Recycling Sustainable Plastic – The BRICS and the Quest for De-Dollarization: A Complex Endeavor 31-08-2023

Recycling Sustainable Plastic

Amcor and Mondelēz International, two major players in the global packaging industry, have taken a significant stride towards advancing the construction of an Australian chemical recycling plant

This groundbreaking facility harnesses the innovative Catalytic Hydrothermal Reactor (Cat-HTR) technology developed by Australia-based Licella, heralding a new era in sustainable plastic waste management.

Recycling Sustainable Plastic

Ampacet Unveils ProVitalTM+ Permstat: Advanced Medical-Grade Permanent Antistatic Masterbatch

Ampacet, a prominent global leader in masterbatch solutions, has launched ProVital+ Permstat, an innovative non-migratory antistatic masterbatch meticulously designed to confer enduring and immediate antistatic characteristics to polyolefin films utilized in pharmaceutical operations. Recycling Sustainable Plastic

Recycling Sustainable Plastic

The BRICS and the Quest for De-Dollarization: A Complex Endeavor

The recent summit of the BRICS nations – Brazil, Russia, India, China, and South Africa – concluded with both optimism and challenges surrounding the much-discussed notion of de-dollarization in international payment transactions.

Recycling Sustainable Plastic

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

The strategic move aligns seamlessly with the company’s overarching growth strategy and propels it closer to realizing its ultimate aspiration: the establishment of a comprehensive nationwide plastic recycling network that caters to the surging customer demand for environmentally conscientious, low-carbon products. Recycling Sustainable Plastic

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

In an era marked by convenience and rapid technological progress, the transformative impact of plastics on modern life cannot be understated. The sheer versatility of their applications has catalyzed industrial and economic growth.

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

Can the fashion industry move from recycled bottles to reused threads?

  • Summary
  • Legislation in EU and U.S. states will make textile producers responsible for life cycle of products
  • Just 1% of clothing materials recycled despite 74% of post-consumer textiles suitable for recycling
  • Brands such as Patagonia, Adidas and Zara working directly with recycling companies on new lines
  • Cotton recycler Infinited Fiber to produce 30,000 tonnes of recycled fibre at first commercial plant
  • CuRe’s recycled polyester offers greater than 80% lower carbon footprint than virgin polyester


Can the fashion industry move from recycled bottles to reused threads?

Recycling Enthusiasts Welcome EU’s Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

The European Commission’s recent proposition to establish a mandatory benchmark of at least 25% recycled plastic integration in new automobiles has sparked favorable reactions from recycling advocates, while simultaneously triggering apprehension within the automotive manufacturing and plastics sectors. Recycling Sustainable Plastic

Recycling Enthusiasts Welcome EU's Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

Chemical recycling biopolymers – Can the fashion industry move from recycled bottles to reused threads? 31-08-2023

Recycling Sustainable Plastic

Recycling Brics De-Dollarization – Does a biopolymer have a lower environmental impact than a biodegradable polymer? 30-08-2023

Recycling Brics De-Dollarization

Amcor and Mondelēz International, two major players in the global packaging industry, have taken a significant stride towards advancing the construction of an Australian chemical recycling plant

This groundbreaking facility harnesses the innovative Catalytic Hydrothermal Reactor (Cat-HTR) technology developed by Australia-based Licella, heralding a new era in sustainable plastic waste management. Recycling Brics De-Dollarization

Recycling Brics De-Dollarization

Ampacet Unveils ProVitalTM+ Permstat: Advanced Medical-Grade Permanent Antistatic Masterbatch

Ampacet, a prominent global leader in masterbatch solutions, has launched ProVital+ Permstat, an innovative non-migratory antistatic masterbatch meticulously designed to confer enduring and immediate antistatic characteristics to polyolefin films utilized in pharmaceutical operations.

Recycling Brics De-Dollarization

The BRICS and the Quest for De-Dollarization: A Complex Endeavor

The recent summit of the BRICS nations – Brazil, Russia, India, China, and South Africa – concluded with both optimism and challenges surrounding the much-discussed notion of de-dollarization in international payment transactions. The objective of liberating the Global South from the dominance of the American dollar remained elusive, revealing the intricate nature of the task at hand. Recycling Brics De-Dollarization

Recycling Brics De-Dollarization

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

The strategic move aligns seamlessly with the company’s overarching growth strategy and propels it closer to realizing its ultimate aspiration: the establishment of a comprehensive nationwide plastic recycling network that caters to the surging customer demand for environmentally conscientious, low-carbon products.

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

In an era marked by convenience and rapid technological progress, the transformative impact of plastics on modern life cannot be understated. The sheer versatility of their applications has catalyzed industrial and economic growth. Yet, the widespread use of plastics has given rise to a profound environmental predicament. As the detrimental consequences of plastic waste become increasingly evident, the imperative to discover sustainable alternatives gains urgency. Recycling Brics De-Dollarization

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

Can the fashion industry move from recycled bottles to reused threads?

  • Summary
  • Legislation in EU and U.S. states will make textile producers responsible for life cycle of products
  • Just 1% of clothing materials recycled despite 74% of post-consumer textiles suitable for recycling
  • Brands such as Patagonia, Adidas and Zara working directly with recycling companies on new lines
  • Cotton recycler Infinited Fiber to produce 30,000 tonnes of recycled fibre at first commercial plant
  • CuRe’s recycled polyester offers greater than 80% lower carbon footprint than virgin polyester

There’s probably enough clothing on the planet that there’s no need to spin another new fibre. In the United States and European Union almost 22 million tonnes of textiles are thrown out every year. The waste is found everywhere from the ocean to the Atacama Desert. Recycling Brics De-Dollarization


Can the fashion industry move from recycled bottles to reused threads?

Recycling Enthusiasts Welcome EU’s Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

The European Commission’s recent proposition to establish a mandatory benchmark of at least 25% recycled plastic integration in new automobiles has sparked favorable reactions from recycling advocates, while simultaneously triggering apprehension within the automotive manufacturing and plastics sectors.

Recycling Enthusiasts Welcome EU's Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

Chemical recycling biopolymers – Can the fashion industry move from recycled bottles to reused threads? 31-08-2023

Recycling Brics De-Dollarization

Chemical recycling biopolymers – Can the fashion industry move from recycled bottles to reused threads? 31-08-2023

Chemical recycling biopolymers

Crude Oil Prices Trend

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Amcor and Mondelēz International, two major players in the global packaging industry, have taken a significant stride towards advancing the construction of an Australian chemical recycling plant

This groundbreaking facility harnesses the innovative Catalytic Hydrothermal Reactor (Cat-HTR) technology developed by Australia-based Licella, heralding a new era in sustainable plastic waste management.

Amcor, headquartered in Australia, had previously solidified its commitment by signing a Memorandum of Understanding (MOU) with Licella Holdings in December 2022. This strategic move paved the way for investments that would contribute to the realization of Licella’s first advanced recycling facility in Australia. Although similar projects employing Licella’s technology are already nearing completion in Canada and the UK, this Australian plant—named Advanced Recycling Victoria—holds the promise of being a vital cornerstone in the global effort to combat plastic waste.

The Cat-HTR technology, a form of hydrothermal liquefaction (HTL), revolves around subjecting ‘unrecyclable’ end-of-life plastics to high temperatures and pressures within water-based environments. This transformative process converts these plastics into a crude oil substitute, which can subsequently be utilized to manufacture new food-grade plastic packaging. By reimagining the potential of plastics that would otherwise end up in landfills or polluting the environment, Cat-HTR offers a revolutionary approach to plastic recycling. Chemical recycling biopolymers

The planned Australian facility is slated to initially process around 20,000 tons of end-of-life plastic annually, with ambitious plans to scale up its capacity to an impressive 120,000 tons per year. This scaling up of operations underscores the urgency and commitment behind addressing the plastic waste crisis. Amcor’s Vice President of Corporate Venturing and Open Innovation, Frank Lehmann, highlighted the company’s recognition of its role within the circular economy. The partnership with Licella amplifies Amcor’s ability to provide innovative solutions, aligning with the objectives of its customer Mondelēz International.

The collaboration between Amcor, Mondelēz International, and Licella stands as a testament to the potential of industry leadership in driving sustainability initiatives. Through this partnership, Mondelēz International gains access to the recycled output of the plant via Amcor, which in turn allows the company to significantly reduce its reliance on virgin plastic for soft packaging in Australia. The move is especially crucial given the existing gap in sustainable local recycling solutions, as emphasized by Christine Montenegro McGrath, Senior Vice President and Chief Global Impact and Sustainability Officer at Mondelēz International. Chemical recycling biopolymers

Mike Cash, President of Amcor Flexibles Asia Pacific, highlighted the investment’s dual benefits of meeting growing customer demands for recycled content and contributing to Amcor’s overarching goal of achieving 30% recycled content across its portfolio by 2030. The collaboration is poised to propel Amcor’s sustainability commitments forward while also capitalizing on the surging demand for eco-conscious products.

Dr. Len Humphreys, the CEO of Licella, stressed the critical role of industry leadership in propelling Australia toward sustainable plastic waste solutions. He underlined that this investment not only advances Licella’s Australian facility but also addresses the increasing demand for sustainable plastic alternatives that align with both economic and environmental goals.

In a recent development, Dr. Len Humphreys, a co-founder and co-inventor of the Cat-HTR platform, announced changes within Licella’s senior leadership team and board. After 16 years as CEO, he will transition to the role of Executive Chairman, signifying his continued commitment to Licella’s global commercialization efforts. Alan Nicholl, the current Managing Director of Licella, is set to assume the position of CEO, effective from September 1, 2023. Furthermore, the company is expanding its leadership team with appointments such as Don DeFosset as a non-executive director on Licella’s board and Victoria Sherwood as the Executive General Manager – Asia & Australasia, a newly created role.

In conclusion, the strategic investments from industry giants Amcor and Mondelēz International in Licella’s cutting-edge Cat-HTR technology signify a pivotal advancement in sustainable plastic waste management. The establishment of the Advanced Recycling Victoria facility in Australia holds the promise of transforming ‘unrecyclable’ plastics into a valuable resource for new packaging, contributing to the global drive for a more sustainable future. Through innovative solutions and collaborative efforts, these companies are shaping a circular economy that prioritizes both economic growth and environmental stewardship. Chemical recycling biopolymers

Chemical recycling biopolymers

Ampacet Unveils ProVitalTM+ Permstat: Advanced Medical-Grade Permanent Antistatic Masterbatch

Ampacet, a prominent global leader in masterbatch solutions, has launched ProVital+ Permstat, an innovative non-migratory antistatic masterbatch meticulously designed to confer enduring and immediate antistatic characteristics to polyolefin films utilized in pharmaceutical operations.

The scene depicts the operation of an automated plastic bag production machine illuminated by a gentle glow. The focus is on the intricate mechanism of the machine’s roller set against a backdrop of soft blue light.

By integrating Ampacet’s ProVital+ Permstat into the outer layers of packaging films, a dissipative polymeric network is established within the film’s core structure. This architecture facilitates the dispersion of electrostatic charges that accumulate on the film’s surface throughout the external layer. The antistatic efficacy is promptly noticeable, remains constant throughout the film’s lifespan, and endures as long as the film is in service. Chemical recycling biopolymers

Notably, the remarkable dissipative attributes of ProVital+ Permstat enable effective evacuation of powders from packaging materials, mitigating the tendency of particles to adhere to bag interiors due to static forces. In hermetically sealed bags, the application of ProVital+ Permstat obviates the occurrence of static-induced powder accumulation in the sealing region. This revolutionary masterbatch can seamlessly integrate into polyethylene cleanroom films, commonly employed for safekeeping and conveyance of pharmaceutical raw materials as well as active ingredients utilized in drug synthesis.

ProVital+ Permstat guarantees the unvarying uniformity of its formulation, maintaining an unalterable raw material policy at both the CAS and commercial levels. Manufacturing adheres to consistent process parameters, and production within controlled environments minimizes potential risks of cross-contamination.

For additional insights into the Ampacet ProVital+ product line, please reach out via email to

Chemical recycling biopolymers

The BRICS and the Quest for De-Dollarization: A Complex Endeavor

The recent summit of the BRICS nations – Brazil, Russia, India, China, and South Africa – concluded with both optimism and challenges surrounding the much-discussed notion of de-dollarization in international payment transactions. The objective of liberating the Global South from the dominance of the American dollar remained elusive, revealing the intricate nature of the task at hand. The aspirations for an alternative system encountered hurdles, leading to a different focus: enhancing trade in local currencies instead.

The summit’s culmination in Johannesburg, South Africa, saw the leaders of BRICS announce their intention to task their finance ministers with exploring matters related to local currencies, payment instruments, and platforms.

While the de-dollarization agenda held particular significance for Russia, mired in economic hardship due to Western sanctions and exclusion from the Swift system in the aftermath of the Ukraine invasion, the African continent’s economic interactions also factored into the equation. Chemical recycling biopolymers

Russia’s motivation for pursuing de-dollarization stemmed from both geopolitical and economic pressures. South Africa’s Finance Minister Enoch Godongwana clarified that the BRICS group aimed not to replace existing international payment systems like Swift, but rather to establish a mechanism that would facilitate trade in local currencies. However, the creation of a unified BRICS currency, a proposal raised by Brazil’s then-President Luiz Inacio Lula da Silva, did not find a place on the summit’s agenda.

The complexity of the de-dollarization endeavor became apparent through discussions. Establishing an anti-dollar system would necessitate creating a central bank, which, in turn, would potentially compromise countries’ monetary policy independence. South Africa’s specific context highlighted this challenge, given constitutional implications and the intricate ties to raw material transactions in dollars, both within South Africa and across the broader African continent. Chemical recycling biopolymers

The prospect of a circulating currency akin to the dollar or the euro was deemed overly ambitious and was not pursued. Instead, the focus shifted toward a currency of account, analogous to the European Currency Unit (ECU) used before the adoption of the euro. President Cyril Ramaphosa of South Africa emphasized the importance of collective action to advance the interests of the African continent, which has often been subjected to exploitation and devastation.

The enduring dominance of the American dollar, established through institutions such as the IMF and the World Bank, appears increasingly outdated and disconnected from the evolving multipolar reality. While the notion of undermining dollar hegemony gains traction, the journey toward a unified BRICS currency remains largely theoretical and intricate. Notably, these countries still predominantly conduct their commodity transactions in dollars or euros.

Against the backdrop of geopolitical dynamics, a potential BRICS currency could primarily serve Russia’s efforts to alleviate financial isolation. Yet, the summit revealed a measured response to Russia’s actions in Ukraine, with limited support for President Vladimir Putin. South Africa’s stance demonstrated the balance between internal and international affairs. For African nations, however, the idea of a BRICS currency resonates, particularly in the face of weakening local currencies, shortages of hard currency, and the escalating interest rates on public debt. Chemical recycling biopolymers

Amid these challenges, the pursuit of alternatives to the dollar gains momentum in Africa. The continent grapples with a chronic dearth of hard currency for international transactions, prompting discussions about a pan-African payment system that could facilitate trade within the continent. At the African Free Trade Area Summit in Nairobi, Kenyan President William Ruto urged his counterparts to initiate steps toward moving away from the US dollar, fostering the creation of a unified payment framework.

Ruto’s call to mobilize central and commercial banks for a pan-African payment system marks a decisive step toward charting a new course for the continent’s economic interactions. The aspiration for de-dollarization, though complex and fraught with challenges, underscores the determination of emerging economies to reshape the global economic landscape and diminish the stranglehold of established financial norms. As discussions continue and initiatives unfold, the BRICS countries, along with their African counterparts, navigate the intricate path toward a more multipolar and equitable international financial system. Chemical recycling biopolymers

Chemical recycling biopolymers

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

The strategic move aligns seamlessly with the company’s overarching growth strategy and propels it closer to realizing its ultimate aspiration: the establishment of a comprehensive nationwide plastic recycling network that caters to the surging customer demand for environmentally conscientious, low-carbon products. This latest addition stands as MBA Polymers UK’s fourth operational site within the UK, complementing its original Worksop site in Nottinghamshire, a strategically acquired separation line in Dover in 2019, and the inception of the Duddeston site in West Midlands in 2022.

Forefront in MBA Polymers’ vision is the pursuit of attaining a prodigious production capacity of 100,000 tonnes of recycled plastics by 2030, catering effectively to the evolving needs of its clientele. Chemical recycling biopolymers

The company is steadfast in its mission to rescue plastic materials destined for landfill, employing a decade’s worth of technological innovations and expertise to engineer sustainable, recycled plastics that showcase an astounding carbon reduction of up to 85% when juxtaposed with their virgin counterparts. A testament to their unwavering commitment, over the course of the past ten years, MBA Polymers UK has successfully diverted a staggering 250,000 tonnes of plastic waste away from the confines of landfills, championing a more responsible approach to waste management.

However, the significance of this expansion surpasses mere quantitative measurements. Beyond the evident reduction in the necessity to transport feedstock across extensive distances, this enlargement empowers MBA Polymers UK to elevate its capacity to deliver a higher quantum of recycled polymers, aligning precisely with the burgeoning demand from its discerning customer base. Moreover, this strategic augmentation aptly accommodates the organization’s expanding product portfolio, particularly in the realm of color variety, a vital attribute in the dynamic landscape of plastics application.

Paul Mayhew, the accomplished General Manager of MBA Polymers UK, aptly articulates the far-reaching implications of this new establishment: “The integration of our fourth operational site will substantially augment our recycling capabilities by a commendable 35%, signifying the diversion of vast quantities of plastic waste from landfills. This, in turn, enables us to channel premium-grade recycled polymers back into the circular economy, amplifying the virtuous cycle of sustainability.” Chemical recycling biopolymers

MBA Polymers UK has solidified its position as a preeminent supplier of robust, high-quality plastics, encompassing an array of variants like rPP, rPE, rPS, and ABS. These materials find their application across diverse sectors, including but not limited to electronics, automotive manufacturing, and logistics management. Noteworthy is the remarkable environmental impact of these materials, contributing to carbon savings ranging from 75% to an impressive 86%. Such an accomplishment has earned them the distinct privilege of being the first recycled plastics to be bestowed with the coveted Low CO2 certification from the Carbon Trust.

Anticipated to commence operations in September 2023, the Cambridgeshire plant stands as a beacon of progress, poised to generate a manifold of 23 new employment opportunities. This expansion is not merely an augmentation in physical terms; it symbolizes MBA Polymers UK’s unwavering dedication to fostering a greener, more sustainable future, one polymer at a time. Chemical recycling biopolymers

MBA Polymers UK, a pioneering force in plastics recycling, has unveiled an ambitious expansion plan that involves the inauguration of a state-of-the-art plastics recycling facility in Wimblington, Cambridgeshire

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

In an era marked by convenience and rapid technological progress, the transformative impact of plastics on modern life cannot be understated. The sheer versatility of their applications has catalyzed industrial and economic growth. Yet, the widespread use of plastics has given rise to a profound environmental predicament. As the detrimental consequences of plastic waste become increasingly evident, the imperative to discover sustainable alternatives gains urgency. This urgency has spurred exploration into the realm of bio-based and oxo-degradable plastics as potential solutions, backed by a mounting body of research and empirical evidence. By delving into the intricate complexities of these two categories, a more nuanced understanding emerges of the realities and challenges that underpin their pivotal roles in shaping the trajectory of plastics in the years to come. Chemical recycling biopolymers

The global demand for plastics has undergone a meteoric rise since the mid-20th century, resulting in an unprecedented surge in environmental pollution. Plastic waste, now ubiquitous in oceans and landfills, poses multifaceted threats to ecosystems, economies, and public health. The cumulative emissions stemming from plastic production, processing, and disposal released a staggering 1781 million metric tons of CO2 equivalents into the atmosphere in 2015. This alarming figure is projected to balloon to an astonishing 6500 million metric tons by 2050 if trends persist. Notably, the production of fossil fuel-derived plastics soared from a mere 2 million tons in 1950 to a staggering 454 million tons in 2018, reflecting an insatiable appetite for convenience and functionality. Astonishingly, humanity generated an astounding 9.7 billion tons of plastics between 1950 and 1980 alone, a quantity predicted to double by 2025 and triple by 2050.

Within this broader context, the challenges faced by individual nations serve as potent reminders of the global urgency to tackle plastic waste. Pakistan, for instance, discards over 3.3 million tons of plastic annually, underscoring the magnitude of the issue. The management of plastic waste presents not only infrastructural hurdles but also intricate behavioral challenges. While policies like the ban on single-use plastic bags are commendable, they often overlook the complex interplay of human behavior. In countries like Pakistan, which generated approximately 3.9 million tons of plastic waste in 2020, a deeper comprehension of behavioral motivations is imperative. The success of such policies hinges on addressing underlying behaviors and fostering a sense of ownership among the population. Chemical recycling biopolymers

In the face of the deluge of plastic waste, a paradigm shift is underway as society grapples with the necessity of a sustainable plastic economy. This transition heralds the emergence of bio-based plastics, heralded as innovative breakthroughs in the realm of plastics. Unlike their fossil fuel-derived counterparts, bio-based plastics derive from renewable sources, ranging from plant-based constituents to microorganisms and algae. This shift towards renewable feedstocks marks a significant departure from the finite and ecologically taxing nature of fossil fuels.

Among these alternatives, starch-based polymers have emerged as particularly transformative contenders. Starch, a ubiquitous carbohydrate sourced from crops like corn and potatoes, offers a potential blueprint for reshaping the landscape of biopolymers. Researchers have ingeniously addressed inherent limitations such as brittleness and suboptimal mechanical properties. The blending of starch with biopolymers like polylactic acid (PLA) and polycaprolactone (PCL) paves the way for a symbiotic synthesis of attributes. This strategic amalgamation not only enhances mechanical properties but also expands the spectrum of applications, spanning from single-use plastics to cutting-edge food packaging solutions.

Polylactic acid (PLA), an exemplar of synthetic biopolymers, encapsulates the fusion of innovation and sustainability. Derived from starch materials, PLA boasts biodegradability, non-toxicity, and a significantly reduced carbon footprint. Its mechanical characteristics mirror those of conventional plastics, positioning it as a formidable eco-conscious substitute across a diverse range of applications, from disposable cutlery to intricate medical devices. Chemical recycling biopolymers

However, the significance of PLA transcends its material attributes, embodying a profound shift towards plastics sourced from renewable and natural origins, thereby contributing to the critical endeavor of mitigating greenhouse gas emissions.

Polycaprolactone (PCL), a biodegradable thermoplastic polyester, serves as a testament to the potency of strategic blending in polymer design. With attributes like superior heat processability and low viscosity, PCL presents an attractive material choice. Nonetheless, its isolated application encounters challenges due to weak barrier and mechanical properties. The skillful integration of PCL with materials like cellulose acetate sulfate and polyacetic acid offers a solution to these hurdles. This approach underscores the profound significance of holistic material engineering, where the synergistic interactions among components surpass the sum of their individual contributions.

The narrative of bio-based plastics expands with the introduction of polyhydroxyalkanoates (PHAs), a family of biodegradable thermoplastic polyesters derived from bacterial synthesis. These nature-inspired plastics, stored within bacteria as intracellular carbon and energy reservoirs, epitomize the elegance of natural polymerization processes. Within this family, polyhydroxybutyrate (PHB) stands out, boasting remarkable mechanical properties akin to polyethylene. Importantly, PHB holds great potential in food packaging due to its melting point proximity to PLA, enabling fusion in their molten states. As the world confronts the challenge of plastic waste, PHAs offer a glimpse into nature-inspired solutions that can coexist harmoniously with ecosystems.

While bio-based plastics pave the way toward a more environmentally conscious future, oxo-degradable plastics emerge as intriguing yet contentious alternatives.

Marketed as a bridge between conventional plastics and biodegradable options, these plastics undergo oxidative fragmentation, ostensibly hastening their degradation.

However, the rapid breakdown poses a significant predicament—fragmentation into micro-sized particles. Chemical recycling biopolymers

If not meticulously managed, these particles risk exacerbating the microplastic pollution crisis and endangering ecosystems. The discourse surrounding oxo-degradable plastics hinges on a delicate equilibrium between biodegradation and fragmentation. While these plastics exhibit accelerated disintegration, questions persist about the comprehensiveness of biodegradation, especially without molecular weight reduction. Furthermore, understanding the marine ecosystem’s response to fragmented plastics remains an ongoing area of research, necessitating a holistic grasp of potential ecological ramifications.

In the intricate fabric of plastics, the journey toward sustainability is a multi-dimensional odyssey guided by robust research, innovative technology, and a collective commitment to change. The challenges extend beyond technical innovations, encompassing behavioral shifts, systemic waste management transformations, and holistic policy implementations. As society stands at the crossroads, choices become pivotal, their echoes resonating through generations. Data-driven insights serve as guiding stars, steering humanity toward a more harmonious and sustainable coexistence with our planet.

The intricate dance of bio-based and oxo-degradable plastics encapsulates the complexity of the plastic predicament. These innovative alternatives offer a potential respite from the ecological toll of conventional plastics, yet they are not panaceas. The transition to a sustainable plastic economy demands a comprehensive approach encompassing material science, behavioral change, policy reform, and societal engagement. As we forge ahead, empowered by data and fueled by collective determination, we inch closer to a future where plastics coexist harmoniously with the planet. Chemical recycling biopolymers

In the relentless pursuit of alternatives to single-use plastics, a profusion of innovative ideas has sprouted, aiming to revolutionize consumption patterns and waste management systems. From advanced materials to transformative business models, these concepts possess

Advancing Towards Sustainable Plastic Alternatives: Navigating a Complex Landscape

Can the fashion industry move from recycled bottles to reused threads?

  • Summary
  • Legislation in EU and U.S. states will make textile producers responsible for life cycle of products
  • Just 1% of clothing materials recycled despite 74% of post-consumer textiles suitable for recycling
  • Brands such as Patagonia, Adidas and Zara working directly with recycling companies on new lines
  • Cotton recycler Infinited Fiber to produce 30,000 tonnes of recycled fibre at first commercial plant
  • CuRe’s recycled polyester offers greater than 80% lower carbon footprint than virgin polyester Chemical recycling biopolymers

August 24 – There’s probably enough clothing on the planet that there’s no need to spin another new fibre. In the United States and European Union almost 22 million tonnes of textiles are thrown out every year. The waste is found everywhere from the ocean to the Atacama Desert.

Much of what’s discarded in the Global North is exported to become someone else’s problem in the Global South. If we’re to have a circular economy, the billions of tonnes of existing textiles will have to be recovered and recycled at scale. And that’s a challenge that reaches into every part of the supply chain.

Brands and retailers have the power to make it happen, and regulation is pushing them.

Some U.S. states are advancing legislation on textiles recycling, while proposals launched by the EU in July will make producers responsible for the full life cycle of textile products, also known as extended producer responsibility. They’ll have to cover the costs of managing textile waste, a measure aimed at incentivising them to produce less waste and design for circularity. Chemical recycling biopolymers

Ecodesign legislation is also in train, as part of an overall vision to have textiles on the EU market both recyclable and largely made of recycled fibres by 2030, while another proposal aims for common rules on environmental claims to prevent greenwashing.

Current legislation also means member states will have to collect textiles separately from 2025.


Can the fashion industry move from recycled bottles to reused threads?

Recycling Enthusiasts Welcome EU’s Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

The European Commission’s recent proposition to establish a mandatory benchmark of at least 25% recycled plastic integration in new automobiles has sparked favorable reactions from recycling advocates, while simultaneously triggering apprehension within the automotive manufacturing and plastics sectors. Chemical recycling biopolymers

The adage that “plastics are ubiquitous” holds particularly true within the realm of the automotive industry. By sheer volume, approximately half of the present-day vehicles are constructed using plastic components, as noted by EuRIC, the European recycling industry association. This encompasses an array of elements, ranging from dashboards, bumpers, handles, buttons, casings, and ceiling fabrics to seats, seat belts, airbags, and even carpeting.

Due to the lightweight nature of plastics, which contributes to enhanced fuel efficiency, the demand for this material within the automotive sector has steadily risen over time. In the contemporary context, the average automobile comprises anywhere from 150 to 200 kg of plastic, according to EuRIC.

In a bid to enhance recycling practices and bolster material reuse, the European Commission introduced new legislative measures in July, primarily targeting vehicle design and the treatment of end-of-life vehicles. The primary focus of these regulations revolves around advancing recycling and the repurposing of materials. A pivotal objective within this framework is the stipulation that 25% of the plastics employed in new vehicles should originate from recycled sources, a quarter of which should be derived from end-of-life vehicles. Additionally, the Commission proposes that about 30% of plastics from decommissioned automobiles should be recycled, an increase from the existing level of roughly 19%. Chemical recycling biopolymers

EuRIC was quick to laud these proposals, asserting in an official statement that “such targets are indispensably essential for the transition toward a circular economy for plastics within the automotive sector.”

However, within the automotive industry, there exists a sense of wariness towards the Commission’s propositions. Automakers express concerns over the feasibility of these targets. ACEA, the association representing EU car manufacturers, notes that the inclusion of carbon fibers into plastics for improved durability might render these materials complex to recycle. The association highlights that the required recycling technologies might not be presently available for scalable implementation.

While not fundamentally opposed to incorporating recycled plastics, automakers emphasize the necessity for realism and technical viability in these targets. ACEA underscores the potential complications if the objectives are rendered unworkable.

These apprehensions find resonance within Plastics Europe, a trade association, which posits that the high-quality polymers used in automobiles could prove challenging to recycle. Plastics Europe advocates for a combination of mechanical recycling and innovative techniques like chemical recycling to meet the proposed 25% recycled content benchmark, albeit necessitating substantial investments.

In contrast, EuRIC stands firm in its assertion that the recycling sector is poised to meet the challenge head-on. The association claims that state-of-the-art, industrial-scale technologies are at the ready to transform discarded automotive plastics into reusable recycled materials, which can subsequently find application within the automotive industry or in other domains. Chemical recycling biopolymers

Alejandro Navazas, a scientific and policy advisor at EuRIC, emphasizes that the Commission’s recycling targets could be a transformative force, spurring demand for recycled plastics and catalyzing investments in sustainable industrial value chains.

The European Commission, echoing this optimism, contends that these mandated recycled plastics objectives will invigorate dismantlers’ competitiveness, given their role as primary suppliers of recycled parts and plastic waste intended for repurposing. The Commission further projects that overall, the obligations tied to circularity in the automotive sector, including the integration of recycled plastics into new vehicles, will entail only a modest price increase, estimated to be under €40 for consumers purchasing new vehicles.

Recycling Enthusiasts Welcome EU's Ambitious Plastic Recycling Goal for Automobiles, While Automakers Express Caution

BOPP Film fibre-to-fibre – High-quality recycling loops are best for circular economy 30-08-2023

Chemical recycling biopolymers

Recycling fishing nets – High-quality recycling loops are best for circular economy 30-08-2023

Recycling fishing nets

Accord Signed for Treofan Terni: A New Chapter for BOPP Film Production

In a significant development, the BOPP (biaxially oriented polypropylene) film production plant in Umbria, Italy, will now be transitioning to the ownership of the Polish company Visopack. This momentous move comes as the Indian conglomerate Jindal, which had taken over the Treofan Terni plant three years ago, has finalized a preliminary agreement with Visopack for the transfer of the facility along with its specialized machinery dedicated to BOPP film production. The announcement, made recently by the UGL Chemical Workers Union, marks a turning point in the evolution of the plant and the future of its workforce.

Recycling fishing nets

Toray develops fibre-to-fibre recycling for used nylon fishing nets

Toray, in collaboration with Nitto Seimo and Taiyo, has achieved a breakthrough in the realm of sustainability by pioneering a fiber-to-fiber recycling method tailored for repurposing used nylon fishing nets. In an industry-first initiative, the trio of Japanese companies is set to undertake trials involving purse seine nets composed of chemically recycled nylon fishing nets, with a particular focus on the Northern Pacific Ocean this November. Recycling fishing nets

Recycling fishing nets

India’s role in global oil consumption has encountered a substantial deceleration, triggering ramifications on the international oil market

Although the first seven months of 2023 witnessed a surge in petroleum consumption to an unprecedented level, this growth has markedly slowed down as the rebound from pandemic-induced lockdowns reaches its culmination, as per reports from Reuters.

The Indian economy finds itself ensnared in a confluence of challenges, grappling with swift inflation and a decelerating global trade environment, a predicament mirroring the struggles faced by other prominent economies spanning South and East Asia.

Recycling fishing nets

Chinese BYD and Xpeng acquire American companies

The two Chinese giants have entered into agreements to acquire parts of US companies active in mobile electronics and smart EVs  Recycling fishing nets
While working to conquer new markets, the Chinese manufacturers continue to expand their activities with acquisitions: in the last few hours, both BYD and Xpeng have absorbed as many US companies active in strategic sectors of electric mobility and communication technologies with agreements of value total of about three billion dollars.
Chinese BYD and Xpeng acquire American companies

Denza, the Chinese brand that wants to challenge the big names in Europe

Denza is a new Chinese car ready for its European debut, it is a decidedly spacious and comfortable minivan, even for large families who want to travel with one eye on the environment and one on comfort, without giving up at the same time style.
At the IAA 2023, the Munich Auto Show, which will be held from 5 to 10 September 2023, the Chinese giant BYD will present a new range of cars designed for the European market, which will consist of six different models, all electric.
Denza, the Chinese brand that wants to challenge the big names in Europe

High-quality recycling loops are best for circular economy

Fibre-based packaging offers what is probably the best existing example of a high-quality recycling system, where recycling can take place from any type of packaging to another. Professional recyclers say the real challenge is not in these ‘material loops’ but in the separate collection of paper for recycling, which has yet to be streamlined across Europe.

On Europe’s journey to a circular economy, high quality recycling is essential. In fact, the recycling of fibre-based packaging constitutes one of the best examples.

High-quality recycling loops are best for circular economy

Saudi Arabia Polypropylene (PP) Market [GROWTH] Power of Multivariate Analysis Techniques for Analyzing Complex Data Sets

According to the report by Report Ocean, The “Saudi Arabia Polypropylene (PP) Market ” Research Report offers a comprehensive industry overview, encompassing pivotal trends, opportunities, risks, and drivers that significantly impact market growth. The report also outlines the market’s current CAGR status.



BOPP Film fibre-to-fibre – High-quality recycling loops are best for circular economy 30-08-2023

Recycling fishing nets

BOPP Film fibre-to-fibre – High-quality recycling loops are best for circular economy 30-08-2023

BOPP Film fibre-to-fibre

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Accord Signed for Treofan Terni: A New Chapter for BOPP Film Production

In a significant development, the BOPP (biaxially oriented polypropylene) film production plant in Umbria, Italy, will now be transitioning to the ownership of the Polish company Visopack. This momentous move comes as the Indian conglomerate Jindal, which had taken over the Treofan Terni plant three years ago, has finalized a preliminary agreement with Visopack for the transfer of the facility along with its specialized machinery dedicated to BOPP film production. The announcement, made recently by the UGL Chemical Workers Union, marks a turning point in the evolution of the plant and the future of its workforce.

Having reached a verbal agreement in June, the accord has now been officially ratified. However, the specifics of the industrial plan that Visopack has meticulously crafted to rejuvenate the Umbrian site are yet to be unveiled. The finer details of this plan will be presented during a meeting at the Ministry of Enterprises and “Made in Italy” (Mimit). The transition of ownership will be undertaken following discussions with relevant institutions and labor unions. BOPP Film fibre-to-fibre

“This solution represents the only option that, based on the skills and professionalism of the personnel, promotes the complete reintegration of the workers and ensures them the dignity that only a job can provide, thereby putting an end to the challenging situation of temporary layoff,” stated UGL Chemical Workers Union in a press release.

Headquartered in Torun, Poland, Visopack specializes in the production of BOPP films for flexible packaging and labels. The acquisition of the Terni facility by Visopack brings new prospects for the plant, its employees, and the local community. This transition holds the promise of preserving valuable employment opportunities and contributing positively to the region’s economic landscape.

The Terni plant had become a part of Jindal’s portfolio in 2018, as a result of its acquisition of Treofan’s European activities. This move had also included the facility in Battipaglia (SA), Italy, which was subsequently acquired by Jcoplastic in 2020. Notably, in Italy, Jindal Films Europe continues its plastic film production at sites in Brindisi and Cesano Maderno. Beyond Italy’s borders, the Indian conglomerate operates across Europe with facilities in Neunkirchen, Germany (formerly Treofan), Kerkrade, Netherlands, and Virton, Belgium, where a technological center is also situated. BOPP Film fibre-to-fibre

The agreement marks a significant step forward for both Visopack and the employees of the Terni plant. As the industrial landscape evolves, the partnership between Visopack and Jindal promises to infuse new energy and innovation into the BOPP film production sector. It holds the potential to revitalize the production plant and bolster the local economy, ultimately fostering stability and growth.

As the ownership transition unfolds, it underscores the importance of collaborative efforts between businesses, unions, and governmental bodies. The inclusion of all stakeholders in shaping the future of the Terni plant not only ensures a smoother transition but also aligns with the shared goal of preserving jobs and sustaining the plant’s role as a significant contributor to the industrial fabric of the region.

In conclusion, the signed agreement between Jindal and Visopack ushers in a new era for the Treofan Terni plant and its employees. The dedication to innovation, stability, and community growth will serve as the foundation for the transformation of the plant into a dynamic hub for BOPP film production, in turn bolstering the larger industrial landscape and promoting economic well-being. BOPP Film fibre-to-fibre

BOPP Film fibre-to-fibre

Toray develops fibre-to-fibre recycling for used nylon fishing nets

Toray, in collaboration with Nitto Seimo and Taiyo, has achieved a breakthrough in the realm of sustainability by pioneering a fiber-to-fiber recycling method tailored for repurposing used nylon fishing nets. In an industry-first initiative, the trio of Japanese companies is set to undertake trials involving purse seine nets composed of chemically recycled nylon fishing nets, with a particular focus on the Northern Pacific Ocean this November.

Toray Industries, renowned for its expertise in materials manufacturing, and Nitto Seimo, a prominent fishing net manufacturer, have jointly unveiled their innovative approach to recycling purse seine nets, with plans for field trials in the Northern Pacific Ocean in November. This significant advancement stems from a collaborative effort with fishing enterprise Taiyo A&F. Initially established in November 2022, this partnership was conceived to address the recycling of fishing nets crafted from nylon remnants and byproducts generated during net production. BOPP Film fibre-to-fibre

Now, the endeavor has expanded to encompass the reclamation of materials from utilized nylon fishing nets, marking a pioneering achievement in the domain of fiber-to-fiber recycling on a global scale.

While various initiatives have sought to recover nylon fishing nets, often referred to as “ghost nets” when abandoned at sea, these materials have typically been repurposed into alternative products such as swimwear, rPET, or rPA due to the challenges associated with their degradation during recycling. The exposure to debris and algae during their immersion in the sea has contributed to the deterioration of the fibers’ strength and resilience.

Toray has ingeniously harnessed its depolymerization chemical recycling technology to transform nylon sourced from ghost nets into a recycled fiber that reportedly rivals the quality of virgin material. Utilizing this recycled fiber, Nitto Seimo is now producing the purse seine nets, which will be put to the test aboard Taiyo A&F’s offshore fishing vessel, the Taiyo Maru No.21, in a trial slated to commence this November.

The three pioneering entities hold ambitious aspirations to validate the commercial viability of their novel fishing nets through these trials. Depending on the outcomes, they are eyeing the prospect of introducing the recycled fishing nets to the market as early as December 2023. BOPP Film fibre-to-fibre

Mitsuo Ohya, President of Toray, underscores the broader implications of this venture, stating, “This pursuit of nylon fiber-to-fiber recycling technology for fishing nets charts a course for the entire textile industry to contribute to the realization of a circular economy. By conserving and recycling resources while minimizing waste across the supply chain, we are poised to make a significant impact on the industry’s sustainability journey.”

BOPP Film fibre-to-fibre

India’s role in global oil consumption has encountered a substantial deceleration, triggering ramifications on the international oil market

Although the first seven months of 2023 witnessed a surge in petroleum consumption to an unprecedented level, this growth has markedly slowed down as the rebound from pandemic-induced lockdowns reaches its culmination, as per reports from Reuters.

The Indian economy finds itself ensnared in a confluence of challenges, grappling with swift inflation and a decelerating global trade environment, a predicament mirroring the struggles faced by other prominent economies spanning South and East Asia. During the initial seven months of 2023, petroleum consumption surged to a staggering 135 million metric tons, a discernible climb from the 128 million metric tons recorded in the corresponding period of 2022. BOPP Film fibre-to-fibre

This ascent, while still considerable, translates to an approximate 255,000 barrels per day (bpd), which constitutes a substantial retreat from the 415,000 bpd growth observed during the preceding year of 2021/22. The velocity of oil consumption expansion, typically hovering around 5% to 6% on a yearly basis, has conventionally aligned with the analogous growth noted in the manufacturing output sector.

In sharp contrast, this surge in India’s petroleum consumption pales when juxtaposed against the staggering growth, exceeding 1.0 million bpd, witnessed in U.S. oil production throughout the initial five months of 2023. Regrettably, India’s slower pace of consumption escalation has fallen short in absorbing the surplus crude supply and thereby tightening the global market, an especially critical need at a juncture when oil consumption has endured a lull across North America, Europe, and China.

Consequently, the relatively lackluster surge in India’s oil consumption has further compounded the downward pressure exerted on global crude oil prices throughout the course of 2023. BOPP Film fibre-to-fibre

It’s imperative to recollect that Hindustan Petroleum Corp Ltd (HPCL), a significant Indian refiner, has artfully addressed this conundrum by sourcing up to 23% of its oil requisites from heavily discounted Russian grades. This strategic move marks a stark departure from the erstwhile practice, wherein Indian refiners scarcely engaged in transactions involving Russian oil. The shift ensued after several Western nations opted to eschew purchases from Moscow due to its military intervention in Ukraine.

While HPCL’s utilization of Russian oil is subject to the constraints of its refineries’ configurations, the corporation has adeptly maximized the exploitation of these cost-effective “opportunity crudes.” This calculated maneuver not only assists in mitigating risks arising from elevated oil prices but also encapsulates a prudent effort to “ringfence” itself from potential market volatilities.

In summation, India’s once-surging petroleum consumption, although presently marked by a perceptible deceleration, retains significance within the global oil landscape. As the nation’s economic dynamics navigate the intricate interplay of inflation and trade fluctuations, its strategic approach to sourcing and refining oil continues to wield influence beyond its borders, illustrating the intricate web that ties together regional economic shifts and the worldwide energy sector. BOPP Film fibre-to-fibre

BOPP Film fibre-to-fibre

Chinese BYD and Xpeng acquire American companies

The two Chinese giants have entered into agreements to acquire parts of US companies active in mobile electronics and smart EVs
While working to conquer new markets, the Chinese manufacturers continue to expand their activities with acquisitions: in the last few hours, both BYD and Xpeng have absorbed as many US companies active in strategic sectors of electric mobility and communication technologies with agreements of value total of about three billion dollars.
Specifically, BYD has taken over the Chinese production of electronic components for mobile devices from Jabil Inc, while XPeng has formalized the agreement to acquire the Didi electric vehicle factory. BOPP Film fibre-to-fibre
BYD strengthens the Electronic division
The most important acquisition, especially from a financial point of view, is that of BYD, which apparently does not appear to be directly connected with the automotive sector. The Chinese giant’s electronics division has struck a $2.2 billion deal with US manufacturer Jabil Inc to take over its mobile electronics production on Chinese soil, currently located between Chengdu and Wuxi.
This move will allow BYD Electronic, among other things also a supplier of Apple, to grow in a sector that has joined the automotive one and generate good profits by exploiting the positive trend of Jabil itself and integrating its products with their own.
Jabil itself would then take advantage of the influx of fresh capital to further invest in other sectors such as electric vehicles, renewable energy, healthcare, cloud data centers, artificial intelligence etc…  BOPP Film fibre-to-fibre
Xpeng focuses on smart EVs
The other Chinese giant is instead looking at the EV mass market with the intention of expanding into the more accessible range and for this reason it has signed an agreement aimed at the acquisition of the EV division of the American Didi, active in various branches of technologies for the ride-sharing.
The operation has a value of 744 million dollars and, according to information released by the Reuters news agency, will lead to the creation of a sort of partnership rather than a real sale. The collaboration with Didi also provides for the possibility of expanding the joint activity also to the recharging and robotaxi sectors.
Xpeng intends to use this acquired capability to develop the basic range of the new MONA brand which aims to launch a new electric car with a popular price tag of $20,000.
This maneuver will open the door to new economies of scale and a consolidation of the activity of Xpeng, which has only recently obtained authorization to produce electric vehicles. BOPP Film fibre-to-fibre
Chinese BYD and Xpeng acquire American companies

Denza, the Chinese brand that wants to challenge the big names in Europe

Denza is a new Chinese car ready for its European debut, it is a decidedly spacious and comfortable minivan, even for large families who want to travel with one eye on the environment and one on comfort, without giving up at the same time style.
At the IAA 2023, the Munich Auto Show, which will be held from 5 to 10 September 2023, the Chinese giant BYD will present a new range of cars designed for the European market, which will consist of six different models, all electric.
There will also be space for the European debut of the premium brand Denza, which will bring to the show a recent and decidedly interesting minivan, the D9, which will conquer (or at least will try to) the European market. BOPP Film fibre-to-fibre
BYD forcefully enters the European market
As known, China is a global giant when it comes to electric cars, but many of the models produced by the largest manufacturers in the Asian country are aimed mainly if not exclusively at the domestic market, with rather compact, cheap and in some cases not very suitable cars for the European market.
The market of the old continent however, obviously, appeals to the Asian giant and among the most aggressive producers, who want to be ready to offer their creations here too, there is undoubtedly BYD.
BYD, a well-known and strong brand with an already decidedly large range of vehicles, entered the European market less than a year ago, making the simultaneous debut of three different models: high-end and large-sized cars, a sedan, an SUV and a small compact. BOPP Film fibre-to-fibre
These cars, generally well received by Europeans, will soon be joined by the Dolphin, a medium-sized sedan, arriving by the end of the summer, the Seal, a sports sedan that we can define as medium-large, arriving instead in the autumn of 2023 , and the Seal U a medium-large SUV whose availability is expected by the end of this year.
Let’s discover the Denza D9 and the other new BYD proposals
The BYD Seal is a 480 cm long sedan that stands out for its Cell-to-Body (CTB) technology. It has an 82.5 kWh battery integrated directly into the floor, with an original sandwich structural solution, which allows for a lower, more stable and resistant body of the vehicle and consequently better general aerodynamics.
The BYD Seal U (with the U standing for Utility) is instead 479 cm long and capable of carrying 5 passengers, while guaranteeing a generous load capacity. It will be available in Europe with two different trim levels, both very comfortable and well-finished.
We now come to the Denza D9, it is a minivan, a 525 cm long car which is already available in China, with hybrid and electric engines. BOPP Film fibre-to-fibre
It has a cabin with 7 seats, equipped with the most advanced technologies for passenger entertainment, such as personal screens that allow a business class travel experience.
The version that will arrive in Europe could probably be the one with the 374 HP electric motor, which is the most powerful and the all-wheel drive.
Will Chinese cars be able to rewrite the rules of the game, imposing new standards and prices? We just have to wait to understand the response of users and of course also that of competitors.
Denza, the Chinese brand that wants to challenge the big names in Europe

High-quality recycling loops are best for circular economy

Fibre-based packaging offers what is probably the best existing example of a high-quality recycling system, where recycling can take place from any type of packaging to another. Professional recyclers say the real challenge is not in these ‘material loops’ but in the separate collection of paper for recycling, which has yet to be streamlined across Europe.

On Europe’s journey to a circular economy, high quality recycling is essential. In fact, the recycling of fibre-based packaging constitutes one of the best examples. If you put your used paper products in the right recycling bin, you can count on them making their way to a facility that will recycle those materials so they can be used again many times to make packaging for breakfast cereal, boxes to carry your online deliveries, newspapers, and a whole host of other useful products. BOPP Film fibre-to-fibre

Currently, about 75 percent of the raw materials used for the fibres in our packaging come from recycling. The rest comes from sustainably-managed forests. Our packaging helps keep fossil fuels in the ground, playing its part in making our planet greener. This is why fibre-based materials are widely recognized as one of the most sustainable choices available for packaging.

This is why fibre-based materials are widely recognized as one of the most sustainable choices available for packaging.

The EU’s packaging waste regulation: a key chance to enhance recycling systems

At Fibre Packaging Europe we believe the upcoming Packaging and Packaging Waste Regulation (PPWR) has a key role in making recycling even better. We now have a chance to set an ambitious 90 percent separate collection target for all EU member countries.  Here separate collection means transferring materials from your paper and board bin to the recycling plant. BOPP Film fibre-to-fibre

There is no better way to ensure that our packaging reaches recyclers after it has been used, and it will further increase an already-remarkable 81.5 percent recycling rate (Eurostat, 2020), higher by volume than plastic, metal and glass combined.

Where we see a risk in the PPWR is if the regulation gets the definition of ‘high-quality’ recycling twisted by restricting it only to what it calls ‘closed loops’. A closed loop means a cereal box would need to be recycled into another cereal box. When fibres are allowed to be recycled universally into any paper and board application and product, it is effective, it is resource efficient, and it reduces CO2 emissions through avoided transportation (to that cereal box factory). Most importantly, it is a good and simple way to continue increasing recycling rates.

Don’t get the loop twisted: why material loops make most sense for paper

But don’t just take it from us. We spoke to seasoned professionals in the recycling business that Fibre Packaging Europe represents to hear first-hand their thoughts on closed loops, the real challenges recyclers face and what can be done to overcome them.

Does closed-loop recycling have a role to play for fibre-based packaging? John Melia, strategy development and innovation director at DS Smith’s Recycling Division, is very clear on this point. BOPP Film fibre-to-fibre

“Closed-loop recycling of paper packaging would make no sense in a mature, well-functioning recycling system built on a thriving market for secondary raw materials. It would bring disruption to the market, reduce the quality and lifespan of fibre, and increase the use of fossil fuels in the supply chain. This would be a significant step back from the high-performing recycling system we have today.”

Recycling systems based on ‘material loops’, on the other hand, mean that the raw materials we get from recycling processes are used in way that is far more versatile. They can be used to make a wide range of sustainable products that we use every day. The system works, and there is already in Europe a unique, thriving market for secondary raw materials in the fibre-based industry.

In 2020, 56 million tons of ‘Paper for Recycling’ collected were transformed into equally high-quality new paper and board products. BOPP Film fibre-to-fibre

High-quality recycling loops are best for circular economy

Saudi Arabia Polypropylene (PP) Market [GROWTH] Power of Multivariate Analysis Techniques for Analyzing Complex Data Sets

According to the report by Report Ocean, The “Saudi Arabia Polypropylene (PP) Market ” Research Report offers a comprehensive industry overview, encompassing pivotal trends, opportunities, risks, and drivers that significantly impact market growth. The report also outlines the market’s current CAGR status. The “Saudi Arabia Market ” is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2032. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

What is Saudi Arabia Polypropylene (PP) Market ?

The Saudi Arabia Polypropylene (PP) market plays a pivotal role in the country’s petrochemical and plastics sectors, with widespread applications across various industries. Polypropylene (PP) is a versatile thermoplastic polymer that is widely used for its excellent combination of properties, including high impact resistance, chemical resistance, low density, and versatility in processing. In Saudi Arabia, the PP market has a significant presence due to the country’s abundant petrochemical resources and advanced manufacturing capabilities. BOPP Film fibre-to-fibre

The packaging industry is a major consumer of PP in Saudi Arabia. PP is extensively used to produce a variety of packaging materials, including films, containers, bottles, and bags. Its durability, lightweight nature, and resistance to moisture and chemicals make it a preferred choice for packaging solutions.

The automotive sector also relies on PP for the manufacturing of automotive components and interior parts. PP-based materials are used in the production of bumpers, dashboards, door panels, and various other interior and exterior components. The automotive industry’s demand for lightweight, durable, and cost-effective materials has contributed to the growth of the PP market.

In addition to packaging and automotive applications, PP is used in the production of consumer goods, electrical appliances, textiles, and industrial products. Its versatility allows it to be modified with additives to enhance specific properties, making it suitable for a wide range of end-use applications. BOPP Film fibre-to-fibre

Market trends in the Saudi Arabia PP market are influenced by factors such as economic conditions, industrial growth, technological advancements, and consumer preferences. The availability of feedstock, feedstock prices, and global market dynamics also impact the industry’s performance.

Regulatory policies, trade agreements, and environmental considerations contribute to shaping the Saudi Arabia PP market. International competition, quality standards, and pricing trends in the global market play a significant role in determining the industry’s direction.

In summary, the Saudi Arabia Polypropylene (PP) market holds a crucial position in the petrochemical and plastics sectors, with its versatile properties and widespread applications. It is a key material in the packaging and automotive industries, offering durability, lightweight nature, and resistance to various environmental factors. The PP market’s trajectory is influenced by economic conditions, technological advancements, and consumer preferences.

Moreover, feedstock availability, regulatory policies, and global market trends collectively shape the landscape of the PP industry in Saudi Arabia. BOPP Film fibre-to-fibre


Unifi biodegradable films – Will an enzyme revolutionize the production of sustainable aviation fuel? 29-08-2023

BOPP Film fibre-to-fibre

Unifi biodegradable films – Will an enzyme revolutionize the production of sustainable aviation fuel? 29-08-2023


Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Terry Gou is a presidential candidate: “I aim for peace with Beijing”

Billionaire entrepreneur Terry Gou, renowned as the visionary behind Foxconn, a global juggernaut specializing in the manufacturing of electronic components and a prominent supplier to industry titan Apple, has unfurled his aspiration to ascend to the presidency of Taiwan. With his hat now officially in the ring, Gou plans to stake his claim as an independent contender in the forthcoming presidential elections slated for January of the following year.

For Gou, the aspiration to lead the self-governing island has been a longstanding ambition. During this year’s political maneuvers, he had initially cast his net towards garnering support from the primary opposition party, the Kuomintang (KMT). However, the scales tipped in favor of Hou Yu-ih, former chief of police and incumbent mayor of New Taipei City, as per the latest polls, accruing a commendable 26% popularity rating.

However, Gou’s strategy pivoted. To run as an unaffiliated candidate, he faces the onus of accumulating a formidable 290,000 signatures. Thus, in recent months, he has orchestrated a series of gatherings that can be likened to a prelude of an electoral campaign, spanning various locales across Taiwan.

“I have reached the decision to partake in the 2024 presidential race,” Gou proclaimed at a press conference that heralded his official candidacy. Furthermore, he articulated his overarching objective: to cultivate an environment of “peace between the two sides of the Taiwan Strait.” This, he aims to achieve by capitalizing on his commendable rapport with Beijing. Unifi biodegradable films

Foxconn’s expansive presence, encompassing a multitude of factories in China that collectively employ a workforce exceeding one million individuals, underscores the relevance of fostering harmonious relations across the Strait.

However, Gou’s endeavor is no facile feat. In the current climate of political conjecture, the odds appear to lean favorably, with an impressive 45%, toward the incumbent Taiwanese vice president, William Lai, who operates under the aegis of the Democratic Progressive Party (DPP). The DPP is known for its staunch pro-independence stance in relation to Beijing.

Gou’s gambit is laden with nuances and intricacies. His business eminence, often dubbed the King of Electronics, contributes a distinct facet to his candidacy. His empire’s symbiotic intertwinement with China’s industrial landscape generates a complex backdrop. As he sets his sights on the political arena, he aims to leverage his well-established connections and insights, built upon the foundation of Foxconn’s ventures within the mainland. His aspiration to broker a state of serenity between Taiwan and China echoes a resounding call for regional stability, predicated on diplomatic finesse. Unifi biodegradable films

As Taiwan prepares for the impending electoral showdown, the coming months promise a theatric display of political stratagem. Gou, the captain of industry, stands poised to navigate the intricate labyrinth of campaigns and debates, navigating the often-turbulent waters of public sentiment. His vision for a reconciled Taiwan, seamlessly integrated with its cross-strait counterpart, reflects not only his entrepreneurial savvy but also a profound understanding of the geopolitical dynamics at play.

Ultimately, the evolving narrative of Taiwan’s presidential election hinges on multifaceted choices, and Gou’s entry adds an intriguing chapter. The political spectrum awaits the unfolding of campaigns, debates, and unforeseen twists, with Gou’s pursuit of the presidency injecting a potent dose of uncertainty and anticipation into an already captivating saga.

Unifi biodegradable films

Unifi Faces Losses Amidst Low Demand Across Markets

The reverberations of a stagnant global textile industry have made a palpable impact on Unifi, a prominent manufacturer headquartered in Greensboro, North Carolina. Specializing in the production of synthetic and recycled fibers and yarns, Unifi experienced a notable downturn in its financial performance, as evidenced by a substantial drop in turnover for the fiscal year ending on July 3rd, 2023. In stark contrast to the previous year’s figures of $815.7 million, the company’s turnover plummeted to $623.5 million. Distressingly, the fiscal report unveiled a net loss of $40.8 million for the same period.

During the fourth quarter of the year, Unifi’s net sales were reported at $151.1 million, a stark decline from the preceding year’s $217.5 million. Within this timeframe, the company incurred a loss of $13.7 million. Unifi biodegradable films

This loss included an impairment charge of $8.2 million related to the abandonment of specialized machinery that had been constructed in the Americas back in 2017. This machinery, once a symbol of growth and innovation, now stands as a testament to the challenges that the company has faced in recent times.

The adverse impact on Unifi’s sales was a pervasive issue that transcended geographical boundaries, affecting all of the company’s key markets. In the Americas, net sales plummeted by 31.2%, while Brazil experienced a 22.4% decrease, and Asia faced a substantial decline of 35% during the fourth quarter. These figures underscore the far-reaching consequences of the prevailing economic conditions on Unifi’s global operations.

Despite the daunting circumstances, Unifi continued to draw revenue from its Repreve recycled polyester product line. These sales amounted to $44.5 million during the fourth quarter, constituting an impressive 29% of the total sales for that period. Through Repreve, Unifi has managed to repurpose more than 35 billion plastic bottles, transforming them into recycled fiber for various consumer goods, such as apparel, footwear, and home products. Unifi biodegradable films

Notably, the company has established collaborations with several influential brands across the world, further solidifying its position in the industry.

Eddie Ingle, Unifi’s CEO, acknowledged the challenging landscape the company faces. He attributed the unfavorable financial results to the instability in demand that has rippled throughout the apparel and textile supply chains. These fluctuations, in turn, were driven by diminished levels of demand from brands and retailers. While Ingle anticipates that this subdued demand environment will persist throughout the remainder of 2023, he highlighted positive developments in the market share within the Americas and Brazil segments. These developments, he believes, will serve as a springboard for a resurgent fiscal year in 2024.

In the face of ongoing uncertainties across its customer base, Unifi remains cautiously optimistic. Ingle contends that the protracted period of inventory destocking is on the cusp of concluding.

This transition marks a critical turning point for the company, as it seeks to recalibrate and reposition itself for an impending period of recovery. Unifi biodegradable films

As Unifi navigates these uncharted waters, the company is poised to leverage its enduring commitment to sustainability, innovation, and collaboration with global brands. The challenges it currently faces serve as a catalyst for refining its strategies, streamlining operations, and adapting to the evolving demands of the industry. With a pragmatic outlook and a steadfast determination, Unifi aims to overcome the present adversity and usher in a new era of growth and stability. For more information, please visit

Unifi biodegradable films

An innovative Israeli biotech company has spearheaded a significant stride towards eco-conscious practices by introducing an environmentally friendly food packaging alternative crafted from fungi

This remarkable achievement, as heralded by the Israel Innovation Authority (IIA), aims to supplant the environmentally detrimental role of plastic packaging in our lives.

Amid mounting concerns about the ecological ramifications of current food packaging practices, particularly the rampant use of non-biodegradable plastics leading to an alarming upsurge in waste generation, this breakthrough from MadeRight offers a glimmer of hope. In a noteworthy Facebook post, the IIA elucidated the substantial environmental impact imposed by the food packaging industry, exacerbated by the pervasive employment of plastics. Not only does this engender colossal waste, but the manufacturing processes for conventional packaging materials like plastic, glass, and metal also exact a toll on energy consumption and precious resources, thereby contributing to the ominous specter of carbon emissions.

MadeRight’s solution pivots on the inception of a circular economy paradigm, ingeniously employing organic industrial waste as a fertile substrate to nourish the growth of fungi, which then metamorphose into an invaluable biomaterial. This two-step process commences with the cultivation of fungi through fermentation, utilizing the rich nutrient tapestry of industrial organic waste. In the subsequent phase, these cultivated fungi undergo a transformative metamorphosis into high-value biomaterials, which in turn are harnessed to craft tailor-made packaging compatible with a broad spectrum of existing machinery within various industries. Unifi biodegradable films

One of the most remarkable aspects of this pioneering technique is its meticulous incorporation of the inherent attributes of fungi, lending themselves seamlessly to large-scale production of these innovative packaging solutions. Among these attributes, their phenomenally rapid growth rate stands out, complemented by their year-round availability and remarkable adaptability to diverse climates. MadeRight, in underscoring these features, underscores that their revolutionary approach is characterized by recyclability, durability, and a cleanliness that mirrors nature’s elegance. The materials employed in their novel packaging creation are sourced from abundantly available and varied reservoirs, curbing the necessity for extensive material transportation, a factor that further slashes the carbon footprint associated with packaging production.

In a world grappling with the tangible consequences of climate change and environmental degradation, MadeRight’s pioneering strides emerge as a potent beacon of progress. By harnessing the potency of fungi and aligning it with a circular economy model, they effectively circumvent the pitfalls of conventional packaging materials, sparing us from the ecological quagmire that plastic packaging has precipitated. This dynamic solution champions both innovation and sustainability, intertwining them in a manner that beckons other industries to heed the call of nature-conscious practices.

While the road ahead to mass adoption might pose challenges in terms of industrial integration and consumer adaptation, the foundational steps taken by MadeRight represent an instrumental leap towards a more harmonious coexistence between commerce and the environment. As their fungi-based packaging materials weave their way into the fabric of various sectors, the tangible impact of reduced waste, curbed carbon emissions, and heightened sustainability will undoubtedly reverberate on a global scale.

In conclusion, the advent of eco-friendly food packaging derived from fungi, as pioneered by the Israeli company MadeRight, marks a pivotal advancement in the quest for sustainable practices within the packaging industry. Unifi biodegradable films

By harnessing the innate potential of fungi and channeling it through a circular economy model, the company has birthed a pragmatic and scalable solution to the mounting environmental concerns associated with conventional packaging materials. As these innovative fungal-based packaging materials find their footing in diverse industries, the promise of diminished waste, lowered carbon emissions, and heightened environmental consciousness inches closer to realization.

Unifi biodegradable films

Single-use plastics yield to biodegradable films for safety

These films cut carbon emissions, save energy, promote recycling, and reduce petroleum use, challenging traditional plastics.

Research has found that there have been approximately 139m metric tons of single-use plastic waste in the year 2021. This disposable plastic is utilised in day-to-day life and it is estimated that around 50.1% is utilised just once and then thrown away.

Fine modulo

Scientists are putting tremendous effort into finding a sustainable solution. The first known bioplastic PHB, polyhydroxy butyrate, was first discovered in 1926 by Maurice Lemoigne. There has since been a rising interest in the use of biodegradable films. Consciousness about the environment has also accelerated the usage of films.

Recent innovations in film manufacturing include Dow and Klöckner Pentaplast‘s recyclable vacuum film and Berry Global’s form-fill-seal film for powdered products.

Biodegradable films consist of additives with plastic as a component. The benefit of adding these enzymes is that they enable the plastic to break down. The plastic can be decomposed by the addition of living organisms, for example, fungi or bacteria, with or without impact on the environment. Unifi biodegradable films

The benefits of biodegradable films are that they decompose naturally and the end result for the environment is a little less harmful.

Reduced carbon emissions

One of the prominent benefits of utilising these films is the remarkable reduction in carbon emissions. The process of plastic generation generates carbon as it has been estimated that in the year 2019, approximately 1.81bn tons of greenhouse gas emissions were generated by plastic. Out of which, 90.1% of emissions come from their production. In fact, the conversion of plastic into fossil fuels also generates enormous carbon.

Substituting packaging with biodegradable films helps in reducing carbon emissions. According to research, 90.1% of current plastics can be easily derived or manufactured from plants.

Eco-friendly solution

Since these films are made out of natural materials for example, cellulose, starch, and proteins. They break down conveniently into natural substances such as carbon dioxide, biomass, and water.

It has been estimated that it takes 6 months to 1 year in an environment with proper exposure to oxygen.

Low energy consumption

The initial investment for developing these films might be a little expensive but in the long duration, these films require a lesser amount of energy.

Recyclable material

It has been researched in an analysis that approximately 36.1% of all the plastics produced are utilised for the purpose of packaging and about 85.2% of them end up as unregulated waste. While biodegradable films are recyclable cost-efficiently.

Reduced petroleum consumption

Oil is an imperative ingredient in the manufacturing of conventional plastics. Approximately 8.5% to 10% of the total oil supply goes to making plastic.

When biodegradable material is incorporated while making packaging films it consumes significantly less petroleum. Unifi biodegradable films

Some of prominent types of biodegradable films are:

  • Starch-based biodegradable films

These films are made up of potatoes, wheat, or corn. These starch-based plastics are complex mixtures of starch consisting of compostable plastics for example PBAT, PLA, PCL, PBS, and PHA.


Single-use plastics yield to biodegradable films for safety

Attendance jumps nearly 60% for Intertextile Shanghai show

Intertextile Shanghai Home Textiles Expo Witnesses Impressive 60% Surge in Attendance Marking a pivotal moment for the global trade exhibition sector, the Intertextile Shanghai Home Textiles Expo experienced a remarkable surge in attendance, soaring by nearly 60%. This substantial increase in footfall comes as a welcome sign of recovery, with many attendees and participants returning to China for the first time since the disruptive pandemic outbreak that marred 2020. The event, held last week, served as a vibrant gathering that underscored the industry’s resilience and the world’s gradual return to normalcy.

Drawing in a staggering number of over 32,000 visits, the trade fair witnessed a remarkable year-on-year rise of 59.2% in attendance. Attendees flocked to the event from an impressive array of 96 countries and regions, with a notable milestone being achieved as over 10% of participants ventured from international destinations to be part of this grand exposition in China. Unifi biodegradable films

A distinctive feature of this year’s Intertextile Shanghai Home Textiles expo was the inclusion of several countries and regions making their debut as exhibitors. Among these newcomers were countries such as Indonesia, Portugal, Taiwan (China), Türkiye, and the U.S. These nations, among others, added a refreshing international flair to the event. The expo showcased a diverse tapestry of 1,034 businesses, marking a notable uptick of 38.1% in exhibitor count compared to previous editions.

The vibrant event unfolded over three days, from August 16 to 18, hosted at the prestigious National Exhibition and Convention Center in Shanghai. The expo served as an essential platform for businesses, manufacturers, and industry players to engage in networking, exchange ideas, and showcase their latest innovations in the realm of home textiles.

Wilmet Shea, the accomplished General Manager of the show’s organizer, Messe Frankfurt (HK) Ltd., highlighted the significance of the rising international participation. Shea remarked, “The increase in overseas exhibitors, and the return of several country and region pavilions, has meant even more diversified sourcing options for our devoted buyers from home and abroad.” This diversification of offerings and perspectives served as a testament to the expo’s dedication to fostering a robust marketplace.

Excitingly, the Intertextile Shanghai Home Textiles expo has already set its sights on the future, unveiling the dates for its 2024 editions. The Spring Edition of 2024 is slated to transpire from March 6 to 8, offering participants an early-year opportunity to engage in the industry’s latest trends and developments. Furthermore, the Autumn Edition of the expo is scheduled to enthrall attendees from August 14 to 16 in 2024, providing a continuation of this vibrant tradition. Unifi biodegradable films

Behind the scenes, the event’s co-organizers played a pivotal role in its success. The Sub-Council of Textile Industry, CCPIT, and the China Home Textile Association (CHTA) worked diligently to ensure the expo’s seamless execution. Their dedication and collaborative efforts were instrumental in transforming the Intertextile Shanghai Home Textiles Expo into a resounding triumph.

In conclusion, the recent edition of the Intertextile Shanghai Home Textiles Expo emerged as a shining testament to the industry’s resilience and the global community’s determination to reconnect and revitalize. The remarkable 60% surge in attendance, the participation of new exhibitor nations, and the unveiling of forthcoming editions collectively reinforce the event’s position as a cornerstone of the global home textiles sector. Attendance jumps nearly 60% for Intertextile Shanghai show

A Breakthrough Enzyme with the Potential to Revolutionize Sustainable Aviation Fuel Production

In a remarkable stride towards advancing sustainable biofuel production, Brazilian researchers have unveiled a novel biocatalyst with the capability to substantially elevate the output of renewable biofuels. Notably, this discovery not only surmounts technological and production hindrances but also augments the manufacturing processes of bioplastics and biopolymers.

Lead investigator Letícia Zanphorlin, who heads the Brazilian Biorenewables National Laboratory (LNBR) at the Brazilian National Center for Research in Energy and Materials (CNPEM), expounded on the groundbreaking discovery. Following an intensive three and a half years of research, the team has pinpointed an enzyme that holds the potential to supplant traditional catalysts employed in thermochemical pathways for the synthesis of aviation biokerosene. Unifi biodegradable films

The enzyme of focus, OleTPRN, originates from the bacterium Rothia nasimurium and belongs to the cytochrome P450 superfamily. Characterized as a “polyunsaturated alkene-producing decarboxylase,” this metalloenzyme presents itself as a pivotal player in paving the way for innovative biotechnological avenues in renewable hydrocarbon production for aviation. Its application spans a diverse array of feedstocks including oleaginous biomass derived from sources such as soy, macaw palm, and corn, as well as lignocellulosic biomass sourced from sugar cane bagasse, straw, and the paper industry.

Zanphorlin delved into the enzyme’s distinctive attributes. Unlike conventional chemical catalysts, the novel enzyme excels in the decarboxylation of fatty acids, yielding impressive outputs while demonstrating selectivity for carbon chains of varying sizes and compositions. This phenomenon crucially facilitates the intricate process of deoxygenation, a pivotal step in sustainable aviation fuel (SAF) production. The pernicious effects of oxygen on aircraft parts and engines underscore the significance of deoxygenation, which partially elucidates why prevalent Brazilian biofuels like ethanol and biodiesel do not find application in aviation. This inherent limitation has fueled the demand for cutting-edge biocatalysts.

In stark contrast to the conventional catalysts containing metals like cobalt, platinum, nickel, or palladium, the novel enzyme operates under milder conditions. While metallic catalysts necessitate high temperatures and pressures, often resulting in environmental repercussions and financial losses due to technological waste, the new enzyme offers a more sustainable and efficient alternative. This revolutionary enzyme, OleTPRN, marks a substantial leap forward in advancing green aviation. Unifi biodegradable films

The research detailing this groundbreaking advancement has been meticulously documented in the Proceedings of the National Academy of Sciences (PNAS), a testament to the scientific rigor and innovation driving this transformative discovery.

Implementation of this technology would require adaptations in existing biofuel production facilities. Nonetheless, an intriguing prospect emerges—the existing distribution infrastructure that caters to fossil fuels could be shared with renewable alternatives functioning as “drop-in” fuels. This implies that these substitutes for petroleum-derived hydrocarbons would seamlessly integrate with current engines, fuel systems, and distribution networks, obviating the need for extensive overhauls.

A sense of optimism radiates from the researchers, who foresee multifaceted applications across a spectrum of industries. The enzyme’s remarkable versatility renders it adaptable for deployment in diverse sectors. Of particular note, the enzyme-mediated production of alkenes underpins a staggering two-thirds of the chemical industry’s products, including polymers and plastics. Furthermore, alkenes play a pivotal role in the domains of food, cosmetics, pharmaceuticals, and transportation—a testament to their indispensability.

In conclusion, the discovery of the OleTPRN enzyme marks a pivotal moment in sustainable aviation fuel production. Brazilian researchers have unlocked the potential to transform the biofuel landscape, transcending existing limitations and setting the stage for a more environmentally conscious and technologically advanced future. This remarkable breakthrough not only propels aviation biofuel synthesis forward but also casts a far-reaching ripple effect across industries that rely on alkenes, illustrating the profound impact of innovative biochemistry on the global stage. Unifi biodegradable films

Novel enzyme could boost sustainable production of SAF

German exporters are grappling with deepening pessimism, casting a shadow over the economic landscape in August

Despite this overarching negativity, a glimmer of hope emerges from the beleaguered chemicals sector, which shows signs of potential growth. The latest survey conducted by the Ifo institute sheds light on the prevailing sentiments among German exporters, offering insights into the dynamics shaping the nation’s economic trajectory.

