Petrochemicals Synthetic Fabrics Additives 31-03-2020

Petrochemicals Synthetic Fabrics Additives

Crude Oil Prices Trend

Crude Oil Prices Trend

-Chemical Recycling on Blockchain

Like the lingering bit of advice from 1967’s “The Graduate,” plastics as a field of opportunity is being reimagined for the blockchain age. But this time, it’s for plastics recycling.

Blockchains are proving extremely useful for tracking materials across all sorts of supply chains and creating transparent and immutable audit trails.

Meanwhile, governments around the world are issuing legislation requiring retailers and plastics producers to show they are meeting minimum levels of recycling, requirements that are likely to intensify going forward.

Petrochemicals Synthetic Fabrics Additives

-Will Coke PET Recycling Become a Fiasco in the Philippines?

Activists say the facility, a joint venture between the beverage giant and Thai packaging firm Indorama Ventures, would still require virgin feedstock derived from fossil fuels. They also took issue with the companies’ claim that PET bottles are not single-use packaging.

Global beverage firm Coca-Cola and packaging company Indorama Ventures have ignited controversy by claiming that polyethylene terephthalate (PET) bottles are not single-use packaging.Petrochemicals Synthetic Fabrics Additives

Environmental activists have disputed the claim, arguing that both companies’ PET recycling facility does not change the fact that PET bottles are largely discarded after being used only once. And unlike other materials like aluminium or glass, PET can only be recycled a certain number of times.

Petrochemicals Synthetic Fabrics Additives

-Graphene:few layers of graphene began to be supplied in batches, the industrialization process was accelerated, and the cost was one tenth of graphene

Graphene:few layers of graphene began to be supplied in batches, the industrialization process was accelerated, and the cost was one tenth of graphene

With the gradual breakthrough of the problems of mass production and large size, the industrialization of graphene (2-6 layers) is accelerating. Based on the current research results, the first areas to achieve commercial application may be Mobile equipment, aerospace, new energy batteries, biology, ceramics, lubrication, wear-resistant fields.

The few layers (2-6 layers) of graphene are of particular significance to the basic research of physics, which makes some quantum effects that could only be theoretically demonstrated in the past can be verified experimentally. Petrochemicals Synthetic Fabrics Additives

In two-dimensional graphene (2-6 layers) graphene, the mass of electrons does not exist.

Petrochemicals Synthetic Fabrics Additives

-Science: Water-resistant biodegradable plant-based plastic

Plastic could be not only biodegradable but water-resistant, a group of researchers at Japan’s Osaka University have proven. The Japanese plant-based plastic is stronger than other plastics, Springwise reports. Petrochemicals Synthetic Fabrics Additives

The Japanese researchers led by Associate Professor Taka-Aki Asoh have developed a process that can improve the water-resistance and strength of the composite so that it could be used in the same way as petroleum-based plastics.

By using low-cost, plant-based materials, the cost of Japanese plastic is kept low. As the inventors stressed, their plastic is ecological, emitting fewer greenhouse gases. In fact, no petroleum products are used for making such an innovative substance.

Petrochemicals Synthetic Fabrics Additives

-Science: Water-resistant biodegradable plant-based plastic

The contract price of propylene in Taiwan for deliveries in March was agreed at USD115 per tonne lower than the previous month, ICIS reports.

Thus, the contract price of propylene in March was agreed at the level of USD775 per tonne, DEL compared to USD660 per tonne, DEL a month earlier.

Earlier it was reported that the contract price of propylene in Europe for March deliveries was finally agreed at EUR825 per tonne, which is EUR20 per tonne lower than the level of the previous month. Petrochemicals Synthetic Fabrics Additives

The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

Petrochemicals Synthetic Fabrics Additives

-Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.

Rosneft is selling local production, service and trading assets to a state-owned company, it said in a statement. The move is to protect shareholders’ interests, according to company spokesman Mikhail Leontyev.

The U.S. slapped sanctions on two units of Rosneft earlier this year for operating in Venezuela, stopping short of sanctioning the listed parent company. President Donald Trump is trying to oust Venezuelan President Nicolas Maduro, who is clinging to power in the oil-rich but increasingly impoverished nation. Petrochemicals Synthetic Fabrics Additives

Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.

-Another round of microbes versus plastic

Preliminary study reveals potential to degrade polyurethane.

Scientists continue in the quest to conscript microbes in the battle against burgeoning plastic waste.

Cosmos has reported previously on research focussing on the well-known polyethylene terephthalate (PET) plastics used in drink bottles.Petrochemicals Synthetic Fabrics Additives

Now a German team says it has identified and characterised a strain of bacteria capable of degrading some of the chemical building blocks of the equally prolific and problematic polyurethane.

