Kaliningrad Group Companies Ekopet sale

Kaliningrad Group Companies Ekopet

Kaliningrad Group of Companies

“Ekopet” for sale

Kaliningrad Group Companies Ekopet

The group includes an industrial complex, a trading house, and an industrial park “BaltTechProm”
The Ekopet group of companies was put up for auction by Trust Bank, according to the National Electronic Platform. The starting price of the auction is 5.5 billion rubles. The group includes 3 legal entities: an industrial complex, a trading house, and an industrial park “BaltTechProm” (Baltic Industrial Park). The total area of ​​the park’s land plots is 132 hectares. The auction will take place on September 21. The auction step is 10 million rubles. Ecopet Group’s revenue in 2019 amounted to RUB 15.4 billion.

“The bank managed the Ekopet Group of Companies from 2018 to 2020. During this time, the maximum load of the plant’s installed capacity was reached. A pool of new clients was attracted, including those outside the Customs Union.Kaliningrad Group Companies Ekopet

In addition, the organizational, commercial and technological transformation of the enterprise was carried out. Now this is a business with a completed investment phase, “said Mikhail Khabarov, Chief Executive Officer of the Trust non-core assets bank.

The production of polyethylene terephthalate (PET) is located in Kaliningrad on the shore of the shipping channel. Ekopet is provided with its own railway line, located near the international sea trade port of Kaliningrad, which provides optimal logistics for the purchase of raw materials (Southeast Asia) and the sale of finished products (Russia, EU, North America).Kaliningrad Group Companies Ekopet

LLC “Balttehprom” is an infrastructure site with a total area of ​​132 hectares, of which Ekopet occupies 20 hectares. The infrastructure is fully prepared for new large tonnage production facilities, including TPA and fiber PET, there is a possibility of building a quay wall.

The polyethylene terephthalate production capacity reaches 220 thousand tons per year. The granulate is produced under the EköPet trademark and is used for the production of food packaging and PET bottles, specifies rupec.ru.

Kaliningrad Group Companies Ekopet

Petrochemicals Nylon66 Polyamide6 26-08-2020

On 21 September, the Ekopet plant in Kaliningrad, with a capacity exceeding 200 thousand tons per year, will be auctioned. ( Italian Language Only)

Petrochemicals Nylon66 Graphene PET 27-08-2020

Petrochemicals Nylon66 Graphene PET

Crude Oil Prices Trend

Crude Oil Prices Trend

-Rising Tensions Between Turkey and Greece Divide E.U. Leaders

An escalating dispute between Greece and Turkey over energy resources in the eastern Mediterranean is fast becoming militarized, raising the risks of a clash among NATO allies.

Foreign Minister Heiko Maas of Germany, who visited Greece and Turkey this week urging dialogue, warned both governments against further military escalation. “Fire is being played with and any small spark could lead to catastrophe,” he said on Tuesday.

As Germany tries to mediate, four of its fellow E.U. members, France, Greece, Cyprus and Italy, are engaged in military exercises involving ships and planes off the Cypriot coast. Their purpose, they say, is to deter Turkey from further energy exploration in disputed waters, something it has been doing for several weeks with vessels guarded by warships and jet fighters.

Rising Tensions Between Turkey and Greece Divide E.U. Leaders

-Braskem and Chemetry to Build EDC Plant Based on Breakthrough Technology

Chemetry’s eShuttle technology produces high-purity ethylene dichloride (EDC), a chemical used primarily for PVC production, at a significant reduction in power consumption and production costs compared with existing techniques.

Chemetry, a business of clean technology innovation company Calera Corp., and Braskem, a leading producer of thermoplastic resins in the Americas based in Sao Paulo, Brazil, announced the construction of a demonstration plant in Brazil using Chemetry’s eShuttle technology for the production of ethylene dichloride (EDC).

Founded 12 years ago, Chemetry is dedicated to the development of environmentally and economically sustainable chemical processes. EShuttle EDC employs a unique metal halide ion process to produce high-purity EDC, a commodity chemical used primarily for PVC production, without the generation of chlorine gas.

Braskem and Chemetry to Build EDC Plant Based on Breakthrough Technology

-LyondellBasell beats Q2 earnings estimates

LyondellBasell came out with quarterly earnings of USD0.71 per share, beating the Zacks Consensus Estimate of USD0.61 per share. This compares to earnings of USD2.75 per share a year ago. These figures are adjusted for non-recurring items, as per ZACKS.

