nearly any kind of wood scrap or waste) as a by-product. Some companies in North America will veritably give this product away rather than pay for it to go into a landfill.

Therefore, in general, lignin is a sustainable and plentiful source of potential building blocks for PSAs.

There is just one main stumbling block: bulk lignin is super-resilient and resistant to breakdown as a raw material.

However, the Delaware team finally developed a process to reduce lignin into its monomers, which is known as de-polymerization. Additionally, this new process was seen to require relatively low temperatures and fewer steps, making it appreciably cost-effective and feasible.

The monomers were then used to synthesize slightly more complex polymers, one of which was poly-(n)-butyl acrylate (PBA). This polymer was chosen as it had been found to have a reduced effective modulus compared to polybutadiene, and also has a higher molecular weight (28 kg/mol compared to 1.7 kg/mol for polybutadiene).

Therefore, PBA can make a better adhesive, without the need for tackifiers or plasticizers.

The researchers also found that another of the acrylate polymers made from lignin subunits made an effective alternative to the other two components of the PSA tri-block.

This molecule, poly-4-propylsyringyl acrylate (or P4pSA) was placed on either side of a PBA unit to make a full lignin-sourced triblock known as 4pSA-b-BA-b-4pSA or SaBSa. This basic polymer could then be extended to make poly-SaBSa as a bulk adhesive.

Poly-SaBSa ended up being about 78% PBA and was comparable to a conventional PSA formulation made of PBA in a poly (methyl methacrylate (or PMMA)) sandwich. The poly-SaBSa had a molecular weight of 66.4 kg/mol and a modulus of 1.15, which was not significantly different from the PMMA-PBA-PMMA polymer, which also had a PBA content of about 77%.

The lignin-derived adhesive was also reported as comparable in terms of ‘stickiness’ and ‘tackiness’ to those found on two commercially-available, popular tape products (Scotch ‘Magic’ and Fisherbrand labeling tape, respectively).

The product was associated with a tack force of 2.5 newtons per centimeter (N/cm) and an average 180-degree peeling force of 3.1 N/cm. A strip of poly-SaBSa could also hold a 500-gram weight (while also sticking to stainless steel from above) for up to 810 minutes.

This time beat that of conventional duct tape (about 200 minutes), electrical tape (500 minutes), and Post-it notes (about 30 seconds), but not Scotch tape (over 10,000 minutes). The poly-SaBSa also beat other emerging potential PSAs that are or could be derived from sustainable sources in these metrics.

Sustainable Alternatives Petrochemical ByProducts Petroleum
Sustainable Alternatives Petrochemical ByProducts Petroleum

This figure illustrates the 180-degree peel and tack force tests, and also displays the p-SaBSa’s performance against conventional tapes. MBM= poly (MMA-b-BA-b-MMA) tape. (Source: S. Wang et al., 2018)

Future of New Products

This project may offer vital evidence that at least some petrochemicals can be replaced by biomass derivatives in the future.

In addition, the Delaware researchers have estimated that they can possibly ‘tune’ their potential PSA’s properties by varying the lignin polymers, or even the wood type producing the lignin.

On the other hand, the lignin depolymerization technique requires solvents such as methanol, which are sourced from the petrochemical industry.

All in all, this is an exciting step forward into a world where important industrial and commercial concerns can operate with less reliance on fossil fuels or their by-products.

Top Image: A basic schematic of how trees are turned into adhesive. (Source: S. Wang et al, 2018)

Z. Sun, et al. (2018) Bright Side of Lignin Depolymerization: Toward New Platform Chemicals. Chem Rev. 118:(2). pp.614-678.

S. Wang, et al. (2018) From Tree to Tape: Direct Synthesis of Pressure Sensitive Adhesives from Depolymerized Raw Lignocellulosic Biomass. ACS Cent Sci.

DEIRDRE O’DONNELL

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Shanghai Attempt Cut Plastic Packaging Failing

Shanghai Attempt to Cut Plastic Packaging is Failing   Shanghai Attempt Cut Plastic Packaging Failing

Shanghai Attempt Cut Plastic Packaging FailingThe first non-binding standards were released in Shanghai this April. It was the first time in China. The purpose was to replace plastic packaging by paper and biodegradable packaging in take-away and home delivery sector.

There are 1.65 million food delivery orders per day in Shanghai and it generates 1.2 billion discarded plastic boxes each year (45,000 tons of waste). The objective was to encourage the replacement of plastic food boxes and bags with paper bowls and bio-degradable sacks.Shanghai Attempt Cut Plastic Packaging Failing

The standard have been drafted by Shanghai Quality and Technical Supervision Bureau and were expected to cut plastic waste from the food delivery industry by more than 75%. The standards were implemented only in a few places in Shanghai.

The results of the non-binding standards are not good. The experiment is not meeting its expectations and the results are bad. Less than half of the 1 million eco-friendly paper bowls distributed have been used by catering businesses.Shanghai Attempt Cut Plastic Packaging Failing

Main reasons for the failure:

  • Change in mentality does not come easily.
  • Plastic containers come in more shapes than paper packaging.
  • Plastic containers are harder than paper containers.
  • The seal of paper containers is not tight and this may be a problem for liquid food.Shanghai Attempt Cut Plastic Packaging Failing
  • Paper containers are also more expensive than those made of plastic.

Zhang Lei, deputy director of the administration’s food supervision and management department said:

“A large number of catering businesses still use plastic containers, and we feel they were not excited over the idea (of changing).”

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USA Sanctions Could Add $50 Oil Prices

U.S. Sanctions Could Add $50 To Oil Prices   USA Sanctions Could Add $50 Oil Prices  

Source : Bad Iran Oil Situation Crude Oil prices 

USA Sanctions Could Add $50 Oil Prices

The oil industry might not be able to produce enough oil to meet global demand in a few years’ time.USA Sanctions Could Add $50 Oil Prices

To be sure, much of the oil world is focused on the supply fears in the near-term. The outages in several OPEC nations, plus the tightening noose on Iran from the U.S. government, could lead to a supply shortfall towards the end of this year, a hole so big that Saudi Arabia could struggle to fill it, even if it burned through much of its spare capacity.USA Sanctions Could Add $50 Oil Prices

But over the long-term, there are also questions about the global oil industry’s ability to supply enough oil to the market.USA Sanctions Could Add $50 Oil Prices

It isn’t the same “peak oil” theory as yesteryear, but there certainly seem to be echoes of that argument bubbling up the surface once again. While the world isn’t running out of oil, there could be a shortage of cheap oil by the early part of the next decade. The majors have cut spending on exploration and development so drastically that there will be a dearth of new large-scale projects coming online in the next few years.

And the new hyper-focus on profitability at the expense of growth, a mantra pressed upon oil companies by restive shareholders, could keep supply constrained.

The IEA has repeatedly warned over the past few years that U.S. shale growth would likely plateau in the 2020s, which means that the world would be right back to where it started – dependent on oil-producing nations in the Middle East. There are some shale boostersthat see nothing but sunny days ahead for U.S. shale, but a lot of other market watchers see shale flattening out in the next decade before entering into an extended period of decline. After that, as the IEA has argued, the Middle East will once again be the supplier of last resort.USA Sanctions Could Add $50 Oil Prices

The problem is that the supply crunch might be so severe that Saudi Arabia won’t be able to come to the rescue.USA Sanctions Could Add $50 Oil Prices

“Something like shale oil…it is not going to really create a major dent in total global supply requirements up until 2040,” Saudi Aramco’s CEO Amin Nasser said in an interview with the Financial Times. “Everybody needs to do his share…We will contribute, but how much we will contribute?” he said, a recognition that Saudi Arabia won’t be able to do it alone.

U.S. shale growth over the past decade has been so explosive that it helped crash oil prices in 2014. But the supply surge masks “chronic underinvestment,” Sanford C. Bernstein & Co. analysts wrote in a note last week. The investment manager said the newfound focus on profitability, which has led a long list of oil and gas companies to deprioritize growth, could create the conditions for a major supply crisis.

“Investors who had egged on management teams to reign in capex and return cash will lament the underinvestment in the industry,” the analysts wrote. “Any shortfall in supply will result in a super-spike in prices, potentially much larger than the $150 a barrel spike witnessed in 2008.

Of course, for many, this is a problem for another day. The oil market is arguably facing a supply crisis right now. Until recently, the oil market assumed a loss of about 0.5 mb/d from Iran because of U.S. sanctions. But statements from the U.S. government about “zero tolerance” towards Iran could mean that those losses will end up being much higher. Just by shifting the supply outages from 0.5 to 1 mb/d would translate into an oil price increase of about $8 to $9 per barrel, according to Bank of America Merrill Lynch.

“We estimate that every million b/d shift in [supply and demand] balances would push the oil price by $17/bbl on average. So based on those assumptions, we estimate zero Iran exports could push oil up by $50/bbl if Saudi caps out. We expect in this game of chicken, someone will blink before that happens.”

In other words, if Saudi Arabia is unable to plug the deficit, the U.S. would likely have to back down on its “zero tolerance” policy towards Iran. The oil market is too tight, and the supply gap would be too large. Cutting Iran exports by that much, in an increasingly tight oil market, would send prices skyrocketing, something that the Trump administration probably won’t be able to stomach. If Trump proceeded, a price spike of that magnitude would lead to a meltdown in demand.

By Nick Cunningham of Oilprice.com

Nick Cunningham is a freelance writer on oil and gas, renewable energy, climate change, energy policy and geopolitics. He is based in Pittsburgh, PA.

CUNNINGHAM

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Carolina Color acquires specialty color additives company Chroma

Carolina Color acquires specialty color and additives company Chroma   Carolina Color acquires specialty color additives company Chroma

by: Clare Goldsberry
Packaging
Materials

Carolina Color acquires specialty color additives company Chroma Carolina Color Corp. (Salisbury, SC) announced on July 9 that it had acquired Chroma Corp., a specialty color and additive concentrates business based in McHenry, IL, serving packaging, electronics and other markets. Terms of the transaction were not disclosed.

“We are pleased to see Chroma, with its solid reputation in the Midwest, join our incredibly strong color businesses—Carolina Color, Breen and Hudson—which were combined last year into Carolina Color,” stated George Abd, Chairman of the Board of the company. “By combining these businesses that bring great product technology and reputations in the industry, we continue to execute our strategy of building the finest colorant company serving our markets. We are especially pleased to add the Chroma facility and team in McHenry, IL, to our company as a strong base from which to grow and better serve our Midwest customer[s].”Carolina Color acquires specialty color additives company Chroma

Howard DeMonte, President of Carolina Color, commented, “We will continue to acquire key businesses with the capabilities and resources in locations that complement our current portfolio with the singular goal of meeting the colorant needs of both large and small plastics converters.”Carolina Color acquires specialty color additives company Chroma Carolina Color acquires specialty color additives company Chroma

Sponsored Content Brought to you by The Electric & Hybrid Vehicle Technology Expo

The Electric & Hybrid Vehicle Technology Expo is HereThe Electric & Hybrid Vehicle Technology Expo is part of North America’s largest industry event, bringing a comprehensive showcase of electric & hybrid manufacturing, advanced battery, and critical power technologies onto one show floor.

Chroma produces custom formulated masterbatch colors, dry colors, additive concentrates and pre-color compounds for the packaging, electronic, safety, automotive, recreation, medical and consumer products industries.

“We are exceedingly pleased to become part of this exceptional business,” stated Chroma CEO Tom Bolger. “We were not considering a sale when approached, but we quickly warmed to the idea after meeting the team, hearing the vision and reviewing Carolina Color’s considerable progress.Carolina Color acquires specialty color additives company Chroma

“Additionally, I worked with several of the key executives at Carolina Color earlier in my career and know them to be very talented, high-caliber people. I could not be more excited to remain with the company and I look forward to working with the entire Carolina Color team as we move the company forward together,” said Bolger.

Enzyme Converts Plant Derived Lignin Bioplastics

New Enzyme Converts Plant-Derived Lignin to Bioplastics    Enzyme Converts Plant Derived Lignin Bioplastics

Enzyme Converts Plant Derived Lignin Bioplastics
Michael Crowley (left), Christopher Johnson, and Gregg Beckham are co-authors of a new paper in Nature Communications. Photo by Dennis Schroeder / NREL

An international research team, including scientists from U.S. Department of Energy’s National Renewable Energy Laboratory, has discovered a new family of cytochrome P450 enzymes.Enzyme Converts Plant Derived Lignin Bioplastics

They are  highly versatile enzymes, which can be found in the human body. They are involved in different important metabolic pathways.

For decades, researchers only knew about Families A through M classes of the cytochrome P450s; however, the Family N was finally discovered. This discovery can improve the conversion of lignin into useful materials or products ( nylon, chemicals, plastic etc.).

Cytochrome P450s are incredibly important enzymes that have an infinite number of usages in biotechnology. They are highly flexible and can be engineered for different tasks. Scientists have already worked for decades on engineering the proteins to tweak them.

The discovery happened when Gregg Beckham, a Senior Research Fellow at NREL, asked Christopher Johnson, a molecular biologist in NREL’s National Bioenergy Center, to find an enzyme needed for the conversion of guiaicol, the simplest element of lignin, to another organic compound. This reaction can be used in the production of several types of bioplastics.Enzyme Converts Plant Derived Lignin Bioplastics

Johnson found the way to conduct the conversion in a single step. He discovered the cytochrome P450s that could do that. However, in order to make the enzyme work more efficiently, they had to understand how it works. Therefore, they tried to analyze the structure, and it led to the discovery of the Family N.

The study of the Family N didn’t stop, and scientists found another characteristic of that class.  They realized that it t can remove a methyl group from different substances. This is critical for the microbial conversion of lignin. Additionally, the enzyme can be engineered to be a specialist for a specific molecule.Enzyme Converts Plant Derived Lignin Bioplastics

According to Beckham, now Family N cytochrome P450 is the most versatile, engineerable and evolvable class of enzymes ready to push biotechnology forward and make the enzyme better.

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Prices styrene rose USD30 tonne China last week

The prices of styrene rose by USD30 per tonne in China last week   Prices styrene rose USD30 tonne China last week

Prices styrene rose USD30 tonne China last weekMOSCOW – Prices of imported styrene in China rose at the end of last week by USD30 per tonne against the background of growing consumer interest, ICIS reports.

The price proposals for July 6 for August deliveries were USD1380 per tonne, CFR China, while the prices for July were USD1410 per tonne, CFR China, which is USD30 per ton higher than the previous day.

Demand increased as soon as signs of an uptrend appeared. In addition, the margin in the polystyrene sector has also increased. As a result, a larger number of end users searched for additional spot volumes.

It was previously reported that the stocks of styrene monomer in the eastern region of China increased by 6.3% last week compared to last week, thus showing an upward trend for the fourth week in a row after falling to the lowest level since 2010 in early June . The total reserves of the material in the region were at the level of 62.4 thousand tons, which is 3.7 thousand tons higher than the level of the week ago.Prices styrene rose USD30 tonne China last week    Prices styrene rose USD30 tonne China last week  

Styrene is the main raw material component for the production of polystyrene (PS).

According to the ScanMap of the company MRC, the total operating time of the PS at the capacities of Russian plants in May was 42.58 thousand tons.

Compared with May of last year, production of PS and styrene plastics in Russia decreased by 5%. Over the period January-May, the production of substations in Russia amounted to 216.42 thousand tons, which corresponds to the amount of operating time last year.