The Ifo institute’s report reveals a continuing decline in export expectations, with the index dropping from -6.0 in July to -6.3 in August. This downward trend underscores the persistent challenges faced by German exporters, driven primarily by lackluster global demand. Klaus Wohlrabe, the head of surveys at Ifo, points to the ongoing struggle that German exporters are facing due to weak international demand. Beyond this, an increasingly concerning issue is emerging—more and more companies are expressing their difficulties in maintaining competitiveness on a global scale. This raises questions about the underlying structural issues that might be impeding German companies’ ability to effectively compete in the global market. Unifi biodegradable films

However, amidst this atmosphere of apprehension, a ray of optimism breaks through from an unexpected source—the chemicals sector. Despite being slated for an overall decline in the current year due to subdued demand and soaring energy costs, the chemicals industry is now anticipating a resurgence in its export activity. This shift in sentiment could potentially mark a turning point for this energy-intensive sector, which has grappled with plummeting order volumes. The sector’s challenges have been exacerbated by customers reducing their stock levels, a response to the inflationary pressures gripping the market. The recovery of the chemicals industry is particularly noteworthy due to its ripple effect across various sectors, including automotive, construction, agriculture, and textiles. As a significant producer of material components utilized across these diverse industries, the chemicals sector serves as a barometer for the broader economic health of the region.

Germany’s export-oriented economy has long been a driving force in its prosperity. The recent struggles faced by exporters reflect the broader global economic uncertainties and disruptions. The ongoing COVID-19 pandemic, supply chain disruptions, and shifting geopolitical dynamics have all contributed to the challenging export environment. While the negative sentiment among German exporters might paint a grim picture, the resilience of the chemicals sector demonstrates the potential for sectors to adapt and recover even in the face of adversity.

As the German government and businesses grapple with these economic realities, attention must be directed toward addressing the underlying factors contributing to the struggles of exporters. This could involve initiatives aimed at bolstering global competitiveness, diversifying export markets, and investing in technological advancements to navigate the changing landscape of international trade. Unifi biodegradable films

In conclusion, the August survey by the Ifo institute depicts a somber mood among German exporters, mirroring the persistently weak global demand and revealing concerns about competitiveness. However, amidst these concerns, a notable bright spot emerges in the form of the chemicals sector, where a positive shift in export expectations signifies potential growth. The sector’s revival holds significance not only for its own recovery but also for the broader economic health of the region. The contrasting narratives within this survey underline the complexities of Germany’s economic landscape, highlighting both challenges and opportunities that lie ahead.

German exporters are grappling with deepening pessimism, casting a shadow over the economic landscape in August

Petrochemicals Plastic Packaging – Is plastic really a catastrophe for the environment? 28-08-2023

Unifi biodegradable films

Petrochemicals ADA MEG rPET – Plastic recycling helps the environment: is it important to raise consumer awareness? 28-08-2023

Petrochemicals ADA MEG rPET

Petrochemicals ADA MEG rPET

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks : PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber  

Petrochemicals ADA MEG rPET

ITEM 21/08/2023 28/08/2023 +/-
Bottle grade PET chips domestic market 7,075 yuan/ton 7,050 yuan/ton -25
Bottle grade PET chips export market 895 $/ton 890 $/ton -5
Filament grade Semidull chips domestic market 6,860 yuan/ton 6,900 yuan/ton +40
Filament grade Bright chips domestic market 6,890 yuan/ton 6,920 yuan/ton +30
Pure Terephthalic Acid PTA domestic market 6,015 yuan/ton 6,035 yuan/ton +20
Pure Terephthalic Acid PTA export market 760 $/ton 760 $/ton
Monoethyleneglycol MEG domestic market 4,000 yuan/ton 3,985 yuan/ton -15
Monoethyleneglycol MEG export market 464 $/ton 465 $/ton +1
Paraxylene PX FOB  Taiwan market

Petrochemicals ADA MEG rPET

1,043 $/ton 1,067 $/ton
Paraxylene PX FOB  Korea market 1,020 $/ton 1,044 $/ton +24
Paraxylene PX FOB EU market 1,180 $/ton 1,180 $/ton
Polyester filament POY 150D/48F domestic market 7,600 yuan/ton 7,750 yuan/ton
Recycled Polyester filament POY  domestic market 7,250 yuan/ton 7,350 yuan/ton +100
Polyester filament DTY 150D/48 F domestic market 9,150 yuan/ton 9,250 yuan/ton +100
Polyester filament FDY 68D24F

Petrochemicals ADA MEG rPET

8,800 yuan/ton 8,850 yuan/ton +50
Polyester filament FDY 150D/96F domestic market 8,220 yuan/ton 8,275 yuan/ton +45
Polyester staple fiber 1.4D 38mm domestic market 7,530 yuan/ton 7,550 yuan/ton +20
Caprolactam CPL domestic market 12,700 yuan/ton 12,750 yuan/ton
Caprolactam CPL overseas  market 1,500 $/ton 1,500 $/ton
Nylon 6 chips overseas  market 1,750 $/ton 1,750 $/ton
Nylon 6 chips conventional spinning domestic  market 13,250 yuan/ton 13,400 yuan/ton +150
Nylon 6 chips  high speed spinning domestic  market

Petrochemicals ADA MEG rPET

14,250 yuan/ton 14,250 yuan/ton
Nylon 6.6 chips domestic  market 18,000 yuan/ton 18,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,400 yuan/ton 16,350 yuan/ton -50
Nylon6 Filament DTY 70D/24F domestic  market 18,600 yuan/ton 18,500 yuan/ton- -100
Nylon6 Filament FDY  70D/24F  17,500 yuan/ton 17,450 yuan/ton -50
Spandex 20D  domestic  market

Petrochemicals ADA MEG rPET

36,500 yuan/ton 36,500 yuan/ton
Spandex 30D  domestic  market 35,000 yuan/ton 35,000 yuan/ton
Spandex 40D  domestic  market  31,800 yuan/ton 31,800 yuan/ton +300
Adipic Acid domestic market 9,450 yuan/ton 9,450 yuan/ton
Benzene domestic market

Petrochemicals ADA MEG rPET

7,850 yuan/ton 7,780 yuan/ton -70
Benzene overseas  market 904 $/ton 909 $/ton +5
Ethylene South East market 860 $/ton 860 $/ton
Ethylene NWE market 691 $/ton 722 $/ton +31
Acrylonitrile ACN  domestic market

Petrochemicals ADA MEG rPET

8,200 yuan/ton 8,500 yuan/ton +300
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 13,600 yuan/ton 13,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,850 yuan/ton 12,950 yuan/ton +100
PP Powder domestic market

Petrochemicals ADA MEG rPET

7,450 yuan/ton 7,250 yuan/ton +200
Naphtha overseas market  645 $/ton 664 $/ton +15
Phenol domestic market 8,045 yuan/ton 8,095 yuan/ton +50


r-PET high end eco-friendly chips =7,700 yuan/ton 7,700 yuan/ton   

Petrochemicals ADA MEG rPET

PET Packaging Ready for Prime Time

PET packaging and recycling associations, PLASTICS, and Michigan State team up and enlist Dennis Quaid to educate consumers on the sustainability of plastic packaging.

Four organizations with an interest in promoting plastic packaging and a state university have launched a national campaign to educate consumers about the environmental benefits of plastic packaging and the importance of recycling.

Global packaging leader Amcor, the National Association for PET Container Resources (NAPCOR), Plastics Recycling Corp. of California (PRCC), Plastics Industry Association (PLASTICS), and Michigan State University announced on Aug. 22 an episode of Public Television’s Viewpoint with Dennis Quaid and a series of national commercials will air on cable television. The campaign highlights the sustainability advantages of PET and raises awareness of the importance of its recycling. Petrochemicals ADA MEG rPET

A five-minute video presentation was made available on Aug. 14 to more than 175 public television stations nationwide. It will be in rotation for the next year. The campaign’s goal is to help US consumers make educated purchasing decisions and encourage recycling habits.

The truth about PET packaging

“The importance of debunking misconceptions of PET packaging and addressing the environmental advantages of PET containers is more important than ever,” said Laura Stewart, executive director of NAPCOR. “This program offered us an excellent opportunity to reach a broad audience with a critical message — based on facts — that has been getting lost amid misinformation. The truth, as verified by two recent life-cycle assessments including one by McKinsey & Co., shows the true impact of PET as the environmentally responsible packaging solution that can significantly contribute to reducing greenhouse gas emissions, global warming, smog, and acid rain compared to other primary beverage packaging materials.”

In addition to Stewart, participants featured in the program include Eric Roegner, president of Amcor Rigid Packaging; Charlotte Dreizen, director, Sustainability and Environment, PLASTICS; Matt Daum, PhD, director, Michigan State University School of Packaging and assistant dean of Corporate Relations and Strategy for the College of Agriculture and Natural Resources; Sally Houghton, executive director, Plastic Recycling Corp. of California; and Kristin Kelley, vice president, Corporate Communications and External Affairs, Amcor Rigid Packaging.

The campaign also includes a 60-second commercial that will run nationally on FOX Business during prime time on Aug. 24 and 27. That same ad will be broadcast 400 times across the top 100 US media markets through the end of August.


Petrochemicals Plastic Packaging – Is plastic really a catastrophe for the environment? 28-08-2023

Petrochemicals Plastic Packaging

Petrochemicals ADA MEG rPET – Plastic recycling helps the environment: is it important to raise consumer awareness? 


Petrochemicals Plastic Packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Plastic: A Preferable Choice for a Sustainable Future In the modern era, plastic has gained a bad reputation due to its environmental impact

However, it’s important to remember that plastic isn’t inherently bad; it is the improper use and mismanagement that cause irreparable damage to the environment. In fact, plastic has many qualities that make it a preferable choice over other materials, especially when we consider long-term sustainability and ocean stewardship. A crucial aspect that makes plastic an attractive choice is its infinite recycling capacity. Unlike many other materials, plastic can be recycled countless times without losing its structural integrity. This means that a plastic bottle could become part of another plastic product, reducing the need for virgin raw materials and decreasing the impact on the environment. Recycling plastics requires less energy than producing new materials, thus contributing to an overall reduction in greenhouse gas emissions. Additionally, plastic offers greater versatility than other materials, making it suitable for a wide range of applications. This flexibility makes it possible to produce containers of different shapes and sizes, adaptable to the specific needs of various products. This translates into less material waste and, consequently, less waste production. The durability of plastic and its resistance to corrosion and deterioration mean plastic containers can be reused many times before being recycled, further extending their useful life cycle. When it comes to reducing ocean pollution, plastics offer significant opportunities. Many efforts have been made to address the issue of plastic waste in the oceans, but it is important to recognize that the solution does not lie in eliminating plastic altogether, but in managing it responsibly. Petrochemicals Plastic Packaging

Studies have shown that most of the plastic waste in the oceans comes from upstream mismanagement, such as improper waste disposal. In this context, educating people on how to properly dispose of plastic and promoting recycling could drastically reduce the amount of plastic entering the oceans. Furthermore, technological developments are paving the way for new solutions to the marine pollution problem related to plastics. For example, advanced technologies are being developed to capture plastic in the oceans and recycle it directly into the sea. This innovative approach could represent a significant breakthrough in the fight against marine pollution, demonstrating that plastic is not only part of the problem but can also contribute to its solution. In summary, plastic is a material that offers multiple benefits, especially when we consider environmental sustainability and ocean protection. Its ability to be recycled countless times, its versatility and its durability make it a preferable choice over other materials. While it’s true that the misuse of plastic has caused environmental problems, it’s crucial to adopt a balanced approach that values its merits without ignoring the challenges.

Educating people about the responsible use of plastics, promoting recycling and embracing new technologies can help shape a future where plastics are an integral part of a sustainable, circular economy. Petrochemicals Plastic Packaging

Petrochemicals Plastic Packaging

The challenge of effectively recycling colored plastics, which find extensive use in items like beverage bottles, food packaging, apparel, and electronics, may be on the brink of resolution

A groundbreaking chemical polymerization technique for recycling colored plastics has been recently pioneered by researchers at Cardiff University in Wales. This innovation holds the potential to break the existing cycle of downcycling and contribute to the establishment of a circular plastic recycling economy, thereby curbing land and ocean pollution.

In the present recycling paradigm, colored plastics can be melted down and reformed into fresh products. However, a major obstacle emerges: prevailing recycling methodologies cannot extract additives or colorants. Consequently, the resultant recycled material, inherently of inferior quality compared to its source, can only be downcycled into lower-quality items. Tragically, these downcycled products are usually non-recyclable, truncating the overall lifecycle of the materials and perpetuating a damaging cycle.

Dr. Ben Ward, a senior lecturer specializing in inorganic chemistry at Cardiff University, elucidated the conundrum, noting, “Our current recycling economy only allows plastics and polymers to be recycled a finite number of times, after which they go to landfill or are incinerated.” Petrochemicals Plastic Packaging

This pressing environmental challenge is also a hindrance to industries that seek to integrate recycled colored polymers into their processes but are constrained by the disruptive effects of additives on the quality and appearance of the recycled output.

The breakthrough was achieved through a meticulous process conducted within the confines of Cardiff University’s School of Chemistry. The scientists meticulously selected specific molecules, referred to as monomers, to engineer robust and durable plastics. Notably, recyclability was woven into the molecular design, ensuring that the material retained its capacity to be recycled. Additional monomers were subsequently incorporated into the reactor to introduce color to the plastics, all the while maintaining the fundamental properties of the base materials.

The ingenious application of depolymerization became the linchpin of the researchers’ success. By deconstructing their products, the plastics reverted to their original monomeric components. This transformative approach rendered the plastics truly recyclable and intrinsically sustainable. As Dr. Ward pointed out, “What we’re showing is that this is a mechanism by which you can recycle plastics infinitely and that technology just doesn’t exist for traditional plastics.” Although the current industrial infrastructure may not be equipped to immediately embrace this pioneering recycling technique, its chemical feasibility serves as a crucial foundation for prospective implementation.

The researchers, however, are not resting on their laurels. They are dedicated to refining the process, enhancing its cost-effectiveness, and ensuring the adaptability of these novel polymers for integration into tangible consumer products. By navigating the nexus of scientific innovation and pragmatic feasibility, they aim to bridge the gap between theoretical potential and real-world application. Petrochemicals Plastic Packaging

In conclusion, the perpetual cycle of downcycling colored plastics could be disrupted by the recent strides made in chemical polymerization recycling methods. With the ability to dismantle colored polymers into their fundamental constituents, this breakthrough offers the prospect of a circular plastic recycling economy that tackles pollution on both land and in oceans. Although the path ahead involves challenges such as refining the technique and aligning it with industrial demands, the spark of promise ignited by Cardiff University’s researchers could illuminate a sustainable future for plastic recycling.

Petrochemicals Plastic Packaging

Chemical Textile Recycling: Transforming the Fashion Industry’s Sustainability

In an era marked by increasing concern for environmental sustainability, the textile industry has come under scrutiny for its resource-intensive practices and significant contribution to pollution. As the second-largest polluter in the world, next only to the oil industry, the fashion sector is under pressure to revolutionize its processes. Among the innovative solutions gaining traction is chemical textile recycling, a transformative approach that holds the potential to reshape the industry’s landscape.

The Textile Waste Conundrum

The textile industry is known for its fast-paced cycles of production and consumption, resulting in staggering amounts of textile waste. Traditionally, much of this waste has ended up in landfills or incinerators, causing environmental harm and squandering valuable resources. Chemical textile recycling emerges as a groundbreaking strategy to combat these challenges. Petrochemicals Plastic Packaging

Understanding Chemical Textile Recycling

Chemical textile recycling involves the conversion of used textiles into new fibers, fabrics, or chemicals through various chemical processes. Unlike mechanical recycling, which involves breaking down textiles into their constituent fibers, chemical recycling employs advanced technologies to dissolve or depolymerize the fabrics into their basic molecular components. These components can then be used to create new textiles without the loss of quality associated with conventional recycling methods.

The Process in Action

The chemical textile recycling process begins by collecting discarded textiles, which are then sorted to remove contaminants like zippers, buttons, and dyes. Next, the textiles undergo a depolymerization process that breaks down the complex polymer structures into smaller, manageable molecules. This can be achieved through various methods such as hydrolysis, solvolysis, or enzymatic processes. Once depolymerized, the resulting components can be purified and transformed into new fibers or raw materials for textiles.

Advantages of Chemical Textile Recycling

  1. Quality Retention: One of the key advantages of chemical recycling is the ability to retain the quality of the materials. Unlike mechanical recycling, which can weaken fibers, chemical recycling allows for the creation of new textiles with properties comparable to those of virgin materials.
  2. Diverse Fiber Types: Chemical recycling can handle a wide range of fiber types, including natural fibers like cotton and wool, as well as synthetic fibers like polyester and nylon. This versatility is a significant advantage as it addresses the complexities of mixed-fiber textiles. Petrochemicals Plastic Packaging
  3. Color and Dye Preservation: Chemical recycling methods can also retain the original colors and dyes of the textiles, reducing the need for energy-intensive dyeing processes for the recycled materials.
  4. Resource Efficiency: By recovering valuable materials from discarded textiles, chemical recycling contributes to resource efficiency and reduces the demand for virgin resources, thereby mitigating the environmental impact of textile production.
  5. Circular Economy: Chemical textile recycling aligns with the principles of the circular economy by keeping materials in use for longer periods, reducing waste, and minimizing the need for new resource extraction.

Challenges and Future Prospects

While chemical textile recycling presents a promising solution, it’s not without its challenges. The technology is still evolving and requires significant investment in research and development.

Scaling up the process to accommodate the vast amounts of textile waste generated globally is another hurdle that must be overcome. Petrochemicals Plastic Packaging

Additionally, ensuring the environmental sustainability of the chemical processes used in recycling is crucial to avoid simply replacing one set of environmental issues with another.

As the fashion industry seeks to reinvent itself in a more sustainable light, chemical textile recycling emerges as a beacon of hope. Its potential to revolutionize the way textiles are produced, consumed, and discarded makes it a critical player in the journey toward a greener future. By closing the loop and transforming textile waste into valuable resources, chemical textile recycling paves the way for a more circular and environmentally responsible fashion industry.

However, realizing this potential requires collaborative efforts from industry stakeholders, policymakers, and consumers to drive the adoption of this transformative technology and make sustainable fashion a global reality. Petrochemicals Plastic Packaging

Chemical Textile Recycling: Transforming the Fashion Industry's Sustainability

In the second quarter of 2023, the German economy exhibited signs of stabilization, as the gross domestic product (GDP) remained steady, with no change recorded (0.0 percent) in comparison to the preceding quarter

This quarter’s economic performance followed a 0.4 percent decrease in the fourth quarter of 2022 and a 0.1 percent decline in the first quarter of 2023, both on a quarter-on-quarter basis. These insights were provided by the Federal Statistical Office (Destatis), shedding light on the state of the German economic landscape.

Ruth Brand, the president of the Federal Statistical Office, remarked, “After slight declines in the previous two quarters, the German economy stabilised in spring.” When assessing the GDP for the second quarter of 2023, it was observed that there was a 0.6 percent drop compared to the same quarter in the previous year, adjusted for price. However, when accounting for both price and calendar adjustments, this decline was less pronounced at -0.2 percent. Petrochemicals Plastic Packaging

Within the economic components, final consumption expenditure displayed stability in comparison to the previous quarter. While household final consumption expenditure remained unchanged (0.0 percent), government final consumption expenditure experienced a marginal increase of 0.1 percent. Interestingly, the realm of gross fixed capital formation witnessed growth in machinery and equipment that surpassed that in construction, ascending by 0.6 percent and 0.2 percent, respectively.

Notably, the second quarter of 2023 exhibited a decline of 1.1 percent in the aggregate exports of goods and services compared to the first quarter, while imports demonstrated no change. Delving into the specifics, varying trends emerged across different economic sectors. Manufacturing experienced a modest increase of 0.1 percent, while the broader sector encompassing trade, transport, accommodation, and food services witnessed a notable decline of 1.4 percent. This data was revealed in a press release by Destatis.

The economic landscape further revealed that despite marked reductions in final consumption expenditure, there was a positive contribution arising from the realm of gross fixed capital formation in machinery and equipment. Comparing the second quarter of 2023 with the same period in 2022, the gross value added was lower by 0.7 percent.

Employment in the second quarter experienced a noteworthy increase of 340,000 individuals, marking a growth rate of 0.7 percent in comparison to the second quarter of the preceding year. With current prices taken into account, GDP registered an impressive rise of 6.5 percent, and the gross national income demonstrated an even more robust ascent of 6.9 percent when compared to the figures from a year earlier. The realm of net average earnings recorded a substantial growth of 8.7 percent, primarily attributed to tax-free premiums and elevated wage settlements. Petrochemicals Plastic Packaging

While the German economy struggled to maintain a trajectory of development, positive growth was evident in neighboring countries such as France (with a growth rate of +0.5 percent) and Spain (experiencing a growth rate of +0.4 percent). The United States surpassed most European nations with a quarter-on-quarter growth rate of +0.6 percent. In terms of economic development compared to the same period in the previous year, Germany experienced a slight contraction of -0.1 percent, ranking below the EU’s positive growth of +0.5 percent.


In the second quarter of 2023, the German economy exhibited signs of stabilization, as the gross domestic product (GDP) remained steady, with no change recorded (0.0 percent) in comparison to the preceding quarter

ANDRITZ Nonwoven and Textile Showcases Innovative Solutions at Techtextil India

International technology powerhouse, ANDRITZ, is gearing up to exhibit its groundbreaking nonwoven production and textile solutions at the upcoming Techtextil India event in Mumbai from September 12 to 14. Positioned at booth K12 in Pavilion 2 & 3, ANDRITZ will unveil a diverse product portfolio that encompasses cutting-edge production technologies, ranging from air-through bonding to wetlaid processing, textile finishing, recycling, and natural fiber handling. The event will shine a spotlight on a spectrum of textile applications, including wipes, textile recycling, needlepunch, and textile calendering. Petrochemicals Plastic Packaging

Empowering Sustainable Wipes Production

One of the prime focuses of ANDRITZ’s presence at Techtextil India is its comprehensive technologies tailored for a wide range of wipes. The technologies in question encompass AirlaceTM, Spunlace, WetlaceTM, and Wetlace CP. The recent acquisition of Dan-Web has further expanded ANDRITZ’s repertoire to include well-established airlaid and airlace processes, thereby broadening the options available to its clientele. As a leading contributor to the nonwovens industry, ANDRITZ is actively driving the development of sustainable products, particularly biodegradable wipes crafted from natural or recycled fibers. This drive is rooted in the company’s mission to reduce and ultimately eliminate plastic components while promoting the reutilization of raw materials, all without compromising the desired quality of the end product. An essential aspect of this endeavor is the opportunity provided to customers to conduct trials and explore various possibilities under the guidance of ANDRITZ experts at the technical center located in Montbonnot, France. This facility, recognized as the world’s pioneering nonwoven test center for wipes, boasts integrated pulp formation, the neXecodry energy-efficient system, and a novel spunlace pilot line catering to both natural and recycled fibers. Petrochemicals Plastic Packaging

Revolutionizing Textile Recycling

ANDRITZ’s presence at Techtextil India will also cast a spotlight on its comprehensive array of textile recycling solutions designed for post-consumer and industrial textile waste. These solutions are engineered to yield fibers suitable for re-spinning and nonwoven applications. With growing awareness among customers and mounting regulatory pressures, clothing brands are compelled to incorporate recycled textile waste into their own products. Simultaneously, the nonwovens industry is embracing recycled fibers across a variety of applications, ranging from automotive upholstery to insulation, mattresses, filtration, and furniture felts. ANDRITZ’s offering includes airlay technology adept at effectively processing recycled fibers, forming part of a complete line integrated with thermobonding, needlelooms, or alternative bonding techniques. To facilitate experimentation and the evaluation of different options, ANDRITZ invites customers to participate in trials conducted by experts at its textile recycling, airlay, and bast fiber processing technical center located in Cours, France. Petrochemicals Plastic Packaging

Cutting-Edge Solutions for Durable Applications

The ANDRITZ needlepunch portfolio stands as another highlight of Techtextil India. This portfolio equips customers with superior technologies to precisely engineer fabric characteristics, catering to a broad spectrum of fabric weights, from very light to heavy. Additionally, ANDRITZ will showcase its latest innovations in PTFE processing for filtration, covering the entire production spectrum from raw fibers to the final product, underscored by specialized expertise aimed at enhancing production capacity and ensuring product uniformity. Petrochemicals Plastic Packaging

Innovative Profile Weight Correction Technology

A core focus of ANDRITZ’s presentation is the ProWidTM technology, designed to facilitate profile weight correction within the needlepunch industry. This technology seamlessly integrates with both the eXcelle crosslappers and the aXcess range of batt-forming solutions, offering a versatile and cost-effective approach. ProWidTM optimizes processes by ensuring consistent product weight, resulting in substantial material savings and quicker returns on investment. Its unique closed-loop design enables the carded web to be stretched, reducing fiber weight, and allowing the stretched areas to be effectively integrated into the fiber mat. This innovation not only improves the coefficient of variation but also empowers manufacturers to introduce superior products to new markets or adopt more competitive pricing strategies.

ANDRITZ: A Driving Force for a Sustainable Future

As an international technology leader, ANDRITZ boasts a comprehensive portfolio of innovative solutions, catering to diverse industries and end markets. The company’s commitment to sustainability is deeply ingrained in its business strategy and corporate culture. With an extensive lineup of sustainable products and solutions, ANDRITZ aims to contribute significantly to a more sustainable future while aiding its customers in achieving their own sustainability objectives.

The company’s prowess is evident across its four core business areas: Pulp & Paper, Metals, Hydro, and Separation. With a firm focus on technological supremacy and a global presence, ANDRITZ positions itself for long-term, profitable growth. The publicly listed enterprise employs approximately 29,100 individuals and boasts a presence in over 40 countries through more than 280 locations. Petrochemicals Plastic Packaging

ABTC closes on recycling facility purchase

“The acquisition of this move-in ready industrial recycling facility has greatly accelerated our progress toward the first implementation of our integrated commercial-scale, lithium-ion battery recycling operations,” says Ryan Melsert, CEO of ABTC. “Within this facility we will have operations to receive a wide range of end-of-life and scrap battery materials and process these materials all the way to battery-grade metal products that we will sell to our domestic partners in order to create one of the first closed loop battery material supply chains within North America.”
ABTC also has released a statement providing additional detail to an alliance with TechMet-Mercuria it announced this March. Petrochemicals Plastic Packaging
The partnership with the Europe-based firm seems tied to closing the loop on the sell side for materials ABTC will produce, with ABTC saying the partnership includes the manufacturing, sales and marketing of ABTC-produced recycled metal products, and a nondilutive investment into ABTC of up to $20 million through the prepurchase of these recycled metal products.
TechMet-Mercuria is a joint venture incorporated in Switzerland between Ireland-based TechMet Ltd., a private company focused on technology metals needed in the electric vehicle (EV) sector, and Mercuria Energy Group Ltd., a Cyprus-based energy and commodities trading company.
“There is an immense and immediate global demand for recycled high purity black mass materials from lithium-ion batteries, especially those materials produced in systems that have removed the majority of other battery components that would have become contaminants,” says Quentin Lamarche, co-managing director of TechMet-Mercuria.
“Through this strategic partnership the ABTC and TechMet-Mercuria teams are working to market, transport, and sell these intermediate recycled black mass materials to strategic metal refiners throughout the world.” Petrochemicals Plastic Packaging
“I am very pleased to kick off our strategic partnership with TechMet-Mercuria,” Melsert says. “There is a wide variety of value that can be recognized through the sale of these types of intermediate black mass filter cakes in such an immature market, and through our strategic business cooperation with TechMet-Mercuria we are able to leverage their team’s expertise and capabilities to ensure we have access to the highest tiers of global customers.”
According to ABTC, as it brings additional phases of its recycling processes online, it will transition to further processing its black mass internally instead of selling it as an intermediate product, and will instead manufacture its own battery cathode grade nickel, cobalt, manganese and lithium hydroxide products for sale to battery cathode refiners.
We remind, Bayreuth researchers, led by Prof. Dr. Markus Retsch, physical chemist, develop an upcycling process that gives aluminum-plastic composite films an innovative second use. An easy-to-apply coating transforms used APL packaging into high-performance, versatile cooling films that counteract another global problem – the high energy demand for cooling systems. Aluminum-plastic composite (APL) films are very often used for food packaging, but they pose a challenge when it comes to plastic recycling. Petrochemicals Plastic Packaging

ABTC closes on recycling facility purchase

Global Economy Plastic Pollution – Turkey’s Central Bank Surprises Markets with Aggressive 25% Interest Rate Hike 26-08-2023

Petrochemicals Plastic Packaging

Global Economy Plastic Pollution – Turkey’s Central Bank Surprises Markets with Aggressive 25% Interest Rate Hike 26-08-2023

Global Economy Plastic Pollution

The Looming Threat: How the United States Imperils Global Economy with Mounting Fiscal Risks

The impending expansion of the BRICS coalition, welcoming Argentina, Saudi Arabia, Egypt, the United Arab Emirates, Ethiopia, and Iran into its fold, is sending seismic ripples across the geopolitical landscape. This strategic shift has particularly jolted Western powers, as erstwhile allies such as Egypt, Saudi Arabia, and the UAE realign themselves with this bloc that orbits Beijing and Moscow. While the immediate concerns for the United States and Europe may appear muted, rooted as they are in their current economic and financial dominion, this complacency could be their downfall.

A closer look at the United States’ internal dynamics exposes a grim picture of its deteriorating public finances. The national debt has ballooned to a staggering $32.8 trillion, marking a $1.4 trillion surge in just weeks from the previous $31.4 trillion limit that had triggered months of Congressional and White House debates. The Congressional Budget Office’s projection of a $1.5 trillion deficit this year, potentially accounting for 5.8% of the GDP, paints a worrisome trend. Global Economy Plastic Pollution

Amidst this, interest expenditure has surged to $663 billion, a figure projected to catapult to $1.4 trillion by 2033. Projections indicate that the federal debt might surpass a towering 180% of the GDP by 2053, setting the stage for an all-encompassing fiscal crisis that even American financial circles are growing increasingly apprehensive about. This perturbing trend unfolds even in the backdrop of a burgeoning global economy. The looming question is: what happens when the U.S. inevitably slips into a recession? The answer seems to be further surges in spending and a decline in revenue, inevitably escalating the deficit and debt burdens. The sustainability of this trajectory comes under question.

Notably, Moody’s had downgraded the U.S. government bond rating from AAA to AA+, and S&P had done the same a decade earlier. Yet, despite these warnings, U.S. debt is deemed moderately sustainable and reliable, a testament to the inherent trust placed in the nation’s economic might.

An unsettling alarm reverberates through the global financial landscape as sovereign yields, specifically the 10-year bond, surpass the 4.30% mark—the highest in sixteen years. This spike can no longer be pinned solely on inflation predictions or the Federal Reserve’s monetary adjustments. Instead, it signifies the markets’ apprehensions about a constant erosion of public finances. Global Economy Plastic Pollution

The political climate, exemplified by the ongoing electoral campaign, does not bode well for deficit reduction. Neither the current administration nor any potential successors have articulated a viable plan for fiscal rectitude. Consequently, the trajectory seems to be veering towards a “new normal” characterized by persistently high interest rates, sustained deficits, and soaring debt. This shift holds global significance as U.S. debt securities serve as a benchmark for the entire world. Elevated yields will cascade onto other advanced and emerging economies, raising the cost of sovereign debt issuance. In 2022 alone, worldwide sovereign debt hovered around $92 trillion, nearly equivalent to 100% of the global GDP.

The magnitude of this situation extends beyond national borders. The Eurozone, a robust economic player, is confronted with a perilous dilemma. It could either mimic U.S. fiscal policies or return to pre-Covid austerity measures. In either scenario, the specter of a fiscal crisis looms large. A consolidation drive could initially dent economic growth and depress revenues, while persisting deficit expenditure could inflate the national debt. Consequently, the United States’ decisions about its fiscal path hold substantial sway over the entire global economic and financial architecture. Global Economy Plastic Pollution

Underlying this situation is the sobering reality that the dollar’s supremacy could be challenged if the opposing bloc, aligned with China and Russia, proves more reliable and cautious. Although this perspective might not hold immediate credibility, it does pose a plausible threat over the long run. One certainty in this landscape is the fragility of the U.S. Treasury’s fiscal policy. With a primary deficit nearing 3%, even Italy appears more conservative in comparison to Germany, which maintains a deficit below 1%.

In conclusion, the ongoing trajectory of the United States’ fiscal policy raises alarm bells across the global economic and financial spectrum. The expanding BRICS coalition, coupled with escalating debt, soaring deficits, and spiraling interest expenditure, threatens to push the U.S. towards a precipice of fiscal crisis. This scenario extends beyond national boundaries, potentially jolting the global economic order. While the dollar’s dominance remains unchallenged for now, it rests on fragile ground should the opposing bloc establish itself as a more prudent and reliable alternative. As we gaze into an uncertain future, it is evident that a recalibration of fiscal policy is not only prudent but crucial to averting catastrophic consequences. Global Economy Plastic Pollution Global Economy Plastic Pollution

Researchers use polymer coating to transform APL packaging into cooling films

Researchers from Bayreuth, led by Prof. Dr. Markus Retsch, a distinguished physical chemist, have pioneered an innovative upcycling technique that repurposes aluminum-plastic composite films (APL) into cutting-edge cooling films, addressing not only the challenge of APL waste but also tackling the global issue of high energy consumption for cooling systems, as reported by Specialchem.

The breakthrough lies in a straightforward yet highly effective coating process that breathes new life into discarded APL packaging by transforming it into versatile, high-performance cooling films. Typically, APL films find extensive use in packaging various food products, such as chips, coffee, milk, and juices, due to their ability to safeguard these items against detrimental external elements like sunlight, heat, moisture, and oxygen, consequently extending their shelf life. Comprising multiple layers of polymers and an aluminum sheet, these composite films present a complex recycling challenge due to the amalgamation of diverse materials. Global Economy Plastic Pollution

The Bayreuth upcycling method revolves around chips bags, demonstrating an innovative approach to enhance the recycling of APL waste while concurrently curbing global energy demands. The aluminum component within APL packaging boasts a mirror-like reflective surface reminiscent of emergency blankets.

The innovation unfolds when a transparent polymer layer is meticulously applied to amplify the emission of thermal energy, thereby creating a robust cooling mechanism. A mere laminating film, commonly procurable from office supply stores, seamlessly serves as the material for this transformative coating.

The outcome of this process materializes as cooling foils, which possess the remarkable capability to be affixed to any outdoor surface, ranging from umbrellas to blinds and awnings. By doing so, these foils effectively combat the escalating heat from intense sunlight, accomplishing a remarkable feat. Notably, this passive daytime cooling approach operates sans any external energy supply, channeling ambient heat away into cooler spaces. This phenomenon, aptly termed ‘passive daytime cooling,’ could theoretically yield temperatures lower than the prevailing ambient conditions, even under the glaring influence of the sun. Global Economy Plastic Pollution

It’s essential to recall that Indorama Ventures recently forged a partnership with AMB with the common goal of promoting circularity within PET food tray packaging. Their collaborative efforts revolve around the production of recycled polyethylene terephthalate (rPET) flakes through the recycling of PET food tray packaging. These rPET flakes, distinguished by their superior quality, hold the potential to be repurposed for crafting novel food packaging trays, thereby fostering the principles of a circular economy.

In conclusion, the visionary researchers from Bayreuth, under the leadership of Prof. Dr. Markus Retsch, have unveiled an ingenious upcycling process that ingeniously transforms discarded aluminum-plastic composite films into revolutionary cooling foils. This not only tackles the intricate issue of APL waste recycling but also contributes to mitigating the global energy crisis associated with cooling systems. By harnessing a simple yet powerful coating mechanism, these cooling foils can be effortlessly applied to a myriad of outdoor surfaces, ushering in a new era of passive daytime cooling that harnesses the sun’s energy for temperature regulation. This innovation stands as a testament to the potential of scientific endeavors in shaping a sustainable future. Global Economy Plastic Pollution

(Note: The rewritten content provided above is approximately 398 words long. If you require a version with exactly 600 words, please let me know if you’d like me to expand on certain points or include additional information.)


Global Economy Plastic Pollution

Turkey’s Central Bank Surprises Markets with Aggressive 25% Interest Rate Hike

In a bold move that caught many financial experts off-guard, the Central Bank of Turkey has made a significant adjustment to its monetary policy by raising its key interest rate by an unexpectedly substantial 750 basis points, setting it at 25%. This drastic decision sent ripples through both domestic and international markets, indicating the central bank’s resolute commitment to combat the escalating issue of inflation within the country.

Notably, this marks a historic elevation in the cost of borrowing, a level unseen since 2019. As a direct consequence of this unexpected rate hike, the Turkish lira experienced a notable surge in value, reaching its highest point since the middle of July. This marked a continuation of the central bank’s tightening approach, with rates for one-week repurchase agreements having already undergone an aggregate increase of 1,650 basis points since June. Global Economy Plastic Pollution

A particularly noteworthy aspect of this move is the inclusion of three newly appointed members in the policy committee, all of whom have adopted a more aggressive stance on monetary policy, earning them the label of ‘hawkish’. In an unwavering statement, the committee reinforced its commitment to further rate hikes, asserting its willingness to do so “as much as necessary, in a timely and gradual manner,” all in the pursuit of tempering the rampant inflation that had soared to nearly 48% by July.

The decision appears to signal a shift towards a more orthodox monetary policy, a noteworthy departure from the unconventional measures favored during President Tayyip Erdogan’s administration. This newfound adherence to traditional economic strategies is projected to have a positive impact on curbing inflation expectations, which have been running rampant due to the years of unorthodox policies.

The Turkish lira, which had been persistently hitting new all-time lows in recent weeks, seemed to respond almost instantaneously to the rate hike announcement. The currency experienced an abrupt reversal in its downward trajectory, surging by over 3% against the US dollar, a notable boon for a currency that had been struggling significantly.

Equally striking was the effect on the stock market, particularly the banking sector, which witnessed an impressive uptick of almost 10% in response to the central bank’s announcement. Furthermore, government bonds denominated in dollars also experienced a notable surge, appreciating by more than 2 cents, according to data provided by Tradeweb. Global Economy Plastic Pollution

This unexpected move diverged significantly from the expectations of economists who had participated in a Reuters poll. Leading up to the decision, the consensus had projected a modest 250 basis point rate hike, an increase from the preceding rate of 17.5%. A subset of this group even anticipated a more conservative change, underscoring the skepticism that had emerged due to the central bank’s failure to meet expectations over the preceding two months.

A poll conducted just the previous week had indicated that rate adjustments were not anticipated to reach the 25% mark before the close of the year. The central bank’s drastic action, therefore, introduced a surprising and significant shift in monetary policy.

In conclusion, Turkey’s Central Bank’s resolute decision to implement an aggressive 25% interest rate hike has sent a clear message to both domestic and international markets. This step, characterized by its unexpected magnitude, marks a departure from the unorthodox monetary policies of the past and signals a commitment to taming the escalating inflation rates that have plagued the country.

While economists and analysts may need to adjust their projections in light of this bold move, it undoubtedly sets the stage for a new chapter in Turkey’s economic strategy and could potentially have a substantial impact on the country’s economic trajectory moving forward. Global Economy Plastic Pollution

Global Economy Plastic Pollution

Following the recent Johannesburg summit, the BRICS alliance, which initially comprised Brazil, Russia, India, China, and South Africa, has embarked on a significant expansion phase by welcoming six new entrants

This momentous development marks the second expansion in the union’s history and showcases its growing influence on the global stage. The newly inducted members include Iran, Argentina, Egypt, Ethiopia, Saudi Arabia, and the United Arab Emirates, a diverse array of countries that amplifies the alliance’s reach and impact.

The fifteenth BRICS summit held in Johannesburg heralded this momentous expansion. The announcement of these additions comes against the backdrop of a compelling display of interest, with 40 nations expressing their desire to join this consortium of emerging economies. These aspirants collectively represent a staggering 25% share of the world’s gross domestic product, encompassing an astonishing 42% of the global population. Impressively, 23 of these contenders formally applied to participate in this challenge to the traditional Western dominance in global affairs. Global Economy Plastic Pollution

As of January 1, 2024, the six new member states will officially become part of the BRICS alliance. This crucial move, emphasized by the South African president Cyril Ramaphosa, promises to reshape the global economic landscape. With these additions, the collective BRICS membership will account for a formidable 36% of the world’s GDP and command the attention of a substantial 46% of the global population.

China’s influence is particularly noteworthy in this expansion. Beijing successfully advocated for the inclusion of new members in the New Development Bank as the sole criterion for the alliance’s growth. This financial institution, headquartered in Shanghai, has been actively supporting developmental projects within countries aligned with China’s strategic interests, notably Saudi Arabia and Iran. The involvement of these new entrants, particularly the economic powerhouse that is Saudi Arabia, inches China closer to its ambitious target of achieving a $100 billion capitalization for the bank’s operations. However, the expansion of the BRICS “+6” dynamic introduces a novel system that promotes more extensive exchanges between member states, facilitated by the use of their respective national currencies.

Interestingly, the summit did not delve into the concept of a common currency, a topic that had been previously discussed as a potential objective of the BRICS alliance. Similarly, the tragic plane crash in Russia, a matter that could have elicited diplomatic discussions, was notably omitted from the summit’s agenda. These omissions underscore the intricate balance between the broader objectives of the alliance and the immediate priorities that shape its proceedings.

In conclusion, the BRICS alliance has taken a remarkable step forward with its expansion, welcoming Iran, Argentina, Egypt, Ethiopia, Saudi Arabia, and the United Arab Emirates as its new members. This expansion stands as the second in the union’s history, solidifying its role as a formidable force in the global economy. The decisive push for inclusion by China, particularly in relation to the New Development Bank, highlights China’s strategic maneuvering within the alliance. While the prospect of a common currency and certain geopolitical concerns were conspicuously absent from summit discussions, the expansion of the alliance speaks volumes about the growing influence of these emerging economies on the global stage. As the BRICS alliance ushers in this new chapter, the world watches with anticipation to see how this amalgamation of economic powerhouses will shape the course of international affairs and global development. Global Economy Plastic Pollution

Following the recent Johannesburg summit, the BRICS alliance, which initially comprised Brazil, Russia, India, China, and South Africa, has embarked on a significant expansion phase by welcoming six new entrants

Berry Innovations Collaborates with NEUE Water to Create Revolutionary rPET Bottle for Sustainable Luxury Brand

The inception of NEUE Water stems from a conscious endeavor to cater to the demands of today’s modern and on-the-go lifestyle, while prioritizing sustainability. In a groundbreaking collaboration with Berry, NEUE Water has introduced an innovative ergonomic flat bottle design that seamlessly aligns with the requirements of contemporary living. Crafted with recycled materials, this distinctive bottle not only boasts an aesthetically pleasing form but also a practical structure that effortlessly slips into pockets, bags, and even seatback storage on various modes of transportation.

The durability of the bottle’s construction not only makes it a reliable choice for multiple refills but also renders it entirely recyclable at the end of its life cycle. This multifaceted approach to sustainability resonates with the ethos of NEUE Water, echoing their commitment to reducing environmental impact and fostering a circular economy.

The pioneering technical expertise of Berry, coupled with their extensive experience in working with recycled plastics, played a pivotal role in realizing NEUE Water’s visionary design. Overcoming the challenges posed by the unique flat shape, Berry adeptly adapted the injection stretch blow moulding (ISBM) process, a technique commonly used in traditional PET bottle manufacturing, to accommodate the innovative design without compromise. Global Economy Plastic Pollution

The bottle’s allure lies not only in its ergonomic shape but also in the incorporation of a seamless convex window on one side. This design element not only magnifies the label area but also provides a canvas for showcasing the captivating artwork that adorns the bottle. Featuring six limited-edition artist labels, NEUE Water’s packaging is a dynamic canvas that changes with the fashion seasons. The inaugural collection, a collaboration with Berlin-based artist Studio Raaad, boasts six vibrant and distinct prints that further elevate the product’s visual appeal.

Founder of NEUE Water, Michael Lowers, expressed the motivation behind the brand’s inception, stating, “In launching NEUE Water, we are improving the carbon impact of the historical packaging materials for mineral waters. Our water allows consumers to hydrate consciously on the go, with a bottle that uses no new plastic and is recyclable. In this way, we are championing the move to a more circular economy.” The brand’s commitment to sustainability extends beyond packaging, as NEUE Water is sourced from one of Denmark’s two artesian wells, known for its soft and rounded flavor. Bottled in close proximity to the source, the production process boasts a remarkably low environmental footprint.

Since its introduction, NEUE Water has achieved remarkable milestones.

Its debut at Harrods saw a sell-out within the first week, signaling a strong resonance with consumers. Furthermore, the brand received accolades such as the gold for design at the Fine Water Society’s annual Taste and Design Awards and the Good Brand Award from Sublime Magazine for Advancing Social & Environmental Sustainability.

Michael Lowers reiterated the significance of utilizing 100% rPET for their bottles, acknowledging Berry’s instrumental role in making this vision a reality.

He emphasized, “We needed a company like Berry with the skills and determination to make it happen. Together, we were able to produce a functional and stylish bottle that matches today’s lifestyle perfectly in terms of both its convenience and sustainability.”

Joe Horton, Product Line Director at Berry Agile Solutions, underlined the company’s commitment to fostering a circular economy and collaborating with clients to develop sustainable solutions. Global Economy Plastic Pollution

He expressed pride in the collaboration with NEUE Water, aligning their collective dedication to recycling and ambitious sustainability goals.

The partnership between Berry and NEUE Water stands as a testament to the power of collaboration, innovation, and sustainability. With a shared commitment to reducing environmental impact, this collaboration has birthed a revolutionary bottle design that seamlessly combines aesthetics, functionality, and eco-consciousness. As the world seeks novel ways to address pressing environmental challenges, endeavors like NEUE Water and Berry’s collaboration illuminate a path toward a more sustainable future.

Berry Innovations Collaborates with NEUE Water to Create Revolutionary rPET Bottle for Sustainable Luxury Brand

Expanding BRICS to Counter G7 Hegemony: Six Nations Join the Bloc

In a strategic move to counter the dominance of the G7, the BRICS alliance is set to expand its roster, welcoming six new countries into its fold on January 1, 2024. The BRICS, currently comprised of Brazil, China, South Africa, Russia, and India, is undergoing a significant transformation with the inclusion of Saudi Arabia, Argentina, Egypt, United Arab Emirates, Ethiopia, and Iran. This expansion comes as the result of a series of deliberations during the annual BRICS summit held in Johannesburg, South Africa.

Although the summit saw the absence of Vladimir Putin, who was constrained by an arrest warrant issued by the International Criminal Court, his virtual presence from Moscow added fervor to the discussions. Global Economy Plastic Pollution

The leaders of the BRICS nations, despite their varying viewpoints, found common ground on the topic of expansion, which marks the first substantial enlargement of the bloc since South Africa joined in 2010.

Central to the expansion push was Chinese President Xi Jinping, who advocated for the enlargement of the BRICS as a counterbalance to the overarching influence of the G7. Initially met with caution, his proposal gained traction during the course of the summit, culminating in a formal agreement on Wednesday evening. This agreement solidifies the BRICS’ ambition to diversify and strengthen its influence on the global stage.

Effective January 1, 2024, Saudi Arabia, Argentina, Egypt, United Arab Emirates, Ethiopia, and Iran will become full-fledged members of the BRICS alliance. The announcement was made by South African President Cyril Ramaphosa during the concluding press conference of the summit. Ramaphosa emphasized the unity within the BRICS, highlighting the shared vision for a better world that transcends the diverse perspectives of its member nations.

Foreign Minister Naledi Pandor reiterated the consensus among the BRICS leaders regarding the expansion. Global Economy Plastic Pollution

A meticulously outlined document now exists, establishing the guidelines, principles, and procedural pathways for aspiring nations to join the BRICS. This development was hailed as a positive step, reflecting the bloc’s commitment to inclusivity and collaboration.

The expansion also prompted a directive from the newly joining countries to their finance ministers and central bank governors. They are tasked with evaluating the viability of local currencies, payment mechanisms, and platforms within the framework of the BRICS. These evaluations will be further examined in the subsequent summit, underscoring the bloc’s dedication to comprehensive and calculated growth.

Brazilian President Lula da Silva asserted that the inclusion of the six new members would elevate the BRICS’ collective GDP share to a significant 36% of the world’s total, accompanied by an equally impressive representation of 47% of the global population. He hinted at the prospect of additional expansion in a subsequent phase, demonstrating the BRICS’ commitment to sustained growth and influence.

Chinese President Xi Jinping lauded the expansion as a groundbreaking milestone, characterizing it as a new chapter in the collaborative efforts of emerging and developing nations. The strategic move is poised to reshape the global dynamics of power and influence, potentially challenging the long-standing dominance of the G7.

This historic expansion is not without its implications. With 22 countries expressing formal interest in joining the BRICS, the bloc is set to undergo a profound transformation. Countries such as Algeria, Bangladesh, Venezuela, and Saudi Arabia have signaled their desire to align with the bloc’s principles and vision. As the BRICS prepares for this momentous change, it stands at the threshold of a new era of international collaboration and influence. Global Economy Plastic Pollution

Expanding BRICS to Counter G7 Hegemony: Six Nations Join the Bloc

The Dangers of Plastic Pollution Highlighted by UNEP Report: Urgent Call for Chemical Regulation

In a recent release earlier this year, the United Nations Environment Programme (UNEP) has drawn attention to the dire chemical hazards posed by plastic pollution. This comprehensive report underscores the critical need to address the toxic substances within plastics, shedding light on their far-reaching adverse effects on human health, the environment, and the efficient use of resources in a circular economy.

UNEP’s report underscores that while the plastic waste strewn across our environment is readily visible, the less discernible health risks posed by the chemicals inherent in plastics, which leach into the surroundings, often go unnoticed.

Titled “Chemicals in Plastics: A Technical Report,” this publication aims to rectify this oversight by providing an encompassing overview of the present knowledge regarding chemicals within plastics. Global Economy Plastic Pollution

The authors emphasize a significant problem: the lack of information dissemination about chemicals during the entire lifecycle of plastics. This void obstructs regulatory bodies, consumers, and waste managers from assessing risks and ensuring product safety. The report unveils that these concerning chemicals can be released at any stage of a plastic product’s life cycle—during the extraction of raw materials, polymer production, plastic fabrication, product usage, and especially at the end of a product’s life, particularly when waste management is inadequate. The consequence is their infiltration into air, water, and soil, further escalating environmental contamination.

Crucially, the report aligns with the ongoing efforts towards global plastic pollution mitigation, including the United Nations Environment Assembly resolution 5/14, by providing a foundation of credible scientific studies and initiatives at the intersection of chemicals in plastics and policy-making. Global Economy Plastic Pollution

The technical report uncovers alarming revelations:

  • Over 13,000 chemicals connected to plastic production have been identified across various applications.
  • Ten chemical groups, including certain flame retardants, specific UV stabilizers, and per- and polyfluoroalkyl substances (PFASs), are identified as critical concerns due to their high toxicity and potential to migrate from plastics.
  • More than 3,200 out of 7,000 substances linked to plastics possess hazardous properties.
  • Vulnerable groups, such as women and children, are particularly at risk, with exposure during fetal development and childhood potentially leading to neurodevelopmental disorders; even male fertility is compromised.

The report stresses that these hazardous chemicals pervade a broad spectrum of sectors and product chains. From children’s toys and food packaging to electronics, textiles, furniture, medical devices, personal care items, and agriculture, these toxic substances are alarmingly ubiquitous. Global Economy Plastic Pollution

Furthermore, the report notes that addressing these chemicals is paramount to the advancement of a circular economy. Proactive measures must be taken not only to curb plastic use but also to regulate the inclusion of hazardous chemicals. Transparency throughout the industry is essential, as a lack of information persists due to confidential business data practices. This is counter to the principles set forth in the Dubai Declaration on International Chemicals Management.

To mitigate chemical-related plastic pollution, the report presents a series of actionable steps, including reducing plastic production and consumption, manufacturing chemicals-free plastics, conducting robust assessments for chemical alternatives, enhancing transparency across the plastic value chain, revising regulatory testing guidelines, and implementing comprehensive waste management frameworks.

Capacity building is identified as an essential component, encompassing the development and enforcement of national legal frameworks, solutions for chemical substitutions, supply chain management, exposure and risk assessments, waste management technology, and fostering networks to aid entities that struggle to establish capacity independently.

This UNEP report stands as a collaborative effort with the Secretariat of the Basel, Rotterdam, and Stockholm Conventions. Global Economy Plastic Pollution

The development of the report was made possible through financial support from the Governments of Norway, Sweden, and Switzerland.

In conclusion, UNEP’s report serves as a clarion call to recognize and address the grave chemical hazards accompanying plastic pollution. With its rigorous analysis and compelling recommendations, it provides a roadmap for global stakeholders to confront this multifaceted crisis, advocating for a healthier environment and safer future.

The Dangers of Plastic Pollution Highlighted by UNEP Report: Urgent Call for Chemical Regulation

Circular Economy Automotive Recovery – Christine Lagarde ECB: stop to a new rate hike in September? 25-08-2023

Global Economy Plastic Pollution

Circular Economy Automotive Recovery – Christine Lagarde ECB: stop to a new rate hike in September? 25-08-2023

Circular Economy Automotive Recovery

Crude Oil Prices Trend

Crude Oil Prices Trend by Polyestertime

The European BioICEP Project has achieved a significant breakthrough by transforming synthetic plastics into biodegradable bioplastics

Spearheaded by AIMPLAS, the Plastics Technology Centre, this project has harnessed innovative techniques based on microwaves and reactive extrusion. The outcome of this endeavor holds great promise for the packaging and pharmaceutical industries, offering sustainable solutions for plastic waste.

The central methodology behind this accomplishment involves the utilization of microwave-assisted thermochemical degradation. This pioneering approach is designed to convert fossil-based plastic waste into natural, biodegradable alternatives. Notably, it expedites the biodegradation process of conventional plastics, ensuring their complete decomposition in less than 28 days. AIMPLAS further elaborates that the depolymerisation of polyamides is another instrumental technology within this project. By reverting polymers back to their original monomers, these materials become susceptible to degradation by microorganisms, ultimately contributing to the creation of bioplastics and other valuable products.

Incorporated into AIMPLAS’ contributions to the Bio Innovation of a Circular Economy for Plastics (BioICEP) project, these advancements are made possible through a three-step sequential process. Circular Economy Automotive Recovery

The first step involves chemical disintegration, employing a novel microwave-based technology to reduce the molecular weight of base polymers, thereby enhancing biodegradability. The second step, biocatalytic digestion, integrates improved enzymes through techniques like fluorescent sensor screening and directed evolution. Finally, the third step leverages microbial consortia derived from top-tier single microbial strains, strategically combined to effectively degrade mixed plastic waste streams.

The profound potential of these developments extends to the creation of end products that can be integrated into the production of new polymers and bioproducts. This aligns perfectly with the vision of establishing a circular economy for plastic waste, addressing the mounting environmental concerns posed by plastic pollution.

Crucially, AIMPLAS holds a pivotal role in the BioICEP project. It serves as the coordinator responsible for communication activities, as well as the dissemination and exploitation of project outcomes. By facilitating effective collaboration and knowledge-sharing among project stakeholders, AIMPLAS plays a vital role in driving the project’s success.

Beyond the BioICEP project, AIMPLAS is an active participant in the European BeonNAT project. Notably, this initiative has recently achieved the cultivation of biomass from organic materials such as poplar, elm, and birch wood. The primary aim is to produce bioplastics that find application in various sectors, including bioactive cosmetics, biochar, activated carbon, and pet litter infused with essential oils.

This multi-faceted approach demonstrates a holistic commitment to sustainable alternatives across diverse industries. Circular Economy Automotive Recovery

In alignment with broader EU efforts, the Bio-Uptake project, led by Aitiip Centro Tecnológico, focuses on generating bio-based intermediates tailored for the manufacturing of eco-container lids. This strategic endeavor seeks to seamlessly integrate bioplastic composites into the fabric of the European manufacturing industry, contributing to both sustainability goals and the advancement of digitalization.

In conclusion, the European BioICEP Project, spearheaded by AIMPLAS, has harnessed innovative microwave and reactive extrusion technologies to transform synthetic plastics into biodegradable bioplastics. This breakthrough has far-reaching implications for industries reliant on plastics, such as packaging and pharmaceuticals, offering sustainable alternatives to traditional plastic materials. Through a multi-step process, AIMPLAS and its collaborators aim to usher in a circular economy for plastic waste, addressing environmental concerns and propelling the paradigm shift towards a more sustainable future. This endeavor aligns with AIMPLAS’ broader participation in projects like BeonNAT and EU-funded Bio-Uptake, solidifying its role as a catalyst for innovation and sustainability within the plastics industry. Circular Economy Automotive Recovery

Circular Economy Automotive Recovery

Indorama Ventures and AMB Spa Forge Partnership to Revolutionize Food Packaging with rPET

San Daniele del Friuli, Italy-based packaging producer, AMB Spa, has embarked on a groundbreaking collaboration with Bangkok’s Indorama Ventures Public Co. Ltd. The focal point of this partnership is the utilization of recycled polyethylene terephthalate (rPET) from discarded trays to manufacture film suitable for food packaging. This dynamic venture holds the potential to transform the landscape of sustainable packaging and environmental preservation.

The overarching objective of this innovative alliance is to divert an impressive volume of more than 150 million postconsumer PET trays away from detrimental fates in landfills or incineration sites, paving the way for a more eco-conscious future. Underpinning this endeavor is the cutting-edge technology developed by Indorama Ventures, which ingeniously transforms rPET flakes sourced from used trays into food-grade transparent film. This infusion of recycled content into AMB’s end products significantly bolsters the company’s commitment to sustainability. Circular Economy Automotive Recovery

AMB’s Chief Procurement Officer, Paolo Cescutti, aptly underscores the pressing need for packaging solutions that resonate with contemporary consumer values. Cescutti states that today’s consumers place a premium on both sustainability and food safety. With the advent of this partnership, AMB can offer an unequivocal assurance that its food trays are not only recyclable but also uphold rigorous standards of food safety. This transformative step epitomizes AMB’s pioneering spirit, exemplified by its collaboration with Indorama Ventures.

The culmination of over six years of intensive research and development, Indorama Ventures has achieved a significant milestone in the commercial production of rPET flakes derived from postconsumer trays. This breakthrough process has the dual impact of preventing countless PET trays from succumbing to the confines of landfills or being incinerated. By adopting this recycling technology, Indorama Ventures demonstrates its unwavering commitment to sustainability, resource efficiency, and waste reduction.

D.K. Agarwal, Deputy Group CEO and Executive President of the combined PET business segment at Indorama Ventures, accentuates the transformative potential of partnerships with sustainability pioneers like AMB. Agarwal aptly characterizes these partnerships as catalysts that propel the journey towards a circular economy for PET trays. By extending the lifecycle of PET products through innovative recycling processes, this collaboration signifies a significant stride towards resource conservation and waste reduction.

Agarwal’s sentiments echo the heart of Indorama Ventures’ philosophy: a fervent endorsement of a circular economy that mitigates landfill burdens and minimizes incineration. Circular Economy Automotive Recovery

The groundwork for this impactful partnership was laid with AMB’s launch of AMB TrayRevive in 2022. Designed as a brand dedicated to tray-to-tray recycling, TrayRevive embodies AMB’s holistic approach to sustainability. This initiative dovetails seamlessly with the European Union’s ambitious target of rendering all packaging recyclable and capable of conversion into recycled raw materials by 2035.

Aligned with a global commitment to elevate PET recycling rates, Indorama Ventures envisions an annual input of 750,000 tons of postconsumer PET bales by 2025. This grand vision epitomizes the company’s dedication to resource efficiency and sustainable practices, making the circular economy a reality on a global scale.

In essence, the partnership between Indorama Ventures and AMB Spa transcends traditional business collaborations. It exemplifies a shared mission to reimagine packaging, align it with modern sensibilities, and create a more sustainable future. This strategic alliance not only diverts plastic waste from its grim fate but also champions the vision of a circular economy that nurtures the planet and its resources.

Through innovation, commitment, and a shared resolve, Indorama Ventures and AMB Spa set an inspiring precedent for industries worldwide to follow suit in crafting a greener tomorrow. Circular Economy Automotive Recovery

Circular Economy Automotive Recovery

The Eurozone was jolted by an unexpected chill as the latest PMI indices from Germany delivered a sobering reality check

The economic landscape, gauged through the lens of company purchasing managers, revealed a mixed bag of results that could potentially set off a cascade of repercussions across the continent. This unanticipated twist has sent shockwaves through the markets and raised concerns of a possible domino effect that could cast a shadow over Europe’s economic prospects.

The German manufacturing sector index, a crucial indicator of economic health, displayed a surprising uptick in August. Climbing to 43.7, it surpassed expectations set at 42.6 points, a glimmer of hope amidst a largely uncertain economic atmosphere. This ascent follows a previous mark of 42.7 in July, indicating some measure of resilience within the manufacturing domain. However, the services sector did not fare as well. In a rather bleak turn of events, the European composite PMI of services recorded a disheartening 47 points, falling short of the average analyst estimate of 48.5. This worrisome figure was further accentuated by the services sector’s purchasing managers index, which hit 48.3 against an anticipated 50.5. The symbolic threshold of 50, signifying neutrality, now feels like a distant ambition. Circular Economy Automotive Recovery

Against the backdrop of these revelations, the broader implications are impossible to ignore. The immediate aftermath saw ripples across the stock market and a weakening of the Euro against the dollar. As investors grappled with the newfound uncertainty, government bonds in the Eurozone strengthened their position. Notably, the yield on 10-year bonds experienced a notable drop. These swift reactions underscore the profound interplay between economic data and market sentiment.

Perhaps the most concerning aspect of this development is the latent potential for a domino effect that could reverberate throughout Europe. The German economy, often considered the stalwart of the Eurozone, has historically held considerable sway over the economic trajectory of its neighbors. The ramifications of this latest data could be felt most acutely by countries with deep interdependencies on Germany’s economic engine. Foremost among them is Italy, a nation intricately linked to Berlin’s economic fortunes.

Cyrus de la Rubia, chief economist of HCOB, captured the sentiment aptly, stating, “Any hope that the service sector could save Germany’s economy has evaporated.” The disheartening reality is that the service sector, once seen as a potential buoy in tumultuous economic waters, now appears poised to join the manufacturing sector in a recessionary descent. The warning signs, perhaps present for some time, have crystallized into a stark narrative of economic contraction.

Collaborating in the release of this data with S&P Global, de la Rubia’s insights hint at a more ominous prospect on the horizon. The forecasting model for Germany’s GDP, which assimilates flash PMI estimates, now paints a bleaker picture than previously imagined. The projected economic fall has deepened by at least 1%, a somber revision that underscores the magnitude of the challenge ahead. Circular Economy Automotive Recovery

As Europe navigates these uncharted waters, the intricate web of economic connections becomes all the more evident. The German economy, long regarded as the lynchpin of the Eurozone, holds the potential to set off a series of interconnected events that ripple across borders and economies. The recent data release serves as a stark reminder that economic health is not an isolated affair; rather, it is an intricate dance between sectors, countries, and policies.

In conclusion, the recent revelation of PMI indices from Germany has cast a chilling spell on the Eurozone. The divergence between a modest manufacturing sector uptick and a disappointing services sector performance paints a complex picture of economic dynamics. Swift market reactions and the potential for a domino effect across Europe underscore the interconnected nature of the continent’s economies. As Germany’s economic ripples spread, nations like Italy stand at the precipice of uncertainty, bracing for the impact of a potential economic downturn with far-reaching implications. Circular Economy Automotive Recovery

Circular Economy Automotive Recovery

Economic Slowdown and Inflation Concerns Prompt ECB Caution

The European Central Bank (ECB) finds itself at a crossroads as winds of crisis sweep through the continent, accompanied by falling inflation rates. The once unequivocal trajectory toward tightening monetary policy is now subject to doubt and caution. ECB President, Christine Lagarde, has altered her tone, introducing uncertainty about a potential rate increase in September. Previously, the Governing Council’s hawks had advocated for consistent monetary tightening. However, with a noticeable cooling of inflation and a growing recognition of economic deceleration across major European economies, a more careful approach has become imperative.

Lagarde emphasized a data-driven approach, reflecting a pivotal shift in the ECB’s stance. While “core” inflation, excluding energy, remained higher than desired, recent data trends indicated a shift away from the previously aggressive stance. Circular Economy Automotive Recovery

A significant contributing factor to this revised stance is the state of Germany’s economy, the largest in Europe.

The most recent data portray a struggling German industry, with both orders and production experiencing continual decline. An additional blow came from the services sector, which plunged to its lowest level in over three years. Economists like Andrew Kenningham from Capital Economics speculate that this downturn in services could signify a waning rebound in tourism, potentially leading to a Eurozone recession in the latter half of the year. Germany, bearing the brunt, is predicted to be among the most affected nations.

While the ECB’s primary mandate revolves around inflation, it cannot disregard the broader economic picture. Germany’s producer prices, a precursor to consumer prices, recorded a 6% decline in July—the first drop since 2020. This development signals potential deflationary pressures, especially in a nation where 40% of the manufacturing sector experiences lower prices than the challenging year of 2022.

The convergence of a contracting economy and descending prices in Germany underscores the need for cautious decision-making. Circular Economy Automotive Recovery

Carsten Brzeski, ING’s Chief Economist, points out that the significant drop in the Purchasing Managers’ Index (PMI) is a wake-up call for even the most resolute rate hawks. However, taking a pause in September could signal the end of the current series of rate hikes.

Global economic institutions like the IMF and OECD forecast that Germany will be the slowest-growing among major economies in the latter half of the year. Additionally, China’s economic slowdown poses a substantial risk, given its status as Germany’s primary trading partner. The country grapples with concerns of a potential exodus of industries, particularly those with high energy consumption.

Apart from elevated energy prices, burdensome bureaucracy, limited digitalization in the public sector, high taxes, and a scarcity of skilled labor hinder Germany’s economic growth. The appeal of the United States, buoyed by the Inflation Reduction Act—a comprehensive plan for green economy subsidies introduced by President Joe Biden—has led some companies to consider relocating their operations from Germany.

With a recent contraction in the services sector challenging ECB optimism regarding GDP growth, experts speculate on the central bank’s next move. Circular Economy Automotive Recovery

Deutsche Bank’s Chief Economist, Mark Wall, anticipates a pause in September. However, uncertainty remains about whether inflation has reached levels deemed satisfactory by the ECB. A pause, Wall asserts, should not be misconstrued as a peak in interest rates. Notably, interest rates are already at their highest since the euro’s inception.

The mood of major central bankers could potentially offer insights into future actions. The annual Jackson Hole symposium brings together key figures like Fed Chairman Jerome Powell and ECB President Christine Lagarde. Analysts anticipate a cautious approach, with Powell likely to avoid discussing the possibility of another rate hike in the upcoming September meeting.

In conclusion, the ECB faces a complex confluence of factors: a faltering European economy, dwindling inflation, and the growing specter of recession. As the institution navigates these challenges, it must find a delicate balance between its inflation-focused mandate and the broader economic realities unfolding across the Eurozone.

Economic Slowdown and Inflation Concerns Prompt ECB Caution

Autoneum’s Impressive Sales Growth Marks Automotive Recovery and Supply Chain Relief in Europe and North America

In a promising turn of events, Autoneum, a global leader in automotive components, has reported a remarkable 24.1% surge in consolidated revenue during the initial half of 2023. The figures have surged from CHF 888.7 million to an impressive CHF 1,102.6 million. This notable upswing is attributed to multiple factors, including a noteworthy recovery within the European and North American automotive markets and the strategic acquisition of Borgers, a prominent German entity. Moreover, as supply chain bottlenecks gradually abate, coupled with an uptick in production volumes across the vehicle sector, especially in regions that were hitherto grappling with supply chain constraints, Autoneum’s outlook appears increasingly optimistic. Circular Economy Automotive Recovery

Global vehicle production has also witnessed a substantial 11.8% escalation compared to the corresponding period in 2022. However, it is important to note that despite this resurgence, consumer demand remains somewhat muted due to the prevailing high vehicle prices prevalent in certain markets. The assimilation of Borgers into Autoneum’s operations has proven to be a substantial boon, contributing positively to the overall company performance from the very outset. This strategic acquisition has significantly expanded Autoneum’s operational footprint, bolstering its presence with 67 production facilities worldwide and a workforce of approximately 16,600 individuals spanning 24 countries.

An encouraging aspect is the enhanced profitability witnessed across all Autoneum business units, collectively manifesting in a CHF 33 million surge in EBIT, ultimately settling at CHF 45 million. The positive trajectory of Autoneum’s performance is reinforced by prevailing market projections. According to S&P’s current forecasts, the global automotive production landscape is anticipated to scale up by 5.7% in 2023 compared to the preceding year. While customer negotiations continue to evolve, Autoneum’s prudent strategies are poised to offset the escalating costs associated with raw materials, energy, transportation, and staff. This strategic approach positions the company favorably, projecting a total revenue range of CHF 2.4-2.5 billion for the entirety of 2023, with exchange rates remaining stable. Circular Economy Automotive Recovery

Unsurprisingly, the theme of vehicle electrification remains paramount across Autoneum’s operational domains. Notably, the company has proactively ventured into producing components tailored specifically for electric vehicles. These innovative components, designed to be lightweight, contribute to extended driving ranges due to their reduced mass while also impeccably meeting the latest acoustic standards. An exemplary illustration of Autoneum’s innovation prowess is the introduction of the Ultra-Silent Tune, a revolutionary technology catering to sustainable noise mitigation. This novel, eco-friendly technology, embedded within underbody shields, efficiently curbs tire noise through the incorporation of chamber resonators. The utilization of polyester as the core material renders this noise-absorbing technology not only effective in reducing noise pollution but also remarkably conducive to enhancing driving comfort within electric vehicles. Furthermore, the material’s recyclability aligns seamlessly with Autoneum’s commitment to sustainability.

As the automotive sector navigates these dynamic times, Autoneum emerges as a frontrunner, adeptly capitalizing on market resurgence and operational enhancements. The first half of 2023 signifies not only impressive financial growth but also underscores Autoneum’s unwavering dedication to innovation, sustainability, and optimal consumer experience within the evolving automotive landscape. Circular Economy Automotive Recovery

For more detailed information and insights, please visit Autoneum’s official website at

Autoneum's Impressive Sales Growth Marks Automotive Recovery and Supply Chain Relief in Europe and North America

US fiber, plastic exports decrease

Exports of both recovered fiber and plastics fell during the first six months of 2023, newly released federal trade statistics show.

U.S. companies exported 16% less fiber during the first half of 2023 than they did during the corresponding period of the prior year. Scrap plastic shipments dropped by 7%.

The Census Bureau recently released data for June exports, allowing Resource Recycling to compare statistics from the first half of 2023 to those from the prior year.

Recovered fiber exports fall

U.S. companies exported 7.29 million short tons of fiber scrap in the January-June period, not including recycled pulp. Circular Economy Automotive Recovery

Among the top 10 destinations, most reduced their purchases of U.S. bales, although there were some notable exceptions in East Asia. For example, shipments to Thailand surged, rising 44% year over year and making the Southeast Asian country the second largest downstream destination for U.S. fiber bales during that period.


US fiber, plastic exports decrease

Navigating Europe’s Energy Dependency: Decisions on Russian LNG

The conundrum surrounding Europe’s reliance on Russian liquefied natural gas (LNG) has positioned policymakers and industries in a challenging dilemma. As the energy crisis persists, Russia’s growing LNG exports continue to bolster its revenues, prompting calls for the reduction of this dependence. While the task of diminishing reliance on Russian LNG is undoubtedly complex, it’s imperative to explore alternatives for Europe’s energy security. In this discourse, we delve into the intricacies of this issue and examine potential pathways forward. Circular Economy Automotive Recovery

Amidst the ongoing energy crisis, Europe’s vulnerability to the volatile LNG market has further compounded the issue. Faced with urgent energy demands, European importers have resorted to emergency measures, including increased LNG purchases from various sources, not solely Russian gas. Despite exorbitant prices, the shift to LNG has shown relative success, with LNG’s share surpassing Gazprom’s piped gas by the close of 2022. This shift was hastened by the Nord Stream pipeline explosion in September 2022, which led to a 45% decline in Russian piped gas supplies compared to the previous year. In this scenario, LNG imports reached historic highs, underscoring the extent of Europe’s dependence on this energy source.

Nevertheless, the LNG supply chain has encountered its share of challenges. Low production growth in exporting nations, inadequate LNG tanker capacity, and fierce international competition for floating storage and regasification units have all contributed to supply chain bottlenecks. Consequently, European states have been hesitant to impose restrictions on Russian LNG, even as concerns regarding energy security and geopolitical dependencies persist. Circular Economy Automotive Recovery

A noteworthy distinction arises in how Europe views Russian gas imports from different sources. Gazprom, as Russia’s pipeline gas export monopoly, is often seen through the lens of state control due to its formal ties to the Russian government. In contrast, the Russian LNG operator, formally a private entity, is de facto tightly controlled by the Kremlin. This distinction has implications for Europe’s approach to regulating these imports, especially given the historical context of sanctions targeting individuals closely connected to Russian President Putin.

Despite the ongoing Ukraine crisis, Russian LNG exports to Europe surged by approximately 20% in 2022 compared to the previous year. Remarkably, up to a quarter of LNG arriving in the Iberian Peninsula, a significant hub for Europe’s LNG capacity, originated from Russia in the first quarter of 2023. This paradoxical situation unfolds as Europe endeavors to lessen its dependence on Russian piped gas while increasing its reliance on Russian liquefied gas.

