Monoethylene-glycol-MEG – Biplastics 18-08-2022
Monoethylene-glycol-MEG – Biplastics
Crude Oil Prices Trend
MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be USD820/MT CFR Asian main ports for arrival August 2022, said the company.
The August 2022 ACP reflects the short term supply/demand situation in the Asian market.
We remind, MEGlobal announced that its Asian Contract Price (ACP) for monoethylene glycol (MEG) will be US$910/MT CFR Asian main ports for arrival July 2022. The July 2022 ACP reflects the short term supply/demand situation in the Asian market.
LG Chem will construct bioplastics plants in the United States, as the chemical company agreed to launch a joint venture to produce the eco-friendly materials with Chicago-based Archer Daniels Midland (ADM), according to the Korean company, Tuesday.
LG Chem said it signed the joint venture contract with the U.S. company to build two separate facilities to produce lactic acid (LA) and polylactic acid (PLA).
Under their agreement, they will set up a facility capable of producing up to 150,000 tons of high-purity corn-based lactic acid a year. The second facility will produce about 75,000 tons of PLA annually. The location of the facilities will be at Decatur, Illinois.
“If the joint venture makes 500-milliliter eco-friendly water bottles with 75,000 tons of PLA, we can make around 2.5 billion bottles annually,” the company said, adding that the construction will begin in 2023, when the final review by the two companies’ boards are completed.
PLA stands for polylactic acid, and is a material for biodegradable bioplastics made from lactic acid (LA) obtained by fermenting corn. Known to be harmless to our body, it is mainly used in food containers, straws, water bottles, tableware and tea bags, LG Chem said. Monoethylene-glycol-MEG – Biplastics
“PLA is gaining attention as a sus tainable eco-friendly material because it can be naturally decomposed and greenhouse gas emissions in the production process are only less than a quarter compared to that of making plastics,” LG Chem said.
Industry watchers forecast global demand for bioplastics to grow 22.7 percent annually from $10.7 billion in 2021 to $29.7 billion in 2026.
“We’re pleased to expand our collaboration with LG Chem, and we’re excited at the opportunity to bring this new intended production and all of its economic benefits to Decatur, our North American headquarters,” Juan R. Luciano, CEO of ADM, said in a statement.
SK Chemicals, a unit of South Korea’s SK Group, has developed eco-friendly synthetic leather in collaboration with Kima, a domestic green leather provider, using “Ecotrion,” a new material named PO3G (Polyoxytrimethylene Glycol) that reduces greenhouse gas emissions and offers long durability.
Ecotrion is a polymer derived from biological raw materials using fermented corn. In May 2022, SK Chemicals established a PO3G production line to meet growing demands for artificial leather. Sneakers and fashion products using PO3G have the advantage of smoother, elastic resilience and resistance over existing products, making them more wearable. Monoethylene-glycol-MEG – Biplastics
Kima will produce green artificial leather with Ecotrion for the creation of various eco-friendly products including handbags. “In line with the era of carbon neutrality, ethical consumption is becoming an important topic in the world. We will respond to the growing eco-friendly fashion market with chemical recycled materials and bio-materials,” SK Chemicals’ new business development head Jung Jae-joon said in a statement on August 16.
Plastic products are broken down into microscopic sizes but they still remain in the environment.
At this year’s K 2022 trade fair in Dusseldorf on October 19-26, Milliken & Company, a global manufacturer, will showcase new measures to advance the circular economy through chemistry—part of the company’s 2025 Sustainability Goals.
Additionally, Milliken is partnering with more than 30 partners in purposeful collaborations that will be on display throughout the K Show , including its ongoing partnership with PureCycle Technologies, whose patented technology turns recycled polypropylene into virgin-like material. Monoethylene-glycol-MEG – Biplastics
“At Milliken, we work closely with our trusted partners to develop additives that build a better world,” said Cindy Boiter, president of Milliken’s Chemical Business.
“Together, we solve the challenges our customers face. We are partnering and working with many throughout the value chain to make plastics more reusable, more recyclable and more efficient,” added Wim Van De Velde, global VP of Plastic Additives.
Here’s a glimpse at what will be on display:
Millad NX 8000 ECO, clarifying agent for polypropylene (PP), boosts clarity, enables faster production rates and reduces energy use. This product is certified by Underwriters Laboratories (UL) to provide average energy savings of 10% for the production of injection moulded clarified PP parts.
