BOPP Film fibre-to-fibre – High-quality recycling loops are best for circular economy 30-08-2023 - Arhive

BOPP Film fibre-to-fibre

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Accord Signed for Treofan Terni: A New Chapter for BOPP Film Production

In a significant development, the BOPP (biaxially oriented polypropylene) film production plant in Umbria, Italy, will now be transitioning to the ownership of the Polish company Visopack. This momentous move comes as the Indian conglomerate Jindal, which had taken over the Treofan Terni plant three years ago, has finalized a preliminary agreement with Visopack for the transfer of the facility along with its specialized machinery dedicated to BOPP film production. The announcement, made recently by the UGL Chemical Workers Union, marks a turning point in the evolution of the plant and the future of its workforce.

Having reached a verbal agreement in June, the accord has now been officially ratified. However, the specifics of the industrial plan that Visopack has meticulously crafted to rejuvenate the Umbrian site are yet to be unveiled. The finer details of this plan will be presented during a meeting at the Ministry of Enterprises and “Made in Italy” (Mimit). The transition of ownership will be undertaken following discussions with relevant institutions and labor unions. BOPP Film fibre-to-fibre

“This solution represents the only option that, based on the skills and professionalism of the personnel, promotes the complete reintegration of the workers and ensures them the dignity that only a job can provide, thereby putting an end to the challenging situation of temporary layoff,” stated UGL Chemical Workers Union in a press release.

Headquartered in Torun, Poland, Visopack specializes in the production of BOPP films for flexible packaging and labels. The acquisition of the Terni facility by Visopack brings new prospects for the plant, its employees, and the local community. This transition holds the promise of preserving valuable employment opportunities and contributing positively to the region’s economic landscape.

The Terni plant had become a part of Jindal’s portfolio in 2018, as a result of its acquisition of Treofan’s European activities. This move had also included the facility in Battipaglia (SA), Italy, which was subsequently acquired by Jcoplastic in 2020. Notably, in Italy, Jindal Films Europe continues its plastic film production at sites in Brindisi and Cesano Maderno. Beyond Italy’s borders, the Indian conglomerate operates across Europe with facilities in Neunkirchen, Germany (formerly Treofan), Kerkrade, Netherlands, and Virton, Belgium, where a technological center is also situated. BOPP Film fibre-to-fibre

The agreement marks a significant step forward for both Visopack and the employees of the Terni plant. As the industrial landscape evolves, the partnership between Visopack and Jindal promises to infuse new energy and innovation into the BOPP film production sector. It holds the potential to revitalize the production plant and bolster the local economy, ultimately fostering stability and growth.

As the ownership transition unfolds, it underscores the importance of collaborative efforts between businesses, unions, and governmental bodies. The inclusion of all stakeholders in shaping the future of the Terni plant not only ensures a smoother transition but also aligns with the shared goal of preserving jobs and sustaining the plant’s role as a significant contributor to the industrial fabric of the region.

In conclusion, the signed agreement between Jindal and Visopack ushers in a new era for the Treofan Terni plant and its employees. The dedication to innovation, stability, and community growth will serve as the foundation for the transformation of the plant into a dynamic hub for BOPP film production, in turn bolstering the larger industrial landscape and promoting economic well-being. BOPP Film fibre-to-fibre

Toray develops fibre-to-fibre recycling for used nylon fishing nets

Toray, in collaboration with Nitto Seimo and Taiyo, has achieved a breakthrough in the realm of sustainability by pioneering a fiber-to-fiber recycling method tailored for repurposing used nylon fishing nets. In an industry-first initiative, the trio of Japanese companies is set to undertake trials involving purse seine nets composed of chemically recycled nylon fishing nets, with a particular focus on the Northern Pacific Ocean this November.

Toray Industries, renowned for its expertise in materials manufacturing, and Nitto Seimo, a prominent fishing net manufacturer, have jointly unveiled their innovative approach to recycling purse seine nets, with plans for field trials in the Northern Pacific Ocean in November. This significant advancement stems from a collaborative effort with fishing enterprise Taiyo A&F. Initially established in November 2022, this partnership was conceived to address the recycling of fishing nets crafted from nylon remnants and byproducts generated during net production. BOPP Film fibre-to-fibre

Now, the endeavor has expanded to encompass the reclamation of materials from utilized nylon fishing nets, marking a pioneering achievement in the domain of fiber-to-fiber recycling on a global scale.

