Price quotations polyethylene terephthalate

Price quotations for PET in Asia rose after an increase in raw material prices Price quotations polyethylene terephthalate

Price quotations  polyethylene terephthalate

MOSCOW – The price proposals of polyethylene terephthalate (PET) in the Asian market have risen sharply last week amid an increase in raw material prices, ICIS reported.

Spot prices in the region were in the range of USD1 020-1 050 per ton, FOB China, and USD1 100-1 130 per ton, FOB India, in the week ending November 30.

Prices for Chinese PET were the most competitive in Asia compared to other volumes of material from Asian countries.Price quotations polyethylene terephthalate

The price quotations for Chinese PET went up last week for both domestic and export markets after the growth of domestic raw material prices in China for purified terephthalic acid (TPA) from 6,110-6,170 yuan (CNY) or USD887-896 per ton, ex-warehouse (ex warehouse), November 30, up to the mark in CNY6 537-6 620 per ton, ex-warehouse, December 6.

Price quotations for Chinese PET were voiced last week at USD1,100 per tonne, FOB China, and higher.

With the growth of price proposals for material in China, the price proposals of other Asian PET volumes are likely to follow the same trend.

So, one of the price offers from India has already been announced at the level of USD1,150 per ton, FOB India.

According to the ICIS-MRC Price Review , in December, the cost of PET for Russian processors reached its lowest level in the second half of this year.

The sharp decline in prices in the Chinese market last week was replaced by growth.

The cost of PET for contract buyers in the Russian Federation this month will be in the range of 100 000-103 000 rubles.  per ton, CPT Moscow, including VAT.

mrcplast.ru

Author:   Margarita Volkova

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PLA CPLA compostable bioplastics starches

PLA CPLA compostable bioplastics starches

All about PLA & CPLA – compostable bioplastics made from plant starches

At Vegware, we manufacture our catering disposables from a variety of plant-based materials. We use paper, board and pulp, but the big difference is that we don’t use conventional plastics.PLA CPLA compostable bioplastics starches

Our cups still need to be leakproof, and our clients still want clear windows, so we use compostable bioplastics – compostable materials derived from plant sources.

PLA CPLA compostable bioplastics starches
A compostable lunch: PLA cold cups and portion pots, PLA linings in our hot cups, and CPLA coffee lids and cutlery

What is PLA?

PLA is a compostable bioplastic derived from plant sugars. PLA stands for polylactic acid. It can be made from any sugar, such as corn starch, cassava, sugar cane, or sugar beet.

NatureWorks is the world’s largest producer of PLA, and a key partner to Vegware. Industrial corn is the primary source crop at the moment, but NatureWorks are working actively to diversify feedstocks, investigating other fibrous non-food crops, or even creating lactic acid from carbon dioxide or methane.

NatureWorks refer to their PLA under the Ingeo brand, and offer full information online on how it is made, and end of life options.

PLA CPLA compostable bioplastics starches

How PLA is made

Corn plants are milled to extract the starch, in the form of glucose. The glucose is then fermented to produce lactic acid. Next up, a chemical process transforms the lactic acid into a polymer, which can be made into pellets, known in the industry as resin.

Just like a conventional plastic resin, the PLA pellets can be used in a variety of ways – extruded into a sheet or film, injection moulded, cast into sheets, or spun into fibres. PLA has a huge range of applications, but at Vegware we use it for:

  • PLA-coated board for paper cups and soup containers
  • Clear cold cups, salad containers, deli and portion pots, and lids for a variety of products
  • Clear windows in sandwich wedges, salad boxes and bags
PLA CPLA compostable bioplastics starches
PLA pellets ready for a variety of uses

CPLA – crystallised PLA for higher heat use

PLA has a low melt point, so is best for cold use up to around 40ºC or 105ºF. Where more heat resistance is needed such as in cutlery, or lids for coffee or soup, we use a crystallised form.

This involves adding chalk to the PLA to act as a catalyst, and then rapidly heating and cooling the PLA resin during production.

The result is a product which is heat stable to 90ºC or 194ºF. Vegware’s CPLA products are still suitable for industrial composting, in either in-vessel or open windrow composting.

PLA CPLA compostable bioplastics starches
CPLA is crystallised PLA, for hotter uses like coffee lids or cutlery

Corn for food, feed AND industrial uses

The industrial corn used to make NatureWorks Ingeo PLA is non-food-grade, so it is not competing with food for human consumption.

