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Graphene Circular Economy ReNylon 24-01-2020

Graphene Circular Economy ReNylon

Crude Oil Prices Trend 

Crude Oil Prices Trend

-Innovia extends BOPP recyling certification

Innovia Films is to extend its testing programme across all its uncoated, acrylic coated and EVOH barrier range of films.

This follows the successful recycling certification of its Propafilm™ Strata SL high barrier film earlier this year by Interseroh, an Independent German recycling and consulting company.

Currently there is limited collection of flexible films across Europe which means that this valuable resource is being wasted.

Graphene Circular Economy ReNylon

-Coca-Cola won’t stop using plastic bottles because customers still want them

Coca-Cola has confirmed that it has no plans to stop using single-use plastic bottles.

Speaking with the BBC at the World Economic Forum in Davos on Tuesday, Bea Perez, Coca-Cola’s senior vice-president for sustainability and public affairs, said that the company won’t ditch these bottles as the consumer still wants to use them.

Graphene Circular Economy ReNylon

Graphene Circular Economy ReNylon

-Turkish textile fair debuts to in US to promote goods overseas

Turkish textile exporters have organized a fair in the U.S. to promote a full range of the country’s textile products.

The two-day event, called “I of the World,” kicked off for the first-ever time on Tuesday with the attendance of 32 companies from across Turkey, having been set up by the Istanbul Textile and Raw Materials Exporters’ Association (İTHİB).

Turkish Deputy Trade Minister Rıza Tuna Turagay stressed that the U.S. was a significant target market for the textile sector.Graphene Circular Economy ReNylon

Graphene Circular Economy ReNylon

-Isko launches R-TWO sustainability programme at IMPACT

Isko launched the R-TWO programme, which reduces the amount of raw materials by relying on a blend of reused cotton and recycled polyester, improving sourcing efficiency throughout the entire field-to fabric production, at the recently held IMPACT show in Paris. Isko, the leading ingredient brand on a global level, is the first denim producer in the world.Graphene Circular Economy ReNylon

IMPACT, the eco-responsible fashion event, was dedicated to established and up-and-coming fashion professionals. The show brought together committed brands who strive to achieve positive results in environmentally responsible fashion and who endeavour to introduce the agenda and criteria to French and International retailers.

Graphene Circular Economy ReNylon

-Agreement for research and development on graphene between Comerio Ercole and Directa Plus (Italian Language Only)
The agreement with the Lomazzo company concerns projects for the processing of plastics, rubbers and non-woven fabrics. Riccardo Comerio: «Our challenge is to identify the possible uses of graphene in our machinery and plants for selected and qualified customers»  Graphene Circular Economy ReNylon
Comerio Ercole of Busto Arsizio, one of the most important engineering companies in the province of Varese, has signed an agreement with Directa Plus, a company listed on the London Stock Exchange and specialized in the production of pure graphene, to start joint research and development projects in the processing of plastics, rubbers and non-woven fabrics.
According to the agreement signed, Directa Plus will be able to use the laboratory for the Comerio Ercole prototypes for the process of polymers and elastomers with mixing and calendering machines, with the aim of producing and optimizing compounds containing Graphene Plus, a pure product extracted with a physical and non-chemical process. In addition to testing its technology for applications in the field of polymers and elastomers, Directa Plus will also promote its business and products to end consumers and users of the machines and systems marketed by Comerio Ercole, also through joint participation in international events and fairs.
That reached is an important agreement, because graphene, in addition to enriching the materials to which it is added by transferring some of its special features, has ample possibilities of use in all processing sectors, opening up a new research front for the company to achieve high-performance machinery for the new production processes that will be developed.

Agreement for research and development on graphene between Comerio Ercole and Directa Plus

-Unifi introduces new product, expands Repreve Our Ocean offerings

Through Repreve, Unifi has transformed more than 18 billion plastic bottles into recycled performance fibers.

Unifi Inc., Greensboro, North Carolina, will introduce a new product and further product expansion to the marketplace. The new additions include Repreve cationic-dyeable polyester and expanded Repreve Our Ocean offerings.Graphene Circular Economy ReNylon

Unifi continues to see strong interest in Repreve Our Ocean offerings since its launch as more customers are serious about reducing ocean plastics. Repreve Our Ocean is made with plastics collected within 50 kilometers of waterways or coastal areas in developing countries or regions, the company says in a news release.

Graphene Circular Economy ReNylon

-Coca-Cola’s Losing Battle to be Eco-Friendly

After recently announcing their plans for a more sustainable future, Coca-Cola has decided that they will still meet consumer demand for wasteful packaging, making their earlier claim as redundant as a message in a single-use plastic bottle.

Coca-Cola is one of the largest enemies in the War Against Plastic. In a global audit of plastic waste in 2019, Coca Cola was found to be the most polluting brand. The company is thought to produce in excess of 3 million tonnes of plastic packaging a year which works out at 200,000 bottles every minute.Graphene Circular Economy ReNylon

The firm made a big claim in stating that they aim to recycle as many plastic bottles as they produce by the year 2030.

Graphene Circular Economy ReNylon

-US PE margins remain pressured amid ongoing supply additions

Margins for US polyethylene (PE) producers remain under pressure following a year of compression in 2019. Prices and margins have declined over the past year as significant capacity expansions have come online even as global GDP slowed to the lowest growth rate in a decade.Graphene Circular Economy ReNylon

US PRODUCTION COST ADVANTAGE

PE producers in the US Gulf enjoy some of the most favourable production economics in the world thanks to the availability of low-cost ethane feedstocks. Costs of production in the US are similar to those in the Middle East and well below production costs for Asian and European naphtha-based producers.

US PE margins remain pressured amid ongoing supply additions

-Composite food wrap kills bacteria

We’ve recently heard about a number of experimental antibacterial food-wrap films, that could replace conventional polyethylene. The latter does have some desirable qualities, though, so scientists have now developed a composite made from it.

Among other things, the polyethylene film that we’re used to is strong, transparent, gas-permeable and water-resistant. It doesn’t kill bacteria, though, which is where the new material comes in.Graphene Circular Economy ReNylon

Created by a team at Pennsylvania State University, it incorporates a polysaccharide polymer known as pullulan, which is infused with a naturally-sourced antibacterial called Lauric arginate. Both pullulan and Lauric arginate are already approved for use in foods.

Composite food wrap kills bacteria

-Adding graphene to amorphous carbon random-access memories could lead to smaller memory devices that consume less power

​Researchers at Graphene Flagship partner the Cambridge Graphene Centre, University of Cambridge, have developed a new type of resistive memory that can be scaled down beyond current limitations.

They also collaborated with colleagues at Soochow University to discuss the state-of-the-art technology and evaluate the future of resistive memories based on graphene and related materials (GRMs). Graphene Circular Economy ReNylon

Furthermore, Graphene Flagship partners at CNRS, France, and CSIC and ICREA, Spain, along with SAC member Luigi Colombo, analysed the properties and device structures required for practical GRM-based memory devices to reach their potential.

Adding graphene to amorphous carbon random-access memories could lead to smaller memory devices that consume less power

Graphene Circular Economy ReNylon

Additives Circular Economy ReNylon 23-01-2020

Additives Circular Economy ReNylon 23-01-2020

Additives Circular Economy ReNylon

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Triad fibers maker to introduce new sustainable products

Greensboro-based Unifi Inc. (NYSE: UFI), one of the world’s leading makers of recycled and synthetic yarns, will introduce a new product and a product expansion at the Outdoor + Snow Show Jan. 29-31 in Denver.

As the company continues to work to meet sustainability and performance demands, Unifi will unveil its REPREVE cationic-dyeable polyester and its expanded REPREVE Our Ocean products.

Additives Circular Economy ReNylon

-Half of companies ignore carbon impact of plastic alternatives: Survey

Just under half (49%) of businesses have not examined the carbon impact of single-use plastic alternatives, despite growing pressure for companies to improve the sustainability and recyclability of product packaging in light of the climate crisis.

In contrast, 39% of the 287 respondents said their organisation had looked into the environmental effects of single-use plastic alternatives, and 34% said their organisation had publicly set a target to reduce their reliance on single-use plastics.

A further 12% did not know if their company had looked into plastic substitutes. Additives Circular Economy ReNylon 

Additives Circular Economy ReNylon

-VNPOLY, SSFC team up for yarn production

The Vietnam Petrochemical and Fiber Joint Stock Company (VNPOLY) and Shinkong Synthetic Fibers Corporation (SSFC) from China’s Taiwan have agreed to work together to produce drawn textured yarn (DTY) in Vietnam.Additives Circular Economy ReNylon 

The Vietnam Petrochemical and Fiber Joint Stock Company (VNPOLY) and Shinkong Synthetic Fibers Corporation (SSFC) from China’s Taiwan have agreed to work together to produce drawn textured yarn (DTY) in Vietnam.

Additives Circular Economy ReNylon

-Ecover relaunches biodegradable detergents in PCR plastic

Ecover is relaunching its biodegradable, plant-based laundry detergents.

The new variants – Bio, Colour and Dark – are packaged in bottles made from 100% post-consumer recycled PET plastic – widely recyclable.

The cap is made from 50% post-consumer recycled polypropylene and can be recycled with the bottle. Additives Circular Economy ReNylon 

Additives Circular Economy ReNylon

-TerraCycle announces new partnerships

The company has partnered with PopSockets and The Clorox Co.’s Glad business in January to launch new recycling programs.Additives Circular Economy ReNylon 

Trenton, New Jersey-based TerraCycle has announced it has entered into new partnerships with Boulder, Colorado-based PopSockets and Oakland, California-based The Clorox Co.’s Glad business this January to launch new recycling programs.

With PopSockets, which makes expandable phone grips, mobile tech and lifestyle accessories, TerraCycle is creating a free recycling program for PopSockets products, packaging and cellphone cases, TerraCycle reports in a news release on the partnership.

Additives Circular Economy ReNylon

-Italy worst textile polluter in Europe, UK 4th: study

Italy ranks as the worst textile polluter in Europe, with the country producing 466 tonnes of textile waste every year, according to new research from sustainable fashion brand LABFRESH, which found Italians spend a proportionately large amount on new clothing each year, at £920 per person. The United Kingdom ranked as the fourth worst offender.Additives Circular Economy ReNylon 

The United Kingdom’s total textile waste is less than half that of Italy, at 206 tonnes per year. Brits spend a similar annual sum on clothing to their Italian counterparts—at £980—despite the country’s gross domestic product per capita being 25 per cent higher.

Italy worst textile polluter in Europe, UK 4th: study Italy ranks as the worst textile polluter in Europe, with the country produc

-Toddler shames a driver who threw a plastic bottle onto the pavement by picking up the rubbish and returning it to him through the car window

  • Jiarui was walking in a Chinese city with his mother when he saw the bottle
  • Footage shows the boy picking up the piece of rubbish and handing it back
  • Web users have flocked to praise the child and urge adults to learn from him
  • The boy is ‘polite’, ‘curious’ and ‘respectful’ towards the elderly, his mum said

A one-year-old Chinese boy has taught a litter bug a lesson by picking up a plastic bottle thrown onto the pavement by the driver through the car window.

The toddler then gave the piece of rubbish back to the motorist by passing it to him through the same window.Additives Circular Economy ReNylon 

It is likely that the boy thought the driver had dropped the bottle by accident and was trying to help, according to his mother.

THROW A BOTTLE FROM THE CAR AND A CHILD COLLECTS IT. DO WE STILL BLAME THE PLASTIC? (Italian Language Only)
A driver throws a plastic bottle out of the car window. A little boy over a year old picks it up from the ground and returns it to the driver.the images of the video that arrives from eastern China make think, and went viral on the net.

Additives Circular Economy ReNylon

-ULMA urges mix of more recyclable plastics and switch of material

ULMA Packaging UK is continuing to work with a number of material suppliers to develop recyclable mono base materials.Additives Circular Economy ReNylon 

This follows a cross-party parliamentary group warning that firms are replacing plastic with potentially more harmful alternatives for the environment which ULMA said is a wake-up call for companies to redouble their sustainability efforts.

ULMA urges mix of more recyclable plastics and switch of material

-Zoppas Industries chooses eprcommunicazione for press and public affairs activities

In Italy, the plastic debate involves citizens, professionals and institutions, as well as those who work on concrete solutions, respecting health and the environment.

This is what SIPA, a Zoppas Industries company from Vittorio Veneto, is doing. It designed and built XTREME RENEW, the first system for the production of preforms for food use containing 100 per cent recycled PET starting from flakes, in a single heating cycle.Additives Circular Economy ReNylon 

The plant, the result of a unique project, is able to transform a potential waste into a resource through a complex process: the pet is recycled, the preform created, and the recycled plastic bottle produced. Finally, the blowing and bottling unit can also be added to the same machine.

-Zoppas Industries chooses eprcommunicazione for press and public affairs activities

-Barrier Bottle packaging: 9 fascinating facts

Qualifying as recyclable, reusable and refillable, the freshly patented, low-cost Barrier Bottle insulates the drink inside.Additives Circular Economy ReNylon 

David Fussell, president of VenturSource Consulting, is a prolific inventor, holding more than 30 patents worldwide. He has also been successful—the patented Ornamotion proved a holiday ornament sensation, selling more than 60 million units.

Fussell believes the Barrier Bottle that he co-invented is another winner, telling Packaging Digest, “I’ve been working with new products for a long time and have never been involved in a product that had such potential.”

Barrier Bottle packaging: 9 fascinating facts

 

Additives Circular Economy ReNylon

Additives CrudeOil ReNylon Textiles 22-01-2020

Additives CrudeOil ReNylon Textiles 22-01-2020

Additives CrudeOil ReNylon Textiles

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Benioff Ocean Initiative and The Coca-Cola Foundation announce $11 Million in funding to clean up rivers and stem flow of waste to oceans

Nine river clean-up programs across the world have been selected to receive a total of $11 million over the next three years as part of a unique partnership between The Coca-Cola Foundation and the Benioff Ocean Initiative at the University of California Santa Barbara’s Marine Science Institute.Bioplastic CrudeOil ReNylon Textiles

The partnership combines The Coca-Cola Foundation’s commitment to support behavioral-change projects regarding recycling and the Benioff Ocean Initiative’s expertise in developing innovative ways to collect and analyze waste from our rivers and oceans and address the plastic crisis.

Additives CrudeOil ReNylon Textiles

-Promoting a circular economy with sustainable packaging

A plastic packaging company have issued a statement highlighting that they are promoting the circular economy with its new sustainable packaging solutions.

Valgroup have drawn attention to a myriad of case studies that demonstrate how the circular economy for plastics can turn plastic into the ultimate sustainable material.

A number of trends are driving sustainability including rapid urbanisation, shifting demographics and consumer expectations, and an increasing acceptance that climate change and resource scarcity are pressing problems.Additives CrudeOil ReNylon Textiles 

Additives CrudeOil ReNylon Textiles

-China targets non-biodegradable plastic

Updated regulation launches campaign for better packaging solutions

China sought to restrict and ban the use of non-biodegradable plastic products by updating a plastic industry regulation on Sunday, 12 years after restrictions were first imposed on plastic bags. Additives CrudeOil ReNylon Textiles 

Released by China’s National Development and Reform Commission and the Ministry of Ecology and Environment, the document promotes alternative products, standardizes recycling and plastic waste use.

The regulation establishes and improves management systems for the production, use, recycling and disposal of plastic products.

Additives CrudeOil ReNylon Textiles

-Business Reporter: A New Dawn for Sustainable Packaging

Valgroup is promoting the circular economy with its sustainable packaging solutions.

A number of megatrends are driving sustainability including rapid urbanisation, shifting demographics and consumer expectations, and an increasing acceptance that climate change and resource scarcity are pressing problems.Additives CrudeOil ReNylon Textiles 

In fact, sustainability is now an unstoppable force that is driving businesses around the globe. In a newly released video, Cesar Sanches, Director of Strategic Marketing and Sustainability at Valgroup, explains why plastic, often vilified by sustainability pundits, is a wonderful material that can be manufactured and processed so that it contributes to sustainability rather than having a negative impact on the environment.

Additives CrudeOil ReNylon Textiles

-Coca-Cola HBC AG  have announced that they will be heavily investing into France to support sustainable development.

The firm said that alongside Coca-Cola European Partners PLC (LON:CCEP) they will invest as much as €1 billion over the next five years.Additives CrudeOil ReNylon Textiles 

At the Choose France Summit, Coca-Cola’s chair and chief executive in James Quincey announced a new “major investment plan” which expanded on the next five years.

Additives CrudeOil ReNylon Textiles

-MGC acquires Melchior Textil

MGC the textile manufacturing joint venture between the UK based Carrington Textiles and Portugal based TMG – Acabamentos Texteis SA, strategic finishing partner for Melchior Textil, has announced the acquisition of Melchior Textil GmbH (Germany) from HOS-Group.Additives CrudeOil ReNylon Textiles 

Additives CrudeOil ReNylon Textiles

-ISPO Munich Attendees to Get First Look at Latest LYCRA® Brand Innovations

The LYCRA Company is gearing up for a ground-breaking 2020 – a year that will include the launch of new fiber technologies for activewear, sportswear and athleisure apparel.

Many of these innovations – including LYCRA® FitSense™ technology, LYCRA® MyFit™ fiber and LYCRA® EcoMade fiber – will take centre stage this month at ISPO Munich.

Additives CrudeOil ReNylon Textiles

-ISPO Munich Attendees to Get First Look at Latest LYCRA® Brand Innovations

-Could a unique cellulose moulding technology replace single-use plastic?

Founded in 2015 by a father and son team, PulPac owns a patented technology that allows the moulding of cellulose into hard, durable packs.

And, following five years of innovation and graft, its technology is beginning to generate increased funding and interest from investors.Additives CrudeOil ReNylon Textiles 

So, what makes this solution stand out? Fin Slater spoke to CEO, Linus Larsson to find out.

Could a unique cellulose moulding technology replace single-use plastic?

-Freudenberg named finalist at plastic recycling awards

Freudenberg Performance Materials has been shortlisted for the Plastics Recycling Awards Europe 2020, in the category Building and Construction Product of the Year for the project The virtuous lifecycle of a PET bottle.Additives CrudeOil ReNylon Textiles 

Every year, the prestigious awards aim to recognize important achievements and developments in the use of recycled materials, product design and innovative manufacturing within the European plastics recycling industry.

The initiative is jointly organized by Plastics Recyclers Europe (PRE) and Crain Communications, which organizes the Plastics Recycling Show Europe.

Freudenberg named finalist at plastic recycling awards

-Avantium eyes easily recyclable, multi-layer packaging applications for PEF initiative.

“We are looking to replace those multi-layer films with a mono-layer of PEF that brings all the functionalities that people are looking for in terms of barriers and physical and mechanical properties.”Additives CrudeOil ReNylon Textiles 

Dutch renewable chemicals company Avantium aims to produce furandicarboxylic acid (FDCA) to help the bioeconomy supply chain to manufacture polyethylene furanoate (PEF) for high-value, easily-recyclable packaging applications, CEO Tom van Aken told Bio Market Insights.

Avantium eyes easily recyclable, multi-layer packaging applications for PEF initiative.

Additives CrudeOil ReNylon Textiles

Bioplastic CrudeOil ReNylon Textiles 21-01-2020

Bioplastic CrudeOil ReNylon Textiles 21-01-2020

Bioplastic CrudeOil ReNylon Textiles

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-PET-ase mutant enzyme degrades plastic at super-speed

Chemists at the University of Portsmouth in southern England have isolated an enzyme capable of breaking up PET molecules.

A bacterial enzyme, which is an organic microorganism made of protein combinations, could provide a cheap and fast solution for plastic waste recycling, as well as depleting mountains of PET lying in landfill around the world.

The bacterium, Ideonella sakaiensis 201-F6, was found by chance feeding on waste from an industrial PET recycling facility. PET has only been widely used since the 1970s, so the bacterium had evolved at breakneck speed to use the new food source.

Bioplastic CrudeOil ReNylon Textiles

-Indorama raises February MEG prices in the US by USD44 per ton

Indorama raises February MEG prices in the US by USD44 per ton

MOSCOW – Indorama Ventures Company Ltd (IVL), the world leader in the production of polyethylene terephthalate (PET), raises the prices of monoethylene glycol (MEG) for supplies to the United States in February by 2 cents per pound (USD44 per ton), according to company message.

The company said the reason for the increase was reduced supply and increased demand, as well as rising prices in Asia. Prices in Asia, which tend to affect the cost of MEGs in the United States, are rising amid declining stocks at ports.

-Benioff Ocean Initiative and The Coca-Cola Foundation announce $11 Million in funding to clean up rivers and stem flow of waste to oceans

January 17, 2020 | Global themes | The Coca-Cola Company | Atlanta | United States

Nine river clean-up programs across the world have been selected to receive a total of $11 million over the next three years as part of a unique partnership between The Coca-Cola Foundation and the Benioff Ocean Initiative at the University of California Santa Barbara’s Marine Science Institute.Bioplastic CrudeOil ReNylon Textiles

The partnership combines The Coca-Cola Foundation’s commitment to support behavioral-change projects regarding recycling and the Benioff Ocean Initiative’s expertise in developing innovative ways to collect and analyze waste from our rivers and oceans and address the plastic crisis.

Bioplastic CrudeOil ReNylon Textiles

-IIT-Bombay develops plastic-like films for packaging industry

In an effort to counter plastic pollution, the Indian Institute of Technology – Bombay (IIT-B) has developed plastic-like films for the packaging industry that can degrade into harmless components.Bioplastic CrudeOil ReNylon Textiles

The institute has developed a product that is a combination of non-toxic, edible sugar-based or fat-based biopolymers approved by the Food Safety and Standards Authority of India that can degrade in about a week or a month.

Researchers said at present high-density polyethylene (HDPE) is the standard non-degradable plastic barrier film, used for both consumer goods and food, by most packaging industries in India and overseas.

Bioplastic CrudeOil ReNylon Textiles

-US team looks to get feed proteins and enzymes from microalgae

US researchers are seeking to generate feed proteins and enzymes from microalgae as part of a larger goal of improving the sustainability of US broiler production.

The US Department of Agriculture awarded a $9.95m, five-year grant to Cornell University and the University of Arkansas along with partnering institutions to explore ways to develop poultry feed ingredients and improve water use during poultry production.Bioplastic CrudeOil ReNylon Textiles

The multi-university research group is exploring ways to improve broiler production including assessing microalgae as an alternative protein ingredient to replace a portion of soybean meal in broiler feed, said Xingen Lei, co-principal investigator and professor in the department of animal science at Cornell. Globally there continues to be a need for more protein and that trend is going to continue.

Bioplastic CrudeOil ReNylon Textiles

-Sugarcane Based PET Bottle Market : The report gives immense knowledge on the competitive nature of key players

The ‘Sugarcane Based PET Bottle market’ study offers an in-depth analysis of the current market trends influencing this business vertical.

The study also includes market valuation, market size, revenue forecasts, geographical spectrum and SWOT Analysis of the industry. In addition, the report depicts key challenges and growth opportunities faced by the industry bigwigs, in consort with their product offerings and business strategies.Bioplastic CrudeOil ReNylon Textiles

A collective analysis of Sugarcane Based PET Bottle market offering an exhaustive study based on current trends influencing this vertical across various geographies has been provided in the report.

Sugarcane Based PET Bottle Market : The report gives immense knowledge on the competitive nature of key players

-Inside Lucozade Ribena Suntory’s plastics strategy

As its parent company strives to eliminate virgin fossil-fuel-based plastics from its packaging portfolio across Europe by 2030, Lucozade Ribena Suntory (LRS) has provided edie with an exclusive, deeper dive into its plastics strategy.

Announced in September 2019, Suntory’s commitment to switch to 100% “sustainable” plastics across its European packaging portfolio made headlines.

While many praised the company’s boldness in removing virgin, fossil-based plastics from some of the continent’s most recognisable soft drinks brands including Lucozade, Ribena and TriNa, concerns were raised about what “sustainable” really means in the plastics context. Bioplastic CrudeOil ReNylon Textiles

Inside Lucozade Ribena Suntory's plastics strategy

-Bioplastics continue to blossom—are they really better for the environment?

Replacing plastic looks hard, but alternatives to fossil fuel materials are on the rise.

The English metallurgist Alexander Parkes never saw the widespread realization of his spectacular 19th-century invention, celluloid, the first plastic.

While a revolutionary breakthrough, Parkesine, as it was called, was expensive and brittle. It was used in objects like buttons and combs, but ultimately quality control issues led Parkes’ company to bankruptcy in 1868 just 12 years after the discovery.

Parkesine, however, was also the first bioplastic—a plastic made from renewable plant material instead of fossil fuels. Bioplastic CrudeOil ReNylon Textiles

And today with the environmental impact of plastics increasingly on the public mind, bioplastics are making a big comeback.

Bioplastic CrudeOil ReNylon Textiles

-Plastics policies will harm China’s PE imports

Polyethylene (PE) import volumes into China are likely to be impacted by policies announced by the country’s National Development and Reform Commission and the Ministry of Ecology and Environment, which are aimed at restricting the production, sale and use of single-use plastics.Bioplastic CrudeOil ReNylon Textiles

Non-degradable bags will be banned in major Chinese cities by the end of this year, and in all cities and towns by 2022. Markets selling fresh produce, however, will be exempt from the bag ban until 2025.

Plastics policies will harm China’s PE imports

-Unifi Introduces New Fiber Solutions at 2020 Outdoor + Snow Show

Unifi, Inc. one of the world’s leading innovators in recycled and synthetic yarns, will introduce a new product and further product expansion to the marketplace at this year’s Outdoor + Snow Show in Denver. Bioplastic CrudeOil ReNylon Textiles

The new additions, consistent with meeting sustainability and performance demands, include REPREVE® cationic-dyeable polyester and expanded REPREVE® Our Ocean™ offerings.

Unifi Introduces New Fiber Solutions at 2020 Outdoor + Snow Show

Bioplastic CrudeOil ReNylon Textiles

Bioplastic CrudeOil ReNylon Recycling 20-01-2020

Bioplastic CrudeOil ReNylon Recycling 20-01-2020

Bioplastic CrudeOil ReNylon Recycling

Petrochemical Polymers Monoethylene Glycol Prices

Bioplastic CrudeOil ReNylon Recycling

Crude Oil Prices Trend

Crude Oil Prices Trend

-Libya’s military strongman halts oil exports ahead of peace talks

Khalifa Haftar cuts country’s economic lifeblood in effort to gain leverage

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Khalifa Haftar, the military strongman trying to seize political power in Libya, has halted oil shipments from ports under his control as he attempts to gain leverage ahead of peace talks in Berlin on Sunday.At least 800,000 barrels a day of crude supplies worth roughly $55m per day, the economic lifeblood of the country, have been halted, according to the National Oil Corporation (NOC), the state-owned oil company. The country was pumping around 1.3m b/d previously.

Libya’s military strongman halts oil exports ahead of peace talks

-Solving the Polypropylene waste issue

As policy makers, governments and organisations around the world continue to explore ways to reduce or eliminate the amount of plastic packaging sent to landfills, recyclers have been hampered by their limited capacity to sort plastic by polymer type. Professor Edward Kosior of Nextek discusses the latest developments that support Polypropylene waste sorting. Bioplastic CrudeOil ReNylon Recycling

It is not widely known that despite Polypropylene (PP) being one of the main materials to be used in consumer goods packaging it is the least recycled material in the packaging recycling stream. In fact it is virtually non-existent as a food-grade recycled material. Yet it also happens to be one of the easiest polymers to recycle, if recyclers could only identify its past history during the sorting process. The reason PP is not available as a food grade recycled material is due to the inability to separate food grade from non-food grade PP.

Bioplastic CrudeOil ReNylon Recycling

-Germany hosts Berlin summit to discuss ways out Libya crisis

Germany is bringing together the key players in Libya’s long-running civil war in a bid to curb foreign military meddling, solidify a cease-fire and help relaunch a political process to determine the North African nation’s future.

Chancellor Angela Merkel invited leaders from 12 countries as well as the United Nations, the European Union, the African Union and the Arab League to Jan. 19’s summit at the chancellery in Berlin. Germany’s months-long diplomatic drive seeks to bolster efforts to stop the fighting in Libya by U.N. Secretary-General Antonio Guterres and his envoy for Libya, Ghassan Salame.

Germany hosts Berlin summit to discuss ways out Libya crisis

-December ends with price drops for polypropylene and PET bottle resin

For North American commodity resins, 2019 came to a close with lower prices in December for polypropylene and PET bottle resin.Bioplastic CrudeOil ReNylon Recycling

Prices for polyethylene, PVC and solid polystyrene were flat for the month, while engineering resins polycarbonate and nylon 6/6 also saw lower prices in late 2019.

