Plastic-recycling – ABS-Eu-Prices 18-04-2022

Plastic-recycling – ABS-Eu-Prices

-Nestle, Danone, Unilever and PepsiCo agree on plastic chemical recycling principles

A clutch of the world’s largest consumer goods companies, including Mars, Nestle, Danone and Unilever, have united behind a set of principles for safe and environmentally responsible chemical recycling of plastic waste, arguing that such methods have a role to play in combatting the global plastics pollution crisis.

A position paper published by the 16 firms which make up the Consumer Goods Forum Plastic Waste Coalition concludes that chemical recycling could increase packaging recycling rates and deliver progress towards recycling targets, in particular for plastics that can’t be mechanically recycled, such as post-consumer flexible film.

But it notes that for chemical recycling to be credible, technologies must meet certain conditions around material traceability, process yields, environmental impact, and the extent to which they complement existing mechanical recycling approaches.

The Coalition brings together many of the corporate world’s most prolific plastic consumers, including PepsiCo, GSK, Colgate-Palmolive and Proctor & Gamble (P&G), which are under growing pressure to reduce their consumption of the fossil fuel-derived material, and ensure the packaging they do use is recycled instead of incinerated, causes pollution or dumped in landfill. Just last month, 175 national governments agreed to draw up a legally binding global treaty to combat plastic waste and pollution by 2024.  Plastic-recycling – ABS-Eu-Prices

Used in the right way as part of a holistic approach, chemical recycling can contribute to a world where no plastic ends up in nature.

Advocates of chemical recycling argue pyrolysis, gasification, and solvent-based extraction technologies could help to reduce demand for virgin, fossil-based plastic and provide alternative waste management systems where mechanical recycling is impossible.

Plastic-recycling - ABS-Eu-Prices

-Consumer Goods Forum weighs in on new plastic recycling technologies

The CGF’s Coalition of Action on Plastic Waste has published an independent scientific study that it says demonstates that chemical recycling could reduce the climate impact of plastic compared with waste-to-energy incineration.

The Consumer Goods Forum’s (CGF) Plastic Waste Coalition of Action has published ” “Chemical Recycling in a Circular Economy for Plastics,,” a paper that encourages the development of new plastics recycling technologies that meet six key principles for credible, safe and environmentally sound development.

In support of this position paper, the coalition also has  an independent life cycle assessment (LCA) study that shows the chemical recycling of hard-to-recycle plastic could reduce the climate impact of plastic when compared with waste-to-energy incineration. Plastic-recycling – ABS-Eu-Prices

Guided by the global commitment led by the Ellen MacArthur Foundation, and in line with the newly announced UN Treaty on Plastic Pollution, the coalition says it is committed to the growth of the circular economy, having launched its full set of Golden Design Rules for plastic packaging and developing a framework for  extended producer responsibility (EPR) programs. The coalition says it also is working to encourage recycling innovation, including chemical recycling to complement the growing mechanical recycling capacity.

In the area of chemical recycling, the coalition says it has established a set of principles for the safe scaling of pyrolysis-based chemical recycling. According to the paper it has released, chemical recycling could increase packaging recycling rates, enabling recyclability targets to be met, specifically for hard-to-recycle plastics, such as postconsumer flexible film.

To ensure that chemical recycling is developed and operated under “credible, safe and environmentally sound conditions,” the paper outlines what the coalition says are six key principles related to the technology’s complementarity with mechanical recycling, material traceability, process yields and environmental impact, health and safety and claims. Plastic-recycling – ABS-Eu-Prices

CGF members say they welcome feedback and engagement on this study and its broader work within the Plastic Waste Coalition of Action.

Plastic-recycling - ABS-Eu-Prices

-Consumer Goods Forum weighs in on new plastic recycling technologies

Bridgestone Americas has partnered with carbon capture and transformation (CCT) company, LanzaTech NZ, Inc. (LanzaTech) to address end-of-life tire waste. The two companies will co-develop a dedicated end-of-life tire recycling process leveraging LanzaTech’s proprietary CCT technology, creating a pathway toward tire material circularity and the decarbonization of new tire production.

According to the Tire Industry Project operating under the umbrella of the World Business Council for Sustainable Development (WBCSD), more than one billion tires globally reach the end of their useful service life each year.

