Chinese paraxylene buyers USA trade war

Chinese paraxylene buyers do not want to receive goods from the US  Chinese paraxylene buyers USA trade war

 Chinese paraxylene buyers USA trade warMOSCOW – Chinese buyers of paraxylene do not want to receive materials from the US because of the ongoing trade conflict between the US and China, ICIS reports citing market participants. Chinese paraxylene buyers USA trade war

This may lead to some problems with logistics, since in September – early October, China is expected to supply several batches of paraxylene from the US, which were purchased in the second half of August Chinese paraxylene buyers USA trade war

Some buyers in China do not want to accept material from the US, unless sellers are willing to pay the tariffs. At the same time, sellers do not have many options, as China is a key importer of paraxylene. Chinese paraxylene buyers USA trade war

China usually imports an average of 1.3 -1.4 million tons of paraxylene per month, with the US material usually accounting for about 1-2% of the total import of paraxylene.

Paraxylene is a raw material for the synthesis of terephthalic acid – a semi-product for the production of polyethylene terephthalate (PET).

According to the ScanMap of the company MRC, in Russia the estimated PET consumption in July of this year increased by 2% compared to the previous year.

In total, in the first seven months of this year 387.29 thousand tons of PET were processed in Russia. Chinese paraxylene buyers USA trade war

During the reporting month, Russian plants produced 52.90 tons of material. The volume of production of PET granulate in July compared to last year increased by 2%.

For the period January-July, the production of Russian PET practically did not change – 334.74 thousand tons in 2018 against 331.39 thousand tons in 2017.

mrcplast.ru

Author:                Anna Larionova

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USA antidumping duties South Korean PET resin

U.S. finalizes anti-dumping duties on S. Korean PET resin USA antidumping duties South Korean PET resin

SEOUL (Yonhap) — The United States Department of Commerce has set anti-dumping duties on polyethylene terephthalate (PET) resin from South Korea and four other nations, its website showed Wednesday.USA antidumping duties South Korean PET resin

The commerce department said PET resin products imported from South Korea, Brazil, Indonesia, Pakistan and Taiwan were sold at “less than fair value rates” in the U.S. market, finalizing anti-dumping tariffs ranging from 5.16 percent to 275.89 percent.

Under the decision, South Korean exporters will be assessed duties of 8.23-101.41 percent on PET resin sold in the U.S. market.USA antidumping duties South Korean PET resin

The U.S. imported $24 million worth of PET resin from South Korea in 2016 and the amount jumped to $127.3 million in 2017, according to the commerce department.

PET resin is mainly used to make bottles, jars, containers and various other packaging applications.

USA antidumping duties South Korean PET resin

ejkim@yna.co.kr

 

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Industrial Revolution Plastics Biobased bioplastics

A New Industrial Revolution for Plastics  Industrial Revolution Plastics Biobased bioplastics

Posted by Kate Lewis, USDA BioPreferred Program in Biotechnology
Industrial Revolution Plastics Biobased bioplastics
Bioplastics are all around us. Learn more about bioplastics at biopreferred.gov.

Remember “plastics make it possible!” – the advertisement campaign from the 1980s? There’s a new kind of plastic in town 30 years later – bioplastics.

Biobased bioplastics are plastics made from renewable resources – agricultural feedstocks such as corn, soybeans, or sugarcane. The starches, oils, and sugars from these feedstocks are extracted, modified, and used as the chemical building blocks for these new bioplastic products.Industrial Revolution Plastics Biobased bioplastics

This is valuable because these feedstocks are sources of “new” carbon because of their renewability.Industrial Revolution Plastics Biobased bioplastics

Petroleum/oil-based products contain “old” carbon. The amount of new carbon in a product can be an important measurement for the product’s sustainability.

Bioplastics can also be made from used cooking oil, straw, food waste, and natural gas. These second-generation feedstocks used for bioplastic products are gaining in popularity.

