Bioplastic petrochemicals recycling oil 06-11-2018

-Versalis, RadiciGroup and Safitex team up to recycle synthetic grass for sports fields according to Circular Economy principles  

Versalis (Eni), RadiciGroup and Safitex have joined forces to make synthetic grass for sports fields recyclable in line with the principles of the circular economy.  Economy

The project was presented today at Ecomondo and is the result of collaboration between Versalis, which supplies the raw material (polyethylene), RadiciGroup, a manufacturer of fibres for sport applications, and Safitex, a manufacturer of synthetic grass turf.

The project involves an all-Italian supply chain and is aimed at reinforcing the circularity of this application in order to reduce its end-of-life impact. Currently, synthetic grass turf is disposed of through landfill or incineration, which produces greenhouse gas emissions.

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-China – Polyethylene Terephthalate PET and its chain continue to lose ground.

PET Bottle grade export 1,130/1,165 $/ton – PET Bottle grade domestic market 8,850/8,950 yuan/ton – PET Filament grade SD domestic market 8,600/8,750 yuan/ton – PET Filament grade BR domestic market 8,600/8,750 yuan/ton

PTA Taiwan 900/920 $/ton – PTA domestic market 6,900/7,000 yuan/ton – MEG $ 760/770 $/ton – MEG domestic market 6,450/6,600 yuan/ton – PX Korea 1,160/1,170 $/ton

POY 150D/48F  domestic market 9,400/9,500  yuan/ton – DTY 150D/48F  domestic market 11,450/11,550  yuan/ton – PSF domestic market 9,600/9,750  yuan/ton

Bioplastic petrochemicals recycling oil

-BIR: Malaysia is said to have announced a permanent ban on plastic waste imports  BIR Malaysia plastic waste imports

BIR has received news that Malaysia has announced a permanent ban on the import of plastic waste as from Friday 26 October 2018. BIR Malaysia plastic waste imports

According to an article by the Malaysian news service The Star, Ms. Zuraida Kamaruddin, Housing and Local Government Minister, announced the permanent ban of plastic waste import and also that Malaysia would be phasing out the import of other types of plastic within three years

Bioplastic petrochemicals recycling oil

-Crude Oil Prices Trend

Bioplastic petrochemicals recycling oil

Swiss company’s approach to plastic recycling ‘like unmaking pasta’ 

Swiss company’s approach to plastic recycling ‘like unmaking pasta’

You have probably heard the news by now: plastic is everywhere. It is polluting our water, oceans, soils, even our own intestines — and it is very difficult to recycle properly.

At least it was, until Gr3n, a Swiss company based in Lugano, invented a new chemical process to recycle PET, a plastic present in bottles and food containers.

PET is difficult to recycle because it is made of mixed materials.

Gr3n is one of 10 projects nominated for the 2018 Innovation Radar prize in the Tech for Society category.

Bioplastic petrochemicals recycling oil

-Customers came from far and wide for premieres of XTREME SINCRO CUBE and XTRA rotary stretch-blow-molding system 

SIPA’s latest Open House in Vittorio Veneto drew customers from all over the world for a first look at a unique line taking PET pellets to filled and capped bottles via ground-breaking XTREME preform injection-compression molding, latest generation bottle blowing, and Flextronic filling.

They also saw a brand-new baby stretch-blow molding machine, which is already up and running – very quickly! The new XTREME SINCRO CUBE system and the XTRA 14 SBM unit were put through their paces every day from October 22 to 26.

Bioplastic petrochemicals recycling oil

GMI presents a most up-to-date research on “Biobased & Synthetic Polyamides Market”– Global Industry Analysis, Size, Share, By Product (Polyamide 6, Polyamide 66, Polyamide 10, Polyamide 11, Polyamide 12, Aramids), By End-user (Transportation, Textiles, Electrical & Electronics, Construction, Consumer Goods, Energy, Healthcare), Growth Potential, Trends Statistics, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, Poland, China, India, Japan, Australia, Indonesia, Thailand, South Korea, Brazil, Mexico, Argentina, South Africa, UAE, Saudi Arabia)and Forecast 2018 – 2025”.

Major manufacturers have been: Arkema, BASF SE, DSM, UBE INDUSTRIES, Evonik, DowDuPont Inc., EMS-CHEMIE HOLDING AG, Asahi Kasei Corp., Lanxess, Grupa Azoty, RTP Company and others.Biobased Synthetic Polyamides Market

Companies have been engaged in strategic mergers & acquisitions for strengthening their geographical footprint in order to serve the growing demand for polyamides.
Bioplastic petrochemicals recycling oil

-How could the proposed UK tax on non-recycled plastic strain the packaging industry?

Food and beverage companies could be taxed on plastic packaging that contains less than 30 percent recycled content from April 2022, the UK Chancellor Philip Hammond announced in the 2018 Budget speech last week. Kenton Robbins, the Managing Director of PFF, the UK’s largest independent producer of thermoformed plastic for food packaging, notes that applying a degree of pressure to deal with plastic waste is the right thing to do, but that there are hurdles facing the UK recycling industry that will make 30 percent recycled plastic levels difficult for some companies to achieve.

Speaking to PackagingInsights, Robins expands on the difficulties of producing and obtaining good quality recyclate, rising polymer prices and the importance of consumer education on recycling.

Bioplastic petrochemicals recycling oil

-Biome Bioplastics unveils new tool to help detangle the ‘complexities of plastics’.

