Zhejiang Wankai New Materials reduced PET loading

Zhejiang Wankai New Materials has reduced PET loading on two lines to 70%   Zhejiang Wankai New Materials reduced PET loading 

Zhejiang Wankai New Materials reduced PET loading MOSCOW – Zhejiang Wankai New Materials, a major producer of polyethylene terephthalate (PET) in China, has reduced the loading in the plant for the production of polyethylene terephthalate (PET) in Heining (Haining, Zhejiang, China) to 70%, ICIS reported citing source in the company.

The company cut production of PET on two lines with a capacity of 400 thousand tons per year and 550 thousand tons per year on June 28. According to the source, the reason for the reduction of the load was the intention of the company to regulate the supply of its material to the market.

Earlier it was reported that last March Zhejiang Wankai New Materials commissioned a line with a capacity of 550 thousand tons of PET per year.

At the same site, Zhejiang Wankai New Materials operates another PET production line with a capacity of 250,000 tons per year.

According to the Price Review of ICIS-MRC , several players of the Russian market expressed the opinion that June was the period of maximum demand and the highest level of prices in the PET-granulate market. The spot prices of Alco-Nafta (Ecopet) last week were still at their maximum levels.Zhejiang Wankai New Materials reduced PET loading

Zhejiang Wankai New Materials Co., Ltd, being a subsidiary of the Chinese Zhejiang Zhink Group, was founded in March 2008. It is one of the leaders in the production of bottles of polyethylene terephthalate in China.

Source : mrcplast.ru Author: Anna Larionova

Tags:     PET granulate , PET bottles , PET preforms , Zhejiang Wankai New Materials , China , Russia .

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Potential Nylon 66 Supply Shortage escalating prices

Potential Nylon 66 Supply Shortage? Potential Nylon 66 Supply Shortage escalating prices

Ascend Performance responds to this issue.

In mid-June, we received information from resin distributor PolySource, Independence, Mo., regarding potential nylon 66 shortages and escalating prices. Some historical background on the nylon 66 supply chain was included, with an emphasis on adiponitrile (ADN), which is used in the production of primary nylon 66 component hexamethylene diamine.Potential Nylon 66 Supply Shortage escalating prices

PolySource addressed nylon 66 resin alternatives—including nylon 6, aliphatic polyketone (POK), PPA and PBT, as well as an overall outlook regarding ADN capacity expansions that may not meet market demand until 2021, at earliest.

I posted a blog on the topic and we asked industry sources across the supply chain to respond (we also reported on this in PT’s July issue). Houston-based Ascend Performance Materials —the largest fully-integrated supplier of nylon 66 in the world—offered a response to PolySource, providing a different perspective on ADN and nylon 66. Ascend Senior Business Director Dharm Vahalia provided a response for his company, taking issue with some of the points made by PolySource. Dharm Vahalia:

Last year, an analysis of ADN supply caused a bit of ruckus. The central argument was this: ADN—a precursor to hexamethylene diamine, one of the two components in nylon 66—is manufactured in four world-scale plants, and any disruptions in those plants will affect the supply of nylon 66. Nylon 66 is becoming increasingly important to several industries, especially automotive. Nylon 66’s unique properties and value proposition have made it a critical material in vehicle lightweighting and electrification.Potential Nylon 66 Supply Shortage escalating prices

Meeting the projected 3-4%/yr growth has been the focus of Ascend Performance Materials for a number of years with capacity expansions announced through 2021. Other producers have announced expansions as well. While we recognize the concern surrounding nylon 66 supply, the hysteria exhibited in a recent article in Plastics Technology is unfounded. It mistakes one analyst’s hypothetical concern for a current reality. In fact, many of the claims made in that article are not based on any careful analysis of the market. Let’s start with the first claim regarding the process by which ADN is manufactured:

● To say that all ADN capacity in the U.S. is based on the DuPont process is incorrect. There are two routes to ADN, utilizing either butadiene (C4) or propylene (C3) as feedstock. DuPont developed the C4 route, which is used to produce over half the ADN in the world. The C3 route, on which Ascend Performance Materials’ production is based, supplies the rest of the world’s ADN. All of Ascend’s manufacturing is in the U.S., and it does not use the DuPont process.Potential Nylon 66 Supply Shortage escalating prices

● The next claim in the article that “chemical plants only make money when they are run at full capacity,” is frankly beyond comprehension. In truth, many factors affect the profitability of a plant, chief among them is the reliability of the production units. This claim is further refuted by the ability to increase capacity through debottlenecking, meaning that the process being debottlenecked was previously running below capacity.

● The claim that ADN supply is “dramatically” below demand and will continue to be for at least three years is unsupported by third-party analysis. The largest producers of ADN, including Ascend, have announced plans to increase capacity. Demand for ADN is projected to grow approximately 5%/yr. Ascend has consistently grown annual capacity at double that rate and has announced plans to continue doing so through 2021.

