Pyrolysis catalysts – Indorama Ventures undergoes a restructuring of its operations 06-03-2024

Pyrolysis catalysts

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Indorama Ventures undergoes a restructuring of its operations

Indorama Ventures (IVL), a leading polyester producer, unveils its IVL 2.0 strategic plan aimed at cutting costs, enhancing capabilities, and boosting profitability amidst evolving global chemical markets. CEO Aloke Lohia underscores the necessity for restructuring due to persistent shifts in market dynamics.

Several factors hamper the group’s profitability, including excessive Chinese exports driven by weak domestic demand, low raw material costs in North America, and global economic and geopolitical challenges affecting consumption. Despite a 53% profit dip in the last fiscal year, Indorama Ventures benefits from operational integration, employing “make or buy” strategies to mitigate raw material price fluctuations.  Pyrolysis catalysts

The IVL 2.0 strategy accelerates the transformation initiated in 2021, prioritizing profitability recovery amid market uncertainties. The plan includes downsizing operations, enhancing shareholder value, and preparing for long-term demand normalization.

Key initiatives involve optimizing capital, improving cash flow, and reducing debt by $2.5 billion to approximately $4.3 billion by 2026. Operational improvements aim to generate $800 million in cash flow, supplemented by $1.7 billion from strategic interventions like divestments and listings.  Pyrolysis catalysts

Resource optimization targets an operating rate increase from 74% to 89% over three years by reallocating capacity to cost-efficient structures. Project Olympus 2.0 seeks $450 million in efficiency gains by 2026. Non-core asset sales are projected to yield around $1.3 billion.

Indorama Ventures plans to leverage sustainability innovations to add $350 million in value annually. Already, restructuring efforts include renaming the oxides and derivatives business to Indovinya and reorganizing chemical intermediates under the Combined PET segment.  Pyrolysis catalysts

Asset optimization involves a non-monetary write-down of $308 million for the Corpus Christi plant, reflecting the challenging economic climate. Indorama Ventures remains committed to agile strategies to navigate market volatility and ensure long-term success.

Pyrolysis catalysts

Mr. Aloke Lohia CEO Indorama Ventures

PET Enters March 2024 on a Stable Note in Europe and USA, Outlook Seems Bullish

Polyethylene Terephthalate (PET) price experiences a contradictory trend for the US and European market during early March 2024. In the US market, PET price remained stable during the first week of March 2024, due to the balanced supply chain and uninterrupted operation while market took a growth of around 4.5% in February 2024, attributed to the significant factors from feedstock shortage and logistics interruption. Eventually, PET prices marked stable price during first week of March 2024, However, Alpek Polyester USA, has announced to increase the PET price by around USD 110/MT, in effect from 1st March 2024, owing to the complexities from the upstream and logistics factors, that has been a complex factor in the import.  Pyrolysis catalysts

In recent months, the PET market has experienced a shortage of its feedstock i.e. Mono Ethylene Glycol, driven by the shutdown of manufacturing units or reduction in the operation capacities, due to the unfavorable climate conditions. The shortage of MEG (raw material for PET) coupled with the fluctuation in crude oil prices and geological tensions forced the key players to increase the price, including Indorama Ventures and MEGlobal.

European market has experienced the same trend for PET prices, In the first week of March 2024, the price escalated by around 1.2% in Germany while in previous month, price rose by 5.8% on month-on-month basis. This is attributed to the intense feedstock price and supply chain disturbance. Concurrently, the downstream market has lackluster demand during recent months that is why commodity prices hold price stability from the last multiple weeks. Pyrolysis catalysts

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PET Enters March 2024 on a Stable Note in Europe and USA, Outlook Seems Bullish

SK Ecoplant and CSCEC have joined forces to construct a $2 billion green hydrogen project in Egyp

SK Ecoplant and China State Construction Engineering Corporation (CSCEC) are joining forces to construct a $2 billion green hydrogen and green ammonia production plant within the Suez Canal Economic Zone (SCZone) in Egypt. This collaborative effort aims to have the facility fully operational by 2029, as announced by SK Ecoplant.

The project will leverage 778 MWs of renewable energy, including 500 MW of solar energy and 278 MW of onshore wind energy.

These renewable sources will facilitate the annual production of 50k tons of green hydrogen and 250k tons of green ammonia.  Pyrolysis catalysts

Upon allocation of land by the Egyptian government, SK Ecoplant and CSCEC will initiate feasibility studies to determine the project’s scale and timeline. This venture aligns with Egypt’s broader initiative, as the government recently signed seven agreements with international developers to implement green hydrogen and renewable energy projects in the SCZone over the next decade, with a total investment exceeding $40 billion.

Hala El Said, the Minister of Planning and Economic Development, disclosed that the pilot phase alone will secure investments of $12 billion, while the first phase will attract around $29 billion. This collaborative endeavor underscores the commitment to advancing sustainable energy solutions and economic development in Egypt’s strategic economic zone. Pyrolysis catalysts

Pyrolysis catalysts

PTA Market in February 2024 Faces Turmoil Amidst Weak Downstream Demand

The UK market for PTA (Purified Terephthalic Acid) had volatility in February 2024 where the month began on an upward trajectory due to increased transportation costs and ended on a stable note due to low downstream demand dynamics.

The force majeure of Alpek UK, impacting 220,000 tonnes of annual production, has caused a short-term surge in inquiries for European PTA producers as UK buyers seek alternative sources. However, this was expected to be a temporary phenomenon where prices for PTA remained unchanged during the last week of February 2024 to settle at USD 927/MT, PTA FD Southampton, UK.  Pyrolysis catalysts

At Alpek’s Wilton facility (220kta), a hold period was necessary due to a PTA shortage brought on by the Red Sea delays. As per the market sources, it was revealed that Alpek had no choice but to shut down the plant for 30 days after experiencing production problems since restarting. Despite the initial supply hiccup, the bigger picture reveals a weak overall demand for PTA. Cautious buyers and slow downstream consumer demand limit the potential for sustained price increases which accounted for stability in the H2 of February 2024.

However, at the beginning of February, one factor influencing an upswing for the PTA market was the Red Sea crisis-related supply disruptions.  Pyrolysis catalysts

The prolonged crisis has delayed the arrival of import shipments from the Middle East and Asia, which directly affects the availability of PTA on the European market. While the current situation has tightened spot availability, restocking remains limited due to the weak underlying demand. Even though the immediate shutdown has caused a temporary disruption, the underlying market fundamentals point towards returning to a more stable pricing environment.

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PTA Market in February 2024 Faces Turmoil Amidst Weak Downstream Demand

Advancement of Green Ammonia Sees Multimillion-Dollar Capital Raise

Jupiter Ionics’ recent $9 million capital raise propels their electrochemical green ammonia technology, advancing a more sustainable approach to global food production and the energy transition. Traditional ammonia production, highly carbon-intensive, faces disruption as Jupiter Ionics pioneers electrolysis for potential zero-carbon emissions.

Green Ammonia’s versatility promises a low-carbon future, serving as fuel, supporting international shipping, and storing hydrogen. The funding targets scaling up a comprehensive system utilizing water, air, and renewable energy to produce ammonia efficiently.  Pyrolysis catalysts

CEO Dr. Charlie Day welcomes new investors – Wesfarmers Chemicals, Energy & Fertilisers, CIMIC Group, and Breakthrough Victoria – alongside original backers. Their support amplifies efforts toward a net-zero future by integrating technology into larger prototypes and expediting market entry.

CIMIC Group Executive Chairman Juan Santamaria emphasizes the significance of carbon-neutral ammonia for transport and renewable energy export, underlining the capital raise’s role in commercializing Jupiter Ionics’ electrochemical technology.

Alastair Hick, Monash University CCO and Jupiter Board member, highlights the urgency of scaling up green ammonia production, noting Jupiter Ionics’ global impact potential.

Grant Dooley, CEO of Breakthrough Victoria, echoes this sentiment, expressing enthusiasm for investing in sustainable ammonia production to decarbonize agricultural systems and bolster Australian sovereignty.  Pyrolysis catalysts

This investment follows Jupiter Ionics’ recognition by prestigious international bodies like the Royal Society of Chemistry and the Nature Awards spinoff prize, affirming their technological prowess and global relevance.

Advancement of Green Ammonia Sees Multimillion-Dollar Capital Raise

Upcycling polyethylene into thermoplastic polyurethane

A groundbreaking plastics-recycling venture is underway in India with the inauguration of a pioneering pilot plant. Novoloop, based in Menlo Park, California, in collaboration with Aether Industries of Gujarat, India, is spearheading the development of an innovative pilot facility to upscale Novoloop’s Lifecycling technology. This technology represents a breakthrough in industrial processes as it transforms polyethylene (PE) waste into thermoplastic polyurethane (TPU) through controlled oxidation, a process diagrammed here. By oxidizing PE waste, Lifecycling yields diacid monomers that can substitute fossil-based adipic acid conventionally used in TPU production.  Pyrolysis catalysts

According to Jennifer Le Roy, Novoloop’s chief technology officer, Lifecycling offers a superior alternative to pyrolysis, producing higher-value products within the petrochemical value chain rather than just oils for displacing fossil-fuel feedstocks. The scale-up initiative primarily targets various post-consumer PE waste sources, including challenging streams like heavily degraded and oxidized films, unsuitable for mechanical recycling or pyrolysis.

The versatility of the diacid monomers extends beyond TPU, finding utility in polyesters, polyamides, and other high-performance materials. By the close of 2024, Novoloop anticipates the pilot plant reaching a plastics-processing capacity of approximately 70 metric tons per year (m.t./yr).  Pyrolysis catalysts

Nedim Hasanbegovic, Novoloop’s vice president of engineering, sees the integrated pilot plant as a significant stride towards commercial viability, marking a pivotal phase towards continuous, full-scale production.

