Polyestertime

Bioplastics polylactic acid – Lenzing faced a challenging year in 2023, grappling with subdued demand and escalating raw material and energy costs 19-03-2024

Bioplastics polylactic acid

Sulzer supplying tech, gear to India’s debut bioplastics plant

Sulzer Ltd., based in Winterthur, Switzerland, is set to provide cutting-edge polylactic acid (PLA) production technologies to Balrampur Chini Mills Limited (BCML) for India’s inaugural bioplastics facility. This state-of-the-art plant, situated adjacent to BCML’s sugar cane processing facility, aims to churn out 75,000 tons of compostable, entirely recyclable bioplastic annually, utilizing sugarcane as its primary feedstock. By leveraging the nation’s main agricultural crop, BCML seeks to significantly contribute to India’s sustainability goals.

With single-use plastic pollution escalating globally, bioplastics adoption, especially in packaging, is being championed by many nations. Polylactic acid, a bio-based, compostable polymer derived from renewable sources like sugar cane, offers a promising solution.  Bioplastics polylactic acid

Sulzer has meticulously developed and optimized the requisite technologies to facilitate this production process, meeting the escalating demand for sustainable products economically.

As a prominent player in India’s sugar industry, BCML boasts a crushing capacity of 80,000 tons per day across ten plants, underlining its commitment to sustainability. Notably, they’re already India’s top bioethanol producer and utilize sugar mill waste for power generation. Introducing bioplastic manufacturing aligns with BCML’s journey towards Net Zero, bolstering their resource efficiency and environmental stewardship.

Sulzer’s pivotal role in realizing this venture involves delivering manufacturing technologies for key process stages such as lactide synthesis, purification, and polymerization. Bioplastics polylactic acid

Renowned globally for supplying essential equipment in bioplastics production, Sulzer’s expertise permeates numerous PLA plants worldwide. Post-completion, their field service experts will provide support during commissioning and start-up procedures, ensuring seamless operations.

Bioplastics polylactic acid

Cyclohexane Prices Decline in Feb 2024, Takes Support from Feedstock and Low Demand

The Dutch market saw prices of Cyclohexane marginally depreciate by approximately 2% during the middle of the first quarter of 2024, despite prices of feedstock Benzene witnessing a surge of approximately 14% during the same timeframe.

The prime reason for the depreciation in the prices of Cyclohexane is largely attributed to the reluctance amongst residential investors and declined demand for office spaces as bankruptcies increase amongst construction firms. Bioplastics polylactic acid

With capital market interest rates on the rise, investment confidence in commercial real estate continued to remain low, which consequently led to the cancellation of construction projects. Thereby having a detrimental impact on the demand for Cyclohexane, as demand from the downstream paints and coating industries subdued.

Investment volume in the real estate market fell by 53% in 2024 with further depreciations anticipated towards the end of 2024 and institutional volume (consisting of pension funds and insurers) fell by 70% in 2023 with depreciations likely expected towards the termination of 2024. Bioplastics polylactic acid

Despite positive effects seen across the Dutch construction sector so far, as evidenced by the stabilization of property prices, the outlook remains largely uncertain.

Bioplastics polylactic acid

Lenzing faced a challenging year in 2023, grappling with subdued demand and escalating raw material and energy costs

Despite maintaining a relatively stable revenue of €2.52 billion, compared to €2.57 billion in 2022, the company suffered an overall loss of –€593 million, a significant downturn from –€37.2 million the previous year. CEO Stephan Sielaff expressed disappointment at the lack of market recovery and emphasized the importance of resilience-building measures.

To counter these challenges, Lenzing implemented a performance improvement program expected to yield €100 million in annual savings, with half of the benefits realized in 2023. Capital expenditure in 2023 amounted to €283.6 million, following a substantial €698.9 million in 2022, primarily focused on enhancing production capabilities and reducing emissions in facilities like Nanjing, China, and Purwakarta, Indonesia. Bioplastics polylactic acid

Despite the setbacks, Lenzing maintained its commitment to sustainability, earning recognition from rating agencies like CDP and EcoVadis. Looking ahead, while the International Monetary Fund (IMF) revised its 2024 growth forecast to 3.1%, global economic risks persist, including geopolitical tensions, inflation, and market volatility, notably in the Chinese real estate sector.

Consumer sentiment remains subdued due to inflation and stagnant incomes, impacting the clothing market crucial to Lenzing. Nonetheless, the company anticipates improved earnings in 2024, banking on gradual market normalization and continued strategic initiatives. Bioplastics polylactic acid

Bioplastics polylactic acid

European Benzene Prices Pulled up by the Increased Production Cost

Hamburg (Germany): Benzene prices in the European market remained unchanged from the previous week following a series of significant increases.

The previous weeks saw a sharp rise in prices due to increased demand from industries using styrene, phenol, and other solvents, as well as rising production costs domestically. The surge in demand for aromatics and styrene affected Benzene prices, with manufacturers having to maintain higher prices to balance supply and demand and cover production costs. Bioplastics polylactic acid

The price quotations of Benzene in the European market were observed at USD 1,230 per MT, FOB Hamburg, for the week ending March 8th, 2024.

The Manufacturing PMI increased slightly to 42.5 in February 2024 from the initial estimate of 42.3, indicating a contraction in the manufacturing sector.

Production declined, and new orders decreased at a faster rate due to lower domestic and international sales, resulting in fewer backlogs and job cuts.  Bioplastics polylactic acid

The Port of Hamburg is resilient in the face of potential supply chain disruptions caused by an upcoming strike by the German Union of Locomotive Drivers (GDL).

A study by the German Federal Logistics and Mobility Office (BALM) showed positive trends in container transport by water and rail, with an increased share of rail freight.

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European Benzene Prices Pulled up by the Increased Production Cost

Biocircular Data Center, the first project in the world starts in France

France heralds the initiation of the world’s pioneering Biocircular Data Center project through a collaboration between Data4, a prominent European data center operator and investor, and the University of Paris-Saclay. Set into motion in early 2024, this groundbreaking endeavor aspires to craft the globe’s premier biocircular data center.

Convening a diverse, interdisciplinary team, the project endeavors to erect a prototype capable of repurposing the heat generated by data center infrastructures. This recycled heat aims to benefit local communities and adjacent industrial sectors. Bioplastics polylactic acid

Spearheaded by experts from institutions like Centrale-Supélec, AgroParisTech, Inrae, and the ICMMO Laboratory of the University of Paris-Saclay, along with private entities such as Blue Planet Ecosystems, the endeavor unfolds at Data4’s Marcoussis campus near Paris.

The project’s agenda encompasses research, development, and testing of innovative solutions to harness and repurpose data center heat. By leveraging natural processes like photosynthesis, the aim is to capture CO2 emissions effectively.

Algae cultivation emerges as a potent tool, boasting a carbon capture capacity 20 times greater than trees, ultimately yielding sustainable energy sources such as biofuels and biogas. Bioplastics polylactic acid

Patrick Duvaut, vice-president of the University of Paris-Saclay, underscores the efficacy of this carbon capture method, which surpasses traditional tree-based approaches. Linda Lescuyer, Innovation Director of Data4, highlights the project’s dual focus on promoting healthier food practices and facilitating the energy transition. The partnership with the University of Paris-Saclay reflects a shared commitment to foster a circular energy economy, propelled by cutting-edge scientific research.

Biocircular Data Center, the first project in the world starts in France

Plastic chemicals are more numerable and less regulated than previously thought

A recent report by PlastChem reveals that less than 6% of over 16,000 chemicals associated with plastic production are regulated globally, highlighting a significant regulatory gap. PlastChem, a project funded by the Norwegian Research Council, aims to address potential harm from plastics and polymers. The report underscores the proliferation of hazardous compounds from plastic production, use, and waste, with inadequate regulatory measures to safeguard against them.

Houston, Texas, known as the “Energy Capital of the World,” with over 600 oil and gas facilities, is particularly implicated. These facilities contribute to plastic production, compounding the issue of chemical exposure.  Bioplastics polylactic acid

Key findings of the report include:

  • Identification of 16,325 chemicals related to plastic production.
  • Only 6,276 chemicals have publicly available data, with less than 6% being regulated.
  • Chemicals categorized into hazardous, less hazardous, watch list, and not hazardous groups.
  • Concerns raised about the health impacts of plastic-related chemical exposure, with substantial healthcare costs attributed to plastics.

PlastChem advocates for increased transparency in disclosing chemicals by industry and government, targeted regulations focusing on specific chemical groups, and integration of research findings into global policies like the UN Global Plastics Treaty draft.

While the American Chemistry Council acknowledges the need for greater transparency, they raise concerns about the report’s methodology. However, experts like Karen Reubenheimer emphasize the importance of clear data to address the unseen pollution caused by unregulated chemicals.  Bioplastics polylactic acid

Plastic chemicals are more numerable and less regulated than previously thought

Shell Chemicals and Braskem have collaborated to introduce certified bio-attributed and bio-circular propylene and polypropylene to the U.S. market

This initiative responds to the increasing consumer demand for sustainable plastics. Braskem, a leader in bio-based materials, will leverage these feedstocks to manufacture bio-attributed and bio-circular polypropylene. This move targets various sectors such as packaging, film, automotive, and consumer goods, offering more eco-friendly options.

Mark Nikolich, Vice President of Olefins and Polyolefins at Braskem North America, emphasized their commitment to sustainable solutions, highlighting the significance of partnerships with forward-thinking suppliers like Shell. Shell, in turn, is proud to contribute to the supply chain of everyday products through bio-attributed and bio-circular feedstocks, aligning with their strategy to lower emissions and achieve net-zero status by 2050.  Bioplastics polylactic acid

Their collaboration in Europe further underscores Braskem’s dedication to carbon neutrality and circular economy goals. Meanwhile, Shell has set ambitious emission reduction targets, aiming for a 50% decrease by 2030 compared to 2016 levels.

The introduction of mass balance, independently verified by a third-party certification body, allows the attribution of bio-circular and bio-attributed content to specific end products. This accounting process, widely adopted across industries, facilitates the integration of traditional and novel feedstocks, supporting the transition towards a more sustainable plastics industry.  Bioplastics polylactic acid

Shell Chemicals and Braskem have collaborated to introduce certified bio-attributed and bio-circular propylene and polypropylene to the U.S. market

Bottle waste recycling – Battery costs have plummeted, with Goldman Sachs foreseeing a corresponding drop in electric car prices 18-03-2024

Bioplastics polylactic acid

Bottle waste recycling – Battery costs have plummeted, with Goldman Sachs foreseeing a corresponding drop in electric car prices 18-03-2024

Bottle waste recycling

PET Botlle Resin – Plastics continue to experience a decline in Germany 

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Bottle waste recycling

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Battery costs have plummeted, with Goldman Sachs foreseeing a corresponding drop in electric car prices

Lithium battery prices have halved since last summer, reports Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest battery manufacturer. Publicly available prices in early summer 2023 ranged from $110/kWh to $130/kWh, notes Pv Magazine, initially decreasing by a third. Recent data from CnEVPost indicates that major electric vehicle battery purchasers are benefiting from a 50% to 56% price reduction. Leapmotor CEO Cao Li anticipates further drops, potentially reaching 60% to 64% this summer.

According to the Rocky Mountain Institute’s report, ‘X-Change: Batteries – The Battery Domino Effect’, battery costs and energy density follow learning curves. With every doubling of battery production, costs decline by 19%-29%, and energy density increases by 7%-18%. By 2030, battery cell costs could plummet to $32-54 per kWh, with high-end batteries boasting 600-800 Wh/kg.  Bottle waste recycling

Technological advancements and raw material price declines underpin this price collapse. Goldman Sachs notes past battery metal price hikes squeezed EV makers’ profits, but now, with supply catching up, prices for metals like nickel and lithium are cooling down. This trend should soon benefit electric vehicle manufacturers.

Goldman Sachs Research forecasts a nearly 40% reduction in battery prices by 2025, potentially achieving cost parity with internal combustion engine cars in certain markets. Long-term projections suggest electric vehicles could seize a significant market share, reaching 50% in the US and 68% in the EU by 2030.  Bottle waste recycling

Bottle waste recycling

Berry Global increases film recycling capacity in Europe

The expansion will increase the amount of recycled films produced at Berry’s sites in the UK, Germany, and Poland by approximately 6,600 tonnes a year

Berry Global has announced it is increasing its flexible film recycling capacity across three sites in Europe.

The expansion will increase the amount of recycled films produced at Berry’s Heanor (UK), Steinfeld (Germany), and Zdzieszowice (Poland) plants by approximately 6,600 tonnes a year. Berry’s Heanor and Steinfeld flexible film plants are both certified as diverting over 99% of waste from landfillBottle waste recycling

The move is part of a pan-European project to expand production of Berry’s Sustane range of recycled polymers, part of its BPI packaging solutions. The product line has diverse film applications, from bags and stretch hoods to shrink wrap. On its website, Berry introduces the range as a way to avoid the UK’s plastic tax on material that does not contain at least 30% recycled plastic.

The packaging manufacturer aims to achieve 30% recycled content options across all its European flexible films by 2025. That will place it well above the recycling content targets set out in the EU’s Packaging and Packaging Waste Regulation (PPWR). Bottle waste recycling

Bottle waste recycling

Trade Disturbances Lead MEG prices to Rise in the US and Europe in Early March 2024

In the complex landscape of global markets, the month of March 2024 witnessed a mix sentiment in the United States’ Mono Ethylene Glycol (MEG) market. After a sudden incline, this week expressed declination, marked a 0.8% reduction in MEG prices compared to the previous week, which is primarily attributed to a slight decrease in demand from the MEG downstream Polyethylene Terephthalate (PET) manufacturing industries. The reduction in demand observed from the areas such as PET bottle and food packaging sectors, influencing the general market sentiments. Concurrently, the prices of feedstock Ethylene Oxide experienced a surge of USD 10/MT during the same period, exerting additional pressure on MEG manufacturers’ margins.  Bottle waste recycling

The geopolitical tensions following the Ukrainian drone attack on Russian oil refineries contributed to the escalation of crude oil market prices. This recent event, coupled with disruptions in marine logistics due to incidents in the red sea, further enhanced challenges in the supply chain. As per the recent data (early March 2024), a hike of around 7-8% was observed in freight charges across US to China trade route in comparison to the last month.  Bottle waste recycling

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Trade Disturbances Lead MEG prices to Rise in the US and Europe in Early March 2024

The Environmental Services Association (ESA) and British Plastics Federation (BPF) have jointly launched PlasticRecyclingFacts.org to address confusion about plastic recycling

The campaign was designed to increase consumer confidence in recycling by using online influencers and social media content together with an information hub to educate consumers.

“By demystifying the process, we hope to show that recycling isn’t just a black hole or wishful thinking – it’s a thriving industry and a vital part of solving the world’s environmental challenges,” said ESA executive director Jacob Hayler.

A survey commissioned by the two organisations found 60% of adults claimed to ‘always’ recycle plastic, with another 34% ‘usually’ did so. There were 61% of respondents who were confident their recycled plastic gets processed correctly.  Bottle waste recycling

The ESA and BPF said, however, that “stagnant national recycling performance figures don’t align with these high self-reported rates”.

Time pressures and confusion over which plastics can be recycled at home were the two main barriers to greater recycling volumes.

The Environmental Services Association (ESA) and British Plastics Federation (BPF) have jointly launched PlasticRecyclingFacts.org to address confusion about plastic recycling

Industry tries to ‘demystify’ plastic recycling

The Environmental Services Association (ESA) and British Plastics Federation (BPF) have jointly launched PlasticRecyclingFacts.org to address confusion about plastic recycling.

The campaign was designed to increase consumer confidence in recycling by using online influencers and social media content together with an information hub to educate consumers.  Bottle waste recycling

“By demystifying the process, we hope to show that recycling isn’t just a black hole or wishful thinking – it’s a thriving industry and a vital part of solving the world’s environmental challenges,” said ESA executive director Jacob Hayler.

A survey commissioned by the two organisations found 60% of adults claimed to ‘always’ recycle plastic, with another 34% ‘usually’ did so. There were 61% of respondents who were confident their recycled plastic gets processed correctly.  Bottle waste recycling

The ESA and BPF said, however, that “stagnant national recycling performance figures don’t align with these high self-reported rates”.

Time pressures and confusion over which plastics can be recycled at home were the two main barriers to greater recycling volumes.

Industry tries to ‘demystify’ plastic recycling

BP increases stake in AREH hydrogen project; Macquarie withdraws

BP increases its share in the substantial AREH hydrogen plan as Macquarie departs. Macquarie Group of Australia has sold its 15% stake in the Australian Renewable Energy Hub (AREH) project, a significant initiative for green hydrogen production in Western Australia, supported by 26 GW of wind and solar power capacity. Bottle waste recycling

BP Plc (LON:BP), already the primary investor and operator, acquired Macquarie’s interest. Robert Dunlop, Macquarie Capital’s global head of Resources, confirmed the exit in a LinkedIn post, without disclosing financial specifics.

BP’s share now stands at 63.57% in the AREH venture, with Intercontinental Energy and CWP Global holding 26.39% and 10.04%, respectively. Bottle waste recycling

Formerly named the Asian Renewable Energy Hub, AREH aims to establish one of the world’s largest renewable and green hydrogen centers. Located in the Pilbara region, it will undergo phased development and reach a full capacity of producing 1.6 million tonnes of green hydrogen or 9 million tonnes of green ammonia annually.

BP increases stake in AREH hydrogen project; Macquarie withdraws

Bottle waste recycling

Banning plastic bottles – Sabic introduces LNP Elcres SLX1271SR, a PC-based grade in the LNP SLX family offering scratch and UV resistance 16-03-2024

PET Botlle Resin – Plastics continue to experience a decline in Germany 18-03-2024

PET Botlle Resin

PET Botlle Resin

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET Botlle Resin

PET Botlle Resin

Polyestertime
ITEM 11/03/2024 18/03/2024 +/-
Bottle grade PET chips domestic market 7,025 yuan/ton 7,100 yuan/ton +75
Bottle grade PET chips export market 895 $/ton 905 $/ton +10
Filament grade Semidull chips domestic market 6,830 yuan/ton 6,890 yuan/ton +60
Filament grade Bright chips domestic market 6,850 yuan/ton 6,895 yuan/ton +45
Pure Terephthalic Acid PTA domestic market

PET Botlle Resin

5,760 yuan/ton 5,895 yuan/ton
+135
Pure Terephthalic Acid PTA export market 700 $/ton 735 $/ton +35
Monoethyleneglycol MEG domestic market 4,565 yuan/ton 4,485 yuan/ton
-80
Monoethyleneglycol MEG export market 537 $/ton 525 $/ton -12
Paraxylene PX FOB  Taiwan market 1,003 $/ton 1,043 $/ton
+40
Paraxylene PX FOB  Korea market 981 $/ton 1,021 $/ton +40
Paraxylene PX FOB EU market 1,150 $/7on 1,170 $/ton +20
Polyester filament POY 150D/48F domestic market 7,750  yuan/ton 7,750 yuan/ton
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,600 yuan/ton -100
Polyester filament DTY 150D/48 F domestic market 9,075 yuan/ton 9,050 yuan/ton -25
Polyester filament FDY 68D24F 9,100 yuan/ton 9,100 yuan/ton
Polyester filament FDY 150D/96F domestic market

Polymers prices

8,350 yuan/ton 8,350 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,320 yuan/ton 7,400 yuan/ton +80
Caprolactam CPL domestic market 12,900 yuan/ton 12,900 yuan/ton
Caprolactam CPL overseas  market 1,700 $/ton 1,700 $/ton
Nylon 6 chips overseas  market 1,975 $/ton 1,975 $/ton
Nylon 6 chips conventional spinning domestic  market 14,150 yuan/ton 14,300  yuan/ton +150
Nylon 6 chips  high speed spinning domestic  market 14,850 yuan/ton 14,650 yuan/ton +400
Nylon 6.6 chips domestic  market

PET Botlle Resin

22,000 yuan/ton 22,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,000 yuan/ton 16,700 yuan/ton -300
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 18,900 yuan/ton- -300
Nylon6 Filament FDY  70D/24F  18,350 yuan/ton 18,100 yuan/ton -250
Spandex 20D  domestic  marke 34,400 yuan/ton 34,200 yuan/ton -200
Spandex 30D  domestic  market 32,900 yuan/ton 32,700 yuan/ton -200
Spandex 40D  domestic  market  29,900 yuan/ton 29,700 yuan/ton -200
Adipic Acid domestic market

PET Botlle Resin

9,750 yuan/ton 9,500 yuan/ton -250
Benzene domestic market 8,600 yuan/ton 8,720 yuan/ton +120
Benzene overseas  market 1,024 $/ton 1,046 $/ton +22
Ethylene South East market 1,010 $/ton 1,010 $/ton
Ethylene NWE market CIF 929 $/ton 840 $/ton -89
Acrylonitrile ACN  domestic market 9,700 yuan/ton 9,700 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

PET Botlle Resin

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,400 yuan/ton 13,400 yuan/ton
PP Powder domestic market 7,100 yuan/ton 7,100 yuan/ton
Naphtha overseas market  701 $/ton 725 $/ton +24
Phenol domestic market 7,640 yuan/ton 7,685 yuan/ton +45

r-PET high end eco-friendly chips =8,350 yuan/ton 8,350 yuan/ton   –

Plastics continue to experience a decline in Germany

Plastics in Germany faced a sharp decline last year, with production plummeting by over 15% and sales dropping by 22 points, spelling out a bleak outlook for the industry in the near future. This downturn was evident not only in the financial reports of major German chemical corporations but also in recent data from the plastics converters’ association GKV.

Further evidence of the sector’s distress emerged from PlasticsEurope Deutschland, the association representing German plastics producers. According to its president, Ralf Düssel, primary plastic production nosedived by 15.3%, while sales and trade saw significant slumps of nearly 22%, with exports and imports each declining by 11% and 14%, respectively. PET Botlle Resin

Despite a slight uptick in employment (+1.7%), the overall scenario remains dire.

Düssel didn’t mince words, labeling the situation “dramatic” and suggesting that the industry was facing its worst crisis on record. Projections indicate that production will likely remain stagnant this year, lingering at a dismal 25% below 2022 levels. To weather this storm, Düssel emphasized the need for strategic and structural adaptations throughout the supply chain.

Though the outlook appears grim, some faint glimmers of hope emerge from regulatory initiatives at both national and EU levels. PET Botlle Resin

These measures aim to bolster German industry’s competitiveness and foster advancements in climate protection technologies, leveraging Europe’s edge in chemical innovation, particularly in the realm of non-fossil plastic production methods like biopolymers and recycling.

Plastics continue to experience a decline in Germany

PET Botlle Resin

Banning plastic bottles – Sabic introduces LNP Elcres SLX1271SR, a PC-based grade in the LNP SLX family offering scratch and UV resistance 16-03-2024

Banning plastic bottles

Dow ‘reinvents’ polyethylene

Researchers at Dow have developed a groundbreaking polymerization technique, revolutionizing the production of polyethylene. This innovative process enables the controlled synthesis of long-chain branched polymers, a feat previously unattainable under traditional methods.

Published in Science, their work unveils a polyethylene variant boasting an unprecedented long-chain architecture akin to LLDPE. Crucially, this achievement is made possible through a novel catalyst, characterized as dual-chain, which orchestrates the simultaneous assembly of two polymer chains on a single metal center. By incorporating a small amount of diene alongside ethylene, this catalyst facilitates the creation of ladder-like branching structures.  Banning plastic bottles

The implications of this breakthrough are profound. Not only does it pave the way for industrial-scale production of controlled long-chain branched polyethylene, but it also offers comparable rheological properties to LDPE or its blends with linear polyethylene at low density.

