Petrochemicals PETResin R-PET Trend

Petrochemicals PETResin R-PET

Petrochemicals PETResin R-PET

 

Polyestertime
ITEM 03/05/2021 10/05/2021 +/-
Bottle grade PET chips domestic market 6,400 yuan/ton 6,450 yuan/ton +50
Bottle grade PET chips export market 950 $/ton 960 $/ton- +10
Filament grade Semidull chips domestic market 5,950 yuan/ton 6,050 yuan/ton +100
Filament grade Bright chips domestic market 6,100 yuan/ton 6,175 yuan/ton +75
Pure Terephthalic Acid PTA domestic market 4,750 yuan/ton 4,830 yuan/ton +80
Pure Terephthalic Acid PTA export market
Petrochemicals PETResin R-PET
670 $/ton 690 $/ton +20
Monoethyleneglycol MEG domestic market 4,710 yuan/ton 4,960 yuan/ton +250
Monoethyleneglycol MEG export market 610 $/ton 645 $/ton- +35
Paraxylene PX FOB  Taiwan market 876 $/ton 878 $/ton +2
Paraxylene PX FOB  Korea market 858 $/ton 860 $/ton +2
Paraxylene PX FOB EU market

Petrochemicals PETResin R-PETT

872 $/ton 885 $/ton +13
Polyester filament POY 150D/48F domestic market 7,475 yuan/ton 7,550 yuan/ton
+75
Recycled Polyester filament POY  domestic market 6,500 yuan/ton 6,650 yuan/ton +150
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 8,900 yuan/ton
Polyester filament FDY 68D24F domestic market 8,400 yuan/ton 8.400 yuan/ton
Polyester filament FDY 150D/96F domestic market
Petrochemicals PETResin R-PET
7,575 yuan/ton 7,600 yuan/ton +25
Polyester staple fiber 1.4D 38mm domestic market 6,950 yuan/ton 7,050 yuan/ton +100
Caprolactam CPL domestic market 13,300 yuan/ton 13,700 yuan/ton
+400
Caprolactam CPL overseas  market 1,970 $/ton 2,020 $/ton +50
Nylon6 chips overseas  market 2,180 $/ton 2,320 $/ton +140
Nylon6 chips conventional spinning domestic  market 13,900 yuan/ton 14,600 yuan/ton +700
Nylon6 chips  high speed spinning domestic  market 14,500 yuan/ton 15,000 yuan/ton +500
Nylon 6.6 chips domestic  market 41,500 yuan/ton 41,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market

Petrochemicals PETResin R-PET

16,800 yuan/ton 17,000 yuan/ton +200
Nylon6 Filament DTY 70D/24F domestic  market 19,600 yuan/ton 19,850 yuan/ton +250
Nylon6 Filament FDY  70D/24F  domestic  market 17,950 yuan/ton 18,300 yuan/ton +350
Spandex 20D  domestic  market 83,000 yuan/ton 85,000 yuan/ton +2,000
Spandex 30D  domestic  market 73,000 yuan/ton 73,000 yuan/ton
Spandex 40D  domestic  market 63,000 yuan/ton 63,000 yuan/ton
Adipic Acid domestic market 10,400 yuan/ton 10,300 yuan/ton -100
Benzene domestic market 7,400 yuan/ton 7,850 yuan/ton +450
Benzene overseas  market 956 $/ton 1,060 $/ton
+104
Ethylene South East market 1,050 $/ton 1,050 $/ton
Ethylene NWE  market

Petrochemicals PETResin R-PET

1,214 $/ton 1,277 $/ton +63
Acrylonitrile ACN  domestic market 14,400 yuan/ton 13,800 yuan/ton -600
Acrylonitrile ACN  overseas market 2,500 $/ton 2,400 $/ton -100
Acrylic staple fiber ASF  domestic market 20,000 yuan/ton 17,500 yuan/ton -2,500
Viscose Staple Fiber VSF  domestic market 14,200 yuan/ton 14,000 yuan/ton -200
PP Powder domestic Petrochemicals PETResin R-PET
8,400 yuan/ton 8,580 yuan/ton +180
Naphtha overseas market  591 $/ton  601 $/ton
+10
Phenol domestic market 8,920 yuan/ton 9,380 yuan/ton +460

Petrochemicals PETResin R-PET

Polypropylene Resinprices Petrochemicals 10-05-2021

Polypropylene Resinprices Petrochemicals

Petrochemicals PETResin R-PET Trend

Polypropylene Resinprices Petrochemicals

Crude Oil Prices Trend

Crude Oil Prices Trend  Polyestertime

-Hydrogen-Powered Cars Could Be More Competitive in the Future

Hydrogen fuel cell vehicles are gaining some traction as automakers and governments plot the demise of the internal combustion engine, but the technology still has many speed bumps to overcome.

