Polyestertime

Petrochemicals Biodegradable Antidumping 17-08-2019

Petrochemicals Biodegradable Antidumping

-Cemvita Factory and Oxy Low Carbon Ventures Announce Investment Agreement to Advance Innovative Low-Carbon Technology

Cemvita Factory, a carbon-negative company, today announced that it has received equity investment from Oxy Low Carbon Ventures to support the commercialization of new bio-engineered pathways that use CO2 as the feedstock for sustainable production of intermediate chemicals and polymers.

Cemvita Factory is a Houston-based biotech startup that’s on a mission to create economical solutions for a sustainable future. Cemvita Factory’s technology includes a CO2 utilization platform that mimics photosynthesis and other natural processes to produce industrial chemicals and polymers for energy sustainability, resulting in a carbon-negative impact.

Petrochemicals Biodegradable Antidumping

-OPEC Oil Production Continues To Slide As Saudis Cut Deeper

OPEC’s crude oil production fell by another 246,000 bpd in July compared to June, as Saudi Arabia deepened its cuts, as U.S. sanctions further trimmed output in Iran and Venezuela, and as an outage restricted production in Libya.

According to secondary sources in OPEC’s closely watched Monthly Oil Market Report published on Friday, total OPEC crude oil production averaged 29.61 million bpd in July, down by nearly 250,000 bpd from June, and driven by lower output in Saudi Arabia, Iran, Libya, Venezuela, and Nigeria. Iraq and Algeria recorded the largest production increases, OPEC’s secondary sources estimates showed.

Petrochemicals Biodegradable Antidumping

-Europe PE market ponders future direction as holidays take hold

The polyethylene (PE) market is quietly active in Europe as the holiday period is in full swing, but visibility is low, as those players that are still working speculate on the short-term future.

– Market uncertain

– Planned cracker outages begin

– More US HDPE imports

“It’s very difficult to read at the moment,” said a trader.

Spot business has been very quiet, which is what most players would expect in a market with no supply issues, but demand in the contracted arena has been stronger than expected for some grades.

Low density polyethylene (LDPE) demand in particular has been good for contracted volumes, while high density polyethylene (HDPE) moves along steadily in the contract market but is nervous in the spot sector as talk of US volumes at low prices is widespread. Petrochemicals Biodegradable Antidumping

Petrochemicals Biodegradable Antidumping

-US hesitates on tariffs as economic sentiment worsens

The US administration’s decision to delay the 10% tariffs on large parts of the final $300bn of Chinese exports not already targeted may signal that it fears an economic slowdown or even recession is on its way, just as the President gears up for the 2020 presidential elections.

The tariffs had been scheduled to go into place on 1 September but many products – including laptops, mobile phones, video game consoles, some toys, computer monitors, some footwear, clothing and chemicals – will now activate on 15 December. Click here to see a full list of tariffs for Round 4.

Petrochemicals Biodegradable Antidumping

-Truetzschler scores at Texfair 201916

The Southern India Mills’ Association (SIMA) representing the textile industry in South India organised ‘Texfair 2019’ for all textile machineries, accessories and spares manufacturer at Codissia Trade Fair Complex in Coimbatore recently. Bale to sliver specialist, Truetzschler, also participated in this prestigious event with a magnificent booth.

The aim of Truetzschler was to get in touch with the important customers in south India and also to appraise them of the new products launched by Truetzschler. The company received overwhelming response from all the visitors for its array of innovative offerings. Decision makers as well as the technicians had interesting interactions with the sales team, said Truetzschler in a media statement. Petrochemicals Biodegradable Antidumping

Truetzschler scores at Texfair 201916

-New Biobased Polymers Coming to Market in 2019

Cambridge, UK – Biobased polymers are gaining increased prominence in the minds of consumers, as increased awareness of climate change and plastic pollution continues to grow.

However, the range of biobased alternatives to the main plastics we encounter in our daily lives continues to limit its potential adoption.

Key to accelerating the switch from petrochemical to biobased plastics is going to be a larger diversity of materials, including commodity polyolefins such as polypropylene and polyethylene.

IDTechEx looks at the key manufacturers of biobased polymers and production methods and capacities, in their report, “Biobased Polymers 2018-2023: A Technology and Market Perspective”. Petrochemicals Biodegradable Antidumping

New Biobased Polymers Coming to Market in 2019

New Biobased Polymers Coming to Market in 2019

Petrochemicals Biodegradable Carbon Fibres 16-08-2019

Petrochemicals Biodegradable Carbon Fibres

China – Polyethylene Terephthalate

PET and it’s chain continue to be assessed mixed.

Crude oil price is in health.

Polyamide 6 and its chain are firm.

Acrylonitrile is steady.

PET Bottle grade export 825/890 $/ton PET Bottle grade domestic market 6,800/5,900 yuan/ton PET Filament grade SD domestic market 6,650/6,800 yuan/ton – PET Filament grade BR domestic market 6,750/6,900 yuan/ton

PTA Taiwan 695/705 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,550 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,750/7,850  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Petrochemicals Biodegradable Carbon Fibres

Crude Oil Prices Trend

Crude Oil Prices Trend

-Further EvoQuench PA POY systems destined for China

Oerlikon Barmag recently signed contracts for two orders with a total of 120 spinning positions for manufacturing polyamide POY yarn with Chinese yarn manufacturers. What makes this so special is the fact that all positions will be equipped with the EvoQuench radial quenching system for polyamide.

Further EvoQuench PA POY systems destined for China

Polyamide (PA) microfiber yarns

With this, two well-known yarn manufacturers are now committing to the EvoQuench concept to produce polyamide yarn, equipping themselves for the efficient manufacture of microfiber yarns in the process. The benefits of radial quenching vis-à-vis conventional cross-flow quenching when manufacturing microfibers are well-known from polyester processing: manufacturing outstanding quality in a more production-reliable manner, i.e. with fewer yarn breaks, is a convincing argument and makes producing polyamide microfibers considerably more efficient.

Petrochemicals Biodegradable Carbon Fibres

-China’s July economic data points to further weakness in growth

China’s recent slew of negative macroeconomic data for July points to further weakness in its growth outlook for this year despite the delay in the US’s implementation of the 10% additional tariffs on some of the $200bn of Chinese goods.

The country’s vehicle sales also fell by 4.3% year on year in July.

“China’s economy still faces strong headwinds amid weakening domestic demand and re-escalating US/China trade tensions. Beijing cannot afford to stop policy easing yet,” Japanese brokerage Nomura said in a note.

On the petrochemicals front, shares of most major Asian producers have weakened this week, tracking global equity markets, while spot prices of base chemical feedstocks have been weighed by falling crude oil futures amid persistent fears over a global recession.

Petrochemicals Biodegradable Carbon Fibres

-NOVA Chemicals Raises September PE Prices In US By USD88 Per Ton 

NOVA Chemicals, one of the world’s largest producers of polyolefins, announced an increase in the price of polyethylene (PE) by 4 cents per pound (USD88 per tonne) from September 1 of this year or as contracts permit, ICIS reports with reference to a company letter to customers.

According to the letter, 4 cents per pound set for September is in addition to the NOVA announced earlier increase of 3 cents per pound (USD66 per tonne) in August.

Contracted PE prices in the US have been declining for the past two months in a row.  Lower contract prices and higher export volumes led to lower margins for polyethylene producers.  Buyers may resist the resumption of rising prices, as raw material costs declined for most of the year, while stocks remain in abundance.

NOVA Chemicals Raises September PE Prices In US By USD88 Per Ton 

The European polyethylene terephthalate (PET) and upstream purified terephthalic acid (PTA) markets will continue to be challenged by supply and demand, which in turn is heavily impacted by the bigger, unpredictable, global picture.

– Upstream volatility, particularly in Asia

– Unusual weather patterns affect demand

 – Virgin PET and the road to sustainability

ASIA
The most recent moving goal posts in influential Asian markets saw prices up the PET value chain plummet in early August, before soaring again overnight.

Petrochemicals Biodegradable Carbon Fibres

-Adipic Acid Market Likely to Emerge over a Period of 2018-2023

The global market volume for adipic acid should grow from nearly 3,920.6 kilotons in 2018 to 4,535.9 kilotons by 2023 with a compound annual growth rate (CAGR) of 3.0% for the period of 2018-2023.

The scope of the report covers the overview of the global market for adipic acid and analyses of global market trends, with data from 2016, a base year of 2017 and estimates for 2018 and 2023, with projections of CAGR in the forecast duration. Sales values are presented in U.S. dollars, while volumes are presented in kilotons units. Estimated values used are based on manufacturers’ total revenues.

Adipic Acid Market Likely to Emerge over a Period of 2018-2023

US-listed chemical stocks fell sharply on Wednesday as the Dow Jones Industrial Average declined by 3.05%.

The index closed at 25,479.42, down 800.49 points.

The S&P 500 closed at 2,840.60, down by 85.72 points or 2.93%.

The stock markets fell after the yield on a 10-year Treasury note fell below that for a two-year note. Normally, the yields on longer term notes are higher than those for shorter term ones. Such inversions have preceded recessions.

The yield on a 30-year Treasury bond also reached its lowest return ever.

The low yields on Treasury bonds and notes followed bad news in other parts of the world.

Petrochemicals Biodegradable Carbon Fibres

– ‘Smart’ clothing can boost wearable tech

Researchers in Singapore have invented ‘smart’ clothing they say can boost signals and save battery life on wireless devices such as headphones and smart watches.

The invention called “metamaterial” allows radio waves like Bluetooth and Wi-Fi to glide across clothing between wearable devices instead of radiating outwards in all directions.

This means sensors and wearable technology such as Apple Watches and AirPods can establish stronger connections faster and save energy, the scientists at National University of Singapore said.

“This T-shirt increases the wireless connectivity of devices around my body by 1,000 times,” said assistant professor John Ho, donning a sports shirt laced with comb-shaped strips of the metamaterial textile.

Smart clothing can boost wearable tech

-Shinkong Synthetic revenue declines as product prices fall

Polyester fiber and plastics maker Shinkong Synthetic Fibers Corp (新光合成纖維) yesterday said that it expects its main product prices to remain sluggish for the remainder of this year, after it caused its revenue in the first seven months to decrease 4.53 percent annually to NT$23.51 billion (US$748.6 million).

“Prices of plastic and PET [polyethylene terephthalate] products have been on a decline due to increasing supplies in China,” company president Samson Luo (羅時銓) told an investors’ meeting in Taipei.

-Sibur overhauls TPA facility

Sibur has completed the reconstruction of a terephthalic acid (TPA) production facility at its Blagoveshchensk site. It is currently the only TPA (a precursor to PET) site in Russia.

In Russia, annual consumption of TPA amounts to around 500,000 tonnes. An increase in output from 272,000 to 350,000 tonnes driven by the upgrade of the existing capacities in Blagoveshchensk will help largely phase out reliance on imports, claims Sibur.

Sibur overhauls TPA facility

-Honeywell commissions second C3 Oleflex unit for Zhejiang Satellite

Honeywell says that Zhejiang Satellite Petrochemical Co., Ltd. is using Honeywell UOP’s C3 Oleflex technology to produce 450,000 metric tons per year (m.t./yr) of polymer-grade propylene for a new petrochemicals complex in China. This is the second C3 Oleflex unit now operating with Satellite. Honeywell UOP (Des Plaines, Ill; www.uop.com) delivered Satellite’s first Oleflex unit in 2014.

Oleflex technology is helping to meet the growing demand in China for propylene, a key ingredient in plastics. Oleflex technology has been selected for a majority of dehydrogenation projects globally since 2011, including applications for propane, isobutane, and mixed propane and isobutane feeds.

Honeywell commissions second C3 Oleflex unit for Zhejiang Satellite

-Sustainable Plastic Packaging is Possible

Bag-in-Box Example Rapak´s View on Trends, Challenges, Solutions and Open Questions

Sustainability is one of the most discussed topics these days, especially in terms of packaging. For both packaging companies and food producers, new regulations and laws present challenges. On July 4th Alexander Kayser, General Manager Europe for Rapak, a global leader in flexible packaging for liquids, shared the company’s outlook on sustainability trends in a food industry event in Heidelberg, Germany.

While the attention on plastic waste is growing from the public, government and lobbyists, the world is starting to realize that not all plastic is equal. The core function of packaging is to protect products, keep food and drink fresher for longer and reduce product waste.

Sustainable Plastic Packaging is Possible

Petrochemicals Biodegradable Sustainability 15-08-2019

Petrochemicals Biodegradable Sustainability

 

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 825/895 $/ton PET Bottle grade domestic market 6,950/7,100 yuan/ton PET Filament grade SD domestic market 6,800/6,900 yuan/ton – PET Filament grade BR domestic market 6,900/7,000 yuan/ton

PTA Taiwan 695/705 $/ton PTA domestic market 5,150/5,250 yuan/tonMEG  525/535 $/ton – MEG domestic market 4,400/4,550 yuan/tonPX Korea 775/790 $/ton

Polyester POY 150D/48F  domestic market 7,750/7,850  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Petrochemicals Biodegradable Sustainability

Crude Oil Prices Trend

Crude Oil Prices Trend

-BASF and Toray in Supply Agreement for Production of CFRT Tapes for Automotive & Industrial Applications

Toray Advanced Composites (U.S. office in Morgan Hill, Calif.) and BASF, Florham Park, N.J., signed a manufacturing and supply agreement focused on the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets.

Toray Advanced Composites (U.S. office in Morgan Hill, Calif.) and BASF, Florham Park, N.J., signed a manufacturing and supply agreement focused on the production of continuous fiber reinforced thermoplastic (CFRT) tapes for the automotive and industrial markets. Toray Advanced Composites will produce high quality and affordable CFRT tapes using BASF’s range of Ultramid nylon engineering thermoplastics. The fiber manufacturer will reinforce BASF’s Ultramid nylon 6 resins with either glass fiber or with carbon fiber. Petrochemicals Biodegradable Sustainability

Petrochemicals Biodegradable Sustainability

-RTP Company Introduce CCX Conductive Masterbatches

RTP Company, has expanded its line of conductive compounds to include new CCX Conductive Masterbatches, setting a new standard for safe, productive, and reliable solutions for environments that are prone to electrostatic discharge (ESD).

CCX Conductive Masterbatches from RTP Company are available in a variety of resin systems, and can be formulated with four distinct additive technologies: stainless steel fibre, carbon nanotubes, carbon black, and permastat dissipative polymer technology.

Petrochemicals Biodegradable Sustainability

-Prices down for key curbside plastics

Plastics Recycling Markets PET and HDPE bales are fetching lower prices than they were a month ago, but PP and high-grade film have shown stability.

The national average price of post-consumer PET beverage bottles and jars has dropped from 15.03 cents per pound this time last month to the current average trading price of 13.91 cents per pound. This time last year, PET was trading at an average of 16.71 cents per pound. Petrochemicals Biodegradable Sustainability 

The price of post-consumer natural high-density polyethylene (HDPE) from curbside collection programs dropped slightly this month. The national average price is now 20.34 cents per pound, compared to 20.47 cents this time last month. One year ago, the national average for this grade was 38.81 cents per pound.

Petrochemicals Biodegradable Sustainability

-Bottled water brand mixes RPET and bioplastic

Coca-Cola will use recycled PET and plant-derived plastic in a Dasani water bottle, creating a package known as the “HybridBottle.” The move is one of several recycling-related changes being rolled out.

The beverage giant on Aug. 13 announced the packaging shifts for the Dasani brand, which is among the largest water brands in the U.S.

PlantBottle, which incorporates up to 30% plant-derived PET, has been used in a number of Coca-Cola beverages since its introduction in 2009. The company describes PlantBottle as the “first-ever fully recyclable PET plastic beverage bottle made partially from plants.”    Petroc  hemicals Biodegradable Sustainability

Bottled water brand mixes RPET and bioplastic

-Sonoco increases recycled plastic usage

A packaging giant has notched upward the amount of RPET it uses in its food containers.

Hartsville, S.C.-based Sonoco’s plastic packaging incorporated 26% recycled content in 2018 (23% was post-consumer material), according to the latest sustainability report. The year before, its plastic products had 19% post-consumer content.

Last year, Sonoco pledged to boost the post-consumer content in its plastics packaging to 25% by 2025.

Sonoco is an integrated recyclables collector, sorter and manufacturer. The company handles about 2.8 million tons of recyclables per year, using recovered paper in its packaging and industrial products. Petrochemicals Biodegradable Sustainability

Petrochemicals Biodegradable Sustainability

-Asahel Benin Sarl to produce sustainable and bio-based plastic films with help from Coperion

The Benin (West Africa)-based blown film manufacturer, Asahel Benin Sarl recently announced that it will produce sustainable, bio-based plastic films in the future. Asahel Benin will achieve this with help from Stuttgart, Germany headquartered Coperion GmbH, which will be delivering a complete compounding system and sharing the corresponding process engineering expertise.

The system includes a ZSK 26 Mc18twin screw extruder, four highly accurate feeders from Coperion K-Tron and a water bath, an air wipe and a strand pelletizer from Coperion Pelletizing Technology.

Petrochemicals Biodegradable Sustainability

-Selecta UK and Veolia partner for workplace cup recycling service

Coffee and vending machine supplier Selecta UK has partnered with French transnational waste, water and energy management company Veolia to launch SelectaGreen Cup Recycling Service for the workplace and on-the-go.

SelectaGreen will see millions of cups collected for processing each week. They will be made into high-end fibre goods, such as packaging for perfumes and colognes, shopping bags and luxury notepads.  Petrochemicals Biodegradable Sustainability

Selecta UK and Veolia partner for workplace cup recycling service

-Macro showcasing latest technology for sustainable packaging at K 2019

Canadian film and sheet extrusion systems manufacturer Macro Engineering & Technology Inc. is focusing its K 2019 efforts on sustainability and introducing its latest developed technologies in extrusion systems.

Macro’s newly advanced technology for sustainable packaging features the new MacroPack FP die; faster transition times and less waste; lower film thickness; more uniform layer thickness, enabling reduced usage of expensive resins and total gauge; new designs for screws and barrels to allow for a higher recycling content; and the control system with ‘ReadyRun’ technology, enabling the operator to bring back frequently used recipes with the push of a button.Petrochemicals Biodegradable Sustainability

Macro showcasing latest technology for sustainable packaging at K 2019

Petrochemicals Biodegradable Bioresin 14-08-2019

Petrochemicals Biodegradable Bioresin 14-08-2019

Petrochemicals Biodegradable Bioresin

China – Polyethylene Terephthalate

PET and it’s chain show a good upward trend.

Crude oil price decreases.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 825/895 $/ton PET Bottle grade domestic market 7,050/7,150 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,400/4,550 yuan/tonPX Korea 765/780 $/ton

Polyester POY 150D/48F  domestic market 7,650/7,750  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,150/7,300 yuan/ton

Petrochemicals Biodegradable Bioresin

Crude Oil Prices Trend

Petrochemicals Biodegradable Bioresin

-Dasani to Sell Water in Cans Starting Next Year

The next bottle of water Coca-Cola sells you might come in a can.

Coke plans to start offering its Dasani water in aluminum cans and bottles next year to make it more environmentally friendly.

The company hopes to collect and recycle the equivalent of every bottle or can it sells by 2030.

That’s a pretty lofty goal considering the soft drink giant produced 3.3 million tons of plastic in 2017.

Aluminum is easier to recycle than plastic, so moving customers away from plastic will likely help.

Dasani will still be available in plastic bottles, but they’ll be lighter weight.

Petrochemicals Biodegradable Bioresin

-UK startup developing biodegradable microplastics for commercial useBiodegradable microplastics planned to reduce ocean pollution

Microplastics, referring to plastic fragments less than 5mm in diameter, have become commonplace in the world’s oceans and food supply as they pollute water sources and find their indirect way into human and animal bodies.

Widely used in the cosmetics industry as exfoliants in products like scrubs and shampoo, microplastics in the ‘rinse-off’ category were banned in the United Kingdom in 2017, with the European Union proposing to ban 90 per cent of microplastic sources in the coming future.Petrochemicals Biodegradable Bioresin

Petrochemicals Biodegradable Bioresin

-Michigan provides $2.8M for recycling projects

A state-of-the-art MRF, a recyclables sorting robot, resumed glass collections – these are a few projects that recently received grants from the state of Michigan.

The Michigan Department of Environment, Great Lakes, and Energy (EGLE) in late July announced grants to support recycling in the state. The department has a larger pot of cash to work with this year because lawmakers in December passed a bill boosting recycling grant funding from $2 million last year to $15 million this year.

The grants announced in late July total over $2.8 million.

Petrochemicals Biodegradable Bioresin

-CSP to supply Ford with composite engine shroud

The SMC dual wall dash shroud, developed for the 2020 Ford Explorer, is said to reduce powertrain noise, vibration and harshness (NVH) compared to metal.

Continental Structural Plastics (CSP; Auburn Hills, Mich., U.S.) has announced that it is supplying Ford Motor Co. (Detroit, Mich., U.S.) with a composite, dual wall dash engine shroud for use in the 2020 Ford Explorer. This sheet molded compound (SMC) advanced composite shroud will reportedly reduce powertrain noise, vibration and harshness (NVH) experienced in the vehicle cabin.Petrochemicals Biodegradable Bioresin

Developed in collaboration with Ford using the tools in Ford’s new NVH lab, the composite engine shroud is said to create an air gap between the engine compartment and the steel front bulkhead by wrapping around the back of the engine and meeting the strut towers on each side of the engine bay.Petrochemicals Biodegradable Bioresin

Petrochemicals Biodegradable Bioresin

-Karl Mayer presents the complete knit supply chain

The Karl Mayer stand at this summer’s ITMA exhibition represented the entire textile value-added chain with presentations covering production, through to the fabric and its final applications across the warp knitting sector.

With around 1500 visitors attending over the course of the show, the stand included innovative machines for warp knitting, warp preparation and technical textiles, solutions for networking machines and the digital world, as well as exciting fabrics and examples of new applications with a high market potential.

Karl Mayer presents the complete knit supply chain

-US July styrene contracts rise on higher upstream costs

US July styrene contracts rose by 1.5 cents/lb ($33/tonne), as higher upstream costs for feedstock benzene in June outweighed soft derivative demand.

US styrene contracts settle one month in arrears.

US July styrene contracts are assessed by ICIS at 55-60 cents/lb FOB (free on board).

US July styrene contracts rise on higher upstream costs

-India 9-month auto industry downturn affects ancillary trade, petchems

India’s nine-month long demand slump in automobile industry – July sales dipping to its lowest level in 20 years – has affected the auto components and ancillary industries including petrochemicals triggering job cuts and production slowdown.

The automobile industry constitutes 7.1% of the country’s GDP, and 49% of the manufacturing GDP.

Inclusive of its value chain, the industry supports over 30m jobs, as per data from the Society of Indian Automobile Manufacturers (SIAM).Petrochemicals Biodegradable Bioresin

Petrochemicals Biodegradable Bioresin

-Packaging Innovations to put plastic alternatives under the microscope

Experts from some of the world’s biggest brands, including Carlsberg, LUSH Cosmetics, and Just Eat, will come together at Packaging Innovations and Luxury Packaging London 2019 to debate in ‘The Big Plastics Debate’.

The show’s headline feature will welcome an array of industry experts to discuss the alternatives to traditional plastic and take a critical view of their green credentials.

Petrochemicals Biodegradable Bioresin

-Lighting up environmental issues: Proviz jackets made from recycled plastic bottles

Proviz – a specialist in light-emitting and reflective cycling, running and outdoor products – has announced its continued commitment to the environment by announcing all its jackets will be made from recycled plastic bottles.

The brand will also encourage its customers to recycle their old products by offering discounts when traded-in.

From summer 2019, all inner linings of Proviz jackets will be manufactured from REPREVE. This is a recycled polyester, made from recycled plastic bottles in the USA. REPREVE transforms recycled bottles into a fibre. The manufacturing process also embeds properties such as wicking, adaptive warming, cooling and water repellency.

Proviz jackets made from recycled plastic bottles

Related Topics

Petrochemicals Biodegradable Automotive 13-08-2019

Petrochemicals Biodegradable Automotive 13-08-2019

Petrochemicals Biodegradable Automotive

China – Polyethylene Terephthalate

PET and it’s chain continue to be assessed mixed.

Crude oil price increases.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

PET Bottle grade export 820/890 $/ton PET Bottle grade domestic market 6,850/6,950 yuan/ton PET Filament grade SD domestic market 6,550/6,650 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

PTA Taiwan 685/695 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,400/4,550 yuan/tonPX Korea 765/775 $/ton

Polyester POY 150D/48F  domestic market 7,550/7,650  yuan/tonPolyester DTY 150D/48F  domestic market8,950/9,050  yuan/tonPolyester Staple PSF domestic market 7,050/7,200 yuan/ton

Petrochemicals Biodegradable Automotive

Crude Oil Prices Trend

Crude Oil Prices Trend

-Indorama Ventures Announces Acquisition of Sinterama

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today announced that it has entered into an agreement to acquire Sinterama S.p.A, a leading Global polyester automotive interiors and high performance colored yarns manufacturer. The acquisition comprises five production sites in four countries in Italy, Brazil, China and Bulgaria, the last being a new market for IVL. It has a combined capacity of around 30,000 tonnes/ annum. Europe imports over 275 KT of yarns annually and Sinterama can grow and strengthen its position as local supplier.

Petrochemicals Biodegradable Automotive

-Paraxylene (PX) Market Insights 2019 | Prominent Factors by Industry Size, Share, Business Development Plans and Forecast to 2024

The report provides deep insights into Paraxylene (PX) Market related to industry size, share, types, applications, and forecast details. The report covers all the essential information of top key players and relevant regions.

Paraxylene (PX) market report analyzed the market present condition, profit, loss, capacity, productions, consumption and growth rate of the market.

In the end, the report introduced SWOT analysis, investment feasibility, and return analysis of the market. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

-New plastics mean new opportunities for Borealis in N.C.

Borealis produces automotive polypropylene, which is more feasible to use in the cooler temperatures of electrified vehicles.

An emerging auto industry interest in a new formula for plastics has resulted in a $15 million plant in Taylorsville, N.C., that will supply BMW and other automakers in the Southeast.

The investment will allow Borealis, of Vienna, one of the world’s largest producers of polyolefins, with 2018 sales of $9.3 billion, to make a play for the U.S. auto market. The plant will produce two new materials for auto parts that traditionally have been made of steel and aluminum, said Roland Janssen, general sales manager for the Americas at Borealis Compounds Inc.

Petrochemicals Biodegradable Automotive

-Speedformer KMD 78.2 Speed – Launch of a new generation -Thermoforming Simplified

What happens when designers of KIEFEL GmbH, Freilassing, unite essential customer requirements with regard to steel rule machines? The Speedformer KMD 78.2 Speed is born! Let us take your breath away at the K 2019 in Düsseldorf at the Kiefel booth in hall 3, stand E90. Experience the Speedformer KMD 78.2 Speed performing live. The new generation of Kiefel steel rule machines offers the usual quality with even greater productivity and energy efficiency. Petrochemicals Biodegradable Automotive

Erwin Wabnig, Director Packaging Division at Kiefel, explains: “The new generation of machines is fast and reliable. Operators, even without specific training, can operate them intuitively. Ergonomics and data transparency are a matter of course. And of course, in addition to common materials and products, our new system can also process novel film materials and produce even complex products whilst consuming a minimal amount of energy.”

Petrochemicals Biodegradable Automotive

-Demand for Synthetic Fibers to Rise Significantly from Key End-use Industry Sectors

The ‘Synthetic Fibers market’ analytical summative by Persistence Market Research is a thorough study on the latest market trends prevailing in the global business sphere. The report also offers important details pertaining to market share, market size, profit estimations, applications and statistics of this industry. The report further presents a detailed competitive analysis including growth strategies adopted by key players of the industry

Generally produced from petrochemicals, synthetic fibers are man-made fibers which possess superior physical and chemical properties, such as durability, elasticity, strength, etc. Synthetic fibers are also cost effective compared to their natural counterpart and are more stain and water resistant as compared with natural fibers such as cotton or silk. Synthetic fibers play a key role in day to day human life. Along with apparels, synthetic fibers are used in numerous industrial, outdoor, indoor, and commercial applications. Some of the common synthetic fibers include nylon, acrylic, polyester, carbon fiber, etc.; whereas rayon, spandex, etc. are specialty synthetic fibers. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

-Wittmann Battenfeld K 2019 preview: enjoy innovation

Wittmann Battenfeld will exhibit its products and applications under the motto “Enjoy Innovation” for the first time in Hall 15 at Booth C06.

Innovation has always been a top priority at WITTMANN BATTENFELD. The company’s product developments are designed to offer customers maximum benefit and simultaneously to protect the environment and preserve it for future generations in a sustainable way. Apart from further development and optimisation of machinery and equipment, which are setting benchmarks in the market in terms of energy efficiency, this is achieved primarily through the development and continuous improvement of the adaptive HiQ application and process technologies and use of ultra-modern software systems and technologies to enable the integration of machines, robots, auxiliary appliances and MES systems via WITTMANN 4.0, plus sensor systems for machine condition monitoring, abbreviated CMS. Petrochemicals Biodegradable Automotive

Wittmann Battenfeld K 2019 preview: enjoy innovation

-Henkel offers free software tool for evaluating packaging recyclability

Recyclable packaging is a prerequisite for a functioning circular economy and while you want to consider sustainable options for packaging, where do you start? You might consider software that Henkel (Dusseldorf, Germany) is making available for free that has been third-party evaluated for accuracy.Henkel Easyd4r sustainable recycling software tool

In order to quickly and reliably determine the recyclability of new packaging, Henkel uses its specially developed software tool EasyD4R, an assessment tool that the company has made publicly available on its website. Petrochemicals Biodegradable Automotive

Henkel offers free software tool for evaluating packaging recyclability

-Bunting to focus on metal seperation from virgin and recycled plastics at K 2019

Removing metal from virgin and recycled plastics is the focus on the Bunting Magnetic stand at K.

Bunting will have application experts from the UK, Italy, and the USA at the stand to help with product application questions.

Bunting HISC Stainless Steel Separator-1739 copy.jpg

Visitors to the stand will see both standard and manual-clean designs, all utilising the highest strength Neodymiom Iron Boron Magnets.

Also, on display in Europe for the first time, is the new Hi-Temp Drawer Filter Magnet Model FF350. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

-Researchers pushing boundaries for natural solutions to plastic waste

Plastics packaging. Who could have predicted a few decades ago this would become such a hot topic of debate?

But at a time when consumers are demanding more environmentally conscious and eco-friendly products from manufacturers—and are turning to competitors with more sustainable options if their favorite brands don’t comply—it’s a subject that must be addressed sooner rather than later. Petrochemicals Biodegradable Automotive

Researchers pushing boundaries for natural solutions to plastic waste

-Which is better for the environment: Compostable bioplastics or PET? The answer may surprise you

There are numerous options in food packaging materials, and many major food packagers and retailers often make a choice based on non-scientific information. Clearly Clean Products LLC (Orwigsburg, PA) manufactures easily recyclable PET thermoformed food trays. Too often, “greenwashing” becomes an issue for companies like Clearly Clean when they are trying to help customers choose the right packaging for a given application.

Which is better for the environment: Compostable bioplastics or PET? The answer may surprise you

Petrochemicals Biodegradable Ethanol 12-08-2019

Petrochemicals Biodegradable Ethanol 12-08-2019

Petrochemicals Biodegradable Ethanol

Polyolefins Petrochemical Polymers Ny66 Prices

Petrochemicals Biodegradable Ethanol

-Crude Oil Prices Trend

Crude Oil Prices Trend

-LFW Winter/ Festive ‘19: Abraham & Thakore will launch a collection made with Lenzing Ecovero

Abraham & Thakore are all set to launch Lenzing™ EcoveroTM at Lakmé Fashion Week (LFW) Winter/Festive 2019. The launch is part of LFW’s Sustainable Fashion Day. The designer duo will showcase a line of Kurta’s that use the  Lenzing™ EcoveroTM  fabric which is a sustainable viscose fibre.

The collection, which will be unveiled in the final show on Day 2 of the 6-day event, will be a display of kurtas taking inspiration from traditional carving and printing methods.

LFW Winter/ Festive ‘19: Abraham & Thakore will launch a collection made with Lenzing Ecovero

-Russia to Leapfrog Saudi in Wealth League as Oil Power Shifts

The shifting balance of power in the oil world is showing up in a new indicator: central bank reserves.

For the first time in eight years, the Bank of Russia’s total stockpile of cash, gold and other securities is about to surpass Saudi Arabia’s, highlighting the Kremlin’s leverage in talks between major oil producers about how much to reduce production.

While Saudi Arabia has been draining its reserves to cover social spending amid low oil prices, Russia has tightened its budget and is running a surplus amid fears of new sanctions. With Russia increasingly the deciding voice in discussions with the Organization of Petroleum Exporting Countries, the financial divergence is the latest sign of the changing fortunes between the big oil players. Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Plastic, plastic everywhere but not for African recyclers

A sea of crumpled bottles spills across the courtyard of Lucy Luo Minghui’s new $44 million plastic recycling factory in Nairobi, where plastic waste litters roadsides and clogs rivers. Yet, she can’t get enough to sustain her business.

Her Weeco facility, which opened in April, is one of a slew of regional initiatives to tackle the world’s spiralling plastic waste crisis. Almost all are caught up in a standoff between consumer companies and governments over how to collect it.

Minghui hoped to use the global glut in plastic waste to create low cost textile fibres from plastic bottles. Prices for used bottles nosedived after China barred the import of low-grade plastic waste in 2017.

But she cannot get anything close to the 2,000 tonnes of plastic she wants to recycle each month. “In a month we’ve collected just 650 tonnes,” Minghui told Reuters.

Plastic, plastic everywhere but not for African recyclers

-How Europe is working to solve the plastic waste problem – and Hong Kong can, too

Carmen Cano outlines a new EU strategy involving making recycling profitable, limiting use of non-recyclable plastics, stopping littering at sea and promoting R&D, to keep plastics out of our waters and bodies

Every year, Europeans generate 25 million tonnes of plastic waste, but less than 30 per cent is collected for recycling. Microplastics are now found in our lungs, air and dinner tables, and damage our health without us even noticing. We need to address this and that is the objective of the new European Union Plastics Strategy.

The strategy on plastics is part of the EU’s transition towards a more circular economy. It will transform the way products are designed, produced, used and recycled in the EU. Now plastics are produced, used and discarded without the economic benefits of a circular approach. This mistake harms the environment.Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Agr’s new in-the-blowmolder vision inspection system for PET bottles to be the focus for Pack Expo 2019, booth 6538

August 08, 2019 | Blow Moulding & Coating | Agr International | Butler, PA | United States

Pilot Vision+™, Agr’s latest and most powerful in-the-blowmolder vision system will be featured at the upcoming Pack Expo show in Las Vegas.  This system is uniquely positioned for the quality management of bottles with high percentages of rPET. Designed to work in conjunction with today’s high speed reheat stretch blowmolding equipment, the Pilot Vision+ system offers a modular approach to defect detection that works within the blowmolder.

