Petrochemicals Enzymes Automotive Brexit 04-06-2020

Petrochemicals Enzymes Automotive Brexit

-German coalition parties wrestle over car incentives

Germany’s Social Democrats expect difficult talks with their coalition partners, Chancellor Angela Merkel’s conservatives, on a stimulus package because they want incentives to buy a new car to exclude combustion engine vehicles.

“It will take a long time and probably will not end today,” the SPD’s co-leader, Norbert Walter-Borjans, said on Tuesday.

“There are packages that can be agreed on but there are also things the CDU and CSU have problems with,” Walter-Borjans said. “There is a big topic that we need to talk about, namely that from our point of view, there cannot be a purchase premium for cars with combustion engines,” he said.

Petrochemicals Enzymes Automotive Plastic

-Avantium to deliver several Flowrence® systems to KAUST Catalysis Center

Avantium N.V, a leading technology company in renewable chemistry, announces that Avantium Catalysis has received orders for several Flowrence® testing systems worth more than € 3 million from King Abdullah University of Science and Technology  – KAUST Catalysis Center (KCC) in Saudi Arabia. Petrochemicals Enzymes Automotive Brexit

KCC has selected the Flowrence® Technology to further expand its R&D capacity for heterogeneous catalyst testing.

Avantium will deliver the Flowrence® units in combination with its solutions for efficient workflow, extensive online analytical equipment, its advanced proprietary data handling and analysis software, as well as its expertise in experimental validation. KCC focuses on developing new catalysts, new catalytic reactions and new catalytic technologies, covering heterogeneous, homogeneous, photo- and electro-catalytic processes.

Petrochemicals Enzymes Automotive Plastic

-US May ethylene contracts settle up after six-month decline

US May ethylene contracts settled for the majority of participants at an increase of 3.5 cents/lb on higher spot prices and cash costs.

The settlement puts May contracts at 24.0 cents/lb ($529/tonne), up from 20.5 cents/lb in April. Petrochemicals Enzymes Automotive Brexit

The settlement marks the first increase since October, when cracker outages and delayed start-ups prompted ethylene prices to rise.

Petrochemicals Enzymes Automotive Plastic

-Easing lockdown measures revs up Asia petrochemical markets

Petrochemical markets in Asia are coming back to life after about two months of general weakness as pandemic-induced lockdowns in most countries in the region are being lifted, boding well for demand from June onward.

Market sentiment is upbeat, providing room for prices of selected petrochemicals to post strong increases, aided by gains in upstream crude markets.

A strong recovery in demand, however, is still out of the question amid the coronavirus pandemic. Petrochemicals Enzymes Automotive Brexit

Spot prices of naphtha, the main feedstock for petrochemical production in Asia, rose to a near three-month high on Wednesday at $349/tonne CFR (cost & freight) Japan, buoyed by healthy prompt-month demand, tracking movements in global crude futures.

Petrochemicals Enzymes Automotive Plastic

-Spain planning to raise €724 million with new plastic-packaging tax

The Cabinet approves draft legislation that also bans single-use items and encourages the circular economy

The Spanish Cabinet on Tuesday approved a draft law that introduces a new tax on plastic waste, among other environmental measures. The indirect levy will tax the manufacture, import or acquisition of non-reusable plastic packaging from other European Union countries for use in the Spanish market, according to the Spanish Ministry for Ecological Transition.  Petrochemicals Enzymes Automotive Brexit

The ministry said that the proposed tax is similar to what other countries such as the United Kingdom and Italy are planning to introduce. It would require payment of €0.45 for every kilogram of plastic packaging, and is expected to bring in annual revenue of close to €724 million, based on 2017 figures.

Ecological Transition Minister Teresa Ribera warned Tuesday about “the absolutely disproportionate, irrational and irresponsible” use of plastic packaging. Spain’s initiative falls within the EU’s strategy of waste reduction.

Petrochemicals Enzymes Automotive Plastic

-Arkema finalizes divestment of functional polyolefins business

Arkema said today that it has finalized the divestment of its functional polyolefins business to SK Global Chemical, reported Chemweek.

The divestment was announced last year. Arkema says the sale forms part of its strategy to refocus the group’s activities on specialty materials. Petrochemicals Enzymes Automotive Brexit

With sales of around EUR250 million (USD279.2 million), the functional polyolefins business, which is part of the polymethyl methacrylate (PMMA) activity, comprises ethylene copolymers and terpolymers for the food packaging, cable, electronics and coatings markets. The business employs around 100 people in France and has an international sales network of 30 people who will be joining SK Global Chemical, a subsidiary of South-Korean group SK.

Based on an enterprise value of €335 million, this divestment is in line with the group’s strategy to become a pure specialty materials player by 2024, centered around three segments: adhesive solutions, advanced materials and coating solutions.

Arkema finalizes divestment of functional polyolefins business

-Chemical Recycling Europe calls for a faster recognition and legislation review to unlock the potential of chemical recycling  

Introduction

The recycling industry plays an important role in the transition to a more circular economy by turning polymeric waste into new value-added materials.

The sustainable management of waste and use of resources is at the heart of the European Green Deal1. Petrochemicals Enzymes Automotive Brexit

While the new Circular Economy Action Plan2 aims at accelerating transformational change required by the EU Green Deal, in order to meet its ambitions and to reach EU recycling targets laid down in the EU Plastics Strategy3, there is an urgent need to develop and implement new technologies for the recycling of polymeric waste, going beyond the limitations of traditional mechanical recycling.

Chemical Recycling complements the current recycling approaches and has the potential to be an environmental game-changer by processing polymeric wastes which are currently difficult to recycle. Investment in developing chemical recycling technologies and infrastructure will lead to the creation of new jobs and the protection of our environment by curbing CO2 emissions and increasing EU recycling capacity.

Chemical Recycling Europe calls for a faster recognition and legislation review to unlock the potential of chemical recycling  

-Why China PX imports decline in April

According to China customs statistics, China imported about 1.03 million tons of PX in April 2020, down 220kt from the average monthly amount in the first quarter, hitting new low since Jul 2019. China PX imports reduced in Apr, however, local PTA output increased in Apr and May reflecting larger demand for feedstock PX. Petrochemicals Enzymes Automotive Brexit

It is true that customs statistics could lag behind and thus mismatch with the actual PX consumption, the import data could not fully reflect the downstream appetite, and also the manufacturing and logistics were affected by the epidemic. However, the decline in Apr PX imports could reflect some changes in the structure of PX market.

From the figure below we can see that the decline concentrated in Zhejiang Province. Other provinces and municipalities such as Fujian, Shanghai and Beijing, as PX imports receivers, also saw falls in the amount.

Why China PX imports decline in April

-Business cannot prepare for a no-deal Brexit in the middle of a pandemic

Many firms are clinging on during the coronavirus crisis and have no capacity to contemplate failure in talks with EU

Away from this unparalleled health and economic crisis, Brexit talks continue from a distance. Petrochemicals Enzymes Automotive Brexit

For many firms facing unrelenting stress from COVID-19, these talks have been out of sight, though not quite out of mind. Their total focus is on immediate survival and recovery. But as more businesses take tentative steps to reopen slowly and safely, every decimal point of economic growth is being fought for. They expect that same spirit to be replicated when Brexit talks resume Tuesday.

The signals so far are not encouraging. Both the U.K. and the EU negotiating teams have rigid mandates and are following them to the letter. Negotiation by videoconference doesn’t allow for the kind of side-line conversations that normally help smooth differences in trade talks.

Business cannot prepare for a no-deal Brexit in the middle of a pandemic

-Reliance on China for Plastic Bottles and Lids Creates Packaging Shortage for Domestic Beauty Brands

With many US and China factories closed or focused solely on plastic for disinfectants and other cleaning products, many domestic beauty brands, specifically boutique brands, are having a hard time finding bottles and containers for their skin and hair products.

According to Allison Ullo of the public relations firm With Sara, which caters to health and beauty product companies, many of the brands she represents have had multiple issues as they frantically search for bottles so they can continue to fill orders.

“Self-care products, as well as natural hair products, in particular, have seen a spike in sales as people look to care for their bodies and minds during this difficult time,” said Ullo.

Petrochemicals Enzymes Automotive Brexit

Reliance on China for Plastic Bottles and Lids Creates Packaging Shortage for Domestic Beauty Brands

Petrochemicals Enzymes Automotive Brexit

Petrochemicals Enzymes Automotive News 03-06-2020

Petrochemicals Enzymes Automotive News 03-06-2020

Petrochemicals Enzymes Automotive News

Crude Oil Prices Trend

Crude Oil Prices Trend

-A major Asian manufacturer raised June PVC prices for China at USD40 per ton

A major producer of petrochemical products in Northeast Asia (NEA) has increased its price offerings for polyvinyl chloride (PVC) for supplies to the Chinese market in June by USD40 per tonne compared to April, market sources told ICIS .

Thus, the company’s June price offers for China were announced at the level of USD700 per tonne, CFR China, with a discount of USD10 per tonne for material volumes from 500 tons, market sources said.

For the markets of Southeast (Southeast Asia) and Northeast Asia (NEA), as well as for other regions, the company called the June PVC price offers at USD670 per tonne, FOB NEA / Southeast Asia / other regions. The above discount also applies.

Petrochemicals Enzymes Automotive

-The next chapter is closed

In packaging, the hardest-working element are the closures. Protecting the contents from the outside, the outside from the contents and the structural integrity of the packaging is a tricky job.  Petrochemicals Enzymes Automotive News

It also needs ease-of-use to allow people to access the goods – it’s a hard life for our caps.

It is also a manufacturing sector that has been experiencing major growth, a trajectory curve that is set to continue in the short and medium-term.

With extra demands like environmental efficacy being demanded by the market, Matthew Rogerson looks at its challenges, plus an example of innovation that is powering the sector firmly into the 21st century.

The next chapter is closed

-The Versalis plant can restart ( Italian Language Only)
The order of the Mayor of Brindisi has been revoked after the agreement reached in the Puglia Region which provides for the establishment of a technical table.
The Mayor of Brindisi, Riccardo Rossi, has revoked the order to suspend the activities of the Versalis pole, the result of the agreement reached yesterday in the Puglia Region.

“The agreement – says the Governor of the Region, Michele Emiliano – provides for the efficiency of the emissions monitoring system thanks to a shared plan that governs its management and plant engineering with widespread, perfectly and constantly functioning control units, regardless from meteorological conditions and from any further possible external conditioning. Petrochemicals Enzymes Automotive News

“In this perspective, ARPA is completing a relationship,” with the necessary scientific-operational indications, preparatory to the adoption of the plan, which will be ready in a few days “.

Petrochemicals Enzymes Automotive

-Coca-Cola Amatil, Dynapack Form JV to Build Advanced PET Recycling Plant

Coca-Cola Amatil Indonesia (Amatil) has entered into a Heads of Agreement with long-term packaging partner Dynapack Asia to build what it calls the most sophisticated state-of-the-art bottle-to-bottle grade PET recycling facility in Indonesia.

Amatil and Dynapack will work together through a proof of concept phase, which is intended to consider a potential plant’s economic feasibility, size, scale, and location; end-to-end requirements; and potential integration into each company’s value chains.

Petrochemicals Enzymes Automotive News

Petrochemicals Enzymes Automotive

-Europe MEG contract sees first increase of 2020 for June

The June monoethylene glycol (MEG) contract has been fully confirmed at €455/tonne, a €7/tonne increase from May.

An agreement between a buyer and seller emerged at the end of last week, shortly after the ethylene contract price was fully confirmed at a €60/tonne from May.

Crude oil and naphtha values were on the uptrend last month on the back of oil production cuts. Petrochemicals Enzymes Automotive News

A minimum 2+2 producer-consumer configuration is required to consider the MEG contract agreements fully confirmed.

A second buyer and seller confirmed the settlement to ICIS on Tuesday.

This is the first increase seen in the MEG contract market in 2020.

Petrochemicals Enzymes Automotive

-Asia manufacturing remains weak; supply to recover faster than demand

Asia’s manufacturing sector outside of China remained in contraction mode in May despite re-opening of more economies from coronavirus-related lockdowns, with expectations that production will outpace demand in the near term.

“Economies [Asian] that were in stringent lockdowns in April are witnessing higher activity in May, but the pace of their recoveries is more gradual than China’s V-shaped pickup in March,” Japan’s Nomura Global Markets Research said. Petrochemicals Enzymes Automotive News

Malaysia, the Philippines and Thailand – which were under stringent lockdowns in April – showed improvement in their purchasing managers’ index (PMI) numbers in May but remained below 50, indicating continued contraction.

On average, the PMIs for the three countries improved to 42.5 in May from 33.2 in April.

Asia manufacturing remains weak; supply to recover faster than demand

-Opec+ meeting to discuss 1-2 month cuts extension

Opec and its non-Opec partners will debate extending by one or two months the group’s production quotas at May and June levels, at a meeting that could happen this week.

The videoconference is the first meeting since Opec and its non-Opec partners, known collectively as Opec+, struck their two-year output restraint agreement in early April. It calls for the removal of 9.7mn b/d of crude from the market in May and June, and then a collective cut of 7.7mn b/d in the second half of the year.

Two proposals under consideration would see the deeper cuts continue beyond into July and/or August.Petrochemicals Enzymes Automotive News

Opec+ meeting to discuss 1-2 month cuts extension

-In the autumn, announcement for the sale of Bio-on ( Italian Language Only)
The Bologna-based company, which went bankrupt at the end of last year, has a biorefinery for the production of PHA-based bioplastics.
During a meeting held May 28, as part of the metropolitan table for the protection of production assets for monitoring the situation of Bio-On and Bio-On Plants, the curatorship declared that the tender for the sale of the Bolognese biorefinery could be published in the autumn, while the ‘dataroom’ will soon be activated to provide information to operators interested in presenting expressions of interest.
Failed at the end of last year, Bio-on owns a demonstration plant in Castel San Pietro Terme (BO) for the production of PHA-based bioplastics, which has never come into operation. The company ended in a storm in July last year following the publication of a report by the US investment fund Quintessential Capital Management (QCM). At the end of investigations, the founder and CEO of the company, Marco Astorri, had been subjected to house arrest, then dismissed (read article), on charges of False social communications and market manipulation. Petrochemicals Enzymes Automotive News

In the autumn, announcement for the sale of Bio-on

-APR launches Demand Champs for governments

The Association of Plastic Recyclers is launching a voluntary effort to get government agencies to increase their green purchasing.

The Association of Plastic Recyclers is launching an effort to use the purchasing power of governments to buy more recycled plastic products and help shore up fragile plastic scrap markets.

APR is working with the Northeast Recycling Council to expand the voluntary Demand Champions program it started in 2017 for the private sector and broaden it to include state and local governments. Petrochemicals Enzymes Automotive News

The idea is to get government agencies to sign voluntary pledges to increase their purchase of some targeted products using recycled content plastic.

APR launches Demand Champs for governments

-Monolayer Label Shrinks Dasani’s Footprint

Dasani replaced a multilayer label with a thinner, monolayer film made from BOPP, resulting in increased sustainability, enhanced operational efficiency, and cost savings opportunities.

For those brands selling millions of units of product each year, no aspect of packaging is too small to consider when looking for sustainability benefits.One such company is The Coca-Cola Co., which is using a multi-pronged strategy around packaging to meet its World Without Waste sustainability goals. One of these goals is to make its packaging 100% recyclable by 2025. Petrochemicals Enzymes Automotive News

Coca-Cola’s Dasani water brand has some pretty impressive sustainability cred: Since 2011, the PET bottle has been made from up to 30% plant-based bioplastic. Even with this technology, the bottle is still fully recyclable—a very important factor for Coca-Cola when it began incorporating the bio-based resin.

Monolayer Label Shrinks Dasani’s Footprint

Petrochemicals Enzymes Automotive News

Petrochemicals Enzymes Recycling News 02-06-2020

Petrochemicals Enzymes Recycling News 02-06-2020

Petrochemicals Enzymes Recycling News

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Alpla swoops for Spanish blow moulding firm

Alpla Group is to increase its presence in the cosmetics, personal and household care markets after agreeing to buy Spanish blow moulding specialist Bopla S.A. for an undisclosed fee.

The Austrian converter said it intended to use Bopla’s expertise in the area of single-stage manufacturing to expand its own product portfolio.

Based in Les Franqueses near Barcelona, Bopla uses extrusion blow moulding and injection stretch blow moulding to produce plastics packaging. It employs around 50 people, all of which are to be retained.

Petrochemicals Enzymes Recycling News

-PU: American plants running at reduced rates in second quarter

The running rates reduction comes amid a sharp decline in resin prices like polyethylene (PE). Experts believe the ongoing weakness may linger for an undetermined period, as reported by Petrochemical Update.

Petrochemical plants in the Americas are running at reduced rates, or in some cases idled, to try to balance out the erosion of downstream resin consumption caused by the Covid-19 pandemic. Petrochemicals Enzymes Recycling News

Domestic prices for resins have declined and export markets for North American resin have contracted.

Some chemical plants cut rates not just due to the decline in resins demand but because of their integration with refineries that in turn had to cut production after seeing fuel demand plunge.

Experts estimate most petrochemical plants may be running at rates anywhere from 60% to 80%.

Petrochemicals Enzymes Recycling News

-Microplastic collection device reduces vehicle tyre pollution

While microplastic pollution from tyres remains a significant ocean pollutant, the engineers offer new ways to tear that vicious circle. The tyre-mounted device by The Tyre Collective helps reduce airborne pollutants and the amount of plastic that ends up in the ocean, Springwise reports.  Petrochemicals Enzymes Recycling News

Microplastic pollution from tyres is a mega problem, the experts say. It is increasing in volume as electric vehicles (EV) become more popular. The engineers from The Tyre Collective have created the electrostatic collection device sits behind a tyre close to the road.

In particular, such kind of pollution becomes a problem because the weight of the batteries in EVs causes more wear and tear on tyres. The end result is fewer exhaust fumes, and more microplastics, which can become airborne and thus present no less of a danger to human and environmental health than the emissions from gas-powered vehicles.

Petrochemicals Enzymes Recycling News

-UGA bioplastics technologies fuel state’s economy 

Company bringing 200 jobs to Athens is an essential university partner

When University of Georgia professor Jason Locklin met Daniel Carraway over 10 years ago, neither of them knew their professional relationship would result in a substantial economic development investment in Athens.

Back in 2008, Locklin, who is now director of UGA’s New Materials Institute, was an assistant professor in chemistry and engineering at UGA. Carraway, a UGA alumnus and serial entrepreneur, was looking at universities, trying to find the perfect spot for one of his employees to attend graduate school.  Petrochemicals Enzymes Recycling News

“We met and hit it off, and after that he decided he wanted the student to work for me,” Locklin recalled. “We started working on projects together and haven’t stopped since.”

Petrochemicals Enzymes Recycling News

-Asia’s naphtha prices at over two-month high on steady demand

Asia’s naphtha prices are finding support from regional buying, which is anticipated to hold steady in the near term, keeping market fundamentals buoyant.

At the intra-day session on 1 June, open-specification naphtha spot prices for second-half July delivery averaged at $320.00/tonne CFR (cost & freight) Japan, as the forward month contracts rolled on Monday.  Petrochemicals Enzymes Recycling News

Spot naphtha prices rose by some $20/tonne from the previous session on 29 May, and were at their highest in over two months, since 11 March at $329.00/tonne CFR Japan, ICIS data showed.

Naphtha prices tracked earlier gains in global crude oil futures amid reduced production and expectations of demand growth as countries emerge from coronavirus lockdowns.

Petrochemicals Enzymes Recycling News

-Oil prices swept up in the risk-on rally

Investors have regained faith in riskier asset classes, pushing their money into commodities and stocks – liquidating positions in perceived safe havens.

The MSCI All-Country Global Equity Index (an index of small-to large-cap stocks from 23 developed and 24 emerging markets) is just 12% off pre-coronavirus levels, having collapsed by almost 35% in March.  Petrochemicals Enzymes Recycling News

Global oil markets are also basking in the glow of improved demand sentiment, with Brent up by 75% since April. However, with global daily new coronavirus cases hitting a record 135,000 on 30 May, is this meteoric rise stoked by sound fundamentals, or are investors getting ahead of themselves?

Oil prices swept up in the risk-on rally

-India GDP growth slows to 4.2%; lockdown stays at manufacturing hubs

India, an emerging market giant, posted its slowest growth in more than a decade, while yet to show the full impact of a nationwide lockdown that brought economic activity to a standstill for more than two months.  Petrochemicals Enzymes Recycling News

The nationwide lockdown was due to be lifted this week, but restrictions will remain in place until the end of June for areas considered as high risk – referring to those with elevated number of novel coronavirus infections.

For the fiscal year ending March 2020, the country’s GDP growth decelerated to 4.2% from 6.1% in the previous year, with March-quarter growth slowing to 3.1%, official data showed.

India GDP growth slows to 4.2%; lockdown stays at manufacturing hubs

-AIMPLAS develops new project based on enzymes that break down plastics by 70%

AIMPLAS, with the support of the Valencian Institute of Business Competitiveness (IVACE), is developing the ENZPLAST2 project, whose aim is to develop new, more sustainable processes for producing, recycling and composting plastics.

Funded by IVACE and co-funded by the European Union (ERDF) through the Spanish Autonomous Community of Valencia ERDF operational programme (2014-2020), the ENZPLAST project focused in its first year on new methods for the synthesis of plastics that are safer for human health and more environmentally friendly.

Enzymes, in particular, were used instead of metal catalysts to obtain polyesters, which reduced the toxicity of these metal catalysts and lowering energy consumption during the polymerization process.  Petrochemicals Enzymes Recycling News

AIMPLAS develops new project based on enzymes that break down plastics by 70%

-Biodegradable Plant-Based Plastic to Combat Ocean Waste

Plastic became widely used in the 1960s, with societies embracing the disposable lifestyle that offered them convenience and saved time.

Decades later, our dependence on plastic has become problematic. Our use has increased exponentially, with 2.3 million tons being produced in 1950, 162 million in 1993, to 448 million in 2015.  Petrochemicals Enzymes Recycling News

A vast amount of plastic is added into circulation each year, and less than a fifth of it gets recycled. In the US specifically, the recycling rate for plastic is less than 10%.

Biodegradable Plant-Based Plastic to Combat Ocean Waste

-Company tailors extruders to meet a facility’s needs

German equipment supplier Coperion now produces a line of extruders made to be customized to a plastics recycling facility.

Coperion, based in Stuttgart, Germany, manufactures a variety of compounding and extrusion systems for the plastics recycling industry, as well as bulk handling systems, weighing systems and more.  Petrochemicals Enzymes Recycling News

Coperion’s ZSK 45 Mc18 twin screw extruders blend the ground plastic with additives, fillers and reinforcing materials. The mixture is also enhanced by Coperion’s ZS-EG twin screw side devolatilization units.

After the melt discharge stage, the plastic strands are conveyed to a strand pelletizer.

Company tailors extruders to meet a facility’s needs

Petrochemicals Enzymes Recycling News

Petrochemicals Enzymes Plastics News 01-06-2020

Petrochemicals Enzymes Plastics News 01-06-2020

Petrochemicals Enzymes Plastics News

Petrochemical Polymers Chemical Paraxylene Trend

Petrochemicals Enzymes Plastics News

Crude Oil Prices Trend

Crude Oil Prices Trend

-Saudi Arabia to cut June’s oil production

The state-run Saudi Press Agency official quoted a Ministry official as saying that the reduction will be a voluntary amount of 1 million bpd, in addition to the reduction committed by the kingdom in the latest OPEC+ agreement reached on April 12

Riyadh: Saudi Arabia’s Energy Ministry has directed the national oil company Aramco to further reduce crude oil production for June by an additional 1 million barrels per day (bpd), state media reported.  Petrochemicals Enzymes Plastics News

The state-run Saudi Press Agency official quoted a Ministry official as saying that the reduction will be a voluntary amount of 1 million bpd, in addition to the reduction committed by the kingdom in the latest OPEC+ agreement reached on April 12, reports Xinhua news.

Petrochemicals Enzymes Plastics News

-Chemicals squeezed between feedstock price hikes and downstream malaise

The current run up in oil prices has raised the price of petrochemical feedstocks, but the hikes may not be pushed through effectively to downstream chemicals and polymers as so much demand remains depressed by lockdowns.

This leaves the chemical industry potentially squeezed in the middle, with more downwards pressure on margins for many markets, especially those exposed to automotive and durable goods. Petrochemicals Enzymes Plastics News

Even polymers for packaging, which boomed during the panic buying of March-May, are likely to return to more normal demand patterns.

Petrochemicals Enzymes Plastics News

-Conair launches new TrueRate intelligent inventory tracking system

Conair has launched a new TrueRate intelligent inventory tracking system.

The system automatically tracks changes in the inventories of up to 500 different user-specified resins or flowable powders in a processing plant.

Developed as an alternative to the use of single-component batch blenders for resin inventory measurement, the new TrueRate system utilises highly accurate gravimetric measurement.  Petrochemicals Enzymes Plastics News

The TrueRate system is available in two sizes, consisting of an 8-inch weighing ring equipped with two load cells, or a 12-inch ring equipped with three.

Both configurations connect to a separate electrical control panel containing a PLC. The weighing ring is mounted below a material loader or receiver but above a container or bin, where it uses resin information provided by the user to precisely calculate the change in weight of the loader/receiver before it discharges the material through the ring and into the container.

https://www.saudigazette.com.sa/article/593671/BUSINESS/GCC-chemical-imports-into-India-may-be-severely-hurt-by-anti-dumping-investigation-warns-GPCA

-GCC chemical imports into India may be severely hurt by anti-dumping investigation, warns GPCA

GCC ethylene glycol (EG) imports into India may be severely hurt as a result of an ongoing anti-dumping investigation targeting imports from Saudi Arabia, Kuwait, Oman, UAE and Singapore, according to the Gulf Petrochemicals and Chemicals Association (GPCA), the regional trade body representing the common interests of the chemical and allied industries in the Arabian Gulf.  Petrochemicals Enzymes Plastics News

The inconsistent investigative practices by Indian authorities on anti-dumping regulations raise serious concerns under World Trade Organization (WTO) rules and threaten to severely hurt GCC economies, jeopardizing $543 million worth of mono ethylene glycol (MEG) imports, which is equivalent to 20% of total chemical imports from the region into India, according to GPCA analysis. India is the second largest importer of GCC chemicals and accounts for over a third of total GCC export volume together with China.

https://www.saudigazette.com.sa/article/593671/BUSINESS/GCC-chemical-imports-into-India-may-be-severely-hurt-by-anti-dumping-investigation-warns-GPCA

-Oman starts its first utility-scale solar power plant

Petroleum Development Oman has begun operations of the sultanate’s first utility-scale solar power plant, which will free up 95.5 MMcm of natural gas for export annually at a time where the country’s oil revenue is dwindling due to the OPEC+ cuts and plummeting prices.  Petrochemicals Enzymes Plastics News

Register Now The $94 million Amin photovoltaic power plant in the south covers an area of 4 sq. km and can produce up to 100 MW of electricity from sunlight through solar panels. The generated energy will be sufficient to power 15,000 homes and could result in an annual CO2 emission reduction of more than 225,000 tons, which is the equivalent to taking 23,000 cars off the road, PDO said Sunday in a statement. The majority of electricity generation in Oman is via crude oil- (65%) and natural gas- (35%) fired power plants.

Oman starts its first utility-scale solar power plant

-ACN market in upward tendency

It was unexpected that ACN was in an upward trend recently. Actually, since last Friday, the procurement has begun to be difficult, showing the supply shortage in the market. This week, high market offers reached 8,000yuan/mt or even above. Though trading price may not hit this level, the strong bullish market sentiment makes market players believe that the trading price is likely to touch 8,000yuan/mt.  Petrochemicals Enzymes Plastics News

From the perspective of this upward tendency, the similar market condition has existed in July-August of last year for once. Based on above chart, the rise in ACN price had three requirements: 1. ACN operating rate falls back. 2. Acrylic fiber run rate picks up apparently. 3. ABS operating rate continuously stays at a high level. Operating rate fluctuated in May this year, and the overall increment in July-August of last year was around 11%. By May 27, the increase of April-May of 2020 was 21.6%.

ACN market in upward tendency

-Asia-Pacific propylene prices fall from 11-week high

Asia-Pacific propylene prices have started to fall this week after hitting an 11-week high of $760-805/t cfr northeast Asia in late May on a rise in spot supplies.

Spot deals were concluded at $730/t cfr China for late-June arrival cargoes earlier this week, down from $790-805/t cfr China a week ago. Offers were cut to $740-750/t cfr China today from last week’s level of $800-820/t cfr China.

Supplies have increased despite ongoing cracker turnarounds. And rare supplies of US-origin cargoes have emerged in the market. Petrochemicals Enzymes Plastics News

Asia-Pacific propylene prices fall from 11-week high

-Enzymes are Proteins: A Definitive Guide of 4000+ Words

Enzymes are Proteins – The Guide Encompasses Introduction, History, Structure, Active Site, Enzyme Action, Functions, Models, Factors, Inhibitors, Classification, Nomenclature

Enzymes are Proteins

Enzymes are proteins that speed up the reactions by acting as catalysts. They increase the rate of reaction without being consumed or permanently altered by themselves. In Greek enzymes are divided into sections “En” which means “in” and second part is “zyme” means living. The study of enzymes is known as enzymology. (Enzyme Definition)

Introduction to Enzymes

Physical nature of life is based on the making and breaking of different composed at all levels involved in the metabolism. Thousands of compounds must be shaped to produce the organelles and other structures present in living organisms.

The formation may involve the making of large molecules from smaller molecules or vice versa, moreover all these reactions should take place at moderate temperature and with a speed good enough to support life. Petrochemicals Enzymes Plastics News

It is a common laboratory observation that reactions taking place within a cell if accomplished outside the cell needs very high temperature and there is no control on the speed of the reaction. Why the same reactions need different environments to accomplish when taking place inside the cell. What is the missing connection between living and non-living environment? Initially people thought that it is because of the life itself. A living thing can do what cannot be done by the non-living conditions.

Enzymes are Proteins: A Definitive Guide of 4000+ Words

-EERA reaction “Draft Delegated Act recent changes Basel Convention”

EERA wishes to react to the “Informal consultation on a draft delegated act to implement recent changes to the Basel Convention”. Petrochemicals Enzymes Plastics News

The Norwegian proposals that have been culminated in a decision of the Basel Convention of May 2019 to include certain plastics waste under the control mechanism of the Convention were primarily made with the objective to reduce marine litter.

EERA fears that the proposed Delegated Act might result in WEEE plastics to become classified as hazardous under the code A3210, at least in some EU countries, as these WEEE plastics are a mixture of plastics contaminated with some restricted substances, such as some POP substances. Some (but certainly not all) brominated flame retardants, for instance, are restricted as POP and they have been used as additives in plastics used in electronic products.

EERA reaction “Draft Delegated Act recent changes Basel Convention”

Petrochemicals Enzymes Plastics News

Petrochemicals Enzymes Aromatics News 30-05-2020

Petrochemicals Enzymes Aromatics News 30-05-2020

Petrochemicals Enzymes Aromatics News

-How is Rising Concerns Regarding Environment Driving Bio-Based PET Market?

The use of plastic is highly common in both general and industrial applications, owing to which, plastic has almost become an indispensable part of everyone’s daily lives.

Despite its extensive range of applications, the use of plastic needs to be minimized as it is causing severe harm to the environment.

One kg of plastic emits approximately six kg carbon dioxide, which has resulted in global warming.

Moreover, governments of several countries are imposing strict rules and regulations for decreasing greenhouse gas (GHG) emissions.

For example, France adopted the Energy Transition for Green Growth Law in 2015 for reducing GHG emissions and diversifying its energy supply by decreasing the use of nuclear and fossil fuels.

Petrochemicals Enzymes Aromatics News

-The Role of Nanotechnology in the Production of Fabrics

Nanotechnology has recently brought immense improvement in the textile industry. The unique properties of nanomaterials are applied in an efficient manner by textile engineers and scientists, and it has gained enormous attention in the commercial market for their huge economic benefits.

Production of Specialized Fabrics Using Nanotechnology

Nanomaterials in textiles have proved to be immensely valuable for the manufacturing of protective garments for workers involved in emergency services such as military personnel, firefighters and medical workers.

There are different methods for the production of nanoengineered textiles. For example, sometimes synthesized nanoparticles are incorporated into the fibers or textiles.

Petrochemicals Enzymes Aromatics News

-The next big fashion trend could be antiviral clothing

Antiviral products going, well, viral is nothing new. While slowly creeping back onto shelves, the nationwide shortage of hand sanitizers is still a recent memory (via New York Times). To protect ourselves from the novel coronavirus, we as a society will try just about anything. As we buy up sanitizers, wipes, and add face masks to our wardrobes, we continue the quest for extra protection. Next on that quest may be antiviral clothing.

Canadian inventor Giancarlo Beevis describes the inspiration: “As people start to go back to work and we try to restart our economy, they want to feel protected” (via Fast Company). Beevis’ vision for the textile market has been spurred forward by a partnership with Youngdo Kim, CEO of Okyung International, a Korean textile manufacturer, in what the partners hope will be a fast-tracked, emergency use claim that their product kills this coronavirus.

Petrochemicals Enzymes Aromatics News

-Dow moves ahead with the RENUVA™ Mattress Recycling Program

Pioneering production facility will recycle end-of-life mattresses into raw material suitable for use in new polyurethane products

HORGEN, Switzerland, – Dow Polyurethanes (PU), a business division of Dow (NYSE: Dow), is proud to announce a breakthrough in its RENUVA™ Mattress Recycling Program with a plan to install a pioneering industrial scale production facility at Orrion Chemicals Orgaform in Semoy, France.

The RENUVA™ Mattress Recycling Program will take discarded mattress foam and turn it back into raw material (polyol) through chemical recycling, the process of converting waste into feedstock. The new raw material can then be used in flexible or rigid foam products to go into applications such as building insulation boards and even back into new mattresses.

Every year, around 30 million mattresses are thrown away in Europe. If they were all stacked up, the pile would be 678 times the height of Mount Everest1. This new initiative will help enable a more circular economy for polyurethanes by ensuring the applications they are used in can be recycled, and it can help the EU reach its goal of having 65% of municipal waste recycled by 2030.

Petrochemicals Enzymes Aromatics News

-How does the world’s plastic waste get recycled? Or does it? And will recycling solve our problems?

The six very important questions about plastics recycling

Our relationship with plastics is changing fast. Recycling is key to replacing the material’s old linear life cycle with a circular one, prolonging its lifetime – but there is still confusion over many aspects of the recycling process.

Imagine a plastic bag blowing in the wind. It sweeps past your window, untangles itself from the branches of a tree and finally disappears from sight. Now imagine that bag was the last stray piece of plastic waste there ever was.

Plastic waste is a growing environmental concern for our generation but it doesn’t need to be a problem for the next. Besides an attitude change towards seeing all waste as a valuable material for new uses, plastics recycling is one of the key elements helping to solve the plastic waste crisis. But there is a lot of confusion about how plastics recycling process actually works. We asked experts to answer the big questions surrounding recycling to find out how close we are to solutions.

Petrochemicals Enzymes Aromatics News

-The plastics industry is using COVID-19 to lobby against legislation of single-use plastic

Could the COVID-19 pandemic catalyse a loosening of environmental protections in the name of public health?

That’s the subtext of lobbying efforts from the Plastics Industry Association and petrochemicals giants in the US, which attempts to highlight the public health risks of restricting single-use, oil-based plastics. They may have their work cut out.

