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Indorama Ventures PET facilities

Indorama Ventures acquires PET facilities in US, Germany   Indorama Ventures PET facilities

Indorama Ventures PET facilities

Company says new ventures will serve growing demand for recycled PET flakes and pellets.
Edited by Kelly Maile

Bangkok-based Indorama Ventures Public Co. Ltd. (IVL), a leading petrochemical company, announced it has entered into an agreement to acquire a PET recycling facility from Alabama-based Custom Polymers PET. Both companies have recycling footprints in Europe, Mexico, Thailand and U.S.  Indorama Ventures PET facilities

In addition, Indorama bought Germany-based PET manufacturing facility from Invista Resins & Fibers. The company will own the intellectual property rights of Polyshield PET and Oxyclear Barrier PET and says it will continue to support demands for oxygen barrier and resin barrier packaging.

The Germany PET plant has a combined capacity of 282,000 tons per year and staff of 140 employees. The Alabama facility has production lines for recycled PET flakes and pellets with a combined capacity of 31,000 tons per year, according to a news release.

“At Indorama Ventures, we intend to play a key role in promoting the circular economy and environmental sustainability by continuing to pursue the right opportunities to fill gaps that are intrinsic to our industry’s sustainable and profitable business,” Indorama Ventures CEO Aloke Lohia said in the release. Indorama Ventures PET facilities

“We strongly feel that this initiative will contribute as an attractive platform for strong future growth in our commitment to sustainable recycling business with the potential to expand further with the support of our stakeholders.”

The company says the deals are in line with the company and industry’s growing emphasis on sustainability and circular economy objectives among consumer packaging manufacturers. Indorama Ventures PET facilities

IVL says the acquisition will allow the company to meet “increasing food-grade recycled PET demand for more sustainable packaging solutions by major brand owners.”

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Brexit UK circular economy

Within difficulty lies opportunity: How Brexit could drive the UK circular economy  Brexit UK circular economy

With Brexit looming large on the horizon, I believe that the UK’s departure from the EU offers fresh opportunities for our nation and its manufacturers to secure their raw material supplies, such as recycled plastics, from a stable domestic market and stimulate a circular flow of materials. Brexit UK circular economy

With uncertainty persisting around the whole Brexit process, there could be potential difficulties in transporting material across borders after 29 March 2019. However, from a more optimistic viewpoint, such logistics should become a driver for growth in the domestic market as purchasers seek to reduce inward material supply chain risk.

Brexit  UK circular economy

Roger Morton, Director of Axion Polymers.

Freedom from regulatory controls and external policies, coupled with the ability to set our own rules, could encourage greater investment and enable the UK to ‘get ahead of the rest of Europe’ in material recovery and resource security, provided there is strong government leadership. Brexit UK circular economy

Recyclers, like ourselves, who process waste materials derived from within this country are arguably in a stronger ‘self-reliant’ position than those who rely on external supply chains or import goods from abroad. We extract plastics from end-of-life cars and other metal scrap to produce polymers that are reused in a variety of other goods, including automotive parts. Brexit UK circular economy

With 31.5 million cars currently on UK roads, our future end-of-life vehicle feedstock for our recycled polymers is assured. And that can only be good news for UK companies seeking to use locally-sourced plastic raw materials that can go back into a range of products, from new cars and electrical equipment to construction products.

Brexit is inevitable now. Although complications could arise, we are taking a positive approach. British companies should focus on the opportunity that leaving the EU offers and how we can make the most of our resource sustainable position.

A good example here is steel. With annual consumption (12 million tonnes) versus annual arisings (11.5 million tonnes), this market could be much more ‘circular’ than the existing export of scrap/import of finished products model. Similarly, demand creation for the use of recycled polymers in new automotive, electrical and building products could encourage further investment in more processing plants to produce plastics for new UK-produced goods.

