Chemicals plastic recycling biodegradable 09-11-2018
-China – Polyethylene Terephthalate PET and its chain are weak.
PET Bottle grade export 1,090/1,130 $/ton – PET Bottle grade domestic market 8,500/8,600 yuan/ton – PET Filament grade SD domestic market 8,250/8,400 yuan/ton – PET Filament grade BR domestic market 8,300/8,400 yuan/ton
PTA Taiwan 860/880 $/ton – PTA domestic market 6,600/6,750 yuan/ton – MEG $ 715/730 $/ton – MEG domestic market 6,100/6,200 yuan/ton – PX Korea 1,130/1,140 $/ton
POY 150D/48F domestic market 9,000/9,100 yuan/ton – DTY 150D/48F domestic market 10,950/11,050 yuan/ton – PSF domestic market 9,300/9,400 yuan/ton
China has increased the amount of tax refund for the export of polyethylene terephthalate from the country to 16%, according to ICIS .
This legislative decision came into force on November 1 of the current year.
PET granules according to the HS code 39076110, 39076190, 39076910 and 39076990 have long been on the list of tax changes. Previously, manufacturers returned 13% of tax payments.
-Crude Oil Prices Trend
From the perspective of NGR, the post-consumer recycling market is full of potential as the circular economy is our planet’s future. NGR Postconsumer PET recycling
“The PET recycling market is also growing very, very fast,” Josef Hochreiter, CEO of Next Generation Recyclingmaschinen GmbH, told CPRJ at Fakuma 2018.
According to Josef Hochreiter, there are three key factors for a successful circular economy and post-consumer recycling market
Latest system from TOMRA Collection to enable recycling to go paperless
TOMRA Collection Solutions has become the first reverse vending provider to offer digital vouchers as a payout option for container deposit schemes, where consumers receive refunds when they return their empty bottles and cans for recycling at a reverse vending machine.
Part of the new myTOMRA app, the digital voucher means recyclers scan a barcode on their smartphone to access their refunds, instead of scanning a printed paper voucher from the reverse vending machine.
Photo by Constantia FlexibleThe mono PE laminate EcoLam is lightweight, and its OPE/PE structure is fully recycle-ready
Leading Austrian packaging firm Constantia Flexible has unveiled a new line of solutions named “Ecolutions” specifically designed to meet the requirements of sustainability.
The Vienna-based company, the world’s fourth-largest flexible packaging specialist, said the new line was developed in response to the challenge of increasing post-consumer waste and consumer demand for more environmentally-friendly options.
Ecolutions consists of the three packaging lines EcoLam, EcoCover and EcoTrainerAlu, which together reduce the carbon footprint of packaging, focus on recyclable solutions and decrease the impact on the environment.
Left to right: Lee Sung-gyun, global team senior manager, Huvis Corporation; Mark Holden, vice president for operations, Auriga Polymers; and Marc Buchert, project manager, Auriga.
In the Upstate, recent jitters over trade relations with South Korea are giving way to collaboration.
A 50-50 joint venture between Seoul-based Huvis Corp. and Indorama Ventures Public Co. Ltd., now getting underway at Indorama’s Auriga Polymers subsidiary in Spartanburg County, may end up serving as an example of how global disputes can be overcome in ways that unleash mutual opportunities.
US export pricing for spot volumes of linear low density polyethylene sits at a near 10-year low as it enters the typical destocking season this year and appears poised to hold — or even soften further — amid weak domestic demand and bearish global markets.
Register Now On a global scale, PE is the most commonly used resin in plastic manufacturing.
PE pricing has been under pressure in the US for much of the second half of the year, with butene-grade LLDPE declining the most since July 2, by 18.1% to close at $948/mt FAS Houston on Tuesday.
That is the lowest since May 20, 2009, when it was assessed at $937/mt FAS Houston, according to S&P Global Platts data.
KYMIRA, the original producer of smart textile woven with infrared technology, has been named by the Kairos Society, an organisation that aims to find world-changers, as one of the world’s most innovative seed stage companies founded by young entrepreneurs worldwide.
Founded in 2008, the Kairos Society began as a small group of ambitious friends who wanted to take on “today’s big challenges.” The group now counts more than a thousand members around the world and has raised over $3bn for enterprises. The highly selective program aims to identify the best global entrepreneurs who are going to shape the world.
First application of software-based Process Reliability Advisor service in China
Honeywell (NYSE: HON) today announced that Wanhua Chemical Group Co., Ltd. will use the Honeywell Connected Plant Process Reliability Advisor to provide prescriptive monitoring of its UOP C3 Oleflex™ unit at its plant in Shandong Province in Eastern China.
This is the first application of the Process Reliability Advisor service in China. Wanhua operates the world’s largest Oleflex unit, which converts propane into 750,000 tons per year of propylene, the primary component in many plastic resins, films and fibers.
Process Reliability Advisor continuously feeds plant data through Honeywell UOP process and fault models with sophisticated software to provide key performance information and process recommendations.
It helps plants run more smoothly and detects problems before they can affect production and plant profitability.
Plastic bottle producers and retailers will pay for the deposit return scheme. Not all the retailers will buy empty PET bottles, though.