Petrochemicals Biodegradable Ethanol

-View: Gloom over oil demand will only get worse

More output cuts, which seems unlikely, will do nothing to stimulate global oil demand.

As I warned last week, oil demand growth is drying up and it’s not over yet. Two of the major oil agencies have just cut their forecasts for incremental demand this year, but they haven’t gone far enough.

The revisions to full-year oil demand growth by the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA) were almost small enough to be shrugged off. The real worry is in the detail. Petrochemicals Biodegradable Ethanol 

Petrochemicals Biodegradable Ethanol

-Opec mulls further output cuts to support oil prices

Oil prices saw another weekly loss as US-China trade tensions continues to hurt markets

Further output cuts by Opec could be in the offing in the face of weekly slides in oil prices as a result of US-China trade tensions, analysts said.

Oil prices saw another overall fall in prices last week, with Brent closing at $58.53 and West Texas Intermediate on $54.50, down 5.4 per cent and 2 per cent respectively. The downward trend in prices saw reports emerging saying that Saudi Arabia was contacting other Opec producers to discuss how to stop the slide in prices, with Friday’s oil prices going up slightly on speculation of a possible new round in output cuts.

Opec mulls further output cuts to support oil prices Oil prices saw another weekly loss as US-China trade tensions continues to

-TESTEX comes up with ‘UV Standard 801’ for textiles

Testex, a member of International Testing Association for Applied UV Protection, has come up with world’s strictest testing & certification system for clothing and shading textiles known as ‘UV Standard 801’. The standard is identified with a label on the textile and is well suited for fabrics, any type of clothing, shoes, etc, that protects from UV radiation.

The textile industry, in collaboration with the fashion sector, has offered clothing with UV protection for many years. The textiles achieve UV protection factors which are much more effective than the strongest sun creams. Only clothing with the label ‘UV Standard 801’ has been tested in wet, stretched and used conditions during the testing process.

Petrochemicals Biodegradable Ethanol

-Soft Plastic Recycling Scheme ready for more regulation

The Government’s announcement to move towards co-designed and regulated product stewardship for single-use plastic packaging acknowledges the work of the existing voluntary Soft Plastics Recycling scheme.

The Packaging Forum set up soft plastics collections in 2015 and the soft plastic recycling scheme received accreditation as a voluntary product stewardship scheme under the Waste Minimisation Act in March 2018.Petrochemicals Biodegradable Ethanol 

-Soft Plastic Recycling Scheme ready for more regulation

-PepsiCo and Coca-Cola withdraw from Plastics Industry Association

Beverage giants PepsiCo and Coca-Cola have withdrawn their support for the Plastics Industry Association (PIA). The news follows intense pressure from environmental groups such as Greenpeace and a damning report by online news site, The Intercept.

According to Greenpeace’s Perry Wheeler, PIA has “advocated against plastics bans nationwide. Earlier this year, Greenpeace highlighted the role that the plastics industry and front groups like the American Legislative Exchange Council (ALEC) have played in pushing preemption bills meant to ‘ban plastics bans’ and undermine statewide progress on plastics pollution.”

PepsiCo and Coca-Cola withdraw from Plastics Industry Association Beverage giants PepsiCo and Coca-Cola have withdrawn their support for the P

-Malaysia launches new car project to jumpstart high-tech growth

KUALA LUMPUR (Reuters) – Malaysia launched a new mass market car project on Friday, as it looks to boost development and adoption of high technology in a renewed industrial push by Prime Minister Mahathir Mohamad.

Southeast Asia’s third-largest economy is spurring industry to embrace technology so as to increase productivity and counter growing external risks from an escalating trade war between the United States and China. Petrochemicals Biodegradable Ethanol 

-Ineos breaks ground on new Texas styrenics plant

The new acrylonitrile styrene acrylate plant is expected to be operational by 2021.

Germany-based styrenics supplier Ineos Styrolution has broken ground on its new 100tk ASA (acrylonitrile styrene acrylate) plant in Bayport, Texas.

In a statement, Ineos described the new site as part of a “bigger expansion plan for the Americas”, which includes increased ABS capacity at the Altamira site in Mexico, while transition the ASA production to the new site in Bayport.

-Ineos breaks ground on new Texas styrenics plant

-Polyethylene Terephthalate Market : Players to Win High Profit Margins with 100% Recyclable PET Packaging

The global polyethylene terephthalate (PET) market has been predicted by Transparency Market Research (TMR) to bear a significantly fragmented characteristic due to the presence of several industry players. According to a market research publication penned by TMR, five companies, viz. DAK Americas, Octal, Jiangsu Sanfangxiang, M&G Chemicals, and Indorama Ventures, had secured an aggregate approximate share of only 39.0% in the recent 2015. In the next few years, the market could testify an intense level of competition due the enormous count of PET resin suppliers and low switching expenses.

Polyethylene Terephthalate Market : Players to Win High Profit Margins with 100% Recyclable PET Packaging

-New Packaging Technologies That Promote Sustainability and Food Safety

From carrying food in from the field, to shipping processed products, to assembling a supermarket display, packaging matters. So, as a follow-up to our exploration of emerging trends in food packaging, we’re taking a look at several innovative technologies that could change the future of packaging. Petrochemicals Biodegradable Ethanol 

The search for sustainability

More than half of consumers say that environmental sustainability is at least somewhat important to their purchasing decisions, and 41% of those shoppers look for recyclable packaging. To benefit the environment and ultimately please consumers with sustainability practices, food brands, startups, and researchers are discovering new ways to package products with recyclable, reusable, or biodegradable materials.

-New Packaging Technologies That Promote Sustainability and Food Safety

-Only 12% of plastic waste is recycled

AAP FactCheck Investigation: Is only 12 per cent of plastic waste recycled in Australia?

Prime Minister Scott Morrison was seeking agreement from state governments on plastic recycling at the first post-election Council of Australian Governments (COAG) meeting on Friday, August 9. Mr Morrison labelled Australia’s record on recycling “appalling” and said the current situation was “breaking the faith” with Australians who were doing the right thing.

AAP FactCheck examined Mr Morrison’s claim that only 12 per cent of Australia’s waste plastic was recycled.

The national recycling industry has been under pressure since 2018, when China, the biggest importer of recyclable waste from Australia, placed stringent restrictions on waste imports, effectively closing the door to a large proportion of Australian recycling exports.

Only 12% of plastic waste is recycled AAP FactCheck Investigation: Is only 12 per cen

Petrochemicals Biodegradable Aromatics 10-08-2019

Petrochemicals Biodegradable Aromatics

-Borealis’ lower polyolefins margins in Asia to persist as overcapacities bite – CEO

Borealis’ polyolefins margins in Asia suffered in the second quarter the effects of aggressive competition from the US producers, a situation unlikely to change in the short-term, the CEO of the Austrian polyolefins and fertilizers major said on Thursday.

Uncertainty regarding several geopolitical issues – the China-US trade war or the impending, unresolved UK exit from the EU, among others – are causing a slowdown in demand globally as uncertainty becomes the norm, according to Alfred Stern.

Borealis’ fertilizers division – which accounts for around 20% of the company’s sales – continued improving profitability on the back of higher capacity utilisation and healthier markets in Europe.

Petrochemicals Biodegradable Aromatics

-Trex offers recyclability testing for plastic film

Plastic film plays a critical role in the packaging and transportation of many consumer goods, but it also presents a considerable challenge to manufacturers looking to reduce waste and their carbon footprints. How does a company ensure that its plastic used to package and transport its goods ends up being recycled, instead of in a landfill?

It starts with assessing the plastic package/film composition for recyclability, the risk of remaining product contamination in the package/film after use, and the risk of contamination for non-recyclable “look-a-like” packages/films. To help manufacturers overcome this hurdle, Trex Company, which manufactures wood-alternative decking and railing, is offering free recyclability testing to packaging engineers, manufacturers, and brand owners through its NexTrex Recycling Program. Petrochemicals Biodegradable Aromatics

Petrochemicals Biodegradable Aromatics

-Turkey PE prices slide to five-year low

Turkish polyethylene (PE) prices are at their lowest levels since ICIS began publishing prices in 2014.

Picture source: Eleanor Scriven/Robert Harding/ShutterstockPE prices mostly fell again this week following further rollovers to lower offers from suppliers.

Buying interest remains limited and suppliers have continued to discount prices in an attempt to encourage purchases.

US producers are leading the current trend, cutting high density polyethylene (HDPE) prices, in particular, this week. They had previously pushed linear low density polyethylene (LLDPE), presumably because further HDPE capacity is due this year.

Petrochemicals Biodegradable Aromatics

-RIKUTEC showcasing multilayer blow moulding machines at K

RIKUTEC Group, a leading blow moulding technology specialist, will showcase its high-precision, multilayer machines and fast-cooling moulds alongside a range of technical blow moulded products at K 2019 (Hall 14, Booth B13). Petrochemicals Biodegradable Aromatics

The Germany-based company pursues a holistic approach with regard to products and services, utilizing its vast technology expertise and decades of manufacturing knowhow.

RIKUTEC showcasing multilayer blow moulding machines at K

-New Biobased Polymers Coming to Market in 2019

Biobased polymers are gaining increased prominence in the minds of consumers, as increased awareness of climate change and plastic pollution continues to grow.

However, the range of biobased alternatives to the main plastics we encounter in our daily lives continues to limit its potential adoption. Key to accelerating the switch from petrochemical to biobased plastics is going to be a larger diversity of materials, including commodity polyolefins such as polypropylene and polyethylene. IDTechEx looks at the key manufacturers of biobased polymers and production methods and capacities.

Petrochemicals Biodegradable Aromatics

-New US-China trade clash raises risk – could US LDPE be a target?

The US-China trade war is intensifying, with the big guns coming out on both sides. US President Donald Trump’s threat on 1 August to slap 10% tariffs on an additional $300bn in imports from China starting on 1 September drew a strong response from China – the start of a currency war in the form of devaluation, along with the halt in agricultural purchases from the US and potential additional tariffs.Petrochemicals Biodegradable Aromatics

Chemical stock prices took a beating on 5 August following China’s retaliatory response after falling hard late last week on the US tariff announcement. Notable decliners included Chemours (-6.2%), Trinseo (-5.1%), DuPont (-4.3%), Celanese (-3.7%) and Eastman (-3.5%). Dow fared better, falling just 1.8% while LyondellBasell was actually higher by 0.2%, although both were down significantly the prior week.

Petrochemicals Biodegradable Aromatics

-Uniloy returns blow moulding machine manufacturing to Magenta ahead of K Show debut

Uniloy has announced that blow moulding machine manufacturing has returned to its European Technical Center in Magenta, Italy.

Uniloy will also be showcasing its industry-leading blow moulding technologies at K 2019, in Hall 13, booth B16.

Uniloy CEO and President Brian Marston said: “What better way to present the new Uniloy company to the world than at the largest global plastics trade show? We’re excited to connect with customers and prospects, and K Show is the perfect venue for this, especially with our announcement that Uniloy has returned machine manufacturing to our European Technical Center in Magenta.”

Uniloy returns blow moulding machine manufacturing to Magenta ahead of K Show debut

-Asia naphtha extends losses on weaker crude oil; demand flat

Asia naphtha prices spiralled lower in response to steep losses in global crude oil futures, while downbeat demand weighed on the market.

Open-specification naphtha prices for second-half September delivery stood at $454.50/tonne CFR (cost and freight) Japan at early hours session on Thursday, tumbling by $8.50/tonne from the previous day’s Asia close.

Prices are down by a hefty 12% from month-earlier levels, according to ICIS data.

Spot CFR Japan naphtha prices have been on downward trend since the start of the week, tracking weakness in global crude futures, which the petrochemical feedstock is closely-related to.Petrochemicals Biodegradable Aromatics

Asia naphtha extends losses on weaker crude oil; demand flat

-Bekum to present an innovative and future-oriented machine design at K 2019

Bekum says it is exhibiting the future of blow moulding with the “Concept 808” machine study at K 2019.

One feature is the optional magnetic quick mould change system.  With this, mould change-over is accomplished in 15 minutes per clamping unit – without tools or a special mould cart.

The new generation of high-output extruders of the future packaging machine line distinguish themselves through processability, high maximum throughput, and excellent melt homogeneity.

Bekum to present an innovative and future-oriented machine design at K 2019

-SOCAR to lay foundation of petrochemical complex in Turkey

SOCAR Turkey Energy, which is a subsidiary of the State Oil Company of Azerbaijan (SOCAR), plans to lay the foundation of the Mercury petrochemical complex in Turkey in the first half of 2020, said Zaur Gahramanov, CEO at SOCAR Turkey.

He added that these investments, like all other projects, are of great importance for SOCAR.

As Gahramanov stressed, with the commissioning of this enterprise, Turkey will settle the matter with  the import of purified terephthalic acid.Petrochemicals Biodegradable Aromatics

SOCAR to lay foundation of petrochemical complex in Turkey

Petrochemicals Biodegradable Bioeconomy 09-08-2019

Petrochemicals Biodegradable Bioeconomy 09-08-2019

Petrochemicals Biodegradable Bioeconomy

China – Polyethylene Terephthalate

PET and it’s chain continue to be assessed mixed.

Crude oil price increases.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

PET Bottle grade export 810/880 $/ton PET Bottle grade domestic market 6,900/7,000 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 685/695 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,400/4,550 yuan/tonPX Korea 765/775 $/ton

Polyester POY 150D/48F  domestic market 7,550/7,650  yuan/tonPolyester DTY 150D/48F  domestic market8,950/9,050  yuan/tonPolyester Staple PSF domestic market 7,050/7,200 yuan/ton

Petrochemicals Biodegradable Bioeconomy

-Moodys considers US sanctions a “constant threat” to Russia

New US sanctions will not affect Russia’s public finances in the near future, but in the long run they will put pressure on Russian investment and access to technology, RBC reports citing data from Moody’s rating agency.

Although the new sanctions will not affect the credit worthiness of the Russian government in the short term, their long-term consequences will be more serious, writes the rating agency Moody’s Investors Service in a report to investors. “The ambitions of Russian President Vladimir Putin to increase growth and quality of life will be more difficult to realize with new US sanctions,” says Moody’s.

Moodys considers US sanctions a “constant threat” to Russia

-Crude Oil Prices Trend

Crude Oil Prices Trend

-Regional solid PS, PP, PET bottle resin prices up in July

North American prices for solid polystyrene, polypropylene and PET bottle resins each increased during July, mainly as a result of higher feedstock prices.

In the other direction, regional polyethylene resin buyers who didn’t see a price drop in June saw one in July instead.

Solid PS prices saw the largest increase, moving up by an average of 2 cents per pound. That move was tied to a 14 percent price hike for benzene, which is used to make styrene monomer. Benzene prices for July were up 33 cents to $2.67 per gallon.

Regional PS prices had been flat in May and June after moving up 4 cents in April. Domestic PS demand showed growth of around 1 percent in the first half of 2019, market watchers told Plastics News, with gains in consumer products and electrical/electronic applications.

Petrochemicals Biodegradable Bioeconomy

-Sustainability in focus | Emerging brands

What are sustainable initiatives currently practiced throughout your supply-chain?

We start by sourcing fabrics from suppliers that are using organic materials and non-toxic dyes to ensure no harmful chemicals are being used. The main fabrics we choose for the collection are naturally renewable fibers like wool, cotton, cupro, and other plant-based fibers that are processed in a closed-loop environment, and powered by renewable energy. When selecting synthetic fibers like polyester, we work with mills that are using 100% recycled materials and/or PET bottles to keep petroleum-based plastics out of landfills and oceans. Recycled polyester uses up to 75% less Carbon emissions than new polyester fiber. Petrochemicals Biodegradable Bioeconomy

Petrochemicals Biodegradable Bioeconomy

-Auto supplier Inteva Products sees ‘bright new future’ ahead

Lon Offenbacher, president and CEO of Inteva Products LLC, is looking on the bright side as a Tier 1 supplier to a fluctuating, and increasingly high-tech heavy, automotive industry.

The top executive said successful navigation of the constant change comes down to knowing what people are buying, where they are buying it and what they need that they don’t have yet.

“Innovation becomes a really big deal,” Offenbacher said in an Aug. 6 interview at the Center for Automotive Research’s Management Briefing Seminars.

Petrochemicals Biodegradable Bioeconomy

-Textiles evolving to meet demand for sustainable materials

This 2019 photo shows an Installation view of “Nature—Cooper Hewitt Design Triennial” in New York. The exhibit of cutting edge innovations at the Cooper Hewitt, Smithsonian Design Museum, on view through January 20, 2020, includes this dress made by a Japanese design team, featuring transgenic glowing silk made from silkworms injected with a green fluorescent protein derived from jellyfish. (Matt Flynn/Cooper Hewitt, Smithsonian Design Museum via AP)

Whether it’s how they’re made or what they’re made of, textiles are evolving to meet consumer demand for sustainability.

“There’s a real push for sustainability now, and the home textiles industry is waking up to that consumer call,” says Shannon Maher, chair of Home Products Development at the Fashion Institute of Technology, in New York. Petrochemicals Biodegradable Bioeconomy

Petrochemicals Biodegradable Bioeconomy

-Korean scientists develop skin tactile sensors

Researchers at Sungkyunkwan University (SKKU) in Korea have developed artificial skin tactile sensors that can feel the similar pressure and vibration felt by human skin.

The team, led by Senior Researcher Changsoon Choi at DGIST Department of Smart Textile Convergence Research and Dr. Sungwoo Chun at Sungkyunkwan University (SKKU), developed a new-concept artificial skin-based sensor that detects both pressure and vibration at the same time and effectively measures texture.

Korean scientists develop skin tactile sensors

-Why microfibers are the new microbeads

Why microfibers are the new microbeads. Microfibers are a disproportionately large problem for such tiny strands of fabric.

Microfiber towels may feel like they are made from cloth but are made from plastic.

Natural gas is used to create plastics that are spun into fibers. These fibers are weaved into a cloth that is great for doing things like picking up dust or dirt. Sometimes, these are made from recycled plastics, but other times are made from totally virgin materials.

Why might microfibers be an issue for the environment

Every time we wash a piece of clothing made from synthetic fibers, such as polyester, nylon or acrylic, a wave of microplastic – so small you can barely see them – is unleashed into the water supply. Petrochemicals Biodegradable Bioeconomy

-What a 55% 2030 emission reduction target means for the EU ETS

The honest answer is, we don’t know, as it strongly depends on the share between the ETS and the non-ETS reduction targets. However, assuming that the share between ETS and non-ETS targets remains unchanged from the current 2030 set-up, the EU ETS reduction target would have to increase from currently 43% compared to 2005 levels to between 52% and 57% in order to match the latest announcements by Commission President-elect Ursula von der Leyen.

An important question remains on the likelihood and the timing of the target change decision as this will have significant implications for the cap trajectory and could lead to a sharp decline of allowances available in the second half of TP4.

Petrochemicals Biodegradable Bioeconomy

-RECYCLED OR NOT?

Are Israel’s plastic bottles being recycled?

The Jerusalem Municipality is now working with the company GreenNet, the largest waste-sorting plant in the Middle East and one of the largest in the world.

Every day, 2,000 tons of waste are automatically sorted at GreenNet’s Atarot factory, where cutting-edge technology separates paper, metals, nonmetals, organic waste and five kinds of plastics without direct contact from sanitation workers.

Petrochemicals Biodegradable Bioeconomy

-Tough times for PET recyclers in Germany

Post-consumer bottle prices need to be cut more substantially, most recyclers complain

PET recyclers in Germany are under serious pressure at the moment. Further declines in primary PET prices and price indices for flakes are making business difficult. In July, primary PET prices fell to around €900 per tonne and thus lower than the price of flakes. Since the purchase prices for post-consumer bottles did not drop as sharply as the sales prices of flakes, recyclers took a loss in some cases. Petrochemicals Biodegradable Bioeconomy

Petrochemicals Biodegradable Bioeconomy

-Gevo’s renewable isobutanol pilot lowers greenhouse gas emissions in Seattle

Low carbon fuel company Gevo has successfully completed the first phase of a trial pilot of fleet vehicles using its low carbon, renewable drop-in isobutanol blended gasoline.

The trial, which took place in the City of Seattle in in the US, saw a reduction in greenhouse gas (GHG) emissions from its fleet of vehicles equal to 18 metric tons. The use of the low carbon fuel had no adverse effects on the vehicles. Petrochemicals Biodegradable Bioeconomy

Gevo’s renewable isobutanol pilot lowers greenhouse gas emissions in Seattle

-New sortable black plastics additive launched by Gabriel-Chemie

A new ink that allows black plastics to be sorted by near-infrared (NIR) detectors has been launched by Austrian masterbatch company Gabriel-Chemie.

Masterbatch is the additive added to plastics to give it colour or to change its properties.

The masterbatch launched by Gabriel-Chemie allows for other colours to be sorted more effectively, not just black plastics.

This NIR reflective masterbatch is made using special pigment formulations which enable the corresponding sorting and recycling.

New sortable black plastics additive launched by Gabriel-Chemie A new ink that allows black plastics to be sorted by near-infrared (NIR) detector

Related Topics

Petrochemicals Biodegradable Crude Oil 08-08-2019

Petrochemicals Biodegradable Crude Oil 08-08-2019

Petrochemicals Biodegradable Crude Oil

China – Polyethylene Terephthalate

PET and it’s chain continue to be assessed mixed.

Crude oil price is weak.

Polyamide 6 and its chain areweak.

Acrylonitrile is steady.

PET Bottle grade export 815/890 $/ton PET Bottle grade domestic market 6,900/7,00y uan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 685/695 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,350/4,450 yuan/tonPX Korea 765/775 $/ton

Polyester POY 150D/48F  domestic market 7,600/7,700  yuan/tonPolyester DTY 150D/48F  domestic market8,950/9,050  yuan/tonPolyester Staple PSF domestic market 7,050/7,200 yuan/ton

Petrochemicals Biodegradable Crude Oil

-Chinese TiO2 manufacturers announce price increases in August

Chinese manufacturers of titanium dioxide (TiO2) have announced price increases for both domestic and export markets, which will be produced in August, ICIS reports citing market sources.

Due to the upward sentiment in the international market, the difference between export prices from China and the contract prices of other international manufacturers has become more noticeable.

Petrochemicals Biodegradable Crude Oil

Crude Oil Prices Trend

Crude Oil Prices Trend

-Europe nylon 6,6 July contracts fall on low automotive sector demand for third consecutive month

European nylon 6,6 contract prices for July have settled at decreases of €0.05/kg on the back of persistent low demand in the downstream automotive sector.

Contract prices have fallen for the third consecutive month.

Summer market activity remains quiet and some buyers skipped negotiations for July volumes due to high stock levels.

The price range for nylon 6,6 virgin polymer stands at €4.13-4.27/kg FD (free delivered) NWE (northwest Europe) for July.

Supply is stable to ample, depending on the player, but concerns remain for the fourth quarter due to the Butachimie planned turnaround for key nylon 6,6 feedstock adiponitrile (ADN) in Chalampe, France. Petrochemicals Biodegradable Crude Oil 

Petrochemicals Biodegradable Crude Oil

-Vietnam investigates anti-dumping on imported plastic products

The Ministry of Industry and Trade (MoIT) has issued Decision No.2334/QD-BCT on launching anti-dumping investigation on Biaxial Oriented Polypropylene (BOPP) film originating from China, Thailand and Malaysia.

The investigation was initiated based on requests of domestic producers on April 26. In their petitions, Hung Nghiep Formosa Ltd Company and Youl Chon Vina Plastic JSC said BOPP film products imported from the three countries were dumped in the Vietnamese market, causing significant damage to Vietnam’s BOPP film production industry.

Petrochemicals Biodegradable Crude Oil

-Montefibre Carbon Unveils Its First Carbon Fiber PAN Precursor

Montefibre Carbon’s 80k aims to be the new standard for large-tow carbon fiber for industrial purposes, and the company expects its impact on the industry to be similar to the 50k tow first launched more than 20 years ago.

Montefibre’s carbon fiber precursor is produced from an exclusive polyacrylonitrile formulation (PAN), which enables a carbon fiber of high resistance, high elastic modulus, and low density, and which translates to very rigid and lightweight high performance composites. Petrochemicals Biodegradable Crude Oil

Montefibre Carbon Unveils Its First Carbon Fiber PAN Precursor

-HDPE prices journey southward in Asia

HDPE prices, down adjusted this week, in Asia. Prices declined, on the back of bearish upstream crude and naphtha values, coupled with poor regional buying trends. Reports of sufficient product availability, further pressured prices lower in the region.

In Far East Asia, HDPE film prices were assessed lower, at the USD 960/mt levels, a fall of USD 20/mt from the last week. HDPE blow moulding prices, were assessed down at the USD 940/mt levels, a week on week decline of USD 10/mt. HDPE injection prices, were assessed at the USD 875/mt levels, a tumble of USD 40/mt on the week. HDPE yarn prices, were assessed lower, at the USD 945/mt levels, a sharp week on week fall of USD 25/mt.

HDPE prices journey southward in Asia

-Glass and metal no solution to bottled water’s single use footprint, study argues

It is the latest environmental craze. Around the world a raft of new canned water products have been launched in an attempt to offer a greener alternative to the environmentally vilified plastic water bottle. Petrochemicals Biodegradable Crude Oil 

They have also found a ready audience. As awareness has spread of the devastating ecological impact of single-use plastics, environmentally conscious consumers and Blue Planet fans have increasingly turned to alternative materials such as aluminium, glass, and cartons when buying bottled water. But are alternative forms of packaging really any greener than the plastic bottles they aspire to replace?

Petrochemicals Biodegradable Crude Oil

-PolyOne introduces chemical foaming additives for injection molding

PolyOne (Avon Lake, OH) has launched ColorMatrix Excelite IM chemical foaming additives (CFAs) formulated specifically for injection molding applications.

Described as a complement to its liquid Excelite CFA portfolio for extrusion, the new Excelite IM CFAs are engineered for a range of injection molded polymers, including olefins, PVC, polystyrene, PC/ABS and high-heat materials. Petrochemicals Biodegradable Crude Oil

Petrochemicals Biodegradable Crude Oil

-Russian textiles industry to receive growth boost

Russia’s Deputy Prime Minister Dmitry Kozak is responsible for the development of technical textile sector in the Russian government.

The Russian technical textiles industry may receive an additional impetus for growth this year, thanks to the recently announced government plans to ease the existing restrictions on global producers taking part in public tenders for the purchase of innovative textile products for state needs.

These plans have been recently confirmed by Russia’s Deputy Prime Minister Dmitry Kozak, responsible for the development of the technical textiles sector.

According to Mr Kozak, he has already instructed the national government to create conditions for the better access of foreign producers of innovative textile products on public procurements in Russia. Petrochemicals Biodegradable Crude Oil

Russian textiles industry to receive growth boost

-Coexpan opens extrusion plant in Russia

Spanish thermoformed packaging converter Coexpan has inaugurated a new plant in Kotovo, Moscow, as the company ramps up its barrier material extrusion technology in Russia. Petrochemicals Biodegradable Crude Oil

Coexpan Extekh’s plant was previously located in Kola and has a portfolio of coextruded rigid sheets including PP, barrier PP, PS, barrier PS, and PLA-based products for use in form, fill and seal (FFS) machines.

The company plans to add thermoforming technology to the 10,000 sq m site in the coming months to further diversify its range. Petrochemicals Biodegradable Crude Oil

Coexpan opens extrusion plant in Russia

-Klӧckner Pentaplast researches new recycling strategies

Packaging specialist Klöckner Pentaplast has announced it is taking part in a unique four-year collaboration project to recover plastics from general domestic waste collections.

The first of its kind, this unique project is being trialled in Pravia, Spain, and is designed to recover plastics from domestic general waste collections – upon its success it could be rolled out nationwide.

CEUS – ‘Circular Economy for Urban Plastic Waste’ – has been established with a number of stakeholders working to avoid plastics from domestic collections ending up in landfill that could otherwise be recycled.

Petrochemicals Biodegradable Crude Oil

-Eastman advances two chemical recycling options

Going circular seems to be all the rage, and that is certainly a good thing for both mankind’s and the planet’s future. But for a manufacturer, making the shift to circular processes or materials is not without its risks.

Perhaps few companies know that better than Eastman, the specialty chemical company, ranked No. 32 globally for sales in that sector. Back in the 1990s, Eastman made a major investment to develop a commercial line of PET materials that used 50 percent chemically recycled content. That effort was ahead of its time, and the line was discontinued because the demand never materialized.

Now, sensing the shifting winds, Eastman is back with not one, but two new circular production processes.

Petrochemicals Biodegradable Crude Oil

-How advancing technology can aid in making molding process super easy and efficient?

We all are witnessing round the clock changes in all the aspects of our life. The industrial world is also well come the new technologies.

In the last decade, numerous advanced technologies are invented which are actually helping several industries and making their business fast and profitable. Plastic molding process is one of such technology and in this particular blog we are going to discuss interesting facts about the plastic molding technologies which have numerous applications in the modern industrial world.

Petrochemicals Biodegradable Crude Oil

-Discarded fishing nets recycled for eco surfboards

When the sun rises over the horizon in the southern Indian village of Kuthenkuly, Jesuraja and his fellow fishermen prepare to set off for a new day at sea.

But they are not looking for fish – they are searching for abandoned fishing nets floating in the Indian Ocean.

Also known as “ghost nets”, this often nylon plastic netting has caused serious environmental damage. It entangles marine life and degrades into microplastics that are eaten by fish, entering the food chain. It also snags boat propellers and damages engines.

Petrochemicals Biodegradable Crude Oil

-Klöckner Pentaplast researches new recycling strategies in Spain with Project CEUS

Klöckner Pentaplast (kp) has announced it is taking part in a four-year collaboration project to recover plastics from general domestic waste collections.

The first of its kind, this unique project is being trialled in Pravia, Spain and is designed to recover plastics from domestic general waste collections – upon its success it could be rolled out nationwide.

Klöckner Pentaplast researches new recycling strategies in Spain with Project CEUS

-Lenzing continues positive business development

The Lenzing Group continued its solid business development in the first half of 2019. Despite a significantly more challenging market environment with historically low prices for standard viscose, Lenzing recorded a slight increase in revenue.

It increased by 1.2% in the first half of 2019 and amounted to EUR 1.09 billion. The share of specialty fibres in revenue, at 48.4%, significantly exceeded the prior-year value of 44.1%. EBITDA (earnings before interest, tax, depreciation and amortization) dropped by 7% to EUR 181.2 million. This decline primarily resulted from higher production volumes and currency effects, which led to an increase in pulp costs, from an increase in personnel expenses and the market environment for standard viscose. Petrochemicals Biodegradable Crude Oil 

Lenzing continues positive business development

-Clariant Examines the Role of Color in a ‘Circular Economy’

Top Clariant pigment expert sums up color compatibility with the plastics circular economy with a focus on packaging.

As is the case with other materials and additives suppliers on which I report on in a K 2019 preview article in our upcoming September issue, Clariant is sharing its views on some of the issues facing the plastics industry as it embraces the ‘Circular Economy.’

Clariant Examines the Role of Color in a 'Circular Economy'

-Sri Lanka to ban colored water bottles, plastic wrappers

Sri Lanka will soon ban colored plastic water bottles and plastic wrappers on drinking water bottles in order to protect the environment

Sri Lanka will soon ban colored plastic water bottles and plastic wrappers on drinking water bottles in order to protect the environment, State Minister of Mahaweli Development and Environment, Ajith Mannapperuma said in a statement here Tuesday.

Petrochemicals Biodegradable Crude Oil

-Unifi supports sustainability at 2019 Wyndham Championship

Unifi, Inc., one of the world’s leading innovators in recycled and synthetic yarns, continues its support as an official recycling partner of the 80th annual Wyndham Championship.

The Wyndham Championship and Unifi are promoting the important role recycling and sustainability play in protecting the environment.Petrochemicals Biodegradable Crude Oil 

Plastic bottles from last year’s championship were transported to Unifi’s bottle processing center in Reidsville, and transformed into REPREVE recycled fibers at its Yadkinville plant.

Unifi supports sustainability at 2019 Wyndham Championship

-Softer-than-cotton antibacterial shirt is made out of milk

Every day, dairies dispose of milk that for one reason or another is deemed unfit for human consumption. A Los Angeles-based startup by the name of Mi Terro is taking some of that milk and using it to create T-shirts, that reportedly have some big advantages over regular cotton Tees.

The process starts by obtaining waste milk that gets fermented and then skimmed, removing its fat content. It is subsequently dewatered, resulting in a powdered milk that gets purified to remove all substances other than a naturally-occurring protein known as casein.Petrochemicals Biodegradable Crude Oil 

Petrochemicals Biodegradable Crude Oil

-Magna tackles tariffs as it transforms

As Magna International prepares its business for tomorrow, it’s been forced to reckon with challenges that threaten the bottom line today.

This year, it scrambled to move wire harness production from China to Thailand after the Trump administration slapped 25 percent tariffs on Chinese goods.

And company officials say they’ve been forced to consider moving production of other components.Petrochemicals Biodegradable Crude Oil 

Magna tackles tariffs as it transforms

Reloated Topics

Petrochemicals Biodegradable Recycling 07-08-2019

Petrochemicals Biodegradable Recycling 07-08-2019

Petrochemicals Biodegradable Recycling

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 825/900 $/ton PET Bottle grade domestic market 6,8750/6,850yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,800 yuan/ton

PTA Taiwan 685/695 $/ton PTA domestic market 5,050/5,150 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 770/780 $/ton

Polyester POY 150D/48F  domestic market 7,600/7,700  yuan/tonPolyester DTY 150D/48F  domestic market 9,000/9,100  yuan/tonPolyester Staple PSF domestic market 7,100/7,250 yuan/ton

Petrochemicals Biodegradable Recycling

-PET prices in China are at the level of USD910-920 per ton 

The price offers of polyethylene terephthalate (PET) in China on Monday, August 5, were at the level of USD910-920 per tonne, FOB, ICIS reports citing market participants.

According to the source, some transactions were concluded at the level of USD890 per tonne, FOB China.

Petrochemicals Biodegradable Recycling

Crude Oil Prices Trend

Petrochemicals Biodegradable Recycling

-PET prices in South Korea decreased

Prices for polyethylene terephthalate (PET) in South Korea fell last week amid falling prices for raw materials – refined terephthalic acid (TPA), ICIS reports.