Bioplastic CrudeOil ReNylon Recycling

-UKRI versus unsustainable plastics

UK Research and Innovation (UKRI) has launched two new competitions to develop smarter, greener, safer and more easily recyclable plastics.

Up to £8m (~€9m) funding will help researchers develop recycling systems that can cope with rising volumes and enable academics to analyse how package design impacts consumer behaviour – which could help businesses design and produce sustainable, appealing packaging. Bioplastic CrudeOil ReNylon Recycling

Bioplastic CrudeOil ReNylon Recycling

-UK named fourth largest textile waste producer in Europe

The study found each Briton throws away about 3.1kg of textiles every year, and that 1.7kg of fashion waste is landfilled yearly per person.Bioplastic CrudeOil ReNylon Recycling

The UK clothing industry is the third largest in Europe and the study found British consumers spend £980,50 a year on new clothes.

Italy was found to be the “least sustainable” country in terms of fashion waste.

Bioplastic CrudeOil ReNylon Recycling

-Asian petchem markets take a breather ahead of Lunar New Year

Asia’s petrochemical markets have slowed down ahead of the Lunar New Year holiday as manufacturing activity dwindles, limiting trade activity in the region.

Market players typically hold off purchasing fresh spot cargoes as the holiday draws near, with regional factories also lowering their production levels.

The Lunar New Year, which falls on 25 January, is celebrated in most parts of southeast and northeast Asia with the holiday period ranging from two days to a full week. Bioplastic CrudeOil ReNylon Recycling

Bioplastic CrudeOil ReNylon Recycling

-Materials maker Ampacet wants to revive recycling markets with a new line of masterbatch concentrates.

ReVive-brand compatibilizers are blends of functional additives that can reduce the amount of material sent to landfills by allowing post-industrial and post-consumer barrier films to be reprocessed back into the polyolefin recycling stream, officials with Tarrytown, N.Y.-based Ampacet said in a recent news release.Bioplastic CrudeOil ReNylon Recycling

Materials maker Ampacet wants to revive recycling markets with a new line of masterbatch concentrates

-CCL to acquire Polish BOPP films operation

CCL Industries has signed a binding agreement to acquire Polish BOPP film producer Flexpol for an estimated 22 million USD on a debt/cash free basis with closing expected in the first quarter of 2020.Bioplastic CrudeOil ReNylon Recycling

One of the largest Polish polypropylene products manufacturers reached approximately 70 million USD in 2019 focusing entirely on flexible packaging customers, with an adjusted 3.7 million USD EBITDA.

CCL to acquire Polish BOPP films operation

-Gulf’s use of oxo-degradable plastics is toxic for environment

Thank you for reading the news about Gulf’s use of oxo-degradable plastics is toxic for environment and now with the detailsAden – Yasmine El Tohamy – Plastics and single-use plastics have been a recent hot topic; take for example Dubai Airport’s pledge to ban single use plastics in 2020.However, there is a serious need to investigate the benefit of current policies in place. Bioplastic CrudeOil ReNylon Recycling

To gain a deeper insight, particularly the area of plastic in the wider Gulf region, The New Arab speaks with a COO of a leading UAE plastic manufacturer as well as Dr Akram Madanat of Karak Star for Recycling in Jordan.

Gulf's use of oxo-degradable plastics is toxic for environment

-Asia’s naphtha cracks fall to four-day low

Asia’s naphtha front-month crack for first-half March fell to a four-session low of $89.82 a tonne on Thursday, dragged down by a cracker outage in Japan that came at a time of cracker run cuts across Asia. Bioplastic CrudeOil ReNylon Recycling

Asahi Kasei Mitsubishi Chemical Ethylene Corp, a joint venture of Asahi Kasei Corp and Mitsubishi Chemical Corp, has suspended operations at its 567,000 tonnes per year naphtha cracker in Mizushima, Japan, on Tuesday after a malfunction in the refrigerant system, the company said.

Asia’s naphtha cracks fall to four-day low

Bioplastic CrudeOil ReNylon Recycling

Bioplastic CrudeOil rPET Recycling 18-01-2020

Bioplastic CrudeOil rPET Recycling 18-01-2020

Bioplastic CrudeOil rPET Recycling

-RKW showcasing sustainable film solutions at Upakovka

At this year’s Upakovka, Russia’s largest trade fair for processing and packaging machinery, RKW will be presenting its sustainable plastic packaging solutions for industrial purposes.

This topic is currently gaining traction in the Russian market, which is why film specialist RKW will be attending the fair for the first time since 2015 – sending a clear signal and underlining its position as the leading provider of sustainable industrial packaging in Russia.

Bioplastic CrudeOil rPET Recycling

-Nestlé Invests €1.9bn In Innovative Sustainable Packaging Solutions

Nestlé today announced that it will invest up to €1.9 billion (CHF 2 billion) to lead the shift from virgin plastics to food-grade recycled plastics and to accelerate the development of innovative sustainable packaging solutions.

Building on its 2018 commitment to make 100% of its packaging recyclable or reusable by 2025, Nestlé will reduce its use of virgin plastics by one third in the same period whilst working with others to advance the circular economy and endeavor to clean up plastic waste from oceans, lakes and rivers, the confectionary giant said.Bioplastic CrudeOil rPET Recycling

Bioplastic CrudeOil rPET Recycling

-Inside Henkel’s plastics packaging strategy

EXCLUSIVE: Henkel’s international director of packaging technology Thorsten Leopold has outlined how and why the company developed its three-pronged plastics strategy, and how the framework’s targets have helped the multinational take plastic action “beyond its own four walls”. Bioplastic CrudeOil rPET Recycling

Launched in September 2018, when the Blue Planet effect was undeniably dominating the sustainability conversation, Henkel’s plastics strategy covers three core pillars: using materials from sustainable sources, using smart design and closing the loop.

Bioplastic CrudeOil rPET Recycling

-NGOs demand EPR for carpets

Two years ago, the European Carpet and Rug Association (ECRA) announced actions to strengthen the reuse and recycling of carpets in Europe.

Environmental Action Germany (DUH), Zero Waste Europe (ZWE), Zero Waste France, Changing Markets, the Health and Environment Alliance (HEAL) and United Kingdom Without Incineration Network (UKWIN) have today criticised the progress made to be insufficient, stating that the carpet industry is stalling for time instead of developing efficient circular economy measures.Bioplastic CrudeOil rPET Recycling

Mandatory Extended Producer Responsibility (EPR) schemes at EU level are needed to push for a transition to a toxic-free circular economy in the carpet industry.

Bioplastic CrudeOil rPET Recycling

-Biodegradable packaging additive claims spark debate

Numerous commercial trials of a packaging additive said to “enhance biodegradability” in landfill and the ocean, while not interfering with recycling, and which can be added to standard fossil-derived plastics, are under way.

However, the substance is coming under close scrutiny following ambitious claims made by the additive supplier and by converters.Bioplastic CrudeOil rPET Recycling

Bioplastic CrudeOil rPET Recycling

-First COMPEO compounding system for colour masterbatch in operation

Only announced to the plastics industry in the run-up to K 2019, a COMPEO 88 compounder from BUSS is already in industrial use. The first user is a multinational masterbatch manufacturer, which has been producing color masterbatches with this system since late October 2019.Bioplastic CrudeOil rPET Recycling

Gentle yet emphatic pressure build-up in the conical twin-screw discharge unit contributes significantly to high process consistency and uniform product quality

First COMPEO compounding system for colour masterbatch in operation

-Debenhams launches new sustainability programme

Debenhams, has launched a new sustainability programme with ambitious targets as it aims to set new benchmarks for UK department store retailing in the 2020s.

The new targets build on the progress made by Debenhams in the last year. In 2019, the business reduced by 22% the amount of packaging it uses, sourced over 2m garments made from sustainable cotton and reduced the number of clothes hangers sent from its stores to landfill to zero.Bioplastic CrudeOil Plastic Recycling

Debenhams launches new sustainability programme

-Avangard to supply Dow with PCR pellets

Dow signed a deal to buy recycled polyethylene pellets from Avangard Innovative, allowing the petrochemical giant to provide recycled-content plastic to North American customers for the first time.Bioplastic CrudeOil rPET Recycling

Dow, a global plastic and chemical company, announced today it will combine its virgin PE with Avangard Innovative’s post-consumer resin (PCR), as part of the exclusive agreement. Potential end markets for the resulting recycled-content LLDPE and LDPE pellets include garbage bags, shrink wrap and protective packaging. The PCR-based pellets are expected to be available to Dow’s customers later this year.

Avangard to supply Dow with PCR pellets

-The Rapid Interview: “A more valuable commodity is inherently less disposable”

Tom Mowat, CEO and Co-founder at Vesta Smart Packaging talks disposability, disruption, and smart packaging.

Your elevator pitch: introduce and sell us your company in no more than 280 characters.Bioplastic CrudeOil rPET Recycling

We all need to use less plastic. Vesta uses smart packaging to help manufacturers and consumers do this by making packaging work for them; providing convenience for consumers and new direct customer relationships for manufacturers.

The Rapid Interview: "A more valuable commodity is inherently less disposable"

Bioplastic CrudeOil rPET Recycling

Bioplastic CrudeOil Plastic Recycling 17-01-2020

Bioplastic CrudeOil Plastic Recycling 17-01-2020

Bioplastic CrudeOil Plastic Recycling

Crude Oil Prices Trend

Crude Oil Prices Trend

-Covestro and GAC Group in concept car collaboration

Covestro has partnered with the Research and Development Center of Guangzhou Automobile Group Co Ltd. (GAC R&D Center) to develop a lightweight composite seat back for the Chinese car manufacturer’s latest electric concept car, the ENO.146.

Together with the Research and Development Center of the Chinese car manufacturer GAC, Covestro is developing a new lightweight construction concept for seat backrests for its ENO.146 concept car, with the aim of reducing the weight of the car while raising the bar for sustainability.

Bioplastic CrudeOil Plastic Recycling

-Hyosung Meets Demand for Eco-Friendly Goods With Suite of Recycled Fibers

As sustainably made products have become more of a consumer expectation than just an industry trend, brands are relying on strong collaborations with their supply chain to make apparel and gear that consumers feel good about purchasing.

To help brands produce enduring, eco-friendly products their customers are anticipating, leading fibre manufacturer Hyosung has developed its new regen sustainability program of 100% recycled multi-performance fibres that will be introduced at ISPO Munich, from 26-29 January 2020.Bioplastic CrudeOil Plastic Recycling

Bioplastic CrudeOil Plastic Recycling

-MEG spot prices in Europe rose

MOSCOW Spot prices for monoethylene glycol (MEG) in Europe rose amid increasing demand and delays in import supplies, ICIS reports .

In early January, European wholesale MEG prices rose due to increased demand, increased spot purchases and limited supplies of imported materials.

2019 was a difficult year due to an increase in global capacities, and a decrease in demand, which led to a record decline in prices.

MEG spot prices in Europe rose

-New fluorescent tech can light up food packaging recycling rates

Current sustainability objectives and the drive to a more effective circular economy have increased the demand for recycled materials in packaging, yet despite this the biggest hurdle to boosting the amount of recycled plastic for food packaging remains the poor quality of recyclates.NexTek-Bottle-Scan-Recycling-Fluorescent

One of the key limitations of the current technologies is that whilst recyclers can sort plastic by polymer type, they can’t readily identify what the product once contained.

Bioplastic CrudeOil Plastic Recycling

Bioplastic CrudeOil Plastic Recycling

-OPEC sees growing supply threat from rivals beyond U.S. shale

OPEC’s latest forecasts suggested a weaker outlook for global oil markets this year as surging supplies from competitors from Norway to Guyana threaten the group’s efforts to defend crude prices.

The organization and its allies — which together account for about half the world’s oil output — are embarking on a fresh round of production cuts as another year of booming rival supplies threatens to unleash a new glut. OPEC’s latest monthly report shows their challenge extends far beyond the shale patch of Texas and North Dakota.

The Organization of Petroleum Exporting Countries boosted forecasts for growth in output from non-members in 2020 by 180,000 barrels a day to 2.35 million a day, as offshore projects once seen unfeasible in an era of lower oil prices take off. While the outlook for the U.S. was lowered, America will still account for almost two thirds of the new output.Bioplastic CrudeOil Plastic Recycling

Bioplastic CrudeOil Plastic Recycling

-UK R-PET colourless flake prices drop on virgin PET competition

Colourless recycled polyethylene terephthalate (R-PET) spot prices have seen significant reductions because of pressure caused by low virgin PET prices, market sources said this week.

The three-digit drop at the low end of the price range was a result of sellers offering significantly lower prices in order to secure business from buyers tempted to switch back to virgin.

Prices below £700/tonne FD UK were also heard in the market but these were not widely confirmed, though prices could still come under pressure if the virgin market remains at low levels.Bioplastic CrudeOil Plastic Recycling

UK R-PET colourless flake prices drop on virgin PET competition

-Dow, Avangard to bring post-consumer grades of PE to North America

Materials giant Dow Inc. and recycling leader Avangard Innovative LP are teaming up to offer recycled-content resins to North American plastics processors.

Dow of Midland, Mich., and Avangard of Houston announced the partnership Jan. 15. Avangard will supply Dow with post-consumer (PCR) grades of low and linear low density polyethylene sourced from plastic film. Dow then will combine this material with its own virgin grades of LDPE and LLDPE.Bioplastic CrudeOil Plastic Recycling

Bioplastic CrudeOil Plastic Recycling

-European R-PET sentiment dominated by upstream costs, geopolitics

The direction of virgin polyethylene terephthalate (PET) prices and the availability of post-consumer material, together with ever-increasing demand from brands and fast moving consumer goods (FMCGs) for certain grades of recycled material, are all impacting recycled PET (R-PET) sentiment into the new year, according to market sources.Bioplastic CrudeOil Plastic Recycling

Many R-PET buyers and sellers are watching the virgin PET market and upstream feedstocks paraxylene (PX) and monoethylene glycol (MEG) in an attempt to understand where R-PET prices may go in the first quarter.

European R-PET sentiment dominated by upstream costs, geopolitics

-Roica invites ‘reversed’ journey in sustainable sportswear

For 2020 edition of ISPO Munich from January 26-29, the fashion and textile fair dedicated to sportwear & athleisurewear, Roica has created an interactive booth inviting visitors to explore a backward path from final sportwear to yarn. The sustainable premium stretch fibre by Asahi Kasei, has conceived the exhibition as a ‘reversed’ journey in three acts.Bioplastic CrudeOil Plastic Recycling

At ISPO, Roica will present the new Global Recycled Standard -GRS- certified Roica EF which innovates with excellent dyeability and the Cradle to Cradle Material Health Gold level-certified Roica V550 yarn which allows excellent and durable printability.

Roica invites 'reversed' journey in sustainable sportswear

-New PET bottle recycling rule effective on Feb. 1

In 2018, a waste crisis occurred in Seoul after private waste collectors refused to pick up plastic, leading to the central government banning the use of plastic bags and cups in big supermarkets and coffee shops nationwide.

Starting from Feb. 1, residents of the capital will face another consequence. The city will collect plastic bottles made of polyethylene terephthalate ― simply known as PET ― separately  Bioplastic CrudeOil Plastic Recycling

Residents will have to put PET bottles in separate bags for collectors to pick them up. The new rule will only be applied to transparent water PET bottles ― colored beer and soda bottles and transparent milk bottles will be excluded. The new PET collections will be on Thursday only.

New PET bottle recycling rule effective on Feb. 1

Bioplastic CrudeOil Plastic Recycling

Petrochemicals Bioplastic Crude Oil 16-01-2020

Indorama February Monoethylene Glycol

Indorama February Monoethylene Glycol

Indorama raises February MEG prices in the US by USD44 per ton

Indorama February Monoethylene Glycol

MOSCOW – Indorama Ventures Company Ltd (IVL), the world leader in the production of polyethylene terephthalate (PET), raises the prices of monoethylene glycol (MEG) for supplies to the United States in February by 2 cents per pound (USD44 per ton), according to company message.

The company said the reason for the increase was reduced supply and increased demand, as well as rising prices in Asia. Prices in Asia, which tend to affect the cost of MEGs in the United States, are rising amid declining stocks at ports.

Earlier it was reported that Shell Chemicals announced an increase in the contract price of monoethylene glycol (MEG) for deliveries in February to the US market by 2 cents per pound or USD44 per ton. The price increase will take effect on February 1 and is consistent with the terms of current contracts. Indorama February Monoethylene Glycol

The main manufacturers of MEGs in the USA are Eastman Chemical, Huntsman, Indorama Ventures, LyondellBasell, Nan Ya Plastics, Shell Chemical and MEGlobal.

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

According to the ICIS-MRC Price Review , at the end of December last year, activity in the external PET markets was very low amid holidays in Europe. Prices in the Chinese market remained at the level of the second half of the third week of December. Activity in the Russian spot PET market at the end of 2019 increased sharply. Free volumes for spot buyers in a significant amount remained only at the Kaliningrad plant Ecopet.

Indorama Ventures PLS is one of the world’s leading manufacturers of PET, TPA, MEG (in the USA), as well as polyester filaments and fibers. Indorama February Monoethylene Glycol

mrcplast.ru

Author:

Anna Larionova

Indorama February Monoethylene Glycol

Petrochemical Polymers Monoethylene Glycol Prices

Petrochemical Polymers Monoethylene Glycol

 

Polyestertime
ITEM13/01/202020/01/2020+/-
Bottle grade PET chips domestic market6,575 yuan/ton6,575 yuan/ton
Bottle grade PET chips export market850 $/ton850 $/ton
Filament grade Semidull chips domestic market

Petrochemical Polymers Monoethylene Glycol

6,350 yuan/ton6,300 yuan/ton-50
Filament grade Bright chips domestic market6,450 yuan/ton6,400 yuan/ton-50
Pure Terephthalic Acid PTA domestic market4,845 yuan/ton4,860 yuan/ton+15
Pure Terephthalic Acid PTA export market
610 $/ton 610 $/ton
Monoethyleneglycol MEG domestic market5,475 yuan/ton5,155 yuan/ton-320
Monoethyleneglycol MEG export market615 $/ton595 $/ton-20
Paraxylene PX FOB  Taiwan market818 $/ton816 $/ton-2
Paraxylene PX FOB  Korea market800 $/ton798 $/ton-2
Paraxylene PX FOB EU market

Petrochemical Polymers Monoethylene Glycol

728 $/ton726 $/ton-2
Polyester filament POY 150D/48F domestic market7,180 yuan/ton7,170 yuan/ton
-10
Recycled Polyester filament POY  domestic market7,050 yuan/ton7,050 yuan/ton
Polyester filament DTY 150D/48 F domestic market8,900 yuan/ton8,950 yuan/ton+50
Polyester filament FDY 68D24F domestic market 8,250 yuan/ton8,250 yuan/ton
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Monoethylene Glycol
7,700 yuan/ton7,700 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market7,030 yuan/ton7,030 yuan/ton
Caprolactam CPL domestic market11,200 yuan/ton11,200 yuan/ton
Caprolactam CPL overseas  market1,280 $/ton1,290 $/ton+10
Nylon6 chips overseas  market1,570 $/ton1,570 $/ton+10
Nylon6 chips conventional spinning domestic  market12,150 yuan/ton12,350 yuan/ton+200
Nylon6 chips  high speed spinning domestic  market12,200 yuan/ton12,200 yuan/ton
Nylon 6.6 chips domestic  market22,600 yuan/ton22,600 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Monoethylene Glycol

14,150 yuan/ton14,350 yuan/ton+200
Nylon6 Filament DTY 70D/24F domestic  market17,000 yuan/ton17,150 yuan/ton+150
Nylon6 Filament FDY  70D/24F  domestic  market15,400 yuan/ton15,500 yuan/ton+100
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 market8,050 yuan/ton8,050 yuan/ton
Benzene domestic market5,970 yuan/ton5,900 yuan/ton-70
Benzene overseas  market726 $/ton731 $/ton –+5
Ethylene South East market700 $/ton715 $/ton+15
Ethylene NWE  market844 $/ton860 $/ton+16
Acrylonitrile ACN  domestic market10,700 yuan/ton10,700 yuan/ton
Acrylonitrile ACN  overseas market1,450 $/ton1,450 $/ton
Acrylic staple fiber ASF  domestic market14,200 yuan/ton14,700 yuan/ton+500
Viscose Staple Fiber VSF  domestic market9,500 yuan/ton9,600 yuan/ton+100
PP Powder domestic market7,550 yuan/ton7,300 yuan/ton-250
Naphtha overseas market 

Petrochemical Polymers Monoethylene Glycol

560 $/ton561 $/ton
+1
Phenol domestic market 7,475yuan/ton7,475 yuan/ton
PS Taiwan 5250 GPPS1,085 $/ton 1,074 $/ton-11
PS Taiwan 8250 HIPS1,183 $/ton 1,181 $/ton-2
LDPE CFR Far East 922 $/ton922 $/ton
LLDPE CFR Far East862 $/ton862 $/ton
LDPE   FOB Middle East909 $/ton909 $/ton
LLDPE FOB Middle East849 $/ton849 $/ton
HDPE CFR Far East849 $/ton869 $/ton+20
LDPE FD Northwest Europe 923 €/ton923 €/ton+10
LLDPE FD Northwest Europe 913 €/ton913 €/ton+10
Homopolymer PP CFR Far East895 $/ton930 $/ton+35
Homopolymer PP FD NWE971 €/ton971 €/ton

Petrochemical Polymers Monoethylene Glycol

Monoethylene Glycol Europe Prices

Monoethylene Glycol Europe Prices

MEG spot prices in Europe rose

Monoethylene Glycol Europe Prices

MOSCOW- Spot prices for monoethylene glycol (MEG) in Europe rose amid increasing demand and delays in import supplies, ICIS reports .

In early January, European wholesale MEG prices rose due to increased demand, increased spot purchases and limited supplies of imported materials.

2019 was a difficult year due to an increase in global capacities, and a decrease in demand, which led to a record decline in prices. Monoethylene Glycol Europe Prices

The market became much more liquid with the onset of January, when players replenished stocks of material after the Christmas holidays, starting from a year with rising prices.

In the week ending January 10, prices rose EUR35 per tonne at the low and EUR55 per tonne at the high, resulting in a range of EUR465-500 per tonne, CIF NWE.

Stocks tend to be minimized at the end of the year, and in January consumers are focused on restoring stocks.Monoethylene Glycol Europe Prices

Prices in Europe remain low. Spot MEG prices in Asia rose last week due to higher crude oil prices amid tensions between the US and Iran.

On Monday, January 13, 1,000 tons were sold at a price of EUR510 per tonne, CFR NWE for delivery in January.

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

According to ScanPlastof Market Report, the estimated PET consumption in Russia grew by 2% in January-November last year compared to the same period a year earlier and amounted to 639.58 thousand tons.

The total estimated material consumption in November last year decreased by 22% compared to the same month of 2018 and amounted to 46.16 thousand tons against 59.34 thousand tons last year.

mrcplast.ru

Author: Anna Larionova

Petrochemicals Bioplastic Crude Oil 16-01-2020

Monoethylene Glycol Europe Prices

Petrochemicals Bioplastic Crude Oil 16-01-2020

Petrochemicals Bioplastic Crude Oil

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-What to Analyze About the China Petroleum & Chemical Corporation (SNP)?

Performance of the SNP Stock:

China Petroleum & Chemical Corporation revealed performance of -1.68% during the period of last 5 trading days and shown last 12 months performance of -21.54%.

The stock moved to -8.35% in last six months and it maintained for the month at 8.15%.

The stock noted year to date 2019 performance at 1.26% and changed about 1.72% over the last three months.

The stock is now standing at -30.13% from 52 week-high and is situated at 10.87% above from 52-week low price.

Petrochemicals Bioplastic Crude Oil

-NexTex To Launch TurboDry™ At OutDoor Retailer

NexTex Innovations announced today that it will introduce TurboDry Technology, a new category of high-performance fabric at January’s Outdoor Retailer Show.

TurboDry patent-pending fabrics incorporate a revolutionary drying technology that relies on the principals of biomimicry — design inspired by nature — to quickly transport moisture, in one direction, away from the wearer’s skin to its exterior.

This process, based on the physics of contact angles and capillary action, keeps wearers dry and is more durable and sustainable than chemically-coated alternatives. Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Static Bottle Recycling Rate is Insufficient to Meet CPG Demands for rPET

A new report shows a U.S. recycling rate for PET and HDPE bottles of 28.9% in 2018, far below the volume needed to meet CPG’s upcoming goals around the use of recycled content.Petrochemicals Bioplastic Crude Oil

While a recent press release from the Association of Plastic Recyclers (APR) and the American Chemistry Council proclaims, “Plastic Bottle Recycling Strong Despite Challenges,” a 28.9% recycling rate for PET and high-density polyethylene bottles in 2018 lags far behind the rates recorded in Europe—and far behind the rates that will be needed to fulfill the numerous commitments made by Consumer Packaged Goods companies to use more recycled content in their packaging by 2025.

Petrochemicals Bioplastic Crude Oil

-IS PLASTIC BIODEGRADABLE? THE MYTHS AND FACTS ABOUT BIODEGRADABLE PLASTIC

Plastic, in the form of bottles, bags, packaging materials, furniture and more, has become an integral part of our current life.

However, there are increasing problems due to excessive use of plastic, which has caused a global alarm. Today’s world strives for a plastic detox.

Starting with petitions for plastic-free shopping in supermarkets to ensuring that only recyclable packaging is used to transport products as much as possible; both companies and individuals are taking advantage of the plastic-free bandwagon.

While some switch to natural alternatives to plastic, others look for biodegradable plastic options. Is there really such a thing as biodegradable plastic?Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Studio Aisslinger and Trevira Predict Textiles’ Future at Heimtextil 2020

In a future according to Werner Aisslinger, public transportation is cozy, healthcare environments are inviting, and cars—self-driving—are communicative lounges.

Last week at home and contract textile trade show Heimtextil, the German designer, founder of his namesake firm Studio Aisslinger, teamed up with Trevira, manufacturer of flame retardant polyester fiber Trevira CS, to present “Textile Future by Trevira CS.”

The 21,500-square-foot installation addressed the potential of textiles in tomorrow’s public spaces, hospitality, healthcare, mobility, and workspace design. Some 250 Trevira CS products were used in the stand, in order to demonstrate various possibilities and applications.Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-First Dornbirn global fiber congress in Asia

The first edition of the congress will take place on 3 and 4 in March of 2020 in Daegu, South Korea

The close collaboration between the Austrian Fibers Institute, the Korean textile federation KOFOTI and the technological institute DYETEC has allowed the organization of 1r Dornbin-GFC Congress For the Asian market.

Participants from the entire value chain of the textile sector are expected to attend this event between 300 and 400.Petrochemicals Bioplastic Crude Oil

The collaboration agreement for the organization of the event was signed on October 21 of 2019 in Porto, Portugal.

Petrochemicals Bioplastic Crude Oil

-Richmond Businesses Expanding

The Economic Development Corp. of Wayne County has announced two businesses are looking to grow in Richmond this year.

DAK Americas LLC and Holland Colours Americas Inc. have planned multi-million-dollar facility expansions.

DAK Americas plans to invest $32 million in its PET recycling company and hire 30 new full-time employees in Richmond.Petrochemicals Bioplastic Crude Oil

The EDC of Wayne County is providing a $140,000 grant to help with new equipment and machinery expenses, along with building construction, nearby land and new employee training.

Richmond Businesses Expanding

-Celanese’s Ethylene-based VAM Awarded Green Technology Tag

Celanese Corporation CE announced that its ethylene-based Vinyl Acetate Monomer (VAM) technology has been awarded the “Green Technology” designation by China Petroleum and Chemical Industry Federation.Petrochemicals Bioplastic Crude Oil

Notably, the designation was awarded to the company’s ethylene-based VAM technology due to its low carbon emissions, low content of heavy components, low energy consumption and high product quality.

Celanese's Ethylene-based VAM Awarded Green Technology Tag

-Lycra to showcase latest innovations at ISPO

The Lycra Company, a global leader in developing innovative solutions for the apparel industry, will showcase the most ground-breaking line up of innovations at ISPO Munich in years. Petrochemicals Bioplastic Crude Oil

Attendees can learn about new LycraFitSense technology, LycraMyFit fibre, LycraEcoMade fibre and Planet Agenda, The Lycra Company’s sustainability platform.

