r-PET Preforms – Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite 29-01-2024

r-PET Preforms

r-PET Preforms

  • 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 

r-PET Preforms

r-PET Preforms

Polyestertime
ITEM 22/01/2024 29/01/2023 +/-
Bottle grade PET chips domestic market 7,000 yuan/ton 7,200 yuan/ton +200
Bottle grade PET chips export market 905 $/ton 920 $/ton +15
Filament grade Semidull chips domestic market 6,820 yuan/ton 6,975 yuan/ton +155
Filament grade Bright chips domestic market 6,820 yuan/ton 6,975 yuan/ton +155
Pure Terephthalic Acid PTA domestic market 5,880 yuan/ton 6,035 yuan/ton +155
Pure Terephthalic Acid PTA export market 730 $/ton 745 $/ton  

+15

 

Monoethyleneglycol MEG domestic market 4,575 yuan/ton 4,715 yuan/ton +140
Monoethyleneglycol MEG export market 540 $/ton 555 $/ton +15
Paraxylene PX FOB  Taiwan market

r-PET Preforms

1,031 $/ton 1,041 $/ton
+10
Paraxylene PX FOB  Korea market 1,009 $/ton 1,019 $/ton +10
Paraxylene PX FOB EU market 1,095 $/7on 1,095 $/ton
Polyester filament POY 150D/48F domestic market 7,580  yuan/ton 7,700 yuan/ton
+120
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,650 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 9,050 yuan/ton +150
Polyester filament FDY 68D24F

r-PET Preforms

9,000 yuan/ton 9,150 yuan/ton +150
Polyester filament FDY 150D/96F domestic market 8,250 yuan/ton 8,425 yuan/ton +175
Polyester staple fiber 1.4D 38mm domestic market 7,380 yuan/ton 7,420 yuan/ton +40
Caprolactam CPL domestic market 13,650 yuan/ton 13,650 yuan/ton
Caprolactam CPL overseas  market 1,630 $/ton 1,650 $/ton +20
Nylon 6 chips overseas  market 1,880 $/ton 1,920 $/ton +40
Nylon 6 chips conventional spinning domestic  market 14,400 yuan/ton 14,525 yuan/ton +125
Nylon 6 chips  high speed spinning domestic  market

r-PET Preforms

14,900 yuan/ton 15,000 yuan/ton +100
Nylon 6.6 chips domestic  market 19,700 yuan/ton 19,750 yuan/ton +50
Nylon6 Filament POY 86D/24F domestic  market 17,000 yuan/ton 17,100 yuan/ton +100
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 19,250 yuan/ton- +50
Nylon6 Filament FDY  70D/24F  18,000 yuan/ton 18,100 yuan/ton +100
Spandex 20D  domestic  market

r-PET Preforms

34,500 yuan/ton 34,200 yuan/ton -300
Spandex 30D  domestic  market 33,000 yuan/ton 32,700 yuan/ton -300
Spandex 40D  domestic  market  30,000 yuan/ton 29,700 yuan/ton -300
Adipic Acid domestic market 9,900 yuan/ton 9,900 yuan/ton
Benzene domestic market

r-PET Preforms

7,980 yuan/ton 8,020 yuan/ton +40
Benzene overseas  market 946 $/ton 994 $/ton +48
Ethylene South East market 890 $/ton 910 $/ton +20
Ethylene NWE market CIF  $/ton   $/ton
Acrylonitrile ACN  domestic market

r-PET Preforms

9,400 yuan/ton 9,400 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,900 yuan/ton 13,050 yuan/ton +350
PP Powder domestic market

r-PET Preforms

7,200 yuan/ton 7,100 yuan/ton -100
Naphtha overseas market  674 $/ton 704 $/ton +30
Phenol domestic market 7,417 yuan/ton 7,620 yuan/ton +203

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

r-PET Preforms

Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite

As an innovative collaboration at the intersection of sustainability and material science, Ohoskin, an Italian manufacturer specializing in bio-based alternatives to animal leather, and ReCarbon, a company leading in circular carbon fiber solutions, have joined forces. This partnership aims to develop a novel material poised to revolutionize the automotive, marine, and furniture industries.