Upcycling polyethylene into thermoplastic polyurethane

Five factors to watch in US and Asian recycling

Following on the heels of Will Collins and Chloe Kinner’s plastic recycling blog (Five things to watch out for in Europe in 2024), Argus’ US and Asian plastic recycling experts outline some of the key issues to watch in their regions in the year to come. 

New Jersey recycled content mandates

Extended producer responsibility (EPR) continues to be the fastest-moving legislation in the US for plastics recycling. Several states are considering new EPR schemes, although it’s been quite a few months since the latest EPR bill passed into law in Maryland. But a new law mandating recycled content in plastic packaging in New Jersey may be of particular interest for recyclers this year.  Pyrolysis catalysts

New Jersey on 18 January introduced a 10pc minimum recycled content requirement for rigid plastic containers and 15pc for plastic beverage bottles, becoming the first east coast state, and the third overall after Washington and California, to have such legislation. New Jersey’s is the first mandate to extend beyond beverage containers and waste disposal bags to include rigid plastic containers.

Three of 50 states is a small percentage, although they are home to more than 15pc of the US population, and there is no sign of a nationally binding requirement to use recycled plastic at this stage. But the laws may have an impact outside of their immediate jurisdiction, with companies likely to align their regional or even national supply chains to the strictest legislation to streamline their operations. It will be interesting to see what impact the New Jersey legislation has on recyclate demand – for rPET and recycled polyolefins – during this year.  Pyrolysis catalysts

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Five factors to watch in US and Asian recycling

rPET granules – In 2022, there was a reduction of 19 kilograms per person in municipal waste 05-02-2024

Pyrolysis catalysts

PVC recycling – Indorama Ventures (IVL) : FY 2023 revenue down 17% as EBITDA shrinks by half / PET, Fibre assets undergo strategic review 29-02-2024

PVC recycling

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The Vinyl Institute has partnered with the Cyclyx Consortium to advance PVC recycling efforts

The Vinyl Institute (VI), representing leading manufacturers in the vinyl industry since its establishment in 1982, has recently joined the Cyclyx Consortium, an initiative by Cyclyx International aimed at elevating post-use plastic recycling from 10% to 90%. The inclusion of VI in this consortium marks a significant step forward in enhancing plastic recyclability.

The vinyl industry, encapsulated by VI, boasts a considerable presence in the United States, comprising 3,000 manufacturing facilities and providing employment for 350,000 individuals, with an economic valuation of $54 billion. VI champions vinyl material as indispensable across various sectors such as packaging, construction, water delivery, healthcare, and transportation.  PVC recycling

Notably, the recycling potential of PVC (polyvinyl chloride), a key component of vinyl material, is substantial, with 1.1 billion pounds recycled annually in the US and Canada. Efforts by PVC manufacturers to divert pre-consumer scrap from landfills and the roofing industry’s recycling initiatives for post-consumer material contribute significantly to this recycling endeavor.

VI, alongside the vinyl industry, is steadfast in its commitment to recycling, particularly targeting installation scrap, post-use waste, and end-of-life materials. As a new member of the Cyclyx Consortium, VI aims to facilitate the recycling of 160 million pounds of post-consumer PVC by 2025.  PVC recycling

Ned Monroe, CEO of VI, expressed optimism about leveraging the Cyclyx Consortium’s network to enhance post-consumer PVC recycling. Ron Sherga, Vice President of Membership and Engagement at Cyclyx, echoed this sentiment, anticipating collaborative efforts to collect vinyl materials from diverse industries, diverting them from landfills and bolstering recycling initiatives within the vinyl community.

PVC recycling

SGT Makes €3 Million Investment in New Material Central Facility

SGT, a manufacturer specializing in PET and RPET preforms, proudly announces the installation and operational start-up of a new material central facility at its Reze site in Loire-Atlantique, France. This represents a major investment of €3 million12.

The material central facility streamlines the supply of PET and RPET pellets to the injection molding press park, operating autonomously since the beginning of the year. By eliminating the need for direct human intervention, it enhances efficiency while improving ergonomic conditions for employees, reducing strenuous tasks and repetitive movements associated with material transfers.  PVC recycling

To optimize operational processes, four kilometers of pipes have been strategically installed to ensure a continuous supply of raw materials. The state-of-the-art computer system, deployed by MAT Techno-Logic, offers precise management of material mixtures for each preform injection press, enabling automatic management of diverse mixtures and enhancing production versatility.

François-Xavier Ollier, Production Manager of the SGT Group, emphasizes, “This modernization initiative aims to boost productivity, efficiency, and the quality of our preforms, aligning with our commitment to exceed customer expectations.”

The implementation of this advanced system brings several key benefits, including increased production efficiency, significant time savings, expanded storage capacity with 280 tons of transition storage, and enhanced supply chain security by minimizing risks associated with human errors.  PVC recycling

Moreover, the new material central facility reinforces the company’s dedication to product traceability and environmental responsibility. Advanced tracking systems ensure the quality and origin of each product, meeting the strictest customer requirements and environmental standards1.

PVC recycling

Indorama Ventures (IVL) : FY 2023 revenue down 17% as EBITDA shrinks by half / PET, Fibre assets undergo strategic review

In the fiscal year 2023, Indorama Ventures (IVL), a prominent PET producer based in Bangkok, Thailand, reported a significant decline in revenue, down by 17% to USD 15.6 billion (EUR 14.3 billion). This downturn was attributed to various factors, including a challenging macroeconomic environment exacerbated by the Ukraine war, inflation, high interest rates, and sluggish economic growth in key markets like Europe and China.

Alongside the drop in revenue, the company’s EBITDA plummeted by 53% to USD 1.12 billion, with sales volume contracting by 4% due to destocking activities. IVL experienced declines across all regions, particularly in Europe, the Middle East, and Asia, where it transitioned from a profit to an EBITDA loss compared to the previous year. This decline was attributed to both volume and margin pressures, as well as persistently high energy prices.  PVC recycling

Furthermore, IVL recorded a non-cash impairment of USD 308 million for its Corpus Christi assets in the fourth quarter, citing escalating project costs, labor shortages, and reduced fair market value. Consequently, the project is currently on hold pending the development of an optimized execution plan to control costs.

In response to regional disparities in aromatics pricing and increasing cost pressures, particularly in the West, IVL announced a strategic review of its PET and Fiber assets, aiming to make informed decisions regarding production optimization and geographical rebalancing, primarily towards Asia. These reviews are expected to conclude in the first half of 2024.  PVC recycling

Within its Combined PET (CPET) segment, revenues declined by 18% to USD 9.43 billion, while EBITDA contracted by 61% to USD 553 million, primarily due to volume declines and import pressures in the EMEA region. Despite these challenges, the Packaging division demonstrated resilience, with growing volumes and EBITDA, signaling potential growth opportunities in emerging markets.

PVC recycling

What Causes Polypropylene Prices to Rise in Europe but not in the US and Asia, Feb 2024

In a continuation of the stable trend observed over the past three weeks, the US Polypropylene (PP) market has maintained unwavering stability, with prices remaining unchanged during the last week of February 2024. This trend is particularly evident in the PP Copolymer Grade DEL Houston segment, emphasizing a sustained period of equilibrium and pricing steadiness. The average price for this grade over the week was recorded at USD 1106/MT, indicating a balanced market where the interplay of supply and demand has led to minimal fluctuations in Polypropylene prices.  PVC recycling

Contrary to the global stability, the European region experienced a notable 3% increase in PP prices this week. The driving force behind this upward trend was the adjustment in production costs, notably the rise in the price of feedstock Propylene by approximately 2% since the commencement of the new year. Despite stable demand within the region, the supply remained categorized as low to moderate. The effects of the Red Sea crisis diminished during this period, yet a scarcity of the product persisted, leading to an average price of USD 1310/MT for PP Injection Moulding FD Hamburg over the week.

In the Chinese market, even though Chinese industry participants have not fully resumed their work routines following an extended holiday, the PP markets have officially reopened, showcasing new cost-driven price increases domestically.  PVC recycling

Elevated energy prices provide a solid cost foundation, enabling sellers to increase their offers compared to the pre-holiday period. Simultaneously, the trading atmosphere remains cautious due to a slower-than-anticipated demand recovery and prevailing supply pressures domestically, adding pressure to market sentiment and constraining potential PP price increases.

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What Causes Polypropylene Prices to Rise in Europe but not in the US and Asia, Feb 2024

Study finds byproducts in recycled food packaging warrant review

Researchers at Iowa State University recently highlighted the necessity of monitoring for nonintentionally added substances in recycled plastics used in food-contact applications.

Understanding the risks posed by nonintentionally added substances (NIAS) in recycled polyolefin materials used as food contact materials (FCMs) in packaging is necessary to safeguard public and environmental health, according to a recently published study.

Researchers at Iowa State University recently highlighted the necessity of monitoring NIAS contaminants and aligning them with regulations to limit the use of potentially harmful additives in plastics.  PVC recycling

NIAS are not added into polymers to impart technical benefits but often are byproducts of degradation or manufacturing or are created during consumer use. More monitoring would enhance the safe recycling and disposal of plastic, which is key to building a more circular economy. Properly evaluated, reusing plastics also reduces environmental waste and landfill accumulation.

