Polyestertime

Petrochemicals Automotive Crude Oil 17-09-2019

Petrochemicals Automotive Crude Oil

-Ooty gets 5 machines to recycle PET bottles

With several lakhs of tourists flocking to this tourist town in Tamil Nadu that is regarded as the Queen of the Hill stations in the state, plastic waste in the form of PET bottles generated here is of a huge scale, though single-use plastic had been banned long ago.

To ensure the collection and recycling of every last bottle consumed in Udhagamandalam, also known as Ooty, be it a water/juice/oil/personal care/home care product, the town on Monday received five reverse vending machines (RVM).

Petrochemicals Automotive Crude Oil

-Johns Manville launches three nylon thermoplastic organosheet product series

The OS-6, NCF-6 and CR-6 series use in-situ polymerization technology for enhanced properties in lightweight structural applications. Petrochemicals Automotive Crude Oil

Johns Manville (JM, Denver, Colo., U.S.), manufacturer of continuous filament glass fiber and a Berkshire Hathaway company, has launched three nylon thermoplastic composite product series for lightweight applications: OS-6, NCF-6 and CR-6 series.

The OS-6 series is a nylon composites sheet reinforced with continuous woven fabric and impregnated with the company’s proprietary technology to enhance impact resistance, strength and stiffness in thermoplastic composites.

Petrochemicals Automotive Crude Oil

-Crude oil can top $80; speed of recovery by Saudis will be key

Consumers in both North East Asia and India hold adequate reserves to cover any shortages. Petrochemicals Automotive Crude Oil

Brent crude opened for trading this week, exploding 20 per cent higher, its biggest jump in 28 years after attacks on Saudi Aramco’s facilities. This led to the disruption of 5.7 MMbbl/d, which is close to 60 per cent of the gulf nation’s production, putting dent to global supply. Petrochemicals Automotive Crude Oil

For now it is uncertain how long this disruption will last, but what is clear is that the longer this outage lasts the more bullish it will be for oil prices.

Petrochemicals Automotive Crude Oil

-MPI diversifies with IVP acquisition, sales to reach nearly $50M

St. Charles, Ill.-based contract manufacturer Microplastics Inc. has purchased IVP Plastics LLC, diversifying its end markets beyond automotive, boosting sales to more than $45 million, and doubling the number of employees to more than 300.

IVP, also a contract manufacturer, injection molds custom parts for the large construction, farming and foodservice sectors with about 150 employees. With estimated molding sales of $19 million, IVP ranks No. 261 among North American injection molders, according to Plastics News’ latest ranking. Petrochemicals Automotive Crude Oil

Petrochemicals Automotive Crude Oil

-MONOETHYLENE GLYCOL MARKET TO HIT THE COVETED USD40-BILLION-DOLLAR FRONTIER

Monoethylene Glycol Market is set achieve lucrative growth during the forecast period; according to a new research report.

Asia Pacific monoethylene glycol industry has been projected to register a rather commendable growth rate of 7% over 2017-2024, driven by the extensive contribution of countries such as India and China and the robust demand for polyester fiber in the region.

The fact that more than 90% of the global polyester fiber production of 2014 took place in Asia Pacific affirms the aforementioned analysis.Petrochemicals Automotive Crude Oil

Petrochemicals Automotive Crude Oil

-Can the US economy handle $100 crude oil?

Oil prices spiked the most on record Monday after a weekend attack on Saudi Arabia’s oil facilities wiped out more than 5% of the global oil supply.

Crude oil prices initially surged as much as 18%, but retreated after President Trump said he authorized the use of oil from the United States’ emergency oil supply, called the Strategic Petroleum Reserve, “if needed.” Brent crude (BZ=F) reached a session high of $71.95 a barrel at the opening, while U.S. crude futures (CL=F) surged to a session high of $63.34 a barrel.

Can the US economy handle $100 crude oil?

-The global polyamide resins market at a CAGR of almost 6% during the forecast period

This polyamide resins market analysis considers sales from reactive polyamide resins and non-reactive polyamide resins.

Our analysis also considers the sales of polyamide resins in APAC, Europe, MEA, North America, and South America. In 2018, the reactive polyamide resins segment had a significant market share, and this trend is expected to continue over the forecast period.

Factors such as rising demand for paints and coatings because of the increasing number of residential and non-residential construction projects will play a significant role in the reactive polyamide resins segment to maintain its market position.

Petrochemicals Automotive Crude Oil

-Global PLA Films Market 2019 Industry Trends by Leading Key Players like Treofan Film International, TORAY, Amcor, Corbion Purac, NatureWorks

A comprehensive statistical scope of PLA Films market has been published by Research N Reports. Acumen business knowledge of the competent team provides a precise overview of qualitative and quantitative analysis techniques which are used to examine trade data.

The report reveals a blueprint of the competitive market scene which will help new vendors to get an idea of the potential hazards that the current players are facing. It also examines the profiles of prominent market players and gives an insight into the development strategies adopted by them.

Global PLA Films Market 2019 Industry Trends by Leading Key Players like Treofan Film International, TORAY, Amcor, Corbion Purac, NatureWorks

-Saudi drone attacks threaten around 10% of global ethylene capacity

Facilities producing around 10% of global ethylene capacity are threatened by feedstock disruption after the weekend’s attack on Saudi Arabia’s oil distribution infrastructure and the subsequent closure of 5.7m bbl/day of refinery capacity.

The attack on 14 September damaged the Abqaiq and Khurais crude oil processing installations which supply oil to Saudi Arabia’s three main petrochemical sites.

Petrochemicals Automotive Crude Oil

Petrochemicals Automotive General news 16-09-2019

Petrochemicals Automotive General news

Polyamide Petrochemical Polymers Prices

Petrochemicals Automotive General news

Crude Oil Prices Trend

Crude Oil Prices Trend

-$100 Oil? Drone Strikes Halt Half Of Saudi Crude Production

Half of Saudi Arabia’s oil production has gone offline following a surprise drone strike.

Drones attacked Abqaiq facility in Saudi Arabia and the Khurais oil field run by Saudi Aramco early Saturday morning, the kingdom’s interior ministry said, sparking a massive fire at a crude processing plant essential to global oil supplies.

The closure will impact nearly 5 million barrels of crude processing per day, affecting 5 percent of the world’s daily oil production.Petrochemicals Automotive General news

-Adipic Acid Market Strong Development By Key Players, Emerging Technology and Future Growth

Adipic acid, also called as hexanedioic acid, is a white crystalline solid that melts at 152°C. It is one of the most important monomers used in the polymer industry. Adipic acid is an organic acid that contains six carbon atoms. It also has two carboxylate groups (–COOH) attached to the terminal carbons in the chain. Since adipic acid contains two carboxylate groups, it is sometimes referred to as a di-acid. All other carbon atoms in adipic acid contain two hydrogen atoms each.Petrochemicals Automotive General news

Petrochemicals Automotive General news

-ALGAE BIOFUELMARKET PIN-POINT ANALYSIS FOR CHANGING COMPETITIVE DYNAMICS

The global quest for greener, renewable alternatives to biofuels has generated a groundswell of interest in third-generation biofuels.

Algae biofuel have emerged as unique promising in this direction as they overcome the drawbacks of crop-based biofuels of the second generation.

Algae biofuels are derived from species such as Botryococcus braunii, Chlorella species, Crypthecodinium cohnii, and Nitzschia species. In recent years, stakeholders and interested investors have poured in tens of thousands of dollars in realizing this potential.

Application of modern biochemical engineering processes has further created a robust technological framework for the same.Petrochemicals Automotive General news

Petrochemicals Automotive General news

-Hormuz crisis threatens Asian imports beyond energy

US-Iran tensions endanger shipments of aluminum and chemicals

Tensions between Iran and the U.S. in the Strait of Hormuz are threatening to spill over beyond energy fields to materials segments such as aluminum and chemicals, with broad implications for countries reliant on the region.Petrochemicals Automotive General news

Since the turn of the century, Middle Eastern countries have been striving to develop non-energy industries to reduce their dependence on crude oil.

The region’s share of global exports of petrochemicals, including ether, has risen to 30%, and the share of aluminum at 16%. Many Japanese companies, in particular, have become more dependent on Middle East-produced materials, and a wide range of non-energy industries could be adversely affected if the antagonism between the U.S. and Iran intensifies.Petrochemicals Automotive General news

Hormuz crisis threatens Asian imports beyond energy

-Indonesian polymer producers tighten domestic grip

Indonesian polymer producers are to tighten their grip on the domestic market next year as they face increasing competition from overseas.

Indonesian polyethylene (PE) and polypropylene (PP) supplies will increase in this year’s final quarter, when domestic producers Chandra Asri and Polytama Propindo debut new capacity.Petrochemicals Automotive General news

Chandra Asri is expected to start up soon its 400,000 t/yr linear low-density polyethylene/high density polyethylene plant at Cilegon. It is on track to expand its current PP production from 480,000 t/yr to 590,000 t/yr in the fourth quarter. Chandra Asri operates Indonesia’s sole petrochemical cracker, which uses naphtha feedstock.

Indonesian polymer producers tighten domestic grip

-We must stop Brexit in any form, councillors tell Jeremy Corbyn

Grassroots leaders call for a decisive stance to stay in EU and deliver a radical new manifesto

Jeremy Corbyn has come under growing internal pressure to commit Labour to a unequivocal policy of remaining in the European Union as more than 100 councillors issued a joint warning to the party’s ruling body that any form of Brexit would threaten jobs, public services, workers’ rights and the environment.

In a letter to the national executive committee (NEC), which meets this week, the Labour councillors, including several leaders of county and borough councils, called on the party “to campaign unambiguously and energetically for a public vote on Brexit and to endorse a ‘remain and transform’ position in all circumstances”. Petrochemicals Automotive General news

We must stop Brexit in any form, councillors tell Jeremy Corbyn Grassroots leaders call for a decisive stance to stay in EU and deliver a

-Amorphous metals combined with polymers for the first time

Engel and Heraeus have reduced cycle times by up to 70 percent compared with previous production solutions for the injection molding of amorphous metals.

In doing so, the two system partners have opened the door to these alloys with truly special qualities entering large-scale production for a wide assortment of end uses.

Engel is presenting the next big step in this development at K 2019.

Two-component parts made of amorphous metal and silicone will be produced for the first time – a process that is taking place in a fully automated manufacturing cell.

Amorphous metals combined with polymers for the first time

-Saudi stock market dives, crude futures to jump after drone attack on oil plants

  • Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as the country grappled with weekend attacks on the heart of its oil production facilities in Abqaiq and Khurais.
  • Abqaiq is the world’s largest oil processing facility and crude oil stabilization plant with a processing capacity of more than 7 million barrels per day.
  • Saturday’s attack is the biggest on oil infrastructure anywhere since Saddam Hussein’s invasion of Kuwait in 1990.

Saudi Arabia’s stock market fell by 2.3% at Sunday’s open as the country grappled with weekend drone attacks on the heart of its oil production facilities in Abqaiq and Khurais claimed by Yemen’s Houthi rebels.

Reports that the country may take weeks to return to full oil supply capacity is set to send crude futures up by as much as $10 per barrel, analysts say, depending on the scale of the damage. Half the country’s oil production was halted due to fire damage but is due to restart on Monday, Saudi energy ministry officials said in a statement.

Saudi stock market dives, crude futures to jump after drone attack on oil plants

-Honeywell Oleflex technology has been selected by Sonatrach total Entreprise Polymères to make propylene in Algeria

Honeywell UOP process technology scores second win in North Africa

Honeywell(NYSE: HON) announced today that Sonatrach Total Entreprise Polymères (STEP) has selected Honeywell UOP’s C3 Oleflex™ technology to produce 565,000 metric tons per year of polymer-grade propylene for a proposed plant in Arzew, Algeria.

In addition to technology licensing, Honeywell is providing the basic engineering design as well as services, equipment, catalysts and adsorbents for the plant. When completed, it will represent UOP’s second C3 Oleflex unit in North Africa, following an earlier award in Egypt.

Honeywell Oleflex technology has been selected by Sonatrach total Entreprise Polymères to make propylene in Algeria

-Attacks In Saudi Arabia Are A Recipe For $100 Oil

This Saturday, Sept. 14, 2019, satellite image provided by NASA Worldview shows fires following Yemen’s Houthi rebels claiming a drone attack on two major oil installations in eastern Saudi Arabia. The drones attacked the world’s largest oil processing facility in Saudi Arabia and a major oilfield operated by Saudi Aramco early Saturday, sparking a huge fire at a processor crucial to global energy supplies. The island shown in the image is Bahrain, while the peninsula in the image is Qatar. (NASA Worldview via AP)

Over the years, I have often been asked about scenarios that could rapidly drive oil prices higher. My response is always that the worst case scenario is an incident that takes a large amount of oil production offline in Saudi Arabia.

Why Saudi Arabia? After all, the U.S., Russia, and Saudi Arabia are the world’s leading oil producers, with each topping 10 million barrels per day (BPD) in 2018.

Attacks In Saudi Arabia Are A Recipe For $100 Oil

-Markische Faser & Kelheim Fibres to develop new products

German speciality manufacturers, Markische Faser and Kelheim Fibres, have joined hands. Under the name ‘Clean Color Concept’, the two renowned fibre producers will offer spun dyed fibres in polyester and in viscose in a coordinated range of colours. Kelheim is a producer of viscose speciality fibres. Markische Faser is a leading plastic company.

Spun dyed fibres have always been an important part of the range of products both of Märkische Faser and of Kelheim. Here, colour pigments are incorporated in the spinning mass before the spinning process and are therefore homogenously distributed in the whole fibre. These fibres, and the final product, offer a particularly high colour and light fastness. The colours do not bleed during washing and they keep their brilliance even after many washing cycles, according to Kelheim. Petrochemicals Automotive General news

Markische Faser & Kelheim Fibres to develop new products

Petrochemicals Automotive General news

Petrochemicals Automotive UV Stabilizers 14-09-2019

Petrochemicals Automotive UV Stabilizers

-COLORMATRIX™ SMARTHEAT RHC Circular Solutions for rPET and PET bottles

ColorMatrix™ SmartHeat RHC is an APR* accredited, patent protected, liquid dispersion process aid, available to rPET producers and converters to help improve

recycling and sustainability of PET bottles.

It enables:

  • Increased rPET content
  • Reduced CO2 emissions

For applications requiring color or toning, SmartHeat RHC is also available as a range of recycle-friendly tints or toners for both rPET producers and converters.

Note to converters: This product is compatible solely with transparent bottles produced in a two-stage injection stretch blow molding process.

Petrochemicals Automotive UV Stabilizers

-Glucose derivative replaces BPA in sustainable polycarbonate plastic

Transparent polycarbonate sheets reinforced with biomass-derived building blocks outperform traditional BPA-reinforced polycarbonate plastic in strength tests, new research shows. The scientists behind the work envision their composite could replace BPA-based polycarbonates in a variety of common applications. Petrochemicals Automotive UV Stabilizers

Petrochemicals Automotive UV Stabilizers

-Jomar to launch TechnoDrive 65 PET injection blow molding machine at K 2019

Jomar Corp., a leading global manufacturer of injection blow molding (IBM) machinery for the pharmaceutical, healthcare, and household products industries, will launch the TechnoDrive 65 PET machine at the K 2019 exhibition (Hall 14/A32) which runs Oct. 16-23 in Düsseldorf, Germany.Petrochemicals Automotive UV Stabilizers

The newly designed IBM machine is specifically designed to run PET resins but can easily switch back to more typical materials for injection blow molding such as polypropylene (PP) and polyethylene (PE). The TechnoDrive 65 PET machine evolved from Jomar’s TechnoDrive 65, a high-speed IBM production machine first unveiled in 2017.

Petrochemicals Automotive UV Stabilizers

-Global PE price war begins as supply grows and demand fades

A global polyethylene (PE)price war is developing as multiple newcapacities come onstream just as demand growthstalls on the back of the US China trade war,Brexit, regulatory pressure on single useplastics, and other uncertainties which aredampening consumer and industrial confidence.

Prices have plummeted to multi-year lows as USproducers seek to gain market share byundercutting local producers in other regions.

Competition from Middle East exporters hashelped to depress prices further.

Almost all of the new US capacity is scheduledfor export, with China by far the biggestpotential destination.Petrochemicals Automotive UV Stabilizers

However, since the trade war intensified, withsome PE tariffs scheduled to rise to30%, US product has been diverted to othermarkets principally in Asia and Europe.

Petrochemicals Automotive UV Stabilizers

-Goodfellow Announces Major Extension of Their Range of Polylactic Acid (PLA) Granules

In keeping with the increasing demand for sustainable and environmentally friendly materials, Goodfellow is pleased to announce a major expansion of their range of PLA granules.

The extended range includes a variety of differing melt flow rate (MFR) materials suitable for extrusion and injection molding.Petrochemicals Automotive UV Stabilizers

For customers, the addition of these new grades enhances the Goodfellow green materials range and extends the options available for biodegradable polymers.

Goodfellow Announces Major Extension of Their Range of Polylactic Acid (PLA) Granules

-Toray develops sustainable fibers made of recycled plastic

Made of recycled PET bottles, &+ brand fibers are a result of Toray’s fiber production technology and a proprietary contaminant-filtering system.

Toray Industries Inc. (Tokyo, Japan) has announced a new commercial fiber brand, called &+, which the company says will underpin the start of its efforts to use fibers made by recycling used PET bottles.Petrochemicals Automotive UV Stabilizers

Toray is aiming to leverage this brand to foster PET bottle recycling and to help materialize a closed loop economy by offering high-value-added fiber derived from PET bottles.

Toray develops sustainable fibers made of recycled plastic

-LYCRA Company launches LYCRA® FitSense™ technology

The LYCRA Company, a leader in innovative fiber and technology solutions, has announced global launch of new LYCRA® FitSense™ technology – a patented water-based dispersion that features the same molecule as LYCRA® fiber but in liquid form. The technology can transform apparel by adding lightweight power, soft shaping and lift, and targeted support.

LYCRA® FitSense™ technology is screen printed onto fabric containing LYCRA® fiber to deliver targeted lightweight support that can be combined with visual effects like patterns or color blocks. As a result, sewn-in panels or extra seams that may restrict movement and cause discomfort could be eliminated and the consumer’s need for great-fitting, ultra-comfortable garments is satisfied, giving support just where it is needed.

LYCRA Company launches LYCRA® FitSense™ technology

-New research says seafood is a major source of plastic in U.S. diet

Alarming new research suggests that, contrary to what scientists have long believed, tiny plastic particles consumed by fish and other seafood do not stay in the animals’ digestive tracts but rather seep into their flesh, as Liza Gross reports in FERN’s latest story, published with Mother Jones. And that means those plastic particles also seep into the diet of people who eat seafood.

Now, according to a study published in June in the journal Environmental Science & Technology, “seafood is the third largest contributor of chemical-laden “microplastics” of sources analyzed so far for the average American consumer, behind bottled water and air,” Gross writes. “‘Plastic is now part of our food system,’ says Kieran Cox, a marine ecologist and Ph.D. candidate at the University of Victoria in British Columbia, who led the study.”

New research says seafood is a major source of plastic in U.S. diet

-Plastic alternatives could make marine pollution even worse

UK report says complacency leads to carelessness
Compostable alternatives to plastic could worsen marine pollution and have other serious environmental impacts, a report from a committee of UK MPs has warned.

The world has a plastic problem — millions of tons of plastic enter the oceans every year, polluting our seas, littering our beaches and endangering wildlife.

Plastic alternatives could make marine pollution even worse

-US shale to grow to 14.5mn bpd by 2030: Rystad Energy

Strong US supply will be driven, in part, by a large inventory of wells still to be developed across several prolific shale plays

US shale supply will peak at approximately 14.5mn barrels per day (bpd) around 2030, according to Rystad Energy.

In the past decade, crude oil coming from shale patches such as the Permian in the US has grown from a negligible contributor to an upstream behemoth, reshaping the industry and the oil market.

US Light Tight Oil (LTO) represented less than 1% of global oil supply just nine years ago. Today, US LTO represents close to 10% of total global oil supply, a percentage which is expected to continue its ascent going forward.Petrochemicals Automotive UV Stabilizers

US shale to grow to 14.5mn bpd by 2030: Rystad Energy

Petrochemicals Automotive Bottle Flakes 13-09-2019

Petrochemicals Automotive Bottle Flakes 13-09-2019

Petrochemicals Automotive Bottle Flakes

Crude Oil Prices Trend

Crude Oil Prices Trend

-Dupont Teijin Films closes the circle for recycled PET

Earlier this year, DuPont Teijin Films announced the launch of its LuxCR™ depolymerisation process which upcycles post consumer waste into a variety of technically advanced BOPET films serving a wide range of applications and markets.Petrochemicals Automotive Bottle Flakes

The use of recycled content is a critical part of DuPont Teijin Films’ circular economy strategy, and the upcycling of PET through the LuxCR™ process also marks an important step forward in the chemical recycling technology for the wider polyester industry.

Petrochemicals Automotive Bottle Flakes

-Microplastics stunt growth of worms, study finds

Worms increase soil nutrients and inhibiting their work would seriously damage overall biodiversity

The damaging effect of plastic waste in the ocean is well-documented but new research shows this polluting material could also make soils significantly less fertile.

Scientists have found microplastics stunt the growth of worms, which could have serious impacts on entire ecosystems and inhibit the growth of crops that feed humans.

Exposure to plastic commonly used in the production of bottles and carrier bags caused earthworms to lose 3.1 per cent of their weight over a 30-day period, according to a new study.Petrochemicals Automotive Bottle Flakes

During the same period, earthworms in soil without plastic in increased their weight by 5.1 per cent.

Petrochemicals Automotive Bottle Flakes

-Suntory Beverage & Food Europe unveils path to reach sustainable plastic bottles, within a decade

Suntory Beverage and Food Europe (SBFE) today sets out its plan to move to 100 per cent sustainable plastic bottles within a decade, fully moving away from virgin plastic derived from fossil fuels.

By 2030, the company that makes some of Europe’s best-known drinks will aim to use plastic that has been previously used or bio-sourced (plant-based) to reach its sustainable plastic packaging target.

Embracing existing mechanical recycling processes – and investment in new, innovative technologies like enzymatic recycling and Japanese Flake to Preform processing – will be crucial for helping the company to make the change. Petrochemicals Automotive Bottle Flakes

Petrochemicals Automotive Bottle Flakes

-Greiner Packaging presents solutions for a successful circular economy at FachPack 2019

A world of new trends, perspectives, and opportunities awaits. Making its 2019 return, the FachPack trade show will extend across 12 exhibition halls to bring together around 45,000 visitors and more than 1,600 exhibitors specialising in all stages of the packaging process.

Greiner Packaging will also be in attendance, showcasing its wide range of products in Nuremberg, Germany, from September 24 to 26. This year’s clear focus will be on sustainable packaging solutions that can help in various ways to deliver a circular economy.

Petrochemicals Automotive Bottle Flakes

-US is closing in on Saudi Arabia to become the world’s top oil exporter, IEA says

“Booming shale production has allowed the U.S. to close in on, and briefly overtake, Saudi Arabia as the world’s top oil exporter,” the IEA said in its closely-watched monthly report on Thursday.

It comes at a time when the U.S. is actively pursuing “energy dominance,” regardless of what happens to oil prices.

Brent futures have tumbled more than 18% from a peak reached in April, with WTI down over 15% over the same period.Petrochemicals Automotive Bottle Flakes

Petrochemicals Automotive Bottle Flakes

-Aquafil’s Econyl Nylon Earns LEED Points in Four Categories

Atlanta, GA, September 12, 2019-Aquafil has announced that Econyl regenerated nylon contributes to LEED v4 points in four main categories.

LEED v4 is the most current version of the LEED green building rating system established by the U.S. Green Building Council.

LEED, or Leadership in Energy and Environmental Design, is the most widely used green building rating system in the world.

Aquafil's Econyl Nylon Earns LEED Points in Four Categories

-Land delays plague Indian refinery, petchem expansions

Indian state-controlled refiner IOC and private-sector Haldia Petrochemicals (HPL) have hit delays in planned refining and petrochemical projects because of problems with land acquisition.Petrochemicals Automotive Bottle Flakes

The projects, both in Odisha, need a combined 6,000 acres (60km²) of land, but the state government has only made a small amount of this available. It typically takes at least five years after land allocation and clearances before a project can be commissioned, IOC said.

IOC is planning to expand its 300,000 b/d Paradip refinery to 500,000 b/d to feed a proposed petrochemical complex, including a naphtha-based cracker, 1.2mn t/yr purified terephthalic acid (PTA) plant, 108,000t/yr polyester staple fibre plant, dual-feed cracker and petroleum coke gasification plant. The company has sought about 4,000 acres of land for the expansion, but the state government can only provide 800 acres.

Land delays plague Indian refinery, petchem expansions

Biofuels

-Gevo and Leaf Resources Sign a Joint Development Agreement

Colorado-based, Gevo, has signed a Joint Development Agreement (JDA) with Australian company, Leaf Resources to explore the potential use of cellulosic derived sugars and glycerol from Leaf and the ability to convert these to hydrocarbon molecules useful as fuels.

Gevo and Leaf Resources Sign a Joint Development Agreement

The JDA is structured around three phases of joint work designed to establish a bankable project. Phase 1 will develop the feasibility of a potential facility, followed by phases investigating the commercial development and commercialization of the project.

Gevo and Leaf Resources Sign a Joint Development Agreement

-Biodegradable plastics could actually INCREASE sea pollution because they are dumped in rubbish tips

Biodegradable plastics may really INCREASE sea air pollution as a result of they’re dumped in garbage ideas the place they do not break down, MPs warn

Setting, Meals and Rural Affairs Committee warn of ‘eco-friendly’ supplies

Particularly, they advise in opposition to plastic bottles and compostable buying baggage

Specialists say UK lacks infrastructure to make sure these are disposed of correctly

Biodegradable plastics could actually INCREASE sea pollution because they are dumped in rubbish tips

-Thies to introduce latest products at Shanghaitex 2019

Thies GmbH will be introducing latest products at Shanghaitex 2019 to be held from November 25-28. It will concentrate on sustainable product solutions and development of innovative and integrated concepts for fibre, yarn and fabric dyeing. Thies is into fabrication of high quality machines for yarn and piece dyeing, bleaching and drying equipment. Petrochemicals Automotive Bottle Flakes

At the fair, Thies will introduce iCone, a yarn dyeing machine ideal for bleaching and dyeing fibre in different forms like packages, warp beams, combed tops or flock. With the help of modern flow analysis tools, the pipe systems, pumps and their impellers have been optimised, reducing pressure losses and power consumption. It offers the ability to dye in a traditional manner by using reciprocating liquor circulation.

-Thies to introduce latest products at Shanghaitex 2019

-European beverage giant eyes 100% sustainable plastic bottles by 2030

Suntory Beverage Food Europe (SBFE) has sets out a roadmap to use fully recycled or plant-based materials across the entire portfolio of products by 2030.

The plan, unveiled Sept. 12, will see the beverage maker fully moving away from fossil fuel-based virgin plastic, through using existing mechanical recycling processes as well as new technologies.

The producer of Lucozade, Orangina, Ribena and TriNa drink brands said it would invest in innovative technologies like enzymatic recycling and Japanese “flake to preform” processing as part of its journey to 100 percent sustainable products.

