Circular Economy Recycling Technopolymers 30-09-2019

Circular Economy Recycling Technopolymers

Petrochemical Polymers Export Prices

Circular Economy Recycling Technopolymers

Crude Oil Prices Trend

Crude Oil Prices Trend

-Cordenka fibres bag certificate for compostability

he cellulose-based natural fibres produced by Cordenka, a partner of BÜFA Thermoplastic Composites, have received confirmation of their biodegradability from TÜV Rheinland.

The certifications for compostability of cellulose fibres confirm that Cordenka’s multifilament yarns are biodegradable in industrial and natural environments, i.e. in soil and compost.Circular Economy Recycling Technopolymers

For the certification, different properties were tested, such as metabolism and disintegration under industrial composting conditions. In addition, the tests showed that there was no ecotoxicity, BÜFA Thermoplastic announced on its website.

Cordenka fibres bag certificate for compostability

-US September PP contracts settle higher, tracking propylene

US September polypropylene (PP)contracts were assessed 1 cent/lb ($22/tonne)higher, tracking anequivalent rise in the September propylene contract.

US PP contracts aretypically formula-based and are set atfeedstock polymer-grade propylene (PGP) valuesplus an adder.

Adders have been under pressure in recentmonths as PP demand has been sluggish whilesupplies have remained long.

US September PP contracts settle higher, tracking propylene

-Pemex Faces Oil Trading Team Exodus Amid Pricing Review

Petroleos Mexicanos’ head of crude oil trading Victor Briones and two other executives left the company amid a conflict over an external review of the nation’s crude price formulas, people familiar with the matter said. Circular Economy Recycling Technopolymers

Briones, who worked for two decades at PMI, the trading arm of Mexico’s state-owned oil company, left along with vice president of crude trading Carlos Islas and vice president of oil analysis Alfonso Mendoza, according to four people.

Circular Economy Recycling Technopolymers

-Tanker costs surge as Chinese firms face sanctions over Iran oil

Oil tanker costs are surging after the U.S. slapped sanctions on Chinese companies it accused of hauling Iranian crude on Wednesday, prompting a scramble in freight markets to secure alternative vessels.Circular Economy Recycling Technopolymers

Rates for ships hauling 2 million-barrel cargoes of Middle East oil to Asia have jumped 19 percent, according to data from the Baltic Exchange in London.

Circular Economy Recycling Technopolymers

-Lower rates may revive auto market

Ali Bilaloğlu, the chairman of the Automotive Distributors’ Association (ODD), has welcomed the Central Bank’s latest decision to further cut its interest rates, saying this move may reduce consumers’ borrowing costs and boost vehicle sales.

The Turkish Central Bank on Sept. 12 lowered its policy rate (one-week repo rate) by 325 basis points to 16.5 percent from 19.75 percent.Circular Economy Recycling Technopolymers

“This [the Central Bank’s rate cut] was a step in the right direction. Monthly borrowing costs of consumers may ease toward 1 percent.  There is no doubt, this will have a positive impact on first-hand car sales,” Bilaloğlu said.

Circular Economy Recycling Technopolymers

-More Fracking, or More War?

It’s our choice.

Here is a news lead that begins with a bang and ends with a whimper: “The strike on the heartland of Saudi Arabia’s oil industry, including damage to the world’s biggest petroleum-processing facility, has driven oil prices to their highest level in” — here, Reuters should have used some ellipses of irony — “nearly four months.”

Four months!

If the United States declines to go to war against Iran on behalf of Saudi Arabia, our increasingly troublesome client state, one of the reasons for that happy development will be: because we do not need to.Circular Economy Recycling Technopolymers

It is no longer the case that the world sneezes when the Saudis catch a cold. U.S. interests and Saudi interests remain aligned, broadly, but they are severable.

Circular Economy Recycling Technopolymers

-Coca-Cola European Partners to Eliminate 4,000-Plus Tons of Multipack Shrink Wrap

Replacing plastic shrink wrap with 100% recyclable paperboard for its multipack cans across Western Europe will help CCEP meet its Action on Packaging commitments.

Coke-image.jpgCoca-Cola European Partners (CCEP) has announced it will be replacing plastic shrink wrap with cardboard for its can multipacks across Western Europe, removing approximately 4,000 tonnes (4,400 U.S. tons) of single-use plastic per year across the region.Circular Economy Recycling Technopolymers

This is the latest move in Coca-Cola’s efforts to meet its Action on Packaging commitments to make 100% of its packaging recyclable or reusable by 2025

Circular Economy Recycling Technopolymers

-Recycling: Sesotec to Unveil New Metal Detector and Plastic Material Analysis System

Sesotec GmbH will launch its Rapid Pro Sense 6 metal detector and the Flake Scan plastic material analysis system at K 2019.

