Petrochemicals Preforms Smart Fabric 02-09-2019

Petrochemicals Preforms Smart Fabric

 

Polyolefins Petrochemical Ethylene Prices

Petrochemicals Preforms Smart Fabric

Crude Oil Prices Trend

Crude Oil Prices Trend

-Silafrica to introduce Injection Compression Molding

Silafrica to solidify its position as a top-tier solutions provider

Silafrica, one of the leading packaging suppliers to East Africa and surrounding regions claims to solidify its position as a top-tier solutions provider with the addition of new, state-of-the-art Injection Compression Molding (ICM) manufacturing capabilities. Silafrica is said to be the first and only packaging solutions company to offer ICM across the entire African continent.

The company is said to be a trusted partner and valued supplier to some of the largest food and beverage brands like Pepsi, Coca-Cola, Diageo, Heineken, Unilever, SAB Miller, AB InBev, Daima, and many more. Manufactured by Swiss leader in plastics manufacturing, Nestal, this equipment represents the next generation of efficiency, productivity, speed, and savings.

Silafrica to introduce Injection Compression Molding

-Adding plastics to the circular economy

The plastics industry is a responsible partner to policymakers and other stakeholders, working together to find solutions to the challenges of climate change, energy and resource efficiency, consumer protection, and the circular economy. Miguel Santos, CEO of Green and Circular Economy Investments, writes about going head-to-head with the issue of plastic recycling. Petrochemicals Preforms Smart Fabric

It was in pre-Columbian Mexico that polymers were used for the first time, evolving to the present day. Initially the industry developed synthetic polymers with cellulose and later with the use of petroleum. This evolution allowed polymers to be easier to produce, making it an essential and indispensable material for all forms of use.

Petrochemicals Preforms Smart Fabric

-Brexit is a chance for Ireland to end its reliance on English

The State’s monolingualism is problematic in cultural, social and economic terms.

n his speech The Necessity for De-Anglicising Ireland, delivered in 1892, Douglas Hyde warned that the failure to revive the Irish language would leave Ireland vulnerable to excessive cultural influence from Britain: “We will become what, I fear, we are largely at present, a nation of imitators . . . lost to the power of native initiative and alive only to second-hand assimilation.” Petrochemicals Preforms Smart Fabric

One hundred and twenty five years later, while no language can in itself protect from rampant globalisation, there is more of a grain of truth in the idea proposed by Hyde and others that Ireland’s status as a predominantly English-speaking country is not entirely unproblematic in cultural, social and economic terms.

Brexit is a chance for Ireland to end its reliance on English

-Brexit: Thousands protest Johnson move to suspend Parliament

Demonstrators gather across the UK to reject prime minister’s plans to suspend Parliament weeks before Brexit date.draw. Petrochemicals Preforms Smart Fabric

Thousands of people across the UK have protested against Prime Minister Boris Johnson’s decision to suspend Parliament just weeks before the deadline for the UK to leave the European Union.

In London, thousands of angry protesters on Saturday rallied outside Downing Street, the official residence of the prime minister, to oppose the controversial move scheduled for early September.

Petrochemicals Preforms Smart Fabric

-Milliken announces Singapore manufacturing facility

Spartanburg-based Milliken & Company, recognized as a worldwide leader of plastic additives and colorants, announced plans to construct a new, state-of-the-art chemical manufacturing plant and knowledge center in Asia.

Expected to begin operations in Q1 2021, the facility expands Milliken’s chemical manufacturing footprint to support increasing demand across Asia, including rapidly growing markets in India and China. The company currently operates an applications lab and technical service and sales office in Singapore, and recently celebrated its 20-year presence in the region. Petrochemicals Preforms Smart Fabric

Milliken announces Singapore manufacturing facility

-Latest tariffs in US-China trade war come into effect

The Trump administration’s latest tariffs in the tit-for-tat US-China trade war came into effect on Sunday (Sept 1), for the first time targeting Chinese consumer goods, including televisions, books, nappies, and sports shoes.

The previously announced additional 15 per cent tariffs on US$112 billion (S$155 billion) worth of goods imported from China are, according to experts, likely to raise prices for US consumers in the medium term.

At the same time, Chinese tariffs targeting around US$75 billion of US goods also came into force. Petrochemicals Preforms Smart Fabric

Petrochemicals Preforms Smart Fabric

-Flat or Softer Prices Ahead

Ample resin supplies outstripping demand are likely to keep commodity resin prices flat to lower.

Barring any major production disruptions or a spike in crude oil prices, the third quarter is likely to end with softer prices for the top five volume commodity thermoplastics. Depending on the resin, key factors include supplies outstripping demand both domestically and globally, lower feedstock costs, and lower resin prices abroad. Even in the case of PS and PVC, where prices appeared to have moved up, the trajectory was more on the downslide. Petrochemicals Preforms Smart Fabric

These are the views of purchasing consultants from Resin Technology, Inc. (RTi), senior editors from Houston-based PetroChemWire (PCW), and CEO Michael Greenberg of The Plastics Exchange in Chicago.