Ohoskin’s expertise lies in crafting a leather alternative derived from orange and cactus byproducts, championing eco-friendly solutions to replace traditional animal leather. Complementing this, ReCarbon brings to the table its recycled carbon fiber, offering a comprehensive circular solution for a material often associated with environmental concerns.  r-PET Preforms

The envisioned material resulting from this collaboration promises a unique combination of high strength, light weight, and sustainability.

By marrying Ohoskin’s bio-based leather alternative with ReCarbon’s recycled carbon fiber, the collaborative effort strives to deliver an elegant, cutting-edge product that aligns seamlessly with modern consumers’ demands for environmentally conscious and sustainable choices.

Stefano Mazzetti, COO of Ohoskin, expresses enthusiasm, highlighting the alignment of ReCarbon’s recycled carbon fiber with their sustainability values.

Luca Grati, CEO of ReCarbon, emphasizes the significance of this collaboration as a pivotal step, believing that the amalgamation of sustainable materials can give rise to a product that meets the sophisticated needs of today’s conscious consumers. r-PET Preforms

Together, Ohoskin and ReCarbon envision a future where their collaborative creation redefines industry standards, offering a compelling alternative that combines aesthetics, strength, and eco-friendliness.

Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite

Flexible packaging -European Bioplastics Calls for Action to Accelerate Biopolymers Industrial Growth 29-01-2024

Flexible packaging

r-PET Preforms – Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite 

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Flexible packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

European Bioplastics Calls for Action to Accelerate Biopolymers Industrial Growth

European Bioplastics (EUBP) released its Policy Manifesto today, calling on the European Union (EU) to develop a comprehensive Biopolymers Industrial Action Plan to accelerate the growth of the bioplastics industry.  

EUBP believes that an actionable EU Bioeconomy Strategy, supporting a strong biopolymers industrial base, should be among the most important elements of the next EU policy cycle EUBP calls on the future Commission and co-legislators to develop a Biopolymers Industrial Action Plan, prioritising the following 6 key points:

  • Harmonizing regulations: There is a lack of integration of bioeconomy concepts and priorities within the existing EU regulatory framework, despite a high-level political support for the bioeconomy.  Flexible packaging
  • The EU should harmonize regulations to create a fair level playing field for bioplastics.
  • Incentivizing access to sustainable biomass: The EU needs to strike a balance between bioenergy and biobased sustainable products.
  • Enhancing financial support for technological innovation: Scaling up bioplastics manufacturing processes to meet commercial demands can be technically challenging and will require a favourable financial environment for innovation to be able to grow at scale.
  • Closing infrastructure gaps and incentivising access to food waste collection: Achieving a circular economy for bioplastics requires robust mechanical, chemical, and organic recycling infrastructure, as well as having access to this infrastructure.Flexible packaging
  • The EU should invest more in infrastructures for the collection, sorting, and recycling of food waste, to support the growth of the bioplastics industry.
  • Increasing market uptake: Market incentives are needed in Europe to keep the return on public and private investment from being harvested elsewhere. The EU should set up a fair level playing field for biobased, biodegradable, and compostable plastics.
  • Increasing consumer awareness: Many consumers remain unaware of the actual environmental benefits of biobased or compostable alternatives. The EU should increase consumer awareness of the benefits of bioplastics to help drive the demand.  Flexible packaging

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Flexible packaging

Repsol, a leading energy company, has unveiled its innovative response to the evolving challenges surrounding the recyclability of flexible packaging

Introducing the UltraClean series, this initiative focuses on the production of single-material packaging, tailored to facilitate mechanical recycling and optimized for Machine-Direction Orientation (MDO) film extrusion.

