Unifi’s REPREVE® Named An Official Recycling Partner Of The Wyndham Championship – The 79th annual Wyndham Championship just got a lot greener, thanks to a new partnership with Greensboro, N.C. – based Unifi, Inc. – Unifi REPREVE Recycling Partner Wyndham Championship

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Unifi’s REPREVE® Named An Official Recycling Partner Of The Wyndham Championship

Unifi REPREVE Recycling Partner Wyndham Championship GREENSBORO, N.C.   — The 79th annual Wyndham Championship just got a lot greener, thanks to a new partnership with Greensboro, N.C. – based Unifi, Inc. The global textile manufacturer, which makes its REPREVE® performance fiber from recycled materials, including plastic bottles, is excited to announce it has signed a multi-year agreement to become an official recycling partner of the PGA TOUR event contested annually at Greensboro’s Sedgefield Country Club. It is estimated that tens of thousands of plastic bottles will be recycled through this partnership.

“We are proud to partner with the Wyndham Championship to help continue keeping plastic bottles out of the landfill and help to further conserve natural resources in the making of REPREVE recycled fibers,” said Unifi CEO Kevin Hall. “What if every one of the 80,000 – 100,000 people who typically attend the Wyndham Championship recycled their water bottle instead of throwing it away?  The positive impact that would have on our local environment would be terrific.”

“This new partnership with Unifi is fantastic news for the Wyndham Championship and our environment,” Wyndham Championship tournament director Mark Brazil said. “Environmental sustainability is a key part of our ‘Wyndham Championship Fore! Good’ initiative, a platform that also focuses on charitable giving and community development.  We are eager to adopt innovative sustainable practices and recycling the plastic bottles used during our PGA TOUR event to turn them into REPREVE performance fiber, and that is about as innovative as it gets.  Partnering with Unifi in this manner is a significant enhancement of our existing recycling efforts.”

This year’s tournament will be held Aug. 13-19, 2018, where tournament patrons will be encouraged to look for and use the REPREVE recycling receptacles that will be conveniently positioned around the course and in the REPREVE Recycle Zone.   REPREVE’S Mobile Tour will be on-site the entire week of the tournament. Through this interactive experience, Wyndham Championship patrons will learn how the bottles they choose to recycle are transformed into sustainable performance fibers. They will also have the opportunity to see and touch products made with REPREVE from global brands they know and love.

“The recycling rate for plastic bottles in the U.S. is low – about 28%,” Hall said. “Through this partnership, we’re able to divert thousands of bottles from the landfill and show tournament patrons some of the innovative things we can do with them. Our goal is to inspire people to recycle more, buy recycled and join in our efforts to help protect our natural resources.  We are excited to partner with the Wyndham Championship to help educate golf fans and to work together to create a better tomorrow.”

Hall noted that the amount of REPREVE fiber that could be made from 100,000 recycled water bottles could produce 25,000 hats, 33,000 pairs of jeans or 20,000 pairs of casual pants.

Source: Unifi, Inc.

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Oil pulls back from gains; OPEC says glut nearly gone – Oil prices on Thursday hit highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though U.S. crude gave back gains in the afternoon to finish lower – Crude Oil OPEC glut Saudi Arabia

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Oil pulls back from gains; OPEC says glut nearly gone

NEW YORK (Reuters) – Oil prices on Thursday hit highs not seen since 2014, built on the ongoing drawdowns in global supply and as Saudi Arabia looks to push prices higher, though U.S. crude gave back gains in the afternoon to finish lower. 

Crude Oil OPEC glut Saudi Arabia

FILE PHOTO: A pump jack is seen at sunrise near Bakersfield, California October 14, 2014. REUTERS/Lucy Nicholson/File Photo

A global oil glut has been virtually eliminated, according to a joint OPEC and non-OPEC technical panel, two sources familiar with the matter said, thanks in part to an OPEC-led supply cut deal in place since January 2017.

U.S. West Texas Intermediate (WTI) crude futures CLc1 settled 18 cents lower at $68.29 a barrel after earlier hitting $69.56, their highest since Nov. 28, 2014. WTI has gained nearly 8 percent in the last eight days of trading.