As a recent social sciences study from The University of Amsterdam and Avantium highlights, consumers are increasingly aware of the environmental impact of the things they buy, and prepared to pay a premium for sustainable products.

The pandemic’s effect on our travel and working behaviour have revealed the positive effects of reducing greenhouse emissions more than ever. The irony is that plant-based polymers and intermediates are if anything superior to the petroleum-based substances they replace.

A good example is PEF (polyethylene furanoate) – a plant-based alternative to PET.  Unlike most petroleum-based plastics, PEF is 100% recyclable and has close to zero gas permeability. Moreover, it can be produced, processed and recycled in existing assets, making it an attractive product for producers, converters and recyclers.

The plastics industry is using COVID-19 to lobby against legislation of single-use plastic

-AIMPLAS targets dairy packaging odours

A method of using microorganisms to eliminate odours from dairy packaging is being developed by the Plastics Technology Centre (AIMPLAS) as part of its ongoing project to develop more sustainable processes.

The Enzplast2 project, named as such because it is in its second year, focuses on the use of enzymes for different applications.

Initial results from the AIMPLAS centre in Valencia, Spain, indicate a reduction in the odour intensity of recycled dairy packaging.

AIMPLAS targets dairy packaging odours

-How a circular economy approach can help protect the environment for future generations

Used PET bottles can play an important role in addressing the environmental impact of plastic

Lightweight and inexpensive, plastic is one of the world’s most used materials, but its extreme durability means that effective end-of-life management is critical. High quality recycling is therefore an indispensable solution for processing plastic waste.

Recycling considerably benefits the environment, as new goods are replaced by recycled goods. It reduces demand for raw resources, requires less energy for processing, and reduces the quantity of plastic in the landfill.

PET is the most recycled plastic because of its multiple advantages over other types of plastic. It is a very inert polymer, which makes PET packaging ideal for storing food, as it has virtually no interaction with the contents. It has the property of creating a barrier for oxygen and water and can be easily formed, and is highly resistant and very lightweight. Also, it can be used to produce transparent bottles, which is not possible with PE or PP.

How a circular economy approach can help protect the environment for future generations

-Coronavirus, oil price crash – impact on chemicals

Asian petrochemical shares fell along with crude oil on Friday on concerns over China’s decision to impose a new national security law on Hong Kong, which the US, UK, Canada and Australia deemed to be “in direct conflict with its international obligations”.

In the vinyl acetate monomer (VAM) market, northeast Asian producers have hiked offers to pass on firmer ethylene input costs to buyers, while demand remained weak and supply ample.

Economic data out of Asia continued to show strong hits from the measures implemented to contain the deadly novel coronavirus pandemic.

Coronavirus, oil price crash - impact on chemicals

Petrochemicals Enzymes Aromatics News

Petrochemicals Enzymes Aromatics Films 29-05-2020

Petrochemicals Enzymes Aromatics 28-05-2020

Petrochemicals Enzymes Aromatics

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Impact of India’s anti-dumping investigation on China polyester single yarn market

According to Ministry of Commerce, the Ministry of Commerce and Industry of India announced that it will initiate an anti-dumping investigation on polyester yarn (polyester spun yarn) originating in China, Indonesia, Nepal and Vietnam on May 21, 2020. The products mainly involves the products under Indian customs code 55092100. According to the announcement, stakeholders should submit relevant information to the investigating authority within 30 days from the date of filing.

So what’s the impact of the anti-dumping investigation on China polyester single yarn market?

Petrochemicals Enzymes Aromatics

-Europe PET demand outlook unclear as lockdowns ease, market remains in survival mode

The polyethylene terephthalate (PET) industry in Europe had a surprisingly good run on sales during March’s pandemic shopping spree, but there is no getting away from the toll of a depressed economy.  Petrochemicals Enzymes Aromatics

Consumer focus was on essentials. And on the shopping list were 1l, 1.5l even 2l PET bottles of water and olive oil, for example.

Plastic-clad fruit and vegetables and other foods encased in packaging won over shoppers because of the hygiene aspect.

April demand was still good, particularly the first half, but the panic has since disappeared.

“For a month and a half, supermarkets were full of fruit in baskets and food on trays. They still are, but not as much,” a buyer said.

Petrochemicals Enzymes Aromatics

-Direct-spun PSF keeps rangebound in May

After sharp rise and fall in Apr, direct-spun PSF stayed rangebound in May.

In end-Apr to early May, direct-spun PSF price slid to 5,300-5,500yuan/mt, close to Apr’s low.  Petrochemicals Enzymes Aromatics

Downstream spinners which had missed previous low went bottom fishing successively, resulting in smooth transactions of direct-spun PSF before and after May Day holiday. Some over-the-counter capacity was even heard to be involved.

Quickly, direct-spun PSF plants revised prices up to about 6,000yuan/mt.

Although the trading volume was small later due to higher prices, the plants kept prices firm with shortage of supply.

Petrochemicals Enzymes Aromatics

-Lactips raises 13 million euros to drive development

Lactips, the French company specialised in producing a soluble bioplastic with zero environmental trace, has raised 13 million euros in new capital.

This round was led by Bpifrance’s SPI (Société de Projet Industriel) fund, managed on behalf of the French Government as part of the Investments for the Future Program (PIA), and Diamond Edge Ventures (DEV), the innovation investment arm of Mitsubishi Chemical Holdings Corporation (MCHC).  Petrochemicals Enzymes Aromatics

Lactips now has the financial resources needed to drive the development of its innovative and responsible biosourced, biodegradable and water-soluble solution, providing an alternative for numerous industrial plastics.With this key round of fundraising, Lactips will accelerate the industrialization of its plastic pellets and films to offer a wider selection of fully biodegradable and recyclable biosourced packaging.

Petrochemicals Enzymes Aromatics

-Celanese Files Anti-Dumping Petition With the European Commission Against Korea Petrochemical Industry Co., Ltd.

Celanese Corporation, a global chemical and specialty materials company, today announces it has filed a petition with the European Commission’s Directorate-General For Trade seeking Anti-Dumping duties on imports of Ultra-High Molecular Weight Polyethylene (UHMWPE) from Korea Petrochemical Industry Co., Ltd. (KPIC) of Seoul, South Korea, into the European Union.  Petrochemicals Enzymes Aromatics

“After successfully filing an anti-dumping case in the U.S., which the U.S. authorities voted unanimously to continue an investigation into, and in order to further ensure Celanese is able to operate in fair and sustainable industry conditions globally, we were compelled to also file an anti-dumping case against KPIC in Europe to address their destructive pricing practices in that region which have caused Celanese’s UHMWPE business to suffer significantly over the last several years since KPIC began selling in the region,” said Tom Kelly, Senior Vice President of the Engineered Materials business of Celanese.

Petrochemicals Enzymes Aromatics

-US Capital-Equipment Orders Fall for Second Consecutive Month

Commerce Department data suggest momentum in capital investment has paused as global trade concerns persist. Petrochemicals Enzymes Aromatics

Orders placed with U.S. factories for business equipment declined in September for a second month, a sign momentum in capital investment has paused as global trade concerns persist, Commerce Department figures showed Thursday.

Highlights of Durable Goods

Non-military capital goods orders excluding aircraft fell 0.1% (est. 0.5% rise) after dropping 0.2% the prior month (revised from 0.9% decline); figure is proxy for business investment.   Petrochemicals Enzymes Aromatics

Shipments of those goods, used to calculate gross domestic product, were unchanged (est. 0.4% increase); prior month revised to unchanged from 0.2% drop.

US Capital-Equipment Orders Fall for Second Consecutive Month

-Idemitsu expects stable petrochemical sales in 2020-21

Japanese refiner and petrochemicals producer Idemitsu expects to maintain sales of its basic petrochemical products in the April 2020-March 2021 fiscal year at the same level as 2019-20.  Petrochemicals Enzymes Aromatics

Idemitsu sold a total of 4.1mn t of basic petrochemical products, including ethylene, paraxylene (PX), propylene and styrene monomer (SM), in 2019-20, down by around 5pc from 4.3mn t in 2018-19. The sales volume of each product was not disclosed.

The company has a production capacity of 1mn t/yr for ethylene, 1.3mn t/yr for PX, 817,000 t/yr for propylene and 750,000 t/yr for SM.

Idemitsu expects stable petrochemical sales in 2020-21

-Will U.S. Shale Survive If Oil Hits $40?

Within a month, the U.S. oil benchmark West Texas Intermediate recorded two first-of-a-kind events. First, it fell below zero on April 20. Then, it soared up so high it is about to book its best month ever, CNBC’s Pippa Stevens noted in a recent commentary. Still, many analysts and other observers remain wary of any premature optimism.

They have a good reason to be.  Petrochemicals Enzymes Aromatics

WTI is now trading at close to $35 a barrel. That’s up from less than $13 a barrel a month ago. Marked improvement is one way you could frame this–an incredible rally is another. And yet this rally did not happen on its own. It followed a fast reduction in production and the gradual lifting of lockdowns across the States and elsewhere as many parts of the world concluded that the worst of the coronavirus pandemic is over.

Will U.S. Shale Survive If Oil Hits $40?

-Marine microplastic pollution is worse than we thought

There are plenty of microplastics in the oceans, yet just how much of the stuff is out there may come as a shock. Brace yourself: the amount is many times more than previously thought.

So says a team of scientists in the United Kingdom who used nets with a mesh size of 100 micrometers (0.1mm), the width of a human hair, to see how many tiny plastic particles ended up in those nets. The researchers sampled water taken at two locations on both sides of the Atlantic: the English Channel in Europe and off the coast of Maine in North America. Petrochemicals Enzymes Aromatics

For many previous measurements, nets with a mesh size of 333 micrometers were used, but those failed to nab finer particles of plastic debris floating in the seas, explain the researchers who published their findings in a study. Using the finer 100μm mesh nets, however, the scientists found that the concentration of microplastics were between  2.5 and 10 times greater than when nets with 333μm and 500μm meshes were employed.

Marine microplastic pollution is worse than we thought

-Chemical recycling proves faster, more efficient way of recovering plant-based bioplastics

UK researchers speed up the process and produce biodegradable solvent

A faster, more efficient way of recycling plant-based “bioplastics” has been developed by a team of scientists at the Universities of Birmingham and Bath in the UK.

The team has shown how their chemical recycling method not only speeds up the process, it converts bioplastic material into a new product – a biodegradable solvent – which can be sold for use in a wide variety of industries including cosmetics and pharmaceuticals.

According to the researchers, bioplastics, made from polylactic acid (PLA), are becoming increasingly common in products such as disposable cups, packaging materials and even children’s toys. Petrochemicals Enzymes Aromatics

Typically, once they reach the end of their useful life, they are disposed of in landfill or composted, biodegrading over periods of up to several months.

-Chemical recycling proves faster, more efficient way of recovering plant-based bioplastics

Petrochemicals Enzymes Aromatics

Petrochemicals Enzymes Automotive 27-05-2020

Asian manufacturer June PVC prices China

Asian manufacturer June PVC

A major Asian manufacturer raised June PVC prices for China at USD40 per ton

Asian manufacturer June PVC

MOSCOW – A major producer of petrochemical products in Northeast Asia (NEA) has increased its price offerings for polyvinyl chloride (PVC) for supplies to the Chinese market in June by USD40 per tonne compared to April, market sources told ICIS .

Thus, the company’s June price offers for China were announced at the level of USD700 per tonne, CFR China, with a discount of USD10 per tonne for material volumes from 500 tons, market sources said.  Asian manufacturer June PVC

For the markets of Southeast (Southeast Asia) and Northeast Asia (NEA), as well as for other regions, the company called the June PVC price offers at USD670 per tonne, FOB NEA / Southeast Asia / other regions. The above discount also applies.

Market sentiment is supported by steady demand from China, as well as easing restrictive measures in India.

According to the ICIS-MRC Price Review , negotiations began last week regarding the June level of prices for Russian PVC for supplies to the domestic market. Domestic manufacturers expectedly announced plans to achieve higher prices, while at the same time, in most cases, they were talking about minimal price increases.

mrcplast.ru

Author: Margarita Volkova

Petrochemicals Enzymes Automotive News 03-06-2020

Formosa delays turnaround at its PVC plant in Lousiana to July

Petrochemical Polymers Chemical Paraxylene Trend

Petrochemical Polymers Chemical Paraxylene

Petrochemical Polymers Chemical Paraxylene

Polyestertime
ITEM25/05/202001/06/2020+/-
Bottle grade PET chips domestic market5,575 5,600 yuan/ton+25
Bottle grade PET chips export market690 $/ton685 $/ton-5
Filament grade Semidull chips domestic market

Petrochemical Polymers Chemical Paraxylene

4,750 yuan/ton4,750 yuan/ton
Filament grade Bright chips domestic market4,850 yuan/ton4,850 yuan/ton
Pure Terephthalic Acid PTA domestic market3,480 yuan/ton3,580 yuan/ton+100
Pure Terephthalic Acid PTA export market
420 $/ton435 $/ton+15
Monoethyleneglycol MEG domestic market3,570 yuan/ton3,630 yuan/ton+60
Monoethyleneglycol MEG export market420 $/ton425 $/ton-+5
Paraxylene PX FOB  Taiwan market486 $/ton474 $/ton-12
Paraxylene PX FOB  Korea market468 $/ton456 $/ton-12
Paraxylene PX FOB EU market

Petrochemical Polymers Chemical Paraxylene

399 $/ton393 $/ton-6
Polyester filament POY 150D/48F domestic market5,460 yuan/ton5,380 yuan/ton
-80
Recycled Polyester filament POY  domestic market5,700 yuan/ton5,600 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market7,100 yuan/ton7,100 yuan/ton
Polyester filament FDY 68D24F domestic market 7,000 yuan/ton6,900 yuan/ton-100
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Chemical Paraxylene
6,280 yuan/ton6,230 yuan/ton-50
Polyester staple fiber 1.4D 38mm domestic market5,950 yuan/ton5,820 yuan/ton-130
Caprolactam CPL domestic market9,800 yuan/ton9,750 yuan/ton
-50
Caprolactam CPL overseas  market1,020 $/ton1,065 $/ton+45
Nylon6 chips overseas  market1,320 $/ton1,350 $/ton+30
Nylon6 chips conventional spinning domestic  market10,900 yuan/ton10,900 yuan/ton
Nylon6 chips  high speed spinning domestic  market10,850 yuan/ton10,950 yuan/ton+100
Nylon 6.6 chips domestic  market17,500 yuan/ton17,050 yuan/ton-450
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Chemical Paraxylene

13,000 yuan/ton13,100 yuan/ton+100
Nylon6 Filament DTY 70D/24F domestic  market16,100 yuan/ton16,200 yuan/ton+2
Nylon6 Filament FDY  70D/24F  domestic  market14,000 yuan/ton14,000 yuan/ton+200
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,000 yuan/ton29,000 yuan/ton
Adipic Acid domestic market6,150 yuan/ton6,300 yuan/ton+150
Benzene domestic market3,450 yuan/ton3,530 yuan/ton+80
Benzene overseas  market404 $/ton398 $/ton
-6
Ethylene South East market615 $/ton640 $/ton+25
Ethylene NWE  market478 $/ton530 $/ton+52
Acrylonitrile ACN  domestic market7,400 yuan/ton8,300 yuan/ton+900
Acrylonitrile ACN  overseas market900 $/ton900 $/ton
Acrylic staple fiber ASF  domestic market11,100 yuan/ton11,300 yuan/ton+200
Viscose Staple Fiber VSF  domestic market8,800 yuan/ton8,800 yuan/ton
PP Powder domestic market7,300 yuan/ton7,350 yuan/ton+50
Naphtha overseas market 

Petrochemical Polymers Chemical Paraxylene

290 $/ton297 $/ton
+7
Phenol domestic market 6,900 yuan/ton6,750 yuan/ton-150
PS Taiwan 5250 GPPS930 $/ton 970 $/ton+450
PS Taiwan 8250 HIPS1,060 $/ton 1,110 $/ton+50
LDPE CFR Far East 822 $/ton832 $/ton+10
LLDPE CFR Far East732 $/ton752 $/ton+20
LDPE   FOB Middle East814 $/ton824 $/ton+10
LLDPE FOB Middle East724 $/ton744 $/ton+20
HDPE CFR Far East754 $/ton803754 $/ton
LDPE FD Northwest Europe 813 €/ton813 €/ton-+10
LLDPE FD Northwest Europe 753 €/ton773 €/ton+20
Homopolymer PP CFR Far East805 $/ton835 $/ton+30
Homopolymer PP FD NWE801 €/ton801 €/ton

Petrochemical Polymers Chemical Paraxylene

Petrochemicals Enzymes Aromatics Films 29-05-2020

Petrochemicals Enzymes Aromatics Films

Crude Oil Prices Trend

Crude Oil Prices Trend

-ESG Focus: Licella, An Australian Company Taking On The World

Australian company Licella, is an interesting case study in plastic-recycling disruption. FNArena examines the way in which disruptive companies in this sector are forcing a foot in the door of a tightly held industry.

“A bridge to a lower carbon future” -Licella website

I precis this article with Licella’s tagline as a reminder of the vagaries of disruption. The company acknowledges that this is just a bridging technology – that there is more to come.

From an ESG perspective, Licella (unlisted) appears an interesting case study in the strategic approach small potentially disruptive companies might adopt to succeed in industries dominated by heavyweights such as Big Oil and Big Plastic.

Licella’s management was unavailable for comment so the information in this article is based on published data.

Petrochemicals Enzymes Aromatics Films

-NASB plans research on biodegradable materials and packaging

The National Academy of Sciences of Belarus (NASB) is planning to research biodegradable materials and packaging. Petrochemicals Enzymes Aromatics Films

The announcement was made by Belarusian Natural Resources and Environmental Protection Minister Aleksandr Korbut during the international scientific conference Sakharov Readings 2020: Environmental Problems of the 21st Century, BelTA reported.

The research and development will focus on identifying technologies that are suitable in terms of economic and environment friendliness.

Petrochemicals Enzymes Aromatics Films

-Spain ‘very positive’ about the future of plastics recycling

The innovative R&D project Circ-Pack has successfully developed solutions covering the full plastics value chain. Petrochemicals Enzymes Aromatics Films

Industry partners from over 22 European countries say their work proves the feasibility of making plastics circular as well as consumer-friendly way.

The 3-year long project, which was funded by the European Commission, achieved its objectives: developing alternative biodegradable and compostable biomaterials and recyclable bio-based plastic, producing eco-designed formats to replace the non-recyclable multilayer and multi-material packaging, while enhancing sorting and recycling processes.

Petrochemicals Enzymes Aromatics Films

-Neste and Covestro join forces – renewable raw materials for plastics production

Neste and Covestro are starting a strategic cooperation in Europe to promote the use of sustainable raw materials in plastics production. Covestro will be supplied with material from renewable sources to replace a significant portion of the fossil raw materials used to date in the manufacture of polycarbonates. This type of a high-performance plastic is used, for example, in car headlamps, LED lights, electronic and medical devices and automotive glazing. Petrochemicals Enzymes Aromatics Films

Over the short term, the collaboration aims to replace several thousand tons of fossil raw materials in the production of polycarbonates with raw materials produced with Neste’s renewable hydrocarbons. Neste produces its renewable hydrocarbons entirely from renewable raw materials, such as waste and residue oils and fats.

Petrochemicals Enzymes Aromatics Films

-Short-term outlook for caprolactam market – a tad strong in June

So far until the end of May, the entire development of caprolactam market in China was in narrow range bound.

There were no issues in the supply and demand relations of CPL, nylon 6 chip and textile filament yarn, and no particular problems in their operating rate, inventory and cash flows. Petrochemicals Enzymes Aromatics Films

The market could be described as neutral.

Considering the COVID-19 pandemic, China, South Korea, and most countries in Europe have entered a new stage of anti-pandemic, and economic activities have gradually been recovered, and prevention and control have been differentiated.

But the number of infected people in the United States, Brazil, India and some other countries of large popularity is constantly refreshing, which means that the impact of the pandemic is far from over.

It also means that the export order for China will be restricted in a long time.

Petrochemicals Enzymes Aromatics Films

-Will There Be Another Oil Price War?

Two months ago, Russia said no to Saudi Arabia’s proposal for deeper oil production cuts. It was enough to start a price war that, coinciding with the Covid-19 pandemic, wiped out billions in oil revenues for both Russia and Saudi Arabia while forcing them to enact even deeper cuts than previously discussed. Petrochemicals Enzymes Aromatics Films

Some say the price war was never about Saudi Arabia and Russia. They say it was about U.S. shale. If that is accurate, what happens when the U.S. shale patch regains enough strength to start ramping up production again?

It might sound premature to talk about production ramp-ups with West Texas Intermediate still below $40 a barrel and likely to stay below this crucial mark for a while.

Will There Be Another Oil Price War?

-New Method Developed For Bioplastics To Decompose Faster

Bioplastics have emerged as a viable option in the making of single-use products such as packaging materials, disposable cups, and similar items. Bioplastics are compostable and biodegradable over periods of up to several months. Now, in a ground-breaking research, scientists from the University of Bath and University of Birmingham have developed a more efficient way to recycle plastics.

Whilst bioplastics biodegrade quite fast, but still account for occupying space in landfills. And, amount to not very efficient use of materials and energy. The items manufactured are used only for a couple of seconds, and then discarded.

Following this, a huge truck has to be arranged, get the discarded items picked, and transport them to the landfill where they stay for several months. Nonetheless, bioplastics are better than old-fashioned plastics that take decades or even hundreds of years to decompose. Petrochemicals Enzymes Aromatics Films

New Method Developed For Bioplastics To Decompose Faster

-Less than 10% of all plastic trash ever produced has been recycled. Is this the breakthrough we’ve been waiting for?

A process known as chemical recycling offers a promising way to turn used products into new ones with a minimum of waste

Plastic. It’s not hard to see how anyone who is appalled at the despoliation of the environment could think that the world would be better without it. Nearly 10% of the world’s oil is used in making it. It has enabled the proliferation of cheap goods — cramming closets, landfills and otherwise-unspoiled places where it could remain for decades, if not centuries. Petrochemicals Enzymes Aromatics Films

Yet, because it’s so much lighter than the steel and glass it has replaced in vehicles and elsewhere, plastic has massively reduced fossil fuel emissions. And in the midst of a global pandemic, the need to securely protect food and personal items with impermeable packaging is essential.

https://ensia.com/features/plastics-chemical-recycling/

-German economy to contract by 6.6% in 2020, chems to recover in nine months

The German economy is anticipated to contract by 6.6% in 2020, leading to growth of 10.2% the following year from that lower level, according to analysis from the ifo Institute on Thursday. Petrochemicals Enzymes Aromatics Films

The estimate was released in the institute’s updated economic forecast for 2020/21 – following a survey among companies in May – which outlines a 12.4% drop in the second quarter this year and a recovery expected by the middle of 2021.

While services remain more affected by the impact of the pandemic than manufacturing,  the chemicals industry may be one of the slowest to recover, with normalisation in the sector likely to happen in 10 months’ time.

German economy to contract by 6.6% in 2020, chems to recover in nine months

-Coronavirus, oil price crash – impact on chemicals

European chemicals stocks and bourses rose healthily on Thursday on the back of hopes the lockdown easings will revive economic activity and liquidity provided by central banks will soften the recession blow. Petrochemicals Enzymes Aromatics Films

However, crude oil futures for delivery in July, which surpassed the $36/bbl mark earlier in the week, traded by Thursday afternoon closer to the $34/bbl mark.

The German economy is anticipated to contract by 6.6% in 2020, leading to growth of 10.2% the following year from that lower level, according to analysis from the ifo Institute on Thursday.

Coronavirus, oil price crash - impact on chemicals European chemicals stocks and bourses rose healthily on Thursd

Petrochemicals Enzymes Aromatics Films

Petrochemicals Enzymes Aromatics 28-05-2020

Petrochemicals Enzymes Automotive 27-05-2020

Petrochemicals Enzymes Automotive

Crude Oil Prices Trend  

Crude Oil Prices Trend  

-German industry expectations rise in May but situation remains dire

Germany’s export-reliant industrial companies’ sentiment on future expectations markedly improved in May as the country started easing its lockdown, but current business conditions remain bleak, research institute Ifo said on Monday.

However, the extent of the downturn caused by the coronavirus (see graph) may cause the worst recession in Germany in decades.

“Nevertheless, many companies are still pessimistic about their business … In manufacturing, the Business Climate Index rose appreciably [but] this was due only to companies’ much improved expectations,” said Ifo’s president Clemens Fuest.

“Industrial companies are still a long way from optimism. Their assessment of the current situation was once again markedly worse.”

Petrochemicals Enzymes Automotive

-Noble Biomaterials Announces Launch Of New Brand Identity — Ionic+®

Noble Biomaterials, the global supplier of antimicrobial and conductivity solutions for soft-surface applications, today announced the launch of a new brand identity — Ionic+™ — for its antimicrobial technology formerly known as XT2.

The new brand name, logo and tagline will more clearly convey the benefits and story of Ionic+, a technology that uses positively charged silver ions to provide microbial and odor protection for the life of a product. Petrochemicals Enzymes Automotive 

More than 30 leading brands, including Athleta, Mack Weldon, Fox Racing, Rhone, Hill City, Tory Lee Designs, Giro, Rhoback, Gekks, BN3TH, and Silvon bedding & towels already use Ionic+ to impart a performance edge to their products.

Petrochemicals Enzymes Automotive

-Coca Cola Indonesia Establishes High-tech Recycling Facility

Coca Cola Amatil Indonesia signed a Head of Agreement with Dynapack Asia, a packaging company, to build a recycling facility that is claimed to be the world’s most sophisticated.

“It’s our step in realizing the sustainability of the environment,” Coca Cola Indonesia CEO Kadir Gunduz said in a press release on Wednesday, May 20.

The facility will recycle low-quality Polyethylene Terephthalate (PET) wastes into high-quality PET, which will be food grade.  Petrochemicals Enzymes Automotive 

Kadir claimed the use of recycled plastic can reduce the amount of resin in new plastics. In 2020, companies are predicted to use around 25,000 tons of plastics.

Petrochemicals Enzymes Automotive

-Harmonising Design for Recycling across the plastics value chain

Next step will be certification

In 2019, several players from the value chain of plastics packaging joined forces in the RecyClass Platform initiative, aimed at advancing plastic packaging recyclability within Europe.  Petrochemicals Enzymes Automotive 

Together, they created harmonised Design for Recycling Guidelines, a scoring method, and test protocols to assess the recyclability of plastics packaging and of new packaging technologies in the European market. RecyClass also provides specific recommendations on how to improve packaging design to fit current recycling technologies and the testing of innovative materials.

Using these guidelines provides more clarity to designers about how to create recyclable packaging, and for brands and converters to assess the recyclability of their existing specific packages.

Petrochemicals Enzymes Automotive

-Celebrating nine years of ECONYL® nylon with nine highlights and a glimpse into the future

We’re thrilled to be celebrating nine years since our ECONYL® regenerated nylon was created and launched to the market.

It’s strange to be celebrating these days, but we are living in a moment of great reflection, so it becomes natural to see our story in connection with so much that has changed in the world in nine years, especially now with everything that COVID-19 has made more visible and accelerated.  Petrochemicals Enzymes Automotive 

Sustainability slowly went from being a problem of individual choices to being a broader topic that needed strong industry collaboration. Sustainability has proven that it can also be good for business and innovation, all while demanding more and more from outside the industry and the public.

Petrochemicals Enzymes Automotive

-Hygienic and sustainable: antimicrobial fast food serving trays from recycled ocean waste

Germ-free trays, peace of mind

When it finally comes time for the fast-food restaurants and cafeterias to reopen, this will only be allowed if certain protocols are in place. Petrochemicals Enzymes Automotive 

But what about something as simple as the serving tray? Until now, these have often received no more than a cursory wipe down after use – often with the same cloth that is used to clean other surfaces as well. It is a highly efficient way to spread germs around.

A Norwegian company called ZincIn AS has come up with an alternative approach, which ticks both the sustainability and the hygiene box at the same time.

Hygienic and sustainable: antimicrobial fast food serving trays from recycled ocean waste

-New Plant-Based Bottles Made From Plant Sugar Degrade in a Year

A new “all-plant” drink bottle is underway at a Netherlands biochemicals company.

These bottles are made from sustainable crops and decompose within a year.

The bottle is made from plant sugars instead of traditional fossil fuels.

Avantium is the company behind the bottle.  Petrochemicals Enzymes Automotive 

They have already found support from beer company Carlsberg, who plans to sell a plant-plastic lined cardboard bottle in future beverage releasesCoca-Cola and Danone have also backed the product.

New Plant-Based Bottles Made From Plant Sugar Degrade in a Year A new “all-plant” drink bottle is underway at a Netherlands biochemicals co

-Coca Cola considers building Indonesian recycling plant to slash 25,000 tons of plastic

Soft drinks manufacturer Coca Cola Amatil Indonesia (Amatil) is looking into developing a plastic bottle recycling facility in one of the world’s top plastic polluting countries.

The company said on Friday it had signed a deal with plastic packaging maker Dynapack Asia to conduct a feasibility study on developing the facility. The soft drinks maker also said it aimed to cut consumption of new plastic resin by up to 25,000 tons a year by 2022 by using recycled plastic.  Petrochemicals Enzymes Automotive 

The statement did not mention Amatil’s total annual new plastic resin consumption. However, a 2019 report shows that the Coca-Cola Company produced 3 million tons of plastic packaging in 2017, the highest among 31 companies listed in the report.

-Coca Cola considers building Indonesian recycling plant to slash 25,000 tons of plastic

-US blacklisting of Chinese high-tech firms opposed

The US government’s decision to add 33 Chinese technology companies and institutions to its “Entity List” will hurt the interests of the suppliers in the United States and impede international technology cooperation, especially with the novel coronavirus pandemic triggering a global economic downturn, experts said. Petrochemicals Enzymes Automotive 

The US Department of Commerce placed the companies and institutions, including cybersecurity company Qihoo 360 Technology, artificial intelligence startup Cloud-Walk Technology and Beijing Computational Science Research Center, on a list barring them from buying components from US companies without government approval.

-US blacklisting of Chinese high-tech firms opposed

-Team of Canadian and Italian researchers breaking new ground in materials science

A study by a team of researchers from Canada and Italy recently published in Nature Materials could usher in a revolutionary development in materials science, leading to big changes in the way companies create modern electronics.

The goal was to develop two-dimensional materials, which are a single atomic layer thick, with added functionality to extend the revolutionary developments in materials science that started with the discovery of graphene in 2004. Petrochemicals Enzymes Automotive 

In total, 19 authors worked on this paper from INRS, McGill, Lakehead, and Consiglio Nazionale delle Ricerche, the national research council in Italy.

Team of Canadian and Italian researchers breaking new ground in materials science

Petrochemicals Enzymes Automotive

Petrochemicals Enzymes Circular Economy 26-05-2020

Petrochemicals Enzymes Circular Economy 26-05-2020

Petrochemicals Enzymes Circular Economy

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-China: “We are one step away from a new Cold War with the US”

Is the world sleepwalking into a new war, be it hot or cold? And is the virus the oil to lubricate and fuel the clash that is centered on China and the US, but impacts the world?

Are countries playing a bizarre game of chicken where neither wants to step back for fear of losing domestic support? It is hard to miss this trend and most importantly, this is all happening without checks and stops.

There is no international organization apparently able to pull the brakes or mediate in this predicament.

Petrochemicals Enzymes Circular Economy

-Sentiment shifting in US PE markets as export offers rise

Sentiment is showing signs of shifting in the US polyethylene (PE) market. Export offers are starting to trend higher while price increase initiatives have been announced in the domestic market.

DEMAND BETTER THAN EXPECTED

The PE industry reacted to poor first quarter earnings by implementing operating rate reductions and even idling plants in some cases.

PE demand has not fallen as sharply as some other plastics as much of PE demand comes from consumer non-durables such as food packaging, meaning that a number of major key PE applications have seen steady demand during the coronavirus outbreak.

Overall demand has still fallen with the generally bearish macroeconomic climate, but it would seem that a number of producers achieved better sales than expected during the month of May.   Petrochemicals Enzymes Circular Economy

Petrochemicals Enzymes Circular Economy

-UK researchers develop biopolymer recycling technique

Researchers at two universities develop chemical recycling technique for plant-based biopolymers.

Scientists at the Universities of Birmingham and Bath in the United Kingdom say they have developed a “faster, more efficient way” of recycling plant-based biopolymers or bioplastics. The research was funded by the U.K.-based Engineering and Physical Sciences Research Council. Petrochemicals Enzymes Circular Economy

The research team says its chemical recycling method not only speeds up the process, but can convert discarded bioplastics into a new product—a biodegradable solvent—that “can be sold for use in a wide variety of industries including cosmetics and pharmaceuticals.”

Bioplastics, made from polylactic acid (PLA), are used in products including disposable cups, packaging materials and toys. Typically, once they reach the end of their useful life, they are disposed of in landfills or composted, biodegrading over periods of up to several months, say the researchers.

Petrochemicals Enzymes Circular Economy

-Commercial recyclers feeling the impacts of COVID-19

Most volumes are down, even as businesses slowly reopen, meaning recyclers have to adjust.

While hospitals and health care facilities have remained open and active over the last two months, many other businesses, such as restaurants, schools and offices, have closed, which affects their demands for waste and recycling services. Those fluctuations in recycled materials volumes mean commercial recyclers, like Pittsburgh-based RoadRunner, must accommodate what clients need or don’t need right now.

For RoadRunner, the technology it created has helped the company better manage these changes in customer generation during the COVID-19 pandemic. “We’ve built technology where we can see weekly and daily fill rates on containers,” CEO and founder Graham Rihn says. That technology tells RoadRunner real time volumes for each customer as they generate materials.  Petrochemicals Enzymes Circular Economy

-Commercial recyclers feeling the impacts of COVID-19

-Recent nylon market brief analysis

With the restart and stabilized production of Tianchen Yaolong’s 350kt/year caprolactam plant, supply shortage in South China and Zhejiang province had been basically released, and the tightness in Jiangsu and North China market was also eased to some extent.

After contacting with producers, delivery and operation of CPL plants had been mostly returned to normal pace, and almost no inventory was accumulated so far. Spot CPL price trend stabilized while kept a high status in the week recorded May 18-22.

Nylon 6 chip plants had cut down production accordingly when CPL supply was drained for a period of time. Petrochemicals Enzymes Circular Economy

Operating rate of nylon 6 HS chip plants lowered from 67% to as low as 64% by May 20, and recovered to 66% by May 21; the run rate of CS chip plants dropped from 74% to 68% by May 21; the average run rate of nylon 6 chip plants in China lowered from 70.5% to as low as 66% by May 20 and returned to 67% by May 21.

Petrochemicals Enzymes Circular Economy

-Does rayon yarn market warm up?

More price enquiries were heard recently, and some products enjoyed better sales. From conventional yarn and fabric to colored yarns and high-count yarns all were sold at low level intensively.  Petrochemicals Enzymes Circular Economy

Compared with the bearish sentiment in Mar-Apr when trades were thin despite low prices, high inventory has finally begun to decline which kindled the light of hope for the industry.

Lockdown in many countries eased in May, and major ports also showed signs of restarting. In addition to delivery of pre-cargos, some traders and dyeing mills began to purchase and produce stocks respectively.

It can be seen that what can affect and reflect the market is always the change in end-users demand.

