Bottle Environmental Impact – Origin Materials has achieved a significant milestone in the production of biobased intermediates at its Origin 1 commercial plant in Sarnia, Canada 08-04-2024
Bottle Environmental Impact
- 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
Bottle Environmental Impact
| Polyestertime | |||
| ITEM | 25/03/2024 | 08/04/2024 | +/- |
| Bottle grade PET chips domestic market | 7,150 yuan/ton | 7,130 yuan/ton | -20 |
| Bottle grade PET chips export market | 910 $/ton | 910 $/ton | – |
| Filament grade Semidull chips domestic market | 6,890 yuan/ton | 6,970 yuan/ton | +80 |
| Filament grade Bright chips domestic market | 6,900 yuan/ton | 6,990 yuan/ton | +90 |
| Pure Terephthalic Acid PTA domestic market
Bottle Environmental Impact |
5,985 yuan/ton | 5,985 yuan/ton |
– |
| Pure Terephthalic Acid PTA export market | 750 $/ton | 740 $/ton | -10 |
| Monoethyleneglycol MEG domestic market | 4,490 yuan/ton | 4,450 yuan/ton |
-40 |
| Monoethyleneglycol MEG export market | 525 $/ton | 517 $/ton | -8 |
| Paraxylene PX FOB Taiwan market | 1,052 $/ton | 1,059 $/ton |
+7 |
| Paraxylene PX FOB Korea market | 1,030 $/ton | 1,037 $/ton | +7 |
| Paraxylene PX FOB EU market | 1,175 $/7on | 1,150 $/ton | -25 |
| Polyester filament POY 150D/48F domestic market | 7,625 yuan/ton | 7,725 yuan/ton |
+100 |
| Recycled Polyester filament POY domestic market | 7,400 yuan/ton | 7,400 yuan/ton | – |
| Polyester filament DTY 150D/48 F domestic market | 9,000 yuan/ton | 9,100 yuan/ton | +100 |
| Polyester filament FDY 68D24F | 8,850 yuan/ton | 8,900 yuan/ton | +50 |
| Polyester filament FDY 150D/96F domestic market
Bottle Environmental Impact |
8,175 yuan/ton | 8,250 yuan/ton | +75 |
| Polyester staple fiber 1.4D 38mm domestic market | 7,470 yuan/ton | 7,500 yuan/ton | +30 |
| Caprolactam CPL domestic market | 12,450 yuan/ton | 12,725 yuan/ton |
+275 |
| Caprolactam CPL overseas market | 1,650 $/ton | 1,620 $/ton | -30 |
| Nylon 6 chips overseas market | 1,910 $/ton | 1,910 $/ton | – |
| Nylon 6 chips conventional spinning domestic market | 13,950 yuan/ton | 14,200 yuan/ton | +250 |
| Nylon 6 chips high speed spinning domestic market | 14,300 yuan/ton | 14,300 yuan/ton | – |
| Nylon 6.6 chips domestic market
Bottle Environmental Impact |
22,200 yuan/ton | 22,200 yuan/ton | – |
| Nylon6 Filament POY 86D/24F domestic market | 16,450 yuan/ton | 16,400 yuan/ton | -50 |
| Nylon6 Filament DTY 70D/24F domestic market | 18,800 yuan/ton | 18,750 yuan/ton- | -50 |
| Nylon6 Filament FDY 70D/24F | 17,600 yuan/ton | 17,600 yuan/ton | – |
| Spandex 20D domestic marke | 33,800 yuan/ton | 33,700 yuan/ton | -100 |
| Spandex 30D domestic market | 32,300 yuan/ton | 32,200 yuan/ton | -100 |
| Spandex 40D domestic market | 29,300 yuan/ton | 29,200 yuan/ton | -100 |
| Adipic Acid domestic market
Bottle Environmental Impact |
9,350 yuan/ton | 9,450 yuan/ton | +100 |
| Benzene domestic market | 8,650 yuan/ton | 8,800 yuan/ton | +150 |
| Benzene overseas market | 1,037 $/ton | 1,068 $/ton | +31 |
| Ethylene South East market | 1,010 $/ton | 1,010 $/ton | – |
| Ethylene NWE market CIF | 855 $/ton | 873 $/ton | +18 |
| Acrylonitrile ACN domestic market | 9,800 yuan/ton | 10,000 yuan/ton | +200 |
| Acrylonitrile ACN overseas market | 1,200 $/ton | 1,200 $/ton | – |
| Acrylic staple fiber ASF domestic market
Bottle Environmental Impact |
14,600 yuan/ton | 14,600 yuan/ton | – |
| Viscose Staple Fiber VSF domestic market | 13,250 yuan/ton | 13,250 yuan/ton | – |
| PP Powder domestic market | 7,150 yuan/ton | 7,250 yuan/ton | +100 |
| Naphtha overseas market | 712 $/ton | 710 $/ton | -2 |
| Phenol domestic market | 7,320 yuan/ton | 7,425 yuan/ton | +105 |
r-PET high end eco-friendly chips =8,300 yuan/ton — 8,300 yuan/ton –
- PET Bottle Polymers -EU beverage bottles: 24% recycled content, progress towards circularity, but more work for 2025 targets 01-04-2024
