Petrochemical Naphtha PETRecycling PETBottle Trend

Petrochemical Naphtha PETRecycling PETBottle

Petrochemical Naphtha PETRecycling PETBottle

Polyestertime
ITEM 15/02/2021 22/02/2021 +/-
Bottle grade PET chips domestic market 6,200 yuan/ton 6,700 yuan/ton +500
Bottle grade PET chips export market 855 $/ton 960 $/ton- +105
Filament grade Semidull chips domestic market 5,450 yuan/ton 5,975 yuan/ton +525
Filament grade Bright chips domestic market 5.575 yuan/ton 6,100 yuan/ton +525
Pure Terephthalic Acid PTA domestic market 3,965 yuan/ton 4,260 yuan/ton +295
Pure Terephthalic Acid PTA export market
565 $/ton 585 $/ton +20
Monoethyleneglycol MEG domestic market 4,795 yuan/ton 5,900 yuan/ton +1,105
Monoethyleneglycol MEG export market 630 $/ton 770 $/ton- +140
Paraxylene PX FOB  Taiwan market 746 $/ton 802 $/ton +56
Paraxylene PX FOB  Korea market 728 $/ton 784 $/ton +56
Paraxylene PX FOB EU market

Petrochemical Naphtha PETRecycling PETBottle

712 $/ton 770 $/ton +58
Polyester filament POY 150D/48F domestic market 6,330 yuan/ton 7,075 yuan/ton
+745
Recycled Polyester filament POY  domestic market 6,150 yuan/ton 6,600 yuan/ton +450
Polyester filament DTY 150D/48 F domestic market 8.050 yuan/ton 8.600 yuan/ton +550
Polyester filament FDY 68D24F domestic market 7,250 yuan/ton 7,900 yuan/ton +650
Polyester filament FDY 150D/96F domestic market
Petrochemical Naphtha PETRecycling PETBottle
6,500 yuan/ton 7,150 yuan/ton +650
Polyester staple fiber 1.4D 38mm domestic market 6,900 yuan/ton 7,550 yuan/ton +650
Caprolactam CPL domestic market 11,800 yuan/ton 13,000 yuan/ton
+1,200
Caprolactam CPL overseas  market 1,550 $/ton 1,670 $/ton +120
Nylon6 chips overseas  market 1,780 $/ton 1,780 $/ton
Nylon6 chips conventional spinning domestic  market 12,700 yuan/ton 14,100 yuan/ton +1,400
Nylon6 chips  high speed spinning domestic  market 12,850 yuan/ton 13,800 yuan/ton +950
Nylon 6.6 chips domestic  market 31,400 yuan/ton 33,500 yuan/ton +2,100
Nylon6 Filament POY 86D/24F domestic  market

Petrochemical Naphtha PETRecycling PETBottle

14,550 yuan/ton 16,000 yuan/ton +1,450
Nylon6 Filament DTY 70D/24F domestic  market 17,200 yuan/ton 18,650 yuan/ton +1,450
Nylon6 Filament FDY  70D/24F  domestic  market 15,700 yuan/ton 17,000 yuan/ton +1,300
Spandex 20D  domestic  market 56,000 yuan/ton 62,000 yuan/ton +6,000
Spandex 30D  domestic  market 54,000 yuan/ton 60,000 yuan/ton +6,000
Spandex 40D  domestic  market 46,000 yuan/ton 51,000 yuan/ton +5,000
Adipic Acid domestic market 8,200 yuan/ton 9,150 yuan/ton +950
Benzene domestic market 5,400 yuan/ton 6,400 yuan/ton +1,000
Benzene overseas  market 710 $/ton 801 $/ton
+91
Ethylene South East market 830 $/ton 865 $/ton +35
Ethylene NWE  market 1,112 $/ton 1,173 $/ton +61
Acrylonitrile ACN  domestic market 12,000 yuan/ton 13,000 yuan/ton +1,000
Acrylonitrile ACN  overseas market 1,700 $/ton 1,900 $/ton +200
Acrylic staple fiber ASF  domestic market 17,000 yuan/ton 18,000 yuan/ton +1,000
Viscose Staple Fiber VSF  domestic market 13,800 yuan/ton 15,000 yuan/ton +1,200
PP Powder domestic Petrochemical Naphtha PETRecycling PETBottle 7,570 yuan/ton 8,470 yuan/ton +900
Naphtha overseas market  563 $/ton 578 $/ton
+15
Phenol domestic market 6,790 yuan/ton 7,720 yuan/ton +930

Petrochemical Naphtha PETRecycling PETBottle

Polymers Biodegradability Recycling Hydrogen 22-02-2021

Polymers Biodegradability Recycling Hydrogen

Petrochemical Naphtha PETRecycling PETBottle Trend

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Crude Oil Prices Trend 

Crude Oil Prices Trend Polyestertime

-Groupe Renault and Faurecia to collaborate on hydrogen storage systems for light commercial vehicles

Groupe Renault and Faurecia will collaborate on hydrogen storage systems for hydrogen-powered light commercial vehicles.