Flat or Softer Prices Ahead

-K 2019 Preview Blow Molding Exhibits Focus on Recycling & PET

Spotty information from blow molding machinery exhibitors indicates that the “Circular Economy” will be a recurrent theme and that PET processing will predominate.

K 2019 Preview Blow Molding Exhibits Focus on Recycling & PET

Petrochemicals Preforms Smart Fabric

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Petrochemicals Preforms Smart Fabric 02-09-2019

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Polyolefins Petrochemical Ethylene Prices

Polyolefins Petrochemical Ethylene Prices

Polyolefins Petrochemical Ethylene Prices

PolyestertimePolyolefins Petrochemical Polymers Nylon
ITEM26/08/201902/09/2019+/-
Bottle grade PET chips domestic market6,800 yuan/ton6,800 yuan/ton
Bottle grade PET chips export market870 $/ton860 $/ton-10
Filament grade Semidull chips domestic market

Polyolefins Petrochemical Ethylene Prices

6,575 yuan/ton6,525 yuan/ton-50
Filament grade Bright chips domestic market6,700 yuan/ton6,650 yuan/ton-50
Pure Terephthalic Acid PTA domestic market5,125 yuan/ton5,110 yuan/ton-15
Pure Terephthalic Acid PTA export market
680 $/ton 670 $/ton-10
Monoethyleneglycol MEG domestic market4,570 yuan/ton4,610 yuan/ton-40
Monoethyleneglycol MEG export market542 $/ton544 $/ton+2
Paraxylene PX FOB  Taiwan market784 $/ton786 $/ton+2
Paraxylene PX FOB  Korea market765 $/ton767 $/ton+2
Paraxylene PX FOB EU market

Polyolefins Petrochemical Ethylene Prices

706 $/ton700 $/ton-6
Polyester filament POY 150D/48F domestic market7,700 yuan/ton7,625 yuan/ton
-75
Recycled Polyester filament POY  domestic market7,350 yuan/ton7,150 yuan/ton-200
Polyester filament DTY 150D/48 F domestic market9,100 yuan/ton9,100 yuan/ton
Polyester filament FDY 68D24F domestic market 8,650 yuan/ton8,650 yuan/ton
Polyester filament FDY 150D/96F domestic market
Polyolefins Petrochemical Ethylene Prices
8,000 yuan/ton8,000 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market7,250 yuan/ton7,150 yuan/ton-100
Caprolactam CPL domestic market12,200 yuan/ton12,200 yuan/ton
Caprolactam CPL overseas  market1,460 $/ton1,450 $/ton-10
Nylon6 chips overseas  market1,760 $/ton1,710 $/ton-50
Nylon6 chips conventional spinning domestic  market12,950 yuan/ton12,900 yuan/ton-50
Nylon6 chips  high speed spinning domestic  market13,100 yuan/ton13,100 yuan/ton
Nylon 6.6 chips domestic  market23,500 yuan/ton23,100 yuan/ton-400
Nylon6 Filament POY 86D/24F domestic  market

Polyolefins Petrochemical Ethylene Prices

15,600 yuan/ton15,500 yuan/ton-100
Nylon6 Filament DTY 70D/24F domestic  market18,300 yuan/ton18,200 yuan/ton-100
Nylon6 Filament FDY  70D/24F  domestic  market16,650 yuan/ton16,500 yuan/ton-150
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market30,000 yuan/ton30,000 yuan/ton
Adipic Acid domestic market8,300 yuan/ton8,300 yuan/ton
Benzene domestic market5,290 yuan/ton5,450 yuan/ton+160
Benzene overseas  market674 $/ton682 $/ton +8
Ethylene South East market820 $/ton830 $/ton+10
Ethylene NWE  market984 $/ton965 $/ton-19
Acrylonitrile ACN  domestic market11,800 yuan/ton11,900 yuan/ton+100
Acrylonitrile ACN  overseas market1,600 $/ton1,600 $/ton
Acrylic staple fiber ASF  domestic market15,500 yuan/ton15,200 yuan/ton-300
Viscose Staple Fiber VSF  domestic market11,100 yuan/ton10,900 yuan/ton-200
PP Powder domestic market8,550 yuan/ton8,550 yuan/ton
Naphtha overseas market 

Polyolefins Petrochemical Ethylene Prices

468 $/ton467 $/ton
-1
Phenol domestic market 7,525 yuan/ton7,563 yuan/ton-38
PS Taiwan 5250 GPPS1,127 $/ton 1,123 $/ton-4
PS Taiwan 8250 HIPS1,252 $/ton 1,240 $/ton-12
LDPE CFR Far East 952 $/ton917 $/ton-35
LLDPE CFR Far East862 $/ton830 $/ton-32
LDPE   FOB Middle East938 $/ton903 $/ton-35
LLDPE FOB Middle East848 $/ton816 $/ton-32
HDPE CFR Far East938 $/ton898 $/ton-40
LDPE FD Northwest Europe 993 €/ton993 €/ton
LLDPE FD Northwest Europe 973 €/ton973 €/ton
Homopolymer PP CFR Far East1,010 $/ton1,000 $/ton-10
Homopolymer PP FD NWE1,061 €/ton1,041 €/ton-20

Polyolefins Petrochemical Ethylene Prices

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