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UN seeks crackdown on single-use plastic – Less than a 10th of all the plastic ever made has been recycled, and governments should consider banning or taxing single-use bags or food containers to stem a tide of pollution – UN crackdown single use plastic

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UN seeks crackdown on single-use plastic

REUTERS

UN crackdown single use plastic

‘Scourge of plastic’ in every part of Earth, says United Nations.   –  PTI

“Less than a 10th of all plastics recycled”

OSLO, JUNE 5

Less than a 10th of all the plastic ever made has been recycled, and governments should consider banning or taxing single-use bags or food containers to stem a tide of pollution, a UN report said on Tuesday, UN World Environment Day.

The study, billed as the most comprehensive review of government action to curb single-use plastics, said up to 5 trillion plastic bags were used worldwide each year. Spread out side-by-side, they would cover an area twice the size of France.

“The scourge of plastic has reached every corner of the Earth,” Erik Solheim, head of UN Environment, wrote in the report, compiled with the Indian government and launched along with a slogan: “If you can’t reuse it, refuse it. Only 9 per cent of the 9 billion tonnes of plastic the world has ever produced has been recycled,” the report said. “Most ends up in landfills, dumps or in the environment.”

China is the biggest source of plastic packaging waste, ahead of the European Union and the United States. Per capita, however, the United States produces most, ahead of Japan and the EU. But there are signs of action to limit plastic pollution, which harms life in the oceans, contaminates soils and releases toxic chemicals when burnt. “Targeted levies and bans – where properly planned and enforced – have been among the most effective strategies to limit overuse of disposable plastic products,” the report said.

Elisa Tonda, who leads UN Environment’s Sustainable Lifestyle programme, said more than 60 countries had bans or charges on single-use plastics such as bags or polystyrene containers.

Thirty per cent of countries found sharp drops in plastic bag consumption in the first year after imposing restrictions, while 20 per cent saw little or no change. But in half the cases, governments failed to gauge the effects of restrictions, the report said.

Among its recommendations, the report called for better sorting of waste and recycling, economic incentives to promote eco-friendly alternatives to plastics, education of consumers and promotion of reusable products. The report also found other cultural side-effects. In South Africa, plastic litter is jokingly referred to as ”the new national flower”. In Ireland, windblown plastic bags caught in trees are referred to as “witch’s knickers”.

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Initial US April, May ethylene contracts settling lower – USA April May ethylene contracts

USA April May ethylene contracts USA April May ethylene contracts  USA April May ethylene contracts  USA April May ethylene contracts  USA April May ethylene contracts  USA April May ethylene contracts  USA April May ethylene contracts  

Initial US April, May ethylene contracts settling lower

Source:ICIS News

HOUSTON (ICIS)–Initial settlements for US April and May ethylene are at a decrease of 1.5 cents/lb and 0.75 cent/lb, respectively, tracking lower spot prices, market sources said on Monday.

USA April May ethylene contracts
Photo by Mode/REX/Shutterstock

If accepted by the market, the double-month settlement would put April ethylene contracts at 26.75 cents/lb ($590/tonne) and May at 26.00 cents/lb.

March ethylene contracts had settled at 28.25 cents/lb.

US ethylene contract prices typically settle at the start of the month for the prior month. The market had been unable to reach a settlement for April contracts.

Ethylene contracts last had a double-month settlement following Hurricane Harvey, when the August contract was delayed amid disruptions from the hurricane. August contracts settled alongside September contracts the following month.

In April and May, the ethylene market was under pressure from long supply and less-than-expected demand due to new capacity coming online.

Since late 2017, about 3m tonnes/year of new ethylene capacity and about 3.5m tonnes/year of new polyethylene (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 resulting imbalance had led to supply length in the ethylene market and pushed ethylene spot prices to historic lows. Spot ethylene was assessed at 12.00-12.50 cents/lb in the week ended 11 May, its lowest point since January 1999.

Spot prices had rebound slightly in the second half of May, following the idling of a cracker and stronger PE operating rates in March and April.