“We are very excited to showcase our latest innovations for activewear, sportswear and athleisure apparel at ISPO,” said Julien Born, President, Apparel, The Lycra Company. “We look forward to working with brands, and their supply-chains, to create offerings that bring tangible value to garments, consistent with consumers’ active lifestyles and their desire for lasting comfort, fit and shape.”

Lycra to showcase latest innovations at ISPO

-Biodegradable plastic packaging developed for use in pharma

A new ‘green plastic’ alternative that degrades in 10 years has been created, which can be used in the pharmaceutical packaging industry.Petrochemicals Bioplastic Crude Oil

A novel completely recyclable and fully biodegradable plastic packaging solution which could be used in the pharmaceutical industry has been developed.

After initial testing to create environmentally friendly packaging, researchers used a biodegradable plastic additive which they combined with sugarcane to make a ‘green plastic’.

Biodegradable plastic packaging developed for use in pharma

Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Biodegradable 15-01-2020

Petrochemicals Bioplastic Biodegradable 15-01-2020

Petrochemicals Bioplastic Biodegradable

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Chems shipping markets watchful but unmoved as US-Iran tensions cool

Iran is unlikely to attempt to shut down traffic through the Strait of Hormuz in spite of high political tensions, although there is scope for shipping costs to escalate.

Hostilities between the US and Iran through much of last week prompted fears that Iran may seek to retaliate by closing the Strait of Hormuz, a key shipping artery from east to west for crude oil and chemicals.

Petrochemicals Bioplastic Biodegradable

 

-Fabric focus for SAF maker at INDEX

As it enters the new decade, the development and promotion of its fabric portfolio continues to be the focus of Super Absorbent Fibre (SAF) manufacturer Technical Absorbents Limited (TAL). Petrochemicals Bioplastic Biodegradable

At the end of March, the UK-based company will take its latest products, including a new range of superabsorbent fabrics that provide a higher gel strength when wetted, to the INDEX Nonwovens Exhibition in Geneva.

Petrochemicals Bioplastic Biodegradable

-EU mulls complete ban on plastic packaging

The European Commission considers banning plastic packaging, and an EU directive would target also tires or cosmetics, Bloomberg reported, citing an interview in Die Welt with an EU Commissioner-designate.Petrochemicals Bioplastic Biodegradable

The EU Commission is evaluating a ban on plastic packaging and setting new requirements for manufacturers, EU Commissioner-designate for environment and the oceans Virginijus Sinkevicius said in an interview with German newspaper Die Welt.

Petrochemicals Bioplastic Biodegradable

-OceanSafe raises the bar at Heimtextil

As Heimtextil celebrated its 50th anniversary in Frankfurt last week, the event’s tenth Green Directory was also published, with tours of sustainable forerunners once again conducted by Max Gilgenmann, co-owner of the Berlin agency Kaleidoscope.

Kaleidoscope is a specialist in strategic consultancy and creative directing for international brands in the field of fashion and textiles and in 2020 its Green Tours proved more popular than ever before, revealing a real thirst for knowledge on the latest sustainable processes and products.Petrochemicals Bioplastic Biodegradable

This year, one company really stood out in this respect – the long-established German fabric wholesaler DDF (Deco Design Fürus), with its new brand OceanSafe.

Petrochemicals Bioplastic Biodegradable

-Heimtextil 2020 sets themes for new furnishing season

With a content-driven programme, the 50th edition of Heimtextil delivered strong impetus for start of new furnishing season. Sustainability was at top of the agenda outshining all other topics. 63,000 visitors gathered information about major themes dominating international industry from 2,952 exhibitors at the leading tradefair for home & contract textiles.Petrochemicals Bioplastic Biodegradable

“The industry is currently facing huge challenges. And some of those taking part at Heimtextil have really felt this. However: exhibitor satisfaction has remained at the same high levels as last year. And visitor satisfaction has even increased from 93 to 95 per cent. In addition to the early date, the reasons behind the reduced visitor numbers are mainly down to strong consolidation of specialist shops and developments in the stationary retail trade in the direction of e-commerce.

Petrochemicals Bioplastic Biodegradable

-Crude Climbs Ahead of U.S.-China Trade Deal

SECTOR COMMENTARY

Energy stocks are to the upside while US stock futures hover around unchanged as oil prices snap a four day losing streak.

The corporate earnings season kicked off with J.P. Morgan Chase posting stronger-than-forecast quarterly results.Petrochemicals Bioplastic Biodegradable

In the energy sector, there were several stock rating initiations including about 10 underperform rated services companies, five refiners at overweight or equal weight and three E&Ps with positive ratings.

Crude Climbs Ahead of U.S.-China Trade Deal

-EU lays out 1 trillion-euro plan to support Green Deal

The European Union plans to dedicate a quarter of its budget to tackling climate change and to help shift 1 trillion euros ($1.1 trillion) in investment towards making the economy more environmentally friendly over the next 10 years.

The Europe Investment Plan unveiled Tuesday will be funded by the EU budget and the private sector.Petrochemicals Bioplastic Biodegradable

It aims to deliver on European Commission president Ursula von der Leyen’s Green Deal to make the bloc the world’s first carbon-neutral continent by 2050.

Petrochemicals Bioplastic Biodegradable

-Heimtextil Launches Innovative New Trends In Interior Textile Design

Heimtextil, the world’s leading textile trade fair, celebrated its 50th Show in January at Messe Frankfurt in Frankfurt, Germany. Nearly 3,000 companies from 65 countries presented their innovations at the largest trade fair for home and contract textiles. Throughout the massive exhibition space, exhibitors unveiled many unprecedented design concepts.Petrochemicals Bioplastic Biodegradable

Sustainability is at the Forefront of the Industry

The major theme at Heimtextil, however, and the industry as a whole, is sustainability. Green aspects are at the forefront of the industry’s agenda, and green pioneers were given a platform by Heimtextil, to share their innovations.

Heimtextil Launches Innovative New Trends In Interior Textile Design

-Biodegradable Plastic Market Report to Share Key Aspects of the Industry with the details of Influence Factors

As per the report, the global biodegradable plastic industry was estimated at $1.29 billion in 2018, and is expected to hit $6.00 billion by 2026, registering a CAGR of 21.3% from 2019 to 2026.Petrochemicals Bioplastic Biodegradable

Drivers, restraints, and opportunities:

Environmentally friendly nature & growing consumer adoption of biodegradable plastics, high demand for biodegradable plastic in food packaging application, and favorable government policy towards bioplastic are the major factors fueling the growth of the global biodegradable plastic market.

Biodegradable Plastic Market Report to Share Key Aspects of the Industry with the details of Influence Factors

-Evonik launches new facility in Germany

Specialty chemicals company, Evonik, has announced a new multi-purpose silicone production facility in Geesthacht, Germany.

The reportedly double-digit million euro investment was launched following less than 18 months of construction. The project was completed on time and within the planned budget.Petrochemicals Bioplastic Biodegradable

The Mayor of Geesthacht was amongst the construction partners, staff and local dignitaries to partake in an inauguration ceremony at the site on 10th January 2020.

Evonik launches new facility in Germany

Petrochemicals Bioplastic Biodegradable

Petrochemicals Bioplastic Additives 14-01-2020

Petrochemicals Bioplastic Additives 14-01-2020

Petrochemicals Bioplastic Additives

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Number of active U.S. drilling rigs continues to fall this week

The number of active drilling rigs in the United States fell by 15 to 781 this week, down by 294 rigs year-on-year, according to weekly data released by a Houston-based oilfield services company on Friday.

According to Baker Hughes, these active drilling rigs included 659 oil rigs operating in the U.S. oil fields, down by 11 from the previous week; 119 gas drilling rigs, down by four from the previous week; and three miscellaneous rigs, unchanged from last week.

The 781 rigs include 759 land drilling rigs, down by 14 from the previous week; 21 offshore drilling rigs, down by one; and one inland waters drilling rig which remained unchanged from last week.

Petrochemicals Bioplastic Additives

-Duo UK installs polyethylene recycling capacity

UK-headquartered packaging manufacturer and distributor Duo UK is to expand its head office in Manchester to 5,000 sq ft with a new extension and installation of an Erema recycling machine.Petrochemicals Bioplastic Additives

The company has seen a significant increase in client demand for products using recycled polyethylene to create more sustainable packaging solutions for customers.

To handle this increase in demand, the business has decided to sell its partner company Moorgreen Flexible Packaging in Derbyshire to Vickers-Lee Holdings, owners of Cromwell Polythene, and will invest the funds from the sale into the expansion of its site in Manchester to accommodate the new machinery.

Petrochemicals Bioplastic Additives

-New to market – BioSphere biodegradable additive for blow moulded PET

Colourmaster NIP Ltd introduces a new addition to the Biosphere range – the additive which significantly accelerates biodegradation of plastics in landfill, compost and marine environments.Petrochemicals Bioplastic Additives

BioSphere biodegradable additive for blow moulded PET

Colourmaster NIP Ltd

The new grade, BioSphere 203, has been developed specifically for use in blow moulded PET applications and maintains the clarity of the PET, rather than showing a haze, as is the case with the general purpose 201 grade.

Petrochemicals Bioplastic Additives

-Asia’s naphtha crack rises on higher demand

Asia’s naphtha refining margin rose 5.8% to $79.33 a tonne on Thursday, its highest since Jan. 3, boosted by a rise in demand this week.

South Korea’s Lotte Chem bought naphtha for arrival in the second half of February at Daesan and Yeosu at premiums of about $17.50 and $17.00 a tonne respectively to Japan quotes on a cost-and-freight (C&F) basis.Petrochemicals Bioplastic Additives

Petrochemicals Bioplastic Additives

-First Heimtextil Colombia scheduled for 2021

Messe Frankfurt, one of the world’s largest trade fair organizers has licensed its Heimtextil brand to Inexmoda, a private non-profit institute based in Colombia (South America) and owner of the most important textile and fashion trade shows in Latin America – Colombiatex of the Americas and Colombiamoda, Colombia ́s Fashion Week. The deal was signed at this week’s Heimtextil in Frankfurt. The first edition of Heimtextil Colombia will open its doors in April 2021.Petrochemicals Bioplastic Additives

Heimtextil Colombia will take place in Medellin, one of the most important and innovative cities of Colombia (South America), and cover the Americas which represent a high potential in the world market. Messe Frankfurt and Inexmoda are targeting Colombia as a business platform for the home, furnishings, hospitality business, and further textile related products that will gather both top of the line exhibitors, and professional buyers from the region.

Petrochemicals Bioplastic Additives

-RadiciGroup kicks off new year under sustainability banner

RadiciGroup started off the new year 2020 under banner of sustainability by launching Renycle, a range of yarns obtained from recycled nylon, and acquiring Zeta Polimeri, an Italian company with 30 years experience in recovery of synthetic fibre & thermoplastics. Both actions are aimed at environmental protection and meeting requests of a demanding market.Petrochemicals Bioplastic Additives

At Domotex 2020 (hall 11 c48), RadiciGroup is exhibiting a number of innovative solutions for the recovered fibres sector targeted at fashion fabrics, furnishings and automotive applications. These new products are the result of the group’s vertically integrated nylon production and the synergies among its various business areas, from chemicals to engineering polymers and synthetic yarns.

RadiciGroup kicks off new year under sustainability banner

-Circularise PLASTICS pilots blockchain technology for greater transparency in circular economy transition

The Circularise PLASTICS initiative is set to pilot its blockchain technology for transparent circularity in plastics in a production environment early this year in what the group is calling its “first milestone.” The collaborative project was founded by polyamide supplier DOMO, materials manufacturer Covestro and Circularise, a supply chain transparency start-up. Petrochemicals Bioplastic Additives

At CES 2020 in Las Vegas last week, Circularise and Covestro presented the project to customers and opened the consortium for new partners to join on the pathway towards greater transparency and circularity in plastics.

Circularise is a blockchain technology start-up offering an open source protocol and decentralized platform to bring transparency to global supply chains and empower businesses to move towards a circular economy. Circularise enables brands, suppliers and manufacturers to choose sustainable and circular materials and present information about products and their supply chains transparently without risking privacy.

Circularise PLASTICS pilots blockchain technology for greater transparency in circular economy transition

-Suominen revises sustainability agenda for 2020-2025

Suominen has revised its sustainability agenda as part of its business strategy work. The agenda crystallises the sustainability themes and targets for the strategy period 2020-2025. A thorough stakeholder survey, interviews with stakeholder representatives, as well as internal workshop with management served as the basis for renewing the agenda.Petrochemicals Bioplastic Additives

Suominen’s sustainability agenda has four themes which represent the topics that are defined most important to its business and stakeholders. These themes create basis for actions and targets. Through the themes, Suominen evaluated its performance and reports on its achievements on an annual basis.

Suominen revises sustainability agenda for 2020-2025

-Avantium selects Netherlands-based location to build its FDCA flagship plant.

“Along with the increased innovation the flagship plant will bring to the region, the Avantium plant will create over 60 highly skilled jobs and provides significant indirect employment opportunities.” Petrochemicals Bioplastic Additives

Dutch renewable chemicals company Avantium has announced that it will build its furandicarboxylic acid (FDCA) flagship plant at Chemie Park Delfzijl, the Netherlands.

The five-kiloton facility will produce plant-based FDCA – a key building block for many chemicals and plastics such as PEF (polyethylene furanoate).

Avantium selects Netherlands-based location to build its FDCA flagship plant.

Petrochemicals Bioplastic Additives

Petrochemicals Bioplastic Masterbatches 13-01-2020

Lotte Chemical Alpek Polyester

Lotte Chemical Alpek Polyester

Lotte Chemical UK after the transaction renamed Alpek Polyester UK Ltd

Lotte Chemical Alpek Polyester

MOSCOW – Polyethylene terephthalate (PET) production facilities, formerly known as Lotte Chemical UK in the UK, are currently owned by Alpek’s subsidiary and operate under the name Alpek Polyester UK Ltd., the company said.

The deal, announced in October, includes a 350,000-ton-per-year PET plant in Wilton. This is Alpek’s first acquisition outside of America.

Soloshenie entered into force on January 1, 2020.

The new business will operate within the Alpek Polyester enterprises as the legal entity Alpek Polyester UK Ltd.

The acquisition is consistent with Alpek’s growth strategy, creating significant value by integrating assets and expanding Alpek Polyester’s global presence to more than 2.8 million tons of PET worldwide in 6 countries and 15 with more than 4,800 employees.

According to the ICIS-MRC Price Survey , at the end of December last year, activity in foreign PET markets was very low amid holidays in Europe. Prices in the Chinese market remained at the level of the second half of the third week of December. Activity in the Russian spot PET market at the end of 2019 increased sharply. Free volumes for spot buyers in a significant amount remained only at the Kaliningrad plant Ecopet.

Alpek is the largest petrochemical company in Mexico and the second largest in Latin America. Its activities are divided into two main segments: “polyesters” (terephthalic acid, polyethylene terephthalate and polyester fibers) and “plastics and chemicals” (polypropylene, foamed polystyrenes, caprolactam, polyurethanes and other special and industrial chemicals). Alpek is a leading global manufacturer of purified terephthalic acid and PET; It owns the continent’s largest expanded polystyrene company and one of the largest polypropylene plants in North America. Alpek currently has 19 factories in Mexico, the USA and Argentina. Alpek is part of the Mexican conglomerate Grupo Alfa. Alpek also owns DAK Americas.

Lotte Chemical UK, a subsidiary of KP Chemical, is part of the Lotte Group’s petrochemical Japanese-South Korean conglomerate and produces purified terephthalic acid (TPA) and PET for use in the packaging industry.

mrcplast.ru

Author: Anna Larionova

Lotte Chemical Alpek Polyester

Petrochemicals Bioplastic Chemical Fibers 11-01-2020

Petrochemicals Bioplastic Masterbatches 13-01-2020

Petrochemicals Bioplastic Masterbatches

Petrochemical Polymers Terephthalic Acid Prices

Petrochemicals Bioplastic Additive Masterbatches

Crude Oil Prices Trend

Crude Oil Prices Trend

-Borealis to acquire NOVA Chemicals ownership interest in Novealis Joint Venture

Borealis AG (“Borealis”) and NOVA Chemicals Corporation (“NOVA Chemicals”) today announced they have reached an agreement for Borealis to buy NOVA Chemicals’ 50% ownership interest in Novealis Holdings LLC (“Novealis”).

Formed in 2018, Novealis is the joint venture between affiliates of Borealis and NOVA Chemicals, which subsequently formed a 50/50 joint venture with an affiliate of Total S.A. to launch Bayport Polymers LLC (“Baystar”) in Houston, Texas, US.

Petrochemicals Bioplastic Additive Masterbatches

-Why Russia Should Exit The OPEC+ Deal

Despite a 9 percent decrease, Urals spot prices in Northwest Europe were still one and a half times higher in 2019 than in 2016 ($63.3 versus $41.1 per barrel, according to Refinitiv), when the first OPEC + agreement was signed.Petrochemicals Bioplastic Masterbatches

As a result, the Russian budget again, as in 2017-2018, received additional income, which reached 6.2 trillion rubles (just over $100 billion) from the moment the deal was concluded, as follows from estimates of the Russian Ministry of Energy.

Petrochemicals Bioplastic Additive Masterbatches

-Challenges on recycling market continue in 2020

According to CCFGroup Index, the prices of flakes for HC re-PSF were averaged at 6,084yuan/mt in 2019, down 11.86% from 2018, that of HC re-PSF in Zhejiang averaged at 8,445yuan/mt, down 11.54%, that of conventional close virgin PSF averaged at 7,122yuan/mt, down 14.22%. Black re-PFY yearly average price scored at 7,874yuan/mt, down 13.33% from 2018. Petrochemicals Bioplastic Masterbatches

  1. The challenges will continue in 2020

Recycled chemical fiber plants experienced periodical feedstock shortage, overseas capacity expansion, market shares squeezed by virgin polyester and environmental protection regulation in 2019. Frequent production curtailment and suspension was seen and demand was sluggish.

Petrochemicals Bioplastic Additive Masterbatches

-RadiciGroup: concrete investments in sustainability

At Domotex 2020, RadiciGroup introduces Renycle, a new range of products with recyclate content. The Group also announces the acquisition of a material recovery company  Petrochemicals Bioplastic Masterbatches

RadiciGroup is starting off the new year 2020 under the banner of sustainability: the market launch of Renycle, a range of yarns obtained from recycled nylon, and the acquisition of Zeta Polimeri, an Italian company with thirty years’ experience in the recovery of synthetic fibre and thermoplastics. Both concrete actions fall within the Italian Group’s strategy aimed at environmental protection and meeting the requests of an increasingly demanding market.

At Domotex 2020 (Hall 11 C48), RadiciGroup is exhibiting a number of innovative solutions for the recovered fibres sector targeted at fashion fabrics, furnishings and automotive applications. These new products are the result of the Group’s vertically integrated nylon production and the synergies among its various business areas, from chemicals to engineering polymers and synthetic yarns.

Petrochemicals Bioplastic Additive Masterbatches

-Oil Prices Are Set To Slide Even Further

Oil prices have had a tumultuous week since the US launched a drone attack in Baghdad, killing Iranian General Qassem Soleimani.

With tensions peaking after the US and Iran traded missile attacks, oil markets priced in a risk premium.  PPetrochemicals Bioplastic Masterbatches

However, as long as the flow of oil barrels to the market is not affected, Rystad Energy continues to see a downward risk to prices, with further pressure on OPEC to implement even deeper production cuts in order to keep Brent oil prices around $60 per barrel through 2020.

Petrochemicals Bioplastic Additive Masterbatches

-22% Growth in Polyester Yarn Output

Iran produced 197,500 tons of polyester yarn during the first eight months of the current Iranian year (March 21-Nov. 21) to register an increase of around 22% compared with the output in last year’s corresponding period.

The country had produced 162,000 tons of the product during last year’s first eight months, the Persian economic daily Donya-e-Eqtesad reported, citing data from the Ministry of Industries, Mining and Trade. Petrochemicals Bioplastic Masterbatches

Polyester fiber is one of the widely used commercial fibers in weaving, knitting, embroidery, sewing and home furnishings.

22% Growth in Polyester Yarn Output

-Heimtextil fair turns successful for Pakistani exporters

The Heimtextil 2020 Trade Fair was a success for the Pakistani businessmen, who received encouraging response from customers and visitors, hence brightening the prospects for enhancing homemade textiles exports from the country.

The 50th anniversary edition of Heimtextil, held in Frankfurt Germany from January 7 to 10 presented more sustainable products than ever before; according to press statement. Petrochemicals Bioplastic Masterbatches

This time, a total of 231 exhibitors represented Pakistan in the fair, which has been an attractive platform for export businesses and a trendsetting launch event to present new season products at the start of the year.

Heimtextil fair turns successful for Pakistani exporters

-How Textile Yarn Market will grow in the upcoming year?

Jacqueline Jones  0 Comments Acrylic and Nylon Textile Yarn, Artificial Textile Yarn, Cotton Textile Yarn, Flax Textile Yarn, Hemp Textile Yarn, Jute Textile Yarn, Natural Textile Yarn, Polyester Textile Yarn, Ramie Textile Yarn, Silk Textile Yarn, Viscose Textile Yarn, Wool Textile Yarn  Petrochemicals Bioplastic Masterbatches

A textile yarn is a continuous thread of staple or filament fibers which is arranged in a form suitable for weaving, knitting, or other form of fabric assembly. A yarn is a textile product of substantial length and relatively small cross-section consisting of fibers with twist and also filaments without twist. The yarn can be twisted with one or more yarns to make added value or aesthetics. Usually, yarns have been constructed of fibers of finite length called staple fibers.

How Textile Yarn Market will grow in the upcoming year?

-Using microorganisms to address microplastic pollution

The challenge to the environment posed by microplastics has received considerable attention and some different solutions have been proposed, as efforts are made to reduce reliance upon plastics.

One solution involves microbes. Petrochemicals Bioplastic Masterbatches

The extent of plastic pollution in the oceans is considerable, and it could be that up to 70 percent of the waste in the world’s oceans is made of plastic.

Such is the extent of plastic pollution, that microplastic has now entered the human food chain. In addition, the chemicals leached out from plastic are having an adverse effect on marine life.

 Using microorganisms to address microplastic pollution

Petrochemicals Bioplastic Additive Masterbatches

Petrochemicals Bioplastic Chemical Fibers 11-01-2020

Petrochemical Polymers Terephthalic Acid Prices

Petrochemical Polymers Terephthalic Acid

Petrochemical Polymers Terephthalic Acid

Polyestertime
ITEM06/01/202013/01/2020+/-
Bottle grade PET chips domestic market6,625 yuan/ton6,575 yuan/ton-50
Bottle grade PET chips export market845 $/ton850 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Terephthalic Acid

6,350 yuan/ton6,350 yuan/ton
Filament grade Bright chips domestic market6,400 yuan/ton6,450 yuan/ton+50
Pure Terephthalic Acid PTA domestic market4,975 yuan/ton4,845 yuan/ton-130
Pure Terephthalic Acid PTA export market
620 $/ton 610 $/ton-10
Monoethyleneglycol MEG domestic market5,230 yuan/ton5,475 yuan/ton+245
Monoethyleneglycol MEG export market602 $/ton615 $/ton+13
Paraxylene PX FOB  Taiwan market844 $/ton818 $/ton-26
Paraxylene PX FOB  Korea market827 $/ton800 $/ton-27
Paraxylene PX FOB EU market

Petrochemical Polymers Terephthalic Acid

754 $/ton728 $/ton-26
Polyester filament POY 150D/48F domestic market7,125 yuan/ton7,180 yuan/ton
+55
Recycled Polyester filament POY  domestic market6,950 yuan/ton7,050 yuan/ton+100
Polyester filament DTY 150D/48 F domestic market8,900 yuan/ton8,900 yuan/ton
Polyester filament FDY 68D24F domestic market 8,150 yuan/ton8,250 yuan/ton+100
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Terephthalic Acid
7,625 yuan/ton7,725 yuan/ton+100
Polyester staple fiber 1.4D 38mm domestic market7,100 yuan/ton7,080 yuan/ton-20
Caprolactam CPL domestic market11,100 yuan/ton11,200 yuan/ton
+100
Caprolactam CPL overseas  market1,250 $/ton1,280 $/ton+30
Nylon6 chips overseas  market1,560 $/ton1,570 $/ton+10
Nylon6 chips conventional spinning domestic  market12,100 yuan/ton12,150 yuan/ton+50
Nylon6 chips  high speed spinning domestic  market12,000 yuan/ton12,200 yuan/ton+200
Nylon 6.6 chips domestic  market22,600 yuan/ton22,600 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Terephthalic Acid

14,000 yuan/ton14,150 yuan/ton+150
Nylon6 Filament DTY 70D/24F domestic  market16,700 yuan/ton17,000 yuan/ton+300
Nylon6 Filament FDY  70D/24F  domestic  market15,200 yuan/ton15,400 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 market8,050 yuan/ton8,050 yuan/ton
Benzene domestic market5,970 yuan/ton5,970 yuan/ton
Benzene overseas  market740 $/ton714 $/ton –-26
Ethylene South East market670 $/ton700 $/ton+30
Ethylene NWE  market781 $/ton844 $/ton+63
Acrylonitrile ACN  domestic market10,800 yuan/ton10,700 yuan/ton-100
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 market9,500 yuan/ton9,500 yuan/ton
PP Powder domestic market7,450 yuan/ton7,550 yuan/ton-100
Naphtha overseas market 

Petrochemical Polymers Terephthalic Acid

575 $/ton560 $/ton
-15
Phenol domestic market 7,375 yuan/ton7,475 yuan/ton-100
PS Taiwan 5250 GPPS1,050 $/ton 1,085 $/ton+35
PS Taiwan 8250 HIPS1,181 $/ton 1,183$/ton+12
LDPE CFR Far East 882 $/ton922 $/ton+40
LLDPE CFR Far East842 $/ton862 $/ton+20
LDPE   FOB Middle East869 $/ton909 $/ton+40
LLDPE FOB Middle East829 $/ton849 $/ton+20
HDPE CFR Far East839 $/ton849 $/ton+10
LDPE FD Northwest Europe 913 €/ton923 €/ton+10
LLDPE FD Northwest Europe 903 €/ton913 €/ton+10
Homopolymer PP CFR Far East920 $/ton895 $/ton-25
Homopolymer PP FD NWE961 €/ton971 €/ton+10

Petrochemical Polymers Terephthalic Acid

Petrochemicals Bioplastic Chemical Fibers 11-01-2020

Petrochemicals Bioplastic Chemical Fibers

-Chemical recycling of plastics gets a catalytic boost in Australia, China

News and interest in chemical recycling is spreading globally.

That includes Australia, a country that consumes 3.4 million ton2020-BiologiQ-Water_Swirlnes of plastic each year, of which only 9% is recycled.

Licella Holdings Ltd. (Sydney, Australia) announced January 8 a partnership with bioplastic innovator BioLogiQ, Inc. (Idaho Falls, ID) to accelerate the move towards a circular economy for plastics by the commercialization of Licella’s breakthrough Catalytic Hydrothermal Reactor (Cat-HTR) chemical recycling solution. Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Chemical Fibers

-Mitsubishi Corporation Joins PET Chemical Recycling Business

Mitsubishi Corporation (MC) has reached an agreement with Taiwan’s Shinkong Synthetic Fibers Corporation (Shinkong), a Taiwan-based major producer of polyester fiber and PET(1), to accept a third-party allotment of shares in the Shinkong subsidiary Thai Shinkong Industry Corporation Ltd. (TSIC), a Thailand-based producer of PET used to make plastic beverage bottles. This subscription will increase MC’s share in TSIC from 3.85% to 34%.

PET is a mono-material boasting excellent transparency, glossiness and barrier properties. Highly recyclable due to well-established collection and recycling facilities, PET has a wide range of applications, including both beverage and food containers and apparel-use textiles.

Petrochemicals Bioplastic Chemical Fibers

-STOLL partner Myant is showing networked textile patterns

STOLL partner & customer Myant Inc is currently presenting its networked textile and clothing patterns of different areas of life (work, home and play) at Consumer Electronics Show (CES), Las Vegas. Visitors are getting to imagine what life would be like in a future connected by textiles, how everyday functions can be monitored using modern technical textiles.

CES will be running until January 10. It has served as the proving ground for innovators and breakthrough technologies for 50 years – the global stage where next-generation innovations are introduced to the marketplace. The exhibition explores next-gen technology in a wide variety of areas, including 5G and IoT, automotive, health and wellness, robotics and more. This time, CES is expected to present more than 4,400 exhibiting companies.