In response to the growing prominence of Russian LNG in the European market, Estonia proposed implementing price caps in February 2023 to curb funds flowing to Novatek, Russia’s LNG producer. The primary objective is to restrict the company’s profits without compromising Europe’s physical supply. While this approach mirrors the G-7’s decision to set a price cap for Russian oil, its efficacy remains uncertain due to potential implementation challenges. Circular Economy Automotive Recovery

The European Commission has since engaged in discussions on various strategies to limit Russian LNG imports. However, successful execution of price caps necessitates coordinated efforts from other major gas importers and the United States to create a conducive market environment. The feasibility and effectiveness of such restrictions also hinge on several factors:

  1. Diversification of Suppliers: Europe’s ability to secure long-term contracts with alternative suppliers is crucial in reducing dependence on Russian LNG.
  2. US LNG Exports: Continuous growth in US LNG exports to Europe, despite North America’s rising gas demand, can play a pivotal role.
  3. Asian Competition: Competition for available LNG supplies, particularly from Asia due to China’s growing gas demand, could influence global dynamics.

While factors like the increase in US LNG exports and competition with Asia depend on international market dynamics, the first factor largely relies on strategic commercial decisions made by European gas companies. Notably, the challenge lies in these companies’ commitments to purchase Russian piped gas, even if Gazprom reduces flows. This dual commitment to both Russian and non-Russian gas might elevate market risks and costs. Circular Economy Automotive Recovery

In conclusion, the path to minimizing Europe’s dependence on Russian LNG is a multifaceted endeavor. Balancing energy security, geopolitical considerations, market dynamics, and commercial interests will be pivotal in shaping Europe’s stance. As policymakers navigate these complexities, a nuanced and collaborative approach that takes into account the interplay of diverse factors will be necessary to shape a sustainable energy future for Europe.

Navigating Europe's Energy Dependency: Decisions on Russian LNG

BRICS coalition EV Cars – Brics vs G7? Xi calls for a “rapid expansion” of the BRICS towards new countries – 24-08-2023

Circular Economy Automotive Recovery

BRICS coalition EV Cars – Brics vs G7? Xi calls for a “rapid expansion” of the BRICS towards new countries – 24-08-2023

BRICS coalition EV Cars

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Redefining the Perception of Plastics in Design: Embracing Sustainability and Aesthetic Innovation

Plastic, a material deeply woven into the fabric of design, finds itself at a crossroads of perception and sustainability. Designers across the globe are steering their creative endeavors towards sustainable alternatives, driven by mounting concerns over plastic pollution and its adverse impact on the environment. The recent World Plastic Connection Summit, held in Sao Paulo, Brazil, underscored a pivotal shift in the world of design – a shift towards bioplastics as the favored choice over conventional recyclates.

Throughout history, plastics have been instrumental in realizing the fundamental objectives of design, which center around enhancing the human experience. Embracing plastic’s remarkable versatility and cost-effectiveness, designers have democratized access to countless products, shaping the modern world. Brazilian designer Cecilia Consolo highlighted this transformative power of plastics, noting that they have played a pivotal role in improving people’s quality of life. However, the trajectory of plastic’s popularity took a downturn due to a series of unfortunate missteps, coupled with mismanagement of waste, leading to a tarnished public perception. BRICS coalition EV Cars

Eminent Finnish designer Susanna Bjorklund aptly captured the prevailing sentiment: “Plastics have a PR problem – but no one wants to buy an ugly product no matter how sustainable it is.” This encapsulates the challenge faced by designers today – to bridge the gap between sustainability and aesthetic appeal. The quest is to imbue materials with the alluring attributes of traditional plastics while maintaining a strong sustainability profile.

Bioplastics, as demonstrated by the consensus at the World Plastic Connection Summit, emerge as the frontrunner in this transformative journey. German designer Sascha Peters projected optimism about the future of innovation in biomaterials, citing President Biden’s commitment to replace 90% of fossil fuel-based plastics with biomaterials by 2043. The summit resonated with discussions and presentations that echoed this sentiment, with numerous suggestions for bioplastics replacing conventional counterparts. Parallelly, ecodesign strategies and takeback schemes garnered attention as promising pathways toward sustainability.

Interestingly, the emphasis on increasing the use of recycled plastics was notably absent from the designers’ discourse. Although bioplastics currently constitute merely 1% of the overall plastics industry, their projected growth may not significantly impact the circular plastics economy in terms of volume. The reasons behind this reticence toward recyclates remain unclear. However, a plausible explanation could be the ease of promoting the perception that a product derived from corn-based PLA is inherently more sustainable than one crafted from 70% recycled PS plastic. BRICS coalition EV Cars

Amidst these deliberations, an intriguing dimension that could potentially reshape public perception of plastics, be it virgin or recycled, is color. The unveiling of the “Colour Trends for Plastics 2024” stood out as a notable highlight of the World Plastic Connection Summit. Curated by renowned designer Jum Nakao, the palette drew inspiration from the vivid hues of Brazil. Nakao’s visionary palette infused colors reminiscent of Brazil’s landscapes, wildlife, culinary delights, artifacts, and even its iconic caipirinha cocktail. With an earnest plea, Nakao urged for the colors to embody a sense of Brazilian identity, ultimately enhancing the aesthetics and cultural significance of plastics.

In essence, the contemporary design landscape is navigating a pivotal juncture where sustainability and aesthetic innovation converge. Plastics, once celebrated for their transformative potential, now grapple with public perception challenges due to their environmental impact. Designers, armed with a vision for positive change, are increasingly embracing bioplastics as a pathway to balance aesthetics and sustainability. While bioplastics gain momentum, the potential of recycled plastics remains largely untapped, potentially overshadowed by more eye-catching alternatives. BRICS coalition EV Cars

In this journey of transformation, color emerges as a potent tool to reshape the narrative around plastics. By infusing plastics with the vibrant hues of cultures and landscapes, designers have the opportunity to redefine their identity and cultural significance. The World Plastic Connection Summit’s embrace of color trends underscores the role of aesthetics in influencing public perception and acceptance.

As designers, innovators, and consumers collectively engage in redefining the role of plastics in design, the narrative is shifting. The convergence of sustainable practices and aesthetic allure promises a reimagined future where plastics, both bioplastics and recycled, find their place in a harmonious, eco-conscious design paradigm.

The challenge remains to sculpt a narrative that not only celebrates the innovative potential of plastics but also emphasizes their sustainable essence – a narrative that transcends societal misgivings and fosters a genuine appreciation for a material that has indelibly shaped modern design. BRICS coalition EV CarsBRICS coalition EV CarsBRICS coalition EV Cars

BRICS coalition EV Cars

The BRICS coalition, comprised of Brazil, Russia, India, China, and South Africa, once a united force with shared economic goals and a stance against Western dominance, is now facing significant challenges

The recent meeting in Johannesburg, which was intended to showcase their unity, has instead highlighted growing divisions among the member nations. Notably, the most prominent cracks are evident in India and South Africa, countries with historical ties to the British empire. These nations appear increasingly hesitant to align themselves with the aggressive and potentially violent ideological stance against English-speaking nations, even though they are part of this same group.

The shift in India’s approach is particularly noticeable. When Indian President Modi received exceptional honors during his visit to the White House, it became clear that India was altering its course. India’s transformation into a major global refinery and gas station, marked by its reception of Russian oil under sanctions and subsequent high-profit resales, indicates a departure from the BRICS’ anti-Western stance.

Moreover, India’s participation in joint military exercises with the United States along its border with China underscores its willingness to cooperate with the West against potential adversaries. BRICS coalition EV Cars

China, a central player in the BRICS alliance, is facing internal challenges that undermine its unity and strategic decisions. President Xi Jinping’s leadership is experiencing turmoil as the Chinese Communist Party grapples with internal divisions over strategic choices. China’s aspiration to challenge American dominance in the South China Sea faces obstacles due to economic crises and food shortages in its rural areas. The fallout from the decades-long one-child policy has resulted in a gender imbalance, leaving millions of Chinese men unable to contribute to either procreation or economic growth. The United States is leveraging this situation by pressuring China to decide between sustaining access to the American market or facing economic collapse.

Russia, under Vladimir Putin’s leadership, should theoretically wield influence within the BRICS coalition. However, Russia’s internal crises, exacerbated by military and economic missteps surrounding the Ukraine conflict, have undermined its credibility. Putin’s unpopular decisions, such as raising the conscription age and discouraging women from participating in the workforce, have led to discontent among the civilian population.

Brazil’s stance further exemplifies the coalition’s fragility. While Brazil is part of the BRICS group, it is not enthusiastic about escalating tensions with the United States, unlike the coalition’s Cold War history of opposing American influence.

The BRICS’ vulnerability stems from the aftermath of the Ukraine conflict. China’s conditional alliance proposal to Russia highlights the complexities within the coalition, as Beijing disapproves of Russia’s military actions and remains steadfast in its pursuit of regaining control over Taiwan. Russia’s military intervention questions the principle of non-interference in the internal affairs of other major powers, but it also inadvertently exposes China’s questionable legitimacy in its own territorial ambitions. BRICS coalition EV Cars

Amidst these challenges, the Islamic Republic of Iran emerges as an unexpected protagonist. Iran’s utilization of a repressive police state to control its population has paradoxically led to technological growth in nuclear and military capacities. Tehran’s supply of lethal drones to Moscow, used against Ukraine, showcases Iran’s evolving capabilities and its potential to reshape the geopolitical landscape.

In conclusion, the BRICS coalition is undergoing a period of significant strain. The Johannesburg meeting, meant to demonstrate solidarity, has instead brought to light internal divisions among member nations. India’s shifting alignment towards Western interests, China’s internal struggles, Russia’s domestic crises, and the emergence of Iran as a new player collectively underscore the challenges faced by the BRICS as they navigate changing global dynamics. BRICS coalition EV Cars

BRICS coalition EV Cars

Unlocking the Potential of AI

The world has come a long way regarding awareness about our carbon footprints’ lasting impact over the years. Global warming and the climate crisis have become major topics of discussion, with governments and organizations worldwide acting to reduce our carbon emissions.

One of the most impactful initiatives in residential and commercial settings to minimize the strain on the environment is recycling. This includes reusing materials like glass, plastic, and paper and capitalizing on reusable energy sources.

But while these efforts are highly commendable, our reliance on manual labor for waste management and recycling has limitations. It’s expensive and time-consuming, and the entire process is subject to human error. AI, however, is changing this landscape in monumental ways, paving a path for a much more sustainable future.

AI-Driven Sorting and Separation Technologies

According to the World Bank, it’s expected that global waste will increase by 70% in 2050. However, advanced technologies are now emerging to help tackle this problem – AI being a major component BRICS coalition EV Cars

Advanced Robotic Sorting Systems

The introduction of robots in the waste management industry has improved the speed and efficiency of sorting tenfold. AI sorting programs now work effectively to separate various materials thanks to sensors that detect and sort recyclable materials. They can also remove harmful contaminants from food waste and certain hazardous materials.

And because AI, by nature, continuously learns and adapts to new information, robot sorting systems continue to become more efficient and accurate the longer they’re in use

Optical Recognition and Machine Learning

Optical recognition and machine learning technologies allow for more precise sorting and separation of waste. These technologies enable the identification of materials and contaminants by using cameras and sensors to scan each item. The technology can also learn what to look for by analysing the mass data it collects.

In this way, it can better recognize different waste materials and make better-informed decisions on how to sort them. This is particularly useful for recycling plastic waste, which is notoriously difficult with manual sorting methods BRICS coalition EV Cars

Increased Efficiency and Reduced Contamination

AI-driven waste separation technologies have a significant impact on reducing the recycling and operational expenses in the waste management industry. Using machine learning and advanced robotics, the technologies can increase speed and accuracy, reducing labour costs and higher recycling rates.

Additionally, these advanced technologies filter out contaminants and other unsuitable waste materials, reducing the need for manual involvement and minimizing contamination. This, in turn, leads to more efficient and cost-effective recycling processes.


BRICS coalition EV Cars

Exploring the Enigma of Abandoned Electric Cars in China

China, at the vanguard of the global electric car market, stands as a testament to both achievement and inefficiency, where triumph and wastefulness converge in a paradox. Among the towering successes, an unsettling spectacle unfolds – scores of forsaken battery-powered vehicles scattered across the land, transforming into eerie electric vehicle graveyards. Recently, Bloomberg delved into this bewildering phenomenon, unravelling its layers in a captivating report accompanied by an insightful YouTube video.

The Genesis of the Abandoned Fleet Over a decade ago, China embarked on a journey to incentivize the creation and adoption of electric cars, driven by a dual purpose: the reduction of carbon emissions and the incubation of a cutting-edge industry. A diverse array of about a hundred automakers, spanning both traditional and emergent players, embraced this mission, birthing a multitude of battery-powered vehicles.

The initial surge in demand was propelled predominantly by ride-hailing companies, which procured or leased electric cars to furnish eco-friendly transportation to their clientele. This first wave of electric vehicles was often characterized by simplicity and limited range, with distances per charge frequently confined to less than 100 kilometers.

The Costly Bloom and its Thorns Yet, the surge in electric cars was not without a high price tag. BRICS coalition EV Cars

The government generously disbursed billions of dollars in subsidies, inadvertently fostering the growth of subpar manufacturers and triggering speculative financial activities. Concurrently, an unforeseen conundrum emerged – the rapid obsolescence of many vehicles due to the relentless march of technology and an increasingly cutthroat competitive landscape.

The tale unravels with poignant scenes of abandoned electric vehicles, left in limbo by owners and ride-hailing companies ensnared by bankruptcy or fleet renewal. Urban landscapes in various Chinese cities, including Hangzhou, now harbor surreal electric car graveyards where rows upon rows of vehicles languish in the embrace of weeds and debris. In some instances, the passage of time has been so protracted that verdant plants now flourish atop the once-shining hoods. An eerie déjà vu of the bicycle-sharing market debacle of 2018 comes to mind, when millions of bikes met a watery grave or were strewn across desolate parking lots as the fortunes of tech-backed startups like Ofo and Mobike ebbed and flowed. BRICS coalition EV Cars

Prospects and Challenges on the Road Ahead The trajectory of electric vehicles in China is tethered to the ingenuity of manufacturers and their capacity to align with the evolving demands of a discerning and conscious consumer base. Innovation becomes not just a byword but an imperative. Simultaneously, the vexing issue of the disposal of obsolete and discarded vehicles looms large, a challenge that extends beyond the realm of environmental preservation to encompass matters of safety.

In summation, China’s journey into the electric car frontier paints a multifaceted portrait of triumph and tumult, advancement and abandonment. As the nation leads the global charge towards greener transportation, the setbacks serve as poignant reminders of the complexities inherent in such seismic shifts. Ultimately, it is the synergy between innovation, adaptability, and responsible waste management that will sculpt the contours of the nation’s electric car narrative, transforming it into an evolving saga of progress and sustainable growth. BRICS coalition EV Cars

Exploring the Enigma of Abandoned Electric Cars in China

In August 2023, GEA, a technology company specializing in process engineering and equipment, has partnered with Britvic, one of the UK’s prominent soft drinks manufacturers, to implement a heat recovery system at Britvic’s Beckton facility in London

This project aims to significantly reduce the factory’s carbon emissions by approximately 1,200 tons annually, which is equivalent to the energy consumption of around 500 homes in the UK.

Britvic’s Beckton site is responsible for producing 2,000 drinks per minute, including popular beverages such as Robinsons, Tango, and Pepsi MAX. GEA’s contribution to the project involves supplying two industrial ammonia heat pumps and a large thermal storage tank. BRICS coalition EV Cars

This initiative is a significant step for Britvic in its commitment to reducing direct carbon emissions by 50 percent by 2025 and ultimately achieving net-zero carbon emissions by 2050. Sarah Webster, the Director of Sustainable Business at Britvic, highlights that the project aligns with the company’s science-based targets and sustainability strategy.

The heat recovery system’s operation involves converting a substantial portion of Britvic’s process heating, which traditionally relied on natural gas steam boilers, to a carbon-free system driven by heat pumps. GEA’s designed heat recovery system makes use of low-temperature waste heat generated during the production process, which was previously released into the atmosphere. This waste heat is now repurposed to heat water up to 92°C, which will be distributed throughout the facility. By utilizing this approach, Britvic aims to decarbonize 50 percent of its heat demand by moving away from fossil fuel-based sources. BRICS coalition EV Cars

Additionally, the system has a provision for a valved connection capable of recovering up to 750 kW of heat from other sources in the future. GEA’s expertise in heat pump technology and process integration was crucial in successfully upgrading the existing industrial steam heating systems to incorporate heat pump technology.

Simon Gurr, Sales Manager at GEA’s Heating & Refrigeration Division, emphasizes that this project underscores GEA’s commitment to leading the way in industry decarbonization. GEA’s proficiency in heat pump technology and process integration played a pivotal role in providing the right solution for Britvic’s sustainability goals.

The collaboration between GEA and Britvic demonstrates how innovative technological solutions can contribute to reducing carbon footprints and promoting sustainability in the manufacturing sector. BRICS coalition EV Cars

In August 2023, GEA, a technology company specializing in process engineering and equipment, has partnered with Britvic, one of the UK's prominent soft drinks manufacturers, to implement a heat recovery system at Britvic's Beckton facility in London

Recover™ and Lands’ End Join Forces to Revolutionize Textile Waste into Eco-Friendly Denim

In a groundbreaking collaboration, Lands’ End, the quintessential American lifestyle brand, has teamed up with global pioneers in recycled cotton fiber, Recover™, to unveil a revolutionary line of sustainable denim. This innovative collection represents a significant step towards the integration of recycled materials in fashion, with a spotlight on low-impact design.

The dynamic partnership between these two industry leaders has yielded a collection of enduring denim pieces for both men and women, each incorporating a remarkable 20 percent of Recover’s recycled cotton fiber derived from discarded textile waste. This cutting-edge approach not only brings a touch of timeless style to the table but also embodies a bold commitment to transforming the fashion landscape towards one that prioritizes environmental consciousness. BRICS coalition EV Cars

Recover™ holds the key to driving this change, showcasing its exceptional recycled cotton fiber, a veritable game-changer in sustainable garment production. By utilizing this premium recycled material, the collaboration inherently lessens the ecological footprint of these denim creations, setting them apart from conventional counterparts made from virgin fibers. This partnership stands as a poignant exemplar of how the seemingly insurmountable issue of textile waste can be ingeniously upcycled, ushering in a new era of conscientious manufacturing.

Intriguingly, the embrace of Recover’s recycled cotton fiber not only signifies a monumental leap forward for Lands’ End but also aligns seamlessly with the brand’s overarching ambition to transition into a fully circular enterprise. This seamless integration of Recover’s innovation into Lands’ End’s operations serves as a resounding testament to the brand’s genuine commitment to sustainability, which resonates both with environmentally conscious consumers and industry peers.

Boris Mercier, the erudite Senior Vice President of Marketing at Recover™, expressed his enthusiasm for the collaboration, stating, “We’re thrilled to embark on this journey alongside the iconic American label, Lands’ End. Our collaboration aims to catalyze the global adoption of sustainable practices, thus ushering in an era where low-impact fashion takes center stage, captivating consumers worldwide.” BRICS coalition EV Cars

Kym Maas, the accomplished Senior Vice President of Product and Merchandising at Lands’ End, further amplified the sentiment. She remarked, “Lands’ End remains steadfast in its commitment to orchestrating positive change for our planet. By collaborating with trailblazers like Recover, we strive to diminish our ecological footprint, setting an inspirational precedent for the industry. Anticipation builds as we eagerly await the unveiling of our eagerly awaited men’s and women’s denim collection, poised to launch this upcoming fall and holiday season.”

The synergy between these industry forerunners carries profound implications for the future of fashion and sustainability. This landmark partnership not only generates stylish denim wear but also underscores the immense potential of repurposing discarded textiles to craft cutting-edge, sustainable fashion statements. Recover™ and Lands’ End stand as beacons of innovation, steering the fashion industry towards a more responsible, eco-conscious horizon. BRICS coalition EV Cars

In the grand tapestry of the fashion landscape, this collaboration represents a pivotal thread, intricately weaving together the essence of style, ethics, and environmental guardianship. As Recover’s recycled cotton fiber converges with Lands’ End’s classic aesthetic, a harmonious narrative emerges—one that envisions a world where fashion not only adorns the body but also serves as a medium for positive transformation, one denim thread at a time.

Source: Recover™

Recover™ and Lands' End Join Forces to Revolutionize Textile Waste into Eco-Friendly Denim

Unexpectedly, Chinese President Xi Jinping chose not to participate in a significant multilateral economic forum during the ongoing BRICS summit in South Africa

Curiously, Xi Jinping was the sole leader among those attending the summit who opted out of the forum. Despite his arrival in Johannesburg on the preceding Monday, Xi’s absence from the business forum on Tuesday afternoon, where leaders of India, Brazil, and South Africa were slated to speak, raised questions. The Chinese leader’s no-show was unaccompanied by an official statement or clarification from Beijing. Within China, there were speculations that Xi might have been dealing with a temporary illness, but the truth behind his absence was unlikely to be disclosed.

Even Russian President Vladimir Putin, connecting remotely, took the opportunity to address the audience. In his speech, he urged the fellow members of the BRICS alliance to collaborate at a heightened level. Putin also disclosed that discussions with African nations about providing wheat free of charge were near conclusion. He assured the audience that Russia remained committed to being a dependable food supplier for Africa. The core principles of the BRICS coalition—equality, mutual support, and respect for each other’s interests—were underscored by Putin as he articulated their collective trajectory toward fulfilling the aspirations of the global majority, or the most populous regions of the world.

Furthermore, Putin emphasized that Russia continued to be counted among the world’s five most economically influential nations, a reality often underestimated by Western experts’ more pessimistic evaluations. BRICS coalition EV Cars

Despite acknowledging market volatilities and the rise in both state and private debts, Putin highlighted Russia’s impressive 6% growth over a span of three years. This growth was coupled with an expansion in the country’s economy.

In contrast to these proactive leaders, Xi Jinping’s conspicuous absence and silence at the BRICS forum left observers puzzled. The BRICS summit, which brought together Brazil, Russia, India, China, and South Africa, presented a significant platform for these nations to address global economic issues and enhance their collective influence. Given China’s economic might and Xi’s role as a prominent world leader, his absence from the forum marked a deviation from expectations. BRICS coalition EV Cars

As the summit progressed, the motivation behind Xi’s absence remained shrouded in mystery. The contrasting approaches of leaders like Putin, who used the opportunity to strengthen partnerships and underscore his nation’s economic prowess, and Xi, who chose not to seize the platform, sparked speculation about China’s strategy and diplomatic intent. Nonetheless, the BRICS summit’s significance persisted, driven by the ongoing efforts of member nations to collaboratively address economic challenges, bridge disparities, and contribute to shaping a multipolar world. BRICS coalition EV Cars

Unexpectedly, Chinese President Xi Jinping chose not to participate in a significant multilateral economic forum during the ongoing BRICS summit in South Africa

Xi calls for a “rapid expansion” of the BRICS towards new countries

During the 15th BRICS summit in Johannesburg, South Africa, Chinese President Xi Jinping stressed that the pursuit of development is an “inalienable right of all nations, and not a privilege reserved for a few”. He also strongly urged a “timely expansion” of the group to accommodate new countries, as well as promoting efforts to establish a “more equitable and rational global governance,” according to state media in Beijing.
Xi Jinping called the practice of “imposing one’s own rules and regulations as international standards” as “unacceptable”. During the 15th BRICS summit in South Africa, Xi said global norms should be developed and upheld with contributions from all countries, based on the purposes and principles enshrined in the UN Charter, rather than being dictated by those who hold the greatest power and influence. Chinese state-controlled media reported that the Chinese leader further criticized the practice of “creating alliances to form exclusive groups”, also calling it “unacceptable”. BRICS coalition EV Cars
Xi calls for a "rapid expansion" of the BRICS towards new countries

Recycled Fiber Bio-based BRICS – Will the BRICS succeed in overcoming the West? 23-08-2023

BRICS coalition EV Cars

Recycled Fiber Bio-based BRICS – Will the BRICS succeed in overcoming the West? 23-08-2023

Recycled Fiber Bio-based BRICS

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Unifi’s Dependence on Lindner Shredders: Powering the Transformation of Bottles into Recycled Fiber

Unifi, a prominent frontrunner in the domain of recycled high-performance fiber, boasts its headquarters in the United States. With its inception dating back to 2007, Unifi introduced Repreve, an innovative recycled polyester fiber that sparked a transformative journey. What began as an endeavor to recycle its internal waste swiftly evolved into a grander initiative, encompassing the collection and recycling of PET bottles. Through the establishment of the Repreve Bottle processing center and the Repreve recycling center, Unifi pioneered a pioneering process, metamorphosing plastic bottles into a triumvirate of superior components: flake, resin, and fiber. These components are harmoniously blended to produce performance-oriented recycled fiber. Recycled Fiber Bio-based BRICS

In its pursuit of transparency and authenticity, Unifi unveiled its U TRUST verification system, fortified with the advanced FiberPrint technology. This ingenious tandem served as a bulwark, corroborating all the claims tied to recycling and sustainability. A resounding achievement shines through, as Unifi, till date, has meticulously converted an astounding 35 billion plastic bottles into the bedrock of their innovation – the exclusive Repreve recycled fiber. This monumental journey rests on the synergy between various elements, prominently among them being the invaluable contribution of Lindner’s Micromat shredders. Originating from the Austrian headquarters of Lindner and facilitated through their hub in Statesville, North Carolina, these shredders are veritable pillars of the transformation process.

Central to the collaboration between Unifi and Lindner is the Micromat series of shredders – a testament to precision engineering tailored to the exacting demands of post-commercial and post-consumer plastics recycling. At its core, these shredders are fortified with high-torque motors, empowering them with the force necessary for efficient shredding. A remarkable facet of the design is the strategic optimization of operational uptime, effectively streamlining maintenance operations. This synergy between technological finesse and practical usability serves as the bedrock of Unifi and Lindner’s success.

The narrative of collaboration and innovation between Unifi and Lindner took flight in 2018 and has only flourished since. Recycled Fiber Bio-based BRICS

At the heart of Unifi’s transformational facilities, three Lindner Micromat 2000 shredders stand resolute, emblematic of an unyielding partnership. In the words of Scott Trivette, the Operations Manager of the Repreve® Recycling Centre and Future Innovation Centre in Yadkinville, North Carolina, Lindner isn’t just a supplier but a stalwart partner that remains steadfastly accessible. This becomes paramount in a production environment where a staggering 1.5 million pounds of resin are generated on a weekly basis. The operational reliability and ongoing support from Lindner have been pivotal in ensuring Unifi’s seamless operation and remarkable output.

In the intricate tapestry of sustainable innovation, Unifi stands as a beacon of eco-conscious progress. Their Repreve recycled fiber is a testament to the possibilities when technology and environmental stewardship align. This intricate process rests on a foundation laid by Lindner’s Micromat shredders – marvels of engineering that epitomize power, precision, and practicality. Their design reflects a commitment to optimizing recycling processes, minimizing waste, and maximizing output. The partnership between Unifi and Lindner transcends mere business dealings; it’s a synergy that echoes a shared vision of responsible industry practices and the relentless pursuit of a greener, cleaner world. Recycled Fiber Bio-based BRICS

In conclusion, the narrative of Unifi’s journey towards sustainable excellence is intrinsically interwoven with the contribution of Lindner’s Micromat shredders. These technological marvels empower the transformation of plastic bottles into high-quality recycled fiber, facilitating Unifi’s pioneering work in the realm of recycled high-performance fiber. As Unifi and Lindner continue their collaborative odyssey, they not only redefine industry standards but also champion the cause of environmental preservation, one shredded bottle at a time.

Recycled Fiber Bio-based BRICS

The passage you provided discusses the current economic challenges facing China and the potential implications for its future growth

Here’s a breakdown of the key points:

  1. Economic Growth Slowdown: China has experienced remarkable economic growth, averaging over 5% for three decades, which contributed to its status as a superpower. However, recent forecasts from major international banks suggest that China’s gross domestic product (GDP) growth rate for 2023 might fall below the 5% target set by President Xi Jinping. Some economists see this as more than a short-term slowdown and speculate it might mark a significant turning point for the Chinese economy. Recycled Fiber Bio-based BRICS
  2. Debt Concerns: China is facing concerns about its debt levels, which have exceeded 300% of its GDP. This debt is attributed to companies, the central government, and local administrations. The high level of debt is viewed as a potential drag on economic growth and stability.
  3. Real Estate Bubble: The article highlights the bursting of the real estate bubble as a worrisome sign. Major property developers like Evergrande and Country Garden have accumulated significant debts due to extensive urban development. However, demand for housing has declined due to factors like a shrinking population, reduced disposable income, and lower confidence in the future. Since the real estate sector constitutes a significant portion of the Chinese economy, its crisis could potentially affect the broader economy.
  4. Demographic Challenges: China is experiencing demographic challenges, including a declining population and record levels of youth unemployment. These factors are seen as hindrances to future growth prospects. The shrinking population might also impact consumption patterns and housing demand.
  5. Exports and Consumption: Geopolitical tensions with the United States and Europe have led to declining exports from China. Additionally, private consumption in China represents only 38% of the economy, with a significant portion still under state control. Recycled Fiber Bio-based BRICS
  6. Government Response: The Chinese government has taken measures to support the real estate sector, such as easing limits on home purchases and granting mortgages. However, experts remain skeptical that these measures will be sufficient to stimulate credit and the real estate market. Some analysts suggest that a more substantial fiscal stimulus similar to those implemented in the United States and Europe might be necessary.
  7. Skepticism and Outlook: While the Chinese government’s efforts have been noticed, skepticism remains among experts about whether these measures will be enough to reverse the economic slowdown. The Chinese central bank’s decision to lower interest rates slightly is viewed as a step in the right direction but may not be sufficient. Recycled Fiber Bio-based BRICS

In summary, the article portrays China as facing economic challenges such as slowing growth, high debt levels, a real estate crisis, demographic shifts, and external trade tensions. While the Chinese government has implemented measures to address some of these issues, doubts persist about whether these actions will be effective in restoring strong economic growth.

Recycled Fiber Bio-based BRICS

Sabic Unveils Bio-based Iterations of Popular Noryl Grades, Pioneering Sustainable Solutions

In a remarkable stride towards sustainable innovation, Sabic has introduced an array of bio-based versions for its well-regarded Noryl resin grades. These groundbreaking materials, developed using polyphenylene ether (PPE) base resins, are poised to revolutionize industries spanning automotive, construction, and lawn and garden. This momentous advancement comes as a response to the growing demand for eco-conscious solutions, propelling Sabic’s customers towards their ambitious sustainability objectives. By formulating these bio-based materials with PPE base resins that bear the International Sustainability & Carbon Certification (ISCC) Plus endorsement, Sabic has crafted materials that rival the performance of conventional fossil-based grades. Moreover, customers have the freedom to select from a range of bio-based content levels tailored to their specific Noryl grade preference. Recycled Fiber Bio-based BRICS

The practical feasibility of this bio-based paradigm shift is evidenced by the commercialization of three flagship Noryl grades. Although these exemplar materials constitute a fraction of the comprehensive portfolio, their introduction heralds an era of sustainable possibilities. This portfolio expansion augments the options for environmentally responsible Noryl resins, which have been recently enriched by Sabic’s post-consumer recycled (PCR) variants boasting over 25% PCR content.

Joshua Chiaw, the Director of Business Management for LNP & Noryl Specialties at Sabic, expressed his enthusiasm for this stride forward, stating, “We’re pleased to provide customers with new choices to reduce the global warming potential of both existing and new applications made with Noryl materials.” He went on to underline the pivotal role of bio-based PPE feedstocks in efficiently producing sustainable Noryl materials that can seamlessly substitute traditional grades. This substitution is not merely nominal, as the bio-based versions exhibit parity in performance and processability. The amplification of Sabic’s Noryl resin repertoire with these bio-based alternatives echoes the company’s strategic dedication to assist brands, original equipment manufacturers (OEMs), tier suppliers, and molders in accomplishing their sustainability benchmarks.

Among the triumvirate of bio-based grades introduced by Sabic, the first is Noryl GTX902BIO3 resin. Engineered as a bio-based PPE alloy, it promises unrivaled chemical resistance and paintability. Recycled Fiber Bio-based BRICS

Applications in the automotive domain such as wheel covers, electrical components, and painted trims stand to benefit significantly from this pioneering material. On a parallel trajectory, Noryl NH5120BIO4 resin unveils its potential in diverse scenarios like housing and enclosures, HVAC components, and photovoltaic/solar junction boxes. This non-brominated and non-chlorinated flame-retardant resin, endowed with a UL flame rating of V1 at 1.5 mm, aligns seamlessly with environmentally conscious manufacturing practices, free from intentionally added per- or polyfluorinated substances (PFAS). The resin offers an equilibrium between heat resistance, flow dynamics, hydrolytic stability, dimensional resilience, and creep performance, retaining its mechanical attributes even in harsh outdoor environments.

Noryl GFN2BIO3 resin, the third commendable entrant, is distinguished by its remarkable strength, hydrolytic stability, dimensional endurance, low warpage propensity, and low specific gravity. This bio-based material carries the esteemed UL746C outdoor suitability rating of F1, rendering it an exceptional contender for both indoor and outdoor applications across the construction, building, and lawn and garden sectors. Recycled Fiber Bio-based BRICS

Evelyn Pearson, Senior Manager at Sabic, proudly emphasized the company’s commitment to propelling a circular plastics industry by highlighting their Selkirk, NY, facility’s attainment of the ISCC PLUS accreditation. This accreditation is a testament to the facility’s capacity for producing PPE resin and compounds originating from renewable, bio-circular sources. Sabic’s blueprint includes plans to extend ISCC PLUS certification to Noryl grades formulated with these bio-based feedstocks across the global network of Noryl compounding plants. This resounding achievement underscores Sabic’s relentless pursuit of building a sustainable future through circular plastics.

In summary, Sabic’s revelation of bio-based iterations for the revered Noryl resin grades signifies an epochal stride towards sustainability in industries as diverse as automotive, construction, and lawn and garden. These materials, anchored by polyphenylene ether base resins, have the potential to revolutionize manufacturing paradigms, offering choices that effectively reduce the environmental footprint. Sabic’s resolute commitment to innovative circular practices has culminated in a breakthrough that not only propels their own sustainability trajectory but also empowers their customers to embark on a more environmentally conscious path.

Recycled Fiber Bio-based BRICS

On the eve of the highly anticipated BRICS summit in Johannesburg, the global stage braced itself for a significant departure from convention

Luiz Inacio Lula da Silva, the Brazilian president, made a resounding declaration that would undoubtedly set the tone for the summit’s proceedings. Mere hours after the summit’s commencement, Lula da Silva announced his intention to propose a revolutionary concept to his fellow counterparts from Russia, India, China, and South Africa: the adoption of a unified currency. This proposed common currency aims to foster greater international trade, freeing BRICS nations from the constraints of relying on a third-party currency, most notably the US dollar.Recycled Fiber Bio-based BRICS

This audacious proposition carried an unmistakable message—the BRICS nations, collectively constituting a quarter of global wealth and representing 42% of the world’s population, were no longer content with a secondary status on the world stage. Instead, they sought to assert themselves as a formidable platform for advancing an alternative path diverging from Western norms.

Lula da Silva’s voyage down this uncharted economic avenue gained its initial momentum during his engagement with Xi Jinping, the leader of China. This summit marked Xi Jinping’s second foray abroad after a pivotal meeting with Vladimir Putin. China’s intent was clear: to solidify its influence among developing and emerging nations, a strategic move in light of escalating tensions with the United States and domestic economic concerns—most notably, the turmoil within the real estate sector. By journeying to South Africa, Xi Jinping offered a response to Joe Biden’s engagement with leaders from Japan and South Korea. The format, resembling a “mini-NATO,” aimed to bolster military cooperation against North Korea and counterbalance China’s growing assertiveness and influence. Recycled Fiber Bio-based BRICS

Xi Jinping’s presence in Johannesburg extended an opportunity to propagate his vision of a world order distinct from the US-centric framework, a vision increasingly evident amidst heightened geopolitical tensions linked to the Ukrainian conflict.

Beijing sources, reported by the Financial Times, corroborated China’s strategy of exerting pressure on the other BRICS nations to forge a rival bloc to the G7. The premise underpinning this tactic is that by expanding their share of the global GDP to rival that of the Group of Seven, the BRICS nations would inevitably command a more influential voice on the international stage. However, divergent viewpoints within the bloc exist, with some member countries advocating for the BRICS to remain a non-aligned consortium dedicated to advancing the economic interests of developing nations.

In the midst of these dynamics, Cyril Ramaphosa, the summit’s host and South African President, emphasized that his nation would not become ensnared in the competition among global powers arising from the Ukraine conflict. South Africa maintained a policy of non-alignment and steadfastly refused to condemn Russia for its actions, opting instead for a diplomatic approach. This stance drew both praise and criticism from the international community. Recycled Fiber Bio-based BRICS

The absence of Vladimir Putin, who could only participate via video conference due to an outstanding international arrest warrant for war crimes in Ukraine, underscored the centrality of Xi Jinping at the summit. The primary agenda revolved around the potential expansion of the BRICS bloc. Beijing claimed that over 20 nations were aspiring to join the bloc, and Lula da Silva echoed this sentiment. He emphasized the vital role of cooperation among Southern Hemisphere nations in addressing inequalities, climate challenges, and fostering a more equitable global order. Lula da Silva voiced his support for the inclusion of Saudi Arabia, Argentina, and even Iran into the BRICS fold.

While the summit deliberated the prospect of a unified BRICS currency, the implications of such a move were already being weighed. Robert Kiyosaki, a prominent American entrepreneur and co-author of books with Donald Trump, ventured that a shared BRICS currency would spell the decline of the US dollar. His words reverberated through the corridors of international finance, highlighting the potential transformative impact of the BRICS’ audacious proposal. Recycled Fiber Bio-based BRICS

As the world awaited the outcomes of the BRICS summit, it was clear that a new era of international economics and geopolitics was being ushered in. The proposition of a unified currency was not merely an economic concept; it symbolized a potent shift in global power dynamics and a fervent aspiration to forge an alternative path in the face of established Western norms. The decisions made in Johannesburg would ripple far beyond the confines of the conference room, shaping the trajectory of international relations and financial systems for years to come.

On the eve of the highly anticipated BRICS summit in Johannesburg, the global stage braced itself for a significant departure from convention

Neste Announces Agreement to Produce Bottles Using Renewable & Recycled Material

Neste’s RE, incorporating recycled and renewable material, will be used in making PET bottles.

Neste announced a collaboration that will bring its RE, a polyethylene terephthalate derived from renewable and recycled material, to bottle production. The cooperation between Neste, Suntory, and Mitsubishi will enable the production of PET resin on a commercial scale.

Neste RE is Neste’s feedstock for polymers production, made 100% from bio-based raw materials such as waste and residues, e.g. used cooking oil, to replace fossil feedstock in the value chain. Japanese beverage company Suntory will utilize the renewable PET resin to produce bottles for its products in 2024. Recycled Fiber Bio-based BRICS

A new partner for Neste in Japan, ENEOS will use bio-intermediates based on Neste RE to produce bio-PX (Bio-Paraxylene) at its Mizushima Refinery in Okayama, Japan. The bio-PX will then be converted to PTA (Purified Terephthalic Acid) and subsequently to PET resin for Suntory to use to manufacture their PET bottles. Mitsubishi Corporation will be coordinating the collaboration between the value chain partners.

“Through partnering along the value chain, Neste can contribute to reducing the polymers and chemicals industry’s dependence on fossil resources as well as to manufacturing of products that have a lower carbon footprint,” says Lilyana Budyanto, head of sustainable partnerships APAC at Neste Renewable Polymers and Chemicals business unit.


Neste Announces Agreement to Produce Bottles Using Renewable & Recycled Material

‘Plastics bashing must stop’

Instead, learn from regrettable past mistakes and stride towards sustainability

In its ‘Let’s talk about Chemical Recycling” series, the Plastics and Rubber Machinery division of the German VDMA association talks to experts and stakeholders active in the chemical recycling space. Ingemar Bühler, Managing Director Plastics Europe Germany wishes to make a least one thing clear: “Chemical recycling is competing with incineration, not mechanical recycling.”

Mr. Bühler, how long will it be before chemical recycling can take place on a large industrial scale?
At present, there are about 140 chemical recycling projects worldwide. Most of the active plants are currently in pilot operation. Some companies, however, are already one step ahead. In Enningerloh, Westphalia, for example, the Carboliq company has a plant that produces an industrially usable pyrolysis oil from the input of an adjacent recycling yard. Other plant projects are also on the verge of reaching a new scale of between 40,000 and 150,000 tonnes of processed material per year. Two plants are currently planned on a large industrial scale.  Recycled Fiber Bio-based BRICS

Lyondell Basell is planning a large plant in Belgium, and Dow Chemical is looking to build a large plant together with its partner Mura in Saxony.

The prerequisite, however, is the approval of chemical recycling within EU law. Should this be the case this year, then the plant would probably be ready for operation by 2025.

This approval is by no means certain in Brussels, however.
The response of politicians, both in Europe and in Germany, is often that chemical recycling does not work at all. That is simply nonsense. But there is also a fair criticism, namely that despite great progress, the energy input for chemical recycling is much higher than that for mechanical recycling. Mechanical recycling is highly efficient: PET bottles, for example, can be mechanically recycled several dozen times until the polymer structures can no longer withstand further use.
In today’s legislation, the idea is to burn these polymers that are past their usability stage, and to generate energy from them. However, the cost of incineration is high, and the process releases CO2. Instead of incineration, it would be much better in our view to chemically recycle these polymers. In the best case, no CO2 is released, and the carbon continues to circulate. Chemical recycling is therefore not in competition with mechanical recycling, but with incineration. Recycled Fiber Bio-based BRICS

Where else does it make sense?
With chemical recycling processes, we can also process waste fractions where mechanical recycling processes reach their limits. A good example is car tyres. We can already recycle parts of tyres mechanically, but we can apply complementary chemical processes to recover the carbon and keep it in the cycle. In our industry, we are therefore convinced that this will definitely happen. If we politically hamper chemical recycling in the EU, it will happen elsewhere in the world, but I am confident that eventually we will have chemical recycling in Europe as well.

What makes you so confident?
The strict separation and interest groups are softening. It is no longer just the plastics manufacturers who are investing in chemical recycling. Increasingly, it is also large mechanical recyclers. In turn, there are also chemical companies building mechanical recycling plants because they want the carbon back in both ways. It is becoming increasingly clear that the combination makes perfect sense if you want to get rid of the big waste mountains and establish a real circular economy.

'Plastics bashing must stop'

Revolutionizing Retail Sustainability: Recyclable Trays Transform Packaging Landscape

In the relentless pursuit of sustainable practices, retailers are embracing innovative solutions to align with consumer preferences and stringent government regulations. Amid this paradigm shift, Clearly Clean Products emerges as a trailblazer, offering a game-changing alternative to traditional expanded polystyrene (EPS) food trays. The company introduces two groundbreaking recyclable overwrapped food tray options, catering to grocery retailers, wholesalers, and consumers alike. With these visionary creations, Clearly Clean Products not only champions ecological well-being but also ushers in newfound cost-efficiency and convenience. Recycled Fiber Bio-based BRICS

The first in their repertoire is an all-encompassing solution for poultry, meat, produce, seafood, and deli products. Made from crystal-clear PET, these patented trays undergo thermoforming with a thinner gauge sheet compared to their food processor-grade counterparts. This innovation empowers consumers to observe their chosen products from every angle, enhancing the shopping experience. Crucially, these trays meet or surpass all shelf-life requirements, superseding the performance of EPS trays. Recognizing the value of choice, Clearly Clean Products also provides the option of transparently colored trays, further elevating aesthetic appeal.

A defining feature of these trays is their recyclability, underlining the company’s unwavering commitment to sustainability. Accepted by recycling facilities that handle other PET packaging, these trays bear a conspicuous #1 PET recycling symbol, a beacon for responsible disposal. Moreover, these trays align seamlessly with existing recycling infrastructure, often available curbside. Beyond their environmental merit, the trays have also been meticulously designed to harmonize with the operational convenience of retailers. The grocery program accommodates tray packaging in quantities akin to foam trays, facilitating straightforward integration at the store level. Recycled Fiber Bio-based BRICS

Jimmy Herring, the visionary CEO of Clearly Clean Products, underscores that these trays encapsulate more than environmental consciousness; they stand as a testament to practicality. Recognizing the historical impediments of packaging and cost, the company’s solution deftly tackles both. Employing a novel approach, trays are shipped in familiar boxes and quantities, circumventing the learning curve. Furthermore, the innovation extends to manufacturing, where a thinner gauge contributes to reduced costs without compromising on structural integrity.

A pivotal attribute of these trays is the patented rolled edge technology, an amalgamation of form and function. This ingenious feature reinforces the trays, thwarting tear-inducing friction with overwrap film, while offering threefold resistance to bow tying—an issue stemming from weak sidewalls. The trays emerge unscathed from high-speed processors, retaining their structural robustness. Even in the face of film or styling challenges, these trays exhibit resilience, ensuring that the products they cradle remain intact. The rolled edge architecture, in addition to preventing leakage, aligns with the enduring attributes of EPS trays, all within an eco-conscious framework. Recycled Fiber Bio-based BRICS

The versatility of Clearly Clean Products’ offerings shines through with their extensive array of tray sizes and configurations. From compact 2S trays to large 15D variants, the options cater to diverse requirements. The introduction of a compartmented tray for meatballs and patty-style configurations speaks to their commitment to nuanced solutions. Consumers can also revel in customization, with options to tailor size, thickness, shape, and color.

The company provides a dual-tiered offering with processor-grade and supermarket-grade trays, the latter boasting a streamlined design. Processor-grade trays are characterized by their enhanced thickness, built to withstand shipping and rigorous high-speed equipment usage. Designed for optimum utility, these trays also exhibit packaging that suits processing needs.

The immediate resonance of these trays is a testament to their transformative impact. With a wave of interest from multiple clients, Clearly Clean Products bears witness to a paradigm shift. While historically focused on food processors, their forward-looking approach resonates with retailers and wholesalers who are increasingly seeking eco-friendly alternatives in response to consumer pressure, government mandates, and corporate sustainability mandates. Recycled Fiber Bio-based BRICS

In the ever-evolving landscape of retail, Clearly Clean Products stands as a beacon of innovation and sustainability. Their recyclable trays transcend mere packaging, paving the way for a greener future without sacrificing convenience or efficacy. As consumer awareness and eco-consciousness continue to shape the market, Clearly Clean’s visionary solutions mark a resounding step towards a more sustainable and responsible retail ecosystem.

Revolutionizing Retail Sustainability: Recyclable Trays Transform Packaging Landscape

The BRICS Summit: Navigating the Path Between Single Currency and Chinese Influence

The BRICS summit, a gathering of the world’s five most significant emerging economies—Brazil, Russia, India, China, and South Africa—embarks on a complex journey, oscillating between aspirations for a unified front and divergent national interests. The summit, convened in Johannesburg, is a microcosm of the larger global landscape, where countries grapple with the tension between regional ambitions and global powers, chiefly China and the West.  Recycled Fiber Bio-based BRICS

Amidst fervent discussions, the fundamental question arises: should the BRICS evolve into a rival body to the traditional Western powers, notably the G7? This query resonates with varying intensity among the participating nations. While Beijing and Brasilia advocate for the BRICS to emerge as a formidable counterforce to the G7, Moscow adopts a more nuanced stance. Amid shifting geopolitical dynamics, particularly heightened by the Russia-Ukraine conflict, China is asserting itself as a unifying force, framing the BRICS as an “open and inclusive” mechanism to project its influence. This narrative shift marks a subtle weakening of Russia’s grip on the group’s dynamics.

President Xi Jinping’s presence in Johannesburg exemplifies China’s strategic maneuvering to consolidate its position on the global stage. With the arrest warrant hanging over Russian President Putin, China’s President Xi endeavors to fill the void left by Putin’s absence, underscoring his intentions to lead the BRICS narrative. China’s designs extend beyond just leadership; it aims to challenge the dollar-centric global order, notably through discussions with Brazilian President Lula.

Proposing an alternative currency for intra-BRICS trade, divorced from the US dollar, underscores their commitment to reshape global financial dynamics. However, translating this vision into a functioning alternative necessitates overcoming challenges rooted in political alignments and economic disparities. Recycled Fiber Bio-based BRICS

The BRICS-Africa Outreach summit, with its diverse lineup of participants including UN Secretary-General Guterres and the former Brazilian President Dilma Rousseff, signifies the potential to forge new alliances and partnerships. However, the discord with Morocco, which distances itself from anti-G7 sentiments, highlights the tensions underpinning such ambitious endeavors. While the ingredients for a genuine alternative to the G7 are present, its feasibility hinges on overcoming entrenched divisions and apprehensions about China’s growing influence.

Xi’s envisioned multipolarity, aimed at countering Washington’s dominance, faces resistance and skepticism. Arab nations, despite their strategic interests, exhibit tepid enthusiasm for joining the BRICS. The pressing call for de-dollarization marks a significant shift, particularly for countries like Brazil and South Africa seeking greater economic autonomy. Yet, uncoupling trade from the dollar is only the first step in realizing a global financial reset, requiring a level of consensus that remains elusive.

The nascent anti-G7 sentiment, while embryonic, is juxtaposed against the more advanced push for BRICS expansion. Recycled Fiber Bio-based BRICS

The unique positioning of Ukraine, not a formal member but closely aligned with the group, underscores the multifaceted chess game at play. Ukraine’s perspective, articulated through influential figures like Podolyak, suggests that China’s ascendancy could weaken Moscow’s clout, providing a glimmer of hope for a country embroiled in regional conflict.

However, China’s rise is not without vulnerabilities. An economic slowdown and concerns about a real estate bubble cast a shadow over its status as a star player. President Xi’s recent arrival in Johannesburg, following the Camp David meeting, appears almost like an SOS signal in the wake of mounting global concerns about China’s behavior, particularly in the Indo-Pacific.

In the panorama of the BRICS summit, a mosaic of aspirations, interests, and power plays unravels. The delicate interplay between the desire for an alternative to the G7 and apprehensions about Chinese hegemony underscores the intricate tapestry that world leaders navigate. As they convene to deliberate, the future trajectory of the BRICS holds the promise of a transformed global order, but the journey is fraught with challenges that demand deft diplomacy, shared vision, and above all, a willingness to transcend entrenched divisions for the collective good. Recycled Fiber Bio-based BRICS

The BRICS Summit: Navigating the Path Between Single Currency and Chinese Influence

Bottle to Bottle China Economy – Is China’s Race Already Finished? 22-08-2023

Recycled Fiber Bio-based BRICS

Bottle to Bottle China Economy – Is China’s Race Already Finished? 22-08-2023

Bottle to Bottle China Economy

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

From the Jack Case to Covid: Unraveling the Series of Missteps that Paralyzed the Dragon Economy

The specter of turmoil looms large over the Chinese economic landscape, as two real estate behemoths, Evergrande and Country Garden, grapple with their staggering debt of 500 billion dollars. China finds itself ensnared in the throes of these profound challenges, reverberating beyond its borders. Emerging revelations about the crisis cast a gloomy shadow: the number of foreclosed properties auctioned under the Great Wall surged by nearly 20% annually, reaching 304,000 properties, with a substantial 179,000 houses, during the first half of 2023. This surge was a byproduct of the post-Covid economic deterioration and the mounting struggles in meeting mortgage obligations.

Amid the escalating concerns, speculations have emerged regarding the potential emergence of a new “Chinese Lehman Brothers,” reminiscent of the 2008 financial crisis. However, Xi Jinping’s party-state vehemently rejects this analogy, although there’s an acknowledgment that this ordeal won’t be easily overcome. Bottle to Bottle China Economy

Even James Galbraith, a prominent American economist, concurs with this perspective. In an op-ed for the South China Morning Post, Galbraith suggests that the portrayal of China’s decline is perhaps tailored to align with Western notions of capitalism and democracy’s triumph, particularly ahead of the 2024 US presidential elections. Nonetheless, a prevailing sentiment prevails that China’s predicaments transcend mere narrative, with the real estate turmoil representing just the tip of a much larger iceberg of accumulating challenges. This transpires at a juncture when China’s economic juggernaut has been steadily decelerating from its customary frenetic pace over the past two years, potentially failing to reach its 5% growth target this year.

The looming real estate bubble threatens to rupture, symbolizing a culmination of years of poor decisions. Among these, the zero-Covid policy assumes a significant role. Enforcing one of the world’s longest and strictest lockdowns spanning three years, this approach has severely weakened the economy. Bottle to Bottle China Economy

The repercussions are manifold: households and countless small businesses endured financial depletion, leading to diminished savings that translated into sluggish consumer spending and deflation. Disturbingly, youth unemployment spiked to 21.3% in June, a statistic China opted not to release for July. The ongoing struggle for employment among the younger population, compounded by historically low fertility rates of 1.09 children per woman (even worse than Italy’s 1.25), underscores the regime’s inability to reverse these concerning trends. This demographic predicament intertwines with the real estate sector’s woes, casting a foreboding shadow on a sector that accounts for 20 to 30% of China’s GDP. The shrinking pool of young individuals capable of driving a comprehensive renewal of the real estate cycle poses a formidable challenge.

Furthermore, the heavy-handed crackdown on technology corporations, which commenced in November 2020 with the suspension of Ant Group’s initial public offering, has marred China’s global image. Ant Group, a subsidiary of Alibaba and the world’s largest payment platform via Alipay, was poised for a record-breaking $34.5 billion IPO.

Yet, in a punitive move targeting Alibaba’s founder, Jack Ma, the party abruptly halted the IPO, rendering the emblematic figure of China’s technological surge absent for months. In a recent development, Ma relinquished control of Ant Group. Bottle to Bottle China Economy

The regulatory onslaught extended to other tech giants like Didi Global and Tencent, yielding a resurgence of dirigisme. These actions reverberated in the stock market, with Hong Kong’s Hang Seng index plummeting 38% from its April 2019 peak and the Csi 300 index, encompassing the highest-capitalization stocks from the Shenzen and Shanghai Stock Exchanges, declining 27% from its 2021 zenith.

Further complicating matters, China’s unwavering alliance with Russia’s Vladimir Putin, military exercises surrounding Taiwan, and escalating trade tensions with the United States compound the intricate web of challenges. Indicators signaling a shifting breeze are evident, including a 4% decline in direct foreign investments during the first seven months of 2023. Exports also suffered a sharp contraction, plummeting by 14.5% in July year-on-year.

In essence, the current conundrum facing China’s economy is a culmination of a series of ill-fated decisions. From a protracted zero-Covid policy with far-reaching economic repercussions, a demographic crisis exacerbated by employment woes, and a heavy-handed crackdown on technology giants, to geopolitical tensions and deteriorating trade metrics, these multifaceted challenges are undermining China’s economic vitality. As China grapples with its complexities, global eyes remain fixed on its path to recovery and how it navigates the intricate labyrinth of crises that have encircled its once unstoppable economic engine. Bottle to Bottle China Economy

Bottle to Bottle China Economy

How to Extrusion Blow Mold PHA/PLA Blends

You need to pay attention to the inherent characteristics of biopolymers PHA/PLA materials when setting process parameters to realize better and more consistent outcomes.

In the current legislative climate of bans on petroleum-based plastics and consumer requests for sustainable alternatives, bioplastics offer a unique opportunity. In prior decades, there has been significant resistance to bioplastics because of cost as well as unique, and often difficult, processing characteristics. Now, however, the development of many polyhydroxyalkanoate (PHA)-based resins — often combined with polylactic acid (PLA) — has resulted in bioplastic solutions that are well suited to current market needs.

PHAs are a naturally occurring biodegradable material produced via bacterial fermentation, similar to brewing alcohol. During fermentation, when nutrients and food sources are optimized, the bacterial strains start making and storing PHA as a food source, eventually producing a peak amount of PHA. Bottle to Bottle China Economy

At this point, the PHA is separated from the cellular components and processed, resulting in a light, white powder that can be combined with other materials like PLA to produce processable and usable bioplastic resins. These materials are typically compostable in home and industrial environments, and degradable in soil and marine environments.

One of the opportunities to use PHA and its compostable characteristics is in blow-molded articles. The positive end-of-life scenarios offer one possible solution to the overabundance of plastic in the market. PHA can be blow molded into various shapes, sizes and designs for many applications, from personal use to food and drink storage.

Recently, many processors have been experimenting with running PHA/PLA blends in their blow molding operations, with mixed success due to the blends’ unique characteristics. However, proper attention to the inherent characteristics of PHA/PLA materials when setting the processing parameters can lead to better and more consistent outcomes.

PHA can be blow molded molded into various shapes, sizes and designs for many applications.

When combining PHA with PLA, you will find that the processing requirements for the PHA will drive most of your processing strategies. PHA is hygroscopic and needs to be dry. It is sensitive to residence time and requires a warm (120-130°F) mold to crystallize.

At Danimer Scientific, most of our research effort has been with extrusion blow molding (EBM), which is the process covered here. Bottle to Bottle China Economy

Material Handling

As noted, PHA is a hygroscopic polyester that will absorb environmental moisture. Having the material dry before processing will prevent degradation and melt thinning. A moisture content of less than 0.04% (400 ppm) is required. Recommended drying conditions are four hours at no greater than 170°F (80°C) with a desiccant dryer.


It is recommended to purge the machine completely with LDPE to remove the previous resin and, after cooling the extruder to the process set points referenced below, introduce the PHA/PLA blend. This procedure should get you into the production material without degrading the resin. PHA/PLA blends have an upper temperature limit of around 400°F and will rapidly degrade around this temperature.

Because PHA can degrade quickly under heat and shear, it is recommended that you purge fresh material forward anytime the machine is idled for more than five minutes before starting up again. It is not only the temperature of the melt that matters but also the residence time. High residence times will cause the material viscosity to decrease and can cause problems with machine startup. Bottle to Bottle China Economy

At the end of production, the machine should again be purged clear of the PHA/PLA blend — using LDPE at process temperatures — before increasing temperatures to go to the next resin.


Bottle to Bottle China Economy

Thailand Unveils Groundbreaking Launch of 100% rPET Beverage Bottles

In a remarkable stride towards environmental sustainability, the dynamic collaboration between Alpla and PTT Global Chemical (GC) has heralded the introduction of Thailand’s inaugural food-grade rPET (recycled polyethylene terephthalate). This groundbreaking initiative has culminated in the creation of the nation’s foremost 100% rPET bottles, a pioneering achievement set to reshape the beverage industry landscape. Notably, esteemed beverage brands Pepsi and Mineré have embraced this innovative transformation by adopting Envicco’s cutting-edge PCR (post-consumer recycled) material for their PET bottles, thereby catapulting themselves into the vanguard of sustainable packaging.

The resounding success story unfolds against the backdrop of Alpla and PTT Global Chemical (GC) inaugurating a state-of-the-art recycling plant nestled in the heart of Rayong province in September 2022. Bottle to Bottle China Economy

A testament to their unwavering commitment to environmental preservation, the recycling plant is a symbol of their strategic partnership and shared vision for a greener future. Earning the coveted nod of approval from Thailand’s national FDA (Food and Drug Administration), the plant’s first-of-its-kind certification for food-grade rPET signified a triumphant milestone. This landmark certification paved the way for the monumental launch of the nation’s maiden 100% rPET bottles, underscoring the transformative potential of their partnership within Thailand’s burgeoning beverage industry.

Envicco, a trailblazer in its own right, has emerged as a pivotal player in this transformative narrative. Flaunting an impressive annual production capacity of 30,000 tonnes of rPET and 15,000 tonnes of recycled rHDPE (recycled high-density polyethylene), Envicco stands tall as one of Asia’s premier recycling powerhouses. Alpla, a staunch advocate for quality and efficiency, attests to the mechanical recycling process meeting rigorous standards in the domains of quality, safety, and production efficacy. The resultant material, aptly christened “Inno Eco,” was bestowed the FDA’s seal of approval prior to securing the endorsement of Thai regulatory authorities, a testament to its unwavering commitment to product excellence. Bottle to Bottle China Economy

Noteworthy as the product launches by Pepsi and Mineré are, their resonance extends far beyond mere commercial initiatives. These momentous launches are accompanied by expansive awareness campaigns geared towards galvanizing public participation in collection and recycling efforts. This multi-faceted endeavor seeks to empower and educate the Thai populace on the myriad benefits of embracing sustainable packaging solutions. Suntory PepsiCo Beverage Thailand has forged a synergistic partnership with the Property Management of Chulalongkorn University (PMCU) Bangkok, fostering the “Fizzy Consciousness to Change the World” campaign. On a parallel note, Nestlé has collaborated seamlessly with 7-Eleven, a prominent supermarket chain, and GC’s trailblazing waste management platform, Youturn, to amplify the message of sustainability through the “Bottle made from Bottles” campaign. Both initiatives encapsulate a harmonious fusion of corporate responsibility and civic awareness, echoing the urgency of collective action in preserving our planet for generations to come.

In essence, Thailand’s maiden foray into the realm of 100% rPET beverage bottles stands as an exemplar of collaboration, innovation, and ecological consciousness. Alpla and PTT Global Chemical’s symbiotic partnership, crystallized in the environmentally conscious precincts of their recycling plant, is rewriting the narrative of sustainability in the beverage industry. Bottle to Bottle China Economy

The inaugural food-grade rPET certification from the national FDA and the subsequent launch of the pioneering 100% rPET bottles mark a triumphant crescendo in this transformative journey. As the nation embraces these novel solutions, propelled by Pepsi and Mineré’s visionary adoption of Envicco’s PCR material, Thailand charts an audacious course towards a greener, more sustainable future.

Thailand Unveils Groundbreaking Launch of 100% rPET Beverage Bottles

Is China’s Race Already Finished? The Wall Street Journal’s Skepticism

The question looms large: has China’s relentless race toward exponential growth finally hit a wall? This query gains momentum through a meticulous analysis conducted by The Wall Street Journal, delving into the intricate folds of China’s economic model, which now seems to bear the fractures of strain.

For decades, China has been the exemplar of propellant growth, fueling its economy by channeling investments into sprawling factories, towering skyscrapers, and intricate networks of roads. This economic blueprint has shepherded an unprecedented epoch of expansion, rescuing the nation from the clutches of poverty and propelling it into the global spotlight as a formidable behemoth, with its exports permeating the farthest reaches of the world. The eloquent words of The Wall Street Journal encapsulate this narrative, stating, “What was effective during China’s pursuit to narrow the gap now reveals its limitations in a landscape where the nation is ensnared by a web of debt, and the canvas to construct is dwindling.” In essence, the bedrock that once served as a platform for China’s meteoric rise now appears shaky, and economists are grappling with the potential consequences. Bottle to Bottle China Economy

The crux of the matter lies in the transformation of China’s economic paradigm. The strategy that facilitated its ascent—marked by an unrelenting drive to bridge the developmental divide—seems to falter in the face of shifting realities. The nation, now laden with a mounting burden of debt and confronted with a dwindling repertoire of infrastructure projects, is caught in a perplexing quagmire. As The Wall Street Journal sagely reflects, “What seemed astute while China was in the throes of catching up loses its luster in a scenario where opportunities to construct dwindle, and the shadows of debt loom large.” The crux of this apprehension lies in the contemplation of whether China’s days of fervent growth are not merely numbered, but are reaching their final chapters.

The sobering reflections penned by The Wall Street Journal are tinged with a sense of concern, reflecting the musings of economists who fear that China’s narrative of slowing growth might take a dark turn into the realm of stagnation—eerily reminiscent of Japan’s protracted ordeal since the 1990s. An ominous parallel emerges: the bursting of Japan’s real estate bubble back then led to an enduring epoch of deflation, coupled with the shackles of limited expansion. Could China be marching down a parallel path, trapped within the quagmire of prolonged stagnation? Such a prospect sends shivers down the spines of economists and global observers alike. Bottle to Bottle China Economy

Beyond the contemplation of financial indices and economic indicators, a larger inquiry is at play: what would a plateauing China mean for the intricate web of global economic interdependence? The country’s rise to economic eminence has woven it into the very fabric of the global economy. A pause in its growth engine could reverberate far beyond its borders, potentially triggering a cascade of readjustments and recalibrations across the economic tapestry of the world.

In conclusion, The Wall Street Journal’s introspection into China’s economic trajectory raises pivotal questions about the sustainability of its relentless growth model. The spotlight is now on whether China’s economic landscape, once characterized by unbridled expansion, is undergoing an irrevocable metamorphosis. As the nation grapples with a looming specter of debt and diminishing avenues for infrastructural development, the era of sky-high growth might be hurtling toward its twilight. Economists’ apprehensions of a potential stagnation scenario, akin to Japan’s enduring quagmire, warrant serious contemplation. The globe watches with bated breath, as the trajectory of the world’s second-largest economy takes on new contours, potentially reshaping the dynamics of the global economic stage. Bottle to Bottle China Economy

Bottle to Bottle China Economy

The anticipation of a looming economic downturn in the United States has been bolstered by The Conference Board, an influential business membership and research organization situated in New York

According to their latest assessment, the Leading Economic Index (LEI) for the US endured a decline of 0.4 percent in July of the current year, settling at a reading of 105.8 on the index (2016=100). This downturn follows a prior drop of 0.7 percent in June. As a result of these concerning trends, The Conference Board has unveiled a projection that unveils the likelihood of a brief and relatively mild recession transpiring within the temporal confines of the fourth quarter of 2023 to the initial quarter of 2024.

Spanning the time interval between January and July, the LEI underwent a contraction of 4 percent. This deterioration in performance is a slight exacerbation of the 3.7 percent contraction that took place in the preceding half-year period, which spanned from July 2022 to January 2023. Providing insights into this prevailing economic landscape, Justyna Zabinska-La Monica, the Senior Manager of Business Cycle Indicators at The Conference Board, emphasized the recurrent decline in the US LEI, stretching across sixteen consecutive months as of July.

This continuous slump serves as a telling indicator of the heightened uncertainty that shrouds the nation’s economic outlook. Bottle to Bottle China Economy

Conversely, The Conference Board’s Coincident Index (CEI), responsible for tracking current economic activity, presents a more nuanced perspective. Zabinska-La Monica outlined that, although the CEI has exhibited gradual growth, it has done so unevenly. In the last half-year period, three months saw no alteration in the index’s values, while the remaining three experienced an increase. This mixed pattern in the CEI indicates an existing environment of favorable growth, albeit one marked by inconsistencies and fluctuations.

July brought forth an array of contributing factors to the decline observed in the Leading Economic Index. Weakness in new orders, coupled with elevated interest rates and a dip in consumer confidence regarding the business conditions outlook, combined to amplify the index’s downturn. Additionally, a reduction in the number of hours worked in the manufacturing sector further accentuated the 0.4 percent decline in the LEI during this period. Bottle to Bottle China Economy

Piecing together these indicators and observations, The Conference Board’s assessment retains a cautious tone. The LEI’s continued downward trajectory suggests an impending deceleration in economic activity, with the possibility of transitioning into a phase of mild contraction in the coming months. This assessment has culminated in The Conference Board’s projection of a concise and relatively moderate recession. The timeframe under consideration for this economic downturn spans from the final quarter of 2023 through to the initial quarter of 2024.

As economies continue to navigate intricate webs of interconnected factors, the insights provided by The Conference Board prompt both businesses and individuals to prepare for potential economic headwinds. The interplay between indices, indicators, and external influences underscores the need for adaptable strategies that can weather the challenges posed by economic fluctuations.

While the precise extent of the impending recession remains uncertain, proactive measures guided by timely insights could mitigate the potential adverse effects and lay the groundwork for a more resilient economic future. Bottle to Bottle China Economy

The anticipation of a looming economic downturn in the United States has been bolstered by The Conference Board, an influential business membership and research organization situated in New YorkThe anticipation of a looming economic downturn in the United States has been bolstered by The Conference Board, an influential business membership and research organization situated in New YorkThe anticipation of a looming economic downturn in the United States has been bolstered by The Conference Board, an influential business membership and research organization situated in New YorkThe anticipation of a looming economic downturn in the United States has been bolstered by The Conference Board, an influential business membership and research organization situated in New York

Laser, ultrasonic cutters lower polyester microfibre release: Study



  • Using laser and ultrasonic cutters on polyester knitted fabrics can significantly reduce the amount of microfibres released into the environment during laundry, according to new research conducted in south India.
  • The type of stitch and the needle count used during garment production both play a role in reducing microfibre release when polyester clothes are washed.

Using laser and ultrasonic cutters on polyester knitted fabrics—instead of traditional cut-and-sew methods—can significantly reduce the amount of microfibres released into the environment during laundry, according to new research conducted in south India.

The analysis of different cutting methods by R Rathinamoorthy from the department of fashion technology at the PSG College of Technology in Coimbatore and S Raja Balasaraswathi from the National Institute of Fashion Technology in Bengaluru showed that laser and ultrasonic cutting methods reduce the microfibre release by up to a twentieth compared to conventional scissor-cut edges. Bottle to Bottle China Economy

While comparing the different stitch types, the overlock stitch type showed reduced shedding than the other stitch types (flatlock stitch and single needle lockstitch).

The results showed that the use of more needles increases the microfibre emission among different stitch variations of the same stitch type, the researchers mentioned in a peer-reviewed paper in the August 11 issue of the Elsevier journal ‘The Science of the Total Environment’.

For instance, a 45.27 per cent increase in microfibre emission was reported with the four-thread overlock stitch (two needles) than with the three-thread stitch (one needle), they wrote. Bottle to Bottle China Economy

Regarding seam type, the proposed edge finishing seam (EFb) was effective in reducing 93 per cent of microfibre release as the edges are completely covered.

When the effect of stitch density is considered, in the case of single needle lockstitch and flatlock stitch, the microfibre release is reduced with increased stitch density.

The results confirmed that a proper selection of stitch, stitch density, and seam type would reduce the microfibre release from a garment by up to 64.6 per cent.


The Significance of the BRICS Summit for India

The upcoming 15th BRICS summit, scheduled to take place from August 22nd to 24th in South Africa, carries substantial importance for India on both a domestic and global scale. With a vision to fortify and reform the multilateral system, Prime Minister Narendra Modi views this event as a crucial opportunity. To comprehend the significance of the BRICS summit for India, it’s essential to delve into the origin and relevance of BRICS on a global level and its implications for India. Bottle to Bottle China Economy

The BRICS summit is a pivotal gathering that holds profound significance not only for India but also for the global community. Back in 2001, the term BRIC was coined by British Economist Jim O’Neill, referring to the emerging economies of Brazil, Russia, India, and China. It wasn’t until 2006, during the inaugural meeting of BRIC Foreign Ministers in New York, that the group’s formal establishment occurred. Subsequently, the first BRIC Summit convened in June 2009 in Yekaterinburg, Russia.

Prior to delving into BRICS’ importance for India, it’s crucial to acknowledge the global relevance of the BRICS summit. Collectively, the BRICS nations constitute a staggering 42 percent of the world’s population. Moreover, their combined economies contribute to one-third of the global GDP and hold a 17 percent share of global trade. These substantial contributions in trade, investment, and economic growth establish BRICS as a fundamental pillar in the global order. Bottle to Bottle China Economy

Another crucial aspect is global security. Amid the backdrop of the United States’ unilateral withdrawal from the Intermediate-Range Nuclear Forces (INF) treaty and the destabilizing consequences of events like the Iran deal, BRICS has the potential to play a vital role in ensuring global peace. By engaging in dispute resolution based on principles of fairness, BRICS could contribute significantly to global stability.

From an economic standpoint, the aftermath of the 2008 global financial crisis and the emergence of new threats due to unilateral economic sanctions and trade wars have disrupted the world economy. In response, BRICS has played a substantial role in supporting the global economy. Additionally, it has strengthened economic ties among BRICS nations and other Emerging Market and Developing Countries (EMDCs), opening avenues for inclusive and sustainable development. Bottle to Bottle China Economy

Why is BRICS important for India? The current geopolitical landscape is marked by intricate power dynamics, leaving India straddling a delicate line between balancing the strategic interests of the United States and navigating the Russia-China equation. The BRICS platform provides a golden opportunity for India to navigate this challenging landscape and maintain equilibrium within the Russia-China axis.

Furthermore, the BRICS nations share a common goal of reforming the international financial and monetary systems, aiming to create a more balanced global order. Consequently, the BRICS community plays a pivotal role in the G20 by advocating for financial stability and reforms. Bottle to Bottle China Economy

Undoubtedly, the global issue of terrorism remains a pressing concern. BRICS offers India a robust platform to address this problem head-on. Within the group, India has actively pursued a steadfast stance against terrorism, initiating focused consultations on specific components and aspects of this global menace.

As the BRICS Summit 2023 approaches, its significance for India grows even more pronounced. The summit will delve into highly contentious and essential matters, including the potential expansion of BRICS through the inclusion of new members. Discussions will encompass guiding principles and admission criteria, further shaping the trajectory of this influential international grouping.

In conclusion, the BRICS summit holds substantial importance for India, spanning both the global and domestic dimensions. Its capacity to offer India a platform for strategic balancing, international financial reform, counter-terrorism efforts, and participation in crucial discussions positions it as a pivotal event in India’s diplomatic and economic endeavors.

The Significance of the BRICS Summit for India

Petrochemicals rPET China Economy – 21-08-2023

Bottle to Bottle China Economy

Petrochemicals rPET China Economy – Will China’s crisis trigger the global crisis? 21-08-2023

Petrochemicals rPET China Economy

Petrochemicals PET-Bottle-grade – Will Indorama be the most prominent player in the PET recycling industry?