Does rayon yarn market warm up?

-Oerlikon’s new solution enables high-titer yarn production

Oerlikon Barmag, a technology and engineering company, is offering yarn manufacturers a highly-efficient solution: spinning concept with Wings HD winding unit in conjunction with automatic eAFK Big V Multispindle texturing machine. This is currently the only system on market for manufacturing excellent-quality high-titer yarns with maximum machine efficiency.  Petrochemicals Enzymes Circular Economy

12 POY packages of up to 600d/576f (final) are produced in the spinning process using Wings HD 1800. This is made possible as a result of an additional godet, which ensures that the high yarn tensions developing in the process are reduced to the yarn tensions common in the case of the winding process to date. At the same time, the newly-developed suction unit with the accompanying yarn cutting device (yarn collecting system) ensures – both during string-up and in the event of a yarn break –reliable handling of the yarn with an overall titer of 7,200 den (final) and 6,912 filaments.

Oerlikon's new solution enables high-titer yarn production

-Automotive manufacturing chooses carbon dioxide lasers

Carbon dioxide laser-processed components find their way into almost all areas of a typical vehicle.

Modern automotive manufacturing uses a broad range of different materials, including plastics, metals, textiles, glass, and rubber. High-end and luxury vehicles may feature state-of-the-art carbon fiber alongside traditional materials such as wood and leather. Processing such a diverse range of materials requires a versatile tool, and this is where the carbon dioxide (CO2) laser comes in. Invented in 1964, the CO2 laser is one of the oldest laser technologies, yet it remains a mainstay of modern manufacturing and finds a plethora of uses in the automotive industry. Petrochemicals Enzymes Circular Economy

Automotive manufacturing chooses carbon dioxide lasers

-Coca-Cola says its plastic bottles will be biodegradable by 2023

Drink-maker’s support in the Paper Bottle Project is a big win for the environment

Coca-Cola has said goodbye to plastic bottles.  Petrochemicals Enzymes Circular Economy

The soft-drink maker has become one of many companies supporting the ‘Paper Bottle Project’, alongside the likes of Carlsberg and L’Oreal. The initiative aims to reduce plastic bottles entirely, in favour of plant-based biodegradable ones.

And the deadline to get rid of those plastic bottles is sooner than you think; Coca-Cola wants to go plastic-free by 2023 (within the next 24 months).

Coca-Cola says its plastic bottles will be biodegradable by 2023

-Mexico probing links between former president, Baxter International

Mexico City — Mexican President Andrés Manuel López Obrador has ordered officials to investigate whether his predecessor Enrique Peña Nieto and his family benefited from multi-million-dollar contracts allegedly awarded by the Mexican government to health care company Baxter International Inc.   Petrochemicals Enzymes Circular Economy

“We have to investigate if President Peña Nieto is involved and see how long the company has been operating, what contracts it received … if they were awarded directly, through tenders,” Lopez Obrador said at his May 20 daily news conference, according to Reuters.

Petrochemicals Enzymes Circular Economy

Petrochemicals Enzymes Circular Economy

Petrochemicals Enzymes Graphene News 25-05-2020

Petrochemical Polymers Chemical Polyamide Trend

Petrochemical Polymers Chemical Polyamide

Petrochemical Polymers Chemical Polyamide

Polyestertime
ITEM18/05/202025/05/2020+/-
Bottle grade PET chips domestic market5,500 yuan/ton5,575 yuan/ton+75
Bottle grade PET chips export market675 $/ton690 $/ton+15
Filament grade Semidull chips domestic market

Petrochemical Polymers Chemical Polyamide

4,600 yuan/ton4,750 yuan/ton+150
Filament grade Bright chips domestic market4,700 yuan/ton4,850 yuan/ton+150
Pure Terephthalic Acid PTA domestic market3,455 yuan/ton3,480 yuan/ton+25
Pure Terephthalic Acid PTA export market
425 $/ton420 $/ton-5
Monoethyleneglycol MEG domestic market3,525 yuan/ton3,570 yuan/ton+45
Monoethyleneglycol MEG export market420 $/ton420 $/ton-
Paraxylene PX FOB  Taiwan market485 $/ton486 $/ton+1
Paraxylene PX FOB  Korea market467 $/ton468 $/ton+1
Paraxylene PX FOB EU market

Petrochemical Polymers Chemical Polyamide

390 $/ton399 $/ton+9
Polyester filament POY 150D/48F domestic market5,255 yuan/ton5,460 yuan/ton
+235
Recycled Polyester filament POY  domestic market5,350 yuan/ton5,700 yuan/ton+350
Polyester filament DTY 150D/48 F domestic market6,900 yuan/ton7,100 yuan/ton+200
Polyester filament FDY 68D24F domestic market 6,650 yuan/ton7,000 yuan/ton+350
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Chemical CPL
5,950 yuan/ton6,280 yuan/ton+330
Polyester staple fiber 1.4D 38mm domestic market5,850 yuan/ton5,950 yuan/ton+100
Caprolactam CPL domestic market9,850 yuan/ton9,800 yuan/ton
-50
Caprolactam CPL overseas  market1,030 $/ton1,020 $/ton-10
Nylon6 chips overseas  market1,300 $/ton1,320 $/ton+20
Nylon6 chips conventional spinning domestic  market10,600 yuan/ton10,900 yuan/ton+300
Nylon6 chips  high speed spinning domestic  market10,700 yuan/ton10,850 yuan/ton+150
Nylon 6.6 chips domestic  market17,800 yuan/ton17,500 yuan/ton-300
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Chemical Polyamide

13,000 yuan/ton13,000 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market16,100 yuan/ton16,100 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market13,800 yuan/ton14,000 yuan/ton+200
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,000 yuan/ton29,000 yuan/ton
Adipic Acid domestic market6,100 yuan/ton6,150 yuan/ton+50
Benzene domestic market3,500 yuan/ton3,450 yuan/ton-50
Benzene overseas  market379 $/ton404 $/ton
+25
Ethylene South East market505 $/ton615 $/ton+110
Ethylene NWE  market441 $/ton478 $/ton+37
Acrylonitrile ACN  domestic market7,100 yuan/ton7,400 yuan/ton+300
Acrylonitrile ACN  overseas market900 $/ton900 $/ton
Acrylic staple fiber ASF  domestic market11,100 yuan/ton11,100 yuan/ton
Viscose Staple Fiber VSF  domestic market8,800 yuan/ton8,800 yuan/ton
PP Powder domestic market7,300 yuan/ton7,300 yuan/ton
Naphtha overseas market 

Petrochemical Polymers Chemical Polyamide

253 $/ton290 $/ton
+37
Phenol domestic market 6,900 yuan/ton6,900 yuan/ton
PS Taiwan 5250 GPPS950 $/ton 930 $/ton-20
PS Taiwan 8250 HIPS1,070 $/ton 1,060 $/ton-10
LDPE CFR Far East 822 $/ton822 $/ton
LLDPE CFR Far East732 $/ton732 $/ton
LDPE   FOB Middle East814 $/ton814 $/ton
LLDPE FOB Middle East724 $/ton724 $/ton
HDPE CFR Far East724 $/ton803754 $/ton+30
LDPE FD Northwest Europe 803 €/ton813 €/ton-+10
LLDPE FD Northwest Europe 783 €/ton753 €/ton-30
Homopolymer PP CFR Far East800 $/ton805 $/ton+5
Homopolymer PP FD NWE801 €/ton801 €/ton

Petrochemical Polymers Chemical Polyamide

Petrochemicals Enzymes Graphene News 25-05-2020

Petrochemicals Enzymes Graphene News

Petrochemical Polymers Chemical Polyamide

Petrochemicals Enzymes Graphene News

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-2020 Auto Sales Forecast to Drop 22%, with Risk for Further Deterioration

Global light vehicle sales are forecast to be 69.6 million units this year in the wake of the COVID-19 pandemic, according to market watcher IHS Markit, which is also  forecasting a similar decline in global light vehicle production, to 69.3 million units. The world manufactured around 87.4 million light vehicles in 2019, according to the International Organization of Motor Vehicle Manufacturers, 20.7% higher than IHS Markit’s 2020 forecast.

IHS Markit says its current forecast could still yet have some downside. The implications for plastic compounds employed in automobiles are indeed severe, according to Dr. Liang Tao, Global Business Development Director at polyolefin market research firm Townsend Solutions. Based on modeling by Tao, around 900,000 tonnes of polypropylene (PP) consumption will be lost this year due to reduced vehicle production.

Petrochemicals Enzymes Graphene News

-China demand insufficient to sustain Asia petrochemical market gains

China has buoyed petrochemical markets in Asia in recent weeks aided by rising upstream crude prices. But sustaining gains remains a big question mark as the coronavirus pandemic has triggered an unprecedented collapse in demand that could last beyond this year. Petrochemicals Enzymes Graphene News

The global demand shock and supply disruption that ensued as countries isolated themselves to contain the deadly virus may prove too enormous for a quick fix, given that recovery of the world’s second-largest economy in the second half is uncertain at best since external demand is beat.

China decided, at the start of its delayed annual parliamentary session on Friday, for the the first time in 30 years not to set a GDP growth target for the current year.

Petrochemicals Enzymes Graphene News

-Graphene-Reinforced Carbon Fiber May Lead to Affordable, Stronger Composites

A new way of creating carbon fibers — which are typically expensive to make — could one day lead to using these lightweight, high-strength materials to improve safety and reduce the cost of producing cars, according to a team of researchers led by Penn State University. Using a mix of computer simulations and laboratory experiments, the team found that adding small amounts of the graphene to the production process both reduces the production cost and strengthens the fibers. Petrochemicals Enzymes Graphene News

For decades, carbon fibers have been a mainstay of airplane production. If created in the right way, these long strands of carbon-based atoms, narrower than human hair, are lightweight, stiff and strong — a perfect application for keeping passengers safe in a vehicle soaring miles above the ground.

“Even though carbon fibers have really nice features, they would make a car far more expensive” with the way carbon fibers are manufactured now, said Adri van Duin, a professor of mechanical and chemical engineering at Penn State. “If you can get these properties easier to manufacture then you can make cars significantly lighter, lower the cost of them and make them safer.”

Graphene-Reinforced Carbon Fiber May Lead to Affordable, Stronger Composites

-Global PE run rates lower until 2021 as demand weakens, capacity increases

Polyethylene (PE) production globally is expected to run at reduced rates or the rest of 2020 as growing capacities will meet slowing demand for most end sectors, according to ICIS analysis.

In the first phase of the pandemic health emergency, while lockdowns and logistical issues kept PE supply limited in some cases, demand performed extraordinarily well for some specific applications, mainly packaging uses.

Entering into the second phase, ICIS expects that the softening of demand and the gradual return to higher global PE availability will restore the oversupply situation that was already apparent before the crisis. Petrochemicals Enzymes Graphene News

Concerning the different PE polymers, demand for food packaging, medical uses and consumer non-durable applications is still favouring mainly low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) markets.

Petrochemicals Enzymes Graphene News

-PET resin maker Octal nears million tonne milestone

Clear rigid packaging manufacturer Octal is edging towards producing 1 million tonnes annually after increasing its customer base by 500 in the past three years.

The company, which operates plants in Salalah, Oman, and Ohio, USA, said it was enjoying “impressive success” in its PET resin business and was now a supplier to most international brands.

In addition to PET resin, it produces direct-to-sheet PET (dPET), aPET and rPET sheet, and PET packages.

With its headquarters close to the Port of Salalah, Octal said it was committed to creating long-term value for Oman that extended beyond diversification – positioning the Sultanate as a hub for the global PET industry.

PET resin maker Octal nears million tonne milestone

-Customers want more PCR—including food grade—than recyclers can supply. Solutions involve efforts to educate customers, employees, and the community at large. New technologies also offer hope.

With demand for recycled plastics content—especially post-consumer—growing faster than the supply, plastics processors are feeling the squeeze. That’s true for even the largest users of post-consumer recycle (PCR), even one that has its own bale-to-pellet recycling capability. The company in question is Graham Packaging Co. (grahampackaging.com), a producer of more than 16 billion rigid containers per year from HDPE, PP and PET. Based in Lancaster, Pa., GPC has over 60 facilities employing almost 5000 people in 16 nations in North and South America, Asia and Europe. Petrochemicals Enzymes Graphene News

According to Graham’s 2018 Sustainability Report (short.ptonline.com/SustainRpt), the company used 65 million lb of PCR HDPE (rHDPE) that year, of which 42 million lb, roughly the equivalent of 300 million plastic containers (mostly milk jugs), was processed from raw bales by the Graham Recycling Center in York, Pa. The rest came from a network of 10 other recyclers coast to coast.

post-consumer recycle (PCR)

-Ineos Teams Up with Herman Miller in the Production of Face Shields for Front Line Medical Staff Amid Coronavirus Crisis

Ineos Olefins & Polymers USA is donating enough PP to Herman Miller which has repurposed resources to injection mold headbands for 20,000 medical face shields to combat COVID-19.

Yet another PP resin supplier that has teamed up with an OEM willing to re-purpose some of their resources to help in the fight against COVID-19 is Houston-based Ineos Olefins & Polymers. The company is donating enough PP resin to office furniture leader Herman Miller, Zeeland, Mich., for the production of injection molded headbands for 20,000 medical face shields. This, in response to the continuing needs of medical services, nursing homes, and other healthcare facilities.  Petrochemicals Enzymes Graphene News

The face shields have been designed by a Herman Miller product development senior engineer, and distributed by Herman Miller and Herman Miller Cares—the company’s private foundation and corporate giving program. Widely recognized for its inventive designs, Herman Miller has repurposed resources normally used for its office furniture to make this vital piece of protective equipment for front-line workers using PP made from Ineos.

Ineos Teams Up with Herman Miller in the Production of Face Shields for Front Line Medical Staff Amid Coronavirus Crisis

-Will recycled plastics survive tanking oil prices?

It seems an impossible situation. Some of the world’s largest corporations promised to quickly slash their use of virgin plastic packaging.

Yet the recycled material available to make bottles, bags and boxes has become harder to find and more expensive. Petrochemicals Enzymes Graphene News

Markets already jagged from COVID-19 saw the price of crude oil drop below zero for the first time April 20, which also dragged down the value of virgin plastics.

In the last three months, pricing nose-dived by 42 percent for high-density polyethylene HDPE) used in laundry bottles, by 43 percent for polypropylene used in yogurt tubs and by 14 percent for PET used in water bottles, according to RecyclingMarkets.net.

Post-consumer recycled plastics look about as budget-friendly as diamonds next to cubic zirconia.

Will recycled plastics survive tanking oil prices?

-Faster, More-Efficient Chemical Recycling Process Keeps Bioplastics in the Mix

Bioplastics have always been the fly in the ointment when it comes to recycling, as PET recyclers fear the inadvertent addition of polylactic acid (PLA) in the mix, which ruins the whole batch.

Today, scientist at the universities of Birmingham and Bath in Great Britain have announced the development of a chemical recycling method that not only speeds up the process but can convert the output into a biodegradable solvent that can be sold for use in variety of industries, including cosmetics and pharmaceuticals.

Faster, More-Efficient Chemical Recycling Process Keeps Bioplastics in the Mix

-Rubber made from waste opens door to sustainable production

A recyclable rubber material made from waste has been developed by a team of researchers spearheaded in South Australia.

The new material is also able to be easily repaired, offering a sustainable solution to rubber manufacturing, which has traditionally been resource intensive and resulted in huge amounts of landfill at end of life.  Petrochemicals Enzymes Graphene News

Flinders University Associate Professor Justin Chalker has been developing materials made from waste cooking oil and sulphur for several years with other products including a polymer that can that can soak up oil spills and a mercury and cyanide-free method of precious metal extraction and recovery.

Rubber made from waste opens door to sustainable production

Petrochemicals Enzymes Graphene News

Petrochemicals Enzymes Graphene Chemicals 23-05-2020

Petrochemicals Enzymes Graphene Chemicals 23-05-2020

Petrochemicals Enzymes Graphene Chemicals

Petrochemicals Enzymes Graphene Chemicals

-Fishing for ghost nets

Many people visualize marine litter as unsightly plastic debris in the form of bottles, caps, plastic bags and other waste drifting in huge gyres in the oceans.

Just as dangerous and far less visible is what’s known as ‘ghost gear’: discarded, lost or abandoned nets that form floating death traps, says the Environmental Justice Foundation. The foundation runs the Net Free Seas project and is funded by the Norwegian Retailers’ Environment Fund.

The problem is a global one and the damage that ghost nets inflict every year is vast, as these nets continue to catch and kill marine wildlife, said EJF’s executive director Steve Trent.

Petrochemicals Enzymes Graphene Chemicals

-Vinyl Sustainability Council claims 550,000 tons recycled annually

Industry group says vinyl sector is becoming more familiar with recycling procedures.

The Washington-based Vinyl Sustainability Council (VSC) says some 1.1 billion pounds (550,000 tons) of the polymer material is diverted from landfills annually in the United States and Canada. The council did not provide a diversion percentage figure attached to the 550,000-ton volume figure.  Petrochemicals Enzymes Graphene Chemicals

“Post-consumer recycling contributes roughly 15 percent, and this number has grown 40 percent since 2014,” says the council.

Petrochemicals Enzymes Graphene Chemicals

-Indorama Ventures to increase PET processing capacity to 750 thousand tons per year by 2025

Indorama Ventures (IVL) will increase its capacity for processing polyethylene terephthalate (R-PET) to 750 thousand tons per year by 2025, the Thai company said in its annual report. Petrochemicals Enzymes Graphene Chemicals

In his introduction to the report, Dilip Kumar Agarwal, Chief Executive Officer of Feedstock and PET Business, said: “We have committed to the Ellen MacArthur Foundation that we will increase our PET processing capacity to 750 thousand tons by 2025 ”

Along with expanding PET processing capacities, the company expects that by 2025, return on invested capital (ROCE) will be about 12-14%.

Indorama Ventures to increase PET processing capacity to 750 thousand tons per year by 2025

-Home textiles made from bulky polyester filament yarn

Home textiles directly influence the feel-good factor of our personal surroundings.

Being pleasant to the touch, soft and extremely aesthetic, highly-bulky up-holstery fabrics for furniture, decorative fabrics and wall textiles, drapes and pleated curtains and even carpets can support and express our lifestyles and personalities.

High-quality tex-tiles for our beds, bathrooms and tables are frequently matter-of-fact for many of us.

And high-end yarns are also used in the automobile industry – for seat upholstery, interior cladding and floor covering in cars. Petrochemicals Enzymes Graphene Chemicals

Often, they have to withstand heavy demands.

For this reason, the yarn quality of the high-titer yarns must be correspondingly high.

Petrochemicals Enzymes Graphene Chemicals

-KRICT team develops improved graphene production method

A state-run research body in South Korea opened the way for the mass-production of high-quality industrial graphene in powder form without treating graphite with a strong acid. Petrochemicals Enzymes Graphene Chemicals

A domestic company will seek commercial production within this year.

The Korea Research Institute of Chemical Technology (KRICT) said its research team has developed an electrochemical stripping process that can send electricity to graphite electrodes to peel graphene into very thin layers.

The peeled graphene is extracted in powder form through a filter.

The process can reportedly produce 60 grams of high-quality graphene per hour.

Petrochemicals Enzymes Graphene Chemicals

-PPG Acquires Alpha Coatings Technologies

Recent acquisition adds additional powder capacity.

Shelley Verdun – PPG business manager, Powder Coatings spoke with Coatings World about the company’s recent acquisition of Alpha Coatings Technologies.

Coatings World: Why was Alpha Coatings Technology an attractive acquisition for PPG?

Verdun: At PPG, we are committed to powder coatings as one of the most sustainable coating solutions. Petrochemicals Enzymes Graphene Chemicals

Continued advancements in technology have increased customer confidence in powder coatings, as they prove competitive to liquid solutions in color, durability, efficiency and cost.

The acquisition with Alpha Coating Technologies provides additional powder capacity.

This includes small batch and low cure powder manufacturing capabilities for general finishes, light industrial, furniture and heat-sensitive substrate end uses.

This acquisition also provides emerging IP in low-temperature cure powder technology.

PPG Acquires Alpha Coatings Technologies

-Lifestyle introduces formula to enhance plastic pack biodegradability

Yorkshire-based packaging experts Lifestyle Packaging has introduced BioPAC to the UK market, described as a ground-breaking formula that will degrade plastic packaging in 10 years.

That’s 100-200 times faster than the natural lifespan of plastic.

The unique plastic additive is added into the base polymer – such as PP, PE, PS, PET, and other major resin types – and enhances its biodegradability without the need for UV or high temperatures. Petrochemicals Enzymes Graphene Chemicals

Instead, the formula allows acids, secreted naturally by over 600 microbes, to soften the macromolecules within the plastic, resulting in much faster biodegradation.

Lifestyle introduces formula to enhance plastic pack biodegradability

-Belite Ceramics, SACMI completes the first 4.0 ‘virtual start-up’

Working alongside the customer, Sacmi has successfully dealt with an unprecedented challenge: the remote start-up of a complete, automated line. Now, thanks to this new SACMI plant, Belite can think big and produce innovative top-of-the-range products

At the end of 2019 Chinese firm Belite already had all the machines on site, ready to be installed and started up by SACMI technicians.

Then came the health emergency, quarantining the entire country and preventing the Italian teams from getting there. Hence the challenge of performing a fully remote installation and start-up of an entire plant, one of China’s most advanced in terms of automation, technology and digitization. Petrochemicals Enzymes Graphene Chemicals

Today came the announcement that the first white body wall tiles – products of outstanding added value – and glazed porcelain tiles have started coming off the new up-and-running production lines. SACMI, after standing shoulder to shoulder with customers all over the world ever since the earliest stages of the health emergency, has now proven it’s ready for the post-COVID phase, when virtual assistance will be an increasingly essential element during the design, start-up and after-sale phases.

Belite Ceramics, SACMI completes the first 4.0 ‘virtual start-up’

-Silvergate Launches Natural Colour Collection

Silvergate Plastics has launched a Natural Colour Collection, which reflects the latest trends in homewares and consumer products.

Emma Cank, Silvergate’s Sales Executive and consumer goods specialist, has been working closely with colour match technicians to develop this striking and stylish range.

The collection includes muted tones and heritage hues, which are currently popular with interior designers and online influencers. Designed to complement cool greys and classic whites, these colour palettes give producers of consumer homewares a convenient way to select colours. Petrochemicals Enzymes Graphene Chemicals

Silvergate Launches Natural Colour Collection

-CARGILL AND P&G SIGN LICENSE TO COMMERCIALIZE BIO-BASED ACRYLIC ACID TECHNOLOGY

Procter & Gamble (P&G; Cincinnati, Ohio) has granted Cargill, Inc. (Minneapolis, Minn.) an exclusive license that allows Cargill to further develop and commercialize a technology developed by P&G that converts lactic acid into bio-based acrylic acid, so that it can ultimately be incorporated in a range of applications from superabsorbent polymers in absorbent hygiene products to thickeners in household paints and beyond. The use of bio-based acrylic acid is estimated to reduce greenhouse gas (GHG) emissions and contribute to greener products for years to come – something that is important to a range of stakeholders, including consumers and business leaders.

P&G scientists were recently announced as winners of the American Chemical Society (ACS) 2020 Award for Affordable Green Chemistry for this groundbreaking proprietary technology. While the conversion technology is considered a breakthrough, it will take several more years of development before impacting consumer products in the marketplace. Petrochemicals Enzymes Graphene Chemicals

CARGILL AND P&G SIGN LICENSE TO COMMERCIALIZE BIO-BASED ACRYLIC ACID TECHNOLOGY

Petrochemicals Enzymes Graphene Chemicals

Petrochemicals Enzymes Oil Chemicals 22-05-2020

Indorama Ventures PET processing capacity

Indorama Ventures PET processing

Indorama Ventures to increase PET processing capacity to 750 thousand tons per year by 2025

Indorama Ventures PET processing

MOSCOW – Indorama Ventures (IVL) will increase its capacity for processing polyethylene terephthalate (R-PET) to 750 thousand tons per year by 2025, the Thai company said in its annual report.

In his introduction to the report, Dilip Kumar Agarwal, Chief Executive Officer of Feedstock and PET Business, said: “We have committed to the Ellen MacArthur Foundation that we will increase our PET processing capacity to 750 thousand tons by 2025 ”

Along with expanding PET processing capacities, the company expects that by 2025, return on invested capital (ROCE) will be about 12-14%.

The company has already expanded its processing facilities, which began with the acquisition of Wellman International in Europe in 2011, with its PET granulate processing plants in Spijke (Netherlands) and Verdun (France). Indorama Ventures PET processing

In addition to PET and PET fiber processing plants in Thailand, the company has combined three PET processing plants in the United States and Mexico, including Green Fiber International Inc with an R-PET granulate capacity of 40 thousand tons per year.

IVL expanded its operations in Europe in 2018 when it acquired Sorepla polymer processor in France with a capacity of 52 thousand tons per year. Indorama Ventures PET processing

Indorama has invested in advanced chemical processing technologies by setting up a joint venture with Loop Industries in the USA and a partnership with Ioniqa in the Netherlands.

Companies like Procter and Gamble have signed an IVL deal with R-PET, and P&G announced earlier this year that it will be the first company in Europe to manufacture Indorama Circular Plastics PET made by chemical processing.

According to ScanPlast of Market Report, in March the total estimated PET consumption in Russia amounted to 65.37 thousand tons, which is 1% higher than the previous year. The estimated PET consumption in January – March of this year compared to the same period in 2019 decreased by 3% and amounted to 175.17 thousand tons.

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

mrcplast.ru

Author: Anna Larionova

Petrochemicals Enzymes Graphene Chemicals 23-05-2020

 

Petrochemicals Enzymes Oil Chemicals 22-05-2020

Petrochemicals Enzymes Oil Chemicals

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Is paper the material for a sustainable future?

With increasing consumer awareness of the environmental impact of plastic packaging, the demand for sustainable packaging materials has also grown. Jessie Paige investigates whether paper has the potential to contribute to a sustainable future.

Plastic has become a controversial material in recent years, with the UK charity for circular economy the Ellen Macarthur Foundation even predicting that there could be more plastic in the ocean than fish by 2050.

Many governments around the globe have started a so-called ‘war on plastic’, such as in Europe, where EU member states are aiming to ban single-use plastic by 2021.

Another material that has come into mainstream attention is paper and, with this, the debate over whether paper is actually a good alternative to plastic.

Petrochemicals Enzymes Oil Chemicals

-If Carlsberg did plant-based biodegradable plastic bottles…

Divers have been well aware of the issue of plastic pollution in our oceans for years, and it is currently a hot topic among the mainstream population.

Now Coca-Cola and Carlsberg have joined forces to back Dutch biochemical company Avantium, which is developing new plant-based biodegradable plastic bottles that will disintegrate in a year. Petrochemicals Enzymes Oil Chemicals

The new plastic-like material it has developed is made from corn, wheat, and beet sugars.

Avantium’s chief executive Tom Van Aken explained: “This biodegradable plastic has very attractive sustainability credentials because it uses no fossil fuels and can be recycled, but would also degrade in nature much faster than normal plastics do.”

Petrochemicals Enzymes Oil Chemicals

-Road ahead for recycled PET markets complicated by coronavirus-induced supply disruptions

Market analysts expect the cost of recycled PET will eventually start to gain parity with virgin, but recent low oil prices and issues with container redemption programs are complicating that outlook.

Recycled PET was already set to have a tough 2020 as more virgin resin came on the market at incredibly cheap prices, threatening the viability of recycled materials. And then came the pandemic.  Petrochemicals Enzymes Oil Chemicals

Now, slowed collection and processing of coveted food-grade plastics could cut back on the amount of the resin in the recycling system. And when life becomes more normal again, the market could flood with pent-up recycled PET.

Petrochemicals Enzymes Oil Chemicals

-Recycled Polyethylene Terephthalate Market 2020: Consumption, Trends, Growth, Types,Industrial Applications, Leading Companies & Forecast till 2026

Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Recycled Polyethylene Terephthalate market.

Trusted Business Insights presents an updated and Latest Study on Recycled Polyethylene Terephthalate Market 2019-2026. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and deve The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Recycled Polyethylene Terephthalate market during the forecast period (2019-2029).  Petrochemicals Enzymes Oil Chemicals

It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.lopments of the market.

Petrochemicals Enzymes Oil Chemicals

-Kickstart: Key thoughts about the past, future for auto suppliers

Key thoughts about the past, future for auto suppliers

Just a couple of months after I started as a reporter for Plastics News, one of the first companies I wrote about was Key Plastics LLC, an injection molding auto supplier that entered Chapter 11 bankruptcy in March 2000.

Key’s route through the court system taught me a lot about all the twists and turns that can take place in the bankruptcy system.  Petrochemicals Enzymes Oil Chemicals

In a way, I’ve felt a special tie to those molding facilities that kept on turning out parts during the past 20 years, even as their corporate parent went through a range of changes.

Petrochemicals Enzymes Oil Chemicals

-Bringing in the new: Perrier and the Next Packaging Movement

Next Packaging Movement was launched this year by Perrier, part of Nestlé, to provide support to sustainable startups and promote a circular economy in plastics. Following the announcement, Victoria Hattersley spoke to Philippe Gallard, International Business Unit Director, about the scope of the project and the ethos behind it.

Earlier this year, Perrier put out a call for applications to sustainable packaging startups, designed to ‘expand efforts beyond the development of 100% recycled and recyclable packaging to support innovators and develop solutions that reimagine packaging from sources to end-of-life’. Applications were received from all over the world, from NGOs, startups and researchers, and the three winners were announced at the 2020 ChangeNOW summit in Paris.  Petrochemicals Enzymes Oil Chemicals

-Bringing in the new: Perrier and the Next Packaging Movement

-S Korea’s GS Caltex buys PX via Argus’ AOM platform

South Korea’s GS Caltex has purchased 5,000t of paraxylene (PX) from Hong Kong Yisheng Da Hua through the Argus Open Markets (AOM) platform. It is the first such transaction on the AOM, which Argus launched for the Asian PX market on 25 March.

The parcel that changed hands on the PX AOM platform today was concluded at $508/t cfr Taiwan/Ningbo/Dalian/Jiangyin for July delivery.

GS Caltex is a large PX producer and trader, with more than 1.3mn t/yr of capacity in Yosu.  Petrochemicals Enzymes Oil Chemicals

S Korea’s GS Caltex buys PX via Argus’ AOM platform

-Eurozone collapse eases as lockdowns lift

The unprecedented collapse in eurozone private sector growth seen in April as a result of the shutdown of non-essential business across most of the bloc eased slightly in May, but still remained deep in contraction territory, according to analyst data.

The composite eurozone purchasing managers’ index (PMI), covering manufacturing and service sector output growth – rebounded from the record low of 13.6 recording in April, to 30.5, as governments moved to gradually ease controls on populations and allow more of the economy to reopen.  Petrochemicals Enzymes Oil Chemicals

A PMI level of below 50.0 indicates contraction, and under more normal economic circumstances a PMI reading of below 45 would represent a dramatic contraction for a eurozone country.

Eurozone collapse eases as lockdowns lift

-SBP launches biomass standards review

Certification scheme the Sustainable Biomass Programme (SBP) launched its standards development process yesterday, in which working groups will review and “where necessary” revise the scheme’s requirements.

SBP-certified biomass accounted for a 61pc share of the EU-28 industrial wood pellet market, with 11.95mn t of biomass with SBP claims traded in 2019. There are now just over 270 SBP certificate holders, up from 210 at the end of 2019, SBP said.

As demand for SBP-certified biomass grows “we must be sure that our standards are fit for the future”, SBP chief technical officer Simon Armstrong said.Petrochemicals Enzymes Oil Chemicals

-SBP launches biomass standards review

-Japan April exports see biggest slump since 2009; chemical shipments fall 6.3%

Japan’s exports in April posted their sharpest decline since the global financial crisis of 2009, with chemical shipments down 6.3% year on year as external demand suffered ravages from the coronavirus pandemic.

Total exports of the world’s third-biggest economy shrank 21.9% year on year to yen (Y) 5.20tr ($48.3bn), while imports fell by 7.2% to Y6.13tr, according to data from Japan’s Ministry of Finance.  Petrochemicals Enzymes Oil Chemicals

The country posted a trade deficit of Y930.4bn in April.

Chemicals shipments in April totalled Y742.9bn. Plastic materials exports dipped 1.0% to Y211.6bn, with volumes down 9.6% year on year at 449,167 tonnes.

Japan April exports see biggest slump since 2009; chemical shipments fall 6.3%

Petrochemicals Enzymes Oil Chemicals

Petrochemicals Enzymes Crude Oil 21-05-2020

Petrochemicals Enzymes Crude Oil 21-05-2020

Petrochemicals Enzymes Crude Oil

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Gravimetric Feeder an ‘Industry First’ for Micro-Molding Sector

Designed for plastics processors in the growing micro-molding market, a gravimetric feeder described as an “industry first” by Ampacet enables accurate dosing down to the pellet level for medical, automotive, and electronics applications.

The patented ColorSave-Micro uses a single, vibratory, protected inner channel to eliminate exterior vibration and consistently deliver an accurate dose.

ColorSave-Micro can accurately dispense materials with let-down ratios (LDRs) as low as 0.1% to 0.3% for small-part production or to reduce material costs for extruded parts. Gravimetric weighing ensures consistent accuracy when compared with volumetric micro feeders.

Petrochemicals Enzymes Crude Oil

-Truetzschler offers My Mill platform for mill management

Truetzschler Group, a German textile machinery manufacturer, has announced that with the use of its all-in-one platform My Mill, mill managers can fulfil any individual information need about production, quality, maintenance or simply a complete overview. Mill managers can make informed, data-based decisions and generate quick wins as of day one.

Especially in times with Covid-19, the group reports it is essential to focus on the bottlenecks, stay operational and thus profitable.

My Mill enables spinning mills to generate profits faster, bundle resources, optimise processes and save costs. Petrochemicals Enzymes Crude Oil

Petrochemicals Enzymes Crude Oil

-Boxon wins PackTheFuture Award 2020

We are happy to announce that Boxon wins the PackTheFuture Award 2020 for the rPET Big Bag! The award is based on an initiative by ELIPSO, French association for plastic packaging and IK Industrievereinigung Kunststoffverpackungen e.V.

Out of a total of 58 submissions, Boxon’s rPET Big Bag, which is made from used PET bottles collected in Indonesia, receives the award the category “social benefit”.

The award is based on an initiative by ELIPSO, French association for plastic packaging and IK Industrievereinigung Kunststoffverpackungen e.V.

The aim of the competition is to focus on the innovative potential of plastic packaging across Europe.  Petrochemicals Enzymes Crude Oil

Petrochemicals Enzymes Crude Oil

-India’s proposed 15% ‘covid tax’ draws ire from chemical end-users

India is proposing to impose a 15% tax on all chemical and petrochemical imports, to protect the domestic industry in the current fiscal year ending March 2021 as the south Asian nation battles the coronavirus pandemic.

Downstream end-users, however, have posed strong opposition to the measure dubbed as “covid (coronavirus disease) tax” – which was supposed to take effect for 11 months from May 2020 – as this will translate to higher cost of production.

The proposed provisional duty would be applicable on all imports under India’s free trade agreements (FTAs) and would also cover both organic and inorganic chemicals, plastics, rubbers, man-made filaments and staple fibres. Petrochemicals Enzymes Crude Oil

Petrochemicals Enzymes Crude Oil

-Asia petrochemical markets track recent crude gains as demand picks up

Asia’s petrochemical markets are tracking recent gains in crude oil as demand has picked up as more economies are gradually re-opening from pandemic-induced lockdowns, but the overall outlook is still riddled with uncertainties.

