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EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox-Cristal Merger   EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox Cristal Merger USA titanium dioxide

EU Approves Tronox-Cristal Merger (c)

The EU Commission has approved Tronox’s proposed acquisition of competitor Cristal, subject to the US titanium dioxide producer selling its business for the pigment used in paper laminate.

The Commission had issued a statement of objections in March to the $2.4 billion acquisition of the Saudi Arabian company.EU Approves Tronox Cristal Merger USA titanium dioxide

In order to overcome the competition concerns, Tronox has offered to sell its global business comprising the required technology and other intangibles to “an experienced manufacturer with chloride-based production technology active in the European Economic Area”.

Tronox currently supplies the paper-laminate TiO2 grade to European customers from its facility in Botlek, the Netherlands. The company added that it is “working expeditiously” to submit to the Commission a definitive agreement with another party for the divestment.

Without the sale, the Commission said the merger would have significantly reduced competition in Europe for chloride-based TiO2 used in paper laminate. It did not, however, have concerns about the pigment’s use in other products, particularly in paints and plastics. Similarly, the Commission found no competition concerns relating to TiO2 feedstocks, as neither company is a major supplier to third parties.

Approvals for the takeover have already been received in Australia, China, New Zealand, Turkey, South Korea, Colombia and Saudi Arabia. However, the US Federal Trade Commission (FTC) has yet to clear the deal. Tronox filed suit against the FTC in January 2018, alleging the agency is using delaying tactics to block the acquisition, which was first announced in February 2017.

Related Topics

-NGOs urge restriction proposal on titanium dioxide consumer articles – NGOs titanium dioxide consumer

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German specialty chemical Evonik cut 1,000 jobs globally 2020

Evonik to cut 1,000 jobs globally by 2020   German specialty chemical Evonik cut 1,000 jobs globally 2020

The target, Essen, Germany-based Evonik said, is to reduce costs by 200 million euros by the end of 2020, with about two-thirds of the cost savings coming from administration and a third coming from sales functions.

by Canadian Plastics

German specialty chemical Evonik cut 1,000 jobs globally 2020In what it calls an attempt to “reduce bureaucracy, streamline processes, and cut administrative and selling expenses,” German specialty chemical maker Evonik AG has announced plans to cut up to 1,000 jobs globally by 2020.

The target, Essen, Germany-based Evonik said in a June 27 statement, is to reduce costs by 200 million euros (US$231 million) by the end of 2020. About two-thirds of the cost savings will come from administration and a third will come from sales functions.German specialty chemical Evonik cut 1,000 jobs globally 2020

“Our goal is to build a best-in-class specialty chemicals company,” Christian Kullmann, chairman of Evonik’s Board of Management, said in the statement. “To get there we need three things: a balanced portfolio, leading innovative capability, and a new, performance-oriented corporate culture. To this end, we are now making a big step forward on the cost side. We want to accelerate decision-making and strengthen cost-awareness.”

The company said the jobs to be eliminated will be in administration and sales positions and will help it towards achieving a “performance-oriented” corporate culture and a “healthy cost structure.” German specialty chemical Evonik cut 1,000 jobs globally 2020

“The first 50 million euros of these permanent savings will be achieved this year and will mainly comprise material costs,” the statement added. “To realize the remaining 150 million euros, a detailed analysis of all administrative support functions was carried out in recent months. Management and employee representatives have agreed to implement the process in a socially acceptable manner.German specialty chemical Evonik cut 1,000 jobs globally 2020

The agreement that rules out business-related dismissals for employees in Germany has been extended until mid-2023. [We] will also be using natural fluctuation to reduce the number of jobs in administration and sales worldwide. Vacant positions will be examined to see whether it is necessary to fill them.”

Related Topics

-Evonik invests in expanded production at Birmingham, Alabama site – Evonik’s Birmingham Site Evonik Industries AG (Essen, Germany; www.evonik.com) has invested more than $50 million over the last 4 years in its Birmingham, Ala., Health Care facility to boosts its capabilities around biodegradable polymers and parenteral medicine – Evonik production Birmingham Alabama

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Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions,a elastomeric knitted textiles, presents sustainable fabrics collection   Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions presents sustainable fabrics collectionPenn Textile Solutions, a leading producer of in elastomeric knitted textiles, located in Paderborn, Germany, and Penn Italia will introduce Ecoinnovation sustainable products range at this month’s Interfilière Paris, which opens its doors tomorrow.

The must-see products are created using Roica premium stretch yarn from Asahi Kasei, which has Cradle to Cradle Certified Gold level for Material Health and Hohenstein Environment Compatibility Certificate for breaking down without releasing harmful substances.Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions and Penn Italia, a fully integrated international-minded company with over 50 years’ expertise in producing innovative warp and weft knit textiles, chose Roica premium stretch fibre to create its new sustainable range of advanced textiles.

“Roica, produced by Asahi Kasei, is the secret premium stretch ingredient we used to provide comfort, enhance quality and confidence. Thus, making stretch performance a specialty fibre that generates new values for contemporary consumers,” the company explains.Penn Textile Solutions presents sustainable fabrics collection

“Ecoinnovation presents seven unique articles developed belonging to Penn Textile Solutions and Penn Italia’s family dream shape, characterised by reinforced edges and seizing that includes the following recycled items; tulle, tulle galloons with dreamshape reinforced edge, tricot, dreamshape reinforced gripping edge (great for cycling shorts), stretch satin, polyester tulle and polyester double jersey perfect for laser cutting.”

Ecoinnovation collection includes Roica Eco-Smart family premium stretch yarn, evaluated throughout the supply chain for lower impact on human and environmental health.

The range also features Reco Nylon – a Nylon 6 yarn made from pre-consumer waste. “Nurel recycles the discarded nylon material diverting it from the waste stream during our manufacturing process and converts it into Reco Nylon yarn,” the company adds.

