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Some OPEC members are U.S. ‘tools,’ Iran says – Iran’s oil minister said he believes Trump has worked with certain OPEC members to keep prices inflated in order to support U.S. shale oil growth – OPEC members USA tools Iran

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Some OPEC members are U.S. ‘tools,’ Iran says

Iran’s oil minister said he believes Trump has worked with certain OPEC members to keep prices inflated in order to support U.S. shale oil growth.
By Daniel J. Graeber Follow @dan_graeber Contact the Author
OPEC members USA tools Iran

Iranian Minister for Oil Bijan Zanganeh said he believes U.S. President Trump is coordinating with some OPEC members to keep oil prices high. File Photo by Maryam Rahmanian/UPI

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(UPI) — There may be certain members of OPEC acting as “tools” for a U.S. government looking to capitalize on shale oil momentum, Iran’s oil minister said.

Crude oil prices are trading in the mid $70 per barrel range, supported in part by geopolitical risk and an effort by the Organization of Petroleum Exporting Countries to tighten a once-oversupplied market with coordinated production cuts. Oil prices jumped more than 3 percent this week after U.S. President Donald Trump pulled his country out of the Iranian nuclear agreement with world partners, sparking concerns about additional supply shortages.

Iranian Oil Minister Bijan Zangeneh said in an interview broadcast on Iranian television late Thursday that he believed Trump cut an agreement with certain OPEC members to keep production low in order to support the higher oil prices that stimulate U.S. shale production.

“We [OPEC members] argue that the price of oil at the $60 per barrel range would be better in the long-run, but there are some OPEC members that are acting as tools for carrying out U.S. policies,” he said.

Trump’s decision to leave the Joint Comprehensive Plan of Action was met with widespread criticism, save for U.S. allies in Israel and Saudi Arabia, the regional arch foe of Iran and de facto head of OPEC. Both sides are locked in a proxy war in Yemen.

Both Saudi Arabia and Iran produced slightly more oil last month when compared with March, a survey from commodity pricing group S&P Global Platts revealed.

Trump in April used Twitter to complain the market was overheated, telling OPEC that “oil prices are artificially very high!” Brent crude oil closed on the day of that message at $74.06, compared with around $77.30 early Friday in New York.

Trump’s decision gives Iranian oil customers 180 days to find other reserves and could eventually limit about 1 million barrels of oil from a market with little spare capacity to work with. Iran’s oil minister said Tehran has a long track record of coping with sanctions pressure and could easily weather the storm.

“I believe America’s withdrawal from the JCPOA would lead to no significant development with regards to Iran’s exports of oil and condensate,” he said.

Related Topics

-Get ready for $100 a barrel oil and the conflict it represents – The geopolitical risk premium in oil has driven crude prices to nearly four-year highs and shows no signs of abating – $100 barrel crude oil

-Oil for $300. Is It Possible? – If major oil companies keep postponing the necessary investments, the next “huge supply shock” may bring the oil price up to $300 per barrel – Crude Oil $300 per barrel possible

-Oil eases as clock ticks down to Trump decision on Iran – Oil eased on Tuesday ahead of an announcement by U.S. President Donald Trump later in the day on whether the United States will reimpose sanctions on Iran, but the price held within sight of its highest in more than three years – Crude Oil Trump Iran

-Saudi Arabia Needs $88 Oil – Higher oil prices have provided a boost to the economies of oil-exporting nations such as Saudi Arabia – Saudi Arabia $88 Crude Oil

-BP says still sees oil at $50-$60/bbl in 2018 as shale output surges – BP expects benchmark oil prices to weaken in the second half of the year as U.S. shale production surges by up to 1.5 million barrels per day – BP crude oil $50 $60 barrel 2018 shale output

-Iran and the oil market – How Iran’s nuclear deal and a host of other factors are forging a new crude reality – Iran Crude Oil market

-Oil output cuts succeeded but future cloudy – There is a danger of Opec, non-Opec members exceeding their vision due to current rally in oil prices, energy expert says – Oil output cuts Opec nonOpec

-Who’s to blame for costly oil? Saudis, Russia and Trump himself – Rising oil prices are now the latest target in President Donald Trump’s cross-hairs. The nation’s tweeter-in-chief complained Friday about OPEC fueling – Blame costly oil Saudis Russia Trump