Starting at the end of 2021, Faurecia will supply hydrogen storage systems for a first fleet of light commercial vehicles. These systems will be developed and produced at its global center of expertise in Bavans, France. Polymers Biodegradability Recycling Hydrogen

As volumes, increase production will be extended to a new plant dedicated to hydrogen storage systems that Faurecia is building in Allenjoie, France.

This collaboration on hydrogen storage systems is embedded in our strategy to offer market-ready H2 solutions for light commercial vehicles and target over 30% share of this fast-growing market in Europe. It supports the ambition shared with our partner Plug Power to build a unique end-to-end green hydrogen and fuel cell value chain and new value-generating activities in France.

Polymers Biodegradability RecyclingPolyester

-Plastic scrap prices on the rise

Gains in pricing have been reported for a variety of plastic scrap.

Pricing for natural and mixed-color high-density polyethylene (HDPE) has been increasing to the point where it could test the limits of some buyers, sources say.

Ajit Perera, vice president of postconsumer operations at Talco Plastics Inc., a reprocessor and compounder based in Corona, California, says the rising price of mixed-color HDPE could test demand from some consumers that tend to buy recycled material because of the cost advantage it offers to virgin. “The haggling will happen next month,” he says in mid-February, referring to manufacturers of nursery pots and similar items that are not as committed to using recycled content as other companies are.

Perera says natural HDPE bottle bales are selling for 60 to 65 cents per pound in California, while the material is priced closer to 75 cents per pound on the East Coast where the competition is fiercer.  Polymers Biodegradability Recycling Hydrogen

Mixed-color HDPE bottle bales are selling for 12 to 14 cents in California as of mid-February, a modest increase from the 11 to 13 cents they sold for the previous month, he adds. Prices for mixed-color HDPE bales on the East Coast are higher, Perera says, having reached the mid-20 cent range in mid-February. East Coast mixed-color HDPE bale prices had been in the low 20 cent range since December.

Plastic scrap prices on the rise

-Shawbrook lends £9m to recycled PET producer, which is tackling single-use plastics

Shawbrook Bank has provided asset finance facilities totalling £9m to Esterform Packaging Ltd and its new food grade recycled Polyethylene Terephthalate (rPET) production business Esterpet Ltd. Polymers Biodegradability Recycling Hydrogen

The funding was used to purchase two Starlinger recoSTAR PET 165 HC iV+ production lines in order to manufacture over 13,000 tonnes of rPET each.

It will also provide funds to build out its non-beverage tooling library as they look to diversify into non-beverage sectors.

This is part of Esterform Packaging’s project to tackle single-use plastics.

A portion of Esterform’s Sherburn in Elmet site in Leeds has also been redeveloped, with a new 18m-high building to house up to three identical rPET convertor lines.

The rPET resulted from those new lines will be supplied to Esterform clients against contracts with customers for use in preform/container production.

The decision to tackle single-use plastics follows the government’s tax on plastic packaging containing less than 30% recycled plastic.

Shawbrook lends £9m to recycled PET producer, which is tackling single-use plastics

-Newly developed sustainable aviation fuel to reduce emissions by 75 per cent

The certified jet fuel will enable a minimum reduction in carbon emissions of 75 per cent compared to fossil fuel equivalents and remove thousands of tonnes of waste-plastics from the environment every year. Polymers Biodegradability Recycling Hydrogen

Sustainable and green-energy company, Clean Planet Energy, have announced a breakthrough product in their mission to significantly reduce carbon emissions in fossil-fuel led transport.

Branded as ‘Clean Planet Air’, the certified kerosene/ jet fuel can be used as a direct replacement for the fossil fuel equivalent, yet it reduces CO2 emissions by a minimum of 75 per cent in comparison, whilst removing thousands of tonnes of waste-plastics from the environment every year.

“On an average day across the world (pre-COVID-19), you would expect 75,000 planes to take-off. The aviation industry is making great strides to be greener and cleaner, but, still, it is calculated by the European EEA that a domestic flight, for every 1,000km travelled (the average distance between the UK and Spain) will release 250kg of new CO2 emissions for every economy passenger onboard.

Newly developed sustainable aviation fuel to reduce emissions by 75 per cent

-Hyosung’s 100% Recycled creora® regen Spandex Grabs Denim Industry Attention

With sustainability, traceability and transparency at the top of the denim industry’s agenda, mills and brands are seeking fiber technology solutions to help them create the most responsibly made, eco-friendly denim products.

While still unable to gather in person at trade shows for the time being, Hyosung will present its latest sustainable fiber developments to the tightknit denim community during Kingpins24 FLASH virtual event taking place February 23-24, 2021.

