Sustainable-plastics – Circular-Economy
LyondellBasell has agreed to sell its Australian polymer business, LyondellBasell Australia (LBA), to Viva Energy, said Chemengonline.
BA’s operations include polymer manufacturing and distribution at Viva’s Geelong refinery near Melbourne.
LBA’s Geelong plant is Australia’s only producer of polypropylene (PP). The refinery provides the propylene feedstock for PP.
“This acquisition is another step in the development of our Geelong Energy Hub and the further diversification of our commercial and industrial businesses,” Scott Wyatt, CEO of Viva Energy, said in announcing the deal this week.
The deal’s financial terms or the expected completion timeline were not disclosed.
As MRC wrote earlier, in July, 2021, Neste and LyondellBasell announced a long-term commercial agreement under which LyondellBasell will source Neste RE, a feedstock from Neste that has been produced from 100% renewable feedstock from bio-based sources, such as waste and residue oils and fats. This feedstock will be processed through the cracker at LyondellBasell’s Wesseling, Germany, plant into polymers and sold under the CirculenRenew brand name. Sustainable-plastics – Circular-Economy
Ethylene and propylene are the main feedstocks for the production of polyethylene (PE) and polypropylene (PP), respectively.
Combination of advanced recycling and purification technologies enable more efficient processing and reuse of hard-to-recycle plastic.Sustainable-plastics – Circular-Economy
Technip Energies and Alterra Energy (“Alterra”) today announced they have signed a global joint development and collaboration agreement to integrate Alterra’s commercially available liquefaction process technology with Technip Energies’ pyrolysis oil purification technology to maximize adoption of recycled feedstock and improve circular economy solutions for the global petrochemical industry.
Alterra provides an innovative, patented, thermochemical liquefaction, converting hard-to-recycle plastic into pyrolysis based oil (“PyOil”).
Technip Energies brings extensive knowledge of ethylene furnace and steam cracker design, preparation and purification of heavy feedstocks for refining and petrochemical facilities, all of which is combined in their Pure.rOil ™ purification technology ensuring safe, reliable and an optimized integration with individual crackers.
The combination of both companies’ solutions ensures Alterra’s recycled PyOil is drop-in ready feedstock to further accelerate the replacement of hydrocarbon-based oil with recycled feedstock in the production of new plastic-based materials.
Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity at Technip Energies said: “Technip Energies’ Pure.rOil ™, combined with Alterra’s experience and innovative advanced recycling solution, is helping create new pathways toward solving the plastic waste problem. This partnership with Alterra further strengthens our growing presence in the field of plastics recycling and circularity. ”
Frederic Schmuck, CEO of Alterra Energy, stated “Our partnership with Technip Energies allows us to offer a more holistic value proposition to our customers by ensuring that our recycled product can be utilized as a direct feed in the majority of existing chemical and petrochemical assets for the production of new plastics, thus closing the plastic recycling loop. To meet the growing demand for recycled content, Alterra will continue to forge partnerships and collaborations with innovative companies like Technip Energies to create a recycling ecosystem that’s as efficient and effective as possible.”Sustainable-plastics – Circular-Economy
Export shipments of refined terephthalic acid (PTA) from China to other global markets rose 32.4 percent in February from the same month a year earlier, ICIS said.
Thus, the export of material from China amounted to 260.35 thousand tons during the reporting period against 196.59 thousand tons in February 2021.
In relation to January 2022 (412.44 thousand tons), february exports of PTA from the country, on the contrary, showed a decrease of 36.9%Sustainable-plastics – Circular-Economy
Earlier it was noted that by the end of 2021, the export of material from China amounted to 2,575.53 thousand tons, while the main export destinations for December were countries such as India, Turkey and Pakistan.
PTA is one of the main raw materials for the production of polyethylene terephthalate (PET).
Among its many environmental impacts, it is estimated that the fashion industry uses about 10 percent of the water used by industry worldwide.
While some companies are tackling the negative impacts of the global fashion industry with the types of raw materials they use, and others are trying to overhaul one or more stages of the textile manufacturing process, Seattle-based Evrnu is creating systemic change. Sustainable-plastics – Circular-Economy
The company recently launched what it says is the world’s first high-performance recycling lyocell Material made from 100 percent textile waste.
Evrnu’s mission dates back to when its co-founder, Stacy Flynn, spent a month in China, where she noticed the impact of toxic sewage from textile factories on local communities. Founded by Flynn and Christopher Stanev, both former employees of well-known textile companies, Evrnu aims to tackle textile waste and pollution at large. With its textile technology system nucyclethe company says it can only make its NuCycl r lyocell fabric with Cotton textile waste as starting material.
The company’s manufacturing process begins with the sorting of textile waste, which is then shredded and finally cleaned. The recycled textile pulp is then converted into a highly durable “R-Lyocell” fiber through a closed-loop process. The final fiber, says Evrnu, is one of superior durability and can replace and even outperform new cellulosic and synthetic fabrics, which make up 90 percent of all current textile fibers.
Evrnu recently introduced this material with a t-shirt designed by Karl fields; In the past, the company has worked with brands such as Levi Strauss which explored the use of waste materials to make clothing.Sustainable-plastics – Circular-Economy
China’s polypropylene (PP) futures fell 1.5% on April 11, ICIS reported, citing data from the Dalyan Mercantile Exchange (DCE).
Thus, the PP futures for May 2022, the most actively traded on DCE, were at the level of CNY8,594 (USD1,349) per ton on April 11, which is CNY133 per ton below the approval level of the previous trading day.
According to DCE, about 2.05 million tons of PP were put up for sale on Friday for deliveries in May this year.Sustainable-plastics – Circular-Economy
PP futures in the country declined amid falling crude oil futures and weak demand in the downstream market caused by a rise in covid-19 cases in many cities in the country.
According to the ICIS-MRC Price Review, buying activity on spot last week was low. First, a serious increase in polypropylene prices has limited current purchases by some processors. Second, some sellers limit their PP sales on the spot, including due to preventive shutdowns and reduced load in some industries.
Dow plans to raise polyethylene (PE) prices by 7 cents per pound (USD154 per tonne) in the U.S. and Canada in May, the company said in a letter to its customers.
The letter added that the company will also implement the previously announced price increase of 7 cents per pound in April.
Domestic demand for PE is robust, although logistical difficulties affecting export sellers are leading to an increase in inventory levels.
According to MrC’s ScanPlast, by the end of 2021, the estimated consumption of POLYETHYLENE in Russia amounted to 2,487.45 thousand tons, which is 13% more than in the same period a year earlier. The supply of all types of ethylene polymers has increased.Sustainable-plastics – Circular-Economy
Sustainable-plastics – Circular-Economy