Polymers ACN Nylon Petrochemicals Prices

Polymers ACN Nylon Petrochemicals Prices

        Polyestertime

ITEM17/09/201825/09/2018+/-
Bottle grade PET chips domestic market

 

10,750 yuan/ton10,000 yuan/ton-750
Bottle grade PET chips export market

 

1,340 $/ton1,310 $/ton-30
Filament grade Semidull chips domestic market

 

10,700 yuan/ton9,875 yuan/ton-825
Filament grade bright chips domestic market

 

10,650 yuan/ton9,850 yuan/ton-800
Pure Terephthalic Acid PTA domestic market

 

8,660 yuan/ton7,850 yuan/ton-810
Pure Terephthalic Acid PTA export market

 

 1,050 $/ton 1,040 $/ton-10
Monoethyleneglycol MEG domestic market

 

7,300 yuan/ton7.140 yuan/ton-160
Monoethyleneglycol MEG export market

 

 887 $/ton 870 $/ton-17
Paraxylene PX FOB  Korea market

 

 1,344 $/ton 1,268 $/ton-76
Polyester filament POY 150D/48F domestic market

 

 11,850 yuan/ton 11,200 yuan/ton-650
Recycled Polyester filament POY  domestic market 10,200 yuan/ton 9,900 yuan/ton-300
Polyester filament DTY 150D/48 F domestic market

 

13,100 yuan/ton 12,650 yuan/ton-450
Polyester filament FDY 68D24F domestic market

 

13,100 yuan/ton 12,600 yuan/ton-500
Polyester filament FDY 150D/96F domestic market

 

11,850 yuan/ton11,400 yuan/ton-450
Polyester staple fiber 1.4D 38mm domestic market

 

11,270 yuan/ton10,820 yuan/ton-450
Caprolactam CPL domestic market

 

18,100 yuan/ton18,250 yuan/ton+150
Caprolactam CPL overseas  market

 

2,150 $/ton2,170 $/ton+20
Nylon6 chips overseas  market

 

2,470 $/ton2,470 $/ton 
Nylon6 chips conventional spinning domestic  market

 

19,450 yuan/ton19,150 yuan/ton-300
Nylon6 chips  high speed spinning domestic  market

 

19,600 yuan/ton19,600 yuan/ton 
Nylon66 chips domestic  market

 

40,000 yuan/ton40,000 yuan/ton 
Nylon6 Filament POY 86D/24F domestic  market

 

22,050 yuan/ton22,200 yuan/ton+150
Nylon6 Filament DTY 70D/24F domestic  market

 

25,000 yuan/ton25,100 yuan/ton+100
Nylon6 Filament FDY  70D/24F  domestic  market

 

24,000 yuan/ton24,100 yuan/ton+100
Spandex 40D  domestic  market

 

 34,200 yuan/ton34,200 yuan/ton 
Adipic Acid domestic market

 

10,550 yuan/ton10,500 yuan/ton-50
Benzene domestic market

 

6,870 yuan/ton6,950 yuan/ton+80
Benzene overseas  market

 

847 $/ton843 $/ton-4
Ethylene South East market

 

1,195 $/ton1,160 $/ton-35
Ethylene NWE  market

 

1,172 $/ton1,160 $/ton-12
Acrylonitrile ACN  domestic market

 

19,100 yuan/ton19,100 yuan/ton 
Acrylonitrile ACN  overseas market

 

2,230 $/ton2,230 $/ton 
Acrylic staple fiber ASF  domestic market

 

20,800 yuan/ton20,800 yuan/ton 
Viscose Staple Fiber VSF  domestic market

 

15,100 yuan/ton15,100 yuan/ton 
PP Powder domestic market

 

10,150 yuan/ton10,450 yuan/ton+300
Naphtha overseas market         

 

683 $/ton699 $/ton+16
Phenol domestic market 11,300  yuan/ton11,400 yuan/ton

 

+100
PS Taiwan 5250 GPPS1,495 $/ton1,495 $/ton

 

 
PS Taiwan 8250 HIPS1,550 $/ton 1,560 $/ton

 

+10
LDPE CFR Far East

 

1,117 $/ton1,117 $/ton 
LLDPE CFR Far East

 

1,090 $/ton 1,114 $/ton+24
LDPE   FOB Middle East

 

1,094 $/ton1,102 $/ton+8
LLDPE FOB Middle East

 

1,067 $/ton1,092 $/ton+25
HDPE CFR Far East

 

1,247 $/ton 1,262 $/ton+15
Homopolymer PP CFR Far East

 

 1,232 $/ton 1,232 $/ton
Homopolymer PP FD NWE

 

1,262 €/ton 1,259 €/ton-3

Polymers ACN Nylon Petrochemicals Prices

Polymers ACN Nylon Petrochemicals Prices Polymers ACN Nylon Petrochemicals Prices Polymers ACN Nylon Petrochemicals Prices Polymers ACN Nylon Petrochemicals Prices Polymers ACN Nylon Petrochemicals Prices 

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Indorama Ventures Loop Industries Polyester Recycling

Indorama Ventures and Loop Industries JV to Introduce New Era in Pet and Polyester Recycling Indorama Ventures Loop Industries Polyester Recycling

