Polyestertime

Thermoplastics Petrochemicals Packaging 15-06-2019

-China PP under pressure from trade war, new capacities

China’s polypropylene (PP)import and domestic markets face downwardpressure from prospects of supply glut and weakdemand, brought on by new capacities and thefallout in trade negotiations with the US.

Weak demand caused by escalatedUS-China trade war

Oversupply from new domestic andoverseas capacities

A market overview for first-half2019

Both import and domestic PP prices have beenfalling amid the US-China trade disputes, withdownstream demand hammered after the US slappedtariffs on $200bn in Chinese products from 10%to 25% as of 10 May.

Thermoplastics Petrochemicals Packaging

-The importance of sustainability in the supply chain

Transit packaging is a hidden cost when it comes to retail. It may seem like a simple problem but, in reality, it’s not that easy to solve. Aside from the initial cost of the materials and testing iterations, there’s also the cost of container optimisation – a challenge in itself when brands can have over 20,000 transit packaging options to their name. Once they have served their purpose, warehouse teams often cast aside the packaging remnants and send them to landfill – but what if retailers took a cyclical approach?

sustainability in the supply chain

-Cheaper sensors could speed more self-driving cars to market by 2022

The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-$500 lidar sensing package being developed by Silicon Valley startup Luminar.

The tremendous cost of lidar – prices for individual sensors currently range from about $6,000 to more than $100,000 – is one of the big stumbling blocks to the wide rollout of self-driving vehicles, whether in commercial delivery and robo-taxi fleets such as those being developed by Ford Motor and General Motors, or in passenger vehicles aimed at consumers. Thermoplastics Petrochemicals Packaging

Cheaper sensors could speed more self-driving cars

-Europe chems feel the pain of industrial slowdown,longer-term trends

While Europe’s economy continuesto expand, the slowdown in the manufacturingsectors is reducing demand for chemicals, withsome analysts forecasting that long-term trendsare only set to exacerbate this.

The 19-country eurozone is also suffering froma global slowdown in which Germany’s powerfulexport-oriented manufacturing sector has takena hit: the US-China trade war has indirectlycaused a slowdown for demand of Germanproducts, with the automobile sector being themain exponent of that. Thermoplastics Petrochemicals Packaging

Europe chems

-Resilience of Liquid Masterbatches Market to be sustained by Technological Advancements During 2022

Liquid masterbatches are used as a raw material in the processing of plastics in order to impart color or other special properties to the end product. There is an increased use of plastics the world over and this is driving the liquid masterbatches market along with a growing demand from end use sectors like automobiles, packaging and healthcare. The other factor propelling the growth of the liquid masterbatches market include increasing demand for colorful and innovative solutions from the luxury goods packaging industry.

Liquid Masterbatches Market

-So much plastic is being made that “recycling has no impact”

Recycling has been called a Band-Aid solution, but Dr. Max Liboiron, director of the Civic Laboratory for Environmental Action Research (CLEAR) in St. John’s, Newfoundland, had a far more poetic description when she said, “Recycling is like a Band-Aid on gangrene.”

Liboiron, who studies microplastics in waterways and food webs, is the subject of a 13-minute film called ‘Guts,’ created by Taylor Hess and Noah Hutton and published by the Atlantic  Thermoplastics Petrochemicals Packaging

recycling has no impact

-One of world’s largest bottle-to-bottle recycler tackles ocean plastic pollution with ocean-diverted material

As part of its closed-loop philosophy, CarbonLITE Industries, one of the world’s largest recyclers and producers of post-consumer PET (polyethylene terephthalate plastic) is launching a new category: 100% post-consumer ocean-diverted plastic. CarbonLITE’s newest offering will replace virgin materials for food, beverage, and cosmetic applications.  These products will have the dual benefit of reducing ocean plastics and the amount of virgin material produced.

bottle-to-bottle recycler

-Attack in Gulf of Oman lifts oil, shale outlook

New York, June 14 Shale producers stand to benefit from the oil-market volatility unleashed by an attack on two oil tankers in the Gulf of Oman, as US companies vie with the Organization of the Petroleum Exporting Countries (OPEC) for global market share, the media reported on Friday.

The incident near the Strait of Hormuz on Thursday, through which one-third of the world’s shipped oil passes, highlighted the risks associated with delivering oil from the Persian Gulf.

Attack in Gulf of Oman

-Coca-Cola to start building recycling facility this year

Coca-Cola Beverages Philippines Inc. (CCBPI) said on Tuesday the construction of its food-grade recycling facility would begin in the third or fourth quarter of the year and is expected to be completed by 2020.

“We are hoping to break ground this year and that [recycling facility] would be fully operational by 2020. Thermoplastics Petrochemicals Packaging

Coca-Cola to start building recycling

-Dover Digital Printing to Showcase New Technologies at ITMA

Downers Grove, Ill. – Dover Digital Printing, part of Dover, is announcing a range of new and enhanced products and technologies to be exhibited at the International Textile Machinery Association (“ITMA”) exhibition in Barcelona, Spain. Dover Digital Printing brands MS Printing Solutions, JK Group and Caldera will showcase new printing technology, specialized textile inks and the latest developments in raster image processor (“RIP”) software. Occurring once every four years, ITMA runs from June 20-26, 2019, and is recognized as the world’s foremost event for the textile and garment industries. Thermoplastics Petrochemicals Packaging

Dover Digital Printing

Thermoplastics Petrochemicals Compounds 14-06-2019

China – Polyethylene Terephthalate

PET and its chain continue to be  assessed mixed.

Crude oil continues its up/down.

Polyamide 6 and its chain are steady.

PET Bottle grade export 870/910 $/ton PET Bottle grade domestic market 6,950/7,050 yuan/ton PET Filament grade SD domestic market 6,450/6,550 yuan/ton – PET Filament grade BR domestic market 6,550/6,700 yuan/ton

PTA Taiwan 720/730 $/ton PTA domestic market 5,550/5,650 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,200/4,350 yuan/tonPX Korea 810/820 $/ton

Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Thermoplastics Petrochemicals Compounds

Crude Oil Prices Trend

Thermoplastics Petrochemicals Compounds

-NPP POLYPLASTIC wants to create a joint venture with Uzbek manufacturer of automotive components Uz-Koram 

NPP POLYPLASTIC, Russia’s largest manufacturer of thermoplastic composite materials, held talks with Uzbek-Korean manufacturer of automotive components Uz-Koram Co.  on the subject of cooperation, the press service of the enterprise.

The report said that in early June, the delegation of Uz-Koram Co. visited the headquarters of the leader of the Russian market of polymer compounds of NPP POLYPLASTIC.

Thermoplastics Petrochemicals Compounds

-Asian ethylene prices continue to journey south on Thursday

Ethylene prices in Asia dropped, for the second successive day, on Thursday. The price drop was triggered by persistent bearish regional buying sentiments coupled with plentiful product availability.
The price fall was further supported by weaker downstream PE demand and pricing trends.
Asian ethylene prices continue to journey south

-Vietnamese firms plan to penetrate Russian marketThermoplastics Petrochemicals Compounds

With the population of 143 million people, a GDP per capita approximating US$17,000 a year and the increasingly developing middle class which accounts for 10-25 percent, lots of Vietnamese firms have estimated that Russia is a highly lucrative, potential market for Vietnamese agricultural, forestry and fishery products, so they have been planning penetration into this market.

Firms like the Dakao Vietnam Company, that have stated that Russia is a new market in the cashew production and processing field. Formerly, Vietnamese firms majorly sold their products in the US,China and the Middle East. The company has been paying attention to market expansion and hopes that Russia will become a big market of the company. Thermoplastics Petrochemicals Compounds

Thermoplastics Petrochemicals Compounds

-Gebo AQFlex for FHPC

Capitalize on your product! AQFlex® supplies smooth single-lane conveying with full automatic changeover capability. Designed to fully respect fragile and premium containers, it gives you greater freedom to design attractive packaging shapes. An ideal solution for high-output production of unusually shaped or thin-wall containers!

Gebo AQFlex for FHPC

-Fujitsu pledges to reduce ocean plastic waste problem

Japanese multinational IT equipment and services company Fujitsu has announced plans to reduce its use of plastic in its business activities to help tackle ocean plastic waste.

Fujitsu’s pledge includes the withdrawal of plastic cups and straws and plastic-bottled drinks from its meeting spaces and café, and vending machines located on the company’s property. The vending machine bottled drinks will be gradually replaced with cans or paper cartons. The company said that this move will reduce the number of plastic bottles used from around seven million per year to zero.

ocean plastic waste problem

-Klöckner Pentaplast and Petcore Europe collaborate in recycling project

Klöckner Pentaplast (KP) recently ran a successful pilot as part of a Working Group with Petcore Europe to demonstrate that recycling post-consumer pots, tubs and trays made from PET from the domestic recycling stream can be used to manufacture more protective food packaging, creating a closed loop process for tray to tray recycling.

Thermoplastics Petrochemicals Compounds

-New Sustainable Fiber from Bottles at High Risk of Entering the Ocean

North Carolina based recycled fibre specialist, Unifi, has launched a new sustainable product dubbed REPREVE Our Ocean which is made from bottles collected within 50 kilometres of coastlines in countries or areas that lack formal waste or recycling systems. Thermoplastics Petrochemicals Compounds

North Carolina based recycled fibre specialist, Unifi, Inc. (NYSE: UFI), has launched a new sustainable product dubbed REPREVE Our Ocean™ which is made from bottles collected within 50 kilometers of coastlines in countries or areas that lack formal waste or recycling systems.

Unifi Launches Fiber Made From Ocean Waste for Greater Sustainability

-PET bottle resin prices start summer with a slump

It may be the start summer, when sales of cold beverages soar in North America, but prices for PET bottle resin aren’t rising with the temperatures.

Regional prices for PET bottle resin slumped an average of 3 cents per pound in May. The material remains in abundant supply, sources said.

Operating rates for PET resin as well as for paraxylene and MEG feedstocks remain low, sources said, making it difficult for producers to increase prices.

PET bottle resin

-Avantium targets 2023 opening for planned bioplastics plant and rebrands Synvina business.

“We expect that we need funding in place by the end of the next year of around €150 million, which is a combination of CAPEX, OPEX, start-up costs, working capital and running costs of this business until the plant is onstream.”

Dutch renewable chemicals company Avantium has announced that it has rebranded its Synvina business unit and is pressing ahead with plans to open its new bioplastics plant in 2023. Thermoplastics Petrochemicals Compounds

Avantium CEO Tom van Aken

-Mayer & Cie to show MJ 3.2 E electronic jacquard at ITMA13

Mayer & Cie (MCT) will display a mesh and body mapping specialist, the electronic single jersey machine MJ 3.2 E, at ITMA 2019, in hall H 8.0, booth C204. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. MCT is a leading international manufacturer of circular knitting machines from Germany.

Body mapping, like a similar structure, mesh, is much in demand in the sporting market segment. Athleisure is currently a key growth driver for circular knits. Mesh is a net-like hole pattern. A finer basic thread, usually a monofilament yarn, is responsible for the hole structure while the thicker plating thread – cotton for example – provides the requisite thick spots.

Mayer & Cie to show MJ 3.2 E electronic jacquard

-McDermott wins paraxylene technology contract in China

McDermott (MDR +2.6%) moves higher after saying it was awarded a sizeable technology contract from Ningbo Union King Polyester Material for the technology license, process design engineering and operator training for a large paraxylene plant in Ningbo, China. Thermoplastics Petrochemicals Compounds

McDermott paraxylene technology

-INVISTA AND KOCH-GLITSCH EXPAND PARTNERSHIP TO OFFER EXOS FUEL-REFINING TECHNOLOGY

INVISTA Performance Technologies (IPT; Wichita, Kan.; www.invista.com) and Koch-Glitsch (Wichita, Kan.; www.koch-glitsch.com), affiliates of Koch Industries Inc., announced today an expansion of their partnership to offer the proprietary ExoS technology to customers. The technology allows refineries to generate an olefin rich C6/C7 raffinate with less than 10 ppm sulfur that bypasses the FCC naphtha hydrotreater for direct blending.

-INVISTA AND KOCH-GLITSCH EXPAND PARTNERSHIP

-Achieving a circular economy begins with the proper sorting of plastic packaging

recycled plasticsA big problem that contributes to low recycling rates both in Europe and North America is the difficulty of sorting. At the consumer level, it requires looking for the triangular symbol, knowing if the local recycler takes all seven numbers or only a few of them, and which ones. If there were an easier way to sort recyclable products, recycling rates would certainly go up.

circular economy begins with the proper sorting of plastic packaging

Thermoplastics Petrochemicals Additives 13-06-2019

China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

Crude oil continues its up/down.

Polyamide 6 and its chain are steady.

PET Bottle grade export 870/910 $/ton PET Bottle grade domestic market 6,900/7,000 yuan/ton PET Filament grade SD domestic market 6,500/6,600 yuan/ton – PET Filament grade BR domestic market 6,550/6,700 yuan/ton

PTA Taiwan 720/730 $/ton PTA domestic market 5,450/5,550 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 810/825 $/ton

Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Thermoplastics Petrochemicals Additives

Crude Oil Prices Trend

Thermoplastics Petrochemicals Additives

-Eastman Launches Recycled Avra™ To Debut In Spring 2020 Performance Apparel  Thermoplastics Petrochemicals Additives 

Eastman Chemical Company announces Avra™ recycled performance fibers, transforming its existing performance fibers technology by producing with 100 percent post-consumer recycled PET material across the portfolio. This move underscores the company’s commitment to sustainability and moving towards a circular economy.

The new recycled Avra™ will offer the same quick drying times, wicking speeds and comfort as the brand’s previous virgin polyester product while helping reduce waste by upcycling post-consumer recycled PET bottles as feedstock for the fiber. This latest innovation from Avra™ will debut at the 2019 Outdoor Retailer Summer Market in Denver on June 18. Thermoplastics Petrochemicals Additives 

Thermoplastics Petrochemicals Additives

-Summit Plastics enhances sustainable plastic offerings

Company uses BioLogiQ’s NuPlastiQ bioPolymers and bioBlend resins.

Tom Nathanson, president and CEO of Mississippi-based Summit Plastics, has announced that the company is using BioLogiQ Inc.’s line of BioBlend XP and XD resins to produce a variety of more sustainable, polyethylene- (PE-) based products, such as trash can liners, courier bags, shrink film for boats, retail bags, industrial films and single wound sheeting.

These blended resins start with BioLogiQ’s NuPlastiQ BioPolymer, which is made from natural, renewable resources such as plants, and contains 100 percent USDA (United States Department) Certified Biobased content. When NuPlastiQ is combined with traditional polyolefins, the resulting BioBlend XP and XD resins reduce fossil fuel-based plastic usage and greenhouse gas generation, Summit Plastics says. XP resins are used primarily to produce PE-based films, while XD resins are used primarily to produce high-density-PE-based injection and blow molded parts and packaging.

sustainable plastic NuPlastiQ

-Quebec’s textile companies to participate in ITMA 2019

More than 30 companies and organisations from Québec’s textile and apparel sectors have joined forces to participate in a special mission to ITMA 2019, in booth #UL-D108. The most important international exhibition for technological innovations in manufacturing and textile and garment technologies will be held in Barcelona, Spain, from June 20-26, 2019.

The initiative, led by TechniTextile Québec, the CTT Group, the Fashion Cluster mode and the Workforce Sector Committee in Textile (CSMO Textile), will enable the companies to learn about the latest technological advances, according to a press release on the show. Thermoplastics Petrochemicals Additives 

Thermoplastics Petrochemicals Additives

-Europe PE, PP prices hold but lower upstream costs, US product could upend market

More polyethylene (PE) is expected to arrive in Europe in greater volume as capacities keep coming on stream in the US and elsewhere, particularly if trade flows continue to be affected by the US-China trade war.

– PE, PP prices supported by planned cracker outages

– Less-than-expected US PE arrives to Europe’s shores

– Lower upstream costs to influence sentiment

The extent of that US-origin PE influx, and the timing, will be key for European prices.

Most of the US’ new capacities are destined for export markets; while the destination of choice is Asia, political tensions on the back of the trade war, as well as the sheer volume of material coming on stream, mean that some of that material is bound to arrive in Europe.

Europe PE, PP

-Making Co-Innovation Count in the Chemical Industry

When AmSty, which produces polystyrene and styrene monomer, announced this spring that it is partnering with Agilyx on a joint venture that will fully recycle post-consumer polystyrene and turn it into new products, Brad Crocker, president and CEO of Texas-based AmSty, hailed the venture and the circular recycling process that underpins it as a step “toward a new future for plastics recycling.”

To take that step, the joint venture, Regenyx, will use a process developed by Oregon-based Agilyx to convert used polystyrene products like foam cups, foam packaging and single-use picnic items back to their original liquid form, styrene monomer.

Thermoplastics Petrochemicals Additives

-Government offers £4.7m to drive up plastics and textiles recycling

The UK generates around 2.4m tonnes of packaging waste a year and in 2015, around 300,000 tonnes of clothing were sent to landfill or incinerated

The government has launched a £4.7 million fund to help boost the recycling of plastic packaging and textiles.

Organisations in England are invited to apply for a share of the fund for innovative solutions to drive up recycling of hard-to-recycle materials such as plastic trays, pots and tubs, plastic films and pouches, as well as the recycling of textiles when they have reached the end of their life.

plastics and textiles recycling

-Scientists create bioplastic for food packaging that degrades in two years

It’s interesting that an article published in a prestigious publication like Phys.org would have scientific errors when it comes to plastics. I was astonished (in a negative way) when I read this headline of an article dated May 29, 2019: “Scientists create bioplastic for food packaging which degrades in two years.” Two years?

bioplastic for food packaging

-APR: Plastics recycling infrastructure needs help

Scene from the June 2019 APR meeting.Brands across the globe are announcing goals to use high levels of recycled plastic. But the companies that actually deliver PCR to the market are predicting a major hurdle: supply shortfalls.

At the June meeting of the Association of Plastic Recyclers (APR) last week, the group’s president said the wider recycling system in North America today simply isn’t robust enough to deliver enough high-quality recovered plastic to meet all of the recycled content hopes being outlined by consumer product giants.

“It would be like asking a 1979 Chevette to meet today’s EPA emission standards,” said APR’s Steve Alexander in his opening remarks at the event.Thermoplastics Petrochemicals Additives

Plastics recycling

-Post-consumer PET and HDPE prices remain stable

The price of natural HDPE seems to have leveled out at a historically low level, falling only 0.6% over the past month.

The national average price of post-consumer PET beverage bottles and jars remains constant at 15.42 cents per pound. Last month, the average trading price was 15.54 cents per pound. This time last year, PET was trading at an average of 17.11 cents per pound.

The price of post-consumer natural high-density polyethylene (HDPE) from curbside collection programs decreased this past month. The national average price is now 20.72 cents per pound, compared with 20.84 cents this time last month. One year ago, the national average for this grade was 37.69 cents per pound. By comparison, highs of 52.69 cents per pound occurred in October 2014. Thermoplastics Petrochemicals Additives

Post-consumer PET and HDPE prices remain stable

 

Thermoplastics Petrochemicals Sustainability 12-06-2019

China – Polyethylene Terephthalate

PET and its chain are weak,only Polyester filament are steady.

Crude oil is losing ground.

Polyamide 6 and its chain are steady.

PET Bottle grade export 870/915 $/ton PET Bottle grade domestic market 6,950/7,050 yuan/ton PET Filament grade SD domestic market 6,550/6,650 yuan/ton – PET Filament grade BR domestic market 6,600/6,700 yuan/ton

PTA Taiwan 720/735 $/ton PTA domestic market 5,450/5,550 yuan/tonMEG  520/535 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 855/865 $/ton

Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Thermoplastics Petrochemicals Sustainability

-Celebrating 10 years of pellet loss mitigation and contributing to the health of our oceans  Thermoplastics Petrochemicals Sustainability

Adela Putinelu, Sustainability Issues Executive at the British Plastics Federation, marks 10-years of Operation Clean Sweep, the international industry initiative to stop plastic pellet loss to the environment, with a special report looking at progress so far and next steps.

The health of our oceans is under increased threat from a suite of different anthropogenic activities with detrimental effects on marine ecosystems. Some of these include acidification, land runoff, overfishing and plastic waste pollution. Societal failure to tackle littering and to ensure effective waste management practices are in place has resulted in heightened levels of plastic waste from land-based sources escaping into the marine environment.

Thermoplastics Petrochemicals Sustainability

Crude Oil Prices Trend

Thermoplastics Petrochemicals Sustainability

-Avantium to build 5 ktpa FDCA, PEF flagship plant Thermoplastics Petrochemicals Sustainabilit

Avantium held its first Technology & Markets Day titled “Path to a fossil-free world” yesterday at the company’s headquarters in Amsterdam, the Netherlands. The management team provided an update on the strategy of Avantium and its technologies, including the strategy for Synvina and commercialization of PEF.

Avantium announced that it intends to build a cash-flow positive flagship plant with a planned annual capacity of 5,000 tons of FDCA (furandicarboxylic acid) and PEF (polyethylene furanoate) slated to start-up in 2023.  The plant will produce materials for high-value markets and performance applications such as high-barrier films and specialty bottles.

Thermoplastics Petrochemicals Sustainability

-Plastics Recyclers Europe releases plastic sorting guidance

Plastic packaging represents the biggest share of the European plastic demand and the waste generated and collected for recycling in Europe.

However, only 42 per cent of plastic packaging waste is recycled in Europe, highlighting the need for more sustainable and effective waste management practices.

In order to recapture the true value of packaging and regenerate it into high-quality products, the industry must focus on optimising current reprocessing practices. Increasing the amount and – more importantly – the quality of recycled output is directly affected by the quality of sorting practices.

Thermoplastics Petrochemicals Sustainability

-Plastics machinery shipments decline in first quarter

The shipments value of primary plastics machinery in North America declined in the first quarter of 2019, according to the statistics compiled and reported by the Plastics Industry Association’s Committee on Equipment Statistics.

While 2018 ended with strong plastics machinery shipments, 2019 has started soft, with the preliminary estimate of the shipments value from reporting companies totalling $273 million, 27.6 per cent lower than the fourth quarter of 2018.

Plastics machinery shipments

-Coca-Cola targets 100% collection, recycling of packaging by 2030

IN a bid to reduce plastic waste in the country, Coca-Cola Philippines introduced a road map towards packaging sustainability, which includes building a P1-billion recycling facility in the country.

This was in line with the company’s global campaign “World Without Waste” that started in 2018 that seeks to collect and recycle the same amount of plastic bottles it generates by 2030. Thermoplastics Petrochemicals Sustainability

“With our primary packaging in the Philippines being 100% recyclable, we see the potential of capturing its value by creating new and better approaches toward reprocessing and recycling recyclable plastic,” Coca-Cola Philippines President and General Manager Winn Everhart said in a statement.

Coca-Cola targets 100% collection, recycling of packaging

-BP: Petrochemicals Drive U.S. Oil Demand Boom

The United States saw its crude oil and liquids demand jump in 2018 at its fastest pace in over a decade on the back of growing petrochemical plant capacity that uses increased volumes of ethane from shale, according to BP.

U.S. oil demand grew by 500,000 bpd, or 2.5 percent, to 20.46 million bpd last year, S&P Global Platts quoted BP as saying in its 2019 Statistical Review of World Energy.

Production of oil and natural gas liquids (NGL) from shale plays in the United States rose by 2.2 million bpd in 2018, according to BP’s review. Thermoplastics Petrochemicals Sustainability

BP: Petrochemicals Drive U.S. Oil

-China vows to fight as US threatens to impose more tariffs

China will firmly respond and fight if the US insists on escalating trade frictions, while keeping its door open for talks to resolve the dispute, the Chinese foreign ministry said on Tuesday.

US President Donald Trump said on Monday that Washington may impose punitive tariffs on additional $300bn Chinese imports if no deal is reached with China President Xi Jinping during the G20 summit in late June.

Whether the two leaders will meet at the G20 forum in Osaka, Japan, “China no information to reveal so far”, Chinese foreign ministry spokesperson Geng Shuang said at a regular news briefing on Tuesday.

“China’s position on trade issues is very clear and firm. We don’t want to fight a trade war, but is not [afraid] of fighting the war,” he said.

China vows to fight as US threatens to impose more tariffs

-Weekly resin report: Spot PE, PP prices slide

Resin trading slowed a bit as we rolled into June: Offers were plentiful, prices were weaker and completed volumes tallied a tad below average, said the PlasticsExchange (Chicago) in its Market Update. A short-lived bull run in May was met with sharply lower energy and feedstock costs along with falling international resin prices, which has quickly shaken sentiment back to neutral, at best.