European beverage giant eyes 100% sustainable plastic bottles by 2030

Petrochemicals Automotive Bottle Flakes

Polyamide Petrochemical Polymers Prices

Polyamide Petrochemical Polymers Prices

Polyamide Petrochemical Polymers Prices

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM09/09/201916/09/2019+/-
Bottle grade PET chips domestic market6,850 yuan/ton6,975 yuan/ton+125
Bottle grade PET chips export market870 $/ton885 $/ton+15
Filament grade Semidull chips domestic market

Polyamide Petrochemical Polymers Prices

6,650 yuan/ton6,800 yuan/ton+150
Filament grade Bright chips domestic market6,725 yuan/ton6,925 yuan/ton+200
Pure Terephthalic Acid PTA domestic market5,250 yuan/ton5,240 yuan/ton-10
Pure Terephthalic Acid PTA export market
660$/ton 655 $/ton-5
Monoethyleneglycol MEG domestic market4,830 yuan/ton5,165 yuan/ton+335
Monoethyleneglycol MEG export market560 $/ton603 $/ton+43
Paraxylene PX FOB  Taiwan market780$/ton783 $/ton+3
Paraxylene PX FOB  Korea market761 $/ton764 $/ton+3
Paraxylene PX FOB EU market

Polyamide Petrochemical Polymers Prices

710 $/ton722 $/ton+12
Polyester filament POY 150D/48F domestic market7,770 yuan/ton7,850 yuan/ton
+80
Recycled Polyester filament POY  domestic market7,200 yuan/ton7,300 yuan/ton+100
Polyester filament DTY 150D/48 F domestic market9,200 yuan/ton9,200 yuan/ton
Polyester filament FDY 68D24F domestic market 8,700 yuan/ton8,800 yuan/ton+100
Polyester filament FDY 150D/96F domestic market
Polyamide Petrochemical Polymers Prices
8,000 yuan/ton8,050 yuan/ton+50
Polyester staple fiber 1.4D 38mm domestic market7,250 yuan/ton7,550 yuan/ton+300
Caprolactam CPL domestic market12,350 yuan/ton12,600 yuan/ton
+250
Caprolactam CPL overseas  market1,450 $/ton1,450 $/ton
Nylon6 chips overseas  market1,710 $/ton1,710 $/ton
Nylon6 chips conventional spinning domestic  market13,200 yuan/ton13,400 yuan/ton+200
Nylon6 chips  high speed spinning domestic  market13,200 yuan/ton13,400 yuan/ton+200
Nylon 6.6 chips domestic  market23,000 yuan/ton22,800 yuan/ton-200
Nylon6 Filament POY 86D/24F domestic  market

Polyamide Petrochemical Polymers Prices

15,500 yuan/ton15,600 yuan/ton+100
Nylon6 Filament DTY 70D/24F domestic  market18,100 yuan/ton18,200 yuan/ton+100
Nylon6 Filament FDY  70D/24F  domestic  market16,400 yuan/ton16,400 yuan/ton-100
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market5,750 yuan/ton5,950 yuan/ton+200
Benzene overseas  market702 $/ton694 $/ton -8
Ethylene South East market800 $/ton790 $/ton-10
Ethylene NWE  market954 $/ton958 $/ton+4
Acrylonitrile ACN  domestic market12,500 yuan/ton12,500 yuan/ton
Acrylonitrile ACN  overseas market1,650 $/ton1,650 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,700 yuan/ton10,600 yuan/ton-100
PP Powder domestic market8,675 yuan/ton8,800 yuan/ton+125
Naphtha overseas market 

Polyamide Petrochemical Polymers Prices

478 $/ton471 $/ton
-7
Phenol domestic market 7,825 yuan/ton8,275 yuan/ton+450
PS Taiwan 5250 GPPS1,125 $/ton 1,130 $/ton+5
PS Taiwan 8250 HIPS1,230 $/ton 1,255 $/ton+25
LDPE CFR Far East 882 $/ton892 $/ton+10
LLDPE CFR Far East822 $/ton812 $/ton-10
LDPE   FOB Middle East868 $/ton878 $/ton+10
LLDPE FOB Middle East808 $/ton798 $/ton-10
HDPE CFR Far East878 $/ton888 $/ton+10
LDPE FD Northwest Europe 973 €/ton953 €/ton-20
LLDPE FD Northwest Europe 963 €/ton943 €/ton-20
Homopolymer PP CFR Far East960 $/ton970 $/ton+10
Homopolymer PP FD NWE1,051 €/ton1,051 €/ton

Polyamide Petrochemical Polymers Prices

Aquafil Econyl Polyamide Regenerated

Aquafil Econyl Polyamide Regenerated

Aquafil’s Econyl Nylon Earns LEED Points in Four Categories

Source : FloorDaily

Aquafil Econyl Nylon Regenerated

Aquafil has announced that Econyl Regenerated nylon contributes to LEED v4 points in four main categories. LEED v4 is the most current version of the LEED green building rating system established by the U.S. Green Building Council. LEED, or Leadership in Energy and Environmental Design, is the most widely used green building rating system in the world.

The four main LEED v4 categories that Econyl contributes to are:

* Integrative Process-Aquafil shares its knowledge and experience creating sustainable materials with project teams to collectively enhance human comfort and environmental benefits. Aquafil Econyl Polyamide Regenerated

* Indoor Environmental Quality-Econyl is a low emitting material. General Emissions Evaluation results ensure low VOC levels in Econyl products.

* Materials and Resources-In terms of Building Life Cycle Impact Reduction, Econyl has an 80% reduction on global warming potential compared to virgin nylon. And regarding Sourcing of Raw Materials, Econyl comes from 100% waste material of which a minimum of 50% post-consumer waste is certified.

* Innovation-Econyl  fosters advancement of the Circular Economy through nylon regeneration, going beyond recycling.Aquafil Econyl Polyamide Regenerated

Made from waste, like fishing nets and old carpets, Econyl is infinitely recyclable and can unleash infinite possibilities for designers and architects. Designers and specifiers can create new products and buy new products without having to use new resources.

For every 10,000 tons of Econyl raw material, 70,000 barrels of crude oil are saved, and 57,100 tons of CO2 equivalent emissions are avoided. Econyl is also UL and Cradle-to-Cradle certified.

Aquafil Environment Sustainability Report

Petrochemicals Automotive Carbon fibre 12-09-2019

Petrochemicals Automotive Carbon fibre

China – Polyethylene Terephthalate

PET and it’s chain are weak.

Crude oil price is weak.

Polyamide 6 and its chain are in health.

Acrylonitrile is steady.

PET Bottle grade export 800/860 $/ton PET Bottle grade domestic market 6,700/6,800 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 640/660 $/ton PTA domestic market 5,050/5,200 yuan/tonMEG  560/570 $/ton – MEG domestic market 4,700/4,800 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,300/7,400 yuan/ton

Petrochemicals Automotive Carbon fibre

BGPET NorthEast Asia FOB US$

Petrochemicals Automotive Carbon fibre

Crude Oil Prices Trend

Crude Oil Prices Trend

-Digitalization to drive circular economy according to German waste association

“Digitalization will significantly change today’s circular economy,” according to Naemi Denz, the Managing Director of the Waste Treatment and Recycling Association in the German Engineering Federation (VDMA). Denz says that digitally transmitted information, for example, will ensure that secondary raw materials can be designed with even greater precision. This topic will be among many at IFAT 2020, set for Germany in May, 2020.

“In the future, the composition of the input material will be analyzed in real time and the treatment process will be controlled by the output,” says Denz. “For mechanical and plant engineering this means that the trend moves away from pure mechanical treatment. Measuring and analysis devices will be used more commonly, as are automation components.” Petrochemicals Automotive Carbon fibre

Petrochemicals Automotive Carbon fibre

-Micromanufacturing using additive technology

Advances in additive manufacturing technology have not always led to bigger and bigger builds, as Tel Aviv, Israel-based Nanofabrica demonstrates.

The company has developed an AM platform that can produce miniaturized products and components with micron resolution features at volume.

Earlier this year, Israeli additive manufacturing innovator Nanofabrica commercially launched its micro 3D printing technology that reaches micron-level accuracy over a build envelope of 5 by 5 by 10 centimeters.

Petrochemicals Automotive Carbon fibre

-Additive manufacturing won’t make other technologies obsolete

Amid the general euphoria about the opportunities presented by additive manufacturing, there are those who take a more level-headed view of the disruptiveness of the technology. Petrochemicals Automotive Carbon fibre  

According to Nigel Flowers, United Kingdom managing director of Sumitomo (SHI) Demag, for example, injection molding and additive manufacturing are more complementary to one another than competitors.

Petrochemicals Automotive Carbon fibre

-Reliance Industries, World’s largest polyester fiber maker, aims to make ‘sustainable clothing’ affordable

Bhubaneswar: ‘Sustainable fashion’ is becoming a buzz word in the fashion industry as large corporates, textile manufactures, fashion designers and renowned fashion houses are aggressively putting their act together to meet the burgeoning demand for sustainable fashion apparels.

Today, the youth is aware and conscious about the environment and they are demanding sustainable products, having lowest carbon footprints and one that can be disposed of with least harm to the environment. Petrochemicals Automotive Carbon fibre  

Reliance Industries Ltd (RIL), the world’s largest integrated polyester yarn and fibre producer, has taken a big stride to make ‘sustainable clothing’ affordable and accessible, taking a leaf from the success story of the group’s telecom venture Jio in getting volumes with competitive pricing, a top RIL official said.

Petrochemicals Automotive Carbon fibre

-US PET and aromatics markets face major restructuring if plastics recycling goals met by 2030

Meeting current US recycled plastics content goals by 2030 would significantly alter the region’s PET resin and upstream aromatics markets, according to a recent analysis from Wood Mackenzie. Petrochemicals Automotive Carbon fibre  

Wood Mackenzie’s analysis estimates the amount of PET bottles required to meet the 25 per cent rPET content goal for carbonated soft drink and PET water bottles is equivalent to 1.5 million tonnes in 2025 and 2.2 million tonnes in 2030.

US PET and aromatics markets face major restructuring if plastics recycling goals met by 2030

-Equate inaugurates MEGlobal Oyster Creek site11

The Equate Group has inaugurated its new MEGlobal Oyster Creek site in Texas, US. A part of Equate’s wholly owned subsidiary, MEGlobal Americas Inc (MEGlobal), the world-scale manufacturing facility will capitalise on US shale gas. It has annual capacity to produce 750,000 metric tons of ethylene glycol (EG), including monoethylene and diethylene glycol.

“This is a major achievement for the Equate Group and will benefit both Kuwait and the US,” said Equate president and CEO Ramesh Ramachandran. “With a growing global market for EG products, it will provide us with greater flexibility to satisfy our customers’ needs while capitalising on the US shale gas opportunity. This site builds on our global footprint and is part of our strategy to grow our value-added business as a leading ethylene glycol producer and supplier.” Petrochemicals Automotive Carbon fibre  

Petrochemicals Automotive Carbon fibre

-China unveils lists of US goods to be excluded from additional tariffs

China will exclude 16 products from a 25% additional tariff on US goods for a year starting from 17 September 2019 to 16 September 2020, the Customs Tariff Commission of the State Council said in a statement on Wednesday.

They make the first list of such exemptions and more are expected to come in future, the Commission said.

The listed products are mostly covered in China’s tariffs on $16bn of US goods enacted on 24 August last year.Petrochemicals Automotive Carbon fibre  

Under the arrangement, importers can get paid tariffs refunded for 12 products (see table 1) while the remaining 4 products (table 2) will not enjoy repayment.

China unveils lists of US goods to be excluded from additional tariffs

-ITMA 2019 — Just a Few of The “Cool” Things on Display

ITMACoolStuffOpenerTechnology highlights from the industry’s largest textile machinery show focused on innovation, Industry 4.0 and sustainability.

If one hasn’t yet been to or experienced an actual ITMA show, one needs to go because it is incredibly difficult to accurately describe in words the sheer magnitude of the event.

ITMA — a quadrennial textile trade show owned by the European Committee of Textile Machinery Manufacturers (CEMATEX) and organized by Brussels-based ITMA Services — can be truly awe-inspiring to grizzled veterans and new comers alike.

ITMA 2019 — Just a Few of The “Cool” Things on Display

-Decision on EU titanium dioxide classification expected within weeks

Commission to adopt delegated act after Caracal meeting on 18 September

The European Commission is set to adopt its controversial proposal to classify titanium dioxide as a carcinogen just weeks after a final consultation with the competent authorities for REACH and CLP (Caracal) on 18 September.Petrochemicals Automotive Carbon fibre  

The category 2 classification proposal for inhalable powder forms of the substance has been plagued by fierce and consistent opposition from industry and several EU member states, as well as a tide of protests from international trading partners, such as the United States.

Decision on EU titanium dioxide classification expected within weeks

-Beverage brands bank on rPET for packaging sustainability

Coca-Cola European Partners commits to 100% recycled plastic bottles for Honest teas, Glacéau Smartwater and Chaudfontaine brands—and to trialing refillable glass bottles.

Different continents, different tactics.

In August, Packaging Digest reported Coca-Cola Co.’s new broad-based sustainable packaging plan for Dasani packaged water that includes major moves into hybrid bottles and aluminum cans (see Dasani’s next 5 steps to greater packaging sustainability).

The company’s counterpart in Europe, Coca-Cola European Partners (CCEP), is taking a different, more concentrated path to greater sustainability.

Beverage brands bank on rPET for packaging sustainability

-European construction continues to build steady growth despite economic pessimism

Traditionally, September marks a buoyant period for the European petrochemicals industry as buyers and sellers return in earnest from summer breaks, prompting a flurry of activity before Christmas shutdowns.

This year, however, the outlook for many is more pessimistic, with expectations that a prolonged slump in trading will stretch beyond the longer days and good weather.

The automotive industry continues to flounder in the wake of more stringent emissions regulations, while demand for consumer goods remains weak in response to the ongoing US-China trade war.

European construction continues to build steady growth despite economic pessimism

Petrochemicals Automotive Recycled Fibers 11-09-2019

Petrochemicals Automotive Recycled Fibers 11-09-2019

Petrochemicals Automotive Recycled Fibers

China – Polyethylene Terephthalate

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

Crude oil price is steady.

Polyamide 6 and its chain are firm.

Acrylonitrile is steady.

PET Bottle grade export 800/860 $/ton PET Bottle grade domestic market 6,700/6,800 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 640/660 $/ton PTA domestic market 5,050/5,200 yuan/tonMEG  560/570 $/ton – MEG domestic market 4,700/4,800 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,300/7,400 yuan/ton

Petrochemicals Automotive Recycled Fibers

Crude Oil Prices Trend

Crude Oil Prices Trend

-Reliance Industries looks to invest in waste management startups

Reliance Industries is scouting for waste segregation, recycling, and waste-to-energy technologies, and has reviewed applications from a few hundred startups. The company is looking for a model that can be replicated.

Reliance Industries (RIL), India’s largest private company by revenues, has gone on record and said it wants to support waste treatment and management startups, both domestic and global.

“We are looking to fund and are scouting around for all the technology available for waste segregation, recycling, and waste-to-energy. We are thinking about the bets we should be making in this regard,” said Vipul Shah, Chief Operating Officer, Petrochemicals, RIL, as reported by Mint. Petrochemicals Automotive Recycled Fibers

Petrochemicals Automotive Recycled Fibers

-ITME Africa 2020 to be held in February next year

Society, the apex non-profit industry body from India, organised a press conference at Addis Ababa, Ethiopia to promote its international event ITME Africa 2020 scheduled from February 14-16. The event was attended by officials from Embassy of Indonesia, Embassy of Rewanda, European Council of Industry Association, Exim Bank India and many Indian industries. Petrochemicals Automotive Recycled Fibers

Anurag Srivastava, ambassador of India to Ethiopia, Embassy of India, Ethiopia spoke about the long history of bi-lateral trade between India & Ethiopia and ongoing activities to further strengthen this historic participation.

Petrochemicals Automotive Recycled Fibers

-The future imagined for used oil sees SA embracing a closed loop economy

South Africa needs to move towards a more circular economy and away from the traditional focus on diversion from water and soil resources.

Moving towards a more circular economy – which is based on the principle of using, recycling, and reusing in an (almost) closed loop – could deliver opportunities including reduced pressures on the environment; enhanced security of supply of raw materials; increased competitiveness; innovation; growth and jobs. However, the shift also poses challenges such as financing; skills; consumer behaviour and business models; and multi-level governance. Petrochemicals Automotive Recycled Fibers

Petrochemicals Automotive Recycled Fibers

-Starlinger has circularity in the bag

At K 2019, Starlinger & Co. GmbH is presenting a closed loop system for big bags made from woven polypropylene. The sustainable concept ‘circular packaging’ will be Starlinger’s main theme at K 2019 as well as at the Starlinger Open House in Weissenbach, Austria.

Worldwide, more than 380 million four-loop big bags are sold every year, which equates to an annual recycling potential of around 800,000 tonnes of material.

Petrochemicals Automotive Recycled Fibers

-Sustainability is front and center as Shuman debuts new packaging

Shuman Farms, a leading year-round producer and shipper of Vidalia and Peruvian sweet onions, announced big changes to the look, feel and sustainability of its organic packaging. Through the use of a different netting and thinner film and plastic in the new consumer bags will be reduced by 38 percent while maintaining the structural integrity of packaging.SweetBagLabel  Petrochemicals Automotive Recycled Fibers

“The revamp of our organic packaging is just the beginning of an overall initiative to increase sustainability across all of our RealSweet brand products,” said John Shuman, president Shuman Farms. “Innovative marketing is a part of our core values, and we believe that innovation should lead to more sustainable offerings at retail following trends of consumer and retailer demand.”

Sustainability is front and center as Shuman debuts new packaging

-Natural Farm Pet Food Packaging Goes Green with Braskem’s Sustainably Sourced Sugarcane Based Bioplastic

Braskem announces new partnership with Natural Farm Pet Food to provide Braskem’s I’m green™ Polyethylene (PE) bioplastic for its recyclable dog food packaging

Braskem , the largest thermoplastics polyolefins producer in the Americas and leading producer of biopolymers in the world, and Natural Farm, a leading provider of 100% natural pet food based in Atlanta, today announced the adoption of Braskem’s I’m greenTM Polyethylene (PE) bioplastic for the consumer packaging of its Natural Farm’sTM line of high-quality pet food products.

Petrochemicals Automotive Recycled Fibers

-Sonoco Launches EnviroSense Sustainable Packaging Development Initiative

New product innovations focus on meeting demand for environmentally-conscious packaging.

Sonoco announced the creation of its new EnviroSense sustainable packaging initiative. Crossing a range of packaging materials, including cans made from 100% recycled paper-board, rigid plastic packaging containing post-consumer recycled content, mono-material flexible pouches that are recyclable, and innovative packaging made from agricultural fi-bers, EnviroSense products are designed to incorporate a number of elements associated with more sustainable packaging. Petrochemicals Automotive Recycled Fibers

Sonoco Launches EnviroSense Sustainable Packaging Development Initiative

-Nexant Announces New Sustainability in Plastics Course

Nexant, a leading advisor in the energy and chemicals sector, has announced a new workshop that gives attendees a greater understanding of the fundamentals of the plastics industry and how we can take action to achieve a more sustainable model for the future.

Plastic professionals (supply chain, purchasing, manufacturing, material and application design, recycling/recovery), material sustainability professionals, and other stakeholders (policy makers, NGOs, educators) are invited to attend.

This course will be led by Nexant’s Senior Trainer, Ron Horton, and Professor/Consultant Ken Miller, who have a combined 79 years of experience in chemicals and plastics.

Petrochemicals Automotive Recycled Fibers

-IS ITALY ECO-FRIENDLY? AN EXPLAINER OF OUR RECYCLING SYSTEM

From color-coded bins to bottle-eating machines, this is how we dispose of our waste

Last Thursday I finally managed to dip my toes in the sand. Better late than never, some of you might think.

I woke up around four in the morning and waited on the shore for sunrise. When the sun peaked over the horizon, I was in awe.

The view was terrific, as the dawn was painted with thousands of shades of pink. But, despite the dreamy atmosphere, my eyes caught a shocking view: the coastline was studded with plastic. Petrochemicals Automotive Recycled Fibers

Empty bottles, remains of toys, cups and many more objects were just laying there, scattered between the waves and the wet dunes.

IS ITALY ECO-FRIENDLY? AN EXPLAINER OF OUR RECYCLING SYSTEM

-Sonatrach selects Honeywell technology for propylene production

Honeywell has announced that Sonatrach Total Entreprise Polymères (STEP) has selected Honeywell UOP’s C3 OleflexTM technology to produce 565 000 tpy of polymer-grade propylene for a proposed plant in Arzew, Algeria.

In addition to technology licensing, Honeywell is providing the basic engineering design, services, equipment, catalysts and adsorbents for the plant. When completed, it will represent UOP’s second C3 Oleflex unit in North Africa, following an earlier award in Egypt.

Sonatrach selects Honeywell technology for propylene production

-PolyOne additives enable PET bottles to mimic frosted and etched glass

The launch of the Smartbatch Frost Collection from PolyOne (Avon Lake, OH) gives marketers a distinctive look on-shelf: the translucent color series for PET and recycled PET (rPET) bottles mimics frosted and etched glass to enhance the bottles’ perceived value.

The Collection was developed in response to increasing demand from regional brands in China for greater product differentiation, especially in health, beauty and personal care packaging for greater product differentiation, shelf appeal and environmental responsibility. Petrochemicals Automotive Recycled Fibers

PolyOne additives enable PET bottles to mimic frosted and etched glass

-UK chems worse-performing industrial sector in May-July

The UK’s chemicals industry suffered a fall in output of 4.8% in the three months to July amid “widespread weakness” in 11 of the 13 manufacturing sectors measured by the country Office for National Statistics (ONS).

Industrial production fell by 0.5% for the three months to July, compared to the previous three months. Petrochemicals Automotive Recycled Fibers

Manufacturing (-1.1%) and mining and quarrying (-1.2%) posted declines, which were partially offset by rises in electricity and gas (2.8%) and water and waste (1.7%).

UK chems worse-performing industrial sector in May-July

Petrochemicals Automotive Chemicals Fibers 10-09-2019

Price Monoethylene Glycol Europe

Price Monoethylene Glycol Europe

September contract price of MEG in Europe fell by EUR29 per ton

Price Monoethylene Glycol Europe

MOSCOW – The contract price of monoethylene glycol (MEG) for September in Europe was finally agreed at EUR606 per tonne, which is EUR29 per tonne lower than the level of the previous month, ICIS reported.

A minimum configuration of two manufacturers and consumers is required to consider the agreement fully confirmed.P

The MEG contract price for September shipments was agreed on the terms of delivery of FD NWE (with delivery to North-West Europe).

MEG along with terephthalic acid (PTA) is one of the main components for the production of polyethylene terephthalate (PET).

According to ScanPlast of Market Report, in Russia the total estimated consumption of PET in July of this year decreased by 4% compared to the figure a year earlier. In total, according to the results of the seven months of 2019, 428.79 thousand tons of PET were processed in the Russian Federation. Price Monoethylene Glycol Europe 

mrcplast.ru

Author: Anna Larionova

 

Related Topics

Petrochemicals Automotive Chemicals Fibers 10-09-2019

Petroch

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price is strong.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,750/6,900 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 650/670 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  550/560 $/ton – MEG domestic market 4,650/4,750 yuan/tonPX Korea 770/780 $/ton

Polyester POY 150D/48F  domestic market 7,650/7,750  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Petrochemicals Automotive Chemicals Fibers

-September contract price of MEG in Europe fell by EUR29 per ton

The contract price of monoethylene glycol (MEG) for September in Europe was finally agreed at EUR606 per tonne, which is EUR29 per tonne lower than the level of the previous month, ICIS reported.

A minimum configuration of two manufacturers and consumers is required to consider the agreement fully confirmed.

September contract price of MEG in Europe fell by EUR29 per ton

Crude Oil Prices Trend

Crude Oil Prices Trend

-Roica infuses eco-smart technology at Eurobike

Roica partners presented their own well-constructed fabric collections. © Asahi KaseiEurobike, the world’s leading trade fair for the cycling industry that took place last week in Friedrichshafen, Germany, included Roica smart innovations into the race. Cycle retailers, brands and manufacturers discovered Roica premium stretch by Asahi Kasei that has been developed to provide comfort and movement as it energises.

“Spearheading the premium stretch market, Roica partners’ materials elevate new standards for high-tech performance that can enhance cycling products to compete responsibly. Roica partners excite you as they show a fantastic range of stretch essentials for cycling clothing, gear, and apparel that offer solid performance perks,” the company reports. Petrochemicals Automotive Chemicals Fibers

Petrochemicals Automotive Chemicals Fibers

-Italian Converter to celebrate 25 years with PV

At Première Vision (PV) Paris to be held from September 17-19, Italian Converter, a manufacturer of fabrics for footwear, leather goods, clothing, etc, will celebrate its 25th anniversary and present ECO Kosmos, a cross-collection, a brand-new ‘green line range’ shining a light on the company’s responsible path and unique ‘blend’ for fashion of tomorrow.

‘The soul of sustainable fashion is an alchemy, a combined commitment and an act of responsibility’ –will be the motto embossed in the collections and the values of Italian Converter, according to a press release by the company. The acronym ECO stands for Ecologic, Conversion, Optimisation; three unique concepts and values that truly embody Italian Converter DNA namely sustainability, transformative process and quality improvement. Petrochemicals Automotive Chemicals Fibers

Petrochemicals Automotive Chemicals Fibers

-Sustainable Packaging Company TIPA Raises $25M To Fuel Growth

TIPA Corp, a developer of biodegradable packages for the food, drink, and fashion industries, announced the closure of a $25 million funding round by investors including Blue Horizon Ventures, Triodos Organic Growth Fund and existing investors Chestnut and GreenSoil Investments.

TIPA said in a statement that the funding will enable the company to continue its growth, expand its sales in new territories, and further develop its portfolio of unique packaging solutions. Petrochemicals Automotive Chemicals Fibers

Petrochemicals Automotive Chemicals Fibers

-Dow, SCG to make recycled, sustainable products

In a far-reaching program, plastics and chemicals giant Dow Inc. will work with industrial firm SCG of Thailand on a range of sustainable products.

Products made by the partnership will include recycled resin, recycled products made from plastic waste, petrochemical feedstocks from plastic waste and renewable plastic resins. The agreement was signed Sept. 6 in Bangkok.

Dow, SCG to make recycled, sustainable products

-New compounds extend the range of applications for biobased thermoplastics

FKuR will be showcasing its expanded portfolio of biobased thermoplastics for a growing range applications including packaging, consumer products, sporting goods, and technical parts at K 2019.

Current additions to the portfolio include two glass-reinforced grades with the Bio-Flex and Terralene product family, both with high rigidity, and three Terraprene TPE grades, one of which is characterised by its high bio-content, while the other two are oil-free.

Petrochemicals Automotive Chemicals Fibers

-Europe September PP export prices to the CIS markets fall

Export polypropylene (PP) prices for September shipments to the CIS markets have fallen, according to the ICIS-MRC Price report.

The reduction follows a decrease in the September propylene contract price which settled down by €50/tonne from the previous month.