-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

-Escalating Middle East Tension Could Trigger Oil Prices To Hit $100 Per Barrel – Oil prices could soon soar to $100 per barrel amid growing fear about conflict in the Middle East, according to an oil analyst for CNBC – Oil Prices $100 Barrel

– IEA: OPEC Mission Near Completion as Oil Glut Vanishes – OPEC is on the verge of “mission accomplished” in its quest to clear the global oil glut that caused the worst industry downturn in a generation – IEA OPEC Crude Oil Glut

-Is Russia Cheating On The OPEC Deal? – After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd, the highest level since April 2017, as the top two Russian companies boosted their production – Russia Cheating OPEC Deal

-Oil price crosses $70 amid Iran deal tensions – Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal – Crude Oil price dollars 70 Iran tensions

-Is $70 oil the new normal? – The global economy is poised to cope well even if oil prices will remain at around $70 per barrel throughout 2018, energy experts said – Dollars 70 barrel crude oil shale oil

-Will oil prices remain strong for the rest of the year? – The oil inventory trajectory anchors oil prices in the short term, and the cost of bringing on the marginal barrel of US tight oil supply serves as the medium-term anchor for prices – The oil inventory trajectory anchors oil prices in the short term, and the cost of bringing on the marginal barrel of US tight oil supply serves as the medium-term anchor for prices – Crude Oil prices

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US ethylene spot prices slump amid long supply, leading to unit shutdown – -US ethylene spot prices slumped this week on the back of long supply and soft sentiment, causing a unit to be shut down due to poor margins – USA ethylene spot prices

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US ethylene spot prices slump amid long supply, leading to unit shutdown

 Source:ICIS News

USA ethylene spot prices HOUSTON (ICIS)–US ethylene spot prices slumped this week on the back of long supply and soft sentiment, causing a unit to be shut down due to poor margins.

US spot ethylene was assessed for the week ended on Friday at 12.000-12.500 ($265-276/tonne) cents/lb, compared with 13.125-14.250 cents/lb in the previous week.

Market sources said the recent fall in prices led Chevron Phillips Chemical (CP Chem) to idle an ethylene unit (No 22) at its complex in Sweeny, Texas this week as cracker economics have become unfavourable. Company sources did not immediately respond for comment.

US spot ethylene prices have been at historic lows as ethylene production, bolstered by new capacity, has overtaken ethylene consumption, which has been hampered by a slower-than-expected ramp up for new polyethylene (PE) units.

Outages at existing PE plants, including a force majeure at an INEOS plant, have further hampered ethylene consumption rates.

Since late 2017, about 3m tonnes/year of new ethylene capacity and about 3.5m tonnes/year of new PE capacity has started up. The new crackers have been running well, but several of the new PE plants have struggled to reach full operating rates.

The new ethylene capacity has also increased demand for ethane, which has driven up feedstock costs for ethylene production and squeezed cracker margins. Although there was some expansion for the week ended 4 May, spot ethylene margins remain tight for ethane feedstocks and negative for most other feedstocks.

Major US ethylene producers include Chevron Phillips Chemical, DowDuPont, ExxonMobil, INEOS Olefins & Polymers, LyondellBasell and Shell Chemical.

USA ethylene spot prices

By Tarun Raizada

Related Topics

-US April ethylene contract settlement delayed amid long supply, higher costs – US ethylene contract market participants have been unable to reach an agreement on an April settlement amid long supply, historically low spot prices and higher production costs – USA April ethylene contract

-The initial May contract price of MEG in Europe increased by EUR40 per tonne – The initial contract price of monoethylene glycol (MEG) in Europe for May deliveries was agreed at the level of EUR1,005 per ton, which is EUR40 per ton higher than the April contract prices – Price MEG Europe

-Sinopec raised MEG prices in April by USD162 per tonne – China China Petroleum & Chemical Corp. (Sinopec), the largest oil refining company in Asia, increased the April contract prices of monoethylene glycol (MEG) in the eastern regions of China by 1,020 yuan (CNY) or USD162 per ton – Sinopec MEG prices April

