Petrochemicals Bioplastic Polylactic Acid
Crude Oil Prices Trend
Pricing discussions for January polyethylene (PE) in Europe have been slow to start, as some regions returned to work only on the 7th, but initial offers are being made and deliberated, as upstream crude oil prices slide after their recent sharp spike.
Sellers seek margin restitution
Market slow to start
Some producers are talking to their customers about price increases, announced already to the market in December. A couple of ambitious sellers are looking for a €50/tonne increase, to recover margins lost in the fourth quarter.
Buyers are not entirely sympathetic to this argument, but some do accept that current net spot levels are unsustainable, and it is only at this very low-end level that sellers can be confident of hauling prices up. of Phase 1 of a trade agreement.
At K 2019, Farrel Pomini, a self-described niche player in the plastics compounder market, took a step toward the main stage as it focused on promoting its systems and applications capability rather than a host of new products.
“We’re focusing on our applications expertise this year because we want visitors to see the breadth of our experience,” said Paul Lloyd, business unit director at the Ansonia, Conn.-based company, during the event in Düsseldorf, Germany.
China has suspended its plan to implement a nationwide gasoline blend containing 10% ethanol this year, three sources briefed on the matter said, following a sharp decline in the country’s corn stocks and limited production capacity of the biofuel.
The reversal is a heavy blow to domestic producers that have built new plants, as well as biofuel exporters, including the United States and Brazil, which were looking to benefit from growing Chinese demand. Petrochemicals Bioplastic Polylactic Acid
China was expected to increase imports of U.S. ethanol after the recent announcement of Phase 1 of a trade agreement.
Last month, readers were drawn to articles about a PET reclaimer acquisition, an emerging market for HDPE, government actions in the U.S. and EU, and the U.S. PET bottle recycling rate.
The list below shows our top stories published in December in terms of unique page views. Petrochemicals Bioplastic Polylactic Acid
1 | Virgin plastic giant acquires US PET reclaimer
Indorama Ventures, the world’s biggest prime PET producer, has acquired another U.S. plastics recycling company, this time on the West Coast.
2 | How a new domestic end market for HDPE emerged
A group’s green light to use recycled HDPE in road drainage pipes opens a potentially massive market for recovered plastic. Officials recently explained the work that drove the decision.
Amidst increased demand from consumers and brands alike for sustainable solutions to plastic pollution, bioplastics have become a frontrunner. This publication has reported on numerous innovative bioplastic products over the past year, from films and pharmaceutical packaging to disaster relief solutions and confectionary boxes.
Interestingly, many bioplastic solutions are increasingly coming from one of the places in which the plastics waste issue is most apparent – the marine world. Innovators including Lucy Hughes, the winner of last year’s James Dyson Award, and CuanTec are turning to the sea for inspiration. Petrochemicals Bioplastic Polylactic Acid
At the start of the year, OEKO-TEX® updated their existing guidelines as well as the valid test criteria and limit values for their certifications and services – in line with consistent consumer protection and the sustainability of textiles and leather products. Following a transition period, all new regulations will come into effect on April 1, 2020.
After the introduction of the MADE IN GREEN label for textiles in 2015, beginning January 2020 it will also be possible to award the sustainability label to leather products. In 2019, STeP certification was expanded to include leather production facilities. OEKO-TEX® now goes one step further with the integration of leather products with the MADE IN GREEN label.Petrochemicals Bioplastic Polylactic Acid
Partners with Plastic Bank to recycle ocean plastic
Frankfurt, Germany – Advansa is singing the blues at Heimtextil as it showcases its Suprelle Blue fiberfill products for bedding.Petrochemicals Bioplastic Polylactic Acid
Louis Smith, sales and product development for Suprelle USA/Advansa, said Advansa has been sourcing its raw materials to make its fibers through a partnership with Plastic Bank, which teams with individuals in developing countries who pick up plastic from beaches—keeping it out of the ocean – and then take it to registered recycling centers. In return for the recycled plastic, gatherers get digital tokens that can be used to purchase essentials like food, housing and education, he explained.
Laurent Favre has stepped into the CEO job at Plastic Omnium as the first nonmember of the Burelle family to hold the job and at a time the company is looking at ways to control costs in an auto industry that is not expected to see growth for the next few years.Petrochemicals Bioplastic Polylactic Acid
Plastic Omnium told investors Jan. 7 that it expects “no rebound” in the global automotive market in the next three years, and the company will need to manage its cost structure to ensure profitable operations, but will post higher earnings and revenue for 2019, but a lower operating margin.
Companies in Morocco importing apparel and other textile items from Turkey will have to pay a new Moroccan tariff of 27 per cent despite the Morocco-Turkey free trade agreement (FTA).Petrochemicals Bioplastic Polylactic Acid
The tariff, effective from January 1, will continue to impact Morocco-Turkey trade until December 31, 2021. Textiles are one of the main exports of Turkey to Morocco.
Textiles accounted for nearly half of Turkey’s $2.24 billion in total exports to Morocco in 2018.
Reduce. Reuse. Recycle. Every day there are more designers and brands embracing sustainable practices, producing clothing that is made to last, and establishing recycling programs.
As recycling programs continue to gain popularity among brands apparel is extending its end life.
About 80 percent of these recycling programs result in either routing these clothes to thrift stores, shipping them overseas, or converting garments into rags, among other reuses.Petrochemicals Bioplastic Polylactic Acid
However, what happens at the end of the reuse and repurpose lifecycle is just as important. This is where a garment’s ingredients are critical, and DuPont™ Sorona® fabrics are the formula.
The recent classification of TiO2 in powder form as well as the prices for the pigment have been great headaches for the coatings industry.
Reg Adams of Artikol speaks about the current situation on the market and how buyers can react to the price volatility.Petrochemicals Bioplastic Polylactic Acid
As opposed to reducing and reusing, recycling has the greatest potential to cut down on plastic waste, according to McKinsey & Co. But processing solutions don’t lie solely with mechanical recycling.
The research and consulting firm in December published an article based on publicly available data and interviews with plastics recycling stakeholders.
In exploring how the U.S. can boost its recovery of plastic packaging and food service items, the researchers drew a number of conclusions.Petrochemicals Bioplastic Polylactic Acid
Petrochemicals Bioplastic Polylactic Acid