Prices of Six Volume Resins Flat-to-Down – Prices Six Volume Resins

Prices Six Volume Resins

Prices of Six Volume Resins Flat-to-Down

Upward pricing for PP, PET, nylon 66 is in contrast with the other six volume resins.

By mid-June, prices of six volume resins—PE, PS, PVC, ABS, PC, and nylon 6, appeared to be on a flat-to-down trajectory, owing to lower prices of some key feedstocks coupled with improved supply-demand balance circumstances. In contrast, tight supplies of other feedstocks and their intermediaries along with higher prices have resulted in an upwards pricing trajectory for PP, PET, and nylon 66. This according to purchasing consultants Resin Technology Inc. (RTi), PetroChemWire (PCW), and Michael Greenberg, CEO of the Plastics Exchange. Here’s a glimpse at each.

● PE: Prices last month were a mixed bag for the first time in quite a few years. Two suppliers reportedly offered a decrease of 3¢/lb for LLDPE, with prices of all other resins flat. Making things more complicated, Dow announced a 4¢/lb increase for June, while other suppliers postponed their 3¢/lb price hikes (which originated for March implementation) into this month. Mike Burns, RTi’s v.p. of client services for PE, for one, ventured June prices would be flat, with a good chance that trend could continue into this month and beyond. A false demand surge as a result of hurricane season inventory buildup by buyers could promote higher prices.

Secondary markets also saw this flat trend with PCW’s senior editor Dave Barry reporting spot PE prices as mostly unchanged amid sluggish trading activity by the end of June’s first week. The Plastics Exchange’s Greenberg reported that while the market has been awash in butene LLDPE and injection HDPE, film and injection grades of LDPE were more difficult to source, at least at prices agreeable to processors.

● PP: Prices moved up in May in step with propylene contracts by 5¢/lb and by another 2¢/lb in suppliers’ margin expansion. With spot monomer prices surging by as much as 6-7¢/lb,  industry sources expected another PP price hike for June. “We see June prices going up 5¢/lb or more, in step with propylene contracts,” says RTi’s v.p. of PP markets Scott Newell.

Newell ventured that July PP prices could be flat, and hopefully down, if June proves to be the peak for the propylene tightness. “I think there could be a lot of demand destruction for PP if these prices are sustained…expect to see imports increasing.” He says demand for PP starting in April was generally good, after lagging for 6-7 months. PCW’s Barry reported spot PP prices as flat-to-higher as supply remained tight due to strong domestic demand as well as two unplanned and one planned outages. Similarly, Greenberg characterized the spot market as challenged by scarce supplies and rising prices. “We have been vocally bullish on PP for some time as supply/demand dynamics have been too tight to withstand disruptions—we still remain bullish for now.”

● PS: Prices dropped 4¢/lb in May, and RTi’s v.p. of client services for engineering resins, PS and PVC Mark Kallman ventured flat-to-slightly upward movement in the June-July time frame. At the same time, he suggested more upwards pressure in August, due to stronger demand for PS during the traditionally strong season, including some pre-buying due to the hurricane season, and some tightness developing from the benzene/styrene monomer chain. Going into June, PCW’s Barry reported spot GPPS and HIPS prices were down 4-5¢/lb after peaking in early April. Feedstock costs were steady, with the implied styrene cost formula (based on 70% spot benzene/30% spot ethylene) flat at 32.6¢/lb.

● PVC: Prices were flat in May driven by very low ethylene costs with another 2-3¢ likely to come off which would reduce the cost of making PVC to 1-1.5¢/lb, according to RTi’s Kallman. However, spot ethylene prices that had bottomed out to 12¢/lb were up 3.25¢/lb by end of May. PCW’s senior editor Donna Todd reported that late-settling April ethylene contracts settled down 1.5¢/lb at 26.75¢/lb and May contracts settled down 0.75¢/lb to 26¢/lb. Both Todd and Kallman noted that suppliers’ stance was that the low ethylene prices cannot be sustained, and that domestic demand picked up nicely in April-May as did exports with this trend continuing into June and third quarter

● PET: PCW’s senior editor Xavier Cronin reported domestic bottle-grade PET prices rose in May by 3-5¢/lb to the mid-70 ¢/lb range delivered Midwest, driven by rising crude oil and PET feedstock prices. Average U.S. PET feedstock costs in May were up by 2.4¢/lb to 61.28¢/lb, from April, according to one calculation used by large-volume PET suppliers and buyers to invoice May deliveries. PCW ventures prices of PET (prime, offgrade and rPET) are likely to increase by another 1-3¢/lb in the June-July timeframe driven by the packaging sectors due to ‘skyrocketing’ consumption of carbonated soft drinks and bottles water. This projected price increase also assumes that crude oil prices will rise or stay at current elevated levels.