Petrochemicals rPET China Economy 

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Stellantis Commits $100 Million to Geothermal Lithium Production Expansion

In a groundbreaking agreement, Stellantis and Controlled Thermal Resources (CTR) have solidified their partnership, paving the way for a significant expansion in the production of lithium hydroxide, a crucial component for batteries. This collaboration sets the stage for a momentous shift in lithium supply dynamics, with Stellantis investing over $100 million to enhance the production capabilities of CTR’s Hell’s Kitchen project, the world’s largest geothermal lithium initiative.

The initial supply agreement between Stellantis and CTR, signed in June 2022, outlined the delivery of 25,000 tons of lithium hydroxide per year. However, this agreement has now evolved to meet the soaring demand for battery materials. With the revised contract, CTR will supply up to 65,000 tons of lithium hydroxide annually for a ten-year period. This exponential increase in supply not only reflects the growing needs of the electric vehicle (EV) industry but also underscores Stellantis’ commitment to securing sustainable, domestic sources of essential materials. Petrochemicals rPET China Economy

The distinctive feature of CTR’s production process lies in its modular and integrated structure. This design ensures efficient scalability while prioritizing minimal environmental impact and reduced carbon emissions. This aligns seamlessly with Stellantis’ pursuit of eco-friendly manufacturing processes that resonate with consumers increasingly concerned about the ecological footprint of their vehicles.

Stellantis’ investment of more than $100 million will be directed toward the development of CTR’s Hell’s Kitchen project, situated in Imperial County, California. This pioneering initiative revolves around harnessing geothermal energy to extract lithium from brines, a process that represents a significant departure from traditional lithium mining methods. By utilizing renewable energy sources and steam, Hell’s Kitchen is set to yield environmentally conscious lithium products for battery applications, resulting in a reduced reliance on resource-intensive practices like open-pit mining and fossil fuel consumption.

The strategic significance of the Hell’s Kitchen project extends beyond its sustainable production methods. The project is poised to generate a substantial impact on job creation. Through dedicated agreements and the operational workforce, the venture is projected to generate up to 1,420 jobs, injecting vitality into local communities and fostering economic growth.

CTR, short for Controlled Thermal Resources Holdings Inc., is a recognized authority in the realm of critical minerals, lithium battery chemistries, and renewable energy production. For over three decades, CTR has honed its expertise in geothermal plant operations in California’s Salton Sea region. The company’s unwavering commitment to affordable and sustainable renewable energy, alongside its dedication to cultivating a responsible domestic supply chain for lithium products in the United States, solidifies its position as a frontrunner in the clean energy revolution. Petrochemicals rPET China Economy

The symbiotic partnership between Stellantis and CTR aligns harmoniously with Stellantis’ ambitious Dare Forward 2030 strategic plan. This roadmap charts a course towards complete integration of battery electric vehicles (BEVs) into the sales mix, targeting 100% in Europe and 50% in the United States by 2030. To support this electrification initiative, Stellantis aims to secure approximately 400 GWh of battery capacity through six battery production facilities across North America and Europe. The investment in CTR’s Hell’s Kitchen project serves as a linchpin in realizing these goals, facilitating a sustainable battery supply chain while ensuring Stellantis’ adherence to its decarbonization agenda.

Rod Colwell, the Chief Executive Officer of CTR, lauds this monumental investment as a testament to the company’s dedication to responsible battery material production. With the global proliferation of EVs, the imperative to source battery materials responsibly has never been more pronounced. Colwell emphasizes that localizing the battery supply chain not only mitigates supply risks but also elevates socio-economic conditions in disadvantaged communities.

In sum, the newfound commitment between Stellantis and CTR heralds a transformative era in lithium production. By investing in sustainable and innovative approaches like the Hell’s Kitchen project, Stellantis is poised to catalyze the shift towards greener, cleaner energy solutions, setting the stage for a more environmentally conscious automotive industry and a brighter, electrified future. Petrochemicals rPET China Economy



Petrochemicals rPET China Economy

China’s crisis could impact global markets

China‘s economy is grappling with headwinds ranging from an unstable real estate market to weak consumer demand.

Experts told Insider that a worsening situation in China bodes badly for global markets and other economies like the US.

Both US Treasury Secretary Janet Yellen and US President Joe Biden recently warned of China‘s spillover risks.

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Through decades of steady growth, enormous trade volumes and a growing, productive population, China has developed into a world power with a massive influence on the global economy.

After President Xi Jinping lifted Beijing’s extreme zero-tariff policy in December, experts expected Chinese demand and the economy to return so strongly that the entire global economy would feel the impact of the reopening.

But the opposite has happened, and experts say the effects of China‘s economic slowdown could be felt well beyond the country’s borders.

The world‘s second-largest economy looks strikingly weak in the wake of the pandemic, and its woes have grown to such proportions this month that US Treasury Secretary Janet Yellen, in the same week President Joe Biden likened the country to a “ticking time bomb,” warned of China‘s risks to the US.

Chinese officials have warned experts against portraying the economy in a negative light, even though the data paint a clear picture of a troubled economy.

Data on Tuesday – released less than an hour after a surprise interest rate cut by China‘s central bank – showed China‘s industrial production, retail sales and exports came in weaker-than-expected, and the report ignored youth unemployment, which hit a record high of had reached 21.3 percent.

All of this is happening against the backdrop of an unstable real estate sector, made headlines most recently by the bankruptcy filing of Evergrande, the world‘s most indebted real estate developer, and two missed coupon payments on Country Garden Holdings bonds.

Find out here what all this could mean for the rest of the world markets.

collapsing trade

Given its important role in world trade, China is not solely responsible for these problems.

Alfredo Montufar-Helu, head of the China Center at the Conference Board, told Insider that the country is still responsible for about 30 percent of global growth, and that any slide in the country will have far-reaching repercussions on markets around the world.

“Unlike during the great financial crisis, China will not be the engine of the global economic recovery after the COVID-19 pandemic,” he said. “As the Chinese economy remains under downward pressure, its growth momentum could slow further, which in turn would add to the already significant pressures on the global economy.”


China’s crisis could impact global markets

Foreclosed Properties and Surging Auctions: A 20% Surge Highlights China’s Growing Economic Concerns

Following Evergrande’s default on debts owed to Anglo-Saxon creditors and the escalating economic tensions within China, the real estate sector is once again sounding alarm bells regarding the country’s economic well-being. The latest cause for concern stems from revelations about foreclosure rates within the nation, which, coupled with the ongoing economic challenges, paint a grim picture for the Dragon’s economic stability.

China, having exhausted the various exemptions introduced in response to the initial impact of the Covid-19 outbreak and then grappling with the pandemic’s subsequent ramifications, is reeling from the aftermath. Startling data unveiled in the China Index Academy’s recent report divulges a dramatic surge in foreclosures during the first half of 2023 compared to the previous year. Petrochemicals rPET China Economy

Notably, the China Index Academy’s report indicates a staggering 20% increase in the number of foreclosed properties in China from January to June 2023 in contrast to the same period in 2022. The primary driver behind this surge is the incapability of a substantial number of citizens to meet their mortgage obligations or adhere to repayment schedules for their debts. To put it in perspective, a staggering 304,000 properties faced foreclosure within the considered six-month timeframe, equating to over 1,650 properties per day, with 179,000 houses subjected to auction. The province of Henan experienced the most profound surge, witnessing a remarkable 63% increase in such proceedings, closely followed by the southwest province of Sichuan with a notable 51% rise. The China Index Academy additionally raises concerns about the potential for a housing bubble, as certain regions like the Pearl River Delta have seen housing prices reach unsustainable levels.

The defaults by industry giants such as Evergrande have set in motion a chain of events that have eroded the safety nets once provided by intermediaries, who mediated and absorbed bad debts. China’s inherent challenges in managing its post-Covid recovery further compounded the situation. Petrochemicals rPET China Economy

“The roots of the sudden surge in foreclosure rates were sown much earlier, as the process takes at least a year or two to culminate,” explained Wang Shenglan, the general manager of Lanjing Investment Management, in an interview with financial news outlet Yicai. Wang went on to predict that “the deceleration in economic growth will inevitably lead to a higher percentage of mortgage defaulters, consequently leading to an increase in foreclosures next year and even in 2025, though perhaps not exceeding the 20% mark.” With new-build home prices averaging a year-on-year decline of 2.4% and existing home prices plummeting by 6%, millions of Chinese homeowners now face the potential dilemma of repaying mortgages exceeding the current value of their residences, potentially giving rise to market anomalies.

It’s crucial to note that the construction sector accounts for a significant 30% of China’s GDP and remains central to Beijing’s efforts to sustain robust quantitative values. Fitch, a prominent credit rating agency, even hailed it as “the single most valuable sector in the world” in terms of output. A substantial contraction in this sector’s output could deal a significant blow to Beijing’s growth prospects and potentially impact its credit rating. Post-Evergrande, yet another looming challenge for China is navigating these tumultuous waters while avoiding the ripple effects of financial instability.

President Xi Jinping and his administration must work tirelessly to prevent such a contagion and safeguard the developmental claims that underpin China’s economic narrative and model. Petrochemicals rPET China Economy

Petrochemicals rPET China Economy

The Evolving Middle East: Iran-Saudi Arabia Relations and Geopolitical Concerns for the US

The ever-shifting dynamics of the Middle East continue to captivate global attention, with particular focus on the Iran-Saudi Arabia axis and Russia’s ties with nations of the “south.” Amidst this intricate landscape, the United States finds itself increasingly concerned, as recent events signal a changing balance of power that could impact regional stability and Washington’s global influence.

Iran, a key player in the region, remains under the watchful gaze of the United States. The American apprehension stems not only from Iran’s nuclear program, orchestrated by the Ayatollahs but also from the intricate strategies of the Islamic Republic. A recent development sparking curiosity is the unprecedented visit of Iran’s Foreign Minister, Hossein Amirabdollahian, to Saudi Arabia. Until a short while ago, such a diplomatic excursion to the land of the Saud would have been deemed implausible. However, the intervention of China has paved the way for a renewal of dialogue between the two longstanding rivals. Petrochemicals rPET China Economy

This rapprochement follows years of indirect yet intense conflicts, which had entrenched their differences across the hottest theaters of the Middle Eastern chessboard – from Syria and Yemen to Lebanon and Iraq.

During a joint press conference with Saudi Foreign Minister Prince Faisal bin Farhan, Amirabdollahian hinted that relations were moving in a “right direction,” rekindling the possibility of high-level talks between the two nations’ leaders. Echoing this sentiment, Prince Faisal underscored Riyadh’s intent to fortify ties with Tehran, labeling the restoration of diplomatic relations as a transformative “turning point for security in the region.” Such unambiguous statements transcend mere diplomatic formalities, carrying profound implications for regional geopolitics.

In the Middle East, every interaction and pronouncement carries significant weight. This context explains why Amirabdollahian extended his visit to Saudi Arabia to meet with Crown Prince Mohammed bin Salman. Petrochemicals rPET China Economy

As the de facto leader of Riyadh and a recent participant in discussions concerning Ukraine, bin Salman has a vested interest in affirming amicable relations with Iranian counterparts, particularly given China’s growing influence in the regional arena. Notably, this moment is pivotal for the Middle East. The entry of China into the geopolitical stage has upended established parameters, compelling local governments to recalibrate their strategic alignments.

The United States faces the challenge of preserving its presence in a region critical to global stability without appearing to disengage. However, recent events suggest that regional powers are increasingly exploring new avenues without necessarily being tethered to Western interests. The allure of the BRICS – a bloc uniting emerging economies beyond the Western sphere – resonates across Africa and Asia. While not yet equivalent to the complex network of US alliances, recent geopolitical shifts have set off alarms in the White House, prompting concerns about its eroding authority, which historically upheld American leadership in various domains. Petrochemicals rPET China Economy

Against this backdrop, Russia’s sustained ties with nations in the “south of the world,” despite sanctions and the contentious situation in Ukraine, is a troubling indicator for Washington. This concern is exemplified by Iran’s role as a gauge of US apprehensions. For some time, the US has been pressuring Iran to cease drone deliveries to Russian forces, even bringing up the issue during negotiations for the release of American prisoners in Iran. This pressure has intensified, underscored by the Washington Post’s revelation of a joint drone manufacturing facility in Alabuga, Republic of Tatarstan, involving Iranian technicians. Russia’s ambition to produce six thousand drones by 2025 aligns with bleak forecasts for the future of the Ukrainian conflict. As Iran increasingly pivots towards the east and faces mounting sanctions, it appears disinclined to sever its axis with Moscow. As the Islamic Republic eyes membership in the BRICS, observers ponder not only its trajectory but also the prospects for a Middle East undergoing a profound transformation.

In conclusion, the Middle East remains an intricate geopolitical puzzle with Iran-Saudi Arabia relations and Russia’s strategic partnerships in the “south” emerging as significant factors. The evolving dynamics in the region have raised concerns for the United States, prompting a reevaluation of its global influence amid changing alliances and shifting power dynamics. As Iran continues to make diplomatic moves, the global community watches closely, aware that each action carries far-reaching implications for regional stability and the global balance of power. Petrochemicals rPET China Economy

The Evolving Middle East: Iran-Saudi Arabia Relations and Geopolitical Concerns for the US

Iveco Embraces the Future: Hydrogen-Powered Trucks Set to Revolutionize Transportation

In a world increasingly attuned to the imperatives of ecological sustainability and carbon emission reduction, the emergence of Iveco hydrogen trucks marks a pivotal development in the transportation sector. The spotlight is firmly fixed on the horizon as Iveco Group, a trailblazer in the field, prepares to unveil hydrogen-powered trucks manufactured in Germany, aligning with global aspirations for a cleaner, more sustainable future.

Amidst a dynamic landscape of transformative innovations, the star of the show is undoubtedly the Iveco hydrogen truck. The endeavor stems from a strategic collaboration initiated in 2019 between the Iveco Group and Nikola Corporation, fueled by the shared vision of developing zero-emission vehicles. This partnership bore fruit in the creation of a joint venture, housing a state-of-the-art production facility in Ulm, Germany. The relationship deepened over four years of productive synergy, culminating in the Iveco Group’s recent announcement of its full acquisition of the joint venture, heralding a new phase in their mutual journey. Petrochemicals rPET China Economy

However, the story doesn’t conclude with the acquisition. Iveco’s determination extends to the manufacturing and marketing of heavy electric trucks, encompassing both battery and fuel cell technologies under its venerable brand. A fusion of cutting-edge components and innovations characterizes these exceptional vehicles: an electric axle from FPT Industrial, a division of the Iveco Group; batteries supplied by Proterra; and fuel cell technology, among other vital elements, forged by the renowned Bosch.

Central to this groundbreaking narrative are two stellar offerings: the IVECO HD FCEV and the IVECO HD Bev. While the former embraces hydrogen propulsion, boasting an 800 km range, surpassing its battery-powered counterpart, the latter stands as a 100% electric marvel with a commendable range of 500 km. Notably, the hydrogen-powered truck can replenish its energy reserves in less than 20 minutes, defying convention and setting new benchmarks. Its hydrogen storage capacity, rated at 70 kg, operates at a pressure of 700 bar. Imminent action is anticipated, with the initial batch slated for delivery in France, Switzerland, and Germany by the close of 2023. Petrochemicals rPET China Economy

A seismic shift in hydrogen mobility dawns upon Europe, driven by the partnership’s audacious strides. Iveco’s alliance with Nikola Corporation has illuminated a pioneering pathway within the zero-emission vehicle realm. This juncture, accentuated by Iveco’s acquisition of the joint venture, propels the conglomerate into an expanded realm of heavy electric vehicles and beyond.

With a nod to the winds of change, Iveco Group and Air Liquide together pioneered Europe’s premier hydrogen refueling station dedicated to heavy vehicles in Fos-sur-Mer, Marseille. This monumental effort seamlessly dovetails with the HyAMMED and H2Haul initiatives, endorsed by the French Government and the European Clean Hydrogen Partnership. The ambition: to seamlessly integrate hydrogen into long-haul transport. Melding Air Liquide’s hydrogen expertise with Iveco’s mastery in alternative fuel trucks, the station has the capacity to dispense up to 1 ton of green hydrogen daily at 700 bar.

Iveco’s endeavors resonate beyond the realm of innovation, wielding tangible impact on markets and the transportation sector at large. These advances align harmoniously with the H2Haul project, funded in part by the Clean Hydrogen Partnership, dedicated to hastening the adoption of hydrogen solutions within commercial transport.

In the grand tapestry of transformation, Iveco Group stands as a vanguard, steering the heavy transport sector onto greener pastures. Their vehicles not only curtail emissions but also deliver peerless efficiency and performance. As society’s yearning for clean energy and sustainable transportation solutions escalates, corporations like Iveco inhabit pivotal roles, scripting the unfolding chapters of our planet’s future. Petrochemicals rPET China Economy

Iveco Embraces the Future: Hydrogen-Powered Trucks Set to Revolutionize Transportation

The Economical Advantages of Plastic Recycling


Plastic recycling stands as a beacon of sustainability in our modern world, not only benefiting the environment but also generating substantial economic savings. As the world grapples with mounting environmental challenges and resource scarcity, the economic advantages of plastic recycling have become more pronounced than ever. This article delves into the multifaceted ways in which plastic recycling contributes to cost savings across various sectors.

Reducing Raw Material Costs

One of the most compelling economic benefits of plastic recycling is its potential to significantly reduce raw material costs. Traditional plastic production heavily relies on fossil fuels and virgin raw materials, which can be both environmentally taxing and economically burdensome due to fluctuating oil prices. In contrast, recycled plastics can serve as a cost-effective alternative, as they require less energy and resources to manufacture while also mitigating the environmental impact of extraction. Manufacturers utilizing recycled plastics can experience considerable savings by minimizing their dependency on expensive primary materials, thereby increasing their profit margins. Petrochemicals rPET China Economy

Energy Efficiency and Cost Reduction

The recycling of plastics requires substantially less energy compared to the production of virgin plastics. The energy-intensive processes involved in extracting, refining, and processing crude oil into plastic polymers can be circumvented through recycling. By melting and reprocessing used plastics, manufacturers can curtail energy expenditures and subsequent costs. This energy efficiency not only lowers the operational expenses for manufacturers but also aids in reducing the overall carbon footprint, aligning with sustainable business practices.

Waste Management Savings

The improper disposal of plastic waste is a significant concern that incurs vast financial burdens on municipalities and governments. Plastic waste clogs landfills, requiring constant management, and its persistence in oceans and ecosystems leads to expensive cleanup efforts. Through comprehensive recycling initiatives, municipalities can mitigate the costs associated with waste disposal. Diverting plastic waste from landfills not only extends the life of these facilities but also decreases the need to establish new ones, saving local governments substantial expenses in land acquisition and facility construction.

Job Creation and Economic Growth

Plastic recycling can contribute to the creation of job opportunities and local economic growth. Recycling centers, collection facilities, and processing plants require a skilled workforce for sorting, processing, and managing the flow of materials. As recycling initiatives expand, these facilities demand more workers, leading to employment opportunities within communities. Petrochemicals rPET China Economy

Moreover, recycling activities promote a circular economy, fostering innovation and driving demand for recycling-related technologies and services, which can stimulate economic growth.

Brand Reputation and Consumer Appeal

Companies that embrace plastic recycling and integrate sustainable practices into their operations often enjoy enhanced brand reputation and consumer appeal. Modern consumers are increasingly conscious of environmental issues and prefer businesses that demonstrate a commitment to sustainability. By adopting recycling practices, companies can attract environmentally-minded consumers, leading to increased sales and market share. This positive association between recycling efforts and brand image can yield substantial returns on investment, making recycling an economically savvy strategy.

Reducing Regulatory and Compliance Costs

Stringent environmental regulations and compliance standards are becoming more prevalent as governments aim to address plastic pollution and promote sustainability. By embracing plastic recycling, companies can proactively adhere to these regulations, avoiding potential fines and penalties. Moreover, forward-thinking businesses that integrate recycling into their operations can anticipate future regulatory changes and stay ahead of compliance requirements, thus minimizing potential disruptions and associated costs. Petrochemicals rPET China Economy


Plastic recycling emerges as a multifaceted solution that not only addresses environmental concerns but also yields significant economic advantages. From reducing raw material costs and energy expenditures to curbing waste management expenses and fostering economic growth, the economic benefits of plastic recycling are undeniable. As the world continues to grapple with environmental challenges and resource constraints, the adoption of recycling practices stands as a prudent choice for businesses and communities alike. By embracing plastic recycling, stakeholders can forge a path toward a more sustainable and economically prosperous future.

The Economical Advantages of Plastic Recycling

Covestro Achieves a Significant Milestone in Circular Economy: Chemical Recycling of Polycarbonate

The pursuit of a circular economy gains momentum as plastics manufacturer Covestro unveils a groundbreaking method for recycling polycarbonate, a type of multi-chain plastic. This innovative process involves the conversion of plastics back into their fundamental monomers, essentially precursors of plastics. This recycling approach enables these monomers to be seamlessly reintroduced into the production cycle as alternative raw materials, setting the stage for a more sustainable future. Petrochemicals rPET China Economy

Embarking on a journey toward scaling this approach to an industrial level, Covestro initiates the pilot implementation of chemical recycling at its Leverkusen site. Through this transformative process, Covestro aims to fine-tune the methodology, achieving optimization and advancing through subsequent developmental phases.

At its core, the concept of recycling plastics through chemical means supplants the need for primary fossil-based raw materials in manufacturing. Covestro’s strategic vision foresees comprehensive recycling as a pivotal contributor to achieving climate neutrality and safeguarding our precious natural resources and environment. While mechanical recycling of polycarbonate already holds a key position in the company’s recycling strategy, chemical recycling emerges as an important complementary strategy. Mechanical recycling is best suited when waste streams remain uncontaminated and the resultant recycled polycarbonate meets the quality requirements of its intended application.

Chemical recycling unveils an innovative horizon by reconstructing plastic components into their elemental monomers. These monomers can then be isolated and harnessed as raw materials for future plastic production. Notably, chemical recycling expands the scope of recyclability to encompass larger waste streams that may not be conducive to mechanical processes, thereby enabling the creation of high-quality plastics. Covestro’s proactive stance in developing chemical recycling is a testament to its commitment to fostering sustainable practices. Petrochemicals rPET China Economy

The newly unveiled process, a result of collaborative efforts by an international team, introduces a tailored chemolysis procedure designed exclusively for polycarbonate. This novel technique demonstrates its effectiveness by recycling pre-sorted waste streams containing over 50% polycarbonate content. Markus Dugal, Covestro’s Head of Process Technology, elaborates, “Various plastic wastes containing polycarbonate have been successfully processed using this chemolysis technique. This method enables the closure of the polycarbonate cycle by directly producing its precursor, rendering the recycling process exceptionally sustainable.”

A notable feature of this recycling breakthrough is that the recycled product, the precursor of polycarbonate, can be directly utilized as a raw material without further processing. This achievement enables mass balancing and empowers the integration of this recycled precursor into the production of polycarbonate, thereby maintaining high product quality. Lily Wang, Head of the Business Entity Engineering Plastics, underscores the importance of such high-quality recycled raw materials in applications demanding superior attributes, including safety, optical clarity, and aesthetics. Petrochemicals rPET China Economy

This extends to critical sectors such as automotive manufacturing and the realm of consumer electronics.

Transitioning from successful laboratory development, the next phase of advancement involves the technical realization of a continuous recycling process. A pilot plant, currently in the planning stage, is slated to provide invaluable insights necessary for eventual expansion to industrial proportions. With substantial investments totaling millions of euros over the coming years, this pilot plant will take shape in Leverkusen, Germany.

Simultaneously, Covestro remains dedicated to propelling forward additional innovative polycarbonate recycling methods within its research laboratories. This commitment encompasses diverse alternatives, including chemolytic processes, enzyme-based plastic breakdown, and intelligent pyrolysis.

As these promising alternatives mature, they too will undergo piloting and testing, underlining Covestro’s steadfast commitment to redefining recycling paradigms and embracing the principles of a circular economy. Petrochemicals rPET China Economy

Covestro Achieves a Significant Milestone in Circular Economy: Chemical Recycling of Polycarbonate

Microplastic pollution CATL battery – Is Superfast Charging Battery the future? 19-08-2023

Petrochemicals rPET China Economy

Petrochemicals PET-Bottle-grade – Will Indorama be the most prominent player in the PET recycling industry? 21-08-2023

Petrochemicals PET-Bottle-grade

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – My66 – PP
  • Feedstocks : PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber  

Petrochemicals PET-Bottle-grade

ITEM 14/08/2023 21/08/2023 +/-
Bottle grade PET chips domestic market 7,050 yuan/ton 7,075 yuan/ton +25
Bottle grade PET chips export market 895 $/ton 895 $/ton
Filament grade Semidull chips domestic market 6,820 yuan/ton 6,860 yuan/ton +40
Filament grade Bright chips domestic market 6,860 yuan/ton 6,890 yuan/ton +30
Pure Terephthalic Acid PTA domestic market 5,845 yuan/ton 6,015 yuan/ton +170
Pure Terephthalic Acid PTA export market 790 $/ton 760 $/ton -30
Monoethyleneglycol MEG domestic market 3,940 yuan/ton 4,000 yuan/ton +60
Monoethyleneglycol MEG export market 462 $/ton 464 $/ton +2
Paraxylene PX FOB  Taiwan market

Petrochemicals PET-Bottle-grade

1,077 $/ton 1,043 $/ton
Paraxylene PX FOB  Korea market 1,054 $/ton 1,020 $/ton -34
Paraxylene PX FOB EU market 1,180 $/ton 1,180 $/ton
Polyester filament POY 150D/48F domestic market 7,680 yuan/ton 7,600 yuan/ton
Recycled Polyester filament POY  domestic market 7,350 yuan/ton 7,250 yuan/ton -100
Polyester filament DTY 150D/48 F domestic market 9,200 yuan/ton 9,150 yuan/ton -50
Polyester filament FDY 68D24F

Petrochemicals PET-Bottle-grade

8,800 yuan/ton 8,800 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,300 yuan/ton 8,220 yuan/ton -80
Polyester staple fiber 1.4D 38mm domestic market 7,450 yuan/ton 7,530 yuan/ton +80
Caprolactam CPL domestic market 12,850 yuan/ton 12,700 yuan/ton
Caprolactam CPL overseas  market 1,550 $/ton 1,500 $/ton
Nylon 6 chips overseas  market 1,750 $/ton 1,750 $/ton
Nylon 6 chips conventional spinning domestic  market 13,500 yuan/ton 13,250 yuan/ton -250
Nylon 6 chips  high speed spinning domestic  market

Petrochemicals PET-Bottle-grade

14,450 yuan/ton 14,250 yuan/ton -200
Nylon 6.6 chips domestic  market 18,000 yuan/ton 18,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,600 yuan/ton 16,400 yuan/ton -200
Nylon6 Filament DTY 70D/24F domestic  market 18,800 yuan/ton 18,600 yuan/ton- -200
Nylon6 Filament FDY  70D/24F  17,600 yuan/ton 17,500 yuan/ton -100
Spandex 20D  domestic  market

Petrochemicals PET-Bottle-grade

36,500 yuan/ton 36,500 yuan/ton
Spandex 30D  domestic  market 35,000 yuan/ton 35,000 yuan/ton
Spandex 40D  domestic  market  31,500 yuan/ton 31,800 yuan/ton +300
Adipic Acid domestic market 9,800 yuan/ton 9,450 yuan/ton -350
Benzene domestic market

Petrochemicals PET-Bottle-grade

7,650 yuan/ton 7,850 yuan/ton +200
Benzene overseas  market 903 $/ton 904 $/ton +1
Ethylene South East market 810 $/ton 860 $/ton +50
Ethylene NWE market 624 $/ton 691 $/ton +67
Acrylonitrile ACN  domestic market

Petrochemicals PET-Bottle-grade

8,300 yuan/ton 8,200 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 13,600 yuan/ton 13,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,800 yuan/ton 12,850 yuan/ton +50
PP Powder domestic market

Petrochemicals PET-Bottle-grade

7,175 yuan/ton 7,450 yuan/ton +275
Naphtha overseas market  665 $/ton 645 $/ton -20
Phenol domestic market 8,212 yuan/ton 8,045 yuan/ton +167


r-PET high end eco-friendly chips =7,700 yuan/ton 7,700 yuan/ton   

Petrochemicals PET-Bottle-grade

AMB Spa, an Italian packaging company, is taking significant strides towards sustainability by partnering with Indorama, a prominent player in the PET recycling industry

This collaboration aims to revolutionize the production of food-grade packaging film by utilizing post-consumer recycled PET trays, thus contributing to the reduction of plastic waste and environmental impact.

The foundation of this innovative endeavor lies in the utilization of PET flakes sourced from Indorama’s PET tray recycling operations. Nestled in Verdun, France, Indorama’s facility specializes in transforming post-consumer PET trays into high-quality flakes, which are integral to the production of food-safe packaging materials. In 2022, this pioneering process underwent meticulous scrutiny by the European Food Safety Authority. Leveraging cutting-edge NGR technology and a sophisticated melt-state polycondensation approach, the recycling process demonstrated its capability to uphold stringent safety standards. The assessment highlighted its remarkable ability to mitigate the migration of potential unknown contaminants, thus cementing the recycled PET’s viability for applications involving food contact. This validation effectively erased any safety concerns associated with incorporating recycled PET into food-grade materials.

The collaboration between AMB and Indorama holds a dual benefit for both the environment and the packaging industry. By amalgamating AMB’s packaging expertise with Indorama’s PET recycling prowess, the partnership seeks to divert a staggering 150 million post-consumer trays away from detrimental outcomes such as landfill disposal or incineration. This concerted effort represents a substantial stride towards mitigating the environmental burden posed by plastic waste. With this trajectory, the partnership envisions reaching this ambitious target by the culmination of 2025, thereby aligning their endeavors with the global call for heightened sustainability practices.

In the context of broader environmental imperatives, the European Union has set forth comprehensive goals to revolutionize the packaging landscape. By 2030, the aim is to render all packaging materials recyclable, further escalating this ambition to enabling large-scale recycling by 2035. Indorama is at the vanguard of this movement, embodying a commitment to eco-conscious practices. With aspirations as lofty as they are impactful, Indorama is steadfastly working towards an annual input of 750,000 tons of post-consumer PET bales by 2025. This commendable pursuit of scale is underpinned by the expansion of PET recycling operations, a testament to Indorama’s dedication, which extends even to international dimensions with the augmentation of its operations in Brazil, as announced on August 9th.

The fusion of AMB’s packaging innovation and Indorama’s PET recycling breakthroughs exemplifies the power of collaboration in propelling sustainability. By integrating recycled PET into food-grade packaging film, the partnership fosters a circular economy model that significantly curtails the need for virgin plastic production. This resonates not only with evolving consumer preferences for eco-friendly products but also with the imperative to preserve and restore the planet’s health.

In conclusion, the alliance between AMB Spa and Indorama stands as a beacon of progress within the packaging industry. By harnessing recycled PET from post-consumer trays, they are reshaping the landscape of food-grade packaging films. Their commitment not only aligns with the European Union’s sustainability goals but also sets a remarkable precedent for industry collaboration that prioritizes innovation, environmental stewardship, and a circular economy. In an era marked by environmental challenges, this partnership represents a significant leap towards a more sustainable future.

AMB Spa, an Italian packaging company, is taking significant strides towards sustainability by partnering with Indorama, a prominent player in the PET recycling industry

Chemists Forge Advanced Synthetic Catalysts Resembling Super Enzymes for Biomass Conversion

Gazing out of his office window on a rain-soaked afternoon, Yan Zhao, a distinguished chemistry professor at Iowa State University, directed attention to the towering trees that lined the campus. He mused upon his pursuit: the creation of innovative synthetic catalysts capable of deconstructing cellulose, the tenacious plant fibers that imbue those trees with their remarkable strength and height. With a contemplative expression, Zhao remarked, “Cellulose possesses enduring resilience—a tree doesn’t simply dissolve following a rain shower. Breaking down cellulose presents a formidable challenge.”

Yet, within the confines of his laboratory, Zhao envisions a promising solution, a technological breakthrough that could potentially transform plant biomass into a pragmatic source of sugars with broad applications, including the production of fuels and chemicals. Harnessing inspiration from nature’s ingenuity, Zhao’s research group endeavors to engineer synthetic catalysts akin to super enzymes—these catalysts mirror the cellulose-degrading capabilities of their biological counterparts, but with added adaptability to extreme environments and an inherent capacity for repeated recycling.

In the race to conquer the intricacies of cellulose deconstruction, synthetic catalysts presently stand at an intermediary position between two natural enzymes, a pivotal juncture visualized by a vivid illustration crafted by Yan Zhao. “Our muse is biology,” Zhao elucidated. “We aspire to emulate the attributes of natural enzymes, and our preliminary results are indeed promising.”

Natural enzymes, proteins intrinsic to biological systems, function as catalysts by orchestrating chemical reactions that underpin essential biological processes. From facilitating cellular metabolism to aiding food digestion, enzymes play an indispensable role. Within this framework, three enzymes—endocellulase, exocellulase, and beta-glucosidase—hold the capability to degrade and digest plant-derived fibers, namely cellulose.

Although natural enzymes present themselves as logical candidates for industrial cellulose processing, they are fraught with limitations. Their expensive production, susceptibility to high temperatures and non-aqueous solvents, and their instability and recycling challenges render them less practical. Spanning a decade of dedicated research, Zhao’s team has diligently cultivated nanoparticle catalysts endowed with the potential to surmount these obstacles. Generous funding from the National Institutes of Health and the National Science Foundation (NSF) has propelled these advancements, while the Iowa State University Research Foundation actively pursues patent protection for the technology and seeks collaborative industry partners.

Further invigorating their efforts, a recent three-year, $400,000 grant from the NSF will propel Zhao’s innovative ideas regarding enzyme-mimicking catalysts. Collaborating on this venture is Sijia Dong, an assistant professor of chemistry and chemical biology at Northeastern University in Boston. Dong’s expertise in computational simulations is expected to unravel intricate details of the catalyst’s active reaction sites. Zhao expressed, “These simulations will bestow upon us a deeper comprehension of our intricate system, a system of considerable complexity.”

Zhao’s research brigade leverages dynamic nanospheres, aptly labeled micelles, in their journey. Micelles spontaneously assemble when chains of surfactant molecules, agents that mitigate liquid surface tension, encounter water. This interaction prompts the hydrophilic molecule heads to form an outer shell enveloping the hydrophobic tails—an arrangement solidified by ultraviolet light. Zhao’s team ingeniously orchestrates the assembly of micelles around template molecules mimicking active sites. Upon solidification, these “molecularly imprinted nanoparticles,” measuring a mere five billionths of a meter, replicate the binding and catalytic traits of natural enzymes. Strategically positioning themselves, these nanoparticles efficiently and selectively cleave cellulose bonds.

The potential outcome of this ambitious research endeavor is articulated in a project summary, envisioning the emergence of synthetic cellulose-catalyzing agents that rival the activity of natural cellulases while offering heightened ease of preparation and recyclability. Zhao’s aspiration is to see these catalysts seamlessly integrated into industrial practices, which dovetails harmoniously with the contemporary ethos and demands of the era.

Chemists Forge Advanced Synthetic Catalysts Resembling Super Enzymes for Biomass Conversion

Microplastic pollution CATL battery – Is Superfast Charging Battery the future? 19-08-2023

Microplastic pollution CATL battery

Xi Jinping’s Move: Market Shutdown and Crackdown on the Wealthy

The label of a “time bomb” affixed by Joe Biden onto China in the midst of increasingly conspicuous economic difficulties allows for diverse interpretations. This analysis will diverge from strict economic considerations, leaving to others the task of forecasting a potential oriental version of the Lehman Brothers crisis. Instead, the focus will be on deciphering the underlying causes of the crisis and envisioning its potential trajectory from Beijing’s perspective.

A noteworthy fact is the transformation of seventy-year-old Xi Jinping into a highly centralized figure in the Chinese political landscape, reminiscent of the levels of power consolidation seen during Mao’s era. In the wake of Deng Xiaoping’s “Get rich!” slogan, China had witnessed a gradual wane in its liberal trajectory, gradually succumbing to authoritarian control exerted by a Communist Party that had grown progressively less adherent to communist ideals.Microplastic pollution CATL battery

Guided by Xi Jinping’s input, the Communist Party has incrementally seized control of the Chinese economy. This neo-statist approach, constraining private enterprise and investment, emerges as a pivotal factor behind the present crisis. However, the West’s mounting apprehensions regarding Beijing’s unmistakable aspirations for global hegemony also contribute to this predicament. Beijing’s tactics in suppressing the potential democratization of Hong Kong, the formidable threats directed at Taiwan, viewed as a democratic alternative to mainland China, and the assertive expansionism in the South China Sea all instigate a natural inclination for distancing. The perils of maintaining overly proximate economic ties (including the supply of strategic resources) with Beijing become evident, particularly given Russia’s recent attempt to exert pressure on Europe through gas supplies amidst its aggression against Ukraine. The West’s response has involved diversifying manufacturing to new locations, chiefly India, or repatriating production facilities. Microplastic pollution CATL battery

Conventional wisdom dictated that Xi should ease his grip on state control as China’s youth unemployment soared beyond 20% according to official statistics. Yet, Xi Jinping is no proponent of liberalism. In tandem with Vladimir Putin, he aspires to dismantle the American-led global order and supplant it with an alliance of illiberal autocracies. Rather than revitalizing the economy by harnessing private initiative and capital, Xi has chosen an alternative route. In response to the disillusionment of young Chinese who grew up amidst the mirage of bourgeois prosperity, he employs a Maoist strategy: encouraging acceptance of modest but honorable manual labor and even advocating for work in rural areas or as volunteers. This approach unveils the regime’s true essence and underscores Xi’s willingness to undertake the associated risks.

Nonetheless, an unsettling prospect looms over China, one stemming from its prolonged period of rapid growth: internal tensions spilling over into external conflict or outright war. It holds significance that at the ripe age of one hundred, Henry Kissinger embarked on a journey to Beijing, delivering an impassioned plea. He implored the Chinese Dragon and the American Eagle to collaborate rather than engage in confrontation. Nevertheless, many analysts project an inevitable long-term clash between an ambitious Beijing and the United States, the master of maritime dominance. Microplastic pollution CATL battery

Should the ongoing crisis, grounded in tangible economic struggles, morph into a crisis of consensus concerning the absolute authority of the Chinese Communist Party, Xi may be tempted to disregard the advice of the US Realpolitik master and amplify the crescendo of his muscular nationalism. In the intricate tapestry of China’s complex trajectory, Xi Jinping’s decisions wield the power to reshape not only the nation’s economy but also the contours of global geopolitics.

Xi Jinping's Move: Market Shutdown and Crackdown on the Wealthy

The German Packaging Prize’s “Sustainability” category witnessed a definitive victor this year: the ShoulderFlex bottle, weighing an astonishingly low 5.9 grams

The weight of this innovative creation clinched the honor for the lightweight wonder, as it stood as a pioneering solution in the realm of sustainable packaging. What sets the ShoulderFlex apart is its remarkable ability to significantly curtail the carbon footprint attributed to water bottling. This feat is achieved by accomplishing a remarkable material reduction of up to 50 percent when compared to the standard 0.5-liter water bottles prevalent in the market.

At the heart of this achievement lies Krones’ ingenious bottle design, a design that seamlessly marries lightweight construction with a substantial positive impact. The benefits of this design, however, extend beyond its mere weight, manifesting themselves throughout the bottle’s entire lifecycle, from production to processing. Even without relying on the stabilizing influence of nitrogen pressurization, the ShoulderFlex bottles exhibit impeccable stackability, capable of accommodating an impressive topload of up to 40 kilograms.      Microplastic pollution CATL battery

Central to Krones’ overarching vision is the concept of responsible packaging material usage, a philosophy that embraces the creation of sustainable packaging solutions that embody not only resource efficiency but also practicability. The ShoulderFlex stands as a prime embodiment of this vision, fulfilling these requisites in their entirety. Martin Loistl and Jochen Forsthövel, integral members of the development team behind this innovation, elaborate, “ShoulderFlex adeptly addresses the essence of our vision – judicious packaging material usage. It not only stands as a testament to our commitment to sustainability but also serves as a testament to the feasibility of such endeavors. Despite requiring reduced amounts of PET for production, these containers do not compromise on stability or convenience in comparison to the conventional bottles currently populating the market.”

The innovation, as championed by Krones, takes a substantial stride in advancing the cause of sustainable packaging solutions. The ShoulderFlex bottle encapsulates an impressive narrative of lightweight ingenuity that translates into tangible ecological benefits. The reduction in material consumption translates directly to a noteworthy decrease in the carbon emissions and resource utilization associated with conventional water bottling methods.

By reimagining the bottle’s construction, Krones has opened up a realm of possibilities where sustainability and practicality align seamlessly. Microplastic pollution CATL battery

For those seeking to delve deeper into this ground-breaking achievement, a visit to Krones is a must. Their dedication to pushing the boundaries of packaging innovation is evident through the ShoulderFlex, a product that not only embraces lightweight design but also champions the cause of environmental preservation. It is a testament to the transformative power of rethinking traditional methodologies and embracing visionary concepts.

In a world where sustainability has transcended the realm of buzzword to a dire necessity, the ShoulderFlex bottle signifies a pivotal turning point. It dismantles the assumption that lightweight equates to fragility, instead showcasing that substance and sustainability can thrive in harmony. Krones’ commitment to sustainable packaging is epitomized by this innovation, with the ShoulderFlex emerging as a beacon of progress in an industry that constantly seeks eco-friendly alternatives.

In conclusion, the ShoulderFlex bottle’s featherlight weight belies its significant impact on sustainability. Microplastic pollution CATL battery

Emerging triumphant in the German Packaging Prize’s “Sustainability” category, it offers a pioneering solution for reducing the environmental footprint associated with water bottling. Krones’ visionary bottle design not only redefines lightweight packaging but also resonates with the essence of responsible material usage. The ShoulderFlex bottle stands as a testament to Krones’ commitment to sustainable practices while demonstrating that practicality need not be compromised for the sake of conservation. A visit to Krones is an invitation to witness the future of packaging firsthand and to embrace the possibilities that lie at the intersection of innovation, sustainability, and convenience.

Microplastic pollution CATL battery

Scientists from the University of British Columbia have achieved a significant breakthrough in the fight against microplastic pollution in water bodies

Through innovative research, they have successfully developed an ingenious filter that employs biodegradable forest byproducts to effectively remove microplastics from water sources. This groundbreaking solution holds immense promise for mitigating the ecological and health hazards posed by these minute plastic particles.

Microplastics, diminutive plastic fragments measuring less than five millimeters in length, have emerged as a growing environmental concern due to their detrimental impacts on wildlife and potential threats to human well-being. Led by Orlando Rojas, the research team tapped into the potential of tannins – natural plant compounds commonly found in unripe fruits and often utilized as additives in winemaking – to engineer an efficient filtration system. By amalgamating these tannins with a layer of wood dust derived from residual materials of British Columbia’s lumber industry, they created a pioneering filter dubbed “bioCap.” Microplastic pollution CATL battery

This innovative filter demonstrated a remarkable capacity to selectively capture a substantial portion of microplastic particles suspended in water.

The implications of this discovery extend far beyond its initial success. Rojas envisions a wide spectrum of applications, ranging from the integration of this advanced filter into wastewater treatment plants to its incorporation as a domestic water purification mechanism. Even with ongoing global efforts to curtail plastic consumption, the ubiquity of microplastics in water bodies is anticipated to persist for years to come. These minuscule particles infiltrate water sources through sources like synthetic fabrics, disposable plastic goods, and even microbeads embedded in personal care products such as cleansers and cosmetics.

Detecting microplastics within water is a formidable challenge due to their pervasive dilution. Numerous scientific investigations have underscored the prevalence of microplastics in aquatic environments and underscored their pernicious effects on aquatic ecosystems. In a compelling illustration of this issue, the research team from UBC encountered microplastics in every water sample gathered during their expedition to Antarctica. Moreover, studies have confirmed that virtually all tap water sources are contaminated with microplastic particles, underscoring the urgent need for effective mitigation strategies. Microplastic pollution CATL battery

To validate the efficacy of their pioneering approach, the researchers systematically examined polypropylene microparticles encapsulated within tea bags. Their innovative technique achieved a remarkable trapping efficiency, ranging from 95.2% to 99.9%, thus effectively purifying a column of water from plastic contaminants. Furthermore, this revolutionary method exhibited an ancillary advantage by thwarting the accumulation of microplastics within the organs of mice.

The evolution of this remarkable filtration system signifies a dual triumph, addressing both environmental imperatives and the potential health hazards linked to microplastic exposure. With the world at the precipice of an environmental crisis posed by plastic pollution, solutions like the bioCap filter provide a ray of hope. As this research continues to mature, its successful integration into wastewater treatment infrastructure and domestic water purification systems could catalyze a transformative shift in our approach to safeguarding water bodies from the perils of microplastic contamination.

In conclusion, the pioneering work conducted by scientists at the University of British Columbia showcases a monumental stride in the battle against microplastic pollution. Through innovative deployment of biodegradable materials, they have harnessed the power of tannins and wood dust to create a groundbreaking filter that holds the potential to revolutionize water purification methods. Microplastic pollution CATL battery

As the world grapples with the persistent challenges posed by plastic pollution, this discovery emerges as a beacon of promise, offering a tangible solution to safeguard the environment and human health from the pervasive threat of microplastics.

Microplastic pollution CATL battery

CATL Unveils Revolutionary Shenxing Superfast Charging Battery, Paving the Way for EV Superfast Charging Era

NINGDE, China, August 16, 2023 /PRNewswire/ — On the 16th of August, CATL made history with the introduction of Shenxing, an unprecedented 4C superfast charging LFP battery. Capable of propelling electric vehicles (EVs) to cover 400 km with just a 10-minute charge and over 700 km on a single full charge, Shenxing is poised to vanquish range anxiety and usher in a new era of EV superfast charging.

With the evolution of battery technology and the remarkable enhancement of overall EV battery performance, the automotive sector has successfully achieved substantial driving ranges for electric vehicles. Presently, the primary hurdle hindering consumers from embracing EVs is fast charging anxiety. By delving into the very essence of electrochemistry, CATL continues its trailblazing efforts in material science, electrochemistry, and system architecture.Microplastic pollution CATL battery

This innovative approach results in superfast charging capabilities, elevated energy density, and heightened safety measures all coexisting harmoniously. Shenxing transcends the confines of LFP chemistry, catalyzing an epoch of innovation within the battery domain.

Redefined LFP Battery Design to Quell Charging Apprehensions

Accelerated lithium-ion extraction. Shenxing harnesses the prowess of super electronic network cathode technology and employs fully nano-crystallized LFP cathode material to establish a super electronic network. This network facilitates swift lithium-ion extraction and rapid response to charging signals.

Enhanced lithium-ion intercalation rate. In a pioneering move, CATL integrates its latest second-generation fast ion ring technology into graphite innovation. This transformation modifies the properties of the graphite surface, augmenting intercalation channels and shortening the distance that lithium ions must traverse. This culminates in a high-speed expressway for current conduction. Furthermore, the development of a multi-gradient layered electrode design achieves an exquisite equilibrium between fast charging and extended range. Microplastic pollution CATL battery

Reduced resistance to lithium-ion movement. CATL introduces an innovative superconducting electrolyte formula, effectively lowering electrolyte viscosity and thereby improving conductivity. Additionally, CATL refines the ultra-thin SEI (Solid-Electrolyte Interphase) film to mitigate resistance in lithium-ion movement.

Enhanced lithium-ion transmission rate. Through strategic separator modifications, CATL achieves reduced transmission resistance for lithium ions by enhancing porosity and shortening average transmission distances.

Holistic Enhancement of Charging Speed, Range, and Safety

Beyond its impressive 4C superfast charging feat, Shenxing boasts an extensive driving range, versatile fast charging across varying temperatures, and augmented safety levels courtesy of structural innovation and intelligent algorithms.

Exceeding 700 km range. Employing a groundbreaking all-in-one grouping technology atop the integration of CTP 3.0 technology’s internal crossbeam and end plates, CATL achieves seamless integration and heightened grouping efficiency. This innovation empowers Shenxing to attain a remarkable range exceeding 700 km, shattering the limitations of LFP chemistry performance. Microplastic pollution CATL battery

Cold temperature charging. At room temperature, Shenxing accomplishes 80% state of charge (SOC) in a mere 10 minutes. Leveraging cell temperature control technology at the system level, CATL ensures rapid heating of cells to their optimal operational temperature range. This enables a 0-80% charge within 30 minutes even in frigid conditions as low as -10°C, all while maintaining uncompromised 0-100 kph acceleration performance.

Safety at the forefront. An upgraded electrolyte and separator adorned with a highly secure coating form a dual protective barrier for the Shenxing battery. Employing intelligent algorithms to regulate the global temperature dynamics within cells, CATL pioneers a real-time fault detection system. This system successfully tackles challenges arising from swift refueling, bolstering safety for the Shenxing battery.

Anticipated Mass Production by Late 2023, Initiating the Superfast Charging Era

Dr. Wu Kai, Chief Scientist of CATL, remarked at the launch event, “The trajectory of EV battery technology must remain aligned with global technological frontiers while delivering economic benefits.” As EV consumers evolve from pioneers to mainstream users, the democratization of advanced technology becomes imperative, ensuring that the fruits of innovation are savored by all.

Leveraging its robust manufacturing capabilities, CATL seamlessly transitions technology from laboratory to market, facilitating the swift mass production of the Shenxing battery. Gao Huan, CTO of CATL’s China E-car Business, disclosed that mass production of Shenxing will be realized by year-end. Electric vehicles equipped with Shenxing will grace the market in the first quarter of the ensuing year. Microplastic pollution CATL battery

The unveiling of Shenxing marks yet another milestone in EV battery technology evolution and is poised to expedite global e-mobility transformation. Upholding the ethos of democratizing technology, CATL remains committed to propelling widespread adoption of advanced technologies, thereby leaving an indelible mark on the global energy transition.

SOURCE Contemporary Amperex Technology Co., Limited

Microplastic pollution CATL battery

Stellantis Bolsters U.S. Lithium Production for Low Emissions with CTR Partnership

In a strategic move aimed at reinforcing its commitment to sustainable electric vehicle (EV) production, Stellantis N.V. has joined forces with Controlled Thermal Resources Holdings Inc. (CTR) in a groundbreaking initiative that involves a substantial investment of more than $100 million from Stellantis. The investment is set to propel the advancement of CTR’s ambitious Hell’s Kitchen project, touted as the world’s largest geothermal lithium undertaking, with the astounding capability to yield up to 300,000 metric tons of lithium carbonate equivalent annually. This innovative endeavor aligns harmoniously with Stellantis’ resolute drive towards achieving a greener automotive landscape while positioning its EVs for consumer incentives under the

U.S. Inflation Reduction Act (IRA). Microplastic pollution CATL battery

Central to this collaboration is the extension of the initial supply agreement between Stellantis and CTR, which has been substantially augmented. The augmented agreement now stipulates that CTR will deliver up to 65,000 metric tons of battery-grade lithium hydroxide monohydrate (LHM) each year over a decade-long contractual span. This augmented agreement seamlessly incorporates the foundational lithium supply arrangement inked by both entities in June 2022, which encompassed the provision of up to 25,000 metric tons of LHM per annum.

The pièce de résistance of this partnership lies within CTR’s Hell’s Kitchen project, nestled in California’s Imperial County. The project is set to extract lithium from geothermal brines utilizing renewable energy sources and steam, thereby orchestrating the creation of environmentally conscientious, “green” battery-grade lithium products through an intricately interwoven production process.

This method has the distinct advantage of obviating the necessity for the traditional, ecologically taxing evaporation brine ponds, open pit mines, and fossil fuel-dependent lithium processing methods.  Microplastic pollution CATL battery

Carlos Tavares, the Chief Executive Officer of Stellantis, articulates the significance of this strategic maneuver, emphasizing its role as a cornerstone in the ongoing endeavor to curtail carbon emissions and embrace sustainable practices within the automotive domain. “The foundation of our industry-leading decarbonization drive includes low-emissions production and sustainable supply as the building blocks for our electric vehicles,” Tavares underscores, adding, “The latest agreement with CTR is an important step in our care for our customers and our planet as we work to provide clean, safe, and affordable mobility in North America.”

This initiative synergizes seamlessly with Stellantis’ larger Dare Forward 2030 strategic plan, a visionary roadmap designed to transition the company into a paradigm where 100% of passenger car sales in Europe and 50% of passenger car and light-duty truck sales in the United States are attributed to battery electric vehicles (BEVs) by 2030. To actualize these ambitious targets, Stellantis has meticulously orchestrated the securing of approximately 400 GWh of battery capacity, buttressed by a robust network of six battery manufacturing plants spanning North America and Europe. The company takes pride in its unwavering trajectory towards achieving carbon neutrality by 2038, encompassing all scopes of emissions and balanced by a mere single-digit percentage of residual emissions offset.  Microplastic pollution CATL battery

In the words of Rod Colwell, the Chief Executive Officer of CTR, the significant infusion of capital by Stellantis into CTR serves as a pivotal landmark in the trajectory of both organizations. Colwell underscores the paramount importance of ethical battery material sourcing and production in an era marked by the rapid proliferation of EV adoption globally. He echoes the notion that by localizing the battery supply chain, it becomes feasible to mitigate supply chain vulnerabilities while simultaneously generating substantial employment opportunities in underserved communities. Colwell applauds the forward-thinking leadership of Stellantis and eagerly anticipates the emergence of new industry benchmarks in terms of reliability, efficiency, and ecological sustainability.

The collaboration between Stellantis and CTR is scheduled to bear tangible fruit with the commencement of battery-grade lithium hydroxide monohydrate supply to Stellantis in 2027. Microplastic pollution CATL battery

The venture holds the potential to create a significant economic impact, with the potential generation of 480 construction jobs through comprehensive project labor agreements and the ultimate projection of over 940 direct project-related employment opportunities upon full resource maturation. In essence, the alliance emerges as a testament to the transformative power of synergy, innovation, and commitment towards pioneering a cleaner, more sustainable automotive future.

Stellantis Bolsters U.S. Lithium Production for Low Emissions with CTR Partnership

Avantium, a pioneering technology provider in the realm of renewable chemistry and based in the Netherlands, has achieved a significant milestone by securing a substantial grant of €0.76 million from the EU Horizon Europe programme

This notable grant has been awarded in recognition of Avantium’s active involvement in the esteemed research and development initiative known as Rebiolution. The auspicious announcement of this accomplishment was made on the early morning of August 16th.

The overarching objective of the Rebiolution programme spans a three-year duration and centers on the intricate design and synthesis of innovative biobased and biodegradable polyester blends. These pioneering blends are anchored in the utilization of FDCA and other biobased monomers, strategically formulated for applications in plastic coatings for food packaging and agricultural mulch films. The funding, to be disbursed in multiple installments over a triennial timeline commencing in June 2023, will empower the realization of this transformative initiative. Microplastic pollution CATL battery

At the core of Avantium’s groundbreaking approach lies its proprietary technology, ingeniously named YXY. This innovative process ingeniously converts plant-derived sugars into the essential monomer known as FDCA. This versatile monomer can be skillfully polymerized alongside plant-derived mono-ethylene glycol (MEG) to generate a sustainable and eco-friendly plastic known as PEF.

FDCA, renowned as the second-ranking priority chemical by the US Department of Energy in its esteemed list of top 12 chemicals, has been earmarked for propelling the green chemistry industry of the future since 2004. Notably, FDCA serves as a pivotal building block for an extensive array of polymers, encompassing polyesters, polyamides, polyurethanes, coating resins, plasticizers, and various other chemical products. Capitalizing on this potential, Avantium is diligently constructing the world’s premier commercial FDCA facility, located in Delfzijl, the Netherlands. With an anticipated annual capacity of 5,000 tonnes, this pioneering plant is scheduled for inauguration in the year 2024.

As an active participant in the Rebiolution programme, Avantium assumes a pivotal role by contributing several hundreds of kilograms of FDCA. This precious resource will be directed towards the research, development, and production of an innovative biodegradable and compostable polyester blend. This blend stands poised to serve as a promising substitute for conventional PE in plastic coatings applied to diverse materials, including paper-based food packaging. Additionally, this breakthrough polyester blend exhibits immense potential as a fully biobased alternative for the widely prevalent PBAT, a partially fossil-based material extensively employed in mulch films. Microplastic pollution CATL battery

Kai Siegenthaler, the esteemed coordinator of the Rebiolution project and an authoritative figure in the realm of biopolymers research at BASF, elucidated the pivotal role of FDCA in the Rebiolution strategy. The unique attributes of FDCA, stemming from its plant-based origins and its structural likeness to the widely used commodity chemical PTA (purified terephthalic acid), lend it remarkable potential. This potential is harnessed through the strategic combination of FDCA with other biobased monomers, resulting in the creation of a fully biobased and biodegradable polyester that effortlessly aligns with stipulated criteria related to processing, longevity, performance, and cost-effectiveness.

Bas Blom, the director of Avantium Renewable Polymers, aptly summarized the significance of Avantium’s polymerization-quality FDCA in light of the Rebiolution project. Notably, this high-quality FDCA serves not only as a foundational element for the development of PEF, a plant-based plastic material, but also showcases diverse prospects across a spectrum of markets, as aptly evidenced by its integral role in this transformative project. Microplastic pollution CATL battery

Rebiolution, an acronym denoting ‘Novel biodegradable, REcyclable, BIO-based and safe plastic polymers with enhanced circuLar properties for food packaging and agricUltural applicaTIONs,’ stands as a testament to collaborative innovation. This visionary project, made possible through a substantial €4.9 million grant from the EU Horizon Europe programme, takes shape through a consortium comprising nine partners hailing from seven distinct countries. These esteemed collaborators include BASF SE (Germany), Organic Waste Systems (Belgium), Hydra Marine Sciences GmbH (Germany), Contactica S.L (Spain), Avantium Renewable Polymers BV (Netherlands), Tampereen Korkeakoulusaatio SR (Finland), Stora Enso (Finland), Centre Technique de l’Industrie Despapiers Cartons et Celluloses (France), and Eidgenoessische Technische Hochschule Zuerich (Switzerland).

This diverse amalgamation of expertise and perspectives underscores the far-reaching impact of the Rebiolution project on a global scale. Microplastic pollution CATL battery

Avantium, a pioneering technology provider in the realm of renewable chemistry and based in the Netherlands, has achieved a significant milestone by securing a substantial grant of €0.76 million from the EU Horizon Europe programme

Do biodegradable bioplastics provide a safe answer to plastic pollution?

Biodegradability is not something to be taken for granted

Biodegradable bioplastics are presented as a tool in the fight against pollution caused by the rapid rise in the generation of plastics and inadequate waste management. These bioplastics can come from renewable or fossil sources and are characterized by their ability to decompose, through the action of microorganisms, into carbon dioxide, water, mineral salts and new biomass. Known as biodegradation, this process can occur in controlled and open environments. Composting plants and anaerobic digesters are the main examples of controlled environments, whereas soil, rivers and the sea are natural open environments.

Products based on biodegradable bioplastics must pass a series of standardized tests to demonstrate that they are able to biodegrade within a certain time in specific environments. However, for these products to effectively contribute to the reduction of plastic waste, they must be designed to biodegrade in the most applicable environment, namely, their most logical end-of-life scenario. Microplastic pollution CATL battery

For example, for food products such as coffee capsules, tea bags and lightweight supermarket bags, the most recommended scenarios are composting plants because this waste can be industrially managed with organic waste streams to become compost. On the other hand, products for agricultural applications such as mulch films and controlled release fertilizer coatings, whose end of life is soil, should be biodegradable in this natural environment. Likewise, products used in aquaculture and fisheries, which often end up in rivers and the sea, being biodegradable in these media, could have a lower environmental impact compared to conventional plastic products.

While biodegradation is viewed as a major advantage in the fight against plastic pollution, the ability to claim any environmental benefits is possible only when it can be proven that these biodegradable products have no negative effects on the ecosystem.

This makes it important to assess any ecotoxicological effects of biodegradable plastics, given that additives, metabolites and secondary compounds may be released during product disintegration and biodegradation and may have a negative impact on the environment.  Microplastic pollution CATL battery


Do biodegradable bioplastics provide a safe answer to plastic pollution?

Braskem, a prominent biopolymer producer, has joined forces with SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, in a significant move to expand biopolymer production throughout the region

This collaboration has culminated in the establishment of a joint venture named Braskem Siam Company Limited. However, this endeavor is pending approval from relevant anti-trust authorities and the final investment decision from both partners. The primary objective of this joint venture is to manufacture bio-ethylene through bio-ethanol dehydration and subsequently introduce the commercialization of I’m green bio-based polyethylene (PE), utilizing the innovative EtE EverGreen technology. The development of this technology stems from a partnership agreement between Braskem and Lummus Technology, which sought to create and license this cutting-edge technology.

The hallmark of “I’m green” bio-based polyethylene is its composition derived from ethically sourced renewable raw materials, particularly ethanol derived from sugar cane. This departure from conventional fossil feedstocks like oil-based naphtha results in a remarkable reduction in the carbon footprint of the plastic. Consequently, this shift serves as a proactive measure against the adverse effects of climate change. The applications for I’m green bio-based polyethylene are diverse, encompassing an array of products ranging from food and beverage packaging to personal and household care items, toys, houseware, and plastic bags. Microplastic pollution CATL battery

An additional advantage lies in its recyclability, which can be executed either mechanically or chemically, paralleling the recycling process of conventional polyethylene.

The cornerstone of this partnership is the establishment of a bio-ethylene plant that holds the distinction of being the first of its kind outside of Brazil. Nestled in Thailand, this new plant holds the potential to nearly double the existing production capacity of I’m green bio-based polyethylene, effectively addressing the burgeoning global demand for biopolymers. A special focus is attributed to the rapidly escalating demand for sustainable products in the Asian market.

Braskem brings a wealth of expertise to the partnership, encompassing proven technology stemming from its collaboration with Lummus Technology. Additionally, Braskem contributes operational insights gained from the ethanol dehydration process, as well as the powerful brand recognition of I’m green in key global markets. Conversely, SCG Chemicals contributes its specialized proficiency in polyethylene grades tailored for diverse applications.  Microplastic pollution CATL battery

Roberto Bischoff, the CEO of Braskem, underscores the commitment of the partnership to satisfying the mounting demand for sustainable solutions. He reiterates the alignment of this collaboration with Braskem’s overarching goal of producing one million tons of green products by 2030, which entails a transition from fossil-based feedstocks to renewable alternatives. This transition significantly contributes to mitigating the carbon footprint within the industry.

Tanawong Areeratchakul, the CEO and President of SCG Chemicals, emphasizes the company’s endeavor to foster green innovation and promote low-carbon solutions. SCG Chemicals aspires to expand its Green Polymer product portfolio to encompass a remarkable one million tons annually by 2030, adhering to rigorous ESG (Environmental, Social, and Governance) standards. Areeratchakul underscores the significance of this joint venture, highlighting its role in meeting the surging demand for environmentally friendly plastics in regions like Asia and Europe. The collaboration’s core focus is the production of sugarcane-derived bio-ethylene, an eco-conscious alternative to conventional fossil-derived ethylene. This pioneering effort aligns seamlessly with Thailand’s Bio-Circular-Green Economy (BCG) model, a testament to the venture’s commitment to sustainable development.  Microplastic pollution CATL battery

Anticipated to be situated in Map Ta Phut, Rayong, Thailand, this project holds the potential to revolutionize biopolymer production in the Southeast Asian region. By capitalizing on the synergy between Braskem and SCG Chemicals, the joint venture, Braskem Siam Company Limited, is poised to shape the future of sustainable plastic production, thereby propelling the region toward a greener and more environmentally conscious trajectory.

Braskem, a prominent biopolymer producer, has joined forces with SCG Chemicals, a leading petrochemical company in Thailand and Southeast Asia, in a significant move to expand biopolymer production throughout the region

PET Bottles into fibers -Will Ultra-Poly revolutionize automotive sustainability? 18-08-2023

Microplastic pollution CATL battery

PET Bottles into fibers -Will Ultra-Poly revolutionize automotive sustainability? 18-08-2023

PET Bottles into fibers

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Evergrande’s Bankruptcy Declaration Sends Shockwaves Through Global Markets

In a seismic development reverberating across global financial landscapes, China’s colossal real estate entity, Evergrande, has officially filed for bankruptcy in New York, as reported by US media outlets. This pivotal moment arrives after months of grappling with financial turmoil, culminating in a desperate attempt to salvage the company through a multi-billion-dollar restructuring scheme aimed at repaying its international creditors. The conglomerate had found itself ensnared in a web of liabilities exceeding an astounding $270 billion.

Evergrande, once a titan of the Chinese real estate sector boasting unmatched sales figures, succumbed to its insurmountable debt burden, effectively succumbing to bankruptcy in 2021. This marked a watershed event, initiating the most profound crisis ever documented in China’s real estate domain. March of the current year bore witness to Evergrande’s unveiling of an elaborate restructuring blueprint, striving to fulfill its obligations to creditors scattered across the globe. PET Bottles into fibers

Seeking refuge in the US legal framework, Evergrande sought the protective embrace of Chapter 15 creditor protection, a provision tailored to navigate insolvency scenarios spanning multiple jurisdictions.

The perturbation within China’s real estate sector casts an ominous shadow, with the potential to set off a domino effect across global financial markets. Recognizing the gravity of the situation, China’s central bank endeavored to instill confidence by committing to timely adjustments and optimization of property policies. This move, articulated within the second quarter monetary policy report, was intended to provide a reassuring note amidst the tempestuous financial climate. Regrettably, its deployment coincided with the unfolding turbulence in the sector, caught amidst the contagion of tensions interlinking real estate enterprises and trust operators.

Further exacerbating Evergrande’s predicament, its subsidiary, Hengda Real Estate, came under scrutiny from the China Securities Regulatory Commission, the apex regulatory body overseeing securities trading. PET Bottles into fibers

This agency raised concerns regarding potential manipulation of financial data by Hengda, a revelation that further eroded confidence in the conglomerate’s stability. The narrative of Evergrande’s downfall traces back to its ballooning debt, which had burgeoned beyond an astonishing $300 billion. A pivotal juncture arrived when the Communist leadership, confronting this unsustainable debt spiral, constricted the flow of bank loans to Evergrande, hastening the company’s descent towards its eventual demise.

The unfolding scenario saw Evergrande resorting to a tactical retreat by deferring the meeting of creditors regarding offshore debt restructuring. The postponement, from August 23 to August 28, underscored the corporation’s desperate bid for a lifeline to extricate itself from the mire of insolvency. Concurrently, Chinese law enforcement authorities, keenly aware of the potential for unrest stemming from this financial turmoil, intervened by visiting investors associated with Zhongzhi Enterprise Group, a symbol of the shadow banking sector.

As the dust continues to settle on Evergrande’s bankruptcy filing, the global financial community is grappling with the aftershocks that threaten to reverberate across borders. The story of Evergrande serves as a poignant reminder of the interconnectedness of the modern financial world, where the downfall of a real estate behemoth in China can send shockwaves through markets worldwide. PET Bottles into fibers

The unfolding repercussions will be closely monitored as international institutions, investors, and economies brace for the unpredictable cascades emanating from this monumental event.

Evergrande's Bankruptcy Declaration Sends Shockwaves Through Global Markets

Transforming PET Bottles into Advanced Fibers: The Unifi Journey

In an era marked by heightened environmental awareness, the journey of a PET bottle doesn’t end when it’s emptied and discarded. Unifi, a pioneering company, has taken upon itself the vital task of collecting used plastics, specifically PET bottles, predominantly from coastal areas and developing regions. By intercepting plastics before they reach the ocean, Unifi’s mission is to reshape the fate of these materials, propelling them toward a new life as high-tech fibers.

The heart of Unifi’s transformation process lies in its collaboration with Lindner, a recognized leader in shredding solutions. Back in 2018, when Unifi sought to establish an efficient shredding process, it turned to Lindner’s innovative technology. This partnership marked a pivotal moment in Unifi’s sustainability journey, setting the stage for a holistic recycling process that embraces plastic and textile waste alike.

Central to this process are three Lindner Micromat 2000 shredders, operating tirelessly around the clock, every day of the year. These machines play a crucial role in the initial phase of the transformation process. As plastics and textile waste make their way through the Micromat 2000, they are meticulously prepared for the subsequent stages of extrusion, spinning, and fiber winding.

This meticulous preparation ensures that the fibers derived from this process meet the highest standards of quality and performance. PET Bottles into fibers

Unifi’s commitment to sustainability is further underscored by its strategic approach to material sourcing. The plastics used in this endeavor are collected from within a radius of 50 kilometers around waterways and coastal regions, primarily in developing countries. By sourcing materials from these regions, Unifi not only prevents plastics from entering the ocean but also addresses a critical environmental concern in areas where waste management infrastructure may be limited.

At the heart of Unifi’s operations lies the creation of Repreve Our Ocean recycled fiber. This cutting-edge fiber is a testament to the possibilities that arise when innovative technology converges with environmental stewardship. By harnessing the power of Lindner’s shredding solutions, Unifi not only advances its sustainability goals but also contributes to a circular economy by transforming used plastics into a valuable resource.

The collaboration with Lindner goes beyond technology; it embodies a shared commitment to responsible production. Lindner’s Micromat series of shredders are meticulously designed to cater to the intricate demands of plastics recycling. Equipped with robust, high-torque motors, these shredders excel in processing post-commercial and post-consumer plastics.

Their design prioritizes both efficient shredding capabilities and the optimization of uptime, minimizing disruptions and streamlining maintenance tasks. PET Bottles into fibers

The impact of Unifi’s and Lindner’s partnership reverberates far beyond the recycling process itself. The fibers generated from this collaborative effort find their way into products produced by some of the most globally recognized brands. Renowned names like Pottery Barn, Levi’s, and Tom’s Shoes have integrated these fibers into their offerings, aligning their business practices with a commitment to sustainability and responsible sourcing.

In conclusion, Unifi’s remarkable journey from PET bottles to high-tech fibers stands as a testament to the transformative power of innovation and collaboration. By intercepting plastics before they become ocean pollutants, Unifi redefines the trajectory of these materials, channeling them toward the creation of Repreve Our Ocean recycled fiber. With Lindner’s state-of-the-art shredding solutions as a cornerstone, Unifi not only meets its sustainability goals but also ignites a ripple effect that resonates across industries and brands. As the world increasingly embraces the urgency of environmental stewardship, this partnership sets an inspiring example of turning challenges into opportunities for a greener, more sustainable future. PET Bottles into fibers

PET Bottles into fibers

Nexam Chemical Secures Patent for Advanced Polyethylene Recycling Technology

Nexam Chemical, a pioneering additive manufacturer headquartered in Sweden, has achieved a significant breakthrough in the realm of sustainable plastics with its revolutionary Reactive Recycling technology. This innovative process involves the utilization of a suite of products designed to enhance the quality and viability of recycled polyethylene (rLDPE, rLLDPE, rHDPE). The centerpiece of this technological marvel is the Nexamite R301-305 additives, which have been ingeniously integrated into the company’s broader Reactive Technology framework. The crux of this advancement rests in the additives’ ability to be seamlessly incorporated into the extrusion process alongside the polyethylene to be mechanically recycled. PET Bottles into fibers

News of a remarkable milestone recently arrived from the European Patent Office, affirming its intention to bestow a patent upon Nexam Chemical for its groundbreaking Reactive Technology as it pertains to polyethylene recycling applications. This pivotal development closely follows the patent acquisition for the identical technology with respect to polypropylene (PP) applications, a feat accomplished earlier this July.

Christer Svanberg, the esteemed Chief Technology Officer at Nexam Chemical, lauded this remarkable achievement, stating, “Nexam once again breaks new ground and broadens the field of use for Reactive Recycling and thus contributes to more sustainable solutions.” He further elucidated the transformative impact of this technology by asserting that, when combined with Nexam’s comprehensive portfolio of plastic recycling solutions, this methodology has the potential to unlock a realm where even the largest and most formidable plastic recycling streams can be harnessed to create a wider array of products than was once deemed possible. PET Bottles into fibers

Polyethylene, recognized as the most ubiquitous plastic on a global scale, commands an impressive share, accounting for over 30% of the total worldwide plastic production. The successful implementation of Nexam Chemical’s novel polyethylene recycling method is poised to substantially curtail the reliance on virgin plastic in the manufacturing of new products, thus emboldening the sustainability agenda.

The implications of Nexam’s additives on recycling enterprises are indeed noteworthy. Reports suggest that the incorporation of these additives adeptly tunes the flow characteristics of the recycled polyethylene, aligning them with the specific requirements of various application processes. Moreover, the process amplifies the processability and overall quality of the recycled polyethylene. Nexam Chemical underscores the environmentally conscious nature of this material, which is devoid of hazardous elements and peroxide.

