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Petrochemical PP Biobased Automotive 16-12-2019

Petrochemical PP Biobased Automotive

Petrochemical Polymers Polyolefins PET Prices

Petrochemical PE Biobased Automotive

-PET export resume its operations

A key petrochemical company in Iran significantly increased its production of polyethylene terephthalate, or PET plastic, allowing the country to resume export of a product which has a high demand in bottling and textile industries.

Reza Qassemi Shahri, who serves as the CEO of Shahid Tondgooyan Petrochemical Company (STPC), said that PET output for export had reached a historic record of 110,000 tons per month over October and December this year, reported Press TV.

Qassemi said that new production capacity had allowed the STPC to resume exports of bottling and textile PET in November, a move he described as a major achievement as it could lead to more foreign currency revenues for Iran at a time the country’s oil industry is under the American sanctions.

PET export resume its operations

-BillerudKorsnäs reveals new eco-friendly plant-based barrier paper

The company argues that the paper-based packaging used in bakeries, food outlets and quick service restaurants often contains a treatment of a non-decomposable high-fluorinated chemical, known as PFAS.

Now BillerudKorsnäs is launching Repel Pure, a paper where the grease-resistant barrier is plant-based and totally biological.Petrochemical PP Biobased Automotive

“Today we see an increasing demand for alternatives to PFAS treated products. After working for a long time to find a sustainable alternative to surface treatment with high-fluorinated substances, we are very proud to present our paper Repel Pure,” says Helene Biström, Executive Vice President Division Paper at BillerudKorsnäs.

Petrochemical PP Biobased Automotive

-U.S. Polyester Textured Yarn Producers Applaud U.S. International Trade Commission’s Final Unanimous Affirmative Injury Determination on Imports of Polyester Textured Yarn from China and India

On December 12, 2019, the U.S. International Trade Commission (the “USITC”) reached a unanimous affirmative decision in the final injury investigation on imports of polyester textured yarn from China and India (“subject imports”).

As a result of the USITC’s final affirmative determination, which is expected to be published at the end of December, the U.S. Department of Commerce (“Commerce Department”) will publish antidumping duty (“AD”) and countervailing duty (“CVD”) orders covering the subject imports. Petrochemical PP Biobased Automotive

Petrochemical PP Biobased Automotive

-Second Blow/Label/Fill Block for Water Bottler

Kane Richmond, CEO of Silver Springs Bottled Water, was so pleased with his first InnoPET TriBlock in Mississippi that he wasted no time in procuring a second one for his plant in Florida.Petrochemical PP Biobased Automotive

The stretch blow molder/labeler/filler block is part of what’s now the family business’s eleventh line from KHS. “The Richmonds have always been among the very first to opt for our new technologies. In 2008, for instance, they invested in KHS’s latest InnoPET BloFill stretch blow molder/filler block. And in 2017 they were the first to commission the KHS InnoPET TriBlock with a labeler integrated between the stretch blow molder and filler,” says Alcides Vieira, Vice President Sales & Marketing at KHS USA.

Petrochemical PP Biobased Automotive

-Indonesia local PP suppliers cut offers as import prices fall

Local polypropylene (PP) suppliers in Indonesia cut offers in the week to compete with imported cargoes, whose prices have been on a steady decline.

List prices for locally-produced PP flat yarn grade were at Indonesian rupiah (Rp) 15,570/kg DEL (delivered) Java, down from last week’s list price of Rp15,770/kg DEL Java.

Indonesia local PP suppliers cut offers as import prices fall

-UK chemical industry urges new government to ‘get Brexit right’

Following a Dec. 12’s general election in the United Kingdom which gave a large majority to the Conservative Party, the U.K. Chemical Industries Association has urged the new government to “get Brexit right.”

In a statement, association CEO Steve Elliott said: “The country now has the political clarity and certainty which business has been seeking.”Petrochemical PP Biobased Automotive

“Now we must get Brexit right and secure an exit and future trading relationship between the U.K. and the [European Union] that enables broader manufacturing and the chemical industry to maintain and grow its contribution to the whole of the U.K. economy and to people’s everyday lives,” he wrote.

Petrochemical PP Biobased Automotive

-Czech Unipetrol’s delayed PE3 plant to start up in H1 – analyst

Unipetrol’s delayed flagship Polyethylene 3 (PE3) plant in the Czech Republic is to start up in the first half of 2019, an chemicals equity analyst said on Friday.

The company has throughout this year declined to comment on the status of the koruna (Kc) 8.5bn ($379.3m) project in Litvinov, which had an initial launch date of Q1 2018.

However, Tamas Pletser, an analyst at investment bank Erste Investment, said that the construction had entered the final phase and the facility would be ready in the first half of 2020.Petrochemical PP Biobased Automotive

Unipetrol did not respond to a request for comment.

Czech Unipetrol’s delayed PE3 plant to start up in H1 - analyst

-ExxonMobil shuts French PE production on “significant financial pressure”

ExxonMobil has sent a communique to its customers informing them it has stopped polyethylene (PE) production at its Notre Dame de Gravenchon (NDG), France, site.

The site has a capacity of 500,000 tonnes/year of linear low density polyethylene (LLDPE), including metallocene linear low density polyethylene (MLLDPE).

The letter said its production of PE products has been impacted by a “number of external factors” that have put “significant financial pressure” on its production units.

“As a result we are currently in the process of reviewing upcoming production plans and cost structures to ensure, to ensure a continued viable and profitable production of high quality products for our customers.”Petrochemical PP Biobased Automotive

ExxonMobil shuts French PE production on “significant financial pressure”

-US, China to suspend 15 Dec tariffs, US to cut other duties

The US and China have agreed on Friday to suspend a new round of tariffs that they had planned to impose on each other on 15 December.

In addition, the US will lower tariffs to 7.5% from 15% on $120bn worth of goods, according to both President Donald Trump and the US Trade Representative (USTR). The US imposed those tariffs on 1 September as part 1 in the fourth round of tariffs. Part 2 of the fourth round of tariffs were to be imposed on 15 December, and they are now off the table.Petrochemical PP Biobased Automotive

China had retaliated with its own fourth round of tariffs, also divided into two parts. Under it, China added new tariffs on some products and increased existing ones on other products. It is unclear if China had agreed to lower or roll back part 1 of its fourth round of tariffs.

US, China to suspend 15 Dec tariffs, US to cut other duties

-Plastics tax on arrival ( Italian Language Only)
It will be voted by Parliament at the beginning of the week with the Budget law. Here’s how the provision changed after the amendments.

In the early days of next week the Budget Law with the maxi government amendment will arrive for the first vote in the Senate, on Monday, and the next day in the Chamber. The tight time required for approval will lead to a vote of confidence, which effectively blocks the text of the provision.Petrochemical PP Biobased Automotive

The maneuver contains, in article 79, the infamous tax on plastics, or – better to say – on MACSI, “artifacts with single use that have or are intended to have the function of containing, protecting, handling or delivering goods or products food. ”

Plastics tax on arrival

-UK election outcome reduces political uncertainty, but regulation still key for chems – CBA

The UK Conservative Party’s landslide victory points to the likely ratification of a Brexit withdrawal deal that would reduce political uncertainty, but preserving regulatory alignment with the EU27 will determine the success of the process for the chemicals sector, according to a trade body chief.Petrochemical PP Biobased Automotive

UK chemicals stocks jumped in early Friday trading amid a wider rally in in domestic stock prices and the value of the pound sterling after the governing Conservative Party secured a sizeable majority in the 12 December general election.

Petrochemical PP Biobased Automotive

-US dominance in oil markets is only going to get bigger, the IEA says

The U.S. might have been left out from the big summit between OPEC and non-OPEC producers in Vienna last week but the country‘s influence over global oil markets is only going to get stronger, the International Energy Agency (IEA) stated in its latest report.

“While the U.S. was not present in Vienna, nobody could ignore its growing influence,” the IEA said in its December report, published Thursday. “Last week‘s meeting reminded us that the Big Three of oil – Russia, Saudi Arabia and the United States – whose total liquids production now comprises about 40 percent of the global total, are the dominant players,” the IEA said. Petrochemical PP Biobased Automotive

US dominance in oil markets is only going to get bigger, the IEA says

 

Petrochemical PP Biobased Automotive

Petrochemical PE Biobased Automotive 14-12-2019

Petrochemical PE Biobased Automotive 14-12-2019

Petrochemical PE Biobased Automotive

 

-Recycling revolution

Recycling is in the spotlight. Following China’s import restrictions – which included most plastics – waste management companies across the US began telling municipalities there was no longer a market for recycling. This left communities with two choices – to pay much higher rates to get rid of recycling or to throw it away.

Where recycling does occur, there is a lack of understanding of what can be recycled and how to recycle. While some plastic material cannot be recycled, resins such as PET and HDPE are two of the most recyclable materials on the market.

Petrochemical PE Biobased Automotive

-Chemicals face more Brexit uncertainty after UK election

Whatever the result of Thursday’s UK election, the country’s chemical sector and its trading partners can expect months and possibly years more uncertainty over the country’s withdrawal from the EU. Petrochemical PE Biobased Automotive 

Last pre-election poll suggests Conservative majority of 28 seats

Boris Johnson plans to pull out of EU by 31 January

11 month ‘business as usual’ transition until 31 December 2020

Petrochemical PE Biobased Automotive

-EU leaders extend Russia sanctions for six months over 2014 annex of Crimea

European Union leaders meeting in Brussels on Thursday agreed to extend their main economic sanctions against Russia for six months to the end of July 2020, four diplomatic sources told Reuters.Petrochemical PE Biobased Automotive 

The bloc first slapped sanctions on Moscow after Russia annexed Crimea from Ukraine in 2014 and went on to back separatists facing off against Kiev in the industrial east of the country. Its economic sanctions target Russia’s energy, financial and arms sectors and are currently in place until the end of January.

Petrochemical PE Biobased Automotive

-How Are Colorants Regulated Under the Plastics Regulation?

What is the definition of a “colorant” and the definition of an “additive” in (EU) No 10/2011?  Petrochemical PE Biobased Automotive 

Commercially purchased pigments (colorants) can often contain additives that are incorporated as part of the pigment production process for various reasons.

Are such “colorant additives” required to be listed in EU10/2011?

Petrochemical PE Biobased Automotive

-India starts MEG anti-dumping investigation

The Indian government has started an anti-dumping investigation into imports of mono-ethylene glycol (MEG) from Saudi Arabia, Kuwait, Oman, UAE and Singapore.

The probe follows a petition from private-sector Indian producer Reliance Industries (RIL), with support from India Glycols. Petrochemical PE Biobased Automotive 

The investigation will focus on the January-September 2019 period but the assessment of the extent of damage dealt to the domestic industry will cover 2016-19, according to the official notice of the probe.

Petrochemical PE Biobased Automotive

-HomeMarket ResearchLatest Research Report To Uncover Key Factors Of Global PET Preform 2020

Market study Predicts Growth in PET Preform industry with Focus on Emerging Technologies, Regional Trends, Competitive Landscape Production-Consumption Ratio, Consumption Capacity by Volume and Production Value, leading countries with regional comparison and forecast 2020-2029. Petrochemical PE Biobased Automotive 

The market has uncovered rapid development in the current and past years and is going to progress with a continuing development in the upcoming years. The report used to provide cutting-edge market skills that will help decision-makers to take beneficial decisions for the business. In-detailed case studies on the various countries which are actively included in the pet preform production are also presented in the research report.

Petrochemical PE Biobased Automotive

-Oil nears three-month high as trade hopes, UK election lift sentiment

NEW YORK (Reuters) – Oil rose on Friday to its highest in nearly three months as investors cheered progress in resolving the U.S.-China trade dispute and a decisive general election result in Britain. Petrochemical PE Biobased Automotive 

China’s Vice Finance Minister said the first phase of trade negotiations achieved major progress and Beijing has decided to cancel tariffs scheduled to take effect on Sunday. On Thursday, U.S. sources said Washington has set its terms for a deal, offering to suspend some tariffs on goods and cut others in exchange for Chinese purchases of more American farm goods.

Oil nears three-month high as trade hopes, UK election lift sentiment

-Coca-Cola hits back at ad complaint

Coca-Cola European Partners has rejected criticism of Christmas advertising promoting the green credentials of its packaging for not being ‘single use’.

The company’s recent advertising campaign claims “single-use plastic bottles are only single-use if they are thrown away”, with ads appearing in newspapers and tube stations. However, environmental group City to Sea responded to the marketing by complaining to the Advertising Standards Authority (ASA), claiming the adverts were ‘misleading’. It claimed Coca-Cola packaging often contributed to food and drink packaging waste, despite being billed as eco-friendly. Petrochemical PE Biobased Automotive 

Coca-Cola hits back at ad complaint

-New Delabeler from STADLER Increases Output & Purity for Bottle Recyclers

German recycling equipment manufacturer, STADLER, has launched a new Delabeler for plastic bottle sorting plants, where it can significantly increase the output and purity rates.

Plastic has become an indispensable feature of modern life, and has many redeeming qualities: it is flexible and strong, as well as light; it can be used in place of natural resources such as ivory or wood, and is very good for keeping foods fresh, just to mention a few. However, its durability means that it does not break down easily when it is discarded, so that plastic waste is building up in landfills and flooding our oceans.

A responsible use of plastic, and its re-introduction into the production cycle at the end of its life through recycling, have become a necessity in order to address this issue effectively.Petrochemical PE Biobased Automotive 

New Delabeler from STADLER Increases Output & Purity for Bottle Recyclers

Petrochemical PE Biobased Automotive

Petrochemical Carbon Fiber Automotive News 12-12-2019

Petrochemical PEF Biobased Automotive 13-12-2019

Petrochemical PEF Biobased Automotive

China – Polyethylene Terephthalate

PET and its chain increase.

Crude oil price isin health.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

Naphtha is at US $/ton 574

PET Bottle grade export 790/830 $/ton PET Bottle grade domestic market 6,500/6,600 yuan/ton PET Filament grade SD domestic market 6,200/6,300 yuan/ton – PET Filament grade BR domestic market 6,250/6,350 yuan/ton

PTA Taiwan 605/615 $/ton PTA domestic market 4,800/4,900 yuan/tonMEG  600/610 $/ton – MEG domestic market 5,500/5,600 yuan/tonPX Korea 785/795 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,900  yuan/tonPolyester DTY 150D/48F  domestic market 8,600/8,700  yuan/tonPolyester Staple PSF domestic market 6,850/6,950 yuan/ton

Petrochemical PEF Biobased Automotive

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Mars and Nestle spearhead chemicals recycling scheme for plastics

Mars and Nestlé have teamed up with packaging solutions firm Citeo, energy giant Total and recycling technology provider Recycling Technologies to develop an industrial chemical recycling process for plastic packaging in France.

The companies from all points of the plastic packaging value chain have teamed up to examine the technical and economic barriers and feasibility of developing recycling solutions for packaging such as multi-layered food-grade packaging. The initiative is targeting types of plastics deemed non-recyclable that are sent for incineration or disposed of in landfill instead.

Petrochemical PEF Biobased Automotive

-Flexibles continue to rise

Shifting consumer preferences and an evolving retail landscape will generate revenues of $172.3 million in the global f flexible plastics packaging market between 2018 to 2023, with a steady CAGR of 3.2 per cent during this period, reports Frost & Sullivan.

A growing need for innovative flexible plastic packaging options that meet recyclability, regulatory, and sustainability standards are further factors augmenting lucrative market expansion possibilities. Petrochemical PEF Biobased Automotive 

Petrochemical PEF Biobased Automotive

-MRFs enjoy higher prices for key recovered plastics

Market graph iconPrices for curbside natural high-density polyethylene have climbed even higher over the past month. Paper prices remain painfully low.

The price of natural HDPE from curbside collection programs is up again this month. The national average price has now reached 58.25 cents per pound, compared with 51.75 cents this time last month. In some areas, the plastic type is trading as high as 62.00 cents per pound, a 10-year high.

One year ago, the national average for this grade was 38.69 cents per pound. The last similar high was five years ago, in September 2014, when it reached a national average of 52.69 cents per pound. possibilities.Petrochemical PEF Biobased Automotive 

MRFs enjoy higher prices for key recovered plastics

-Fast automated sorting system installed for Nelson-Tasman recycling

A new automated recycling system installed near Nelson is faster and sorting more grades of recyclable materials than the former method of sorting by hand.

Officially opened on Wednesday at the Smart Environmental Materials Recovery Facility in Richmond, the Alchemy SureSort system is one of two only installed in New Zealand. Smart funded half of the $320,000 project, with the Government covering the other 50 per cent, via the Ministry for the Environment’s Waste Minimisation Fund.Petrochemical PEF Biobased Automotive 

Petrochemical PEF Biobased Automotive

-Sustainably Sourced Bioplastic packaging Started by a Company

Tetra Pak, in conjunction with its provider Braskem, were the pioneer companies in the food in addition to beverage market to supply polymers with the assistance of the Bonsucro standards for the sugar cane. Petrochemical PEF Biobased Automotive 

This leap is another gearing of the company ’s commitment in forcing accountable in addition to ethical business global supply chains, hence diminishing the carbon footprint of packing.

Petrochemical PEF Biobased Automotive

-TenCate Protective Fabrics Fire Service Offering Now Certified to Standard 100 by OEKO-TEX®

TenCate Protective Fabrics remains committed to protecting and empowering its end-users in every aspect of life. That’s why we’re proud to announce that the TenCate Protective Fabrics family of products for the Fire Service market is now OEKO-TEX® certified.

Certification by OEKO-TEX® to the STANDARD 100 has been completed for TenCate Protective Fabrics’ outer shells and thermal liners. Petrochemical PEF Biobased Automotive 

In addition, TenCate Protective Fabrics’ revolutionary Tecasafe® Plus, available in both woven and knit fabrics, are OEKO-TEX® certified. Tecasafe® Plus is one of TenCate’s best-performing fabrics for FR Stationwear and serves thousands of wearers in the Fire Service.

TenCate Protective Fabrics Fire Service Offering Now Certified to Standard 100 by OEKO-TEX®

-Azerbaijan to start producing bioplastic

Azerbaijan will build its first bioplastic plant in the High Technology Park in Pirallahi, in the outskirts of Baku, Board Chairman of the Azerbaijan’s Innovation Agency Tural Karimli has said. Petrochemical PEF Biobased Automotive 

“TechnipFMC” and “Yeni Kapital” companies signed initial agreement in Azerbaijan’s Innovation Agency on December 11 as part of the above-mentioned project titled “PLA” (Polylactic acid). The document was signed by the head of the Innovation Agency Tural Karimli, President of TechnipFMC Marco Villa and CEO of Yeni Kapital Kanan Najafov.

Azerbaijan to start producing bioplastic

-Sulapac and Quadpack partner on microplastic-free packaging

Finnish biomaterials start-up Sulapac and cosmetic industry packaging supplier Quadpack have agreed to partner on microplastic-free packaging.

The agreement will enable Quadpack to become the ‘Preferred Global Cosmetics Packaging Partner’ in Sulapac’s partner programme. Sulapac’s existing and new cosmetic customers will have access to various sustainable packaging solutions.

In addition, the partnership will allow Sulapac to sell its microplastic-free solutions as part of Quadpack’s cosmetic packaging product range. Petrochemical PEF Biobased Automotive 

Sulapac and Quadpack partner on microplastic-free packaging

-Progress against a world without waste

We’re committed to creating a World Without Waste by taking responsibility for the packaging we introduce to markets and working to reduce ocean pollution.

DESIGN -Aspire to create packaging that contains at least 50% recycled material by 2030 and continue pursuing the goal to make all consumer packaging 100% recyclable by 2025.

New Technologies

Our R&D team continues to evaluate new technologies, and this summer we joined DEMETO’s, developers of the gr3n technology for chemical recycling,Industrial Advisory Board. Petrochemical PEF Biobased Automotive 

-Progress against a world without waste

Petrochemical PEF Biobased Automotive

Petrochemical Carbon Fiber Automotive News 12-12-2019

Petrochemical Carbon Fiber Automotive News 12-12-2019

Petrochemical Carbon Fiber Automotive

-Crude Oil Prices Trend 

-DSM sets ambitious targets for personal protection and sustainability of its Dyneema® high performance fibers

Royal DSM, a global science-based company in nutrition, health and sustainable living, today announces new sustainability ambitions for Dyneema®, the world’s strongest fiber™. In doing so, DSM aims to realize a more transparent and circular value chain for Dyneema, including improved sustainable business operations together with partners and suppliers.

The new targets for DSM’s Dyneema portfolio address industry-specific demands and are fully aligned with DSM’s commitment to create brighter lives for all and focused on the three key areas in which DSM is driving sustainable markets: Nutrition & Health, Climate & Energy and Resources & Circularity. This follows DSM’s strategy ‘Growth & Value – Purpose led, Performance driven’.

Petrochemical Carbon Fiber Automotive

-Reliance to adopt CertainT platform for recycled PET

Applied DNA Sciences, Inc. (Applied DNA), a leader in large-scale PCR-based DNA manufacturing and authentication, announced today that it has signed a non-binding memorandum of understanding (MOU) with Reliance Industries Ltd. (RIL) to develop and commercialize apparel made from RIL’s R|Elan GreenGold fabric and Recron GreenGold recycled polyester fibre and filament powered by CertainT.Petrochemical Carbon Fiber Automotive

The collaboration as set forth in the MOU, provides for potentially extending apparel manufacturing using R|Elan GreenGold, and the use of recycled polyester through Recron GreenGold into consumer and industrial applications in the global markets.

Petrochemical Carbon Fiber Automotive

-Sorting Machines Market To Exhibit Significant Opportunity Assessment During The Forecast Period 2017 – 2025

Sorting Machines Market: Introduction

Sorting is arranging items in systematical way or grouping similar items.

Sorting Machines are used to separate things into predetermined ways. Sorting Machines are designed to make things easier and the Sorting Machine techniques can be optical sorting, digital sorting, sensor sorting, magnet sorting and many more and these equipment sort objects on the basis of color, structural properties, weight, size, chemical composition, shape etc. in automated manner.  Petrochemical Carbon Fiber Automotive

Color sorting machine technology can be camera, X-ray, Laser, LED based, Hyper Spectral Imaging. Food sorting machines are integration of mechanical and optical sorting technologies.

Petrochemical Carbon Fiber Automotive

-AIMPLAS carries out research on conductive plastic materials for intelligent and sustainable transport

AIMPLAS has set up the FLEXOTRONICA project, which aims to develop flexible electronics and plastic electronics solutions based on lightweight, electrically conductive plastics that can be adapted to complex geometries. Petrochemical Carbon Fiber Automotive

These advances will make it possible to integrate lightweight electromagnetic shielding elements in vehicles to prevent interference, as well as capacitive surfaces that eliminate the need for buttons, screens, LEDs, and circuits.

Petrochemical Carbon Fiber Automotive

-Exploring mono-materials

Demand for mono-materials in packaging has been growing as the industry moves from a linear to a circular economy. We spoke to Lorena Rodríguez, researcher at the Functional Printing and Coatings Department of AIMPLAS, and asked her about challenges and possible solutions.Petrochemical Carbon Fiber Automotive

-Have you observed a growth in the use of mono-materials in the packaging industry, and if so, what do you think lies behind that growth?

Nowadays, there is a paradigm change, from a linear to a circular economy, to ensure there’s enough food, water and prosperity in 2050.

Exploring mono-materials

-2019: The year of rPET?

Heightened awareness of plastics pollution has driven an unprecedented level of interest in rPET, with a raft of collection and recycling commitments, reports industry analyst Wood Mackenzie.Petrochemical Carbon Fiber Automotive

“Beyond regulatory commitments, such as the EU’s single-use plastics directive that was announced earlier this year, ambitious recycled content sustainability goals have been publicised by many brand owners,” explained principal analyst said Pieterjan Van Uytvanck.“Some brand owner targets exceed the EU single-use plastics directive, further highlighting the momentum behind the shift towards achieving a circular economy.”

2019: The year of rPET?

-Stora Enso and Sulapac bring sustainable straw to market

Stora Enso and Sulapac are launching a renewable and biodegradable straw to combat the global problem of plastic waste.

The straw has strong usability and works just like a traditional straw. The new straws are available to brands and consumers looking for more eco-friendly solutions.

The first customers include Finnair’s lounges in Helsinki, replacing their plastic and paper straws, food delivery platform Wolt, the alcoholic beverage brand company Altia, Hotel St. George, and vegan café Kippo, among others.

Petrochemical Carbon Fiber Automotive

-Helsinki-based Sulapac raises €15 million to become the number one sustainable material replacing plastic

Finnish startup Sulapac has raised €15 million to boost its plans to scale up and internationalise. Investors include the world’s leading luxury house Chanel and international media houses, all with valuable expertise to accelerate Sulapac’s expansion.

The investment round will enable Sulapac, the startup replacing plastic with its microplastic-free material innovation, to scale-up its material production and continue the development of new and improved formulas, including a flexible version of its Universal Material for Injection Molding.

Helsinki-based Sulapac raises €15 million to become the number one sustainable material replacing plastic

-How can we accelerate ‘circular’ plastics?

Around 26% of top 100 brands say they want to reduce plastics production, according to Daniel Nordigarden of McKinsey & Company.

If plastics demand follows its current trajectory, the global volume of plastic scrap could grow ‘tremendously’, Recycling International heard at the recent Paper & Plastics Recycling Conference in Barcelona. ‘Figures are predicted to go up from 260 million tons per year in 2016 to 460 million tons per year by 2030,’ Nordigard reports.

How can we accelerate ‘circular’ plastics?

 

Petrochemical PEF Bioplastics Automotive News 11-12-2019

Petrochemical Carbon Fiber Automotive

Petrochemical PEF Bioplastics Automotive 11-12-2019

Petrochemical PEF Bioplastics Automotive

China – Polyethylene Terephthalate

PET and its chain are assessed mixed,with the MEG in health.

Crude oil price is weak.

Polyamide 6 and its chain are in health.

Acrylonitrile is steady.

Naphtha increases to $/ton 576

PET Bottle grade export 770/820 $/ton PET Bottle grade domestic market 6,350/6,500 yuan/ton PET Filament grade SD domestic market 6,050/6,150 yuan/ton – PET Filament grade BR domestic market 6,050/6,200 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,700/4,800 yuan/tonMEG  590/605 $/ton – MEG domestic market 5,050/5,200 yuan/tonPX Korea 780/790 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,900  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PEF Bioplastics Automotive

-Crude Oil Prices Trend

Crude Oil Prices Trend

-The Nylon 46 market is one of the best sectors in which to invest in 2019

( Italian Language Only)

The in-depth market study of the sector and the in-depth qualitative analysis of the “global market Nylon 46 surprising growth 2019 and 2027 forecasts” will include the entire ecosystem of the sector and is very important to improve business productivity, covering five main regions, namely say North America, Europe, Asia Pacific, Latin America and the Middle East and Africa, and the main countries that fall into these regions.

Leading manufacturers in the Nylon 46 market: Koninklijke DSM N.V., Honeywell International Inc., Sabic Innovative Plastics LLC, E. I. du Pont de Nemours and Company, Asahi Kasei Corporation, Evonik Industries AG, and Li Peng Enterprice Company Ltd.

Petrochemical PEF Bioplastics Automotive

-Lenzing Announces First Virgin Lyocell From Post-Consumer Cotton

After the September announcement of an upgraded Refibra technology that increased upcycled cotton-scrap pulp composition, Lenzing, Austria–headquartered Lenzing revealed another advancement with the product.

Building upon the existing process that relies on the upcycling of pre-consumer cotton scraps, which are a byproduct of cotton production, the company announced that it had increased up to 30 percent the composition of upcycled cotton-scrap pulp used in the product. Petrochemical PEF Bioplastics Automotive

On Dec. 3, it announced the completion of its second phase, which allows for up to 10 percent of post-consumer cotton waste to be used in manufacturing.

Petrochemical PEF Bioplastics Automotive

-Italy backtracks on plastic tax

The Italian government has backpedalled on a controversial tax on plastic in its 2020 budget following protests from producers in a region which will hold a key local election in January.Petrochemical PEF Bioplastics Automotive

In an amendment made to the 2020 budget bill on Thursday, the government halved its planned tariff on plastics and excluded products that contain recycled and biodegradable plastic.

The tax has now been set at 50 cents per kilogram of plastic product instead of €1.

The law will also now exclude all medical devices and containers, not just syringes, as was written in the first draft.

Petrochemical PEF Bioplastics Automotive

-INEOS Styrolution, Agilyx advance PS chemical recycling US plant

Germany’s INEOS Styrolution and US-based Agilyx are advancing the development of a polystyrene (PS) chemical recycling facility in Channahon, Illinois, capable of processing up to 100 tonnes/day of post-consumer PS, the companies said on Monday.

The facility will chemically treat post-consumer plastic waste contaminated with food and other organics and convert it back into new, food-grade plastic products or packaging.

Petrochemical PEF Bioplastics Automotive

-Graphene takes off in composites for planes and cars

The Graphene Flagship brought together top European researchers and companies to discuss the most disruptive ways graphene could enhance composites used in the aerospace, automotive and energy industries.Petrochemical PEF Bioplastics Automotive

The multidisciplinary team involved researchers from academic institutions, business enterprises such as Graphene Flagship Partners Nanesa and Avanzare, and large transportation end-user industries, such as Graphene Flagship Partners Airbus and Fiat.

Graphene takes off in composites for planes and cars

-Solvay and SGL Carbon collaborate to develop highly-competitive advanced carbon fiber composites

Solvay and SGL Carbon have entered into a joint development agreement (JDA) to bring to market the first composite materials based on large-tow intermediate modulus (IM) carbon fiber. These materials, which address the need to reduce costs and CO2 emissions, and improve the production process and fuel efficiency of next-generation commercial aircraft, will be based on SGL Carbon’s large-tow IM carbon fiber and Solvay’s primary structure resin systems.Petrochemical PEF Bioplastics Automotive

The agreement encompasses both thermoset and thermoplastic composite technologies. It builds on Solvay’s leadership in supplying advanced materials to the aerospace industry and SGL Carbon’s expertise in high-volume carbon fiber manufacturing.

Solvay and SGL Carbon collaborate to develop highly-competitive advanced carbon fiber composites

-EURATEX preliminary proposals for a new Circular Economy Action Plan for Textiles

Welcoming Mr. Calleja Crespo, Director General of the European Commission DG Environment at the Board of Directors meeting, EURATEX is pleased to anticipate preliminary proposals for a new Circular Economy Action Plan for the Textile value chains to ensure sustainable resource use and tackle urgent environment, social and economic challenges.Petrochemical PEF Bioplastics Automotive

The EURATEX strategy, Prospering in the Circular Economy 2019, elaborates on 12 key points, 6 conditions and 38 specific proposals under 9 actions.

The strategy is the result of an extensive, bottom-up consultation with EURATEX members, national and sector associations and more than 100 European companies and other stakeholders.

Petrochemical PEF Bioplastics Automotive

-HONEYWELL UOP TECHNOLOGY TO PURIFY HYDROGEN FOR ZHEJIANG SATELLITE PETROCHEMICAL

Zhejiang Satellite Petrochemical Co., Ltd. is using a Polybed pressure swing adsorption (PSA) unit supplied by Honeywell UOP (Des Plaines, Ill.; www.uop.com) to provide high-purity hydrogen to its integrated refining and petrochemicals complex in China. The PSA unit purifies hydrogen generated by its UOP C3 Oleflex propane dehydrogenation (PDH) unit.Petrochemical PEF Bioplastics Automotive

Zhejiang Satellite, which recently announced a second C3 Oleflex unit to meet the growing propylene demand in China, has used the PSA technology to upgrade the purity of hydrogen to meet refining needs. In addition to technology licensing, Honeywell UOP, a technology leader in the oil and gas industry, provided services, equipment, catalysts and adsorbents for the Satellite plant.

Petrochemical PEF Bioplastics Automotive

-Oil prices up with positive US, China trade talks

Trade talks are ‘heading in a good direction,’ White House adviser Jared Kushner says

ANKARA

Crude oil prices were up early Tuesday supported by a top U.S. official’s comments on positive trade talks between the U.S. and China on Monday.

The trade talks between the world’s two largest economies are “heading in a good direction,” the White House adviser Jared Kushner said.

However, he confirmed that he did not know what decision the U.S. President Donald Trump, who is also his father-in-law, would make.

Oil prices up with positive US, China trade talks

-ADNOC AND RELIANCE SIGN FRAMEWORK AGREEMENT FOR POTENTIAL ETHYLENE DICHLORIDE PLANT

The Abu Dhabi National Oil Company (ADNOC; www.adnoc.ae) signed a Framework Agreement with Reliance Industries Ltd.(RIL; Mumbai, India; www.ril.com) to explore development of an Ethylene Dichloride (EDC) facility in Ruwais, Abu Dhabi.