Food packaging is one of the most important sectors of the plastic industry, comprising almost 40 percent of the total plastic demand. According to the U.S. Environmental Protection Agency, 14.5 million tons of plastic containers and packaging were produced in the USA in 2018, yet the proportion of this material that is being recycled has held steady or even declined over the past few years.  PVC recycling

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Study finds byproducts in recycled food packaging warrant review

CCL Industries unveils the inauguration of its sustainable sleeve label hub in Austria

CCL Industries, a renowned global leader in specialty label, security, and packaging solutions, proudly announces the official inauguration of its sustainable sleeve label hub in Dornbirn, Austria. This milestone marks the completion of its relocation from the former site in Hohenems.

Representing a substantial €50 million investment, the new facility boasts more than double the capacity of its predecessor, spanning nearly 10,000 square meters. It features cutting-edge amenities including a state-of-the-art production area and a fully automated warehouse equipped with intelligent software for optimal space management and intra-logistics automation.  PVC recycling

Günther Birkner, a member of CCL’s management team, highlights the advancements: “The move brings significant enhancements, offering a modern workplace and utilizing state-of-the-art technology. Designed with modern sustainability principles, our aim is to further reduce our carbon footprint.”

At the Dornbirn facility, CCL specializes in the latest sustainable shrink sleeve technology, known as EcoFloat™, crafted from low-density polyolefin material. These sleeves facilitate efficient recycling by easily separating from primary containers during the sorting process.

Jens Winkler, General Manager, expresses pride in serving both local and international clientele with innovative solutions and reliable technical support. Notable achievements include collaborations with global brands like Henkel AG, showcasing CCL’s commitment to future-proof packaging.  PVC recycling

In its holistic sustainability approach, CCL emphasizes “reduce, reuse, recycle” principles, actively supporting recycling initiatives. Energy efficiency measures include utilizing recovered heat from production machinery for heating and implementing a solar photovoltaic system with over 2,000 panels on the roof, contributing to substantial CO2 savings.

Bernd Schmidle, Production Manager at CCL Dornbirn, underscores the company’s commitment to sustainability through meticulous planning and implementation of advanced technologies in the new facility.

CCL Industries unveils the inauguration of its sustainable sleeve label hub in Austria

By mid-2024, CATL aims to cut the cost of electric car batteries in half

CATL, the world’s leading battery manufacturer, is poised to revolutionize the electric vehicle industry by slashing the cost of lithium-iron-phosphate (LFP) cells by 50% by mid-2024. As reported by CnEVPost, CATL’s ambitious plan aims to reduce the cost per kWh, making electric cars more affordable for consumers worldwide. The new square cells, boasting dimensions of 148 mm x 26.5 mm x 91 mm and a capacity of 173 Ah, meet Vda specifications and can be fully charged in under 30 minutes. These cutting-edge cells are set to be distributed to various electric vehicle manufacturers at an average price of 400 RMB/kWh (approximately $56.47/kWh or 51 euros).  PVC recycling

This significant cost reduction marks a substantial shift from the mid-2023 average price range of RMB 800 to RMB 900 per kWh for LFP battery square cells. The projected decrease means that a 60 kWh battery pack’s cost could plummet from $6,776 to $3,388 within just a year, translating to savings of over $3,000 per vehicle for manufacturers. Consequently, consumers can anticipate the emergence of compact electric cars at highly competitive prices.

Leapmotor’s CEO, Cao Li, anticipates even further price drops, suggesting that CATL’s cells could potentially reach 320 RMB/kWh, equivalent to approximately 41 euros. Confirmation of these developments would undoubtedly mark a pivotal moment in the proliferation of electric vehicles, promising a more accessible and sustainable future for transportation.

By mid-2024, CATL aims to cut the cost of electric car batteries in half

PVC recycling

Toyota CO2 Negative – Recycled Plastics Market worth $63.69 billion by 2030, growing at a CAGR of 4.35 28-02-2024

Oxo-degradable products – Corsair Bangkok Company Ltd (CORSAIR), a plastic waste recycling firm, has inked a significant agreement with Shell Singapore Pte Ltd (SSPL) to supply pyrolysis oil, a mixed plastic waste feedstock 13-02-2024

Oxo-degradable products

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Corsair Bangkok Company Ltd (CORSAIR), a plastic waste recycling firm, has inked a significant agreement with Shell Singapore Pte Ltd (SSPL) to supply pyrolysis oil, a mixed plastic waste feedstock

This partnership entails Corsair, known for its conversion of daily household plastic waste into pyrolysis advanced bio oil, delivering the oil from its plastic waste chemical recycling facility in Thailand to the Shell Energy and Chemicals Park in Singapore. Once delivered, the pyrolysis oil will undergo processing to manufacture sustainable circular chemicals, crucial components utilized in various everyday products such as cleaning agents, textiles, and food packaging.

Expressing enthusiasm about the collaboration, Corsair’s CEO, Mr. Jussi Veikko Saloranta, highlighted the pressing issue of global plastic waste and stressed the importance of developing efficient recycling methods.  Oxo-degradable products

He emphasized the need to transform discarded plastic into new products rather than resorting to incineration or landfill disposal.

Corsair, originally based in Thailand but recently expanding into Europe, aims to extend its international reach to maximize its positive environmental impact.

Phil Turley, General Manager of Global Plastic Circular Economy at Shell, echoed Corsair’s commitment to sustainability. He emphasized the significance of chemical recycling as a complement to mechanical recycling efforts, essential for achieving higher recycling rates and reducing plastic waste in the environment. Turley emphasized that the partnership represents not just an innovative collaboration but a shared dedication to a sustainable and circular future.        Oxo-degradable products

Oxo-degradable products

Symphony confident despite court ruling on oxo-degradable plastics

Symphony Environmental Technologies provided an update on the recent ruling by the General Court of the European Union, which was delivered on January 31st, regarding the prohibition of oxo-degradable products that fail to biodegrade properly. Despite the court’s decision not to award compensation, Symphony remains resolute.

The court’s judgment focused solely on the discretion limits of the defendants and did not assess the efficacy of Symphony’s d2w technologies or consider subsequent studies supporting its effectiveness, nor did it examine expert evidence on microplastics formation. Symphony, supported by legal counsel, maintains that d2w should not be subject to the EU prohibition.  Oxo-degradable products

Although legal proceedings ensued, the impact on Symphony’s operations has been minimal, given the limited recent use of d2w technology in the EU. This limited adoption is attributed to confusion stemming from the wording of the EU directive, which fails to differentiate between oxo-degradable plastic and the oxo-biodegradable technology utilized by d2w.

Symphony’s attempts to amend the directive were unsuccessful, leading to the pursuit of compensation. The court’s reference to the CEN definition TR15351, which distinguishes between oxo-degradable and oxo-biodegradable plastics, supports Symphony’s position.

Michael Laurier, CEO of Symphony, expressed confidence in challenging the directive amendment and stressed the importance of communicating the value of d2w biodegradable technology globally.  Oxo-degradable products

Despite the ruling making it more challenging to sell d2w in the EU, Symphony remains optimistic about its global prospects and is committed to updating stakeholders on progress in the coming months.

Shares in Symphony Environmental Technologies were up 5.08% at 3.42p as of 1146 GMT.

Oxo-degradable products

In December 2023, the production of major plastic resins in the United States surged by 5%, reaching a total of 8.5 billion pounds

This marks a substantial uptick of 24.6% compared to December 2022. Year-to-date, the production soared to 96.7 billion pounds, indicating a notable 5% rise from the corresponding period in 2022.

The American Chemistry Council (ACC) disclosed these figures, further revealing that sales and captive (internal) usage of major plastic resins also experienced a significant boost. In December 2023 alone, sales and captive use amounted to 8.2 billion pounds, showing a 4.4% increase from the previous month and a notable 10.6% surge compared to December 2022. Yearly sales and captive use tallied up to 95.4 billion pounds, reflecting a 3.1% rise compared to the same period in 2022. Oxo-degradable products

These statistics underscore a robust performance in the U.S. plastic resin industry, with both production and consumption experiencing steady growth. The surge in production and usage highlights the continued importance and demand for plastic resins across various sectors of the economy.

Oxo-degradable products

Rumpke Waste & Recycling (Rumpke) and molecular recycling innovator Eastman have forged a pioneering alliance aimed at tackling the pressing global plastic waste crisis

In a groundbreaking move, Rumpke will soon commence the collection and sorting of challenging-to-recycle and colored PET packaging waste, materials that have long been neglected in the recycling landscape. This waste stream, totaling 100 percent, will serve as the primary feedstock for Eastman’s cutting-edge molecular recycling process.

Through Eastman’s technology, this waste will be transformed into high-quality polyesters, effectively breathing new life into materials that were previously considered non-recyclable. Oxo-degradable products

These recycled polyesters will find application across various packaging sectors, significantly bolstering the circular economy for these materials.

Jeff Snyder, Rumpke’s Director of Recycling, highlighted the urgency of the plastic waste dilemma, stressing the need for innovative solutions.

This partnership not only creates a new avenue for recycling previously unmanageable waste but also underscores the vital role of collaboration in achieving genuine circularity.

Brad Lich, Eastman’s Executive Vice President and Chief Commercial Officer, echoed this sentiment, emphasizing the symbiotic relationship between molecular and mechanical recycling in preserving valuable resources within the circular economy.

This milestone collaboration comes at a pivotal moment as Eastman prepares to launch the world’s largest material-to-material molecular recycling facility in Kingsport, Tennessee. With an annual capacity to recycle 110,000 metric tons of hard-to-recycle plastic waste, this facility represents a significant stride towards a more sustainable future.