Petrochemicals Bioplastic Chemical Fibers

-Ad Rem pairs with Hamos on UK plastics line

Galloo subsidiary joins with Hamos on system that sorts mixed plastics generated by shredded appliances.

Plastics sorting technology provider Ad Rem NV, a joint venture of Belgium-based scrap recycling firm Galloo, says it has worked with Germany-based Hamos GmbH to develop a mixed plastics recycling system.

The two companies say an installation of the system in Telford, United Kingdom, is designed as a “processing line that handles the complete plastic recycling chain from waste to resource.”

The line in Telford has been installed for an AO Recycling facility operated by online retailer AO.com, which sells appliances including refrigerators, washing machines and dish washing machines.

Petrochemicals Bioplastic Chemical Fibers

-Avantium confirms location of FDCA plant

The Avantium Renewable Polymers subsidiary of Dutch technology firm Avantium has signed a letter of intent to locate its flagship plant at Chemie Park Delfzijl in the Netherlands.

The 5,000-tonne facility will produce plant-based FDCA (furandicarboxylic acid), which is a key building block for many chemicals and plastics such as PEF (polyethylene furanoate).

Avantium Renewable Polymers has also entered into a letter of intent with a Regional Consortium relating to the financing of the FDCA flagship plant and associated costs, for an amount of €30 million ($33m), over the period to the plant’s completion in 2023.

Avantium confirms location of FDCA plant

-Lycra Company releases legwear trends forecast for AW20/21

The Lycra Company, an industry leader in developing innovations for legwear segment, recently issued its highly anticipated global trends forecast for Autumn/Winter 2020-2021. Each year the fashion experts from Amsterdam create a capsule collection that showcases latest legwear innovations from its portfolio of brands including Lycra, Coolmax and Thermolite.

The forecast is a valuable source of inspiration for The Lycra Company’s legwear customers, who have exclusive access to the trends before it is released to a wider audience. This enables customers to use the trends and create the season’s must-have looks, which are all powered by The Lycra Company’s most advanced branded fibre solutions.

Lycra Company releases legwear trends forecast for AW20/21

-Sustainable packaging may be worse for the environment than plastic

With increasing pressure to reduce plastic packaging, the UK’s five major supermarkets have admitted to not always considering the full impact of the plastic-free alternatives which can be worse for the environment.

In a report published by Green Alliance, their Circular Economy Task Force interviewed representatives from five of the UK’s major supermarkets and five of the main consumer food and drink companies in order to understand the full picture of the transition away from plastic.

Sustainable packaging may be worse for the environment than plastic

Petrochemicals Bioplastic Chemical Fibers

-Italy’s OMG may build thermoforming machines in US

Turin, Italy-based OMG srl sees big potential for thermoforming in the United States, and the company is making strategic moves to position itself for the growth.

As part of the effort, the Italian machinery manufacturer is considering plans to build machines at its facility in Arlington, Texas.

Luciano Garcia, U.S. sales manager at OMG Thermoforming Inc., the parent company’s U.S. subsidiary, said the goal would be to start building machines here — about eight machines per year — in 2021.

Petrochemicals Bioplastic Chemical Fibers

-Green Distillation Technologies to build US tire recycling plant

Green Distillation Technologies is to build its first US tire recycling plant. Under a new agreement the company will receive funding of up to US$100m for the roll-out of additional plants in the USA, subject to the successful operation of the first one.

GDT’s chief operating officer Trevor Bayley, who was in the USA to sign the agreement, said that the deal comes as the result of a considerable amount of work to negotiate an effective and workable agreement in the light of numerous US enquiries about its technology.

Green Distillation Technologies to build US tire recycling plant

-Lenzing to present BEDifferent with Tencel x Refibra

Lenzing will present for first time BEDifferent with Tencel x Refibra fibres at Heimtextil (January 7-10, 2020, Frankfurt). Tencel Lyocell fibres with Refibra technology facilitate good moisture management by regulating absorption and release of moisture thus supporting body’s natural thermal regulation and provide breathability comfort throughout the night.

In addition, the smooth fibre surface of the Tencel Lyocell fibres create fabrics that are gentle on the skin. Lenzing invited talented students from top European universities, such as Nuova Accademia di Belle Arti Milano, University of the Arts London, and Aalto University Finland, to dive into the world of sustainable Lenzing fibres and create a bedding collection inspired by their vision and with respect for the environment.

-Lenzing to present BEDifferent with Tencel x Refibra

-Teknor Apex to exhibit new TPE compound series at MD&M West

Custom compounder, Teknor Apex, will exhibit a new series of medical grade ThermoPlastic Elastomer (TPE) compounds at MD&M West in February this year.

The new series consists of Medalist medical-grade TPE compounds for over-moulding which display strong adhesion to medical-grade PolyCarbonate (PC) and PC alloys and include formulations with enhanced resistance to chemicals encountered in wearable applications.

The Medalist MD-34900 series compounds which are available in 50, 60, and 70 Shore A grades are for general medical overmoulding applications. However, the MD-36975 grade is a 75 Shore A TPE designed specifically for overmoulding in wearable devices, with excellent resistance to the lotions and disinfectants that are typically encountered.

Teknor Apex to exhibit new TPE compound series at MD&M West

Petrochemicals Bioplastic Polylactic Acid 10-01-2020

Petrochemicals Bioplastic Polylactic Acid 10-01-2020

Petrochemicals Bioplastic Polylactic Acid

Crude Oil Prices Trend

Crude Oil Prices Trend

-Europe PE players begin to discuss January, as crude prices slide

Pricing discussions for January polyethylene (PE) in Europe have been slow to start, as some regions returned to work only on the 7th, but initial offers are being made and deliberated, as upstream crude oil prices slide after their recent sharp spike.

Sellers seek margin restitution

Supply ample

Market slow to start

Some producers are talking to their customers about price increases, announced already to the market in December. A couple of ambitious sellers are looking for a €50/tonne increase, to recover margins lost in the fourth quarter.

Buyers are not entirely sympathetic to this argument, but some do accept that current net spot levels are unsustainable, and it is only at this very low-end level that sellers can be confident of hauling prices up. of Phase 1 of a trade agreement.

Petrochemicals Bioplastic Polylactic Acid

-A niche player steps forward for growth in sustainability

At K 2019, Farrel Pomini, a self-described niche player in the plastics compounder market, took a step toward the main stage as it focused on promoting its systems and applications capability rather than a host of new products.

“We’re focusing on our applications expertise this year because we want visitors to see the breadth of our experience,” said Paul Lloyd, business unit director at the Ansonia, Conn.-based company, during the event in Düsseldorf, Germany.

Petrochemicals Bioplastic Polylactic Acid

-Exclusive: China suspends national rollout of ethanol mandate – sources

China has suspended its plan to implement a nationwide gasoline blend containing 10% ethanol this year, three sources briefed on the matter said, following a sharp decline in the country’s corn stocks and limited production capacity of the biofuel.

The reversal is a heavy blow to domestic producers that have built new plants, as well as biofuel exporters, including the United States and Brazil, which were looking to benefit from growing Chinese demand. Petrochemicals Bioplastic Polylactic Acid

China was expected to increase imports of U.S. ethanol after the recent announcement of Phase 1 of a trade agreement.

Exclusive: China suspends national rollout of ethanol mandate - sources

-Technologies for recycling plastic for use in food and drink packaging. 

Last month, readers were drawn to articles about a PET reclaimer acquisition, an emerging market for HDPE, government actions in the U.S. and EU, and the U.S. PET bottle recycling rate.

The list below shows our top stories published in December in terms of unique page views. Petrochemicals Bioplastic Polylactic Acid

1 | Virgin plastic giant acquires US PET reclaimer
Indorama Ventures, the world’s biggest prime PET producer, has acquired another U.S. plastics recycling company, this time on the West Coast.

2 | How a new domestic end market for HDPE emerged
A group’s green light to use recycled HDPE in road drainage pipes opens a potentially massive market for recovered plastic. Officials recently explained the work that drove the decision.

Petrochemicals Bioplastic Polylactic Acid

-Introducing CuanSave: a flexible film made from crustacean shells

Amidst increased demand from consumers and brands alike for sustainable solutions to plastic pollution, bioplastics have become a frontrunner. This publication has reported on numerous innovative bioplastic products over the past year, from films and pharmaceutical packaging to disaster relief solutions and confectionary boxes.

Interestingly, many bioplastic solutions are increasingly coming from one of the places in which the plastics waste issue is most apparent – the marine world. Innovators including Lucy Hughes, the winner of last year’s James Dyson Award, and CuanTec are turning to the sea for inspiration. Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Polylactic Acid

-OEKO-TEX® new regulations to come into effect from April

At the start of the year, OEKO-TEX® updated their existing guidelines as well as the valid test criteria and limit values for their certifications and services – in line with consistent consumer protection and the sustainability of textiles and leather products. Following a transition period, all new regulations will come into effect on April 1, 2020.

After the introduction of the MADE IN GREEN label for textiles in 2015, beginning January 2020 it will also be possible to award the sustainability label to leather products. In 2019, STeP certification was expanded to include leather production facilities. OEKO-TEX® now goes one step further with the integration of leather products with the MADE IN GREEN label.Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Polylactic Acid

-Advansa tells a colorful tale with Suprelle Blue line

Partners with Plastic Bank to recycle ocean plastic

Frankfurt, Germany – Advansa is singing the blues at Heimtextil as it showcases its Suprelle Blue fiberfill products for bedding.Petrochemicals Bioplastic Polylactic Acid

Louis Smith, sales and product development for Suprelle USA/Advansa, said Advansa has been sourcing its raw materials to make its fibers through a partnership with Plastic Bank, which teams with individuals in developing countries who pick up plastic from beaches—keeping it out of the ocean – and then take it to registered recycling centers. In return for the recycled plastic, gatherers get digital tokens that can be used to purchase essentials like food, housing and education, he explained.

Petrochemicals Bioplastic Polylactic Acid

-Plastic Omnium CEO: Plastics has a bright future

Laurent Favre has stepped into the CEO job at Plastic Omnium as the first nonmember of the Burelle family to hold the job and at a time the company is looking at ways to control costs in an auto industry that is not expected to see growth for the next few years.Petrochemicals Bioplastic Polylactic Acid

Plastic Omnium told investors Jan. 7 that it expects “no rebound” in the global automotive market in the next three years, and the company will need to manage its cost structure to ensure profitable operations, but will post higher earnings and revenue for 2019, but a lower operating margin.

Plastic Omnium CEO: Plastics has a bright future

-Morocco adds tariffs on apparel from Turkey despite FTA

Companies in Morocco importing apparel and other textile items from Turkey will have to pay a new Moroccan tariff of 27 per cent despite the Morocco-Turkey free trade agreement (FTA).Petrochemicals Bioplastic Polylactic Acid

The tariff, effective from January 1, will continue to impact Morocco-Turkey trade until December 31, 2021. Textiles are one of the main exports of Turkey to Morocco.

Textiles accounted for nearly half of Turkey’s $2.24 billion in total exports to Morocco in 2018.

Morocco adds tariffs on apparel from Turkey despite FTA

-DuPont™ Sorona® fabrics join the ‘YES’ list for PET compatible recycling

Reduce. Reuse. Recycle. Every day there are more designers and brands embracing sustainable practices, producing clothing that is made to last, and establishing recycling programs.

As recycling programs continue to gain popularity among brands apparel is extending its end life.

About 80 percent of these recycling programs result in either routing these clothes to thrift stores, shipping them overseas, or converting garments into rags, among other reuses.Petrochemicals Bioplastic Polylactic Acid

However, what happens at the end of the reuse and repurpose lifecycle is just as important. This is where a garment’s ingredients are critical, and DuPont™ Sorona® fabrics are the formula.

DuPont™ Sorona® fabrics join the ‘YES’ list for PET compatible recycling

-Titanium dioxide: “World demand shows a pattern that is far from smooth”

The recent classification of TiO2 in powder form as well as the prices for the pigment have been great headaches for the coatings industry.

Reg Adams of Artikol speaks about the current situation on the market and how buyers can react to the price volatility.Petrochemicals Bioplastic Polylactic Acid

Titanium dioxide: "World demand shows a pattern that is far from smooth

-Report explores keys to boosting plastics recovery

As opposed to reducing and reusing, recycling has the greatest potential to cut down on plastic waste, according to McKinsey & Co. But processing solutions don’t lie solely with mechanical recycling.

The research and consulting firm in December published an article based on publicly available data and interviews with plastics recycling stakeholders.

In exploring how the U.S. can boost its recovery of plastic packaging and food service items, the researchers drew a number of conclusions.Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Polylactic Acid

Petrochemicals Bioplastic Cellulose Fibres 09-01-2020

Polyethylene Terephthalate Pet Prices

Polyethylene Terephthalate Pet Prices

Pet prices in Latin America are stable

Polyethylene Terephthalate Pet Prices

Prices for polyethylene terephthalate (PET) in most Latin American countries

remain unchanged in January, despite rising prices in Asia, ICIS reports .

The offer remains extensive, as the markets in the region are weak against the backdrop of the New Year holidays.

Volatility is mainly due to a wide range of prices in the regions, which depend on imports mainly from Mexico and Asia.

Since December, there has been a growing Asian price trend for raw materials, which slowly raises PET prices and led to an increase in prices by USD10-30 per ton last week. This trend may ultimately affect prices in Latin America.

However, offers from North America were very competitive due to the stability of commodity prices and weakened seasonal demand in the region.

PET offers throughout the region mostly exceed CFR (cost and freight) at the main port for USD1000 per ton.

It is expected that trade in the region will improve in the second half of January amid sufficient supplies, as the slow economy in the region will continue to affect consumer interest.

According to ScanPlast reviewMarket Report, in January-November, the estimated PET consumption in Russia increased by 2% compared to the same period a year earlier and amounted to 639.58 thousand tons. Compared with November 2018, the total estimated consumption in the reporting month decreased by 22% and amounted to 46.16 thousand tons against 59.34 thousand tons last year.

DAK Americas, Mossi & Ghisolfi and Indorama are PET manufacturers in the Americas.

mrcplast.ru

Author: Anna Larionova

Polyethylene Terephthalate Pet Prices

Petrochemical Bioethanol Cellulose Fibres 08-01-2020

Petrochemicals Bioplastic Cellulose Fibres 09-01-2020

Petrochemicals Bioplastic Cellulose Fibres

-Crude Oil Prices Trend

Crude Oil Prices Trend

-Pet prices in Latin America are stable

Prices for polyethylene terephthalate (PET) in most Latin American countries

remain unchanged in January, despite rising prices in Asia, ICIS reports .

The offer remains extensive, as the markets in the region are weak against the backdrop of the New Year holidays.

Volatility is mainly due to a wide range of prices in the regions, which depend on imports mainly from Mexico and Asia. Petrochemicals Bioplastic Cellulose Fibres

Since December, there has been a growing Asian price trend for raw materials, which slowly raises PET prices and led to an increase in prices by USD10-30 per ton last week. This trend may ultimately affect prices in Latin America.

Petrochemicals Bioplastic Cellulose Fibres

-Oil prices shed gains as alarm over Iran rocket strike fades – for now

Brent oil futures fell today from a four-month peak hit in frenzied early trading after a rocket attack by Iran on US forces in Iraq appeared to have no impact on oil infrastructure or crude flows.

Tweets by US President Donald Trump and Iran’s foreign minister also seemed to signal a period of calm – for now.Petrochemicals Bioplastic Cellulose Fibres

Analysts said oil markets remained focused on the targets in today’s attack being military, rather than oil industry facilities.

Petrochemicals Bioplastic Cellulose Fibres

-US December IPEX down nearly 3% on sharply lower ethylene, PE prices

Lower olefins and polymers prices pushed the US IPEX down in December by 2.66%, helping to lower the global index value by 0.45% to 204.66.

The US index was down 2.66% month on month at 194.48.

US ethylene and polyethylene (PE) prices for December were under pressure from increased available supply. Petrochemicals Bioplastic Cellulose Fibres

Spot ethylene prices fell steadily in November and December, compared with September and October, highs that had been driven by production issues.

Cracker start ups and rate increases lifted supply towards the year end.

Petrochemicals Bioplastic Cellulose Fibres

-Biomaterials company to invest €9m into bioplastics

Stora Enso is investing €9m to build an experimental plant for enabling the production of biobased plastics as barrier in transparent packaging.

This pilot plant will transform plant-based sugars into the renewable building block required to make PEF, a biobased plastic, mainly targeting the food and beverage industry. Petrochemicals Bioplastic Cellulose Fibres

“Biobased materials are of rapidly growing interest in the packaging world as companies look for sustainable packaging materials with high performance,” says Markus Mannström, Executive Vice President of Stora Enso‘s Biomaterials division.

Petrochemicals Bioplastic Cellulose Fibres

-What really happens to plastic drink bottles you toss in your recycling bin

They’re usually turned into carpets and pillows, but 100% recycled bottles do exist

The infinite triangular loop of arrows that we know as the recycling symbol adorns millions of plastic pop and water bottles we carefully sort in the blue bin. It comforts us with the idea that each one will be recycled over and over again forever.

But unfortunately, most of the time, it’s a lie.Petrochemicals Bioplastic Cellulose Fibres

Many bottles aren’t recycled at all, and those that do get recycled usually aren’t turned into other bottles or recycled again after that.

Petrochemicals Bioplastic Cellulose Fibres

-Kickstart: Things you expect at CES and a few things you don’t

Adac Automotive is a top injection molder in North America landing at No. 42 on Plastics News ranking of injection molders.Petrochemicals Bioplastic Cellulose Fibres

It’s also an example of how old school molding is meeting the electronics future as its new JV, Radac Automotive, marries its ability to make parts like exterior mirror housings to partner Ainstein Inc.’s radar technology to develop and sell radar-sensing products for the auto industry.

Petrochemicals Bioplastic Cellulose Fibres

-SOCAR Turkey is a strategic partner of Azerbaijan and Turkey

The rapid development of relations between Azerbaijan and Turkey has become the driving force of regional progress and stability. The bonds of friendship, originating from the depths of history, trust and all-round connections originate from common roots, common cultural and religious values.Petrochemicals Bioplastic Cellulose Fibres

The Azerbaijani-Turkish relations that have no analogues in the world, which the National Leader Heydar Aliyev defined as “one nation, two states”, have moved to a new level. These relations are an important factor in the development and strengthening of relations not only between the two fraternal countries, but also of the entire Turkic world.

SOCAR Turkey is a strategic partner of Azerbaijan and Turkey

-Taiwan firms see risks, benefits from trade war

Textile exporters of Taiwan have welcomed a US ruling on dumping of polyester textured yarn by Chinese and Indian companies, but those operating in Vietnam see risks instead of new business opportunities as a result of the US-China trade war.

As Taiwanese textile exporters welcomed a November 2019 US ruling that is expected to benefit them, the past year witnessed Taiwanese firms operating in Vietnam foreseeing risks instead of new business opportunities while State-run oil supplier CPC Corp opened an office in New Delhi as part of its plans to set up a plant in India and forge ties with the petrochemicals industry there.Petrochemicals Bioplastic Cellulose Fibres

Taiwan firms see risks, benefits from trade war

-Green aspects top Heimtextil’s agenda again

At Heimtextil 2020, the world’s largest trade fair for home and contract textiles, green aspects are at the top of the fair’s agenda for the tenth time. With its range of measures, currently Heimtextil is promoting the industry’s commitment to sustainability and giving green pioneers a platform at Frankfurt, Germany. The fair will go on till January 10.Petrochemicals Bioplastic Cellulose Fibres

The tenth edition of the Green Directory, the exhibitor directory for sustainable producers, is supposed to include more pioneers and newcomers than ever before with 259 companies.

Green aspects top Heimtextil's agenda again

-Ever greener beauty: Italy bans microplastics in cosmetics

Green beauty: Italy bans microplastics in cosmetics. From 1 January 2020, beauty products in Italy will be more ecological

Italy inaugurated 2020 with a major environmental revolution: the farewell to microplastics in cosmetics, which became law following the entry into force, on January 1, of the 2018 Budget Law which provides for the ban on marketing.

A green change that the Belpaese began already last year, when it won the first place in the world ranking of countries to have ordered the ban on the production and sale of cotton swabs with plastic supports, obliging the marketing of cotton sticks in biodegradable and compostable material.Petrochemicals Bioplastic Cellulose Fibres

There are now many products sold on the market that contain them. These are small plastic particles which, although small in size ranging from 330 micrometers to 5 millimeters, are highly harmful not only for the environment and for animals, which mistaking them for food ingest them, but also for humans who they feed on it.

Ever greener beauty: Italy bans microplastics in cosmetics

-High heat polyester compounds offer alternative to PA in auto structural applications

At the recent K Show in Düsseldorf, Germany, material supplier Sabic launched of Xenoy HTX resin, a polyester-based, high-heat technology that can enable the production of light, impact resistant and high performing structural automotive applications. Xenoy products are alloys of a thermoplastic polyester (PET or PBT) and polycarbonate.

Xenoy HTX resin is especially relevant for today’s automakers, who need new polymer solutions for the production of structural components capable of withstanding higher temperatures, including those of e-coating lines operating above 180°C. Relevant applications include body-in-white components, structural reinforcements and battery protection systems for electric vehicles (EVs).Petrochemicals Bioplastic Cellulose Fibres

High heat polyester compounds offer alternative to PA in auto structural applications

Petrochemicals Bioplastic Cellulose Fibres

Petrochemical Bioethanol Cellulose Fibres 08-01-2020

Petrochemical Bioethanol Cellulose Fibres 08-01-2020

Petrochemical Bioethanol Cellulose Fibres

Crude Oil Prices Trend

Crude Oil Prices Trend

-Swiss Plastics Expo 2020: bfa solutions exhibiting with Sumitomo (SHI) Demag

At Swiss Plastics Expo 2020, bfa solutions and Sumitomo (SHI) Demag will demonstrate the advantages of horizontal and vertical connectivity using a system from MES PiSolutions and two injection moulding machines.

At Swiss Plastics Expo 2020, bfa solutions and Sumitomo (SHI) Demag will demonstrate the advantages of horizontal and vertical connectivity using a system from MES PiSolutions and two injection moulding machines. Petrochemical Bioethanol Cellulose Fibres

Petrochemical Bioethanol Cellulose Fibres

-High-quality plastic bottle sorting with the STADLER Delabeler

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.Petrochemical Bioethanol Cellulose Fibres

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.

Petrochemical Bioethanol Cellulose Fibres

-AIMPLAS creates SafetySenseO2 project to monitor food quality through oxygen sensors

AIMPLAS, the Plastics Technology Centre, has launched the SafetySenseO2 project to develop a printed oxygen sensor with the capacity to detect the presence of oxygen inside packaging through a colorimetric change that is visible to the human eye.

The use of this technology will make it possible to detect in-line defects in modified atmosphere packaging (MAP) in a non-destructive and economical way, as well as during transportation and storage. Petrochemical Bioethanol Cellulose Fibres

Petrochemical Bioethanol Cellulose Fibres

-Automotive Plastic Compounding Market To Witness Robust Expansion Throughout The Forecast Period 2019 – 2025

Advanced report on ‘Automotive Plastic Compounding Market’ Added by DataIntelo.com, offers details on current and future growth trends pertaining to the business besides information on myriad regions across the geographical landscape of the ‘Automotive Plastic Compounding Market’.

The report also expands on comprehensive details regarding the supply and demand analysis, participation by major industry players and market share growth statistics of the business sphere.Petrochemical Bioethanol Cellulose Fibres

Petrochemical Bioethanol Cellulose Fibres

-Rohrer Adds a Post-Consumer Recycled Combo Program

Helps customers reach sustainability goals.

Rohrer Corporation has unveiled ecoCombo, a post-consumer recycled materials combo program designed to compliments Rohrer’s ezCombo program.

Combo packaging production refers to a unique design and manufacturing process that combines multiple parts within the same run.

This shared tooling arrangement increases speed while reducing start-up costs for customers. ecoCombo offers a new way for retail brands to make sustainable packaging choices in their blister packaging.Petrochemical Bioethanol Cellulose Fibres

Rohrer Adds a Post-Consumer Recycled Combo Program

-The Packaging Conference 2020: New technology for plastic sustainability and more

It’s no surprise to Plastics Today readers that the focus on plastics, packaging and the environment has accelerated. However, what is newsworthy are the emerging approaches to addressing these complex issues.Petrochemical Bioethanol Cellulose Fibres

A significant portion of The Packaging Conference, February 3-5, at the AT&T Conference Center, Austin, TX, will be attacking the issue from different angles.

For example, Barnaby Wallace, global category lead packaging of the global pet care segment for Mars, Inc. (McClean, VA), will elaborate on “Sustainable in a Generation” as Mars plans to address the transformation of its business to a more sustainable future.

The Packaging Conference 2020: New technology for plastic sustainability and more

-Total plastics traceability via blockchain comes to CES

Buzz is building ahead of the annual consumer electronics show that begins in Las Vegas tomorrow (although press events and previews have been going on all weekend).

Skimming through media announcements related to CES, it seems that sex toys (which are back on the show floor after causing a bit of a stir at the 2019 event), a robocat that improves on the real thing by obeying verbal commands and 8K TVs (yeah, that’s a thing) are grabbing a lot of initial attention.Petrochemical Bioethanol Cellulose Fibres

-Total plastics traceability via blockchain comes to CES-Total plastics traceability via blockchain comes to CES

-Wittmann Battenfeld UK continues relationship with Linear Plastics

Linear Plastics has ended 2019 with an order for two new production cells, supplied by Wittmann Battenfeld UK.

The new injection moulding cells will help the Linear business handle the recent increase in the company order book, and are built around the Wittmann Battenfeld SmartPower injection moulding machine.Petrochemical Bioethanol Cellulose Fibres

Daniel Williams, Wittmann Battenfeld UK Director UK Director, said: “Our SmartPower machines range is enjoying iconic status currently, and growing from strength to strength with plastics processors.”

Wittmann Battenfeld UK continues relationship with Linear Plastics

-Recycled plastic milk bottles used to repave roads in South Africa

Shisalanga Construction uses high-density polyethene, a thick plastic that is turned into pellets at a local recycling plant

Spotted: In an effort to tackle the waste problem in South Africa and to improve the quality of its roads, Shisalanga Construction has started using recycling plastic milk bottles to make roads.Petrochemical Bioethanol Cellulose Fibres

Shisalanga uses high-density polyethene, a thick plastic that is turned into pellets at a local recycling plant. The pellets are then heated at 190 degrees celsius until they dissolve, and are mixed with additives. They replace six per cent of the asphalt’s bitumen binder, so every ton of asphalt contains roughly 118 to 128 bottles.

Recycled plastic milk bottles used to repave roads in South Africa

Petrochemical Bioethanol Cellulose Fibres

Petrochemical acrylonitrile Cellulose Fibres 07-01-2020

Petrochemical acrylonitrile Cellulose Fibres 07-01-2020

Petrochemical acrylonitrile Cellulose Fibres

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-CCL Industries buying Polish BOPP film company Flexpol for $22 million

The deal gives Toronto-based CCL the capability to deliver label films in Europe using the same technology it has in place at Innovia Mexico for the Americas.

Toronto-based specialty label and packaging supplier CCL Industries Inc. has signed a deal to buy Polish company Flexpol Sp. Z.o.o. for an estimated $22 million.

Flexpol is a producer of BOPP film which is used in packaging, labelling, and lamination.

“This operation brings us new capability to deliver label films in Europe using the same technology we have in place at Innovia Mexico for the Americas complementing existing product offerings from Innovia’s UK operations,” CCL president and CEO Geoffrey T. Martin said in a Jan. 3 statement.Petrochemical acrylonitrile Cellulose Fibres

Petrochemical acrylonitrile Cellulose Fibres

-Heimtextil Could be a Barometer for the Textile Market’s Strength

Don’t let the retail market fool you: Interest in the home and contract textiles market is stronger than ever as evidenced by the growing popularity in the Heimtextil trade show.

Taking place Jan. 7-10 in Frankfurt, Germany, Heimtextil has experienced exhibitor growth of more than 20 percent in the last 10 years, with much of this development coming from new international companies. Petrochemical acrylonitrile Cellulose Fibres

Petrochemical acrylonitrile Cellulose Fibres

-Companies embrace invisible barcode to aid in sorting

A major packaging producer will begin using a discrete barcode technology that can provide optical sorters with critical recycling information.

