Sustainable packaging Plastic clothing PET VSF composite LatAm GDP 30-12-2021

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

-Sustainable food packaging that keeps harmful microorganisms away

In the experiment, strawberries in a package developed by NTU-Harvard remained fresh for 7 days before mold developed, while strawberries in mainstream fruit plastic boxes remained fresh for 4 days. was.Credit: Nanyang Technological University

A team of scientists from Nanyang Technological University in Singapore (NTU Singapore) and Harvard TH Chang School of Public Health in the United States have developed a “smart” food packaging material that is biodegradable, sustainable and kills harmful microorganisms to the human body. .. You can also extend the shelf life of fresh fruits by 2-3 days.

Water resistant food packaging is made from a type of corn protein called zein, starch, and other naturally occurring biopolymers, infused with a cocktail of natural antibacterial compounds (see video). These include oil from thyme, a common herb used in cooking, and citric acid commonly found in citrus fruits.

In laboratory experiments, when exposed to increased humidity or enzymes Harmful bacteriaThe fiber in the package has been shown to release natural antibacterial compounds and kill common dangerous bacteria and fungi that contaminate foods such as E. coli and Listeria. Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

The package is designed to release the required trace amounts of antibacterial compounds only in response to additional humidity or the presence of bacteria. This allows the package to withstand several exposures and is guaranteed to last for months.

The compound is not only on the surface of the package, but also on the surface of the package. Food As such, it has the potential to be used in a variety of products, including ready-to-eat foods, raw meat, fruits and vegetables.

In the experiment, the strawberries wrapped in the package remained fresh for 7 days before the mold developed, while the strawberries in the mainstream fruit plastic boxes were only fresh for 4 days.

The invention is the result of collaboration by scientists at the NTU-Harvard TH Chan School (NTU-Harvard Sus Nano), a public health initiative for sustainable nanotechnology, bringing together researchers from NTU and Harvard Chan School. Foods focused on agriculture and the development of non-toxic and environmentally safe nanomaterials.

The development of this advanced food packaging material is a sustainable food technology solution in line with the NTU 2025 Strategic Plan aimed at developing sustainable solutions to address some of the pressing challenges of mankind. Is part of the university’s efforts to promote.

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

-This company has a way to replace plastic in clothing

Luke Havelhals wants Change how to make yoga pants. Most performance fabrics used in athletic clothing such as spandex are made from synthetic fibers, which are essentially plastic. These plastics are problematic for humans and the environment. Natural Fiber Welding, a company of Haverhals, offers alternatives to synthetic fibers.

NFW manufactures a performance cotton textile called Clarus that can be used on clothing. The fabric is made of cotton that has been treated to partially decompose organic material to make it stronger and denser. The result is a cotton thread that behaves like a synthetic fiber.

When asked if his company was a tech company or a textile company, Havelhals replied without hesitation. “We are a technology company … but our first focus is on textiles.”  Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Haverhals received his PhD in Chemistry and took up a teaching position at the Navy School in 2008. So he worked with a team of chemists and materials scientists to study ionic liquids, which are essentially molten salts. These salts usually remain liquid at room temperature and can be used as a solvent to break down biomass such as cotton and cellulose. In 2009, funded by the Air Force’s Office of Scientific Research and Development, the team made great strides in using ionic liquids to fortify natural fibers.

The team asked what would happen if the natural fibers were partially decomposed and then welded or fused together. The result is a kind of monofilament cotton. The length of the original fiber may be only a few centimeters, but the partially melted and fused fibers can be much longer. This creates a stronger yarn that mimics the performance characteristics of synthetic fibers.

In 2016, Havelhals left the Navy School and founded NFW with a grant from the Department of Defense and a license from the Air Force, using a process that became known as “textile welding” for yarn and textiles. Manufactured. The company has eight patents worldwide and is applying for 90 patents.

Haverhals and NFW win praise from plastic critics, as well as marketing campaign critics who claim to have eliminated them. There is growing concern that plastic microfiber synthetic materials such as polyester will fall off each time the washing machine is turned. “I think he (Luke) is real. I don’t think there are many real people,” says Sian Sutherland, founder of APlastic Planet, a nonprofit organization that aims to eliminate the use of plastic. “This is not only about eradicating fossil fuels in the textile industry, but more than about toxins.”