● ABS: Prices remained fairly stable through second quarter, following the 5¢/lb increases in January. Suppliers’ efforts to push through price hikes of 6-7¢/lb failed as feedstock prices retreated and competition from ABS imports were lower, according to RTi’s Kallman. Characterizing the market as currently more balanced, he ventured continued flat pricing at least through June, depending on demand, with some upward pressure potential in late third quarter.

● PC: Prices were generally flat through second quarter following the implementation of January increases of up to 14¢/lb, with independent compounders and secondary suppliers, implementing similar increases in the February-March time frame, according to RTi’s Kallman. There were some new price increase attempts announced for May, related to distribution channels and smaller compounders, but implementation was at best mixed, with Kallman characterizing overall PC pricing as steady. He ventured PC prices would largely remain flat through third quarter.

● NYLON 6 FLAT; NYLON 66 UP: Nylon 6 prices remained flat from March through May, as benzene prices bottomed out at $1.90/gal, and moved up to only $1.96/gal in May, according to RTi’s Kallman. Potential for some upward pressure is possible this month, as benzene oversupply will be over and prices could firm up. Too, nylon 6 plants are operating at high rates as there is increasing industry talk for replacement of nylon 66 due to the latter’s higher prices.

Meanwhile, nylon 66 prices were largely flat through May, after moving up 15-20¢/lb in first quarter, driven by a global market that became very tight. according to Kallman. “We had seven force majeure actions on intermediates—mostly in Europe, though first quarter and into the second. Recovery will be long—supply is tight domestically and much tighter in Europe and Asia. He anticipates upward pricing pressure as we move through third quarter due to the tightness and possible higher butadiene and propylene prices.

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Bio-on inaugurates in Italy the first special bioplastics production plant. 100% natural and biodegradable – Bioon Italy special bioplastics 100% natural biodegradable

Bioon Italy special bioplastics 100% natural biodegradable

Bio-on inaugurates in Italy the first special bioplastics production plant. 100% natural and biodegradable

Bioon Italy special bioplastics 100% natural biodegradable  Source: BIO-ON S.P.A.

  • 20 million Euro investment behind new production hub, the first owned by Bio-on. Highly sustainable project converted from a former factory: occupies no new land and is powered by electric energy generated by an advanced trigeneration plant.
  • New factory will produce various types of special biopolymers, particularly Minerv Bio Cosmetics, the natural and biodegradable bioplastic designed to replace harmful microbeads in today’s cosmetics.
  • New plant, located in Castel San Pietro Terme near Bologna, is also the headquarters of CNS division laboratories (Cosmetic, Nanomedicine & Smart Materials) employing over 20 researchers.
  • New Bio-on plant, currently employing 45 people, expects to double its workforce by the end of the year.

Bologna (Italy), 20 June 2018 – Bio-on, operating in the high quality bioplastic sector and listed on the AIM segment of Borsa Italiana, today inaugurated its first owned plant designed to produce 100% natural and biodegradable special PHAs bioplastics for high added value niche markets such as the microbeads used in the cosmetics sector.

“We are extremely proud,” explains Bio-on Chairman and CEO Marco Astorri, “because this factory demonstrates all-Italian excellence and is the beginning of a new era in the global green chemical industry. From today, thanks to our bioplastic, many companies will have the chance to protect the environment and give ecological credentials to their products, in compliance with ever more stringent limits on the use of conventional plastics.”

The new production hub is located in Castel San Pietro Terme just outside Bologna in an area of 30,000 m2; it has 3,700 m2 covered space and 6,000 m2 land for development. Current production capacity is 1000 tons per year, which can be quickly doubled. The plant, managed by Bio-on Plants, the division responsible for production, future expansion and new plants, is equipped with the very latest technologies and the most advanced research laboratories. Here, over 20 researchers in the CNS division (Cosmetic, Nanomedicine & Smart Materials) can test new carbon sources from agricultural waste to produce new types of biodegradable bioplastic and increase the range of technologies offered by Bio-on. Bio-on also demonstrates its focus on sustainability in its choice of site, opting to convert a former factory without occupying any new land. The overall investment in the production hub and new research laboratories is 20 million Euro.

