Petrochemicals Naphtha PolyesterDTY Trend

Petrochemicals Naphtha PolyesterDTY

Petrochemicals Naphtha PolyesterDTY

Polyestertime
ITEM 06/04/2021 12/04/2021 +/-
Bottle grade PET chips domestic market 6,650 yuan/ton 6,500 yuan/ton -100
Bottle grade PET chips export market 990 $/ton 980 $/ton- -10
Filament grade Semidull chips domestic market 6,000 yuan/ton 5,950 yuan/ton -50
Filament grade Bright chips domestic market 6,200 yuan/ton 6,100 yuan/ton -100
Pure Terephthalic Acid PTA domestic market 4,410 yuan/ton 4,320 yuan/ton -90
Pure Terephthalic Acid PTA export market
650 $/ton 650 $/ton
Monoethyleneglycol MEG domestic market 5,285 yuan/ton 5,085 yuan/ton -200
Monoethyleneglycol MEG export market 667 $/ton 645 $/ton- -22
Paraxylene PX FOB  Taiwan market 812 $/ton 804 $/ton -8
Paraxylene PX FOB  Korea market 794 $/ton 786 $/ton -8
Paraxylene PX FOB EU market

Petrochemicals Naphtha PolyesterDTY PA

836 $/ton 830 $/ton -6
Polyester filament POY 150D/48F domestic market 7,580 yuan/ton 7,350 yuan/ton
-230
Recycled Polyester filament POY  domestic market 6,950 yuan/ton 6,850 yuan/ton -100
Polyester filament DTY 150D/48 F domestic market 9,505 yuan/ton 8,950 yuan/ton +555
Polyester filament FDY 68D24F domestic market 8,600 yuan/ton 8.350 yuan/ton -250
Polyester filament FDY 150D/96F domestic market
Petrochemicals Naphtha PolyesterDTY PA
7,750 yuan/ton 7,525 yuan/ton -225
Polyester staple fiber 1.4D 38mm domestic market 7,000 yuan/ton 6,800 yuan/ton -200
Caprolactam CPL domestic market 13,000 yuan/ton 12,900 yuan/ton
-100
Caprolactam CPL overseas  market 1,950 $/ton 1,950 $/ton
Nylon6 chips overseas  market 2,150 $/ton 2,150 $/ton
Nylon6 chips conventional spinning domestic  market 13,450 yuan/ton 13,600 yuan/ton +150
Nylon6 chips  high speed spinning domestic  market 14,400 yuan/ton 14,400 yuan/ton
Nylon 6.6 chips domestic  market 43,300 yuan/ton 42,000 yuan/ton -1,300
Nylon6 Filament POY 86D/24F domestic  market

Petrochemicals Naphtha PolyesterDTY PA

16,500 yuan/ton 16,500 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 19,400 yuan/ton 19,400 yuan/ton
Nylon6 Filament FDY  70D/24F  domestic  market 17,800 yuan/ton 17,700 yuan/ton -100
Spandex 20D  domestic  market 80,500 yuan/ton 80,500 yuan/ton
Spandex 30D  domestic  market 73,500 yuan/ton 73,500 yuan/ton
Spandex 40D  domestic  market 63,500 yuan/ton 63,500 yuan/ton
Adipic Acid domestic market 10,900 yuan/ton 10,650 yuan/ton -250
Benzene domestic market 6,700 yuan/ton 6,540 yuan/ton -160
Benzene overseas  market 870 $/ton 862 $/ton
-8
Ethylene South East market 1,005 $/ton 1,015 $/ton +10
Ethylene NWE  market 1,227 $/ton 1,229 $/ton +2
Acrylonitrile ACN  domestic market 14,800 yuan/ton 13,800 yuan/ton -1,000
Acrylonitrile ACN  overseas market 2,600 $/ton 2,600 $/ton
Acrylic staple fiber ASF  domestic market 20,000 yuan/ton 20,000 yuan/ton
Viscose Staple Fiber VSF  domestic market 15,200 yuan/ton 14,800 yuan/ton -400
PP Powder domestic Petrochemicals Naphtha PolyesterDTY
8,000 yuan/ton 8,400 yuan/ton +400
Naphtha overseas market  571 $/ton 558 $/ton
-13
Phenol domestic market 8,540 yuan/ton 8,680 yuan/ton -40

Petrochemicals Naphtha PolyesterDTY

Petrochemicals PETBottle Biopolymers 12-04-2021

Petrochemicals PETBottle Biopolymers

Petrochemicals Naphtha PolyesterDTY Trend

Petrochemicals PETBottle Biopolymers

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Saudi wants OPEC+ to extend oil cuts into June, source says

After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts

Saudi Arabia is prepared to support extending oil cuts by OPEC and its allies into June and is also ready to prolong its own voluntary cuts to boost prices amid a new wave of coronavirus lockdowns, a source briefed on the matter said on Monday.

After steady oil price gains earlier this year, OPEC and its allies, known as OPEC+, had hoped to ease output cuts. Petrochemicals PETBottle Biopolymers

But a fresh wave of lockdowns to prevent a new surge in the virus has pushed oil off this year’s highs, and four OPEC+ sources told Reuters this would most likely encourage the group to extend cuts into May when it meets on Thursday.

-Saudi wants OPEC+ to extend oil cuts into June, source says

-Groundbreaking inauguration of recycling plant in Indonesia

Coca-Cola Amatil Indonesia (Amatil Indonesia) and Dynapack Asia announced the construction of a 20,000 square meter Polyethylene Terephthalate (PET) recycling facility located in Bekasi, West Java. The newest investment valued at AUD 50.51 million (IDR 556.2 billion) will enable the collaboration of Amatil Indonesia and Dynapack Asia to create a closed loop plastic packaging supply chain by producing food and beverage safe plastic pellets made from post-consumer plastic bottles.

During the groundbreaking ceremony, Amatil Indonesia dan Dynapack Asia introduced PT  Petrochemicals PETBottle Biopolymers

Amandina Bumi Nusantara and Mahija Parahita Nusantara with roles as:

  • PT Amandina Bumi Nusantara – the entity which will run that state-of-the-art rPET facility leading the transformation process of low-quality PET waste back to virgin-quality, food-grade PET using the latest renewable technology;
  • Mahija Parahita Nusantara – the non – profit foundation which will support collection centers management, ensuring the fulfillment of human rights and regulation in the waste collection supply chain, execute activities to improve the welfare of waste pickers and communities, as well as conducting research and development on recyclability improvement and other opportunities related to PET utilization and plastic collection.

Petrochemicals PETBottle Biopolymers

-Plants: Americhem opens US compounding facility

Americhem opens US compounding facility

US compounding firm Americhem recently opened its new plant expansion dedicated solely to clean compounding for medical device customers in Morrisville, PA.

This Americhem Engineered Compounds, or AEC, plant expansion includes the addition of an isolated 20,000 sq. ft. “Clean Compounding” room that will house six new compounding lines in the overall 60,000 sq ft expansion. The new clean environment and AEC Customer Design Center, coupled with Americhem’s existing ISO 13485 Certification, gives AEC unique capabilities to produce compounds that meet the most stringent medical device requirements. Petrochemicals PETBottle Biopolymers

“Our medical compounding process is performed in our GMP production area, which ensures that all of our medical grade polymers and compounds will be made to the highest quality standards. It is designed to minimize contamination due to airborne contaminant and other contamination, while producing compounds in a clean, well-lit environment,” states Jim Figaniak, VP & GM of Americhem Engineered Compounds.

Petrochemicals PETBottle Biopolymers

-Enviroo receives planning permission for first plant

Specialist PET (polyethylene terephthalate) recycler, Enviroo has had its planning application approved for its first plastic recycling facility in the UK. The facility will be able to re-use 100% of the PET it takes in and help recycle some of the 4.9 million tonnes of plastic waste created in the UK annually. Petrochemicals PETBottle Biopolymers

The successful application means the plastic recycling facility will be operational in Summer 2022 at Peel NRE’s 54-hectare strategic energy and resource hub, Protos, near Ellesmere Port, Cheshire. The facility will take PET – the main material used for food and drinks packaging such as plastic bottles and certain food packaging – and convert it into the raw material for new food-grade packaging. It will see an investment of around £20 million into the local economy and create 50 new, permanent jobs.

Enviroo will use proven technology to sort and wash the waste, before creating r-PET (recycled -PET) pellets that can be used by packaging manufacturers to create new packaging products. This technology is able to re-use 100% of the PET it takes in. This will become increasingly important from this time next year, when a new law will see any packaging that contains less than 30% recycled PET taxed. Some manufacturers have gone further, pledging to include up to 50% recycled material in their packaging under the UK Plastics Pact. The facility will therefore help to meet growing UK demand for recycled PET.

Petrochemicals PETBottle Biopolymers

-Food Containers Made Of Seaweed Aim To Replace Plastic And Reduce Pollution

Highlights

What’s unique about these takeout containers is that it’s completely biodegradable and compostable, unlike conventional takeout containers which not only have plastic lining to prevent it from getting drenched. Petrochemicals PETBottle Biopolymers

The use of seaweed enables Notpla’s implementation to be grease and water-resistant while also being naturally biodegradable.

To encourage the use of biodegradable takeout containers, UK’s takeout food app Just-Eat has run a campaign where it is testing these containers by Notpla across UK’s popular food chains

The takeout food delivery app is hoping this could prevent as many as 30,000 plastic coated containers from entering the waste this long weekend. Food Containers Made Of Seaweed Aim To Replace Plastic And Reduce Pollution

Takeout food trash amounts to nearly half of all municipal solid waste in the US, according to the US Environmental Protection Agency (EPA).