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

-The Global Amorphous Polyethylene Terephthalate (PET) Market is expected to grow by $ 6.21 bn during 2021-2025, progressing at a CAGR of 5.96% during the forecast period

Global Amorphous Polyethylene Terephthalate (PET) Market 2021-2025 Technavio has been monitoring the amorphous polyethylene terephthalate (PET) market and it is poised to grow by $ 6.  Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Reportlinker.com announces the release of the report “Global Amorphous Polyethylene Terephthalate (PET) Market 2021-2025” –

21 bn during 2021-2025, progressing at a CAGR of 5.96% during the forecast period. Our report on the amorphous polyethylene terephthalate (PET) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing demand from carbonated soft drink (CSD) market and the growing demand of amorphous PET owing to its wide range of applications. In addition, increasing demand from carbonated soft drink (CSD) market is anticipated to boost the growth of the market as well.

The amorphous polyethylene terephthalate (PET) market analysis includes the application segment and geographic landscape.

The amorphous polyethylene terephthalate (PET) market is segmented as below:

This study identifies the increase in consumption of packaging materialas one of the prime reasons driving the amorphous polyethylene terephthalate (PET) market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on amorphous polyethylene terephthalate (pet) market covers the following areas:

  • Amorphous polyethylene terephthalate (PET) market sizing
  • Amorphous polyethylene terephthalate (PET) market forecast
  • Amorphous polyethylene terephthalate (PET) market industry analysis

This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading amorphous polyethylene terephthalate (PET) market vendors that include Alpek SAB de CV, Covestro AG, Dow Inc., Far Eastern New Century Corp., Indorama Ventures Public Co. Ltd., JBF Industries Ltd., Nan Ya Plastics Corp., NEo GROUP UAB, Plastiverd Pet Reciclado SA, and Polisan Hellas SA. Also, the amorphous polyethylene terephthalate (PET) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

The Global Amorphous Polyethylene Terephthalate (PET) Market is expected to grow by $ 6.21 bn during 2021-2025, progressing at a CAGR of 5.96% during the forecast period

-Time to purchase VSF when tumbling for the second time in Dec?

Large-scale VSF plants lowered prices for the second time in Dec on Friday, falling from 13,000yuan/mt to 12,200yuan/mt, which was as high as 14,200yuan/mt at the beginning of month.

New prices have attracted much attention and some downstream companies are considering about the necessity of procurement and the volume of building up stocks. According to the contacts with limited downstream buyers, the viewpoints are divided into two groups, with participant faction in the majority.

Viewpoint of participant faction:

  1. VSF is underpinned by cost. Pulp price declines slowly and chemicals rebound this week. According to CCFGroup’s data, the theoretical loss of VSF exceeds 1,000yuan/mt again.
  2. VSF has been traded in bulk in Fujian-based large-scale plant, which is almost true according to CCFGroup’s investigation and major producers will rarely publish lower prices before Chinese Lunar New Year at the end of Jan.
  3. Due to losses of VSF industry, other plants are less likely to announce much lower prices than the one released by major company on Friday and the cost of VSF plants in North China is hard to be lower than that of South China in winter.  Sustainable packaging Plastic clothing PET VSF composite LatAm GDP
  4. At present, VSF plants do not have high inventory and spinners are running well, so the influence will occur after Feb even if the Spring Festival is taken into account.
  5. Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

-Cobra International to showcase latest composite success stories and process technology developments at JEC Connect 2021

Cobra International, a manufacturer of advanced composite components for the watersports, automotive, industrial, marine and luxury accessories sectors, will present some of the company’s most recent composite application collaborations and process technology developments at the upcoming JEC Connect 2021 online event.

Covering a broad spectrum of composite markets, Cobra will showcase new automotive and watersport developments including the latest in electric surfboard technology, a recently commissioned prepreg compression moulding production expansion and the latest collaboration with BMW seeing carbon fibre parts supplied as factory options on the S 1000 RR superbike.

Large-Scale manufacturing platform for Radinn jetboards

Cobra recently announced its collaboration with Radinn to mass produce its new range of electric powered surfboards.

As some of the fastest jetboards on the market, each with market leading battery technology and high-performance water jets, the new Radinn boards provide a truly exhilarating experience. Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Using Radinn’s existing board technology, Cobra led the technical development of a new construction process using a lower density EPS foam core and moulded glassfibre skins, as well as providing a large-scale manufacturing platform. The new lighter weight construction, perfected by Cobra over many years, provided weight savings of around 25% whilst maintaining the durability required by riders.

