Bright-chips – Petrochemicals – PET-Bottles 27-06-2022

Bright-chips – Petrochemicals – PET-Bottles

-Filament-grade-Bright-chips – Petrochemicals

Bright-chips - Petrochemicals - PET-Bottles

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-New Name and Logo for PET producers’ European Trade Association

The Committee of PET Manufacturers in Europe (CPME), has announced its rebrand: PET Europe – Producers’ Association. The non-profit trade association represents PET resin producers and was founded in 2010. The new name and logo will strengthen awareness of the institutional role of the association and its geographical horizon of activity. It is intended to build PET’s equity and reputation, starting from sustainability and circular economy. Bright-chips – Petrochemicals – PET-Bottles

Chairman of PET Europe Antonello Ciotti said: “PET is a crucial material in our economies and society. Economic, flexible and light-weight, PET helps to prevent food waste and save energy. As a fully recyclable polymer, PET also contribute to the circular economy. By 2030, 9 out of 10 PET bottles will be collected for recycling in Europe, up from 6 out of 10 today.”

“The rebranding is the most visible sign of our development and growth. As a trade association, PET Europe addresses the issues impacting our industry, raising them with EU institutions and international organisations. PET Europe is an active member of Petcore Europe, our value-chain association.”

New Name and Logo for PET producers’ European Trade Association

-Versalis – ABS with bio-circular attribution
Versalis has introduced in the catalog new Sinkral Balance BCA grades from biobased raw materials or from chemical recycling attributed by means of ISCC Plus certified mass balance
Versalis continues with the introduction in the catalog of resins obtained from biobased raw materials or from chemical recycling, attributed through ISCC plus certified mass balance. Bright-chips – Petrochemicals – PET-Bottles
The benefit, in terms of a lower carbon footprint, is combined with a performance level equal to that of virgin resins, just as homologations and process conditions do not change.
The latest addition to the catalog concerns ABS, with Sinkral B432 / E Balance BCA65 and F332 Balance BCA65 grades.
BCA stands for Bio-Circular Attributed, where the share deriving from styrene, equal to 65%, is entirely attributed to bio-circular feedstocks. These grades are intended for applications where the technical and aesthetic requirements are high, such as in the case of footwear or furnishings, which are difficult to reach through mechanical recycling technologies. In these cases – says Versalis – the ideal solution for the decarbonisation of finished products is the use of feedstock of biological origin, in this case organic waste, traced and attributed to ABS Sinkral Balance polymers within the Versalis industrial chain through the system ISCC Plus certified.
The new grades are part of the Balance program, divided into the Bio Attributed (BA), Circular Attributed (CA) and Bio-Circular Attributed (BCA) lines, where feedstocks are attributed to the polymers from bionafta, from pyrolysis oil or both.

Versalis has already obtained the ISCC Plus certification in the Brindisi, Porto Marghera, Mantua, Ferrara and Ravenna sites for the production of monomers, intermediates, polymers and elastomers with biobased raw materials (bionafta) or from chemical recycling. Bright-chips – Petrochemicals – PET-Bottles

Bright-chips - Petrochemicals - PET-Bottles

-Chemical recycling via pyrolysis – closing the loop in the plastics industry

“Chemical recycling closes the loop for the plastics industry by re-converting plastic waste into its original components – potentially opening the door to a multibillion euro market.”

The plastics waste issue is a growing global problem. But while recent recycling initiatives show promising results, there are limits on what conventional recycling can achieve. In particular, the recycled materials produced are often of lower quality than non-recycled materials and therefore of limited use. Post-consumer plastics are also often difficult to treat at reasonable expense. And a significant stream of mixed plastics waste exists for which conventional recycling is simply not an option. Bright-chips – Petrochemicals – PET-Bottles

Pyrolysis – an established technology finds a new application

However, a partial solution to the problem may already exist. Pyrolysis is a well-known technology that is already established in certain applications, such as the production of charcoal. Its use in the treatment of plastic waste is still relatively new, but several pilot plants around the globe have successfully demonstrated the concept. It is particularly suitable for treating mixed plastic waste, and the circular products it produces – be they naphtha, distillates or waxes – come without any compromise in terms of quality or suitability for end-use applications.