Rumpke Waste & Recycling (Rumpke) and molecular recycling innovator Eastman have forged a pioneering alliance aimed at tackling the pressing global plastic waste crisis

New Catalyst Discovery Cuts Costs and Boosts Green Chemistry

Osaka University researchers have developed a more sustainable and cost-effective catalyst for chemical synthesis, significantly reducing the need for rare and expensive metals. Oxo-degradable products

Their nickel carbide nanoparticle catalyst efficiently converts nitriles to primary amines under mild conditions, offering a promising solution for the environmentally friendly production of pharmaceuticals and everyday products.

A team from Osaka University, along with their collaborators, has created a cost-effective catalyst for a key chemical process, potentially paving the way for further initiatives to reduce expenses within the chemical sector.

The chemical industry often relies on scarce and costly metals to manufacture pharmaceuticals and other crucial materials.

Substituting these metals with more readily available and affordable alternatives could enhance environmental sustainability, reduce expenses, and decrease the likelihood of supply chain interruptions. Oxo-degradable products

Now, in a study recently published in Chemistry – A European Journal, researchers from Osaka University and collaborating partners have met this need in their work on an industrially useful chemical transformation. The simple, gentle reaction conditions reported here might inspire researchers who are working to reduce use of expensive metals for as many chemical reactions as possible.

The Role of Noble Metals and Alternatives

So-called noble metals are especially versatile materials. For example, palladium is a metal of choice for catalyzing a chemical transformation – converting nitriles into primary amines – that is a common step in nylon and plastics production. However, such metals are rare and costly. Substitutes based on common metals such as nickel could be cheaper catalysts. Oxo-degradable products

New Catalyst Discovery Cuts Costs and Boosts Green Chemistry

Avantium announces the successful completion of its €70 million capital raise

  • Avantium secures funding for the completion, commissioning and start-up of the FDCA Flagship Plant and the acceleration of its commercial deployment
  • The gross proceeds from the rights offering is €50.5 million, resulting in the issue of 27,018,772 new ordinary shares
    • 24,467,905 new ordinary shares were subscribed through exercise of rights, representing a 90.6% take-up in the rights offering
    • The rump offering was fully subscribed  Oxo-degradable products
  • Additional upsize offering of €19.5 million, resulting in the issue of 9,376,981 new ordinary shares
    • The cornerstone investors and pre-committed shareholders were allocated €9.1 million at the issue price
    • New investors were allocated €10.4 million at a price of €2.30, representing a 3.2% discount to the closing price on 8 February 2024

Avantium N.V. announces it has raised a total of €70 million through the successful completion of its capital increase by means of a fully underwritten rights offering, for an amount of €50.5 million, and the completion of a €19.5 million institutional upsize offering.

Tom van Aken, Chief Executive Officer of Avantium, comments: “We are very pleased with this successful €70 million capital raise, exceeding the €50 million equity capital that Avantium was initially targeting. Oxo-degradable products

This transaction allows us to remain well capitalised until our FDCA Flagship Plant is commercially operational. It also enables us to strengthen our balance sheet and to accelerate our technology licensing strategy. The increased issue size of €70 million, the high exercise percentage of the rights, the commitment of our larger existing shareholders and the entry of new strategic investors reflect an increasing and broadening interest in Avantium. I would like to thank our shareholders for putting their trust in us through their contributions to this capital increase.

With their support, we help realising a renewable and circular plastics economy, and create long-term, sustainable value for all our stakeholders.”  Oxo-degradable products

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Avantium announces the successful completion of its €70 million capital raise

The relentless race towards the “perfect” battery for electric cars raises crucial questions about the price accessible to all

According to Goldman Sachs forecasts, the cost of batteries should fall from around $160 per kWh in 2023 to $120 in 2024, and then reach around $75 in 2030. This reduction could be made possible by solid-state battery technologies, which offer greater energy density, faster charging and greater safety. However, the arrival of these technologies on the market remains uncertain.
Gian Carlo Tronzano, Head of Battery Cell Global Competence Center at Comau, points out that although some companies plan solid-state battery factories by 2028-2030, large-scale production is still at an early stage. Even experts such as the former CTO of CATL have scaled back expectations, moving the arrival of solid-state batteries to no earlier than 2030.  Oxo-degradable products
Currently, the battery market sees a predominance of Eastern technologies, but there are active companies in Europe, as demonstrated by the partnership between Comau and LiNa for the production of sodium batteries. However, these alternatives will still require several years to reach large-scale production.
NMC and LFP batteries will continue to dominate the electric car market in the near term, with costs trending downwards. Mercedes and Toyota have expressed confidence in current technologies, suggesting that solid state may not be necessary in the near future. Evidently, the retirement of lithium-ion batteries is not imminent, with Toyota predicting ranges of up to 1000 km by 2027, indicating that solid state may only be a reality after 2028.  Oxo-degradable products
Toyota solid state battery

Toyota solid state battery

rPET Packaging – Avient Corporation unveils ColorMatrix AAnchor, an innovative acetaldehyde control technology for PET packaging, aimed at addressing challenges associated with increased recycled PET content 12-02-2024

Oxo-degradable products

Hydrogen Revolution – Celanese And Under Armour Develop Innovative New NEOLAST™ Fiber For Use In Performance Stretch Fabrics 23-01-2024

Hydrogen Revolution

In the latest joint military operation, the US and UK conducted air strikes on Houthi targets in Yemen, hitting eight locations, including an underground storage site and Houthi missile and surveillance capabilities

The Pentagon emphasized the goal of safeguarding the free flow of commerce in the Red Sea, a crucial trade route. The strikes aim to de-escalate tensions and restore stability in the region.Hydrogen Revolution

This marks the eighth US strike against Houthi targets in Yemen, with the UK participating in a second joint operation.

UK Foreign Secretary Lord Cameron asserted that the strikes send a clear message and aim to degrade Houthi capabilities to carry out attacks on international shipping.

The UK called for an immediate humanitarian pause and seeks a permanent, sustainable ceasefire in the region.  Hydrogen Revolution

The joint statement indicated support from Australia, Bahrain, Canada, and the Netherlands.

The UK Ministry of Defence highlighted the use of precision-guided bombs to minimize civilian casualties.

Government minister Huw Merriman stated that if Houthi attacks persist, the airstrikes will not be a one-off.

UK Defence Secretary Grant Shapps described the strikes as self-defense against the Houthis’ intolerable attacks on merchant shipping, aimed at degrading their capabilities. Liberal Democrats leader Sir Ed Davey expressed support for limited strikes but emphasized the need for parliamentary debate and a vote.

Houthi-run Al Masirah TV reported strikes in Yemen’s provinces, indicating the Houthis’ continued defiance.  Hydrogen Revolution

Despite previous strikes, the Houthis persist in targeting ships in the Red Sea.

The US and UK reiterated their commitment to freedom of navigation and international commerce, discussing the importance of humanitarian aid and civilian protections for Gaza during a phone call between President Joe Biden and Prime Minister Rishi Sunak.

The Houthis began attacking merchant vessels in response to Israel’s military operations in Gaza.

The US and UK launched previous strikes on January 11 after Houthi forces ignored an ultimatum to cease attacks.

The situation remains complex, with ongoing efforts to address the root causes and achieve a lasting resolution. Hydrogen Revolution

In the latest joint military operation, the US and UK conducted air strikes on Houthi targets in Yemen, hitting eight locations, including an underground storage site and Houthi missile and surveillance capabilities

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Stellantis, Tavares: Lowering prices (like Tesla) will lead to a bloodbath

Carlos Tavares, CEO of Stellantis, firmly asserts that the company will not adopt the price-lowering strategy employed by some competitors, most notably Tesla. Speaking after the unveiling of the new STLA Large platform on January 19th, Tavares emphasized that Stellantis currently turns a profit on every car sold, including electric vehicles, and aims to maintain this profitability in the future. He criticized the industry trend of a “race to the bottom,” warning that it will culminate in a “bloodbath,” especially for companies sacrificing profitability to boost sales, a clear reference to Tesla.

Tavares explained that maintaining healthy profit margins is essential for the industry’s sustainability. He highlighted the historical margin range of 3% to 14% for manufacturers, expressing concern about the ongoing decline in global automotive company profitability. He warned that constant destruction of value through aggressive price reductions could lead companies into financial difficulties and make them vulnerable to acquisition by financially stable groups.  Hydrogen Revolution

This statement comes amid a challenging period for the European car market, marked by a 3.8% drop in December registrations compared to the previous year. Despite this, the overall performance in 2023 showed a positive balance with a 13.7% increase in registrations compared to 2022. However, the industry still faces challenges, particularly in the electric car sector, where high prices are identified as a barrier to customer adoption.

In response to market challenges, Stellantis is actively reducing operating costs, exemplified by severance payments to Italian workers, staff reductions in the U.S., and plant closures in Poland.  Hydrogen Revolution

Tavares acknowledged the need to address the high price of electric cars to stimulate consumer demand and prevent market stagnation.

Stellantis, Tavares: Lowering prices (like Tesla) will lead to a bloodbath

Celanese And Under Armour Develop Innovative New NEOLAST™ Fiber For Use In Performance Stretch Fabrics

Celanese Corporation, a leading global specialty materials and chemical company, has joined forces with Under Armour, Inc., a renowned innovator in athletic apparel and footwear, to pioneer an advanced fiber for performance stretch fabrics known as NEOLAST™. This groundbreaking material serves as a high-performance alternative to elastane, commonly referred to as spandex, providing the apparel industry with a versatile solution for stretch fabrics.

NEOLAST™ not only delivers exceptional stretch, durability, and comfort expected from elite performance fabrics but also addresses sustainability challenges associated with elastane, particularly in terms of recyclability.  Hydrogen Revolution

The proprietary solvent-free melt-extrusion process used to produce NEOLAST™ fibers eliminates the need for potentially hazardous chemicals typically associated with elastane-based stretch fabrics. The fibers are manufactured using recyclable elastoester polymers, marking a significant stride in enabling the recycling of blended fabrics containing elastane. This move aligns with the industry’s pursuit of circular manufacturing for stretch fabrics.