Prices styrene rose USD30 tonne China last week  Prices styrene rose USD30 tonne China last week  

mrcplast.ru

Author:                Anna Larionova

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Oakley Bioracer launch G+ cycling jersey graphene based products

Oakley and Bioracer launch G+ cycling jersey   Oakley Bioracer launch G+ cycling jersey graphene based products

Directa Plus, a producer and supplier of graphene-based products for use in consumer and industrial markets, has announced that Oakley, in collaboration with Bioracer, a designer and manufacturer of innovative, customised clothing for cycling teams and individuals as well as for other sporting activities, have launched the G+ Graphene Aero Jersey containing the company’s graphene-based products.

Unveiled today at the Eurobike 2018 trade show in Friedrichshafen, Germany, the new jersey is designed to leverage the unique properties of Graphene Plus (G+) to dissipate heat from the rider’s body enabling them to focus less on the conditions around them and more on performance.Oakley Bioracer launch G+ cycling jersey graphene based products

Oakley Bioracer launch G+ cycling jersey graphene based products

The company’s printed G+ planar thermal circuit distributes the heat generated by the body and dissipates it when needed to significantly improve the comfort of the wearer and enable riders to use less energy to regulate their body temperature, the manufacturer explains.Oakley Bioracer launch G+ cycling jersey graphene based products

Fabrics treated with G+ are also electrostatic and bacteriostatic. These properties contribute to moisture management and have an anti-odour effect, and, if placed on the outside of the garment, G+ is said to reduce the friction with air and water to facilitate top sporting performance. In addition, Directa Plus’ production process is chemical-free, and its graphene-based products have been independently certified as non-toxic and non-cytotoxic.Oakley Bioracer launch G+ cycling jersey graphene based products

“We are honoured that Oakley and Bioracer have launched the G+ Aero Jersey incorporating our Graphene Plus, which follows extensive lab and road testing. It is a significant endorsement of the strengths of our offer and, in particular, the thermal regulation abilities of our G+ planar thermal circuit,” said Giulio Cesareo, CEO of Directa Plus.Oakley Bioracer launch G+ cycling jersey graphene based products

Oakley Bioracer launch G+ cycling jersey graphene based products

“Sportswear represents a substantial potential market for our G+ and we’re delighted to have added cycling clothing to our portfolio of G+-enhanced textiles for sport, which includes skiing, golf and athleisure. We congratulate Oakley and Bioracer on this launch – a first of its kind cycling garment – and look forward to expanding our relationship with them.”

Directa Plus is one of the largest producers and suppliers of graphene-based products for use in consumer and industrial markets. Established in 2005, the company has a patented technology process and a portfolio of product and application patents. It produces its graphene-based products at its own factory in Lomazzo, Italy, with a scalable and exportable manufacturing model.

Loop Industries world first integrated upcycling process PET

Loop Industries introduces world’s first integrated upcycling process for PET   Loop Industries world first integrated upcycling process PET 

by: Rick Lingle
Packaging SustainabilityRecyclingMaterials

Loop Industries world first integrated upcycling process PET

As the next step in commercializing its Generation II technology, Loop Industries, Inc. (Terrebonne, Quebec) is designing a fully integrated manufacturing facility to upcycle waste PET and polyester fiber into virgin-quality Loop PET resin and polyester fiber. Loop is in the process of engaging engineering partners to complete the integrated design.

“A fully integrated start-to-finish process will soon exist to commercialize Loop’s innovative Generation II technology and help tackle the global plastic crisis,” says Daniel Solomita, CEO and Founder of Loop. “These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality.”Loop Industries world first integrated upcycling process PET

Like many manufacturers, your shop floor operations may be challenged with inefficient processes, unpredictable downtime, and difficulties with machinery maintenance. A manufacturing execution system (MES) can help make the most of your shop floor’s capabilities, with tools that can identify under-performing and high-performance machines, and then optimize asset utilization accordingly.Loop Industries world first integrated upcycling process PET  

This integrated innovation will join Loop’s proprietary depolymerization technology with advanced PET production processes, allowing plastic waste to be utilized as feedstock to produce Loop PET resin and facilitate the transition to a circular economy. The technology will take waste PET and polyester fiber that can include PET plastic bottles and packaging of any color, transparency or condition, and carpet and other polyester textiles that may contain colors, dyes or additives and separate the PET from all contaminants to produce virgin quality FDA-approved food-safe Loop PET resin and polyester fiber.

PLASTEC Minneapolis 2018 held October 31-November 1 is part of the Midwest’s largest advanced design and manufacturing event that also includes MinnPack brings you the latest in materials and additives, injection molding, rapid prototyping, coatings, automation, packaging and more. For details, visit PLASTEC Minneapolis.

This decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks of monomers that are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging.

Strategic locations

“To encourage more recycling at the community level and reduce climate causing emissions, Loop facilities are planned to be optimally located adjacent to large population centers where ample feedstock can be found,” states Solomita.

This integrated manufacturing design will be the basis for Loop’s commercialization strategy, which is now the company’s focus in order to capitalize on its technology and respond to the demands of consumers, governments, non-governmental organizations and brand owners who have committed to ambitious sustainability targets.

Loop PQLoop Industries’ chief growth officer Nelson Switzer tells PlasticsToday, “we’re currently working with and in discussion with leading engineering firms to assist with some or many of the steps in the development of a chemical facility from basic engineering through to construction. We have not announced a completion date for selecting all partners.”Loop Industries world first integrated upcycling process PET  

The source for the materials include are a variety of organizations and provider types from whom we source material and will continue to do so for the foreseeable future, according to Switzer. “Examples are Municipal Recycling Facilities (MRFs) reclaimers, recyclers, processors, environmental services companies, manufacturers and more.

“Potential customers of Loop resin and polyester fiber include all users of PET resin and polyester fiber,” he notes. “For instance, these include water bottlers, textile and clothing manufacturers, consumer goods companies that package food, discretionary and cosmetic products and more.  The list is quite extensive.”Loop Industries world first integrated upcycling process PET  

Related Topics

-Loop Industries announces world’s first integrated waste to Loop™ PET resin manufacturing technology – Loop Industries waste Loop™ PET resin manufacturing technology

ALPLA FROMM cooperate PET recycling Texplast PET bottles

ALPLA and FROMM cooperate in PET recycling   ALPLA FROMM cooperate PET recycling Texplast PET bottles

ALPLA FROMM cooperate PET recycling Texplast PET bottlesThe recycling plant Texplast GmbH is a wholly owned subsidiary of FROMM Plastics GmbH.

Collaboration in the German market enables complete recycling of PET plastics

– ALPLA, the Austrian packaging solutions specialist, and FROMM (Switzerland) have agreed on a collaboration in relation to PET recycling. Both companies operate recycling plants for PET bottles, thus ensuring the necessary supply of materials for their own production facilities.ALPLA FROMM cooperate PET recycling Texplast PET bottles

The goal of the collaboration between ALPLA and FROMM is the further optimisation of the already high recycling rates for PET as well as a significant reduction in CO2 emissions through saved transport. There are also further benefits for the partners, such as simplified access to markets in the respective countries.

‘The requirements at our production sites complement one another very well. At ALPLA, we mainly need clear, food-grade pellets. Fromm processes coloured flakes for the strapping bands,’ explains Georg Lässer, Head of Corporate Recycling Services at ALPLA. ‘The collaboration between our recycling facilities will ensure the necessary quantity and quality of materials for production for both sides.’ALPLA FROMM cooperate PET recycling Texplast PET bottles

‘The three recycling plants are integrated in various procurement markets and complement one another ideally in the procurement of raw materials,’ highlights Reinhard Fromm, owner of the family-run FROMM Group.ALPLA FROMM cooperate PET recycling Texplast PET bottles

Partners with complementary interests

The PET Recycling Team plants in Wöllersdorf (Austria) and Radomsko (Poland) are part of the ALPLA Group. These recycling facilities have an annual capacity of approximately 45,000 tonnes of food-grade rPET produced from post-consumer materials.

The PET recycling company Texplast in Wolfen (Germany) has been a subsidiary of FROMM Plastics GmbH since 2004. Texplast produces PET pellets and PET flakes. FROMM uses these for its own production of strapping bands and also supplies manufacturers of beverage bottles, thermoforming sheets and fibres.

The contract partners have agreed not to disclose the details of the cooperation. Further possibilities to extend the cooperation are to be explored.

More information: www.alpla.com, www.fromm-pack.com, www.texplast.de

About ALPLA:
ALPLA is one of the leading companies involved in plastic packaging. Around 19,300 employees worldwide produce custom-made packaging systems, bottles, closures and moulded parts at 176 sites across 45 countries. The high-quality packaging is used in a wide range of areas, including for food and drinks, cosmetics and care products, household detergents, washing and cleaning agents, engine oils and lubricants. ALPLA operates its own recycling plants: PET Recycling Team with two sites in Austria and Poland, and in the form of joint ventures in Mexico and Germany. ALPLA celebrated its 60th anniversary in 2015.ALPLA FROMM cooperate PET recycling Texplast PET bottles

About FROMM and Texplast:
The FROMM Group is a leading global company producing load securement systems for the transportation of goods and has over 70 years of history. Over 1,200 employees develop, produce and distribute tailored packaging solutions for customers with around 40 companies across six continents. FROMM has production sites in Italy, Germany, USA, Thailand, Chile and Slovakia.
Texplast GmbH is a wholly owned subsidiary of FROMM Plastics GmbH in Kölleda. The company has almost 100 employees and, with an input capacity of over 50,000 tonnes of bottles per year, is one of the leading recyclers of rPET in Western Europe, in particular for used beverage bottles. Texplast produces flakes for applications in the plastics industry as well as pellets for the production of food packaging. FROMM specialises in strapping bands, air cushion packaging and stretch film, as well as the corresponding machinery and equipment.ALPLA FROMM cooperate PET recycling Texplast PET bottles

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Good supply used PET bottles Germany PET recyclers

Good supply of used PET bottles in Germany   Good supply used PET bottles Germany PET recyclers

Good supply used PET bottles Germany PET recyclers

There are no PET recyclers in Germany having a hard time sourcing material at the moment. A few were only accepting amounts under contract in June and were either turning away extra volumes or using the opportunity to cut prices, and were either turning away extra volumes or using the opportunity to cut prices, citing excellent supply with large amounts of mixed bales on offer. Recyclers had very high stocks across the board. Demand from Europe was helping to ease matters a little, though, EUWID sources said.

Flake and regranulate sales remain very healthy, not least thanks to jumps in the primary PET price on the spot market. Preform manufacturers were also buying much more regranulate, insiders added. Recyclers managed to raise prices slightly for both flakes and regranulate.

The full report on the German PET bottle market including the table with price changes appears in the new issue of EUWID Recycling and Waste Management on  11 July 2018. Online subscribers can already access the text here:

Post-Consumer PET Bottles Germany

Related Topics

-Closed Loop PET Bottle Recycling Demonstrations from AMUT & EREMA – AMUT and EREMA are inviting guests to watch washed post-consumer PET bottle flakes being recycled in a closed material loop process from 28 to 31 May 2018 at the AMUT headquarters in Novara, Italu – Closed Loop PET Bottle Recycling AMUT & EREMA

Faurecia take control 100% Parrot Automotive

Faurecia to take control of 100% of Parrot Automotive   Faurecia take control 100% Parrot Automotive

Nanterre (France)

Faurecia take control 100% Parrot AutomotiveFaurecia and Parrot have finalized a proposal concerning the take-over of 100% of Parrot Automotive by Faurecia, ahead of schedule.

This transaction underlines the importance of Parrot Automotive in Faurecia’s Cockpit of the Future strategy. It would accelerate the development of infotainment solutions based on the Android operating system by Parrot Automotive and the development of an open platform integrating the different connected systems and functionalities of the vehicle interior. This will facilitate the introduction of innovative and differentiating user experiences such as for postural and thermal comfort, immersive sound experience and new HMI solutions.

The transaction would be based on an enterprise value of € 100 million, identical to that used when Faurecia entered into the capital of Parrot Automotive in 2017.

This project is subject to consultation of the Parrot Automotive and Parrot SA Works Councils and to the agreement of the antitrust authorities. It would be closed during the third quarter of 2018.Faurecia take control 100% Parrot Automotive

ContactsMedia
Eric Fohlen-Weill
Directeur de la Communication
Tel : +33 (0) 1 72 36 72
Eric.fohlen-weill@faurecia.com
Analystes/Investisseurs
Marc Maillet
Vice-président Relations investisseurs
Tel : +33 (0)1 72 36 75 70
marc.maillet@faurecia.com

About Faurecia
Founded in 1997, Faurecia has grown to become a major player in the global automotive industry. With 290 sites including 30 R&D centers and 109,000 employees in 35 countries, Faurecia is now a global leader in its three areas of business: automotive seating, interior systems and clean mobility.Faurecia take control 100% Parrot Automotive

Faurecia has focused its technology strategy on providing solutions for smart life on board and sustainable mobility.  In 2017, the Group posted total sales of €20.2 billion and value-added sales of €17.0 billion. Faurecia is listed on the Euronext Paris stock exchange and is a component of the CAC Next 20 index. For more information, please visit www.faurecia.com

Global automotive industry additive manufacturing market

Global automotive additive manufacturing market projected to be valued at $5.3 billion by 2023   Global automotive industry additive manufacturing market 

By: Stephen Moore
Automotive and Mobility

Global automotive industry additive manufacturing market Industry analyst firm SmarTech Publishing has issued a new report that examines the current market for automotive additive manufacturing (AM) market including prototyping and tooling applications while focusing specifically on production of final parts. In the new report, SmarTech expects the overall automotive additive manufacturing market to reach $5.3 billion in revenues in 2023 and then grow to an impressive $12.4 billion by 2028.

Automotive industry stakeholders worldwide are now racing toward full industrialization and integration of the AM process within their end-to-end production workflow, beginning with software and materials, passing through the actual AM hardware, and ending with services and a growing number of possible applications. 3D printing is thus well positioned to expand its use as the primary technology for automotive prototyping as well as tooling, while also establishing a stronger than ever opportunity for serial and mass customized part production.

The company’s third dedicated study of automotive AM expands coverage to consider the greater long term potential for additive manufacturing as a key production technology for the massive global automotive industry, paving the way to widespread adoption of both metal and polymer AM technologies. This comprehensive report includes:

Like many manufacturers, your shop floor operations may be challenged with inefficient processes, unpredictable downtime, and difficulties with machinery maintenance. A manufacturing execution system (MES) can help make the most of your shop floor’s capabilities, with tools that can identify under-performing and high-performance machines, and then optimize asset utilization accordingly.Global automotive industry additive manufacturing market

  • Ten-year 3D printing opportunity and market data forecasts in volume and value terms for automotive additive manufacturing. These cover hardware, materials, software, services and overall printed parts value.
  • Expanded market data to include key metrics at a country level, better capturing the regional attitudes towards introducing AM in the production workflow for prototyping, tooling and final parts.Global automotive industry additive manufacturing market
  • Complete lists and descriptions of key AM hardware and AM materials (both polymer and metal alloys) used in automotive AM, including upcoming production-ready technologies.Global automotive industry additive manufacturing market
  • Complete analysis of software used in the end-to-end automotive production cycle, in light of recent advanced in generative design software and PLM software solutions.Global automotive industry additive manufacturing market
  • The latest trailing twenty-four months activity and competitive analysis to reflect the rapidly evolving landscape in which major automakers, automotive tier 1 and tier 2 suppliers and “application agnostic” 3D printing service are finding new cost-effective solutions through AM adoption.
  • Complete and detailed analysis and forecast of the potential for final parts production through AMGlobal automotive industry additive manufacturing market

Global automotive industry additive manufacturing market

Related Topics

-Faurecia to set up new interiors plant – Faurecia, a leading automotive technology company, is expanding its presence in India with a new interiors plant in Anantapur district – Faurecia interiors plant automotive

-Faurecia and FAW Group ink cockpit and sustainable mobility agreement – Faurecia FAW Group sustainable mobility agreement

Bad Iran Oil Situation Crude Oil prices 

  How Bad Is Iran’s Oil Situation?  Bad Iran Oil Situation Crude Oil prices 

Source : Bad Iran Oil Situation Crude Oil prices 

Bad Iran Oil Situation Crude Oil prices 

The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating.