Front-month ethylene spot prices in April were 13.00-17.50 cents/lb, compared with 16.0-22.0 cents/lb in March. Front-month ethylene spot prices in May were 12.00-15.25 cents/lb.

A full settlement is pending further confirmation from market participants.

Major US ethylene producers include ExxonMobil, INEOS, LyondellBasell and Shell Chemical.

Major US buyers include Occidental Chemical and Westlake Chemical.

USA April May ethylene contracts

By Jessie Waldheim

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Asia petrochemicals outlook, w/c June 4 – The performance of Asian petrochemical markets this week will be determined mainly by supply forces – Asia petrochemicals outlook

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Asia petrochemicals outlook, w/c June 4

Singapore (Platts)

The performance of Asian petrochemical markets this week will be determined mainly by supply forces. The availability of cheaper Chinese cargoes and high inventory levels at the ports could exert downward pressure on benzene, propylene and polypropylene going forward. Meanwhile, tight ethylene and styrene monomer supply will continue to buoy prices this week.

AROMATICS

Asia petrochemicals outlook    After Asian paraxylene prices fell last week, closing the week amid lackluster buying sentiment, traders were of the opinion that the week ahead could see more aggressive buying interest for fixed price cargo. However, with PX turnarounds in India and South Korea underway, coupled with lower downstream production in Northeast Asia, market participants expect PX prices to be rangebound if there are no distinctive change in fundamentals.

In Asian benzene, prices gained last week, supported by active buying for July and August-loading cargoes. Inventory pressure had also begun to ease as tank inventories in East China stood at 233,900 mt last Friday, down 3,900 mt week on week. At these levels, inventory remained relatively elevated, and players stated that further easing was necessary for prices to really take off. Market participants also noted, “With the benzene arbitrage closed, it will be Asian downstream operating rates driving prices moving forward.”

Meanwhile, in downstream styrene monomer, Chinese prices, which hit a fresh four-year high last week, could dip with buying expected to subside, as short-covering would no longer drive additional buying as the clearing date for May contracts on the Chinese Huaxicun exchange had passed. Nonetheless, prices were likely to remain firm in the next few weeks after inventory touched a year to date low of 26,000 mt last Wednesday, and market participants expected the tight supply situation in China to only ease in the second week of June when plants return from maintenance.

OLEFINS

Asian ethylene may see some uplift this week from strong downstream styrene monomer which touched over one year highs last week as a result of supply tightness. Supply will also be constrained by Japan’s JXTG Nippon Oil & Energy shutting its steam cracker, with a 404,000 mt/year ethylene capacity, from June 8-19.

Asian propylene prices are likely to come under pressure this week as the availability of cheaper domestic cargoes continue to dampen import interest. More supply is also expected to come on stream with South Korea’s S-oil plant restart in mid-June.

POLYMERS

Asian seaborne polypropylene prices will likely remain rangebound this week as domestic Chinese prices continue to lag that of imported material, dampening import interest. The price difference was heard to be in the range of $30-$35/mt, as firm demand and better netbacks to Vietnam dissuaded overseas producers from lowering their offers to China. Meanwhile, Chinese end-users will look to cheaper domestic cargoes to meet their requirements.

Meanwhile, Asian polyethylene trend this week will continue to depend on the Dalian Commodity Exchange September futures movement. However, macroeconomic moves in the US and China leading to a weaker yuan are expected to dampen LLDPE imports to China going forward, traders said.

–Desiree Quah, desiree.quah@spglobal.com

–Edited by Norazlina Juma’at, norazlina.jumaat@spglobal.com

Related Topics

-Asia petrochemicals outlook, w/c May 28 – In a week when crude oil futures traded above the $80/b mark as well as fell precipitously from that high, the trend in the Asian petrochemical markets was similarly mercurial last week – Asia petrochemicals outlook

-Asia petrochemicals outlook, w/c May 21 – Asian aromatics were a mixed bag last week, as methanol and butadiene prices were bolstered by tight supply while paraxylene, ethylene and propylene price movements were capped by healthy supplies – Asia petrochemicals outlook Aromatics Olefins