All market participants said European producers reduced their export prices of propylene polymers for this month’s shipments, but in some cases, the decrease was less than the cut in European propylene. Petrochemicals Automotive Chemicals Fibers

Deals for September shipments of propylene homopolymers  (homopolymer PP) were discussed in the range of €1,005-1,055/tonne FCA (free carrier), down by €30-50/tonne from August.

Deals for block copolymers of propylene (PP block copolymers) were negotiated in the range of €1,090-1,130/tonne FCA, also down by an average of €30-50/tonne.

Europe September PP export prices to the CIS markets fall

-PET Resin Market will likely see excellent gains in key business segments

HTF MI released a new market study on Global PET Resin Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand in depth analysis. “Global PET Resin Market by Type (, Saturated Polyester & Unsaturated Polyester), by End-Users/Application (Packaging, Electronic & Applicance, Medical Device, Construction & Automotive), Industry Size, Organizations, and Region – Forecast and outlook to 2025”. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, focused opinions, details, and industry certified market data. The research study provides estimates for Global PET Resin Forecast till 2025*. Some of the key players profiled are DuPont, Eastman, SK Chemicals, Indorama Ventures, DAK, M&G Chemicals, Far Eastern New Century Corporation, JBF, OCTAL, TEIJIN, Dhunseri Petrochem & Tea, Lotte Chemical, SABIC, Nan Ya Plastics, Petroquimica Suape, KoKsan, EIPET, Selenis, NEO GROUP, Zhejiang Hengyi, Sinopec Yizheng Chemical Fibre, Sanfangxiang Group, Since CR Chemicals, Rongsheng petrochemical, Wankai New Materials, Far Eastern Industry, Zhenbang Fibre & Thai PET Resin Co., Ltd. etc.

PET Resin Market will likely see excellent gains in key business segments

-OPEC Needs A Miracle To Push Prices Higher

It’s not a secret: OPEC has painted itself into a corner by relying exclusively on supply control to be able to manipulate international oil prices in a way that is favorable for its members. Right now, prices are depressed and that has nothing to do with supply. Could OPEC’s grip on oil prices be slipping irreparably? Petrochemicals Automotive Chemicals Fibers

When OPEC first announced that its members had agreed to put a cap on their production to reverse a steep drop in prices, it worked. Prices had been pushed to lows last seen more than a decade ago by the U.S. shale boom and OPEC’s own attempt to halt it by turning the taps on to maximum flow. When OPEC said it would reduce this flow, prices rebounded, providing much-needed relief to oil-reliant economies in the Gulf—it also provided relief to oil producers around the world, including the U.S. shale patch.

OPEC Needs A Miracle To Push Prices Higher

-Varvaressos raises sustainability bar

Supreme Green Cotton. © VarvaressosAt Première Vision Paris this month, the Greek yarn manufacturer Varvaressos will unveil the new generation of smart cotton, born from an innovative and socially responsible system granting sustainability from the cotton seed to the garment, while supporting farmers and businesses at the foot of Mount Olympus.

“Organic cotton is a fundamental first step, but for us it wasn’t enough,” said Argirios Sarridis, Managing Director of Varvaressos. “As a true master in smart cotton science, the company has raised the bar by augmenting the skills and heritage of local farmers and businesses.” Petrochemicals Automotive Chemicals Fibers

Varvaressos raises sustainability bar

-Ram Vilas Paswan chairs high-level meeting to find alternative for plastic

While suggesting a permanent solution to environmental degradation caused by the use of plastics, Union minister Ram Vilas Paswan said that plastic should be banned and replaced and recycling is not a permanent solution to the problem.

Ram Vilas Paswan holds the Ministry of Consumer Affairs, Food and Public Distribution in the Narendra Modi cabinet.

Union minister Ram Vilas Paswan met key stakeholders from Plastic bottle industry and senior government officials from various ministries on Monday to find suitable alternatives for single-use plastic.

During the meeting, various alternatives to plastics were discussed including Glass, Metal, Paper and Natural Polymers.

Ram Vilas Paswan chairs high-level meeting to find alternative for plastic While suggesting a permanent solution to environmental degradation caused by the use of

-Polykar plans to build new manufacturing plant in Edmonton

The proposed 50,000-square-foot facility will add about 30 million pounds of production capacity to the Montreal-based packaging supplier’s product lines.

Polykar, a Montreal-based manufacturer of flexible packaging, is planning to build a new manufacturing facility in Edmonton, Alta.

The company – which makes polyethylene film, certified compostable bags, garbage bags as well as food and industrial grade liners – announced on Sept. 9 that it has acquired a site to construct a new state-of-the-art plant in Edmonton. This second facility will add approximately 30 million pounds of production capacity to all of Polykar’s product lines and expand the company’s reach and expertise to serve the retail, commercial, and institutional sectors.

Polykar plans to build new manufacturing plant in Edmonton

Polyolefins Petrochemical Polymers Prices

Polyolefins Petrochemical Polymers

Polyolefins Petrochemical Polymers

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM02/09/201909/09/2019+/-
Bottle grade PET chips domestic market6,800 yuan/ton6,850 yuan/ton+50
Bottle grade PET chips export market860 $/ton870 $/ton+10
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Polymers

6,525 yuan/ton6,700 yuan/ton+175
Filament grade Bright chips domestic market6,650 yuan/ton6,7250 yuan/ton+100
Pure Terephthalic Acid PTA domestic market5,110 yuan/ton5,250 yuan/ton+140
Pure Terephthalic Acid PTA export market
670 $/ton 660 $/ton-10
Monoethyleneglycol MEG domestic market4,610 yuan/ton4,830 yuan/ton+220
Monoethyleneglycol MEG export market544 $/ton560 $/ton+16
Paraxylene PX FOB  Taiwan market786 $/ton780 $/ton-6
Paraxylene PX FOB  Korea market767 $/ton761 $/ton-6
Paraxylene PX FOB EU market

Polyolefins Petrochemical Polymers

700 $/ton710 $/ton+10
Polyester filament POY 150D/48F domestic market7,625 yuan/ton7,770 yuan/ton
+145
Recycled Polyester filament POY  domestic market7,150 yuan/ton7,200 yuan/ton+50
Polyester filament DTY 150D/48 F domestic market9,100 yuan/ton9,200 yuan/ton+100
Polyester filament FDY 68D24F domestic market 8,650 yuan/ton8,700 yuan/ton+50
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Polymers
8,000 yuan/ton8,000 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market7,150 yuan/ton7,250 yuan/ton+100
Caprolactam CPL domestic market12,200 yuan/ton12,350 yuan/ton
+150
Caprolactam CPL overseas  market1,450 $/ton1,450 $/ton
Nylon6 chips overseas  market1,710 $/ton1,710 $/ton
Nylon6 chips conventional spinning domestic  market12,900 yuan/ton13,200 yuan/ton+300
Nylon6 chips  high speed spinning domestic  market13,100 yuan/ton13,200 yuan/ton+100
Nylon 6.6 chips domestic  market23,100 yuan/ton23,000 yuan/ton-100
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Polymers

15,500 yuan/ton15,500 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market18,200 yuan/ton18,100 yuan/ton-100
Nylon6 Filament FDY  70D/24F  domestic  market16,500 yuan/ton16,400 yuan/ton-100
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market5,450 yuan/ton5,750 yuan/ton+300
Benzene overseas  market682 $/ton702 $/ton +20
Ethylene South East market830 $/ton800 $/ton-30
Ethylene NWE  market965 $/ton954$/ton-11
Acrylonitrile ACN  domestic market11,900 yuan/ton12,500 yuan/ton+600
Acrylonitrile ACN  overseas market1,600 $/ton1,650 $/ton+50
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,900 yuan/ton10,700 yuan/ton-200
PP Powder domestic market8,550 yuan/ton8,675yuan/ton+125
Naphtha overseas market 

Polyolefins Petrochemical Polymers

467 $/ton478 $/ton
+11
Phenol domestic market 7,563 yuan/ton7,825yuan/ton+262
PS Taiwan 5250 GPPS1,123 $/ton 1,125 $/ton+2
PS Taiwan 8250 HIPS1,240 $/ton 1,230 $/ton-10
LDPE CFR Far East 917 $/ton882 $/ton-35
LLDPE CFR Far East830 $/ton822 $/ton-8
LDPE   FOB Middle East903 $/ton868 $/ton-35
LLDPE FOB Middle East816 $/ton808 $/ton-8
HDPE CFR Far East898 $/ton878 $/ton-20
LDPE FD Northwest Europe 993 €/ton973 €/ton-20
LLDPE FD Northwest Europe 973 €/ton963 €/ton-10
Homopolymer PP CFR Far East1,000 $/ton960 $/ton-40
Homopolymer PP FD NWE1,041 €/ton1,051 €/ton+10

Polyolefins Petrochemical Polymers

Petrochemicals PET Chemicals Fibers 09-09-2019

Petrochemicals PET Chemicals Fibers

Polyolefins Petrochemical Polymers Prices

Petrochemicals PET Chemicals Fibers

China : Polyamide 6,6 domestic market prices

 

Crude Oil Prices Trend

Crude Oil Prices Trend

-Arçelik Commitment to Sustainability is Simply Inspirational

When leaving a keynote address at a consumer tech show of any shape or size, some of the typical feelings or emotions that one might experience are genuinely wowed (at the product launch), relieved (that it’s over), and perhaps sleepy (having sat through another boring product pitch).

Rarely—if ever—would I say that I’ve gotten up from my chair or cardboard box seat and felt inspired.

But that’s exactly the type of emotion that Hagan Bulgurlu, the CEO of Arçelik, inspired in a fair majority of those in attendance for the final IFA 2019 keynote.

Petrochemicals PET Chemicals Fibers

-US August ethylene contracts delayed amid higher production costs

US August ethylene contracts have not fully settled and will likely be part of a two-month settlement in early October, amid mixed views about production costs.

Cracker cash costs rose by about 0.5 cent/lb for August. Ethane prices have risen on strong demand and higher ethylene prices. The following chart shows recent price movement for feedstock ethane.

Petrochemicals PET Chemicals Fibers

-Turkey calls on U.S. to lift barriers to boost trade

Turkey asked the United States to lift trade barriers between the two countries during talks on Saturday aimed at sharply increasing bilateral commerce, Turkey’s trade minister said.

Washington and Ankara have set an ambitious goal of quadrupling their trade to $100 billion a year, despite the prospect of U.S. sanctions over Turkey’s recent purchase of Russian missile defense systems.

Turkey calls on U.S. to lift barriers to boost trade

-Textile Chemicals Market Rising Demand for Smart Technical Textiles

Transparency Market Research has released a new market report titled “Textile Chemicals Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. According to the report, the global textile chemicals market is projected to be worth US$ 31,860 Mn by 2026, expanding at a CAGR of 3.7% from 2018 to 2026. Textile chemicals are employed as a part of textile manufacturing processes. They are utilized in spinning, pretreatment, dyeing, finishing, and other textile processes.

Petrochemicals PET Chemicals Fibers

-Creating a sustainable future for plastics with a circular economy

Today we produce almost 400 million tonnes of plastics every year. Global population growth and a growing middle class means that, in just a few decades, the demand for goods and packaging made from plastics is set to rise three-fold.

Plastics are everywhere and yet we take them for granted. They keep us safe through medical devices, they keep food fresh and hygienic through packaging, and they are an essential part of making aeroplanes fly.

Creating a sustainable future for plastics with a circular economy

-U.S. will sanction whoever purchases Iran’s oil: official

The United States will continue to impose sanctions on whoever purchases Iran’s oil or conducts business with Iran’s Revolutionary Guards and no oil waivers will be re-issued, a U.S. official told Reuters on Sunday.

“We will continue to put pressure on Iran and as President (Trump) said there will be no waivers of any kind for Iran’s oil,” said Sigal Mandelker, U.S. Treasury Under Secretary for Terrorism and Financial Intelligence.

U.S. will sanction whoever purchases Iran's oil: official

-Iranian tanker row: Oil ‘sold’ in defiance of US threats

Satellite images appeared to show the vessel, the Adrian Darya-1, off the coast of Syria on Friday.

But an Iranian foreign ministry spokesman would only say the ship had delivered its cargo after docking “on the Mediterranean coast”.

The ship has been at the centre of a US-Iran diplomatic tussle.

It was seized by British marines off Gibraltar in July and held there until 15 August when Iran gave assurances it would not sail to Syria.

The US vowed on Sunday to impose sanctions on any buyer of the oil.

Iranian tanker row: Oil 'sold' in defiance of US threats

-PHA: A biopolymer whose time has finally come

Amid the growing plastic waste crisis, producers of polyhydroxyalkanoate think the world is ready for their biodegradable polymers

At Silicon Valley Clean Water in Redwood City, California, an installation assembled from a shipping container, plastic piping, brackets, and a small steel reactor is testing technology that could lead to a more sustainable plastic.

Mango Materials has run this pilot facility since 2015. Raw biogas—which contains methane, carbon dioxide, and hydrogen sulfide—from the water treatment plant bubbles through the reactor. Bacteria in the vessel metabolize the methane into the biopolymer poly(3-hydroxybutyrate), or PHB.

PHA: A biopolymer whose time has finally come

-Expert says Bundaberg has biofuel potential

A biofuels expert has briefed Council on the future potential for a biofuel industry in the Bundaberg Region.

TfA engineering manager Keith Sharp said the region produced many of the common types of materials used to create biofuels, known as feedstocks.

“There’s a lot of potential within the Bundaberg Region,” Keith said.

“There is quite a diverse range of agricultural crops and there’s obviously the sugar industry as well.”

Expert says Bundaberg has biofuel potential

-France says EU won’t grant Brexit extension if U.K. doesn’t have a plan

French Foreign Minister Jean-Yves Le Drian said Sunday that the European Union will not grant the U.K. an extension to its Oct. 31 Brexit deadline if the current situation doesn’t change, Bloomberg reports.

“We won’t start over again every three months. Let the British Parliament, let the British authorities tell us what’s the path.”

Why it matters: Parliament passed a law last week that will force Prime Minister Boris Johnson to seek an extension from the EU if a last-minute deal isn’t struck at the European Council meeting on Oct. 17 and 18. Johnson has repeatedly said that he will not seek an extension under any circumstances and that Brexit must be delivered on Oct. 31, even if it means crashing out of the EU without a deal.

France says EU won't grant Brexit extension if U.K. doesn't have a plan

Petrochemicals PET Sorting Recycling 07-09-2019

Petrochemicals PET Sorting Recycling

-DiloGroup On Display At Techtextil India

DiloGroup, consisting of DiloSpinnbau, DiloTemafa, DiloMachines and DiloSystems, offers production machinery for complete processes to make needled staple fibre nonwovens, from fibre preparation, to carding, crosslapping or aerodynamic webforming, needlepunching or other consolidation technologies for any fibre material.

In its 117 year history, the company has always set new standards in regard to machine performance and efficiency. Innovative technologies like DI-LOUR, DI-LOOP and Hyperpunch have created new markets for the nonwovens industry and have contributed to continuous growth. Petrochemicals PET Sorting Recycling 

Petrochemicals PET Sorting Recycling

-FPG units report disappointing sales

ABOMINABLE AUGUST:Formosa Plastics Group’s four major companies saw revenue decline mainly due to weak product prices, sluggish demand and plant maintenance

Formosa Plastics Group’s (FPG, 台塑集團) four major units reported disappointing sales for last month, as product prices dropped further amid languid demand.

Formosa Chemicals & Fibre Corp (FCFC, 台灣化學纖維), which manufactures integrated plastic and nylon products, saw sales decline 28.62 percent annually and 5.36 percent monthly to NT$25.99 billion (US$831.5 million), as its major products’ prices declined by more than US$200 per tonne compared with a year earlier, company vice chairman Hong Fu-yuan (洪福源) told a media briefing in Taipei.

Petrochemicals PET Sorting Recycling

-Plastics recycling technology roundup: Sept. 6, 2019

Plastics Recycling Update iconDow is recognized for a polyurethane foam chemical recycling technology, and a project testing invisible packaging markers to improve optical sorting wraps up. Petrochemicals PET Sorting Recycling 

Mattress foam recovery: Dow won an award for its technology to break down polyurethane foam from end-of-life mattresses into polyols. Optimized over the past year, the process creates what Dow is branding “RENUVA” polyols. They can be tailored for applications such as flexible foam or rigid foam for construction application. “Replacement of up to 25 percent of the virgin polyol in conventional flexible foam recipes was achieved without deterioration of the foam physical properties,” according to a press release. The technology received a sustainability award from Business Intelligence Group.

Petrochemicals PET Sorting Recycling

-U.S. Chemical Production Fell In July

According to the American Chemistry Council (ACC), the U.S. Chemical Production Regional Index (U.S. CPRI) fell by 0.9 percent in July following revised declines of 0.8 percent in June and 0.6 percent in May. During July, chemical output was lower in all regions, with the largest declines in the Mid-Atlantic, Northeast and West Coast regions.

Chemical production was mixed over the three-month period. There were gains in the production three-month moving average (3MMA) output trend in chlor-alkali and other inorganic chemicals. These gains were offset by declines in the output of pesticides, synthetic rubber, coatings, fertilizers, consumer products, plastic resins, organic chemicals, synthetic dyes & pigments, adhesives, manufactured fibers, and other specialty chemicals.

U.S. Chemical Production Fell In July

-Report recaps plastic bumper cover recycling project

Challenges remain to scaling up TPO bumper collection to a national scale. | Kaentian Street/Shutterstock

TPO bumper covers can be processed into a high-quality recycled pellet that’s cheaper than virgin plastic, but challenges remain in feedstock collection and preparation.

That’s a conclusion from a Plastics Industry Association report recapping the multi-year End-of-Life Vehicle (ELV) Recycling project, which examined recycling potential for thermoplastic polyolefin (TPO) bumper covers. Petrochemicals PET Sorting Recycling 

Petrochemicals PET Sorting Recycling

-Biodegradable plastic: A false promise?

Biodegradable packaging is often pitched as the environmentally-friendly solution the world has been waiting for.

However, so-called greener plastics don’t necessarily break down as easily as marketers would have us believe.

To make matters worse, biodegradable plastic can’t be recycled. So if it doesn’t readily disappear into nature and can’t be reused, should we consider the “biodegradable” label a well-intentioned but misleading promise? The Down to Earth team investigates.

-German industrial output slumps again in July, heighteningrecession fears

German industrial output fellagain in July, slumping 0.6% month on month,according to data agency Destatis, leaving theodds of the country falling into recession “allbut confirmed”, according to an analyst.

The July fall was largely driven by a 1.3%month on month drop in energy production, aswell as contractions in intermediate andcapital goods output, offsetting increases inconsumer goods and construction.

Output also fell 1.1% in June, fuelling concernthat one of the key engines of the eurozonewill be shown to have fallen into recessionduring the quarter.

German industrial output slumps again in July, heighteningrecession fears

-Sabic promotes optical resins for LiDAR components

Sabic will participate in the Technology Showcase at Automotive LIDAR 2019, to be held in Dearborn, MI, from Sept. 25-26.

Aurélie Schoemann, Sabic business manager, Mobility, will give a technical presentation on high-performance optical resins for mobility on Sept. 25, beginning at 4:20p.m, at the Henry Hotel.

Schoemann will explore key challenges affecting the design, manufacture and performance of LiDAR sensors and explain how optical thermoplastic resins such as Sabic’s Ultem amorphous polyetherimide (PEI) can provide solutions.

In particular, she will focus on infrared (IR)-transparent resins for optical LiDAR components.

Sabic promotes optical resins for LiDAR components

Petrochemicals Polyethylene Terephthalate 06-09-2019

Petrochemicals Polyethylene Terephthalate

China – Polyethylene Terephthalate

PET and it’s chain continue in upward trend.

Crude oil price is weak.

Polyamide 6 and its chain are firm.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,750/6,900 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 650/670 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  545/555 $/ton – MEG domestic market 4,650/4,750 yuan/tonPX Korea 760/770 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,150/9,250  yuan/tonPolyester Staple PSF domestic market 7,200/7,300 yuan/ton

Petrochemicals Polyethylene Terephthalate

Crude Oil Prices Trend

Crude Oil Prices Trend

-Drug integrated polymer fibers market to cross US$88 million by 2025

Drug integrated polymer fibers market is expected to cross US$88.8 million by 2025 as per GMI Insights. Drug integrated polymer fibers are also called as pharmaceutical fibers and are generally made up of biocompatible and biodegradable materials such as polylactic acid and its different derivatives like polydioxanone, polyglycolic acid, polycaprolactone, poly (lactic-co-glycolic acid), PLLA and other copolymers. For medical textile device these fibers are generally available in braided, knitted and woven form. Drug integrated polymer fibers are extensively used in drug delivery, orthopaedics, healing of skin wound, vascular grafts, etc. Increase in research and development for innovative materials used in orthopedics and wound healing is expected to boost the global drug integrated polymer fibers market owing to increase in old age population across world. Developments in fiber based wound healing systems, biologics, pharmaceutical products along with significant growth in tissue engineering and regenerative medicine are driving the orthopedic medical products market which is expected to witness a rapid growth in drug integrated polymer fiber market during the forecast period. Petrochemicals Polyethylene Terephthalate

Petrochemicals Polyethylene Terephthalate

-Heimtextil 2020: International appeal continues to increase

This press release is submitted and shown here in its original form, unedited by Furniture Today.

The development in Heimtextil exhibitors over the past few years shows one thing clearly: while the German market is currently going through a challenging period and the number of producers and retailers is declining, Heimtextil in Frankfurt am Main is positioned as a world-leading platform with a strong international appeal. This trend is set to continue at the upcoming trade fair for home and contract textiles (7-10 January 2020). Petrochemicals Polyethylene Terephthalate

Petrochemicals Polyethylene Terephthalate

-ENGEL to show e-mac 280 at K 2019

ENGEL is to takes its e-mac 280 to the packaging floor at K 2019, allowing for an even more granular performance gradation for the packaging industry in all-electric use cases.

Tube collars made from HDPE with a total shot weight of 81.6 grams are being produced on an all-electric e-mac 740/280 injection moulding machine, using a 48-cavitiy mould by Sibo.

Petrochemicals Polyethylene Terephthalate

-PRESS releases new eco bottle made from 75 per cent recycled plastic

PRESS has released its new eco bottle made from 75 per cent recycled plastic (rPET) and 25 per cent bio plastic, made from sugar cane rather than fossil fuels.

The new bottles are 100 per cent recyclable and by using 75 per cent recycled plastic, the company is removing plastic that would otherwise end up in landfill.

On top of that, the manufacturing of recycled plastic produces 55 per cent less carbon emissions than virgin plastic. Petrochemicals Polyethylene Terephthalate

Petrochemicals Polyethylene Terephthalate

-India’s plastic consumption set to double in a decade

Uflex’s Ashok Chaturvedi at Elite Conference

“The future of plastics is very bright as its consumption is expected to continue to grow,” Ashok Chaturvedi, chairman and managing director of Uflex said at the 8th Speciality Films & Flexible Packaging Global Summit 2019 held in Mumbai on 22-23 August.

“Plastics have a very bright future. They are something that you cannot live without. If you look at India, about 26,000 metric tons of plastic is consumed every day. And the way the growth is being projected, in a decade or so the consumption will double to 50-55,000 metric tons a day. Plastics are not only used in flexible packaging but in various other industries as well,” Chaturvedi said.

He asserted that all kinds of flexible packaging, mono and multilayer, are recyclable, re-processable and then reusable.

India’s plastic consumption set to double in a decade

-LATI officially enters the world of additive manufacturing

LATI has announced that it has set up LATI3Dlab, an R&D laboratory with the objective of developing specific borderline technical products for the additive manufacturing market.  Petrochemicals Polyethylene Terephthalate

LATI3Dlab will develop high-performance polymers with advanced functional properties developed ad hoc to the specification of customers, whether filament manufacturers or users in technical and industrial fields.

LATI officially enters the world of additive manufacturing

-Closed loop system for woven polypropylene big bags – “circular packaging” at K

Starlinger will present a closed loop system for big bags made from woven polypropylene at K 2019.

The sustainable concept “circular packaging” will be Starlinger’s main theme. Worldwide, more than 380 million 4-loop big bags (called FIBCs– Flexible Intermediate Bulk Containers) are sold every year; this equals an annual recycling potential of approx. 800,000 tons of material.

The well-known FIBC expert Dr. Amir Samadijavan acted as consultant for this project. The sustainable concept will be presented at K 2019 in Düsseldorf/Germany.

With “circular packaging”, Starlinger introduces K show visitors to an elaborate concept for a closed loop for big bags that begins with polypropylene granulate and leads back to polypropylene regranulate (rPP) through the process steps production, usage, recovery, and recycling. Petrochemicals Polyethylene Terephthalate

Closed loop system for woven polypropylene big bags - “circular packaging” at K

-TCMC continues big carpet installation projects

All set for massive revenue in the final quarter of 2019 and confident of achieving full-year revenue target

TCM Corporation (TCMC) is continuing to install carpets for large projects while preparing to receive large revenues through year-end.

The company recently expanded its production of carpet sheets backed with used plastic bottle material to help conserve the environment  and noted that the response from customers has been outstanding.Petrochemicals Polyethylene Terephthalate

TCMC continues big carpet installation projects

-US polyethylene contracts fall on supply

US August contracts for polyethylene (PE) were assessed 1 cent/lb ($22/tonne) lower from July on persistent supply length and weaker global demand.

The US PE market remains well supplied as the country is in the midst of a massive investment wave that has already resulted in the addition of over 4.7m tonnes/year of new capacity since 2017.

Domestic demand for PE has been steady, although disappointing demand growth from overseas markets created logistics problems for US producers, who export a significant percentage of their overall PE production.

Overseas demand has been blunted by ongoing trade tensions between the US and China, as well as signals of a possible economic recession around the world, which have resulted in lower raw material consumption in a number of major industrial segments.

US polyethylene contracts fall on supply

Petrochemicals Preforms Trade Tensions 05-09-2019

Petrochemicals Preforms Trade Tensions 05-09-2019

Petrochemicals Preforms Trade Tensions

China – Polyethylene Terephthalate

PET and it’s chain are in upward trend.

Crude oil price is in health.

Polyamide 6 and its chain are firm.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,750/6,900 yuan/ton PET Filament grade SD domestic market 6,600/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 650/670 $/ton PTA domestic market 5,150/5,250 yuan/tonMEG  540/555 $/ton – MEG domestic market 4,600/4,700 yuan/tonPX Korea 755/765 $/ton

Polyester POY 150D/48F  domestic market 7,600/7,750  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,150/7,300 yuan/ton

Petrochemicals Preforms Trade Tensions

-Materials: Novel Nylon 66 and Modified PPE Foams for Automotive

Asahi Kasei develops ‘first’ nylon 66 bead and modified PPE foams for challenging automotive applications.

Two new novel engineering thermoplastic foams have been recently unveiled by Asahi Kasei (U.S. office in Fowlerville, Mich.), both aimed at challenging automotive applications:

▪ Nylon 66 Bead Foam: Said to be a ‘first’, the company has been developing a foam based on nylon 66  beads. (Asahi Kasei is one of only four fully-integrated global nylon manufacturers that can  produce nylon 66 completely from monomer to compound). Dubbed PA Foam, the new foam features the typical heat, chemical and oil resistant properties of nylon, mixed with an outstanding rigidity or noise reducing quality – depending on the shape of the beads. Consisting of round-shaped beads, this foam features a strong rigidity, which makes it a promising alternative for aluminum and metal in structural applications, as well as for use for insulators, ducts, spacers or other lightweight parts of the battery case of electrified vehicles.

