Day: 6 May 2024

Polymer PET Resin – CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant 06-05-2024

Polymer PET Resin

Polymer PET Resin

  • 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 

Polymer PET Resin

Polymer PET Resin

 

Polyestertime
ITEM 29/04/2024 06/05/2024 +/-
Bottle grade PET chips domestic market 7,075 yuan/ton 7,000 yuan/ton -75
Bottle grade PET chips export market 900 $/ton 890 $/ton -10
Filament grade Semidull chips domestic market 6,850 yuan/ton 6,820 yuan/ton -30
Filament grade Bright chips domestic market 6,870 yuan/ton 6,840 yuan/ton -30
Pure Terephthalic Acid PTA domestic market

Polymer PET Resin

 5,925 yuan/ton 5,835 yuan/ton
 -90
Pure Terephthalic Acid PTA export market 735 $/ton 720 $/ton -15
Monoethyleneglycol MEG domestic market 4,335 yuan/ton 4,370 yuan/ton
 +35
Monoethyleneglycol MEG export market 508 $/ton 513 $/ton +5
Paraxylene PX FOB  Taiwan market 1,040 $/ton 1,024 $/ton
 -16
Paraxylene PX FOB  Korea market 1,018 $/ton 1,002 $/ton -16
Paraxylene PX FOB EU market 1,140 $/7on 1,140 $/ton –
Polyester filament POY 150D/48F domestic market 7,525  yuan/ton 7,500 yuan/ton
 -25
Recycled Polyester filament POY  domestic market 7,550 yuan/ton 7,550 yuan/ton –
Polyester filament DTY 150D/48 F domestic market 9,025 yuan/ton 9,000 yuan/ton -25
Polyester filament FDY 68D24F 8,850 yuan/ton 8,850 yuan/ton –
Polyester filament FDY 150D/96F domestic market

Polymer PET Resin

 8,125 yuan/ton 8,100 yuan/ton -25
Polyester staple fiber 1.4D 38mm domestic market 7,470 yuan/ton 7,420 yuan/ton -50
Caprolactam CPL domestic market 12,700 yuan/ton 12,700 yuan/ton
 –
Caprolactam CPL overseas  market 1,620 $/ton 1,620 $/ton –
Nylon 6 chips overseas  market 1,890 $/ton 1,890 $/ton –
Nylon 6 chips conventional spinning domestic  market 14,150 yuan/ton 14,150  yuan/ton –
Nylon 6 chips  high speed spinning domestic  market 14,350 yuan/ton 14,350 yuan/ton –
Nylon 6.6 chips domestic  market

Polymer PET Resin

 21,800 yuan/ton 21,800 yuan/ton –
Nylon6 Filament POY 86D/24F domestic  market 16,600 yuan/ton 16,600 yuan/ton –
Nylon6 Filament DTY 70D/24F domestic  market 18,900 yuan/ton 18,900 yuan/ton –
Nylon6 Filament FDY  70D/24F  17,900 yuan/ton 17,900 yuan/ton –
Spandex 20D  domestic  marke 33,500 yuan/ton 33,000 yuan/ton -500
Spandex 30D  domestic  market 32,000 yuan/ton 31,500 yuan/ton -500
Spandex 40D  domestic  market  29,000 yuan/ton 28,500 yuan/ton -500
Adipic Acid domestic market

Polymer PET Resin

 9,600 yuan/ton 9,600 yuan/ton –
Benzene domestic market 8,760 yuan/ton 8,730 yuan/ton -30
Benzene overseas  market 1,062 $/ton 1,042 $/ton -20
Ethylene South East market 1,010 $/ton 1,000 $/ton -10
Ethylene NWE market CIF 841 $/ton 808 $/ton -33
Acrylonitrile ACN  domestic market 10,600 yuan/ton 10,700 yuan/ton +100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton –
Acrylic staple fiber ASF  domestic market

Polymer PET Resin

 14,600 yuan/ton 14,600 yuan/ton –
Viscose Staple Fiber VSF  domestic market 13,000 yuan/ton 13,000 yuan/ton –
PP Powder domestic market 7,230 yuan/ton 7,200 yuan/ton -30
Naphtha overseas market  710 $/ton 681 $/ton -19
Phenol domestic market 8,177 yuan/ton 8,137 yuan/ton -40

r-PET high end eco-friendly chips =8,300 yuan/ton  — 8,200 yuan/ton   -100

Polymer PET Resin

CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant

CARBIOS has partnered with Hündgen Entsorgungs GmbH & Co. KG to supply 15kt/year of post-consumer PET waste for the world’s first PET biorecycling plant in Longlaville, France, operational from late 2026. Polymer PET Resin

Hündgen will utilize its expertise in waste management to source and prepare this waste, transforming it into food-grade materials using CARBIOS’ enzymatic technology.