Moreover, this advancement promises enhanced resource efficiency and potential reductions in the carbon footprint of polymer manufacturing on an industrial scale. The versatility of this new polyethylene variant holds promise for various applications, including packaging, infrastructure, consumer goods, transportation, and healthcare.

Dave Parrillo, Vice President of Research & Development at Dow, highlights the transformative impact of this innovation, emphasizing its role in creating lower-carbon, circular, and safer products across diverse sectors. Banning plastic bottles

Led by Robert Froese and supported by a team of scientists from Dow laboratories in Texas, Michigan, and Holland, this research marks a significant milestone in polymer science and industrial innovation.

Banning plastic bottles

The Nova Institute projects robust growth at 17% annually for bio-based polymers from 2023 to 2028, propelled by heightened demand from Asia and the USA

However, Europe trails in this sector. PLA capacities surged nearly 50% in 2023, alongside steady growth in polyamide and epoxy resin production. Expansion of 100% bio-based PE capacities occurred, with PE and PP from bio-based naphtha gaining ground. PHA expansions are in the pipeline. Despite promising growth, bio-based polymers only represent 1% of fossil-based polymer production, but their compound annual growth rate (CAGR) of 17% far exceeds the overall polymer market’s 2-3% growth, a trend expected until 2028. Banning plastic bottles

Some global brands are diversifying their raw material sources to include renewable options like CO2 and biomass, driving demand for bio-based and biodegradable polymers. However, political support, particularly lacking in Europe, hampers progress, unlike in Asia and the USA where supportive legislation boosts demand.

In 2023, Asia leads globally with 55% of installed bio-based polymer capacities, followed by North America (19%) and South America (13%). Europe’s share dwindled to 13%, largely due to reliance on mass balance and free allocation methods. Asia is poised for significant growth, expecting a 35% CAGR from 2023 to 2028, driven by PA, PHA, and PLA expansions. Banning plastic bottles

For those in the coatings industry, understanding water-based acrylic dispersions is crucial. “Water-based Acrylic Dispersions” offers comprehensive insights into binders, systems, and testing methods, catering to beginners, specialists, students, and experts seeking deeper knowledge in this field.

The Nova Institute projects robust growth at 17% annually for bio-based polymers from 2023 to 2028, propelled by heightened demand from Asia and the USA

Sabic introduces LNP Elcres SLX1271SR, a PC-based grade in the LNP SLX family offering scratch and UV resistance

Tailored for automotive exterior components, this polycarbonate copolymer doesn’t require painting, cutting costs and environmental impacts associated with VOC release.

A finalist in the 2024 Edison Best New Product Awards, LNP Elcres SLX1271SR boasts resistance to atmospheric agents, UV stability, and solid mechanical performance. It promises long-lasting brilliance without the need for repainting.  Banning plastic bottles

Manufactured with a glossy finish, this copolymer rivals traditional painted polycarbonate or PC/ABS alloys in aesthetics and durability. It passes washing tests with flying colors, retaining gloss and scratch resistance akin to painted polymers.

Sabic’s comparisons with PMMA-based materials highlight SLX1271SR’s superior mechanical performance, color depth, and heat resistance (120°C). It’s ideal for exterior car parts like spoilers, grilles, and mirror housings, as well as electronic and computer housings.  Banning plastic bottles

Thanks to a self-protective layer that continuously absorbs UV light, SLX1271SR maintains its appearance for over a decade. Sabic’s innovation not only meets but exceeds industry standards, offering a game-changing solution for automotive and electronics applications.

Banning plastic bottles

Napcor’s Life Cycle Analysis (LCA) underscores the adverse environmental impact of banning plastic bottles in venues like airports and stadiums

Despite intentions to benefit the environment, research reveals that recyclable PET bottles offer superior eco-friendliness compared to common alternative packaging.

Since San Francisco Airport’s (SFO) ban on plastic water bottles in 2019, Napcor’s LCA shows that replacing 9,000 daily water bottles with aluminum cans has resulted in an estimated 1,100 metric tons of extra CO2 equivalent emissions. These emissions equate to driving 2.8 million miles in a gas-powered vehicle or consuming 2,500 barrels of oil, among other comparisons.  Banning plastic bottles

Laura Stewart, Napcor’s Executive Director, highlights the misconception regarding plastic’s impact versus other materials. Research affirms PET’s sustainability in beverage packaging. Compared to aluminum and glass, PET bottles excel in environmental metrics like energy consumption, solid waste generation, and greenhouse gas emissions.

The LCA contrasts a 16.9 oz. PET water bottle with a 12 oz. aluminum can, showing PET’s significant advantages in energy use, waste production, and emissions reduction. Stewart emphasizes PET’s superiority and urges venues like SFO to focus on proper PET bottle recycling instead of blanket bans.

This report follows findings in New Jersey, where banning plastic bags tripled plastic usage, demonstrating the pitfalls of such measures.

Napcor promotes PET’s environmental benefits and advocates for recycling-focused policies to maximize its positive impact. Banning plastic bottles

Napcor and its members champion PET education and legislative initiatives to foster responsible consumer choices and recycling practices, recognizing that PET’s benefits are fully realized through conscientious actions throughout its lifecycle.

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Banning plastic bottles

INEOS Olefins & Polymers Europe, PepsiCo, and Amcor have collaborated to introduce new snack packaging for Sunbites crisps, containing 50% recycled plastic

Launched in late 2023 in the UK and Ireland, the packaging utilizes an advanced recycling process to transform plastic waste into food-grade packaging material. This approach, complementary to mechanical recycling, meets stringent EU regulatory standards for food contact packaging, sensitive applications, and medical devices.

The partnership spans the supply chain, with GreenDot handling the procurement and supply of post-consumer plastic waste, converted into TACOIL by Plastic Energy’s technology.  Banning plastic bottles

INEOS utilizes this pyrolysis oil as an alternative feedstock, producing recycled propylene and then high-quality recycled polypropylene resin in Lavera, France. IRPLAST utilizes the resin to create new packaging films containing 50% post-consumer recycled materials, meeting food contact requirements. Amcor transforms these films into printed packaging for PepsiCo.

PepsiCo’s launch of Sunbites packaging in the UK is part of their pep+ initiative, aiming to eliminate virgin fossil-based plastic in European crisp and chip bags by 2030. The recycled polymer content is certified under ISCC PLUS, ensuring accurate claims and adherence to mass balance principles.  Banning plastic bottles

INEOS asserts that this achievement showcases the role of advanced recycling technologies in meeting EU targets for recycled content in contact-sensitive plastic packaging. Recent developments include Solvay and Hegen’s partnership for the first baby bottle made with recycled content and air up’s reusable bottles made from Tritan Renew, with 50% ISCC-certified recycled content, reducing plastic use significantly.

INEOS Olefins & Polymers Europe, PepsiCo, and Amcor have collaborated to introduce new snack packaging for Sunbites crisps, containing 50% recycled plastic

The Chinese alliance for an “intelligent” battery plant

Three Chinese industry giants, BAIC, CATL, and Xiaomi, have forged an alliance to establish an “intelligent” battery plant, catering specifically to electric vehicles. Their newly formed joint venture, Beijing Era New Energy Technology, will oversee the creation of this cutting-edge lithium-ion battery facility in Beijing.  Banning plastic bottles

Although specifics regarding the factory’s features are undisclosed, the companies reveal its location and a total initial investment of 1 billion yuan (approximately 127.25 million euros). BAIC will hold a 39% stake, while CATL and Xiaomi will contribute 51% and 5% respectively. Information regarding the remaining 5% ownership remains undisclosed.

Beyond electric vehicle batteries, the joint venture will delve into the development, production, and sale of storage batteries, along with providing after-sales services and technical consultation.

BAIC highlights its ongoing collaboration with Huawei on electric vehicles through the Arcfox brand.  Banning plastic bottles

Their upcoming project aims to introduce a high-end, “intelligent” fully electric sedan by 2024, with an ambitious production target of 120,000 units annually.

The Chinese alliance for an "intelligent" battery plant

LyondellBasell grants Inner Mongolia Rongxin licenses for Spheripol and Hostalen ACP technologies, enabling a joint capacity of 900,000 tonnes annually for polyolefins

These technologies will drive a new petrochemical facility in Ordos, Inner Mongolia, a northern Chinese autonomous region.

The endeavor encompasses two plants: one targeting 500,000 tonnes yearly of polypropylene via Spheripol, and the other aiming for 400,000 tonnes annually of high-density polyethylene with Hostalen ACP.

Inner Mongolia Rongxin gains access to LyondellBasell’s technical support for continuous manufacturing enhancement, sustainable product innovation, and catalysis systems.

The Spheripol technology, now in its fifth iteration, has already secured licenses exceeding 35 million tonnes globally.  Banning plastic bottles

The upcoming plant will initiate operations utilizing the Avant ZN catalyst.

Employing the Hostalen ACP process, the facility will produce high-performance multimodal HDPE resins with optimal attributes for pressure piping, film, and blow molding, striking a balance between stiffness, toughness, and resistance to impact and stress cracking.

The plant will utilize Avant Z501 and Avant Z509-1 catalysts to manufacture a comprehensive range of multimodal HDPE resins. Banning plastic bottles

LyondellBasell grants Inner Mongolia Rongxin licenses for Spheripol and Hostalen ACP technologies, enabling a joint capacity of 900,000 tonnes annually for polyolefins

Plastic waste crisis – Concerns raised over health effects of chemicals leaching from food packaging 15-03-2024

Banning plastic bottles

Plastic waste crisis – Concerns raised over health effects of chemicals leaching from food packaging 15-03-2024

Plastic waste crisis

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Recycling industry welcomes France’s move to tighten EU packaging rules

The recycling industry in Europe has expressed its support for France’s initiative to add a clause to the EU packaging rules that would require producers of plastic packaging from outside the bloc to comply with the same environmental and health criteria as those within the EU.

According to the French Ministry of Ecological Transition, the clause aims to prevent the import of plastic packaging that contains substances that are banned or restricted in the EU, such as bisphenol A, phthalates, or brominated flame retardants. The clause would also ensure that imported plastic packaging is recyclable and does not hinder the circular economy objectives of the EU. Plastic waste crisis

The clause, which was proposed by France on 12 October, is part of the revision of the EU Packaging and Packaging Waste Directive, which sets the rules and targets for packaging materials in the EU. The revision is expected to be finalised by the end of the year.

However, the European Commission is believed to see the clause as a ‘de facto ban’ on plastic imports from non-EU countries.

In theory, companies manufacturing outside of the EU might have to buy EU-manufactured plastics for their products that would be sent to the EU to meet these rules if locally manufactured plastics do not meet the criteria. Plastic waste crisis

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Plastic waste crisis

Concerns raised over health effects of chemicals leaching from food packaging

Everyday plastic food packaging contains chemicals that can disrupt the working of human cells, two new studies from a Norwegian group reveal. The effects include interfering with cell receptors that are crucial for hormonal and metabolic control, as well as our body clock.

The Norwegian lab tested chemicals from plastic items purchased in five countries – US, Germany, the UK, South Korea and Norway – against four cell receptors.1 Non-target high-resolution mass spectrometry and reporter gene assays revealed that 18 out of 36 plastics contain chemicals that activate estrogen receptors and 14 contain compounds that block androgen receptors.  Plastic waste crisis

‘There are thousands of unique chemicals present in plastics and they are disrupting endocrine and metabolic receptors,’ says Molly McPartland, a PhD candidate in the lab of Martin Wagner at the Norwegian University of Science and Technology.

Plastics consist of a polymer backbone with chemicals such as plasticisers, solvents and catalysts added during manufacture. Impurities and degradation products may also be present. These compounds can leach out into contact materials, including food, which has worried food safety researchers.  Plastic waste crisis

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Plastic waste crisis

How MRF technology made a contaminant a product

Rumpke’s new Columbus, Ohio MRF is key to a partnership with Eastman Chemical that will create an end market for opaque PET materials, among other hard-to-recycle products. Courtesy of Rumpke

A partnership between midwest recycling processor Rumpke and resin giant Eastman Chemical will create an end market for opaque and otherwise hard-to-recycle PET materials, driven by state-of-the-art sortation capabilities at Rumpke’s Columbus, Ohio MRF.  Plastic waste crisis

The companies in February announced that Rumpke will begin collecting and sorting hard-to-recycle PET products – specifically opaque and colored PET materials – and will bale and sell them to Eastman, which will process the feedstock using its methanolysis technology.

The project was driven as much by the ability to effectively sort different PET streams as it was by Eastman’s emerging demand for PE feedstock, which has increased significantly with the company’s U.S. processing facility, which started up last year in Kingsport, Tennessee.

On the sortation side, the project is tied to Rumpke’s new Columbus MRF, which has been in development for over two years and is slated to start up in June this year. With that facility’s impressive sorting capabilities – particularly its 19 optical sorters – Jeff Snyder, Rumpke’s director of recycling, said the facility is well-outfitted to make new types of bales, like opaque PET.  Plastic waste crisis

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Plastic waste crisis

Bioplastics: sustainable solution or distraction from the plastic waste crisis?

Biodegradable and plant-based plastics are booming — but still come with climate and chemical concerns.

From Chipotle’s compostable burrito bowls to Coca Cola’s plant-based bottles to supermarkets’ opaque produce bags, bioplastics are proliferating across the food industry.

And not just there: they are cropping up in car cushions, electronics, clothing, building supplies and more.

Bioplastics are defined as plastic materials that are either partly or wholly derived from renewable biomass like plants or are biodegradable or are both. The global bioplastics industry is booming: it’s projected to grow from $8.7 billion in 2023 to $31 billion by 2030 – a growth rate faster than the traditional plastics industry.  Plastic waste crisis

Though bioplastics comprise just 1% of the plastics market, some tout them as plastics’ more sustainable future. As delegates prepare for the next round of global treaty talks to tackle plastic pollution in April, some are angling to include bioplastics as alternatives and substitutes in the treaty.

“Bioplastics are driving the evolution of plastics,” the European Bioplastics Association claims on its website, citing “carbon neutrality” and biodegradability (in some cases) as bioplastics’ advantages over their conventional counterparts. But they fail to mention that bioplastics haven’t fully lived up to the hype of faster decomposition rates, safer materials and smaller carbon footprints. Still, experts say the material could be among a suite of solutions if end-of-life management and chemical safety were factored into their design, and stronger standards and regulations were put in place to prevent companies from greenwashing their materials.  Plastic waste crisis

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Bioplastics: sustainable solution or distraction from the plastic waste crisis?

“Implementing mass balance in Domo Chemicals’ PA6 production process”

Domo Chemicals, a leading polyamide producer, has achieved ISCC Plus certification for its sites in Germany, Poland, and Italy, enabling the offering of polyamides 6 under the Technyl and Donamid brands with varied biobased or chemically recycled content.

This certification, based on certified mass balance, maintains properties and performance comparable to standard grades.  Plastic waste crisis

Giampaolo Buzzi, Domo Chemicals’ Business Recycling Manager, emphasizes ongoing advancements in recycling technologies to regenerate various polyamide waste types.

Vimar, an early adopter, will utilize ISCC Plus certified polyamide 6 in its Linea civil series for electrical components, showcasing reduced environmental impact without compromising mechanical, thermal, or aesthetic qualities.

Sandro Bernardi, Vimar’s Technical Director, underscores the significance of ISCC Plus in integrating sustainable materials into demanding applications.  Plastic waste crisis

This partnership reflects a shared commitment to environmental responsibility and innovation in material sourcing and product development

Implementing mass balance in Domo Chemicals' PA6 production process

GR3N, a Swiss company founded by Italian entrepreneurs, has launched a groundbreaking PET chemical recycling demo plant in the Como area, Italy

This innovative facility utilizes microwave-assisted depolymerization technology, capable of converting textile polyester or PET waste into food-grade PET, addressing recyclability challenges. The Microwave Assisted Depolymerization (MADE) process breaks down polyester molecules into monomers like ethylene glycol and terephthalic acid, employing microwave-accelerated basic hydrolysis. The resulting monomers are purified, ready for PET polymerization, yielding new PET suitable for various applications, including food-grade purposes.  Plastic waste crisis

Maurizio Crippa, GR3N’s CEO, highlights the plant’s capability to process up to 60 kg/h of waste, with plans for an industrial-scale facility in Spain, projected to produce 40,000 t/y of regenerated PET granules by 2027. This strategic location aims to combine chemical and mechanical recycling, optimizing waste management processes. While negotiations with potential licensees are ongoing, GR3N’s technology garners significant interest globally. Despite the absence of current plans for a plant in Italy, the success of this demonstration unit underscores the potential for sustainable PET recycling solutions on a larger scale, heralding a new era in waste management and environmental stewardship.

GR3N, a Swiss company founded by Italian entrepreneurs, has launched a groundbreaking PET chemical recycling demo plant in the Como area, Italy

BASF proudly announces the inclusion of its MDI production facility in Geismar, Louisiana, USA, into the esteemed ranks of ISCC PLUS and REDcert2 certified plants

This expansion enables BASF to extend its offerings of locally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides to its global clientele, according to the company. Plastic waste crisis

Dr. Ramkumar Dhruva, President of Monomers at BASF, emphasized the company’s unwavering commitment to sustainable transformation within its monomers divisions and the diverse industries it serves. He highlighted the continuous enhancement of BASF’s product portfolio, ensuring compliance with rigorous standards. “Our achievements underscore our dedication to delivering sustainable solutions and meeting the evolving needs of our customers,” Dr. Dhruva stated.

The certification of BASF’s manufacturing facilities worldwide signifies a significant milestone in supporting customers’ sustainability objectives with environmentally friendly products. Dr. Dhruva expressed satisfaction in the establishment of infrastructure to provide certified, sustainable isocyanate solutions to customers in the United States. He emphasized the company’s ability to offer tailored solutions to meet customers’ diverse product requirements effectively. Plastic waste crisis

In essence, BASF’s commitment to sustainability is reinforced through the expansion of its certified production sites, enabling the provision of eco-friendly solutions to customers worldwide, while ensuring optimal alignment with their sustainability goals.

BASF proudly announces the inclusion of its MDI production facility in Geismar, Louisiana, USA, into the esteemed ranks of ISCC PLUS and REDcert2 certified plants. This expansion enables BASF to extend its offerings of locally produced ISCC PLUS and/or REDcert2 certified isocyanates and polyamides to its global clientele, according to the company. Dr. Ramkumar Dhruva, President of Monomers at BASF, emphasized the company's unwavering commitment to sustainable transformation within its monomers divisions and the diverse industries it serves. He highlighted the continuous enhancement of BASF's product portfolio, ensuring compliance with rigorous standards. "Our achievements underscore our dedication to delivering sustainable solutions and meeting the evolving needs of our customers," Dr. Dhruva stated. The certification of BASF's manufacturing facilities worldwide signifies a significant milestone in supporting customers' sustainability objectives with environmentally friendly products. Dr. Dhruva expressed satisfaction in the establishment of infrastructure to provide certified, sustainable isocyanate solutions to customers in the United States. He emphasized the company's ability to offer tailored solutions to meet customers' diverse product requirements effectively. In essence, BASF's commitment to sustainability is reinforced through the expansion of its certified production sites, enabling the provision of eco-friendly solutions to customers worldwide, while ensuring optimal alignment with their sustainability goals.

Battery recycling – CARBIOS Active: Enzymatic Solution for Compostable PLA in Food Contact Substances 14-03-2024

Plastic waste crisis

Battery recycling – CARBIOS Active: Enzymatic Solution for Compostable PLA in Food Contact Substances 14-03-2024

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China’s aromatics building boom rattles the petrochemical industry

The country’s massive oil-to-chemical complexes have led to oversupply in polyester, nylon, and other aromatic-derived chemicals

Zhejiang Petroleum and Chemical operates one of the oil-to-petrochemical megacomplexes in China. Such facilities are altering the world’s petrochemical landscape.

The global center of mass in aromatic chemical manufacturing is shifting toward China.

In 2019, Zhejiang Petroleum and Chemical (ZPC) opened a complex on Dayushan Island, near the Chinese ports of Shanghai and Ningbo, that had the capacity to refine 20 million metric tons (t) of oil per year. ZPC doubled output 3 years later, making the refinery one of the largest in the world. Battery recycling

But what really makes the complex extraordinary is its chemical capacity. It can produce 11.8 million t per year of aromatic chemicals, primarily benzene and p-xylene, and 4.2 million t of olefins. In just 6 years, ZPC built facilities with nearly the basic chemical output of LyondellBasell Industries, one of the world’s largest established chemical makers.

Integrated refining and chemical complexes typically produce 15–20% of their output as chemicals like olefins and aromatics. ZPC’s chemical yield is 40%.

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Battery recycling

Battery recycling transforms energy storage landscape

Despite facing challenges, battery recycling holds the key to unlocking a sustainable future powered by renewable energy sources.

The renewable energy sector faces a critical challenge: energy storage. Solar and wind are intermittent sources of energy. It needs to be supported by a robust energy storage system to provide reliable and continuous energy to the grid. To truly transition away from fossil fuels, we need efficient and sustainable ways to store this captured energy for use. Lithium-ion (Li-ion) batteries have emerged as the frontrunners in this race, powering everything from electric vehicles (EVs) to portable electronics and potentially serving as the backbone of large-scale grid storage. However, their reliance on critical raw materials and the environmental impact of improper disposal raise concerns about their long-term sustainability. This is where battery recycling comes in, transforming the future of energy storage and ushering in a green revolution. Battery recycling

The global demand for Li-ion batteries is expected to skyrocket in the coming years, driven by the EV revolution and the increasing adoption of renewable energy. Battery energy storage systems (BESS) will have a CAGR of 30 per cent, and the GWh required to power these applications in 2030 will be comparable to the GWh needed for all applications today. This surge presents a significant challenge. Mining the raw materials needed for Li-ion batteries, such as lithium, cobalt, and nickel, can be environmentally destructive and often involves unethical labour practices. The world’s highest lithium stores are in Brazil, Chile, Argentina, and Australia. Mining utilises much of the water in these arid regions, leaving the area parched of its precious water resources. Sulfuric acid and sodium hydroxide used in lithium extraction penetrate the soil and water, poisoning ecosystems and endangering species. Battery recycling

Two flamingo species in Chile are said to be endangered due to lithium mining

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Battery recycling

CARBIOS Active: Enzymatic Solution for Compostable PLA in Food Contact Substances

In a world striving for sustainability, the recent achievement of CARBIOS Active represents a significant leap forward. Its inclusion in the U.S. Food and Drug Administration (FDA) Inventory of Effective Food Contact Substances marks a monumental step in the harmonization of packaging innovation with ecological consciousness. This groundbreaking technology promises to redefine the standards of packaging materials, providing a 100% compostable solution at ambient temperatures. Battery recycling

Unpacking CARBIOS Active’s Impact

Polylactic Acid (PLA) packaging incorporating CARBIOS Active stands out not only for its compostable qualities but also for its capacity to support Food & Beverage brands in their sustainability commitments. Integrated directly into the plastic conversion processes, the enzyme fosters the creation of a new PLA generation. This material leaves behind no toxic residues or microplastics, embodying the ideal of a circular economy.

The encapsulated enzyme is integrated into manufacturing PLA packaging. It stays inactive during product use, maintaining mechanical properties. Upon collection with biowaste and composting, the enzyme activates for complete disintegration and biodegradation, resulting in non-toxic compost and soil enrichment.

“With the FDA’s clearance, we anticipate a surge in demand within North America for CARBIOS’ biodegradation solution. This is a testame nt to our team’s dedication,” affirms Emmanuel Ladent, CEO of CARBIOS.  Battery recycling

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Battery recycling

LANXESS: Rubber Additives for Sustainable Tire Production

LANXESS, a leader in specialty chemicals, is showcasing its tire industry solutions at Tire Technology Expo 2024 in Hanover, booth 3022, with a focus on sustainability. Rhenodiv release agents ensure clean and efficient processes, while a revolutionary solution, Rhenocure DR/S, offers advanced rubber compound engineering.