Naphtha, which is the main feedstock for petrochemical production in Asia, was flat at around $289.25/tonne CFR (cost & freight) Japan, in line with range-bound crude markets on Wednesday noon, amid ample supply. Petrochemicals Enzymes Crude Oil

Brent crude was trading at above $34/bbl, while US crude was at around $32/bbl.

In the benzene market, recent crude-driven gains were being constrained to some degree by tight storage conditions in China, which caused storage fees to spike. Spot prices were unchanged at $389/tonne FOB (free on board) Korea at midday.

Petrochemicals Enzymes Crude Oil

-battenfeld-cincinnati chosen for high-speed production line for “Danish trays”

Staal og Plast A/S. is continuing to use battenfeld-cincinnati for the production of its ebb & flow trays for greenhouses hothouses.

To produce the up to 8 m long and 2.5 m wide semi-finished boards, battenfeld-cincinnati Germany, Bad Oeynhausen, installed an ultra-modern sheet extrusion line with throughput rates of up to 3,000 kg/h just under a year and a half ago.

The Danish company Staal og Plast supplies precisely this niche market with made-to-measure high-impact polystyrene (HIPS) trays. Petrochemicals Enzymes Crude Oil

-battenfeld-cincinnati chosen for high-speed production line for “Danish trays”

-DW relies on ISKO™ premium denim to develop its new collection

The two brands have been working together to develop unique concepts for FW2019 and SS2020 collection, starting from premium ISKO™ denim. Each garment is sartorially and carefully thought out to result in a beautiful product that is respectful of people and the planet.

May 19th, 2020 – Excellence is in the detail and DW knows it well. The Italian brand built its entire history around this notion, focusing, through the years, on high quality ingredients and handmade craftmanship to develop its collections.

From fabrics to stitching to accessories, every small element is carefully envisioned and developed to create garments that stand out in the market and are safe for the planet and its people. With cutting-edge technologies and forefront treatments being part of the process, the partnership with ISKO, leading denim ingredient brand, came naturally – the next step forward in a journey toward distinction. Petrochemicals Enzymes Crude Oil

-DW relies on ISKO™ premium denim to develop its new collection

-FreeForm Packaging AB develops high barrier solution

FreeForm packaging has launched a new, paper based, high barrier solution.

The high barrier has a thin layer that protects the packaging against oxygen transition and is environmentally friendly.

Up until now FreeForm Packaging has only been able to sell a non-barrier solution, but as a result of the new oxygen-impermeable packaging, they are also able to offer packaging with good OTR and WVTR values.

The FreeFormPack high barrier has a thin layer of EVOH, giving the packaging extra protection against oxygen transition from the outside and making it possible to pack products in a modified atmosphere.  Petrochemicals Enzymes Crude Oil

FreeForm Packaging AB develops high barrier solution

-Magnetic attraction of the Montex Coat from Monforts

Monforts reports increasing success with its latest fully integrated Montex Coat finishing lines.

A typical integrated Monforts coating line is automated from the inlet feed to the winder and includes weft straightening, the Montex Coat coating device, Montex TwinAir drying chambers, an Eco Booster heat recovery system and a cooling zone, with visual touchscreen control via the proven Qualitex system and full Teleservice access and as well as a new hand-held device. Petrochemicals Enzymes Crude Oil

A number of doctor blade options are available for the Montex Coat coating unit, including air knife, roller knife, magnetic roller and foam coating, in addition to screen printing. The company also provides fully explosion-proof lines for solvent-based coatings and for high-temperature processes up to 320°C, such as for PTFE sintering.

Magnetic attraction of the Montex Coat from Monforts

-Addmaster announces biggest ever pan-European plastics alliance

Addmaster (UK) has announced the company is expanding its partnership with the Ravago Group to include RESINEX, Europe’s biggest supplier of raw materials to the plastics industry.

The company says in addition to existing European distribution centres, our alliance with RESINEX will open new markets in France, Belgium, Netherlands, Ireland, Norway, Sweden, Denmark, Switzerland, Austria, Croatia, Poland, Czech Republic, Romania, Bulgaria, Greece and Serbia. Petrochemicals Enzymes Crude Oil

Addmaster announces biggest ever pan-European plastics alliance

Petrochemicals Enzymes Crude Oil

Petrochemicals Plastics Enzymes Events 20-05-2020

Azerbaijan Polyolefins Exported PE PP

Azerbaijan Polyolefins Exported

Azerbaijan in January-April exported PE and PP by almost USD60.5 million

Azerbaijan Polyolefins Exported

MOSCOW – Azerbaijan exported 80 thousand 553.38 tons of polymer products in the first four months of this year, the State Customs Committee (SCC) told Interfax-Azerbaijan Agency.

“In January – April 2020, the export of plastic and its products amounted to 80 thousand 553.38 tons to USD60 million 482.46 thousand, increasing by 18.9% compared to the same period last year in physical terms, and in cost – a decrease of 2.5%, “the State Customs Committee said.

At the same time, the share of these products in total exports during the reporting period amounted to 0.96%, in the structure of non-oil exports – 11.02%.

According to the committee, in the total export of plastic and its products in January – April 2020, the supply of polyethylene (PE) in primary form accounted for 45 thousand 581.33 tons for USD29 million 826.52 thousand, polypropylene (PP) in primary form – 31 thousand 694.82 tons per USD26 million 454.31 thousand

Earlier, it was noted that in Azerbaijan software is produced at the SOCAR Polymer plant, commissioned on July 18, 2018.  Azerbaijan Polyolefins Exported 

The design capacity of the plant is 184 thousand tons of PP per year. And the plant for the production of low-pressure polyethylene (HDPE) with a capacity of 120 thousand tons per year was launched on February 18, 2019.

In general, the plants of SOCAR Polymer, the subsidiaries of the state oil company of Azerbaijan SOCAR, are designed to produce 10 types of PP and 4 types of HDPE. SOCAR Polymer’s revenues from these plants over the period of activity are expected to reach USD6.6 billion, net profit will be USD1.98 billion. Azerbaijan Polyolefins Exported 

For the entire period of operation of the plants, tax deductions to the state budget of Azerbaijan will amount to USD600 million.

It was also reported that most of the batches of PE and PP produced at SOCAR Polymer are exported. So, Azerbaijan exports these products mainly to Turkey, Russia, Ukraine, Belarus, Poland and Lithuania. Azerbaijan Polyolefins Exported 

Azerbaijan also produces high-pressure polyethylene at the Ethylene-Polyethylene plant of the SOCAR Azerimimiya production association in the amount of over 60,000 tons per year.

SOCAR Polymer was established by the State Oil Company of Azerbaijan. Currently, SOCAR’s share in the company’s capital is 57%. Among the shareholders are also Vitol Black Sea VL L LLC, Ecoland LLC and a number of other companies.

mrcplast.ru

Author: Margarita Volkova

Petrochemicals Polymers Enzymes Events 19-05-2020

 

Petrochemicals Plastics Enzymes Events 20-05-2020

Petrochemicals Plastics Enzymes Events

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Azerbaijan in January-April exported PE and PP by almost USD60.5 million

Azerbaijan exported 80 thousand 553.38 tons of polymer products in the first four months of this year, the State Customs Committee (SCC) told Interfax-Azerbaijan Agency.

“In January – April 2020, the export of plastic and its products amounted to 80 thousand 553.38 tons to USD60 million 482.46 thousand, increasing by 18.9% compared to the same period last year in physical terms, and in cost – a decrease of 2.5%, “the State Customs Committee said.

At the same time, the share of these products in total exports during the reporting period amounted to 0.96%, in the structure of non-oil exports – 11.02%.

Petrochemicals Plastics Enzymes Events

-With accelerating textile industrial transfer, downstream market losing market share

For China’s textile and apparel industry, exports have always been a very important demand market, and the scale of the foreign trade market, as well as changes in structure, have also received much attention.

The export data, because the units of each category are different, they are often calculated by the value, but because the unit price of each category is obviously different, it can not fully correspond to the relationship between the quantities; In addition, it also involves exchange rate issues, and the results obtained also vary greatly calculated under US dollars and RMB basis.  Petrochemicals Plastics Enzymes Events

However, in order to actually feed back to the demand, a quantitative assessment is still required. In order to simplify the calculation, the following is temporarily calculated according to the below relationship: 1 piece (set) of apparel is converted into 2 meters of fabric, and the weight of 1 meter of fabric is 150 grams. The actual results are still different, but the magnitude and trend can be viewed roughly.

Petrochemicals Plastics Enzymes Events

-Bullish and bearish factors on Chinese cotton market

After May Day holiday (May 1-5), downstream product sales improve somewhat, and according to the conversation with our clients and spot cotton sales, downstream mindset indeed improves. Then, how about the status quo of the industry? What are the major influencing factors on cotton prices?

  1. Industrial situation

Downstream product sales turn slightly better after May Day holiday, with slight improvement of domestic end-user demand, modest replenishment from traders and some small export orders. In view of spot cotton market, when ZCE cotton futures market only declined slightly on May 12-14, trading sentiment was obviously better than that in Apr. Most mills replenished feedstock after digestion during the holiday, and a few mills replenished half a month or one month more feedstock. In grey fabric market sector, some weaving plants with large orders intend to increase the cotton yarn inventory. Currently, the cotton yarn inventory in weaving plants remains low, and if grey fabric plants replenish more cotton yarn inventory, mills may intend to purchase more cotton later, then, the overall industrial chain will have a good cycle. Petrochemicals Plastics Enzymes Events

Petrochemicals Plastics Enzymes Events

-INDORAMA VENTURES  DRIVING TOWARDS A CIRCULAR ECONOMY

SUSTAINABILITY REPORT EXECUTIVE SUMMARY

IVL’s Sustainability Strategy

  • Environment – Responsible Operations
  • Social – Empowerment Culture
  • Governance – Business Potential

Petrochemicals Plastics Enzymes Events

Petrochemicals Plastics Enzymes Events

-Starlinger rounds off portfolio with new circular loom RX 8.1

The RX circular loom series is produced at the Starlinger plant in Taicang/China specifically for the Southeast Asian market. This series is now extended with the RX 8.1, a circular loom that is particularly suited to the production of lightweight fabrics for 1-loop FIBCs, tarpaulins as well as geo- and agrotextiles made of PP, HDPE, and PET. In combination with the RX 6.0, RX 6.1, and RX 8.2, Starlinger Taicang now offers the ideal circular loom for every fabric width. Petrochemicals Plastics Enzymes Events

The new Starlinger circular loom RX 8.1 produces fabric with a width of 1,200 – 1,700 mm, which is an ideal match for 1-loop FIBCs, tarpaulin fabrics as well as geo- and agrotextiles. The model completes the RX series, which now covers every working width between 300 and 2,250 mm.

Petrochemicals Plastics Enzymes Events

-Eastman Applies Process Technologies to Increase Plastics Recycling Rates in the U.S.

The plastics recycling revolution is here. Technologies are being added that could lead to the almost total reuse of waste plastics in the U.S. in the next decade, a development that would radically change the types of plastics in use for most applications. These technologies include mechanical recycling, but also chemical recycling processes that break waste plastics down into their constituent monomers and molecules and reform them into virgin polymers. Petrochemicals Plastics Enzymes Events

This is the vision that Jayme Leita, director of circular economy integration for Eastman Chemical, offered in his ANTEC® 2020 keynote address on April 13.

In a presentation titled “Revolutionary Materials Right Now,” Leita noted that Eastman has commercialized a chemical recycling process called carbon renewal technology (CRT), which it installed on an existing cellulosic and acetal production stream in Tennessee.

Petrochemicals Plastics Enzymes Events

-Arburg and partners produce sterilisable face masks for employees, healthcare workers

Arburg GmbH & Co. is injection moulding liquid silicone rubber (LSR) and polypropylene masks for its employees worldwide and medical facilities near its headquarters in Lossburg.

The company says it has the capacity to produce 3,500 multifunctional high-tech masks per day to address the critical shortage of personal protection equipment caused by the COVID-19 pandemic. Petrochemicals Plastics Enzymes Events

Arburg officials describe the product as a soft LSR mask that is put over the nose and mouth and a firm PP shield with eyelets for attaching elastic bands. In the middle, there is a standardized connection with a hole. The opening is sealed with a flow gate, which will be fitted with a filter housing.

Petrochemicals Plastics Enzymes Events

-Toluene road to recovery far from clear in H2 2020

Operating rates to remain low amid ongoing coronavirus

Summer driving season could support toluene blending values

Global toluene supply and demand balances are expected to remain under pressure during the latter half of 2020 due to lower operating rates and reduced demand amid the ongoing coronavirus pandemic. Petrochemicals Plastics Enzymes Events

Weaker pricing in benzene and derivative styrene markets, as well as soft paraxylene prices, dented chemical demand for toluene during much of the first half of the year. However, while weaker aromatics pricing is expected to persist in the second half, demand for higher-octane toluene in summer and lower product availability due to refinery run cuts may give some upside to the market.

Toluene road to recovery far from clear in H2 2020

-MultiPet opts for Sesotec’s technology

PET recycler MultiPet GmbH, which, since 2017, has been part of environmental service provider Veolia,  produces PET flakes from waste PET bottles and trays for the plastics processing industry.

The company’s recycled PET product is suitable for a variety of applications, ranging from fibres for nonwoven applications, beverage, detergent and other bottles, packaging and strapping sheets.

MultiPet and its sister company Multiport, a producer of recycled HDPE compounds, operate as one company with two complementary core business activities. Both are considered important suppliers of secondary raw materials for the plastics processing industry. Petrochemicals Plastics Enzymes Events

Increasingly, too, the industry is depending on high-quality recyclate from trusted suppliers in order to be able to comply with the targets for recycled content in packaging.

MultiPet opts for Sesotec’s technology

-B.Bigler AG appointed as RadiciGroup distributor for Germany

A partnership to offer quality and flexibility to German customers

RadiciGroup High Performance Polymers announces a reorganization of its sales network in Germany: starting on 18th May 2020 B.Bigler AG is appointed as the distributor for the German market for a wide product range including  RADILON®, HERAMID®, RADIFLAM®, RADISTRONG®, RADITER®, HERAFLEX®, TORZEN® and RADITECK®.

«Our Group – said Rolf Behringer, Sales Manager DACH of RadiciGroup High Performance Polymers – is taking one more step to strengthen its long-term presence in the German market partnering with an important and reliable company such as B.Bigler AG. Since long we have been cooperating with B.Bigler AG in Switzerland and now we are confident that, together with our sales team, we will be able to offer the highest level of quality and flexibility to our German customers».  Petrochemicals Plastics Enzymes Events

Petrochemicals Plastics Enzymes Events

Petrochemicals Polymers Enzymes Events 19-05-2020

Petrochemicals Polymers Enzymes Events 19-05-2020

Petrochemicals Polymers Enzymes Events

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Nova Chemicals and Enerkem Collaborate to Close Loop on Plastics Recycling

Two Canadian companies are collaborating to close the loop on recycling and further a circular plastics economy.

Nova Chemicals Corp., a producer of chemicals and plastic resins based in Calgary, and Enerkem Inc., a global waste-to-renewable fuels and chemicals producer with headquarters in Montréal, have entered into a joint development agreement to explore turning non-recyclable and non-compostable municipal waste into ethylene, a basic building block of plastics.

“This joint development agreement aims to address one of the primary gaps of the circular economy and efficiently produce ethylene from recycled plastic content,” said Sarah Marshall, Director of Sustainability, Nova Chemicals, in response to questions from PlasticsToday.

Petrochemicals Polymers Enzymes Events

-How India made corona test swab price cheaper by 90%

Reliance provided the raw material and Johnson & Johnson India provided pro bono scientific expertise

The two companies readily agreed to take the project on a mission mode with no commercial considerations

As COVID-19 pandemic spread quickly, India faced twin challenge – short supply of testing swabs and those imported from China at a steep price of ₹17 per stick were proving to be inferior. A solution was fixed in 10-days combining the expertise of Johnson & Johnson of manufacturing a similar product in earbuds, and Reliance Industries providing custom-made polyester staple fiber that resulted in the cost of swabs coming down to just ₹1.7 per unit. Petrochemicals Polymers Enzymes Events

Petrochemicals Polymers Enzymes Events

-The end of plastic bottles? Coca-Cola and Carlsberg back new all-plant drinks containers that will rot away to nothing within a year

Dutch biochemical company Avantium are developing a new plant-plastic

The material would form a protective, recyclable layer inside a cardboard bottle

Avantium hopes to have their new drinks containers on shelves by 2023

Drinks giants Coca-Cola and Carlsberg have backed a project aiming to replace drinks containers with an all-plant material that completely decomposes within one year.

The beverage companies see the future of their drinks packaging moving away from plastics and see the Plastic Bottle Project as a promising solution. Petrochemicals Polymers Enzymes Events

Petrochemicals Polymers Enzymes Events

-Jeju to Promote PET Bottle Recycling Project

Jeju Special Self-Governing Province signed an agreement with the Ministry of Environment, Jeju Province Development Corporation, Hyosung TNC, and Pleatsmama that regenerates discarded transparent plastic bottles into high-quality recycled products in order to promote the recycling of local resources.

This is a one-stop agreement between all the agents of the process, from the discharge of plastic bottles to the final consumer, in connection with the pilot transparent plastic bottle recycling project that has been in effect since March.

It will upcycle the discharged and collected bottles at recycling centers in Jeju to produce bags and clothes.  Petrochemicals Polymers Enzymes Events

Petrochemicals Polymers Enzymes Events

-Covid-19: US crude oil contract to expire soon due to negative pricing

The extent of the damage that the coronavirus pandemic had inflicted on the oil industry came into focus on April 20, when the US benchmark WTI contract plunged to minus $38 a barrel.

A month after sellers had to pay nearly $40 a barrel to get rid of US oil futures, the next watershed moment looms with the expiry of the June contract on Tuesday – and so far there is little sign of a repeat of the historic plunge.

The extent of the damage that the coronavirus pandemic had inflicted on the oil industry came into focus on April 20, when the US benchmark WTI contract plunged to minus $38 a barrel.  Petrochemicals Polymers Enzymes Events

-Covid-19: US crude oil contract to expire soon due to negative pricing

-Japan economy falls into recession; Q1 GDP contracts 3.4% year on year

Japan has slipped into a recession with another quarter of GDP contraction as the coronavirus pandemic continues wreaking havoc on the world’s third-biggest economy.

It posted an annualized GDP contraction of 3.4% in the first quarter of 2020, preliminary government data showed, following on from a revised steeper contraction of 7.3% in October-December 2019.

On a quarter-on-quarter seasonally adjusted basis, the decline was 0.9% from a 1.9% contraction in the December 2019 quarter, which was hit by a two-percentage point hike in consumption tax.  Petrochemicals Polymers Enzymes Events

Japan has declared a state of emergency in April this year to contain the spread of the deadly coronavirus outbreak, which started in China late last year.

Petrochemicals Polymers Enzymes Events

-US shale sector looks to recovery

Rising forward prices have led some US shale operators to consider slowly raising output again later this year, after steep shut-ins for May-June.

US production will have fallen by nearly 1.6mn b/d over the course of the second quarter, the EIA projects in its latest monthly Short-Term Energy Outlook (see graph). Developers have rapidly cut spending and idled rigs in the face of huge demand declines and a crude price collapse since March. Petrochemicals Polymers Enzymes Events

Many upstream independents have withdrawn their production guidance for this year because of the uncertain macroeconomic recovery outlook.

US shale sector looks to recovery

-Siegwerk and APK AG succeed at de-inking of plastic film-recyclate

Siegwerk, one of the world’s leading providers of printing inks for packaging applications and labels, and APK AG, a specialist in the production of high-quality plastic recyclate from packaging waste, successfully completed de-inking trials of twofold printed LDPE-films. The strategic cooperation of the two companies, which started in October 2019, contributes its first ground breaking insights to facilitating the efficient recycling of flexible packaging applications. Petrochemicals Polymers Enzymes Events

‘Design for recycling – ideally enabling product to product recycling – is crucial to closing the loop for flexible packaging. For Siegwerk this means providing innovative printing inks and lacquers, which facilitate high-quality recycling – for example by allowing easy de-inking while keeping full performance during the use phase‘, says Alina Marm, Head of Circular Economy Hub at Siegwerk.

Siegwerk and APK AG succeed at de-inking of plastic film-recyclate

-Octal Bolsters Oman’s Manufacturing Industry as It Expands Pet Resin Business

Continuing on its remarkable growth trajectory, OCTAL, the world’s leading supplier of clear rigid packaging materials, is enjoying impressive success in its PET resin business, reporting an increase of 500 new customers globally in the last three years.

Now a major supplier to most international brands, and with the highest market share in the Middle East / GCC Region, the Salalah-based manufacturer has quickly become a formidable force, continuing to position the Sultanate as a hub for the global PET industry.

“We are committed to creating long-term value for Oman that extends beyond diversification,” said Prashant Boloor, Senior Sales Director – PET Resin at OCTAL.

Petrochemicals Polymers Enzymes Events

Octal Bolsters Oman’s Manufacturing Industry as It Expands Pet Resin Business

Petrochemicals Polymers Enzymes Events

Petrochemicals Plastic Enzymes Events 18-05-2020

Polyolefin Market : Global Outlook and Forecast 2020-2027

Petrochemical Polymers Chemical CPL Trend

Petrochemical Polymers Chemical CPL

Petrochemical Polymers Chemical CPL

Polyestertime
ITEM11/05/202018/05/2020+/-
Bottle grade PET chips domestic market5,400 yuan/ton5,500 yuan/ton+100
Bottle grade PET chips export market670 $/ton675 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Chemical CPL

4,550 yuan/ton4,600 yuan/ton+50
Filament grade Bright chips domestic market4,650 yuan/ton4,700 yuan/ton+50
Pure Terephthalic Acid PTA domestic market3,300 yuan/ton3,455 yuan/ton+155
Pure Terephthalic Acid PTA export market
410 $/ton425 $/ton+15
Monoethyleneglycol MEG domestic market3,460 yuan/ton3,525 yuan/ton+65
Monoethyleneglycol MEG export market400 $/ton420 $/ton-+20
Paraxylene PX FOB  Taiwan market490 $/ton485 $/ton-5
Paraxylene PX FOB  Korea market472 $/ton467 $/ton-5
Paraxylene PX FOB EU market

Petrochemical Polymers Chemical CPL

374 $/ton390 $/ton+16
Polyester filament POY 150D/48F domestic market5,330 yuan/ton5,255 yuan/ton
-75
Recycled Polyester filament POY  domestic market5,450 yuan/ton5,350 yuan/ton-100
Polyester filament DTY 150D/48 F domestic market7,000 yuan/ton6,900 yuan/ton-100
Polyester filament FDY 68D24F domestic market 6,600 yuan/ton6,650 yuan/ton+50
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Chemical CPL
5,930 yuan/ton5,950 yuan/ton+20
Polyester staple fiber 1.4D 38mm domestic market5,780 yuan/ton5,850 yuan/ton+70
Caprolactam CPL domestic market9,850 yuan/ton9,850 yuan/ton
Caprolactam CPL overseas  market1,000 $/ton1,030 $/ton+30
Nylon6 chips overseas  market1,230 $/ton1,300 $/ton+70
Nylon6 chips conventional spinning domestic  market10,700 yuan/ton10,600 yuan/ton-100
Nylon6 chips  high speed spinning domestic  market10,600 yuan/ton10,700 yuan/ton+100
Nylon 6.6 chips domestic  market17,800 yuan/ton17,800 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Chemical CPL

12,600 yuan/ton13,000 yuan/ton+400
Nylon6 Filament DTY 70D/24F domestic  market15,500 yuan/ton16,100 yuan/ton+600
Nylon6 Filament FDY  70D/24F  domestic  market13,400 yuan/ton13,800 yuan/ton+400
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,000 yuan/ton29,000 yuan/ton
Adipic Acid domestic market6,100 yuan/ton6,100 yuan/ton
Benzene domestic market3,400 yuan/ton3,500 yuan/ton+100
Benzene overseas  market365 $/ton379 $/ton
+14
Ethylene South East market435 $/ton505 $/ton+70
Ethylene NWE  market281 $/ton441 $/ton+3
Acrylonitrile ACN  domestic market7,000 yuan/ton7,100 yuan/ton+100
Acrylonitrile ACN  overseas market900 $/ton900 $/ton
Acrylic staple fiber ASF  domestic market11,100 yuan/ton11,100 yuan/ton
Viscose Staple Fiber VSF  domestic market8,500 yuan/ton8,800 yuan/ton+300
PP Powder domestic market7,200 yuan/ton7,300 yuan/ton+100
Naphtha overseas market 

Petrochemical Polymers Chemical CPL

248 $/ton253 $/ton
+5
Phenol domestic market 6,912 yuan/ton6,900 yuan/ton-12
PS Taiwan 5250 GPPS940 $/ton 950 $/ton+10
PS Taiwan 8250 HIPS1,050 $/ton 1,070 $/ton+20
LDPE CFR Far East 792 $/ton822 $/ton+30
LLDPE CFR Far East702 $/ton732 $/ton+30
LDPE   FOB Middle East784 $/ton814 $/ton+30
LLDPE FOB Middle East694 $/ton724 $/ton+30
HDPE CFR Far East694 $/ton803724 $/ton+30
LDPE FD Northwest Europe 833 €/ton803 €/ton--30
LLDPE FD Northwest Europe 823 €/ton783 €/ton-40
Homopolymer PP CFR Far East790 $/ton800 $/ton+10
Homopolymer PP FD NWE807 €/ton801 €/ton-6

Petrochemical Polymers Chemical CPL

Petrochemicals Plastic Enzymes Events 18-05-2020

Petrochemicals Plastic Enzymes Events

Petrochemical Polymers Chemical CPL Trend

Petrochemicals Plastic Enzymes Events

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-COVID-19 drives commodity resin prices down in April

The impact of COVID-19 was felt in North American commodity resin markets in April, with most materials seeing prices decline.

Economic activity across the region has plummeted as nonessential businesses closed and consumers stayed home as much as possible to prevent the spread of the virus. Major job cuts across many industries also have dampened consumer spending.

On April 29, the U.S. Bureau of Economic Analysis reported that gross domestic product decreased by 4.8 percent in the first quarter. As of May 5, more than 260,000 people have died from COVID-19 around the world.

Petrochemicals Plastic Enzymes Events

-Petrobras Sees No Need to Cut Oil Production

Brazil’s state-run Petrobras sees no need for cuts in oil production, executives say, as the market for its crude remains robust in China, while domestic demand for fuel picks up amid social distancing fatigue in Latin America’s largest economy.

On a Friday earnings call with analysts, executives credited the company’s strong relationship with independent refineries in China’s Shandong Province, known as “teapots,”‘ for allowing Petrobras to export a record amount of crude in recent months, even as some economies are effectively shut.

Storage capacity for crude oil and gasoline is not proving to be an issue, they added.

Petrochemicals Plastic Enzymes Events

-EU plastics industry calls for help

The EU plastics industry has said it is being buffeted by the Covid-19 pandemic, and has appealed for help from the European Commission.

Industry group Plastics Recyclers Europe (PRE) said the pandemic could render recycling unprofitable and hamper attainment of the EU recycling targets. It said converting plants have closed, virgin plastics prices are low and activity has fallen globally, and it called for the EU and member states to include recycling as a sector supported by recovery plans.

“If the situation is to persist and no actions are taken to remedy the sector, plastics recycling will cease to be profitable, hampering the attainment of the EU recycling targets and putting in jeopardy the transition towards circular plastics,” said PRE president Ton Emans.

Petrochemicals Plastic Enzymes Events

-China’s Chambroad Petchem to invest in new PP units

China’s Chambroad Petrochemical is planning to build two 600,000 t/yr polypropylene (PP) units as part of a 5.17bn yuan ($728mn) propylene plant with 2.04mn t/yr of raw material processing capacity.

The plant, located in the Boxing Chemical Industrial Park at Binzhou in Shandong, will use US engineering firm KBR’s K-COT technology. It is under construction and is expected to start up at end of 2021 or early 2022.

The project will utilise the firm’s existing liquefied gas, petroleum gas, residual oil, various types of diesel and other resources for processing and utilisation. The firm is also known as Shandong Jingbo Petrochemical.

Petrochemicals Plastic Enzymes Events

Italy : For Aquafil quarterly down, but contained
Trento. The drop in consumption due to Covid weighs (but only moderately) on Aquafil’s quarterly report. Revenues for the first quarter of 2020 amounted to € 140.7 million, recording a reduction of 3.2% (€ 4.6 million) towards the same period of the previous year.

Revenues from Econyl brand products in the first quarter of 2020 decreased by 1.9% in absolute value compared to the previous year but increased their percentage on fiber sales which rose to 37.9%.

More specifically, the carpet fiber line recorded a 4.4% reduction; that of fibers for clothing registers a reduction of 5.0% and the Polimeri line registers a reduction of 17.2%.
EBITDA at March 31, 2020 stood at 18.2 million with a reduction of 4.7%, while the net result was positive for 4.1 million with a decrease of 47.0%.

Giulio Bonazzi, president and CEO, comments: «We have always operated without interruptions and in maximum safety in all the group’s plants, in Italy and in other countries.

Covid had a limited impact in the first quarter but unfortunately it is so far having one more important in the second ».

Italy : For Aquafil quarterly down, but contained

-Covid-19’s economic impact could hit $8.8 trillion: ADB

Covid-19 could usher in global losses of up to $8.8 trillion, as the Asian Development Bank (ADB) more than doubles its forecast economic impact from the pandemic.

The ADB’s updated assessment from its Asian Development Outlook (ADO) 2020 in early April said the global economy could suffer $5.8 trillion-8.8 trillion in losses, which is equivalent to 6.4-9.7pc of global gross domestic product. The ADO had forecast Covid-19’s global cost to range from $2 trillion-4.1 trillion.

Economic losses in Asia-Pacific range from $1.7 trillion under a short containment scenario of three months to $2.5 trillion under a long containment scenario of six months, with the region accounting for about 30pc of the overall slump in global output. China, the global driver of energy demand in recent years, could suffer losses of $1.1 trillion-1.6 trillion.

Covid-19’s economic impact could hit $8.8 trillion: ADB Covid-19 could usher in global losses of up to $8.8 trillion, as the

-Workers busy at melt-blown nonwoven fabric workshop in Henan

Workers are busy at the melt-blown nonwoven fabric workshop at the China Pingmei Shenma Group in Pingdingshan City, central China’s Henan Province, May 14, 2020.

In order to expand the production capacity of melt-blown nonwoven fabric, a key material for masks, the China Pingmei Shenma Group has accordingly established a production line and officially put it into operation on May 1.

The company now produces 4 to 5 tonnes of melt-blown nonwoven fabric, which can be used for making more than four million medical masks. (Xinhua/Hao Yuan)

Workers busy at melt-blown nonwoven fabric workshop in Henan

-PolyOne introduces new additive to support increased face mask production

MagIQ Non-Woven Electret Plus improves the dielectric properties in face masks, extending filtration efficiency and the length of time masks will hold a charge.

Material supplier PolyOne Corp. has launched a new functional additive for protective face masks as part of its Fiber Solutions portfolio.

Called “MagIQ Non-Woven Electret Plus”, the material is designed to improve the dielectric properties in face masks, extending filtration efficiency, and the length of time masks will hold a charge.

“The COVID-19 pandemic is causing a need for greater numbers of N95 respirators and surgical masks than ever before, resulting in a global shortage that stands at unprecedented levels,” company officials said.

PolyOne introduces new additive to support increased face mask production

-SPE scrambles to pull off Virtual Antec 2020

This praise for the Society of Plastics Engineers is overdue, and it’s taking a different angle than what we originally planned.

Let’s put it in historical context. Remember March 2020? It was just two months ago, but it seems like another era.

Back in early March, just a few days after our Plastics News Executive Forum, the coronavirus pandemic started to disrupt the events business.

On a daily basis, we were publishing news about trade shows, conferences and open houses that were either being canceled or rescheduled.

SPE scrambles to pull off Virtual Antec 2020

-China’s declining credibility in world market, a golden opportunity for Indian textile industry

As the textile industry is witnessing a steep downturn globally due to adverse economic impact of COVID-19, the Indian textile industry while fearing to lose out on the orders from the buyers is also seeing an opportunity to get a boost as the businesses have started diverting from China amid the corona crisis.

When asked about the prospects of Indian textile industry, Nikhil Thukral, Director, Maharana of India, told that as an ‘anti-China’ wave is being seen after the spread of coronavirus, the businesses are diverting, which is a good opportunity for the Indian market.

China’s declining credibility in world market, a golden opportunity for Indian textile industry

Petrochemicals Plastic Enzymes Events

 

Petrochemicals Thermoplastic Enzymes 16-05-2020

Petrochemicals Thermoplastic Enzymes 16-05-2020

Petrochemicals Thermoplastic Enzymes

-Indorama Ventures Reports 2020 First Quarter Results

Indorama Ventures Public Company Limited (IVL), a global chemical producer, announced its first quarter 2020 financial results as follows.

1Q 2020 Performance Summary

IVL registered Revenue growth of 15% during first quarter 2020 over fourth quarter 2019 and negative 3% year-on-year, including integration of newly acquired assets from Huntsman. COVID-19 global pandemic, as well as the historical collapse in the crude oil price, had a muted impact on IVL’s underlying business and operations.

IVL achieved a core EBITDA of US$304M (THB9.5B) and an operating cash flow of US$340M (THB10.6B), an increase of 51% and 28% quarter on quarter driven by combination of volume and margins growth in our three business verticals of Combined PET, Integrated Oxides & Derivatives as well as Fibers.

Petrochemicals Thermoplastic Enzymes

-Plastic in the pandemic: how the industry affects Alberta

As demand for plastic surges amid the COVID-19 pandemic, Alberta-based petrochemical producers are moving to increase their recycling capacity while environmental groups call for reduced plastic use.Petrochemicals Thermoplastic Enzymes

Food packaging, carry-out groceries and wraparound personal protective equipment worn by medical professionals have become more commonplace as part of efforts to keep those items sanitized.

Nova Chemicals, headquartered in Calgary but owned by a sovereign wealth fund in the United Arab Emirates, produce materials that become these types of plastics.

Petrochemicals Thermoplastic Enzymes

-Indian polymers demand recovers, imports remain weak

Demand for polymers in India has seen a slight recovery, a week after the easing of restrictions on industrial operations to curb the Covid-19 pandemic.

The Indian government allowed non-essential businesses and operations to resume on 4 May but is maintaining a nationwide lockdown up to 17 May. The country’s lockdown began on 25 March. Operating rates of plastic converters rose to around 20-30pc this week, which prompted demand for raw polymers. Petrochemicals Thermoplastic Enzymes

But it remains to be seen if the increase in polymers’ demand is sustainable because of weaker demand for finished polymers goods in industries such as the auto, household and construction sectors. A severe labour shortage across India because of transport and movement restrictions may also constrain operations of plastic conversion plants.

Petrochemicals Thermoplastic Enzymes

-Italy’s postponed virgin plastic tax to be implemented in January 2021

Italy’s proposed €0.45/kilo (€450/tonne) tax on all virgin plastics has been postponed until 1 January 2021, the government confirmed this week.

The tax, initially due to come into effect on 1 July 2020, was pushed back due to the coronavirus pandemic.