Indorama Ventures Loop Industries Polyester Recycling

Mr. Aloke Lohia

By GlobeNewswire,  

BANGKOK, Thailand, and MONTREAL(GLOBE NEWSWIRE) —

 

 

Indorama Ventures’ world-class manufacturing and Loop’s state-of-the-art recycling technology combined to invest in multi-billion dollar sustainable PET resin and polyester market opportunity  Indorama Ventures Loop Industries Polyester Recycling

  • Demand for supply of sustainable PET sees explosive growth from beverage and consumer packaged goods companies adopting significant circular and sustainable packaging targets
  • Indorama Ventures/Loop Industries partnership plan to begin production in Q1 2020

Indorama Ventures Public Company Limited (Bloomberg ticker IVL.TB), one of the world’s leading petrochemical companies, and Loop Industries, Inc. (Nasdaq:LOOP), a leading technology innovator in sustainable plastic resin and polyester today announced a joint venture to manufacture and commercialize sustainable polyester resin to meet the growing global demand from beverage and consumer packaged goods companies.

This partnership brings together Indorama Venture’s world-class manufacturing footprint and Loop’s proprietary science and technology to become a reliable world leader in the ‘circular’ economy for 100% sustainable and recycled PET resin and polyester fiber.

The Indorama Ventures/Loop Industries partnership launches a commercial solution for consumer packaged goods companies in response to the rapid growth in global plastic consumption for which there is a great need to responsibly collect and reuse these materials. Indorama Ventures Loop Industries Polyester Recycling

Through this joint venture, Indorama Ventures and Loop Industries will be able to perpetually recycle the ever increasing amounts of PET plastic and polyester fiber proving the promise of and encouraging the shift to a circular economy.

The 50/50 joint venture will have an exclusive world-wide license to use Loop’s technology to produce 100% sustainably produced PET resin and polyester fiber with plans to begin commercial production in Q1 2020.Indorama Ventures Loop Industries Polyester Recycling

The production from the facility will be fully subscribed by leading global consumer brands.

Commenting on this new venture, Group CEO of Indorama Ventures, Aloke Lohia, said, “At Indorama Ventures, we continue to pursue the right opportunities to fill gaps that are intrinsic to our sustainable and profitable business by deploying resources in order to support the circular economy.Indorama Ventures Loop Industries Polyester Recycling

This joint venture with Loop Industries emphasizes our belief in recycling and is aimed at investing in new technologies that can steer further our aspiration of being a world-class chemical company making great products for society.”

“We are excited to launch this partnership with Indorama Ventures, who provide a global leadership platform in petrochemical manufacturing and a shared commitment to sustainability.Indorama Ventures Loop Industries Polyester Recycling

This joint venture combines each of our companies’ area of expertise so that we may both play a leading role in the global shift by business and consumers to the circular economy,” said Daniel Solomita, Founder and CEO of Loop Industries.

“This is a first strategic step in our global commercialization plan and mission to accelerate the world’s shift toward sustainable plastic and away from the traditional, take, make and dispose economy.”Indorama Ventures Loop Industries Polyester Recycling

About Indorama Ventures

Indorama Ventures Public Company Limited, listed in Thailand (Bloomberg ticker IVL.TB), is one of the world’s leading petrochemicals producers, with a global manufacturing footprint across Africa, Asia, Europe and the Americas.

The company’s portfolio comprises Necessities and High Value-Added (HVA) categories of Polymers, Fibers and Packaging, selectively integrated with self-manufactured Ethylene Oxide/Glycols and PTA where economical.

Indorama Ventures products serve major FMCG and Automotive sectors, i.e. Beverages, Hygiene, Personal Care, Tire and Safety segments. Indorama Ventures has approx. 16,000 employees worldwide and consolidated revenue of US$ 8.4 billion in 2017.

The Company is listed in the Dow Jones Sustainability Index (DJSI).  Indorama Ventures is headquartered in Bangkok, Thailand with operating sites in:

  • EMEA – The Netherlands, Germany, Ireland, France, UK, Italy, Denmark, Lithuania, Poland, Czech Republic, Luxembourg, Spain, Turkey, Nigeria, Ghana, Portugal
  • The Americas – USA, Mexico, Canada, Brazil
  • Asia – Thailand, Indonesia, China, India, the Philippines, Myanmar

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels.Indorama Ventures Loop Industries Polyester Recycling

Loop has created a revolutionary technology poised to transform the plastics industry.

This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers).

The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging.Indorama Ventures Loop Industries Polyester Recycling

For more information, please visit www.loopindustries.com.  Follow us on Twitter: @loopindustries and Instagram: loopindustries Indorama Ventures Loop Industries Polyester Recycling

For More Information:

Richard Jones

Indorama Ventures Public Company Limited

Tel: +662.661.6661 ext. 680

richard.j@indorama.net

Nelson Switzer

Loop Industries

+1 (450) 951-8555 ext. 230

nswitzer@loopindustries.com

Forward-Looking Statements

This news release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words.  Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues.  More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC).  Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. Indorama Ventures Loop Industries Polyester Recycling

Source: Loop Industries, Inc.

This article appears in: News Headlines

Referenced Stocks: LOOP

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