Bioplastics may also be defined and identified by their end-of-life attributes or benefits. One of these is compostable bioplastic, designed to biodegrade during industrial composting into biomass, water, and carbon dioxide.Industrial Revolution Plastics Biobased bioplastics

Diversion of organic wastes to composting is expanding across the country – there are currently 4,700 industrial composting facilities in the U.S. that compost yard trimmings, food scraps, biosolids, and bioplastics, etc.

These composting facilities manufacture valuable soil amendments for use in agriculture and other applications.Industrial Revolution Plastics Biobased bioplastics

It’s important to note that bioplastic products may be biobased and/or biodegradable, as these attributes do not mean the same thing.

Traditional oil-based plastics – a part of nearly everything we touch and use each day from machine parts, computers, toys, to product packaging – are made from nonrenewable petroleum. 300 million metric tons of these plastics are produced globally per year.

More and more companies are processing renewable feedstocks into chemical components and biobased resins, and more companies are making bioplastic products and packaging.

While bioplastics currently make up less than 1 percent of the traditional plastics market, the opportunity for future global growth is large.

Growth in bioplastics from 2013-2017 is 29 percent; global growth in bioplastics is expected to grow at a pace of 18 percent between 2017 – 2022.

As agricultural crop yields continue to increase, this kind of bioplastic product and market development is a promising avenue for the use of these commodities.

USDA offers a range of support and programs to increase the research, development and buyer/consumer awareness of bioplastics.

Agricultural Research Service (ARS) scientists developed a way for crop residue enzymes (from cornstalks, straw, and sugarcane bagasse) to work more effectively to convert sugars into compounds.

Those compounds are the building blocks in the sustainable manufacture of nylon plastics. Heat-resistant and nonconductive, nylon plastics are used for screws, nuts, bolts, and other products in the manufacture of electronics.

Much of the food we eat is wrapped in oil-based plastic packaging, which while reducing spoilage, and food waste, is not traditionally biobased or compostable.

ARS scientists developed a biobased, compostable, and edible film from casein, a milk protein made from expired milk.Industrial Revolution Plastics Biobased bioplastics

The new film protects food from damaging oxygen 500 times more effectively than petroleum-based plastic, making it significantly better at keeping foods fresher for even longer periods of time.Industrial Revolution Plastics Biobased bioplastics

The milk-based film is versatile and can be made into pouches that dissolve in hot water. This cost-effective, biobased, and compostable milk-protein film is currently being tested by a major U.S. soup company.

The global bioplastic packaging market is expected to grow at a pace of 18 percent between 2017-2025.

USDA’s BioPreferred Program works to increase the purchase and use of biobased products through federal procurement and a certification and labeling initiative.

The program helps federal agencies meet statutory mandates to increase the specification and purchase of biobased products, including bioplastics where applicable.

The program’s USDA Certified Biobased Product label is a market development initiative to increase consumer and buyer recognition, and the purchase of bioproducts.

Intermediate chemical manufacturers, bioplastic resin manufacturers, and global consumer product companies launching new bioplastic products may third-party test and certify the new carbon content of their bioplastics.

After doing so, these products are identified as USDA Certified Biobased Products and feature a label for easy identification and purchase by buyers and consumers.

Since 2011, the first year of USDA’s certification initiative, more than 100 bioplastic resins are identified as USDA Certified Biobased Products.

Bioplastic resin is the upstream ingredient that is manufactured into the 200 USDA Certified Biobased packaging and bioplastic products currently on the market.

There are numerous benefits of bioplastics. Bioplastics help reduce fossil fuel use, lessen the carbon footprint of the conventional products they replace, and, in aggregate use, may mitigate the effects of climate change.

Compostable bioplastics reduce municipal landfill waste by facilitating the diversion of food scraps and nonrecyclable food-soiled packaging. Bioplastics can provide the same, if not better, performance than traditional oil-based plastics. Now, bioplastics are making it possible.