Spot polyethylene (PE) prices slid $0.01 to 0.02/lb last week, which threatens producers’ ability to implement their current $0.03/lb increase, though the April $0.03/lb increase remains intact. Spot polypropylene (PP) prices saw a similar decline last week, and the recent $0.045/lb cost-push increase enabled for May might already be peeled back in June. Resin export demand is strong, but at lower bids, which suppliers have not been eager to chase, at least not yet. Thermoplastics Petrochemicals Sustainability

Spot PE, PP prices slide

-Cyborg bacteria could be stored in local pools where family homes and businesses pump their CO2 waste to, suggest researchers.

Scientists have developed new organisms which can take carbon dioxide and nitrogen from the atmosphere and use it to produce plastics and fuels.

The nano-bio hybrid organisms are a “promising first step toward low-cost carbon sequestration” and eco-friendly plastics manufacturing, according to the University of Colorado.

Using light-activated quantum dots to activate special enzymes within microbial cells, the scientists have created “living factories” which eat harmful CO2.

This is then transformed into useful products such as biodegradable plastic, gasoline, ammonia and bio-diesel, the researchers claim.Thermoplastics Petrochemicals Sustainability

Cyborg bacteria could be stored in local pools where family homes and businesses pump their CO2 waste

-Argentina gets its first 100% recycled and recyclable dishwash bottle

In Argentina, consumers throw away around 12 million plastic bottles every day and yet less than a quarter of these get recycled. Our Cif brand is helping to tackle that problem with the launch of a 100% recycled and recyclable PET bottle.

“We believe that collective action is the only way to drive the transformational change needed to reach our sustainability goals.”

Since 2014, the brand has been working to incorporate more post-consumer recycled (PCR) PET* into its Cif Active Gel bottles. It reached 50% in 2017 and this year managed to achieve 100% in the packaging across the entire range.

Cif is the first dishwash brand in Argentina to put such an innovation on the supermarket shelves. But getting to this milestone wasn’t easy.

Argentina gets its first 100% recycled and recyclable dishwash bottle

-RadiciGroup Sustainability Team Recognised for Work Excellence by Confindustria Bergamo

On 7 June 2019, the Eccellenze al lavoro [Excellence at work] award ceremony promoted by Confindustria Bergamo, the chief manufacturing and service industries association in Bergamo, was held at the Fiera di Bergamo Exhibition and Trade Centre.

The event celebrated the workers of member companies as models of excellence for their professionalism and dedication to work.

This year, the 52 award recipients included the RadiciGroup Sustainability team, which was represented by some Group employees who received the award on stage.

In this year’s award ceremony, the 13th edition, recognition was given for the first time to work teams who were engaged in specific issues and distinguished by their talent, industriousness and capacity to innovate and share their knowledge and skills at work.

RadiciGroup Sustainability Team Recognised for Work Excellence by Confindustria Bergamo

Thermoplastics Petrochemicals PET Recycling 11-06-2019

China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

Crude oil is steady.

Polyamide 6 and its chain continue to be weak.

PET Bottle grade export 870/920 $/ton PET Bottle grade domestic market 7,000/7,100 yuan/ton PET Filament grade SD domestic market 6,550/6,650 yuan/ton – PET Filament grade BR domestic market 6,600/6,750 yuan/ton

PTA Taiwan 740/750 $/ton PTA domestic market 5,500/5,650 yuan/tonMEG  525/540 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 855/870 $/ton

Polyester POY 150D/48F  domestic market 7,450/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Thermoplastics Petrochemicals PET Recycling

Crude Oil Prices Trend  Thermoplastics Petrochemicals PET Recycling

Thermoplastics Petrochemicals PET Recycling

-The court began consideration of the bankruptcy of Nizhny Novgorod “Factory Auto Component” Thermoplastics Petrochemicals PET Recycling

The application of the POLYPLASTIC Research and Production Enterprise to declare Zavod Avtokomponent LLC bankrupt is accepted for consideration, the press service of the Scientific-Production Enterprise reported.

Earlier it was reported that on May 21, the Arbitration Court of Nizhny Novgorod accepted a claim for the introduction of bankruptcy proceedings against OOO TZK Avtokomponent.  The guarantee of the fulfillment of obligations under the supply agreement between NPP POLYPLASTIK and LLC TZK Avtokomponent was LLC Plant Avtokomponent.

Thermoplastics Petrochemicals PEt Recycling

-India to hold bilaterals with Russia, China on SCO sidelines; No talks scheduled with Pak

India will hold bilateral meetings with Russia and China on the sidelines of the Shanghai Cooperation Organisation (SCO) summit at Bishkek this week, the Ministry of External Affairs stated during a press briefing on Monday.

The bilaterals will take place when Prime Minister Narendra Modi is in the Kyrgyz capital of Bishkek to attend the meeting of Council of Heads of State (CHS) of SCO from June 13 to 14.

The MEA also revealed that India would be holding a meeting with host nation Kyrgyzstan on June 14.

ndia to hold bilaterals with Russia

-Santoni celebrates 100 years at ITMA

On the ground floor, a special pathway called Trend Area will visually accompany visitors, featuring innovative technologies and original uses. © SantoniSantoni was founded in 1919 as the first Italian socks machine manufacturer and in 1988 it became part of the Lonati group, a world leader in the production of sock and pantyhose machines. Since then, the company has lent its name to the Seamless phenomenon, becoming a leader in the production of electronic machines for garments without seams.

The company will celebrate its 100 years of technological revolution at ITMA 2019, which takes place from 20-26 June in Barcelona, showcasing its latest seamless circular knitting machines, together with sock knitting machines, large diameter fabric knitting machines, and process finishing technology.

Thermoplastics Petrochemicals PEt Recycling

-Carbon dioxide generated then recycled in polymerisation bicycle

Zinc catalyst links two polymerisation reactions to grow block copolymer

UK researchers have developed a new system that combines two polymerisation reactions to produce a block copolymer whilst recycling waste carbon dioxide from one reaction into the other, all using a single catalyst.

Aliphatic polyesters and polycarbonates are gaining attention as possible substitutes for petroleum-derived plastics. Biological and chemical transformations can produce their monomers from biomass, and it’s possible to combine these monomers to give diverse polymers with versatile physical characteristics. Thermoplastics Petrochemicals PET Recycling

Carbon dioxide generated then recycled in polymerisation bicycle

-Building partnerships for a world without waste in Africa

It’s clear that the world has a packaging problem. Plastic pollution, one of the most visible challenges of our time, is too big for any government, company or community to solve on their own.

However, we believe it is one we can conquer if we work together and each take responsibility for our part in the chain.

While food and beverage packaging is an important part of our modern lives, like many companies that make products we all love, The Coca-Cola Company recognises that our packaging has contributed to this global challenge.

Because our business relies on bottles and cans, we share a responsibility to help ensure that the world has a more sustainable packaging system in place.

Building partnerships for a world without waste in Africa

-New cotton-like polyester fabric for athleisure

Teijin Frontier, the Teijin Group’s fibres and products converting company, has developed a new cotton-like high-performance polyester material for athleisure fashion.

The new material has been developed to combine the look and texture of cotton with superior properties for moisture absorption, quick drying and UV protection.

Notably, the cotton-like features are achieved with polyester filament yarn, not a staple fibre. What’s more, Teijin Frontier’s new material is eco-friendly because it is made with recycled raw materials.

Thermoplastics Petrochemicals PET Recycling

-Crude oil rises on supply cuts, but weak economy holds market back

Slowing demand has also contributed to a slump into negative territory in refining profits for Asian naphtha, an important feedstock for the petroleum industry, to levels not seen in over a decade.

Singapore: Oil prices rose on Monday after Saudi Arabia said producer club OPEC and Russia should restrict supplies to current levels, while Washington’s withdrawal of a tariff threat against Mexico removed a cloud over the global economy. However, traders said concerns about the health of the global economy and the impact on fuel demand were still weighing on oil market sentiment.

Front-month Brent crude futures were at $63.61 at 0645 GMT, 32 cents, or 0.5%, above Friday’s close. US West Texas Intermediate (WTI) crude futures were at $54.32 per barrel, 33 cents, or 0.6%.

Crude oil opec

-Polyamide in E-Mobility Market: Inclination towards Thermally Stable Automotive Components Amplify Demand || Key Players: Teijin Limited, Flex-N-Gate, IAC Group LLC, Magna International, Toyoda Gosei Co. Ltd., Samvardhana Motherson Group, and Nifco Inc.

The report aims to offer readers with ample competitive advantage and cues on market entry barriers, based on which aspiring market entrants as well as established players can drive profitable investment discretion.

To aid readers’ understanding the report is systematically classified into detailed chapters.

In its trailing sections the report also includes a detailed chapter on segmental analysis of polyamide in e-mobility market to offer veritable insights on segments’ historical and future growth estimations.

Further in the course of the report readers are also enlightened about regional assessment of pivotal factors.

The report also entails a country-wise assessment and forecast estimations for polyamide in e-mobility market.

polyamide in e-mobility high temperature granules

-IBM Researchers Develop Radical New Recycling Process for Old Plastic

Currently, more than 272 million metric tons of plastic are produced each year around the globe, with one-quarter of that made up of PET.

To help to solve this big problem, IBM researchers have created a new technology called VolCat, a catalytic chemical process that can turn PET, a type of plastic commonly used in food packaging and polyester clothing, into a renewable resource.

The device has the ability to break down fabric made of a cotton and polyester blend. The machine will separate the two materials, spinning the natural cotton fibres into a ball, and breaking down the polyester into a powder.

Radical New Recycling Process for Old PlasticUpload Files

-Use of plastics in India growing, but nearly 80% PET bottles recycled

With recycling being the buzz word for sustainability, many brands of footwear and garments are now beginning to use polyester yarns made out of recycled PET bottles.

With the plastic menace extending from Mount Everest, the world’s highest peak, all the way deep into the oceans, there has been a global effort to make an attempt to formulate the best ways to recycle and reuse plastics.

According to official data shared by companies that recycle and reuse plastics, though India’s per capita plastic consumption is growing steadily, it is heartening to learn that nearly 80 per cent of the polyethylene terephthalate (PET) bottles, commonly used to package mineral water or juice, are collected and recycled. India, in this case, has even beaten the world’s most advanced countries like the US or even the European countries.

Use of plastics in India growing, but nearly 80% PET bottles recycled

Thermoplastics Petrochemicals Textile 10-06-2019

Polymers Petrochemical Nonwoven Prices Thermoplastics Petrochemicals Textile

Thermoplastics Petrochemicals Textile

Crude Oil Prices Trend

Thermoplastics Petrochemicals Textile

-Brexit on hold as UK’s Conservative party chooses new leader

The UK’s Prime Minister Theresa May is to officially step down on Friday, triggering a leadership contest in her Conservative party that will put Brexit plans on hold for up to two months.

In May, the Prime Minister announced she was to step down on 7 June, although she will remain as caretaker prime minister until her successor is appointed, a process that could take until the end of July.

May resignation was caused by her inability to convince the UK’s House of Common to approve the  Withdrawal Agreement agreed with the EU, which granted the UK an extension for the Brexit deadline, originally planned for 29 March.

Thermoplastics Petrochemicals Textile

-Navigating the fast-changing landscape of bioplastics and biomaterials

Edible seaweed pods that hold drinking water. Inedible banana leaves around perishable food. 3D printing from corn starch. Diapers made from eucalyptus wood.

Small and big companies looking to meet current buyer demand from consumers and retailers, swerve incoming regulatory levers and leverage recent technological innovations are pursuing new (but also, rather, incredibly old) solutions that downplay our reliance on petroleum-based plastics — alternatives that are sourced from plants.

The scope of the sources of these products is wide-ranging. In some cases — mostly for applications centered on packaging, consumer goods and some building materials — companies are seeking ways that fossil fuel-based plastics can be swapped out entirely for materials found in nature. In many “plant-based” products, though, the “plant” material is actually a form of bioplastic. Thermoplastics Petrochemicals Textile

bioplastics and biomaterials

-Suntory sets target of using only eco-friendly PET bottles

Plastic flakes, far right, are created by shredding collected plastic bottles and then turned into pellets, second from right, before being converted into a semi-finished product similar to a test tube and finally turning out as a plastic bottle on the far left. (Hiroki Hashimoto)

The parent company of one of the nation’s leading brewing concerns has set a goal of doing away with all PET bottles using plastic derived from fossil fuel-based materials by 2030. Thermoplastics Petrochemicals Textiles

Thermoplastics Petrochemicals Textile

-US imposes sanctions on Iran’s largest petchem group, PGPIC

The US Treasury Department has imposed sanctions on Persian Gulf Petrochemical Industries Co (PGPIC), Iran’s largest and most profitable petrochemical group, alleging that it has provided financial support to a construction firm of the Islamic Revolutionary Guard Corps, it said on Friday.

Iran, satellite image. Source: Planet Observer/UIG/REX/Shutterstock

In addition to PGPIC, the Treasury Department is also sanctioning 39 of its subsidiaries. In all, PGPIC and its subsidiaries account for 40% of Iran’s petrochemical capacity and 50% of its exports.Thermoplastics Petrochemicals Textile

US imposes sanctions on Iran's largest petchem group, PGPIC

-Planet Textiles gives ITMA new take on sustainability

The upcoming Planet Textiles Summit to be held at the ITMA textile technology exhibition, which expects over 100,000 visitors over 7 days, will hold three special breakout sessions that deal with some of the textile industry’s biggest and most persistent environmental problems.

Supply chain transparency, verifiable and measurable environmental data, hazardous chemical management, and denim – which in the past was the poster-boy for pollution and worker safety will all feature in Barcelona on June 22nd.

Planet Textiles gives ITMA new take on sustainability

-Solvay’s high strength LFT compounds used for world’s first all-plastic recyclable e-bike

Solvay has worked hand-in-hand with a Monaco-based company to develop a cutting-edge electric bike made entirely from plastic, and to introduce one of its newest high-performance polymers in the process.

The Stajvelo e-bike company was created by Thierry Manni in 2017, who wanted a stylish and environmentally sustainable bike. Thermoplastics Petrochemicals Textile

Solvay all-plastic recyclable e-bike

-Will China Change American Oil For Russian Oil?

With the steady increase in domestic consumption in China, the country now imports more than nine million barrels of American oil per day and even more natural gas.

So with the US closing the tap on Iran and starting a trade war, the solutions of a country as big as China could redraw the markets, according to the Financial Times.

Nick Butler, a member of the Policy Institute of King’s College London, explains to the Middle East Headlines News team that at present there are two tools that the United States uses to claim its power.

China Oil

-Bulls Beware: The 2020 Oil Market Is Quickly Turning Ugly

  • IEA set to publish its first forecast for next year on Friday
  • U.S. shale output and slower economy combine to weaken outlook

After half a decade of lower spending on new projects, oil production growth was supposed to slow to a trickle just as demand was supercharged by a once-in-a-generation shake up in the shipping fuel market. Many market commentators predicted that if $100 a barrel-oil was going to make a come back, it would happen in 2020.

Excitement is fading fast. The first official assessment of 2020 comes from the International Energy Agency on Friday, but a first look at forecasts from consultants and traders for supply and demand balances show persistent surpluses, not the deficit that was expected to underpin rising prices.

The culprits: rising shale production, a slowing global economy and the prospect of a deepening trade war.Thermoplastics Petrochemicals Textile

2020 Oil Market Is Quickly Turning Ugly

-Oil price to remain weak despite extension of cuts

For sure OPEC plus will decide to extend their production cuts of 1.2 million barrels during the upcoming meeting in Vienna.

This is because the overall situation does not look positive for oil growth, despite the loss of Iranian crude oil and Venezuela’s forced production cut of less than one million barrels. Even though the combination of the two countries amounts to more than two million barrels of net export, still the oil market did not move an inch upward. The price of oil has fallen by more than $13 per barrel, and there are indications that the price will weaken further to reach around $60 per barrel.

The main reason behind the weakening of the oil price is the excess availability of supply as well as the ongoing surge in USA shale oil production, which at $50 per barrel is ensuring good returns for its shareholders.

Thermoplastics Petrochemicals Textile

-Ford recycles 1.2 billion plastic bottles each year to make vehicle parts

When you recycle plastic bottles, do you ever stop and think about where that plastic ends up? One close answer could be cars and a Ford at that.

Ford Motor Company is helping to play a major role in promoting environmentally friendly auto parts, and one way it is doing that is by using recycled plastic bottles for underbody shields on all cars and SUVs, and wheel liners on F-Series trucks.

“The underbody shield is a large part, and for a part that big, if we use solid plastic, it would likely weigh three times as much,” said Thomas Sweder, design engineer, Ford Motor Company. “We look for the most durable and highest performing materials to work with to make our parts, and in this case, we are also creating many environmental benefits.”

Thermoplastics Petrochemicals Textile

-Sportswear giant set to tap Indian firm’s PET project to cut virgin plastic use

Discarded bottles are upcycled to make high-quality polyester filament yarn for Adidas products

Global sportswear giant Adidas aims at eliminating the use of virgin plastics in its products by 2024 — with a little help from a Maharashtra-based firm — the only one of its kind in the country to produce yarn out of discarded PET bottles.

At its first factory set up in Nashik five years ago, Polygenta Technology Limited deploys an unique technology to break down used PET (short for Polyethylene Terephthalate) bottles and convert them into polyester filament yarn.

The firm, with a capacity to convert 30 tonnes of PET bottles into yarn a day, plans to scale up capacity to around 100 tonnes a day in the next two years to meet demand from the likes of Adidas — one of its first clients.

portswear giant set to tap Indian firm’s PET project to cut virgin plastic use

Related Topics

-Thermoplastics Petrochemicals Nonwoven 08-06-2019

Thermoplastics Petrochemicals Nonwoven 08-06-2019

-Germany’s industrial output drops sharply in AprilThermoplastics Petrochemicals Nonwoven

Fresh data from Germany indicated on Friday that the country’s industrial production fell 1.9% month on month in April, a significantly larger decline than analysts had projected.

side from a modest 0.2% uptick in the construction sector’s growth, government statistics agency Destatis noted declines across all other industrial categories during the month, following a 0.5% month on month uptick in March.

Production of capital goods dropped 3.3% in April, while consumer and intermediate goods output also fell. Excluding energy and construction the overall slump deepened to 2.5%.

The bearish numbers represent “quite a setback” for Germany’s second-quarter economic growth hopes, according to think tank Oxford Economics, after a turbulent half-year for the country amid “horror-show” manufacturing sector performance.

Thermoplastics Petrochemicals Nonwoven

-Coca-Cola, partners set aside P1B for recycling facility in PHL

Coca-Cola Beverages Philippines Inc. on Friday announced its plans to invest P1 billion in a food-grade recycling facility in the Philippines in a bid to boost recycling in the country.

In a statement, Coca-Cola said the P1-billion investment represents the company’s first major investment in a recycling facility in South East Asia and is part of the company’s commitment to a “World Without Waste.”

The soft drinks bottler said it has engaged in discussions with potential partners, including a reputable local company and an internationally-recognized green technology partner in recycling to ensure that the positive impact of the facility will be total and far-reaching. Thermoplastics Petrochemicals Nonwoven

Thermoplastics Petrochemicals Nonwoven

-Xetma to display latest textile machinery at ITMA 2019

Xetma Vollenweider will be exhibiting at the ITMA 2019 in Barcelona, Spain, from June 20-26, 2019, in hall 2, stand C306+C307. ITMA is the leading international trade fair for textile machines and textile technologies. Xetma Vollenweider, from Germany, develops machine systems for the mechanical and resource-friendly textile and carpet surface finishing.

Under the banner of ‘Feel The Touch’, Xetma Vollenweider will be presenting their latest machine systems for the finishing of all types of textile surfaces at ITMA, the company said in a press release. Thermoplastics Petrochemicals Nonwoven

Thermoplastics Petrochemicals Nonwoven

-China and India Will Watch the West Destroy Itself

China and India will allow the West — led by the United States and the European Union — to destroy themselves through dysfunctional domestic and continent-wide politics.  This isn’t a Donald Trump or E.U. issue, but electorates having a vague understanding of how societies function, particularly when it comes to energy.

The “Green New Deal” is evident of that fact.  The plan has no chance of ever working under current technology and the taxpayer monies available — not to mention that the first “New Deal” was a failure.

China India Industry

-North American PP resin prices move up in May

After a flat month in April, North American polypropylene resin prices increased an average of 4 cents per pound in May.

The increase followed a similar rise for polymer-grade propylene monomer, which is used to make PP resin.

Prior to being flat in April, PP prices had dipped 3 cents in March. The March decline was the fifth consecutive monthly price drop for North American PP, with those declines totaling 24.5 cents.

In 2020, North American PP supplies will be impacted by the addition of almost 1 billion pounds of capacity by Braskem in LaPorte, Texas, and of 550 million pounds of capacity by Formosa Plastics Corp. USA in Point Comfort, Texas.

North American PP resin

-US Tronox confident on Cristal, despite Q1 accounting issue

US titanium dioxide (TiO2) major Tronox remains confident in its recently acquired Cristal TiO2 business despite a Q1 accounting issue, the CEO of the US-based producer said in an update on Thursday.

“Predominantly, what we have found with the Cristal business and the assets is what we expected, or better,” said CEO Jeffry Quinn in a webcast analysts’ call.

The acquired TiO2 assets were “high-calibre”, and “we are very confident of what we can do by adding these assets to our existing asset base”, he said

What surprised Tronox after completing the acquisition in April was that Cristal’s reported Q1 adjusted earnings before interest, tax, depreciation and tax (EBITDA) of $63m were higher than anticipated, and inconsistent with run rates of $19m in January and $13m in February. Thermoplastics Petrochemicals Nonwoven

US Tronox confident on Cristal

-FlexFilms’ Asclepius – Certified 90% PCR content BOPET films

In the past several years, FlexFilms has invested strongly in the research and development set up at its Kentucky plant in the Southern United States. We reported on some of the new films being developed by FlexFilms in our review of PackExpo in Chicago, where we met up with the young president of FlexFilms, Anantshree Chaturvedi. Recently, FlexFilms has come up with Asclepius – a new series of films based on 90% post-consumer recycled polyester. These films, which are under patent application, have been certified by Kingfisher. Details of the FlexFilms Asclepius series are given below. Meanwhile, we report on Naresh Khanna’s telephonic interview in which he resumed the conversation with Chaturvedi.

Naresh Khanna, editor of Packaging South Asia (hereafter NK) – Anantshree, when we met at PackExpo and talked about ‘green’ films, you said that the market was not ready for them in some respects and even the brand owners seemed reluctant to change over to new materials. Has the situation changed now?

BOPET Film

-ALPLA Caribe and Fortiflex form strategic alliance

ALPLA Caribe and Fortiflex Inc. signed a strategic alliance in 2018, thereby creating a contractual basis for an interim solution. The aim is to establish themselves as the preferred packaging producer in the Caribbean and in Central America.

ALPLA and Fortiflex first collaborated in 2017 in the wake of Hurricane Maria. ALPLA was able to get the power supply at its production plant in Guayama, Puerto Rico, back up and running quickly after the damage caused by the storm – unlike Fortiflex.

Richard Lisch, Regional Manager with ALPLA Caribe, said: „We were originally only meant to handle some of Fortiflex’s production temporarily, but a partnership that worked well developed between us, and we then made it official with our strategic alliance.“

ALPLA Caribe and Fortiflex

-Serac unveils BluStream cap sterilisation technology

A solution to the challenge of using chemicals in the sterilisation of caps has been developed by Serac. The packaging and filling equipment manufacturer’s BluStream technology offers sterilisation without the use of chemicals and high temperatures, which can often distort caps.

BluStream works via a low-energy e-beam treatment that can be administered at room temperature. The technology is capable of ensuring a six log bacteriological reduction in one second without any chemicals – making it efficient enough for aseptic packaging. The solution is intended for use on bottling lines of non-refrigerated and ESL 90 day beverages. Thermoplastics Petrochemicals Nonwoven

BluStream cap sterilisation technology

-Hyosung Launches creora ActiFit Spandex At 2019 Outdoor Retailer Summer Market

New High-Performance Fiber Engineered For Outdoor Endurance Sports Apparel

Seoul, Korea – Propelled by the craving for challenge and a healthier lifestyle, the popularity of outdoor endurance sports is on the rise. To help construct the best multi-sport apparel for endurance sports enthusiasts, Hyosung, the world’s largest spandex manufacturer, has developed new high-performance creora® ActiFit spandex, which the company will launch at the Outdoor Retailer Summer Market in Denver, June 18-20, 2019.

creora® ActiFit spandex provides the long-lasting durability, UV and chlorine resistance, and superior recovery required of cycling, swimming, triathlon and adventure racing apparel where athletes can encounter numerous environmental surroundings – whether it be salt water, intense sun or a rocky crag.

Hyosung Launches creora ActiFit Spandex

-The US has been isolated by Russia and China, says Russian President Putin at SPIEF

“The US is isolated by Russia and China.” That was the line that Russian President Vladimir Putin was taking as he met with China’s President Xi Jinping, who is the guest of honour at this year’s St Petersburg International Economic Forum (SPIEF) that kicked off on June 6.