Understanding the market

Existing pyrolysis plants currently have a processing capacity of just 20,000 metric tons of plastic waste per year. But a number of market players have announced the construction of new facilities over the coming five years that will have capacities of more than 200 kilotons each. Bright-chips – Petrochemicals – PET-Bottles

As pyrolysis replaces landfill and incineration, we calculate the potential addressable market value of mixed plastic pyrolysis in 2022 to be around EUR 5.6 billion. This figure will remain largely stable over the coming decade, even with higher rates of mechanical recycling. Products with a circular end-use, such as naphtha to produce circular plastics and waxes, are in high demand and can achieve a premium in the market.

Bright-chips - Petrochemicals - PET-Bottles

-Polyurethane Foam Using Microwaves

Mitsui Chemicals and Microwave Chemical aim to commercialize technology for decomposing offcuts of foam used to manufacture car seats and mattresses.

Mitsui Chemicals and Microwave Chemical have launched a new initiative aimed at commercializing chemical recycling of flexible polyurethane (PU) foam via microwave technology. Bright-chips – Petrochemicals – PET-Bottles

The project involves direct synthesis of PU raw materials by decomposing offcuts of the foam used to manufacture mattresses and similar items. Previously, the two firms had collaborated to develop recycling technology for automotive shredder residue (ASR). They are also working jointly to develop eco-friendly carbon-fiber manufacturing technology using microwaves.

Flexible polyurethane foam principally consists of polyols and isocyanates. Its softness and high resilience have led to a wide range of applications, from industrial goods and materials to daily necessities, including mattresses, car seats, chair cushions, and kitchen sponges. However, chemical recycling of flexible PU foam and other PU products has not yet been achieved at a commercial level in Japan. Therefore, the development and commercialization of such technology is a pressing issue from the perspective of contributing to a circular economy.

Using PlaWave microwave-based plastic decomposition technology developed by Microwave Chemical, the processing time for decomposing flexible PU foam is expected to be at least cut in half, and a substantial reduction in energy consumption compared with existing technologies is also anticipated. Microwave technology will also contribute to reducing CO2 emissions, as its efficiency will reduce costs and enable the process to be powered by electricity generated from renewable energy.

The PlaWave platform for decomposing plastic using microwaves is able to be applied both to pyrolysis and solvolysis. Bright-chips – Petrochemicals – PET-Bottles

PlaWave enables faster reaction speeds and greater energy efficiency in a more compact device, according to the companies.

Bright-chips - Petrochemicals - PET-Bottles

-Machinery: Processing rPET in thinwall injection moulding

In cooperation with partners Alpla Group, Brink and IPB Printing, Austrian machinery maker Engel is presenting what it says is a quantum leap for the packaging industry at K2022 show in October.

For the first time, thin – walled containers made of PET can be produced in a single injection moulding process step . Engel is process ingrecycled PET (rPET) at its stand. An Engel e-speed injection moulding machine with a newly-developed injection unit is being used to do this. Bright-chips – Petrochemicals – PET-Bottles

Featuring a wall thickness of 0.3 2, the transparent, round 125-ml containers are representative of a whole genus of packaging, especially in the food industry . Thanks to integrated in – mould labelling (IML, the containers are ready-for-filling as soon as they leave the production cell. The special feature in this application is the material.

Containers are being produced directly from rPET

The thin-walled containers are produced directly from rPET in a single step. Up to now it has only been possible to process PET in thick-walled parts such as bottle preforms in injection moulding. The final packaging format was created in a second step of the process – by blow moulding for example.

Bottle-to-cup and cup-to-bottle as the target

Under the European Plastics Pact, the intent is for all plastic packaging to contain 30% recycled material and to be 100% recyclin g capable by 2025. The typical materials for packing foods in thin-walled containers are polyolefins or polystyrene. However, experts estimate that it will be impossible to achieve the stated objectives with these materials. And the recycling flows lack the approval of the European food authority, EFSA. rPET offers a solution for avoiding penalties and special taxes here. Although the price for PET is high right now, this makes the material a cost effective alternative.

EFSA has approved numerous recycling processes for PET, ensuring that the material is available in Europe  Bright-chips – Petrochemicals – PET-Bottles

Bright-chips - Petrochemicals - PET-Bottles

-Lamor to construct a chemical recycling plant with Resiclo

Lamor has signed an agreement with Resiclo Oy with the objective of constructing a chemical recycling plant to treat plastics in Kilpilahti area located in Porvoo, Finland.

