Petrochemicals Graphene AdipicAcid PHA 13-07-2020

Petrochemicals Graphene AdipicAcid PHA

Petrochemical Polymers PETBottles Naphtha Trend

Petrochemicals Graphene AdipicAcid PHA

Crude Oil Prices Trend  Crude Oil Prices Trend  

-New VARISORT+ sorting system from Sesotec combines sustainability and profitability

A majority of the plastic that exists will be used just once and will not be recycled. In Europe, only about 30 percent of the plastic produced in 2017 went on to be recycled.

Enormous amounts of plastic waste are disposed of in landfills or incinerators, practices that pose risks to air quality, wildlife, public health, and the food chain. On top of that, the oceans are suffering from a flood of plastics: of the estimated 150 million tons of trash floating in the world’s oceans, roughly a third of it is plastic.

In order to counteract this development and convert plastic waste into useable raw materials, the EU introduced legislation in October 2018 that requires all plastic packaging to be either reusable or easily recyclable by 2030.

As industry has begun to make adjustments to meet this 2030 deadline, the purity of recycled plastics has become a central issue. Petrochemicals Graphene AdipicAcid PHA

Recycling plant operators are having to implement preparation processes that can bring the purity of their recycled plastics up to a level suitable for reuse in food packaging and other sensitive applications. The goal is to produce recycled plastic granulate with the same quality as virgin plastics by sorting out the impurities.

Petrochemicals Graphene AdipicAcid PHA

-EPCA cancels 2020 in-person edition in Budapest

The European Petrochemical Association has formally cancelled the physical version of its 2020 edition in favour of a three-day virtual forum, the industry group confirmed on Friday.

Coronavirus pandemic-induced social distancing measures make impossible to hold such well-attended event, with the EPCA’s annual meeting  originally due to take place on 4-7 October in Budapest. Petrochemicals Graphene AdipicAcid PHA

In April, when Europe was the coronavirus pandemic’s epicentre, EPCA said it was mulling options for its annual edition.

On Friday, the industry group said due to persisting social distancing measures, the traditional format of event was not possible, creating instead the EPCA Community App for the conference attendees to still have “one-stop-shop” to be in touch and follow industry news.

Petrochemicals Graphene AdipicAcid PHA

-Air Products, Thyssenkrupp to collaborate on green hydrogen projects

Air Products says it has agreed to collaborate exclusively with Thyssenkrupp on the development of green hydrogen supplies for sustainable chemicals, transportation, and power generation projects, according to Chemweek. Petrochemicals Graphene AdipicAcid PHA

Thyssenkrupp’s subsidiary Uhde Chlorine Engineers, a leader in large-scale electrolysis plant technologies, will supply specific engineering, equipment, and technical services for water electrolysis plants to be built, owned and operated by Air Products.

The strategic agreement “is an important element of our value chain in developing, building, owning, and operating world-scale projects and supplying green hydrogen for mobility, energy and industrial applications,” says Air Products COO Samir Serhan.

Petrochemicals Graphene AdipicAcid PHA

-EU strategy places chemical industry at heart of future hydrogen economy

The European Commission’s newly-unveiled strategy to scale up renewable hydrogen projects to help meet the EU’s 2050 net-zero emissions goal places the chemical industry at the center of Europe’s future hydrogen economy, according to Cefic director general Marco Mensink, said Chemweek. Petrochemicals Graphene AdipicAcid PHA

“As one of the largest producers and consumers of hydrogen in Europe, it is a vital first step to see that these new strategies place our sector at the heart of Europe’s future hydrogen economy,” Mensink says, following the publication today of the EU’s hydrogen and energy sector integration strategies. “Next to being an alternative fuel and energy carrier, hydrogen can become an important low-carbon building block for the chemical industry’s production processes; using hydrogen as a feedstock is a viable option for our industry to reduce CO2 emissions further,” he says. The chemical sector supports the envisaged energy sector integration and is ready to share its knowledge of hydrogen production and consumption to help the commission and member states to implement the strategies, he adds.