-Russia Eyes Petrochemicals As Answer To Crude Oil Reliance – On a sprawling construction site in Western Siberia, about 20,000 workers are busy building what will be one of the world’s five biggest petrochemical plants – On a sprawling construction site in Western Siberia, about 20,000 workers are busy building what will be one of the world’s five biggest petrochemical plants, part of a play by Russia to capture more of the value from the oil it produces – Russia Petrochemicals Crude Oil Reliance

-Asia petrochemicals outlook, w/c May 14 -Asian petrochemical prices are seen likely to continue to trend higher this week amid support from bullish crude futures – Asia petrochemicals outlook

-Asia petrochemicals outlook, w/c May 7 – Petrochemical market participants will be keeping a close eye on developments upstream this week, particularly the fate of the US-Iran nuclear agreement and its impact on crude oil, which in turn will influence aromatics and MTBE markets – Asia petrochemicals outlook

-EMEA petrochemicals outlook, w/c Apr 23 – The European ethylene market looks stable as the recent length has cleared following a spate of exports to Asia – EMEA petrochemicals outlook

-Americas petrochemicals outlook: w/c Apr 16 – Spot ethylene has been on the rise, 0.50 cent/lb higher than the record lows seen April 9 after prompt-month was heard offered at 14 cents/lb MtB Nova – Americas petrochemicals outlook

-Motiva considers ethylene, aromatics projects in US – Motiva Enterprises signed $8bn-10bn worth of memoranda of understanding (MoUs) covering process technologies for possible ethylene and aromatics units in the US – Motiva ethylene aromatics projects USA

-US spot ethylene falls to 16-year low amid tariff concerns – US spot ethylene traded at a 16-year low on Friday amid long supply and concerns about proposed Chinese tariffs on chemicals – USA spot ethylene chemicals

-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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Opinion: Higher oil prices could still stifle economy, upset car makers –  Higher crude oil prices economy car makers

Opinion: Higher oil prices could still stifle economy, upset car makers

U.S. auto makers betting big that small cars are a relic of the past

 Higher crude oil prices economy car makers

By PETERMORICI

COLUMNIST

America’s recent oil boom has begotten a dangerous and false euphoria. Many economists and pundits have concluded rising oil prices are hardly damaging to the U.S. economy.

In 2006, U.S oil production had bottomed at about 6.8 million barrels a day and the country labored under a $271 billion petroleum trade deficit. That taxed gross domestic product by at least 2.55 and employment by 3.5 million jobs during the Great Recession.

The shale boom made the problem easier, and America’s energy policy makers — not nearly all of whom are in Washington — and critics of conservation seem to believe America can burn all the gas it likes and America is headed for a new prosperity as a net oil exporter.

However, the problem has gotten easier but it has not gone away. This year, the overall petroleum deficit—crude oil and refined product imports less exports—will likely be about $100 billion and reduce aggregate demand by about 0.7% and employment by 1 million.

The Trump administration recognizes the foreign policy and economic benefits of freeing America from import dependence and deserves significant credit for rationalizing petroleum production regulation. Along with rising oil prices, this is pushing up crude yields in the Permian and Bakken fields but net oil imports are still about 3.3 million barrels a day.

Hence, when the price of oil rises, oil producers and workers’ incomes do rise but everyone else loses even more though higher priced gas, heating oil and feedstock for the petrochemical industry. And the overall drag on growth, employment and wages gets worse.

The attendant burden appears perilous to rise, because the shale boom has limits, OPEC is not dead as some critics were saying a few months ago and America’s auto producers seem to have forgotten that when gasoline gets more expensive, car buyers gravitate back to smaller vehicles.

In the early years of the shale boom, optimism encouraged bankers and investors to give drillers all the water, sand and pipe they wanted in a quest for market share but then oil and gas prices collapsed — the average pump price for gasolinefell to nearly $2 a gallon in 2016.

The Saudis with help from Vladimir Putin, state entropy in Venezuela and sanctions on Iran have driven up oil and pump prices again—and Saudi Crown Prince Mohammad has set a target of about $80 per barrel. He needs that much to balance the kingdom’s budget, but the Saudis and Russians remain concerned about how much and how quickly they can push oil prices.

