Petrochemicals Automotive PET Recycling 18-09-2019

Petrochemicals Automotive PET Recycling

China – Polyethylene Terephthalate

PET and it’s chain decrease with the exception of PX.

Crude oil price is on the roller coaster owing to drone attack to Arabia .

Polyamide 6 and its chain increase.

Acrylonitrile is steady.

PET Bottle grade export 830/885 $/ton PET Bottle grade domestic market 7,00/7,100 yuan/ton PET Filament grade SD domestic market 6,850/6,950 yuan/ton – PET Filament grade BR domestic market7,000/7,100 yuan/ton

PTA Taiwan 655/665 $/ton PTA domestic market 5,200/5,300 yuan/tonMEG  610/620 $/ton – MEG domestic market 5,150/5,250 yuan/tonPX Korea 830/840 $/ton

Polyester POY 150D/48F  domestic market 7,900/8,000  yuan/tonPolyester DTY 150D/48F  domestic market 9,250/9,350  yuan/tonPolyester Staple PSF domestic market 7,650/7,750 yuan/ton

Petrochemicals Automotive PET Recycling

Crude Oil Prices Trend

Crude Oil Prices Trend

-Saudi drone attacks threaten around 10% of global ethylene capacity

Facilities producing around10% of global ethylene capacity are threatenedby feedstock disruption after the weekend’sattack on Saudi Arabia’s oil distributioninfrastructure and the subsequent closure of5.7m bbl/day of refinery capacity.

The attack on 14September damaged the Abqaiq and Khurais crudeoil processing installations which supply oilto Saudi Arabia’s three main petrochemicalsites.

Petrochemicals Automotive PET Recycling

-Tessiltex-Squinabol chooses Amni Soul Eco for green fabric

In partnership with Fulgar, Tessiltex-Squinabol is presenting an exclusive green fabric made using Amni Soul Eco 6.6 nylon biodegradable yarn at Premiere Vision Paris fair.

Produced by Sendyi–China, the product combines a refined, elegant aesthetic with unique functional and eco-sustainable properties, and is set to revolutionise the coat and jacket sector.Petrochemicals Automotive PET Recycling

The new product features a matt look, soft, technical feel, gentle touch and down proof performance in a product that biodegrades in much less time than fabrics manufactured using traditional nylons, said Tessiltex – Squinabol in a press release.

Petrochemicals Automotive PET Recycling

-Long Awaited MERCOSUR Resolution on Additives in Plastic and Polymeric Coatings

The “Common Market of the South” (MERCOSUR), consisting of Brazil, Argentina, Uruguay, and Paraguay, has now published on its website the much anticipated new Resolution on the Positive List of Additives for Use in Plastic Food-Contact Materials and Polymeric Coatings for Food-Contact Materials.

This Resolution, designated as GMC Resolution No 39/19, repeals and replaces GMC Resolution No 32/07. It was formally sanctioned by the Common Market Group (GMC), which is the executive body of MERCOSUR, on July 15, 2019. It has been 12 years since this Resolution was last updated in 2007.

Petrochemicals Automotive PET Recycling

-New Sustainable and Biodegradable Packaging Highlighted at IBBC 2019

Over the past years, there has been greater focus on developing sustainable packaging products that leave little or no footprint on the environment.

One solution is the development of biodegradable containers made with rice straw which is considered the most abundant residue of rice in the world.

During TAPPI’s International Bioenergy & Bioproducts Conference (IBBC), Elizabeth Palomino Nolasco will share results of a feasibility study conducted on the implementation of an industrial plant in the Lima region of Peru for biodegradable food containers using rice straw.Petrochemicals Automotive PET Recycling

Her presentation, “Feasibility Study for the Implementation of an Industrial Plant for Biodegradable Food,” will address the impact an accumulation of agricultural organic waste could have on the environment, and how the study led to the development of rice straw containers.

New Sustainable and Biodegradable Packaging Highlighted at IBBC 2019

-Polyamide-6 Market Estimated to be Driven by Innovation and Industrialization

Polyamide -6 (PA6) is a semi-crystalline polyamide commonly known as Nylon-6. Polyamide-6 is generally produced by polymerization of caprolacta.

The strength, durability and elasticity which it offers is widely appreciated in industries.

Properties such as ability to withstand high pressure, temperature and various chemical makes it a highly valued material.

These physical and chemical properties makes Polyamide-6 suitable for various application sectors.Petrochemicals Automotive PET Recycling

Of all the Polyamides types produced, Polyamide-6 accounts for approximately more than 60% of worldwide production in terms of volume.

The global capacity of Polyamide-6 in 2013 is anticipated to be approximately 6.6 million metric tons.

Petrochemicals Automotive PET Recycling

-Total sees opportunity in single-use plastic ban

NEW AVENUE: Its Joint venture pitches for PLA as an alternative to plastics

Compounded poly lactic acid (PLA) bioplastics solutions could be the answer to Prime Minister Narendra Modi’s call for eradicating single-use plastics in India.

Bringing this solution to India, Total Corbion PLA, an equal joint venture (JV) between Total and Corbion, has set up a technical collaboration with Konspec to study various plastic applications across industries.Petrochemicals Automotive PET Recycling

The firms are in discussions with several airports, fast moving consumer goods companies, hospitality chains, footwear companies and food aggregators among others for setting-up industry-specific light-house projects.Petrochemicals Automotive PET Recycling

Total sees opportunity in single-use plastic ban

-Europe chems stocks slide on Saudi attack jitters

European chemicals stocks fell on Monday in line with wider markets as fears of sharp oil supply drops weighed on economic sentiment, following the attacks on Saudi Arabia’s core oil production infrastructure and potential military intervention.

The country’s energy major Saudi Aramco on Saturday confirmed drone attacks on its Abqaiq processing facility and at the Khurais oilfield, which halved the Kingdom’s oil production capacity and reduced global supply by 5%.Petrochemicals Automotive PET Recycling

The most dramatic attack on the country since former Iraqi premier Saddam Hussein fired a missile into the Kingdom in 1991, the attacks cut Saudi oil production by 5.7m bbl/day.

Europe chems stocks slide on Saudi attack jitters

-Jomar to Launch the TechnoDrive 65 PET Machine

This IBM model is specifically designed to produce small PET containers.

Jomar, a manufacturer of injection blow molding (IBM) machinery for the pharmaceutical, healthcare, and household products industries, will soon launch the TechnoDrive 65 PET machine. The IBM machine is specifically made to run PET resins but is designed to still switch back to more typical materials for injection blow molding such as polypropylene (PP) and polyethylene (PE). Petrochemicals Automotive PET Recycling

Jomar to Launch the TechnoDrive 65 PET Machine

Petrochemicals Automotive Crude Oil 17-09-2019

Please follow and like us: