Polymers Polyethylene Petrochemical Prices

Polymers Polyethylene Petrochemical Prices

Polyestertime

ITEM08/04/201915/04/2019+/-
Bottle grade PET chips domestic market8,675 yuan/ton8,650 yuan/ton-25
Bottle grade PET chips export market1,125 $/ton1,110 $/ton-15
Filament grade Semidull chips domestic market7,850 yuan/ton7,875 yuan/ton+25
Filament grade Bright chips domestic market7,950 yuan/ton7,950 yuan/ton
Pure Terephthalic Acid PTA domestic market6,770 yuan/ton6,700 yuan/ton-70
Pure Terephthalic Acid PTA export market850 $/ton855 $/ton+5
Monoethyleneglycol MEG domestic market4,800 yuan/ton4,700 yuan/ton-100
Monoethyleneglycol MEG export market612 $/ton599 $/ton-13
Paraxylene PX FOB  Taiwan market1,038 $/ton1,068 $/ton+30
Paraxylene PX FOB  Korea market1,019 $/ton1,049 $/ton+30
Paraxylene PX FOB EU market910 $/ton910 $/ton
Polyester filament POY 150D/48F domestic market9,225 yuan/ton9,135 yuan/ton
-90
Recycled Polyester filament POY  domestic market8,400 yuan/ton8,550 yuan/ton+150
Polyester filament DTY 150D/48 F domestic market10,570 yuan/ton10,620 yuan/ton+50
Polyester filament FDY 68D24F domestic market 10,300 yuan/ton10,300 yuan/ton
Polyester filament FDY 150D/96F domestic market9,650 yuan/ton9,670 yuan/ton+20
Polyester staple fiber 1.4D 38mm domestic market8,980 yuan/ton8,970 yuan/ton-10
Caprolactam CPL domestic market14,350 yuan/ton14,350 yuan/ton
Caprolactam CPL overseas  market1,720 $/ton1,720 $/ton
Nylon6 chips overseas  market2,090 $/ton2,090 $/ton
Nylon6 chips conventional spinning domestic  market15,300 yuan/ton15,250 yuan/ton-50
Nylon6 chips  high speed spinning domestic  market15,650 yuan/ton15,650 yuan/ton 
Nylon 6.6 chips domestic  market30,500 yuan/ton29,700 yuan/ton-800
Nylon6 Filament POY 86D/24F domestic  market18,200 yuan/ton18,300 yuan/ton+100
Nylon6 Filament DTY 70D/24F domestic  market21,200 yuan/ton21,200 yuan/ton+200
Nylon6 Filament FDY  70D/24F  domestic  market19,400 yuan/ton19,300 yuan/ton-100
Spandex 20D  domestic  market39,500 yuan/ton39,500 yuan/ton
Spandex 30D  domestic  market38,500  yuan/ton38,500  yuan/ton
Spandex 40D  domestic  market33,000  yuan/ton33,000  yuan/ton
Adipic Acid domestic market8,400 yuan/ton8,300 yuan/ton-100
Benzene domestic market4,325 yuan/ton4,350 yuan/ton+25
Benzene overseas  market621 $/ton642 $/ton +21
Ethylene South East market920 $/ton930 $/ton+10
Ethylene NWE  market1,079 $/ton1,079 $/ton
Acrylonitrile ACN  domestic market13,500 yuan/ton14,300 yuan/ton+800
Acrylonitrile ACN  overseas market1,750 $/ton1,750 $/ton
Acrylic staple fiber ASF  domestic market16,900 yuan/ton16,900 yuan/ton+500
Viscose Staple Fiber VSF  domestic market12,400 yuan/ton12,400 yuan/ton+100
PP Powder domestic market8,950 yuan/ton8,900 yuan/ton-50
Naphtha overseas market  557 $/ton582 $/ton+25
Phenol domestic market 8,663 yuan/ton7,800 yuan/ton-863
PS Taiwan 5250 GPPS1,290 $/ton1,325 $/ton+35
PS Taiwan 8250 HIPS1,365 $/ton1,380 $/ton+15
LDPE CFR Far East 1,042 $/ton1,042 $/ton
LLDPE CFR Far East1,0021,022 $/ton1,022 $/ton
LDPE   FOB Middle East1,01,027 $/ton1,027 $/ton
LLDPE FOB Middle East1,007 $/ton1,007 $/ton
HDPE CFR Far East1,057 $/ton1,067 $/ton+10
LDPE FD Northwest Europe 1,063 €/ton1,083 €/ton+20
LLDPE FD Northwest Europe 1,033 €/ton1,063 €/ton+30
Homopolymer PP CFR Far East1,090 $/ton1,100 $/ton+10
Homopolymer PP FD NWE1,201 €/ton1,201 €/ton
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Polymers Petrochemicals Biodegradable Polyester 15-04-2019