In 2014 alone, out of the 258 million tons of municipal solid waste generated in the US, over 63 percent was of packaging materials out of which only 35 percent (amounting to around 89 million tons) was recycled or composted.

Petrochemicals PETBottle Biopolymers

-Bio-based polymers and active coatings support greener food packaging

Inexpensive, fossil fuel-based coated plastics keep foods fresher and safer for consumption, but their detrimental impact on the environment may outweigh their benefits. EU-funded research has advanced bio-based alternatives leveraging microorganisms and natural metabolites. Petrochemicals PETBottle Biopolymers

Multilayer polymer food packaging is the industry standard, enabling multiple, necessary functionalities not present in any one alone. However, the multiple bonded layers that act as a barrier to oxygen and moisture are difficult to recycle, and the synthetic plastics are not biodegradable, creating a growing end-of-life problem.

Environmental concerns are shared by governments, industries and consumers, but finding recyclable and/or biodegradable monolayer alternatives with the same performance as conventional packaging has been quite challenging. With funding from the Bio-based Industries Joint Undertaking, a public-private partnership between the EU and industry, the ambitious REFUCOAT project brought together 12 multidisciplinary partners all along the value chain from 5 EU countries to address the problem.

REFUCOAT advanced the potential of two promising biodegradable biopolymers and also pushed the boundaries of what might be possible, demonstrating the use of bacteria-‘eating’ organisms (bacteriophages) in active coatings.

Bio-based polymers and active coatings support greener food packaging

-Will U.S. Shale Trigger Another Oil Price Crash?

A year after the pandemic and the disagreement within OPEC+ over supply management crushed oil prices, the industry finds itself at an all-too-familiar crossroads: Will OPEC’s bet that U.S. shale’s “drill, baby, drill” is gone forever be right this time?  Petrochemicals PETBottle Biopolymers

Analysts seem to concur that this is a safe bet, at least for this year, as U.S. shale overall will keep the promised spending discipline.

In a sign that spending beyond cash flows is a thing of the past, major listed producers now say that growing production for growth’s sake would be a big mistake. Instead, they have vowed to return more cash to shareholders.

U.S. oil production may never return to the weekly peaks of 13 million barrels per day (bpd) just before last year’s market crash.

But it is already steadying at around 11 million bpd, which is 1 million bpd above the May 2020 lows when producers curtailed output in response to impossibly low—and negative for a day—oil prices.

Will U.S. Shale Trigger Another Oil Price Crash?

-How plastic pollution threatens our health, food systems, and civilization itself

Plastic pollution is so pervasive that plants are uptaking microplastics through their roots  Petrochemicals PETBottle Biopolymers

One of the most memorable quotes from the classic 1967 film “The Graduate” turned out to be prophetic, too.

McGuire, a would-be mentor advising a young man about his future, was correct about the growth of the plastics industry, although perhaps not in the way he intended. Indeed, we have overproduced plastic on Earth, to the extent that it is clogging our oceans and waterways, squirreling itself into our food and fisheries, and poisoning our bodies. Climate change is often billed as the greatest existential threat to humanity — yet plastic pollution is equally horrific in its capacity to disrupt civilization.

Plastics are a relatively recent invention. When we think of “plastics,” what we’re really think of are synthetic polymers. Polymers are substances made from long chains of molecules — they can be found in nature, such as the cellulose in plants — and synthetic polymers are generally designed to be durable and flexible; hence why they are known as “plastic.”

How plastic pollution threatens our health, food systems, and civilization itself

-Hufschmied virtual masterclass demonstrates machining of carbon fiber winglet

Masterclass details how to efficiently manufacture demanding components from high-performance materials with a PPS CFRP winglet as an example.

Hufschmied Zerspanungssysteme GmbH’s (Bobingen, Germany) virtual masterclass, “Machining Thermoplastic Carbon Winglet,” held on Feb. 23, 2021, demonstrated the machining of a composite winglet carried out by CNC machine manufacturer Fehlmann AG Maschinenfabrik (Seon, Switzerland) and Ensinger Composites Schweiz GmbH (Otelfingen). Now, the demonstration video is available in English.

According to Hufschmied, in order to efficiently manufacture demanding components from high-performance materials, the machine, machining strategy and tool must be coordinated. Petrochemicals PETBottle Biopolymers

During the masterclass, Hufschmied, Ensinger and Fehlmann machined a carbon fiber-reinforced polyphenylene sulfide (PPS) TECATEC PPS CW50 PL winglet with complex free-form contours. The component was machined with Hufschmied’s Graftor tools, 065SMC drill milling cutter and FB162 drill on Fehlmann’s VERSA 645 linear five-axis high-performance milling center.

Hufschmied virtual masterclass demonstrates machining of carbon fiber winglet

Petrochemicals PETBottle Biopolymers

Polyesteryarn PETBottle Biopolymers 10-04-2021