Petrochemical PETBottle Film Automotive 22-10-2020

Petrochemical PETBottle Film Automotive

-Crude Oil Prices Trend 

Crude Oil Prices Trend 

-California mandate seeks to develop market for recycled plastic

California has become the first US state to mandate a minimum recycled content in plastic beverage containers. The main objective of the new law is to develop the local market for recycled resins and to create value in the entire recycling chain.

Starting in 2022, manufacturers are required to include an annual average of 15% of post-consumer recycled plastic (PCR) in beverage containers. By 2025 the mandate is set to increase to 25% and by 2030 to 50%.

Beverage manufacturers that violate those requirements will have to pay an annual administrative penalty of 20 cents/lb of PCR they fail to reach. The amount will be deposited in the Recycling Enhancement Penalty Account and used to support recycling infrastructure, collection, and processing of plastic beverage containers in the state.

California mandate seeks to develop market for recycled plastic

-Global leader for high volume, general-purpose and specialty BOPP films

More than 20 years of BOPP experience, plus a global manufacturing presence, allows Ampacet to serve the highly demanding BOPP film market through a dedicated world-wide R & D team, with BOPP as a major focus. Ampacet is committed to developing masterbatches to answer new market requirements, and to support customers with new products that bring added value to customers.

Ampacet’s BOPP product range includes opaque masterbatches (solid whites, cavitating masterbatches and various combinations of white-opaque products) as well as a broad range of additive masterbatches: general-purpose and specialty antiblocks, migratory and non-migratory antistatics, migratory and non-migratory slips, combinations of slip-antistatic and slip-antiblock masterbatches, antifogs, various matte compounds, stiffeners, release agents for cold seal applications and purging compounds.

Global leader for high volume, general-purpose and specialty BOPP films

-ELIX Polymers and REPSOL sign Circular Economy partnership agreement

The agreement reached between ELIX Polymers and REPSOL will make it possible to implement a collaborative framework for a circular economy that includes the commitment to supply ISCC PLUS-certified recycled styrene on a regular basis as from 2021.

This alliance will enable both companies to strengthen their customer-supplier relations and co-operate on achieving their goals within their respective circular economy and sustainability strategies. Petrochemical PETBottle Film Automotive

At the end of 2019 REPSOL obtained the ISCC PLUS certification for all its production centres of polyolefin and other circular petrochemical products, including recycled styrene. This certification enables REPSOL to guarantee the traceability of the waste used in order to offer products to its customers made from recycled material for applications with strict cleanliness and safety standards.

ELIX Polymers and REPSOL sign Circular Economy partnership agreement

-China’s polyester demand to stay strong on feedstock cost, rising export orders

China’s polyester demand is expected to remain healthy till the end of October amid rising feedstock cost and improving export demand. Petrochemical PETBottle Film Automotive

Polyester demand showed significant improvement after China’s week-long holiday amid restocking activities from downstream converters.

However, the textile industry is a labor-intensive industry, and once the textile factories in India resume production, China will face falling export orders as India’s textile industry has an advantage due to the lower labour cost.

“I think the stronger polyester demand may only last till end of this month as year-end period is usually the lull season for textile industry,” a polyester producer said.

China’s polyester demand to stay strong on feedstock cost, rising export orders

-Tomra AutoSort devices find home in Turkey

Turkish recycling firm Burkasan sorts plastic containers and flakes using Tomra sensor sorting equipment. Petrochemical PETBottle Film Automotive

Turkey-based multiple materials recycling firm Burkasan, which has several recycling facilities in that nation, is using Tomra Sorting Recycling AutoSort and AutoSort Flake machines at a new plastic recycling facility. The plant has been designed to sort up to five tons per hour of plastic scrap, including polyethylene terephthalate (PET), high-desnity polyethylene (HDPE), and polypropylene (PP) containers, according to Tomra.

Tomra calls it the first time a recycling plant in Turkey has been outfitted to process mixed plastic containers “using the most advanced sensor-based sorting solutions from Tomra Sorting Recycling to get excellent results in the production of PET flakes and HDPE granules.”

States Vedat Kılıç, board chairman at Burkasan, “We set ourselves the target to produce the best raw materials out of [scrap] plastic by using Tomra’s optical sorting machines.

Petrochemical PETBottle Film Automotive

-Covestro receives first supply of certified renewable phenol for polycarbonates from Borealis

As part of a strategic collaboration, Covestro received a first delivery of 1,000 tonnes of renewable phenol from Borealis, produced with renewable hydrocarbons from Neste.

Covestro receives first supply of certified renewable phenol for polycarbonates from Borealis  Petrochemical PETBottle Film Automotive

Neste produces these ISCC Plus certified hydrocarbons from renewable raw materials. The hydrocarbons are then converted into ISCC Plus certified phenol by Borealis and used by Covestro to produce high-performance plastic polycarbonate in automotive and electronic applications.