This collaboration ensures a significant portion of the feedstock needed for CARBIOS’ plant, which will have a 50kt/year capacity at full operation. The plant’s strategic location near Belgium, Germany, and Luxembourg facilitates access to waste supplies.

CARBIOS’ technology can recycle all PET waste types, including those unsuitable for traditional recycling methods.

This innovation offers a circular solution for multilayered, colored, opaque packaging, and polyester textiles. Polymer PET Resin

Emmanuel Ladent, CEO of CARBIOS, highlights the secured feedstock and the benefits of their biorecycling technology, including flexibility, cost-effectiveness, and the strategic advantage of proximity to waste sources.

Christian Hündgen, CEO of Hündgen, emphasizes the importance of innovative technologies and international cooperation in advancing plastic packaging recycling standards.

This partnership marks a significant step in PET non-bottle recycling in Europe.

CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant

Sustainable textile – Chemovator, BASF’s business incubator, has invested in Heartland, a Detroit-based startup revolutionizing plastics with natural fiber reinforcements 06-05-2024

Sustainable textile

Polymer PET Resin – CARBIOS and Hündgen enter supply agreement for world’s first PET biorecycling plant 

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Sustainable textile

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Will gasification play a role in advanced recycling of plastics?

Gasification is a sophisticated thermochemical process that offers an innovative route for the recycling of plastic waste into virgin plastic feedstock. This process involves the conversion of carbonaceous materials into syngas, a mixture of carbon monoxide (CO) and hydrogen (H2), through the reaction of these materials at high temperatures in a controlled oxygen and/or steam environment. Here, we will delve into the technical specifics of gasification, particularly focusing on its application in converting plastic waste into virgin feedstock for new plastics, facilitating a circular economy approach in plastic manufacturing.  Sustainable textile

Gasification processes involve several critical phases: drying, pyrolysis, combustion, and reduction. Initially, plastic waste is dried to eliminate moisture, which optimizes the efficiency of subsequent thermal reactions. During pyrolysis, plastics are thermally decomposed in a low-oxygen environment, leading to the generation of volatile compounds and a residual solid char. These volatiles are partially oxidized in the combustion step, which generates heat and converts the remaining material into CO2 and a small amount of ash, with the char undergoing further reduction to form syngas.

The configuration of the gasifier (e.g., fixed bed, fluidized bed, entrained flow) directly influences the operational dynamics and thus the efficiency of the gasification process. The syngas output—primarily composed of CO and H2—is subsequently processed to form monomers that serve as feedstocks for producing new plastics.  Sustainable textile

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Styrenics Circular Solutions (SCS), in collaboration with Krones and Tomra, has successfully demonstrated the mechanical recycling of XPS food trays, a process that ensures industrial efficiency and high-quality recyclate

This initiative, announced in Brussels on May 3, 2024, leverages a process akin to that used for yoghurt pots, emphasizing the sortability of polystyrene (PS) for recycling. Tomra’s ‘deep sorting’ technology yielded a pure XPS feedstock from mixed PS, which Krones then processed through shredding, hot washing, dewatering, and drying. The pilot confirmed the technical and industrial viability of the process, highlighting its competitive edge, energy, and water efficiency.  Sustainable textile

The recycling process enhances the circularity of XPS trays, known for their role in food safety and favorable life cycle assessment. To boost recycling yields and quality, SCS has introduced a design for recycling (DfR) guideline, aligning most XPS trays with these standards.

Dr. Michael Gotsche of Krones expressed satisfaction with the trials, confirming the adaptability of their washing technology for XPS trays. Dr. Volker Rehrmann of Tomra emphasized the importance of effective sorting for a circular economy, noting the impressive sortability of PS. Claudio Bilotti of Versalis (Eni) highlighted the value of XPS trays in food safety and their potential for multiple life cycles post-use. Jens Kathmann of SCS pointed out the significance of XPS trays in the circular economy, with potential applications in various general-purpose PS products.  Sustainable textile

Sustainable textile

Eastman introduced Naia™ Renew ES, a sustainable textile innovation, at the Intertextile Shanghai Apparel Fabrics exhibition

This new fiber, containing 60% recycled content, marks a significant step in sustainable fashion. Carolina Sister Cohn, Eastman’s global marketing leader, expressed excitement about the potential for Naia™ Renew ES to transform the industry.

The exhibition showcased over 400 fabric and garment types made with Naia™ Renew, demonstrating its versatility. Students from the Beijing Institute of Fashion Technology also participated, creating garments with Naia™ fabrics, emphasizing the push towards sustainable fashion among the next generation. Sustainable textile

Claudia de Witte, Eastman’s sustainability leader, stressed the importance of trust in making sustainable textiles widely available. Eastman collaborates with industry leaders and the China National Textile and Apparel Council to promote molecular recycling and sustainable materials.

