Red Sea freight – This adjustment entails an increase of EUR 250 per metric tone for adipic acid, effective immediately 21-03-2024
Red Sea freight
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LANXESS has announced a global price hike
This adjustment entails an increase of EUR 250 per metric tone for adipic acid, effective immediately
The decision comes in response to a notable surge in raw material expenses witnessed over recent months.
This strategic move underscores LANXESS’s proactive approach in navigating market dynamics, particularly amid fluctuating raw material costs. Adipic acid, a critical component in various industries including textiles, automotive, and pharmaceuticals, experiences demand fluctuations influenced by market trends and supply chain intricacies.
By implementing this price adjustment, LANXESS aims to sustain operational efficiency while ensuring product quality and reliability. The company’s commitment to maintaining competitiveness amidst evolving market conditions is evident in its swift response to cost escalations. Red Sea freight
Furthermore, this announcement reaffirms LANXESS’s dedication to transparency and communication with its stakeholders. By providing timely updates on pricing adjustments, the company fosters trust and collaboration within its customer base and the broader market.
As LANXESS navigates the complexities of global markets, this pricing strategy demonstrates its resilience and adaptability in safeguarding business sustainability and enhancing shareholder value. Through strategic pricing initiatives, LANXESS aims to uphold its position as a leading provider of adipic acid, delivering value to customers while effectively managing cost pressures. Red Sea freight
March 2024 presents challenges for the global freight industry due to disruptions in the Suez Canal and US rail routes
Rerouting through the Cape of Good Hope elongates transit times, leading to delays, higher costs, and potential port congestion in Europe. Closure of US rail routes adds to supply chain woes, hindering Europe-US trade. Moreover, draft restrictions in the Panama Canal may cause traffic backlog, affecting shipments between Europe and the Americas, and escalating freight rates.
France’s proposed reconstruction plan for the Port of Beirut could alleviate European freight concerns by enhancing operational efficiency, reducing congestion, and optimizing traffic flow, facilitating smoother import-export processes. Red Sea freight
Germany’s LNG import capacity is set to rise with the arrival of FSRU Energos Force in Stade, boosting security of gas supply post-Ukraine crisis.
Freight rates from China to North Europe dipped by 11% post-Red Sea normalization, reflecting a demand deficit and price mismatch. Despite surplus units in Russia, depot saturation hasn’t significantly altered price dynamics.
The stable container prices post-Red Sea crisis indicate demand decrease, offering predictability for stakeholders and forwarders. Red Sea freight
China aims for 5% growth, relying on fiscal expansion to stimulate economic recovery.
Global Recycling Day 2024 – ALPLA Milestones
The ALPLA Group has been involved in recycling plastic and converting it into new packaging for over 30 years. Global Recycling Day 2024 will focus on the most important developments and measures that have taken place in the area of recycling in recent years.
Used packaging is anything but useless waste. Quite the opposite, in fact – for ALPLA, it is a valuable raw material that is processed into high-quality recyclates at 13 of ALPLA’s own plants around the world using state-of-the-art technologies. By using recyclates, new packaging is created from used packaging in line with the bottle-to-bottle principle. This promotes the elaboration of efficient recyclables collection, allows regional loops to be closed and boosts the further development of sustainable recycling technologies. Recycling is therefore a fundamental part of a functioning circular economy. Red Sea freight
The international ALPLArecycling network now comprises 13 plants – including four joint ventures – in nine countries: Germany, Italy, Mexico, Austria, Poland, Romania, Spain, South Africa and Thailand.
Biodegradable Plastic Bottle Cap
Beyond Plastic introduces first all-natural plastic bottle cap for the beverage industry, a sustainable solution designed to replace conventional petroleum-based plastic bottle caps.
This content was written and submitted by the supplier. It has only been modified to comply with this publication’s space and style.