While material quality controls, such as REACH regulations and other standards, should remain ‘mirrored with Europe’, I suggest there could be an opportunity to take the lead by designing and implementing a set of regulatory measures that drive the transition to a circular economy here. Brexit UK circular economy

Such measures could involve heavily-modulated producer responsibility obligations for brands that make the most effort to change to fully recyclable designs and/or utilise high levels of recycled content. This would require vision and a brave government with strong leadership, but in an uncertain world, what’s certain is that material would be available in the UK for use in the UK. Brexit UK circular economy

One of the long-term benefits of Brexit should be that we can stop mass exports of waste plastic packaging and WEEE, and start investing in recycling infrastructure in the UK as an ‘environmental goal’. While 63 per cent of collected UK plastic packaging resources is currently exported, the country is short of around 10 to 15 large-scale recycling plants to handle that volume.

Additionally, we don’t have enough energy-from-waste capacity to handle the low-grade reject plastic stream produced by those plants – around 50 per cent of their waste infeed tonnage. So strategic government thinking and stable long-term policy measures and clear goals for the five to ten years will be needed to drive this change.

There is an opportunity for the UK Government to drive the development of recycling demonstration and pilot ‘pathfinder’ plants once we are free of ’state aid’ regulations that prevent preferential treatment by governments.

UK businesses need to wake up to these future possibilities and start talking to UK-based suppliers that can offer secure supplies of high-quality and resource-efficient recycled materials. Brexit UK circular economy

From our own perspective, we have seen an increase in enquiries and interest from UK manufacturers in recent months. And perhaps other recyclers have experienced this too.

Despite current uncertainty around Brexit, we remain upbeat about the opportunities to trigger more material moving within the circular economy in the UK.

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Polymers PET Petrochemicals circular economy 04-01-2019

-China – Polyethylene Terephthalate

PET and its chain are assessed mixed.

PET Bottle grade export 970/1,010 $/ton – PET Bottle grade domestic market 7,700/7,800 yuan/ton – PET Filament grade SD domestic market 7,500/7,650 yuan/ton – PET Filament grade BR domestic market 7,550/7,650 yuan/ton

PTA Taiwan 790/815 $/ton – PTA domestic market 6,050/6,150 yuan/ton – MEG $ 615/630 $/ton – MEG domestic market 5,100/5,200 yuan/ton – PX Korea 9,00/920 $/ton

POY 150D/48F  domestic market 8,050/8,150  yuan/ton – DTY 150D/48F  domestic market 9,900/10,000  yuan/ton – PSF domestic market 8,550/8,700  yuan/ton

Polymers PET Petrochemicals circular economy

Indorama Ventures acquires PET facilities in US, Germany   Indorama Ventures PET facilities

Company says new ventures will serve growing demand for recycled PET flakes and pellets.

Bangkok-based Indorama Ventures Public Co. Ltd. (IVL), a leading petrochemical company, announced it has entered into an agreement to acquire a PET recycling facility from Alabama-based Custom Polymers PET. Both companies have recycling footprints in Europe, Mexico, Thailand and U.S.  Indorama Ventures PET facilities

In addition, Indorama bought Germany-based PET manufacturing facility from Invista Resins & Fibers. The company will own the intellectual property rights of Polyshield PET and Oxyclear Barrier PET and says it will continue to support demands for oxygen barrier and resin barrier packaging.

The Germany PET plant has a combined capacity of 282,000 tons per year and staff of 140 employees. The Alabama facility has production lines for recycled PET flakes and pellets with a combined capacity of 31,000 tons per year, according to a news release.

Polymers PET Petrochemicals circular economy

Crude Oil Prices Trend

Polymers PET Petrochemicals circular economy

IVL expands PET barrier packaging portfolio

Indorama Ventures Public Company Ltd (IVL) is acquiring the PET business of Invista Resins & Fibers in Germany (IRFG) and certain intellectual property rights of Invista Textiles UK.

In a busy fortnight of activity for the Thai petrochemical giant, IVL has also agreed to acquire Custom Polymers’ PET recycling facility in Alabama, USA.

IRFG’s plant is based in Gersthofen, Germany, and has capacity for 282,000 tonnes a year of value-added PET.

IVL will own the property rights of Polyshield PET and Oxyclear Barrier PET, Invista’s barrier technology, in all global markets.

IVL already holds the licenses in the Americas having acquired Invista’s PET polymer and resin facilities in Spartanburg, South Carolina, and Queretaro, Mexico, in 2011.

Polymers PET Petrochemicals circular economy

Loop and Thyssenkrupp sign partnership deal

PET bottles for recycling.Two companies are working together to develop standalone plants where scrap PET can be chemically broken down and then re-polymerized into new resin.