Berry Global Group announced it will incorporate the barcode technology from Beaverton, Ore.-based tech company Digimarc on its plastic packaging. The digital barcodes can be incorporated into labels or the plastic packaging itself, but they’re not perceptible to the eye. Petrochemical acrylonitrile Cellulose Fibres

Petrochemical acrylonitrile Cellulose Fibres

Digimarc’s technology is already used around the world in currency, identification cards, video broadcasts, products for sale in retail stores and other applications.

Petrochemical acrylonitrile Cellulose Fibres

-From Prada to Zegna, Max Mara and Gucci, fashion becomes green

Recycling, circular economy, ethical business approach. The groups and fashion houses of the fashion system are increasingly close to these themes, and this year more than ever they have brought the fruit of their commitment to the shops and catwalks
Sustainability is one of the hottest topics in recent years.

And in 2019 a focus that has massively affected the world of fashion, also thanks to the requests of increasingly sensitive consumers in terms of environmental respect, eco-sustainability and circular economy.Petrochemical acrylonitrile Cellulose Fibres

The big fashion brands, often pioneers of a green production, innovators for the use of particular fabrics with zero environmental impact, or sometimes even unrelated to this theme, have however used forces and resources to adopt new eco solutions, eliminate from their production polluting substances or fabrics or animal skins and devise initiatives that show the sustainable approach of their company.

PRADA Re-Nylon

The Milanese maison of Miuccia Prada and Patrizio Bertelli has fostered the union of one of the most iconic symbols of Prada, nylon, to the work of Aquafil.

The Trentino-based company has been for 50 years among the first companies in the world known for the production of synthetic fibers, especially polyamide 6, i.e. nylon.

That of the new models of iconic Prada branded backpacks and bags, as announced in June 2019, is called Econyl and will come precisely from the recycling of fishing nets and floor carpets, supplied by Aquafil. Petrochemical acrylonitrile Cellulose Fibres

Petrochemical acrylonitrile Cellulose Fibres

-The US economy is a ‘job machine.’ Can it last?

Happy Sunday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here.

This week brings the final US jobs report of 2019, buttoning up a solid year for jobs growth as consumer spending stayed strong and concerns about a recession abated.

But it’s an open question how long substantial jobs growth can continue. Heading into 2020, momentum is poised to weaken.Petrochemical acrylonitrile Cellulose Fibres

The US economy is a 'job machine.' Can it last?

-Lanxess cautiously optimistic for 2020

As a major supplier to the automotive industry, German specialty chemicals company Lanxess AG is upbeat about the prospects of the automotive market despite a significant decline in demand, particularly in Europe, so far.

Axel Tuchlenski, head of global product and application development in the High Performance Materials business unit of Lanxess, told Plastics News Europe in an interview in late 2019 that the industry was “close to bottoming out” the downturn, adding that his company was “cautiously optimistic for the coming year.”

Petrochemical acrylonitrile Cellulose Fibres

Lanxess cautiously optimistic for 2020

-New BASF low-viscosity thermoplastic has wide scope

BASF is expanding its Ultrason P product range with a low-viscosity grade that is suitable for manufacturing large, complex-shaped components such as inflight catering dishes and heat-resistant containers with thin-walled geometries.

The new grade, named polyphenylsulfone (PPSU) Ultrason P 2010, is claimed to offer improved flow behaviour in injection moulding while maintaining the mechanical properties of Ultrason P.  Petrochemical acrylonitrile Cellulose Fibres

This characteristic means that during processing, raw material use, energy consumption and component weight can be reduced: the tool is also claimed to fill up at lower injection pressures and processing temperatures.

-TANATEX Chemicals: Speed-Up Polyester Dyeing Times

Polyester accounts for more than 50% of the global textile fiber market – no matter the end use.

That’s a lot of polyester needing to be pre-washed, dyed and finished, packed and distributed to customers all around the world.

The dyehouse manager might confirm that pressure is on to deliver high quality products while speeding up their processes. Petrochemical acrylonitrile Cellulose Fibres

Generally, dyeing polyester takes up to 200 minutes including reduction clearing.

Can you speed up, and still reach high quality while saving out on energy, valuable process time and water? We see opportunities to do this in several ways, but the most effective way is probably to reduce polyester dyeing time.

When done right, this measure can reduce energy usage by 30%.

-TANATEX Chemicals: Speed-Up Polyester Dyeing Times

-Saudi expos to highlight diversification plans

The latest editions of Saudi Plastics and Petrochem Exhibition 2020 and Saudi Print and Pack Exhibition 2020 (Saudi PPPP) are set to review the Kingdom’s economic diversification plans and investment opportunities, said event organisers.

Organized by Riyadh Exhibition Company at Riyadh International Convention and Exhibition Center, the 17th edition of exhibitions will highlight governmental efforts that aim to enhance the attractiveness and competitiveness of these vital sectors and their important roles in the Kingdom’s economic diversification efforts.Petrochemical acrylonitrile Cellulose Fibres

-Saudi expos to highlight diversification plans

Petrochemical acrylonitrile Cellulose Fibres

Petrochemical Polypropylene Cellulose Fibres 06-01-2020

Petrochemical Polymers Fibres Polyester Prices

Petrochemical Polymers Fibres Polyester

Petrochemical Polymers Fibres Polyester

Polyestertime
ITEM30/12/201906/01/2020+/-
Bottle grade PET chips domestic market6,550 yuan/ton6,625 yuan/ton+75
Bottle grade PET chips export market840 $/ton845 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Fibres Polyester

6,325 yuan/ton6,350 yuan/ton+25
Filament grade Bright chips domestic market6,325 yuan/ton6,400 yuan/ton+75
Pure Terephthalic Acid PTA domestic market4,910 yuan/ton4,975 yuan/ton+65
Pure Terephthalic Acid PTA export market
625 $/ton 620 $/ton+5
Monoethyleneglycol MEG domestic market5,030 yuan/ton5,230 yuan/ton+200
Monoethyleneglycol MEG export market586 $/ton602 $/ton+17
Paraxylene PX FOB  Taiwan market860 $/ton844 $/ton-16
Paraxylene PX FOB  Korea market844 $/ton827 $/ton-17
Paraxylene PX FOB EU market

Petrochemical Polymers Fibres Polyester

771 $/ton754 $/ton-17
Polyester filament POY 150D/48F domestic market7,100 yuan/ton7,125 yuan/ton
+25
Recycled Polyester filament POY  domestic market7,050 yuan/ton6,950 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market8,850 yuan/ton8,900 yuan/ton+50
Polyester filament FDY 68D24F domestic market 8,100 yuan/ton8,150 yuan/ton+50
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Fibres Polyester
7,600 yuan/ton7,625 yuan/ton+25
Polyester staple fiber 1.4D 38mm domestic market7,000 yuan/ton7,100 yuan/ton+100
Caprolactam CPL domestic market11,000 yuan/ton11,100 yuan/ton
+100
Caprolactam CPL overseas  market1,240 $/ton1,250 $/ton+10
Nylon6 chips overseas  market1,510 $/ton1,560 $/ton+50
Nylon6 chips conventional spinning domestic  market12,100 yuan/ton12,100 yuan/ton
Nylon6 chips  high speed spinning domestic  market11,850 yuan/ton12,000 yuan/ton+150
Nylon 6.6 chips domestic  market22,600 yuan/ton22,600 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Fibres Polyester

13,950 yuan/ton14,000 yuan/ton+50
Nylon6 Filament DTY 70D/24F domestic  market16,600 yuan/ton16,700 yuan/ton+100
Nylon6 Filament FDY  70D/24F  domestic  market15,100 yuan/ton15,200 yuan/ton+100
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 market8,000 yuan/ton8,050 yuan/ton+50
Benzene domestic market5,860 yuan/ton5,970 yuan/ton+110
Benzene overseas  market744 $/ton740 $/ton –-4
Ethylene South East market670 $/ton670 $/ton
Ethylene NWE  market775 $/ton781 $/ton+6
Acrylonitrile ACN  domestic market11,100 yuan/ton10,800 yuan/ton-300
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 market9,700 yuan/ton9,500 yuan/ton-200
PP Powder domestic market7,480 yuan/ton7,450 yuan/ton-30
Naphtha overseas market 

Petrochemical Polymers Fibres Polyester

589 $/ton575 $/ton
-14
Phenol domestic market 7,262 yuan/ton7,375 yuan/ton+113
PS Taiwan 5250 GPPS1,053 $/ton 1,050 $/ton-3
PS Taiwan 8250 HIPS1,078 $/ton 1,181 $/ton+103
LDPE CFR Far East 882 $/ton882 $/ton
LLDPE CFR Far East832 $/ton837 $/ton+5
LDPE   FOB Middle East874 $/ton869 $/ton-5
LLDPE FOB Middle East824 $/ton824 $/ton
HDPE CFR Far East834 $/ton834 $/ton
LDPE FD Northwest Europe 913 €/ton913 €/ton
LLDPE FD Northwest Europe 903 €/ton903 €/ton
Homopolymer PP CFR Far East905 $/ton910 $/ton+5
Homopolymer PP FD NWE961 €/ton961 €/ton

Petrochemical Polymers Fibres Polyester

Petrochemical Polypropylene Cellulose Fibres 06-01-2020

Petrochemical Polypropylene Cellulose Fibres

Petrochemical Polymers Fibres Polyester Prices

Petrochemical Polypropylene Cellulose

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Will Oil Become a Weapon of Choice for Iran?

Events in 2019 served as a reminder for just how vulnerable the world’s oil supply is, and Iran was usually blamed as the culprit for attacks on ships, pipelines and processing plants in the Middle East.

But the knock-on effects blew over quickly in a world that appeared oblivious to the geopolitics of oil.

Now in the wake of the U.S. killing of Qassem Soleimani, the Iranian general who led the Revolutionary Guards’ Quds force, the big question hanging over the market is whether Iran will target oil in its response.

-Will Oil Become a Weapon of Choice for Iran?

-Lenzing and Duratex to jointly build world-scale dissolving wood-pulp plant in Brazil

The Lenzing Group (Lenzing, Austria; www.lenzing.com) and Duratex, the largest producer of industrialized wood panels in the southern hemisphere, announce that they will jointly build a 500,000-ton dissolving wood-pulp plant in the State of Minas Gerais, near Sao Paulo (Brazil).

The startup is planned for the first half of 2022. In the joint venture related to this plant, Lenzing holds a 51%, Duratex a 49% stake.

The expected industrial CAPEX will be approx. $1.3 billion (based on current exchange rates and customary tax refunds).

The project is financed through long-term debt. The corresponding financing contracts are expected to be concluded at the end of the first quarter of 2020.

Petrochemical Polypropylene Cellulose Fibres

-Polyamide homes in on EV cooling systems

Solvay Performance Polyamides’ Technyl Blue range, which the company claims is the market reference for thermal management, has been augmented with new grades specifically designed for electric vehicle (EVs/HEVs).

Based on polyamide (PA) 66 and 610 polymer technology, these new materials address both injection molding for parts in cooling circuits and air-conditioning systems, which also benefit from the brand-new extrusion range.

Petrochemical Polypropylene Cellulose Fibres

-NewsWrap ’19-Select 10: Europe

EU-Mercosur FTA opens opportunity for textiles industry

Euratex welcomed end of negotiations for a Free Trade Agreement (FTA) between EU and Mercosur (Argentina, Brazil, Paraguay and Uruguay).

The EU-Mercosur FTA is the largest trade agreement ever concluded by the European Union, covering a population of 780 million.

This agreement will save European companies over €4 billion in duties.

For the textile and clothing industry tariffs have been very high, reaching 35 per cent in Brazil…

Textile care label key in European buying decisions

Petrochemical Polypropylene Cellulose Fibres

-PE sorting is enhanced with ‘deep learning’ technology

Tomra Sorting Recycling has launched a feature to help boost capabilities of optical sorters in the company’s Autosort line.

The GAIN product is a system that applies “deep learning-based sorting technology” to enhance existing sortation equipment.

According to Tomra, the GAIN system classifies objects “based on sensor data,” which means it uses a camera and identifies materials based on the image.

And the technology’s “deep learning” ability means the image identification gets better over time.

-PE sorting is enhanced with ‘deep learning’ technology Tomra Sorting Recycling has launched a feature to help boost capabilities

-Oil jumps with escalation of tension in Gulf

Crude price may not go above $70 a barrel

WITH the news of USA-Iran tensions, oil prices have jumped to above $69 per barrel, raising speculations of how high the oil price will reach or when the tension will cease in the oil-rich region that produces more than 20 million barrels a day.

This leaves the speculators pushing the oil prices to new level, but not like the previous years. This time, the impact on oil prices will not be that great.

It may not go above $70 a barrel. USA now is out of the oil formula with its own domestic production of conventional and shale oil that has hit a production level of 13 million barrels and made USA one among the biggest producers, ahead of Russia and Saudi Arabia.

Oil jumps with escalation of tension in Gulf

-Plastics recycling technology roundup

Plastics Recycling Update iconA reclaimer is recovering polyamide from multi-layer films via a solvent-based process, and additive companies release products to boost recycled polyamide and PP.

Polyamide processing equipment: German reclaimer APK says melt processing equipment from Nordson Corporation is helping it produce high-quality polyamide resin out of multi-layer film scrap feedstock. APK in June opened a plant in Merseburg, Germany, using a process the company calls “Newcycling.” That facility, which has a capacity of over 17 million pounds per year, uses a solvent-based process to separate PE and polyamide in post-industrial multi-layer packaging films.

Plastics recycling technology roundup

-Why oil could hit $80 even without a ‘full-blown’ U.S.-Iran war

It’s always useful to have a sense of Middle Eastern history, as financial markets swirled following the news of the U.S. airstrike that killed a prominent Iranian general in Baghdad.

So let’s go way back to…September, when an unprecedented drone attack on Saudi Arabia oil processing facilities cut the country’s production in half.

Crude-oil futures BRN00, +0.15%  shot up some $8 a barrel, the largest one-day rise in history, and analysts speculated that prices could climb further. Within days, however, those gains were erased, and investors became comfortable enough with the security situation that Saudi Aramco 2222, +0.14%  later in the year was even able to go public.

Petrochemical Polypropylene Cellulose Fibres

-The airbags of tomorrow: future car safety tech explained

In the face of the Takata recall, car makers are looking to innovative new technology for the next generation of airbags

Tomorrow’s technology today

The future of car airbags

We look at next-gen safety kit

Inventive as ever, humans keep finding new ways to crash cars. Fortunately, automotive boffins keep coming up with new ways to protect us.

The airbags of tomorrow: future car safety tech explained

Petrochemical Polypropylene Cellulose Fibres

Petrochemical Polyethylene Cellulose Fibres 04-01-2020

Petrochemical Polyethylene Cellulose Fibres 04-01-2020

Petrochemical Polyethylene Cellulose Fibres

-OUTLOOK ’20: Fundamentals supportive of oil prices in 2020

2020 looks set to be a bullish year for crude with several key factors pushing the price higher across the globe.

The IMO 2020 regulations coming into effect and the US-China trade deal reaching a phase one agreement are some of the most pressing.

Petrochemical Polyethylene Cellulose Fibres

-Co-combustion of wood and oil-shale reduces carbon emissions

Utilization of fossil fuels, which represents an increasing environmental risk, can be made more environmentally friendly by adding wood—as concluded based on the preliminary results of the year-long study carried out by thermal engineers of Tallinn University of Technology. Petrochemical Polyethylene Cellulose Fibres

In search of less polluting ways of energy production, increasing the amount of biomass as a source of raw materials offers a good way to use fossil fuels and reduce emissions.

Petrochemical Polyethylene Cellulose Fibres

-Turkey: Exporters are not required to convert FX revenues into lira

Turkey has scrapped a requirement that exporters convert foreign exchange revenue into lira, according to an amended decree published on country’s Official Gazette, reports Reuters. Petrochemical Polyethylene Cellulose Fibres

The decree, requiring exporters to convert at least 80% of their overseas revenue into lira was published on September 4, 2018, during the height of a currency crisis which wiped some 30% off the value of the Turkish currency.

Petrochemical Polyethylene Cellulose Fibres

-OUTLOOK ’20: Europe nylon, capro demand to remain weak until automotives improves

The European nylon 6, nylon 6,6 and upstream caprolactam (capro) markets are expected to remain weak on low buying interest until consumption in the main downstream automotive sector improves.

The automotive sector has experienced a slowdown throughout 2019 due to car manufacturers halting production in order to reduce inventory levels and move toward more sustainable car models. Petrochemical Polyethylene Cellulose Fibres

Therefore, increased buying interest in automotives is the key topic for 2020 and the main driver for recovery in the nylon and capro markets.

Market players are uncertain regarding when demand could pick up in 2020, with some players expecting a stronger Q1 2020 driven by restocking after the quiet Christmas and New Year holiday period at the end of 2019.

Petrochemical Polyethylene Cellulose Fibres

-Deadly attack by US on Iranian general rattles energy market

Crude prices on Friday had the largest one-day spike since a September attack on the world’s largest oil processing facility in Saudi Arabia after the U.S. killed Iran’s top general in a drone strike.

If sustained, the rise in oil prices could push the cost of gasoline, heating fuel and electricity higher, potentially dragging on the global economy at a time when it is already slowing.

Deadly attack by US on Iranian general rattles energy market

-India’s OMPL offers benzene for 2020

Indian petrochemical producer, OMPL Mangalore Petrochemicals has offered up to 54,000t of benzene to overseas buyers through a tender issued today.

The tender invites buyers to submit bids for 6,000t of benzene each month for shipment during February-March and June-December 2020, a total of nine months.

Bids are to be submitted by 8 January with validity until 10 January.

Negotiations for 2020 term contracts are continuing throughout Asia-Pacific. Many producers made offers later than usual.Petrochemical Polyethylene Cellulose Fibres

India’s OMPL offers benzene for 2020

-Clariant Agrees to Sell Masterbatches Business for $1.6 Billion

This amount is payable at closing, which is expected by Q3 2020.

Clariant agreed to sell its entire Masterbatches business to PolyOne.

The transaction values the Masterbatches business at roughly $1.56 billion, representing c. 12.2 times the last twelve months reported EBITDA (ending September 2019) on a cash and debt-free basis.Petrochemical Polyethylene Cellulose Fibres

This amount is payable at closing, which is expected by Q3 2020.

“This announcement is a significant milestone on our path to focussing on businesses with above-market growth, higher profitability and stronger cash generation.

Clariant Agrees to Sell Masterbatches Business for $1.6 Billion

-2019 was worst year for automobile sector in decades

The year saw major automobile manufacturers cutting down on production and on working hands

The Indian automobile industry faced its worst year in 2019 as it witnessed the worst-ever downturn of two decades with passenger vehicles sales sliding sharply on the back of declining demand, according to data in the public domain.

The prominent automobile companies of the Indian market have released the December 2019 car sales reports which shows an abrupt decline in the passenger, utility and small commercial vehicle segment.Petrochemical Polyethylene Cellulose Fibres

2019 was worst year for automobile sector in decades

-Poland’s Azoty launches nylon compounding plant

European chemicals company Grupa Azoty has extended its output of technical plastics further with the production launch at a new 23.4-million-euro compounding plant in south eastern Poland.Petrochemical Polyethylene Cellulose Fibres

The 50,000 metric-tons-per-year unit, constructed together with German technology partner Akro-Plastik GmbH. at Tarnów, will process product from its nearby 80,000 metric-tons-per-year nylon plant. The compounding facility is turning out modified plastics for sectors such as automotive, electronics, construction and mechanical engineering.

Petrochemical Polyethylene Cellulose Fibres

Petrochemical Polyethylene Cellulose Fibres

Petrochemical Polyester Cellulose Fibres 03-01-20

Petrochemical Polyester Cellulose Fibres 03-01-2020

Petrochemical Polyester Cellulose Fibres

-Crude Oil Prices Trend  

Crude Oil Prices Trend

-At 79 years, you will have consumed 20kgs of plastics — study

A study has found out that we are breathing micro-plastic, eating it and drinking plastic-filled water daily.

According to the Guardian, plastics do not decompose, but they break down into smaller pieces, spread to the rivers and ocean, get eaten by fish and other marine animals and become part of the food chain.

A study done by the WWF (World Wide Fund for Nature) International noted that you could be swallowing plastic the size of a credit card in a week, through water and other sources such as shellfish.

Petrochemical Polyester Cellulose Fibres

-Is The Shale Boom Running On Fumes?

Shale drilling does not produce as much oil and gas as the industry promised, raising questions about the productivity, profitability and, ultimately, the longevity of the fracking boom.

The Wall Street Journal published a damning investigation into the productivity of thousands of shale wells, finding that as time has passed, oil and gas production from shale wells has proved to be more disappointing than previously thought. The report adds more evidence to the conclusion that the WSJ came to nearly a year ago, which raised serious questions about problems endemic to shale drilling.

Petrochemical Polyester Cellulose Fibres

-Textile sector picks up but challenges remain

The textile industry of Pakistan had high hopes for the announcement of a handful of beneficial and favourable policies by the government of Prime Minister Imran Khan, which has now been in power for nearly one and a half year.

Earlier in the final years of previous Pakistan Muslim League-Nawaz (PML-N) government, Imran Khan – then an opposition leader – had expressed solidarity with the textile sector, apparently a political step to win over voters in the upcoming general elections in mid-2018. He assured them of formulating sector-specific growth policies if the Pakistan Tehreek-e-Insaf (PTI) came to power.

Petrochemical Polyester Cellulose Fibres

-Audi and Umicore Start Closed Loop Battery Recycling for Cobalt and Nickel

Audi and Umicore have successfully completed the test phase of their strategic research cooperation.

The result is that more than 90 percent of the cobalt and nickel in the high-voltage batteries of the Audi e-tron can be recovered.

The car manufacturer and the materials technology and recycling expert are therefore now entering the next phase.

Petrochemical Polyester Cellulose Fibres

-Vietnam: Getting Ready For FTAs

The US-China trade war had its side-effect on Vietnam’s textiles-garment industry with a fall in both exports and production being reported. Investments nevertheless kept pouring in.

The Vietnamese textiles and garment industry in 2019 mostly kept itself busy preparing to meet the demands of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the various free trade agreements (FTAs), and tackle the impact of the US-China trade war. A drop in orders from foreign buyers was reported by businesses.

Petrochemical Polyester Cellulose Fibres

-Debonair Group to turn plastics into jackets

Debonair Group is set to establish a recycling facility to turn discarded plastic into yarn and fibres for manufacturing jackets, paddings and quilts, keeping in tune with rising global demand for manmade fibres and growing environmental awareness.

Synthetic fibres made up about 45 percent of apparel traded globally in 2017, amounting to some $150 billion. It has witnessed a compound annual growth rate (CAGR) of 5 percent between 2007 and 2017.

Petrochemical Polyester Cellulose Fibres

-The German automotive business is in a rush with the electrical motor

Now it actually has to occur in Germany. The automotive business within the nation is in the beginning of main adjustments because of the rise of electrical driving.

“Many people in our industry still don’t realize what’s going on,” says Stefan Wolf. Wolf is director of one of many many corporations that offer components to main automotive producers. ElringKlinger, within the city of Dettingen on the Erms in Baden-Württemberg, is the so-called international market chief Zylinderkopfdichtungen, head gaskets situated in a combustion engine between the engine block and the cylinder head.

The German automotive business is in a rush with the electrical motor

-Viewpoint: US benzene, styrene could be more volatile

US styrene and benzene markets could see more volatility in early 2020 as falling styrene margins through most of 2019 curbed export contracts.

US traders have shied away from renewing styrene contracts with US producers, particularly on a cost-plus basis, as styrene margins are expected to be below 2018-19 levels throughout 2020.

Global supply increases, particularly in China, are the main driver for lower styrene prices, lower margins and a 2020 expectation for narrower spreads over benzene.

Viewpoint: US benzene, styrene could be more volatile

-Volume Resin Prices Flat or Down

Feedstock costs are lower, supply is outpacing demand, and overall global demand has slowed.

Prices of nearly all volume resins were largely expected to bottom out by the end of 2019, and flat pricing was generally projected for the start of this new decade. Factors driving the downward trajectory included lower feedstock prices, supply outpacing demand, and an overall global demand slowdown and lower global prices.

Those are the views of purchasing consultants from Resin Technology, Inc. (RTi), senior editors from Houston-based PetroChemWire (PCW); and CEO Michael Greenberg of The Plastics Exchange.

Volume Resin Prices Flat or Down

Petrochemical Polyester Cellulose Fibres

Petrochemical Polyamide Recycling Sanctions 31-12-2019

Petrochemical Polyamide Cellulose Fibres 02-01-2020

Petrochemical Polyamide Cellulose Fibres

Crude Oil Prices Trend

Crude Oil Prices Trend 

-Russia, China to hold more U.N. talks on lifting N.Korea sanctions – diplomats

UNITED NATIONS, Dec 29 (Reuters) – U.N. Security Council members are due to meet informally on Monday for a second round of negotiations on a Russian and Chinese proposal to lift a raft of sanctions on North Korea, a move that some diplomats say has little support.

China and Russia are convening negotiations a day before North Korean leader Kim Jong Un’s deadline for the United States to show flexibility in stalled talks aimed at getting Pyongyang to give up its nuclear weapons program. North Korea has warned the United States could receive an unwanted “Christmas gift” if it fails.

Petrochemical Polyamide Cellulose Fibres

-Oil price rise muted in 2019 despite sanctions, supply cuts, attack in Saudi Arabia

Oil prices rose more than 20% this year but there were no sharp spikes and crude futures barely sniffed $70 a barrel despite attacks on the world’s biggest oil producer, sanctions that crippled crude exports of two OPEC members and gigantic supply cuts from big oil producing countries. Petrochemical Polyamide Cellulose Fibres

The price gains in crude oil benchmarks were all in the first quarter of 2019, even as the next several months featured supply shocks that in the past would probably have propelled crude past the $100 mark.

Petrochemical Polyamide Cellulose Fibres

-OUTLOOK ’20: Latin American PET remains slow on long global supply

The polyethylene terephthalate (PET) markets in Latin America are likely to remain slow on the back of long supply, falling prices and low buying interest.

Latin American resin trading has been dragged down by an environment of tension that emerged during the third and fourth quarters of 2019. Economic and political difficulties in several countries will contribute to a cautious outlook for the first quarter of 2020.

Political events have severely impacted on local economies. This has led to demonstrations and civil unrest, hampering any hope of a significant improvement in the near future – despite the warmer weather. Petrochemical Polyamide Cellulose Fibres

Petrochemical Polyamide Cellulose Fibres

-New study: CAGR of 21.3%, Biodegradable Plastic Market is booming worldwide

The research study provides market introduction, BIODEGRADABLE PLASTIC market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, BIODEGRADABLE PLASTIC market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business intelligence.

The global biodegradable plastic market was valued at $1.2 billion in 2018, and is projected to reach $6.0 billion by 2026, growing at a CAGR of 21.3% from 2019 to 2026.Petrochemical Polyamide Cellulose Fibres

Petrochemical Polyamide Cellulose Fibres

-Clariant debuts bio-based plastic additives

Clariant has teamed up with renewable hydrocarbon producer Neste to offer a wide range of additives based on mass balance certified ethylene and propylene from renewable feedstock, which reliably deliver both high performance and sustainability.

Neste’s renewable hydrocarbons are based on sustainably produced bio-based raw materials, such as waste and residue oils, so they help in reducing consumption of fossil resources, and fossil-based carbon emissions to the atmosphere.

Petrochemical Polyamide Cellulose Fibres

-Petrochemical Product Margins at All-time Lows

The margins of petrochemical products such as ethylene have reached record lows and the industry is likely to have a hard time next year.

The ethylene margin recently became negative with the prices of downstream products such as polyethylene remaining stagnant.

Besides, the paraxylene margin has remained sluggish throughout this year.

China’s paraxylene self-sufficiency has exceeded 100 percent to adversely affect South Korean companies. Petrochemical Polyamide Cellulose Fibres

This year and next year, China is estimated to increase its paraxylene production by at least 12 million tons.

Petrochemical Product Margins at All-time Lows

-TAITRA to show new sports accessories manufacturing tech

Taiwantrade backed by Taiwan External Trade Development Council (TAITRA), will display Taiwan’s latest sports accessories manufacturing technology at ISPO Munich 2020 from January 26-29 at Messe Munchen, Germany. Through exhibition of more than 20 products such as sports towels & glasses, TAITRA hopes the products will attract a lot of business opportunities. Petrochemical Polyamide Cellulose Fibres

Taiwantrade is Taiwan’s most prominent B2B portal, organised by TAITRA and backed by BOFT. TAITRA assists Taiwanese businesses in strengthening their competitiveness in the international market.