PA Foam with a C- or macaroni-shape version, on the other hand, reportedly provides noise insulation in addition to the typical nylon properties. Possible applications can be found everywhere around the car, especially in the engine compartment, where the material can unfold its unique qualities. Used for engine covers, it does not only contribute to light weight, but also significantly reduces the radiating engine noise, making the car quieter in total.

▪  SunForce particle foam based on a modified PPE. Compared to standard foams made of PS or polyolefins, the use of m-PPE is said to equip this foamed material with unique properties, opening up new possibilities for applications in thermal management and fire protection. The material is UL 94 V-0 certified (Standard for Safety of Flammability of Plastic Materials for Parts in Devices and Appliances) and thus contributes to an overall product safety.

Novel Nylon 66 and Modified PPE Foams for Automotive

Crude Oil Prices Trend

Crude Oil Prices Trend

-New PET Blow/Fill Line for Vinegar

This French company founded in 1797 recently installed a new Combi system for blowing and filling of PET bottles at speeds to 23,000/hr.

The rising demand for white vinegar has led Charbonneaux-Brabant, a key player in the packaging of condiments and seasonings, to install a complete PET line in its new production plant in Vauvert, in the South of France. There, they now bottle white vinegar in 1- and 1.5-L formats, managing a high level of flexibility requested by their supply chain and distribution network. The new line was supplied by Sidel.

Petrochemicals Preforms Trade Tensions

-No-deal Brexit could wipe $3 billion off Turkey’s UK trade, minister says

Turkey may lose trade with Britain worth up to $3 billion in the event of a no-deal Brexit, Trade Minister Ruhsar Pekcan said on Wednesday, adding that many Turkish companies lacked information on the consequences of such a scenario.

Pekcan, speaking at a Turkey-UK Business Forum in Istanbul, said the losses would stem from Britain hiking import tariffs after Brexit in sectors including steel, automotive and textiles.

Petrochemicals Preforms Trade Tensions

-Enhances Sustainability and Performance with Braskem’s I’m Green™ Polyethylene Biopolymer

Turf Cushion™ raises the bar for industry leading turf field safety with sustainably-produced and 100% recyclable sugar cane based bioplastic

PHILADELPHIA and  DALTON, Ga., Sept. 4, 2019 /PRNewswire/ — Braskem (B3: BRKM3, BRKM5 and BRKM6; LATIBEX: XBRK; OTC: BRKMY), the largest thermoplastics polyolefins producer in the Americas and leading producer of biopolymers in the world, and ProdTek, a product development and manufacturing company serving the artificial turf, flooring and textile industries with innovative solutions, today announced the integration of Braskem’s I’m greenTM Polyethylene (PE) bioplastic in ProdTek’s new Turf CushionTM line of turf underlay products. Petrochemicals Preforms Trade Tensions 

Enhances Sustainability and Performance with Braskem's I'm Green™ Polyethylene Biopolymer

-Equipment investment continues at Polystar Plastics

In 2019, Polystar Plastics has made a significant series of investments in new equipment and it is set to continue.

These are geared towards replacement of old extrusion units, and the addition of new capacity.

The object is the reduction of energy usage per kg of film produced, and the installation of extrusion equipment designed to maximise the usage of recycled polymer, and the efficient production of fully compostable films. Petrochemicals Preforms Trade Tensions 

Petrochemicals Preforms Trade Tensions

-Lutz Lehmann to advance Hohenstein’s sales strategy

Lutz Lehmann joins the Hohenstein team as CEO of Global Strategies. © HohensteinLutz Lehmann has joined the Hohenstein team as CEO of Global Strategies. His new role will focus on developing new business and advancing sales strategies in order to strengthen Hohenstein’s position as a global player. He will directly oversee Hohenstein’s Sales, Marketing and Business Development teams.

“I’m delighted to work with a company that enjoys a high reputation in the textiles industry,” said Mr Lehmann. “There’s still so much potential for the entire industry. It’s a wonderful opportunity to contribute my market experience and knowledge and propel Hohenstein even further within the textile testing industry.”

Petrochemicals Preforms Trade Tensions

-Recycled Plastic Market To Be Worth Just Over US$ 30 Billion By 2025

Recycling of plastic is broadly defined as collecting waste plastic scraps that are recyclable, processing it with various technologies, and finally treating it with chemicals and additives to produce a newer plastic. The improved quality of recycled plastic products over their virgin counterparts, the push from different companies, and strict governmental regulations are the main drivers of the recycled plastic market. Persistence Market Research in its upcoming report titled ‘Recycled Plastic Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’, projects the recycled plastic market to be worth just over US$ 30 billion by 2025. Petrochemicals Preforms Trade Tensions 

Recycled Plastic Market To Be Worth Just Over US$ 30 Billion By 2025

-BASF and Domo Chemicals to acquire Solvay’s polyamide business

BASF, Solvay, and Domo Chemicals have reached an agreement for the acquisition of Solvay’s polyamide business for €1.6bn (US$1.7bn) overall.

In September 2017, BASF signed an agreement with advanced materials and specialty chemicals company Solvay to acquire its integrated polyamide business for €1.6bn. The agreement received conditional approval from the EU Commission in January this year. The conditions included divesture of Solvay’s European polyamide 6.6 facilities (PA6.6) to a third party. Petrochemicals Preforms Trade Tensions 

Petrochemicals Preforms Trade Tensions

-RISE® Innovation Award Finalists Announced: Novel And Ingenious Solutions In Research, Innovation & Science For Engineered Fabrics

INDA, the Association of the Nonwoven Fabrics Industry, announces the three finalists that will present unique and innovative material science solutions as they compete for the prestigious RISE® Innovation Award during the ninth edition of the Research, Innovation & Science for Engineered Fabrics Conference, (RISE®) Sept. 24-25, 2019 at North Carolina State University, Raleigh, North Carolina.

RISE® Innovation Award Finalists Announced: Novel And Ingenious Solutions In Research, Innovation & Science For Engineered Fabrics

-FreshSafe PET dispute goes to arbitration

One of Turkey’s largest regional producers of fruit and vegetable drinks is suing German bottling and packaging machinery maker KHS over claims that the latter failed to manufacture and commission production lines according to a contract.

Doğanay Gida claims that bottle-filling production lines supplied by KHS were inoperable and the German firm failed to fix several errors later discovered to be the result of design faults and manufacturing errors by KHS. Doğanay claims that the resulting loss of capacity and quality control issues cost it more than €70 million ($76m).

FreshSafe PET dispute goes to arbitration

-US targets remaining Iran crude exports: Update

The US administration today announced additional restrictions on Iran’s ability to export oil, just as the French government is undertaking a diplomatic effort to loosen Washington’s economic embargo against Tehran.Petrochemicals Preforms Trade Tensions 

The US actions placed additional oil tankers carrying Iranian crude on its sanctions list and offered a $15mn reward to help disrupt Iran’s oil exports.

“We are intensifying our maximum pressure campaign,” the US State Department’s Iran envoy Brian Hook said. The action aims to disrupt an “oil for terror” network run by Iran’s Islamic Revolutionary Guard Corps (IRGC), Hook said.

US targets remaining Iran crude exports: Update

Petrochemicals Preforms Trade Tensions

Petrochemicals Preforms Trade War 04-09-2019

Petrochemicals Preforms Trade War 04-09-2019

Petrochemicals Preforms Trade War

China – Polyethylene Terephthalate

PET and it’s chain are steady.

Crude oil price increases.

Polyamide 6 and its chain are steady.

Acrylonitrile increases.

PET Bottle grade export 800/860 $/ton PET Bottle grade domestic market 6,650/6,800 yuan/ton PET Filament grade SD domestic market 6,500/6,650 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton

PTA Taiwan 660/680 $/ton PTA domestic market 5,050/5,150 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 755/765 $/ton

Polyester POY 150D/48F  domestic market 7,550/7,650  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,100/7,200 yuan/ton

Petrochemicals Preforms Trade War

Crude Oil Prices Trend

Crude Oil Prices Trend

-Teijin to Support Exhibition Colorful Japan

The Teijin Group announces that it will support the exhibition Colorful Japan opening at the Stedelijk Museum Amsterdam on 7 September 2019.

The exhibition will present 226 posters created by Japanese designers, including those to publicise sports festivals and expositions dating from the 1930s to the present, which were selected from among some 800 Japanese posters in the museum’s collection. Petrochemicals Preforms Trade War

Petrochemicals Preforms Trade War

-ELIX Polymers releases its 2018 Sustainability Report

ELIX Polymers has published its 2018 Sustainability Report, expressing its corporate commitment to sustainability and focus on transparency through the publication.

This report sets out all the advances and challenges accomplished by ELIX last year, describing the company’s annual progress in accordance with the Sustainable Development Goals (SDG) established by the United Nations, as a member of the Global Compact. Petrochemicals Preforms Trade War

Petrochemicals Preforms Trade War

-DIC Corporation to Acquire BASF’s Global Pigments Business

DIC Corporation, has entered into a definitive agreement to acquire BASF’s global pigments business, known as BASF Colors & Effects (BCE).

The acquisition will broaden DIC’s portfolio as a global manufacturer of pigments, including those for electronic displays, cosmetics, coatings, plastics, inks and specialty applications, by creating a world-class pigments supplier that offers customers an even wider range of versatile solutions. Petrochemicals Preforms Trade War

“Our acquisition of BCE brings together complementary resources and expertise of two recognized leaders in innovation, product stewardship, regulatory leadership, application support and manufacturing,” said Kaoru Ino, President and Chief Executive Officer of DIC. “We have outlined a clear growth path for DIC with the target to increase our sales to 1 trillion yen (approximately €8 billion) by 2025.

Petrochemicals Preforms Trade War

-Europe BDO demand remains soft, uptick in Sept less likely

European butanediol (BDO) demand remains low in early September while expectations of a post-summer uptick in activity are diminishing.

Lengthy supply continues to dominate market fundamentals with ample availability from both domestic and overseas suppliers.

“[The market is] extremely long and everyone is begging me to take material,” claimed one European buyer.

In Europe, production is running smoothly. There were no reported outages planned for September.

Poor demand from the key derivative market polybutylene terephthalate (PBT) has especially depressed BDO buying appetite and contributed to surplus BDO volumes being available this quarter. Petrochemicals Preforms Trade War

Europe BDO demand remains soft, uptick in Sept less likely

-Global conductive textiles market to reach $4.65 billion

Conductive textiles are widely utilised by industries such as military and defence, healthcare, and sports and fitness. The global conductive textiles market accounted for US$ 1.07 billion in 2017 and is expected to reach US$ 4.65 billion by 2026 growing at a CAGR of 17.7% during the forecast period, according to a recent report Conductive Textiles – Global Market Outlook (2017-2026), published by Research and Markets.

According to this research, factors such as growing awareness of the advantages of conductive textiles, high demand from the military and defence sector and increased health awareness among consumers are fuelling the market growth. However, high cost of finished products can affect adoption is hampering the market.

Europe BDO demand remains soft, uptick in Sept less likely

-Piave Maitex presents responsible design

Leading Italian fabrics specialist Piave Maitex will present Again, a smart and technically advanced line that balances performances, functionality and sustainable features, formed of highly performing jerseys, at Eurobike, the world’s leading trade fair for the cycling industry that takes place in Friedrichshafen this week.

Two premium Global Recycled Standard (GRS) certified sustainable ingredients have been involved in the production of Again: the premium stretch fibre Roica EF – part of Roica Eco-Smart Family – constructed with more than 50% pre-consumer recycled content and perPETual high-quality polyester.

Europe BDO demand remains soft, uptick in Sept less likely

-Truetzschler launches first intelligent card at ITMA

Truetzschler has developed a new intelligent card – TC 19i – that performs important settings completely independently and with a precision not achievable by humans. The company demonstrated the new card at ITMA 2019. Truetzschler is a specialist in manufacturing textile machinery and a solution provider from bale to sliver in textile spinning process.

“The possibility to increase quality and productivity as well as solving personnel issues through features like T-GO or Wastecontrol fascinated our customers,” said sales manager Ralf Müller at Truetzschler. Petrochemicals Preforms Trade War

-The global glass filled nylon market at a CAGR of almost 7% during the forecast period

This glass filled nylon market analysis considers sales from automotive, industrial, electrical and electronics, and others. Our analysis also considers the sales of glass filled nylon in APAC, Europe, North America, South America, and MEA. In 2018, the automotive segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as superior properties of glass filled nylon such as high creep resistance and high tensile strength will play a significant role in the automotive segment to maintain its market position.

The global glass filled nylon market at a CAGR of almost 7% during the forecast period

-European premiere for Sekisui concept car at IAA

Japanese automotive supplier Sekisui Chemical will display its concept car for the first time in Europe during this year’s IAA Frankfurt motor show to be held  Sept. 12-22.

The futuristic vehicle incorporates all the core technologies in high performance plastics developed by Sekisui, including the company’s new HUD interlayer film technology for windshields. Petrochemicals Preforms Trade War

European premiere for Sekisui concept car at IAA

Petrochemicals Preforms Smart Plastic 03-09-2019

Petrochemicals Preforms Smart Plastic 03-09-2019

Petrochemicals Preforms Smart Plastic

China – Polyethylene Terephthalate

PET and it’s chain are weak.

Crude oil price is weak.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 800/860 $/ton PET Bottle grade domestic market 6,650/6,800 yuan/ton PET Filament grade SD domestic market 6,450/6,600 yuan/ton – PET Filament grade BR domestic market 6,600/6,700 yuan/ton

PTA Taiwan 660/680 $/ton PTA domestic market 5,050/5,150 yuan/tonMEG  535/545 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 755/765 $/ton

Polyester POY 150D/48F  domestic market 7,550/7,650  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,100/7,200 yuan/ton

Petrochemicals Preforms Smart Plastic

Crude Oil Prices Trend

Petrochemicals Preforms Smart Plastic

-Responding to China’s requirements in 2019

The success of China’s economy over the past decade has sent wages soaring and made it difficult for the country’s textiles manufacturers to find and retain trained machine operators, while operating in a highly competitive market where optimised production and full resource efficiency are of paramount importance.

In direct response to this situation, Monforts has introduced a range of new Industry 4.0 technologies aimed at simplifying machine operation while providing easy access to all data and instant or remote assistance.

Petrochemicals Preforms Smart Plastic

-Asia petchem shares fall as new tariffs in US-China trade war hit

Shares of petrochemical companies in Asia were mostly lower on Monday after the US and China implemented their latest round of tariffs in their tit-for-tat trade war.

In South Korea, LG Chem fell by 3.03% while Lotte Chemical dropped 2.22% as the Korea Stock Exchange KOSPI index inched up by 0.02%.

In Hong Kong, Sinopec Shanghai Petrochemical was 0.44% lower while PetroChina was down by 0.26% as the benchmark Hang Seng Index was down by 0.46%.

Brent crude was trading 30 cents lower at $58.95/bbl, while US WTI was down by 8 cents at $55.02/bbl. Petrochemicals Preforms Smart Plastic

Petrochemicals Preforms Smart Plastic

-Hyosung to boost carbon fiber capacity

Korea’s Hyosung plans to invest around $825 million by 2028 in its carbon fibers business by 2028 to expand its production capacity from the current 2,000 tonnes/yr (one line) to 24,000 tonnes/yr (10 lines). The investment will become world’s single-largest carbon fiber factory.

Work for the first round of expansion is underway that will add 2,000 tonnes/yr of capacity by January 2020. The new line will be onstream in February 2020.

If 10 more lines are installed by 2028, Hyosung’s ranking in terms of global market share will rise from 11th (2 percent) as of 2019 to third (10 percent).

Hyosung to boost carbon fiber capacity

-Toray Subsidiaries to Exhibit at Composites Europe

Toray Industries, Inc., announced today that five subsidiaries will take part in Composite Europe 2019 , the 14th European Trade Fair & Forum for Composites, Technology and Applications. This event will be at Messe Stuttgart in Germany from Tuesday, September 10, through Thursday, September 12. Petrochemicals Preforms Smart Plastic

The Toray Group booth location will be 7C35. Carbon fiber and composite materials subsidiaries Toray Carbon Fibers Europe , Zoltek , Composite Materials (Italy) , Delta-Preg , and Toray Advanced Composites will for the first time collectively showcase integrated solutions from diverse product lineups leveraging the Group’s comprehensive materials and process technology capabilities.

Petrochemicals Preforms Smart Plastic

-PET bottle consumption on the rise, new research finds

Global demand for PET bottles is on the rise according to a report by analyst Wood Mackenzie. The report also predicts a six-fold increase in demand for recycled PET (rPET) in Europe by 2030. Petrochemicals Preforms Smart Plastic

“PET bottle consumption is increasing,” said Pieterjan Van Uytvanck, principal analyst at Wood Mackenzie. “As shown in our report on the EU’s single use plastics directive, in Europe it’s now around 140 units per person, per year. In the US it’s 290 units… Healthy living is one important driver. Put simply, people are choosing a bottle of water over a can of fizzy drink.”

The report’s findings come despite the global demonisation of plastics. Wood Mackenzie acknowledges that plastics pollution is an important problem and that the single-use plastics water bottle has become ‘a powerful symbol at the heart of the sustainability debate’.

PET bottle consumption on the rise, new research finds

-ILIP signs environmental sustainability pledge

Plastic processing  giant ILIP has committed to reducing the use of plastic materials, and limiting food waste and protecting food all along the supply chain.

It is aiming to recover post-consumer plastic raw materials and transforming them into new packaging in r-PET, producing packaging that is 100% recycled PET and managing the entire supply chain to create a virtuous system of circular economy.

The company has closed its r-PET production cycle, for total control over the supply chain and the origin of the materials used.

It also uses a variety of materials from PLA to bioplastics, such as Mater-Bi by Novamont. Petrochemicals Preforms Smart Plastic

ILIP signs environmental sustainability pledge

-China To Boost Shale Output To Cut Import Dependence

China is looking to increase its natural gas production, especially shale gas output, to reduce its import dependence while demand continues to grow in the foreseeable future, a government research report says, as carried by Reuters.

Increasing conventional and unconventional natural gas production would be crucial for China to meet soaring demand while trying to cut the share of gas imports at the same time, according to the report prepared by the oil and gas department at the National Energy Administration (NEA) and a research arm of the State Council of China.

Petrochemicals Preforms Smart Plastic

-Teijin completes takeover of Czech auto component supplier Benet

Japanese group Teijin has acquired the Czech automotive composite and component supplier Benet.

Teijin will benefit from Benet’s automotive composite technologies that will serve as a solid foundation on which to further strengthen Teijin’s solution development capabilities as a component supply partner of automotive original equipment manufacturer (OEM) customers in Europe. Petrochemicals Preforms Smart Plastic

“We are growing our automotive composites business with our proprietary lightweight, high-performance materials, and superior multi-material design capabilities served by our hubs in Europe, North America and Asia,” said Akio Nakaishi, general manager of Teijin’s composites business unit.

Teijin completes takeover of Czech auto component supplier Benet Japanese group Teijin has acquired the Czech automotive composit

-WWF’s water stewardship transforming textile sector

WWF has established water stewardship projects in several countries, including India, China, Vietnam and Turkey, with the support of international brands and local partners. The initiative on water stewardship in the textile sector has been on since 2011. The aim is to improve freshwater ecosystems and water governance in key basins for healthy living.

WWF’s work in India’s Noyyal-Bhavani basin was launched in 2018. The Noyyal and Bhavani sub-basins are critical for the water security of the region and home to unique wildlife. As the rivers continue downstream, they plan important role in the agricultural and industrial economy of the region. Petrochemicals Preforms Smart Plastic

Petrochemicals Preforms Smart Plastic

Petrochemicals Preforms Smart Fabric 02-09-2019

Petrochemicals Preforms Smart Fabric 02-09-2019

Petrochemicals Preforms Smart Fabric

 

Polyolefins Petrochemical Ethylene Prices

Petrochemicals Preforms Smart Fabric

Crude Oil Prices Trend

Crude Oil Prices Trend

-Silafrica to introduce Injection Compression Molding

Silafrica to solidify its position as a top-tier solutions provider

Silafrica, one of the leading packaging suppliers to East Africa and surrounding regions claims to solidify its position as a top-tier solutions provider with the addition of new, state-of-the-art Injection Compression Molding (ICM) manufacturing capabilities. Silafrica is said to be the first and only packaging solutions company to offer ICM across the entire African continent.

The company is said to be a trusted partner and valued supplier to some of the largest food and beverage brands like Pepsi, Coca-Cola, Diageo, Heineken, Unilever, SAB Miller, AB InBev, Daima, and many more. Manufactured by Swiss leader in plastics manufacturing, Nestal, this equipment represents the next generation of efficiency, productivity, speed, and savings.

Silafrica to introduce Injection Compression Molding

-Adding plastics to the circular economy

The plastics industry is a responsible partner to policymakers and other stakeholders, working together to find solutions to the challenges of climate change, energy and resource efficiency, consumer protection, and the circular economy. Miguel Santos, CEO of Green and Circular Economy Investments, writes about going head-to-head with the issue of plastic recycling. Petrochemicals Preforms Smart Fabric

It was in pre-Columbian Mexico that polymers were used for the first time, evolving to the present day. Initially the industry developed synthetic polymers with cellulose and later with the use of petroleum. This evolution allowed polymers to be easier to produce, making it an essential and indispensable material for all forms of use.

Petrochemicals Preforms Smart Fabric

-Brexit is a chance for Ireland to end its reliance on English

The State’s monolingualism is problematic in cultural, social and economic terms.

n his speech The Necessity for De-Anglicising Ireland, delivered in 1892, Douglas Hyde warned that the failure to revive the Irish language would leave Ireland vulnerable to excessive cultural influence from Britain: “We will become what, I fear, we are largely at present, a nation of imitators . . . lost to the power of native initiative and alive only to second-hand assimilation.” Petrochemicals Preforms Smart Fabric

One hundred and twenty five years later, while no language can in itself protect from rampant globalisation, there is more of a grain of truth in the idea proposed by Hyde and others that Ireland’s status as a predominantly English-speaking country is not entirely unproblematic in cultural, social and economic terms.

Brexit is a chance for Ireland to end its reliance on English

-Brexit: Thousands protest Johnson move to suspend Parliament

Demonstrators gather across the UK to reject prime minister’s plans to suspend Parliament weeks before Brexit date.draw. Petrochemicals Preforms Smart Fabric

Thousands of people across the UK have protested against Prime Minister Boris Johnson’s decision to suspend Parliament just weeks before the deadline for the UK to leave the European Union.

In London, thousands of angry protesters on Saturday rallied outside Downing Street, the official residence of the prime minister, to oppose the controversial move scheduled for early September.

Petrochemicals Preforms Smart Fabric

-Milliken announces Singapore manufacturing facility

Spartanburg-based Milliken & Company, recognized as a worldwide leader of plastic additives and colorants, announced plans to construct a new, state-of-the-art chemical manufacturing plant and knowledge center in Asia.

Expected to begin operations in Q1 2021, the facility expands Milliken’s chemical manufacturing footprint to support increasing demand across Asia, including rapidly growing markets in India and China. The company currently operates an applications lab and technical service and sales office in Singapore, and recently celebrated its 20-year presence in the region. Petrochemicals Preforms Smart Fabric

Milliken announces Singapore manufacturing facility

-Latest tariffs in US-China trade war come into effect

The Trump administration’s latest tariffs in the tit-for-tat US-China trade war came into effect on Sunday (Sept 1), for the first time targeting Chinese consumer goods, including televisions, books, nappies, and sports shoes.

The previously announced additional 15 per cent tariffs on US$112 billion (S$155 billion) worth of goods imported from China are, according to experts, likely to raise prices for US consumers in the medium term.

At the same time, Chinese tariffs targeting around US$75 billion of US goods also came into force. Petrochemicals Preforms Smart Fabric

Petrochemicals Preforms Smart Fabric

-Flat or Softer Prices Ahead

Ample resin supplies outstripping demand are likely to keep commodity resin prices flat to lower.

Barring any major production disruptions or a spike in crude oil prices, the third quarter is likely to end with softer prices for the top five volume commodity thermoplastics. Depending on the resin, key factors include supplies outstripping demand both domestically and globally, lower feedstock costs, and lower resin prices abroad. Even in the case of PS and PVC, where prices appeared to have moved up, the trajectory was more on the downslide. Petrochemicals Preforms Smart Fabric

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

Flat or Softer Prices Ahead

-K 2019 Preview Blow Molding Exhibits Focus on Recycling & PET

Spotty information from blow molding machinery exhibitors indicates that the “Circular Economy” will be a recurrent theme and that PET processing will predominate.

K 2019 Preview Blow Molding Exhibits Focus on Recycling & PET

Petrochemicals Preforms Smart Fabric

Related Topics

Petrochemicals Preforms Smart Fabric 02-09-2019

Polyolefins Petrochemical Ethylene Prices

Polyolefins Petrochemical Ethylene Prices

Polyolefins Petrochemical Ethylene Prices

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM26/08/201902/09/2019+/-
Bottle grade PET chips domestic market6,800 yuan/ton6,800 yuan/ton
Bottle grade PET chips export market870 $/ton860 $/ton-10
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Ethylene Prices

6,575 yuan/ton6,525 yuan/ton-50
Filament grade Bright chips domestic market6,700 yuan/ton6,650 yuan/ton-50
Pure Terephthalic Acid PTA domestic market5,125 yuan/ton5,110 yuan/ton-15
Pure Terephthalic Acid PTA export market
680 $/ton 670 $/ton-10
Monoethyleneglycol MEG domestic market4,570 yuan/ton4,610 yuan/ton-40
Monoethyleneglycol MEG export market542 $/ton544 $/ton+2
Paraxylene PX FOB  Taiwan market784 $/ton786 $/ton+2
Paraxylene PX FOB  Korea market765 $/ton767 $/ton+2
Paraxylene PX FOB EU market

Polyolefins Petrochemical Ethylene Prices

706 $/ton700 $/ton-6
Polyester filament POY 150D/48F domestic market7,700 yuan/ton7,625 yuan/ton
-75
Recycled Polyester filament POY  domestic market7,350 yuan/ton7,150 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market9,100 yuan/ton9,100 yuan/ton
Polyester filament FDY 68D24F domestic market 8,650 yuan/ton8,650 yuan/ton
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Ethylene Prices
8,000 yuan/ton8,000 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market7,250 yuan/ton7,150 yuan/ton-100
Caprolactam CPL domestic market12,200 yuan/ton12,200 yuan/ton
Caprolactam CPL overseas  market1,460 $/ton1,450 $/ton-10
Nylon6 chips overseas  market1,760 $/ton1,710 $/ton-50
Nylon6 chips conventional spinning domestic  market12,950 yuan/ton12,900 yuan/ton-50
Nylon6 chips  high speed spinning domestic  market13,100 yuan/ton13,100 yuan/ton
Nylon 6.6 chips domestic  market23,500 yuan/ton23,100 yuan/ton-400
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Ethylene Prices

15,600 yuan/ton15,500 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,300 yuan/ton18,200 yuan/ton-100
Nylon6 Filament FDY  70D/24F  domestic  market16,650 yuan/ton16,500 yuan/ton-150
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market5,290 yuan/ton5,450 yuan/ton+160
Benzene overseas  market674 $/ton682 $/ton +8
Ethylene South East market820 $/ton830 $/ton+10
Ethylene NWE  market984 $/ton965 $/ton-19
Acrylonitrile ACN  domestic market11,800 yuan/ton11,900 yuan/ton+100
Acrylonitrile ACN  overseas market1,600 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,200 yuan/ton-300
Viscose Staple Fiber VSF  domestic market11,100 yuan/ton10,900 yuan/ton-200
PP Powder domestic market8,550 yuan/ton8,550 yuan/ton
Naphtha overseas market 

Polyolefins Petrochemical Ethylene Prices

468 $/ton467 $/ton
-1
Phenol domestic market 7,525 yuan/ton7,563 yuan/ton-38
PS Taiwan 5250 GPPS1,127 $/ton 1,123 $/ton-4
PS Taiwan 8250 HIPS1,252 $/ton 1,240 $/ton-12
LDPE CFR Far East 952 $/ton917 $/ton-35
LLDPE CFR Far East862 $/ton830 $/ton-32
LDPE   FOB Middle East938 $/ton903 $/ton-35
LLDPE FOB Middle East848 $/ton816 $/ton-32
HDPE CFR Far East938 $/ton898 $/ton-40
LDPE FD Northwest Europe 993 €/ton993 €/ton
LLDPE FD Northwest Europe 973 €/ton973 €/ton
Homopolymer PP CFR Far East1,010 $/ton1,000 $/ton-10
Homopolymer PP FD NWE1,061 €/ton1,041 €/ton-20

Polyolefins Petrochemical Ethylene Prices

Petrochemicals Preforms Polyester Filament 30-08-2019

Petrochemicals Preforms Polyester Filament

-Dow to source pyrolysis oil feedstock made from recycled plastic waste

Dow Chemical has reached an agreement with the Fuenix Ecogy Group, based in Weert, The Netherlands, for the supply of pyrolysis oil feedstock, which is made from recycled plastic waste. The feedstock will be used to produce new polymers at Dow’s production facilities at Terneuzen, The Netherlands.