LANXESS emphasizes reducing the environmental footprint in tire manufacturing. Sustainable rubber chemistry, highlighted under the theme “Less is more,” demonstrates how LANXESS products minimize resource usage and cleaning requirements.

A sustainable variant of the antidegradant TMQ, with over 50% sustainable raw materials, aligns with tire manufacturers’ goal of producing fully “green” tires by 2050. ISCC Plus certification ensures reliability and proper application.  Battery recycling

Rhenodiv BO-3300 Pearls provide a dust-free batch-off process, minimizing equipment cleaning. Silicone-free Rhenodiv release agents streamline tire manufacturing, enhancing cost efficiency and sustainability.

Rhenocure DR/S, engineered without aromatic moieties, offers precise control over crosslinking processes and enhances tire performance. LANXESS provides a comprehensive portfolio of rubber additives, including vulcanizing agents, accelerators, antidegradants, and release agents, contributing to optimized tire production.

With LANXESS, tire manufacturers can achieve sustainable practices without compromising performance, paving the way for greener, cleaner tire production.  Battery recycling

LANXESS: Rubber Additives for Sustainable Tire Production

Avient Introduces Versaflex™ TF Adhesive Tpes For Textile Fabrics

Avient Corporation, a premier provider of specialized and sustainable materials solutions and services, is proud to introduce its new Versaflex™ TF Adhesive Thermoplastic Elastomer (TPE) solutions for adhesive films in laminations with nylon and polyester textile fabrics. These new solutions help textile fabric laminations to be soft, stretchable, and breathable, enabling a uniform thickness and overall appearance in athletic apparel such as sportswear and underwear.  Battery recycling

Avient Introduces Versaflex™ TF Adhesive TPE Solutions for Athletic Textile Fabrics

Versaflex TF Adhesive TPEs offer easy processing and shaping, resulting in a strong adhesion between the TPE adhesive film and high-elastic fabrics. These solutions can support the strength and elasticity of the fabric for superior shape recovery of up to 99% after 300% elongation over 1 minute while also providing excellent washability in various washing machines and modes at temperatures up to 60 °C. This new TPE technology can provide a cost-effective alternative to TPU adhesive films and traditional glue.

“We are seeing a steady increase in the demand for fitness clothing, as people are becoming more health-conscious,” said Matt Mitchell, Director, Global Marketing, Specialty Engineered Materials at Avient. “This trend has created a need for functional and comfortable fabrics that are also visually appealing. With the new Versaflex TF Adhesive TPEs, manufacturers can create close-fitting bodywear textiles that offer consumers a more comfortable exercise experience. Additionally, this technology caters to the growing market for seam tapes.”  Battery recycling

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Avient Introduces Versaflex™ TF Adhesive Tpes For Textile Fabrics

Tapping into PEF’s potential

Dutch company Avantium is on the verge of commercial production of recyclable bioplastic compatible with PET.

Avantium, a renewable chemistry company based in the Netherlands, plans to open a plant later this year that will enable commercial-scale production of a plant-based plastic that can be incorporated into packaging and recycled in traditional polyethylene terephthalate (PET) recycling streams.

Avantium’s YXY plant-to-plastics technology catalytically converts plant-based sugars into a chemical building block that can be used in a variety of chemicals and plastics, including polyethylene furanoate (PEF), a polymer used either as a replacement for PET or as a high-barrier liner in PET bottles.  Battery recycling

PEF’s oxygen barrier properties are 10-times greater than PET, and its carbon dioxide barrier properties are 16-times greater, according to the company. The improved barrier properties can lead to a longer shelf life for foods and beverages, and they maximize the taste and fizziness of soft drinks.

“PEF is a new polymer—it’s new to the world,” Avantium CEO Tom van Aken says. “It is something that has not been produced at commercial scale before. We have been working on this since 2005.”

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Tapping into PEF’s potential

Indicor, LLC., a top diversified industrial firm offering specialized technologies crucial to various niche markets, has announced the acquisition of AGR International

AGR stands as a prominent provider of quality and process control technologies for global beverage packaging clients.  Battery recycling

AGR’s offerings encompass technology and services vital for global glass and plastic packaging clients, ensuring the fulfillment of quality, productivity, and sustainability objectives. Their portfolio includes laboratory and inline equipment, along with automated process systems, facilitating customers in meeting quality management demands for container manufacturing and brand ownership.

Doug Wright, CEO of Indicor, expressed enthusiasm about the acquisition, highlighting AGR’s market leadership, critical solutions, strong customer relationships, and dedication to meeting quality and sustainability requirements. He emphasized that this move aligns with Indicor’s strategy of prudent capital deployment, aiming to enhance long-term financial gains by collaborating with leading businesses.  Battery recycling

Following the acquisition, AGR’s management team will maintain leadership from its headquarters in Butler, PA. There will be no changes to AGR’s name, brands, or operational structure post-transaction. Sudha Jebadurai, AGR’s President, will continue to steer the business forward.

Indicor, LLC., a top diversified industrial firm offering specialized technologies crucial to various niche markets, has announced the acquisition of AGR International

Plastic Waste recycling – Experience meets quality: EREMA sets standards in PET recycling 13-03-2024

Battery recycling

Plastic Waste recycling – Experience meets quality: EREMA sets standards in PET recycling 13-03-2024

Plastic Waste recycling

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Experience meets quality: EREMA sets standards in PET recycling

When it comes to the efficient and safe processing of PET waste, EREMA can draw on valuable experience. The bottle systems made by the Austrian recycling machine manufacturer have 25 years of proven experience on the market. Almost half of the bottle systems shipped in the past three years have been installed in Asia. The production of food contact compliant rPET is becoming increasingly important there – also in the textile industry. EREMA impresses with the highest quality standards and not only easily undercuts the strict limit values of the European and North American authorities for food safety recognised worldwide, but also meets the specifications of global brands. At Chinaplas in Shanghai from 23 to 26 April, 2024, EREMA experts will be on hand to share their expertise with trade fair visitors interested in recycling.  Plastic Waste recycling

The ongoing growth of the PET industry, especially in Asia and Africa, is boosting the demand for recycling solutions for PET waste. “We offer the right systems for specific requirements, including for direct food contact,” says James Qiu, General Manager at EREMA Shanghai. The central element is the tried-and-tested VACUREMA® technology, which the international machine manufacturer launched 25 years ago and has been continuously developing ever since. Over 400 PET systems for food grade are in operation worldwide using various technologies such as VACUREMA® Basic, Advanced, Prime, MPR, and VACUNITE®, notching up a total capacity of more than four million tonnes per year. In the last three years alone, EREMA has delivered 100 systems for the bottle market. Almost 60 percent of these are bottle-to-bottle solutions. The rest are divided between bottle-to-sheet, PET strapping and the bottle-to-fibre segment, which is going from strength to strength.  Plastic Waste recycling

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Plastic Waste recycling

Polykemi’s subsidiary, Rondo Plast, has invested close to €1 million in new plastic recycling equipment, marking a significant expansion in their recycling capabilities

The investment includes the acquisition of a plastic compactor and a cutting machine, boosting the facility’s processing capacity by 4,000 tonnes annually. With this upgrade, Rondo Plast can now efficiently process a broader range of low-density materials in various forms.

The newly acquired machinery is equipped to handle fibers, ropes, non-woven textiles like diapers, as well as dust and shavings composed of PA6, PA66, PBT, PC, and PP, as confirmed by Patrik Lindqvist, strategic purchaser at Rondo Plast. Particularly, the cutting machine enables the processing of longer or entangled pieces, such as polyamide fibers from clothing or carpet manufacturing.  Plastic Waste recycling

Lindqvist emphasized the significance of this advancement, highlighting that previously disregarded materials like combustible waste can now be repurposed into high-quality recycled plastic compounds, contributing to sustainable production practices.

Rondo Plast’s Ystad facility now boasts an upgraded recycling capacity ranging between 25,000 and 30,000 tonnes annually, depending on the polymer processed, as detailed by Lindqvist. Plastic Waste recycling

This expansion is particularly notable amid a backdrop of declining production capacities and closures among European plastic recyclers, attributed to reduced demand, soaring energy costs, and challenges in competing with imported feedstock.

Plastic Waste recycling

Triple success in Australia’s circular plastic initiatives sees Circular Plastics Australia (PET) partnering with Amut for their recycling endeavors in Albury and Melbourne

Amut’s selection comes as a strategic move by the joint venture between Pact Group, Cleanaway Waste Management, Asahi Beverages, and Coca-Cola Europacific Partners (CCEP).

In Melbourne, Amut also collaborates with the Circular Plastics Australia (PE) joint venture for the “Choir” project, targeting HDPE and PP recycling. These projects implement custom-engineered sorting and washing systems to establish a closed-loop cycle for bottles, promoting reuse and sustainability.  Plastic Waste recycling

The Duet recycling line, operational since 2022, surpasses its initial output target, now reaching 4,000 kg/h from the initial 3,400 kg/h. Amut’s Symphony project, celebrated in the presence of notable governmental figures, represents a significant stride in plastic recycling in Victoria. With approval for the Choir project secured, Amut reinforces its commitment to advancing recycling technology.

Symphony’s facility boasts state-of-the-art equipment capable of annually converting billions of PET beverage bottles into high-value food-grade PET pellets. The plant also processes low-viscosity PET tubs and trays, expanding its recycling capabilities.

Amut’s washing lines employ advanced technical solutions to ensure the purity of final PET flakes, reducing operational costs through efficient power, water, and chemical consumption. These advancements signify a positive shift towards sustainable plastic management in Australia.  Plastic Waste recycling

Plastic Waste recycling

Irish agribusiness group ClonBio to invest $500m in US biorefinery

Announcement just one of a number made during Enterprise Ireland’s programme of events in the US for St Patrick’s Day

Irish agribusiness group ClonBio is to invest $500 million (€457 million) in a US biorefinery in a move expected to support more than 1,000 jobs.

ClonBio earns revenues of about €400 million a year making proteins, animal feed, biofuel, ethanol and alcohol from grain in Europe and the US, and renewable gas at a plant in Co Kildare.

In a statement on Monday, it said it was planning a “dramatic increase” in its investment in a “formerly mothballed biorefinery” it acquired in Jefferson, Wisconsin in mid-2022.

The planned half-billion dollar cumulative investment will support more than 1,000 local jobs and support grain farmer incomes and the state economy “for decades to come”, the group said.

The announcement was just one of a number made during Enterprise Ireland’s programme of business events in the US for St Patrick’s Day.

ClonBio contracted to purchase a mothballed ethanol plant in Wisconsin several months prior to the passage of US president Joe Biden’s Inflation Reduction Act.

Irish agribusiness group ClonBio to invest $500m in US biorefinery

Application of dissolution to recycle ABS plastics in a circular way

Developing technologies for a circular future is at the heart of our sustainability strategy at TNO. It’s the reason we’ve set ourselves a goal to produce half of all plastics circularly by 2030 – and we’re working towards that target in many different ways. To accelerate implementation, we are currently working with ABS producer ELIX Polymers where we are exploring the applicability of the process for recycling ABS polymers (Acrylonitrile, Butadiene, Styrene) derived from end-of-life electronics.  Plastic Waste recycling

One area of innovation is plastics recycling technologies. Improving recycling processes is key to addressing the alarming growth of plastic waste. Furthermore it will lower our dependence on oil to produce plastics, and reduce unacceptable levels of CO2 emissions – and we’ve already made exciting developments.

The crux of the dissolution process

With dissolution, a physical recycling technology that utilises solvents to dissolve post-consumer plastics, polymers can be recovered that are of superior quality than the recyclate from mechanical recycling.  Plastic Waste recycling

At the same time it has a higher material efficiency and requires less energy than chemical recycling. Put simply, it’s because the polymer remains intact throughout the process, rather than being broken down into monomers at high temperatures.

The topic has long been an area of exploration for TNO Senior Scientist, Mark Roelands. An expert in process integration, separation technologies and solvent-based plastics recycling.

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Application of dissolution to recycle ABS plastics in a circular way

Busch Strengthens Autoclave Solutions Following Acquisition

Busch (UK) Ltd. has integrated the autoclave solutions from Vacuum Furnace Engineering (VFE) into its brand. This broadens Busch’s offerings to encompass all equipment and services required for autoclaves, ovens, and composite manufacturing.

Existing VFE customers will experience no change in personnel, as the Poole Autoclave Solutions Centre remains operational under Busch. Similarly, the Halesowen facility continues to specialize in vacuum furnaces.  Plastic Waste recycling

Busch positions itself as a comprehensive solution provider for autoclave needs, supporting all brands. Their offerings include new and upgraded equipment like autoclaves, ovens, cooling systems, and control systems. Notably, their in-house, customizable AMCS (autoclave management and control system) allows remote monitoring and global support. This enhanced portfolio caters to diverse needs in the composite manufacturing industry.

Busch Strengthens Autoclave Solutions Following Acquisition

LyondellBasell invests in catalysts in Italy

LyondellBasell is expanding its investment in catalysts at the Ferrara site in Italy, particularly in the production of catalysis systems for polyolefins, in response to escalating market demands. This initiative marks a significant step, occurring 70 years after Giulio Natta’s groundbreaking discovery of polypropylene. The expansion project at one of the plants is slated for completion by the latter half of 2025.

The surge in catalyst demand parallels the global uptick in plastic consumption, particularly in emerging economies, and the increased production of polyolefins through LyondellBasell-licensed technologies worldwide. Plastic Waste recycling

Corrado Rotini, Ferrara Site Manager of Basell Poliolefine Italia, emphasizes that this investment aims to ensure catalyst availability for clients utilizing their licensed technology worldwide, solidifying their position as the leading catalyst supplier for polymer production globally. Additionally, Rotini underscores the strategic significance of the Ferrara site within the group for pioneering innovative technological solutions and next-generation catalysts.

The Ferrara site boasts production facilities and the Giulio Natta Research Center, where polypropylene was first produced, featuring the catalysis system discovered by Nobel laureate Giulio Natta on March 11, 1954. Leveraging Spheripol and Catalloy technologies, the Emilian hub manufactures both catalysts and polymers. Furthermore, it hosts a pilot plant employing MoReTec technology for chemical recycling, enriching its petrochemical complex capabilities.  Plastic Waste recycling

LyondellBasell invests in catalysts in Italy

PET waste recovery – Pyrum Innovations AG and GreenTech Recycling Tires AB have set their sights on Sweden for their latest venture: a state-of-the-art recycling plant 12-03-2024

Plastic Waste recycling

PET waste recovery – Pyrum Innovations AG and GreenTech Recycling Tires AB have set their sights on Sweden for their latest venture: a state-of-the-art recycling plant 12-03-2024

PET waste recovery

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Amut, the renowned Italian manufacturer of extrusion and recycling plants headquartered in Novara, is actively engaged in initiatives aimed at PET recovery across Latin America

Their latest endeavors involve the establishment of three cutting-edge recycling facilities in Peru, Colombia, and Guatemala.

In Lima, Peru, Amut has successfully completed the installation and activation of the initial line, boasting a substantial capacity of 6,000 kg/h. This facility, situated within the region’s largest plastic recycling plant, caters specifically to the production requirements of rPET bottles, meeting the demands of the market effectively.

Meanwhile, in Guatemala City, Central America, a comprehensive sorting and washing solution with a capacity of 3,000 kg/h is currently under construction. Simultaneously, in Bogota, Colombia, progress is well underway for a comparable line with an equivalent capacity. PET waste recovery

The innovative lines supplied by Amut represent a fusion of superior production capacity and impeccable flake quality. This combination renders them ideal for closed-loop applications, particularly in bottle-to-bottle recycling scenarios where the rPET resin necessitates subsequent regrading processes.

Amut’s commitment to revolutionizing recycling practices in Latin America underscores its dedication to sustainability and environmental stewardship on a global scale. Through these strategic endeavors, the company aims to significantly contribute to the advancement of PET waste recovery in the region, fostering a more eco-conscious and circular approach to plastics management.  PET waste recovery

PET waste recovery

Pyrum Innovations AG and GreenTech Recycling Tires AB have set their sights on Sweden for their latest venture: a state-of-the-art recycling plant

The two companies have inked a contract to spearhead the development of a groundbreaking facility capable of handling 20,000 tonnes of end-of-life tires annually. This strategic move not only marks Pyrum’s pivotal entry into the Scandinavian market but also signifies a significant milestone for GreenTech in its tire recycling endeavors.

The groundwork for this ambitious project has already been laid, with the formalization of a consulting agreement between GreenTech Recycling Tires AB and Pyrum Innovations AG. Under this agreement, Pyrum will contribute up to EUR 3 million to the Special Purpose Vehicle (SPV), contingent upon GreenTech securing full financing. Negotiations are underway to secure the necessary funding, while GreenTech has secured a suitable site in Billingsfors, Sweden, and initiated discussions with tire suppliers. PET waste recovery

Anticipated to commence operations in 2027, the plant will utilize Pyrum’s cutting-edge pyrolysis technology to recycle end-of-life tires efficiently. Pascal Klein, CEO of Pyrum Innovations AG, expressed his enthusiasm for the collaboration, highlighting its significance in penetrating the Scandinavian market.

Per-Olov Lindgren, Chairman of the Board of GreenTech Recycling Tires AB, emphasized the ecological importance of their partnership with Pyrum, emphasizing their commitment to a circular economy. With plans in place for tire-to-tire recycling, as well as the production of plastics and steel products, GreenTech aims to close the loop on tire waste.

This venture marks Pyrum’s third contractual agreement for constructing a recycling plant, in addition to projects in Greece and the Czech Republic, cementing its position as a leader in tire recycling technology.  PET waste recovery

PET waste recovery

Indonesia withdraws import mandate for key PE, PP

The Indonesian trade ministry has withdrawn the enforcement of a mandatory import quota for most polyethylene (PE) and polypropylene (PP) grades, along with polystyrene, polyethylene terephthalate and monoethylene glycol, which was previously expected to take effect on 10 March.

The official announcement was made on 6 March and supported with a decree released today, seen by Argus. Market participants have waited for an official statement following a semi-official announcement by the trade ministry on 29 February.

Imports of PP co-polymers will still require an import quota, which has been in force for years. The latest requirement of an additional surveyor report from 10 March has also been withdrawn.  PET waste recovery

The trade ministry announced on 11 December that domestic PE and PP importers will need to apply for specific quotas to be able to import polymer resins from 10 March, or risk cargoes being rejected during customs clearance.

Indonesia’s PE and PP import dependency and the short-notice enforcement have led to objections by local and international associations, with disrupted resin supplies likely to cause a significant impact on the production and competitiveness of finished plastics. The enforcement was earlier expected to be delayed possibly by at least three months, based on local associations’ appeal requests to the trade ministry. PET waste recovery

PET waste recovery

Texcyle Adopts Sustainability With Bio-Elastane In The Socks Industry

Texcyle, a pioneering Indian sock supplier, officially launches into the global market, proudly introducing the first-ever use of Bio-Elastane in the production of socks. Founded in 2023 by Raunak Hasnani, an ambitious entrepreneur with a passion for revolutionising the sock industry, Texcyle is committed to producing 100% organic socks and partnering with brands dedicated to sustainable and ethical practices.

Texcyle’s mission goes beyond just providing socks; it aims to eliminate greenwashing claims in the fashion industry by offering a transparent and eco-friendly manufacturing process. The company’s unique selling point lies in its dedication to a low carbon footprint, top-notch quality, and customization services.  PET waste recovery

The socks produced by Texcyle are crafted from a combination of Organic Cotton, Recycled Polyester, and revolutionary Bio-Elastane, making them pioneers of low carbon footprint socks. The company ensures a sustainable manufacturing process from start to end by sourcing ethical and certified materials. Texcyle has also taken a bold step towards sustainability by eliminating all virgin plastic packaging for shipping and distribution, replacing it with eco-friendly alternatives such as recycled paper, cotton, and compostable plastic.

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Texcyle Adopts Sustainability With Bio-Elastane In The Socks Industry

TotalEnergies and Sulapac to offer packaging for cosmetics industry

Sulapac will be incorporating TotalEnergies’ recycled biodegradable biopolymers into cosmetic packaging.

TotalEnergies Crbion has entered into a strategic alliance with Finland-based company Sulapac to advance the use of recycled and biodegradable materials in cosmetic packaging.

This collaboration aims to drive sustainable innovation by offering eco-friendly packaging solutions without compromising on quality.

The two companies intend to address the industry’s dilemma of choosing between biobased, biodegradable materials and recycled alternatives by offering Luminy polylactic acid (PLA) bioplastics technology.  PET waste recovery

Developed by TotalEnergies Corbion, Luminy is a range of specially developed PLA polymer resins derived from renewable resources.

The company offers its Luminy PLA portfolio, comprising both high heat and standard PLA grades, for various industries, from packaging to consumer goods.

Sulapac will be incorporating TotalEnergies Corbion’s recycled biodegradable biopolymers into specific material grades, facilitating the integration of sustainable elements into cosmetic packaging.  PET waste recovery

Additionally, Sulapac plans to support the recycling initiative by collecting and supplying waste materials to TotalEnergies Corbion and promoting a circular economy system.

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TotalEnergies and Sulapac to offer packaging for cosmetics industry

Current market study forecasts annual growth of 17 % for bio-based polymers between 2023 and 2028

Demand from Asia and the USA in particular is driving growth, Europe is lagging behind.

Current market study forecasts annual growth of 17 % for bio-based polymers between 2023 and 2028. Demand from Asia and the USA in particular is driving growth, Europe is lagging behind.  PET waste recovery

New report released on the global bio‑based polymer market 2023 – a deep and comprehensive insight into a dynamically growing market

The year 2023 was a promising year for bio‑based polymers: PLA capacities have been increased by almost 50 %, and at the same time polyamide capacities are steadily increasing, as well as epoxy resin production. Capacities for 100 % bio-based PE have been expanded and PE and PP made from bio‑based naphtha are being further established with growing volumes. Current and future expansions for PHAs are still on the horizon. After hinting at a comeback in 2022 bio-based PET production dropped in 2023 by 50 %.

In 2023, the total production volume of bio‑based polymers was 4.4 million tonnes, which is 1 % of the total production volume of fossil‑based polymers. PET waste recovery

The CAGR of bio-based polymers is, with 17 %, significantly higher than the overall growth of the polymer market (2–3 %) – this is expected to continue until 2028 (Figure 1).

The new market and trend report “Bio‑based Building Blocks and Polymers – Global Capacities, Production and Trends 2023–2028”, written by international biopolymer expert group of the nova-Institute, shows capacities and contains production data for 17 commercially available, bio‑based polymers in the year 2023 and a forecast for 2028.

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Current market study forecasts annual growth of 17 % for bio-based polymers between 2023 and 2028

Homeboy Threads and TOMRA demonstrate textiles sorting unit to policymakers, fashion brands

TOMRA whitepaper highlights current state of textile recycling and strategies for a circular value chain

Homeboy Threads, the California Product Stewardship Council, the City of Los Angeles Sanitation and Environment Department (LASAN), and TOMRA have hosted an event in the City of Commerce, California, where they were joined by environmental advocates, fashion brands, and policymakers who are working to build circular economy partnerships in Los Angeles, create quality jobs, and reduce the harmful impact of textile waste.

In 2022, a Textile Recovery Pilot Report found that every year, more than 70,000 tons of commercially generated textile waste ends up in Los Angeles area landfills.