TAITRA to show new sports accessories manufacturing tech

-OPEC+ may mull oil production growth, says Russ Energy Minister Novak

Adding scepticism over oil output and crude futures’ price outlook despite an accord reached earlier this month to curb oil production by 2.1 million barrels per day or 2.1 per cent of the world’s entire crude output, Russ Energy Minister Alexander Novak said in an interview with the Russia-24 on Sunday, the 29th of December 2019, that, the OPEC+ members, OPEC and its Russia-led allies could contemplate an option to heighten up crude oil output over a G20 summit ahead. Petrochemical Polyamide Cellulose Fibres

OPEC+ may mull oil production growth, says Russ Energy Minister Novak

-Mealworms can effectively degrade toxic additives in plastics

One solution to the toxins produced from some forms of plastic could be found with the humble mealworm, according to new research. Mealworms are capable of eating plastic and its toxic by-products.

Stanford University scientists have shown how mealworms can consume various forms of plastic as well as digesting the toxic plastic additives in Styrofoam. Remarkably, there are no ill effects for the mealworm. Petrochemical Polyamide Cellulose Fibres

In terms of how mealworms can breakdown plastics and associated toxins, this comes down to the bacteria in the gut of the worm, which are capable of biodegradation. Mealworms are the larval form of the mealworm beetle, Tenebrio molitor, a species of darkling beetle.

Mealworms can effectively degrade toxic additives in plastics

-Opaque Polymer Market New Research On Top Players 2025

Opaque Polymer Market: Snapshot

The demand within the global opaque polymer market is rising on account of advancements in the constructions industry.

The demand for opaque polymer majorly comes from manufacturers of wall paints and oils.  Petrochemical Polyamide Cellulose Fibres

Opaque polymers have replaced titanium dioxide in the manufacture of oil paints, and this factor has aided market growth.

Paperboard coatings are used across a wide spectrum of industries which has also aided market growth.

Opaque Polymer Market New Research On Top Players 2025

Petrochemical Polyamide Cellulose Fibres

Petrochemical Polyamide Recycling Sanctions 31-12-2019

 

Petrochemical Polyamide Recycling Sanctions 31-12-2019

Petrochemical Polyamide Recycling Sanctions

Crude Oil Prices Trend

Crude Oil Prices Trend

-Versalis will stop cracker in Priolo at the end of December for turnaround

Versalis, the petrochemical division of Italy’s Eni SpA, plans to stop a cracking unit in Priolo, Sicily, for repairs in the last days of December, Polymerupdate reports.

The capacity of the cracking unit at this complex is 490,000 tonnes of ethylene and 130,000 tonnes of propylene per year. The maintenance works will last until February next year. Loading at this cracking installation was reduced in November and December.

It was previously reported that Versalis shut repairing this cracking unit in the spring of 2018.

Petrochemical Polyamide Recycling Sanctions

-Oil prices head into 2020 with renewed optimism

Despite the positivity, 2020’s main challenge to oil markets will be continued oversupply

Abu Dhabi: After a year of volatility in the oil market, prices are heading into 2020 with a sense of optimism, with oil markets closing on a fourth straight weekly high on Friday.

Brent was trading at $68.16 with West Texas Intermediate (WTI) on $61.72, as oil prices continued to the ride the momentum of a US-China phase-one trade deal and production cuts by Opec+, which will come into effect starting in January — bringing the group’s total production cuts to 1.7 million barrels per day (bpd).

Petrochemical Polyamide Recycling Sanctions

-Apicorp finance for Sonatrach Italian refinery

Arab Petroleum Investments Corporation (Apicorp) is providing $250m of financing to Algeria’s national oil company Sonatrach for its Italian refinery Sonatrach Raffineria Italiana.

The multinational Arab development bank has agreed two loans with Sonatrach subsidiary Sonatrach Petroleum Investment Corporation (Spic).

A $100m loan will be used to fund maintenance of the Sonatrach Raffineria Italiana complex in Sicily, Italy, which Sonatrach acquired from ExxonMobil in 2018.

Petrochemical Polyamide Recycling Sanctions

-Paraxylene Market to Discern Magnified Growth by 2021

Paraxylene, also known as PX or P-Xylene, is an aromatic hydrocarbon compound, derived particularly from benzene.

Paraxylene is a colorless, toxic, sweet-smelling, and highly flammable chemical at room temperature .

It is found naturally in petroleum and coal tar. Paraxylene or P-Xylene is an isomer of xylene compound, derived from benzene. Some of the other isomers of xylene include O-xylene and M-xylene.

Paraxylene finds its largest application in large-scale manufacturing of terephthalic acid for polyester; also known as parylene.

Petrochemical Polyamide Recycling Sanctions

-A Bioplastic Made From Fish Waste

Although fish leather is part of an ancient tradition, especially in East Asia, it has only recently been rediscovered. The advantage of this material is that its mechanical properties are almost identical to those of conventional leather, but the production process can make use of waste from the food industry.

Lucy Hughes, a student at the University of Sussex has recognized fish waste as a sustainable material source, and has invented a process for turning it into an alternative source of plastic, hoping to solve the problem of both single-use plastics and waste streams.

Petrochemical Polyamide Recycling Sanctions

-Sinopec & LyondellBasell to Form 2nd Chemicals’ JV in China

China Petroleum & Chemical Corporation or Sinopec recently signed a memorandum of understanding with LyondellBasell Industries N.V. (LYB – Free Report) to create a new 50-50 joint venture (JV) for developing a new propylene oxide and styrene monomer unit. This is a second such joint venture between the two companies.

The new unit will likely have an annual production capacity of 300 kilo tons of propylene oxide and 600 kilo tons of styrene monomer. The JV is expected to start the new facility’s construction early next year, which will bring the unit online by 2022.

Sinopec & LyondellBasell to Form 2nd Chemicals' JV in China

-Sustainable packaging evolves with consumer demand

The conversation regarding sustainable packaging is central in today’s perishables industry, as consumer demand for sustainability in food packaging continues to grow.

Packaging companies are pursuing new and innovative methods to package produce, some of which are having surprising and very positive impacts on the logistics of moving perishables.

Sustainable packaging evolves with consumer demand

Petrochemical Polyamide Recycling Sanctions

Petrochemical Circular Economy Sanctions 30-12-2019

Versalis Petrochemical Priolo December

Versalis Petrochemical Priolo December

Versalis will stop cracker in Priolo at the end of December for turnaround

Versalis Petrochemical Priolo December

Versalis, the petrochemical division of Italy’s Eni SpA, plans to stop a cracking unit in Priolo, Sicily, for repairs in the last days of December, Polymerupdate reports.

The capacity of the cracking unit at this complex is 490,000 tonnes of ethylene and 130,000 tonnes of propylene per year. The maintenance works will last until February next year. Loading at this cracking installation was reduced in November and December.

It was previously reported that Versalis shut repairing this cracking unit in the spring of 2018. Versalis Petrochemical Priolo December

Ethylene and propylene are the main raw materials for the production of polyethylene (PE) and polypropylene (PP), respectively.

According to ScanPlast of Market Report, the estimated PE consumption in Russia amounted to 1,589,580 tonnes in the first nine months of this year, which is 7% more than a year ago.Shipments of all PE grades increased.

Calculated PP consumption in the Russian market was 976,790 tonnes in January-September 2019, up by 4% year on year. Shipments of PP block copolymer and homopolymer PP increased.

Versalis is a petrochemical company, a 100% subsidiary of the Italian oil and gas company Eni SpA. The company produces a wide range of petrochemical products, and is also one of the world’s leading elastomer companies.

Eni spa (Ente Nazionale Idrocarburi) is an Italian oil and gas company headquartered in Rome. Eni operates in 70 countries.

mrcplast.com

Author: Margaret Volkova

Versalis Petrochemical Priolo December

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

Petrochemical Circular Economy Sanctions 30-12-2019

Petrochemical circular economy Sanctions

Petrochemical Polymers Fibres Polyamide Prices

Petrochemical Circular Economy Sanctions

Crude Oil Prices Trend

Crude Oil Prices Trend

-Parx Plastics and PepsiCo sign co-operation agreement

Parx Plastics has announced the signing of a Master Service Agreement with PepsiCo to develop a solution providing a high level of microbiological reduction in high-performance plastics.  Petrochemical Circular Economy Sanctions

Conversations with PepsiCo on applying the Parx Plastics technology started in June 2016. Since then parties have worked together initiating tests and sample production. The agreement announced today sets forth the terms and conditions of the joint development and co-operation. Further details of the agreement are not disclosed.

Petrochemical circular economy Sanctions

-OUTLOOK ’20: Asian PTA supply to lengthen, margins to come under pressure

Asian purified terephthalic acid (PTA) markets are likely to face a supply burden, with China accelerating its expansion plans, amid a weak demand outlook.

China will see new capacities adding up to a total of 9.6m tonne/year of PTA production by the end of 2020.Petrochemical Circular Economy Sanctions

The degree of capacity expansion within the region has slowed considerably in the last two years as shown by the chart below.

Healthy margins in the PTA and polyester industry in the previous two years had spurred investments in new capacities.

Petrochemical circular economy Sanctions

-We can use plastics to change the world for the better

Plastic is often referred to as a material that needs to be eradicated.

There is no doubt that the way we use plastics and our understanding of it as a resource have to change drastically.Petrochemical Circular Economy Sanctions

Yes, there is too much virgin material being produced and too many natural resources are used in the process; combine that with the way the average consumer uses and disposes of plastic, and our current attitudes come as no surprise.

Petrochemical circular economy Sanctions

-European producers intend to at least roll over December PVC prices for January

Negotiations over January shipments of suspension polyvinyl chloride (SPVC) began in the Russian market on Wednesday. Most producers announced a roll-over of December prices for  next month, according to ICIS-MRC Price report.

Traditionally, many converters announced a decrease in PVC purchasing in January partially because of long holidays in the first half of the month.

The current appreciation of the rouble against the dollar also made imported material more affordable for Russian consumers. However, Russian producers do not intend to reduce next month”s PVC prices, and a producer does not rule out a price increase of Rb1,000/tonne.Petrochemical Circular Economy Sanctions

European producers intend to at least roll over December PVC prices for January

-Clothing could be to blame for the number of microplastics in our air

The places we don’t find microplastics keep declining. They’re already known to be widespread in the world’s water, to the point that they’re ubiquitous in the guts of sea turtles and have been discovered all the way in Antarctica.

Scientists have also begun to uncover how prevalent they are in the air. Just like microplastic pollution in water, our clothes appear to be a primary culprit.

Clothing could be to blame for the number of microplastics in our air

-Turkey launches new logistics master plan

Turkey will establish logistic centres stretching along 294 km of junction line, including organised industrial zones, ports and free trade zones, to increase its competitiveness in foreign trade and ensure better integration of all transport networks into commercial operations.Petrochemical Circular Economy Sanctions

The country launched its Logistics Master Plan in Ankara recently.

Industry and technology minister Mustafa Varank said his ministry and the budget and strategy directorate of the transport and infrastructure ministry carried out a joint survey to examine the possibilities of transport modes and their integration into the railways.

Turkey launches new logistics master plan

-Pottery Barn & Aquafil create new rug with Econyl yarn

Pottery Barn Teen has partnered with Aquafil to create a rug for Spring 2020, called the Watercolor Dots Rug. Pottery Barn Teen substituted virgin nylon with Econyl yarn for its sustainable and regenerative qualities. Econyl regenerated nylon is a product of Aquafil, a leader in the synthetic fibres industry and a pioneer in innovation, and sustainability.

Econyl is made from waste that would otherwise pollute the world’s landfills and oceans — including fishnets, fabric scraps, carpet flooring and industrial plastic. Econyl reduces the global warming impact of nylon by up to 80 per cent compared with material generated from oil. The sustainable yarn maintains the same purity and strength characteristics of nylon coming from fossil material, according to Aquafil.

Pottery Barn & Aquafil create new rug with Econyl yarn

-Fulgar acquires intimate wear brand Pompea

Fulgar, a leader in the production of innovative man-made yarns has acquired Pompea, a well-established hosiery, tights and intimate wear brand.

“It’s an all-Italian operation, as Fulgar, based in Castel Goffredo, in the heart of the country’s hosiery district and boasting a turnover of over EUR 200 million, is the top producer of superior quality Nylon 6.6 and European distributor for the Lycra brand,” Fulgar said in a statement.Petrochemical Circular Economy Sanctions

“One of the first companies in the textiles sector to address the issue of sustainability, for over ten years now Fulgar has been implementing a comprehensive Green programme, producing a constantly-growing portfolio of eco-friendly products.”

Fulgar acquires intimate wear brand Pompea

-Libya: Pro-gov’t forces target Haftar’s LNA near Tripoli airport

Libyan state oil firm considering closure of Zawiya port and evacuating staff from refinery due to clashes nearby.

Forces affiliated with the UN-recognised Libyan Government of National Accord (GNA) have launched a new attack on the Libyan National Army (LNA) south of Tripoli.

The Libya Observer reported that the forces carried out the offensive on renegade military commander Khalifa Haftar’s forces in the vicinity of Tripoli airport on Saturday.

Libya: Pro-gov't forces target Haftar's LNA near Tripoli airport Libyan state oil firm considering closure of Zawiya port and evacuating staf

Petrochemical circular economy Sanctions

Petrochemical Crude Oil Sanctions 28-12-2019

European Producers Polyvinyl Chloride

European Producers Polyvinyl Chloride

European producers intend to at least roll over December PVC prices for January

European Producers Polyvinyl Chloride

Negotiations over January shipments of suspension polyvinyl chloride (SPVC) began in the Russian market on Wednesday. Most producers announced a roll-over of December prices for  next month, according to ICIS-MRC Price report.

Traditionally, many converters announced a decrease in PVC purchasing in January partially because of long holidays in the first half of the month. The current appreciation of the rouble against the dollar also made imported material more affordable for Russian consumers. European Producers Polyvinyl Chloride

However, Russian producers do not intend to reduce next month”s PVC prices, and a producer does not rule out a price increase of Rb1,000/tonne.

The Russian rouble strengthened perceptibly against the dollar and the euro in the second half of December. And this factor made imported PVC attractive for purchases. Some converters considered the possibility of meeting some of their needs in January due to imports. But these cases were rare, and there has been no talking about bulk purchasing so far. European Producers Polyvinyl Chloride

December was a rather successful month for Russian producers regarding PVC sales in the domestic market. European Producers Polyvinyl Chloride

All deals for December deliveries were done in the first half of the month, and some converters reported slight restrictions on shipments of resin. Thus, most producers are entering the year of 2020 with optimal warehouse inventories, and producers do not experience any pressure amid weaker January demand for PVC from the domestic market. European Producers Polyvinyl Chloride

Mass shutdowns for scheduled maintenance works at most converters” production capacities began this week. Some consumers will have them until the second decade of January, a small part of converters still intends to remain idle until the third decade of January. Outages for turnarounds at converters” production capacities will affect the volume of PVC purchasing.

Overall, deals for January shipments of Russian resin with K=64/67 PVC were negotiated in the range of Rb71,000-74,000/tonne CPT Moscow, including VAT, for quantities of less than 500 tonnes. Resin with K=70 was offered by Rb1,000-2,000/tonnes more expensive. European Producers Polyvinyl Chloride

mrcplast.com

Author: Margaret Volkova

Spandex market multiend spinning

Spandex market multiend spinning

Spandex market lacks momentum to rise

Source : CCFGroup

In the first half of 2019, spandex price continuously moved down, and the decline of spandex slightly slowed down in the second half of this year. 40D price gradually decreased to near the historical low of the third quarter of 2016. In early December, under the losses pressure, partial spandex prices were adjusted up by 1,000yuan/mt. However, affected by various factors such as inventory reduction and payment collection at the end of the year, spandex market was in the sentiment of stable sales on the whole, while several resources were priced higher by 300-500yuan/mt.

Spandex market multiend spinning

Obvious cost support

From the spandex 40D price index, the current price slightly increased by 700yuan/mt to 28,700yuan/mt compared with the historical low.Spandex market multiend spinning

However, resources that have been stocked for a long term, new products and dumping goods were priced evidently low at around 27,000yuan/mt, and cost of main raw materials for spandex production ascended by above 3,000tyuan/mt from the cost in the third quarter of 2016.

Thus, the increase in spandex 40D price was significantly smaller than that in main raw materials. Old units in the East for 40D production were under the greater cost pressure, while the cash flow loss of 32-end units for 40D production reached a historical high. Spandex market multiend spinning

Nevertheless, domestic 60-end and above units for 40D production were still meagerly profitable. With the development of multi-end spinning units and the capacity growth of newly added multi-end spinning units, the average production cost of industry declined.

Spandex raw materials
40DMMDIPTMEGMain raw material cost
July-1628,00016,30012,60012,762
December-1928,70019,00015,85015,783
Change (yuan/mt)7002,7003,2503,021
Change (%)2.5%16.6%25.8%23.7%

Rigid demand with partial agents preparing inventory

The Sino-US trade relationship slightly eased recently, coupled with the significant decrease in price of raw materials for textile garments in 2019, the sales of downstream weaving plants for preparing stock modestly accelerated. At the end of the year, orders of domestic trade and foreign trade meagerly ascended. Spandex market multiend spinning

In the first half of December, operating rate of downstream weaving plants had no big change, while several units such as air covered yarn units ran at a slightly higher rate. Run rate of downstream weavers is estimated to keep steady in late this month. With the Spring Festival approaching, more and more downstream plants may start to take a holiday after the beginning of January, so the possibility of weakening rigid demand may exist. The condition of preparing inventory of downstream agents and weaving plants should be paid attention in 2020.Spandex market multiend spinning

At the end of the year, spandex downstream weaving plants largely purchased spandex for rigid demand, while agents merely prepared a small amount of inventory of low-price and promoted resources, so the overall preparing inventory sentiment remained cautious. Sellers were active in pressing for payment at the end of this year. However, the difficulty of payment collection was larger compared with the same period of last year, and the progress was relatively slow. Spandex market multiend spinning

The payment collection of several downstream resources may be postponed to before the Spring Festival. At present, downstream weaving plants ran at 30-70%, and the operation rate of air covered yarn was at around 70%. The business of air covered yarn modestly rebounded this week, and the inventory reduction obviously accelerated, with the rising rigid demand for spandex. Spandex market multiend spinning

Run rate of cotton core-spun covered yarn and conventional covered yarn maintained unchanged provisionally. Operating rate of warp knitting kept at around 60-70%, and circular knitting run rate in Jiangsu, Zhejiang and Guangdong is at around 30-50%. Orders for double-faced circular knitting and foreign trade (rib fabric, Koti grain and air layer) slightly ascended, and sales of domestic trade orders for double-faced orders were considerable. Production of single-faced circular knitting continued. Operating rate of lace in Fujian was at 30-40%. Spandex market multiend spinning

Spandex market multiend spinning

Market Outlook   Spandex market multiend spinning

Spandex cost support strengthens. Driven by firm BDO, PTMEG price stabilize, and spandex old units in the middle and the East are under the significant cost pressure. Around the Spring Festival, several units may shut down or cut output.

For demand, the intention of spandex downstream to continuously build inventory is likely to be low, and operating rate of weavers is estimated to decrease further at the end of this month and the beginning of January. Under the losses pressure, spandex price is anticipated to be in stable adjustment. Spandex market multiend spinning

Mainstream resources are sold for payment collection, while several resources that have been stocked for a long term or new products may still be priced low.

Spandex market multiend spinning

Polyester downstream market largely pessimistic, requiring time to improve

Petrochemical Crude Oil Sanctions 28-12-2019

Petrochemical Crude Oil Sanctions

-OUTLOOK ’20: Asia MEG faces a difficult year as mega projects come on line

Asia’s monoethylene glycol (MEG) market will face a difficult year in 2020 due to peak start-ups of several new mega units while China’s import volumes would fall because of rising local supply.

Rising new capacities with no corresponding strong increase in demand will lead to falling operating rates at plants.

A total of 3.3m tonnes/year of confirmed new MEG capacities in Asia are expected to start up from end-2019 to 2020, which will weigh on a market already plagued by poor margins.

Petrochemical Crude Oil Sanctions

-Lenzing Group Enters Joint Venture for Brazilian Pulp Plant

The dissolving wood pulp facility will produce fiber used for textile production

The Lenzing Group and Duratex are undertaking a joint venture to build a dissolving wood pulp plant in Brazil that will strengthen Lenzing’s production of biobased fibers.

The plant, which will be based in Minas Gerais, near Sao Paulo, Brazil, is expected to start up in the first half of 2022. Petrochemical Crude Oil Sanctions

Lenzing holds the majority ownership at 51 percent, while Duratex, the largest producer of industrial wood panels in the southern hemisphere, has a 49 percent stake.

Petrochemical Crude Oil Sanctions

-Sinopec & LyondellBasell to Form 2nd Chemicals’ JV in China

China Petroleum & Chemical Corporation or Sinopec SNP recently signed a memorandum of understanding with LyondellBasell Industries N.V. LYB to create a new 50-50 joint venture (JV) for developing a new propylene oxide and styrene monomer unit. This is a second such joint venture between the two companies.

The new unit will likely have an annual production capacity of 300 kilo tons of propylene oxide and 600 kilo tons of styrene monomer.

The JV is expected to start the new facility’s construction early next year, which will bring the unit online by 2022. Petrochemical Crude Oil Sanctions

Petrochemical Crude Oil Sanctions

-A Bioplastic Made From Fish Waste

Although fish leather is part of an ancient tradition, especially in East Asia, it has only recently been rediscovered. The advantage of this material is that its mechanical properties are almost identical to those of conventional leather, but the production process can make use of waste from the food industry.

Lucy Hughes, a student at the University of Sussex has recognized fish waste as a sustainable material source, and has invented a process for turning it into an alternative source of plastic, hoping to solve the problem of both single-use plastics and waste streams.Petrochemical Crude Oil Sanctions

Petrochemical Crude Oil Sanctions

-Spandex market lacks momentum to rise

In the first half of 2019, spandex price continuously moved down, and the decline of spandex slightly slowed down in the second half of this year. 40D price gradually decreased to near the historical low of the third quarter of 2016.

In early December, under the losses pressure, partial spandex prices were adjusted up by 1,000yuan/mt.Petrochemical Crude Oil Sanctions

However, affected by various factors such as inventory reduction and payment collection at the end of the year, spandex market was in the sentiment of stable sales on the whole, while several resources were priced higher by 300-500yuan/mt.

Petrochemical Crude Oil Sanctions

-Advantages of liquid hydrogen as a fuel cell fuel

1. In the production of liquid hydrogen, residual CO, CO2 and H2O (moisture) are removed as solid impurities after the PSA.

In the commonly used compressed hydrogen method, however, the residual CO in the hydrogen causes the catalyst on the electrode to be poisoned, which shortens the life of the fuel cell stack.Petrochemical Crude Oil Sanctions

After liquid hydration, the hydrogen entering the stack is cleaner.

Petrochemical Crude Oil Sanctions

-OUTLOOK ’20: Europe fatty acids, fatty alcohols demand diverges on end-market performance

The European fatty acids and fatty alcohols markets face diverging outlooks for 2020.

While fatty acids demand from the automotive industry is expected to remain limited, buying interest for fatty alcohols is set to be stable amid healthy production of surfactants anticipated for 2020.

FATTY ACIDS

Demand from the automotive industry for European fatty acids has slipped throughout 2019, with players expecting buying interest to remain low in 2020.

Fatty acids are a component in polyurethane production, which is then used in car manufacturing.Petrochemical Crude Oil Sanctions

-OUTLOOK ’20: Europe fatty acids, fatty alcohols demand diverges on end-market performance

-January paraxylene ACP fails to settle

Negotiations for the January paraxylene (PX) Asia Contract Price (ACP) have fallen apart because of a wide bid-offer gap.

Japan’s JXTG Nippon Oil & Energy placed its offer at $930/t cfr, while all other sellers offered at $920/t cfr. All the sellers declined to change their offers from initial levels.

January paraxylene ACP fails to settle

-Lenzing number one for sustainable wood procurement

In the Hot Button Report issued by the Canadian non-profit organization Canopy, the Lenzing Group has once again been rated number one in the world, confirming its role as the sustainability trailblazer in the textile industry.

In this widely recognized ranking, Canopy grades the world’s 32 largest producers of wood-based fibers with respect to their success in achieving sustainable wood and pulp sourcing. Petrochemical Crude Oil Sanctions

Wood and the pulp derived from it are the most important raw materials underlying Lenzing’s sustainable production of cellulosic fibres.

Lenzing number one for sustainable wood procurement

Petrochemical Crude Oil Sanctions

Petrochemical Oil Sanctions Polyester 27-12-2019

Petrochemical Oil Sanctions Polyester 27-12-2019

Petrochemical Oil Sanctions Polyester

Crude Oil Prices Trend

Crude Oil Prices Trend

-OUTLOOK ’20: The Asian benzene conundrum set to persist on weak downstream

The Asian benzene market will probably continue to find little support from its key downstream sectors in 2020 including styrene monomer (SM), which constitutes 50% of its consumption.

Benzene market in Asia has been on an uptrend until September after hitting a low of $514/tonne FOB (free on board) Korea in early January.

The opening up of the arbitrage window to the US from April helped reduce supply in Asia, as tight supply conditions in the US fueled demand for Asian lots.

This was also opportune as demand for benzene in China began to soften as the effects of the US-China trade war started to bite.

Petrochemical Oil Sanctions Polyester

-IMO 2020 rules may impact GCC oil exports

Dubai – Oil markets will go through a major transformation as new regulations covering the sulphur content of marine fuels take effect from January 1, 2020 and may have an impact on the regional countries due to high level of sulphur content in their crude.

The International Maritime Organisation (IMO) has ruled that from January 1, 2020, marine sector emissions in international waters will be slashed. The marine sector will have to reduce sulphur emissions by over 80 per cent by switching to lower sulphur fuels. The rules define that the global 0.5 per cent sulphur cap will enter into force in 2020, and more than 70,000 ships will be affected by the regulation.

Petrochemical Oil Sanctions Polyester

-VEOCEL™ Takes Initiative With ‘Hands On’ Motto To Draw Attention To Hidden Plastics In Wet Wipes

Intriguing information is shared regarding the plastics hidden inside wet wipes that are widely used in our everyday lives during the press conference held by Lenzing Group to raise environmental awareness.

Accordingly, less than 10% of the consumers are aware of the fact that most of the wet wipes have considerable amount of plastic material inside them. Lenzing introduced VEOCEL™ fibers in order to guide consumers who would like to make sustainable and environment-friendly buying decisions as well as the ‘Hands On’ initiative aiming to promote the consumers to purchase biodegradable products.

Manufacturing environment-friendly special fibers from renewable wood raw material, Lenzing Group held a press conference intending to increase environmental awareness to promote the usage of more sustainable raw materials.

Petrochemical Oil Sanctions Polyester

-Cypet’s new blow molding technology makes world record PET drums

A company from Cyprus, Cypet Technologies Ltd., has developed a new technology for one-step injection stretch blow molding — and at K 2019, it produced a giant 120-liter PET drum at the show.

Single-stage blow molding machines injection mold PET preforms and blow mold them on a single machine. A conventional single stage uses a vertical clamp to injection mold preforms, then a horizontal clamp for blowing bottles.

Petrochemical Oil Sanctions Polyester

-PolyOne buys Clariant colour, additive masterbatch part

PolyOne Corporation, a leading global provider of specialised polymer materials, services and solutions, is buying the global colour and additive masterbatch business of Clariant. The two have signed a deal in this connection. PolyOne is also buying the colour and additive masterbatch business of Clariant Chemicals India and has signed a related agreement.

The combined net purchase price is $1.45 billion.

“This will be a truly transformational acquisition for both PolyOne and Clariant customers and employees around the world. Together, we will benefit from the combined ingenuity, passion and expertise of two global leaders in colour design, additive technologies and sustainable solutions,” said Robert M Patterson, chairman, president and chief executive officer, PolyOne Corporation. Petrochemical Oil Sanctions Polyester

Petrochemical Oil Sanctions Polyester

-Collections up but recycling rate stagnant in US

More than 1.8 billion pounds (816,466 tonnes) of PET bottles were collected for recycling in the US last year, up 5 per cent on 2017, according to the National Association for PET Container Resources (NAPCOR).

However, despite the rise in collections, the country’s recycling rate remained flat at just below 29 per cent. In fact, according to NAPCOR, the recycling rate has hovered around the 29-30 per cent mark for the last decade.

NAPCOR’s report found an on-going shift away from exports and toward domestic outlets, with US recyclers purchasing 16 per cent more PET bottles than the previous year. Also up was the amount of recycled PET going into bottles.