Covestro CEO Dr Markus Steilemann said: “With this first supply, we are once again underlining our commitment to the increased use of alternative raw materials.

Covestro receives first supply of certified renewable phenol for polycarbonates from Borealis

-Circular economy setback

Covid-19 pandemic and low oil prices shrink the recycled plastic supply chain and undermine the circular economy in Asia and beyond.

Prior to the emergence of the novel coronavirus outbreak, the recycled plastics industry had been making significant progress in its journey to end plastic waste. It was seeing positive results from high consumer and regulatory pressure on brands worldwide to improve their commitments to sustainability.

Private companies, non-profit organisations and non-governmental organisations (NGOs) were all campaigning actively to increase consumer awareness of recycling and sustainability across the value chain. Petrochemical PETBottle Film Automotive

The message was finally getting through at a basic level, setting the stage for a fundamental shift in public attitudes.

Petrochemical PETBottle Film Automotive

-BRITVIC PLC (“BRITVIC”) ANNOUNCES NEW AND EXCLUSIVE PEPSICO BOTTLING AGREEMENT

New 20-year franchise bottling agreement for PepsiCo carbonated brands in Great Britain

All plastic bottles in GB to be made entirely from recycled PET by the end of 2022

FY20 performance – trading anticipated to be slightly ahead of market consensus

Britvic today announces it has reached agreement with PepsiCo for a new and exclusive 20-year franchise bottling agreement for the production, distribution, marketing and sales of its carbonated soft drink brands – including Pepsi, 7UP and Mountain Dew – in Great Britain. The new agreement extends the relationship, which commenced in 1987, to 31 December 2040 and includes the Rockstar energy brand, for which Britvic will take responsibility from 1 November this year. Petrochemical PETBottle Film Automotive

Britvic also announces today its intent for all plastic bottles in GB to be made from 100% recycled plastic (rPET) by the end of 2022 – three years earlier than originally planned, and ahead of the previous target of 50%. This will cover the entire GB portfolio of Britvic-owned and PepsiCo brands, and demonstrates both companies’ commitment to sustainability and to a healthier planet.

BRITVIC PLC ("BRITVIC") ANNOUNCES NEW AND EXCLUSIVE PEPSICO BOTTLING AGREEMENT

-Coca-Cola continues to lead sustainable solutions for plastic recovery and recycling in the Philippines

Plastic—lightweight, strong, and easily molded into various forms—has no doubt revolutionized our everyday lives and has provided convenience in the way we consume products. But, largely due to improper waste management and disposal, plastic has unfortunately given rise to a global waste problem. Petrochemical PETBottle Film Automotive

In the Philippines alone, around 2.7 million metric tons of plastic waste is generated each year, and a huge portion of this finds its way into the environment, choking waterways, polluting the ecosystem, and jeopardizing our biodiversity.

“Any time our packaging ends up anywhere it doesn’t belong is simply unacceptable to us,” said Jonah De Lumen-Pernia, Public Affairs and Sustainability Director of Coca-Cola Philippines. “Coca-Cola has globally committed to building a World Without Waste, and we are striving to make that a reality in the Philippines through various initiatives and partnerships.”

Petrochemical PETBottle Film Automotive

-UPM starts construction of €550-million biochemicals facility in Leuna, Germany

Plant will produce 220,000 metric tons/year of bio-MEG, bio-MPG using wood as feedstock; due online by end 2022. Petrochemical PETBottle Film Automotive

The construction of UPM’s innovative biochemicals facility starts in Germany

UPM celebrated today the official start of the construction of the state-of-the-art biochemicals facility in Leuna, Germany. The biorefinery investment of EUR 550 million is a major milestone in UPM’s strategic transformation.

In Leuna, UPM will produce a range of 100% wood-based biochemicals that enable a switch from fossil-based products to sustainable alternatives in a number of end-uses such as plastics, textiles, cosmetics and industrial applications. Technology and process have been developed by UPM over the past ten years, mainly building on the company’s own innovation capabilities and selectively working with international partners. The biorefinery is expected to start up by the end of 2022.The investment has been awarded The Bio Act of the Year 2020 by the World BioEconomy Forum earlier in September this year.

Petrochemical PETBottle Film Automotive

-Marchon Eyewear promotes sustainability in partnership with Eastman

Marchon Eyewear promotes sustainability in partnership with Eastman

Marchon Eyewear partners with a global specialty materials company, Eastman, to use recycled acetate for their optical products and sunglasses.

They have announced the industry-first partnership, which will make it the first eyewear company to use Eastman Renewed Acetate in their brand frames.

Eastman Acetate Renew is a fully sustainable material made by recycling the most complex plastic waste. Petrochemical PETBottle Film Automotive

This reduces environmental impact as it uses conventional recycling techniques to use plastic disposal, waste such as mixed plastic and non-polyester plastic.

Petrochemical PETBottle Film Automotive

Petrochemical PETBottle Film Automotive

Petrochemical PETBottle PP Automotive 21-10-2020