Oil prices spiked in late June when a U.S. State Department official said that countries would be expected to cut their imports of oil from Iran down to “zero.” The official also suggested that it would be unlikely that the Trump administration would grant any waivers.

This hard line stance fueled a rally in oil prices as the oil market was quickly forced to recalibrate expected losses from Iran, with a general consensus changing from a loss of around 500,000 bpd by the end of the year, to something more like 1 million barrels per day (mb/d), or even as high as 2.0 to 2.5 mb/d in a worst-case scenario in which all countries comply.

A loss of that magnitude would be hard to offset, even if Saudi Arabia decides to burn through all of its spare capacity.

That led to a dialing back of the rhetoric from the Trump administration, or so it seemed. A follow-up statement from the State Department suggested that the U.S. government would work with countries on a “case-by-case basis” to lower Iranian oil imports. High oil prices seemed to put pressure on Washington.

But for now, there is no policy shift. “I think there’s going to be very few waivers. That’s what we’re hearing all the time from officials across the administration. I think it’s a very strong policy decision,” Brenda Shaffer, an adjunct professor at Georgetown’s School of Foreign Service, told Oilprice.com.

Time will tell, but early evidence suggests that the Trump administration is having success convincing top buyers of Iranian crude to curtail their purchases.

South Korea reportedly plans on zeroing out its imports of oil from Iran in August, according to Reuters. Sources told Reuters that Japan plans on buying oil from Iran for the next few months, but will likely come under pressure to cut imports as the November deadline approaches.

Iran managed to keep exports from being adversely affected in June, with volumes mostly unchanged, although higher condensate exports offset a decline in crude oil exports, according to S&P Global Platts. Export flows to Europe fell sharply as European refiners cut back, which is significant since Europe accounts for about a third of Iranian sales. South Korea, Japan and Taiwan bought more Iranian oil in June, offsetting the decline to Europe. But, as mentioned before, South Korea plans on eliminating those purchases later this summer.

The real battle will be convincing India and China to play along. India has reportedlyadvised its domestic refiners to prepare for a “drastic reduction or zero” imports from Iran. China, for now, remains in defiance of U.S. demands, and Beijing doesn’t recognize U.S. sanctions on Iran.

The European Union, which still hopes to keep alive the nuclear deal with Iran, had initially hoped to shield Iran from the worst effects of U.S. sanctions. The foreign ministers of the UK, China, France, Germany and Russia held talks on July 6 with Iran’s foreign minister in an effort to keep the nuclear accord alive. But that will only be possible if Iran can receive the benefits of the deal, which includes exporting oil. The group of world powers hope to put together an economic package that helps Iran enough to keep Iran in compliance with the nuclear deal.

But it will be a difficult task since European companies are walking away from Iran even as their governments insist they will support their investments. “What I hear from oil and gas companies, no one is taking a risk from being cut off from the U.S. financial market. So I think there’s a really big gap between what foreign governments are saying and what companies are saying,” Brenda Shaffer of Georgetown’s School of Foreign Service said. She cited the case of Total SA, the French oil giant that pulled out of Iran despite assurances from European governments that they would be protected from U.S. sanctions.

All of that is to say that by all accounts, a significant chunk of Iranian oil exports will be interrupted over the second half of this year. The economic pain will add even more pressure on a government that is already struggling with an increasingly restive populace.

One other thing to keep an eye on are the protests underway in Iran. “The demonstrations taking place in Iran are very very serious, and many of them right now are focused in the oil producing areas. Over the weekend there were incredible demonstrations in Abadan, which is like the heartland of Iranian oil production,” she said. “So we might have two things going on, which is not just the limitations on the exports, but they might have some serious production problems if these demonstrations continue to escalate. I think that is something that is completely realistic.” Bad Iran Oil Situation Crude Oil prices 

Either way, as oil exports start to feel the pinch, Iran’s back could be against the wall. Iranian officials said this week that they might block the Strait of Hormuz if their oil exports are blocked. “Around 17 million barrels per day or 35 percent of all seaborne oil exports pass through the strategic waterway and, needless to say, such a move would propel oil prices well into triple figures,” Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note.

“A blockade of this transport route would thus have dramatic consequences for global oil supply and an impact on prices that is almost impossible to put into figures,” Commerzbank wrote in a note.

Iran has threatened this before and the recent statements are likely a bit of bluster. Such a drastic move would not only provoke a response, likely from the U.S. Navy, but it would also be self-defeating since much of Iran’s trade also goes through the Strait. “The country that would suffer the most from the Strait of Hormuz being cut off would be Iran. It’s a muted threat. Because it’s like ‘I’m going to threaten my trade if you don’t allow my trade,’” Shaffer said.

By Nick Cunningham of Oilprice.com

Related Topics

-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

-Iran says Trump’s oil ban on Iran is ‘self harm’ — SHANA   Iran says Trump oil ban Iran self harm 

Italy joint-venture Indorama Clivati closed Ottana plant

Italy – The joint-venture between Indorama and Clivati closed the plant last year by firing the 60 employees – Ottana Polimeri workers write to the Minister of Labor Di Maio  Italy joint-venture Indorama Clivati closed Ottana plant
The joint venture between Indorama and Clivati closed the plant last year by firing the 60 employees, who now turn to the Minister of Labor.
———————————————————————————————————————————————————————————————————-

I lavoratori di Ottana Polimeri scrivono a Di Maio

La joint-venture tra Indorama e Clivati ha chiuso l’impianto l’anno scorso licenziando i 60 addetti, che ora si rivolgono al Ministro del lavoro.

Source : Polimerica

Italy joint-venture Indorama Clivati closed Ottana plantRiceviamo e pubblichiamo integralmente la lettera pubblica inviata dai lavoratori di Ottana Polimeri al Ministro del Lavoro e dello Sviluppo economico Luigi Di Maio dove ripercorrono la storia dell’azienda e chiedono di aprire un tavolo al Ministero con i vertici dell’azienda. 
I firmatari ci hanno inviato la missiva, chiedendo di pubblicarla. “E’ un appello al ministro, ma anche una richiesta affinché l’Italia torni ad essere protagonista nel mercato del PET, riavviando l’unico impianto presente in Italia per la produzione di questo bene”, scrivono nella loro richiesta.

Ill.mo Ministro del Lavoro e dello Sviluppo Economico Dott. Luigi Di Maio

Chi le scrive sono i lavoratori ex Ottana Polimeri, per sottoporle la situazione e la vertenza che ci vede espulsi dalla nostra fabbrica dal Settembre 2017. Nel 2015 inviammo una lettera aperta al Presidente Renzi, rimasta lettera morta, senza alcun riscontro.

Ottana Polimeri è l’ultima società in ordine di tempo di ciò che fu la chimica di Stato a Ottana; il nostro impianto è nato negli anni 70’ sotto il controllo dell’ENI e negli anni 90′ ha conosciuto una ”selvaggia” privatizzazione, operando uno “spezzatino” degli impianti e delle produzioni, ceduti a diverse società ; La produzione del PET è uscita sempre indenne da chiusure e delocalizzazioni, tanto che fino al 2014 era l’unico impianto di produzione del PET in Italia e lo è tutt’ora.

Il PET è la materia prima delle bottiglie di plastica principalmente usate per l’acqua minerale e contenitori alimentari; una produzione che in tutta Europa è crescente, florida e in continua espansione. Per circa 18 anni e fino al 2010 il nostro impianto è stato di proprietà della multinazionale Dow Chemical Company, che lo ha ammodernato, anche grazie a 100milioni di euro di cui 36mil di fondi pubblici, e reso alla massima capacità produttiva.

Nel 2010 a causa degli alti costi energetici nel sito industriale di Ottana, la multinazionale Dow è andata via da Ottana, cedendo gli impianti proprio al gestore della centrale termoelettrica Paolo Clivati in joint-ventures con la multinazionale thailandese Indorama, attiva anch’essa nel mercato del PET. Da allora nel giro di 4 anni gli impianti hanno prodotto alla massima capacità (180.000 tonn.); dal 2012 è invece iniziata la cassa integrazione per crisi aziendale ed infine la fermata definitiva degli impianti. Dal 2014 non abbiamo più notizie di Indorama, che nel frattempo ha continuato la propria espansione in Europa (Spagna, Portogallo, Olanda, Polonia, Lituania) e in Medio Oriente (Turchia, Egitto).

Inutile dire che in questi 4 anni noi operai abbiamo sensibilizzato in tutti modi la politica Regionale e Nazionale, perché fossero convocati urgentemente Indorama e Clivati ad un tavolo tecnico per sapere che fine avrebbero fatto gli impianti e la loro possibilità di riavvio; tutto questo fino a Settembre 2017, infine hanno definitivamente chiuso la partita licenziando tutti gli operai, ma non mettendo in vendita gli impianti, quindi non concedendo a nessuna altra azienda di rilevarli.

Siamo quindi a chiederle, Egr. Sig. Ministro, di prendere in mano la situazione. Qui siamo di fronte alla più squallida e miserabile delocalizzazione, fatta sulla pelle di 400 famiglie da un gruppo industriale che ha distrutto e devastato il lavoro in una intera area , tutto questo però dopo aver preso milioni e milioni di soldi pubblici. Ci rivolgiamo a Lei, affinché convochi d’urgenza il gruppo Indorama-Clivati affinchè si trovi una soluzione dignitosa.

I nostri impianti di Ottana, come già detto sono nuovi di zecca, costruiti e revampati nel 2007, con le migliori tecnologie e maestranze altamente qualificate presenti sul territorio nazionale. Tecnici in larga parte giovani, preparati e professionali. Lei signor Ministro deve scongiurare ciò che ogni giorno sembra avvicinarsi, e cioè la rottamazione di un impianto efficiente e finanziato dalla collettività. O il loro trasferimento o vendita in altri siti industriali, magari dello stesso gruppo Clivati/indorama.

Vorremmo ricordare che la cessione degli impianti da parte della multinazionale Dow Chemical è avvenuta sostanzialmente a costo zero per gli attuali proprietari.

Essendo il nostro l’unico impianto in Italia per la produzione PET, in una zona (il centro Sardegna), ormai completamente deindustrializzata e in ginocchio, tale patrimonio può essere considerato strategico per l’Italia e messa sotto tutela dal suo Ministero. Il nostro territorio ha infatti perso oltre 3.500 posti di lavoro nella chimica, 1.500 nel tessile e tanti altri nelle manutenzioni e servizi.

Il giusto e forte impegno del Governo, delle Regioni e della politica per Alcoa, per Ilva e varie, in nome della strategicità nazionale delle produzioni di Alluminio ed Acciaio non vale per il PET? I paesi dove Indorama si è insediata hanno messo il tappetino rosso per l’arrivo di investimenti e la difesa dei posti di lavoro.

I lavoratori non chiedono elemosine o assistenza, chiedono un impegno forte e serio per creare le condizioni di un rilancio dell’industria ad Ottana, che sia con le produzioni tradizionali (che comunque hanno un grande mercato) o con quelle verdi o bio che si voglia (che comunque vanno in miscela con il PET) poco importa. Questo territorio ha bisogno non di tamponi, ma di uno sviluppo robusto, di veri posti di lavoro, non solo di cantieri temporanei (che sono comunque i benvenuti).

Quello che Le vorremmo chiedere è l’impegno a portare rapidamente ad un tavolo governativo la multinazionale Indorama, per verificare le necessità e le possibili condizioni di una ripartenza degli impianti. Se Indorama dovesse manifestare la volontà di non riprendere le produzioni, Le chiediamo di ricercare subito soluzioni alternative, a partire dai soggetti industriali italiani (Eni per prima), chiedendo agli attuali gestori di cedere gli impianti alle stesse condizioni a cui li hanno ricevuti.

Le chiediamo di agire subito, il prima possibile, e di dare un riscontro chiaro e inequivocabile del suo interessamento a noi e alle nostre famiglie. La fine del nostro ammortizzatore è purtroppo vicina…

© Polimerica –  Riproduzione riservata

Related Topics

-IVL, Dhunseri form joint venture to acquire Egypt PET plant – Indorama Ventures Public Co Ltd (IVL) and India’s Dhunseri Petrochem have teamed up to acquire and restart a 540,000 tonne/year polyethylene terephthalate (PET) facility in Egypt – IVL Dhunseri joint venture Egypt PET plant

EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox-Cristal Merger   EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox-Cristal Merger (c)

The EU Commission has approved Tronox’s proposed acquisition of competitor Cristal, subject to the US titanium dioxide producer selling its business for the pigment used in paper laminate.

The Commission had issued a statement of objections in March to the $2.4 billion acquisition of the Saudi Arabian company.EU Approves Tronox Cristal Merger USA titanium dioxide

In order to overcome the competition concerns, Tronox has offered to sell its global business comprising the required technology and other intangibles to “an experienced manufacturer with chloride-based production technology active in the European Economic Area”.

Tronox currently supplies the paper-laminate TiO2 grade to European customers from its facility in Botlek, the Netherlands. The company added that it is “working expeditiously” to submit to the Commission a definitive agreement with another party for the divestment.

Without the sale, the Commission said the merger would have significantly reduced competition in Europe for chloride-based TiO2 used in paper laminate. It did not, however, have concerns about the pigment’s use in other products, particularly in paints and plastics. Similarly, the Commission found no competition concerns relating to TiO2 feedstocks, as neither company is a major supplier to third parties.

Approvals for the takeover have already been received in Australia, China, New Zealand, Turkey, South Korea, Colombia and Saudi Arabia. However, the US Federal Trade Commission (FTC) has yet to clear the deal. Tronox filed suit against the FTC in January 2018, alleging the agency is using delaying tactics to block the acquisition, which was first announced in February 2017.

Related Topics

-NGOs urge restriction proposal on titanium dioxide consumer articles – NGOs titanium dioxide consumer

German specialty chemical Evonik cut 1,000 jobs globally 2020

Evonik to cut 1,000 jobs globally by 2020   German specialty chemical Evonik cut 1,000 jobs globally 2020

The target, Essen, Germany-based Evonik said, is to reduce costs by 200 million euros by the end of 2020, with about two-thirds of the cost savings coming from administration and a third coming from sales functions.

by Canadian Plastics

German specialty chemical Evonik cut 1,000 jobs globally 2020In what it calls an attempt to “reduce bureaucracy, streamline processes, and cut administrative and selling expenses,” German specialty chemical maker Evonik AG has announced plans to cut up to 1,000 jobs globally by 2020.

The target, Essen, Germany-based Evonik said in a June 27 statement, is to reduce costs by 200 million euros (US$231 million) by the end of 2020. About two-thirds of the cost savings will come from administration and a third will come from sales functions.German specialty chemical Evonik cut 1,000 jobs globally 2020

“Our goal is to build a best-in-class specialty chemicals company,” Christian Kullmann, chairman of Evonik’s Board of Management, said in the statement. “To get there we need three things: a balanced portfolio, leading innovative capability, and a new, performance-oriented corporate culture. To this end, we are now making a big step forward on the cost side. We want to accelerate decision-making and strengthen cost-awareness.”