-Sinopec raised April MEG prices in East China by CNY500 per tonne – China China Petroleum & Chemical Corp. (Sinopec), the largest oil refining company in Asia, on April 17 raised the selling prices of monoethylene glycol (MEG) in the eastern regions of China by 500 yuan (CNY) or USD80 per ton compared to the March level – Sinopec April MEG prices East China

-Europe MEG spot prices play catch up after steep Asia gains – European monoethylene glycol (MEG) spot prices are playing catch up to the recent price surges in the Asia market – Europe MEG spot prices

-Prices of MEG in Asia rose again – Price proposals for monoethylene glycol (MEG) continued to grow in the Chinese market this week, as market sentiment became more optimistic amid the near-term outlook for the situation in the polyester market – Prices MEG monoethylene glycol Asia

-European MEG sellers emboldened by Asian rebound as April talks continue -The European monoethylene glycol (MEG) initial April contract decrease fell short of original expectations, but the latest rebound in Asia seems to have renewed European sellers’ confidence in the spot market – European MEG Asian April

-The initial price for MEG in Europe for April deliveries fell by EUR20 per tonne – The initial contract price of monoethylene glycol (MEG) in Europe for April deliveries was agreed at the level of EUR965 per tonne, which is EUR20 per ton lower than the March contract prices – Price MEG Europe April

-China’s MEG up in anticipations of better supply-demand for Q2 – China’s MEG market has remained rangebound for around two weeks, and domestic spot prices shivered around 7,000yuan/mt – China MEG prices market

-Prices MEG in the US may fall in April  – It is expected that prices of monoethylene glycol (MEG) in the US will decline in April due to a weakening of demand between peak seasons – Prices MEG USA April 

-AFPM ’18: EQUATE’s US MEG plant begins construction phase – CEO – AFPM 2018 EQUATE USA MEG

-Sabic reduced the April price of MEG by USD55 per tonne – Sabic, the largest Saudi petrochemical company, has lowered the contract price of monoethylene glycol (MEG) to supply material to the Asian market in April at USD55 per tonne compared to the March price level – Sabic April price MEG

-MEGlobal lowered the April contract price of MEG in Asia by USD80 per tonne – MEGlobal, the world leader in the production of monoethylene glycol (MEG) and diethylene glycol (DG), set the April contract price for MEG for Asia at USD1,100 per tonne – MEGlobal April contract price MEG Asia4

-China polyester to drive MEG, but oversupply fears – China polyester MEG oversupply – Robust demand from polyester production in China is expected to drive the Asian monoethylene glycol (MEG) market in the first half of 2018

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NPE2018 New Technology Focus: PET Machines Stretch the Limits – PET stretch-blow systems are the largest single category of blow molding machines at the show – NPE2018 New Technology PET Machines Stretch

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NPE2018 New Technology Focus: PET Machines Stretch the Limits

A huge variety of new one- and two-stage machines are blowing PET bottles and jars at the show.

PET stretch-blow systems are the largest single category of blow molding machines at the show. New versions offer higher outputs, increased flexibility, easier changeovers, and greater versatility to handle complex or “difficult” bottle shapes.

In one-stage injection-stretch-blow (ISBM) systems, Pet All Manufacturing (Booth W6545) is exhibiting for the first time its new ISBM-180E all-electric unit. The four-station rotary machine has a 15-ton clamp and handles six to 10 cavities for containers from 10 to 100 ml.

Kiefel Technologies (Booth W2727) is showing for the first time in the U.S. the Blowliner single-stage ISBM machine from its subsidiary Mould & Matic Solutions. Major advantages of this machine are said to be its compactness and versatility. It can process PET, PP, and HDPE; it can also be upgraded to multilayer barrier applications. It can mold containers from 10 ml to 5 L on the same machine.

In its largest NPE booth ever (Booth S19045), Nissei ASB Machine Co. is bringing five stretch-blow machines—both one-stage and two-stage—to Orlando, demonstrating a number of upgrades and special options that enhance productivity and allow production of a wide range of specialty PT containers from beer bottles, airline liquor miniatures, and sports drinks to premium cosmetics and wide-mouth jars that can accept a metal lug cap. One new model, ASB-150DPX, is said to be the “world’s first triple-row, one-step injection stretch-blow machine.” Making its debut in the Americas, this machine is molding 50-ml airline liquor miniatures in what ASB says is an “unprecedented” 48 cavities with a cycle time of 8.6 sec, for output greater than 20,000 bph.

