Recycling Sustainability -The packaging market is dominated by low-density polyethylene (LDPE), a petroleum-based plastic that is non-biodegradable and can only be mechanically recycled, often with significant loss of quality 17-06-2024

Recycling Sustainability

r-PET Bottles – The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province

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Recycling Sustainability

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Slowing demand growth and increasing supply are setting the global oil markets on a path to a significant surplus this decade

The IEA’s new medium-term outlook forecasts well-supplied oil markets through 2030, although energy security will remain critical due to transformative sector forces. Oil demand growth is expected to decelerate as energy transitions progress, while global oil production will rise, reducing market pressures and increasing spare capacity to unprecedented levels, excluding the Covid crisis period. Recycling Sustainability

The IEA’s latest report, Oil 2024, explores these dynamics’ impacts on oil supply security, refining, trade, and investment. Despite robust demand from fast-growing Asian economies and sectors like aviation and petrochemicals, the report notes that rising electric car sales, improved fuel efficiency, reduced oil use for electricity in the Middle East, and structural economic changes will offset these gains. Consequently, global oil demand is projected to level off at around 106 million barrels per day by the decade’s end, from an average of just over 102 million barrels per day in 2023.

Simultaneously, global oil production, led by the United States and other Americas producers, is expected to outpace demand growth. Supply capacity could reach nearly 114 million barrels a day by 2030, surpassing demand by 8 million barrels per day. This would lead to unprecedented spare capacity levels, impacting oil markets and producer economies, including OPEC and the US shale industry. Recycling Sustainability

Fatih Birol, IEA Executive Director, highlighted the report’s projections, indicating a major supply surplus and the need for oil companies to adjust their strategies. Although growth is slowing, global oil demand in 2030 is still expected to be 3.2 million barrels per day higher than in 2023, driven by emerging Asian economies and increased jet fuel and petrochemical feedstock use. Meanwhile, demand in advanced economies is predicted to decline, falling below 43 million barrels per day by 2030.

Non-OPEC+ producers, especially the United States, Argentina, Brazil, Canada, and Guyana, are leading the expansion to meet anticipated demand. However, capacity growth may slow and stall if new projects are not approved. Recycling Sustainability

The report also predicts that global refining capacity will expand by 3.3 million barrels per day between 2023 and 2030, sufficient to meet refined product demand due to increased non-refined fuel supply. This could lead to refinery closures and a slowdown in Asian capacity growth post-2027.

Recycling Sustainability

Eco-friendly Packaging and the Rise of Biodegradable Plastics

As the world grapples with the devastating consequences of plastic pollution, the search for sustainable alternatives has become a pressing concern. Biodegradable plastics, a type of plastic that break down naturally in the environment, are emerging as a promising solution to the plastic crisis. This article will delve into the world of bioplastics, exploring their benefits, challenges, and potential to revolutionize the way one thinks about plastic waste. Recycling Sustainability

The Plastic Pollution Crisis

It is estimated that approximately two million tons of plastic waste currently contaminates oceans across the globe. According to a recent study, if no measures are taken to address this issue, the amount of plastic pollution is projected to increase by a factor of three by 2040.

What are Biodegradable Plastics?

Biodegradable plastics, also known as bioplastics, are made from renewable resources such as corn starchsugarcane, or potato starch. These bioplastics are designed to break down naturally in the environment, unlike traditional plastics which takes hundreds of years to decompose. Recycling Sustainability

Biodegradable plastics are composted, reducing the amount of waste sent to landfills and minimizing the risk of plastic pollution.