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

-OUTLOOK ’22: Higher US interest rates, China slowdown weigh on LatAm GDP

Growth in the three largest economies in Latin America will slow markedly in the upcoming months – if they grow at all – as the countries struggle with high inflation and the prospects of a stronger dollar and slower growth in China.

Brazil is already in a technical recession after posting its second consecutive decline in GDP earlier in 2021.

Argentina will likely default on its loan from the International Monetary Fund (IMF) if it cannot negotiate new terms. Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

In South America, slower growth could become a reinforcing trend. Brazil and Argentina are members of the Mercosur trading bloc, and they rank among each other’s largest export markets. Slower growth in Argentina could drag down GDP in Brazil, and the same in Brazil could slow the economy in Argentina.

Mexico should resume its years-long trend of growth below 3%, a rate slower than that of the US, with which it has close economic ties.

The following table shows the forecasts for economic growth and inflation based on surveys conducted by the countries’ central banks. The central banks published the forecasts before the 15 December meeting by the Federal Reserve, the central bank of the US.

Brazil     Mexico Argentina

2021 GDP           4.65%    5.70%    9.7%

2022 GDP           0.50%    2.80%    2.5%

2023 GDP           1.90%    2.10%    2.1%

2021 Inflation   10.05%  7.22%    51.1%

2022 Inflation   5.02%    4.03%    52.1%

2023 Inflation   3.46%    3.60%    40.8%

Source: central banks

STRONGER DOLLAR

The US dollar is expected to strengthen further in 2022 because the Federal Reserve is tightening monetary policy to control inflation, which has consistently exceeded the central bank’s target of 2%.

The tightening campaign will take place in two stages. The central bank has already started the first phase, under which it is tapering its monthly purchases of Treasurys and mortgage-backed securities. On 15 December, it voted to speed up the pace of those reductions, advancing the timeline when it could start raising interest rates.

Federal Reserve board members and bank presidents expect the central bank will raise rates three times in 2022, raising it to nearly 1% from close to zero.

The federal-funds rate acts as a benchmark, so other interest rates will also rise.

The rise in rates will have a cascading effect on the global economy. Higher US interest rates will attract money into the country, increasing the value of the dollar against other currencies. Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

WEAKER CURRENCIES

The currencies of the Brazil real and Mexican peso and the Argentine peso have all weakened against the dollar during 2021, as shown in the following table. The Argentine figures represent the official exchange rate.

Exchange Rates Brazil reis (R)     Mexico peso (Ps)             Argentina peso (PS)

1-Jan-21              5.19        19.92     84.08

15-Dec-21           5.68        21.04     101.8

% Change           9.44%    5.62%    21.08%

Source: Xe

Economists expect exchange rates to continue weakening in 2022 with the exception of Brazil, as shown in the following table. The forecasts were made before the 15 December meeting by the US Federal Reserve.

OUTLOOK ’22: Higher US interest rates, China slowdown weigh on LatAm GDP

Sustainable packaging Plastic clothing PET VSF composite LatAm GDP

Plastic waste Single-use plastics 29-12-2021

Textile Effects Polyethylene Terephthalate 30-12-2021

Textile Effects Polyethylene Terephthalate

Crude Oil Prices Trend  

Crude Oil Prices Trend  Polyestertime

-Huntsman Announces Review of Strategic Options for Textile Effects and Compensation Plan Aligned with Financial Targets

Huntsman Corporation (NYSE: HUN) today announced two significant corporate initiatives: a review of strategic options for its Textile Effects Division and a multi-year compensation plan designed to align the incentives of the Company’s management team with the targets presented at the Company’s Investor Day in November.

Review of Strategic Alternatives for Textile Effects

The Huntsman Board of Directors has authorized management to conduct a strategic review of the Textile Effects Division, which is headquartered in Singapore, including a possible sale of the Division. The review will begin early in the first quarter of 2022.

“We have been transparent about our continued evaluation of divestment opportunities that are both in line with our strategic goals and in the best interests of our shareholders,” said Peter R. Huntsman, Chairman, President and CEO. “We believe now is the right time to explore options for Textile Effects. We expect that the division will generate close to $100 million of Adjusted EBITDA in 2021, recovering much of what was lost due to COVID-19. While its value-added portfolio of sustainable products is consistent with Huntsman’s strategic direction, there may well be an external party that recognizes the value of these extremely attractive assets and will be a better owner for them.”

Huntsman has not set a timetable or a deadline for the conclusion of its evaluation of strategic alternatives for the Textile Effects Division but plans to move expeditiously, and it does not intend to comment further unless and until the Board has approved a specific course of action or the Company has otherwise determined that further disclosure is appropriate or required by law.