Biome Bioplastics unveils new tool to help detangle the ‘complexities of plastics’ and promote bioplastics.”We decided to take the matter into our own hands and form a necessary back-to-basic approach that puts the emphasis on science and fact.”

UK-based Biome Bioplastics has launched a new a digital educational channel to help government, media and the public better understand the complexities of plastics and plastic pollution and learn more about available alternatives.

Bioplastic petrochemicals recycling oil

-Plastic packaging: time to pack it in?

The fact that fossil oil-based plastics are harmful to the environment is nowadays regarded as common knowledge, strongly supported by research and science. The problem becomes even more evident through images in the media of garbage-strewn beaches and islands of plastic waste floating around in the oceans. Like climate change, the environmental impact of plastic waste on our planet is a condition that is no longer open to doubt. As an example, it takes more than 400 years for an ordinary water bottle made from PET to decompose biologically. We don’t have that much time.

Achieving significant — and for our planet, necessary — progress in mitigating the greenhouse effect requires measures that yield considerable and measurable results.

Bioplastic petrochemicals recycling oil

-Indonesia’s Premiere Plastics & Rubber Exhibition to Drive Innovative Packaging for Sustainable Business

Plastics & Rubber Indonesia 2018, the Indonesia’s premiere exhibition of global traders in plastics, rubber machinery, processing, and materials, is set to kick off on November 14, 2018, at the JIExpo Kemayoran, Jakarta.

In conjunction with Drinktech Indonesia, Plaspak Indonesia, Mould & Die Indonesia featuring Printech Indonesia, the four-day expo will present key trends in plastic industry, beverage processing, packaging technologies and solutions.

It connects more than 470 exhibiting companies with over 13,000 potential buyers, professionals, and industry leaders through the most-comprehensive showcase of plastic and rubber technology, including knowledge-sharing seminars with leading minds in the industry.

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-Oil prices fall as U.S. grants Iran sanction waivers to major importers

Oil prices fell on Monday as the start to U.S. sanctions against Iran’s fuel exports was softened by waivers that will allow major buyers to still import Iranian crude, at least temporarily.

Front-month Brent crude futures were at $72.40 per barrel at 0332 GMT on Monday, down 43 cents, or 0.6 percent from their last close.

U.S. West Texas Intermediate (WTI) crude futures were down 46 cents, or 0.7 percent, at $62.68 a barrel.

Brent has lost more than 16 percent in value since early October, while WTI has declined by more than 18 percent since then, in part as hedge funds have cut their bullish wagers on crude to a one-year low by the end of October, data showed on Friday.

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-WTO to take action on UAE grievance against Pakistan

Panel formed to probe anti-dumping duties levied on biaxially-oriented polypropylene.

The World Trade Organisation has agreed to form a committee on the request of the UAE to probe into anti-dumping duties levied by Pakistan on biaxially-oriented polypropylene (BOPP).

“At a meeting of the WTO’s Dispute Settlement Body [DSB] on October 29, WTO members agreed to a request from the United Arab Emirates for the establishment of a panel to examine anti-dumping duties imposed by Pakistan on biaxially-oriented polypropylene [BOPP] from the UAE,” the global trade body said in a statement.

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-Saudi Arabia cuts December Arab Light crude oil price to Asia

Saudi Aramco has cut its December price for its Arab Light grade for Asian customers by 10 cents per barrel versus November to a premium of $1.60 a barrel to the Oman/Dubai average, the state oil company said on Monday.

It raised its Arab Light OSP to Northwest Europe by 50 cents for December from the previous month to a discount of $2.20 a barrel to the ICE Brent.

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-Iran Sanctions and Oil Prices: Who’ll Feel the Pain?

Markets have taken the Trump administration’s move in stride so far. But experts differ on whether a reduction in output could yet prove disruptive.

The world’s oil producers and their customers entered a new period of uncertainty on Monday as renewed American economic sanctions against Iran took effect.

Having withdrawn from the seven-nation deal negotiated under his predecessor to curb Iranian nuclear efforts, President Trump is aiming to pressure Iran to curb its political and military activities across the Middle East.

And the administration is betting that its policy will inflict pain on Tehran without causing a spike in oil prices or an aggressive reaction.

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-Europe cracker margins firmer again on weaker naphtha, LPG feed

European ethylene cracker margins have risen for the second consecutive week on the back of an ongoing decline in euro-denominated feedstock costs, according to ICIS margin analysis on Monday.

In the week to 2 November, both naphtha and LPG (liquefied petroleum gas) values softened by 7% week on week.

Naphtha-based contract cracker margins  increased by 15%, co-product credits dropped by 3% week on week.

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-Americas petrochemicals outlook, w/c Nov 5

US OLEFINS

US ethylene participants are expected to confirm a marketwide settlement for the October ethylene contract on Monday.

There was no confirmation of a marketwide contract settlement on Friday, but trade participants had reported some settlements at a 2.50 cent/lb decline from September.

A 2.50-cent decline would take October ethylene contracts to 31.25 cents/lb. Meanwhile, trade sources have said Chevron Phillips’s Port Arthur, Texas, facility, should be back online heading into this week, following a 60-day turnaround.

In the propylene market, with all three propane dehydrogenation units in the US, inventory is expected to continue growing.

Downstream, no other polypropylene producers have come out with price increases for November.

Bioplastic petrochemicals recycling oil

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