Petrochemicals Graphene AdipicAcid PHA

-UMAC offers customers reconditioned recycling plants and components

Previously owned plastics recycling technology made by EREMA can also be used to produce stable, top-quality recycled pellets for high-quality new end products.

UMAC, a subsidiary of the EREMA Group, specialises in trading used recycling plants and components. Since the company’s founding in 2016, it has sold than 60 machines and components. Petrochemicals Graphene AdipicAcid PHA

One of them was recently delivered to Avangard Innovative’s Natura PCR recycling plant in Texas (USA).

The new recycling plant processes LDPE and LLDPE film into high-quality PCR recycled pellets. This is done by an INTAREMA 1714 TVEplus plant.

Petrochemicals Graphene AdipicAcid PHA

-US light naphtha prices hit four-month high: Update

US Gulf coast light naphtha prices rose to the highest since early March amid healthy demand, reduced refinery output and a strong pricing basis.

Light naphtha rose to 96.13¢/USG yesterday, nearly quadruple its 1 April low and the highest since 5 March. Demand has been strong from domestic gasoline blenders, particularly in the northeast. Logistical constraints have limited prompt gasoline availability in New York Harbor, which in turn raised demand for blending components like naphtha. Petrochemicals Graphene AdipicAcid PHA

The Colonial pipeline last month added segregated naphtha batches to ship the gasoline component from the Gulf coast to the Atlantic coast. However, there had not been any confirmed movement on the Colonial pipeline thus far.

Petrochemicals Graphene AdipicAcid PHA

-Libya: Haftar stipulates conditions to allow oil flow

Warlord Khalifa Haftar wants equal distribution of oil revenue and proceeds to be deposited in foreign bank

Renegade warlord Khalifa Haftar, leader of illegitimate armed militias in eastern Libya, said on Saturday that he will continue to block oil production until his conditions are accepted. Petrochemicals Graphene AdipicAcid PHA

Sharing a video message on social media, Ahmed al-Mismari, the spokesman for Haftar’s militia, while reading a written statement demanded a share in the revenue earned from oil production.

The conditions stipulated in the statement included to deposit oil revenues in the bank account located in a third country and to establish a mechanism to distribute proceeds equally. He also asked for conducting an audit of Libyan Central Bank.

Mismari said if the conditions are not met, his forces will continue to put a halt on oil production.

Libya’s National Oil Corporation (NOC) said on July 5 that it has video and sound recordings to prove that the Al-Sharara oil field has been occupied by foreign mercenaries.

Libya: Haftar stipulates conditions to allow oil flow

-Re-imposed lockdowns, rise in Covid-19 cases cast shadow on crude oil market – IEA

Re-imposed lockdowns in Latin and North America and the pandemic’s resurgence are “casting a shadow” over the outlook for global crude-oil rebalancing despite output continuing to fall at pace in June, the International Energy Agency (IEA) said on Friday.

The IEA certified that economic activity is recovering and the worst for the oil market may have passed after the historic falls in demand in April and May as up to 4bn people were placed under some sort of lockdown to contain the spread of the coronavirus.

However, the pandemic is far from over; in fact, the World Health Organization (WHO) warned on Friday it is accelerating. Petrochemicals Graphene AdipicAcid PHA

“The strong growth of new Covid-19 cases that has seen the re-imposition of lockdowns in some regions, including North and Latin America, is casting a shadow over the outlook [for the oil market],” said the IEA.

Re-imposed lockdowns, rise in Covid-19 cases cast shadow on crude oil market - IEA

-Braskem raised PE and PP prices in July

The only Brazilian producer of Braskem polyolefins increases PE and PP prices for deliveries in July amid rising quotes for raw materials, ICIS reports.

Another good reason for the growth this month was the recent appreciation of the US dollar against the Brazilian real, which led to a decrease in production profitability.

