Brexit Carbon Fiber RePolyester 27-01-2020
Brexit Carbon Fiber RePolyester
-Crude Oil Prices Trend
PSA Group said it will repatriate expatriate staff and their families from the Wuhan area in China, which is at the center of an outbreak of coronavirus.
The maker of Peugeot and Citroen cars said that 38 people would be evacuated and that the initiative will be executed in full collaboration with the Chinese authorities and the French general consulate.
China’s move to phase out single-use plastics has stirred concern among market players about the growth of plastics demand. The regulations might affect as much as 4m tonnes/year of polymer demand.Brexit Carbon Fiber RePolyester
The new rules prohibit the production and use of disposable and non-biodegradable plastic finished products.
The impact on polyethylene (PE) demand is expected by ICIS to be more than 3m tonnes/year because of the widespread use of the polymer to make shopping bags, courier bags (bags that are sealed on one side), and agricultural film.
Coca-Cola is shaking off environmentalists’ calls to change its packaging, saying there is too much demand for the plastic bottles.
The soft drink giant’s head of sustainability, Bea Perez, told the BBC that consumers are fans of plastic-packaged drinks because they’re able to reseal their bubbles in lightweight packaging.Brexit Carbon Fiber RePolyester
With a bad memory left for the economy after the SARS virus spread 20 years ago,growing fears arise as new cases of the coronavirus are detected every day.
Investors’concern is evident in the possibility of issuing travel warnings as the virus spreads,hurting the global economy.
Corona viruses are transmitted between animals and people and can develop into strains not previously identified in humans.Brexit Carbon Fiber RePolyester
Amid several measures taken to tackle the virus,China suspended most public transportation in Huanggang,encouraging people not to leave the city. The city that is considered the epicenter of the “Corona”outbreak that killed 26 people and infected more than 630 cases,according to official television in China.
US company Anellotech says it is significantly expanding its programme with Plas-TCat, a new process technology aiming to convert a wide range of plastic waste directly into chemicals, which can then be used to make new, virgin plastics.
By leveraging Anellotech’s existing Bio-TCat process, which converts biomass into bio-based chemicals and biofuels, Plas-TCat has demonstrated encouraging results in lab studies using pure plastics.Brexit Carbon Fiber RePolyester
Plas-TCat has the potential to offer a new, cost-effective process that will recycle significant quantities of waste plastics directly into commodity chemicals. Once in the recycling system, waste plastics could be converted into commodity chemicals such as olefins, alkanes and aromatic chemicals, which are identical to their petro-based counterparts which are currently used by manufacturers to make virgin plastics.
Bank of Singapore forecasts impact to China’s annual GDP growth to be up to 0.5% — half the 1% hit it took from SARS in 2003
The coronavirus outbreak that has infected more than 1,300 people, mainly in China, is “unlikely to cause lasting damage” to the global economy, the Bank of Singapore said in a research report.Brexit Carbon Fiber RePolyester
The virus outbreak, which originated in Wuhan, China, is expected to last two to four months and the impact to China’s annual gross domestic product growth will be around 0.5 per cent or less, the bank said on Friday. It will have a smaller impact than the SARS (Severe Acute Respiratory Syndrome) outbreak in 2002-2003, which caused a 1 per cent hit to China’s GDP growth.
The team at DuPont Sorona has challenged the designers to think about the full lifecycle of a garment by showcasing a ski jacket where every layer is a spandex-free stretch solution that can be recycled. Brexit Carbon Fiber RePolyester
Sorona brand uses a fabric that offers the perfect comfort stretch performance without breaking down over time due to heat, UV rays or chlorine exposure.
The ski jacket – using partially bio-based Sorona fabrics for the inner and outer layers, the insulation, and the faux fur trim – is debuting exclusively at the upcoming Outdoor Retailer Snow Show on January 29-31, 2020 in Denver and at ISPO Munich, January 26-29, 2020.
Lace specialist Iluna Group will show a brand new naturally dyed Yoga Capsule Collection for the first time at the upcoming Milano Unica (4-6 February 2020, Hall 12 booth E06).
“Iluna Group is ready to attend the main trade show dedicated to all fashion professionals oriented to high quality and innovation, reference point for the textile and accessories sector attended by the largest and most significant Italian and European producers,” the company says enthusiastically.Brexit Carbon Fiber RePolyester
Libya’s oil production has plunged by around three-quarters since forces loyal to military strongman Khalifa Haftar launched a blockade a week ago, the National Oil Company announced Saturday.
The fall, from 1.2 million barrels a day to just over 320,000, has caused estimated losses of $256 million since the closure of major oil fields and ports in the east and south of the country, the NOC said in a statement.Brexit Carbon Fiber RePolyester
Haftar began an offensive in April last year to seize the capital Tripoli from the UN-recognised Government of National Accord.
Pro-Haftar forces blockaded the main oil terminals in eastern Libya the day before a summit in Berlin on January 19 that called for the end of foreign interference in the conflict and a resumption of the peace process.
Oil prices could continue to fall if quarantine is not lifted
Oil prices dropped following news of the coronavirus outbreak, mainly concentrated in China.
The oil market in understandably concerned when China is impacted, as the nation is the world’s largest crude oil importer, importing 10.12mn barrels per day in 2019, according to the General Administration of Customs.Brexit Carbon Fiber RePolyester
Brent crude dipped to just under $60 per barrel for the first time in 2020, and WTI sat at $54 per barrel as of writing.
Brexit Carbon Fiber RePolyester