- New enzyme technology for environmentally friendly plastic recycling
Bottle Environmental Impact
Recycled polymer prices have been steadily rising across various material types
Recycled polymer prices have seen a consistent uptick across various materials. Let’s explore further:
- R-PET (Recycled Polyethylene Terephthalate): Demand for R-PET has nearly returned to pre-pandemic levels. Beverage bottle converters are restocking their inventory, driven by concerns over potential future price hikes. This surge in demand marks a significant rebound after a prolonged period of subdued activity.
- Standard Recycled Plastic Prices: In February, prices for standard recycled plastics witnessed an upward trend, with R-PET experiencing the most notable increase. Producers upped the price for clear food-grade pellets and clear flakes by €70-80 per tonne, while colored flakes saw a hike of €40-50 per tonne.
Despite these positive shifts, overall demand for most material types still lags behind pre-pandemic levels. Nonetheless, the recent improvements hint at a promising trajectory for the recycled polymer market.
Origin Materials has achieved a significant milestone in the production of biobased intermediates at its Origin 1 commercial plant in Sarnia, Canada
By transitioning from corn starch-based feedstocks to wood processing residues, such as sawmill waste, the company has made strides in sustainability. Utilizing Forest Stewardship Council (FSC) verified wood waste, lumber by-products, and wood floors from local sawmills, Origin Materials has successfully generated sustainable intermediates. These intermediates, derived from wood chips and sawdust, serve as alternatives to petroleum-based counterparts, catering to a wide array of product applications. Bottle Environmental Impact
John Bissell, Origin Materials’ co-founder and co-CEO, highlights the versatility of these intermediates, emphasizing their potential to replace traditional petroleum-derived materials. Initial production batches are earmarked for process refinement, aiming to enhance efficiency and yield optimization.
Employing biomass feedstocks, Origin Materials commenced production of chloromethyl furfural (CMF) and hydrothermal carbon (HTC). CMF serves as a precursor for paraxylene, pivotal in the production of polyethylene terephthalate (PET) and FDCA, an intermediate for producing polyethylene furanoate (PEF). Bottle Environmental Impact
PEF, a biobased and recyclable polyester, presents a sustainable alternative to PET in various applications including films, bottles, and textile fibers. Meanwhile, HTC facilitates the production of sustainable carbon-black for tires.
KazMunayGas cuts its share in Silleno, a company that develops a multi-billion polyethylene project
KazMunayGas (KMG, a subsidiary of Samruk Kazyna) has sold a 20% share in Silleno, a joint venture developing a $7.7 billion polyethylene project.
As KMG reported, the move happened on March 29. Now, the national oil company controls a 29.9$ stake in the company. No details of the deal were provided.
At the same time, according to eGov there are several shareholders in Silleno: KMG, KMG PetroChem, Russian Sibur Holding and Chinese Sinopec Overseas Investment Holding (Singapore) PTE LTD. Bottle Environmental Impact
In October 2023, while on an official visit to China, President Kassym-Jomart Tokayev met with Ma Yongsheng, chairman of the board of Sinopec Corp. The two sides agreed to launch the construction of a polyethylene production facility in the Atyrau region in the second half of 2024. The total cost of the projects was evaluated at $7.7 billion.
President Tokayev emphasized that Sinopec has significantly contributed to bilateral relations between Kazakhstan and China and described the Chinese company as a strategic partner for Kazakhstan’s oil and gas industry. Bottle Environmental Impact