This quarterly report represents an earnings surprise of 16.39%. A quarter ago, it was expected that this oil refiner and chemical company would post earnings of USDUSD.36 per share when it actually produced earnings of USD1.52, delivering a surprise of 11.76%.

Over the last four quarters, the company has surpassed consensus EPS estimates two times.Petrochemicals Nylon66 Graphene PET

LyondellBasell, which belongs to the Zacks Chemical – Diversified industry, posted revenues of USD5.55 billion for the quarter ended June 2020, missing the Zacks Consensus Estimate by 3.98%. This compares to year-ago revenues of USD9.05 billion. The company has not been able to beat consensus revenue estimates over the last four quarters.

Petrochemicals Nylon66 Graphene PET

-Researchers develop enhanced graphene sieve that could advance clean water efforts

Vanderbilt engineers recently designed a simple defect-sealing technique to correct variations in pore size in graphene membranes. The researchers reported a breakthrough in scalable fabrication of graphene membranes with a sealing technology that corrects variations in the pore size so they remain small enough to trap salt ions and small molecules but allow water to pass. Petrochemicals Nylon66 Graphene PET

One of the most complex engineering challenges when making membranes so thin is to maintain integrity in the uniformity of the pores, which required drilling atomically precise holes in a one-atom thick sheet of carbon atoms. “A single large hole can cause high leakage and compromise membrane performance,” said Piran Kidambi, assistant professor of chemical and biomolecular engineering.

“How do you poke trillions of holes between the size of 0.3 and 0.6 nanometers over a square centimeter of material that is just one-atom thick? That is 3 angstroms tolerance using processes that are scalable and roll-to-roll manufacturing compatible,” Kidambi said. An angstrom is one ten-billionth of a meter.

Petrochemicals Nylon66 Graphene PET

-Polymers and Polymerization Reactions

Prior to the early 1920’s, chemists doubted the existence of molecules having molecular weights greater than a few thousand. This limiting view was challenged by Hermann Staudinger, a German chemist with experience in studying natural compounds such as rubber and cellulose. Petrochemicals Nylon66 Graphene PET

In contrast to the prevailing rationalization of these substances as aggregates of small molecules, Staudinger proposed they were made up of macromolecules composed of 10,000 or more atoms.

He formulated a polymeric structure for rubber, based on a repeating isoprene unit (referred to as a monomer). For his contributions to chemistry, Staudinger received the 1953 Nobel Prize.

The terms polymer and monomer were derived from the Greek roots poly (many), mono (one) and meros (part).

Recognition that polymeric macromolecules make up many important natural materials was followed by the creation of synthetic analogs having a variety of properties.

Indeed, applications of these materials as fibers, flexible films, adhesives, resistant paints and tough but light solids have transformed modern society. Some important examples of these substances are discussed in the following sections.

Petrochemicals Nylon66 Graphene PET

-US chemical production up in July, says ACC

US chemical production is rebounding, according to the ACC’s US Chemical Production Regional Index (US CPRI). The figure, a three-month moving average (3MMA), increased 0.8% in July after dropping 2.0% in May and 1.6% in June, reported Chemweek.

Segments contributing to the increase included plastic resins, chlor-alkali, organic chemicals, industrial gases, synthetic dyes and pigments, consumer products, and fertilizers, says ACC. Production continued to decline in adhesives, coatings, other specialty chemicals, crop protection, synthetic rubber, and manufactured fibers.

ACC notes that goods manufacturing continued a broad-based recovery in July, with overall factory activity up 4.9% on a 3MMA basis.Petrochemicals Nylon66 Graphene PET

Petrochemicals Nylon66 Graphene PET

-The European recycling landscape—the quiet before the storm?

Before plastics recycling in Europe can scale up, the industry needs to overcome sizable obstacles. Our survey helps illustrate what companies can do to achieve their aspirations.

McKinsey and Company; authors Mikhail Kirilyuk, Mirjam Mayer, Theo Jan Simons, and Christof Witte  Petrochemicals Nylon66 Graphene PET

Plastics recycling in Europe is expected to grow significantly in the next five to ten years, particularly in response to increased pressure from regulators and consumers. Governments and major brands are continuously discussing and refining targets to reduce waste and improve the circularity of the plastics value chain. And while players in the chemicals industry aspire to expand access to recycling, adopt new technologies, and grow sustainability efforts, many existing European recyclers that have pursued these goals for years have made little progress.