Under the terms of the agreement, ADNOC and RIL will evaluate the potential creation of a facility that manufactures EDC adjacent to ADNOC’s integrated refining and petrochemical site in Ruwais, Abu Dhabi and strengthen the companies’ existing relationship supporting future collaboration in petrochemicals. Petrochemical PEF Bioplastics Automotive

ADNOC AND RELIANCE SIGN FRAMEWORK AGREEMENT FOR POTENTIAL ETHYLENE DICHLORIDE PLANT

Petrochemical PEF Bioplastics Automotive

Petrochemical PEF Circular Economy News 10-12-2019

Petrochemical PEF Circular Economy News 10-12-2019

Petrochemical PEF Circular Economy

China – Polyethylene Terephthalate

PET and its chain continue to be assessed mixed.

Crude oil price is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is weak.

Naphtha is steady at US $/ton 562

PET Bottle grade export 770/820 $/ton PET Bottle grade domestic market 6,350/6,500 yuan/ton PET Filament grade SD domestic market 6,000/6,100 yuan/ton – PET Filament grade BR domestic market 6,050/6,150 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,750/4,850 yuan/tonMEG  585/595 $/ton – MEG domestic market 4,950/5,050 yuan/tonPX Korea 785/795 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,900  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PEF Circular Economy

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Polyethylene’s crisis will create Winners and Losers

Polyethylene markets (PE) are moving into a crisis, with margins in NE Asia already negative, as I have been forecasting.  Scenario planning is now a matter of potential life or death for companies likely to be impacted over the next 12-18 months.

The collapse in margins is already quite dramatic as the chart based on ICIS data shows:

NEA margins were $657/t in January 2017, and are now -$100/t; SE Asian margins have fallen from $909/t to $103/t

NW Europe margins  are down from $739/t to $300/t; US Gulf margins are down from $965/t to $603/t: Middle East margins are down from $1125/t to $833/t

Polyethylene’s crisis will create Winners and Losers

-More plastic could help create a circular economy

As consumer demand increases and more companies pledge to use recycled materials, a plastic paradox has surfaced. Now, more plastic needs to be collected to meet the rising demand for eco-friendly materials   Petrochemical PEF Circular Economy

Plastic is a valuable material with good versatility. Its value, however, is lost if it’s not treated correctly throughout its life cycle. While consumer awareness grows, governments continue to set regulations to reduce plastic consumption, and companies around the globe are responding with commitments to use recycled materials in their products and packaging. However, this increased demand has created a plastic paradox: there isn’t enough plastic being collected and recycled to meet fresh demand and preserve the planet’s non-renewable resources.

Petrochemical PEF Circular Economy

-TOMRA aims to lead a plastic resource revolution

Plastic seems to have become public enemy number one. Barely a day goes by without this material receiving bad press for cluttering our streets or damaging marine life. But while plastic is not bad per se, the way that society is treating it throughout its life cycle is.

With demand for plastic continuing to grow, governments and private organisations are not doing enough to collect and recycle the material to create a closed loop; a resource revolution is needed. Petrochemical PEF Circular Economy

TOMRA, a resource optimisation firm based in Norway, believes that it offers a way to satisfy demand without compromising the planet’s collective environmental conscience.

Petrochemical PEF Circular Economy

-Is shale development worth the costs? A CMU study says no.

Research finds shale gas jobs don’t offset damage done

Although the massive shale gas build-out in the Appalachian Basin has produced significant economic benefits, a new Carnegie Mellon University study says all the drilling, fracking and cracking isn’t worth the environmental, health and climate damage.

The study estimates air pollution from shale gas development activities in Pennsylvania, Ohio and West Virginia from 2004 to 2016 resulted in 1,200 to 4,600 premature deaths in the region, and while most of the added employment occurred in rural areas, most of the health impacts were felt in urban areas. Petrochemical PEF Circular Economy

Petrochemical PEF Circular Economy

-American Beverage Association launches ‘Every Bottle Back’ campaign

Someone from the plastics industry once commented to me that “you can’t recycle it if you can’t get your hands on it.” The American Beverage Association (ABA; Washington, DC) announced that America’s leading beverage companies—the Coca-Cola Co., Keurig Dr Pepper and PepsiCo—have initiated a “breakthrough” effort to increase recycling rates and reduce the use of virgin resin by increasing collection of the industry’s valuable plastic bottles to make into new bottles.Petrochemical PEF Circular Economy

The goal is stated in the name of the initiative—Every Bottle Back—that will support the circular plastics economy by reinforcing to consumers the value of their 100% recyclable plastic bottles and caps and ensuring they don’t end up as waste in oceans, rivers or landfills, said the announcement.

American Beverage Association launches ‘Every Bottle Back’ campaign

-Why cost of oil production may remain high – Experts

Unless a pragmatic approach aimed at reducing operating costs is deployed, stakeholders have raised concerns that cost of oil production will continue to be high in Nigeria compared to that of other oil-producing countries.Petrochemical PEF Circular Economy

While crude oil is produced in some countries for less than $8 per barrel, it is hovering around $28.99 in Nigeria. Several attempts to reduce the cost in the past have been unsuccessful, but the Minister of State for Petroleum Resources, Timipre Sylva has said that he is poised to bring it down to $9 per barrel.

Petrochemical PEF Circular Economy

-VW seeks partner for Sitech seating business

Volkswagen is looking for a partner for its Sitech seating business to share development costs for new technologies.Petrochemical PEF Circular Economy

Thomas Schmall, head of VW Group Components division, sees a chance for Sitech to develop seating solutions for autonomous cars, where occupants may not be in the conventional position facing forward when a crash occurs.

-Both EBM and IBM tech enable designing innovative solutions, says Kapote

Extrusion Blow Moulding (EBM) and Injection Moulding (IBM) are processes extensively used for the production of HDPE (High-Density Polyethylene) and PP (polypropylene)products.Petrochemical PEF Circular Economy

Both EBM and IBM technologies offer freedom in designing innovative packaging solutions, according to Sanjay Kapote, CEO, Manjushree Technopack.

“Premiumisation of products like curvy bottles, with variable neck and innovative flip top caps are the need of the hour. NowEBM and IBM technologies allow packaging solution providers like us todeliver these design capabilities,” he stated.

Both EBM and IBM tech enable designing innovative solutions, says Kapote

-Techtextil, Texprocess Americas to snapshot industry future

The largest event for technical textiles, nonwovens, machinery, sewn products and equipment in the Americas returns to Atlanta, May 12-14, 2020.

The themes for the 2020 editions are ‘Converging Technologies’ and ‘Igniting Progress’, emphasising the events’ reputations as catalysts for modern textile manufacturing. Each show’s features will highlight the important contributions of product and process innovators to moving the industry forward.Petrochemical PEF Circular Economy

Techtextil, Texprocess Americas to snapshot industry future

-EU clears Alpek’s acquisition of Lotte UK

The European Commission has approved the proposed acquisition of Lotte Chemical UK Ltd by petrochemicals giant Alpek, part of Mexican conglomerate Alfa Group.

In its decision, announced Dec. 4, the European Commission concluded that the proposed transaction would raise no competition concerns given the limited horizontal and vertical overlaps between the activities of the companies.Petrochemical PEF Circular Economy

EU clears Alpek's acquisition of Lotte UK

-Australian researchers discover how to reclaim polyester

Queensland University of Technology in Australia says it has discovered how to separate polyester from blended fabrics without damaging the fibres.

Australians send around 500 000 tonnes of textiles to landfill every year which translates to clothing worth AU$ 140 million (EUR 86.4 million) annually. Such items tend to have an average lifetime of only a couple of months. Smart minds across the world are asking the question; how can we do better?  Petrochemical PEF Circular Economy

Professor Robert Speight and Dr. Laura Navone report that a commercial enzyme is able to dissolve wool fibres from polyester and wool mix fabrics. ‘The polyester extracted from fabric can be made into polyester chips and turned into anything from yarn for new textiles to playground equipment,’ Speight says.

Australian researchers discover how to reclaim polyester

Petrochemical PEF Carbon Fibers News 09-12-2019

Petrochemical PEF Circular Economy

Petrochemical PEF Carbon Fibers News 09-12-2019

Petrochemical PEF Carbon Fibers

Petrochemical Polymers Bottle Recycling Prices

Petrochemical PEF Carbon Fibers

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Sun Chemical Releases 2018 Sustainability Report

Sun Chemical released its 2018 Corporate Sustainability Report, which focuses on how its commitment to sustainbility has led to new products and services that help customers improve their eco-efficiency goals. Petrochemical PEF Carbon Fibers

The 2018 report shows that Sun Chemical achieved its recent energy and water usage goals and highlights various initiatives that Sun Chemical has implemented to increase its overall commitment to developing sustainable solutions for customers, such as:

  • a long-term strategic target to reduce CO2 levels by at least 30 percent by 2030

Petrochemical PEF Carbon Fibers

-Bioplastic Packaging Market Scope and Growing Demands 2019 | Koninklijke DSM N.V., NatureWorks, LLC, Metabolix, Inc

Statistics show that plastics are currently the third most commonly used byproducts from the oil and gas industry and the global consumption rate of plastics has crossed 200 mn tons per year. Petrochemical PEF Carbon Fibers

Several countries are banning the use of conventional plastic bags. Massive deposits of plastics in the ocean are responsible for the large scale death of marine and aerial species due to either ingestion or by getting stuck in them.

Nations, individuals, and private agencies are protesting very strongly against the large scale use of plastics, while promoting the use of biodegradable plastics, or bioplastics.

Petrochemical PEF Carbon Fibers

-Hyosung starts commercial operation of Indian spandex unit

South Korea’s Hyosung Corporation recently launched commercial operations at its first spandex plant in India recently.Petrochemical PEF Carbon Fibers

Located in the AURIC Industrial Complex near Aurangabad in Maharashtra, the new plant has an annual production capacity of 18,000 tonnes.

With this, Hyosung aims to increase its spandex market share from 60 per cent now to 70 per cent.

Petrochemical PEF Carbon Fibers

-Teijin Frontier launches new fabric for sports and outdoor

Teijin Frontier envisions its new fabric finding diverse applications in high-function wear, such as sports and outdoor wear, fashionwear, school and corporate uniforms and more.

The company is targeting annual sales of 400,000m by the fiscal year ending in March 2023.Petrochemical PEF Carbon Fibers

Petrochemical PEF Carbon Fibers

-OPEC, Non-OPEC Agree on Deeper Oil Output Cut

OPEC and OPEC+ have cut their collective production by 1.2 million bpd since January 2018 in a bid to counter increasing global oil supply from the likes of US shale oil producers and lackluster demand

OPEC and its allies (OPEC+ including Azerbaijan, Bahrain, Brunei, Kazakhstan, Malaysia, Mexico, Oman, South Sudan and Sudan) led by Russia agreed to cut output by an additional 500,000 barrels per day until March 2020 as the 177th OPEC meeting held in Vienna, Austria, closed on Friday.Petrochemical PEF Carbon Fibers

The move (seeking to prop up the price of crude as the global economy weakens and US production soars) brought the total production cut to 1.7 million barrels per day, or 1.7% of global demand, Reuters reported.

Petrochemical PEF Carbon Fibers

-Pemex announces discovery of ‘giant’ crude oil deposit

Mexican state oil company Pemex said on Friday it has discovered a deposit in southeastern Mexico that could yield 500 million barrels of crude, calling it the largest such finding in more than 30 years.Petrochemical PEF Carbon Fibers

Pemex said it first discovered the field in Tabasco state in May, before beginning studies to evaluate its viability. The site, called Quesqui, is a so-called 3P reserve, made up of deposits considered proven, probable and possible.

Pemex announces discovery of 'giant' crude oil deposit

-EURATEX Preliminary Proposals For A New Circular Economy Action Plan For Textiles

Welcoming Mr. Calleja Crespo, Director General of the European Commission DG Environment at the Board of Directors meeting today, EURATEX is pleased to anticipate preliminary proposals for a new Circular Economy Action Plan for the Textile value chains to ensure sustainable resource use and tackle urgent environment, social and economic challenges.Petrochemical PEF Carbon Fibers

The EURATEX strategy, Prospering in the Circular Economy 2019, elaborates on 12 key points, 6 conditions and 38 specific proposals under 9 actions.

EURATEX Preliminary Proposals For A New Circular Economy Action Plan For Textiles

-Coca-Cola Hungary decreases PET bottle weight by another 4%

After a 4% bottle weight reduction in 2018, plastic will be further reduced by 4% in production in 2020 by Coca-Cola Hungary, the company tells the Budapest Business Journal.Petrochemical PEF Carbon Fibers

The investment will cost circa HUF 100 million. Coca-Cola Hungary expects to use 600 tonnes less plastic annually, corresponding to the weight of 24 million PET bottles. The bottles produced by the company are already 100% recyclable, and there are plans for increasing the proportion of recycled plastic to 50% by 2030. The proportion of recycled PET currently stands at 27% on average.

Coca-Cola Hungary decreases PET bottle weight by another 4%

-Chlorophyll Water’s Bottle Designed to be 100% Landfill Biodgradable

A proprietary organic additive integrated into the bottle mold accelerates the natural biodegradation of the bottle in biologically active landfills and anaerobic digesters

Chlorophyll Water, a plant-powered purified water enhanced with Chlorophyll, has integrated a proprietary organic additive into the bottle mold of its 100% recyclable, BPA-free, non-toxic 20-oz bottle that accelerates the natural biodegradation of their bottle in biologically active landfills and anaerobic digesters. Petrochemical PEF Carbon Fibers

According to the company, this process allows Chlorophyll Water’s bottle to be landfill biodegradable.

Chlorophyll Water’s Bottle Designed to be 100% Landfill Biodgradable

-FEAD rejects calls for plastics-to-oil tech to be classed ‘recycling’

A key waste industry lobbying group has poured doubt on whether the chemical recycling of plastics should be regarded as equivalent to mechanical recycling and count towards achieving EU recycling targets.

In a position statement, the European Federation of Waste Management and Environmental Services (FEAD) argues that chemical recycling is currently “appropriately defined” in the Waste Framework Directive.

Under present rules, chemical recycling installations are classified as waste treatment plants. Petrochemical PEF Carbon Fibers

FEAD rejects calls for plastics-to-oil tech to be classed 'recycling'

-Brüggeman takes on higher temperature nylon

For additives maker L. Brüggemann GmbH & Co. KG, the proposition was simple and the solution complex.

Customers were coming to the Heilbronn, Germany-based company looking for a new product to allow for higher-temperature applications for nylons in automotive applications.

There already were patent-protected products on the market from the big players, said Peter Beck, senior technical marketing manager for polymer additives at Brüggemann.

Brüggeman takes on higher temperature nylon

Petrochemical PEF Carbon Fibers

Petrochemical PET PEF Graphene News 07-12-2019

Petrochemical PET PEF Graphene News 07-12-2019

Petrochemical PET PEF Graphene

-Recycling a bright spot for compounding extruder suppliers

Compounding extruder suppliers report U.S. business was flat or down in 2019, reflecting a weaker automotive business and some general delays in capital investments — but recycling lines and turnkey systems are holding up.

Meanwhile, big extrusion lines for manufacturing polyolefins have been a bright spot.

Even though several compounding equipment makers say the market is more difficult, they don’t see a return to the big cyclical swings that the sector experienced before the Great Recession of 2008-09.

-Indorama Ventures acquires Green Fiber International

Green Fiber International has the capacity to produce 40,000 metric tons of rPET annually.

Indorama Ventures Public Co. Ltd., a global chemical manufacturer based in Bangkok, has acquired Green Fiber International Inc. (GFI), a recycling company in Fontana, California. The facility can produce 40,000 metric tons per year of recycled polyethylene terephthalate (rPET) flakes, Indorama Ventures states in a news release on the acquisition.

This acquisition extends Indorama Ventures’ recycled flake supply chain to the West Coast, the company says. GFI offers high-quality rPET bottle flakes that can be used to manufacture food-contact materials. Petrochemical PET PEF Graphene

The company’s rPET flakes have been used in the U.S. West Coast packaging market since 2018.

Petrochemical PET PEF Graphene

-Stadler develops delabeler to address plastic sorting issue

Delabelers can significantly increase the output and purity rates of recycled plastic bottles, Stadler says.

Stadler, Altshausen, Germany, invests 5 percent of its revenue every year in research and development to search for ways to maximize the efficiency of the recycling process and the quality of the output. When the company saw an opportunity to improve the process for plastic bottles, it developed a specific solution to remove the labels, according to a company news release.Petrochemical PET PEF Graphene

Rok Mežič, head of research and development Slovenia, who led the development process of the machine, explains, “Bottles make up a large proportion of plastic waste, and they present a particular issue to the recycling industry: the labels are made of a different polymer and color than the bottles, which negatively affects the accuracy of the sorting process.

Petrochemical PET PEF Graphene

-rPlanet Earth : Recycle Thermoform PET Packaging

rPlanet Earth, Green Impact Plastics to Recycle Thermoform PET Packaging

Under a new agreement, the companies will jointly develop and manage the purchase of post-consumer thermoform bales from California and other southern states that have cost-effective transportation logistics.Petrochemical PET PEF Graphene

The largest fully integrated cradle-to-cradle polyethylene terephthalate (PET) packaging company in California—rPlanet Earth—is engaging with Green Impact Plastics in an exclusive agreement to jointly develop and manage the purchase of post-consumer thermoform bales from California and other southern states that have cost-effective transportation logistics.

Petrochemical PET PEF Graphene

-New Anellotech Technology Tackles Plastics Pollution by Recycling Plastic Waste Into Chemicals

Sustainable technology company Anellotech is significantly expanding its program with Plas-TCatTM, a new process technology aiming to convert a wide range of plastic waste directly into chemicals – which can then be used to make new, virgin plastics.

95% of plastic packaging material is annually lost to the economy after a single use and often ends up in combustors, landfills or polluting the ocean. Petrochemical PET PEF Graphene

By leveraging Anellotech’s existing Bio-TCatTM process – which converts biomass into bio-based chemicals and biofuels – Plas-TCat has demonstrated encouraging results in lab studies using pure plastics.

Petrochemical PET PEF Graphene

-Europe December PE business gets under way, imports still a hot topic

Polyethylene (PE) discussions have begun in Europe for December business. Some early settlements have been made amid a wide range of reported imported prices.

A clear demarcation between spot and contracted volumes has developed. Buyers continue to purchase from suppliers to trigger year-end volume rebates – often shunning low spot prices in the quest for the rebate, which is often applicable to the total volume bought annually.Petrochemical PET PEF Graphene

A two-tier situation can even be seen in the spot market. New traders are offering material from producers – with new capacity in the USA and no assets in Europe – with these tending to be at the low end. In contrast, local European and US sellers with assets in Europe, tend to be making offers at the high end. The difference between the two can be almost as much as €100/tonne.

Europe December PE business gets under way, imports still a hot topic

-First Dornbirn-GFC congress Asia to be held in Mar 2020

Austrian Fibers Institute, Korean Textile Federation (KOFOTI) and Dyeing & Finishing Technology Institute (DYETEC), are cooperating for 1st Dornbirn-GFC Asia fibre innovation congress, which will be held at Samsung Creative Innovation Center in Daegu/South Korea from March 3-4, 2020. An agreement on this cooperation was signed on October 21, 2019 in Portugal.Petrochemical PET PEF Graphene

Around 300 to 400 participants from the whole textile chain are expected to join this event. This special event should improve the network activities with Asian companies.

First Dornbirn-GFC congress Asia to be held in Mar 2020

-OPEC debates deeper production cuts to push up oil price

The countries that make up the OPEC oil-producing cartel are meeting Thursday to decide whether to cut production even further in order to support the price of fuel and energy around the world.Petrochemical PET PEF Graphene

The group is expected to prolong production cuts they’ve agreed on for the past three years, and some experts believe they could deepen them to support prices. The price of crude has been capped in recent years by a resurgence in supplies from countries outside OPEC, particularly the United States.

OPEC debates deeper production cuts to push up oil price

-Techtextil, Texprocess Americas to snapshot industry future

The largest event for technical textiles, nonwovens, machinery, sewn products and equipment in the Americas returns to Atlanta, May 12-14, 2020.

The themes for the 2020 editions are ‘Converging Technologies’ and ‘Igniting Progress’, emphasising the events’ reputations as catalysts for modern textile manufacturing. Each show’s features will highlight the important contributions of product and process innovators to moving the industry forward.Petrochemical PET PEF Graphene

Petrochemical PET PEF Graphene

Petrochemical PET PEF Graphene

 

Petrochemical PET PEF Polypropylene News 06-12-2019

Petrochemical PET PEF Polypropylene News 06-12-2019

Petrochemical PET PEF Polypropylene

-Crude Oil Prices Trend  Polyestertime

Crude Oil Prices Trend  

-UPM Raflatac launches high-tack adhesive for film labeling

UPM Raflatac RP670 adhesive has been specially designed for applications where a higher adhesion on demanding surface is required.

UPM Raflatac is offering a new high-tack adhesive for film labeling in home and personal care and food applications in the EMEIA region. UPM Raflatac RP670 adhesive has been specially designed for applications where a higher adhesion on demanding surface is required.

Petrochemical PET PEF Polypropylene

-OPEC+ clamping down on members exceeding production quotas

OPEC+ is poised for a debate about lax implementation of oil-production cuts in Vienna this week, with Russia asking to discuss a rule change that would exclude some of its oil production from the group’s quota. Petrochemical PET PEF Polypropylene

Ministers from some of the world’s largest oil producers are gathering this week, and typically their discussions wouldn’t focus on a niche hydrocarbon called condensate. Yet as Saudi Arabia signals impatience with fellow members who aren’t implementing their pledged curbs, Russia’s rebuttal may focus on the accounting method for this light oil that’s a byproduct of natural gas fields.

Petrochemical PET PEF Polypropylene

-TOMRA aims to lead a plastic resource revolution

Plastic seems to have become public enemy number one. Barely a day goes by without this material receiving bad press for cluttering our streets or damaging marine life. But while plastic is not bad per se, the way that society is treating it throughout its life cycle is.

With demand for plastic continuing to grow, governments and private organisations are not doing enough to collect and recycle the material to create a closed loop; a resource revolution is needed. Petrochemical PET PEF Polypropylene

TOMRA, a resource optimisation firm based in Norway, believes that it offers a way to satisfy demand without compromising the planet’s collective environmental conscience.

Petrochemical PET PEF Polypropylene

-Viridor agrees “transformative” five-year supply of recycled PET

The agreement strengthens a long-standing partnership and common commitments towards a sustainable and circular economy for food packaging. Securing a stable supply of post-consumer material is fundamental to drive change at scale for an improved recycling system in the UK. Petrochemical PET PEF Polypropylene

The five-year agreement will be fulfilled by Viridor’s new £65m Avonmouth Resource Recovery Centre which will make kp their largest rPET flake customer and subsequently their largest buyer of rPET flake in the UK.

Petrochemical PET PEF Polypropylene

-The two top trends impacting the PET industry in the Middle East

The demand for healthier products and sustainability are the two biggest trends impacting the PET packaging industry in the Middle East, according to Sidel.

Harbinder Kathuria, vice president sales beverages, Middle East, Africa & India (MEA&I) at Sidel told FoodNavigator-Asia: “Consumers are becoming more health conscious, moving towards more nutritional products, and away from sugar etc.”

“Sustainability is also a big concern for consumers. Petrochemical PET PEF Polypropylene

To address this, producers are more and more preferring lightweight containers as they want to use less plastic, also because – from a manufacturing perspective – more plastic means more energy consumption. Packaging sizes are also becoming smaller.”

-The two top trends impacting the PET industry in the Middle East

-Greenpeace plastic report urges innovation in packaging-free and reusable packaging alternatives

Little tangible progress has been made in the past year by the UK’s largest supermarkets towards reducing their use of throwaway plastics, says a report which calls for a focus on innovative solutions.Petrochemical PET PEF Polypropylene

Supermarkets in the UK are using more plastic despite public pledges to cut down, according to a survey published by Greenpeace and the Environmental Investigation Agency (EIA).

The report revealed that seven out of the top 10 UK supermarkets have increased their plastic footprint in the last year. Only Waitrose, Tesco and Sainsbury’s had achieved marginal reductions.

Supermarket plastic has risen to more than 900,000 tonnes, it added, despite retailers making public commitments to cut down their plastic packaging.

Petrochemical PET PEF Polypropylene

-Nestle commits to using 100% rPET for Buxton water bottles

Nestle has pledged to use recycled plastic (rPET) in the bottle production for Buxton Natural Mineral Water brand.

The complete range will be recyclable and made from 100% rPET by 2021, which will contribute to a circular economy.Petrochemical PET PEF Polypropylene

Last month, the company launched 100% rPET bottles in the 75cl and 1l ranges, while the rest currently contain at least 20% rPET content.

Nestle commits to using 100% rPET for Buxton water bottles

-INDUSTRY PREDICTS BIOPLASTICS MARKET GROWTH

The global bioplastics industry is on course to increase its production capacity by 300,000 tonnes over the next five years, according to the annual European Bioplastics’ market data update, but this will pale in comparison to global primary plastic production.

Presented today (4 December) at the 14th European Bioplastics Conference in Berlin, the data revealed that the global bioplastics production capacity is set to increase from around 2.1 million tonnes in 2019 to 2.4 million tonnes in 2024, with bio-based versions of polymers such as polypropylene (PP) and natural polymers such as polyhydroxyalkanoates (PHAs) driving the predicted growth. Petrochemical PET PEF Polypropylene

Petrochemical PET PEF Polypropylene

-Sorting fact from fiction about Vancouver’s plastics ban

A news release from the Canadian Plastics Industry Association [CPIA] Wednesday took a critical look at the City of Vancouver’s moves in 2019 to ban plastic bags, single-use plastics and styrofoam containers. Petrochemical PET PEF Polypropylene

In the release, the association highlighted what it described as issues and misconceptions around recycling, waste management and composting in Vancouver stemming from recent bylaws enacted to reduce the use of plastics and polystyrene food packaging.

Sorting fact from fiction about Vancouver's plastics ban

Petrochemical PET PEF Polypropylene

Petrochemical PET Polyolefin LLDPE News 05-12-2019

Iran Polyethylene Terephthalate Export

Iran Polyethylene Terephthalate Export

PET export resume its operations

Iran Polyethylene Terephthalate Export

TEHRAN (Iran News) – A key petrochemical company in Iran significantly increased its production of polyethylene terephthalate, or PET plastic, allowing the country to resume export of a product which has a high demand in bottling and textile industries.

Reza Qassemi Shahri, who serves as the CEO of Shahid Tondgooyan Petrochemical Company (STPC), said that PET output for export had reached a historic record of 110,000 tons per month over October and December this year, reported Press TV.

Qassemi said that new production capacity had allowed the STPC to resume exports of bottling and textile PET in November, a move he described as a major achievement as it could lead to more foreign currency revenues for Iran at a time the country’s oil industry is under the American sanctions.

He also said that the STPC, the sole PET producer in Iran, is planning to start production for 20 new variants of the plastic, including a special fiber which is widely used in the tire industry and is currently imported into Iran.

The official said plans were also in place to create an extra 4,800 tons of new capacity for bottles and textile PET in the STPC through a financing scheme that will involve foreign investors.Iran Polyethylene Terephthalate Export

Iran’s petrochemical sector has expanded rapidly over the past years, mainly as a result of sanctions imposed on the country’s direct sale of oil.

The increased petchem exports have helped the government to compensate for the losses suffered in a crude sale as sanctions normally fail to identify the source of the Iranian refined products once they arrive in foreign markets.

  • source : Iran Daily, Irannews

Iran Polyethylene Terephthalate Export

Petrochemical PE Biobased Automotive 14-12-2019

Petrochemical Polymers Polyolefins PET Prices

Petrochemical Polymers Polyolefins PET

Petrochemical Polymers Polyolefins PET

Polyestertime
ITEM09/12/201916/12/2019+/-
Bottle grade PET chips domestic market6,450 yuan/ton6,550 yuan/ton+100
Bottle grade PET chips export market820 $/ton830 $/ton+10
Filament grade Semidull chips domestic market

Petrochemical Polymers Polyolefins PET

6,025 yuan/ton6,225 yuan/ton+200
Filament grade Bright chips domestic market6,075 yuan/ton6,275 yuan/ton+200
Pure Terephthalic Acid PTA domestic market4,830 yuan/ton4,832 yuan/ton+5
Pure Terephthalic Acid PTA export market
605 $/ton 610 $/ton+10
Monoethyleneglycol MEG domestic market4,865 yuan/ton5,540 yuan/ton+675
Monoethyleneglycol MEG export market568 $/ton603 $/ton+35
Paraxylene PX FOB  Taiwan market809 $/ton808 $/ton-1
Paraxylene PX FOB  Korea market788 $/ton797 $/ton-1
Paraxylene PX FOB EU market

Petrochemical Polymers Polyolefins PET

727 $/ton731 $/ton+4
Polyester filament POY 150D/48F domestic market6,855 yuan/ton7,010 yuan/ton
+155
Recycled Polyester filament POY  domestic market6,700 yuan/ton6,900 yuan/ton+200
Polyester filament DTY 150D/48 F domestic market8,600 yuan/ton8,650 yuan/ton+50
Polyester filament FDY 68D24F domestic market 7,650 yuan/ton7,850 yuan/ton+200
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Polyolefins PET
7,200 yuan/ton7,350 yuan/ton+150
Polyester staple fiber 1.4D 38mm domestic market6,780 yuan/ton6,950 yuan/ton+170
Caprolactam CPL domestic market10,700 yuan/ton10,800 yuan/ton
+100
Caprolactam CPL overseas  market1,220 $/ton1,230 $/ton+10
Nylon6 chips overseas  market1,510 $/ton1,510 $/ton
Nylon6 chips conventional spinning domestic  market11,800 yuan/ton12,000 yuan/ton+200
Nylon6 chips  high speed spinning domestic  market11,550 yuan/ton11,750 yuan/ton+200
Nylon 6.6 chips domestic  market22,500 yuan/ton22,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Polyolefins PET

13,850 yuan/ton13,900 yuan/ton+50
Nylon6 Filament DTY 70D/24F domestic  market16,600 yuan/ton16,600 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market14,550 yuan/ton14,650 yuan/ton+200
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market7,600 yuan/ton7,700 yuan/ton+100
Benzene domestic market5,650 yuan/ton5,880 yuan/ton+230
Benzene overseas  market708 $/ton718 $/ton –+10
Ethylene South East market710 $/ton690 $/ton+20
Ethylene NWE  market781 $/ton773 $/ton-8
Acrylonitrile ACN  domestic market11,600 yuan/ton11,400 yuan/ton-200
Acrylonitrile ACN  overseas market1,450 $/ton1,450 $/ton
Acrylic staple fiber ASF  domestic market14,200 yuan/ton14,200 yuan/ton
Viscose Staple Fiber VSF  domestic market9,900 yuan/ton9,800 yuan/ton-100
PP Powder domestic market7,800 yuan/ton7,400 yuan/ton-400
Naphtha overseas market 

Petrochemical Polymers Polyolefins PET

562 $/ton574 $/ton
+12
Phenol domestic market 7,187 yuan/ton7,262 yuan/ton+75
PS Taiwan 5250 GPPS1,076 $/ton 1,055 $/ton-21
PS Taiwan 8250 HIPS1,205 $/ton 1,178 $/ton
LDPE CFR Far East 862 $/ton862 $/ton
LLDPE CFR Far East782 $/ton802 $/ton+20
LDPE   FOB Middle East852 $/ton853 $/ton+1
LLDPE FOB Middle East772 $/ton793 $/ton+21
HDPE CFR Far East792 $/ton803 $/ton+11
LDPE FD Northwest Europe 913 €/ton913 €/ton
LLDPE FD Northwest Europe 908 €/ton903 €/ton-5
Homopolymer PP CFR Far East925 $/ton915 $/ton-10
Homopolymer PP FD NWE961 €/ton961 €/ton

Petrochemical Polymers Polyolefins PET

Petrochemical Polymers Bottle Recycling Prices

 

 

 

 

Petrochemical Polymers Polyolefins PET

Petrochemical Polymers Bottle Recycling Prices

Petrochemical Polymers Bottle Recycling

Petrochemical Polymers Bottle Recycling

PolyestertimePetrochemical Polymers Ethylene Plastic
ITEM02/12/201909/12/2019+/-
Bottle grade PET chips domestic market6,325 yuan/ton6,450 yuan/ton+125
Bottle grade PET chips export market815 $/ton820 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Bottle Recycling

5,950 yuan/ton6,025 yuan/ton+75
Filament grade Bright chips domestic market6,000 yuan/ton6,075 yuan/ton+75
Pure Terephthalic Acid PTA domestic market4,760 yuan/ton4,830 yuan/ton+70
Pure Terephthalic Acid PTA export market
600 $/ton 605 $/ton+5
Monoethyleneglycol MEG domestic market4,722 yuan/ton4,865 yuan/ton+143
Monoethyleneglycol MEG export market557 $/ton568 $/ton+11
Paraxylene PX FOB  Taiwan market798 $/ton809 $/ton+11
Paraxylene PX FOB  Korea market777 $/ton788 $/ton+11
Paraxylene PX FOB EU market

Petrochemical Polymers Bottle Recycling

721 $/ton727 $/ton+6
Polyester filament POY 150D/48F domestic market6,935 yuan/ton6,855 yuan/ton
-80
Recycled Polyester filament POY  domestic market6,700 yuan/ton6,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market8,600 yuan/ton8,600 yuan/ton
Polyester filament FDY 68D24F domestic market 7,650 yuan/ton7,650 yuan/ton
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Bottle Recycling
7,150 yuan/ton7,200 yuan/ton+50
Polyester staple fiber 1.4D 38mm domestic market6,750 yuan/ton6,780 yuan/ton+30
Caprolactam CPL domestic market10,650 yuan/ton10,700 yuan/ton
+50
Caprolactam CPL overseas  market1,250 $/ton1,220 $/ton-30
Nylon6 chips overseas  market1,510 $/ton1,510 $/ton
Nylon6 chips conventional spinning domestic  market11,700 yuan/ton11,800 yuan/ton+100
Nylon6 chips  high speed spinning domestic  market11,550 yuan/ton11,550 yuan/ton
Nylon 6.6 chips domestic  market22,500 yuan/ton22,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Bottle Recycling

13,900 yuan/ton13,850 yuan/ton-50
Nylon6 Filament DTY 70D/24F domestic  market16,700 yuan/ton16,600 yuan/ton-100
Nylon6 Filament FDY  70D/24F  domestic  market14,600 yuan/ton14,550 yuan/ton-50
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market7,600 yuan/ton7,600 yuan/ton
Benzene domestic market5,400 yuan/ton5,650 yuan/ton+250
Benzene overseas  market657 $/ton708 $/ton –+51
Ethylene South East market790 $/ton710 $/ton-80
Ethylene NWE  market762 $/ton781 $/ton+19
Acrylonitrile ACN  domestic market11,200 yuan/ton11,600 yuan/ton+400
Acrylonitrile ACN  overseas market1,450 $/ton1,450 $/ton
Acrylic staple fiber ASF  domestic market14,200 yuan/ton14,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,100 yuan/ton9,900 yuan/ton-200
PP Powder domestic market7,850 yuan/ton7,800 yuan/ton-50
Naphtha overseas market 

Petrochemical Polymers Bottle Recycling

576 $/ton562 $/ton
-14
Phenol domestic market 7,300 yuan/ton7,187 yuan/ton-113
PS Taiwan 5250 GPPS1,062 $/ton 1,076 $/ton+14
PS Taiwan 8250 HIPS1,164 $/ton 1,205 $/ton+41
LDPE CFR Far East 862 $/ton862 $/ton
LLDPE CFR Far East782 $/ton782 $/ton
LDPE   FOB Middle East850 $/ton852 $/ton+2
LLDPE FOB Middle East770 $/ton772 $/ton+2
HDPE CFR Far East790 $/ton792 $/ton+2
LDPE FD Northwest Europe 913 €/ton913 €/ton
LLDPE FD Northwest Europe 908 €/ton908 €/ton
Homopolymer PP CFR Far East910 $/ton925 $/ton+15
Homopolymer PP FD NWE961 €/ton961 €/ton

Petrochemical Polymers Bottle Recycling

Petrochemical PET Polyolefin LLDPE News 05-12-2019

Petrochemical PET Polyolefin LLDPE

-Crude Oil Prices Trend

Crude Oil Prices Trend

-Constructing pillars for a circular economy

Tim Sykes caught up with Tony Kingsbury, director of sustainability EMEA, Dow Packaging & Specialist Plastics, at K 2019 to discuss how Dow defines the environmental challenges facing packaging, and where it can insert itself to make a difference.