The company said the jobs to be eliminated will be in administration and sales positions and will help it towards achieving a “performance-oriented” corporate culture and a “healthy cost structure.” German specialty chemical Evonik cut 1,000 jobs globally 2020

“The first 50 million euros of these permanent savings will be achieved this year and will mainly comprise material costs,” the statement added. “To realize the remaining 150 million euros, a detailed analysis of all administrative support functions was carried out in recent months. Management and employee representatives have agreed to implement the process in a socially acceptable manner.German specialty chemical Evonik cut 1,000 jobs globally 2020

The agreement that rules out business-related dismissals for employees in Germany has been extended until mid-2023. [We] will also be using natural fluctuation to reduce the number of jobs in administration and sales worldwide. Vacant positions will be examined to see whether it is necessary to fill them.”

Related Topics

-Evonik invests in expanded production at Birmingham, Alabama site – Evonik’s Birmingham Site Evonik Industries AG (Essen, Germany; www.evonik.com) has invested more than $50 million over the last 4 years in its Birmingham, Ala., Health Care facility to boosts its capabilities around biodegradable polymers and parenteral medicine – Evonik production Birmingham Alabama

Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions,a elastomeric knitted textiles, presents sustainable fabrics collection   Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions presents sustainable fabrics collectionPenn Textile Solutions, a leading producer of in elastomeric knitted textiles, located in Paderborn, Germany, and Penn Italia will introduce Ecoinnovation sustainable products range at this month’s Interfilière Paris, which opens its doors tomorrow.

The must-see products are created using Roica premium stretch yarn from Asahi Kasei, which has Cradle to Cradle Certified Gold level for Material Health and Hohenstein Environment Compatibility Certificate for breaking down without releasing harmful substances.Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions and Penn Italia, a fully integrated international-minded company with over 50 years’ expertise in producing innovative warp and weft knit textiles, chose Roica premium stretch fibre to create its new sustainable range of advanced textiles.

“Roica, produced by Asahi Kasei, is the secret premium stretch ingredient we used to provide comfort, enhance quality and confidence. Thus, making stretch performance a specialty fibre that generates new values for contemporary consumers,” the company explains.Penn Textile Solutions presents sustainable fabrics collection

“Ecoinnovation presents seven unique articles developed belonging to Penn Textile Solutions and Penn Italia’s family dream shape, characterised by reinforced edges and seizing that includes the following recycled items; tulle, tulle galloons with dreamshape reinforced edge, tricot, dreamshape reinforced gripping edge (great for cycling shorts), stretch satin, polyester tulle and polyester double jersey perfect for laser cutting.”

Ecoinnovation collection includes Roica Eco-Smart family premium stretch yarn, evaluated throughout the supply chain for lower impact on human and environmental health.

The range also features Reco Nylon – a Nylon 6 yarn made from pre-consumer waste. “Nurel recycles the discarded nylon material diverting it from the waste stream during our manufacturing process and converts it into Reco Nylon yarn,” the company adds.

“We proudly boast an impressive savings of CO2 emissions: every 1.000kg of Reco Nylon reduces atmospheric CO2 emissions by 1.424kg.”Penn Textile Solutions presents sustainable fabrics collection

RadiciGroup company Noyfil SpA offers r-Radyarn, a range of recycled products that use fully recycled polyester yarn r–Starlight, produced as POY by its sister company Noyfil SA in Switzerland.Penn Textile Solutions presents sustainable fabrics collection

A continuous polyester filament derived from post-consumer recycled polymers is eco-compatible with certified Oeko-Tex Std 100 Class 1 additives and colours used for the solution dyeing process.Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions and Penn Italia’s fabric innovations will be also presented at Roica booth. Cosabella brand selected two of Penn Textile Solutions and Penn Italia’s materials with Roica to design lingerie. The brand’s range features light camouflage lace effect fabric with Roica Colour Perfect family and Flounce of Tulle with Roica Eco-Smart family with reinforced sides and fewer stitches to enhance comfort.

www.penn-ts.com

Startup turns sugarcane ecostraws 100% Plants technology

Start-up turns sugarcane into eco-straws  Startup turns sugarcane ecostraws 100% Plants technology

USEFUL WASTE:More than 20 Chinese companies have tried to buy 100% Plants’ technology, but it values being a Taiwanese company, the start-up founder said

By Chen Feng-li and Jake Chung  /  Staff reporter, with staff writer
Startup turns sugarcane ecostraws 100% Plants technology

Biodegradable straws of various sizes made from sugarcane by-products are displayed in Nantou County on Wednesday, together with a bottle of the raw material used to make the straws.

Photo: Chen Feng-li, Taipei Times

Taiwanese start-up 100% Plants turns sugarcane byproducts into polymer raw materials that are used to make biodegradable straws, potentially opening new avenues for research into sustainable alternatives for plastic.Startup turns sugarcane ecostraws 100% Plants technology

Simple chemical aggregation methods would be sufficient to render sugarcane by-products, or bagasse, into polymer raw materials, which could be used to manufacture biodegradable straws, 100% Plants founder Huang Chien-chung (黃千鐘) said on Friday.

Developing the processes was not without its challenges.

The first factory that they collaborated with complained that the materials were “unusable,” Huang said, adding that solutions necessitated modifying the factory’s machines.Startup turns sugarcane ecostraws 100% Plants technology

After calibrations and tests, a product was produced that would not crack or splinter, even when subjected to temperatures of minus-20°C, Huang said.

The company is collaborating with National Taiwan Ocean University to determine the product’s rate of degradation when submerged in ocean water or in fish stomach acid, he said.Startup turns sugarcane ecostraws 100% Plants technology

“We hope that the test results will prove that our product is environmentally friendly,” Huang said.Startup turns sugarcane ecostraws 100% Plants technology

The Rural Development Foundation fully supports the start-up’s idea, foundation president Hsieh Chih-cheng (謝志誠) said, adding that using what would otherwise be considered agricultural waste as a substitute for polyethylene is practical and eco-friendly.

The start-up is researching using discarded bamboo to manufacture one-time utensils, with a prototype undergoing tests in the US and Australia, he said.

The company’s efforts have attracted the attention of several French tourist destinations, as France’s Energy Transition for Green Growth Act intends to ban plastic plates, cups and utensils by 2020, he added.Startup turns sugarcane ecostraws 100% Plants technology

The start-up is in talks with the localities regarding the possibility of turning grape bagasse and barley pulp into useful products, Huang said.

The start-up has refused offers from more than 20 Chinese companies over the past two months wishing to buy its technology, he said.

“We do want to make money, but we give an even higher priority to working with the international community as a Taiwanese company,” Huang added.

Related Topics

-Biodegradable plastic developed from ‘tree glue’  Biodegradable plastic developed tree glue lignin useful chemicals

-New route to synthesize bioplastics developed – While preparing oligoesters as part of regular experiments, researchers observed formation of a viscous solution which was behaving very similar to molecular self-assembly: disordered molecules were adopting a defined structure on their own – Route synthesize bioplastics

US China trade war US energy agricultural plastics firms tariffs

US-China trade war: US energy, agricultural and plastics firms gird for next round of tariffs US China trade war US energy agricultural plastics firms tariffs

US China trade war US energy agricultural plastics firms tariffs
An oil well in North Dakota, US, where energy, agricultural and chemicals companies in the country are ready for a summer standoff over trade as Washington imposes the next round of tariffs on Chinese goods.PHOTO: AFP

HOUSTON/CHICAGO (REUTERS) – US energy, agricultural and chemicals companies are girding for a summer standoff over trade as a trade war between the world’s two largest economies officially began Friday (July 6).

The Donald Trump administration followed through with its threat to impose tariffs on US$34 billion worth of Chinese products, a significant escalation of a fight that could hurt companies and consumers in both the United States and China, despite industry lobbying efforts.US China trade war US energy agricultural plastics firms tariffs

Earlier this year, the United States levied tariffs on steel and aluminum from China and elsewhere.US China trade war US energy agricultural plastics firms tariffs

Lobbying efforts are now focused on convincing President Donald Trump to not put tariffs on a second list of mainly energy, plastics and chemicals worth about US$16 billion, said industry officials.

China has vowed to respond to any new tariffs, threatening to further escalate the trade conflict between the world’s two largest economies.

The American Petroleum Institute, which represents oil and gas producers, backed a bill that would have Congress vet future tariffs proposed on national security grounds. The bill has stalled in the Senate.US China trade war US energy agricultural plastics firms tariffs

“We’ve had meetings with members of Congress to press the issue,” said Lee Fuller, a vice president at oil and gas trade group Independent Petroleum Association of America. It is requesting the administration “look at better alternatives than they have so far.”

The IPAA favours granting more tariff exclusions to products not typically made in the United States, including certain specialty steel used in oil drilling.

China’s list of goods facing retaliatory tariffs include US crude oil, plastics and chemicals, all industries that have rapidly expanded using abundant US shale oil and natural gas to drive exports to China.US China trade war US energy agricultural plastics firms tariffs

“I put millions of dollars into equipment and infrastructure on the basis of exporting a heck of a lot more to China. I’m at risk,” said Marc Levine, chief executive of Plantgistix LLC, a Texas-based plastics resin blender, packager and shipper.

If China goes a head with tariffs on US plastics, it “could have a very clear negative effect on resin producers and others here to support the huge increase in production – railroads, truckers, pallet manufacturers and ocean carriers,” Levine said.

Chinese retaliatory tariffs on US$5.4 billion worth of US chemicals goods “are direct hits” on recent production expansions, said Ed Brzytwa, director of international trade for the American Chemistry Council.US China trade war US energy agricultural plastics firms tariffs

“If those come into effect, we’ll have to close down plants and jobs will be at issue,” he said.

The ACC opposes the Trump administration’s plan to put tariffs on US$2.2 billion worth of Chinese plastics, Brzytwa said, saying: “We didn’t ask for that.”

Agriculture lobbyists have resigned themselves to tariffs from China, the largest buyer of US agriculture commodities, following the imposition of tariffs earlier this week by the European Union, Canada and Mexico.

“We’re primarily battening down the proverbial hatches … and hoping the administration will throw that Hail Mary for us,”American Soybean Association spokeswoman Wendy Brannen said.

Related Topics

-US-China trade war begins; tariffs on $34bn goods take effect   US China trade war begins tariffs goods take effect

-China tariffs could halt surging US crude oil exports to a huge growth market -Beijing on Friday announced plans to slap a 25 percent duty on U.S. crude oil in response to President Donald Trump’s decision to hit $50 billion in Chinese goods with an equivalent tariff – China tariffs USA crude oil

Sustainable Plastic Bioplastic (Com)Promise plastic waste

Sustainable Plastic Bioplastic (Com)Promise   Sustainable Plastic Bioplastic (Com)Promise plastic waste

ENVIRONMENT

Sustainable Plastic Bioplastic (Com)Promise plastic wasteIn the face of the colossal amounts of plastic waste that are currently clogging oceans, choking wildlife, and having ominous – if still unknown – effects on human health, bioplastics have risen as something of a potential solution.

But are bioplastics an innovation with potential to revolutionise plastic, making it truly sustainable, or do they run the risk of perpetuating the plastic crisis? We asked European Bioplastics about how this invention fits into the fight against plastic waste.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Green European Journal: Plastics are high on the political agenda at the moment, with the European Commission releasing its strategy on plastics earlier this year and its proposal for a new directive on single-use plastics. What are the dimensions of the plastic crisis today?

Kristy-Barbara Lange: Plastics are highly versatile materials that are used in many different sectors of modern life. The performance and suitability of the materials in many sectors and for many products — from suitcases to medical applications or outdoor jackets — are not being discussed. Short-lived products that are not correctly disposed of and end up in the environment are the focus of the discussion, principally packaging items such as sweet wrappers and bottle caps.Sustainable Plastic Bioplastic (Com)Promise plastic waste

The efforts of the Commission and also the discussion taking place with stakeholders are stamped with generalising slogans such as #banplastics. But actually we are talking about certain products and how to better design them, use them, and dispose of them. A major part of the littering reality today is created by insufficient implementation of existing waste management legislation, by a lack of waste management infrastructure, and by inappropriate disposal behaviour.Sustainable Plastic Bioplastic (Com)Promise plastic waste

The plastics strategy as well as the recently approved changes to waste legislation take this into account and focus on strengthening better waste management on land, the primary source of marine litter.

What is European Bioplastics and how does it fit into the broader plastics picture? Is there a global alliance of bioplastics organisations?

European Bioplastics (EUBP) is an industry association and represents the interests of more than 70 companies involved in the production, conversion, and use of bioplastics vis-à-vis the European institutions. We were founded as a German association in 1993, but with a growing number of members, we changed our focus of activity to Europe in 2005.

EUBP operates at EU level, but there are also several national associations across Europe.[1] As the oldest association in the bioplastics field, EUBP also has a network on the global level with associations ranging from the Australasian Bioplastics Association, to the Japan Bioplastics Association, or ANIPAC in Mexico.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Europe is mobilising around the plastics issue, yet the EU is arguably part of the problem. Europe generates 25 million tonnes of plastic waste every year, with less than 30 per cent of that recycled. Why and how is Europe both part of the solution and problem with plastics?Sustainable Plastic Bioplastic (Com)Promise plastic waste

The existence and effectiveness of waste management infrastructure and consumption habits as well as the level of implemented waste legislation varies greatly across Europe. More harmonisation with a focus on the higher ranks of the European waste hierarchy would give the EU the opportunity to set a positive example for other regions in the world to follow.Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste

Moreover, current discussions about plastics go beyond waste management and focus on dependency on fossil resources, resource efficiency and availability, climate protection, and fighting litter. The notion of the circular economy addresses many of these aspects, and by combining the principals of the bioeconomy with the infrastructure of a circular economy, [2]Europe can make sure that resources are never wasted but enter the economy as valuable secondary feedstock, helping to decouple economic growth from the depletion of our planet’s natural resources.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Bioplastics are not necessarily all biodegradable, which can be very confusing for customers. What are bioplastics, and how are they different from petroleum-based plastics in terms of their origins and life cycle?

Bioplastics – as we at EUBP define it – are derived, either fully or at least in part, from alternative, bio-based feedstock, with the trend clearly pointing towards fully bio-based materials. Performance-wise, bioplastics materials are at least as good as conventional established materials. The second property described by the term ‘bio’ in bioplastics is biodegradability, which is one end-of-life option amongst others. This property does not depend on the feedstock used but on the chemical structure of the plastic material, which means that also certain fossil-based materials can be biodegradable.Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste 

The property of a plastic material to biodegrade is valuable in a limited number of specific products and contexts, such as in food packaging, because it offers a new route for recycling. Recycling can be mechanical or organic (composting or anaerobic digestion), and both need to be supported if we want to achieve a circular economy as much as is feasible. When packaging is mixed with perished food or biowaste, [3] mechanical recycling is not an option for the plastic material. The use of compostable plastic packaging makes mixed waste suitable for organic recycling and enables the shift from recovery, meaning incineration, to organic recycling. It also increases the volume of separately collected biowaste and hence the volumes of valuable compost. Bio-waste makes up the largest fraction of municipal waste (50 per cent) and needs to be collected separately so that it can become a valuable secondary resource. Certification of biodegradable plastics for industrial compostability can help here.

However, even in the most advanced circular economy, there will always be a limited need for virgin feedstock for the production of certain plastic products, for example in the medical field or for packaging with food contact, which could probably not be made out of recyclates as these always contain a certain amount of contaminants and might not be able to fulfil the strict requirements. Using biomass to produce plastics is not only a benefit when it comes to cutting emissions, but also to be more independent from resource imports and, additionally, gives European farmers new ways to generate income with non-food by-products. So in making sure demand for virgin plastic is met through bio-based options in the future and aiming for the ultimate recyclate – a bio-based recyclate – bio-based plastics will step out from their niche at some point.

One of the criticisms of bioplastics is that they do not in any way challenge consumption habits and tackle the throw-away lifestyle. How do we deal with bioplastics at end of life?