Collections up but recycling rate stagnant in US

-UK company urges manufacturers to exceed legislation

Medical device manufacturers need to ensure their packaging solutions exceed mandatory EU legislation to safeguard quality standards and maintain a contaminant-free environment, says Ulma Packaging UK.

Currently, medical device packaging processes must be compliant with ISO 11607, which is frequently updated to ensure maximum possible patient protection. Product safety has been further tightened through the introduction of the EU’s new Falsified Medicines Directive (FMD) in February 2019, which enhances traceability and sterility through mandatory, unique product identifier barcodes and tamper evident features.

UK company urges manufacturers to exceed legislation

-Is This The Beginning Of A Shale Crisis?

Banks are cutting their lending to struggling U.S. shale drillers, another blow to an industry that has long been dealing with a questionable business model.

Banks are restricting lending and revising their estimates on the value of some shale reserves, according to the Wall Street Journal. Even the largest banks, such as JPMorgan Chase and Capitol One Financial Corp., are expected to cut their exposure to the shale industry. Sources told the WSJ that the banks are growing more concerned that if drillers go bankrupt, their assets – the value of which could be declining – may not cover the outstanding loans.

Is This The Beginning Of A Shale Crisis?

-FUTO develops indigenous technology for recycling waste

The Vice-Chancellor of the Federal University of Technology, Owerri, Prof Francis, has said the university developed an indigenous technology for recycling waste into marketable and useful products.

Eze, who disclosed this at the 32nd convocation of the university, noted that as a result of the development waste materials no longer constituted a nuisance on the institution’s main campus.

FUTO develops indigenous technology for recycling waste

Petrochemical Oil Sanctions Polyester

Petrochemical Oil Sanctions Fabric 26-12-2019

Petrochemical Oil Sanctions Fabric 26-12-2019

Petrochemical Oil Sanctions Fabric

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Sacmi sets sight on sustainable, high-tech future

Versatile, reusable and suitable for all kinds of industrial packaging, PET is pivotal to the plastics industry. And Italian machinery maker Sacmi Imola S.C. says it has its sights set on giving the material a second life.

The company developed an injection preform system (IPS) that can make 100 percent recycled PET preforms and use recycled PET flakes in quantities up to 50 percent using standard machines and hot runners.

Petrochemical Oil Sanctions Fabric

-France charts course for zero-waste society

There is a French revolution nouveau taking place—a revolt against single-use plastics (SUPs). In case you haven’t heard, the French government wants to eliminate all disposable plastic packaging by 2040. Petrochemical Oil Sanctions Fabric

You may have read about France’s decision to end the use of straws, glasses, cutlery, plates, drink stirrers, take-out cups and lids as well as food boxes made of EPS that will take effect in January. France wants to take that a step further, by going from a “disposable” society to a “reusable” one in the country’s drive for Zero Waste 2040 by banning all plastic packaging. percent recycled PET preforms and use recycled PET flakes in quantities up to 50 percent using standard machines and hot runners.

Petrochemical Oil Sanctions Fabric

-Carvico to show fabrics for interior design at Heimtextil

Carvico is set to present its lifestyle collection of fabrics for interior design at Heimtextil 2020 expo, in booth G34, hall 4.2. Carvico is a global leader in the production of warp knitted fabrics. Heimtextil is an international trade fair for home and contract textiles, which will be held from January 7-10, 2020, at Frankfurt am Main, in Germany.

Elasticity, resistance, breathability, versatility, and countless options for customisation: these are the main features which make Carvico fabrics ideal for the interior design market. Petrochemical Oil Sanctions Fabric

Convertible, smart, multifunctional, and innovative, Carvico performance fabrics for furniture and design have been inspired by new trends and translate high tech performance into new shapes and styles to blend elegance and functionality with Made in Italy quality and excellence.

Petrochemical Oil Sanctions Fabric

-Stora Enso pilots PEF feedstock plant

Stora Enso is investing €9 million ($10m) to build a pilot facility for enabling the production of bio-based plastics as the barrier in transparent packaging.

The pilot plant will convert plant-based sugars into the renewable building block required to make polyethylene furanoate (PEF), a bio-based plastic, mainly targeting the food and beverage industry. Petrochemical Oil Sanctions Fabric

It will be located at Stora Enso’s Langerbrugge Mill in Belgium.

The investment in bio-based chemistry further strengthens Stora Enso’s opportunities to replace fossil-based materials with renewable and recyclable materials. The pilot plant will focus on developing a cost-competitive process for manufacturing FDCA (furandicarboxylic acid) from sugars. FDCA is a key component of PEF.

Petrochemical Oil Sanctions Fabric

-Britvic backs recycling consortium in war on waste

Britvic supplies a large range of branded drinks

Britvic is tackling waste with a series of measures aimed at boosting recycling.

The soft drinks supplier has joined forces with other global businesses to promote a ground-breaking recycling technology to support a circular economy for plastics.

The new technology is called BP Infinia and means opaque and difficult to recycle polyethylene terephthalate (PET) plastic waste can be made into new plastic again and again, with no loss in quality. Petrochemical Oil Sanctions Fabric

The new cross-industry consortium has committed to work together to make BP Infinia mainstream.

Petrochemical Oil Sanctions Fabric

-BPF highlights valuable plastics contributions

The British Plastics Federation (BPF) has developed an online resource that relates plastics to the United Nations’ Sustainable Development Goals (SDGs), and highlights areas where the industry has made a valuable contribution.

In 2015, all member states of the UN agreed an agenda to achieve better sustainability by 2030. Petrochemical Oil Sanctions Fabric

This comprised 17 SDGs, which are considered a call to action for both developed and developing nations, providing a framework to reduce inequality and spur economic growth while tackling climate change and other major environmental issues.

Petrochemical Oil Sanctions Fabric

-Turkmenistan to present textile products at exhibition in Germany

Turkmenistan prepares to participate in the Heimtextil international textile exhibition, which will be held in Frankfurt am Main city of Germany from January 7 to January 10, 2020, Trend reports referring to the Turkmen government.Petrochemical Oil Sanctions Fabric

The textile manufacturers from more than 130 countries will attend the event.

Turkmenistan will present its achievements in the textile industry and carpet-making.

Turkmenistan to present textile products at exhibition in Germany

-OUTLOOK ’20: Europe PET to be tested by sustainability amid economic turmoil and oversupply

Choosing what is most likely to test the virgin polyethylene terephthalate (PET) industry in Europe may lead to a resounding “War on Plastic!”, but the challenges are many and overcoming them will not be easy.Petrochemical Oil Sanctions Fabric

DEMAND

If we start with sustainability and the global quest to achieve a circular economy, the writing is already on the wall. At least if PET’s poor image when bundled together with other plastics is anything to go by.

The misinformation surrounding the recyclability of PET, and in many countries – poor collection rates – are tough areas to combat.

-OUTLOOK ’20: Tough year for Europe ethylene, propylene ahead

“All the balls are in the air, we just don’t know where they will fall,” is a very apt description of the uncertainty and insecurities facing ethylene and propylene producers and consumers both home and abroad in 2020.Petrochemical Oil Sanctions Fabric

Increased ethylene and polymer capacities and softer than expected derivative markets amid an uncertain macroeconomic, geopolitical future, will weigh on global ethylene and propylene markets, and players are in no doubt that the pressures will be high – in Europe – in particular.

OUTLOOK ’20: Tough year for Europe ethylene, propylene ahead

Petrochemical Oil Sanctions Fabric

Petrochemical Oil Sanctions Textile 24-12-2019

Petrochemical Oil Sanctions Textile 24-12-2019

Petrochemical Oil Sanctions Textile

Crude Oil Prices Trend

Crude Oil Prices Trend

-BP forms consortium to tackle plastic waste

Leading companies operating across the polyester packaging value chain have formed a new consortium to help address the issue of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology

The companies involved in the partnership include those involved in the manufacture, use, collection and recycling of polyethylene terephthalate (PET) plastic packaging.

BP Infinia is designed to convert opaque and difficult-to-recycle (known as ODR) PET plastic waste, which can degrade in quality every time it is recycled using conventional methods, into recycled feedstocks that can be used again and again to produce new high-quality PET plastic packaging without loss of quality, according to the UK supermajor BP.

Petrochemical Oil Sanctions Textile

-Polyester yarnmakers set for higher profit margin on crude price recovery

After falling to $57.77 a barrel on October 2, crude oil prices bounced back to trade almost at three-month high of $67.50 a barrel on Friday

Recovery in crude oil prices is set to benefit synthetic yarn manufacturers because of their ability to pass on the increase to consumers, that is, fabric manufacturers.

After falling to $57.77 a barrel on October 2, crude oil prices bounced back to trade almost at three-month high of $67.50 a barrel on Friday.Petrochemical Oil Sanctions Textile

Since synthetic yarn is a derivative of crude oil, manufacturers have been able to raise their product prices. Synthetic yarn has become costlier by 5-7 per cent in the last two months along with a jump in cotton yarn prices.

Polyester yarnmakers set for higher profit margin on crude price recovery

-Iran’s Rouhani welcomes Japan opt-out of U.S.-led naval mission in Gulf

Iranian President Hassan Rouhani on Saturday welcomed Japan’s decision not to join a U.S.-led naval mission in the Gulf and said he had discussions on ways of “breaking” U.S. sanctions on a trip to Tokyo. Petrochemical Oil Sanctions Textile

Friction between Tehran and Washington has increased since last year when U.S. President Donald Trump pulled the United States out of Iran’s 2015 nuclear deal with six nations and re-imposed sanctions on the country, crippling its economy.

Petrochemical Oil Sanctions Textile

-Clariant Chemicals may see 20% rise in one year

The Indian chemical industry accounts for about 2.11% of the country’s GDP with an estimated market size of $160 billion.

And the specialty chemicals segment accounts for around 20% of the total size. Specialty chemicals are used in different end use industries like paint coating, construction chemicals, colorants, Active Pharmaceutical Ingredients, personal care chemicals, flavours and fragrances.Petrochemical Oil Sanctions Textile

Indian specialty chemical companies are quite strong in the export market with colorants, dyes and pigments being the key export-oriented products.

Petrochemical Oil Sanctions Textile

-Why there’s no room for $100 oil in 2020

Oversupply, slower global economy to weigh on crude prices

The price of oil would trade between $60 to $75 per barrel in 2020, which will lift oil revenues for GCC countries by around $40 billion (Dh147 billion), say economists.

However, they believe that the market talk of oil trading at $100 next year is far-fetched, mainly due to oversupply and a slower global economy.

“We expect the price of oil will reach $75 a barrel by the end of next year from the previous $70, which would result in the Gulf’s oil export revenues being around $40 billion – or 2.4 per cent of GDP – higher in 2020 compared with this year,” said James Swanston, economist for the Mena region at Capital Economics.Petrochemical Oil Sanctions Textile

Petrochemical Oil Sanctions Textile

-Europe may miss plastics recycling target

The European recycling industry is going to miss a 2025 target for recycling PET bottles, says a new study by ICIS, a global petrochemical market information provider, unless there is a reversal of the slowing growth rate in recovery.

In March, the European Parliament adopted a Single-Use Plastics (SUP) Directive proposed by the European Commission to increase the recycling of polyethylene terephthalate (PET) – the main component in plastic bottles and containers for packaging foods and beverages and personal care products.Petrochemical Oil Sanctions Textile

Europe may miss plastics recycling target

-Considering the cycle of life from a plastics perspective

This is the seventh installment in Eric Larson’s series, “True confessions: A plastics engineer gets personal with recycling.” You can read all of the previous columns, starting with part one, here. Part eight will be published at the beginning of the new year.

In product design, there is a concept known as end of life, which may range from weeks to decades.Petrochemical Oil Sanctions Textile

Once a product has reached its end of life, using it becomes problematic: Warranties are over, customer service is no longer available, replacement parts become hard to find. The product itself may still be useful, but at some point the product is basically dead.

Considering the cycle of life from a plastics perspective

-Maguire ramps up dryer savings

US-based Maguire Products has renamed its vacuum resin dryer ‘Ultra’ to spotlight its lower energy consumption, which it claims can save the user thousands of dollars in energy costs per year.

Ultra uses energy to dry resin at a lower rate than a comparable desiccant dryer, claims Maguire, while savings are even greater when compared with low-efficiency old dryers still in operation in the global market.Petrochemical Oil Sanctions Textile

Vice president of marketing and sales Frank Kavanagh said: “While the energy needed to heat polymer to its required temperature is roughly the same for both vacuum and desiccant dryers, we now know that the Ultra Low Energy Dryer uses much less energy in the next stage, when the heated resin is actually dried.”

-Maguire ramps up dryer savings

-Production growth outpaces bottle recycling increase

More plastic bottles were recycled in 2018 than the prior year. But because of an overall bottle production increase, the recycling rate fell.

The latest National Postconsumer Plastic Bottle Recycling Report was released this week by the American Chemistry Council (ACC) and Association of Plastic Recyclers (APR). APR owns Resource Recycling, Inc. Petrochemical Oil Sanctions Textile

The report found that U.S. consumers recycled nearly 2.9 billion pounds of plastic bottles last year, a figure that includes resins 1-7. That was an increase from 2.8 billion pounds recycled in 2017.

Petrochemical Oil Sanctions Textile

-Full resin supplies will be chasing demand in 2020

More polyethylene and polypropylene resin capacity is heading into the North American market in 2020, and that new capacity will have an impact on processors in the region.

Another 1.8 billion pounds of PE capacity is set to come on line next year from Formosa Plastics Corp. USA. Petrochemical Oil Sanctions Textile

That’s on top of almost 4.5 billion pounds added from three suppliers this year and a total of more than 8 billion pounds added from four suppliers in 2017-18.

Full resin supplies will be chasing demand in 2020

Petrochemical Oil Sanctions Textile

Petrochemical Oil Sanctions Graphene 23-12-2019

Petrochemical Polymers Fibres PET Prices

Petrochemical Polymers Fibres PET

Petrochemical Polymers Fibres PET

Polyestertime
ITEM16/12/201923/12/2019+/-
Bottle grade PET chips domestic market6,600 yuan/ton6,550 yuan/ton-50
Bottle grade PET chips export market840 $/ton840 $/ton
Filament grade Semidull chips domestic market

Petrochemical Polymers Fibres PET

6,225 yuan/ton6,350 yuan/ton+125
Filament grade Bright chips domestic market6,275 yuan/ton6,425 yuan/ton+150
Pure Terephthalic Acid PTA domestic market4,855 yuan/ton4,790 yuan/ton-65
Pure Terephthalic Acid PTA export market
610 $/ton 610 $/ton
Monoethyleneglycol MEG domestic market5,295 yuan/ton5,180 yuan/ton-115
Monoethyleneglycol MEG export market602 $/ton585 $/ton-17
Paraxylene PX FOB  Taiwan market814 $/ton823 $/ton+9
Paraxylene PX FOB  Korea market799 $/ton808 $/ton+9
Paraxylene PX FOB EU market

Petrochemical Polymers Fibres PET

734 $/ton745 $/ton+11
Polyester filament POY 150D/48F domestic market7,020 yuan/ton7,055 yuan/ton
+35
Recycled Polyester filament POY  domestic market6,900 yuan/ton7,050 yuan/ton+150
Polyester filament DTY 150D/48 F domestic market8,700 yuan/ton8,850 yuan/ton+150
Polyester filament FDY 68D24F domestic market 7,950 yuan/ton8,100 yuan/ton+150
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Fibres PET
7,450 yuan/ton7,600 yuan/ton+150
Polyester staple fiber 1.4D 38mm domestic market7,000 yuan/ton7,050 yuan/ton+50
Caprolactam CPL domestic market10,800 yuan/ton10,950 yuan/ton
+150
Caprolactam CPL overseas  market1,230 $/ton1,240 $/ton+10
Nylon6 chips overseas  market1,510 $/ton1,510 $/ton
Nylon6 chips conventional spinning domestic  market11,950 yuan/ton12,100 yuan/ton+150
Nylon6 chips  high speed spinning domestic  market11,750 yuan/ton11,850 yuan/ton+100
Nylon 6.6 chips domestic  market22,500 yuan/ton22,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Fibres PET

13,900 yuan/ton13,950 yuan/ton+50
Nylon6 Filament DTY 70D/24F domestic  market16,600 yuan/ton16,600 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market14,650 yuan/ton14,900 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 market7,700 yuan/ton7,800 yuan/ton+100
Benzene domestic market5,880 yuan/ton5,925 yuan/ton+45
Benzene overseas  market708 $/ton726 $/ton –+18
Ethylene South East market680 $/ton680 $/ton
Ethylene NWE  market772 $/ton768 $/ton-4
Acrylonitrile ACN  domestic market11,300 yuan/ton11,100 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 market9,800 yuan/ton9,700 yuan/ton-100
PP Powder domestic market7,400 yuan/ton7,400 yuan/ton
Naphtha overseas market 

Petrochemical Polymers Fibres PET

576 $/ton569 $/ton
-7
Phenol domestic market 7,262 yuan/ton7,262 yuan/ton
PS Taiwan 5250 GPPS1,055 $/ton 1,056 $/ton+1
PS Taiwan 8250 HIPS1,178 $/ton 1,080 $/ton+2
LDPE CFR Far East 862 $/ton882 $/ton+20
LLDPE CFR Far East802 $/ton822 $/ton+20
LDPE   FOB Middle East853 $/ton874 $/ton+21
LLDPE FOB Middle East793 $/ton814 $/ton+21
HDPE CFR Far East803 $/ton834 $/ton+31
LDPE FD Northwest Europe 913 €/ton913 €/ton
LLDPE FD Northwest Europe 903 €/ton903 €/ton
Homopolymer PP CFR Far East915 $/ton905 $/ton-10
Homopolymer PP FD NWE961 €/ton961 €/ton

Petrochemical Polymers Fibres PET

Hengli installation ethylene PTA projects

Hengli installation ethylene PTA

Hengli to start installation of ethylene and PTA projects

Hengli installation ethylene PTA

Petrochemical’s 1.5 million tons/year ethylene project and 5 million tons/year PTA project installation mobilization conference was held in Hengli Petrochemical (Dalian Changxing Island) Industrial Park to ensure ethylene glycol, polyolefin and styrene units start operation in September 2019; ethylene unit and No.4 PTA unit put into operation on October 20th; No.5 PTA line into production in early March, 2020.

Hengli Group has built three PTA production lines with an annual capacity of 6.6 million tons in Changxing Island. Hengli Group invested another 8 billion yuan last year, to start construction of two 2.5 million tons/year PTA production lines.

After the project is completed, the PTA capacity of Hengli Petrochemical will reach 12 million tons/year, further consolidating Hengli’s global leading position in the PTA field.

With a total investment of 22 billion yuan and advanced technology of Technip and SD, Hengli uses the naphtha and dry gas from the refining project as raw materials to build the 1.5 million tons of ethylene, 1.8 million tons of ethylene glycol, 800,000 tons of polyolefin and 720,000 tons of styrene units.

Source : CCFEI

Petrochemical Oil Sanctions Automotive 21-12-2019

Petrochemical Oil Sanctions Graphene 23-12-2019

Petrochemical Oil Sanctions Graphene

Petrochemical Polymers Fibres PET Prices

Petrochemical Oil Sanctions Graphene

Crude Oil Prices Trend  Polyestertime

Crude Oil Prices Trend  Polyestertime

-Investors back oil’s jump above $60 with surge in bullish bets

Net-bullish wagers on West Texas Intermediate crude rose 19% in week ended December 17

Calgary: Hedge funds boosted bets on rising US crude prices to the highest level in more than seven months, helping support oil’s first full week above $60 a barrel since May.

Their net-bullish wagers on West Texas Intermediate crude climbed 19 per cent in the week ended December 17, data released on Friday show. Optimism over a US-China trade truce and Opec cuts helped push futures to a three-month high, though the rally has fizzled somewhat.

Investors back oil’s jump above $60 with surge in bullish bets

-2019: A challenging year for the polyester chain

The polyester chain has had a challenging year in 2019.

It had to come to terms with overcapacity of varying degrees throughout the chain. Additionally, prices spiralled due to weakening upstream costs, while margins – or lack of – became squeezed. Petrochemical Oil Sanctions Graphene 

The global economic landscape further tested the limits of market players already facing a difficult year. Nevertheless, what was remarkable was the resilience of the chain – particularly the polyester sector.

Petrochemical Oil Sanctions Graphene

-PolyOne to buy Clariant Masterbatches in $1.45B deal

PolyOne Corp. has struck a deal with Clariant AG to buy its masterbatches business for $1.45 billion.

The agreement, announced Dec. 19, follows months of speculation and failed discussions between Clariant and Sabic. Petrochemical Oil Sanctions Graphene 

Set for completion in the third quarter of 2020, the transaction values the Clariant business at $1.56 billion, representing roughly 11.1 times the annual earnings before interest, taxes, depreciation and amortization (EBITDA).

Petrochemical Oil Sanctions Graphene

-Novares expands into Russia with new manufacturing plant

French automotive supplier Novares has opened its first production site in Togliatti, Russia, a city that is also home to Lada manufacturer AvtoVAZ.

Spanning 1,860 square meters, the site is located in the industrial park of AvtoVAZ, which is part of the Renault-Nissan Alliance. Petrochemical Oil Sanctions Graphene 

The factory will begin producing engine parts in May 2020, and with an expansion planned for later that year, the parts manufacturer expects to start making and assembling roof bars in 2021.

Petrochemical Oil Sanctions Graphene

-MICROPLASTIC POLLUTION FAR WORSE THAN INITIAL ESTIMATES

Microplastic pollution far worse than initial estimates

There could be a million times more microplastic pieces floating around the oceans than previously thought, according to new research published in the science journal Limnology and Oceanography Letters.

The findings will raise further concerns about the impact of microplastic pollution not only on the environment but on human health. Petrochemical Oil Sanctions Graphene 

Microplastic pollution tends to be measured by trawling or pulling a submerged fine net behind a ship with mesh that’s small enough to filter plankton from seawater.

Petrochemical Oil Sanctions Graphene

-Hengli to start installation of ethylene and PTA projects

Petrochemical’s 1.5 million tons/year ethylene project and 5 million tons/year PTA project installation mobilization conference was held in Hengli Petrochemical (Dalian Changxing Island) Industrial Park to ensure ethylene glycol, polyolefin and styrene units start operation in September 2019; ethylene unit and No.4 PTA unit put into operation on October 20th; No.5 PTA line into production in early March, 2020.

Petrochemical Oil Sanctions Graphene

-Trade war takes toll, but Xinjiang exporters seek to diversify markets

Textile companies in Aksu, the nation‘s largest top cotton production base in Northwest China‘s Xinjiang Uyghur Autonomous Region, are seeing their exports to the US fall to almost nothing this year amid a bickering trade war between the world‘s two largest economies.Petrochemical Oil Sanctions Graphene 

While some have dubbed this year as the hardest for foreign trade, those textile companies have been actively moving into domestic markets, markets along the routes of the Initiative (BRI) and European countries to fill gaps left by US clients.

Trade war takes toll, but Xinjiang exporters seek to diversify markets

-Polyethylene December 2019 Price Review

In parallel with ethylene, Western European prices for all the polyethylene grades covered by PIE were down last month – by an average of €30 ($33) a tonne. A number of lower spot offers on the market had only a minor influence on the contract prices because many buyers want to take advantage of end-of-year bonuses. An increased number of spot offers – especially for higher-grade metallocene types from the US – put significant pressure on LLD film prices.Petrochemical Oil Sanctions Graphene 

Although business trended toward normalisation, sales of most PE materials were lingering at the bottom end of producers’ expectations. There was weak demand due to uncertainty after the spate of criticisms of plastics and many new legal regulations.

-Polyethylene December 2019 Price Review

-U.S. CHEMICAL PRODUCTION FELL IN NOVEMBER, ACC SAYS

According to the American Chemistry Council (ACC; Washington, D.C.; www.americanchemistry.com), the U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.8 percent in November after gains the previous three months. During November, chemical output declined across all regions, ACC says.

Chemical production was mixed over the three-month period. There were gains in the production three-month moving average (3MMA) output trend of fertilizers, chlor-alkali, coatings, synthetic dyes and pigments, and industrial gases. These gains were offset by declines in the output of synthetic rubber, miscellaneous inorganic chemicals, pesticides, organic chemicals, consumer products, adhesives, other specialty chemicals, and manufactured fibers.Petrochemical Oil Sanctions Graphene 

U.S. CHEMICAL PRODUCTION FELL IN NOVEMBER, ACC SAYS

-BP, Danone, Unilever, Alpla and more unite on rPET initiative

A group comprising leading companies operating across the polyester packaging value chain – including businesses involved in the manufacture, use, collection and recycling of polyethylene terephthalate (PET) plastic packaging – is aiming to help to address the problem of plastic waste by accelerating the commercialisation of BP Infinia enhanced recycling technology.

BP Infinia is designed to turn opaque and difficult-to-recycle PET plastic waste, that can degrade in quality each time it is recycled using conventional methods, into recycled feedstocks that can be used to make new high-quality PET plastic packaging again and again, with no loss in quality.Petrochemical Oil Sanctions Graphene 

BP, Danone, Unilever, Alpla and more unite on rPET initiative

Petrochemical Oil Sanctions Graphene

Petrochemical Oil Sanctions Automotive 21-12-2019

 

Petrochemical Oil Sanctions Automotive 21-12-2019

Petrochemical Oil Sanctions Automotive

-TESSENDERLO GROUP TO ACQUIRE REHAU TUBE PLANT IN FRANCE

Tessenderlo Group announced today that it agreed to acquire the production plant of REHAU Tube in La Chapelle-Saint-Ursin (Cher) from the German REHAU Group. In September 2019, REHAU Group announced that it would close its manufacturing plant near Bourges at the beginning of the second quarter of 2020. The plant specializes in the manufacturing of sewer, soil & waste, storm water management and telecom pipes and fittings.

Under the terms of the agreement, Tessenderlo Group will take over the real estate, production assets, stocks and it will retain 75 employees in sales and operations, all linked to the wastewater and cable ducting business. The acquisition, which is expected to be completed by May 1, 2020, is subject to the fulfilment of a number of customary conditions precedent, such as the finalizing of the required legal and financial documentation.

Petrochemical Oil Sanctions Automotive

-Nampak sells European plastics business as recyclate prices rise

Packaging converter Nampak Plastics Europe (NPE) has been sold to UK-based Bellcave Limited as part of South African parent company Nampak’s strategy to rationalise its portfolio and improve returns on capital. Petrochemical Oil Sanctions Automotive

The sale, which Nampak said was on the back of rising recycled material prices and sharply decreasing UK sales volumes, follows the decision earlier this year to offload Nampak Glass and also a Nigerian subsidiary specialising in paper packaging.

Petrochemical Oil Sanctions Automotive

-The LYCRA Company continues its innovation journey in 2020

With the new company name and the grand opening of its fourth innovation center in the Greater Bay Area to join the global R&D capabilities, The LYCRA Company, a leader in innovative fiber and technology solutions for the apparel industry, had a remarkable year in 2019. Leveraging its innovation DNA, the company is set to further tap the opportunities in Asia with its innovative product and solutions to address the global trends shaping the apparel industry in 2020.Petrochemical Oil Sanctions Automotive

Leverage eco-innovation to achieve sustainability

Petrochemical Oil Sanctions Automotive

-US plastic bottle recycling rate at 29 percent in 2018

The five-year compounded annual growth rate for plastic bottle recycling slid 0.4 percent. Petrochemical Oil Sanctions Automotive

While domestic collection of plastic bottles for recycling increased by 52 million pounds, or 1.8 percent, in 2018, the overall recycling rate declined slightly by 0.4 percent, according to figures released by the Association of Plastic Recyclers (APR) and the American Chemistry Council (ACC), both of which are based in Washington, in the “2018 National Postconsumer Plastic Bottle Recycling Report.”

In 2018, 2.9 billion pounds of plastic bottles were collected for recycling, according to the report. However, the overall recycling rate for plastic bottles was 28.9 percent compared with 29.3 percent in 2018 and 29.7 percent in 2016. The five-year compounded annual growth rate for plastic bottle recycling declined 0.4 percent.

Petrochemical Oil Sanctions Automotive

-Desigual launches 100 percent sustainable collection with Ecoalf

Spanish fashion brand Desigual has unveiled a 100 percent sustainable collection made in collaboration with Ecoalf that has been made from waste and recycled raw materials.

