Polyester Daxie aromatics industry

Polyester Daxie “Fire Fighting” aromatics industry chain

Polyester Daxie aromatics industry

Source : texnet

Just after the Spring Festival in 2019, the “Dayu” enterprises in the polyester market released a signal of active expansion, which caused concern in the chemical fiber industry and capital market.

On February 14th, when many downstream clothing brands and terminal retailers actively created a “romantic Valentine’s Day” atmosphere, when the hot-selling festival was busy, the chemical fiber listed company Tongkun Group Co., Ltd. (hereinafter referred to as “Tongkun Shares”) Also “hot” a hand. Polyester Daxie aromatics industry

On the same day, Tongkun announced a number of announcements announced that it plans to build three new projects, including: signing an investment agreement with Jiangsu Rudong Yangkou Port Economic Development Zone, with an investment of 16 billion yuan, and an interim plan to build an annual output of 2 × 2.5 million tons of PTA. Project, 900,000 tons FDY, 1.5 million tons of POY project; start Hengteng 4 phase annual output of 300,000 tons of green fiber project, and Hengchao chemical fiber annual output of 500,000 tons of intelligent super-simulation fiber project. Polyester Daxie aromatics industry

“In order to enhance operational stability and obtain cost advantages, polyester filament leading enterprises have extended the industrial chain upstream, starting from crude oil refining and refining, and building a complete industrial chain of ‘aromatic-PTA-polyester-polyester civil silk’. The flexibility and anti-risk ability of enterprise development.

At the same time, with the demand for polyester filament products to diversify and high quality, seize the opportunity of market demand adjustment, introduce advanced production equipment, improve production intelligence, optimize product structure of enterprises, It has become an important choice to enhance the competitiveness of the enterprise market and become stronger and stronger.” Tongkun shares expressed this in the announcement. Polyester Daxie aromatics industry

” In this regard, an industry insider also pointed out: “At this stage, the polyester group is very hard.

From the overall situation of the polyester industry chain, as the competition advances to the depth of the industrial chain integration, several large polyesters The Group is accelerating the ‘staking of the land’ through various forms, and continuously extending the industrial chain to enhance the comprehensive competitiveness of the entire industry chain. This situation will also accelerate the re-integration of the entire polyester industry.”

Tongkun plans to pay attention to 3 new projects

In the current expansion of the polyester industry, Tongkun has taken the initiative. With its leading technology level, overall scale advantage and comprehensive strength, it has actively invested in the construction of several new projects to accelerate the expansion of polyester filament and PTA capacity.Polyester Daxie aromatics industry

In 2018, the three bases of Jiaxing Port, Zhouquan and Changxing Hengteng, which are under the jurisdiction of Tongkun, proceeded smoothly. Several projects such as Jiaxing Petrochemical FDY Project, Hengbang Phase III, Hengteng Phase III and Hengrui Phase III were put into operation.

Among them, Hengten Phase III project is the project with the largest middle-age production capacity of Tongkun’s 2018 project. It has 20 spinning production lines, including 16 POY production lines and 4 FDY production lines. After the project is fully produced, it will be With an annual output of 600,000 tons of various types of differential fiber.Polyester Daxie aromatics industry

At present, Tongkun has an annual production capacity of 5.7 million tons of polyester filament yarn, and a production line of 900,000 tons of polyester filament yarn is being transformed.

It is estimated that by the end of 2019, the total production capacity of polyester filament will reach 6.6 million tons.

At the same time, it has an annual production capacity of 4 million tons of PTA.

Moreover, its PTA products are basically used to meet the demand for raw materials for polyester filaments inside the company, forming a strong “synergy effect” and cost control ability.

The announcement of the three new projects to be launched on February 14 undoubtedly shows that the pace of Tongkun’s expansion will continue.

According to the announcement, Tongkun Co., Ltd. and the Jiangsu Rudong Yangkou Port Economic Development Zone Management Committee recently signed the “Tiankun Group (Yangkou Port) Petrochemical Polyester Integration Project Investment Cooperation Agreement”.

The project will invest about 16 billion yuan, with a total construction land of about 2610 mu. It will build an annual production capacity of 2 × 2.5 million tons of PTA, 900,000 tons of FDY and 1.5 million tons of POY.

Among them, the first phase investment of the project is 12 billion yuan, and 2×2.5 million tons of PTA, 300,000 tons of FDY and 900,000 tons of POY projects will be built.

