Petrochemicals RPET Circular Economy 23-08-2021

Petrochemicals RPET Circular Economy

Petrochemicals ACN Polyethyleneterephthalate Trend

Petrochemicals RPET Circular Economy

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Commentary: Addressing plastics in the circular economy

Manufacturers and recyclers can move closer to achieving a circular economy for plastic scrap in several ways. Petrochemicals RPET Circular Economy

The circular economy can be defined as an ideal, zero-waste economy where the materials we use every day follow a closed-loop, circular journey that starts with manufacturing and utilization and then moves into reuse, repair, redistribute, refurbish, remanufacture and sometimes compost. With a circular economy, everything comes back and is used again in one form or another, minimizing or completely eliminating landfills and incineration.

The circular economy differs from the existing linear economy, where things are produced, used and then some things can be reused or recycled, but some things end up in the landfill, oceans or other places they don’t belong. Some types of plastics are especially problematic in terms of recycling, but increasingly, manufacturers are becoming more conscious of the materials they’re producing and using to ensure that they can either be recycled, reused or composted.

Addressing plastics in the circular economy

-Magna introduces new electric vehicle front end panel

The Mezzo panel integrates ADAS sensors and lighting and features hidden-until-lit functionality. Petrochemicals RPET Circular Economy

Canadian auto parts maker Magna International Inc. has introduced its new Mezzo panel technology, designed for electric vehicle front ends.

In a news release, Magna officials say the fully integrated Mezzo panel offers “a fresh canvas” for designers and an opportunity for engineers to integrate advanced driver assistance system (ADAS) capabilities like radar, cameras and lighting.

“We can essentially hand designers and engineers a paint brush to create adaptations of current vehicle designs or start fresh on a blank, customizable surface to redefine brands for future electric and autonomous vehicles,” said Brian Krull, global director of innovation for Magna’s Exteriors group.

Petrochemicals RPET Circular Economy

-New needlepunch plant for Precision

Precision Textiles, a supplier of coated fabrics, nonwovens and laminations for the bedding, automotive and healthcare industries, is expanding its capacity with the opening of a new needlepunch plant in North Carolina.

The new 160,000-square-foot facility, once a textiles production plant that serviced the automobile industry, will help the company serve its customer base in the high-growth mattress industry. Petrochemicals RPET Circular Economy

Represents Precision’s first domestic manufacturing facility outside its New Jersey headquarters, the plant will double its needlepunch nonwovens production and boost its high-loft quilting fibre output by 50%.

In addition to its production capacity, the facility includes warehousing space with the 100-person workforce including new employees as well as some experienced staff from the textiles company that previously operated the plant.

Petrochemicals RPET Circular Economy

-Plants: Toyo awarded contract for Prime’s PP plant

Faurecia to buy 60% of lighting firm Hella; deal worth EUR6.8 bn

Japanese engineering firm Toyo Engineering Corporation has been awarded a contract for a project to construct a polypropylene (PP) plant for Prime Polymer Co. As part of the deal, Toyo will carry out the EPC contract on a full turn-key basis that includes engineering, procurement, and construction. Petrochemicals RPET Circular Economy

Toyo will build the 200,000 tonnes/year capacity PP unit at Ichihara-shi site at Chiba. The unit is scheduled for start up in 2024.

Plants: Toyo awarded contract for Prime’s PP plant

-DGTR recommends anti-dumping duty on polyester yarn from China, Indonesia and Vietnam

The directorate is an investigative arm of the commerce ministry, which probes dumping of goods, a significant increase in imports and subsidised imports from India’s trade partners. Petrochemicals RPET Circular Economy

The commerce ministry’s investigative arm DGTR has recommended the imposition of anti-dumping duty on polyester yarn – used in making fabric for garments and home furnishing – from China, Indonesia, and Vietnam for five years, according to a notification.

The move is aimed at protecting domestic players in the sector against cheap imports from these countries.

The Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding its probe that imports of the yarn from these countries have been exported at dumped prices in India, which has impacted the domestic industry.