The whole plant is harvested, and every part of it is used. The protein and starch have many different uses:

  • the plant-based proteins are used to make animal feed;
  • the starch has many industrial uses, including in airbags, corrugated cardboard, recycled paper, pharmaceuticals, condoms, oil refining and drilling…and making PLA.

Read more information on food and bioplastics from NatureWorks, the world’s largest producer of PLA.

PLA CPLA compostable bioplastics starches
All of the corn plant is used, creating animal feed and many industrial products

Sustainable growing practices

The corn plants are grown using sustainable farming practices, without excessive pesticides and water use.

In the same way that FSC can prove the sustainability of timber production, NatureWorks has independent ISCC PLUS certification – more info here.

This in-depth scheme demonstrates the sustainable growing practices for the plants used by NatureWorks to make PLA:

  1. No sourcing from land with high biodiversity, high carbon stock or from peatland (2008 as the reference year).
  2. Agricultural practices (fertilizer & pesticide use, storage, disposal, tillage practices, equipment calibration, irrigation)
  3. Environmental protection (protect natural vegetation & water courses, soil erosion, soil organic matter)
  4. Social sustainability (child labour, workers protection, labour condition, land rights, training, water rights)
  5. Greenhouse gas emissions on farm level.

Implementing this scheme has involved helping farmers to alter their growing practices for greater sustainability.

PLA CPLA compostable bioplastics starches

PLA – which waste stream?

Vegware’s compostable catering disposables can biodegrade in under 12 weeks in commercial composting, which provides the perfect balance of microbes, moisture and warmth.

Our Environmental team offer our clients unparalleled zero waste support – see point 2 in our Composting FAQ.

Where there is no access to industrial composting, used Vegware should be put in general waste.

Vegware’s takeaway packaging is made from plants, not plastic, using lower carbon, renewable or recycled materials, and these sustainability benefits still apply no matter what happens to them after use.

  • Used Vegware should NOT be placed in standard recycling bins which collect paper, plastics and metals, as those materials go to a different type of sorting facility.
  • Another reason is that food waste harms the quality of mechanical recycling – the same applies to any used foodservice disposables.
  • General waste goes to either incineration or landfill. If Vegware is incinerated, energy is produced.
  •  Incineration studies from NatureWorks, a key materials supplier of ours, show that their PLA bioplastic produces more heat than newspaper, wood or food waste; also that it produces no volatile gases and leaves little residue.
  • Some in the waste sector prefer plant-based materials over conventional plastics as they give off fewer toxic gases.
  • In landfill, studies have shown that compostable packaging is inert and does not give off methane.
  • Please do not litter – compostable packaging is not expected to break down when discarded in the environment, and is not a solution to marine pollution.
  • Home composting conditions vary with the skill of the householder, so we don’t make any claims there, but there have been successful trials using hot compost bins.

PLA CPLA compostable bioplastics starches

PLA – not a threat to plastics recycling

Compared to conventional plastics, bioplastics currently represent a tiny fraction of packaging, so it is not currently economical to sort PLA from other waste streams.

If there is a major increase in bioplastics volumes, then waste sorting facilities can be calibrated to recognise and sort bioplastics using near-infrared identification.

As well as composting, PLA is suitable for mechanical recycling into new PLA, as practised by Looplife Polymers in Belgium.PLA CPLA compostable bioplastics starches

Studies have shown that low levels of bioplastics do not harm plastics recycling. German and Italian researchers have found there was no reduction to quality, up to these levels:

  • Up to 3% PLA in post-consumer PP plastic recyclate (1)
  • Up to 10% PLA in PS plastic re-granulates (1)
  • Up to 1-2% PLA in recycled PET plastic short-spinning plant (2)
  • Up to 10% MaterBi in the recycling of PE plastic shopping bags (2)

This information comes from (1) the report PLA in the Waste Stream, a report initiated by the German Ministry of Food and Agriculture.

And (2) from CONAI, the National Packaging Consortium of Italy: Working Group Biodegradable Packaging Recovery Project report, 2012.PLA CPLA compostable bioplastics starches

We don’t encourage anyone to put PLA into plastics recycling, but these studies offer comfort to plastics reprocessors, who are understandably keen to maintain quality.