TS:

Judging by your exhibit at K 2019, the circular economy appears to be the central driver for innovation at Dow right now. To what extent is Dow’s approach being driven top-down by the need to come up with solutions to the industry’s broad 2025 commitments and goals, as opposed to looking to the hundreds of expert chemists in your organisation and saying, “let’s see what our knowledge can do and how can it be leveraged?”

Petrochemical PET Polyolefin LLDPE

-Weekly resin report: Get ready for end-of-year deals

Overall spot resin prices were steady during the short Thanksgiving week. Sharp discounts continued to fly for off-grade railcars, while resellers maintained their efforts to trim uncommitted warehoused resins, reports the PlasticsExchange (Chicago) in its Market Update.Petrochemical PET Polyolefin LLDPE

Buying was generally good: Some procured material for December usage, while others required rush deliveries to stay in production over the long Thanksgiving weekend.

November brought price relief to processors, as polyethylene (PE) contracts decreased $0.03/lb, while most polypropylene (PP) contracts followed PGP $0.025/lb lower.

Exports remained robust, and Houston-area warehouses tried to keep up with the packaging flow.

Petrochemical PET Polyolefin LLDPE

-Klöckner Pentaplast secures supply of post-consumer recycled PET

Klöckner Pentaplast (kp) and Viridor have agreed a transformative five-year collaboration, securing an annual supply of 8,000 tonnes of post-consumer recycled PET.

The agreement strengthens a longstanding partnership and common sustainability commitments for food packaging.Petrochemical PET Polyolefin LLDPE

Securing a stable supply of post-consumer material is fundamental to drive change at scale for an improved recycling system in the UK.

Petrochemical PET Polyolefin LLDPE

-Yanfeng Automotive Interiors opens Serbia plant

Leading Chinese manufacturer Yanfeng Automotive Interiors (YFAI) has opened a new plant in the Sumadija district, in Serbia.Petrochemical PET Polyolefin LLDPE

With a production area of 18,500 square meters, the new plant employs 180 people and will, at full capacity, create 800 jobs in the coming years.

Petrochemical PET Polyolefin LLDPE

-Vertellus projects growth in plastic additives

Specialty chemicals firm Vertellus sees a lot of opportunity in the plastics market, company officials said at the K 2019 trade show.

The Indianapolis-based firm currently generates about 20 percent of its annual sales from the plastics market, but that number is expected to grow, CEO John Van Hulle said.

“The fun part of Vertellus is that we have so many diverse markets for a company our size,” he explained. “In plastics, we can sell into everything from intermediates to personal care.”Petrochemical PET Polyolefin LLDPE

Petrochemical PET Polyolefin LLDPE

-Eurozone industry improves but remains in contraction on lower output, new orders

Manufacturing in the eurozone performed better than expected in November but recorded decreases in output and new orders, hurting employment, analysts at IHS Markit said on Monday.Petrochemical PET Polyolefin LLDPE

The November Purchasing Manager’s Index (PMI) stood in November at 46.9 points, up from the 46.6 flash estimate, and up from 45.9 points mark reached in October.

Despite hitting a three-month high, manufacturing remains below the 50.0 neutral mark, meaning the sector gas been in contraction for ten months.

The trend was reflected in the intermediate and investment goods sectors, with both recording slower rates of decline in November, while consumer goods remained stable on the previous month.

-EUBP elects new board

European Bioplastics (EUBP), the association representing the interests of the bioplastics industry, has elected a new board with François de Bie of Total Corbion PLA as its chair.

The new Board of European Bioplastics (L-R): Paolo La Scola (Novamont), Patrick Zimmermann (FKuR), François de Bie (Total Corbion PLA), Mariagiovanna Vetere (NatureWorks), Lars Börger (Neste), Jean-Marc Nony (Sphere), Erwin Lepoudre (Kaneka) and Michael von Ketteler (BASF SE, not in the picture  Petrochemical PET Polyolefin LLDPE

EUBP elects new board

-APK deploys downstream melt processing system

APK AG has deployed a complete downstream melt processing system from Nordson Corporation for use with its innovative Newcycling process, which carries out the dictates of the circular economy by transforming mixed and multi-layer waste into purified polymer with properties close to virgin resin.)  Petrochemical PET Polyolefin LLDPE

The first Newcycling plant, located in Merseburg, Germany, began commercial operation in June with an annual capacity of 8,000 tonnes and is used for separating polyethylene and polyamide from multi-layer packaging films (post-industrial source).

APK deploys downstream melt processing system

-KRAIBURG TPE supplies co-extruded TPEs with optimum adhesion to PA for high-quality corrugated tubes

An innovative new TPE family by KRAIBURG TPE transfers the established properties of injection mouldable TPEs for multicomponent applications with polyamide (PA) to extrusion.

Cable management systems in motor vehicles are the first application for which the Schlemmer Group is producing new types of Polyflex corrugated tubes by co-extruding PA and a THERMOLAST K AD/PA/CS2 compound.

Petrochemical PET Polyolefin LLDPE

Petrochemical PET Polyolefin LLDPE

Petrochemical PET Polyolefin HDPE News 04-12-2019

 

JXTGNippon December Asia benzene

JXTGNippon December Asia benzene

JXTG Nippon sets December Asia benzene contract price at USD665 per ton

JXTG Nippon sets December Asia benzene contract price at USD665 per ton

MOSCOW  – JXTG Nippon Oil & Energy (part of Nippon Oil Corporation), a major producer of petrochemicals in Japan, set the December contract price of benzene in Asia at USD665 per tonne, which is USD20 per tonne higher than with a November contract price, a source at the company told ICIS .

The price has been approved on delivery terms CFR Asia.

The November contract price for the company’s material was set at USD645 per tonne, which is USD85 per tonne lower than the October contract price of the current year.

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). JXTGNippon December Asia benzene

According to the ICIS-MRC Price Survey , last week in Russia market participants expected information from the manufacturer Nizhnekamskneftekhim regarding December prices. Amid the declining cost of raw materials in foreign markets, Nizhnekamskneftekhim took an unconventional approach to pricing this month.

So, the price in December will decrease by 3 thousand rubles. per tonne and will be prolonged in January for those buyers who contract PS volumes immediately for two months in advance. For those buyers who contract only December volumes, the price next month will be reduced by only 1 thousand rubles. per ton.JXTGNippon December Asia benzene

Nippon Oil Corporation is Japan’s largest oil company. Its activities include the exploration, import and refining of crude oil; production and sale of petroleum products (ethylene, propylene, butadiene, styrene, paraxylene, orthoxylene, etc.), including fuels and lubricants. In recent years, the company has expanded its production facilities in other countries. JXTGNippon December Asia benzene

Its products are sold under the ENEOS brand.

mrcplast.ru

Author: Margarita Volkova

Petrochemical PET Polyolefin HDPE News 04-12-2019

JXTG Nippon Oil & Energy to be renamed ENEOS as it prepares for energy transition

JXTGNippon December Asia benzene

Petrochemical PET Polyolefin HDPE News 04-12-2019

Petrochemical PET Polyolefin HDPE

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-GPCA ’19: GCC to make further investments in petrochemicals

The Gulf Cooperation Council’s (GCC) chemicals industry will continue attract new investments as the region explores more higher-value downstream opportunities amid continued volatility in oil prices and as benefits from cheap feedstocks ease.

GCC chemical investments in the first 10 months of 2019 have exceeded $140bn, done through joint ventures and increased number of merger and acquisition (M&A) deals, according to estimates from the Gulf Petrochemicals and Chemicals Association (GPCA).

GPCA ’19: GCC to make further investments in petrochemicals

-What will be the upcoming growth in the PET Resin market?

Industry Overview of PET Resin Market 2019-2026

A recent market intelligence study on the PET Resin market incorporates proprietary techniques and assessment tools to screen the PET Resin market for the forecast period, 2019-2026. Additionally, valuable insights pertaining to the market size, share and growth rate of PET Resin market offers a greater chance of success for all – business owners, products, and innovative technology. Unbiased perspective on present day and yesteryear trends included in the research aims at saving the product owners from making wrong business decisions.

GPCA ’19: GCC to make further investments in petrochemicals

-China Luxi Chemical achieves on-spec CTO

Chinese petrochemicals firm China Luxi Chemical has achieved on-specification production at its new olefins plant in Liaocheng, Shandong province.

Methanol feed-in took place on 29 November and on-specification ethylene and propylene was reached on 30 November. The plant, which can produce up to 120,000 t/yr of ethylene and 180,000 t/yr of propylene at capacity, is part of Luxi’s coal-to-olefins (CTO) complex.

Luxi’s upstream 800,000 t/yr coal-based methanol unit was brought on line at the end of 2018.

China Luxi Chemical achieves on-spec CTO

-JXTG Nippon sets December Asia benzene contract price at USD665 per ton

JXTG Nippon Oil & Energy (part of Nippon Oil Corporation), a major producer of petrochemicals in Japan, set the December contract price of benzene in Asia at USD665 per tonne, which is USD20 per tonne higher than with a November contract price, a source at the company told ICIS .

The price has been approved on delivery terms CFR Asia.

The November contract price for the company’s material was set at USD645 per tonne, which is USD85 per tonne lower than the October contract price of the current year.

Petrochemical PET Polyolefin HDPE

-Ecopet reduced spot prices for PET granulate by 2,000 rubles. per ton

Ecopet, the largest producer of polyethylene terephthalate (PET) in Russia and Eastern Europe, last week reduced the cost of spot volumes of PET granulate by 2,000 rubles. per ton, says the ICIS-MRC Price Review.

The general range of producer prices fell to the level of 80,000-83,000 rubles. per tonne, CPT Moscow, including VAT. E

The interest of buyers on the spot in the last decade of November has grown.

One of the processors received an offer to purchase PET from a warehouse in Tuchkovo in December at a price of 80,000 rubles.per ton, including VAT.

Petrochemical PET Polyolefin HDPE

-Sasol plans to increase US PE prices by USD110 per tonne from January 1, 2020

Sasol North America, a subsidiary of Sasol, plans to raise prices of all types of polyethylene (PE) by 5 cents per pound (USD110 per tonne) from January 1, 2020 or in accordance with the terms of the contract, the company’s letter said. sent to customers on Monday.

The letter stated that the announcement of a new increase replaces all previously announced price increases.

Earlier it was reported that Sasol North America, a subsidiary of Sasol, plans to commission its new high-density polyethylene (LDPE) plant in Lake Charles (Lake Charles, Louisiana, USA) by the end of this year.

Sasol plans to increase US PE prices by USD110 per tonne from January 1, 2020

-Europe PE margins fall on higher feedstock costs

Polyethylene (PE) plants in Europe posted a drop in contract and spot margins last week following an uplift in the previous week, ICIS margin analysis showed.

Liquefied petroleum gas (LPG), in particular, saw a spike in pricing. In addition, for high density polyethylene (HDPE) and linear low density polyethylene (LLDPE) grades, falls in pricing also weighed on spot margins.

Petrochemical PET Polyolefin HDPE

-Russian technical textiles on the rise

Production of technical textiles including innovative textiles products has more than doubled in Russia over the past seven years, and continues to grow, according to recent statements from Andrei Razbrodin, head of the Russian Association of Textile and Light Industry Producers (Soyzlegprom), a public association, which unites leading Russian textiles and technical textiles enterprises.

Razbrodin told Innovation in Textiles that this year the growth of production will not be less than +10%, and comparable to the figures of the previous four years. This is mainly due to the ever-growing domestic demand for technical textiles and innovative textile products and their consumption in the local market.

Petrochemical PET Polyolefin HDPE

-ITMACH India to bring latest textile tech to investors

he 3rd edition of International Textile Machinery & Accessories (ITMACH) India will be held from December 5-8 in Gujarat. Once again it will show latest textile technologies & machinery to Indian textile industry. This edition is even more significant as it will be among the largest textile machinery shows being organised in India close on heels of ITMA 2019.

Therefore, the show will have most modern technologies on display that were launched in the recently concluded ITMA in Barcelona. Indian textile industry would now have the opportunity to experience world class textile manufacturing technology under one roof. For example, world’s leading weaving machinery and technology supplier Picanol will be showcasing Airjet Omniplus- i loom with Smartshed which will be displayed working on denim fabric with warp beam from Arvind Mills and operate at production speed above 1000 rpm!

ITMACH India to bring latest textile tech to investors

Petrochemical PET Polyolefin LDPE News 03-12-2019

Petrochemical PET Polyolefin HDPE

 

 

Ecopet prices polyethylene terephthalate

Ecopet prices polyethylene terephthalate

Ecopet reduced spot prices for PET granulate by 2,000 rubles. per ton

Ecopet prices polyethylene terephthalate

MOSCOW – Ecopet, the largest producer of polyethylene terephthalate (PET) in Russia and Eastern Europe, last week reduced the cost of spot volumes of PET granulate by 2,000 rubles. per ton, says the ICIS-MRC Price Review.

The general range of producer prices fell to the level of 80,000-83,000 rubles. per tonne, CPT Moscow, including VAT. E

The interest of buyers on the spot in the last decade of November has grown.

One of the processors received an offer to purchase PET from a warehouse in Tuchkovo in December at a price of 80,000 rubles.per ton, including VAT.

Earlier it was reported that Ecopet plans in January 2020 to stop the production of PET for scheduled repairs. Maintenance work will last about one month.

The company is based on the territory of the free economic zone of the Kaliningrad region. PET production capacities reach 220 thousand tons per year.Ecopet prices polyethylene terephthalate

Granulate is produced under the EcoPet trademark and is used for the production of food packaging and PET bottles. In May 2017, Alco-Nafta CJSC was reorganized into AO, and from June 26, 2017 it was renamed into Ecopet AO.

mrcplast.ru

Author: Anna Larionova

Petrochemical PET Polyolefin HDPE News 04-12-2019

Europe’s plastic recycling drive pits consumer demand against economic realities

Sasol polyethylene prices NorthAmerica

Sasol polyethylene prices NorthAmerica

Sasol plans to increase US PE prices by USD110 per tonne from January 1, 2020

Sasol polyethylene prices NorthAmerica

MOSCOW – Sasol North America, a subsidiary of Sasol, plans to raise prices of all types of polyethylene (PE) by 5 cents per pound (USD110 per tonne) from January 1, 2020 or in accordance with the terms of the contract, the company’s letter said. sent to customers on Monday.

The letter stated that the announcement of a new increase replaces all previously announced price increases.

Earlier it was reported that Sasol North America, a subsidiary of Sasol, plans to commission its new high-density polyethylene (LDPE) plant in Lake Charles (Lake Charles, Louisiana, USA) by the end of this year.Sasol polyethylene prices NorthAmerica

According to the ICIS-MRC Price Review , the last week of November did not bring stabilization of the price situation in the Russian market, the cost of polyethylene continues. Some sellers, still in pursuit of sales, continue to actively reduce PE prices. Last week, individual sellers began voicing their proposals for deliveries in December. Negotiations on the December price level started on the contract market. Manufacturers announced a reduction in PE prices, but some processors are unhappy with the magnitude of the reduction in contract prices.

Sasol’s main markets are in the United States, South Africa, Europe and Asia.

Sasol Limited is an integrated energy and chemical company headquartered in Johannesburg, South Africa. The company was established in 1950 in Sasolburg (Sasolburg, South Africa). The company produces liquid fuels, petrochemical products and electricity. The production facilities of the company are located in 37 countries of the world, and the staff consists of 32 thousand 400 people.

mrcplast.ru

Author: Anna Larionova

Sasol polyethylene prices NorthAmerica

Petrochemical PET Polyolefin HDPE News 04-12-2019

Linear Low-density Polyethylene Market is Poised to be Worth US$ 70,183.5 Mn by 2026

Petrochemical PET Polyolefin LDPE News 03-12-2019

Petrochemical PET Polyolefin LDPE

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Heimtextil creates sustainability strategy for Trend Space

More sustainability for the Trend Space: Heimtextil, which takes place from 7-10 January 2020, together with its international Trend Council, has developed a material manifesto and thus chosen a new sustainable approach for the conception of the Trend Space.

Through intelligent material choice, the Heimtextil team and their Trend Council have created an immersive forum with a minimal footprint.

This means finding alternatives to new materials wherever possible, thus avoiding excess waste when the exhibition closes.

Heimtextil creates sustainability strategy for Trend Space

-Bioplastics Consortium Granted €25M EU Funding

The PEFerence consortium, coordinated by Avantium Renewable Polymers, has received reconfirmation of a €25M Horizon 2020 grant from the Bio-based Industries Joint Undertaking to develop plant-based, recyclable plastics.Petrochemical PET Polyolefin LDPE

The grant was originally awarded in 2017 when the PEFerence consortium was under coordination of Synvina, a joint venture between Avantium and BASF.

Petrochemical PET Polyolefin LDPE

-EU Commission clears the acquisition of Solvay’s EEA nylon business by Domo Chemicals

The European Commission has approved, under the EU Merger Regulation, the proposed acquisition of Solvay’s nylon business assets (the “Divestment Business”) by Domo Chemicals GmbH (“Domo”). Petrochemical PET Polyolefin LDPE

The Divestment Business is being divested in the context of the Commission’s conditional clearance in January 2019 of the acquisition of Solvay’s EP and P&I business by BASF (M.8674).

The Divestment Business is primarily involved in the nylon 6.6 value chain and focuses on the manufacturing of nylon intermediates and final products.Petrochemical PET Polyolefin LDPE

Domo is a vertically integrated firm, which offers a portfolio of nylon intermediates and final products focusing on the nylon 6 value chain, fertilizers and petrochemical products.

The nylon 6 value chain and the nylon 6.6 value chain are different in respect of the feedstock, intermediates and final products involved. Therefore, the products of the Divestment Business and Domo are largely complementary

Petrochemical PET Polyolefin LDPE

-Indonesia’s textiles industry: An Update

Indonesian textiles and clothing exports is growing at a rate marginally faster than that of the country’s GDP, but the overall downward trend continues. A Market Intelligence (MI) report from Fibre2Fashion.

The export value of Indonesian textiles and clothing products increased to $13.28 billion in CY (calendar year) 2018 from $12.54 billion in CY 2017 with a growth rate of 5.90 per cent, according to textile association Asosiasi Pertekstilan Indonesia (API). The growth rate of the Indonesian textiles and clothing industry was higher than the country’s GDP growth rate of 5.17 per cent in 2018.Petrochemical PET Polyolefin LDPE

Petrochemical PET Polyolefin LDPE

-Enzyme discovery could keep tonnes of polyester from landfill

Professor Robert Speight and Dr. Laura Navone found that a commercial enzyme dissolves wool fibres from polyester and wool mix fabrics, without damaging the polyester strands.

“Recycled polyester is a valuable tradable commodity,” Professor Speight, from QUT’s Institute for Future Environments and the Science and Engineering Faculty.

“The polyester extracted from fabric can be made into polyester chips and turned into anything from yarn for new textiles to playground equipment.Petrochemical PET Polyolefin LDPE

Enzyme discovery could keep tonnes of polyester from landfill

-Vietnam HDPE prices under pressure from US supplies

High-density polyethylene (PE) prices in Vietnam are under increased pressure from new supplies from the US.

US-origin HDPE cargoes were offered at $780-800/t cfr southeast Asia this week, significantly lower than those from other origins.Petrochemical PET Polyolefin LDPE

Middle East and Asian producers typically sell PE to Vietnam, which does not have existing production.

Petrochemical PET Polyolefin LDPE

-Arburg at Interplastica 2020: High-performance for the packaging industry

Packaging version of the hybrid Allrounder 570 H produces thin-walled IML containers

High-performance machines for high-speed packaging items

Packaging and medical industries in demand in Russia

From 28 to 31 January 2020, Arburg will be in attendance at Interplastica in Moscow, Russia at stand 1B25 in hall 2. Petrochemical PET Polyolefin LDPE

A Packaging version of the hybrid Allrounder 570 H will be demonstrating live how thin-walled IML containers are produced for the packaging industry. What’s more, visitors will be able to speak to Arburg’s experts and find out all about the company’s comprehensive product portfolio, which includes automation, turnkey systems and digitalisation.

Arburg at Interplastica 2020: High-performance for the packaging industry

-Future of PET preforms could lie in rPET

PET preforms continue to see sustained adoption, prominently owing to continued demand from bottled water industry and single-serve beverages sector.

A new study by Future Market Insights projects the global PET preforms market to expand at 5% CAGR during 2019 – 2029. F&B, pharma, and personal care & cosmetics industries would remain key consumers of PET preforms market over the foreseeable future.

The report analyzes how the market will shape up, in the backdrop of recently imposed ban on single-use plastics and environmental concerns surrounding the usage of plastic bottles by packaging industry. Petrochemical PET Polyolefin LDPE

Future of PET preforms could lie in rPET

-Fashionizer Spa launches new sustainable fabric

Spa uniform provider, Fashionizer Spa, has developed a new sustainable fabric style – Eco-Smooth.

The fabric is developed with eco-friendly technologies and will be used to create a new uniform style – the Aurora Tunic. Additional styles will be added to the in-stock range and sold online.

The fabric combines the properties of organic cotton with Newlife PET – Fashionizer Spa’s fabric which is crafted from recycled plastic bottles.Petrochemical PET Polyolefin LDPE

Eco-Smooth is composed of 60 per cent organic cotton, 37 per cent Newlife PET and three per cent Lycra.

Fashionizer Spa launches new sustainable fabric

-Asia PA sinks to 2019-low on tepid demand; outlook stays grim

Asia’s phthalic anhydride (PA) import prices remain in the doldrums as wider discounts failed to uplift buying.

With consumer confidence still undermined by the incessant US-China tensions, prospects of any near-term recovery for PA demand seem dim, market participants said.

In southeast Asia, import PA prices started declining in September, and by end-November, average prices have lost more than 10% to hit $805/tonne CFR (cost and freight) SE (southeast) Asia.

Asia PA sinks to 2019-low on tepid demand; outlook stays grim

Petrochemical PET Polyolefin LDPE

Petrochemical PET Polyolefin fibers News 02-12-2019

 

Petrochemical Polymers Bottle Plastic Prices

Petrochemical Polymers Bottle Plastic

Petrochemical Polymers Bottle Plastic

PolyestertimePetrochemical Polymers Ethylene Plastic
ITEM25/11/201902/12/2019+/-
Bottle grade PET chips domestic market6,375 yuan/ton6,325 yuan/ton-50
Bottle grade PET chips export market820 $/ton815 $/ton-5
Filament grade Semidull chips domestic market

Petrochemical Polymers Bottle Plastic

5,950 yuan/ton5,950 yuan/ton
Filament grade Bright chips domestic market6,000 yuan/ton6,000 yuan/ton
Pure Terephthalic Acid PTA domestic market4,815 yuan/ton4,760 yuan/ton-55
Pure Terephthalic Acid PTA export market
605 $/ton 600 $/ton-5
Monoethyleneglycol MEG domestic market4,605 yuan/ton4,722 yuan/ton+117
Monoethyleneglycol MEG export market545 $/ton557 $/ton+12
Paraxylene PX FOB  Taiwan market794 $/ton798 $/ton+4
Paraxylene PX FOB  Korea market773 $/ton777 $/ton+4
Paraxylene PX FOB EU market

Petrochemical Polymers Bottle Plastic

715 $/ton721 $/ton+6
Polyester filament POY 150D/48F domestic market7,000 yuan/ton6,935 yuan/ton
-65
Recycled Polyester filament POY  domestic market6,700 yuan/ton6,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market8,600 yuan/ton8,600 yuan/ton
Polyester filament FDY 68D24F domestic market 7,700 yuan/ton7,650 yuan/ton-50
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Bottle Plastic
7,200 yuan/ton7,150 yuan/ton-50
Polyester staple fiber 1.4D 38mm domestic market6,730 yuan/ton6,750 yuan/ton+20
Caprolactam CPL domestic market10,700 yuan/ton10,650 yuan/ton
-50
Caprolactam CPL overseas  market1,270 $/ton1,250 $/ton-20
Nylon6 chips overseas  market1,530 $/ton1,510 $/ton-20
Nylon6 chips conventional spinning domestic  market11,750 yuan/ton11,700 yuan/ton-50
Nylon6 chips  high speed spinning domestic  market11,750 yuan/ton11,550 yuan/ton-200
Nylon 6.6 chips domestic  market22,500 yuan/ton22,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Bottle Plastic

14,100 yuan/ton13,900 yuan/ton-200
Nylon6 Filament DTY 70D/24F domestic  market16,900 yuan/ton16,700 yuan/ton-200
Nylon6 Filament FDY  70D/24F  domestic  market14,900 yuan/ton14,600 yuan/ton-300
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market7,700 yuan/ton7,600 yuan/ton-100
Benzene domestic market5,350 yuan/ton5,400 yuan/ton+50
Benzene overseas  market647 $/ton657 $/ton +10
Ethylene South East market810 $/ton790 $/ton-20
Ethylene NWE  market793 $/ton762 $/ton-31
Acrylonitrile ACN  domestic market10,300 yuan/ton11,200 yuan/ton+900
Acrylonitrile ACN  overseas market1,450 $/ton1,450 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton14,200 yuan/ton-1000
Viscose Staple Fiber VSF  domestic market10,100 yuan/ton10,100 yuan/ton
PP Powder domestic market7,850 yuan/ton7,850 yuan/ton
Naphtha overseas market 

Petrochemical Polymers Bottle Plastic

556 $/ton576 $/ton
+20
Phenol domestic market 7,300 yuan/ton7,300 yuan/ton
PS Taiwan 5250 GPPS1,072 $/ton 1,062 $/ton-10
PS Taiwan 8250 HIPS1,189 $/ton 1,164 $/ton-25
LDPE CFR Far East 862 $/ton862 $/ton
LLDPE CFR Far East792 $/ton782 $/ton-10
LDPE   FOB Middle East850 $/ton850 $/ton
LLDPE FOB Middle East780 $/ton770 $/ton-10
HDPE CFR Far East800 $/ton790 $/ton-10
LDPE FD Northwest Europe 913 €/ton913 €/ton
LLDPE FD Northwest Europe 908 €/ton908 €/ton
Homopolymer PP CFR Far East935 $/ton910 $/ton-25
Homopolymer PP FD NWE961 €/ton961 €/ton

Petrochemical Polymers Bottle Plastic

Petrochemical PET Polyolefin fibers News 02-12-2019

Petrochemical PET Polyolefin fibers

 

Petrochemical Polymers Bottle Plastic Prices

Petrochemical PET Polyolefin fibers

-Crude Oil Prices Trend  

Crude Oil Prices Trend 

-Two-tier HDPE spot market develops in Europe as US imports dominate

A two- and even three-tier market is becoming established in the high density polyethylene (HDPE) market in Europe as US material from new capacities is offered on a widespread basis.

– Buyers stick to regular suppliers

– End-year rebates play a role  Petrochemical PET Polyolefin fibers 

Offers from new North American traders began in November, spreading panic as they seemed to offer to every sort of buyer, adopting a scatter gun approach.

This has subsided to an extent, but a very broad range of prices has been quoted.

Petrochemical PET Polyolefin fibers

-What are the requirements for automotive textiles?

On November 19, a group of interested textile experts met at imat-uve’s materials testing laboratory.Petrochemical PET Polyolefin fibers 

At a professional seminar held by the Textilakademie NRW- Weiterbildung GmbH in Mönchengladbach, Germany, under the expert guidance of Eveline Weber, who until recently worked for Opel as Lead Engineer for many years, the participants received an introduction to special properties and requirements of fabrics for automotive purposes.

Petrochemical PET Polyolefin fibers

-History of Bioplastics in the Automotive Industry

Here’s a summary and short history of the use of bioplastics in the automotive and car industry.

Plastics in the Automotive Industry

We distinguish 3 areas in cars: exterior car parts,  interior exterior car parts and interior textile.Petrochemical PET Polyolefin fibers 

Plastics represent +/- 20 % of the car weight (100 to 150 kg/car) and the top 3 fossil-plastics used in cars are Polypropylene PP (32%), Polyurethane PU (17%) and PVC (16%).

Petrochemical PET Polyolefin fibers

-UK election: Major party manifestos spotlight plastic waste crisis signaling gravity of public concern

The UK’s December General Election will inevitably center on Brexit, but another policy issue growing in significance is the global plastic waste crisis and the UK’s role in it.

This is evidenced by the fact that the UK’s three major parties – Conservative, Labour and Liberal Democrats – have all bolstered their manifestos with strategies to improve plastic waste management. Petrochemical PET Polyolefin fibers 

For example, all three parties have pledged to end the export of plastic waste while the introduction of Extended Producer Responsibility (EPR), Deposit Return Schemes (DRS) and investment in recycling infrastructure are also being promised.