Comprising five grades across High-Density Polyethylene (HDPE), metallocene Linear Low-Density Polyethylene (mLLDPE), and Ethylene Butyl Acrylate (EBA) copolymer, the UltraClean polyethylene line signifies a significant stride toward sustainable packaging solutions. The HDPE grades (UltraClean 110 and 120), metallocene mLLDPE (UltraClean 210 and 220), and EBA-based (UltraClean 310) polymers are meticulously crafted to enhance workability, boasting a draw ratio up to 40% higher than standard alternatives. This superior performance enables applications requiring maximum orientation and distinct mechanical properties.  Flexible packaging

As the packaging industry gears up for the impending European regulation mandating complete recyclability of plastic packaging by 2030, Repsol’s UltraClean series emerges as a strategic offering. The company aims to provide customers with solutions aligning with sustainability objectives, particularly in light of the challenges posed by multi-material packaging. The use of MDO technology for single-material packaging production, while not yet ubiquitous, holds promise in meeting the upcoming regulatory requirements.

Antonio Portela, Director of Polyolefins at Repsol, expressed pride in launching one of the most comprehensive ranges to support customers during this crucial phase. Furthermore, the UltraClean range extends its commitment to sustainability with circular, biobased, and biocircular products, reinforcing Repsol’s dedication to circularity and decarbonization in support of their customers’ sustainability initiatives. Flexible packaging

Flexible packaging

A Netherlands circular economy fund that backs recycling solutions for plastic’s impact on climate change and the environment

Jeroen Kelder spent most of his career in corporate finance and investment, where he financed small and medium-sized companies and invested in key economic sectors such as healthcare and renewable energy. With the increasing focus on circularity, he realised many of the things he had learned could be applied to resource transition and, in particular, to plastics.

“Only a low percentage of plastic is being recycled in Europe,” says Kelder, now managing partner at Infinity Recycling, a fund investing in the circular economy. “We currently lack the solutions to adequately recycle our end-of-life waste, so a lot of it ends up either incinerated or sent to landfill, which is a pity because 7% to 9% of the world’s CO2 comes from plastics.  Flexible packaging

Reducing this should be akin to picking low-hanging fruit.”

He wanted to make an impact and he knew that mobilising capital to help companies develop advanced technology and get recycling plants up and running as soon as possible was where he could step in. “It’s disheartening to see innovations and good ideas die because they don’t have the help or funding that they need,” says Kelder. “The world is running out of time.”

The technology to carry out many advanced forms of recycling has often been around for years. But operations have been “sub-scale, too costly and inefficient. And given the disruptive nature of a transition from a centralised, linear economy to a distributed circular economy, the incumbent industry is unlikely to embrace change.” Kelder says. “What the sector needs is independent risk capital and hands-on support.”  Flexible packaging

Kelder first approached the European Investment Fund in 2019 to test his investment thesis. Following additional discussions on the strategy and structuring, the EIF in 2023 invested €50m in Infinity Recycling’s Circular Plastics Fund, one of its largest ever investments in a first-time fund, which has enabled it to attain a more optimal size and well on its path to reach its €150 million target size.

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A Netherlands circular economy fund that backs recycling solutions for plastic’s impact on climate change and the environment

Global circularity rate is falling steadily every year

Over the past five years, the number of discussions, debates, and articles related to the circular economy has almost tripled despite the global circularity rate falling from 9.1% to 7.2%. This is according to the Circularity Gap Report 2024, launched by Circle Economy Foundation today. 

In the past five years, humanity consumed a whopping 500 billion tonnes of materials—nearly equal to what was consumed during the entire 20th century. The global circularity rate has fallen steadily from 9.1% in 2018, when Circle Economy Foundation began measuring, to 7.2% in 2023. This means that out of all the materials consumed worldwide, we’re consuming more virgin materials than ever—while the share of secondary materials is declining.  Flexible packaging

Accelerating progress toward a circular economy means addressing the root causes of linear impacts and changing the rules of the game to favour circular practices. The Circularity Gap Report 2024 outlines how policy, finance, and employment reforms can reshape global systems to promote circularity.

Ultimately, the report proposes a strategy to break free from flawed economic practices known to be socially and environmentally exploitative. This will require unlocking capital, rolling out bold, contextually appropriate policies and closing the sustainable and circular skills gap.

Policies and legal frameworks can incentivise sustainable and circular practices while penalising harmful, linear ones. Flexible packaging

Wealthy countries could achieve the most impact by adjusting regulations in the construction and manufacturing industries.