Bridgestone and LanzaTech will work to address this issue by converting end-of-life tires into new materials, including exploring processes to create sustainable synthetic rubber that does not rely on petrochemicals. Plastic-recycling – ABS-Eu-Prices

“We are excited to join forces with LanzaTech to co-create a more sustainable pathway for end-of-life tires,” said Paolo Ferrari, President & CEO of Bridgestone Americas. “The steps we take today are determining the health of our planet for future generations. We are determined to meet the moment with sustainable innovation that transforms the way tires are made and promotes end-to-end material circularity.”

“LanzaTech and Bridgestone are working together to find solutions to some of our world’s greatest challenges,” said Dr. Jennifer Holmgren, CEO at LanzaTech. “We have already proven that we can convert unrecyclable, unsorted municipal solid waste to ethanol and then make products we use in our daily lives. With our partnership with Bridgestone, we are developing a circular pathway to use tires to make tires.”

Bridgestone and LanzaTech seek to develop a new business model that will create a post-consumer waste management strategy for end-of-life tires, while also driving increased adoption of sustainably sourced chemicals for commercial applications. Applying LanzaTech’s carbon capture and gas fermentation process to end-of-life tires yields sustainably produced chemicals such as ethanol that can be converted to materials such as PET for packaging, polyester yarn and surfactants used in consumer home goods like laundry detergent.

In addition, Bridgestone and LanzaTech will jointly explore opportunities to co-develop proprietary microbe technology to produce more efficient pathways to produce butadiene, a key ingredient in new tire production, realizing true circularity for end-of-life tires. Plastic-recycling – ABS-Eu-Prices

Plastic-recycling - ABS-Eu-Prices

-ARC to research end-of-life EV processing, parts reuse, and recycling

The Automotive Recyclers of Canada (ARC) plans to create a roadmap for its members and the industry in preparation for the increased number of end-of-life electric vehicles (EVs) over the next three to five years.

The first part of the project will include research, gap analysis and an assessment for future work, such as sales, end-of-life estimates, and additional data required to fill in any identified gaps. Plastic-recycling – ABS-Eu-Prices

The analysis will also take into consideration the potential reuse of the entirety of EV parts, not just the battery.

Research and analysis conducted in Part One will aim to answer questions such as the metal content difference between EVs and ICE vehicles; which critical minerals are presently being used in EVs and what materials may require new approaches for end-of-life processing; which EV parts can be re-used, re-purposed, re-built and recycled, and by whom; how auto recyclers are currently managing EV parts and components, including advanced batteries and rare earth magnets; whether OEMs need to be involved in the management of EVs and the end-of-life; and many more.

Part Two will involve the development of a roadmap for the next three to five years, with the goal of helping the automotive recycling sector meet future needs for the management of end-of-life electric vehicles, including their batteries, in an economically feasible and environmentally sound manner. The aim of the roadmap is to guide and build capacity across Canada to address these challenges.

Where Part One of the work will establish a baseline, Part Two will focus on what can and should be done to address any noted obstacles, by who, when, and how. The roadmap will address both economic and environmental dimensions and consider how the gaps or challenges identified in Part One can be bridged.

“The project is about the entire EV–not just the battery–like so many other studies and efforts,” said Steve Fletcher, managing director of the Automotive Recyclers of Canada. “This way we can look at the vehicles holistically and separating parts from the vehicle makes that challenging.”  Plastic-recycling – ABS-Eu-Prices

Plastic-recycling - ABS-Eu-Prices

-Trinseo raises April prices for PC/ABS grades and MAGNUM ABS in Europe

Trinseo, a global materials company and manufacturer of plastics, latex binders, and synthetic rubber, and its affiliate companies in Europe, have announced a price increase for all PULSE polycarbonate (PC)/ acrylonitrile-butadiene-styrene (ABS) and for all MAGNUM ABS automotive market products in Europe, according to the company’s press release.  Plastic-recycling – ABS-Eu-Prices

Effective April 1, 2022, or as existing contract terms allow, the contract and spot prices for the products stated above rose as follows:

– PULSE PC/ABS resins – by EUR230 per metric ton;

– MAGNUM ABS resins – by EUR200 per metric ton.

Note: Utility surcharges are not included in the above price changes and are in addition to these amounts.

As MRC reported earlier, Trinseo last raised its prices for all PULSE PC/ABS grades and MAGNUM ABS products in Europe on January 1, 2022, by EUR200 per metric ton.