China and Russia have been moving ever closer together as China’s relations with the US deteriorate, rapidly pushing the two erstwhile allies into the same corner. At the end of May Beijing accused the US of “naked economic terrorism” as US President Donald Trump winds up his trade war with China adding another $200bn of tariffs to Chinese goods. Moscow has been using the same phrase as the US imposes ever more painful sanctions on Russian business and businesspeople in the last year.

China and Russia Presidents

-Meccanoplastica incorporates hot fill across MiPET range

Meccanoplastica Ibérica has added the hot filling system to its commercial portfolio as an available option for its entire MiPET range of PET preform blowers.

The stretch-blow moulding technology division of the Meccanoplastica Group wants to offer efficient solutions to cover a wide range of production needs that would be economically unviable through many of the existing solutions in the market, which are only profitable for very high production.

Until now this option was only available in some models. However, the versatility and adaptability to the unique needs of each project and each client has always been one of the MiPET machinery characteristics. For this reason, the company considers that offering a hot filling system within the MiPet efficiency and quality parameters can help to increase the business lines of its customers and potential customers.

Meccanoplastica

-Devine Chemicals expands portfolio by launching first range of pigments

Devine Chemicals, a UK-based speciality chemicals distributor and manufacturer, has launched its first range of pigments.

The pigments are available in blue and green (symbol image). Image source: skeeze / Pixabay.

The pigments are available in blue and green (symbol image). Image source: skeeze / Pixabay.  Thermoplastics Petrochemicals Nonwoven

This is supposed to further strengthen the company’s diverse portfolio and help to cement its position as a leader in the speciality chemicals market.

The pigments are a range of phthalocyanines available in blue and green and are appropriate for both water-based and solvent-based applications. Tailormade for the coatings, inks and plastics markets, the pigments have been optimised to give UV stability, solvent fastness, light fastness and chemical resistance.

Devine Chemicals expands portfolio by launching first range of pigments

-Genomatica acquires selected assets of Renewable Energy Group to develop a wider range of renewable chemica

San Diego-based Genomatica, a technology leader for bio-based chemicals, has acquired certain assets of the REG Life Sciences division (REG LS) of Renewable Energy Group, Inc., the largest supplier of advanced biofuels in North America. Genomatica intends to use these assets to develop a wider range of sustainable chemicals which in turn are used to make numerous everyday materials and products.

The asset acquisition provides Genomatica with its third major product platform, allowing it to expand into household and industrial cleaning products, and flavors and fragrances, further growing its ingredients for the apparel, packaging and personal care markets.

Genomatica acquires selected assets of Renewable Energy Group

Avantium Technology & Markets Day:

“Entering the Commercialization Phase for PEF”

AMSTERDAM, 6 June 2019, 14:00 CET – Today Avantium hosts a Technology & Markets Day at its headquarters in Amsterdam, the Netherlands. The company will update the market on Avantium’s strategy and technologies, in particular that of the Synvina business unit and the commercialization of PEF, a 100% renewable and fully recyclable polymer.Thermoplastics Petrochemicals Nonwoven

-Avantium Strategy, Activities and Technologies

Avantium develops novel technologies based on renewable carbon sources as an alternative to fossil-based chemicals and plastics. Next to developing and commercializing renewable chemistry technologies, the company also provides advanced catalysis R&D services and systems to customers in the refinery and chemical industries. The company currently has three technologies at pilot and demonstration phase.

The most advanced technology is the YXY® plant-to-plastics–process that catalytically converts plant-based sugars into a wide range of chemicals and plastics, such as PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY Technology at its pilot plant in Geleen, the Netherlands. The second technology is the Dawn Technology™ that converts non-food biomass into industrial sugars and lignin in order to transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the DAWN pilot plant in Delfzijl, the Netherlands. The third technology is called Mekong and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol). Avantium is currently building a new demonstration plant for Mekong with an opening planned in Delfzijl by the end of the year.

Avantium Strategy, Activities and Technologies

Full press release in PDF

Thermoplastics Petrochemicals Automotive 07-06-2019

Crude Oil Prices Trend Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

-Plastic packaging: NGT asks expert panel to probe if more norms needed to restrict its use

The National Green Tribunal has set up an expert committee to probe whether there is a need for further norms to restrict plastic packaging of food products after a plea has sought a ban on it citing health and environment concerns.

A bench headed by NGT Chairperson Justice Adarsh Kumar Goel formed the panel which comprises representatives of Food Safety and Standards Authority of India, Bureau of Indian Standards, Central Pollution Control Board and Directorate General of Health Services.

“We are of the opinion that the question whether any further regulatory provisions are required on the subject of restrictions on the packaging by use of plastic material, after the steps already taken, and if so to what extent be examined by an Expert Committee comprising of the representatives of FSSAI, BIS, CPCB and DGHS.

Thermoplastics Petrochemicals Automotive

-‘Cork-a-tex yarn’ by Sedacor wins Techtextil Award

The project ‘cork-a-tex yarn’ – yarn with high incorporation of cork, was awarded with the Techtextil Innovation Award at the recently held Techtextil fair in Frankfurt. The project, a result of close partnership between the Portuguese cork and textile industry, won in the category ‘new material’, one of the 7 categories and considered most important prize.

The award ceremony took place together with the official opening of Techtextil and Texprocess 2019, organised by Messe Frankfurt Exhibition GmbH.

The ‘cork-a-tex yarn’ project was led by Sedacor (cork industry), together with Têxteis Penedo (textile industry), it also had the scientific and technical collaboration of CITEVE (Technological Center for Textiles and Clothing) and the Faculty of Engineering of the University of Porto. It also had the support of the Portuguese Government and the European Union. This is the first time that a Portuguese project has won this worldwide prestigious prize ever, said a press release from JPS Cork Group.

Thermoplastics Petrochemicals Biodegradability

-Coca-Cola establishes ‘Give Back Life’ PET Plastic Collection Centre in Biyagama

In line with World Environment Day 2019 Coca-Cola Beverages Sri Lanka Ltd. (CCBSL), through funding received by The Coca-Cola Foundation, launched its first ‘Give Back Life’ PET plastic Collection Centre in Delgoda, within the Biyagama Pradeshiya Sabha. With this project ‘Give Back Life’ intensifies its efforts to promote and inculcate the sustainable habit of recycling PET plastic amongst communities, and thereby enables the Biyagama town to have all their PET plastic collected for recycling.

Polyethylene terephthalate, commonly abbreviated as PET or PETE,  is any plastic with the number ‘1’ in the recycling logo on the package. It’s commonly used for water, cooking oil, dish wash, shampoo bottles, other beauty and personal care products and biscuit trays.Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Biodegradability

-Duvaltex to launch Clean Impact Textiles at NeoCon

Duvaltex, the market leader in North America for contract textiles, will introduce its new Clean Impact Textiles at NeoCan in Chicago from June 10. This innovation for commercial fabrics will address the daunting problem of how to deal with polyester fabric waste at the end of its useful life, offering both a biological and technical solution.

The three-day NeoCon will showcase commercial design’s response to technological advances, cultural change, and growing ecological consciousness.

This innovative technology allows Duvaltex to create high performance fabrics that are long-wearing in commercial interiors, but that can biodegrade in landfills and wastewater conditions at a rate similar to that of natural fibres (tested under ASTM D5511). This is achieved through the addition of a bio-catalyst in the yarn extrusion process that enables anaerobic digestion in landfill and wastewater treatment conditions.

Thermoplastics Petrochemicals Automotive

-Oil just tumbled into a bear market. Here’s why Trump’s trade war is to blame.

West Texas Intermediate crude oil has entered a bear market, down 21% from its April high.

Analysts say global growth fears, exacerbated by President Trump’s trade war, are to blame.

The commodity is still positive since the start of 2019, but its sharp downturn in recent weeks underscores the volatility geopolitical uncertainty has injected into global markets.

Thermoplastics Petrochemicals Biodegradability

-FENC buys into US recycling industry

Polyester giant Far Eastern New Century Corporation (FENC) has acquired US PET recycler Phoenix Technologies, a Texas-based company with annual capacity of 36,000 tonnes. Thermoplastics Petrochemicals Automotive

The deal, conducted through the company’s chemical fibre subsidiary APG Polytech USA Holdings, represents FENC’s latest investment project in North America after it purchased a plant in West Virginia and an R&D centre in Ohio in early 2018, and obtained approval to invest in a plant in Texas at the end of last year. Phoenix is the third production site FENC has acquired in the US over the last 18 months.

Thermoplastics Petrochemicals Biodegradability

-Fiat Chrysler withdraws proposed merger with Renault

Fiat Chrysler has withdrawn its proposal to merge with French automaker Renault — a deal that would have reshaped the global auto industry and helped the carmakers compete in the race for electric and self-driving vehicles.

The company said Wednesday that it “has become clear that the political conditions in France do not currently exist for such a combination to proceed successfully.”

Earlier in the day, Renault (RNLSY) said that the French government had requested its board of directors postpone the vote on the merger.

France, which owns 15% of Renault and is the company’s largest shareholder, had previously indicated that it would support a merger if the companies protected French jobs and auto plants. Thermoplastics Petrochemicals Biodegradability

Thermoplastics Petrochemicals Automotive

-Panel sees opportunities, difficulties ahead for UK biotech after Brexit

While the U.K. biopharma industry will likely continue to play a significant role on the global stage, it could have trouble attracting talent, while European firms prepare for a worst-case scenario.

Of the myriad questions that arise from the U.K.’s withdrawal from the European Union, one is the type of role the country will have in biotechnology and pharmaceuticals – in particular whether that role will be diminished or remain as significant as it is today.

At a panel discussion Wednesday at the Biotechnology Innovation Organization’s annual convention in Philadelphia, the predominant view was that the U.K. would continue to have a strong role globally in drug development, including cell and gene therapy, though it may diminish somewhat.

Brexit

-Toyota and Subaru to develop joint electric car platform

The two automakers will also co-develop a C-segment crossover based on the new EV platform.

Toyota and Subaru will jointly develop a new electric vehicle platform suitable for mid-size and large passenger cars, including sedans and crossovers.

It addition to this, the two Japanese automakers will also use the new EV architecture to develop a new C-segment crossover together, with each brand selling a version of this vehicle. Thermoplastics Petrochemicals Automotive

According to the two companies, the new platform will use Toyota’s electrification technologies, and Subaru’s all-wheel drive expertise. Both car makers will also shift all of their existing electric car development over to this new project.

Thermoplastics Petrochemicals Automotive

-Iran Is Too Smart to Go to War

There has been much belligerent rhetoric and saber-rattling between the Islamic Republic of Iran and the US of late – for example, the announced arrival of a US aircraft carrier to the Gulf area. Many analysts are speculating what will happen if war breaks out between the two.

Not so fast. If the Iranians have their way, they will make sure that tensions fall far short of war.

The leaders of Iran are certainly belligerent toward their neighbors — they harbor ambitions to dominate areas far beyond their borders, including Lebanon, Syria, Iraq, and Yemen — but they are not reckless. Thermoplastics Petrochemicals automotive

Iran

-Insulation meets fabric with PrimaLoft Next

PrimaLoft, a leader in advanced material technology, has introduced PrimaLoft Next, a brand new, innovative textile platform that combines the thermal advantages of insulation with the versatility of fabric.

PrimaLoft Next is designed to provide freedom for the design of garments that deliver lightweight warmth and breathability, without the bulk. The PrimaLoft Next Evolve Series is the first collection within this platform and will be on display at Outdoor by ISPO in Munich. Early adopter of the new innovation is the German outdoor brand Schöffel, having first products available on retail beginning summer 2020.

PrimaLoft Next

-Europe PP contracted volumes strong for June so far, all eyes upstream

Polypropylene (PP) demand for early June contracted volumes is good, but it is not clear how long this will last, given the sharp drop in naphtha prices in the past week.

– Strong June demand for contracted volumes so far

– Naphtha prices slump

– Smaller PP buyers destocking

VARIOUSNaphtha – a leading driver of propylene prices – has fallen around $100/tonne since mid-May, and PP players are counting on this impacting the July contract price if there is no rally. Thermoplastics Petrochemicals automotive

As naphtha prices are taken into account as one of the principal elements when discussing upstream monomer contracts, such a sizeable drop would be hard to ignore.

polypropylene

-Asia MEG slumps on heavy overnight losses in upstream crude market

Asia’s monoethylene glycol (MEG) spot discussions slumped on Thursday, following heavy losses in upstream crude market overnight and amid ongoing concerns over the US-China trade spat.

Offers for H1 June-arrival cargoes were at $523-525/tonne CFR (cost & freight) CMP (China Main Port) against bids at $523/tonne CFR CMP.

For H1/H2 July-arrival cargoes, offers were at $528-530/tonne CFR CMP against bids at $528/tonne CFR CMP.

MEG daily prices were last assessed on 4 June at $535-540/tonne CFR CMP.

Asia MEG

-‘Non-trivial dose’: Study tries to estimate human consumption of microplastics

New research suggests North Americans eat, drink and inhale tens of thousands of tiny plastic particles every year.

University of Victoria biologist Kieran Cox, whose paper was published Wednesday, says what his study shows most clearly is how little is known about the extent or impact of microplastics in people.

“The last thing I want to do is cause some sort of undue alarm over plastics,” he said.

“But even if we’re considering what I would call a pretty limited literature, we’re getting into hundreds of thousands (of particles) a year.

Microplastics

-HDPE prices slip in Asia

HDPE prices witnessed a fall this week in Asia. A week on week plunge in crude prices, a tumble in prices of naphtha and a steep fall in ethylene feedstock rates weighed down on Asian HDPE rates. A drop in regional buying interest also contributed toward the price fall. Thermoplastics Petrochemicals Automotive

In Far East Asia, HDPE film prices were assessed lower at the USD 980/mt levels, a week on week fall of USD 20/mt. HDPE blow moulding prices were at the USD 1010/mt levels, down USD 10/mt from the last week. HDPE injection prices were at the USD 920/mt levels, a sharp week on week fall of USD 30/mt. HDPE yarn prices were assessed lower at the USD 1000/mt levels, a drop of USD 15/mt on the week.

In South East Asia, HDPE BM prices were assessed at the USD 1030/mt levels, while HDPE yarn prices were also assessed at the USD 1030/mt levels, both down USD 10/mt from the last week. HDPE Injection prices were assessed lower at the USD 960/mt levels, a fall of USD 20/mt . HDPE film prices were assessed down at the USD 1030/mt CFR levels, a week on week drop of USD 10/mt.

HDPE

Thermoplastics Petrochemicals Bioplastics 06-06-2019

China – Polyethylene Terephthalate

PET and its chain continue to be weak.

Crude oil is steady.

Polyamide 6 and its chain are very weak.

PET Bottle grade export 860/915 $/ton PET Bottle grade domestic market 6,800/6,950 yuan/ton PET Filament grade SD domestic market 6,300/6,450 yuan/ton – PET Filament grade BR domestic market 6,400/6,550 yuan/ton

PTA Taiwan 740/750 $/ton PTA domestic market 5,350/5,450 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,150/4,300 yuan/tonPX Korea 815/825 $/ton

Polyester POY 150D/48F  domestic market 7,300/7,400  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,150/7,300 yuan/ton

Thermoplastics Petrochemicals Bioplastics

-Crude Oil Prices Trend  Thermoplastics Petrochemicals Bioplastics

Thermoplastics Petrochemicals Bioplastics

-Wolford launches stockings in regenerated nylon
For summer 2019 Wolford launches stockings in regenerated nylon from fishing nets and other materials recovered at sea.
Beautiful and sustainable.
Sustainability has different faces.
Fishnet tights made with the innovative Econyl are Wolford’s latest approach to a better world.
After developing the first Cradle to Cradle certified garments in the industry, the brand’s experts have created another idea: the Net tighs made with Econyl yarn, regenerated nylon from fishing nets and other materials recovered at sea.
Thermoplastics Petrochemicals Bioplastics

women underwear

-TOMRA offers a circular solution to the world’s plastic problem Thermoplastics Petrochemicals Bioplastics

With global recycling rates for plastic disastrously low compared with other materials, it’s up to technology-led companies to create a circular economy through sustainable collection, sorting and recycling

In recent years, there has been a huge shift in attitudes towards waste and recycling, with new regulations and targets being set by policymakers and governments alike. At the heart of these discussions is the need to create a circular economy – one that ensures countries handle resources in a sustainable and effective way. This is particularly true of plastic, which, despite being the workhorse of the global economy, is often produced and disposed of unsustainably.

The sheer amount of plastic used around the world each year is staggering: since plastic production entered the mainstream in the 1950s, more than 8.3 billion tonnes have been produced, 6.3 billion tonnes of which is now regarded as plastic waste.

Thermoplastics Petrochemicals Bioplastics

-Canada to host the 2020 World Circular Economy Forum Français

Canadians know that we need to find new ways to reduce our waste and use our resources more efficiently. When we don’t properly recycle and reuse materials, letting them become landfill instead, it is economic value we are throwing away.

The Minister of Environment and Climate Change, Catherine McKenna, and the Minister of Innovation, Science and Economic Development, Navdeep Bains, today announced that Canada will host the 2020 World Circular Economy Forum (WCEF2020), in partnership with Finnish Innovation Fund, Sitra. Canada has already started building a circular economy that benefits people, the economy and the environment.

Thermoplastics Petrochemicals Bioplastics

-Aquafil acquires O’Mara for US40.5 million

Aquafil is a pioneer in the circular economy with its Econyl regeneration system. © Aquafil Aquafil, a leading Italy-based specialist in the production of Polyamide 6 (nylon 6), has finalised the acquisition of 100% of O’Mara for a total of US$ 40.5 million. The deal was completed through the Group’s US subsidiary, Aquafil USA.

O’Mara, founded in 1970, produces nylon, polypropylene and polyester fibres mainly in solution-dyed colours in its plant based in Rutherford College, NC. In 2018, O’Mara reported a turnover of $US 40.1 million, with margins in line with those of Aquafil Group.

“O’Mara’s identity and market positioning are fully consistent with those of Aquafil Group,” the company reports. “This compatibility accelerates the globalisation process of the textiles business, with positive consequences for Econyl and Dryarn products as well.” O’Mara will provide access to a broader product range, thereby driving further development of the US market in the sectors of athletic apparel, hosiery, fashion and accessories. Thermoplastics Petrochemicals Bioplastics

As a result of the production activity in the USA, the Group will also benefit from the trade agreements between the US federal government and certain Central and South American countries (CAFTA), which allow for exemptions from US tariffs on apparel produced in the latter countries using yarns of US origin.

Thermoplastics Petrochemicals Bioplastics

-BBC covers biodegradable bioplastics made from cactus juice.

“My idea is to produce a plastic from natural ingredients and substitute it for some of the plastics we use today.”

The BBC has shone a spotlight on a Mexican researcher who has discovered a way to produce biodegradable bioplastic from cactus juice.

Sandra Pascoe, who is based at the Mexican University of the Valley of Atemajac (Univa [@SistemaUNIVA]), used the most common variety of edible nopal cactus to make the bioplastic.

The plastic is made out of the sugars (monosaccharides and polysaccharides) of nopal juice. The sugars, pectin and organic acids in the juice give it a very viscous consistency. Thanks to the viscosity, a solid and flexible material can be produced.

Thermoplastics Petrochemicals Bioplastics

-Toray’s New Nylon Textile Offers Improvements In Water Repellency And Durability With A Lower Environmental Burden

Toray Industries, Inc. announced that using a proprietary composite spinning technology called NANODESIGN®, Toray Industries has created a new nylon textile, one that delivers high water repellency despite using a DWR treatment with a lower environmental cost.

The textile’s structure has microscopic slits running lengthwise on the yarn. Water repelling treatments fill these slits below the outside diameter of the yarn, also making the treatment more abrasion-resistant. This results in two benefits:

The construction enables the textile to use C6 water repellents, which are normally insufficient for outdoor sports and

The textile provides more resistance to abrasion, which is a leading contributor to diminishing DWR performance. Thermoplastics Petrochemicals Bioplastics

Thermoplastics Petrochemicals Bioplastics

-How much Indorama paid for a U.S. PET processor

Earlier this year, global plastics producer Indorama Ventures acquired reclaimer Custom Polymers PET. Financial filings show the deal was worth $30 million.

A recent filing from Indorama, a publicly traded company headquartered in Bangkok, shows the business paid 954.7 million Thai baht, which is worth nearly $30.5 million today, to acquire Custom Polymers PET.

With a plant in Athens, Ala., Custom Polymers PET is capable of producing up to 68 million pounds of RPET flake and food-grade pellets per year. It’s Indorama’s first bale-to-flake plant in the U.S., and it’s located close to one of Indorama’s nine U.S. production facilities.

Thermoplastics Petrochemicals Bioplastics

-LyondellBasell and Braskem end merger talks

Petrochemical firms LyondellBasell and Braskem have jointly ended talks over a potential merger, with the former insisting that its appetite for growth and investment remains strong.

Braskem’s controlling shareholder Odebrecht is looking to offload the company, which is valued at around $13 billion, and LyondellBasell seemed keen to establish a manufacturing stronghold in Brazil, where Braskem dominates.

Analysts suggest that there were a number of complications in the deal, not least that Braskem failed to a file a 2017 annual report with the US Securities and Exchange Commission, and was subsequently delisted from the New York Stock Exchange. The Brazilian firm was embroiled in a corruption scandal in 2017 that also involved state-owned Petrobras. There are also suggestions that Braskem may be culpable for environmental and geological damage caused by its salt mining operations in Brazil, which could lead to substantial costs. Thermoplastics Petrochemicals Bioplastics

Thermoplastics Petrochemicals Bioplastics

-Rare earths battle looms as U.S. aims to counter China threat

In this December 30, 2010, file photo, workers use machinery to dig at a rare earth mine in Ganxian county in central China’s Jiangxi province.

The US and China are heading for a standoff over critical minerals used in everything from washing machines to military hardware.

The US Commerce Department on Tuesday promised “unprecedented action” to ensure that the US won’t be cut off from supplies of rare earths, a group of 17 obscure but vital elements whose production is dominated by China. The Department’s release of a report outlining steps to ensure supply came hours after the Asian nation’s top state economic planning body said it’s studying proposals to establish export controls on the materials.

Thermoplastics Petrochemicals Bioplastics

-Mondi boosts recycled flexible packaging project

Mondi Group has created a proof-of-concept prototype flexible plastic pouch incorporating a minimum of 20 per cent PCP originating from mixed household waste.

Mondi accelerates efforts to create flexible packaging from post-consumer recycled plastic.

As part of the Mondi-led ‘Project Proof’ facilitated by the Ellen MacArthur Foundation, the company’s commitment to the Ellen MacArthur New Plastics Economy Initiative focuses on designing products in line with circular economy principles.

Mondi will now develop the prototype further to ensure it can be rolled out as a commercially viable product for its multinational FMCG customers. This will support Mondi’s work as a signatory of the New Plastics Economy Commitment to ensure a minimum of 25 per cent of post-consumer waste is incorporated across all its flexible plastic packaging where food contact regulations allow by 2025.

Thermoplastics Petrochemicals Bioplastics

-Unilever Launches New Pigment For Polyethylene Bottles

Unilever has launched the new black pigment for high-density polyethylene (HDPE) bottles that will make them detectable by recycling plant scanners and sorting machinery. The new pigment will be launched by TRESemmé and Lynx and will allow the sorting and recycling of an extra 2,500 tonnes of plastic bottles. The company has mentioned that apart from launching the bottles, it will also introduce at least 30 percent recycled content into TRESemmé and Lynx packaging. Conventional black plastic bottles that are reinforced with carbon black pigments are difficult to detect with the help of sorting machines in recycling plants as they tend to absorb the near infra-red (NIR) light used for sorting.

Thermoplastics Petrochemicals Bioplastics

Thermoplastics Petrochemicals PET Resin 05-06-2019

China – Polyethylene Terephthalate

PET and its chain are always weak.

Crude oil is steady.

Polyamide 6 and its chain are also weak.

PET Bottle grade export 870/920 $/ton PET Bottle grade domestic market 6,950/7,100 yuan/ton PET Filament grade SD domestic market 6,400/6,550 yuan/ton – PET Filament grade BR domestic market 6,500/6,650 yuan/ton

PTA Taiwan 740/750 $/ton PTA domestic market 5,400/5,500 yuan/tonMEG  530/540 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 820/830 $/ton

Polyester POY 150D/48F  domestic market 7,300/7,400  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,150/7,300 yuan/ton

Thermoplastics Petrochemicals PET Resin

-Crude Oil Prices Trend  Thermoplastics Petrochemicals PET Resin   Thermoplastics Petrochemicals PET Resin

-Argex Titanium and China’s ECEC sign engineering agreement

Argex Titanium says it has signed a long term strategic cooperation agreement with East China Engineering Science and Technology Co, located in Hefei, China, to provide access to engineering skills to address the rapidly expanding Chinese demand for titanium dioxide (TiO2). Thermoplastics Petrochemicals PET Resin

ECEC is, according to Argex, one of the largest engineering procurement and construction (EPC) companies in China and has built over 2,000 plants across a range of chemical products. “It also specialises in bringing new innovation to market with its strong and very large engineering capabilities,” Argex said.