U.S. production is responding but not nearly to the point that critics of conservation predict, because the money folks are now demanding that oil companies actually make a profit—an inconvenience for both conservative advocates of reckless burn and liberal advocates of mass transit and bicycling.

If OPEC is dead as its American detractors allege, the crown prince has got a corpse dancing the supernatural—that has pushed gas prices to nearly $3 a gallon.

Out in Detroit, Ford’s F, +0.26%  new CEO Jim Hackett—who engineered the ouster of Mark Fields for the sin of record profits—behaves as if he can see the future—cheap oil.

Someone’s wrong—either the prince or Hackett—and having watched oil markets defy forecasters for decades, I won’t hazard a guess.

Hackett has decided Ford will phase out virtually all sedans in favor of more gas guzzling SUVs and pickups—Chrysler FCAU, -3.41%   and GM GM, +1.48%  are on track to pursue similar product strategies. They forget if the prince gets his way, gasoline could park well above $3 for an extended period—especially with President Donald Trump’s new sanctions on Iranian oil.

Then Toyota TM, +2.22%  , Hyundai 005380, +2.14%  and other foreign auto makers will have the sedan market virtually all to themselves. These days more moderate-sized SUVs and crossovers may be made on the same platforms as cars but despite what you may have read about flexible manufacturing, rolling out new sedans would take years once those are gone from Detroit’s lineup.

There must be something special about running Steelcase (the office furniture folks) and the University of Michigan athletic program that anointed Hackett with special clairvoyance. He’s betting the Ford ranch on moderate oil prices and even a casual examination of history and the facts indicates that’s darn foolish.

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-Oil steady as extra U.S. supply balances strong demand – Oil prices steadied on Monday as U.S. production hit a record-high and OPEC members considered boosting supply to balance rising global demand – Crude Oil steady USA supply demand

–Bearish forecast for oil on rising US output, Opec plans – A rise in US shale production and plans by the Organisation of Petroleum Exporting Countries (Opec) to gradually ramp up production are both expected to have a bearish impact on oil prices – Bearish forecast crude oil USA output Opec

-Oil prices won’t keep plunging because US drillers can’t meet demand, analysts say – Supply and demand in the oil market are finely balanced, and surging U.S. output might not be enough to offset supply disruptions in Venezuela and Iran – Crude Oil prices USA drillers

-Oil climbs over 2 percent, shrugs off API’s U.S. crude build – Crude Oil climbs API USA

The surge is over — why $50 oil is now more likely than $100

-IMF urges Saudi Arabia to resist temptation to spend, as oil prices rise – Saudi Arabia has been advised by the International Monetary Fund (IMF) not to increase spending, as oil prices reach $80 a barrel and are predicted to go higher – IMF Saudi Arabia crude oil prices

-Low oil price era is ‘dead’ as crisis-stricken Venezuela risks a supply shock, analyst says – The “lower for longer” oil price mantra is doomed, one oil analyst told CNBC Tuesday, amid heightened energy market fears of an imminent supply shock – Crude oil price crisis Venezuela supply shock

-Forget About Oil at $80. The Big Rally Is in Forward Prices – Crude Oil $80 Prices

-Oil prices to peak in mid-2019: BofAML – Brent crude oil prices are expected to trend gradually higher, hitting an average of $80 per barrel (/bbl) by mid-2019 before gradually trending lower to an average of $71/bbl by end-2019 – Crude Oil prices peak 2019 BofAML

-What is the perfect price for oil? – When it’s too high, consumers start freaking out and using less. When it’s too low, oil companies cut back operations and lay off thousands of workers – Perfect price crude oil

-The Regulations That Could Push Oil Up To $90 – International regulations on the fuels used in shipping could tighten the oil market and push prices up to $90 per barrel in the next two years – Regulations Push Crude Oil $90

-Morgan Stanley Sees Oil Climbing To $90 By 2020 – Forget Iran and OPEC. There’s another issue that will keep oil prices supported for the next two years, according to Morgan Stanley’s oil outlook – Morgan Stanley Crude Oil $90 2020