Most of the offers from manufacturers were at a price of USD930-960 per tonne, FOB Korea, while there was a counter offer of buyers at the level of USD920 per tonne, FOB Korea. Polyet Petrochemicals Biodegradable Recycling 

Petrochemicals Biodegradable Recycling

-Denim wrapped car at Gartex Texprocess India 2019

Gartex has been a pioneer show bringing the entire product profile of the garment and textile industry together. © Gartex Texprocess India

Gartex has been a pioneer show bringing the entire product profile of the garment and textile industry together. © Gartex Texprocess India

The first unified edition of Gartex Texprocess India is set to bring leading textile and garment machinery companies under one roof. With focused segments incorporated within the show, the three-day trade fair will draw attention to growing trends and application areas within the industry including the country’s first denim wrapped car highlighting denim fabric manufacturing as a sunrise industry in the textile value chain of India.

Petrochemicals Biodegradable Recycling

-Sidel launches X-Lite Still, pkg solution for non-pressurised still water

X-Lite Still is Sidel’s latest innovative 500ml PET packaging solution for non-pressurised still water. Thanks to its extremely light industrial bottle design, it is the most cost-effective and sustainable packaging available on the market. This pioneering solution addresses the still water market for small PET bottles, in particular, producers looking to optimise their packaging and their production costs.

With 6.5g of weight and a height of 195mm, Sidel X-Lite Still is the lightest 500ml PET bottle in the world for non-pressurised still water, offering the greatest level of performance – even at very high production speeds with a very light water neck finish. This bottle is perfectly complemented by a Novembal Novaqua RightCAP26 closure.

Petrochemicals Biodegradable Recycling

-EU industry to miss PET recycling target

Europe’s recycling industry will miss a 2025 target for recycling PET bottles.

That warning has come from petroleum industry information firm ICIS, whose 2018 market survey concluded that the PET bottle collection rate in western Europe has risen from 58% in 2016 to 63% in 2018 but was projected to reach only 65% in 2019.

Countries with bottle deposit return schemes were the best performers.

Under the European Union single-use plastics directive, the industry is required to reach recovery rates of 77% by 2025 and 90% by 2029, but ICIS said the rate of increase in collections was slowing and the volume of collected material would need to increase by 7% a year to meet the 2029 target. Petrochemicals Biodegradable Recycling 

Petrochemicals Biodegradable Recycling

-Novo’s ExtravaLanza — $72M investment in LanzaTech as the world’s top purveyors of the very finest in second chance carbon continue to expand

From Chicago and also Copenhagen arrives the pleasant news that Novo Holdings is making a $72 million investment in LanzaTech’s Series E financing, and Senior Director Anders Bendsen Spohr will join the LanzaTech board. Novo — the parent of both Novo Norsk and Novozymes — is best known for making investments in the therapeutics and pharma side of the bioeconomy.

In this case, the therapy target is the world itself, sick with what you might call a bad case of carbonosis, an excess of atmospheric carbon. The cure? Recycle and re-use available carbon. Think of it, just using every carbon molecule twice is like reducing carbon usage by half. Use carbon a third time, that’s like reducing usage by two-thirds.

Novo’s ExtravaLanza — $72M investment in LanzaTech as the world’s top purveyors of the very finest in second chance carbon continue to expand

-California’s rePlanet closes CRV redemption network

The company closes its remaining 284 recycling centers and processing facilities and lays off employees as it files for liquidation.

Ontario, California-based rePlanet LLC, which operated a network of beverage container redemption centers throughout California, ceased operations and closed all of its 284 recycling centers and processing facilities Aug. 5, according to a news release issued that same day by the company. RePlanet also says it terminated its entire workforce, numbering 750 people, throughout the state of California.

“With the continued reduction in state fees, the depressed pricing of recycled aluminum and PET (polyethylene terephthalate) plastic and the rise in operating costs resulting from minimum wage increases and required health and workers compensation insurance, the company has concluded that operation of these recycling centers and supporting operations is no longer sustainable,” the company states in the news release.

Petrochemicals Biodegradable Recycling

Weekly resin report: PE pricing power currently in hands of buyers

Offers flowed briskly, prices were mixed and completed volumes were average in the spot resin markets last week, according to the PlasticsExchange (Chicago).

The industry seemed to shrug off potential supply disruptions from the fire at ExxonMobil’s huge Baytown petrochemical complex. Dozens of workers were hurt, but thankfully none of the injuries were life-threatening.Petrochemicals Biodegradable Recycling 

Weekly resin report: PE pricing power currently in hands of buyers

-Crude oil: Further OPEC+ cuts needed?

There is a clear battle going on in the oil market- uncertainty over demand growth versus a constructive supply picture in the near term. But which will prevail? For the remainder of this year, the market should tighten, but moving into 2020 we see a looser balance once again

Constructive in the short term

OPEC+ cuts should do a good job in drawing down global inventories for the remainder of this year. Overall, members have over-complied with the deal, and this is largely due to Saudi Arabia producing more than 500Mbbls/d below their quota level.

Petrochemicals Biodegradable Recycling

-Biffa wins largest ever MRF contract

UK waste management firm Biffa has been awarded its largest ever Materials Recycling Facility (MRF) contract, worth up to £90 million ($109m), by the North London Waste Authority (NLWA).  Petrochemicals Biodegradable Recycling 

Biffa has agreed with the NLWA that it will process Dry Mixed Recycling (DMR) from eight out of ten lots in the North London area, which is a total of up to 120,000 tonnes per year. The recycling will be sorted at Biffa’s MRF in Edmonton, North London.

Petrochemicals Biodegradable Recycling

-Heat Resistant Polymers Market Set for Rapid Growth by 2024

The Global Heat Resistant Polymers Market research report offers an in-depth evaluation of all happenings in the Heat Resistant Polymers Market sector.

This report is crafted to assist every participant, be it an amateur or a well-established player.

The Global Heat Resistant Polymers Market assists them to understand the market and make strategic actions to propel their businesses.

Heat Resistant Polymers Market Set for Rapid Growth by 2024

-Braskem to provide Kautex Maschinenbau its bioplastic and PCR to produce HDPE bottles

Braskem, America’s largest producer of thermoplastic resins in and the leading producer of biopolymers in the world has announced that it will provide Kautex Maschinenbau, headquartered at Bonn in Germany, one of the world’s leading companies in extrusion blow moulding technology with its innovative bioplastic I’m green™ Polyethylene and PCR for the production of three-layer HDPE bottles with foamed middle layer at K-2019 scheduled for later this year.

Instead of handing them out to the visitors and finally producing waste, the bottles will be handed over to Erema Group for recycling.Petrochemicals Biodegradable Recycling 

Braskem to provide Kautex Maschinenbau its bioplastic and PCR to produce HDPE bottles

-How Trump’s trade war could could crush oil prices

The deepening trade war between the United States and China could deal a double shock to the fragile oil market.

The tit-for-tat tariffs have already sent crude prices plunging because of fears of a severe global economic slowdown or even recession in the United States that could dent already anemic demand for oil. Petrochemicals Biodegradable Recycling 

But there could also be a supply shock coming. Bank of America Merrill Lynch warned that China could retaliate against US tariffs by purchasing vast amounts of oil from Iran in defiance of Washington’s sanctions on the OPEC nation.

How Trump's trade war could could crush oil prices

Petrochemicals Biodegradable Biopackaging 06-08-2019

Petrochemicals Biodegradable Biopackaging

China – Polyethylene Terephthalate

PET and it’s chain continue to be weak.

Crude oil price is weak.

Polyamide 6 and its chain are weak.

Acrylonitrile is in health.

PET Bottle grade export 830/905 $/ton PET Bottle grade domestic market 6,800/6,900 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 695/705 $/ton PTA domestic market 5,050/5,150 yuan/tonMEG  505/515 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Petrochemicals Biodegradable Biopackaging

-Aquafil and Burberry together for the environment (Italian Language Only)

Aquafil has decided to work with Burberry to create a more circular fashion system, focusing on innovative fibers, such as ECONYL® regenerated nylon.

Burberry has launched a new capsule collection made with ECONYL®, a sustainable nylon thread made with regenerated fishing nets, synthetic fabric waste and industrial plastic.

The capsule collection based on ECONYL®, which includes a reinvention of Burberry’s classic lightweight car coat, is just one example of the 50 disruptive innovations that Burberry is making along its supply chain to create a more circular fashion industry.

Aquafil and Burberry together for the environment

Crude Oil Prices Trend

Aquafil and Burberry together for the environment

-Gevo Receives ISCC Plus Certification

Gevo, Inc.announced today it has achieved its International Sustainability and Carbon Certification (ISCC) under the ISCC PLUS scheme for Food, Feed, Industrial Applications, Energy, Biofuels outside Europe.

In obtaining ISCC certification, Gevo continues to prove its dedication to meeting the highest industry standards by demonstrating the sustainable cultivation of field corn, which Gevo then converts into renewable, sustainable isobutanol, also known as biobutanol. ISCC PLUS certification enables Gevo to validate the responsible nature of their liquid transportation fuels and to highlight the traceability of its biofuel, qualifying that such fuels produced in a sustainable manner. By completing ISCC certification, Gevo has verified that the feedstock, in this case field corn, is being grown in a manner that is socially, environmentally, and ethically responsible.

Petrochemicals Biodegradable Biopackaging

-SIRC plans to build recycling, sorting facilities in Riyadh

The company will kick off its plan in the fourth quarter of 2019 in the capital by building a recycling plant

RIYADH — Saudi Investment Recycling Company (SIRC), a wholly-owned subsidiary of the Public Investment Fund (PIF), is planning to build recycling and sorting facilities in Riyadh, as part of the government’s initiative to implement a circular economy model in the Kingdom.

In an interview with Saudi Gazette, Jeroen Vincent, CEO of SIRC, said the company will kick off its plan in the fourth quarter of 2019 in the capital by building a recycling plant.

He recalled that the facility will convert construction and demolition waste into construction aggregates for road backfill and concrete applications for a residential project housing 35,000 units. Petrochemicals Biodegradable Biopackaging

Petrochemicals Biodegradable Biopackaging

-Coca-Cola, PepsiCo finally cut ties with prominent plastic lobbying group

Last year, Greenpeace revealed major corporations like Coca-Cola and PepsiCo were among the worst producers of plastic trash in the world. After growing pressure from the public and environmental groups, the soft drink giants have finally broken ties with the Plastic Industry Association.

Victory for Sustainability

Both companies’ exit from the organization acts as a landmark decision in their commitments to more eco-friendly practices. The organization, which represents plastic manufacturers, has encouraged states to prohibit plastic bans throughout the nation.

Petrochemicals Biodegradable Biopackaging

-Eurozone growth slips in July as manufacturing decline accelerates

Eurozone private sector growth slowed closer to a standstill in July on the back of continuing deterioration in manufacturing sector output, according to data from IHS Markit on Monday.

The eurozone composite purchasing managers’ index (PMI) slipped to 51.5 in July compared to 52.2 in June, as solid if slightly slower service sector growth struggles against the sharpest month on month drop in manufacturing sector activity since April 2013.

A PMI score of 50.1 or higher indicates expansion.

The sixth consecutive month of manufacturing sector weakness saw Germany’s composite PMI slip to 50.9 from flash estimates of 51.4 as bearish industrial output almost completely offset service sector growth. Petrochemicals Biodegradable Biopackaging

Petrochemicals Biodegradable Biopackaging

-Trade tensions, lengthening supply maintain downward pressure on US PE exports

US polyethylene (PE) exportmarkets continue to face downward pressure assupply lengthens while trade tensions betweenthe US and China deepen.

China is by far theworld’s largest importer of PE, and US PEproducers are in the midst of a massiveinvestment wave, driven by abundantlow-cost natural gas liquids (NGLs) feedstocks.

The US PE market is mature, and traditionalexport markets such as Latin America are notgrowing fast enough to absorb the large newcapacities being built in the US Gulf, so mostproducers had intended to ship much of the newmaterial to China.

Trade tensions, lengthening supply maintain downward pressure on US PE exports

-Asia petchem stocks to remain under pressure from US-China trade spat

The downward pressure onAsian petrochemical shares is set to continueas regional equity markets extended losses onMonday following the escalation in tradetensions between the US and China late lastweek.

China’s yuan has also fallen past 7 to  adollar to a record low in offshore trading.

“Markets continue to display risk-offbehaviours, following the US decision to imposefurther tariffs on China last Thursday (1August),” Singapore-based OCBC TreasuryResearch said in a note on Monday.  Petrochemicals Biodegradable Biopackaging

For the week ending 5 August, the S&P 500and Nasdaq in the US fell 3.1% and 3.9%,respectively, marking their biggest weeklydrops for the year. The Dow had itssecond-worst week of the year, sliding 2.6%.

Petrochemicals Biodegradable Biopackaging

-Sonoco: GHG Emissions Down 3%, Recycling Content Up in 2018

Global packaging company Sonoco announced that it reduced water usage by 1.7% and greenhouse gas emissions by 3.2% over the past year. The company says that since 2009, it has reduced normalized greenhouse gas emissions by 27% and water usage by 40.3%.

Sonoco says it is one of the largest recyclers in the US, collecting nearly three million tons of materials each year, much of which it rolls into new sustainable packaging. For example, the company:

uses recovered fiber to produce more than two million tons of uncoated recycled paperboard each year, much of which is converted into industrial and consumer packaging;

recovers approximately 1 in 5 PET bottles collected in California, using them to manufacture clamshells for fresh produce;

used 26% recycled content in its plastic supply chain, of which 23% was post consumer material, in 2018 Petrochemicals Biodegradable Biopackaging

Petrochemicals Biodegradable Biopackaging

-Birch Chemicals reduces plastic packaging

Birch Chemicals has worked with packaging supplier, Kite, to reduce its plastic usage by 6.8 tonnes every year.

The rubber, plastics and coating additives manufacturer made the changes in support of a challenge set by Kite.

Kite is aiming to reduce the amount plastic used by itself and its customers by 120 tonnes by the end of this year.

Birch Chemicals reduces plastic packaging

-Lanxess develops heat reflecting black pigment for plastics

Lanxess has developed a black pigment which reflects 20% more of the sun’s near-infrared radiation (NIR) than conventional products.

Plastic roofs and façade elements coloured with Bayferrox 303 T heat up much less due to solar radiation, meaning the building’s inside temperature can be reduced.

“The temperature in a polymer matrix coloured with Bayferrox 303 T is as much as 8°C lower than when a conventional black pigment is used,” said Lanxess global market segment manager for Plastics at the Inorganic Pigments (IPG) business unit, Stefano Bartolucci. Petrochemicals Biodegradable Biopackaging

This improves the indoor climate and reduces energy consumption for air conditioning.

Lanxess develops heat reflecting black pigment for plastics

Polyolefins Petrochemical Polymers CPL Prices

NOVA Chemicals polyethylene Prices

NOVA Chemicals polyethylene Prices

NOVA Chemicals Raises September PE Prices In US By USD88 Per Ton 

NOVA Chemicals polyethylene Prices

MOSCOW – NOVA Chemicals, one of the world’s largest producers of polyolefins, announced an increase in the price of polyethylene (PE) by 4 cents per pound (USD88 per tonne) from September 1 of this year or as contracts permit, ICIS reports with reference to a company letter to customers.

According to the letter, 4 cents per pound set for September is in addition to the NOVA announced earlier increase of 3 cents per pound (USD66 per tonne) in August.

Contracted PE prices in the US have been declining for the past two months in a row.  Lower contract prices and higher export volumes led to lower margins for polyethylene producers.  Buyers may resist the resumption of rising prices, as raw material costs declined for most of the year, while stocks remain in abundance.

PE supplies are growing as the US is in the process of massively increasing PE production, due to cheaper gas-based raw materials.

The industry added about 3.5 million tons per year of new capacity in 2017 and plans to add a similar volume in 2019.

Further capacity expansion is planned for the 2020s.

In July, the contract prices for butene-based LDL film were 49-55 cents per pound (USD 1,078-1,210 per tonne), HDPE for blow molding was 52-56 cents per pound (USD1 144-1,232 per tonne), LDPE 56 -60 cents per pound (USD1,232 – 1,320 per ton).

According to the ICIS-MRC Price Review , in Russia, purchasing activity in the local market is low, but demand is stable.  NOVA Chemicals polyethylene Prices

The excess supply on the LDPE market is not so serious due to the long downtime of the two manufacturers.  In the IPA segment, excess supply remains, but it no longer puts pressure on prices.  Last week, both price increases and declines were recorded.  Most significantly cheaper LDL C4.

The main producers of polyethylene in the United States are Chevron Phillips Chemical (CP Chem), DowDuPont, LyondellBasell, ExxonMobil, Formosa, INEOS, Total Petrochemicals and Westlake. NOVA Chemicals polyethylene Prices

Nova Chemical is the largest global company producing polyethylene, styrene polymers, monomers, and many other related products.

mrcplast.ru

Author:   Anna Larionova

 

Related Topics

Polyethylene Prices European Market

NOVA Chemicals polyethylene Prices

Indorama Ventures Acquisition Sinterama

  • Enhances IVL’s capability and competitive position to serve increasing demand for Automotive Interiors.
  • Further strengthens and consolidates IVL’s Automotive interior market

Indorama Ventures Public Company Limited (IVL), a global chemical producer, today announced that it has entered into an agreement to acquire Sinterama S.p.A, a leading Global polyester automotive interiors and high performance colored yarns manufacturer. The acquisition comprises five production sites in four countries in Italy, Brazil, China and Bulgaria, the last being a new market for IVL. It has a combined capacity of around 30,000 tonnes/ annum. Europe imports over 275 KT of yarns annually and Sinterama can grow and strengthen its position as local supplier. The company currently employs 889 people.

The transaction is expected to be completed in the third quarter 2019, subject to regulatory approvals.  Indorama Ventures Acquisition Sinterama

Sinterama holds leading positions in the highly specialized applications in Europe, with an excellent reputation and proven technology. The company is vertically integrated from chips to yarns and offers a vast range of colored polyester yarns for the automotive, furnishing, apparel and technical applications. Since its inception in 1968, Sinterama has offered the most innovative solutions and invested in cutting-edge product research. It has substantial accumulated knowledge developed over a long period of time. This will provide IVL comprehensive and innovative solutions for automotive and home applications to better serve customers and meet customers’ needs in the future.

This acquisition is a perfect fit for IVL. Sinterama has a strong production base, providing an excellent platform to integrate IVL’s existing specialties business. The highly complementary portfolio, customer base and geographical footprint of the two companies will open up new market opportunities and enhance value to our customer by further enabling them to leverage IVL’s existing manufacturing capabilities and supply chain.

Mr. Aloke Lohia, Group CEO of Indorama Ventures said: “This acquisition marks an important milestone in our strategic alliance with Sinterama, which has been a partner in Trevira since 2011 and is the industry partner of choice for high-value filament yarns. While we have achieved significant growth in this space over the past years, we believe Sinterama will be the catalyst for us to consolidate and advance our position in this highly demanding and exclusive market.Indorama Ventures Acquisition Sinterama

Sinterama brings along a very experienced team of highly respected professionals who together with IVL management make a formidable combination of managerial excellence.

Bringing Sinterama’s experience and network of strategically located facilities into IVL will enable us to provide best-in-class offerings for customers. We are now better positioned than ever to meet the needs and exceed the expectations of customers on a truly global scale.” Indorama Ventures Acquisition Sinterama

Mr. Paolo Piana, Chairman of Sinterama, said “It’s a great opportunity for Sinterama to become part of such a strong group like Indorama Ventures, global leader in the polyester business.

The perfect combination seals twenty years of collaboration and leads to the establishment of a global player leader in high added value polyester yarns and applications.” Indorama Ventures Acquisition Sinterama

# # #

About Indorama Ventures 
Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia, Europe and Americas. The company’s portfolio comprises Integrated PET, Fibers, Packaging, Specialty Chemicals and Olefins. Indorama Ventures products serve major FMCG and Automotive sectors, i.e. Beverages, Hygiene, Personal Care, Tire and Safety segments. Indorama Ventures has approx. 19,000 employees worldwide and consolidated revenue of US$ 10.7 billion in 2018. The Company is listed in the Dow Jones Sustainability Index (DJSI). Indorama Ventures Acquisition Sinterama

Indorama Ventures is headquartered in Bangkok, Thailand with global operating sites in

EMEA:The Netherlands, Germany, Ireland, France, UK, Italy, Denmark, Lithuania, Poland, Czech Republic, Luxembourg, Spain, Turkey, Nigeria, Ghana, Portugal, Israel, Egypt, Russia, Slovakia, Austria
Americas:USA, Mexico, Canada, Brazil
Asia:Thailand, Indonesia, China, India, the Philippines, Myanmar

Contacts 
Richard Jones
Tel: +662.661.6661 ext. 680
richard.j@indorama.net

Naweensuda Krabuanrat
Tel: +662.661.6661 ext. 247
naweensuda.k@indorama.net

Note: 
This document contains “forward-looking statements” about the financial condition and results of operations of Indorama Ventures Public Company Limited (the “Company”), which are based on management’s current beliefs, assumptions, expectations and projections about future economic performance and events, considering the information currently available to the management. Indorama Ventures Acquisition Sinterama

Any statements preceded by, followed by or that include the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “plans”, “could”, “should, “predicts”, “projects”, “estimates”, “foresees” or similar expressions or the negative thereof, identify or signal the presence of forward-looking statements as well as predictions, projections and forecasts of the economy or economic trends of the markets, which are not necessarily indicative of the future or likely performance of the Company. Results given here are “Core”, which means excluding inventory gain/losses and one-time extraordinary items

Indorama Ventures Acquisition Sinterama

Polyolefins Petrochemical Polymers Ny66 Prices

Polyolefins Petrochemical Polymers Ny66

Polyolefins Petrochemical Polymers Ny66

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM05/08/201912/08/2019+/-
Bottle grade PET chips domestic market6,900 yuan/ton6,850 yuan/ton-50
Bottle grade PET chips export market910 $/ton880 $/ton-30
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Polymers Ny66

6,775 yuan/ton6,600 yuan/ton-175
Filament grade Bright chips domestic market6,875 yuan/ton6,700 yuan/ton-175
Pure Terephthalic Acid PTA domestic market5,160 yuan/ton5,160 yuan/ton
Pure Terephthalic Acid PTA export market
700 $/ton 690 $/ton-10
Monoethyleneglycol MEG domestic market4,275 yuan/ton4,430 yuan/ton+155
Monoethyleneglycol MEG export market512 $/ton527 $/ton+15
Paraxylene PX FOB  Taiwan market812 $/ton790 $/ton-22
Paraxylene PX FOB  Korea market793 $/ton771 $/ton-22
Paraxylene PX FOB EU market

Polyolefins Petrochemical Polymers Ny66

726 $/ton692 $/ton-34
Polyester filament POY 150D/48F domestic market7,830 yuan/ton7,600 yuan/ton
-230
Recycled Polyester filament POY  domestic market7,350 yuan/ton7,100 yuan/ton-250
Polyester filament DTY 150D/48 F domestic market9,150 yuan/ton8,950 yuan/ton-200
Polyester filament FDY 68D24F domestic market 8,750 yuan/ton8,500 yuan/ton-250
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Polymers Ny66
8,050 yuan/ton7,850 yuan/ton-200
Polyester staple fiber 1.4D 38mm domestic market7,350 yuan/ton7,100 yuan/ton-250
Caprolactam CPL domestic market12,250 yuan/ton12,050 yuan/ton
-200
Caprolactam CPL overseas  market1,470 $/ton1,470 $/ton
Nylon6 chips overseas  market1,780 $/ton1,780 $/ton
Nylon6 chips conventional spinning domestic  market12,950 yuan/ton12,750 yuan/ton-200
Nylon6 chips  high speed spinning domestic  market13,200 yuan/ton12,900 yuan/ton-300
Nylon 6.6 chips domestic  market24,100 yuan/ton24,000 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Polymers Ny66

15,800 yuan/ton15,700 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,500 yuan/ton18,300 yuan/ton-200
Nylon6 Filament FDY  70D/24F  domestic  market16,900 yuan/ton16,800 yuan/ton-100
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,500 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,350 yuan/ton8,300 yuan/ton-50
Benzene domestic market5,025 yuan/ton4,950 yuan/ton-75
Benzene overseas  market651 $/ton627 $/ton -24
Ethylene South East market750 $/ton820 $/ton+70
Ethylene NWE  market921 $/ton929 $/ton+8
Acrylonitrile ACN  domestic market

Polyolefins Petrochemical Polymers Ny66

12,100 yuan/ton12,100 yuan/ton
Acrylonitrile ACN  overseas market1,550 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,500 yuan/ton
Viscose Staple Fiber VSF  domestic market11,500 yuan/ton11,400 yuan/ton-100
PP Powder domestic market8,525 yuan/ton8,600 yuan/ton-75
Naphtha overseas market  491 $/ton450 $/ton
-41
Phenol domestic market 7,400 yuan/ton7,400 yuan/ton
PS Taiwan 5250 GPPS9,300 yuan/ton 9,200 yuan/ton-100
PS Taiwan 8250 HIPS10,600 yuan/ton 10,600 yuan/ton
LDPE CFR Far East 987 $/ton987 $/ton
LLDPE CFR Far East906 $/ton887 $/ton-19
LDPE   FOB Middle East973 $/ton973 $/ton
LLDPE FOB Middle East873 $/ton873 $/ton
HDPE CFR Far East977 $/ton972 $/ton-5
LDPE FD Northwest Europe 1,003 €/ton1,003 €/ton
LLDPE FD Northwest Europe 983  €/ton983 €/ton

 

Moodys UnitState Sanctions Russia

Moodys UnitState Sanctions Russia

Moodys considers US sanctions a “constant threat” to Russia

Moodys UnitState Sanctions Russia

MOSCOW – New US sanctions will not affect Russia’s public finances in the near future, but in the long run they will put pressure on Russian investment and access to technology, RBC reports citing data from Moody’s rating agency.

Although the new sanctions will not affect the credit worthiness of the Russian government in the short term, their long-term consequences will be more serious, writes the rating agency Moody’s Investors Service in a report to investors. “The ambitions of Russian President Vladimir Putin to increase growth and quality of life will be more difficult to realize with new US sanctions,” says Moody’s. Moodys UnitState Sanctions Russia

New sanctions do not cut Russia off from international capital markets, but limit the ability to attract financing. Domestic investment and foreign investment in Russia is likely to “remain significantly lower than if there were no sanctions.”

Sanctions may also limit Russia’s access to Western expertise and financing, which are necessary to modernize the Russian economy, Moody’s said. In addition, the suddenness of the announcement of new sanctions reflects their “continuous and unpredictable nature.” Moodys UnitState Sanctions Russia

US sanctions have become a constant threat looming over Russia’s credit profile, the agency points out, although Russia currently remains stable against current and future sanctions.

New sanctions prohibit the participation of US banks in the initial offerings of bonds of the Russian government in foreign currency, as well as foreign currency lending by US government banks and the Central Bank. Banks are interpreted broadly and include brokers and securities dealers, commodity futures and options dealers, currency traders, clearing companies, investment companies, corporate social programs (i.e. non-state pension funds), holding companies. Moodys UnitState Sanctions Russia

But the sanctions have not yet affected the secondary market of Russian government securities and the market of ruble OFZs.

The plan to attract external loans from the market for 2019 has already been overfulfilled, and very moderate borrowings in the amount of USD3 billion annually are planned for 2020–2021. Moodys UnitState Sanctions Russia

Moreover, Russia has an abundance of liquid reserves, which in principle make it possible to do without issuing international bonds. Government funds in accounts at the Central Bank reached 10.4 trillion rubles. in mid-2019 – 9.5% of expected GDP for 2019.

The external debt of the government and the Bank of Russia in dollars to non-residents amounted to USD18.7 billion at the end of 2018, which is significantly less than the figure at the end of 2013 (USD30.8 billion), Moody’s notes.

“In this context, US sanctions are likely to entail a further reduction in Russia’s dollar issues,” the agency writes.Moodys UnitState Sanctions Russia

Even if American investors no longer participate in Russian government securities, Moody’s expects that Russia will still be able to attract funding in euros and other reserve currencies from non-US investors.

It was previously reported that the GDP growth of the Russian Federation in June accelerated to 0.7% in annual terms from a revised 0.1% in May (a correction of the estimate from 0.2% occurred after Rosstat revised the operational data for certain sectors). Moodys UnitState Sanctions Russia

mrcplast.ru

Author:

Anna Larionova

Related Topics

Global Economy Strong Growth

Chinese titanium dioxide manufacturers

Chinese titanium dioxide manufacturers

Chinese TiO2 manufacturers announce price increases in August 

Chinese titanium dioxide manufacturers

MOSCOW – Chinese manufacturers of titanium dioxide (TiO2) have announced price increases for both domestic and export markets, which will be produced in August, ICIS reports citing market sources.

Due to the upward sentiment in the international market, the difference between export prices from China and the contract prices of other international manufacturers has become more noticeable.

In addition, there is cautious optimism that domestic demand in China may increase in the third quarter.

Chinese manufacturers announced an increase in export prices of USD50 per tonne, FOB China and an increase in domestic prices by CNY500 per tonne.

These price increases are expected to take effect by August 15th.

Titanium dioxide is used in the manufacture of paints and varnishes (59%), plastics, rubber products, paper, chemical fibers, etc.

mrcplast.ru

Author:   Anna Larionova

Related Topics

Global Titanium Dioxide Market 2019 Industry Size, Growth Analysis, Types, Applications, Drivers and Key Players, Forecast Research Report 2019

Polymers Petrochemicals Additive Masterbatches

Polyethylene terephthalate prices China

Polyethylene terephthalate prices China

PET prices in China are at the level of USD910-920 per ton 

Polyethylene terephthalate prices China

MOSCOW  – The price offers of polyethylene terephthalate (PET) in China on Monday, August 5, were at the level of USD910-920 per tonne, FOB, ICIS reports citing market participants.

According to the source, some transactions were concluded at the level of USD890 per tonne, FOB China.

Earlier it was reported that the price offers of polyethylene terephthalate (PET) in South Korea fell last week amid falling prices for raw materials – purified terephthalic acid (TFA).  Most of the offers from manufacturers were at a price of USD930-960 per tonne, FOB Korea, while there was a counter offer of buyers at the level of USD920 per tonne, FOB Korea.

According to the ICIS-MRC Price Review , in August Russia is expected to decrease demand in the spot market, which was already significantly lower than in the same period last year.  Polyethylene terephthalate prices China 

Granulate producers, with rare exceptions, will supply material to contract customers.  The vast majority of prices for contract customers in August is in the range of 81,000-86,000 rubles.  per tonne, CPT Moscow, including VAT.

mrcplast.ru

Author:   Anna Larionova

Polyethylene Terephthalate prices SouthKorea

-Polyethylene Terephthalate Resins (PET Resins) Market 2019 – Fujikura Ltd. (Tokyo, Japan), Inktec Corporation (Korea), Advanced Nano Products Co. Ltd. (Korea), Creative Materials Inc, Novacentrix

Polyethylene Terephthalate prices SouthKorea

Polyethylene Terephthalate prices SouthKorea

PET prices in South Korea decreased

Polyethylene Terephthalate prices SouthKorea

MOSCOW  Prices for polyethylene terephthalate (PET) in South Korea fell last week amid falling prices for raw materials – refined terephthalic acid (TPA), ICIS reports.

Most of the offers from manufacturers were at a price of USD930-960 per tonne, FOB Korea, while there was a counter offer of buyers at the level of USD920 per tonne, FOB Korea. Polyethylene Terephthalate prices SouthKorea 

Some market players report more activity in the spot market.

According to the ICIS-MRC Price Review , in August Russia is expected to decrease demand in the spot market, which was already significantly lower than in the same period last year. Polyethylene Terephthalate prices SouthKorea 

Granulate producers, with rare exceptions, will supply material to contract customers. The vast majority of prices for contract customers in August is in the range of 81,000-86,000 rubles. per tonne, CPT Moscow, including VAT. Polyethylene Terephthalate prices 

mrcplast.ru

Author: Anna Larionova

Related Topics

-Polyolefins Petrochemical Polymers CPL Prices

-Polyethylene Terephthalate Resins (PET Resins) Market 2019 – Fujikura Ltd. (Tokyo, Japan), Inktec Corporation (Korea), Advanced Nano Products Co. Ltd. (Korea), Creative Materials Inc, Novacentrix

Polyolefins Petrochemical Polymers CPL Prices

Polyolefins Petrochemical Polymers CPL

Polyolefins Petrochemical Polymers CPL

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM29/07/201905/08/2019+/-
Bottle grade PET chips domestic market7,050 yuan/ton6,900 yuan/ton-150
Bottle grade PET chips export market920 $/ton910 $/ton-10
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Polymers CPL

6,800 yuan/ton6,775 yuan/ton-25
Filament grade Bright chips domestic market6,900 yuan/ton6,875 yuan/ton-25
Pure Terephthalic Acid PTA domestic market5,470 yuan/ton5,160 yuan/ton-310
Pure Terephthalic Acid PTA export market
720 $/ton 700 $/ton-20
Monoethyleneglycol MEG domestic market4,540 yuan/ton4,275 yuan/ton-265
Monoethyleneglycol MEG export market552 $/ton512 $/ton-40
Paraxylene PX FOB  Taiwan market841 $/ton812 $/ton-29
Paraxylene PX FOB  Korea market822 $/ton793 $/ton-29
Paraxylene PX FOB EU market

Polyolefins Petrochemical Polymers CPL

742 $/ton726 $/ton-16
Polyester filament POY 150D/48F domestic market7,750 yuan/ton7,830 yuan/ton
+80
Recycled Polyester filament POY  domestic market7,300 yuan/ton7,350 yuan/ton+50
Polyester filament DTY 150D/48 F domestic market9,150 yuan/ton9,150 yuan/ton
Polyester filament FDY 68D24F domestic market 8,700 yuan/ton8,750 yuan/ton+50
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Polymers CPL
7,950 yuan/ton8,050 yuan/ton+100
Polyester staple fiber 1.4D 38mm domestic market7,320 yuan/ton7,350 yuan/ton+30
Caprolactam CPL domestic market12,400 yuan/ton12,250 yuan/ton
-150
Caprolactam CPL overseas  market1,470 $/ton1,470 $/ton
Nylon6 chips overseas  market1,780 $/ton1,780 $/ton
Nylon6 chips conventional spinning domestic  market13,150 yuan/ton12,950 yuan/ton-200
Nylon6 chips  high speed spinning domestic  market13,200 yuan/ton13,200 yuan/ton
Nylon 6.6 chips domestic  market24,300 yuan/ton24,100 yuan/ton-200
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Polymers CPL

15,900 yuan/ton15,800 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,500 yuan/ton18,500 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market16,900 yuan/ton16,900 yuan/ton
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,500 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,350 yuan/ton8,350 yuan/ton
Benzene domestic market5,230 yuan/ton5,025 yuan/ton-205
Benzene overseas  market669 $/ton651 $/ton -18
Ethylene South East market750 $/ton800 $/ton+50
Ethylene NWE  market916 $/ton921 $/ton+5
Acrylonitrile ACN  domestic market

Polyolefins Petrochemical Polymers CPL

11,500 yuan/ton12,100 yuan/ton+600
Acrylonitrile ACN  overseas market1,550 $/ton1,550 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,500 yuan/ton
Viscose Staple Fiber VSF  domestic market11,600 yuan/ton11,500 yuan/ton-100
PP Powder domestic market8,675 yuan/ton8,525 yuan/ton-150
Naphtha overseas market  504 $/ton491 $/ton
-13
Phenol domestic market 7,700 yuan/ton7,400 yuan/ton-300
PS Taiwan 5250 GPPS

Polyolefins Petrochemical Polymers CPL

1,190 $/ton1,190 $/ton-5
PS Taiwan 8250 HIPS1,320 $/ton1,320 $/ton+5
LDPE CFR Far East 1,002 $/ton1,002 $/ton-10
LLDPE CFR Far East927 $/ton927 $/ton-25
LDPE   FOB Middle East989 $/ton989 $/ton-10
LLDPE FOB Middle East914 $/ton914 $/ton-25
HDPE CFR Far East979 $/ton979 $/ton-30
LDPE FD Northwest Europe 983 €/ton983 €/ton-20
LLDPE FD Northwest Europe 

Polyolefins Petrochemical Polymers CPL

963 €/ton963 €/ton-20

Polyolefins Petrochemical Polymers CPL P

Petrochemicals Biodegradable Packaging 05-08-2019

Petrochemicals Biodegradable Packaging

Polyolefins Petrochemical Polymers CPL Prices

Petrochemicals Biodegradable Packaging

Crude Oil Prices Trend

Petrochemicals Biodegradable Packaging

-INVISTA to Expand STAINMASTER® and STAINMASTER® PetProtect® Portfolio of Products Through Licensing

North American licensing agreements will extend the well-known flooring brand into home furnishings and home improvement categories.