Benefits of Biodegradable Plastics

Reduced Plastic Waste: Biodegradable plastics are significantly reducing the amount of plastic waste sent to landfills and oceans, helping to mitigate the plastic pollution crisis.
Compostable: Bioplastics are composted, reducing the need for synthetic fertilizers and pesticides in agriculture.
Renewable Resources: Bioplastics are made from renewable resources, reducing dependence on fossil fuels and decreasing greenhouse gas emissions.
Improved Public Perception: Biodegradable plastics help change public perception of plastics, promoting a culture of sustainability and waste reduct. Recycling Sustainability

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Recycling Sustainability

The packaging market is dominated by low-density polyethylene (LDPE), a petroleum-based plastic that is non-biodegradable and can only be mechanically recycled, often with significant loss of quality

In contrast, polylactide (PLA), a biopolyester, is bio-based, biodegradable, and can be chemically recycled into new products with minimal energy use. However, conventional PLA is too brittle for flexible disposable packaging, such as shopping and garbage bags, which contribute significantly to single-use plastic waste. Furthermore, PLA production has been limited to large-scale operations, excluding smaller companies from manufacturing.

Researchers André Gomoll, Dr. Benjamín Rodríguez, and Dr. Antje Lieske from the Fraunhofer Institute for Applied Polymer Research IAP have developed a flexible, recyclable PLA-based material suitable for film applications. Recycling Sustainability

This innovation allows medium-sized companies to enter the market, providing a sustainable alternative to traditional plastics. The research team’s achievement has been recognized for replicating the properties of polyethylene through the development of block copolymers. They have demonstrated the material’s feasibility in a pilot plant in collaboration with an industrial partner, indicating significant commercial potential.

The packaging market is dominated by low-density polyethylene (LDPE), a petroleum-based plastic that is non-biodegradable and can only be mechanically recycled, often with significant loss of quality

Clarios highlights recycling efforts in 2023 sustainability report

The low-voltage battery manufacturer says it recycles around 8,000 batteries per hour in its closed-loop system.  Recycling Sustainability

Clarios, a low-voltage battery developer based in Glendale, Wisconsin, has made circularity a focus in its 2023 sustainability report.

The company, which develops battery solutions or nearly every type of vehicle, says end-of-life batteries are a critical resource, and claims to operate one of the world’s “most successful examples of a circular economy,” recycling around 8,000 used batteries every hour of every day across its network. The company says it starts with raw materials selected during the battery design stage and ends the production cycle with the reuse of recyclable battery material to create a new battery.  Recycling Sustainability

Additionally, when new batteries are delivered to customers, Clarios says it takes back used batteries in return.

“We believe that our efforts to exceed industry-leading environmental and safety standards globally are a key driver of our success,” Clarios CEO Mark Wallace says. “Through our business practices, we aim to demonstrate a dedication to sustainability by seeking continued improvement to lower our greenhouse gas emissions.” Recycling Sustainability

In the report, Clarios highlights its selection as the winner of the 2023 Circular Economy award at the World Sustainability Awards, which were held in Amsterdam in October 2023.

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Clarios highlights recycling efforts in 2023 sustainability report

A public meeting took place on Wednesday in Petarch, near Sofia, at a facility dedicated to the reuse and recycling of used mattresses

This initiative, led by Bulgarian company Biocom, is part of the Rematrak demonstration project, funded by the EU’s Environment Operational Program 2014-2020, with support from the European Regional Development Fund and the EU Cohesion Fund.

Gena Sabeva, Biocom’s manager, explained the process of collecting and preparing used mattresses for recycling. The event showcased the materials extracted from old mattresses and the new products that can be created as part of the circular economy. The project emphasizes three key steps: changing consumer behavior, involving municipalities in the separate collection and disposal of mattresses, and engaging mattress retailers and accommodation facilities in the process. Recycling Sustainability

Through research and visits to several European sites, the company identified best practices for mattress recycling. For successful recycling, mattresses must be dry and free from heavy chemical contamination, stored and transported properly to maintain their condition.