“We proudly boast an impressive savings of CO2 emissions: every 1.000kg of Reco Nylon reduces atmospheric CO2 emissions by 1.424kg.”Penn Textile Solutions presents sustainable fabrics collection

RadiciGroup company Noyfil SpA offers r-Radyarn, a range of recycled products that use fully recycled polyester yarn r–Starlight, produced as POY by its sister company Noyfil SA in Switzerland.Penn Textile Solutions presents sustainable fabrics collection

A continuous polyester filament derived from post-consumer recycled polymers is eco-compatible with certified Oeko-Tex Std 100 Class 1 additives and colours used for the solution dyeing process.Penn Textile Solutions presents sustainable fabrics collection

Penn Textile Solutions and Penn Italia’s fabric innovations will be also presented at Roica booth. Cosabella brand selected two of Penn Textile Solutions and Penn Italia’s materials with Roica to design lingerie. The brand’s range features light camouflage lace effect fabric with Roica Colour Perfect family and Flounce of Tulle with Roica Eco-Smart family with reinforced sides and fewer stitches to enhance comfort.

www.penn-ts.com

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Startup turns sugarcane ecostraws 100% Plants technology

Start-up turns sugarcane into eco-straws  Startup turns sugarcane ecostraws 100% Plants technology

USEFUL WASTE:More than 20 Chinese companies have tried to buy 100% Plants’ technology, but it values being a Taiwanese company, the start-up founder said

By Chen Feng-li and Jake Chung  /  Staff reporter, with staff writer
Startup turns sugarcane ecostraws 100% Plants technology

Biodegradable straws of various sizes made from sugarcane by-products are displayed in Nantou County on Wednesday, together with a bottle of the raw material used to make the straws.

Photo: Chen Feng-li, Taipei Times

Taiwanese start-up 100% Plants turns sugarcane byproducts into polymer raw materials that are used to make biodegradable straws, potentially opening new avenues for research into sustainable alternatives for plastic.Startup turns sugarcane ecostraws 100% Plants technology

Simple chemical aggregation methods would be sufficient to render sugarcane by-products, or bagasse, into polymer raw materials, which could be used to manufacture biodegradable straws, 100% Plants founder Huang Chien-chung (黃千鐘) said on Friday.

Developing the processes was not without its challenges.

The first factory that they collaborated with complained that the materials were “unusable,” Huang said, adding that solutions necessitated modifying the factory’s machines.Startup turns sugarcane ecostraws 100% Plants technology

After calibrations and tests, a product was produced that would not crack or splinter, even when subjected to temperatures of minus-20°C, Huang said.

The company is collaborating with National Taiwan Ocean University to determine the product’s rate of degradation when submerged in ocean water or in fish stomach acid, he said.Startup turns sugarcane ecostraws 100% Plants technology

“We hope that the test results will prove that our product is environmentally friendly,” Huang said.Startup turns sugarcane ecostraws 100% Plants technology

The Rural Development Foundation fully supports the start-up’s idea, foundation president Hsieh Chih-cheng (謝志誠) said, adding that using what would otherwise be considered agricultural waste as a substitute for polyethylene is practical and eco-friendly.

The start-up is researching using discarded bamboo to manufacture one-time utensils, with a prototype undergoing tests in the US and Australia, he said.

The company’s efforts have attracted the attention of several French tourist destinations, as France’s Energy Transition for Green Growth Act intends to ban plastic plates, cups and utensils by 2020, he added.Startup turns sugarcane ecostraws 100% Plants technology

The start-up is in talks with the localities regarding the possibility of turning grape bagasse and barley pulp into useful products, Huang said.

The start-up has refused offers from more than 20 Chinese companies over the past two months wishing to buy its technology, he said.

“We do want to make money, but we give an even higher priority to working with the international community as a Taiwanese company,” Huang added.

Related Topics

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

-New route to synthesize bioplastics developed – While preparing oligoesters as part of regular experiments, researchers observed formation of a viscous solution which was behaving very similar to molecular self-assembly: disordered molecules were adopting a defined structure on their own – Route synthesize bioplastics

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US China trade war US energy agricultural plastics firms tariffs

US-China trade war: US energy, agricultural and plastics firms gird for next round of tariffs US China trade war US energy agricultural plastics firms tariffs

US China trade war US energy agricultural plastics firms tariffs
An oil well in North Dakota, US, where energy, agricultural and chemicals companies in the country are ready for a summer standoff over trade as Washington imposes the next round of tariffs on Chinese goods.PHOTO: AFP

HOUSTON/CHICAGO (REUTERS) – US energy, agricultural and chemicals companies are girding for a summer standoff over trade as a trade war between the world’s two largest economies officially began Friday (July 6).

The Donald Trump administration followed through with its threat to impose tariffs on US$34 billion worth of Chinese products, a significant escalation of a fight that could hurt companies and consumers in both the United States and China, despite industry lobbying efforts.US China trade war US energy agricultural plastics firms tariffs

Earlier this year, the United States levied tariffs on steel and aluminum from China and elsewhere.US China trade war US energy agricultural plastics firms tariffs

Lobbying efforts are now focused on convincing President Donald Trump to not put tariffs on a second list of mainly energy, plastics and chemicals worth about US$16 billion, said industry officials.

China has vowed to respond to any new tariffs, threatening to further escalate the trade conflict between the world’s two largest economies.

The American Petroleum Institute, which represents oil and gas producers, backed a bill that would have Congress vet future tariffs proposed on national security grounds. The bill has stalled in the Senate.US China trade war US energy agricultural plastics firms tariffs

“We’ve had meetings with members of Congress to press the issue,” said Lee Fuller, a vice president at oil and gas trade group Independent Petroleum Association of America. It is requesting the administration “look at better alternatives than they have so far.”

The IPAA favours granting more tariff exclusions to products not typically made in the United States, including certain specialty steel used in oil drilling.

China’s list of goods facing retaliatory tariffs include US crude oil, plastics and chemicals, all industries that have rapidly expanded using abundant US shale oil and natural gas to drive exports to China.US China trade war US energy agricultural plastics firms tariffs

“I put millions of dollars into equipment and infrastructure on the basis of exporting a heck of a lot more to China. I’m at risk,” said Marc Levine, chief executive of Plantgistix LLC, a Texas-based plastics resin blender, packager and shipper.