The investment for the second phase of the project is 4 billion yuan. It is planned to build 600,000 tons of FDY and 600,000 tons of POY projects in the original main plant area.

The construction period of the first phase of the project is from December 2019 to December 2022, and the second phase is from December 2023 to December 2025.

In terms of process technology, the project will realize integrated production of PTA and polyester spinning, with obvious competitive advantages.

In the process of melt direct spinning, the project will also use online additive technology, adding functional additives to achieve on-line copolymer blending modification, and achieve new functional fiber production such as antistatic, antibacterial, flame retardant, and dye-free environmental protection .

It will break through the continuous polycondensation melt direct spinning can only produce equipment technical bottlenecks of conventional products, so as to meet the individualized needs of customers for different functional fibers and realize personalized customized production.Polyester Daxie aromatics industry

As the new project is located in Rudong, Jiangsu, the location is a certain distance from Tongxiang Group’s headquarters in Tongxiang, Zhejiang. In order to better promote the project, Tongkun shares announced on February 14 that it plans to establish a subsidiary, Jiangsu Jiatong. Energy Co., Ltd.

The subsidiary invested 950 million yuan from Tongkun, accounting for 95% of the shares; Pengyu Trading Co., Ltd. invested 50 million yuan, accounting for 5% of the shares.

Then, based on the existing annual production capacity of 4 million tons of PTA, Tongkun will have to build another 2 × 2.5 million tons of PTA project.

In this regard, Tongkun shares said in the announcement that in recent years, in the context of the industry’s phasing out of backward production capacity , China’s chemical fiber market share has further gathered to leading enterprises.

In the PTA segment, the production capacity of private polyester leading enterprises accounts for more than half of the total PTA production capacity of the whole industry, and everyone’s PTA self-sufficiency rate continues to increase.

In recent years, the rapid development of the polyester polyester fiber business of Tongkun has increased the demand for PTA, but the self-sufficiency rate is seriously insufficient. Polyester Daxie aromatics industry

After the new project is put into production, the self-sufficiency rate of PTA in the downstream enterprises of the company can be improved, and all can be digested by itself.

At the same time, the new PTA project will also help Tongkun realize the integration of the industrial chain and further enhance the scale cost advantage.

On February 14, Tongkun also announced that it plans to build an annual production capacity of 300,000 tons of green fiber (Chengteng Phase IV) and an annual production of 500,000 tons of intelligent super-simulation fiber project.

Among them, the Hengteng Phase IV project is planned to be 11.32 mu of newly acquired land on the northeast side of the existing plant of Hengteng Company in Changxing District, Huzhou South Taihu Lake Industrial Cluster, Zhejiang Province, and utilizes 94.3 mu of existing land to organize the implementation of the new plant.

The total investment of the project is 991 million yuan. It plans to build 1 set of polyester production equipment, introduce 672 high-speed FDY winder, 4 automatic packaging lines and 14 automatic drop wires.

It will use large-capacity flexible polymerization and polyester melt. Direct spinning and intelligent, green production technology, forming an annual production capacity of 300,000 tons of functional and differentiated green fiber.

The construction period of the project is expected to be 2 years. After the project is put into operation, the annual operating income is expected to be about 2.974 billion yuan, and the total annual profit is about 249.36 million yuan.

The investment of “500,000 tons of intelligent super-simulation fiber project” is 1920.35 million yuan. It is planned to build a new plant in Linhang Economic Zone, Tongxiang City, Zhejiang Province. Polyester Daxie aromatics industry

It plans to build 217 mu of newly acquired land and build a set of polyester production equipment. Introduced 880 high-speed POY winder, 480 FDY winder, 5 automatic packaging lines and 20 automatic wire-cutting lines.

It will adopt domestic large-capacity flexible polymerization technology, polyester melt direct spinning technology and intelligent manufacturing technology. And green manufacturing technology, the annual production capacity of 500,000 tons of intelligent super-simulation fiber and 1,320 tons of acetaldehyde.

The construction period of the project is expected to be 2 years. After the project is put into operation, the annual revenue is expected to be 4.96 billion yuan, and the total annual profit is about 410 million yuan.

For the significance of implementing these two new polyester fiber projects, Tongkun shares pointed out in the announcement that in recent years, China’s chemical fiber industry has intensified innovation, focusing on the overall technological progress of the industry, eliminating backward production capacity by market means, and the difference in chemical fiber.

The rate of conversion has further increased, but there is still a certain gap between the rate of differentiation of polyester fibers in developed countries.

