Minpromtorg approved construction production PET GC Titan

Minpromtorg approved the construction of the production of PET GC “Titan”   Minpromtorg approved construction production PET GC Titan

 Minpromtorg approved construction production PET GC TitanMOSCOW ( MRC ) – The Ministry of Industry and Trade of the Russian Federation approved the project of the group of companies “Titan” for the creation of polyethylene terephthalate (PET) and polymer processing in the Pskov region, in the territory of the Moglino SEZ, the company’s press service said.

The project will be implemented in four stages in time until 2022. The total volume of investments is 19 billion rubles, of which 20% are own funds. Part of the financing is planned to attract through the Industrial Development Fund, the Russian Export Center and other development institutions. The main part of the investment will have to finance and credit organizations, included in the TOP-10 in Russia.

In the first two stages of the investment project, until 2020, a plant for the production of PET granules will be built. It will operate a pilot plant to create new types of copolyesters with specified properties and two lines of biaxially oriented polyethylene terephthalate films (BOPP).Minpromtorg approved construction production PET GC Titan

During the implementation of the project, agreements have already been reached with key partners and authorities. To date, cooperation agreements have been signed with the Pskov and Omsk regions and an agreement of intent with the special economic zone Moglino. The supplier of the basic technological equipment – German company Dornier is selected, the general contractor of the project is defined – the contract with it is at the final stage of signing. The organizer of the project is LLC “Pskov plant Titan-Polymer”, which concluded with the Moglino SEZ an agreement of intentions on May 21.

Earlier it was reported that in February of this year, a group of companies “Titan” and the government of the Omsk region signed a memorandum with Vnesheconombank on the implementation of the project to create the production of bisphenol A (BFA) and epoxy resins.Minpromtorg approved construction production PET GC Titan

ZAO GK Titan is a Russian corporation, one of the largest companies in the CIS engaged in the production and marketing of synthetic rubber, phenol, as well as developments in the field of biotechnology.The petrochemical cluster of GC Titan includes OJSC Omsky Kauchuk, one of the leading Russian producers of synthetic rubber, and Omsk polypropylene plant LLC “Polyom”.Minpromtorg approved construction production PET GC Titan

mrcplast.ru

Author:                Anna Larionova

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China implement tariffs US World Trade Organization WTO

China will not implement tariffs ahead of the US – Ministry of Finance  China implement tariffs US World Trade Organization WTO

Source:ICIS News

SINGAPORE (ICIS)–China will not move ahead with tit-for-tat import tariffs before Washington makes a move to impose them on Friday.

China implement tariffs US World Trade Organization WTO

Because of the 12-hour time difference, it was widely expected that China will impose tariffs on $34bn of US goods ahead of Washington but the country’s Ministry of Finance on Wednesday said that it will not fire the first shot.

“The Chinese government has made it clear numerous times that we have to get prepared and once the US announces a tariff list, we’ll take the necessary measures to defend our legitimate rights,” the ministry said in a statement.

The US last month announced last month that it plans to slap a 25% tariff on Chinese goods worth $50bn.China implement tariffs US World Trade Organization WTO

It is set to import levies on 818 Chinese products worth $34bn a year on 6 July, but will not target the remaining 114 products worth $16bn from its plan until it gathers additional public comments.

China in response said it will impose a 25% tariff on 545 US products worth $34bn and is planning to impose the levy on an additional 114 US goods worth $16bn.

The US then further threatened to impose tariffs on additional $200bn worth of Chinese goods, which would likely trigger another round of retaliatory tariffs from Asia’s biggest economy.China implement tariffs US World Trade Organization WTO

Fitch Ratings earlier on Wednesday said that further tariff measures by the US would escalate risks to global trade and economic growth.

“The US investigation into auto tariffs, possible additional US tariffs on Chinese imports, and the likely reactions of other countries and blocs, point to a potential serious escalation, albeit with an impact that falls short of across-the-board tariffs imposed on all major trade flows,” Fitch said in a statement.China implement tariffs US World Trade Organization WTO

With trade tensions intensifying, players in the commodity markets have already moved on to avert potential risks.China implement tariffs US World Trade Organization WTO

Unipec, the trading arm of China’s biggest refiner Sinopec, has slowed down their purchase of US crude.