UK election: Major party manifestos spotlight plastic waste crisis signaling gravity of public concern

-Does Opec see US oil output as half full or half empty?

America’s second shale boom is certainly drawing to a close.

Ahead of their meeting in Vienna later this week, OPEC’s oil ministers have done a good job of convincing themselves that they can simply decide to hold steady, and do no more than they’re already doing. That’s not surprising given they tend to err on the side of doing as little as possible because that’s often the easiest consensus to form among the group’s members.

What’s interesting is how they will come to that conclusion, given the wealth of data out there and the myriad ways of slicing and dicing it.

Does Opec see US oil output as half full or half empty?

-2019 Ends with Lower Prices for Commodity Resins

The fourth quarter of this year has been widely viewed as a buyers’ market for the five volume commodity resin markets, whose prices are nearly all on the downslide.

Key drivers include a global slowdown and lower prices abroad, a drop in prices of key feedstocks, and more than ample supply in many cases.Petrochemical PET Polyolefin fibers

Meanwhile, demand for bales of recycled material is going through the roof—particularly for HDPE and PP, with consumer brands demanding more recycle-content products—a trend that will only grow faster.

Petrochemical PET Polyolefin fibers

-TECHNOLOGY PROFILE: ETHYLENE OXIDE PRODUCTION FROM ETHYLENE

This column is based on “Ethylene Oxide Production from Ethylene – Cost Analysis,” a report published by Intratec.

Ethylene oxide (also known as EO, oxirane and epoxyethane) is the simplest cyclic ether. Because it is highly reactive, ethylene oxide is one of the most versatile chemical intermediates.  Petrochemical PET Polyolefin fibers

It is converted into a wide range of products (for example, monoethylene glycol (MEG), surfactants and glycol ethers).

TECHNOLOGY PROFILE: ETHYLENE OXIDE PRODUCTION FROM ETHYLENE

-Packaging Converter Launches Film-Extrusion Business

Polymer Film & Bag Inc. will start with three-layer capacity of more than 20 million lb/yr, with additional expansion plans already firmed up.Petrochemical PET Polyolefin fibers

A firm with long-established roots in the converting industry—among other businesses—is branching out into blown film extrusion. Conversations with customers that started a year ago convinced Polymer Packaging Inc. (PPI) that consolidation in the film-extrusion business had created a need for fast, nimble, customer-centric suppliers of high-end films, and the firm has responded by launching a new entity, Polymer Film & Bag Inc. Both firms are based in Massillon, Ohio.

Petrochemical PET Polyolefin fibers

-VEnvirotech transforms organic spoil into bioplastics

After a year of testing out environmental technologies for a private company, co-founder Patricia Ayma developed a process for bioplastic production using bacteria.

The system turns organic matter, such as food waste, into a product that can be used as a biodegradable alternative to single-use plastics. “I realized that it was a simple technology for…  Petrochemical PET Polyolefin fibers

After a three hundred and sixty five days of checking out out environmental technologies for a deepest firm, co-founder Patricia Ayma developed a activity for bioplastic production the use of bacteria.

VEnvirotech transforms organic spoil into bioplastics

Petrochemical PET Polyolefin fibers

Petrochemical PET Film Extrusion News 30-11-2019

Petrochemical PET Film Extrusion News 30-11-2019

Petrochemical PET Film Extrusion

-Biowaste project focuses on PHA

A 3.5-year project that aims to turn urban biowaste into resources such as food additives, condiments, bio-solvents and bioplastics has been launched by Spanish Plastics Technology Centre Aimplas.

The WaysTUP! project will aim to improve perceptions of urban biowaste as a local resource and promote consumer participation in separate collection of urban biowaste for recovery.

Aimplas’s role in the project will be to produce packaging from PHA sourced from coffee and oil waste. PHA will first be formulated so it can be extruded, the sheet will be manufactured and the packaging will then be thermoformed.

Petrochemical PET Film Extrusion

-New bioplastics for bottles, car parts tested by NDSU researchers

Graduate students used FARGO, N.D- in a North Dakota State University’s noisy industrial lab, an injection-molding machine, in making dog bones. Since there are no dogs available, the research students use the bone-shaped pieces of plastic in testing the strength of the new bioplastics.Petrochemical PET Film Extrusion

The research effort formally named the Center for Bioplastics as well as Bio-composites situated at NDSU but happening together with three more universities: Lowa State, University of Washington, as well as University of Georgia.

Petrochemical PET Film Extrusion

-Asahi Kasei launching airbag fabric operations in Vietnam

Asahi Kasei will launch the fabric sewing operation for airbags at its Vietnamese subsidiary Asahi Kasei Advance Vietnam in 2020. With this investment, the technology group enters the next stage of the value chain in the airbag industry.Petrochemical PET Film Extrusion

The Japanese technology group announced the start of fabric sewing operations for airbags at its Vietnamese subsidiary for March 2020. The capacity will be incrementally raised to 2.5 million pieces per year until 2022, followed by a second increase to five million in the coming years.

Petrochemical PET Film Extrusion

-Polymers of Russia and the CIS registration closing soon

The registration for the Annual Congress and Exhibition Polymers of Russia and the CIS: construction and modernisation of plants closes soon. The event will take place in the city of Pyatigorsk on 11-12 December 2019.

The Congress and Exhibition is officially supported by the Ministry of Energy, Industry, and Communication of the Stavropol Province.Petrochemical PET Film Extrusion

Polymers of Russia and the CIS 2019: facts and figures

The event includes an on-site visit to the production site of Stavrolen, and business dinner with senior executives.

Petrochemical PET Film Extrusion

-US$800mn Alpek deal marks turnaround on debt

Alpek has finalized the sale of two co-generation plants in Mexico to ContourGlobal for US$801mn in what is the latest move by the Mexican plastics and polyester maker to shed assets and shore up its balance sheet.Petrochemical PET Film Extrusion

Alpek is the petrochemical business of Mexican industrial conglomerate Alfa.

“This transaction represents the largest divestment in our history,” Alpek CEO José de Jesús Valdez said in a conference call on Wednesday.

Petrochemical PET Film Extrusion

-FMCG companies aim for 100% recyclable plastic packaging by 2025

Most FMCG companies are taking initiatives to reduce collect and recycle multi-layered plastic

The government has launched several projects to increase awareness around plastic recycling and curb the negative environmental impact of plastic waste.

Aligned with the national agenda on plastic waste management, several FMCG companies are working aggressively towards using 100 percent biodegradable plastic for packaging ready-to-eat and cosmetic products.Petrochemical PET Film Extrusion

Petrochemical PET Film Extrusion

-Russian production looks to technology for growth

Expanding the use of enhanced oil recovery methods could offset output declines

The contamination of the Druzhba pipeline with organic chlorides in April 2019—which became the most serious interruption of supplies in the history of Russian oil trade—had a profound impact on the country’s export volumes. But despite deliveries only fully resuming on 1 July, crude oil exports to Europe for the first eight months of 2019 exceeded those during the same period of 2018.Petrochemical PET Film Extrusion

It was a different story for petroleum product exports. These totalled 2.8mn bl/d for the first eight months of 2019, 10pc less than in 2018.

Russian production looks to technology for growth

-Polymer trader takes PLA to Turkey

Total Corbion PLA has appointed polymer trading company Kumru Kimya as a non-exclusive agent in Turkey for its Luminy PLA portfolio.

Kumru Kimya is a biopolymer trading partner in the Turkish market and general manager Mert Kumru believes that the portfolio will be an important asset in an era of the circular economy.Petrochemical PET Film Extrusion

“The quality and versatility of the Luminy PLA portfolio will help us to unlock various new products and applications where bio-based and/or compostable solutions are required,” said Kumru.

Polymer trader takes PLA to Turkey

-Report boasts blueprint for circularity

Making a PET bottle coloured instead of clear reduces its value in the South-east Asian recycling market by $84 a tonne, reports Singapore-based environmental consultancy GA Circular.Petrochemical PET Film Extrusion

The finding, which is the result of two years of research, follows Coca-Cola’s recent decision to move Sprite away from coloured PET in the region. GA Circular studied the six biggest South-east Asian markets – Indonesia, the Philippines, Vietnam, Thailand, Myanmar and Malaysia – and found that coloured PET was priced at 35 per cent lower than clear PET in the collection and recycling market.

Report boasts blueprint for circularity

Petrochemical PET Film Extrusion

Petrochemical PET Packaging Technology News 29-11-2019

SIBUR EcoTechnologies polymer packaging recycling

SIBUR EcoTechnologies polymer packaging

SIBUR and EcoTechnologies deepen cooperation in the field of polymer packaging recycling

SIBUR EcoTechnologies polymer packaging

 

MOSCOW – SIBUR, the largest petrochemical holding in Russia and Eastern Europe, and EcoTechnology group of companies (SC) signed an agreement on cooperation in the field of sustainable development, the SIBUR press service said.

So, the goal of the partnership is to establish mutually beneficial cooperation aimed at developing a closed-loop economy, namely the recycling of polymer packaging.

Companies already had experience working together on projects. In particular, EcoTechnologies Group of Companies was SIBUR’s partners in organizing separate waste collection at the Silk Way international rally, as well as at VTB United League matches.

In the short term, cooperation provides for both joint efforts towards the sustainable development of the polymer packaging industry, and the further participation of EcoTechnology Group in promoting SIBUR’s sports initiatives.

“Sustainable development is one of SIBUR’s priorities. We understand that the key condition for the successful implementation of closed-loop economy projects is the exchange of experience and joint efforts. In the EcoTechnology Group we see an experienced and promising partner in a number of areas,” said Maxim Remchukov, Sibur Director for Sustainable Development. SIBUR EcoTechnologies polymer packaging

“The success of the recycling industry depends on the effective collaboration of its key participants – manufacturers of goods, packaging for them, recyclers and, of course, the largest producers of primary (petrochemical) polymer raw materials; in Russia, of course, this is SIBUR, and we welcome initiatives in the field of cyclic economics in the packaging segment, ”says Konstantin Rzayev, managing director of EcoTechnology.

It was previously noted that representatives of the American company Mars, a major global food producer, are considering the possibility of using SIBUR products for packaging their products. SIBUR EcoTechnologies polymer packaging

So, in September this year, at the research centers of SIBUR “PoliLab” in Skolkovo and NIOST in Tomsk, employees of SIBUR and the company Mars, which manufactures chocolate bars, chewing gums and other products, met. On the basis of SIBUR’s research centers, it is planned to develop new materials for flexible and rigid packaging, including for replacing foil with polymeric materials in multilayer packaging.

EcoTechnology Group of Companies is an integrated Russian operator, which has been implementing projects in Russia since 2005 in the field of sorting municipal solid waste, recycling and separate collection of waste, as well as social and educational programs. Today it is one of the largest plastic processors in Russia.SIBUR EcoTechnologies polymer packaging

Sibur Holding PJSC is one of the largest integrated petrochemical companies in Russia. It is engaged in the production of petrochemical products (polypropylene, polyethylene, synthetic rubbers, polystyrene foam, PET, etc.). The production uses raw materials produced by the gas processing segment and infrastructure based on by-products of oil and gas production purchased from oil and gas companies. In 2018, SIBUR’s revenue amounted to USD9.1 billion, adjusted EBITDA – $ 3.3 billion.

mrcplast.ru

Author:Margarita Volkova

SIBUR EcoTechnologies polymer packaging

Petrochemical Smart Plastic Packaging 27-11-2019

Petrochemical PET Packaging Technology News 29-11-2019

Petrochemical PET Packaging Technology

China – Polyethylene Terephthalate

PET and its chain continue to be assessed mixed.

Crude oil price is steady.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile decreases.

Naphtha is steady at US $/ton 570 .

PET Bottle grade export 760/815 $/ton PET Bottle grade domestic market 6,250/6,400 yuan/ton PET Filament grade SD domestic market 5,900/6,000 yuan/ton – PET Filament grade BR domestic market 5,950/6,050 yuan/ton

PTA Taiwan 595/605 $/ton PTA domestic market 4,750/4,900 yuan/tonMEG  550/560 $/ton – MEG domestic market 4,650/4,750 yuan/tonPX Korea 770/780 $/ton.

Polyester POY 150D/48F  domestic market 6,950/7,050  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PET Packaging Technology

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Europe naphtha-based PE margins rise on cheaper feedstock

Naphtha-based polyethylene (PE) plants in Europe posted an uplift in their contract and spot margins last week following a month of declines, ICIS margin analysis showed.

Those plants where production is based on liquefied petroleum gas (LPG) posted falling spot margins, while contract margins slightly rose week on week.

Petrochemical PET Packaging Technology

-Freudenberg acquires Filc

Freudenberg, a leading technology group, has signed a final agreement to acquire 100% of the shares of Filc, a producer of needle punch nonwoven textiles and laminated materials with a focus on the automotive and construction industry.

Privately-owned Filc is headquartered in Škofja Loka, Slovenia, and operates two more production sites in Mengeš and Lendava, Slovenia, as well as a sales office in Dayton, OH, USA. Filc has around 360 employees. Petrochemical PET Packaging Technology

“With the acquisition, we would like to further strengthen our performance materials business, and expand our portfolio and  technological footprint in Europe,” said Dr Mohsen Sohi, Freudenberg Group CEO.

Petrochemical PET Packaging Technology

-Coca Cola to ban plastic packaging

The Coca Cola company in Cyprus said on Wednesday it was banning the use of shrink-wrap in its multipacks of cans and replacing it with 100 per cent recyclable cardboard from a sustainable source.Petrochemical PET Packaging Technology

Hellenic Bottling Company (HBC) said it aims to spend €15 million to change the current plastic packaging, which was also recyclable, with KeelClip cardboard as part of the company’s attempts to solve the packaging problem by 2021 and reduce waste.

Petrochemical PET Packaging Technology

-Money in bioplastics for SME

Local small and medium enterprises (SMEs) can spur Malaysia’s potential as a global bioplastics hub, according to Malaysian Bioeconomy Development Corporation Sdn Bhd.

Its chief executive officer, Dr Mohd Shuhaizam Mohd Zain said the country has the policies, technologies, knowledge, infrastructure, and feedstock required to create a dynamic and conducive ecosystem for the development of bioplastic.Petrochemical PET Packaging Technology

Petrochemical PET Packaging Technology

-Manus Bio starts fermentation facility

Manus Bio’s first biotech manufacturing facility in Augusta, Georgia – a 44-acre fermentation and ingredient processing plant – is ready to start producing ingredients for flavors and fragrances, sweeteners, cosmetics, pharmaceuticals, and agricultural chemicals, as the company updated the former NutraSweet artificial sweetener plant, which had been idled since 2015.Petrochemical PET Packaging Technology

So far, the Company has hired 30 full-time employees and more than 70 contractors. Among the company’s first products will be a next-generation Stevia sweetener, which delivers natural, zero-calorie sweetness without the limitations of earlier versions of Stevia.

Manus Bio starts fermentation facility

-Graphene inks specialist strikes deal with MAS

According to the news website Punchline-Gloucester.com, Cheltenham, UK based advanced materials producer Versarien PLC has announced it has signed a commercial partnership agreement with Sri Lanka headquartered textiles and apparel giant MAS. The two companies have been collaborating since January 2018 to develop new graphene enhanced garments using Versarien’s proprietary graphene ink materials, the website reports.

Graphene inks can be used to add new properties, including thermal, waterproof, fireproof and conductivity to fabrics and garments.Petrochemical PET Packaging Technology

Graphene inks specialist strikes deal with MAS

-Ecosurety launches £1m fund to boost packaging waste reduction

Ecosurety is launching a £1m innovation and research fund for projects that seek to reduce the impact of packaging, batteries or electronic waste.

The environmental compliance scheme said the fund will be spread across three years with individual grant applications of up to £150,000 being accepted.

The fund will support projects and new technologies across the waste and recycling sector by providing a visible funding route for companies, charities, not-for-profits and academic institutions working on projects addressing the environmental challenges that packaging, batteries or e-waste present. Petrochemical PET Packaging Technology

Petrochemical PET Packaging Technology

-Versarien enters commercial partnership with textiles company MAS Innovation

Advanced materials company Versarien recently shared that it has signed a commercial partnership agreement with textile-sector company MAS Innovation. The agreement followed a letter of intent between the parties, which set out their intent to enter into a formal commercial partnership. Petrochemical PET Packaging Technology

The agreement specifies the terms under which the parties would secure commercial orders for garments developed using Versarien’s proprietary graphene ink materials. It allowed both parties to finalize additional contractual terms with third party brands.

Versarien enters commercial partnership with textiles company MAS Innovation

-Coveris develops 100% recycled, recyclable shrink film range

Coveris’ new Duralite™ R range offers a shrink film solution that is reportedly both 100% recyclable and contains up to 50% postconsumer recyclate (PCR), plus an optional pre-consumer top-up material.

As part of its ongoing sustainable journey to deliver recyclable flexible packaging solutions, Coveris’ new Duralite™ R shrink film seeks to provide a fully circular solution to meet both the environmental and legislative demands of the future.

Coveris develops 100% recycled, recyclable shrink film range

Petrochemical PET Packaging Technology

Petrochemical PET Textile Sustainability News 28-11-2019

Petrochemical PET Textile Sustainability News 28-11-2019

Petrochemical PET Textile Sustainability

China – Polyethylene Terephthalate

PET and its chain continue to be assessed mixed.

Crude oil price is steady, but weak.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile is in health.

Naphtha goes up to US $/ton 573 .

PET Bottle grade export 760/815 $/ton PET Bottle grade domestic market 6,250/6,350 yuan/ton PET Filament grade SD domestic market 5,900/6,000 yuan/ton – PET Filament grade BR domestic market 5,950/6,050 yuan/ton

PTA Taiwan 595/605 $/ton PTA domestic market 4,800/4,900 yuan/tonMEG  545/560 $/ton – MEG domestic market 4,600/4,700 yuan/tonPX Korea 770/785 $/ton.

Polyester POY 150D/48F  domestic market 6,850/6,950  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PET Textile Sustainability

Crude Oil Prices Trend

Crude Oil Prices Trend

-Plastribution launches new sustainable materials portfolio

Polymer distributor, Plastribution, has launched what it says is the UK’s first portfolio of materials with more sustainable credentials.

The move is in response to ongoing environmental concerns regarding plastic and the calls from designers, brand owners, OEMs and converters for solutions for a diverse range of applications.

Petrochemical PET Textile Sustainability

-2020 vision not clear for compounders

For compounders and concentrate makers, 2019 has been a confusing year.

Although some companies in that field have done quite well, others have fallen short of expectations. And economic uncertainty remains a concern for companies regardless of their 2019 results.Petrochemical PET Textile Sustainability

Plastics News recently checked in with executives at several compounding and concentrates firms as well as market watchers to sort out the year that’s winding to a close and to take a look at what 2020 might hold.

Petrochemical PET Textile Sustainability

-INEOS and Viridor partner to produce new hybrid plastics range

INEOS and Viridor have announced they are joining forces in a UK-based project that will see the production of a new range of high-specification polymers with up to 50 per cent recycled content.Petrochemical PET Textile Sustainability

The hybrid polymers will be produced by INEOS using recovered plastics from Viridor’s new £65m post-consumer polymers recycling plant at the Avonmouth Resource Recovery Centre, near Bristol.

Petrochemical PET Textile Sustainability

-TENCEL and PAUSE partner to create sustainable collection

TENCEL has announced its partnership with slow fashion label PAUSE to create a sustainable collection.

The collection titled ‘Ethical and Edgy’ brings together the perfect balance of utility and multifunctional clothing.Petrochemical PET Textile Sustainability

Each ensemble has been created with the utmost care and an eye for detail, allowing it to be worn and styled in different ways.

The structure of the garments highlights the features of TENCEL fibers, giving it a smooth, soft finish and fluid texture.

This capsule collection features a range of deconstructed separates – jackets that convert to dresses, dresses which convert to tops, making fashion choices limitless.

Petrochemical PET Textile Sustainability

-Scientists Have Developed An Environment Friendly Methodology For Fabricating Textiles That Are Embedded With Storage Units

The subsequent era of waterproof, right materials might be laser printed and made in minutes.Petrochemical PET Textile Sustainability

That is the long run imagined by the researchers behind new e-textile expertise.

Scientists from RMIT College in Melbourne, Australia, have developed a price-environment friendly and scalable methodology for quickly fabricating textiles that are embedded with vitality storage units.

Scientists Have Developed An Environment Friendly Methodology For Fabricating Textiles That Are Embedded With Storage Units

-Global fiber production reaches all-time high, preferred cotton share rises

Manmade cellulosic fibers category are increasing steadily with a market share of approximately 6.2% of total fiber production volume, double what it was in 1990.

Preferred fibers gain strength. Global fiber production has reached all-time high, reaching 107 million metric tons in 2018, and is expected to grow to 145 million metric tons by 2030 “if business-as-usual continues”, according to a report by Textile Exchange. In this growth, preferred fibers are gaining market share.

Global fiber production reaches all-time high, preferred cotton share rises

-Seat production in Spain hit by fire at Faurecia plant

A fire which broke out last week at Faurecia’s plant in Abrera, Spain has impacted production at the Seat assembly plant at Martorell and the wider supply chain.

Faurecia was supplying dashboards to Seat on a just-in-time basis for all the models made at Martorell, near Barcelona. Petrochemical PET Textile Sustainability

The fire, which broke out on the evening of Tuesday night (19) affected one of three buildings at the tier one supplier’s facility, which includes paintshop operations. That equipment is reported to have been completely destroyed in the blaze, according to local news source La Tribuna de Automoción.

Seat production in Spain hit by fire at Faurecia plant

-Karl Mayer machines processed recycled yarns at ITMA

At ITMA, Barcelona in June 2019, Karl Mayer illustrated how easily yarns can be processed on its warp knitting machines whilst conserving resources at the same time.

During the fair, the new HKS 3-M-ON produced a patterned tricot fabric carrying Trevira’s Sinfineco label. Karl Mayer is the world leader in the manufacture of textile machinery.

Trevira, a fibre producer, awards the label for textiles that are produced from its sustainable products.Petrochemical PET Textile Sustainability

The range includes fibres and filaments made entirely from high-quality, recycled chips. The regranulate is obtained from PET bottles.

Petrochemical PET Textile Sustainability

-A paper beer bottle? Well almost | Point of Brew

An important part of the trash that pollutes the world comes from plastic packaging.

As time has gone by packaging has gone from a small part of the world’s enterprises to a major issue that engages all sorts of people from academics trying to design new ways of doing it to engineers who design and make the containers that everything comes in these days.Petrochemical PET Textile Sustainability

A paper beer bottle? Well almost | Point of Brew

-Carpet incinerated in bulk as recycling efforts lag

A new Changing Markets Foundation report has flagged up the extent of greenhouse gas (GHG) pollution within the carpet industry, as it’s found that – despite a shift from landfilling – 73 per cent of an estimated 256 million m2 is instead incinerated.

In contrast, only two per cent of carpet in then UK is recycled and less than one per cent is reused.Petrochemical PET Textile Sustainability

Carpet incinerated in bulk as recycling efforts lag

Petrochemical PET Textile Sustainability

Petrochemical Smart Plastic Packaging 27-11-2019

Petrochemical Smart Plastic Packaging 27-11-2019

Petrochemical Smart Plastic Packaging

China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

Crude oil price is steady.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady

Naphtha is at US $/ton 562 .

PET Bottle grade export 770/820 $/ton PET Bottle grade domestic market 6,300/6,400 yuan/ton PET Filament grade SD domestic market 5,900/6,000 yuan/ton – PET Filament grade BR domestic market 5,950/6,050 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,850/4,950 yuan/tonMEG  535/550 $/ton – MEG domestic market 4,550/4,600 yuan/tonPX Korea 765/775 $/ton.

Polyester POY 150D/48F  domestic market 6,950/7,050  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical Smart Plastic Packaging

Crude Oil Prices Trend

Crude Oil Prices Trend

-Higher oil price and production forecast in the US

Production is projected to rise by 30,000 barrels per day, according to the Energy Information Administration

Both the price and production of crude oil are expected to increase during the rest of 2019 and 2020 in the US.

The Energy Information Administration (EIA) has revised its figures, with crude oil production forecast to increase by 30,000 barrels per day (bpd) or 0.2% from its October short term energy outlook (STEO).

Production in 2020 is also forecast to rise by 119,000 bpd or by 0.9%, compared to the projections in the October outlook.

Petrochemical Smart Plastic Packaging

-Audia Elastomers launches line of thermoplastic elastomers made from marine waste plastics

Audia Elastomers, a global supplier of innovative elastomer materials, has launched its OP line of thermoplastic elastomers (TPEs) based on marine waste plastics.

The OP line of elastomer materials includes products with up to 45% marine waste and 70% total recycled material content in a wide range of hardness from 35 Shore A to 95 Shore A. Petrochemical Smart Plastic Packaging

This new range of high-performance materials increases the potential market for marine waste beyond basic PET fibers and containers and allows more brand owners the opportunity to help keep oceans clean and free from debris, according to Anthony Marozsan, market development manager for Audia Elastomers.

Petrochemical Smart Plastic Packaging

-AIMPLAS to Host Seventh International Seminar on Biopolymers and Sustainable Composites

AIMPLAS will hold the seventh edition of its International Seminar on Biopolymers and Sustainable Composites on 4 and 5 March 2020. This seminar is aimed at raw material suppliers, processing companies, machinery manufacturers, end users, companies in plastic waste management and treatment, public administrations (regarding environmental policies), research centres, universities and public research bodies.

Various topics will be discussed at this long-standing seminar, which is highly regarded within the sector. Petrochemical Smart Plastic Packaging

These include trends in biodegradable plastic materials and plastic materials obtained from renewable sources; innovations in biotechnology and the sustainable waste recovery options offered by these materials; and developments in standardization, certification and life cycle assessment (LCA). Attendees will also hear success stories from leading companies.Petrochemical Smart Plastic Packaging

Petrochemical Smart Plastic Packaging

-CEO chopping Adient’s way to profitability

Corporate employees at Adient plc will end the year on vacation.

An unpaid vacation. President and CEO Doug DelGrosso held a companywide town hall at its Plymouth Township, Mich., headquarters on Nov. 14 to explain the situation to employees. That their sacrifice was, after all, for the greater good of the company.

Petrochemical Smart Plastic Packaging

Petrochemical Smart Plastic Packaging

-A symphony of sustainability for Clariant at K 2019

Materials firm Clariant is hearing a symphony at K 2019.

The Muttenz, Switzerland-based company has unveiled its Symphony of Collaboration theme to tackle plastics waste. Petrochemical Smart Plastic Packaging

Officials said that while plastic has been described as “the success story of the 20th century,” its sustainability is increasingly under the spotlight.

Petrochemical Smart Plastic Packaging

-Taiwan textile firms hail US ruling against PRC exporters

Most Taiwanese textile exporters welcomed the November 14 ruling by the US department of commerce that said exporters from China and India had been dumping polyester textured yarn (PTY) in the US market v at margins ranging from 76.07-77.15 per cent and 17.62-47.51 per cent respectively. They perceive this as a chance to compete in a fair market.Petrochemical Smart Plastic Packaging

The US commerce department said it has also issued a final ruling after finding Chinese and Indian polyester textured yarn received countervailable subsidies at rates ranging of 32.18-473.09 per cent and 4.29-21.83 per cent respectively.

-Taiwan textile firms hail US ruling against PRC exporters

-SOLIDS & RECYCLING-TECHNIK

SOLIDS & RECYCLING-TECHNIK Dortmund is the trade show duo for granules, powder, bulk solids and recycling technologies.

On 1st and 2nd of April 2020, 500 national and international companies will present technologies and solutions from the bulk materials and recycling sectors at Messe Dortmund. Petrochemical Smart Plastic Packaging

Trade visitors from Germany and abroad will have the opportunity to discuss the technical future of the industries with renowned companies.

-SOLIDS & RECYCLING-TECHNIK

-Japan’s vision for Asia

As the world’s second-highest user per capita of plastics packaging (after the USA), Japan has set a goal to reduce the 9.4 million tonnes of single-use plastics it produces by 25 per cent by 2030, according to Kentaro Doi, director of plastic waste strategy at Japan’s Ministry of Environment.  Petrochemical Smart Plastic Packaging

This is an about-turn, given that in 2018 both Japan and the US declined to sign the G7 pact to reduce the use of single-use plastics and help prevent plastics pollution, much to the dismay of many environmentalists.

Petrochemical Smart Plastic Packaging

-Oerlikon shows future of manmade fibre production in China

Recently, Oerlikon invited visitors to Shanghaitex in China on a journey into future of manmade fibre production. It showed its guests a vision of sustainable and automated manmade fibre production under the motto ‘Clean Technology, Smart Factory’. Together with numerous other innovations, all this forms the new DNA of Oerlikon manmade fibres segment. Petrochemical Smart Plastic Packaging

Launched to create new standards in texturing: the Eafk Evo generation of machines promises superior speeds, greater productivity and consistently high product quality, along with lower energy consumption and simpler operation vis-à-vis comparable market solutions.

Oerlikon shows future of manmade fibre production in China

-OPEC should make right call for fragile world economy: IEA’s Birol

OPEC countries, which are meeting next week to discuss their level of oil output, should make the right decision for the global economy, which remains “very fragile”, the head of the International Energy Agency told Reuters on Tuesday.

“It is up to OPEC countries to decide, but what I see is that the pressure is strong on the OPEC plus Russia, as a result of the strong growth coming from the non-OPEC countries – the U.S., Brazil, Norway, Guyana and others,” Fatih Birol said in an interview on the sidelines of an energy conference in Oslo. Petrochemical Smart Plastic Packaging

OPEC should make right call for fragile world economy: IEA's Birol

Petrochemical Smart Plastic Packagin

Petrochemical PET Smart Fabric News 26-11-2019

BASF New Project China – BASF Invests USD10 Billion

BASF New Project China

BASF Invests USD10 Billion In New Project In China

BASF New Project China

MOSCOW – BASF has begun construction of an integrated petrochemical project Verbund worth USD10 billion in the southern Chinese city of Zhanjiang, Guangdong province, the company said.

This project will be the first chemical complex in China, which is wholly owned by foreign owners.

The company says that technical polymers and thermoplastic polyurethanes (TPU), as well as some petrochemical products, will be produced in turn.BASF New Project China

The first phase of the project is expected to begin in 2022 with a production capacity of 60 thousand tons per year, as a result of which BASF’s total production capacity for technical plastics and TPU in the Asia-Pacific region will reach 290 thousand tons per year.

The company plans to complete the entire project by 2030. This plant is expected to become the third largest BASF site in the world after Ludwigshafen in Germany and Antwerp in Belgium.BASF New Project China

The company signed the first memorandum of understanding for this project with the government of Guangdong last July.

In January of this year, BASF signed an agreement outlining additional details of the plan.

BASF is a German company producing chemicals, plastics, special products, plant protection products, its subsidiaries are engaged in oil and gas production. The company operates in more than 80 countries, the number of employees of the group exceeds 115 thousand people.

mrcplast.ru

Author: Anna Larionova

BASF New Project China

Petrochemical PET Smart Fabric News 26-11-2019

Petrochemical PET Smart Fabric News 26-11-2019

Petrochemical PET Smart Fabric

-Europe – Price Trend (US $) of PX, FOB (European Northern Port)

Europe - Price Trend (US $) of PX, FOB (European Northern Port)

-BASF Invests USD10 Billion In New Project In China

BASF has begun construction of an integrated petrochemical project Verbund worth USD10 billion in the southern Chinese city of Zhanjiang, Guangdong province, the company said.

This project will be the first chemical complex in China, which is wholly owned by foreign owners. The company says that technical polymers and thermoplastic polyurethanes (TPU), as well as some petrochemical products, will be produced in turn.

The first phase of the project is expected to begin in 2022 with a production capacity of 60 thousand tons per year, as a result of which BASF’s total production capacity for technical plastics and TPU in the Asia-Pacific region will reach 290 thousand tons per year.

-BASF Invests USD10 Billion In New Project In China

Crude Oil Prices Trend

Crude Oil Prices Trend

-Wellman launches 100% rPET preforms

On the back of the recent breakthrough launch of a 90 per cent food grade recycled ‘Squeezy’ Sauce Bottle, Sydney-based manufacturer of rigid plastics packaging, Wellman Packaging, has stepped up again to announce that it is 100 per cent rPET ready.

After 18 months of extensive development, trials, and testing both in Australia and internationally, Wellman Packaging is now able to produce all its PET preforms and, in the near future, PET bottles with 100 per cent food grade recycled PET (rPET).