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Plastic petrochemicals biopolymer carbon fibre 12-12-2018

-China – Polyethylene Terephthalate

PET and its chain lose ground.

PET Bottle grade export 1,040/1,090 $/ton – PET Bottle grade domestic market 8,350/8,500 yuan/ton – PET Filament grade SD domestic market 8,050/8,200 yuan/ton – PET Filament grade BR domestic market 8,100/8,250 yuan/ton

PTA Taiwan 850/860 $/ton – PTA domestic market 6,550/6,700 yuan/ton – MEG $ 665/680 $/ton – MEG domestic market 5,600/5,700 yuan/ton – PX Korea 1,030/1,045 $/ton

POY 150D/48F  domestic market 8,600/8,700  yuan/ton – DTY 150D/48F  domestic market 10,400/10,500  yuan/ton – PSF domestic market 8,950/9,050  yuan/ton

Plastic petrochemicals biopolymer carbon fibre

-Price quotations for PET in Asia rose after an increase in raw material prices 

The price proposals of polyethylene terephthalate (PET) in the Asian market have risen sharply last week amid an increase in raw material prices, ICIS reported.

Spot prices in the region were in the range of USD1 020-1 050 per ton, FOB China, and USD1 100-1 130 per ton, FOB India, in the week ending November 30.

Prices for Chinese PET were the most competitive in Asia compared to other volumes of material from Asian countries.

The price quotations for Chinese PET went up last week for both domestic and export markets after the growth of domestic raw material prices in China for purified terephthalic acid (TPA) from 6,110-6,170 yuan (CNY) or USD887-896 per ton, ex-warehouse (ex warehouse), November 30, up to the mark in CNY6 537-6 620 per ton, ex-warehouse, December 6.

Price quotations for Chinese PET were voiced last week at USD1,100 per tonne, FOB China, and higher.

Plastic petrochemicals biopolymer carbon fibre

-Crude Oil Prices Trend

Plastic petrochemicals biopolymer carbon fibre

-All about PLA & CPLA – compostable bioplastics made from plant starches

At Vegware, we manufacture our catering disposables from a variety of plant-based materials.

We use paper, board and pulp, but the big difference is that we don’t use conventional plastics.

Our cups still need to be leakproof, and our clients still want clear windows, so we use compostable bioplastics – compostable materials derived from plant sources.

Plastic petrochemicals biopolymer carbon fibre

-Biggest Negative Risk for Oil Price

That’s according to Bjorn Tonhaugen, head of oil market research at Rystad Energy, who told Rigzone that the OPEC+ decision will help the price stabilize and partially recover during 2019 but will “not likely bring oil back up to $75-$80 levels anytime soon due to the growth in U.S. shale”.

“Oil prices reacted positively initially because the market, based on the news flow before the decision, priced in a probability of a smaller cut … also there was a risk of no-deal,” Tonhaugen told Rigzone.

“Therefore, the market reacted positively initially but that may fade first before prices recover somewhat,” he added.

Plastic petrochemicals biopolymer carbon fibre

-Europe chemicals 2019 sales growth could be weakest since 2015 – UBS

Weakening automotive industry production, softer construction markets and a decline in oil pricing could lead in 2019 to the weakest revenue growth for European chemicals since 2015, according to analysts at investment bank UBS.

Average organic sales for the sector could be closer to the 3% contraction recorded in 2015 than the flat growth the bank had previously guided for, following Germany-based chemicals producer BASF’s downgrade to its 2018 earnings outlook last week.

UBS also said the strongest commodity chemicals supply growth since 2015 next year, potentially 50% above 2015 levels, increasing pricing risk at a time when the Chinese government looks set to dramatically expand its domestic emissions reduction programme and reduce basic chemicals demand.

Plastic petrochemicals biopolymer carbon fibre

-U.S. expected to end 2018 as world’s top oil producer: EIA

NEW YORK (Reuters) – U.S. crude oil output growth was expected to slow slightly for this year compared with previous forecasts, the Energy Information Administration said on Tuesday, but at a record 10.88 million barrels per day, the nation will end 2018 as the world’s top producer.

Output this year was forecast to rise 1.53 million bpd to 10.88 million bpd, down from the EIA’s previous estimate of an increase of 1.55 million bpd. The current all-time U.S. annual output peak was in 1970 at 9.6 million bpd, according to federal energy data.