There are lots of plastic products out there that are durable, reusable, and provide high performance, and these can equally be made out of bio-based plastics. Bioplastics are a wide range of plastics — some are used for durable products, some are mechanically recyclable, and others are organically recyclable. Depending on the product and material, the consumer should dispose of it accordingly at the end of its life – and so a clear disposal recommendation should be given on the product or related to its purchase.

Bioplastics can help to make the system — its resources, waste management — in parts better, but they are no magic trick. The short-lived convenience focus of our times needs to be tackled by awareness raising and measures challenging consumption altogether. We look to legislators to provide assessments and a framework for how to tackle this challenge.Sustainable Plastic Bioplastic (Com)Promise plastic waste

So it’s necessary to also move towards a reduction in the amount of plastic we produce and use, regardless of where it comes from and how it is treated at the end of life?

Prevention and reduction are paramount to reduce plastic waste and leakage into the environment. At the same time, investments into sound waste management infrastructure across Europe as well as comprehensive projects to increase the consumers’ knowledge of correct disposal are necessary for the transition to a circular economy.

Bioplastics are presented as a green alternative to petroleum-based plastics, but they are nevertheless synthetic polymers, the production of which has an environmental cost and CO2impact. How do bioplastics fight climate change?

Using sustainably sourced feedstock that regrows on an annual basis and takes up carbon during its growth phase from the atmosphere is a major advantage compared to conventional fossil-based plastics. Carbon is ‘stored’ within the material and the product, which functions as a carbon sink. If the resources take up a certain amount of carbon and the production process of the material is efficiently designed, the carbon footprint of the material can be neutral or even negative, although the exact data for the proportion of bioplastics managing to achieve this at the moment is not available. If a product is then made out of the material, additional emissions accrue but the carbon footprint will still be decisively lower than for fossil processes. Making use of this emissions reduction and carbon storage potential is a major reason to use bio-based feedstock.

Bioplastics have come under fire for competing for sources of food and fuel, for having a toxicity potential equal to that of some petroleum-based plastics, and for presenting a potential threat to soil degradation. How does the bioplastic industry respond to such criticisms and how can these risks be counteracted?

This debate is highly sensitive and emotionally charged because of earlier similar debates around biofuels. Resource use for bio-based plastics has therefore been closely scrutinised, and certification schemes to ensure sustainable growth and good agricultural practice have been developed and are being successfully applied, for example the International Sustainability and Carbon Certificate (ISCC plus) scheme and the Roundtable on Sustainable Biomaterials (RSB). Next to environmental concerns, social aspects such as respect for land rights and working conditions are also covered in these schemes.

The actual land used to grow crops to produce biotechnological products is very small and will not increase significantly in the next five years. In 2017, the global production capacities of bioplastics amounted to 2.05 million tonnes. Approximately 0.82 million hectares of land were needed to grow the feedstock for these capacities, less than 0.02 per cent of the 5 billion hectare global agricultural area. Metaphorically speaking, this ratio correlates to the size of an average cherry tomato next to the Eiffel Tower. Assuming continued strong growth of the bioplastics market based on the current trajectory, a market of 2.44 million tonnes could be achieved by the year 2022, accounting for about 1.03 million hectares, which is about the size of the region of Flanders in Belgium.

Future competition about land with food and feed production is highly unlikely, as food, feed, and biotechnological products such as bio-based plastics are produced in an integrated way in biorefineries, where different products are gained from one plant. Also the diversity of input material for bio-based plastics production is important. Even though agricultural crops are the most efficient ones at the moment in terms of land use, yields, and bug-resilience, non-food crops such as forest resources or bio-waste can and partially already are valuable feedstocks for the production of bioplastic materials.

With regards to toxicity there are several EU control mechanisms to ensure that plastics are in line with environmental regulation and human health requirements. Approval under the EU chemical legislation REACH also applies to bio-based plastics. Food contact approval is relevant for all bioplastics made for wrapping or transporting food and drink. As they break down and transform in the environment, biodegradable plastics are especially scrutinised and have to fulfil additional ecotoxicity tests, such as those set out in the industrial composting standard EN 13432.

The EU Commission’s strategy on plastics declared it will continue investigative work into the life-cycle impacts of alternative feedstocks for plastics such as biomass, indicating potential support for the development of bioplastics in the future. How does European Bioplastics view both the Commission’s strategy and directive on single-use plastics?

We support the Commission’s Plastics Strategy, even though it could have been a bit stronger on identifying the useful compostable plastic products that it mentions. We count on this to be a deliverable of the near future. We also count on the Commission to create a level-playing-field with regard to its life-cycle assessments for different feedstocks and to challenge old and aggregated assessments based on virgin-fossil plastic.

With regard to the initiative on single-use plastics, we agree with the Commission’s statement in the corresponding roadmap that sound, land-based waste management is the key to avoid marine litter, but we do not see this strongly represented in the directive. For example, there is no assessment or prognosis of how the recently adopted waste legislative measures, such as furthering recycling, will impact today’s littering reality. Such an assessment would be necessary to develop further efficient actions that tie in with waste legislation. We agree that waste legislation is not the only point in the value chain where action is needed, but the proposal is vague on key points such as making ‘available more sustainable alternatives’. It also does not fully consider the reality of European consumption habits — which it could do with, for example, a full ban of single-use catering products.Sustainable Plastic Bioplastic (Com)Promise plastic waste

[1] These include Club Bioplastiques (France), Asso Bioplastiche (Italy), Holland Bioplastics (Netherlands), Asobiocom (Spain), Belgian Bio Packaging (Belgium), Nordisk Bioplastförening (Nordic countries), or the Biobased and Biodegradable Industries Association (UK).Sustainable Plastic Bioplastic (Com)Promise plastic waste

[2] The bioeconomy encompasses the sustainable production of renewable resources and their conversion into food, feed, fibres, materials (e.g. plastics), chemicals, and bioenergy through efficient and innovative technologies.

[3] Biowaste includes biodegradable garden, food, and kitchen waste from households or restaurants, caterers, and retailers.

Related Topics

-Bio-on inaugurates in Italy the first special bioplastics production plant. 100% natural and biodegradable – Bioon Italy special bioplastics 100% natural biodegradable

-Researchers race to make bioplastics from straw and food waste   Researchers race make bioplastics straw food waste

Plastic light versatile thermoplastics 80 % global plastics consumption

PARIS: Because of their role in global pollution, plastics are hugely controversial.

But the resilient, supple, light and malleable materials play a key role in our lives and, according to experts, will remain crucial for a long time to come.

Here are a few things to know about the world of plastic.

1. The classic production process involves the distillation and refining of fuel or natural gas, breaking down hydrocarbons.Plastic light versatile thermoplastics 80 % global plastics consumption

Various raw materials make up the building blocks of the resulting plastic. Monomers build more complex molecules called polymers — the scientific name for plastics.

There are two families of polymers.

Thermoplastics, accounting for some 80 per cent of global plastics consumption, melt when they are heated and then harden when cooled.

Then there are thermosets, which do not soften after moulding.

Plastic light versatile thermoplastics 80 % global plastics consumption

(FILES) In this file photo taken on September 19, 2016 plastic utensils are seen in Washington, DC. — AFP PHOTO

2. Five polymers account for the majority — 71 per cent — of global plastics consumption.

First, there is polyethylene, found above all in single-use packaging, then polypropylene, used in car bumpers, dashboards and drinking straws.

Next up is polystyrene, used for packaging, insulation panels and yoghurt pots.

There is also polyvinyl chloride — better known as PVC — used in windows and drains — and then polyethylene terephthalate (PET), commonly used for synthetic fibres or bottles.

3. There is much innovation in conventional plastics, with new properties being added to maximise performance.

Lighter is better, and slimming the volume of plastic is a constant challenge, not least to reduce the amount of plastic clogging the oceans and to wage war on waste.

But lighter plastic also means lighter finished products, including in transport.

“The need for (greater) lightness in auto transport is a massive innovation factor,” Christophe Cabarry, founder and president of SpecialChem, an online platform connecting sellers and buyers of chemicals and materials, told AFP.

A few grams a year are being shaved down, even on products as mundane as plastic bottles.Plastic light versatile thermoplastics 80 % global plastics consumption

4. The wait is on for the breakthrough of bioplastics — plastics made using biodegradable materials or natural recyclable materials.Plastic light versatile thermoplastics 80 % global plastics consumption

“There is much innovation in the sector,” says Cabarry.

But of the 2.05 million tonnes of bioplastics produced worldwide last year less than half was actually biodegradable, according to European Bioplastics, an industry association.

The association put their market penetration at barely 0.75 percent in 2017, owing to bioplastic’s much higher costs.Plastic light versatile thermoplastics 80 % global plastics consumption

Plastic light versatile thermoplastics 80 % global plastics consumption

Plastic plates and cups are seen at a Pingo Doce supermarket in Lisbon, Portugal. — REUTERS pic

5. Europe managed to re-use around 31 per cent of 26 million tonnes of plastics waste in 2016.Plastic light versatile thermoplastics 80 % global plastics consumption

“Europe has initiated a transition from a linear towards a circular and resource efficient society”, says the PlasticsEurope association of manufacturers.

But the rate in the United States is much lower, at 10 per cent, and across the world, only 9 per cent of the nine billion tonnes of plastic produced to date has been recycled, a recent UN report said.Plastic light versatile thermoplastics 80 % global plastics consumption

Some 12 million tonnes per year, mostly in the form of single-use packaging, are dumped into the world’s oceans, creating an ecological nightmare, according to Greenpeace. — AFP

Related Topics

Report examines Insights Bio Succinic Acid Market

New report examines the Insights on the Bio Succinic Acid Market  Report examines Insights Bio Succinic Acid Market

Report examines Insights Bio Succinic Acid MarketA new research study from HTF MI with title EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market Report 2018 provides an in-depth assessment of the Bio Succinic Acid including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.

The research study provides forecasts for Bio Succinic Acid investments till 2023.

If you are involved in the Bio Succinic Acid industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by Food & Beverages, Pharmaceuticals & Industrial Applications, Petrochemical based Succinic Acid & Bio based Succinic Acid and major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

The Study is segmented by following Product Type: Petrochemical based Succinic Acid & Bio based Succinic Acid Report examines Insights Bio Succinic Acid Market

Major applications/end-users industry are as follows: Food & Beverages, Pharmaceuticals & Industrial Applications

Geographically, this report is segmented into several key Regions such as Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran;, with production, consumption, revenue (million USD), and market share and growth rate of EMEA (Europe, Middle East and Africa) Bio Succinic Acid in these regions, from 2012 to 2022 (forecast)  Report examines Insights Bio Succinic Acid Market

Major companies covered in the report: BioAmber Inc, Myriant Corporation, BASF, DSM, Mitsui & Co. Ltd, Mitsubishi Chemical, Purac (Carbion NV), Gadiv Petrochemical Industries, Kawasaki Kasei Chemicals, Nippon Shokubai, PTT Global Chemical Public, Alpha Chemik, Jinan Huaming Biochemistry Co.,Ltd & Fuso Chemical

This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.  Report examines Insights Bio Succinic Acid Market

Some of the key questions answered in this report:
– Detailed Overview of EMEA (Europe, Middle East and Africa) Bio Succinic Acid market helps deliver clients and businesses making strategies.
– Influential factors that are thriving demand and constraints in the market.
– What is the market concentration? Is it fragmented or highly concentrated?
– What trends, challenges and barriers will impact the development and sizing of Bio Succinic Acid market?  Report examines Insights Bio Succinic Acid Market
– SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
– What growth momentum or acceleration market carries during the forecast period?
– Which region is going to tap highest market share in future?
– What Application/end-user category or Product Type may see incremental growth prospects?  Report examines Insights Bio Succinic Acid Market
– What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil.?
– What focused approach and constraints are holding the market tight?

There are 15 Chapters to display the EMEA (Europe, Middle East and Africa) Bio Succinic Acid market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Bio Succinic Acid market, Applications [Food & Beverages, Pharmaceuticals & Industrial Applications], Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran; ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)  Report examines Insights Bio Succinic Acid Market
Chapter 15, deals with EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.   Report examines Insights Bio Succinic Acid Market

Crude oil $80 barrel Alaska economy

Crude oil almost $80 a barrel   Crude oil $80 barrel Alaska economy

Crude oil $80 barrel Alaska economyJUNEAU — At last count, the price of Alaska North Slope crude was hovering just under $80 a barrel.Crude oil $80 barrel Alaska economy

That’s good news for Alaska’s economy.

 Add to that the Legislature’s decision to tap into the Alaska Permanent Fund’s earnings to pay the bills and the state is suddenly a lot closer to a balanced budget.

 “I saw one day where the Alaska oil price got slightly over $80 a barrel, but we’ve been in the high $70s for the last couple of weeks,” said Ken Alper, director of the tax division at Alaska’s Department of Revenue.Crude oil $80 barrel Alaska economy

Each time the price per barrel of oil climbs up, Alper has basically the same message.

 “It’s good for Alaska’s economy to have higher oil prices, there’s no question about that,” he said.Crude oil $80 barrel Alaska economy

 But, prices have to get higher — and stay higher — to have a lasting impact on the state’s budget.

 “Should the current prices hold, we will have our first balanced budget in several years for fiscal year ’19,” Alper said.

 Alaska could have a balanced budget next year if prices stay around $72 a barrel — that’s about $10 higher than the official forecast the Department of Revenue put out in March.

 That’s the point when the state starts bringing in enough revenue from oil to pay all the bills. Up until 2018, that break-even price was a lot higher, at more than $90 per barrel.

But, the Legislature’s decision to draw money from the permanent fund’s earnings last session gives the state an additional $1.7 billion to spend.  Now that the state is that much closer to a balanced budget, it takes a lot less oil revenue to close the gap.

Alaska’s Energy Desk is a public media collaboration focused on energy and the environment with partners KTOO in Juneau, Alaska Public Media in Anchorage, KUCB in Unalaska, Fairbanks Daily News-Miner in Fairbanks, KBRW in Utqiagvik and KYUK in Bethel.

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$60 a barrel ideal oil price for India as it will bring investments: HPCL ..  $60 barrel ideal oil price India Hindustan Petroleum Corporation

Hormuz Strait Closure Could Cause Tension Iran OPEC

Hormuz Strait Closure Could Cause Extra Tension Between Iran, OPEC – Analyst   Hormuz Strait Closure Could Cause Tension Iran OPEC 

Source  : © AFP 2018 / ATTA KENARE
Hormuz Strait Closure Could Cause Tension Iran OPEC

Iranian President Hassan Rouhani has warned US President Donald Trump of the consequences of applying new sanctions against Tehran. Moreover, the Iranian president has stated that his country will stand firm against Washington’s threats.

Sputnik discussed this issue with Michael Poulsen, an oil analyst at Global Risk Management Ltd.

Michael Poulsen: Certainly not with any popularity in the countries, in the local community and in the Middle East.

But straight out war is probably a tad bit premature to estimate. But definitely a very significant event will happen and it’s something that will have a great impact on global oil prices.Hormuz Strait Closure Could Cause Tension Iran OPEC

Sputnik: How significant is the Strait of Hormuz? How much oil goes through Hormuz? Which countries would be affected and what kind of money are we talking about?Hormuz Strait Closure Could Cause Tension Iran OPEC

Michael Poulsen: It’s a great deal of money, it’s roughly 70 million barrels per day, depending on how we measure it, and it’s mostly seaborne.

Hormuz Strait Closure Could Cause Tension Iran OPEC
© AFP 2018 / HENGHAMEH FAHIMI
Iran’s Guards Say Strait of Hormuz for All or ‘No One’ Amid Looming US Sanctions

There are some various pipelines [that could serve] as alternative routes, but that’s not enough to technically offset a complete closure of Hormuz. In an absolute best-case scenario, maybe could divert 8-9 million barrels to various other pipelines, so it will take some time for it to be implemented but it would still lack almost 10 million barrels a day in the global oil market, which is quite significant.Sputnik: Which countries would be the most affected by this, both from the export side and the import side?