Celanese and Under Armour are committed to exploring the potential of NEOLAST™ fibers to enhance the compatibility of stretch fabrics with future recycling systems and infrastructure.  Hydrogen Revolution

Tom Kelly, Celanese Senior Vice President of Engineered Materials, emphasizes the collaboration with Under Armour as the first step in unlocking the full potential of NEOLAST™. The innovative fiber not only enhances performance but also aligns with sustainability goals, embodying a transformative approach to textile innovation.

Kyle Blakely, Senior Vice President of Innovation at Under Armour, envisions NEOLAST™ as a transformative innovation for both the company and the textile industry, reinforcing their commitment to building better products with a focus on performance-driven sustainability. Beyond sustainability benefits, NEOLAST™ fibers offer increased production precision, allowing spinners to tailor power-stretch levels and engineer fibers to meet a diverse range of fabric specifications. Hydrogen Revolution

Celanese aims to extend the availability of NEOLAST™ fibers to the broader apparel industry, potentially reducing dependence on elastane. For more information on this groundbreaking fiber, visit www.neolastfibers.com. As Celanese and Under Armour continue to explore application opportunities, the collaborative effort holds promise for revolutionizing the future of performance stretch fabrics and promoting a circular economy in the textile industry.

Hydrogen Revolution

BP’s Odyssey into Hydrogen Revolution

As a leading force in the global oil and gas industry, BP is boldly navigating towards a future powered by green hydrogen—an innovative and sustainable energy source poised to revolutionize the carbon landscape.

This strategic shift mirrors BP’s overarching vision to transition from a traditional oil company into a fully-integrated energy behemoth.  Hydrogen Revolution

Green hydrogen is produced through water electrolysis, a process driven by electrolyzers fueled by renewable energy sources such as wind and solar power.

This environmentally conscious production method sharply contrasts with grey hydrogen, derived from natural gas, and blue hydrogen, which involves carbon capture and storage to curb emissions.

What distinguishes green hydrogen is its zero-emissions profile, presenting itself as a crucial component in the global pursuit of sustainable energy solutions.

BP’s commitment to green hydrogen is vividly illustrated through strategic collaborations. In partnership with Orsted, a Danish energy firm, BP is actively contributing to a substantial green hydrogen production facility in Germany. Hydrogen Revolution

This collaboration is just one facet of BP’s comprehensive approach to green hydrogen.

Going beyond collaborations, BP is directing investments through its venture capital arm to propel advancements in hydrogen technology.

Actively engaging with industry stakeholders and policymakers, BP is playing a pivotal role in shaping the infrastructure and transport networks necessary for a hydrogen-powered future.

As climate goals intensify, major players in the energy sector are racing to adopt low-carbon technologies.  Hydrogen Revolution

BP’s substantial investment underscores a collective acknowledgment within the industry that green hydrogen is not merely a passing trend but a lasting solution in the pursuit of sustainable energy.

BP’s strategic pivot into green hydrogen signifies a transformative repositioning, not only for the company itself but for the entire energy sector.

This move stands as a testament to the industry’s recognition of green hydrogen as a pivotal player in the evolving low-carbon energy landscape.

BP’s commitment to this sustainable energy source is poised to contribute significantly to the global effort to combat climate change and usher in a cleaner, more sustainable energy future.  Hydrogen Revolution

Hydrogen Revolution

Braskem and Shell Chemicals will work together to use more circular content in Braskem’s polypropylene production, as part of a broader improvement of the value chain, the company announced.

The circular polypropylene will be made from a feedstock that is ISCC PLUS-certified, based on a mass balance approach, and will be used by Braskem’s customers in various applications, such as packaging and automotive.

Shell plans to upgrade and process pyrolysis oil from plastic waste at its new upgrader plant at Shell’s Chemicals Park at Moerdijk, Netherlands, before sending it to Braskem’s polypropylene plant in Wesseling, Germany, for further conversion. The upgrader, which is being built, can process up to 50,000 tonnes of pyrolysis oil a year and will eliminate many of the impurities in pyrolysis oil to produce a higher quality feedstock for chemicals production. This upgraded feedstock can replace conventional virgin fossil feedstocks for the chemicals industry. Hydrogen Revolution

Danielle Ebentreich, Chief Marketing & Sustainability Officer at Shell Chemicals, says “This agreement shows our commitment to tackling challenging environmental issues, such as plastic waste and hard-to-recycle plastics. By using our investments in innovative, sustainable projects at Shell’s strategically located Energy and Chemical Parks, we can play a key role, together with our partners along the value chain, in creating sustainable solutions for our customers and society.” “Implementing initiatives that involve plastic waste recovery, and mechanical and chemical recycling in our production processes is linked to our company’s purpose to offer a more circular and sustainable future, on top of the leading position Braskem has in biopolymers globally. Hydrogen Revolution

This agreement is an important step to combine Shell’s technology and infrastructure with Braskem’s polymer skills and market knowledge towards more sustainable and scalable solutions”, says Walmir Soller, VP of Olefins and Polyolefins at Braskem Europe & Asia.

Hydrogen Revolution

Italy’s Prada’s Re-Nylon collection spotlights sustainability

INSIGHTS

  • Prada’s Re-Nylon collection, launched in 2019, signifies a dual identity of innovation and responsibility. The brand’s radical commitment to sustainability involves converting all virgin nylon production to Econyl, a regenerated nylon yarn.
  • The 2024 collection showcases timeless pieces framed by the ocean, reflecting Prada’s active preservation efforts.

Prada’s Re-Nylon collection embodies responsibility in action, placing circularity and sustainability at its core. Launched in 2019, Prada Re-Nylon – comprising accessories and ready-to-wear for men and women – epitomises a fundamental duality of Prada’s identity; innovation in spirit, responsibility in action. Hydrogen Revolution

Placing sustainability at the heart of a fashion collection, Prada Re-Nylon has instigated a shift across the brand as a whole. Today, production of all Prada virgin nylon has been converted to regenerated nylon, a radical commitment to sustainability by a major luxury house.

In the twenty-first century, notions of luxury have again shifted, embracing ideologies and environmental concerns – thinking luxury. Prada Re-Nylon is an evolution of this iconic fabric to Econyl, a regenerated nylon yarn that can be ceaselessly recycled to produce material of the same high quality, the brand said in a press release.

This journey, in turn, inspires the 2024 Prada Re-Nylon collection campaign which presents an offering of timeless and eternal pieces, worn by Emma Watson and Benedict Cumberbatch. This new collection is literally framed by the environment it is actively preserving: the ocean.  Hydrogen Revolution

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Italy's Prada's Re-Nylon collection spotlights sustainability

LG Chem partners with Italian state energy company to establish hydrotreated vegetable oil joint venture

LG Chem, the chemical unit of LG Group, partnered with Enilive, a state-run energy company in Italy, to set up a joint venture targeting the hydrotreated vegetable oil market. The biofuel with an extremely low freezing point can be used as aviation and automobile fuel.  Hydrogen Revolution
Hydrotreated vegetable oil (HVO) is made through either hydrocracking or hydrogenation of vegetable oil. Hydrocracking dismantles large molecules into smaller ones, while hydrogeneration is the process of adding hydrogen to the molecules of vegetable oil. These methods are often utilized to create alternative sources for chemical feedstocks. Diesel fuel created by hydrotreating is called renewable diesel.
LG Chem said the company agreed with Enilive to set up a joint venture for HVO business. The joint venture will construct a plant by 2026 in Daesan, about 100 kilometers (62 miles) southwest of Seoul.
The factory will produce around 300,000 tons of HVO annually. After signing a head of agreement (HOA) in February 2023 for the joint factory, the two sides carried out technical and economic feasibility tests. Hydrogen Revolution
HVO can also be used to produce of superabsorbent polymer (SAP), a raw material for diapers and many other hygiene products, and acrylonitrile butadiene styrene (ABS), a common thermoplastic polymer for manufacturing household and consumer goods as well as medical and industrial products.
LG Chem partners with Italian state energy company to establish hydrotreated vegetable oil joint venture

Europe R-PE continues to face tough trading conditions, although some optimism remains

The majority of players expect recycled polyethylene’s (R-PE) tough trading conditions to continue into 2024 due to ongoing bearish macroeconomic conditions, although many expect this to improve compared with 2023.  Hydrogen Revolution

Many are predicting that weak demand will continue across at least H1, and it will potentially not be until 2025 before the market sees a full-scale recovery, depending on the evolution of the cost of living crisis and the substitution pressure to virgin.

Some players in the recycled high density polyethylene (R-HDPE) market are hopeful of a slight bounce in Q1 – particularly players in packaging grades – as a result of restocking after the year-end, and due to the resumption of several previously suspended packaging projects.  Hydrogen Revolution

Nevertheless, the packaging sector remains more cost sensitive than it has been for various years, while the end-use market in sectors such as construction, home improvement and outdoor furniture – which continue to comprise the lion’s share of consumption – remain heavily negatively impacted by the cost-of-living crisis.

The European Parliament’s Autumn 2023 ‘Eurobarometer’ showed that 47% of Europeans have seen their standard of living reduced in 2023, with 37% having difficulties paying bills, and 73% expecting their standard of living to further decrease in the next 12 months.  Hydrogen Revolution

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Europe R-PE continues to face tough trading conditions, although some optimism remains

Aquapak research highlights fashion industry commitment to circular economy

Reducing plastic in packaging is important part of sustainability strategies

A new study with board directors and senior executives who work for fashion brands and retailers in the UK, US and Australia by Aquapak Polymers reveals 12% expect their business to be fully circular within one to two years, 34% within two to three years and 31% within three to four years.  One fifth expect to reach this goal in four to five years.