Chinese buyers are also looking to swap cargoes for US oil.

The World Trade Organization (WTO) on 4 July said that “the uncertainty created by a proliferation of trade restrictive actions could place economic recovery in jeopardy”.

“The marked increase in new trade restrictive measures among G20 economies should be of real concern to the international community,” WTO director general Roberto Azevedo said in a statement.

“This continued escalation poses a serious threat to growth and recovery in all countries, and we are beginning to see this reflected in some forward-looking indicators,” he added.

With additional reporting by Nurluqman Suratman

By Fanny Zhang
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ALIGN project launched developing bioaromatics lignin

ALIGN project launched: developing bio-aromatics from lignin   ALIGN project launched developing bioaromatics lignin

ALIGN project launched developing bioaromatics lignin

Recently Biorizon co-initiator VITO and partners have launched the ALIGN project that aims to develop Aromatics from LIGNin. Phenolic resins will be applied for the production of high-pressure-laminates as well as natural vanillin for food and beverages. For the next three years, eight project partners led by coordinator CLIB2021 will work together. The Federal Ministry for Education and Research (BMBF) holds out the prospect of funding the German project partners with 1.4 mio. EUR.

New functionalized bio-aromatics from lignin

Lignin, the second most abundant terrestrial polymer and the only large source for biobased aromatics, is currently used in limited amounts. Conventional lignin extraction processes are often optimized towards the fractionation and purification of cellulose for pulp production, with lignin regarded as a by-product, resulting in a poor lignin quality i.e. an undefined structure and a low degree of functionalization. Usually, only its energy content is recovered by combustion. However, converting lignin into high-value products is essential to render biorefineries profitable.

The use of lignin extraction processes, which maintain the structure and functionality of lignin, in combination with innovative chemical and biotechnological conversion routes enables the production of functionalized bio-aromatics. New, hitherto not accessible structures including new functionalities and, thus, new performances, which can be used in a variety of industrial applications, can be detected. To valorize large amounts of lignin the ALIGN project team addresses the platform (bulk) chemical sector.

ALIGN: upscaling three extraction processes for valuable fractions

The ALIGN project focuses on upscaling three extraction processes that lead to both a high-value lignin fraction and a pure cellulose/sugar fraction: The LX process (LXP), a Organosolv process combined with base-catalyzed depolymerization (BCD) and the lignin-first process (LFP). The lignin fractions derived from the three processes differ in their composition in regard to the degree of depolymerization and functionalization.

Starting with this broad range of different lignin derivatives combined with tailor-made downstream processing (DSP) strategies, a wide variety of bio-aromatics with unique properties can be produced. The project aims at applying these bio-aromatics as phenolic resins for the production of high-pressure-laminates as well as natural vanillin for food and beverages.

ALIGN project partners cover the entire value chain

To foster an industrial implementation, the consortium covers stakeholders from the whole value chain starting from lignin extraction (Fraunhofer CBP, LXP Group, KU Leuven) via DSP (VITO) to application (UPM, Phytowelt, Axxence Aromatic) under the coordination of CLIB2021. Apart from the above-mentioned ones, the processes can be adjusted in future projects for a wide variety of applications in the aromatics sector from fine chemicals to bulk products.

Cross-border cooperation

This project is a unique cross-border cooperation between the Flanders region of Belgium and the German state North Rhine-Westphalia (NRW). Together with The Netherlands, these regions are part of the BioInnovation Growth mega-Cluster (BIG-Cluster): a cross-border Smart Specialisation Initiative aiming at making Europe’s industrial mega-cluster a global model in comprehensive bio-based value chains. BIG-Cluster was initiated by the three cluster organisations BE-Basic (The Netherlands), Catalisti (Flanders, Belgium), and ALIGN project coordinator CLIB2021 (NRW, Germany).