Brent crude futures LCOc1 ended at $73.78 a barrel, up 30 cents. The global benchmark touched $74.75 a barrel, its highest since Nov. 27, 2014 – the day OPEC decided to pump as much as it could to defend market share.

“Overall the supply-demand equation is fairly balanced,” said Anthony Scott, managing director at BTU Analytics in Denver. “It depends on expectations at this point – bullishness may be stalling out, and people are asking, ‘What’s the next leg; you need to see the next signal, whether it’s a bullish or bearish signal.’”

Traders said speculators continue to bet on further upside, expecting potential supply disruptions and further drawdowns, driven by strong demand. More than 830,000 front-month contracts changed hands on CME Group’s New York Mercantile Exchange on Thursday, compared with a daily average of about 615,000.

Investors are eyeing the $70 level on U.S. crude, but said that would likely face resistance, particularly as the speed and magnitude of the recent rally would augur for selling pressure before long.

“I do think we could see $70 pretty quick, but I want to caution that maybe we’ll see the market level out a little bit in a few weeks,” said Phil Flynn, analyst at Price Futures Group in Chicago.

The Organization of the Petroleum Exporting Countries’ Joint Technical Committee, meeting this week in Jeddah, found that inventories in developed nations in March were at just 12 million barrels above the five-year average, according to a source familiar with the matter.

However, Oman’s oil minister, Mohammed bin Hamad Al Rumhi, said he still thinks the oil market is oversupplied.

Reuters reported on Wednesday that Saudi Arabia would be happy for crude to reach $80 or even $100 a barrel, viewed as a sign that Riyadh will not seek changes to the supply pact.

Also supporting prices is the possibility that the United States might reimpose sanctions on Iran, OPEC’s third-largest producer, which could result in further supply reductions.

(GRAPHIC: U.S. crude oil production, storage levels – reut.rs/2J7QJAY)

Reuters Graphic Crude Oil OPEC glut Saudi Arabia

Additional reporting by Shadia Nasralla in London, Koustav Samanta and Henning Gloystein in Singapore, Nina Chestney in London; editing by Marguerita Choy and David Evans

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Global PP tightness to persist – Polypropylene (PP) prices have been subject to high volatility in the early months of the year, especially due to the high swings in crude oil quotations – Global Polypropylene PP tightness

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Global PP tightness to persist

Source:ICIS Chemical Business

PolypropyleneGlobal Polypropylene PP tightness  (PP) prices have been subject to high volatility in the early months of the year, especially due to the high swings in crude oil quotations. In Europe, higher propylene prices are expected to result in a rise in the PP domestic price in April, following a March PP price of €1,376, when sellers had no option but to transfer the monthly monomer decrease down to their customers. PP prices are predicted to continue to rise in May before falling back in June – again, following the expected trend in propylene prices. Supply and demand are currently balanced for both PP and propylene. Although PP buyers are understood to be well stocked, supply is not abundant, especially due to the ongoing cracker turnaround season.

Global Polypropylene PP tightness

Looking ahead to the rest of 2018, sellers in Europe do not expect to see a significant rise in PP imports, which means that the market is unlikely to be oversupplied. The global balance between supply and demand outlines a positive outlook for producers in terms of margins, and also in Europe. Standalone producers’ margins in the region are expected to increase particularly from September, with the spread between propylene and PP forecast to widen during the second turnaround season in the autumn. Future investments in new propylene and PP capacity in Europe are being considered, and a few are firmly planned, such as a propanedehydrogenation (PDH)/PP integrated project in Poland. However, no new PP capacity is expected to be onstream in the region before 2022-2023, which indicates a growing prospective importance of imports for European processors.