Trinseo raises April prices for PC/ABS grades and MAGNUM ABS in Europe

-Q1 spandex market revew and Q2 outlook

Supply of spandex turned to be longer in the first quarter of 2022 after being tight in 2021. Most spandex plants kept running at high capacity and new units successively started operation. Plastic-recycling – ABS-Eu-Prices

uying interest compared with the same period of last year. The divergence between supply and demand escalated in Q1 on spandex market. Price of spandex shivered weakly.

The spandex capacity has reached 1014.5kt/year at the end of first quarter in 2022, up by 4.1% on the quarter and 19.1% on the year respectively.

Price of spandex extended lower since Q4 2021 with cautious downstream procurement and increasing supply. Price of 20D and 30D was weak with inadequate downstream orders for spring and summer fabrics and meager cash flow. 35D-140D saw apparently shrinking cash flow and the cash flow narrowed to near the break-even line after price rapidly fell before the Lunar Chinese New Year holiday, while prices still inched down after holiday. Plastic-recycling – ABS-Eu-Prices

Prices of 35D and other coarse denier spandex slightly rallied in Mar after replenishment grew in end-Feb when dealers restocked and players expected spandex price to increase with the coming of traditional peak season.

Q1 spandex market revew and Q2 outlook

Plastic-recycling – ABS-Eu-Prices

Chemical-recycling – Flexible-R-LDPE-plant 16-04-2022

Recycled-Polyester – Petrochemical-plants 18-04-2022

Recycled-Polyester – Petrochemical-plants

Petrochemicals-prices – Recycled-Polyester 

Recycled-Polyester - Petrochemical-plants

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Ineos warns high energy costs threaten British manufacturing

UK petrochemicals group says regions such as US more attractive

Petrochemicals group Ineos has warned that British manufacturing is coming under threat from competing regions such as the US because of its higher energy costs.

Britain’s largest privately owned company said European chemical producers were suffering from gas prices that had hit seven times the levels paid by competitors in the US, where abundant shale supplies have fuelled a petrochemicals renaissance.

“It doesn’t take long before people cotton on and say we should produce [chemicals] in the Middle East and the US and import it into the UK,” said Tom Crotty, director at Ineos. “The longer [high energy costs] go on, the more risk you have to those assets and industry.  Recycled-Polyester – Petrochemical-plants

Higher natural gas prices for heavy industries such as chemicals, steel and glass have prompted Ineos to renew its push for the UK government to consider fracking to bolster domestic energy supplies.

Ineos, owned by Jim Ratcliffe, has a sprawling business spanning petrochemicals, refineries and oil and gas production, as well as consumer brands and sport. It runs the Grangemouth refinery and petrochemicals complex in Scotland, while it has invested £250mn to develop the extraction of UK shale gas to replace dwindling supplies from the North Sea.

Most European crackers — industrial facilities that break down hydrocarbons into chemicals — use naphtha, an oil-derived feedstock that has risen in price by as much as 35 per cent since the invasion of Ukraine. About 44 per cent of Europe’s naphtha imports came from Russia last year, according to Ajay Parmar, senior oil market analyst at ICIS, a commodity data business

Ineos’s strategy has been to shift its petrochemical plants in western Europe towards feedstocks of ethane, made from natural gas, which Crotty said it was still able to secure cheaply from the US.

Even so, the soaring energy costs to process it into ethylene, the building block for a vast range of chemicals and plastics, were limiting operations, with output down roughly 10 per cent, added Crotty.

“From an overall Ineos perspective, our petrochemical businesses are being really hard hit,” he said.  Recycled-Polyester – Petrochemical-plants

Crotty estimated that 1.2mn tonnes of annual ethylene production would shut down as a result of higher energy costs. ICIS estimates that Europe produces about 21mn tonnes of ethylene a year.

Ineos warns high energy costs threaten British manufacturing

Petrochemicals-prices – Recycled-Polyester 

Ineos warns high-energy-costs threaten British-manufacturing

Nestle, Danone, Unilever and PepsiCo agree on plastic-chemical-recycling-principles

Consumer-Goods-Forum weighs in on new plastic-recycling-technologies

Bridgestone-partners with LanzaTech to develop an end-of-life-tire-recycling-process