In two-stage (reheat) machines, Pet All is showing the new CPSB-1000 LLE all-electric machine from Chum Power in Taiwan. This linear machine has continuous motion of preforms. It molds large containers of 10-20 L.

KHS Group (Booth S12045) has developed a new version of its high-output InnoPET Blowmax rotary RSBM system to meet rising demand for single-serve beverage bottles in the 250- to 800-ml size range. The system is more compact, but its small mold carriers process up to 2500 bottles/hr per station.

KHS also is showing off its Factor 100 PET bottle that debuted last fall at the Drinktec show in Germany. At 5 g, it’s said to be the lightest known half-liter PET bottle for still water.

W. Amsler Equipment (Booth S21067) has introduced the next generation of its linear stretch-blow molder as well as a newly enhanced leak tester. The L42X all-electric reheat machine offers several new features for custom PET blow molders, including preferential heating, neck orientation, and hot-fill capability. It can make containers up to 2 L in four cavities at up to 6500/hr. It can also run two-cavity molds for containers up to 5 L. Neck finishes range from 18 to 70 mm.

SIDE S.A. of Spain (Booth S16084) is presenting its new generation of linear reheat machines. These include the model 2006e, which takes up to six cavities for products from 250 ml to 3 L and output up to 10,000 bph. Model 2003eG is a two-cavity unit for up to 10 L containers and outputs from 2200 to 2600 bph.

SIDE will also feature its T-handle technology (also shown at NPE2015), which produces PET jugs with a pinched handle up to 36 mm deep through compression molding in the tool.

1Blow of France (Booth S14089), which supplies extremely compact RSBM systems, will highlight its next-generation Model 4LO for custom PET bottles. This all-electric system runs up to four cavities and bottles up to 2.5 L. It can accommodate preferential and offset-neck heating; neck orientation for flip-top caps (without requiring a tab or notch in the preform neck); heat setting; base inversion for hot filling; and Sure Grip, which imparts a deeper grip into the bottle than can be produced in standard stretch-blow systems.

Terekas UAB of Lithuania (Booth S10196) will present the newest version of its highly versatile FlexBlow RSBM system. The FlexBlow 2 WM is able to produce both wide-mouth (up to 110 mm) and narrow-neck (18-mm) containers. It can mold up to 73-mm necks in two cavities and wider in one cavity. Bottles from 1.5 to 3 L can be molded at 700 to 750/hr. Changing the bottle format, including molds, neck, and gripper parts, and fine-tuning the machine settings afterward, reportedly takes no longer than 30 min. Another new feature is customized preform grippers made by 3D printing. They allow for very precise detailing in custom designs.

PET Technologies GmbH of Austria (Booth S10057) has brought to market its fourth generation of reheat machines, called APF-Max, with output range 6000 to 14000 bph for bottles of 0.2–3 L. The series has 4, 6, or 8 cavities. A machine can be upgraded from 7000 bph to 14000 bph by installing extra ovens and mold cavities. The company says 15 min are enough to change the blow mold and start production of another bottle format. Only 2 hr are needed for changeover to another preform neck standard.

NPE2018 New Technology PET Machines Stretch

NPE2018 Exhibitors

Nissei ASB Company

Booth: S19045

View Showroom

Pet All Manufacturing Inc.

Booth: W6545

View Showroom

Flexblow

Booth: S10196

View Showroom

SIDE S.A

Booth: S16084

View Showroom

Mould & Matic Solutions GmbH

Booth: W2727

View Showroom

Amsler Equipment Inc.

Booth: S21067

View Showroom

PET Technologies

Booth: S10057

View Showroom

1 BLOW

Booth: S14089

View Showroom

KHS Corpoplast GmbH

Booth: S12045

View Showroom

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Thai Company in Talks to Buy Israeli Fabric Firm Avgol for $470 Million – Avgol Industries, an Israeli maker of nonwoven fabrics used in disposable diapers and other products – Thai Company Israeli Fabric Firm Avgol Indorama

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Thai Company in Talks to Buy Israeli Fabric Firm Avgol for $470 Million

The news sent shares of Avgol up 6.5% to 3.85 shekels on the Tel Aviv Stock Exchange

Thai Company Israeli Fabric Firm Avgol Indorama
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Avgol Industries, an Israeli maker of nonwoven fabrics used in disposable diapers and other products, said on Tuesday its two controlling shareholders were in talks to sell their stakes.