Spilled wine, messy pets and dirty shoes can all take a toll on the furnishings in your home. That’s why INVISTA, the parent company of the STAINMASTER® and STAINMASTER® PetProtect® portfolio of products, has announced plans to develop new licensed product opportunities and to expand its reach to new audiences.

“We develop products that live up to life’s messiest moments. Through new licensing partnerships, we will bring consumers more ways to experience our brand in complementary categories that will allow them to rest easy and enjoy life, just as we continue to do for the flooring industry,” said Brook Brown, Vice President, STAINMASTER® brand.

Petrochemicals Biodegradable Packaging

-The technical running T-shirt made of Dryarn yarn ( Italian Language only)

A yarn with unique characteristics, the Dryarn. Produced by Aquafil, a Trentino company based in Arco, it is very light, insulating, breathable and thermoregulating. It therefore guarantees total comfort in both amateur and more advanced performances.

A second skin, made to protect the first one. So, they could be called, intimate garments made with Dryarn yarn. They protect from the cold when the weather is inclement, and disperse the heat when instead – as in these days – the thermometer exceeds 30 degrees. We tested them in both conditions: in the first case obviously with the addition of a second layer; in the second, alone (although in reality the T-shirt was designed as an underwear item).

Dryarn is not the brand of a sportswear line, but a technical yarn patented by Aquafil, a company based in Arco (Trento), which specializes precisely in the production of fibers capable of guaranteeing maximum performance, even in the most extreme activities and conditions more difficult climatic conditions.

Petrochemicals Biodegradable Packaging

-Kivanc Tekstil Ties Up With Reliance to Make Eco-friendly Fabrics

Reliance Industries Ltd (RIL), India’s largest private sector company and the world’s biggest integrated polyester producer, has joined hands with Turkey’s textile behemoth, Kivanc Tekstil, to manufacture and market R|Elan GreenGold, a sustainable and innovative fabric 2.0, to leading apparel brands and consumers across the world.

Apart from manufacturing and marketing R|Elan GreenGold fabrics, Kivanc will be the exclusive distributor of Recron GreenGold fibres to spinners, yarn manufactures and knitters across Turkey and it will offer the best quality eco-friendly textile solutions to brands and retailers to meet the ever growing demand of environment friendly apparels.

Petrochemicals Biodegradable Packaging

-Irish teen invents method to remove microplastics from ocean, wins $50K Google Science Fair prize

A teen from Ireland may have found the solution to rid world’s oceans from the microplastics that are near impossible to remove.

Fionn Ferreira, 18, designed a new method for the extraction of microplastics, or particles of plastic less than 5 millimeters in diameter, as part of the Google Science Fair, an online competition open to students between the ages of 13 and 18.

The procedure, inspired by an article written by physicist Arden Warner, involves using non-toxic iron oxide to clean up oil spills, according to Ferreira’s project study.

Petrochemicals Biodegradable Packaging

-Turkey-US road map to raise trade volume to $100 bn

Despite the ongoing dispute over the S-400 missile system and the F-35 fighters, Turkey and the United States drew a road map to gradually increase bilateral trade volume to $100 billion—revised from the earlier target of $75 billion—during the bilateral meeting held between Presidents Recep Tayyip Erdogan and Donald Trump at the G20 summit last month.

A report commissioned by the Turkish business community and prepared by the Boston Consulting Group (BCG) on the new trade volume target identified eight sectors out of 38 in Turkey that have potential for exports to the United States.

Petrochemicals Biodegradable Packaging

-Chemours adds to titanium mining, processing operations

The Chemours Company is adding to its titanium mining and processing operations.

The Wilmington company acquired Southern Ionics Minerals, LLC, an exploration, mining, and manufacturing company based in Jacksonville, FL. SIM was a wholly owned subsidiary of Southern Ionics Incorporated, a privately held chemical manufacturer based in West Point, MS. Selling price was $25 million.

Petrochemicals Biodegradable Packaging

-Brazilian diplomat sees BRICS as expression of new economic reality

The BRICS group represents not an ideological manifestation, but expresses a new economic reality, Brazilian diplomat Roberto Jaguaribe said here on Friday.

Jaguaribe, who currently serves as Brazil’s ambassador to Germany and previously held the position of ambassador to China, said that the bloc, which groups Brazil, Russia, India, China and South Africa, is a reflection of the rising relevance of its member countries.

“Developing nations grow twice as fast as developed countries, and that tends to demand new forums of representation. Thus, BRICS is not an ideological manifestation — in fact, it tried really hard not to do so — but represents an expression of a new economic reality,” he said.

Petrochemicals Biodegradable Packaging

-Trade War: Is $40 Oil on the Horizon?

On Thursday, US crude oil futures fell 7.9% and settled at $53.95 per barrel—the highest decline for oil prices in a single day since February 4, 2015.

In the last trading session, the United States Oil Fund LP (USO) fell 6.1%.

USO tracks US crude oil futures.

Tthe S&P 500 Index (SPY), the Invesco QQQ Trust (QQQ), and iShares Russell 2000 ETF (IWM) fell 0.8%, 0.5% and 1.44%.

Like oil, slowdown concerns due to the trade war might have impacted SPY, QQQ, and IWM.

Trade War: Is $40 Oil on the Horizon?

-Alpek joins The Recycling Partnership

Alpek has announced that its subsidiary, Alpek Polyester, has joined The Recycling Partnership as an active member, in support of the organisation’s goals of increasing residential recycling rates and the need for increased availability of recycled materials to enable the creation of circular business models. Alpek is a leading petrochemical company.

Specifically, it is the goal of Alpek Polyester, one of the largest recyclers of PET (polyethylene terephthalate) bottles in the US, to support efforts to improve the availability of recycled PET (rPET) to meet growing customer needs for higher rPET content in end-use products, according to a press release by the company.

Petrochemicals Biodegradable Packaging

-Saudi Arabia may cut crude oil prices to Asia in Sept

SINGAPORE: Top oil exporter Saudi Arabia may cut prices for most of the crude grades it sells to Asia for a second straight month in September after Middle East benchmark prices weakened.

The official selling price (OSP) for flagship Arab Light crude could drop by at least 50 cents a barrel, falling below a  premium of $2 a barrel for the first time in four months, a Reuters survey of five buyers in Asia showed.

The cuts would track a backwardation between prompt and third month Dubai prices that narrowed by 70 cents a barrel in July versus June. Spot prices are higher than those in future months in a backwardated market.

Asia’s incremental demand for September-loading Middle East crude weakened last month with several North Asian refineries scheduled to shut for maintenance during their autumn season.

Saudi Arabia may cut crude oil prices to Asia in Sept

-Autotech-Sirmax launches wide range of engineering thermoplastics compounds

Autotech-Sirmax India has announced the launch of a complete range of specialty Engineering Thermoplastics Compounds (ETPs) in the Indian market using technology from Sirmax S.p.A. Italy.

The launch coincides with a newly expanded, state-of-the-art, fully automated compounding plant at Valsad, Gujarat, and Palwal (near Delhi), with a capacity of over 40000 tpa.

The company (a JV between Tipco group and Sirmax) will use the ISO and DAFNE brands of Sirmax for its ETP compounds.

The launch has facilitated augmentation of the entire range of Polypropylene Compounds that Autotech-Sirmax supplies to major OEMs and Tier-1s in India since 1980s along with its proprietary range of Long-Fibre Thermoplastics Compounds.

Petrochemicals Biodegradable Packaging

-China skirts sanctions on Iran oil

Shipments exceed what was known, investigation shows

China is receiving oil shipments from a larger number of Iranian tankers than was previously known, defying sanctions imposed by the United States to choke off Tehran’s main source of income, an investigation by The New York Times has found.

The Times examined the movements of more than 70 Iranian tankers since May 2, when the U.S. sanctions took full effect.

Twelve of the tankers loaded oil after May 2 and delivered it to China or the Eastern Mediterranean, where the buyers may have included Syria or Turkey.

China skirts sanctions on Iran oil

-Plastics recycling technology roundup

Plastics Recycling Update iconThe U.K. government is helping to fund recycled PP and PE deodorizing research, and an ultrafine PET melt filter is developed.

Flake to bottle preforms: A PET flake-to-preform technology has won a World Star Packaging Award. Four companies – recycling equipment manufacturer Erema, PET packaging maker SIPA, plastics recycling company Kyoei Industry and beverage company Suntory – were involved in developing what’s called the XTREME Renew Flakes to Preform System, which creates 100% recycled RPET bottle preforms in a single process. With an annual capacity of 300 million containers a year, the system has been in use by Kyoei Industry in Japan for nearly a year.

Plastics recycling technology roundup

-New US tariff threat, Q2 earnings reports dash hopes for H2 recovery

After the bulk of Q2 earnings reports and management guidance, hopes for a second half recovery have been dashed. And US President Donald Trump’s threat to slap 10% tariffs on an additional $300bn in imports from China starting on 1 September only dampen the outlook.

End market headwinds in automotive, housing, consumer electronics and durable goods, and geographically in China and Europe will persist while the US-China trade war is about to escalate even further.

Chemical stock prices took a beating on 1 August following Trump’s tariff threat. While the broader US market as measured by the S&P 500 fell 0.9%, the S&P 500 Commodity Chemicals Index plunged 3.0%.

New US tariff threat, Q2 earnings reports dash hopes for H2 recovery

-US firm opens new yarn and fibre dyeing plant

Valdese – Meridian Specialty Yarn Group has opened a new, high-tech, yarn dyeing plant in the US which will supply high-end apparel, hosiery and home furnishings manufacturers.

The 116,000 square-foot facility, at the site of their current operations in Valdese, NC, is said by Meridian to be the first yarn and fibre dyeing operation to be built in the United States in over two decades and offers the only tow-dyeing capacity in the country.

Until this summer, all producer-dyed acrylic tow was imported from outside US borders.

US firm opens new yarn and fibre dyeing plant

Petrochemicals Biodegradable Biopolyester 03-08-2019

Petrochemicals Biodegradable Biopolyester

-Research from bpi protec exposes consumers’ lack of understanding of plastic film recycling

Only 50% of the public are aware that plastic films can be recycled, and almost all would like to be able to recycle them more easily, according to new research by bpi protec.

The research asked over 1,000 UK consumers their opinion on a variety of questions in relation to plastic film recycling, with the full results revealed at Packaging News’ Environmental Packaging Summit last month.

The Berry Global flexible packaging company also suggested that the type of packaging used by brands may impact on a consumer’s purchasing decision with over half of respondents saying that they would choose to buy a product whose packaging was recyclable or contained recycled content above one that didn’t.

Petrochemicals Biodegradable Biopolyester

-Amcor designs lightweight PET beer bottles for Brazil market

Amcor has adapted its leading-edge design technology to develop the first PET bottles for pasteurised beer in Brazil.

The company designed custom 600ml containers for São Paulo-based beverage maker New Age Bebidas that feature a glass-like, champagne-style base combined with the convenience of lightweight and shatter resistant PET. Petrochemicals Biodegradable Biopolyester

Petrochemicals Biodegradable Biopolyester

-RECOUP and Valpak deliver plastics recycling education

RECOUP is working with environmental compliance firm Valpak to deliver an education programme at schools on plastics recycling.  RECOUP is working with environmental compliance firm Valpak to deliver an education programme at schools on plastics recycling.

Pupils from Diss High School in Norfolk have taken part in the #SORTITOUT campaign featuring recycling games to help them to understand what they can recycle locally, and the journey plastic packaging undertakes when recycled – including the range of products that it can be made into.

Petrochemicals Biodegradable Biopolyester

-Where next for bioplastics and biocomposites?

Bioplastics are top of the list in a new World Economic Forum (WEF) report, Top 10 Emerging Technologies 2019, above social robots, tiny lenses for miniature devices, disordered proteins as drug targets, smarter fertilizers, collaborative telepresence, advanced food tracking and packaging, safer nuclear reactors, DNA data storage and the utility-scale storage of renewable energy.

The need for bio-based alternatives to our current plastics appears pretty obvious, with an annual 400 million tons currently produced – a figure that is expected to triple by 2050 without a global change in direction – and only 15% of it is recycled.

Petrochemicals Biodegradable Biopolyester

-Europe HDPE spot prices still under pressure as imports increase

High density polyethylene (HDPE) spot prices have fallen sharply in recent weeks in Europe, and sentiment is still weak.

HDPE spot prices tumble

Planned cracker turnarounds imminent

Global concerns add to uncertainty

Imports are offered in greater volume, for end-August/September delivery, but also for prompt. Many prices talked for such material are below €1,000/tonne FD (free delivered) NWE (northwest Europe). Petrochemicals Biodegradable Biopolyester

Europe HDPE spot prices still under pressure as imports increase

-China plans countermeasures to new US tariffs

China will have to take necessary countermeasures to defend its own interests if the US imposes additional tariffs on Chinese goods, its Ministry of Commerce said on Friday.

US President Donald Trump announced on 1 August that 10% tariffs will be imposed on additional $300bn imports from China starting 1 September.

The announcement came a day after high-level negotiations concluded in Shanghai failed to produce a clear resolution to the year-long trade war between the world’s two biggest economies.

Petrochemicals Biodegradable Biopolyester

-Trump repeats tariff threat on $300bn of Chinese goods

US President Donald Trump repeated on Thursday his earlier threat to impose tariffs on $300bn worth of Chinese goods, a move that would put nearly every US import from China under some kind of duty.

American flags are displayed together with Chinese flags on top of a trishaw in Beijing. The American Chamber of Commerce in China says Beijing will “dig its heels in” after U.S. tariff hikes and appealed for a negotiated end to their trade battle. (Source: Andy Wong/AP/REX/Shutterstock)

Trump made the threat despite what he described as a positive dialogue between US and Chinese negotiators during their latest round of talks. Petrochemicals Biodegradable Biopolyester

Petrochemicals Biodegradable Biopolyester

-How Graham Packaging is Helping to Create a Circular Economy for Plastic Packaging

Graham Packaging’s Tracee Reeves talks with Plastics Technology about ways the company is working to encourage recycling, improve product recyclability and increase offerings with recycled content.

The plastic packaging market is at an interesting crossroads. Some of the aspects that help to grow the industry (light containers and convenience design) are now taking a hit due to the increasing issue of global plastic waste.

How Graham Packaging is Helping to Create a Circular Economy for Plastic Packaging

-Sustainable sourcing at scale: H&M’s approach

Alternative fibers are challenging to produce and procure at scale. A shift from mass market consumption to a craft model with enhanced visibility may be the solution.

ith 4,968 stores in more than 70 markets, the H&M Group is not known as a boutique retailer. The company, with nine brands including flagship H&M, works with 2,383 supplier factories worldwide. Stores in the largest brand, H&M, rack up 800 million annual transactions. Yet, this high-volume retailer is focused on sustainability in all things, including textiles, a seeming contradiction in the fast fashion business.

Sustainable sourcing at scale: H&M's approach

-Photovoltaic power from textiles

Dr. Jonas Sundqvist, group manager for thin-film technology, with prototype textile-based solar cells. Credit: © Fraunhofer IKTS  Petrochemicals Biodegradable Biopolyester

Imagine a truck tarp that can harvest the energy of sunlight! With the help of new textile-based solar cells developed by Fraunhofer researchers, semitrailers could soon be producing the electricity needed to power cooling systems or other onboard equipment. In short, textile-based solar cells could soon be adding a whole new dimension to photovoltaics, complementing the use of conventional silicon-based solar cells.

Photovoltaic power from textiles

-Orders boost for FET at Techtextil and ITMA 2019

Fibre Extrusion Technology (FET) has recorded most successful ever number of customer enquiries from over 20 countries, in a short period totalling over 100, having exhibited at Techtextil Frankfurt and ITMA Barcelona in May and June.

Total enquiries are up by over 40 per cent compared to previous year and orders are expected to break previous records. Petrochemicals Biodegradable Biopolyester

Orders boost for FET at Techtextil and ITMA 2019

-Petroleum comprises largest primary source of energy consumed

etroleum accounted for 36% of total energy consumption in 2018 and was the largest primary source of energy consumed in the United States, according to the U.S. Energy Information Administration (EIA). More than two-thirds of finished petroleum products consumed in the United States are used in the transportation sector.

Petroleum consists of crude oil and refined products such as gasoline, diesel and propane. Crude oil is processed at petroleum refineries to make products, including motor gasoline, distillate, fuel oil, hydrocarbon gas liquids and jet fuel.

End-use consumption is difficult to calculate because of the large number of refined products and stores that sell them, such as gas stations.

Petroleum comprises largest primary source of energy consumed

Petrochemicals Biodegradable Automotive 02-08-2019

Petrochemicals Biodegradable Automotive 02-08-2019

Petrochemicals Biodegradable Automotive

China – Polyethylene Terephthalate

PET and it’s chain are decreased.

Crude oil price is weak.

Polyamide 6 and its chain are weak.

Acrylonitrile is in health.

PET Bottle grade export 840/925 $/ton PET Bottle grade domestic market 6,850/7,000 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

PTA Taiwan 715/725 $/ton PTA domestic market 5,400/5,450 yuan/tonMEG  510/525 $/ton – MEG domestic market 4,300/4,400 yuan/tonPX Korea 805/815 $/ton

Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,500/8,650 yuan/ton

Petrochemicals Biodegradable Automotive

Crude Oil Prices Trend

Petrochemicals Biodegradable Automotive

-Prima Additive shares an overview of the Circular Economy Approach in Additive Manufacturing.

Prima Industrie Group specializes in the development, fabrication and commercialization of laser systems for industrial applications, sheet metal processing machinery, laser sources and additive manufacturing solutions.

To date, with over 40 years of experience in the industry, the Group has managed the installation of more than 13 000 machines in 80 countries across the world. Next to its divisions Prima Power and Prima Electro, Prima Industrie S.p.A has recently launched Prima Additive, a division that takes advantage of its longstanding experience in metal and lasers to provide industrials with additive manufacturing solutions.

Petrochemicals Biodegradable Automotive

-Automotive Parts Remanufacturing Market to Gain a Stronghold by 2026

Automotive parts remanufacturing markets; comprises one of those selected markets which extend in a reverse ratio with the economy. Giving a less expensive option in contrast to buying brand new automotive parts, remanufacturing in general gain traction when customer expending drops. On the other hand, in a quickly developing economy then again, purchasers have a tendency to pick novel products over remanufactured ones and thus, the market for remanufactured automotive parts encounters a dive.

Monetary advantages will remain the essential aspect boosting the market. Reliably vigorous requirement for remanufactured alternators and starters will moreover keep on propelling the sales over the approaching years. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

-Boris Johnson’s threat of a no-deal Brexit will not break EU unity

The UK government should instead seek an agreement that removes the need for the backstop altogether

No matter what Boris Johnson or his new Vote Leave cabinet threaten – and the expectation in Brussels is that no-deal planning will be ramped up in an attempt to intimidate other EU countries – be in no doubt: there isn’t time to limit the damage of a sudden severance from the world’s largest trading bloc this Halloween.

Unless a further extension is requested, or article 50 is revoked by 31 October, when the current extension of UK membership expires, a dramatic shock awaits the global economy, and we all stand to lose. The few who may prosper are the wealthy bankers and hedge fund managers who have already bet on chaos.

Petrochemicals Biodegradable Automotive

-DUPONT™ ARTISTRI® DIGITAL INKS FOR TEXTILES

Business Celebrates Launch of DuPont™ Artistri® Xite Pigment Ink

Neu-Isenburg, Germany, June 12, 2019 – DuPont Advanced Printing (DuPont) proudly celebrates 30 years of contributions to inkjet printing and its many significant product launches.

To mark this momentous occasion, DuPont is launchinga new series of Artistri® Roll-to-Roll (RTR) Pigment Inks at the ITMA show in Barcelona, Spain, June 20–26, 2019.

Thanks to its improvement in workflow efficiency by eliminating the post-treat step, this Artistri® Xite pigment inks series enables sustainable printing, a point of discussion not only at the show, but in our world.

Included in the new pigment series is DuPont™ Artistri® P2700, a medium viscosity pigment ink with binder that delivers excellent color saturation and image sharpness and meets customer needs in a variety of segments, such as home furnishings and apparel. DuPont also will showcase its performance leading roll-to-roll dye based inkjet inks and Artistri® Brite direct to garment pigment inks and pretreatments.

Petrochemicals Biodegradable Automotive

-New Opportunities to Fuel the Expansion of Bio Based Paraxylene Market

In recent years, the global market has shown a strong acceptance for bio-based chemicals and materials in the light of growing considerations over sustainability.

Paraxylene is an aromatic hydrocarbon compound, derived from benzene, and is colorless, toxic, highly flammable and hazardous in nature.

Owing to its pernicious properties, various government and environmental organizations have enforced regulations for the development of bio-based paraxylene (Bio-PX).

Bio based paraxylene is made of renewable raw materials, such as glucose, starch, cellulose and vegetable oils. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

-Are Fabric Buildings the Automotive Industry’s Ideal Storage Solution?

Auto parts manufacturers face many challenges in today’s low margin, high volume environment. Warehousing components and tooling is a significant cost that falls under scrutiny more than ever before. Options for expansion of storage space today include prefabricated and custom-built solutions using several different materials and technologies. Fabric buildings are a growing segment, but traditional fabric buildings are often small-scale and can be unnecessarily costly when factoring in environmental controls, foundations and construction.  Petrochemicals Biodegradable Automotive

Fabric Buildings the Automotive Industry

-European recycling sector likely to miss ’25 PET bottle recycling target

The European recycling industry is going to miss a 2025 target for recycling PET bottles, unless there is a reversal of the slowing growth rate in recycling, according to a new study by ICIS. The study also found evidence that bottle-deposit schemes are working better as an incentive than market prices for recycled material.

In March, the European Parliament adopted the Commission-proposed Single-Use Plastics (SUP) Directive 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. This development was already supported by a range of international brands through their own recycling pledges.

Fabric Buildings the Automotive Industry

-Prices Down for Polyolefins & PET

Going into the second half of the year, prices were falling for PP, PET and PE.

Prices of PP and PET may have bottomed out in July, owing to seasonal inventory buildup for the former and upward pressure from feedstock costs for the latter.

In contrast, prices of PE were expected to drop farther, owing to a decline in global prices and ample supplies. Petrochemicals Biodegradable Automotive

Meanwhile prices of PS and PVC were moving upward, driven by benzene feedstock in the case of PS and suppliers’ claims of tight supply of PVC.

However, in the case of both resins, all other key drivers pointed to flat to lower tabs.

Fabric Buildings the Automotive Industry

-EIA: U.S. crude oil production continues to set records

U.S. crude oil production in each of the first five months of 2019 showed increases over their 2018 levels, with April 2019 establishing a new monthly record.

Production grew the most in the Permian region and the U.S. Gulf of Mexico.

The U.S. Energy Information Administration (EIA) initially expected the decline in crude oil prices between October and December 2018 to slow U.S. crude oil production growth for the first half of 2019.

However, several factors have contributed to increases in the U.S. production forecast. First, crude oil prices began rising in early 2019, partially offsetting the price drop seen at the end of 2018. Petrochemicals Biodegradable Automotive

In addition, crude oil prices in Midland, Texas, rose faster than the U.S. benchmark West Texas Intermediate (WTI), which is priced in Cushing, Oklahoma.

EIA: U.S. crude oil production continues to set records

-Oil Has a Shale Problem, Not an Oil Problem

The earnings erosion at Concho Resources underscores investors’ concerns are with spending on shale, not spending in general

Concerns about shale have roared in recently like a Texas tornado—sudden and violent.

Permian Basin oil-and-gas driller Concho Resources CXO -22.23% posted a 25% drop in adjusted second-quarter earnings Wednesday night despite a year-over-year increase of more than 40% in oil and natural-gas volumes. The results sent Concho’s shares plunging by over one-fifth on Thursday. Petrochemicals Biodegradable Automotive

Oil Has a Shale Problem, Not an Oil Problem

-U.S. Auto Sales Hold Steady in July

Strong truck sales were estimated to carry General Motors to a sales gain in July, according to analysts.

Sales of new vehicles held their own during July with help from cuts in interest rates and increased marketing efforts by carmakers, that are finding it more difficult to gain ground.

Nevertheless, Toyota, Honda, Subaru and Hyundai all posted modest gains. Detroit’s automakers, General Motors, Ford and Fiat Chrysler, no longer report monthly sales totals. However, analysts estimated that both GM and FCA also posted sales increased during the month on the strength of truck sales. Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Automotive

Petrochemicals Biodegradable Antibacterial 01-08-2019

INNOVIA FILM RECYCLING INTERSEROH

INNOVIA FILM RECYCLING INTERSEROH

INNOVIA’S NEW STRATA FILM AWARDED ‘MADE FOR RECYCLING’ QUALITY SEAL

INNOVIA FILM RECYCLING INTERSEROH

Innovia Films has worked with Interseroh, an Independent German recycling and consulting company, to have their newly launched high barrier BOPP Propafilm™ Strata SL film evaluated.  We are delighted that the film has been awarded a ‘very good’ rating and has been awarded the ‘Made for recycling’ logo. INNOVIA FILM RECYCLING INTERSEROH

Interseroh analyse and evaluate the packaging based on sound criteria along with the entire after-life processes (collection, sorting, recycling and processing).  The result of their stringent analysis is a scale which determines whether the packaging is non-recyclable through to very good.

Innovia Films has worked with Interseroh, an Independent German recycling and consulting company, to have their newly launched high barrier BOPP Propafilm™ Strata SL film evaluated.  We are delighted that the film has been awarded a ‘very good’ rating and has been awarded the ‘Made for recycling’ logo.

Interseroh analyse and evaluate the packaging based on sound criteria along with the entire after-life processes (collection, sorting, recycling and processing).  The result of their stringent analysis is a scale which determines whether the packaging is non-recyclable through to very good.

INNOVIA’S NEW STRATA FILM AWARDED ‘MADE FOR RECYCLING’ QUALITY SEAL INNOVIA FILM RECYCLING INTERSEROH

Alasdair McEwen, Global Product Manager Packaging, Innovia Films explains “This certification proves the recyclability of our new Strata BOPP film.  As it is a mono structure, the film performs much better in recycling than composite films and can be added to the PP closed loop and reused.”

Propafilm™ Strata SL provides a very effective barrier to aroma, mineral oils and oxygen even at high relative humidity levels ensuring increased shelf life and reduced food waste. It is glossy, is food contact compliant and chlorine free.

The film is suitable for use in a range of markets, is printable and offers a wide seal and hot tack range.

For further information contact:

Patricia Potts, Communications Manager

Innovia Films Ltd, Lowther R&D Centre, Wigton, Cumbria, CA7 9XX, UK

Tel: +44 (0) 16973 42281

Email: patricia.potts@innoviafilms.com

www.linkedin.com/company/innovia-films

Related Topics

NEW BRANDING FOR INNOVIA FILMS

Petrochemicals Biodegradable Antibacterial 01-08-2019

Petrochemicals Biodegradable Antibacterial

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price  is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 845/930 $/ton PET Bottle grade domestic market 7,000/7,100 yuan/ton PET Filament grade SD domestic market 6,800/6,900 yuan/ton – PET Filament grade BR domestic market 6,900/7,000 yuan/ton

PTA Taiwan 725/735 $/ton PTA domestic market 5,550/5,650 yuan/tonMEG  520/535 $/ton – MEG domestic market 4,350/4,450 yuan/tonPX Korea 815/825 $/ton

Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,500/8,650 yuan/ton

Petrochemicals Biodegradable Antibacterial

-INNOVIA’S NEW STRATA FILM AWARDED ‘MADE FOR RECYCLING’ QUALITY SEAL

Innovia Films has worked with Interseroh, an Independent German recycling and consulting company, to have their newly launched high barrier BOPP Propafilm™ Strata SL film evaluated.  We are delighted that the film has been awarded a ‘very good’ rating and has been awarded the ‘Made for recycling’ logo.

Interseroh analyse and evaluate the packaging based on sound criteria along with the entire after-life processes (collection, sorting, recycling and processing).  The result of their stringent analysis is a scale which determines whether the packaging is non-recyclable through to very good.

Petrochemicals Biodegradable Antibacterial

Crude Oil Prices Trend

Petrochemicals Biodegradable Antibacterial

-Nanoparticle self-migration to obtain wear-resistant UV-curing antibacterial coatings

Researchers from China revealed the fabrication of a robust and wear-resistant polyurethane-based coatings via the addition of fluoro-containing quaternary ammonium compounds (QACF) modified silica nanoparticles.

A classical Stöber process was used to obtain nanoparticles with a thin layer of thiol groups on the particle surface. Then, through double bond and thiol group reaction, QACF is then further linked to the particle surface.  Petrochemicals Biodegradable Antibacterial 

Petrochemicals Biodegradable Antibacterial

-Gabriel-Chemie masterbatch colours address black plastic recycling

Gabriel-Chemie has introduced a new solution for NIR-detectable and sortable thermoplastic masterbatch colours to help boost plastics detection and sorting during recycling.

The Austrian company is one of Europe’s leading masterbatch producers.

With  recycling sorting machines usually working with near-infrared (NIR) sensors, carbon black plastic absorb the light signal instead of reflecting it, and the product is very often not detected, and eventually sent to landfill or incineration.

he NIR reflective masterbatch is made by using special pigment formulations which enable the correspondent sorting and recycling, is food contact approved and even laser markable.

Petrochemicals Biodegradable Antibacterial

-Orders boost for FET at Techtextil and ITMA 2019

Fibre Extrusion Technology (FET), a Leeds based supplier of state-of-the-art process technology and equipment for the man-made yarns and fibre extrusion industry, has recorded its most successful ever number of customer enquiries in a short period totalling over 100, having exhibited at Techtextil Frankfurt and ITMA Barcelona in May and June.

Total enquiries are up by over 40% in comparison with the previous two exhibitions, and orders are expected to break previous records. These enquiries came in from over 20 different countries, the company reports. Petrochemicals Biodegradable Antibacterial 

Petrochemicals Biodegradable Antibacterial

-Timberland uses recycled plastic bottles in new footwear collection.

“Around the world, the use of plastic water bottles is on the rise, and many of these end up in our landfills and oceans.”

US outdoor lifestyle brand Timberland has launched a new footwear collection which uses materials made from recycled plastic bottles and recycled rubber.

The new collection is called Brooklyn EK+ and has been launched to support the company’s sustainability drive.

Petrochemicals Biodegradable Antibacterial

-Europe faces challenges in meeting plastic bottle recovery target

The European recycling industry is going to miss a 2025 target for recycling PET bottles unless there is a reversal of the slowing growth rate in recycling, according to a new study by ICIS. The study also found evidence that bottle-deposit schemes are working better as an incentive than market prices for recycled material.

In March, the European Parliament adopted the Commission-proposed Single-Use Plastics (SUP) Directive 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. This development was already supported by a range of international brands through their own recycling pledges.

Europe faces challenges in meeting plastic bottle recovery target

-Economist: Industrial sector growth prospects deteriorated

The near-term growth prospects of Estonia’s industrial sector have deteriorated, Swedbank chief economist Tõnu Mertsina said on Wednesday.

The total production of Estonia’s industrial enterprises decreased by 4 percent on year in June, with production increasing in manufacturing and decreasing in energy as well as mining, it appears from figures available from Statistics Estonia. Compared to June 2018, the production of electricity decreased by 58 percent and the production of heat by 10 percent. Petrochemicals Biodegradable Antibacterial 

Petrochemicals Biodegradable Antibacterial

-This new nanotech could help clean up Earth’s microplastics

Microplastics are everywhere–the ocean, the air, marine animals, pristine lakes, our food and, as recently discovered, in human excrement. But because they are so tiny — 5 millimeters across or smaller — microplastics are challenging to remove.

Now, scientists have designed reusable nano-sized reactors — called nanocoils — that can trigger microplastic breakdown. The work, published Wednesday in the journal Matter, could someday be applied to wastewater, cutting off the flow of microplastics before they are flushed into the environment. The study also found the broken down pieces of the microplastics could be used as carbon-based food for plant-based lifeforms like algae.

Petrochemicals Biodegradable Antibacterial

-Will the EU Miss Its 2025 Plastics Recycling Target?

Study reveals challenges with PET bottle collection.

The European recycling industry is going to miss a 2025 target for recycling PET bottles unless there is a reversal of the slowing growth rate in recycling, according to a new study by ICIS. The study also found evidence that bottle-deposit schemes are working better as an incentive than market prices for recycled material.

In March, the European Parliament adopted the Commission-proposed Single-Use Plastics (SUP) Directive 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.   Petrochemicals Biodegradable Antibacterial 

Will the EU Miss Its 2025 Plastics Recycling Target?

-Magna breaks ground on new seating plant in Ohio

The Lancaster facility represents an initial investment of approximately US$60 million, and will be Magna’s first dedicated seat structure plant in the U.S.

In an event attended by U.S. Vice President Mike Pence, Canadian auto parts maker Magna International broke ground on a new 150,000-square-foot seat structure plant in Lancaster, Ohio.

The facility represents an initial investment by Magna of approximately US$60 million, and is part of the Aurora, Ont.-based firm’s efforts to expand its seating business – it will be Magna’s first dedicated seat structure plant in the U.S. and will feature robotic laser and MIG welding capabilities.  Petrochemicals Biodegradable Antibacterial 

Magna breaks ground on new seating plant in Ohio

-Does ‘compostable’ plastic really break down?