DGTR recommends anti-dumping duty on polyester yarn from China, Indonesia and Vietnam

-Inauguration of Plastics Recycling Association of Singapore (PRAS)

PRAS in partnership with HTP GmbH & Co and Aachen Germany is commencing the feasibility study of PET recycling plant in Singapore. PET is a large volume component of plastic waste in Singapore. Innovation is key to successful recycling of plastics. PRCOE (a subcommittee of PRAS) is envisioned to be a scientific knowledge and technology skills committee of PRAS and to be launched later as a R&D centre, for a range of plastics recycling strategies with desired sustainability credentials. PRCOE will co-learn from the leading centres around the world, and fast track and customise leading edge solutions to Singapore first and then to ASEAN as the companies foray into the region. Petrochemicals RPET Circular Economy

PRCOE signed a Memorandum of Understanding (MOU) with CHASE, Austria in the areas of digital twin technology, process intensification and circular process streams.

Petrochemicals RPET Circular Economy

-Alpla acquires packaging manufacturer Wolf Plastics

The deal will expand packaging supplier Alpla’s product portfolio in Central and Southeastern Europe.

In a move that expands its product portfolio in Central and Southeastern Europe, packaging supplier Alpla Group is purchasing the Wolf Plastics Group for an undisclosed amount.  Petrochemicals RPET Circular Economy

Headquartered in Kammern, Austria, Wolf also has production facilities in Hungary and Romania.

The Austrian and Romanian competition authorities are currently examining the proposal, Alpla officials said in a news release. Closure of the deal is subject to regulatory approval.

Alpla acquires packaging manufacturer Wolf Plastics

-FAKUMA 2021: Spotlight on high quality output and reliability for recycling specialist Lindner’s new PET hot-wash system and micromat premium shredder

Besides digitalisation and automation, the circular economy is a key topic in the plastics processing industry. Changing from a linear to a circular economy, the quality of the recycled material plays an increasingly important role. Lindner, one of the leading manufacturers of shredders, system solutions and industrial washing systems for plastics recycling, is taking on this challenge and will be presenting a new hot-wash system for recovering PET (polyethylene terephthalate) at Fakuma 2021, booth A6-6108. Equipped with the new hot-wash tower and the also new Lindner step dryer, the company is setting new standards in PET recycling. When shredding the plastic to be recovered, the focus of Lindner’s Micromat series is firmly on quality, reliability, robustness and experience. Petrochemicals RPET Circular Economy

The circular economy remains a hot topic. Sustainability, resource conservation and the reduction of the ecological footprint take centre stage and underline the necessity of recycling all kinds of plastics. In addition to efficiency and cost-effectiveness, the main challenge is to use a reliably functioning system that allows for a high degree of flake purity and therefore high-quality recyclate.

FAKUMA 2021: Spotlight on high quality output and reliability for recycling specialist Lindner’s new PET hot-wash system and micromat premium shredder

-Lanxess Develops Concept for Automotive Radar Sensors with Integrated Thermal Management

The combination of thermally conductive plastics with metallic cooling elements will benefit radar sensors that enable driver-assistance systems.

Thermoplastic high-performance polymer supplier Lanxess has developed a new concept for radar sensors with integrated thermal management that will benefit autonomous driving. Petrochemicals RPET Circular Economy

Though there is still some distance to go, driver-assistance systems are increasingly set to become a key feature of future generations of cars, and 360° monitoring of the vehicle’s surroundings is enabled by — among other things — radar waves. The radar sensors are an essential component for distance control, lane change monitoring, collision avoidance, and blind-spot monitoring systems.

The sensors must be dust- and water-proof and consequently are designed as fully enclosed systems. However, this makes it difficult for heat to be effectively dissipated from the inside, which, in turn, can impair the performance of the electronics and durability of the sensors. “This is why we developed a concept that allows heat to be dissipated by means of thermally conductive plastics in combination with metallic cooling elements,” says Gregor Jaschkewitz, application developer in the High Performance Materials (HPM) business unit at Lanxess. “The individual sensor components are assembled using integrated snap fits and hot rivets, a process that is much less costly and time-consuming than using screws.”