CHINA SLOWDOWN HITS DEMAND

Chinese importers are said to remain cautious as a result of fragile downstream demand and price cuts in overseas markets. Asian PP markets remain weak following the Lunar New Year holidays, which ended on 21 February. The widely anticipated bounce-back in demand has not happened. One reason why many market participants had thought pricing would be stronger is that this is normally a peak demand season in China and southeast Asia. Second, there are several maintenance shutdowns in both regions. Instead, prices have edged down, as a result of unexpectedly high domestic inventory levels in China. China’s inventories are high because of a gradual slowdown taking place in the Chinese economy.

ICIS expects lower average PP prices in northeast Asia and southeast Asia in April and then higher prices in May and June. Three factors are expected to drive prices higher in May and June:

■ Firstly, the winter clean-air campaign has come to an end. This was the campaign in 28 northern Chinese cities to improve air quality during the winter months. This led to the shutdown of a large percentage of these cities’ manufacturing capacity, including smaller-scale plastic processors. Some of these processors have come back on-stream, while others remain off line because of longer term efforts to reduce air pollution. Closures of some fabricators will be permanent as China attempts to both reduce pollution and improve the economies of scale of all of its manufacturing industries.

■ Secondly, PP demand will pick up ahead of the Labour Day public holiday on 1 May. June is a strong month for economic activity in general as a result of internet sales festivals held by Alibaba and JD.com.

■ Thirdly, there has been a reduction in imports of uncleaned and unsorted scrap plastic (see box). This is also expected to provide support to demand and pricing in the coming months.

In the US, the homopolymer injection grade contract PP price is forecast to remain flat or rise slightly in April, after settling at 67 cents/lb in March, despite feedstock propylene supply issues easing amid strengthened production by new and restarted capacity.

Prices are expected to remain stable in May, before a seasonal dip in June. North American PP consumption is forecast to increase in Q2 as net imports and production ramp up.

The US PP market is expected to remain a net exporter, despite growing demand – even as the price spread between the US and China remains broad, making imports more attractive.”

Looking at oil prices, the overall outlook remains unchanged. Bullish factors, including the threat of new sanctions against Iran and a possible trade war between the US and China, are expected to result in slightly higher prices in April compared with March.

The Brent oil price averaged $65.8/bbl in March, relatively flat compared with February. A softening in prices is expected throughout the second half of the year, mainly as a result of increasing US shale production, which will challenge the global crude oil balance. Similar trends are expected for naphtha prices. Naphtha demand from the petrochemicals industry is lowering as operators are cracking more LPG in Europe at the expense of naphtha.

China used to be the world’s biggest dumping ground for uncleaned, unsorted used plastic, especially from western countries. Since January, regulations have been introduced to severely restrict these imports. The object of the ban is to protect the health of coastal towns that had been processing centres for this trade.Imports of unsorted and uncleaned PP are expected to be 964,000 tonnes lower in 2018 compared with 2017.

Because PP imported this way is highly polluted, 30% of imports ends up in finished products. The rest has to be either incinerated or buried in landfills. ICIS estimates that the scrap plastics ban will boost China’s consumption of virgin PP resins by 1% compared with our original estimate for 2018. This will amount to 272,000 tonnes of extra demand, leaving this year’s virgin PP consumption at 27.5m tonnes.

ICIS PRICE FORECAST REPORTS

The authors contribute to the ICIS price forecasting report. Fabrizio Galie and Lorenzo Meazza (Vergiate, Italy) are authors of PP and polyethylene (PE) Europe price forecast reports. Paolo Scafetta (Vergiate, Italy) writes raw materials/olefins forecasts. John Richardson (Perth, Australia) is author of PP and PE Asia price forecast reports. James Ray and Stephanie Kirby (Houston, US) are authors of PP and PE US price forecast reports.

By Fabrizio Galie, Lorenzo Meazza, Paoli Scafetta, John Richardson, James Ray, Stephanie Kirby

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Why recycling is not the answer for fighting the plastic pollution problem – Britain has today revealed plans to tackle plastic pollution calling it one of the world’s biggest environmental challenges – Recycling plastic pollution problem

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Why recycling is not the answer for fighting the plastic pollution problem

Now Reading:Why recycling is not the answer for fighting the plastic pollution problem

Recycling plastic pollution problem

Britain has today revealed plans to tackle plastic pollution calling it one of the world’s biggest environmental challenges.