“We are very pleased because since March 2017, when the first stone was laid, we have kept to our schedule and kept the promises we made to the market,” says Marco Astorri. “Our technicians and partners have been incredibly reliable throughout the process.”

“Like all complex industrial plants, the new production hub is running a series of tests before becoming fully operational in the autumn. The entire production cycle is run from an innovative control room at the heart of the plant,” explains Riccardo Casoni, Bio-on Plants director, “and this is where the entire industrial process will be tested before production begins 24/7.”

The first product to come out of the Castel San Pietro Terme plant will be Minerv Bio Cosmetics, the bioplastic microbeads for cosmetics designed to replace the oil-based plastic particles currently used, which are harmful and non-biodegradable. These microbeads, which are used as thickeners or stabilisers in such widely used products as lipstick, lip gloss, mascara, eye-liner, nail polish, creams, shampoo, foam bath and even toothpaste, pollute the environment because once they are rinsed off after use, they become a permanent part of the natural cycle: plankton in the rivers and seas swallow these plastic particles and thus introduce them into the food chain. The level of pollution is so serious that the USA was the first country to bring in a law (Microbead-Free Waters Act of 2015banning the use of oil-based polymers in body care products. Some countries, such as Canada, UK, Sweden and France, recently followed suit while others, such as Ireland, Netherlands, Italy, have announced they will do so*. Using Minerv Bio Cosmetics bioplastic in cosmetics products eliminates these pollutants because the micro particles of bioplastic are naturally biodegradable in water and, therefore, do not enter the food chain. What is more, the biopolymer developed at the Bio-on laboratories actually decomposes into a nutrient for some micro-organisms and plants present in nature. The benefit for the environment is therefore two-fold.

The new production hub is also the headquarters of Business Units RAF (Recovery And Fermentation), which develops and optimises bioplastic fermentation and extraction processes to obtain the best possible product yield; and CNS (Cosmetic, Nanomedicine & Smart Materials), which uses cutting-edge scientific equipment to test new types of bioplastic and develop new applications. The areas of operation are Cosmetics, Nanomedicine, Biomedical, Nutraceuticals, Bioremediation, Organic Electronics and Advanced Materials. CNS laboratories are the base for over 20 researchers from various parts of the world and many different scientific disciplines, such as chemistry, physics, biology, pharmacy, materials engineering, biotechnologies, electronics, and mathematics with an average age of 30.

All the Minerv PHAs bioplastics (polyhydroxyalkanoates) developed by Bio-on are made from renewable plant sources with no competition with food supply chains. They guarantee the same thermo-mechanical properties as conventional plastics with the advantage of being 100% eco-sustainable and naturally biodegradable.

Press information: Simona Vecchies +393351245190 – press@bio-on.it – Twitter @BioOnBioplastic

* The ban on using products containing microbeads has been implemented differently and on different dates by the countries listed. Source: Bio-on, Wikipedia and BeatTheMicrobeads.org.

Bio-on S.p.A.

Bio-on S.p.A., an Italian Intellectual Property Company (IPC), operates in the bioplastic sector conducting applied research and development of modern bio-fermentation technologies in the field of eco-sustainable and completely naturally biodegradable materials. In particular, Bio-on develops industrial applications through the creation of product characterisations, components and plastic items. Since February 2015, Bio-on S.p.A. has also been operating in the development of natural and sustainable chemicals for the future. Bio-on has developed an exclusive process for the production of a family of polymers called PHAs (polyhydroxyalkanoates) from agricultural waste (including molasses and sugar cane and sugar beet syrups). The bioplastic produced in this way is able to replace the main families of conventional plastics in terms of performance, thermo-mechanical properties and versatility. Bio-on PHAs is a bioplastic that can be classified as 100% natural and completely biodegradable: this has been certified by Vincotte and by USDA (United States Department of Agriculture). The Issuer’s strategy envisages the marketing of licenses for PHAs production and related ancillary services, the development of R&D (also through new collaborations with universities, research centres and industrial partners), as well as the realisation of industrial plants designed by Bio-on.