Beyond Plastic has introduced the first-ever completely biodegradable plastic bottle cap to hit the market. The closure is made from polyhydroxyalkanoate (PHA), a biopolymer created using bacteria fermentation. Red Sea freight
The new, eco-friendly cap looks, feels, and performs just like traditional petroleum-based plastic caps but brings transformative advantages—it’s recyclable, compostable, and biodegradable even in the most sensitive conditions. The Beyond Plastic bottle cap contains zero microplastics and causes no harm to the environment, unlike traditional plastics.
Plastic pollution stands as a formidable and persistent challenge confronting our planet. According to a recent study, our oceans harbor an estimated 17 million bottle caps worldwide. Adding to the urgency, the University of Newcastle estimates that the average person ingests 250 g of plastic annually, with microplastics detected even in newborns, highlighting the pervasive nature of this issue. Red Sea freight
Alliance for Hose Recycling in the USA
The Flexible Film Recycling Alliance (FFRA), launched by the Plastics Industry Association (Plastics) in the USA, aims to promote the recycling of flexible packaging in North America. FFRA is committed to educating consumers about the importance of responsible recycling, improving the image of flexible packaging and encouraging the final recycling of materials.
FFRA’s priorities include the creation of a guide to best recycling practices for industry and consumers, recycling education programs for consumers, promotion of recycling techniques and responsible use of films and packaging, and efforts to highlight environmental benefits of flexible packaging for consumers and policy makers.
Patrick Krieger, Sustainability Manager at Plastics, underlines the importance of informing consumers about correct recycling and the transformation of recycled materials into new products. Red Sea freight
The FFRA enthusiastically welcomes this challenge and prepares to offer a modern recycling directory with new features.
The Flexible Packaging Association has already joined the initiative, and other supply chain organizations are invited to participate. FFRA remains open to collaborations to promote the recycling of flexible packaging and support environmental sustainability.
Collaboration launches film packaging from recycled plastic
A collaborative effort within the flexible food packaging industry has yielded a breakthrough: the introduction of new snack packaging composed of 50 percent recycled plastic, meeting rigorous food contact standards. Launched in late 2023 in the UK and Ireland for PepsiCo’s Sunbites brand, this packaging utilizes an advanced recycling process, ensuring compliance with EU regulations for food-contact applications.
Several companies contributed to this circular packaging initiative: GreenDot sourced postconsumer plastic scrap, processed into pyrolysis oil called Tacoil by Plastic Energy. Ineos Olefins & Polymers Europe converted this oil into recycled propylene, then virgin-quality recycled polypropylene resin in France. Red Sea freight
Irplast S.p.A. produced biaxially oriented PP films using this resin, meeting food contact requirements.
Amcor handled the printing and conversion of these films, maintaining technical performance standards for PepsiCo. This collaboration aligns with PepsiCo Positive, aiming to eliminate virgin fossil-based plastic in European crisp and chip packaging by 2030.
Archana Jagannathan, PepsiCo Europe’s Chief Sustainability Officer, emphasizes the importance of such partnerships in advancing sustainable packaging solutions, expressing excitement about the Sunbites packaging launch in the UK. Red Sea freight
The recycled polymer content is certified under the ISCC Plus scheme, meeting forthcoming EU regulations on packaging waste recycling targets. Ineos underscores the role of advanced recycling technologies in achieving the EU’s 2030 objectives for recycled content in plastic packaging, contributing to emissions reduction.
IMS Technologies Introduces Goebel IMS Portfolio for Nonwoven Applications
Company also announces a new partnership with CFA Tekstil for the Turkish market
Leveraging its strong know-how, the company provides tailor-made machinery to meet each customer’s specific technical needs, including the possibility of advanced automated solutions. Two slitter rewinders are part of its nonwoven portfolio: Hyperslit, its integrated and flexible slitter, and Hyperslit Giant with a fully automatic handling system for rewinding shaft and core positioning, minimizing the distance between cores without the need for spacers. The Hyperslit Giant, equipped with cutting-edge technology, demonstrates high performance and quality in handling various nonwoven materials, including spunbond, meltblown, sms, smms, and more. Red Sea freight
To complete the nonwoven portfolio, its complete range of slitting and winding solutions includes Revowind and Jumbowind.
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