● Nylon 66 demand is projected to grow 3-4%/yr, fueled by growth in existing applications and the development of new ones. Ascend has announced plans to grow production capacity by 10-15%/yr.Potential Nylon 66 Supply Shortage escalating prices

● Finally, it is misleading to say that nylon 6, POM, PPA or PBT can “easily replace” nylon 66 because they meet cost, performance or processability specifications. Yes, some qualities of nylon 66 can be matched by a different polymer, but nylon 66 is a superior choice for delivering all three. With nylon 66, component manufacturers needn’t sacrifice processability or their bottom line to meet heat resistance, hydrolysis resistance, flame retardance or impact weathering specifications.

 Supply is a valid concern for any business, and we welcome any questions about how we plan around disruptions to continue serving our customers. Innovating new technologies to displace existing ones is an admirable way to gain business, but making claims against a competitive product without legitimate supporting data is an area where the industry needs to improve and be more transparent.

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New project horticultural wastes biodegradable films nets

New project sees first results from horticultural wastes in the form of biodegradable films and nets obtained   New project horticultural wastes biodegradable films nets 

by Grace Nolan

Featured AIMPLAS
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China economy pressure trade tensions US

China economy, yuan under pressure amid trade tensions with US  China economy pressure trade tensions US

Source:ICIS News

SINGAPORE (ICIS)–China’s export-oriented economy will be hit hard by escalating trade dispute with the US, which has been battering the yuan ahead of the implementation of new US tariffs on $34bn worth of Chinese goods on 6 July.

China economy pressure trade tensions USThe de facto trade war between the world’s two largest economies is jeopardising China’s transition into a consumption-led economy given the consequent steep yuan losses against the US dollar, analysts said.

Manufacturing activities in Chinese industries showed signs of easing in June, with the country’s June purchasing managers’ index (PMI) falling to 51.5 points from 51.9 in May. Export orders posted a lower reading of 49.8, indicating a contraction.

China’s pace of economic expansion had been slowing down for six years until 2017, when a faster growth of 6.9% was registered. This year, the government is targeting a lower number of 6.5%.China economy pressure trade tensions US

The world’s second-biggest economy may miss this year’s target amid the US-China trade row, resulting in GDP growth hitting its lowest in 38 years, Chinese brokerage Shengwan Hongyuan Securities said in a research note.China economy pressure trade tensions US

The US’ initial levies are expected to shrink China’s exports by $7bn, and translate to a 0.05 percentage point hit on the Asian giant’s economic growth, it said.

Washington announced on 15 June the imposition of 25% tariffs on $50bn worth of Chinese goods. The first wave – covering 818 products with a value of $34bn – will take effect on 6 July, while tariffs on another $16bn of Chinese goods to be applied later after soliciting public comment.China economy pressure trade tensions US

Beijing retaliated by proposing to impose the same tariff rate against US goods worth $50bn, to which the US responded with a threat of further tariffs on $200bn of Chinese goods that will include a wide swath of oil and petrochemical products.

While such tit-for-tat moves will hurt both economies, China will be harder hit as it is an export-oriented economy and it will take time for it to find substitute markets to replace the US, which accounted for about a fifth of China’s overall exports in 2017.

As the US is targeting China’s aerospace, information and communication technology, and robotics and machinery industries, major blows will be felt in sectors such as electronic devices, electrical equipment, and mechanical equipment manufacturing, Shengwan Hongyuan Securities said.China economy pressure trade tensions US

But side-effects on other sectors will also be significant. For example, rubber and plastic product manufacturing is anticipated to encounter a 0.12% drop in output, when the US tariffs on $50bn worth of Chinese goods are imposed.

By erecting and fortifying trade barriers against China, US President Donald Trump was hoping to bring down the US’ huge trade deficit of $370bn with the country.

Bringing down China’s trade deficit with the US by $100bn would cost China’s GDP 0.8 percentage points, said Ha Jiming, chief economist at investment bank China International Capital Corporation (CICC).China economy pressure trade tensions US

Although China’s overall economy will be able to sustain the fallout, switching to other export markets will take time, Ha said.

Also, the trade dispute, combined with the latest interest rate hike by the US Federal Reserve, has been hurting the yuan.

On midday, the yuan was trading at CNY6.64 to the US dollar, down by 3.4% from a month ago.

A weak yuan dampens China’s purchasing power for imported goods, as well as the government’s attempts to boost domestic consumption, said Wang Youxin, a researcher at China Bank International Financial Institution.

These attempts include the People’s Bank of China (PBoC) decision to cut the banks’ reserve requirement, or the portion of deposit that must be held as reserves, by 50 basis points effective 5 July.

Focus article by Fanny Zhang

Picture: Piles of containers are pictured on a quay at the Ningbo-Zhoushan port in Ningbo city, east China’s Zhejiang province (Source: Imaginechina/REX/Shutterstock)


By Fanny Zhang
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Continuous Developments Denim Latest Monfort Eco Line

Continuous Developments For Denim: The Latest Monfort Eco Line   Continuous Developments Denim Latest Monfort Eco Line

Continuous Developments Denim Latest Monfort Eco LineMÖNCHENGLADBACH, Germany  — As the number one supplier of finishing ranges to the denim industry globally, the benefits of the latest Monfort Eco Line are already being enjoyed by several of the sector’s leading manufacturers in both Asia and South America.