Thermoplastics Petrochemicals PET Resin

-Asia ACN falls for first time since mid-Jan; supply to stay tight

Asia’s acrylonitrile (ACN) prices fell for the first time since mid-January, weighed down by weak performance of downstream markets, even as supply is expected to remain limited due to ongoing and upcoming plant turnarounds.

In the week ended 31 May, spot ACN prices dropped by $50-70/tonne from the previous week to $1,950-2,000/tonne CFR (cost & freight) NE (northeast) Asia, according to ICIS.

Thermoplastics Petrochemicals PET Resin

-China chemicals will suffer more as trade war intensifies

As the US-China trade war intensifies, China chemical markets will suffer further falls in margins and pricing, according to an ICIS consultant.

In a podcast interview (see foot of story) senior ICIS consultant, John Richardson, said that the ramping up of the trade war is hurting confidence amongst China’s domestic consumers as well as export-oriented manufacturers.

There is evidence that Chinese polyethylene (PE) converters are moving to other Asian markets such as Vietnam where they can set up production plants in just two months to avoid trade war tariffs, he added.

On 1 June China ramped up tariffs on $60bn of US imports from 5%-10% up to 5%-25%.Thermoplastics Petrochemicals PET Resin

Thermoplastics Petrochemicals PET Resin

-Texfelt launches new eco-engineered underlay

Texfelt’s Springbond underlay is trying to combat the eight million tonnes of plastic that fill our oceans every year. © Texfelt

Texfelt’s Springbond underlay is trying to combat the eight million tonnes of plastic that fill our oceans every year. © Texfelt

In a bid to give plastic bottles and other single-use plastics a new lease of life, Texfelt, a British manufacturer, has launched an environmentally friendly luxury carpet underlay, which could see flooring retailers help customers re-use 180 plastic bottles per roll of underlay they buy.

Thermoplastics Petrochemicals PET Resin

-The interplay between size and valence state on the antibacterial activity of sub-10 nm silver nanoparticles

Silver nanoparticles (AgNPs) have attracted enormous interest because of their excellent antibacterial properties, low cytotoxicity and limited evidence for resistance. As a general trend, smaller nanoparticles are considered to have stronger antibacterial activity. In this work we investigate whether this trend is valid for the sub-10 nm region by designing and synthesising three types of sub-10 nm AgNPs (1.87, 2.93 and 6.53 nm) to reveal the influence of size, valence state and structure on the antibacterial potency of AgNPs.

-Reifenhäuser: ‘The world of plastics needs to change’ to improve sustainability

Ulrich Reifenhäuser, chief sales officer of German extrusion lines manufacturer Reifenhäuser Group, says plastics industry players, including those within the Germany machinery trade group VDMA, are working to tackle the growing plastic waste issue.

Part of that requires “a comprehensive change of awareness in society” to tackle the growing plastic waste issue, he said.

Thermoplastics Petrochemicals PET Resin

-Norner and Sibur work on formula for success

Petrochemical firm Sibur has joined forces with Norwegian R&D company Norner to cooperate in product development and polymer recycling at the former’s new PolyLab.

PolyLab will foster the use of recycled materials and the application of polymers in a circular economy. To this end, samples of new PE and PP grades will be transformed at the centre’s pilot manufacturing lines into pipes, medical goods, films, food packaging, canisters and other products.

Norner has already worked with Sibur on several projects for the last seven years but will nowjointly develop new product solutions and optimise polymer stabilising formulas. These will include innovative green polymer grades, catalysis testing, as well as new chemical and technical recycling technologies.

Thermoplastics Petrochemicals PET Resin

-Ohio PET reclaimer acquired by Asian plastics giant

Far Eastern New Century has bought Phoenix Technologies, marking the latest instance of a large plastics manufacturer deepening its stake in U.S. recycling.

A major producer of both recycled and virgin PET, Taiwan-based Far Eastern New Century (FENC) announced the acquisition on June 3. Phoenix has a Bowling Green, Ohio plant capable of producing up to 80 million pounds of recycled PET each year for food and drink packaging and other markets.

“Due to the strong demand for green products in the U.S. market, this acquisition is targeting to meet the sustainable development goals from FENC’s downstream global beverage brand and consumer product clients,” according to the press release.

NPP POLYPLASTIC automotive components

NPP POLYPLASTIC wants to create a joint venture with Uzbek manufacturer of automotive components Uz-Koram NPP POLYPLASTIC automotive components 

NPP POLYPLASTIC automotive components

MOSCOW – NPP POLYPLASTIC, Russia’s largest manufacturer of thermoplastic composite materials, held talks with Uzbek-Korean manufacturer of automotive components Uz-Koram Co.  on the subject of cooperation, the press service of the enterprise.

The report said that in early June, the delegation of Uz-Koram Co. visited the headquarters of the leader of the Russian market of polymer compounds of NPP POLYPLASTIC. NPP POLYPLASTIC automotive components 

The parties discussed the prospects for the development of cooperation, as well as the possibility of creating a joint venture.  In the near future, new car production facilities should appear in Uzbekistan, including the international concerns Peugeot-Citroen and Volkswagen.  This will allow creating additional sales markets for the Russian compounder.

“The industry of Uzbekistan is constantly developing and needs high-quality raw materials. Given the high export potential of the composite POLYPLASTIC, we are very interested in developing cooperation with the Uzbek side,” said Pavel Kruglov, director of Polyplastic Trading House, following the talks.

Earlier it was reported that NPP POLYPLASTIC plans to increase the sales volume of composite materials to 100 thousand tons per year.  To achieve these indicators, in addition to actively promoting polymer materials to the domestic market, the company plans to significantly increase exports.

Uz-Koram Co is engaged in the production of dimensional components for the automotive industry of Uzbekistan.NPP POLYPLASTIC automotive components 

NPP “POLYPLASTIC” specializes in the production of thermoplastic composite materials and polymeric raw materials for processing by the method of injection molding, injection molding and extrusion.  The company is the largest supplier of composite materials and polymer raw materials in Moscow and other cities of Russia, annually increasing its production volume by 10-12%.  It has more than 35% of the Russian market of composite polymer materials for engineering and technical purposes.

mrcplast.ru

Author:   Anna Larionova

Russia Bankruptcy Factory Auto

The court began consideration of the bankruptcy of Nizhny Novgorod “Factory Auto Russia Bankruptcy Factory Auto

Russia Bankruptcy Factory Auto

MOSCOW – The application of the POLYPLASTIC Research and Production Enterprise to declare Zavod Avtokomponent LLC bankrupt is accepted for consideration, the press service of the Scientific-Production Enterprise reported.

Earlier it was reported that on May 21, the Arbitration Court of Nizhny Novgorod accepted a claim for the introduction of bankruptcy proceedings against OOO TZK Avtokomponent.  The guarantee of the fulfillment of obligations under the supply agreement between NPP POLYPLASTIK and LLC TZK Avtokomponent was LLC Plant Avtokomponent. Russia Bankruptcy Factory Auto

Due to the fact that the obligations to pay for the goods were not met either by the main debtor (OOO TZK Avtokomponent) or by the guarantor (OOO Zavod Avtokomponent) NPP POLYPLASTIK also applied to the court for insolvency (bankruptcy) LLC Plant Automotive Component. ”

The court hearing to verify the validity of the application is scheduled for July 1.

In September 2017, NPP POLYPLASTIC completely stopped shipments to its largest consumer, OOO TZK Avtokomponent.  The company reported that at such an extreme measure it was forced to go long overdue debts of the plant “Avtokomponent”, which at that time amounted to about 90 million rubles.Russia Bankruptcy Factory Auto

The company notes that attempts to settle the issue of debt settlement through negotiations were not successful, and the payment agreements reached earlier were not fulfilled.  At the moment, the amount of outstanding debt is more than 100 million rubles.Russia Bankruptcy Factory Auto

NPP “POLYPLASTIC” specializes in the production of thermoplastic composite materials and polymeric raw materials for processing by the method of injection molding, injection molding and extrusion.  The company is the largest supplier of composite materials and polymer raw materials in Moscow and other cities of Russia, annually increasing its production volume by 10-12%.  It has more than 35% of the Russian market of composite polymer materials for engineering and technical purposes.

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemical Nonwoven Prices

Polymers Petrochemical Nonwoven Prices

Polymers Petrochemical Nonwoven Prices

Polyestertime Polymers Petrochemical Polyester Prices

ITEM03/06/201910/06/2019+/-
Bottle grade PET chips domestic market7,100 yuan/ton7,100 yuan/ton
Bottle grade PET chips export market925 $/ton920 $/ton-5
Filament grade Semidull chips domestic market6,575 yuan/ton6,550 yuan/ton-25
Filament grade Bright chips domestic market6,650 yuan/ton6,625yuan/ton-25
Pure Terephthalic Acid PTA domestic market5,435 yuan/ton5,610 yuan/ton+175
Pure Terephthalic Acid PTA export market765 $/ton745 $/ton-20
Monoethyleneglycol MEG domestic market4,280 yuan/ton4,275 yuan/ton-5
Monoethyleneglycol MEG export market536 $/ton528 $/ton-8
Paraxylene PX FOB  Taiwan market854 $/ton86 $/ton+6
Paraxylene PX FOB  Korea market835 $/ton841 $/ton+6
Paraxylene PX FOB EU market738 $/ton747 $/ton+9
Polyester filament POY 150D/48F domestic market7,475 yuan/ton7,425 yuan/ton
50
Recycled Polyester filament POY  domestic market7,200 yuan/ton7,000 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market9,200 yuan/ton9,150 yuan/ton-50
Polyester filament FDY 68D24F domestic market 8,500 yuan/ton8,550 yuan/ton+50
Polyester filament FDY 150D/96F domestic market8,050 yuan/ton8,000 yuan/ton-50
Polyester staple fiber 1.4D 38mm domestic market7,350 yuan/ton7,230 yuan/ton-120
Caprolactam CPL domestic market11,950 yuan/ton11,800 yuan/ton
-150
Caprolactam CPL overseas  market1,580 $/ton1,450 $/ton-130
Nylon6 chips overseas  market1,810 $/ton1,810 $/ton
Nylon6 chips conventional spinning domestic  market12,900 yuan/ton12,800 yuan/ton-100
Nylon6 chips  high speed spinning domestic  market13,100 yuan/ton12,800 yuan/ton-300
Nylon 6.6 chips domestic  market26,800 yuan/ton26,500 yuan/ton-300
Nylon6 Filament POY 86D/24F domestic  market15,800 yuan/ton15,300 yuan/ton-500
Nylon6 Filament DTY 70D/24F domestic  market18,700 yuan/ton18,200 yuan/ton-500
Nylon6 Filament FDY  70D/24F  domestic  market16,700 yuan/ton16,300 yuan/ton-400
Spandex 20D  domestic  market38,000 yuan/ton38,000 yuan/ton
Spandex 30D  domestic  market37,000 yuan/ton37,000 yuan/ton
Spandex 40D  domestic  market31,500 yuan/ton31,500 yuan/ton
Adipic Acid domestic market7,900 yuan/ton7,800 yuan/ton-100
Benzene domestic market4,500 yuan/ton4,575 yuan/ton+75
Benzene overseas  market617 $/ton618 $/ton +1
Ethylene South East market830 $/ton720 $/ton-110
Ethylene NWE  market1,199 $/ton1,198 $/ton-1
Acrylonitrile ACN  domestic market14,400yuan/ton14,000 yuan/ton-400
Acrylonitrile ACN  overseas market2,050 $/ton2,000 $/ton-50
Acrylic staple fiber ASF  domestic market17,500 yuan/ton17,400 yuan/ton-100
Viscose Staple Fiber VSF  domestic market11,300 yuan/ton11,200 yuan/ton100
PP Powder domestic market8,150 yuan/ton8,250 yuan/ton+100
Naphtha overseas market  502 $/ton458 $/ton
-44
Phenol domestic market 8,000 yuan/ton8,000 yuan/ton
PS Taiwan 5250 GPPS1,235 $/ton1,225 $/ton-10
PS Taiwan 8250 HIPS1,300 $/ton1,300 $/ton
LDPE CFR Far East 972 $/ton972 $/ton
LLDPE CFR Far East931 $/ton922 $/ton-9
LDPE   FOB Middle East959 $/ton959 $/ton
LLDPE FOB Middle East919 $/ton909 $/ton9-10
HDPE CFR Far East979 $/ton979 $/ton
LDPE FD Northwest Europe 1,133 €/ton1,103 €/ton-30
LLDPE FD Northwest Europe 1,093 €/ton1,083 €/ton-10
Homopolymer PP CFR Far East1,060 $/ton1,029 $/ton-11
Homopolymer PP FD NWE1,221 €/ton1,211 €/ton-10

Wolford stockings regenerated nylon

Wolford launches stockings in regenerated nylon

Source : By FRANCO LORENZON

Wolford  stockings regenerated nylon

 women underwear

For summer 2019 Wolford launches stockings in regenerated nylon from fishing nets and other materials recovered at sea.

Beautiful and sustainable.
Sustainability has different faces. Fishnet tights made with the innovative Econyl are Wolford’s latest approach to a better world.

After developing the first Cradle to Cradle certified garments in the industry, the brand’s experts have created another idea: the Net tighs made with Econyl yarn, regenerated nylon from fishing nets and other materials recovered at sea.

In principle: the history of Econil begins in Italy where the Aquafil group, leader in the reproduction of polymers and Nylon6, has its headquarters.

Their mission is “to play a fundamental role in the development of new sustainable models”, which led to the birth of the Econyl brand.

To create new fibers from regenerated nylon from landfill waste and from those abandoned at sea, they have developed a completely new process and machinery.

Collecting used nylon, separating it from the other ingredients and generating new yarns, thus highlighting not only the problem of waste of resources but also that of environmental pollution and recycling.

We love stockings, and the ocean is full of potential raw materials.

The Econyl yarn creates high quality fibers for the products so loved by the company’s consumers starting from regenerated nylon.

In Wolford, through the Aquafil Regeneration Process, regenerated nylon “is reborn” in tights with a trendy style, without seams and with exceptional quality. What is the thing we like most about this new product?

The fact of supporting a wonderful initiative like WORLD OCEAN DAY which is celebrated on June 8th, and helping the great environmental system to recover, for a world that goes beyond the next season.
And what do you think of this important sustainability initiative but above all of these new super fashion socks that are worn and remember the charm and beauty of the sea?

Thermoplastics Petrochemicals Recycling 04-06-2019

 

China – Polyethylene Terephthalate

PET and its chain begin again to show a downward trend,with exception of MEG.

Crude oil   is weak.

Polyamide 6 and its chain continue to show a downward trend.

PET Bottle grade export 870/920 $/ton PET Bottle grade domestic market 7,000/7,100 yuan/ton PET Filament grade SD domestic market 6,450/6,550 yuan/ton – PET Filament grade BR domestic market 6,550/6,650 yuan/ton

PTA Taiwan 740/750 $/ton PTA domestic market 5,400/5,500 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 830/840 $/ton

Polyester POY 150D/48F  domestic market 7,350/7,450  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Thermoplastics Petrochemicals Recycling

Crude Oil Prices Trend

Thermoplastics Petrochemicals Recycling

-INEOS steps into Middle East with $2bn Saudi Arabiainvestment plan Thermoplastics Petrochemicals Recycling 

INEOS is to take its first stepsinto Middle Eastern production, with plans for$4bn of downstream production units in SaudiArabia by 2025, the Switzerland-headquarteredpetrochemicals producer said on Monday.

The company hasagreed to develop three new world-scale plantsin the country, including the firstacrylonitrile (ACN) capacity in the MiddleEast, the company said.

Representing a diversification beyond INEOS’ traditional Europe and US operational base, theunits  will be developed as part of thecracker and petrochemicals projetc beingdeveloped in Jubail by Total and Saudi Aramco.

Thermoplastics Petrochemicals Recycling

-Amcor Evolves High-Barrier Packaging with New Recyclable Material

There is an urgent need to address packaging waste, a challenge that is widely acknowledged by the packaging industry, brands, and consumers. The desire is there, but the challenge has been finding solutions. A new material now makes recycling an option for previously hard-to-recycle high-barrier packaging.

Packaging plays a vital role in protecting food and medicines and avoiding product waste, yet the packaging that provides the highest levels of protection is often the most difficult to recycle. Recognising this challenge, Amcor’s R&D team set to work. The result is a new solution for high-barrier packaging that is recyclable yet still preserves sensitive products.

Thermoplastics Petrochemicals Recycling

-Asia naphtha falls below $500/tonne on supply glut, oil priceslide

Asia’s naphtha pricesextended their downward spiral on the back ofweakening oil prices and a persistent supplyglut, as cargo deals fetch deeper discounts.

Open-specification naphtha prices forsecond-half July delivery stood at$467.25/tonne CFR (cost & freight) Japan inthe morning session on Monday.

Spot prices were down by some 7% from theclosing in Asia on 31 May, ICIS data showed. Thermoplastics Petrochemicals Recycling  Thermoplastics Petrochemicals Recycling 

Thermoplastics Petrochemicals Recycling

-Saudi Arabia’s Falih says OPEC focused on market stability

Saudi Arabia’s energy minister Khalid al-Falih is confident the OPEC alliance will “do what is needed to sustain market stability beyond June,” signaling the 24-member oil exporters coalition may continue its policy of production cuts amid global economic concerns and volatile crude oil prices.

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The coalition’s 1.2 million b/d output reduction deal is up for review at the end of the month, but the date for the next OPEC/non-OPEC meeting to decide whether to roll over the agreement is still up in the air.

Thermoplastics Petrochemicals Recycling

-Chinaplas: DuPont showcases sustainable innovations

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

DuPont’s bio-based material is DuPont Zytel RS polyamide, which is made from castor oil – this brings the smart functionalities of Roborock Vacuums to life.

Thermoplastics Petrochemicals Recycling

-What are European countries doing to tackle plastic waste?

Despite some promising efforts to address the growing problem of plastic waste like banning plastic shopping bags or straws, specific prevention targets for different plastic waste are still not widespread in Europe, according to a European Environment Agency (EEA) assessment published today. Only nine countries have explicit targets in place for plastic waste prevention.

The EEA report ‘Preventing plastic waste in Europe,’ provides a state-of-play of plastic waste prevention in Europe.

It mapped and analysed efforts across EEA Member Countries to address plastic waste generation through prevention measures. The assessment says that prevention of the most environmentally harmful plastic types, such as single-use plastics and non-recyclable plastic products should be prioritised. Thermoplastics Petrochemicals Recycling 

Thermoplastics Petrochemicals Recycling

-Benetton to use 100% sustainable cotton by 2025

By 2025, 100 per cent of the cotton used by Benetton Group will be sustainable, either organic or recycled or will be sourced from Better Cotton Initiative (BCI) farmers.

Always committed to reducing the environmental footprint of its activities, Benetton Group, a member of the BCI since 2017, has already started the transformation process.

In 2018, organic cotton – cultivated according to the strict principles of bio-cultivation, free from GMOs and with a reduced environmental impact – represented 4.7 per cent of all the cotton garments produced by the company.

Thermoplastics Petrochemicals Recycling

-Itema to showcase new innovations at ITMA 2019

Itema, the Italian global provider of best-in-class weaving solutions, will showcase new innovations on the ITMA fair to be held from June 20-26 at Barcelona, Spain. The recently launched Itematech by Itema, a new division dedicated to technical textiles born as a result of agreement signed with PTMT, will display 3 stands and 11 weaving machines.

At the fair, seven machines will be displayed along with special products highlights in the Itema booth including two absolute new market launches, a never-before-seen weaving insertion concept and a series of weaving novelties, said Itema in a press release.

Thermoplastics Petrochemicals Recycling

-Polyethylene for high-quality flexible packaging and recyclable laminates

Two new performance polyethylene polymers for high-quality flexible packaging, and recyclable full PE laminated packaging solutions were introduced by ExxonMobil at Chinaplas 2019.

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

Thermoplastics Petrochemicals Recycling

-US crude slips to nearly 4-month low, settling at $53.25, as trade fears persist

Key Points

Saudi Arabia indicates that OPEC and other oil producers will continue managing global crude supplies to avoid a surplus.

Concern that a U.S.-China trade war and threats of tariffs on Mexico from Washington would diminish global crude demand weighs on oil prices.

The prospect of a cut in Norway’s oil and gas output if workers go on strike from June 4 also supports prices.

Oil futures ended the session lower after back-and-forth trading on Monday, as Saudi comments indicating OPEC would extend supply cuts supported prices, while concerns that U.S. tariffs on China and Mexico would hurt demand weakened crude market sentiment.

Thermoplastics Petrochemicals Recycling

Henan Kaixiang Chemical PolybutyleneTerephthalate

Henan Kaixiang Chemical PolybutyleneTerephthalate

Henan Kaixiang Chemical will close Henan’s PBT plant in early June due to poor market conditions 

Henan Kaixiang Chemical PolybutyleneTerephthalate

Chinese company Henan Kaixiang Chemical plans to stop production at a polybutylene terephthalate (PBT) plant in Yima (Yima, Henan Province, China) in early June due to an unfavorable market situation, ICIS reported.

At present, it is not yet known how long this enterprise with a capacity of 100 thousand tons of PBT per year will stand idle. Henan Kaixiang Chemical PolybutyleneTerephthalate

Earlier it was noted that this plant operated at full capacity in May.  So, in early May, the company brought the capacity utilization to 100%, and before that, on April 15, Henan Kaixiang Chemical lowered the utilization rate to 50% for economic reasons.

Polybutylene terephthalate (PBT) is a structural thermoplastic material that is used in mechanical engineering, automotive industry, electrical engineering and electronics, radio engineering, life.  technology and consumer goods.