If China goes a head with tariffs on US plastics, it “could have a very clear negative effect on resin producers and others here to support the huge increase in production – railroads, truckers, pallet manufacturers and ocean carriers,” Levine said.

Chinese retaliatory tariffs on US$5.4 billion worth of US chemicals goods “are direct hits” on recent production expansions, said Ed Brzytwa, director of international trade for the American Chemistry Council.US China trade war US energy agricultural plastics firms tariffs

“If those come into effect, we’ll have to close down plants and jobs will be at issue,” he said.

The ACC opposes the Trump administration’s plan to put tariffs on US$2.2 billion worth of Chinese plastics, Brzytwa said, saying: “We didn’t ask for that.”

Agriculture lobbyists have resigned themselves to tariffs from China, the largest buyer of US agriculture commodities, following the imposition of tariffs earlier this week by the European Union, Canada and Mexico.

“We’re primarily battening down the proverbial hatches … and hoping the administration will throw that Hail Mary for us,”American Soybean Association spokeswoman Wendy Brannen said.

Related Topics

-US-China trade war begins; tariffs on $34bn goods take effect   US China trade war begins tariffs goods take effect

-China tariffs could halt surging US crude oil exports to a huge growth market -Beijing on Friday announced plans to slap a 25 percent duty on U.S. crude oil in response to President Donald Trump’s decision to hit $50 billion in Chinese goods with an equivalent tariff – China tariffs USA crude oil

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Sustainable Plastic Bioplastic (Com)Promise plastic waste

Sustainable Plastic Bioplastic (Com)Promise   Sustainable Plastic Bioplastic (Com)Promise plastic waste

ENVIRONMENT

Sustainable Plastic Bioplastic (Com)Promise plastic wasteIn the face of the colossal amounts of plastic waste that are currently clogging oceans, choking wildlife, and having ominous – if still unknown – effects on human health, bioplastics have risen as something of a potential solution.

But are bioplastics an innovation with potential to revolutionise plastic, making it truly sustainable, or do they run the risk of perpetuating the plastic crisis? We asked European Bioplastics about how this invention fits into the fight against plastic waste.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Green European Journal: Plastics are high on the political agenda at the moment, with the European Commission releasing its strategy on plastics earlier this year and its proposal for a new directive on single-use plastics. What are the dimensions of the plastic crisis today?

Kristy-Barbara Lange: Plastics are highly versatile materials that are used in many different sectors of modern life. The performance and suitability of the materials in many sectors and for many products — from suitcases to medical applications or outdoor jackets — are not being discussed. Short-lived products that are not correctly disposed of and end up in the environment are the focus of the discussion, principally packaging items such as sweet wrappers and bottle caps.Sustainable Plastic Bioplastic (Com)Promise plastic waste

The efforts of the Commission and also the discussion taking place with stakeholders are stamped with generalising slogans such as #banplastics. But actually we are talking about certain products and how to better design them, use them, and dispose of them. A major part of the littering reality today is created by insufficient implementation of existing waste management legislation, by a lack of waste management infrastructure, and by inappropriate disposal behaviour.Sustainable Plastic Bioplastic (Com)Promise plastic waste

The plastics strategy as well as the recently approved changes to waste legislation take this into account and focus on strengthening better waste management on land, the primary source of marine litter.

What is European Bioplastics and how does it fit into the broader plastics picture? Is there a global alliance of bioplastics organisations?

European Bioplastics (EUBP) is an industry association and represents the interests of more than 70 companies involved in the production, conversion, and use of bioplastics vis-à-vis the European institutions. We were founded as a German association in 1993, but with a growing number of members, we changed our focus of activity to Europe in 2005.

EUBP operates at EU level, but there are also several national associations across Europe.[1] As the oldest association in the bioplastics field, EUBP also has a network on the global level with associations ranging from the Australasian Bioplastics Association, to the Japan Bioplastics Association, or ANIPAC in Mexico.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Europe is mobilising around the plastics issue, yet the EU is arguably part of the problem. Europe generates 25 million tonnes of plastic waste every year, with less than 30 per cent of that recycled. Why and how is Europe both part of the solution and problem with plastics?Sustainable Plastic Bioplastic (Com)Promise plastic waste

The existence and effectiveness of waste management infrastructure and consumption habits as well as the level of implemented waste legislation varies greatly across Europe. More harmonisation with a focus on the higher ranks of the European waste hierarchy would give the EU the opportunity to set a positive example for other regions in the world to follow.Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste

Moreover, current discussions about plastics go beyond waste management and focus on dependency on fossil resources, resource efficiency and availability, climate protection, and fighting litter. The notion of the circular economy addresses many of these aspects, and by combining the principals of the bioeconomy with the infrastructure of a circular economy, [2]Europe can make sure that resources are never wasted but enter the economy as valuable secondary feedstock, helping to decouple economic growth from the depletion of our planet’s natural resources.Sustainable Plastic Bioplastic (Com)Promise plastic waste

Bioplastics are not necessarily all biodegradable, which can be very confusing for customers. What are bioplastics, and how are they different from petroleum-based plastics in terms of their origins and life cycle?

Bioplastics – as we at EUBP define it – are derived, either fully or at least in part, from alternative, bio-based feedstock, with the trend clearly pointing towards fully bio-based materials. Performance-wise, bioplastics materials are at least as good as conventional established materials. The second property described by the term ‘bio’ in bioplastics is biodegradability, which is one end-of-life option amongst others. This property does not depend on the feedstock used but on the chemical structure of the plastic material, which means that also certain fossil-based materials can be biodegradable.Sustainable Plastic Bioplastic (Com)Promise plastic waste Sustainable Plastic Bioplastic (Com)Promise plastic waste 

The property of a plastic material to biodegrade is valuable in a limited number of specific products and contexts, such as in food packaging, because it offers a new route for recycling. Recycling can be mechanical or organic (composting or anaerobic digestion), and both need to be supported if we want to achieve a circular economy as much as is feasible. When packaging is mixed with perished food or biowaste, [3] mechanical recycling is not an option for the plastic material. The use of compostable plastic packaging makes mixed waste suitable for organic recycling and enables the shift from recovery, meaning incineration, to organic recycling. It also increases the volume of separately collected biowaste and hence the volumes of valuable compost. Bio-waste makes up the largest fraction of municipal waste (50 per cent) and needs to be collected separately so that it can become a valuable secondary resource. Certification of biodegradable plastics for industrial compostability can help here.