In an interview with BTA, Sabeva noted that approximately 150,000 mattresses are discarded annually in Bulgaria, representing 15% of the mattresses produced. She highlighted the importance of replacing mattresses every seven to ten years for hygiene reasons, though some people replace them every five years, while others seek warranties of up to 40 years.  Recycling Sustainability

A public meeting took place on Wednesday in Petarch, near Sofia, at a facility dedicated to the reuse and recycling of used mattresses

Recycled Plastics – SELENIS PRODUCES HIGH-QUALITY RPET FROM CIRC’S RECOVERED TEREPHTHALIC ACID 15-06-2024

Recycling Sustainability

r-PET Bottles – The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province 17-06-2024

r-PET Bottles

r-PET Bottles

  • 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 Bottles

r-PET Bottles

Polyestertime
ITEM 10/06/2024 17/06/2024 +/-
Bottle grade PET chips domestic market 7,000 yuan/ton 6,980 yuan/ton -20
Bottle grade PET chips export market 895 $/ton 895 $/ton
Filament grade Semidull chips domestic market 6,870 yuan/ton 6,920 yuan/ton +50
Filament grade Bright chips domestic market 6,900 yuan/ton 6,950 yuan/ton +50
Pure Terephthalic Acid PTA domestic market

r-PET Bottles

5,920 yuan/ton 5,910 yuan/ton
-10
Pure Terephthalic Acid PTA export market 730 $/ton 730 $/ton
Monoethyleneglycol MEG domestic market 4,520 yuan/ton 4,450 yuan/ton
-70
Monoethyleneglycol MEG export market 525 $/ton 518 $/ton -7
Paraxylene PX FOB  Taiwan market 1,026 $/ton 1,040 $/ton
+14
Paraxylene PX FOB  Korea market 1,004 $/ton 1,018 $/ton +14
Paraxylene PX FOB EU market 1,120 $/7on 1,120 $/ton
Polyester filament POY 150D/48F domestic market 7,800  yuan/ton 7,850 yuan/ton
+50
Recycled Polyester filament POY  domestic market 7,450 yuan/ton 7,550 yuan/ton +100
Polyester filament DTY 150D/48 F domestic market 9,175 yuan/ton 9,325 yuan/ton +150
Polyester filament FDY 68D24F 8,925 yuan/ton 9,025 yuan/ton +100
Polyester filament FDY 150D/96F domestic market

r-PET Bottles

8,225 yuan/ton 8,325 yuan/ton +100
Polyester staple fiber 1.4D 38mm domestic market 7,430 yuan/ton 7,500 yuan/ton +70
Caprolactam CPL domestic market 13,250 yuan/ton 13,075 yuan/ton
-175
Caprolactam CPL overseas  market 1,650 $/ton 1,650 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,600 yuan/ton 14,400  yuan/ton -200
Nylon 6 chips  high speed spinning domestic  market 15,400 yuan/ton 14,850 yuan/ton -550
Nylon 6.6 chips domestic  market

r-PET Bottles

20,400 yuan/ton 20,400 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,400 yuan/ton 17,000 yuan/ton -400
Nylon6 Filament DTY 70D/24F domestic  market 19,800 yuan/ton 19,350 yuan/ton -450
Nylon6 Filament FDY  70D/24F  18,400 yuan/ton 18,150 yuan/ton -250
Spandex 20D  domestic  marke 32,500 yuan/ton 32,500 yuan/ton
Spandex 30D  domestic  market 31,000 yuan/ton 31,000 yuan/ton
Spandex 40D  domestic  market  28,000 yuan/ton 28,000 yuan/ton
Adipic Acid domestic market

r-PET Bottles

9,850 yuan/ton 9,850 yuan/ton
Benzene domestic market9, 9,330 yuan/ton 9,430 yuan/ton +100
Benzene overseas  market 1,035 $/ton 1,044 $/ton +11
Ethylene South East market 950 $/ton 945 $/ton -5
Ethylene NWE market CIF 770 $/ton 765 $/ton -5
Acrylonitrile ACN  domestic market 9,600 yuan/ton 9,500 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

r-PET Bottles

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,100 yuan/ton 13,200 yuan/ton +100
PP Powder domestic market 7,420 yuan/ton 7,420 yuan/ton
Naphtha overseas market  648 $/ton 676 $/ton +28
Phenol domestic market 7,875 yuan/ton 8,077 yuan/ton +202

r-PET high end eco-friendly chips =8,250 yuan/ton 8,250 yuan/ton   –

r-PET Bottles

The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province

This project stands out as the largest single-investment textile enterprise in the region since the establishment of Longgan Lake, symbolizing a significant advancement for the local textile industry. Jiangsu Hualian Group, a veteran in the textile sector with 35 years of experience, is spearheading this monumental project. r-PET Bottles