Braskem said that given previous price increases, LDPE prices rose in July by USD75 per tonne, HDPE film prices by USD113 per tonne, while HDPE prices for blow molding by USD56 per tonne. LDL prices rose by USD75 per tonne. Prices Prices for homopolymers and copolymers of PP increased by USD94 per ton. Petrochemicals Graphene AdipicAcid PHA

Economic conditions in Brazil are deteriorating as the incidence rate continues to rise. The number of people infected with coronavirus already exceeds 1.4 million and continues to grow rapidly. It is likely that the number of deaths this week will exceed 61 thousand, according to statistics from Johns Hopkins University.

Braskem raised PE and PP prices in July

Petrochemicals Graphene AdipicAcid PHA

Petrochemicals CrudeOil AdipicAcid PHA 11-07-2020

Braskem Polyethylene Polypropylene prices July

Braskem Polyethylene Polypropylene

Braskem raised PE and PP prices in July

Braskem Polyethylene Polypropylene

The only Brazilian producer of Braskem polyolefins increases PE and PP prices for deliveries in July amid rising quotes for raw materials, ICIS reports.

Another good reason for the growth this month was the recent appreciation of the US dollar against the Brazilian real, which led to a decrease in production profitability.

Braskem said that given previous price increases, LDPE prices rose in July by USD75 per tonne, HDPE film prices by USD113 per tonne, while HDPE prices for blow molding by USD56 per tonne. LDL prices rose by USD75 per tonne. Prices Prices for homopolymers and copolymers of PP increased by USD94 per ton. Braskem Polyethylene Polypropylene

Economic conditions in Brazil are deteriorating as the incidence rate continues to rise. The number of people infected with coronavirus already exceeds 1.4 million and continues to grow rapidly. It is likely that the number of deaths this week will exceed 61 thousand, according to statistics from Johns Hopkins University.

According to ScanPlast of Market Report, the estimated PE consumption in Russia amounted to 595.17 thousand tons in the first five months of this year, which is 10% more than the same indicator a year earlier. Braskem Polyethylene Polypropylene

Deliveries of all ethylene polymers, except linear polyethylene (LDL), increased, including due to an increase in capacity utilization at ZapSibNeftekhim. The supply of PP to the Russian market in January – May 2020 amounted to 457.93 thousand tons (calculated by the formula production minus export plus import). Deliveries of exclusively propylene stat copolymers (PP random) increased.

Located in São Paolo, Braskem is the leading Brazilian petrochemical company and the main producer of polyethylene and polypropylene in the country.

The company owns the largest petrochemical facilities in Latin America and is the fifth largest petrochemical product in the world. Braskem operates 18 chemical plants with a production capacity of more than 11 million tons of chemical and petrochemical products per year. Braskem Polyethylene Polypropylene

mrcplast.ru

Author: Anna Larionova

Petrochemical Polymers PETBottles Naphtha Trend

Petrochemical Polymers PETBottles Naphtha

Petrochemical Polymers PETBottles Naphtha

Polyestertime
ITEM06/07/202013/07/2020+/-
Bottle grade PET chips domestic market5,400 yuan/ton5,300 yuan/ton-100
Bottle grade PET chips export market670 $/ton665 $/ton-5
Filament grade Semidull chips domestic market

Petrochemical Polymers PETBottles Naphtha

4,600 yuan/ton4,475 yuan/ton-125
Filament grade Bright chips domestic market4,700 yuan/ton4,575 yuan/ton-125
Pure Terephthalic Acid PTA domestic market3,575 yuan/ton3,520 yuan/ton-55
Pure Terephthalic Acid PTA export market
420 $/ton420 $/ton
Monoethyleneglycol MEG domestic market 3,510 yuan/ton3,430 yuan/ton-80
Monoethyleneglycol MEG export market422 $/ton415 $/ton--7
Paraxylene PX FOB  Taiwan market541 $/ton540 $/ton-1
Paraxylene PX FOB  Korea market523 $/ton522 $/ton-1
Paraxylene PX FOB EU market