While various initiatives have sought to recover nylon fishing nets, often referred to as “ghost nets” when abandoned at sea, these materials have typically been repurposed into alternative products such as swimwear, rPET, or rPA due to the challenges associated with their degradation during recycling. The exposure to debris and algae during their immersion in the sea has contributed to the deterioration of the fibers’ strength and resilience.

Toray has ingeniously harnessed its depolymerization chemical recycling technology to transform nylon sourced from ghost nets into a recycled fiber that reportedly rivals the quality of virgin material. Utilizing this recycled fiber, Nitto Seimo is now producing the purse seine nets, which will be put to the test aboard Taiyo A&F’s offshore fishing vessel, the Taiyo Maru No.21, in a trial slated to commence this November.

The three pioneering entities hold ambitious aspirations to validate the commercial viability of their novel fishing nets through these trials. Depending on the outcomes, they are eyeing the prospect of introducing the recycled fishing nets to the market as early as December 2023. BOPP Film fibre-to-fibre

Mitsuo Ohya, President of Toray, underscores the broader implications of this venture, stating, “This pursuit of nylon fiber-to-fiber recycling technology for fishing nets charts a course for the entire textile industry to contribute to the realization of a circular economy. By conserving and recycling resources while minimizing waste across the supply chain, we are poised to make a significant impact on the industry’s sustainability journey.”

India’s role in global oil consumption has encountered a substantial deceleration, triggering ramifications on the international oil market

Although the first seven months of 2023 witnessed a surge in petroleum consumption to an unprecedented level, this growth has markedly slowed down as the rebound from pandemic-induced lockdowns reaches its culmination, as per reports from Reuters.

The Indian economy finds itself ensnared in a confluence of challenges, grappling with swift inflation and a decelerating global trade environment, a predicament mirroring the struggles faced by other prominent economies spanning South and East Asia. During the initial seven months of 2023, petroleum consumption surged to a staggering 135 million metric tons, a discernible climb from the 128 million metric tons recorded in the corresponding period of 2022. BOPP Film fibre-to-fibre

This ascent, while still considerable, translates to an approximate 255,000 barrels per day (bpd), which constitutes a substantial retreat from the 415,000 bpd growth observed during the preceding year of 2021/22. The velocity of oil consumption expansion, typically hovering around 5% to 6% on a yearly basis, has conventionally aligned with the analogous growth noted in the manufacturing output sector.

In sharp contrast, this surge in India’s petroleum consumption pales when juxtaposed against the staggering growth, exceeding 1.0 million bpd, witnessed in U.S. oil production throughout the initial five months of 2023. Regrettably, India’s slower pace of consumption escalation has fallen short in absorbing the surplus crude supply and thereby tightening the global market, an especially critical need at a juncture when oil consumption has endured a lull across North America, Europe, and China.

Consequently, the relatively lackluster surge in India’s oil consumption has further compounded the downward pressure exerted on global crude oil prices throughout the course of 2023. BOPP Film fibre-to-fibre

It’s imperative to recollect that Hindustan Petroleum Corp Ltd (HPCL), a significant Indian refiner, has artfully addressed this conundrum by sourcing up to 23% of its oil requisites from heavily discounted Russian grades. This strategic move marks a stark departure from the erstwhile practice, wherein Indian refiners scarcely engaged in transactions involving Russian oil. The shift ensued after several Western nations opted to eschew purchases from Moscow due to its military intervention in Ukraine.

While HPCL’s utilization of Russian oil is subject to the constraints of its refineries’ configurations, the corporation has adeptly maximized the exploitation of these cost-effective “opportunity crudes.” This calculated maneuver not only assists in mitigating risks arising from elevated oil prices but also encapsulates a prudent effort to “ringfence” itself from potential market volatilities.

In summation, India’s once-surging petroleum consumption, although presently marked by a perceptible deceleration, retains significance within the global oil landscape. As the nation’s economic dynamics navigate the intricate interplay of inflation and trade fluctuations, its strategic approach to sourcing and refining oil continues to wield influence beyond its borders, illustrating the intricate web that ties together regional economic shifts and the worldwide energy sector. BOPP Film fibre-to-fibre

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