Petrochemical PET Smart Fabric

-Spanish Researchers makes straws from bacterial bioplastic

An industry-academia collaboration that is in Spain has been able to make drinking straws, which are based on bioplastic produced by the bacteria which are expected to hit the market in next few days.

This collaboration does include companies such as Ocenic Resins and academic institutions such as Jaume I University as well as Institute of Agrochemistry and Food technology, which are all based in Spain. Petrochemical PET Smart Fabric

Straws are usually made from plastic, which is known as polyhydroxyalkanoates (PHA), that is produced by a bacteria that includes Bacillus Megaterium when they get to be stressed.

Petrochemical PET Smart Fabric

-World shares advance on upbeat comments on US-China trade

World stocks rose Friday as upbeat comments by Chinese President Xi Jinping helped quell anxiety over the state of trade talks with the U.S.

Britain’s FTSE 100 rose 1% to 7,311, while the CAC 40 in France gained 0.3% to 5,897. Germany’s DAX picked up 0.1% to 13,146.

Wall Street looked set for gains, with the future contracts for the Dow Jones Industrial Average and the S&P 500 both up nearly 0.2%.Petrochemical PET Smart Fabric

Petrochemical PET Smart Fabric

-US dominance in crude shows no sign of faltering

THE US shale revolution has been a game-changer. Not only has it altered the global energy dynamics, but it has also impacted the associated geopolitics in a big, big way. In the backdrop, many saw the United States, and not Saudi Arabia, as the new oil king of the world.

Courtesy the shale output, for the first time since 1978, last September the States recorded a surplus in the petroleum trade.Petrochemical PET Smart Fabric

US dominance in crude shows no sign of faltering

-Textile companies welcome US rulings

FOUND LIABLE:Nan Ya Plastics said that its US subsidiary would likely see orders increase because of the anti-dumping tariffs imposed on Chinese and Indian firms

The US Department of Commerce’s final rulings earlier this month that China and India have been dumping textiles in the US market have been welcomed by most Taiwanese textile exporters as a chance to compete in a fair market. Petrochemical PET Smart Fabric

Petrochemical PET Smart Fabric

-Twine’s Complete Digital Thread Dyeing Solution

Twine’s TS-1800 is the world’s first, unique and revolutionary solution offering on-demand Digital Thread Dyeing capabilities.

The light infrastructure, easy to use in-house system will change everything you knew about thread and yarns.

Whether you run cut-and-sew lines, a knitting factory, an embroidery service, a sample room, you are a designer or a brand, you will witness an immediate reduction in time and complexity in your daily routine.

Starting today, you will be able to select the exact color of thread you need and have it ready for production – immediately on time! Petrochemical PET Smart Fabric

Twine's Complete Digital Thread Dyeing Solution

-Asia TiO2 December outlook bearish as Chinese demand shrivels up

Asia’s titanium dioxide (TiO2) market outlook in December remains bearish, with demand in China expected to taper down in the weeks ahead.

Conditions in downstream markets remain dismal amid the protracted US-China trade war and lingering macroeconomic concerns. Consequently, demand for TiO2 pigments in China has also suffered.

Even with the news that China and the US have agreed to a phased roll-back of tariffs, many market players deem it premature to assume that the trade dispute could be imminently resolved.Petrochemical PET Smart Fabric

Petrochemical PET Smart Fabric

-Asia petrochemicals outlook, w/c Nov 25

Term contract negotiations for 2020 would continue to be active in Asian petrochemical markets this week, which is expected to keep spot discussions thin.

Market participants would closely monitor naphtha feedstock price as the recent strength is likely to narrow petrochemical margins further.Petrochemical PET Smart Fabric

AROMATICS

Paraxylene

Market participants are closely watching new paraxylene capacity to be started up soon in China. Zhejiang Petrochemicals plans to start up its new aromatics plant soon and market players are expecting more capacity and supply to come online in China that should drive prices further lower. The PX-Naphtha spread which has been falling steadily during the year stood at $237.71/mt Friday, which is a low for the spread in five and half years. The spread was last lower on April 28, 2014, when it stood at $232/mt.

Asia petrochemicals

-EU plans 3.5b euro fund for startups in ‘valley of death’

The European Union (EU) is planning a 3.5 billion euro (S$5.26 billion) fund that will invest in early-stage technology in an effort to increase the pipeline of innovations that might someday take on giants in the US and China.Petrochemical PET Smart Fabric

Traditional venture capital firms typically don’t fund “the famous innovation valley of death”, where science has produced a breakthrough, but a costly and risky research and development phase is still needed before a product could become viable, said Jean-Eric Paquet, the European Commission’s director general for research and innovation, in an interview at the Slush technology conference in Helsinki.

EU plans 3.5b euro fund for startups in 'valley of death'

Petrochemical PET Smart Fabric

Petrochemical PET Resin Smart News 25-11-2019

Petrochemical PET Resin Smart News 25-11-2019

Petrochemical PET Resin Smart

Petrochemical Polymers Ethylene Plastic Prices

Petrochemical PET Resin Smart

Crude Oil Prices Trend

Crude Oil Prices Trend

-US PE offers not tempting all European buyers in spite of knockdown prices

Polyethylene (PE) imports into Europe from the US are not always tempting buyers in spite of the very low prices.

– US HDPE at knockdown prices

– Buyers target end-year discounts

– Global GDP forecasts down

The grades most affected by US imports are high density polyethylene (HDPE) and linear low density polyethylene (LLDPE), with levels well below €900/tonne FD (free delivered) NWE (northwest Europe) for some HDPE grades in particular.

Petrochemical PET Resin Smart

-Europe, Asia tackle PET supply length, US to remain short

Feedstock capacity additions affect PET sentiment

US to remain net short amid delayed mega-plant

The European and Asian polyethylene terephthalate and polyester markets will present a bearish outlook in 2020, led by capacity additions in Asia, slowing global economies and trade tensions. The US, on the other hand, looks set to remain a net importer of PET due to the delayed start-up of a mega-plant.Petrochemical PET Resin Smart

Petrochemical PET Resin Smart

-INEOS OPENS ADVANCED POLYMERS PILOT PLANT IN ITALY

INEOS has opened its new advanced polymer pilot plant in Rosignano, Italy. This plant will help to develop and produce advanced products which will incorporate plastic waste diverted away from landfill or incineration. One example of the many products it will develop will include light weight car parts.Petrochemical PET Resin Smart

The plant supports a more sustainable and circular approach to polymer production, saving CO2 as well as directing plastic waste from landfill back into valuable polymer products. The new plant is part of INEOS’s global 100 million research and development program, which supports INEOS customers globally.Petrochemical PET Resin Smart

Petrochemical PET Resin Smart

-Trevira wins Brandenburg Innovation Award

Trevira has been named winner of the “Brandenburg Innovation Award for Plastics and Chemistry 2019” by the Brandenburg Ministry of Economic Affairs for its new flame retardant, UV-resistant polyester yarn.

The yarn,https://www.tevonews.com/fibres-yarns-news/2226-trevira-wins-award-for-flame-retardant-fibre which is available in a variety of colours, is specially designed for outdoor applications.

It was selected for the award by a jury of five, with the prize-giving ceremony taking place at the Cluster Conference Plastics and Chemistry on 21 November.

Trevira GmbH’s innovative new yarn combines multiple qualities in a way never before achieved for a polyester textile. Petrochemical PET Resin Smart

Petrochemical PET Resin Smart

-Toxic fumes from car exhausts are being converted into fertiliser

Toxic fumes from the exhaust of a diesel or biofuel engine could be worth a fortune as scientists discover a way to trap and convert them into nitric acid.

The resulting chemical is used in a range of industries from the production of nylon fabrics and fertiliser to rocket fuel and explosives.

University of Manchester scientists developed a ‘metal-organic-framework’ (MOF) system that uses water and air to capture and convert the pollutant.

‘The global market for nitric acid in 2016 was $2.5billion’, said Martin Schröder from Manchester University.

-Toxic fumes from car exhausts are being converted into fertiliser

-SIGMA teaches injection moulding know-how for process optimisation

SIGMA is to hold a seminar series to help consumers deal with potential unforeseen circumstances within the injection moulding process.

The series, ‘Optimisation strategies in the injection moulding process’, developed in cooperation with the VDI, aims to jointly develop recommendations for action in order to optimise the part, mould, and process. Petrochemical PET Resin Smart

Petrochemical PET Resin Smart

-Simulating deformation of inserts or core pins

Simulative comparison of the deformation of core pins made of tungsten carbide (left) and 420 stainless steel (right) at the end of the filling of the cavity — the material with the lower modulus of elasticity deforms three times more under constant process conditions.

Virtual moulding can help make decisions in mould design. Comparing different mould materials in the simulation can help prevent deformation during the filling.

There are many questions that injection mould manufacturers confront daily regarding the variety of mould materials which are available in the market.

What type of steel should be used for which part of the mould? Whether it is the thermal conductivity of the steel used for the cavity insert, the diameter of a suitable ejector pin or even the mechanical stability of the core pins.Petrochemical PET Resin Smart

-Simulating deformation of inserts or core pins

-TOMRA: Making the future of food sustainable

Nicolai Prytz, sustainability and strategy director at TOMRA, has looked at how businesses, consumers and policymakers can help make the future of food sustainable.

With a rapidly growing population, adopting sustainable production practices on a global scale is an imperative to safeguard the future of our planet. Petrochemical PET Resin Smart

The food supply chain is certainly one area where there is urgent need for improved sustainability. Without food – this precious resource currently being wasted across the supply chain – society as a whole becomes unable to function.

TOMRA: Making the future of food sustainable

-Brugnoli presents new capsule collection with Lycra

From underwear to beachwear, urban wear to athleisure – the fabrics made using Explosive Technology by Brugnoli, enhanced by Lycra fibre specialties, are the perfect resource for style and performance, the company reports.Petrochemical PET Resin Smart

Brugnoli, an Italian company specialised in high-end circular knit fabrics for sports, swimwear, lingerie, ready to wear, has presented a special collection of outfits made using fabrics based on Explosive Technology at this month’s MarediModa show in Cannes.

Petrochemical PET Resin Smart

-Seventh Starlinger recycling line

In July 2019, the recycling company Calex S.R.L. installed a Starlinger recycling line for post-consumer film in Satu Nou de Jos in the Romanian municipality Groși – already the seventh line supplied by Starlinger recycling technology.

At Calex, a family-run company in the Romanian municipality Groși, approx. 600-700 tons of plastic waste are recycled each month.

In July, the company installed a plastics recycling line type Recostar dynamic 105 C-VAC supplied by Starlinger recycling technology.Petrochemical PET Resin Smart

With four Starlinger lines running in Romania and three more at the company headquarters Candi Plastic Recycling in Sollenau/Austria, the owners already operate a total of seven lines supplied by the Austrian machinery manufacturer.

Seventh Starlinger recycling line

-From plastic bottle to … plastic bottle: how Cape Town recycles

About 90% of South Africa’s waste is not recycled – but tracking the ‘virtuous’10% is an interesting journey.

Each year, South Africans produce about 40 million tonnes of general waste, only 10% of which is recycled, according to the State of Waste Report published by the Department of Environmental Affairs in 2018. The other 90% ends up in landfills or waste storage facilities around the country. But what happens to the 10% of materials that have a second, third, or even a fourth, chance at life?  Petrochemical PET Resin Smart

The South African government lagged behind many countries in implementing public recycling programmes, with its pilot project in 2004 in Cape Town. Only in 2006 did public recycling come to Gauteng and KwaZulu-Natal, and then slowly spread to the rest of the country

From plastic bottle to … plastic bottle: how Cape Town recycles

-Study forecasts more increases in US oil production

Even though there appears to be signs of weakening in the crude oil and natural gas production boom in the U.S., a new report from the Energy Information Administration (EIA) predicts continued production increases through 2020.

EIA revised its Short-Term Energy Outlook this week forecasting a 119,000 barrels per day (b/d) increase in oil production in 2020 over 2019.

EIA says oil production will increase to 12.3 million b/d this year, which is up from 11 million b/d in 2018. Petrochemical PET Resin Smart

Study forecasts more increases in US oil production

-The Most Advanced Lignin Valorization Process Will Create a Wave of New Bio-Materials

METNIN™ Technology combines high solubility of lignin and enzymatic treatment, designed to specifically modify and activate any lignin. Discover the potential mid-range applications (e.g. polyurethane foams, sizing and coating) of this revolutionary lignin valorization technology.Petrochemical PET Resin Smart

Currently, only about 2% of the lignin available from the pulp industry is commercialized, mainly from the sulfite process.

The Most Advanced Lignin Valorization Process Will Create a Wave of New Bio-Materials

-Groupe Renault designs textile from recycled materials

Groupe Renault along with Filatures du Parc, a spinning mill in the Tarn region of France, and Adient Fabrics, an automotive seat supplier in Ariège, France, has designed a textile product made exclusively from recycled materials such as safety belts, textile scrap from the automotive industry and polyester fibres from the recycling of plastic bottles (PET).

The material has been used in the interior of the New Renault Zoe, in Zen and Intens finishes. The material was designed under a project – “àfiler” (“to thread”) – initiated by Groupe Renault in 2015. Petrochemical PET Resin Smart

Groupe Renault designs textile from recycled materials

Petrochemical PET Resin Smart

Petrochemical PET Resin Fibers News 23-11-2019

Petrochemical Polymers Ethylene Plastic Prices

Petrochemical Polymers Ethylene Plastic

Petrochemical Polymers Ethylene Plastic

PolyestertimePetrochemical Polymers Ethylene Plastic
ITEM18/11/201925/11/2019+/-
Bottle grade PET chips domestic market6,350 yuan/ton6,375 yuan/ton+25
Bottle grade PET chips export market825 $/ton820 $/ton-5
Filament grade Semidull chips domestic market

Petrochemical Polymers Ethylene Plastic

5,900 yuan/ton5,950 yuan/ton+50
Filament grade Bright chips domestic market5,950 yuan/ton6,000 yuan/ton+50
Pure Terephthalic Acid PTA domestic market4,755 yuan/ton4,815 yuan/ton+60
Pure Terephthalic Acid PTA export market
605 $/ton 605 $/ton
Monoethyleneglycol MEG domestic market4,650 yuan/ton4,605 yuan/ton-45
Monoethyleneglycol MEG export market550 $/ton545 $/ton-5
Paraxylene PX FOB  Taiwan market787 $/ton794 $/ton+7
Paraxylene PX FOB  Korea market767 $/ton773 $/ton+6
Paraxylene PX FOB EU market

Petrochemical Polymers Ethylene Plastic

708 $/ton715 $/ton+7
Polyester filament POY 150D/48F domestic market6,925 yuan/ton7,000 yuan/ton
+75
Recycled Polyester filament POY  domestic market6,700 yuan/ton6,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market8,550 yuan/ton8,600 yuan/ton+50
Polyester filament FDY 68D24F domestic market 7,550 yuan/ton7,700 yuan/ton+150
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Ethylene Plastic
7,050 yuan/ton7,200 yuan/ton+150
Polyester staple fiber 1.4D 38mm domestic market6,750 yuan/ton6,730 yuan/ton-20
Caprolactam CPL domestic market10,650 yuan/ton10,700 yuan/ton
+50
Caprolactam CPL overseas  market1,270 $/ton1,270 $/ton
Nylon6 chips overseas  market1,580 $/ton1,530 $/ton-50
Nylon6 chips conventional spinning domestic  market11,750 yuan/ton11,750 yuan/ton
Nylon6 chips  high speed spinning domestic  market12,000 yuan/ton11,750 yuan/ton-250
Nylon 6.6 chips domestic  market22,500 yuan/ton22,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Ethylene Plastic

14,300 yuan/ton14,100 yuan/ton-200
Nylon6 Filament DTY 70D/24F domestic  market17,050 yuan/ton16,900 yuan/ton-150
Nylon6 Filament FDY  70D/24F  domestic  market15,400 yuan/ton14,900 yuan/ton-500
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market7,800 yuan/ton7,700 yuan/ton-100
Benzene domestic market5,350 yuan/ton5,350 yuan/ton
Benzene overseas  market646 $/ton647 $/ton +1
Ethylene South East market810 $/ton810 $/ton
Ethylene NWE  market817 $/ton793 $/ton-24
Acrylonitrile ACN  domestic market10,500 yuan/ton10,300 yuan/ton-200
Acrylonitrile ACN  overseas market1,500 $/ton1,450 $/ton-50
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,300 yuan/ton10,100 yuan/ton-200
PP Powder domestic market7,850 yuan/ton7,850 yuan/ton
Naphtha overseas market 

Petrochemical Polymers Ethylene Plastic

537 $/ton556 $/ton
+19
Phenol domestic market 7,300 yuan/ton7,300 yuan/ton
PS Taiwan 5250 GPPS1,072 $/ton 1,072 $/ton
PS Taiwan 8250 HIPS1,189 $/ton 1,189 $/ton
LDPE CFR Far East 882 $/ton862 $/ton-20
LLDPE CFR Far East812 $/ton792 $/ton-20
LDPE   FOB Middle East870 $/ton850 $/ton-20
LLDPE FOB Middle East800 $/ton780 $/ton-20
HDPE CFR Far East820 $/ton800 $/ton-20
LDPE FD Northwest Europe 933 €/ton913 €/ton-20
LLDPE FD Northwest Europe 918 €/ton908 €/ton-10
Homopolymer PP CFR Far East960 $/ton955 $/ton
Homopolymer PP FD NWE1,001 €/ton981 €/ton

Petrochemical Polymers Ethylene Plastic

Petrochemical PET Resin Fibers News 23-11-2019

Petrochemical PET Resin Fibers

-A quiet October for commodity resin prices

October was quiet month on the North American commodity resin pricing front, with only polypropylene registering any movement.

North American prices for PP fell an average of 2 cents per pound in October, amid lower feedstock costs and lackluster demand. That drop negated 1-cent hikes from July and September. Regional PP prices were flat in August.

Market watchers told Plastics News that North American PP sales are up less than 2 percent so far in 2019. Factoring out export sales leaves domestic demand slightly negative for the year.

Petrochemical PET Resin Fibers

-Nissei buying controlling share of Negri Bossi

Japan-based Nissei said it’s buying 75 per cent of Negri Bossi’s shares now and the remaining 25 per cent “within a few years.”

Japan-based injection molding machine maker Nissei Plastic Industry Co. Ltd. is buying a controlling interest in Italian competitor Negri Bossi SpA for an undisclosed amount.

In a Nov. 21 statement, Nissei said it is buying 75 per cent of the company’s shares “for the time being and the remaining 25 per cent within a few years.”

“Negri Bossi is the number one injection molding machine manufacturer in Italy, with a wide range of high-performance injection molding machines,” Nissei said.

Petrochemical PET Resin Fibers

-Taiwan textile firms welcome U.S. ruling against China exporters

The final rulings earlier this month by the United States Department of Commerce that China and India have been dumping certain textiles on the U.S. market were welcomed by most Taiwanese textile exporters as chance to compete in a fair market.

In a statement issued Nov. 14, the U.S. DOC said after an investigation, it found that exporters from China and India had dumped polyester textured yarn (PTY) in the U.S. market at margins ranging from 76.07 percent to 77.15 percent and 17.62 to 47.51 percent, respectively.

Petrochemical PET Resin Fibers

-US biodiesel production likely to continue declining on lapsed tax credit

US biodiesel production is likely to decline further if the lapsed $1/gal tax credit is not reinstated as part of the government’s spending budget for the next fiscal year.

Without any certainty that the federal $1/gal tax credit will be reinstated, US biodiesel producers face extreme financial pressure to maintain operations.

The situation has grown more dire now that producers have exceeded the 2019 mandate as of late October/early November, with fully integrated producers heard to be operating at 50-60% across their plants, said one source.

The situation will grow in severity as the Environmental Protection Agency’s (EPA) statutory 30 November deadline for finalizing its 2020 Renewable Fuel Standard (RFS) production targets approaches.

Petrochemical PET Resin Fibers

-US PE offers not tempting all European buyers in spite of knockdown prices

Polyethylene (PE) imports into Europe from the US are not always tempting buyers in spite of the very low prices.

– US HDPE at knockdown prices

– Buyers target end-year discounts

– Global GDP forecasts down

The grades most affected by US imports are high density polyethylene (HDPE) and linear low density polyethylene (LLDPE), with levels well below €900/tonne FD (free delivered) NWE (northwest Europe) for some HDPE grades in particular.

Some sources even quoted prices as low as €800/tonne, but this has not been confirmed in the wider market.

Spot prices had been trading above this level in previous weeks.

Petrochemical PET Resin Fibers

-Firmer naphtha could stall falling European ethylene, propylene spot prices

A month-on-month increase in feedstock naphtha values might help stave off any further declines in European ethylene and propylene spot prices, but cracker operators might curtail operating rates due to persistent market softness.

“Considering the [spot] discounts and the increase in naphtha, we are close to break-even point,” a source said.

Another said: “Firm naphtha and lack of support from the by-products would certainly put a cap on what some cracker operators can offer.”

Firmer naphtha could stall falling European ethylene, propylene spot prices

-Suntory Group joins Global Plastic Action Partnership

Suntory Group has announced it has joined the Global Plastic Action Partnership (GPAP), a platform that works to effectively and sustainably reduce plastic waste and pollution around the world.

The partnership will help Suntory be part of a more sustainable society while also exercising dynamic leadership in the transformation to a circular, post-carbon world.

-Suntory Group joins Global Plastic Action Partnership

-UK chems should be counted in EU rules of origin quotas post-Brexit – CIA

UK chemicals should continue to be counted in quotas for EU-origin material for finished products post-Brexit or risk being stripped out of supply chains, according to trade group the Chemical Industries Association (CIA).

The UK government should push for local-origin product to continue to be counted as part of EU production quotas or risk seeing domestic players removed from European supply chains, the trade group is expected to say in its new Britain at Work manifesto.

UK chems should be counted in EU rules of origin quotas post-Brexit - CIA

-Advanced Biofuels Canada continues growth with new members

Biofuels association Advanced Biofuels Canada (ABFC) is continuing to expand its membership, with the addition of new members including fuel marketers, global technology developers and strategic intelligence services providers.

The new members include: Argus Media, an independent provider of energy and commodity price benchmarks; Carbon Engineering, a Canadian company whose technology captures carbon dioxide directly from the atmosphere and synthesises it into clean energy; Elbow River Marketing, a North American marketer of a range of energy products; and VERBIO North America, a subsidiary of German biofuels producer VERBIO.

Advanced Biofuels Canada continues growth with new members

Petrochemical PET Resin Fibers

Petrochemical PET Resin PTA News 22-11-2019

 

 

Monoethylene Glycol MEG Europe contract prices

Monoethylene Glycol MEG Europe

October MEG price in Europe agreed at EUR26 per tonne higher than September

Monoethylene Glycol MEG Europe

MOSCOW – The contract price of monoethylene glycol (MEG) for October in Europe was finally agreed at EUR632 per tonne, which is EUR26 per tonne higher than the previous month, ICIS reported citing confirmation from the second buyer and second seller.

The MEG contract price for October shipments was agreed on terms of delivery of FD NWE (with delivery to North-West Europe) with a significant delay, i.e. a few weeks after the first approval.

Thus, the necessary configuration was achieved for approving the contract price: confirmation was received from two manufacturers / sellers and two consumers / buyers.

Also, along with the final approval of the contract price for October, the initial contract price of the MEG for November deliveries in Europe was agreed.

It should be noted that in the current year, the monthly monthly final approval of MEG contract prices for the most part of the year was delayed, only a few months were approved on time.Monoethylene Glycol MEG Europe

MEG along with terephthalic acid (TFA) is one of the main components for the production of polyethylene terephthalate (PET). Monoethylene Glycol MEG Europe

According to the ICIS-MRC Price Survey , the cost of PET granulate in China will continue to put downward pressure on Russian material prices by the end of the year.

Prices in the region have already reached levels that are only USD30-50 per tonne higher than the minimum prices for the previous 10 years.

Against this background, a further decrease in the cost of Russian granulate for contract buyers in December by about 3 thousand rubles is expected. per ton. This month, formula prices are in the range of 75,000-78,000 rubles. per tonne, CPT Moscow, including VAT.

mrcplast.ru

Author:Margarita Volkova

Monoethylene Glycol MEG Europe

Petrochemical PET Resin ACN News 21-11-2019

Tarkett Aquafil closeloop carpet circular economy

Tarkett Aquafil closeloop carpet

Tarkett and Aquafil close the loop on carpet tiles: a key step towards circular economy

Tarkett Aquafil closeloop carpet

Tarkett today announces that it is closing the loop on commercial carpet tiles in Europe thanks to a pioneering partnership with Aquafil.

This is the result of an intensive collaboration over recent years, going beyond the traditional customer and supplier relationship. Tarkett Aquafil closeloop carpet 

The two companies present today this significant step towards circular economy at Tarkett’s carpet tile facility in Waalwijk, the Netherlands. Its unique recycling center creates two streams of materials that can be recycled and transformed into high-quality resources for new products.

Tarkett Aquafil closeloop carpet

Tarkett has developed breakthrough technology at its Waalwijk facility and is now able to separate the two principal components of carpet tiles – yarn and backing, while retaining more than 95% yarn purity. Tarkett Aquafil closeloop carpet 

This level of purity is vital in ensuring that the polyamide 6 (PA6) yarn can be recycled by Aquafil and later transformed into regenerated ECONYL® nylon yarn.

Tarkett Aquafil closeloop carpet

In addition, Tarkett has increased its capacity in Waalwijk to produce its EcoBase carpet tile backing to meet customers’ growing demand for this sustainable product.

Available since 2010, EcoBase has been designed for disassembly from the outset.

Overall, 100% of an EcoBase-backed carpet tile with PA6 yarn is recyclable. The PA6 yarn and backing are recycled without loss of quality; used yarn becomes new yarn and used backing new backing. Tarkett Aquafil closeloop carpet 

Recycling EcoBase-backed carpet tiles with ECONYL® yarn delivers up to 84% CO2 savings compared to incineration.

Tarkett has invested approximatively 15 million euros on this whole set of initiatives aimed at closing the loop on carpet tiles in Europe.

Technological innovation now makes it possible to multiply the life cycles of building materials. Together with Aquafil, we are accelerating our circular economy journey and leading our industry’s progress in carpet recycling,” says Fabrice Barthélemy, Tarkett’s CEO. “This is a fundamental step forward in maximising the value of materials and preventing carpet tiles from being incinerated or sent to landfill. Truly closing the loop on flooring is a key driver of Tarkett’s strategy to preserve natural resources and protect the environment.Tarkett Aquafil closeloop carpet 

Giulio Bonazzi, Aquafil’s CEO, comments: “We are delighted to help Tarkett with the last mile of its journey to close the loop on carpet tile production. We must urgently transform the way products are designed, produced and consumed. Through our collaboration with Tarkett, we will strengthen our commitment to realising this vision by increasing the reutilisation of yarns and helping to design out waste.”

Aquafil Chairman Giulio Bonazzi

Tarkett has sourced PA6 and ECONYL® nylon yarn from Aquafil for more than a decade and uses ECONYL® in its Desso AirMaster carpet tiles, for example. Now, the partnership is going full circle, with Aquafil sourcing post-use PA6 yarn from Tarkett to create its regenerated ECONYL® yarn.  Tarkett Aquafil closeloop carpet 

Closing the loop is a collaborative endeavour and we invite our customers to join us in making this journey together through our ReStart® flooring take-back and recycling programme,” concludes Fabrice Barthélemy. “The construction and renovation sector is undergoing a major transformation. Tarkett is playing an active role in this unprecedented mobilization of innovative players committed to reducing the carbon footprint of building materials and to extending their lifespan. In working with us, our customers have the opportunity to make the right choices to create sustainable buildings and spaces for future generations.”

Tarkett is the only carpet-maker in Europe to have verified evidence of closing the loop on carpet tile production, as documented by the Environmental Product Declarations (EPDs) for EcoBase-backed tiles. This change of scale in flooring will also be amplified in Europe with the development of a European Green Deal by the European Commission that promotes recycling channels and encourages the use of sustainable materials, accelerating the shift to the circular economy.  Tarkett Aquafil closeloop carpet 

Grodno Azot polyamide production October

Grodno Azot polyamide production

Grodno Azot reduces polyamide production in October by 22.8%

Grodno Azot polyamide production

MOSCOW- Grodno Azot (Grodno, Republic of Belarus), including PTC Khimvolokno, in October 2019, the company reduced production by 24% compared to the same period in 2018, the company website says. .

Commodity production for the reporting period was released in the amount of 130 178 thousand Belarusian rubles. Grodno Azot polyamide production

For ten months of this year, the company reduced production by 0.9%, which amounted to 1,349,850 thousand Belarusian rubles.

Compared to October last year, caprolactam production decreased by 16.3%, amounting to 7,904.8 tons.

Since the beginning of the year, 92,309.6 tons of products have been produced (compared with January-October 2018, the figure decreased by 8.6%).

The production of fibers and chemical threads in October of this year compared to last year’s similar reporting period decreased by 14.1%, amounting to 3,429 tons.

The increase for January-October 2019 compared to the same period last year amounted to 0.6%, in just ten months of this year 35 715 tons were produced.

In October, the cord fabric production continued to decline by 19.1%, a total of 2 179 thousand linear meters were accumulated. Grodno Azot polyamide production

In just ten months, 22 105 thousand metric units were produced (-21.8% compared with January-October 2018).

Primary polyamide production in October decreased by 22.8%, amounting to 7,433 tons. In January – October, 85 609 tons were produced, a decrease of 7.8% compared with last year. The output of other polyamides in the reporting month increased by 0.5% compared to October 2018 and amounted to 1 201 tons. In just ten months, 10,863 tons were produced (+ 1% compared to January-October 2018).

Earlier it was reported that Grodno Azot is the largest consumer of benzene in Belarus.

In Russia, the largest recipient of imported benzene is KuibyshevAzot. Benzene is used as a raw material for the production of caprolactam, which is produced by Grodno Azot and KuibyshevAzot.

Recently, the Naftan company (Novopolotsk, Vitebsk region, Republic of Belarus) concluded a one-time deal with the Russian company KuibyshevAzot for the supply of 2 thousand tons of benzene; regular deliveries are not planned.

As previously reported , Grodno Azot is preparing to implement a large-scale investment project for the construction of a new nitrogen complex worth about USD1.3 billion. The annual ammonia production capacity will be 875 thousand tons, urea – 1 million 225 thousand tons, hydrogen – 200 million cubic meters. . m. Putting the complex into operation is planned at the end of 2024.Grodno Azot polyamide production

Grodno Azot is an open joint stock company, a Belarusian state company, a manufacturer of nitrogen compounds and fertilizers. In August 2000, the Grodno Production Association “Azot” was transformed into the Grodno Production Republican Unitary Enterprise “GPO Azot”, and in 2002 – into the open joint-stock company “Grodno Azot”.

mrcplast.ru

Author: Anna Larionova

US polyethylene terephthalate PET contract prices

US polyethylene terephthalate PET

Polyethylene Terephthalate (PET) in the US in November fell by USD66 per ton

US polyethylene terephthalate PET

MOSCOW – The contract prices of polyethylene terephthalate (PET) in the US in November fell by 3 cents per pound (USD66 per ton) amid weakening demand and cooling, ICIS reports.

At the same time, some participants have already concluded 3-month contracts with a decrease of 3 cents per pound. Spot prices also declined. US polyethylene terephthalate PET

Spot and contract resin prices followed a downtrend amid economic uncertainty caused by the protracted trade war between the US and China.

Most contracts fell 3 cents a pound, while spot prices fell 2–3 cents a pound, with deals at 47 cents a pound (USD 1,034 a ton), CFR US West Coast and 50 cents a pound ( USD1 100 per tonne) DEL for imported material.US polyethylene terephthalate PET

The global economic downturn caused by the trade conflict between the US and China has become the main reason for the sharp decline in PET prices in the US and Asia, especially in China.

According to the ICIS-MRC Price Review , the cost of PET granulate in China will continue to put downward pressure on Russian granulate prices by the end of the year.

Prices in the region have already reached levels that are only USD30-50 per tonne higher than the minimum prices for the previous 10 years. Against this background, a further decrease in the cost of Russian granulate for contract customers in December by about 3,000 rubles is expected. per ton.US polyethylene terephthalate PET

DAK Americas, Indorama, Nan Ya Plastics Corporation, and Far Eastern New Century (FENC) are US PET manufacturers.

mrcplast.ru

Author: Anna Larionova

Petrochemical PET Resin ACN News 21-11-2019

Petrochemical PET Resin PTA News 22-11-2019

Petrochemical PET Resin PTA

China – Polyethylene Terephthalate

PET and its chain are in health .