Therefore, improving the differentiation rate of chemical fiber products has become the top priority of the current chemical fiber industry.

The new project will mainly produce differentiated and functional polyester filaments, which will help to further improve the differential rate of Tongkun’s polyester filament products and optimize the product structure.

“The newly-built project of Tongkun Co., Ltd. reflects the company’s long-term development strategy – making it bigger and stronger on the road of petrochemical integration, and using its capital and scale advantages to accelerate industry integration, and gradually grasp the pricing power of the polyester industry chain.

It is expected that by the end of 2020, Tongkun’s polyester filament production capacity is expected to reach 7.6 million tons, and its leading position is stable. Maintain the company’s ‘recommended’ rating,” said an analyst from a brokerage firm.

Polyester “Dayu” staged refining and chemical project competition

The announcement of Tongkun’s new project investment plan has also brought the attention of the chemical fiber industry and the capital market to the new situation of the current polyester market – the integrated operation mode of the industrial chain, especially the “private refining project”. This hot topic.

In recent years, representative companies that only produced polyester fiber have invested in the construction of PTA projects, which has changed the competitive landscape of the polyester industry chain. Polyester Daxie aromatics industry

Then, these representative companies have extended the reach of expansion to the upstream of PTA – the production of PX refining projects.

In the past few years, the ideas and models of the large-scale representative private polyester enterprises to strengthen the layout of the entire industrial chain of “PX-PTA-polyester” have become more and more clear, and this has opened up a “competition” for refining and chemical projects.

The layout of PX projects by private chemical fiber enterprises is first of all to benefit from the liberalization of relevant domestic policies.

Previously, China’s refining and chemical projects were basically invested by state-owned enterprises.

Relevant data shows that as of July 2017, there are mainly 17 PX manufacturers in China with a total production capacity of 13.83 million tons/year.

Among them, China Petrochemical Group has 9 PX production plants, with a total PX production capacity of 4.93 million tons / year, accounting for 35.7% of the total domestic PX capacity; China National Petroleum Corporation has three PX production plants, its PX total production capacity 2.35 million tons / year, accounting for 17.0% of the total domestic production capacity; CNOOC Group has a PX production plant, PX capacity of 950,000 tons / year, accounting for 6.9% of the total domestic production capacity, the three major group PX total production capacity The proportion is 59.5%.

However, in recent years, relevant national policies have begun to allow private enterprises to refine their projects.

In May 2015, the National Development and Reform Commission issued the “Pipeline Industry Planning and Layout Plan”.

The “Pipeline Industry Planning and Layout Plan” proposes that China will build seven major petrochemical industrial bases, corresponding to Zhejiang Ningbo, Dalian Changxing Island and Jiangsu Lianyungang Base.

In July 2018, the State Council passed the “Pipeline Industry Planning and Layout Plan”, which required safety and environmental protection priority, and supported private and foreign-funded enterprises to sole proprietorship or holding investment to promote industrial upgrading. Polyester Daxie aromatics industry

The private chemical fiber enterprises laid out the PX project, and the second was because the large-scale polyester enterprise group itself was in the market demand for improving the independent guarantee capability of raw materials and the overall competitive advantage of the industrial chain.

PX is a very important raw material for chemical products.

In the aromatics industry chain, 90% of PX is used to produce PTA, and 90% of PTA is used to produce polyester products.

However, due to environmental protection and the domestic public’s misunderstanding and resistance to PX projects, China’s chemical industry requires insufficient PX self-sufficiency and high dependence on foreign countries.

In the past 10 years, the development speed of China’s PX industry is relatively slow, the supply of domestic PX is insufficient, and the PTA and polyester industry have formed a prominent contradiction between the rapid growth of PX, which makes the PX required by China for many years.

Import dependence is as high as 50% or more, mainly imported from Japan, South Korea and other countries and Taiwan.

This situation has certain constraints on the efficient control of the production costs of China’s polyester enterprises and the ability to control the industrial chain.

In addition, the refining and chemical chain also has a relatively high profit margin.

Therefore, when the policy liberalized the private enterprises, the leading polyester enterprises began to actively apply for the construction of refining and chemical projects, and obtained approval. Polyester Daxie aromatics industry

These major projects are: 20 million tons/year refining and chemical integration project invested by Hengli Group in Changxing Island, Dalian, and 40 million tons of Zhejiang Petrochemical invested by Rongsheng Holding Group and Tongkun Group in Zhoushan, Zhejiang.