General Manager Xu Shaoliang of Jiangsu Hualian Group provided insights into the project’s scope and ambitions. The total investment for the Huazhaolin Textile project amounts to 1.5 billion yuan, encompassing an expansive area of 256 mu. The project blueprint includes the construction of six state-of-the-art factory buildings and the acquisition and installation of 3,888 advanced water-jet looms. Additionally, the project will feature supporting equipment such as high-speed warping machines, automatic drawing-in machines, and post-dyeing finishing apparatus.

The anticipated annual production capacity is 600 million meters of textiles, with a projected output value of 1.2 billion yuan. r-PET Bottles

A central focus of the project is the integration of “green” and “technology” principles. Jiangsu Hualian Group aims to leverage its resources strategically to ensure the project’s success. The timeline for the project is ambitious: within three months, the construction of several factory buildings and the installation of key equipment are expected to be completed. Within five months, the full construction of the factory buildings and commencement of trial production should be achieved. The entire project is slated to be fully operational within eight months.

This project aligns with Longgan Management Zone’s broader strategy to cultivate a 10 billion yuan textile industry cluster. r-PET Bottles

In the first quarter of this year, the zone secured agreements for eight modern textile projects, spanning high-end woolen sweater weaving to differential fabric production, with a collective investment of 3.204 billion yuan. This strategic push has yielded tangible results; the zone saw the addition of four new industrial textile enterprises above the designated size and five provincial-level specialized and innovative textile enterprises. These developments collectively contributed to an impressive 704 million yuan in output value for industrial textile enterprises, marking a 30% increase from the previous year.

The significance of the Huazhaolin Textile integrated project extends beyond its sheer scale. It represents a milestone in Longgan Lake’s industrial evolution, fostering technological advancement and economic growth. r-PET Bottles

The introduction of cutting-edge machinery and equipment underscores the project’s commitment to innovation. The use of advanced water-jet looms, for instance, is expected to enhance production efficiency and product quality, setting new benchmarks for the industry.

Moreover, the project’s focus on green technology is poised to set a precedent in sustainable manufacturing practices within the textile industry. By integrating environmentally friendly processes and machinery, Jiangsu Hualian Group aims to minimize the environmental footprint of its operations.  r-PET Bottles

This commitment to sustainability is increasingly critical in an industry often scrutinized for its environmental impact.

The project also promises substantial economic benefits for the local community. The construction phase alone is expected to generate numerous job opportunities, providing a significant boost to local employment. Once operational, the project will not only create permanent jobs but also stimulate the local economy through ancillary industries and services.  r-PET Bottles

The successful completion and operation of the Huazhaolin Textile project will likely attract further investments and projects to the Longgan Management Zone, reinforcing its status as a burgeoning hub for the textile industry. The project’s scale and ambition exemplify the dynamic growth potential within the region’s industrial landscape.

In summary, the Huazhaolin Textile integrated project is a landmark initiative by Jiangsu Hualian Group, set to transform the textile industry in Hubei Province. r-PET Bottles

With its significant investment, advanced technological integration, and commitment to sustainability, the project is poised to achieve impressive production capabilities and economic contributions. It not only marks a major milestone for Longgan Lake but also sets the stage for future advancements and investments in the region’s textile sector.

The Huazhaolin Textile integrated project, an ambitious endeavor by Jiangsu Hualian Group, has officially begun construction at Longgan Lake in Huanggang, Hubei Province