Henan Kaixiang Chemical Co., Ltd.  produces and sells methanol, as well as other derived petrochemical products.  The company was founded in 2004 with headquarters in Yima (Yima, China). Henan Kaixiang Chemical PolybutyleneTerephthalate

mrcplast.ru

Author:   Margarita Volkova

Related Topics

-Sinopec reduced May contractual MEG prices in East China for CNY350 per tonne Sino

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polyestertime Polymers Petrochemical Polyester Prices

ITEM27/05/201903/06/2019+/-
Bottle grade PET chips domestic market6,950 yuan/ton7,100 yuan/ton-150
Bottle grade PET chips export market940 $/ton925 $/ton-15
Filament grade Semidull chips domestic market6,600 yuan/ton6,575 yuan/ton-25
Filament grade Bright chips domestic market6,675 yuan/ton6,650 yuan/ton-25
Pure Terephthalic Acid PTA domestic market5,620 yuan/ton5,435 yuan/ton-185
Pure Terephthalic Acid PTA export market790 $/ton765 $/ton-25
Monoethyleneglycol MEG domestic market4,350 yuan/ton4,280 yuan/ton-70
Monoethyleneglycol MEG export market533 $/ton536 $/ton+3
Paraxylene PX FOB  Taiwan market874 $/ton854 $/ton-20
Paraxylene PX FOB  Korea market855 $/ton835 $/ton-20
Paraxylene PX FOB EU market770 $/ton738 $/ton-32
Polyester filament POY 150D/48F domestic market7,500 yuan/ton7,475 yuan/ton
25
Recycled Polyester filament POY  domestic market7,300 yuan/ton7,200 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market9,250 yuan/ton9,200 yuan/ton-50
Polyester filament FDY 68D24F domestic market 8,500 yuan/ton8,500 yuan/ton
Polyester filament FDY 150D/96F domestic market8,000 yuan/ton8,050 yuan/ton+50
Polyester staple fiber 1.4D 38mm domestic market7,580 yuan/ton7,350 yuan/ton-230
Caprolactam CPL domestic market12,100 yuan/ton11,950 yuan/ton
-150
Caprolactam CPL overseas  market1,625 $/ton1,580 $/ton-45
Nylon6 chips overseas  market2,000 $/ton1,810 $/ton-190
Nylon6 chips conventional spinning domestic  market13,300 yuan/ton12,900 yuan/ton-400
Nylon6 chips  high speed spinning domestic  market13,700 yuan/ton13,100 yuan/ton-600
Nylon 6.6 chips domestic  market27,000 yuan/ton26,800 yuan/ton-200
Nylon6 Filament POY 86D/24F domestic  market16,400 yuan/ton15,800 yuan/ton-600
Nylon6 Filament DTY 70D/24F domestic  market19,400 yuan/ton18,700 yuan/ton-700
Nylon6 Filament FDY  70D/24F  domestic  market17,300 yuan/ton15,700 yuan/ton-1,600
Spandex 20D  domestic  market38,500 yuan/ton38,000 yuan/ton-500
Spandex 30D  domestic  market37,500 yuan/ton37,000 yuan/ton-500
Spandex 40D  domestic  market32,000 yuan/ton31,500 yuan/ton-500
Adipic Acid domestic market7,900 yuan/ton7,900 yuan/ton
Benzene domestic market4,450 yuan/ton4,500 yuan/ton+50
Benzene overseas  market626 $/ton617 $/ton -9
Ethylene South East market900 $/ton830$/ton-70
Ethylene NWE  market1,148 $/ton1,199 $/ton+51
Acrylonitrile ACN  domestic market15,400 yuan/ton14,400 yuan/ton-1,000
Acrylonitrile ACN  overseas market2,100 $/ton2,050 $/ton-50
Acrylic staple fiber ASF  domestic market17,400 yuan/ton17,500 yuan/ton+100
Viscose Staple Fiber VSF  domestic market11,500 yuan/ton11,300 yuan/ton-200
PP Powder domestic market8,375 yuan/ton8,150 yuan/ton-225
Naphtha overseas market  529 $/ton502 $/ton
-27
Phenol domestic market 7,813 yuan/ton8,000 yuan/ton+187
PS Taiwan 5250 GPPS1,245 $/ton1,305 $/ton+60
PS Taiwan 8250 HIPS1,310 $/ton1,310 $/ton-30
LDPE CFR Far East 987 $/ton972 $/ton-15
LLDPE CFR Far East947 $/ton931 $/ton-16
LDPE   FOB Middle East974 $/ton959 $/ton-15
LLDPE FOB Middle East934 $/ton919 $/ton9-15
HDPE CFR Far East994 $/ton979 $/ton-15
LDPE FD Northwest Europe 1,153 €/ton1,133 €/ton-20
LLDPE FD Northwest Europe 1,121 €/ton1,093 €/ton-28
Homopolymer PP CFR Far East1,090 $/ton1,060 $/ton-30
Homopolymer PP FD NWE1,221 €/ton1,221 €/ton

Polymers Petrochemical Polyester PricesPolymers Petrochemical Polyester PricesPolymers Petrochemical Polyester Prices

Thermoplastics Petrochemicals Textiles 03-06-2019

Thermoplastics Petrochemicals Textiles

Polymers Petrochemical Polyester Prices

Thermoplastics Petrochemicals Textiles

Crude Oil Prices Trend

Thermoplastics Petrochemicals Textiles

-Henan Kaixiang Chemical will close Henan’s PBT plant in early June due to poor market conditions 

Chinese company Henan Kaixiang Chemical plans to stop production at a polybutylene terephthalate (PBT) plant in Yima (Yima, Henan Province, China) in early June due to an unfavorable market situation, ICIS reported.

At present, it is not yet known how long this enterprise with a capacity of 100 thousand tons of PBT per year will stand idle.

Earlier it was noted that this plant operated at full capacity in May.  So, in early May, the company brought the capacity utilization to 100%, and before that, on April 15, Henan Kaixiang Chemical lowered the utilization rate to 50% for economic reasons.

Thermoplastics Petrochemicals Textiles

-Asia Polymer to boost EVA output, capitalizing on prices

Plastic material maker Asia Polymer Corp (亞聚), a subsidiary of USI Corp (台聚), is to switch production lines from low-density polyethylene (LDPE) to ethylene-vinyl acetate (EVA), as EVA prices show stability.

EVA is used in foam rubber for sneakers, casual shoes and solar panel film, while LDPE is used in plastic bags, plastic containers and computer components.

Asia Polymer Corporation

-Australian firm gets oxo-biodegradable trademark

A small Australian company has received approval for the nation’s first certified trademark for oxo-biodegradable plastic products.

Alex Andrews established Melbourne-based OxoPak Pty. Ltd. to certify oxo-biodegradable plastic products.

“There’s a lot of misleading information out there,” he said.

Andrews first lodged applications for four certified trademarks for OBP products in 2017. But the Canberra-based, Federal Government-operated Australian Competition and Consumer Commission rejected all four in November 2018.

Thermoplastics Petrochemicals Textiles

-Committee issues food-contact recycling decisions

A European panel approved the use of two technologies to recycle post-consumer PET into food and drink packaging, but it rejected a third application, citing inadequate decontamination testing.

The decisions were made by the Panel on Food Contact Materials, Enzymes and Processing Aids (CEP), which is part of the European Food Safety Authority (EFSA).

In the European Union, recycled plastics and additives can only be used in food and beverage packaging if they’re first reviewed by EFSA for safety. Recycling companies submit applications to individual countries, which apply to the EFSA on their behalf.

Thermoplastics Petrochemicals Textiles

-Companies offer PET-recycling-friendly labels

A labels provider is selling a pressure-sensitive label that cleanly separates and floats during the PET recycling process. Meanwhile, a chemical company unveiled two recycling-friendly shrink sleeve label products.

Pressure-sensitive offering

Lightning Labels, which prints labels for manufacturers, announced on May 14 it is selling CleanFlake Labels, a material provided by Avery Dennison.

Pressure-sensitive labels can prove problematic in the PET recycling process when their adhesives fail to separate from plastic, inks bleed and facestocks sink with PET flakes.

CleanFlake, which can be used on bottles or thermoforms, uses a water-based adhesive that cleanly separates from the PET flakes in the hot caustic wash, according to a press release from Lightning Labels. The label then floats in the float-sink tank, the inks won’t bleed, and the adhesive won’t disperse into the PET.

Thermoplastics Petrochemicals Textiles

-U.S. To Sanction Iranian Oil Buyers Without Exception

The United States will sanction any country that tries to buy Iranian oil after the sanction waivers expired on May 2, regardless of whether said country had reached its negotiated cap under the exemptions, the U.S. Special Representative for Iran, Brian Hook, said, clarifying earlier comments that resulted in speculation that the U.S. would allow countries that hadn’t reached their cap of Iranian imports to continue buying oil from Iran until they reach that cap.

“Our firm policy is to completely zero out purchases of Iranian oil — period,” Hook told Bloomberg News in a statement on Thursday.

Thermoplastics Petrochemicals Textiles

-ITMA 2019 Exhibitor Preview: DORNIER

modern weaver faces many challenges: Digitalization is advancing deeper and deeper into the fabric of the production chain, sustainability requirements are growing more demanding, new employees and experienced technicians are thin on the ground. Flexibility in manufacturing is turning into an existential question. At the upcoming ITMA, DORNIER will present answers to these trends – in the form of the latest weaving machines and weaving solutions.

When the subject of sustainability is raised, businesses are often called upon to take the lead. Lindauer DORNIER is doing precisely that, as enshrined in one of our seven guiding principles: “We strive to design and manufacture our products so that they are as safe and environmentally compatible as possible.” This commitment was formulated by the company founder, Peter Dornier over three decades ago.

Thermoplastics Petrochemicals Textiles

-Mideast petrochem producers need to get a move on

Their lower cost base should be used to tackle competing US exports

Middle East petrochemicals producers have enjoyed decades of market leadership, but now have to adapt to new competition from the US and the Middle East’s own client base in Asia. How can the historic epicentre of fossil fuels sharpen its competitive edge?

For now, the Middle East dominates global polyethylene (PE) exports, controlling around 80 per cent of supply going into Asia and around 60 per cent into Europe. The region is expected to remain the largest global PE supplier in terms of net export trade, with S&P Global Platts Analytics expecting the region’s surplus to hold at around 12 million metric tons (mt) in 2019 and move to 16.9 million mt by 2029 — a staggering 40 per cent climb.

Thermoplastics Petrochemicals Textiles

-CRUDE OIL PRICES (JUNE 2)

Crude oil prices were stable on Sunday (June 2) compared to the previous close.

The price of Brent oil was $61.99 and US WTI crude was $53.50.

The Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led allies agreed on December 7 to slash oil production by more than the market had expected.

They decided curb output from January by 0.8 million barrels per day versus October levels while non-OPEC allies contribute an additional 0.4 million bpd of cuts, in a move to be reviewed at a meeting in April.

OPEC, Russia, and several other producers began to reduce supply in January 2017 in an attempt to erase a glut. They have extended the pact until December 2018.

Crude Oil

-ITMA Sustainable Innovation Award finalists unveiled

Barcelona – CEMATEX, the European Committee of Textile Machinery Manufacturers, has unveiled the finalists of the second ITMA Sustainable Innovation Award.

The award comprises two categories: ITMA Industry Excellence Award which celebrates the collaboration of ITMA exhibitors and their customers, and the ITMA Research & Innovation (R&I) Excellence Award for Master’s students of R&I Pavilion exhibiting institutions.

Mr Fritz P. Mayer, President of CEMATEX, and one of the judges of the Industry Excellence Award said: “CEMATEX launched the ITMA Sustainable Innovation Award in 2015 as part of its ongoing efforts to recognise outstanding industry members and post-graduate students for their contributions to the sustainable development of the global textile and garment industry.”

Thermoplastics Petrochemicals Textiles

Candiani SPA Denim

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

A specially designed twin-screw extruder in the SANITIZED AG TecCenter has allowed even faster development of new masterbatch combinations and the manufacture of test amounts of polymers with individual antimicrobial additives.

This investment especially allows the targeted, customer-specific development of antimicrobial masterbatch qualities in nearly any type of polymer.

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

Thermoplastics Petrochemicals Textiles

Thermoplastics Petrochemicals Automotive 01-06-2019

-Smart materials and wearable technology at Techtextil

A subtle shift is happening in discussions around smart materials and wearable technology, with a focus moving to developments in threads and yarn and a concerted push to address some of the roadblocks to scaling up production – such as greater integration. The Techtextil trade show held from 4-7 May at Messe Frankfurt is a barometer of such shifts attracting researchers from academia as well as yarn, fabric and machine manufacturers and of course the brands that ultimately elect to bring the developments to market – or not.

The AMANN Group are well established as producers of high-quality sewing and embroidery threads. The AMANN Innovation Lab showed two years ago at Techtextil and again this year. Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

-Sidel: creating value from plastic waste

As a leader in solutions for PET packaging, among others, Sidel is well placed to give us a picture of how the industry is tackling the complex and often divisive sustainability issues the plastics industry is faced with. Victoria Hattersley spoke to Sidel sustainability officer Luc Desoutter to hear his take on these.

PET meets the highest food standard regulations, has a high value and as a commodity is relatively cheap to produce. That being said, it’s no secret that the material has come under fire recently, and it’s perhaps not so difficult to understand why. We view images of the Great Pacific Garbage Patch, and we regularly hear frightening statistics such as ‘yearly plastic waste can circle the Earth four times’, or ‘plastic outnumbers sea life by six to one’. Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

-LANXESS Offers Economic Alternatives to Polyamide 66

LANXESS at the “Plastics in E&E Applications” SKZ conference in Würzburg, Germany, Marienberg Fortress on June 4-5 – LANXESS.com. FRA: DE Frankfurt: LXS

Specialty chemicals company LANXESS will once again have its own stand at the “Fuse Box Meets Dryer Plastics in E&E Applications” conference of the Süddeutsche Kunststoffzentrum. “In terms of topics, this year we are concentrating on cost-effective alternatives to polyamide 66 compounds, the application of our structural materials in the battery, powertrain and charging infrastructure of electric vehicles, and our growing range of halogen-free, flame-retardant polyamides and polybutylene terephthalates (PBT),” explains Marc Marbach, head of the E&E sales segment in the LANXESS High Performance Materials (HPM) business unit.

Thermoplastics Petrochemicals Automotive

-US tariffs would cut EU automotive output by 3.6% to 2021 – analyst

The imposition of 25% tariffs on EU automotive exports to the US would substantially reduce output in the sector, with Hungary, Sweden and Germany particularly vulnerable, according to Oxford Economics on Thursday.

The threat of punitive new tariffs on cars and car parts to the US from the EU and Japan has been mooted as US President Donald Trump branded the imports as a “national security threat”.

The US has delayed the imposition of the new measures for six months from mid-May as officials push for concessions on the scale of automotive exports to the country, but the damage would be perceptible in both directions if they come into effect, analysts at Oxford Economics said. Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

-US-China trade war hurts Asia chemical markets

Chemical markets are suffering in Asia as the US-China trade war and general economic malaise impact demand from downstream industries and their customers.

Prices are falling across multiple value chains with some collapsing to lows not seen for a decade, despite steady or firming feedstock values.

China polymer markets are in a particularly fragile state as 25% US tariffs on many finished articles containing plastics have unnerved export-oriented convertors and their customers. The slowing Chinese economy is also hitting demand growth for plastic products domestically, as well as packaging, a major use of polyethylene (PE).

As hopes for a truce between China and the US fade, markets are now planning for these elevated tariffs to persist. Without a resolution to the dispute, the US plans to hit a further $300bn of Chinese goods with 25% tariffs in June, meaning that almost all of the country’s exports to the US will be targeted. Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

US-China trade war, economic slowdown hurt Asia chemicals prices

Asian chemicals prices are suffering as downstream markets’ demand softens due to the ongoing US-China trade war and the general economic slowdown.

Prices are falling across multiple value chains, with some collapsing to decade-lows despite steady or firming feedstock values.

China polymers markets are in a particularly fragile state as 25% US tariffs on many finished articles containing plastics has unnerved export-oriented convertors and their customers.

The slowing Chinese economy is also hitting demand growth for plastic products domestically, as well as packaging, a major use of polyethylene (PE).

Thermoplastics Petrochemicals Automotive

-BASF to build engineering plastics, thermoplastic polyurethanes plants in China

The two plants will be located at the company’s proposed integrated chemical production site in Zhanjiang, China.

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

By 2022, the new engineering plastics compounding plant will supply an additional capacity of 60,000 metric tons per year of BASF engineering plastics compounds in China, bringing the total BASF capacity of these products in Asia Pacific to 290,000 metric tons per year.Thermoplastics Petrochemicals Automotive

Thermoplastics Petrochemicals Automotive

-PETnology Americas’ presentations focus on improving plastics lifecycle, recycling efforts

The next PETnology Americas’ conference will take place May 12-13, 2020 in Atlanta.

CARBIOS, a green chemistry company in industrial development stage, discussed its work on discovering and developing enzymatic bioprocesses to reinvent the lifecycle of plastics.

According to Martin Stephan, deputy CEO of CARBIOS, the company’s processes use enzymes produced by natural micro-organisms, selected for their ability to degrade plastic polymers. Three innovative bioprocesses are under development at the company. They include a new generation of fully biodegradable plastics with a controlled lifespan, infinite biorecycling of plastic waste enabling the production of new plastics of the same quality as the original product and biopolymer production through a new biological pathway.

Thermoplastics Petrochemicals Automotive

-China said to have rare-earth elements plan for US

DYSPROSIUM FUTURE?Shanghai Metals Market researcher Racket Hu said that the US would struggle to source heavy rare-earth elements if China halts exports of themBeijing has readied a plan to restrict exports of rare-earth elements to the US if needed as both sides in the trade dispute dig in for a protracted dispute, people familiar with the matter said.

The Chinese government has prepared the steps to use its stranglehold on the critical minerals in a targeted way to hurt the US economy, the people said.

Thermoplastics Petrochemicals Automotiv

 

Related Topics

-US propylene contracts pressured amid spot-price uptrend

Sinopec monoethylene glycol prices

Sinopec reduced May contractual MEG prices in East China for CNY350 per tonne Sinopec monoethylene glycol prices

Sinopec monoethylene glycol prices

MOSCOW – China China Petroleum & Chemical Corp.  (Sinopec), Asia’s largest oil refining company, lowered the May contract prices of monoethylene glycol (MEG) in eastern China by 350 yuan (CNY) or USD50.7 per tonne compared to April this year, a company source told ICIS . Sinopec monoethylene glycol prices

Thus, the May contract prices of MEG companies in the region are set at CNY4,530 or USD656 per ton.

The quotations of MEG in China dropped last week following the decline in commodity prices and amid the tense situation during the US-China trade war.

Thus, the spot prices of MEG in China on May 23 were in the range of CNY4 200-4 240 per ton against the level of CNY4 520-4 550 per ton for May 5, according to ICIS. Sinopec monoethylene glycol prices

The company operates four MEG plants with a total capacity of 1.835 million tons per year.

MEG is one of the main raw materials for the production of polyethylene terephthalate (PET).

According to the ICIS-MRC Price Review , the cost of Russian PET continues to be under downward pressure from the Asian market.  Prices in China continue to decline very sharply.  The level of contract prices for material in the next month will fall lower than previously expected.  The magnitude of the reduction can be 4 000-5 000 rubles.  per ton. Sinopec monoethylene glycol prices

Sinopec Corp.  is one of the world’s largest integrated energy and chemical companies.  Business Sinopec Corp.  includes oil and gas exploration, extraction and transportation of oil and gas, oil refining, petrochemical production, the production of mineral fertilizers and other chemical products.  In terms of refining capacity, Sinopec Corp.  ranks second in the world, in terms of ethylene capacity – fourth.

mrcplast.ru

Author:   Margarita Volkova

Related Topics

-May Contract prices paraxylene Europe

Jiangsu Sailboat Acrylonitrile China

Jiangsu Sailboat again increased prices of ACN in China for CNY400 per ton Jiangsu Sailboat Acrylonitrile China

Jiangsu Sailboat Acrylonitrile China

MOSCOW – Jiangsu Sailboat Petrochemical, a major producer of petrochemical products in China, raised its weekly prices for acrylonitrile (ACN) in the country by 400 yuan (CNY) or USD58 per tonne on May 22, a company representative told ICIS

Thus, now the May prices of ACN companies are at the level of CNY15,000 or USD2,174 per ton. Jiangsu Sailboat Acrylonitrile China

This is the second time the company has raised the prices of the DCA last week, the first time the increase was announced on May 20 and also made a similar amount.

The rise in prices of Jiangsu Sailboat Petrochemical was caused by an increase in quotations on the domestic spot market, despite their slight decline on 21 May.

So, on May 21, spot prices were in the range of CNY15 300-15 500 per ton, ex-tank (tank cistern) East China, which is CNY200 per ton below the level of the previous day.

The company’s ACN plant with a capacity of 260 thousand tons per year is currently operating at full capacity, a company source said.

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

According to the ICIS-MRC price review , in April, the import of ABS in Russia amounted to 3.10 thousand tons against 2.83 thousand tons a month earlier and 2.20 thousand tons in April last year. Jiangsu Sailboat Acrylonitrile China

In January-April of this year, imports of ABS in the Russian Federation grew by 6% compared to the same period last year: from 9.75 thousand tons to 10.37 thousand tons.

Jiangsu Sailboat Petrochemical, a subsidiary of the Shenghong Holding Group, is a major producer of petrochemical products, including polyethylene and ethylene-vinyl acetate, in China.  The company’s production facilities are located in the new industrial park of Suway (Xuwei) in the city of Lianyungang, Jiangsu Province.

mrcplast.ru

Author:   Margarita Volkova

Polymers Petrochemicals PET Preforms 31-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain show again a downward trend (except for MEG)
  • Crude oil   is losing dramatically ground.
    • Polyamide 6 and its chain continue to show a moderate
      weakness.

    PET Bottle grade export 890/945 $/ton PET Bottle grade domestic market 7,200/7,300 yuan/ton PET Filament grade SD domestic market 6,550/6,650 yuan/ton – PET Filament grade BR domestic market 6,600/6,700 yuan/ton

  • PTA Taiwan 780/790 $/ton PTA domestic market 5,590/5,650 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,300/4,400 yuan/tonPX Korea 855/865 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,450/7,550 yuan/ton

Polymers Petrochemicals PET Preforms

-Sinopec reduced May contractual MEG prices in East China for CNY350 per tonne 

China China Petroleum & Chemical Corp.  (Sinopec), Asia’s largest oil refining company, lowered the May contract prices of monoethylene glycol (MEG) in eastern China by 350 yuan (CNY) or USD50.7 per tonne compared to April this year.

Thus, the May contract prices of MEG companies in the region are set at CNY4,530 or USD656 per ton.

The quotations of MEG in China dropped last week following the decline in commodity prices and amid the tense situation during the US-China trade war.

Polymers Petrochemicals PET Preforms

-Jiangsu Sailboat again increased prices of ACN in China for CNY400 per ton 

Jiangsu Sailboat Petrochemical, a major producer of petrochemical products in China, raised its weekly prices for acrylonitrile (ACN) in the country by 400 yuan (CNY) or USD58 per tonne on May 22 .

Thus, now the May prices of ACN companies are at the level of CNY15,000 or USD2,174 per ton.

This is the second time the company has raised the prices of the DCA last week, the first time the increase was announced on May 20 and also made a similar amount.

Polymers Petrochemicals PET Preforms

Crude Oil Prices Trend Polymers Petrochemicals PET Preforms

-Monoethylene Glycol (MEG) prices climb in Asia

MEG prices in Asia gained on Wednesday. Although actual user demand was not robust owing to weak cues from the upstream ethylene markets, sellers still transacted at their up adjusted target prices citing ‘short covering’ buying interest in the markets.

CFR China prices of MEG were assessed up at the USD 540/mt levels, a rise of USD 10/mt from Wednesday’s assessed levels.

Polymers Petrochemicals PET Preforms

-New £65 million plastic recycling plant to be built in the UK

Viridor parent company, Pennon Group, has announced a new project that will use electricity created from non-recyclable waste to power a new £65 million plastic recycling plant.

The electricity generated from the waste to power the new plant will come from its £252 million energy recovery facility at Avonmouth near Bristol.

This new plastics recycling plant will be powered by energy which uses non-recyclable waste as its fuel, creating a “true circular economy energy park”.

Polymers Petrochemicals PET Preforms

– Stoll to display latest textile machinery at ITMA 2019

Stoll is set to present latest innovations in the fields of fashion and technology, technical textiles, and knit wear at ITMA 2019 expo, in hall H 8.0, stand D201. The leading textile and garment technology exhibition will be held from June 20-26, 2019, in Barcelona, Spain. Stoll is a leading manufacturer of flat knitting machines headquartered in Germany.

For the first time, Stoll will present the new knitelligence machine generation at this exhibition. The company will also present a production process thanks to knitelligence and Stoll-knitrobotic. The new knitelligence machine generation takes you into the future of digitisation. Polymers Petrochemicals PET Preforms

Polymers Petrochemicals PET Preforms

-Mouvent will unveil new textile machine at ITMA 2019

Mouvent will unveil its new textile machine – the TX802 – for the very first time at ITMA 2019, the world’s largest international textile and garment technology exhibition, which will take place in Barcelona, Spain, from June 20-26, 2019. There will be 6 official live demonstrations each day of the TX802 at Stand H3/C10. On demand demos will also be given. Polymers Petrochemicals PET Preforms

The new TX802 builds on the success of Mouvent’s popular inaugural digital textile printer, the TX801. TX802 is a 8-colour multi-pass digital textile printer producing the highest print quality on textiles with up to 2,000 DPI optical resolution, and is associated with very high printing speeds of up to 100 linear m/min.

Polymers Petrochemicals PET Preforms

-Feds to put millions behind overseas recycling loans

The U.S. government is using the power of the federal purse to help boost recycling infrastructure in Asia.

The U.S. Agency for International Development (USAID) will provide up to $35 million to help incentivize private industry to put its money into boosting recycling in south and southeast Asia. The agency will back investments directed by Circulate Capital, with the goal of boosting recycling in developing, coastal economies to reduce ocean plastics generation.

The arrangement is set up as a 50% loan-portfolio guarantee.

Polymers Petrochemicals PET Preforms

-EfW to power Viridor plastics recycling

Viridor’s parent company is claiming an industry first after revealing plans to power its latest plastics recycling plant with non-recyclable waste.

Pennon Group plans to use energy produced at its £252m energy-from-waste (EfW) facility in Avonmouth, near Bristol, to power a co-located £65m plastics recycling facility. Pennon said the facility will be the UK’s biggest multi-polymer plant, taking PET, HDPE and PP.

In year one it will produce 60,000 tonnes a year of flake and pellet from 81,000 tonnes of feedstock. This will rise to 63,000 tonnes a year produced from 89,000 tonnes in year three.

Polymers Petrochemicals PET Preforms

-Asia base oils demand to weaken on murky price direction, crude losses

Asia’s spot base oils market will expect demand to whittle down as bearish sentiment deepens over lack of price direction amid falling crude futures.

Base oils prices are likely to come under downward pressure as buyers are expected to be sidelined at a time of crude volatility.

Brent crude futures plummeted by more than 4% on 22-23 May, following a large increase in US crude stocks and concerns over the escalated US-China trade war.

Brent values subsequently recovered slightly to around $70/bbl and continued to hover at this level last week. On 29 May, Brent July settled down 66 cents to $69.45/bbl.