Another round of microbes versus plastic

-Russia nationalizes Venezuelan assets to skirt U.S. sanctions

Russian oil giant Rosneft PJSC sold its assets in Venezuela to the Russian government, in what may be a maneuver to avoid any U.S. sanctions in an escalating fight between Caracas, Washington and Moscow.

Rosneft is selling local production, service and trading assets to a state-owned company, it said in a statement. The move is to protect shareholders’ interests, according to company spokesman Mikhail Leontyev.  Petrochemicals Synthetic Fabrics Additives

The U.S. slapped sanctions on two units of Rosneft earlier this year for operating in Venezuela, stopping short of sanctioning the listed parent company. President Donald Trump is trying to oust Venezuelan President Nicolas Maduro, who is clinging to power in the oil-rich but increasingly impoverished nation.

Russia nationalizes Venezuelan assets to skirt U.S. sanctions

-Francesco Cavarero, CIO Miroglio: “In the post coronavirus, the data will tell us how consumption has changed” ( Italian Language Only)
“When the pandemic will end and consumption trends will change, reading the data will become more important, because habits and history will no longer have any value” says Francesco Cavarero, CIO of the Miroglio Group (textiles and clothing). For then describe cases of data analysis through artificial intelligence
“When the coronavirus pandemic will be over, we won’t have to make the mistake of trying to restart the production machine as if nothing had happened. This is a data theme. Who will be good at managing them will have an advantage “. To say it to EconomyUp is Francesco Cavarero, CIO of the Miroglio Group.
Founded in 1947 in Alba, in the province of Cuneo, Miroglio is an Italian industrial reality that operates in the textile and women’s fashion sectors. It is present in 22 countries with 37 companies and 4 production sites. Petrochemicals Synthetic Fabrics Additives
In times of Covid-19 Miroglio converted part of the production to the masks. When fully operational, it should produce 25,000 per day, exclusively for Piedmont.
Of course, even in the Miroglio Group, as in all Italian companies, when the emergency is over there will be a need for a restart at every level, including the IT-technological part. The Chief Information Officer of Miroglio Group is aware of this: “I struggle to imagine the aftermath, but I believe that, despite everything, certain needs will be extreme. Therefore, targeted choices will have to be made ”.

Francesco Cavarero, CIO Miroglio: "In the post coronavirus, the data will tell us how consumption has changed"

-Pioneering packaging films with sustainable techniques

“BOPP is a very friendly material as you can recycle it many times at very low temperatures, and it consumes very less power while being manufactured.”

Pankaj Poddar, CEO, Cosmo Films, discusses the benefits of biaxially oriented polypropylene (BOPP) packaging films and how synthetic paper can help safeguard the environment while improving the shelf life of paper.  Petrochemicals Synthetic Fabrics Additives

Kindly walk us through your journey of Cosmo Films.

Established in 1981, Cosmo Films set up their first plant in Aurangabad and introduced the country to BOPP packaging films. Starting with a very small capacity of mere 800 tonnes per annum, from 1981 to 2001, we set up 4 BOPP lines and started engineering films for a plethora of applications which include but are not limited to biscuits, bakery, cigarette wraps, etc. In 2002, we made our first acquisition of Gujarat Propack Limited, which was then a major player in BOPP Films. The acquisition made us market leaders with more than 50 percent market share in BOPP film manufacturing.

Pioneering packaging films with sustainable techniques

Petrochemicals Synthetic Fabrics Additives

Petrochemicals Synthetic Fabrics Composites 30-03-2020

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March contract price propylene Taiwan

March contract price of propylene in Taiwan drops by USD115 per ton

March contract price propylene

MOSCOW – The contract price of C3H6 in Taiwan for deliveries in March was agreed at USD115 per tonne lower than the previous month, ICIS reports.

Thus, the contract price of C3H6 in March was agreed at the level of USD775 per tonne, DEL compared to USD660 per tonne, DEL a month earlier.

Earlier it was reported that the contract price of propylene in Europe for March deliveries was finally agreed at EUR825 per tonne, which is EUR20 per tonne lower than the level of the previous month. The contract price was approved under the terms of FD NWE (with delivery to North-West Europe).

Propylene is the main raw material component for the production of polypropylene (PP).

According to ScanPlast of Market Report, the supply of PP in the Russian market in January 2020 amounted to 127.24 thousand tons, which is 33% more than in 2019. The main increase in supplies came from propylene homopolymer (PP-homo) from ZapSibNeftekhim.

mrcplast.ru

Author: Anna Larionova

Petrochemicals Synthetic Fabrics Composites 30-03-2020

Propylene prices, markets & analysis

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