The announcement didn’t offer further details, but sources said the buyer was Thailand’s Indorama Ventures, which is offering to buy control in a deal valuing the entire company at 1.7 billion shekels ($470 million).

That works out to 5.80 shekels a share, a 60% premium on Avgol’s closing price on Monday before the announcement. The news sent shares of Avgol up 6.5% to 3.85 shekels on the Tel Aviv Stock Exchange, although Avgol said there was no certainty the talks would lead to a sale.

The news came a day after another Israeli manufacturer, Frutarom, a maker of flavors and fragrances, agreed to be acquired by International Flavors & Fragrances for $7 billion, making it the second-biggest takeover of an Israeli company after Intel purchased Mobileye last year for $15.3 billion.

Avgol has been through a difficult period, with its share price down 20% in the 12 months through Monday. The last year has seen prices for resin, its chief raw material, rise sharply, cutting pre-tax profits 80%, to just $1.8 million, in the fourth quarter of 2017.

However, its sales have continued rising, and after a 12.7% increase year on year in the quarter, it breached the $100 million mark for the first time in the company’s history.

A source close to the talks told TheMarker that Indorama, a publicly traded industrial group based in Bangkok, is prepared to a pay a premium for Avgol. “It has factories all over the world and a global customer base, so it has room to grow,” said the source, who asked not to be named.

Indorama, a global chemicals company controlled by the by Indian businessman Aloke Lohia with 75 production sites in 25 countries and 2017 revenue of $8.4 billion, had not commented on any talks by press time.

 

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Rising crude oil price threat to SA economy – The rising crude oil price presented a huge threat to the South African economy, Department of Energy deputy director-general for petroleum and petroleum regulation Tseliso Maqubela said this week – Rising crude oil price South African economy

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Rising crude oil price threat to SA economy

ENERGY  / SISEKO NJOBENI

Rising crude oil price South African economy
JOHANNESBURG – The rising crude oil price presented a huge threat to the South African economy, Department of Energy deputy director-general for petroleum and petroleum regulation Tseliso Maqubela said this week.
Oil prices have been increasing as a result of a number of factors including heightened demand and the crisis in Venezuela. The oil prices look set to to remain at elevated levels following the US decision to re-impose sanctions on Iran, the world’s fifth-largest oil exporter.
The US has pulled out of a July 2015 nuclear deal with Iran in terms of which Iran undertook not to seek, develop or acquire any nuclear weapons. Other signatories of the deal are China, France, Germany, the Russian Federation and the United Kingdom (UK).
Brent crude oil price was US$77.01 at 17.28pm on Thursday.
Maqubela said the the rising crude oil price presented the biggest threat to the South African economy. He said the oil price was unlikely to fall below US$70 a barrel in the near future. “We were at $30 a barrel in December 2015 and we are at $76 a barrel (on Thursday morning).
Bloomberg last month reported that oil exporter Saudi Arabia wanted the oil price to range between $80 and $100. 
“So once the price gets to $80, it is unlikely to come down. So we must find ways of dealing with that. We must find our own oil. That is the only way. We should explore for oil,” said Maqubela. 
Maqubela said even though South Africa did not import oil from Iran, South Africans would feel the impact of the high oil prices in fuel prices.
Meanwhile, Maqubela said the Department of Energy would involve other departments in its dealings with the petroleum industry with regard to the refinery upgrades needed for the move to clean fuels. There is lingering uncertainty about how the oil companies would recoup the costs of upgrades. The South African Petroleum Industry Association (Sapia) had previously estimated that upgrades could cost R40 billion.
“We have resolved that we cannot do the clean fuels support programme without the involvement of the (Department of Trade and Industry) and the Department of Economic Development because we do not believe that the motorists should shoulder the support programme alone,” said Maqubela.
He said the government had already taken steps to support the industry. For instance, National Treasury has introduced accelerated depreciation as one of the options to compensate for the investment in clean fuels.
“There was a commitment from former Minister of Finance Pravin Gordhan. The industry came back, saying (the accelerated depreciation) does not go far enough. We now have to at the available mechanisms at (dti) to support re-industrialisation. If we allow these refineries to close, we are de-industrialising,” he said.