The event included demonstrations of a TOMRA Recycling unit that relies on sensor technology to sort textiles by fibre and colour at high volumes. PET waste recovery

In collaboration with textile recycling partners like Homeboy Threads, the TOMRA Recycling unit presents a solution to an otherwise labour-intensive process required to sort textiles by fibre type. By providing pure cotton material to emerging fibre-to-fibre recyclers and clothing manufacturers, the unit has the potential to change the apparel industries’ current take, make, and waste chain, and create a closed-loop textile waste recycling model that protects the environment.  PET waste recovery

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Homeboy Threads and TOMRA demonstrate textiles sorting unit to policymakers, fashion brands

Polymers prices – PET bottles banned? the environment doesn’t always thank you 11-03-2024

PET waste recovery

Recycled polyester textiles – Malaysian 2024 biofuel output could rise if B20 biodiesel usage expanded 11-03-2024

Recycled polyester textiles

Polymers prices – PET bottles banned? the environment doesn’t always thank you

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Recycled polyester textiles

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Monterey Mushrooms unveils rPET with NIR Sortable Colorant

Monterey Mushrooms is championing sustainability by introducing a significant enhancement to its mushroom packaging this Spring. By incorporating near-infrared (NIR) sortable material into their recycled Polyethylene Terephthalate (rPET) thermoformed tills, the company is taking strides towards a more recyclable future.

These rPET tills are manufactured using 100% post-consumer recycled materials, sourced entirely from North America, thereby reducing plastic waste in landfills and contributing to a circular economy. The use of NIR sortable colorant ensures effective sorting and recycling of the packaging into new products. Recycled polyester textiles

PET and PETE, both abbreviations for Polyethylene Terephthalate, are commonly used plastics denoted by recycling number 1. However, rPET stands out by virtue of its recycled content, denoted by the ‘r’. This recycled material grants a new lease of life to mixed-color PET materials, potentially offering long-term cost advantages over alternatives like clear rPET.

Through this initiative, Monterey Mushrooms not only fosters sustainability within the mushroom industry but also sets a precedent for other sectors to embrace eco-friendly packaging solutions.

By prioritizing recyclability and incorporating innovative materials, they pave the way for a greener, more environmentally conscious future.  Recycled polyester textiles

Recycled polyester textiles

H&M, Vargas Holding launch Syre: scaling recycled polyester textiles

H&M Group and Vargas Holding have joined forces to launch Syre, a new venture aimed at scaling textile-to-textile recycling of polyester.

Backed by TPG Rise Climate, the venture seeks to accelerate the adoption of recycled polyester in the textile industry, fostering sustainability.

H&M Group has secured a substantial USD 600 million offtake agreement with Syre over seven years, fulfilling a significant portion of its long-term demand for recycled polyester. This move is pivotal as it shifts focus from traditional bottle-to-textile recycling to a closed-loop alternative, reducing reliance on virgin polyester.  Recycled polyester textiles

CEO Daniel Ervér emphasizes the importance of Syre in H&M Group’s journey towards circularity, urging industry-wide participation in driving sustainability.

Additionally, H&M Group has bolstered its commitment to recycled materials, targeting 30 percent by 2025 and aiming for 50 percent by 2030, aligning with its broader goal of achieving 100 percent recycled or sustainably sourced materials by 2030.

This strategic shift reflects H&M Group’s dedication to decoupling growth from virgin resource consumption, marking a significant step towards a more sustainable future.

Recycled polyester textiles

Malaysian 2024 biofuel output could rise if B20 biodiesel usage expanded

Hydrocarbonprocessing predicts Malaysia’s biodiesel production could reach 1.8 million metric tons (MMt) in 2024 with the expansion of the B20 biodiesel program by the government. Currently, Malaysia has initiated a phased rollout of the B20 program, mandating a 20% blend of palm-based biodiesel with diesel for transportation, with most regions implementing a B10 program.  Recycled polyester textiles

According to MBA president U.R. Unnithan, the acceleration of blending facilities could facilitate the transition to B20, albeit with considerations of time and cost for nationwide implementation. The group has proposed expanding the program to the government, aiming for implementation in the latter half of the year, pending discussions with stakeholders.

Since its introduction in 2020, the nationwide 20% palm-based biodiesel blending program has faced obstacles due to the COVID-19 pandemic and governmental changes. Plans to extend the B10 program to the industrial sector and mandate a 30% palm oil blend by 2025 are under consideration.  Recycled polyester textiles

Malaysia exported approximately 300,000 tons of biodiesel in the previous year, with domestic consumption standing at around 1.1 MMt. Unnithan cautions that potential revisions in price controls and fuel subsidies by the government could impact domestic biodiesel demand negatively.

Malaysian 2024 biofuel output could rise if B20 biodiesel usage expanded

Indorama Ventures, Thai petrochem firm, plans asset sale, IPO

Thailand’s Indorama Ventures, a leading petrochemical firm, is set to divest assets and pursue organic growth by listing its businesses, according to founder and CEO Aloke Lohia. Facing industry shifts post-pandemic, the company aims to boost its EBITDA to $2.1 billion by 2026, prioritizing organic expansion over debt-driven acquisitions.

Acknowledging recent financial challenges, including a $310 million loss in 2023, Lohia emphasizes a strategic shift towards reducing debt by $2.5 billion and selling $1.3 billion worth of non-core assets, particularly in Europe. Additionally, Indorama Ventures plans to list certain segments, potentially raising $1 billion in funds. Lohia suggests listing the integrated oxides and derivatives business in the West and the packaging business in India or elsewhere in Asia.  Recycled polyester textiles

Since its establishment in 1994, Indorama Ventures has grown through 50 acquisitions, totaling a $10.9 billion enterprise value. With over 140 facilities across 35 countries, the company specializes in polyethylene terephthalate (PET) production for plastic bottles and integrated oxides and derivatives (IODs) used in personal care and agriculture.

Forbes ranks Lohia, an India-born entrepreneur, as Thailand’s 17th richest, with a net worth of $1.96 billion. As Indorama Ventures adapts to evolving market dynamics, its strategic focus on organic growth and asset optimization underscores its commitment to long-term sustainability and profitability. Recycled polyester textiles

Indorama Ventures, Thai petrochem firm, plans asset sale, IPO

Amazon invests in ai-powered sorting technology for MRS

MRF robotics company Glacier has raised $7.7m in funding from Amazon and other investors to refine AI-enabled sorting technology able to identify ‘novel packaging materials’.

Glacier, a US-based robotics sorting company, has announced that it has raised $7.7 million in funding from a combination of investors including Amazon’s Climate Pledge Fund, New Enterprise Associates and other venture capitalists. Glacier plans to allocate a significant amount of the investment towards the development of low-cost, high-performance AI-enabled robotics, which streamline the sorting of the recyclable materials and gather real-time data on the waste streams.  Recycled polyester textiles

AI systems for recycling

Amazon is hoping to use the data gleaned from the technology to reveal actionable insights about packaging’s end-of-life journey that can be fed back to its supply chain and help the retail giant meet its Climate Pledge Fund goals. Packaging suppliers would use the information to design more recoverable packaging formats to deliver higher volumes and higher quality of post consumer recycled (PCR) packaging materials, leading the way to greater circularity. And, Amazon is as much a consumer of PCR packaging material as it is a supplier – higher volumes would reduce the costs associated with PCR, to the point at which it may even become competitive with virgin materials. Higher quality would unlock a greater range of uses.  Recycled polyester textiles

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Amazon invests in ai-powered sorting technology for MRS

Global EV battery companies to unveil tech at Seoul’s ‘InterBattery’ expo

The InterBattery exhibition in Seoul, held from March 6 to March 8, will feature 579 electric vehicle (EV) battery companies from 18 countries. Hosted at the COEX Convention & Exhibition Center in Seoul’s Gangnam District, renowned for its fashion and finance, the event will showcase cutting-edge battery-related technologies and products.

Organized by the Ministry of Trade, Industry, and Energy, InterBattery stands as one of South Korea’s premier battery exhibitions. This year, it anticipates over 75,000 attendees, surpassing the 60,000 visitors in 2023.  Recycled polyester textiles

Leading South Korean battery manufacturers will unveil their latest innovations. Samsung SDI will present its solid-state battery mass production roadmap, promising higher energy density and faster charging. Additionally, Samsung will showcase its rapid charging technology, capable of reaching 80% capacity in nine minutes.

LG Energy Solution will highlight its cell-to-pack (CTP) technology, eliminating the need for intermediate modules, thereby enhancing pack energy density and cost-effectiveness.

Domestic exhibitors include SK On, SK Group’s battery arm, and Dongwon Systems, Dongwon Group’s packaging solutions developer. COEX President Lee Dong-ki expressed hopes for InterBattery to serve as a global platform for South Korea’s battery industry, reinforcing its position in the global secondary battery market.  Recycled polyester textiles

Global EV battery companies to unveil tech at Seoul's 'InterBattery' expo

 

Polymers prices – PET bottles banned? the environment doesn’t always thank you 11-03-2024

Polymers prices

Polymers prices

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 
  • Colourless flake prices hit same levels as virgin PET

Polymers prices

Polyestertime
ITEM 04/03/2024 11/03/2024 +/-
Bottle grade PET chips domestic market 7,100 yuan/ton 7,025 yuan/ton -75
Bottle grade PET chips export market 905 $/ton 895 $/ton -10
Filament grade Semidull chips domestic market 6,920 yuan/ton 6,830 yuan/ton -90
Filament grade Bright chips domestic market 6,930 yuan/ton 6,850 yuan/ton -80
Pure Terephthalic Acid PTA domestic market 5,920 yuan/ton 5,760 yuan/ton -160
Pure Terephthalic Acid PTA export market 735 $/ton 700 $/ton -35
Monoethyleneglycol MEG domestic market 4,550 yuan/ton 4,565 yuan/ton
+15
Monoethyleneglycol MEG export market 535 $/ton 537 $/ton +2
Paraxylene PX FOB  Taiwan market 1,026 $/ton 1,003 $/ton
-23
Paraxylene PX FOB  Korea market 1,004 $/ton 981 $/ton -23
Paraxylene PX FOB EU market 1,130 $/7on 1,150 $/ton +20
Polyester filament POY 150D/48F domestic market 7,875  yuan/ton 7,750 yuan/ton
-125
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,100 yuan/ton 9,075 yuan/ton -25
Polyester filament FDY 68D24F 9,200 yuan/ton 9,100 yuan/ton -100
Polyester filament FDY 150D/96F domestic market

Polymers prices

8,480 yuan/ton 8,350 yuan/ton -130
Polyester staple fiber 1.4D 38mm domestic market 7,400 yuan/ton 7,320 yuan/ton -80
Caprolactam CPL domestic market 13,400 yuan/ton 12,900 yuan/ton
-500
Caprolactam CPL overseas  market 1,700 $/ton 1,700 $/ton
Nylon 6 chips overseas  market 1,975 $/ton 1,975 $/ton
Nylon 6 chips conventional spinning domestic  market 14,500 yuan/ton 14,150  yuan/ton -350
Nylon 6 chips  high speed spinning domestic  market 15,100 yuan/ton 14,850 yuan/ton -250
Nylon 6.6 chips domestic  market

Polymers prices

22,000 yuan/ton 22,000 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,300 yuan/ton 17,000 yuan/ton -300
Nylon6 Filament DTY 70D/24F domestic  market 19,500 yuan/ton 19,200 yuan/ton- -300
Nylon6 Filament FDY  70D/24F  18,500 yuan/ton 18,350 yuan/ton -150
Spandex 20D  domestic  marke 34,400 yuan/ton 34,400 yuan/ton
Spandex 30D  domestic  market 32,900 yuan/ton 32,900 yuan/ton
Spandex 40D  domestic  market  29,900 yuan/ton 29,900 yuan/ton
Adipic Acid domestic market

Polymers prices

10,000 yuan/ton 9,750 yuan/ton -250
Benzene domestic market 8,400 yuan/ton 8,600 yuan/ton +200
Benzene overseas  market 996 $/ton 1,024 $/ton +28
Ethylene South East market 1,010 $/ton 1,010 $/ton
Ethylene NWE market CIF 952 $/ton 929 $/ton -23
Acrylonitrile ACN  domestic market 9,600 yuan/ton 9,700 yuan/ton +100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

Polymers prices

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,400 yuan/ton 13,400 yuan/ton
PP Powder domestic market 7,100 yuan/ton 7,100 yuan/ton
Naphtha overseas market  688 $/ton 701 $/ton +13
Phenol domestic market 7,660 yuan/ton 7,640 yuan/ton -20

r-PET high end eco-friendly chips =8,350 yuan/ton 8,350 yuan/ton   –

Polymers prices

PET bottles banned? the environment doesn’t always thank you

The decision to ban or replace materials should ideally be preceded by thorough product life cycle analyses (LCAs) to assess the actual environmental impact. In hindsight, these analyses can only gauge the success or failure of such initiatives and potentially inform future decisions. An example of this is the ban on PET bottles at San Francisco airport in 2019, which prompted scrutiny due to its purported environmental benefits. However, a recent LCA study conducted in the United States challenges this notion, revealing unexpected consequences.

Commissioned by Napcor, a US association advocating for the producers of PET packaging, the study conducted by Franklin Associates compared the environmental impact of plastic bottles versus aluminum cans.  Polymers prices

The research focused on the replacement of approximately 9,000 PET bottles of water sold daily at the airport with aluminum cans. Surprisingly, the findings indicated that since the implementation of the ban, there has been an additional emission of 1,100 metric tonnes of CO2 equivalent compared to the pre-ban scenario.

Contrary to popular belief, the study highlighted the environmental advantages of PET bottles over aluminum cans. PET bottles were found to consume 80% less energy during production, generate 80% less solid waste, utilize 53% less water, and exhibit a 74% lower global warming potential compared to aluminum cans. Additionally, PET bottles produced significantly fewer emissions contributing to acid rain and smog, ranging between 68% to 83% less than aluminum cans.  Polymers prices

Laura Stewart, director of Napcor, emphasized the significance of PET bottles as the environmentally superior choice among beverage containers. She expressed concern over the unintended consequences of plastic bans and advocated for investing in and supporting the proper recycling of PET bottles instead of outright prohibition. Stewart pointed out that large establishments like San Francisco airport, equipped with recycling infrastructure, could make a more positive impact on the environment by promoting PET bottle recycling rather than banning them.

The implications of this study extend beyond PET bottles, challenging the efficacy of blanket plastic bans. Another recent study in the United States, which gained attention, revealed surprising outcomes following the ban on plastic bags in New Jersey. Contrary to expectations, the ban led to a threefold increase in plastic usage for the same purpose. These findings underscore the complexity of environmental policies and the importance of evidence-based decision-making.  Polymers prices

In conclusion, the decision to ban or replace materials should be informed by comprehensive LCAs to assess their true environmental impact. The case of PET bottles at San Francisco airport serves as a cautionary tale, highlighting the unintended consequences of such initiatives. Rather than imposing blanket bans, efforts should be directed towards promoting sustainable practices such as recycling, which can yield more positive outcomes for the environment.

PET bottles banned? the environment doesn't always thank you

Neste signs agreement with Mura in chemical recycling

Neste has entered into an agreement with Mura Technology to purchase feedstock derived from chemical recycling of heterogeneous plastic waste at the new Teesside plant in Northeast England (pictured), which was inaugurated at the end of last year and is expected to be operational by mid-this year.

Neste will process the raw products supplied by Mura, certified with ISCC Plus, into raw materials for the production of new plastics, replacing fossil ones. Polymers prices

The Finnish company joins the American group Dow, which had already secured a portion of the new plant’s capacity through an off-take agreement. Based on the HydroPRS (Hydrothermal Plastic Recycling Solution) process, the plant will be able to process up to 20,000 tons of heterogeneous plastic waste annually, including rigid and flexible types that are not otherwise recyclable.

The process employs supercritical steam – water, heat, and pressure – to convert plastic waste into naphtha, heavy oils, and distillates, which can be reused in cracking to produce new plastic materials.  Polymers prices

Neste signs agreement with Mura in chemical recycling

Cyclo olefin polymers – APR acknowledges Husky’s development in recyclable CSD barrier packaging 09-03-2024

Cyclo olefin polymers

Zeon Corporation has reached a significant milestone with the completion of its recycling plant for cyclo olefin polymers (COP) at the Takaoka Plant

This marks the company’s inaugural venture into recycling its own products, promising both innovation and sustainability. The new facility not only underscores Zeon’s commitment to advancing COP products but also aligns with its vision for a greener future by curbing CO2 emissions.

The completion ceremony, held on March 5 at the plant, was graced by 44 attendees, including dignitaries from Toyama Prefecture, Takaoka City, local councils, and construction personnel. Cyclo olefin polymers

Notable figures such as Zeon Chairman Kimiaki Tanaka, Corporate Officer and Takaoka Plant Manager Tomoyuki Kose, and other company officials were also present.

Initiated in the summer of 2022, the construction of the recycling plant is a response to the burgeoning demand for COP film, prized for its optical stability and low water absorbency. The plant will recycle waste resin generated during COP film processing, a feat previously challenging for conventional recycling methods to maintain quality, transparency, and purity.

Zeon’s pioneering technology has overcome these hurdles, ensuring recycled resin matches the original in quality. With plans to integrate the recycled resin into optical film production, Zeon anticipates meeting sustained market demand while championing environmental stewardship. This endeavor signifies Zeon’s stride towards circularity and sustainable practices in polymer manufacturing.  Cyclo olefin polymers

Cyclo olefin polymers

HD Hyundai Chemical, in collaboration with CJ CheilJedang Corp., is set to produce eco-friendly bio-naphtha and plastic products

The partnership, formalized through a memorandum of understanding, entails HD Hyundai Chemical receiving bio-raw materials, including soybean oil and waste cooking oil, from CJ CheilJedang for the production of 12,000 tons of eco-friendly plastic.

The companies have inked a business agreement to establish an eco-friendly bio-circular system at HD Hyundai Chemical’s headquarters in Daesan, South Chungcheong Province. This system will ensure a stable supply of bio-raw materials to HD Hyundai Chemical, which will utilize them to produce bio-naphtha. The resulting eco-friendly plastic will be supplied back to CJ CheilJedang for use in its home meal containers and packaging materials.  Cyclo olefin polymers

Initially, HD Hyundai Chemical plans to utilize 400 tons of bio-raw materials to produce the eco-friendly plastic, with the aim of reaching the 12,000-ton milestone by year-end. Notably, this endeavor marks a significant achievement as it secures International Sustainability and Carbon Certification (ISCC) for the entire process, from inputting bio-raw materials to producing bio-naphtha and plastic products.

This milestone reinforces the commitment of both companies to environmental sustainability, with ISCC certification serving as an international validation of their eco-friendly practices.  Cyclo olefin polymers

Cyclo olefin polymers

China Set to Lead Global PET Capacity Growth until 2028

In a trajectory set to reshape the global polyethylene terephthalate (PET) landscape, China emerges as the frontrunner, poised to dominate PET capacity additions by contributing an impressive 40% to the total growth expected from new plant constructions and expansion projects by the year 2028.

A closer inspection of the Chinese polyethylene terephthalate PET market reveals two pivotal projects set to significantly contribute to the anticipated surge in capacity. The first, an announced project, is the Zhejiang Petrochemical Daishan Polyethylene Terephthalate Plant 2, boasting a substantial capacity of 2 million tpy. Operated by Zhejiang Petrochemical, which holds a 100% stake, this project is strategically located in Zhejiang, China, with production slated to commence in 2026.  Cyclo olefin polymers

In tandem, the Hainan Yisheng Petrochemical Yangpu Polyethylene Terephthalate Plant is poised to add an extra 0.50 million tpy in capacity. Operated by Hainan Yisheng Petrochemical Co Ltd, with complete equity ownership, this plant is expected to commence operations in 2025 in Hainan, China.

The Zhejiang Petrochemical Daishan Polyethylene Terephthalate Plant 2 stands out as a flagship project in China’s pursuit of PET dominance. With a substantial capacity of 2 million tpy, this announced project is strategically positioned in Zhejiang, a key industrial hub. The choice of Zhejiang, known for its economic vibrancy and robust infrastructure, underscores the strategic planning behind China’s Polyethylene Terephthalate (PET) capacity expansion.  Cyclo olefin polymers

Zhejiang Petrochemical Co. Ltd’s complete ownership and operation of the plant further emphasize the country’s commitment to controlling its PET supply chain.

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Cyclo olefin polymers

Eastman has partnered with Dentis Group/Nord Pal Plast, a renowned mechanical recycler, to enhance feedstock for its upcoming facility in France

Through a long-term agreement, Dentis will supply 30,000 metric tons annually of rejected PET post-consumer waste from their sites in France, Spain, and Italy to Eastman. These materials, currently lacking circular solutions, will undergo recycling at Eastman’s molecular facility in Normandy.

Corrado Dentis, CEO of Dentis/Nord Pal Plast, emphasized the partnership’s role in reducing PET waste and complementing European plastic recycling efforts.

Brad Lich, Eastman’s EVP and CCO, highlighted the company’s commitment to collaboration and sustainability. The agreement secures over 70% of the feedstock for Eastman’s Normandy plant, including materials typically rejected by mechanical recyclers, reinforcing their dedication to sustainable solutions.  Cyclo olefin polymers

Eastman’s Normandy facility, slated to be the world’s largest material-to-material molecular recycling plant, will have the capacity to recycle more than 200,000 tonnes of hard-to-recycle polyester waste annually post-phase 1 and 2. This investment in France underscores Eastman’s commitment to circular economy principles and sustainable practices.

Eastman’s molecular recycling technologies break down hard-to-recycle waste into molecular building blocks, enabling the creation of first-quality materials without compromising performance.

This process ensures materials retain their value across multiple cycles, aligning with Eastman’s vision for a more sustainable future. Cyclo olefin polymers

Eastman has partnered with Dentis Group/Nord Pal Plast, a renowned mechanical recycler, to enhance feedstock for its upcoming facility in France

APR acknowledges Husky’s development in recyclable CSD barrier packaging

Husky’s collaboration with Mitsubishi Gas Chemical has advanced our fully recyclable Multi-Layer PET solution for small-format carbonated soft drinks (CSD), earning recognition from the American Association of Plastic Recyclers (APR) for integrating 3.3% MXD6. This surpasses our previous accreditation of 2.5% MXD6 from APR in 2020. Our ongoing development now extends the technology to various bottle sizes, meeting the demand for recyclable barrier packaging across different applications.  Cyclo olefin polymers

The APR’s recognition underscores our dedication to sustainability, empowering customers to optimize operations, enhance design circularity, and reduce costs.

Despite PET’s popularity for CSD packaging, its permeability poses shelf-life challenges for smaller formats, often leading to reliance on aluminum cans with their own drawbacks. Husky’s solution strikes a balance between performance and sustainability, accommodating bottles as light as 12 grams with up to 3.3% MXD6 integration.

Key features of our Multi-Layer package include Mitsubishi Gas Chemical’s M6000 series barrier material engineered for CO₂ retention, precise injection into bottle sidewalls, and full recyclability. This innovation reduces PET resin usage, offering cost savings without compromising performance. Husky’s Multi-Layer equipment utilizes high-precision co-injection technology, allowing for tailored functional material placement and maximizing production output while ensuring part quality. Cyclo olefin polymers

APR acknowledges Husky's development in recyclable CSD barrier packaging

South Korean companies develop tire using chemically recycled PET

The collaboration of SK Chemicals, Hyosung Advanced Materials and Hankook Tire has resulted in high-strength tire cords and tires designed for EVs.

To reduce carbon emissions, three South Korea-based companies say they have developed and commercialized the country’s first tire using chemically recycled polyethylene terephthalate (PET).

SK Chemicals, Hyosung Advanced Materials Co. Ltd. and Hankook Tire & Technology Co. Ltd. say they have successfully developed the electric vehicle- (EV-) exclusive tire, dubbed iON, by applying circular recycled PET fiber tire cords. Cyclo olefin polymers

The companies say circular recycling is an exclusive chemical recycling technology of SK that breaks down scrap plastics through chemical reactions into molecular units and then uses those raw materials to produce recycled plastics.