Polymers Petrochemicals PET Preforms

-UK car output falls 45% in April on Brexit-related shutdowns

The UK’s chemicals-intensive car production fell in April 44.5% on the back of Brexit-induced manufacturing facilities shutdowns during the month, the country’s trade group for the automobile industry said on Thursday.

In April, the UK produced nearly 71,000 cars, sharply down from the 128,000 produced in the same month of 2018.

According to the Society of Motor Manufacturers and Traders (SMMT), performance in the industry year to date still shows an “underlying downward trend” and April was the 11th consecutive month of decline.

Polymers Petrochemicals PET Preforms

-Softness may persist in US BD amid ongoing sluggish demand

Downward pressure may persist in US butadiene (BD) markets amid continued sluggish demand, tracking a global trend.

The ICIS Contract Reference Price (CRP) for US June BD settled at 46 cents/lb ($1,014/tonne) FOB (free on board), down by 3.25 cents/lb from May.

US BD Contracts (in cents/lb, separately issued)

Polymers Petrochemicals PET Preforms

-A single oil tanker could become a factor in both the China trade war and Iran tensions

KEY POINTS

The oil industry is watching the progress of a Chinese tanker that is loaded with Iranian crude, potentially in violation of U.S. sanctions.

Two websites that tracks oil vessels, documented the first departure of a supertanker carrying crude oil out of Iran since the Trump administration ended oil waivers earlier this month.

The U.S. State Department warns the U.S. government will enforce its sanctions on Iranian oil.

As trade tensions rise between the U.S. and China, the oil market is watching the progress of a Chinese ship loaded with Iranian crude to see whether it heads home with its cargo — in possible violation of U.S. sanctions.

Polymers Petrochemicals PET Preforms

Related Topics

-US-China trade war hurts Asia chemical markets

-Saudis Raise Oil Prices To Asia As Demand Spikes

-EU Adopts Ban on Certain Single-Use Plastics

-Coca-Cola Beverages Africa makes recycling investment

 

Polymers Petrochemicals DTY POY 30-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain begin again to show a downward trend
  • Crude oil   is steady.
    • Polyamide 6 and its chain continue to show a downward trend.

    PET Bottle grade export 890/950 $/ton PET Bottle grade domestic market 7,200/7,300 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

  • PTA Taiwan 780/800 $/ton PTA domestic market 5,600/5,700 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,300/4,400 yuan/tonPX Korea 855/865 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,200/9,300  yuan/tonPolyester Staple PSF domestic market 7,550/7,650 yuan/ton

Polymers Petrochemicals DTY POY

-Graphene the ‘miracle material’ is stronger than diamond but what can it do?

Graphene was the talk of the technology industry eight years ago.

It was a material so strong that it would ‘take an elephant, balanced on a sharpened pencil, to break through a sheet of graphene the thickness of Saran Wrap [cling film].’

It won its creators the Nobel Prize and went on to receive a €1bn (£880m) research grant from the EU in 2013.

It was touted as the ‘miracle material’ with ‘limitless potential’ set to turn the entire technology sector upside down.

Polymers Petrochemicals DTY POY

-Carbon Fiber Textiles : Fabrics could be the next big thing in facades

Humans have been using fabric to create shelter for thousands of years. If a set of groundbreaking researchers and designers have their way, however, applications of textile-based architectural elements have the potential to play an important role in shaping the future of enclosures as well.

Across scales and methods of application, research into the use of textile-based elements in architecture has increased over the last 15 years as professional and university teams in Europe and the United States have embraced robotic weaving applications, custom-designed carbon fiber textiles, and experimental fabric facades. With an eye toward wrapping ever-larger structures, creating unique sensory experiences, and engineering a more sustainable future, new applications of fabrics have the potential to change the face, look, and feel of architecture as we know it.

Polymers Petrochemicals DTY POY

Crude Oil Prices Trend Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-A chinese producer offers PET resin bottle grade in India for shipment in June 2019 

Import offers for PET resin in India:

A Chinese producer has offered its PET resin bottle grade (IV 0.80) in India at the USD 955/mt levels, for shipment in June 2019, on a CIF Mumbai port basis.

Let’s take a look at Futures on China Dalian Commodity Exchange for today:

On May 28, 2019:

– LLDPE prices are higher by RMB 10/MT at RMB 7775/MT.

– PP rates are up by RMB 7/mt at RMB 8200/MT

– PVC prices are higher by RMB 10/MT at RMB 6790/MT.

Polymers Petrochemicals DTY POY

-Fuwei films (ffhl) versus Shiner International (UECN) financial survey

Fuwei Films (NASDAQ:FFHL) and Shiner International (OTCMKTS:UECN) are both small-cap industrial products companies, but which is the superior investment?

We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, dividends, earnings, profitability and institutional ownership.

Film

-Why PP Preforms Better Than PET Preforms : Top Market Trends

The plastic preforms are used for bottles or containers making by the molding process. The PP bottles are made up from PP preforms by using the injection molding process, while the PET bottles are made up by using the stretch blow injection molding process.

The bottle making business is on the peak from the past few years due to the growth in the food and beverages industry.

The PET preforms are highly adaptable as compared to the PP preforms due to low cost and easy to recycling. However, the PP preforms are used for the production of long-term use bottles. PP preforms have high durability and higher thickness as compared to the PET preforms.

Preform for milk bottle

-Fuarecia Invests in Cybersecurity @GuardKnox

Faurecia, one of the world’s leading automotive technology companies  announced an investment in GuardKnox, an Israeli automotive cybersecurity provider, to reinforce data security in the connected car and for new user experiences.

Based in Israel, GuardKnox provides comprehensive cyber defense (hardware and software) for connected and autonomous vehicles. Polymers Petrochemicals DTY POY

GuardKnox technology will enable Faurecia to propose complete end-to-end solutions integrated into the car vehicle, securing the software, data and cloud connectivity.

Faurecia cars supplier

-Russia to consider extending oil output cut with OPEC: deputy PM

Russia’s Finance Minister Anton Siluanov speaks during a session of the VTB Capital Investment Forum “Russia Calling!” in Moscow, Russia, No

Russia’s Finance Minister Anton Siluanov speaks during a session of the VTB Capital Investment Forum “Russia Calling!” in Moscow, Russia, No

Russia will carefully consider extending its oil output reduction agreement with the Organization of the Petroleum Exporting Countries (OPEC) and other producers, Russian First Deputy Prime Minister Anton Siluanov told Reuters on Wednesday.

Moscow will weigh, in particular, the deal’s positive effect on oil prices against losses in market share to United States companies, he said. Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-Can Plastic Be ‘Biodegradable’? New Study Suggests the Jury is Out

Anyone with an interest in green, eco-conscious living knows that plastic has become a major environmental concern in recent years.

They are taking over our oceans and lands, posing a grave threat to marine life, and threatening human health.

Unfortunately, only an estimated 15 percent of the plastic we use is recycled.

This stands in stark comparison to the 88 percent recycling rate for steel, and the 63 percent rate for paper.

This can partly be attributed to the fact that plastic does not biodegrade easily.

In fact, it can remain intact for up to a thousand years, before finally breaking down into countless, tiny microplastic fragments.

Plastic Biodegradable

-Asia PC tumbles to near 10-year low on supply glut

Asia’s polycarbonate (PC) markets have slumped to record lows in nearly a decade, pummeled by a plentiful supply situation that could persist amid the ongoing US-China trade war.

Spot PC prices extended their downward trend due to the supply overhang, while demand was dwindling, particularly for imports in the key China market.

Market discussions drifted lower for June shipments of general-purpose (GP) moulding grade PC, averaging at $2,000/tonne CIF (cost, insurance and freight) China in the week ending 29 May, according to ICIS data.

Polymers Petrochemicals DTY POY

-Weekly resin report: Most spot PE, PP prices shed a penny

Plastics processors hit the pause button last week, following a burst of aggressive buying, but overall completed volumes in resin trading still tallied above average, reports the PlasticsExchange (Chicago) in its Market Update.

Fresh offerings for both polyethylene (PE) and polypropylene (PP) were a bit heavier and prices for most grades shed a cent.

With contract increases intact for both PE (April) and PP (May) and ample resin supplies available, there was little need to chase material, though current spot resin offers present very good value compared to contracts.

International PE prices and demand were both softer, but large volumes are still shipping offshore.Polymers Petrochemicals DTY POY

Polypropylene chips

-ITMA 2019 Exhibitor Preview: Picanol

From June 20-26, 2019, Picanol will demonstrate its latest weaving technology at ITMA Barcelona.

ITMA Barcelona will see the world premiere of a brand new airjet machine, the OmniPlus-i, which represents a new benchmark in airjet weaving.

This further builds on the solid base of nearly 40 years of experience in airjet weaving, during which over 100,000 airjet machines have so far been shipped. In total, Picanol will have 12 machines on display at ITMA Barcelona.

In addition to 5 new airjet weaving machines, Picanol will also present 5 rapier weaving machines with many new developments.

Furthermore, a rapier machine in Jacquard execution will be on display at the Bonas booth and a terry airjet at the Stäubli booth.

The Picanol booth will be located in Hall 4, Booth 101. Polymers Petrochemicals DTY POY

Polymers Petrochemicals DTY POY

-Hyosung Launches creora® Actifit Spandex At 2019 Outdoor Retailer Summer Market

Propelled by the craving for challenge and a healthier lifestyle, the popularity of outdoor endurance sports is on the rise. To help construct the best multi-sport apparel for endurance sports enthusiasts, Hyosung, the world’s largest spandex manufacturer, has developed new high-performance creora® ActiFit spandex, which the company will launch at the Outdoor Retailer Summer Market in Denver, June 18-20, 2019.

creora® ActiFit spandex provides the long-lasting durability, UV and chlorine resistance, and superior recovery required of cycling, swimming, triathlon and adventure racing apparel where athletes can encounter numerous environmental surroundings – whether it be salt water, intense sun or a rocky crag.

Polymers Petrochemicals DTY POY

-Malaysia will send 3,300 tons of non-recyclable plastic waste back to the U.S. and other countries

Environment Minister Yeo Bee Yin said the aim is to avoid becoming a dumping ground for rich nations

Malaysia will send back some 3,000 metric tons (3,300 tons) of non-recyclable plastic waste to countries such as the U.S., U.K., Canada and Australia in a move to avoid becoming a dumping ground for rich nations, Environment Minister Yeo Bee Yin said Tuesday.

Polymers Petrochemicals DTY POY

Related Topics

-Polymers Petrochemicals DTY PSF

 

May Contract prices paraxylene Europe

The May contract price of paraxylene in Europe fell by EUR87.5 per ton

May Contract prices paraxylene Europe

MOSCOW  – The contract price of paraxylene in Europe for May shipments was agreed at EUR87.5 per tonne lower than last month’s prices, market participants told ICIS .

The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).

Two contracts were concluded: EUR890 per ton, FD NWE (northwest Europe) and EUR925 per ton, FD NWE.

Following the ICIS methodology, the May contract price of para-xylene was estimated at an average level of both these prices – EUR907.50 per tonne, FD NWE.

Earlier it was reported that the contract price of paraxylene in Europe for April deliveries was agreed at the level of March – EUR995 per ton.

Paraxylene is a raw material for the synthesis of terephthalic acid – an intermediate for the production of polyethylene terephthalate (PET).

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

mrcplast.ru

Author:                Anna Larionova

Related Topics

-Paraxylene prices in Asia are up 

Polymers Petrochemicals DTY PSF 29-05-2019

  • China Polyethylene Terephthalate
  • PET is steady,but with light uptrend.
  • Crude oil  is steady,but weak.
    • Polyamide 6 and its chain are in downtrend.

    PET Bottle grade export 890/955 $/ton PET Bottle grade domestic market 7,250/7,350 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

  • PTA Taiwan 780/800 $/ton PTA domestic market 5,650/5,750 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,300/4,400 yuan/tonPX Korea 865/875 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,200/9,300  yuan/tonPolyester Staple PSF domestic market 7,600/7,700 yuan/ton

-The May contract price of paraxylene in Europe fell by EUR87.5 per ton

The contract price of paraxylene in Europe for May shipments was agreed at EUR87.5 per tonne lower than last month’s prices.

The contract price was agreed on the terms of free delivery – FD NWE (North-West Europe).

Two contracts were concluded: EUR890 per ton, FD NWE (northwest Europe) and EUR925 per ton, FD NWE.

Polymers Petrochemicals DTY PSF

Crude Oil Prices Trend Polymers Petrochemicals DTY PSF

Polymers Petrochemicals DTY PSF

-Asia TiO2 weighed down by escalating tradetensions Polymers Petrochemicals DTY PSF

Titanium dioxide (TiO2) prices in Asia are expected to remain weighed down by heightened trade tensions between the US and China.

The ongoing China-US trade war has dented consumer sentiment in China, at a time when the seasonal lull for TiO2 pigments has already taken a toll.

The US hiked tariffs on $200 bn worth of Chinese goods, including TiO2, to 25% from 10% effective 10 May,even as negotiations for a trade deal continues.

China, in response, announced intentions to hike tariffs on $60bn worth of US exports to China on 1 June, with the duty on TiO2 expected to rise by 10%.

Based on ICIS Supply and Demand data, China’s first-quarter 2019 imports of US-origin TiO2 pigments slumped year on year. Polymers Petrochemicals DTY PSF

Polymers Petrochemicals DTY PSF

-Europe cracker margins rise on lower naphtha, LPG

European cracker margins haverisen week on week as feedstock naphtha andliquefied petroleum gas (LPG) fell, accordingto ICIS margin analysis on Monday.

In the week to  23 May:

– Feedstock costs fell by 3% and 4% for naphthaand LPG respectively.

– Naphtha-based contract cracker margins roseby 10%, co-product credits were flat.

Polymers Petrochemicals DTY PSF

-A milestone for fiberglass hull recycling

The Rhode Island Marine Trades Association and Rhode Island Sea Grant have launched a pilot program wherein fiberglass hull recyclate materials are processed for use with cement industry partners in South Carolina.

Much has been written about the Rhode Island Marine Trades Association’s work on developing a fiberglass recycling pilot that promises to have nationwide impact.

Last month, it reached a milestone with the announcement that an organized network of local partners finished the first delivery of fiberglass hull recyclate materials processed and prepared for use with cement industry partners in South Carolina. Polymers Petrochemicals DTY PSF

Polymers Petrochemicals DTY PSF

-Sidel announced as Yili Group’s Global Strategic Partner Supplier

Yili China, the world’s largest liquid dairy producer, recently organised a supplier conference in Xiamen (China). Thanks to the broad application of Sidel aseptic complete PET packaging lines to produce Yili’s Ambrosial Yoghurt for ambient distribution – all of them integrating the company’s Aseptic Combi Predis™ with its unique, patented dry preform sterilisation technology – Sidel was selected as Yili Group’s Global Strategic Partner Supplier and received the Innovation Award. This recognition represents the most recent milestone in the longstanding relationship between the two companies, with Sidel operating in the largest business segment within the Yili ecosystem as the biggest partnering supplier of the PET product line within its Liquid Dairy Division.

Polymers Petrochemicals DTY PSF

-Scientists create bioplastic for food packaging which degrades in two years

A team of researchers from KTU Faculty of Chemical Technology have created a fully compostable packaging for food products from bioplastic. Credit: KTU/Juste Suminaite

A group of scientists at Kaunas University of Technology (KTU). Lithuania have created biodegradable plastic, which decomposes in a compost bin in a couple of years. Bioplastic created at KTU is transparent and all the materials in its composition are suitable for contact with food.

Globally, the amount of plastic produced in a year is roughly the same as the entire weight of humanity.

Polymers Petrochemicals DTY PSF

-Loop Launches Sustainable Shopping System in U.S.

The company also announced that The Kroger Co. and Walgreens are the founding U.S. retailers.

Loop, a “circular shopping system” that enables consumers to responsibly consume products, launched a pilot program in the Mid-Atlantic region of New York, New Jersey, Pennsylvania, Maryland and Washington, D.C.

Loop is an initiative from TerraCycle, an innovative waste management company whose mission is to “Eliminate the Idea of Waste.” Operating nationally across 21 countries, TerraCycle partners with leading consumer product companies, retailers, cities and facilities to recycle hard-to-recycle waste. Polymers Petrochemicals DTY PSF

Polymers Petrochemicals DTY PSF

-Malaysia to send back plastic waste to foreign nations

Malaysia will send back some 3,000 metric tons (3,300 tons) of non-recyclable plastic waste to countries such as the U.S., U.K., Canada and Australia in a move to avoid becoming a dumping ground for rich nations, Environment Minister Yeo Bee Yin said Tuesday.

Yeo said Malaysia and many developing countries have become new targets after China banned the import of plastic waste last year.

Last week, the Philippines said it would ship back dozens of containers of garbage which Filipino officials were illegally shipped to the country from Canada in 2013 to 2014. Polymers Petrochemicals DTY PSF

Polymers Petrochemicals DTY PSF

-Yarn Becomes Alive with High Technology and Industry 4.0

-Savio Yarn Technology Innovation at ITMA 2019

With more than 100 years of history, Savio will exhibit their innovations in yarn technologies at Hall 7, Booth A210 at ITMA 2019.

Savio leverages on the best value-for money proposition in the industry and has a consolidated presence in all relevant geographies with a local-for-local approach, allowing to promptly address market demand and requirements.

Savio is specialized in the yarn-finishing segment, being the leading supplier of winding, twisting and rotor spinning machines, with manufacturing plants spanning over Italy, China, India and Czech Republic. Savio will exhibit in Barcelona innovative, highly automated, energy saving and Industry 4.0 solutions in all displayed machines.

Polymers Petrochemicals DTY PSF

-New method to evaluate comfort of smart and functional textiles

Until now, user-friendliness has been the focus of the development of smart and functional textiles.

Now it is time to address comfort when wearing these textiles—a quality factor that should be of interest to the industry.

The development of smart and functional e-textiles has gone at a rapid pace, not least when it comes to desired properties such as being lightweight, flexible, being elastic, and the possibility of integrating them into garments.

User-friendliness has been the top priority, but when it comes to comfort, how the textiles actually feel on the skin, development has not come so far.

This may explain why the market share of these textiles falls behind even though demand is high.

Polymers Petrochemicals DTY PSF

-Textile industry calls for EU action towards a circular economy

Textiles and apparel industry association Euratex has launched a manifesto, aimed at urging EU policy makers to act to establish a “true” circular fashion system.

The call comes hot on the heels of a European Commission announcement that it plans to check existing EU policies to see how they can contribute to the circular economy.

A Commission staff working document, released in March, recognised the “large potential” of the textiles sector in this area but where “no instrument exists setting design and durability criteria for textiles”.

EU circular economy

Related Topics

-SIPA and EREMA win WorldStar Packaging Award

-Archroma launches Fadex AS New

Paraxylene prices Asia PET

Paraxylene prices in Asia are up Paraxylene prices Asia PET

Paraxylene prices Asia PE

MOSCOW  – Prices for paraxylene in Asia rose on Monday amid increased demand for fast supplies, according to ICIS , citing market participants.

According to ICIS, prices were USD904-906 per tonne, CFR, the main ports of Taiwan / China, which is USD28 higher compared to May 24.

The July supply transactions were at USD893-907 per tonne, CFR Taiwan / China’s main ports, compared to USD876 per tonne, CFR Taiwan / China’s main ports on May 24th. Paraxylene prices Asia PET

Demand has increased due to delays in restarting paraxylene production in India and unplanned outages in the Middle East. Paraxylene prices Asia PET

Chinese futures contracts for TFK for September rose by 2.45% on Monday, while sales in the polyester manufacturing sector rose above 100%.

According to Scan Report Company Market Report, in Russia, the estimated consumption of PET in January-March of the current year increased by 21% and amounted to 179.05 thousand tons.

In March, the total estimated consumption was 64.35 thousand tons, which is 6% higher than the previous year.

mrcplast.ru

Author:   Anna Larionova

Sinopec acrylonitrile prices China

Sinopec raised May ACN prices by USD166 per ton Sinopec acrylonitrile prices China

Sinopec acrylonitrile prices China

MOSCOW – Sinopec, one of the world’s largest energy and chemical companies, in May increased the contract prices of acrylonitrile in China by 1,150 yuan (CNY) or USD166 per ton above the previous level amid limited supply of material on the world markets, an ICIS source told the company. Sinopec acrylonitrile prices China

Thus, the May contractual and spot prices of ACN in the region were approved on ex-works delivery terms (ex-works) and amounted to CNY14,950 (USD2,163) per ton.

According to the source, the company’s plant with a capacity of 130 thousand tons per year, located in Shandong Province (Shandong, China) and operated jointly with the Wanda Group, is currently operating at full capacity.

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

According to the ICIS-MRC price review , the cost of the Russian and Korean ABS in the domestic market of the Russian Federation in May is at the lowest levels for the last year.  In April, imports of ABS in Russia amounted to 3.10 thousand tons compared to 2.83 thousand tons a month earlier and 2.20 thousand tons in April last year.  In January-April of this year, imports of ABS in the Russian Federation grew by 6% compared to the same period last year: from 9.75 thousand tons to 10.37 thousand tons.

China Petroleum and Chemical Corporation (Sinopec) is one of the world’s largest integrated energy and chemical companies.  Business Sinopec Corp.  includes oil and gas exploration, extraction and transportation of oil and gas, oil refining, petrochemical production, the production of mineral fertilizers and other chemical products.  In terms of refining capacity, Sinopec Corp.  ranks second in the world, in terms of ethylene capacity – fourth. Sinopec acrylonitrile prices China

(USD1 = CNY6.91)

Author:   Anna Larionova

Polymers Petrochemicals Resin rPET 28-05-2019

  • China Polyethylene Terephthalate
  • PET is steady,while its chain is assessed mixed.
  • Crude oil  is steady .
    • Polyamide 6 and its chain is steady.

    PET Bottle grade export 890/945 $/ton PET Bottle grade domestic market 7,100/7,200 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

  • PTA Taiwan 780/800 $/ton PTA domestic market 5,600/5,700 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 870/880 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600  yuan/tonPolyester DTY 150D/48F  domestic market 9,200/9,300  yuan/tonPolyester Staple PSF domestic market 7,600/7,700 yuan/ton

Polymers Petrochemicals Resin rPET

-Paraxylene prices in Asia are up 

Prices for para-xylene in Asia rose on Monday amid increased demand for fast supplies, according to ICIS , citing market participants.

According to ICIS, prices were USD904-906 per tonne, CFR, the main ports of Taiwan / China, which is USD28 higher compared to May 24.

The July supply transactions were at USD893-907 per tonne, CFR Taiwan / China’s main ports, compared to USD876 per tonne, CFR Taiwan / China’s main ports on May 24th.

Demand has increased due to delays in restarting paraxylene production in India and unplanned outages in the Middle East.

Polymers Petrochemicals Resin rPET

-Sinopec raised May ACN prices by USD166 per ton 

Sinopec, one of the world’s largest energy and chemical companies, in May increased the contract prices of acrylonitrile in China by 1,150 yuan (CNY) or USD166 per ton above the previous level amid limited supply of material on the world markets, an ICIS source told the company.

Thus, the May contractual and spot prices of ACN in the region were approved on ex-works delivery terms (ex-works) and amounted to CNY14,950 (USD2,163) per ton.

According to the source, the company’s plant with a capacity of 130 thousand tons per year, located in Shandong Province (Shandong, China) and operated jointly with the Wanda Group, is currently operating at full capacity.

Polymers Petrochemicals Resin rPET

Crude Oil Prices Trend Polymers Petrochemicals Resin rPET

Polymers Petrochemicals Resin rPET

-Oil steadies as trade fears balance Mideast tension and supply cuts

Oil steadied on Monday, trading below $69 a barrel, as concern over the U.S.-China trade dispute and global economic outlook offset support from Middle East tensions and supply cuts.

Figures on Monday showed that profits for Chinese industrial companies shrank in April while new orders for U.S.-made capital goods fell more than expected in a further sign that the economy is slowing.

The main factor preventing crude prices from rising on the geopolitical news is the concern about the global economy, said Petromatrix oil analyst Olivier Jakob.

Polymers Petrochemicals Resin rPET

-US takes aim at Chinese surveillance as the trade war becomes a tech war

China and America’s trade war looks more and more like a tech war, and the United States appears to be widening its focus on to another category of Chinese technology: surveillance.

The U.S. may put Chinese surveillance equipment company Hikvision on a blacklist that would limit its ability to acquire American components — expanding the tech rivalry between the countries and even bringing attention to the ways China monitors its own people. Polymers Petrochemicals Resin rPET

Polymers Petrochemicals Resin rPET

-Oerlikon at ITMA 2019: Clean Technology, Smart Factory

Oerlikon at ITMA 2019: clean technology, smart factory. Oerlikon invites all visitors to this year’s ITMA in Barcelona on a journey into the future of manmade fiber production.