Category/Topic: Biotechnology
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Plastic chemicals biobased plastic additives 20-09-2018

-Alibaba’s Jack Ma says it can’t create 1 million jobs in U.S. due to Trump’s China tariffs

Last year, Chinese online sales giant Alibaba said it could create 1 million jobs in the United States over the next five years by building a marketplace where American small businesses could sell to China’s burgeoning middle class.

Now Alibaba Chairman Jack Ma says with U.S.-China trade becoming increasingly contentious, the promise cannot be fulfilled.

In an interview Wednesday with Xinhua, the official state-run press agency of the People’s Republic of China, Ma said the idea was premised on a friendly U.S.-China partnership and rational trade relations.

Plastic chemicals biobased plastic additives

Alibaba Executive Chairman Jack Ma

-How Asian companies are navigating the trade war

More production shifts from China to Southeast Asia as tariffs mount

Every time American lawmakers tried to crack down on cheap Chinese aluminum over the last decade, the leaders of China Zhongwang Holdings seemed to find a way to keep their products flowing into the U.S.

When Washington imposed “anti-dumping” rules on the aluminum it produced for window and door frames in 2009, the company began exporting another product that wasn’t covered by the regulations. After the U.S. clamped down on Chinese metal producers again in 2016, the company bought Germany’s Aluminiumwerk Unna and began shipping products to America from there.

Plastic chemicals biobased plastic additives

-China – Polyethylene terephthalate is always in downward,only PTA and MEG seem to stabilize

PET Bottle grade export 1,270/1,315 $/ton – PET Bottle grade domestic market 10,000/10,150 yuan/ton – PET Filament grade domestic market 9,800/10,000 yuan/ton

PTA Taiwan 1,020/1,040 $/ton – PTA domestic market 7,650/7,800 yuan/ton – MEG $ 860/875 $/ton – MEG domestic market 7,050/7,300 yuan/ton – PX Korea 1,240/1,250 $/ton

POY 150D/48F  domestic market 11,300/11,400  yuan/ton – DTY 150D/48F  domestic market 12,750/12,900  yuan/ton – PSF domestic market 10,800/10,950  yuan/ton

Plastic chemicals biobased plastic additives

-Chinese paraxylene buyers do not want to receive goods from the US 

Chinese buyers of paraxylene do not want to receive materials from the US because of the ongoing trade conflict between the US and China, ICIS reports citing market participants.

This may lead to some problems with logistics, since in September – early October, China is expected to supply several batches of paraxylene from the US, which were purchased in the second half of August

Plastic chemicals biobased plastic additives

-Crude Oil Prices Trend

Plastic chemicals biobased plastic additives

-U.S. finalizes anti-dumping duties on S. Korean PET resin 

The United States Department of Commerce has set anti-dumping duties on polyethylene terephthalate (PET) resin from South Korea and four other nations, its website showed Wednesday.

The commerce department said PET resin products imported from South Korea, Brazil, Indonesia, Pakistan and Taiwan were sold at “less than fair value rates” in the U.S. market, finalizing anti-dumping tariffs ranging from 5.16 percent to 275.89 percent.

Plastic chemicals biobased plastic additives

-US-China trade war creating side effects for global oleochemicals market

The trade war between the US and China is already having side effects on the global oleochemicals market, industry sources said on Wednesday.

This side effect comes despite most oleochemicals not being directly impacted by the two countries’ trade tariffs imposed on each other.

While the export taxes being implemented by the US and China would only directly impact fatty acids being sent from China to the US, other oleochemicals are feeling the pinch from the escalating conflict, according to the president for North America at IP Specialities, an oleochemicals producer based in Ohio, US.

Plastic chemicals biobased plastic additives

-Europe PBT Q4 prices under upward pressure on feedstocks, rising Asian values

European polybutylene terephthalate (PBT) fourth-quarter  (Q4) contract prices are under upwards pressure on the back of increases in feedstock and Asian values.

Both upstream paraxylene (PX) and purified terephthalic acid (PTA) prices have increased in Europe, which could result in PBT values rising in the final quarter of the year, one producer said.