Related Topics

-Get ready for $100 a barrel oil and the conflict it represents – The geopolitical risk premium in oil has driven crude prices to nearly four-year highs and shows no signs of abating – $100 barrel crude oil

-Oil for $300. Is It Possible? – If major oil companies keep postponing the necessary investments, the next “huge supply shock” may bring the oil price up to $300 per barrel – Crude Oil $300 per barrel possible

-Oil eases as clock ticks down to Trump decision on Iran – Oil eased on Tuesday ahead of an announcement by U.S. President Donald Trump later in the day on whether the United States will reimpose sanctions on Iran, but the price held within sight of its highest in more than three years – Crude Oil Trump Iran

-Saudi Arabia Needs $88 Oil – Higher oil prices have provided a boost to the economies of oil-exporting nations such as Saudi Arabia – Saudi Arabia $88 Crude Oil

-BP says still sees oil at $50-$60/bbl in 2018 as shale output surges – BP expects benchmark oil prices to weaken in the second half of the year as U.S. shale production surges by up to 1.5 million barrels per day – BP crude oil $50 $60 barrel 2018 shale output

-Iran and the oil market – How Iran’s nuclear deal and a host of other factors are forging a new crude reality – Iran Crude Oil market

-Oil output cuts succeeded but future cloudy – There is a danger of Opec, non-Opec members exceeding their vision due to current rally in oil prices, energy expert says – Oil output cuts Opec nonOpec

-Who’s to blame for costly oil? Saudis, Russia and Trump himself – Rising oil prices are now the latest target in President Donald Trump’s cross-hairs. The nation’s tweeter-in-chief complained Friday about OPEC fueling – Blame costly oil Saudis Russia Trump

-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

-Escalating Middle East Tension Could Trigger Oil Prices To Hit $100 Per Barrel – Oil prices could soon soar to $100 per barrel amid growing fear about conflict in the Middle East, according to an oil analyst for CNBC – Oil Prices $100 Barrel

– IEA: OPEC Mission Near Completion as Oil Glut Vanishes – OPEC is on the verge of “mission accomplished” in its quest to clear the global oil glut that caused the worst industry downturn in a generation – IEA OPEC Crude Oil Glut

-Is Russia Cheating On The OPEC Deal? – After three months of steady output, Russia’s crude oil production increased in March to 10.97 million bpd, the highest level since April 2017, as the top two Russian companies boosted their production – Russia Cheating OPEC Deal

-Oil price crosses $70 amid Iran deal tensions – Oil prices rose as investors saw increasing possibility that the US could withdraw from the historic Iran nuclear deal – Crude Oil price dollars 70 Iran tensions

-Is $70 oil the new normal? – The global economy is poised to cope well even if oil prices will remain at around $70 per barrel throughout 2018, energy experts said – Dollars 70 barrel crude oil shale oil

-Will oil prices remain strong for the rest of the year? – The oil inventory trajectory anchors oil prices in the short term, and the cost of bringing on the marginal barrel of US tight oil supply serves as the medium-term anchor for prices – The oil inventory trajectory anchors oil prices in the short term, and the cost of bringing on the marginal barrel of US tight oil supply serves as the medium-term anchor for prices – Crude Oil prices

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Sidel launches EvoDECO labelling solution for faster product and format change-overs -Sidel has launched the EvoDECO labelling solution for faster product and format change-overs, using the same equipment for different label types – Sidel EvoDECO labelling solution

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Sidel launches EvoDECO labelling solution for faster product and format change-overs

Sidel has launched the EvoDECO labelling solution for faster product and format change-overs, using the same equipment for different label types.

 Sidel EvoDECO labelling solution

Based on a common core and optimised design, they enable producers to deliver different stock keeping units (SKUs).

They might either include several labelling applications in one multi-technology machine or a single labelling application through dedicated equipment, for optimised uptime, reduced footprint and low total cost of ownership (TCO).

The EvoDECO platform is built using the latest technologies regardless of model or configura-tion. This gives beverage producers the ability to choose solutions based on their specific labelling needs and output levels, without compromising on flexibility, efficiency or sustainability.

