Carbon fibre Graphene Polymers
China – Polyethylene Terephthalate
PET and its chain are assessed mixed.
Crude oil price is in health.
Polyamide 6 and its chain are steady,but weak.
Acrylonitrile is weak.
PET Bottle grade export 815/870 $/ton – PET Bottle grade domestic market 6,800/6,900 yuan/ton – PET Filament grade SD domestic market 6,500/6,600 yuan/ton – PET Filament grade BR domestic market 6,650/6,750 yuan/ton
PTA Taiwan 640/650 $/ton – PTA domestic market 5,100/5,200 yuan/ton – MEG 605/615 $/ton – MEG domestic market 5,200/5,300 yuan/ton – PX Korea 775/785 $/ton
Polyester POY 150D/48F domestic market 7,500/7,600 yuan/ton – Polyester DTY 150D/48F domestic market 9,100/9,200 yuan/ton – Polyester Staple PSF domestic market 7,150/7,250 yuan/ton
Crude Oil Prices Trend
Government regulations are necessary in the petrochemical industry’s pursuit of sustainability and ultimately address the problem of carbon dioxide (CO2) emissions, Nobel laureate economist Paul Romer said on Tuesday. Carbon fibre Graphene Polymers
Sound regulations based on facts and careful study would help the industry move forward in finding solutions to existing problems related to CO2 emissions.
“The government is an important part of this productive process in exploring possibilities,” Romer said in a keynote speech at the opening of the 53rd European Petrochemical Association (EPCA) conference.
The CEO of Aquafil, the Trentino-based company that produces nylon yarn regenerated from fishing nets and carpets and has always been used in the fashion world, tells a story that lasted 13 years and cost (so far) 140 million. And that forces him to select collaboration proposals Carbon fibre Graphene Polymers
A 2 thousand square meter carpet is ready to cover Piazza della Scala on Sunday evening to welcome guests of the Green Carpet Awards. A carpet that cost 140 million euros. The investments that Aquafil, a textile company from Trento, has destined for the development of the Econyl yarn since 2006, of which the carpet that will embellish one of the most beautiful squares in Milan will be made. “It’s the most beautiful and great we’ve ever produced – explains Giulio Bonazzi, CEO of Aquafil – it’s the third year we work with this event, but the news this time is that after the evening we’ll try to re-use it, maybe for some other event , and only at the end of its life cycle we will recycle it “.
Indonesia is expected to start up a new recycled polyethylene terephthalate (R-PET) recycling plant in the first quarter of 2020, an executive from French industrial conglomerate Veolia said on Tuesday. Carbon fibre Graphene Polymers
The bottle-to-bottle R-PET plant has a 25,000 tonne/year capacity, said Veolia senior executive vice president Patrick Labat at the European Petrochemical Association (EPCA) annual conference.
This is the second project of the Alliance to End Plastic Waste (AEPW) in Indonesia.
AEPW, which is a group of global companies, including Veolia, was launched in January this year to promote the circular economy.
Climate Change has become the defining issue of our time, especially in light of statistics such as those released by the European Parliament last year which revealed that only 30% of Europe’s plastic is recycled. Consumers are urging for change. Demand for sustainable packaging has therefore taken centre stage and, with an EU directive on single-use plastics set to come into force in 2021, organisations are already looking toward the plastic alternatives which they can begin implementing now. Carbon fibre Graphene Polymers
Single-use plastic alternatives are under the spotlight and companies are focusing on alternatives. Dr Stefan Stadler, Team Lead at Domino’s Laser Academy, looks at why brands need to work closely with coding before they start looking at greener options, and marking experts to ensure that their new packaging alternatives will meet all of their requirements.
Asia’s acrylonitrile (ACN) market faces a mixed supply outlook as new production capacity in China could be balanced out with upcoming turnarounds in the region.
LEGO toys made out of ABS, a derivative of ACN. (James Gourley/REX/Shutterstock)
Spot ACN was assessed at an average of $1,590/tonne CFR (cost & freight) China and NE (northeast) Asia in the week ended 4 October, stable from the previous week, according to ICIS. Carbon fibre Graphene Polymers
Firm talks were limited as buyers largely took a wait and see approach for more clarity on the market direction after the Golden Week holiday.
China continues to import a substantial amount of OCC from the U.S. and elsewhere. But an all-out ban and other regulatory changes loom on the horizon.
The Chinese government has issued permits allowing the import of 11.5 million short tons of recovered fiber this year. By this point last year, China had approved permits for 17.7 million short tons. It’s a reminder that certain grades of recyclables, including OCC, continue to be allowed into the country. Carbon fibre Graphene Polymers
Actual recovered fiber imports are slightly lower than the approved tonnage. By the end of August, they totaled 8 million short tons. That’s down from 10.9 million that had been imported during that period in 2018.
Oil prices slid about 1% on Tuesday as Washington’s blacklisting of more Chinese companies dampened hopes for a trade deal between the two countries, although unrest in Iraq and Ecuador lent some support to crude prices.Carbon fibre Graphene Polymers
Beijing Shougang LanzaTech New Energy Science & Technology Co., Ltd. a joint venture between carbon recycler, LanzaTech, Shougang Group, a leading Chinese iron and steel producer, and its New Zealand partner, TangMing, have successfully produced more than 9 million gallons of ethanol from recycled steel mill emissions in their first year of operation.
Indorama Ventures Public Company Limited (IVL), a world-class chemicals company, has announced to issue subordinated perpetual debentures for Baht 15 billion. On 26 September 2019, TRIS has assigned a company rating to IVL of “AA-“ with “Stable” outlook and an issue rating of “A” with “Stable” outlook for the proposed subordinated perpetual debentures.