However, even in the most advanced circular economy, there will always be a limited need for virgin feedstock for the production of certain plastic products, for example in the medical field or for packaging with food contact, which could probably not be made out of recyclates as these always contain a certain amount of contaminants and might not be able to fulfil the strict requirements. Using biomass to produce plastics is not only a benefit when it comes to cutting emissions, but also to be more independent from resource imports and, additionally, gives European farmers new ways to generate income with non-food by-products. So in making sure demand for virgin plastic is met through bio-based options in the future and aiming for the ultimate recyclate – a bio-based recyclate – bio-based plastics will step out from their niche at some point.

One of the criticisms of bioplastics is that they do not in any way challenge consumption habits and tackle the throw-away lifestyle. How do we deal with bioplastics at end of life?

There are lots of plastic products out there that are durable, reusable, and provide high performance, and these can equally be made out of bio-based plastics. Bioplastics are a wide range of plastics — some are used for durable products, some are mechanically recyclable, and others are organically recyclable. Depending on the product and material, the consumer should dispose of it accordingly at the end of its life – and so a clear disposal recommendation should be given on the product or related to its purchase.

Bioplastics can help to make the system — its resources, waste management — in parts better, but they are no magic trick. The short-lived convenience focus of our times needs to be tackled by awareness raising and measures challenging consumption altogether. We look to legislators to provide assessments and a framework for how to tackle this challenge.Sustainable Plastic Bioplastic (Com)Promise plastic waste

So it’s necessary to also move towards a reduction in the amount of plastic we produce and use, regardless of where it comes from and how it is treated at the end of life?

Prevention and reduction are paramount to reduce plastic waste and leakage into the environment. At the same time, investments into sound waste management infrastructure across Europe as well as comprehensive projects to increase the consumers’ knowledge of correct disposal are necessary for the transition to a circular economy.

Bioplastics are presented as a green alternative to petroleum-based plastics, but they are nevertheless synthetic polymers, the production of which has an environmental cost and CO2impact. How do bioplastics fight climate change?

Using sustainably sourced feedstock that regrows on an annual basis and takes up carbon during its growth phase from the atmosphere is a major advantage compared to conventional fossil-based plastics. Carbon is ‘stored’ within the material and the product, which functions as a carbon sink. If the resources take up a certain amount of carbon and the production process of the material is efficiently designed, the carbon footprint of the material can be neutral or even negative, although the exact data for the proportion of bioplastics managing to achieve this at the moment is not available. If a product is then made out of the material, additional emissions accrue but the carbon footprint will still be decisively lower than for fossil processes. Making use of this emissions reduction and carbon storage potential is a major reason to use bio-based feedstock.

Bioplastics have come under fire for competing for sources of food and fuel, for having a toxicity potential equal to that of some petroleum-based plastics, and for presenting a potential threat to soil degradation. How does the bioplastic industry respond to such criticisms and how can these risks be counteracted?

This debate is highly sensitive and emotionally charged because of earlier similar debates around biofuels. Resource use for bio-based plastics has therefore been closely scrutinised, and certification schemes to ensure sustainable growth and good agricultural practice have been developed and are being successfully applied, for example the International Sustainability and Carbon Certificate (ISCC plus) scheme and the Roundtable on Sustainable Biomaterials (RSB). Next to environmental concerns, social aspects such as respect for land rights and working conditions are also covered in these schemes.

The actual land used to grow crops to produce biotechnological products is very small and will not increase significantly in the next five years. In 2017, the global production capacities of bioplastics amounted to 2.05 million tonnes. Approximately 0.82 million hectares of land were needed to grow the feedstock for these capacities, less than 0.02 per cent of the 5 billion hectare global agricultural area. Metaphorically speaking, this ratio correlates to the size of an average cherry tomato next to the Eiffel Tower. Assuming continued strong growth of the bioplastics market based on the current trajectory, a market of 2.44 million tonnes could be achieved by the year 2022, accounting for about 1.03 million hectares, which is about the size of the region of Flanders in Belgium.

Future competition about land with food and feed production is highly unlikely, as food, feed, and biotechnological products such as bio-based plastics are produced in an integrated way in biorefineries, where different products are gained from one plant. Also the diversity of input material for bio-based plastics production is important. Even though agricultural crops are the most efficient ones at the moment in terms of land use, yields, and bug-resilience, non-food crops such as forest resources or bio-waste can and partially already are valuable feedstocks for the production of bioplastic materials.

With regards to toxicity there are several EU control mechanisms to ensure that plastics are in line with environmental regulation and human health requirements. Approval under the EU chemical legislation REACH also applies to bio-based plastics. Food contact approval is relevant for all bioplastics made for wrapping or transporting food and drink. As they break down and transform in the environment, biodegradable plastics are especially scrutinised and have to fulfil additional ecotoxicity tests, such as those set out in the industrial composting standard EN 13432.

The EU Commission’s strategy on plastics declared it will continue investigative work into the life-cycle impacts of alternative feedstocks for plastics such as biomass, indicating potential support for the development of bioplastics in the future. How does European Bioplastics view both the Commission’s strategy and directive on single-use plastics?

We support the Commission’s Plastics Strategy, even though it could have been a bit stronger on identifying the useful compostable plastic products that it mentions. We count on this to be a deliverable of the near future. We also count on the Commission to create a level-playing-field with regard to its life-cycle assessments for different feedstocks and to challenge old and aggregated assessments based on virgin-fossil plastic.