This agreement marks an important step forward to increase feedstock recycling – the process of breaking downmixed waste plastics into their original form to manufacture new virgin polymers.

Petrochemicals Preforms Polyester Filament

-RadiciGroup : Sustainability Report has been certified ( Iyalian Language Only)
Accounted the economic, environmental and social performance of 23 companies in the Group of Bergamo.
Certiquality has certified the RadiciGroup 2018 Sustainability Report compliant with the GRI Standards-Core Option model. Petrochemicals Preforms Polyester Filament

The Report reports the economic, environmental and social performance of 23 Group companies in the various countries in which they operate.

Petrochemicals Preforms Polyester Filament

-Bottle closures tethered for convenience, recycling

The first cross-license registered intellectual property exchange between Nippon Closures Co., Ltd. (Tokyo) and AptarGroup, Inc. (Crystal Lake, IL) is for tethered beverage closures, an arrangement that the companies intend to expand into other areas as well.Aptar Tethered Closures Combo

This first partnership proposes to continuously improve the consumer drinking experience while also creating solutions for beverage closures that are better for the environment starting with these two:

  • Flip Lid (green closure) by Aptar is a consumer-friendly dispensing closure designed to promote post-use recycling as the closure remains together with the bottle throughout its lifecycle, making it more likely to be collected and sent through the recycling stream with the container.

Petrochemicals Preforms Polyester Filament

-Formosa Plastics announces $332 million expansion

Louisiana Gov. John Bel Edwards and Formosa Plastics Corp. (FPC) Plant Manager Paul Heurtevant jointly announced the company will invest $332 million to expand its production of PVC resin. Formosa Plastics also will add production equipment in two other units of the company’s Baton Rouge manufacturing facility, which FPC has operated since 1981.  Petrochemicals Preforms Polyester Filament

The project will create 15 new direct jobs with an average annual salary of $77,667, plus benefits. Louisiana Economic Development (LED) estimates the project will result in 66 new indirect jobs, for a total of 81 new jobs in East Baton Rouge Parish and the Capital region.

Formosa Plastics announces $332 million expansion

-Eastman Chemical (EMN) to Unveil Sustainable Fabric Collection

Eastman Chemical Company EMN is slated to introduce its new sustainable fabric collection at the international fashion and textile exposition, Premiere Vision-Paris, which will be held from Sep 17-19.

Eastman Chemical is the maker of sustainably sourced Naia cellulosic yarn. The company offers feasible eco-conscious materials with Naia for sustainable fashion. The move is in alignment with the industry’s shift toward the circular economy.

The company launched Naia at Premiere Vision in 2018. Since then, it has continued to innovate by establishing two partnerships and creating a new collection of sustainable fabrics.

Petrochemicals Preforms Polyester Filament

-Prada’s latest upcycling initiative takes on ocean pollution

Prada responds to the sustainability challenge with Re-Nylon, its new capsule line of accessories made from recycled materials.

Prada is taking up the challenge to reduce its environmental impact by using ECONYL® regenerated nylon to create luxury goods through its Prada Re-Nylon sustainability initiative. Proposing a renewable, cyclical supply chain that maintains environmental awareness with transparency and accountability, the project crosses five continents, connecting with five upcycling initiatives that turn harmful waste into Prada accessories.

For the third episode in its five-part series, Prada traveled to Mahana Bay, off the coast of New Zealand with Australian actor Alex Fitzalan and Sri Lankan National Geographic explorer and marine biologist Asha de Vos to investigate ghost nets—fishing nets that are abandoned or lost in the ocean—and how they damage the ocean and the wildlife that inhabits it. Petrochemicals Preforms Polyester Filament

-NAPCOR: US lacks recycled PET to meet consumer brands’ pledges

America simply does not have enough recycled PET supply or processing capacity to satisfy commitments being made by brand owners to increase recaptured resin content in their bottles, new data shows.

As program director for the National Association for PET Container Resources, or NAPCOR, Alasdair Carmichael has been looking at the issue for the past year or so.

With a PET recycling rate of a little less than 30 percent in the United States, and much of that material being used for nonbottle applications, NAPCOR said the numbers just don’t add up.

NAPCOR: US lacks recycled PET to meet consumer brands' pledges

-Karl Mayer launches first three-bar HKS machine at ITMA30

Karl Mayer launched the new HKS 3-M-ON at ITMA 2019, the first three-bar HKS machine with electronic guide bar control, which is linked to the digital world of KM.ON. The HKS 3-M-ON impressed the visitors in Barcelona with its new flexibility and exceptional ease of handling when changing the pattern, and also by its high production rate. Petrochemicals Preforms Polyester Filament

The new machine can reach a maximum speed of 2,900 per min, depending on the working width. This makes it the fastest, high-speed tricot machine with electronic pattern drive that has ever been built. It is also just as fast as the current HKS 3-M model with n-drive, but it is also much more flexible, said Karl Mayer in a press release.

Petrochemicals Preforms Polyester Filament

-India generates 9.46 mn tonnes of plastic waste annually

40 per cent of it remains uncollected

India generates 9.46 million tonnes of plastic waste annually, of which 40 per cent remains uncollected and 43 per cent is used for packaging, most of which is single-use, a new study has revealed. Petrochemicals Preforms Polyester Filament

The study has been conducted by Un-Plastic Collective (UPC), a voluntary multi-stakeholder initiative to eliminate plastic pollution in nature and move towards a circular economy.

India generates 9.46 mn tonnes of plastic waste annually

-Special effect masterbatches market players continue to discover profits in food packaging sector, says new Fact.MR study

A study from Fact.MR has found that momentum in the masterbatch industry has been shifting towards special effect masterbatches over the past few years, thanks to their aiding of the overall aesthetics of the products.

With this, the global market for Special Effect Masterbatches is expected to attain a CAGR of over five per cent between 2019 and 2029.

Special effect masterbatches market players continue to discover profits in food packaging sector, says new Fact.MR study

-DASANI to launch new HybridBottle

DASANI has announced it will roll out a next-generation lineup of recyclable, reusable and package-free options.

The range will be anchored by the first-ever HybridBottle in the US made with a mix of up to 50 per cent plant-based, renewable material (PlantBottle) and recycled PET (rPET).

These 20-oz. bottles will launch nationwide in mid-2020 and will include on-pack messaging educating people about HybridBottle technology and encouraging them to recycle. Petrochemicals Preforms Polyester Filament

DASANI to launch new HybridBottle

-Lenzing fibres proved fully biodegradable in water, soil and compost

The Lenzing Group has received confirmation of the full biodegradability of its fibres in fresh water by the independent research laboratory Organic Waste Systems (OWS).

The new and existing international certifications conducted by OWS and issued by TÜV Austria also verify that Lenzing Viscose fibres, Lenzing Modal fibres and Lenzing Lyocell fibres are biodegradable in all natural and industrial environments: in the soil, compost as well as in fresh and in marine water

Lenzing fibres proved fully biodegradable in water, soil and compost

-China MEG demand to pick up in Sept; ’19 start-ups behind schedule

China’s demand for monoethylene glycol (MEG) is expected to pick up in the next two months, with little near-term boost on supply as most domestic plants are running at reduced capacity while 2019 start-ups have lagged behind schedule.

Workers at a garment factory in Huaibei City, Anhui province, east China. (Source: Imagine China/Shutterstock)

The escalating China-US trade war and the slumping Chinese yuan against the US dollar remain as major concerns, particularly for exports of textiles – the key downstream industry of MEG. Petrochemicals Preforms Polyester Filament

September and October are typically the peak consumption months for downstream polyester sector, which is also due to welcome additional capacities in the months ahead.

China MEG demand to pick up in Sept; '19 start-ups behind schedule

-New laser printing method creates smart fabrics in minutes

RMIT University had just developed a new, easy-to-scale, and cost-efficient way to manufacture smart fabrics, specifically textiles that can be directly embedded with energy storage media for use with current mobile devices.

The smart fabrics industry, though relatively new in terms of widescale application, has been growing significantly over the past few decades. E-textiles, as they are officially categorized, range from simple fashionable accessories with added technological flair, to practical ones that can be integrated with the user’s set of electronic gadgets and devices. Health-monitoring sensors, for example, are of particular importance in the e-textile industry, as prevention is often the better option in medical care, especially if the medium is easy to put on the body in a non-invasive, almost natural way.

New laser printing method creates smart fabrics in minutes

-Renmatix’s latest developments in plant material conversions

Mike, can you just briefly introduce Renmatix?

Renmatix is a Pennsylvania-based company that has developed the Plantrose Process, which converts plant materials into valuable, multifunctional, clean ingredients for a wide range of applications, including food and personal care.

Winner of the 20th anniversary Presidential Green Chemistry Award, the proprietary process challenges conventional production economics by using only water in converting plant-based feedstocks into high performing, cost-effective ingredients.

Renmatix's latest developments in plant material conversions

Petrochemicals Preforms Crude Oil 30-08-2019

Petrochemicals Preforms Crude Oil

China – Polyethylene Terephthalate

PET and it’s chain are weak.

Crude oil price is steady.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,750/6,850 yuan/ton PET Filament grade SD domestic market 6,550/6,650 yuan/ton – PET Filament grade BR domestic market 6,700/6,850 yuan/ton

PTA Taiwan 660/670 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  535/550 $/ton – MEG domestic market 4,550/4,650 yuan/tonPX Korea 760/770 $/ton

Polyester POY 150D/48F  domestic market 7,600/7,700  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,100/7,250 yuan/ton

Petrochemicals Preforms Crude Oil

Crude Oil Prices Trend

Crude Oil Prices Trend

-China’s Tsingshan, Huafon plan $3bln coke, chemical project in Indonesia

The two companies signed a deal to jointly build the base

China’s Tsingshan Holding Group, a major stainless steel and nickel producer, and chemicals firm Huafon Group plan to set up a $3 billion metallurgy and chemical production base in Indonesia, Huafon said in a statement

The two companies, both based in eastern China’s Zhejiang province, on Tuesday signed a deal to jointly build the base, which will include a 12 million tonnes per year capacity coke plant, on the island of Sulawesi

Petrochemicals Preforms Crude Oil

-Asia PX faces supply glut in near term on new capacity expansions

Asian paraxylene (PX) markets might face a supply glut in the short term on the back of new capacity start-ups, while downstream demand continues to be weak.

A total of 6.5m tonnes/year of new PX capacities are expected to come online by the end of the year.

In China, Sinopec Hainan plans to start up its new 1m tonne/year PX facility in October, while Zhejiang Petrochemical targets to start up its new 4m tonnes/year PX complex in November-December period.

In Brunei, Hengyi Petrochemical is targeting to start up its new 1.5m tonne/year PX unit in October. Petrochemicals Preforms Crude Oil  

Petrochemicals Preforms Crude Oil

-BASF to sell pigments business in wake of profit warning

BASF has agreed the sale of itspigments business for €1.15bn to Japanese firmDIC, the German major said on Thursday.

The announcementfollows financial services company Moody’s reviewing BASF’scredit rating as the producer slashed its2019 earnings forecast in the wake of a weakfirst half.

The company’s pigments segment generated €1bnin sales in 2018 and has 2,600 employeesglobally. The deal, which is pending approvalof competition authorities, is expected to befinalised in the fourth quarter of 2020.Petrochemicals Preforms Crude Oil  

BASF to sell pigments business in wake of profit warning

-What the US-China trade war means for Gulf oil producers

Any budget pressures get translated into reduced economic activity

Saudi Arabia is the biggest oil trading partner of China, India and Japan

DUBAI: The battlegrounds of the US-China trade war range from soya beans to Harley- Davidson motor cycles, with Apple iPhones and aluminium in between.

But for the Middle East, it is all about oil. While American President Donald Trump and Chinese counterpart Xi Jinping swap tariff salvos across billions of dollars worth of commodities and manufactured goods, for economic policymakers in the oil-exporting countries of the Arabian Gulf the main concern is what effect the confrontation between Washington and Beijing will have on their most important product — crude oil.

Petrochemicals Preforms Crude Oil

-Novozymes makes organizational changes to deliver on the strategy

Aligned with the updated strategy, the changes will make resources available to investment in new growth opportunities, industries and markets.

Today, Novozymes announces organizational changes to drive stronger growth and deliver on its updated corporate strategy, Better business with biology. The strategy, as announced on June 16, will drive higher sales and earnings growth over the three-year period 2020-2022, and beyond. Petrochemicals Preforms Crude Oil

Changes will free up resources which will be made available for reinvestments where they have higher impact. This also means that 280 – 330 employees will be laid off globally, of which 123 are in Denmark. Layoffs will happen across divisions, functions and regions and in accordance with local processes and requirements. In addition, a number of employees will be transferred to new roles inside the company.

Petrochemicals Preforms Crude Oil

-New Nova Chemicals’ plant will target plastic waste

As construction continues on a $2-billion expansion of Nova Chemicals’ polyethylene-manufacturing capacity in the Sarnia area, the corporation has named its first director of sustainability to help boost plastic recycling and recovery.

Sarah Marshall’s appointment to the post was announced by the company, which is building a new polyethylene manufacturing plant in St. Clair Township next to its Corunna site to double the capacity of its ethylene production.

New Nova Chemicals' plant will target plastic waste

-Roica to display new Eco-Smart yarn family at PV29

Roica, the premium stretch fibre for modern wardrobe by material innovator Asahi Kasei, will stand out at the Smart Creation Area, Première Vision’s (PV) epicentre of sustainability this year. Petrochemicals Preforms Crude Oil 

On show in Paris, will be the company’s hyper-performative yarns such as the certified Roica Eco-Smart Family in hall 3, booth s20, from September 17-19.

“The Roica Eco-Smart Family is the result of the innovation process marrying the company’s inquiring mind of innovativeness and sustainability with brands and designers’ growing demand for responsible materials,” said Shinichiro Haga, senior executive manager – Roica division in press release by the company.

Petrochemicals Preforms Crude Oil

-Middle East producers deal with narrower PP premiums

Middle East producers are expressing concerns about narrowing premiums between polypropylene (PP) raffia and block co-polymer premiums in Asia.

PP co-polymer prices typically command a $50-80/t premium over raffia in Asia but this has narrowed significantly. Middle East producers have maintained export premiums of $30/t in recent weeks but have struggled to find willing buyers.

Mideast Gulf producers are regular sellers of PP co-polymer to southeast Asia and China.

Middle East producers deal with narrower PP premiums

-Asian Polypropylene (PP) Prices Slip

This week, polypropylene prices across the Asian regions dropped. The price fall, was triggered by persistent bearish demand trends and a sharp fall in PP futures, on the Dalian Commodity Exchange in China.

A PP trader while in conversation with a Polymerupdate team member said, “buyers in key markets like China, continued to remain on the side line, owing to the persistent weakening of Yuan against the U.S. dollar and the onging trade war against the United States. This in turn, has impacted the demand trends across the other Asian regions.”

Asian Polypropylene (PP) Prices Slip

-Textile sector future to be decided by Industry 4.0: VDMA29

The future of the textile industry will be more and more determined by Industry 4.0—also called Industrial Internet of Things for intelligent and integrated manufacturing—including smart services, according to Nicolai Strauch, head of public relations of the Verband Deutscher Maschinen -und Anlagenbau (VDMA), or the German Engineering Federation.

-Textile sector future to be decided by Industry 4.0: VDMA29

-Monoethylene Glycol (MEG) Market Advanced Technologies and Innovations 2023

A sweet syrupy liquid, which is colorless, odorless in its purest form is known as Monoethylene glycol (MEG). Mono-ethylene Glycol (MEG) is find its usage in chemical intermediates for humectants, chemical intermediates, freezing point depression, solvents, resins, and solvent couplers. Petrochemicals Preforms Crude Oil

These applications are considered crucial in the manufacturing of a wide variety of products, such as coolants and automotive antifreeze, deicing fluids, asphalt emulsions and latex paints, heat transfer fluids, resins, leather and paper, electrolytic capacitors, textile fibers, and water-based adhesives.

Petrochemicals Preforms Crude Oil

-PET Bottle Flake and Pellet Handling System

Pelletron Corp., a global leader in providing custom solutions for pneumatic conveying and material handling systems to the plastics industry, was selected to supply the PET bottle flake and pellet handling systems for CarbonLITE’s newest post-consumer recycled PET plant in PA.

Pelletron is responsible for design, supply, and installation of the pneumatic transfer systems from and to multiple flake storage silos. The pneumatic conveying method applied for the pneumatic flake transfer system is the Strandphase technology in combination with the Pellbow, which assures the most gentle and economical handling of the flakes, even over distances as long as 400 ft.

PET Bottle Flake and Pellet Handling System

-Regional prices for PE, PVC and PET bottle resin slide in August

North American polyethylene resin prices continued a confusing summer in August, while regional prices for PVC and PET bottle resin were down for the month as well.

PE resin pricing has been the cause of much debate for most of the summer. Some PE buyers saw a 3-cent price drop in June. That 3-cent drop later spread through the rest of the market, reaching most buyers by the end of July.

Regional prices for PE, PVC and PET bottle resin slide in August

-Beetle scales hold secret to creating sustainable paint from recycled plastic, research shows

Experts have managed to mimic the colour of the Cyphochilus beetle’s scales one of the brightest whites in nature

Findings show the colour is created by the structure of the beetles’ scales, not by pigments and dyes

By managing to replicate this structure in the lab using plastic, researchers hope to pave the way for sustainable, ultra-white paints made from recycled plastic waste

New paints would have a much lower carbon footprint and help tackle the challenge of recycling single-use plastics

The structure of ultra-white beetle scales could hold the key to making bright-white sustainable paint using recycled plastic waste, scientists at the University of Sheffield have discovered. Petrochemicals Preforms Crude Oil

Beetle scales hold secret to creating sustainable paint from recycled plastic, research shows

Petrochemicals Biodegradable Biobased PET 29-08-2019

Petrochemicals Biodegradable Biobased PET 29-08-2019

Petrochemicals Biodegradable Biobased PET

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price is steady.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady,but ASF is weak.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,700/6,850 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  535/550 $/ton – MEG domestic market 4,500/4,650 yuan/tonPX Korea 775/790 $/ton

Polyester POY 150D/48F  domestic market 7,650/7,750  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,200/7,350 yuan/ton

Petrochemicals Biodegradable Biobased PET

Crude Oil Prices Trend

Petrochemicals Biodegradable Biobased PET

-The overlooked evolution in biopolymers

The UK is pressing ahead with its ban on single-use plastics, to take effect in April 2020. Yet eight million tonnes of single-use plastics are still produced each year. So, how can the ban overcome this growing reliance? Dr Ashlee Jahnke, director of research at plastic substitute specialist Teysha Technologies, explains why a breakthrough in biopolymers might hold the key.

The shortcomings of alternative biodegradable or compostable plastics are becoming ever more apparent. This is generally because they require certain environmental conditions to biodegrade within a reasonable time.

Petrochemicals Biodegradable Biobased PET

-Overcoming the plastic packaging problem

As the discussion around plastic packaging and climate change continues, Susan Brownlow takes a look at some innovative alternatives and the state of our current recycling processes. Petrochemicals Biodegradable Biobased PET

With Tesco recently pledging to intensify its determination to drastically reduce single-use plastic, including measures that de-list brands using excessive or too much non-recyclable packaging, the discussion around plastic packaging alternatives continues to escalate.

Tesco gave suppliers a list of preferred packaging materials last year which included, not surprisingly, sustainably sourced wood, board and paper, glass and aluminium – but also plastics such as polyethylene (PE), polyethylene terephthalate (PET) and polypropylene (PP).

Petrochemicals Biodegradable Biobased PET

-The Environmental Benefits of Hemp: Hemp Plastics

As governments around the world are increasingly allowing the Cannabis argument onto the agenda, the conversation has become about more than just medical or recreational. The uses of Hemp – the Cannabis plant that doesn’t get you high – have long been neglected.

However, this versatile plant is finally beginning to get the credit it deserves. With uses ranging from construction materials and fuel to biodegradable plastics, Hemp could be a significant player in reducing the world’s carbon emissions.

With an astonishing amount of petroleum-derived plastics being spilled into the oceans and landfills every year, people are increasingly questioning if there could be a better way. Plant bioplastics could offer a more sustainable alternative, and Hemp plastics could be a frontrunner. Petrochemicals Biodegradable Biobased PET

The Environmental Benefits of Hemp: Hemp Plastics

-Catalyst degrades microplastics

A reusable magnetic catalyst can break down microplastics in water…

A team from the University of Adelaide have created a catalyst that can break down the long polymer chains that make up microplastics. The result is small, harmless molecules that can dissolve in water, and the entire process happens within just a few hours. This is in stark contrast to the thousands of years that would normally be needed for plastic to break down.

The key to the new catalyst, developed by Shaobin Wang and his colleagues, is carbon nanotubes. These are very thin sheets of carbon atoms, rolled up into tubes and laced with nitrogen compounds. “When we think about degrading, this is not just cleaving it into smaller pieces, but really degrading the chemical structure,” says Ljiljana Fruk, a chemical engineer from the University of Cambridge, commenting on the results of this paper. Petrochemicals Biodegradable Biobased PET

Petrochemicals Biodegradable Biobased PET

-China PE markets weaken on yuan slump amid US-China trade tensions

China’s domestic polyethylene (PE) prices started to show bearishness amid the slumping yuan and increased appetite for hedging as the US-China trade war escalated.

The Chinese yuan hit a record low versus the US dollar on 26 August 2019. (Photo by Kin Cheung/AP/Shutterstock)

On 27 August, linear low density PE (LLDPE) were at yuan (CNY) 7,200-7,350/tonne, down by CNY125/tonne from the assessment on 23 August, according to ICIS data.

Current import offers for the same grade are at $810-840/tonne CFR (cost & freight) China, lower by $27.50/tonne from the previous week’s assessed prices.

Petrochemicals Biodegradable Biobased PET

-India’s plastic waste crisis is too big, even for Modi

India generates nearly 26,000 tonnes of plastic waste every day, making it the 15th biggest plastic polluter globally.

Discarded plastic waste litter the country’s roads, rivers and also form huge mounds in garbage dumps across the country. “The rubbish dump I frequent is filled mostly with plastic,” Ram Kumar, a ragpicker in Noida, near New Delhi, told Quartz. “Bottles, containers, and polythene bags are some of the items I routinely gather from here (to sell to recyclers).”

During the monsoon, plastic bottles at the dump accumulate water and are a breeding ground for mosquitoes. Besides the stench, the site poses a major health hazard for the area’s residents, exposing them to the mosquito-borne diseases.

Petrochemicals Biodegradable Biobased PET

-US PP exports facing logistics delays

US exporters of polypropylene (PP) are experiencing some logistics delays as bagging facilities along the US Gulf are operating at close to full capacity.

Material sold domestically is shipped in bulk railcars, which also service export buyers in the Mexican and Canadian markets.

For exports outside the North American region, material must be sent to the US Gulf Coast to be packaged and bagged.  Export cargoes are typically sold in 25kg bags packed onto container ships. Petrochemicals Biodegradable Biobased PET

US PP exports facing logistics delays

-Fashion and environment, here are the alternative models between listed and unlisted companies ( Italian Language Only)
Every year we spend 500 billion dollars (something like 450 billion euros) for clothes rarely worn and recycled. In recent years, the preference for frequent purchases of inexpensive garments in an attempt to keep up with the latest fashion trends has established itself, even with the spread of online shopping. However, this behavior causes enormous environmental damage. Synthetic materials, which lose millions of microfibres during washing, contaminating water flows like 50 billion plastic bottles. Not to mention 8% of greenhouse gas emissions and the 92 million tons of waste that the clothing and footwear industry generates globally each year. This is what emerges from the study conducted by Decalia in an editorial entitled “Fashion Victims”. However, alternative business models are being developed, which are gaining interest along the entire fashion chain. Among the protagonists of this change, also some listed companies.

Fashion and environment, here are the alternative models between listed and unlisted companies

-GCC PE may track weak Asia market amid US-China trade war

Polyethylene (PE) markets in the Gulf Cooperation Council (GCC) region are being weighed down by continued weakness in Asia amid recent escalation in the US-China trade tensions.

Khor Fakkan port in Dubai, UAE (Photo by Deedee Degelia Brent Winebrenner Degelia/Mood Board/Shutterstock)

Despite initial expectations of a seasonal uptick to emerge after the summer lull in July and August, resin importers in the GCC remain bearish on demand improving in the near-term even as they await offers for September shipments.

Petrochemicals Biodegradable Biobased PET

-Turkmenistan privatizes textile industry

Two public joint-stock companies (PJSC) in the textile sector will be formed in Turkmenistan, Trend reports referring to the Turkmen Textile Industry Ministry.

These include the textile complex located in Gypchak and the enterprise for the processing of cotton waste located in Buzmeyin (both in Turkmenistan’s Ahal Region).

Petrochemicals Biodegradable Biobased PET

-Are bioplastics really better for the environment? Read the fine print

Have you ever stood in front of a supermarket shelf and wondered if you should buy that product made from bioplastics rather than the conventional kind? Many people assume all bioplastics are made from plants and can break down completely in the environment. But that’s not the case.

The term “bioplastics” is actually used for two things: bio-based plastics (plastics made at least partly from biological matter) and biodegradable plastics (plastics that can be completely broken down by microbes in a reasonable timeframe, given specific conditions). Not all bio-based plastics are biodegradable, and not all biodegradable plastics are bio-based. And even biodegradable plastics might not biodegrade in every environment. Sounds confusing? It certainly is.