More information

If you want to receive more information on the ALIGN project or if you want to elaborate on the opportunities of lignin valorization for your organization, please contact Dr. Kelly Servaes via kelly.servaes@vito.be or +32 (0)4 93 31 87 46.

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 Scientists Replace Bacteria Algae Production Bioplastics

Scientists Find a Way to Replace Bacteria and Algae in the Production of Bioplastics   Scientists Replace Bacteria Algae Production Bioplastics

 Scientists Replace Bacteria Algae Production BioplasticsColorado State University Scientists found a way to produce a high-performance, biorenewable, biodegradable plastics at an affordable price.

Polymer bacterial poly(3-hydroxybutyrate) or P3HB is a biomass created by bacteria, algae and other microorganisms and could be used to replace fossil-based plastics.

The problem with P3HB is that it’s exepensive to produce and the production volumes are limited. The possible applications are thus limited.

However, Colorado State University Scientists found a different way to produce this biomass.

Instead of using a biological process (algae and bacteria) they use a much cheaper chemical process. They use a chemical called Succinate which is an ester form of succinic acid. Succinic acid is produced through the fermentation of sugars.

This process is faster, offers larger-scale applications and cost-effective production. The Scientists have applied for a patent for this technology

To make a long story short, they found a way to replace a biological process by a chemical process. A good example of a transition from biotech to chemtech.

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Researchers race make bioplastics straw food waste

Researchers race to make bioplastics from straw and food waste   Researchers race make bioplastics straw food waste

Scientists looking to replace oil as the source of the world’s plastic are harnessing everything from wood-eating bugs to chicory

 A boy walks along a polluted beach strewn with predominantly plastic bottles in the village of Ngor, Dakar, Senegal. Bioplastics will give more options for products that biodegrade in the environment. Photograph: Nic Bothma/EPA

New bioplastics are being made in laboratories from straw, wood chips and food waste, with researchers aiming to replace oil as the source of the world’s plastic.

The new approaches include genetically modifying bacteria to eat wood and produce useful chemicals. But the bioplastics are currently significantly more expensive to make than fossil fuel-based plastics.

Land and seas around the world, from high mountains to deep oceans, have become polluted with plastic, prompting major public concern. The world has produced 8bn tonnes of plastic since the 1950s and demand is still rising.

While some waste plastic is recycled, much of it is incinerated to produce electricity, resulting in carbon emissions that drive climate change. In contrast to plastic made from oil, plastics made from plant-based materials only release the carbon the plants absorbed from the air as they grew. Bioplastics will also give more options for products that biodegrade in the environment, although they can be made very long-lasting if required.

“Plastics are an incredible enhancement to our daily lives,” said Paul Mines, CEO of Biome Technologies in the UK, which has spent £5m in the last five years on bioplastics research. Plastic is both light and strong, he said: “But we can’t go on using fossil fuel-based materials. About 6-7% of every barrel of oil is used to make plastics.”

Using plant materials is feasible, said Prof Simon McQueen-Mason, at the University of York. Replacing half of the nation’s plastic bottles could be done using just 3% of the sugar beet crop, 5% of wheat straw or 2.5% of food waste, he said.

“These are the scales we would need to see a large-scale replacement of oil-based plastics,” he said. “It is something that would be practical within the UK, and we’re talking about a very big economic opportunity.” The UK plastic production industry has an annual turnover of £25bn.

Currently, just a few thousand tonnes of bioplastic are used in the UK each year, compared to millions of tonnes of conventional plastic. Mines said this could rise to about 20,000 tonnes in the next five years.

One technology now being scaled up from the lab is using a Rhodococcusbacteria to break down lignin, the very tough material that gives trees and other plants their strength. The bugs naturally eat lignin but Prof Tim Bugg, at the University of Warwick, working with Biome Technologies, has genetically engineered them so they produce useful chemicals for a bioplastic that can be used for bottles.

Lignin was long seen as impossible to break down usefully, but Bugg said: “Ten years on [from when I started], people are now saying it may well be possible.”