With regard to the initiative on single-use plastics, we agree with the Commission’s statement in the corresponding roadmap that sound, land-based waste management is the key to avoid marine litter, but we do not see this strongly represented in the directive. For example, there is no assessment or prognosis of how the recently adopted waste legislative measures, such as furthering recycling, will impact today’s littering reality. Such an assessment would be necessary to develop further efficient actions that tie in with waste legislation. We agree that waste legislation is not the only point in the value chain where action is needed, but the proposal is vague on key points such as making ‘available more sustainable alternatives’. It also does not fully consider the reality of European consumption habits — which it could do with, for example, a full ban of single-use catering products.Sustainable Plastic Bioplastic (Com)Promise plastic waste

[1] These include Club Bioplastiques (France), Asso Bioplastiche (Italy), Holland Bioplastics (Netherlands), Asobiocom (Spain), Belgian Bio Packaging (Belgium), Nordisk Bioplastförening (Nordic countries), or the Biobased and Biodegradable Industries Association (UK).Sustainable Plastic Bioplastic (Com)Promise plastic waste

[2] The bioeconomy encompasses the sustainable production of renewable resources and their conversion into food, feed, fibres, materials (e.g. plastics), chemicals, and bioenergy through efficient and innovative technologies.

[3] Biowaste includes biodegradable garden, food, and kitchen waste from households or restaurants, caterers, and retailers.

Related Topics

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

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

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Plastic light versatile thermoplastics 80 % global plastics consumption

PARIS: Because of their role in global pollution, plastics are hugely controversial.

But the resilient, supple, light and malleable materials play a key role in our lives and, according to experts, will remain crucial for a long time to come.

Here are a few things to know about the world of plastic.

1. The classic production process involves the distillation and refining of fuel or natural gas, breaking down hydrocarbons.Plastic light versatile thermoplastics 80 % global plastics consumption

Various raw materials make up the building blocks of the resulting plastic. Monomers build more complex molecules called polymers — the scientific name for plastics.

There are two families of polymers.

Thermoplastics, accounting for some 80 per cent of global plastics consumption, melt when they are heated and then harden when cooled.

Then there are thermosets, which do not soften after moulding.

Plastic light versatile thermoplastics 80 % global plastics consumption

(FILES) In this file photo taken on September 19, 2016 plastic utensils are seen in Washington, DC. — AFP PHOTO

2. Five polymers account for the majority — 71 per cent — of global plastics consumption.

First, there is polyethylene, found above all in single-use packaging, then polypropylene, used in car bumpers, dashboards and drinking straws.

Next up is polystyrene, used for packaging, insulation panels and yoghurt pots.

There is also polyvinyl chloride — better known as PVC — used in windows and drains — and then polyethylene terephthalate (PET), commonly used for synthetic fibres or bottles.

3. There is much innovation in conventional plastics, with new properties being added to maximise performance.

Lighter is better, and slimming the volume of plastic is a constant challenge, not least to reduce the amount of plastic clogging the oceans and to wage war on waste.

But lighter plastic also means lighter finished products, including in transport.

“The need for (greater) lightness in auto transport is a massive innovation factor,” Christophe Cabarry, founder and president of SpecialChem, an online platform connecting sellers and buyers of chemicals and materials, told AFP.

A few grams a year are being shaved down, even on products as mundane as plastic bottles.Plastic light versatile thermoplastics 80 % global plastics consumption

4. The wait is on for the breakthrough of bioplastics — plastics made using biodegradable materials or natural recyclable materials.Plastic light versatile thermoplastics 80 % global plastics consumption

“There is much innovation in the sector,” says Cabarry.

But of the 2.05 million tonnes of bioplastics produced worldwide last year less than half was actually biodegradable, according to European Bioplastics, an industry association.

The association put their market penetration at barely 0.75 percent in 2017, owing to bioplastic’s much higher costs.Plastic light versatile thermoplastics 80 % global plastics consumption

Plastic light versatile thermoplastics 80 % global plastics consumption

Plastic plates and cups are seen at a Pingo Doce supermarket in Lisbon, Portugal. — REUTERS pic

5. Europe managed to re-use around 31 per cent of 26 million tonnes of plastics waste in 2016.Plastic light versatile thermoplastics 80 % global plastics consumption

“Europe has initiated a transition from a linear towards a circular and resource efficient society”, says the PlasticsEurope association of manufacturers.

But the rate in the United States is much lower, at 10 per cent, and across the world, only 9 per cent of the nine billion tonnes of plastic produced to date has been recycled, a recent UN report said.Plastic light versatile thermoplastics 80 % global plastics consumption

Some 12 million tonnes per year, mostly in the form of single-use packaging, are dumped into the world’s oceans, creating an ecological nightmare, according to Greenpeace. — AFP

Related Topics
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Report examines Insights Bio Succinic Acid Market

New report examines the Insights on the Bio Succinic Acid Market  Report examines Insights Bio Succinic Acid Market

Report examines Insights Bio Succinic Acid MarketA new research study from HTF MI with title EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market Report 2018 provides an in-depth assessment of the Bio Succinic Acid including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.

The research study provides forecasts for Bio Succinic Acid investments till 2023.

If you are involved in the Bio Succinic Acid industry or intend to be, then this study will provide you comprehensive outlook. It’s vital you keep your market knowledge up to date segmented by Food & Beverages, Pharmaceuticals & Industrial Applications, Petrochemical based Succinic Acid & Bio based Succinic Acid and major players. If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement.