All shops in Slovakia will have to deposit plastic bottles and cans, but not all of them will buy them back.
This is one potential deposit return scheme, presented by the Environmental Policy Institute (IEP), which runs under the Environment Ministry.
The compulsory purchase of bottles will apply only to retailers whose shops are no bigger than 400 square metres, the SITA newswire reported.
Environmental sustainability is at the heart of major global concerns, particularly at this critical point when many countries are grappling with the vagaries of climate change.
During this year’s World Environment Day, world leaders and policymakers converged in New Delhi, India to refocus the efforts against the fight to safeguard the environment.
Kenya for one has not been an exception to the global discourses around sustainable environmental conservation.
In 2017, the national government, through the Ministry of Environment imposed a ban on the production, importation, distribution and usage of single-use carrier bags, used mostly in retail outlets.
Despite the ban on single-use plastics bags, our country continues to face a huge challenge in waste management.
Strong demand for biaxially oriented polyethylene terephthalate (BOPET) in 2018 has resulted in tightening supplies in North America and globally, according to Rob Gilfillan, PCI Wood Mackenzie research analyst.
Gilfillan spoke to attendees of the SPE Flexible Packaging Division conference on Oct. 29 in Phoenix.
The BOPET market represents a $12 billion industry annually. Demand is at just over 5 million tons this year, which is “relatively small” compared to PE and BOPP.
Currently demand is rising higher than production, Gilfillan commented.
“Mexico is the only country to be a net exporter of BOPET film in the North American region,” he added. “Canada has no domestic BOPET production.”
The plant manager with LCY Biosciences, the company that has taken over the idle former BioAmber manufacturing site in Sarnia, says it will be several months before production begins again.
The bio-succinic acid plant, which opened in 2015, was sold last month during a court-supervised liquidation process to LCY Biotechnology, a new company formed by Visolis and LCY Group.
“It’s going to be a little bit slow for a while,” said plant manager Trevor Macleod.
“Basically, we’re going to keep the plan idle for a little while – up to six months – while they work on bringing some new products into the facility to make it financially viable.”
If anyone needed any further proof that Africa is shaping up as the next major hot spot in oil and gas, this year’s edition of Africa Oil Week will provide it.
The event launched amid higher oil prices and booming exploration activity across the continent with supermajors and independents both upbeat about their prospects there.
If we ignore the waywardness of oil prices, which served as the basis for Africa’s oil and gas recovery, and which can once again plunge local oil producers into recession should they drop, prospects are bright.
LyondellBasell the world’s largest licensor of polyolefin technologies, today announced that China Petrochemical International Co., Ltd (Sinopec International) and Sinopec-SK(Wuhan) Petrochemical Company Ltd., (Wuhan) have selected the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology.
The low-pressure slurry process technology will be used for a 300KTA high density polyethylene (HDPE) unit to be built in Wuhan, Hubei Province, P.R. China.
Packaging and filling systems manufacturer Krones has acquired MHT Holding, a provider of injection moulding tools and services to the PET industry based in Hochheim, Germany.
The deal for MHT, which generates sales of €25 million ($28.5m) and employs 125 staff, closes a gap in the Krones PET value chain by extending the company into PET preform tooling.
The company already manufactures the stretch blow moulding machinery and PET recycling systems.
Liquid dairy and juice maker Almarai has installed two complete PET lines from packaging equipment manufacturer Sidel Group at its Al Kharj central processing plant (CPP) in Saudi Arabia.
Almarai chose Sidel Combi to increase its orange juice production capacity in the single-serve format. The 200ml juices are bottled in PET and handled under cold chain distribution.
Each PET line is capable of handling 54,000 bottles per hour (bph). The PET lines also feature the packaging firm’s efficiency improvement tool (EIT) data acquisition and plant intelligence system.
Dasani, the purified bottled drinking water brand of The Coca-Cola Company will be launching a nationwide plastic recycling innovation competition.
Dasani, the purified bottled drinking water brand of The Coca-Cola Company will be launching a nationwide plastic recycling innovation competition
“The Dasani Discovery Challenge” at the second annual technology conference 021Disrupt being organized by the The Nest I/O, the technology incubator and community hub of the Pakistan Software Houses Association (P@SHA) on November 10 and 11 in Karachi.
The open competition will seek innovative, efficient, doable and cost-effective ideas to reduce and recycle plastic waste of all types, in line with the Company’s global commitment to work for a World Without Waste.
The Dasani Discovery Challenge will invite participants to submit brilliant new ideas which are practically doable and highly effective to counter growing plastic pollution.
Ideas submitted can focus on any area within the broader domain of plastic waste management, i.e. reduction in plastic use, collection of plastic waste, its sorting and recycling.
For the third time, Covestro received a Sustainability Award from Henkel Adhesive Technologies
For the third time, Covestro received a Sustainability Award from Henkel Adhesive Technologies.
With this prize, the adhesive manufacturer acknowledges its supplier’s ongoing commitment to a sustainable product and process pipeline.
Particular focus was placed on the cooperation in the development of biobased polyurethane raw materials and concepts to increase product safety, as well as the very good rating of Covestro’s sustainability by the international rating agency EcoVadis.