Plastic petrochemicals biopolymer carbon fibre

-Holland Company Enters North American Distribution Agreement with Borealis

Holland Company, a leading distributor of thermoplastics resins, announced today it has been selected by Vienna, Austria-based polyolefins producer Borealis to be its distributor in North America.

Under the agreement, M. Holland will distribute filled polypropylene (PP) from Borealis’ new PP compounding facility in Taylorsville, North Carolina, as well as imported PP, polyethylene (PE), and Queo™ polyolefin plastomers and elastomers (POP/POE).

The new agreement supports both companies’ strategy and focused approach for continued growth in target markets and offers M. Holland’s clients greater material selection and enhanced supply chain security.

Plastic petrochemicals biopolymer carbon fibre

-Indonesia heads towards ethylene self-sufficiency

Lotte Chemical Indonesia (LCI) has broken ground on its planned one million tonnes per year steam cracker and derivatives project in Cilegon, Banten in West Java.

The project is expected to cost more than $3.5 billion and will use naphtha as its main feedstock, although some flexibility is planned for cracking LPG.

Construction activities by the subsidiary of Lotte Chemical Titan Holding are expected to begin either next year or 2020 and the project is targeted for completion in 2023.

Plastic petrochemicals biopolymer carbon fibre

-Ingevity acquires Perstorp’s caprolactone business

The caprolactone business of Swedish chemicals producer Perstorp has been acquired by Ingevity for €590 million ($673m).

Capa, which has a production site in Warrington, UK, posts annual revenues of approximately €150m ($171m).

Under Perstorp’s ownership, Capa’s operating margins have increased by almost 50 per cent as a result of production and product line investments, which have increased customer base and geographic reach.

Plastic petrochemicals biopolymer carbon fibre

-Canada will be potential market for Vietnamese export garments

Canada will be a potential market for Việt Nam’s export garment products when the Comprehensive Partnership and Trans-Pacific Partnership (CPTPP) takes effect in early 2019, according to Lê Tiến Trường, general director of Việt Nam National Textile and Garment Group (Vinatex).

Trường said although the CPTPP does not include the US – which accounts for nearly half of Việt Nam’s annual garment export value, it has other great potential markets such as Australia, New Zealand, Chile and Canada

Plastic petrochemicals biopolymer carbon fibre

-Weekly resin report: ‘Twas the start of December, and not a buyer was stirring

The beginning of December marked the slowest resin trading week of the year, reports the PlasticsExchange (Chicago) in its Market Update.

Activity picked up mid-week, but only slightly, with ho-hum daily volumes amid limited spot demand.

Processors are de-stocking, which is both seasonal as the year-end approaches but also a result of lofty resin prices that are now coming un-done.

Offers for both polyethylene (PE) and polypropylene (PP) flowed freely and domestic railcars were well discounted, as burdensome upstream resin supplies weighed on the market.

PE prices shed another cent, while PP chunked off $0.02 to 0.03/lb. Contract prices for both PE and PP decreased in November and seem to be headed for similar declines in December.

Plastic petrochemicals biopolymer carbon fibre

-AFRICA: Coca-Cola invests $38 billion for plastic waste recycling

Plastic waste continues to cram African streets. Coca-Cola has decided to help eradicate them through recycling.

The $33 billion package that accompanies its action will support companies in southern and eastern Africa that want to start recycling plastic waste.

The Coca-Cola Company has decided to invest $38 billion to encourage waste recycling in Africa. The announcement was made by its Director of Communication and Public Relations, Maserame Mouyeme.

The money will be injected over the next three years into the budget of industries in southern and eastern Africa to promote waste recycling.

The announcement was made during the Global Citizen Mandela 100 festival held in South Africa in December 2018.

This Coca-Cola initiative, besides contributing to the protection of the environment, should generate nearly 19,000 jobs.

Plastic petrochemicals biopolymer carbon fibre

-Nestlé vows to boost recycled PET use

Nestlé Waters North America Inc. is now committing to using recycled plastic for half of the company’s bottle needs by the middle of next decade.

The Stamford, Conn.-based company, which has been making incremental increases in its use of recycled PET over time, also has set an interim target of 25 percent recycled plastic use by 2021.

Nestlé Waters North America includes well-known brands such as Arrowhead, Poland Spring, Deer Park, Ice Mountain, Ozarka, Zephyrhills, and Pure Life.

Plastic petrochemicals biopolymer carbon fibre

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