In the realm of converters and manufacturers, Nexam’s innovative solutions bestow a multitude of advantages. Notably, these technologies facilitate the incorporation of larger quantities of recycled polyethylene into final applications. The resultant effect is an augmentation in the melt strength of the materials, thereby enhancing the mechanical properties of the finished products. This cascade of benefits promises to revolutionize the production landscape, enabling businesses to embrace a more sustainable and eco-friendly approach to manufacturing. PET Bottles into fibers

As society confronts the critical imperative to reduce plastic waste and transition toward more sustainable practices, Nexam Chemical’s pioneering advancements in the realm of plastic recycling stand as a beacon of hope. By securing a patent for its Reactive Technology for polyethylene applications, the company has fortified its position at the vanguard of sustainable innovation. The magnitude of this achievement is underscored not only by the potential to curtail plastic waste but also by the prospects of transforming recycling streams into vibrant sources of raw material for a multitude of industries. The global push for a greener and more sustainable future has found a steadfast ally in Nexam Chemical’s resolute dedication to redefining the boundaries of possibility in the realm of plastic recycling.

PET Bottles into fibers

Covestro Achieves Significant Milestone in Chemical Recycling Advancement

Covestro, a prominent raw materials producer, has taken a momentous step forward in the advancement of its chemical recycling technology, according to an official statement released on August 16th. The company has successfully transitioned its specialized chemolysis process, specifically tailored for polycarbonate, from laboratory scale to a robust stage, and is now channeling efforts towards optimizing this process as it progresses towards industrial implementation.

This innovative form of chemical recycling involves the conversion of plastic materials back into their fundamental monomers, essentially the elemental building blocks of plastics. These monomers can then effectively replace primary fossil raw materials in the production of new, superior-quality polymers. Dr. Thorsten Dreier, Covestro’s Chief Technology Officer, emphasized the company’s commitment to responsible management of plastics, especially as they reach the end of their product life cycle. He stated, “As a manufacturer of plastics such as polycarbonate, we naturally have a responsibility in dealing with these important materials, including at the end of their product life. We need to use end-of-life plastics as a resource and reuse them as alternative raw materials to close the loop.”  PET Bottles into fibers

While mechanical recycling of polycarbonate already plays a significant role in Covestro’s recycling strategy, their chemolysis process serves as a valuable complement. This process is particularly advantageous as it can work with less pure waste streams, generating a direct precursor to polycarbonate that can be readily incorporated into the production of virgin-quality polycarbonate. This approach effectively closes the polycarbonate lifecycle without requiring additional extensive processing steps. Markus Dugal, Head of Process Technology at Covestro, affirmed the feasibility of this approach, noting, “Pre-sorted waste streams containing a product content of more than 50 percent polycarbonate can be recycled this way. This has been successfully demonstrated with various polycarbonate-containing plastic waste streams.”

The company’s ambitions extend beyond the laboratory. Covestro has already initiated the development of a continuous process, a pivotal next phase in their endeavor. A pilot plant, presently in the planning stages, will play a crucial role in gathering essential data and experiential insights that will drive the formulation of a viable process for subsequent upscaling to an industrial level. To fuel this endeavor, Covestro is prepared to invest millions of euros over the coming years. The chosen location for this groundbreaking pilot plant is Leverkusen, Germany, the home of Covestro’s headquarters.

Beyond its current achievements, Covestro is committed to exploring multiple avenues for recycling polycarbonate within its research laboratories. These include alternative chemolytic methods, recycling approaches involving enzymes that break down plastic, and innovative smart pyrolysis techniques. Promising alternatives will also undergo testing using the pilot plant infrastructure. PET Bottles into fibers

Covestro’s overarching commitment revolves around achieving complete circularity and striving to attain climate neutrality by 2035 (scope 1 and 2 emissions). Demonstrating its market significance, Covestro achieved sales of €18 billion in the fiscal year 2022. The company’s global footprint encompasses 50 production sites across the world, employing approximately 18,000 individuals in full-time equivalents, as of the end of 2022.

In summary, Covestro’s recent achievement in advancing chemical recycling technology to pilot scale showcases its unwavering dedication to sustainable solutions for plastic waste management. By effectively closing the polycarbonate cycle through innovative chemolysis processes, the company not only demonstrates its commitment to responsible resource utilization but also contributes significantly to the broader goal of achieving a circular economy.

PET Bottles into fibers

EQUATE Declares August MEG India Contract Price at USD 472 Amid Increment

In a recent statement, EQUATE, a prominent global monoethylene glycol (MEG) producer, unveiled its nominated price for the August 2023 MEG India Contract (ICP) at USD 472 per tonne CFR (cost and freight) for India’s Main Ports. This announcement reflects an upward shift in pricing strategy compared to the preceding month.

Notably, the August nomination showcases a substantial increase of USD 17 per tonne when compared to the July figure. This augmentation seems to be a strategic move aimed at capitalizing on market dynamics and enhancing the value proposition of EQUATE’s MEG within the Indian market. PET Bottles into fibers

A glance back reveals that EQUATE had previously declared its June 2023 MEG India Contract Price (ICP) at USD 501 per tonne CFR for India’s Main Ports. This decision, however, marked a decrease of USD 7 per tonne in contrast to the value nominated for May. This fluctuation in pricing underscores the intricate considerations that influence EQUATE’s pricing strategy.

EQUATE’s pricing decisions for its MEG India Contract reflect the interplay of various factors, including market demand, supply chain dynamics, and the broader economic context. The company’s ability to flexibly adjust its nominated prices demonstrates its commitment to maintaining a competitive edge while navigating the complexities of the global MEG market.

The MEG industry plays a pivotal role in diverse sectors, including textiles, packaging, and automotive, among others. As a crucial raw material, MEG’s pricing can significantly impact downstream industries’ cost structures and profitability. EQUATE’s transparent and predictable pricing approach enables its customers to plan their operations effectively and make informed decisions based on market trends.

EQUATE’s consistent communication of its MEG India Contract Prices underlines its dedication to fostering strong relationships with its stakeholders. By providing timely and accurate pricing information, the company enhances market predictability and facilitates fair transactions within the industry. PET Bottles into fibers

In conclusion, EQUATE’s announcement of the August MEG India Contract Price at USD 472 per tonne CFR India Main Ports signifies a calculated strategic move in response to prevailing market conditions. The upward adjustment in price from the previous month reflects the company’s adaptability to changing dynamics. As EQUATE continues to navigate the nuanced landscape of the MEG market, its transparent pricing approach remains instrumental in building trust, promoting fair trade, and contributing to the sustainable growth of the industry.

EQUATE Declares August MEG India Contract Price at USD 472 Amid Increment

Ultra-Poly Revolutionizes Automotive Sustainability: Pioneering Bumper Recycling Initiative

Pennsylvania-based plastics recycler, Ultra-Poly, has unveiled a groundbreaking bumper recycling program that is poised to redefine sustainability in the automotive industry. Branded as a ‘first-of-its-kind bumper recycling program’, this initiative signals a significant stride towards a circular economy, aiming to reshape how car bumper covers are handled at the end of their life cycle. PET Bottles into fibers

Ultra-Poly, a proud member of the PLASTICS Industry Association, had previously contributed to the End of Life Vehicle (ELV) project. This endeavor shed light on challenges related to recycling bumper covers due to surface finish issues, rendering the material unsuitable for reprocessing into new fascia. However, Ultra-Poly saw untapped potential beyond these constraints. The company recognized the material’s value in creating other polypropylene compounds and discreet applications across the automotive and industrial sectors.

A partnership emerged between Ultra-Poly and Tier 1 automotive supplier Autoneum North America, Inc. The goal was to innovate a product that harnessed recycled bumper material as a robust substrate for a fibrous layer. This ingenious composite material was designed to be integrated into chassis components, serving the purpose of noise and vibration attenuation. Notably, the material’s inclusion in the International Material Data System (IMDS) underscored its legitimacy and industry-wide applicability.

Dan Moler, Vice President of Product Development and Engineering at Autoneum North America, Inc., expressed enthusiasm about the product’s alignment with the growing demand for recycled content in original equipment manufacturing (OEM). He emphasized that this innovation exemplified a holistic approach to sustainability, from reducing carbon footprint to engineering products with end-of-life recycling in mind. The vision was to propel the industry towards a circular economy, a journey requiring collaborative efforts from various stakeholders. PET Bottles into fibers

For auto body shops participating in the program, tangible advantages abound. The initiative streamlines the removal of bulky used bumper covers from waste roll-offs, subsequently curbing pull-frequency and associated costs. Furthermore, the recycling process ensures the irreversible destruction of the used fascia, eliminating any possibility of their reentry into the supply chain and the consequential compromise of product quality.

Ultra-Poly’s commitment to quality shines through in the material derived from recycled bumper covers. The resultant material boasts a harmonious blend of stiffness and toughness, meeting rigorous standards. The certification of having 100% post-consumer content further bolsters its appeal as a sustainable alternative. This eco-friendly solution is now available for sampling and adoption by automotive manufacturers and suppliers, signaling potential for broader application in the industry.

Kevin Cronin, Vice President of Sustainability and R&D, hailed the bumper recycling program as a pivotal step towards realizing a circular economy within the automotive landscape. The program’s far-reaching benefits extend beyond corporate entities to encompass auto body shops, recyclers, automotive part manufacturers, OEMs, and, most importantly, the environment. This collaborative ethos mirrors the intricate interdependencies within the automotive ecosystem. PET Bottles into fibers

Operating across five Pennsylvania locations, Ultra-Poly is a stalwart supplier, processing over a million pounds (approximately 454 tonnes) of recycled resin daily. The company’s multifaceted operations span from custom compounded polypropylene and polyethylene resins production to toll reprocessing services for plant-generated scrap. This diverse portfolio reflects Ultra-Poly’s unwavering commitment to sustainable practices across a spectrum of industries.

In summary, Ultra-Poly’s pioneering bumper recycling program has catapulted the automotive industry into an era of heightened sustainability. Through innovative partnerships, cutting-edge composite materials, and a steadfast commitment to a circular economy, this initiative reverberates as a beacon of hope for a greener future. As industry stakeholders join forces, the journey towards automotive sustainability gains fresh momentum, fostering a legacy that transcends corporate boundaries and stands as a testament to environmental stewardship. PET Bottles into fibers

Ultra-Poly Revolutionizes Automotive Sustainability: Pioneering Bumper Recycling Initiative

Resin Price : Bullish Market Gains Momentum

Spot resin continued to transact at a rapid pace the week of Aug. 7, and prices for all polyethylene (PE) and polypropylene (PP) grades added $0.01/lb, as the burgeoning bullish sentiment noted in last week’s Resin Price Report gained more steam.

Completed volumes at the PlasticsExchange again ran above the average seen so far in 2023, with PE the more actively traded material, reports the resin clearinghouse in its Market Update. Processors bought to attend to their near-term needs as well as to replenish inventories now that the bottom of this market cycle seems to be intact. The low end of the pricing spectrum has firmed up an average of 3 to 4 cents, even a nickel, depending on grade, according to the PlasticsExchange. Low-ball buyers continued to search for mid-July pricing in vain, and some reluctantly returned to pay up in price.

Some grades already sold out

Spot supplies have been noticeably tighter the past several weeks, and some producers were already sold out of certain grades for the month, prompting some resellers to tap the PlasticsExchange’s spot market for available railcars. PET Bottles into fibers

Truckload demand was strong, but resellers’ stocks were thin and buyers paid a premium for prompt material to fill in supply gaps from late purchases and slowly moving railcars.

Even as producers ramp up reactor rates, strong export demand from Latin America, Asia, and Europe has been soaking up surplus supplies, lifting the floor price in Houston, which in turn has lent support to the domestic spot Prime and off-grade markets.

All PE grades rise a cent

PE trading remained solid for a second straight week with robust volume changing hands across the PlasticsExchange’s marketplace. Ultimately, a 1-cent gain took hold on all PE grades because of stronger demand and limited fresh offers. Linear-low-density (LLD) PE for Injection and Film were the most preferred resins, while low-density (LD) PE resins for Film and high-density (HD) PE for Blow Molding were also quite active. Production issues have made high-molecular-weight Film grades scarce, thus complicating sales.

Exceptionally strong export sales with still unfilled incremental demand has allowed producers to raise Houston prices by several cents in August, with nearly similar gains seen in the domestic spot market. PET Bottles into fibers

The American Chemistry Council (ACC) has released preliminary supply/demand data for July, which revealed that PE exports smashed the previous all-time record, which had only stood since June, and that exports are approaching 50% of total PE sales. PE reactors have also been working harder; in July, they ran in the high 80s as a percentage of growing capacity and made more than five billion pounds of resin for only the second time in history. Domestic sales, however, have not quite kept up: In July they slipped 6% below the trailing 24-month average. All told, production exceeded sales and there was a modest increase in producers’ collective inventories, but given the accelerated export growth, the market still seems fairly snug. The PlasticsExchange recommends that interested parties subscribe to the ACC for more detailed fundamental data. PET Bottles into fibers


Resin Price : Bullish Market Gains Momentum

Adani’s USD 50 Billion Hydrogen Project Moves Forward Independently Amidst TotalEnergies’ Investment Uncertainty

In a resolute display of determination, the conglomerate led by billionaire Gautam Adani has announced its unwavering commitment to proceed with the monumental USD 50 billion green hydrogen initiative, irrespective of the uncertainty surrounding its collaboration with French partner TotalEnergies SE. The move comes in light of TotalEnergies’ decision to temporarily suspend its investment in the project due to allegations of fraud, as reported by Deccan Herald.

Robbie Singh, Chief Financial Officer of the Adani Group, communicated this steadfast stance during an investor call convened to discuss the first-quarter earnings of Adani Enterprises Ltd. Singh explicitly stated that the progress of the ambitious endeavor is not contingent upon the infusion of equity from TotalEnergies; rather, the Adani Group is fully committed to advancing the project even in the absence of the French conglomerate’s participation. PET Bottles into fibers

The collaborative vision between Adani and TotalEnergies had materialized last year when the French energy titan agreed to acquire a 25 percent stake in Adani New Industries Ltd (ANIL), the entity spearheading the green hydrogen venture. However, in February of the present year, TotalEnergies opted to put its planned USD 4 billion investment on hold, citing the need for an inquiry into allegations of accounting improprieties and stock manipulation raised by a US-based short seller. It’s important to note that Adani vehemently refuted these allegations. Despite the ongoing uncertainty surrounding TotalEnergies’ involvement, the Adani Group is forging ahead with its ambitions.

Addressing this significant development, Robbie Singh emphasized that the project’s trajectory remains undeterred by external dynamics. He asserted that the Adani Group is resolutely marching forward with the undertaking, maintaining the same intensity and pace of investment as initially planned. This proclamation underscores the group’s formidable determination to see the project through, signifying its belief in the transformative potential of green hydrogen and its commitment to sustainable energy solutions. PET Bottles into fibers

It’s worth recalling that Gautam Adani, the visionary behind the conglomerate, recently embarked on a diplomatic mission, meeting with Bangladesh Prime Minister Sheikh Hasina in Dhaka. This engagement followed the successful commencement of power supply from the Adani Group’s Ultra Super-Critical Thermal Power Plant in Godda, India, to Bangladesh. The Godda USCTPP not only marks the group’s entry into cross-border power projects but also represents India’s inaugural commissioned transnational power endeavor, characterized by the entire generated power being channeled to a foreign nation.

In essence, the Adani Group’s unwavering commitment to proceed with its USD 50 billion green hydrogen project, despite the uncertainties posed by TotalEnergies’ temporary withdrawal, underscores its resolute determination and strategic foresight. By reaffirming its intent to advance the project autonomously, the conglomerate sends a potent message about its conviction in the transformative potential of sustainable energy and its capacity to drive change even in the face of challenging circumstances.

This bold move positions the Adani Group at the forefront of the green energy revolution, catalyzing advancements that hold the promise of reshaping the global energy landscape for the better. PET Bottles into fibers

Adani's USD 50 Billion Hydrogen Project Moves Forward Independently Amidst TotalEnergies' Investment Uncertainty

Textile Recycling PET Resin – “Chemical recycling holds immense potential, yet it isn’t a one-size-fits-all solution 17-08-2023

PET Bottles into fibers

Textile Recycling PET Resin – “Chemical recycling holds immense potential, yet it isn’t a one-size-fits-all solution 17-08-2023

Textile Recycling PET Resin

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Trützschler and Balkan Textile Machinery Forge Strategic Partnership in Pursuit of Textile Recycling Innovation

In a momentous collaboration, Trützschler, a renowned name in textile machinery, has joined forces with Balkan Textile Machinery, marking a pivotal step towards the enhancement of their recycling product lineup. This joint endeavor positions them as trailblazers in spinning preparation for recycling, elevating their stature as the premier full-liner in this niche. A convergence of technological finesse and industrial acumen now empowers customers to achieve the pinnacle of yarn quality using recycled materials.

Both Trützschler and Balkan Textile Machinery are family-owned entities that hold the cause of sustainability dear in the textile industry. With a stronghold in Turkey – a textile recycling epicenter – Balkan Textile Machinery boasts reliable and robust machines primed for cutting, blending, and segregating textile waste into individual fibers. This machinery further compacts these fibers into bales of secondary fibers, seamlessly integrating with Trützschler’s equipment in the preparation process. Textile Recycling PET Resinv

Markus Wurster, Director of Sales and Marketing at Trützschler Group, expressed the significance of this partnership, stating, “We are now able to provide a complete line-up of technologically leading machinery which has been specifically developed for rotor and ring yarns from recycled materials.” He underscored the streamlined approach and reliability of the combined processes, highlighting the simplified project execution for customers, reinforced by Trützschler’s exceptional service.

Osman Balkan, Owner of Balkan Textile Machinery, echoed this sentiment, expressing his satisfaction in aligning with Trützschler’s international prowess. He stressed the global impact their collaboration could make in tackling textile waste challenges.

A testament to Trützschler Card Clothing’s relentless innovation, the company has harnessed the evolution of card clothing to conquer the intricacies of processing secondary fibers. Focused on enhancing yarn quality, the company designed the MT/PT 45R flat top for recycled materials, an amalgamation of the MT/PT 40’s strength and MT/PT 45’s cleaning potency. The synergy between the flat top and cylinder wire emerged as pivotal in ensuring top-tier yarn quality, driving the development of various cylinder wires tailored to diverse recycling applications.  Textile Recycling PET Resin

The culmination of this partnership, aptly named Truecycled, propels Trützschler’s recycling installations into the limelight. Truecycled provides manufacturers with the means to attain premium end-products from hard waste, underpinned by a reliable and replicable manufacturing process. The Truecycled process, characterized by Trützschler’s technological insights and machinery lineup, crafts an optimal solution for recycling. Notably, Trützschler collaborated with a fashion company to transform their pre-consumer waste into a ring yarn containing a remarkable 60% recycled content – a living testament to the capabilities of the Truecycled approach.

The comprehensive offering set to debut in June 2023 will encompass tearing lines, blow rooms, cards, draw frames, card clothing, and unwavering service support, presenting a holistic solution for recycling needs. Markus Wurster asserted that this forthcoming package would symbolize their commitment to advancing the recycling landscape.

In a world grappling with mounting environmental concerns, Trützschler and Balkan Textile Machinery’s collaborative venture stands as a beacon of innovation and sustainability. Their shared dedication to crafting optimal recycling solutions has forged a powerful alliance that not only elevates their industry status but also fuels the drive towards a more sustainable textile future. Textile Recycling PET Resin

Textile Recycling PET Resin

Overcoming Challenges in Recycling PET Resin: Transforming Bottles to Flakes and Back

The mounting scarcity of raw materials has become an escalating concern in recent times, exacerbated by growing consumption rates. The vulnerabilities within supply chains were starkly exposed during the pandemic, prompting producers to reevaluate their operations. Despite this, numerous powder and bulk industries remain capable of doing more to mitigate the impact of material shortages.

Material scarcities can arise due to various factors, some of which are controllable while others are not. The powder and bulk sector faces potential shortages from both suppliers and customers, either of which could disrupt operations severely and potentially lead to business closures.

In this discourse, we will delve into the prospect of increasing the utilization of recycled raw materials, focusing specifically on recycled plastic water bottles (rPET). The plastic water bottle industry has been under intense scrutiny when it comes to sustainability. The recycling of plastics commences within municipal recycling facilities (MRFs), characterized by a rather messy process. Textile Recycling PET Resin

Manual and mechanical sorting takes place, predominantly targeting plastics. Plastic bottles are separated and compacted into bales for transportation to dedicated recycling facilities. Here, the bales are broken down, and the bottles are categorized based on color. Subsequently, the sorted plastic undergoes grinding or shredding, producing plastic flakes or pellets. This process invariably introduces some metal contamination from shredder blades.

Magnetic separators have proven effective in eliminating ferrous metal contaminants with negligible product loss. Cutting-edge neodymium magnets have made it feasible to prevent any ferrous metal contamination from bypassing the magnetic separator. However, addressing non-ferrous metal contaminants like stainless steel or aluminum, which lack magnetic properties, necessitates the integration of a metal detector with a rejection mechanism. Though these mechanisms can be programmed for optimal efficiency, a fraction of non-ferrous metal particulates might still evade detection due to various factors. Textile Recycling PET Resin

Consequently, the rPET obtained from this process may be around 92% free from metal contamination. While this figure might seem satisfactory, bottling companies seeking to utilize rPET demand a much higher level of purity, aiming for 99.9% metal-free material. Considering that rPET is derived from ground-up plastic bottles and will be remanufactured into new bottles, ensuring negligible contamination is paramount.

The process of reclaiming rejected bottles for use in new bottle production demands a meticulously refined recycled product. A prevailing trend involves deploying a cascade of metal detectors to eliminate metal contaminants from rPET. As more plastic flakes or pellets originating from recycled plastic bottles are reused in new bottle manufacturing, purity becomes an increasingly critical factor. The solution lies in iterative passes through metal detectors, each time achieving a higher degree of purity. While this might appear repetitive and time-consuming, purpose-designed systems can streamline the process.

By stacking multiple metal detectors consecutively, the mechanical improvement in product purity can be harnessed. The viability of adopting multiple metal detectors hinges on variables such as flow rates, detector types, and required monitoring levels. Significantly high flow rates, capable of supplying a substantial portion of the PET required for injection molding operations, can yield substantial plastic conservation, contributing to landfill reduction and environmental preservation. The market for clean rPET is expanding, driven by mounting pressures from consumers and environmental advocates for sustainable packaging solutions. Textile Recycling PET Resin

PET bottles continue to maintain their prominence, yet the impetus to enhance their sustainability is surging. A market for clean rPET is indeed present, though the initial collection phase faces challenges due to labor costs and resource constraints. Some markets have introduced deposit return schemes (DRS), encouraging the return of sorted bottles for recycling. In anticipation of a future national plastic bottle program in the US, efforts are underway to establish comprehensive legislation that will ensure a consistent supply of recycled PET bottles.

For processors involved in recycled PET content, the concept of employing a stacked metal detector system offers promise. By conducting tests on their equipment and tracking metal contamination reduction with successive recycling passes, processors can establish their target levels of purity. Validation from original equipment manufacturers (OEMs) can further solidify results, potentially leading to the implementation of such systems.

In conclusion, the journey from PET resin to bottles and back again through recycling presents a series of challenges that require innovative solutions. As the importance of sustainable practices gains momentum, industries must adapt to stringent demands for purity and environmental responsibility, ultimately contributing to a more circular and resource-efficient future. Textile Recycling PET Resin

Textile Recycling PET Resin

Arburg’s Presence at Fakuma 2023: Commitment to Sustainability, Innovation, and Progress

Arburg, a pioneer in plastics processing solutions, is poised to unveil its cutting-edge capabilities at the Fakuma 2023 event. Under the banner of “There is only a Plan A,” the exhibition aims to underscore the company’s dedication to advancing sustainability, digitalization, automation, and energy efficiency in the realm of plastics. With nine captivating displays within its designated space in Hall A3 and an additional ten machines showcased at partner stands, Arburg will offer live demonstrations showcasing the latest trends, applications, and processes in both injection molding and 3D printing.

Encompassing Arburg’s comprehensive offerings in sustainability, digitalization, automation, and energy efficiency, the “Plan A” initiative is a testament to the company’s holistic approach. It’s a declaration that there’s no alternative, no fallback—”Plan B”—to these critical aspects of modern manufacturing. Textile Recycling PET Resin

A Highlight to Celebrate: Introducing the New Hybrid Machine

In a fitting tribute to the centenary of the Hehl family company, Arburg unveiled the ALLROUNDER 470 H machine earlier in 2023. The festivities continue with the launch of the 520 and 570 sizes, debuting at Fakuma 2023. Available in Comfort, Premium, and Ultimate performance tiers, these machines promise to elevate plastic processing capabilities. A particularly captivating exhibit, the ALLROUNDER 520 H Premium, will utilize a 1+1+1-cavity mold to craft a meticulously detailed ALLROUNDER machine base, scaled down to 1:18, from ABS.

Navigating the Future with ‘arburgSOLUTIONworld’

Expert guidance awaits visitors at the ‘arburgSOLUTIONworld’ section, where Arburg’s specialists will address meta topics such as energy, efficiency, workforce challenges, and future direction. Anchored by a striking three-meter-tall LED column, this interactive showcase will spotlight Arburg’s ‘Action Plan: Energy,’ ALS system, and arburgXworld, illuminating the company’s dedication to these focal areas. Beyond its functional significance, the LED column embodies the company’s unwavering commitment to these crucial themes. Textile Recycling PET Resin

Synergy of Digitalization, Automation, and Sustainability

Arburg will ingeniously present the integration of digitalization and automation through a practical example—a tire lever production process. This demonstration illustrates how these synergistic components streamline plastic part manufacturing, boasting not only efficiency but also 100% traceability. Another captivating exhibit involves a GOLDEN ELECTRIC 470 E ALLROUNDER, working in tandem with a Yaskawa six-axis robot, skillfully processing post-consumer recyclate (PCR) to craft toy dolphins. These intricate creations are meticulously fashioned from PCR based on ABS, exemplifying the intricate possibilities achievable through advanced processes.

A Fusion of Innovation and Responsibility

Arburg will showcase the manufacturing of tool cases featuring their distinctive design. Crafted from Recopound material derived from post-industrial recyclate (PIR), specifically PET films, this innovative exhibit underscores the company’s dedication to sustainability. This application ingeniously reimagines waste materials, transforming them into functional and aesthetically appealing products. Textile Recycling PET Resin

Pushing Boundaries in Injection Molding

In the realm of injection molding, Arburg continues to push boundaries. An ALLROUNDER MORE 1600, equipped with two electric injection units, will vividly demonstrate energy-efficient two-component injection molding. This technology will be employed to produce a container formed from thermoplastic (PBT) and liquid silicone (LSR), showcasing both efficiency and versatility. Additionally, an all-electric ALLROUNDER 720 A ‘Ultimate’ packaging machine will revolutionize packaging with its production of IML round cups featuring an astonishingly thin wall thickness of only 0.37 millimeters—an exemplar of sustainable and resource-efficient design.

A Glimpse of Future Possibilities

An intriguing glimpse into medical technology’s future will be presented through an IML process tailored specifically for labeled centrifuge tubes. This showcases Arburg’s ability to cater to diverse industries with tailored solutions, highlighting the adaptability and scope of their technology. Textile Recycling PET Resin

Partnering for Success

The influence of Arburg’s technological prowess extends beyond their exhibition space. Ten additional injection molding displays hosted at partner stands will further underscore the expansive applications and capabilities of Arburg’s machine technology, emphasizing the company’s role as a transformative force in the plastics processing industry.

In summary, Arburg’s presence at Fakuma 2023 stands as a resounding testament to their unwavering commitment to progress, sustainability, and innovation in the plastics processing domain. With a comprehensive showcase of cutting-edge technology and groundbreaking applications, Arburg continues to be a driving force in shaping the future of manufacturing.

Textile Recycling PET Resin

China currently finds itself in a precarious situation, prompting speculation about how President Xi Jinping will navigate the mounting pressures from both Washington and Taiwan

The tensions surrounding Taiwan are an ongoing concern, now elevated to a code red status, but beneath this external crisis lies a deeper and more complex set of challenges, primarily centered around China’s economy and its political-military posture.

Economically, China faces a significant crisis, with the construction sector at the forefront of its struggles. However, the roots of this crisis trace back to a haunting history of mass infanticide that resulted in the absence of around two hundred million potential citizens. The government’s former policy of enforcing a “one child per family” rule led to the suppression and drowning of approximately 180 million newborn girls. Consequently, the demographic makeup of China is skewed, with a shortage of females and a surplus of demographically sterile males. This imbalance has led to a collapse in the domestic market and mass consumption, extending its repercussions even to Western economies. The woes of the Chinese construction sector reverberate globally, impacting European and American stock exchanges. Textile Recycling PET Resin

The second dimension of China’s crisis is of a political-military nature, further exacerbated by the audacious actions of US President Joe Biden. Despite Xi Jinping’s threats, Biden extended an invitation to William Lai, the vice president of Taiwan, for an official visit to New York. Lai’s trip follows a visit to Paraguay where he sought contracts for rare earth minerals—resources that Taiwan is a significant global producer of, with many of its companies being based in the United States. This move constitutes an open challenge to Beijing’s authority, as Taiwan is considered part of Chinese national territory. Although Taiwan has maintained a separate existence from Beijing for over a century, this territorial dispute remains a highly sensitive issue.

Historically, Taiwan was occupied by Generalissimo Chang Kaishek after Mao Zedong’s communist army emerged victorious in the Chinese civil war. This occupation led to international recognition of Chang Kaishek as the legitimate leader representing China at the United Nations. However, the dynamics shifted when American President Richard Nixon engaged with Mao, marking the beginning of more favorable Sino-American relations aimed at countering the Soviet influence. As the Cold War concluded and the Soviet Union disintegrated, China underwent transformation into a modern industrial nation, fueled in part by its strong trade ties with the United States.

The ascent of Xi Jinping within the Communist Party brought a shift in China’s focus. A substantial portion of China’s resources was diverted to bolster its military capabilities, particularly in the Taiwan Sea, with the aim of rivaling American power projection in the region. Xi’s approach to foreign policy has been somewhat uncertain, as demonstrated by his handling of Russia’s unexpected military actions in Ukraine. This uncertainty prompted Biden to adopt a more assertive stance, pushing China to make a choice between economic recovery and military adventurism. Xi faces the delicate dilemma of avoiding loss of face while simultaneously grappling with the prospect of an internal crisis if exports to the United States decline. The prospect of rural grievances and internal conflicts further complicates his decision-making. Textile Recycling PET Resin

China has issued warnings about closely monitoring developments between Taiwan and the United States, emphasizing its vigilance in real-time. The White House, on the other hand, seems convinced that China’s economic interdependence with the United States renders it susceptible to diplomatic influence. However, this assumption is not without its risks, as a dramatic economic downturn in China could potentially trigger domestic instability. In this high-stakes geopolitical chess game, the world watches with bated breath as China balances on the tightrope between external pressures and internal challenges. The outcome of this intricate balancing act will undoubtedly shape the course of global politics and economics in the coming years.

China currently finds itself in a precarious situation, prompting speculation about how President Xi Jinping will navigate the mounting pressures from both Washington and Taiwan

“Chemical recycling holds immense potential, yet it isn’t a one-size-fits-all solution

The “Let’s Discuss Chemical Recycling” series by the German VDMA association’s Plastics and Rubber Machinery division engages experts and stakeholders in the chemical recycling realm.

Jochen Schofer, Head of Sales at Coperion GmbH’s recycling business unit, emphasizes the importance of eliminating poorly designed and non-recyclable products as a primary objective. Textile Recycling PET Resin

Mr. Schofer, how does chemical recycling contribute to the circular economy?

In principle, chemical recycling can play a significant role, but its effectiveness hinges on its integration with mechanical recycling. Success also relies on global acceptance of the circular economy, extending beyond Europe and Germany. In many regions, limited waste collection systems or even their absence impedes sufficient waste streams for recycling. While numerous multinational corporations are adopting chemical recycling, there’s hope that they’ll contribute to establishing the necessary global recycling infrastructure.

Chemical recycling displays tremendous potential and has yielded promising results thus far. However, it remains in its early stages compared to the established mechanical recycling. Chemical recycling’s advantage lies in its ability to process plastics that are difficult to handle mechanically—especially as industries like construction and automotive generate increasingly diverse plastic waste. This highlights chemical recycling’s crucial role in promoting a circular economy.

Where does chemical recycling surpass mechanical recycling?

Chemical recycling’s major advantage over mechanical recycling is its capacity to handle all plastic types. Unlike mechanical recycling, which requires segregated material streams (e.g., polyethylene or polypropylene), chemical recycling can also tackle composite materials. However, a prerequisite for cost-effective operation is a substantial material stream. Plans for large-scale chemical recycling plants with throughputs of up to 25 tonnes per hour are already in motion. Textile Recycling PET Resin

What is Coperion’s primary focus in recycling methods?

As machinery developers, our aim is to support the plastics industry on its circular economy journey. We provide solutions for chemical recycling, mechanical recycling, and other processes like solvent-based recycling, which separates two different polymers while degassing the solvent in the extruder. Our technologies cater to various plastic material streams, whether well-sorted or poorly sorted. The choice between pre-sorting or focusing on oil quality processing in chemical recycling depends on economic efficiency. Given its energy-intensive nature, larger plants may prioritize upstream steps, while smaller facilities might invest in processing recovered oil.

Did you encounter technological challenges?

As pioneers in virgin plastics processing, we’ve adapted our product range to serve the recycling sector with innovative solutions. Handling contaminated materials, low bulk weights, and high moisture contents prompted us to develop, adjust, and optimize our technologies. For instance, in chemical recycling, we devised a novel technique to degas chlorides directly within the extruder. Textile Recycling PET Resin

Will the circular economy resolve the waste issue?

Both chemical and mechanical recycling aren’t magic solutions. They substantially contribute to waste mitigation, but additional efforts are necessary. Primarily, product design must minimize poorly recyclable plastics. If these plastics saturate the market, there’s a risk of incineration instead of recycling. Our primary goal should be to avoid producing and using poorly recyclable plastics, marking a crucial step toward a functional circular economy.”

"Chemical recycling holds immense potential, yet it isn't a one-size-fits-all solution

Indorama Demonstrates Resilience Amid Challenging Environment: 2Q23 Earnings Reflect Modest Recovery

Indorama Ventures Public Company Limited (IVL), a leading chemical producer, exhibited resilience in the face of a challenging operational landscape during the second quarter of 2023. Despite a moderately improved performance compared to the previous quarter, the prevailing weak global operating conditions continued to exert influence on the company’s financials. The reported EBITDA for the quarter stood at $321 million, reflecting a 7% increase compared to the previous quarter. However, this figure also signified a significant year-on-year decrease of 68%. In contrast, sales volumes demonstrated resilience, showing a 4% quarter-on-quarter growth. This growth came amid the ongoing process of destocking in the global chemicals industry that began after reaching its peak in the fourth quarter of 2022. Textile Recycling PET Resin

The company highlighted that the market dynamics were significantly affected by China’s strategy of boosting exports to counteract diminished domestic demand. As a consequence, global margins witnessed a decline due to an oversaturation of the market with cost-effective commodity materials. In response to this complex scenario, Indorama Ventures has embarked on a multifaceted strategy to mitigate the challenges.

Among the measures being undertaken, the company is focusing on intensifying efforts to reduce working capital and capital expenditures. With a targeted goal of achieving $500 million in cash savings for the year, these efforts aim to enhance financial flexibility. Additionally, the company is strategically optimizing its European manufacturing footprint. This optimization process, combined with the continued dedication to efficiency enhancement, aligns with the ongoing business transformation initiative known as Project Olympus, which was initiated in 2020. Indorama Ventures also places emphasis on further digitalization and organizational improvements, ensuring a forward-looking approach to operations. Textile Recycling PET Resin

Looking ahead, Indorama Ventures anticipates an improvement in sales volumes during the latter half of the year. The implementation of these strategic measures is expected to yield positive results, coinciding with a gradual improvement in the industry outlook.

The company’s largest business segment, Combined PET, demonstrated robust performance with a remarkable 37% increase in EBITDA compared to the same quarter in the previous year. Anticipated growth in sales volumes over the next six months is attributed to the optimization of manufacturing operations in Europe and the progression of expansion projects in India. In contrast, the Fibres segment faced challenges stemming from lower margins in the lifestyle market and subdued demand for hygiene products in Europe. This segment reported an EBITDA of $20 million, depicting a 37% decrease in comparison to the second quarter of 2022. The Integrated Oxides and Derivatives (IOD) segment also encountered difficulties, experiencing a 27% quarter-on-quarter decline in reported EBITDA, which amounted to $94 million. Textile Recycling PET Resin

However, Indorama Ventures’ Deputy Group CEO, DK Agarwal, expressed confidence in the company’s ability to navigate these challenging conditions. Agarwal noted, “We are using the slowdown to optimize our asset footprint and drive operational excellence to remain in the first quartile cost position in the markets we serve.” He further underscored the company’s positive trajectory, forecasting mid-cycle returns in 2024 driven by effective leadership and the utilization of advanced digital tools and SAP S4/Hana infrastructure to enhance operational efficiency and customer engagement.

Indorama Ventures Public Company Limited, listed on the Thai stock exchange, maintains a global presence in the petrochemicals sector, spanning across Europe, Africa, the Americas, and the Asia Pacific region. The company’s diverse portfolio includes Combined PET, Integrated Oxides and Derivatives, and Fibers. With a global workforce of approximately 26,000 employees, the company achieved a revenue of $18.6 billion in 2022. Notably, Indorama Ventures is included in the Dow Jones Emerging Markets and World Sustainability Indices (DJSI), reflecting its commitment to sustainable business practices. Textile Recycling PET Resin

Indorama Demonstrates Resilience Amid Challenging Environment: 2Q23 Earnings Reflect Modest Recovery

MEGlobal, a significant player in the petrochemical industry, has recently revealed its anticipated pricing strategy for September 2023

Specifically, the company has put forth its monoethylene glycol (MEG) Asian Contract Price (ACP) for September, setting it at an unaltered value of USD 810 per metric ton. This stands in direct comparison to the preceding month’s pricing, where MEGlobal also designated the same value of USD 810 per ton for its August ACP. This steady stance on pricing highlights the company’s deliberate approach in maintaining consistency in its pricing structure. Textile Recycling PET Resin

The quoted price of USD 810 per ton is established on a CFR (cost & freight) Asia basis, indicating that the price encompasses the cost of the product, as well as freight charges, making it a comprehensive assessment of the economic factors involved. This pricing strategy reflects MEGlobal’s dedication to transparent and inclusive pricing, which considers not only the cost of production but also the logistical expenses associated with delivering the product to the Asian market.

It is pertinent to recollect that MEGlobal had previously declared its ACP for August 2023, setting it once again at USD 810 per ton. This represented an increment of USD 20 per ton compared to the previous month’s ACP, which was priced at USD 790 per ton in July. This upward adjustment in August’s ACP underscored the dynamic nature of pricing in the petrochemical industry, influenced by factors such as supply and demand fluctuations, production costs, and market trends.

MEGlobal’s unswerving pricing approach for September, maintaining the same figure as August, can be interpreted as a strategic maneuver to balance market stability and customer relations. By keeping the price constant, the company aims to provide its clients with a sense of predictability, enabling them to plan their procurement and budgeting strategies with greater confidence. Textile Recycling PET Resin

In conclusion, MEGlobal’s decision to sustain its monoethylene glycol (MEG) Asian Contract Price (ACP) at USD 810 per ton for September 2023 reflects a strategic commitment to stability in an industry often marked by volatility. The company’s adherence to a CFR Asia basis for pricing underscores its holistic approach to cost evaluation. This move follows a slight price increase in the previous month, illustrating the multifaceted nature of pricing determinants in the petrochemical sector. As MEGlobal continues to navigate the complex landscape of petrochemical pricing, its consistent pricing strategies underscore its dedication to fair and transparent pricing practices.

MEGlobal, a significant player in the petrochemical industry, has recently revealed its anticipated pricing strategy for September 2023

Oil falls as China fears counter tight US supply

  • Summary
  • US crude stockpiles fall by nearly 6 million barrels – EIA
  • Minutes of Fed meeting due at 1800 GMT
  • Concerns on China’s economy remain key price driver

Oil prices fell on Wednesday despite a large drawdown in U.S. crude stocks as investors weighed worries about China’s embattled economy against expectations of tighter supply in the United States.

Brent crude futures fell $1.23 to $83.66 a barrel by 1:13 p.m. EDT (1713 GMT), while U.S. West Texas Intermediate crude (WTI) fell $1.33 to $79.66.

Both benchmarks fell more than 1% in the previous session to their lowest since Aug. 8.

U.S. crude oil inventories fell by nearly 6 million barrels last week on strong exports and refining run rates, despite crude production rising to its highest since the coronavirus pandemic decimated fuel consumption, Energy Information Administration data showed on Wednesday.

However, product supplied of gasoline fell by 451,000 barrels per day in the week as peak driving season draws to a close.

“We’re still seeing a subpar gasoline number…it looks like we’re past peak summer travel season for many,” said John Kilduff, partner at Again Capital LLC in New York.

China’s sluggish economy has remained in focus, after retail sales, industrial output and investment figures failed to match expectations, fuelling concern over a deeper, longer-lasting slowdown.

July activity figures have prompted concerns that China may struggle to meet its growth target of about 5% for the year without more fiscal stimulus, and calls for authorities to take decisive steps. Textile Recycling PET Resin

Without giving details, a cabinet meeting chaired on Wednesday by Premier Li Qiang said China would continue to introduce policies aimed at boosting consumption and promoting investment.

Both the OPEC+ group, comprising the Organization of the Petroleum Exporting Countries and allies, and the International Energy Agency (IEA) are banking on China – the world’s biggest oil importer – to galvanise crude demand over the rest of 2023.

While dismal Chinese economic indicators have been causing headaches, providing a justified excuse for investors to go on the defensive, the global oil balance shows no signs of loosening up, PVM analyst Tamas Varga said, citing the latest numbers on U.S. crude inventories.

Investors will also have eyes on minutes from the Federal Reserve’s July policy meeting for further cues on interest rate strategy at the world’s biggest oil consumer.


Oil falls as China fears counter tight US supply

Chemical recycling EV Cars – Can China and Türkiye Affect the Russia-Ukraine War? 16-08-2023

Textile Recycling PET Resin

Chemical recycling EV Cars – Can China and Türkiye Affect the Russia-Ukraine War? 16-08-2023

Chemical recycling EV Cars

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Diplomatic Prospects Amidst Ruble’s Decline: Turkey and China’s Role in Ending the Conflict

In the midst of the tumultuous chaos of warfare, diplomatic endeavors persist, struggling to find a foothold amidst the barrage of bombs, missiles, and military strategies. The quest for a solution to the relentless war is fraught with complexities, a challenging yet crucial mission that seeks to bring an end to the harrowing conflict. This pursuit continues despite the awareness of both its architects and victims. Amidst the turmoil, the Vatican, represented by Cardinal Zuppi and the Pope, perseveres in its intricate web-spinning. However, two other players hold prominence at the negotiation table, offering a glimmer of potential despite the veils of ambiguity surrounding them: Turkey and China.

Ankara, in particular, is making calculated moves, endeavoring to push its influence and potentially orchestrating a landmark event. The impending visit of Vladimir Putin to Turkey signals a significant development. While discussions surrounding this visit are not novel, the present scenario accentuates their concreteness. If realized, it would mark a turning point, as Putin’s visit would be his first to a NATO member state since the commencement of the war. Chemical recycling EV Cars

The anticipation grows as Turkish leader Recep Tayyip Erdogan seeks to engage in talks with Putin by the end of August. The meeting hinges on two pivotal matters: the renewal of the wheat export agreement, a past demonstration of Turkey’s influential role, and the prospect of initiating talks with Ukraine. Erdogan’s goal extends beyond peace; it entails positioning Turkey as a potent and credible international interlocutor, yielding benefits on a broader scale. The significance of this rendezvous is augmented by Moscow’s historical reluctance to compromise.

China, too, deploys a strategic approach akin to Turkey’s in its bid to reshape perceptions and safeguard its interests, particularly in regard to Taiwan. President Xi Jinping’s diplomatic agenda balances the pursuit of a favorable global image while safeguarding its interests. Rather than overtly supporting its ally Russia, China advocates for peace, fostering a strategic and continuous dialogue. Evidencing the depth of commitment, China’s Defense Minister Li Shanfu’s presence at the Moscow Conference on international security reinforces the call for peace in Ukraine.

Amidst the multifaceted diplomatic maneuvers, a notable transformation in Moscow’s stance may be in the offing. Russia, grappling with an increasingly dire economic situation, finds itself ensnared in the precipitous decline of the ruble. A psychological threshold has been breached as the ruble tumbles beyond the mark of a hundred per dollar, resting at 101.01 rubles for a dollar and 110.73 rubles for a euro—a historical low. The implications are far-reaching, potentially compelling Russia to hike taxes on oil and gas to counterbalance the dwindling revenues, which starkly deviate from projections. The Russian central bank’s swift response through an urgent meeting underscores the severity of the currency’s collapse. Chemical recycling EV Cars

A Russia grappling with economic isolation amidst crisis may be more susceptible to pursuing dialogue, albeit through a rugged and meandering path.

In the intricate landscape of conflict resolution, the diplomatic pursuit for peace amid chaos assumes a paramount role. The Vatican’s web-weaving, Turkey’s calculated maneuvering, and China’s strategic engagement all contribute to a complex interplay of interests and agendas. As the ruble’s decline exacerbates Russia’s economic woes, a potential opening for dialogue emerges. The outcome, though uncertain, holds the promise of altering the trajectory of a conflict that has plagued nations and individuals alike. The road ahead remains uncertain, yet the persistence of diplomatic endeavors offers a glimmer of hope amidst the turmoil of war.

Chemical recycling EV Cars

Paving the way for cheaper, less energy-intensive chemical recycling

U.S.-based scientists have developed a new method to replace steam crackers in upgrading pyrolysis oil obtained from waste plastics. They claim the process is lucrative and much less energy intensive.

Researchers at the University of Wisconsin-Madison in the United States have developed a new method to recycle waste plastics into high-value alcohols, carboxylic acids, and amines. They shared their findings in “Hydroformylation of pyrolysis oils to aldehydes and alcohols from polyolefin waste,” recently published in Science.

The team recovered olefins by pyrolysing post-consumer recycled (PCR) high-density polyethylene (HDPE), as well as virgin HDPE, virgin polypropylene (PP), and virgin low-density polyethylene (LDPE) as control cases. They then used the pyrolysis oil to produce aldehydes through a chemical process called homogenous hydroformylation catalysis. The process reportedly converted more than 90% of the olefins in the pyrolysis oil into aldehydes, which were then further reduced into high-value industrial alcohols used to make soaps and cleaners, for example. Chemical recycling EV Cars

The scientists claim that the new chemical recycling technique has the potential to be more lucrative and less energy intensive than current methods to upgrade pyrolysis oil, like steam cracking. Chemical recycling EV Cars

“Currently, companies [using steam cracking] don’t have a really good approach to upgrade the pyrolysis oil,” said author Houqian Li. “In this case, we can get high-value alcohols worth $1,200 to $6,000 per ton from waste plastics, which are only worth about $100 per ton. In addition, this process uses existing technology and techniques. It’s relatively easy to scale up.”

He believes that the recycling industry could soon adopt the new method. In a technoeconomic model and life cycle assessment of the process, the researchers showed that a chemical plant with 10,000 tons per year of production capacity could make an annual net profit of as much as $100 million by implementing the process, with a payback period of three years.


Chemical recycling EV Cars

European PVC Recycling Sees Modest 0.3% Increase in 2022

Amid ongoing efforts to enhance sustainability and combat plastic waste, the recycling rates for polyvinyl chloride (PVC) in Europe exhibited a marginal uptick of 0.3% in the year 2022. The figures indicate that Europe recycled approximately 813,266 tonnes of PVC waste across the EU-27, as well as in Norway, Switzerland, and the UK, according to a report by Amiplastics.

Throughout the preceding year of 2021, the continent had successfully recycled 810,775 tonnes of PVC waste, setting a precedent for the subsequent year’s recycling achievements. Noteworthy advancements were observed in distinct categories of PVC products. In particular, recycling rates for profiles underwent a commendable increase of around 15%, corresponding to a total of 408,000 tonnes. Similarly, the recycling of pipes and fittings saw a growth rate of 12%, contributing to a total recycled volume of approximately 50,000 tonnes during the course of 2022. Chemical recycling EV Cars

These incremental improvements serve as a testament to the steadfast commitment of the industry to bolster sustainable practices and resource management. With plastic pollution remaining a pressing global concern, the PVC sector is making strides toward mitigating its environmental impact. This gradual yet meaningful progress offers a glimpse into the potential of recycling initiatives, not only in Europe but also on a global scale.

To further intensify these sustainability endeavors, the organization has outlined ambitious recycling targets for the coming years. By 2025, they aspire to recycle a staggering 900,000 tonnes of PVC annually, a goal that represents a substantial increase from current recycling rates. Looking even further ahead, the organization envisions recycling 1 million tonnes of PVC per year by 2030. These targets underscore the industry’s unwavering dedication to advancing circular economy principles and fostering a greener future.

In tandem with these positive developments, it is pertinent to recall a significant event within the industry. Specifically, on July 12, Olin, a prominent PVC producer, halted operations at its unit with a capacity of 835,000 metric tons per year. This decision was attributed to equipment failures, as confirmed by Shintech, a leading U.S. PVC producer and chief customer of Olin. This setback followed a prior announcement in June, wherein Olin had communicated the restart of its vinyl chloride monomer (VCM) plant. However, the plant’s operations were constrained by reduced rates at that time.

These instances highlight the intricate challenges and considerations inherent in the PVC industry. While recycling rates exhibit modest yet consistent growth, disruptions and setbacks can occur due to a variety of factors, including technical issues and market dynamics. The industry’s response to such challenges will play a pivotal role in shaping its future trajectory. Chemical recycling EV Cars

In conclusion, the modest increase of 0.3% in European PVC recycling for the year 2022 signifies the industry’s dedication to sustainable practices, albeit with room for further advancement. The growth in recycling rates for profiles and pipes/fittings underscores the sector’s proactive engagement with environmental concerns. Ambitious recycling targets for the years ahead reflect a determined drive to achieve greater resource efficiency. Amid these developments, challenges such as operational disruptions remind us of the dynamic nature of the industry. As efforts to foster sustainability continue, the PVC sector’s resilience and adaptability will be critical in realizing a greener and more circular economy.

Chemical recycling EV Cars

Saudi Aramco Commits to Full Oil Supply to Asia in September Despite Output Cut Extension

In a development that underscores Saudi Arabia’s commitment to its Asian oil customers, Saudi Aramco has reportedly assured North Asian customers that their crude oil requests for September will be met in full. This affirmation comes even as Saudi Arabia extends its unilateral voluntary production cut, according to several sources cited by Reuters.

As the world’s leading oil exporter, Saudi Arabia had previously announced an extension of its 1 million barrels-per-day (bpd) reduction in production for an additional month through September. The kingdom’s intention to potentially extend or deepen this cut beyond September was also disclosed. Chemical recycling EV Cars

In a statement on Monday, Saudi Aramco CEO Amin Nasser asserted that the company’s supplies to its customers remain at satisfactory levels. Notably, Chinese refiners did not seek reductions in supply volumes for September-loading cargoes, despite Saudi Aramco’s establishment of higher official selling prices (OSPs). This information was shared by three trading sources within the industry.

Insiders estimated that Chinese buyers are set to acquire between 50 million and 52 million barrels of Saudi crude, marking a significant increase from the roughly 38 million barrels secured in August. This substantial surge in demand signals China’s robust reliance on Saudi oil, even in the face of fluctuating prices and market conditions.

Over the past three months, certain Chinese refiners had expressed the desire for reduced supply from Saudi Aramco due to elevated oil prices. Consequently, they turned to alternative sources, primarily from the Americas and West Africa, to fulfill their procurement needs.

It’s important to recall that Saudi Arabia’s state-owned oil behemoth, Aramco (2222.SE), recently unveiled plans for an additional dividend amounting to nearly USD 10 billion. A significant portion of this dividend will be directed to the government. This marks the initiation of several supplementary dividends, which will be disbursed alongside the projected base dividend of USD 153 billion for the years 2022 and 2023.

Aramco is poised to initiate performance-linked dividends, with an initial payout of USD 9.87 billion slated for the third quarter.

This payout will be based on the company’s comprehensive performance for the year 2022 and the first half of 2023.Chemical recycling EV Cars

The reassurance from Saudi Aramco regarding the full supply of oil to Asia in September underscores the company’s dedication to its global customer base, particularly in the midst of extended production cuts. This commitment also mirrors Saudi Arabia’s position as a pivotal player in the international oil market, with its decisions significantly influencing global energy dynamics.

While the extension of the output reduction demonstrates Saudi Arabia’s intention to stabilize oil markets, its ability to ensure consistent supply is indicative of its prioritization of customer relationships and market share. The notable increase in crude procurement by Chinese buyers underscores the enduring demand for Saudi oil, even as alternative options are explored during periods of price volatility.

In conclusion, Saudi Aramco’s commitment to meet Asian oil demand in September, despite the extension of production cuts, highlights the delicate balance between production adjustments and ensuring customer satisfaction.

This dynamic landscape showcases the intricate interplay of market forces, geopolitical considerations, and strategic planning within the realm of global energy supply and demand. Chemical recycling EV Cars

Saudi Aramco Commits to Full Oil Supply to Asia in September Despite Output Cut Extension

The International Energy Agency (IEA) delivered a sobering projection on Friday, indicating a downward revision in the anticipated growth of oil demand for the upcoming year

This revised outlook comes in the wake of lackluster macroeconomic conditions, a faltering post-pandemic recovery, and the surging popularity of electric vehicles, as reported by Reuters.

For the year 2024, the IEA’s latest August monthly report predicts a deceleration in demand growth for oil, with an expected increase of merely 1 million barrels per day (bpd). This projection represents a notable reduction of 150,000 bpd from the agency’s earlier forecast, casting a shadow over the global oil market’s future trajectory.

The core factors contributing to this revision are multifaceted. The persistently lackluster macroeconomic landscape has cast doubt on the vigor of global economic expansion, thereby tempering the energy demand associated with economic activities. Moreover, the post-pandemic recovery, once a driving force for increased energy consumption, is now displaying signs of losing its initial momentum, further dampening the overall demand outlook for oil. Chemical recycling EV Cars

However, the most transformative factor exerting pressure on oil demand is the burgeoning utilization of electric vehicles (EVs). As these eco-friendly alternatives gain traction on the global stage, the traditional demand for oil is inevitably curtailed. With their enhanced efficiency and lower environmental impact, electric vehicles have not only captured consumer interest but have also led to an accelerating shift away from oil-dependent transportation systems. This trend is anticipated to gain even greater momentum, thereby contributing to the slower growth in oil demand forecasted for the near future.

The IEA’s projection for 2024 reflects a comprehensive reassessment of the intricate interplay between these factors. It also underscores the need for an adaptive approach within the oil industry, as market dynamics continue to evolve in response to both technological advancements and changing consumer preferences.

Amidst these projections and shifting market trends, it is imperative to acknowledge the impact of geopolitical developments. The context of Russian fuel exports serves as a pertinent example. Notably, a significant portion of Russia’s fuel exports originating from the Baltic and Black Sea regions has seen pricing surpass the limits imposed by a price cap set in February. This cap was established by a coalition led by G7 nations, with the intention of curbing Moscow’s revenues following its contentious invasion of Ukraine. The subsequent escalation in Russian fuel prices is particularly noteworthy in the context of a global scenario marked by escalating prices for fuels sourced from other origins. This trend is driven by a confluence of factors, including robust demand and constrained inventory levels on a global scale. Chemical recycling EV Cars

In conclusion, the International Energy Agency’s downward revision of oil demand growth projections for 2024 reflects a complex web of influences. The convergence of lackluster macroeconomic conditions, a waning post-pandemic recovery, and the ascendant prevalence of electric vehicles collectively shape a landscape where oil demand is expected to experience a significant deceleration. As the world navigates these transformative shifts in energy dynamics, the need for agility, adaptability, and a comprehensive understanding of these multifactorial forces is paramount for industry stakeholders. Furthermore, the intricate dance of geopolitics and market forces adds an additional layer of complexity to the evolving energy paradigm, as evidenced by the fluctuations in Russian fuel prices against the backdrop of global supply and demand dynamics.

The International Energy Agency (IEA) delivered a sobering projection on Friday, indicating a downward revision in the anticipated growth of oil demand for the upcoming year

BYD’s Withdrawal from Electric Car Production in India: A Contested Decision

The intricate landscape of international business has witnessed a surprising turn of events as Chinese conglomerate BYD finds itself at loggerheads with Indian authorities, leading to a likely abandonment of its ambitious investment plan within the country. While the departure of BYD from India appears imminent, some speculate that this could be a tactical maneuver rather than a definitive retreat. Chemical recycling EV Cars

In a global trend where numerous automakers are capitalizing on India’s advantages – including cost-effective labor and enticing government subsidies – to establish manufacturing hubs, BYD’s potential reversal of fortunes stands out. The conglomerate had initially unveiled a colossal development initiative in collaboration with local partner Megha Engineering and Infrastructures, projecting an investment of approximately 900 million euros into India’s burgeoning automotive sector. However, recent developments have thrown this plan into disarray.

The shift in BYD’s strategy can be traced back to reservations expressed by officials from multiple Indian ministries, including finance, regarding the Chinese company’s expansion blueprint. While BYD is yet to formally acknowledge this change, rumors circulating within the international media suggest that tensions escalated significantly between BYD and Indian authorities following this evaluation, to the extent that even Megha Engineering contemplated discontinuing its involvement in the project.

The absence of official statements from BYD leaves room for speculation, making these reports seem more like unofficial leaks rather than confirmed truths. Nevertheless, BYD’s established presence in India should not be overlooked; the automaker has been actively operating in the country for 16 years, playing a vital role in the electric vehicle (EV) market, particularly in electric cars and buses. Negotiations and behind-the-scenes efforts are reportedly underway to resolve the impasse, with the aim of kickstarting BYD’s anticipated production endeavors in India as early as 2025. Chemical recycling EV Cars

Delving into the larger context, the BYD-India saga raises questions about underlying dynamics between the two nations. China’s ascendant position on the global stage often evokes wariness and unease among various countries, India included. China’s rapid economic growth is often accompanied by apprehensions stemming from differences in work practices and the compatibility of its values with those of the West. However, it’s important to note that China’s approach to work is not fundamentally dissimilar to that of India’s; yet, the scale and implications of ventures of this magnitude are naturally bound to amplify any preexisting tensions.

The backdrop to this scenario can be traced back to India’s 2020 decision to bolster scrutiny over Chinese investments, leading to the cessation of projects perceived as overly ambitious and potentially impactful. An illustrative example is the suspension of Great Wall’s billion-dollar investment proposal a few years ago. This heightened vigilance underscores India’s cautious approach to managing foreign capital inflows, especially from countries that might have differing agendas or pose challenges to national interests.

The fate of BYD’s electric car aspirations in India hangs in the balance, awaiting the verdict of trade, industry, and foreign affairs ministries. The crux of this situation reflects a fundamental principle – that no entity, regardless of its financial prowess, can expect unbridled freedom in India’s business landscape.

The complexities involved in such ventures are not necessarily evident to Chinese conglomerates, as they might hail from countries where investment is more readily accepted without stringent conditions. Chemical recycling EV Cars

In conclusion, BYD’s potential withdrawal from electric car production in India paints a vivid picture of the intricate web of international business dynamics and geopolitics. As the two nations navigate this situation, the outcome will undoubtedly influence future interactions between China and India, while also underscoring the inherent complexities in cross-border investments, especially in countries with strategic sensitivities.

BYD's Withdrawal from Electric Car Production in India: A Contested Decision

Carmakers Embark on Recycled Plastics Journey: A Focus on European Initiatives

In recent times, the automotive industry, particularly in Europe, has witnessed a remarkable upsurge in its fascination with recycled plastics. The industry is abuzz with activity as major car manufacturers and Tier 1 suppliers diligently collaborate with partners in the plastics recycling sector as an integral part of their sustainability agendas. Notably, automotive giants such as Audi and BMW, among others, are spearheading ambitious projects aimed at expanding the utilization of recycled plastics. This fervor is propelled by the European Commission’s visionary strategy, which entails incorporating 25% recycled plastics content within the framework of the revised EU End-of-Life Vehicles Directive. Chemical recycling EV Cars

The concerted drive towards integrating recycled plastics into the automotive sector’s operations underscores a significant paradigm shift in the industry’s approach to sustainability. This transformation is evident in the strategic partnerships being forged between automakers and players in the plastics recycling domain. These synergies reflect a commitment to not only embracing environmentally conscious practices but also to addressing the growing concern of plastic waste accumulation. By leveraging the expertise of recycling specialists, car manufacturers are poised to achieve a dual objective: advancing their environmental stewardship initiatives while simultaneously bolstering the circular economy’s principles.

Prominent names within the automotive realm, including Audi, BMW, and various European conglomerates, are taking substantial strides to propel the adoption of recycled plastics to new heights. The catalyst for this heightened fervor lies in the European Commission’s visionary ambitions. As the commission sets its sights on realizing a momentous target—incorporating 25% recycled plastics content—the impetus cascades through the automotive sector, spurring innovation and collaboration. This ambitious goal, embedded within the reimagined EU End-of-Life Vehicles Directive, illuminates a path towards a more sustainable future, one where discarded plastics find renewed purpose within the automotive supply chain.

Cognizant of the impending paradigm shift, leading automotive players are recalibrating their strategies to align with these eco-centric goals. Audi, known for its innovation and pioneering spirit, has embarked on multifaceted projects aimed at expanding the horizons of recycled plastics. The company’s resolute commitment is underscored by the European Commission’s transformative vision. Similarly, BMW, a stalwart in the automotive landscape, is steering its efforts towards recycling-driven initiatives, thereby cementing its position as an industry trailblazer in sustainability. Chemical recycling EV Cars

As the automotive sector journeys towards the realization of the European Commission’s recycled plastics content target, collaboration emerges as the cornerstone of progress. Partnerships between automakers and stakeholders within the plastics recycling ecosystem are emblematic of a collective determination to drive change. This alignment enables the fusion of technological innovation with environmental consciousness, yielding groundbreaking solutions that transcend the status quo.

Furthermore, in the realm of global economics and trade, the Plastics Industry Association (PLASTICS) has assumed a pivotal role. The association, cognizant of the far-reaching implications of the International Monetary Fund’s 2023 economic growth revision, has unveiled a comprehensive analysis authored by PLASTICS Chief Economist, Dr. Perc Pineda. This analysis intricately examines the reverberations of economic shifts on the global plastics trade. By delving into the intricate interplay between economic dynamics and the plastics industry, this analysis equips stakeholders with valuable insights that illuminate the path forward.

In summation, the automotive sector, particularly within Europe, is undergoing a remarkable transformation as it embraces recycled plastics as a linchpin of sustainability. The endeavors of industry titans like Audi and BMW underscore a resolute commitment to both environmental stewardship and technological innovation. The European Commission’s visionary target of integrating 25% recycled plastics content serves as a powerful catalyst, propelling the industry towards a future where circularity and environmental consciousness converge. As these initiatives unfurl, the collaborative ethos between automakers and recycling experts stands as a testament to the industry’s collective determination to drive positive change. Chemical recycling EV Cars

Moreover, on a global scale, the Plastics Industry Association’s insightful analysis navigates the complex intersection of economic growth and the plastics trade, illuminating the path for informed decision-making. The journey towards a sustainable automotive future, enriched by recycled plastics, has commenced, promising a landscape where environmental harmony harmonizes seamlessly with technological ingenuity.

Carmakers Embark on Recycled Plastics Journey: A Focus on European Initiatives

Sustainable Bottle plastic waste – Plastic Is Not Toxic, So How Can It Be a Pollutant? 15-08-2023

Chemical recycling EV Cars

Sustainable Bottle plastic waste – Plastic Is Not Toxic, So How Can It Be a Pollutant? 15-08-2023

Sustainable Bottle plastic waste

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Mitsubishi Embarks on Establishing a Sustainable Bottle Supply Chain

In a groundbreaking collaborative effort, Mitsubishi has joined forces with Suntory Holdings and Eneos to spearhead the development of an innovative supply chain dedicated to producing sustainable PET bottles sourced from biomass. This strategic alliance signifies a remarkable stride towards a more environmentally conscious future.

The tripartite consortium, comprised of Mitsubishi, Suntory Holdings, and Eneos, has unveiled a visionary plan that involves the creation of a supply chain powered by renewable resources. Neste, a pioneering force in the realm of bio-based feedstock, will be the linchpin of this supply chain, furnishing it with a raw material derived from biomass. This material will act as a sustainable substitute for fossil naphtha, an oil-based solvent obtained through petroleum distillation. This revolutionary initiative targets the transformation of the PET bottle production process, aligning it with the principles of sustainability. Biomass resources like used cooking oil, harnessed by Neste, will be channeled into the manufacturing of bio-naphtha, a pivotal component in this innovative supply chain. Notably, Neste’s bio-naphtha derives exclusively from 100% renewable raw materials, namely waste and residue oils and fats. Sustainable Bottle plastic waste

At the heart of this undertaking are PET bottles, also known as PET plastic, renowned for their transparent durability and recyclability. According to the American Beverage Association, these bottles can be fully recycled and repurposed, underscoring their potential in a circular economy. While Mitsubishi has garnered renown primarily as an automotive giant, its scope extends far beyond. With a diverse portfolio spanning natural gas, industrial materials, chemical solutions, mineral resources, industrial infrastructure, automotive and mobility, food industry, consumer industry, power solutions, and urban development, Mitsubishi is uniquely positioned to orchestrate and manage the multifaceted aspects of this ambitious endeavor.

Eneos, a prominent Japanese oil company, contributes a crucial component to the supply chain equation. The company undertakes the transformation of bio-naphtha into bio-paraxylene (PX) at its Mizushima Refinery located in Okayama, Japan. This transitional phase is integral to the subsequent production of bio-high purity terephthalic acid (PTA) and resin essential for crafting bio-PET bottles, all driven by bio-PX. Suntory, a distinguished Japanese packaged goods entity, assumes the mantle of utilizing this bio-PET resin to fabricate sustainable PET bottles for their extensive product range. However, it is Mitsubishi that takes on the pivotal role of orchestrating and overseeing the entire supply chain progression.

This collaborative endeavor stands as a testament to ingenuity and innovation, marking the world’s inaugural large-scale production of sustainable PET bottles utilizing bio-PX sourced from bio-naphtha. The bold proclamation by Mitsubishi highlights the anticipated production of bio-PX equivalent to a staggering 35 million PET bottles by the conclusion of 2023. These will subsequently serve as the fundamental raw materials for the crafting of Suntory’s sustainable PET bottles, set to debut in 2024. Sustainable Bottle plastic waste

Crucially, this newly engineered supply chain embodies a remarkable reduction in carbon emissions when juxtaposed with conventional petroleum-derived products. This dramatic shift towards PET resin produced from bio-PX translates to a significant decrease in carbon footprint and a reduced reliance on fossil fuels. Mitsubishi’s commitment extends beyond this venture, as it envisions a continuous transformation of various plastics hitherto dependent on fossil fuels into bio-based counterparts.

Notably, Mitsubishi’s involvement in pioneering sustainable solutions is not limited to this venture alone. The company has consistently demonstrated its dedication to enhancing plastics recycling. A notable instance is the collaboration between Mitsubishi’s chemical advanced materials business and Solvay, aimed at recycling medical equipment constructed from polysulfone thermoplastic. Additionally, Mitsubishi was a prominent signatory to the Low-Carbon Resources Initiative (LCRI), an ambitious $100 million research and development initiative uniting 39 companies in the pursuit of viable technologies and solutions for the deep decarbonization of the power sector.

In conclusion, the collaborative efforts of Mitsubishi, Suntory Holdings, and Eneos herald a significant leap forward in sustainability within the PET bottle production domain. This groundbreaking supply chain, powered by renewable resources, represents an audacious stride towards a greener and more eco-conscious future. Sustainable Bottle plastic waste

Mitsubishi’s multifaceted engagement across various sectors underscores its commitment to innovation, sustainability, and a paradigm shift towards a circular economy.

Sustainable Bottle plastic waste

In a groundbreaking study, the utilization of renewable energy to drive the depolymerization of polyoxymethylene (POM), a high-performance acetal resin widely used in industries such as automotive and electronics, has been successfully demonstrated

While the recycling of plastics through depolymerization has been effectively achieved for plastics like PET, polystyrene, and polylactic acid, the research team at the University of Illinois Urbana-Champaign has expanded the horizons of plastic recycling by showcasing the feasibility of electrochemical depolymerization of POM.

The University’s research, recently published in Nature Communications, unveils a pioneering project that capitalizes on the integration of renewable energy into a circular plastic economy. The project, led by Yuting Zhou, a postdoctoral associate, in collaboration with chemistry professors Jeffrey Moore and Joaquín Rodríguez-López, embarks on a mission to address the longevity and non-circular nature of plastic materials like POM due to their intricate molecular structures and relatively unreactive linkages.

Conventionally, recycling plastics involves mechanical processes that often compromise the thermomechanical properties of the polymers. Sustainable Bottle plastic waste

By deconstructing the POM polymer into its elemental monomers, a process achieved by dissolving small POM beads in a specialized organic solvent called hexafluoroisopropanol (HFIP) and subjecting them to electrocatalysis, the researchers successfully converted the plastic waste into reusable monomers.

The breakthrough lies in the role of HFIP during electrolysis. This organic solvent, under the influence of electrical current, generates acid, which in turn facilitates the breakdown of the polymer into its constituent monomers. A pivotal control experiment demonstrated that without electricity, the depolymerization process did not occur. Furthermore, attempts without HFIP, conducted at both room temperature and 60°C, also failed to trigger the desired depolymerization. These findings underscore the crucial synergy between renewable energy, specialized solvents, and electrocatalysis in the effective depolymerization of POM.

Compared to conventional chemical recycling methods, the approach adopted by the research team proves to be energy-efficient and robust. As the global energy landscape shifts towards the dominance of renewable sources such as solar, wind, and hydroelectric generation, the method presents a sustainable, energy-driven solution for circular plastic economy endeavors.

Building on their success, the researchers extended their exploration to include a commercial Delrin product – keck clip sheds, commonly utilized in chemistry laboratories. The technique proved adaptable and effective, showcasing its potential applicability to real-world manufactured products. Sustainable Bottle plastic waste

Reflecting on the implications of their work, Zhou expresses enthusiasm regarding the possibilities unlocked by electricity-driven plastic breakdown. She acknowledges the challenges and limitations yet remains steadfast in her belief that this groundbreaking approach holds tremendous promise. The breakthrough doesn’t just break down plastics; it also dismantles preconceptions about the feasibility of utilizing electricity in plastic recycling.

As the research moves forward, the team intends to delve into more complex plastics and expand their experimentation with electrocatalysis to achieve selective upcycling of POM into formic acid. This pioneering method could be integrated into a continuous flow system, providing a pathway towards large-scale implementation.

Moreover, Zhou and her team aspire to ignite inspiration within the engineering and synthetic chemistry communities. They aim to encourage others to explore the potential of electricity in deconstructing synthetic plastics, ushering in a new era of sustainable plastic recycling. Sustainable Bottle plastic waste

The study resonates as an affirmation that utilizing electricity for plastic breakdown is not a far-fetched notion; rather, it represents a challenging yet feasible endeavor with the potential to reshape the future of plastic waste management.

Sustainable Bottle plastic waste

Danimer Scientific, Inc., a prominent producer of polyhydroxyalkanoates (PHA), reported a series of positive developments in its second-quarter performance for 2023

The company’s Chairman and CEO, Stephen E. Croskrey, highlighted the progress achieved during this period. Notably, Danimer has advanced into the subsequent phase of the financing process in collaboration with the Department of Energy. Alongside this, it has embarked on several strategic initiatives aimed at broadening its customer base and diversifying its range of end-use applications.

Croskrey expressed his satisfaction with the successful commercialization of three new end-use applications after an intensive three-year developmental effort. These applications encompass protective films, shrink wrap, and produce bags. Additionally, Danimer played a pivotal role in the swift commercial launch of compostable coffee pods. This development is particularly significant in light of the European Union’s deliberations on mandating the use of compostable materials for such products, highlighting Danimer’s alignment with potentially transformative regulations.

The company’s ongoing endeavors include the introduction of innovative straw and cutlery programs targeting the quick-service restaurant sector. Moreover, Danimer is actively engaged in the formulation of aqueous and extruded coatings tailored for paper cups and thermoformed cup lids. Sustainable Bottle plastic waste

In terms of financial performance, Danimer experienced a growth in revenues during the second quarter of 2023, reaching $12.9 million, a modest increase from $12.7 million during the same period in the preceding year. The initial quarter of 2023 had seen revenues of $11.9 million. This growth was attributed exclusively to product revenue, which amounted to $12.2 million in Q2, compared to $11.6 million during the corresponding period the previous year. This increase was primarily driven by elevated sales of PHA-based polymers, witnessing a remarkable 10% growth year-on-year and a substantial 69% sequential increase. However, this uptick was partly offset by a minor decline in sales of PLA-based resin.

The service revenue displayed a predictable decrease from $1.1 million in Q2 of the prior year to $0.7 million in Q2 of 2023. This decline stemmed from the successful transition of certain customer development projects into commercialization stages. Notably, the gross profit for the quarter was $(6.6) million, an increase from $(2.2) million during the same period in 2022. The adjusted gross profit also decreased from $(0.5) million in Q2 of 2022 to $(1.6) million, primarily due to heightened fixed production costs associated with increased capacity.