Denim manufacturing consumes huge amounts of energy and resources at virtually all stages of production, but especially during shrink finishing, and on conventional ranges, large volumes of water, steam, chemicals and thermal energy are required. A significant portion of these resources, however, can be wasted without precise feeding, monitoring and control.Continuous Developments Denim Latest Monfort Eco Line

This is an issue that Monforts engineers have successfully addressed with the Eco Line for denim, based on two key technology advances – the Eco Applicator for minimum application of the selected moist finishing chemicals and the ThermoStretch.

As an alternative to conventional padding, especially for wet-in-wet solutions, the Monforts Eco Applicator can significantly reduce the amount of applied humidity required prior to the stretching and skewing of the denim fabric.Continuous Developments Denim Latest Monfort Eco Line

It also allows mills to apply finishes to just one side of the fabric, or both, and even to apply separate finishes to each side, or to specific areas of a fabric, for endless denim differentiation possibilities.

The Monforts ThermoStretch unit carries out the skewing (weft straightening), stretching and drying in a continuous process.Continuous Developments Denim Latest Monfort Eco Line

A modified hotflue with reinforced and adjustable rolls for determining the longitudinal tension within the fabric, the ThermoStretch benefits from a structure detector with Pleva SD 1 camera technology employing transmission and reflection lighting for the highest detection capability, in order to carefully measure and control the fabric width and the skewing.Continuous Developments Denim Latest Monfort Eco Line

Due to its large number of guide rolls, it is possible to stretch damp fabric in a heated chamber at a longitudinal tension of between 200-300 N with the ThermoStretch, compared to the high forces of up to 4,000 N that have previously been required to finish a typical denim fabric with a starting width of 157cm and a finished width of 151cm.

“Due to these innovations, the Eco Line system reduces energy requirements and losses, increases thermal transfer and keeps the drying energy on the textile material longer,” says Monforts Vice President Sales and Marketing Klaus A. Heinrichs. “As a result energy savings of up to 50% are being achieved.Continuous Developments Denim Latest Monfort Eco Line

We will be introducing a number of new innovations for denim in the near future, including a solution for the introduction of two-way super stretch into denim in a single processing step.”Continuous Developments Denim Latest Monfort Eco Line

Source: A. Monforts Textilmaschinen GmbH & Co. KG 

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World Composites launch alongside Techtextil India

World of Composites to launch alongside Techtextil India  World Composites launch alongside Techtextil India 

With an aim to tap the potential of composites industry and promote wider application of advanced composites, Techtextil India 2019 slated from 20-22 November 2019 at the Bombay Exhibition Centre, Mumbai launches the World of Composites, a dedicated pavilion that aims to bring the stalwarts of the composite industry from India and across the world.

Techtextil India is the leading international trade fair for technical textiles and nonwovens in India and for the region, offering solutions from the entire textile value chain for all industry applications.World Composites launch alongside Techtextil India

World Composites launch alongside Techtextil India

“In response to the industry’s growing need for composite solutions and innovative engineering, we are pleased to announce the launch of World of Composites which will take place alongside Techtextil India 2019,” said Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia. “While there is a great scope for the composites industry to cater to the global market, the most significant growth driver for the trade and technology of composites is the huge untapped potential of the domestic market which will gain momentum through this platform.”World Composites launch alongside Techtextil India

Composites are an integral part of modern and advanced manufacturing sectors. From underwater marines to high-performance aircrafts, there is increased demand for lightweight, clean materials across market segments and composite materials have been identified as a key cross-cutting technology for manufacturing.

The major factors fuelling the growth of the composites market across the globe are the increasing use of composites in the wind energy, aerospace, automobile and defence applications. In India, the composites industry has a strong manufacturing base and with an extensive scope of applications in automobile, defence, marine engineering and infrastructure sectors. India has made tremendous progress in wind power sector wherein composite consumption has exceeded in comparison with most developed countries.

The combination of World of Composites and Techtextil India will open gates to a gamut of opportunities for exploring new business ventures with the most high-potential manufacturing sectors across the country to witness cutting edge technology and end to end solutions, organisers report.World Composites launch alongside Techtextil India

The Indian composites market is expected to touch US$ 2 billion by 2021, with major industry growth drivers being government projects like smart cities development, sanitation and water infrastructure development projects, and renewable energy projects. Industry growth is predicted at a CAGR of 14%.

“With this nature of demand, the World of Composites will be a top choice for product sourcing for industries like automobile and ancillary manufacturers, wind energy, aerospace and defence, construction, marine, electrical and electronics, etc., which constitute major end user applications of composites covering all the key segments,” conclude organisers.


Inside Composites

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Exploring Opportunities Pet Packaging Blow Moulding Conference

Exploring the Opportunities of Pet Packaging   Exploring Opportunities Pet Packaging Blow Moulding Conference 

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