Compensation Plan Aligned with Investor Day Targets

The Board of Directors also authorized management of the Company to implement a multi-year compensation plan for all Officers and Vice Presidents designed to align with the interests of all shareholders and with the targets presented at the Company’s Investor Day in November.

A significant majority of the plan participants’ equity incentives will be performance-based and tied to relative Total Shareholder Return and Free Cash Flow measures. In addition, the entirety of the Company’s incentive cash bonus program will be linked to the achievement of the Adjusted EBITDA margin, Optimization Program and Free Cash Flow targets set out at the Investor Day. Each of these targets builds on a multi-year effort to improve upon the Company’s 2021 performance.

Mr. Huntsman continued, “Consistent with the guidance we gave on Investor Day, we are committed to improving upon the strongest profit and margin performance for our current portfolio of businesses. We believe these changes to our compensation plan will enhance our culture of accountability and effectively incentivize our management team to deliver on our Investor Day commitments and generate enhanced shareholder value.”

Huntsman Announces Review of Strategic Options for Textile Effects and Compensation Plan Aligned with Financial Targets

-TechNova presents Jingwei’s digital cutting table

Engaged traffic at TechNova’s stand at PackPlus 21

Mumbai-headquartered TechNova Imaging Systems, recognized as one of the leading providers of digital and analog imaging consumables, has in recent years also sold hardware such as computer to plate (CtP) devices and sample making tables. The company has always had an eye on the relevance of digital and sustainable solutions as a leading supplier of integrated solutions, hardware, consumables, and services. It has kept expanding its reach further in imaging – to the print, publishing, packaging, textile, engineering, signage, and photo industries.

This year, TechNova known for its technology and knowledge sharing on the shop floor with its customers completed its 50 years in the graphic industry. Packaging South Asia met with Ekta P Mhatre, the company’s manager-product marketing at its stand at the recent PackPlus exhibition in the Delhi NCR. The company’s digital print finishing devices and a digital cutting table from Jingwei were shown on its stand there. Textile Effects Polyethylene Terephthalate

Speaking with Mhatre about the trade show, we realized that it was the company’s first participation in any event after the Covid-19 pandemic almost 22 months ago. Speaking about the positive response from customers, she explained to us how the printing and packaging industries have grown and constructively utilized their time during the Covid-19 period. “The Indian market is opening up as hoped, and things are getting back to normal. We’re pleased to be a part of PackPlus 2021, as it is our first public appearance since Covid-19,” she said.

TechNova’s Go Green Mission

TechNova is committed to helping the printing and packaging industry adopt eco-friendly solutions, reduce its carbon footprint, and to eliminate waste while facilitating sustainable growth. In the conversation on sustainability, Mhatre mentioned, “We are taking further footsteps in our green initiative and trying to be greener. In drupa also, there was a big hype about sustainability and industry 4.0, so, I think this is the right way to go ahead for a better future. In packaging, any growing company should develop and work towards sustainable applications, and then only will it be easier to survive in the future. So, everyone should work on the sustainability part.”

Mhatre concluded our conversation by speaking about the company’s expansion, “Right now, we are working on our current portfolio and trying to tie up with many companies for digital postpress. Textile Effects Polyethylene Terephthalate

We were always there for the last 50 years in the conventional offset and packaging setup. Currently, we are working with Konica Minolta, Duplo, and Jingwei devices to cover the entire area of digital graphics. I think this is a good time to move ahead, and very soon, you will get big news from TechNova regarding its innovation.”

Textile Effects Polyethylene Terephthalate

Huntsman Announces Review of Strategic Options for Textile Effects and Compensation Plan Aligned with Financial Targets

TechNova presents Jingwei’s digital cutting table

Sustainable food packaging that keeps harmful microorganisms away

-This company has a way to replace plastic in clothing

-The Global Amorphous Polyethylene Terephthalate (PET) Market is expected to grow by $ 6.21 bn during 2021-2025, progressing at a CAGR of 5.96% during the forecast period

-Time to purchase VSF when tumbling for the second time in Dec?

-Cobra International to showcase latest composite success stories and process technology developments at JEC Connect 2021

-OUTLOOK ’22: Higher US interest rates, China slowdown weigh on LatAm GDP

Textile Effects Polyethylene Terephthalate

Plastic waste Single-use plastics 29-12-2021