Crude oil price is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady

Naphtha increases.

PET Bottle grade export 770/825 $/ton PET Bottle grade domestic market 6,350/6,450 yuan/ton PET Filament grade SD domestic market 5,850/6,000 yuan/ton – PET Filament grade BR domestic market 5,950/6,050 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,800/4,900 yuan/tonMEG  545/555 $/ton – MEG domestic market 4,600/4,700 yuan/tonPX Korea 765/775 $/ton.

Polyester POY 150D/48F  domestic market 6,950/7,050  yuan/tonPolyester DTY 150D/48F  domestic market 8,550/8,650  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PET Resin PTA

Crude Oil Prices Trend

Crude Oil Prices Trend

October MEG price in Europe agreed at EUR26 per tonne higher than September

The contract price of monoethylene glycol (MEG) for October in Europe was finally agreed at EUR632 per tonne, which is EUR26 per tonne higher than the previous month, ICIS reported citing confirmation from the second buyer and second seller.

The MEG contract price for October shipments was agreed on terms of delivery of FD NWE (with delivery to North-West Europe) with a significant delay, i.e. a few weeks after the first approval.

Petrochemical PET Resin PTA

– Polyethylene Terephthalate (PET) contract prices in the US in November fell by USD66 per ton

The contract prices of polyethylene terephthalate (PET) in the US in November fell by 3 cents per pound (USD66 per ton) amid weakening demand and cooling, ICIS reports.

At the same time, some participants have already concluded 3-month contracts with a decrease of 3 cents per pound. Spot prices also declined.

Spot and contract resin prices followed a downtrend amid economic uncertainty caused by the protracted trade war between the US and China.

Petrochemical PET Resin PTA

-Grodno Azot reduces polyamide production in October by 22.8%

Grodno Azot (Grodno, Republic of Belarus), including PTC Khimvolokno, in October 2019, the company reduced production by 24% compared to the same period in 2018, the company website says. .

Commodity production for the reporting period was released in the amount of 130 178 thousand Belarusian rubles. For ten months of this year, the company reduced production by 0.9%, which amounted to 1,349,850 thousand Belarusian rubles.

Petrochemical PET Resin PTA

-Itema exhibits weaving innovations at ITMACH India

Itema, a leading provider of best-in-class weaving solutions, including weaving machines, OEM spare parts and integrated services, is exhibiting at ITMACH India at The Exhibition Centre in Ahmedabad, next month.

India represents one of the most interesting textiles industries in the world, featuring numerous textiles districts throughout the country and producing a wide range of woven fabrics.

Petrochemical PET Resin PTA

-Tarkett and Aquafil close the loop on carpet tiles: a key step towards circular economy

Tarkett today announces that it is closing the loop on commercial carpet tiles in Europe thanks to a pioneering partnership with Aquafil.

This is the result of an intensive collaboration over recent years, going beyond the traditional customer and supplier relationship.Petrochemical PET Resin PTA

The two companies present today this significant step towards circular economy at Tarkett’s carpet tile facility in Waalwijk, the Netherlands.

Tarkett and Aquafil close the loop on carpet tiles: a key step towards circular economy

-Honeywell UOP Supplies Technology to PDH Plant in Texas

Process technology and solutions firm Honeywell UOP is supplying its C3 Oleflex technology to Enterprise Products Partners LP for use in the firm’s propane dehydrogenation (PDH) unit in Mont Belvieu, TX.

Under the arrangement, Honeywell UOP will provide Oleflex technology licensing to the plant, as well as engineering, catalysts, adsorbents, services, and equipment, according to a company press release issued Wednesday. The new Enterprise facility, known as PDH 2, will have a capacity of 750,000 mt/yr of polymer-grade propylene.

-Honeywell UOP Supplies Technology to PDH Plant in Texas

-Indorama completes acquisition of Europe’s Sinterama

INDORAMA Ventures Public Company Limited (IVL) has announced on Wednesday (20) that it has completed the acquisition of Sinterama.

Sinterama is global polyester automotive interiors and high-performance coloured yarns manufacturer.Petrochemical PET Resin PTA

“This acquisition elevates IVL’s capability to deliver comprehensive and innovative solutions in highly specialised applications, including coloured polyester yarns for the automotive, furnishing, apparel and technical applications,” the company said yesterday.

Petrochemical PET Resin PTA

-Putin says shale oil technologies are ‘barbaric’

Russian President Vladimir Putin has criticized countries like the U.S. for ignoring the environmental impact of shale oil and natural gas production, describing it as a “barbaric” process the Kremlin won’t pursue, CNBC reports.

Speaking at a business conference in Moscow Wednesday, Putin said: “Today’s technology of shale oil production and shale gas are without any doubt … barbaric,” CNBC reported, Kallanish Energy understands.

Putin says shale oil technologies are ‘barbaric’

-Viridor agrees to provide recycled plastics to Unilever

UK-based recycling and waste management company Viridor has agreed to supply its recycled plastics to consumer goods company Unilever.

According to a five-year contract, Unilever will receive recycled plastic from Viridor’s Avonmouth Resource Recovery Centre.Petrochemical PET Resin PTA

The £65m centre near Bristol will be powered by energy generated from its £252m energy recovery facility in Avonmouth

Viridor agrees to provide recycled plastics to Unilever

Petrochemical PET Resin PTA

Petrochemical PET Resin ACN News 21-11-2019

Petrochemical PET Resin ACN News 21-11-2019

Petrochemical PET Resin ACN

China – Polyethylene Terephthalate

PET and its chain are assessed mixed,but globally are weak .

Crude oil price is steady.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile decreases.

Naphtha descreases,

PET Bottle grade export 770/825 $/ton PET Bottle grade domestic market 6,300/6,400 yuan/ton PET Filament grade SD domestic market 5,850/5,950 yuan/ton – PET Filament grade BR domestic market 5,900/6,000 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,750/4,900 yuan/tonMEG  545/555 $/ton – MEG domestic market 4,650/4,750 yuan/tonPX Korea 755/770 $/ton.

Polyester POY 150D/48F  domestic market 6,900/7,050  yuan/tonPolyester DTY 150D/48F  domestic market 8,500/8,600  yuan/tonPolyester Staple PSF domestic market 6,700/7,800 yuan/ton

Petrochemical PET Resin ACN

Crude Oil Prices Trend

Crude Oil Prices Trend

-Ioncell’s fiber innovation could help drive the circular economy transition

The textile, garment and fashion industries generate tonnes of pollution each year and recycle very little, which has harmful effects on the environment and on humans.

EIT Climate-KIC supported Ioncell directly addresses these global systemic issues by offering an innovation that regenerates fibers, while enabling them to be recyclable and biodegradable.

Might it be the key to transitioning these unsustainable industries to a circular economy?

Petrochemical PET Resin ACN

-Russia unlikely to deepen oil output cuts: sources

Russia is unlikely to agree to deepen cuts in oil output at a meeting with fellow exporters next month, but could commit to extend existing curbs to support Saudi Arabia, three sources said on Tuesday.Petrochemical PET Resin ACN 

The Organization of the Petroleum Exporting Countries meets on Dec. 5 at its headquarters in Vienna, followed by talks with a group of other exporters, which includes Russia, known as OPEC+.

Petrochemical PET Resin ACN

-Injection molder PMM acquires Phillips-Moldex

Plastic Molding Manufacturing ICo. (PMM), a Hudson, Mass.-based injection molder, acquired Phillips-Moldex Co., an injection molder in Putnam, Conn., as part of a growth strategy to expand in the United States and reshore plastics production from overseas.

Founded in 1958, Phillips-Moldex produces plastic components, such as gears and ball bearings, for the automotive, medical, office equipment and other markets in a highly automated plant with work cells and 35 employees.Petrochemical PET Resin ACN 

Petrochemical PET Resin ACN

-South Asia can turn the tide on oceans plastics pollution

Imagine you’re standing on the pristine beach of a remote atoll in the Maldives. Turquoise water, white sand, gleaming sun– this is as close to an unspoiled Eden as it gets.

But something does not belong here as you notice a small plastic bottle drifting past you.

Instantly, this vision of paradise is lost.Petrochemical PET Resin ACN 

Sadly, this bottle is but a tiny fragment of the million tons of plastic waste that threaten Maldives’ fragile environment. In the capital city of Male alone, 280,000 plastic bottles get discarded every day.

Petrochemical PET Resin ACN

-EPA Recycling Summit emphasizes need for urgent action, shies away from regulatory changes

Officials and industry representatives touted progress, including upcoming voluntary recycling goals, but expressed confidence the market can handle this evolution with minimal policy interference

More than two years into the fallout from China’s scrap import restrictions, key figures in the recycling industry have united behind the need for increased, immediate federal activity in the space. Petrochemical PET Resin ACN 

EPA Recycling Summit emphasizes need for urgent action, shies away from regulatory changes

-Coca-Cola switches to recycled plastic for PET bottles in Sweden

Drinks group Coca-Cola (KO.N) said on Tuesday it would start using PET bottles in Sweden made only of recycled plastic in a first step towards expanding its use of recycled plastic in western Europe.

Coca-Cola said the switch at its Jordbro factory south of Stockholm would enable the company to use around 3,500 tonnes less of virgin plastic annually.

The company also said increasing the share of recycled material in packaging was an efficient way to reduce its C02 footprint.Petrochemical PET Resin ACN 

Coca-Cola switches to recycled plastic for PET bottles in Sweden

-“Accurately predicting consumer responses to sustainable packaging”

Consumer beliefs about sustainable packaging differ significantly from the reality. Marketing and Consumer scientist, Dr Nigel Steenis, therefore suggests manufacturers think extremely carefully about consumer perception of new sustainable packaging before launching it onto the market. The scientist successfully defended his PhD thesis, at Wageningen University & Research, November 5th 2019.Petrochemical PET Resin ACN 

Following his Master in Management, Economics and Consumer studies, achieved five years ago, Steenis saw a PhD as “the perfect pathway to continuing his development in this field.” Shortly after graduating, he became aware of an interesting vacancy at TiFN and applied immediately.

“As a marketing researcher, TiFN’s unique combination of scientific excellence and industrial relevance really appealed to me.”

Petrochemical PET Resin ACN

-US firm to build ethylene-to-alkylate plant in Texas

Next Wave Energy Partners made a final investment decision (FID) to build an ethylene-to-alkylate plant in Pasadena, Texas, off of the Houston Ship Channel, the US-based company said on Wednesday.

Next Wave did not reveal the cost of the project.

The plant, called Project Traveler, will have a capacity to produce 28,000 bbl/day of alkylate, Next Wave said.

It can consume more than 1.2bn lb/year (544,000 tonnes/year) of ethylene, the company said. Next Wave will receive the feedstock from multiple pipelines. It can also receive feedstock and deliver product by rail.

US firm to build ethylene-to-alkylate plant in Texas

Petrochemical PET Resin ACN

Petrochemical PET Resin Polyester News 20-11-2019

Petrochemical PET Resin Polyester News 20-11-2019

Petrochemical PET Resin Polyester

Crude Oil Prices Trend

Crude Oil Prices Trend

-Birla Carbon, Chasm partner to advance nano-carbons

Indian carbon black supplier Birla Carbon and US-based Chasm Advanced Materials Inc. have agreed to jointly develop nanomaterials for use in high-performance tires, among other applications.

Chasm of Marietta, Atlanta develops and manufactures printed electronics materials and battery materials based on carbon nanotube and ink/coating technologies.

Under the agreement, the partners will share research and engineering resources to develop and manufacture hybrid nanomaterials based on carbon substrates and carbon nanotubes.

The hybrid nanomaterials will combine Chasm’s nanotube enhanced carbon (NTeC) technology with Birla Carbon’s expertise in commercialisation and manufacturing, the companies announced 18 Nov.

Petrochemical PET Resin Polyester

-Asia’s naphtha prices fell alongside losses in global crude oil futures

Asia’s naphtha prices fell alongside losses in global crude oil futures, amid limited demand and burgeoning supply from deep-sea cargo flows to the region.

On Tuesday morning, open-specification naphtha prices for first-half January delivery averaged at $541.00/tonne CFR (cost and freight) Japan, down by $7.00/tonne from the Asia close on 18 November.Petrochemical PET Resin Polyester

Crude oil prices slumped overnight amid uncertainty concerning a trade agreement between the US and China. January ICE Brent crude oil futures settled lower by more than 1% at $62.44/bbl.

Petrochemical PET Resin Polyester

-Turkey’s business circles eyeing $ 30 billion in trade with Iran

Business organisations in Turkey are looking to increase the $ 9.5 billion trade volume between Turkey and Iran to $ 30 billion, President of Foreign Economic Relations Board of Turkey (DEİK) Nail Olpak said during the Business Council meeting in Iranian capital Tehran.Petrochemical PET Resin Polyester

Olpak said his organisation is working to have friendly relations between Turkey and Iran to affect the two countries’ trade cooperation more positively.

Petrochemical PET Resin Polyester

-Isko goes fully responsible with new R-Two programme

Isko denim mill has recently welcomed to its family of innovations its most revolutionarily responsible concept R-Two. Petrochemical PET Resin Polyester

It was essential for development of SS21 fabrics collection featuring an across-the-board employment of the ‘reused and recycled’ programme throughout Isko’s denim offer, confirming once again its commitment to environmental and social responsibility.

In keeping with Isko’s Responsible Innovation approach, this concept deals with the most critical matter that apparel supply chains are currently faced with using more than what is actually needed.

Petrochemical PET Resin Polyester

-CCA SET TO BUILD PLASTIC RECYCLING PLANT

Coca Cola Amatil has signed a heads of agreement with waste processor Veolia to explore opportunities to build a recycled plastics processing plant in Australia.

The plant would reprocess PET bottles, which is already being reused as a raw material to make products such as carpet tiles.

CCA has already moved to manufacture smaller bottles used to bottle Coca Cola from recycled materials. Petrochemical PET Resin Polyester

Coca-Cola Amatil’s Group Managing Director Ms Alison Watkins said Amatil and Veolia had established a joint project team to consider a potential plant’s economic feasibility, size, scale and location.

-CCA SET TO BUILD PLASTIC RECYCLING PLANT

-Top-flight programme for contract sector at Heimtextil

At Heimtextil 2020 next January, interior designers, architects and experts from the hotel trade will be able to draw upon an even greater, more extensive range of offerings for their projects. Petrochemical PET Resin Polyester

Every year, over 3,000 exhibitors showcase their products and materials for the textile furnishings market at Heimtextil in Frankfurt. It is the world’s largest trade fair for home and contract textiles. Some 370 of those exhibitors specifically target with their products for the contract sector, interior designers, architects and experts from the hospitality sector, who will find precisely the kind of solutions they are looking for in the cornucopia of textiles at Heimtextil.

Petrochemical PET Resin Polyester

-Coveris targets growth in BOPP beverage labels

Coveris is targeting growth in the BOPP (Biaxially-Oriented Polypropylene) label beverage market supported by continued investment at its manufacturing facility in Louth, Lincolnshire. Petrochemical PET Resin Polyester

Following significant investment over the last 18 months, Coveris has established a state-of-the-art BOPP label manufacturing facility at its Louth site with a dedicated finishing hall and installation of specialist high-speed slitting equipment.

-Coveris targets growth in BOPP beverage labels

-Tetra Pak claims food and drink first with traceable plant-based pack

Tetra Pak, together with its supplier Braskem, has become the first company in the food and beverage industry to responsibly source plant-based polymers using the Bonsucro standards for sustainable sugar cane. Petrochemical PET Resin Polyester

The company said the move is yet another reinforcement of its commitment to drive ethical and responsible business practices across global supply chains, while lowering the carbon footprint of its packaging.

Tetra Pak claims food and drink first with traceable plant-based pack

-A Circular, Bio-Based Plastic Economy

Royal DSM is a global science-based company specializing in nutrition, health, and materials. Within its corporate strategy, the company defines long-term sustainability aspirations, which include targets to improve the eco-efficiency of its operations.

Now, the Dutch enterprise has announced that by 2030, it will offer a fully alternative range of its existing engineered plastics portfolio based on bio and recycled materials in order to meet the growing consumer and legislative demand for sustainable living practices with circular products. Petrochemical PET Resin Polyester

-A Circular, Bio-Based Plastic Economy

Petrochemical PET Resin Polyester

Petrochemical PET Resin Textiles News 19-11-2019

Petrochemical PET Resin Textiles News 19-11-2019

Petrochemical PET Resin Textiles

-Monoethylene glycolMEGAsia US$/mt

-Monoethylene glycol -MEG- Asia US$/mt

Crude Oil Prices Trend

Crude Oil Prices Trend

-Klöckner Pentaplast launches recyclable food-to-go packaging range

German packaging major Klöckner Pentaplast has launched a new sustainable range of expanded polypropylene packaging for the food service and foodservice sector.

Unveiled earlier this month, KP claims its Infinity line is  fully recyclable, keeps food hotter for longer, is  microwaveable, lightweight, durable, water resistant and resistant to acids, alkalis and hot oils.

Petrochemical PET Resin Textiles

-The magical mushrooms: A solution to your plastic waste problem

Researchers have been working on mushrooms big time, and believe the fungi could be mankind’s solution to non-decomposable plastic waste  Petrochemical PET Resin Textiles

Mushrooms can prove to be your natural earth cleaner and be a solution to the world’s plastic waste problem by making an alternative to the material that takes centuries to decompose.

New York-based biotech startup Ecovative has been exploring mycelium — the root-like structure of a mushroom – to tackle the plastic waste problem as the fungi provide a natural alternative to packaging materials made of Styrofoam.

Petrochemical PET Resin Textiles

-The plastics industry is changing – because it has to

That’s the general consensus among some of Europe’s leading plastic industry commentators – the very people working to re-shape the industry.

While plastic, in its myriad forms is ingrained in every aspect of our life, ‘plastiphobia’ has entered the vernacular as a condition, and the regulators are cracking down hard on an industry that already faces a number of complex challenges.Petrochemical PET Resin Textiles

But plastipobia shouldn’t be a thing. Plastic should not be demonised, rather treated like the crux of modern living that it actually is. The problem is not with plastic per se, rather recycling of plastic and its inappropriate usage.

Petrochemical PET Resin Textiles

-Malaysian circular economy roadmap for plastics to be launched by 2020

Malaysia is set to publish a circular economy roadmap for plastics.

The roadmap will be introduced “by 2020”, as part of the 2018-2030 roadmap towards zero single-use plastics, according to reports by The Malaysian Reserve.

The roadmap aims to provide a direction for policy and stakeholders – including state governments. Petrochemical PET Resin Textiles

The International Trade and Industry Deputy Minister Dr Ong Kian Ming said Malaysia is now preparing to “take the next step towards sustainability”.

Malaysian circular economy roadmap for plastics to be launched by 2020

-PET bottle for beer

Amcor has adapted its technology to develop the first PET bottles for pasteurized beer in Brazil.

Amcor designed custom 600-mL containers for beverage maker New Age Bebidas of Leme, São Paulo, that feature the beauty of a glass-like, champagne-style base combined with the convenience of lightweight and shatter-resistant PET. Petrochemical PET Resin Textiles

PET bottle for beer

-Amcor boldly leads industry conversation with ‘Choose Plastic’ initiative

As a global leader in developing and producing responsible packaging for food and beverage, pharmaceutical, medical, home and personal care, and other products, Amcor is boldly stepping up to the plate to promote plastics as the material of choice.

With a goal of educating consumers, customers and other stakeholders on the benefits of plastic packaging, Amcor (Ann Arbor, MI) recently launched a “Choose Plastic” marketing campaign.Petrochemical PET Resin Textiles

Petrochemical PET Resin Textiles

-Polyamide 66 presses claim in brake pedal application

Solvay Performance Polyamides’ new and advanced Technyl Max polyamide 66 (PA 66) technology was chosen by Carbody, an expert in safety and sealing solutions for the automotive industry, to develop its all-plastic brake pedal.

Designated ‘Skeleton’, the revolutionary pedal concept made in Technyl Max replaces conventional steel design with a lightweight hybrid structure.

Carbody brake pedal made with Technyl MAX; high-rigidity material for semi-structural light- weighting. .Petrochemical PET Resin Textiles

“Automotive OEMs and Tiers are increasingly looking for high rigidity materials to substitute a range of metal components for the lightweighting of new energy vehicles,” comments Gérald Durski, Marketing Director for Solvay’s Performance Polyamides.

Polyamide 66 presses claim in brake pedal application

-SCG Showcases Plastic Innovation for Sustainability at K2019 in Germany’s Dusseldorf

Chemicals Business, SCG, has accelerated its research and development to develop products fit for the Circular Economy principles, and unveiled special-grade plastic that can maximize the proportion of recyclable plastics while maintaining its excellent functional properties and minimizing plastic and resource usage. Petrochemical PET Resin Textiles

The approach aims to respond to the global market demand for greater sustainability and enhance a competitive edge for brands and customers.

Recently, it has showcased a series of plastic innovations for sustainability at K2019, the world’s no.1 trade fair for plastics and rubber in Germany.

SCG Showcases Plastic Innovation for Sustainability at K2019 in Germany’s Dusseldorf

-JEC World affirms global leadership in composites innovation

EC World is the leading global trade show dedicated to composite materials. Next year’s show, which takes place from 3-5 March 2020, at the Paris Nord Villepinte Exhibition Centre, in Paris, will be the industry’s most significant annual event, hosting all the major players in a spirit of innovation, business and networking.

“With 1,400 expected exhibitors and more than 45,000 expected professional visits from 112 countries, JEC World has become a global festival, and the undisputed reference for the composites industry. Petrochemical PET Resin Textiles

JEC World 2020 looks set to be even bigger. It is already 95% booked – a strong demonstration of the industry’s commitment,” organisers report.

JEC World affirms global leadership in composites innovation

-Eastman collaborates with NB Coatings to offer sustainable automotive plastic

Trēva™ engineering bioplastic innovates for circular economy via proprietary recycling technology

Global specialty plastics provider Eastman announces its collaboration with NB Coatings, a leader in paint on plastics for both domestic and transplant original equipment manufacturers (OEMs), to create a new solution for interior Class A painted surfaces with Trēva™ engineering bioplastic. Petrochemical PET Resin Textiles

Trēva offers a viable option for companies interested in creating sustainable, cost-effective products.

With the recent commercialization of its carbon renewal technology, Eastman produces Trēva with biobased and recycled content. When painted with NB Coatings paint systems, Trēva can meet the demanding Class A surface requirements as specified by OEMs.

-Eastman collaborates with NB Coatings to offer sustainable automotive plastic

Petrochemical PET Resin Textiles

Petrochemical PET Resin Preforms News 18-11-2019

Petrochemical PET Resin Preforms News 18-11-2019

Petrochemical PET Resin Preforms

Petrochemical Polymers Nylon Plastic Prices

Petrochemical PET Resin Preforms

Crude Oil Prices Trend

Crude Oil Prices Trend

-Next year to be ‘decisive’ for Colombia oil, industry says

Next year will be decisive for Colombia’s oil and gas industry, as efforts to increase exploration and production move ahead in the midst of problems with community relations and security, industry experts said. Petrochemical PET Resin Preforms

The Andean country’s government is currently holding its second oil auction of 2019, the cornerstone of its push to attract new oil investment.

Petrochemical PET Resin Preforms

-Developing polyester recycling technology

Poseidon Plastics Signs Agreement with DuPont Teijin Films to assist and develop Poseidon’s polyester recycling technology  Petrochemical PET Resin Preforms

Poseidon Plastics Ltd., a waste polyester recycling company and co-developers of a unique monomer recycling technology that converts polyester waste to recycled raw material (BHET) to produce virgin PET, is pleased to announce it has signed an MOU agreement with DuPont Teijin Films to assist and develop Poseidon’s Polyester Recycling Technology with a view to constructing an initial 10,000 tonnes per year facility.

Petrochemical PET Resin Preforms

-Plastic products are one of Malaysia’s most vibrant industries

The plastic products industry is one of the most vibrant industries in Malaysia’s manufacturing sector, Deputy International Trade and Industry Minister Dr Ong Kian Ming said Friday.Petrochemical PET Resin Preforms

Citing the Department of Statistics Malaysia, he said the trade value of manufactured plastics grew by 3.4 per cent year-on-year (y-o-y) to RM19.76 billion in the first nine months of 2019.

From January to September 2019, exports of manufactured plastics also rose 3.6 per cent y-o-y to RM11.11 billion, he said.

Plastic products are one of Malaysia's most vibrant industries

-Danish firm launching ‘Livelong solution’ in Bangladesh

New enzyme helps textile producers produce durable garments

Novozymes, a Danish company, is launching the ‘Livelong solution’ for the first time in Bangladesh, a market that is known for being one of the leading garment manufactures in the world. Petrochemical PET Resin Preforms

The textile industry is one of the most polluting in the world and is under pressure to address critical environmental issues.

Novozymes’ new enzyme technology that gives the livelong effect is expected to help fill the gap and make the textile industry more sustainable, said a media release of the Danish Embassy in Dhaka on Sunday.

Danish firm launching ‘Livelong solution’ in Bangladesh

-Aquafil S.p.A. Just Beat EPS By 6.5%: Here’s What Analysts Think Will Happen Next

It’s been a sad week for Aquafil S.p.A. who’ve watched their investment drop 14% to €5.98 in the week since the company reported its half-year result.

Aquafil reported €287m in revenue, roughly in line with analyst forecasts, although earnings per share (EPS) of €0.59 beat expectations, being 6.5% higher than what analysts expected.

Earnings are an important time for investors, as they can track a company’s performance, look at what top analysts are forecasting for next year, and see if there’s been a change in sentiment towards the company.Petrochemical PET Resin Preforms

We thought readers would find it interesting to see analysts’ latest post-earnings forecasts for next year.

Aquafil S.p.A. Just Beat EPS By 6.5%: Here’s What Analysts Think Will Happen Next

-Bulk defective vanadium oxide catalysts remove NOx at lower temperatures

Scientists from Tokyo Metropolitan University have developed a low-temperature catalyst for removing NOx gas from industrial exhaust using ammonia. Composed of bulk “defective” vanadium oxide instead of vanadium oxides supported on titanium oxide as in commercial catalysts, the catalyst works at lower temperatures (< 150 ˚C) with much higher efficiency.Petrochemical PET Resin Preforms

In a paper in ACS Catalysis, the team reports a clear improvement in performance, and identifies the reaction mechanisms responsible for the difference.

Petrochemical PET Resin Preforms

-NDSU researchers test new bioplastics for bottles, car parts

In a noisy industrial lab at North Dakota State University, graduate students make dog bones with an injection molding machine — but there are no dogs in sight. The students are researchers, and they use the bone-shaped plastic pieces to test the strength of new bioplastics — plastics made out of plant material, like wheat germ, corn, soybeans and plant-based polymers.Petrochemical PET Resin Preforms

This research effort — formally, the Center for Bioplastics and Biocomposites — is based at NDSU but happening in conjunction with three other universities: Iowa State, the University of Georgia and the University of Washington.

Petrochemical PET Resin Preforms

-Collectively Exhaustive Study On Bio-Based Adipic Acid Market 2020

New York City, NY: November 16, 2019 – Published via (Wired Release) – The industry analysis report identifying hidden opportunities of Bio-Based Adipic Acid Market, which will help to expand operations in the existing markets.

The prime goal of the market study is to give a detailed assessment of the Bio-Based Adipic Acid business based on type, sector as well as geography.

It also offers geological study into several regions with market growth, production, consumption, and revenue.

An in-depth study examining the potential of the market and also offers data and estimates on the market structure, dynamics, and trends.

The research report looks into growth strategies employed by key players, and how these strategies are poised to change the competitive dynamics in the bio-based adipic acid market over the forecast period.Petrochemical PET Resin Preforms

Petrochemical PET Resin Preforms

-Asia’s naphtha up to one week high

Asia’s naphtha crack edged up to hover around one week high of $74.03 a tonne as demand returned following a temporary lull from South Korea, Asia’s top importing country. Petrochemical PET Resin Preforms

GS Caltex bought heavy full-range naphtha for second-half December delivery at premiums in the low $20s a tonne level to Japan quotes on a cost-and-freight (C&F) basis.

This was lower compared to $29 a tonne premium it had paid on Oct. 22, Reuters data showed.

-Asia’s naphtha up to one week high

-Renault develops fabric made from 100% recycled materials for its new EV

As part of the “Àfiler” project, launched in 2015, the New Renault Zoé is now dressed up with a patented textile made exclusively from recycled materials and made in France in a short loop.Petrochemical PET Resin Preforms

This innovation would reduce the associated CO2 emissions by more than 60%, compared to the process used for the fabric of the previous Zoe.

The project was launched in collaboration with Filatures du Parc, a spinning mill in the Tarn region of France, and Adient Fabrics, an automotive seat supplier in Ariège, France.

Petrochemical PET Resin Preforms

-DSM says hello to good bio for Stanyl, Arnitel resins

Royal DSM rolled out bio-based grades of its Stanyl and Arnitel resins at K 2019.

At an Oct. 17 press event at K 2019 in Düsseldorf, officials with DSM — based in Geleen, Netherlands — said that the firm also has set a goal of offering bio-based or recycled-based grades of all of its materials by 2030.Petrochemical PET Resin Preforms

“There’s growing momentum around the circular economy,” Engineering Plastics President Shruti Singhal said at the event.

Engineering Plastics President Shruti Singhal of Royal DSM

-MagnaColors releases new dye migration blocker

The new MagnaPrint Migration Blocker Black from MagnaColours – a dye migration blocker, specifically designed for use with problematic fabrics, is now available.

It stops colours bleeding on polyester and blended fabrics.

The blocker eliminates the lifting of garments during printing (sweating) and reduces pin-holing and puckering of problematic fabrics. Petrochemical PET Resin Preforms

With a smooth finish and excellent matting properties, MagnaPrint Migration Blocker provides a perfect surface for overprinting – ideal to use with more fibrous fabrics.

-MagnaColors releases new dye migration blocker

-72% of PTA capacity growth to be located in Asia

GlobalData has reported that Asia is set to contribute around 72% of the global purified terephthalic acid (PTA) capacity growth from planned and announced projects between 2019 and 2023.Petrochemical PET Resin Preforms

The company’s report, ‘Global Purified Terephthalic Acid (PTA) Industry Outlook to 2023 – Capacity and Capital Expenditure Forecasts with Details of All Active and Planned Plants’, reveals that Asia is expected to have a new-build and expansion PTA capacity of 16.8 million tpy from 11 planned and announced projects. Of these, six are planned projects and the remaining are announced projects.

72% of PTA capacity growth to be located in Asia

-Autefa’s nonwoven solutions at Techtextil India 2019

During Techtextil India, which will take place from 20-22 November in Mumbai, visitors will experience future-proof solutions for improving quality and productivity while visiting Autefa Solutions.

The company will present its portfolio as a preferred full- line supplier for carded- crosslapped needlepunch lines, aerodynamic web forming technology, spunlace, and thermobonding lines for producing nonwovens to cater to wide range of applications, such as filtration, geotextiles, automotive, carpets, technical felts, waddings, insultations, wipes, hygiene etc.

In the premium nonwovens segment Autefa Solutions has a comprehensive product range in both forming and bonding systems.