Are bioplastics really better for the environment? Read the fine print

Petrochemicals Biodegradable green plastic 28-08-2019

Petrochemicals Biodegradable green plastic

China – Polyethylene Terephthalate

PET and it’s chain are steady.

Crude oil price increases.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,700/6,850 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,650/7,750  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,200/7,350 yuan/ton

Petrochemicals Biodegradable green plastic

Crude Oil Prices Trend

Crude Oil Prices Trend

-Recycled Synthetics Play an Integral Role in the Sports and Outdoors Markets

Recycled Nylon and Polyester Clean the Oceans of Excessive Waste

Plastic waste is one of the big problems of this time. By 2050, the oceans could contain more waste than fish. Consumer demand for recycled fashion is on the rise, and more and more sports and fashion companies work with it – in different ways.

It’s an unsightly plight and causing damage to marine life globally, as plastic from our lifestyles ends up in the oceans. According to data UNEP (United Nations Environment Programme) eight million tons of waste ends up in our seas every single year, 640 thousand tons of fishing nets abandoned at the bottom of the ocean.

Petrochemicals Biodegradable green plastic

-Standard recyclate August 2019 Price Review

Prices of some standard recyclate grades on the Western European market declined somewhat in July 2019. Declining virgin material contract prices thwarted recyclers’ moves to hike sales prices for recycled polyethylene and recycled polypropylene on the grounds of increased costs.

With rPE, rPP homo and rPET flakes, suppliers even had to grant slight discounts. There were also reductions for both coloured and dark rLDPE, as some recyclers pushed lower-specified grades onto the European markets after losing important export markets in Asia.Petrochemicals Biodegradable green plastic

Petrochemicals Biodegradable green plastic

-Oxo-bio plastic: a potential solution to environmental issues

Oxo-bio plastic technology developed by Symphony Environmental can produce plastic which converts into biodegradable materials in the open environment.

The LA Tribune reported in June 2019 that 600,000 tonnes of plastic are being dumped by 22 countries in the Mediterranean Sea alone every year; and this plastic will rapidly fragment into microplastics. For the foreseeable future, a substantial amount of plastic will continue to get into the open environment – from which it cannot realistically be collected – and it is this fraction of plastic waste for which most countries have no answer. Exceptions include the UAE, Saudi Arabia, Pakistan and other countries which have legislated to make it mandatory to use oxo-biodegradable technology for everyday plastic items. By contrast, the EU has terminated the European Chemicals Agency’s study and therefore has no dossier from its own scientific experts to support any policy on oxo-bio plastic technology.

Oxo-bio plastic: a potential solution to environmental issues

-Polypropylene August 2019 Price Review

Producers’ initial attempts to avoid passing on all of their cost relief from the lower propylene contract fizzled out as the European market was flooded with special offers.

Most suppliers offered a rebate of at least €80/t ($90), and even more for copolymers. Here, contract prices bounced back to the February level.

In many contracts, compound prices moved in tandem with the indexed material. Demand slowly livened up, but only gained noticeable momentum after producers made concessions. Petrochemicals Biodegradable green plastic

Polypropylene August 2019 Price Review

-Laser printing tech produces waterproof e-textiles in minutes

The next generation of waterproof smart fabrics will be laser printed and made in minutes, according to researchers behind a new e-textile technology.

Scientists from RMIT University have developed a cost-efficient and scalable method for rapidly fabricating textiles that are embedded with energy storage devices.

In just three minutes, the method can produce a 10x10cm smart textile patch that is waterproof, stretchable and can be integrated with energy harvesting technologies.

Polypropylene August 2019 Price Review

-It’s time we all woke up to the perils of plasticUpload Files

Plastic pollution: Plastic didn’t exist 100 years ago yet is today choking the air and our planet with its toxicity

Plastic pollution: Plastic didn’t exist 100 years ago yet is today choking the air and our planet with its toxicity

Given the intense heat of the last couple of weeks I have been spending quite a bit of time hiding indoors watching YouTube videos on various aspects of minimalism, downsizing, upcycling, tidying, sustainability and veganism.

Polypropylene August 2019 Price Review

-China’s Sinopec Seeks Tariff Waiver For US Crude Oil

The biggest refiner in China and in Asia, Sinopec, plans to apply for a tariff exemption with the Chinese government for its imports of U.S. crude oil, Reuters reported on Monday, citing sources familiar with the issue.

On Friday, China and the United States traded tariff and counter-tariff announcements, with Beijing saying first that China would place tariffs on a range of U.S. products worth US$75 billion, including crude oil, in two batches starting on September 1 and on December 15. U.S. President Donald Trump retaliated with announcements of higher tariffs on Chinese products.

China’s Sinopec Seeks Tariff Waiver For US Crude Oil


The Aquafil group, one of the leading nylon 6 producers in Italy and in the world, closed the first half of the year with revenues down to 286.7 million (-1.6%).
Revenues from Econyl brand products, those obtained from industrial wastes of nylon or other products
Petrochemicals Biodegradable green plastic

-Gartex Texprocess India Leads The Way With Solutions For Product Innovation Within Textiles And Garment Sector

Bigger and better than ever before, Gartex Texprocess India witnessed intense networking as it brought together 180 exhibitors from four countries and 10,390 trade professionals from 290 cities and six countries under one roof. Multiple zones and focused business segments on the show floor ensured that the fourth edition brought together stakeholders of textiles and garment industry for cross-sector, creative and collaborative interactions. Petrochemicals Biodegradable green plastic

India is among the world’s largest producers of textiles and garments and garment and apparel manufacturers, while embracing the change, are focusing on product innovation.

Gartex Texprocess India Leads The Way With Solutions For Product Innovation Within Textiles And Garment Sector

-First’ PBTs for Extrusion of Profiles and Thermoforming

BASF will showcase the new Ultradur PBT portfolio extensions at K 2019.

We have devoted a significant portion of the September issue of Plastics Technology to what themes, equipment and materials innovations you can expect to see at K 2019 this October in Düsseldorf, Germany.

In my K 2019 preview of resins and additives, I included news from BASF, which along with several other new materials and additives, will be highlighting its newly extended Ultradur PBT portfolio to include what is said to be the ‘first’ performance PBT extrusion grades for profiles and thermoforming.

Petrochemicals Biodegradable green plastic

-Sumitomo (SHI) Demag hires new Group CSO

Sumitomo (SHI) Demag Plastics Machinery GmbH has announced Siegfried Köhler as the Company’s new Group Chief Sales Officer.

Effective 1 October 2019, Köhler joins the management team, taking on the responsibility of further strengthening Sumitomo (SHI) Demag’s focus of aligning international sales with automation and business development.

Given his expertise in both injection moulding and peripheral manufacturing

equipment, engaging the expertise of Köhler is regarded by the company as a real customer advantage given its rapidly expanding presence in all key international injection moulding markets.

Petrochemicals Biodegradable green plastic

Petrochemicals Biodegradable Paraxylene 27-08-2019

Petrochemicals Biodegradable Paraxylene

Crude Oil Prices Trend

Petrochemicals Biodegradable Paraxylene

-Asia naphtha slides on crude oil fall; demand muted

Asia’s naphtha prices tumbledon Monday on losses in global crude oilbenchmarks, with muted demand and ample supplyalso weighing on the market.

Container ships atTokyo port. (Photo by KojiSasahara/AP/Shutterstock)

In early hours session, open-specificationnaphtha prices for first-half October deliverystood at $454.50/tonne CFR (cost and freight)Japan basis, falling by $15.25/tonne from theprevious Asia close on 23 August.

Spot CFR Japan naphtha prices have slumped totheir lowest in more than two weeks against a slippery slope backdrop, according to ICISdata, undermined by volatility in global oilprices. Petrochemicals Biodegradable Paraxylene

Petrochemicals Biodegradable Paraxylene

-Turkey’s Sabanci to sell its 57.9% stake in Yunsa textiles producer

Sabanci Holding, Turkey’s second largest conglomerate by sales, has mandated its CEO Cenk Alper and Cement Group head Tamer Saka to sell its entire 57.9% stake in woollen textiles producer Yunsa, the conglomerate said on August 26 in a stock exchange filing.

Yunsa makes up 4.6% of Sabanci’s net asset value. Yunsa shares were trading with an EV/Ebitda of 4.7, Is Invest said in its daily bulletin.

Sabanci shares (SAHOL) were down 2.04% d/d to TRY8.65 and up 24.85% y/y as of 13:00 Istanbul time, while Yunsa shares (YUNSA) jumped 19.8% d/d to TRY4.84, meaning they were down 21% y/y.

Petrochemicals Biodegradable Paraxylene

-Asia petchem markets, crude oil slump on trade war escalation

Asia’s petrochemical sharesand prices of key feedstocks is set to beweighed in the near term by the latesttit-for-tat escalation in the trade war betweenthe US and China.

A currencydealer works in front of a display screen at thetrading room of KEB Hana Bank’s headquarters inSeoul, South Korea (YONHAP/EPA-EFE/Shutterstock)

Fresh worries over the trade war resulted inChina’s yuan (CNY) falling to a record low on Monday at CNY7.14 to thedollar.

In the energy market, Brent crude was down by0.49 cents at $58.85/bbl after earlier havingtouched $58.24/bbl, the lowest since 15 August.US crude was trading 56 cents lower at $53.61. Petrochemicals Biodegradable Paraxylene

Petrochemicals Biodegradable Paraxylene

-Lotte Chemical reportedly vying for Japan’s Hitachi Chemical

Lotte Chemical Corp., a petrochemical company under South Korean conglomerate Lotte Group that has been seeking to bolster its advanced material business, has joined a race to win Hitachi Chemical Co., the chemical unit of Japan’s Hitachi Ltd., against leading global private equity firms.

According to multiple sources from the investment banking industry on Friday, Lotte Chemical has submitted a preliminary bid earlier this month to buy Hitachi Chemical from its largest shareholder Hitachi with 51.2 percent stake ownership. Foreign media have reported that Hitachi has received preliminary bids for the majority stake in Hitachi Chemical by August 9

Lotte Chemical reportedly vying for Japan’s Hitachi Chemical

-Martullo-Blocher earned with CO2-Save-view million

In April announced that Ems-Chemie-Boss: “We are the Swiss company, which reduces the most CO2!”.

Further down in the article it is clear why: energy is a major cost factor. “Every saving also means less costs,” explains Magdalena Martullo-Blocher.

Or money: Because, as the “Sunday newspaper” has, of all things, washed down the CO2-reduction of Ems-Chemie between 2013 and 2018, to around 7 million in the Fund. There is a large incentive to reduce emissions. Petrochemicals Biodegradable Paraxylene

Petrochemicals Biodegradable Paraxylene

-Online-paintable fuel filler flap made from PBT

Customized compounds based on polybutylene terephthalate (PBT) can be a cost-effective alternative to high-performance thermoplastics in the production of fuel filler flaps. This can be seen in the new Skoda Scala, for example, whose fuel filler flap is made from Pocan B5221XF from materials supplier Lanxess.

PBT fuel filler cap is a lower-cost, yet high-performance alternative to resins such as PPE+PA.

The PBT compound was given preference over a blend of polyphenylene ether and polyamide (PPE+PA). “Our material is less expensive and exhibits comparable performance when it comes to surface quality, paintability, and mechanical properties.

Petrochemicals Biodegradable Paraxylene

-Polymers: Linoleic acid derived from vegetable oils to replace crude oil

Everyone knows that our raw material resources, such as oil, are limited. Reason enough to think about alternatives for a wide variety of applications.

The annual production of around 400 million metric tons of polymers, for example, is still extracted for the most part from crude oil.

This may soon change in this market, which is considered one of the most significant in the chemical industry.

Researchers from the Faculty of Applied Sciences at the  Cologne University of Applied Sciences have developed a process for using linoleic acid – which can be obtained from vegetable oils by hydrolysis and distillation – as a new source for bio-based polymer intermediates. Petrochemicals Biodegradable Paraxylene

Polymers: Linoleic acid derived from vegetable oils to replace crude oil

-New textile trade show in Berlin

The Apparel Textile Sourcing Germany (ATSG) trade fair will take place for the first time in Berlin from September 11 to 13, 2019.

Two hundred manufacturers from all over the world will come together at the Estrel Conference Center Berlin.

Visitors will be given the opportunity to learn about developments and trends in the global clothing and textile market.

The spectrum ranges from sustainable clothing to trendsetting production techniques.

New textile trade show in Berlin

-Shredding technology goes Industry 4.0

Getecha has equipped its complex shredding plants with integrated feeding devices, grippers and exhaust air systems.

Getecha has equipped its complex shredding plants with integrated feeding devices, grippers and exhaust air systems. (Source: Getecha)

When comminution mills are integrated into automated plastics processing, their information integration also moves into the focus of planners and automators.

Getecha is therefore increasingly equipping the larger central mills of its Roto Schneider series with intelligent Industry 4.0-functions. Petrochemicals Biodegradable Paraxylene

Shredding technology goes Industry 4.0

Petrochemicals Biodegradable Naphtha 26-08-2019

Polyolefins Petrochemical Caprolactam Prices

Polyolefins Petrochemical Caprolactam

Polyolefins Petrochemical Caprolactam

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM19/08/201926/08/2019+/-
Bottle grade PET chips domestic market6,925 yuan/ton6,800 yuan/ton-125
Bottle grade PET chips export market890 $/ton870 $/ton-20
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Caprolactam

6,750 yuan/ton6,575 yuan/ton-175
Filament grade Bright chips domestic market6,850yuan/ton6,700 yuan/ton-150
Pure Terephthalic Acid PTA domestic market5,275 yuan/ton5,125 yuan/ton-150
Pure Terephthalic Acid PTA export market
700 $/ton 680 $/ton-15
Monoethyleneglycol MEG domestic market4,520 yuan/ton4,570 yuan/ton+50
Monoethyleneglycol MEG export market538 $/ton542 $/ton+4
Paraxylene PX FOB  Taiwan market790 $/ton784 $/ton-6
Paraxylene PX FOB  Korea market771 $/ton765 $/ton-6
Paraxylene PX FOB EU market

Polyolefins Petrochemical Caprolactam

697 $/ton706 $/ton+9
Polyester filament POY 150D/48F domestic market7,760 yuan/ton7,700 yuan/ton
-60
Recycled Polyester filament POY  domestic market7,250 yuan/ton7,350 yuan/ton+100
Polyester filament DTY 150D/48 F domestic market9,150 yuan/ton9,100 yuan/ton-50
Polyester filament FDY 68D24F domestic market 8,650 yuan/ton8,650 yuan/ton
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Caprolactam
8,050 yuan/ton8,000 yuan/ton-50
Polyester staple fiber 1.4D 38mm domestic market7,250 yuan/ton7,250 yuan/ton
Caprolactam CPL domestic market12,150 yuan/ton12,200 yuan/ton
+50
Caprolactam CPL overseas  market1,460 $/ton1,460 $/ton
Nylon6 chips overseas  market1,760 $/ton1,760 $/ton
Nylon6 chips conventional spinning domestic  market12,950 yuan/ton12,950 yuan/ton
Nylon6 chips  high speed spinning domestic  market13,050 yuan/ton13,100 yuan/ton+50
Nylon 6.6 chips domestic  market23,700 yuan/ton23,500 yuan/ton-200
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Caprolactam

15,600 yuan/ton15,600 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market18,300 yuan/ton18,300 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market16,650 yuan/ton16,650 yuan/ton
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,000 yuan/ton-500
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market5,200 yuan/ton5,290 yuan/ton+90
Benzene overseas  market652 $/ton674 $/ton +22
Ethylene South East market855 $/ton820 $/ton-35
Ethylene NWE  market921 $/ton984 $/ton+63
Acrylonitrile ACN  domestic market12,000 yuan/ton11,800 yuan/ton-200
Acrylonitrile ACN  overseas market1,600 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,500 yuan/ton
Viscose Staple Fiber VSF  domestic market11,300 yuan/ton11,100 yuan/ton-200
PP Powder domestic market8,625 yuan/ton8,550 yuan/ton-75
Naphtha overseas market 

Polyolefins Petrochemical Caprolactam

462 $/ton468 $/ton
+6
Phenol domestic market 7,425 yuan/ton7,525 yuan/ton+100
PS Taiwan 5250 GPPS1,145 $/ton 1,127 $/ton-18
PS Taiwan 8250 HIPS1,278 $/ton 1,252 $/ton-26
LDPE CFR Far East 987 $/ton952 $/ton-35
LLDPE CFR Far East887 $/ton862 $/ton-25
LDPE   FOB Middle East958 $/ton938 $/ton-20
LLDPE FOB Middle East863 $/ton848 $/ton-15
HDPE CFR Far East948 $/ton938 $/ton-10
LDPE FD Northwest Europe 1,003 €/ton993 €/ton-10
LLDPE FD Northwest Europe 983  €/ton973 €/ton-10
Homopolymer PP CFR Far East1,010 $/ton1,010 $/ton
Homopolymer PP FD NWE1,061 €/ton1,061 €/ton

Polyolefins Petrochemical Caprolactam

Petrochemicals Biodegradable Naphtha 26-08-2019

Petrochemicals Biodegradable Naphtha

Polyolefins Petrochemical Caprolactam Prices

Petrochemicals Biodegradable Naphtha

Crude Oil Prices Trend

Crude Oil Prices Trend

-rPET goals: Indorama puts its money where its mouth is

Thai chemicals company Indorama Ventures is investing 33 billion Baht (EUR 1.35 billion) into the recycling of its PET resin, Reuters has reported.

Indorama creates polymers and fibres used to manufacture plastic bottles, seat belts and tyres. It produced almost five million tonnes of PET in the 12 months to July. The investment will support recycling efforts over the next five years, says chief executive Aloke Lohia.

The funds are meant to cover greenfield and brownfield mergers and acquisitions focusing on bottle-to-bottle recycling. Indorama currently has 11 recycling sites around the world, including plants in Thailand, Mexico and France.

Petrochemicals Biodegradable Naphtha

-Intertextile Shanghai celebrates 25 years

ntertextile Shanghai Home Textiles, which is celebrating 25 years as Asia’s leading trade fair for the interior textiles industry, is all set to open on August 28. The four-day mega show will have around 1,150 exhibitors from 27 countries and regions who will display their latest products and technologies for the home and contract textiles sectors.

The 2018 edition had welcomed 39,730 trade buyers from 104 countries and regions.

“We are very optimistic about the business opportunities that will present themselves at the fair next week,” Wendy Wen, senior general manager of Messe Frankfurt (HK) explained.

Petrochemicals Biodegradable Naphtha

-Coca-Cola Australia launches campaign to celebrate its commitment to using 100% recycled plastic bottles

Coca-Cola Australia has launched a campaign, from Ogilvy, to promote its new commitment to reduce plastic waste and packaging by making its bottles out of recycled plastic.

The ad shows a lady bird finding a Coca-Cola bottle lying on the ground just feet away from a recycling bin. After trying to shift the bottle alone, she enlists an army of ants to carry the bottle up a tree, and drop it into the bin.

Petrochemicals Biodegradable Naphtha

-PetroChina Guangdong Petrochemical Company to adopt Honeywell UOP technology

PetroChina Guangdong Petrochemical Company will adopt advanced heavy oil processing technology from Honeywell UOP for its integrated petrochemical complex in China. The new facility will have an annual crude processing capacity of 20 million tons, helping to meet a national energy security strategy while transforming PetroChina Guangdong into a more fully integrated petrochemicals supplier. Honeywell UOP will provide a range of technology licenses, engineering design, key equipment, and state-of-the-art catalysts and adsorbents, operator training, technical services for startup and continuing operation.

Petrochemicals Biodegradable Naphtha

-Oil spills into U.S.-China trade war, prices slump

China said on Friday it would impose tariffs on U.S. crude oil imports for the first time, sending prices down nearly 4% to two-week lows as the escalating bilateral trade war fed worries over a slowdown in global oil demand.

Beijing said crude would be among the U.S. products hit by tariffs of 5% as of Sept. 1. U.S. President Donald Trump responded later in the day saying starting on Oct. 1, the 25-percent tariffs on $250 billion worth of Chinese goods will rise to 30%. Tariffs on remaining $300 billion due to begin on Sept. 1 will now be set at 15%, versus 10%.

Petrochemicals Biodegradable Naphtha

-U.S. To “Drown The World” In Oil

The U.S. could “drown the world in oil” over the next decade, which, according to Global Witness, would “spell disaster” for the world’s attempts to address climate change.

The U.S. is set to account for 61 percent of all new oil and gas production over the next decade. A recent report from this organization says that to avoid the worst effects of climate change, “we can’t afford to drill up any oil and gas from new fields anywhere in the world.” This, of course, would quickly cause a global deficit, as the world continues to consume around 100 million barrels per day (bpd) of oil.

U.S. To “Drown The World” In Oil

-Odisha approves 5 projects including hydrocarbon processing complex and petrochem complex

At a meeting of the 20th High-Level Clearance Authority (HLCA), the Odisha state government has approved five projects with a cumulative investment proposal of ?2,04,069 crore.

A hydrocarbon processing complex in Subarnarekha by Haldia Petrochemicals Limited (HPL) and a petrochemical complex in Paradip by the Indian Oil Corporation Ltd (IOCL) are part of the 5 projects.

Petrochemicals Biodegradable Naphtha

-Iranian tanker pursued by US says it is going to Turkey

An Iranian-flagged oil tanker pursued by the United States amid heightened tensions between Tehran and Washington changed its listed destination to a port in Turkey after Greece said it wouldn’t risk its relations with America by aiding it.

The crew of the oil tanker Adrian Darya 1, formerly known as the Grace 1, on Aug. 24 updated its listed destination in its Automatic Identification System to Mersin, Turkey, a port city in the country’s south and home to an oil terminal.

Iranian tanker pursued by US says it is going to Turkey

-Technological Advancements in Bio based PET Market

HTF MI recently Announced Global Bio based PET study with 100+ market data Tables and Figures spread through Pages and easy to understand detailed TOC on “Bio based PET.

Global Bio based PET research allows you to get different methods for maximizing your profit.

The research study provides estimates for Global Bio based PET Forecast till 2025*. Some of the Leading key Company’s Covered for this Research are H.J. Heinz, Ford Motor, Coca-Cola, Toyota Tsusho, Toray Industries, M& G Chemicals, Braskem, Novamont & Avantium Technologies.

Technological Advancements in Bio based PET Market

-Covestro films OEKO-TEX® certified

Covestro’s Platilon® thermoplastic polyurethane (TPU) films are ideal for many smart and pollution-free textile applications.

They are breathable, waterproof, tear-resistant and above all skin-friendly.

That makes them the material of choice for sports articles and outdoor clothing, but also for furniture and seat covers for cars.

Several of these film products have recently been certified with Standard 100 by OEKO-TEX®, which confirms their high level of product safety for consumers.

Covestro films OEKO-TEX® certified

Petrochemicals Biodegradable Smart Fabric 24-08-2019

Petrochemicals Biodegradable Smart Fabric

-Trade War Escalates With China Announcing Tariff Hikes On $75 Billion Of U.S. Products

The conflict over trade and technology is threatening to tip a weakening global economy into recession.

China on Friday announced tariff hikes on $75 billion of U.S. products in retaliation for President Donald Trump’s latest planned increase, deepening a conflict over trade and technology that threatens to tip a weakening global economy into recession.

China also will increase import duties on U.S.-made autos and auto parts, the Finance Ministry announced. Petrochemicals Biodegradable Smart Fabric

Petrochemicals Biodegradable Smart Fabric

-Transforming the textile sector’s approach to water

WWF has been driving the adoption and implementation of Water Stewardship in the textile sector since 2011. With the support of international brands and local partners, WWF has established water stewardship projects in several countries, including China, India, Vietnam and Turkey. The brochures on this page will help other companies and countries to learn from these flagship projects. Petrochemicals Biodegradable Smart Fabric

China – Taihu Lake Basin:

The textile sector is key to China’s economy with a total economic volume of about US$1 trillion. China’s textile exports comprise 25 percent of the country’s total exports and are valued at US$29 billion. Today, the country’s textile industry withdraws over 3 trillion liters of water, accounting for 8 percent of the total industrial water withdrawal and making textiles the fourth largest industrial water user.

Petrochemicals Biodegradable Smart Fabric

-Microplastics in water: no proof yet they are harmful, says WHO

Report calls for more research and warns against complacency over the issue

Microplastics are increasingly found in drinking water, but there is no evidence so far that this poses a risk to humans, according to a new assessment by the World Health Organization.

However, the United Nations body warned against complacency because more research is needed to fully understand how plastic spreads into the environment and works its way through human bodies. Petrochemicals Biodegradable Smart Fabric

Petrochemicals Biodegradable Smart Fabric

-Nylon Fiber Market showing footprints for Strong Annual Sales

Advance Market Analytics released a comprehensive study of 200+ pages on ‘Nylon Fiber’ market  with detailed insights on growth factors and strategies. The study segments key regions that includes North America, Europe, Asia-Pacific with country level break-up and provide volume* and value related cross segmented information by each country.

Nylon Fiber Market showing footprints for Strong Annual Sales

-Europe PE market visibility murky for September

Polyethylene (PE) players arelooking toward September, with expectations ofmore material arriving from the US and demandremaining uncertain.

Low-priced US PE offered

Asia prices down

Cautious buying to continue

A series of planned and unplanned crackeroutages has not had much impact on the Europeanethylene or PE markets. Spot ethylene hastraded at contract minus 13.5-14% this week Petrochemicals Biodegradable Smart Fabric

Low end PE spot prices remain below the currentethylene contract price in most cases, andoffers of US material are keeping pressure onthe market, particularly in the high densitypolyethylene (HDPE) sector.

Petrochemicals Biodegradable Smart Fabric

-Proposed Chinese tariffs target hundreds of US plastic, chemimports

China’s latest list of proposedtariffs against the US covers hundreds ofchemicals and plastics, with the first batchtaking effect in a little more than a week.

In all, China has proposed tariffs on $75bn ofgoods, with the first batch taking place on 1September. Some will receive tariffs of 5% andothers will receive tariffs of 10%.

The second batch of tariffs will take effect on15 December. Like the first, some products willreceive tariffs of 5% and some will receivetariffs of 10%.

China is imposing the tariffs in retaliation to theUS imposing duties of 10% on $300bnworth of imports. Petrochemicals Biodegradable Smart Fabric

Petrochemicals Biodegradable Smart Fabric

-New Biodegradable T-shirt Made From Plants and Algae

Another new month, another new experimental garment from the inimitable creative apparel powerhouse that is VolleBak… except this time they haven’t made a hoodie that glows, or can be worn on Mars, or is made from graphene or carbon fiber.

This time they’ve created a garment that doesn’t consciously last thousands of years, but rather, turns into worm-food when you’re done wearing it. VolleBak’s bizzarely eco-friendly shirt uses a never-seen-before, one-of-a-kind yarn made from pulped eucalyptus, spruce, and beech, along with a print that’s created using the world’s most abundant flora… algae!

“The only thing different about this T-shirt is that it grew in soil and water, and that’s where it’s designed to end up too. All you need to do is remember to compost it at the end of its life. Here it will biodegrade with them, turn into soil, and help new plants to grow,” explains Vollebak co-founder, Steve Tidball.