Crude Oil Prices Trend

Polymers Petrochemicals Biodegradable Polyester

Polymers Polyethylene Petrochemical Prices

Polymers Petrochemicals Biodegradable Polyester

Sallorenzo is an experienced manager in the fashion industry with a consolidated international experience. It will have to guide the company towards leaner business models and give greater impetus to the foreign market

In the meeting held last April 9, Miroglio Fashion approved the 2018 financial statements and formalized the change in governance with the appointment of a new Board of Directors. Concludedt he fruitful collaboration with the a.d. Hans Hoegstedt, on the expiry of the mandate, the Miroglio Fashion Board of Directors was in fact renewed with the intention of bringing new strategic skills, able to guide the new phase focused on international development, digital and ever greater autonomy of individual brands.

Miroglio Fashion: Gaetano Sallorenzo

ICIS on Friday launched its 16th annual ICIS Innovation Awards, designed to recognise outstanding technological and business innovation in the chemical industry.

BASF, one of the world’s leading chemical producers, is once again the overall lead sponsor for the Awards.

“As the most innovative company in the chemical industry, BASF has long been developing solutions for the biggest challenges of our time, and has enjoyed great success in doing so,” says Detlef Kratz, president of process research and chemical engineering at BASF.

“For this reason, we are honoured to support the ICIS Innovation Award again this year and acknowledge the teams and people behind contributions for a sustainable future. We are optimistic that brilliant minds will come up with outstanding ideas. We wish all of them great success.”

The benchmark Shankar 6 variety of cotton jumped more than 10% to trade at Rs 12,907 a quintal on Friday

India is fast losing its cotton export market to Brazil due to a sharp increase in the fibre prices over the last six weeks which makes Indian shipments uncompetitive in world markets.

The benchmark Shankar 6 variety of cotton jumped more than 10 per cent to trade at Rs 12,907 a quintal on Friday as against Rs 11,698 a quintal on February 28. With the Cotton Association of India (CAI) forecasting that India’s cotton output will remain lower during the current season, its arrivals have started declining gradually. Cotton harvesting ended early this season due to reports of crop damage in major fibre producing states including drought-hit Maharashtra and Gujarat.

Apart from rising domestic cotton prices, the appreciating rupee has made actual realisation lower than the depreciating Brazilian real. While the rupee appreciated by 2.27 per cent to close at Rs 69.18 against the dollar on Friday compared to Rs 70.75 on February 28

Deep in the Mariana Trench, the deepest part of the Earth’s oceans, scientists have discovered a unique oil-eating bacteria that can play a role in cleaning up man-made oil spills.

In a study published in the journal Microbiome, researchers from the University of East Anglia (UEA), and China and Russia, detail how they undertook the most comprehensive analysis of microbial populations in the trench, located in the Western Pacific Ocean and which reaches a depth of approximately 36,089 feet (11,000 meters).

The chairman of Libya’s National Oil Corporation, Mustafa Sanallah, has said that renewed fighting in the country could “bring down” the country’s production of crude oil.

During his meeting with Chairman of the Presidential Council of the Libyan Government of National Accord (GNA), Fayez Al-Sarraj, Sanallah said that the country’s export of oil and gas is facing its biggest threat since 2011. This is due to the size of the battles and the repercussions of war, the most recent of which have taken place in the suburbs of Libyan capital Tripoli, according to the “Information Office of Al-Sarraj” on Facebook.

To date, oil supplies in Libya have not been affected by the clashes between the forces of General Khalifa Haftar and the forces of the internationally recognised Government of National Accord.

Last week, the association of plastic manufacturers in the country engaged the media at the British Council Hall to discuss plastics. Of course, the discussion was about the negative fallouts from plastic use and management in the country. Indeed, the world is saddled with this challenge as evidenced from measures taken by some countries to control the pollution.

The executives of the association observed rather worryingly that a decision that their members use oxy-biodegradable additives in the manufacture of their products is not being adhered to. To put it bluntly, the directive has been trampled upon with impunity.

Iran’s oil minister said on Sunday that U.S. sanctions on Iran and Venezuela and tensions in Libya have made the supply-demand balance in the global oil market fragile, and warned of consequences for increasing pressures on Tehran.

Oil prices have risen more than 30 percent this year on the back of supply cuts led by the Organization of the Petroleum Exporting Countries and U.S. sanctions on oil exporters Iran and Venezuela, plus escalating conflict in OPEC member Libya.

