Chemicals Circular Economy Aromatics 05-03-2020

Chemicals Circular Economy Aromatics

-Latest on the novel coronavirus outbreak(Mar 5,2020)

– Chinese mainland reports 139 new infections of novel coronavirus (134 in Hubei), 31 new deaths (all in Hubei) (Read more)

– China honors 34 individuals posthumously for their contributions in fighting against the virus

Chemicals Circular Economy Aromatics

Crude Oil Prices Trend

Crude Oil Prices Trend

-Northeast Asian import prices drop to 18-week low

Import prices of ethylene in Northeast Asia fell to an 18-week low, as the outbreak of coronavirus in China continues to curb production in the country, ICIS reports.

The fall in oil and naphtha prices strengthened the downward mood. Although local authorities in China have largely lifted restrictions on traffic, domestic sales of ethylene derivatives remain weak.North  Chemicals Circular Economy Aromatics

Chemicals Circular Economy Aromatics

-February MEG contract price in Europe agreed at EUR17 per tonne below January

The contract price of monoethylene glycol (MEG) for February in Europe was finally agreed at EUR608 per tonne, which is EUR17 per tonne lower than the level of the previous month.

The contract price of the MEG for February shipments was agreed on the terms of delivery of FD NWE (with delivery to North-Western Europe).

A minimum configuration of 2 + 2 producer-consumer is required in order to consider the agreements fully confirmed. The March agreement appeared along with the full agreement for February, but has not yet been confirmed.Chemicals Circular Economy Aromatics

Chemicals Circular Economy Aromatics

-Chems face demand shock similar to 2008 as coronavirus goes global

As coronavirus goes global, chemical markets can expect a demand shock similar to the 2008 financial crisis, with the prospects of a recession in the first half of 2020 becoming increasingly likely.

In Europe, however, some chemicals markets have so far benefited from China’s disruption: there is good demand for polyolefins and polymethyl methacrylate (PMMA), for example, as downstream customers stock up for March ahead of potential disruption in April.

In this podcast, Will Beacham interviews Katherine Sale, ICIS Senior Editor for PMMA, and John Richardson, ICIS Senior Consultant, Asia.Chemicals Circular Economy Aromatics

Chemicals Circular Economy Aromatics

-Continental and Kordsa introduce 1st series tyres with Cokoon dip technology onto the road.

  • First 250,000 tyres featuring Cokoon dip technology currently in production with more to be produced in 2020 and beyond
  • More than 40 industry players already showing interest in open-source technology
  • Licensing pool welcomes interested parties to join  Chemicals Circular Economy Aromatics

Chemicals Circular Economy Aromatics

-Graphene helps in creating efficient tandem perovskite solar cell

Italian researchers from two Italian institutions have used graphene to develop a perovskite-silicon solar cell – a promising new solar technology – with an impressive conversion efficiency of 26.3%.

The researchers added graphene to the titanium dioxide electron selective layer used in a perovskite solar cell in order to increase chemical stability. The two-terminal cell was made by stacking two sub-cells which were fabricated and optimized separately. The new device blends the advantages of thin-film perovskite and silicon-based heterojunction cells, according to its developers.Chemicals Circular Economy Aromatics

Chemicals Circular Economy Aromatics

-Polyplastics Highlights DURANEX (R) PBT Grade for High-voltage Automotive Applications

The Polyplastics Group is offering an improved polybutylene terephthalate (PBT) grade which provides improved tracking resistance for a range of high-voltage automotive components. DURANEX (R) PBT CG7030 is a 30% glass-filled grade which also delivers strong dimensional stability and highly stable electrical resistance, and dielectric breakdown properties.

The automotive industry is undergoing drastic change with electrification gaining traction due to worldwide efforts to reduce the use of fossil fuels and cut emissions. As carmakers move increasingly to electric vehicles, demand for high-voltage components is expected to increase. Polyplastics conducted extensive testing of both PA 66 and PBT in temperature environments ranging from -40 C to 140 C for electric car applications such as batteries, power control units (PCUs), and motors/generators.Chemicals Circular Economy Aromatics

Polyplastics Highlights DURANEX (R) PBT Grade for High-voltage Automotive Applications

-Avantium sells bioaromatics patent portfolio to TNO

These technologies lie outside Avantium’s strategic focus and will now be further developed by TNO

Avantium has sold its bioaromatics patent portfolio to The Netherlands Organization for Applied Scientific Research, TNO.

The sale includes both patents and know-how for technologies that produce bio-derived products for polymers and coatings. These technologies lie outside Avantium’s strategic focus and will now be further developed by TNO.Chemicals Circular Economy Aromatics

Avantium sells bioaromatics patent portfolio to TNO

-FDA Approves Full Recycled HDPE and PET Food Packaging

Erema Group got the go-ahead to use its technology to recycle HDPE into food and drink packaging and foodservice wares. Meanwhile, other companies got federal green lights for PET recycling.

Over the past seven months, the U.S. Food and Drug Administration (FDA) issued three letters of no objection (LNOs) to companies involved in plastics recycling. The letters allow reclaimers to use their recycling technologies to produce recycled resin for use in food and drink packaging.

In issuing the letters, the FDA was convinced the recycling processes would result in contaminant concentrations of 0.5 parts per billion or less in the food, below its “threshold of regulatory concern.” Chemicals Circular Economy Aromatics

FDA Approves Full Recycled HDPE and PET Food Packaging

-Looking ahead to ArabPlast 2021

The fourteenth edition of the ArabPlast trade fair in 2019 invited well-known names from across the world, including Milacron and GN Thermoforming from North America, and Reifenhäuser and NGR from Europe. These were joined by Middle East-based giants Tasnee, Astra Polymers and Borogue, amongst many others

Include the substantial number of players from further east – from Japan to Tajikistan –from Africa – from Algeria to Zimbabwe – and from South America, the 2019 edition begins to emerge as a truly global event, where international plastics industry exhibitors focused their efforts on Dubai, UAE. Chemicals Circular Economy Aromatics

Looking ahead to ArabPlast 2021

-be.responsible – Sustainable Textiles from bergertextiles at Fespa 2020

Press release from the issuing company

Krefeld – Climate change and environmental protection have already been considered by bergertextiles in 2014 with the introduction of the first sustainable and award-winning textile for large format digital printing.Chemicals Circular Economy Aromatics

True to the motto: “be.responsible”, bergertextiles is now presenting its expanded product range with sustainable textiles for brilliant printing applications at Fespa 2020 in Madrid.

be.responsible - Sustainable Textiles from bergertextiles at Fespa 2020

-Graham Packaging’s Deep Dive into Sustainable Packaging

Founded in 1970, Graham Packaging creates customized, sustainable packaging solutions for a wide range of industries including food and beverage, personal care, auto/chemical, household and healthcare.Chemicals Circular Economy Aromatics

Its production repertoire encompasses extrusion blow molding, injection blow molding and barrier technologies using PET and polyolefin polymers.

Graham Packaging’s Deep Dive into Sustainable Packaging

Chemicals Circular Economy Aromatics

Chemicals Circular Economy Graphene 04-03-2020

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