The Study is segmented by following Product Type: Petrochemical based Succinic Acid & Bio based Succinic Acid Report examines Insights Bio Succinic Acid Market

Major applications/end-users industry are as follows: Food & Beverages, Pharmaceuticals & Industrial Applications

Geographically, this report is segmented into several key Regions such as Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran;, with production, consumption, revenue (million USD), and market share and growth rate of EMEA (Europe, Middle East and Africa) Bio Succinic Acid in these regions, from 2012 to 2022 (forecast)  Report examines Insights Bio Succinic Acid Market

Major companies covered in the report: BioAmber Inc, Myriant Corporation, BASF, DSM, Mitsui & Co. Ltd, Mitsubishi Chemical, Purac (Carbion NV), Gadiv Petrochemical Industries, Kawasaki Kasei Chemicals, Nippon Shokubai, PTT Global Chemical Public, Alpha Chemik, Jinan Huaming Biochemistry Co.,Ltd & Fuso Chemical

This study also contains company profiling, product picture and specifications, sales, market share and contact information of various international, regional, and local vendors of EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market. The market competition is constantly growing higher with the rise in technological innovation and M&A activities in the industry. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.  Report examines Insights Bio Succinic Acid Market

Some of the key questions answered in this report:
– Detailed Overview of EMEA (Europe, Middle East and Africa) Bio Succinic Acid market helps deliver clients and businesses making strategies.
– Influential factors that are thriving demand and constraints in the market.
– What is the market concentration? Is it fragmented or highly concentrated?
– What trends, challenges and barriers will impact the development and sizing of Bio Succinic Acid market?  Report examines Insights Bio Succinic Acid Market
– SWOT Analysis of each key players mentioned along with its company profile with the help of Porter’s five forces tool mechanism to compliment the same.
– What growth momentum or acceleration market carries during the forecast period?
– Which region is going to tap highest market share in future?
– What Application/end-user category or Product Type may see incremental growth prospects?  Report examines Insights Bio Succinic Acid Market
– What would be the market share of key countries like United States, France, UK, Germany, Italy, Canada, Australia, Japan, China or Brazil.?
– What focused approach and constraints are holding the market tight?

There are 15 Chapters to display the EMEA (Europe, Middle East and Africa) Bio Succinic Acid market.
Chapter 1, About Executive Summary to describe Definition, Specifications and Classification of Bio Succinic Acid market, Applications [Food & Beverages, Pharmaceuticals & Industrial Applications], Market Segment by Regions;
Chapter 2, to analyze objective of the study.
Chapter 3, to display Research methodology and techniques.
Chapter 4 and 5 , to show the Overall Market Analysis, segmentation analysis, characteristics;
Chapter 6 and 7, to show the Market size, share and forecast; Five forces analysis (bargaining Power of buyers/suppliers), Threats to new entrants and market condition;
Chapter 8 and 9, to show analysis by regional segmentation[Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran; ], comparison, leading countries and opportunities; Regional Marketing Type Analysis, Supply Chain Analysis
Chapter 10, focus on identifying the key industry influencer’s, overview of decision framework accumulated through Industry experts and strategic decision makers;
Chapter 11 and 12, Market Trend Analysis, Drivers, Challenges by consumer behavior, Marketing Channels and demand & supply.
Chapter 13 and 14, describe about the vendor landscape (classification and Market Positioning)  Report examines Insights Bio Succinic Acid Market
Chapter 15, deals with EMEA (Europe, Middle East and Africa) Bio Succinic Acid Market sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.   Report examines Insights Bio Succinic Acid Market

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Crude oil $80 barrel Alaska economy

Crude oil almost $80 a barrel   Crude oil $80 barrel Alaska economy

Crude oil $80 barrel Alaska economyJUNEAU — At last count, the price of Alaska North Slope crude was hovering just under $80 a barrel.Crude oil $80 barrel Alaska economy

That’s good news for Alaska’s economy.

 Add to that the Legislature’s decision to tap into the Alaska Permanent Fund’s earnings to pay the bills and the state is suddenly a lot closer to a balanced budget.

 “I saw one day where the Alaska oil price got slightly over $80 a barrel, but we’ve been in the high $70s for the last couple of weeks,” said Ken Alper, director of the tax division at Alaska’s Department of Revenue.Crude oil $80 barrel Alaska economy

Each time the price per barrel of oil climbs up, Alper has basically the same message.

 “It’s good for Alaska’s economy to have higher oil prices, there’s no question about that,” he said.Crude oil $80 barrel Alaska economy

 But, prices have to get higher — and stay higher — to have a lasting impact on the state’s budget.

 “Should the current prices hold, we will have our first balanced budget in several years for fiscal year ’19,” Alper said.

 Alaska could have a balanced budget next year if prices stay around $72 a barrel — that’s about $10 higher than the official forecast the Department of Revenue put out in March.

 That’s the point when the state starts bringing in enough revenue from oil to pay all the bills. Up until 2018, that break-even price was a lot higher, at more than $90 per barrel.

But, the Legislature’s decision to draw money from the permanent fund’s earnings last session gives the state an additional $1.7 billion to spend.  Now that the state is that much closer to a balanced budget, it takes a lot less oil revenue to close the gap.

Alaska’s Energy Desk is a public media collaboration focused on energy and the environment with partners KTOO in Juneau, Alaska Public Media in Anchorage, KUCB in Unalaska, Fairbanks Daily News-Miner in Fairbanks, KBRW in Utqiagvik and KYUK in Bethel.

Related Topics

-Here’s why oil’s surge is far from over, and $100 per barrel could be in the cards: RBC’s Helima Croft – Crude oil rallying $100 barrel wti

$60 a barrel ideal oil price for India as it will bring investments: HPCL ..  $60 barrel ideal oil price India Hindustan Petroleum Corporation

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Hormuz Strait Closure Could Cause Tension Iran OPEC

Hormuz Strait Closure Could Cause Extra Tension Between Iran, OPEC – Analyst   Hormuz Strait Closure Could Cause Tension Iran OPEC 

Source  : © AFP 2018 / ATTA KENARE
Hormuz Strait Closure Could Cause Tension Iran OPEC

Iranian President Hassan Rouhani has warned US President Donald Trump of the consequences of applying new sanctions against Tehran. Moreover, the Iranian president has stated that his country will stand firm against Washington’s threats.

Sputnik discussed this issue with Michael Poulsen, an oil analyst at Global Risk Management Ltd.

Michael Poulsen: Certainly not with any popularity in the countries, in the local community and in the Middle East.

But straight out war is probably a tad bit premature to estimate. But definitely a very significant event will happen and it’s something that will have a great impact on global oil prices.Hormuz Strait Closure Could Cause Tension Iran OPEC

Sputnik: How significant is the Strait of Hormuz? How much oil goes through Hormuz? Which countries would be affected and what kind of money are we talking about?Hormuz Strait Closure Could Cause Tension Iran OPEC

Michael Poulsen: It’s a great deal of money, it’s roughly 70 million barrels per day, depending on how we measure it, and it’s mostly seaborne.