Aquapak Polymers specialises in polymer-based material technologies that can deliver both performance and environmental responsibility at scale.  Hydrogen Revolution

Almost one third (32%) rated their strategy for making their business fully circular as excellent, over half (54%) said it was good and 14% described it as average, suggesting there is room for improvement.

When it comes to sustainability leadership, over half (54%) described their business as a market leader and innovator, 39% said that their business was average and ‘following the leaders’ and 7% described their business as a laggard and ‘playing catchup’.

The findings also show that while 49% said sustainability is regarded as highly important to the success of their business, just 21% described the quality of effectiveness of their sustainability strategy and programme as excellent.  Hydrogen Revolution

Over one third (37%) said that reducing the use of polyethylene plastic in packaging is a highly important part of their sustainability strategy, and a further 63% said it was quite important.

To help reduce plastic packaging pollution Aquapak has developed Hydropol, a new polymer which is soluble and non-toxic to marine life. Hydropol can be used as an alternative to conventional plastic in a wide variety of applications as it provides the same functionality and performance but without the associated environmental problems.  It is currently used to make products such as garment bags, offering all the necessary features of traditional polybags– strength and puncture resistance, clarity of film, and protection from leakages and dirt.  Hydrogen Revolution

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Aquapak research highlights fashion industry commitment to circular economy

Electric car – Chemical recycling emerges as a pivotal solution in addressing the escalating plastic waste crisis, garnering significant attention from entities like the Alliance to End Plastic Waste 22-001-2024

Hydrogen Revolution

Fossil fuel peak – Electric Vehicles: A Solution for Faster Charging and Longer-Lasting Batteries 18-09-2023

Fossil fuel peak

Petrochemicals Polymers – M. Holland Unveils Mfinity Line of Sustainable Resins 

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Fossil fuel peak

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The expansion of renewable energy sources brings the fossil fuel peak within reach

The International Energy Agency (IEA) has revealed that the era of constant growth in fossil fuels is approaching its end within this decade, marking a significant shift in the global energy landscape and the fight against climate change. In an article published in the Financial Times, IEA director Fatih Birol highlights the implications of this transition.

Despite previous discussions about peak oil and peak coal, both fossil fuels have recently reached record highs in production, making it challenging to predict their decline. However, the IEA’s upcoming World Energy Outlook report, set to be released next month, indicates that we stand at the brink of a pivotal moment in history.

Even without the implementation of new climate policies, the report suggests that each of the three major fossil fuels—oil, coal, and natural gas—is poised to reach its peak demand in the coming years. This development is a significant departure from previous expectations and is largely attributed to the remarkable growth of clean energy technologies like solar panels and electric vehicles, structural changes in China’s economy, and the consequences of the global energy crisis. Fossil fuel peak

Global coal demand, which has remained stubbornly high for the past decade, is projected to peak in the near future. Investments in coal outside of China have dwindled, with solar and wind power dominating the expansion of electricity systems. Even in China, the world’s largest coal consumer, renewable and nuclear energy growth, coupled with a slower economy, indicates a decline in coal usage.

There had been speculations that global oil demand might have already peaked during the pandemic. While the IEA was initially cautious about such claims, the latest projections suggest that the proliferation of electric vehicles worldwide, especially in China, is steering oil demand toward a peak before 2030.

The “Golden Age of Gas,” as it was termed in 2011, is also approaching its end. Demand in advanced economies is expected to diminish later in this decade as renewables increasingly outcompete gas for electricity production, heat pumps gain popularity, and Europe accelerates its transition away from gas due to geopolitical factors.

While the forthcoming peaks in demand for fossil fuels are promising, it’s essential to consider several key factors. Firstly, the projected declines in demand, based on current policy settings, are insufficient to align the world with the goal of limiting global warming to 1.5°C. Achieving this target will necessitate more robust and rapid policy actions by governments.Fossil fuel peak

Additionally, the drop in fossil fuel consumption in advanced economies will be partially offset by continued growth in some emerging and developing economies, particularly for natural gas. The declines in demand won’t follow a linear trajectory, as temporary fluctuations, such as heatwaves and droughts affecting electricity generation, can lead to spikes in coal demand.

While the peaks in demand based on current policies don’t eliminate the need for investment in oil and gas supply, they underscore the economic and financial risks associated with major new projects in these sectors.

In conclusion, the IEA’s projections indicate a historic turning point in the energy sector, but they emphasize the urgent need for more substantial policy measures to combat climate change effectively.Fossil fuel peak

Fossil fuel peak

Electric Vehicles: A Solution for Faster Charging and Longer-Lasting Batteries

A team of researchers from the University of Pisa has found a way to improve the charging speed and lifespan of electric vehicle batteries. Their findings, published in the journal Nature Communications, could revolutionize the electric vehicle industry.

The main problem with current lithium-ion batteries is that they can degrade over time, leading to shorter range and slower charging speeds. This is due to a phenomenon called lithium plating, which occurs when lithium ions build up on the surface of the battery’s negative electrode.

The researchers from the University of Pisa found that lithium plating can be prevented by inserting pauses during the charging process. These pauses allow the lithium ions to redistribute themselves within the battery, preventing them from building up on the surface. Fossil fuel peak

The researchers also found that the pauses can be made very short, without significantly impacting the overall charging time. This means that electric vehicles could be charged quickly and safely, without sacrificing battery life.

The findings of this study are a major breakthrough for the electric vehicle industry. They could lead to the development of new battery technologies that are faster, safer, and more durable. This could make electric vehicles more appealing to consumers and accelerate the transition to a clean energy future.

In addition to the benefits of faster charging and longer battery life, the new technology could also help to reduce the risk of fires and explosions. Lithium plating is a major cause of these incidents, so preventing it could make electric vehicles much safer.

The research from the University of Pisa is still in its early stages, but it has the potential to revolutionize the electric vehicle industry. If the technology can be successfully commercialized, it could make electric vehicles a more viable option for consumers and businesses. Fossil fuel peak

This is a major step forward for the electric vehicle industry, and it could have a significant impact on the future of transportation. With faster charging and longer battery life, electric vehicles will become more appealing to consumers and businesses, and they could help to reduce our reliance on fossil fuels.

Fossil fuel peak

Repsol launches EVA range with 100% chemically recycled content

Repsol, the Spanish petrochemical company, has launched a range of ethylene vinyl acetate (EVA) copolymers made with 100% chemically recycled content. This is the first product on the market to incorporate this level of circular AV from chemical recycling.

The new EVA range is part of Repsol’s Reciclex portfolio, which encompasses both polyolefins and polyols obtained through chemical recycling, using plastic waste streams that cannot be mechanically recycled. The range is certified under the ISCC Plus mass balance approach.

Repsol says that the new EVA range is especially relevant for applications that cannot use mechanical recycling due to the properties required by the final product. For example, it can be used in food contact products, cosmetics, and healthcare products.

The company is also set to soon include polyol obtained through the chemical recycling of polyurethane waste in its Reciclex range.Fossil fuel peak

Repsol is building a new polyurethane foam recovery plant in Puertollano, Spain, which is expected to be operational in 2023.

Repsol’s investment in chemical recycling is in line with recent European and Spanish regulations, which are aimed at achieving a recycled content target of 30% for plastic packaging by 2030.

In simpler words:

Repsol has launched a new type of plastic made from recycled plastic waste. This is the first plastic of its kind to use 100% recycled content. The new plastic can be used to make a variety of products, including food packaging, cosmetics, and medical devices.

Repsol’s investment in chemical recycling is helping to reduce the amount of plastic waste that goes to landfills. It is also helping to meet European and Spanish regulations on recycled content in plastic packaging.Fossil fuel peak

Repsol launches EVA range with 100% chemically recycled content

Enviro and Siemens signs MOU regarding cooperation around the European expansion plan

Munich, Germany – Scandinavian Enviro Systems and Siemens has signed a MOU, memorandum of understanding, regarding a collaboration in support of the European expansion plan that Enviro announced earlier this year together with Antin Infrastructure Partners. Through the collaboration, Enviro gets access to Siemens’ extensive experience in automation and digitalization for efficient industrial production.

The MOU was signed in connection with Siemens’ now ongoing Siemens NordX Circle seminar, focusing on sustainability and digitalization, where Enviro’s CEO Thomas Sörensson is one of the speakers. A number of international business leaders participate in the seminar, including Siemens’ sustainability manager Judith Wiese, who is the seminar’s keynote speaker. Fossil fuel peak
Together with Antin Infrastructure Partners, and with the support of Michelin, Enviro has formed the world’s first large-scale tire recycling company and with the plan to establish recycling facilities in Europe by 2030 with a total annual recycling capacity of 1 million tons of end-of-life tires. Siemens is already today a supplier of both hardware and software to the tire industry and, with its focus on sustainability and digitalization, has a great interest in supporting Enviro during the upcoming phase of broad industrialization.

“With the formation of the tire recycling joint venture company, Enviro has acquired the right industrial structure and the right partner company to be able to seriously take part in the transformation of the tire industry towards increased sustainability.

As a supplier and partner, Siemens wants to support the new tire recycling company and thereby help accelerate the important journey towards increased sustainability,” says Maria Grahm, Business Unit Manager Process Automation at Siemens Digital Industries.

Fossil fuel peak

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Enviro and Siemens signs MOU regarding cooperation around the European expansion plan

Tesla’s Quiet Breakthrough in Carmaking

Tesla has made a technological breakthrough that could transform the way it makes electric vehicles (EVs). The company has developed a new way to cast the underbody of an EV in a single piece, rather than the hundreds of parts that are typically used in a conventional car. This could help Tesla to halve the production costs of its EVs and make them more affordable.

