Polymers Petrochemicals BioPET Bioplastic
China – Polyethylene Terephthalate
PET and its chain continue to be in health ,always with exception of MEG.
Crude oil is strong.
Polyamide 6 and its chain are steady.
Acrylonitrile is steady.
PET Bottle grade export 940/985 $/ton – PET Bottle grade domestic market 7,600/7,700 yuan/ton – PET Filament grade SD domestic market 7,500/7,650 yuan/ton – PET Filament grade BR domestic market 7,600/7,700 yuan/ton
PTA Taiwan 740/750 $/ton – PTA domestic market 6,250/6,350 yuan/ton – MEG 525/535 $/ton – MEG domestic market 4,300/4,400 yuan/ton – PX Korea 815/830 $/ton
Polyester POY 150D/48F domestic market 8,400/8,500 yuan/ton – Polyester DTY 150D/48F domestic market 9,850/9,950 yuan/ton – Polyester Staple PSF domestic market8,300/8,400 yuan/ton
Crude Oil Prices Trend
PETRONAS Chemicals Group has signed a MoU with PLASTIC ENERGY, a UK based chemical recycling company, to collaborate in addressing plastic waste that cannot be recycled by conventional means in Malaysia.
The petrochemical arm of Malaysian oil and gas firm PETRONAS – PETRONAS Chemicals Group (PCG) – has signed a Memorandum of Understanding (MoU) with PLASTIC ENERGY Ltd, a UK based chemical recycling company, to collaborate in addressing plastic waste that cannot be recycled by conventional means in Malaysia.
The two firms will jointly perform a feasibility study to establish a facility to convert plastic waste into TACOIL, PLASTIC ENERGY’s feedstock which it said it can use to create virgin-quality plastics from low quality, recycled mixed plastic waste otherwise destined for incineration or landfill.
This week, LLDPE prices climbed higher in Asia.
The price rise, was a result of, stronger upstream energy costs, higher import offers from overseas suppliers and gains recorded, in the LLDPE futures, on the Dalian Commodity Exchange in China.
In Far East Asia, prices of LLDPE were assessed higher at the USD 905/mt CFR levels, a rise of USD 10/mt from the previous week.
In South East Asia, prices of LLDPE were assessed at the USD 950/mt CFR levels, a week on week gain of USD 15/mt. Polymers Petrochemicals BioPET Bioplastic
Major commodity resins polyethylene and polypropylene saw prices fall in North America in June, while regional prices for PVC resin made a surprising upward move.
North American prices for all grades of high, low and linear low density PE declined by an average of 3 cents per pound in June.
Prices had been flat in May after suppliers pushed through a 3 cent hike in April. That hike was half of a 6 cent increase they had been seeking. Polymers Petrochemicals BioPET Bioplastic
Habasit displayed its latest innovation of proven solutions for the textile industry at ITMA. The international textile and garment technology exhibition was held from June 20-26, 2019, in Barcelona, Spain. Habasit is a manufacturer of timing and conveyor belts, fabric-based belts, plastic modular belts, and power transmission belts.
Visitors explored Habasit’s comprehensive portfolio of textile industry solutions, ranging from its new, patented ‘smart’ printing blanket to belts for yarn processing and nonwoven materials manufacture.
Leading Southeast Asia polypropylene producer, HMC Polymers plans to construct a fourth polypropylene (PP) plant at its Map Ta Phut site, Rayong Province Thailand, bringing HMC’s total PP production capacity to over 1 million tonnes annually and maintaining position as Southeast Asia’s largest PP producer. The new plant will be based on advanced Spherizone technology and have a capacity of 220,000 tonnes/yr.
“HMC will continue our mission to push the boundaries of Polypropylene product performance” stated President, Martyn Tickner.Polymers Petrochemicals BioPET Bioplastic
Eurecat, the industrial technology provider of Catalonia that offers business services applied R&D, technology services, and technology consulting, showed its new Blackbelt 3D textile printer at the recently held 18th edition of ITMA 2019 exhibition.
ITMA is the trendsetting textile and garment technology platform for effective solutions and partnerships.
The innovative adaptation of the Blackbelt 3D textile printer is distributed in Spain by the Uniqo Custom Engineering company.
Plastics. Whether you are indifferent or hate it, you and the rest of the population on average are consuming five grams of microplastics a week, according to a new study.
That’s equivalent to ingesting a credit card.
Commissioned by World Wide Fund for Nature (WWF) the study titled ‘No Plastic in Nature: Assessing Plastic Ingestion from Nature to People’ was led by Australia’s University of Newcastle micro plastics research team.
The study collated 50 international research papers, with an attempt to accurately calculate the ingestion rates of microplastics. From what the study calls “conservative assumptions”, the findings suggest that we consume 2,000 microplastics each week.
Oerlikon’s new eAFK Evo texturing machine, which was unveiled to selected clients at the ITMA trade fair in Barcelona, has proven to be a breakthrough in the manufacture of yarns. This is evidenced by leading global yarn producer, Unifi Manufacturing, Inc., who placed a significant order for these revolutionary machines last week, the first day of the trade fair.
Unifi collaborated with Oerlikon to develop a specially-designed eAFK Evo pilot machine that has been operating for the last eight months, using it to manufacture various Unifiber virgin and REPREVE-branded recycled polyester and polyamide yarns.
-Abstract of Outsourcing In PET Bottles Market 2019 by Top Companies Analysis- Amcor Limited, Berry Plastics Group Inc., GTX Hanex Plastic Sp. Z O.O., Gerresheimer AG, Graham Packaging Company, Among Others.
Bottles made from polyethylene terephthalate (PET) plastic material are gaining traction globally, owing to various advantages offered by PET bottles such as lightweight, flexibility, and unbreakable.
Factors such as rising applications of PET bottles by the beverage industry in packaged water, juices, flavored water, functional water, carbonated drinks, and others are boosting growth of the global PET bottles market. Polymers Petrochemicals BioPET Bioplastic
In Japan, most polyethylene terephthalate (PET) bottles are collected and recycled after use. According to The Council for PET Bottle Recycling, Japan’s collection rate was 92.2 percent and the country recycled 84.8 percent in fiscal 2017.
According to the council, Europe in comparison as a whole recycled 41.8 percent of plastic bottles and the U.S. 20.9 percent.
However, Suntory Holdings Ltd., a global beverage producer based in Japan, has recently announced a higher and more specific target; that is, to replace all of the PET bottles they use for their beverages with ones made of 100 percent recycled and bio-derived PET by 2030. Polymers Petrochemicals BioPET Bioplastic
Russia is the main consumer of textile products from Uzbekistan, according to the Uzbek State Statistics Committee. In January-May 2019, more than 38 percent (worth $250.2 million) of Uzbekistan’s textile exports were shipped to this country.
According to official data, over the past three years, exports of Uzbek textiles to China have more than doubled, from $90.9 million in January-May 2017 to $190.3 million in the same period of 2019.
The recycling industry needs to modernise to achieve ambitious government targets.
By 2020 the global recycling market is projected to reach £30bn, nearly doubling in size in five years from £18bn in 2015.Yet, despite our best intentions, the true value of recyclable materials is not being realised.
Cross-contamination of plastics and dirty packaging means that over half the items going into the recycling bin aren’t recycled.
Recyclable materials are very valuable in their pure state but the cost and difficulty of separating mixed recycling make it uneconomical.
With mounting public and government pressure, something needs to change to stem the tide of used packaging and products ending up in a landfill.