“Oil prices are increasing every day. That shows the market is worried,” Bijan Zanganeh was quoted as saying by Tasnim news agency.

A plant to manufacture PET pellets by breaking down old clothes and polyester and cotton fibre through a recycling process, is being planned in Dubai.

With an initial estimated investment of $30 million, the plant will follow the public-private-partnership (PPP) approach to attract funds from businesses in the United Arab Emirates and use Japanese expertise.

This was announced at a panel discussion titled ‘How Sustainable is Sustainability?’ in Dubai recently organised by Blossom Trading, which imports Dishdasha and Kandoora materials from Japan to the Gulf Coordination Council, Iraq and Yemen markets, along with Itochu, one of Japan’s largest trading companies.

After Texas pushed the United States over the last decade to become the world’s biggest oil producer last year, the heart of the shale revolution is starting to show fatigue.

The volume of crude being pumped out of Texas recently saw its first monthly dip in a year.

Oil well productivity in Texas’s Permian basin – the country’s largest oil field – is falling, and the number of drilling rigs operating in the United States declined for six straight weeks before rebounding this week.

Oil supply concerns in Libya renewed following clashes

Abu Dhabi: Oil markets are expected to remain supported due to geopolitical tensions in a number of oil producing countries as well as output cuts enforced by Opec and its allies, according to analysts.

“With geopolitical risks continuing to impact production from Venezuela and Iran and now also potentially Libya and even Algeria, the crude oil market is likely to remain supported until the price reaches a level that is satisfactory for Opec and Russia,” said Ole Hansen, head of commodity strategy at Saxo Bank.

Libya, one of the important members of Opec has been going through a crisis following clashes between different armed groups for the control of power at the capital city Tripoli whereas production has been hit hard in Venezuela and Iran, due to sanctions by the United States government.

Choosing a car for its environmental credentials goes a lot further than just swapping petrol or diesel for electric power.

Many drivers now look at the whole life sustainability of their next car and that means assessing how much of it can be recycled and what proportion of materials used in its construction have already been sourced from recycled materials.

A lot of new car buyers will shun leather for ethical reasons, yet this is one of the oldest upholstery coverings in the world.

There’s a good reason for that: it’s hard-wearing and lasts longer than most other fabrics.

This on its own makes it a more sustainable choice, but what can make leather a cleaner, greener option is knowing where it’s from and how it was produced.

French Textile Machinery Manufacturers are offering hardware, software and services.

Evelyne Cholet, the Secretary General of their association, states that “The French textile machinery manufacturers are technology partners for their customers.

Together they cooperate on long term basis often from a specially designed machine to many after sales services”.

The objective of these services is to let the customers get the best return from their investments.

They include, for examples, remote assistance through internet, spare parts availability and upgrading.

The nose knows when there’s something in the air in a vehicle. A wire is smoking, fluid is leaking or something’s rotten.

But what if the nose can’t figure it out?

Aryballe Technologies, a French food and cosmetics industry tech supplier, is developing a sensor to identify errant smells in a vehicle.

The detection system could zero in on a lingering smell from under the passenger seat or a scent arising from the engine compartment.

Or maybe the last driver was just smoking cheap cigars.

Researchers at Ohio State University in the US recently outlined in Polymer journal their creation of a tough material that can be used like plastic, but their product is not bad for the environment.

Normal plastic is not biodegradable, a major environmental concern.

The research team said they successfully created a product using a microbial fermentation system that functions as conventional plastic.

The study involved melting rubber into a plant-based thermoplastic called PHBV along with organic peroxide and trimethylolpropane triacrylate.

Last month, I wrote about the growing divide between economic theory and real-world economic conditions, and reminded readers that economics is still a social science, despite whatever loftier ambitions its practitioners may have.

Nonetheless, when it comes to the specific question of what drives economic growth in the long term, one can still offer rigorous predictions by focusing on just two forces.

Specifically, if one knows how much a country’s working-age population will grow (or shrink), and how much its productivity will increase, one can predict its future growth with considerable confidence.

The first variable is reasonably predictable from a country’s retirement and death rates; the second is more uncertain.

Indeed, the reported slowdown in productivity across advanced economies since 2008 is widely regarded as an economic mystery.

As Iran struggles to sell 6 MMbbl of oil, only one deal has closed for 35,000 bbls, so far.

Iran’s oil production and exports have slumped after the U.S. reinstated sanctions last year, and new curbs are set to further restrict its exports. Exemptions for importing countries including Japan, China, Turkey, India and South Korea have partially cushioned the blow.