Michael Poulsen: It’s certainly the export side, there’s obviously people importing oil that would be able to get oil from strategic oil facilities around the globe and also that’s enough to at least keep things running for some time.Hormuz Strait Closure Could Cause Tension Iran OPEC

It depends, of course, on how long such a closure could take place.

Sputnik: What are you thinking in terms of oil markets? What kind of changes can we see in the price? What are the immediate effects that we would see?Michael Poulsen: The kneejerk reaction would most probably be upwards and depending on how it’s closed and what happens, that would determine how much we’re going to go up.Hormuz Strait Closure Could Cause Tension Iran OPEC

Iran has a capability to close the strait for a short period of time.

The US 5th Fleet is right in the neighborhood and they’re practicing pretty much every day for such an event. It’s something that could be reopened through force fairly quickly, depending on how things escalate, but for certain it will put a risk premium on tankers’ insurance and oil prices in general on a global scale.

Sputnik: How much would this affect the US and its oil markets?

Michael Poulsen: The US oil market alone would likely not [experience] the greatest effect [of] that, as we’re pretty much self-supplied at the moment, but if this had been 5 or 10 years ago, it would have been a completely different ballgame; but with shale oil production, it’s a little different for the US, so it won’t have a direct huge impact.

It would increase global prices and, as such, also in America, but that wouldn’t disrupt their supply situation.Hormuz Strait Closure Could Cause Tension Iran OPEC

Sputnik: As an OPEC member, what is this going to do with Iran’s OPEC membership status?Michael Poulsen: I would assume they would still stay a member of OPEC, because members of the OPEC organization have benefitted from being a member, but obviously there will be some extra tensions at the next meeting.

Sputnik: Is this realistic? It would seem that Iran would also be affected as far as their capability to sell oil, if this were the case. Do you think that the backlash from this for Iran would make it a very unfavorable decision?

Michael Poulsen: It’s not something that would benefit them. That would be rather depending on how it’s done, there would be another big backlash, as you mentioned.

Also depending on how it’s done, I don’t think the Iranian fleet wishes to engage in a straight-out confrontation with the US Navy in the area. That would most certainly end in one way, if you count the number of ships in the area of both sides.

Sputnik: You mentioned depending on how it would be done, what are the various scenarios that exist for blocking oil shipments through the Strait of Hormuz?Michael Poulsen: There’re of course mines that can be deployed, it would be practiced. The mines could be swept, but the big risk is then if there’s a single mine that’s forgotten or overlooked and an oil tanker hits it when the strait is reopened, then you have a rather big problem.

A second scenario could be to sink various vessels in the strait.

The views expressed in this article are solely those of Michael Poulsen and do not necessarily reflect the official position of Sputnik.

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-Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure   Iran Revolutionary Guards threaten cut oil exports US pressure

-Iran says Trump’s oil ban on Iran is ‘self harm’ — SHANA   Iran says Trump oil ban Iran self harm 

Econic Technologies CO2 based polyols offers environmental benefits

Use of CO2-based polyols offers more than just environmental benefits   Econic Technologies CO2 based polyols offers environmental benefits

Econic Technologies, a UK cleantech company that has developed catalyst technology to unlock the positive potential of waste CO2 by allowing it to be incorporated as a feedstock, has published research demonstrating that the use of CO2-based polyols in rigid foam applications can boost the flame-retardant properties of these foams.

 Econic Technologies CO2 based polyols offers environmental benefitsEconic Technologies’ most recent innovation is tunable catalyst technology allowing bespoke amounts of CO2 to be incorporated into a polyol, delivering targeted benefits to end users. In a recent presentation from Mark Andrews, Senior Scientist, Econic Technologies, entitled: ‘Use of CO2 based polyether carbonate polyols to enhance fire resistance in Polyisocyanurate Rigid Foams’, this tunable catalyst system was shown to lead to a number of added benefits including enhanced fire performance, cost savings and improved processability.

Benefits of CO2 based polyols include:

• Enhanced performance improvements in fire resistance and heat generation, as well as a reduction in the volume and toxicity of smoke produced.
• Polyols produced using Econic’s tunable catalyst technology can be made with application specific viscosities, removing the need to blend the CO2 polyols with other conventional polyols, preserving maximum benefits of the CO2 incorporation.
• Rigid foam which contains 6 -10% of its mass as carbon dioxide can be made – this could lead to over half a million tonnes of CO2 capture and utilisation globally on an annual basis.
• Increased compatibility with pentane, one of the primary blowing agents used in the production of polyurethane rigid foam. This enables improved processing and lower density products, delivering potential manufacturing cost savings.
• Lower hydroxyl values than benchmarks, enabling isocyanate savings, allowing lower isocyanate usage, generating further cost savings as well as a reduction of harmful chemical handling in the processing stage.

As Mark Andrews, Senior Scientist at Econic Technologies, commented:
“Now that we have discovered that the use of CO2-based polyols in rigid foam applications not only improves flame retardance, but also cuts toxic smoke emissions and allows for the direct control of polyol viscosity, we hope to help manufacturers improve the safety and longevity of their products, in addition to speeding up the manufacturing process and lowering costs – all of which has the potential to dramatically change polyurethane products for the better.”

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Beaulieu International CO2 emissions : Waterway transport

OPEC Organization Petroleum Exporting Countries crude oil market

OPEC is about to make a major oil market decision. Here’s how next week’s meeting could end  OPEC Organization Petroleum Exporting Countries crude oil market 

  • OPEC, Russia and other producers are widely expected to begin easing their deal to limit output at a meeting in Vienna next week.
  • The gathering is shaping up to be a contentious event, with lines drawn between countries that can benefit from an output boost and those with little to gain.
  • Despite the discord, analysts think OPEC will reach a deal to moderately raise output over several months, with an option to hike further.
Source : Tom DiChristopher | 

OPEC Organization Petroleum Exporting Countries crude oil market

Akos Stiller | Bloomberg | Getty Images
Khalid Bin Abdulaziz Al-Falih, Saudi Arabia’s energy minister and president of OPEC, speaks as Alexander Novak, Russia’s energy minister, left, listens during a news conference following the 172nd Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, May 25, 2017.

A meeting of the world’s biggest oil producers is shaping up to be a contentious event, but analysts think the fractious group will reach consensus on their historic agreement to manage the crude market.OPEC Organization Petroleum Exporting Countries crude oil market 

OPEC and other exporters including Russia appear poised to ease voluntary production limits, which have helped shrink a global oil glut since they went into effect in January 2017. The deal isn’t set to expire until the end of the year, but rising prices fueled largely by geopolitical risks have forced the producers to consider their exit strategy.

The agreement calls on OPEC and other producers to keep 1.8 million barrels a day off the market, but they’ve actually been cutting deeper than that.

OPEC meetings are closely watched because the producer group pumps about 40 percent of the world’s oil, so its policy decisions can have major implications across the energy mix. President Donald Trump, perhaps wary of the average U.S. gasoline price hovering near $3 a gallon, has recently blamed OPEC for oil prices, which recently hit 3-½ year highs.OPEC Organization Petroleum Exporting Countries crude oil market 

Next week’s meeting is also thornier than past gatherings because OPEC’s current production cuts are not limited to the 14-nation club. Russia and several other producers have also been throttling back output, and top OPEC producer Saudi Arabia needs to keep the young alliance together, or its ability to manage the market would be diminished.

The Saudis will have to consider their partnership with Russia, their relationship with the United States and simmering tensions with Iran, OPEC’s third-biggest producer and Riyadh’s chief regional rival.OPEC Organization Petroleum Exporting Countries crude oil market 

“The decisions that are going to be made in Vienna are going to be more geopolitical this time than normal,” said Dan Yergin, vice chairman of IHS Markit and a Pulitzer Prize-winning chronicler of the petroleum industry.

“You do not want to give Jeff Bezos a seven-year head start.”
Hear what else Buffett has to say

OPEC tensions rise

Heading into the meeting, a rift has opened among producers with competing interests, raising fears of a repeat of OPEC’s June 2011 meeting, when members left Vienna without agreeing on a shared output policy.

Saudi Arabia and Russia, in particular, have spare capacity and could capture market share by pumping more. Both have expressed support for hiking output.

However, many producers are tapped out and would prefer to hold back supply, which supports prices. Those nations include Venezuela, where output has cratered amid a prolonged economic crisis, and Iran, which is facing renewed U.S. sanctions aimed at cutting off its oil exports.OPEC Organization Petroleum Exporting Countries crude oil market 

But they also include Iraq, OPEC’s second biggest producer. On Monday, Iraq’s oil minister Jabbar al-Luaibi said hiking output could “damage the international markets” and warned unilateral efforts by some members to change the policy might violate the deal.

Luaibi appeared to be responding to reports that Washington asked Saudi Arabia to fill the gap left by a drop in Iranian exports before Trump abandoned the Iran nuclear deal and slapped wide-ranging sanctions on the country.OPEC Organization Petroleum Exporting Countries crude oil market 

Yergin said he believes the Saudis would back a policy that keeps international benchmark Brent crude oil prices in the $75-$85 per barrel range, which would support their objectives, including maintaining close ties with the Trump administration.

“They really wanted to see the U.S. withdraw from the Iranian deal, and that means less Iranian oil … so you have to put more oil into the market,” he told CNBC on Wednesday.

Deal remains likely

The public bickering could continue as members aim to negotiate the best possible deal for their country. But despite the discord, analysts think the group will nevertheless reach a deal to begin easing the production caps — and any increase will likely be relatively limited and gradual.

Ed Morse, Citigroup’s head of global commodities research, told CNBC that the Saudis, along with Kuwait and the United Arab Emirates, will likely push for a 500,000 barrels per day hike, leaving another half a million barrel increase until a future review of the market, perhaps in September.OPEC Organization Petroleum Exporting Countries crude oil market 

That aligns with the view at RBC Capital Markets, where Global Head of Commodity Strategy Helima Croft also sees OPEC erring on the side of caution with a 500,000 bpd bump. She thinks OPEC will signal a strong willingness to take further action, but she remains wary of tensions ahead of the meeting.

OPEC may boost production as the oil market is very tight: Expert  

“Nonetheless, we could envision a scenario where the meeting proves to be so antagonistic because of deep divisions over production and sanctions that they fail to reach a consensus, leaving big producers like Saudi Arabia and Russia to act on their own,” RBC said in a research note.

Michael Cohen, head of energy markets research at Barclays, says that would push oil prices into the $80-$85 range, but he thinks the scenario is unlikely. He forecasts OPEC will increase output by 700,000 to 800,000 bpd through the end of the year. If that happens, Barclays would stick to its view that Brent will average $70 a barrel this year and $65 next year.

Francisco Blanch, Bank of America Merrill Lynch’s head of global commodities, sees Russia, Saudi Arabia, UAE and Kuwait gradually increasing output by about 200,000 bpd each quarter, eventually adding 1.2 million bpd by the end of next year. In his view, the producers will make the adjustments based on oil market data to prevent a price spike.

“If the cartel aggressively lifts output over the next six months, balances will quickly shift into a surplus, pushing prices lower,” Merrill Lynch said in a research note. “Yet the uncertainty around Iran and Venezuela also creates a difficult path ahead, as it opens the door to multiple OPEC+ responses.”

Venator launches three new products at Chinaplas – Venator launches three new products at Chinaplas

Venator launches three new products at Chinaplas

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15 June 2018

14:10

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15 June 2018

14:10

Europe PET drama 2019 contract negotiations

INTERACTIVE: Europe PET drama subsides but could still sway 2019 contract negotiations  Europe PET drama 2019 contract negotiations  

 Source:ICIS News

LONDON (ICIS)–Polyethylene terephthalate (PET) in Europe has been in such disarray that recent events could impact discussions concerning 2019 contract negotiations, even at this early stage.Europe PET drama 2019 contract negotiations

Europe PET drama 2019 contract negotiations “Customers will push for contracts and producers will try to avoid contracts or increase the spread on contract if it is linked to raw materials, that’s for sure.

“There will be a huge impact on 2019 negotiations. Producers will definitely increase their spread. It is the same situation as the end of 2017. Maybe 2019 you will buy better on spot! The spread for 2019 contracts will be much higher [than in 2018],” a reseller said.Europe PET drama 2019 contract negotiations

As an industry, PET rarely fails to surprise. Last year and the first half of 2018 were no exception. Both periods heralded a series of unpredictable incidents that proved harmful to both sellers and buyers.

Globally, financial difficulties, bankruptcy, environmental and antidumping decrees, even a hurricane formed, the essence of 2017.

This resulted in a heavily contracted European market in 2018, as both sides were keen not to fall into similar traps, and to secure volumes for the year ahead.

This year began on a tense note, within a finely balanced market. Having eventually secured material, including scarce imports, many customers began to feel more comfortable with their volumes by the end of the first quarter.

Demand looked disappointing and March hosted several planned shutdowns.

Availability worsened when BP’s upstream purified terephthalic acid (PTA) plant in Geel, Belgium, failed to resume production after maintenance, and declared force majeure.Europe PET drama 2019 contract negotiations

The domino effect included a force majeure on PET, other producers exiting the lucrative spot market and reducing output to a technical minimum, the combination of which was disastrous on supply.Europe PET drama 2019 contract negotiations

“Right now there is no choice of when it will go back to normal. There is no piece of news that tells me when it will normalise. Nobody has a clue,” a buyer said.

Prices climbed 30% from January to June, peaking at €1,350-1,400/tonne FD (free delivered) and soaring over €250/tonne in the second quarter alone.

Europe PET drama 2019 contract negotiations

Peaking being the operative word, as while the market is still tight and there is a possibility for further increases, from June there has been a change of mood.

Production output looks better in June, as PTA becomes more available and PET production begins to ramp up.

There is no doubt material will be short, snug at the very least, through June and July, but come August, September or even as late as October, depending on what imports arrive and on how demand fairs, the market should balance out.

A typical cycle for PET is five years, and there is unlikely to be a general excess of product much before 2020.

“The Corpus Christi (M&G) start up would make [the market] non deficit, probably the problems at JBF will be resolved and there may be product from the Middle East, then we will see the opposite situation. But it won’t happen in the next six months, and the question is if it happens in one or one and a half years,” a second buyer said.

The surprisingly short 2017 market sparked a change in 2018 contract strategies, whereby accounts became largely contractual and more dependent on raw material movements.

This lack of flexibility coupled with the awkward supply situation has resulted in significant discrepancies between high spot and relatively low contract prices so far this year. The gap has been quoted as ranging between €200-300/tonne for raw material plus models.

Europe PET drama 2019 contract negotiations

The industry is now wondering how this will impact 2019 negotiations.

“It is early days…We still have a high percentage of cost-plus models based on raw materials. The question is…do we want still this high cost-plus models in our portfolio? The ones on raw materials or with floors and caps will be reconsidered,” a seller said.

It may be that sellers continue pushing for more contracts based on raw materials as opposed to market- or index-based, but with higher conversion fees over feedstocks.

“…Europeans increased the conversion fee over raw material formula from 2017 to 2018, and I am sure in 2019 they will increase again,” a third buyer said, echoing comments from others.

Nothing is clear at the moment, and much depends on the situation at the time of negotiation.

“When closing 2018 deals I thought this is a one year exception and we will probably switch back to index-based contracts in 2019. Now I am not sure anymore. I think we will need another couple of months to get the mood and to some degree it will be difficult. If you want to go stronger on indices there will be resistance from suppliers,” a fourth buyer said.

