- China – Polyethylene Terephthalate
- PET and its chain very weak and this in contrast to the increase in oil.
- Polyamide 6 and its chain are steady,but with small signs of recovery.
PET Bottle grade export 1,060/1,110 $/ton – PET Bottle grade domestic market 8,500/8,650 yuan/ton – PET Filament grade SD domestic market 7,700/7,850 yuan/ton – PET Filament grade BR domestic market 7,750/7,900 yuan/ton
PTA Taiwan 840/850 $/ton – PTA domestic market 6,400/6,500 yuan/ton – MEG $ 600/615 $/ton – MEG domestic market 4,700/4,800 yuan/ton – PX Korea 1,015/1,030 $/ton
POY 150D/48F domestic market 8,950/9,050 yuan/ton – DTY 150D/48F domestic market 10,550/10,650 yuan/ton – PSF domestic market 8,700/8,850 yuan/ton
Husky Injection Molding Systems has announced the launch of its next generation HyPET HPP5e system, building upon the proven industry-leading technology of the HPP platform.
HyPET HPP5e is the result of significant technology improvements that work together to deliver better energy saving, system reliability, preform quality and user friendliness.
Rob Domodossola, Husky’s President of Rigid Packaging, said: “Husky originally launched the HyPET HPP5 system as the world’s most productive and fully integrated preform moulding solution capable of delivering the most challenging preform applications, without compromising system performance, output, or quality.”
Crude Oil Prices Trend
- Levissima, leading Italian water brand, trusts Sidel’s new EvoDECO Roll-Fed Labeller to secure line performance and label quality
Levissima, part of Sanpellegrino Group (Nestlé Waters), needed to address the growing demand for bottled water in Italy with a new complete line, producing its re-designed 1.5 litre bottle of pure, Alpine water.
With the help of its long-standing partner, Sidel, Levissima was able to improve the quality of its label application while simultaneously increasing the output capacity.
This is an achievement that took advantage of the new EvoDECO Roll-Fed, the latest addition to Sidel’s labelling portfolio.
China’s domestic low densitypolyethylene (LDPE) prices have fallen to theirlowest level in 10 years and may remain weakbecause of ample supply.
Low densitypolyethylene (LDPE) is used in the manufacture oftrash bins, among others. (Photo by MichaelWeber/imageBROKER/REX/Shutterstock)
In the last trading day of March, spot pricesin east China were assessed at yuan (CNY)8,950/tonne ($1,334/tonne) EXWH (ex-warehouse),down by CNY175/tonne or 2% from 15 March,according to ICIS data.
Spot domestic prices were last seen at theselevels in 2009, the data showed.
LDPE prices have been declining since mid-Marchdue to high inventories from producers andimporters.
Strong availability of supply have kept pricesin both the domestic and import markets underpressure.
China LDPE imports posted an 11% year-on-yearincrease in the first two months of 2019,despite a strong increase in domestic capacityin recent years.
CertainT blended towels will arrive at stores this month
Loftex CertainTNew York – Loftex has announced the first retail introduction of its bath towels including recycled PET (rPET) source-verified by the CertainT platform.
Arriving at retail this month, the towels were originally introduced to consumers via e-commerce. The CertainT tagging and tracing platform is provided by Applied DNA Sciences, which specializes in PCR-based DNA manufacturing for product authenticity and traceability.
Loftex created the eco-friendly towel, which is partially comprised of rPET materials, as part of its commitment to sustainability both in manufacturing and finished products.
The company markets and sells bath and beach towels with CertainT source verification for rPET through an exclusive licensing agreement with Applied DNA. Additional products utilizing CertainT source-verification for rPET will continue to be introduced in towels and other home products this year, Applied DNA said.
The EU’s proposal to introduce a 90% collection target for PET beverage bottles by 2029 is unlikely to be met without significant investment in infrastructure and waste management collection, according to Wood Mackenzie Chemicals.
The commercial intelligence analysts said up to 60 new reprocessing plants will likely be required in order to recycle this additional volume in collected waste.
The EU directive also calls for 25% of recycled plastic from 2025, increasing to 30% from 2030, in all PET beverage bottles, which Wood Mackenzie Chemicals says will lead to a six-fold increase in demand for recycled PET in Europe by 2030.