The annual refining and chemical integration project, the Hengyi Brunei PMB petrochemical project invested by Hengyi Group in Brunei, and the refining and chemical integration project invested by Shenghong Group in Lianyungang.

Among them, the Hengli refining and chemical project will soon open up the entire production process to achieve full-load production operations of the entire refinery.

The Zhejiang Petrochemical Refining and Chemical Integration Project is currently progressing smoothly and has started oil operation. It is expected to be put into operation this year.

The Hengyi Brunei PMB petrochemical project is also in full swing.

The Shenghong Refining and Chemical Integration Project started construction at the end of 2018 and is expected to be completed and put into operation in 2021

In this regard, industry analysts pointed out that the “aromatics industry” represented by PX and the “olefin industry” represented by ethylene are called “the two major families” of the petrochemical industry.

Due to the long industrial chain of PX and high added value, the processing of aromatics industry is also known as the “golden industrial chain”.

And 80% of the downstream industries in the global PX industry chain are in China. With the successive launch of several large-scale private refining and chemical projects in China in 2019 and the following years, the “synergy effect” of the whole industry chain will be generated for enterprises and industries, which will form a strong support for the performance of several listed companies. It will also drive the redistribution of profits in the entire polyester industry chain. Polyester Daxie aromatics industry

“From a deeper level, with the successive commissioning of refining and chemical integration projects invested by several private enterprises, the self-sufficiency rate of China’s PX will be improved, and the voice of China’s petroleum and petrochemical industry and petrochemical polyester industry in the global market will also be Will be further improved,” said the industry insiders.

Source : texnet

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Polymers Polyethylene Petrochemicals Prices

Polymers Polyethylene Petrochemicals Prices

  Polyestertime

ITEM18/02/201925/02/2019+/-
Bottle grade PET chips domestic market8,300 yuan/ton8,325 yuan/ton+25
Bottle grade PET chips export market1,080 $/ton1,080 $/ton
Filament grade Semidull chips domestic market7,850 yuan/ton7,750 yuan/ton-100
Filament grade Bright chips domestic market7,825 yuan/ton7,750 yuan/ton-75
Pure Terephthalic Acid PTA domestic market6,485 yuan/ton6,455 yuan/ton-30
Pure Terephthalic Acid PTA export market855 $/ton855 $/ton
Monoethyleneglycol MEG domestic market4,960 yuan/ton4,970 yuan/ton+10
Monoethyleneglycol MEG export market626 $/ton613 $/ton-13
Paraxylene PX FOB  Taiwan market1,106 $/ton1,118 $/ton+12
Paraxylene PX FOB  Korea market1,087 $/ton1,099 $/ton+12
Paraxylene PX FOB EU market1,001 $/ton1,020 $/ton+19
Polyester filament POY 150D/48F domestic market 8,480 yuan/ton8,440 yuan/ton-40
Recycled Polyester filament POY  domestic market8,100 yuan/ton8,100 yuan/ton
Polyester filament DTY 150D/48 F domestic market10,400 yuan/ton10,350 yuan/ton-50
Polyester filament FDY 68D24F domestic market 9,900 yuan/ton9,900 yuan/ton
Polyester filament FDY 150D/96F domestic market9,350 yuan/ton9,250 yuan/ton-100
Polyester staple fiber 1.4D 38mm domestic market8,880 yuan/ton8,820 yuan/ton-60
Caprolactam CPL domestic market13,700 yuan/ton13,800 yuan/ton+100
Caprolactam CPL overseas  market1,600 $/ton1,670 $/ton+70
Nylon6 chips overseas  market1,940 $/ton1,940 $/ton
Nylon6 chips conventional spinning domestic  market14,900 yuan/ton15,200 yuan/ton +300
Nylon6 chips  high speed spinning domestic  market14,800 yuan/ton15,100 yuan/ton +300
Nylon 6.6 chips domestic  market32,500 yuan/ton32,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market17,500 yuan/ton17,900 yuan/ton+400
Nylon6 Filament DTY 70D/24F domestic  market20,500 yuan/ton20,900 yuan/ton+400
Nylon6 Filament FDY  70D/24F  domestic  market18,800 yuan/ton19,200 yuan/ton+300
Spandex 20D  domestic  market39,000 yuan/ton39,000 yuan/ton
Spandex 30D  domestic  market38,000 yuan/ton38,000  yuan/ton
Spandex 40D  domestic  market32,500 yuan/ton32,500  yuan/ton
Adipic Acid domestic market8,600 yuan/ton9,000 yuan/ton+400
Benzene domestic market4,920 yuan/ton4,950 yuan/ton+30
Benzene overseas  market595 $/ton620 $/ton+25
Ethylene South East market1,075 $/ton1,080 $/ton+5
Ethylene NWE  market905 $/ton937 $/ton+32
Acrylonitrile ACN  domestic market12,400 yuan/ton12,400 yuan/ton
Acrylonitrile ACN  overseas market1,450 $/ton1,500 $/ton+50
Acrylic staple fiber ASF  domestic market16,000 yuan/ton16,000 yuan/ton
Viscose Staple Fiber VSF  domestic market13,450 yuan/ton13,450 yuan/ton
PP Powder domestic market8,700 yuan/ton8,700 yuan/ton
Naphtha overseas market  520 $/ton542 $/ton+22
Phenol domestic market 8,600 yuan/ton8,800 yuan/ton+200
PS Taiwan 5250 GPPS1,330 $/ton1,325 $/ton-5
PS Taiwan 8250 HIPS1,390 $/ton1,385 $/ton-5
LDPE CFR Far East 1,022 $/ton1,032 $/ton+10
LLDPE CFR Far East1,002997 $/ton1,012 $/ton+15
LDPE   FOB Middle East1,0984 $/ton1,017 $/ton+33
LLDPE FOB Middle East999 $/ton997 $/ton-2
HDPE CFR Far East1,027 $/ton1,047 $/ton+20
LDPE FD Northwest Europe 1,003 €/ton1,003 €/ton
LLDPE FD Northwest Europe 973 €/ton973 €/ton
Homopolymer PP CFR Far East1,047 $/ton1,070 $/ton +23
Homopolymer PP FD NWE1,171 €/ton1,171 €/ton 
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Adiponitrile plant Shanghai Invista