With foreign investors steering clear of the world’s fourth-largest holder of crude, it’s trying via the Iran Energy Exchange to offload some oil to domestic buyers. Sales have been dismal, and even Iranian oil officials concede that the physical contracts are undesirable as long as oil sanctions remain intact.

The Circular Economy Accelerator wants to bring together forward-thinking companies to proactively pursue policy solutions to catalyze the circular economy for good.

The Recycling Partnership announced the Circular Economy Accelerator, a new initiative that will proactively drive policy solutions for stronger recycling and a robust circular economy in the United States.

“Consumers, businesses, and policymakers recognize that the U.S. recycling system is facing a critical inflection point – but we see it as an opportunity,” said Sarah Dearman, Executive Director of the Circular Economy Accelerator. “By leveraging public-private solutions to drive sustainable investment in recycling infrastructure and implementing policies that incentivize recycling over disposal, we can put the U.S. on the path to a truly circular economy.”

The abacá plant grows without needing lots of water or pesticides, helps stop erosion, and is now being used to replace fossil fuels in clothes.

This sleek backpack now available in stores in Copenhagen and Zurich started life in a forest in the Philippines, where fiber from banana plants is now harvested to turn into a new type of technical material. Qwstion, the Swiss brand that makes the bags, spent the last few years working with a yarn specialist to design the fabric, called Bananatex.

Now the company wants to help other brands use it to start replacing polyester and other plastic-based material.

NSC (N. Schlumberger) will display latest core machines at ITMA 2019, in hall 6-A107. The textile and garment technology expo will be held in Barcelona, Spain, from June 20-26, 2019. Designer of textile machinery and complete fibre-to-yarn lines, NSC is a leader in combing/recombing, spinning preparation, tow to top, and semi-worsting of long staple fibres.

The ERA combing machine will be presented in a multi-servomotor drive design. With this new drive, most of the settings will be possible via the main control screen. A wide range of materials have been tested on this new ERA combing machine and results are promising mainly for delicate material which has to be processed in a gentle manner. Also, despite the additional motors, power consumption remains relatively low, the company said in a media statement.

Energy-from-waste firm Waste2Tricity has revealed plans to develop the UK’s first industrial-scale facility capable of converting waste plastics into hydrogen in Cheshire.

Waste2Tricity is set to apply for planning permission to build the £7m facility later this spring, after parenting with developer Peel Environmental, which has agreed to host it on its Protos site near Ellesmere Port.

The proposed facility will span 54 acres and have the capacity to treat up to 25 tonnes of waste plastic each day, generating one tonne of hydrogen and 28MWh of electricity in the process. Waste2Tricity claims that it would be capable of processing almost all kinds of plastics, including packaging, rigid plastics and used tyres.

Johns Manville (JM) has showcased its advanced composites technology, including its OS-6 series and the newly released NCF-6 and CR-6 series, at the recently held JEC World 2019 show in Paris.

The OS-6 series is an AP Nylon Composites Sheet reinforces with continuous woven fabric and impregnated using JM proprietary technology with complete fibre impregnation to enhance impact resistance, strength, and stiffness in thermoplastic composites.

The new CR-6 series combines formability with excellent impact resistance through a chopped roving (CR) reinforcement.

This innovative product enables a range of high formability applications for thermoplastic sheets with quasi isotropic properties.

Alchemie is pleased to announce the launch of a breakthrough new technology in textile dyeing: The Alchemie Endeavour waterless smart dyeing process, at Interdye on April 10 in Shanghai, delivering a step change in sustainability at a radically lower cost.

The Alchemie Endeavour waterless smart dyeing process is capable of throughputs of over 2000 sqm per hour and will reduce waste water and energy by over 80 percent. This delivers a > 50 percent reduction in cost.

The waterless process can deliver dyed fabric that does not require post dyeing washing steps to deliver a finished product; a remarkable sustainability advantage.

ASU professor Taylor Weiss works on developing bio-plastics in a lab on ASU’s Polytechnic campus

“Plastics will fade away into history with the help of bacteria.” Illustration published on Sunday, April 14, 2019.

Tucked within ASU’s Polytechnic campus, in the unassuming Mesa desert, ASU affiliates take part in the world’s largest algae test-bed facility, working on the cutting edge of sustainability research.

The facility, called the Arizona Center for Algae Technology and Innovation, is home to labs dedicated to using algae technology to develop sustainable alternatives to agriculture, commodities and energy.

Even though the name AzCATI isn’t commonly heard on the main campus, companies and countries across the world send scientists to the center year-round to learn about algae technology.

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