Petrochemicals Enzymes Automotive Ethylene 12-06-2020

Petrochemicals Enzymes Automotive Ethylene

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Polyolefin catalyst market growth will positively impact from automotive sector

Polyolefin Catalyst Market is expected to showcase significant growth over 2020-2026. Increased use of polyolefin in automotive industry is being witnessed as several forward-looking companies invest in technologies that improve the value for PP producers, consumers and brand owners.

The competitive scenario in automotive industry has lately enhanced the demand for increased comfort and better fuel economy. The quantity of polyolefin materials used in the automotive industry has been driven by technological breakthroughs.

Petrochemicals Enzymes Automotive Ethylene

-British technology protects health with antibacterial additive in plastics

Santo Domingo.- The President of the Roundtable of Commonwealth Countries in the Dominican Republic, Fernando González Nicolás, on Tuesday highlighted the benefits for health protection with the use of D2P, a British technology additive that makes antibacterial plastic and packaging products.

González Nicolás explained that applying this chemical component in the manufacture of plastic articles, eliminates bacteria and viruses that reach the surface of these materials throughout their lifespan. Petrochemicals Enzymes Automotive Ethylene

Petrochemicals Enzymes Automotive Ethylene

-Yokogawa inks investment agreement with chemical recycling specialist Jeplan

“This partnership will lead to significant co-innovation in the circular economy field.”

Japanese electrical engineering company Yokogawa Electric has announced that it has signed an investment and partnership agreement with Jeplan – a polyester-material recycling company with an innovative chemical recycling technology.Petrochemicals Enzymes Automotive Ethylene

The two companies will partner in a business that makes use of this recycling process.

In a statement, Yokogawa said that polyester resin produced using Jeplan’s BRING Technology is of equal quality to “conventional petroleum-based polyester resin”.

Petrochemicals Enzymes Automotive Ethylene

-PX: What can we expect of PTA plant restart

There are talks about the pending restart of Hanbang’s 2.2 million mt/yr PTA plant on Jun 10-15. According to the sources, the plant is more likely to restart around Jun 15, which is expected to have great effect on recent PX and PTA markets.

It can be seen from the chart below that starting from the day when Hanbang’s PTA plant was shut (May 20), PTA-PX spread had been widening obviously while PX-naphtha spread been declining to hit record low. Petrochemicals Enzymes Automotive Ethylene

Petrochemicals Enzymes Automotive Ethylene

-Maezio®: Thermoplastic composites take lightness, performance and aesthetics to a new level

Lightweight products are in growing demand. Maezio® thermoplastic composites offer a lightweight material solution without compromising on performance and design. They can be used to manufacture components that are not only extremely light, strong and durable, but also offer new creative freedom for product designers. Petrochemicals Enzymes Automotive Ethylene

Maezio® thermoplastic composites combine strong carbon or glass fibers with the power and flexibility of thermoplastics. Thermoplastics like polycarbonate are used as the substrate material, and carbon or glass fibers are used for reinforcement.

Petrochemicals Enzymes Automotive Ethylene

-Saudi crude exports down by a third in May

Crude exports loaded in May from Saudi terminals fell by a third from the previous month to hit their lowest level in Argus records, as the latest Opec+ production deal capped Saudi Arabia’s output close to 8.49mn b/d last month.

Saudi crude terminals shipped out a combined 6.28mn b/d in May, down by 32pc on the month and the lowest level in Argus records, which started in August 2017, and a sharp plunge from the 9.22mn b/d in April, when Saudi Arabia flooded the market with record output after Opec+ talks collapsed in March. The group struck its new agreement in mid-April.Petrochemicals Enzymes Automotive Ethylene

Saudi crude exports down by a third in May

-Biomass body woes over finance law CO2 criteria

The European biomass industry has expressed concerns that newly proposed EU technical criteria defining ‘sustainable’ biomass could dissuade investment in the technology.Petrochemicals Enzymes Automotive Ethylene

The European Commission is soon expected to launch a public consultation on the environmental impact of industry. The consultation will be followed up with fast-track technical legislation by the end of this year, after which the European Parliament and member states will have limited room to make changes.

Biomass industry body BioEnergy Europe says a final report by sustainable finance experts appointed by the commission moves away from the sustainability criteria in the EU’s 2018 renewables directive. According to the report, to be classed as sustainable, biomass activities would need to meet a 80pc greenhouse gas (GHG) savings threshold when compared with average emissions of fossil fuels. This threshold is increased every five years to reach net zero by 2050.

Biomass body woes over finance law CO2 criteria

-China’s vehicle sales increase in May

Vehicle sales in China increased by 14.5pc in May from a year earlier, in only the second year-on-year increase since June 2018.

China’s vehicle sales totalled 2.194mn in May, and production rose by 18.2pc to 2.187mn from May 2019, the China Association of Automobile Manufacturers (CAAM) said on 11 June. Vehicle sales in April and May increased on the year, an occurrence last seen in June 2018.Petrochemicals Enzymes Automotive Ethylene

January-May sales fell by 22.6pc, with the latest months paring year-to-date declines of 43pc in March and 31.1pc in April, on the return of domestic demand after China brought the Covid-19 outbreak under control and stimulated the economy to offset lockdown effects.

China's vehicle sales increase in May

-Clariant targets Asia with satin effect for high-end personal care packaging

Clariant colour specialists have combined three colours from the ColorForward 2021 trend palette with a satin brushed-glass special effect in order to appeal to consumers in the booming Asian personal care market.Petrochemicals Enzymes Automotive Ethylene

The resulting look helps PET packaging give the impression of luxury and prestige otherwise associated with the brushed glass used for high-end branded products.

The effect is developed during the PET stretch blow-moulding process. A proprietary additive, in concentrated masterbatch form, is added to natural PET resin during the moulding of the bottle preform. Then, as the preform is reheated, stretched and blown into the finished shape, the satin look emerges.

Clariant targets Asia with satin effect for high-end personal care packaging

-Lux Research releases report on the state of electric vehicles

According to Lux Research’s report, “The Electric Vehicle Inflection Tracker: 2020 Edition,” most of automakers’ attention has been focused on making battery electric vehicles (BEVs) that are profitable while addressing consumer pain points related to charging speed and range.Petrochemicals Enzymes Automotive Ethylene

“Consumers want to know, how far can this electric car go and what will it cost? Fortunately, BEVs are consistently making progress on how far they can go, with the average range now 230 miles. Since 2011, range has consistently increased, with a CAGR of 13.7%,” says Lux Research Senior Analyst and lead author of the report Christopher Robinson.

Clariant targets Asia with satin effect for high-end personal care packaging

Petrochemicals Enzymes Automotive Ethylene

Petrochemicals Enzymes Automotive CPL 11-06-2020