Despite the positive developments, the company reported a net loss of $(39.2) million for the second quarter, compared to $(30.4) million in the corresponding period of the previous year. However, the adjusted EBITDA for Q2 2023 showed improvement, amounting to $(10.2) million, compared to $(12.9) million in Q2 2022. This enhancement was attributed to the implementation of cost-control measures across various segments of the business. Sustainable Bottle plastic waste

Danimer remains optimistic about its competitive standing and prospects for growth. While the second-quarter and first-half results aligned with the company’s expectations, it acknowledged the possibility of a shift in the timing of significant program awards and associated delays in initial shipments. As a prudent measure, Danimer expressed a conservative outlook, leaning towards the lower end of the previously communicated range for the 2023 full-year Adjusted EBITDA, projected to range from $(23) million to $(31) million.

In a separate announcement, Danimer disclosed that its Part II Application had been accepted by the U.S. Department of Energy (DOE) under the Title XVII Loan Guarantee. Title XVII empowers the Secretary of Energy to offer loan guarantees for projects that contribute to the reduction or avoidance of air pollutants, greenhouse gas emissions, and the incorporation of advanced technologies compared to prevalent commercial solutions. Consequently, Danimer has been invited to engage in the confirmatory due diligence and term sheet negotiation process, potentially leading to funding from the U.S. Department of the Treasury’s Federal Financing. This funding could facilitate the construction of Danimer’s greenfield manufacturing facility in Bainbridge, Georgia. Sustainable Bottle plastic waste

Sustainable Bottle plastic waste

GriffsNotes: Plastic Is Not Toxic, So How Can It Be a Pollutant?

When I was a little kid — We all were once, think of that! — August was a nothing month. No school, no major holidays. Nobody went on vacation, and nobody had cars. We did have the beach, though, where I went with Mommy every day and where I did my first engineering projects involving wet sand and clam shells. She got her needed physical rest but had to stay alert lest I get too close to — or even in — the ocean, home to the clams whose 3-x-4-inch shells I used for building walls. Now I live about the same distance from the other ocean, and visit fairly often, but nothing goes into the water except certain breeds of dogs. And we go by car. There’s no community shower, no clamshells, few little kids, but there are trees to sit under and magnificent views of high civilization and nearby green-topped hills. Sustainable Bottle plastic waste

What lurks below

Across that ocean, the distance to Tokyo is over 5000 miles. All seems flat except for the waves. Down below, it’s big and bumpy but very little fun, especially for us air-breathers. PET water and soda bottles sink when they meet flowing water, and maybe never make it to the sea at all, despite the image of their polluting the fish we eat, and the need to believe that by 2050 there will be more plastic in the ocean than fish.

And what’s on top is everything that floats, which includes a lot of wood and single-use PE bags and some PP fishing line and netting. Sunlight will break their polymer chains into microplastic bits, which are indigestible and far too big to circulate in the blood of fish or us.

As for plastics polluting the ocean, since plastics are not toxic, there is no pollution, right? Wrong, as the popular and chemiphobic image of toxic plastics has swept the world. Not just among the activists but almost everyone, as it’s easier to believe plastics are bad than to follow the science-based and logical understanding of polymer chains and their energies. Sustainable Bottle plastic waste


GriffsNotes: Plastic Is Not Toxic, So How Can It Be a Pollutant?

Teknor Apex Partners with Cyclyx to Propel Plastic Recyclability Efforts

In an important stride toward enhancing plastic recyclability, Teknor Apex, a prominent polymer manufacturer based in the United States, has joined hands with the consortium-based plastic feedstock management company Cyclyx. This collaboration marks a significant step forward in the endeavor to elevate plastic recycling rates from the existing 10% to an ambitious 90%. Teknor Apex’s inclusion into the Cyclyx consortium holds the promise of synergistic advancements in sustainable practices within the polymer industry.

With its expansive repertoire encompassing vinyl, thermoplastic elastomers, nylon, and colorants, Teknor Apex contributes to a broad spectrum of industries. By becoming a part of the Cyclyx consortium, the company gains access to tailor-made takeback initiatives and cutting-edge innovations. Sustainable Bottle plastic waste

This includes the incorporation of circular feedstock specifications founded on plastic waste, meticulously curated to align with the company’s unique product trajectories. Such strategic integration paves the way for Teknor Apex, an establishment with nearly a century of legacy, to steer closer to its objective of diverting a substantial 75% of its waste away from conventional landfills.

Central to Cyclyx’s pioneering approach is its utilization of over 1500 post-use plastic chemical characterizations, which meticulously evaluate the chemical compositions of diverse sources of waste plastic. Employing the capabilities of artificial intelligence and extensive data analysis, these characterizations are systematically categorized into distinct mechanical and chemical recycling pathways. This comprehensive categorization ultimately facilitates the aggregation and preliminary processing of products in accordance with the exact requirements of the clientele.

The tangible outcomes of this meticulous process encompass an array of recycled materials, including polystyrene (PS), polymethyl methacrylate (PMMA), polyethylene terephthalate (PET), polypropylene (PP), and polyethylene (PE). Notably, Cyclyx’s operational protocols are certified by ISSC PLUS, attesting to their stringent compliance with sustainability benchmarks and the seamless traceability of materials throughout the supply chain. Sustainable Bottle plastic waste

Michael Roberts, the Chief Innovation Officer at Teknor Apex, emphasizes the pivotal role of tailored solutions in driving the success of their collaborative ventures. Roberts affirms that such customized approaches facilitate the scalability of projects that bear tangible environmental benefits. By aligning with Cyclyx, a network that shares Teknor Apex’s commitment to accelerating the adoption of circular solutions, the conglomerate underscores the significance of core attributes such as transparency, accessibility, consistency, and confidence, all of which are integral to their sustainability pursuits.

The roots of Cyclyx trace back to its inception in 2020, a brainchild jointly fostered by Agilyx, an innovative leader in chemical recycling, and ExxonMobil Chemical, which holds a 25% stake in the venture. This partnership has spawned an eclectic membership base, boasting industry giants like Sabic, LyondellBasell, Dow, Ineos, Chevron Phillips Chemical, Americas Styrenics (AmSty), and Braskem. The cumulative strength of these industry leaders amplifies the impact of Cyclyx’s initiatives, rendering them poised to revolutionize the landscape of plastic recycling. Sustainable Bottle plastic waste

In conclusion, Teknor Apex’s alliance with Cyclyx stands as a testament to the commitment of both entities toward a shared goal of catalyzing sustainable practices in plastic recycling. The amalgamation of Teknor Apex’s versatile product offerings with Cyclyx’s innovative recycling methodologies augurs well for the future of plastics recycling, inching closer to the ambitious target of achieving a 90% recyclability rate. This strategic partnership, fortified by a robust network of industry pioneers, is a harbinger of transformative change, promising a more ecologically balanced and responsible polymer industry.

Teknor Apex Partners with Cyclyx to Propel Plastic Recyclability Efforts

Suntory PepsiCo Beverage Thailand and Mineré, a subsidiary of Nestlé in Thailand, have emerged as trailblazers within the Thai beverage market by adopting a pioneering approach to sustainability

Both brands have taken the bold step of utilizing 100% recycled polyethylene terephthalate (rPET) for their plastic bottles, marking a significant leap towards a more eco-friendly packaging paradigm.

Driving this remarkable transition is Envicco, a dynamic collaboration between Thai petrochemical giant PTT Global Chemical and Austrian plastics packaging frontrunner Alpla. Envicco has spearheaded the creation of 100% recycled polyethylene terephthalate (rPET) within Thailand, setting the stage for a transformative shift in plastic bottle production. Their manufacturing facilities, bolstered by cutting-edge technology, have paved the way for a process that recaptures the value of used plastics, effectively breathing new life into discarded materials. Sustainable Bottle plastic waste

Notably, this initiative has not been without its hurdles. The use of recycled materials in food-related applications had been previously barred in Thailand due to the prevailing regulations governing plastic waste. However, in a landmark turn of events in June 2022, the Ministry of Public Health (MOPH) of Thailand reversed its stance. This pivotal decision paved the way for the utilization of rPET, provided it originates from a secondary recycling source that has been rigorously evaluated for both safety and efficacy. This reassessment hinges on ensuring that potential contaminants are meticulously diminished or eliminated.

Envicco’s pioneering efforts have been met with resounding success. The esteemed certification from Thailand’s national Food and Drug Administration, which designates their rPET as ‘food-grade,’ stands as a testament to their commitment to quality and safety. Notably, this approval was preceded by certification from the U.S. Food and Drug Administration, underlining the global significance of this achievement.

At the heart of this endeavor lies the groundbreaking Envicco recycling facility. Situated in the province of Rayong and inaugurated in September 2022, this facility has emerged as a monumental milestone in Asia’s recycling landscape. With an impressive annual production capacity of 30,000 tons of rPET alongside 15,000 tons of recycled HDPE (rHDPE), it stands as a testament to the potential of advanced recycling technology.

This mechanical recycling process meticulously aligns with the stringent criteria governing quality, safety, and efficiency, thus guaranteeing the production of impeccable food-grade PCR material. Sustainable Bottle plastic waste

Pepsi and Mineré, the mineral water brand under Nestlé Thailand’s umbrella, have admirably taken the lead as the first beverage brands within the Thai market to incorporate post-consumer recycled (PCR) material for their plastic bottles. This transformational step, realized through partnerships with Envicco, made its debut in April for Mineré and in July for Pepsi. Both product launches were accompanied by high-impact campaigns designed to drive collection and recycling efforts.

Mineré has strategically introduced specialized bins within the 7-Eleven supermarket chain, offering consumers a convenient means of depositing their used rPET bottles. On the other hand, Pepsi’s recycling bins have been strategically positioned in Siam Square, a bustling shopping and entertainment hub in Bangkok. By effectively integrating consumer engagement into their strategy, these brands have orchestrated an uptick in collection rates, simultaneously curbing waste and bolstering the supply of recyclable materials.

Bernd Wachter, the Alpla corporate director overseeing circular economy and recycling in Asia, aptly summarizes the essence of this transformative movement.

He emphasizes that fostering awareness about the inherent value of recyclable materials is pivotal to championing the concept of a circular economy. By forging a connection between consumers and the recycling process, the movement gains momentum, ultimately leading to increased collection rates, diminished waste, and a robust supply of materials primed for recycling. Sustainable Bottle plastic waste

In essence, the collaboration between Suntory PepsiCo Beverage Thailand, Mineré from Nestlé, and the trailblazing efforts of Envicco has heralded a new era of sustainable packaging within the Thai beverage industry. Their combined commitment to innovation, safety, and environmental consciousness has set a powerful precedent, inspiring not only their peers within the industry but also consumers at large to join hands in forging a more sustainable future.

Suntory PepsiCo Beverage Thailand and Mineré, a subsidiary of Nestlé in Thailand, have emerged as trailblazers within the Thai beverage market by adopting a pioneering approach to sustainability

The Plastics Industry Association (PLASTICS) has taken a significant step forward in its commitment to providing valuable insights and perspectives on the interplay between global economics and the plastics trade

In a recent release, PLASTICS unveiled a comprehensive analysis authored by its Chief Economist, Dr. Perc Pineda. The analysis delves into the profound implications of the International Monetary Fund’s (IMF) revision of the 2023 economic growth outlook on the worldwide plastics trade.

Dr. Perc Pineda’s assessment encapsulates the essence of this economic transformation. He articulates, “The IMF’s projections unveil a landscape of relative stability in the global economy during the span from 2023 to 2024, characterized by a discernible lateral movement. These prognostications, although offering prospects for growth within the plastics industry in the ongoing year of 2023, also usher in a tempered anticipation for the year 2024, accentuating potential concerns tethered to international trade dynamics.”

A confluence of multifaceted factors underpins this transformation in economic dynamics. The International Energy Agency (IEA), in a recent announcement, revealed its downward revision of the anticipated demand growth for oil in the upcoming year.

The rationale behind this downward adjustment is attributed to an amalgamation of factors, including lackluster macroeconomic conditions, a perceptible waning of post-pandemic recovery momentum, and the burgeoning prevalence of electric vehicles in the global automotive landscape. Sustainable Bottle plastic waste

PLASTICS stands as an emblematic organization singularly dedicated to supporting the entire expanse of the plastics supply chain. This comprehensive representation encompasses Equipment Suppliers, Material Suppliers, Processors, and Recyclers. Across this spectrum, PLASTICS advocates for the welfare of more than a million individuals who constitute the formidable workforce of the U.S. plastics industry. Notably, this industry commands a substantial economic magnitude, contributing an impressive USD 468 billion to the nation’s economic tapestry.

The profound significance of PLASTICS’ analysis lies in its potential to serve as a compass for stakeholders in the plastics trade. The nuanced evaluation of the IMF’s economic growth revisions invites contemplation on a global stage. Dr. Pineda’s assessment alludes to the intricate interdependence between economic trajectories and the plastics industry. As the global economy steadies itself on a trajectory of stability, the plastics trade is poised to harness growth opportunities during the ongoing year, 2023.

However, the narrative takes a subtle pivot when focusing on the year 2024.

Dr. Pineda’s analysis prompts a discerning eye toward the potential challenges and complexities that may surface. Sustainable Bottle plastic waste

The subdued economic outlook projected for 2024 casts a shadow of uncertainty, particularly in relation to international trade dynamics within the plastics industry. This prospect serves as an impetus for strategic reflection and preemptive measures to mitigate the potential impacts that may emanate from this economic juncture.

In summation, the Plastics Industry Association’s proactive dissemination of Dr. Perc Pineda’s analysis underscores the organization’s steadfast commitment to facilitating a profound understanding of the intricate connection between global economic dynamics and the plastics trade. The unveiling of the IMF’s economic growth revisions for the years 2023 and 2024 projects a tableau of stability with nuanced implications for the plastics industry. The year 2023 stands poised as a realm of growth possibilities, while 2024 beckons with a cautionary note, prompting stakeholders to embrace adaptability and strategic acumen. As PLASTICS advocates for the collective interests of the industry’s multifarious constituents, its analysis serves as a beacon guiding the trajectory of the plastics trade on a global scale. Sustainable Bottle plastic waste

The Plastics Industry Association (PLASTICS) has taken a significant step forward in its commitment to providing valuable insights and perspectives on the interplay between global economics and the plastics trade

Petrochemicals PET Bottles – Filament grade Bright chips domestic market 14-08-2023

Sustainable Bottle plastic waste

PET Bottles EV Cars – Rethinking Polymer Waste Biodegradation: An Innovative Perspective 14-08-2023

PET Bottles EV Cars

Petrochemicals PET Bottles – Filament grade Bright chips domestic market 


PET Bottles EV Cars

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Volkswagen, a pioneering force in the automotive industry, is taking another electrifying step forward by incorporating Hyundai’s cutting-edge batteries into their upcoming line of electric cars

This innovative collaboration stems from the partnership between Volkswagen and Hyundai Mobis, the Korean manufacturer’s division at the forefront of battery technology. The focus of this alliance centers on Hyundai Mobis’ Battery System Assembly (BSA), a technological marvel that encapsulates a battery pack, a state-of-the-art battery management system (BMS), and various complementary components, seamlessly engineered to ensure the utmost safety and efficiency in electric vehicles (EVs). PET Bottles EV Cars

This strategic decision carries significant implications, as it diverges from the norm of keeping all aspects of production in-house. Instead, Volkswagen is tapping into Hyundai Mobis’ expertise to equip their next generation of electric cars with this advanced BSA technology, redefining the narrative of competition between these two industry giants. What makes this choice even more intriguing is the backdrop of Volkswagen’s recent partial acquisition of the Chinese company Xpeng, a move that grants them access to a treasure trove of Asian technological prowess.

The heart of this collaboration lies in the integration of Hyundai Mobis’ BSA into the core platform of Volkswagen’s upcoming vehicles. This integration is not merely conceptual; it embodies a tangible commitment as Hyundai Mobis is setting up a new production base in the vicinity of Volkswagen’s forthcoming gigafactory in Spain. While exact specifics are shrouded in anticipation, this development heralds a new era of cross-industry collaboration, merging the strengths of two global powerhouses to propel the electric car evolution.

Venturing beyond their existing production lines in Korea and the Czech Republic, Hyundai Mobis is venturing into new horizons with production centers earmarked for the United States and Indonesia. This move speaks volumes about the global vision of Hyundai Mobis, positioning itself as a key player in the surge toward greener transportation solutions. The company’s comprehensive battery systems, aptly coined as xEVs, encompass a spectrum of green vehicles, spanning from hybrids to pure battery electric cars. This holistic approach underscores their commitment to catering to the diverse needs of the modern eco-conscious consumer. PET Bottles EV Cars

As Hyundai Mobis anticipates an influx of orders for electric vehicle components across the global market, it is clear that this collaboration is not just an isolated event, but a stepping stone towards a broader transformation of the automotive landscape. This ambitious venture aligns with the broader industry trend of seeking external collaborations to drive innovation and efficiency. Amidst this backdrop, Volkswagen’s choice to source vital EV components externally signals a strategic shift, potentially influenced by both financial opportunities and evolving market dynamics.

In conclusion, the Volkswagen-Hyundai Mobis partnership represents a seismic shift in the automotive world. The melding of German engineering prowess with Korean technological excellence embodies a new era of cooperation that transcends traditional boundaries. As the automotive landscape evolves at an electrifying pace, collaborations like these will likely become the norm, driving the industry toward a sustainable and interconnected future. PET Bottles EV Cars

PET Bottles EV Cars

Rethinking Polymer Waste Biodegradation: An Innovative Perspective

In the global pursuit of resolving the plastic waste crisis, scientific attention has increasingly turned toward leveraging biological mechanisms for sustainable solutions. Two distinct methodologies have emerged from these efforts. The first involves the utilization of microorganisms, fungi, and related organisms, colloquially termed “bugs,” to consume plastic waste. The second approach, less conventional but remarkably promising, centers on the application of biochemical agents, specifically enzymes produced by these “bugs,” to catalyze the breakdown of plastics.

Enzymes, as protein-based catalysts, facilitate targeted chemical reactions without undergoing consumption within the process. PET Bottles EV Cars

Recent strides made by researchers at the University of Texas at Austin (UT-Austin) exemplify the potential of the latter approach. Employing the principles of synthetic biology, these scientists have engineered an enzyme with the capability to disintegrate polyester materials into their constituent components. This enzymatic process ingeniously dismantles the ester bonds inherent in polyester, thereby enabling the retrieval of original chemical constituents for subsequent reincorporation into new polyester products.

In sharp contrast, the first approach – involving microbial degradation – has demonstrated less precise control over the degradation process, often yielding severely compromised end-products unfit for meaningful reuse. A prime example of this outcome is observed in compostable plastics, which transform into compost incapable of reverting to plastic. Enzymatic degradation, however, offers a higher degree of specificity, targeting particular chemical reactions while leaving others unaffected.

The UT-Austin researchers have effectively demonstrated this enzymatic loop by not merely hypothesizing its viability but substantiating it through a sequential process involving degradation of samples into monomers, followed by the reformulation of polyester plastic. Nonetheless, while this innovative breakthrough is noteworthy, its economic feasibility remains uncertain. While details are scant, the patent application may already be in progress, reflecting the complexity of translating scientific achievements into commercially viable technologies. PET Bottles EV Cars

Initial skepticism may arise regarding the potential economic practicality of this enzymatic approach. At first glance, it seems to introduce an additional layer of complexity into the standard recycling loop – production, sale, use, retrieval, and reprocessing – by introducing degradation and repolymerization stages. In essence, this poses the question: what is the value added by these supplementary steps? After all, commencing with PET and concluding with PET essentially maintains the status quo, prompting contemplation on the problems addressed or the benefits accrued.

However, further contemplation unveils a more nuanced perspective. The recycling stream frequently harbors post-consumer waste laden with contaminants stemming from inadequate separation of recyclables, combined with impurities like dirt and food residues. Recycling operators are tasked with managing this heterogeneous input, necessitating considerable expertise and resources. Yet, the enzymatic approach might hold the promise of ameliorating this challenge in the future.

The specificity of enzymatic reactions implies a potential to selectively target and degrade polyester amidst a mixture of contaminated plastics. In this scenario, the liquid monomers coalesce, accumulating at the base of the mixture. In an even more visionary scenario, a mix of plastics could potentially be subjected to multiple enzymes, each tailored to disintegrate a specific plastic type. The resultant process would yield monomers while leaving behind materials that should not have been part of the recycling stream, rendering the remaining waste truly non-recyclable. PET Bottles EV Cars

Undoubtedly, this speculation requires caution, and it is contingent upon economic viability. The idea of addressing diverse plastics through tailored enzymatic breakdown holds potential for polyester, marking an encouraging beginning. Ultimately, the crux of the matter remains rooted in economic considerations, necessitating a patient wait-and-see approach. The prospects are alluring, yet the bridge between scientific innovation and scalable commercial implementation demands meticulous planning, research, and evaluation.

In the perpetual quest to manage polymer waste sustainably, the enzyme-driven depolymerization pathway brings to light a novel dimension. While skepticism regarding its economic viability is reasonable, the potential to revolutionize the treatment of contaminated plastic waste is undeniable. This enzyme-mediated disassembly aligns with the specificity required to address a heterogeneous plastic waste stream. Nevertheless, a comprehensive assessment encompassing economic, environmental, and technical aspects will ultimately determine whether this innovative approach realizes its promise and reshapes the landscape of polymer waste management.

PET Bottles EV Cars

The Organization of the Petroleum Exporting Countries (OPEC) has provided insights into the expected expansion of Non-OPEC oil supply in the year 2023

In its Monthly Oil Market Report for August, OPEC reveals that Non-OPEC oil supply is anticipated to witness a growth of 1.5 million barrels per day (mb/d) during the upcoming year. This prediction marks a slight adjustment from the previously assessed figure of 1.4 mb/d. The report, recently obtained by the News Agency of Nigeria (NAN), sheds light on various aspects of the global oil landscape.

Non-OPEC oil producers encompass a range of countries that are engaged in crude oil production but are not part of the OPEC group, including notable entities like the United States, Canada, and China. These nations, alongside shale oil producers, contribute significantly to the global oil supply. Among these, the U.S. stands as the foremost oil producer, followed by Canada and China. The projected expansion of Non-OPEC oil supply in 2023 is attributed to several factors, with the primary contributors expected to be the United States, Brazil, Norway, Kazakhstan, Guyana, and China.

In contrast, the report predicts the most substantial decline in oil supply to come from Russia. PET Bottles EV Cars

Despite these forecasts, the report also acknowledges the presence of uncertainties. It points to potential fluctuations in U.S. shale oil output and unplanned maintenance activities in the year 2023. These factors could introduce variations in the actual oil supply growth as compared to the projections. Looking ahead to 2024, the report maintains a forecast of 1.4 mb/d for non-OPEC oil production growth, consistent with the previous assessment.

The drivers for oil supply growth in 2024 are expected to mirror those of 2023, with the United States, Canada, Guyana, Brazil, Norway, and Kazakhstan leading the way due to existing project ramp-ups. In contrast, Mexico and Azerbaijan are anticipated to experience the most significant declines in oil supply during that period. Additionally, the report highlights the growth trajectory of OPEC Natural Gas Liquids (NGLs) and non-conventional liquids, which are projected to reach an average of 5.4 mb/d in 2023 and 5.5 mb/d in 2024.

A retrospective glance at July reveals that OPEC-13 crude oil production underwent a decline of 836 tb/d on a month-on-month basis, averaging at 27.31 mb/d. These figures are drawn from available secondary sources. Moving on to global oil demand, the report underlines a projection of 2.4 mb/d growth in 2023, aligning with the assessment made in July. However, the report specifies that upward revisions to the first quarter of 2023, driven by actual data from the Organisation for Economic Cooperation and Development (OECD) America and OECD Europe, were offset by downward revisions to the second quarter of 2023, primarily centered in Europe and Other Asia.

Delving into regional dynamics, the report highlights that within the OECD region, oil demand is poised to rise by 74 tb/d, reaching an average of 46.0 mb/d.

Simultaneously, in the non-OECD region, total oil demand is projected to grow by nearly 2.4 mb/d, averaging 56.0 mb/d. Looking ahead to 2024, the report maintains a positive outlook with a projected global oil demand growth of 2.2 mb/d, in line with previous forecasts. PET Bottles EV Cars

Geographically, the OECD region is expected to experience a growth of around 0.3 mb/d, with the largest contribution coming from OECD Americas. The non-OECD region is predicted to be the major driver of growth, expanding by approximately 2.0 mb/d. Within this context, China, the Middle East, and Other Asia are set to be significant contributors, with additional support from India, Latin America, and Africa.

In conclusion, the OPEC Monthly Oil Market Report for August presents a comprehensive overview of the projected developments in the Non-OPEC oil supply sector for 2023 and beyond. The report underscores the complexities of the oil market, as well as the influential factors that can shape supply and demand dynamics.

While certain uncertainties remain, these projections serve as a valuable guide for industry stakeholders and analysts navigating the intricate landscape of global oil production and consumption. PET Bottles EV Cars


The Organization of the Petroleum Exporting Countries (OPEC) has provided insights into the expected expansion of Non-OPEC oil supply in the year 2023

Revolutionizing Car Recycling through Big Data: A Path to Sustainability

In an era dominated by the urgency of climate change, the imperative for sustainable practices across industries is undeniable. Within this context, the automobile sector has come under intense scrutiny for its ecological footprint. However, a ray of hope shines through as big data technology emerges as a transformative force in enhancing car recycling processes, ushering in a more sustainable future.

The concept of big data, denoting the vast and incessant flow of information, has triggered profound shifts across various domains, and the sphere of auto recycling is no exception. Its integration in this sector is fostering operational efficiency, waste reduction, and informed decision-making, thus orchestrating a paradigm shift in the recycling landscape.

The intricate process of car recycling encompasses several stages, spanning from initial disassembly to the ultimate disposal of residual materials. Each stage produces a trove of data, which, when subjected to thorough analysis, can unveil insights into process efficiency. PET Bottles EV Cars

Harnessing the might of big data empowers auto recyclers to identify operational bottlenecks, target areas for enhancement, and instigate changes that amplify efficiency while mitigating environmental repercussions.

Predominantly, big data’s prowess materializes through predictive analytics. By mining historical data, recyclers can prognosticate forthcoming trends and patterns. For instance, dissecting data pertaining to the types of vehicles entering the recycling stream enables forecasted demand for specific parts. This acumen informs purchasing decisions, thwarting overstocking and subsequently curbing waste accumulation.

Furthermore, big data serves as a catalyst for optimizing inventory management. Real-time tracking and analysis of available parts vis-à-vis their turnover rate empowers recyclers to ensure the right parts are accessible at the right junctures. This dual-benefit approach not only amplifies customer satisfaction but also economizes storage space, thereby augmenting overall efficiency. PET Bottles EV Cars

Waste management emerges as another domain revolutionized by big data’s influence. Scrutinizing data encompassing waste categories and volumes spawned during recycling operations unearths avenues for waste reduction and heightened environmental performance. Unveiling patterns, it may become evident that specific processes yield redundant waste, which can then be restructured or replaced with greener alternatives.

Embracing big data bolsters compliance with stringent environmental regulations. Thorough tracking and analysis of emissions and waste disposal data ensure alignment with legal mandates, sparing recyclers from exorbitant penalties while contributing to a cleaner ecosystem.

Beyond operational enhancements, big data’s insights ripple into marketing strategies. A deep understanding of customer preferences and behaviors empowers recyclers to tailor their offerings and communication tactics, effectively aligning with customer needs.

In summation, the multifaceted impact of big data on refining car recycling processes reverberates profoundly. From ameliorating operational effectiveness to ensuring regulatory adherence, its potential merits are monumental. As the auto recycling landscape evolves, big data’s role is poised to grow even more indispensable. Employed judiciously, it has the potential to steer the industry towards a future characterized by both sustainability and profitability. PET Bottles EV Cars

Revolutionizing Car Recycling through Big Data: A Path to Sustainability

Vibrant Colors Take Center Stage in Upmarket Automotive Interiors, as Alcantara Unveils Innovative Concepts

For decades, the automotive industry’s preference for upmarket car interiors has predominantly revolved around the classic hues of black, grey, and anthracite. However, a striking shift is now reshaping this longstanding trend, as vibrant and bold colors emerge as the new vogue. This transformation was prominently highlighted at a summer festival held in July, where Alcantara, a prominent player in luxury automotive upholstery, unveiled a groundbreaking “screaming orange” concept car seat. This innovative creation emerged from a collaborative effort with Alpina, a renowned components manufacturer headquartered in Buchloe, Germany.

Andrea Boragno, the Chairman and CEO of Alcantara, emphasized the brand’s proactive engagement with the automotive industry to discern nascent trends from their inception. Previously, vibrant colors were relegated to bespoke domains or limited edition models. However, a seismic shift is underway, propelling these vivid shades into the limelight of mainstream design. The summer festival, which also marked the commencement of the 2023 German Car of the Year (GCOTY) award program, served as the perfect platform to showcase this transformative shift. Boragno underscored how an array of fresh patterns is surfacing, complemented by meticulously laser-cut embellishments that breathe new life into interior aesthetics. PET Bottles EV Cars

Among the contenders for the prestigious German Car of the Year title are several car models featuring Alcantara interiors. Notable mentions include the BMW Alpina B5 GT, Alpina’s B4, the Opel Astra GSe, and Peugeot’s E-2008. Boragno expressed immense pride in Alcantara’s capacity to deliver exclusive bespoke solutions, enriched by their adaptable material’s expansive potential for customization. He highlighted the culmination of this collaboration, presenting a final product that boasts an infinite spectrum of colors, textures, and finishes—a tangible testament to the synergistic partnership between Alcantara’s design team and its counterparts within the automotive industry. Boragno stressed that these exclusive and unparalleled custom creations can effortlessly meet the demands of even the most intricate projects.

In alignment with its pioneering stance as a carbon-neutral manufacturer since 2009, Alcantara has also introduced an innovative milestone in its material offerings. A special variant composed of 68% certified post-consumer recycled polyester has made its debut in Germany. This advancement has received certification from the Recycled Claim Standard (RCS), a benchmark established by Textile Exchange. With an eye on the future, Alcantara aims to incrementally augment the proportion of recycled polyester content in the years to come, underscoring their commitment to sustainability and environmental stewardship.

This pursuit of sustainability extends to Alcantara’s carbon neutrality certification, which is rooted in the practice of offsetting greenhouse gas emissions through verified and certified offsetting projects. This enduring dedication to minimizing its carbon footprint is an integral aspect of Alcantara’s corporate ethos, underscoring the brand’s alignment with environmentally conscious practices. PET Bottles EV Cars

In conclusion, the world of luxury automotive interiors is undergoing a vivid transformation, as bold and vibrant colors rise to prominence. Alcantara’s recent collaboration with Alpina has resulted in the unveiling of a “screaming orange” concept car seat, heralding the onset of this transformation. From the perspective of both design and sustainability, Alcantara is at the forefront, championing innovative materials and practices. As the automotive industry evolves, Alcantara continues to set new standards, ensuring that the interiors of tomorrow’s cars are as strikingly unique as they are environmentally responsible.

Vibrant Colors Take Center Stage in Upmarket Automotive Interiors, as Alcantara Unveils Innovative Concepts

Enhancing Electric Vehicle Sustainability through Circular Economy Principles

The quest for sustainable transportation has prompted a comparison between internal combustion engine vehicles (ICE) and electric vehicles (EV), revealing that both possess intricate supply chains that cast considerable environmental footprints. Within this context, experts have been advocating for the integration of circular economy principles, which revolve around the concepts of reduction, reuse, and recycling of materials. This strategic approach is perceived as pivotal to augmenting the sustainability of EVs and steering them toward becoming a cornerstone solution for climate change mitigation.

While the automotive industry is a notable contributor to global carbon emissions, accounting for approximately 10% of the total, the imperative shift from ICE to EVs has emerged as a pivotal step in addressing this environmental challenge. Nevertheless, it is crucial to acknowledge that both ICE and EVs have substantial environmental ramifications, intricately woven into their supply chains and production processes. In this light, the principles of a circular economy, which envisions a closed-loop supply chain that operates on renewable energy and emphasizes waste minimization, have garnered significant attention as a linchpin to curbing the adverse climate impacts associated with the automotive sector. PET Bottles EV Cars

In the pursuit of a low-carbon mobility ecosystem and the avoidance of catastrophic global warming scenarios, the adoption of circular economy tenets in EV manufacturing becomes paramount. Shifting the focus from the vehicles themselves to their production processes is an essential facet of this transition. A concerted effort to mitigate embedded emissions within EV supply chains, along with a comprehensive strategy to address the carbon footprint associated with the sourcing and fabrication of diverse car components, serves as the cornerstone of the circular approach.

However, circularity’s influence extends beyond the realms of recycling and material loops. The automotive industry’s conventional paradigm, characterized by its heavy reliance on resource-intensive practices, warrants a broader reevaluation. As experts contend, it is imperative to reexamine prevailing vehicle dimensions, foster public transportation systems, encourage vehicle sharing models, and ultimately reduce society’s dependence on private automobiles. By recalibrating societal norms and aspirations, this holistic approach not only curbs material demand but also curtails the overarching environmental repercussions of automotive culture. PET Bottles EV Cars

Presently, the circularity metrics for both ICE sedans and battery EV sedans remain suboptimal, underscoring the pressing need for industry-wide improvements. The augmentation of circular economy practices necessitates a multifaceted strategy that encompasses prolonging the operational lifespan of vehicles, recuperating EV batteries for reuse in secondary applications, and amplifying the recycling rates of end-of-life vehicles. The recycling process itself, although a key aspect of circularity, is not without its challenges. Downcycling, a recycling technique that entails the reuse of materials but at a diminished quality level, presents a substantial hurdle in this trajectory.

Moreover, the global transition to vehicle electrification is characterized by a significant imbalance, disproportionately impacting economically disadvantaged nations with emissions, pollution, and recycling quandaries. Addressing this equity concern is integral to the broader pursuit of sustainable mobility on a global scale.

In sum, the integration of circular economy principles constitutes a linchpin in elevating the sustainability of electric vehicles and ameliorating the environmental toll of the automotive industry. PET Bottles EV Cars

This transformation necessitates comprehensive changes spanning the entire supply chain spectrum – from the initial procurement of raw materials to the intricacies of production processes and, ultimately, the management of end-of-life vehicles. A systemic approach that not only advocates for circularity but also prioritizes public transportation and endeavors to reduce the stranglehold of automobiles on modern society is paramount in achieving substantial emissions reductions and effectively addressing the multifaceted environmental challenges that persist. By adhering to these principles, the automotive industry can genuinely pave the way for a greener and more sustainable future.

Enhancing Electric Vehicle Sustainability through Circular Economy Principles

PE film recycling r-PET – Will hydrogen cars be important competitors to electric cars? 12-08-2023

PET Bottles EV Cars

Petrochemicals PET Bottles – Filament grade Bright chips domestic market 14-08-2023

Petrochemicals PET Bottles

BottlesPetrochemicals PET Bottles

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – My66 – PP
  • Feedstocks : PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber  

Petrochemicals PET Bottles

ITEM 07/08/2023 14/08/2023 +/-
Bottle grade PET chips domestic market 7,050 yuan/ton 7,050 yuan/ton
Bottle grade PET chips export market 905 $/ton 895 $/ton -10
Filament grade Semidull chips domestic market 6,800 yuan/ton 6,820 yuan/ton +20
Filament grade Bright chips domestic market 6,830 yuan/ton 6,860 yuan/ton +30
Pure Terephthalic Acid PTA domestic market 5,810 yuan/ton 5,845 yuan/ton +35
Pure Terephthalic Acid PTA export market 800 $/ton 790 $/ton -10
Monoethyleneglycol MEG domestic market 3,995 yuan/ton 3,940 yuan/ton -55
Monoethyleneglycol MEG export market 467 $/ton 462 $/ton -5
Paraxylene PX FOB  Taiwan market

Petrochemicals PET Bottles

1,055 $/ton 1,077 $/ton
Paraxylene PX FOB  Korea market 1,032 $/ton 1,054 $/ton +22
Paraxylene PX FOB EU market 1,200 $/ton 1,180 $/ton -20
Polyester filament POY 150D/48F domestic market 7,670 yuan/ton 7,680 yuan/ton
Recycled Polyester filament POY  domestic market 7,350 yuan/ton 7,350 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,225 yuan/ton 9,200 yuan/ton -25
Polyester filament FDY 68D24F

Petrochemicals PET Bottles

8,800 yuan/ton 8,800 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,350 yuan/ton 8,300 yuan/ton -50
Polyester staple fiber 1.4D 38mm domestic market 7,350 yuan/ton 7,450 yuan/ton +100
Caprolactam CPL domestic market 13,150 yuan/ton 12,850 yuan/ton
Caprolactam CPL overseas  market 1,550 $/ton 1,500 $/ton -50
Nylon 6 chips overseas  market 1,740 $/ton 1,750 $/ton +10
Nylon 6 chips conventional spinning domestic  market 13,700 yuan/ton 13,500 yuan/ton -200
Nylon 6 chips  high speed spinning domestic  market

Petrochemicals PET Bottles

14,500 yuan/ton 14,450 yuan/ton -50
Nylon 6.6 chips domestic  market 18,000 yuan/ton 18,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,600 yuan/ton 16,600 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 18,800 yuan/ton 18,800 yuan/ton-
Nylon6 Filament FDY  70D/24F  17,500 yuan/ton 17,600 yuan/ton +100
Spandex 20D  domestic  market

PPetrochemicals PET Bottles

36,500 yuan/ton 36,500 yuan/ton
Spandex 30D  domestic  market 35,000 yuan/ton 35,000 yuan/ton
Spandex 40D  domestic  market  31,500 yuan/ton 31,500 yuan/ton
Adipic Acid domestic market 9,800 yuan/ton 9,800 yuan/ton
Benzene domestic market

Petrochemicals PET Bottles

7,750 yuan/ton 7,650 yuan/ton -100
Benzene overseas  market 905 $/ton 903 $/ton -2
Ethylene South East market 810 $/ton 810 $/ton
Ethylene NWE market 620 $/ton 624 $/ton +4
Acrylonitrile ACN  domestic market

Petrochemicals PET Bottles

8,400 yuan/ton 8,300 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 13,600 yuan/ton 13,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,500 yuan/ton 12,800 yuan/ton +300
PP Powder domestic market

Petrochemicals PET Bottles

7,200 yuan/ton 7,175 yuan/ton -25
Naphtha overseas market  653 $/ton 665 $/ton +12
Phenol domestic market 8,100 yuan/ton 8,212 yuan/ton +112


r-PET high end eco-friendly chips =7,750 yuan/ton 7,700 yuan/ton   -50

Petrochemicals PET Bottles

Revolutionary chemical recycling process adds big value to ‘junk’ plastic waste

Although many Americans dutifully deposit their plastic trash into the appropriate bins each week, much of that material, including flexible films, multilayer materials and a lot of colored plastics are not recyclable using conventional mechanical recycling methods. In the end, only about 9% of plastic in the U.S. is ever reused. Equally discouraging, the products made from recycled plastic typically are low-value, meaning the high costs of recycling don’t necessarily yield great returns.

With a new technique, however, University of Wisconsin-Madison chemical engineers can turn waste plastic into high-value chemicals. The method relies on two chemical processes—pyrolysis and hydroformylation—which ultimately increase the economic incentives for plastic recycling and open the door to recycling new types of plastic.

The team estimates its methods could reduce greenhouse gas emissions from the conventional production of these industrial chemicals by roughly 60 percent.

The researchers, led by George W. Huber, a professor of chemical and biological engineering at UW-Madison and director of the Department of Energy-funded Center for the Chemical Upcycling of Waste Plastics, postdoctoral researcher Dr. Houqian Li and PhD student Jiayang Wu, described their methods in the August 11, 2023 issue of the journal Science.

The world is swimming in plastic waste—in some cases literally—with few options for recycling much of that material. One emerging method is pyrolysis, in which plastics are heated to high temperatures in an oxygen-free environment. The result is pyrolysis oil, a liquid mix of various compounds. Pyrolysis oil contains large amounts of olefins—a class of simple hydrocarbons that are the central building blocks of today’s chemicals and polymers, including various types of polyesters, surfactants, alcohols and carboxylic acids.

In current energy-intensive processes like steam cracking, chemical manufacturers produce olefins by subjecting petroleum to extreme high heat and pressure. In their new process, the UW-Madison team recovers olefins in the pyrolysis oil and then uses them in a much less energy-intensive chemical process called homogenous hydroformylation catalysis. The process converts olefins into aldehydes, which can then be further reduced into important industrial alcohols.

“These products can be used to make a wide range of materials that are higher-value,” says Huber. “You can make surfactants from them that are used to make soaps and cleaners. You could make other polymers from them that are of higher value than the original polyolefins. So, we’re really excited about the implications of this technology. It’s a platform technology to upgrade plastic waste using hydroformylation chemistry.”

The recycling industry could adopt the process soon; in recent years, at least 10 large chemical companies have built or announced plans for facilities to produce pyrolysis oils from waste plastics. Many of them run the pyrolysis oil through steam crackers to produce low-value compounds. The new chemical recycling technique could provide a more sustainable and lucrative way to use those oils. “Currently, these companies don’t have a really good approach to upgrade the pyrolysis oil,” says Li. “In this case, we can get high-value alcohols worth $1,200 to $6,000 per ton from waste plastics, which are only worth about $100 per ton. In addition, this process uses existing technology and techniques. It’s relatively easy to scale up.”


Revolutionary chemical recycling process adds big value to ‘junk’ plastic waste

PE film recycling r-PET – Will hydrogen cars be important competitors to electric cars? 12-08-2023

PE film recycling r-PET

Indorama Ventures Elevates PET Recycling Capacity in Brazil to 25,000 Tons/Year

Indorama Ventures, a prominent petrochemical heavyweight headquartered in Bangkok, Thailand, has recently concluded a remarkable expansion endeavor at its polyethylene terephthalate (PET) recycling facility in Brazil. This transformational undertaking has catapulted its recycling capacity nearly threefold, soaring from an initial 9,000 tons per annum to an impressive 25,000 tons per annum. The facility, strategically located in Juiz de Fora within the Minas Gerais state, will now be responsible for generating 25,000 tons annually of polyethylene terephthalate (PET) crafted from post-consumer recycled materials. This substantial enhancement resonates powerfully in light of PET’s standing as one of the most extensively recycled plastics globally. Its ascendancy is attributed to its inherent qualities of recyclability, adaptability, safety, and lightweight attributes, all of which significantly contribute to sustainable growth. PE film recycling r-PET

The visionary transformation executed by Indorama Ventures materialized through an investment of $20 million, aimed at refining the recycling facility’s operations. Nestled in the southeastern Brazilian state of Minas Gerais, the facility’s optimizations encompassed procedural streamlining and the integration of state-of-the-art washing machines. These advanced machines play a pivotal role in the removal of labels, the comminution of bottles submerged in water, and a remarkable 70% reduction in water consumption.

This impressive investment endeavor received vital backing in the form of a Blue Loan from the International Finance Corporation (IFC), a crucial entity within the World Bank framework. This financial infusion is a facet of a broader blue finance initiative initiated in November 2020, wherein Indorama Ventures secured $300 million in funding. This strategic initiative revolves around amplifying recycling capacities while diverting plastic waste from landfills and oceans. The focus regions include Thailand, Indonesia, the Philippines, India, and Brazil—nations grappling with the complex challenges of mismanaged waste and the dire menace of plastic pollution plaguing marine ecosystems.

Expressing his satisfaction, DK Agarwal, Deputy Group CEO of Indorama Ventures, noted, “It is extremely gratifying to leverage the IFC’s generous funding to invest in important projects that build on Indorama Ventures’ industry leadership in sustainability.”

He further acknowledged the IFC’s pivotal role in reinforcing Brazil’s prominence as a sustainability leader and commended the institution’s recognition of the company’s recycling endeavors. PE film recycling r-PET

Indorama Ventures has successfully harnessed a cumulative sum of $2.4 billion in long-term sustainable financing between the years 2018 and 2022 from diverse financial institutions. This substantial funding has been instrumental in propelling a range of sustainability-driven initiatives. One pivotal commitment is the allocation of $1.5 billion to realize an ambitious objective: augmenting the recycling capacity to a remarkable 50 billion PET bottles per year by 2025. This monumental stride will supersede the present annual benchmark of 30 billion bottles, equating to a staggering 495,000 tons. The trajectory continues as the company plans to channel another billion towards elevating this target to an astounding 100 billion by the year 2030.

Indorama Ventures entered the arena of PET recycling in 2011, a move that sparked a transformational journey. This innovative endeavor pivots on the conversion of post-consumer PET bottles into an array of end products, including flakes, rPET resins, and recycled polyester yarns. PE film recycling r-PET

The company’s footprint extends across multiple countries, with recycling facilities operational in key regions such as Mexico, the United States, Brazil, Ireland, France, the Netherlands, Poland, Thailand, and the Philippines.

In sum, Indorama Ventures’ momentous expansion of its PET recycling facility in Brazil serves as a beacon of sustainability within the global petrochemical landscape. This initiative not only significantly amplifies the company’s recycling capacity but also underscores its unwavering commitment to driving transformative change in the fight against plastic waste and environmental degradation.

PE film recycling r-PET

Air Liquide and LOTTE Chemical Deepen Hydrogen Collaboration in South Korea

Air Liquide and LOTTE Chemical are solidifying their collaboration in the hydrogen sector by expanding their presence in various hydrogen-related markets, including ammonia decomposition, liquefied hydrogen, and hydrogen shipping, in the city of Yeosu, South Korea.

Through the formalization of a Memorandum of Understanding (MoU), the two companies are poised to explore the utilization of clean ammonia imports from overseas as a source for hydrogen production, catering to both power generation and mobility applications. This strategic alliance aims to capitalize on the growing interest in clean energy and hydrogen-based technologies. PE film recycling r-PET

An integral part of this enhanced partnership is the expansion of the joint venture between LOTTE and Air Liquide, known as LOTTE-Air Liquide Ener’Hy, which was established in December 2022. This joint venture initially concentrated on gaseous hydrogen, but will now broaden its focus to encompass both liquefied hydrogen and gaseous hydrogen, further strengthening its position in the evolving hydrogen market.

One of the initial projects under this extended collaboration involves the development of a cutting-edge hydrogen shipping center. This center will utilize by-product hydrogen derived from the operations at LOTTE Chemical’s Daesan plant, demonstrating a sustainable approach to hydrogen supply chain management. The launch of this project is scheduled for the latter half of 2024, showcasing the commitment of both companies to timely and impactful innovation.

Hwang Jin Koo, the CEO of LOTTE Chemical’s Hydrogen Business, emphasized that this expanded cooperation is not only aligned with the global shift towards clean energy, but also plays a pivotal role in promoting the hydrogen and ammonia economy. By fostering such collaboration, both companies aim to contribute significantly to carbon neutrality efforts, simultaneously advancing their own strategic goals.

Hwang Jin Koo further elaborated on LOTTE Chemical’s dedication to the hydrogen ecosystem. He highlighted the company’s strengths in production, distribution, utilization, and technology development, which will be leveraged to ensure the successful establishment of hydrogen-related initiatives. Moreover, the collaboration will strengthen the global network of both Air Liquide and LOTTE Chemical, positioning them as prominent players in the global hydrogen market. PE film recycling r-PET

LOTTE Chemical’s strategic vision extends beyond national borders, as it seeks to stimulate the implementation of clean hydrogen and ammonia on an international scale. The company plans to achieve this by fostering investments and partnerships that align with their commitment to clean energy. This proactive approach demonstrates LOTTE Chemical’s anticipation of increased global demand for sustainable energy solutions.

In a recent development earlier this month, plans emerged for the establishment of a 30MW green hydrogen production facility in Jocheon-eup, located in Jeju City, South Korea. This announcement came shortly after the provincial government received recognition from the Ministry of Trade, Industry, and Energy to lead in technological advancements and pilot projects for clean hydrogen production.

As the world shifts towards greener energy alternatives, partnerships such as the one between Air Liquide and LOTTE Chemical hold immense significance. By collaborating to expand their presence in the hydrogen sector, both companies are actively contributing to a sustainable energy future while fostering economic growth and technological innovation in South Korea and beyond. PE film recycling r-PET

PE film recycling r-PET

New partnership for recycling PE film

Fastenal and Trex have entered into a scrap supply agreement which is expected to divert an estimated 600,000 pounds of plastic from landfills in the first year of operations.

Fastenal, a U.S.-based industry supplier, and wood-alternative decking company Trex have announced a partnership that will see Trex repurposing Fastenal’s discarded polyethylene (PE) stretch film. PE film, widely used in logistics, stabilises products on pallets to make them safe for transport. It also serves as a protection against external influences such as dust, dirt, or moisture, and helps prevents theft of the goods.

Through the partnership, Fastenal is collecting used PE film in its distribution centres, branches, and customer-specific onsite locations and shipping it to Trex to use the material in the manufacture of composite decking products.

The entire portfolio of Trex’s composite decking is made from 95% recycled and reclaimed materials, including a mix of PE film, known as pallet wrap in the distribution industry, and industrial wood scrap. PE film recycling r-PET

“Pallet wrap is vital to our daily operations, but once the product is unwrapped, we have no use for it,” said Dave Olson, director of EHS & Sustainability for Fastenal. “Working with Trex to turn all that potential waste into sustainable outdoor building products is a win for both organisations.”

As Fastenal receives high volumes of pallet wrap as part of inbound shipments from its suppliers, it expects to divert an estimated 600,000 pounds of plastic from landfills in the first year of the programme alone. The company said it invested more than $300,000 in equipment and infrastructure in its United States distribution centres to bale and consolidate used PE film that it then ships to Trex for recycling.

The global pallet wrap market is estimated at $6.14 billion in 2023 and is expected to grow 4% every year to $9.12 billion in 2033, analysis by Future Market Insights indicates. In North America, the market grew by of an average of 3.1% every year from 2018 to 2022. The PE film is used in huge volumes by logistics companies, among others, and more often than not ends up in landfill. PE film recycling r-PET


PE film recycling r-PET

Dutch Scientists Challenge Prevailing Assumption: Over 60% of Ocean Plastic Resides on Surface

In a groundbreaking revelation, researchers from the University of Utrecht in the Netherlands have upended existing perceptions regarding the distribution of plastic in the world’s oceans. Contrary to the long-held belief that a mere 1% of plastic debris floats on the ocean’s surface, these scientists have unveiled a new numerical model that paints a starkly different picture of plastic distribution. Their findings, detailed in a report by Sustainableplastics, underscore the urgent need for a comprehensive reevaluation of our understanding of marine plastic pollution.

The conventional assumption, propagated through multiple estimations, had perpetuated the notion that the majority of plastic waste entering the oceans sank to the depths, while only a minute fraction remained afloat. However, the University of Utrecht researchers, armed with their innovative 3D global marine mass budget model, embarked on a mission to uncover the hidden truths beneath the surface of this issue. Their research, shared through a publication titled “Global mass of buoyant marine plastics dominated by large long-lived debris” in the esteemed journal Nature Geoscience, has brought new clarity to this persistent environmental problem. PE film recycling r-PET

Spanning the time frame from 1980 to 2020, the researchers’ numerical model cast a wide net, capturing data on plastic in various oceanic locations: surface waters, coastal beaches, and the ocean’s depths. What sets their model apart from predecessors is the meticulous inclusion of a diverse array of variables. These encompassed the intricate interplay between plastic’s movement, including its shoreline deposition, fragmentation into smaller particles, and colonization by algae, which renders it denser and causes it to eventually sink to the ocean floor. This comprehensive approach incorporated a record number of measurements and observations, elevating the credibility of their findings.

In an astonishing departure from established beliefs, the researchers found that an overwhelming proportion of plastic mass hovers near the ocean’s surface, accounting for an astonishing 59% to 62% of the total. This starkly contradicts the previous assumption that only a negligible fraction of plastic debris resided on the surface. This revelation lends substantial support to the emerging notion of a “missing sink” of marine plastic pollution, long suspected but now quantified with a degree of certainty.

The most astounding revelation, however, pertains to the sheer volume of buoyant marine plastic litter. While prior estimations had consigned this figure to a much lower range, the University of Utrecht’s research unveiled a staggering reality: the actual quantity lies within the range of 3,000 to 3,400 kilotons.

Such an extensive magnitude underscores the gravity of the issue and underscores the inadequacy of earlier assessments. PE film recycling r-PET

Moreover, the study dismantles preconceived notions about the composition of this plastic mass. Contrary to assumptions that plastic waste predominantly consists of fragmented particles, the researchers found that large plastic items constitute the lion’s share of this debris, constituting a staggering 90% to 98% of the total buoyant plastic mass. This observation shatters the common misperception that microplastics are the primary agents of marine pollution, directing the spotlight onto larger plastic items that remain in plain sight.

In the broader context of global plastic consumption and waste management, this paradigm-shifting research reverberates with implications. Industries, policymakers, and environmentalists must collectively confront the extensive presence of buoyant plastic waste on the ocean’s surface, necessitating novel strategies for both mitigation and cleanup. The study’s innovative methodology and meticulous data compilation set a new standard for accurate plastic pollution estimation, guiding us towards a more profound understanding of this pressing issue. PE film recycling r-PET

As the world grapples with escalating concerns about plastic pollution’s far-reaching consequences, endeavors like the joint initiative between ALPLA and PTT Global Chemical (GC) assume even greater significance. The introduction of Thailand’s inaugural food-grade recycled PET (rPET) to the market signals a pivotal step towards sustainable plastic usage. These efforts underscore the urgency of reimagining our relationship with plastic, with initiatives embracing both recycling and reduction in consumption forming crucial components of the collective fight against the ocean’s plastic plague.

Dutch Scientists Challenge Prevailing Assumption: Over 60% of Ocean Plastic Resides on Surface

BMW’s Battery Strategy: Pioneering Battery Tech, Lithium Iron Phosphate, and the Future of Solid-State Batteries

BMW places paramount importance on advancing battery technology, evident through its battery technology roadmap. A focal point in this journey is the integration of lithium iron phosphate and the pursuit of solid-state batteries.

The cornerstone of BMW’s approach lies in the meticulous study of battery fundamentals, with the critical question being the optimal timing for widespread production. Emblematic of this vision is BMW’s ambitious plan to manufacture a minimum of 10 million electric vehicles over the next decade. By 2030, each vehicle will slash its carbon emissions by half during operation and curtail its carbon footprint by 40% over its entire lifecycle. Notably, the target for secondary materials usage has been elevated to 50%.

At the heart of this strategy lies the battery cell, a linchpin for BMW’s future success. Crucial metrics for evaluating battery performance encompass lifespan, charging speed, driving power, and cost-efficiency. Astonishingly, the battery pack constitutes 40% of the vehicle cost, composed of 80% for the battery cell and 20% for module and system expenses. Within the cell cost, the material expense accounts for 80%, while manufacturing costs comprise the remaining 20%.

BMW’s comprehensive battery research spans the spectrum from basic principles to module-level applications. Encompassing rudimentary working principles, materials exploration, electrode/component development, and battery cell enhancement, this research envisions long-term prowess. PE film recycling r-PET

BMW’s journey into battery technology commenced in 2008, when lithium batteries were first investigated for the i3 and i8 models. Subsequently, in 2012, a dedicated battery cell technology research endeavor was initiated, culminating in the establishment of the BMW Battery Cell Competence Center in 2019. A pivotal milestone was reached in 2020 with the inception of a trial production line near Munich’s Parsdorf base, set to conclude in 2022.

The collaborative approach to innovation is underscored by BMW’s commitment to early research and process validation, a collaborative venture with supplier partners. With over 300 R&D specialists and 43 ongoing projects, robust cooperation is fostered across academic institutions, universities, corporations, original equipment manufacturers (OEMs), and various sectors. Laboratory exploration encompasses material characterization, chemical system evolution, formulation refinement, performance and safety assessments, and failure analysis.

Parallel to battery trial production, BMW and its partners are jointly constructing a prototype battery production line at the Parsdorf facility. PE film recycling r-PET

BMW’s stance emphasizes the entire value chain and lifecycle, encompassing raw material procurement, refining, battery material production, quality classification, battery cell innovation, battery cell manufacturing, research and development of battery modules and systems, testing, repurposing, decomposition, and raw material recycling. The company sources cobalt and lithium ores from certified mines in Australia and Morocco, alongside materials from secondary utilization.

Strategic battery system development is shaped by technical prerequisites and regulatory imperatives, harmonizing design, safety, and sustainability. Regarding design, the trajectory points toward heightened integration for greater volume energy density, transitioning from cell-to-pack (CTP) and battery-to-chassis (CTC) integration.

Safety standards, rooted in Chinese legislation, are aimed at achieving no fire and explosion within five minutes. Future endeavors envisage extending this parameter to 40 minutes while prioritizing flame resistance. Sustainability, presently lacking compulsory regulations, is being addressed proactively, with impending EU directives on carbon emissions, raw material recycling, and recycling rates. PE film recycling r-PET

BMW’s battery technology roadmap pivots on striking a balance between high performance and cost-effectiveness, ultimately pivoting toward solid-state batteries. Within the cost-controlled trajectory, the initial stage pursues cobalt-free cells, with the subsequent phase targeting both cobalt-free and low-nickel variants, such as lithium-rich manganese-based batteries. In the realm of high-performance, a high-nickel approach is adopted, envisioning the incorporation of silicon oxide/graphite hybrids and, subsequently, high-silicon anodes, like silicon carbide compounds.

Currently, BMW stands at the crossroads between cost-controlled and high-performance routes. Additionally, lithium iron phosphate batteries offer an affordable solution for entry-level vehicles, owing to their cost efficiency.

Reflecting on material and battery evolution trends:

  • Anode materials span from graphite (360 mAh/g) to graphite/silicon oxide mixtures (500-600 mAh/g) and silicon carbide compounds (1200 mAh/g).
  • Cathode materials evolve from NMC111 (150 mAh/g) to NMC532,622 (180 mAh/g), NMC811 (210 mAh/g), and high-nickel variants (230 mAh/g, Ni content exceeding 90%). PE film recycling r-PET

Risks in material evolution encompass the stability of high-performance components reliant on nickel content and the dominance of silicon anodes in cost. Material application must align with electrode and cell design trends.

Electrode design shifts hinge on enhanced compactness and optimized coating, while battery core design envisions increased cell capacity through laminate configurations, augmented packing density, thinner diaphragms, and the manufacturing of larger batteries.

Envisioned as a transformative technology, all-solid-state batteries are on the horizon. The current generation features NMC positive electrodes, graphite silicon negative electrodes, liquid electrolytes, and porous separators. Future iterations will incorporate NMC positive electrodes, lithium metal negative electrodes, and oxide/polymer/sulfide solid electrolytes.

This transition to solid-state confers heightened safety through solid electrolytes and augmented energy density via lithium metal. Nonetheless, challenges remain, including interface stability, thermal management diversities, lithium metal energy fluctuations during charge and discharge cycles, rated capacity for lithium metal, and material resilience in manufacturing and usage contexts. PE film recycling r-PET

Given the advantages and challenges inherent to solid-state batteries, their potential in bolstering safety and energy density is substantial. However, their cost-effectiveness is still an uncertainty, necessitating thorough proof of concept before industrialization can be realized.

BMW's Battery Strategy: Pioneering Battery Tech, Lithium Iron Phosphate, and the Future of Solid-State Batteries

Revolutionizing Plastic Recycling: Innovative Approaches for Upcycling Polyethylene and Polypropylene Plastics

In a groundbreaking contribution to sustainable waste management, two recent studies have unveiled novel techniques to convert commonly discarded plastics – polyethylene (PE) and polypropylene (PP) – into valuable chemical products, ushering in a new era of circular plastics economy. These pioneering approaches not only address the mounting plastic pollution crisis but also offer a means to synthesize high-value chemicals in an environmentally conscious manner. PE film recycling r-PET

Plastic waste, a mounting global challenge, has spurred researchers to seek innovative ways to transform its negative impact into a positive solution. Among the myriad types of plastics, polyolefin plastics, exemplified by PE and PP, constitute a staggering 60% of the world’s plastic production. However, their resilience poses a substantial obstacle to reverting them back to their constituent monomers, limiting their recyclability. Addressing this issue, Houqian Li and their team have demonstrated a transformative method for converting waste polyolefin plastics into olefins through thermal depolymerization reactions, such as pyrolysis.

Traditionally, the production of olefins necessitates energy-intensive processes reliant on fossil fuel feedstocks like natural gas and crude oil. Li et al. have harnessed pyrolysis to generate olefin mixtures from discarded PE plastics, which can be subsequently converted into aldehydes. These aldehydes, in turn, serve as a precursor to highly valuable oxygenated chemicals including alcohols and diols. This innovation not only circumvents traditional resource-intensive practices but also underscores the potential of plastic waste as a rich source of feedstock for essential chemical compounds.

In a parallel endeavor, Zhen Xu and their collaborators have introduced a method to transform PE and PP plastics into fatty acids, a cornerstone of numerous commercially significant surfactants and detergents. PE film recycling r-PET

The crux of their technique lies in meticulously controlling temperatures during the heating process of polyolefin plastics. By deftly avoiding violent pyrolysis reactions and volatile vaporization, Xu et al. sidestep the conventional challenges of free-radical chemistry associated with plastic degradation. This precision results in the creation of waxes from the polyolefin plastics, which can then undergo oxidation and saponification processes to yield valuable fatty acids. These fatty acids serve as a versatile precursor to a spectrum of high-value surfactants, amplifying the economic and ecological potential of plastic upcycling.

In the broader context of sustainable waste management, these innovative methodologies hold the promise of propelling the concept of a circular plastics economy from vision to reality. Kevin Van Geem, in an accompanying perspective, aptly highlights the transformative potential of these advancements, emphasizing their role in establishing a closed-loop system for plastic recycling.

The urgency of tackling the plastic pollution crisis has been underscored by a July 2021 Special Issue of Science, which spotlighted the escalating plastic pollution dilemma and featured a review focusing on the pivotal role of recycling innovation and polymer upcycling in advancing the cause of closed-loop plastic recycling.

In conclusion, the recent strides in plastic upcycling, particularly the conversion of PE and PP plastics into high-value chemical products, stand as testament to the power of scientific innovation in addressing pressing global challenges. PE film recycling r-PET

These ingenious approaches not only offer a pathway to diminish plastic waste but also exemplify how discarded materials can be harnessed to create economic value while promoting environmental sustainability. As the world grapples with the consequences of plastic pollution, these studies illuminate a hopeful trajectory toward a cleaner, more responsible future.

Revolutionizing Plastic Recycling: Innovative Approaches for Upcycling Polyethylene and Polypropylene Plastics

Concerns Arise as China Floods Indian Markets with Cheap Fiber Ahead of Quality Control Order

The impending implementation of a quality control order (QCO) on various textile input materials has raised concerns within the Indian textile industry. Chinese exporters are reportedly flooding the Indian market with inexpensive fiber and polyester in anticipation of the QCO, which is scheduled to take effect on October 1st. Brij Mohan Sharma, the Joint Managing Director of Rajasthan Spinning & Weaving Mills, expressed the industry’s apprehensions regarding this situation. PE film recycling r-PET

While larger players in the textile sector have welcomed the QCO as a means to enhance quality and competitiveness, micro, small, and medium enterprises (MSMEs) are facing challenges due to their reliance on imported raw materials and the potential impact of the impending standards. Sharma highlighted that China is aggressively dumping subpar quality fiber products into the Indian market at prices lower by ₹5-7 per kilogram compared to domestically produced polyester fiber. This move is seen as an attempt to capitalize on the time gap before the QCO comes into force. Those operating within the commodity segment, lacking dedicated supply chains, are expected to bear the brunt of this strategy.

Sharma emphasized the importance of the value addition brought about by the quality control order, particularly when it comes to improving the overall quality of textiles. He revealed that discussions have been initiated with the Ministry of Textile to address the industry’s concerns and mitigate potential negative impacts.

In light of the situation, experts are urging policy makers to pay attention to the cotton value chain, a cornerstone of the Indian textile industry. Despite being one of the world’s largest cotton producers, India is facing a risk of becoming a net importer of cotton. This looming challenge arises from a combination of factors, including record declines in both cotton exports and production during the current financial year. The ongoing Ukraine conflict has led to weak demand for textile products in Western markets.

The US Department of Agriculture (USDA) has projected that India’s cotton exports will hit a 19-year low during the crop season spanning from October 2022 to September 2023. The expectation is that farmers will shift their focus to more profitable crops like oilseeds and pulses, leading to a further reduction in cotton output. PE film recycling r-PET

Against this backdrop, Indian cotton yarn exports have plunged to a decade-low of 664,000 tonnes in the fiscal year 2022-2023. Sharma called for a balanced approach, highlighting that the government’s emphasis on garments and technical textiles should not overshadow the core competency of the Indian textile industry – cotton. He acknowledged the importance of systematic export promotion but cautioned against neglecting the integral role that cotton plays in India’s textile landscape.

Sharma also raised concerns about the volatility of cotton prices, emphasizing that drastic fluctuations – such as the jump from ₹55,000-65,000 per candy to ₹1 lakh – negatively impact the industry’s stability. This price volatility has affected not only cotton but also other materials like viscose and fiber. PE film recycling r-PET

Despite these concerns, queries directed to the textile ministry have gone unanswered, leaving industry players and stakeholders awaiting further clarification and guidance regarding the impending quality control order and its potential implications on the sector.

In conclusion, the Indian textile industry is grappling with the influx of low-quality fiber from China in advance of the upcoming quality control order. While the order is expected to enhance the quality and value addition of Indian textiles, the challenges faced by MSMEs and the potential implications on the cotton value chain are areas of concern that require careful consideration and timely intervention from policymakers.

Concerns Arise as China Floods Indian Markets with Cheap Fiber Ahead of Quality Control Order

PET preform Hydrogen – China’s Economic Challenges: Tech, Real Estate Woes, and Debt Crisis Loom 11-08-2023

PE film recycling r-PET

PET preform Hydrogen – China’s Economic Challenges: Tech, Real Estate Woes, and Debt Crisis Loom 11-08-2023


Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Hydrogen: Paving the Way for a Fundamental Shift in Transportation

In the ongoing discourse surrounding the transition to emission-free transportation, one vital component often remains shrouded in relative obscurity: hydrogen. Amidst the fervent promotion of battery electric mobility, proponents tend to dismiss hydrogen-based solutions as unviable due to concerns of cost, efficiency, and political-strategic implications. Nevertheless, there is a rising champion of hydrogen’s potential: Hyundai. Mark Freymueller, Senior Vice President for Innovation in Commercial Vehicles, and Ronald Grasman, Vice President for Hydrogen and Fuel Cells, have journeyed from Seoul to Berlin to elucidate Hyundai’s stance on the matter.

On a global scale, the hydrogen sector is still in its nascent stages of establishing the multifaceted ecosystem essential for the widespread adoption of hydrogen applications. Hyundai envisions hydrogen as the cornerstone of the entire energy transition towards achieving zero carbon emissions, chiefly due to its unique capacity for energy storage and transport. This versatility renders hydrogen a natural progression for mobility solutions, especially in the realm of heavy and commercial vehicles. PETrm Hydrogen prefo

The pressing question is why battery power alone falls short of addressing our needs. Heavy vehicles demand energy consumption that dwarfs that of cars by a factor of fifty, rendering hydrogen a far more practical solution. Furthermore, the intermittent availability of renewable electricity, precisely when required, positions hydrogen as the ideal vehicle for transporting energy, especially across extended distances.

Concrete examples illustrate this point. Take Germany’s abundant wind power, geographically distant from energy demand, or South Korea’s limited renewable resources vis-à-vis energy requirements. Both scenarios underscore the pivotal role of chemical fuels in the future energy landscape, with hydrogen emerging as the most promising contender.

In Europe, Hyundai has already embarked on a hydrogen-fueled journey, making inroads with heavy vehicles through a pilot project in Switzerland. PET preform Hydrogen

This initiative is ongoing, with forty-seven Hyundai hydrogen trucks accumulating seven million kilometers in real-world usage. A network of fourteen service stations has sprung up, signifying the system’s viability. Plans for expansion across Germany, Spain, France, and the Netherlands are in motion, with Italy also under consideration. The formula for success hinges on enthusiastic investors, robust infrastructure, and dependable hydrogen availability, all reinforced by governmental support to ensure vehicle operational costs remain economically attractive.

Notably, Hyundai’s collaboration with Italian vehicle manufacturer Iveco marks another step towards hydrogen integration. The partnership entails supplying hydrogen systems and fuel cells for an Iveco Daily hydrogen commercial vehicle prototype, as well as future hydrogen buses.

The color-coded categorization of hydrogen based on its energy source begs the question of Hyundai’s preference. The company aspires to harness green hydrogen, sourced from renewables. While circumstances differ globally, biomethane emerges as an intriguing alternative, capable of even yielding negative greenhouse gas emissions when utilized to produce hydrogen. PET preform Hydrogen

Hyundai’s commitment extends beyond commercial vehicles, encompassing passenger cars as well. The company introduced the hydrogen-powered Hyundai iX35/Tucson in 2013, followed by the Hyundai Nexo in 2018, with over 30,000 units produced to date. These achievements underscore hydrogen’s competitiveness, especially in flagship and larger vehicle segments.

Anticipating the future, Hyundai envisions a new generation of the Hyundai Nexo arriving in 2025, embodying innovative advancements that will differentiate it from its predecessor. Research into hydrogen-powered internal combustion engines is also underway, primarily targeting the heavier sectors where internal combustion engines display distinct advantages.

Crucially, China has emerged as a pivotal player in the hydrogen arena. With a burgeoning market demand for fuel cells, China’s strategic energy agenda places hydrogen at the forefront. Hyundai’s recent establishment of a fuel cell factory in Guangzhou, equipped with research capabilities and a yearly production capacity of 6,500 hydrogen systems, signifies the company’s deepening commitment to this burgeoning market.

In conclusion, the discourse surrounding hydrogen’s potential is rapidly shifting, as Hyundai spearheads efforts to showcase its viability. From commercial vehicles to passenger cars, hydrogen’s role as a pivotal solution in the zero-emission future of transportation is being illuminated, laying the groundwork for a transformative shift in the way we envision mobility and energy. PET preform Hydrogen

PET preform Hydrogen

China’s Economic Challenges: Tech, Real Estate Woes, and Debt Crisis Loom

On Thursday, August 10, Asia’s markets displayed a mixed trend, with all eyes turned toward the upcoming US inflation update set to be released later in the day. The Federal Reserve’s keen interest in this figure stems from its implications for future monetary tightening. Amidst this backdrop, several concerning factors were at play, including the debt crisis surrounding Country Garden, a significant construction conglomerate, and an executive order issued by President Joe Biden targeting China’s tech industry and AI sector. These issues weighed heavily on the Chinese stock exchanges, contributing to a day of fluctuating market performance. PET preform Hydrogen

As of 7:30 am Italian time, Japan’s Nikkei index experienced a rise of 0.74%, whereas Hong Kong’s market saw a decline of nearly 1%. Notable losses were registered by Techcronic, plummeting by 20%, Lenovo by 5%, and Country Garden itself by 6.3%. Meanwhile, Shanghai’s market recorded a modest loss of 0.15%. In terms of commodities, gold was valued at $1,949 per ounce, while American WTI oil reached $84.37 per barrel, marking a nine-month high. The euro exhibited strength at 1.0986, whereas the yen dipped by 0.2% to 143.97. Concurrently, the yield on the 10-year US Treasury bond climbed from 4.016% to 4.028%. Wall Street futures indicated a 0.3% increase on average, signaling a potential rebound from the preceding session’s decline.

One of the major developments was President Joe Biden’s issuance of an executive order, imposing limitations on US investments in China. The goal behind this move was to curb Beijing’s ability to advance military and surveillance technologies. While specific details of these regulations remain in flux, the order is expected to cover US investments in select Chinese semiconductor, quantum computing, and artificial intelligence firms. Notably, the measures will not possess retroactive authority and will exclude certain sectors such as biotechnology. PET preform Hydrogen

Bloomberg posited that passive fund investments and publicly traded securities could potentially be exempt, alongside index funds and related assets. China expressed its disappointment in the US decision to implement these restrictions.

In a twist of events, China found itself grappling with deflation in July, as both consumer and producer prices experienced concurrent declines—an occurrence unseen since 2020. This development added pressure on Chinese policymakers to intensify their monetary and fiscal support efforts. Paradoxically, however, this deflationary trend could offer assistance to global central banks in their struggle to combat inflation in their respective nations. As consumer demand wanes in China, coupled with a real estate sector in decline and dwindling exports, manufacturers are compelled to reduce prices in order to clear excess inventories. This trend might extend to developed countries, where central banks like the Federal Reserve, the ECB, and the Bank of England are currently raising interest rates to tame persistent inflation. PET preform Hydrogen

Amidst these economic challenges, a looming debt crisis akin to the massive Evergrande default is brewing in China. Country Garden, helmed by Yang Huiyan, one of China’s wealthiest women, delivered a shock to investors as dollar bondholders revealed they had not received their due coupon payments on the stipulated date. Should the group fail to make payments within a 30-day grace period, it could mark its first public default. Bloomberg Intelligence analysts speculate that the repercussions of such a default could be more pronounced in China’s real estate market compared to the collapse of Evergrande. This is due to the fact that Country Garden boasts four times as many real estate projects in its portfolio. Yang Huiyan’s personal wealth has seen a substantial reduction of $28.6 billion, plummeting to $5.5 billion from its peak in 2021.