It brings modularity into labelling, offering a standardised carousel that can be equipped with up to four different labelling technologies: roll-fed, self-adhesive, cold glue and hot melt.

This allows manufacturers to set up the machine for their unique labelling needs, as they can easily apply several types of labels to different types of containers and packaging materials (PET, HDPE, glass), of varying formats and dimensions (from 0.1L to 5L), on a single machine at speeds from 6,000 up to 81,000 containers per hour.

Switching between various labelling modules is quick and easy, thanks to Plug & Play connections, offering producers the freedom of labelling choice and total flexibility.

Related Topics

-Sidel: Liquid dairy packaging should turn to PET – Liquid packaging specialist Sidel have advocated for the liquid dairy industry to switch to PET packaging at this year’s Global Dairy Innovation – Sidel Liquid dairy packaging PET

-Sidel’s Preform Feeder Ensures Easy and Safe Operations – Sidel EasyFEED™ is an innovative, compact and safe ground-level preform feeder for PET production lines. – Sidel Preform Easy Safe Operations

-Sanpellegrino turns to Sidel to increase performance, hygiene and production capacity – Sanpellegrino Sidel performance hygiene production capacity – Sidel has supplied two Sidel Matrix™ Combis to the Sanpellegrino plant in Ruspino, Italy, to help increase production capacity of its famous sparkling mineral water

-Refres Now expects ‘significant energy saving’ thanks to Sidel Matrix Combi – Energy saving Sidel Matrix Combi

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NPE ’18: ‘Industry 4.0’ not always right decision – US automation firm – The trend to upgrade technology and go digital, also known as Industry 4.0, can have unforeseen inefficiencies and possible security vulnerabilities, a US-based industrial automation services firm said on Friday – NPE 2018 Industry 40 USA automation

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NPE ’18: ” not always right decision – US automation firm

Source:ICIS News

NPE 2018 Industry 40 USA automation ORLANDO (ICIS)–The trend to upgrade technology and go digital, also known as Industry 4.0, can have unforeseen inefficiencies and possible security vulnerabilities, a US-based industrial automation services firm said on Friday.

“I’m not saying, ‘don’t do it’,” Automation & Control Inc president Ron Iannacone said on the sidelines of this year’s National Plastics Exposition (NPE). “We’re in the innovation field. But don’t make it out that everybody’s going to have it.”

Despite advances in technology, there is no 100% foolproof system, Iannacone noted.

“I think the problem is, people want 100%,” he said. “They want a computer to tell them everything that can go wrong with a machine. It’s not going to happen, probably ever.”

Simple human error is the largest variable to complicate predictive analytics, he noted.

“The machinery is so complex, and there are so many things that can affect the operation of equipment,” Iannacone said. “You can’t put robots on everything. You still need a human operator.”

He was also critical of relying on industrial internet of things (IoT) for one or two portions of a facility floor.

“Original Equipment Manufacturers (OEM) ask me my opinion on the internet of things as it applies to manufacturing,” Iannacone explained. “I said, ‘it’s a joke’. Unless you do what we do and tie everything together in the whole plant floor, you’re only going to get it (IoT) on that one machine,” he said.

Iannacone compared the situation to owning a Tesla electric vehicle (EV) with diagnostic readouts, next to a 1974 Chevrolet. Having one smart vehicle doesn’t increase the amount of data you can monitor for both, he said.

In addition, some company information is sensitive enough that utilising ditigalisation techniques reduces security instead of the intended effect of increasing it, he said.

“We do data collection. We collect machine and process data for major companies,” he said. “Customer information. Lot number. Critical process information that is key to the business. A lot of which is proprietary.”

Industrial information can be sensitive enough, Iannacone said, that certain customers will say outright they’re not interested  in trends such as cloud computing, the act of hosting information on a remote network of servers offsite from company property.

“The trend is to put data on the cloud,” he said. “But our customers don’t want anything on the cloud. Some customers won’t even let you remote connect to information. One of our customers doesn’t even want to exhibit here because their information is so proprietary.”

Collecting data for companies who serve customers in the automotive industry is a particular issue, he said, noting the competitiveness in the automotive sector.

Sponsored by the Plastics Industry Association (PLASTICS), NPE2018: The Plastics Show takes place on 7-11 May in Orlando, Florida.

By David Haydon
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