The new casting process uses huge presses with 6,000 to 9,000 tons of clamping pressure. This allows Tesla to create a single, strong and lightweight underbody for its EVs. The company is also using 3D printing technology to create the sand molds for the casting process, which is more cost-effective and allows for rapid design iterations.

Tesla is still in the early stages of developing this new casting process, but it is expected to be used in the company’s upcoming small EV, which is aiming to have a price tag of $25,000. Fossil fuel peak

If successful, this new process could revolutionize the way EVs are made and make them more accessible to a wider range of people.

Here are some of the key benefits of Tesla’s new casting process:

  • It can reduce production costs by up to 50%.
  • It can make EVs lighter and more efficient.
  • It can shorten the design and manufacturing process.
  • It can improve the crashworthiness of EVs.

Tesla is not the only automaker that is working on new casting processes for EVs. Other companies, such as Ford and BMW, are also developing similar technologies. However, Tesla is believed to be the furthest ahead in this area.

If Tesla is able to successfully commercialize its new casting process, it could have a major impact on the EV industry.

It could help to make EVs more affordable and accessible, and it could also lead to the development of new and more efficient EV designs. Fossil fuel peak

Tesla's Quiet Breakthrough in Carmaking

Sidel Introduces EvoBLOW XL, a Cutting-Edge Blowing Machine for Large PET Containers

Introduction: Sidel, a leader in packaging and blowing solutions, proudly presents its latest innovation, the EvoBLOW XL machine. This state-of-the-art technology is designed to cater to the growing demand for large PET containers while maintaining performance and sustainability. EvoBLOW XL is set to revolutionize the packaging industry by offering versatility, efficiency, and sustainability.

Key Features and Benefits:

  1. 75% Shared Parts: EvoBLOW XL leverages Sidel’s existing EvoBLOW range by sharing 75% of its components. This demonstrates Sidel’s commitment to proven performance while expanding into new markets, including hotfill products.
  2. Versatility: EvoBLOW XL serves as both a standalone machine and an integrated combi solution, accommodating a wide range of bottle formats from 8L to 10L.
  3. It offers flexible oven configurations and various bottleneck dimensions, making it adaptable for diverse large bottle types. Fossil fuel peak
  4. Efficiency: With an impressive blowing output of 18,000 bottles per hour (bph) and an overall equipment effectiveness (OEE) of 98%, EvoBLOW XL sets a new standard for production efficiency. It boasts user-friendly features for efficient changeovers, including an ergonomic embedded mold handling tool and a mobile mold storage unit.
  5. Sustainability: EvoBLOW XL is designed to handle rPET grades, offering sustainability benefits from virgin PET to up to 100% rPET. It enables lightweighting, reduces CO2 emissions, and supports the transition from HDPE to PET large bottles. The machine’s design enhancements contribute to reduced energy consumption without compromising cost-effectiveness.
  6. Bottle Design: EvoBLOW XL enhances the blowing process, ensuring attractive and user-friendly bottle designs. It achieves perfect material distribution at speeds of 1,500 bph per mold while maintaining low blowing pressure and the highest bottle quality. Fossil fuel peak

Coverage by Packaging South Asia: Packaging South Asia, a prominent B2B publication and digital platform based in New Delhi, India, closely monitors the growth and impact of responsible packaging in the region. It highlights the packaging industry’s consistent outperformance compared to GDP growth, even amid challenges like supply chain disruptions and fluctuating raw material prices.

The publication covers the entire packaging supply chain, making it a valuable resource for brand owners, product managers, raw material suppliers, packaging designers, converters, and recyclers. With significant growth opportunities in the packaging industry in India and Asia, now is the ideal time to engage with Packaging South Asia’s influential platform for targeted business communication. Fossil fuel peak

Contact Information:

Sidel Introduces EvoBLOW XL, a Cutting-Edge Blowing Machine for Large PET Containers

The Nickel-Hydrogen Battery: A 30-Year Revolution in Energy Storage

Space exploration has long been a source of inspiration and innovation, leading to groundbreaking developments that have found their way into our everyday lives. One such remarkable advancement is the nickel-hydrogen battery, which not only defies the limitations of traditional batteries but also boasts an astonishing lifespan of 30 years and 30,000 charging cycles. This exceptional technology, originally designed by NASA to power space missions, is now poised to revolutionize energy storage on Earth, thanks to the pioneering efforts of American company EnerVenue.

EnerVenue, an innovative American company, is taking a giant leap forward in the battery industry by harnessing the engineering and chemistry expertise honed by NASA over four decades. The genesis of this technology traces back to its application in the power systems of the International Space Station and the Hubble Space Telescope. As EnerVenue prepares to scale up production, these nickel-hydrogen batteries are poised to replace conventional batteries, bringing with them numerous advantages that have the potential to reshape how we power our world. Fossil fuel peak

The nickel-hydrogen batteries developed by NASA for space missions have been meticulously engineered to endure the harshest conditions imaginable, from the vacuum of space to rapid temperature fluctuations. These batteries have proven their mettle as safe, durable, and recyclable energy storage solutions, while also eliminating the risks associated with fires and toxic waste. Their remarkable performance in space missions serves as a testament to their reliability and longevity.

EnerVenue’s commitment to harnessing this groundbreaking technology is evident in its recent announcement of the construction of a Gigafactory in the United States. This ambitious venture represents a pivotal moment in the energy storage industry, where space technology is set to transform the way we store and utilize power in our daily lives. Let’s delve deeper into the key attributes of nickel-hydrogen batteries and how EnerVenue’s vision could impact our future. Fossil fuel peak

The Resilience of Nickel-Hydrogen Batteries

Nickel-hydrogen batteries are engineered to thrive in the extreme conditions of outer space. Unlike traditional batteries that struggle with rapid temperature fluctuations, these batteries remain unfazed, providing a stable and reliable power source for critical space missions. The vacuum of space, with its extreme cold and intense radiation, poses significant challenges to energy storage, but nickel-hydrogen batteries have repeatedly demonstrated their ability to withstand such conditions.

Unmatched Longevity

One of the most remarkable features of nickel-hydrogen batteries is their longevity. These batteries are built to last for an astonishing 30 years, significantly outperforming conventional lithium-ion batteries, which typically have a much shorter lifespan. Moreover, they can endure a staggering 30,000 charging cycles without a significant degradation in performance. Fossil fuel peak

This exceptional durability reduces the frequency of replacements, leading to cost savings and a more sustainable approach to energy storage.

Safety and Sustainability

Safety and sustainability are paramount considerations in energy storage solutions, and nickel-hydrogen batteries excel in both areas. Unlike some conventional batteries that carry the risk of catching fire or generating toxic waste, nickel-hydrogen batteries pose minimal environmental and safety hazards. They are non-toxic, non-flammable, and fully recyclable, making them a responsible choice for a world increasingly concerned about environmental impact. Fossil fuel peak

EnerVenue’s Vision for a Battery Revolution

EnerVenue’s mission to bring the benefits of nickel-hydrogen batteries to Earth is a bold and visionary endeavor. By establishing a Gigafactory in the United States, the company is poised to accelerate the production and adoption of this transformative technology. This move signals a paradigm shift in how we approach energy storage, with space technology at the forefront of innovation.

The Gigafactory will not only boost production capacity but also create jobs, stimulate economic growth, and reduce our reliance on traditional energy sources.

As the demand for sustainable energy solutions continues to rise, EnerVenue’s nickel-hydrogen batteries offer a compelling alternative that aligns with our commitment to a greener future.Fossil fuel peak

In conclusion, the nickel-hydrogen battery, born out of the rigors of space exploration, represents a remarkable leap forward in energy storage technology.

With its unrivaled resilience, longevity, safety, and sustainability, it has the potential to transform the way we power our world. EnerVenue’s ambitious plans to manufacture these batteries at scale in the United States mark a pivotal moment in our quest for cleaner, more reliable energy storage solutions.

As we look to the future, it is clear that space technology will continue to play a pivotal role in improving our daily lives and advancing our society towards a more sustainable and innovative future. Fossil fuel peak

The Nickel-Hydrogen Battery: A 30-Year Revolution in Energy Storage

Recycling technologies – Tesla is making waves in the automotive industry with its recent price reductions on a global scale 16-09-2023

Fossil fuel peak

Chemical PET recycling – Petrochemicals MEG rPET – Has Stellantis already lost the challenge with China in car batteries? 11-09-2023

Chemical PET recycling

Petrochemicals MEG rPET – Has Stellantis already lost the challenge with China in car batteries?

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Chemical PET recycling

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Chemical PET recycling plant under construction

To strengthen its efforts in the area of sustainability, Köksan PET ve Plastik Ambalaj San. ve Tic. A.Ş., headquartered in Gaziantep, Turkiye, aims to construct the world’s biggest rPET plant based on chemical recycling of post consumed PET waste. It is intended to commence the production of 100% food grade rPET by the end of 2024.

The capacity of this plant is expected to be 110.000,00 metric t/a. According to the company, the process of recycling PET flakes through depolymerisation to BHET and subsequent 3-micron microfiltration results in a resin that is comparable to virgin monomer, making it suitable for food-grade applications. Chemical PET recycling

Köksan’s patent process to make high viscosity and lower than 1ppm AA level in resin without any SSP process is claimed to be suitable for bottle grade application, states the company: “This will be the first plant of this kind for 100% rPET resin for all food grade applications”. The plant is also designed to produce various qualities textile grade resin with 100% rPET or virgin resin production.