The world-class adiponitrile plant settled in Shanghai, why is the localization road difficult?

Adiponitrile plant Shanghai Invista

On the news, today, INVISTA and Shanghai Chemical Industry Park (SCIP) signed a memorandum of cooperation to start the design of a 400,000-ton adiponitrile (ADN) production base, with an estimated investment of more than 1 billion US dollars (7 billion yuan), plans Construction began in 2020 and production started in 2023.

It is reported that this is the first adiponitrile plant in China and the largest investment project in the history of INVISTA.

INVISTA is one of the world’s largest integrated producers of chemical intermediates, polymers and fibers.

In the past five years, INVISTA has invested more than US$600 million in China to support the nylon market, including the 215,000-tonne hexamethylenediamine (HMD) plant and the 150,000-ton polymer plant located in the Shanghai Chemical Industry Park (SCIP).

INVISTA has the global know-how for the production of adiponitrile from the butadiene process , which has been the result of nearly 300 million RMB (US$40 million) in research and development in Europe and the Americas in the past four years.

Compared with other technologies, this technology reduces greenhouse gas emissions by half and energy consumption per unit by 40%.

Adiponitrile is 100% dependent on imports

Adiponitrile is a key intermediate in the production of PA66. It is mainly used to produce nylon intermediate diamines, and about 90% of adiponitrile is used in the production of nylon 66 salts.

Due to the high technical barriers and high investment thresholds, the concentration of adiponitrile industry is extremely high.

There are 14 sets of global adiponitrile production facilities with a total production capacity of about 2 million tons. Among them, the five companies of INVISTA, BASF, Solutia, Rhodia, France and Asahi Kasei have a total production capacity of 1.72 million tons.

At present, the global supply of adiponitrile is tight. Most of the production capacity is only used for the production of hexamethylenediamine and nylon 66. Only INVISTA, BASF and Rhodia have some surplus adiponitrile products for sale.

Due to the foreign technology monopoly and blockade of the preparation of adiponitrile by butadiene, there is currently no enterprise in China that can produce adiponitrile on a large scale, all relying on imports, and the price is completely controlled by foreign manufacturers . Even the domestic nylon 66 leading enterprise Pingmei Shenma’s industrial chain is also lacking in adiponitrile.

At present, the adiponitrile of Pingmei Shenma is purchased from INVISTA, and the advantages of industrial integration are remarkable. The company is also working on the new production process of adiponitrile. Due to the technical difficulty, the technical patent of the butadiene method of foreign companies has been China’s registration has progressed slowly.

Domestic equipment is short-lived

On August 22, 2015, Shandong Runxing Chemical Technology Co., Ltd., located in Huantai County, Zibo City, Shandong Province, had a separator fire accident.