DeltaMax, performance modifiers for recycled PP. This product has an ability to balance melt flow, impact strength, and stiffness to increase overall performance for recycled materials.
DeltaMax performance modifiers for virgin polypropylene impact copolymers (ICPs) enables resin producers to balance the properties of ICP resins more effectively, while affording them the opportunity to optimise processing efficiencies. DeltaMax also helps converters reduce energy by running machines with faster cycle times or lower temperatures.
DeltaFlow Viscosity Modifiers, solid concentrates designed to specifically help PP recyclers by increasing the melt flow rate of recycled polypropylene (rPP) for extrusion and injection moulding processes.
Hyperform HPN performance additives for PP which deliver an improved balance in properties between stiffness and impact resistance while reducing energy use. Certified by UL to enable 5% to 8% energy savings when this product is used as nucleator for production of thin-wall injection moulded PP container lids and similar PP applications.
UltraGuard Solutions which enable downgauging to reduce material usage and part weight while also improving barrier properties in polyethylene (PE), allowing designers to create more mono-materials products, improving recyclability.
Reduce, Reuse, Recycle, Replace
Many of Milliken’s products are designed specifically to yield sustainability benefits. These qualities include: reduced energy consumption and lightweighting, better reuse potential, increased net use of recycled content, improved recycling and recyclability, and the replacement of less-sustainable resins. Monoethylene-glycol-MEG – Biplastics
Constantia Flexibles has acquired FFP Packaging Solutions in a bid to expand its market position and build stronger relationships in the UK food sector, said Packagingnews.
The deal for an undisclosed sum, is the first consumer plant for Constantia in the UK. FFP operates in flexible packaging and offers flow wraps, lidding films and pre-made pouches. The Northampton-based firm has a workforce of over 100.
Pim Vervaat, chief executive of Constantia Flexibles, said: “The acquisition aligns well with our Vision 2025 growth strategy of investing in competitive businesses with potential for future growth. FFP Packaging Solutions joining the Constantia Flexibles Group will expand our overall market position. Its significant experience and credibility allow for strong relationships across the UK food industry. Monoethylene-glycol-MEG – Biplastics
We will be working with the existing management team to continue driving the revolution of sustainable flexible packaging in the UK and beyond. FFP chief executive and managing director David Cooper will remain with the company along with the management team.
Robin Chudley, chairman of FFP Packaging Solutions, added: “I am extremely proud of FFP’s position in the UK flexible packaging market and the respect that FFP has developed across the industry. This legacy is something that was started by my father back in 1962 and has been continuously built upon through my own leadership of the business and more recently since the appointment of the management team in place today.
AMB Spa has signed a partnership agreement with B. For Pet, an Italian recycler, with the aim of processing rPET flake from post-consumer trays, which will be used to produce new food packaging such as transparent films.
The agreement involves AMB’s tray-to-tray recycling brand TrayRevivie, which launched earlier this year, and follows a period of collaboration with B. For Pet.
As part of the agreement, B. For Pet will reportedly supply rPET in the form of flakes from post-consumer trays, sourced from the company’s new recycling plant in Campolattaro, Italy. B. For Pet says that the quality of the recycled material has improved since the start of the project due to continuous research and development and will now be used to manufacture food-grade transparent films. Monoethylene-glycol-MEG – Biplastics
AMB adds that the partnership will ensure significantly higher tray recycled plastic content in its end products by utilising materials that could not be used previously. The company claims that the new products will balance recyclability and food safety, while it continues to utilise new recycling streams to support the food packaging industry’s sustainability efforts.
Paolo Cescutti, chief procurement officer at AMB, explains: “At AMB we have invested time and resources in our partnership with B. For Pet, working and testing intensively to develop the right material that delivers a truly sustainable source of raw materials from post consumers trays. Meaning we can divert more away from landfill or incineration, by the end of this year we would divert over 46 million trays.
“Our in-depth knowledge and understanding of materials gained through this approach led to AMB’s tray-to-tray recycling initiative for its TrayRevive product. The recycled tray material was developed in collaboration with B. For Pet fits our existing equipment and enables us to efficiently turn plastic waste into food-grade packaging.”
Monoethylene-glycol-MEG – Biplastics