The capsule collection has been designed to “minimise consumption of natural resources” while also being what the brand calls a “story of true love that transforms waste into timeless designs”. Petrochemical Oil Sanctions Automotive

The wintery line adopts the concept “reuse, reinterpret, rethink, relove” and features timeless designs across outerwear, trainers, bags and accessories, which it adds have been made to “last a lifetime”.

Petrochemical Oil Sanctions Automotive

-New studies demonstrate “rapid biodegradability” of Walki films

A series of new studies has reportedly shown that Walki’s Bioska films completely biodegrade within 6 months.Petrochemical Oil Sanctions Automotive

The studies, carried out by the Finnish Environment Institute (SYKE), measured the biodegradability of bio-based and biodegradable plastics. Walki Plastiroll´s Bioska films were found to be one of the plastics that had the fastest biodegradability.

Within the year-long Ubinam project, SYKE studied a variety of different biodegradable films and materials both in field and laboratory tests. Within these studies, SYKE investigated Walki’s new transparent packaging films: Bioska 501 and Bioska+. Samples of the material were placed in the Baltic Sea on the southwest coast of Finland for 6 and 12 months respectively.

Petrochemical Oil Sanctions Automotive

-Argus in 2020 PX term deals

At least three major producers of paraxylene (PX) have settled term contracts for 2020 delivery on a formula that includes an Argus cfr Taiwan/China spot assessment component.Petrochemical Oil Sanctions Automotive

Japan’s JXTG Nippon Oil & Energy, as well as South Korea’s GS Caltex and SK Global Chemical (SKGC), have sealed contracts with various northeast Asia-based buyers against 50pc Asia Contract Price (ACP), 50pc spot cfr Taiwan/China assessments.

Argus in 2020 PX term deals

-China PP yarn prices plunge to new 2019 low amid poor demand

China’s domestic polypropylene (PP) spot prices have tumbled, with the PP flat yarn grade reaching a new low for this year amid poor demand which is expected to continue in the near term.Petrochemical Oil Sanctions Automotive

PP yarn accounts for more than a third of local supply.

Weekly prices of spot market were assessed at yuan (CNY) 7850-8200/tonne ex-warehouse (EXWH), down 9% from the end of third quarter, according to ICIS data.

China PP yarn prices plunge to new 2019 low amid poor demand

-Mealworms safely consume toxic additive-containing plastic

Tiny mealworms may hold part of the solution to our giant plastics problem. Not only are they able to consume various forms of plastic, as previous Stanford research has shown, they can eat Styrofoam containing a common toxic chemical additive and still be safely used as protein-rich feedstock for other animals, according to a new Stanford study published in Environmental Science & Technology.

The study is the first to look at where chemicals in plastic end up after being broken down in a natural system – a yellow mealworm’s gut, in this case. It serves as a proof of concept for deriving value from plastic waste.Petrochemical Oil Sanctions Automotive

Mealworms safely consume toxic additive-containing plastic

Petrochemical Oil Sanctions Automotive

Petrochemical Biorecycling Automotive Seating 19-12-2019

 

Petrochemical Nonwoven Automotive Seating 20-12-2019

Petrochemical Nonwoven Automotive Seating

-Crude Oil Prices Trend

Crude Oil Prices Trend

-Arburg Freeformer 300-3X to make Asia market debut at TCT Asia

German injection moulding leader Arburg will bring its Freeformer 300-3X additive manufacturing system to the Asian market for the first time at TCT Asia 2020.

The Shanghai event, which returns for its sixth year on 19-21 February, will feature live demonstrations of the 300-3X 3D printing functional parts with a combination of hard and soft properties and support structure.

The large format system made its debut at Formnext last year and leverages the ARBURG Plastic Freeforming (APF) process with a larger build volume (up to 234 x 134 x 230 millimetres) and higher temperatures within the build chamber up to 200 degrees Celsius.

Petrochemical Nonwoven Automotive Seating

-Next-Generation Aerospace Filtration

Keeping dust from reaching the internal workings of any engine is critical. Whether a business operates an Airbus or a regional aircraft fleet, one thing they all have in common is recurring air filter maintenance. The AEROGrAFT Spearhead Project, announced by the Graphene Flagship, is set to produce heatable aero-graphene foams, to reduce the cleaning time of aero-material filters in the areospace industry, saving businesses huge sums of maintenance costs and downtime.

Developed in collaboration with Naturality Research & Development, Spain and Lufthansa Technik, Phi-Stone, and Sixonia Tech in Germany, the AREOGrAFT Spearhead Project is on a mission to develop prototype self-cleaning air filters that use areo-graphene foam.

Developed with graphene’s homogenous heat distribution properties in mind, the graphene-enabled foam will ensure even heat throughout the air filter, to elicit a consistent cleaning across all air filter surfaces.

Petrochemical Nonwoven Automotive Seating

-DOMO to source renewable energy for nylon film production

DOMO Film Solutions has announced that it will start sourcing 100 per cent renewable energy for the production of its nylon film from January 2020.

The move reflects DOMO’s continuous commitment to providing low-carbon nylon film.

MD Attilio Annoni said: “Thanks to this reduction in carbon footprint, NYLEEN has made another step forward towards offering industry a sustainable nylon film solution as we continue to improve our production processes. This family of nylon films has a proven low carbon footprint and this use of renewable energy will help to lower that even further.”

Petrochemical Nonwoven Automotive Seating

-FCA passenger cars to move to PSA platforms

In outlining the industrial side of their merger, PSA Group and Fiat Chrysler Automobiles said that more than two-thirds of their production would be concentrated on just two platforms, with 3 million cars per year on a compact/midsize platform and 2.6 million on a small platform.

The smaller platform will be PSA’s CMP architecture and larger cars will be on the group’s EMP2, industry sources told Automotive News Europe. Ram pickups and larger Jeep models will continue to use FCA underpinnings.

Petrochemical Nonwoven Automotive Seating

-Advantages of 3D textiles

© Tex Tech Industries.Tex Tech Industries, headquartered in Portland, Maine, has been working on a project with the Institute for Composite Materials (IVW) in Germany on the issues of the high lay-up requirements and sensitivity to delamination when using 2D textile fabrics and the difficulties in impregnation when using thicker 3D woven fabrics.

The research team believed that by integrating through-thickness oriented fibres in 3D woven fabrics, they could achieve more promising results from through-thickness permeability tests.

Advantages of 3D textiles

-Goal 2020, surviving cotton: a roller-coaster decade for raw materials

Cotton, one of the main raw materials of the fashion industry, reached record highs in 2011 and again hit lows just three years later.

The global raw materials market has lived one of its busiest decades. Cotton, one of the main raw materials of the fashion industry, reached record highs in 2011 and again hit lows just three years later. The lesson that retailers took from these was that it is necessary to stabilize raw materials market and give it continuity over time. Part of the answer to this shift of paradigm is circularity.

Goal 2020, surviving cotton: a roller-coaster decade for raw materials

-China, Russia propose lifting some UN sanctions on North Korea, U.S. says not the time

China and Russia on Monday proposed the UN Security Council lift a ban on North Korea exporting statues, seafood and textiles, according to a draft resolution seen by Reuters, in a move Russia said is aimed at encouraging talks between Washington and Pyongyang.

The draft also called for a ban to be lifted on North Koreans working abroad and the termination of a 2017 requirement for all such workers to be repatriated by next week. The draft would also exempt inter-Korean rail and road co-operation projects from UN sanctions.

Petrochemical Nonwoven Automotive Seating

-The Ocean Cleanup successfully brings first plastic waste haul to land

The Great Pacific Garbage Patch now has a little less plastic trash thanks to an eco-friendly cleanup project.

The Ocean Cleanup is celebrating a big win. For the first time, the non-profit organization successfully brought to shore multiple large bags that were filled with plastic trash it pulled from the infamous Great Pacific Garbage Patch.

The Ocean Cleanup successfully brings first plastic waste haul to land

-Water bottler turns to KHS to improve sustainability

For the pre-holiday edition of Best Practices, we travel to sunny Florida, where the family-owned Silver Springs Bottled Water Co. has installed a KHS InnoPET TriBlock blow molder/labeler/filler block for running PET bottles.

Actually, the Richmond family now has 11 KHS production lines in what has become a long-term partnership. The husband-and-wife team of Karl and Margaret Richmond bought Silver Springs Bottled Water in 1991.

Water bottler turns to KHS to improve sustainability For the pre-holiday edition of Best Practices, we travel to sunny

-NAPCOR: PET bottle recycling rate remains near 29%

More PET bottles were collected for recycling last year, but the overall recycling rate remains stagnant, according to an industry report.

The annual report from the National Association for PET Container Resources (NAPCOR) shows over 1.8 billion pounds of PET bottles were collected in the U.S. for recycling in 2018, up 5% over the previous year.

But the U.S. recycling rate for those bottles remained roughly flat at 28.9%, compared to 29.2% in 2017, because generation increased. The rate is calculated by dividing total PET bottles recycled domestically and exported by the total used in U.S. bottles.

NAPCOR: PET bottle recycling rate remains near 29%

Petrochemical Nonwoven Automotive Seating

Petrochemical Biorecycling Automotive Seating 19-12-2019

Petrochemical Biorecycling Automotive Seating 19-12-2019

Petrochemical Biorecycling Automotive Seating

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-ROICA™ Joins Première Vision Paris February 12-14, 2019 Hall 6 booth 6H56 7

ROICA™ experts showcase the world-first ROICA Eco-Smart™ Family comprised of 2 responsible made yarns.

The first is a GRS (Global Recycled Standard) certified yarn and the world’s first yarn. The second is awarded Cradle2Cradle Material Health Gold Level Certificate and Hohenstein Environment compatibility certification.

A unique range of ROICA Eco-Smart™ Family based fabrics will be displayed at the booth, presenting the world’s first responsibly made premium stretch fibers. Thus, to give rise to ROICA™ smart yarns that offer sustainable solutions with relevant certifications:

Petrochemical Biorecycling Automotive Seating

-European Bioplastics backs EC “roadmap”

European Bioplastics (EUBP) has welcomed the EU Commission’s publication of the European Green Deal, which its chairman Francois de Bie calls a “roadmap to become a resource-efficient and competitive economy with zero net greenhouse gas emissions by 2050″.  Petrochemical Biorecycling Automotive Seating 

The Green Deal concept includes a set of specific measures and initiatives that are designed to guide the implementation process. The commission has put particular emphasis on the plastics industry with bioplastics seen as a key driver for innovation.

Petrochemical Biorecycling Automotive Seating

-As Russell leaves ACC, he sees plastics recycling investments paying off

Steve Russell, who is stepping down after 12 years heading one of the plastics industry’s two main trade groups in Washington, has a prediction on his way out: Investments in recycling will, in a few years, start to reap rewards for addressing plastic waste challenges. Petrochemical Biorecycling Automotive Seating 

Russell has led the plastics division of the American Chemistry Council since 2007, giving him a key role in developing the industry’s strategy. ACC announced Dec. 5 that he is stepping down in February, a decision Russell said he made for personal reasons.

Petrochemical Biorecycling Automotive Seating

-Trinseo and Greiner Packaging announce plans to advance implementation of recycled polystyrene in packaging

Trinseo has announced a collaboration with Greiner Packaging, to advance the implementation of recycled polystyrene used in packaging applications.

The joint project aims to demonstrate the circularity of polystyrene by utilising recycled material to develop and test recycled polystyrene packaging. Petrochemical Biorecycling Automotive Seating 

Petrochemical Biorecycling Automotive Seating

-U.S.-led pressure fractures as China, Russia push for N.Korea sanctions relief

A proposal by China and Russia to ease U.N. sanctions on North Korea increases pressure on the United States and signals what is the likely end of unified efforts to persuade Pyongyang to give up its growing nuclear and missile arsenal.

On Monday China and Russia proposed that the United Nations Security Council lift a ban on North Korea exporting statues, seafood and textiles, and ease restrictions on infrastructure projects and North Koreans working overseas, according to a draft resolution seen by Reuters.Petrochemical Biorecycling Automotive Seating 

-U.S.-led pressure fractures as China, Russia push for N.Korea sanctions relief

-EU chems 2020 output expected flat after 1% decline in 2019 – Cefic

EU chemicals production is expected to have fallen 1% in 2019, year on year, with no growth expected in 2020 as a hostile trade environment and political uncertainty continue to weigh on demand, EU trade group Cefic said on Tuesday.

Sector demand this year was weakened by slower macroeconomic growth, trade conflicts and Brexit uncertainty, all sapping output in key end markets including the automotive and electrical appliances sectors. Petrochemical Biorecycling Automotive Seating 

Construction output has proven a brighter spot for producers as low interest rates and high infrastructure demand allowed the sector healthy growth in output, which is expected to continue into next year.

EU chems 2020 output expected flat after 1% decline in 2019

-Taiwan’s plastics sector uses 4.0 to extend its reach

Taiwanese machinery makers are using Industry 4.0 technology as part of an effort to grow their sales base in Europe. Petrochemical Biorecycling Automotive Seating 

At K 2019 in Düsseldorf, Germany, the Taiwan External Trade Development Council (TAITRA) consolidated offerings from 48 different companies while another 50 companies were featured at other booths.

Taiwan's plastics sector uses 4.0 to extend its reach

-New Anellotech technology tackles plastics pollution by recycling plastic waste into chemicals

Sustainable technology company Anellotech is significantly expanding its programme 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 per cent 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. 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 Biorecycling Automotive Seating 

New Anellotech technology tackles plastics pollution by recycling plastic waste into chemicals

-plastship 2.0 closes the loop for recycled plastics

A transparent, joint approach optimises plastics recycling, as everyone agreed at the International Recycling Forum in Wiesbaden, Germany, where 120 delegates from 22 countries representing businesses, associations and academia met in November.

It is not always possible to replace or supplement virgin material with recycled pellets since no comparable data about their service and moulding characteristics is available. Networks capable of sourcing compliant materials can help, though, according to plastship GmbH MD Andreas Bastian and Co-MD Konstantin Humm.

Bastian said: “There are many good approaches to collecting plastic scrap from various sectors and to establishing closed loops. Some improvements are also being made in terms of the quality of post-consumer recycled materials, but we still haven’t arrived at uniform standards.Petrochemical Biorecycling Automotive Seating 

plastship 2.0 closes the loop for recycled plastics

Petrochemical Biorecycling Automotive Seating

Petrochemical Carbon Fiber Automotive 18-12-2019

Petrochemical Carbon Fibers Automotive 18-12-2019

Petrochemical Carbon Fibers Automotive

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Upcycling ‘fast fashion‘ to reduce waste and pollution

Recycling cotton-polyester clothes is closer to reality with a new method that can (1) dissolve the blended materials, (2) separate the cellulose and (3) spin new lyocell-like fibers. Credit: Simone Haslinger/Herbert Sixta, Ph.D.

Pollution created by making and dyeing clothes has pitted the fashion industry and environmentalists against each other. Now, the advent of “fast fashion”—trendy clothing affordable enough to be disposable—has strained that relationship even more. But what if we could recycle clothes like we recycle paper, or even upcycle them? Scientists report today new progress toward that goal.

Petrochemical Carbon Fiber Automotive

-China suspends planned additional tariffs on some US items

China’s Customs Tariff Commission of the State Council yesterday announced suspension of the planned additional tariffs on some US products that was scheduled to be implemented at 12:01 pm (Beijing time) on December 15. The suspension covers the 10 per cent and 5 per cent additional tariffs respectively on the imported products, the commission said.Petrochemical Carbon Fibers Automotive

China will also continue to suspend its additional tariffs on Us-made vehicles and auto parts, an official news agency reported. Petrochemical Carbon Fibers Automotive

The decisions followed recent trade talks between the two sides and in accordance with China’s laws and regulations on customs, foreign trade and tariffs as well as the basic principles of international laws, the commission said.

Petrochemical Carbon Fiber Automotive

-The Worrying Truth About Russia’s Oil Industry

The widespread adaptation of the combustion engine at the start of the 20th century propelled oil into becoming the world’s most important commodity.

Resource-rich countries such as Russia were the beneficiaries of the new global energy order.

Its predecessors, the Soviet Union and Imperial Russia, were already among the first and most important producers of oil in the late 19th and early 20th century. The country’s oil sector, however, is facing challenges to maintain its current level of production. Petrochemical Carbon Fibers Automotive

Although Russia ranks 8th in terms of proven oil reserves, it is the second-largest producer with 11.2 million barrels per day (mb/d).

The Worrying Truth About Russia’s Oil Industry

-Klopman invests in sustainability

Consumption of electricity and water reduced by 17% and 12% respectively in one year, 99% of waste was managed in a sustainable manner through recovery, reuse and recycling procedures, and the production of fabrics made with ecological materials reached 2.3 million metres with an increase of 77% compared to 2017 and quintupled over the past three years.

These are just some of the environmentally conscientious results achieved by Klopman, as certified by the 2018 edition of the sustainability report, the third published by the company. The document confirms Klopman’s determination to make corporate social responsibility, respect for the environment and its local communities and attention to its employees all critical success factors.  Petrochemical Carbon Fibers Automotive

Petrochemical Carbon Fiber Automotive

-Europe first: the EU’s digital industrialisation challenge

Ursula von der Leyen has put tackling the EU’s loss of competitiveness against US tech companies and increasingly sophisticated Chinese manufacturing at the top of her agenda.

The new president of the European Commission, who took office this month, has promised to roll out a reinvigorated industrial strategy by March.

The EU lags behind the US and Asia in many cutting-edge fields.

This means it could lose even more share of global manufacturing as new technologies — such as the internet of things, the use of big data, artificial intelligence and 5G — go mainstream. Petrochemical Carbon Fibers Automotive

EU’s digital industrialisation challenge

-Moody’s cuts India’s economic growth forecast to 5.6%16

India’s economic growth forecast for 2019 was reduced to 5.6 per cent last week by Moody’s Investors Service, which said government measures do not address the widespread weakness in consumption demand. India’s real gross domestic product (GDP) growth rate was 7.4 per cent in 2018. India’s economic slowdown is lasting longer than previously expected, it said.

In its Global Macro Outlook 2020-21, Moody’s said economic activity in India will pick up in 2020 and 2021 to 6.6 per cent and 6.7 per cent, respectively, but the pace to remain lower than in the recent past. Petrochemical Carbon Fibers Automotive

Petrochemical Carbon Fiber Automotive

-Circular economy going around in circles, experts say

The circular economy has been hailed as the best way to solve the ever-piling plastic waste problem in Indonesia, but observers argue that the country lacks the integration to make it work.

Indonesia produces about 64 million tons of waste annually, according to February data from the Environment and Forestry Ministry.

Of the total figure, about 15 percent is plastic waste, much of which is food and beverage packaging and plastic bags. Petrochemical Carbon Fibers Automotive

Petrochemical Carbon Fiber Automotive

-Brexit imminent as Boris Johnson wins UK election

With British Prime Minister Boris Johnson winning the election on December 13, Brexit seems imminent. As the Conservative Party crossed the 326-mark needed for a majority, Johnson set his country on course to leave the European Union (EU) next year. Expected to unveil a new government today, he will soon seek to speed up approval of his withdrawal agreement.

Johnson hailed the win for his party as a ‘powerful new mandate’ to move forward with his Brexit deal, according to British media reports. Petrochemical Carbon Fibers Automotive

Petrochemical Carbon Fiber Automotive

-S-Oil settles 2020 term PX contract

South Korea’s S-Oil has settled its first term 2020 paraxylene (PX) contract, which includes an Argus cfr Taiwan/China component, with China’s Shenghong Petrochemical.

The pair have agreed on a discount of $2/t against a 50pc Asia Contract Price (ACP), 50pc spot cfr Taiwan/China assessments formula for an undisclosed volume termed as an “ACP portion”. Petrochemical Carbon Fibers Automotive

The 50pc spot calculation will be on a 35pc Argus, 35pc Icis and 30pc Platts pricing basis.

-S-Oil settles 2020 term PX contract

-Greens welcome ‘first steps’ on plastic; urge more action

The ACT Greens have welcomed the ACT Government’s initial commitment to phase out some harmful single-use plastics, but say more needs to be done.

The ACT Greens have welcomed the ACT Government’s initial commitment to phase out some harmful single-use plastics, but say more needs to be done.

“The Greens believe urgent action is needed to help reduce waste generation and the impacts plastic has on our environment, oceans, waterways and health,” said Greens Environment Spokesperson, Shane Rattenbury. Petrochemical Carbon Fibers Automotive

-Greens welcome ‘first steps’ on plastic; urge more action

-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 Carbon Fibers Automotive

Petrochemical Carbon Fiber Automotive

Petrochemical Carbon Fibers Automotive

Petrochemical PP Biochemical Automotive 17-12-2019

Petrochemical PP Biochemical Automotive 17-12-2019

Petrochemical PP Biochemical Automotive

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Asia naphtha draws support from H2 Jan demand; premiums up

Asia’s naphtha prices are buoyant on the back of end-user buying H2 January-delivery cargoes, driving up premiums on spot deals.

On Friday morning, open-specification naphtha prices averaged at around $604/tonne CFR (cost and freight) Japan for H2 January, steady from the previous day’s close. Prices are up $15.50/tonne from a week earlier, ICIS data showed.

Petrochemical PP Biochemical Automotive

-VEnvirotech transforms organic wreck into bioplastics

After a year of testing out environmental applied sciences for a private firm, co-founder Patricia Ayma developed a job for bioplastic production using bacteria.

The blueprint turns organic topic, reminiscent of meals wreck, proper into a product that would additionally be extinct as a biodegradable different to single-use plastics.

“I realized that it was as soon as a straightforward technology for taking to society, that can relieve each person,” she tells us.   Petrochemical PP Biochemical Automotive

Petrochemical PP Biochemical Automotive

-Sumitomo (SHI) Demag gives machine energy testing the ‘greener’ light

Sumitomo (SHI) Demag is enabling UK manufacturers to reduce energy consumption by launching a new testing service and more educated machinery investment decisions.

Already a popular value-add service with the company undertaking more than 300 performance measurements for customers annually, Sumitomo (SHI) Demag recently invested in three new Fluke energy monitoring devices to extend this service.

Petrochemical PP Biochemical Automotive

Petrochemical PP Biochemical Automotive

-2020 predictions: from oil at $85 to a Trump election win

Peter Cooper offers his financial outlook for next year — but remember, no one ever gets it quite right

Peering into the great unknown is always a hazardous business, even just a matter of days ahead. But financial commentators have to earn a crust and ducking out of a forecast for the new year is not an art I have perfected.

Rather than come up with unlikely predictions that are interesting to consider and don’t have to be exactly right — as Saxo Bank does every year with its outrageous predictions list — I will focus on upcoming events that any contrarian investor should investigate.

Petrochemical PP Biochemical Automotive

-Small nanoparticles have surprisingly big effects on polymer nanocomposites

Depicted at left, small nanoparticles stick to segments of polymer chain that are about the same size as the nanoparticles themselves; these interactions produce a polymer nanocomposite that is easier to process because nanoparticles move fast, quickly making the material less viscous. Petrochemical PP Biochemical Automotive

At right, many segments of a polymer chain stick to a larger nanoparticle, making it difficult for that nanoparticle to move.

Its slower movement results in a viscous material that is more difficult to process. Credit: Oak Ridge National Laboratory, US Dept. of Energy, created by Jan-Michael Carrillo

Small nanoparticles have surprisingly big effects on polymer nanocomposites

-Polymer-coated silicon nanosheets—an alternative to graphene

Similar to carbon, silicon forms two dimensional networks that are only one atomic layer thick. Like graphene these layers possess extraordinary optoelectrical properties. Embedding them in a polymer, scientists at the Technical University of Munich (TUM) have developed a stable composite material which can be processed with standard polymer technology. Credit: Tobias Helbich / TUM

Silicon nanosheets are thin, two-dimensional layers with exceptional optoelectronic properties very similar to those of graphene. Petrochemical PP Biochemical Automotive

Polymer-coated silicon nanosheets—an alternative to graphene

-Cassava service baggage: Indonesian entrepreneur tackles plastic scourge

From bags washing up on Bali‘s beaches to food packaging scattered across roads and clogging waterways in cities, Indonesia is facing a plastic waste crisis driven by years of rapid economic growth

From bags washing up on Bali‘s beaches to food packaging scattered across roads and clogging waterways in cities, Indonesia is facing a plastic waste crisis driven by years of rapid economic growth. Petrochemical PP Biochemical Automotive

Now an entrepreneur from Bali, disgusted at the rubbish littering the famous holiday island, is trying to tackle the problem with alternatives to conventional plastic.

Cassava service baggage: Indonesian entrepreneur tackles plastic scourge

-Bio On : PERMISSION OBTAINED TO BUILD A NEW BIO-ON PLANT TO PRODUCE PHAS BIOPOLYMERS FOR COSMETICS

Bio-On S.p.A. Permission obtained to build a new Bio-on plant to produce PHAs biopolymers for cosmetics Bologna, 09 March 2017 – Bio-on announces that work will soon start on the construction of a new plant dedicated solely to production of PHAs special biopolymers for niche and rapidly developing product categories, particularly for the cosmetics sector. Petrochemical PP Biochemical Automotive

This new plant, based in Castel San Pietro Terme in the province of Bologna, has 3,700 covered m2, 6,000 m2 land for development and a total area of 30,000 m2. The plant will have a capacity dedicated to the research into and production of 1,000 tons per year rapidly expandable to 2,000 tons per year.

Bio On : PERMISSION OBTAINED TO BUILD A NEW BIO-ON PLANT TO PRODUCE PHAS BIOPOLYMERS FOR COSMETICS

-GEA showcases sustainable solutions at Packaging Days 2019

GEA product experts demonstrated the technology group’s solutions for the sustainability sector at this year’s Packaging Days, staged in November.

The lecture series kicked off with a presentation on the GEA PowerPak PLUS thermoforming machine and GEA DualSlicer.

Attendees were given an insight into a packaging process that, according to GEA, makes rapid film changes simple while minimizing film wastage.

Characterized by its reported premium cut quality, low give-away and high yield, the company says that the slicer can be adapted to suit relevant products.

GEA showcases sustainable solutions at Packaging Days 2019

-REKOOP 2.0 is an evolved and expanded expression of our sustainable bedding concept made with forensically tagged recycled polyester

dope dyed

80% VISCOSE, 20% RECYCLED POLYESTER

Viscose – made from wood based cellulose | Look and feel of cotton Same properties of comfort, breathability, absorbency Sustainable. Fully

biodegradable Dope dyeing of Viscose – truly sustainable Colorants added in spinning – no dyeing or washing needed Reduction in water, chemicals, energy and carbon emissions

REKOOP 2.0 is an evolved and expanded expression of our sustainable bedding concept made with forensically tagged recycled polyester

Petrochemical PP Biochemical Automotive

Petrochemical PP Biochemical Automotive

Petrochemical PP Biobased Automotive 16-12-2019

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/ton6,600 yuan/ton+150
Bottle grade PET chips export market820 $/ton840 $/ton+20
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/ton4,855 yuan/ton+25
Pure Terephthalic Acid PTA export market
605 $/ton 610 $/ton+5
Monoethyleneglycol MEG domestic market4,865 yuan/ton5,295 yuan/ton+430
Monoethyleneglycol MEG export market568 $/ton602 $/ton+34
Paraxylene PX FOB  Taiwan market809 $/ton814 $/ton+5
Paraxylene PX FOB  Korea market788 $/ton799 $/ton+11
Paraxylene PX FOB EU market

Petrochemical Polymers Polyolefins PET

727 $/ton734 $/ton+7
Polyester filament POY 150D/48F domestic market6,855 yuan/ton7,020 yuan/ton
+165
Recycled Polyester filament POY  domestic market6,700 yuan/ton6,900 yuan/ton+200
Polyester filament DTY 150D/48 F domestic market8,600 yuan/ton8,700 yuan/ton+100
Polyester filament FDY 68D24F domestic market 7,650 yuan/ton7,950 yuan/ton+300
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Polyolefins PET
7,200 yuan/ton7,450 yuan/ton+250
Polyester staple fiber 1.4D 38mm domestic market6,780 yuan/ton7,000 yuan/ton+220
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/ton11,950 yuan/ton+150
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 $/ton708 $/ton –
Ethylene South East market710 $/ton680 $/ton-30
Ethylene NWE  market781 $/ton772 $/ton-9
Acrylonitrile ACN  domestic market11,600 yuan/ton11,300 yuan/ton-300
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 $/ton576 $/ton
+14
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 PP Biobased Automotive 16-12-2019

Petrochemical PP Biobased Automotive

Petrochemical Polymers Polyolefins PET Prices

Petrochemical PE Biobased Automotive

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-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

Microplastics in Ocean

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.