The power plants in vehicles that use hydrogen fuel for power can operate in two ways — by converting the chemical energy of hydrogen to mechanical energy either by burning hydrogen in an internal combustion engine or by means of electrochemical reactions.

In the latter case, a fuel — typically hydrogen — is combined with the oxygen in the air to produce energy to power an electric motor.

The only emissions are “harmless water vapor as a byproduct,” said Popular Mechanics in a recent article. While water vapor may seem harmless compared with other types of emissions, it is worth noting that water vapor is the largest greenhouse gas (GHG) in the atmosphere, representing about 72% of GHG.

Polypropylene Resinprices Petrochemicals

-LyondellBasell starts commercial production of polymers using raw material derived from plastic waste

LyondellBasell today announced another step towards its ambition to advance the circular economy by making virgin quality polymers from raw materials derived from plastic waste at its Wesseling, Germany, site.

Produced by the thermal conversion of plastic waste, this raw material is converted into ethylene and propylene in the LyondellBasell production facilities, and then processed into polypropylene (PP) and polyethylene (PE) in the downstream units for plastics production. Polypropylene Resinprices Petrochemicals

The first use of raw material derived from plastic waste follows the company’s successful production of plastic materials made from renewable-based raw materials such as used cooking oil, which helps to reduce CO2 over the product life cycle and reduce the use of fossil-based raw materials.

Polypropylene Resinprices Petrochemicals

-Textile Exchange and Fashion Industry Charter for Climate Action launch the 2025 Recycled Polyester Challenge, a joint industry initiative

Textile and apparel brands are invited to take climate action by joining the 85 brands and suppliers committed to replace their use of virgin polyester with recycled polyester to ultimately shift global volume from an average of 14% to 45% by 2025.

Textile Exchange and the Fashion Industry Charter for Climate Action, convened by UN Climate Change, have launched a joint initiative to spur further a shift in the market towards the uptake of recycled polyester (rPET) and the associated reduction in greenhouse gases (GHGs). Polypropylene Resinprices Petrochemicals

With 85 brands and suppliers already committed, the 2025 Recycled Polyester Challenge serves as an essential catalyst for change in the apparel and textile industry. The rPET Challenge petitions the apparel industry to commit to increasing the global percentage of recycled polyester from 14% to 45% at 17.1 million metric tons by 2025. The Challenge continues the successful acceleration that began with Textile Exchange’s 2017 Recycled Polyester Commitment.

The 2025 Recycled Polyester Challenge asks brands to commit to the most ambitious uptake target possible. High percentage rPET commitments from brands are essential to reaching the 2025 45% recycled volume target and for building critical mass to reach an absolute 90% recycled volume share by 2030.

Polypropylene Resinprices Petrochemicals

-DSM expands Dyneema® fabric offerings through Premium Manufacturing Partnerships with global fabric mills

Royal DSM, a global science-based company in Nutrition, Health and Sustainable Living, today announced an exclusive partnership with seven Premium Manufacturing Partners (PMPs) to help expand its Dyneema® fabric offerings.

DSM has enjoyed a long and successful relationship with all of the newly appointed PMPs; including, Hwa Sung International in South Korea, IBQ Fabrics in Spain, Naveena Denim in Pakistan, Feinjersey Group in Austria, VDS Weaving in Belgium, Fuchshuber Techno-Tex in Germany and Gayon in China.

Each of the fabric mills selected met specific criteria related to quality, manufacturing, innovation and processing know-how of both Dyneema® fiber and fabric. Polypropylene Resinprices Petrochemicals

Polypropylene Resinprices Petrochemicals

-Trinseo to build commercial PS recycling plant in Belgium

The story below was our most read article in the last 12 hours.

Trinseo will build a full commercial scale polystyrene (PS) recycling plant in Tessenderlo, Belgium that is expected to be operation in 2023.