Does ‘compostable’ plastic really break down in your home compost bin, and what does it leave behind in the soil? A two-year long experiment looks for answers.

There’s a conundrum faced by backyard composters around New Zealand: does ‘compostable’ plastic really break down in an ordinary home compost bin, and what does it leave behind when it does?

As concerns grow about micro-plastics ending up in our bodies, on our coasts, and in our food, there is a push to understand what packaging will – and won’t – break down fully in our garden composts, and whether it leaves behind any toxic contaminants.

Does ‘compostable’ plastic really break down?

Petrochemicals Biodegradable Biomass 31-07-2019

Olefin production ZhongAnUnited CoalChemical

Olefin production ZhongAnUnited CoalChemical

Zhong An United Coal Chemical launches olefin production unit in China 

Olefin production ZhongAnUnited CoalChemical

MOSCOW – On July 27, Chinese Zhong An United Coal Chemical Co. put into operation a plant for the production of olefins from coal in the city of Huanyang (Huainan, Anhui Province, China), a company source told ICIS .

According to the source, the capacity of this plant is 300 thousand tons of ethylene and 300 thousand tons of propylene.

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

According to Scan Report Company Market Report, the estimated consumption of PE in Russia amounted to 889.54 thousand tons in the first five months of the current year, which is 6% more than a year earlier.  Olefin production ZhongAnUnited CoalChemical

Deliveries of all types of polyethylene increased.  The estimated consumption of PP in the Russian market in January-May 2019 was 585.33 thousand tons, which is 14% more than in 2018.  Supplies of propylene block copolymers (PP block) and propylene homopolymers (PP homo) increased. Olefin production ZhongAnUnited CoalChemical

Zhong An United Coal Chemical Co. is a subsidiary of the Chinese company Sinopec.  The company produces coal products, bitumens and other derived products.

mrcplast.ru

Author:   Anna Larionova

Related Topics

Spot LDPE prices in Europe are at their lowest since 2010 

Petrochemicals Biodegradable Biomass 31-07-2019

Petrochemicals Biodegradable Biomass

China – Polyethylene Terephthalate

PET and it’s chain continue to be assessed mixed.

Crude oil price  increases.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 845/930 $/ton PET Bottle grade domestic market 7,000/7,100 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

PTA Taiwan 720/730 $/ton PTA domestic market 5,600/5,700 yuan/tonMEG  520/535 $/ton – MEG domestic market 4,350/4,450 yuan/tonPX Korea 805/815 $/ton

Polyester POY 150D/48F  domestic market 7,850/7.950  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,500/8,650 yuan/ton

Petrochemicals Biodegradable Biomass

-Zhong An United Coal Chemical launches olefin production unit in China 

Chinese Zhong An United Coal Chemical Co. put into operation a plant for the production of olefins from coal in the city of Huanyang (Huainan, Anhui Province, China), a company source told ICIS .

According to the source, the capacity of this plant is 300 thousand tons of ethylene and 300 thousand tons of propylene.

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

According to Scan Report Company Market Report, the estimated consumption of PE in Russia amounted to 889.54 thousand tons in the first five months of the current year, which is 6% more than a year earlier.

Petrochemicals Biodegradable Biomass

Crude Oil Prices Trend

Petrochemicals Biodegradable Biomass

-Teijin Frontier develops silk-like polyester fabric

Teijin Frontier, Teijin group’s fibres and products converting company, has developed a polyester fabric that looks and feels like fine silk. Teijin Frontier which envisions various applications for its silk-like material such as blouses and outers from thin to medium thicknesses, is targeting annual sales of 150,000 metres by fiscal year ending March 2022.

While high-function materials made with synthetic fibres are recently established as fashion trend in the market, demand also has been growing for natural-texture materials made with natural fibres. Materials in which delicate fibre fluff is expressed, or fibrillated, on the surface of the fabric for smooth textures, similar to silk or cupro, are becoming popular, but these materials have problems with colour fastness in wet condition, yarn strength, colour migration, fading due to fluff release and shape loss by washing.

Petrochemicals Biodegradable Biomass

-East Med PE, PP demand stays weak ahead of August offers

Demand in the East Mediterranean (East Med) polyolefin markets remains weak, with soft offtakes likely to extend into August.

At the Jaber-Nassib border between Jordan and Syria (Photo by ANDRE PAIN/EPA-EFE/Shutterstock)

Offers for August-loading cargoes are expected to emerge later this week.

Regional demand has been sluggish in recent years amid sluggish macroeconomic performance in Jordan, Lebanon and Syria.

Economic weakness has had a direct impact on consumption of finished goods, thereby affecting polyethylene (PE) and polypropylene (PP) packaging demand.

East Med PE, PP demand stays weak ahead of August offers

-Tri-Star claims UK first with recyclable rPET cutlery

Tri-Star Packaging is launching ‘a UK first’ – disposable cutlery which cannot only be recycled but is also made from recycled materials.

Over the past 18 months, Tri-Star Packaging and its manufacturer suppliers have been consistently developing more and more products featuring recycled PET (rPET) material.

“We recognise the need to reduce reliance on ‘virgin’ PET, accessing the post-consumer waste stream and leading the way in incorporating more and more rPET into our packaging,” said Tri-Star Packaging founder Kevin Curran. Petrochemicals Biodegradable Biomass

Petrochemicals Biodegradable Biomass

-Ardent Mills eyes sustainability initiatives

New recycling standards and electrical service upgrades are among the steps Ardent Mills has taken to reduce its environmental impact, according to a sustainability report released by the company on July 29.

In the company’s Newton, Kansas, U.S., flour mill, new recycling standards resulted in 400 tons of recycled waste last year. This is equivalent to more than 1,300 cubic yards of waste diverted from the landfill and more than 6,700 trees saved, the company said.

Petrochemicals Biodegradable Biomass

-New Tech Innovations of 2019 that Could Change the Future

Today’s world is thirsting for new tech and companies and creative people do not disappoint.

Innovations are made in order to help the world to become better and easier to live in a place, not only from a social point of view, but also from an economic one.

There are a few interesting technological innovations that came into view in 2019 that have the potential to become a solution to today’s challenges.

Petrochemicals Biodegradable Biomass

-New line of men’s swimwear is made from recycled ocean plastic

Bluebuck menswear based in London has released a line of swim trunks made from certified Seaqual yarn, produced from recycled ocean plastic collected by Spanish fishermen from the Mediterranean seabed.

To top it off, 5% of all swimwear sales are donated to the Marine Conservation Society in the UK.

The Seaqual organization is based in Spain and collaborates with local fishermen and communities to remove waste found on the ocean floor.Petrochemicals Biodegradable Biomass

Petrochemicals Biodegradable Biomass

-News in brief: July 2019

The Bio-based Industries Consortium (BIC) and fifteen industries unite to to set out their joint Vision for Europe’s bioeconomy future – a circular bio-society

This Vision  “The circular-bio society in 2050” will establish a sustainable and competitive bio-based industry in the EU enabling a circular bio-society by 2050. In this circular bio-society, informed citizens choose a sustainable way of life, supporting an economy that couples economic growth with societal well-being and respect for the environment.

The Vision focuses on four key drivers: Foster food security for a growing world population and meet its demand for sustainable products, contribute to a sustainable planet, create jobs and growth in the circular bioeconomy and achieve a circular bioeconomic society.

Bio-based Industries Consortium (BIC)

-PET Bottle Recycling Market S Overview of PET Bottle Recycling market

Here we have published a recent report that titled as PET Bottle Recycling Market which provides a brief overview of the PET Bottle Recycling market.

The worldwide PET Bottle Recycling market study report included competitive analysis, summary, PET Bottle Recycling industry dynamics, overview, and strategies of major players to remain in the global market. Petrochemicals Biodegradable Biomass

Besides this, the report also contains in-depth information related to the several clients which is considered to be the most important element for the manufacturers.

PET Bottle Recycling Market S Overview of PET Bottle Recycling market

-New Monforts Publications Chart Success In Europe And The Denim Industry

In addition to launching its new and expanded website, A. Monforts Textilmaschinen GmbH & Co. KG has issued two new publications celebrating the achievements of its major customers.

The first edition of Monforts World of European Textiles profiles a range of companies at the forefront of manufacturing in Europe serving a wide range of end-use markets – from high-end silk and polyamide fabrics for the luxury brands to nonwovens and technical textiles for digital printing, protective clothing, wallcoverings and more.

New Monforts Publications Chart Success In Europe And The Denim Industry

-South Korea seeks $350 million trade sanctions against U.S.

South Korea is seeking an annual $350 million in trade sanctions against the United States in an Obama-era dispute over tariffs on steel pipes, it said in a World Trade Organization (WTO) filing published on Tuesday.

South Korea went to the WTO in 2014 to challenge U.S. tariffs levied on oil country tubular goods (OCTG), a type of steel piping used in the energy industry.

Washington said its tariffs aimed to stop South Korea exporting the product at unfairly cheap prices. After South Korea won a partial victory at the WTO, the United States had until July 12 to comply with that ruling. Petrochemicals Biodegradable Biomass

Petrochemicals Biodegradable Biomass

-4 ways your polyester clothes are just like plastic straws

For this week’s discussion, social entrepreneur and sustainability advocate (and my good friend!) Yana Santiago shares a thing or two—four actually—about the plastic we wear but rarely talk about: polyester.  Petrochemicals Biodegradable Biomass

Yana writes:

If you’re the type to check tags and care labels on your favorite wardrobe staples, you would know that most of them are probably made from synthetic fiber or fiber-mixes. Polyester, nylon, acrylic, and other man-made yarns are now about 60 percent of the material that makes up our clothes.

With fashion companies operating on a relentless drive for innovation, with it comes overconsumption and an unbelievable amount of waste. Here are four ways your polyester clothes are just like plastic straws

4 ways your polyester clothes are just like plastic straws

-Iran To China: Buy More Of Our Oil

Following the steep decline of Iranian oil exports after the U.S. ended all waivers for Iran’s oil buyers, Iran is calling on China and other ‘friendly countries’, as it put it, to buy more crude oil from the Islamic Republic.

“Even though we are aware that friendly countries such as China are facing some restrictions, we expect them to be more active in buying Iranian oil,” Iranian Vice President Eshaq Jahangiri was quoted as saying by Iranian media. Jahangiri was meeting with Song Tao, Head of the International Liaison Department of the Communist Party of China, in Tehran this week. Petrochemicals Biodegradable Biomass

Iran To China: Buy More Of Our Oil

-Amut Group to display recycling technology at K 2019

The company will exhibit in Hall 16–A05 and Hall 3-B92.

Amut Group, headquartered in Novara, Italy, says it offers several solutions designed to support the circular economy that will be on display at K 2019, Oct. 16-23 in Dusseldorf, Germany. The company will be exhibiting in Hall 16–A05 and Hall 3-B92.

The company’s friction washer for polyethylene terephthalate/high-density polyethylene/low-density polyethylene (PET/HDPE/LDPE) features “strong cleaning force” that enable the outgoing flakes to be re-used in many applications, according to the company.

Ecoallene is produced by recycling PAOL from Tetrapack packages.

Amut will focus in part on a project carried out in partnership with Ecoplasteam, an Italian company that recycles polyethylene and aluminum polycomposite (POAL) from Tetrapack® packages. Petrochemicals Biodegradable Biomass

Amut Group to display recycling technology at K 2019

-US escalates opposition to EU titanium dioxide, cobalt classifications

New statement to WTO follows concerns raised by Russia and the Philippines

The US has stepped up its objection to an EU proposal to classify titanium dioxide as a category 2 carcinogen, asking the Commission “to take no further action” until it directly addresses WTO members on the matter.

The comments were made in a second US statement to the WTO’s Committee on Technical Barriers to Trade, circulated on 23 July – five days after the EU executive provided assurances in response to initial US concerns expressed in March.

US escalates opposition to EU titanium dioxide, cobalt classifications

Petrochemicals Biodegradable BioPolymers 30-07-2019

Polyethylene Prices European Market

Polyethylene Prices European Market

Spot LDPE prices in Europe are at their lowest since 2010 

Polyethylene Prices European Market

MOSCOW – The spot prices of Low-density polyethylene (LDPE) in the European market fell last week to the lowest level since January 2010, ICIS reported.

Thus, spot quotes for LDPE dropped to the level of EUR950 per tonne, FD NWE (North-West Europe), which is lower than the total contract price of the material at the level of EUR1,000 per tonne, FD NWE. Polyethylene Prices European Market 

LDPE is mainly produced in the domestic market, but in recent weeks some quantities of imported material have been recorded in Europe.

Most of the imports come from low-density polyethylene (LDPE) and linear polyethylene (LDL), shipped from new US facilities, although in recent weeks LDL has not been as well available as expected.

The HDPE spot prices in Europe for shipments at the end of August – September are also below the level of EUR1,000 per tonne at present, and some prices of LDPE remain above the level of EUR1,000 per tonne. Polyethylene Prices European Market 

According to the ICIS-MRC Price Review , on the Russian contract market, individual buyers stated a decrease in LDPE prices for August deliveries for some items by almost 3 thousand rubles.  per ton compared to the level of July.

The excess supply of PE on the market remains, but due to the downtime of the two plants, it is no longer so significant. Polyethylene Prices European Market 

mrcplast.ru

Author:   Margarita Volkova

Related Topics

Polyolefins Petrochemical Polymers Nylon Prices

Petrochemicals Biodegradable BioPolymers 30-07-2019

Petrochemicals Biodegradable BioPolymers

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil continues to be on roller coaster.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 845/930 $/ton PET Bottle grade domestic market 7,000/7,100 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

PTA Taiwan 720/730 $/ton PTA domestic market 5,550/5,650 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 800/810 $/ton  Polymers

Polyester POY 150D/48F  domestic market 7,750/7.850  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,450/8,600 yuan/ton

Petrochemicals Biodegradable BioPolymers

-Spot LDPE prices in Europe are at their lowest since 2010 

The spot prices of high-density polyethylene (HDPE) in the European market fell last week to the lowest level since January 2010, ICIS reported.

Thus, spot quotes for LDPE dropped to the level of EUR950 per tonne, FD NWE (North-West Europe), which is lower than the total contract price of the material at the level of EUR1,000 per tonne, FD NWE.

LDPE is mainly produced in the domestic market, but in recent weeks some quantities of imported material have been recorded in Europe.

Petrochemicals Biodegradable BioPolymers

Crude Oil Prices Trend

Petrochemicals Biodegradable BioPolymers

-Anti-dumping duty imposed on PTA imports from South Korea, Thailand

The Finance Ministry has imposed definitive anti-dumping duty on all imports of purified terephthalic acid (PTA) from South Korea and Thailand.

PTA is primary raw material in the manufacture of polyester chips, which in turn are used in a number of applications in textile, packaging, furnishings, consumer goods, resins and coatings.

Petrochemicals Biodegradable BioPolymers

-Manteco debuts at Première Vision’s Smart Creation

For the first time, Italian textile company Manteco will showcase its ultimate innovations at Première Vision’s Smart Creation this September, the fair’s cutting-edge platform showcasing visionary innovators pushing for a sustainable change and making the difference in the fashion business.

The Prato-based company is a leader in the production of New Generation Recycled Wool thanks to a specially designed KM0 traceable and circular economy model. “Behind the sustainable approach and the premium quality textiles there are generations of saper fare – knowhow, in Italian,” the company explains. “Manteco’s products are not only responsibly Made in Italy but imbued with the skills of the artisans and makers working within 10 km around the company.” Petrochemicals Biodegradable BioPolymers

Petrochemicals Biodegradable BioPolymers

-AIMPLAS’ seventh international biopolymers seminar

On 4-5 March 2020, AIMPLAS, the Valencia-based Technological Institute of Plastics, will invite international stakeholders to the city for the seventh Biopolymers and Sustainable Composites Seminar.

More than 200 people attended the sixth edition with the aim of promoting discussion among stakeholders regarding new challenges and opportunities.

The seminar will be organised around the themes of innovations in biodegradable plastic materials, plastic materials gained from renewable resources, success stories, standardisation, certification and lifecycle assessments, biotechnology and sustainable waste recovery.  Petrochemicals Biodegradable BioPolymers

Petrochemicals Biodegradable BioPolymers

-Athlone Institute of Technology becomes first institute of technology to partner with AMBER

Athlone Institute of Technology has become the first institute of technology and the eighth higher education institute to accede to the prestigious Advanced Materials and BioEngineering Research (AMBER) SFI Research Centre headquartered at Trinity College Dublin

Field of bio-materials for health and the circular economy

Fossil fuel-driven polymer sector

‘Form strategic alliances with industry’

Petrochemicals Biodegradable BioPolymers

-The life of a plastic milk bottle

Biffa, which has a busy Polymers Recycling division, explains the importance and simplicity of the milk bottle recycling process.

There are many different types of milk – full fat, semi-skimmed, organic, oat, nut, chocolate – but most of the milk that UK consumers have on their cereal and in their coffee comes from a plastic milk bottle found in the refrigeration aisle of any supermarket or corner shop. Petrochemicals Biodegradable BioPolymers

 

Petrochemicals Biodegradable BioPolymers

-Cast line for stretch film production at K Show

Amut Group will present in operation the new ACS 2000 cast line for stretch film production at the K show. Also awaited is the Q-Catcher, the recent developed patented system.

The Q-Catcher concept has been presented this year during the Stretch Film Conference in Barcelona, the Plastics Extrusion World Expo held in Cleveland, Ohio and the Chinaplas exhibition in Guangzhou but only the K Show will host its demo live for the first time.

The Q-Catcher permits the repetition of previously saved parameters with the reproduction of the film having exactly the same mechanical properties.

Cast line for stretch film production at K Show

-NRAs 2019: Recycling Facility of the Year

Clean Tech is the UK’s largest PET reprocessor. It was acquired from administration by Plastipak in 2016, for which it supplies food-grade recycled PET for inclusion in new PET preforms/bottles.

The plant in Hemswell, Lincs, has enabled significant adoption of recycled content by companies such as Coca-Cola, Princes, Harrogate Water, Highland Spring, Montgomery Water, Co-op, Radnor Hills, Belu and others. It is a significant example of a closed-loop circular economy. Petrochemicals Biodegradable BioPolymers

Petrochemicals Biodegradable BioPolymers

-Jaguar Land Rover and BASF trial recycled plastic in cars

Vehicle parts are required to meet safety and quality standards, so automotive companies are limited in the types of recycled plastic they can use.

The new partnership is part of BASF’s ChemCycling project, which uses chemical recycling of plastic to convert the waste into new products.

Jaguar Land Rover and BASF trial recycled plastic in cars

-Smart Textiles Terminology Defined In New ASTM International Standard

ASTM International’s smart textiles subcommittee (known as D13.50) has approved its first standard, a compilation of industry terms.

“The textile industry is currently experiencing a renaissance with the development of novel and emerging materials that provide opportunities for new consumer applications and markets,” says ASTM International member Carole Winterhalter.

“This new smart textile terminology standard provides the ability to objectively classify and differentiate some of these new materials and products.” Petrochemicals Biodegradable BioPolymers

Petrochemicals Biodegradable BioPolymers

-Graham Engineering to show innovative extrusion, blow moulding, and sheet systems at K

On display at Graham Engineering Corporation’s K Show booth will be innovative extrusion-based systems for medical tubing, blow moulding, sheet, and other applications, each equipped with a proprietary Navigator control system for live demonstration of its accuracy and ease of use.

Graham Engineering Revolution MVP(R) rotary wheel extrusion blow moulder

-Covestro further invests in thermoplastic composites

Covestro AG has strengthened its offerings and capabilities in continuous fiber-reinforced thermoplastic (CFRTP) composites in response to market trends and growing demand.

The company has commissioned a new tape line for the composites at its Leverkusen laboratory, where it will be developing new products with different fiber and resin combinations, the German specialty chemicals company announced July 23.

Petrochemicals Biodegradable BioPolymers

-LyondellBasell, Neste partner for bio-based plastic made from renewable materials

The partnership creates the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale.

Chemical company LyondellBasell has teamed up with Neste, said to be the world’s largest producer of renewable diesel from waste and residues, to create the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale. Petrochemicals Biodegradable BioPolymers

Petrochemicals Biodegradable BioPolymers

-Can China electrify all new passenger cars by 2030?

Electric vehicles are taking off in China but a long road lies ahead before they displace conventional vehicles.

China’s electric vehicle industry is entering a new phase of accelerating development, President Xi Jinping wrote in a congratulatory message to participants of a new energy vehicle conference in early July.

In 2018, China sold almost as many electric vehicles as the rest of the world combined.

At the same event, the chairman of Chinese electric vehicle giant BYD upped the ante, challenging China to electrify all passenger vehicles by 2030.

Can China electrify all new passenger cars by 2030?

-IITH develops low-cost, eco-friendly solar cells using ”kumkum dye”

New Delhi, Jul 29 Scientists at IIT Hyderabad have developed low-cost, environment-friendly solar cells by employing an off-the-shelf dye used to make kumkum or vermilion in India.

The dye-sensitised solar cell (DSSC) is based on New Fuchsin (NF) dye with aqueous electrolyte and platinum-free counter electrodes, according to the research published in the Solar Energy journal. Petrochemicals Biodegradable BioPolymers

IITH develops low-cost, eco-friendly solar cells using ''kumkum dye''

Petrochemicals OxoBiodegradable BioBased 29-07-2019

Polyethylene terephthalate PET China

Polyethylene terephthalate PET China

Price quotations PET in China went down amid declining quotations TPA

Polyethylene terephthalate PET China

MOSCOW – Polyethylene terephthalate (PET) price quotations in China fell last week amid falling terephthalic acid (TPA) quotes, ICIS reported.

For example, some buyers on July 23 reported lower price proposals for material at around USD930 per tonne, FOB China, although this was not confirmed by the producers, who noted that some price proposals, although they went down, were still on level USD960-975 per ton, FOB China.

Spot quotes in the week ending July 19 were in the range of USD950-970 per tonne, FOB China.

According to the ICIS-MRC price review , the demand for PET preforms in the Russian market in July was predictably lower than June.  In August, its further decline is expected.  The Chinese quotation continues to aggressively decline, so a significant increase in Russian contract and spot prices in the next two months is not expected.

mrcplast.ru

Author:   Margarita Volkova

Related Topics

-Hainan Yisheng plans to launch a new para-xylene plant in July

 

Petrochemicals OxoBiodegradable BioBased 29-07-2019

Petrochemicals OxoBiodegradable BioBased

-Price quotations PET in China went down amid declining quotations TPA

Polyethylene terephthalate (PET) price quotations in China fell last week amid falling terephthalic acid (TPA) quotes, ICIS reported.

For example, some buyers on July 23 reported lower price proposals for material at around USD930 per tonne, FOB China, although this was not confirmed by the producers, who noted that some price proposals, although they went down, were still on level USD960-975 per ton, FOB China.

Petrochemicals OxoBiodegradable BioBased

Crude Oil Prices Trend

Petrochemicals OxoBiodegradable BioBased

Polyolefins Petrochemical Polymers Nylon Prices

Petrochemicals OxoBiodegradable BioBased

-China’s Iran Oil Imports Plunge as US Sanctions Bite

As reported, the data adds to speculation that Beijing may risk running afoul of American sanctions to secure crude supplies from the Islamic Republic.

All eyes are on China’s oil purchases as Donald Trump’s administration continues to clamp down on companies and individuals flouting its restrictions.

The import-reliant Asian nation is one of the few remaining buyers of Iranian barrels, after other countries such as South Korea and Japan halted flows.

China imported about 494,000 barrels a day of Iranian crude in the first five months of this year, compared with more than 660,000 barrels a day in the same period in 2018.

Petrochemicals OxoBiodegradable BioBased

-Brazilian diplomat sees BRICS as expression of new economic reality

The BRICS group represents not an ideological manifestation, but expresses a new economic reality, Brazilian diplomat Roberto Jaguaribe said here on Friday.

Jaguaribe, who currently serves as Brazil’s ambassador to Germany and previously held the position of ambassador to China, said that the bloc, which groups Brazil, Russia, India, China and South Africa, is a reflection of the rising relevance of its member countries.

“Developing nations grow twice as fast as developed countries, and that tends to demand new forums of representation. Petrochemicals OxoBiodegradable BioBased

Petrochemicals OxoBiodegradable BioBased

-L’Oréal Is Set to Acquire Purecycle Technologies for Recycled Plastic Deal

L’Oréal is set to acquire recycled polypropylene plastic from PureCycle Technologies, which was initially developed by competitor Procter & Gamble, based on a report by BizJournal.

PureCycle Technologies is presently constructing a new plant near Cinncinati, which will produce more than 105 million pounds of polypropylene per year as of 2021.

Petrochemicals OxoBiodegradable BioBased

-NBC, Coca Cola Embark On Research For Chewable Bottles

As part of the interim solution to the environmental crisis of plastic bottles proliferation in Nigeria, the Nigerian Bottling Company (NBC), a member of the Coca Cola Hellenic Group, has upped its target to recover and recycle plastic bottles introduced into the environment by 40 per cent in 2020 from 25 per cent of the previous goal.

In a 64-page Sustainability Report launched in Lagos recently, the organization also plans to re-use 20 per cent of recycled plastic bottles by next year.

But speaking during the event, Mrs. Nwamaka Onyemelukwe, the Public Affairs & Communications Manager, Coca Cola, Nigeria, said that the main goal of the company was to increase the biodegradability of plastic bottles in the nearest future.

Petrochemicals OxoBiodegradable BioBased

-On battleground Iran, a crude China versus US standoff

AN interesting new variable is getting into the ‘crude’ play — its China versus the United States. And Iran is the battleground.

Almost three months have elapsed since the US slapped sanction on crude imports from Iran.

Washington’s intentions were clear. It wanted to bring Tehran to its knees. It wanted to bring down its crude exports to almost zero. But things don’t appear going that way. China is standing in between. Despite the US sanctions, Iranian crude continues to flow into China. Petrochemicals OxoBiodegradable BioBased

Petrochemicals OxoBiodegradable BioBased

-District-Level Monitoring Committee Meet Held in Tawang, Arunachal Pradesh

ITANAGAR: The district level monitoring committee (DLMC) meeting for implementation of solid waste management rules, 2016 and plastic waste management rules was held at Tawang in Arunachal Pradesh on Friday under the chairmanship of DC (in charge) Lobsang Tsetan.

Urban Development Department executive engineer of the district VP Singh in his address informed on the implementation of solid waste management and plastic waste management rules and sought cooperation from all the stakeholders to implement the rules to secure the future of the people, an official release informed.

Petrochemicals OxoBiodegradable BioBased

-AIMPLAS to co-host flexible products by extrusion technologies workshop

AIMPLAS, European Plastics Converters (EuPC) and Polymer Comply Europe (PCE) are to host a workshop on producing flexible semi-finished products using extrusion technologies.

The workshop, which will be held on 24 September at the PCE Conference Centre in Brussels, is aimed at company technical staff members interested in strengthening their knowledge of extrusion and control processes and technologies for producing flexible semi-finished products. Petrochemicals OxoBiodegradable BioBased

Petrochemicals OxoBiodegradable BioBased

-Recycling through better chemistry at BGSU

When Jayaraman Sivaguru was in college in his native India, he envisioned a career working with computers.

His academic performance during his first year of college was remarkable and caught the attention of a university professor. When he met with Sivaguru, he encouraged the undergraduate student to pursue chemistry rather than computers.

“Honestly, I didn’t even know chemistry was a path I could take,” Sivaguru said. “I believe that one piece of advice and that action really changed what I was going to do.”

Petrochemicals OxoBiodegradable BioBased

-China’s crude imports from Iran plunge 60%

Gulf Times) China’s crude oil imports from Iran sank almost 60% in June from a year earlier, Chinese customs data showed yesterday, following the end of a waiver on US sanctions at the start of May.

Crude shipment from Iran were 855,638 tonnes last month, or 208,205 barrels per day (bpd), data from the General Administration of Customs showed.

That compared with 254,016 bpd in May. According to Refinitiv Oil Research assessments, a total of 670,000 tonnes, or about 163,000 bpd, of Iranian crude oil was discharged in June at Tianjin in north China and Jinzhou in the northeast.

China's crude imports from Iran plunge 60%

-Textile Waste Has Increased by 811% Since 1960

According to research conducted by the Environmental Protection Agency (EPA), textile waste has increased by a massive 811% from 1960 to 2015. As reported by Retail Dive, the EPA’s stats estimate that textile waste weighed in at a hefty 16 tons as of 2015 — substantially higher than the 1.76 million tons in the ’60s.

The EPA’s data also reveals that the majority of this waste, approximately 66%, is being dumped in landfills. More than a dozen categories were analyzed in the figures, with plastics showing the largest increase in waste since 1960 at a colossal 8,746%.

Textile Waste Has Increased by 811% Since 1960

-Big Oil Flashes the Plastic

Chevron and Exxon are beefing up their petrochemicals focus as demand for fossil fuels wanes

Companies like Chevron CVX -1.52% and Exxon Mobil XOM -0.16% earned that moniker for a reason, but as the petroleum market gets less lucrative and demand projections wane, their investments have shifted.

Not long ago it was in the direction of natural gas, oil’s cleaner-burning hydrocarbon cousin. But so much of the fuel is being produced out of U.S. shale formations that the focus has shifted to adding value to it now. Investing in petrochemicals is as close as one can get to a no-brainer given the surfeit of the feedstock in North America.

Big Oil Flashes the Plastic

-Oil Flat, Seesaws On Demand Fears

Oil prices have ended the week where they started, with demand fears and inventory draws countering one another and geopolitical shocks failing to move the needle. Petrochemicals OxoBiodegradable BioBased

Oil Flat, Seesaws On Demand Fears

-PE at center of mixed resin pricing picture for June

North American prices for polyethylene resin led a chaotic market in June.

A number of PE buyers in the region saw prices fall an average of 3 cents in June.

Although the number of buyers seeing the drop was not as high as anticipated by market watchers, buyers who did not see the drop in June are expected to see it by the end of July.

The Plastics News weekly resin pricing chart showed the drop on July 1.

PE at center of mixed resin pricing picture for June

-Chevron gets the green light to stay in Venezuela — for at least another three months

Move depends on sanctions waivers

Chevron received a last-minute reprieve from the Trump administration Friday that will allow it to continue operating in Venezuela. Chevron is the last remaining major American oil company in the crisis-ravaged country.

The US Treasury Department granted Chevron a three-month extension of sanctions waivers that were scheduled to expire at midnight. Petrochemicals OxoBiodegradable BioBased

Chevron gets the green light to stay in Venezuela -- for at least another three months

-CAMX 2019 exhibit preview: Sicomin Epoxy Systems

Sicomin Epoxy Systems is featuring its line of advanced epoxy systems and high-performance composite solutions, including MaxCore, its new sandwich core infusion technology, and the latest addition to the GreenPoxy range, SR Greenpoxy 28, its new bio-resin specifically formulated for high-pressure resin transfer molding (HP-RTM).

Inaugural National Composites Week to recognize, promote and celebrate composites manufacturing  Petrochemicals OxoBiodegradable BioBased

Sicomin Epoxy Systems (Marseille, France) is featuring its line of advanced epoxy systems and high-performance composite solutions, including MaxCore, its new sandwich core infusion technology, and the latest addition to the GreenPoxy range, SR Greenpoxy 28, its new bio-resin specifically formulated for high-pressure resin transfer molding (HP-RTM). In addition, Sicomin is showcasing clear, fire-retardant and foaming epoxy systems.

CAMX 2019 exhibit preview: Sicomin Epoxy Systems

-Braskem ends plans to build cracker and PE resin units in West Virginia

Brazilian petrochemicals firm Braskem SA is looking to sell a site in West Virginia where it had planned to build a plant that would have included polyethylene resin.

“Due to a number of recent inquiries about its site in Parkersburg, Braskem has engaged a financial adviser to help evaluate strategic alternatives for the site,” West Virginia Department of Commerce press secretary Andy Malinoski said in a statement sent to Plastics News. Petrochemicals OxoBiodegradable BioBased

Braskem ends plans to build cracker and PE resin units in West Virginia Brazilian petrochemicals firm Braskem SA is looking to sell a site in West Virginia w

-Ruyi Group plans IPO on Sci-tech Innovation Board for Lycra in China

Ruyi Group ,one of the leading textiles and fashion companies in China, held the launching ceremony of Lycra’s Science and Technology Innovation Board in Jining headquarters.

This launching ceremony announced that Lycra is landing on the capital market and entering a substantive stage of operation.

On January 31, 2019, Ruyi Group has completed its acquisition of INVISTA’s Apparel & Advanced Textiles business, including a robust portfolio of highly respected Lycra Brand.

It is paying about $2.6 billion for the business and going to further expand in the high-end spandex field through this acquisition.

The new company will operate as The LYCRA Company.