Lignin is a major waste product in paper and card manufacturing and is currently burned. “We shouldn’t be burning biomass, because we can make electricity and heat in more sustainable ways,” said McQueen-Mason. “But we don’t have any other source of the complex carbon chemistry we need to make the fuels, plastics and chemicals that currently come from petroleum.”

Prof Janet Scott, at the University of Bath, is tackling the problem of plastic microbeads, which have been banned from facewashes and other products in the UK and elsewhere. “We didn’t just put in microbeads into products for the heck of it,” she said. “You might have bought a skin exfoliant that had microbeads in to make it slightly rough and to make you glow and look gorgeous.”

Scott’s answer is to push dissolved cellulose – another tough plant material – through tiny holes and use chemistry to form the drops into tiny biodegradable beads.

Companies around the globe are working on bioplastics, including major players such as BASF, Novamont and DowDuPont, said Mines: “This is a global movement.”

Using food crops to make biofuels has been controversial as it may cause price rises, and there is wariness about using food to make plastics. But McQueen-Mason said the approach should not be dismissed: “You can produce as much sugar in North Yorkshire per hectare with sugar beet as they produce in São Paulo state in Brazil with sugar cane. Sugar beet is an incredibly effective crop in the UK and farmers love it.”

Some companies are currently using chicory and Jerusalem artichoke to make bioplastics, he said, because these contain fructose, which is closer to the chemicals required than the sucrose found in sugar beet.

Plastic has become ubiquitous not only because it is useful, but also because it is extremely cheap, and this presents the biggest challenge to bioplastics. People will pay a premium for some bioplastic products, such as biodegradable coffee pods that can composted, but Mines said: “I can’t predict if it will ever reach parity.”

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Iran Revolutionary Guards threaten cut oil exports US pressure

Iran’s Revolutionary Guards threaten to cut off regional oil exports amid US pressure  Iran Revolutionary Guards threaten cut oil exports US pressure

  • Shortly after the Trump administration reaffirmed this week its threat to punish companies that buy Iranian crude, President Hassan Rouhani warned Tehran could soon disrupt oil shipments to neighboring countries.
  • Washington’s sanctions against Iran are set to be re-imposed on November 4.
  • International benchmark Brent crude traded at around $78.14 Thursday lunchtime, around 0.1 percent lower, while U.S. West Texas Intermediate (WTI) stood at around $74.48, up 0.4 percent.
Source :Sam Meredith | CNBC.com

Iran Revolutionary Guards threaten cut oil exports US pressure

Trump administration is hard-core on Iranian oil, says expert

Iran is threatening to dramatically ratchet up its response to the U.S., if President Donald Trump succeeds in halting crude sales from the Persian Gulf when sanctions snap back on the country.

Shortly after the Trump administration reaffirmed this week its threat to punish companies that buy Iranian crude, President Hassan Rouhani warned Tehran could soon disrupt oil shipments to neighboring countries.

Iran’s president did not elaborate on such plans, but the leading commander of Iran’s Revolutionary Guard, an elite branch of the military, said Wednesday that he would be prepared to enact any presidential orders to block exports of crude to the Gulf.

In a letter published on Islamic Republic News Agency (IRNA), Major-General Qassem Soleimani said: “I kiss (Rouhani’s) hand for expressing such wise and timely comments, and I am at your service to implement any policy that serves the Islamic Republic.”

Washington’s sanctions against Iran are set to be re-imposed on November 4.

Oil prices could climb ‘well into triple figures’

Iran, OPEC’s third-largest producer, has previously warned that it could close the Strait of Hormuz, a major oil shipping route for Persian Gulf nations to the Arabian Sea.

“Around 17 million barrels per day or 35 percent of all seaborne oil exports pass through the strategic waterway and, needless to say, such a move would propel oil prices well into triple figures,” Stephen Brennock, oil analyst at PVM Oil Associates, said in a research note published Thursday.

A support vessel maneuvers near the crude oil tanker ‘Devon’ as it sails through the Persian Gulf towards Kharq Island oil terminal to transport crude oil to export markets in Bandar Abbas, Iran, on Mar. 23, 2018.