Sesotec GmbH will showcase metal detectors from its GF, Protector and Rapid Pro Sense 6 series at K 2019. The detectors can be used in a variety of material infeed applications and ensure high plant availability for processing machinery and equipment by preventing unscheduled machine downtime due to metal particles and avoid the repair costs associated with breaks in production and potential recalls.Circular Economy Recycling Technopolymers

The Rapid Pro Sense 6 metal detector, which will be unveiled at K 2019, is equipped with a newly-developed reject mechanism designed for compound manufacturers that have frequent color changes or process abrasive materials.

Recycling: Sesotec to Unveil New Metal Detector and Plastic Material Analysis System

-The week in US-Saudi Arabia-Iran tensions, explained

It looked like Trump was going to bomb Iran over Saudi Arabia. Now it doesn’t.

If you’re worried that the United States will go to war with Iran, you’re not the only one. But based on the events of this week, there’s much less to worry about — at least for now.

Last Saturday, two vital oil facilities belonging to Saudi Arabia’s state-run oil company Aramco were attacked by what appear to be 10 drones and nearly 20 missiles. The assault shut down roughly half of the company’s production, hitting the global oil market hard and triggering the largest oil price spike in roughly 30 years.

The week in US-Saudi Arabia-Iran tensions, explained

-Analysis of PLA Geometric Properties Processed by FFF Additive Manufacturing: Effects of Process Parameters and Plate-Extruder Precision Motion

The evolution of fused filament fabrication (FFF) technology, initially restricted to the manufacturing of prototypes, has led to its application in the manufacture of finished functional products with excellent mechanical properties.

However, FFF technology entails drawbacks in aspects, such as dimensional and geometric precision, and surface finish. These aspects are crucial for the assembly and service life of functional parts, with geometric qualities lagging far behind the optimum levels obtained by conventional manufacturing processes. Circular Economy Recycling Technopolymers

A further shortcoming is the proliferation of low cost FFF 3D printers with low quality mechanical components, and malfunctions that have a critical impact on the quality of finished products.

Circular Economy Recycling Technopolymers

-Freudenberg produces thermal insulation from fibreballs

Freudenberg Performance Materials has come out with new thermal insulation – comfortemp fibreball padding – the first ever padding made from fibreballs which unites the benefits of loose down filling and padding with high level of quality. The material insulates 80 per cent better than conventional padding even though it is as light and soft as down.Circular Economy Recycling Technopolymers

The special thermal insulation by Freudenberg Performance Materials is soft, warm, breathable, durable and sustainable. A material that benefits both industry and consumers. With more and more people spending time outdoors to unwind after a hard day’s work, reliable clothing is a must since inclement weather such as rain, snow, and cold may play spoilsport.

Freudenberg produces thermal insulation from fibreballs

-Roundup: Weekly oil prices plunge as Middle East tensions ease

Oil prices plunged for the week ending Sept. 27 following reports of a partial ceasefire in Yemen as well as the development of crude oil output restoration in Saudi Arabia, with the price of West Texas Intermediate (WTI) for November delivery down 3.75 percent and Brent crude oil for November delivery down 3.69 percent.

WTI closed the week at 55.91 U.S. dollars a barrel on the New York Mercantile Exchange, while Brent crude finished the week at 61.91 dollars a barrel on the London ICE Futures Exchange.

Roundup: Weekly oil prices plunge as Middle East tensions ease

-Attacks on Saudi Aramco will not cause oil shortage in the world, experts say

If they fail to restore production in a couple of weeks, then it will be necessary to use strategic reserves in other countries,one of the experts believes

The world will not face a shortage of oil due to a drop in output in Saudi Arabia, even if it takes several weeks to restore production. That is according to experts interviewed by TASS.

At the same time, the high risk of disruption of oil production negatively affects the reputation of oil as a reliable source of energy and may accelerate the search for its alternatives.

Attacks on Saudi Aramco will not cause oil shortage in the world, experts say

-Iran’s oil sector on ‘full alert’ against attacks

Bijan Namdar Zanganeh said “it is necessary for all companies and installations of the oil industry to be on full alert against physical and cyber threats.

TEHRAN: Iran’s oilNSE -1.11 % minister on Sunday ordered his country’s energy sector to be on high alert to the threat of “physical and cyber” attacks.