Petrochemicals Nylon66 Graphene PET

-U.S. processing of recovered plastic film, bags, wraps grew 10% between 2017-2018, report says

The amount of film recycled by U.S. and Canadian processors increased for the sixth consecutive year, with 69 per cent of the total amount collected and processed in the U.S. or Canada, the report from the American Chemistry Council said.

U.S. processing of recovered plastic film, bags, and wraps grew 10 per cent between 2017 and 2018, and collection of clear polyethylene film for recycling jumped 20 per cent for the year, according to a new report by the American Chemistry Council and produced by More Recycling. Petrochemicals Nylon66 Graphene PET

The amount of film reported as recycled by U.S. and Canadian processors increased for the sixth consecutive year and reached its highest mark yet, with 69 per cent of the total amount collected and processed in the U.S. or Canada, and the remainder being exported. The amount of recovered film exported dropped by 19 per cent.

U.S. processing of recovered plastic film, bags, wraps grew 10% between 2017-2018, report says

-Robust Processor Demand and Hurricane Threat Impact Spot Market Prices

Strong demand and substantial completed volumes in the spot resin markets last week led to inevitable rising prices as supplies thinned.

Two major storms developing in the Gulf of Mexico prompted another wave of resin buying and price hikes.Petrochemicals Nylon66 Graphene PET

Strong demand and substantial completed volumes in the spot resin markets last week led to inevitable rising prices as supplies thinned, reports the PlasticsExchange in its Market Update.

The week began with producers issuing a new nickel increase for September polyethylene (PE) contracts, lending support to the $0.05/lb increase pending for August, which will probably be implemented.

In addition to the imminent August cost-push polypropylene (PP) increase, which is hovering at $0.04/lb, another major producer joined the $0.03/lb hike for September PP contracts, which is in addition to any change in monomer costs.

The new nominations sent buyers to the spot market seeking to procure additional resin at still fairly good prices.

Robust Processor Demand and Hurricane Threat Impact Spot Market Prices

-Sustainable Polyamide Lightens Gardening Tool

Carbon-fiber reinforced grade is features 90%-reduced carbon footprint when compared to prime PA, with light weight, strength, and electrical conductivity.

Archman srl, an Italian manufacturer of scissors for viticulture, horticulture, and gardening, has chosen Domo’s Econamid Air for its Helium electric tree pruner. An extremely light tool, weighing only 1.63 kg, the cutting body of the new product is molded with the sustainable polyamide- (PA6) based compound with carbon fiber.

The material’s lightweight, strength, electrical conductivity and sustainability credentials, made Econamid Air the ideal material for this application.

The lightweight nature of the material offers comfort for the user, while its electrical conductivity prevents the accumulation of energy, and the risk of unpleasant small electrical shocks during use. Petrochemicals Nylon66 Graphene PET

Sustainable Polyamide Lightens Gardening Tool

-Proposed plastic packaging tax ‘falls short’ says TIPA

Sustainable alternatives to conventional plastic should be exempt from the UK’s new plastic packaging tax, according to a flexible compostable packaging producer.

Sustainable alternatives to conventional plastic should be exempt from the UK’s new plastic packaging tax, according to a flexible compostable packaging producer.

Writing to the UK Treasury, TIPA said: “Traditional recycling alone is failing to deal with the millions of tonnes of plastic detritus on our planet and there is no foreseeable change to this without systematic change in the materials we employ, including compostables.”

The company’s call for action was backed by the Bio-based and Biodegradable Industries Association (BBIA), a UK trade body, and came as the government’s Plastic Packaging Tax consultation closes.Petrochemicals Nylon66 Graphene PET

Proposed plastic packaging tax ‘falls short’ says TIPA

-Kaliningrad Group of Companies “Ekopet” for sale

The group includes an industrial complex, a trading house, and an industrial park “BaltTechProm”
The Ekopet group of companies was put up for auction by Trust Bank, according to the National Electronic Platform. The starting price of the auction is 5.5 billion rubles. The group includes 3 legal entities: an industrial complex, a trading house, and an industrial park “BaltTechProm” (Baltic Industrial Park). The total area of ​​the park’s land plots is 132 hectares. The auction will take place on September 21. The auction step is 10 million rubles. Ecopet Group’s revenue in 2019 amounted to RUB 15.4 billion.

“The bank managed the Ekopet Group of Companies from 2018 to 2020. During this time, the maximum load of the plant’s installed capacity was reached. A pool of new clients was attracted, including those outside the Customs Union.Ka

Kaliningrad Group of Companies "Ekopet" for sale

Petrochemicals Nylon66 Graphene PET

Petrochemicals Nylon66 Polyamide6 26-08-2020