Polyolefins Petrochemical Polymers Nylon Prices

Polyolefins Petrochemical Polymers Nylon

Polyolefins Petrochemical Polymers Nylon

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM22/07/201929/07/2019+/-
Bottle grade PET chips domestic market7,425 yuan/ton7,050 yuan/ton-375
Bottle grade PET chips export market955 $/ton920 $/ton-35
Filament grade Semidull chips domestic market7,025 yuan/ton6,800 yuan/ton-225
Filament grade Bright chips domestic market7,150 yuan/ton6,900 yuan/ton-250
Pure Terephthalic Acid PTA domestic market6,230 yuan/ton5,470 yuan/ton-760
Pure Terephthalic Acid PTA export market775 $/ton 720 $/ton-55
Monoethyleneglycol MEG domestic market4,470 yuan/ton4,540 yuan/ton+70
Monoethyleneglycol MEG export market542 $/ton552 $/ton+10
Paraxylene PX FOB  Taiwan market845 $/ton841 $/ton-4
Paraxylene PX FOB  Korea market826 $/ton822 $/ton-4
Paraxylene PX FOB EU market744 $/ton742 $/ton-2
Polyester filament POY 150D/48F domestic market8,120 yuan/ton7,750 yuan/ton
-370
Recycled Polyester filament POY  domestic market7,600 yuan/ton7,300 yuan/ton-300
Polyester filament DTY 150D/48 F domestic market9,450 yuan/ton9,150 yuan/ton-300
Polyester filament FDY 68D24F domestic market 9,050 yuan/ton8,700 yuan/ton-350
Polyester filament FDY 150D/96F domestic market8,350 yuan/ton7,950 yuan/ton-400
Polyester staple fiber 1.4D 38mm domestic market7,950 yuan/ton7,320 yuan/ton-630
Caprolactam CPL domestic market12,550 yuan/ton12,400 yuan/ton
-150
Caprolactam CPL overseas  market1,480 $/ton1,470 $/ton-10
Nylon6 chips overseas  market1,750 $/ton1,780 $/ton+30
Nylon6 chips conventional spinning domestic  market13,350 yuan/ton13,150 yuan/ton-200
Nylon6 chips  high speed spinning domestic  market13,350 yuan/ton13,200 yuan/ton-150
Nylon 6.6 chips domestic  market25,000 yuan/ton24,300 yuan/ton-700
Nylon6 Filament POY 86D/24F domestic  market15,900 yuan/ton15,900 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market18,500 yuan/ton18,500 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market16,850 yuan/ton16,900 yuan/ton+50
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,500 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,250 yuan/ton8,350 yuan/ton+100
Benzene domestic market5,325 yuan/ton5,230 yuan/ton-95
Benzene overseas  market673 $/ton669 $/ton -4
Ethylene South East market750 $/ton750 $/ton
Ethylene NWE  market949 $/ton916 $/ton-33
Acrylonitrile ACN  domestic market11,000 yuan/ton11,500 yuan/ton+500
Acrylonitrile ACN  overseas market1,550 $/ton1,550 $/ton
Acrylic staple fiber ASF  domestic market15,700 yuan/ton15,500 yuan/ton-200
Viscose Staple Fiber VSF  domestic market11,700 yuan/ton11,600 yuan/ton-100
PP Powder domestic market8,625 yuan/ton8,675 yuan/ton+50
Naphtha overseas market  501 $/ton504 $/ton
+3
Phenol domestic market 7,700 yuan/ton7,700 yuan/ton
PS Taiwan 5250 GPPS1,195 $/ton1,190 $/ton-5
PS Taiwan 8250 HIPS1,315 $/ton1,320 $/ton+5
LDPE CFR Far East 1,012 $/ton1,002 $/ton-10
LLDPE CFR Far East952 $/ton927 $/ton-25
LDPE   FOB Middle East999 $/ton989 $/ton-10
LLDPE FOB Middle East939 $/ton914 $/ton-25
HDPE CFR Far East1,009 $/ton979 $/ton-30
LDPE FD Northwest Europe 1,003 €/ton983 €/ton-20
LLDPE FD Northwest Europe 983 €/ton963 €/ton-20

Polyolefins Petrochemical Polymers Nylon Polyolefins Petrochemical Polymers Nylon Polyolefins Petrochemical Polymers Nylon Polyolefins Petrochemical Polymers Nylon Polyolefins Petrochemical Polymers Nylon Polyolefins Petrochemical Polymers Nylon

Petrochemicals OxoBiodegradable Polymers 27-07-2019

 

-New plastic discovered: Solution to pollution?

Plastic packaging pundit Chandler Slavin comments on a new “infinitely recyclable” plastic that redefines the economics of packaging recycling. Poly(diketoenamine) or PDK could offer a solution to waste and pollution in the oceans.

Environmental dread, that pang you feel in your chest when you read another story about the decay of our natural environment. Plastics pollution in particular, a magnifying glass through which we see our over-consumptive, throwaway society.

Plastic packaging has long been the scapegoat of our collective environmental anxiety: We touch it, we recycle it—yet it persists in our natural environment. This is because there is no easy money in recycling.

Petrochemicals OxoBiodegradable Polymers

-New plastic for food packaging is infinitely recyclable

A new packaging plastic aims to leapfrog the paltry U.S. recycling rates of around 30% for polyester and high-density polyethylene—the two highest recycled packaging plastics, according to Environmental Protection Agency stats. Meet PDK, poly(diketoenamine), a new potential game-changing polymer that can be manufactured, used, recycled and re-used—without losing its properties or value.

Developed by researchers at the U.S. Department of Energy’s (DOE) Lawrence Berkeley National Laboratory, PDK is described as recyclable plastic that, “like a Lego playset, can be disassembled into its constituent parts at the molecular level, and then reassembled into a different shape, texture, and color again and again without loss of performance or quality,” according to a press release on the Berkeley Lab website.

Petrochemicals OxoBiodegradable Polymers

-Steiger 3D knitting machine for technical textiles debuts at ITMA

At the quadrennial ITMA 2019 textile machinery exhibition, which was held last month in Barcelona, the new Steiger Vega 3.130 compact flat knitting machine for technical textiles was unveiled. The highly anticipated launch had been announced at a pre-ITMA 2019 press conference held by Swissmem in Lucerne in March.

Steiger, which is now part of the Cixing Group – the world’s largest manufacturer of flat knitting machines – is celebrating its 70th anniversary in 2019 and is still manufacturing at its plant in Vionnaz, Switzerland, as well as in China.

Petrochemicals OxoBiodegradable Polymers

-Bio-based Polyamide Market: Present Scenario and the Growth Prospects with Forecast 2025

Onkar Patil Bio-based Polyamide Analysis, Bio-based Polyamide Growth

The report comes out as an intelligent and thorough assessment tool as well as a great resource that will help you to secure a position of strength in the global Bio-based Polyamide market. It includes Porter’s Five Forces and PESTLE analysis to equip your business with critical information and comparative data about the Global Bio-based Polyamide Market. We have provided deep analysis of the vendor landscape to give you a complete picture of current and future competitive scenarios of the global Bio-based Polyamide market. Our analysts use the latest primary and secondary research techniques and tools to prepare comprehensive and accurate market research reports.

Petrochemicals OxoBiodegradable Polymers

-Slow demand for PA 6 for packaging applications

The market for polyamide (PA 6) for packaging applications was quiet as July began.

Producers said that processors had emptied their warehouses so demand was weaker than usual.

Supply was abundant, which is also the result of the situation facing the ailing automotive industry. Prices softened between June and July, although this downward trend had sometimes begun back in May.

Petrochemicals OxoBiodegradable Polymers

-U.S. And China Face Off In Iranian Conflict

China’s relationship with Iran is being put to the test after US president Trump slammed sanctions on Chinese state-run energy company Zhuhai Zhenrong for allegedly violating restrictions imposed on Iran’s oil sector.

U.S. Secretary of State Mike Pompeo stated that the sanctions were put in place as the company engaged in the sale and delivery of Iranian oil without a waiver provided by Washington. This action can be seen as another step in Trump’s sanctions agenda to bring the regime on its knees.

U.S. And China Face Off In Iranian Conflict

-World’s first polyamide beads foam developed in Japan

With ongoing disruptive megatrends in the automotive industry, auto OEMs and suppliers are facing strong pressure to innovate according to materials supplier Asahi Kasei.

“New, innovative solutions are in high demand,” the Japanese firm says. The company claims that its newly developed polyamide (PA) beads foam offers unique possibilities for lightweight and noise reducing applications.

Petrochemicals OxoBiodegradable Polymers

-Regenerated, recycled yarn at Yarn Expo Autumn

Regenerated and recycled yarn will be a main attraction of the Yarn Expo Autumn 2019 which will feature a wide array of different yarn and fibre materials. The show, to be held during September 25 – 27, 2019 will showcase sustainably-produced regenerated cellulose fibres, along with plenty of recycled options that close the loop in the fashion industry.

Regenerated yarns and fibres can be found from exhibitors such as Birla, overseas newcomers Else Bornewa (Turkey), Hai Thien Synthetic Fibre (Vietnam) and Henbang Textile Vietnam (Vietnam), as well as domestic exhibitors.

Petrochemicals OxoBiodegradable Polymers

-SPC Impact 2019 and the role of bioplastics in sustainable packaging

The packaging industry gathered in Seattle in early April for SPC Impact 2019, an event held by the Sustainable Packaging Coalition (Charlottesville, VA) to review the latest trends and innovations in reducing the environmental impacts of packaged goods.

I had the privilege of participating in a panel exploring the impact of bioplastics on the industry today and how it may evolve in the future. Here are three key takeaways that were covered during the session.

Petrochemicals OxoBiodegradable Polymers

-Coperion and Coperion K-Tron at K 2019

In keeping with the motto ‘Making more out of your plastics’, Coperion and Coperion K-Tron will exhibit a variety of new and continuing developments of their technological solutions for plastics processing at K 2019.

Coperion will demonstrate how, by using energy and other resources responsibly, even plastics can be manufactured sustainably.

The focus will be on recycling and upcycling, as well as processing of biodegradable plastics.

-Boris Johnson vows to ditch EU rules on GM crops

In his first day in office, new prime minister controversially returns his brother to former brief as science and universities minister, while pledging to liberate UK bioscience and develop UK satnav rival to Galileo

Boris Johnson pledged to abandon European environmental rules that have curtailed development of genetically modified (GM) crop plants and farm animals in the UK, in his first speech as prime minister on Wednesday.

“Let’s liberate the UK’s extraordinary bioscience sector from anti-genetic modification rules. Let’s develop the blight-resistant crops that will feed the world,” Johnson said.

Boris Johnson vows to ditch EU rules on GM crops

Petrochemicals OxoBiodegradable Plastic 26-07-2019

Petrochemicals OxoBiodegradable Plastic

China – Polyethylene Terephthalate

PET and it’s chain continue to be weak, only the MEG is steady.

Crude oil is on roller coaster.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 845/930 $/ton PET Bottle grade domestic market 6,950/7,050 yuan/ton PET Filament grade SD domestic market 6,750/6,850 yuan/ton – PET Filament grade BR domestic market 6,850/6,950 yuan/ton

PTA Taiwan 725/735 $/ton PTA domestic market 5,550/5,650 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 810/820 $/ton  Polymers

Polyester POY 150D/48F  domestic market 7,750/7.850  yuan/tonPolyester DTY 150D/48F  domestic market 9,100/9,200  yuan/tonPolyester Staple PSF domestic market 7,450/8,600 yuan/ton

Petrochemicals OxoBiodegradable Plastic

Crude Oil Prices Trend

Petrochemicals OxoBiodegradable Plastic

-Rising Demand for Plastic Compounds in Automotive Industry is Expected to Fuel the Growth of Global Plastic Compounding Market

The global plastic compounding market is expected to witness a robust growth from 2019 to 2027.

The growth of the market is majorly attributed to a rising adoption of plastic compounds in various industries such as manufacturing, healthcare, and in the automotive industry.

The growth is also the result of a rising adoption of eco-friendly plastic compounds to lower down the pollution caused by various industries.

The Plastic Compounding Market is expected to reach the Value of US$ 95,000 Mn

According to the report by Transparency Market Research report, the global plastic compounding market is expected to exhibit a consistent growth of 5.0% CAGR during the forecast

Petrochemicals OxoBiodegradable Plastic

-Asahi Kasei to increase production capacity for Lamous artificial suede

Asahi Kasei (Tokyo, Japan; www.asahi-kasei.co.jp) has decided to expand its plant for Lamous artificial suede in Nobeoka, Miyazaki Prefecture, Japan, by four million m2/yr, increasing the total production capacity to 14 million m2/yr upon completion in 2021.

Dyed by Italian company Miko, Lamous is sold under the brand name Dinamica in Europe.

Lamous is a premium artificial suede featuring a unique three-layered microstructure.

Because of its luxurious smooth texture and flexibility in design as well as superior environmental characteristics, the material can be found worldwide in a wide variety of applications including automotive interiors, furniture upholstery, IT accessories, or apparel.

Petrochemicals OxoBiodegradable Plastic

-European Biotech Week

The European Biotech Week celebrates biotechnology, an innovative and vibrant sector launched by the discovery of the DNA molecule back in 1953.

The first European Biotech Week that took place in 2013 marked the 60th anniversary of this pivotal moment in history. This momentous occasion opened the door to a better understanding of the world we live in both for scientists and for society.

Petrochemicals OxoBiodegradable Plastic

-Petroleo Brasileiro: A Dip And A Reason To Buy The Brazilian Oil Company

Petroleo Brasileiro SA (PBR) is a Brazilian oil, natural gas, and energy company that is involved in prospecting, drilling, refining, processing, trading, and transporting crude oil from off and onshore oil fields and shale producing areas.

The gas and power segment of the company is involved in the generation of electricity.

PBR is one of many natural resource companies in South America’s most populous nation that has the highest GDP in the region. Petrochemicals OxoBiodegradable Plastic

Petrochemicals OxoBiodegradable Plastic

-The Expo 2020 shirts will be made out of recycled plastic!

This is recycling on another level

Yas, plastic can be made into T-shirts. Who knew?!

Regardless of whether you may or may not have heard of clothing manufacturer DGrade, you will be surprised by the things they do.

The clothing company has been working with its supply chains in China and India to use fabric made of shredded plastic is now about to kick off this process in its 3,500-square-metre recycling plant in Dubai this year. Petrochemicals OxoBiodegradable Plastic

Petrochemicals OxoBiodegradable Plastic

-PP nucleating breakthroughs redefine automotive material design

Plastics are being reinvented by breakthroughs in polypropylene (PP) nucleating technology that are redefining the materials used in vehicle manufacture.

By allowing companies to improve and substitute materials, Milliken’s Hyperform range of nucleating agents for polypropylene (PP) “create exciting possibilities and perspectives for new products and the redesign of existing products and components. The materials can improve the speed and efficiency of the operations, leading to reduced costs and better productivity,” it says. The 150-year-old company has developed research, design and manufacturing expertise that reaches across a breadth of disciplines including specialty chemicals, floor covering, and performance and protective textiles. “For us, success is when discoveries made within Milliken help us all have more meaningful connections with the world,” says the company.

Automotive Industries (AI) asked Allen Jacoby, Vice President Plastics Additives at Milliken & Company, how the company’s chemical expertise serves the automotive sector.

Petrochemicals OxoBiodegradable Plastic

-Global auto sector to contract 4.5% this year as recovery drifts – BASF CEO

Global automotive sector woes are not expected to recede until 2020, BASF CEO Martin Brudermuller said on Thursday, projecting a global decline for the sector of 4.5% this year.

A collapse in automotive sector demand and production had been expected to rebound in the second half of 2019 but, with economic indicators growing progressively weaker rather than stronger as the year goes on, a fast recovery is looking increasingly unlikely, according to Brudermuller. Petrochemicals OxoBiodegradable Plastic

Global auto sector to contract 4.5% this year as recovery drifts

-Trend-Setting PET Concepts: KHS Focuses on Circular Economy at the K Show

New PET bottle combines relevant sustainability aspects

Practical line solutions contribute to environmental protection

KHS looks toward positive business development

KHS presents a new PET concept at the K Show based on the juice bottle as an example. It combines individual environmentally friendly packaging solutions in one container and thereby supports the theory of circular economy.

The system provider shows how efficiency and sustainability go hand in hand by offering further line-compatible container solutions in addition to its Bottles & ShapesTM service offering.

With these technologies, KHS provides its customers support in the conversion to an environmentally friendly and resource-conserving packaging portfolio.

Trend-Setting PET Concepts: KHS Focuses on Circular Economy at the K Show New PET bottle combines relevant sustainability aspects

-ExxonMobil begins production at new US PE line

ExxonMobil has begun production at a new 650,000 tonnes/year high performance polyethylene (PE) line in Beaumont, Texas, the company announced on Wednesday.

Planned expansion at ExxonMobil’s Beaumont, Texas integrated site will increase the facility’s polyethylene production capacity by 65%. (Photo courtesy of ExxonMobil)

With the addition of the new production line, the total PE capacity of Exxon’s Beaumont site has been raised to 1.7m tonnes/year. Petrochemicals OxoBiodegradable Plastic

Exxon’s new line is the latest addition to a large and ongoing wave of PE capacity expansion in the US, which has seen over 4m tonnes/year of new PE capacity added in the country since 2017.

Petrochemicals OxoBiodegradable Plastic

-Viewpoint: There will be no crop biotech revolution unless scientists, consumers learn to talk to each other

Advancements in crop genomics and molecular biology are enabling us to combat plant pests, disease, environmental stresses as well as enhance nutrition and plant growth. However, being at the forefront of agricultural biotechnology raises both societal questions and concerns, as well as the need for new regulatory oversight. It is imperative that scientists bridge the gap and enable an open, global dialogue so that all are informed.

Coming at the heels of the EU ruling to regulate genome edited (bioedited) crops in 2018, live births of bioedited human twins were reported in China. Petrochemicals OxoBiodegradable Plastic

Petrochemicals OxoBiodegradable Plastic

-Alpek Polyester joins The Recycling Partnership

Alpek Polyester announces that it has joined The Recycling Partnership as an active member in support of the organization’s goals of increasing residential recycling rates and the need for increased availability of recycled materials to enable the creation of circular business models. Specifically, it is the goal of Alpek Polyester to support efforts to improve the availability of recycled PET (rPET) to meet growing customer needs for higher rPET content in end-use products.

Alpek Polyester is one of the largest recyclers of PET (Polyethylene Terephthalate) bottles in the U.S. and is the largest producer of PET in the Americas. “We are happy to join The Recycling Partnership to promote and increase PET recycling rates,” said Jon McNaull, VP of PET at Alpek Polyester.“PET is a versatile and outstanding packaging material that is fully recyclable and brings great value to its many end-uses.”

Alpek Polyester joins The Recycling Partnership

-Polypropylene (PP) Prices Drift Lower In FEA

This week, PP prices in Far East Asia drifted lower. The price fall, was attributed to weaker regional demand trends coupled with a drop in PP futures on the Dalian Commodity Exchange in China.

CFR Far East Asia, PP raffia and PP injection prices, were assessed at the USD 1030/mt levels, a sharp week on week decrease of USD 25/mt. PP film prices were assessed lower at the USD 1060/mt levels, a drop of USD 15/mt from the last week. BOPP prices were also assessed at the USD 1055/mt levels, a week on week fall of USD 20/mt. PP block copolymer prices, were assessed at the USD 1090/mt levels, a drop of USD 15/mt from the previous week.  Petrochemicals OxoBiodegradable Plastic

Polypropylene (PP) Prices Drift Lower In FEA

Petrochemicals Biotech General News 25-07-2019

NPP POLYPLASTIC thermoplastic composite

NPP POLYPLASTIC thermoplastic composite

NPP POLYPLASTIC in September will launch a new line in Engels 

NPP POLYPLASTIC thermoplastic composite

MOSCOW  – NPP POLYPLASTIC, Russia’s largest producer of thermoplastic composite materials, plans to put into operation a new line in Engels in September of this year, reported Business-Vector with reference to the results of the technical council meeting on first half of the year, held July 18th.

So, at the site in Engels, a new line is currently being installed, equipped with equipment from the Italian company Maris.  An overpass for the new line is also being built on the industrial site.  This work should be completed by the end of July.

The capacity of the new line will be 1 thousand kg of products per hour.

According to the managing partner of the POLYPLASTIC Research and Production Enterprise Andrei Menshov, the new production line will primarily work for the needs of the automotive industry. NPP POLYPLASTIC thermoplastic composite

“Maris line is designed for the production of various polymers, practically it is an addition to the product line that we now have. It will mainly produce products for our leading automotive companies. A capacity of 1,000 kg per hour will add about 3- 4 thousand tons of products per year, which is a significant increase for our site in Engels, “he said.

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

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

mrcplast.ru

Author:   Margarita Volkova

Related Topics

-Solvay highlights thermoplastic composites developments at K 2019

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

Petrochemicals Biotech General News 25-07-2019

Petrochemicals Biotech General News

China – Polyethylene Terephthalate

PET and it’s chain continue to be weak, only the MEG is steady.

Crude oil is on roller coaster.

Polyamide 6 and its chain are weak.

Acrylonitrile is in health.

PET Bottle grade export 845/930 $/ton PET Bottle grade domestic market 7,050/7,150 yuan/ton PET Filament grade SD domestic market 6,850/7,000 yuan/ton – PET Filament grade BR domestic market 6,900/7,000 yuan/ton

PTA Taiwan 735/745 $/ton PTA domestic market 5,700/5,800 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,350/4,500 yuan/tonPX Korea 825/835 $/ton  Polymers

Polyester POY 150D/48F  domestic market 7,800/7.900  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 8,100/8,250 yuan/ton

Petrochemicals Biotech General News

-NPP POLYPLASTIC in September will launch a new line in Engels 

NPP POLYPLASTIC, Russia’s largest producer of thermoplastic composite materials, plans to put into operation a new line in Engels in September of this year, reported Business-Vector with reference to the results of the technical council meeting on first half of the year, held July 18th.

So, at the site in Engels, a new line is currently being installed, equipped with equipment from the Italian company Maris.  An overpass for the new line is also being built on the industrial site.  This work should be completed by the end of July.

Petrochemicals Biotech General News

Crude Oil Prices Trend

Petrochemicals Biotech General News

-Sidel acquires French mold maker

Sidel Group acquires French mold maker Cognac Moules Emballages Plastiques.

Swiss Packaging machinery and equipment supplier Sidel Group has acquired Cognac Moules Emballages Plastiques (COMEP), a French producer and designer of molds for PET blow molding.

Founded in Salles-d’Angles in 1998, COMEP is specialized in the design and manufacturing of molds for PET bottles and produces over 4,000 molds per year for customers around the world.

Petrochemicals Biotech General News

-Bio-Based Polyethylene Terephthalate Market Export and Import

Coherent Market Insights recently published a detailed study of ‘Bio-Based Polyethylene Terephthalate’ Market covering interesting aspects of market with supporting development scenario ranging from 2018-2026. The Report delivers the clean elaborated structure of the Market comprising each and every business-related information of the market at a global level. The complete range of information related to the Global Bio-Based Polyethylene Terephthalate Market is obtained through various sources and this obtained bulk of information is arranged, processed, and represented by a group of specialists through the application of different methodological techniques and analytical tools such as SWOT analysis to generate a whole set of trade-based study regarding the Bio-Based Polyethylene Terephthalate. Petrochemicals Biotech General News

Petrochemicals Biotech General News

-Aramark Launches New Eco-Conscious Apparel Line Made Using REPREVE®

Aramark is launching an exclusive new WearGuard® Eco Collection that offers an apparel solution for customers committed to minimizing their impact on environment, it was announced today.

The eco-conscious apparel is created with recycled fiber blends, including traditional recycled polyester, oyster shell polyester and REPREVE® performance fiber manufactured entirely from recycled plastic bottles.

Petrochemicals Biotech General News

-Coca-Cola leaves Plastics Industry Association as it aims to reduce its consumption of plastic

‘We withdrew earlier this year as a result of positions the organization was taking that were not fully consistent with our commitments and goals,’ a Coca-Cola spokeswoman said

Coca-Cola Co. has exited the Plastics Industry Association, and PepsiCo Inc. plans to leave the lobbying group, moves that come amid mounting scrutiny of the amount of plastic that food and beverage businesses produce. Petrochemicals Biotech General News

-Coca-Cola leaves Plastics Industry Association

-KraussMaffei brews ‘new blend of plastics expertise’ ahead of K

by: Norbert SparrowK ShowInjection MoldingSustainability, Recycling, Business, Extrusion: Pipe & ProfileJuly 23, 2019

“I like coffee, but above all else what I really like is a good blend,” said KraussMaffei CEO Frank Stieler at the recent K 2019 Preview in Düsseldorf, Germany. With that gustatory metaphor, Stieler went on to explain how changes going on within the Munich-based company that engineers injection molding, extrusion and reaction process technology systems will achieve a “new blend of plastics expertise.”

KraussMaffei brews ‘new blend of plastics expertise’ ahead of K

-Waitrose to replace black plastic trays with multi-coloured recyclable ones

Supermarket Waitrose & Partners has announced that it will use coloured plastic trays instead of black plastics.

The new trays will be a different colour every time depending on the material being recycled.

This is because they are being made from mixed coloured PET bottles and trays, meaning customs may buy the same product but with a different colour tray.

Petrochemicals Biotech General News

KraussMaffei brews ‘new blend of plastics expertise’ ahead of K

Efforts to keep old textiles out of landfill traditionally have hit a major snag – what to do with the significant portion of products made from a blend of cotton and polyester, which can’t be recycled?

But a new solution from BlockTexx promises to solve that problem. The Sydney-based company, founded less than two years ago by retail veterans Adrian Jones and Graham Ross, has found a way to break down poly-cotton blended textiles into their raw materials so they can be repurposed as other products. Petrochemicals Biotech General News

Breakthrough tech gives old clothes new life

-Tolsa to announce expansion of ADINS flame-retardant synergist line at K 2019

Tolsa, a leader supplier of flame retardant synergists and specialised additives for the wire and cable, construction, railway, transportation, and electronics industries, has launched an extension of its ADINS range of flame-retardant additives for PP, PVC, rubber polymer systems, and silicones.

The new ADINS Clay synergists deliver reduced smoke production and improved heat release in PP, PVC, and rubber polymer systems, in addition to the existing FR additives used in other polymers.

Antonio Esteban, Technical Manager for Tolsa’s Special Additives Business Unit, said: “Our unique FR technology continues to evolve and we see continuing growth for clay synergists in a wide range of systems that require the highest standards of flame retardancy.”

-Tolsa to announce expansion of ADINS flame-retardant synergist line at K 2019

-Research finds recycled glass can be used as substitute when creating polymer concrete

Researchers from Deakin University have discovered that old glass can be used as a substitute for sand to make a type of concrete commonly used in the construction industry.

The recycled or waste glass can be used instead of sand when making polymer concrete, a material often used in industrial flooring.

Senior Engineering Lecturer Dr Riyadh Al-Ameri said the addition of glass resulted in a stronger product that was less costly to produce. Petrochemicals Biotech General News

Research finds recycled glass can be used as substitute when creating polymer concrete

-KFC commits to recycled fiber-based packaging in MENA region

Will work with suppliers to be 100% fiber-based by the end of 2020

American fried chicken brand KFC has committed to use 100% fiber-based packagaing from certified or recycled sources by the end of 2020 throughout MENA.

Mr. Sabir Sami, General Manager, KFC, Yum! Brands, ME- North Africa- Pak, Turkey and Asia added, “At KFC, environmental sustainability is a core business focus for us, and we continuously work towards developing new solutions that help us better our waste and packaging management. By adopting fiber-based solution for our packaging we believe we can make a truly positive impact while also providing sustainable choices to our consumers.”

KFC commits to recycled fiber-based packaging in MENA region Will work with suppliers to be 100% fiber-based by the end of 2020

-KIPIC expands Al-Zour refinery with Honeywell technology

The Kuwait Integrated Petroleum Industries Company (KIPIC) has awarded Honeywell UOP the reconfiguration of the refining and petrochemical sections of its Al-Zour refinery

UOPREF0084 2The facility will become the largest integrated refinery and petrochemicals plant in Kuwait. (Image source: Honeywell)

Honeywell UOP, a licensor of refining and petrochemical process technology, will revise the configuration and capacity of the gasoline production facilities of the refinery.

The company will also supply licenses for technology, design services, main equipment, and catalysts and adsorbents to produce clean-burning fuels, paraxylene, propylene and other petrochemicals. Petrochemicals Biotech General News

KIPIC expands Al-Zour refinery with Honeywell technology

-RECOUP and Valpak show Diss way to recycle

Plastics recycling charity RECOUP has joined forces with environmental compliance firm Valpak to deliver a scheme direct to schools to equip them and their pupils to be able to #sortitout when it comes to plastics recycling.

Diss High School in Norfolk, UK is one of the schools to take part in recycling games and workshops to help them to understand what they can recycle locally, and the journey plastics packaging undertakes when recycled.

Petrochemicals Biotech General News

Petrochemicals Biotech Circular Economy 24-07-2019

Petrochemicals Biotech Circular Economy 24-07-2019

Petrochemicals Biotech Circular Economy

China – Polyethylene Terephthalate

PET and it’s chain continue to be very weak.

Crude oil is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 850/935 $/ton PET Bottle grade domestic market 7,150/7,250 yuan/ton PET Filament grade SD domestic market 6,900/7,050 yuan/ton – PET Filament grade BR domestic market 6,950/7,050 yuan/ton

PTA Taiwan 745/755 $/ton PTA domestic market 5,750/5,850 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,350/4,500 yuan/tonPX Korea 830/840 $/ton  Polymers

Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,250/9,350  yuan/tonPolyester Staple PSF domestic market 8,200/8,350 yuan/ton

Petrochemicals Biotech Circular Economy

Crude Oil Prices Trend

Petrochemicals Biotech Circular Economy

-Plant-based plastics can make a difference

It is undeniable that plastic waste contributes to the earth’s ecological devastation and issues in human health.

In 2017, industrial ecologist, Roland Geyer, led a study on the ‘Production, use and fate of all plastics ever made’ and estimated that there are more than 8.3 billion metric tons (Mt) of plastics that have been produced since the 1950s.

The study also found that in 2015, only nine percent of plastics have been recycled, 12 percent incinerated and 79 percent accumulated in landfills or the ocean. If this trend continues, it is expected that roughly 12,000 Mt of plastic waste will be in landfills or the natural environment by 2050.

Petrochemicals Biotech Circular Economy

-European ACN sources prepare for H2, monitor supply restrictions

With a tough first half of the year behind them, acrylonitrile (ACN) sources are now turning attention to the final six months of 2019, which looks set to deliver more challenges for some players.

INEOS Nitriles Seal Sands embarking on outage

Protracted contract talks

Contradictory messages; falling spot and tight supply

The European supply situation for ACN is still tight and, while many customers are more relaxed than they were a few months ago with regards to supply, spot material on offer remains scarce. Petrochemicals Biotech Circular Economy

European ACN sources prepare for H2, monitor supply restrictions

-Only Iran-US tensions supporting crude oil prices; outlook bearish

The crude oil market would keep a close watch on developments in the Middle East.

Oil prices have been swinging higher and lower depending on shifting sentiment between the US and Iran as well as from the US-China trade negotiations.

Buyers put in a premium for Hurricane Barry, but other than halting production for a couple of days, the storm did little to disrupt supply. Prices got pressurised after the reports that production in Gulf of Mexico increased after Hurricane Barry passed through region without inflicting major damage on the oil platforms.

Since there was no supply disruption, speculative buyers were forced to liquidate.

Petrochemicals Biotech Circular Economy

-Index of Russia chemical production up by 2.8% in first half

Russia’s output of basic chemicals increased by 2.8% in the first six months of 2019 year on year, according to data from the country’s official statistics agency.

The production of chemical products in June rose by 5.5% month on month.

According to the Federal State Statistics Service of the Russian Federation (Rosstat), ethylene accounted for the largest increase in production year on year – 260,000 tonnes of ethylene were produced in June, compared to 262,000 tonnes a month earlier.

In January-June, 1,578,000 tonnes of this olefin were produced, up by 3.8% year on year.

Index of Russia chemical production up by 2.8% in first half

-INSIGHT: Petchem/energy players best placed to capture circular economy opportunities

When are the world’s energy and chemical companies really going to start to apply longer-term thinking to plastics recycling and the circular economy?

The current focus, understandably, is on single use plastics, largely packaging materials. Producers are becoming more involved in the processing of plastic waste, the goal often being to recycle back to the monomer. Technically, advances are being made.

But beyond that, the companies that know how to manipulate molecules, effectively and efficiently, can be the ones that have great influence on and benefit the most within the circular economy. Petrochemicals Biotech Circular Economy

Petrochemicals Biotech Circular Economy

-Crude oil slow to support US base oil increases

Crude oil prices have been slow to support US base oil prices during July, despite snug supply in some viscosity grades and good demand factors provided by the summer uptick in driving and use of motor oils.

One US base oil posted price increase emerged in July. Group II producer Chevron announced a 20 cent/gal increase on all its viscosity grades effective 2 July.

Petrochemicals Biotech Circular Economy

-Reliance-Aramco talks on refinery stake sale said to stall

Shares of Reliance erased earlier gains and fell as much as 1.6 per cent in Mumbai.

Billionaire Mukesh Ambani’s Reliance Industries’s talks to sell a minority stake in its refinery business to Saudi Arabian Oil Co. have stalled on differences over the deal’s structure, people with knowledge of the matter said.

Aramco is concerned about Reliance’s proposal to shift some debt of the wider group to its refinery business ahead of the transaction, said the people, who asked not to be named as the discussions are private. The Indian company is working on alternatives and negotiations could still resume and lead to a compromise in the coming months, the people said. Petrochemicals Biotech Circular Economy

Reliance-Aramco talks on refinery stake sale said to stall

-Annual post-consumer PET collection rate growth needs to more than double to hit 2025 targets

Recycled polyethylene terephthalate (R-PET) food-grade pellet (FGP) prices have reached a record-high spread with virgin polyethylene terephthalate (PET) and colourless R-PET flake values have reached sustained parity with virgin PET for the first time in 2019.

Demand remains driven by rising fast-moving consumer goods (FMCG) sustainability targets, EU legislation and changing consumer attitudes to single-use plastics.

Petrochemicals Biotech Circular Economy

-Coca-Cola European Partners Debut Recycled Plastic Water Bottles

Coca-Cola European Partners announced that its Honest, Glacéau Smartwater and Chaudfontaine brands soon will be packaged in bottles made from 100% rPET recycled plastic.

The new bottles will be phased in between the end of 2019 and 2020, with rPET replacing some 9,000 tonnes (about 9,921 tons) of virgin plastic annually across Western Europe.

Petrochemicals Biotech Circular Economy

-Weekly resin report: Sharp discounts materialize in spot PE, PP markets

The resin markets and industry breathed a collective sigh of relief as Tropical Storm Barry came and went without causing any significant disruptions. It did, however, leave a trail of heightened trading activity and, to the delight of resin buyers, lower prices.

Spot resin offerings were heavy and sharper discounts were seen for both polyethylene (PE) and polypropylene (PP) railcars, particularly for off-grade material, reports the PlasticsExchange (Chicago) in its weekly Market Update. Petrochemicals Biotech Circular Economy

Petrochemicals Biotech Circular Economy

-Nylon and capro demand to suffer from automotive sector weakness until 2020

European nylon and caprolactam markets are under pressure from weak demand in the automotive sector.

Restructuring of the industry due to CO2 regulations has had a significant impact, and some car manufacturers have announced factory closures, indicating that recovery before 2020 has become more unlikely. Petrochemicals Biotech Circular Economy

Nylon and capro demand to suffer from automotive sector weakness until 2020

-SABIC introduces new compounded resins to reduce plastic waste

he Riyadh (Saudi Arabia)-based leading manufacturer of petrochemicals, SABIC has introduced its LNP™ ELCRIN™ iQ portfolio of polybutylene terephthalate (PBT) compounded resins. The company said in its recent release that it is derived from recycled polyethylene terephthalate (rPET) and supports the circular economy while helping to substantially reduce plastic waste.

SABIC is encouraging the use of recycled resins by chemically upcycling primarily single-use water bottles discarded by the consumers into higher value PBT materials with enhanced properties and making them suitable for more durable applications.

Petrochemicals Biotech Circular Economy

-CAMX 2019 exhibit preview: Izumi International Inc.

Izumi offers various kinds of winders, creels, warp and weft feeding and tensioning devices for carbon fiber and other critical high-performance fibers.

Izumi International Inc. (Greenville, S.C., U.S.) was founded in 1977 in Greenville, South Carolina, and established itself by providing cutting-edge technology primarily for the Japanese water jet and air jet weaving machines.