The tax will impact all single use items with the exception of those produced from recycled plastics or compostable bioplastics. Petrochemicals Thermoplastic Enzymes

Initial reaction to the tax from the plastics industry in the country was mixed, but the postponement of the tax, which was announced in April, was welcomed by the industry.

However, given the current spread between prices in the virgin polyethylene terephthalate (PET) and recycled PET (R-PET) markets, the tax may do little to encourage the use of more recycled content.

Petrochemicals Thermoplastic Enzymes

-Europe plasticizers players unable to forecast amid poor demand, volatile market

European plasticizers players remain in the dark about future developments and describe complexities in a fragile market, with conditions open to change each day.

– Approaches to lifting restrictions vary

– Different levels of demand depending on application

– Spot prices under pressure

The complexities between different countries and customers and applications are making business decisions increasingly challenging for plasticizers players.

“Even though we have restarted, production is still very difficult and only two to three days per week,” one customer said of its French site. Petrochemicals Thermoplastic Enzymes

“We are still reducing stocks and we are completely in the dark [for Q3], and it is too early to make a forecast,” another consumer who has sites in various locations across Europe said.

Petrochemicals Thermoplastic Enzymes

-ML Polyolefins to launch its offer with PCR recyclates

ML Polyolefins, a producer of PP recyclates, is launching a new product portfolio adapting its offer to the expectations of all customers and grouping its materials by processing method.

Representatives of the company decided to expand the current profile of activity dominated by the offer of original plastics and PIR (Post Industrial Recycled). PCR (Post Consumer Recycled) was included to the new portfolio. Because of regulations imposed by the European Union, they are gaining more and more popularity.

In the coming weeks, the company will announce the premiere of a full, extended offer. It is already known that the high quality black regranulate will have several varieties. The producer introduces raw materials with different MFI, which will make them available for more opportunities of usage. Petrochemicals Thermoplastic Enzymes

ML Polyolefins to launch its offer with PCR recyclates

-Borealis announces solid performance in first quarter of 2020 despite looming impact of covid-19 falling oil prices

Borealis announces a net profit of €151 million (approximately £133.8 million) for the first quarter of 2020, compared to €200 million (approximately £176.9 million) in the same quarter of 2019. Petrochemicals Thermoplastic Enzymes

The contribution from Borouge in the first quarter of 2020 deteriorated versus the same period in 2019, as an already low polyolefin price environment in Asia was further impacted by the coronavirus pandemic and falling oil prices.

Borealis announces solid performance in first quarter of 2020 despite looming impact of covid-19 falling oil prices

-TOMRA continues its drive to create a plastics circular economy

Plastic is one of the world’s most useful materials, but at present, it is being grossly mismanaged. By closing the plastics loop, manufacturers can ensure the resource is responsibly recycled and reused   Petrochemicals Thermoplastic Enzymes

An increase in consumer demand, pledges from high-profile companies and new legislation around the use of recycled materials highlight how steps are being made in the right direction when it comes to sustainably using the planet’s resources.

At the heart of behavioural changes and new policies is the need to create a circular economy – one that ensures plastics are handled as efficiently and sustainably as possible. Plastic needs to be kept in a closed loop throughout its life cycle, from production to retail; from the consumer to collection for recycling.

TOMRA continues its drive to create a plastics circular economy

-A European Strategy for Plastics in a Circular Economy COM/2018/028

COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS   Petrochemicals Thermoplastic Enzymes

Waste generation in Europe 

Waste recycling

Waste generation

A European Strategy for Plastics in a Circular Economy COM/2018/028

Petrochemicals Thermoplastic Enzymes

Petrochemicals Antibacterial Enzymes 15-05-2020

MEGlobal raises June MEG prices

MEGlobal raises June MEG

MEGlobal raises June MEG prices by USD10 per ton

MEGlobal raises June MEG

MOSCOW – MEGlobal, the world leader in the production of monoethylene glycol (MEG) and diethylene glycol (DG), has nominated the June MEG contract price for Asia at USD570 per tonne, which is USD10 per tonne higher than in May, the company said. .

The price was announced on terms of delivery CFR Asia. The company lowered MEG prices amid falling spot prices in the market.

The price increase followed the recent MEG price increase in early May amid replenishment of stocks after prices fell to historic lows after the 2008 global financial crisis.

Earlier it was reported that MEGlobal nominated the May MEG contract price for Asia at USD560 per tonne, which is USD80 per tonne lower than in April.

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

According to ScanPlast of Market Report, in March the total estimated PET consumption in Russia was 65.37 thousand tons, which is 1% higher than the previous year. The estimated PET consumption in January – March of this year compared to the same period in 2019 decreased by 3% and amounted to 175.17 thousand tons.

Headquartered in Dubai (UAE), MEGlobal is the world leader in the production of monoethylene glycol (MEG) and diethylene glycol (DG). Established in July 2004, MEGlobal currently sells more than 2.5 million tons of DG per year worldwide.

DG is used as a raw material for the production of polyester fibers (clothing and other textile products), polyethylene terephthalate (PET), antifreeze and other industrial products. MEGlobal is a 100% subsidiary of Equate Petrochemical Company.

In December 2015, Dow Chemical closed a deal to sell its stake in MEGlobal to Equate Petrochemical Company as part of a strategy to optimize its equity stake in Kuwaiti joint ventures. MEGlobal raises June MEG

mrcplast.ru

Author: Anna Larionova

 

Petrochemicals Antibacterial Enzymes 15-05-2020

Petrochemicals Antibacterial Enzymes

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-BIOPLASTICS AND GREEN COMPOSITES FROM RENEWABLE  

RESOURCES: WHERE WE ARE AND FUTURE DIRECTIONS!

Introduction 

The sky rocketing price of petroleum along with its  dwindling nature coupled with climate change concern and continued population growth have drawn the urgency for the plastic industries in

adapting towards sustainability. The government’s push for green products, consumers’ desire and energy conservation are some of the key factors that drive research towards the development of

renewable resource-based polymeric biomaterials.

The use of bio- or renewable carbon unlike petro-carbon for manufacturing bioplastics and biobased materials is moving forward for a reduced carbon footprint.

The goal is to use biobased materials containing the maximum possible amount of renewable biomass-based derivatives to have a sustainable future.

Search for potential biobased alternatives from energy to plastics and their viability for real world uses is directed towards our reduced dependency on petroleum .

The incorporation of bio-resources, e.g. crop-derived green plastics and plant derived natural fibres into composite structures are gaining prime importance in designing and engineering of green composites.

Petrochemicals Antibacterial Enzymes

-Technology Extending Lifecycle of Reusable PET Bottles Up for Prestigious German Award

What does it take to earn a spot in the winner’s circle of the circular plastics economy? According to IKV — the Institute for Plastics Processing at RWTH Aachen University in Aachen, Germany — a key attribute is that the product should retain its value as long as possible throughout its lifecycle. Petrochemicals Antibacterial Enzymes

Reusable PET bottles are a good example: After use, they can be washed with caustic soda solution and refilled. Compared to glass, however, PET is not gas-tight, which significantly reduces the shelf life of juices or carbonated beverages such as soft drinks or beer. Despite its many ecological advantages, the reusable PET content in fruit-juice packaging in Germany was no higher than 0.5% in 2018. This disadvantage of PET bottles can be reversed by applying a silicon oxide (SiOx) barrier coating via plasma technology.

Petrochemicals Antibacterial Enzymes

-Europe naphtha prices rebound on Asia demand pull, crude but glut looms large

European naphtha spot prices have revived from April lows on the back of improving crude oil futures, falling refinery run rates, certain demand pull from Asia, and feedstock economics favouring consumption rates at crackers.

However, price downward pressure persists as deals are being concluded at double-digit discounts for early June deliveries amid ongoing supply glut and limited demand.

That pressure was felt on Monday, with spot prices closing at $208/tonne CIF (cost, insurance, freight) NWE (northwest Europe) for H1 June deliveries, down from last week’s close at $214-215/tonne CIF NWE. Petrochemicals Antibacterial Enzymes

Petrochemicals Antibacterial Enzymes

PX-naphtha spread approaching previous lows

Since late Apr, the coronavirus pandemic has been getting tamed. International crude oil price rises significantly amid easing of lockdowns globally, expectation of economy re-opening, coupled with implementation of production cuts practiced by OPEC and its allies. As of May 13, WTI crude oil futures soared to $25.29/bbl and Brent futures rose to $29.19/bbl from previous lows (the rollover from May to Jun contracts for crude oil also contributed to the price rise). However, naphtha price lagged behind, and that of PX advanced even more slowly than its feedstock. Petrochemicals Antibacterial Enzymes

As a result, the spread of PX to naphtha and MX was crunched to a low level, at around $235/mt and $60/mt respectively as of May 13, approaching the low points seen in late 2019 (PX-naphtha spread around $222/mt in the end of Nov 2019). The biggest constrain weighing on PX price is the fast-rising inventory since the first quarter of 2020.

Petrochemicals Antibacterial Enzymes

-MEGlobal raises June MEG prices by USD10 per ton

MEGlobal, the world leader in the production of monoethylene glycol (MEG) and diethylene glycol (DG), has nominated the June MEG contract price for Asia at USD570 per tonne, which is USD10 per tonne higher than in May, the company said. .

The price was announced on terms of delivery CFR Asia. The company lowered MEG prices amid falling spot prices in the market. Petrochemicals Antibacterial Enzymes

The price increase followed the recent MEG price increase in early May amid replenishment of stocks after prices fell to historic lows after the 2008 global financial crisis.

Petrochemicals Antibacterial Enzymes

-Is EIA Data Disguising A Disastrous Decline In U.S. Shale?

The Trump administration claims that the U.S. is “transitioning to greatness,” and that energy companies are going to see “massive gains.” U.S. Secretary of Energy Dan Brouillette says there is “stability” in the oil market, and that economic activity will “explode” on the other side of the pandemic.

Thanks to the leadership of President @realDonaldTrump, the transition to greatness is well underway, and our economy along with our U.S. energy companies are going to see massive gains on the other side of this pandemic. Petrochemicals Antibacterial Enzymes

Is EIA Data Disguising A Disastrous Decline In U.S. Shale?

-Coronavirus, oil price crash – impact on chemicals

Crude oil markets are showing “early signs of rebalancing” as output cuts by OPEC+ countries kick in and some economies move to reopen, the executive director at the International Energy Agency (IEA) said on Thursday.

Some petrochemicals end markets like those for medical equipment and disinfectants have staged a revival during the coronavirus pandemic, a trend that is likely to stay in the long term, said Fatih Birol.

In European recycled polyethylene terephthalate (R-PET) markets there is on-going price pressure from virgin PET. Demand dynamics are becoming more regional. Many companies are sticking to sustainability goals despite the coronavirs pandemic.

On this topic page we analyse the impact of coronavirus and the oil price collapse on chemical markets and bring together the latest news reported by ICIS. To visit the ICIS energy markets topic page, click here.  Petrochemicals Antibacterial Enzymes

Coronavirus, oil price crash - impact on chemicals

-US Q2 industrial ethanol contracts rise on booming demand, short supply

US Q2 industrial ethanol contract prices were assessed at a increase on Wednesday, amid booming demand and short supply.

ICIS assessed the Q2 200-proof industrial ethanol contract price at $4.20-4.80/gal FOB (free on board) US Gulf Coast (USG), and the Q2 190-proof industrial ethanol contract at $4.00-4.60/gal FOB USG.  Petrochemicals Antibacterial Enzymes

US Q2 industrial ethanol contracts rise on booming demand, short supply

-Stockland : Whiteman Edge introduces recycled roads

Saving litter from landfill with every kilometre

Whiteman Edge will be Stockland’s first community in Australia to trial a new recycled asphalt pavement that will help divert hundreds of thousands of plastic bags, glass bottles, and printer toners from landfill.

The innovative product contains 30% recycled asphalt, which diverts up to 500,000 plastic bags and packaging equivalents, 165,000 glass bottles equivalents, and 12,000 printer toners from landfill for every one kilometre of a two-lane Reconophalt road.

The new Downer Reconophalt product will be used to build roads for Whiteman Edge’s new stages, 31 and 32 and is a collaboration with the City of Swan.

Stockland General Manager WA Residential Col Dutton said the trial of Downer’s Reconophalt product at Whiteman Edge is part of Stockland’s long-term, national sustainability strategy. Petrochemicals Antibacterial Enzymes

Stockland : Whiteman Edge introduces recycled roads

-Now it’s your turn: Saudi Arabia urges other oil producers to join output cuts

Saudi energy minister Prince Abdulaziz bin Salman and Russian counterpart Alexander Novak discussed oil market developments

OPEC and its allies agreed last month to reduce output by 9.7 million bpd for May and June, a record production cut

DUBAI: Saudi Arabia and Russia on Wednesday pledged to rebalance the global oil market and urged other producers to join them in mitigating the effects of the coronavirus pandemic on energy demand. Petrochemicals Antibacterial Enzymes

The two leading oil countries’ energy ministers, Prince Abdul Aziz bin Salman and Alexander Novak, issued a joint statement commending “the efforts of responsible producers around the world who had willingly adjusted their production out of a sense of shared responsibility.”

-Now it’s your turn: Saudi Arabia urges other oil producers to join output cuts

Petrochemicals Antibacterial Enzymes

Petrochemicals Biobased PEF Enzymes 14-05-2020

 

May European ethylene oxide contract price

May European ethylene oxide contract price drops by EUR82 per tonne

May European ethylene oxide

MOSCOW  – May European prices for ethylene oxide fell by EUR82 per tonne to EUR898–1,066 per tonne, ICIS reports.

The contract price was approved on the terms of FD NWE (with delivery to North-West Europe).

European ethylene oxide contracts have been declining for the third month in a row. In May, they decreased due to lower ethylene prices.

It was previously reported that the contract price of ethylene in Europe for May deliveries was finally agreed at EUR620 per tonne, which is EUR100 per tonne lower than the level of the previous month.

Over the past three months, ethylene contract prices have fallen by EUR350 per tonne.

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

According to the ICIS-MRC Price Review , last week in Russia, price discussions on May deliveries of PE started, in most cases, sellers declare prices lower. The only exceptions are the prices of high pressure polyethylene (LDPE) of individual sellers.

mrcplast.ru

Author: Anna Larionova

Petrochemicals Biobased PEF Enzymes 14-05-2020

Formosa suspends glycols plant construction in Texas

Petrochemicals Biobased PEF Enzymes 14-05-2020

Petrochemicals Biobased PEF Enzymes

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Freudenberg completes Low & Bonar acquisition

The global technology group Freudenberg has completed its acquisition of London headquartered Low & Bonar PLC by buying 100% of its shares. Freudenberg submitted an offer for the company in September 2019, which was shareholder approved in November 2019, and the European Commission authorized the merger on 17 April. The technical textiles manufacturer will be delisted from the London Stock Exchange on 13 May and will be integrated in the Freudenberg Performance Materials Business Group.

“Freudenberg strengthens its performance materials business, and with Low & Bonar’s innovative technology it can further expand its technological know-how,” says Dr. Mohsen Sohi, Freudenberg Group CEO.

Petrochemicals Biobased PEF Enzymes

-What’s in a headline? The challenge of reporting on packaging waste

The ways in which the media has covered the plastics debate have sometimes clouded consumer perceptions, to put it mildly. Victoria Hattersley spoke to Libby Peake, head of resource policy at the independent Green Alliance think tank, about its study on the grocery sector’s response to the packaging waste problem, published earlier this year, and the response it has generated. Petrochemicals Biobased PEF Enzymes

As part of its work for the Circular Economy Task Force, in early January this year the Green Alliance published a report, ‘Plastic promises: what the grocery sector is really doing about packaging’, which suggested that we are seeing a ‘disjointed and potentially counterproductive approach to solving plastic pollution’, with brand owners on the verge of swapping to other materials that may have even more serious environmental consequences – such as higher carbon emissions.

Petrochemicals Biobased PEF Enzymes

-May European ethylene oxide contract price drops by EUR82 per tonne

May European prices for ethylene oxide fell by EUR82 per tonne to EUR898–1,066 per tonne, ICIS reports.

The contract price was approved on the terms of FD NWE (with delivery to North-West Europe). Petrochemicals Biobased PEF Enzymes

European ethylene oxide contracts have been declining for the third month in a row. In May, they decreased due to lower ethylene prices.

Petrochemicals Biobased PEF Enzymes

-PROHACCP and LATI team up for food safety

PROHACCP, a Polish manufacturer of food industry safety systems that meet the strictest international standards, such as HACCP (Hazard Analysis and Critical Control Points), BRC and IFS, has teamed up with LATI to improve food safety.

The PROHACCP catalogue includes technical articles made with plastic materials detectable by metal detectors and X-ray machines. These include inspection kits, pens and highlighters, containers, paper clips and bulldog clips, tapes, label holders, PPE, cutters and hinges. Petrochemicals Biobased PEF Enzymes

Petrochemicals Biobased PEF Enzymes

-Europe’s contract price of benzene in May rose by EUR55 per tonne

The contract price of benzene in Europe for deliveries in May was agreed at EUR226 per tonne, which is EUR55 per tonne higher than in April, ICIS reported citing confirmation from two buyers and three sellers. Petrochemicals Biobased PEF Enzymes

The contract price was agreed on the terms of delivery of CIF Northwest Europe.

In US dollars, the May contract price of benzene was agreed at USD245 per ton based on the rate of EUR1 = USD1.084. Thus, in dollars, the May price rose by USD56 per tonne.

Petrochemicals Biobased PEF Enzyme

-First Graphene and Foster Plastics Industries to commence testing on EVA products

First Graphene logo imageFirst Graphene (FGR) has reported that Foster Plastics Industries, an Australian extrusion company, is collaborating with FGR to develop PureGRAPH-enhanced ethylene-vinyl acetate (EVA) materials for use in Foster’s range of solar tubes and plastic extrusion systems.

The PureGRAPH 10 EVA masterbatch loaded with 30% graphene will be drawn down to the desired ultimate concentration of 0.25% to 1% within Foster’s proprietary black nitrile/PVC compound.Petrochemicals Biobased PEF Enzymes

First Graphene and Foster Plastics Industries to commence testing on EVA products

-Significant advantages exist in Reliance-Aramco deal: Report

Its recent capital raising decisions and weak oil prices may be raising doubts among investors on the conclusion of Reliance Industries’ USD 15 billion deal with Saudi Aramco but there still exist significant advantages for the Saudi firm  to conclude its investments in the oil-to-chemical business of the Indian giant, an analyst said on Wednesday.

HSBC Global Research in a note said Aramco buying 20 per cent in O2C business of Reliance would allow the Indian firm to build financial muscle as it carves out space for itself in highly competitive omni-channel retail. Petrochemicals Biobased PEF Enzymes

-Significant advantages exist in Reliance-Aramco deal: Report

-Asian ethylene prices rise on improved fundamentals

Ethylene prices in northeast Asia have risen by 28pc to $530/t cfr northeast Asia on the back of improved fundamentals.

Spot prices in northeast Asia hit $530/t cfr on 13 May, supported by deals concluded for June-arrival cargoes in a $490-570/t cfr China range.

A deal was likely concluded at $570/t cfr China for a 6,500t June-arrival deep-sea cargo. The buyer is likely a styrene monomer (SM) producer and the seller a regional trader.

This week’s rally reversed most of the losses incurred in April, when prices reached a record low of around $300/t cfr northeast Asia. Spot prices were last above $500/t cfr northeast Asia in late March this year. Petrochemicals Biobased PEF Enzymes

Asian ethylene prices rise on improved fundamentals

-BMB invests in fourth production unit in Brescia

BMB has added a fourth production unit at its Italian headquarters in Brescia, following an increase in market share.

The company says investment in the new unit, which has taken just over 12 months to complete, is a sign of its commitment to the future growth of the plastics industry.

BMB says the new state-of-the-art smart factory will allow it to operate more efficiently and meet the increasing demand from new and existing customers.

It will also enable its existing range – from 100 tonnes clamp force to 3,500 tonnes clamp force—to be extended to 4,500 tonnes clamp force, two models of which are in the final assembly stages in the new production unit.  Petrochemicals Biobased PEF Enzymes

BMB invests in fourth production unit in Brescia

-German chemicals urge ‘new start’ to overcome crisis, set five-point plan

Germany’s economy needs to reset for an “immediate, comprehensive new start” in order to cope with the fallout from the coronavirus pandemic, the country’s chemicals trade group VCI said on Wednesday. Petrochemicals Biobased PEF Enzymes

VCI put forward a five-point plan focused on:

– Resumption of normal operations: the government-ordered shutdowns must be ended quickly, but with a “sense of proportion”

– Free trade of goods: the dismantling of trade barriers and the simplification of custom procedures will drive a revival of trade flows

German chemicals urge ‘new start’ to overcome crisis, set five-point plan

Petrochemicals Biobased PEF Enzymes

Petrochemicals Biobased Enzymes 13-05-2020

Europe contract price benzene May rose

Europe’s contract price of benzene in May rose by EUR55 per tonne

Europe contract price benzene

MOSCOW – The contract price of benzene in Europe for deliveries in May was agreed at EUR226 per tonne, which is EUR55 per tonne higher than in April, ICIS reported citing confirmation from two buyers and three sellers.

The contract price was agreed on the terms of delivery of CIF Northwest Europe.

In US dollars, the May contract price of benzene was agreed at USD245 per ton based on the rate of EUR1 = USD1.084. Thus, in dollars, the May price rose by USD56 per tonne.

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

According to ScanPlast of Market Report, according to the results of February of this year, the total estimated consumption of PS and styrene plastics in Russia compared to February 2019 increased by 14% and amounted to 39.89 thousand tons. For the first two months of the year, estimated consumption amounted to 80.57 thousand tons, which corresponds to last year’s indicator.

mrcplast.ru

Author: Anna Larionova

Petrochemicals Biobased PEF Enzymes 14-05-2020

Benzene Market Projected to Expand at a CAGR of 3.98% during 2020-2028 | China Petrochemical Corporation, Eastman Chemical Company

 

Petrochemicals Biobased Enzymes 13-05-2020

Petrochemicals Biobased Enzymes

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Contract prices of phenol in Europe in May rose by EUR55 per ton

Contract prices for phenol on the European market in May rose by EUR55 per ton amid rising prices for benzene raw materials, which led to a partial recovery in prices after a record decline in April, ICIS reports.

May prices were agreed at EUR1 005-1 030 per tonne, FD NWE (north-west Europe), while the May price of benzene rose by EUR55 per tonne compared with the April record low.

Contract prices for phenol in Europe were agreed at EUR950-975 per tonne in April, the lowest contract level since May 2009, after a record drop in contract prices for benzene by EUR424 per tonne last month.

Petrochemicals Biobased Enzymes

-Bic Launches Recycling Program

Consumers Can Now Recycle Stationery Products and Packaging Nationwide Through TerraCycle.

BIC, a world leader in stationery, lighters and shavers, has partnered with international recycling leader TerraCycle® to offer consumers a free and easy way to recycle their fully-used pens, mechanical pencils, markers and other stationery products and parts of packaging nationwide.  Petrochemicals Biobased Enzymes

As an added incentive, for every shipment of used stationery products collected and sent to TerraCycle through this program, collectors earn points that can be donated to a school or charitable organization of their choice.

Petrochemicals Biobased Enzymes

-Europe PE margins drop week on week on higher feedstock costs

European plants producing polyethylene (PE) have seen their margins fall week on week due to higher feedstock costs, ICIS margin analysis showed on Tuesday.

In the week to 8 May:

– Naphtha values rose by more than 32%

– LPG values increased by 13%

High density polyethylene (HDPE) contract margins fell by more than 19%, co-product credits rose slightly   Petrochemicals Biobased Enzymes

Petrochemicals Biobased Enzymes

-Europe naphtha prices rebound on Asia demand pull, crude but glut looms large

European naphtha spot prices have revived from April lows on the back of improving crude oil futures, falling refinery run rates, certain demand pull from Asia, and feedstock economics favouring consumption rates at crackers.

However, price downward pressure persists as deals are being concluded at double-digit discounts for early June deliveries amid ongoing supply glut and limited demand.

That pressure was felt on Monday, with spot prices closing at $208/tonne CIF (cost, insurance, freight) NWE (northwest Europe) for H1 June deliveries, down from last week’s close at $214-215/tonne CIF NWE.  Petrochemicals Biobased Enzymes

Petrochemicals Biobased Enzymes

-US textile and apparel import demand plunged

COVID-19 pandemic is still severe.

The United States has become the hardest hit and global economic activities have been greatly affected.

The latest data show that US textile and apparel imports reached 4.19 billion square meters in Mar, down by 12.6% year-on-year; the volume from China was 940 million square meters, down by 38.7% year-on-year. Petrochemicals Biobased Enzymes

Petrochemicals Biobased Enzymes

-Industry welcomes EU court’s biomass ruling

Industry association Bioenergy Europe today said the European Court of Justice’s (ECJ) dismissal of a 2019 case filed against forest biomass has cleared doubts over the future of biomass as the EU’s largest renewable energy source. Petrochemicals Biobased Enzymes

The sustainability framework under the 2018 renewables directive is once again acknowledged as a solid approach, Bioenergy Europe said.

The ECJ dismissed as inadmissible a case brought in March 2019 by environmental and wildlife campaigners in Estonia, France, Ireland, Romania, Slovakia and the US. The campaigners had requested that the ECJ declare void those provisions of the 2018 renewables directive that allow forest biomass energy to count towards the EU’s 2030 renewable goal as well as be eligible for financial support.

Industry welcomes EU court's biomass ruling

-LOW-COST TECHNIQUES FOR NOX REDUCTION

An understanding of the available NOx-reduction strategies will help engineers to select the best technique to improve the performance of their combustion processes

Pollution due to oxides of nitrogen — frequently abbreviated as NOx — is regulated with varying degrees of severity in different localities. Petrochemicals Biobased Enzymes

NOx regulations are regional for good reason: NOx and hydrocarbons react in a complex way to produce smog, and smog formation is greatly affected by topological and meteorological conditions. NOx reduction to very low levels carries economic impact, and balancing environmental and economic requirements has been a mainstay of air quality legislation since its inception. There are many inexpensive and historically validated NOx-reduction techniques that can cut NOx in half, as dicsussed in this article.

LOW-COST TECHNIQUES FOR NOX REDUCTION

INOVYN plays role in ambitious ‘Power to Methanol’ project in Antwerp

Methanol is an essential multi-purpose raw material for the chemical industry, with many applications in wider industry. Currently, methanol is produced using fossil based raw materials, which emits carbon dioxide from the process.

The new ‘Power to Methanol’ project in Antwerp, being announced today, would produce methanol from captured CO2 combined with hydrogen generated from renewable electricity. Petrochemicals Biobased Enzymes

A planned industrial-scale demonstration unit would produce 8,000tpa of sustainable methanol and would save at least 8,000tpa of CO2 emissions every year.INOVYN plays role in ambitious 'Power to Methanol' project in Antwerp

-China’s PSF imports from Southeast Asia and Africa

Recycled PSF market steps into stagnant situation again recently. The feedstock supply remains not large, and recycled PSF prices are hard to move up, with unfavorable sales. Let’s see the imports.

HS code 55032000 is synthetic staple fibers, of polyesters, not carded, including virgin PSF and recycled PSF. And the imports from Southeast Asia and African are mainly the recycled PSF.  Petrochemicals Biobased Enzymes

China began to import PSF from Burma in 2017, and the volumes were not large overall. In 2019, one HC re-PSF production line in Hangzhou of Zhejiang province relocates to Burma.

Imports from Vietnam soared in 2018. In 2017, the import volumes were only several hundred tons, but with the import ban on solid waste, plants gradually transferred to overseas markets, and Vietnam has solid re-PSF plants. In 2018, imports from Vietnam surged to 13,113 tons, and the volumes reached 19,196 tons in2019.

China's PSF imports from Southeast Asia and Africa

-DuPont Teijin Films introduces flame retardant clear polyester film

DuPont Teijin Films is introducing clear flame retardant PET polyester films to help product designers achieve improved safety in the industrial, transportation, construction, electronics and label industries. Petrochemicals Biobased Enzymes

Now commercially available from DuPont, the Melinex FR32x PET films have achieved UL’s VTM-0 flame rating classification, in accordance with ANSI / UL 94 and they are halogen-free.

“We’re excited to announce this key addition to our expanding portfolio of differentiated PET film offerings,” said Scott Gordon, business development manager, DuPont Teijin Films.

DuPont Teijin Films introduces flame retardant clear polyester film

Petrochemicals Biobased Enzymes

Petrochemicals Biobased Synthetic Yarn 12-05-2020

Contract prices phenol Europe May rose

Contract prices phenol Europe

Contract prices of phenol in Europe in May rose by EUR55 per ton

Contract prices phenol  Europe

MOSCOW  – Contract prices for phenol on the European market in May rose by EUR55 per ton amid rising prices for benzene raw materials, which led to a partial recovery in prices after a record decline in April, ICIS reports.

May prices were agreed at EUR1 005-1 030 per tonne, FD NWE (north-west Europe), while the May price of benzene rose by EUR55 per tonne compared with the April record low.

Contract prices for phenol in Europe were agreed at EUR950-975 per tonne in April, the lowest contract level since May 2009, after a record drop in contract prices for benzene by EUR424 per tonne last month.

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 ScanPlast of Market Report, the total estimated consumption of PC granules in the Russian market (excluding imports and exports to Belarus) amounted to 12.6 thousand tons in January-February 2020 compared to 9.6 thousand tons for the same period last year . Demand increased by 31%.

mrcplast.ru

Author: Anna Larionova

Petrochemicals Biobased Enzymes 13-05-2020

Asia Special Report – Asia Acetone and Phenol

Petrochemicals Biobased Synthetic Yarn 12-05-2020

Petrochemicals Biobased Synthetic Yarn

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Japanese textile and apparel import demand collapsed in the first quarter

According to the latest data, Japanese textile and apparel imports in Mar reached 216,500tons, down by 2% year-on-year, while those from China were 105,300tons, down by 4% year-on-year. In the first quarter, Japanese textile and apparel imports totaled 605,000tons, down by 7.5% year-on-year; the volume from China totaled 286,000tons, down by 13.1% year-on-year.

As can be seen from above, Japanese textile and apparel import demand weakened sharply in the first quarter of 2020, and the decline in the volume from China was larger than the total. Global textile and apparel industry has been greatly impacted hit by the accelerating outbreak. While the pandemic in China has been controlled and mills gradually returned to work, the global consumption and trade suffered comparatively in the epidemic spread outside China. Japan was no exception.

Petrochemicals Biobased Synthetic Yarn

-BASF and Security Matters collaborate to boost circular economy for plastics

Australia-based based Security Matters and Germany-based BASF sign a joint development agreement to develop solutions for plastics traceability and circularity.

In this collaboration, Security Matters and BASF aim to offer a solution to move towards a circular economy, where plastics can be recovered and reused mechanically. As according to BASF, recycled plastic loses its mechanical performance properties and quality compared to virgin plastic due to polymer degradation and residual impurities and the recycling infrastructure is also expensive and complicated. Petrochemicals Biobased Synthetic Yarn

Achim Sties, senior vice president, performance chemicals Europe, BASF SE, said, “To tackle the global challenge, we have to rethink plastic applications with their end of life in mind. It is essential to progress towards a circular economy approach that closes the loop on end-of-life resources and allows us to recover and recycle plastics as efficiently as possible.”

Petrochemicals Biobased Synthetic Yarn

-Where it is profitable to produce oil at prices below $ 30 per barrel

let’s Start with our country. Oil production in Russia is not cheap in the first place, due to relatively high fiscal burden. According to Rosstat, in 2019, the average cost per ton of oil produced in Russia is 230,6 dollar, which is equal to 31.45 USD per barrel.

Most popular now a study on the cost of production made in the past year since IHS company, Saudi Aramco, gives slightly higher numbers for Russia, but only because in their calculation took into account all taxes and the excise tax and a mandatory 10% profit. Taking into account these supplements the official statistics of Rosstat and the results of the study IHS Markit quite comparable. Petrochemicals Biobased Synthetic Yarn

According to the version of IHS, the profitability of oil production in Russia for land projects is $ 42 per barrel, and for marine – $ 44 per barrel.

Petrochemicals Biobased Synthetic Yarn

-US PVC spot export prices firm as demand rises in China

US  polyvinyl chloride (PVC) spot export prices firmed as demand returned in China and US producers raised offers.

The higher demand in China brought some positive sentiment in global markets for a return to more normal markets and reversed a weeks-long slide in prices.

The US assessed spot export range rose an average of $20/tonne to a narrower range of $550-570/tonne. Petrochemicals Biobased Synthetic Yarn

Petrochemicals Biobased Synthetic Yarn

-BP ANNOUNCES FEASIBILITY STUDY FOR RENEWABLE-HYDROGEN PRODUCTION IN WESTERN AUSTRALIA

BP plc has announced that bp Australia is taking part in a feasibility study related to an export-scale renewable hydrogen production facility in Western Australia.

The extensive study will help BP and the energy sector better understand the possibilities of using hydrogen to export renewable energy at scale.

The project will include an initial investment from bp of (AUS) $2.7 million, with a further $1.7 million being funded by Australian Renewable Energy Agency (ARENA) as part of its Advancing Renewables Program. bp Australia will be supported by GHD Advisory to deliver the study. Petrochemicals Biobased Synthetic Yarn

Petrochemicals Biobased Synthetic Yarn

-Germany’s chemicals employment falls 5% in April – Ifo

Employment in the German chemicals sector fell 5% in April as a result of the coronavirus pandemic, according to research from the Ifo institute on Monday.

While the pharmaceutical industry has recorded no job loss due to the pandemic, other markets downstream of the chemicals sector have marked much higher cuts in the same period. Petrochemicals Biobased Synthetic Yarn

The services sector marked the largest decline as lockdown measures have prohibited hotels, restaurants and travel agents from operating.

In the manufacturing sector, 39% of automotive companies have recorded a downturn in employment figures, surpassed by a 48% drop of jobs in leather, leather goods and footwear manufacturers.

Germany's chemicals employment falls 5% in April - Ifo

– Coronavirus, oil price crash – impact on chemicals

Shares of petrochemical firms in Asia traded higher on Monday due to easing coronavirus-related restrictions across the region, while oil prices continued to be weighed down in an oversupplied global market.

Oil giant Saudi Arabia will triple its value-added tax (VAT) rate to 15% effective July to shore up revenues hit by the recent crash in crude oil prices, as it rationalizes spending amid the coronavirus pandemic. Petrochemicals Biobased Synthetic Yarn

In China, resumption of infrastructure construction drove up domestic prices of high density polyethylene (HDPE) pipes. Demand for the material typically peaks in the second quarter due to warmer weather.

Coronavirus, oil price crash - impact on chemicals

-GCC chemical imports to India ‘hurt by anti-dumping probe’

GCC ethylene glycol (EG) imports into India may be severely hurt as a result of an ongoing anti-dumping investigation targeting imports from Saudi Arabia, Kuwait, Oman, UAE and Singapore, according to the Gulf Petrochemicals and Chemicals Association (GPCA), the regional trade body representing the common interests of the chemical and allied industries in the Arabian Gulf. Petrochemicals Biobased Synthetic Yarn

The inconsistent investigative practices by Indian authorities on anti-dumping regulations raise serious concerns under World Trade Organization (WTO) rules and threaten to severely hurt GCC economies, jeopardising $543 million worth of mono ethylene glycol (MEG) imports, which is equivalent to 20 per cent of total chemical imports from the region into India, according to GPCA analysis.