The company plans to build 100,000/ton annual HDI and 300,000 tons/year adiponitrile project. Its adiponitrile production system is the first device to adopt acrylonitrile electrolysis process in China.  The company also plans to gradually build supporting projects such as acrylonitrile and nylon 66, and is determined to build a green high-tech fine chemical industry chain.

Runxing Chemical is the only adiponitrile production enterprise in China and has received attention in the industry.

After the accident, the localization time of adiponitrile in China continued to move backward.

PA66 future development

P PA66 still has a lot of room for development, and it is expected that demand growth will come mainly from China in the next decade.  Based on the rapid development of China’s economy, based on China’s per capita nylon occupancy is still at a low level, based on the rapid development of the automotive industry in emerging countries, and the consideration of energy-saving and environmentally friendly development of automobiles, nylon 66 engineering plastics and nylon 66 industrial yarn, nylon 66 airbag wire and so on will have a lot of room for development in the Chinese market.

Compared with the increase in demand, China’s nylon 66 high-performance engineering plastics production capacity is seriously insufficient, and a considerable part of domestic demand depends on imports to meet。 The localization of raw material adiponitrile is still difficult and urgent.

Source : Sohu

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Polymers Petrochemicals Adiponitrile Nylon66 25-02-2019

Polymers Polyethylene Petrochemicals Prices

Crude Oil Prices Trend

On the news, today, INVISTA and Shanghai Chemical Industry Park (SCIP) signed a memorandum of cooperation to start the design of a 400,000-ton adiponitrile (ADN) production base, with an estimated investment of more than 1 billion US dollars (7 billion yuan), plans Construction began in 2020 and production started in 2023.

It is reported that this is the first adiponitrile plant in China and the largest investment project in the history of INVISTA.

INVISTA is one of the world’s largest integrated producers of chemical intermediates, polymers and fibers.

Just after the Spring Festival in 2019, the “Dayu” enterprises in the polyester market released a signal of active expansion, which caused concern in the chemical fiber industry and capital market.

On February 14th, when many downstream clothing brands and terminal retailers actively created a “romantic Valentine’s Day” atmosphere, when the hot-selling festival was busy, the chemical fiber listed company Tongkun Group Co., Ltd. (hereinafter referred to as “Tongkun Shares”) Also “hot” a hand.

Oil prices touched their highest since mid-November on Friday and posted weekly gains for the second week in a row, boosted by hopes that US-China trade talks would soon produce a deal, although new record US oil supply limited gains.

Brent crude futures briefly reached US$67.73 a barrel, their 2019 high. The global benchmark fell 5 cents to settle at US$67.12 a barrel. Brent gained 1.2 per cent on the week.

Marco Mori, Chief Financial Officer. © SSM Schärer Schweiter Mettler SSM Schärer Schweiter Mettler (SSM), Switzerland’s leading supplier of precision winding machines in the fields of dyeing, weaving, and sewing thread preparation, has appointed Marco Mori as Chief Financial Officer. He started as of 1 February 2019 as CFO and member of the management team of the SSM Group.

Mr Mori holds a Bachelor of Science in Business Administration from the University of Applied Sciences in Southern Switzerland (SUSPI) and has many years of experience in finance and controlling.

In addition, to strengthen the worldwide team and to achieve complete customer satisfaction, the company has also announced the appointment of Roman Haefeli as Head of Sales. As of 1 January, Roman Haefeli started as Head of Sales and member of the management board of SSM Horgen. He holds a degree in mechanical engineering from the Swiss Federal Institute of Technology (ETH) and many years of experience in research, development, operations and sales.

Polyester and other synthetic fibres like nylon are major contributor to microplastics load in the environment, according to a Penn State materials scientist, who suggests switching to biosynthetic fibres will solve the problem. Unlike natural fibres like wool, cotton and silk, current synthetic fibres are petroleum-based and are mostly not biodegradable.

“These materials, during production, processing and after use, break down into and release microfibers that can now be found in everything and everyone,” said Melik Demirel, Lloyd and Dorothy Foehr Huck Endowed Chair in Biomimetic Materials.

While natural fibres can be recycled and biodegrade, mixed fibres that contain natural and synthetic fibres are difficult or costly to recycle.

The centre has already developed kitchen cutlery, household furniture and decorative items

GUWAHATI: For the first time in India, scientists from IIT-Guwahati have developed biodegradable plastic with the help of homegrown technology.