Lanxess Develops Concept for Automotive Radar Sensors with Integrated Thermal Management

Petrochemicals RPET Circular Economy

Petrochemicals RPET Expansion LDPE 21-08-2021

Petrochemicals ACN Polyethyleneterephthalate Trend

Petrochemicals ACN Polyethyleneterephthalate

Petrochemicals ACN Polyethyleneterephthalate

ITEM 16/08/2021 23/08/2021 +/-
Bottle grade PET chips domestic market 6,800 yuan/ton 6,750 yuan/ton -50
Bottle grade PET chips export market 980 $/ton 950 $/ton- -30
Filament grade Semidull chips domestic market 6,550 yuan/ton 6,350 yuan/ton -200
Filament grade Bright chips domestic market 6,650 yuan/ton 6,450 yuan/ton -200
Pure Terephthalic Acid PTA domestic market 5,190 yuan/ton 4,915 yuan/ton -275
Pure Terephthalic Acid PTA export market
Petrochemicals ACN Polyethyleneterephthalate
750 $/ton 710 $/ton -40
Monoethyleneglycol MEG domestic market 5,155 yuan/ton 5,065 yuan/ton -90
Monoethyleneglycol MEG export market 675 $/ton 648 $/ton- -27
Paraxylene PX FOB  Taiwan market 935 $/ton 876 $/ton -59
Paraxylene PX FOB  Korea market 916 $/ton 857 $/ton -59
Paraxylene PX FOB EU market

Petrochemicals ACN Polyethyleneterephthalate

898 $/ton 871 $/ton -27
Polyester filament POY 150D/48F domestic market 7,550 yuan/ton 7,400 yuan/ton
Recycled Polyester filament POY  domestic market 6,900 yuan/ton 6,850 yuan/ton -50
Polyester filament DTY 150D/48 F domestic market 9,200 yuan/ton 8,950 yuan/ton -250
Polyester filament FDY 68D24F domestic market 8,550 yuan/ton 8.400 yuan/ton -150
Polyester filament FDY 150D/96F domestic market
Petrochemicals ACN Polyethyleneterephthalate
7,550 yuan/ton 7,500 yuan/ton -50
Polyester staple fiber 1.4D 38mm domestic market 7,100 yuan/ton 7,050 yuan/ton -50
Caprolactam CPL domestic market 14,250 yuan/ton 14,200 yuan/ton
Caprolactam CPL overseas  market 2,020 $/ton 2,000 $/ton -20
Nylon6 chips overseas  market 2,300 $/ton 2,300 $/ton
Nylon6 chips conventional spinning domestic  market 14,900 yuan/ton 14,850 yuan/ton -50
Nylon6 chips  high speed spinning domestic  market 15,450 yuan/ton 15,400 yuan/ton -50
Nylon 6.6 chips domestic  market 38,300 yuan/ton 39,500 yuan/ton -1,200
Nylon6 Filament POY 86D/24F domestic  market

Petrochemicals ACN Polyethyleneterephthalate

17,700 yuan/ton 17,650 yuan/ton -50
Nylon6 Filament DTY 70D/24F domestic  market 20,300 yuan/ton 20,200 yuan/ton -100
Nylon6 Filament FDY  70D/24F  18,900 yuan/ton 18,800 yuan/ton -100
Spandex 20D  domestic  market 104.000 yuan/ton 104,000 yuan/ton
Spandex 30D  domestic  market 91,500 yuan/ton 91,500 yuan/ton
Spandex 40D  domestic  market 80,000 yuan/ton 80,000 yuan/ton
Adipic Acid domestic market 10,500 yuan/ton 10,400 yuan/ton -100
Benzene domestic market 7,510 yuan/ton 7,500 yuan/ton -10
Benzene overseas  market 979 $/ton 935 $/ton -44
Ethylene South 965 $/ton860 960 $/ton -5
Ethylene NWE  market

Petrochemicals ACN Polyethyleneterephthalate

1,265 $/ton 1,133 $/ton -132
Acrylonitrile ACN  domestic market 14,900 yuan/ton 14,900 yuan/ton
Acrylonitrile ACN  overseas market 2,100 $/ton 2,100 $/ton
Acrylic staple fiber ASF  domestic market 18,700 yuan/ton 18,700 yuan/ton-
Viscose Staple Fiber VSF  domestic market 12,850 yuan/ton 12,750 yuan/ton -100
PP Powder domestic Petrochemicals ACN Polyethyleneterephthalate
8,220 yuan/ton 8,170 yuan/ton -50
Naphtha overseas market  663 $/ton 607 $/ton
Phenol domestic market 8,840 yuan/ton 9,220 yuan/ton +380

Petrochemicals ACN Polyethyleneterephthalate