The three companies collaborated to develop the iON tire over a period of about two years. SK has supplied its SKYPET CR recycled PET, and Hyosung Advanced Materials developed the high-strength recycled PET-based tire cords using SKYPET CR as a raw material. The cords were applied to Hankook Tire’s premium EV tire brand, iON. The tire, with 45 percent sustainable material content, has recently passed reliability verification by a European automotive manufacturer, securing final approval for use and being mounted as tires for new vehicles, according to the companies. Cyclo olefin polymers

Hankook Tire is continuously conducting R&D (research and development) to use 100 percent-sustainable materials in all tires by 2050,” says Bonhee Ku, executive vice president and chief technology officer at Hankook Tire.

More…

South Korean companies develop tire using chemically recycled PET

China has reportedly approved the Stellantis-Leapmotor joint venture

China has granted approval for the Stellantis-Leapmotor joint venture, allowing Stellantis to manufacture and market Leapmotor electric vehicles (EVs) globally, except in China. The National Development and Reform Commission (NDRC) gave the green light for the venture, though regulatory clearance in other jurisdictions is pending.

Stellantis’ move to acquire a 21% stake in Leapmotor for $1.6 billion last October signaled its strategic reorientation towards China, the world’s largest automotive market. The subsequent announcement of the joint venture solidified its commitment to this market. Under the terms, Stellantis gains exclusive rights to produce, export, and distribute Leapmotor EVs outside China, marking a pioneering collaboration between a Western automaker and a Chinese EV manufacturer. Cyclo olefin polymers

With a majority ownership of 51% in the joint venture, Stellantis aims to leverage Leapmotor’s technology to develop competitive EV models globally. CEO Carlos Tavares hinted at potential manufacturing locations in Europe, North America, or other markets where affordable EVs are essential to rival Chinese manufacturers.

Neither Stellantis nor NDRC provided comments on the approval. Nevertheless, this milestone underscores the growing collaboration between international automotive players and Chinese EV innovators, shaping the future landscape of electric mobility.

China has reportedly approved the Stellantis-Leapmotor joint venture

Oxo-biodegradable Bottles -Planet Green Bottle Corp. is proud to unveil what it heralds as a groundbreaking innovation: the world’s premier oxo-biodegradable PET plastic bottle 08-03-2024

Cyclo olefin polymers

Oxo-biodegradable Bottles -Planet Green Bottle Corp. is proud to unveil what it heralds as a groundbreaking innovation: the world’s premier oxo-biodegradable PET plastic bottle 08-03-2024

Oxo-biodegradable Bottles

Crude Oil Prices Trend 

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Nexam Chemical’s Reactive Recycling has been confirmed for the recycling of PP

Nexam Chemical has validated its Reactive Recycling technology for recycling polypropylene (PP), addressing the decrease in molecular weight during the rPP process. This advancement, crucial for polymer circularity, repairs degraded polymers, enhancing sustainability. Supported by extensive research, the additives restore molecular weight and improve processability, particularly benefiting high-demand engineering sectors. A study by Politecnico di Torino confirms the effectiveness of Nexam Chemical’s additive in preventing molecular weight decrease and enhancing melt structuring in PP.

Dr Alberto Frache highlights its potential for achieving recycled PP with modulable flow characteristics and improved processability, promoting sustainability and resource efficiency. Oxo-biodegradable Bottles

Marketed as Reactive Recycling, these additives are suitable for both post-industrial and post-consumer mechanical recycling, maintaining recycled PP quality and supporting the transition to a circular economy. CEO Ronnie Törnqvist sees this as a significant milestone, enabling increased use of rPP in processes previously reliant on virgin material, such as foaming and blow molding. This contribution underscores Nexam Chemical’s commitment to advancing the global plastics recycling industry.

Oxo-biodegradable Bottles

Two recently uncovered substances with the ability to manipulate light

Two materials akin to graphene, rhenium disulfide and rhenium diselenide, have been uncovered by a research team led by Konstantin Novoselov, Nobel laureate in 2010 for graphene’s discovery, and Luis Martin-Moreno, from the University of Zaragoza, as published in Nature Communications. These materials, like graphene, consist of thin atomic layers, possessing unique properties that allow them to manipulate light-matter interaction in unprecedented ways. This breakthrough opens avenues for novel diagnostic techniques and heat-resistant materials, alongside potential applications in augmented reality devices.  Oxo-biodegradable Bottles

Valentyn Volkov, a study co-author and co-founder of XPanceo, a start-up specializing in advanced contact lenses for augmented reality, highlighted the materials’ promise in developing highly efficient biochemical sensors. Moreover, the simplicity of their production suggests broad industrial applications. Volkov anticipates significant cost reductions in hospital blood analysis equipment, potentially by several orders of magnitude, which could revolutionize early-stage detection of diseases such as cancer or Covid.

These materials represent a leap forward in harnessing light-matter interaction for practical applications. Their discovery paves the way for transformative advancements in various industries, promising more accessible and effective solutions for healthcare diagnostics and beyond. Oxo-biodegradable Bottles

Oxo-biodegradable Bottles

Analyzing the Advanced Recycling Sector

Research from nova-Institute investigates 127 technologies and the providers pushing advanced recycling forward.

  • More than 340 advanced recycling plants are installed or in planning stages worldwide
  • By 2027, Europe’s advanced recycling input capacity will more than triple, and global input capacity will double
  • Dissolution, solvolysis, pyrolysis, gasification, and enzymolysis technologies and providers come into focus  Oxo-biodegradable Bottles

An updated and expanded report on advanced recycling from nova-Institute, Hürth, Germany, explores technological advances, identifies key companies, and provides a view into the current state of advanced recycling in Europe and worldwide.

The report offers a structured overview of the advanced recycling landscape, defining the technologies and profiling providers of advanced recycling — particularly chemical recycling.

The report maps more than 340 planned and installed advanced recycling plants worldwide, with the majority in Europe; total input capacity is 1,477 kilotonnes/1,628 kilotons per year. Europe’s input capacity is expected to more than triple by 2027. Globally, input capacity is expected to double by 2027.  Oxo-biodegradable Bottles

On the output side, global production capacity for advanced recycling is 1,082 kilotonnes/1,182 kilotons per year. Products include polymers, monomers, naphtha, secondary valuable chemicals, fuels, and energy.

More

Oxo-biodegradable Bottles

Regenyx chemical recycling joint venture dissolved

Agilyx and Americas Styrenics (AmSty) have successfully demonstrated the viability of depolymerizing styrenic waste, achieving the objectives set for their joint venture, Regenyx, founded in 2019 in Tigard, Oregon. Consequently, they have decided to dissolve the 50/50 partnership. The closure of Regenyx marks the culmination of its five-year mission.

The decision’s implications regarding future commercial plant construction remain unclear. AmSty currently markets polystyrene derived from post-consumer waste, branded as PolyRenew, showcasing identical characteristics and performance to virgin polystyrene.

Tim Barnette, AmSty’s vice president of polymers and sustainability, expresses pride in the project’s success, affirming advanced polystyrene recycling’s feasibility and significance for the future.  Oxo-biodegradable Bottles

The Tigard demonstration plant, operating at a capacity of up to 10 tons per day, will cease operations by April 30, 2024, concurrent with the company’s liquidation. Over the five-year period, the venture has diverted 2,700 tonnes of styrenic-based plastic waste from landfills.

Russ Main, interim CEO of Agilyx, highlights the venture’s significance, noting its potential for future projects such as the upcoming Toyo Styrene plant in Japan. Additionally, Agilyx is engaged in the TruStyrenyx project with Ineos Styrolution, focused on establishing a chemical recycling plant for polystyrene waste through pyrolysis in Channahon, Illinois, USA. Regenyx chemical recycling joint venture dissolved

Planet Green Bottle Corp. is proud to unveil what it heralds as a groundbreaking innovation: the world’s premier oxo-biodegradable PET plastic bottle

In a series of meticulous presentations held in New York City, the company is showcasing this revolutionary product to esteemed brand owners and investment professionals.

This pioneering venture is made possible through a collaborative effort with Wells Plastics.

Patrick Rooney, the co-founder and director of corporate development at Planet Green, emphasizes the growing disdain towards plastic bottles among the public, driven by an increasing environmental consciousness.  Oxo-biodegradable Bottles

Highlighting recent bans on plastic water bottles by institutions like the University of Washington and Winnipeg, Rooney expresses optimism that the public perception of plastic can be reshaped with the introduction of biodegradable alternatives. He underscores the minimal environmental impact of PET plastic production, citing that a mere 10 tablespoons of oil are utilized per average barrel, and extols the significant fuel savings achieved through PET bottles compared to glass alternatives.

The company’s innovative “revertable” or oxo-biodegradable bottle marks a pivotal shift in the industry.  Oxo-biodegradable Bottles

Planet Green predicts that major beverage and water companies, which collectively distribute 75 percent of PET plastic bottles, will inevitably integrate oxo-biodegradability into their recycling strategies. Rooney reveals ongoing collaboration with one of these industry giants, indicating a proactive stance towards sustainability and environmental responsibility.

Planet Green Bottle Corp. is proud to unveil what it heralds as a groundbreaking innovation: the world's premier oxo-biodegradable PET plastic bottle

EuRIC, FEAD and NGOs back “polymer-only” allocation method for plastic from chemical recycling

In the coming weeks, the European Commission plans to adopt rules for calculating recycled content in plastics in an implementing decision of the Single-Use Plastics Directive (SUPD). Specifically, the Decision will govern how the use of output materials from chemical recycling in the production of new plastics is to be allocated and verified.

The Commission’s most recent draft discussed at the end of February would allow use of the “fuel-use-exempt” mass balance allocation model.

This model is favoured by the petrochemicals industry, but rejected by a coalition of industry associations and NGOs. Oxo-biodegradable Bottles

It consists of the European Waste Management Association (FEAD), the European Recycling Industries’ Confederation (EuRIC) as well as environmental groups such as Zero Waste Europe (ZWE), the European Environmental Bureau (EEB), the Environmental Coalition on Standards (ECOS) and the Minderoo Foundation as well as by the European Sustainable Business Federation Ecopreneur.

These organisations sent a joint letter to policy officers of the European Commission’s DG Environment last week urging them to consider amending the proposal’s allocation rules. They warned that a decision for the wrong methodology today would “have implications beyond its immediate scope”. Oxo-biodegradable Bottles

Current decisions were likely to shape future legislation such as the Packaging and Packaging Waste Regulation (PPWR), the Ecodesign for Sustainable Product Regulation (ESPR) and the End-of-life Vehicles (ELV) Regulation, they argued.

More…

EuRIC, FEAD and NGOs back "polymer-only” allocation method for plastic from chemical recycling

What’s new in Chemical Recycling Europe

Chemical Recycling Europe undergoes a significant transformation with a fresh logo and leadership shift. Lilla Mezriczky assumes the role of Director (Secretary General), steering the association dedicated to advancing chemical recycling of polymers in Europe. Founded in 2019, Chemical Recycling Europe collaborates with EU institutions and fosters relationships across the supply chain.

Simultaneously, the association unveils a revamped logo and a redesigned website (chemicalrecyclingeurope.eu).  Oxo-biodegradable Bottles

Mezriczky brings a wealth of management expertise from her tenure at various associations including MedPharmPlast Europe, Epse, PCE, and EuPC.

Headquartered in Brussels, Chemical Recycling Europe boasts 23 members and is currently led by Carlos Monreal, founder and CEO of Plastic Energy. Under its new leadership and refreshed identity, the association is poised to drive innovation and advocacy for chemical recycling initiatives in Europe.

What's new in Chemical Recycling Europe

Oxo-biodegradable Bottles

Sustainability technologies – South Korean companies develop tire using chemically recycled PET 07-03-2024

Sustainability technologies – South Korean companies develop tire using chemically recycled PET 07-03-2024

Sustainability technologies

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Maire is driven by sustainability technologies

Maire, the Italian engineering company, experienced a substantial surge in both revenues and margins, largely propelled by its Sustainable Technology Solutions (STS) division. In the fiscal year 2023, Maire’s revenues reached 4.3 billion euros, marking a 23% increase from 2022, with a gross operating margin (Ebitda) of 274.4 million euros, up by 31%, and a net result of 129.5 million euros, a 43% rise. New orders totaled 11.2 billion euros, boosting the backlog to 15 billion euros.

STS, encompassing NextChem, Myrechemical, and Myreplast, contributed significantly to this success, with revenues of 261.8 million euros, a 43% increase from 2022, and an Ebitda of 65.1 million euros, up by 84%. Throughout the year, STS secured nearly 300 million euros in new orders.  Sustainability technologies

Meanwhile, the Integrated E&C Solutions (IE&CS) division generated revenues of nearly 4 billion euros, a 22% increase, and an Ebitda of 209 million euros, up by 20%.

Maire unveiled its 2024-2033 strategic plan, anticipating revenues exceeding 10 billion euros and an Ebitda of approximately one billion euros by 2033. The company foresees significant growth in the first five years, particularly in volume, while profitability will be driven by technological advancements and high-value integrated projects. Over the next decade, Maire plans to invest over 1 billion euros, with a focus on expanding its technology portfolio and validating new solutions, primarily through selective acquisitions and internal R&D, especially within the STS division in the initial five years.  Sustainability technologies

Sustainability technologies

South Korean companies develop tire using chemically recycled PET

The collaboration of SK Chemicals, Hyosung Advanced Materials and Hankook Tire has resulted in high-strength tire cords and tires designed for EVs.

To reduce carbon emissions, three South Korea-based companies say they have developed and commercialized the country’s first tire using chemically recycled polyethylene terephthalate (PET).

SK Chemicals, Hyosung Advanced Materials Co. Ltd. and Hankook Tire & Technology Co. Ltd. say they have successfully developed the electric vehicle- (EV-) exclusive tire, dubbed iON, by applying circular recycled PET fiber tire cords. The companies say circular recycling is an exclusive chemical recycling technology of SK that breaks down scrap plastics through chemical reactions into molecular units and then uses those raw materials to produce recycled plastics.  Sustainability technologies

The three companies collaborated to develop the iON tire over a period of about two years. SK has supplied its SKYPET CR recycled PET, and Hyosung Advanced Materials developed the high-strength recycled PET-based tire cords using SKYPET CR as a raw material. The cords were applied to Hankook Tire’s premium EV tire brand, iON. The tire, with 45 percent sustainable material content, has recently passed reliability verification by a European automotive manufacturer, securing final approval for use and being mounted as tires for new vehicles, according to the companies.

Sustainability technologies

Bekaert, Toshiba partner to boost green hydrogen production with MEA technology

Bekaert and Toshiba Energy Systems and Solutions Corporation (“Toshiba”) have forged a global partnership aimed at accelerating the production of green hydrogen on a large scale.  Sustainability technologies

This collaboration includes a strategic cooperation agreement and a manufacturing technology license for Membrane Electrode Assemblies (MEA), a crucial component for Proton Exchange Membrane (PEM) electrolyzers. The partnership builds upon their recent collaboration efforts since signing an MoU in September 2023.

PEM electrolyzers split water into oxygen and hydrogen using electricity, with zero greenhouse gas emissions when powered by renewable energy. The catalyst in PEM anode electrodes relies heavily on iridium, a scarce metal.

Hence, reducing iridium content is a significant breakthrough for wider adoption of these technologies.  Sustainability technologies

Through this agreement, Bekaert’s expertise in Porous Transport Layers (PTL) will merge with Toshiba’s iridium-saving MEA technology, enabling a remarkable 90% reduction in iridium usage. This reduction will ensure a more stable MEA supply, fostering the expansion of green hydrogen production.

Bekaert will commercialize MEA production leveraging its global network and manufacturing base in Belgium. Toshiba will license its iridium-saving MEA technology to Bekaert while focusing on further enhancing technical performance.

The agreement covers global operations, except for Japan-related projects, which will be addressed separately.  Sustainability technologies

Inge Schildermans, Senior Vice-President of Bekaert’s Energy Transition business, expressed enthusiasm for partnering with Toshiba to industrialize and commercialize the innovative PEM MEA technology. Shigehiro Kawahara, Vice-President of Toshiba ESS, believes their collaboration will effectively meet the surging demand for green hydrogen and contribute significantly to realizing a green hydrogen society.

Sustainability technologies

ColossusTex introduces a groundbreaking graphene yarn to the market

ColossusTex, an Indian textile supply chain firm, has introduced an innovative graphene yarn with a host of remarkable features.

This new yarn exhibits a remarkable antibacterial efficacy of 99%, effectively eliminating odors and reducing the risk of skin ailments. Moreover, it incorporates far-infrared healthcare technology, fostering microcirculation on the skin’s surface, enhancing blood flow, and augmenting cellular metabolism. Sustainability technologies

Offered in various polymers such as Polyester Filament, Nylon Filament, and Cotton Nylon Blends, the Graphene Yarn provides versatile solutions for diverse applications.

Rohit Dev Sethi, Managing Director of ColossusTex, expressed his excitement about the product launch, emphasizing its pioneering nature and contribution to sustainability. He remarked, “ColossusTex’s Graphene Yarn represents a significant leap forward in innovation and sustainability. We are excited to introduce this groundbreaking product, which underscores our commitment to pushing boundaries.

These advancements reflect our dedication to future-proofing businesses, ensuring sustainability, and delivering substantial returns on investments through tailored and pioneering approaches.”  Sustainability technologies

ColossusTex introduces a groundbreaking graphene yarn to the market

Reliance partners with Elephant House, a top Sri Lankan brand

Reliance Consumer Products Limited (RCPL), a subsidiary of Reliance Retail Ventures Limited (RRVL), has entered a partnership with Sri Lanka’s Elephant House to produce, distribute, and sell Elephant House beverages in India. This collaboration expands RCPL’s beverage portfolio, including esteemed brands like Campa, Sosyo, and Raskik, offering Indian consumers new products and value.

Elephant House, owned by Ceylon Cold Stores PLC, a subsidiary of Sri Lanka’s John Keells Holdings PLC, produces a variety of beverages under its brand, including Necto, Cream Soda, and Ginger Beer. Sustainability technologies

Ketan Mody, COO of RCPL, expressed enthusiasm, citing Elephant House’s esteemed reputation and rich heritage. He highlighted the partnership’s goal of providing quality options to Indian consumers. Krishan Balendra, Chairperson of John Keells Group, echoed this sentiment, noting the significance of expanding into the Indian market and the commitment to offering high-quality beverages.

This partnership emphasizes both parties’ dedication to excellence and innovation, leveraging synergies to enhance market presence. RCPL aims to provide Indian consumers with a diverse portfolio of globally recognized brands and products of exceptional quality. The company’s FMCG portfolio includes renowned beverage brands like Campa and Sosyo Hajoori, confectionery lines such as Lotus Chocolates, and household staples under the Independence brand. Sustainability technologies

With a focus on multi-channel operations, RCPL is expanding its reach to diverse markets, solidifying its position in the industry.

Reliance partners with Elephant House, a top Sri Lankan brand

Many returned and unsold textiles end up destroyed in Europe

Textile consumption in Europe causes significant pressures on the environment and climate.

Part of these pressures comes from returned and unsold textiles that are destroyed and never used for their intended purpose. A new European Environment Agency (EEA) briefing looks at the issue and estimates the share of returned and unsold textiles that are destroyed in Europe and options to address this challenge.  Sustainability technologies

The EEA briefing ‘The destruction of returned and unsold textiles in Europe’s circular economy’ provides an overview of existing knowledge on returned and unsold textiles in Europe. The briefing is underpinned by a technical report by the EEA’s European Topic Centre on Circular Economy and Resource Use.

Although data is scattered, best available evidence suggests that around 4-9% of all textile products put on the European market are destroyed without ever being used for their intended purpose. According to the EEA briefing, processing and destructing returned or unsold textiles can be estimated to be responsible for up to 5.6 million tonnes of CO2-equivalent greenhouse gas emissions, a figure that is slightly lower than Sweden’s net emissions in 2021.  Sustainability technologies

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Many returned and unsold textiles end up destroyed in Europe

After Oronoco recycling center fire, are lithium-ion batteries a growing hazard?

The fire department spent six hours fighting the blaze and used 120,000 gallons of water, the equivalent of battling a structure fire in the middle of town

Jeremiah Watson sees some positives from the fire that broke out at his family-owned recycling center on Feb. 26.

No one was hurt. None of the business’ facilities or equipment was damaged. The wind pushed the fire in the most advantageous direction. And the fire occurred when workers were on site, not at night when a fire might have gone unnoticed for hours.

That said, a lot went wrong.  Sustainability technologies

The recycling center does not take lithium-ion batteries, which — despite no battery remains being recovered — both Watson and Pine Island Fire Chief Brandon Sather agree was the cause of the fire.

And the battery that did make its way into Watson Recycling on the south side of Oronoco, Minnesota, became damaged or stressed in a way that caused it to start the Monday morning blaze in the middle of a pile of scrap metal.

“It was a spontaneous event, which is typical of lithium-ion batteries when they start fires,” Watson said.  Sustainability technologies

A growing concern

These batteries, which are now showing up in more and more devices, tools and vehicles, are a growing concern for both public safety and environmental safety.

“Because those lithium-ion batteries are in everything, we need help from our customers,” Watson said. “If they know an item has a battery, we ask if they can remove that battery first.”

More…

After Oronoco recycling center fire, are lithium-ion batteries a growing hazard?

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

Sustainability technologies

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

More…

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.

More…

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

More…

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

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

rPET granules

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Catalysis R&D Agreement Between Maire and Polimi

Maire’s subsidiary NextChem and the Energy Department of Polytechnic University of Milan (Polimi) have inked a five-year pact focusing on crafting groundbreaking catalysts for eco-friendly chemistry and the shift towards sustainable energy. Spearheaded by Professor Isabella Nova, the collaboration delves into innovative catalyst research, process modeling, and reactor geometry.

NextChem, a part of the Italian Maire conglomerate, aims to fortify its role in the energy transition and sustainable chemistry domain through this alliance. rPET granules

Catalysts, pivotal in expediting chemical reactions by lowering activation energy barriers, hold paramount importance in this endeavor, constituting 90% of chemical processes.

This initiative not only underscores NextChem’s commitment but also seeks to harness the brightest minds via synergies between academia and industry. It builds upon existing collaborations, such as the Chemical Projects Engineering and Management chair established in 2017.

For Maire’s CEO Alessandro Bernini, this agreement signifies a renewed and reinforced bond between the conglomerate and Polimi.

He emphasizes the historical connection, tracing back to Giulio Natta’s Nobel-winning studies on polypropylene, as emblematic of fruitful industry-academia collaboration fostering innovative solutions for the future.  rPET granules

rPET granules

Itelyum and Plasta Rei revolutionize recycling, turning food packaging into rPET granules

Itelyum and Plasta Rei have pioneered a revolutionary approach to recycling, converting food packaging waste into top-tier rPET granules, thus advancing environmental sustainability significantly. Collaborating, Itelyum, a division of Stirling Square Private Capital, and Plasta Rei, an expert in recycling technology, aim to redefine the standard for recycling food packaging waste, producing 100% recycled polyethylene terephthalate (rPET) granules. This partnership not only signifies a remarkable technological leap but also a crucial step toward sustainability.  rPET granules

Revolutionizing Recycling Plasta Rei’s chemical recycling process retrieves over 95% of PET waste, generating high-quality rPET granules that maintain their integrity through multiple recycling cycles, in contrast to traditional mechanical methods. The resulting rPET matches virgin PET in quality, revolutionizing recycling and offering sustainable packaging options.