“Iran’s leadership is clearly adamant that the new situation created by the U.S. withdrawal from the nuclear pact will not go without consequences. This, in turn, should go a long way to ensuring that the geopolitical premium remains alive and well,” he added.

International benchmark Brent crude traded at around $78.14 Thursday lunchtime, around 0.1 percent lower, while U.S. West Texas Intermediate (WTI) stood at around $74.48, up 0.4 percent.

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Vienna meeting

In May, Trump withdrew the U.S. from a multinational deal under which sanctions on Iran were lifted in return for curbs to its nuclear program. That deal was verified by the International Atomic Energy Agency (IAEA).

However, after previously warning Trump of the “consequences” Washington would face for reviving fresh sanctions against Iranian crude, Rouhani has also said he is prepared to scale down the country’s cooperation with the United Nations’ nuclear watchdog.

“Iran’s nuclear activities have always been for peaceful purposes, but it is Iran that would decide on its level of co-operation with IAEA,” Rouhani was quoted as saying by IRNA on Wednesday.

Meanwhile, the EU has pledged to preserve the 2015 nuclear accord — without the U.S. — by trying to keep Iran’s oil and investment flowing. But the prospect of U.S. sanctions is thought to have made it very difficult for European officials to offer any guarantees to Tehran.

Foreign ministers from Russia, China, Britain, Germany and France will meet Iranian officials in Vienna on Friday to discuss how to keep the accord alive.

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Biodegradable plastic developed tree glue lignin useful chemicals

Biodegradable plastic developed from ‘tree glue’  Biodegradable plastic developed tree glue lignin useful chemicals

Plastic is notoriously difficult to recycle and only 12 percent of household waste is reprocessed.

PTI@moneycontrolcom
Biodegradable plastic developed tree glue lignin useful chemicals

Answer: Plastic Bags (Image: Reuters)

Scientists have found that a natural ‘tree glue’ which stiffens plant cells can be turned into a strong, biodegradable plastic. The natural glue called lignin holds cellulose fibres together.

Researchers from the University of Warwick in the UK genetically modified a bacteria called Rhodococcus jostii to turn lignin into useful chemicals.

There are only a small number of organisms that can break down lignin.

“Normally the bacteria uses it for growth, and breaks it down into small molecules which it uses as food to grow,” said Professor Tim Bugg from Warwick.

“So we are trying to intercept that process so it still can grow but it can do something for us at the same time,” Bugg was quoted as saying by ‘The Telegraph’.

“Because lignin is complex, as you break it down you get a complex mixture but what’s nice is with these bacteria they are able to funnel all this. We are hoping in five years that we will have something,” he said.

Plastic is notoriously difficult to recycle and only 12 percent of household waste is reprocessed. The rest is either burnt or goes to landfill.

Each year more than 300 million tonnes of plastic are produced globally, and 10 percent will end up in the sea.

It is estimated that there is now a 1:2 ratio of plastic to plankton and, left unchecked, plastic will outweigh fish by 2050.

Lignin is a byproduct of the paper making process. While it is useful in plants, it causes paper made of wood pulp to weaken and discolour quickly, and so it is removed.

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Wellman developing several new products PSF subsector

Wellman developing several new products in PSF sub-sector    Wellman developing several new products PSF subsector 
Wellman developing several new products PSF subsector

Ireland-based Wellman International Ltd, which manufactures polyester staple fibres (PSF), is developing new products for adult incontinence hygiene uses and medical applications, lighter weight solutions for the next-generation automotive and aerospace applications, selected composites and niche high-performance apparel, according to company CEO Donal Breen.The company recycles around 2.7 billion polyethylene terephthalate (PET) bottles per year, Breen told Fibre2Fashion in an interview.

The latest innovations in the PSF industry include next-generation PET BICO fibres, micro-splittable fibres, fibres with significantly enhanced hydrophilic/hydrophobic properties, fibres with tailored elastomeric properties and fibres based on renewable resources, he added. (DS)

For full interview, please click here.

Fibre2Fashion News Desk – India

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