Petrochemical PET Resin Polyester News 20-11-2019

Petrochemical PET Resin Polyester

Crude Oil Prices Trend

Crude Oil Prices Trend

-Birla Carbon, Chasm partner to advance nano-carbons

Indian carbon black supplier Birla Carbon and US-based Chasm Advanced Materials Inc. have agreed to jointly develop nanomaterials for use in high-performance tires, among other applications.

Chasm of Marietta, Atlanta develops and manufactures printed electronics materials and battery materials based on carbon nanotube and ink/coating technologies.

Under the agreement, the partners will share research and engineering resources to develop and manufacture hybrid nanomaterials based on carbon substrates and carbon nanotubes.

The hybrid nanomaterials will combine Chasm’s nanotube enhanced carbon (NTeC) technology with Birla Carbon’s expertise in commercialisation and manufacturing, the companies announced 18 Nov.

Petrochemical PET Resin Polyester

-Asia’s naphtha prices fell alongside losses in global crude oil futures

Asia’s naphtha prices fell alongside losses in global crude oil futures, amid limited demand and burgeoning supply from deep-sea cargo flows to the region.

On Tuesday morning, open-specification naphtha prices for first-half January delivery averaged at $541.00/tonne CFR (cost and freight) Japan, down by $7.00/tonne from the Asia close on 18 November.Petrochemical PET Resin Polyester

Crude oil prices slumped overnight amid uncertainty concerning a trade agreement between the US and China. January ICE Brent crude oil futures settled lower by more than 1% at $62.44/bbl.

Petrochemical PET Resin Polyester

-Turkey’s business circles eyeing $ 30 billion in trade with Iran

Business organisations in Turkey are looking to increase the $ 9.5 billion trade volume between Turkey and Iran to $ 30 billion, President of Foreign Economic Relations Board of Turkey (DEİK) Nail Olpak said during the Business Council meeting in Iranian capital Tehran.Petrochemical PET Resin Polyester

Olpak said his organisation is working to have friendly relations between Turkey and Iran to affect the two countries’ trade cooperation more positively.

Petrochemical PET Resin Polyester

-Isko goes fully responsible with new R-Two programme

Isko denim mill has recently welcomed to its family of innovations its most revolutionarily responsible concept R-Two. Petrochemical PET Resin Polyester

It was essential for development of SS21 fabrics collection featuring an across-the-board employment of the ‘reused and recycled’ programme throughout Isko’s denim offer, confirming once again its commitment to environmental and social responsibility.

In keeping with Isko’s Responsible Innovation approach, this concept deals with the most critical matter that apparel supply chains are currently faced with using more than what is actually needed.

Petrochemical PET Resin Polyester

-CCA SET TO BUILD PLASTIC RECYCLING PLANT

Coca Cola Amatil has signed a heads of agreement with waste processor Veolia to explore opportunities to build a recycled plastics processing plant in Australia.

The plant would reprocess PET bottles, which is already being reused as a raw material to make products such as carpet tiles.

CCA has already moved to manufacture smaller bottles used to bottle Coca Cola from recycled materials. Petrochemical PET Resin Polyester

Coca-Cola Amatil’s Group Managing Director Ms Alison Watkins said Amatil and Veolia had established a joint project team to consider a potential plant’s economic feasibility, size, scale and location.

-CCA SET TO BUILD PLASTIC RECYCLING PLANT

-Top-flight programme for contract sector at Heimtextil

At Heimtextil 2020 next January, interior designers, architects and experts from the hotel trade will be able to draw upon an even greater, more extensive range of offerings for their projects. Petrochemical PET Resin Polyester

Every year, over 3,000 exhibitors showcase their products and materials for the textile furnishings market at Heimtextil in Frankfurt. It is the world’s largest trade fair for home and contract textiles. Some 370 of those exhibitors specifically target with their products for the contract sector, interior designers, architects and experts from the hospitality sector, who will find precisely the kind of solutions they are looking for in the cornucopia of textiles at Heimtextil.

Petrochemical PET Resin Polyester

-Coveris targets growth in BOPP beverage labels

Coveris is targeting growth in the BOPP (Biaxially-Oriented Polypropylene) label beverage market supported by continued investment at its manufacturing facility in Louth, Lincolnshire. Petrochemical PET Resin Polyester

Following significant investment over the last 18 months, Coveris has established a state-of-the-art BOPP label manufacturing facility at its Louth site with a dedicated finishing hall and installation of specialist high-speed slitting equipment.

-Coveris targets growth in BOPP beverage labels

-Tetra Pak claims food and drink first with traceable plant-based pack

Tetra Pak, together with its supplier Braskem, has become the first company in the food and beverage industry to responsibly source plant-based polymers using the Bonsucro standards for sustainable sugar cane. Petrochemical PET Resin Polyester

The company said the move is yet another reinforcement of its commitment to drive ethical and responsible business practices across global supply chains, while lowering the carbon footprint of its packaging.

Tetra Pak claims food and drink first with traceable plant-based pack

-A Circular, Bio-Based Plastic Economy

Royal DSM is a global science-based company specializing in nutrition, health, and materials. Within its corporate strategy, the company defines long-term sustainability aspirations, which include targets to improve the eco-efficiency of its operations.

Now, the Dutch enterprise has announced that by 2030, it will offer a fully alternative range of its existing engineered plastics portfolio based on bio and recycled materials in order to meet the growing consumer and legislative demand for sustainable living practices with circular products. Petrochemical PET Resin Polyester

-A Circular, Bio-Based Plastic Economy

Petrochemical PET Resin Polyester

Petrochemical PET Resin Textiles News 19-11-2019

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