GCC chemical imports to India 'hurt by anti-dumping probe'

Korea’s Lotte Chemical sees gradual recovery in demand

South Korean petrochemical producer Lotte Chemical expects low feedstock costs and a gradual recovery in demand to boost its olefins and aromatics profits in the current quarter.

A plunge in naphtha prices amid the Covid-19 pandemic will be better reflected in feedstock costs for April-June than in the first quarter, as those cheaper supplies are put into production, Lotte said. And the company sees the beginning of a recovery in olefins demand in China and the rest of northeast Asia, although demand will remain weak elsewhere in the world. Petrochemicals Biobased Synthetic Yarn

Korea's Lotte Chemical sees gradual recovery in demand

-Nordson helps meet urgent demand for nonwoven sheet used in PPE

Nordson Corporation reports supplying large quantities of gear pumps and screen changers to producers of melt blown polypropylene microfiber sheet for the masks, gowns, and other personal protective equipment (PPE) used by healthcare workers.

Since the COVID-19 outbreak, Nordson has shipped many BKG NorCon screen changers to global market leading extrusion OEMs in Europe and even greater numbers of BKG BlueFlow gear pumps to OEMs around the world, including China. Petrochemicals Biobased Synthetic Yarn

Nordson helps meet urgent demand for nonwoven sheet used in PPE

RadiciGroup – Angelo Radici : “This is how the multinationals made in Bergamo start again” (Italian Language Only)

Angelo Radici: "This is how the multinationals made in Bergamo start again" (Italian Language Only)
Angelo Radici is president of the multinational company of the same name born 75 years ago in Gandino, the center of 5 thousand souls, 26 kilometers from Bergamo.

The RadiciGroup represents one of the many miracles in the province most affected by the pandemic, an area designed by peaks, crests and valleys, even impervious, yet by very vital entrepreneurship.

It is precisely at the top of a valley that this giant of chemistry, technopolymers and synthetic fibers arose.

The entity of the colossus? The numbers speak for themselves: € 1.2 billion in sales, 3100 employees, presence in 16 countries, 24 production sites, 8 sales offices.
Angelo Radici is the seventh protagonist of the cycle of interviews dedicated to D.C. (After Coronavirus) designed by the Italian entrepreneurial greats.

Thus speaks the captain of a company on the front line in dealing with the emergency.

The Bergamo companies have created many alliances to deal with Covid-19. Was this synergistic spirit breathed even before the pandemic or was it the emergency that triggered it?

I think that the link with our territory and the sense of belonging to the community are traits that have always characterized us.

The difficulties of the moment have made these aspects stand out even more clearly, as evidenced by the various solidarity initiatives put in place quickly and effectively.

The big advantage was having skills at the local level. It was enough to activate us by phone to find companies willing to team up, with the awareness of collaborating between “friendly” entrepreneurs.

Could new production chains arise from this misfortune?

Even from the most difficult situations, positive lessons can be drawn. Certainly the period we are living has constituted a precious test bench that has laid the foundations for important synergies that would be worth cultivating even after the pandemic.

Like RadiciGroup, in this phase we have created a totally new chain for the realization of certified protective devices and gowns for hospitals trying to make up for the great lack of this production in Italy.

The hope for the future is that it is understood that some supply chains are indispensable at national level. In order to restart the local economy, but in general that of the whole country, everyone’s contribution is needed, making use of skills and opportunities.

Petrochemicals Biobased Synthetic Yarn

Petrochemicals Biobased Synthetic Fabric 11-05-2020

Petrochemical Polymers Chemical PTA Trend

Petrochemical Polymers Chemical PTA

Petrochemical Polymers Chemical PTA

Polyestertime
ITEM06/05/202011/05/2020+/-
Bottle grade PET chips domestic market5,400 yuan/ton5,400 yuan/ton
Bottle grade PET chips export market670 $/ton670 $/ton
Filament grade Semidull chips domestic market

Petrochemical Polymers Chemical PTA

4,600 yuan/ton4,550 yuan/ton-50
Filament grade Bright chips domestic market4,700 yuan/ton4,700 yuan/ton
Pure Terephthalic Acid PTA domestic market3,335 yuan/ton3,300 yuan/ton-35
Pure Terephthalic Acid PTA export market
410 $/ton400 $/ton-10
Monoethyleneglycol MEG domestic market3,525 yuan/ton3,460 yuan/ton-65
Monoethyleneglycol MEG export market415 $/ton410 $/ton--5
Paraxylene PX FOB  Taiwan market482 $/ton490 $/ton+8
Paraxylene PX FOB  Korea market464 $/ton472 $/ton+8
Paraxylene PX FOB EU market

Petrochemical Polymers Chemical PTA

362 $/ton374 $/ton+12
Polyester filament POY 150D/48F domestic market5,450 yuan/ton5,330 yuan/ton
-120
Recycled Polyester filament POY  domestic market5,300 yuan/ton5,450 yuan/ton+150
Polyester filament DTY 150D/48 F domestic market7,000 yuan/ton7,000 yuan/ton
Polyester filament FDY 68D24F domestic market 6,650 yuan/ton6,600 yuan/ton-50
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Chemical PTA
6,000 yuan/ton5,970 yuan/ton-30
Polyester staple fiber 1.4D 38mm domestic market5,800 yuan/ton5,780 yuan/ton-20
Caprolactam CPL domestic market8,650 yuan/ton9,850 yuan/ton
+1,200
Caprolactam CPL overseas  market970 $/ton1,000 $/ton+30
Nylon6 chips overseas  market1,230 $/ton1,230 $/ton
Nylon6 chips conventional spinning domestic  market9,600 yuan/ton10,700 yuan/ton+1,100
Nylon6 chips  high speed spinning domestic  market9,500 yuan/ton10,600 yuan/ton+1,100
Nylon 6.6 chips domestic  market17,800 yuan/ton17,800 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Chemical PTA

12,200 yuan/ton12,600 yuan/ton+400
Nylon6 Filament DTY 70D/24F domestic  market15,200 yuan/ton15,500 yuan/ton+300
Nylon6 Filament FDY  70D/24F  domestic  market12,900 yuan/ton13,400 yuan/ton+500
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,000 yuan/ton29,000 yuan/ton
Adipic Acid domestic market5,900 yuan/ton6,100 yuan/ton+200
Benzene domestic market3,475 yuan/ton3,400 yuan/ton-75
Benzene overseas  market337 $/ton365 $/ton
+28
Ethylene South East market370 $/ton435 $/ton+65
Ethylene NWE  market282 $/ton281 $/ton-1
Acrylonitrile ACN  domestic market6,600 yuan/ton7,000 yuan/ton+400
Acrylonitrile ACN  overseas market900 $/ton900 $/ton
Acrylic staple fiber ASF  domestic market11,100 yuan/ton11,100 yuan/ton
Viscose Staple Fiber VSF  domestic market8,600 yuan/ton8,500 yuan/ton-100
PP Powder domestic market7,200 yuan/ton7,200 yuan/ton
Naphtha overseas market 

Petrochemical Polymers Chemical PTA

241 $/ton248 $/ton
+7
Phenol domestic market 6,337 yuan/ton6,912 yuan/ton+575
PS Taiwan 5250 GPPS910 $/ton 940 $/ton+30
PS Taiwan 8250 HIPS1,030 $/ton 1,050 $/ton+20
LDPE CFR Far East 782 $/ton792 $/ton+10
LLDPE CFR Far East682 $/ton702 $/ton+20
LDPE   FOB Middle East774 $/ton784 $/ton+10
LLDPE FOB Middle East674 $/ton694 $/ton+20
HDPE CFR Far East694 $/ton694 $/ton
LDPE FD Northwest Europe 853 €/ton833 €/ton--20
LLDPE FD Northwest Europe 843 €/ton823 €/ton-20
Homopolymer PP CFR Far East780 $/ton790 $/ton+10
Homopolymer PP FD NWE811 €/ton807 €/ton-4

Petrochemical Polymers Chemical PTA

Petrochemicals Biobased Synthetic Fabric 11-05-2020

Petrochemicals Biobased Synthetic Fabric

Petrochemical Polymers Chemical PTA Trend

Petrochemicals Biobased Synthetic Fabric

Crude Oil Prices Trend

Crude Oil Prices Trend

-US PET demand may be showing first signs of weakness

Demand for US polyethylene terephthalate (PET) remains strong, supported by sustained buying activity from the end-user segment – mainly at supermarkets via food packaging, according to many market participants.

Unseasonably increased demand of PET packaged foods and cleaning products in mid-to-late Q1 was the result of bulk buying amid the spread of the coronavirus in the US.

Several industry sources predicted that demand would collapse in early-to-mid Q2, particularly as unemployment rates started to rise. Along with anticipated declining demand in Q2, resin prices were expected to erode by several cents in May, given plummeting crude oil and feedstock paraxylene prices.

Petrochemicals Biobased Synthetic Fabric

-Slumping auto sector faces long road to recovery

Automotive production will make only a gradual recovery from the Covid-19 crisis, cutting demand for auto components this year and weighing heavily on industrial metal and steel prices in the months ahead.

Automotive markets slumped in the first quarter of this year the world over, and the prognosis for the second quarter is similarly weak, signalling a sustained demand shock for the multiple metals and steels feeding the sector.

What began as a supply shock to the world’s automotive factories is now firmly a demand crisis as human mobility skids to an abrupt halt.

Petrochemicals Biobased Synthetic Fabric

-Different views on pricing, supply and demand split Europe R-PET market

The European recycled polyethylene terephthalate (R-PET) market is facing a tough time due to the double threat of plunging oil and virgin PET prices and impacts on demand and availability because of the coronavirus pandemic.

As a result, views among R-PET market participants on prices and supply and demand are diverging, putting buyers and sellers firmly in one of two camps.

On the one side are the players who see the current situation around coronavirus creating stronger demand for R-PET, driven by increased consumption of food packaging, water bottles and hygiene products packed in PET, most of which also have some level of R-PET content.

Petrochemicals Biobased Synthetic Fabric

-Brüggemann launches new heat stabiliser for polyamides

Brüggemann has launched its Phenolic Plus BRUGGOLEN TP-H1803, a new heat stabiliser for polyamides designed to outperform conventional phenolic/phosphite based stabilisers, i.e. blends of sterically hindered phenolic antioxidants with organic phosphites.

BRUGGOLEN TP-H1803 bridges the price-performance gap between these blends and copper based stabilisers.

Phenolic Plus extends the heat stabilisation of polyamides to peak temperatures of 180°C, something not possible for hindered phenolic antioxidants and organic phosphites.

Petrochemicals Biobased Synthetic Fabric

-CRISPR and the Coronavirus

A recent interview with Prof. Jennifer Doudna, a co-discoverer of the CRISPR-Cas9 system for genome editing, highlights potential applications of the technology to COVID-19.

The CRISPR (Clustered Regularly Interspaced Short Palindromic) genome editing system can be used to delete, insert, or alter any type of DNA/RNA, including that of humans, animals, plants, or microorganisms like bacteria. CRISPR is a highly versatile technique which has the potential to cure complex diseases at the genetic level efficiently.

In the interview with Amanpour and Company, Prof. Doudna discusses some of the recent efforts of her lab at UC Berkley.

Petrochemicals Biobased Synthetic Fabric

-China’s Sinopec forecasts bleak oil demand outlook

The impact from the Covid-19 pandemic will continue to pressure global oil prices but a shift in consumer patterns because of lockdowns may weigh on oil demand in the longer term, according to research by China’s biggest state-controlled refiner Sinopec.

The Sinopec Economics and Development Research Institute (EDRI), the firm’s research arm, expects the changing workplace, lifestyle, education and consumption patterns to further slow the growth of global oil demand in the future as a direct result of lockdowns brought about by the coronavirus outbreak, which was first reported in Wuhan city in central China’s Hubei province in December 2019.

China’s Sinopec forecasts bleak oil demand outlook

-To Exit the pandemic with a new Green Deal for Italy: a manifesto from companies and associations (Italian Language Only)

The world of Italian businesses, heavily affected by the Covid-19 pandemic, takes an initiative to revive the economy in a green key. To date, 110 representatives of important companies and business organizations have signed the Manifesto “Exit the pandemic with a new Green Deal for Italy” (below).

The Manifesto intervenes in the ongoing debate, at national and European level, on measures to revive the economy, heavily hit by the Covid pandemic19 by urging a development project that meets the challenges of our time.

We need – explains a note from the drafters – measures to make our societies, our health systems and our economy more resilient to pandemics, but also to face other threats for our future: first of all the great climate crisis, fueled by a linear economy model with high consumption of fossil energy and waste of natural resources.

The European Recovery Plan, which aims to activate substantial Community funding, should, in the new and far more serious conditions generated by the pandemic, re-establish and relaunch with a new Green Deal the ambitious European project for an advanced, decarbonised and circular economy. We hope.

To Exit the pandemic with a new Green Deal for Italy: a manifesto from companies and associations

-Why is the US removing military assets from Saudi Arabia?

Washington’s decision to pull out Patriot missile batteries from Saudi Arabia has made the kingdom’s leadership nervous.

The United States is removing its Patriot missile defence system and other weapons from Saudi Arabia.

President Donald Trump said the move is part of an effort to scale back on a military presence that he says does not benefit the US.

US weapons and fighter jets were sent to the kingdom last year after Saudi Aramco oil facilities were attacked.

They were also intended as a deterrent as tensions rose between the US and Iran.

-Why is the US removing military assets from Saudi Arabia?

-Diverged nylon market finally converged in Apr

In just two thirds of April 2020, nylon market has undergone two major waves, during which, the development of nylon 6 semi-dull high-speed spinning chip (hereinafter referred as HS chip) and bright conventional spinning chips (hereinafter referred as CS chip) are completely different.

  1. In early April, a round of intensive bottom hunting in nylon 6 CS chip market had driven prices higher quickly. And in the process of rapid rise, there were still buying orders that continued to chase highs. CS chip market rose sharply all the way, up by 1,500yuan/mt in just 10 days. Following this, CS chip plants replenished CPL spot aggressively, pushing up CPL spot substantially as well.
  2. In early April, under the favorable support of the soaring crude oil and CS chip prices, the spot and contract CPL prices gradually increased. Due to cost pressures, sellers also increased semi-dull HS chip prices appropriately. But downstream buyers followed up slowly. Since the uptrend almost ended around Apr 12, spot CPL market also slowed down rising up.

Diverged nylon market finally converged in Apr

Petrochemicals Biobased Synthetic Fabric

Petrochemicals Automotive Polymer 09-05-2020

Petrochemicals Automotive Polymer 09-05-2020

Petrochemicals Automotive Polymer

-Covestro, Teknor Apex combine to make new TPU compounds

Materials firms Covestro AG and Teknor Apex Co. will work together on new thermoplastic polyurethane (TPU) compounds.

Covestro of Leverkusen, Germany, and Pawtucket, R.I.-based Teknor both have worked with TPU for many years, with Covestro making the resin and Teknor producing compounds. Officials said in a news release that formulating and compounding can create an additional value proposition.

“Together with Teknor Apex, we want to develop customized products to grow together with our existing and new customers,” Thorsten Dreier, Covestro global TPU business head, said in the release.

Petrochemicals Automotive Polymer

-Coronavirus pushes German manufacturers to their limit

Dr Martin Engelmann: ‘The manufacturers of packaging for food are working under high pressure’

Demand for food, pharmaceutical and medical products needed to tackle the coronavirus pandemic is pushing some plastics packaging manufacturers to their limit, a survey by the German association for plastics packaging and films has found.

But while some German manufacturers of “system-relevant” packaging for food, pharmaceutical and medical products were reaching capacity, suppliers to the automotive industry in particular had experienced a considerable drop in demand, the survey by IK Industrievereinigung Kunststoffverpackungen revealed.

Petrochemicals Automotive Polymer

-Alpla doubles rPET capacity in Poland

Starlinger supplies extrusion line to Austrian packaging firm’s rPET plant in Radomsko, Poland.

Austria-based Alpla has announced that a new rPET extrusion system will be going into operation in early May 2020 at its polyethylene terephthalate (PET) recycling plant in Radomsko, Poland. The plant’s capacity to produce rPET regrind material will be doubled from 15,000 to 30,000 metric tons per year, says the firm.

A blog post by Alpla Head of Recycling Georg Lässer says the investment ties into the company’s signing of the New Plastics Economy Global Commitment in 2018.  That initiative of the Ellen MacArthur Foundation “commits us to investing a total of €50 million ($54 million) in pursuit of this aim,” writes Lässer.

Petrochemicals Automotive Polymer

-Eurozone construction output slumps in April, sentiment collapses

Output in the chemicals-intensive construction sector across the eurozone collapsed in April as coronavirus-led lockdowns dampened logistics and sentiment, analysts at IHS Markit said on Thursday.

The Eurozone Construction PMI index for April fell to 15.1 points, down sharply from the March reading of 33.5 points.

A reading below 50.0 points shows economic contraction.

“[The data is] signalling an unprecedented month-to-month decline in construction activity across the eurozone,” said the analysts.

Petrochemicals Automotive Polymer

-Heimtextil 2021 now more than 95% booked

Home textiles trade fair will offer numerous events

Frankfurt, Germany – Despite disruption from the current coronavirus crisis, exhibitor registrations for next year’s Heimtextil expo are running strong.

The 2021 international home and contract textiles trade fair, which will take place Jan. 12-15, is now more than 95% of the space occupied in the 2020 fair has now been booked. The most recent event hosted 2,918 exhibitors from 64 countries.

Petrochemicals Automotive Polymer

-Why PepsiCo, L’Oreal and Nestle are banking on this French plastics recycling startup

That little recycling symbol on the bottom of a soda or shampoo bottle has a dirty secret. There’s only a 30 percent chance the PET plastic in the bottle will get turned into a new plastic product, and the chance it will become another soda or shampoo bottle is almost zero.

The French startup, Carbios, hopes to change that with a new enzyme — one that could usher in an entirely new way to recycle plastic, one that actually lives up to the arrows of the symbol.

As packaging professionals are well aware, most current recycling technology, which is thermo-mechanical in nature, reuses plastic by melting it and then reforming it into new products.

Why PepsiCo, L’Oreal and Nestle are banking on this French plastics recycling startup

-Esterform to meet PET preform demand with bank loan

A UK supplier of PET preforms and containers plans to fulfil growing demand in the food and drink sector after securing a £26 million ($32m) loan from Shawbrook Bank.

Esterform Packaging, which has factories in Worcestershire and Leeds, said it had experienced a “substantial” increase in demand for preform packaging.

The company said the funds would allow it to refinance its debt, improve efficiencies and continue to invest in rPET production. Esterform opened a rPET facility in 2019.

Despite already claiming to be the UK’s largest independent producer of PET bottles and containers, Esterform managing director Mark Tyne said it was time for the company to “ramp up” manufacturing.

Esterform to meet PET preform demand with bank loan

-Biodegradable Plastics Startup RWDC Raises US$133 Million

RWDC Industries Ltd will use the US$133 million series B funding to expand the production capacity by building a new facility in Athens, Georgia.

RWDC Industries Limited, a Singapore-based biotech start-up hoping to solve the world’s single-use plastic crisis, has secured US$133 million in Series B funding. “RWDC was founded by myself and [CEO] Dr. Daniel Carraway in 2015,” shared executive chairman Mr. Roland Wee. “After meeting, Carraway and I realized our shared vision of improving people’s lives while also lessening our impact on the environment.”

They decided to pursue their passion by providing safe, sustainable alternatives for single-use petroleum-based plastics. Specifically, RWDC develops innovative and cost-effective biopolymer material solutions—including polyhydroxyalkanoates or PHAs. PHAs are naturally produced by microbial fermentation of plant-based oils or sugar and are recognized as the only commercially viable biodegradable bioplastic.

Biodegradable Plastics Startup RWDC Raises US$133 Million

-Italy : Complastic Srl and Negri Bossi join forces to produce glasses and facial shields

Complastic Srl and Negri Bossi have collaborated to produce glasses and facial shields to face COVID‐19.

In the Italian scenario, many companies are converting part of their production into devices to deal with the emergency and continuing to develop projects for the community that can improve situations of coexistence with Coronavirus.

Negri Bossi who since April 9, 2020 has been using two injection machines to produce masks for

the community through the help of the Lombard Civil Protection to counter the spread of COVID‐19.

With a strong know‐how in the plastic moulding sector, Complastic Srl is developing a project to produce glasses and a face shields due to an injection moulding machine delivered by Negri Bossi to the company in record time.

Italy : Complastic Srl and Negri Bossi join forces to produce glasses and facial shields

-When Fashion Meets Technology

Nanotechnology has helped revolutionise the concept of smart textiles with various offerings in terms of performance, comfortability, cleanliness and current needs. The market for nanotechnology-infused textiles has risen rapidly from $20.3 billion in 2008 and is projected to reach $205 billion by 2022, representing 16 per cent of the global textile industry by value.

Fashion and technology are inevitably a blend of art with each comprising its own advancements and developments. When Malaysian company NanoTextile launched the themes ‘When Fashion Meets Technology’ and ‘When Mighty Meets Nano’ in 2019, fashion companies were quick to pick up on the latest trends. It was the year when we realised that the fashionista and technologist have to collaborate more. NanoTextile did just that by expanding to everything from clothes and business models to innovations in functional products, technical offerings and production. Though clothing is a commodity industry, its future will be about more than just merely covering our bodies.

When Fashion Meets Technology

Petrochemicals Automotive Polymer

Petrochemicals Graphene BioPackaging 08-05-2020

May European ethylene contract price drops

May European ethylene contract

May European ethylene contract price drops by EUR100 per tonne

May European ethylene contract

MOSCOW – The contract price of ethylene in Europe for May deliveries was finally agreed at EUR620 per tonne, which is EUR100 per tonne lower than the level of the previous month, ICIS reported.  May European ethylene contract

The contract price was approved on the terms of FD NWE (with delivery to North-West Europe).

This contract price was directly confirmed by two manufacturers and four consumers of the material, which is the minimum necessary configuration for approving the contract price of propylene.

At the same time, confirmation of the May contract price of ethylene is expected from three more manufacturers. May European ethylene contract

This is the lowest monthly contract price of ethylene since February 2009. Over the past three months, the contract price of ethylene fell by EUR350 per tonne due to the coronavirus pandemic, which affects raw materials prices in the upstream market and demand in the downstream market.

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

According to the ICIS-MRC Price Review , last week in Russia, price discussions on May deliveries of PE started, in most cases, sellers announce prices lower. The only exceptions are the prices of high pressure polyethylene (LDPE) of individual sellers.

mrcplast.ru

Author: Margarita Volkova

 

Petrochemicals Textile Graphene BioPackaging 08-05-2020

ZPC uses TechnipFMC technology to start up ethylene plant

Petrochemicals Graphene BioPackaging 08-05-2020

Petrochemicals Graphene BioPackaging

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Green Plains calls for strategic restarts from US fuel ethanol producers

US Green Plains executives called for restraint when restarting ethanol plants, asking producers to be smart when they bring plants back online, as consistent oversupply has been an historic issue for fuel ethanol markets.

“This is an industry that is renowned for bringing it all back up very fast”, they said.

While some plants have announced longer shutdowns, others are in what is called a ‘warm’ shutdown, wherein a plant can be up and operating within a week.

Around 20% of the shuttered ethanol plants are in a cold shutdown. It will take around six weeks to get one of these plants back online, according to Green Plains.

Petrochemicals Graphene BioPackaging

-European automotive sector plans recovery

The European automotive sector has proposed a plan to help restart the crippled industry after Covid-19 lockdown restrictions are eased, following closures amid the pandemic and new car sales all but vanishing in April   Petrochemicals Graphene BioPackaging

EU-wide production losses since mid March, as a result of automotive factory shutdowns, have reached 2.3mn vehicles, according to the European Automobile Manufacturers’ Association (ACEA).

New car sales have also fallen drastically. The UK automotive market in April experienced its worst ever month as the pandemic closed showrooms and dealerships across the country, causing new car sales to fall by 97.3pc on the year. New car sales in France fell by 88.8pc on the year in April and the Italian market fell by 97.5pc from last year.

Petrochemicals Graphene BioPackaging

-Chemours TiO2 capacity expansions to be stretched out on capex cuts – CEO

Chemours will stretch the timing of its titanium dioxide (TiO2) capacity expansions toward 2021-2022, as it cuts capital spending (capex) on growth projects in 2020, said Mark Vergnano, CEO of Chemours, in an interview with ICIS on Wednesday.

“We’re probably going to be stretching that out a little longer…as we slow those down a bit. We’ll see how long that delay will be, depending on what we see from a demand perspective, and how the year plays out. Those can be restarted at any time”, said Vergnano. Petrochemicals Graphene BioPackaging

Petrochemicals Graphene BioPackaging

-EU forecasts 7.4pc GDP contraction in 2020

The EU and eurozone economies will contract at record rates this year, according to the latest projection from the European Commission.

It sees real gross domestic product (GDP) in the EU27 contracting by 7.4pc. For the eurozone this contraction is 7.7pc, broadly in line with the most recent forecast from the IMF. Petrochemicals Graphene BioPackaging

The commission then sees inflation-adjusted EU GDP growth of 6.1pc in 2021

The commission noted variations across the EU27 because of the degrees to which the Covid-19 pandemic has affected different countries and because of the relative strengths and weaknesses of member states’ economies. Greece (-9.7pc), Italy (-9.5.pc) and Spain (-9.4pc) perform worse than Austria (-5.5pc) and Poland (-4.3pc). It said the EU’s largest economy, Germany, faces a 6.5pc GDP cut, and France faces an 8.2pc cut.

Petrochemicals Graphene BioPackaging

-Selenis polyesters on the rise in protective equipment

Materials maker Selenis is seeing a rise in imports of its specialty polyesters from Europe to the U.S. for uses related to fighting the spread of COVID-19.

Glycol-modified PET (PETG) and other specialty polyester resins made by Selenis are imported to the U.S. from production sites in Portugal and Italy. The materials then are used in applications including medical face shields, retail protective barriers and hand sanitizer labels, U.S. business development manager Scott Sergel said in a May 5 interview with Plastics News.Petrochemicals Graphene BioPackaging

Heavy-gauge sheet made from Selenis materials is used in point-of-sale protective barriers, while thin-gauge sheet is used in face shields, he added. Shrink-sleeve labels on bottles of hand sanitizer also use Selenis materials.

Petrochemicals Graphene BioPackaging

-Low virgin plastics pricing pinches recycling market further

The coronavirus pandemic has piled on top of existing plastics recycling market strife to cause pricing fluctuations and create uncertainty about how end users will meet their sustainability commitments. Petrochemicals Graphene BioPackaging

Recycling markets for nearly all materials have been challenged for the past few years due to shifts in overseas demand. Additional pressure has come from tariffs on recycled materials and other goods, as well as ongoing strife in the freight market.

Now, the coronavirus pandemic has added health and safety concerns, employment shortages and a general slowdown in manufacturing.

“It’s every possible challenge you could imagine,” said Joe Pickard, chief economist for the Institute of Scrap Recycling Industries (ISRI), in a webinar hosted by several recycling stakeholder groups last week. He said that the current situation may represent the most difficult time many recycling companies have ever faced.

Low virgin plastics pricing pinches recycling market further

-Cement additive producer turns focus to plastic waste

A Florida company is working to commercialize a process that uses low-value scrap plastic as fuel in cement production.

Maitland, Fla.-headquartered Cement Lock wants to source hard-to-recycle plastics as a fuel for a cement admixture. The company aims to commercialize with facilities around the country, and under the company’s plan, each would have two kilns capable of consuming 100 tons per day of plastic, said Al Hendricks, CEO of Cement Lock. The company does not yet have any commercial-scale sites operating. Petrochemicals Graphene BioPackaging

Hendricks and his partners in the company in 2007 purchased the technology, which was originally developed to use sediment from Superfund sites as its feedstock. More recently, however, the company began exploring additional feedstocks.

“Over the last 18 months, I shifted my focus into plastic recycling,” Hendricks said in an interview. “We can take that same material nobody else wants, we can chip it or shred it, and use it as fuel to feed our kilns.”

Cement additive producer turns focus to plastic waste

-May European ethylene contract price drops by EUR100 per tonne

The contract price of ethylene in Europe for May deliveries was finally agreed at EUR620 per tonne, which is EUR100 per tonne lower than the level of the previous month, ICIS reported.

The contract price was approved on the terms of FD NWE (with delivery to North-West Europe).

This contract price was directly confirmed by two manufacturers and four consumers of the material, which is the minimum necessary configuration for approving the contract price of propylene.

At the same time, confirmation of the May contract price of ethylene is expected from three more manufacturers. Petrochemicals Graphene BioPackaging

May European ethylene contract price drops by EUR100 per tonne

-Covid-19 triggers sharp German manufacturing decline

German industrial production plummeted in March and was expected to have kept falling in April because of Covid-19, the economy ministry said.

Manufacturing output had picked up in January-February (see manufacturing demand graph).  Petrochemicals Graphene BioPackaging

But March’s seasonally and working-day adjusted output fell by 11.6pc from February and was the lowest for the month since at least 2015.

January-February output had climbed by 2.3pc from November-December, the ministry said previously, and had been on track to recover from an industrial recession.

Covid-19 triggers sharp German manufacturing decline

-China’s PE, PP inventories increase

Chinese polypropylene (PP) and polyethylene (PE) inventories held by key state-controlled producers Sinopec and PetroChina were 935,000t today, up by 140,000t from a week earlier.

The inventories remain high compared with typical levels of around 700,000t.

But despite the rise in stocks, polymer prices continued to rebound after the 1-5 May labour holiday in China.  Petrochemicals Graphene BioPackaging

China’s PE, PP inventories increase

Petrochemicals Textile Graphene BioPackaging

Petrochemicals Textile Graphene Packaging 07-05-2020

Petrochemicals Textile Graphene Packaging 07-05-2020

Petrochemicals Textile Graphene Packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-New graphene biosensor can detect SARS-CoV-2 in under a minute

Korean researchers have developed a graphene-based field-effect transistor-based biosensor that detects SARS-CoV-2 in nasopharyngeal swabs from patients with COVID-19, in less than one minute.

Covid-19 detection using graphene biosensor image

Currently, most diagnostic tests for COVID-19 rely on a technique called real-time reverse transcription-polymerase chain reaction (RT-PCR), which amplifies SARS-CoV-2 RNA from patient swabs so that tiny amounts of the virus can be detected. However, the method takes at least 3 hours, including a step to prepare the viral RNA for analysis. Edmond Changkyun Park, Seung Il Kim and colleagues wanted to develop a faster diagnostic test that could analyze patient samples directly from a tube of buffer containing the swabs, without any sample preparation steps.

Petrochemicals Textile Preforms Packaging

-Talga and Bentley Motors to develop graphene-enhanced motor parts

Talga Resources, battery anode and graphene additives developer, has announced that it has been approved for Innovate UK co-funding to support development of an e-axle designed for Bentley Motors. Petrochemicals Textile Graphene Packaging

The OCTOPUS project aims to deliver the ultimate single unit e-axle solution designed specifically to meet Bentley Motors performance specifications via optimized motor and power electronics technology and materials. The project is funded under the Office for Low Emission Vehicles’ and Innovate UK’s “IDP15: The Road to Zero Emission Vehicles” competition.

Under the project Talga will develop and provide graphene materials for the high performance electric motor windings to deliver an aluminium-based solution aimed at outperforming, and ultimately replacing, the copper windings currently used.

Petrochemicals Textile Preforms Packaging

-Exclusive: Nissan to retrench further in new plan to focus on U.S., Japan, China

Nissan Motor Co Ltd will pull back from Europe and elsewhere to focus on the United States, China and Japan under a plan that represents a new strategic direction for the embattled carmaker, people with direct knowledge of the plan told Reuters.

The “operational performance plan” is due to be announced on May 28 and goes beyond fixing problems from ousted leader Carlos Ghosn’s aggressive expansion drive, the people said. Petrochemicals Textile Graphene Packaging

Pursuit of market share, particularly in the United States, led to steep discounting and a cheapened brand. Under the new, three-year plan – reported here for the first time – Nissan aims to restore dealer ties and refresh lineups to regain pricing power and profitability, the people told Reuters.

Petrochemicals Textile Preforms Packaging

-Mondi and RB partnership results in great Finish: BarrierPack Recyclable provides sustainable solution for dishwasher tablet packaging

Mondi has partnered with Reckitt Benckiser Group to launch a fully recyclable, mono-material flexible plastic packaging portfolio for the premium line of its Finish dishwasher tablets Quantum Ultimate. Petrochemicals Textile Graphene Packaging

This product line had previously used a multilayer, PET/PE laminate pouch construction that was not recyclable. With RB’s commitment that 100% of its plastic packaging must be reusable or recyclable by 2025 that had to change. RB has a “4 R” approach to using plastics –– reduce, reuse, replace, recycle.

“Following Mondi’s customer-centric EcoSolutions approach, we worked closely with RB to find the best solution and make this product fully recyclable without sacrificing the high-end look, feel and performance,” said Olivier Seux, Global Key Account Manager, Mondi Consumer Flexibles. “We asked questions about the entire process and tailored various aspects to meet the customer’s precise needs.”

Petrochemicals Textile Preforms Packaging

-Addressing the plastics problem

Sustainability must be fully incorporated into material design

To the general public, the plastic problem is all about disposable single-use packaging. We are exhorted to use fewer plastic carrier bags, and products are sold as eco-friendly on the basis that they are packaged in paper, glass or steel – a sometimes questionable claim. But it’s essential to realise that demonising polymers and plastics is not the solution. They are more than simply packaging. Petrochemicals Textile Graphene Packaging

Petrochemicals Textile Preforms Packaging

-RadiciGroup : Protective face shields: 1,000 kits for Bergamo medics

RadiciGroup and Rimplast provide the materials and technology for injection moulding of visor frames. Project coordinators: Mille Respiri and FabLab

Injection moulding as an alternative to 3D printing for a quicker response to health worker protection needs: this was RadiciGroup’s objective in donating its polyamide 6 material for the production of 3,000 frames for protective visor face shields for medics. The frames were moulded at Rimplast, another Bergamo company, which immediately made available its plastic moulding technology and specialists. Petrochemicals Textile Graphene Packaging

The initiative was started as a follow-up to a project carried out by the young members of the Interact Bergamo club, who, during the last few weeks, made 300 protective visor shields in collaboration with FabLab (3D digital printing lab at the professional training association Patronato San Vincenzo in Bergamo). Using 3D-printing technology, the teenagers produced frames and attached them to PVC sheets to make visor face shields for extra protection (to be used in addition to, not as a replacement for certified PPE) for any workers who may come into contact with potential carriers of Covid-19.

-RadiciGroup : Protective face shields: 1,000 kits for Bergamo medics

-Michelin invests in Canadian styrene recycler

Michelin’s commitment to sustainable technologies took another step forward with the tire maker’s recent investment in Canadian plastics recycling company Pyrowave.

Michelin is part of an investment team that also includes European life sciences venture capital firm Sofinnova Partners. Petrochemicals Textile Graphene Packaging

Monteal-based Pyrowave said it has developed a microwave-based chemical recycling technology that can recover recycled styrene monomer from plastic waste. The styrene monomer can be integrated in the production of synthetic rubber.

Details about the investment were not disclosed, but Pyrowave said the move was “the first step” toward bringing the modular technology to market and scale-up.