The company will use depolymerisation which breaks down polymers into their precursors to chemically recycle the material. The recycled PS will have identical properties with virgin PS. Polypropylene Resinprices Petrochemicals

Trinseo is currently working in partnership with Germany’s INEOS Styrolution, and UK-based Recycling Technologies to build a pilot PS plant in the UK in 2022.

INEOS Styrolution also plans to build its own full commercial scale recycling facility in Wingles, France.

Each plant would aim to convert 15,000 tonnes/year of PS waste into recycled styrene.

Trinseo to build commercial PS recycling plant in Belgium

-Polypropylene: Is chemical recycling a silver bullet?

The prices for polypropylene and polyethylene feedstocks for nonwovens have been at record highs in the first months of 2021, following unprecedented volatility in 2020. Polypropylene Resinprices Petrochemicals

In his keynote speech at the recent EDANA Outlook virtual conference, Kaushik Mitra, executive director of Düsseldorf-headquartered consultancy IHS Markit, explained that while the Covid-19 pandemic led to unprecedented demand for health, hygiene and medical products, demand from the automotive industry, construction and other durable markets for polypropylene (PP) and polyethylene (PE) was deeply impacted.

“Oil prices collapsed last year in the USA and Middle East and polymer prices followed,” Mitra said. “There was a sharp reduction in imports and recycling became uncompetitive, leading to many manufacturers switching to virgin resin. In the USA, many resin and fibre producers cut back production due to the pandemic and several plant start-ups were delayed for three-to-six months. In Europe the refineries cut back on oil production due to the low demand for fuel, leading to a tight supply for propylene.”

Polypropylene: Is chemical recycling a silver bullet?

-Vietnam to need 80,000 tonnes of biodegradable plastics annually by 2025

The demand for biodegradable plastics in Vietnam is projected to reach 80,000 tonnes annually by 2025, according to Associate Prof. Dr. Le Hung Anh, Director of the Institute of Environmental Science, Engineering and Management.

At a recent workshop on biodegradable plastic production and consumption held by the Ministry of Natural Resources and Environment in Ho Chi Minh City, Anh said the growth orientation of Vietnam’s plastics sector now focuses on effectiveness and sustainability.

Companies like An Phat Bioplastics, Biostarch, and the Phu My Plastic Production JSC have successfully developed technologies for making biodegradable plastic bags, gloves, knives, forks, and straws, among others, for consumption domestically and internationally. Polypropylene Resinprices Petrochemicals

Vietnam to need 80,000 tonnes of biodegradable plastics annually by 2025

-Good Natured Products acquires Illinois-based sheet maker Ex-Tech Plastics

The deal is the Vancouver-based bioplastics maker’s third acquisition in just over a year.

Vancouver-based bioplastics maker Good Natured Products Inc. is acquiring Ex-Tech Plastics Inc., an extruder of rigid plastic sheets headquartered in Richmond, Ill., for US$14.1 million.

The deal includes all of Ex-Tech’s operating assets along with real estate owned by a related company, ETP Inc.  Polypropylene Resinprices Petrochemicals

Founded in 1982, Ex-Tech operates seven different extrusion lines in a dedicated 75,000-square-foot facility, and serves the retail, food, and medical packaging sectors. Its customers are primarily located in the midwestern and southwestern U.S.

Good Natured Products acquires Illinois-based sheet maker Ex-Tech Plastics

-Breakthrough in Degradable Plastic

Curbing ​plastic ​pollution is ​one of the ​crucial ​environmental ​challenges that ​humanity is ​facing. Over ​the last ​several years, ​more focus has ​been given ​to ​compostable ​and biodegradable ​plastics but ​these require ​specific ​processes to ​break down. ​Researchers ​have now ​announced a new ​approach to ​plastic that ​can almost ​completely ​biodegrade ​under ​conditions that ​can be much ​more easily ​achieved. ​

Reporting in Nature, scientists ​have embedded ​special ​molecules in ​plastic made of ​polylactic acid,​ or PLA, and ​polycaprolactone,​ or PCL. These ​are already ​commonly used ​in compostable ​plastic. Polypropylene Resinprices Petrochemicals

The ​special ​molecules used ​are enzymes ​that have the ​ability to ​degrade the ​plastic and ​turn it into ​lactic acid (​which can feed ​microbes in the ​soil) when the ​right ​conditions are ​met.

Breakthrough in Degradable Plastic

CrudeOil Resinprices Petrochemicals

PlasticRecycling Resinprices Biopolyamide 08-05-2021