From 20 to 26 June 2019, Oerlikon will show all its guests its vision of a sustainable and automated manmade fiber production in a virtual 4D showroom at its 1,000 m² stand in Hall 7, A101: “Clean Technology.

Smart Factory.” is the motto of the future. And this is only a stone’s throw away from reality at the stand.

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

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

Polymers Petrochemicals Resin rPET

-Falling Russian Crude Output Lifts Brent Oil Prices

Russian oil production continues to trend lower in May as exports via the Druzhba oil pipeline have been restricted due to a contamination issue, helping Russia to finally fall in line with the OPEC+ production cuts.

Russia’s oil production averaged 11.126 million bpd between May 1 and 26, two industry sources told Reuters on Monday. This compares to average production of 11.147 million bpd between May 1 and 21, according to the sources.

This month through May 26, exports of Russian oil via the pipelines of operator Transneft, including the Druzhba pipeline, were down 6 percent compared to April, the sources told Reuters.

Polymers Petrochemicals Resin rPET

-Powered By HeiQ Smart Temp Technology, BUFF® Launches CoolNet UV+® For Activated Cooling

For 25 years, BUFF® has premiered and innovated the tubular headwear category. Headquartered in Spain, the company was founded to keep warm the founder’s neck and head during his cross-country motorcycle rides. Today, BUFF® continues its heritage of quality and reliability of multifunctional headwear.

Just like the first product from BUFF® in 1991, the new CoolNet UV+® was developed to keep customers safe and cool from the sun’s dangerous UV rays. Today the fabric is a recycled performance polyester microfiber with HeiQ Smart Temp’s activated cooling technology to keep the wearer cool and comfortable. The fabric also includes UPF 50+ sun protection, offers a 4-way ULTRA stretch weave and is 100% seamless for the perfect fit. Polymers Petrochemicals Resin rPET

Polymers Petrochemicals Resin rPET

-China may import more PP in June on Asia plant start-ups, restarts

China’s polypropylene (PP) imports are expected to grow in June amid increased availability of supply in Asia, with two new start-ups and as some facilities complete their turnarounds.

Traders have been liquidating cargoes, causing PP prices to fall, with added pressure from heavy losses in upstream crude market.

In the week ended on 24 May, imported PP flat yarn grade prices were assessed at $1,070-1,095/tonne CFR (cost and freight) China, down by $2.5/tonne from previous week, according to ICIS data.

Polymers Petrochemicals Resin rPET

-BASF to build engineering plastics, TPUs plants in Zhanjiang, China

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

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

Polymers Petrochemicals Resin rPET

-How Fulgar wants sustainability to become everyday culture

Fulgar, an Italian manufacturer of high-quality nylon 6.6 fibers mostly used in underwear, sportswear and activewear, has a clear aim in mind.

The company has been developing new eco-friendly fibers since 2009 and now wants to accelerate in this direction with some newly launched initiatives and others to be disclosed soon.

The specialized nylon manufacturer based in Castel Goffredo, in the Italian district for women’s hosiery, has started a collaboration with Italian designer Tiziano Guardini, winner of the first edition of the Green Carpet Award contest of 2017.

Polymers Petrochemicals Resin rPET

-With Iran squeezed out, US oil takes on new rivals in Europe

When the global oil trading industry gathered for its biggest annual meeting in Asia in September last year, US oil producing companies came well prepared.

US giant Exxon Mobil and European rival Royal Dutch/Shell prepared brochures for oil buyers detailing various US crude grades and why they were suitable to replace part of Asia‘s long-standing supplies from the Middle East, Africa and Russia.

As the oil industry gathers in London this month for the annual IP Week, US crude producers may have every reason to toast the success of their campaign in Europe, as well as Asia.

Polymers Petrochemicals Resin rPET

-German chems demand new EU Parliament reconciles climate,industrial policies

The new European Parliament (EP)will need to reconcile policies to limitclimate change with industry-friendly measuresthat secure jobs and global competitiveness,the German chemicals trade group VCI said onMonday.

More than 400m EU voters had the right to go tothe polls between 23-27 May, and slightly morethan half of them chose to do so.

Turnout came at 50.95%, considerably higherthan the 42.61% who went to the polls in 2014.

Polymers Petrochemicals Resin rPET

Benzene prices EastChina dropped

Benzene prices in East China have gone downBenzene prices EastChina dropped

Benzene prices EastChina dropped

MOSCOW – Benzene prices in eastern China dropped at the end of last week, ICIS reported.

So, on May 17, spot quotes for benzene in the region were in the range of 4,480–5,520 yuan (CNY) per ton, dropping by CNY20 per ton in the lower price range and by CNY30 in the upper one.

The unfavorable macroeconomic situation in the market, as well as the downstream market for styrene monomer, had an impact on the Chinese benzene market.

Some sellers have reduced their price offers in an attempt to eliminate stocks of material, which at the beginning of last week put downward pressure on benzene quotes.  A significant increase in the price of crude oil in Europe and the United States received an ambiguous reaction from the Chinese market.

In response, most material suppliers took a wait and froze their price quotes.  However, buying activity on the downstream market was low, and therefore only a few deals were made.Benzene prices EastChina dropped

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

According to the ICIS-MRC Price Review , the cost of the Russian PS remains the same this week.  Manufacturers have not yet reported a possible change in prices in the next month. Benzene prices EastChina dropped

mrcplast.ru

Author:   Margarita Volkova

Polymers Petrochemical Polyolefins Prices

Polymers Petrochemical Polyolefins Prices

Polymers Petrochemical Polyolefins Prices

Polyestertime  Polymers Petrochemical Polyester Prices

ITEM20/05/201927/05/2019+/-
Bottle grade PET chips domestic market7,350 yuan/ton6,950 yuan/ton-400
Bottle grade PET chips export market985 $/ton940 $/ton-45
Filament grade Semidull chips domestic market7,050 yuan/ton6,600 yuan/ton-450
Filament grade Bright chips domestic market7,150 yuan/ton6,675 yuan/ton-475
Pure Terephthalic Acid PTA domestic market6,020yuan/ton5,620 yuan/ton-400
Pure Terephthalic Acid PTA export market815 $/ton790 $/ton-25
Monoethyleneglycol MEG domestic market4,215 yuan/ton4,350 yuan/ton-135
Monoethyleneglycol MEG export market523 $/ton533 $/ton-10
Paraxylene PX FOB  Taiwan market860 $/ton874 $/ton+14
Paraxylene PX FOB  Korea market841 $/ton855 $/ton+14
Paraxylene PX FOB EU market755 $/ton770 $/ton+15
Polyester filament POY 150D/48F domestic market7,850 yuan/ton7,500 yuan/ton
350
Recycled Polyester filament POY  domestic market7,500 yuan/ton7,300 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market9,600 yuan/ton9,250 yuan/ton-350
Polyester filament FDY 68D24F domestic market 8,850 yuan/ton8,500 yuan/ton-350
Polyester filament FDY 150D/96F domestic market8,300 yuan/ton8,000 yuan/ton-300
Polyester staple fiber 1.4D 38mm domestic market8,070 yuan/ton7,580 yuan/ton-510
Caprolactam CPL domestic market12,350 yuan/ton12,100 yuan/ton
-250
Caprolactam CPL overseas  market1,650 $/ton1,625 $/ton-25
Nylon6 chips overseas  market2,000 $/ton2,000 $/ton
Nylon6 chips conventional spinning domestic  market13,200 yuan/ton13,300 yuan/ton+100
Nylon6 chips  high speed spinning domestic  market14,000 yuan/ton13,700 yuan/ton-300
Nylon 6.6 chips domestic  market27,300 yuan/ton27,000 yuan/ton-300
Nylon6 Filament POY 86D/24F domestic  market17,000 yuan/ton16,400 yuan/ton-600
Nylon6 Filament DTY 70D/24F domestic  market19,900 yuan/ton19,400 yuan/ton-500
Nylon6 Filament FDY  70D/24F  domestic  market17,800 yuan/ton17,300 yuan/ton-500
Spandex 20D  domestic  market38,500 yuan/ton38,500 yuan/ton
Spandex 30D  domestic  market37,500  yuan/ton37,500  yuan/ton
Spandex 40D  domestic  market32,000  yuan/ton32,000  yuan/ton
Adipic Acid domestic market7,900 yuan/ton7,900 yuan/ton
Benzene domestic market4,480 yuan/ton4,450 yuan/ton-30
Benzene overseas  market627$/ton626 $/ton -1
Ethylene South East market890 $/ton900 $/ton+10
Ethylene NWE  market1,125 $/ton1,148 $/ton+23
Acrylonitrile ACN  domestic market16,000 yuan/ton15,400 yuan/ton-600
Acrylonitrile ACN  overseas market2,100 $/ton2,100 $/ton
Acrylic staple fiber ASF  domestic market17,400 yuan/ton17,400 yuan/ton
Viscose Staple Fiber VSF  domestic market11,800 yuan/ton11,500 yuan/ton-300
PP Powder domestic market8,450 yuan/ton8,375 yuan/ton-75
Naphtha overseas market  580 $/ton529 $/ton
-51
Phenol domestic market 7,813 yuan/ton7,813 yuan/ton
PS Taiwan 5250 GPPS1,260 1,310 $/ton1,245 $/ton-15
PS Taiwan 8250 HIPS1,340 1,374 $/ton1,310 $/ton-30
LDPE CFR Far East 1,052 $/ton992 $/ton-60
LLDPE CFR Far East1,0021,022 $/ton952 $/ton-70
LDPE   FOB Middle East1,01,037 $/ton979 $/ton-58
LLDPE FOB Middle East1,007 $/ton939 $/ton-68
HDPE CFR Far East1,037 $/ton999 $/ton-38
LDPE FD Northwest Europe 1,143 €/ton1,153 €/ton+10
LLDPE FD Northwest Europe 1,103 €/ton1,121 €/ton+20
Homopolymer PP CFR Far East1,099 $/ton1,090 $/ton-9
Homopolymer PP FD NWE1,221 €/ton1,221 €/ton

Polymers Petrochemical Polyolefins PricesPolymers Petrochemical Polyolefins PricesPolymers Petrochemical Polyolefins Prices

Polymers Petrochemicals Sustainable PET 27-05-2019

Polymers Petrochemical Polyolefins Prices  Polymers Petrochemicals Sustainable PET

Polymers Petrochemicals Sustainable PET

Crude Oil Prices Trend

Polymers Petrochemicals Sustainable PET

-Benzene prices in eastern China dropped at the end of last week, ICIS reported.

So, on May 17, spot quotes for benzene in the region were in the range of 4,480–5,520 yuan (CNY) per ton, dropping by CNY20 per ton in the lower price range and by CNY30 in the upper one.

The unfavorable macroeconomic situation in the market, as well as the downstream market for styrene monomer, had an impact on the Chinese benzene market.

Some sellers have reduced their price offers in an attempt to eliminate stocks of material, which at the beginning of last week put downward pressure on benzene quotes.  A significant increase in the price of crude oil in Europe and the United States received an ambiguous reaction from the Chinese market.

Benzene prices in eastern China dropped

-X-Rite to display new colour formulation software at ITMA25

X-Rite Incorporated and Pantone LLC, global leaders in colour science and technology, will showcase their newly released Color iMatch formulation software for the textile industry, at ITMA from June 20-26 in Barcelona, Spain. The software accelerates recipe creation for textile industry through better initial matches and fewer corrections.

Colour match performance in textiles is a function of how accurately dye behavior in a formula reflects dye behavior under current conditions and processes. Color iMatch improves colour matching rate by up to 50 per cent by addressing this interdependence. It intelligently processes colour data to provide optimal initial colour matches and reduce wasteful formulation attempts. With a high return on investment, Color iMatch streamlines complicated textile workflows, improves formulation efficiency, and reduces material waste, said X-rite in a press release.

Polymers Petrochemicals Sustainable Products

-Oil prices: ‘recipe for disaster’

Oil prices slumped more than 5% on Thursday, leaving them poised to record their biggest weekly fall this year. Business Insider reports in its article Oil is nearing its biggest weekly loss this year as demand and trade-war woes combine in a ‘recipe for disaster’ that the decline reflects a cocktail of factors including disappointing American manufacturing data, rising US shale production, softer demand from refineries, and concerns about the US-China trade war’s impact on global economic demand.

“The dangerous combination of surging US crude inventories, weak demand from refineries and rising concerns over US-China trade tensions impacting economic health is creating a recipe for disaster in oil markets,” said Lukman Otunuga, research analyst at FXTM.

Since the start of this week, Brent crude has slumped 6% to around $68.50, while West Texas Intermediate (WTI) crude has dropped more than 7.5% to about $58.60.

Crude Oil field

-China’s crude oil imports from Saudi Arabia up 43%

Imports grew to 1.53 million barrels per day compared with 1.07 million a year ago

Sinopec Group and China National Petroleum Corp., the country’s top state-owned refiners, are halting Iranian oil purchases for loading in May, three people with knowledge of the matter said

BEIJING: China’s crude oil imports from Saudi Arabia rose 43 percent in April, making the Middle Eastern OPEC kingpin once again the top supplier to the world’s second-biggest economy, boosted by demand from new private refiners.

Polymers Petrochemicals Sustainable PET

-Oil on pace to have its worst week of 2019

Oil futures struggled for direction on Friday, a day after posting their biggest one-day loss since December, with prices looking to post their worst weekly performance of the year.

Overall, the oil industry has “been resilient to the trade war issues” because of concerns over supply disruptions “and they really thought this trade war [would] not last that long,” said Naeem Aslam, chief market analyst at TF Global Markets.

Oil found some support from gains in global stock markets Friday. U.S. stocks climbed, but traded off the day’s highs, following reports that President Donald Trump may ease up on restrictions against Huawei Technologies Inc. as part of a bigger trade deal with China. Polymers Petrochemicals Sustainable PET

Polymers Petrochemicals Sustainable PET

-BASF to build two plastics plants at proposed site in China

BASF is to build an engineering plastics compounding plant and a thermoplastic polyurethanes (TPU) plant at a proposed integrated chemical production site in Zhanjiang, China. The plants will be the first to begin production at the site, which is to become BASF’s third-largest site worldwide.

Compounding is a process in which plastics are melted and blended with additives to change the physical, thermal, electrical, or aesthetic characteristics. The engineering plastics compounding plant will supply BASF with additional capacity of 60,000 t/y, increasing the company’s capacity for the products in the Asia Pacific to 290,000 t/y. Operations are expected to begin by 2022. Polymers Petrochemicals Sustainable PET

Polymers Petrochemicals Sustainable PET

-Manufacturers of disposable meal trays are shifting toward the use of biodegradable plastic and corn starch materials

The food or meal trays are used for carrying or economically serving the foods. The disposable meal trays are mostly used due easy to dispose of and no need for cleaning and storing after use.

Disposable meal trays are highly used by fast food restaurants, school, catering services, and takeout restaurants. G

enerally, the disposable meal trays are made up of plastic, paper, and aluminum.

But nowadays owing to environmental awareness about plastic pollution, the biodegradable materials and cornstarch are also accessible to the manufacturing of disposable meal trays.

In the market, disposable meal trays are selling by considering the compartment in trays.Polymers Petrochemicals Sustainable PET

Polymers Petrochemicals Sustainable PET

-Recycling demolished concrete waste

Worldwide consumption of concrete is estimated at 20 billion tonnes. To produce such a huge volume of concrete, we need 14 billion tonnes of natural aggregate.

To supply aggregate, it is necessary to cut a huge volume of mountains or dig aggregate quarries.

On the other hand, we are demolishing concrete structures due to deterioration as well as replacement of low-rise buildings by high-rise buildings.

It is estimated that every year the world has to reckon with the problem of disposing of 12 billion tonnes of demolished concrete waste generated from the demolition of buildings and other reinforced concrete infrastructures.

To make construction materials sustainable and to keep our world habitable for the future generations, we need to strike a balance between the demand for aggregate for construction works and the volume of demolished concrete waste.

Polymers Petrochemicals Sustainable PET

-Sustainable style and the rise of circular fashion

When luxury fashion brand Burberry admitted to destroying more than $35 million worth of fashion and cosmetic products last year, there was outcry around the world over the amount of wastage created by the fashion industry for the sake of protecting their brand from counterfeits and discounting.

The fashion industry is the second most polluting industry after oil and gas. According to the World Wildlife Fund (WWF), it takes 2,700 litres of water to produce the cotton needed for just one t-shirt; add a single pair of jeans to that and you need 20,000 litres of water in total.  Moreover, the pesticides, fertilisers and chemical dyes and manufacturing methods have polluted the freshwater supplies of hundreds of villages in places like Indonesia where on the banks of the Citarum River are some 400 factories that release toxic chemicals into the river every day.

Sustainable circular fashion

-Plastic pollution harms vital oxygen-producing bacteria

Plastic pollution has been harming marine creatures large and small, from giant whales to minute bacteria. We care about the whales, but we should also start caring about the bacteria.

“We found that exposure to chemicals leaching from plastic pollution interfered with the growth, photosynthesis and oxygen production of Prochlorococcus, the ocean’s most abundant photosynthetic bacteria,” says Sasha Tetu, a researcher at Macquarie University in Australia who was the lead author of a new study of the effects of plastic pollution on a species of photosynthetic marine bacteria.

Prochlorococcus bacteria are abundant in the oceans where they serve a vital function in global carbon recycling and produce a tenth of the oxygen that land animals like ourselves breathe. These green microbes are the most common photosynthetic organisms on Earth and are key to marine ecosystems owing to their production of carbohydrates and oxygen.

Polymers Petrochemicals Sustainable PET

-Japan aims to standardize biodegradable plastic materials

The government plans to launch a public-private initiative to standardize plastic materials that can be degraded by marine microbes, with the aim of promoting such biodegradable materials, according to informed sources.

The move comes as the fight against marine pollution by plastic waste that cannot be degraded in the natural environment is expected to be one of key issues at the Group of 20 summit in Osaka in late June.

Polymers Petrochemicals Sustainable PET

Related Topics

-Fiat Chrysler proposes operational tie-up with Renault SA

Polymers Petrochemicals Sorting Packaging 25-05-2019

-Europe PET softens but warmer weather could prop up prices Polymers Petrochemicals Sorting Packaging

Polyethylene terephthalate (PET) prices in Europe continue to soften amiddisappointing offtake but, if customers have been surviving off stocks, better demand thanks to warmer weather could send them back to their domestic suppliers for more.

– Room for a summer price boost

– Asian imports become attractive again

– Macroeconomics a concern for decision makers

Bottlers and preformers have been gradually reducing stock in a market where prices are slipping globally, so are reluctant to buy spot.

“The only positive is that when companies expect falling prices, the pipeline empties. If a prolonged heatwave happens, we may see a panic…,” a source said.

Warm weather encourages the sale of bottled water in particular, and a long stretch could bring the market back in line with more normal conditions, stability at the very least.  Polymers Petrochemicals Sorting Packaging

PET Chips

-Construction Begins on $260M Plastics to Fuel Plant

Last month, Brightmark closed a $260-million financing package for the construction of the plant, which includes $185 million in Indiana green bonds, which were underwritten by Goldman Sachs & Co.

Brightmark Energy of San Francisco has commenced construction on what it terms as the nation’s first commercial-scale plastics to fuel facility here.

The company says the Ashley facility will be the first of its kind to take mixed waste single-use plastics and convert them into usable products at commercial scale. The facility will convert approximately 100,000 tons of plastics into more than 18 million gallons a year of ultra-low sulfur diesel and naphtha blend stocks and nearly six million gallons a year of commercial grade wax each year.

Polymers Petrochemicals Sorting Packaging

-Linear economic model no longer viable – European Commission DG

The linear economic model that has dominated industry and petrochemicals production up to this point is no longer viable, with an inevitable shift to a circular economy likely to drive a transformation in the chemicals industry, the European Commission’s director general for the environment said on Thursday.

Picture source: Photo by Luis Eduardo Noriega A/EPA-EFE/REX/ShutterstockThe move towards a closed loop of production and recycling, driven by political and consumer pressure, is likely to reinvent the chemicals sector, and is the only way for businesses to survive, according to EU environmental director general Daniel Calleja.

“The present linear model is no longer viable, we cannot consume resources for an unlimited period when resources are finite,” he said, speaking on the sidelines of the Helsinki Chemicals Forum. Polymers Petrochemicals Sorting Packaging

Linear economic model no longer viable - European Commission DG

-Biodegradable chemical from waste food to produce electricity

Waste food can be used to produce biodegradable chemical.

Engineers at the University of Waterloo have developed a technology that can help extract the biodegradable chemical from waste food that can be refined as a source of energy.

According to the study published in the ‘Bioresource Technology’, the chemical could also be used to replace petroleum-based chemicals in a host of products including drugs and plastic packaging. Polymers Petrochemicals Sorting Packaging

Biodegradable chemical

-Sabic’s depolymerization technology said to ‘extend useful life’ of PET bottles

Proprietary technology from Sabic (Riyadh, Saudi Arabia) that chemically upcycles consumer-discarded rPET—primarily single-use water bottles—into higher-value polybutylene terephthalate (PBT) will support the circular economy and help reduce plastic waste, as well as encourage the use of recycled resins, according to Sabic. The higher-value PBT materials have enhanced properties and are suitable for more durable applications, according to the company.

Sabic introduced the LNP Elcrin iQ portfolio of PBT compounded resins based on upcycled iQ last week. The technology overcomes some of the limitations of mechanical recycling by using chemical processes to depolymerize PET bottles and other PET waste into their precursor chemicals, purify them and use them to create new PBT resin.

Sabic’s depolymerization technology

-Carvico and Jersey Lomellina launch new ‘green’ fabrics

Carvico and Jersey Lomellina, leading Italy based manufacturers of high-tech warp knit and circular knitted fabrics for swimwear, sportswear, underwear and outerwear, have launched their latest eco-sustainable fabrics collections at Performance Days, which took place in Munich, this month.

“Extremely versatile and hyper-resistant, stretch, soft, breathable and with a green soul, Carvico and Jersey Lomellina sustainable fabrics are our response to a pressing and urgent demand from the market: protecting our planet,” the companies report.

Carvico and Jersey Lomellina

-Biodegradation of Plastic Waste

Two years ago, in 2017, it was estimated that 348 million tons (Mt.) of plastic was produced, 90% of which was from fossil fuels. Now, in 2019, it is likely that these numbers are higher.

Plastic has been in the news a lot lately, owing to its widespread blight on the natural world; a world which scientists now believe has no place left that is free from this human-made material, since plastics have been found in the most remote places from the apparently-pristine Antarctic ice, to the deepest depths of the oceans.

Packaging is one of the largest sectors which demands this staggering production of plastics, with almost 40% of plastics produced being made purely for packaging purposes.

Biodegradation of Plastic Waste

-Indorama combines filaments businesses to form new unit

Indorama Ventures Ltd (IVL) is combining its global industrial filaments businesses to form the Indorama Mobility Group in order to offer “essential solutions” to customers, the company announced 16 May. Polymers Petrochemicals Sorting Packaging

Indorama combines filaments businesses

-New Samsonite suitcase range made from recycled plastic waste

LyondellBasell, Suez, and Samsonite have announced the “Green Grey’ edition of S’Cure ECO, a new suitcase collection made from recycled plastic waste.

LyondellBasell and Suez, through the recycling joint venture Quality Circular Polymers, converted post-consumer plastic such as packaging into a high-quality polypropylene.

Samsonite recycled plastic waste

-LANXESS offers economic alternatives to polyamide 66

Specialty chemicals company LANXESS will once again have its own stand at the “Fuse Box Meets Dryer – Plastics in E&E applications” conference of the Süddeutsche Kunststoffzentrum.

Marc Marbach, head of the E&E sales segment in the LANXESS High Performance Materials business unit, said: “In terms of topics, this year we are concentrating on cost-effective alternatives to polyamide 66 compounds, the application of our structural materials in the battery, powertrain and charging infrastructure of electric vehicles, and our growing range of halogen-free, flame retardant polyamides and PBT.” Polymers Petrochemicals Sorting Packaging

LANXESS polyamide 66

-China’s Curious Absence From a BRICS Business Conference

The Eurasian Society’s conference in Washington, D.C. featured presentations from all the BRICS member states – except China.

The Eurasia Society sponsored the “Doing Business with the BRICS” Conference in Washington, D.C. on May 15 at Africa House, the African Union’s Representational Mission to the United States. Diplomatic representatives of four of the five BRICS nations, including key stakeholders and partners in the economic development of developing countries, including the Asian Development Bank, the World Bank, and a variety of legal, business, and risk management specialists, all had places at the speakers’ table.

