Lotte Chemical Alpek Polyester

Lotte Chemical Alpek Polyester

Lotte Chemical UK after the transaction renamed Alpek Polyester UK Ltd

Lotte Chemical Alpek Polyester

MOSCOW – Polyethylene terephthalate (PET) production facilities, formerly known as Lotte Chemical UK in the UK, are currently owned by Alpek’s subsidiary and operate under the name Alpek Polyester UK Ltd., the company said.

The deal, announced in October, includes a 350,000-ton-per-year PET plant in Wilton. This is Alpek’s first acquisition outside of America.

Soloshenie entered into force on January 1, 2020.

The new business will operate within the Alpek Polyester enterprises as the legal entity Alpek Polyester UK Ltd.

The acquisition is consistent with Alpek’s growth strategy, creating significant value by integrating assets and expanding Alpek Polyester’s global presence to more than 2.8 million tons of PET worldwide in 6 countries and 15 with more than 4,800 employees.

According to the ICIS-MRC Price Survey , at the end of December last year, activity in foreign PET markets was very low amid holidays in Europe. Prices in the Chinese market remained at the level of the second half of the third week of December. Activity in the Russian spot PET market at the end of 2019 increased sharply. Free volumes for spot buyers in a significant amount remained only at the Kaliningrad plant Ecopet.

Alpek is the largest petrochemical company in Mexico and the second largest in Latin America. Its activities are divided into two main segments: “polyesters” (terephthalic acid, polyethylene terephthalate and polyester fibers) and “plastics and chemicals” (polypropylene, foamed polystyrenes, caprolactam, polyurethanes and other special and industrial chemicals). Alpek is a leading global manufacturer of purified terephthalic acid and PET; It owns the continent’s largest expanded polystyrene company and one of the largest polypropylene plants in North America. Alpek currently has 19 factories in Mexico, the USA and Argentina. Alpek is part of the Mexican conglomerate Grupo Alfa. Alpek also owns DAK Americas.

Lotte Chemical UK, a subsidiary of KP Chemical, is part of the Lotte Group’s petrochemical Japanese-South Korean conglomerate and produces purified terephthalic acid (TPA) and PET for use in the packaging industry.

mrcplast.ru

Author: Anna Larionova

Lotte Chemical Alpek Polyester

Petrochemicals Bioplastic Chemical Fibers 11-01-2020

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Petrochemical Polymers Terephthalic Acid Prices

Petrochemical Polymers Terephthalic Acid

Petrochemical Polymers Terephthalic Acid

Polyestertime
ITEM06/01/202013/01/2020+/-
Bottle grade PET chips domestic market6,625 yuan/ton6,575 yuan/ton-50
Bottle grade PET chips export market845 $/ton850 $/ton+5
Filament grade Semidull chips domestic market

Petrochemical Polymers Terephthalic Acid

6,350 yuan/ton6,350 yuan/ton
Filament grade Bright chips domestic market6,400 yuan/ton6,450 yuan/ton+50
Pure Terephthalic Acid PTA domestic market4,975 yuan/ton4,845 yuan/ton-130
Pure Terephthalic Acid PTA export market
620 $/ton 610 $/ton-10
Monoethyleneglycol MEG domestic market5,230 yuan/ton5,475 yuan/ton+245
Monoethyleneglycol MEG export market602 $/ton615 $/ton+13
Paraxylene PX FOB  Taiwan market844 $/ton818 $/ton-26
Paraxylene PX FOB  Korea market827 $/ton800 $/ton-27
Paraxylene PX FOB EU market

Petrochemical Polymers Terephthalic Acid

754 $/ton728 $/ton-26
Polyester filament POY 150D/48F domestic market7,125 yuan/ton7,180 yuan/ton
+55
Recycled Polyester filament POY  domestic market6,950 yuan/ton7,050 yuan/ton+100
Polyester filament DTY 150D/48 F domestic market8,900 yuan/ton8,900 yuan/ton
Polyester filament FDY 68D24F domestic market 8,150 yuan/ton8,250 yuan/ton+100
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers Terephthalic Acid
7,625 yuan/ton7,725 yuan/ton+100
Polyester staple fiber 1.4D 38mm domestic market7,100 yuan/ton7,080 yuan/ton-20
Caprolactam CPL domestic market11,100 yuan/ton11,200 yuan/ton
+100
Caprolactam CPL overseas  market1,250 $/ton1,280 $/ton+30
Nylon6 chips overseas  market1,560 $/ton1,570 $/ton+10
Nylon6 chips conventional spinning domestic  market12,100 yuan/ton12,150 yuan/ton+50
Nylon6 chips  high speed spinning domestic  market12,000 yuan/ton12,200 yuan/ton+200
Nylon 6.6 chips domestic  market22,600 yuan/ton22,600 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers Terephthalic Acid

14,000 yuan/ton14,150 yuan/ton+150
Nylon6 Filament DTY 70D/24F domestic  market16,700 yuan/ton17,000 yuan/ton+300
Nylon6 Filament FDY  70D/24F  domestic  market15,200 yuan/ton15,400 yuan/ton+200
Spandex 20D  domestic  market36,500 yuan/ton36,500 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market29,500 yuan/ton29,500 yuan/ton
Adipic Acid domestic market8,050 yuan/ton8,050 yuan/ton
Benzene domestic market5,970 yuan/ton5,970 yuan/ton
Benzene overseas  market740 $/ton714 $/ton –-26
Ethylene South East market670 $/ton700 $/ton+30
Ethylene NWE  market781 $/ton844 $/ton+63
Acrylonitrile ACN  domestic market10,800 yuan/ton10,700 yuan/ton-100
Acrylonitrile ACN  overseas market1,450 $/ton1,450 $/ton
Acrylic staple fiber ASF  domestic market14,200 yuan/ton14,200 yuan/ton
Viscose Staple Fiber VSF  domestic market9,500 yuan/ton9,500 yuan/ton
PP Powder domestic market7,450 yuan/ton7,550 yuan/ton-100
Naphtha overseas market 

Petrochemical Polymers Terephthalic Acid

575 $/ton560 $/ton
-15
Phenol domestic market 7,375 yuan/ton7,475 yuan/ton-100
PS Taiwan 5250 GPPS1,050 $/ton 1,085 $/ton+35
PS Taiwan 8250 HIPS1,181 $/ton 1,183$/ton+12
LDPE CFR Far East 882 $/ton922 $/ton+40
LLDPE CFR Far East842 $/ton862 $/ton+20
LDPE   FOB Middle East869 $/ton909 $/ton+40
LLDPE FOB Middle East829 $/ton849 $/ton+20
HDPE CFR Far East839 $/ton849 $/ton+10
LDPE FD Northwest Europe 913 €/ton923 €/ton+10
LLDPE FD Northwest Europe 903 €/ton913 €/ton+10
Homopolymer PP CFR Far East920 $/ton895 $/ton-25
Homopolymer PP FD NWE961 €/ton971 €/ton+10

Petrochemical Polymers Terephthalic Acid

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