Petrochemical Polymers PETBottles Naphtha

515 $/ton499 $/ton-16
Polyester filament POY 150D/48F domestic market5,100 yuan/ton4,900 yuan/ton
-200
Recycled Polyester filament POY  domestic market5,500 yuan/ton5,350 yuan/ton-150
Polyester filament DTY 150D/48 F domestic market6,700 yuan/ton6,600 yuan/ton-100
Polyester filament FDY 68D24F domestic market 6,350 yuan/ton6,150 yuan/ton-200
Polyester filament FDY 150D/96F domestic market
Petrochemical Polymers PETBottles Naphtha
5,500 yuan/ton5,400 yuan/ton-100
Polyester staple fiber 1.4D 38mm domestic market5,600 yuan/ton5,450 yuan/ton-150
Caprolactam CPL domestic market9,750 yuan/ton9,550 yuan/ton
-200
Caprolactam CPL overseas  market1,100 $/ton1,065 $/ton-35
Nylon6 chips overseas  market1,360 $/ton1,360 $/ton+20
Nylon6 chips conventional spinning domestic  market10,950 yuan/ton10,750 yuan/ton-200
Nylon6 chips  high speed spinning domestic  market11,150 yuan/ton10,800 yuan/ton-350
Nylon 6.6 chips domestic  market18,300 yuan/ton18,300 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Polymers PETBottles Naphtha

13,400 yuan/ton13,150 yuan/ton-250
Nylon6 Filament DTY 70D/24F domestic  market16,150 yuan/ton15,800 yuan/ton-350
Nylon6 Filament FDY  70D/24F  domestic  market14,350 yuan/ton14,150 yuan/ton-200
Spandex 20D  domestic  market36,000 yuan/ton36,000 yuan/ton
Spandex 30D  domestic  market35,000 yuan/ton35,000 yuan/ton
Spandex 40D  domestic  market28,500 yuan/ton28,500 yuan/ton-500
Adipic Acid domestic market6,200 yuan/ton6,180 yuan/ton-20
Benzene domestic market3,300 yuan/ton3,230 yuan/ton-70
Benzene overseas  market422 $/ton415 $/ton
-7
Ethylene South East market790 $/ton750 $/ton-40
Ethylene NWE  market740 $/ton730 $/ton-10
Acrylonitrile ACN  domestic market8,100 yuan/ton7,200 yuan/ton-900
Acrylonitrile ACN  overseas market1,000 $/ton950 $/ton
Acrylic staple fiber ASF  domestic market11,500 yuan/ton11,500 yuan/ton
Viscose Staple Fiber VSF  domestic market8,500 yuan/ton8,500 yuan/ton
PP Powder domestic market7,300 yuan/ton7,500 yuan/ton+200
Naphtha overseas market 

Petrochemical Polymers PETBottles Naphtha

388 $/ton404 $/ton
+16
Phenol domestic market 6,900 yuan/ton6,175 yuan/ton-725
PS Taiwan 5250 GPPS980 $/ton 980 $/ton
PS Taiwan 8250 HIPS1,120 $/ton 1,120 $/ton
LDPE CFR Far East 922 $/ton932 $/ton+10
LLDPE CFR Far East822 $/ton832 $/ton+10
LDPE   FOB Middle East884 $/ton924 $/ton+10
LLDPE FOB Middle East814 $/ton824 $/ton+10
HDPE CFR Far East884 $/ton803894 $/ton+10
LDPE FD Northwest Europe 868 €/ton928 €/ton-+60
LLDPE FD Northwest Europe 813 €/ton873 €/ton+60
Homopolymer PP CFR Far East900 $/ton910 $/ton+10
Homopolymer PP FD NWE821 €/ton861 €/ton+40

Petrochemical Polymers PETBottles Naphtha