Among its sustainable fiber solutions, Hyosung will highlight its GRS-certified, 100% recycled creora® regen spandex made from reclaimed waste, which has been in demand since its launch in 2020. Polymers Biodegradability Recycling Hydrogen

Hyosung’s 100% Recycled creora® regen Spandex Grabs Denim Industry Attention

-Australia’s largest PET recycling plant ahead of schedule

Australia’s largest PET recycling plant is now under construction in Albury-Wodonga, after joint venture partners Pact Group HoldingsAsahi Beverages and Cleanaway Waste Management broke ground on the A$45 million (US$32m) site.

Located in New South Wales, the plant is expected to be fully operational by October, two months ahead of schedule, and just  14 months after the three firms entered the joint venture. The facility will trade as Circular Plastics Australia PET.

The raw plastics material that the new plant will recycle each year is equivalent to one billion 600ml PET bottles and will be used to produce more than 20,000 tonnes per annum of new recycled PET bottles and food packaging, making it the largest end-to-end rPET plant in Australia.

It will increase the amount of locally sourced and recycled PET produced in Australia by two thirds – from around 30,000tpa currently to more than 50,000tpa according to Pact Group.

Polymers Biodegradability RecyclingPolyester

-INDEVCO Plastics Announces Sustainable Heavy Duty Films & Bags with Up to 50% Recycled Content

INDEVCO Plastics’ industrial bags and films with PIR or PCR content include form-fill-seal (FFS) film, heavy-duty open mouth bags, and centerfold (C-Fold) sheeting.

INDEVCO Plastics continues expanding its range of sustainable plastic films, today announcing the launch of recyclable industrial films and bags that use up to 50% recycled resin content. Last month, INDEVCO Plastics announced its recyclable Shrink Bundling Film comprised of 50% post-consumer recycled (PCR) resin for the beverage and processed food industries. Polymers Biodegradability Recycling Hydrogen

Wayne Mashe, Divisional General Manager of INDEVCO North America Plastics Division, explains, “We’ve been using post-industrial recycled (PIR) resins in our blends since we opened in 2015. Every film we produce is 100% recyclable, and today we’re optimizing how the films with PIR and PCR recycled materials perform, especially for industrial customers.”

INDEVCO Plastics utilizes up to 50% PIR or PCR resins, as well as eco-friendly water-based inks, in its heavy duty FFS Film, Centerfold PE Film, and pre-formed Open Mouth Polybags. These films and bags are commonly used by industrial manufacturers to pack agricultural minerals, building materials, industrial and pool salt, lawn and garden products, pet food and litter products, and petrochemical products.

INDEVCO Plastics Announces Sustainable Heavy Duty Films & Bags with Up to 50% Recycled Content

-Consortium Drives Chemical Recycling of Plastic Waste in Asia

Polymers Biodegradability RecyclingPolyester

-Head of Sustainability in Sanpellegrino (Italian Language Only)

Fabiana Marchini will lead a task force created to accelerate Sanpellegrino’s transition towards a more sustainable future.

Fabiana Marchini, has been appointed Head of Sustainability of Sanpellegrino, a company active in the mineral water and non-alcoholic drinks sector, part of the Nestlé Group. She will be responsible for a task force created to accelerate Sanpellegrino’s transition to a more sustainable future, with a specific focus on water, manufacturing, packaging and transportation.  Polymers Biodegradability Recycling Hydrogen
Graduated in Economics and Commerce from Bocconi in Milan, who joined the Group in September 2001 as Brand Manager, Marchini has held roles of increasing responsibility up to becoming National Account Manager. In this role she followed the Take Home channel managing negotiations with the major players in the large-scale retail trade until 2014 when she was appointed Head of CCSD department, a cross-channel function dedicated to the development of category strategies and market & shopper intelligence.

Polymers Biodegradability RecyclingPolyester

-€150 mn in Portugal’s recovery plan for textile, footwear, resin

Portugal recently released for public consultation its Recovery and Resilience Plan (RRP), which provides for €150 million to promote incorporation of bio-based materials in the textile and clothing, footwear and resins sectors. The planned investment aims to support 30 research, development and innovation projects and 40 industrial property registration applications.  Polymers Biodegradability Recycling Hydrogen

In the textile and clothing sector, the aim is to develop new production processes for textile articles, “from bio-based raw materials, incorporating forest biomass (cellulose and lignin) and alternative natural fibres from the agri-food sector (fibres from pineapple and banana leaves, hemp, rice cane, among others)”.

The plan plans to contribute to 55 members per year joining the resin tappers programme and providing financial support for the improvement of 8,000 hectares of maritime pine woods with potential for resin tappers.

€150 mn in Portugal's recovery plan for textile, footwear, resin

-European Caprolactam Market

ICIS market analyst Valentina Cherubin discusses the evolution of European Caprolactam market  Polymers Biodegradability Recycling Hydrogen

    • European caprolactam supply struggled during throughout 2020
    • Caprolactam supply outlook for Europe looks optimistic for Q1 2021
    • Strong European caprolactam demand expected in Q1 2021

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Polymers Biodegradability Recycling Hydrogen

Polymers Biodegradability CrudeOil PETBottle 20-02-2021