Intelligent-packaging – Polypropylene-prices 06-05-2022

Intelligent-packaging – Polypropylene-prices

Crude Oil Prices Trend 

Crude Oil Prices Trend  Polyestertime

-Voith Composites, V-Carbon to develop closed-loop solution for CFRP used in hydrogen tanks

The Voith Composites and V-Carbon partnership will accelerate growth in sustainability by enabling the reuse and a second life for carbon fiber in the pressure vessels market.

On May 4, Voith Composites (Garching bei München, Germany) announced its intent to partner with V-Carbon (Bad Zurzach, Switzerland). The partnership will reportedly establish and deliver industry-leading innovation to achieve a sustainable and closed-loop solution for CFRP materials for hydrogen (H2) systems.

V-Carbon is an advanced materials technology company, said to be developing the first fully integrated carbon fiber circular economy for use in the aerospace, automotive, wind energy and industrial sectors.

Voith Composites is a tank manufacturer for hydrogen storage and has recently brought to market the Carbon4Tank — a solution for hydrogen storage with the Voith Plug & Drive H2 Storage System — providing Type 4 high-pressure hydrogen CFRP tanks based on 700-bar technology for heavy-duty commercial vehicles.

The partnership with V-Carbon will enable Voith Composites to obtain quality recycled carbon fiber and highly aligned structural materials for a second life in H2 tank applications, as well as provide V-Carbon with high-performance CFRP waste from H2 tank production and end-of-life (EOL) tanks. Intelligent-packaging – Polypropylene-prices

“We are delighted to sign a Letter of Intent to partner with V-Carbon,” Anna Pointner, CEO at Voith Composites, says. Damian Cessario of V-Carbon agrees.

Intelligent-packaging - Polypropylene-prices

-Polypropylene (PP) prices drop in Asia

This week, PP prices journeyed southwards across the Asian region. Prices fell mainly on account of weaker regional demand trends and lower import offers from overseas suppliers. The decline in prices was also driven by reports of weaker propylene feedstock values. Intelligent-packaging – Polypropylene-prices

In Far East Asia, PP raffia and PP injection prices were assessed at the USD 1150-1200/mt CFR levels, down USD (-10/-20/mt) from the previous week. PP film prices were assessed at the USD 1160-1210/mt CFR levels while BOPP prices were assessed at the USD 1160-1210/mt CFR levels, both lower by USD (-10/-20/mt) from last week. PP block copolymer prices were assessed at the USD 1170-1220/mt CFR levels, a drop of USD (-10/-20/mt) from the previous week.

In China, Middle Eastern producers have offered PP Homopolymer grades in the range of USD 1150-1200/mt CFR levels for shipment in end May/early June 2022.

In Southeast Asia, PP raffia and PP injection grade prices were assessed at the USD 1280-1350/mt CFR levels, a drop of USD (-20/mt) from the previous week. PP film prices were assessed at the USD 1300-1360/mt CFR levels while BOPP prices were assessed at the USD 1300-1360/mt CFR levels, both week on week lower by USD (-20/mt). PP block copolymer prices were assessed at the USD 1310-1380/mt CFR levels, down USD (-20/mt) from the previous week.

A Polymerupdate source in Asia while not wishing to be named informed, “Chinese traders are heard to be re-exporting cargoes to neighbouring countries in South Asia and Southeast Asia. However, buyers have adopted a cautious outlook on account of poor demand trends in the region and do not seem to be in a hurry to undertake trading activity even at the competitive prices offered by Chinese traders as compared to rates offered by Middle Eastern suppliers.”

In Vietnam, Middle Eastern producers have offered PP Homopolymer grades in the range of USD 1280-1350/mt CFR levels for shipment in end May/early June 2022.

In India, PP raffia and PP injection prices were assessed at the USD 1440-1490/mt CFR levels, a drop of USD (-10/-20/mt) from the previous week.

BOPP prices were assessed at the USD 1460-1510/mt CFR levels while PP film prices were assessed at the USD 1460-1510/mt CFR levels, both lower by USD (-10/-20/mt) from the previous week. Intelligent-packaging – Polypropylene-prices

PP block copolymer prices were assessed at the USD 1490-1580/mt CFR levels, a week on week decrease of USD (-1/-20/mt).

Polypropylene (PP) prices drop in Asia

Voith-Composites, V-Carbon to develop closed-loop-solution for CFRP used in hydrogen-tanks

Polypropylene-(PP)-prices drop in Asia

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Intelligent-packaging – Polypropylene-prices

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