Michelin invests in Canadian styrene recycler

-Dow and Doxa Plast Partner on Bioplastics

Bio-based stretch films address brand owners’ increasing demand for renewable plastics that reduce carbon footprint without compromising performance.

Dow and stretch film manufacturer Doxa Plast together announce the commercialization of a family of bio-based high-performance stretch films aimed at addressing the increasing demand for more sustainable solutions that use alternative renewable feedstocks helping to reduce carbon footprint. Petrochemicals Textile Graphene Packaging

Reborn, the new range of stretch films by Doxa Plast, integrates Dow’s bio-based linear low-density polyethylene, ELITE™ 5230GC R Enhanced Polyethylene Resin, which is produced from renewable feedstock.

The feedstock comes from residues of paper production from sustainably managed forests in Finland.

Dow and Doxa Plast Partner on Bioplastics

-UK’s leading plastics show announces postponement to 2021

Rapid News Group, organiser of Interplas, the UK’s leading trade show for the plastics industry, has announced the postponement of the event to 2021.

Originally scheduled for 29 September – 01 October 2020, the event will now take place from 29 June – 01 July 2021.  Petrochemicals Textile Graphene Packaging

The location of the event, at the NEC, Birmingham, UK, will not be affected by the change and the event will continue to take place in Halls 4 and 3A.

The decision to postpone the event comes as a result of the unprecedented times the plastics industry finds itself in as a result of the global Coronavirus pandemic.

UK’s leading plastics show announces postponement to 2021

-Stora Enso launches B2B marketplace for renewable packaging

Stora Enso has launched Box Inc, a digital B2B marketplace for corrugated packaging made of renewable materials.

Box Inc is a new platform business designed to help companies source packaging easily online, while enabling suppliers to access new customers without having to create their own digital presence.Petrochemicals Textile Graphene Packaging

Box Inc has launched in Germany, the largest European market for corrugated packaging, with plans to expand to other markets in Europe.

The company aims to make it easier for brands and companies to buy packaging that is low-carbon, renewable, plastic-free and widely recycled.

Stora Enso launches B2B marketplace for renewable packaging

Petrochemicals Textile Graphene Packaging

Petrochemicals Car Preforms Packaging 06-05-2020

Petrochemicals Car Preforms Packaging 06-05-2020

Petrochemicals Car Preforms Packaging

Petrochemical Polymers Chemical MEG Trend

Petrochemicals Car Preforms Packaging

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Samsung and Hyundai Investing in Solid-State Battery Producer

Solid Power will use funding to complete manufacturing site.

Solid Power Inc., a Colorado-based maker of solid-state battery cells for cars and aircraft, arranged $20 million in financing to complete a manufacturing facility.

Investors in the Series A funding round include Sanoh Industrial Co. and the venture capital units of Hyundai Motor Co., Samsung Electronics Co. and Solvay SA, according to a statement Monday. It comes about nine months after Solid Power announced a deal with BMW AG to develop solid-state batteries for electric vehicles.

Petrochemicals Car Preforms Packaging

-North American manufacturers plan for reopening production in stages

North American manufacturers are making plans to reopen in phases, with the help of guidelines from industry associations, as restrictions on nonessential business begin to ease in some states and cities.

North Tonawanda, N.Y.-based blow molder and swimming pool accessory manufacturer Confer Plastics Inc. is starting up new essential production lines starting May 4. The move will bring back 36 of 165 employees laid off in a temporary shutdown following the state’s Gov. Andrew Cuomo’s suggestion in mid-March that businesses shut down to decrease the spread of the coronavirus. Petrochemicals Car Preforms Packaging

Petrochemicals Car Preforms Packaging

-Ascend announces new agreement for European distribution of PA66 resins

Ascend Performance Materials, the world’s largest fully integrated producer of polyamide 66 resins, has announced an agreement with thermoplastics distributor Resinex for the distribution of its Vydyne PA66 resins.

Resinex, a pan-European distribution company, will supply customers in Germany, Austria, Switzerland, Benelux, Nordic countries, UK, Ireland, France, East Central Europe, Russia, Turkey and South Africa as an official representative of Ascend.

“Customers using Vydyne often require specialised, highly technical products,” said Christelle Staller, Ascend’s European sales director. Petrochemicals Car Preforms Packaging

Petrochemicals Car Preforms Packaging

-DOMO and Ultrapolymers extend pan-European distribution partnership to include all Technyl solutions

DOMO and Ultrapolymers extend pan-European distribution partnership to include all Technyl solutions

DOMO Chemicals and Ultrapolymers have announced a new European distribution partnership that will include all ‘Technyl’ material solutions.

The move comes following acquisition of Solvay’s European Performance Polyamides Business (Polytechnyl) by DOMO, which initiated a change in the distribution structure of Technyl products.

From May 1, 2020, in addition to offering DOMO’s historical range of products, Ultrapolymers will operate as the pan-European distributor for the company’s Technyl range.  Petrochemicals Car Preforms Packaging

Petrochemicals Car Preforms Packaging

-Recovery of German industry to be slow and uneven

The recovery of Germany’s industrial demand from the Covid-19 pandemic is expected to be slow and unevenly split across different sectors. Petrochemicals Car Preforms Packaging

It is expected to take a year for German manufacturing demand to reach its pre-lockdown levels, the Institute for Economic Research (IFO) has said.

All sectors are expected to begin to recover from the third quarter. But the increase will not be enough to offset the decline in the first half of the year, the IFO said.

Petrochemicals Car Preforms Packaging

-Hopes for a revival of peak PET summer sales in Europe evaporate

Demand for polyethylene terephthalate (PET) soared in Europe in the first quarter, but come May and buyers’ appetite is subsiding as end users work through their PET-packaged food, water, hygiene and cleaning related stocks.

This is perhaps the reason why buyers are not bulk buying as much as they did when the lockdowns across Europe began. Petrochemicals Car Preforms Packaging

“Demand is beginning to calm down,” a producer said.

He added that while there are pros and cons to what lies ahead for the summer, the EU is likely to register a decrease in the PET market of around 5% year on year.

The question is whether or not demand will reignite with this summer’s potential relaxation of lockdowns.

Hopes for a revival of peak PET summer sales in Europe evaporate

-ALPLA expands PET recycling plant in Poland

A new rPET extrusion system will be going into operation in early May 2020 at the recycling plant PET Recycling Team in Radomsko (Poland). As a result, the capacity for rPET (PET regrind material) will be doubled from 15,000 to 30,000 tonnes per annum. In this blog post, Georg Lässer, Head of Recycling at ALPLA, will be explaining this new development and more. Petrochemicals Car Preforms Packaging

‘A key target is the expansion of recycling activities by 2025.’ Anyone who follows ALPLA on any of the company’s various channels is bound to have read or heard this sentence several times recently. At the end of 2018, we signed the New Plastics Economy Global Commitment – an initiative of the Ellen MacArthur Foundation – which, amongst other things, commits us to investing a total of 50 million euros in pursuit of this aim.

ALPLA expands PET recycling plant in Poland

-First-Quarter 2020 Results

Oerlikon Implements Comprehensive Actions to Navigate Current COVID-19 Pandemic

The COVID-19 pandemic has impacted the world economy, businesses and daily lives in an unprecedented manner. Oerlikon has taken actions to protect employees while maintaining business continuity.

Oerlikon continued to have a very robust capital structure with a strong cash position and an unlevered balance sheet and is executing an action plan to preserve cash and reduce costs in all businesses. Petrochemicals Car Preforms Packaging

Q1 Group order intake, sales and EBITDA were negatively impacted by the COVID-19 pandemic due to the extended shutdowns in China and the beginning of lockdowns in Europe.

-First-Quarter 2020 Results

-VIDEO: Europe MEG market remains oversupplied as prices hit historic lows

European monoethylene glycol (MEG) prices have reached historic lows and May, set to be a challenging month as oversupply and weak demand continues. Have prices bottomed out? Petrochemicals Car Preforms Packaging

MEG truck prices at record lows

European bulk prices lowest globally

MEG May contract drops €67/tonne

VIDEO: Europe MEG market remains oversupplied as prices hit historic lows

-Europe PE sellers look to widen monomer-polymer spread in May

At the end of April, the spread between the ethylene contract and net polyethylene (PE) prices in Europe was at its widest since the beginning of 2018.

In May, sellers will be separately looking to widen this further.

Discussions this month have only just begun; strong demand remains in some contracted sectors, particularly food and consumer, hygiene packaging and medical supplies.

When the European ethylene April contract fell by €200/tonne, suppliers in freely-negotiated contracted business were able to improve the PE-ethylene spread by around €100/tonne.  Petrochemicals Car Preforms Packaging

Now that the May ethylene contract has settled with a drop of €100 /tonne, there have been early offers for freely-negotiated accounts emerging at a variety of discounts.

Europe PE sellers look to widen monomer-polymer spread in May

Petrochemicals Car Preforms Packaging

Petrochemicals PET Preforms Packaging 05-05-2020

Petrochemical Polymers Chemical MEG Trend

Petrochemical Polymers Chemical MEG

Petrochemical Polymers Chemical MEG

Polyestertime
ITEM27/04/202006/05/2020+/-
Bottle grade PET chips domestic market5,275 yuan/ton5,400 yuan/ton+125
Bottle grade PET chips export market665 $/ton670 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Chemical MEG

4,350 yuan/ton4,600 yuan/ton+250
Filament grade Bright chips domestic market4,450 yuan/ton4,700 yuan/ton+250
Pure Terephthalic Acid PTA domestic market3,090 yuan/ton3,335yuan/ton+245
Pure Terephthalic Acid PTA export market
380 $/ton410 $/ton+30
Monoethyleneglycol MEG domestic market3,270 yuan/ton3,525 yuan/ton+255
Monoethyleneglycol MEG export market388 $/ton415 $/ton-+27
Paraxylene PX FOB  Taiwan market463 $/ton482 $/ton+19
Paraxylene PX FOB  Korea market445 $/ton464 $/ton+19
Paraxylene PX FOB EU market

Petrochemical Polymers Chemical MEG

313 $/ton362$/ton+49
Polyester filament POY 150D/48F domestic market4,720 yuan/ton5,450 yuan/ton
+730
Recycled Polyester filament POY  domestic market4,900 yuan/ton5,300 yuan/ton+400
Polyester filament DTY 150D/48 F domestic market6,600 yuan/ton7,000 yuan/ton+400
Polyester filament FDY 68D24F domestic market 6,150 yuan/ton6,650 yuan/ton+500
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Chemical MEG
5,500 yuan/ton6,000 yuan/ton+500
Polyester staple fiber 1.4D 38mm domestic market5,650 yuan/ton5,800 yuan/ton+150
Caprolactam CPL domestic market8,500 yuan/ton8,650 yuan/ton
+150
Caprolactam CPL overseas  market970 $/ton970 $/ton
Nylon6 chips overseas  market1,350 $/ton1,230 $/ton-120
Nylon6 chips conventional spinning domestic  market9,400 yuan/ton9,600 yuan/ton+200
Nylon6 chips  high speed spinning domestic  market9,600yuan/ton9,500 yuan/ton-100
Nylon 6.6 chips domestic  market18,900 yuan/ton17,800 yuan/ton-1,100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Chemical MEG

12,700 yuan/ton12,200 yuan/ton-500
Nylon6 Filament DTY 70D/24F domestic  market15,500 yuan/ton15,200 yuan/ton-300
Nylon6 Filament FDY  70D/24F  domestic  market13,500 yuan/ton12,900 yuan/ton-600
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,000 yuan/ton-500
Adipic Acid domestic market5,700 yuan/ton5,900 yuan/ton+200
Benzene domestic market3,050 yuan/ton3,475 yuan/ton+425
Benzene overseas  market332$/ton337 $/ton
+5
Ethylene South East market330 $/ton370 $/ton+40
Ethylene NWE  market318 $/ton282 $/ton-36
Acrylonitrile ACN  domestic market6,300 yuan/ton6,600 yuan/ton+300
Acrylonitrile ACN  overseas market900 $/ton900 $/ton
Acrylic staple fiber ASF  domestic market11,100 yuan/ton11,100 yuan/ton
Viscose Staple Fiber VSF  domestic market8,600 yuan/ton8,600 yuan/ton
PP Powder domestic market7,000 yuan/ton7,200 yuan/ton+200
Naphtha overseas market 

Petrochemical Polymers Chemical MEG

208 $/ton241 $/ton
+33
Phenol domestic market 5,975 yuan/ton6,337 yuan/ton+362
PS Taiwan 5250 GPPS930 $/ton 910 $/ton-20
PS Taiwan 8250 HIPS1,030 $/ton 1,030 $/ton
LDPE CFR Far East 782 $/ton782 $/ton
LLDPE CFR Far East682 $/ton682 $/ton
LDPE   FOB Middle East774 $/ton774 $/ton
LLDPE FOB Middle East674 $/ton674 $/ton
HDPE CFR Far East704 $/ton694 $/ton-10
LDPE FD Northwest Europe 843 €/ton853 €/ton-+10
LLDPE FD Northwest Europe 843 €/ton843 €/ton
Homopolymer PP CFR Far East780 $/ton780 $/ton
Homopolymer PP FD NWE871 €/ton811 €/ton-60

 

Petrochemical Polymers Chemical MEG

Petrochemicals PET Preforms Packaging 05-05-2020

Petrochemicals PET Preforms Packaging

Crude Oil Prices Trend

Crude Oil Prices Trend

-Coronavirus, oil price crash – impact on chemicals

Butadiene (BD) has become the weakest link for cracker operators, as the collapsed automotive sector drags on demand for key derivatives such as styrene butadiene rubber (SBR) for tyre manufacture.

The impact of the coronavirus lockdowns on the oil, gas and chemicals industries’ integrated value chains is radically shifting relationships and profitability.

Petrochemicals PET Preforms Packaging

-Price of PP First to Plunge; PE, PS, PVC, PET Are Next

Coronavirus fallout: Slowing demand, higher resin inventories, low global material prices, plus labor and transportation challenges.

The impact of the coronavirus pandemic looms large over the entire plastics manufacturing chain, with high resin inventories, dropping demand, and record-low global prices of materials and feedstocks.  Petrochemicals PET Preforms Packaging

Commodity resin prices are expected to plunge at least through mid-May. Other challenges include a significant decline in “non-essential” manufacturing production and an anticipated slowdown in some “essential” product manufacturing as a result of overbuying and/or difficulty in keeping enough healthy workers in the plants.

Petrochemicals PET Preforms Packaging

-PolyOne launches new oxygen scavenger for clearer PET

PolyOne has launched a new, non-nylon based, low-haze oxygen scavenger for PET rigid packaging.

ColorMatrix Amosorb 4020G offers up to 50 percent lower haze and reduced impact on the PET recycling stream compared to previous grades, says PolyOne, while maintaining the same reliable active oxygen scavenging performance.

The improved recyclability when using the new grade comes as a result of reduced yellowing by 50 per cent during the mechanical recycling process, beneficial when the material is being recycled multiple times. Petrochemicals PET Preforms Packaging

Petrochemicals PET Preforms Packaging

-ASSESSING THE FALLOUT FROM THE CORONAVIRUS PANDEMIC – PE/PET BI-COMPONENT FIBER MARKET INSIGHTS ON TRENDS, APPLICATION, TYPES AND USERS ANALYSIS 2019-2068

COVID-19 (Coronavirus) pandemic has forced many companies in the PE/PET Bi-component Fiber market to halt their business operations in order comply with the new government rulings. This pause in operations are directly impacting the revenue flow of the PE/PET Bi-component Fiber market. Thus, companies in the PE/PET Bi-component Fiber market can purchase our reports that showcase a fresh analysis of COVID-19 and its repercussions on the market landscape.  Petrochemicals PET Preforms Packaging

This report collated by analysts of marketresearchhub.us on the PE/PET Bi-component Fiber market provides a bird’s eye view of the current proceedings within the PE/PET Bi-component Fiber market. Further, the report highlights the various factors that are likely to impact the overall dynamics of the PE/PET Bi-component Fiber market over the forecast period (20XX-20XX) including the ongoing trends, opportunities, limitations, and more.

Petrochemicals PET Preforms Packaging

-RECOVERY OF CARBON FIBER FROM CARBON FIBER REINFORCED POLYMER WASTE VIA PYROLYSIS

Carbon fibers (CF) are the perfect reinforcement material for polymer composites in high end application industry like aerospace due to their advantages of high strength and low weight. The global demand for CF

is significantly grow at a rate of 9-12% until 2022 [1-2]. This CFRP complex formulation basically includes an epoxy resin, virgin CF and thermoplastic polymer. Currently, in aerospace composite industry, the CF comes pre-impregnated with resin and forms ‘Carbon Prepreg’ to ease the manufacturing processes.    Petrochemicals PET Preforms Packaging

The Carbon Prepreg in rolls condition is machine-cut using a program into plies with suitable dimensions following the general product shape [3].

Petrochemicals PET Preforms Packaging

-Textile units in Coimbatore region get into non-woven fabric production

As the demand for personal protective gear and masks have shot up in the last one month with the spread of COVID-19, some textile units in the region have gone into production of fabrics that are used to stitch the coveralls.

Of the 20 or so companies that produce the fabric that go into making of the coveralls, more than five are in Tamil Nadu, according to industry sources.

According to Gopinath Bala, CEO and Technical Director at SVS Advanced Fabrics, the company was already into technical textiles, manufacturing biodegradable sign board fabrics and roofing fabrics. It has now invested and got into production of PPE fabrics. “We just launched production of three products – fabric for coveralls, cubicle partition fabrics that can be used in hospitals, coveralls with breathable fabric that the police and other healthcare workers on the field can use.”     Petrochemicals PET Preforms Packaging

Petrochemicals PET Preforms Packaging

-Single-use plastics boom amid coronavirus panic

A renewed commitment to hygiene is propping up sales of previously out-of-favour plastics like polystyrene, as consumers relegate environmental priorities while trying to stay clear of the coronavirus.

For a plastics industry that’s grappling with a drop in demand for household goods and cars, the resurgence is a welcome break. Germany’s Ineos Styrolution and US-based Trinseo SA are both seeing double-digit percentage sales increases in the food packaging and health-care industries.     Petrochemicals PET Preforms Packaging

Single-use plastics boom amid coronavirus panic

-Pakistan textile exporters get new orders

KARACHI: Pakistan’s exports may not suffer so badly, but moderately as textile manufacturers – the country’s single largest export industry – have reported receipt of new buying orders from different countries after the world slowly softened lockdown imposed to contain the coronavirus pandemic.     Petrochemicals PET Preforms Packaging

“A significant development has taken place (in the textile export sector of Pakistan). We have received new export orders for those textile products which are mainly used in hospitals like white bed-sheets, white gowns and white t-shirts,” All Pakistan Textile Mills Association (Aptma) former vice-chairman Asif Inam confirmed to The Express Tribune.

Pakistan textile exporters get new orders

-USA in collapse due to coronavirus?

United States (USA) It’s in crisis. It is undeniable that the coronavirus pandemic has hit capitalism, its economic-political system, to the core. Is it a process that will lead to collapse? The odds are high.

However, to talk about collapse We must understand that it is characterized by its irreversibility.    Petrochemicals PET Preforms Packaging

It is impossible to stop, and the discussion is about the capacity of capitalism to renew itself and succeed in the face of this deadly stab.

USA in collapse due to coronavirus?

-Chemical Recycling Alliance Is Now the Advanced Recycling Alliance for Plastics

The American Chemistry Council’s (ACC) Chemical Recycling Alliance has changed its name to the Advanced Recycling Alliance for Plastics (ARAP) to reflect its growing membership and variety of advanced recycling technologies represented.    Petrochemicals PET Preforms Packaging

ARAP also announced three new members: GreenMantra Technologies, Chevron Phillips Chemical, and Ravago Recycling Group. ARAP says the organization is “at the forefront” in representing the rapidly growing advanced recycling and recovery sector for plastics.

Chemical Recycling Alliance Is Now the Advanced Recycling Alliance for Plastics

Petrochemicals PET Preforms Packaging

Petrochemicals PET Preforms Bottles 04-05-2020

Major Paraxylene Manufacturers Asia Contract Prices

Major Paraxylene Manufacturers Asia

Major Paraxylene Manufacturers in Asia Nominate May Contract Prices at USD550-650 Per Ton

Major Paraxylene Manufacturers Asia

MOSCOW  – Major Asian paraxylene producers announced their contract prices for May supplies at USD550-650 per ton, market sources told ICIS .

This May contract price level is USD30-50 per tonne below the April price level – USD600-680 per tonne, CFR Asia.

So, Japanese JXTG Nippon Oil & Energy and South Korean S-Oil announced their May paraxylene contract prices at USD650 per tonne, CFR Asia, while South Korean SK Global Chemical (SKGC) nominated its price at USD570 per tonne, CFR Asia, and Japanese Idemitsu Kosan – at the level of USD580 per tonne, CFR Asia. Major Paraxylene Manufacturers Asia

At the same time, the US ExxonMobil announced its price for the supply of material next month at the level of USD550 per tonne, CFR Asia, as well as the Indian Reliance.

Negotiations on May contract prices are expected to be completed on April 30.

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

According to the ICIS-MRC Price Survey , prices for bottled PET by Chinese manufacturers, including delivery to the Vostochny port last week, ranged from USD675-705 per tonne.

mrcplast.ru

Author: Margarita Volkova

SIBUR packaging medical solutions PVD brands

SIBUR packaging medical solutions

SIBUR has developed PVD brands for packaging medical solutions

SIBUR packaging medical solutions

MOSCOW – The SIBUR NIOST Research Center has developed new brands of high pressure polyethylene (LDPE) that can be used in the manufacture of packaging for infusion solutions, the company said.

Traditionally, infusion solutions were manufactured by manufacturing pharmacies and packed in glass containers, however, after the transition to industrial production of infusion solutions in specialized enterprises, the proportion of polymer containers reached 60–70%. The advantages of such containers are its lightness, strength, resistance to negative temperatures, it is convenient to move and store it. SIBUR packaging medical solutions

Polymer containers are chemically inert, and the Blow-Fill-Seal production technology (blow-filling-sealing) provides the highest degree of sterility and protection against counterfeiting.

In 2019, SIBUR, on the basis of the existing LDPE LD03210 FE product solution, developed the special name of the same name for pharmacopoeial use. The new brand was tested by leading manufacturers of Blow-Fill-Seal equipment in Germany and Italy.

It has successfully passed tests in specialized laboratories for compliance with the requirements of the European Pharmacopoeia (EF), which confirmed its impeccable quality and allowed to draw up a declaration of conformity with the requirements of the EF. Currently undergoing large-scale testing of the brand by Russian manufacturers of infusion solutions. SIBUR packaging medical solutions

In 2020, a new improved brand LD03270 BM was developed. It was tested in the laboratory of Intertek in the Netherlands for compliance with the requirements of the European Pharmacopoeia.

In the near future, it is expected that the Declaration of Conformity will be drawn up and testing on the client side. The brand is characterized by increased density and the ability to withstand a higher sterilization temperature.

Sergei Komyshan, a member of the board – Executive Director of SIBUR, comments: “Until now, specialized pharmacopoeial brands of polyethylene have not been produced in Russia. New products developed by SIBUR will replace imported analogues, stimulate the growth of domestic production of polymer containers for infusion solutions and allow our country to depend on import of polymers in this significant medical segment. ”

Both brands of LDPE will be produced at the facilities of the Tomsk site of SIBUR.

Earlier it was reported that SIBUR and Netkanika, one of the largest manufacturers of high-quality non-woven materials, will increase the production of protective medical devices. SIBUR and Netkanika company signed a strategic cooperation agreement aimed at developing the export of polypropylene nonwovens manufactured by Netkanika from polypropylene manufactured by SIBUR. SIBUR packaging medical solutions

According to a ScanPlast review by Market Report, in March the total production of high-pressure polyethylene (LDPE) in Russia grew to 61 thousand tons against 53.7 thousand tons in February, Gazprom Neftekhim Salavat, Kazanorgsintez and Tomskneftekhim increased operating time. Thus, during the period under review, the total production volume of this type of PE amounted to 173.2 thousand tons, which is 3% more than a year earlier.

SIBUR is a vertically integrated gas processing and petrochemical company, operating at 26 production sites located in various regions of the Russian Federation. SIBUR sells products to more than 1.4 thousand consumers in the fuel and energy complex, the automotive industry, construction, production of consumer goods, chemical and other industries in 75 countries of the world. SIBUR packaging medical solutions

NIOST LLC is a scientific center for chemical technology, which has collected more than 150 units of modern laboratory and analytical equipment from leading manufacturers. The pilot plant workshop allows scaling of the developed technological processes. NIOST is a resident of a special economic zone of technology-innovative type.

mrcplast.ru

Author: Anna Larionova

Petrochemicals PET Preforms Bottles 04-05-2020

Petrochemicals PET Preforms Bottles

Petrochemical Polymers Chemical MEG Trend

Petrochemicals PET Preforms Bottles

-Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Jonathan Thompson: COVID kills oil industry – and it may not return

In early January – which seems like a lifetime ago in the age of COVID-19 – President Donald J. Trump crowed about the United States’ new status as a net-exporter of petroleum.

He claimed that the robust American oil industry, freed from the shackles of environmental regulations, had achieved energy dominance and thus liberated the nation from the yoke of Middle Eastern crude. Petrochemicals PET Preforms Bottles

Just weeks later, the novel coronavirus would lay waste to oil markets, forcing Trump to beg Saudi Arabia to step in and save this nation’s beleaguered oil industry.

Jonathan Thompson: COVID kills oil industry – and it may not return

-£26M BOOST FOR PACKAGING COMPANY

A packaging company with operations in Leeds has secured a £26m boost to refinance its debt and increase its manufacturing capacity.

Esterform Packaging Ltd (EPL) hased the multi-facility funding from Shawbrook Bank to meet the growing demand in the food and beverage sector. Petrochemicals PET Preforms Bottles

Founded in Liverpool in 1999, EPL expanded its production facilities and relocated to Tenbury Wells in 2001. EPL set up its own purpose-built preform manufacturing site in Leeds in 2005 and, with additional funding, acquired two further packaging businesses.

Petrochemicals PET Preforms Bottles

-SIBUR has developed PVD brands for packaging medical solutions

The SIBUR NIOST Research Center has developed new brands of high pressure polyethylene (LDPE) that can be used in the manufacture of packaging for infusion solutions, the company said. Petrochemicals PET Preforms Bottles

Traditionally, infusion solutions were manufactured by manufacturing pharmacies and packed in glass containers, however, after the transition to industrial production of infusion solutions in specialized enterprises, the proportion of polymer containers reached 60–70%. The advantages of such containers are its lightness, strength, resistance to negative temperatures, it is convenient to move and store it.

Polymer containers are chemically inert, and the Blow-Fill-Seal production technology (blow-filling-sealing) provides the highest degree of sterility and protection against counterfeiting.

Petrochemicals PET Preforms Bottles

-May European propylene contract price drops by EUR80 per tonne

The contract price for propylene in Europe for May deliveries was finally agreed at EUR570 per tonne, which is EUR80 lower than the previous month, ICIS reported.

The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

This contract price was directly confirmed by three producers and three consumers of the material, which is the necessary configuration for approving the contract price of propylene. Petrochemicals PET Preforms Bottles

Confirmation expected from fourth consumer.

-May European propylene contract price drops by EUR80 per tonne

-Major Paraxylene Manufacturers in Asia Nominate May Contract Prices at USD550-650 Per Ton

Major Asian paraxylene producers announced their contract prices for May supplies at USD550-650 per ton, market sources told ICIS .

This May contract price level is USD30-50 per tonne below the April price level – USD600-680 per tonne, CFR Asia. Petrochemicals PET Preforms Bottles

So, Japanese JXTG Nippon Oil & Energy and South Korean S-Oil announced their May paraxylene contract prices at USD650 per tonne, CFR Asia, while South Korean SK Global Chemical (SKGC) nominated its price at USD570 per tonne, CFR Asia, and Japanese Idemitsu Kosan – at the level of USD580 per tonne, CFR Asia.

Major Paraxylene Manufacturers in Asia Nominate May Contract Prices at USD550-650 Per Ton

-Plastic recycling heading for the mainstream

Nina Notman talks to some of the companies launching chemical recycling technologies for single-use plastics

By 2050, the oceans will contain more plastic by weight than fish – if we don’t change our ways. This was the headline-grabbing conclusion of a 2016 report from the Ellen MacArthur Foundation, a UK environmental charity established by the solo long-distance yachtswoman. Petrochemicals PET Preforms Bottles

The 2017 BBC documentary series Blue Planet II, presented by David Attenborough further turned the tide of public opinion against plastic.

A huge backlash against single-use plastics, in particular, ensued. But turning single-use plastic into public enemy number one is a simplistic response to a very complicated issue. Often plastic is the right material for the job, both logistically and environmentally. We might assume, for example, that if we’ve forgotten our refillable bottle, purchasing a drink in a glass bottle is a sounder environmental choice than one in a plastic bottle.

But their higher weight means glass bottles are more polluting to transport than plastic ones. Then there are the shrink-wrapped cucumbers which have come under scrutiny, when actually this plastic coating extends shelf lives by days thus avoiding food wastage.

Plastic recycling heading for the mainstream

-Report: Trump threatened to cut US military support to Saudi Arabia to secure oil output slash

A dramatic price decline that followed threatened to bring down the US shale oil industry, which operates at a higher profit margin than the Saudi industry; two weeks after the threat OPEC announced it will reduce production

US President Donald Trump leveraged US military assistance to Saudi Arabia to force Riyadh to set up the international deal providing for a large-scale crude output cut, Reuters reported Thursday. Petrochemicals PET Preforms Bottles

Petrochemicals PET Preforms Bottles

-Eurozone Q1 GDP down nearly 4% on pandemic initial hit in March

GDP growth in the eurozone fell 3.8% in January-March, compared to the fourth quarter of 2019, due to the coronavirus pandemic, although its full effect on the economy was not fully felt until March, EU statistical agency Eurostat said on Thursday.

Generalised lock-downs across the 19-country eurozone to contain the pandemic were mostly established from the second half of March.

In the wider, 27-country EU GDP fell in the first quarter by 3.5%, compared to the October-December 2019 quarter. Petrochemicals PET Preforms Bottles

“These were the sharpest declines observed since time series started in 1995. In March 2020, the final month of the period covered, Covid-19 containment measures began to be widely introduced by [EU] member states,” said Eurostat.

Eurozone Q1 GDP down nearly 4% on pandemic initial hit in March

-Corrected: LyondellBasell sees no need to idle crackers and PE plants, but reducing rates – CEO

Correction: In the ICIS story headlined “LyondellBasell sees no need to idle crackers and PE plants, but reducing rates – CEO” dated 1 May 2020, please read in the 14th paragraph … a combined 6 cent/lb decline … instead of … 10 cent/lb … A corrected story follows.

LyondellBasell does not expect to idle polyethylene (PE) or upstream cracker capacity but will reduce operating rates through the second quarter, its CEO said on Friday.

“We really haven’t seen demand decline to a level where we would consider idling polyethylene capacity,” said Bob Patel, CEO of LyondellBasell, on the company’s Q1 earnings conference call. Petrochemicals PET Preforms Bottles

“Our sense is that in April, we were kind of seeing a near-term bottom in demand. I would imagine that as economies partially reopen, directionally that should help on the demand side,” he added.

LyondellBasell sees no need to idle crackers and PE plants, but reducing rates – CEO

Petrochemicals PET Preforms Bottles

Petrochemicals PET Polyamide POY 02-02-2020

Petrochemicals PET Polyamide POY 02-05-2020

Petrochemicals PET Polyamide POY

-Diverged nylon market finally converged in Apr

In just two thirds of April 2020, nylon market has undergone two major waves, during which, the development of nylon 6 semi-dull high-speed spinning chip (hereinafter referred as HS chip) and bright conventional spinning chips (hereinafter referred as CS chip) are completely different.

  1. In early April, a round of intensive bottom hunting in nylon 6 CS chip market had driven prices higher quickly. And in the process of rapid rise, there were still buying orders that continued to chase highs. CS chip market rose sharply all the way, up by 1,500yuan/mt in just 10 days. Following this, CS chip plants replenished CPL spot aggressively, pushing up CPL spot substantially as well.
  2. In early April, under the favorable support of the soaring crude oil and CS chip prices, the spot and contract CPL prices gradually increased. Due to cost pressures, sellers also increased semi-dull HS chip prices appropriately. But downstream buyers followed up slowly. Since the uptrend almost ended around Apr 12, spot CPL market also slowed down rising up.

Petrochemicals PET Polyamide POY

-Italy postpones €450/tonne tax on virgin plastic until 2021

Italy’s Minister of the Economy, Roberto Gualtieri, has announced the postponement of a proposed €450/tonne tax on virgin plastic until 2021, the country’s media reported today.

The proposed tax was due to come into effect on 1 July, and would have applied to all virgin plastic with the exception of recycled plastics and compostable bioplastics.

See also : Plastics tax, closer the referral
Gualtieri: the government’s orientation is towards sterilization for this year. Ruling in the April decree? ( Italian Language Only)
Petrochemicals PET Polyamide POY

Petrochemicals PET Polyamide POY

-Soft plastics: follow the Red recycled road

Australian Institute of Packaging  Petrochemicals PET Polyamide POY 

When you think of outdoor furniture, roads, bollards, fences, patio decking and even footbridges you might not realise that a growing number of these items are made incorporating ‘soft plastics’ as a way to recycle flexible packaging and materials that have no home at this moment in the current kerbside recycling systems in Australia.

Petrochemicals PET Polyamide POY

-The Netherlands: Deposit on small plastic bottles

On July 1, 2021, a deposit on small plastic bottles will be introduced in the Netherlands. State Secretary Stientje van Veldhoven has agreed this with the packaging industry. Per bottle (<1 liter) a 15 cent deposit will be charged. For large bottles (> 1 liter) it remains 25 cents. Petrochemicals PET Polyamide POY 

You can hand in at supermarkets, at train stations, at roadside petrol stations and via caterers. This measure should lead to much less plastic litter. Producers of soft drink and water bottles are responsible for introducing the deposit system. Hospitality and small businesses are exempt from the obligation to collect small plastic bottles.

Petrochemicals PET Polyamide POY

-France to Tighten Controls on Non-EU Foreign Investment

The French government will tighten restrictions on foreign investments from outside Europe in French companies to limit foreign control over strategic sectors and technologies, the finance minister said on Wednesday.

Currently non-European investments in French companies do not need government approval as long as the stake is 25% or less. Petrochemicals PET Polyamide POY 

Finance Minister Bruno Le Maire said he would lower the threshold to 10% for investments in large companies until end of the year.

Petrochemicals PET Polyamide POY

-New report shows Asia olefins face historical production losses due to regional lockdowns

A new report from Wood Mackenzie shows that olefins production losses in Asia have reached historical highs as a result of regional lockdowns in the wake of the coronavirus outbreak. Petrochemicals PET Polyamide POY 

In Asia about 58% of the production of olefins – ethylene and propylene is integrated with refineries, either through steam crackers integrated with refineries, or refinery purification of propylene. Regional refinery operation cuts have therefore had a significant impact on olefins production.

Wood Mackenzie principal analyst Catherine Tan said: “We estimate about 496 kilo-tonnes (Kt) of ethylene and 533 Kt of propylene production capacity to be lost between January and May as a result of declining refinery utilisation rates, and coronavirus containment measures across Asia. This is in addition to outages from planned maintenances.”

https://www.eppm.com/industry-news/new-report-shows-asia-olefins-face-historical-production-los/

-Colors & Effects develops a sustainable alternative to replace carbon black in plastics

Colors & Effects has developed Sicopal Black K 0098 FK for smart recycling of dark plastics, which is a sustainable alternative replacing carbon black.