Issuer 
Bio-On S.p.A.
Via Dante 7/b
40016 San Giorgio di Piano (BO)
Tel. +39 051893001 – info@bio-on.it
Nomad
EnVent Capital Markets Ltd
25 Savile Row W1S 2ER London
Tel. +447557879200
Italian Branch
Via Barberini, 95 00187 Roma
Tel. +39 06 896.841 – pverna@envent.it
Specialist
Banca Finnat Euramerica S.p.A.
Piazza del Gesù, 49
00186 Rome
Lorenzo Scimia
Tel. +39 06 69933446 – l.scimia@finnat.it

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Iran Rejects Russian, Saudi Plan To Raise Oil Output, Rein In Prices – Iran Russia Saudi crude oil Oil Output

Iran Rejects Russian, Saudi Plan To Raise Oil Output, Rein In Prices


Iranian Oil Minister Bijan Namadar Zanganeh

Iran has rejected a plan by Russia and Saudi Arabia to increase oil production at a meeting of the OPEC oil cartel this week in response to consumer disgruntlement with rising prices.

“I don’t believe at this meeting we can reach agreement,” Iran’s oil minister Bijan Zanganeh told reporters after arriving in Vienna, where OPEC is headquartered, on June 19.

Moscow and Riyadh have proposed reversing most of a 1.8 million barrels a day cut in production that OPEC and other major producers agreed to in 2016 amid recent calls by the United States, China and other major oil-consuming countries for relief from rising pump prices.

But Iran has signalled its opposition along with Iraq, Algeria, and Venezuela, three other influential OPEC members. Zinganeh cited recent demands for a production increase from U.S. President Donald Trump as a reason to oppose it.

Trump has “created difficulty for the oil market” by imposing sanctions on Venezuela and Iran, Zinganeh asserted, leading to lower production and higher prices.

“And now he expects OPEC to change something for better prices,” he said. “That is not fair. OPEC is an independent organization, not an organization to receive instruction from President Trump… OPEC is not part of the Department of Energy of the United States,” he said.

Premium crude prices have surged nearly 75 percent to almost $80 a barrel since the Organization of Petroleum Exporting Countries and allies such as Russia, Kazakhstan, and Mexico agreed to a production cut in late 2016.

OPEC is due to meet on June 22 to review the agreement, and plans to meet the next day with Russia and other non-OPEC producers that joined the agreement in 2016.

Stressing his opposition to reversing the production cuts, Zanganeh said he plans to leave Vienna before the planned talks with Russia.

Iran’s opposition to raising oil output puts it on a collision course with Russia, which has called for raising production by 1.5 million barrels a day, in a near-total rollback of the 2016 production cuts.

Russian Energy Minister Aleksandr Novak said the need for increased output is urgent during the summer, when demand for gasoline and oil hits a high point for the year.

“Oil demand usually grows at the steepest pace in the third quarter… We could face a deficit if we don’t take measures,”Novak said on June 19. “In our view, this could lead to market overheating” — meaning sharply higher prices.

Novak said that if OPEC and its allies decide this week to raise output, they could review their decision and fine-tune it at another planned meeting in September.

Iraq, Iran, Libya, Venezuela, and other opponents face constraints on raising production and thus would benefit little from a production increase, especially one which would result in lower prices for their oil exports, analysts say.

Russia, Saudi Arabia, and some other Persian Gulf producers, on the other hand, have the capacity to raise output and would benefit the most from an easing of the production freeze, they say.

Saudi Arabia, a close ally of the United States, is particularly under pressure from Trump to offset any production decline caused by the reimposition of U.S. sanctions on Iran in November.

Riyadh supported Trump’s decision to withdraw from Iran’s nuclear agreement with world powers and reimpose the sanctions.

Beyond that, Russia has warned that continuing to limit supply could encourage increased production from shale oil producers in the United States, who are not part of the OPEC agreement and pose outside competition.

On June 19, the head of Russia’s second-largest oil firm Lukoil, Vagit Alekperov, said the 2016 production cuts should be reduced by half and that Lukoil could restore its oil output levels within two to three months.

Without any agreement from Iran and other OPEC members this week, analysts say both Saudi Arabia and Russia may decide to increase production on their own.

With reporting by Reuters, AFP, and Bloomberg
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Getting Ready for Germany’s new Packaging Law – Germany Packaging Law

Getting Ready for Germany’s new Packaging Law

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Millions invested in American polypropylene technology – American polypropylene technology

Millions invested in American polypropylene technology

Plastic Resin pellets in holding hands.

The Closed Loop Fund as announced it will invest US$ 3 million in Ohio-based firm PureCycle Technologies to help it scale up a promising polypropylene recycling technology.

PureCycle Technologies produces recycled polypropylene (PP) ‘with virgin-like properties’. Its innovative process is said to have the power to notably increase the recovery of contaminated and colored PP streams into higher-value applications. The US$ 3 million dollar investment by the Closed Loop Fund will allow PureCycle to establish its first facility in Ironton.