Montreal-headquartered Loop Industries has signed a global alliance agreement to collaborate with Essen, Germany-based Thyssenkrupp Industrial Solutions.

Loop is commercializing a unique heatless, pressureless PET depolymerization process. The technology breaks PET down into its building blocks, which can then be used by virgin plastics manufacturers to create new PET suitable for food-contact applications. Loop Industries has signed a slew of recent deals, including one with The Coca-Cola Co. to supply RPET to Coca-Cola-affiliated bottlers. The RPET will be produced in partnership with global virgin PET maker Indorama Ventures at an Indorama facility in the U.S.

Polymers PET Petrochemicals circular economy

Organic cotton is booming: jeans buying without a guilty Conscience

is an indispensable part Whether in Jeans, in a T-Shirt or underwear: cotton from the daily life. However, for the environment, the cotton cultivation has often dramatic consequences. A few years ago, about 25 percent of the world’s consumption of insecticides and ten percent of the consumption of pesticides is accounted for according to the Federal office for the environment on the cultivation of the plant fiber.

in the Meantime, more and more fashion retailers and manufacturers are trying, however, to set the course for a more sustainable cotton production. The good news for consumers: For a good environmental conscience in the matter of cotton, you don’t necessarily need deep pockets to pay for. The largest buyers of organic cotton. according to a recent study by the non-profit Organisation Textile Exchange more affordable brands such as C&A, H&M and Tchibo Also, the Zara-mute rkonzern-Inditex and Aldi are among the Top Ten in this area.

Polymers PET Petrochemicals circular economy

PolyOne hooks Fiber-Line in $120M deal

Fiber-Line PolyOne Corp.’s acquisition of Fiber-Line will open it up to more work in the fiber optic cable and 5G industries.

PolyOne Corp. has started 2019 with another acquisition, buying fibers and composites maker Fiber-Line in a $120 million deal.

Officials with PolyOne in Avon Lake, Ohio, described Fiber-Line as a global leader in customized engineered fibers and composite materials. Fiber-Line is based in Hatfield, Pa. and has annual sales of almost $100 million. It has a total of five production facilities, including locations in Hatfield; Hickory, N.C.; the Netherlands and China.

Polymers PET Petrochemicals circular economy

Carbon Fiber Composites Increasing As Recycling Candidates In Aftermarket

Of all structural elements on aircraft, carbon fiber materials have been the most arduous to recycle.

In early December, Boeing and ELG Carbon Fibre announced they would partner to recycle excess aerospace-grade composites from 11 Boeing manufacturing sites. Will this partnership improve prospects for recycling carbon composites when aircraft are dismantled?

Aircraft recycler Universal Asset Management commends Boeing and ELG for their environmental and economic advances. “As early adopters of carbon-composite recycling, they have elevated the aviation industry as leaders in recycling,” says Ingrid Protacio, UAM VP of integration, operations & marketing. “However, it does not affect the recycling of legacy or new-gen aircraft, as the partnership targets the recycling of virgin composites that have not yet been installed on aircraft,” Protacio notes. Recycling legacy or new-gen aircraft relies on harvesting and recycling carbon composites installed on operating aircraft, “something UAM has been able to do.”

Polymers PET Petrochemicals circular economy

AIMPLAS makes progress in the development of the ECONOMÍA CIRCULAR 2 Project

AIMPLAS is carrying out the ECONOMÍA CIRCULAR Project, supported by the Valencian institute of business competitiveness (IVACE), which has already established the needs of the plastics sector in the Valencian region and defined the strategies that companies should follow in 2017.

In its second year, ECONOMÍA CIRCULAR 2 will address issues related to eco-design and environmental control, waste recovery and sustainable materials.

Polymers PET Petrochemicals circular economy

PET bottle resin should be OK with CP Chem feedstock closing

Chevron Phillips Chemical Co.’s closing of a plant making PET feedstock paraxylene might not have much impact on the North American PET sector.

CP Chem, based in The Woodlands, Texas, closed its paraxylene unit in Pascagoula, Miss., at the end of 2018. A company spokesman said that officials decided that the plant “is not material to the company’s financial results.”