ARC to research end-of-life-EV-processing, parts reuse, and recycling

Trinseo raises April-prices-for-PC/ABS-grades and MAGNUM-ABS in Europe

Q1-spandex-market revew and Q2 outlook

Recycled-Polyester – Petrochemical-plants

Chemical-recycling – Flexible-R-LDPE-plant 16-04-2022

Petrochemicals-prices – Recycled-Polyester 18-04-2022

Petrochemicals-prices – Recycled-Polyester

Petrochemicals-prices - Recycled-Polyester

Polyestertime
ITEM 11/04/2022 18/04/2022 +/-
Bottle grade PET chips domestic market 8,100 yuan/ton 8,350 yuan/ton +250
Bottle grade PET chips export market 1,215 $/ton 1,235 $/ton +20
Filament grade Semidull chips domestic market 7,130 yuan/ton 7,300 yuan/ton +170
Filament grade Bright chips domestic market 7,450 yuan/ton 7,600 yuan/ton +150
Pure Terephthalic Acid PTA domestic market

Petrochemicals-prices – Recycled-Polyester

6,025 yuan/ton 6,250 yuan/ton +225
Pure Terephthalic Acid PTA export market 990 $/ton 1,030 $/ton +40
Monoethyleneglycol MEG domestic market 4,820 yuan/ton 4,840 yuan/ton +20
Monoethyleneglycol MEG export market 643 $/ton 645 $/ton +2
Paraxylene PX FOB  Taiwan market 1,161 $/ton 1,201 $/ton +40
Paraxylene PX FOB  Korea market 1,141 $/ton 1,181 $/ton +40
Paraxylene PX FOB EU market 1,268 $/ton 1,311 $/ton +43
Polyester filament POY 150D/48F domestic market 7,700 yuan/ton 7,950 yuan/ton
+250
Recycled Polyester filament POY  domestic market 7,450 yuan/ton 7,500 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 9,300 yuan/ton 9,500 yuan/ton +200
Polyester filament FDY 68D24F 8,800 yuan/ton 9,150 yuan/ton +350
Polyester filament FDY 150D/96F domestic market 8,250 yuan/ton 8,600 yuan/ton +350
Polyester staple fiber 1.4D 38mm domestic market 7,720 yuan/ton 8,000 yuan/ton +280
Caprolactam CPL domestic market 13,750 yuan/ton 13,800 yuan/ton
+50
Caprolactam CPL overseas  market 2,250 $/ton 2,250 $/ton
Nylon6 chips overseas  market 2,500 $/ton 2,500 $/ton
Nylon6 chips conventional spinning domestic  market 14,800 yuan/ton 14,750 yuan/ton -50
Nylon6 chips  high speed spinning domestic  market 14,800 yuan/ton 14,950 yuan/ton +150
Nylon 6.6 chips domestic  market

Petrochemicals-prices – Recycled-Polyester

28,000 yuan/ton 28,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,150 yuan/ton 17,350 yuan/ton +200
Nylon6 Filament DTY 70D/24F domestic  market 19,700 yuan/ton 19,850 yuan/ton- +150
Nylon6 Filament FDY  70D/24F  18,200 yuan/ton 18,300 yuan/ton +100
Spandex 20D  domestic  market 70,500 yuan/ton 70,000 yuan/ton -500
Spandex 30D  domestic  market 61,000 yuan/ton 60,500 yuan/ton -500
Spandex 40D  domestic  market 51,500 yuan/ton 51,000 yuan/ton -500
Adipic Acid domestic market 12,350 yuan/ton 12,100 yuan/ton -250
Benzene domestic market 8,440 yuan/ton 8,390 yuan/ton -50
Benzene overseas  market 1,151 $/ton 1,150 $/ton -1
Ethylene South East market 1,400 $/ton 1,360 $/ton -40
Ethylene NWE  market 1,530 $/ton 1,535 $/ton +5
Acrylonitrile ACN  domestic market 11,900 yuan/ton 11,500 yuan/ton -400
Acrylonitrile ACN  overseas market

Petrochemicals-prices – Recycled-Polyester

1,950 $/ton 1,950 $/ton
Acrylic staple fiber ASF  domestic market 18,500 yuan/ton 18,500 yuan/ton
Viscose Staple Fiber VSF  domestic market 14,100 yuan/ton 14,100 yuan/ton
PP Powder domestic market
9,680 yuan/ton 9,900 yuan/ton +220
Naphtha overseas market  888 $/ton 943 $/ton
+55
Phenol domestic market 10,580 yuan/ton 10,200 yuan/ton -380

Petrochemicals-prices – Recycled-Polyester