-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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Stora Enso opens Europe’s largest wood fibre-based biocomposite plant – Stora Enso has today opened Europe’s largest wood fibre-based biocomposite plant – Stora Enso Europe wood fibre based biocomposite plant

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Stora Enso opens Europe’s largest wood fibre-based biocomposite plant

STORA ENSO OYJ PRESS RELEASE

Stora Enso Europe wood fibre based biocomposite plant  Stora Enso has today opened Europe’s largest wood fibre-based biocomposite plant. The opening ceremony took place at the company’s Hylte Mill outside of Halmstad in south-west Sweden, and was attended by more than 150 guests.

Stora Enso’s investment of EUR 12 million in a biocomposite plant is part of the company’s ongoing process of becoming a renewable materials company. It shows that Stora Enso is a leader in the bioeconomy, with the ability to provide innovative, more sustainable alternatives to plastic. The company’s biocomposites, DuraSense™ by Stora Enso, make it possible to reduce the consumption of plastic by up to 60% and replace it with renewable wood fibre.

Uses for biocomposites include everything from consumer goods to industrial applications, such as furniture, hand tools, automotive parts, toys and kitchen utensils. The combination of natural wood fibre, polymers and additives offer the mouldability of plastic with the sustainability and workability of wood.

“Biocomposites are another step towards replacing fossil-based materials. There is great potential for these renewable materials, so we are delighted to be opening Europe’s largest wood fibre-based biocomposite plant today,” says Karl-Henrik Sundström, CEO of Stora Enso.

Link to further information on Stora Enso biocomposites: DuraSense™ by Stora Enso.

About Stora Enso’s biocomposite plant at Hylte Mill

  • Investment: EUR 12 million
  • Production volume: 15 000 tonnes/year, making it the largest wood fibre-based biocomposite plant in Europe
  • Number of employees: 20 – recruitment is under way to further strengthen the sales team


For further information, please contact:
Ingrid Peura, SVP Communications, Biomaterials and Biocomposites, tel. +358 50 307 0026

Part of the bioeconomy, Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wooden constructions and paper globally. We believe that everything that is made from fossil-based materials today can be made from a tree tomorrow. Stora Enso has some 26 000 employees in over 30 countries. Our sales in 2017 were EUR 10 billion. Stora Enso shares are listed on Nasdaq Helsinki (STEAV, STERV) and Nasdaq Stockholm (STE A, STE R). In addition, the shares are traded in the USA as ADRs (SEOAY). storaenso.com 

STORA ENSO OYJ

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-Stora Enso accelerates Growth in Renewable Materials by Co-Operating with the Start-Up Sulapac – Stora Enso and Sulapac have signed a joint development agreement to combat the global problem of plastic waste by accelerating the use of fully renewable, recyclable and biodegradable materials in packaging – Stora Enso Renewable Materials Sulapac

-Stora Enso launches Biocomposites as a Renewable Replacement for Plastics – DuraSense is available to companies seeking high performance and a sustainable, bio-based alternative to plastics – Stora Enso Biocomposites Renewable Plastics

-Stora Enso becomes Partner of World Green Building Council’s Europe Regional Network – Stora Enso World Green Building

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Designer launches eco-friendly swimwear line – A Bermudian-based swimwear brand is doing its part in protecting the environment by introducing a new eco-friendly line – Designer ecofriendly swimwear line

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Designer launches eco-friendly swimwear line

Rockel Mundy

  • Designer ecofriendly swimwear line
  • Designer ecofriendly swimwear line
  • Designer ecofriendly swimwear line
  • Designer ecofriendly swimwear line
  • Designer ecofriendly swimwear line
  • Designer ecofriendly swimwear line

A Bermudian-based swimwear brand is doing its part in protecting the environment by introducing a new eco-friendly line.

Three years ago, designer Madeline Rose White started NOVAH Swimwear with the aim of creating high-quality, beautiful swimwear designed to mould to the body, accentuating femininity.