He added that CP Chem has been communicating with customers regarding the decision to give them time to establish new supplier arrangements, and that no other operations are impacted by this decision. He had no comment on any job losses.

Polymers PET Petrochemicals circular economy

Bio-on creates new food packaging company Zeropack

Italian bioplastic firm Bio-on has created a new company, Zeropack, which will focus on food packaging in the fruit and vegetable sector using bioplastics.

As part of a strategic agreement with Bio-on, Rivoira has acquired 50% of Zeropack through its partners RK Zero, Carlo Lingua, and Paolo Carissimo.

Zeropack will manufacture films, crates, small and large containers, fruit supports, and natural labels from bioplastic. It will use 100% natural and biodegradable materials made from fruit and vegetable wastes.

Polymers PET Petrochemicals circular economy

Within difficulty lies opportunity: How Brexit could drive the UK circular economy  Brexit UK circular economy

With Brexit looming large on the horizon, I believe that the UK’s departure from the EU offers fresh opportunities for our nation and its manufacturers to secure their raw material supplies, such as recycled plastics, from a stable domestic market and stimulate a circular flow of materials. Brexit UK circular economy

With uncertainty persisting around the whole Brexit process, there could be potential difficulties in transporting material across borders after 29 March 2019. However, from a more optimistic viewpoint, such logistics should become a driver for growth in the domestic market as purchasers seek to reduce inward material supply chain risk.

Polymers PET Petrochemicals circular economy

Indian-American’s start-up could revolutionise the fight against marine litter

Based in Los Angeles, ‘Moral Fiber’ has developed a three-step chemical process that can extract polyester from mixed blend materials and will be useful in recycling other plastics

Spools of coloured thread. Credit: Getty ImagesA start-up by an Indian-American in Los Angeles can completely change the battle against marine plastic litter that is plaguing the world’s oceans at this moment.

Akshay Sethi, a chemistry student from the University of California, Davis and co-student, Moby Ahmed started exploring ways to recover polyester, the most common fabric in mass-produced clothing, while studying. They founded Ambercycle (now ‘Moral Fiber’) in 2015, working initially with microbes to break down polyesters.

Polymers PET Petrochemicals circular economy

5 hottest plastics packaging issues now

As it has done annually, late in 2018 PlasticsToday posted Top 10 articles of the year compilations that reveal what topics, issues and news drew the most attention over the past 12 months. The articles serve as an indicators of trends across a medium-term timeframe as measured by what stories saw the most readership via website metrics.

And as we have done more frequently,  we now take a quick review of what articles were the most popular the previous month, which provides a snapshot look at what news and developments are on-trend now.

Polymers PET Petrochemicals circular economy

How to build an environmentally sustainable business

These businesses are implementing the positive changes Australians want to see.

How to build an environmentally sustainable business

These businesses are implementing the positive changes Australians want to see.

It’s no secret that environmental problems plague our planet. The negative impacts of air emissions, marine pollution, deforestation and more have been significant. A study conducted by HP and Planet Ark earlier this year revealed that 91% of Australian consumers are concerned about the environment and sustainability.

This concern is reflected not only in the changing ways consumers interact with the environment but in their changing spending habits. Consumers are willing to spend more money if a brand is environmentally sustainable.

Polymers PET Petrochemicals circular economy

Plastics recycling technology roundup

Recycled PE and PP waxes are found to boost asphalt performance, and nylon 6,6 recovered from airbag scrap is used in new pressure washers.

Recycled plastic asphalt additives: GreenMantra Technologies says its recycled plastic additives can be used to enhance the strength and durability of asphalt. The Brantford, Ontario company uses a unique technology to process scrap plastics into waxes and polymer additives. According to a press release, GreenMantra’s Ceranovus A Series PE and PP additives, when incorporated into asphalt at 2 percent by weight, increase penetration hardness and provide improved resistance to rutting and deformation.

Scaling up a process to break down PET: Carbios has signed a letter of intent to install a demonstration plant for its enzymatic PET depolymerization technology. The French company signed the letter with vinyl producer KEM ONE. Construction is expected to start in mid-2019. Carbios’ “bio-recycling” technology can break down challenging polyester streams, including opaque containers and textiles, into their components, which can be used to make new plastic.

Polymers PET Petrochemicals circular economy

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