In the first phase, the plastics chemical recycling plant in Kilpilahti is estimated to have an annual capacity of 10.000 tons.Bright-chips – Petrochemicals – PET-Bottles

The aim of Resiclo Kilpilahti is to build an annual capacity of approximately 40.000 tons of chemical recycling of plastics in Finland by the end of 2026. The construction work on the Kilpilahti recycling plant is expected to begin in the second half of 2022, and the commissioning of the recycling plant is scheduled to take place in 2023.

Lamor will invest EUR 1.2 million in the company established for the project (“Resiclo Kilpilahti Oy”), which corresponds to 50% of the shares of Resiclo Kilpilahti. The rest of the shares of the company will be owned by Resiclo Oy. The total investment of the first phase is estimated to be EUR 12 million. In addition, Lamor is committed to finance Resiclo Kilpilahti’s future investments with a sub-ordinated loan amounting up to a maximum of EUR 3 million. At the same time, Lamor will invest EUR 1.3 million in Resiclo Oy, where it will be acting as a minority shareholder with a 11.8% stake. The investments will be paid in cash. According to the plan, Resiclo Kilpilahti Oy will be consolidated as a subsidiary in Lamor’s consolidated financial statements.  Bright-chips – Petrochemicals – PET-Bottles

Lamor to construct a chemical recycling plant with Resiclo

-Erema Group acquires stake in start-up company plasticpreneur

As of 30 May 2022, Erema Group GmbH acquired 19.8 percent of plasticpreneur gmbh.

Plasticpreneur is an Austrian start-up company founded two years ago that manufactures at its production site in Klagenfurt recycling solutions for plastic waste that are mobile and can be operated without prior knowledge. The machine portfolio covers the recycling process and the production of new end-products. Due to it´s wide range of applications, it is in demand both in the Global South and in industrialised countries.

In the two years since the company was founded, plasticpreneur® has already sold 330 machines to customers in over 70 countries on all continents. In addition, they have made over 750 application-specific moulds, many of them custom-built to comply with individual customer specifications. An achievement that impressed Manfred Hackl, CEO Erema Group, from the moment he first met them: “The young founders and their dedicated team exude pioneering spirit, want to shape the future with their work and put their heart and soul into the circular economy and plastics recycling. Just like we do in the Erema Group!”  Bright-chips – Petrochemicals – PET-Bottles

While plastics recycling has gained enormous momentum in the industrialised countries, more remote and poorer regions of the world have hardly benefited from high-tech solutions for industrial recycling processes so far. They are held back by a lack of infrastructure and know-how. That is why waste is often incinerated or disposed of in landfills, rivers and the surrounding environment. “Our mission – Another life for plastic, because we care – is also aimed at supporting these regions with solutions for plastic recycling, and with plasticpreneur® we have found the ideal partner for this,” says Hackl.

The start-up company’s machines can process HDPE, PP, PS, LDPE, PLA, AB and TPU separately. Their product range includes a shredder, injection moulding unit, extruder unit for the production of end products, air filters as well as custom-built moulds. “For our machines to be used in regions with little infrastructure, they must be easy to operate without prior knowledge. The fact that we also develop end-product solutions needed locally makes our range of services particularly attractive here,” explains Sören Lex, CEO and co-founder of plasticpreneur. As soon as recycling also becomes a source of income for the operators, they become entrepreneurs.

That explains the name of the start-up, a word created from “plastic” and “entrepreneur”. plasticpreneur customers in these countries include e.g. social enterprises and operators of refugee camps, where everyday consumer goods – from clothes pegs and school supplies to toys and fence posts – are produced and sold using plastic waste. This means that the added value stays local. Bright-chips – Petrochemicals – PET-Bottles

