Petrochemical Crude Oil Polyamide6
China – Polyethylene Terephthalate
PET and its chain continue to decrease.
Crude oil price is on a roller coaster.
Polyamide 6 and its chain continue to be weak.
Acrylonitrile is weak.
PET Bottle grade export 790/835 $/ton – PET Bottle grade domestic market 6,500/6,600 yuan/ton – PET Filament grade SD domestic market 6,050/6,200 yuan/ton – PET Filament grade BR domestic market 6,150/6,300 yuan/ton
PTA Taiwan 615/625 $/ton – PTA domestic market 4,700/4,800 yuan/ton – MEG 545/555 $/ton – MEG domestic market 4,650/4,750 yuan/ton – PX Korea 775/785 $/ton.
Polyester POY 150D/48F domestic market 6,750/7,850 yuan/ton – Polyester DTY 150D/48F domestic market 8,650/8,750 yuan/ton – Polyester Staple PSF domestic market 6,950/7,100 yuan/ton
Crude Oil Prices Trend
Around 40% of all plastic packaging produced worldwide will be collected for recycling by 2030, according to Stefan Ranstrand, president and ceo of sorting solutions provider Tomra. Petrochemical Crude Oil Polyamide6
Ranstrand announced the company’s commitment to supporting that 40% goal at the Our Ocean conference, held recently in Oslo, Norway. Here, government officials, businesses and civil society and research institutions came together to identify solutions for cleaner oceans.
Having launched its “RECYCLING” program in France one year ago, and in the US earlier this year, A.P.C. has now announced it will be expanding the sustainability project across Europe.Petrochemical Crude Oil Polyamide6
The house founded by Jean Touitou will open the program to its stores located in Belgium, the UK and Germany for those who want to bring back clothes and shoes they no longer find useful. For those unfamiliar, A.P.C.’s “RECYCLING” program will allow customers to return their old A.P.C. clothing and textiles for store credit according to specific rates. A.P.C. will transfer the pre-owned clothes to a recycling facility where they are broken down into fibers and re-used.
While progress has been made across the board in recycling PET, the challenge of white bottles had remained. Can a white opaque masterbatch be used in PET monolayer bottles, including recycling rates of up to 100%, without impacting production and/or end product property like light barrier? Petrochemical Crude Oil Polyamide6
Sukano and Sidelset out to technically prove that Sukano-designed white opaque masterbatch formulations can indeed be used in PET monolayer bottles, and still be processed at the same machine throughput, using Sidel’s most recent generation of blow-moulders, EvoBLOW™, with no impact on color, properties, functionality or production rates.
Processors in Europe, China and Turkey stand to benefit from a new source of polyethylene and polypropylene in Russia, as do local converters in the CIS and Russia.
The ZapSip-2 project in Tobolsk, Western Siberia, will add HDPE, LLDPE and PP copolymers to the product portfolio of SIBUR, which currently focuses of LDPE and PP homopolymers.
Further, unlike many projects in the Middle East based on low-cost feedstock, SIBUR plans to offer a diverse palette of grades from the new production site when onstream next year, with 20 grades in total to be produced.
Chinese polyester producer Xinfengming is starting up its new purified terephthalic acid (PTA) plant at Pinghu in east China’s Zhejiang province.
This PTA plant with a nameplate capacity of 2.2mn t/yr has two production trains each of 1.1mn t/yr. One of the two trains has started up and Xinfengming plans to feed paraxylene into this unit today.
Recycling of plastic is broadly defined as collecting waste plastic scraps that are recyclable, processing it with various technologies, and finally treating it with chemicals and additives to produce a newer plastic.Petrochemical Crude Oil Polyamide6
The improved quality of recycled plastic products over their virgin counterparts, the push from different companies, and strict governmental regulations are the main drivers of the recycled plastic market.
Persistence Market Research in its upcoming report titled ‘Recycled Plastic Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’, projects the recycled plastic market to be worth just over US$ 30 billion by 2025.
There was a time for people of certain generations when Coca-Cola was associated with teaching the world to sing.Petrochemical Crude Oil Polyamide6
The famous 1970s song by the New Seekers was reprised in the hit show Mad Men, when advertising guru Don Draper had an epiphany on a hippie retreat about how to sell the fizzy drink as a symbol for global harmony.
Times have changed. For many people, the Coca-Cola brand now stands for plastic pollution and childhood obesity.
The automotive industry has led technological transformations in the past. As international attention turns towards sustainability—with the threat of climate change pressing down on all nations, regardless of the politics behind the notion—the industry seems once again prepared to lead the charge towards change.Petrochemical Crude Oil Polyamide6
Waste tires and fossil fuel consumption weigh heavily on the industry. It is packaging, however, that has arisen in recent talks surrounding automotive sustainability. Packing continues to be an overlooked element that permeates the automotive industry’s supply chain. Now, different manufacturers have expressed interest in the pursuit of reusable packaging.
Europe is at crossroads regarding its management of plastic, plastic waste and the plastic waste trade. Rapidly growing amounts of plastic have negative environmental and climate impacts.Petrochemical Crude Oil Polyamide6
Plastic and plastic waste are traded worldwide. Exporting plastic waste from the EU to Asia is a means of dealing with insufficient recycling capacities in the EU. Waste import restrictions in China
have shifted exports to other countries. Because some types of plastic waste have been added to the United Nations Basel Convention, the option of exporting plastic waste is becoming
increasingly difficult. This requires policymakers, business and other actors to build a more robust and circular economy for plastic in Europe.
Petrochemical Crude Oil Polyamide6