Imports usually fill in any gaps in supply, but exchange rates have not been favourable for euro-based buyers. So, although the lack of availability has made for an interesting and dynamic market, other macroeconomic parameters can influence matters from one day to the next.

“Asia has not been competitive for Europe this year. If the exchange rate hits 1.40 by the end of the year [euro to dollar], then everything can change,” a trader said.

A priority for buyers will surely be reliability of supply. So, while the element of surprise in terms of availability provides some certainty that the trend of contracts will continue, there may be a shift in who goes where for volumes.

Contracts based on raw materials have been favourable to clients who could try to extend them into next year. Suppliers are likely to attempt to increase margins for cost-plus models, and this will put some customers off.

Once normality returns to supply/demand, perhaps buyers will notch the first half of 2018 up as a bad experience, and if/when the bubble bursts, it may not actually have much of an impact on future pricing negotiations.

“Now we are seeing a balloon. There is tightness in the market but…it’s an exaggeration. Every year there is a new story or new sensation,” a buyer said.

For now, the market remains tight, the mood feels like it’s lightening on both sides, and 2019 negotiations are far from being finalised.

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

Picture source: imageBROKER/REX/Shutterstock

By Caroline Murray

US China trade war begins tariffs goods take effect

US-China trade war begins; tariffs on $34bn goods take effect   US China trade war begins tariffs goods take effect

Source:ICIS News
US China trade war begins tariffs goods take effect

SINGAPORE (ICIS)–US tariffs on $34bn on Chinese goods took effect on Friday, prompting China to respond with the same scale and intensity, effectively triggering a trade war between the world’s two biggest economies.

China’s Ministry of Commerce (MOC) said the US has launched the “largest trade war in economic history”, and violated World Trade Organisation (WTO) rules.

The US 25% tariffs on 818 Chinese products were implemented from 00:01 Washington time (04:01 GMT) on Friday, which was midday in Asia.

China’s retaliatory tariffs cover 545 US products, which will include agricultural products such as corn and soybeans.

The US move is expected to be the first of a series as it hopes to bring down its huge trade deficit with the Asian giant.

US President Donald Trump was quoted late on Thursday by news agency Reuters that the second set of tariffs, involving $16bn of Chinese goods, is expected to take effect in two weeks.US China trade war begins tariffs goods take effect

Products under consideration for the second set include polyethylene (PE), polyvinyl chloride (PVC), polycarbonate, and polyamide alongside propane, LPG and hydrocarbon gases, naphtha, crude benzene, toluene and xylenes, and crude oil.

Further tariffs could be imposed on up to $500bn more Chinese goods in subsequent rounds, he said.US China trade war begins tariffs goods take effect

China has vowed on a tit-for-tat strategy on the US plan to put up trade barriers against the country.

“China promised not to shoot the first shot, but in order to safeguard the core interests of the state and the interests of the masses, it had to be forced to make the necessary counter attack,” the MOC said in a statement released minutes after the first wave of US tariffs took effect.US China trade war begins tariffs goods take effect

“We will inform the WTO in a timely manner about the relevant circumstances and work together with other countries to safeguard free trade and multilateral institutions,” it said.

China’s export-oriented economy is expected to take a major hit if the trade row with the US escalates further.

In June, manufacturing activities in China showed signs of weakening, logging a Purchasing Managers’ Index (PMI) reading of 51.5 points from 51.9 in May, as export orders slipped into a contraction mode.

A PMI reading of 50 and above indicates expansion, while a number below 50 denotes contraction.

Concerns about the trade war had also sent the yuan tumbling by more than 3% in June. While good for exports, a weak currency dampens domestic consumption.

By Pearl Bantillo

US ethylene market length continue 2018

US ethylene length to continue through 2018   US ethylene market length continue 2018

Source:ICIS News

HOUSTON (ICIS)–Length in the US ethylene market is likely to continue through the second half of 2018 as more crackers start up, but increasing costs for feedstocks may provide pricing support.US ethylene market length continue 2018

Ethylene production has outpaced ethylene consumption in the first half of 2018 amid the start-up of new crackers and new derivative units. About 3m tonnes/year of new ethylene capacity and about 3.5m tonnes/year of new PE capacity have started up since late 2017. The new crackers ramped up quickly, but several of the new PE plants have struggled to reach full operating rates.US ethylene market length continue 2018

The imbalance allowed ethylene supply to build and pushed down prices. Ethylene spot prices bottomed out at 12.0-12.5 cents/lb ($265-276/tonne) in mid-May, their lowest point since January 1999. Ethylene contract prices fell to 26.0 cents/lb in May, their lowest since 25.75 cents/lb in February 2016.US ethylene market length continue 2018

US ethylene spot, contract prices

US ethylene market length continue 2018

Ethylene has rebound slightly, supported by higher feedstock ethane costs and a slightly more balanced market.

Consumption has improved as most of the recently built PE capacity is at-or-near full production rates. Production was curtailed by turnarounds and an idled cracker.

US June contract prices settled 0.5 cent/lb higher than May, and spot prices closed June at slightly above the mid-May 2018 low point.

However, market sentiment is softening again as participants anticipate the start-up of two more crackers.US ethylene market length continue 2018

US ethylene market length continue 2018
ExxonMobil is building an ethane cracker with a capacity of 1.5m tonnes/year of ethylene at its Baytown site, Texas. (Photo courtesy of ExxonMobil)

ExxonMobil’s new 1.5m cracker in Baytown, Texas is in commissioning and expected to begin production this summer.

An Indorama project, which expanded a previously idled cracker to 440,000 tonnes/year capacity, is expected to start up in July and reach full production rates in the third quarter.

With most of the new PE capacity already at-or-near full production rates, there is little room for increased consumption to fully absorb the incoming capacity.

As ethylene supply remains long, spot prices are expected to remain near production costs, and contract prices should track a combination of spot prices and production costs.

“Looks to me to be the case until some derivatives come up late ’18 or early ’19, or until enough crackers get dialled back to rebalance,” a market source said.

Scheduled to come online in late 2018 or early 2019 is about 3.6m tonnes/year of new downstream capacity in the PE, polyvinyl chloride (PVC) and  ethylene glycol (EG) chains.

But ethylene could remain long as four new crackers also are scheduled to come online in late 2018 and early 2019. The units have a combined capacity of 4.25m tonnes/year.

As increased supply from the new capacity keeps pressure on ethylene prices, the increased feedstock demand also is expected to push prices higher for upstream ethane. The price of ethane has nearly doubled over the last year, rising from around 17 cents/gal to about 34 cents/gal.

US ethane prices

US ethylene market length continue 2018

The resulting tight margins for ethylene may result in a reduction in cracker operating rates or a move to heavier feedstocks, which produce less ethylene and more co-products like propylene and butadiene (BD).

“Everyone is now making run/don’t-run decisions based on variable production costs,” another market source said.

Major US ethylene producers include Chevron Phillips Chemical, DowDuPont, ExxonMobil, INEOS Olefins & Polymers, LyondellBasell and Shell Chemical.

By Jessie Waldheim

Asia petchem shares fall US China tariff impositions

Asia petchem shares fall ahead of US, China tariff   Asia petchem shares fall US China tariff impositions

Source:ICIS News

Asia petchem shares fall US China tariff impositionsSINGAPORE (ICIS)–Shares of major petrochemical companies in Asia were mostly trading lower on Friday on investors’ concerns that an outright trade war between the US and China will soon begin.

The US from 00:01 Washington time (04:01 GMT) on Friday will impose tariffs on $34bn of Chinese good and Beijing has vowed to respond by an equal amount of tariffs of its own against US products.Asia petchem shares fall US China tariff impositions

Another round of US tariffs on additional $16bn worth of goods are expected to go into effect in two weeks, US President Donald Trump said late on Thursday.

At 03:00 GMT, South Korea’s Lotte Chemical was down by 1.98%, while LG Chem fell by 1.25% as the key Korea Stock Exchange KOSPI Index slipped by 0.30% to 2,250.85.

In Hong Kong, Chinese state-owned refining and chemicals giant Sinopec Shanghai Petrochemicals was 1.71% lower, while PetroChina fell by 0.70%.

In Taiwan, Formosa Petrochemical Corp (FPCC) was 1.26% lower, while Nan Ya Plastics was down by 0.80%.Asia petchem shares fall US China tariff impositions

In southeast Asia, PETRONAS Chemicals Group (PCG) slipped by 0.12% in Malaysia, while oleochemicals producer Olam International was down by 0.47% in Singapore.

In Japan, shares of chemical firms were bucking the trend, with Asahi Kasei up 1.38% and Mitsubishi Chemical up 2.28% as the Nikkei 225 benchmark was up by 0.67% at 21,691.89.Asia petchem shares fall US China tariff impositions

China’s Ministry of Commerce (MOC) had said on Thursday that the US will only be hurting itself as the world by imposing more tariffs.

“If the United States starts imposing additional tariffs, it will actually be charging taxes on firms both in China and around the world, as well as American companies,” MOC spokesperson Gao Feng was quoted as saying by the state news agency Xinhua.

Feng said that around 59% of products worth $34bn subject to additional tariffs are made by foreign firms in China, with American firms making up a considerable part, Feng said.

“The US tariff move is in essence a hit to the global industry and value chain,” Gao said. “To put it simply, the United States is firing at the whole world. It is also firing at itself.”

By Nurluqman Suratman

Innopas SX KHS gives bottlers greater flexibility

Innopas SX from KHS gives bottlers greater flexibility in the pasteurization process  Innopas SX KHS gives bottlers greater flexibility

Innopas SX KHS gives bottlers greater flexibility A high degree of microbiological safety: with the Innopas SX KHS GmbH provides a tunnel pasteurizer which with its modular design meets the growing demands of the beverage industry with its increasingly complex range of products and shorter market shelf lives.

• Tunnel pasteurizer with a high degree of microbiological safety

• New functions retrofitted quickly and easily

• Optimized spare part management

Dortmund

– A high degree of microbiological safety: with the Innopas SX KHS GmbH provides a tunnel pasteurizer which with its modular design meets the growing demands of the beverage industry with its increasingly complex range of products and shorter market shelf lives. The systems supplier from Dortmund has also optimized spare part management for this flexible machine.

The beverage market is facing increasing levels of dynamic competition, with new flavors in new packaging formats hitting supermarket shelves at ever shorter intervals. Flexibility is thus becoming more of an issue when it comes to filling. The necessary pasteurization of filled and sealed beverage containers for longer shelf lives is a decisive factor here. The completely modular KHS Innopas SX tunnel pasteurizer for cans and glass and PET bottles fully satisfies these demands.Innopas SX KHS gives bottlers greater flexibility

Dynamic adaptation to line behavior

The basic functions of the Innopas SX are initially identical to the tried-and-tested tunnel pasteurizer systems provided by KHS. The dynamic pasteurization unit or PU control system reacts variably to changes in conditions.Innopas SX KHS gives bottlers greater flexibility

If, for example, a fault occurs during the pasteurization process, the process temperatures are kept under control in the hot zones of the tunnel pasteurizer to ensure both maximum product safety and flavor stability. New features on the KHS Innopas SX include extended functions in the dynamic PU control system which result in greater flexibility and yield savings in energy and media.Innopas SX KHS gives bottlers greater flexibility

Much of this is attributable to the optional speed regulation function. The individual zone temperatures are automatically raised or lowered depending on the conveyor speed.

“This allows the pasteurizer to dynamically adjust to match the line behavior within a range of 50 to 105% of the nominal capacity for most processes without making any drastic changes to the pasteurization units and maximum product temperature,” states Knut Soltau, product manager for Bottle Washers and Pasteurizers at KHS.

This prevents stops and the corresponding consumption of media and at the same time has a positive impact on the behavior of the entire line.

With dynamic PU control from KHS the process temperatures are regulated within the hot zones of the tunnel pasteurizer to enable maximum product safety and flavor stability. With a new program for PU control the customer can independently adapt the pasteurization unit setpoint for a specific container type. Here, the full functionality of the PU control unit is maintained.Innopas SX KHS gives bottlers greater flexibility

“In this way subsequent product changes or new products can be easily made or introduced at any time,” says Soltau. “Bottlers can thus react quickly to changes on the market and product trends.”

Improved design

KHS has also made several improvements regarding the design of its Innopas SX, with maximum emphasis placed on easy operation. The tunnel pasteurizer is clearly structured and offers optimum access which chiefly simplifies the maintenance and cleaning of the system. For this reason parts of the process engineering, such as the heat exchangers and media supply, have been relocated on the machine as modules in order to further improve servicing and machine safety.

Spare part management for the KHS Innopas SX has also been optimized. The number of components the customer is required to keep in stock has been reduced while the delivery times for spare and wear parts have been shortened. As functions can also be simply retrofitted as an option, this boosts flexibility for the customer and ensures the future viability of filling lines at a low operating cost.

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PLASTICS STRATEGY ROOM IMPROVEMENT

THE PLASTICS STRATEGY STILL HAS ROOM FOR IMPROVEMENT  PLASTICS STRATEGY ROOM IMPROVEMENT

Minpromtorg approved construction production PET GC Titan

Minpromtorg approved the construction of the production of PET GC “Titan”   Minpromtorg approved construction production PET GC Titan

 Minpromtorg approved construction production PET GC TitanMOSCOW ( MRC ) – The Ministry of Industry and Trade of the Russian Federation approved the project of the group of companies “Titan” for the creation of polyethylene terephthalate (PET) and polymer processing in the Pskov region, in the territory of the Moglino SEZ, the company’s press service said.

The project will be implemented in four stages in time until 2022. The total volume of investments is 19 billion rubles, of which 20% are own funds. Part of the financing is planned to attract through the Industrial Development Fund, the Russian Export Center and other development institutions. The main part of the investment will have to finance and credit organizations, included in the TOP-10 in Russia.

In the first two stages of the investment project, until 2020, a plant for the production of PET granules will be built. It will operate a pilot plant to create new types of copolyesters with specified properties and two lines of biaxially oriented polyethylene terephthalate films (BOPP).Minpromtorg approved construction production PET GC Titan

During the implementation of the project, agreements have already been reached with key partners and authorities. To date, cooperation agreements have been signed with the Pskov and Omsk regions and an agreement of intent with the special economic zone Moglino. The supplier of the basic technological equipment – German company Dornier is selected, the general contractor of the project is defined – the contract with it is at the final stage of signing. The organizer of the project is LLC “Pskov plant Titan-Polymer”, which concluded with the Moglino SEZ an agreement of intentions on May 21.

Earlier it was reported that in February of this year, a group of companies “Titan” and the government of the Omsk region signed a memorandum with Vnesheconombank on the implementation of the project to create the production of bisphenol A (BFA) and epoxy resins.Minpromtorg approved construction production PET GC Titan

ZAO GK Titan is a Russian corporation, one of the largest companies in the CIS engaged in the production and marketing of synthetic rubber, phenol, as well as developments in the field of biotechnology.The petrochemical cluster of GC Titan includes OJSC Omsky Kauchuk, one of the leading Russian producers of synthetic rubber, and Omsk polypropylene plant LLC “Polyom”.Minpromtorg approved construction production PET GC Titan

mrcplast.ru

Author:                Anna Larionova

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China implement tariffs US World Trade Organization WTO

China will not implement tariffs ahead of the US – Ministry of Finance  China implement tariffs US World Trade Organization WTO

Source:ICIS News

SINGAPORE (ICIS)–China will not move ahead with tit-for-tat import tariffs before Washington makes a move to impose them on Friday.

China implement tariffs US World Trade Organization WTO

Because of the 12-hour time difference, it was widely expected that China will impose tariffs on $34bn of US goods ahead of Washington but the country’s Ministry of Finance on Wednesday said that it will not fire the first shot.