Autefa’s nonwoven solutions at Techtextil India 2019

Petrochemical PET Resin Preforms

Petrochemical PET Preforms PTA News 16-11-2019

Petrochemical Polymers Nylon Plastic Prices

Petrochemical Polymers Nylon Plastic

Petrochemical Polymers Nylon Plastic

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM11/11/201918/11/2019+/-
Bottle grade PET chips domestic market6,400 yuan/ton6,350 yuan/ton-50
Bottle grade PET chips export market830 $/ton825 $/ton-5
Filament grade Semidull chips domestic market

Petrochemical Polymers Nylon Plastic

5,950 yuan/ton5,900 yuan/ton-50
Filament grade Bright chips domestic market6,075 yuan/ton5,950 yuan/ton-125
Pure Terephthalic Acid PTA domestic market4,700 yuan/ton4,755 yuan/ton+55
Pure Terephthalic Acid PTA export market
610 $/ton 605 $/ton-5
Monoethyleneglycol MEG domestic market4,515 yuan/ton4,650 yuan/ton+135
Monoethyleneglycol MEG export market535 $/ton550 $/ton+15
Paraxylene PX FOB  Taiwan market786 $/ton787 $/ton+1
Paraxylene PX FOB  Korea market766 $/ton767 $/ton+1
Paraxylene PX FOB EU market

Petrochemical Polymers Nylon Plastic

705 $/ton708 $/ton+3
Polyester filament POY 150D/48F domestic market6,810 yuan/ton6,925 yuan/ton
+115
Recycled Polyester filament POY  domestic market6,750 yuan/ton6,700 yuan/ton-50
Polyester filament DTY 150D/48 F domestic market8,670 yuan/ton8,550 yuan/ton-120
Polyester filament FDY 68D24F domestic market 7,650 yuan/ton7,550 yuan/ton-100
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Nylon Plastic
7,070 yuan/ton7,050 yuan/ton-20
Polyester staple fiber 1.4D 38mm domestic market6,800 yuan/ton6,750 yuan/ton-50
Caprolactam CPL domestic market11,150 yuan/ton10,650 yuan/ton
-500
Caprolactam CPL overseas  market1,300 $/ton1,270 $/ton-30
Nylon6 chips overseas  market1,630 $/ton1,580 $/ton-50
Nylon6 chips conventional spinning domestic  market12,300 yuan/ton11,750 yuan/ton-550
Nylon6 chips  high speed spinning domestic  market12,450 yuan/ton12,000 yuan/ton-450
Nylon 6.6 chips domestic  market22,600 yuan/ton22,500 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Nylon Plastic

14,750 yuan/ton14,300 yuan/ton-450
Nylon6 Filament DTY 70D/24F domestic  market17,400 yuan/ton17,050 yuan/ton-350
Nylon6 Filament FDY  70D/24F  domestic  market15,650 yuan/ton15,400 yuan/ton-250
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market7,900 yuan/ton7,800 yuan/ton-100
Benzene domestic market5,300 yuan/ton5,350 yuan/ton+50
Benzene overseas  market629 $/ton646 $/ton +17
Ethylene South East market800 $/ton810 $/ton+10
Ethylene NWE  market831 $/ton817 $/ton-14
Acrylonitrile ACN  domestic market10,600 yuan/ton10,500 yuan/ton-100
Acrylonitrile ACN  overseas market1,500 $/ton1,500 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,500 yuan/ton10,300 yuan/ton-200
PP Powder domestic market8,000 yuan/ton7,850 yuan/ton-150
Naphtha overseas market 

Petrochemical Polymers Nylon Plastic

520 $/ton537 $/ton
+17
Phenol domestic market 7,550 yuan/ton7,300 yuan/ton-250
PS Taiwan 5250 GPPS1,078 $/ton 1,072 $/ton-6
PS Taiwan 8250 HIPS1,195 $/ton 1,189 $/ton-6
LDPE CFR Far East 882 $/ton882 $/ton
LLDPE CFR Far East822 $/ton812 $/ton-10
LDPE   FOB Middle East870 $/ton870 $/ton
LLDPE FOB Middle East810 $/ton800 $/ton-10
HDPE CFR Far East820 $/ton820 $/ton
LDPE FD Northwest Europe 933 €/ton933 €/ton
LLDPE FD Northwest Europe 923 €/ton918 €/ton-5
Homopolymer PP CFR Far East960 $/ton955 $/ton-5
Homopolymer PP FD NWE1,001 €/ton981 €/ton-20

Petrochemical Polymers Nylon Plastic

Petrochemical PET Preforms PTA News 16-11-2019

Petrochemical PET Preforms PTA

-Asia polyester demand stays weak; producers saddled with high stocks

Polyester demand in Asia is expected to continue slowing down as most downstream converters have wrapped up year-end orders and have low incentive to restock cargoes at this time.

The US-China trade war and global economic slowdown will also dampen buying to an extent, market sources said.

Spot partially oriented yarn (POY) 150 denier (D) prices in the week ended 12 November were assessed at $0.90-0.92/kg FOB (free on board) NE (northeast) Asia, down by $0.01/kg at the high end of the previous week’s price range.

Petrochemical PET Preforms PTA

-Indian PE growth on hold: Gail

India’s polyethylene (PE) demand is expected to remain at around 8pc until 2021, before being spurred on by economic and infrastructural growth, according to state-controlled gas distributor and petrochemical producer Gail.Petrochemical PET Preforms PTA

Petrochemical PET Preforms PTA

-Nylon Yarn Market to enjoy ‘explosive growth’ to 2025

AMA recently published a detailed study of over 180+ pages in its repository on ‘Nylon Yarn’ market  covering interesting aspects of market with supporting development scenario till 2025. Petrochemical PET Preforms PTA

The study provides market size break-up by revenue and volume* for  emerging countries and important business segments along with commentary on trending factors, growth drivers.

Profiled players in study from the coverage used under bottom-up approach are Kolon Industries, Inc. (South Korea),JCT Limited (India),Zimmer AG (United States),SRF (India),Suntex Fiber Co. (Taiwan),Acelon Chemicals & Fiber Corp (Taiwan),Century Enka (India),Toray Industries (Japan),W. Barnet GmbH & Co. (Germany),SHM Trader (United States)

Petrochemical PET Preforms PTA

-Aquafil, the accounts for the first nine months of 2019 ( Italian Language Only)
Aquafil – a company listed in the STAR segment and active in the production of nylon – announced the results for the first nine months of 2019, a period closed with revenues of 419.54 million euros, down 2.6% compared to 430.93 million obtained in the three quarters of last year; with the same perimeter, therefore not considering the acquisition of the company O’Mara Incorporated (which took place on May 31, 2019) the reduction in revenues would have been 5.1%. Petrochemical PET Preforms PTA

EBITDA was also down, falling from € 61.56 million to € 54.91 million (-10.8%); consequently, margins decreased from 14.3% to 13.1%.

Aquafil closed the period January-September with a net profit of 9.53 million euros, down sharply compared to the 24.36 million booked in the first nine months of 2018, as a result of the increase in amortization and financial charges; adjusted net profit was € 16.2 million.

Aquafil, the accounts for the first nine months of 2019

-Europe PET, PTA markets wary of outlook but some buyers still prepared to pre-buy

Pre-buying activity has propped up polyethylene terephthalate (PET) and purified terephthalic acid (PTA) demand in Europe, as buyers are attracted to current prices, but the markets remain cautious given the pessimistic outlook for the economy.

“We are seeing November with an improved [PTA] demand compared with previous months. Some pre-buying activity on PET might be one of the reasons of this increased activity,” a seller said. Petrochemical PET Preforms PTA

Europe PET, PTA markets wary of outlook but some buyers still prepared to pre-buy

 

 

Coca-Cola Amatil and waste management company Veolia Australia are partnering to explore building a substantial plastic processing plant in Australia, as the beverage giant makes a big move towards recycled plastic.

The plant would accept crushed plastic bottles from around the country, saving them from having to be shipped overseas for recycling. Petrochemical PET Preforms PTA

Veolia Australia director of strategic projects Heather Bone said the companies were exploring possible locations in regional locations in all three of Australia’s eastern states.

Plan for Aussie plastic recycling plant

-Optimism, opportunity in plastics for ExxonMobil

Officials with ExxonMobil Chemical are seeing rays of hope in a challenging time for the plastics industry.

“As I walk around the show, I’ve been really encouraged by the optimism of the industry,” David Hergenrether, polyethylene vice president, said Oct. 21 at K 2019 in Düsseldorf. “People are starting to see the plastic waste challenge as an opportunity rather than a threat. Petrochemical PET Preforms PTA

Optimism, opportunity in plastics for ExxonMobil

Petrochemical PET Preforms PTA

Petrochemical PET Preforms PX News 15-11-2019

 

Petrochemical PET Preforms PX News 15-11-2019

Petrochemical PET Preforms PX

BENZENE $ Asia FOB

Petrochemical PET Preforms PX

Crude Oil Prices Trend

Crude Oil Prices Trend

-Avantium on growth trail with Japan branch office

Dutch bio-technology company Avantium Renewable Polymers has established a branch office in Japan as part of a strategy to target high-value applications for PEF (polyethylene furanoate) — a plant-based alternative to PET.

This branch office will operate under the name Avantium Japan K.K, the company said on Nov. 13 without specifying the location of the unit.

Petrochemical PET Preforms PX

-LatAm needs more competitive feedstocks as EU-Mercosur trade deal approaches

“The effort from Mercosur in opening up the economy and lowering or eliminating import duties in a period of falling prices is a threat to established industries in South America,” said Antonio Lacerda, senior vice president of chemicals and performance products for BASF in South America, in an interview with ICIS. Petrochemical PET Preforms PX 

“This will be a major topic in 2020 – on how to balance this while respecting that economies have to be open,” he added.

Petrochemical PET Preforms PX

-MORE uptake of recycled polymers in the UK

An online tool for monitoring the uptake of recycled polymers into products is now available for use by converters in the UK.Petrochemical PET Preforms PX 

MOnitoring Recyclates for Europe (MORE) is designed to monitor and register the industry’s efforts to reach the EU target of 10 million tonnes of recycled polymers being used annually between 2025 and 2030.

Petrochemical PET Preforms PX

-Asia’s plastics in limbo amid stalled progress in US-China trade war

Asia’s petrochemical markets remain weak amid stalled progress in the US-China trade feud, as sentiment has devolved into bearishness particularly at the end of the year when buyers are also keen to keep lean stocks.Petrochemical PET Preforms PX 

Buying momentum for import acrylonitrile-butadiene-styrene (ABS) cargoes remains tepid amid the traditionally slower fourth quarter of the year.

Some sellers concede that demand would likely show limited improvement in the near term as production for the year has largely been completed.

Petrochemical PET Preforms PX

-Current chems recycling not enough to make significant dent in oil demand – IEA

Chemicals recycling technologies that would pave the way for petrochemicals to avoid crude oil as feedstock are still not sufficient to drag down overall demand in coming decades, according to the International Energy Agency’s petrochemicals analyst.

Kim Tae-Yoon said that “there is a chance” of innovations in chemicals recycling to catch up in coming years. Petrochemical PET Preforms PX 

But the world’s overall thirst for petrochemicals derivatives like plastics will mean that crude oil remains the fundamental feedstock.

Petrochemical PET Preforms PX

-Coveris targets growth in BOPP beverage labels

Coveris is targeting growth in the BOPP (Biaxially-Oriented Polypropylene) label beverage market supported by continued investment at its manufacturing facility in its Louth, Lincolnshire facility.Petrochemical PET Preforms PX 

Following significant investment over the last 18 months, Coveris has established a state-of-the-art BOPP label manufacturing facility at its Louth site with a dedicated finishing hall and installation of specialist high-speed slitting equipment.

Coveris targets growth in BOPP beverage labels

-First asphalt road with recycled plastic inaugurated in Guanajuato, Mexico

The first global road partially made with recycled plastic was inaugurated in the Mexican state of Guanajuato by a group of companies with the support of the Ministry of Communications and Transportation (SCT).

“The road connects the towns of Irapuato and Cuerámaro, and consists of 4 kilometers in which more than 1.7 tons of post-consumer plastic was used, equivalent to 425,000 flexible plastic packages”, the company Dow said.Petrochemical PET Preforms PX 

This firm was responsible for the production of the modified asphalt along with its allies ViseSurfaxLasfalto and Omnigreen.

First asphalt road with recycled plastic inaugurated in Guanajuato, Mexico

-This plastic-like packaging is made from fish skin and algae

Unlike some “compostable” plastics, which need to be processed in an industrial composting facility to break down, the new material can break down in a backyard compost bin.Petrochemical PET Preforms PX 

This plastic-like packaging is made from fish skin and algae

This new packaging prototype looks like conventional plastic, but it’s actually made from fish waste and algae—and unlike plastic, if it escapes into the ocean, a fish could likely eat it safely. The material, called MarinaTex, is the winner of this year’s James Dyson Award.

This plastic-like packaging is made from fish skin and algae

-adidas to close German and US robot factories

Leading sportswear brand adidas plans to close high-tech robot factories in Germany and the US it launched to bring production closer to customers, saying that deploying some of the technology in Asia would be “more economic and flexible”.

The adidas factories were part of a drive to meet demand for faster delivery of new styles to its major markets and to counter rising wages in Asia and higher shipping costs. It originally planned a global network of similar factories.Petrochemical PET Preforms PX 

adidas to close German and US robot factories Leading sportswear brand adidas plans to close high-tech

Petrochemical PET Preforms PX

Petrochemical PET Preforms PTA News 14-11-2019

Petrochemical PET Preforms PTA News 14-11-2019

Petrochemical PET Preforms PTA

Nylon6 chips overseas  market

Nylon6 chips overseas  market

Crude Oil Prices Trend

Crude Oil Prices Trend

-DyStar exhibits new developments at Performance Days

DyStar is a leading specialty chemical company. © DyStar DyStar, a leading specialty chemical company with a heritage of more than a century in product development and innovation, is inviting visitors to meet the company at this week’s Performance Days trade fair, which takes place in Munich from 13-14 November.Petrochemical PET Preforms PTA

“This is our second time at the event, and we are elated to have five of our new developments chosen by the Jury of Performance Forum to be displayed on the Wall Special. Learn and find out how DyStar’s products can help you shape a more sustainable manufacturing journey with us,” commented Bernhard Knoche, Global Head of Brand & Retailer Management.

Petrochemical PET Preforms PTA

-BP announces technology to enable circularity for unrecyclable PET bottles

BP has announced the launch of enhanced recycling technology that enables currently unrecyclable PET plastic to be transformed.Petrochemical PET Preforms PTA

The petroleum giant said BP Infinia enables currently unrecyclable polyethylene terephthalate (PET) plastic waste to be diverted from landfill or incineration and transformed back into new, virgin-quality feedstocks.

BP Infinia technology is designed to turn difficult-to-recycle PET plastic waste – such as black food trays and coloured bottles – into recycled feedstocks that are interchangeable with those made from traditional hydrocarbon sources.

Petrochemical PET Preforms PTA

-Project STOP receives renowned ADIPEC Award

Borealis, Borouge and NOVA Chemicals, strategic partners that support Project STOP, are proud to announce that the initiative has received the Social Contribution and Local Content Project of the Year Award at the ADIPEC Awards 2019.Petrochemical PET Preforms PTA

These awards recognise outstanding contributions to the future of the oil and gas industry. The award was received at a ceremony in Abu Dhabi on 11 November 2019.

Petrochemical PET Preforms PTA

-Sympatex recycled share reaches 80 per cent

Functional textile developer Sympatex has expanded its share of unmixed, recycled polyester laminates in its apparel line to 80 per cent as it looks to develop a range of products that can be upcycled, and as part of its strategy to offer completely non-toxic, recycled and recyclable functional textiles by the end of 2020.Petrochemical PET Preforms PTA

The news comes on the eve of the 2019 Performance Days event in Munich where the company will also reveal details of its on-going collaboration with the Wear2Wear consortium. A European initiative, which aims to bring used polyester fibres back into the textile loop, thus preserving their value.

Sympatex recycled share reaches 80 per cent

-RECIPAM project to improve recycling of multilayer food packaging

The RECIPAM project, funded by the Valencian Innovation Agency (AVI), is developing new recycling methods for multilayer food packaging to improve the quality of the resulting materials so they can be incorporated into high value-added applications.

The project partners hope the development of a cost-effective process and high-quality materials will lead to the creation of a recycling chain for this kind of packaging through the involvement and collaboration of the entire value chain.

RECIPAM project to improve recycling of multilayer food packaging

-Avantium joins Paper Bottle Project

The Paper Bottle Company (Paboco®) – a joint venture between paper packaging material developer BillerudKorsnäs and bottle manufacturing specialist ALPLA -has announced that Avantium joins the Paper Bottle Project.

Avantium will be one of the technology providers for the fully plant-based and recyclable Paper Bottle. A thin layer of Avantium’s PEF (polyethylene furanoate) will provide the Paper Bottle with the high barrier properties (the ability to withstand gas permeability through the bottle) needed for beverages such as beer and carbonated soft drinks.

-Berry Global joins SABIC in the production and use of circular polymers from chemical recycling

Berry Global Group has announced a collaboration with SABIC to drive the innovation and use of polyolefin resins made from chemical recycling.

The companies boast a long partnership and focus on their shared values of sustainability and promotion of a circular economy.Petrochemical PET Preforms PTA

Berry Global joins SABIC in the production and use of circular polymers from chemical recycling

-Recycled HDPE prices continue to escalate

Market graph iconThe price of recovered natural HDPE has climbed again, in some areas breaking recent records. The price of OCC dropped further, however.

The current national average price of post-consumer natural high-density polyethylene (HDPE) from curbside collection programs is 51.75 cents per pound, compared with 46.38 cents this time last month.Petrochemical PET Preforms PTA

In some areas, it is trading as high as 57.00 cents per pound, a decade high.

The last similar high was in September 2014, when it reached a national average of 52.69 cents per pound.

Recycled HDPE prices continue to escalate

-Spot PE prices slide as suppliers compete for orders

Prices for both polyethylene (PE) and polypropylene (PP)  weakened across the board last week, reports the PlasticsExchange (Chicago) in its Market Update.

PE grades dropped $0.005 to 0.015/lb, although some materials such as low-density (LD) PE for film and high-density (HD) PE for dairy remained a tad snug. Spot PP prices dropped a deuce on weaker feedstock costs.Petrochemical PET Preforms PTA

There were some phenomenal resin deals presented to us, writes the PlasticsExchange, which it scooped up, because they were “just too compelling to pass up.”

Spot PE prices slide as suppliers compete for orders

-New upgrade transforms ACW into WINGS

Oerlikon Barmag ACW WINGS. © Oerlikon Upgrades and retrofits have been made available for Oerlikon Barmag ACW-series winders, with which the benefits of the WINGS concept become tangibly close for operators of POY spinning systems equipped with ACW technology. Worldwide, thousands of winders could take advantage of this system upgrade, the manufacturer reports. Petrochemical PET Preforms PTA

“In addition to savings in terms of energy, waste and HR, the benefits of the WINGS concept above all include the consistently high yarn quality, making WINGS yarn a winner in further processing.

New upgrade transforms ACW into WINGS

Petrochemical PET Preforms PTA

Petrochemical PET Preforms MEG News 13-11-2019

Petrochemical PET Preforms MEG News 13-11-2019

Petrochemical PET Preforms MEG

Naphtha overseas market 

Naphtha overseas market 

Bottle grade PET chips export market

Bottle grade PET chips export market

Crude Oil Prices Trend

Crude Oil Prices Trend

-Fil Doux Textiles Introduces Otratex, Completely Degradable Textile

Dubbed “The Conscious Choice” by Fil Doux Textiles, the company is introducing Otratex™, a collection of degradable vinyl alternatives and the first completely degradable vinyl alternative in the industry.

With a focus on sustainability and craftsmanship from start to finish, Fil Doux Textiles controls the entire production process from their mills in Chile and Brazil, which are powered by wind and solar energy. Otratex is a natural extension for the company, whose textiles all embody the eco-friendly vision of the brand.

Petrochemical PET Preforms MEG

-Is OPEC stuck in a cycle of endless cuts?

This view of the future says a lot about the cartel’s policies in facing the ever-growing US shale which is casting a dismal shadow over the future role which OPEC members are going to be playing in the global oil market.Petrochemical PET Preforms MEG

According to the latest WOO report, OPEC expects its production of crude oil and other liquids to decline to 32.8 million barrels per day (bpd) by 2024 from its current 35 million bpd. This means that the cartel plans to go further with its plans for cutting production even after the current pact is over in 2020.

Petrochemical PET Preforms MEG

-Cutting edge solutions on show at Packaging Innovations 2020

The latest packaging solutions and technologies will take centre stage at Packaging Innovations 2020 when it returns to Birmingham’s NEC on 26 & 27 February. The two-day event will welcome more than 300 industry-leading suppliers to its show floor, with many of them launching their latest developments live at the show.Petrochemical PET Preforms MEG

With more retailers than ever before searching for the best eco-friendly packaging options in response to growing consumer concern, including Tesco which recently pledged to remove a billion pieces of plastic from its stores by the end of 2020, sustainability is high on the agenda for exhibitors.

Petrochemical PET Preforms MEG

-Neste and Ravago begin ‘significant’ chemical recycling collaboration

Neste and Ravago are joining forces to develop chemical recycling of plastic waste with the aim of reaching significant industrial scale. They have set a joint target to reach an annual capacity to process over 200,000 tons of waste plastic.Petrochemical PET Preforms MEG

Neste – a provider of renewable diesel, renewable jet fuel and chemical solutions –  and Ravago – a distributor and recycler of polymers – say they are looking to accelerate the circularity of materials and improve resource-efficiency in the petrochemical industry.

The two companies also want to provide more sustainable alternatives to primary fossil feedstock. They believe chemical recycling of plastic waste will enable the petrochemical industry to meet its recycling targets and develop a more sustainable, climate-friendlier offering.

Petrochemical PET Preforms MEG

-Archroma at ChromaTexChem India with latest innovations

Archroma will be at ChromaTexChem India 2019 from November 14-15 in Bombay Exhibition Centre, Mumbai, to present its latest innovations and solution systems aimed to help textile manufacturers with optimised productivity and/or value creation in their markets. It will also moderate a panel on ‘Sustainable innovation in textile processing’.

The solution systems and innovations presented by Archroma have all been selected for their compliance with ‘The Archroma Way: safe, efficient, enhanced, it’s our nature’. The approach finds its origin in Archroma’s deep belief that it is possible to make the textile industry sustainable.

Archroma at ChromaTexChem India with latest innovations

-Oil prices gain as market awaits signals on US-China trade talks

Oil prices rose on Tuesday, reversing early losses on hopes that US President Donald Trump may signal progress on trade talks with China in a speech later in the day.

Brent crude futures were up 31 cents, or 0.5 per cent, at $62.49 a barrel by 0644 GMT, after dipping to as low as $61.90 earlier in the day.

US West Texas Intermediate (WTI) crude was up 23 cents, or 0.4 per cent, at $57.09 a barrel, having fallen to $56.55.

Oil prices gain as market awaits signals on US-China trade talks

-Growing End-use Adoption to Fuel Sales of PET Stretch Blow Molding Machines Market During the Forecast Period 2017 – 2027

PET stretch blow molding machines produce bottles for juices, water, soda, detergents, soda bottles and several other products by stretching preforms in both the axel direction and the hoop direction.

The PET stretch blow molding machines market is expected to witness a sluggish growth that is mainly driven by the large consumer base of the beverage industry demanding bottles produced by PET stretch blow molding machines.

According to a new research report by Future Market Insights titled ‘PET Stretch Blow Molding Machines Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment 2017 – 2027,’ the global PET stretch blow molding machines market is expected to grow at a CAGR of 2.2% during the forecast period.

Petrochemical PET Preforms MEG

-Find out why Bio based bottle Market is flourishing worldwide by top key players like Coca-Cola, PepsiCo, Carlsberg

Bio-Based PET bottle is made using renewable biomass sources as one of the ingredients.

BIO-BASED PET – The PET molecule is made of two main elements: terephthalic acid, which comprises 70% of it, and monoethylene glycol, also called MEG, which makes up the remaining 30%.

Bio-based polyethylene terephthalate finds wide applications in bottles, consumer goods, and other technical applications.

The hazardous nature of traditional plastics is pushing governments all over the world to introduce stringent regulations to curb carbon emissions and the usage of harmful plastic products. Now a day’s bio based bottle Market is booming.

Find out why Bio based bottle Market is flourishing worldwide by top key players like Coca-Cola, PepsiCo, Carlsberg

-APLA ’19: Latin American aromatics markets likely to face challenges in 2020

Aromatics markets in Latin America are facing challenging economic conditions and this is likely to continue into the next year, market participants commented on Monday on the sidelines of the annual meeting of the Latin American Petrochemical Association (APLA).

“There is a lot of supply in the market with Mexico and Colombia both trying to raise their export volumes. Demand typically tracks movements in GDP and has not been as strong as expected as several countries in the region are struggling economically,” a market participant commented.

-APLA ’19: Latin American aromatics markets likely to face challenges in 2020

Petrochemical PET Preforms MEG

 

Petrochemical PET Preforms PEF News 12-11-2019

Petrochemical PET Preforms PEF News 12-11-2019

Petrochemical PET Preforms PEF

China – Polyethylene Terephthalate

PET and its chain are assessed mixed,but globally are weak .

Crude oil price is steady.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile is steady.

PET Bottle grade export 780/825 $/ton PET Bottle grade domestic market 6,300/6,450 yuan/ton PET Filament grade SD domestic market 5,850/6,000 yuan/ton – PET Filament grade BR domestic market 6,000/6,100 yuan/ton

PTA Taiwan 605/615 $/ton PTA domestic market 4,650/4,750 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,500/4,600 yuan/tonPX Korea 755/765 $/ton.

Polyester POY 150D/48F  domestic market 6,700/6,850  yuan/tonPolyester DTY 150D/48F  domestic market 8,500/8,600  yuan/tonPolyester Staple PSF domestic market 6,700/7,850 yuan/ton

Petrochemical PET Preforms PEF

Crude Oil Prices Trend

Crude Oil Prices Trend

-EU Directive threatens Finland’s bottle return system

A stipulation that the cap must always remain with the bottle will lead to an increase in the use of plastic.

EU Directive threatens Finland’s bottle return system

A stipulation that the cap must always remain with the bottle will lead to an increase in the use of plastic.

Under the terms of the new directive, the cap must remain with the bottle. Image: Riikka Pennanen / Yle

A new EU directive aimed at tackling plastic waste may lead to major changes to Finland’s bottle return system, according to Palpa, the company responsible for the collection, recycling and reuse of beverage packages.

Petrochemical PET Preforms PEF

-Södra finds way to recycle used cotton, blended fabrics

Södra has found a way to convert large volumes of used cotton and blended fabrics into new clothing and textiles. The technique can separate cotton and polyester in polycotton blends, which are one of the most widely used textiles in the market. The pure cotton fibres are then added to the wood-derived textile pulp, which can be used to make new textiles.Petrochemical PET Preforms PEF 

One of the major obstacles to textile recycling is that the fabrics are often made from blended materials. At present, no one in the world can recycle fibres from blended fabrics on a large scale. Södra’s solution will enable circular flows in the fashion and textile industry.

Petrochemical PET Preforms PEF

-Cutting-edge solutions on show at UK’s largest packaging event

The latest packaging solutions and technologies will take centre stage at Packaging Innovations 2020 when it returns to Birmingham, UK, on 26-27 February.

The event will welcome more than 300 suppliers, many of which will launch their latest developments live at the show. Petrochemical PET Preforms PEF 

As the UK’s largest packaging event, the show will offer visitors an exclusive glimpse into the future of packaging.

Petrochemical PET Preforms PEF

-Canclini 1925 presents eco-innovation driven Techno Shirt

With Techno Shirt, Canclini 1925 is revolutionising world of fabrics for shirts through a line which brings together high performance of technical fabrics with traditional and formal look.Petrochemical PET Preforms PEF 

The combination between technological innovation and made in Canclini creativity, Techno Shirt restyles traditional concept of shirt in a modern, trendy and green version.

It is a collection where technology, performance and eco-innovation are merged, based on an approach which expresses a research and development pathway intrinsic to the essence of the Canclini 1925 product ranges.

Canclini 1925 presents eco-innovation driven Techno Shirt

-Pyrolyx and Continental team up for sustainable tyre solution

Pyrolyx AG has announced a five-year supply agreement for recovered Carbon Black (rCB) with Continental AG.Petrochemical PET Preforms PEF 

Pyrolyx is the world leader in the extraction of rCB from end-of-life tyres. rCB is used to manufacture new tyres and is also used in the plastic, technical, rubber and masterbatch industries.

Petrochemical PET Preforms PEF

-All Coca-Cola Australia brands now in recycled plastic bottles

Coca-Cola Australia and Coca-Cola Amatil (CCA) announced on Monday that all of its soft drink and water brands, 600ml and below, are now being produced from 100 per cent recycled plastic.

Coke, Sprite, Fanta, Mount Franklin and Pump are all part of the recycled plastic project which was announced by Coca-Cola Amatil in June this year.

All Coca-Cola Australia brands now in recycled plastic bottles Coca-Cola Australia and Coca-Cola Amatil (CCA) announced on Monday that

-Partnering with suppliers to create better recycled plastic

At Google, we have a company-level commitment to maximize the reuse of finite resources across our operations, products, and supply chains and to enable others to do the same.

“We want to end the linear ‘take, make, waste’ economic model by accelerating the transition to a circular economy,” says Michael Werner, lead for circular economy at Google. “This includes rethinking how we build our products and working to keep materials in use and in the economy longer.”

Petrochemical PET Preforms PEF

-Unilever a cut above the rest at 2019 Gold Pack Awards

The Gold Pack Awards recognises and celebrates South African companies in the packaging industry, who represent innovation and professionalism in packaging.

t was a clean sweep for Unilever at the 2019 Gold Pack Awards where it bagged four gold medals in various categories, including the Judge’s Special Mention for the Unilever Sustainable Living Plan.

Unilever a cut above the rest at 2019 Gold Pack Awards

-Spain chems demand industry-friendly cabinet but instability may persist on hung parliament

Spain’s second general election this year has delivered another hung parliament which could make governability difficult. The chemical sector is hopeful, however, that a cabinet led by the Socialists could pass industry-friendly policies that lower energy costs.

The Socialist party (PSOE) came first with 120 seats in the 350-strong chamber (see bottom graph).  Click here for a full list of results from the Spanish Ministry of Interior.

Petrochemical PET Preforms PEF

Petrochemical PET Preforms PEF

Petrochemical PET Bottles PEF News 11-11-2019

 

Petrochemical PET Bottles PEF News 11-11-2019

Petrochemical PET Bottles PEF

Petrochemical Polymers PET Plastic Prices

Petrochemical PET Bottles PEF

Crude Oil Prices Trend

Crude Oil Prices Trend

-Recycling technologies that add value to waste

India generates close to 410mt of plastic waste every year. At the IFCA conference, Kelvin Davies, Australian project manager at Nextek Technologies discussed the recycling problem in-depth. He presented strategies for ensuring that a recycled product has an upscale value, which is vital to achieve a circular economy Petrochemical PET Bottles PEF

When you crunch the numbers you realise India is producing far more packaging than we are recycling. This is not an issue with India. It is a global issue and each geography has its own unique challenges.

Petrochemical PET Bottles PEF

-Brazil Braskem mulls new renewable ethylene, PE capacity

Braskem is considering expanding its production of renewable ethylene and polyethylene (PE), with a a final investment decision (FID) possible in the first half of 2020, an executive said on Friday.Petrochemical PET Bottles PEF

The expansion would most likely be in Brazil, and Braskem is considering it because of rising demand for renewable PE, mainly from Europe and Asia, particularly Japan, said Edison Terra, vice president of Braskem’s business unit for polyolefins, renewables and Europe.

Petrochemical PET Bottles PEF

-From Ecomondo a message for the sustainability that will come

( Italian Language Only)

1300 companies occupied all the space available at the Rimini Fair (129 thousand square meters) and animated what is now recognized as an indispensable reference for all those who in some way deal with the circular economy: Ecomondo, organized by the Italian Exhibition Group.Petrochemical PET Bottles PEF

“This is the most important fair in the world for the green economy – it was the definition of Environment Minister Sergio Costa – and in our country there are technological excellence and useful knowledge to change behavior and processes”.

It was not easy for the 520 Italian and foreign accredited journalists to follow the many (too many) events organized in the four days of Rimini.

Petrochemical PET Bottles PEF

-Xtreme Renew awarded at Ecomondo 

(Italian Language Only)

Sustainable Development Award in Sipa for the production of preforms starting from flakes of post-consumer PET. Petrochemical PET Bottles PEF
Zoppas: “no to the plastic tax, yes to incentives for recycled products”.

The Xtreme Renew technology developed by Sipa (Zoppas Industries) to produce in an integrated cycle preforms for bottles entirely in recycled PET starting from post-consumer flakes received the Rimini Sustainable Development Award 2019 in the “circular economy” category at Ecomondo. “.

Petrochemical PET Bottles PEF

-Iran discovers new oil field with 50 billion barrels of crude

Iran’s president has described a massive find in the oil-rich Khuzestan province. But sanctions against Iranian oil could make it difficult for the oil to find its way to international markets.

Iranian President Hassan Rouhani on Sunday said a new oil field was discovered in the Khuzestan province.Petrochemical PET Bottles PEF

He said the new field has more than 50 billion barrels of crude oil, which would boost the country’s proven reserves by a third.

“I am telling the White House that in the days when you sanctioned the sale of Iranian oil, the country’s workers and engineers were able to discover 53 billion barrels of oil,” Rouhani said. “This is a small gift by the government to the people of Iran.”

Petrochemical PET Bottles PEF

-Oil market to be oversupplied in next 4 yrs

MORE bad news is emerging for the oil organization, as more oil has been pouring from different unconventional sources far away from the troubled waters.