New Biodegradable T-shirt Made From Plants and Algae

-Magnets Are Used to Extract Algal Molecules for the Bioplastics Industry

Entrepreneurs in the aquaculture sector face a problem – extracting all the valuable molecules from seaweed and algal cells is still really difficult. But marine enzymes and magnets are now making it easier to remove precious molecules and can even turn microalgae into magnetically-guided ‘vehicles’ for targeted drug delivery.

Algal cells contain all kinds of useful substances, such as omegas which are used in food supplements, proteins, anti-oxidants for beauty products, and organic chemicals that are used to make biodegradable alternatives to plastic.

Unfortunately, more than half of the substances found in seaweed cannot be harvested.

‘The problem with the industrial process of extracting alginate (a type of acid found in seaweed used in pharmaceuticals) is that 60% of the biomass will not be useable for anything else,’ said Dr Kévin Cascella, a molecular marine biologist and project manager for a project called GENIALG. Petrochemicals Biodegradable Smart Fabric

Petrochemicals Biodegradable Smart Fabric

Related Topics

Petrochemicals Biodegradable Smart Plastic 23-08-2019

BASF Toray longfiber thermoplastic

BASF Toray longfiber thermoplastic

BASF and Toray will produce long-fiber thermoplastic ribbons

BASF Toray longfiber thermoplastic

MOSCOW – Toray Advanced Composites and BASF have signed an agreement to manufacture and supply thermoplastic-based long-fiber tapes (CFRT) for the automotive and industrial sectors, the company said.

Under the terms of the agreement announced on August 14, Toray Advanced Composites will produce high-quality composite tapes using BASF polyamide-6.

Thermoplast PA-6 BASF Ultramid will be reinforced with glass or carbon fiber.

Earlier it was reported that in 2004 Basf AG and Toray Industries founded an equal-share joint venture for the production of polybutylene terephthalate. The investment in the project is USD40 million. BASF Toray longfiber thermoplastic

Production will be based on the polymerization technology developed by Toray, and the main raw material, butanediol, will be produced at the nearby BASF plant.BASF

Toray Plastics is a subsidiary of Toray Industries, Inc, a leading global manufacturer of synthetic fibers and textiles, high-quality polypropylene (PP) and polyester films and engineering plastics. BASF Toray longfiber thermoplastic

Toray Plastics is the largest ABS plastic manufacturer in Southeast Asia, which it launches under the TOYOLAC trademark.

BASF is the largest producer of chemicals. The product portfolio consists of five segments: chemicals, special products, functional materials and solutions, solutions for agriculture, as well as oil and gas.

In 2018, BASF sales amounted to about 63 billion euros. BASF shares are traded on the Stock Exchange in Frankfurt (BAS), as well as in the United States as American Depositary Receipts (BASFY). BASF Toray longfiber thermoplastic

mrcplast.ru

Author:

Anna Larionova

Related Topics

NPP POLYPLASTIC in September will launch a new line in Engels 

Aquafil Environment Sustainability Report

Aquafil Environment Sustainability Report

Aquafil publishes 2018 Sustainability Report

Aquafil Environment Sustainability Report

Source : https://www.innovationintextiles.com

Thanks to the Econyl Regeneration System it is possible to obtain new nylon yarn from discarded resources. © Aquafil

Aquafil, a leading Italy-based specialist in the production of Polyamide 6 (nylon 6), has released its latest Sustainability Report. For over a decade, Aquafil has used the Sustainability Report to showcase the company’s commitment to doing business responsibly. The report discloses the Group’s commitment to sustainability and the results that Aquafil has achieved in helping to support and protect employees, local communities, and the environment. Aquafil Environment Sustainability Report

According to Aquafil’s 2018 Sustainability Report, greenhouse gas emissions were reduced by 30% since 2016, and operations run on 100% renewable energy.

Rethinking products

For more than 30 years Aquafil has placed the circular economy as a core value of the company’s business strategy. To save resources, give new life to otherwise lost materials, increase efficiency along the value chain. Through its goals, step by step the company is positioning the Group as a leader, both nationally and internationally.

Last year saw a start of the European project Effective, aimed at the development of nylon and other textile fibre from biomaterials. The company opened the US Aquafil Carpet Recycling plant, aimed at the recycling of old carpets. The recovered materials find different uses: the nylon fraction is regenerated in the Econyl process, while the others are used in other industrial sectors. Aquafil Environment Sustainability Report

Thanks to the Econyl Regeneration System it is possible to obtain new nylon yarn from discarded resources, such as end of life fishnets and other waste materials that would otherwise go to landfill. “Our system also allows us to reduce GHG emissions from the caprolactam, the raw material used to produce nylon yarn.”

Protecting environment

Aquafil is committed to protecting the environment throughout the entire supply chain. “We have specific initiatives in place designed to reduce the environmental impacts of our processes, through energy recovery,” the company continues. “For example, AquafilSLO transfers our excess thermal energy to Atlantis water park, where it is used to heat their water, thus minimising energy wastage for both companies.”

Aquafil Environment Sustainability Report

Aquafil obtains new nylon yarn from discarded resources, such as end of life fishnets. © Aquafil  Aquafil Environment Sustainability Report

The company also endorses the UN Sustainable Development Goals (SDGs) and uses them as a guide to determine our sustainability goals and objectives. “This provides us with a framework to measure and track our progress, and globally communicate about a model for sustainable development,” the manufacturer says. In 2018, Aquafil contributed to the achievement of eight SDGs through its sustainability improvements.

Aquafil and sustainability

“Aquafil and Sustainability is the story of what we do every day to contribute to sustainable development. We have chosen to report here only the most relevant information: the pillars on which we base our sustainability path, which we called Eco Pledge, and some of the main results achieved in 2018. At the end of each paragraph you will find the link to the more detailed information in the non-financial disclosure,” said Giulio Bonazzi, President of Aquafil. Aquafil Environment Sustainability Report

From this year on, the sustainability report forms an integral part of the non-financial disclosure included in the annual consolidated financial statements as established by the Italian Legislative Decree n. 254/2016, and summarises all the commitments Aquafil has made to support and safeguard its employees, local communities, the environment in which it operates and the planet as a whole.

www.econyl.com

www.aquafil.com

Related Topics

Aquafil USA carpet recycling plant

Petrochemicals Biodegradable Smart Plastic 23-08-2019

Petrochemicals Biodegradable smart plastic

China – Polyethylene Terephthalate

PET and it’s chain continue to be weak.

Crude oil price decreases.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 810/870 $/ton PET Bottle grade domestic market 6,750/6,850 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,700/6,800 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,100/5,200 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 775/785 $/ton

Polyester POY 150D/48F  domestic market 7,700/7,800  yuan/tonPolyester DTY 150D/48F  domestic market 9,050/9,150  yuan/tonPolyester Staple PSF domestic market 7,250/7,350 yuan/ton

Petrochemicals Biodegradable Smart Plastic

-BASF and Toray will produce long-fiber thermoplastic ribbons

Toray Advanced Composites and BASF have signed an agreement to manufacture and supply thermoplastic-based long-fiber tapes (CFRT) for the automotive and industrial sectors, the company said.

Under the terms of the agreement announced on August 14, Toray Advanced Composites will produce high-quality composite tapes using BASF polyamide-6.

Thermoplast PA-6 BASF Ultramid will be reinforced with glass or carbon fiber.

BASF and Toray will produce long-fiber thermoplastic ribbons

Crude Oil Prices Trend

Crude Oil Prices Trend

-Aquafil publishes 2018 Sustainability Report

Thanks to the Econyl Regeneration System it is possible to obtain new nylon yarn from discarded resources. © Aquafil

Aquafil, a leading Italy-based specialist in the production of Polyamide 6 (nylon 6), has released its latest Sustainability Report.

For over a decade, Aquafil has used the Sustainability Report to showcase the company’s commitment to doing business responsibly.

The report discloses the Group’s commitment to sustainability and the results that Aquafil has achieved in helping to support and protect employees, local communities, and the environment. Aquafil Environment Sustainability Report

According to Aquafil’s 2018 Sustainability Report, greenhouse gas emissions were reduced by 30% since 2016, and operations run on 100% renewable energy.

Petrochemicals Biodegradable smart plastic

-Pressure mounting on China’s PE market as supply expands

China’s polyethylene (PE) market will continue to face pressure from incremental supply in the second half of 2019, amid overseas capacity additions as well as fewer domestic plant turnarounds.

The total domestic supply in the first half of 2019 increased by around 14% year on year, with domestic output up by 12% and imports up by 17%, ICIS data showed.

The increase in domestic output in the first half of 2019 was mainly attributed to fewer plant turnarounds compared with the year before.

Only Jiutai Energy started up its 250,000 tonne/year high density polyethylene (HDPE)/liner low density polyethylene (LLDPE) plant in May throughout the first six months. Petrochemicals Biodegradable smart plastic

Pressure mounting on China's PE market as supply expands

-Refuse to Resource: Suntory’s Bottle-to-Bottle Initiative to Reshape Plastic Recycling

Only 10% of Japan’s plastic drink bottles are recycled into new containers for products in the same industry. With more countries refusing to accept plastic waste, Japanese authorities and businesses are rethinking how to handle the growing mountains of trash.

Nowhere to Send Plastic Trash

Japan, like many industrialized nations, faces a garbage crisis. For years it shipped countless used plastic to China, the main global destination for recyclable materials. However, these exports included a substantial quantity of plastic contaminated by food and other waste that heavily impacted the local environment and health of workers charged with sorting the trash. Petrochemicals Biodegradable smart plastic

Petrochemicals Biodegradable smart plastic

-Textile industry professionals to get together at TMT Expo19

The second edition of TMT Expo will be held from September 25-27, at the International Exhibition Center in Sofia, Bulgaria. The forum will form an ecosystem for presentation of trends in materials, machinery and technology in the textile industry, building up professional contacts and sustainable business in the direction of East and South-Eastern Europe.

TMT Expo will unite the entire process of creating textile products – design, engineering, cutting, software, CAD/CAM systems, and preparation for production up to technological production.

Textile industry professionals to get together at TMT Expo19

-US recession fears drag chem stocks, threaten ’20 profit estimates

Fears of an upcoming recession are weighing heavily on chemical stock prices, sending price/earnings (P/E) ratios for commodity names down to single digits based on Wall Street’s estimated 2020 earnings.

The escalation of the US-China trade war, with the US ready to slap on a new round of tariffs on Chinese imports starting on 1 September, have sent US bond yields sharply lower.

The brief inversion of 10-year and 2-year US Treasury yields on 13 August , where the yield on the longer dated government debt dipped lower than the short-term yield – a historical harbinger of recessions – stoked fear and triggered a rout in global equity markets.

US recession fears drag chem stocks, threaten '20 profit estimates

-Hyosung to invest $828 mil. in carbon fibers

President Moon Jae-in, second from left, talks to Hyosung Group Chairman, left, and employees during his visit to the carbon fiber plant in Jeonju, North Jeolla Province, Tuesday. Yonhap

Hyosung Group will invest 1 trillion won ($828 million) over the next 10 years to expand its carbon fiber business, the company said Tuesday.

Hyosung plans to build nine additional carbon fiber production lines at its plant in Jeonju, North Jeolla Province, to meet the rapidly growing demand for carbon fiber materials. Petrochemicals Biodegradable smart plastic

The additional lines will increase the plant’s annual capacity to 24,000 tons from the current 2,000 tons, according to the company. Currently, the factory has only one production line. The investment will create about 2,300 jobs by 2028, it said.

Petrochemicals Biodegradable smart plastic

-Plastics maker Indorama commits $1.5 billion to recycling

Thai chemicals company Indorama Ventures has committed $1.5 billion of investment in recycling as consumers become more aware of the environmental impact of single-use plastic and regulators push for more recycling, it said on Wednesday.

Indorama’s main business is the production of PET resin, a polymer used to make plastic bottles and fibers used in products such as seat belts and tyres.

In the 12 months to June 30 the company produced nearly 5,000 kilotons of PET.

“We are investing $1 billion in recycling over the next five years,” Chief Executive Aloke Lohia told Reuters on Wednesday, adding that investment would include greenfield and brownfield mergers and acquisitions focusing on bottle-to-bottle recycling.

Petrochemicals Biodegradable smart plastic

-Thailand optimistic in becoming a bioplastics base

Thailand has been seen as a potential partner in transforming the production base for bioplastics and other converted products.

Based on a report produced by Plastics Institute of Thailand, its Executive Director Dr. Kriengsak Wongpromrat, recorded in a statement that Thailand produced around 17 million tonnes of sugar in 2018 and exported around 11 million tonnes.

“Taking 100,000 tonnes for the production of polylactic acid (PLA) biopolymer is not going to affect the supply of sugar for food applications, especially since consumption of sugar may be adversely affected by a ‘sweet tax’ that Thailand plans to introduce,” Wongpromrat commented. Petrochemicals Biodegradable smart plastic

Thailand optimistic in becoming a bioplastics base

-Mondi to feature sustainable packaging solutions at FachPack

Sustainable packaging and paper solutions leader Mondi is exhibiting at FachPack 2019 in Nuremburg, Germany, where it will showcase its collaborative approach with customers that creates tailor-made packaging solutions that are sustainable by design.

Mondi to feature sustainable packaging solutions at FachPack

Mondi’s vision is to contribute to a better world through more sustainable packaging. Taking a pro-active approach to sustainable development is key to helping customers meet their own sustainability targets and vital for addressing the environmental challenges facing the planet.

Petrochemicals Biodegradable smart plastic

-Piovan expands into South Korea with acquisition

Piovan SpA has acquired TobaPNC Co. Ltd., a South Korean automation company specializing in industrial processes for plastics, particularly transporting plastic powders.

The acquisition will expand the Italian company’s global footprint and give it access to the strategic market of South Korea, said CEO Filippo Zuppichin in a news release.

Zuppichin said that with the move, Piovan also gains access to leading companies in electronics and automotive technologies.

Piovan expands into South Korea with acquisition

-Krones to exhibit solutions for a closed plastics cycle at K 2019

Krones is exhibiting its solutions for a closed plastics cycle at K 2019.

The company keeps packaging plastics in a closed circuit, therefore disposable products like PET bottles get a chance for a sustainable, eco-compatible life, not just once, but repeatedly.

The MetaPure W washing modules can be used for PET and for processing polyolefins (PO) and will be on show at the K 2019.

To equip its clients with application-tailored turnkey factories, Krones cooperates closely with Stadler Anlagenbau to equip its customers with precisely tailored turnkey factories.

Krones to exhibit solutions for a closed plastics cycle at K 2019

Petrochemicals Biodegradable Film BOPP 22-08-2019

Petrochemicals Biodegradable Film BOPP

China – Polyethylene Terephthalate

PET and it’s chain are weak.

Crude oil price is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 810/875 $/ton PET Bottle grade domestic market 6,700/6,800 yuan/ton PET Filament grade SD domestic market 6,550/6,700 yuan/ton – PET Filament grade BR domestic market 6,650/6,800 yuan/ton

PTA Taiwan 690/700 $/ton PTA domestic market 5,150/5,250 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 765/775 $/ton

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

Petrochemicals Biodegradable Film BOPP

Crude Oil Prices Trend

Crude Oil Prices Trend

-Bottles made with 100 per cent rPET on the rise

Mineral water bottles can be made entirely of rPET, as demonstrated by Vöslauer. With a more than 40 per cent share of the market, Vöslauer is Austria’s number one mineral water.

Sustainability is an integral part of the family-owned enterprise’s corporate philosophy and strategy.

Vöslauer requires the packaging and bottles for its natural mineral water to be resource-efficient, sustainable, as light as possible and suitable for daily use.

It aspires to being the industry’s innovative and pioneering sustainability driver.

Petrochemicals Biodegradable Film BOPP

-Russia’s slow embrace of recycled plastics

Russia’s slow embrace of recycled plastics Russia is slowly embracing the idea of recycled plastics.

Russian companies have begun to embrace the environmental, social and governance (ESG) metrics because exchanges (where companies are presented), their investors and customers are demanding it. That’s because the public are demanding it and in the increasingly competitive asset management business fund managers can’t afford to ignore the voices of activists like Stockholm’s 16-year-old Greta Thunberg. Her voice, and the voices of like-minded retail investors are now reaching into the snowy wilds of Siberia and changing the way businesses around the world are being run. Investors no long just demand a decent return on their money, they are demanding sustainable investments too. Petrochemicals Biodegradable Film BOPP

Petrochemicals Biodegradable Film BOPP

-Europe benzene spot at fresh 2019-high, near 13% rise in August so far

European benzene spot prices have reached a fresh 2019-high as bids rose to $840/tonne on Wednesday around midday, in a market that is almost devoid of offers.

A notional offer level at $850/tonne brings the midpoint to $845/tonne, the highest price in 10 months, in line with levels in October 2018.

Forward-month pricing is bullish, but remains backwardated with a premium on volume for the first 10 days of September versus the first half of the month; and firmer values in H1 September compared with any September.

Petrochemicals Biodegradable Film BOPP

-China polyester output declines in Aug; to stay capped in Sept

China’s polyester output is expected to be lower in August from the previous month, with plant operating rates in September likely to remain capped by increased uncertainty over the US-China trade spat. Petrochemicals Biodegradable Film BOPP

August average operating rate of domestic polyester plants to date stands at 84.4%, down from July’s full-month average of 86.4%, according to ICIS data.

Polyester production in the country began to slow down in July amid lacklustre downstream sales and growing concerns over possible US tariffs on downstream products such as garments, apparels and shoes.

Petrochemicals Biodegradable Film BOPP

-SK Innovation developing EV battery recycling technology

SK Innovation Co., a major electric vehicle (EV) battery maker in South Korea, said Tuesday it plans complete the development of a battery recycling technology by the end of this year to beef up its competitiveness in the industry.

SK Innovation said it is working to find solutions to recover lithium hydroxide, a key cathode material, from used lithium-ion batteries, with related technology probably available for commercial use next year.

“It’ll be the world’s first to recover highly concentrated lithium hydroxide from the used batteries,” a company spokesman said.Petrochemicals Biodegradable Film BOPP

SK Innovation developing EV battery recycling technology

-Bio-Techne presents at Baird 2019 Conference

Bio-Techne’s chief Executive officer and president Chuck Kummeth will present at the Baird 2019 Global Healthcare Conference in New York.

Bio Techne is a developer and manufacturer of high quality purified proteins and reagent solutions. It also develops and manufactures diagnostic products including calibrators, blood gas and clinical chemistry controls as well as FAD regulated controls for OEM and clinical customers. All of Bio-Techne’s products are integral components of scientific investigation into biological processes and molecular diagnostics, and they also aid the drug discovery efforts and provide accurate clinical tests and diagnoses.

Petrochemicals Biodegradable Film BOPP

-Furandicarboxylic Acid (FDCA) Market Insights, Future Trends And Top Key-Players 2026| Kaiyue, Avantium Technologies, Satachem, Synbias

The latest market evaluation report on Furandicarboxylic Acid (FDCA) market explores how the Furandicarboxylic Acid (FDCA) market will continue to expand for the forecast period 2019 – 2026. The study further serves as a unique research for stakeholders, product owners, and field marketing executives looking for actionable data and unique resource on market size, share, and growth. Petrochemicals Biodegradable Film BOPP

The Furandicarboxylic Acid (FDCA) market revenue was xx.xx Million USD in 2013, grew to xx.xx Million USD in 2017, and will reach xx.xx Million USD in 2026, with a CAGR of x.x% during 2019-2026.

Petrochemicals Biodegradable Film BOPP

-Avantium plans to open bio-MEG demo plant in November.

“Avantium will scale from lab to a size that mimics the conditions at a commercial-scale plant.”

Dutch renewable chemicals company Avantium Renewable Polymers has said that it is expecting to open its bio-based mono-ethylene glycol (MEG) demonstration plant in November in the Netherlands.

The company, formerly known as Synvina, made the announcement in its 2019 half-year results which was published on 20 August. Petrochemicals Biodegradable Film BOPP

Avantium plans to open bio-MEG demo plant in November.

Petrochemicals Biodegradable Film BOPET 21-08-2019

Petrochemicals Biodegradable Film BOPET 21-08-2019

Petrochemicals Biodegradable Film BOPET

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price continue to be firm.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 830/890 $/ton PET Bottle grade domestic market 6,750/6,950 yuan/ton PET Filament grade SD domestic market 6,600/6,750 yuan/ton – PET Filament grade BR domestic market 6,700/6,850 yuan/ton

PTA Taiwan 695/705 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 770/780 $/ton

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

Petrochemicals Biodegradable Film BOPET

Crude Oil Prices Trend

Petrochemicals Biodegradable Film BOPET

-Plastics recovery project underway in Pacific Northwest

Aug. 1 kicked off public demonstrations of an effort to sort a variety of resins from loads of material otherwise bound for disposal. The goal is to develop a pool of data that can help guide future industry investments.

The Pacific Northwest Secondary Sorting Demonstration Project is in the middle of its 60-day run, operating in a shuttered recycling center in Portland, Ore. Equipment from Titus MRF Services was transported up from Los Angeles, and the project is currently working through loads of material provided by several materials recovery facilities (MRFs). Petrochemicals Biodegradable Film BOPET

Led by the Plastics Industry Association, the project is also sponsored by the American Chemistry Council (ACC), Americas Styrenics (AmSty), Berry Global, the Carton Council, LyondellBasell, the Metro regional government that covers the Portland metropolitan area, and industrial products manufacturer Milliken.

Petrochemicals Biodegradable Film BOPET

-Henkel to partner with ALPLA, Inc for $130 million expansion to Bowling Green production facility

BOWLING GREEN, Ky. (WBKO) – Tuesday morning Henkel announced a partnership with ALPLA, Inc. to invest over $130 million towards enhancing laundry detergent production at its Bowling Green, KY facility. The investment will be used to build infrastructure, including a new bottle production area onto the Henkel campus, and will increase efficiency, create capacity for growth and drive energy savings. Additionally, ALPLA will hire 60 employees once construction is complete.

Henkel, a global leader in laundry & home care, beauty care and adhesives, is the largest operation in the South Central Kentucky Industrial Park and the largest laundry plant within the company at more than 2 million square feet.

Petrochemicals Biodegradable Film BOPET

-Scientist warn against new type of marine plastic pollution

Particles of marine plastic pollution resembling pebbles have been found to be washing up on the UK shores, according to a Science of The Total Environment report.

The report stated that the marine plastic, known as pyroplastic, stems from burning of manufactured plastics and can escape ready detection.

Beachgoers in Cornwall initially discovered the pyroplastics and requested scientists to research the findings. Petrochemicals Biodegradable Film BOPET

Petrochemicals Biodegradable Film BOPET

-Weekly resin report: Spot prices for commodity-grade PE reach decade-long lows

Spot resin trading continued to transact at a very swift pace last week: Buyers and sellers came to do business and both sides were willing to bend a bit to complete deals, reports the PlasticsExchange (Chicago) in its Market Update. Prices for nearly all polyethylene (PE) and polypropylene (PP) grades slid a cent, with very sharp pricing again seen for off-grade materials.

Spot domestic demand remained strong and, despite trade wars and geopolitical uncertainty, July PE exports scored a new all-time record high.

Weekly resin report: Spot prices for commodity-grade PE reach decade-long lows

-The European plastics industry: hoping for the best, preparing for the worst”

In the run-up to K 2019, the European plastics industry faces challenges on several fronts. Overall, the economy is just bumping along; the prolonged exit of the UK from the European Union is creating disquiet; major traditional export markets are wobbling; and hardening attitudes of consumers towards plastics packaging are leading to hasty – some say ill-judged — moves among law makers setting out a path to the Circular Economy. Petrochemicals Biodegradable Film BOPET

The German economy, traditionally the powerhouse of Europe, is in a tense situation, with exports from and imports to the country both falling in recent months. One survey of industry executives indicated that factory activity fell beyond already poor expectations in March. Analysts at consultant IHS Markit concluded that the German manufacturing sector “was clearly in deep recession.”

The European plastics industry: hoping for the best, preparing for the worst

-Europe MEG watches new US capacity as spot price pressure continues

European monoethylene glycol (MEG) margins and spot prices have been under pressure for the majority of 2019 and it is unclear if any respite is on the horizon.

With lengthy US availability stemming from higher capacities, sources are concerned this will continue to weigh on European import supply.

A watchful eye is also cast over the market in Asia, where prices recovered last week after the delayed implementation of several proposed tariffs on Chinese exports.

Europe MEG watches new US capacity as spot price pressure continues

-Brazil federal agency seeks billions against Braskem insalt-mine case

A federal agency in Brazil hasfiled a petition against Braskem, seeking billions of dollars in reparations involving damage that the company’s salt mine had caused in the northeastern state of Alagoas. Petrochemicals Biodegradable Film BOPET

Brazil’s Federal Public Ministry (MPF), similar to a department of justice, fileda public civil action, requesting that Braskem should be responsible for societal and environmental damage worth at least real (R)20.5bn ($5.07bn), it said.

The MPF wants the liability to be extended to Braskem’s two major shareholders, construction company Odebrecht and state-energy producer Petrobras.

Petrochemicals Biodegradable Film BOPET

-AIMPLAS announces project to measure the presence of microplastics in wastewater and develop new filtering methods

AIMPLAS, the Plastics Technology Centre, is leading the MICROPLAST project, with the participation of Aguas de Valencia and the Universitat de València.

Funded by the Valencian Innovation Agency (AVI), this project aims to remove microplastics from both urban and industrial wastewater. It will also develop a standardised methodology to obtain homogeneous data on the presence of these particles in different wastewater sources. Petrochemicals Biodegradable Film BOPET

Petrochemicals Biodegradable Film BOPET

Petrochemicals Biodegradable ecofriendly 20-08-2019

DOMO Chemicals Polyamides Solvay

DOMO Chemicals Polyamides Solvay

DOMO Chemicals plans to acquire the Europe-based Performance Polyamides Business of Solvay

Source : India Blooms

DOMO Chemicals Polyamides Solvay

DOMO Chemicals (Ghent) recently signed an agreement to acquire the Europe-based Performance Polyamides Business of Solvay (Brussels).

DOMO Chemicals is a producer of engineering materials for a diverse range of markets, including the automotive, food, medical, pharmaceutical, chemicals and electronics industries.

The company offers a complete portfolio of integrated nylon 6 products, including intermediates, resins, engineering plastics and packaging film and distribution of petrochemical products. DOMO Chemicals Polyamides Solvay

The agreement includes Solvay’s Engineering Plastics operations in France and Poland, High Performance Fibers in France, and Polymer and Intermediates operations in France, Spain and Poland.

The agreement also involves a joint venture between BASF and DOMO in France for the production of Adipic Acid. DOMO Chemicals Polyamides Solvay

The business comprises Production, Sales, Technical Support, R&D and Innovation services, which currently have a combined headcount of approximately 1100 employees.

The acquisition, which is subject to approval by the competent competition authorities, is expected to close by the end of fourth quarter of 2019.

The purchase price to be paid by DOMO on a cash and debt-free basis would amount to €300 million.

The acquisition of this PA 6.6 business will significantly strengthen Domo Chemicals’ downstream nylon based engineering plastics business – and create a European leader with scale, entering the market with a top position in PA6/6.6 in Europe.

The result: a backward integrated business with unique technology capabilities and a secured supply of key raw materials.

There will be a strong focus on driving combined innovation, whilst accelerating future growth.

Through the acquisition Domo Chemicals’ turn over will grow from 900 million € to 1,600 million €.