Once it is operational, the new recycling facility is expected to handle both post-consumer mixed rigid plastics and post-industrial scrap materials from material recovery facilities. At scale, PureCycle will have the capacity to treat more than 105+ million pounds of recycled PP every single year.

American polypropylene technology

‘An unmet need’

‘This is a case where a hundred-billion-dollar industry required new technology to meet a compelling, unmet need,’ says Mike Otworth, ceo of PureCycle Technologies. ‘We’re thrilled to have Closed Loop as an investor and a supporter of PureCycle Technologies. Until now, recycled PP had limited applications. We’re single-handedly removing those limitations and giving companies the choice to use more sustainable, recycled resins,’ he adds.

Significant opportunity


American polypropylene technologyThe Closed Loop Fund was launched to ensure cities in the US have the capital required to build comprehensive recycling programmes. Gonen points out that the fund intends to invest US$ 100 million by 2020 in a bid to boost recycling rates in communities across America and thus making the circular economy a reality.
‘Our goal is to build circular supply chains,’ comments Ron Gonen, ceo of the Closed Loop Fund, which was founded in 2014. ‘Our CPG partners want post-consumer recycled PP, but we need technologies like PureCycle to ensure enough material is available at the specifications brands need. We anticipate significant market opportunity for PureCycle,’ he goes on to state.

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Clariant opens new additives production facilities in China – Clariant additives production facilities China

Clariant opens new additives production facilities in China

The opening completes a multi-million dollar investment originally announced by Clariant last year.

 by Canadian Plastics

Specialty chemical maker Clariant has opened two new, fully-owned additives facilities at its site in Zhenjiang, China.

 Clariant additives production facilities China

The opening ceremony was attended by Clariant’s executive committee member Christian Kohlpaintner, key customers and local government officials, as well as Clariant’s Greater China regional president and other members of the company’s business unit additives.

In a statement, Switzerland-based Clariant said that the opening completes a multi-million dollar investment originally announced last year and puts Clariant’s additives business in China “on track to further expand its offering of customized, high-end solutions for the plastics, coatings and ink industries.”

“This completed investment in the Zhenjiang Economic and Technological Development Zone marks another milestone in our commitment to expand capability and capacity in China, one of the most important strategic markets for Clariant,” Christian Kohlpaintner, a member of Clariant’s executive committee, said in the statement, “We are pursuing a dedicated strategy aimed at increasing and sharpening the focus on China.”

The newly opened facilities will produce Ceridust micronized waxes and AddWorks synergistic additive solutions, both of which are used in various applications across the plastics, coatings and ink industries. “Such tailored solutions are a key component in continuing to expand Clariant’s China sales, as they fulfill the demand for environmentally compatible and safe products as outlined in China’s 13th Five Year Plan and the industrial policy ‘Made in China 2025’, while allowing Clariant to differentiate itself in the market environment,” Clariant said.

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Goldman: Expect Another Bull Run In Oil – Goldman Bull Run Crude Oil OPEC

Goldman: Expect Another Bull Run In Oil

Goldman Bull Run Crude Oil OPEC

Shutterstock photo

The expected increase in oil production will not leave the market in a situation of oversupply, and in fact, barring no further action, the world could still be short of oil over the next year.

There is no shortage of pitfalls for the bull run, with Trump’s expanding trade war, weaker demand and a potential currency crisis in emerging markets, and the drilling frenzy so far proceeding at an unabated pace in West Texas.

Even with those considerations, however, “the oil market remains in deficit with resilient demand growth and rising disruptions requiring higher core OPEC and Russia production to avoid a stock-out by year-end,” Goldman Sachs wrote in a note on Monday.

The conclusion is notable because the investment bank assumes a rather aggressive increase in supply from OPEC+, on the order of 1 million barrels per day (mb/d) in the second half of 2018. Goldman says that the disruptions elsewhere, including in Venezuela, Iran and Libya, might mean that the decision to increase by 1 mb/d only actually results in a net addition of around 450,000 bpd.

Moreover, the recent downturn in prices does lessen the chance of a price spike, but the Goldman says the oil market is “still in deficit, with the recent builds reflecting a transient slowdown in Chinese imports.”

Therefore, the expected increase in OPEC+ production is needed, and won’t spark a market meltdown. The bottom is falling out in Venezuela and a long list of companies are packing up and getting out of Iran. Ultimately, Iran might see a sizable chunk of its oil exports disrupted because of U.S. sanctions. Libya and Nigeria are also in the midst of another wave of supply disruptions.