Hormuz Strait Closure Could Cause Tension Iran OPEC
© AFP 2018 / HENGHAMEH FAHIMI
Iran’s Guards Say Strait of Hormuz for All or ‘No One’ Amid Looming US Sanctions

There are some various pipelines [that could serve] as alternative routes, but that’s not enough to technically offset a complete closure of Hormuz. In an absolute best-case scenario, maybe could divert 8-9 million barrels to various other pipelines, so it will take some time for it to be implemented but it would still lack almost 10 million barrels a day in the global oil market, which is quite significant.Sputnik: Which countries would be the most affected by this, both from the export side and the import side?

Michael Poulsen: It’s certainly the export side, there’s obviously people importing oil that would be able to get oil from strategic oil facilities around the globe and also that’s enough to at least keep things running for some time.Hormuz Strait Closure Could Cause Tension Iran OPEC

It depends, of course, on how long such a closure could take place.

Sputnik: What are you thinking in terms of oil markets? What kind of changes can we see in the price? What are the immediate effects that we would see?Michael Poulsen: The kneejerk reaction would most probably be upwards and depending on how it’s closed and what happens, that would determine how much we’re going to go up.Hormuz Strait Closure Could Cause Tension Iran OPEC

Iran has a capability to close the strait for a short period of time.

The US 5th Fleet is right in the neighborhood and they’re practicing pretty much every day for such an event. It’s something that could be reopened through force fairly quickly, depending on how things escalate, but for certain it will put a risk premium on tankers’ insurance and oil prices in general on a global scale.

Sputnik: How much would this affect the US and its oil markets?

Michael Poulsen: The US oil market alone would likely not [experience] the greatest effect [of] that, as we’re pretty much self-supplied at the moment, but if this had been 5 or 10 years ago, it would have been a completely different ballgame; but with shale oil production, it’s a little different for the US, so it won’t have a direct huge impact.

It would increase global prices and, as such, also in America, but that wouldn’t disrupt their supply situation.Hormuz Strait Closure Could Cause Tension Iran OPEC

Sputnik: As an OPEC member, what is this going to do with Iran’s OPEC membership status?Michael Poulsen: I would assume they would still stay a member of OPEC, because members of the OPEC organization have benefitted from being a member, but obviously there will be some extra tensions at the next meeting.

Sputnik: Is this realistic? It would seem that Iran would also be affected as far as their capability to sell oil, if this were the case. Do you think that the backlash from this for Iran would make it a very unfavorable decision?

Michael Poulsen: It’s not something that would benefit them. That would be rather depending on how it’s done, there would be another big backlash, as you mentioned.

Also depending on how it’s done, I don’t think the Iranian fleet wishes to engage in a straight-out confrontation with the US Navy in the area. That would most certainly end in one way, if you count the number of ships in the area of both sides.

Sputnik: You mentioned depending on how it would be done, what are the various scenarios that exist for blocking oil shipments through the Strait of Hormuz?Michael Poulsen: There’re of course mines that can be deployed, it would be practiced. The mines could be swept, but the big risk is then if there’s a single mine that’s forgotten or overlooked and an oil tanker hits it when the strait is reopened, then you have a rather big problem.

A second scenario could be to sink various vessels in the strait.

The views expressed in this article are solely those of Michael Poulsen and do not necessarily reflect the official position of Sputnik.

Related Topics

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

-Iran says Trump’s oil ban on Iran is ‘self harm’ — SHANA   Iran says Trump oil ban Iran self harm 

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Econic Technologies CO2 based polyols offers environmental benefits

Use of CO2-based polyols offers more than just environmental benefits   Econic Technologies CO2 based polyols offers environmental benefits

Econic Technologies, a UK cleantech company that has developed catalyst technology to unlock the positive potential of waste CO2 by allowing it to be incorporated as a feedstock, has published research demonstrating that the use of CO2-based polyols in rigid foam applications can boost the flame-retardant properties of these foams.

 Econic Technologies CO2 based polyols offers environmental benefitsEconic Technologies’ most recent innovation is tunable catalyst technology allowing bespoke amounts of CO2 to be incorporated into a polyol, delivering targeted benefits to end users. In a recent presentation from Mark Andrews, Senior Scientist, Econic Technologies, entitled: ‘Use of CO2 based polyether carbonate polyols to enhance fire resistance in Polyisocyanurate Rigid Foams’, this tunable catalyst system was shown to lead to a number of added benefits including enhanced fire performance, cost savings and improved processability.

Benefits of CO2 based polyols include:

• Enhanced performance improvements in fire resistance and heat generation, as well as a reduction in the volume and toxicity of smoke produced.
• Polyols produced using Econic’s tunable catalyst technology can be made with application specific viscosities, removing the need to blend the CO2 polyols with other conventional polyols, preserving maximum benefits of the CO2 incorporation.
• Rigid foam which contains 6 -10% of its mass as carbon dioxide can be made – this could lead to over half a million tonnes of CO2 capture and utilisation globally on an annual basis.
• Increased compatibility with pentane, one of the primary blowing agents used in the production of polyurethane rigid foam. This enables improved processing and lower density products, delivering potential manufacturing cost savings.
• Lower hydroxyl values than benchmarks, enabling isocyanate savings, allowing lower isocyanate usage, generating further cost savings as well as a reduction of harmful chemical handling in the processing stage.

As Mark Andrews, Senior Scientist at Econic Technologies, commented:
“Now that we have discovered that the use of CO2-based polyols in rigid foam applications not only improves flame retardance, but also cuts toxic smoke emissions and allows for the direct control of polyol viscosity, we hope to help manufacturers improve the safety and longevity of their products, in addition to speeding up the manufacturing process and lowering costs – all of which has the potential to dramatically change polyurethane products for the better.”