The primary benefit of depolymerisation through the glycolysis process is its low operating temperature, typically around 200 °C. This avoids the side reactions and generations of BPA and phthalates which is generally due to high temperature thermal process like mechanical recycling. Chemical PET recycling

The chemical depolymerisation to BHET level ensures the process is similar to virgin polycondensation reaction and product rPET is similar to virgin PET resin.

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Chemical PET recycling

LC Packaging acquires a minority share of Bluepack

Danish company Bluepack is a manufacturer of packaging for agriculture and flexible intermediate bulk containers (FIBCs), also known as big bags.

Netherlands-based LC Packaging announced an agreement to acquire a minority share of Bluepack, a Danish company specialising in flexible intermediate bulk containers (FIBCs), also known as big bags.

Big bags allow for packing, handling, and transporting large quantities of goods. Bluepack manufactures the bags for the agricultural and pharmaceutical industries, among others, in Denmark and Sweden. FIBCs are often a flexible and cost-efficient solution for materials and products, such as mortar, sand, gravel, granite chippings, feed, grass seeds, and potatoes. Bluepack did not disclose the exact constitution of its big bags, but the products are often made of polypropylene (PP). Chemical PET recycling

According to the agreement, the Dutch manufacturer and distributor of flexible packaging holds the first option to acquire the remainder of the Bluepack shares at a later date. LC Packaging already has its own FIBCs production facilities, but the acquisition is expected to lead to shorter lead times for its big bag costumers in and around Scandinavia.

“This partnership makes great sense for LC Packaging, since it allows us to expand our activities in Scandinavia with regard to FIBCs and agri packaging,” said Lucas Lammers, CEO of LC Packaging. Chemical PET recycling

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Chemical PET recycling

Chinese textile industry’s profit falls by 20.3% YoY in Jan-Jul 2023

INSIGHTS

  • The total profits of industrial enterprises in China above the designated size reached 3,943.98 billion yuan between January and July this year—down by 15.5 per cent year on year (YoY).
  • The profit of the manufacturing industry was 2,769.42 billion yuan during the period—down by 18.4 per cent YoY.
  • The textile industry’s profit fell by 20.3 per cent YoY in the period.

The total profits of industrial enterprises in China above the designated size reached 3,943.98 billion yuan between January and July this year—down by 15.5 per cent year on year (YoY) and a fall of 1.3 percentage points narrower than that between January and June, according to official statistics. Chemical PET recycling

The profit of the manufacturing industry was 2,769.42 billion yuan during the seven-month period—down by 18.4 per cent YoY.

State-holding enterprises saw a profit of 1,380.59 billion yuan, a YoY decrease of 20.3 per cent.

The profit of share-holding enterprises was 2,883.56 billion yuan during the seven-month period—down by 16.6 per cent YoY. Enterprises funded by foreign investors and investors from Hong Kong, Macao and Taiwan saw a total profit of 935.57 billion yuan—down by 12.4 per cent YoY; private enterprises saw a profit of 1,022.66 billion yuan—down by 10.7 per cent YoY.

The Chinese textile industry’s profit decreased by 20.3 per cent YoY in the January-July period. Chemical PET recycling

From January to July, the revenue of industrial enterprises above the designated size was 73.22 trillion yuan—a decrease of 0.5 per cent YoY, an official press release said.

At the end of July, the assets of industrial enterprises above the designated size totaled 161.40 trillion yuan, a YoY increase of 6.5 per cent.

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Chinese textile industry's profit falls by 20.3% YoY in Jan-Jul 2023

Drop in Polyethylene Sales in China Raises Concerns for Exporters

According to recent estimates, major exporters have lost around a billion dollars in polyethylene (PE) sales in China from January to July 2023, compared to the same period last year. This analysis is based on the records of imports from the big exporters provided by the China Customs department. The losses vary by grade of PE, with high density PE (HDPE) experiencing the greatest decline. Chemical PET recycling

Among the major losers in polyethylene sales to China were Iran, Saudi Arabia, the United Arab Emirates, and South Korea, while the United States was one of the few winners. This trend was unchanged from the previous period. The Middle East, which saw a significant number of turnarounds in the first half of the year, may potentially regain ground later in 2023 as production recovers. However, some turnarounds were reported to have been brought forward due to poor market conditions.

The profitability of polyethylene sales is also at record lows, with no signs of improvement in the current market conditions. The average China CFR PE price spread over CFR Japan naphtha costs is at its lowest level since 1993.

Rising prices do not necessarily indicate a stronger market if petrochemical producers are unable to pass on feedstock costs. Chemical PET recycling

In terms of demand, HDPE is projected to decline by 2% in 2023, while LDPE is expected to remain flat and LLDPE to increase by 4%. If these estimates hold true, China’s total PE demand in 2023 would be lower than the ICIS Base Case Forecast.

It is evident that the decline in polyethylene sales in China has raised concerns for exporters. Many producers who based their strategies on assumptions such as the rise of China’s middle class may face challenges, while those who considered demographic and debt factors may fare better. Global PE capacity may need to be adjusted to bring the market back into balance. Chemical PET recycling

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Drop in Polyethylene Sales in China Raises Concerns for Exporters

Italian PET recycler launches new food-grade rPET brand

With two Starlinger Recostar PET bottle-to-bottle recycling lines, Piedmont-based Dentis Recycling Italy expanded its product portfolio and now offers food-grade rPET pellets in addition to hot-washed PET bottle flakes.

The Starlinger Recostar PET 330 HC iV+ bottle-to-bottle recycling lines produce bottle-grade rPET and have a production capacity of up to 3.3 tons per hour each. Copyright: Dentis Chemical PET recycling

In 2021, Italy’s biggest recycler of post-consumer PET bottles initiated a new project to extend its rPET production capacity and purchased two Starlinger Recostar PET 330 HC iV+ recycling systems. The new lines were commissioned in summer 2022 and are recycling used PET bottles into high-quality rPET pellets that Dentis sells under the new brand name Repeter. With a combined production capacity of 6.6 tons per hour, the total yearly output of the lines amounts to 50,000 tons of finest bottle-grade rPET pellets.
Dentis reaches an important project milestone this year: The company will recycle a total of 80,000 tons of post-consumer PET bottles collected through the Italian collection systems operated by Corepla and Coripet. After completion of the capacity extension in 2024, the potential recycling capacity of the Piedmont site will amount to approximately 130,000 tons of post-consumer PET bottles per year.

“We want to support the transition from a linear economy to a circular economy” said Roberto Dentis, co-owner of Dentis Recycling Italy. “With technology from Starlinger we can be sure that the recycled PET we produce meets the elevated standards of our customers in the food and beverage packaging sector. By producing high-quality food-grade recycled PET pellets we are able to maintain a closed loop for PET bottles and contribute effectively to achieving the European recycling targets, making post-consumer plastic packaging no longer a waste to be disposed of but turning it into an important resource for top-quality packaging.” Chemical PET recycling

The food-grade rPET pellets produced on the Starlinger lines and marketed under the brand name Repeter are available in several colours. Besides approvals for use in food packaging from numerous big brand owners, the Starlinger PET recycling process has received positive opinions from the European Food Safety Authority EFSA as well as LNOs from the US Food and Drug Administration FDA. Dentis supplies the food-grade rPET pellets to important brand owners in the food and beverage industry, as well as to local plastic packaging producers.

Source: Starlinger

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Italian PET recycler launches new food-grade rPET brand

RCA Engineering develops modular composite recycling systems

Modular plant configurations gives companies the option of mechanical or thermal processing of carbon and glass fibers to ensure zero waste and emissions, no noise and reduced construction costs.

With the exponential growth in the consumption of composite materials, their end-of-life recyclabilty has become an important topic to address. In this area, RCA Engineering (Barcelona, Spain) has sought to develop a modular composite recycling method for carbon and glass fibers from any sector using mechanical and thermal recycling processes. Chemical processing have been ruled out to eliminate the creation of toxic substances, such as cadmium and mercury, among others, which can further affect the environment.  Chemical PET recycling

RCA has designed modular plants differentiated by their mechanical capacity (i.e., production capacity in tons/hour). All models are composed of two maritime containers and a baseplate frame which provides a horizontal platform. Container dimensions change depending on the models. The containers are assembled over a modular steel structure so that the bottom container, which stores the shredded material, can be easily replaced once full. RCA Engineering says it has begun implementing thermal cameras on all of its recycling systems.

Modular systems that are capable of mechanical or thermal recycling are offered to customers; three models are available for mechanical recycling and two models for thermal recycling. The mechanical system includes a shredder system inside the part of the process line, as well as a filter and particle separator depending on the type of laminates and pieces to be decommissioned (e.g., whether they are monolithic or sandwich laminates). Chemical PET recycling

A small conveyor is also included on the line.

Thermal systems include a pyrolysis oven inside the process line. Regenerative burners are used for better energy efficiency. Burners cycle continuously and heat-up ramps are programmed on the PLC. Oxygen (O2) analyzers are installed to control emissions, and same with the burners to control NOx emissions. Thermocouples control the system.

Configuration of the process line on the upper container can be adjusted as per the client. Each system is fed with an electrical battery system with a capacity that can go from 281 to 1,405 kilowatt-hours. There are no emissions to the atmosphere and no noise contamination. Each modular system is said to be zero waste, easy to transport and simplified for decommissioning uses; cost is reduced by about 30% compared to the construction of a traditional plant. In addition, these recycling systems are ideal for remote locations. Chemical PET recycling

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RCA Engineering develops modular composite recycling systems

Chemical PET recycling

Carbon Capture recycling – Sinochem International Expands Presence In Aramid Fiber Industry Chain 09-09-2023