Environmental Impact and Sustainability By converting food packaging waste into virgin-like rPET granules, the collaboration reduces reliance on virgin plastics, curbing plastic pollution and preserving petroleum resources. Studies underline the environmental sustainability of PET depolymerization, emphasizing its potential to mitigate greenhouse gas emissions compared to virgin fiber production. rPET granules

Advancing Towards a Circular Economy This innovation not only marks a technological breakthrough but also propels the plastics industry towards a circular economy. Enabling endless recycling of PET without quality loss, Itelyum and Plasta Rei set new benchmarks for sustainability and resource efficiency, showcasing the power of collaboration and innovation in fostering a more sustainable future.

Amid global concerns about plastic waste and environmental harm, Itelyum and Plasta Rei offer hope by transforming food packaging waste into high-quality, endlessly recyclable rPET granules. Their success demonstrates the promise of chemical recycling and sustainable practices, marking a significant milestone in the journey towards a circular plastics economy, where plastic waste becomes a valuable resource rather than a pollutant. rPET granules

rPET granules

Freudenberg, a leading manufacturer of high-performance materials, introduces a new line of 100% synthetic wetlaid nonwovens made in Germany

These materials, incorporating various polymer-based fibers including ultra-fine micro-fibers, are tailored for filtration and industrial applications. They complement Freudenberg’s existing wetlaid capabilities.

The fully synthetic wetlaid nonwovens are ideal for liquid and air filtration, including support for reverse osmosis membranes, nanofibers, PTFE membranes, and oil filtration. They find use in construction, composites, and other industries. rPET granules

Marketeted under the Filtura® brand, these materials offer versatility and flexibility. They can be composed of polyester, polyolefin, polyamide, and polyvinyl alcohol fibers, with weights ranging from 8g/m² to 250g/m² and fiber lengths up to 12mm. Freudenberg’s manufacturing line combines various bonding technologies, ensuring precise weight, thickness, pore size, and porosity.

Freudenberg’s wetlaid capabilities extend beyond synthetics, incorporating glass fibers, viscose, and cellulose.

Applications range from surfacing veils in glass-fiber reinforced plastics to battery separators, acoustics, and apparel substrates. rPET granules

Freudenberg’s innovative wetlaid nonwovens cater to diverse filtration and industrial needs, offering reliability and performance across a wide spectrum of applications.

rPET granules

Amut: The World’s One-of-a-Kind Recycling Trio

AMUT, a pioneer in recycling technology, has achieved a remarkable feat in Australia with its involvement in three groundbreaking projects: Duet, Choir, and Symphony under the Circular Plastics Australia initiative. This trio of projects marks a unique achievement globally, showcasing AMUT’s expertise in advanced recycling technologies.

The collaboration between AMUT and Circular Plastics Australia, comprising Pact Group, Cleanaway Waste Management, Asahi Beverages, and Coca-Cola Europacific Partners (CCEP), resulted in the establishment of state-of-the-art recycling plants in Albury and Melbourne. These plants aim to recycle approximately 60,000 tonnes of post-consumer plastic packaging annually, converting them into high-quality resins suitable for various applications, including food packaging.  rPET granules

Duet and Symphony focus on sorting and washing PET bottles, while Choir targets HDPE and PP materials. The success of these projects is evident, with Duet exceeding its initial output expectations within a year of operation.

Symphony, inaugurated in the presence of government officials, including Federal Environment Minister Tanya Plibersek and Victorian Minister for Environment Steve Dimopoulos, is the largest plastic recycling facility in Victoria. With cutting-edge equipment, Symphony can process up to 20,000 tonnes of recycled PET resin annually, contributing significantly to the circular economy by converting PET bottles into high-value food-grade pellets.

AMUT’s washing lines ensure the purity of recycled flakes while minimizing operational costs and environmental impact, aligning with the global push towards circularity and climate change mitigation.  rPET granules

This success further solidifies AMUT’s position as a leader in recycling technology, garnering recognition and trust from customers worldwide.

Amut: The World's One-of-a-Kind Recycling Trio

Avient Corporation, a leading provider of specialized sustainable materials solutions, is thrilled to announce an expansion of its Gravi-Tech REC Recycled Formulations lineup

This new grade incorporates up to 60% ocean-bound plastic waste, alongside recycled fillers, resulting in a remarkable 98% recycled content. Specifically engineered for luxury packaging caps and closures, this innovative material offers enhanced design flexibility and more efficient processing compared to traditional metal options.

Introduced in early 2023, Avient’s Gravi-Tech REC recycled formulations provide density-modified engineered polymer materials with recycled content, offering a sustainable alternative to prime or virgin polymers.  rPET granules

This new grade, Gravi-Tech REC GT5200-5089 C I natural, utilizes up to 60% Social Plastic polymer resin material sourced from Plastic Bank, significantly reducing the Product Carbon Footprint (PCF) by over 70% compared to virgin material.

Matt Mitchell, Director of Global Marketing at Avient, emphasized the dual impact of this advancement: not only does it drive material innovation, but it also contributes to social good by addressing plastic waste while supporting vulnerable communities through Plastic Bank’s initiatives.

Gravi-Tech REC formulations boast diverse visual effects suitable for luxury packaging applications like cosmetic and perfume caps, spirit bottle caps, and luxury boxes. Manufactured in Europe, the new Gravi-Tech REC GT5200-5089 C grade is commercially available, with additional food contact-compliant options within the broader Gravi-Tech REC portfolio.  rPET granules

Avient’s commitment to environmental sustainability and positive social impact is evident through its integration of recycled materials and ongoing pursuit of sustainable alternatives, showcasing a dedication to advancing both industry standards and global responsibility.

 Avient Corporation, a leading provider of specialized sustainable materials solutions, is thrilled to announce an expansion of its Gravi-Tech REC Recycled Formulations lineup

Rice University researchers and collaborators have devised an innovative method to address the challenge of managing glass fiber-reinforced plastic (GFRP) waste

GFRP, widely used in applications like windmill blades and aircraft parts, poses disposal difficulties due to its durability. Traditional disposal methods, such as incineration or solvolysis, are inefficient and environmentally harmful.

To tackle this issue, the team developed an energy-efficient upcycling process. By grinding GFRP into a mixture of plastic and carbon and subjecting it to high voltage, they transformed it into silicon carbide, a valuable semiconductor material. This process, known as flash Joule heating, involves heating the mixture to temperatures between 1,600-2,900 degrees Celsius.  rPET granules

The upcycling method not only converts GFRP waste into useful silicon carbide but also offers economic and environmental advantages over conventional disposal techniques. It eliminates the need for resource-intensive methods like incineration and minimizes toxic gas emissions.

The resulting silicon carbide can be utilized in various applications, including battery anodes, due to its superior performance characteristics. The proof-of-concept tests conducted by the research team have shown promising results, paving the way for wider adoption of this upcycling approach.  rPET granules

By transforming GFRP waste into a valuable resource, this method supports the principles of a circular economy. It demonstrates the potential to repurpose waste from diverse applications into new, beneficial products, contributing to sustainability efforts and resource conservation.

Rice University researchers and collaborators have devised an innovative method to address the challenge of managing glass fiber-reinforced plastic (GFRP) waste

In 2022, there was a reduction of 19 kilograms per person in municipal waste

In 2022, the European Union saw a reduction in municipal waste production, with each person generating an average of 513 kg, marking a decrease of 19 kg or 4% compared to the previous year’s figure of 532 kg. However, this remained 46 kg higher than the levels recorded in 1995, which stood at 467 kg per person.

There were significant disparities in municipal waste generation across EU member states. Citizens of Austria (827 kg per person), Denmark (787 kg), and Luxembourg (720 kg) produced the highest amounts, while Romania (301 kg), Poland (364 kg), and Estonia (373 kg) had the lowest figures.  rPET granules

These variations reflect diverse consumption patterns, economic conditions, and waste management practices across countries. Differences exist in how nations handle waste from households, commerce, trade, and administration.

Regarding recycling, the EU’s average stood at 249 kg per person in 2022, down from 264 kg per person in 2021. Austria (516 kg), Denmark (411 kg), and Germany (409 kg) were the top performers in terms of recycled waste per person, while Romania (36 kg), Malta (75 kg), and Greece (90 kg) recorded the lowest amounts.

Data Source: Eurostat

In 2022, there was a reduction of 19 kilograms per person in municipal waste

PET waste circularity – The surge in US graphite prices stems from increased demand in the battery industry, both domestically and internationally 04-03-2024

rPET granules

R-PET Bottles – On Its Journey To Make Clothing That Leaves No Trace, The North Face Taps the BOTTLE Consortium To Scale Biodegradable Polyester Alternative 04-03-2024

R-PET Bottles

R-PET Bottles

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Polyestertime
ITEM 26/02/2024 05/03/2024 +/-
Bottle grade PET chips domestic market 7,100 yuan/ton 7,100 yuan/ton
Bottle grade PET chips export market 905 $/ton 905 $/ton
Filament grade Semidull chips domestic market 6,950 yuan/ton 6,920 yuan/ton -30
Filament grade Bright chips domestic market 6,960 yuan/ton 6,930 yuan/ton -30
Pure Terephthalic Acid PTA domestic market 5,870 yuan/ton 5,920 yuan/ton +50
Pure Terephthalic Acid PTA export market 725 $/ton 735 $/ton +10
Monoethyleneglycol MEG domestic market 4,635 yuan/ton 4,550 yuan/ton
-85
Monoethyleneglycol MEG export market 545 $/ton 535 $/ton -10
Paraxylene PX FOB  Taiwan market 1,037 $/ton 1,026 $/ton
-11
Paraxylene PX FOB  Korea market 1,015 $/ton 1,004 $/ton -11
Paraxylene PX FOB EU market 1,150 $/7on 1,130 $/ton -20
Polyester filament POY 150D/48F domestic market 7,850  yuan/ton 7,875 yuan/ton
+25
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 9,100 yuan/ton +50
Polyester filament FDY 68D24F 9,200 yuan/ton 9,200 yuan/ton
Polyester filament FDY 150D/96F domestic market

R-PET Bottles

8,480 yuan/ton 8,480 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,370 yuan/ton 7,400 yuan/ton +30
Caprolactam CPL domestic market 13,850 yuan/ton 13,400 yuan/ton
-450
Caprolactam CPL overseas  market 1,700 $/ton 1,700 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,975 $/ton +55
Nylon 6 chips conventional spinning domestic  market 14,950 yuan/ton 14,500  yuan/ton -450
Nylon 6 chips  high speed spinning domestic  market 15,300 yuan/ton 15,100 yuan/ton -200
Nylon 6.6 chips domestic  market

R-PET Bottles

21,500 yuan/ton 22,000 yuan/ton +500
Nylon6 Filament POY 86D/24F domestic  market 17,400 yuan/ton 17,300 yuan/ton -100
Nylon6 Filament DTY 70D/24F domestic  market 19,650 yuan/ton 19,500 yuan/ton- -150
Nylon6 Filament FDY  70D/24F  18,500 yuan/ton 18,500 yuan/ton
Spandex 20D  domestic  marke 34,400 yuan/ton 34,400 yuan/ton
Spandex 30D  domestic  market 32,900 yuan/ton 32,900 yuan/ton
Spandex 40D  domestic  market  29,900 yuan/ton 29,900 yuan/ton
Adipic Acid domestic market

R-PET Bottles

10,150 yuan/ton 10,000 yuan/ton -150
Benzene domestic market 8,480 yuan/ton 8,400 yuan/ton -80
Benzene overseas  market 1,056 $/ton 996 $/ton -60
Ethylene South East market 970 $/ton 1,010 $/ton +40
Ethylene NWE market CIF 898 $/ton 952 $/ton +54
Acrylonitrile ACN  domestic market 9,200 yuan/ton 9,600 yuan/ton +400
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market

R-PET Bottles

14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,400 yuan/ton 13,400 yuan/ton
PP Powder domestic market 7,100 yuan/ton 7,100 yuan/ton
Naphtha overseas market  686 $/ton 688 $/ton +2
Phenol domestic market 7,887 yuan/ton 7,660 yuan/ton -227

r-PET high end eco-friendly chips =7,900 yuan/ton 8,350 yuan/ton   +450

R-PET Bottles

Europe, UK, Australia export record plastic waste to Asia

Europe, the UK, and Australia witnessed unprecedented levels of plastic waste exports to Asia in 2023, following the European Union’s decision to prohibit such exports to non-OECD nations. Data compiled by Plastic Waste Trade Watch reveals a 45% surge in Europe’s plastic waste exports to Asia from the previous year. The total European Union exports to non-OECD countries escalated to 750 million kg in 2023, marking a substantial increase from 517 million kg in 2022, representing the highest level since China enforced the National Sword policy in 2018. R-PET Bottles

The European Parliament’s recent vote in favor of banning plastic waste exports to non-OECD countries, anticipated to be enacted by 2027, underscores the urgency of addressing this issue. Despite an overall increase in exports to all destinations, Turkey remained the primary recipient of Europe’s plastic waste, although there was a slight decrease in exports. Among non-OECD countries, Malaysia and Vietnam saw significant rises in plastic waste imports from Europe.

Similarly, the United Kingdom experienced a notable increase in plastic waste exports to non-OECD countries, reaching 77 million kg in 2023, up from 47 million kg in 2022. Australia also saw a 13% surge in its plastic waste exports to non-OECD nations.

Meanwhile, Japan continued its trend of exporting significant quantities of plastic waste to other parts of Asia, particularly notable in November 2023. Conversely, the United States saw a slight decrease in plastic waste exports to non-OECD countries in 2023, indicating a potential shift in global waste management practices.  R-PET Bottles

Europe, UK, Australia export record plastic waste to Asia

On Its Journey To Make Clothing That Leaves No Trace, The North Face Taps the BOTTLE Consortium To Scale Biodegradable Polyester Alternative

BOTTLE Researchers To Determine Whether Novel PHA Fibers Are Fit for Outdoor Apparel That Is Easy To Recycle and Limits Long-Term Microplastic Pollution


When worn, washed, and dried, clothing sheds—dispersing tiny fibers throughout homes, soils, and waterways that can take centuries to degrade.

These fibers, often made of polyester and often too small to see, are a major—if invisible—source of microplastic pollution. By some estimates, fibers from polyester clothing account for nearly half of all microplastics in the natural environment, exacerbating a growing environmental and public health hazard.  R-PET Bottles

Preventing clothes from shedding may be impractical, if not impossible. But according to National Renewable Energy Laboratory (NREL) polymer scientist Katrina Knauer, a better solution is emerging that could address the challenge at its source: replace today’s petroleum-derived polyester with a nontoxic, biodegradable alternative made from PHAs, short for “polyhydroxyalkanoates.”

“PHAs have been found to be very compatible with tissues in the human body as therapeutics,” said Knauer, who is the chief technology officer of the U.S. Department of Energy’s Bio-Optimized Technologies to keep Thermoplastics out of Landfills and the Environment (BOTTLE) consortium. “PHAs can also break down naturally without a highly controlled, composting environment.”

Already, BOTTLE scientists—including a team from NREL and Colorado State University—have developed a portfolio of PHAs with different properties, including some that behave like conventional polyester but are biobased, biodegradable, and easier to recycle.  R-PET Bottles

Now, in conjunction with The North Face, that team is bringing those sustainable materials into the outdoor apparel industry. Over the next 12 months, BOTTLE will scale the process to produce several pounds of PHA fiber, which The North Face will test and evaluate for use in its product lines.

BOTTLE Tailors PHAs for Textiles

Just a few years ago, research was inconclusive on whether making textiles from PHA was possible. Early production methods worked by extracting PHA from a bacterial synthesis, many of which naturally produce the polymer as they digest plant-derived products like glucose and fatty acids. However noteworthy at the time, that method made it difficult for scientists to control the resulting backbone and properties of the PHA.  R-PET Bottles

More…

On Its Journey To Make Clothing That Leaves No Trace, The North Face Taps the BOTTLE Consortium To Scale Biodegradable Polyester Alternative

R-PET Bottles

PET waste circularity – The surge in US graphite prices stems from increased demand in the battery industry, both domestically and internationally 04-03-2024

PET waste circularity

R-PET Bottles – On Its Journey To Make Clothing That Leaves No Trace, The North Face Taps the BOTTLE Consortium To Scale Biodegradable Polyester Alternative

More…

PET waste circularity

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Carbios and Landbell Group partner to boost PET waste circularity at pioneering biorecycling facility

Carbios, a frontrunner in advancing biological technologies for plastic and textile lifecycle reinvention, and Landbell Group, a global leader managing over 40 producer responsibility organizations (PROs) and offering closed-loop recycling solutions, have inked a non-binding Memorandum of Understanding (MoU). The agreement focuses on sourcing, preparing, and recycling post-consumer PET waste using Carbios’ biorecycling tech at its inaugural commercial facility in Longlaville, France, set to launch in 2026.

Leveraging Landbell Group’s expertise and network, the partnership will streamline the procurement of PET packaging and textile waste for biorecycling. Carbios’ specialized enzyme minimizes sorting and washing needs, promising energy and water savings compared to existing recycling methods. PET waste circularity

Commencing 2026, Landbell Group commits to supplying 15 kt/year of PET flakes to Carbios, ensuring a steady sustainable PET production flow. These flakes will serve as crucial raw materials for food-grade PTA and MEG production, later repolymerized into PET.

With Landbell Group in Germany and partnerships with Indorama Ventures and Citeo in France, Carbios aims to secure over 70% of its required feedstock for the 50kt/year capacity at full operation. Situated near Belgium, Germany, and Luxembourg borders, the Longlaville plant strategically taps into nearby waste supplies. PET waste circularity

This collaboration aligns with Landbell Group’s mission to divert problematic PET fractions like multilayered trays and polyester textile waste towards recycling, bolstering their commitment to pioneering circular economy solutions.

PET waste circularity

LLDPE Prices Hike in Europe and USA: Supply Shortages and High Demand Drive Surge

During the initial half of February 2024, there was a significant increase in the prices of Linear Low-Density Polyethylene (LLDPE) observed both in Europe and the United States. This escalation predominantly stemmed from supply shortages and heightened market demand. In Europe, constrained supplies exacerbated by delayed cargo arrivals drove the price surge, while in the US, increased demand from sectors such as construction and packaging propelled LLDPE prices upward. Further, the escalating costs of feedstocks Ethylene, along with upstream Naphtha and Crude oil, significantly impacted production expenses for LLDPE in both regions, intensifying the upward pressure on prices. Furthermore, disturbances in crucial pathways such as the Panama Canal and the Red Sea also played a role in increasing market instability during this timeframe, exerting added pressure on pricing trends.  PET waste circularity

During this timeframe, the demand for LLDPE in the US market experienced a robust upward trend, resulting in sustained price hikes, notably a 6% increase for Film Butene-based grade FOB Texas (USA). Trading remained brisk, with participants actively engaged in spot market transactions due to limited availability. The upward trajectory of LLDPE prices was propelled by rising costs of Ethylene and Naphtha, exerting additional pressure on product expenses. Moreover, heightened export demand, driven by ongoing logistical hurdles, enabled producers to command higher prices for their products. This surge in export activity facilitated the reduction of excess resin in the domestic market, leading to tighter domestic supplies and subsequent increases in domestic LLDPE costs. These price escalations align with anticipated patterns, as international LLDPE prices surged with rising freight costs. The recent uptick in LLDPE spot prices has supported producers to advocate for another price hike in February, building on a successful increase implemented in January.  PET waste circularity

More…

PET waste circularity

Abu Dhabi National Oil Company (Adnoc) has acquired a 24.9% stake in OMV, a significant move indicating a potential merger with Borealis and Borouge

Mubadala Petroleum and Petrochemicals Holding Company (Mubadala) sold its stake to Adnoc, while Österreichische Beteiligungs (ÖBAG) retains 31.5%, and the rest is publicly traded.

Financial specifics weren’t disclosed, but Adnoc plans to nominate two members to OMV’s Supervisory Board. This acquisition sets the stage for merging Borealis and Borouge, both prominent in the polyolefins sector.  PET waste cir cularity

Adnoc and OMV are in discussions to establish a new petrochemical holding company, leveraging their combined holdings in Borouge and Borealis.

Presently, OMV owns 75% of Borealis, while Adnoc owns 25%. Borouge is 54% owned by Adnoc, 36% by Borealis, with the rest publicly traded.

Borealis, a leading European polyolefins producer, reported €12.2 billion in sales and €2.1 billion in net profit in 2022, employing 6,900 globally.

Borouge, headquartered in Abu Dhabi and in its fourth expansion phase, is investing $6.2 billion to become the world’s foremost polyolefin production hub by 2025. Located in Ruwais, UAE, Borouge specializes in polyolefins and intermediates, with investments in a cracker and three polyethylene plants.  PET waste circularity

Abu Dhabi National Oil Company (Adnoc) has acquired a 24.9% stake in OMV, a significant move indicating a potential merger with Borealis and Borouge

Bosch Unveils Hydrogen Heat Engine: A Shift Away from Traditional Fuels

At the 2024 CES event in Las Vegas, Bosch introduced an innovative hydrogen-powered heat engine, marking a significant departure from conventional fuels.

The unveiling of Bosch’s hydrogen-powered heat engine at CES in Las Vegas surprised many, challenging preconceived notions about future automotive innovations.

Tanja Ruckert, a member of Bosch’s board of directors, emphasized the company’s commitment to exploring sustainable alternatives beyond traditional energy sources, particularly focusing on hydrogen.

Despite potential skepticism, Bosch is investing heavily in hydrogen technology, projecting investments of 2.5 billion euros between 2021 and 2026, with an anticipated revenue of 5 billion euros by 2030.  PET waste circularity

The hydrogen heat engine is poised to revolutionize the mobility sector, offering economic and environmental benefits by reducing pollution and increasing efficiency.

Bosch’s innovative internal combustion engine (ICE) utilizes hydrogen as a cleaner alternative to traditional fuels like diesel and petrol. The engine operates similarly to fossil fuel combustion but with hydrogen stored in a pressure tank and injected directly into the combustion chamber, leading to spontaneous ignition upon contact with air.

Key components developed by Bosch, including an optimized engine control system (ECU) and a lubrication-free hydrogen injector, enable the efficient operation of the hydrogen-powered heat engine.

Bosch’s commitment to zero emissions technology aligns with the company’s belief in hydrogen as a catalyst for accelerating the transition to eco-friendly transportation.

Electrification efforts, particularly in industrial vehicles, stand to benefit from hydrogen technology, offering a pathway to achieving emissions reduction targets in challenging sectors.  PET waste circularity

Bosch Unveils Hydrogen Heat Engine: A Shift Away from Traditional Fuels

The surge in US graphite prices stems from increased demand in the battery industry, both domestically and internationally

Major market players like Panasonic Energy and Syrah Resources have expanded graphite mining, aided by supportive government policies and financial backing. China’s dominance in global graphite production has led to supply constraints, affecting the US spot market and driving prices upward.

To counter supply shortages, the US government has initiated deals to boost graphite mining domestically and abroad. Westwater Resources, a US-based exploration company, has ramped up production at its processing plant in response to rising demand for battery anode materials. Regulatory measures, such as those related to electric vehicle (EV) batteries, further contribute to demand.  PET waste circularity

Nouveau Monde Graphite has secured significant investment and off-take agreements, reflecting growing interest in graphite for battery production. The shift towards renewable energy sources also bolsters the graphite market outlook.

ChemAnalyst predicts continued price increases in the graphite market, driven by ongoing demand from the battery industry. Demand for anode materials and electric vehicles is expected to remain strong, prompting suppliers to maintain high prices in the US spot market.