In a country where rising pollution levels remain a serious areas of concern, the innovation comes as a major shot in the arm for solid waste management.
The biodegradable plastic has been developed by IIT-G’s Centre of Excellence-Sustainable Polymers (CoE-SusPol), which is funded by the department of chemicals and petrochemicals under Union ministry of chemicals and fertilizers.

The centre has already developed kitchen cutlery, household furniture and decorative items including flower pots and toys using this non-biodegradable plastic variant.
“Ours is the only centre in India which is carrying out research on biodegradable plastic. Though the US has been a major producer of biodegradable plastic, the production costs there are very high.

But our team has managed to achieve this with lower costs by using homegrown technology.

This is cutting-edge innovation and a remarkable achievement,” CoE-SusPol coordinator and principal investigator of the project, Vimal Katiyar, told TOI on Saturday.

He added that the biodegradable plastic, which has passed the hot-beverage test, is unique because it has no hazardous chemicals.

Bio-on, an Italian intellectual property company, and Innova Imagen, a company of the Himes Group with operations in the textile sector in Mexico and the United States with particular attention to eco-sustainable innovation, have joined hands to produce 100 per cent natural and biodegradable bioplastic, obtained from agro-industrial residues and by-products.

The two have signed an exclusive agreement to design the realisation of the first plant in Mexico for this purpose.

The agreement grants to Innova Imagen the exclusive right to realise on the field the development of the investment and evaluate the business initiative regarding the use of the Bio-on technologies in Mexico for a period of 18 months. To Bio-on this is an agreement worth half a million euros, the first of its kind in Central-North American region and confirms the success of the business model based on the licensing of one of the most innovative technologies in the sector of biopolymers.

U.S. West Texas Intermediate and international-benchmark Brent crude oil futures are grinding higher at the end of the week as they head toward major upside objectives. If reached, traders will have major decisions to make since these objectives are often viewed as profit targets. Short-sellers are likely to vigorously defend these areas in an effort to form secondary lower tops, while aggressive counter-trend buyers are going to try to drive the market through these areas.

Driving prices higher is OPEC and its ally’s quest for a balanced market. Saudi Energy Minister Khalid al-Falih said on Wednesday he hoped the oil market would be balanced by April and that there would be no gap in supplies due to the U.S. sanctions on OPEC members Iran and Venezuela.

The Austrian recycler ‘PET to PET Recycling Österreich GmbH’ recorded a plus of 9 % in the recycling of PET bottles in 2018.

With the growing demand for recycled material, the required capacity of the PET recycling line is increasing as well: Together with manufacturer Starlinger recycling technology, the output has recently been raised by 20 %.

Located in Austria’s east, the recycling company PET to PET has processed about one billion PET bottles or 25,400 tons in 2018 – a plus of 9 % compared to the previous year. The five largest domestic beverage producers (Coca-Cola, Egger, Rauch, Spitz und Vöslauer) jointly operate the site with the aim of recovering recycled material from local sources for reuse in PET bottles.

For these Austrian brand owners, “circular economy” is more than just a buzzword: On average, domestic PET bottles already include 30-50 % of recycled material. Vöslauer even lists a content of roughly 60 % per bottle of mineral water and a planned increase to 100 % within the next years.

The flagship of the company is the 0.5 liter bottle, which is made of 100 % recycled PET while using the same amount of material.

LAHORE: The Punjab Food Authority (PFA) on Sunday issued a standard operating procedure (SOP) for plastic bottle industry, ARY News reported.

Only food grade plastic bottle should be used for eatables, while bottle made with used plastic should not be used for eatables.

Used bottle should have written ‘it is not for use of edible items’. These bottles/ containers with the warning could be used for other items though.

The PFA has constituted special operation teams for raids during night time. The PFA director vigilance has been made in-charge of the operation teams.

Oil prices rise on US, China trade deal optimism

Illustrative image – This Dec. 22, 2018, file photo shows a pump jack over an oil well along Interstate 25 near Dacono, Colo. (AP Photo/David Zalubowski, File)

Shale oil output in the US as well as compliance to Opec+ production cuts will determine the course of oil prices for the rest of 2019, analysts said.

Oil prices rose in the last few days due to US, China trade talks and on optimism that a deal would be reached between the two powerful countries to boost global economy and trade. Brent and West Texas Intermediate rose to a 2019 high of $67.75 per barrel at $57.81 per barrel respectively.

“For 2019, the key driver will be compliance with the Opec+ production cuts agreed to in December 2018.