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Related Topics

Beaulieu International CO2 emissions : Waterway transport

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OPEC Organization Petroleum Exporting Countries crude oil market

OPEC is about to make a major oil market decision. Here’s how next week’s meeting could end  OPEC Organization Petroleum Exporting Countries crude oil market 

  • OPEC, Russia and other producers are widely expected to begin easing their deal to limit output at a meeting in Vienna next week.
  • The gathering is shaping up to be a contentious event, with lines drawn between countries that can benefit from an output boost and those with little to gain.
  • Despite the discord, analysts think OPEC will reach a deal to moderately raise output over several months, with an option to hike further.
Source : Tom DiChristopher | 

OPEC Organization Petroleum Exporting Countries crude oil market

Akos Stiller | Bloomberg | Getty Images
Khalid Bin Abdulaziz Al-Falih, Saudi Arabia’s energy minister and president of OPEC, speaks as Alexander Novak, Russia’s energy minister, left, listens during a news conference following the 172nd Organization of Petroleum Exporting Countries (OPEC) meeting in Vienna, Austria, on Thursday, May 25, 2017.

A meeting of the world’s biggest oil producers is shaping up to be a contentious event, but analysts think the fractious group will reach consensus on their historic agreement to manage the crude market.OPEC Organization Petroleum Exporting Countries crude oil market 

OPEC and other exporters including Russia appear poised to ease voluntary production limits, which have helped shrink a global oil glut since they went into effect in January 2017. The deal isn’t set to expire until the end of the year, but rising prices fueled largely by geopolitical risks have forced the producers to consider their exit strategy.

The agreement calls on OPEC and other producers to keep 1.8 million barrels a day off the market, but they’ve actually been cutting deeper than that.

OPEC meetings are closely watched because the producer group pumps about 40 percent of the world’s oil, so its policy decisions can have major implications across the energy mix. President Donald Trump, perhaps wary of the average U.S. gasoline price hovering near $3 a gallon, has recently blamed OPEC for oil prices, which recently hit 3-½ year highs.OPEC Organization Petroleum Exporting Countries crude oil market 

Next week’s meeting is also thornier than past gatherings because OPEC’s current production cuts are not limited to the 14-nation club. Russia and several other producers have also been throttling back output, and top OPEC producer Saudi Arabia needs to keep the young alliance together, or its ability to manage the market would be diminished.

The Saudis will have to consider their partnership with Russia, their relationship with the United States and simmering tensions with Iran, OPEC’s third-biggest producer and Riyadh’s chief regional rival.OPEC Organization Petroleum Exporting Countries crude oil market 

“The decisions that are going to be made in Vienna are going to be more geopolitical this time than normal,” said Dan Yergin, vice chairman of IHS Markit and a Pulitzer Prize-winning chronicler of the petroleum industry.

“You do not want to give Jeff Bezos a seven-year head start.”
Hear what else Buffett has to say

OPEC tensions rise

Heading into the meeting, a rift has opened among producers with competing interests, raising fears of a repeat of OPEC’s June 2011 meeting, when members left Vienna without agreeing on a shared output policy.

Saudi Arabia and Russia, in particular, have spare capacity and could capture market share by pumping more. Both have expressed support for hiking output.

However, many producers are tapped out and would prefer to hold back supply, which supports prices. Those nations include Venezuela, where output has cratered amid a prolonged economic crisis, and Iran, which is facing renewed U.S. sanctions aimed at cutting off its oil exports.OPEC Organization Petroleum Exporting Countries crude oil market 

But they also include Iraq, OPEC’s second biggest producer. On Monday, Iraq’s oil minister Jabbar al-Luaibi said hiking output could “damage the international markets” and warned unilateral efforts by some members to change the policy might violate the deal.

Luaibi appeared to be responding to reports that Washington asked Saudi Arabia to fill the gap left by a drop in Iranian exports before Trump abandoned the Iran nuclear deal and slapped wide-ranging sanctions on the country.OPEC Organization Petroleum Exporting Countries crude oil market 

Yergin said he believes the Saudis would back a policy that keeps international benchmark Brent crude oil prices in the $75-$85 per barrel range, which would support their objectives, including maintaining close ties with the Trump administration.

“They really wanted to see the U.S. withdraw from the Iranian deal, and that means less Iranian oil … so you have to put more oil into the market,” he told CNBC on Wednesday.

Deal remains likely

The public bickering could continue as members aim to negotiate the best possible deal for their country. But despite the discord, analysts think the group will nevertheless reach a deal to begin easing the production caps — and any increase will likely be relatively limited and gradual.

Ed Morse, Citigroup’s head of global commodities research, told CNBC that the Saudis, along with Kuwait and the United Arab Emirates, will likely push for a 500,000 barrels per day hike, leaving another half a million barrel increase until a future review of the market, perhaps in September.OPEC Organization Petroleum Exporting Countries crude oil market 

That aligns with the view at RBC Capital Markets, where Global Head of Commodity Strategy Helima Croft also sees OPEC erring on the side of caution with a 500,000 bpd bump. She thinks OPEC will signal a strong willingness to take further action, but she remains wary of tensions ahead of the meeting.

OPEC may boost production as the oil market is very tight: Expert  

“Nonetheless, we could envision a scenario where the meeting proves to be so antagonistic because of deep divisions over production and sanctions that they fail to reach a consensus, leaving big producers like Saudi Arabia and Russia to act on their own,” RBC said in a research note.

Michael Cohen, head of energy markets research at Barclays, says that would push oil prices into the $80-$85 range, but he thinks the scenario is unlikely. He forecasts OPEC will increase output by 700,000 to 800,000 bpd through the end of the year. If that happens, Barclays would stick to its view that Brent will average $70 a barrel this year and $65 next year.

Francisco Blanch, Bank of America Merrill Lynch’s head of global commodities, sees Russia, Saudi Arabia, UAE and Kuwait gradually increasing output by about 200,000 bpd each quarter, eventually adding 1.2 million bpd by the end of next year. In his view, the producers will make the adjustments based on oil market data to prevent a price spike.

“If the cartel aggressively lifts output over the next six months, balances will quickly shift into a surplus, pushing prices lower,” Merrill Lynch said in a research note. “Yet the uncertainty around Iran and Venezuela also creates a difficult path ahead, as it opens the door to multiple OPEC+ responses.”

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