Examples include incentivising retrofitting and reusing buildings (and their components and materials), developing certification and warranties for secondary building materials, setting standards for product durability, and strengthening the Right to Repair legislation.

In middle-income countries, fostering circular agriculture and manufacturing will be a top priority.

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Global circularity rate is falling steadily every year

Protein Evolution and Basecamp Research have joined forces in an expanded collaboration to combat the global environmental issue of polyurethane and polyamide (nylon) waste

Leveraging Protein Evolution’s Biopure™ technology, powered by artificial intelligence, which already effectively tackles polyester waste, the collaboration incorporates Basecamp Research’s biodiversity mapping system. This synergy enables the development of enzymes specifically targeting the complex composition of polyurethane and polyamide waste.  Flexible packaging

Polyurethane and nylon, constituting 10 percent of global plastic production, present a significant challenge for circularity due to their intricate structures. The collaboration’s primary goal is to design innovative enzymes capable of breaking down these materials into their precursor molecules. This circular approach not only addresses recycling challenges but also contributes to the reduction of the carbon footprint associated with the resulting products, all while maintaining product quality.

Connor Lynn, co-founder of Protein Evolution, expressed enthusiasm about Biopure technology’s practical role in addressing fashion waste and contributing to global decarbonization goals. The strategic partnership also highlights the shared belief in nature as a source of inspiration for solving global challenges, as emphasized by Dr. Glen Gowers, co-founder of Basecamp Research.  Flexible packaging

By combining Protein Evolution’s scale-up expertise with Basecamp Research’s biodiversity mapping, the collaboration accelerates the development of enzymatic plastic recycling processes. This strategic partnership not only enhances the capabilities of biological recycling but also aligns with global sustainability goals, drawing attention from leading brands seeking innovative solutions. As the world grapples with the urgency of environmental issues, Protein Evolution and Basecamp Research stand at the forefront of pioneering solutions for a more sustainable future.

Protein Evolution and Basecamp Research have joined forces in an expanded collaboration to combat the global environmental issue of polyurethane and polyamide (nylon) waste

Anuga FoodTec: KHS systems combine efficiency with safety

  • New rotary InnoPET BloFill ACF-R aseptic block
  • Glass-coated PET bottle interiors further developed
  • KHS’ range of digital services extended

Sensitive beverages and flexible systems and solutions – these are the topics in focus at the KHS trade show booth for this year’s Anuga FoodTec. With its new InnoPET BloFill ACF-R aseptic block the Dortmund systems supplier wants to set new standards in safety and hygiene when it comes to bottle sterilization. Visitors can also find out all about the latest generation of InnoPET Plasmax barrier technology and the first module in the digital KHS ConnectApp service.  Flexible packaging

“Economic success calls for maximum efficiency and availability in all filling and packaging processes. We provide innovative and resource-saving systems and solutions that fully satisfy all aspects of this demand,” says Tobias Wetzel, CSO of KHS. The most recent example of this is the new rotary InnoPET BloFill ACF-R aseptic block that combines the energy-efficient InnoPET Blomax Series V stretch blow molder with the rotary Innofill PET ACF-R filler for the very first time.

Linear fillers can process up to 14,000 bottles per hour. In contrast, the rotary aseptic block has a capacity of up to 36,000 1.0-liter bottles per hour and in the future is even to be available with a top output of 48,000 500-milliliter bottles an hour. The new plant engineering achieves a sterility of log 6 inside the bottles – which is equivalent to a reduction in germs of 99.9999%.  Flexible packaging

“Our linear aseptic fillers, also blocked, have long proved themselves in practice in the filling of sensitive beverages into PET bottles, where maximum safety is of the essence. The newly developed rotary aseptic filler in the higher capacity range is thus the next logical step. With this, we also want to set standards regarding the machine’s hygienic properties,” Wetzel promises.

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Anuga FoodTec: KHS systems combine efficiency with safety

Plastic Depolymerization Catalysts – At the Marca trade fair held at BolognaFiere, Novamont showcased groundbreaking applications in packaging featuring new Mater-bi biopolymer grades 27-01-2024

Flexible packaging