New Delhi wants to diversify import sources

India is seeking to diversify its oil import sources amid tough U.S. sanctions on Iran and Venezuela, two key members of the Organization of the Petroleum Exporting Countries that provides the bulk of its crude needs.

On Monday, state-run Indian Oil Corp., the country’s largest refiner and fuel retailer, announced the signing of an annual contract for the purchase of U.S. crude under which it will import three million tons of oil worth about $1.5 billion in the fiscal year beginning April.

UK polyethylene (PE) and polypropylene (PP) buyers have been getting a surprise this week as some sellers have been informing them of changing terms for as early as April, as the official Brexit date looms.

A ship flying the British flag outside the Falkland Islands (source: Global Warming Images/REX/Shutterstock)Several have been informed they will be offered only on a duty unpaid basis, and that buyers may have to see to clearing customs themselves.

“I told them they can’t just change the terms of my contract,” said one buyer. “We have a contract in place.”

A major producer was heard to be offering all sales on a duty unpaid basis from April.

Another buyer said its haulier was not prepared to bring product from the EU into the UK in April.

“I will use somebody else,” said the buyer. “To be honest, I’m not worried. I’ve got April covered.”

“We are considering selling on a DDU [delivered duty unpaid] basis,” said a trader, “but we haven’t settled anything yet.”

High inventories weigh on sentiment in the US PP market

High inventory levels continue to weigh on sentiment in the US polypropylene (PP) market, with participants currently anticipating that contracts might settle lower for a fourth consecutive month.

PP inventories in North America rose 19% between the months of September and December, according to data from the American Chemistry Council (ACC) and Vault Consulting.  Inventory levels reached their 2018 high point in December at a level 6.7% above the second highest inventory figure for 2018 recorded in November.

Debottlenecking projects added some capacity to the market over the past year, while operating rates also improved in recent months as some major plant outages from earlier in the year were resolved.

Ample monomer inventories have also encouraged higher PP production and inventory levels. According to data from the Energy Information Administration (EIA), propylene inventories hit a fresh record high on the week ended 15 February.

Contract and supply at zero km: three companies united to create industry 4.0 “made in Alba” (Italian Language Only)

The Sublitex (Miroglio group) has entrusted Bianco and Dromont with the task of creating two mega machines

Sublitex (Miroglio group), Bianco and Dromont are three excellent entrepreneurial companies that are only a few kilometers away in Alba. For Sublitex and Bianco, you should more correctly talk about a few meters. But the horizon of their productions is much wider: the fabrics printed by Sublitex end up 80% abroad and the same goes for the machines of Bianco, while for the dosing systems for the mixing of inks and varnishes designed from Dromont it reaches 95%.

The company, which is the optical sorting division of CP Group, explained that when processing lightweight materials such as flexible plastic packaging or single sheets of paper, controlling the trajectory of those types of materials inside the eject hood is challenging.

Building on years of experience from previous designs, MSS said that the newly patented PrecisionFlow™ eject hood uses a curved design that eliminates back pressure and smoothly guides the materials by using air flows along the outline of the wall.

The ECO melt filters by Ettlinger, part of Maag and Dover, will make it easier to treat recycled material for the film, packaging tape and fiber industry, and help plastics recyclers remove challenging contaminants like paints, silicones, barrier materials, cross-linked fractions and gels from the melt.

In particular, the new filter screens will enable cost-efficient conversion of post-consumer Polyethylene Terephthalate (PET) bottle flake and fines, which generally occur in large amounts, into recycled material with excellent usage properties.

Recycled PET from post-consumer bottle flake is highly sought-after in the industry as a raw material for thermoforming packaging, fibers or packaging tapes. Against the background of increased environmental awareness, such products are also widely accepted – and in considerable demand – among consumers.

The construction of the plant is expected to commence in 2020 with operations likely to begin in the year 2022.

INVISTA, one of the world’s largest producers of polymers, fibers and chemical intermediates, has recently inked a memorandum of cooperation (MoC) with the Shanghai Chemical Industry Park (SCIP) to set up adiponitrile (ADN) plant in Shanghai, China.

INVISTA and SCIP sign memorandum of cooperation for China ADN plant

Sources close to the matter claim that the plant, with a capacity of engineering 400,000-ton adiponitrile (ADN), is currently underway and is estimated to require an investment of over $1 billion (7 billion RMB). Moreover, the construction of the plant, with the support of local authorities, is expected to commence in 2020 while operations are expected to begin by 2022, claim sources.

 

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