Recyclability is a decisive factor for plastics design and when coloured with carbon black, plastics go undetected by waste sorting machines. Petrochemicals PET Polyamide POY 

Traces of carbon black can hinder the near infrared (NIR) sorting of polymer scrap due to the pigments absorbing properties. Consequently, the plastic cannot be detected for further recycling and the waste will be incinerated or landfilled.

Petrochemicals PET Polyamide POY

-Malaysia eases some output restrictions but PE demand still weak

Malaysia’s decision to allow some manufacturing operations to resume full capacity may not have much impact yet on the country’s polyethylene (PE) sector because downstream demand remains generally very weak.

According to local media, Malaysia has eased some of the restrictions imposed during the earlier stages of its Movement Control Order (MCO) and the government has allowed some companies, which previously had operating rates capped at 50%, to increase output back to full capacity. These companies  include converters or plastic packaging producers in the PE industry. Petrochemicals PET Polyamide POY 

However, despite the approval to raise operating rates, the key hurdle was that downstream demand for PE products had not shown any major improvement, industry players in Malaysia said.

“Some converters are allowed to ramp up production but generally demand is still very weak,” said a source.

Malaysia eases some output restrictions but PE demand still weak

-New project “to prove that plastic is the best material for food packaging”

Andaltec has launched the R&D Project “BioNanocel”, aimed at developing biobased active plastic packaging manufactured with cellulose obtained from vegetal biomass.

This initiative aspires to produce sustainable plastic material for the food industry, with enhanced properties. It will reuse vegetal biomass waste derived from the agricultural activity, which is usually squandered. Petrochemicals PET Polyamide POY 

Researchers at Andaltec are already working to synthesise biodegradable and compostable plastics, which will be employed as raw materials for food packaging.

New project “to prove that plastic is the best material for food packaging

-WITTMANN Group says it is largely keeping up with production

The WITTMANN Group companies have made special challenges due to the corona virus pandemic.

In order to contribute to the global crisis management and even so to keep in touch with customers, the necessary measures were taken.

Wherever possible, activities have been moved to the home office and currently no visits of its production facilities are taking place.

Nevertheless, the production operations in some of the plants are kept up so far.

As of April 28th the production plants in Hungary and China continue their production without any limitation. Petrochemicals PET Polyamide POY 

WITTMANN Group says it is largely keeping up with production

Petrochemicals PET Polyamide POY

Petrochemicals PET Polyamide FDY 30-04-2020

May European propylene contract price drops

May European propylene contract

May European propylene contract price drops by EUR80 per tonne

May European propylene contract

MOSCOW  – The contract price for propylene in Europe for May deliveries was finally agreed at EUR570 per tonne, which is EUR80 lower than the previous month, ICIS reported.

The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

This contract price was directly confirmed by three producers and three consumers of the material, which is the necessary configuration for approving the contract price of propylene.

Confirmation expected from fourth consumer.

Crude oil and naphtha prices continued to decline during April, but at the same time, the demand forecast is mixed. May European propylene contract

Demand in the finished goods sector, namely in the sectors of packaging, food, healthcare and medicine, is healthy, but low in the automotive industry and construction.

In general, the supply is balanced, as in some areas the reduction in operational performance at oil refineries has limited supplies.

Propylene is the main raw material for the production of polypropylene (PP).

According to ScanPlast of Market Report, in March the total volume of polypropylene production by Russian manufacturers fell to 146.6 thousand tons compared to 157.7 thousand tons a month earlier, and in mid-March SIBUR Tobolsk stopped its scheduled preventive maintenance. In general, in the first three months of this year, the total polypropylene production in the Russian Federation reached 472.9 thousand tons against 346 thousand tons a year earlier. May European propylene contract

Five out of eight manufacturers increased capacity utilization, while the main increase in operating hours was provided by a new manufacturer – ZapSibNeftekhim.

mrcplast.ru

Author: Anna Larionova

Petrochemicals PET Polyamide FDY 30-04-2020

Petrochemicals PET Polyamide FDY

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Textile industry will face a bigger challenge in May

Sudden outbreak of COVID-19 epidemic has brought unprecedented impact on China’s economic development. The current global economy has fallen into a recession, and China’s textile and apparel mills are also facing unparalleled challenges. The bigger test is yet to come in May.

  1. Weavers cut output due to higher feedstock inventory.

In end-April, the common status of several products was that weavers have successively controlled production and prices lost value rapidly. Since export orders have basically cancelled, soft domestic demand was hard to support market development, and inventory has reached high level, demand is mainly expected to be unlikely to warm up, so production cut is expected to increase further.

Petrochemicals PET Polyamide FDY

-DuPont™ Sorona® Brand Launches Fabric Certification Program And New Branded Fabric Collections

The DuPont™ Sorona® brand team is launching a new brand architecture and hang tag program designed to bring simplicity of choice and fabric confidence to designers and apparel brands.

New fabric collections offered by mills are tested and certified through the DuPont Sorona Fabric Common Thread Certification Program to assure the fabrics have the unique molecular footprint of partially plant-based Sorona polymer as well as meet key fabric performance attributes.  Petrochemicals PET Polyamide FDY

Starting now, apparel brands and designers will be able to request that mills provide their DuPont Sorona Fabric Common Thread Certificate to show their Sorona fabrics truly have the unique fabric performance and feeling that Sorona fibers provide.

Petrochemicals PET Polyamide FDY

-Circulate Capital invests $6m in plastic recycling players in India, Indonesia

Circulate Capital Ocean Fund (CCOF), which focuses on reducing Asia’s ocean-plastic crisis, has invested $6 million in two plastic recycling companies, one in India and the other in Indonesia, Singapore-based Circulate Capital said Tuesday.

This marks the investment debut of the $106-million CCOF that was announced in December.

The fund plans to invest $2-10 million in around 20 to 25 companies in South and Southeast Asia.  Petrochemicals PET Polyamide FDY

Both recycling companies – Mumbai-based Lucro Plastecycle and Indonesia’s Tridi Oasis Group – specialize in collecting and recycling local plastic waste into raw materials for tradeable commodities, Circulate Capital said in a statement.

Petrochemicals PET Polyamide FDY

-China PET bottle chip exports see improvement in Mar, but concerns still exist

According to the Customs, China PET chip export volume totals 385kt in Mar 2020, y-o-y falling 4.9%, including 48kt for HS code 39076910, y-o-y down 10.6%, and 337kt for HS code 39076110, y-o-y falling 4%. Calculating HS code 39076110 alone, PET bottle chip exports totaled 667kt in Jan-Mar, y-o-y slipping 22.9%. If combines HS code 39076110 and 39076910, PET resin exports totaled 720kt in Q1, y-o-y down 23%. Mar demand has enhanced in drastic, as exports in single month has surpassed Jan-Feb total.

Mar exports hike is mainly due to delay of Feb orders, including some orders that delayed delivery to Apr. Hence, Mar export volume exceeding 300kt is no strange. So far so speaking, Apr export delivery volume may decline obviously comparing with Mar, possibly to slightly higher than 200kt.  Petrochemicals PET Polyamide FDY

Currently, PET resin factory stock level doesn’t count low, but delivery of some specs sees tightness, where does the stock head to then?

Petrochemicals PET Polyamide FDY

-PX lack of direction, still under strain

China PX market was in a lull in Apr. In the lack of a clear direction, PX price tracked the movements of upstream naphtha and downstream PTA. However, the market was still under immerse strain from long supply and demand fundamentals.

  1. PX-naphtha spread gets narrowed, but operating rate is stable

PX-naphtha spread has increased to 6-month high since this Mar. Though it has dropped in Apr, it was still higher than the lows recorded in last Nov-Dec. As the spread was acceptable, China PX operating rate was kept stable at highs. The operating rate of PX plants in China averaged 80.5% to-date in Apr, rebounding to the new high since Oct 2019.  Petrochemicals PET Polyamide FDY

Petrochemicals PET Polyamide FDY

-Covid-19 | Alpek Polyester joins fight against Coronavirus

Alpek Polyester UK (APUK) based in Redcar, Teesside is supporting a new critical application in the fight against the Coronavirus.

The only UK producer of Polyethylene Terephthalate (PET) Resin, normally focuses its manufacturing operations on PET for its use in the production of soft drink packaging (bottles) and food trays markets.  Petrochemicals PET Polyamide FDY

APUK traditionally supplies over 70 % of these UK markets.

Today, APUK has joined in the battle against the Coronavirus and has added focus on the supply of its PET Resin to meet the growing demand for products used to fight COVID 19.

Covid-19 | Alpek Polyester joins fight against Coronavirus

-The packaging industry in United States market is expected to grow at a CAGR of 4.1%, during the forecast period (2019

Market Overview The packaging industry in United States market is expected to grow at a CAGR of 4. 1%, during the forecast period (2019 – 2024). Companies across the region are rigorously investing in flexible packaging technology.

Reportlinker.com announces the release of the report “Packaging Industry in United States – Growth, Trends, and Forecast (2019 – 2024)” – https://www.reportlinker.com/p05865949/?utm_source=GNW    Petrochemicals PET Polyamide FDY

For instance, in July 2018, American Packaging has invested in a digital system for flexible packaging that is designed to enable greater choice in surfaces, substrates, and technical performance. New product launches and tests will have unique possibilities with the APC Digital Tool Kit.

-The packaging industry in United States market is expected to grow at a CAGR of 4.1%, during the forecast period (2019

-PLASTICS TAX CONSULTATION EXTENDED DUE TO COVID-19

The consultation period for the Plastic Packaging Tax has been extended by three months due to the disruption caused by the Covid-19 pandemic.

Announced yesterday (28 April), the consultation period, which was originally set to end on 20 May 2020, has now been extended to 20 August 2020.

Chancellor Rishi Sunak confirmed in the Spring Budget that the Plastic Packaging Tax, originally announced in the 2018 Autumn Statement, would be introduced from April 2022 at a rate of £200 per tonne for all domestically-manufactured or imported packaging containing less than 30 per cent recycled content  Petrochemicals PET Polyamide FDY

PLASTICS TAX CONSULTATION EXTENDED DUE TO COVID-19

-New project “to prove that plastic is the best material for food packaging”

Andaltec has launched the R&D Project “BioNanocel”, aimed at developing biobased active plastic packaging manufactured with cellulose obtained from vegetal biomass.

This initiative aspires to produce sustainable plastic material for the food industry, with enhanced properties. It will reuse vegetal biomass waste derived from the agricultural activity, which is usually squandered. Petrochemicals PET Polyamide FDY

Researchers at Andaltec are already working to synthesise biodegradable and compostable plastics, which will be employed as raw materials for food packaging.

-New project “to prove that plastic is the best material for food packaging”

-New BPF report highlights the process and principles of sustainable plastic packaging design

The British Plastics Federation (BPF) has released a report outlining the key principles and processes for the design of sustainable plastic packaging.

The report, entitled ‘Sustainable Design for Plastic Packaging’, is not a policy document, rather one that promotes ‘principles for eco-design’ based on a range of views represented at a specially held workshop looking at the complete process of plastic packaging design.

The workshop, attended late last year by packaging experts and representatives from across the packaging supply chain, including brands, retailers, material suppliers, manufacturers, distributors, waste processors, NGOs and academics, looked at the decision-making processes involved in developing a new item of plastic packaging and where key decisions were made.  Petrochemicals PET Polyamide FDY

Petrochemicals PET Polyamide FDY

Petrochemicals PET Polyamide DTY 29-04-2020

Petrochemicals PET Polyamide DTY 29-04-2020

Petrochemicals PET Polyamide DTY

 

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Major Asian producer lowers May PVC prices for China by USD160 per ton

A major producer of petrochemical products in Northeast Asia (NEA) has lowered its price offer for polyvinyl chloride (PVC) for May deliveries to the Chinese market by USD160 per tonne compared to April, market sources told ICIS .

So, the company’s May price offers for China were announced at the level of USD660 per tonne, CFR China, with a discount of USD10 per tonne for material volumes from 500 tons, market sources said.

For the markets of Southeast and North-East Asia (NEA), as well as for other regions, the company called May PVC price offers at the level of USD630 per ton, FOB NEA / SEA / other regions. The above discount also applies.

This Asian manufacturer also announced that it will not voice its May offer for supplies to India due to quarantine in that country, which has led to a reduction in demand.

Petrochemicals PET Polyamide DTY

-Europe ethanol spikes to record levels as chemical tankers store petroleum products

-Europe ethanol prices have spiked to record levels while chemical tankers are being used to store low-priced petroleum products.

Listen to this podcast interview with Clare Pennington who covers ethanol and shipping for ICIS.  Petrochemicals PET Polyamide DTY

New quarterly ethanol contract saw 20% plus increases to highest prices on record

Ethanol producers have to restrict volumes even to regular customers

New players start to produce hand sanitizers

Sanitizer production jumps have meant full year’s worth of demand in January-April 2020 for some producers

Petrochemicals PET Polyamide DTY

-Asia benzene falls on crude oil decline, volatility to continue

Asia’s benzene market fell below $300/tonne FOB (free on board) Korea this week, in continued volatile trading.

Market participants expect benzene to remain volatile in the near term, given its responsiveness to crude oil.

The spot market staged a rebound last week to above $300/tonne, in tandem with the surge in energy futures. The drop in energy markets this week dragged the benzene market lower, as it takes direction from the oil sector. Petrochemicals PET Polyamide DTY

“Asia benzene is following the trends in the oil markets,” said a broker in South Korea.

Petrochemicals PET Polyamide DTY

-FCA delays NorthAm auto plant restarts

US-based automaker Fiat-Chrysler (FCA) has delayed its North American plant restarts, which were set to begin next week, after more than a month of Covid-19-related shutdowns.

The automaker said it is reevaluating its plant restarts, which were set to begin 4 May, due to updates to state stay-in-place orders. Petrochemicals PET Polyamide DTY

FCA was the only one of the major three US automakers that had announced a plant restart date. FCA, General Motors (GM) and Ford all had closed their auto plants in mid-March due to pressure from the union that represents their auto workers.

Petrochemicals PET Polyamide DTY

-Mercuria CEO sees oil price ‘closer to $40/bl’ in 2021

Oil prices should rise “closer to $40/bl” next year, assuming oil demand recovers from the Covid-19 pandemic and Opec and its partners stick to their output cut deal, trading firm Mercuria chief executive Marco Dunand told Argus. Petrochemicals PET Polyamide DTY

“If you believe that life will go back to normal in half a year, then oil demand should come back. Probably not exactly immediately to where it was before, but it should gradually go back up to 100mn b/d,” he said. “For 2021, with demand at that level, or even 5-10pc down, and combined with the decision by Opec and some other countries to reduce production, we should be able to go back to a market which is probably closer to $40/bl.”

Petrochemicals PET Polyamide DTY

-Chinaplas further rescheduled to April 2021

Following an initial rescheduling of the 2019 edition to July, the organisers of the annual Chinaplas exhibition have announced the postponement of the next edition until April 2021.

The move comes as Adsale Ltd takes advice from the State Council of China, which advises the postponement of all exhibitions as a part of ongoing control and prevention measures against Covid-19.  Petrochemicals PET Polyamide DTY

The next edition of Chinaplas, which has already been rescheduled once from its initial date of May this year to July, will now miss 2019 completely, returning from 13-16 April 2021.

Petrochemicals PET Polyamide DTY

-BP to Cooperate with Chinese Firm CRC on PTA Sourcing

Oil and gas firm BP recently entered into a new strategic cooperation agreement with Chinese polyethylene terephthalate (PET) plastic producer China Resources Chemical Innovative Materials Holdings Limited (CRC) to jointly work on improving the polyester value chain and sourcing of purified terephthalic acid (PTA).

“BP and CRC already have a close and longstanding relationship and we look forward to building on it further,” Luis Sierra, chief executive officer of BP’s Global Aromatics Unit, said in a company press release this month. “We can see opportunities to work together to streamline and increase collaboration along the polyester value chain, improving flexibility, and creating value.”  Petrochemicals PET Polyamide DTY

The Chinese company is a major buyer of PTA produced by BP. Under the terms of the deal, the oil and gas company will invest in CRC and acquire some of its stock.

BP to Cooperate with Chinese Firm CRC on PTA Sourcing

-HeiQ’s high manufacturing capability plays an important role in our fight against the spread of the Corona virus.

We launched our antiviral HeiQ Viroblock NPJ03 textile technology on March 16 this year and celebrated the production of 1000 tons of HeiQ Viroblock NPJ03 a few weeks back. Now we’re closing in on 2000 tons!

A big thank you goes to our expert guys and girls in our production facilities in Concord (NC, USA), Calhoun (GA, USA), Bad Zurzach (Switzerland) and Geelong (Australia).

All in all, HeiQ has a manufacturing capability of more than 35,000 tons per year. We intend to make it count! Petrochemicals PET Polyamide DTY

HeiQ manufacturing power in USA, Switzerland and Australia

HeiQ’s high manufacturing capability plays an important role in our fight against the spread of the Corona virus. We launched our antiviral HeiQ Viroblock NPJ03 textile technology on March 16 this year and celebrated the production of 1000 tons of HeiQ Viroblock NPJ03 a few weeks back. Now we’re closing in on 2000 tons! A big thank you goes to our expert guys and girls in our production facilities in Concord (NC, USA), Calhoun (GA, USA), Bad Zurzach (Switzerland) and Geelong (Australia). All in all, HeiQ has a manufacturing capability of more than 35,000 tons per year. We intend to make it count!

Posted by HeiQ on Tuesday, 28 April 2020

-Ocean plastics venture announces first investments

Circulate Capital invested $6 million in plastics recycling companies in India and Indonesia, the brand-backed firm’s first outlay designed to prevent marine plastics.

The Singapore-based investment management company said the money came from its Circulate Capital Ocean Fund (CCOF), a $106 million fund backed by some of the world’s largest brand owners and plastics manufacturers.

Circulate Capital spun off from U.S.-based Closed Loop Partners and is led by Rob Kaplan, co-founder of Closed Loop Partners. The company announced late last year it had secured funds and was gearing up to invest the money. Petrochemicals PET Polyamide DTY

Ocean plastics venture announces first investments

Petrochemicals PET Polyamide DTY

Petrochemicals PET Packaging Nonwoven 28-04-2020

Asian producer May PVC prices China

Asian producer May PVC

Major Asian producer lowers May PVC prices for China by USD160 per ton

Asian producer May PVC

MOSCOW – A major producer of petrochemical products in Northeast Asia (NEA) has lowered its price offer for polyvinyl chloride (PVC) for May deliveries to the Chinese market by USD160 per tonne compared to April, market sources told ICIS .

So, the company’s May price offers for China were announced at the level of USD660 per tonne, CFR China, with a discount of USD10 per tonne for material volumes from 500 tons, market sources said. Asian producer May PVC

For the markets of Southeast and North-East Asia (NEA), as well as for other regions, the company called May PVC price offers at the level of USD630 per ton, FOB NEA / SEA / other regions. The above discount also applies. Asian producer May PVC

This Asian manufacturer also announced that it will not voice its May offer for supplies to India due to quarantine in that country, which has led to a reduction in demand.

Compared to other countries in China, the situation with coronavirus has relatively stabilized, making it an attractive market for the supply of material.

However, market sources said that the announced price offers were met with caution against the background of only a slight improvement in the situation with coronavirus in other countries, the recent drop in ethylene prices, as well as oil price volatility.

According to the ICIS-MRC Price Review , last week was quite calm, the Russian market froze in anticipation of negotiations regarding the May deliveries of Russian PVC.

The processors intend to achieve lower resin prices, manufacturers, in turn, understand that they will have to decline significantly in May. Asian producer May PVC

Demand for PVC in April fell due to quarantine restrictions, and some processors intend to limit resin purchases in May. On the spot, acetylene PVC fell.

mrcplast.ru

Author: Margarita Volkova

Petrochemicals PET Polyamide DTY 29-04-2020

Paste PVC Resin Market 2020 Analysis by Top Players & Pronounce Growth by 2026

Petrochemicals PET Packaging Nonwoven 28-04-2020

Petrochemicals PET Packaging Nonwoven

Crude Oil Prices Trend

Crude Oil Prices Trend

-Korean Textile Group Cries Foul As Kohl’s Cancels $100M in Placed Apparel Orders

Big-box retailer Kohl’s has reportedly canceled apparel orders across the board, much to the chagrin of its international supply chain partners.

The Korea Federation of Textile Industries (KOFOTI) is hitting back, demanding the store chain reconsider its commitments to manufacturers across the globe. The decision puts the livelihoods of about 200,000 workers at risk, the group said in a statement to Just-Style.

While the group appreciates the devastating impact that the pandemic has had on the textile industry, Kihak Sung, KOFOTI’s chairman, said Kohl’s has a responsibility to its suppliers, and shouldn’t leave them high and dry even as consumer demand plummets.

Petrochemicals PET Packaging Nonwoven

-Five things to know about the turmoil in the oil market

Even for an industry already hit hard by the coronavirus, this week was especially devastating for the oil business.

Oil markets hit a historic first this week when prices dropped so low they went negative, falling to as little as negative $40 a barrel.

With negative pricing, crude has fallen by more than $100 this year, from roughly $60 per barrel at the beginning of the year. Petrochemicals PET Packaging Nonwoven

Prices have since rebounded into profit, but the industry is far from being in the clear.

Petrochemicals PET Packaging Nonwoven

-Scientists turn waste polymer into battery components

Researchers at Purdue University and Tufts University in the US, together with colleagues at the Indian Institute of Technology, are transforming waste polyethylene terephthalate into battery components.

In a study published in the journal ACS Sustainable Chemistry & Engineering, the scientists explain that they used an ultrafast microwave irradiation process to turn polyethylene terephthalate flakes into disodium terephthalate and use that as battery anode material. Petrochemicals PET Packaging Nonwoven

Petrochemicals PET Packaging Nonwoven

-Italy -Covid-19 crisis / The controversial letter with which Miroglio imposes a discount on suppliers: what do you think? ( Italian Language Only)
The fashion giant (over 700 million euros in turnover) has sent a letter to some suppliers, especially in the Prato area, in which it basically imposes a discount in exchange for the certainty of the supply and the security of timely payments. The letter is making a lot of discussion and opens up themes that for those who, like us, follow the industry, are essential: the power relationships between young and old and the survival of the fabric of SMEs.  Petrochemicals PET Packaging Nonwoven
We do not take a stand and leave the word to the readers: what do you think? Is this an unacceptable blackmail or a just request for solidarity in the supply chain in a difficult moment? Write it here or on our Facebook page. Obviously, any non-continent or non-polite comments will be quickly deleted
«In this context, we consider it appropriate to start a discussion of the supply chain, where the entire fashion supply chain (from the dealer to the manufacturer of the fabric thread) contributes to supporting each other. For this reason, just as we are granting our customers all kinds of financial support to help them, we expect that our supply chain can do the same with us “, writes the CEO of the Miroglio group Alberto Racca in the letter sent to some suppliers (the reports and controversies started mainly from the Prato area, by the blog targettopoli.com, later taken up by the Fatto Quotidiano and the pages of Cuneo della Stampa) with which he basically asked to share the costs of the crisis from Covid-19.

Petrochemicals PET Packaging Nonwoven

-America’s fracking boom founders as global prices and demand collapse

The US shale industry was forecast to deliver record high oil production this year. Only a few months ago the Permian basin was expected to increase its oil output to a new high of 4.8 million barrels per day, on the way to spurring the entire US market to a record daily output rate of 9 million bpd in 2020.

The Permian, North America’s largest shale basin, has been one of the biggest drivers of a shale oil boom that helped make the United States the biggest oil producer in the world, ahead of Saudi Arabia and Russia. Petrochemicals PET Packaging Nonwoven

Instead, the region – which stretches from western Texas to eastern New Mexico – has endured its biggest one-month production decline in history.

Petrochemicals PET Packaging Nonwoven

-Nanomaterial-based fabric coating for future textiles

Researchers at Monash University in Australia have created a new fabric using nanoparticles that they say could potentially replace current clothing textiles. Features include improved thermal comfort, reducing body temperature by 4.5°C, shielding harmful UV rays, and improving washing durability.

Population growth and improved living standards require solutions for textiles with new functions to meet changing needs,” the researchers say. “Imagine having clothing that can keep us cooler on those sweltering hot days and has the ability to prevent UV radiation from damaging our skin.”   Petrochemicals PET Packaging Nonwoven

The researchers have developed a nanomaterial-based coating for fabric that could potentially replace conventional clothing material and pioneer the future of textile development across the world.

Nanomaterial-based fabric coating for future textiles

-Drive Technologies launches production of disposable face masks

Draylok Technologies LLC (SEZ Alabuga, Tatarstan) has launched the production of disposable protective masks, the press service of the Ministry of Industry and Trade of the Republic of Tatarstan informs.

The company redesigned one of its lines for the production of products that are now urgently needed. Masks are made from certified non-woven spunbond material, similar to that used in the production of hygiene products, including medical supplies. The volume of production is about 7.5 million products per month. Petrochemicals PET Packaging Nonwoven

Currently, the company is developing its own technical specifications for this type of product and is considering further voluntary certification, the report said.

Drive Technologies launches production of disposable face masks

-Massive fire at Fuente Álamo plastics recycling plant

None injured as a huge pall of smoke rose above Cuevas de Reylló

Firefighters belonging to various brigades in the Region of Murcia took six hours to bring a blaze under control on Saturday at a plastics recycling plant in Cuevas de Reylló, in the municipality of Fuente Álamo, with a huge pall of black smoke billowing up into the sky alongside the RM-602 road.  Petrochemicals PET Packaging Nonwoven

Massive fire at Fuente Álamo plastics recycling plant

-Truetzschler’s TC 19i card a hit in textile markets

The intelligent Truetzschler card TC 19i has been proved a hit in customer applications in key textile markets. TC 19i achieved up to 40 per cent less yarn imperfections and new potentials for productivity increase for customers. At the same time, TC 19i demonstrated significant raw material savings of up to 2 per cent at a steady yarn quality level.

Badsha Textiles is a leading textile conglomerate and producer of a range of high-quality carded, ring and open-end yarns in state-of-the-art spinning mills. The company trusted Truetzschler to deliver on its promises regarding the performance of TC 19i – and has not regretted its decision yet. In a production of cotton ring yarn, for example, the TC 19i achieved a reduction of yarn imperfections of minus 35 per cent at a production of 90 kg/h, according to a Truetzschler press release. Petrochemicals PET Packaging Nonwoven

Truetzschler's TC 19i card a hit in textile markets

Petrochemicals PET Packaging Nonwoven

Petrochemicals PET Packaging rPolyamide 27-04-2020

Drive Technologies disposable masks face

Drive Technologies disposable masks

Drive Technologies launches production of disposable face masks

Drive Technologies disposable masks

MOSCOW – Draylok Technologies LLC (SEZ Alabuga, Tatarstan) has launched the production of disposable protective masks, the press service of the Ministry of Industry and Trade of the Republic of Tatarstan informs.

The company redesigned one of its lines for the production of products that are now urgently needed. Masks are made from certified non-woven spunbond material, similar to that used in the production of hygiene products, including medical supplies. The volume of production is about 7.5 million products per month.

Currently, the company is developing its own technical specifications for this type of product and is considering further voluntary certification, the report said.

Earlier it was reported that in Tatarstan, the largest enterprises will start new lines for the production of medical masks. The total volume of production of masks in the republic, taking into account the launch of new lines, will amount to 37.45 million pieces per month. The launch of the equipment is scheduled for April 27-29. Drive Technologies disposable masks

Eight republican enterprises will be engaged in the production of masks: Tatneft, KAMI, Iron Industry Company, PharmMedPolis RT, State Unitary Enterprise Medical Equipment and Pharmacy of Tatarstan, Nizhnekamskneftekhim, IP Anastasov I. S., PTFK Technotron.

The launch date of the mask production lines is monitored daily. Most organizations are already equipped with all necessary equipment.

Drylock Technologies is a subsidiary of the Belgian company Drylock Technologies. In September 2017, the company launched the production of hygiene products (diapers) in Tatarstan, investments in the project amounted to EUR40 million.

mrcplast.ru

Author: Anna Larionova

Drive Technologies disposable masks

Petrochemicals PET Packaging Nonwoven 28-04-2020

Hershey announces its commitment to production of disposable facemasks

Petrochemicals PET Packaging rPolyamide 27-04-2020

Petrochemicals PET Packaging rPolyamide

Petrochemical Polymers Chemical DTYPA Trend

Petrochemicals PET Packaging rPolyamide

Crude Oil Prices Trend 

Crude Oil Prices Trend 

-Chemical Recycling is Solution for Plastic Pollution

The world is drowning in plastic. About 60% of the more than 8,700 million metric tonnes of plastic ever made is no longer in use, instead sat mostly in landfill or released to the environment.

That equals over 400kg of plastic waste for every one of the 7.6 billion people on the planet.  Petrochemicals PET Packaging rPolyamide

One reason for this is that many plastics are not recyclable in our current system.

And even those that are recyclable still go to landfill eventually.

Chemical Recycling is Solution for Plastic Pollution

-Widespread Use of Bioplastics Held Back by Lagging Innovation, Claims Report

Innovation in polymers for a range of applications has never been a problem for the plastics industry. However, a new report from Clarivate Analytics, “From the Plastics Present to a Sustainable Future,” states that lack of innovation in the bioplastics arena is preventing the widespread use of biodegradable and compostable materials in packaging applications.  Petrochemicals PET Packaging rPolyamide

To prove that point, Clarivate and its partners studied the number of patents filed for bioplastic materials and who filed them. Clarivate concluded that bioplastic packaging is at an early developmental stage with no dominant company or entity — 40% of all inventions are held by organizational applicants with just a single invention, and fewer than one in 10 applicants has filed 10 or more inventions.

Petrochemicals PET Packaging rPolyamide

-Replacing plant pulp plastic with sustainable packaging appeals to a multi-million dollar endorsement – Newsdio

In a small suburb of Melbourne, Two entrepreneurs are developing a technology that could mean big changes for the packaging industry.

Stuart Gordon and Mark Appleford are the co-founders of Varden, a company that has developed a process to take the waste material from sugar cane and turn it into a paper-like packaging product with the functional attributes of plastic.

Its technology managed to capture the attention of Horizons Ventures, the venture capital fund that manages the money of Li Ka-shing, one of the richest men in the world, and $ 2.2 million in funds.Petrochemicals PET Packaging rPolyamide

Petrochemicals PET Packaging rPolyamide

-Covestro to resume regular operations in Germany, VW restarts plants

Covestro is preparing to gradually resume “regular operations” at its plants in Germany, the chemicals major said on Friday, in line with federal and state government moves to ease the coronavirus lockdowns restrictions.

The rate of new infections in Germany has fallen as the measures taken to contain the virus showed an “initial effect”, Covestro said on Friday, citing the latest findings by the country’s Robert Koch health institute (RKI). Petrochemicals PET Packaging rPolyamide

As of Friday, RKI reported just over 150,000 infections in Germany, and 5,321 deaths.

The state of Bavaria is the worst hit, with nearly 40,000 cases and 1,525 deaths.

Petrochemicals PET Packaging rPolyamide

-Faurecia extends its cooperation with Xuyang Group to develop display technologies

Faurecia, one of the world’s leading automotive technology companies, today announced a new joint venture with Changchun Xuyang Industry (Group) Co., Ltd. (Xuyang Group), which marks another key milestone in the strategic cooperation between Faurecia and Xuyang Group.

Faurecia and Xuyang Group will be engaged in the production, assembly and sales of automotive display products, as well as relevant after-sales services for OEMs. The joint venture will be consolidated by Faurecia. Petrochemicals PET Packaging rPolyamide

In recent years, Faurecia has accelerated its strategic transformation in particular through the creation of its fourth Business Group, Faurecia Clarion Electronics, which has the ambition to become a global leader in cockpit electronics. This latest partnership will strengthen its position in the automotive market in China.

Faurecia extends its cooperation with Xuyang Group to develop display technologies

-New Conair HRG Series vacuum pumps launched

The new Conair HRG Series vacuum pumps are suitable to develop deep vacuum power for conveying plastic pellets over long distances, while keeping noise levels comfortably low.

An optional variable-frequency drive is available to save energy and makes the new pump suitable for use in Conair Wave Conveying systems. Petrochemicals PET Packaging rPolyamide

The three-stage pump design, with regenerative impellers smoothly cut, capture and compress the air with minimal draft or vibration. Like twin turbo chargers on automobile engines, the vacuum becomes deeper and more powerful at each stage allowing the HRG Series pumps to convey material up to 1000 linear feet.

New Conair HRG Series vacuum pumps launched

-Brazil sinks into fresh political crisis

Brazil is on the threshold of a fresh political crisis on top of an oil market collapse that has already set back the non-Opec country’s pre-salt bonanza.

Justice minister Sergio Moro, a prominent member of far-right president Jair Bolsonaro’s cabinet and the crusading judge who prosecuted the sweeping Lava Jato corruption case, resigned today. In a high-profile press conference, Moro issued a fusillade of accusations against his erstwhile boss. Petrochemicals PET Packaging rPolyamide

For Brazil’s oil industry led by state-controlled Petrobras, Moro’s departure potentially opens a new period of political instability.

Brazil sinks into fresh political crisis

-UAW pushes back against early May US auto restarts

A major US union is pushing back against plans by US automakers to begin restarting plants in the next two weeks on safety concerns amid the Covid-19 pandemic.

The president of the International Union, United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) union — which represents more than 150,000 US auto workers at Ford, General Motors (GM) and Fiat-Chrysler (FCA) —said yesterday that “the UAW does not believe the scientific data is conclusive that it is safe to have our members back in the workplace.” Petrochemicals PET Packaging rPolyamide

“We strongly suggest to our companies in all sectors that an early May date is too soon and too risky to our members, their families and their communities,” said UAW president Rory Gamble.

UAW pushes back against early May US auto restarts

-Braskem shuts down one of its PP factory lines due to blackout

Braskem, Brazil’s largest petrochemical company, on April 9 stopped production on line C at a polypropylene (PP) plant in La Porte (LaPorte, Texas, USA) due to a power outage, ICIS reported from referring to a company statement sent to the Texas Environmental Protection Commission (TCEQ).

At present, it is still unknown how long this line will stand idle at an enterprise with a capacity of 390 thousand tons of PP per year.

Earlier it was noted that at the end of March this year, Braskem already closed the PP plant in La Porte due to technical problems. Petrochemicals PET Packaging rPolyamide

And last year the company carried out planned preventive maintenance at this plant from the beginning of October until the end of November.

Braskem shuts down one of its PP factory lines due to blackout

-Claims Kim Jong-un is dead but pictures show ‘his private train visited holiday resort’

KIM JONG-UN is reported to be dead according to a number of sources from the Far East but the Reuters news agency muddied the waters tonight reporting satellite pictures have revealed a special holiday train thought to belong to the North Korean dictator was spotted at a resort town this week.

Details remain very sketchy but a Washington-based North Korea monitoring project, 38 North, claimed the train was parked at the “leadership station” in Wonsan on April 21 and April 23 amid growing speculation over the alleged death of Kim Jong-un.

Claims Kim Jong-un is dead but pictures show 'his private train visited holiday resort'

Petrochemicals PET Packaging rPolyamide

Petrochemicals Circular Economy rPolyamide 25-04-2020