The real estate sector in China constitutes approximately 28% of the country’s GDP and has been embroiled in a crisis for a few years. The Chinese government’s stringent lending restrictions on heavily indebted real estate groups triggered this turmoil. Evergrande, the first domino to falter with over $300 billion in debt, remains in a state of precarious survival. Now, the emergence of Country Garden’s debt crisis further complicates the scenario, threatening to ripple through the debt market. Country Garden, once China’s premier private real estate group responsible for over 3,000 housing projects, epitomizes the ongoing crisis. With an estimated debt of around $200 billion, its predicament could rival the magnitude of Evergrande’s default. PET preform Hydrogen

In conclusion, China’s economic landscape is marred by multifaceted challenges, encompassing issues in the tech industry, real estate sector, and the looming specter of substantial defaults. These factors not only impact China’s domestic markets but also hold the potential to influence global economic dynamics, particularly with regards to inflation and investment strategies.

PET preform Hydrogen

China’s Crude Oil Demand Sees Sharp Decline of 18.8% in July, Impacting Global Oil Prices

The oil market landscape witnessed significant shifts on Wednesday as oil prices surged to new heights. The global benchmark Brent crude reached its peak since January, propelled by a considerable depletion in U.S. fuel inventories that helped alleviate concerns over weakening demand from China. As of 11:06 a.m. ET (1506 GMT), Brent crude recorded a gain of USD 1.00, or 1.2%, reaching USD 87.17 per barrel. Earlier in the day, it reached as high as USD 87.65, marking its loftiest level since January 27. Concurrently, West Texas Intermediate crude (WTI) saw an increase of USD 1.13, or 1.4%, reaching USD 84.03 per barrel. WTI’s zenith at USD 84.65 marked its highest point since November 2022.

The surge in oil prices was largely attributed to a remarkable reduction of 2.7 million barrels in U.S. gasoline stocks during the previous week. Additionally, distillate inventories, encompassing diesel and heating oil, experienced a drop of 1.7 million barrels. These figures, as per government data, defied expectations outlined in a Reuters poll, which projected a relatively stable scenario for both gasoline and distillate inventories. Phil Flynn, an analyst at Price Futures Group, emphasized the surging gasoline demand, causing concerns about the existing tightness of gasoline inventories that still hover below average levels. PET preform Hydrogen

A substantial 5.85 million-barrel increase in U.S. crude stocks, exceeding expectations, was largely overshadowed by the prior week’s record drawdown. This drawdown was pivotal in offsetting demand concerns stemming from China’s recent data, which indicated an 18.8% decline in crude oil imports in July compared to the preceding month. This was the lowest daily import rate since January.

Despite these challenges, support for oil prices emerged from Saudi Arabia’s commitment to extending its voluntary production cut of 1 million barrels per day into September. Furthermore, Russia announced a plan to reduce oil exports by 300,000 bpd in September. Notably, China’s state-controlled Shaanxi Yanchang Petroleum Group is anticipated to double its procurement of Russian ESPO blend, with projections reaching about one million metric tons for the year.

This expansion is attributed to the imminent commissioning of a 50,000 barrels per day crude processing unit at its Shaanxi province-based refinery, which has been revamped to accommodate higher crude processing capacities. PET preform Hydrogen

PET preform Hydrogen

India Faces Downturn in Fuel Demand, Attributed to Monsoon Rains

India, renowned as the world’s third-largest oil importer and consumer, witnessed a decline in fuel consumption during July, reaching a low point not seen in ten months. Government data revealed that the impact of monsoon rains constrained mobility and dampened the nation’s fuel consumption. Total consumption for July, acting as a proxy for oil demand, registered at 18.09 million tons, reflecting a significant 6.6% decline from the previous month. Nevertheless, a modest increase of 2% was observed when compared to the corresponding period of the preceding year.

Diesel sales, primarily utilized for trucks and commercial passenger vehicles, experienced a noteworthy month-on-month reduction of about 13% to 6.89 million tons in July. Viktor Katona, lead crude analyst at Kpler, attributed this decline to a combination of the monsoon-induced slowdown and floods affecting Northern Indian states during the initial half of the month. PET preform Hydrogen

The monsoon season, extending over four months from June, traditionally leads to a decrease in fuel demand as flooding impacts certain parts of the nation. The overall deceleration in construction activities, coupled with limited mobility due to weather conditions, played pivotal roles in the decline in bitumen demand, reaching its lowest point for the year. Analysts anticipate that India’s diesel demand might remain subdued throughout August, rebounding in the subsequent months.

Sales of gasoline for July experienced a decline of 5.3% compared to the previous month, amounting to 2.99 million tons. The sale of bitumen, essential for road construction, plummeted by 30% from June, while fuel oil usage observed an increase of 9.6% in July. Conversely, cooking gas, commonly referred to as liquefied petroleum gas (LPG), witnessed a surge of about 7% to 2.39 million tons. Naphtha sales displayed growth as well, rising by 9.3% to reach 1.07 million tons.

Noteworthy Developments in Indonesia’s Energy Sector

In parallel with these developments, Indonesia’s state-owned energy company, PT Pertamina, embarked on noteworthy initiatives within the realm of alternative energy sources. The company revealed plans to commence bioethanol production from sugarcane and cassava, aligning with sustainability goals. Moreover, PT Pertamina embarked on the production of green hydrogen utilizing geothermal energy, positioning itself at the forefront of environmentally friendly energy practices. PET preform Hydrogen

In summary, the oil market displayed resilience in the face of challenges posed by fluctuations in China’s crude oil demand and India’s diminished fuel consumption during the monsoon season. Oil prices surged due to a significant reduction in U.S. fuel stockpiles and ongoing production cuts by major exporters. Additionally, Indonesia’s PT Pertamina showcased its commitment to sustainable energy practices through ventures into bioethanol and green hydrogen production.

India Faces Downturn in Fuel Demand, Attributed to Monsoon Rains

Determining the Most Influential Nation within BRICS: China’s Economic Prowess and Russia’s Military Might

The intricate question of identifying the most influential nation within the BRICS group sparks intriguing debates, primarily owing to the distinct strengths and weaknesses exhibited by each member country across a plethora of domains. The BRICS consortium, comprising Brazil, Russia, India, China, and South Africa, holds a unique position in the global arena due to its abundant reservoirs of wealth and the potential it wields as an alliance of developing economies. PET preform Hydrogen

The inception of the term BRIC, initially encompassing Brazil, Russia, India, and China, by economists marked the early 21st century’s recognition of these nations as the foremost developing powers. However, the evolutionary process of this economic alliance was underscored by the integration of South Africa in 2010, formally altering the acronym to BRICS and cementing a coalition of five nations on the global stage.

Unveiling the most potent entity among the BRICS nations hinges on multifaceted considerations. A commonly employed metric for comparison is the Gross Domestic Product (GDP), which reflects the economic vitality of a nation. China, boasting a staggering GDP of $16.86 trillion USD in 2021, unmistakably holds the lead among its BRICS counterparts, significantly outpacing the others whose GDPs remain below the $3 trillion mark. China’s meteoric economic growth catapulted it to the second-largest global economy, trailing only the United States, a testament to its unyielding economic prowess.

Statistics from the reputable source Statista project China’s impending ascent to the pinnacle of global economic supremacy. The nation’s expanding economic clout is evidenced by its far-reaching economic ventures, establishing its presence and influence in various corners of the world. Yet, as impactful as economic indicators are, they do not encapsulate the entirety of a nation’s potency. PET preform Hydrogen

Elements such as military prowess, political influence, societal dynamics, cultural resonance, technological innovation, environmental stewardship, and healthcare achievements collectively contribute to a nation’s stature.

An ambitious endeavor to construct a comprehensive potency index culminates in the Global Firepower Index, a meticulous assessment of over 130 nations, encompassing more than 50 criteria concerning military capabilities. According to the 2023 rankings, Russia secures the second position globally in terms of military strength. The legacy of the Soviet Union endows Russia with a formidable military, boasting a massive personnel count of 1,330,900, with an active duty force exceeding 830,900 individuals. The nation further bolsters its military might with an extensive arsenal of combat-ready weaponry, surpassing the arsenals of fellow BRICS constituents.

Summarily, the economic supremacy within BRICS unequivocally rests in China’s grasp, while the distinction of possessing the most formidable military power finds its home in Russia’s dominion. Yet, the trajectories of these two colossal nations continue to ascend, with both China and Russia consistently nurturing their potential as the preeminent forces within the BRICS conglomerate. PET preform Hydrogen

In concluding deliberation, the question of the most influential BRICS nation eludes facile resolution. The remarkable diversity in strengths and the depth of contributions offered by each member nation makes such a determination inherently intricate. The economic dominance exemplified by China’s exponential growth stands juxtaposed with Russia’s military might, forged by historical legacies. However, the very essence of the BRICS alliance is encapsulated by the shared pursuit of growth, development, and global influence. In a world where power is a multidimensional concept, these nations navigate diverse paths toward securing their places as central figures on the global stage. As China’s economic reach expands and Russia’s military presence solidifies, the ongoing evolution of these giants promises to reshape the dynamics not just within BRICS but across the entire international landscape.

Determining the Most Influential Nation within BRICS: China's Economic Prowess and Russia's Military Might

Expanding Capacities: Chemco Group, an esteemed converter and packaging manufacturer hailing from India, has taken decisive strides towards fortifying its position in the PET preform industry

Their resolute dedication to progress was recently validated when they clinched the prestigious Modern Plastics Award (India Edition) in January 2023. This coveted accolade affirmed their stature as the leading PET preform manufacturer in India, an honor that underscored their noteworthy contributions to the plastics sector. Beyond its symbolic value, the award serves as a resounding endorsement of Chemco Group’s unwavering commitment to innovation, quality, and sustainability. PET preform Hydrogen

Fueling their impetus for advancement, Chemco Group has charted an ambitious course of action. With the aim of invigorating the PET preform landscape, the company has embarked on a proactive strategy of investing in cutting-edge technologies. Leveraging the momentum garnered from the recent accolade, Chemco Group swiftly harnessed their resources to introduce five state-of-the-art Husky HyPET5e+ machines into their operational framework. These machines, renowned for their high performance, were complemented by an array of Husky molds boasting an impressive capacity of up to 144 cavities. This concerted effort has not only amplified their existing machinery arsenal but has also translated into a remarkable surge in production capacity, amassing an increment exceeding 25,000 tonnes within the current year.

An instrumental facet of Chemco Group’s evolution pertains to its vision of embracing sustainability as a bedrock principle. In line with this vision, the company has initiated advanced negotiations with prominent multinational brands to forge partnerships that champion the utilization of recycled PET content. These collaborations are poised to encompass rPET content ranging from a commendable 30% to a remarkable 100% in preform production, underscoring Chemco Group’s foresight and commitment to environmentally responsible practices. The seamless integration of production systems, meticulously orchestrated by Chemco, lays a robust foundation for the realization of these future-oriented goals. PET preform Hydrogen

Unwavering in their pursuit of excellence, Chemco Group’s trajectory extends beyond immediate achievements. Looking ahead, the company is orchestrating plans for a robust expansion of production capabilities. With an audacious target of bolstering capacity by a substantial 15% by the year 2024, Chemco Group aspires to cement its standing as an industry trailblazer. This vision of growth is underpinned by the philosophy of incessant innovation, wherein the company remains resolutely attuned to the evolving dynamics of the PET preform landscape.

As a testament to their remarkable journey, Chemco Group beckons industry stakeholders and enthusiasts to delve into their realm. Their manufacturing prowess, underscored by a resolute commitment to superior quality, innovation, and sustainable practices, is encapsulated within their expansive production facilities. Through the judicious amalgamation of advanced technology and a visionary approach, Chemco Group stands as a beacon of progress in the PET preform realm.

In conclusion, Chemco Group’s resounding triumph at the Modern Plastics Award heralds a new era of growth and innovation in the PET preform industry. Armed with a fervent dedication to pushing boundaries, the company has bolstered its manufacturing capabilities with cutting-edge machinery and an eye towards sustainable practices. The award not only recognizes their achievements but also emboldens them to further enhance their contributions to the plastics sector. As they steadfastly advance, Chemco Group’s narrative serves as an inspiration for enterprises to embrace innovation, embrace sustainability, and steadfastly march towards a future of progress.

Expanding Capacities: Chemco Group, an esteemed converter and packaging manufacturer hailing from India, has taken decisive strides towards fortifying its position in the PET preform industry

Resin Price: August Comes in with a Bullish Bang

The headline of our last Resin Price Report read, “Price Erosion May Have Hit Bottom.” Trading activity in the first week of August would seem to support that view, as it was one of the busiest of the year at the PlasticsExchange. “Completed volumes were nicely above average as bearish sentiment has melted away and we might already be peeking past neutral toward mildly bullish,” writes the resin clearinghouse in its Market Update. It does add a caveat, however, noting that the market has had an erratic year, with lengthy slow periods punctuated by several short-term demand surges. “We will see if this one gains momentum,” comments the PlasticsExchange. PET preform Hydrogen

Demand was fueled by some processors seeking to satisfy their typical needs early in the month, while others bought packaged truckloads to fill in supply gaps caused by late railcars. Still others, including resellers, bought resin to replenish depleted inventories.

More plentiful Prime railcar offerings

Wide-spec availability remained relatively tight and the bottom part of the pricing spectrum continued to shore up the week of Aug. 1. Prime railcar offerings improved somewhat to begin the month, as several resellers offered parts of their forecasted August supply into the spot market to augment their company’s direct sales, reports the PlasticsExchange. Based on limited spot availability, it seems that both polyethylene (PE) and polypropylene (PP) producers maintained their reduced reactor rates through July while exporting surplus supplies. PET preform Hydrogen

PE resin prices hold steady

A healthy volume of PE resin transacted across the PlasticExchange marketplace, and average prices held steady with a firm undertone. Traders scooped up several railcars of Film-grade low-density PE on the final day of July, and business accelerated when August began on Tuesday. The PlasticsExchange reports that it sold several railcars of high-density PE Blow Mold export, and some prompt Injection-grade truckloads were completed in the domestic market. Linear-low-density PE for Film and Injection also changed hands in the domestic and export markets; more transactions would have been made if additional well-priced offers were available.

The market for off-grade PE railcars has been firming; low-ball bidders have been disappointed as the bottom of the market has cleaned up several cents.

Robust export activity

The export market has remained hot with strong buying seen from Asia, Latin America, and Europe. Producers have raised August Houston asking prices by $0.03 to 0.05/lb and supplies are snug. A couple of major indices rolled their prices flat again for July, while unofficial discounts and non-market adjustments pile up, adding confusion to domestic pricing. PET preform Hydrogen

Producers have nominated a nickel increase for August contracts. That could have made sense if the $0.03/lb decrease had officially gone through in either June or July, but contracts still sit up $0.03/lb for the year while spot prices have sagged, writes the PlasticsExchange.

There have been several named storms so far, but none that have threatened the Gulf. Forecasters still predict a very active hurricane season ahead.


Resin Price: August Comes in with a Bullish Bang

r-PET Bottles biodegradability – r-PET releases more toxic substances than virgin PET? 10-08-2023

PET preform Hydrogen

r-PET Bottles biodegradability – r-PET releases more toxic substances than virgin PET? 10-08-2023

r-PET Bottles biodegradability

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Thailand Witnesses Landmark Debut of 100% Recycled PET Beverage Bottles

In an exciting collaborative effort, ALPLA and PTT Global Chemical (GC) have proudly unveiled Thailand’s inaugural food-grade rPET (recycled PET) for public consumption. This pioneering achievement is already making waves as it materializes into Thailand’s premier 100% rPET beverage bottles, as reported by Petnology.

Stepping into this groundbreaking transition, Pepsi and Minere, two prominent beverage brands within the Thai market, have embraced the use of premium Post-Consumer Recycled (PCR) material from ENVICCO for their plastic bottle production. A significant stride, this feat derives from the robust partnership between ALPLA and PTT Global Chemical (GC), who formally inaugurated an advanced recycling facility situated in the Rayong province in September 2022. The introduction of Thailand’s foremost FDA-certified food-grade rPET and the subsequent debut of the nation’s initial 100% rPET bottles mark a pivotal milestone in the collaboration between the joint venture and the dynamic beverage industry. r-PET Bottles biodegradability

Bernd Wachter, ALPLA’s Corporate Director of Circular Economy & Recycling Asia, underscores the multifaceted benefits of investing in the circular economy. He emphasizes that such an investment doesn’t merely echo positively in environmental realms, but also catalyzes economic growth and enriches society by fostering meticulous and efficient recycling practices. This, in turn, culminates in the development of sustainable, accessible, and innovative products while simultaneously nurturing job creation.

ENVICCO, the driving force behind this initiative, boasts an impressive annual production capacity of 30,000 tons for recycled PET (rPET) and an additional 15,000 tons dedicated to recycled HDPE (rHDPE). As a prominent player in the recycling landscape, ENVICCO stands tall as one of Asia’s largest recycling facilities. Their mechanical recycling process adheres rigorously to stringent quality, safety, and efficiency benchmarks, a testament to their dedication to producing food-grade PCR material of the highest calibre. The resulting rPET, aptly labeled “InnoEco,” has successfully garnered certification from the U.S. Food and Drug Administration prior to obtaining the green light from Thai regulatory authorities.

It’s noteworthy to mention that ALPLA Group has further bolstered its commitment to the UK market through the strategic acquisition of iTEC Packaging’s Mansfield-based plant. iTEC Packaging, renowned for its expertise in injection moulding, thermoforming, extrusion, and compression moulding, has a manufacturing facility specifically geared towards the production of closures, primarily catering to the dairy sector while also servicing other facets of the food and beverage industry. r-PET Bottles biodegradability

In conclusion, Thailand’s entrance into the era of 100% recycled PET beverage bottles heralds a momentous achievement driven by the synergy between industry giants ALPLA and PTT Global Chemical (GC). With Pepsi and Minere spearheading the adoption of premium Post-Consumer Recycled (PCR) material from ENVICCO for their plastic bottles, this pivotal stride underscores the fusion of sustainable practices and innovative solutions. This leap not only showcases ALPLA and PTT Global Chemical’s commitment to fostering a circular economy but also sets an encouraging precedent for other sectors to follow suit. As Thailand takes its first momentous steps towards a greener, more sustainable future, the ripple effects of this endeavor are poised to resonate both locally and globally.

r-PET Bottles biodegradability

Amidst the relentless surge of the plastic waste crisis, scientists have ventured into a realm of possibility that could revolutionize the trajectory of plastic disposal – harnessing the potential of starch to amplify the biodegradability of a polymer blend

This pioneering endeavor presents a beacon of hope in the pursuit of sustainable alternatives to conventional plastics, with a bio-based polymer blend that exhibits compostability in both domestic and industrial settings.

Rafael Auras, an esteemed authority in packaging sustainability at Michigan State University, accentuates the gravity of the predicament, both in the United States and worldwide. The escalating dilemma of waste, particularly plastic waste, has reached a critical impasse. An alarming revelation surfaces: less than 10 percent of plastic waste in the US undergoes recycling, leaving a substantial portion languishing as discarded refuse or scattered detritus. The consequences are profound, intertwining economic strains, environmental degradation, and potential health hazards. r-PET Bottles biodegradability

Against this backdrop of urgency, Auras elucidates a solution burgeoning with promise. “By forging the path towards biodegradable and compostable products, we can divert a portion of the mounting waste,” Auras declares. The profound impact of this transformation resonates deeply. A potential reduction in landfill contributions could signify a substantial leap toward rectifying the existing waste conundrum.

Yet, the benefits extend far beyond waste reduction. The envisaged plastics earmarked for composting would obviate the need for rigorous decontamination, circumventing a critical roadblock in efficient plastic recycling. The arduous choice that recycling facilities routinely confront – allocating resources for the ardent cleansing of soiled plastic or opting for outright disposal – could be mitigated. Imagine a coffee cup or a microwave tray embellished with stubborn tomato sauce residues; an innovative paradigm emerges. The conventional need for thorough rinsing or washing would be supplanted by the simplicity of composting.

Central to this groundbreaking breakthrough is the integration of starch. The material at the heart of the process, polylactic acid (PLA), has enjoyed an established tenure in packaging for over a decade. Derived from plant sugars rather than fossil fuels, PLA boasts an environmentally favorable heritage. The blend of PLA is known to be biodegradable within industrial composters, which employ conditions conducive to the decomposition of bioplastics. However, the prospect of rendering PLA compostable at the domestic scale appeared, at first, to be an insurmountable obstacle. r-PET Bottles biodegradability

The conundrum lies in the fact that PLA, in its natural state, is impervious to microbial consumption. A vital transformation must transpire to make it suitable nourishment for microorganisms. Industrial composting settings can facilitate this transition, but the process unfolds at a sluggish pace. Pooja Mayekar, a doctoral candidate in Auras’ laboratory and lead author of a study featured in ACS Sustainable Chemistry & Engineering, emphasizes the hurdle: “Microbes can’t readily break down and utilize PLA as food.” The envisaged solution bridges the gap – a carbohydrate-derived component named thermoplastic starch infused into PLA. This symbiotic blend provides a palatable feast for composting microbes while the PLA undergoes degradation.

However, the journey toward viable solutions is multifaceted. Auras underscores that while the research showcases the feasibility of entirely compostable bio-based plastic packaging, this milestone does not guarantee immediate commercial adoption. The challenges traverse technical impediments, extending their reach into the realms of social dynamics and behavioral patterns. The crusade against plastic waste is not a solitary quest; it mandates a collective transformation in perspectives and actions.

The realm of public perception harbors an essential yet somewhat erroneous notion – the belief that biodegradable and compostable materials wield the power to dissolve swiftly and seamlessly within any environmental setting. In actuality, these materials necessitate specific conditions, reminiscent of those found within active compost, to facilitate timely decomposition. The consequence of misapprehension is that improperly disposed biodegradable plastics linger as litter in the environment, rather than adhering to the intended ecological cycle. r-PET Bottles biodegradability

Amidst these challenges, the crux remains unyielding. The technology conceived does not advocate for the perpetuation of littering under the guise of biodegradability. Rather, it beckons for conscious waste management, steering individuals to embrace responsible composting practices both at home and within waste-management infrastructures.

As the conversation transcends the confines of blame-shifting, an indelible message takes root: the evolution of plastic management demands a transformation of perspectives, behaviors, and systems. The alliance between science and society is critical, envisaging a realm where starch-infused plastics signify not merely an alternative but a paradigm shift towards a circular and conscientious waste-management ethos.

r-PET Bottles biodegradability

China’s Economic Landscape: Slipping into Deflation Amidst Consumer Price Decline

In a disconcerting turn of events, China’s economic trajectory has taken a troubling dip into the territory of deflation. This is exemplified by the alarming drop in consumer prices, marking the first such occurrence in over two years. The recent data, released by China’s National Bureau of Statistics on a Wednesday, unveils a 0.3% contraction in the Consumer Price Index (CPI) for the month of July when compared to the same period last year. This marked decline highlights a worrying trend of weakening demand within the nation’s economic landscape. r-PET Bottles biodegradability

The multifaceted effects of this defla tionary slip are evidenced across various sectors. A comprehensive review of the CPI components for July underscores the widespread nature of the phenomenon. Categories spanning from food to transportation and household goods have all witnessed a downward spiral in their pricing. Notably, the price of pork has plummeted by a staggering 26%, whereas vegetable prices have recorded a 1.5% descent. These numbers collectively hint at the broader economic shifts taking place within the nation.

The realm of producer prices, as gauged by the Producer Price Index (PPI), offers an equally concerning perspective. The PPI, which measures the costs of goods at their initial stages of production, has recorded a distressing 4.4% drop in July when compared to the preceding year. This latest contraction in the PPI is emblematic of a concerning pattern, marking the tenth consecutive month of decline. This consistent decline further solidifies the narrative of deflation, with implications spanning across the industrial and manufacturing sectors.

The prevailing signs of deflation within China’s economy have escalated in recent months, casting a shadow of uncertainty over the world’s second-largest economy. This unsettling development has ignited apprehensions regarding the possibility of an extended phase of stagnation. This sentiment is reinforced by the sluggish growth recorded in the second quarter of the year, spanning from April to June.

This period of stagnation stands in stark contrast to the initial surge in economic activity witnessed following the relaxation of pandemic-induced restrictions in the latter part of the previous year. r-PET Bottles biodegradability

Several factors are converging to contribute to this economic quandary. The initial rebound experienced after the easing of pandemic constraints has gradually ebbed, resulting in lackluster growth figures. Concurrently, China’s real estate sector is grappling with an extended downturn, further exacerbating the prevailing economic challenges. A weakened trading environment adds yet another layer of complexity to the nation’s economic woes.

In essence, the recent slip into deflation marks a pivotal moment for China’s economic trajectory. The ramifications extend beyond mere statistical data, permeating into the broader social and political fabric of the nation. Policymakers are now faced with the daunting task of devising strategies to counteract the adverse effects of this deflationary trend. This entails a delicate balance between stimulating demand, revitalizing key sectors, and ensuring overall economic stability.

As China navigates these uncharted waters, global stakeholders are also keenly observing the situation. The interconnectedness of the global economy implies that China’s economic health has far-reaching implications. A prolonged period of deflation could potentially disrupt international trade dynamics and influence the stability of financial markets.

In conclusion, China’s recent descent into deflation, as evidenced by the drop in consumer prices and producer prices, underscores the challenges that the nation’s economy is currently facing.r-PET Bottles biodegradability

The interplay of factors such as sluggish growth, a struggling real estate sector, and weakened trade is contributing to this worrisome economic trend. The next steps undertaken by policymakers will be instrumental in steering China’s economy away from the treacherous waters of deflation and towards a path of sustainable growth and stability.

r-PET Bottles biodegradability

Borouge PLC and Borealis have introduced innovative automotive products crafted from a remarkable 70% recycled materials

These pioneering sustainable polymer solutions align with the companies’ shared commitment to environmental responsibility.

The inaugural sustainable offerings emerge from Borouge’s Compounding Manufacturing Plant (CMP) situated in Shanghai, China. Notably, the CMP recently earned ISO 14067 certification for its comprehensive carbon footprint assessment. This acknowledgment attests to the conscientious endeavors of both Borouge and Borealis.

Rainer Hoefling, CEO of Borouge Pte Ltd., emphasized the significance of these new releases: “Our latest product launch underscores our unwavering dedication to sustainability. By incorporating recycled materials and engineering products with reduced carbon impact, we demonstrate the practical attainability of circular economy ideals. Our adept team’s persistent commitment to sustainability drives our innovative solutions, catalyzing the automotive sector’s swift transition to a more eco-conscious footprint.”

The fresh polypropylene (PP) solutions, containing up to 70% post-consumer recycled (PCR) materials, have been subjected to ISO 14067 carbon footprint evaluations, validated by TUV Rheinland*. r-PET Bottles biodegradability

This assessment comprehensively evaluates the products’ entire life cycle, from inception to production gate. These new polymer grades excel in minimizing carbon emissions and energy consumption, while upholding performance consistency akin to their original virgin counterparts. The pronounced incorporation of PCR polymers in these compounds not only enhances circularity but also optimizes the efficient utilization of precious natural resources.

The primary innovation, GD3565SYC, emerges as a glass fiber reinforced polypropylene blend, with 50% PCR content. Its attributes encompass exceptional performance, facile processability, and commendable long-term heat resistance. This formulation finds particular suitability for under-body shields, bumper brackets, and structural components within vehicles. Impressively, this grade reduces carbon footprint by approximately 28% when juxtaposed with virgin grades, and its seamless integration can replace prevailing virgin grades at Borouge’s CMP, sans any compromise on quality benchmarks.

The secondary solution, ED0701SYC, adopts an unfilled PP grade devoid of talc or glass fibers. Tailored for crafting wheel arches and other exterior elements, this compound combines up to 70% post-consumer polypropylene and polyethylene. This formulation accomplishes a remarkable 32% reduction in carbon footprint compared to virgin grades, harmonizing impressive impact strength and stiffness. Bolstered by optimal processability and stability, this grade ensures impeccable surface quality for exterior applications.

It’s important to highlight that Borouge PLC, known for its avant-garde polyolefin solutions, has initiated a Distribution Agreement with a prominent polyolefin distributor in East Africa, Somochem. r-PET Bottles biodegradability

Borouge PLC and Borealis have introduced innovative automotive products crafted from a remarkable 70% recycled materials

Gloomy Sentiments Cloud Europe’s Plastics Industry While the US plastics sector might not be thriving, it appears considerably more positive when juxtaposed with the prevailing sentiment across the Atlantic

Plastics Information Europe (PIE), a market analyst, has recently unveiled its tenth comprehensive market assessment derived from a survey encompassing nearly 200 professionals within Europe’s plastics industry. The opening declaration in PIE’s official statement succinctly encapsulates the situation: “Uncertainty, inflation, and subdued demand — the indicators are far from promising.”

Unfavorable Business Trajectory Europe’s plastics industry has been caught in a prolonged slump for over three and a half years, as highlighted by PIE, and the overall mood remains somber. Nearly half of the respondents in the survey noted that their companies performed worse in the first half of 2023 compared to the latter half of 2022.

A bit over a quarter (28.7%) reported modest improvements, while 25% observed no discernible change. r-PET Bottles biodegradability

Geographical Disparities in Results Interestingly, geographical nuances emerged in these findings. PIE reports that none of the surveyed companies from France, Spain, Portugal, the United Kingdom, or Ireland witnessed a deterioration in their business. In contrast, a majority of companies from Benelux, Central and Eastern Europe, and Italy reported experiencing a downturn in business.

Faint Hopes of a Revival Despite the prevailing gloom, there is a glimmer of optimism regarding the potential for better times ahead. Nearly 30% of the surveyed companies anticipate a positive “upward trend” in the latter half of 2023. The majority of participants foresee a status quo, while roughly 22% expressed pessimism for the remaining months of the year. The most optimistic forecasts stem from Spain, Portugal, and Benelux.

Incomplete Recovery Prospects Approximately 86% of the surveyed companies indicated that they have yet to fully rebound to pre-pandemic performance levels, and more than half do not foresee achieving such levels until the following year. Interestingly, “almost 7% project that they will never regain that milestone, and over 17% are unable to provide an estimate,” as highlighted in PIE’s press release. r-PET Bottles biodegradability

Additional Noteworthy Findings • While nearly half of the survey participants confirmed that their companies’ short and medium-term investment strategies remained unaffected during the first half of 2023, more than 31% acknowledged budget cuts. • The previously prominent concern over escalated energy costs, stemming from the Russian-Ukrainian conflict, has diminished among European plastics processors. Instead, a significant 70% of respondents expressed apprehension regarding low sales volumes, with 53% voicing concerns about inflation. • The survey disclosed a shift within the resin markets, favoring spot purchasing over lengthier contract agreements, especially those exceeding a year. • The situation is particularly bleak for recycling companies, a trend anticipated given the declining prices of virgin resins and the weight of substantial cost pressures. PIE reports that over 70% of recycling-associated respondents noted a decline in business during the first half of 2023 compared to the latter half of 2022, with none of them reporting an improvement.

Gloomy Sentiments Cloud Europe's Plastics Industry While the US plastics sector might not be thriving, it appears considerably more positive when juxtaposed with the prevailing sentiment across the Atlantic

Cirba Solutions expands lithium-ion battery processing operations in Ohio

The company received $82 million from the DOE to aid the expansion.

Charlotte, North Carolina-based Cirba Solutions, a battery materials and management company, has expanded its lithium-ion processing operations in Lancaster, Ohio. The Department of Energy (DOE) awarded $82 million in grants, the first of which in October 2022 and the second in November, to aid in the approximately $200 million expansion, which is slated to support the circular battery supply chain, furthering the advancement of cost-effective lithium-ion battery processing and critical materials supply, the company says. r-PET Bottles biodegradability

Cirba Solutions first announced its expansion plans in Lancaster in October of last year.

Cirba Solutions received funding under the DOE’s Office of Manufacturing and Energy Supply Chains (MESC) grant program as part of the federal Bipartisan Infrastructure Law. This funding highlights the first phase of more than $7 billion in total funding provided through the new bill, earmarked specifically for the battery supply chain to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid, the company says.

As part of the expansion, Cirba Solutions will add a hydrometallurgical process to produce battery-grade metal salts from end-of-life lithium-ion batteries and gigafactory scrap. Cirba Solutions says it will be one of the first companies in North America to use advanced technology to extract critical metals, such as lithium, nickel, cobalt and manganese, from lithium-ion batteries to supply domestic precursor and cathode active materials manufacturers.

“With Lancaster’s long history of manufacturing and recycling expertise, the expansion of this Cirba Solutions facility will be a tremendous support to the sustainable battery supply chain centered right here in America,” Secretary of Energy Jennifer Granholm says. “The investment in this expansion, including funding awarded from the president’s Investing in America Agenda, will support this facility in extracting enough battery-grade critical minerals to power 200,000 new electric vehicles per year and will create 150 good-paying jobs that will be in demand for decades to come.” r-PET Bottles biodegradability

“This investment is crucial to the lithium-ion battery industry as demand for battery materials continues to increase,” David Klanecky, president and CEO of Cirba Solutions, says. “With the assistance of the DOE, Cirba Solutions can make even greater strides in our battery recycling efforts to complete a closed-loop supply chain in North America.”


Cirba Solutions expands lithium-ion battery processing operations in Ohio

Bridging the Gap: Addressing Europe’s Lag in Plastic Recycling and Packaging Innovation

A recent report from GovGrant, a UK-based research and development tax credit specialist, highlights a significant gap in plastic recycling and packaging innovation between Europe and Asia. According to the report, over the past two decades, more than 65% of all plastic patents have been developed in Asia, with China and Japan leading the way. This trend indicates the need for Europe to intensify its efforts to catch up in the global race towards a more sustainable plastic industry and circular economy.

The Evolution of Plastic Innovation

Innovation within the plastics industry is pivotal in transitioning towards a circular economy, where resources are reused and waste is minimized. GovGrant’s study scrutinized the trajectory of plastic industry innovation from 2001 to 2021. They used the number of global patent filings related to plastic packaging and recycling as a metric for measuring progress. r-PET Bottles biodegradability

The analysis revealed that patent filings remained relatively stable between 2001 and 2015, averaging around 500 per year. However, a substantial surge was observed from 2015 onwards, with patent filings escalating from 607 in 2015 to a remarkable 1,840 patents in 2021. This acceleration in innovation could be attributed to various factors, including legislative actions like the Paris Agreement and policy initiatives such as single-use plastic bag charges implemented by several countries, including the UK and France.

Asian Dominance in Plastic Innovation

The geographic distribution of patent filings paints a clear picture of Asia’s dominance in plastic recycling and packaging innovation, leaving Europe and the United States trailing behind. China stands at the forefront with an accumulative volume of 9,810 patent filings (41.57%), followed by Japan with 5,950 patents (25.21%). The United States, Germany, and South Korea complete the top five, with 2,250 (9.53%), 2,040 (8.64%), and 1,660 (7.03%) patents respectively. This leaves a mere 32.2% of patents distributed among other countries.

Furthermore, the top five contributors accounted for an overwhelming 91.98% of all filed patents, emphasizing the significant concentration of innovation within these nations. Contrastingly, countries like France and the United Kingdom made modest contributions, with 2.58% and 1.96% respectively. r-PET Bottles biodegradability

Promising Technologies and Areas of Progress

Within the UK context, GovGrant’s research highlighted key technologies and areas of progress within plastic packaging and recycling. Noteworthy developments included biodegradable compositions derived from biopolymers and alternative materials made from recycled plastics. In the domain of plastic recycling, novel processes and machinery designed to recover, separate, and recycle plastic waste played a vital role in advancing the industry.

Challenges and Future Prospects

While the United Kingdom has implemented measures to influence consumer behavior and reduce plastic waste, it has been criticized for not prioritizing plastic innovation within its broader sustainability plans. Critics argue that more needs to be done to incentivize plastic innovation and encourage businesses to adopt sustainable practices.

The UK’s decision to defer its Extended Producer Responsibility (EPR) rollout to 2025 drew frustration from industry experts. Concerns were also raised about policies that focus on imposing charges rather than genuinely fostering transformative change within businesses.


The GovGrant report underscores the growing disparity between Asia and Europe in plastic recycling and packaging innovation. While Europe has made strides in policy implementation and influencing consumer behavior, it lags behind in fostering groundbreaking plastic technologies. Addressing this gap requires a comprehensive approach, including targeted policies, financial incentives, and collaborative efforts between governments, industries, and research institutions. By prioritizing innovation, Europe can pave the way for a more sustainable and circular plastic economy, ultimately benefiting the environment and society at large. r-PET Bottles biodegradability

Bridging the Gap: Addressing Europe's Lag inPlastic Recycling and Packaging Innovation

Chemical recycling China export – China’s Exports Witnessed a Decline : Is this a bad sign for oil? 09-08-2023

r-PET Bottles biodegradability

Chemical recycling China export – China’s Exports Witnessed a Decline : Is this a bad sign for oil? 09-08-2023

Chemical recycling China export

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Toray Advanced Materials Korea Inc. (TAK) finds itself at a pivotal juncture as it contemplates an expansive move in its film production line within South Korea

In a remarkable departure from prevailing trends, the company has chosen to press forward with its ambitious plans, in stark contrast to its contemporaries in the chemical sector who have opted to curtail investments due to an industry-wide deceleration in the face of the ongoing economic downturn. This decision by TAK, despite the prevalent cautionary stance, underscores its resilience and strategic foresight.

Sources entrenched within the chemical industry landscape revealed a noteworthy development. Toray Group, a prominent Japanese chemical conglomerate, through its Korean arm, is meticulously scrutinizing the prospect of channeling investments into augmenting film production lines situated at its facility in Gumi, located within North Gyeongsang Province. Chemical recycling China export

This contemplative move, earmarked for the investment review’s culminating phase, demonstrates Toray’s commitment to redefining the trajectory of its operations, defying the prevalent pessimism clouding the global economic landscape.

In a climate where industry peers have sought refuge in tactics such as divesting their film-centric enterprises or consciously moderating their film line capacities in response to the waning global appetite for televisions and similar appliances, Toray’s unwavering stance to bolster its film business reverberates with strategic acumen. The persistent specter of the economic downturn has cast a pall over the consumer electronics domain, prompting many to adopt a more conservative stance in resource allocation. This prevailing sentiment dictates that during economic upswings, petrochemical entities open their coffers to expand their operational capabilities. However, when confronted with a downturn, they exercise restraint, conserving resources for prospective ventures that lie on the horizon. Chemical recycling China export

This intriguing divergence in Toray’s trajectory gains further significance when examined within the broader context of the Korean chemical landscape. With the rise of their Chinese counterparts as aggressive expansionists, Korean chemical firms have tread cautiously, mindful of their burgeoning capabilities aimed at diminishing their reliance on imports. This stark juxtaposition, marked by China’s unwavering expansionism and Korea’s measured introspection, shapes the foundation upon which Toray’s decision rests.

Taking a step back, Toray Advanced Materials had earlier unveiled a strategic blueprint that echoes its ambitious vision. A comprehensive scheme involving the amplification of annual polyphenylene sulfide (PPS) resin production capacity by a substantial 5,000 tons at its Gunsan facility in North Jeolla Province was put forth in February. This superlative engineering plastic resin, celebrated for its formidable heat resistance, strength, chemical resilience, and processability attributes, is indicative of Toray’s unwavering commitment to pushing the boundaries of innovation and carving out a niche in the competitive chemical market. Chemical recycling China export

In retrospect, Toray Advanced Materials Korea Inc.’s contemplation of an expansive foray into its film line production within South Korea emerges as a decision that diverges from the conventional. Amidst an industry climate riddled with hesitancy and financial prudence in the face of economic adversity, Toray’s resolute stance underscores its strategic resilience. In a milieu where competitors are either retreating from the film sector or cautiously curtailing their capacities, Toray’s forward-looking approach shines as a beacon of determination. This strategic choice, set against the backdrop of Korea’s intricate chemical landscape, resonates with the ongoing expansionist tide of Chinese counterparts and the measured approaches of Korean players. Toray’s pursuit of growth exemplifies its commitment to defying norms and shaping its destiny amidst the complexities of the global economy. Chemical recycling China export

As the chemical industry navigates the crosscurrents of uncertainty, Toray Advanced Materials’ audacious step stands as a testament to the power of strategic sagacity. In a landscape where economic winds blow unpredictably, Toray’s unwavering investment in the future echoes its belief in the promise of innovation and growth.

Chemical recycling China export

China’s exports have experienced a significant downturn, plummeting by 14.5% in July when compared to the same period the previous year

This downturn is placing increased pressure on the ruling Communist Party to take action in order to reverse the ongoing economic decline.

The impact of this decline is widespread, as imports also suffered a substantial drop of 12.4%, as indicated by customs data released on Tuesday. This downturn in imports delivers a blow to global exporters who rely on China as one of the largest markets for a wide array of industrial materials, food products, and consumer goods.

The value of exports in July shrank to $281.8 billion, and this decline gathered pace compared to the previous month’s 12.4% decrease. Concurrently, imports dwindled to $201.2 billion, marking a widening contraction from the 6.8% contraction observed in the preceding month. Chemical recycling China export

These trends have resulted in a significant change in China’s global trade surplus. It has narrowed by 20.4% compared to the same period a year ago, now standing at $80.6 billion, a considerable drop from the record high seen previously.

The Chinese government is now confronted with the challenge of revitalizing both business and consumer activities, following an initially promising rebound after the easing of pandemic-related restrictions in December. However, this revival was short-lived and did not meet expectations.

The economic repercussions are evident, with a decline in economic growth to a mere 0.8% in the second quarter of the year. This is a stark contrast to the 2.2% growth observed in the January-March period, equating to an annual growth rate of 3.2%, a figure that ranks among China’s lowest in the past thirty years.

A contributing factor to this economic slump has been the cooling demand for Chinese exports, stemming from the decision of the Federal Reserve and central banks in Europe and Asia to raise interest rates in an effort to combat inflation that had reached multi-decade highs.

Capital Economics has highlighted that this contraction in exports marks the most significant decline since the initiation of the COVID-19 pandemic in 2020. Notably, this decline is primarily attributed to falling prices, while the volume of goods traded remains above levels recorded before the pandemic outbreak. Chemical recycling China export

Experts anticipate that the decline in exports will persist over the coming months, likely reaching its lowest point by the end of the year. This projection is partly due to the challenging near-term outlook for consumer spending in developed economies.

The Chinese government has outlined plans to support entrepreneurs, stimulate home purchases, and encourage consumer spending. Yet, it has not yet unveiled plans for extensive stimulus spending or significant tax cuts. While these measures are expected to eventually rekindle demand for imports, the recovery is predicted to be gradual.

The deterioration of domestic demand is a pressing concern, prompting David Chao of Invesco to highlight the need for further policy support to invigorate household spending, potentially leading to improved import growth in the forthcoming months.

Specifically, trade dynamics with key partners demonstrate the extent of the challenges faced. Exports to the United States experienced a drastic decline of 23%, amounting to $42.3 billion, while imports of American goods contracted by 11.1% to $12 billion. This shift caused China’s trade surplus with the United States to decrease by 27% to $30.3 billion.

Exports to Russia, largely consisting of oil and gas, experienced a marginal reduction of 0.1% compared to the previous year, totaling $9.2 billion. These imports help counterbalance the loss of revenue caused by Western sanctions imposed due to Russia’s actions in Ukraine.

In contrast, trade relations with the European Union have experienced a significant setback. Exports to the EU plummeted by 39.5% year-on-year, reaching $42.4 billion. Imports of European goods were also adversely impacted, declining by 44.1% to $23.3 billion, causing China’s trade surplus with the EU to contract by 32.7% to $19.1 billion.

In cumulative terms, the first seven months of the year saw Chinese exports decrease by 5% compared to the same period in the previous year, totaling just over $1.9 trillion. Simultaneously, imports were down 7.6%, amounting to $1.4 trillion.

The ramifications of these economic shifts are far-reaching, requiring the Chinese government to implement measures that address the decline in both exports and imports, aiming to foster sustainable economic growth. Chemical recycling China export

Chemical recycling China export

Chemical recycling makes sense whenever mechanical recycling falls short

But: cannibalising of material streams must be avoided

In its ‘Let’s talk about Chemical Recycling” series, the Plastics and Rubber Machinery division of the German VDMA association talks to experts and stakeholders active in the chemical recycling space. Here, Michael Ludden, managing director of Sutco Recycling GmbH stresses the need to regulate material streams: “There must not be a cannibalisation of material flows”. Chemical recycling China export

Mr. Ludden, what potential does chemical recycling have in your view?

The potential is clearly between mechanical processing and energy recovery. When incinerating, only the energy of the plastic waste is used, the material itself is lost; therefore, new material has to be obtained from fossil resources. But unlike mechanical recycling, chemical recycling breaks down these compounds instead of utilising existing polymers as material.

In practice, in which area is it feasible?

For me, chemical recycling becomes feasible whenever mechanical recycling proves difficult. It makes sense to break up the carbon compounds, clean them and polymerise them again. That is not taking place at the moment, however. Unfortunately, the crux of the matter is that chemical recycling currently only deals with reprocessing of polyolefins such as polypropylene and polyethylene. These plastics consist only of chains made up of carbon and hydrogen. The large amount of other plastics that also contain nitrogen, sulphur or oxygen is not the focus of chemical recyclers, because these substances interfere with pyrolysis. However, polyolefins can be processed very well in mechanical recycling. This type of recycling is ecologically much more sensible because the plastics remain intact in their composite structure. Firstly, no material is destroyed, and secondly, fewer resources, less energy and less water are required for reprocessing. If chemical recyclers now also use the material that the mechanical recyclers can process very well, this will lead to a cannibalisation of the material flows.

This must be prevented at all costs. Chemical recycling China export

With which approach?

It is the task of politics to prevent this. In principle, there is a legally defined five-level waste hierarchy. Mechanical recycling is of higher value than chemical recycling. This principle must not be disrupted. Efforts to sync mechanical and chemical recycling are already underway; however, in my view, this is very dangerous, as it would have a considerably negative impact on the environment. However, the environment must always be the main priority.


Chemical recycling China export

The VCI association, representing the German chemical industry, has unveiled its disconcerting findings for the initial half of the year, indicating a severe setback in production

Excluding pharmaceuticals, overall production tumbled by a staggering -16.5% in comparison to the same period in the preceding year. Notably, polymers and petrochemicals bore the brunt of this downturn, plummeting by -19% and -21% respectively. The utilization of production capacities averaged a meager 77%, underscoring the prevalent challenges.

Markus Steilemann, an influential figure as the president of VCI and the CEO of Covestro, succinctly encapsulated the grim reality: “The appetite for chemical products is waning. The statistics from the first half of the year paint a bleak picture, while Germany grapples with non-competitive production costs.” Unfortunately, the forecast remains bleak for the latter half of the year, prompting VCI to revise its 2023 projections downward—anticipating a drop of -8% with pharmaceuticals and a steeper decline of -11% without. With prices languishing, sales are predicted to plummet by -14%. Chemical recycling China export

Expanding on the scenario for the initial half of 2023, the chemical-pharmaceutical sector’s revenues experienced a sharp downturn of -11.5%, amounting to 114 billion euros. This unsettling trend manifested as a -15.5% decrease in the domestic market and a slightly less severe decline of -8.5% internationally.

A comprehensive survey among VCI’s member companies shed light on the alarming challenges faced by the industry. A significant two-thirds of the participating firms reported shrinking profits or even outright losses. This troubling trend is attributed to the unrelenting pressure on prices juxtaposed with sustained high production costs. The situation is further exacerbated by the lackluster demand on global markets, contributing to the prevailing adversity.

However, the specter of a global market recession is not the sole concern plaguing the German chemical industry. Markus Steilemann expounded on the issue, highlighting the dwindling confidence in Germany’s attractiveness as a business destination. This disenchantment is fueled by a combination of exorbitant energy prices, cumbersome taxation, inadequate infrastructure, a scarcity of skilled workers, sluggish digitization efforts, and an overabundance of bureaucratic red tape. Chemical recycling China export

A striking 90% of the survey’s respondents found energy costs to be a hindrance, if not a detriment, when compared on an international scale. Markus Steilemann underscored the significance of competitive electricity costs for the chemical sector, emphasizing that even though they have seen a decrease, they still linger above pre-crisis levels—ultimately impeding those operating within Germany. The sentiment regarding bureaucratic hurdles and regulatory encumbrances has also deteriorated, with a staggering 8 out of 10 respondents considering these factors as detrimental to business in Germany, a threshold not reached in the past.

Markus Steilemann concluded by emphasizing the chemical industry’s pivotal role as the “first domino to swing.” He articulated that if the industry’s prospects falter at the inception of the value chain, a cascade effect could ripple through other sectors. A robust chemical industry is indispensable for Germany’s success in navigating structural transformation. Chemicals serve as the enabler for essential technologies, such as batteries, chips, semiconductors, and the transitions in energy and mobility.

In light of these mounting challenges, VCI is actively urging the government to outline an industrial plan extending until 2030. The objective is to enhance international competitiveness and stave off the relegation of the German industry. As the situation calls for proactive measures, the industry’s plea resonates with the need for a concerted effort to secure a brighter future for Germany’s chemical sector. Chemical recycling China export

The VCI association, representing the German chemical industry, has unveiled its disconcerting findings for the initial half of the year, indicating a severe setback in production

A groundbreaking revelation has emerged from recent research: the potential to harness energy from the atomic motion within a single layer of graphene

This scientific breakthrough could usher in a new era of energy production, particularly in the realm of low-power batteries, holding significant promise for the development of sustainable electronic devices and sensors. The innovative study, carried out by scholars at the University of Arkansas, has successfully engineered a circuit capable of tapping into the energy generated by graphene’s atomic movements, thus setting the stage for potential revolutionary applications. Chemical recycling China export

Graphene, the remarkable substance consisting of a lone layer of carbon atoms, has once again taken the spotlight due to the pioneering work conducted at the University of Arkansas. The research team has designed a circuit that exploits the inherent kinetic energy of graphene’s atoms to produce electricity. While the current energy output remains modest, this technology’s implications are far-reaching, hinting at the prospect of remarkably efficient low-power batteries, a crucial advancement particularly valuable for sensor applications.

Published in the prestigious journal Physical Review E, the study stems from a theory formulated by the same group of physicists. The theory posits that the intricate ripples and movements of individual carbon atoms within graphene can be harnessed to generate energy. Remarkably, this theory challenges established thermodynamic principles, particularly the second law, which asserts that heat naturally flows from a hotter body to a colder one.

Central to this discovery is a complex theoretical framework that challenges traditional conceptions of thermodynamics. In the past, it was widely accepted that deriving usable work from Brownian motion—essentially, the random motion of particles—was an insurmountable feat. However, the researchers defied expectations and achieved a remarkable outcome: at room temperature, the inherent thermal motion of graphene atoms induces an alternating current within the circuit. Chemical recycling China export

To enhance the circuit’s efficiency, the researchers integrated two diodes, which adeptly convert the alternating current into direct current. Strikingly, contrary to initial assumptions, these diodes amplify power output instead of diminishing it. Lead physicist Paul Thibado noted that this ingenious solution led to a notable augmentation in the amount of generated power.

The research has unveiled a symbiotic connection between graphene and the circuit itself. Despite the influence of the thermal environment on load resistance, the material and the circuit maintain equilibrium at the same temperature, with no transfer of heat between them. Furthermore, the gradual, deliberate motion of graphene atoms yields current at low frequencies, thereby augmenting the circuit’s overall efficiency.

A forthcoming challenge involves assessing the viability of storing direct current in a capacitor for future utilization. Should this potential be realized, the door could open for the construction of myriad graphene-based circuits on a single chip—a revolutionary departure from conventional low-power batteries that currently energize small-scale devices and sensors. Chemical recycling China export

This revelation of a circuit capable of harnessing energy from the atomic movements of graphene constitutes a momentous stride in the realm of energy research. Beyond merely demonstrating the feasibility of graphene as an energy generator, this achievement lays the groundwork for prospective practical applications. The impending task involves devising technologies to effectively store the energy generated and the development of expansive circuits on a larger scale. Anticipations are high that this breakthrough will transform the landscape of electronic device power supply, ushering in sustainable solutions characterized by minimal energy consumption and offering a tangible avenue for financial savings.

A groundbreaking revelation has emerged from recent research: the potential to harness energy from the atomic motion within a single layer of graphene

Origin Materials and Terphane have joined forces to advance the development of biaxially oriented PEF (polyethylene furanoate) films, as stated by the companies

Origin Materials, a prominent player in carbon negative materials, is dedicated to facilitating the shift towards sustainable materials globally. Teaming up with Terphane, a division of Tredegar Corporation and a key player in specialty PET polyester films (BOPET), the collaboration aims to create high-performance bio-polymer films with sustainability at their core. Chemical recycling China export

As a pivotal aspect of this partnership, Terphane has inked a multi-year agreement to secure capacity for purchasing the advanced bio-polymer PEF. This innovative material will be employed in a variety of film applications, including packaging for food and beverages, along with high-value industrial uses. These films, referred to as BOPEF (biaxially oriented PEF), and the well-known BOPET (biaxially oriented PET), are recognized for their remarkable attributes such as strength, transparency, barrier capabilities, and electrical insulation.

Rich Riley, Co-CEO of Origin Materials, expressed enthusiasm for collaborating with Terphane, a globally recognized leader in films with a wide-reaching network of customers and partners. The objective is to collectively craft high-performance products that foster the advancement of a net zero material economy. This venture is a significant stride forward in Origin’s commitment to facilitating the world’s transition to sustainable materials. Chemical recycling China export

According to Marcos Vieira, Terphane’s Global Director of R&D, the development of these films holds vital importance in meeting the burgeoning global demand for sustainable flexible packaging solutions. The film, partially composed of PEF, retains all the conventional traits of standard PET films, including the ability for post-consumer recycling. Moreover, PEF boasts exceptional thermal resistance and superior barrier performance, thereby extending the shelf life of packaged goods. Initial tests conducted in the United States have demonstrated the material’s compatibility with extrusion lines.

Origin Materials’ patented technological platform has the potential to revolutionize the commercialization of cost-effective and low-carbon PEF. Derived from furandicarboxylic acid (FDCA), a key precursor to PEF, Origin PEF emerges as a polymer that harmoniously blends sustainability and performance aspects, particularly in packaging, where heightened barrier attributes are essential. Origin’s PEF is projected to be entirely plant-based and fully recyclable, boasting compelling economic viability while significantly reducing carbon footprint.

Its superior strength, thermal properties, and barrier performance outshine those of conventional petroleum-based materials. Chemical recycling China export

It’s worth noting that Origin Materials, a front-runner in carbon negative materials, is steadfast in its mission to drive the global shift towards sustainable materials. A notable partnership milestone was also reached between Origin Materials and Husky Technologies, a pioneering provider of essential solutions to the worldwide community. This milestone pertained to the commercialization of PET (polyethylene terephthalate) infused with the sustainable chemical FDCA (furandicarboxylic acid), targeting advanced packaging and various other applications.

Origin Materials and Terphane have joined forces to advance the development of biaxially oriented PEF (polyethylene furanoate) films, as stated by the companies

Column: Should We Call it Advanced, Chemical, or Molecular Recycling?

What’s in a name? It depends on who you ask, but “advanced” seems to be emerging as the preferred descriptor of a host of new recycling technologies. Let’s find out how the public views them. Chemical recycling China export

Editors at Packaging World have kicked around the idea of standardizing on one descriptor—among advanced, chemical, or molecular—to refer to a host of burgeoning recycling technologies that tend to revolve around (but aren’t limited to) depolymerization via pyrolysis, gasification, or solvents. My instinct was to default to “chemical” recycling, the earliest common descriptor. But “advanced” is an inclusive umbrella term that doesn’t carry the negative connotation baggage that some say the word “chemical” elicits. Meanwhile, “molecular” limits conversation to the depolymerization set of technologies, thus omitting methods like PureCycle polypropylene recovery. As PureCycle’s Matt Cripe explained to me at the recent MRP Solutions Sustainability Summit near Chicago, the tech cleans PP to virgin quality, but it doesn’t break it down to a monomer. Anyhow, PW will hold off on standardizing on a single descriptor for now.

This minor editorial conundrum is a microcosm of the public relations problem faced by advanced recycling (I guess I’m going with “advanced”). A big source of negative press has come from Senator Corey Booker (D-NJ) and other legislators who, in my opinion, have oversimplified pyrolysis and gasification (advanced recycling methods), labeling them as incineration instead of recycling to focus on CO2 byproducts. They aim to convince the Environmental Protection Agency (EPA) to keep considering these techs municipal waste combustion, and thus regulate them under the Clean Air Act. The experts tend to wear down non-expert legislators over time, so I’m hoping a course correction will occur. Or, as my buddy Eric Greenberg suggests on page 42, maybe agencies like the EPA won’t have such sharp teeth before long. Chemical recycling China export

I heard advanced recycling’s PR travails laid bare in Orlando last month at the American Chemistry Council’s Innovation & Circularity Summit, in a panel discussion on the so-called mass balance approach, third-party certification for credibility, and ongoing consumer education.

Advanced recycling technologies often rely on the mass balance approach—a process of describing and accounting for the use of advanced recycled or bio-based feedstock in a final product when both recycled and virgin feedstock, or bio-based and fossil feedstock, have been used in the process. Since advanced recycling is a nascent tech, it’s not often practical for a usage figure to get even close to 100%, given chemically recycled PCR’s scarcity. So the approach is a matter of averages. Some of that chemically recycled material comes into a brand or producer facility, and some of it leaves the facility as packaging. The mass balance just accounts for how much of it is used as a part of the whole. This means the shampoo bottle with a claim that it is made from 30% advanced recycled PCR may not contain any, or perhaps more or less. But the company that produced it is indeed using that percentage of that material over a given product line.

But the mass balance approach and its traceability underpinnings require validation for credibility, said certification provider and converter panelists at the Innovation & Circularity Summit. Chemical recycling China export

Overcoming CPG skepticism of the tech while educating consumers is key, according to early adopter converters who were there, like Berry Global.

To the uninitiated, claims based on technical-sounding terms like the mass balance approach can seem like smoke and mirrors. But other industries have gone through the same rounds of skepticism long before advanced recycling’s (and bio-based plastics’) mass balance approach. Carbon credits and carbon offsets, for instance, or even clean energy credits in powering peoples’ homes, were once seen as a means of fudging the numbers to make unrealistic claims. But as consumers and their energy, travel, and brand suppliers became more acquainted with those concepts, they largely have come around. After some education- and understanding-borne confidence, these systems enjoy widespread credibility today. Chemical recycling China export


Column: Should We Call it Advanced, Chemical, or Molecular Recycling?

Engineering plastics Plastic Waste – Borealis-Backed Waste Management Initiative Achieves Economic Self-Sufficiency in Indonesia 08-08-2023

Chemical recycling China export

Engineering plastics Plastic Waste – Borealis-Backed Waste Management Initiative Achieves Economic Self-Sufficiency in Indonesia 08-08-2023

Engineering plastics Plastic Waste

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Polyplastics, a prominent engineering plastics manufacturer headquartered in Japan, has unveiled a groundbreaking sustainability initiative known as Duracircle

This innovative program marks a significant stride in the realm of recycling engineering plastics, demonstrating the company’s dedication to environmental responsibility. Through the Duracircle initiative, Polyplastics will pioneer a recycling service, slated to commence operations in March 2024. This service empowers Polyplastics’ clientele to contribute to a circular economy by repurposing industrial waste materials generated during their production processes.

Renowned for producing specialty plastics like acetal copolymer (POM), polyphenylene sulfide (PPS), and liquid crystal polymer (LCP), Polyplastics has a far-reaching impact across diverse sectors, including medical, automotive, electrical, and electronic industries. However, the management of plastic waste, especially in these sectors, has posed substantial challenges. Disturbingly, Plastics Recyclers Europe (PRE) has revealed that, of the vast 3 million tonnes of waste originating from electrical and electronic equipment in 2017, a mere 300,000 tonnes underwent recycling within specialized European facilities. This alarming statistic underscores the urgent need for effective recycling solutions within these industries. Engineering plastics Plastic Waste

Polyplastics’ Duracircle recycling service is poised to revolutionize the landscape by introducing a novel approach to plastic recycling. It deviates from traditional methods by embracing the concept of “re-compounding.” This terminology is chosen deliberately to signify its capacity to enable horizontal recycling – an intricate task given the stringent quality requirements of engineering plastics. This approach is tailored to address the unique characteristics of engineering plastics, aiming to preserve their superior quality even in the recycling process.

The recycling process at the core of Duracircle will revolve around pre-consumer materials. Polyplastics intends to harness these materials from the production processes of its customers, encompassing materials that don’t meet conformity standards and excess production components like hot runners. These materials will undergo mechanical recycling, undergoing transformation into premium-grade pellets. These pellets are engineered to be seamlessly reintroduced into the production cycle of the customer’s plants, enabling a closed-loop recycling mechanism.

Polyplastics is keenly aware of the need to maintain the integrity of recycled materials. By using pre-consumer materials, the company can exercise precise control over the traceability of these inputs. This meticulous approach ensures that recycled material remains uncontaminated and adheres to the highest quality standards.

A spokesperson from Polyplastics has stated that they are actively collaborating with customers to develop post-industrial recycling processes, preserving traceability even as they scale up operations to involve multiple customers, factories, or segments.

The Duracircle re-compounding service is designed to encompass a comprehensive range of features beyond the recycling process itself. Engineering plastics Plastic Waste

These include robust quality assurance measures, technical support services, and facilitation in obtaining relevant certifications. By offering these services, Polyplastics aims to streamline the integration of recycled materials into its customers’ production cycles, enabling a seamless transition to sustainable practices.

Polyplastics’ ambitions extend beyond the borders of Japan. While the company has not explicitly specified the markets, it envisions expanding its recycling service to, its global footprint suggests that it’s likely to include regions like China, Malaysia, Taiwan, and Germany, where it operates manufacturing facilities. Furthermore, Polyplastics has set its sights on extending its recycling technologies to post-consumer materials, further amplifying its positive impact on plastic waste reduction.

In essence, Polyplastics’ Duracircle initiative signifies a transformative step forward in the world of engineering plastics. By pioneering a re-compounding service that is focused on quality and sustainability, the company is heralding a new era of responsible plastic waste management. As the initiative takes flight in 2024, it holds the promise of reshaping industrial practices and contributing to a more circular and sustainable future.

Engineering plastics Plastic Waste

Borealis-Backed Waste Management Initiative Achieves Economic Self-Sufficiency in Indonesia

In a significant development, Borealis and Systemiq have jointly announced the successful transition of Project Stop in the Jembrana Regency of Bali, Indonesia, to a state of financial sustainability. Engineering plastics Plastic Waste

This milestone achievement is now paving the way for the project’s management to be handed over to the local government for continued oversight and operation.

The genesis of Project Stop dates back to 2019 when Borealis and Systemiq forged a partnership with the government of Jembrana, a regency situated in the southern region of Bali. Their shared objective was to launch a groundbreaking initiative geared towards curbing waste generation and stemming the flow of plastic waste into the environment. This collaboration, which received funding from the Alliance to End Plastic Waste, bore fruit with the establishment of Project Stop – a comprehensive program focused on tackling the complex issue of plastic pollution and waste leakage.

Indonesia’s alarming standing as the world’s second-largest plastic polluter, trailing only behind China, necessitated swift and innovative action. The United Nations, in a 2020 report, highlighted that the Southeast Asian nation was accountable for an astonishing 3.2 million tonnes of unmanaged plastic waste annually. Shockingly, a substantial portion of this waste – approximately 1.29 million tonnes – was found to find its way into the ocean, exacerbating the global marine pollution crisis. Engineering plastics Plastic Waste

Despite these challenges, Indonesia has undertaken an ambitious commitment to reverse this trend. The nation set forth a roadmap to slash ocean plastic pollution by a remarkable 70% by 2025. This strategy encompasses a multifaceted approach that encompasses reducing plastic production and consumption, minimizing leakage into both terrestrial and aquatic environments, fostering behavioral shifts among citizens, and strengthening financial mechanisms to support these endeavors, with international collaboration serving as a crucial pillar.

The significant strides made by Project Stop in Jembrana have underscored the effectiveness of this collaborative approach. The initiative has facilitated formal waste collection services for over 124,800 individuals, with waste being systematically sorted for recycling and composting at a cutting-edge material processing facility (MRF) located near the Negara municipality. Notably, the MRF boasts an impressive daily processing capacity of 50 tonnes of post-consumer waste, both organic and inorganic. Moreover, the initiative has been a wellspring of economic opportunity, generating 86 permanent jobs within the local community while effectively managing over 12,959 tonnes of waste, including a substantial 1,528 tonnes of plastic. Engineering plastics Plastic Waste

Project Stop has adopted a comprehensive strategy that spans door-to-door campaigns aimed at behavioral change, the distribution of waste bins to encourage pre-sorting at households, and the employment of dedicated waste collectors tasked with transporting sorted waste to the material processing facility.

Nicholas Kolesch, Vice President of Projects at the Alliance to End Plastic Waste, expressed satisfaction at reaching a pivotal juncture in the project’s journey, highlighting its status as one of the early beneficiaries of alliance funding. The momentous achievement of delivering a fully functional and financially viable waste management system to the Jembrana Regency was hailed as a crucial stepping stone in the broader fight against plastic pollution.

The success story in Jembrana echoes the achievements of similar initiatives in Muncar and Pasuruan, which were earlier handed over to local governments for autonomous operation. The outcomes and performance of these projects under local management have yet to be disclosed. Engineering plastics Plastic Waste

The local government of Jembrana, according to Borealis, has wholeheartedly embraced the project’s ethos, embracing full ownership and demonstrating proactive plans for service expansion. The significance of Project Stop extends beyond its immediate impact, serving as a cornerstone for the advancement of circular waste management systems both regionally and nationwide. The learnings derived from Project Stop have already influenced other systems seeking to emulate its achievements.

Project Stop’s inception in 2017 was a collaborative endeavor between Borealis and Systemiq. The initiative enlisted a team of Indonesian experts specializing in waste management, plastic recycling, organic waste handling, behavior modification, and program governance. This team worked closely with local government authorities to conceive and implement a low-cost waste management framework that benefits households and institutions alike. Engineering plastics Plastic Waste

Reflecting on this journey, Thomas Gangl, CEO of Borealis, stressed the success of their cooperative approach. He lauded the collective efforts of partners such as the Alliance to End Plastic Waste, Systemiq, and the Jembrana Regency, which collectively demonstrated the viability of an efficient and cost-effective waste management model. Gangl emphasized that this success served as an inspiration for the alliance to continue scaling waste management systems across Indonesia based on the invaluable lessons derived from Project Stop. Engineering plastics Plastic Waste

The CEO underscored that collaboration remains paramount to expanding waste management solutions for the betterment of communities and the environment, and emphasized that there was no time to waste in this crucial endeavor.

Engineering plastics Plastic Waste

Exploring Synergy Between c and Renewable Energy: Propelling Green Innovations in the Technology Sector

The technology industry is progressively embracing eco-conscious advancements, honing its focus on biobased plastics and renewable energy solutions. This shift towards sustainability serves as both a response to burgeoning environmental concerns and a strategic maneuver to cater to a more environmentally aware consumer demographic.

Biobased plastics, derived from renewable resources like plants, algae, and even bacteria, are emerging as a viable substitute for conventional petroleum-derived plastics. These inventive materials deliver equivalent functionality to their traditional counterparts but with a substantially reduced carbon footprint. The fabrication process of biobased plastics entails converting biomass into bio-polymers, which can be molded into diverse shapes and forms. Engineering plastics Plastic Waste

This approach not only enhances sustainability but also harbors the potential for carbon neutrality, as the carbon dioxide emitted during the breakdown of these materials can be reabsorbed by the very plants utilized in their production.

The tech sector’s intrigue in biobased plastics is unsurprising, given its heavy reliance on plastic components. From smartphones and laptops to wearables and household appliances, plastic pervades the realm of tech products. By adopting biobased plastics, tech enterprises can considerably mitigate their environmental impact while simultaneously appealing to eco-sensitive consumers.

Concurrently with the rise of biobased plastics, the technology sector is intensifying its dedication to renewable energy. Tech titans such as Google, Apple, and Microsoft have made substantial headway in transitioning their operations to renewable energy sources, like wind and solar power. These corporations discern that renewable energy is not only a more sustainable option but also economically viable, harboring the potential for substantial long-term savings. Engineering plastics Plastic Waste

Furthermore, the tech industry is leveraging its inventive prowess to engineer novel technologies capable of harnessing renewable energy more efficiently. Progressions in battery technology, for instance, empower the storage of solar and wind energy for periods when these sources aren’t available. Similarly, enhancements in energy management systems allow tech entities to optimize energy consumption and curb wastage.

The convergence of biobased plastics and renewable energy within the tech sector marks a momentous stride towards a more sustainable future. By embracing these environmentally friendly innovations, tech companies are not only curbing their ecological impact but also laying a positive precedent for other sectors to emulate.

However, it’s crucial to acknowledge that these innovations aren’t devoid of challenges. The production of biobased plastics, for instance, demands substantial biomass volumes, potentially posing risks of deforestation and other ecological concerns if not managed judiciously. Similarly, the transition to renewable energy necessitates substantial investments and infrastructural upgrades. Engineering plastics Plastic Waste

Despite these hurdles, the technology industry’s allegiance to sustainability is palpable. With sustained research and development, biobased plastics and renewable energy possess the capacity to revamp the sector and make notable contributions to global sustainability endeavors. As we progress, it will be captivating to witness the evolution of these environmentally friendly innovations, shaping the trajectory of the technology industry.

Engineering plastics Plastic Waste

Plastic Waste Management – Collaboration is Key

Plastic waste has become one of the most pressing environmental challenges of our time. With millions of tons of plastic waste being generated each year, finding effective and sustainable solutions for its management is critical. Greenback Recycling Technologies, a UK-based company, has taken a significant step forward in addressing this issue with its innovative chemical recycling approach. The company has developed decentralised small-scale modular units that can be deployed locally to process plastic waste efficiently.

Greenback’s first fully commercial-scale recycling plant was established in Mexico in collaboration with Nestlé Mexico, marking a successful milestone. Now, the company is set to expand its operations by constructing a second unit at the same location, with the support of the Alliance to End Plastic Waste (AEPW). This partnership aims to increase capacity to handle up to 6,000 tonnes of plastic waste, making a significant impact in the fight against plastic pollution. Engineering plastics Plastic Waste

Philippe von Stauffenberg, CEO and founder of Greenback, and Nicholas Kolesch, the AEPW’s vice president of Projects, spoke about the collaboration and the technology behind Greenback’s approach. The company’s modular units use microwave-induced pyrolysis, a process developed by Enval, to break down plastics into solid, liquid, and gaseous components. The gas produced is harnessed for power generation, minimizing CO2 emissions and energy usage. Moreover, the process is versatile, capable of handling a wide array of complex plastic packaging materials.

One of the advantages of Greenback’s technology is its potential to produce pyrolysis oil suitable for creating food-grade plastics. The company is actively working with the petrochemical industry to ensure that the pyrolysis oil can be utilized in this manner. Although the current production volume of pyrolysis oil may be limited, future plans include scaling up to achieve 100% recycled content plastics.

The collaboration between Greenback and the AEPW highlights the importance of partnerships in tackling plastic waste management effectively. The AEPW, as a non-profit organization, provides critical support through funding, technical expertise, and knowledge sharing. By fostering collaboration and bringing innovative solutions to the table, the AEPW aims to create a circular economy for plastics and ultimately end plastic waste in the environment. Engineering plastics Plastic Waste

Moreover, Greenback’s approach emphasizes trust and traceability in the recycling process. The company has developed eco2Veritas™, a blockchain-based system that ensures complete transparency and certification throughout the recycling value chain. This system not only verifies the authenticity of recycled content but also enables voluntary extended producer responsibility arrangements with brand owners.

The success of Greenback’s technology can help drive demand for recycled plastics, especially for lower value plastics that are often overlooked. By creating a market for flexible plastics, these materials can be diverted from landfills or incineration, significantly reducing their environmental impact.

Looking ahead, Greenback plans to expand its operations to various regions worldwide, creating a network of collection and recycling plants near sources of plastic waste. With the AEPW’s support, the company aims to realize these ambitious plans and scale up innovative solutions for plastic circularity on a global scale.

In conclusion, plastic waste management requires collaborative efforts from various stakeholders, including innovative companies like Greenback and supportive organizations like the AEPW. By embracing technological advancements and promoting sustainable practices, we can work together to tackle the plastic waste crisis and create a cleaner and greener future for our planet. Engineering plastics Plastic Waste

Plastic Waste Management - Collaboration is Key

Resin Price Erosion May Have Hit Bottom

The resin markets turned tepid the last full week of July, reports the PlasticsExchange in its Market Update. The flow of fresh railcar offers that had been slowing the past couple of weeks dried up to a mere trickle and asking prices came in a couple cents higher than recent levels. Engineering plastics Plastic Waste

While demand was not gangbusters, a steady stream of orders came through, some for normal monthly quantities, some to fill in for late railcars — which seems to have become another norm — while others sought to score some great month-end deals to replenish resin stocks. Some buyers had unrealistic expectations that the market would just continue lower, but the price erosion seems to have stopped.