BRICS Business Conference

Lukoil capacity polyethylene polypropylene 

Lukoil plans to increase capacity for polyethylene and polypropylene Lukoil capacity polyethylene polypropylene 

Lukoil capacity polyethylene polypropylene 

MOSCOW – Lukoil, the second largest Russian oil company, will introduce a new gas strategy by the fall, including projects for the processing of raw materials, the vice president of the company for oil refining, petrochemistry and gas processing Rustem Gimaletdinov said, Kommersant writes.

According to him, oil and gas chemistry will become a “new growth point” for the company.

“We have a large amount of very high-quality raw materials for the production of both polyethylene and polypropylene through classical petrochemistry through pyrolysis,” he explained.

A top manager recalled that Lukoil, the first in the Russian Federation to launch a large-scale refinery modernization program, is going to complete its operation in 2021 with its introduction of a delayed coking unit in Nizhny Novgorod worth 100 billion rubles.

After that, Lukoil, which received a record cash flow in 2010 (555.1 billion rubles) and almost seven times reduced net debt (to 42 billion rubles), has virtually nowhere to invest in Russia.

In the production sector, all prospective oil fields on land are already distributed, and the company has no access to the shelf.Lukoil capacity polyethylene polypropylene 

As Mr. Gimaletdinov noted, Lukoil does not see “further expansion in classic fuels”, expecting a decrease in demand for diesel fuel in Europe against the background of toughening environmental standards in the region, which imply a failure in the future from internal combustion engines.

At the same time, LUKOIL expects that the demand for diesel fuel will support a worldwide ban on the use of marine fuel with a sulfur content above 0.5%.

It should lead to a reduction in the use of fuel oil in bunkering in favor of diesel fuel.

In this regard, Lukoil is considering the construction of capacities for 1 million tons of polyethylene and 500 thousand tons of polypropylene, the demand for which is growing “many times faster than the growth of GDP (the forecast for 2019 is 1.3% in the Russian Federation).” Lukoil capacity polyethylene polypropylene 

Previously, the site for the project was called the Nizhny Novgorod Oil Refinery Company in Kstovo.

But now, as Mr. Gimaletdinov noted, “Perm is in the lead by all indicators”, where there is a large amount of “correct” raw materials – ethane, liquefied hydrocarbon gases and light naphtha.

He did not specify the construction period, noting that according to experience, Five to six years since the final investment decision.

At the same time, he noted that the company is not ready to accept it this year. Now Lukoil produces in Russia about 120 thousand tons of polypropylene at the Stavrolen plant in Budyonnovsk, another 80 thousand tons release  structure of Lukoil.

“LUKOIL Neftohim Burgas” in Bulgaria.

The capacity of both enterprises is expected to be expanded in the next five years.

In addition, Lukoil needs to monetize actively growing gas production (in the first quarter – by 12%, to 9 billion cubic meters).

One of the ways to process gas, in particular, from the Caspian fields to Lukoil, can be the construction of a complex for the production of 1.7 million tons of urea and 170 thousand tons of ammonia at Stavrolen, as well as the organization of the separation and processing of ethane.  2023 is considered as a possible launch date.

In addition, according to Rustem Gimaletdinov, the company is ready to consider participating in gas processing projects in the north-west of the Russian Federation, but only in partnership with someone.  We can talk about projects for the production of methanol and gas chemical projects.Lukoil capacity polyethylene polypropylene 

According to the newspaper, the company considered a project to build methanol production in Vysotsk with a capacity of 1.7 million tons based on a terminal for transshipment of petroleum products.

Dmitry Akishin, head of Gas and Chemistry, VYGON Consulting, agrees that the growth in demand for gasoline is severely limited, so it is logical to reorient your refineries to produce petrochemicals, whose market is growing by 3-5% per year.

The marginality of petrochemistry is significantly higher than in processing; it reaches 30–50%, the expert says.

In addition, propylene is a by-product of refining at the refinery, therefore, it has a low cost.

Therefore, the integration of oil refineries and petrochemical complexes is a strategically correct decision, says Mr. Akishin.

In his opinion, the markets for the majority of large-tonnage petrochemical products in the Russian Federation are practically balanced, so the new production will be focused on export.  This is confirmed in LUKOIL itself.

The expert emphasizes that petrochemical projects are very capital-intensive – from 0.5–1 billion dollars for processing capacities for propylene and up to USD5–7 billion for full-fledged petrochemical complexes with pyrolysis.

Earlier it was reported that Lukoil, which owns the largest oil refinery in the Balkans, plans to build a petrochemical complex for the production of polypropylene (PP) on its basis.

Lukoil is one of the leading vertically integrated oil companies in Russia.  The main activities of the company include exploration and production of oil and gas, production and sale of petroleum products.

Lukoil is the second largest privately-owned oil company in the world in terms of proven hydrocarbon reserves. Lukoil capacity polyethylene polypropylene 

The structure of Lukoil includes one of the largest petrochemical enterprises in Russia – Stavrolen.

Earlier, the company also included Karpatneftekhim, the largest producer of polymers in Ukraine, but in February 2017, Lukoil completed the sale of this asset.

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemicals Smart Packaging 24-05-2019

  • China Polyethylene Terephthalate
  • PET and its chain are weak and continue to lose ground,with the exception of PX and MEG.
  • Crude oil  is steady , but weak..
    • Polyamide 6 is steady, its chain continue to wane.

    PET Bottle grade export 880/940 $/ton PET Bottle grade domestic market 6,900/7,000 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

  • PTA Taiwan 780/800 $/ton PTA domestic market 5,500/5,600 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,150/4,250 yuan/tonPX Korea 830/840 $/ton
  • Polyester POY 150D/48F  domestic market 7,500/7,600 yuan/tonPolyester DTY 150D/48F  domestic market 9,250/9,350  yuan/tonPolyester Staple PSF domestic market 7,700/7,800  yuan/ton

Polymers Petrochemicals Smart Packaging

-Lukoil plans to increase capacity for polyethylene and polypropylene 

Lukoil, the second largest Russian oil company, will introduce a new gas strategy by the fall, including projects for the processing of raw materials, the vice president of the company for oil refining, petrochemistry and gas processing Rustem Gimaletdinov said, Kommersant writes.

According to him, oil and gas chemistry will become a “new growth point” for the company.  “We have a large amount of very high-quality raw materials for the production of both polyethylene and polypropylene through classical petrochemistry through pyrolysis,” he explained.

Lukoil polyethylene polypropylene

Crude Oil Prices TrendPolymers Petrochemicals Smart Packaging

Polymers Petrochemicals Smart Packaging

-Chemical recycling may offer help on e-plastics 

An industry group has identified six advanced recycling projects that target plastics from electronics. One of the tech developers is a prominent North American e-scrap processor.

Closed Loop Partners last month released a market-landscape report detailing the fast-evolving “chemical recycling” sector. Chemical recycling encompasses processing systems that use heat, pressure, solvents and other methodologies to convert recovered plastics into oils, fuels and feedstocks for new plastics and other petrochemical products. Polymers Petrochemicals Smart Packaging

Polymers Petrochemicals Smart Plastics

-ITMA 2019 Exhibitor Preview: 

From 20 to 26 June 2019, the leading trade fair in the field Groz-Beckert of textile machine construction – ITMA Europe – will be inviting visitors to Barcelona, Spain, at the Fira De Barcelona, Gran Via. Over 120,000 specialist visitors from the textile and clothing industry all over the world are expected. Groz-Beckert will be presenting its product innovations in Hall 8.0, Booth C101. Polymers Petrochemicals Smart Packaging

ITMA Europe is held every four years as a meeting point for the sector and is the ideal technology platform for forward-looking innovations in the textile world. Approximately 1,600 exhibitors from around 50 countries will be presenting their highlights from research and development – including Groz-Beckert.

Polymers Petrochemicals Smart Plastics

-Oil tumbles, with U.S. prices at 2-month low, poised to suffer biggest one-day loss of the year

Oil futures tumbled on Thursday, U.S. prices heading for a more than two-month low and poised to suffer their largest single-session loss of the year.

A broad aversion to assets perceived as risky gripped global markets, knocking down equities as investors weighed worsening U.S.-China trade tensions.

It’s “a risk-off day” with the equity markets “falling out of bed,” said Marshall Steeves, energy markets analyst at Informa Economics.

The U.S. Energy Information Administration data Wednesday “were bearish between the crude stock build and recovery in production, and there is some follow-through selling in reaction to that,” he told MarketWwatch. Polymers Petrochemicals Smart Packaging

Polymers Petrochemicals Smart Plastics

-Smurfit Kappa takes step toward becoming a fully circular business

Smurfit Kappa is making significant progress in its journey towards becoming a fully sustainable and circular business, according to its latest Sustainable Development Report (SDR).

Smurfit Kappa reached a number of key milestones throughout 2018, including the launch of its Better Planet Packaging initiative that seeks to reduce packaging waste by creating more sustainable packaging solutions through design, innovation, and recycling capabilities. The initiative sparked a huge amount of interest from customers keen to replace non-recyclable materials with paper-based packaging.

An ambitious new set of sustainability goals was unveiled having met or exceeded previous targets ahead of their 2020 deadline. Smurfit Kappa has had a long-term commitment to making real and measurable progress against its five strategic sustainability priorities of forest, climate change, water, waste and people.

Polymers Petrochemicals Smart Plastics

-Mondi Group funds Kenyan start-up

An innovative Kenyan company which turns plastic waste into affordable roof tiles has been given a financial boost by Mondi Group.

Eco Blocks and Tiles has been selected by Mondi as the Lead2030 SDG 12 challenge winner and will receive $50,000 (~€45,000) in financial investment, plus 12 months of business coaching.

Lead2030 was launched by One Young World, the global forum for young leaders, in November 2018 to support youth-led innovation to contribute to the UN’s SDGs. Powered by some of the world’s leading businesses, Lead2030 aims to find, fund and accelerate youth-led solutions for each of the goals.

Polymers Petrochemicals Smart Plastics

-Asia’s packaging sector buoys Engel results

The packaging sector in Asia is one of the key areas earmarked for growth by Engel after the Austrian injection moulding machinery producer posted fiscal year 2018-19 turnover of €1.6 billion ($1.8bn).

Headquartered in Schwertberg, Engel reported a sales increase of 6 per cent this year, with Asia and the German-speaking countries in Europe highlighted as the primary factors, according to chief scientific officer, Dr Christoph Steger.

Polymers Petrochemicals Smart Plastics

-Waste food can be used to produce biodegradable chemical

Engineers at the University of Waterloo have developed a technology that can help extract the biodegradable chemical from waste food that can be refined as a source of energy.

According to the study published in the ‘Bioresource Technology’, the chemical could also be used to replace petroleum-based chemicals in a host of products including drugs and plastic packaging.

“People like me, environmental biotechnologists, look at food waste as a tremendous resource. With the right technologies, we can extract numerous useful chemicals and fuel from it,” said Hyung-Sool Lee, a civil and environmental engineering professor at Waterloo.Polymers Petrochemicals Smart Packaging

Waste food biodegradable chemical

-DuPont launches new masterbatch combining anti-block and slip for PE blown film at Chinaplas 2019

DuPont has launched its new Dow Corning AMB-12235 masterbatch for PE blown film at the Chinaplas 2019 show.

The masterbatch combines an anti-block agent with a compatible slip additive to improve film processing and ensure consistent quality.

By creating synergistic effects through the right combination and amount of each active ingredient, the solution delivers a low coefficient of friction over time.

It also helps prevent migration to the film surface that can affect downstream operations and helps reduce film blocking that can cause damage, at all cost-effective low loadings.

DuPont anti-block PE blown film Chinaplas 2019

-Asia naphtha market flips to contango on supply overhang

Asia’s naphtha forward market structure flipped to a contango from a backwardation, with prompt-month prices weaker than forward months amid ample supply and slack demand.

Open-specification naphtha prices for first-half July delivery stood at $551.75/tonne CFR (cost and freight) Japan basis at early hours session, down from the previous day’s close at $562.25/tonne CFR Japan.

Prices for second-half July delivery stem stood at $552.25/tonne CFR Japan, reflecting the contango spread between the two inter-half months, according to ICIS data.

Asia naphtha

-US-China trade war brings advantages, challenges to Chinese re-export converters

The ongoing US-China trade war has brought both advantages and challenges to Chinese re-export converters, participants said on the sidelines of this year’s Chinaplas.

Chinese re-export converters purchase imported resins and then export the finished product after processing the resins. Through government incentive programs, these converters are able to reclaim customs duties and other taxes incurred after exporting the finished product.

“We have been receiving offers for US polyethylene (PE) at very attractive levels in recent months, which has caused us to purchase more of our raw materials from the US rather than our normal Middle Eastern suppliers,” a Chinese re-export converter said.

US-China trade war

-Additives:Translucent ‘Frost’ Effect Colorants for PET Bottles

PolyOne’s Smartbatch Frost Collecton of color masterbatches launched at Chinaplas 2019

The launch of a new collection of color and additive masterbatches that offer a translucent ‘frost’ effect for PET bottles, was made at Chinaplas 2019 by PolyOne Corp., Avon Lake, Ohio. The Smartbatch Frost Collection  was developed in response to increasing demand from regional brands in China for greater product differentiation, this collection of color and additive formulations also offers to streamline production and reduce manufacturing cost.

When added to PET resins during the injection stretch-blow molding (ISBM) process, Smartbatch Frost Collection reportedly provides a soft, cool, and icy look with better slip-resistant performance than typical PET bottles.

Additives:Translucent 'Frost' Effect Colorants

Polymers Petrochemicals Plastic Sustainability 23-05-2019

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

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

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

Polymers Petrochemicals Plastic Sustainability

Crude Oil Prices Trend Polymers Petrochemicals Plastic Sustainability 

Polymers Petrochemicals Plastic Sustainability 

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

UK BREXIT

-From PET flakes directly to 100 percent rPET preforms 

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

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

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

Polymers Petrochemicals Plastic Sustainability

-Colloids showcasing innovative new speciality masterbatch products at Chinaplas 2019

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

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

Polymers Petrochemicals Plastic Sustainability

-War against plastic must continue to save our future

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

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

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

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

Polymers Petrochemicals Plastic Sustainability

-Beauty and function meet sustainability at Performance Days

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

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

Polymers Petrochemicals Plastic Sustainability

-Wrap applauds progress made by UK plastics pact members

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

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

UK plastics pact members

-CarbonLITE to handle ocean-diverted plastics

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

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

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

CarbonLITE to handle ocean-diverted plastics

-Good reasons for a record Techtextil 2019

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

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

Euratex, the European textiles

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

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

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

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

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

plastics-to-fuel plant

-Barrier packaging films for the circular economy

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

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

Barrier packaging films

-Exxonmobil introduces new polyethylene technology advancements at Chinaplas 2019

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

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

polyethylene technology

-New nanosilver coating that can kill bacteria developed

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

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

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

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

Antibacterial

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

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

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

US oil output

Polymers Petrochemicals rPET Recycling 22-05-2019

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

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

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

Polymers Petrochemicals rPET Recycling

Crude Oil Prices Trend Polymers Petrochemicals rPEt Recycling

Polymers Petrochemicals rPET Recycling

-Italy’s Piovan to open an office in Morocco 

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

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

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

Polymers Petrochemicals rPEt Recycling

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

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

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

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

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

Polymers Petrochemicals rPEt Recycling

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

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

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

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

Polymers Petrochemicals rPEt Recycling

-The debate: Biodegradable and compostable plastic bags

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

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

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

polymers-petrochemicals-rpet-recycling

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

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

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

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

Polymers Petrochemicals rPEt Recycling

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

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

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

Polymers Petrochemicals rPEt Recycling

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

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

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

X-Rite Showcases New Color Formulation

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

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

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

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

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

Vandewiele Show of Digital Strength at Carpet Weaving with RCE2+

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

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

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

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

Austrian fiber producer Lenzing

-BASF announces plastic plans for new Verbund site in China

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

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

Basf

RadiciGroup automotive Chinaplas 2019

RadiciGroup automotive Chinaplas 2019

RadiciGroup automotive Chinaplas 2019

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

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

RadiciGroup automotive Chinaplas 2019

Radici Plastics Suzhou Co. Ltd

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

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

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

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

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

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

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

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

RadiciGroup automotive Chinaplas 2019

Erico Spini, global marketing manager of RadiciGroup High Performance Polymers

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

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

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

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

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

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

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

RadiciGroup automotive Chinaplas 2019

Maurizio Radici, Vice President of Radici Group,

Polymers Petrochemicals Carbon Fibres 21-05-2019

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

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

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

Polymers Petrochemicals Carbon Fibres

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

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

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

Polymers Petrochemicals Carbon Fibres

Crude Oil Prices Trend Polymers Petrochemicals Carbon Fibres

Polymers Petrochemicals Carbon Fibres

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

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

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

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

Polymers Petrochemicals Carbon Fibres

-DuPont Sustainable Innovations Advance Smart Technology and Improve Safety    

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

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

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

DuPont Sustainable Innovations

-Plastic furniture manufacturers adopt PP

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

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

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

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

Polymers Petrochemicals Carbon Fibres

-Hyundai Chemical selects Univation technology for new polyethylene plant

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

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

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

Polymers Petrochemicals Carbon Fibres

-Techtextil: exhibitor record, many smart textiles

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

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

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

Polymers Petrochemicals Carbon Fibre

-Second award for BIO4SELF at Techtextil

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

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

Polymers Petrochemicals Carbon Fibre

-Planet Textiles 2019: Innovation Zone

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

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

Planet Textiles 2019: Innovation Zone

-Unilever to use ‘detectable’ black plastic in packaging

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

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

detectable black plastic

-Sonoco Alcore to display EcoSPAN textile cores at ITMA20

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

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

Sonoco Alcore

-Focus on Industry 4.0 at ITMA 2019

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

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

Industry 4.0

-Vietnam-Russia economic, trade relations continue to thrive

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

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

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

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

Vietnam-Russia economic

Polyester downstream market pessimistic

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

Source : CCFGroup

Polyester downstream market pessimistic

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

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

 

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

 

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

 

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

 

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

 

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

 

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

 

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

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

Nylon6 HS chip chaos

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

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

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

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

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

Nylon6 HS chip chaos

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

Nylon6 HS chip chaos

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

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

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

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

Nylon6 HS chip chaos

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

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

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

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

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

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

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

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

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polymers Petrochemical Polyester Prices

Polyestertime  Polymers Petrochemical Polyester Prices

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

PET bottle chip process

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

Source : CCFGroup 

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

PET bottle chip process

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

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

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

PET bottle chip process

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

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

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

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

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

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

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

Crude Oil Price Forecast

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

Crude Oil Price Forecast

Source :

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

 

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

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

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

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

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

Polymers Petrochemicals Graphene Economy 20-05-2019

Crude Oil Prices Tren

Polymers Petrochemicals Graphene Economy

Polymers Petrochemical Polyester Prices

Polymers Petrochemicals Graphene Economy

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

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

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

Polymers Petrochemicals Graphene Economy

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

Crude Oil forecast

-Polyester downstream market largely pessimistic, requiring time to improve

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

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

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

Polymers Petrochemicals Graphene Economy

-Decarbonizing plastics is finally possible

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

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

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

Decarbonizing plastics

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

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

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

Ethylene

-Nylon 6 HS chip: the chaos has just begun 

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

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

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

Polymers Petrochemicals Graphene Economy

Polymers Petrochemicals Graphene Economy

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

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

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

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

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

Plastics Waste

-Oil producers meet to discuss output amid Iran tension

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

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

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

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

Opec

-Vietnamese firms strive to increase apparel exports to Canada

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

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

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

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

Vietnamese apparel Canada

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

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

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

Iran Oil

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

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

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

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

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

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

Iran US Oil war

-Oil exporters discuss whether to increase supply

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

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

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

Oil barrels

-Researchers develop sensors that can be woven into fabrics

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

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

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

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

sensors that can be woven into fabrics

-Fong’s to display innovative dyeing solutions at ITMA

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

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

Fong's to display innovative dyeing solutions at ITMA

Polymers Petrochemicals Renewable Plastics 18-05-2019

Polymers Petrochemicals Renewable Plastics

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

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

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

Polymers Petrochemicals Renewable Plastics

-ITA shows Demonstrator Light Textiles at Techtextil 2019

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

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

Polymers Petrochemicals Renewable Plastics

-Compounders key to increase use of recycled material

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

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

Polymers Petrochemicals Renewable Plastics

-PGPrints Shows Latest Developments at ITMA Barcelona 2019

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

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

spgprints

-Bruckner to display latest textile machinery at ITMA17

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

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

Taiwan’s machinery makers prepare for plastic bans

Sustainability Asia Food service Recycling Machinery

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

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

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

Taiwan's machinery makers

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

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

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

Crude oil

-Lenzing to track yarn origin with ‘blockchain’

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

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

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

Lenzing to track yarn

-Unilever unveils ‘detectable and recyclable’ black plastic packaging

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

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

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

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

Unilever recyclable black plastic packaging

-BASF Starts Up Expanded Compounding Plant in Mexico

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

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

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

BASF Starts Up Expanded Compounding Plant in Mexico

Polymers Petrochemicals Degradable Plastics 17-05-2019

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

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

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

Polymers Petrochemicals Degradable Plastics 

First bacterium with a totally redesigned genome created

Crude Oil Prices Tren

Crude Oil Prices

-Recycling Innovations Expected to Attract Investors Through 2019

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

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

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

Polymers Petrochemicals Degradable Plastics

-A tougher bioplastic for food packaging

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

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

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

bioplastic for food packaging

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

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

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

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

Plastic-eating fungus

-New plastic closes the recycling loop

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

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

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

plastic waste

-Recycling partnership targets big bags

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

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

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

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

LC Packaging and Veolia

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

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

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

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

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

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

Evonik’s TROGAMID

-Extrupet increases capacity with second Starlinger line

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

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

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

Extrupet second Starlinger line

-Brent oil moves toward $73 on Middle East tensions

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

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

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

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

Crude Oil

-Materials: Portfolio of Novel PBT Compounds Derived from rPET

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

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

Novel PBT Compounds

-Cost effective and flexible packaging solution for dairy by Sidel

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

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

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

Cost effective and flexible packaging

Ethylene import prices NortheastAsia

Ethylene import prices rise in AsiaEthylene import prices NortheastAsia

Ethylene import prices NortheastAsia

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

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

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

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

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

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

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

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

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

mrcplast.ru

Author:   Anna Larionova

 

Polymers Petrochemicals Smart Fabric 16-05-2019

-Plastic free textile solutions for aquatic farming

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

Serious problem for our marine environment

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

Polymers Petrochemicals Smart Fabric

Crude Oil Prices Tren

Crude Oil

-Ethylene import prices rise in Asia Polymers Petrochemicals Smart Fabric

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

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

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

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

Polymers Petrochemicals Smart Fabric

-Kucukcalik launches new sustainable yarn

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

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

Kucukcalik sustainable yarn

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

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

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

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

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

SANITIZED AG invests in customer-specific development of antimicrobial masterbatches

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

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

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

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

DuPont™ Sorona®

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

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

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

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

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

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

Oil Pump

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

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

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

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

crude Oil Barrel

-What the plastic pollution debate means for packaging companies

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

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

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

Plastic Pollution

-When biodegradable plastic isn’t

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

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

biodegradable plastic

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

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

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

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

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

AdvanSix halts nylon film

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

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

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

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

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

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

Crude oil Rig

-Clariant Show Partially Bio-Based Magenta at FESPA

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

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

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

Clariant Pigment

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

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

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

Bio-based Polyethylene Terephthalate Market

-Trade war adds pressure on weakening Latin America PET

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

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

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

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

PET Resin

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

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

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

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

Additives: New Antioxidant Formulations

Tongkun TPA polyester China 

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

Tongkun TPA polyester China 

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

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

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

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

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

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

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

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

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

mrcplast.ru

Author:   Anna Larionova

Related Topics : Polymers Petrochemical Polyamides Prices

US additional duties China 

US plans to introduce additional duties on goods from China 

US additional duties China 

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

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

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

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

mrcplast.ru

Author:   Anna Larionova

Polymers Petrochemicals Recycling Textiles 15-05-2019

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

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

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

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

Tongkun plans to build a production of TPA

Crude Oil Prices Tren

Crude Oil

-US plans to introduce additional duties on goods from China 

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

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

US President Donald Trump earlier warned China against imposing re.

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

Polymers Petrochemicals Recycling Textiles

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

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

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

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

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

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

Polymers

-Evonik to display new polyimide fibres at Techtextil

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

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

-Evonik to display new polyimide fibres at Techtextil

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

(Italian Language Only)

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

Aquafil

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

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

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

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

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

Asia petchem

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

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

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

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

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

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

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

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

Dott.Ferrari ENI CEO

-Trevira to show latest functional textiles at Techtextil14

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

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

Trevira functional textiles at Techtextil14

-Sympatex to close textile recycling loop in 5 years14

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

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

Sympatex to close textile recycling loop

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

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

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

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

BOPET