Alex Segers, CEO, DOMO Chemicals, called the acquisition “a major step forward.”

“By integrating the complementary strengths of the diverse teams and talents of both companies, we will enhance our excellence towards our customers by building a unique and competitive integrated Nylon solution provider (6 and 6.6) driven by a strong innovation platform to push future sustainable growth,” he said.

Said Segers, “The strong reputation of the Technyl brand will perfectly complement DOMO’s wide DOMAMID range of engineered and virgin polyamide resin grades and ECONAMID range of recycled polyamides.

We are looking forward to offering employees from both companies great opportunities for personal and career development.”

Petrochemicals Biodegradable ecofriendly 20-08-2019

Petrochemicals Biodegradable ecofriendly

China – Polyethylene Terephthalate

PET and it’s chain are steady.

Crude oil price continue to be in health.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

PET Bottle grade export 830/890 $/ton PET Bottle grade domestic market 6,850/7,000 yuan/ton PET Filament grade SD domestic market 6,700/6,800 yuan/ton – PET Filament grade BR domestic market 6,800/6,900 yuan/ton

PTA Taiwan 695/705 $/ton PTA domestic market 5,250/5,350 yuan/tonMEG  530/545 $/ton – MEG domestic market 4,450/4,600 yuan/tonPX Korea 770/780 $/ton

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

Petrochemicals Biodegradable ecofriendly

Crude Oil Prices Trend

Petrochemicals Biodegradable ecofriendly

-A slippery slope for Asia naphtha

Asia naphtha markets have struggled through some challenging times and continue to embrace the unexpected.

Spot forward open-specification naphtha CFR (cost and freight) Japan prices for second-half September delivery slumped to around $450.00/tonne in early August, marking the third time in 2019 levels have tumbled to this low. Naphtha prices averaged $455.00/tonne CFR Japan in early-June.

Volatile crude prices have impacted naphtha with demand for September delivery cargoes from downstream end-users in northeast Asia slowed to a trickle.

Petrochemicals Biodegradable ecofriendly

-Bio-based carbon materials for batteries

Stora Enso is investing EUR 10 million in the making of bio-based carbon materials for energy storage at Sunila Mill in Finland. We talked with Lauri Lehtonen, Head of Innovation, Biomaterials, about this exciting innovation to replace fossil-based and mined raw materials with renewable solutions.

Lauri Lehtonen, can you tell us more about the investment in Sunila Mill?

“We at Stora Enso believe that everything that is made out of fossil-based materials, can be made of wood tomorrow. This pilot facility for producing bio-based carbon materials is yet another proof point of our innovation work – we are building on our long-term work in extracting lignin from biomass and creating more value out of it. By converting lignin into so-called hard carbon anode materials for lithium-ion batteries, we can offer a product that can replace fossil-based anodes, mainly synthetic graphite, currently used in batteries.”

Bio-based carbon materials for batteries

RADICIGROUP – “Operation Clean Sweep” arrives in the RadiciGroup Synthetic Fibres Business Area Zero plastic pellet and dust loss to safeguard the environment. Noyfil SA receives OCS certificate from Plastics Europe.
At K Fair 2019, workshop on microplastics.

RadiciGroup has expanded its Operation Clean Sweep project – started up over one year ago in its engineering polymers business – to its Synthetic Fibres Business Area. Noyfil SA (Stabio – CH), a company specializing in the manufacture of polyester continuous yarn, has joined Operation Clean Sweep (OCS), an international programme promoted by Plastics Europe with the goal of “Zero Pellet Loss”.

Petrochemicals Biodegradable ecofriendly

-DOMO Chemicals plans to acquire the Europe-based Performance Polyamides Business of Solvay

DOMO Chemicals (Ghent) recently signed an agreement to acquire the Europe-based Performance Polyamides Business of Solvay (Brussels).

DOMO Chemicals is a producer of engineering materials for a diverse range of markets, including the automotive, food, medical, pharmaceutical, chemicals and electronics industries.

The company offers a complete portfolio of integrated nylon 6 products, including intermediates, resins, engineering plastics and packaging film and distribution of petrochemical products.

DOMO Chemicals plans to acquire the Europe-based Performance Polyamides Business of Solvay

-PET Preforms Industry 2019 Ongoing Trends and Recent Developments by Retal Industries Ltd., Plastipak Holdings, Inc., Resilux NV, ALPLA Werke Alwin Lehner

HNY Research projects that the PET Preforms market size will grow from USD 18.5 Billion in 2017 to USD 25.95 Billion by 2023, at an estimated CAGR of 5.8%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

PET preforms are unfinished PET bottles with varied neck sizes. They are made of PET resins, which are linear thermoplastic, white but bluish resin made from terephthalic acid and ethylene glycol through a process of polycondensation. PET preforms are either produced using the one-step hot preform method or the two-step cold preform method.

DOMO Chemicals plans to acquire the Europe-based Performance Polyamides Business of Solvay

-Chinese fabric firm mulls moving to Philippines

A Chinese firm engaged in the manufacture of yarns and fabric is looking to set up shop in the Philippines, the Department of Trade and Industry (DTI) said.

Trade Secretary Ramon Lopez met with representatives from Texhong Textile Group Ltd. in China last week and the company discussed its interest to invest in the Philippines.

Petrochemicals Biodegradable ecofriendly

-Thailand promotes promise as bioplastics base

Thailand has massive potential to transform itself into a key global production base for bioplastics and converted products thereof. Speaking to PlasticsToday, Plastics Institute of Thailand Executive Director Dr. Kriengsak Wongpromrat said that Thailand produced around 17 million tonnes of sugar in 2018 and exported around 11 million tonnes. “Taking 100,000 tonnes for the production of polylactic acid (PLA) biopolymer is not going to affect the supply of sugar for food applications, especially since consumption of sugar may be adversely affected by a ‘sweet tax’ that Thailand plans to introduce.”

Petrochemicals Biodegradable ecofriendly

-Refuse to Resource: Suntory’s Bottle-to-Bottle Initiative to Reshape Plastic Recycling

Only 10% of Japan’s plastic drink bottles are recycled into new containers for products in the same industry. With more countries refusing to accept plastic waste, Japanese authorities and businesses are rethinking how to handle the growing mountains of trash.

Nowhere to Send Plastic Trash

Japan, like many industrialized nations, faces a garbage crisis. For years it shipped countless used plastic to China, the main global destination for recyclable materials. However, these exports included a substantial quantity of plastic contaminated by food and other waste that heavily impacted the local environment and health of workers charged with sorting the trash.

Refuse to Resource: Suntory’s Bottle-to-Bottle Initiative to Reshape Plastic Recycling

-PolyOne divests Performance Products and Solutions business

Materials supplier PolyOne Corp. (Avon Lake, OH) announced today that it has entered into a definitive agreement to sell its Performance Products and Solutions (PP&S) business to SK Capital Partners for $775 million in cash. PolyOne said that it expects to record a pre-tax gain of approximately $600 million at the time the sale is completed, which is expected to be in the third quarter of 2019.

M&APP&S is a global provider of formulated PVC and polypropylene-based solutions, as well as contract manufacturing services, primarily serving the North American construction and automotive end markets. The business reports annual sales of approximately $700 million.

Petrochemicals Biodegradable ecofriendly

Polyolefins Petrochemical Circular Economy Prices

Polyolefins Petrochemical Circular Econonomy

Polyolefins Petrochemical Circular Economy

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM12/08/201919/08/2019+/-
Bottle grade PET chips domestic market6,850 yuan/ton6,925 yuan/ton+75
Bottle grade PET chips export market880 $/ton890 $/ton+10
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Circular Economy

6,600 yuan/ton6,750 yuan/ton+150
Filament grade Bright chips domestic market6,700 yuan/ton6,850 yuan/ton+150
Pure Terephthalic Acid PTA domestic market5,160 yuan/ton5,275 yuan/ton+115
Pure Terephthalic Acid PTA export market
690 $/ton 700 $/ton+10
Monoethyleneglycol MEG domestic market4,430 yuan/ton4,520 yuan/ton+90
Monoethyleneglycol MEG export market527 $/ton538 $/ton+11
Paraxylene PX FOB  Taiwan market790 $/ton790 $/ton
Paraxylene PX FOB  Korea market771 $/ton771 $/ton
Paraxylene PX FOB EU market

Polyolefins Petrochemical Circular Economy

692 $/ton697 $/ton+5
Polyester filament POY 150D/48F domestic market7,600 yuan/ton7,760 yuan/ton
+160
Recycled Polyester filament POY  domestic market7,100 yuan/ton7,250 yuan/ton+150
Polyester filament DTY 150D/48 F domestic market8,950 yuan/ton9,150 yuan/ton+200
Polyester filament FDY 68D24F domestic market 8,500 yuan/ton8,650 yuan/ton+150
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Circular Economy
7,850 yuan/ton8,050 yuan/ton+200
Polyester staple fiber 1.4D 38mm domestic market7,100 yuan/ton7,250 yuan/ton+150
Caprolactam CPL domestic market12,050 yuan/ton12,150 yuan/ton
+100
Caprolactam CPL overseas  market1,470 $/ton1,460 $/ton-10
Nylon6 chips overseas  market1,780 $/ton1,760 $/ton-20
Nylon6 chips conventional spinning domestic  market12,750 yuan/ton12,950 yuan/ton+200
Nylon6 chips  high speed spinning domestic  market12,900 yuan/ton12,950 yuan/ton+50
Nylon 6.6 chips domestic  market24,000 yuan/ton23,700 yuan/ton-300
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Circular Economy

15,700 yuan/ton15,600 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,300 yuan/ton18,300 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market16,800 yuan/ton16,650 yuan/ton-150
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,500 yuan/ton35,500 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market4,950 yuan/ton5,200 yuan/ton+250
Benzene overseas  market627 $/ton652 $/ton +25
Ethylene South East market820 $/ton855 $/ton+35
Ethylene NWE  market929 $/ton921 $/ton-8
Acrylonitrile ACN  domestic market

Polyolefins Petrochemical Circular Economy

12,100 yuan/ton12,000 yuan/ton-100
Acrylonitrile ACN  overseas market1,600 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,500 yuan/ton
Viscose Staple Fiber VSF  domestic market11,400 yuan/ton11,300 yuan/ton-100
PP Powder domestic market8,600 yuan/ton8,600 yuan/ton+25
Naphtha overseas market  450 $/ton462 $/ton
+12
Phenol domestic market 7,400 yuan/ton7,425 yuan/ton+25
PS Taiwan 5250 GPPS1,126 $/ton 1,145 $/ton+19
PS Taiwan 8250 HIPS1,250 $/ton 1,278 $/ton+28
LDPE CFR Far East 987 $/ton972 $/ton-15
LLDPE CFR Far East887 $/ton877 $/ton-10
LDPE   FOB Middle East973 $/ton958 $/ton-15
LLDPE FOB Middle East873 $/ton863 $/ton-10
HDPE CFR Far East972 $/ton948 $/ton-24
LDPE FD Northwest Europe 1,003 €/ton1,003 €/ton
LLDPE FD Northwest Europe 983  €/ton983 €/ton
Homopolymer PP CFR Far East1,010 $/ton1,010 $/ton
Homopolymer PP FD NWE1,061 €/ton1,061 €/ton

 

Petrochemicals Biodegradable Biochemicals 19-08-2019

Petrochemicals Biodegradable Biochemicals

Polyolefins Petrochemical Circular Economy Prices

Petrochemicals Biodegradable Biochemicals

Crude Oil Prices Trend

Petrochemicals Biodegradable Biochemicals

-Scientists develop solution processable ferroelectric nylons

Scientists have solved a four decade long challenge of producing very thin nylon films that can be used for instance in electronic memory components. The thin nylon films are several 100 times thinner than human hair and could thus be attractive for applications in bendable electronic devices or for electronics in clothing.

As the microelectronic industry is now shifting toward wearable electronic gadgets and electronic (e-)textiles, the comprising electronic materials, such as ferroelectrics, should be integrated with our clothes. Nylons, a family of synthetic polymers, were first introduced in the 1920s’ for women’s stockings and are nowadays among the most widely used synthetic fibers in textiles. Petrochemicals Biodegradable Biochemicals

Petrochemicals Biodegradable Biochemicals

-Coca-Cola Ireland reaches 50% recycled plastic in ‘on-the-go’ bottles

Company says it will further increase use of sustainable materials amid pollution fears

Coca-Cola  product line  at one of its bottling plants. Tens of millions of plastic bottles are manufactured in its Irish operation every year across the Coke range and brands such as Fanta and Sprite

Coca-Cola product line at one of its bottling plants. Tens of millions of plastic bottles are manufactured in its Irish operation every year across the Coke range and brands such as Fanta and Sprite

All Coca-Cola Ireland plastic bottles that are 500ml or smaller in size are now being produced with 50 per cent recycled plastic, the soft drinks company has said, while larger bottles have moved to 25 per cent recycled plastic.

The move, made with local bottling partner Coca-Cola Hellenic Bottling Company, comes as consumer goods companies are coming under increasing pressure from customers and environmental groups to lessen plastic pollution.

Petrochemicals Biodegradable Biochemicals

-NECS claims it is serious about plastic ban

Months after the National Environment Commission Secretariat (NECS) banned single-use plastic carry bags, doma wrappers and ice cream pouches, the market is flooded with various plastic bags.

The NECS secretary and officials of the waste management division conducted a press conference yesterday to reiterate the enforcement and implementation of the plastic ban. Petrochemicals Biodegradable Biochemicals

According to the secretary, Sonam P Wangdi, the current ban was focused on single-use plastic carry bags, doma wrappers, and ice cream pouches but people started using non-woven carry bags and biodegradable plastic bags.

Petrochemicals Biodegradable Biochemicals

-Warning no-deal Brexit ‘could delay bottle recycling’ scheme

The creation of Scotland’s UK-leading recycling scheme for drinks containers may have to be delayed in the event of a no-deal Brexit, retailers have warned.

The Scottish Retail Consortium (SRC) said shops around the country would have to focus on “more pressing matters” if the UK leaves the EU without an agreement in place.

Under plans announced in May, Scotland is set to become the first part of the UK to introduce a deposit return scheme for drinks containers in an effort to boost recycling rates.

Petrochemicals Biodegradable Biochemicals

-Edible packaging receives UK government funding

A Lucozade Ribena Suntory-backed edible, plastic-free packaging innovation is taking a step closer to being rolled out on the high-street – thanks to newly secured Government funding.

The capsules, called Oohos, are made entirely from seaweed extract, a material called Notpla™ and offer a way to deliver drinks under 100ml in a plastic-free form. They are not only completely edible but also claim to be naturally biodegrade in four to six weeks – just as quickly as a piece of fruit. Petrochemicals Biodegradable Biochemicals

Edible packaging receives UK government funding

-How To Make a Better PET Bottle

Automated Blowmolder Control systems help this Mexican converter meet quality, scheduling, and performance targets for its through-the-wall customer.

The PET bottles produced at the Coca-Cola FEMSA plant in Villahermosa, Mexico, in the Gulf Coast state of Tabasco, never touch a carton. Instead, they are filled immediately after blowing, then labeled, capped, palletized, and shrink-wrapped for shipment to big box and convenience stores throughout a sprawling four-state distribution area. This kind of integrated operation is a model of efficiency. But it leaves little margin for error. Production must be robust and nimble to meet the demands of schedules that change weekly. An on-premises agreement with converter ALPLA and the installation of Agr International’s Process Pilot® Automated Blowmolder Control systems in the blowing machines combine to optimize bottle output and quality, making sure Coca-Cola FEMSA’s stringent schedule and performance targets are met. Petrochemicals Biodegradable Biochemicals

How To Make a Better PET Bottle

-Fracking claimed to be less contaminating than conventional oil and gas

A study claims that conventional oil and gas production methods can have a greater impact on groundwater than fracking.

High-volume hydraulic fracturing, commonly known as fracking, injects water, sand and chemicals under high pressure into petroleum-bearing rock formations to recover previously inaccessible oil and natural gas. This method led to the current shale gas boom that started around 15 years ago.

Conventional methods of oil and natural gas production, which have been in use since the late 1800s, also inject water underground to aid in the recovery of oil and natural gas.

Petrochemicals Biodegradable Biochemicals

-Infinited Fiber receives lead investment from RGE

Singapore-based RGE Pte Ltd has joined a group of investors including H&M Group, Virala and Fortum to help Infinited Fiber Company Oy (IFC) scale up its technology that turns textile waste and other pulp-based materials into new textile fibres. A strategic co-operation agreement was also signed between RGE and IFC to commercialise the startup’s technology.

Since early 2018, IFC has been operating a 50-ton per annum pilot plant in Espoo, Finland, that produces Infinited Fiber for testing purposes with global brand owners such as H&M, VF Corporation and their manufacturers.

Infinited Fiber receives lead investment from RGE

-OPEC cuts non-OPEC crude supply growth forecasts for 2019, 2020

OPEC has revised down its non-OPEC crude oil supply growth estimates for 2019 and 2020 on the back of lower-than-expected output in the US, Brazil, Norway, and Thailand, the cartel said on Friday.

Non-OPEC supply growth expectations fell 72,000 bbl/day for 2019 and 50,000 bbl/day since the group’s last monthly oil report, while OPEC production last month fell 246,000 bbl/day as the global economy continued its decline.

Despite weaker-than-expected US output, the country’s total supply growth for the year is expected to stand at 1.87m bbl/day, representing the bulk of all non-OPEC output hikes.

OPEC cuts non-OPEC crude supply growth forecasts for 2019, 2020

Petrochemicals Biodegradable Antidumping 17-08-2019

Petrochemicals Biodegradable Antidumping

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

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

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

Petrochemicals Biodegradable Antidumping

-OPEC Oil Production Continues To Slide As Saudis Cut Deeper

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

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

Petrochemicals Biodegradable Antidumping

-Europe PE market ponders future direction as holidays take hold

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

– Market uncertain

– Planned cracker outages begin

– More US HDPE imports

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

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

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

Petrochemicals Biodegradable Antidumping

-US hesitates on tariffs as economic sentiment worsens

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

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

Petrochemicals Biodegradable Antidumping

-Truetzschler scores at Texfair 201916

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

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

Truetzschler scores at Texfair 201916

-New Biobased Polymers Coming to Market in 2019

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

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

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

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

New Biobased Polymers Coming to Market in 2019

New Biobased Polymers Coming to Market in 2019

NOVA Chemicals polyethylene Prices

NOVA Chemicals polyethylene Prices

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

NOVA Chemicals polyethylene Prices

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

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

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

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

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

Further capacity expansion is planned for the 2020s.

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

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

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

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

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

mrcplast.ru

Author:   Anna Larionova

 

Related Topics

Polyethylene Prices European Market

NOVA Chemicals polyethylene Prices

Petrochemicals Biodegradable Carbon Fibres 16-08-2019

Petrochemicals Biodegradable Carbon Fibres

China – Polyethylene Terephthalate

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

Crude oil price is in health.

Polyamide 6 and its chain are firm.

Acrylonitrile is steady.

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

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

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

Petrochemicals Biodegradable Carbon Fibres

Crude Oil Prices Trend

Crude Oil Prices Trend

-Further EvoQuench PA POY systems destined for China

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

Further EvoQuench PA POY systems destined for China

Polyamide (PA) microfiber yarns

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

Petrochemicals Biodegradable Carbon Fibres

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

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

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

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

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

Petrochemicals Biodegradable Carbon Fibres

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

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

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

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

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

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

– Upstream volatility, particularly in Asia

– Unusual weather patterns affect demand

 – Virgin PET and the road to sustainability

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

Petrochemicals Biodegradable Carbon Fibres

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

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

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

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

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

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

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

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

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

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

Petrochemicals Biodegradable Carbon Fibres

– ‘Smart’ clothing can boost wearable tech

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

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

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

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

Smart clothing can boost wearable tech

-Shinkong Synthetic revenue declines as product prices fall

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

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

-Sibur overhauls TPA facility

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

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

Sibur overhauls TPA facility

-Honeywell commissions second C3 Oleflex unit for Zhejiang Satellite

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

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

Honeywell commissions second C3 Oleflex unit for Zhejiang Satellite

-Sustainable Plastic Packaging is Possible

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

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

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

Sustainable Plastic Packaging is Possible

Petrochemicals Biodegradable Sustainability 15-08-2019

Petrochemicals Biodegradable Sustainability

 

China – Polyethylene Terephthalate

PET and it’s chain are assessed mixed.

Crude oil price is steady.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

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

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

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

Petrochemicals Biodegradable Sustainability

Crude Oil Prices Trend

Crude Oil Prices Trend

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

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

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

Petrochemicals Biodegradable Sustainability

-RTP Company Introduce CCX Conductive Masterbatches

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

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

Petrochemicals Biodegradable Sustainability

-Prices down for key curbside plastics

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

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

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

Petrochemicals Biodegradable Sustainability

-Bottled water brand mixes RPET and bioplastic

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

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

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

Bottled water brand mixes RPET and bioplastic

-Sonoco increases recycled plastic usage

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

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

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

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

Petrochemicals Biodegradable Sustainability

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

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

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

Petrochemicals Biodegradable Sustainability

-Selecta UK and Veolia partner for workplace cup recycling service

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

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

Selecta UK and Veolia partner for workplace cup recycling service

-Macro showcasing latest technology for sustainable packaging at K 2019

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

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

Macro showcasing latest technology for sustainable packaging at K 2019

Petrochemicals Biodegradable Bioresin 14-08-2019

Petrochemicals Biodegradable Bioresin 14-08-2019

Petrochemicals Biodegradable Bioresin

China – Polyethylene Terephthalate

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

Crude oil price decreases.

Polyamide 6 and its chain are steady.

Acrylonitrile is steady.

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

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

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

Petrochemicals Biodegradable Bioresin

Crude Oil Prices Trend

Petrochemicals Biodegradable Bioresin

-Dasani to Sell Water in Cans Starting Next Year

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

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

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

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

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

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

Petrochemicals Biodegradable Bioresin

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

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

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

Petrochemicals Biodegradable Bioresin

-Michigan provides $2.8M for recycling projects

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

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

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

Petrochemicals Biodegradable Bioresin

-CSP to supply Ford with composite engine shroud

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

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

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

Petrochemicals Biodegradable Bioresin

-Karl Mayer presents the complete knit supply chain

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

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

Karl Mayer presents the complete knit supply chain

-US July styrene contracts rise on higher upstream costs

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

US styrene contracts settle one month in arrears.

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

US July styrene contracts rise on higher upstream costs

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

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

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

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

Petrochemicals Biodegradable Bioresin

-Packaging Innovations to put plastic alternatives under the microscope

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

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

Petrochemicals Biodegradable Bioresin

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

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

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

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

Proviz jackets made from recycled plastic bottles

Related Topics

Petrochemicals Biodegradable Automotive 13-08-2019

Indorama Ventures Acquisition Sinterama

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

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

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

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

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

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

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

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

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

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

# # #

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

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

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

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

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

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

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

Indorama Ventures Acquisition Sinterama

Petrochemicals Biodegradable Automotive 13-08-2019

Petrochemicals Biodegradable Automotive

China – Polyethylene Terephthalate

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

Crude oil price increases.

Polyamide 6 and its chain are weak.

Acrylonitrile is steady.

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

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

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

Petrochemicals Biodegradable Automotive

Crude Oil Prices Trend

Crude Oil Prices Trend

-Indorama Ventures Announces Acquisition of Sinterama

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

Petrochemicals Biodegradable Automotive

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

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

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

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

Petrochemicals Biodegradable Automotive

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

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

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

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

Petrochemicals Biodegradable Automotive

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

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

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

Petrochemicals Biodegradable Automotive

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

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

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

Petrochemicals Biodegradable Automotive

-Wittmann Battenfeld K 2019 preview: enjoy innovation

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

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

Wittmann Battenfeld K 2019 preview: enjoy innovation

-Henkel offers free software tool for evaluating packaging recyclability

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

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

Henkel offers free software tool for evaluating packaging recyclability

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

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

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

Bunting HISC Stainless Steel Separator-1739 copy.jpg

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

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

Petrochemicals Biodegradable Automotive

-Researchers pushing boundaries for natural solutions to plastic waste

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

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

Researchers pushing boundaries for natural solutions to plastic waste

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

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

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

Petrochemicals Biodegradable Ethanol 12-08-2019

Polyolefins Petrochemical Polymers Ny66 Prices

Polyolefins Petrochemical Polymers Ny66

Polyolefins Petrochemical Polymers Ny66

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

Polyolefins Petrochemical Polymers Ny66

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

Polyolefins Petrochemical Polymers Ny66

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

Polyolefins Petrochemical Polymers Ny66

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

Polyolefins Petrochemical Polymers Ny66

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

 

Petrochemicals Biodegradable Ethanol 12-08-2019

Petrochemicals Biodegradable Ethanol

Polyolefins Petrochemical Polymers Ny66 Prices

Petrochemicals Biodegradable Ethanol

-Crude Oil Prices Trend

Crude Oil Prices Trend

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

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

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

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

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

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

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

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

Petrochemicals Biodegradable Ethanol

-Plastic, plastic everywhere but not for African recyclers

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

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

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

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

Plastic, plastic everywhere but not for African recyclers

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

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

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

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

Petrochemicals Biodegradable Ethanol

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

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

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

Petrochemicals Biodegradable Ethanol

-View: Gloom over oil demand will only get worse

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

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

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

Petrochemicals Biodegradable Ethanol

-Opec mulls further output cuts to support oil prices

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

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

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

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

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

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

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

Petrochemicals Biodegradable Ethanol

-Soft Plastic Recycling Scheme ready for more regulation

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

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

-Soft Plastic Recycling Scheme ready for more regulation

-PepsiCo and Coca-Cola withdraw from Plastics Industry Association

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

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

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

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

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

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

-Ineos breaks ground on new Texas styrenics plant

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

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

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

-Ineos breaks ground on new Texas styrenics plant

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

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

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

-New Packaging Technologies That Promote Sustainability and Food Safety

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

The search for sustainability

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

-New Packaging Technologies That Promote Sustainability and Food Safety

-Only 12% of plastic waste is recycled

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

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

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

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

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

Petrochemicals Biodegradable Aromatics 10-08-2019

Petrochemicals Biodegradable Aromatics

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

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

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

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

Petrochemicals Biodegradable Aromatics

-Trex offers recyclability testing for plastic film

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

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

Petrochemicals Biodegradable Aromatics

-Turkey PE prices slide to five-year low

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

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

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

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

Petrochemicals Biodegradable Aromatics

-RIKUTEC showcasing multilayer blow moulding machines at K

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

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

RIKUTEC showcasing multilayer blow moulding machines at K

-New Biobased Polymers Coming to Market in 2019

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

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

Petrochemicals Biodegradable Aromatics

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

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

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

Petrochemicals Biodegradable Aromatics

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

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

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

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

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

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

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

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

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

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

Asia naphtha extends losses on weaker crude oil; demand flat

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

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

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

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

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

-SOCAR to lay foundation of petrochemical complex in Turkey

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

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

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

SOCAR to lay foundation of petrochemical complex in Turkey

Petrochemicals Biodegradable Bioeconomy 09-08-2019

Moodys UnitState Sanctions Russia

Moodys UnitState Sanctions Russia

Moodys considers US sanctions a “constant threat” to Russia

Moodys UnitState Sanctions Russia

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

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