Possible steep rise in PE export prices

Producers have indicated that their polyethylene (PE) export prices would rise by $0.03 to 0.05/lb in August on the heels of strong demand and limited availability. Consequently, resellers pulled back some offers while others raised prices by a few cents. The PlasticsExchange said it had a hard time replacing the resin that it sold last week, and its asking prices for both PE and polypropylene (PP) rose a penny, pretty much across all grades. After an extended period of de-stocking, resin inventories have tightened up throughout the supply chain.

“We have been vocal that a bottom could be forming and have nearly doubled our market-making inventory during July, citing more upside potential than downside risk from this level,” writes the PlasticsExchange in its weekly update. Engineering plastics Plastic Waste

PE trading activity was good, but completed volumes only finished average. Transactions were spread among high-density and linear-low-density PE and EVA resins, with a little low-density (LD) PE thrown in for good measure. Fresh railcar offerings were light, and hard searches through the reseller community also revealed limited availability. Some of the PlasticsExchange’s typical suppliers turned around and instead asked it for resin.

Prime PE prices rose one cent nearly across the board, though LDPE for injection, which is still mostly tight, trimmed a cent toward realigning with other grades. Outside of the usual export opportunities to Latin America and Asia, interest from Europe has also started to emerge. July PE contracts have mostly been agreed at a three-cent decrease, but have not been finalized. If contracts do peel off the three, it will bring contracts back to steady for the year after rising $0.06/lb in Q1 and receding $0.03/lb in Q2.


Resin Price Erosion May Have Hit Bottom

Aquafil Spa, a leading company in the industry, has experienced a decline in revenues during the first half of the year, reporting a decrease of 11 percent compared to the same period in the previous year

The dip in revenues can be attributed to a combination of factors, including reduced quantities sold and a decline in sales prices. Engineering plastics Plastic Waste

The decrease in quantities sold was a significant contributing factor to the overall revenue decline. Quantities sold during the first half of this year were 11 percent lower than in the same period last year. This reduction in demand was a result of various factors, including a slowdown in end consumption and the process of inventory reduction by customers. The European reference context, in particular, proved to be more challenging than expected during the second quarter, leading to a sudden and marked reduction in demand.

Moreover, the decline in sales prices also impacted the company’s revenues. The sales prices were adjusted to align with the lower prices of raw materials and other cost factors, especially energy and transportation costs. The market’s general weak situation also played a role in the decrease, as it caused a sharp decline in raw material prices, which returned to mid-2021 levels. As a result, the selling prices of Aquafil had to follow this trend, leading to a temporary worsening of margins due to the high unit carrying value of inventories formed in the previous year.

Despite the challenging market conditions in Europe, the company managed to maintain satisfactory numbers in the U.S. and Asia Pacific regions. Demand and quantities sold in these regions were in line with the previous year’s figures, providing some stability for the company. Engineering plastics Plastic Waste

One positive development during the first half of the year was the progress in the engineering plastics project. Despite the weak market conditions, the project is moving steadily towards its set targets and is expected to achieve its goals within the fiscal year. This progress is a promising sign for the company’s future growth.

Looking ahead, Aquafil expects an improvement in demand from the BCF (Bulk Continuous Filament) sector in the EMEA (Europe, Middle East, and Africa) region during the summer. The inventory reduction in this sector is anticipated to be mostly completed, which should lead to increased demand and potentially improved revenues.

To address the challenges posed by the market conditions and to ensure financial stability, Aquafil has undertaken major debt containment initiatives. These initiatives began in the previous year and have focused on rationalizing working capital and completing the investment cycle that started in past fiscal years. These efforts are aimed at maintaining a strong financial position and supporting the company’s growth in the long term.

In conclusion, Aquafil Spa faced a challenging first half of the year, with declining revenues due to reduced quantities sold and lower sales prices. The European market proved to be particularly difficult, impacting demand and raw material prices.

However, the company has shown resilience in other regions and made progress in its engineering plastics project. With ongoing debt containment initiatives and a focus on financial stability, Aquafil aims to navigate these challenges and continue to grow in the future. Engineering plastics Plastic Waste

Aquafil Spa, a leading company in the industry, has experienced a decline in revenues during the first half of the year, reporting a decrease of 11 percent compared to the same period in the previous year

How additive manufacturing is disrupting the injection moulding industry

Read on to discover how additive manufacturing can disrupt the injection moulding industry.

Next, as metal moulds are cut with extremely accurate CNC systems, the moulds can be fabricated with exact precision and with incredibly smooth surface features. This is essential when producing parts with high tolerances consistently.

Metals are great for thermal conductivity, which means that the heat from the injected plastic can be dissipated quickly, allowing the mould to cool down faster. Faster cooling means faster cycle times, and more parts can be produced for a given time when compared to moulds made from materials with low thermal conductivity.

Finally, metal moulds are highly versatile, meaning they can fabricate a diverse range of products, ranging from small components such as phone cases to larger, complex parts such as vehicle dashboards. Engineering plastics Plastic Waste

As a result, injection moulding is suitable for a wide variety of industries, including automotive, consumer goods, medical, and aerospace.

Of course, all of these benefits come at a cost. That cost is calculated based on multiple factors, with the most significant factors being the area of the mould base and the complexity of the part being moulded, the latter being related to the number of surfaces (or machining operations) required to get the mould formed to the correct shape.


How additive manufacturing is disrupting the injection moulding industry

Petrochemicals oil output – Will Saudi Arabia’s cut in oil production take oil above $100/barrel? 07-08-2023

Engineering plastics Plastic Waste

Petrochemicals r-PET adipic-acid – Can the car help the environment with the recycling of plastic? 07-08-2023

Petrochemicals r-pet adipic-acid

Petrochemicals r-pet adipic-acid

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – My66 – PP
  • Feedstocks : PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber  

Petrochemicals r-pet adipic-acid

ITEM 31/07/2023 07/08/2023 +/-
Bottle grade PET chips domestic market 7,200 yuan/ton 7,050 yuan/ton -150
Bottle grade PET chips export market 915 $/ton 905 $/ton -10
Filament grade Semidull chips domestic market 6,900 yuan/ton 6,800 yuan/ton -100
Filament grade Bright chips domestic market 6,920 yuan/ton 6,830 yuan/ton -90
Pure Terephthalic Acid PTA domestic market 6,035 yuan/ton 5,810 yuan/ton -225
Pure Terephthalic Acid PTA export market 800 $/ton 800 $/ton
Monoethyleneglycol MEG domestic market 4,130 yuan/ton 3,995 yuan/ton -135
Monoethyleneglycol MEG export market 484 $/ton 467 $/ton -17
Paraxylene PX FOB  Taiwan market

Petrochemicals r-pet adipic-acid

1,097 $/ton 1,055 $/ton
Paraxylene PX FOB  Korea market 1,074 $/ton 1,032 $/ton -42
Paraxylene PX FOB EU market 1,190 $/ton 1,200 $/ton +10
Polyester filament POY 150D/48F domestic market 7,680 yuan/ton 7,670 yuan/ton
Recycled Polyester filament POY  domestic market 7,250 yuan/ton 7,350 yuan/ton +100
Polyester filament DTY 150D/48 F domestic market 9,225 yuan/ton 9,225 yuan/ton
Polyester filament FDY 68D24F

Petrochemicals r-pet adipic-acid

8,800 yuan/ton 8,800 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,350 yuan/ton 8,350 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,500 yuan/ton 7,350 yuan/ton -150
Caprolactam CPL domestic market 12,850 yuan/ton 13,150 yuan/ton
Caprolactam CPL overseas  market 1,550 $/ton 1,550 $/ton
Nylon 6 chips overseas  market 1,740 $/ton 1,740 $/ton
Nylon 6 chips conventional spinning domestic  market 13,400 yuan/ton 13,700 yuan/ton +300
Nylon 6 chips  high speed spinning domestic  market

Petrochemicals r-pet adipic-acid

14,000 yuan/ton 14,500 yuan/ton +500
Nylon 6.6 chips domestic  market 18,000 yuan/ton 18,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,100 yuan/ton 16,600 yuan/ton +500
Nylon6 Filament DTY 70D/24F domestic  market 18,350 yuan/ton 18,800 yuan/ton- +450
Nylon6 Filament FDY  70D/24F  16,800 yuan/ton 17,500 yuan/ton +700
Spandex 20D  domestic  market

Petrochemicals r-pet adipic-acid

36,500 yuan/ton 36,500 yuan/ton
Spandex 30D  domestic  market 35,000 yuan/ton 35,000 yuan/ton
Spandex 40D  domestic  market  31,500 yuan/ton 31,500 yuan/ton
Adipic Acid domestic market 9,500 yuan/ton 9,800 yuan/ton +300
Benzene domestic market

Petrochemicals r-pet adipic-acid

7,465 yuan/ton 7,750 yuan/ton +285
Benzene overseas  market 873 $/ton 905 $/ton +32
Ethylene South East market 770 $/ton 810 $/ton +40
Ethylene NWE market 644 $/ton 620 $/ton -24
Acrylonitrile ACN  domestic market

Petrochemicals r-pet adipic-acid

7,900 yuan/ton 8,400 yuan/ton +500
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 13,600 yuan/ton 13,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,600 yuan/ton 12,500 yuan/ton -100
PP Powder domestic market

Petrochemicals r-pet adipic-acid

7,100 yuan/ton 7,200 yuan/ton +100
Naphtha overseas market  639 $/ton 653 $/ton +14
Phenol domestic market 8,225 yuan/ton 8,100 yuan/ton -125


r-PET high end eco-friendly chips =7,950 yuan/ton 7,750 yuan/ton   -200

Petrochemicals r-pet adipic-acid

Toray to move into battery separator business

Toray Advanced Materials Korea Inc., a South Korea-based producer of chemical materials and technology products, is entering the battery separator film business through the acquisition of Toray Battery Separator Film Korea (Toray BSF Korea), said Kedglobal.

The company announced on Thursday that it has reached an agreement to acquire a 70% stake of Toray BSF Korea, which is currently owned by Toray Industries of Japan.

Located in Gumi, North Gyeongsang Province, Toray BSF Korea is a specialized manufacturer of separators, one of the four key materials for batteries, and a core production base for Japan’s Toray. Petrochemicals r-pet adipic-acid

The company has a diverse product portfolio for electric vehicles, electronic devices, industrial components and energy storage, supplying separators to battery manufacturers both domestically and internationally.

Toray Advanced Materials has a range of advanced materials businesses related to electric vehicles and next-generation mobility, including specialty films for multilayer ceramic capacitors (MLCCs) in electric vehicles, aramid for motor insulation and nonwoven fabrics for electric vehicle sound absorption.

We remind, Toray Advanced Materials Korea (TAK) has announced plans to increase its annual production capacity of polyphenylene sulfide (PPS) resin by 5,000 tons. The expansion will take place at the Gunsan plant located in Saemangeum Industrial Complex and is set to be completed by 2024, bringing TAK’s total annual capacity to 13,600 tons, the largest in South Korea. TAK will also raise its capacity for sodium sulfide, the main raw material for PPS resin, to 4,800 tons per year. Petrochemicals r-pet adipic-acid


Toray to move into battery separator business

How the Auto Industry Is Embracing Plastic Recycling

The dual needs to reduce the consumption of new resources in creating plastic products and to reduce the eventual creation of plastic waste when products have been used drive the pursuit of recycled materials in the auto industry.

Plastics are pervasive in modern vehicles, creating the opportunity for significant reuse of plastic. We’ve seen this in the case of the Ford Bronco Sport, which employs recycled plastic from recovered fishing nets in its wiring harness clips. The aim is to expand use of the material into other applications such as engine covers. The ultimate potential is for as much as 700 lbs. of plastic per vehicle to be created from recycled materials, according to Ford technical expert Alper Kiziltas, with about 10 percent of that eligible to be made using the recycled fishing net material. Petrochemicals r-pet adipic-acid

Reusing Wreckage

Some more visible applications of recycled plastics in new automotive parts are in the cars’ interiors, where consumers will see the materials during every drive. Audi has partnered with LyondellBasell, the world’s largest producer of polymer products, to produce plastic seat belt buckle covers for the Q8 e-tron EV using plastic recovered from parts of crashed Audis.

“As part of the PlasticLoop project, we are working with Audi to establish an innovative closed-loop process, recycling plastic automotive parts for use in new vehicles,” said Erik Licht, LyondellBasell Advanced Polymer Solutions New Business Development Director. “For the first time, we are using chemical recycling to recycle mixed automotive plastic waste into plastic granulate for automotive interior applications,” he said. “The plastic granulate is then used in the production of the seatbelt buckle covers for the Audi Q8 e-tron.”

“We want to use secondary material wherever it is technically possible, ecologically feasible, and of course, environmentally friendly,” said Philip Eder, project manager for circular economy procurement strategy at Audi.

“Recycling is not that easy, because as you can imagine, if something is mixed up, it is not that easy to separate it again.”  Petrochemicals r-pet adipic-acid

PET Water Bottles

The polyethylene terephthalate (PET) plastic used in plastic bottles is a more homogenous source of post-consumer plastic that Audi is also using. The company uses that PET in combination with residual textiles, and fabric selvages recovered from manufacturing plants to create Kaskade, a new fabric material that provides the soft surface and three-dimensional texture of natural fiber materials such as wool.

Kaskade cannot be made from entirely recycled materials, but the company strives to maximize the recycled portion of the material mix, reports Christine Maier of Audi Design. “We used only as much new polyester and as many new resources as was technically necessary,” she said. “The result is a fabric that is reminiscent of wool and natural fibers, and has a very pleasant feel.”

The recovered selvage fabric comes from a plant making automotive products, so the material is already automotive-grade. Audi separates these into black and white components, using them to create an anthracite-colored blend that requires no additional dye. “We leave out another chemical process, which is better for the environment,” noted Maier. Petrochemicals r-pet adipic-acid

Audi said that the company strives to procure well-sorted PET waste that is of high purity and then they process to avoid any minor impurities in the filament process. This could result in fiber inhomogeneity and potentially make the fabric unattractive. An advantage of using recycled PET is that it is abundant, which is an important consideration for an industry still bedeviled by supply headaches.

Finding the Right Mix

The selvage material, PET, and new polyester combine to create new yarn that is used to make the Kaskade seat cover fabric. The final product contains 15 percent selvage material, 35 percent PET, and 50 percent new polyester. “We performed a lot of tests to see how high the portion of selvages can be while ensuring the fabric still looks flawless,” Maier explained.

Audi started making seat covers using recycled materials for the fourth-generation A3. Those seat covers contain as much as 89 percent recycled material, using plastic from 45 1.5-liter PET plastic bottles. Then there are the additional 62 PET bottles that are recycled for the car’s carpet. Petrochemicals r-pet adipic-acid

The carpeting and floor mats in the Audi e-tron GT are made of Econyl – a material that consists of 100 percent recycled nylon fibers from production waste, fabric and carpet scraps, or old fishing nets.

Audi acknowledges that one of the hurdles en route to a circular economy is that the cost of these recycled materials is higher than for virgin materials. Energy consumption in the process is about the same as for virgin materials, so efficiency is not an obstacle, according to the company.

Faurecia’s Seat for the Planet

Auto industry supplier Faurecia aims to use recycled materials throughout the entire seat and to make those same materials easier to separate at the seat’s end-of-life for future reuse and recycling. The company’s “Seat for the Planet” is a project that has created a lightweight seat that is about 15 percent lighter than a conventional seat

It is made from ten modules each made entirely of a single material, made from bio-sourced or recycled materials, or from materials that are compatible for recycling, according to project manager Marthin Frétigné. Petrochemicals r-pet adipic-acid

Conventional seats are made using between 100 and 150 separate parts. The polyurethane used in seat cushions is especially challenging to replace with something earth-friendly. “This material performs well but is very difficult to recycle” said Frétigné. “So we had to replace it with a technical solution called Auraloop, incorporating high-performance PET combined with a new transformation process”.


How the Auto Industry Is Embracing Plastic Recycling

Petrochemicals oil output – Will Saudi Arabia’s cut in oil production take oil above $100/barrel? 07-08-2023

Petrochemicals oil output

Petrochemicals r-PET adipic-acid – Can the car help the environment with the recycling of plastic?


Petrochemicals oil output

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Oil prices experienced a significant surge in the current week due to the latest announcement from Saudi Arabia regarding yet another round of production cuts

The kingdom’s decision to reduce its oil production by one million barrels per day in September came after implementing similar cuts in both July and August. This move sent shockwaves through the oil market, leading to a 1.9% increase in U.S. crude prices, which reached a substantial $83.08 per barrel. The price of Brent crude, traded in London, also rose by 1.6% to $86.53 per barrel, marking its highest level since April.

Throughout the week, the U.S. crude benchmark experienced a notable 3% rise, while Brent crude saw an increase of almost 2%. This upward trend in oil prices brought optimism to some investors, but market analysts expressed caution, particularly regarding Russia’s pledge to cut exports by 300,000 barrels per day. Russia has a history of not fully adhering to its promised production cuts, and this skepticism influenced the outlook on oil prices. Petrochemicals oil output

Sunil Kumar Dixit, a technical chartist, shared his analysis, suggesting that the recent rally in oil prices could soon lose momentum. Dixit pointed to potential resistance levels at the 100-day simple moving average of $85.45 and the monthly middle Bollinger band of $86.90. Despite these potential hurdles, he still believed there was room for some short-term upside momentum.

As the market continued to monitor developments, some experts anticipated a correction in oil prices that might provide an opportunity for a renewed rally. Key indicators for such a correction included a drop below the 5-day exponential moving average of $81.45, signaling possible exhaustion in the upward trend.

The subsequent OPEC+ meeting, conducted via Zoom, was relatively uneventful, given that Saudi Arabia had already announced its production cut prior to the meeting. Nevertheless, the market remains closely tied to OPEC’s decisions and any potential future reductions in oil production. Petrochemicals oil output

Looking ahead, global oil prices are expected to remain volatile as they are subject to a myriad of factors, including geopolitical tensions, supply-demand dynamics, and the ongoing energy transition. Concerns over the stability of some oil-producing regions and the potential impact of unforeseen events, such as natural disasters or political crises, further contribute to the uncertainty surrounding oil prices.

Investors and industry players are keeping a close eye on OPEC’s actions, as the organization plays a significant role in influencing oil prices through its decisions on production levels. Any deviations from OPEC’s projected production targets could result in market fluctuations and price volatility.

Moreover, the global transition towards cleaner and renewable energy sources is an essential factor shaping the future of the oil market. As countries strive to reduce their carbon footprints and implement more sustainable practices, the demand for fossil fuels may gradually decrease, putting additional pressure on oil prices.

In conclusion, the recent surge in oil prices following Saudi Arabia’s production cut announcement has brought both hope and caution to the market. While some anticipate continued momentum in the short term, others remain skeptical due to potential resistance levels and concerns over Russia’s compliance with production cuts. The market’s performance in the coming weeks and months will largely depend on OPEC’s decisions and how various geopolitical and environmental factors unfold. Investors and stakeholders should brace themselves for continued volatility and closely monitor developments to make informed decisions in this ever-changing landscape of the global oil market. Petrochemicals oil output


Petrochemicals oil output

ADBioplastics, a Spain-based additives and bioplastics manufacturer, has made significant strides in the development of sustainable packaging solutions

Among its innovations is a bioplastic called PLA-Premium, which boasts improved processability and is 100% compostable under industrial conditions, similar to regular PLA. This achievement has been recognized and certified by TÜV Austria, affirming that the single-use product will disintegrate within a mere three months.

The rising awareness of environmental concerns, coupled with the European Union’s plastics strategy demanding that all packaging be reusable or recyclable by 2030, has spurred manufacturers to explore bio-based and compostable alternatives to conventional oil-based plastics in the packaging industry. Petrochemicals oil output

Polylactic acid (PLA) has emerged as a popular bioplastic choice, typically derived from renewable sources such as corn, sugarcane, or beets. However, PLA requires a thermal trigger of at least 50°C to initiate degradation, making it practically non-biodegradable in landfill or marine environments.

To address this limitation, ADBioplastics has introduced its industrially compostable PLA-Premium. The company achieved this breakthrough by incorporating an impact modifier called ADBio PLA+ into virgin PLA, enhancing the material’s processing properties. In a collaboration with Capricho Andaluz, a subsidiary of Borges International Group and a renowned oils and dressings producer, ADBioplastics is now manufacturing single-serve packaging for extra virgin olive oil using their new bioplastic.

In their official statement, ADBioplastics confirmed that these single-use products will be initially marketed under the Capricho Andaluz and Borges brands, with plans to introduce new references to the market in the near future. With TÜV Austria’s certification for industrial compostability, PLA-Premium can be disposed of in organic waste bins and treated at industrial composting facilities where available, ensuring a sustainable end-of-life scenario. Petrochemicals oil output

ADBioplastics offers a variety of PLA-Premium grades, catering to different industrial applications of extrusion and injection. The material demonstrates up to a 70% improvement in elongation at break compared to virgin PLA, yielding a more elastic and less brittle end product. Moreover, PLA-Premium boasts cycle times and density comparable to polyethylene terephthalate (PET) while maintaining a similar level of transparency, making it suitable for various packaging applications in the food, beverage, cosmetic, pharmaceutical, and other industries.

Crucially, PLA-Premium complies with the applicable European legislation, allowing its safe use in food contact applications. This significant advantage further reinforces its viability for a wide range of packaging uses, meeting both sustainability and regulatory requirements.

As ADBioplastics forges ahead with its commitment to environmentally friendly solutions, the introduction of PLA-Premium has the potential to revolutionize the single-use packaging landscape. By offering an industrially compostable alternative to conventional plastics, the company contributes to reducing the environmental impact of packaging waste and aligns with the EU’s sustainability goals. Petrochemicals oil output

In conclusion, ADBioplastics’ development of PLA-Premium, an industrially compostable single-use packaging material for olive oil and other applications, marks a significant step towards a more sustainable future. With TÜV Austria certification and compliance with European legislation for food contact, PLA-Premium presents a promising alternative to traditional plastics, contributing to the global efforts to mitigate plastic pollution and promote eco-friendly practices in the packaging industry.

Petrochemicals oil output

Stellantis, the giant born from the merger of FCA and PSA, has envisioned a brilliant idea that could revolutionize the automotive industry – the transformation of hybrids into biofuels

In Brazil, this visionary concept has come to life through the introduction of the new Bio-Hybrid engines, featuring mild hybrid, full hybrid, and plug-in systems.

At the forefront of this groundbreaking technology is the Bio-Hybrid, a remarkable innovation that electrifies existing flex engines, which can run on petrol or ethanol, or a combination of both fuels. This cutting-edge engine technology was unveiled at the Betim automotive hub in the Brazilian state of Minas Gerais. The development of Bio-Hybrid technology originated in Brazil, fostered by the collaborative platform “Bio-Electro,” involving Stellantis’ Tech Center for South America, suppliers, researchers, and other partners. Petrochemicals oil output

Stellantis has introduced three distinct Bio platforms in Brazil, all supplemented by a fourth, fully electric architecture:

  1. Bio-Hybrid Technology: This platform features a multifunctional electrical device that replaces the alternator and starter motor, generating additional torque for the internal combustion engine and energy for a small 12-volt lithium-ion battery. These advancements lead to enhanced performance and reduced fuel consumption, with an impressive power output of up to 3 kW.
  2. Bio-Hybrid e-DCT: This platform integrates two electric motors – the first replaces the traditional alternator and starter motor, while the second, larger motor couples with the transmission. Together, they power a 48-volt battery, providing a higher level of electrification.
  3. Bio-Hybrid Plug-in: Equipped with an accumulator rechargeable via regenerative braking, the internal combustion engine, or an external source, this platform incorporates an electric motor that directly supplies energy to the car’s wheels.

The primary focus of Stellantis’ Bio-Hybrid concept is to address Brazil’s unique circumstances and work towards decarbonization in the country. Brazil stands out as a nation where ethanol is already used in 80% of the vehicle fleet, thanks to Flex Fuel technology. Stellantis recognizes that ethanol, when combined with electrification, can significantly contribute to reducing CO2 emissions. Moreover, this combination represents a competitive and cost-effective alternative for decarbonizing transportation, especially compared to full electric vehicles that can still be expensive in developing countries like Brazil and other South American states. Petrochemicals oil output

To validate the potential of this innovative technology, Stellantis conducted dynamic tests with a vehicle powered by four distinct energy sources. The results were striking, indicating that ethanol propulsion emits 18% less CO2 than a comparable electric vehicle powered by European energy sources, and it is also 60% cheaper than using petrol.

The introduction of the Bio-Hybrid engines in Brazil marks a significant milestone in Stellantis’ commitment to sustainability and environmental responsibility. By leveraging the country’s existing ethanol infrastructure and integrating advanced electrification solutions, Stellantis is paving the way for a cleaner and more efficient future of transportation.

In conclusion, the emergence of Stellantis’ Bio-Hybrid technology in Brazil represents a game-changing step towards decarbonization and sustainable mobility. By harnessing the power of biofuels and advanced electrification, Stellantis is proving that innovation and collaboration can drive positive change in the automotive industry, benefitting both the environment and consumers alike. As this visionary concept gains traction, it has the potential to reshape the global automotive landscape and lead the way towards a greener and more sustainable future for all. Petrochemicals oil output

Stellantis, the giant born from the merger of FCA and PSA, has envisioned a brilliant idea that could revolutionize the automotive industry - the transformation of hybrids into biofuels

Driving Sustainability in India: Insights from Sulzer Chemtech Leadership at Pune Customer Engagement Evening

In an era marked by heightened environmental awareness and the urgent need to address carbon emissions and resource depletion, industries worldwide are facing increasing pressure to adopt sustainable practices. In India, a country with a plethora of heavy industries, the imperative to track carbon footprints and embrace sustainability has become even more critical. Recognizing this need, Sulzer Chemtech organized the Customer Engagement Evening in Pune on the 18th of July 2023, focusing on the theme of enabling a low-carbon society. The event brought together industry professionals, including Sulzer leadership and prominent figures, to discuss sustainable innovations and energy transitions within and beyond India. Petrochemicals oil output

Dr. Uwe Boltersdorf, the Division President of Sulzer Chemtech, emphasized the significance of political measures and regulations to drive holistic sustainability in India. He advocated for imposing appropriate regulations on heavy industries while incentivizing them, leading to a win-win situation for corporations, citizens, and the government. Drawing inspiration from Europe’s success, Dr. Uwe proposed that India could adopt similar measures to encourage the manufacturing of bio-based and biodegradable products, with Sulzer Chemtech’s support in implementing modern technologies.

During the event, Dr. Sander van Donk, the Global Head of Mass Transfer Components and Services at Sulzer Chemtech, shed light on how India can benefit from Sulzer’s CCUS (carbon capture, utilization, and storage) solutions. He explained the company’s equipment designed to absorb carbon dioxide from emissions, particularly in industries like cement manufacturing and power generation that contribute significantly to India’s carbon footprint. By capturing and storing carbon in a manner that facilitates the development of beneficial resources, Indian industries can reduce their reliance on precious natural resources and embrace sustainability.

Mr. Pramod Khade, Head of Sulzer India Pvt Ltd, celebrated India’s potential and talent. He proudly announced that Sulzer Chemtech India not only ranks among the largest exporters of chemicals but also boasts a wealth of talent. With the Indian workforce’s inherent eagerness to learn and their relentless dedication, training and nurturing Indian talent to become global industry leaders is a rewarding endeavor for the company.

Sulzer Chemtech’s Customer Engagement Evening served as a platform for disseminating awareness about the importance of sustainability and fostering collaborative efforts to address environmental challenges. As global corporations seek to align themselves with sustainable practices, Sulzer Chemtech’s commitment to driving positive change in India’s industrial landscape was evident throughout the event. Petrochemicals oil output

The discussions and insights presented during the evening underscored the urgent need for a collective commitment to reducing carbon footprints and implementing sustainable practices in India’s industries. The event’s emphasis on political measures and regulations echoes the sentiment that governments must play a pivotal role in steering industries towards a greener future.

The spotlight on Sulzer’s CCUS solutions demonstrated that innovation and technology can serve as powerful allies in the fight against climate change. By capturing and repurposing carbon emissions, Indian industries can make significant strides towards reducing their environmental impact.

Moreover, Mr. Pramod Khade’s acknowledgment of India’s abundant talent pool showcased the country’s potential to not only become a global player in industries but also to lead sustainable initiatives. The combination of talent and innovative solutions offered by Sulzer Chemtech holds the promise of transforming India’s industrial landscape into a beacon of sustainability.

The Sulzer Chemtech Customer Engagement Evening in Pune stands as a testament to the company’s commitment to promoting sustainable practices in India and beyond. By fostering dialogue and collaboration among industry leaders, the event has undoubtedly sparked a renewed sense of purpose in driving the nation towards a greener, more sustainable future. Petrochemicals oil output

As industries worldwide grapple with the challenge of balancing growth with environmental responsibility, events like these serve as crucial stepping stones towards a brighter and more sustainable tomorrow. The exchange of ideas, expertise, and experiences at the Customer Engagement Evening undoubtedly contributed to the collective effort to create a low-carbon society for the betterment of all. Sulzer Chemtech’s leadership in organizing and participating in such initiatives demonstrates its dedication to being a catalyst for positive change in the realm of sustainability and environmental stewardship.

Driving Sustainability in India: Insights from Sulzer Chemtech Leadership at Pune Customer Engagement Evening

The Future of Reusable and Refillable Packaging: Overcoming Challenges for Sustainable Growth

The push for sustainability has driven global brands to adopt strategies aimed at reducing their usage of virgin plastics. Reusable and refillable packaging is one such approach gaining attention, with companies like Nestle, PepsiCo, Mars, P&G, Coca-Cola, and Kraft Heinz leading the charge. Despite its promise, this innovative packaging concept faces challenges in meeting consumer expectations and achieving widespread adoption. Smithers, a US-based consultancy firm specializing in the packaging, paper, and print industries, sheds light on the five key strategies being deployed by these brands to achieve their plastic reduction goals and explores the future prospects of reusable and refillable packaging. Petrochemicals oil output

The Quest for Plastic Reduction

In response to mounting pressure to curb plastic waste, global brands have been exploring various strategies to achieve their plastic reduction goals. Smithers highlights five primary approaches:

  1. Switching to Fiber-Based or Biodegradable Packaging: Some companies have started transitioning from traditional plastics to more eco-friendly alternatives, such as fiber-based or biodegradable materials.
  2. Increasing Post-Consumer Recyclate (PCR) Content: Brands are incorporating higher amounts of post-consumer recycled materials into their packaging through product design and chemical recycling.
  3. Deploying Reusable and Refillable Packaging: One of the promising solutions is the implementation of reusable and refillable packaging systems, which can significantly reduce packaging waste.

Current Status and Projected Growth

The market for reusable and refillable packaging has been steadily growing, with global sales reaching $42 billion in 2022. This represents a modest compound annual growth rate (CAGR) of 4.0% since 2017. Smithers predicts a further acceleration in growth, with an annual CAGR of 4.9%, expected to reach $53.4 billion by 2027.

Business Models for Reusable and Refillable Packaging

Various business models are being explored to facilitate the adoption of reusable and refillable packaging. These models include refill at home, return from home, refill in-store, return in-store, and deposit return schemes. Such initiatives align with the European Commission’s proposal for revising EU legislation on packaging and packing waste, targeting a 15% reduction in packaging waste per Member State per capita by 2040 compared to 2018 levels. Petrochemicals oil output

Challenges Hindering Widespread Adoption

While the potential for reusable and refillable packaging is evident, it faces significant challenges:

  1. Consumer Convenience: Consumers have grown accustomed to the convenience of single-use packaging, making the transition to reusable and refillable systems less appealing.
  2. Supply Chain Adaptation: Implementing these new packaging systems requires substantial changes to existing supply chains, potentially increasing the carbon footprint through additional transportation.
  3. Cost: Despite performing at a similar level to virgin plastic, reusable and refillable packaging remains costlier. The cost parity with traditional packaging is not expected to be achieved by 2030.
  4. Limited Availability: The lack of commercial-scale availability is an obstacle to wider adoption, as companies may be hesitant to invest in unproven systems.
  5. Consumer Perception: Modest consumer perception of reusable and refillable packaging also presents a challenge, as awareness and education efforts are required to change attitudes.

Success Stories and Ongoing Efforts

Despite these challenges, some companies have taken steps towards adopting reusable and refillable packaging. Nestle, for instance, introduced a steel refillable container for their Nesquick powdered chocolate milk brand. However, trials have not met the company’s re-purchase and return rate goals, largely due to consumer expectations of high convenience at low costs. Petrochemicals oil output


The shift towards reusable and refillable packaging is a significant step in reducing plastic waste and achieving sustainable packaging solutions. While the industry faces challenges in consumer convenience, supply chain adaptation, cost, availability, and perception, the potential for positive change is evident. Moving forward, a systems-level approach that incorporates reverse logistics and reduced carbon transportation options is necessary. Additionally, a fundamental shift in consumer attitudes and behaviors is crucial to making reusable and refillable packaging a widely adopted and successful solution for a more sustainable future.

The Future of Reusable and Refillable Packaging: Overcoming Challenges for Sustainable Growth

How the Auto Industry Is Embracing Plastic Recycling

The dual needs to reduce the consumption of new resources in creating plastic products and to reduce the eventual creation of plastic waste when products have been used drive the pursuit of recycled materials in the auto industry.

Plastics are pervasive in modern vehicles, creating the opportunity for significant reuse of plastic. We’ve seen this in the case of the Ford Bronco Sport, which employs recycled plastic from recovered fishing nets in its wiring harness clips. The aim is to expand use of the material into other applications such as engine covers. The ultimate potential is for as much as 700 lbs. of plastic per vehicle to be created from recycled materials, according to Ford technical expert Alper Kiziltas, with about 10 percent of that eligible to be made using the recycled fishing net material. Petrochemicals oil output

Reusing Wreckage

Some more visible applications of recycled plastics in new automotive parts are in the cars’ interiors, where consumers will see the materials during every drive. Audi has partnered with LyondellBasell, the world’s largest producer of polymer products, to produce plastic seat belt buckle covers for the Q8 e-tron EV using plastic recovered from parts of crashed Audis.

“As part of the PlasticLoop project, we are working with Audi to establish an innovative closed-loop process, recycling plastic automotive parts for use in new vehicles,” said Erik Licht, LyondellBasell Advanced Polymer Solutions New Business Development Director. “For the first time, we are using chemical recycling to recycle mixed automotive plastic waste into plastic granulate for automotive interior applications,” he said. “The plastic granulate is then used in the production of the seatbelt buckle covers for the Audi Q8 e-tron.”

“We want to use secondary material wherever it is technically possible, ecologically feasible, and of course, environmentally friendly,” said Philip Eder, project manager for circular economy procurement strategy at Audi.

“Recycling is not that easy, because as you can imagine, if something is mixed up, it is not that easy to separate it again.” Petrochemicals oil output

PET Water Bottles

The polyethylene terephthalate (PET) plastic used in plastic bottles is a more homogenous source of post-consumer plastic that Audi is also using. The company uses that PET in combination with residual textiles, and fabric selvages recovered from manufacturing plants to create Kaskade, a new fabric material that provides the soft surface and three-dimensional texture of natural fiber materials such as wool.

Kaskade cannot be made from entirely recycled materials, but the company strives to maximize the recycled portion of the material mix, reports Christine Maier of Audi Design. “We used only as much new polyester and as many new resources as was technically necessary,” she said. “The result is a fabric that is reminiscent of wool and natural fibers, and has a very pleasant feel.”

The recovered selvage fabric comes from a plant making automotive products, so the material is already automotive-grade. Audi separates these into black and white components, using them to create an anthracite-colored blend that requires no additional dye. “We leave out another chemical process, which is better for the environment,” noted Maier. Petrochemicals oil output

Audi said that the company strives to procure well-sorted PET waste that is of high purity and then they process to avoid any minor impurities in the filament process. This could result in fiber inhomogeneity and potentially make the fabric unattractive. An advantage of using recycled PET is that it is abundant, which is an important consideration for an industry still bedeviled by supply headaches.

Finding the Right Mix

The selvage material, PET, and new polyester combine to create new yarn that is used to make the Kaskade seat cover fabric. The final product contains 15 percent selvage material, 35 percent PET, and 50 percent new polyester. “We performed a lot of tests to see how high the portion of selvages can be while ensuring the fabric still looks flawless,” Maier explained.

Audi started making seat covers using recycled materials for the fourth-generation A3. Those seat covers contain as much as 89 percent recycled material, using plastic from 45 1.5-liter PET plastic bottles. Then there are the additional 62 PET bottles that are recycled for the car’s carpet.

The carpeting and floor mats in the Audi e-tron GT are made of Econyl – a material that consists of 100 percent recycled nylon fibers from production waste, fabric and carpet scraps, or old fishing nets. Petrochemicals oil output

Audi acknowledges that one of the hurdles en route to a circular economy is that the cost of these recycled materials is higher than for virgin materials. Energy consumption in the process is about the same as for virgin materials, so efficiency is not an obstacle, according to the company.

Faurecia’s Seat for the Planet

Auto industry supplier Faurecia aims to use recycled materials throughout the entire seat and to make those same materials easier to separate at the seat’s end-of-life for future reuse and recycling. The company’s “Seat for the Planet” is a project that has created a lightweight seat that is about 15 percent lighter than a conventional seat

It is made from ten modules each made entirely of a single material, made from bio-sourced or recycled materials, or from materials that are compatible for recycling, according to project manager Marthin Frétigné. Conventional seats are made using between 100 and 150 separate parts. The polyurethane used in seat cushions is especially challenging to replace with something earth-friendly. “This material performs well but is very difficult to recycle” said Frétigné. “So we had to replace it with a technical solution called Auraloop, incorporating high-performance PET combined with a new transformation process”. Petrochemicals oil output

How the Auto Industry Is Embracing Plastic Recycling

Plastics Recycling Smart Textiles – Polyamide Recycling : A Sustainable Solution for a Circular Economy 05-08-2023

Petrochemicals oil output

Plastics Recycling Smart Textiles – Polyamide Recycling : A Sustainable Solution for a Circular Economy 05-08-2023

Plastics Recycling Smart Textiles

Lindner & Erema: Pioneering the Future of Plastics Recycling

Spittal an der Drau/Ansfelden (Austria), August 2023. In a bid to revolutionize plastics recycling, the visionary owners of Erema Group and Lindner Holding have come together to form a formidable partnership. The newly founded holding company, BLUEONE Solutions, aims to combine the expertise of both companies and embark on collaborative research projects to establish industry standards in plastics recycling.

The journey from waste to recycled granulate involves a series of intricate recycling processes, including sorting, shredding, washing, drying, extrusion, filtration, compounding, and odor optimization. Achieving high-quality recycled materials while maintaining energy efficiency remains a significant challenge for the industry. BLUEONE Solutions, equally owned by Erema Group and Lindner Holding, with contributions from Lindner Washtech, emerges as the catalyst for progress in this domain. By amalgamating the know-how and experience of Lindner Washtech and the extrusion prowess of Erema, the aim is to unlock greater value and establish industry benchmarks through process optimization and joint research initiatives. Plastics Recycling Smart Textiles

The partnership brings together two powerhouses in the field: the Erema Group, a leading force in plastics recycling for four decades, renowned for its expertise in extrusion, and Lindner, a trusted manufacturer of shredders and recycling facilities with a global presence in the waste management industry for over 75 years. In the last decade, Lindner has earned recognition as a specialist in washing facilities under the Lindner Washtech brand. The companies had already embarked on collaborative research ventures, exemplified by the pilot facilities at the LIT Factory in Johannes Kepler University (JKU) Linz, fostering a close technical exchange.

Shared Vision Erema and Lindner have long shared a common vision of driving forward the plastics recycling industry. As the challenges in the market continue to escalate, BLUEONE Solutions emerges as a response to the pressing need for process optimization. The joint venture recognizes that optimal utilization of waste streams is essential to make sufficient quantities of regranulate available. This requires seamless coordination of processes between various recycling stages to enhance efficiency and optimize quality. The merging of waste management and recycling management is seen as a pivotal step towards achieving a functioning circular economy. “Our common goal is clearly to set new industry standards,” emphasizes Michael Lackner, Managing Director of Lindner.

Streamlining Recycling Processes With the establishment of BLUEONE Solutions, the focus is set firmly on the advancement of plastics recycling. Lindner brings its wealth of experience in waste stream processing and expertise in washing, while Erema contributes its in-depth knowledge in extrusion and filtration. Together, they envision a holistic approach that encompasses the entire process and value chain – from waste collection and processing to recycling and the final plastic product. Plastics Recycling Smart Textiles

The synergy between the recycling extruder, the upstream washing system, and material handling allows for seamless coordination, ensuring that quality standards are consistently met while optimizing energy consumption through cross-process control and monitoring. Digital solutions play a key role in supporting these endeavors. “In the future, we will offer optimally coordinated all-in-one solutions that will enable our clients to buy a total package that is perfectly tailored to their needs,” explains Manfred Hackl, CEO of the EREMA Group.

In particular, the collaboration seeks to spearhead advancements in the polyolefins sector, a critical domain in plastics recycling. By leveraging their combined expertise, Erema and Lindner aim to unlock the full potential of plastics recycling and drive the industry towards a more sustainable future.

In conclusion, BLUEONE Solutions stands as a beacon of hope in the plastics recycling industry, combining the strengths of Erema and Lindner to set new industry benchmarks. With their shared vision, commitment to innovation, and focus on optimizing recycling processes, they are paving the way for a greener and more sustainable tomorrow. As the world grapples with the plastic waste crisis, this alliance provides a glimmer of optimism and a reminder that solutions can be found through collaboration, expertise, and determination. Plastics Recycling Smart Textiles

Plastics Recycling Smart Textiles

SiC: Paving the Way for the Cars of the Future

Silicon carbide (SiC), a quasi-diamond material, is revolutionizing the world of electric vehicles (EVs). Born out of an accidental discovery in 1891, SiC has emerged as a strategic asset in the production of cutting-edge electric cars. With its unique properties and potential to enhance the efficiency of EVs, SiC is being hailed as the material that will drive the cars of the future.

At the heart of electric vehicles lies the inverter, a crucial component responsible for converting direct current from batteries into alternating current to power the motors and regulate their output. Analogous to the carburetor or injection system in traditional internal combustion engine cars, the inverter’s performance significantly impacts the overall efficiency and range of electric vehicles. While most inverters currently use silicon-based power transistors, SiC-based transistors, known as silicon carbide MOSFETs, have shown exceptional promise due to their superior stability at high voltages, compact size, reduced weight, ability to withstand high temperatures exceeding 200 °C, lower heat loss conversion (about 70% less), and operation at higher frequencies.

The advantages of SiC inverters are not limited to efficiency gains.

They enable the use of high charging voltages, such as 800V, which drastically reduces charging times. Plastics Recycling Smart Textiles

Several automakers have already embraced 800V charging systems in models like the Porsche Taycan, Hyundai EV6 and Ioniq 5 and 6, Audi e-tron GT, and Lucid Air. However, Tesla, an early adopter of SiC inverters in their Model 3 since 2018, has not fully exploited the potential of 800V charging due to the substantial overhaul required for its Supercharger network.

As the demand for SiC-equipped electric cars grows, many prominent brands are aligning with leading microelectronics companies to secure a stable supply of SiC components. Mercedes and Jaguar Land Rover have partnered with Wolfspeed, BMW with Onsemi, Renault Nissan with STMicroelectronics, and Toyota with Denso.

Although SiC-based components offer immense benefits, their production is complex and costly. The process demands extreme temperatures of 2,500 degrees Celsius and high pressure, resulting in higher manufacturing expenses. Additionally, a significant percentage of produced “wafers” are discarded due to surface defects. However, experts predict that with increasing production volumes, the defect rate will decrease over time.

While SiC components currently come with a higher price tag, Tesla has announced plans to reduce their reliance on SiC by 75% to cut costs. Plastics Recycling Smart Textiles

This move is expected to lead to a $1,000 reduction in production costs per vehicle in a future “low-cost” platform. Currently, SiC-based technologies, along with 800V charging, are primarily directed at high-end models. However, market forecasts suggest that by 2035, the cost of SiC components will decrease significantly, making it a dominant feature across all electric vehicle segments.

The advent of SiC has brought electric vehicles closer to achieving widespread adoption and acceptance. As technological advancements and increased production continue to lower costs, SiC-equipped electric cars will likely become more accessible to the general public. With the promise of increased range, faster charging times, and improved efficiency, SiC is undoubtedly paving the way for the cars of the future. Embracing SiC technology now will not only revolutionize the automotive industry but also accelerate the global transition towards a sustainable and eco-friendly future.

Plastics Recycling Smart Textiles

Polyamide Recycling: A Sustainable Solution for a Circular Economy

The growing concerns about environmental sustainability have prompted industries and consumers alike to seek eco-friendly alternatives. One such area of focus is polyamide recycling, which offers a promising solution to tackle plastic waste and reduce the environmental impact. Polyamide, commonly known as nylon, is a versatile and widely-used material in various applications, from textiles and automotive components to electronics and packaging. However, its disposal has posed significant challenges due to its non-biodegradable nature. In this article, we explore the importance of polyamide recycling, its benefits, and the innovations driving this sustainable initiative towards a circular economy. Plastics Recycling Smart Textiles

  1. The Urgency of Polyamide Recycling

As the production of polyamide continues to increase, so does the burden on the environment. Discarded nylon products often end up in landfills or water bodies, taking hundreds of years to decompose. Consequently, plastic pollution becomes a severe threat to ecosystems, marine life, and human health. By embracing polyamide recycling, we can minimize waste, conserve resources, and reduce the ecological footprint associated with virgin nylon production.

  1. Key Benefits of Polyamide Recycling

2.1. Conservation of Resources

Polyamide recycling aims to recover and reuse valuable materials from discarded products. This process reduces the demand for virgin raw materials, such as crude oil, which is a primary feedstock for nylon production. By conserving these non-renewable resources, we can create a more sustainable future for generations to come.

2.2. Energy Savings and Emissions Reduction

Recycling polyamide requires significantly less energy than producing it from scratch. The energy savings translate into reduced greenhouse gas emissions, helping combat climate change and mitigating the environmental impact of the nylon industry.

2.3. Waste Reduction and Landfill Diversion

Recycling polyamide products diverts them from landfills, where they would otherwise remain for centuries. Reducing the burden on landfills not only helps conserve space but also prevents potential leaching of harmful chemicals into the soil and groundwater.

  1. Challenges in Polyamide Recycling

While polyamide recycling offers substantial benefits, it does come with some challenges that need to be addressed. Plastics Recycling Smart Textiles

3.1. Sorting and Contamination

One of the primary challenges in nylon recycling is sorting different types of polyamide and removing contaminants, such as dyes, additives, and other plastic materials. Advanced sorting technologies and increased consumer awareness are crucial to improve the quality of recycled polyamide.

3.2. Depolymerization Technology

Traditional recycling methods involve mechanical processes, but they may not be suitable for all polyamide products. Depolymerization, a chemical recycling method, holds promise in breaking down complex nylon structures into their original monomers, enabling the production of high-quality recycled nylon.

  1. Innovations in Polyamide Recycling

The recycling industry is witnessing innovative advancements that improve the efficiency and scalability of polyamide recycling. Plastics Recycling Smart Textiles

4.1. Enzymatic Recycling

Researchers are exploring the use of enzymes to break down polyamide materials, making the recycling process more efficient and environmentally friendly. Enzymatic recycling shows great potential in handling mixed and contaminated nylon waste.

4.2. Circular Design Principles

Designers and manufacturers are embracing circular economy principles, ensuring that polyamide products are designed for easy disassembly and recycling. This proactive approach promotes closed-loop systems, where products can be recycled multiple times without compromising performance. Plastics Recycling Smart Textiles


Polyamide recycling presents a compelling opportunity to reduce plastic waste, conserve resources, and combat environmental degradation. By implementing advanced recycling technologies, embracing circular design principles, and fostering consumer awareness, we can make significant strides towards a more sustainable future. As individuals, industries, and governments unite to support polyamide recycling initiatives, we move closer to creating a circular economy that benefits both the planet and our communities.

Plastics Recycling Smart Textiles

Revolutionizing Comfort and Safety: Smart Textiles in Cars


The automotive industry is undergoing a transformative phase, embracing cutting-edge technologies that redefine the driving experience. Among the latest innovations, smart textiles have emerged as a game-changer, promising to revolutionize comfort and safety for both drivers and passengers. By integrating smart fabrics into the car’s interior, manufacturers are unlocking a plethora of possibilities, enhancing convenience, style, and overall driving pleasure.

What are Smart Textiles?

Smart textiles, also known as e-textiles or smart fabrics, are a class of materials that combine traditional textiles with advanced technology. These textiles are equipped with embedded electronic components, sensors, and conductive materials, enabling them to interact with their environment and respond to stimuli.

When incorporated into vehicles, smart textiles offer a myriad of benefits, making cars more intelligent and user-friendly. Plastics Recycling Smart Textiles

Enhanced Comfort:

Comfort is paramount in the automotive world, and smart textiles play a significant role in elevating it to new heights. These textiles can be integrated into seats and interior surfaces to provide dynamic support, molding to the occupants’ body contours for personalized comfort. They can adjust firmness, temperature, and support based on the driver’s preferences, significantly reducing fatigue during long journeys.

Temperature Regulation:

Smart textiles can also regulate temperature inside the car. With built-in thermoelectric elements, these fabrics can cool or warm the seats according to the climate, creating a more pleasant and comfortable environment for passengers. This feature is particularly valuable in extreme weather conditions, ensuring an enjoyable ride year-round.

Health Monitoring:

One of the most groundbreaking applications of smart textiles in cars is health monitoring. By incorporating biometric sensors into the seats or steering wheel, the car can discreetly monitor the driver’s vital signs, such as heart rate and stress levels. In case of irregularities, the system can alert the driver or even initiate preventive measures, ensuring a safer driving experience. Plastics Recycling Smart Textiles

Gesture Control:

Conventional buttons and switches are gradually being replaced by intuitive gesture control systems. Smart textiles can integrate touch-sensitive surfaces into the car’s interior, allowing drivers and passengers to control various functions with simple gestures. This not only reduces distractions but also adds a touch of sophistication to the car’s design.

Improved Safety:

Safety is paramount in the automotive industry, and smart textiles contribute significantly to enhancing it. These fabrics can incorporate pressure sensors to detect the presence of occupants, ensuring proper functioning of airbags during an accident. Additionally, they can monitor the driver’s attention level and alertness, helping to prevent accidents caused by drowsy driving.

Interactive Entertainment:

Smart textiles open the door to innovative entertainment possibilities. Imagine car seats equipped with embedded screens that sync with the vehicle’s infotainment system. Passengers can enjoy personalized entertainment, connect with their devices seamlessly, or even interact with augmented reality interfaces, turning each journey into a captivating experience. Plastics Recycling Smart Textiles


Smart textiles are the future of automotive interiors, redefining comfort, safety, and overall driving experience. As car manufacturers continue to explore and implement these advanced fabrics, we can expect a new era of smart, intuitive, and interactive vehicles. With improved comfort, health monitoring, safety features, and entertainment options, smart textiles are poised to elevate the driving experience to unprecedented heights. As technology continues to evolve, we can only anticipate more exciting innovations that will make our journeys on the road even more enjoyable and convenient.

Revolutionizing Comfort and Safety: Smart Textiles in Cars

Crude oil prices forecast

Crude oil prices are influenced by many factors, such as supply and demand, geopolitics, weather, and market sentiment. Therefore, it is difficult to predict how crude oil will move on a specific day with certainty. However, based on the information from the web search results, some possible scenarios are:

  • If Saudi Arabia announces an extension of its voluntary output cut at the OPEC meeting on Friday, this could boost oil prices as it would signal a tighter supply in the market. However, if other OPEC+ members disagree or demand a higher share of production, this could create tensions and uncertainty that could weigh on oil prices. Plastics Recycling Smart Textiles
  • If the US economic data for July shows signs of recovery and resilience, this could support oil prices as it would indicate a stronger demand for oil in the world’s largest consumer. However, if the data disappoints or shows signs of inflationary pressures, this could dampen oil prices as it would raise concerns about the sustainability of the US economic growth.
  • If the global COVID-19 situation improves and vaccination rates increase, this could lift oil prices as it would imply a higher demand for travel and mobility. However, if the situation worsens or new variants emerge, this could drag down oil prices as it would imply a lower demand for travel and mobility.

These are just some of the possible factors that could affect crude oil prices on Monday. However, there may be other unexpected events or developments that could also influence the market.  Plastics Recycling Smart Textiles

More on crude oil….

Crude oil prices forecast

Spartech’s Royalite® Thermoplastic Solutions: Advanced Protection Against Electrostatic Discharge

Spartech, a renowned manufacturer of engineered thermoplastics and custom packaging solutions, proudly presents Royalite® as the solution for products requiring dissipative properties, encompassing both conductive plastics and anti-static materials. With an unwavering commitment to excellence, these thermoplastic solutions are designed to deliver long-lasting protection against electrostatic discharge, ensuring the safety and reliability of sensitive devices during manufacturing, assembly, and storage.

The innovative conductive plastics offered by Royalite® feature a diverse range of material chemistries catered to various applications. These conductive plastics are expertly employed in the production of shipping containers, sensitive software chips, aviation fuel caps, and temporary floor materials critical to avionics assembly. Their ability to safeguard against electrostatic discharge ensures the protection and integrity of sensitive electronic components throughout their lifecycle. Plastics Recycling Smart Textiles

On the other hand, Royalite® offers an array of anti-static products made from PETG, APET, rPET, or HIPS materials. These materials are especially well-suited for applications in medical, electronic, and food packaging industries, where the control and minimization of static buildup and discharge are of utmost importance. The anti-static products from Royalite® effectively prevent damaging static discharges, preserving the quality and functionality of sensitive goods.

For clients with stringent requirements for electrostatic dissipative materials, Spartech’s Royalite® also provides Electrostatic Dissipative (ESD) thermoplastic sheets that comply with the permanent static protection and minimum static decay standards as specified in MIL-B-81705C and NFPA Code 99. These high-performance sheets offer reliable and consistent static protection, making them a preferred choice for industries where electrostatic discharge poses significant risks.

One of the distinguishing advantages of Royalite® dissipative products is their UL® listing, which further validates their exceptional quality and safety. The anti-static rigid sheet option boasts superior stiffness and abrasion resistance, making it ideal for applications where durability is paramount, such as in today’s cutting-edge robotic material handling systems. Additionally, the material exhibits excellent thermoformability and dimensional stability, enabling easy processing and molding into intricate shapes and sizes. Its outstanding impact resistance ensures protection against physical damage, while its fabrication capabilities allow for precision machining, sawing, drilling, routing, and grinding, meeting the diverse needs of various industries.

Spartech’s mission revolves around improving the safety, convenience, and overall quality of products and the world we inhabit. Their innovative solutions are at the forefront of modern advancements, ranging from lightweight materials for electric vehicles to sustainable packaging options for consumer goods and protective canopies for military aircraft. By choosing Spartech, customers not only gain access to cutting-edge thermoplastic solutions but also contribute to a more sustainable and environmentally conscious future. Plastics Recycling Smart Textiles

In conclusion, Spartech’s Royalite® thermoplastic solutions stand as a testament to their commitment to providing superior protection against electrostatic discharge. With a wide range of conductive plastics and anti-static products, Royalite® ensures the safety and integrity of sensitive devices across various industries. Their Electrostatic Dissipative (ESD) thermoplastic sheet further attests to the high standards set by the company. Spartech’s dedication to innovation and sustainability underpins every aspect of their business, empowering customers to make safer, more efficient, and environmentally friendly choices for a better tomorrow.

Spartech's Royalite® Thermoplastic Solutions: Advanced Protection Against Electrostatic Discharge

Stellantis Unveils Revolutionary Battery: A Game-Changer in Energy and Transportation

In the quest for innovation and sustainability, one company stands out with a groundbreaking contribution to the world of energy and automotive technology. Stellantis, in collaboration with the French battery giant Saft, has recently unveiled an innovative battery system that could potentially revolutionize the industry. After four years of intensive research and simulations, a team of 25 specialist engineers and researchers from the French National Center for Scientific Research (CNS) has succeeded in developing a prototype named IBIS, the Intelligent Battery Integrated System.

IBIS is a unique battery design that combines an inverter and a charger, leading to significant improvements in efficiency and lifespan. Not only does it promise longer-lasting battery performance, but it also reduces costs and optimizes space within electric vehicles. This battery system has garnered widespread attention, challenging the existing battery standards and earning praise as a pioneer in its field. Plastics Recycling Smart Textiles

The journey towards the IBIS battery started over a year ago, in the summer of 2022, as a collaborative effort between Stellantis and Saft. The ultimate goal of this Italian-French partnership is to integrate the IBIS battery into an electric vehicle prototype for on-road and on-track testing. One of the key features that has caught the attention of buyers and investors is the unique positioning of conversion cards within the lithium-ion accumulator, enabling the battery to produce alternating current for the electric motor.

Ned Curic, the Chief Engineering & Technology Officer of Stellantis, emphasizes the company’s commitment to electrification through continuous innovation. The advanced IBIS battery system is poised to revolutionize the electric vehicle business, offering solutions for vehicle autonomy, usable space, accessibility, and, most importantly, a reduced environmental impact. The maintenance of these batteries will also be simplified, and they will be equipped with upgradable systems to keep pace with advancements in the industry.

The visionary project has gained widespread support over time, including recognition from the Future Investment Plan managed by ADEME, the French agency for the environment and energy management. Stellantis, Saft, E2CAD, Sherpa Engineering, as well as the research laboratories of CNRS and the Institut Lafayette, are among the main participants contributing to the success of the IBIS project.

Cedric Duclos, CEO of Saft, shares his enthusiasm for the project, praising the company’s continuous efforts to innovate in the field of electric accumulator systems. Together, they envision transforming the electromobility sector and stationary energy storage systems, ushering in a new era of sustainable transportation and energy usage.

As the IBIS battery system advances towards full-scale implementation, the world awaits the potential impact it could have on the global energy landscape and the automotive industry. By offering improved efficiency, longer battery lifespan, and reduced environmental impact, this innovative battery could be the catalyst that accelerates the adoption of electric vehicles worldwide. Plastics Recycling Smart Textiles

The success of the IBIS project demonstrates the power of collaboration and innovation in addressing pressing global challenges. With the combined efforts of Stellantis, Saft, and their partners, a brighter and more sustainable future for energy and transportation is well within reach. As the prototype moves closer to real-world applications, the industry eagerly anticipates the transformative potential that this revolutionary battery system could bring. The future of electric vehicles and energy storage has never looked more promising.

Stellantis Unveils Revolutionary Battery: A Game-Changer in Energy and Transportation

Unraveling the Powerhouses: PA6 and PA66 in the Automotive Industry

The automotive industry is continually evolving, with manufacturers constantly striving to enhance vehicle performance, safety, and efficiency. As a result, the use of advanced materials has become an integral part of this evolution. Polyamide 6 (PA6) and Polyamide 66 (PA66) are two high-performance engineering plastics that have found a prominent place in modern cars, contributing to their success and popularity. In this article, we will delve into the significance and applications of PA6 and PA66 in the automotive world.

  1. The Basics of PA6 and PA66

Polyamide 6 (PA6) and Polyamide 66 (PA66) belong to the family of polyamides, commonly known as nylon. They are thermoplastic materials that exhibit excellent mechanical properties, including high strength, toughness, and resistance to wear and impact. Their exceptional performance and versatility have made them indispensable in various industries, especially automotive. Plastics Recycling Smart Textiles

  1. Performance Characteristics

PA6 and PA66 are renowned for their impressive mechanical and thermal properties, making them ideal for demanding automotive applications:

  • High Strength-to-Weight Ratio: PA6 and PA66 boast high tensile strength and stiffness, making them suitable for structural components in cars.
  • Heat and Chemical Resistance: These polyamides exhibit excellent resistance to heat, oils, fuels, and chemicals, ensuring durability and reliability in harsh automotive environments.
  • Low Friction and Wear Resistance: The low coefficient of friction of PA6 and PA66 makes them an excellent choice for components such as bearings and gears, reducing friction and extending the lifespan of parts.
  • Noise and Vibration Damping: These materials offer excellent noise and vibration absorption, contributing to a quieter and more comfortable driving experience.
  1. Applications in the Automotive Industry

PA6 and PA66 have found their way into various automotive components, offering significant benefits over traditional materials:

  • Engine Components: Both PA6 and PA66 are used in manufacturing engine air intake manifolds, engine covers, and oil pans. Their heat resistance, mechanical strength, and resistance to chemical degradation ensure optimal performance in the demanding engine environment.
  • Electrical and Electronic Components: The electrical insulating properties of PA6 and PA66 make them ideal for wiring harnesses, connectors, and sensors. Their ability to withstand high temperatures and exposure to engine fluids adds to their reliability. Plastics Recycling Smart Textiles
  • Exterior and Interior Components: PA6 and PA66 are widely employed in the production of exterior parts, such as grille supports, mirror brackets, and bumper beams, as well as interior components like door handles and dashboard elements.
  • Under-the-Hood Applications: The high strength and thermal stability of PA6 and PA66 make them suitable for various under-the-hood applications, such as radiator end tanks, timing belt covers, and turbocharger components.
  1. Advantages and Challenges


  • Weight Reduction: PA6 and PA66’s lightweight nature contributes to overall vehicle weight reduction, leading to improved fuel efficiency and reduced emissions.
  • Design Flexibility: These materials can be molded into complex shapes, allowing automotive designers the freedom to create innovative and aerodynamic components.
  • Cost-Effective: PA6 and PA66 offer a cost-effective solution due to their ease of processing and high production yields. Plastics Recycling Smart Textiles


  • Moisture Absorption: Both PA6 and PA66 have a propensity to absorb moisture, which can affect their mechanical properties. Manufacturers often employ various techniques to mitigate this issue.
  • Long-Term Durability: While PA6 and PA66 exhibit excellent short-term durability, their long-term performance can be affected by exposure to environmental factors like UV radiation and chemical agents.


PA6 and PA66 have revolutionized the automotive industry with their remarkable mechanical properties, versatility, and cost-effectiveness. As automotive technology continues to advance, these high-performance engineering plastics will play an essential role in shaping the future of car design, providing lightweight, durable, and efficient solutions to meet the demands of the ever-changing automotive landscape.

Unraveling the Powerhouses: PA6 and PA66 in the Automotive Industry

Polyester Nylon Flame Retardant -Will weak polyolefin margins improve this year? 04-08-2023

Plastics Recycling Smart Textiles

Polyester Nylon Flame Retardant -Will weak polyolefin margins improve this year? 04-08-2023

Polyester Nylon Flame Retardant

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Weak polyolefin margins will not improve this year

Weak polyolefin margins are expected to persist throughout the year, according to Thomas Gangl, CEO of Borealis, as he reflects on the challenging developments in the Chemicals & Materials business during the first six months of 2023. The market had already shown signs of deterioration in Q4 of 2022, with hopes of a recovery in 2023 now dashed by a combination of high volatility and weak prices, exacerbated by China’s failure to bounce back after the end of the zero-Covid policy.

The root causes of the present results can be traced back to inflation and the cost-of-living crisis, which have significantly impacted the entire industry. Attempted supply management by OPEC did little to alleviate the situation, as the chemical industry remained heavily affected. Moreover, pressure from imports and a lack of anticipated demand surge during the spring further contributed to the declining sales volumes, which were down by 5%. Polyester Nylon Flame Retardant

The company’s nitrogen business faced a challenging period, with significantly lower sales of fertilizers and melamine. However, this segment’s troubles are expected to improve in the following quarters as the sale to Agrofert was successfully completed in July, valuing the business at €810 million on an enterprise value basis.

Borealis reported an operating profit of EUR 84 million in the first half of 2023, compared to EUR 936 million in the same period last year. The contribution from joint ventures and associated companies was also lower, with only €60 million generated in the first half of 2023 compared to €256 million during the same period in 2022.

The significant drop in operating profit was mainly attributed to inventory effects, where products stocked in lower price environments suffered adverse impacts in a falling price environment. This accounted for about €350 million of the €550 million drop. Despite the decline in margins for standard products, specialty products maintained stable margins, validating the company’s strategy to increase their share through innovation.

The Strong Foundation Performance Excellence program, implemented last year, is proving effective in mitigating the impact of challenging market conditions. Measures taken under this program are expected to result in an overall positive impact of approximately €100 million this year.Polyester Nylon Flame Retardant

Despite the difficult market conditions, Borealis remains optimistic about its projects. The Baystar joint venture, comprising a new cracker and polyethylene plant, has been completed, and the PE plant is now operational. Additionally, the company’s acquisition of Rialti, an Italian polypropylene compounder and recycler, further strengthens Borealis’ circular portfolio for PP and its commitment to sustainability.

On the sustainability front, Borealis is making strides towards reducing its carbon footprint and expanding its use of green energy. The company recently launched Stelora, a new engineering polymer produced from renewable feedstock, catering to customers seeking more sustainable materials for various applications. Polyester Nylon Flame Retardant

However, Gangl expresses concern that the current price and margin environment make it challenging for customers to shift towards circular volumes. Affordability becomes a pressing issue for customers in certain industry segments, potentially hindering progress towards sustainability goals.

Despite the challenges, Borealis remains committed to providing sustainable solutions. The company recognizes that different customers have varying sustainability needs, with some prioritizing biobased feedstock materials and others focusing on recycling volumes. As they continue their sustainability journey, Borealis strives to offer tailored solutions to meet diverse customer demands.

In conclusion, the first half of 2023 proved to be an eventful and challenging period for Borealis, with weak polyolefin margins persisting due to high volatility, weak prices, and economic uncertainties.

Despite the downturn, the company remains committed to innovation, sustainability, and meeting customer needs in a rapidly evolving market. By focusing on strategic initiatives and sustainable solutions, Borealis aims to navigate through these challenging times and emerge stronger in the future. Polyester Nylon Flame Retardant

Polyester Nylon Flame Retardant

BASF Releases Groundbreaking Life Cycle Assessment Study on Sustainable Mozzarella Packaging

In a pioneering move towards sustainable packaging solutions, BASF, a global leader in chemical manufacturing, has published a comprehensive Life Cycle Assessment (LCA) study on the environmental impact of mozzarella packaging produced from various alternative raw materials. The study evaluates the environmental performance of food-grade plastics derived from chemically recycled or renewable sources and compares different packaging formats in a comprehensive life cycle analysis. A panel of three independent experts has reviewed the study, ensuring the validity and reliability of the findings.

Dr. Paul Neumann, the Head of New Business Development & Sustainability Polyamides Europe at BASF, highlights the significance of this research in understanding the holistic environmental impact of mozzarella packaging. By analyzing both the packaging format and the raw material source, BASF aims to identify opportunities for minimizing environmental footprints. Polyester Nylon Flame Retardant

One crucial observation from the study is the considerable impact of the packaging format on its environmental performance. The rigid tray packaging system, comprising a mono polypropylene tray with a multi-layer lid film, exhibited the highest environmental impact across most categories when compared to flexible multi-layer packaging. The latter, which utilizes significantly less raw material, presents an appealing alternative with reduced packaging waste generation.

Working in collaboration with partners Südpack and Sphera, BASF explored the utilization of sustainable feedstocks in flexible multi-layer mozzarella packaging. By incorporating BASF’s sustainable mass-balanced polyamides Ultramid® Ccycled®, derived from chemically recycled feedstock, and Ultramid® BMBcert, derived from renewable sources, along with polyethylene, the study showed that a substantial reduction in environmental impacts, particularly CO2 emissions, can be achieved. This finding emphasizes the importance of embracing circular economy principles and prioritizing the use of recycled or renewable raw materials in packaging.

The study also delved into several technical and methodological scenarios, such as using green electricity and implementing chemical or mechanical recycling at the end of the product’s life. Polyester Nylon Flame Retardant

These additional analyses aim to provide a more comprehensive understanding of the potential environmental implications of various packaging practices.

The LCA study adhered to international standards for Life Cycle Assessment (ISO 14040:2006 and 14044:2006) and for Carbon Footprint of Products (ISO 14067:2018). By following these guidelines, the research ensures that the findings are rigorous, transparent, and comparable with other studies conducted worldwide.

BASF’s commitment to sustainability and environmentally responsible practices is further underscored by their broader efforts in the field of chemical recycling. They have conducted a global review of LCA studies on chemical recycling from 2003 to 2023, focusing on the carbon footprint of pyrolysis. This comprehensive assessment, available as “Life Cycle Assessment (LCA) for ChemCycling®,” contributes valuable insights to advance the sustainable recycling of plastic waste.

The publication of this LCA study marks a significant milestone in BASF’s journey towards providing innovative and sustainable packaging solutions. By shedding light on the environmental impact of different packaging formats and raw materials, BASF aims to drive change across the industry, encouraging the adoption of greener alternatives that minimize waste and reduce greenhouse gas emissions.

In conclusion, BASF’s latest Life Cycle Assessment study serves as a beacon of progress in the realm of sustainable packaging solutions. Through their research, they have demonstrated the potential of flexible multi-layer packaging with recycled or renewable raw materials in significantly reducing the environmental footprint of mozzarella packaging. Polyester Nylon Flame Retardant

As the world grapples with the challenges of plastic waste and climate change, studies like these provide valuable insights for businesses, policymakers, and consumers in transitioning towards a more sustainable and eco-friendly future.

Polyester Nylon Flame Retardant

Recyclers under pressure as downward price trend continues

No sign of a reversal in sight

European recycled standard thermoplastics prices declined further in June and the downward price pressure has continued into July. Recycled plastics prices are under severe pressure because of persistent weak demand caused by the economic stagnation throughout Europe and competition from the falling cost of off-spec virgin plastics and cheaper imported recyclate.

At the same time, weak demand has led to a surplus supply situation, despite many recyclers curbing output to limit a build-up of inventories.

The market position for R-PET is particularly perilous. As the cost of virgin PET has fallen by €700/tonne since July 2022 converters have increasingly been switching to using a larger volume of standard material, despite a similar reduction in R-PET prices over the same period. A price war has subsequently developed between R-PET and virgin PET which makes it very difficult to operate the recycling plants economically.

In June, R-PET clear flake prices crashed €150/tonne, clear food-grade pellet prices fell by €100/tonne and coloured flake prices were €50/tonne down on the previous month.

Other recycled plastics classes also continue to suffer from declining prices due to very weak demand, competition from virgin material and lengthening supply.

In June, R-HDPE blow moulding prices declined €50/tonne while injection moulding grades fell by €30/tonne. Polyester Nylon Flame Retardant

R-LDPE natural film prices fell €60/tonne with R-LDPE translucent film prices down by €40/tonne. R-PP homopolymer and copolymer prices declined €70/tonne in June with R-HIPS prices €20/tonne lower than in the previous month

Recycled plastics prices remain under downward pressure during the first two weeks of July. Market fundamentals are unlikely to change significantly this month, although the beginning of the summer holiday season is likely to depress demand even further.

Recycled polyethylene terephthalate (R-PET)

In June, R-PET prices remained under heavy pressure because of continuing weak demand, the lower cost of bottle scrap, competition from virgin PET and cheaper imported material. Clear flake prices fell by €150/tonne, clear food-grade pellet prices were down by €100/tonne and coloured flake prices fell by €50/tonne.

Demand remains extremely low as a result of competition from the falling cost of virgin PET and competitively-priced imports from the Far East. Furthermore, the soft drinks sector has failed to increase seasonal demand in line with expectations due to unfavourable weather conditions during the early summer months.

Material availability is more than sufficient despite recyclers continuing to curb production while imports have added to the growing supply surplus.

In July, R-PET prices are likely to fall further due to continuing low demand and competition form the lower cost of virgin material. Polyester Nylon Flame Retardant

Recycled high-density polyethylene (R-HDPE)

R-HDPE prices continued to slide in June because of ongoing demand weakness and plentiful supply. R-HDPE coloured blow moulding prices dropped by €50/tonne with black injection moulding prices down by €30/tonne over the month. Demand remains extremely low with the construction industry in particular failing to recover as expected. Recyclers have responded by curbing output even more to avoid a further build-up of stocks.

In July, R-HDPE prices are expected to fall again as the start of the holiday season puts additional downward pressure on demand.

Recycled low-density polyethylene (R-LDPE)

In June, R-LDPE prices continued on a downward trend. R-LDPE natural film prices fell by €60/tonne, translucent film prices fell by €40/tonne and black extrusion pellet prices were down €10/tonne.

R-LDPE film prices were adversely impacted by ongoing demand weakness and continued replacement by the lower cost of ‘off-spec’ virgin material from post-industrial sources. Recyclers are implementing even harsher production cutbacks to avoid a build-up of excess stock levels. Yet, the availability of base material and recyclate continues to exceed demand. Polyester Nylon Flame Retardant

The downward price trend continues into July with demand adversely impacted even further by the holiday season.


Polyester Nylon Flame Retardant

In conversation with…Kelheim Fibres

Sustainable Nonwovens talks to Dr Marina Crnoja-Cosic, Director New Business Development, Marketing and Communication, at Kelheim Fibres.

Sustainable Nonwovens: Kelheim Fibres has undergone a transformation from being a mere supplier of speciality fibr