Bijan Namdar Zanganeh said “it is necessary for all companies and installations of the oil industry to be on full alert against physical and cyber threats,” in a statement published on the oil ministry’s Shana website.

Iran's oil sector on 'full alert' against attacks

Petrochemical Biomass Polymers Prices

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Petrochemical Polymers Export Prices

Petrochemical Polymers Export Prices

Petrochemical Polymers Export Prices

PolyestertimePolyolefins Petrochemical Polymers Nylon
Bottle grade PET chips domestic market6,900 yuan/ton6,800 yuan/ton-100
Bottle grade PET chips export market880 $/ton870 $/ton-10
Filament grade Semidull chips domestic market

Petrochemical Polymers Export Prices

6,725 yuan/ton6,575 yuan/ton-150
Filament grade Bright chips domestic market6,825 yuan/ton6,700 yuan/ton-125
Pure Terephthalic Acid PTA domestic market5,080 yuan/ton5,120 yuan/ton+40
Pure Terephthalic Acid PTA export market
660 $/ton 650 $/ton-10
Monoethyleneglycol MEG domestic market5,150 yuan/ton5,155 yuan/ton+5
Monoethyleneglycol MEG export market610 $/ton603 $/ton-7
Paraxylene PX FOB  Taiwan market804 $/ton799 $/ton-5
Paraxylene PX FOB  Korea market785 $/ton779 $/ton-6
Paraxylene PX FOB EU market

Petrochemical Polymers Export Prices

752 $/ton740 $/ton-12
Polyester filament POY 150D/48F domestic market7,870 yuan/ton7,720 yuan/ton
Recycled Polyester filament POY  domestic market7,300 yuan/ton7,250 yuan/ton-50
Polyester filament DTY 150D/48 F domestic market9,350 yuan/ton9,200 yuan/ton-150
Polyester filament FDY 68D24F domestic market 8,900 yuan/ton8,500 yuan/ton-400
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Export Prices
8,120 yuan/ton7,800 yuan/ton-320
Polyester staple fiber 1.4D 38mm domestic market7,530 yuan/ton7,250 yuan/ton-280
Caprolactam CPL domestic market12,900 yuan/ton12,900 yuan/ton
Caprolactam CPL overseas  market1,450 $/ton1,450 $/ton
Nylon6 chips overseas  market1,710 $/ton1,710 $/ton
Nylon6 chips conventional spinning domestic  market13,750 yuan/ton13,500 yuan/ton-250
Nylon6 chips  high speed spinning domestic  market13,750 yuan/ton13,450 yuan/ton-300
Nylon 6.6 chips domestic  market22,800 yuan/ton22,800 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Export Prices

15,900 yuan/ton15,700 yuan/ton-200
Nylon6 Filament DTY 70D/24F domestic  market18,400 yuan/ton18,400 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market16,750 yuan/ton16,750 yuan/ton
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 market5,900 yuan/ton5,760 yuan/ton-140
Benzene overseas  market735 $/ton712 $/ton -23
Ethylene South East market830 $/ton800 $/ton-30
Ethylene NWE  market874 $/ton971 $/ton-3
Acrylonitrile ACN  domestic market12,500 yuan/ton12,700 yuan/ton+200
Acrylonitrile ACN  overseas market1,650 $/ton1,650 $/ton
Acrylic staple fiber ASF  domestic market15,200 yuan/ton15,200 yuan/ton
Viscose Staple Fiber VSF  domestic market10,700 yuan/ton10,700 yuan/ton
PP Powder domestic market8,800 yuan/ton8,600 yuan/ton-200
Naphtha overseas market 

Petrochemical Polymers Export Prices

531 $/ton513 $/ton
Phenol domestic market 8,750 yuan/ton8,750 yuan/ton
PS Taiwan 5250 GPPS1,140 $/ton 1,124 $/ton-16
PS Taiwan 8250 HIPS1,270 $/ton 1,265 $/ton-5
LDPE CFR Far East 902 $/ton942 $/ton+40
LLDPE CFR Far East832 $/ton902 $/ton+70
LDPE   FOB Middle East888 $/ton928 $/ton+40
LLDPE FOB Middle East818 $/ton888 $/ton+70
HDPE CFR Far East898 $/ton918 $/ton+20
LDPE FD Northwest Europe 953€/ton953 €/ton
LLDPE FD Northwest Europe 943 €/ton943 €/ton
Homopolymer PP CFR Far East1030 $/ton1030 $/ton+60
Homopolymer PP FD NWE1,051 €/ton1,051 €/ton

Petrochemical Polymers Export Prices

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