PBT spot prices have also been rising in Asia on the back of pressure from PX and PTA higher costs, which could also put upward pressure on Europe’s values.

Plastic chemicals biobased plastic additives

-ExxonMobil latest US producer to announce additional October PE price hike: letter

ExxonMobil Chemical on Tuesday became the latest producer to announce additional North American polyethylene price increases for October, according to a letter to customers obtained by S&P Global Platts.

Register Now  ExxonMobil plans to raise its October prices by 3 cents/lb for all grades of polyethylene, in addition to a 3-cent increase being sought for September, the letter said.

The move is similar to an increase announced Monday by Equistar Chemicals. Ineos Olefins & Polymers USA last week told customers it would raise its October prices for high density polyethylene by 2 cents/lb in October, on top of a previously announced 3-cent increase for September.

Plastic chemicals biobased plastic additives

-New technology planned for Alpha oil shale project

Greenvale Energy Ltd., Sydney, has appointed consulting firm SRK Consulting (Australasia) Pty. Ltd. to progress development of the Alpha oil shale project in central Queensland inland from Rockhampton using a radio frequency (RF) microwave extraction technique.

The Alpha torbanite deposit is in mineral development lease 330 and contained within the late Permian-age Colinlea sandstone in the Galilee basin.

Key features of the development plan are focused on lowering the initial project capital costs and achieving the lowest possible oil-recovery costs.

The RF process entails low-pressure microwave heating, which Greenvale declares is environmentally benign. The technique combines RF heating and critical liquid driving where critical fluid technology uses the solvent properties of gases compressed at their critical point.

Plastic chemicals biobased plastic additives

-Maryland plastics sortation plant will not reopen

QRS Recycling Baltimore facilityAn idled plastics recovery facility is being dismantled and its components sold, after efforts to reopen it for the past year have not panned out.

The former joint-venture QRS Recycling plant in Dundalk, Md. suspended operations in August 2017. Operators of the facility, which accepted mixed-plastic bales and separated them into individual resin and color streams, have since been working to bring the plant back on-line with a new investment partner.

But more a year after the plant was idled, those efforts have been scrapped.

“After a multitude of discussions with a multitude of various parties to try to keep the operation running in place, we were unable to structure a transaction with anybody,” said Jonathan Sloan, president of Canusa Hershman Recycling, in an interview with Resource Recycling.

Plastic chemicals biobased plastic additives

-How slick water and black shale in fracking combine to produce radioactive waste

Research papers explain the transfer of radium during hydraulic fracturing for oil and gas

Radioactivity in fracking wastewater comes from the interaction between a chemical slurry and ancient shale during the hydraulic fracturing process, according to Dartmouth College research.

The study, detailed in twin papers appearing in Chemical Geology, is the first research that characterizes the phenomenon of radium transfer in the widely-used method to extract oil and gas. The findings add to what is already generally known about the mechanisms of radium release and could help the search for solutions to challenges in the fracking industry.

Plastic chemicals biobased plastic additives

Radium from within rock leaches from clay minerals that transfer highly radioactive radium-228 and an organic phase that serves as the source of radium-226. Credit: Joshua D. Landis

-US shale oil production to rise to 7.6 million bpd

Oil output from seven major shale formations in the United States is expected to rise by 79,000 barrels per day to 7.6 million bpd in October, the US Energy Information Administration said Monday.

Surging oil output from shale formations boosted total US crude production to a record high of nearly 10.7 million barrels a day in June, the latest month for which data is available.

Production is expected to rise 31,000 bpd in the Permian formation of Texas and New Mexico, the agency said in a monthly report.

Plastic chemicals biobased plastic additives

-Clariant and SABIC announce speciality chemicals JV

Clariant and its major shareholder, SABIC, have announced they are to collaborate on the creation of a new speciality chemicals joint venture in high performance materials.