The government is consulting on a possible ban of single-use items like plastic straws and cotton buds.

But what is the best way of cutting plastic pollution? We spoke to an expert at the European Environmental Bureau to find out.

How much of a problem is it?

Marine-based plastic pollution is already one of the world’s major environmental problems and campaigners say it is expanding at a catastrophic rate.

Although it is difficult to measure, there is estimated to be around 150 million metric tonnes of plastic in our oceans.

We add a further eight million tonnes per annum.

This, say campaigners, is the equivalent of tipping a refuse truck full of plastic into the ocean every minute of each day for a year.

If we carry on at the current pace there will be more plastic than fish — in terms of weight — by 2050, according to a report by the World Economic Forum.

Why is it a problem?

It’s a problem because sealife and birds have been swallowing the plastic, which has subsequently killed them.

The Ocean Conservancy says plastic has been found in more than 60% of all seabirds and 100 per cent of sea turtle species.

Earlier this month it emerged a sperm whale found dead on a Spanish beach had 29 kilograms of plastic in its stomach.

Experts said it had died because it was unable to expel the plastic from its body.

Toxins from chemicals used to adapt the plastics are also leaking into the environment, poisoning groundwater and the food chain.

Where is all the plastic coming from?

Plastic has proved to be a low-cost and versatile material that make it ideal for use in many applications.

But it has spawned a disposable lifestyle with around 50% of plastic used just once and then thrown away, according to Plastic Oceans.

It says we’re producing 300 million tonnes of plastic a year and the output over the last decade has been greater than the previous century.

What are the worst items?

The main items that litter beaches like plastic bottles, straws and hygiene products, said Carsten Wachholz, senior policy officer for the circular economy at EEB.

Is more recycling the answer?

Not really, according to Wachholz.

He claimed that while recycling is better than just throwing plastic away there are better ways to deal with the problem.

Reducing the amount and types of different plastic we use would be better, he added.

“We cannot recycle our way out of the plastic pollution wave because we are using too much plastic in the first place,” he said.

What’s the problem with recycling?

Wachholz said most recycling doesn’t separate different plastics from each other, which makes the process less efficient.

For example if you recycle a plastic water bottle it will get mixed in with other plastics, making it highly unlikely it will emerge the other end as the same item.

He added: “We need to simplify the variety of plastics that are available on the market otherwise recycling will always end up in some low quality plastic stuff that can be used for park benches but little else.”

Wachholz said if consumption was reduced that would make it economically viable to look at establishing more effective collection-sorting-recycling processes that focus on individual plastics rather than grouping them all together.

It would mean water bottles being recycled back as water bottles, something that would have a far bigger impact on the amount of plastic the world produces.

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Norwegian plastics recycler Tomra seeks to expand in China – Norway’s Tomra, the world’s top maker of machines that collect plastic bottles and repay a deposit, is seeking to expand in China as governments worldwide work to limit waste – Norwegian plastics recycler Tomra China

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 Norwegian plastics recycler Tomra seeks to expand in China

Norwegian plastics recycler Tomra China ASKER, Norway (Reuters) – Norway’s Tomra, the world’s top maker of machines that collect plastic bottles and repay a deposit, is seeking to expand in China as governments worldwide work to limit waste, Chief Executive Stefan Ranstrand said on Wednesday.

He welcomed a decision by Britain last month to impose deposits on single-use drink containers, which drove Tomra’s stock to a 17-year high. Tomra collects 35 billion bottles and cans a year in markets from Germany to California.

“We see a very strong worry in the world right now as a result of the big quantities of plastic in the oceans,” Ranstrand told Reuters.

“We always are very cautious in predicting (future markets for recycling). But we have never seen so much attention to the topic.” Apart from Britain, other recent bottle deposit markets include Lithuania and the Australian state of New South Wales.

In China, Tomra has expanded to 200 employees, from zero in 2009, giving a foothold in a potential vast market. Worldwide, Tomra has 3,400 staff and 2017 revenues of 7.4 billion Norwegian crowns ($953 million).