This time it is not the USA shale oil but oil from Brazil, Canada, Guyana and Norway. All the four countries are expected to bring more than five million barrels of oil in the next four years.Petrochemical PET Bottles PEF

OPEC will end up losing its global share of 35 million barrels to less than 29 million barrels or may be less. This is after the absence of Iran and Venezuela, which have been forced to cut down their production. Iraq at the same time has been pushing for 4.9 million barrels, and is currently close to 4.7 million barrels per day.

Oil market to be oversupplied in next 4 yrs

-Starlinger “circular packaging” at K 2019: a closed loop for big bags made from polypropylene fabric

At K 2019, Starlinger presents a closed loop system for big bags made from woven polypropylene. The sustainable concept “circular packaging” will be Starlinger’s main theme at the K show 2019 as well as at the Starlinger Open House in Weissenbach/Austria.Petrochemical PET Bottles PEF

Worldwide, more than 380 million 4-loop big bags (called FIBCs in specialist vocabulary – Flexible Intermediate Bulk Containers) are sold every year; this equals an annual recycling potential of approx. 800,000 tons of material. To turn big bags into big bags once more, the Austrian Starlinger & Co. GmbH has now developed the concept “circular packaging” for big bags made from polypropylene fabric; the well-known FIBC expert Dr. Amir Samadijavan acted as consultant for this project.

Starlinger “circular packaging” at K 2019: a closed loop for big bags made from polypropylene fabric

-Kordsa partners with University of Sheffield research center

Kordsa, the University of Sheffield and Sabancı University will collaborate on advanced composites research for aerospace and automotive applications.

Kordsa (Istanbul, Turkey) has partnered with the University of Sheffield Advanced Manufacturing Research Centre (AMRC, Sheffield, U.K.) for the development of new advanced composite technologies for the aviation and automotive markets.

The collaboration is part of a business strategy to position Kordsa, known for supplying cord products for the global tire market, in the composites technology space.

Kordsa partners with University of Sheffield research center

-Asia PX 2020 proposed term contract formula changes; more weightage on ICIS

Several major paraxylene (PX) producers in northeast Asia including Japan’s JXTG Nippon Oil & Energy have recently made offers indicating a change in their pricing formulas for 2020 term contracts to include a higher weightage of ICIS spot assessments in negotiations.Petrochemical PET Bottles PEF

JXTG Nippon Oil & Energy offered its term supplies for next year on a 50% ICIS, 50% Argus CFR (cost & freight) CMP (China Main Ports) basis.

It previously based 50% of its pricing on Platts, 25% on ICIS and 25% on Argus weighting.

Asia PX 2020 proposed term contract formula changes; more weightage on ICIS

-Europe PE spot prices down as US traders step in with lower numbers

-Europe polyethylene (PE) spot prices are under downward pressure again, and new competition from US traders is exacerbating the situation, according to local sellers.

Three new US-based traders are said to be offering large volumes of low-priced product to many players across Europe.

“It looks like they’ve bought a directory and are approaching all the buyers,” said one source. Petrochemical PET Bottles PEF

It is this scattershot approach that is sending shock-waves through the market, as it is very hard to define how much material is actually being offered.

Europe PE spot prices down as US traders step in with lower numbers

-Enzymes to reduce emissions from the textile industry

The dyeing of textiles has a major negative impact on the environment. Now, a new method for degrading the dyes and purifying the waste water has been developed at the University of Borås, Borås/Sweden.

In the dyeing process, the excess dyes and chemicals are flushed out with the waste water. In her research project, doctoral student Petrochemical PET Bottles PEF

May Kahoush has investigated 3 different methods, all of which facilitate a solution that benefits both the environment and the textile industry by reducing the consumption of water and energy, as well as the emission of hazardous chemicals. In an attempt to solve this problem, enzymes are used to initiate a degradation process of dyes and other chemicals.

Enzymes to reduce emissions from the textile industry

Petrochemical PET Bottles PE

Petrochemical Thermoplastics PEF News 08-11-2019

Petrochemical Polymers PET Plastic Prices

Petrochemical Polymers PET Plastic

Petrochemical Polymers PET Plastic

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM04/11/201911/11/2019+/-
Bottle grade PET chips domestic market6,500 yuan/ton6,400 yuan/ton-100
Bottle grade PET chips export market830 $/ton830 $/ton
Filament grade Semidull chips domestic market

Petrochemical Polymers PET Plastic

6,100 yuan/ton5,950 yuan/ton-150
Filament grade Bright chips domestic market6,200 yuan/ton6,075 yuan/ton-125
Pure Terephthalic Acid PTA domestic market4,850 yuan/ton4,700 yuan/ton-150
Pure Terephthalic Acid PTA export market
615 $/ton 610 $/ton-5
Monoethyleneglycol MEG domestic market4,605 yuan/ton4,515 yuan/ton-90
Monoethyleneglycol MEG export market542 $/ton535 $/ton-7
Paraxylene PX FOB  Taiwan market785 $/ton786  $/ton+1
Paraxylene PX FOB  Korea market765 $/ton766 $/ton+1
Paraxylene PX FOB EU market

Petrochemical Polymers PET Plastic

705 $/ton705 $/ton
Polyester filament POY 150D/48F domestic market6,920 yuan/ton6,810 yuan/ton
-110
Recycled Polyester filament POY  domestic market6,850 yuan/ton6,750 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market8,670 yuan/ton8,600 yuan/ton-70
Polyester filament FDY 68D24F domestic market 7,850 yuan/ton7,650 yuan/ton-200
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers PET Plastic
7,250 yuan/ton7,070 yuan/ton-180
Polyester staple fiber 1.4D 38mm domestic market6,930 yuan/ton6,800 yuan/ton-130
Caprolactam CPL domestic market11,400 yuan/ton11,150 yuan/ton
-250
Caprolactam CPL overseas  market1,330 $/ton1,300 $/ton-30
Nylon6 chips overseas  market1,660 $/ton1,630 $/ton-30
Nylon6 chips conventional spinning domestic  market12,550 yuan/ton12,300 yuan/ton-250
Nylon6 chips  high speed spinning domestic  market12,750 yuan/ton12,450 yuan/ton-300
Nylon 6.6 chips domestic  market22,700 yuan/ton22,600 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers PET Plastic

15,100 yuan/ton14,750 yuan/ton-350
Nylon6 Filament DTY 70D/24F domestic  market17,700 yuan/ton17,400 yuan/ton-300
Nylon6 Filament FDY  70D/24F  domestic  market16,000 yuan/ton15,650 yuan/ton-350
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton29,500 yuan/ton-500
Adipic Acid domestic market7,900 yuan/ton7,900 yuan/ton
Benzene domestic market5,200 yuan/ton5,300 yuan/ton+100
Benzene overseas  market617 $/ton629 $/ton -12
Ethylene South East market770 $/ton800 $/ton+30
Ethylene NWE  market868 $/ton831 $/ton-37
Acrylonitrile ACN  domestic market10,600 yuan/ton10,600 yuan/ton
Acrylonitrile ACN  overseas market1,500 $/ton1,500 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,600 yuan/ton10,500 yuan/ton-100
PP Powder domestic market8,300 yuan/ton8,000 yuan/ton-300
Naphtha overseas market 

Petrochemical Polymers PET Plastic

512 $/ton520 $/ton
+8
Phenol domestic market 7,550 yuan/ton7,550 yuan/ton
PS Taiwan 5250 GPPS1,076 $/ton 1,078 $/ton+2
PS Taiwan 8250 HIPS1,205 $/ton 1,195 $/ton-10
LDPE CFR Far East 902 $/ton882 $/ton-20
LLDPE CFR Far East852 $/ton822 $/ton-30
LDPE   FOB Middle East890 $/ton870 $/ton-20
LLDPE FOB Middle East840 $/ton810 $/ton-30
HDPE CFR Far East850 $/ton820 $/ton-30
LDPE FD Northwest Europe 953 €/ton933 €/ton-20
LLDPE FD Northwest Europe 943 €/ton923 €/ton-20
Homopolymer PP CFR Far East981 $/ton960 $/ton-21
Homopolymer PP FD NWE1,001 €/ton1,001 €/ton

Petrochemical Polymers PET Plastic

Petrochemical Textiles PEF News 09-11-2019

Petrochemical Textiles PEF

-America is now the world’s top oil producer, but cracks are emerging

By any measure, America’s rapid expansion to a record 12 million barrels of oil output a day has been a global game-changer.

In less than a decade, a boom in the country’s shale patch added a record 8 million barrels day and made the United States the No. 1 oil producer in the world.

A large chunk of credit must go to the producers in the Permian Basin, a vast expanse of 86,000 square miles that borders west Texas and southeastern New Mexico. That region is responsible for about a third of America’s crude output.

Petrochemical Textiles PEF

-Nestlé and Corbion eye microalgae for ‘next generation’ plant proteins

Swiss food manufacturer Nestlé and Dutch ingredients supplier Corbion have entered into a strategic partnership to develop what they describe as the ‘next generation’ of microalgae-based ingredients for plant-based applications.

The companies said they aim to leverage microalgae to deliver ‘sustainable, tasty and nutritious plant-based products’. Petrochemical Textiles PEF

The agreement will combine Corbion’s microalgae and fermentation capabilities with Nestlé’s expertise in the development of plant-based products.

The aim of the joint development agreement is to establish a platform for the production and commercialisation of algae-based ingredients. The research will work to further develop the functionality, taste, and nutritional profile for use in different types of products.

Petrochemical Textiles PEF

-Stora Enso: the future of manufacturing just got smarter

Stora Enso’s digitisation programme is realising the benefits of automation and 5G to optimise efficiency, flexibility, and availability in production Petrochemical Textiles PEF

Stora Enso is among the world’s oldest companies with more than 700 years of heritage, encompassing mining, iron and wood activities, stretching back to the 13th century.

Today it focuses on all of the possibilities to manufacture a diverse range of products made from renewable materials with the forest and the trees as their foundation.

Petrochemical Textiles PEF

-SA business confidence remains weak for October as uncertainty continues

South African business confidence remained weak in October, according to the SA Chamber of Commerce and Industry.

The chamber announced on Thursday that its index tracking business confidence fell to 91.7 in October from 92.4 in September. It is only the fourth time the index has dipped below the 92 point mark since 2012. Petrochemical Textiles PEF

The index was pushed down form the previous month due to lower merchandise exports and imports, and to a lesser degree from a fall in the rand/dollar exchange rate and disrupted energy supplies caused by load shedding. A boost to new vehicle sales and lower consumer inflation, provided some pushback.

Petrochemical Textiles PEF

-Why Oil Companies Aren’t Evil

When I worked for the oil industry, I began to see things differently from the inside. The image in my mind of “Big Oil” began to be challenged immediately through personal experience. To this day, I see many issues quite differently than some who only view the oil industry from a distance. Petrochemical Textiles PEF

For example, I learned that there are lots of environmentalists who work for oil companies. Environmental departments in major oil companies are well-staffed with people who devote their careers to ensuring environmental laws are followed.

Why Oil Companies Aren't Evil

-Tomra introduces deep learning add-on for autosort machines

Gain, Tomra’s deep learning-based sorting technology, advances accuracy of complex sorting tasks at high throughput rates.

Asker, Norway-based Tomra Sorting Recycling has launched Gain, a deep learning-based sorting technology to further enhance the performance of its sensor-based sorting machines, according to a Tomra news release. Petrochemical Textiles PEF

The gain technology will be made available as an add-on option for the company’s autosort machines. By classifying objects from sensor data, gain enables the sorting of objects, which could previously not be seperated with high levels of purity and without compromising the throughput speed of the autosort.

Tomra introduces deep learning add-on for autosort machines

-Recycled PET resin prices decline with excess virgin material available

Abundant supplies of virgin resin have pushed down North American prices for recycled PET since early 2019. Petrochemical Textiles PEF

Even with the recent declines, recycled PET remains more expensive than virgin grades.

This week Plastics News is showing a decrease of 10 cents per pound for all grades of post-consumer PET. That includes both clear and green materials, and both flake and pellets.

Recycled PET resin prices decline with excess virgin material available

-SE Asia PP block copolymer prices fall below that of homopolymer flat yarn

Copolymer block polypropylene (PP) dutiable spot prices in southeast (SE) Asia have fallen below that of homopolymer flat yarn for the first time in over six years, with spreads likely to remain negative in the near term. Petrochemical Textiles PEF

Increased competition from duty-exempt South Korea origin block copolymer cargoes offered at highly economical prices has put a massive dent on demand for dutiable Middle East origin cargoes.

SE Asia PP block copolymer prices fall below that of homopolymer flat yarn

Petrochemical Textiles PEF

Petrochemical Thermoplastics PEF News 08-11-2019

Petrochemical Thermoplastics PEF News 08-11-2019

Petrochemical Thermoplastics PEF

China – Polyethylene Terephthalate

PET and its chain continue to lose groud.

Crude oil price is steady.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile is steady.

PET Bottle grade export 790/830 $/ton PET Bottle grade domestic market 6,400/6,500 yuan/ton PET Filament grade SD domestic market 6,000/6,100 yuan/ton – PET Filament grade BR domestic market 6,100/6,200 yuan/ton

PTA Taiwan 605/615 $/ton PTA domestic market 4,700/4,800 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 760/775 $/ton.

Polyester POY 150D/48F  domestic market 6,850/6,950  yuan/tonPolyester DTY 150D/48F  domestic market 8,600/8,750  yuan/tonPolyester Staple PSF domestic market 6,850/7,950 yuan/ton

Petrochemical Thermoplastics PEF

Crude Oil Prices Trend

Crude Oil Prices Trend

-Exports tumble and ‘ungodly demand’ boosts HDPE prices

Overseas appetite for post-consumer scrap plastic dwindled in the third quarter. But on the domestic side, the value of recovered natural HDPE has skyrocketed and RPET demand remains strong.

U.S. scrap plastic exports dropped to their lowest third-quarter volume on record this year, driven largely by major Asian buyers continuing to constrict import volumes while other overseas markets did not grow enough to fill the void.

Petrochemical Thermoplastics PEF

-Titanium dioxide classification hits rare obstacle at EU Council

Germany, Czech Republic table objections; Council looks to extend deadline

The European Commission’s controversial plan to classify titanium dioxide as a carcinogen has hit a rare hurdle during the EU legislative process, after two member states tabled objections, according to several EU sources.Petrochemical Thermoplastics PEF

Germany and the Czech Republic have raised objections at the Council of Ministers during a two-month scrutiny of the Commission’s delegated act, a process involving both the EU Parliament and Council which is currently set to end on 4 December.

Petrochemical Thermoplastics PEF

-Alpla moves into recycling of HDPE into packaging

With two of its own PET recycling plants in Austria and Poland (PET Recycling Team) and joint ventures in Mexico and Germany, Alpla (Hard, Austria) has long been established in the field of PET recycling. These operations currently have an annual capacity of 70,000 tonnes/77,162 tons.Alpla HDPE Recycling Suminco Petrochemical Thermoplastics PEF

Alpla is now taking the next step by buying two HDPE recycling plants.

Alpla moves into recycling of HDPE into packaging

-Dayuewan Petrochemical to use Honeywell technology

Honeywell has announced at the China International Import Expo (CIIE) 2019 that Dayuewan (Zhuhai) Petrochemical Co., Ltd., a subsidiary of China Grain Petrochemical Group, will use a range of technologies from Honeywell UOP to upgrade heavy fuel oil into higher value petrochemical products at its complex in the Gaolan Port Economic Zone in Guangdong Province.Petrochemical Thermoplastics PEF

When the project is completed, Dayuewan will be converting nearly all of its vacuum residue to light oil products, representing one of the highest conversion rates in the world. Meanwhile, this project will adopt a range of advanced process technologies to recycle hydrogen and liquefied petroleum gas (LPG) at among the highest rates in the world.

Petrochemical Thermoplastics PEF

-Circular Polymers to supply PET carpet fiber to Eastman

Densified PET fiber from post-consumer carpet will ride railcars from California to Tennessee, where chemical giant Eastman will feed it into a gasification process.

Kingsport, Tenn.-headquartered Eastman announced an agreement to source recovered PET carpet fiber from Lincoln, Calif.-based Circular Polymers.Petrochemical Thermoplastics PEF

Circular Polymers to supply PET carpet fiber to Eastman

-thyssenkrupp commissions one of the largest textile polyester plants for SASA in Turkey

hyssenkrupp Industrial Solutions recently successfully commissioned a new polyester plant for the production of staple fibers for SASA in Adana, Turkey. The new plant is one of the largest single line-production facilities for PET (polyethylene terephthalate) for textile applications. It is designed to produce up to 380,000 metric tons of PET per year (1,050 tons per day).Petrochemical Thermoplastics PEF

Werner Steinauer, CEO of thyssenkrupp’s subsidiary Uhde Inventa-Fischer: “The commissioning of this highly energy-efficient plant marks another milestone in our successful relationship with SASA. Right from the start, we designed this project while having the complete value chain in mind. The result is an integrated plant concept that ensures maximum efficiency and low energy consumption.”

Petrochemical Thermoplastics PEF

-Coca-Cola chooses plastic bottle collection over aluminum cans to cut carbon footprint

Coca-Cola is committed to collecting and recycling plastic bottles rather than switching to aluminum cans as the world’s largest soft drinks maker seeks to reduce its carbon footprint, its chief executive officer told Reuters.Petrochemical Thermoplastics PEF

Along with multinational rivals including PepsiCo and Nestle , Coca-Cola has started offering recyclable aluminum cans as well as plastic bottles for some water brands as the industry reacts to public outrage over the world’s oceans being polluted with plastic waste.

Coca-Cola chooses plastic bottle collection over aluminum cans to cut carbon footprint

-Asia BDO market faces year-end lull, weak downstream PBT demand

A steady increase in China’s production of 1,4-butanediol (BDO) since mid-October will likely weigh on market sentiment at the end of the year.

The average BDO plant operating rate in China was at 65.4% in the week ended 5 November, up from 61.1% in the previous week, ICIS data showed.

The run rates had hovered at 50-60% for most part of July to H1 October this year.

In the China domestic market, weekly prices were flat at yuan (CNY) 8,900-9,400/tonne DEL (delivered) in the week ended 5 November, according to ICIS data.

-Asia BDO market faces year-end lull, weak downstream PBT demand

-Polypropylene Catalyst Market Sees Strong Growth

The polypropylene catalyst market in the Asia Pacific is projected to grow fastest.

Ziegler-Natta catalyst type is projected to lead the polypropylene catalyst market.

The gas phase manufacturing process of the polypropylene catalyst market is projected to grow fastest.Petrochemical Thermoplastics PEF

The Polypropylene Catalyst Market is projected to grow from an estimated $1.2 billion in 2019 to $1.9 billion by 2027. Key companies in the Polypropylene Catalyst Market include LyondellBasell Industries (The Netherlands), Clariant (Switzerland), Mitsui Chemicals (Japan), W.R. Grace & Co., (US), and China Petrochemical (China).

Polypropylene Catalyst Market Sees Strong Growth

-Upcycling polyethylene plastic waste into lubricant oils

Researchers in the US have developed a catalytic upcycling process using platinum nanoparticles supported on perovskites to convert single-use polyethylene (PE) (such as grocery bags) into value-added high-quality liquid products (such as motor oils and waxes). An open-access paper on their work is published in ACS Central Science.

Hundreds of millions of tons of plastic are produced worldwide each year, and the majority of these materials are discarded after a single use. Most end up in landfills or the environment. Petrochemical Thermoplastics PEF

Because of technical challenges, even the plastic that does get recycled typically generates materials that are of lower quality and value than the original polymer.

Upcycling polyethylene plastic waste into lubricant oils

-Avantium Set to Become World Leader in Plant-Based MEG

Avantium advances its plant-based MEG technology with the opening of its demonstration plant.

Avantium today inaugurates its plant-based MEG (mono-ethylene glycol) demonstration factory in Chemie Park Delfzijl, the Netherlands, bringing industry yet another solution to reduce the reliance on fossil resources. Petrochemical Thermoplastics PEF

The opening ceremonies are hosted by Nienke Homan, regional minister of the province of Groningen, the Netherlands and Avantium CEO Tom van Aken. Avantium additionally announces the naming of this innovative technology to produce plant-based MEG: Ray TechnologyTM – A Bright Step to The Future.

Avantium Set to Become World Leader in Plant-Based MEG

-Hyundai Chemical’s polymers complex scaled back

A joint venture between South Korean refiner Hyundai Oilbank and petrochemical firm Lotte Chemical is scaling back plans for a heavy feedstock complex, reducing targeted production capacity amid oversupplied polymers markets. Petrochemical Thermoplastics PEF

The Hyundai Chemical joint venture has awarded a contract to South Korea’s Daelim Industrial to build the complex, which will be located at Hyundai Oilbank’s refining complex in Daesan. Daelim Industrial said yesterday the complex will have capacity to produce 300,000 t/yr of low-density polyethylene (LDPE), 300,000 t/yr of high-density polyethylene (HDPE) and 250,000 t/yr of polypropylene (PP).

Hyundai Chemical's polymers complex scaled back

Petrochemical Thermoplastics PEF

Petrochemical Biotechnology PEF News 07-11-2019

Petrochemical Biotechnology PEF News 07-11-2019

Petrochemical Biotechnology PEF

China – Polyethylene Terephthalate

PET and its chain are are losing groud.

Crude oil price is steady.

Polyamide 6 and its chain continue to be weak.

Acrylonitrile is steady.

PET Bottle grade export 790/830 $/ton PET Bottle grade domestic market 6,400/6,500 yuan/ton PET Filament grade SD domestic market 6,000/6,100 yuan/ton – PET Filament grade BR domestic market 6,100/6,200 yuan/ton

PTA Taiwan 600/610 $/ton PTA domestic market 4,750/4,850 yuan/tonMEG  520/535 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 770/780 $/ton.

Polyester POY 150D/48F  domestic market 6,850/6,950  yuan/tonPolyester DTY 150D/48F  domestic market 8,600/8,750  yuan/tonPolyester Staple PSF domestic market 6,850/7,950 yuan/ton

Petrochemical Biotechnology PEF

Crude Oil Prices Trend

Crude Oil Prices Trend

-How sustainable is recycled plastic, really?

An increasing number of fashion brands – including Prada, Stella McCartney and Adidas – are using recycled plastic to up their green credentials. Vogue looks at why it might not be such a sustainable fix.

Recycled plastic is in fashion right now, whether it’s eco-trainers or ready-to-wear pieces by luxury brands. Prada has committed to using only recycled nylon by 2021; Stella McCartney has set a goal of using just recycled nylon by 2020 and recycled polyester by 2025; and Marni and Preen both used recycled plastic bottles in their spring/summer 2020 collections.

Petrochemical Biotechnology PEF

-BEVERAGE INDUSTRY TO INVEST $100 MILLION TO GET “EVERY BOTTLE BACK”

The American Beverage Association and its three biggest members are working to improve bottle recycling rates with a new $100 million program to modernize infrastructure and build public awareness. Petrochemical Biotechnology PEF

Despite the proliferation of recycling bins everywhere from offices to airports to street corners, only about a third of plastic bottles produced in the U.S. actually get recycled. That’s a number that the American Beverage Association and its three largest members intend to increase with a major new initiative.

Petrochemical Biotechnology PEF

-Lenzing lowers 2019 outlook due to weak market, low viscose prices

Austrian fibres producer Lenzing lowered its 2019 targets as it reported a slight third-quarter miss due to a challenging market environment with historically low viscose prices.

Lenzing said it now expects its 2019 results to be slightly below the previous year, having previously said earnings would be similar to those of 2018.Petrochemical Biotechnology PEF

Petrochemical Biotechnology PEF

-New report lays bare EU plastic crisis

A new report published on Wednesday (6 November) reveals that 40 percent of plastic products are garbage after less than a month, and that the current recycling systems in Europe cannot cope with such volumes of waste.Petrochemical Biotechnology PEF

Keeping in mind that about 99 percent of all plastics are made from fossil resources like oil, gas, and coal, the greenhouse gas emissions from the plastic lifecycle production threaten the ability of the global community to keep a global temperature rise below 1.5C.

New report lays bare EU plastic crisis

-PhD candidate honoured for sustainability research

Swinburne PhD candidate Mohammad Ramezani Taghartapeh has been recognised for his contribution to creating a more sustainable future, receiving a prestigious Green Talents award.Petrochemical Biotechnology PEF

The annual Green Talents competition – established by the German Federal Ministry of Education and Research – celebrates emerging researchers in sustainable development and promotes the international exchange of innovative green ideas.

PhD candidate honoured for sustainability research

-Agr International Inc. introduces new in-the-blowmolder inspection system for PET containers

Agr International recently introduced its latest in-the-blowmolder vision inspection system, Pilot Vision+. This product is configured and positioned to meet the quality management requirements for high-speed PET bottle production, with a special focus on containers with high percentages of rPET.Petrochemical Biotechnology PEF

This system is designed to work in conjunction with today’s high speed reheat stretch blowmolding equipment and can be used along with the Process Pilot® automated blowmolder management system. The combination of Pilot Vision+ and Process Pilot provides bottle producers with the ability to detect random occurring defects and manage the process to maintain precise material distribution on bottle designs of all kinds.

Agr International Inc. introduces new in-the-blowmolder inspection system for PET containers

-Total to double the production capacity of its affiliate Synova

Total has announced it will double the production capacity of its affiliate Synova to meet growing market demand for high-performance recycled materials.

By early 2021, Synova will produce 40,000 tons per year of recycled polypropylene that meets the demanding quality standards of automotive OEMs and carmakers.

Total is a founding member of The Alliance to End Plastic Waste, an organisation that brings together around 40 member companies from across the plastics and consumer goods value chain.Petrochemical Biotechnology PEF

Total to double the production capacity of its affiliate Synova

-Asahi Kasei to display Roica fibre at MarediModa 2019

Asahi Kasei’s Roica Eco Smart family of stretch fibre that offers responsible yarns, will be displayed with partner innovations, sustainability, and cutting-edge performance at MarediModa fair. The international trade fair dedicated to fabrics and accessories for beachwear, underwear, and athleisure sectors will be held from November 5-11, 2019, in Cannes.

The Roica partners participating in MarediModa include Eusebio, Iluna, Maglificio Ripa, MG2, Payen, Penn Textile Solutions, Penn Italia, Piave Maitex, Sofileta, and Tessitura Colombo Antonio.

-Asahi Kasei to display Roica fibre at MarediModa 2019

-How to keep up with market demand

Wolfgang Moersch, international marketing manager for manufacturer ZwickRoell, explains how manufacturers could reduce the testing steps required for autoinjectors whilst maintaining accuracy.Petrochemical Biotechnology PEF

Across all pharma applications, the auto-injector market is one of the fastest growing sectors. By 2020, global market volume of approximately US $2.5 billion (£1.9 billion) is expected, and auto-injectors represent the largest segment of this.

-How to keep up with market demand

Petrochemical Biotechnology PEF

Petrochemical Bioparaxylene PEF News 06-11-2019

Petrochemical Bioparaxylene PEF News 06-11-2019

Petrochemical Bioparaxylene PEF News

China – Polyethylene Terephthalate

PET and its chain are are assessed mixed.

Crude oil price is in downward trend.

Polyamide 6 and its chain continue to lose ground.

Acrylonitrile is steady.

PET Bottle grade export 790/830 $/ton PET Bottle grade domestic market 6,450/6,550 yuan/ton PET Filament grade SD domestic market 6,050/6,150 yuan/ton – PET Filament grade BR domestic market 6,150/6,250 yuan/ton

PTA Taiwan 610/620 $/ton PTA domestic market 4,800/4,900 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,500/4,600 yuan/tonPX Korea 780/790 $/ton.

Polyester POY 150D/48F  domestic market 6,800/6,950  yuan/tonPolyester DTY 150D/48F  domestic market 8,600/8,750  yuan/tonPolyester Staple PSF domestic market 6,900/7,000 yuan/ton

Petrochemical Bioparaxylene PEF

Crude Oil Prices Trend

Crude Oil Prices Trend

-New generation of hydrolysis-stabilized PBT compounds unveiled

Compounds based on polybutylene terephthalate (PBT) need greater resistance to hydrolysis and aging in hot and humid environments when used in automobiles. For instance, the high electrical power densities of high-voltage systems in electric vehicles lead to greater temperature loads. Furthermore, additional thermal loads arise when charging the battery. In combustion engines, there is a trend towards turbocharged engines, which results in increased temperatures in the engine compartment.

Petrochemical Bioparaxylene PEF

-Around 3000 exhibitors expected at Heimtextil

Around 3000 international exhibitors will showcase their innovations at the 50th edition of Heimtextil, the international trade fair for home and contract textiles, to be held during January 7-10, 2020, in Frankfurt. The fair will see more sustainable products than ever. There will be more than 250 companies which will bring sustainably produced textiles.

The Green Directory, a separate exhibitor index focusing on the theme of sustainability that will be published by Heimtextil for the tenth time in 2020, lists these companies and their product innovations. The number of companies included in the directory has increased considerably and is higher than ever before. Petrochemical Bioparaxylene PEF

Petrochemical Bioparaxylene PEF

-Stora Enso develops new wood-based sustainable solutions for cosmetic brands

At Luxe Pack, in Monaco, and Cosmetic 360, in Paris, the Nordic manufacturer known in the luxury industry for its high-end cartonboards presented a series of innovations based on the multiple properties of cellulose pulp, whether to replace plastic in packaging or oil derivatives in cosmetic formulas.Petrochemical Bioparaxylene PEF

There is definitely a lot going on in northern Europe! Indeed, Finnish-based Sulapac is preparing a new generation of cosmetic packaging with Chanel, while Sweden’s BillerudKorsnäs is discussing with L’Oréal and other partners the industrialization of the cardboard bottle, and Helsinki-headquartered Metsä Board is preparing the future for cardboard with a new innovation centre in Äänekoski.

Petrochemical Bioparaxylene PEF

-Hohenstein releases quality labels for workwear

The Hohenstein Quality Labels Tested Workwear and Corporate Fashion are used to label workwear with particularly high demands on product safety and quality. © HohensteinHohenstein, the testing services provider and research partner, has released quality labels for tested workwear and uniforms to emphasise product safety, quality and the durability of workwear.Petrochemical Bioparaxylene PEF

The quality labels combine all the demands made on modern workwear. Their clear product information provides certainty from the supply chain onwards. They include quality parameters, such as testing for harmful substances with Standard 100 by Oeko-Tex and other technology testing.

Hohenstein releases quality labels for workwear

-SPE Thermoforming Conference going to every other year

The Society of Plastics Engineers’ Thermoforming Division is changing its annual conference from every year to every other year, officials announced Nov. 4.

The division has canceled plans for the 2020 SPE Thermoforming Conference and will hold the next conference on Sept. 20-22, 2021 in Grand Rapids, Mich. Petrochemical Bioparaxylene PEF

“For the past several years, the division’s board of directors has received feedback from attendees, sponsors and exhibitors that an annual conference is no longer what the industry needs,” said Eric Short, chairman of the SPE Thermoforming Division.

SPE Thermoforming Conference going to every other year

-Six in ten willing to pay more for reduced plastic packaging

Circular EconomyCollection and TransportEnvironment and EnergyPolicy and StrategyResource ManagementSustainability Petrochemical Bioparaxylene PEF

When offered a choice between two packaging options for the same quality of product, a huge majority across Europe – nine in ten respondents (91.5%) – said they would choose the packaging with 85% less plastic. When asked if they would pay a 12½% premium for this reduced-plastic packaging option, 62% of respondents said they were willing to do so.

These are just some of the results emerging from new research from DS Smith, Europe’s leading sustainable packaging company, published today.

Six in ten willing to pay more for reduced plastic packaging

-Zero-tolerance quality for nonwovens at Techtextil India

Some sweet-toothed individuals might dream of a room full of candy floss. The fairground treat certainly has its appeal, but what if you had to find an object as thin as a one cent coin hidden inside the sugary mass? A sticky problem, for sure.Petrochemical Bioparaxylene PEF

Now, let’s imagine we are dealing with tufts of man-made fibre instead, the kind used as feedstock for spunlaced nonwovens. This is when things get serious – the most critical medical and hygiene applications for these products demand zero-tolerance of any contamination fragments larger than 1 mm. Still a big task, yet the Uster Jossi fibre cleaning system has the solution, finding and ejecting unwanted substances in the blink of an eye, manufacturer Uster explains.

Zero-tolerance quality for nonwovens at Techtextil India

-Prada signs loan with rates linked to sustainability

The Prada fashion group has signed what is billed as the first business loan in the luxury goods sector linking the annual interest rate to practices that help the environment.

Prada said Tuesday that the five-year, 50 million-euro ($55-million) loan with Credit Agricole Group will see interest rates lowered based on “achievement of ambitious targets related to sustainability.” Petrochemical Bioparaxylene PEF

Prada signs loan with rates linked to sustainability