The move would combine Clariant’s existing additives and high value masterbatch division with parts of SABIC’s specialities business – comprising its ULTEM and NORYL resins, and its families of LNP compounds and copolymers -to form the new ‘High Performance Materials’ platform.

Clariant will have the majority stake in the intended business combination. Once it is established, Clariant’s remaining Plastics and Coatings business (for pigments, standard masterbatches and medical specialities) will be divested.

The companies hope the new division will generate annual sales of CHF 9 billion (approx.. GBP £7.1 billion).

-U.S. Shale Oil Production Beats Estimates Again

Crude oil production in the U.S. shale patch will hit 7.59 million bpd next month, the Energy Information Administration said in its latest Drilling Productivity Report. This is 79,000 bpd more than this month’s estimated production.

The biggest increase, once again, will come from the Permian, where producers will add 31,000 bpd to overall daily production from the current 3.427 million bpd to 3.458 million bpd.

The second-largest contributor to the monthly increase will be the Eagle Ford, where the EIA estimates production will rise by 16,000 bpd to 1.449 million bpd in October.

Plastic chemicals biobased plastic additives

-Outlook Plus Latin America 2019 returns to Brazil

Hosted by INDA and EDANA, Outlook Plus Latin America (OPLA) will return to Brazil for the third edition from 7-9 May 2019. The conference will examine the economic outlook, market statistics and the latest products and trends for the hygiene, personal care, and medical market sectors.

The event, to be held at the Sheraton Sao Paulo WTC Hotel, and will also feature a tabletop exhibition with local and international companies showcasing products and services. For the first time, this edition of OPLA will also cover developments in nonwoven filter media, an important and growing sector in Latin America.

Plastic chemicals biobased plastic additives

-Behold, the eco-friendly flat wine bottle

A flat wine bottle designed to fit through mail slots and letterboxes for deliveries in the UK has been given a nod at a packaging and design awards.

Made with 100 per cent recycled PET (polyethylene terephthalate), the bottle design by Garcon Wines in the UK is touted as a shatterproof, eco-friendly alternative to heavy glass bottles that reduces shipping, weight and delivery costs.

Plastic chemicals biobased plastic additives

-THE BUSINESS CASE FOR GREEN PACKAGING: 6 POINTS ON SUSTAINABILITY, THE CIRCULAR ECONOMY & PLASTIC WASTE

Dr Thomas Reiner, chair of the Deutsches Verpackungsinstitut, CEO of design agency Berndt+ Partner and a member of the judging panel for the 2018 Sustainability Awards, speaks to Elisabeth Skoda about the environmental challenges facing packaging today.

Plastic chemicals biobased plastic additives

-Investors get comfortable with Brent crude at $80 a barrel

Traders and investors have loaded up on bullish Brent oil bets this week, after signals that Saudi Arabia is in no rush to increase production, even with the price near $80 and as buyers grow uneasy over the impact of U.S. sanctions on Iranian supply.

Data from the InterContinental Exchange shows that open interest in buy, or call, options at $80 and $85 a barrel that expire on Sept. 25 has jumped nearly 45 percent in two days.

Plastic chemicals biobased plastic additives

-Kraig speeds up recombinant spider silk fibres production

Kraig Biocraft Laboratories, the leading developer of spider silk based fibres, has announced that it has implemented two major advancements in the development of next generation recombinant spider silk fibres. These advancements are the result of new equipment and recently employed protocols, at the company’s R&D headquarters, based in Michigan.

Plastic chemicals biobased plastic additives

-A New Industrial Revolution for Plastics  Industrial Revolution Plastics Biobased bioplastics

Remember “plastics make it possible!” – the advertisement campaign from the 1980s? There’s a new kind of plastic in town 30 years later – bioplastics.

Biobased bioplastics are plastics made from renewable resources – agricultural feedstocks such as corn, soybeans, or sugarcane. The starches, oils, and sugars from these feedstocks are extracted, modified, and used as the chemical building blocks for these new bioplastic products.

Plastic chemicals biobased plastic additives

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