Naia™ Renew ES combines 60% recycled waste with 40% sustainably sourced wood pulp, certified by the Global Recycled Standard (GRS). Eastman’s molecular recycling technology is pivotal, transforming mixed waste into high-quality materials. The GRS certification of Naia™ Renew in December 2023 highlights Eastman’s dedication to sustainability. Sustainable textile

Eastman introduced Naia™ Renew ES, a sustainable textile innovation, at the Intertextile Shanghai Apparel Fabrics exhibition

RadiciGroup is set to showcase its commitment to innovation, sustainability, and eco-design at the NPE fair in Orlando, Florida, from May 6-10, 2024

This event is a strategic platform for the Group to strengthen and expand collaborations in North America’s polymeric materials value chain, especially in the automotive sector, and increasingly in the electrical/electronic, appliances, and power-tools sectors.

With a strong industrial presence in the United States and Mexico, RadiciGroup is a key player in the North American automotive market, which contributes significantly to its turnover.  Sustainable textile

As one of the few integrated producers in the polyamide chain, RadiciGroup has bolstered its sales network, marketing team, and technical and quality assistance in recent years, aiming to enhance not just product offerings but also service efficiency.

Edi Degasperi, North America Country Manager for RadiciGroup High Performance Polymers, highlights the positive start to 2024 in the USA and the initiation of significant projects that promise a satisfying year ahead. Despite a slower start in Mexico, upcoming projects are expected to lead to a substantial recovery in the second half of the year.

RadiciGroup’s commitment to environmental sustainability is evident in its decision to purchase renewable electricity for its Wadsworth site, starting in 2024, through Renewable Energy Certificates. This move aligns with the Group’s long-standing tradition of producing environmentally friendly products, including bio-based materials with superior technical performance and the Renycle® range of technopolymers made from pre and post-consumer polyamide recycling.  Sustainable textile

Degasperi emphasizes RadiciGroup’s integrated approach to sustainability, promoting eco-design among clients and supporting a circular economy model. The Group’s Engineering Service enables the prediction of product behaviors early in development, optimizing design and environmental performance.

RadiciGroup is also actively involved in North America’s electrification of vehicles, participating in projects to drive change and offer products developed for e-mobility applications. This includes a range of orange-colored products for high-voltage components, UL-certified flame retardant materials for battery systems, and metal replacement solutions for lighter vehicles and extended battery life.

Two meetings are scheduled at the RadiciGroup booth: “Sustainable and High Performance Solutions” on May 7 at 2 pm, and “Sustainable by design” on May 9 at 10 am. RadiciGroup’s presence at NPE 2024 underscores its dedication to leading the industry towards a sustainable future.  Sustainable textile

RadiciGroup is set to showcase its commitment to innovation, sustainability, and eco-design at the NPE fair in Orlando, Florida, from May 6-10, 2024

In 2023, Vecoplan AG, a leader in machinery for material and thermal recycling, celebrated its fourth consecutive record year, despite global market challenges

CEO Werner Berens announced a revenue peak, attributing success to the company’s resilience amidst geopolitical and market uncertainties that led many customers to defer investments. CFO Ina Hannen reported a slight increase in revenue and profit over 2022.

Looking ahead to 2024 with caution, Berens remains optimistic due to sustained product demand, prompting workforce expansion by nearly 100 in the past two years. Vecoplan invested significantly in development, with plans to allocate another €13 million, primarily to enhance production capacity at its Bad Marienberg site.  Sustainable textile

Vecoplan AG specializes in equipment for processing various raw materials and waste, supporting customers from single-machine purchases to large-scale projects. With 580 employees across international locations, the company anticipates continued success and growth.

In 2023, Vecoplan AG, a leader in machinery for material and thermal recycling, celebrated its fourth consecutive record year, despite global market challenges

Chemovator, BASF’s business incubator, has invested in Heartland, a Detroit-based startup revolutionizing plastics with natural fiber reinforcements

This move strengthens the partnership with BASF’s North America Open Research Alliance (NORA) and marks Heartland’s entry into Chemovator’s Elevate program, which propels early-stage chemical startups.

Heartland collaborates with local farmers to harness natural fibers, aiding manufacturers in crafting eco-friendlier products. The startup’s hemp-based materials serve as sustainable additives in plastics, enhancing properties like flammability and bonding while reducing the carbon footprint of plastic and rubber products.  Sustainable textile

Jesse Henry, Heartland’s CEO, notes the significant industrial impact on reducing plastics’ carbon footprint. Gati Kalim, Chemovator’s Head of Portfolio Management, echoes this sentiment, highlighting Heartland’s commitment to the chemical industry’s future.

The investment positions Heartland as Chemovator’s first North American portfolio company, benefiting from financial support, BASF’s expertise, and a network of seasoned entrepreneurs. Thomas Holcombe, Head of NORA at BASF Corporation, emphasizes the strengthened collaboration, contributing to sustainable solutions and reduced emissions.

Bacteria biodegradability – End April Exhibits Varying Price Trend for LDPE, Rises in Asia but not in Europe and US 04-05-2024

Sustainable textile