Petrochemical Hydrogen Biodegradability
The wave of price rising in October was mainly due to the rise of the textile industry, which drove up downstream purchasing power and caused prices to rise. However, according to nylon 6 chip factories, fishnet filament factories were not as active as other sectors. There are two main reasons possibly causing the situation:
First, fishnet filament factory completed a certain degree of stocking in September.
Compared with other areas in the downstream of nylon, fishnet filament has been a relatively stable industry. Generally speaking, it is unlikely to pop up rapidly as modified plastic and film industries, while it is either not be particularly affected by the pandemic like other textiles. Therefore, it has been playing a stable role this year, which has also affected the company’s procurement strategy to a certain extent. The main guiding ideology is to proceed step by step and follow long-term laws. Therefore, in the early September of “the Golden September and the Silver October”, the fish net filament factories already carried out relatively sufficient stocking, and stayed calm when unexpected rise happened in October.
PX-naphtha spread rebounded in Oct, widening from $122/mt on Oct 9 to $165.5/mt as of Oct 28.
- Decline in naphtha Petrochemical Hydrogen Biodegradability
Naphtha price had been firm, but weakened recently. Demand for refined oil products ebbed due to the second wave of coronavirus pandemic, while deep-sea supply to Asia increased. In addition, some naphtha-based steam crackers in South Korea underwent maintenance, leading to lower demand for naphtha. The spread of naphtha to Brent crude oil futures narrowed from the high point of $91.5/mt on Oct 9 to $68/mt as of Oct 27.
Trinseo , a global materials solutions provider and manufacturer of plastics, latex binders and synthetic rubber, has reached definitive agreements with Tyre Recycling Solutions (TRS) on a commercial collaboration and an equity investment in TRS.
The transaction is expected to close later this quarter, subject to ordinary closing conditions.Petrochemical Hydrogen Biodegradability
The new collaboration agreement will see the two companies collaborate on research and development, pooling their combined technology expertise to help global tire manufacturers develop more sustainable tire formulations. Trinseo and TRS share the long-term goal of developing new value-creating systems for the manufacture of tires that reduce environmental footprint and create a sustainable outlet for end of life tires.
Sun Chemical released its 11th annual Corporate Sustainability Report for the year ending 2019. Petrochemical Hydrogen Biodegradability
The report describes Sun Chemical’s emphasis on sustainability in the way it develops, manufactures and distributes its products while also showing how it works with customers and suppliers to improve their sustainability goals.
The 2019 report shares key research and development highlights and Sun Chemical’s contributions to a more sustainable future, such as:
a long-term strategic target to reduce manufacturing CO₂ levels by at least 30 percent by 2030
waste reduction programs focused on improving the utilization of incoming materials, promoting recycling and optimizing the end of life of a product or material
a silver corporate social responsibility rating by EcoVadis, a 3rd party organization that measures a variety of categories, including environment, labor and human rights, ethics, and sustainable procurement Petrochemical Hydrogen Biodegradability
partnerships with various industry associations and consortia focused on large-scale sustainability objectives
products that are developed with bio-renewable raw materials
solutions designed to improve PET bottle recycling and composting
You may have read recently about carbon-neutral rPET or about new forms of carbon-negative deodorant packaging. Here’s what you should know about carbon offsets.
You’ve probably recently read about carbon neutral rPET or about new forms of carbon negative deodorant packaging. Petrochemical Hydrogen Biodegradability
Are these types of carbon claims becoming a trend? In my opinion, the answer is “Yes”.
The Spanish chemicals industry increased employment levels by 2% in January-September, year on year, despite a fall in output of 2.6% in January-August, the country’s trade group FEIQUE said on Tuesday.
The group said employment in the sector in September stood at 209,100 employees, up from 205,200 at the end of 2019. Petrochemical Hydrogen Biodegradability
The data was compiled by Spain’s Instituto Nacional de Estadistica (INE) in its quarterly employment survey, published on Tuesday.
“The data reaffirms the commitment of the chemicals sector with employment, not only maintaining it but also generating new jobs,” said FEIQUE.
Price of BDO rapidly increased since Aug, up to current 10,350yuan/mt from 7,400yuana/mt, with increment at 2,950yuan/mt or 37%.
Price of PTA was in range bound relatively, with spot price fluctuating around 3,200-3,600yuan/mt. Petrochemical Hydrogen Biodegradability
Comprehensive PBT polymerization cost ascended on increasing BDO market, up to current 7,350yuan/mt from 6,250yuan/mt, with increment at 1,100yuan/mt or 17.5%.
Sep and Oct are traditional consumption season for PBT. Operating rate of twisting units PBT section was high in Taicang. With ascending cost, price of PBT chip and fiber also climbed up. Price of PBT chip, POY50D and DTY50D increased to 8,800yuan/mt, 10,200yuan/mt and 13,000yuan/mt respectively from 6,350yuan/mt, 8,400yuan/mt and 11,500yuan/mt, with increment at 2,450yuan/mt or 39%, 1,800yuan/mt or 21% and 1,500yuan/mt or 10% respectively.
PSA and FCA have agreed to allow the French automaker to sell 7% of Faurecia’s outstanding share capital prior to the completion of its merger with FCA and will ensure the new Stellantis entity will not acquire control of the supplier.
Both PSA and FCA boards signed cross-border merger terms that will apply to the combination, with the parties expecting the fusion to be completed by the end of the first quarter of 2021, subject to the customary conditions set forth in their Combination Agreement. Petrochemical Hydrogen Biodegradability
Both boards also agreed to permit Groupe PSA to sell up to around 7% of Faurecia’s outstanding share capital prior to the completion of the merger and to take such other steps (excluding additional disposals of shares) as may be necessary to ensure Stellantis will not acquire control of Faurecia, consistent with the terms of the original Combination Agreement.
This is expected to facilitate the securing of the necessary regulatory approvals in relation to the merger.
Over the past week, nurdles, the raw material used to make plastic, have been spotted along beaches from Port Elizabeth to Cape Town. While it is not yet confirmed how they got there, NGOs and the City of Cape Town have urged beachgoers to help clean up the mess. Petrochemical Hydrogen Biodegradability
On Monday afternoon, under a warm Cape Town sun, families flocked to Muizenberg beach. While children played in the sand and swam in the ocean, some people picked up nurdles that had been washed up on the beach.
Nurdles are the raw material used by manufacturers to make plastic. Last Wednesday 21 October, Shark Spotters received reports that nurdles had been sighted on beaches along the southern coast.
DuPont Biomaterials and the Dutch company DyeCoo, specializing in the development of cleaner dyeing technologies, recently announced a patented, sustainable dyeing process for fabrics made from polyester or recycled polyester and Sorona®. This dyeing solution enables fashion designers and brands to deliver high performance clothing and a lesser environmental footprint. Petrochemical Hydrogen Biodegradability
Fabrics made from a combination of Sorona with polyester or recycled polyester can be sustainably dyed on an industrial scale with the carbon dioxide (CO₂)-based process, developed and patented by DyeCoo. This process uses no chemicals and no water, thus does not cause any wastewater and requires no wastewater treatment. The CO₂ used for the process is reclaimed from existing industrial processes, recycling 95 percent of it in a closed loop system.
Petrochemical Hydrogen Biodegradability