CAMX 2019 exhibit preview: Izumi International Inc. Izumi offers various kinds of winders, creels, warp and weft feeding and

Petrochemicals Bioplastic Crude Oil 23-07-2019

Petrochemicals Bioplastic Crude Oil 23-07-2019

Petrochemicals Bioplastic Crude Oil

China – Polyethylene Terephthalate

PET and it’s chain are very weak.

Crude oil is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 860/945 $/ton PET Bottle grade domestic market 7,250/7,350 yuan/ton PET Filament grade SD domestic market 6,950/7,100 yuan/ton – PET Filament grade BR domestic market 6,950/7,100 yuan/ton

PTA Taiwan 760/770 $/ton PTA domestic market 5,900/6,000 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 835/845 $/ton  Polymers

Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,250/9,350  yuan/tonPolyester Staple PSF domestic market 8,250/8,400 yuan/ton

Petrochemicals Bioplastic Crude Oil

Crude Oil Prices Trend

Petrochemicals Bioplastic Crude Oil

-EQUATE Speaks of Plastic Recycling and Innovations

At UN High-Level Political Forum On Sustainable Development

Press Release

Kuwait: The EQUATE Group, a global producer of petrochemicals, participated in the Voluntary National Review (VNR) of the State of Kuwait held during the United Nations’ High-Level Political Forum On Sustainable Development in New York, showcasing the Company’s investments and initiatives in supporting sustainable development.

Petrochemicals Bioplastic Crude Oil

-Government to develop standards for alternative plastics

The government is seeking evidence to develop standards for biodegradable, compostable and bio-based plastics, and an understanding of their environmental impacts.

Government is calling for advice to identify gaps and provide expert advice on the overall sustainability of bio-based and biodegradable plastic products in comparison with those made from other materials. Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Challenges Facing Recycled Polyester

RecyclingbottlesReusing waste and limiting the introduction of virgin materials are of tremendous economic and environmental value.

Stemming from stories about the effect of plastic pollution on animals to microplastics in the Marianas Trench, awareness is growing about the impact of plastic waste on the environment.

This, plus awareness of sustainable materials, has led to increased consumer adoption of environmentally friendly products with special attention given to polyethylene terephthalate (PET), also known as polyester.

Petrochemicals Bioplastic Crude Oil

-Nordmann distributing Kolon TPEs in Europe

Written by European Rubber Journalemail share icon  twitter share icon  linked in share icon

Hamburg, Germany – German distributor Nordmann – formerly known as NRC Group – has been selected as the official distributor for Kolon Plastics’ Kopel-branded thermoplastic copolyester elastomers (TPE-C) in Europe

Effective 1 July, the agreement covers all Europe, excluding Nordic countries and Turkey, Nordmann said 17 July.

The Kopel product line includes general grades, upper molecular weight grades as well as high resilience grades.Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Biome Technologies warns of ‘modest’ loss as revenue dips

Biome Technologies on Monday warned investors to expect a modest interim loss after staff costs jumped and revenue dropped due to lower sales from the Stanelco RF division.

The bioplastics and radio frequency technology business said its revenues for the first half of the year were £3.6m, down from £4.4m over the comparable period last year, as the Stanelco RF division’s revenues slipped from £3.5m to £2.2m due to a return to more normalised sales levels of fibre optic furnaces following exceptional demand in 2018.

Biome Technologies warns of 'modest' loss as revenue dips

-Braskem, Kautex Maschinebau, and Erema to demonstrate closed plastic loop at K 2019

Braskem, Kautex Maschinebau, and Erema will come together at K 2019 to show their closed plastic loop initiative.

The companies will showcase solutions for every step within the plastics recycling process, including recycling technologies, as well as software tools and engineering and integration services for plastics recycling projects.

Nordmann distributing Kolon TPEs in Europe

-Archroma launches new formaldehyde-free curing binder

Archroma, a global leader in colour and specialty chemicals towards sustainable solutions, has recently launched at ITMA its new Helizarin LTC New liq, a formaldehyde-free low temperature curing binder for pigment printing on all kinds of fibres. The innovation was developed in compliance with ‘The Archroma Way: safe, efficient, enhanced, it’s our nature’.  Petrochemicals Bioplastic Technology Recycling

Helizarin LTC New is a binder designed for low temperature curing or no curing. This allows to reduce the fixation temperature and time compared to conventional pigment printing processes. In addition, manufacturers will not experience the change of shades that sometimes occur with high temperature processes, said Archroma in a press release.

Nordmann distributing Kolon TPEs in Europe

-Single-use plastics: Government consults on standards for greener alternatives

It aims to identify gaps and get expert advice on the overall sustainability of bio-based and biodegradable plastic products

The government is seeking evidence to help develop standards and an understanding of the environmental impacts of greener alternatives to single-use plastics.

It has launched a consultation on biodegradable, compostable and bio-based plastics and follows the announcement to ban products such as plastic straws and drink stirrers in England from April 2020. Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Government consults on bio-plastics

A government consultation will seek evidence to help develop standards for biodegradable, compostable and bio-based plastics.

Defra and the department for business, energy and industrial strategy are seeking expert evidence on the sustainability of bio-based and biodegradable plastics in comparison with conventional plastic materials.

They will also consider views on existing plastic degradation standards and how they could be promoted without adverse effect, as well as looking at how standards for biodegradable plastics will be designed to ensure they fully biodegrade in a reasonable time frame.

Petrochemicals Bioplastic Crude Oil

-China’s Plastic Pipe Industry Conference signals further growth

The Plastic Pipes Conference Association (PPCA) announces that papers delivered during the sixth China International Plastic Pipe Conference will point towards further growth in what has already become the world’s largest manufacturing base for such pipe systems.

The event in Guangzhou takes place on 18-19 November 2019 and is expected to attract a record number of participants.

Zoran Davidovski, Chair of the PPXX organising committee co-hosting the event with the Chinese Plastics Piping Association (CPPA), said: “China has become the largest producer and consumer of plastic pipes systems in the world. Petrochemicals Bioplastic Crude Oil

Petrochemicals Bioplastic Crude Oil

-Napapijri launches 100% recyclable jacket

Skidoo Infinity is the latest and most advanced iteration of Napapijri’s iconic Skidoo jacket. © NapapijriBlazing a trail in circular innovation, Napapijri, a subsidiary of VF, one of the world’s largest apparel, footwear and accessories companies, has combined innovative technology, cutting-edge design, and sustainability with the launch of Skidoo Infinity, a jacket designed to be 100% recycled and made from Econyl recycled material by Aquafil.

Developed, tested, and fine-tuned over the course of three years, Skidoo Infinity is the latest and most advanced iteration of Napapijri’s iconic Skidoo jacket, which was first designed in 1987.

Napapijri launches 100% recyclable jacket

Petrochemicals Bioplastic Technology rPET 22-07-2019

India antidumping duties polyvinylchloride

India antidumping duties polyvinylchloride

India has extended anti-dumping duties on PVC from the USA and China 

India antidumping duties polyvinylchloride

MOSCOW – India has extended anti-dumping duties (ADD) on polyvinyl chloride (PVC) imported from the United States and China, while simultaneously removing those that apply to Thai goods, with immediate effect, reports ICIS .

According to the documents, anti-dumping duties were extended to Chinese and American PVC for 30 months from July 18, 2019 due to an investigation.

The anti-dumping duty from the US manufacturer Oxy Vinyls was reduced to USD49.1 per ton from USD115.54 per ton;  while for Westlake Vinyls Co was saved at USD29.99 per ton. India antidumping duties polyvinylchloride

PVC from other US manufacturers is subject to a duty of USD115.54 per ton.

PVC anti-dumping duties from Chinese manufacturers Tianjin LG Bohai Chemical, Tianneng Chemical, Xinjiang Shengxiong Chlor-Alkali, Chiping Xinfa PVC, CNSG Jilantai Salt Chlor-Alkali Chemical and Yibin Haifeng Herui were reduced to USD61.14 per tonne , 27 per ton.

All Chinese-made PVC materials will be subject to duties of USD147.96 per ton.

In general, India imposes customs duties of 10% on PVC from the USA and China and a 5% duty on PVC from Thailand. India antidumping duties polyvinylchloride

According to the ICIS-MRC Price Review , in Russia demand for PVC in the second half of the month was noticeably asleep, many consumers agreed on all of their July shipments in late June – early July.  The prices of the Russian resin reached a historic record, which is largely due to the stop for the prevention of two manufacturers at once.  This week, the preventive simple Bashkir soda company started, but, contrary to the expectations of some manufacturers, there is no serious shortage of PVC on the market.




India antidumping duties polyvinylchloride

PVC demand in South Asia declines

MOSCOW – Demand for polyvinyl chloride (PVC) in South Asia declined during the rainy season, ICIS reported, citing market participants.

Market participants are waiting for new proposals for the August deliveries from Northeast Asia, which are expected to be announced next week.

Increasing precipitation in some parts of India led to a decrease in demand, and an increasing number of buyers took a break to wait for the seasonal monsoon to end.

According to ICIS, in the second week of July, PVC prices did not change and amounted to USD860-890 per ton, CFR India in the week ending July 12.

According to the ICIS-MRC Price Review , in Russia demand for PVC in the second half of the month was noticeably asleep, many consumers agreed on all of their July shipments in late June – early July.  India antidumping duties polyvinylchloride

The prices of the Russian resin reached a historic record, which is largely due to the stop for the prevention of two manufacturers at once.  This week, the preventive simple Bashkir soda company started, but, contrary to the expectations of some manufacturers, there is no serious shortage of PVC on the market.

mrcplast.ru

Author:   Anna Larionova

-“Russia Bankruptcy Factory Auto” is locked

 

Polyethylene prices Europe downtrend 

Polyethylene prices Europe downtrend

Spot PE prices in Europe in a downtrend

Polyethylene prices Europe downtrend

MOSCOW – The spot prices for polyethylene (PE) in Europe are at or below the ethylene July contract – EUR1,000 per tonne, FD NWE (northwest Europe), ICIS reports, citing market participants.

All types of polyethylene are in a downtrend in the second half of June and July against the background of a wide supply of imported material – mainly linear low density polyethylene (LDL) and low pressure polyethylene (HDPE) – while mainly in the domestic market of high pressure polyethylene (LDPE) also decreased. Polyethylene prices Europe downtrend

There is a sufficient supply of all types of PE, and the demand is mixed, with many buyers buying only to fulfill current orders.

According to the ICIS-MRC Price Review , demand for polyethylene in the Russian market is still low, many market participants state that demand is worse than the June level, and in almost all sectors of consumption.  Polyethylene prices Europe downtrend

After active purchases in June, some processors are in no hurry to replenish their inventories.  As a result of the week, both the rise in prices and a decline were recorded.

mrcplast.ru

Author:   Anna Larionova

Related Topics

-Borouge construction black polyethylene

Polyolefins Petrochemical Polymers Naphtha Prices

Polyolefins Petrochemical Polymers Naphtha

Polyolefins Petrochemical Polymers Naphtha

Polyestertime Polymers Petrochemical Polyester Prices

ITEM15/07/201922/07/2019+/-
Bottle grade PET chips domestic market7,550 yuan/ton7,425yuan/ton-125
Bottle grade PET chips export market975 $/ton955 $/ton-20
Filament grade Semidull chips domestic market7,450 yuan/ton7,025 yuan/ton-425
Filament grade Bright chips domestic market7,575 yuan/ton7,150 yuan/ton-425
Pure Terephthalic Acid PTA domestic market6,360 yuan/ton6,230 yuan/ton-130
Pure Terephthalic Acid PTA export market800 $/ton 775 $/ton-25
Monoethyleneglycol MEG domestic market4,275 yuan/ton4,470 yuan/ton+195
Monoethyleneglycol MEG export market528 $/ton542 $/ton+14
Paraxylene PX FOB  Taiwan market880 $/ton845 $/ton-35
Paraxylene PX FOB  Korea market861 $/ton826 $/ton-35
Paraxylene PX FOB EU market776 $/ton744 $/ton-32
Polyester filament POY 150D/48F domestic market8,370 yuan/ton8,120 yuan/ton
-250
Recycled Polyester filament POY  domestic market7,750 yuan/ton7,600 yuan/ton-150
Polyester filament DTY 150D/48 F domestic market9,800 yuan/ton9,450 yuan/ton-350
Polyester filament FDY 68D24F domestic market 9,350 yuan/ton9,050 yuan/ton-300
Polyester filament FDY 150D/96F domestic market8,770 yuan/ton8,350 yuan/ton-420
Polyester staple fiber 1.4D 38mm domestic market8,230 yuan/ton7,950 yuan/ton-280
Caprolactam CPL domestic market12,550 yuan/ton12,550 yuan/ton
Caprolactam CPL overseas  market1,480 $/ton1,480 $/ton
Nylon6 chips overseas  market1,750 $/ton1,750 $/ton
Nylon6 chips conventional spinning domestic  market13,600 yuan/ton13,350 yuan/ton-250
Nylon6 chips  high speed spinning domestic  market13,550 yuan/ton13,350 yuan/ton-200
Nylon 6.6 chips domestic  market25,500 yuan/ton25,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market16,000 yuan/ton15,900 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,350 yuan/ton18,500 yuan/ton+150
Nylon6 Filament FDY  70D/24F  domestic  market16,850 yuan/ton16,850 yuan/ton
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,500 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,150 yuan/ton8,250 yuan/ton+100
Benzene domestic market5,420 yuan/ton5,325 yuan/ton-95
Benzene overseas  market705 $/ton673 $/ton -32
Ethylene South East market710 $/ton750 $/ton+40
Ethylene NWE  market960 $/ton949 $/ton-11
Acrylonitrile ACN  domestic market11,000 yuan/ton11,000 yuan/ton
Acrylonitrile ACN  overseas market1,600 $/ton1,550 $/ton-50
Acrylic staple fiber ASF  domestic market15,700 yuan/ton15,700 yuan/ton
Viscose Staple Fiber VSF  domestic market11,750 yuan/ton11,700 yuan/ton-50
PP Powder domestic market8,775 yuan/ton8,625 yuan/ton-150
Naphtha overseas market  538 $/ton501 $/ton
-37
Phenol domestic market 7,700 yuan/ton7,700 yuan/ton
PS Taiwan 5250 GPPS1,200 $/ton1,195 $/ton-5
PS Taiwan 8250 HIPS1,320 $/ton1,315 $/ton-5
LDPE CFR Far East 1,002 $/ton1,012 $/ton+10
LLDPE CFR Far East952 $/ton952 $/ton
LDPE   FOB Middle East989 $/ton999 $/ton+10
LLDPE FOB Middle East939 $/ton939 $/ton9
HDPE CFR Far East1,009 $/ton1,009 $/ton+10
LDPE FD Northwest Europe 1,003 €/ton1,003 €/ton-30
LLDPE FD Northwest Europe 983 €/ton983 €/ton-10

Polyolefins Petrochemical Polymers Naphtha Polyolefins Petrochemical Polymers Naphtha PolyolePolyolefins  Polyolefins Petrochemical Polymers NaphthaPolyolefins Petrochemical Polymers NaphthaPetrochemical Polymers

 

Petrochemicals Bioplastic Technology rPET 22-07-2019

Petrochemicals Bioplastic Technology rPET

Polyolefins Petrochemical Polymers Naphtha Prices

Petrochemicals Bioplastic Technology rPET

-India has extended anti-dumping duties on PVC from the USA and China 

India has extended anti-dumping duties (ADD) on polyvinyl chloride (PVC) imported from the United States and China, while simultaneously removing those that apply to Thai goods, with immediate effect.

According to the documents, anti-dumping duties were extended to Chinese and American PVC for 30 months from July 18, 2019 due to an investigation.

India has extended anti-dumping duties on PVC from the USA and China 

-Spot PE prices in Europe in a downtrend 

The spot prices for polyethylene (PE) in Europe are at or below the ethylene July contract – EUR1,000 per tonne, FD NWE (northwest Europe), ICIS reports, citing market participants.

All types of polyethylene are in a downtrend in the second half of June and July against the background of a wide supply of imported material – mainly linear low density polyethylene (LDL) and low pressure polyethylene (HDPE) – while mainly in the domestic market of high pressure polyethylene (LDPE) also decreased.

There is a sufficient supply of all types of PE, and the demand is mixed, with many buyers buying only to fulfill current orders.

Spot PE prices in Europe in a downtrend 

Crude Oil Prices Trend

Petrochemicals Bioplastic Technology rPET

-Global automotive sector continues to shrink, hitting chemicals profits

The global automotive sector continues to shrink and act as a brake on demand for chemicals across most regions, leading to industry warnings of lower 2019 profitability.

Skoda Auto factory in Mlada Boleslav, Czech Republic. Source: Shutterstock

With no end in sight to the US-China trade war, and other factors such as Brexit hitting consumer sentiment, sales of big-ticket items like automobiles are falling as people hesitate before making purchases. Figures for June show a worsening year-on-year situation compared with May in all main markets except China.

In China, the world’s largest car market, June sales fell by 9.6%, an improvement on May’s disastrous 16.4% collapse. However companies have resorted to steep discounting which means many are selling vehicles at a loss.

Petrochemicals Bioplastic Technology rPET

-Century Enka Ltd board approves appointment of Smt. Rajashree Birla as Chairperson

The Board of Directors of Century Enka Ltd at its meeting noted with profound sorrow the sad demise of its respected Chairman Shri B.K. Birla on 3rd July, 2019. Shri B.K. Birla was an eminent industrialist, a passionate philanthropist and an avid educationist. The Board recalled his legendary stewardship over several decades and applauded his stellar contribution to the growth of the company.

Shri B.K.Birla was the key architect in conceiving the Nylon Yarn Project in 1965 with foreign collaborators and in forming Century Enka Limited.

Petrochemicals Bioplastic Technology rPET

-Britain warns Iran of ‘serious consequences’ if British-flagged oil tanker not released

Britain’s Foreign Secretary Jeremy Hunt warned Iran of “serious consequences” if it does not release a British-flagged oil tanker it seized in the strategic Strait of Hormuz waterway on Friday, although he ruled out “military options.”

The seizing of the “Stena Impero” potentially marks the most significant escalation in tensions between Iran and the West since they began rising in May, about a year after the United States pulled out of an international accord aimed at Iran’s nuclear program.

Britain warns Iran of 'serious consequences' if British-flagged oil tanker not released

-Crude Oil Breaks Down – Target $40

We are writing to you today to suggest that Oil prices may attempt to find very brief support near $55.25 as this level represents a key price trigger level which acts as support/resistance. After such a big downside move for the week, it is our opinion that Oil will briefly hold near this $55.25 level as oil tries to hold support for a couple of days.

Our incredible ADL predictive modeling system predicted a moderate price anomaly on July 10th, 2019 in Crude Oil.  Petrochemicals Bioplastic Technology rPET

Petrochemicals Bioplastic Technology rPET

-Why the circular economy road should be taken in Italy -( Italian Language Only)

Speaking of circular economy has become fashionable: it is evoked on every occasion, like a miraculous medicine, but often remains confined to the level of utterance, of slogans to be used in political debates when you want to make you believe you are able to ‘fly high ‘.

As usual we fall into the old national vice, to state the efficacy of a solution without however adopting it, while waiting for providence to get our hands on it.

Petrochemicals Bioplastic Technology rPET

-Versarien receives graphene orders from Japanese automotive company

Versarien LogoVersarien, UK-based advanced materials engineering group, has announced that it has secured its first graphene orders from the North American corporate research and development center of a Japanese headquartered company.

This customer was described as a global automotive components company that has operations in over 40 countries, employing in excess of 250,000 people.

Versarien receives graphene orders from Japanese automotive company

-Optical offline inspection system detects color deviations of plastic pellets

Sikora offers in addition to control and sorting technologies optical inspection systems for sample inspection of plastic pellets. The Purity Concept V inspects automatically small amounts of pellets and is therefore used for quality assurance in incoming goods inspection, production control and follow-up inspection. The system detects reliably contamination such as black specks. As the Purity Concept V (V = visual) is equipped with a color camera, color deviations of the pellets are detected as well.

For sample inspection and analysis with the Purity Concept V, up to 3,000 pellets (100 g), placed on a sample tray, are being moved through the inspection area. Within seconds, a camera inspects the material, contaminated pellets are detected and analyzed. The detected contamination is highlighted in color on the monitor image as well as on the sample tray.  Petrochemicals Bioplastic Technology rPET

Optical offline inspection system detects color deviations of plastic pellets

-PET bottle resin prices take a surprising summer dip

Prices for PET bottle resin took a 2-cent fall in June, surprising market watchers.

Bottle-grade resin typically maintains higher prices in the summer, when demand for bottled water and carbonated soft drinks — two major PET end markets — is high.

But PET prices had taken surprising price drops of 3 cents in May and 1 cent in April as well. Regional PET prices now are down a net of 4 cents per pound since Jan. 1.

PET bottle resin prices take a surprising summer dip

-Starlinger releases new woven plastics fabric sack collection

Starlinger has released its newest packaging solution, the AD*STAR block-bottom valve sack, which combines the advantages of a paper sack with those of woven plastic fabric.

Starlinger has also released the AS*STAR easy, ICSTAR liner, and AD*STAR *ultra, which open up diverse applications as well as new markets for Starlinger customers.

Starlinger releases new woven plastics fabric sack collection

-Bioplastics and Biodegradable Plastics Market is Booming Worldwide | Packaging, Fibers, Agriculture, Medical, Others

Trends, market share, opportunities and forecast in Bioplastics and Biodegradable Plastics market from 2023 in terms of PHA, PLA, PCL, PBS/PBSA, by applications including Packaging, Fibers, Agriculture, Medical, Others and major Bioplastics and Biodegradable Plastics market influencers such as NatureWorks, BASF, Metabolix, FP International, BIO-ON, Mitsui Norin, Hisunplas, kINGFA, Novamont, Biotec, Cereplas, Craftech Industries, Metabolix, PHBIndustrial, Kaneka, Wuhan Huali Environmental Technology, Korllin and others. Petrochemicals Bioplastic Technology rPET

Bioplastics and Biodegradable Plastics

-Graham Packaging targets 100 percent recyclability

Global packaging firm’s sustainability report portrays a commitment to recycling.

Lancaster, Pennsylvania-based Graham Packaging has announced the release of its 2018 Annual Sustainability Report. The company, which describes itself as a global leader in the design and manufacturing of innovative and sustainable plastic packaging, says the report provides an overview of its “commitment to helping create a circular economy, which aims to minimize waste through the use of available resources.”

“We understand the ubiquitous role plastic plays in the daily lives of consumers,” says Mike King, CEO of Graham Packaging. “As leaders in the plastic packaging industry, Graham Packaging has always been driven to find sustainable solutions for our customers.

Petrochemicals Bioplastic Technology rPET

-Pakistan’s gradual transition into a circular economy of plastics

Plastic, being impervious to water, low-cost and highly durable, is used by Pakistanis in their everyday lives in many forms, as it also is throughout the world.

Due to its unrivalled functionality, its production and use is increasing more than any other known material.

From transporting products to contributing to improved health outcomes and reducing food wastage by prolonging its life, plastic is providing inexpensive solutions with high performance for everything.  Petrochemicals Bioplastic Technology rPET

Pakistan’s gradual transition into a circular economy of plastics

-When biodegradable plastic is not actually biodegradable

The idea of a “biodegradable” plastic suggests a material that would degrade to little or nothing over a period of time, posing less of a hazard to wildlife and the environment. This is the sort of claim often made by plastic manufacturers, yet recent research has revealed supposedly biodegradable plastic bags still intact after three years spent either at sea or buried underground. So un-degraded were these bags that they were still able to hold more than two kilos of shopping.

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

When biodegradable plastic is not actually biodegradable

-Tesla patents new soft, durable fabric for vehicle seats

Transportation and energy company Tesla is reportedly working on a new type of soft and durable fabric to make seating in its electric vehicles last longer. The development, termed ‘load-bearing fabric architecture’ that can withstand varying loads, was revealed in a new patent application filed by Tesla last year that recently became public.

Premium textiles used now in automotives are made of fine wool that have an excellent soft hand feel, but are not durable enough to withstand abrasive loads caused by repeated passenger ingress and egress. Since the wool in such textiles is delicate, the textile can only be used in smaller areas that do not undergo repeated stress.

Tesla patents new soft, durable fabric for vehicle seats

-BAC installs Haydale graphene-enhanced prepreg in race car

Haydale has announced that its graphene-enhanced prepreg has been incorporated in the composite tooling and automotive body panels in the new Briggs Automotive Company (BAC) Mono R. Haydale is a global solutions company from the US, enhancing applications of materials by changing their essential properties using graphene and nano-materials.

BAC, working alongside both Haydale and Pentaxia, built the light-weight BAC Mono R body using Haydale’s graphene-enhanced carbon composite materials. The component parts have been formed using Haydale’s graphene-enhanced tooling materials. The outcome of the process for manufacturing the body parts is a full visual carbon material which can be lacquered or painted as required.

BAC installs Haydale graphene-enhanced prepreg in race car

-Adopting circular design is “good for business” says Adidas eco-innovation leader

Embracing the circular economy and closed-loop design is the only way for brands to achieve business success while safeguarding the planet, according to a senior member of the innovation team at Adidas.

The circular economy “is the solution,” said Dharan Kirupanantham, who is an eco-innovation programme leader at the sportswear brand. “We don’t see it any other way.”

“This is not just good for the planet; this is good for business,” Kirupanantham told Dezeen.  Petrochemicals Bioplastic Technology rPET

Adopting circular design is "good for business" says Adidas eco-innovation leader


-Get a Glimpse of the Latest Technology Innovations in 2019 and Beyond

A lot of promising new technologies are gaining popularity throughout the world these days. In fact, a report from the World Economic Forum (WEF) stated that some of these breakthrough innovations are expected to impact the social and economic order around the world radically.

According to WEF chief technology officer Jeremy Jurgens, technology plays a critical role in finding solutions to the challenges that people are facing these days. He added that the emerging technologies of 2019 would demonstrate the rapid pace of human innovation. Thus, it showcased a glimpsed into a sustainable future.

Bioplastics For The Circular Economy

A new breakthrough technology concept that promotes circular economy through the use of lignin or cellulose from plant waste has been tested.

Instead of using biodegradable plastic, which lacks conventional material strength, this concept will increase it without using crops that could then be used for food.

Petrochemicals Bioplastic Technology rPET

Petrochemicals Bioplastic Biopolymers Sorting 20-07-2019

Petrochemicals Bioplastic Biopolymers Sorting

-Ioniqa takes first 10 kiloton PET upcycling factory into operation

With the commissioning of the first 10 kiloton plant in the Netherlands Ioniqa honours their promise, made earlier this year, to achieve endless upcycling of PET plastics on an industrial scale. Petrochemicals Bioplastic Biopolymers Sorting

Tonnis Hooghoudt, Ioniqa’s CEO and Founder, said: “Taking in and upcycling all types of PET plastics at this scale (including coloured PET), into high-grade raw materials for food grade packaging, can even make us close the oil tap for making new PET plastic!”

Petrochemicals Bioplastic Biopolymers Sorting

-Exploring Colour’s Impact on Wellness with INVISTA Antron® carpet fibre

Compiled by INVISTA Antron® carpet fibre in collaboration with trend expert Anne Marie Commandeur of Stijlinstituut Amsterdam, the Antron Global Colour Trend Forecast delivers fascinating insight into the colours and themes shaping commercial interiors through 2020.

Now in its fifth edition, the Antron Global Colour Trend Forecast 2019/2020 maps how colour will impact commercial space through four key themes; Play, Primal, Reflect and Grow. Each theme explores how colour influences our state of wellness and helps people to feel happy and comfortable in their workplace. Petrochemicals Bioplastic Biopolymers Sorting 

Petrochemicals Bioplastic Biopolymers Sorting

-Benvic invests in biopolymers, buys up PVC compounders in Poland and Italy

Alfa PVC vinyl granules and soft PVC tubing

Belgian plastics compounder Benvic Europe continues to strengthen its position across Europe with recent acquisitions of other PVC compounding companies in Italy and Poland.

At the start of this year, Benvic of Jemeppe, Belgium confirmed its purchase of the family-owned Warsaw, Poland-based compounder Alfa PVC which runs a modern plant at Witkowo in Raciąż district, north of the capital, producing soft and rigid vinyl granulate.

Benvic invests in biopolymers, buys up PVC compounders in Poland and Italy

-New Research Study on PET Packaging market predicts steady growth till 2024

The rising technology in PET Packaging market is also depicted in this research report. Factors that are boosting the growth of the market, and giving a positive push to thrive in the global market is explained in detail.

PET Packaging Market competition by top manufacturers as follow: , Toyo Seikan Kaisha, ALPLA, Pactiv, Amcor, Graham Packaging, Berry Global, Plastipak, Sonoco, Sidel, RPC Group, Pact Group, Coveris, Consolidated Container, Southeastern Container, Silgan Plastics, Logoplaste, Retal, Nampak, Resilux

Petrochemicals Bioplastic Biopolymers Sorting

-Coca-Cola and Merlin In Reverse Vending Recycling Partnership

Coca-Cola and Merlin Entertainment have joined forces to offer a 50 per cent discount, in respect of entry to some of the UK’s best-known attractions, to customers who use reverse vending machines to recycle 500mm plastic bottles.

That discounts apply to some 30 major destinations, including Alton Towers Resort, Thorpe Park Resort, Chessington World of Adventures Resort; the LEGOLAND® Windsor Resort and Warwick until 31st March 2020. Petrochemicals Bioplastic Biopolymers Sorting 

Petrochemicals Bioplastic Biopolymers Sorting

-Eastman debuts sustainable packaging

Eastman Trēva, unveiled during Luxe Pack New York in May, is a cellulose-based plastic for opaque and colour-tinted packaging.

It can serve as a direct replacement for ABS but has a biocontent of over 40%, enabling brands to progress towards sustainability commitments.

Petrochemicals Bioplastic Biopolymers Sorting

DOMO Chemicals, a leading integrated high quality material engineering company,  underlines its position as one of the main providers of nylon film solutions in Europe by renaming its business currently known as cfp flexible packaging S.p.A. to DOMO Film Solutions S.p.A. The name change is effective immediately.

The purpose is to visibly incorporate the company within the DOMO Group brand identity and to clearly indicate its core business and related scope: providing customers with solutions based on more than 40 years of expertise and full upstream integration with the nylon 6 chemical chain. Petrochemicals Bioplastic Biopolymers Sorting 

DOMO Chemicals, a leading integrated high quality material engineering company,

-Introducing DOMO Film Solutions and Nyleen™ new sustainable BOPA and CPA films

Plant-based Plastic Packaging Market is mainly driven by biodegradable it’s nature

In the age of green chemistry, plant-based plastic packaging is one of the greatest milestones ever discovered.

Nevertheless, many private companies and government agencies have been working on research and development to make plan-based plastics packaging more established.

Plant-based plastic are made from agricultural waste, sugar cane, switch grass or grasses and corn.  Petrochemicals Bioplastic Biopolymers Sorting 

Moreover, manufacturers are using plant-based oil in plant-based plastic packaging for processing plastic instead of using petrochemicals in order to make it more environmental friendly.

Petrochemicals Bioplastic Biopolymers Sorting

-IEA does not expect ‘huge increase’ in crude prices – executive director

The International Energy Agency (IEA) doesn’t expect oil prices to rise significantly because demand is slowing and there is a glut in global crude markets, its executive director said on Friday. Petrochemicals Bioplastic Biopolymers Sorting 

“Prices are determined by the markets…If we see the market today we see that the demand is slowing down considerably,” said IEA’s Fatih Birol, in public comments made during a two-day energy conference in New Delhi.

Petrochemicals Bioplastic Biopolymers Sorting

-Billions for the circular economy

Together with the EIB, five of the EU’s largest national promotional banks and institutions plan to invest €10bn to accelerate the transition to a sustainable and circular economy.

The flagship partnership aims to support the development and implementation of circular economy projects and programmes in the European Union.

The aim is to prevent and eliminate waste, increase resource efficiency and foster innovation by promoting circularity in all sectors of the economy. At least €10bn of investments are planned over the next five years. Petrochemicals Bioplastic Biopolymers Sorting 

Billions for the circular economy

-Petrochemicals Bioplastic Technology Sorting 19-07-2019

TAIF bioplastic production Alabuga

TAIF bioplastic production Alabuga

TAIF plans to launch a bioplastic plant at Alabuga in 2021 

TAIF bioplastic production Alabuga

MOSCOW – In the SEZ “Alabuga” they plan to launch production of bioplastics in the third quarter of 2021, reports Tatar-Inform .

The initiator of the project was TAIF holding together with Italian producer of PHAs-bioplastics Investire Italis Srl (Bio-on).

“In the SEZ Alabuga, the company plans to carry out the production of PHA-bioplastics in the amount of 10 thousand tons per year. The start-up period is the third quarter of 2021,” the press service stressed. TAIF bioplastic production Alabuga

The amount of funding for the project, according to the business plan, will be 9.7 billion rubles.  The plant will occupy an area of ​​7 hectares, it will create 90 jobs.

The agreement on the production of bioplastics in the Republic of Tatarstan, the President of Tatarstan signed in 2017 as part of a working visit to Italy.  Initially, the plant was supposed to be placed on the basis of Kazanorgsintez.

Tatarstan bioplastic will be produced from waste from the processing of sugar beet – molasses (molasses).  According to the Deputy Prime Minister of the Republic of Tatarstan – Minister of Agriculture and Food of the Republic of Tatarstan Marat Akhmetov, there are enough resources for that in the Republic of Tatarstan. TAIF bioplastic production Alabuga

“Every year we process 3 million tons of sugar beet. As a result, 100-120 thousand tons of molasses fodder syrup remains. We can assume that for the project proposed by the Milan company this is enough to produce 10 tons of bioplastic per year,” Akhmetov shared.

TAIF Group of Companies is the largest non-public diversified holding company in Russia with a wide diversification of existing assets and a powerful production potential.  The priority area of ​​activity of TAIF OJSC is the field of oil and gas processing and petrochemistry. TAIF bioplastic production Alabuga

In the sphere of oil and gas processing, chemistry and petrochemistry (energy), the structure of the TAIF group includes 34 companies, including Nizhnekamskneftekhim and Kazanorgsintez.

mrcplast.ru

Author:   Anna Larionova

-Anellotech Biomass PreTreatment Technology

Petrochemicals Bioplastic Technology Sorting 19-07-2019

Petrochemicals Bioplastic Technology Sorting

China – Polyethylene Terephthalate

PET is weak while its chain is assessed mixed.