The surge in US graphite prices stems from increased demand in the battery industry, both domestically and internationally

Covestro is grappling with the challenges of low volumes and declining prices, echoing the struggles faced by other major players in the chemical industry amidst a daunting macroeconomic backdrop

In 2023, the company reported sales of €14.4 billion, marking a steep 20% drop from the previous year, with EBITDA standing at €1.1 billion, down by a third compared to 2022. Although there was a slight improvement, net profit remained negative, reducing from a loss of €272 million to €198 million.  PET waste circularity

Attributing these results to a harsh economic environment characterized by geopolitical tensions, a global recession, and soaring energy costs, particularly in Europe, Covestro’s CEO Markus Steilemann highlighted additional structural challenges, especially in Germany. The overall decline in demand across key sectors further dampened revenues.

Factors contributing to the decrease in turnover included reduced volumes (-6.8%), below-average sales prices (-11%), and currency fluctuations (-2.2%), while the portfolio remained unchanged.

Across different business segments, Performance Materials experienced a significant decline, with sales plummeting by 24% to €6.87 billion due to decreases in both volumes (-6.7%) and prices (-15.7%). In contrast, Solutions & Specialties managed to limit the decline to 15.1%, reaching €7.67 billion.  PET waste circularity

In response, Covestro is implementing measures outlined in its Sustainable Future plan, focusing on maximizing output from existing facilities, boosting sales volumes, optimizing capacity utilization, prioritizing high-margin demand, and prudent cost management. Through these efforts, the company aims to drive transformation and navigate the challenges ahead in 2024.

Covestro is grappling with the challenges of low volumes and declining prices, echoing the struggles faced by other major players in the chemical industry amidst a daunting macroeconomic backdrop

PET waste circularity

Unifi Bottles Recycling – Brussels is deliberating the integration of mass balance into recycled content regulations for bottles, amid opposition from environmentalists advocating for stricter measures 02-03-2024

Unifi Bottles Recycling – Brussels is deliberating the integration of mass balance into recycled content regulations for bottles, amid opposition from environmentalists advocating for stricter measures 02-03-2024

Unifi Bottles Recycling

Brussels is deliberating the integration of mass balance into recycled content regulations for bottles, amid opposition from environmentalists advocating for stricter measures

In Europe, the discourse on chemical recycling hinges on mass balance, which allocates feedstocks from chemical recovery alongside traditional fossil raw materials in the petrochemical process. This method is crucial as certain feedstocks, like pyrolysis oil, are indistinguishable from fossil sources in the production process.

The allocation of circular “raw materials” through mass balance involves certified tracking to prevent fraud, ensuring accurate attribution without inflating feedstock volumes.

The current focus on mass balance stems from its potential to complement mechanical recycling in meeting regulatory demands, such as those outlined in directives on disposable articles and packaging waste. The aim is to include chemically recycled resin in content objectives, presently limited to mechanically recycled material.

Regarding the Single-Use Plastics (SUP) Directive, a proposed regulation addressing the calculation of recycled plastic content in bottles includes provisions for mass balance. This signals a potential role for chemical recycling with chain of custody in supplying regenerated material for bottles and closures.

Discussions persist regarding calculation methods, with options including “fuel-exempt” favored by industry and the more stringent “polymer-only” advocated by environmentalists.

Environmental groups argue for prioritizing segregation or controlled mixing over mass balance, particularly for non-mechanically recoverable plastic waste.

The draft regulation is subject to further debate and may undergo public consultation before review by the European Parliament, possibly within the current legislative term.

Brussels is deliberating the integration of mass balance into recycled content regulations for bottles, amid opposition from environmentalists advocating for stricter measures

Challenges in Supply and Demand Fundamentals Drive Fluctuations in R-PET Prices

The global Recycled Polyethylene Terephthalate (R-PET) market witnessed a surge due to strong market purchases and gradual depletion of inventory, apart from China, where Lunar New Year festivities-maintained prices at a steady level due to reduced purchasing activities during the holiday period. Southeast Asia demonstrated robust demand, although buyers remained cautious amid holiday-related closures. Globally, Food Grade FD Hamburg prices saw a modest 2.1% increase, primarily propelled by elevated clear bottle scrap costs. Meanwhile, in North America, R-PET Clear Flakes prices experienced a 1% rise fuelled by increased demand and disruptions in shipping. These market dynamics present pricing and environmental sustainability challenges.  Unifi Bottles Recycling

Following the established two-week pattern, R-PET prices in China maintained their stability for the third consecutive week, holding steady at USD 820/MT until the week ending on February 23rd. The Northeast Asian R-PET market continued to exhibit a subdued trend particularly in China, primarily influenced by the aftermath of the post-Lunar New Year holidays. Conversely, Southeast Asia displayed robust demand, yet prices remained resilient. Many buyers exercised caution, refraining from committing to definitive bids, especially as downstream production facilities underwent closures during the holiday period. In China, the stability in prices demonstrated resilience with minimal fluctuations, attributed to both subdued demand and heightened ocean freight charges. This unwavering stability persisted due to a combination of factors, including the absence of substantial demand and the impact of increased ocean freight charges. Challenges faced by exports due to these factors were further compounded by limitations in container availability.  Unifi Bottles Recycling

Simultaneously, Food Grade FD Hamburg prices of R-PET experienced a modest increase with narrowing profit margin among the significant manufacturers.

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Unifi Bottles Recycling

Unifi is striving to expand its line of products made from recycled materials

Unifi, a textile manufacturer headquartered in Greensboro, North Carolina, saw its recycled-content fiber line contribute 30% to its revenue in 2023, with an ambitious goal to elevate this to 50% by 2025. With the release of its 2023 sustainability report, the company announced a new target: recycling the equivalent of 1.5 billion T-shirts worth of textile and yarn by 2030.  Unifi Bottles Recycling

In pursuit of its 2025 objectives, which include recycling 50 billion plastic bottles and having the REPREVE fiber line constitute over 50% of revenue, Unifi reported steady progress. By 2023, 38 billion plastic bottles had been recycled, and the REPREVE fiber accounted for 30% of revenue, indicating alignment with its trajectory.

The REPREVE line, which comprised 36% of revenue in fiscal 2022 and 37% in fiscal 2021, exemplifies Unifi’s commitment to sustainability.  Unifi Bottles Recycling

The company recycles commercial pre-consumer textile material and internal yarn, transforming them into products like REPREVE polyester, REPREVE powered by Textile Takeback, and REPREVE nylon.

Unifi’s Textile Takeback program epitomizes its dedication to minimizing waste, repurposing fabric production waste into raw materials. The report underscored Unifi’s ethos of eschewing waste within its own processes and extending this mindset to benefit the broader industry.  Unifi Bottles Recycling

Unifi Bottles Recycling

RePurpose Global and Vital Pet Life collaborate on ocean-bound plastic waste

Vital Pet Life has forged a strategic alliance with rePurpose Global, an organization dedicated to combating plastic pollution by empowering marginalized waste workers worldwide. Under the umbrella of rePurpose’s Impact Guarantee program, Vital Pet Life pledges to finance the removal of 18 grams of ocean-bound plastic for every bottle it sells.

This initiative, dubbed Project Laut Yang Tenang by Vital Pet Life, targets the prevention of ocean-bound plastic from reaching Indonesia’s shores, safeguarding the country’s ecosystems and biodiversity. The project specifically addresses the recycling of flexible low and high-density polyethylene (LDPE and HDPE) plastics, often overlooked by local waste collectors due to their minimal market value.  Unifi Bottles Recycling

Donie Yamamoto, CEO and founder of Vital Pet Life, emphasized the pressing need for proactive measures in the face of escalating climate change. Through this collaboration, the partners aim to confront the global plastic crisis head-on, while also enlightening their customers about the company’s commitment to Environmental, Social, and Governance (ESG) principles. By intertwining environmental stewardship with business practices, Vital Pet Life and rePurpose Global aspire to effect tangible change while fostering awareness among their clientele.  Unifi Bottles Recycling

Unifi Bottles Recycling

Piaggio Aero progressing with EU hydrogen initiative

Piaggio Aerospace advances in the European Alright2t initiative, receiving 10 million euros from the EU Commission to promote sustainable airport operations. The project spans four years and focuses on using liquid hydrogen for aircraft refueling to accelerate aviation decarbonization.

Piaggio Aero’s role centers on developing technical specifications and safety protocols for direct refueling. Testing involves installing a liquid hydrogen tank and refueling interface on a P.180 Avanti aircraft.  Unifi Bottles Recycling

Alright2t includes test campaigns at Milan Malpensa airport (with Piaggio Aero’s involvement) and another in a Parisian airport, aiming to replace a tank filled separately.

The project comprises 20 international partners, contributing expertise in aeronautics and liquid hydrogen production, distribution, and utilization. Italian entities like Enea, Digisky, Sea, and Atena coordinate alongside renowned organizations such as the Austrian Institute of Technology, Technical University of Munich, and Linde.  Unifi Bottles Recycling

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As BRICS navigates the evolving global economic landscape, its trade, investment, and finance progress underscores its significance as a transformative force

In the current global economic landscape, the trajectory of multilateral institutions is undergoing a pivotal shift, and the BRICS alliance is a crucial player in this transformation. As we delve into the realms of trade, investment, and finance within BRICS, we find ourselves navigating the complexities of an ever-evolving geo-economic and geopolitical paradigm.  Unifi Bottles Recycling

The origins of the BRICS initiative can be traced back to the early 2000s when Brazil, Russia, India, and China formed a loose consortium known as BRIC. However, in 2009, South Africa’s inclusion solidified the alliance. The primary impetus behind this collaboration was a response to the shifting dynamics of the global economic landscape. A key driving force was the call for a more democratic and transparent decision-making process within international financial organisations, mainly focusing on affording emerging and developing economies a more influential voice.

The primary impetus behind this collaboration was a response to the shifting dynamics of the global economic landscape.  Unifi Bottles Recycling

BRICS has evolved into a unified and purposive entity, championing the cause of reforms in major multilateral institutions with a clear intention of democratising global governance. A pivotal milestone in this trajectory was the establishment of the New Development Bank (NDB) in 2013. Endowed with an initial capital of US$50 billion, the NDB was conceived as a credible alternative to existing financial institutions, reflecting the group’s determination to challenge and reform the global economic landscape. The NDB, headquartered in Shanghai, has significantly increased its disbursements, catalysing infrastructure, and sustainable development across four continents. The equitable distribution of the initial subscribed capital among BRICS members underscores the commitment to collective action.  Unifi Bottles Recycling

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As BRICS navigates the evolving global economic landscape, its trade, investment, and finance progress underscores its significance as a transformative force

The fiscal year 2023 proved to be challenging for Sabic, the Saudi-based petrochemical giant, as global market conditions took a toll on its performance

Sales of petrochemical products witnessed a significant decline of 23%, amounting to 141.5 billion riyals or approximately 37.7 billion dollars. Despite these adversities, Sabic managed to achieve a profit from continuing operations of 1.30 billion riyals (350 million dollars). However, the net profit recorded a negative figure of 2.77 billion riyals (700 million dollars), a sharp contrast to the 16.53 billion riyals (4.41 billion dollars) earned in 2022.  Unifi Bottles Recycling

Abdulrahman Al-Fageeh, the CEO of Sabic, acknowledged the challenges faced by the chemical industry and global supply chains but emphasized the company’s resilience in navigating through the turbulence of 2023. He highlighted the strategic focus on optimizing expenses and seizing opportunities to deliver innovative solutions to customers worldwide.

Despite the economic headwinds, Sabic managed to maintain its market share in the petrochemical sector, experiencing only a marginal 2% decline in sales volume compared to the previous year.

Looking ahead, Sabic announced investments in projects like the Chinese Fujian initiative, a new 6.4 billion dollar petrochemical complex, and initiatives aimed at minimizing the environmental footprint of its operations.  Unifi Bottles Recycling

These efforts include the adoption of electric furnaces for cracking and the advancement of chemical recycling technologies.

The fiscal year 2023 proved to be challenging for Sabic, the Saudi-based petrochemical giant, as global market conditions took a toll on its performance

Unifi Bottles Recycling

Hydrogen Cars – The Ampack machine fills preformed plastic bottles with liquids in aseptic conditions 01-03-2024

Hydrogen Cars – The Ampack machine fills preformed plastic bottles with liquids in aseptic conditions 01-03-2024

Hydrogen Cars

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Hydrogen Cars vs. Electric Cars: A Sustainable Showdown

In the ongoing discourse about the future of energy, two contenders have captured the spotlight: hydrogen cars and electric cars. While both promise a cleaner, more sustainable tomorrow, they diverge significantly in operation, charging infrastructure, and costs. Let’s delve into the key differences between these burgeoning technologies and determine which might be the optimal choice for consumers.

  1. Electric Cars:
    • Propelled by lithium-ion batteries, electric cars power one or more electric motors.
    • Recharging options include domestic electrical outlets and public charging stations.
    • Environmentally friendly, electric cars emit no direct pollutants during operation.  Hydrogen Cars
  2. Hydrogen Cars:
    • Employ fuel cells that convert hydrogen gas and oxygen into water, generating electricity.
    • Like electric cars, hydrogen cars produce only water as a by-product.
    • However, hydrogen refueling stations remain scarce compared to electric charging infrastructure.
  3. Challenges:
    • Electric cars face evolving charging infrastructure issues.
    • Hydrogen cars grapple with limited refueling stations, but efforts are underway to expand availability.
  4. Cost Considerations:
    • Electric cars have a lower initial cost due to expensive fuel cells and hydrogen infrastructure.
    • Hydrogen cars may offer lower long-term operating costs with faster charging times and comparable range.

In summary, both electric and hydrogen cars contribute significantly to sustainability. The choice depends on factors such as charging infrastructure, upfront expenses, and individual preferences  Hydrogen Cars

Hydrogen Cars

Eunomia finds bioplastic shortcomings

Consulting firm’s report lists lack of recycling infrastructure as one problematic aspect of polylactic acid bioresin.

While products made from bioresins may carry recyclability or compostability labels, Eunomia says such infrastructure is lacking.
Olivier Le Moal | stock.adobe.com

A life cycle analysis of the bioplastic polylactic acid (PLA) undertaken by Eunomia Research & Consulting has identified a disappointing recycling track record as one of several environmental and social impacts that are challenging prevailing perceptions of the material’s sustainability.  Hydrogen Cars

Eunomia collaborated with the Washington-based Plastic Pollution Coalition (PPC) to create the 18-page report on PLA. The report, “Bioplastics Are Trash: The Unforeseen Environmental Consequences of PLA from Production to Disposal,” was prepared by the New York office of United Kingdom-based Eunomia.

PLA and other bioplastics have been met with a critical eye by material recovery facility (MRF) operators and plastics reprocessors because they are not considered compatible with most established mechanical recycling processes.

Thus, recyclers of the most commonly recycled postconsumer plastics, such as polyethylene terephthalate (PET), high-density polyethylene (HDPE) and polypropylene (PP), treat PLA in the mixed container stream as a contaminant.

“If PLA is not sorted and removed from conventional plastic recycling streams, it acts as a contaminant and will have a detrimental impact on the final product in terms of strength and color,” Eunomia says.  Hydrogen Cars

Proponents of the bioplastic have recommended composting discarded PLA, but the Eunomia report identifies shortcomings in that process, too.

“PLA does not biodegrade at the same speed as other organic materials in composting facilities, which can lead to contamination of the final compost product” at most existing composting locations,” Eunomia says.

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Hydrogen Cars

The Ampack machine fills preformed plastic bottles with liquids in aseptic conditions

Ampack, from Syntegon, offers a solution for aseptic filling of liquids in preformed plastic bottles. Their versatile FBL filling machine, equipped with neck-handling capabilities, delicately fills HDPE, PP, and PET bottles with products like baby food, milk- and plant-based beverages, dairy items, and soups.

Capable of handling bottles ranging from 50ml to 1.5L, this multifunctional machine boasts a neck-handling system facilitating swift bottle format changes. It accommodates various bottle types, including collapsible formats like those used for enteral nutrition.

The machine’s maintenance is simplified with movable dosing stations, streamlining inspection and component upkeep, ultimately enhancing productivity and saving operational time.  Hydrogen Cars

Oguz Karcier, Ampack’s product manager, highlights the machine’s adaptability to different bottle formats, ensuring efficient production and transportation.

Additionally, the dosing stations are redesigned to incorporate multiple fillers, catering to highly sensitive products and facilitating gentle product filling. Special dosing processes have been developed to minimize foaming, particularly in liquids like clinical nutrition.

Ampack claims a high output rate of up to 36,000 bottles per hour, depending on volume, with the SmartFill dosing concept ensuring ease of use and precise filling.

Designed in compliance with 3-A requirements, the machine prioritizes product safety and hygiene. It features separate chambers for production and mechanics, reducing the risk of food contamination.  Hydrogen Cars

Moreover, the machine’s compatibility with other systems allows for seamless integration, further enhancing its versatility and utility in various production setups.

Ampack aims to showcase this solution at Angua FoodTec in Cologne, demonstrating its commitment to innovation and excellence in aseptic filling technology. Syntegon’s broader offerings, including the LFS filling solution and the GKF Capsylon 6005 capsule filling machine, reinforce the company’s leadership in the industry.

Hydrogen Cars

Kelheim Fibres, the Bavarian manufacturer specializing in viscose fibers, will implement price increases effective April 1, 2024

The company anticipates raising prices for its viscose fibers by approximately 12% to 15%.  Hydrogen Cars

This decision comes in response to the significant surge in demand for viscose, particularly in Asia, driven by the recent upswing in cotton fiber prices.

Explaining the rationale behind the price adjustment, Kelheim highlights the substantial rise in various operational costs, including interest rates, wages, chemicals, and environmental expenses. Coupled with a prolonged period of subdued fiber prices, the company asserts that this move is essential to restore margins to sustainable levels.

Kelheim Fibres specializes in producing fibers for a diverse array of applications, spanning fashion, hygiene, medical products, nonwovens, and specialty papers. All of its fibers are crafted from 100% wood pulp sourced from PEFC or FSC certified origins, ensuring sustainability. Moreover, these fibers are fully biodegradable, offering an eco-friendly alternative to petroleum-based materials across a wide range of end products, while also maintaining or enhancing functional performance.  Hydrogen Cars

The manufacturing process is exclusively conducted in Germany, adhering strictly to the nation’s stringent environmental regulations.

Kelheim Fibres, the Bavarian manufacturer specializing in viscose fibers, will implement price increases effective April 1, 2024

Syensqo is set to unveil a unique iteration of its MTM 49-3 epoxy prepreg at the upcoming JEC World in Paris, showcasing advancements in sustainable materials

Among the highlights of the event will be Syensqo’s innovative MTM 49-3 epoxy prepreg, enriched with 30% monomers sourced from biological origins. Tailored specifically for structural applications within the automotive industry, such as body panels, chassis components, and spoilers, this prepreg offers a sustainable alternative without compromising on performance.  Hydrogen Cars

The integration of biobased resins significantly reduces the reliance on fossil raw materials, thereby diminishing the material’s carbon footprint. Despite its environmentally friendly composition, the prepreg maintains the same high standards of quality, workability, and mechanical performance as its conventional counterpart.

With a dry glass transition temperature (Tg) standing firm at 190°C, the material is compatible with both autoclave and press manufacturing processes. Polymerization can be achieved within 60 minutes at 135°C, ensuring efficiency in production. Moreover, the manufacturer emphasizes that the resin is devoid of any carcinogenic, mutagenic, or reproductive toxic agents, prioritizing safety alongside sustainability.

This groundbreaking development heralds a promising future for eco-conscious materials in the automotive sector, aligning technological innovation with environmental responsibility.  Hydrogen Cars

Syensqo is set to unveil a unique iteration of its MTM 49-3 epoxy prepreg at the upcoming JEC World in Paris, showcasing advancements in sustainable materials

Vietnam aims to produce 100,000-500,000 tons of hydrogen a year by 2030

Vietnam has set ambitious targets in its energy transition roadmap, aiming to produce between 100,000 and 500,000 metric tons of hydrogen annually by 2030, as outlined in its recently adopted hydrogen development strategy, reported by Hydrocarbonprocessing.

According to a government document reviewed by Reuters, this production volume is expected to escalate significantly to 10-20 million tons by 2050, encompassing green hydrogen.

The strategic focus on hydrogen production, distribution, and utilization is pivotal in achieving the nation’s objectives concerning climate change mitigation, fostering green growth, and attaining a net-zero status by 2050.  Hydrogen Cars

Hydrogen, particularly when sourced through electrolysis powered by renewable energy, earns the ‘green’ label and holds promise in decarbonizing various industries, albeit currently characterized by high costs and early-stage technological development.

By 2030, hydrogen output is projected to supplant a portion of natural gas and coal in power generation, with envisaged applications spanning transport, fertilizer, steel, and cement production. By 2050, hydrogen is slated to contribute 10% of the country’s electricity generation.

Vietnam intends to pool resources from public and private sectors for hydrogen production, leveraging mechanisms like green bond issuance and participation in the Just Energy Transition Partnership (JETP), which involves equity investments, grants, and concessional loans from G7 members, multilateral banks, and private financiers.  Hydrogen Cars

Moreover, Ecolab, Inc. recently inaugurated a state-of-the-art manufacturing plant near Ho Chi Minh City, underscoring its dedication to customer support, innovation, and sustainability in Vietnam and Southeast Asia.

Vietnam aims to produce 100,000-500,000 tons of hydrogen a year by 2030

NGO-business coalition calls on the decision-makers to consider a real compromise by voting for a “polymer-only” allocation method to account for recycled content in the implementing decision of the Single-Use Plastic Directive (SUPD)

The undersigned organisations – civil society organisations and companies operating along the value chain in relevant sectors – are writing to you to express their concerns and to highlight the importance of prioritising robust and transparent chain of custody models for calculating recycled content in the European Commissions implementing decision that establishes rules for the application of Directive (EU) 2019/904Hydrogen Cars

We believe it is important to consider amending the proposal’s allocation rules where it pertains to the ‘fuel-use excluded’ for mass balance accounting. Just like in 2019 with the SUPD, our current decisions will shape future legislation such as the Packaging and Packaging Waste Regulation, the Ecodesign for Sustainable Product Regulation (ESPR) and the End-of-life Vehicles Regulation. The rules adopted will play a significant role in either facilitating genuine circularity or retaining the status quo of relying on virgin feedstock.

The decisions made regarding the EU methodology in this implementing act will have implications beyond its immediate scope. Failing to establish a suitable chain of custody now will hinder Europe’s ambitions for carbon neutrality by 2050 and slow down progress towards a circular economy.

It is thus crucial to maintain ambitious goals and oppose opaque and distorting rules which run against environmental objectives.  Hydrogen Cars

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NGO-business coalition calls on the decision-makers to consider a real compromise by voting for a “polymer-only” allocation method to account for recycled content in the implementing decision of the Single-Use Plastic Directive (SUPD)

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

Hydrogen Cars

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

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

Toyota CO2 Negative

China faced a downturn in its financial markets on Wednesday, with notable declines across major indices

At 7:40 am Italian time, the Nikkei dipped below parity, the Hang Seng experienced a 1.2% loss, and Shanghai dropped by 0.8%. Concurrently, the ten-year US T bond remained steady at 4.28%, while Nasdaq futures reflected a 0.2% decline.

To counter economic challenges, Hong Kong unveiled measures aimed at revitalizing its economy and property market amidst China’s economic slowdown and elevated interest rates. Financial Secretary Paul Chan outlined initiatives in the annual budget presentation, including the elimination of certain property stamp duties for residential transactions and earmarking over 1 billion Hong Kong dollars ($127.8 million) for tourism revitalization efforts, encompassing events like fireworks and drone shows. The city forecasts a modest growth of 2.5 to 3.5 percent this year, following a disappointing 3.2 percent expansion in the previous year.