Erema Group acquires stake in start-up company plasticpreneur

Bright-chips – Petrochemicals – PET-Bottles

PBT Compound – Bio-based-bottles 25-06-2022

Filament-grade-Bright-chips – Petrochemicals 27/06/2022

Filament-grade-Bright-chips – Petrochemicals

Filament-grade-Bright-chips - Petrochemicals

Polyestertime
ITEM 20/06/2022 27/06/2022 +/-
Bottle grade PET chips domestic market 9,200 yuan/ton 8,700 yuan/ton -500
Bottle grade PET chips export market 1,275 $/ton 1,220 $/ton -55
Filament grade Semidull chips domestic market 8,200 yuan/ton 7,800 yuan/ton -400
Filament grade Bright chips domestic market 8,150 yuan/ton 7,750 yuan/ton -400
Pure Terephthalic Acid PTA domestic market

Filament-grade-Bright-chips – Petrochemicals

7,150 yuan/ton 6,790 yuan/ton -360
Pure Terephthalic Acid PTA export market 1,105 $/ton 1,020 $/ton -85
Monoethyleneglycol MEG domestic market 5,100 yuan/ton 4,430 yuan/ton -670
Monoethyleneglycol MEG export market 642 $/ton 562 $/ton -80
Paraxylene PX FOB  Taiwan market 1,264 $/ton 1,250 $/ton -14
Paraxylene PX FOB  Korea market 1,244 $/ton 1,230 $/ton -14
Paraxylene PX FOB EU market 1,702 $/ton 1,738 $/ton +36
Polyester filament POY 150D/48F domestic market 8,970 yuan/ton 8,550 yuan/ton
-420
Recycled Polyester filament POY  domestic market 8,350 yuan/ton 8,150 yuan/ton -200
Polyester filament DTY 150D/48 F domestic market 10,250 yuan/ton 9,650 yuan/ton -600
Polyester filament FDY 68D24F 10,000 yuan/ton 9,600 yuan/ton -400
Polyester filament FDY 150D/96F domestic market 9,450 yuan/ton 9,100 yuan/ton -350
Polyester staple fiber 1.4D 38mm domestic market 8,980 yuan/ton 8,600 yuan/ton -380
Caprolactam CPL domestic market 14,550 yuan/ton 13,900 yuan/ton
-650
Caprolactam CPL overseas  market 2,170 $/ton 2,150 $/ton -20
Nylon6 chips overseas  market 2,400 $/ton 2,400 $/ton
Nylon6 chips conventional spinning domestic  market 15,600 yuan/ton 14,800 yuan/ton -800
Nylon6 chips  high speed spinning domestic  market 16,550 yuan/ton 16,000 yuan/ton -550
Nylon 6.6 chips domestic  market

Filament-grade-Bright-chips – Petrochemicals

24,000 yuan/ton 23,500 yuan/ton -500
Nylon6 Filament POY 86D/24F domestic  market 18,700 yuan/ton 18,100 yuan/ton -600
Nylon6 Filament DTY 70D/24F domestic  market 21,000 yuan/ton 20,350 yuan/ton- -650
Nylon6 Filament FDY  70D/24F  19,150 yuan/ton 18,800 yuan/ton -350
Spandex 20D  domestic  market 54,000 yuan/ton 52,000 yuan/ton -2,000
Spandex 30D  domestic  market 47,500 yuan/ton 44,500 yuan/ton -3,000
Spandex 40D  domestic  market 41,500 yuan/ton 40,500 yuan/ton -1,000
Adipic Acid domestic market 12,000 yuan/ton 11,650 yuan/ton -350
Benzene domestic market 9,650 yuan/ton 9,600 yuan/ton -50
Benzene overseas  market 1,344 $/ton 1,228 $/ton -116
Ethylene South East market 1,100 $/ton 1,100 $/ton
Ethylene NWE  market 1,363 $/ton 1,319 $/ton -44
Acrylonitrile ACN  domestic market 10,900 yuan/ton 10,900 yuan/ton
Acrylonitrile ACN  overseas market

Filament-grade-Bright-chips – Petrochemicals

1,800 $/ton 1,700 $/tn -100
Acrylic staple fiber ASF  domestic market 18,700 yuan/ton 19,000 yuan/ton +300
Viscose Staple Fiber VSF  domestic market 15,600 yuan/ton 15,600 yuan/ton
PP Powder domestic market
8,600 yuan/ton 8,300 yuan/ton -300
Naphtha overseas market  799 $/ton867 819 $/ton
+20
Phenol domestic market 11,180 yuan/ton 10,760 yuan/ton -420

Filament-grade-Bright-chips – Petrochemicals