China’s polypropylene (PP)import and domestic markets face downwardpressure from prospects of supply glut and weakdemand, brought on by new capacities and thefallout in trade negotiations with the US.
Weak demand caused by escalatedUS-China trade war
Oversupply from new domestic andoverseas capacities
A market overview for first-half2019
Both import and domestic PP prices have beenfalling amid the US-China trade disputes, withdownstream demand hammered after the US slappedtariffs on $200bn in Chinese products from 10%to 25% as of 10 May.
Transit packaging is a hidden cost when it comes to retail. It may seem like a simple problem but, in reality, it’s not that easy to solve. Aside from the initial cost of the materials and testing iterations, there’s also the cost of container optimisation – a challenge in itself when brands can have over 20,000 transit packaging options to their name. Once they have served their purpose, warehouse teams often cast aside the packaging remnants and send them to landfill – but what if retailers took a cyclical approach?
The first heavily automated mass-market vehicles for consumers could go on sale as soon as 2022, if one or more vehicle manufacturers adopt a new sub-$500 lidar sensing package being developed by Silicon Valley startup Luminar.
The tremendous cost of lidar – prices for individual sensors currently range from about $6,000 to more than $100,000 – is one of the big stumbling blocks to the wide rollout of self-driving vehicles, whether in commercial delivery and robo-taxi fleets such as those being developed by Ford Motor and General Motors, or in passenger vehicles aimed at consumers. Thermoplastics Petrochemicals Packaging
While Europe’s economy continuesto expand, the slowdown in the manufacturingsectors is reducing demand for chemicals, withsome analysts forecasting that long-term trendsare only set to exacerbate this.
The 19-country eurozone is also suffering froma global slowdown in which Germany’s powerfulexport-oriented manufacturing sector has takena hit: the US-China trade war has indirectlycaused a slowdown for demand of Germanproducts, with the automobile sector being themain exponent of that. Thermoplastics Petrochemicals Packaging
Liquid masterbatches are used as a raw material in the processing of plastics in order to impart color or other special properties to the end product. There is an increased use of plastics the world over and this is driving the liquid masterbatches market along with a growing demand from end use sectors like automobiles, packaging and healthcare. The other factor propelling the growth of the liquid masterbatches market include increasing demand for colorful and innovative solutions from the luxury goods packaging industry.
Recycling has been called a Band-Aid solution, but Dr. Max Liboiron, director of the Civic Laboratory for Environmental Action Research (CLEAR) in St. John’s, Newfoundland, had a far more poetic description when she said, “Recycling is like a Band-Aid on gangrene.”
Liboiron, who studies microplastics in waterways and food webs, is the subject of a 13-minute film called ‘Guts,’ created by Taylor Hess and Noah Hutton and published by the Atlantic Thermoplastics Petrochemicals Packaging
As part of its closed-loop philosophy, CarbonLITE Industries, one of the world’s largest recyclers and producers of post-consumer PET (polyethylene terephthalate plastic) is launching a new category: 100% post-consumer ocean-diverted plastic. CarbonLITE’s newest offering will replace virgin materials for food, beverage, and cosmetic applications. These products will have the dual benefit of reducing ocean plastics and the amount of virgin material produced.
New York, June 14 Shale producers stand to benefit from the oil-market volatility unleashed by an attack on two oil tankers in the Gulf of Oman, as US companies vie with the Organization of the Petroleum Exporting Countries (OPEC) for global market share, the media reported on Friday.
The incident near the Strait of Hormuz on Thursday, through which one-third of the world’s shipped oil passes, highlighted the risks associated with delivering oil from the Persian Gulf.
Coca-Cola Beverages Philippines Inc. (CCBPI) said on Tuesday the construction of its food-grade recycling facility would begin in the third or fourth quarter of the year and is expected to be completed by 2020.
“We are hoping to break ground this year and that [recycling facility] would be fully operational by 2020. Thermoplastics Petrochemicals Packaging
Downers Grove, Ill. – Dover Digital Printing, part of Dover, is announcing a range of new and enhanced products and technologies to be exhibited at the International Textile Machinery Association (“ITMA”) exhibition in Barcelona, Spain. Dover Digital Printing brands MS Printing Solutions, JK Group and Caldera will showcase new printing technology, specialized textile inks and the latest developments in raster image processor (“RIP”) software. Occurring once every four years, ITMA runs from June 20-26, 2019, and is recognized as the world’s foremost event for the textile and garment industries. Thermoplastics Petrochemicals Packaging