Tomra’s products include its “reverse vending machines” that pay back a deposit for bottles and cans, other recycling systems and machines that sort food such as potatoes, oranges or apples before packaging.

Ranstrand’s business card is written in English and Chinese.

An expanding middle class in China and a global shift to online shopping will mean burgeoning waste – a book ordered online from Amazon, for instance, comes with far more packaging than one bought in a shop.

“We are putting a lot of emphasis on China for the time being in this direction,” he said, referring to ways to promote online sales and a “circular economy”.

Tomra has both production and research/development for reverse vending machines in China, that could help if Chinese provinces or cities ever impose deposits. “Were there to be a development, then we are ready,” he said.

BLUEBERRIES

China’s restrictions this year on imports of low-grade trash for recycling as part of a policy to limit pollution have raised global awareness of plastic waste, but have not directly affected Tomra, Ranstrand said.

Plastic used in bottles, for instance, is of a high grade that has maintained its value.

He said the firm was not planning imminent acquisitions after takeovers including BBC Technologies, a New Zealand firm that sorts fruits such as blueberries, for NZ$66.9 million ($49 million) in February.

“I think we are pretty happy … I think we can say we are still looking around if something comes up,” he said.

Tomra has 82,000 reverse vending machines worldwide – led by Germany with 30,000, where it has a 70 percent market share. Other big markets are Nordic nations, parts of Canada and the United States and Australia.

In Germany, where Tomra has upgraded many machines in recent years, installations in 2018 were likely to be at the lower end of a 2,700-3,700 band, and slightly lower in subsequent years.

He saw little chance of expansion in the United States under U.S. President Donald Trump. “We do not have any indications of any emerging opportunities there. If you go down to Texas everything is landfilled,” he said.

($1 = 0.8085 euros)

($1 = 7.7629 Norwegian crowns)

($1 = 1.3650 New Zealand dollars)

Reporting by Alister Doyle; Editing by Dale Hudson

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Aripack announces partnership with NEO Plastics – Packaging supplier, Aripack, announced its partnership with NEO Plastics, a plastics company offering a new tool toward a zero-waste sustainability strategy – Aripack partnership NEO Plastics

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Aripack announces partnership with NEO Plastics

Aripack partnership NEO Plastics Packaging supplier, Aripack, announced its partnership with NEO Plastics, a plastics company offering a new tool toward a zero-waste sustainability strategy.

Plastics have been accumulating in landfills for decades at alarming rates. NEO offers a solution where the problem exists. NEO Plastics are designed to convert waste to useful biogas and ultimately sustainable clean energy.

With the rise of Landfill Gas to Energy efforts, including the Environmental Protection Agency’s (EPA) Landfill Methane Outreach Program (LMOP), NEO Plastics can help support these endeavors in a big way. NEO’s creative solution allows ordinary plastics the opportunity to provide value after discard. By accelerating the natural process in anaerobic landfills, the NEO organic additive creates the opportunity to unlock the energy in plastics, delivering useful biogas to waste facilities that now collect and convert this valuable resource into clean sustainable energy.

Brands looking for sustainable packaging solutions can now look to NEO as a new resource. As part of a Waste to Energy (WTE) strategy, NEO Plastics unlocks a solution in our “ALL IN” fight for a cleaner environment.

“Consumers are becoming more aware of the impact packaging has on our environment and demand a response. Innovation is who we are at Aripack and we believe in providing our customers with options, especially when it comes to the environment. The key is creating practical solutions that add value without disruption, and we believe NEO is that solution.” said Isak Bengiyat, Aripack Founder.

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Kreyenborg get official green-lights for IR-CLEAN systems to decontaminate PCR – The IR-CLEAN System from Kreyenborg, a low-cost alternative for direct decontamination of PET, has received an approval from the United States’ Food and Drug Administration – Kreyenborg green lights IRCLEAN systems PCR

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Kreyenborg get official green-lights for IR-CLEAN systems to decontaminate PCR

by John Carlon

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