The new eco-friendly range is made from 100 per cent regenerated nylon, meaning it is not only recycled but the process it goes through purifies the nylon right back to its original quality. Furthermore, the process can be repeated again and again so it never needs to go to waste.

“It is made from plastics rescued from the world’s oceans and landfill, including discarded fishing nets and marine litter. The plastic is sorted and cleaned to recover as much nylon as possible, extracting any undesirable fibres and restoring the waste nylon back to its original purity. The recycled nylon is processed into textile yarns using as little energy and water possible, and can then be made into our swimwear material. Using regenerated nylon reduces the global warming impact by up to 80 per cent compared with nylon made from oil — cutting crude oil use and CO2 emissions,” Ms White said.

The company has just celebrated its three-year anniversary. The eco-friendly line has gained positive feedback from locals and overseas customers.

“The reception to the business and feedback on the product has been amazing, especially from Bermudians. My favourite thing to see is someone local wearing my swimwear,” Ms White said.

The reason for the decision to go eco-friendly was based on the wellbeing of the environment and plants.

“We are all becoming more aware of the damage being done, especially to the world’s oceans. My love for the ocean is what drove me to start NOVAH. Everyone needs to do their part — individuals, businesses and governments included — and it is so rewarding once you start,” Ms White said.

“We began by making changes to our packaging, removing all plastic and changing to recycled and sustainable paper gift boxes and cardboard mailing boxes, locally sourced from around our office location. We also diligently recycle. The big move was to create sustainable swimwear. Fashion is a notoriously unsustainable industry, and eco-friendly fabric options are limited.

“With a little research and planning, we managed to source an extremely high-quality fabric made from 100 per cent regenerated and recycled Lycra, allowing us to maintain the quality of our product alongside its sustainability.”

The eco collection was launched in April, and Ms White said they have already booked in production to expand the collection with their next drop in October for Resort 2019, using solely new recycled Lycra.

Ms White aims to live an eco -friendly lifestyle herself. “I avoid single-use plastic as much as possible, and recycle all of our household and business waste that is able to be recycled. I also avoid purchasing foods and products that use palm oil, or have not been sustainably sourced or fished, and try to buy recycled products whenever they are available,” she said.

NOVAH’s products are mainly sold online, however, several stores stock and sell the brand in the US and Switzerland. In Bermuda, the range is also available at both Luxury Gifts locations in the Hamilton Princess Hotel and Rosewood Tucker’s Point.

• For more information visit: http://www.novahswimwear.com

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-Aquafil, turnover growing – The sales of Aquafil in the first quarter of this year increased by 1.5% to 147.4 million euro – Aquafil turnover polymers carpet yarns

-Aquafil: closing of the agreement with Invista in China – Aquafil S.p.A. [ECNL] announces that it has successfully completed today the binding agreement reached on February 5, 2018 for the purchase of part of INVISTA’s tangible and intangible assets related to nylon 6 in the Asia Pacific area – Aquafil agreement Invista China   

-Bio-capro, infinite recycling can secure nylon’s future in the circular economy – Aquafil CEO – Moving towards a circular economy for nylon is a matter of when, not if, according to the CEO at one of Europe’s largest manufacturers of nylon textile filaments, Italy’s Aquafil – Biocaprolactam recycling nylon future circular economy Aquafil

-A Bio-Based Caprolactam Joint-Development Project is now underway – Last month, Genomatica and Aquafil announced a partnership to commercialize a Genomatica process for making caprolactam derived from renewable feedstocks, rather than from petroleum – BioBased Caprolactam Project

– Bio-capro, infinite recycling can secure nylon’s future in the circular economy – Aquafil CEO – Biocapro infinite recycling nylon future circular economy Aquafil

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Uflex modifies Rasna Fruit Powder with revolutionary packaging – One of India’s largest manufacturers and exporters of beverages, Rasna International collaborates with long-term partner, Uflex to create alluring packaging for its fruit powder concentrate – Uflex Rasna Fruit Powder packaging

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Uflex modifies Rasna Fruit Powder with revolutionary packaging

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