Most forecasts bake in a massive increase in U.S. shale production, an almost assumed outcome based on the last few years of rapid growth. However, even though shale does continue to grow briskly, the pipeline bottlenecks in the Permian could force a slowdown. In a separate report, Goldman Sachs said that pipeline relief is more than a year away, and in the interim, trucks and trains won’t be able to resolve the midstream bottleneck. That could force much steeper discounts than the already very hefty discount that Midland crude is currently fetching.

The implications of a potential shale disappointment for the global market are profound. “A tight global oil market requires more shale production, yet the Permian will soon be unable to provide it,” Goldman wrote in its latest report. “As a result, we believe the oil market has moved up the shale cost curve to incentivize more drilling in other shale basins.”

On the demand side of the equation, Goldman is betting on a rather strong 1.75-mb/d increase, or several hundred thousand barrels per day higher than other leading forecasters, such as the IEA.

There are risks to this prediction. The implementation of $50 billion in U.S. tariffs on Chinese goods was met with quick retaliation from China. Most recently, President Trump directed his underlings to prepare an additional $200 billion in tariffs on China in what could be a dramatic escalation in the unfolding trade war.

Goldman Sachs is not too concerned about this cutting into oil demand growth, arguing that the fallout will likely be “minimal, with only a potential negative price impact on U.S. crude if it needs to and another destination other than China.”

Overall, the investment bank remains highly bullish on crude oil, and while there are plenty of sources of uncertainty, the outlook is based on two overarching arguments: the oil market is fundamentally in a supply deficit right now, and the forthcoming increase in OPEC+ production will be modest. Goldman said it would require a pretty severe economic slowdown to derail this general trajectory.

As such, the oil market will need more OPEC production in 2019 “to avoid historically tight stocks, as logistical constraints limit shale’s production growth.” That will help ease the immediate shortage, but “this supply response will further reduce the market’s available spare capacity, bringing back to the fore the upside risks to oil prices that prevailed a month ago.”

The upshot is that oil prices will remain “rangebound as OPEC initially increases production,” but oil prices could rise as the year wears on.

By Nick Cunningham of Oilprice.com

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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And The Worldstar Sustainability Award In Gold Goes To: Starlinger For Its rPET PP*STAR! – Worldstar Sustainability Starlinger rPET PP*STAR!

And The Worldstar Sustainability Award In Gold Goes To: Starlinger For Its rPET PP*STAR!

Worldstar Sustainability Starlinger rPET PP*STAR!VIENNA, Austria — Starlinger – an Austrian engineering company and world market leader – is proud to announce that its pinch bottom bag made from 100 % used PET bottle flakes has won the WorldStar Sustainability Award 2018 in Gold!

In addition to winning a WorldStar Award in the category “Packaging Materials and Components” with the bag concept rPET PP*STAR, Starlinger had been shortlisted for the Sustainability Award of the World Packaging Organisation (WPO) since January 2018. The winners of this special category were only announced at the official award ceremony that took place in Gold Coast, Australia on May 2, 2018. Starlinger Managing Partner Angelika Huemer, who personally attended the ceremony, had the pleasure of accepting the award in Gold from Antro Saila, WPO Vice President Sustainability and Save Food.

“Winning the Sustainability Award in Gold is a great honor and encourages us to continue to develop packaging concepts that are not just functional, but sustainable as well,” says Angelika Huemer. “The transition towards a circular economy is currently a hot topic in the plastics industry, and we are proud to be one of the forerunners in this important process.”

The rPET PP*STAR – a pinch bottom bag for products such as dry pet food, fertilizer, sugar, flour, or rice – consists of plastic fabric that is produced directly from used PET bottle flakes. This type of packaging can in turn be recycled after use, thereby achieving a closed loop production. On top of its excellent recyclability, the rPET PP*STAR features a low deadweight, which saves material in production and carbon dioxide during bag transportation. The bag itself weighs only 117 g, but holds 50 kg of fertilizer! And despite its low weight, the rPET PP*STAR is extremely resistant to breakage.

Given the numerous advantages of PET, it is hardly surprising that other packaging types are also produced from bottle flakes on Starlinger machinery – for example the rPET FIBC (a flexible intermediate bulk container or big bag) and sheet (viscoSHEET) for food trays.

PP*STAR® is a registered trademark. PP*STAR® bags are manufactured exclusively on Starlinger machinery.

Source:  Starlinger & Co. Gesellschaft m.b.H.

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