Crude oil today  is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 900/960 $/ton PET Bottle grade domestic market 7,350/7,500 yuan/ton PET Filament grade SD domestic market 7,050/7,150 yuan/ton – PET Filament grade BR domestic market 7,150/7,250 yuan/ton

PTA Taiwan 780/790 $/ton PTA domestic market 6,250/6,350 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,400/4,500 yuan/tonPX Korea 825/840 $/ton  Polymers

Polyester POY 150D/48F  domestic market 8,100/8,200  yuan/tonPolyester DTY 150D/48F  domestic market 9,500/9,600  yuan/tonPolyester Staple PSF domestic market 7,950/8,050 yuan/ton

Petrochemicals Bioplastic Technology Sorting

-TAIF plans to launch a bioplastic plant at Alabuga in 2021 

In the SEZ “Alabuga” they plan to launch production of bioplastics in the third quarter of 2021, reports Tatar-Inform .

The initiator of the project was TAIF holding together with Italian producer of PHAs-bioplastics Investire Italis Srl (Bio-on).

“In the SEZ Alabuga, the company plans to carry out the production of PHA-bioplastics in the amount of 10 thousand tons per year. The start-up period is the third quarter of 2021,” the press service stressed.

The amount of funding for the project, according to the business plan, will be 9.7 billion rubles.  The plant will occupy an area of ​​7 hectares, it will create 90 jobs.

Petrochemicals Bioplastic Technology Sorting

Crude Oil Prices Trend

Crude Oil Prices Trend

Petrochemicals Bioplastic Technology Sorting

-Enzyme Engineering Turns Plant Waste into Plastics, Fuels

A new class of enzymes can turn a plant-based material into a range of products, such as nylon, plastics, chemicals or fuels.

magine if there was a plant-based material that could easily be transformed into synthetic materials, the fabrication and disposal of which currently create excess waste and pollution.

That’s the scenario with a new discovery by a cross-institutional team of scientists, who have been working with enzymes to help solve the world’s plastic-pollution problem.

Petrochemicals Bioplastic Technology Sorting

-Plant-based boom: 3F Bio lands €17m European Commission backing for biorefinery

The zero-waste first-of-its-kind biorefinery comes amid a continued demand for protein

Biotechnology company 3F Bio is launching a project dubbed “Plenitude” along with nine other partners to build a large-scale, integrated biorefinery facility.

The European Commission and Bio-based Industries Consortium partnership, Bio-Based Industries Joint Undertaking (BBI JU), awarded the project €17 million under the European Union’s Horizon 2020 research and innovation program.

The facility will produce bioethanol and proteins for food from low-cost and sustainable feedstocks. Petrochemicals Bioplastic Technology Sorting

Plant-based boom: 3F Bio lands €17m European Commission backing for biorefinery

-Arburg at K 2019: Two views of one world

Arburg’s presence K 2019 from 16 to 23 October 2019 in Düsseldorf, Germany, will focus on the topics of digitalisation and circular economy.

With “arburgXworld” and “arburgGREENworld”, Arburg aims to provide answers to important and pressing questions for the world of plastics processing and use – a world which includes an increasing number of perspectives.

The primary goal is to conserve resources and thereby make a contribution to production efficiency.

In hall 13, stand A13, trade visitors can experience how Arburg can provide answers to current questions and offering practical solutions.

Petrochemicals Bioplastic Technology Sorting

-Nigeria may not survive post-oil economy – SBM report

Total’s Ikike project gulps $500 million, says NCDMB

‘Short, quick fixes will not solve Nigeria’s power problem’

Nigeria listed among countries striving to end modern slavery

With most part of the world trying to move away from oil to adopt alternative and renewable energy, Nigeria’s future in the post-oil world looks rather bleak, according to SBM Intelligence.

The Nigerian economy is heavily dependent on its oil exports.

PNigeria may not survive post-oil economy – SBM report

-Kordsa Opens 100 Million TL Yarn Investment in İzmit

In order to meet the increasing demand for polyester yarns, Kordsa commissioned the additional polyester yarn line in its Izmit plant, which has been started to be built in 2017 with an investment of 100 million TL. Petrochemicals Bioplastic Technology Sorting

Million TL Yarn Investment in İzmit

In order to respond to the increasing demand for polyester yarn, Kordsa made an additional 100 million investment in Turkey for a polyester yarn line in 2016 of which they now held the opening ceremony.

Providing reinforcement technologies to the global market, Sabancı Holding subsidiary Kordsa had decided, in 2016, to make an investment that would enable 7,000 tons of additional capacity in both of their plants in Indonesia and Turkey.

Petrochemicals Bioplastic Technology

-Canadians Developing Innovative Solutions to Plastic Waste

Reducing plastic pollution is an international imperative that is important to Canadians and people around the world. As part of its climate change commitments, the Government of Canada is collaborating with small businesses to reduce pollution and help create a greener, more sustainable environment for everyone.

The Honourable Amarjeet Sohi, Canada’s Minister of Natural Resources, today announced a $300,000 investment in the first phase of a Bioplastics Challenge aimed at helping small businesses reduce pollution by turning forest-based residue into sustainable domestic plastic material. Petrochemicals Bioplastic Technology Sorting

Petrochemicals Bioplastic Technology Sorting

-Heiq announces pfc-free dwr with dry cleaning durability

HeiQ launches new fluorocarbon-free (PFC-free) products in their HeiQ Eco Dry product family for a full range of durable water repellence (DWR) technologies, for outdoor apparel to footwear and fashion. The newly introduced products are durable to dry cleaning.

Consumers of water repellent jackets, pants and footwear think it is important that products are made of environmentally friendly materials that are PFC-free*. HeiQ Eco Dry is a family of innovative, eco-friendly and PFC-free water repellent textile technologies that provide protection against water and water-based stains. As of August 2018, HeiQ Eco Dry has a brand awareness of 8% in the US among water repellent gear consumers*. By adding new products to the range, HeiQ now has a broad range of DWR solutions for outdoor apparel, footwear and fashion markets.

Petrochemicals Bioplastic Technology Sorting

-Exclusive: IEA revising oil demand growth forecast down on slowing economy

The International Energy Agency (IEA) is reducing its 2019 oil demand forecast due to a slowing global economy amid a U.S.-China trade spat, its executive director said on Thursday.

The IEA is revising its 2019 global oil demand growth forecast to 1.1 million barrels per day (bpd) and may cut it again if the global economy and especially China shows further weakness, Fatih Birol said.

Petrochemicals Bioplastic Technology Sorting

-PET Containers Market Intelligence with Competitive Landscape

PET Containers Market: Significance

PET containers are one of the economical packaging solutions for packaging of carbonated soft drinks, bottled water, edible oil, and other personal care & household products among its counterparts.

Burgeoning consumption of the ready-to-consume products has propelled the demand for PET containers in the market.

The key technologies used for the manufacturing of PET containers are stretch blow molding and injection blow molding.

PET Containers Market Intelligence with Competitive Landscape

Hainan Yisheng Petrochemical paraxylene

Hainan Yisheng Petrochemical paraxylene

Hainan Yisheng plans to launch a new para-xylene plant in July

Hainan Yisheng Petrochemical paraxylene

MOSCOW – Chinese Hainan Yisheng Petrochemical plans in July 2019 to commission a new paraxylene plant with a capacity of 1 million tons per year at a new site in Hainan (Hainan, China), ICIS reports, citing a source in the company.

Construction of production began in August 2017 and completed in March of this year. The project cost is CNY3.54 billion (USD557 million).Hainan Yisheng Petrochemical paraxylene

Commercial output is expected on horseback in July. Earlier it was planned to start the plant in June.

The company also plans to upgrade its existing paraxylene production capacity of 600 thousand tons per year on the same site.

After completion, the company will be able to produce about 2 million tons of para-xylene per year.

Earlier it was reported that at the end of June 2017, Hainan Yisheng Petrochemical launched a plant for the production of polyethylene terephthalate (PET) at a site in Hainan (Hainan, China) with a capacity of 250 thousand tons of PET per year.

According to ICIS-MRC’s Price Review , Chinese PET quotes last week stopped rising and rolled back from the local highs of the previous week. The situation in the Russian market of PET granules remains calm, there is enough material on the market, processors replenish stocks as planned. Next month, an increase in contract prices for PET is expected. However, against the background of the strengthening of the ruble against the dollar in July, the rise in prices will be moderate and will not exceed 3,000–4,000 rubles. per ton. Hainan Yisheng Petrochemical paraxylene

Yisheng Petrochemical Co., Ltd. operates refined terephthalic acid (TPA) plants in China. The company was founded in 2003 and is based in Ningbo, China. Yisheng Petrochemical Co., Ltd. is a subsidiary of Hengyi Petrochemical Co., Ltd.

mrcplast.ru

Author:

Anna Larionova

 

Related Topics

-Asia did not reach agreement on paraxylene July contract prices

AdvanSix Honeywell polyamide film

AdvanSix Honeywell polyamide films

AdvanSix plans to close PA film factory in the USA

AdvanSix Honeywell polyamide film

MOSCOW – The American company AdvanSix, a division of Honeywell, a corporation engaged in the production of resins and chemical products, intends to close the plant for the production of polyamide films in Pottsville (Pottsville , Pennsylvania, USA) in the third quarter, the manufacturer said. AdvanSix Honeywell polyamide film

At the same time, the company announced a strategic alliance with the Oben Group, a manufacturer of films for the production of flexible packaging. These measures will allow AdvanSix to “increase productivity in this industry,” added Erin Kane, CEO.

Earlier it was reported that AdvanSix still did not remove force majeure for the supply of phenol from the plant in Frankford (Frankford, Pennsylvania). The company in early March of this year was forced to announce force majeure on the supply of these products because of problems with the supply of raw cumene. Then problems with the supply of cumene were caused by weather conditions on the coast of the Gulf of Mexico and restrictions on suppliers in the previous few weeks before the announcement of force majeure. AdvanSix Honeywell polyamide film

The plant’s capacity is 1.1 billion pounds of phenol per year (about 500 thousand tons per year) and 608 million pounds of acetone per year (308.4 thousand tons per year). This plant is the third largest producer of phenol and acetone in North America. AdvanSix uses cumene derived from benzene and propylene to produce phenol and acetone.

Phenol is the main raw material component for the production of bisphenol A (BPA), which, in turn, is used to produce polycarbonate (PC).

According to Scan Report Company Market Report, the total estimated PC consumption in Russia in January-May 2019 was 33.8 thousand tons, which is 20% less than in the same period of 2018 (28.2 thousand tons).

Honeywell International, Inc. – a large American corporation, known for its developments in the field of aerospace equipment, technologies for the operation of buildings and industrial structures, automotive equipment, turbo-compressors and specialized goods. The corporate headquarters is located in Morristown (New Jersey, USA).

mrcplast.ru

Polymers Petrochemicals WTI Oil 18-07-2019

Polymers Petrochemicals WTI Oil

China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

Crude oil today  is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 900/960 $/ton PET Bottle grade domestic market 7,650/7,750 yuan/ton PET Filament grade SD domestic market 7,050/7,200 yuan/ton – PET Filament grade BR domestic market 7,150/7,300 yuan/ton

PTA Taiwan 790/800 $/ton PTA domestic market 6,300/6,400 yuan/tonMEG  530/540 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 815/830 $/ton  Polymers

Polyester POY 150D/48F  domestic market 8,100/8,200  yuan/tonPolyester DTY 150D/48F  domestic market 9,500/9,600  yuan/tonPolyester Staple PSF domestic market 8,000/8,100 yuan/ton

Polymers Petrochemicals WTI Oil

-Hainan Yisheng plans to launch a new para-xylene plant in July

Chinese Hainan Yisheng Petrochemical plans in July 2019 to commission a new paraxylene plant with a capacity of 1 million tons per year at a new site in Hainan (Hainan, China).

Construction of production began in August 2017 and completed in March of this year. The project cost is CNY3.54 billion (USD557 million).

Commercial output is expected on horseback in July. Earlier it was planned to start the plant in June.

Polymers Petrochemicals WTI Oil

Crude Oil Prices Trend

Polymers Petrochemicals WTI Oil

-Monforts Head of Denim Hans Wroblowski provides details of the new CYD during ITMA 2019.

Monforts Head of Denim Hans Wroblowski provides details of the new CYD during ITMA 2019. (c) AWOL Media.

The new Monforts yarn dyeing technology is being made commercially available at exactly the right time for fabric differentiation and cost efficiencies, if the initial market reaction at ITMA 2019 is anything to go by.

Leading dyeing and finishing machine manufacturer Monforts reports that was inundated with requests for trials on its new CYD yarn dyeing pilot line by the leading denim manufacturers at ITMA 2019.  Polymers Petrochemicals WTI Oil  

Polymers Petrochemicals WTI Oil

-Saudi Arabia Now Controls North America’s Largest Refinery

Ahead of its expected IPO, Kingdom-owned Aramco now has 100 percent stake in this Texas facility.

Saudi Aramco, Saudi Arabia’s state-owned oil company, now has 100 percent control of the largest refinery in North America, the company announced Monday. The Port Arthur refinery in Texas, which can process 600,000 barrels of oil per day, is now completely owned by Aramco.

The change of ownership means that the oil giant will have the ability to pump more Saudi crude into North America, ahead of next year’s planned IPO, according to CNN Money.

Polymers Petrochemicals WTI Oil

-Genera Secures Investment for Sustainable Packaging and Fiber Products Made From Grass

Tennessee-based company closes financing for its first Earthable® fiber products manufacturing facility

Genera announced today it has secured more than $118 million in new investment for its first manufacturing facility to produce its Earthable® line of sustainable agricultural fiber products.

Genera will use locally grown grasses and other agricultural crops to make compostable food service packaging products like plates, bowls, and takeout containers at its new manufacturing facility in Vonore, Tennessee. In addition to making products that are a sustainable alternative to plastics and polystyrene (Styrofoam-type products), Genera’s Earthable® fibers are also used to produce a wide array of towel, tissue, cupstock and other paper products.  Polymers Petrochemicals WTI Oil  

Polymers Petrochemicals WTI Oil

-Flexible design for recycling: From theory to practice

The focus will be on new developments in purely polyolefin packaging solutions to replace previously preferred mixed laminates. Furthermore, the possibilities of using post consumer recyclate (PCR) and renewable raw materials will be presented on the basis of various applications.

In the context of design for recycling, the requirements for flexible packaging have changed considerably, with the introduction of the German packaging law and public pressure. The challenge lies in implementing the changes for already established packaging concepts. The decisive factor here is that the functionality of the packaging material is maintained in the course of the material change.

Polymers Petrochemicals WTI Oil

-Tackling the rPET challenge

Coca-Cola European Partners recently announced that the company will be using bottles made from 100% recycled plastic for its Honest, GLACÉAU Smartwater and Chaudfontaine brands.

The transition will to occur between the end of 2019 and 2020 and is set to replace 9,000 tonnes of virgin plastic per year across Western Europe, the company says.

This is in line with Coca-Cola’s commitment that, by 2025, at least half of the plastic used in PET bottles across Western Europe will come from recycled sources.

Polymers Petrochemicals WTI Oil

-Henkel launches EPIX technology for sustainable packaging materials

The packaging and consumer goods division of German company Henkel has launched EPIX technology to support sustainable packaging materials.

EPIX’s technology portfolio features materials and chemistry solutions that improve paper quality for products ranging from straws and cups to eCommerce packaging. It also drives sustainable alternatives to single-use convenience items.

The patented technology is designed to help paper deliver increased functionality, enhance performance and enable companies’ to maintain the package’s sustainability and recyclability.

Henkel launches EPIX technology

-Germany’s Brenntag warns of lower earnings as poor economy hits demand

Brenntag has warned that full-year earnings will not meet previous guidance after the company experienced challenging macro-economic conditions in North America and Europe, Middle East and Africa (EMEA), the German chemicals distributor said this week.

The company said that it now expects full-year operating earnings before interest, tax, depreciation and amortisation (EBITDA) to grow between 0% and 4%, compared with previous guidance of 3% to 7% (comparable basis – constant exchange rates and same accounting standard).

Brenntag experienced a noticeable slowdown in demand in June after good business development during April and May, it said. Polymers Petrochemicals WTI Oil  

Germany's Brenntag warns of lower earnings as poor economy hits demand

-Oil Halts Slide On Crude Draw

The Energy Information Administration reported a modest oil inventory draw of 3.1 million barrels for the week to July 12, confirming and even exceeding the American Petroleum Institute’s Tuesday estimate of a small 1.401-million-barrel draw.

Today’s figure follows an estimated a 9.5-million-barrel draw in oil inventories for the previous reporting period.

In gasoline, the EIA reported a build of 3.6 million barrels for last week, which compares with a draw of 1.5 million barrels a week earlier. Gasoline production averaged 9.9 million bpd, which compares with 10.4 million bpd a week earlier.

Polymers Petrochemicals WTI Oil

-Fast fashion: Zara promises all its clothes will be sustainable by 2025

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Zara – and other brands like Pull & Bear and Bershka – have promised to only sell sustainable clothes by 2025.

The company that owns these shops says all cotton, linen and polyester they sell will be organic, sustainable or recycled.

Zara has 64 UK stores, and its parent company has 7,490 shops worldwide.

Reacting to the news, Friends of the Earth told Radio 1 Newsbeat it would be “better for everyone if the industry sold clothes made to last.”

Polymers Petrochemicals WTI Oil

-This T-shirt is made from carbon fibers usually found in jet engines

Vollebak, makers of the Graphene Jacket, created a T-shirt made from superthin carbon fibers usually reserved for missiles, jet engines, and the world’s fastest cars.

Hot on the heels of the success of its jacket made from graphene—the lightest, strongest material ever invented—outdoor fashion startup Vollebak has a new trick up its sleeve: it’s a T-shirt made from carbon fibers usually used in missiles, jet engines, and supercars.

This T-shirt is made from carbon fibers usually found in jet engines

-AdvanSix plans to close PA film factory in the USA

The American company AdvanSix, a division of Honeywell, a corporation engaged in the production of resins and chemical products, intends to close the plant for the production of polyamide films in Pottsville (Pottsville , Pennsylvania, USA) in the third quarter, the manufacturer said. AdvanSix Honeywell polyamide film

At the same time, the company announced a strategic alliance with the Oben Group, a manufacturer of films for the production of flexible packaging. These measures will allow AdvanSix to “increase productivity in this industry,” added Erin Kane, CEO.

AdvanSix plans to close PA film factory in the USA

Polymers Petrochemicals Bioplastic Technology 17-07-2019

Polymers Petrochemicals Bioplastic Technology 

China – Polyethylene Terephthalate

PET and its chain assessed mixed.

Crude oil today  is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is weak.

PET Bottle grade export 920/970 $/ton PET Bottle grade domestic market 7,650/7,750 yuan/ton PET Filament grade SD domestic market 7,100/7,250 yuan/ton – PET Filament grade BR domestic market 7,200/7,350 yuan/ton

PTA Taiwan 785/795 $/ton PTA domestic market 6,300/6,400 yuan/tonMEG  530/540 $/ton – MEG domestic market 4,250/4,350 yuan/tonPX Korea 815/830 $/ton  Polymers

Polyester POY 150D/48F  domestic market 8,100/8,200  yuan/tonPolyester DTY 150D/48F  domestic market 9,500/9,600  yuan/tonPolyester Staple PSF domestic market 8,000/8,100 yuan/ton

 

Polymers Petrochemicals Bioplastic Technology

Crude Oil Prices Trend

Polymers Petrochemicals Bioplastic Technology

-PET polymer producer NEO Group adds third production line

Twelve years ago, NEO Group purchased  BKG underwater pelletisers and related components for three PET polymerisation lines but installed only two, storing the unused BKG equipment in their original shipping boxes.

NEO Group

NEO Group Complex at Klaipeda, Lithuania

Today the company has a new, third PET line, making it the second-largest PET producer in Europe, and those 12-year-old BKG pelletisers are hard at work as if they were delivered yesterday.

NEO Group had purchased the PET production lines from Zimmer AG, including twelve BKG underwater pelletisers: four for each polymerisation line, plus polymer diverter valves, gear pumps, water systems, pellet dryers, and controls.

Polymers Petrochemicals Bioplastic Technology

-Storage flaws cause PET issues

Proprietary research from PTI has revealed that PET bottle performance issues may have their root cause in how long preforms are stored and in what environment.

PTI’s plant support staff were frequently being asked what storage duration was acceptable for preforms, explained Sumit Makherjee, chief technology officer, so the company studied 2-litre and 20-ounce preforms that were more than a year old. These preforms were dried under vacuum at 40 deg C to get them back to a condition similar to when they were first moulded.

Polymers Petrochemicals Bioplastic Technology

-Pretium Packaging invests in PET blow molding equipment for Alabama plant

Pretium Packaging (Chesterfield, MO), a manufacturer of plastic containers and closures, has made a $2 million-dollar investment in new reheat stretch polyethylene terephthalate (PET) blow molding equipment and infrastructure for its Troy, AL manufacturing plant.

The equipment can produce both cold- and hot-fill PET containers to support the growing demand from the condiment, sauce and dressing market, as well as increased supply requirements from the beverage category, including ready-to-drink teas, energy drinks, coffee and more. Polymers Petrochemicals Bioplastic Technology

Polymers Petrochemicals Bioplastic Technology

-German economic sentiment continues to decline on ongoing trade tensions – ZEW

German investor sentiment continued to decline in July as ongoing trade tensions and geopolitical uncertainties weigh on expectations, research institute ZEW said on Tuesday.

Euro sculpture in Frankfurt. Source: Stefan Ziese/imageBROKER/Shutterstock

The institute’s indicator for economic sentiment fell to -24.5 points, dropping 3.4 points on the previous month, following a significant 19-point drop in June.

The assessment of the economic situation in Germany recorded the first negative reading since 2010 at -1.1 for July, falling by 8.9 points. The indicator’s long-term average is 21.8 points.

German economic sentiment continues to decline on ongoing trade tensions

-Austrian project proves non-bottle PET credentials

Several Austrian companies are joining forces to prove that non-bottle PET waste can be successfully recycled into high-quality products.

Spearheaded by Next Generation Recyclingmaschinen (NGR), the RePETitio project started in June 2019 and takes household PET waste such as blister packaging, thermoformed trays and films, which have been collected and sorted into a total of six material types by Landes-Abfallunternehmen (LAVU) and Altstoff Recycling Austria (ARA). Kruschitz GmbH conducts the subsequent flake production, including washing and shredding.

Austrian project proves non-bottle PET credentials

-Stepped-up cooperation between Borealis and Erema tackles challenge of plastics recyclability

Resin supplier Borealis and recycling systems provider Erema have signed a letter of intent (LOI) for the purpose of deepening their cooperation in the field of mechanical recycling. The shared goal is to advance mechanical recycling technologies in order to accelerate the transition to a circular economy of plastics. The companies also aim to enhance recycling processes in order to satisfy increasing market demand for higher-quality recyclate used in high-end applications. Polymers Petrochemicals Bioplastic Technology

Stepped-up cooperation between Borealis and Erema tackles challenge of plastics recyclability

-Global stocks fall, U.S. yields rise on retail sales data

A gauge of global equities fell on Tuesday and U.S. Treasury yields climbed as a stronger-than-anticipated report on retail sales raised the possibility the Federal Reserve could move towards a less dovish stance.

U.S. retail sales rose 0.4% in June, as households stepped up purchases of motor vehicles and a variety of other goods. The solid number comes on the heels of recent data showing a strong labor market and a pickup in consumer prices.

While the Fed is still largely expected to cut rates by a quarter of a percentage point at its July 30-31 policy meeting, expectations for a more aggressive half a percentage point cut have been scaled back. Polymers Petrochemicals Bioplastic Technology

Polymers Petrochemicals Bioplastic Technology

-Notes from the field: The state of plastics processing

I had the good fortune to visit four injection molding companies in the U.S. Midwest last week. I have a full notebook, so there will be plenty of coverage coming from the trip.

But since many readers don’t get an opportunity to visit a wide variety of molders in just a few days, I’m sharing my impressions of the state of plastics processing in the summer of 2019.

Polymers Petrochemicals Bioplastic Technology

-Apparel Textile Industry Readies for Functional Fabric Fair New York Powered by PERFORMANCE DAYS®

Complimentary Industry Admission; 120+ Curated Exhibits, Educational & Networking Programs Offered

Functional Fabric Fair New York powered by PERFORMANCE DAYS® will present more than 120 regionally diverse and hand-selected textile manufacturers, suppliers and service providers, July 22-23, 2019, at the Javits Center in New York.

The event has doubled in size from its 2018 launch and is attracting more than 1,600 registered designers and product, purchasing and material managers to preview the latest trends, source high performance functional fabrics and accessories, attend educational workshops and network among peers. Polymers Petrochemicals Bioplastic Technology

Polymers Petrochemicals Bioplastic Sanctions 16-07-2019

Polymers Petrochemicals Bioplastic Sanctions

China – Polyethylene Terephthalate

PET and its chain are very weak.

Crude oil today  is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is weak.

PET Bottle grade export 920/970 $/ton PET Bottle grade domestic market 7,650/7,750 yuan/ton PET Filament grade SD domestic market 7,250/7,400 yuan/ton – PET Filament grade BR domestic market 7,350/7,500 yuan/ton

PTA Taiwan 785/795 $/ton PTA domestic market 6,250/6,350 yuan/tonMEG  520/530 $/ton – MEG domestic market 4,200/4,300 yuan/tonPX Korea 835/845 $/ton  Polymers

Polyester POY 150D/48F  domestic market 8,100/8,200  yuan/tonPolyester DTY 150D/48F  domestic market 9,500/9,600  yuan/tonPolyester Staple PSF domestic market 8,050/8,100 yuan/ton

Polymers Petrochemicals Bioplastic Sanctions

Crude Oil Prices Trend

Polymers Petrochemicals Bioplastic Sanctions

-China June crude oil throughput rises to record on new plants

Crude processing volumes last month reached 53.7 million tonnes, or about 13.07 million barrels per day (bpd), beating the previous record in April of 12.68 million bpd, according to figures from the National Bureau of Statistics (NBS).

China’s crude oil throughput rose to a record in June, up 7.7% from a year earlier, following the start-up of two new, large refineries, official data showed on Monday.

Crude processing volumes last month reached 53.7 million tonnes, or about 13.07 million barrels per day (bpd), beating the previous record in April of 12.68 million bpd, according to figures from the National Bureau of Statistics (NBS).

Polymers Petrochemicals Bioplastic Sanctions

-Government helps fund new plant for New Zealand’s first 100% recycled plastic food packaging

Associate Environment Minister Eugenie Sage today announced a significant investment in a new plant to create New Zealand’s first 100% recycled plastic food packaging range as part of the wider plan to tackle the plastic pollution challenge.

A $3 million grant from the Ministry for the Environment’s Waste Minimisation Fund is being made to Pact Group (NZ) Ltd. The grant will enable the company to create a range of 100% recycled food packaging across ten common product lines such as: meat and bakery trays, and, deli, food and produce containers at its Auckland plant.

Polymers Petrochemicals Bioplastic Sanctions

-India’s June trade deficit narrows to $15.28 billion

Merchandise exports fell 9.71% to $25.01 billion in June compared with a year earlier, and imports were down 9.06% at $40.29 billion, the data showed.

India’s trade deficit narrowed to $15.28 billion in June from $16.6 billion in June 2018, the trade ministry said in a statement on July 15. Polymers Petrochemicals Bioplastic Sanctions

Polymers Petrochemicals Bioplastic Sanctions

-Introducing Domo Film Solutions and Nyleen, a line of sustainable nylon films

Materials engineering company Domo Chemicals (Leuna, Spain) is changing the name of its cfp flexible packaging business to Domo Film Solutions, effective immediately. The stated reason for the change is to emphasize the company’s position as a provider of nylon film solutions in Europe

NyleenThe name change visibly incorporates the unit within the Domo Group brand identity, said the company, and clearly indicates its core business—providing customers with solutions based on more than 40 years of expertise and full upstream integration with the nylon 6 chemical chain.

Polymers Petrochemicals Bioplastic Sanctions

-Anglo-French Textiles mills yet to come out of severe crisis

It was in 2013 that the management of the government-run Anglo French Textiles (AFT) mills declared a 45-day layoff causing concern among its hundreds of labourers.

More than five-and-a-half years after the mill stopped operations in its A, B and C units except spinning unit, more than a century-old textile mill is now in the throes of a severe crisis with its net worth on the downward spiral. Polymers Petrochemicals Bioplastic Sanctions

Polymers Petrochemicals Bioplastic Sanctions

-Iran ready to talk if U.S. lifts sanctions, Pompeo skeptical

Iran is ready to hold talks with the United States if Washington lifts sanctions and returns to the 2015 nuclear deal it quit last year, Iranian President Hassan Rouhani said in a televised speech on Sunday.

U.S. President Donald Trump’s administration has said it is open to negotiations with Iran on a more far-reaching agreement on nuclear and security issues.

But Iran has made any talks conditional on first being able to export as much oil as it did before the United States withdrew from the nuclear pact with world powers in May 2018.

Polymers Petrochemicals Bioplastic Sanctions

-Iran’s PET Market Stable

T he local PET market has stabilized as the supply has increased compared to last year, secretary general of the Association of Petrochemical Employers Unions said.

Speaking about polyethylene terephthalate (PET), which is one of the products in the petrochemical industry downstream sector, Ahmad Mahdavi-Abhari said: “Shahid Tondgouyan Petrochemical Complex, the only PET company in Iran produces large volumes and the market is now stable,” IRNA reported.

Iran's PET Market Stable

-PACT Group receive funding to transition to 100% recycled

Pact Group announces with funding received from the Waste Minimisation Fund (WMF) it now has the capability to use up to 100% locally sourced recycled Polyethylene Terephthalate (rPET) in food grade packaging.

Executive General Manager Pact Group Eric Kjestrup said We are thankful for the support we have received from the Waste Minimisation Fund as it will enable Pact Group to produce an extensive range of 100% rPET food grade packaging products, including meat trays, bakery trays, deli containers, food containers, produce containers and beverage bottles. Polymers Petrochemicals Bioplastic Sanctions

PACT Group receive funding to transition to 100% recycled

-Europe EPS producers squeezed as margins continue to erode, demand remains flat

Some sellers of expandable polystyrene (EPS) in Europe are concerned about market dynamics because prices have continued to fall more than upstream costs in recent months.

Villagers build house out of foam, Hejin, China – 27 May 2018This is eroding margins at a time when demand remains broadly flat in key markets and supply is ample.

Competitively-priced offers for Iranian origin material in May and June has eaten into some European producers’ market share in the region.

It has also led to higher inventory levels, which is putting downward pressure on EPS prices as feedstock costs tumble.  Polymers Petrochemicals Bioplastic Sanctions

Europe EPS producers squeezed as margins continue to erode, demand remains flat

-IRO AB introduces new Industry 4.0 ready machines at ITMA

Following significant investment in the R&D capabilities at its base in Ulricehamn, Sweden, IRO AB introduced a range of new Industry 4.0 ready weft yarn feeding and tension control innovations for weaving looms at the recent ITMA 2019 in Barcelona, Spain. IRO AB, a Vandewiele company, is a member of TMAS – the textile machinery association of Sweden.

IRO AB has been the market leader in the weft yarn feeding machines field for many decades supplying systems to the majority of the leading weaving machine manufacturers, as well as advanced new products for retrofitting to working mills around the world.

Polymers Petrochemicals Bioplastic Sanctions

Polyolefins Petrochemical Polymers Prices

Polyolefins Petrochemical Polymers Prices

Polyolefins Petrochemical Polymers Prices

Polyestertime Polymers Petrochemical Polyester Prices

ITEM08/07/201915/07/2019+/-
Bottle grade PET chips domestic market7,750 yuan/ton7,550 yuan/ton-200
Bottle grade PET chips export market995 $/ton975 $/ton-20
Filament grade Semidull chips domestic market7,800 yuan/ton7,450 yuan/ton-350
Filament grade Bright chips domestic market7,850 yuan/ton7,575 yuan/ton-275
Pure Terephthalic Acid PTA domestic market6,475 yuan/ton6,360 yuan/ton-115
Pure Terephthalic Acid PTA export market810 $/ton 800 $/ton-10
Monoethyleneglycol MEG domestic market4,390 yuan/ton4,275 yuan/ton-115
Monoethyleneglycol MEG export market542 $/ton528 $/ton-14
Paraxylene PX FOB  Taiwan market837 $/ton880 $/ton+43
Paraxylene PX FOB  Korea market818 $/ton861 $/ton+43
Paraxylene PX FOB EU market735 $/ton776 $/ton+41
Polyester filament POY 150D/48F domestic market8,675 yuan/ton8,370 yuan/ton
-305
Recycled Polyester filament POY  domestic market7,950 yuan/ton7,750 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market10,050 yuan/ton9,800 yuan/ton-250
Polyester filament FDY 68D24F domestic market 9,600 yuan/ton9,350 yuan/ton-250
Polyester filament FDY 150D/96F domestic market9,000 yuan/ton8,770 yuan/ton-230
Polyester staple fiber 1.4D 38mm domestic market8,555 yuan/ton8,230 yuan/ton-325
Caprolactam CPL domestic market12,500 yuan/ton12,550 yuan/ton
+50
Caprolactam CPL overseas  market1,470 $/ton1,480 $/ton+10
Nylon6 chips overseas  market1,750 $/ton1,750 $/ton
Nylon6 chips conventional spinning domestic  market13,700 yuan/ton13,600 yuan/ton-100
Nylon6 chips  high speed spinning domestic  market13,350 yuan/ton13,550 yuan/ton+200
Nylon 6.6 chips domestic  market25,500 yuan/ton25,000 yuan/ton-500
Nylon6 Filament POY 86D/24F domestic  market15,800 yuan/ton16,000 yuan/ton+200
Nylon6 Filament DTY 70D/24F domestic  market18,250 yuan/ton18,350 yuan/ton+100
Nylon6 Filament FDY  70D/24F  domestic  market16,650 yuan/ton16,850 yuan/ton+200
Spandex 20D  domestic  market37,000 yuan/ton36,500 yuan/ton-500
Spandex 30D  domestic  market36,000 yuan/ton35,500 yuan/ton-500
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,000 yuan/ton8,150 yuan/ton+150
Benzene domestic market5,225 yuan/ton5,420 yuan/ton-195
Benzene overseas  market660 $/ton705 $/ton +45
Ethylene South East market700 $/ton710 $/ton+10
Ethylene NWE  market954 $/ton960 $/ton+6
Acrylonitrile ACN  domestic market11,100 yuan/ton11,000 yuan/ton-100
Acrylonitrile ACN  overseas market1,650 $/ton1,600 $/ton-50
Acrylic staple fiber ASF  domestic market15,700 yuan/ton15,700 yuan/ton
Viscose Staple Fiber VSF  domestic market11,750 yuan/ton11,750 yuan/ton
PP Powder domestic market8,825 yuan/ton8,775 yuan/ton-50
Naphtha overseas market  507 $/ton538 $/ton
+31
Phenol domestic market 8,000 yuan/ton7,700 yuan/ton-300
PS Taiwan 5250 GPPS1,205 $/ton1,200 $/ton-5
PS Taiwan 8250 HIPS1,325 $/ton1,320 $/ton-5