“The Chinese government has made it clear numerous times that we have to get prepared and once the US announces a tariff list, we’ll take the necessary measures to defend our legitimate rights,” the ministry said in a statement.

The US last month announced last month that it plans to slap a 25% tariff on Chinese goods worth $50bn.China implement tariffs US World Trade Organization WTO

It is set to import levies on 818 Chinese products worth $34bn a year on 6 July, but will not target the remaining 114 products worth $16bn from its plan until it gathers additional public comments.

China in response said it will impose a 25% tariff on 545 US products worth $34bn and is planning to impose the levy on an additional 114 US goods worth $16bn.

The US then further threatened to impose tariffs on additional $200bn worth of Chinese goods, which would likely trigger another round of retaliatory tariffs from Asia’s biggest economy.China implement tariffs US World Trade Organization WTO

Fitch Ratings earlier on Wednesday said that further tariff measures by the US would escalate risks to global trade and economic growth.

“The US investigation into auto tariffs, possible additional US tariffs on Chinese imports, and the likely reactions of other countries and blocs, point to a potential serious escalation, albeit with an impact that falls short of across-the-board tariffs imposed on all major trade flows,” Fitch said in a statement.China implement tariffs US World Trade Organization WTO

With trade tensions intensifying, players in the commodity markets have already moved on to avert potential risks.China implement tariffs US World Trade Organization WTO

Unipec, the trading arm of China’s biggest refiner Sinopec, has slowed down their purchase of US crude.

Chinese buyers are also looking to swap cargoes for US oil.

The World Trade Organization (WTO) on 4 July said that “the uncertainty created by a proliferation of trade restrictive actions could place economic recovery in jeopardy”.

“The marked increase in new trade restrictive measures among G20 economies should be of real concern to the international community,” WTO director general Roberto Azevedo said in a statement.

“This continued escalation poses a serious threat to growth and recovery in all countries, and we are beginning to see this reflected in some forward-looking indicators,” he added.

With additional reporting by Nurluqman Suratman

By Fanny Zhang

ALIGN project launched developing bioaromatics lignin

ALIGN project launched: developing bio-aromatics from lignin   ALIGN project launched developing bioaromatics lignin

ALIGN project launched developing bioaromatics lignin

Recently Biorizon co-initiator VITO and partners have launched the ALIGN project that aims to develop Aromatics from LIGNin. Phenolic resins will be applied for the production of high-pressure-laminates as well as natural vanillin for food and beverages. For the next three years, eight project partners led by coordinator CLIB2021 will work together. The Federal Ministry for Education and Research (BMBF) holds out the prospect of funding the German project partners with 1.4 mio. EUR.

New functionalized bio-aromatics from lignin

Lignin, the second most abundant terrestrial polymer and the only large source for biobased aromatics, is currently used in limited amounts. Conventional lignin extraction processes are often optimized towards the fractionation and purification of cellulose for pulp production, with lignin regarded as a by-product, resulting in a poor lignin quality i.e. an undefined structure and a low degree of functionalization. Usually, only its energy content is recovered by combustion. However, converting lignin into high-value products is essential to render biorefineries profitable.

The use of lignin extraction processes, which maintain the structure and functionality of lignin, in combination with innovative chemical and biotechnological conversion routes enables the production of functionalized bio-aromatics. New, hitherto not accessible structures including new functionalities and, thus, new performances, which can be used in a variety of industrial applications, can be detected. To valorize large amounts of lignin the ALIGN project team addresses the platform (bulk) chemical sector.

ALIGN: upscaling three extraction processes for valuable fractions

The ALIGN project focuses on upscaling three extraction processes that lead to both a high-value lignin fraction and a pure cellulose/sugar fraction: The LX process (LXP), a Organosolv process combined with base-catalyzed depolymerization (BCD) and the lignin-first process (LFP). The lignin fractions derived from the three processes differ in their composition in regard to the degree of depolymerization and functionalization.

Starting with this broad range of different lignin derivatives combined with tailor-made downstream processing (DSP) strategies, a wide variety of bio-aromatics with unique properties can be produced. The project aims at applying these bio-aromatics as phenolic resins for the production of high-pressure-laminates as well as natural vanillin for food and beverages.

ALIGN project partners cover the entire value chain

To foster an industrial implementation, the consortium covers stakeholders from the whole value chain starting from lignin extraction (Fraunhofer CBP, LXP Group, KU Leuven) via DSP (VITO) to application (UPM, Phytowelt, Axxence Aromatic) under the coordination of CLIB2021. Apart from the above-mentioned ones, the processes can be adjusted in future projects for a wide variety of applications in the aromatics sector from fine chemicals to bulk products.

Cross-border cooperation

This project is a unique cross-border cooperation between the Flanders region of Belgium and the German state North Rhine-Westphalia (NRW). Together with The Netherlands, these regions are part of the BioInnovation Growth mega-Cluster (BIG-Cluster): a cross-border Smart Specialisation Initiative aiming at making Europe’s industrial mega-cluster a global model in comprehensive bio-based value chains. BIG-Cluster was initiated by the three cluster organisations BE-Basic (The Netherlands), Catalisti (Flanders, Belgium), and ALIGN project coordinator CLIB2021 (NRW, Germany).

More information

If you want to receive more information on the ALIGN project or if you want to elaborate on the opportunities of lignin valorization for your organization, please contact Dr. Kelly Servaes via kelly.servaes@vito.be or +32 (0)4 93 31 87 46.

 Scientists Replace Bacteria Algae Production Bioplastics

Scientists Find a Way to Replace Bacteria and Algae in the Production of Bioplastics   Scientists Replace Bacteria Algae Production Bioplastics

 Scientists Replace Bacteria Algae Production BioplasticsColorado State University Scientists found a way to produce a high-performance, biorenewable, biodegradable plastics at an affordable price.

Polymer bacterial poly(3-hydroxybutyrate) or P3HB is a biomass created by bacteria, algae and other microorganisms and could be used to replace fossil-based plastics.

The problem with P3HB is that it’s exepensive to produce and the production volumes are limited. The possible applications are thus limited.

However, Colorado State University Scientists found a different way to produce this biomass.

Instead of using a biological process (algae and bacteria) they use a much cheaper chemical process. They use a chemical called Succinate which is an ester form of succinic acid. Succinic acid is produced through the fermentation of sugars.

This process is faster, offers larger-scale applications and cost-effective production. The Scientists have applied for a patent for this technology

To make a long story short, they found a way to replace a biological process by a chemical process. A good example of a transition from biotech to chemtech.

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Researchers race make bioplastics straw food waste

Researchers race to make bioplastics from straw and food waste   Researchers race make bioplastics straw food waste

Scientists looking to replace oil as the source of the world’s plastic are harnessing everything from wood-eating bugs to chicory

 A boy walks along a polluted beach strewn with predominantly plastic bottles in the village of Ngor, Dakar, Senegal. Bioplastics will give more options for products that biodegrade in the environment. Photograph: Nic Bothma/EPA

New bioplastics are being made in laboratories from straw, wood chips and food waste, with researchers aiming to replace oil as the source of the world’s plastic.

The new approaches include genetically modifying bacteria to eat wood and produce useful chemicals. But the bioplastics are currently significantly more expensive to make than fossil fuel-based plastics.

Land and seas around the world, from high mountains to deep oceans, have become polluted with plastic, prompting major public concern. The world has produced 8bn tonnes of plastic since the 1950s and demand is still rising.

While some waste plastic is recycled, much of it is incinerated to produce electricity, resulting in carbon emissions that drive climate change. In contrast to plastic made from oil, plastics made from plant-based materials only release the carbon the plants absorbed from the air as they grew. Bioplastics will also give more options for products that biodegrade in the environment, although they can be made very long-lasting if required.

“Plastics are an incredible enhancement to our daily lives,” said Paul Mines, CEO of Biome Technologies in the UK, which has spent £5m in the last five years on bioplastics research. Plastic is both light and strong, he said: “But we can’t go on using fossil fuel-based materials. About 6-7% of every barrel of oil is used to make plastics.”

Using plant materials is feasible, said Prof Simon McQueen-Mason, at the University of York. Replacing half of the nation’s plastic bottles could be done using just 3% of the sugar beet crop, 5% of wheat straw or 2.5% of food waste, he said.

“These are the scales we would need to see a large-scale replacement of oil-based plastics,” he said. “It is something that would be practical within the UK, and we’re talking about a very big economic opportunity.” The UK plastic production industry has an annual turnover of £25bn.

Currently, just a few thousand tonnes of bioplastic are used in the UK each year, compared to millions of tonnes of conventional plastic. Mines said this could rise to about 20,000 tonnes in the next five years.

One technology now being scaled up from the lab is using a Rhodococcusbacteria to break down lignin, the very tough material that gives trees and other plants their strength. The bugs naturally eat lignin but Prof Tim Bugg, at the University of Warwick, working with Biome Technologies, has genetically engineered them so they produce useful chemicals for a bioplastic that can be used for bottles.

Lignin was long seen as impossible to break down usefully, but Bugg said: “Ten years on [from when I started], people are now saying it may well be possible.”

Lignin is a major waste product in paper and card manufacturing and is currently burned. “We shouldn’t be burning biomass, because we can make electricity and heat in more sustainable ways,” said McQueen-Mason. “But we don’t have any other source of the complex carbon chemistry we need to make the fuels, plastics and chemicals that currently come from petroleum.”

Prof Janet Scott, at the University of Bath, is tackling the problem of plastic microbeads, which have been banned from facewashes and other products in the UK and elsewhere. “We didn’t just put in microbeads into products for the heck of it,” she said. “You might have bought a skin exfoliant that had microbeads in to make it slightly rough and to make you glow and look gorgeous.”

Scott’s answer is to push dissolved cellulose – another tough plant material – through tiny holes and use chemistry to form the drops into tiny biodegradable beads.

Companies around the globe are working on bioplastics, including major players such as BASF, Novamont and DowDuPont, said Mines: “This is a global movement.”

Using food crops to make biofuels has been controversial as it may cause price rises, and there is wariness about using food to make plastics. But McQueen-Mason said the approach should not be dismissed: “You can produce as much sugar in North Yorkshire per hectare with sugar beet as they produce in São Paulo state in Brazil with sugar cane. Sugar beet is an incredibly effective crop in the UK and farmers love it.”

Some companies are currently using chicory and Jerusalem artichoke to make bioplastics, he said, because these contain fructose, which is closer to the chemicals required than the sucrose found in sugar beet.

Plastic has become ubiquitous not only because it is useful, but also because it is extremely cheap, and this presents the biggest challenge to bioplastics. People will pay a premium for some bioplastic products, such as biodegradable coffee pods that can composted, but Mines said: “I can’t predict if it will ever reach parity.”

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Iran Revolutionary Guards threaten cut oil exports US pressure

Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

  • Shortly after the Trump administration reaffirmed this week its threat to punish companies that buy Iranian crude, President Hassan Rouhani warned Tehran could soon disrupt oil shipments to neighboring countries.
  • Washington’s sanctions against Iran are set to be re-imposed on November 4.
  • International benchmark Brent crude traded at around $78.14 Thursday lunchtime, around 0.1 percent lower, while U.S. West Texas Intermediate (WTI) stood at around $74.48, up 0.4 percent.
Source :Sam Meredith | CNBC.com

Iran Revolutionary Guards threaten cut oil exports US pressure

Trump administration is hard-core on Iranian oil, says expert

Iran is threatening to dramatically ratchet up its response to the U.S., if President Donald Trump succeeds in halting crude sales from the Persian Gulf when sanctions snap back on the country.

Shortly after the Trump administration reaffirmed this week its threat to punish companies that buy Iranian crude, President Hassan Rouhani warned Tehran could soon disrupt oil shipments to neighboring countries.

Iran’s president did not elaborate on such plans, but the leading commander of Iran’s Revolutionary Guard, an elite branch of the military, said Wednesday that he would be prepared to enact any presidential orders to block exports of crude to the Gulf.

In a letter published on Islamic Republic News Agency (IRNA), Major-General Qassem Soleimani said: “I kiss (Rouhani’s) hand for expressing such wise and timely comments, and I am at your service to implement any policy that serves the Islamic Republic.”

Washington’s sanctions against Iran are set to be re-imposed on November 4.

Oil prices could climb ‘well into triple figures’

Iran, OPEC’s third-largest producer, has previously warned that it could close the Strait of Hormuz, a major oil shipping route for Persian Gulf nations to the Arabian Sea.

“Around 17 million barrels per day or 35 percent of all seaborne oil exports pass through the strategic waterway and, needless to say, such a move would propel oil prices well into triple figures,” Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note published Thursday.

A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018.

“Iran’s leadership is clearly adamant that the new situation created by the U.S. withdrawal from the nuclear pact will not go without consequences. This, in turn, should go a long way to ensuring that the geopolitical premium remains alive and well,” he added.

International benchmark Brent crude traded at around $78.14 Thursday lunchtime, around 0.1 percent lower, while U.S. West Texas Intermediate (WTI) stood at around $74.48, up 0.4 percent.

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Vienna meeting

In May, Trump withdrew the U.S. from a multinational deal under which sanctions on Iran were lifted in return for curbs to its nuclear program. That deal was verified by the International Atomic Energy Agency (IAEA).

However, after previously warning Trump of the “consequences” Washington would face for reviving fresh sanctions against Iranian crude, Rouhani has also said he is prepared to scale down the country’s cooperation with the United Nations’ nuclear watchdog.

“Iran’s nuclear activities have always been for peaceful purposes, but it is Iran that would decide on its level of co-operation with IAEA,” Rouhani was quoted as saying by IRNA on Wednesday.

Meanwhile, the EU has pledged to preserve the 2015 nuclear accord — without the U.S. — by trying to keep Iran’s oil and investment flowing. But the prospect of U.S. sanctions is thought to have made it very difficult for European officials to offer any guarantees to Tehran.

Foreign ministers from Russia, China, Britain, Germany and France will meet Iranian officials in Vienna on Friday to discuss how to keep the accord alive.

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Biodegradable plastic developed tree glue lignin useful chemicals

Biodegradable plastic developed from ‘tree glue’  Biodegradable plastic developed tree glue lignin useful chemicals

Plastic is notoriously difficult to recycle and only 12 percent of household waste is reprocessed.

PTI@moneycontrolcom
Biodegradable plastic developed tree glue lignin useful chemicals

Answer: Plastic Bags (Image: Reuters)

Scientists have found that a natural ‘tree glue’ which stiffens plant cells can be turned into a strong, biodegradable plastic. The natural glue called lignin holds cellulose fibres together.

Researchers from the University of Warwick in the UK genetically modified a bacteria called Rhodococcus jostii to turn lignin into useful chemicals.

There are only a small number of organisms that can break down lignin.

“Normally the bacteria uses it for growth, and breaks it down into small molecules which it uses as food to grow,” said Professor Tim Bugg from Warwick.

“So we are trying to intercept that process so it still can grow but it can do something for us at the same time,” Bugg was quoted as saying by ‘The Telegraph’.

“Because lignin is complex, as you break it down you get a complex mixture but what’s nice is with these bacteria they are able to funnel all this. We are hoping in five years that we will have something,” he said.

Plastic is notoriously difficult to recycle and only 12 percent of household waste is reprocessed. The rest is either burnt or goes to landfill.

Each year more than 300 million tonnes of plastic are produced globally, and 10 percent will end up in the sea.

It is estimated that there is now a 1:2 ratio of plastic to plankton and, left unchecked, plastic will outweigh fish by 2050.

Lignin is a byproduct of the paper making process. While it is useful in plants, it causes paper made of wood pulp to weaken and discolour quickly, and so it is removed.

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