Since 2004, China has been the world’s largest generator of waste, including plastics — but at least it’s trying to address the problem
Since 2004, China has been the world’s largest generator of waste, including plastics. And, since 2010 at least, China has been the largest source of waste plastic flowing into the world’s oceans.
To its credit, the Chinese government has tried to shrink the problem. In recent years, it’s forced retailers to charge for single-use plastic bags that aren’t biodegradable (with questionable success); Jilin province has banned such bags and food-service items outright. The tropical island of Hainan plans to impose an even wider ban starting in 2020.
Leading Irish wholesale supplier to the foodservice, retail and SME sectors, Musgrave MarketPlace, has announced this morning that sales of its eco-friendly packaging and disposables range saw a dramatic increase in sales of 131% in 2018.
The support for eco-friendly products has continued into 2019, as sales for the first 9 weeks of 2019 are up 198% compared to the same time last year. The eco-friendly packaging and disposables products are available at all Musgrave MarketPlace branches nationwide.
Echa has started the public consultation on its restriction proposal for intentionally added microplastics in products.
The consultation is open until 20 September, but the agency has encouraged early submissions to make it easier for its committees to consider responses.
Echa published the proposal on 30 January, after a request by the European Commission a year earlier for a REACH Annex XV restriction dossier for microplastics. The request forms part of the EU plastics strategy.
Rising Prices of Polybutylene Terephthalate (PBT) Spurred by Increasing Raw Material Costs
A semi-crystalline resin, polybutylene terephthalate (PBT) is well-established in the automotive and E&E industries.
The tremendous dimensional stability which stems from minimal water uptake, the high heat deflection temperature and the high stiffness of the polyester offer an amalgamation of engineering properties.
Archroma, a leader in colour and specialty chemicals towards sustainable solutions, will be presenting its system solutions for optimised productivity and/or value creation in textile colouring and manufacturing at China Interdye, in Shanghai, next week.
The company offers a wide portfolio of dyes and chemicals aiming to increase sustainability and innovation along the entire value chain, from fibre to finish.
The systems and innovations presented by Archroma have been developed and selected for their compliance with The Archroma Way: safe, efficient, enhanced, it’s our nature.
“With our expert system solutions for colour and performance, we touch and colour people’s lives every day everywhere in markets like automotive or sportswear,” explained Robert Liu, Head of Sales for China at Archroma.
Unilever has launched a fully recyclable plastic bottle made from 100% recycled content under its soap brand Sunlight, marking a first for the consumer goods firm’s South African arm.
Launched late last week, the recycled bottles are now used to house all 750ml and 400ml packs of Sunlight washing up liquid sold across Unilever’s South African market, with plans to roll them out across other countries which sell Sunlight in the pipeline. They are made from a mixture of both of pre and post-consumer (PCR) PET.
OPEC’s oil production in March 2019 fell to its lowest level since February 2015, as Saudi Arabia cut more than it had pledged under the output cut deal and Venezuela continued to struggle amid U.S. sanctions and a major blackout, the monthly Reuters survey showed on Monday.
The combined production of all 14 OPEC members stood at 30.4 million bpd last month, down by 280,000 bpd compared to February and the lowest level of OPEC production since February four years ago, according to the survey.
Saurer is set to present new textile machinery at ITMA 2019 expo, in stand B201, hall 6. Saurer is a leading globally operating technology group focusing on machinery and components for yarn processing, headquartered in Switzerland. The leading international textile and garment machinery exhibition will be held from June 20-26, 2019, in Barcelona, Spain.
The innovations that Saurer spinning solutions will show at ITMA include new machinery, automation and digitisation technologies as well as quality-determining components and services. Saurer’s solution approach is also integrated into the product portfolio of the segment. Managing the spinning value chain from finalised package down to fibres gives Saurer a knowledge base that translates into a competitive advantage for our customers. For Saurer, the solution consists of more than just machinery.
Theresa May will ask the EU for an extension to the Brexit deadline to “break the logjam” in Parliament.
The PM says she wants to meet Labour leader Jeremy Corbyn to agree a plan on the future relationship with the EU.
But she insisted her withdrawal agreement – which was voted down last week – would remain part of the deal.
Mr Corbyn said he was “very happy” to meet Mrs May, and would ensure plans for a customs union and protection of workers’ rights were on the table.