In other news, Chinese real estate titan Country Garden disclosed receipt of a liquidation petition from a creditor, Ever Credit Limited, citing non-repayment of a HK$1.6 billion ($204.5 million) loan plus accrued interest. The Hong Kong High Court scheduled the initial hearing for May 17, with Country Garden expressing staunch opposition.

Furthermore, China’s legislature passed revisions to the state secrets law on Tuesday, underscoring the significance of national security, particularly in the realm of emerging technologies like artificial intelligence. Scheduled to take effect on May 1, the law emphasizes enhanced management and confidentiality measures regarding sensitive information. This legislative move aligns with China’s broader efforts to fortify national security, which has also involved heightened scrutiny of foreign advisors’ communications by authorities.

China faced a downturn in its financial markets on Wednesday, with notable declines across major indices

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Toyota is conducting trials on technology designed to extract CO2 from the atmosphere

Toyota is charting a deliberate course toward eco-friendly transportation, opting for innovative solutions amidst the electric vehicle surge. Their latest endeavor involves combating both the carbon footprint of conventional vehicles and the environmental aftermath of outdated internal combustion engines.

Pioneering a novel technology, Toyota is engineering filters capable of extracting carbon dioxide directly from the atmosphere. These filters, envisaged to integrate seamlessly into vehicle fronts, are currently undergoing trials on Toyota’s hydrogen-powered GR Corolla race car. Preliminary assessments indicate a potential shift from carbon neutrality to carbon negativity in Toyota’s vehicle fleet. Toyota CO2 Negative

Remarkably, this technology operates without any supplemental energy requirement. Carbon dioxide is entrapped by the filters, subsequently liquefied utilizing waste engine heat for disposal. Crucially, this system is adaptable not only to hydrogen engines but also to traditional combustion engines.

Toyota envisions vehicles equipped with this technology as mobile air purifiers. Yet, developmental strides are imperative. Initial tests revealed a modest capture of 20 grams of carbon dioxide over 20 laps, a fraction compared to the emissions of fossil fuel vehicles.

Scaling up filter size could enhance carbon capture efficiency, albeit posing integration challenges in passenger vehicles. Commercial applications, particularly in Hino trucks, may serve as stepping stones for wider adoption.

Despite its promise, logistical hurdles remain. Manual filter replacement, as observed in the Corolla GR tests, underscores the need for refinement. Should Toyota surmount these obstacles, passive air carbon capture while in motion could revolutionize automotive sustainability. Toyota CO2 Negative

Toyota CO2 Negative

Source One Plastics Commences Operations at Facility Dedicated to Sorting and Recycling Plastic Waste

Source One Plastics, a collaborative endeavor between 23 Oaks Investments and LyondellBasell, has commenced operations at its plastic waste sorting and recycling facility situated in Eicklingen, Germany. This facility addresses the challenge of recycling post-consumer plastic waste, including mixed plastic packaging and flexible polyolefin materials, which typically end up being incinerated. With an anticipated annual processing capacity of 70,000 metric tons, equivalent to the output of approximately 1.5 million German citizens per year, the facility aims to significantly reduce plastic waste. Toyota CO2 Negative

Employing an innovative dry processing method, the plant promises to cut energy consumption by up to thirty percent compared to traditional recycling technologies while minimizing the release of fine plastic dust into the environment. Moreover, the facility operates on locally generated renewable energy, further enhancing its sustainability credentials. The processed plastic waste from Eicklingen will serve as a crucial feedstock for LyondellBasell’s forthcoming commercial-scale catalytic advanced recycling plant in Wesseling, Germany. Toyota CO2 Negative

Yvonne van der Laan, LyondellBasell’s Executive Vice President of Circular and Low Carbon Solutions, expresses pride in the venture’s inauguration, highlighting its role in advancing the company’s strategy to convert recycled material into high-quality polymer. Through advanced recycling techniques, LyondellBasell aims to produce premium polymers for various applications, contributing to a more sustainable future. Toyota CO2 Negative

Furthermore, as part of its commitment to promoting the circular economy, 23 Oaks Investments emphasizes its role in integrating global experience and expertise in sustainable practices. Owner Kai Hoyer underscores the importance of operational efficiency, noting the utilization of AI technology for precise material sorting. This approach sets the stage for true closed-loop systems, a cornerstone of a truly sustainable circular economy.

Toyota CO2 Negative

Recycled Plastics Market worth $63.69 billion by 2030, growing at a CAGR of 4.35

The “Recycled Plastics Market by Product (Polyethylene, Polyethylene Terephthalate, Polypropylene), Method (Distributed Recycling, Heat Compression, Pyrolysis), Source, Application – Global Forecast 2023-2030” report has been added to 360iResearch.com’s offering.  Toyota CO2 Negative
The Global Recycled Plastics Market to grow from USD 45.27 billion in 2022 to USD 63.69 billion by 2030, at a CAGR of 4.35%.
Recycled plastics are materials reprocessed from plastic waste, transforming them into usable plastic products or materials. The recycled plastics process involves collecting plastic waste, cleaning and sorting it, breaking it down into plastic flakes or pellets, and then remolding it into new products. The necessity for recycled plastics stems from the urgency to address the environmental issues caused by the overproduction and disposal of virgin plastics. Increasing public consciousness regarding environmental sustainability and reducing plastic pollution drives the recycled plastics market. In addition, initiatives and stringent regulations by governments worldwide mandating the use of recycled materials propel the adoption of recycled plastics. However, contamination levels in plastics and variability in the quantity and quality of recyclable plastic waste present a challenge for the stable production of recycled plastics. Nevertheless, developing sorting techniques that can efficiently differentiate and process various plastics and ongoing investments in new recycled plastic facilities are expected to drive the recycled plastics market in the coming years. Toyota CO2 Negative

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Toyota CO2 Negative

Ineos Chairman Sir Jim Ratcliffe urges European Commission to address high energy costs and carbon taxes

The European chemicals sector “struggles to compete” with other markets such as the the USA, China, and the Middle East

Sir Jim Ratcliffe, Chairman and Founder of INEOS, has written to Ursula von der Leyen, President of the European Commission, warning that Europe is “sleepwalking towards offshoring its industry, jobs, investments, and emissions.”  Toyota CO2 Negative

Sir Jim’s letter follows his attendance at The European Industry Summit today in Antwerp, where 73 industry leaders representing almost 20 industrial sectors presented ‘The Antwerp Declaration for a European Industrial Deal’ to Ms Von der Leyen, President of the European Commission and the Belgian Prime Minister, Alexander De Croo.

In his letter to President von der Leyen, Sir Jim said:

* The European chemicals sector “struggles to compete” with other markets such as the the USA, China, and the Middle East,

* Carbon taxes have been successful in “driving away investment” from Europe.

* These taxes have encouraged imports from countries without carbon taxes which has increased the carbon footprint of Europe. Toyota CO2 Negative

* In contrast the USA have used the carrot not the stick, which provides half a trillion dollars of government incentives for technologies that improve the carbon footprint of the USA. This encourages investment in cleaner technologies.

* Once the largest chemical sector in the world, Europe has seen no large builds for 20 years.

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Ineos Chairman Sir Jim Ratcliffe urges European Commission to address high energy costs and carbon taxes

Toyota’s president, Akio Toyoda, staunchly believes in the enduring relevance of heat engines despite the burgeoning interest in electric vehicles

He asserts that electric cars will struggle to seize more than 30% of the market, prompting Toyota to persist in investing in internal combustion engines alongside exploring alternative fuels. Toyoda underscores that consumer preference and market dynamics, rather than regulatory mandates, will determine the fate of automotive propulsion systems.  Toyota CO2 Negative

Toyoda’s vision extends beyond mere skepticism of full electrification; he anticipates a thriving market for hybrid, fuel cell, and hydrogen-powered vehicles, comprising the lion’s share of 70%. He emphasizes Toyota’s commitment to offering a diverse array of vehicles to cater to evolving consumer preferences on a global scale.

Reflecting on Japan’s trajectory, Toyoda notes the recent shift towards a multi-path approach, a stance he championed despite initial industry resistance. He acknowledges the potential dislocation that a swift transition to electric vehicles could pose to the millions employed in the Japanese auto industry, highlighting the importance of empowering workers to contribute to carbon neutrality through innovative engine projects.

Contrary to the European model, Toyoda advocates for Japan’s distinctive approach to automotive innovation, emphasizing the value of diversity in shaping the future. He underscores the significance of market dynamics and customer preferences in charting a unique path forward, suggesting that continued success will hinge on differentiation rather than emulation.Toyota CO2 Negative

Toyota's president, Akio Toyoda, staunchly believes in the enduring relevance of heat engines despite the burgeoning interest in electric vehicles

HDPE Market Soars in Europe and US Amid Supply Shortages and Surging Demand

In the initial half of February 2024, High-Density Polyethylene (HDPE) experienced an upward price trajectory across Europe and the United States, primarily driven by supply shortages and a surge in demand from the market. In Europe, the upswing in HDPE prices was mainly attributed to constrained supplies coupled with delayed cargo. Meanwhile, in the US, HDPE prices surged due to heightened demand from downstream industries such as construction and packaging. Toyota CO2 Negative

Further, the rising prices of feedstock Ethylene and upstream Naphtha and Crude oil have had a significant impact on the production costs of HDPE in both regions, contributing to the upward pressure on prices. Furthermore, supply disruptions in key transportation routes like the Panama Canal and the Red Sea have also played a role in influencing the pricing dynamics of the product, adding to the market volatility experienced during this period.

During this timeframe, the demand for HDPE in the US market exhibited bullish tendencies, with prices rise of 2% for Injection molding grade FOB Texas(USA). Trading activities remained robust, with market participants actively engaging in spot market transactions amidst constrained availability. Toyota CO2 Negative

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HDPE Market Soars in Europe and US Amid Supply Shortages and Surging Demand

PRE’s warning is stark: the European Union’s emphasis on promoting reuse over recycling, coupled with the influx of non-EU recycled materials, threatens to destabilize the recycling sector

This dynamic mirrors Gresham’s law in economics, where inferior currency displaces superior currency; similarly, low-quality recycled materials undermine the value of higher-quality ones, according to Plastics Recyclers Europe (PRE).

The organization highlights a concerning trend: rising imports of recycled plastics into Europe alongside declining domestic competitiveness and an uneven playing field. This imbalance, fueled by a surge in non-EU exports of plastic waste, spells trouble for the industry’s sustainability. Toyota CO2 Negative

Despite the noble intentions of the Regulation on packaging and packaging waste to enhance circularity and standardize practices across EU member states, PRE voices disillusionment with the current political trajectory. Allowing non-EU plastic waste to count toward EU recycling targets without robust oversight risks exacerbating market fragility.

The consequences of this approach are dire. PRE cites studies projecting a drastic increase in greenhouse gas emissions by 2040 and a significant drop in PET recycling rates if investment in European recycling infrastructure continues to decline. The association urgently calls for policy coherence to support the recycling supply chain and safeguard the industry’s future. Toyota CO2 Negative

In essence, PRE implores EU policymakers to prioritize protections for the European plastics industry and uphold commitments to a circular economy. Without decisive action, the lofty rhetoric surrounding sustainability and competitiveness risks becoming hollow.

PRE's warning is stark: the European Union's emphasis on promoting reuse over recycling, coupled with the influx of non-EU recycled materials, threatens to destabilize the recycling sector

Toyota CO2 Negative

European chemistry -Biden announces new anti-Russian sanctions 27-02-2024

European chemistry -Biden announces new anti-Russian sanctions 27-02-2024

European chemistry

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In 2023, the European chemistry sector continued to grapple with challenges, exhibiting weaknesses that persisted from the previous years

Production within the EU27 witnessed a significant decline, dropping by 8 percentage points compared to 2022 levels. Particularly, sectors such as petrochemicals and polymers experienced subdued performance.

Reflecting on the broader economic landscape, the European chemical industry faced a trifecta of setbacks: decreased production, dwindling exports, and reduced imports throughout the year. European chemistry

This grim reality, succinctly captured by the European chemical industry federation Cefic, marks the sector’s fifth consecutive year of decline.

Within the EU27 region, production plummeted by -8%, while exports experienced a loss of 16 billion euros, sliding from 224 to 208 billion (-7% in the first 11 months alone). Notable drops were observed in sales to key markets like Russia (-27%), Brazil (-22%), the United States (-17%), and China (-11%).

Despite a slight reprieve in the import figures, shrinking by 46 billion to 176 billion (-21% between January and November), the overall trade balance remained precarious. The decline in European chemical turnover was stark, registering at -14.9%, amounting to 661 billion euros, albeit showing marginal signs of recovery towards the year’s end.

Across various sectors, the downturn was palpable, with basic chemicals, petrochemicals, and polymers witnessing double-digit declines.  European chemistry

Basic inorganic products and specialties experienced comparatively milder contractions. The sole silver lining was consumer chemistry, with a modest increase of +3.2%.

Moreover, the capacity utilization rate remained constrained, hovering at 74.7% in the fourth quarter of 2023, reminiscent of the levels seen during the initial COVID-19 lockdown in 2020. Cefic’s assessment underscores the prolonged challenges ahead, attributing the industry’s woes to persistently high energy costs and vulnerabilities stemming from reliance on foreign trade amid geopolitical uncertainties. Germany’s slow recovery further underscores the uphill battle facing not just Germany but most EU27 nations.  European chemistry

European chemistry

Biden announces new anti-Russian sanctions

On February 23, President Joe Biden declared the imposition of over 500 fresh sanctions on Russia, aiming at key sectors such as finance and defense, as reported by Interfax. In a statement released by the White House, Biden affirmed, “Today, I am announcing more than 500 new sanctions against Russia. These sanctions will target various aspects including Russia’s financial sector, defense industrial base, procurement networks, and sanctions evaders.”

The United States is instituting novel export limitations affecting approximately 100 establishments that provide support to Russia’s defense industry, Biden disclosed. Furthermore, he emphasized, “We are taking action to further diminish Russia’s energy revenues.” European chemistry

This move underscores the escalating tensions between the United States and Russia, with Biden’s administration opting for economic measures as a response to Russian actions. The sanctions are intended to exert pressure on Russia, sending a clear message of disapproval for its policies and actions. The announcement signifies a significant development in the ongoing geopolitical dynamics, potentially reshaping the relationship between the two nations and impacting global affairs.

European chemistry

Kolon Benit, the technological arm of Kolon Group, has recently upgraded the Kolon Industries Co. (KIC) facility in Gumi, North Gyeongsang Province with cutting-edge smart factory technology

This advancement significantly boosts the efficiency of aramid production, a high-performance material vital in various industries.

Aramid, scientifically known as aromatic polyamide, is prized for its exceptional properties, including a high melting point of up to 500 degrees Celsius and strength surpassing steel by five times on an equal weight basis. It finds essential applications in manufacturing sectors such as body armor, optical cables, and electric vehicle tires.

The facility upgrade aligns with Kolon Industries’ strategy to double aramid production capacity. The smart factory technology empowers personnel with comprehensive oversight, covering quality inspection, packaging, and inventory management. Real-time monitoring allows prompt identification and resolution of quality issues, ensuring adherence to rigorous standards.  European chemistry

Integration of manufacturing data with Enterprise Resource Planning (ERP) facilitates informed decision-making at an executive level, streamlining operations and resource allocation for organizational growth.

Kolon Benit plans further enhancements with data-driven solutions like the Sales Product Inventory Communicator (SPIC), enabling agile response to market demands. Additionally, the deployment of an Energy Monitoring System (EMS) promotes eco-friendly practices, optimizing energy consumption and waste reduction.

This deployment at KIC signifies Kolon Industries’ commitment to operational excellence and market leadership in aramid production. Through continuous innovation and investment in advanced technology, Kolon Benit aims to drive sustainable growth and deliver value across the value chain.  European chemistry

European chemistry

Carrington Textiles and The LYCRA Company Partner to Showcase Stretch Military Fabric in Germany

Carrington Textiles, a global military fabrics manufacturer, is proud to announce their participation at Enforce Tac 2024, a trade fair catering to members of official security agencies and armed forces. Scheduled to take place from February 26th to 28th, 2024, in Nuremberg, this event serves as an ideal platform for industry leaders to unveil groundbreaking solutions tailored for the defence sector.

Carrington Textiles is set to make a significant impact at the event by showcasing their latest breakthrough – Spartan HT Flex Lite fabric. Engineered with military-grade INVISTA T420 nylon 6.6 staple fibre and featuring a strategic 2% LYCRA® fibre content, Spartan HT Flex Lite represents a paradigm shift in military textile development.  European chemistry

The incorporation of LYCRA® fibre into Spartan HT Flex Lite offers unparalleled benefits to military professionals. This innovative fabric provides exceptional comfort akin to cotton, while simultaneously delivering added mobility thanks to its integrated stretch properties. Spartan HT Flex Lite is engineered to endure the rigours of military environments, making it the ideal choice for those who demand both performance and durability.

Carrington Textiles invites trade editors and industry professionals to visit their booth at Enforce Tac 2024 to experience firsthand the revolutionary Spartan HT Flex Lite fabric. Attendees will have the opportunity to explore the fabric’s features, learn about its technical specifications, and discover how it meets the evolving needs of military professionals.  European chemistry

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Carrington Textiles and The LYCRA Company Partner to Showcase Stretch Military Fabric in Germany

Impacts of Auto’s Switch to Sustainability

Of all the trends you’ll see at NPE2024, this one is BIG. Not only is the auto industry transitioning to electrification but there are concerted efforts to modify the materials used, especially polymers, for interior applications.

If you look at the dashboard of a Tesla Model 3 the notable thing is something that isn’t there. As in the array of buttons, knobs and switches that have historically be part of the HVAC and infotainment controls for a vehicle. All of those things are typically injection molded. But they are gone. Manufacturing consultant Laurie Harbour, who specializes in automotive, points out that Tesla’s elimination of these comparatively small components has a big impact on moldmakers and molders, especially given that other vehicle manufacturers are following Tesla’s lead.  European chemistry

“While the attention in the auto industry seems to be all about lithium for batteries, there is a huge effort underway to use materials — many of which are polymers — that support sustainability.”  (Visit the Sustainability Hub at NPE2024 May 6-12 in Orlando to stay on top of the trend.)

And there is another thing to notice about that Model 3 (or Model Y or other models) No leather. Well, there is what’s referred to as “vegan leather.” But it is actually a vinyl.

And there is another thing to notice about that Model 3 (or Model Y or other models) No leather. Well, there is what’s referred to as “vegan leather.” But it is actually a vinyl.

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Impacts of Auto’s Switch to Sustainability

AUTEFA Solutions to present innovations in nonwoven technology with focus on sustainability at Techtextil Frankfurt

At Techtextil Frankfurt 2024, AUTEFA Solutions will present innovations in nonwoven technology with a clear focus on sustainability, including energy efficiency, fiber selection, life cycle management and emission reduction. As a leading supplier of turnkey nonwoven systems and machinery, AUTEFA Solutions offers needle punching lines, aerodynamic web forming lines, spunlace and thermobonding lines.  European chemistry

“Techtextil provides not only a platform for innovation and progress, but also a valuable opportunity to engage directly with customers. Through direct interaction, we not only learn about their current needs, but also lay the groundwork for future developments. We in particular are ready to highlight sustainable applications with our Airlay lines and demonstrate energy optimization in oven and dryer technology. In addition, we will emphasize our core competence in complete needle punching lines with specific features for geotextile, filtration, and artificial leather applications,” explains André Imhof, CEO, AUTEFA Solutions Austria and Switzerland.  European chemistry

The sustainable use of resources is a key challenge. Nonwovens technology originated from the concept of recycling to reduce manufacturing costs and process textile waste and previously unusable materials into fabric structures. With growing environmental awareness, there is an increasing demand for textile recycling solutions or the conversion of used textiles into new products (upcycling).

Nonwoven lines that mechanically, thermally, or chemically consolidate fiber webs can process almost all mechanically and chemically recycled fibers. Fibrous materials down to granulate can also be processed. European chemistry

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AUTEFA Solutions to present innovations in nonwoven technology with focus on sustainability at Techtextil Frankfurt

Indonesia may delay PE, PP import quota enforcement

The Indonesian trade ministry may delay the enforcement of a mandatory quota for polyethylene (PE) and polypropylene (PP) imports to Indonesia that was earlier expected to come into effect on 10 March, according to local sources.

The enforcement could be delayed by at least three months, based on local associations’ appeal requests to the trade ministry, and this may be announced soon, according to market sources. The associations had mostly requested for a grace period to be given to PE and PP importers after the mandate takes effect on 10 March. No official announcements have been made. European chemistry

Local associations including the Indonesian chamber of commerce and industry (Kadin), Indonesian employers association Apindo, Indonesian food and beverage association Gapmmi and several plastics associations including Aphindo, Giatpi and Abofi have opposed or sought delays in the import quota mandate, mainly because of a lack of clarity in the application processes that could affect converters’ operations later.

International business associations in Indonesia including the Korean chamber of commerce and industry Kocham, American chamber of commerce Amcham and the European chamber of commerce Eurocham have also undertaken similar courses of action.

The Indonesian trade ministry on 11 December last year announced that Indonesian PE and PP importers will need to apply for specific quotas to be able to import polymer resins from 10 March this year, or risk their cargoes getting rejected during customs clearance. A surveyor report is also required for resin imports. Importers can only begin their applications from 10 March.  European chemistry

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Indonesia may delay PE, PP import quota enforcement

Recycled materials -Chemically Recyclable LDPE Puts Widely Used Plastic on Path to Sustainability 26-02-2024

European chemistry

Recycled materials -Chemically Recyclable LDPE Puts Widely Used Plastic on Path to Sustainability 26-02-2024

recycled materials

Thermoplastic – Most affordable PHA originating from the United States 

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recycled materials

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Car parts made from more than 70% recycled materials are used in this TPE

Introducing Kraiburg TPE’s latest innovation: the Recycling Content TPE for Automotive series, boasting a remarkable recycled content of over 70%, specifically tailored for the automotive industry

Pioneered by the German compounder, Kraiburg TPE, this line of thermoplastic elastomers is engineered to meet the rigorous technical demands of automotive applications while embodying sustainability with a recycled content of at least 73%.

One of the early adopters of these groundbreaking materials is Tessi Supply, slated to utilize TPE-based compounds with recycled content to manufacture plush mats and inserts for vehicle interiors.  recycled materials

Anticipating the escalating demand for recycled materials within automobiles, driven by increasingly stringent environmental regulations, such as the proposed EU mandate on end-of-life vehicle recyclability, which aims for an average recycled percentage of 25% per vehicle by 2030, including 6.25% from closed-loop systems.

Starting this year, the Recycling Content TPE for Automotive series will supplant the existing Interior PIR TPE compounds across the EMEA region. The lineup encompasses a range of hardness levels (20–95 Shore A), all boasting a minimum recycled content of 73% and a 25% reduction in CO2 footprint compared to virgin materials.

Highlighted features by the manufacturer include a luxurious soft-touch surface and minimal emissions and odors, making it an ideal choice for automotive interior applications.  recycled materials

recycled materials

Covestro turns to nature to divert aniline production away from fossil feedstocks

A PROCESS that uses genetically modified microorganisms to make a chemical used in insulating foam has started operating in Germany, opening the door to fossil-free production.

The plastics company Covestro has begun operating the bio-based aniline pilot plant at its manufacturing site in Leverkusen. The fermentation process involves feeding sugars extracted from plants to microorganisms which convert them into an intermediate chemical. This is then converted to aniline by chemical catalysis.  recycled materials

Aniline is used as an intermediate chemical in the manufacture of a wide variety of chemical products including dyes, agricultural chemicals, and the polyurethane foams that help insulate houses and refrigerators. Around six million tonnes of aniline is manufactured each year, with Covestro responsible for around one-sixth of global production.

Covestro’s conventional production route relies on petrochemical feedstocks. This involves reacting benzene with nitric acid to produce nitrobenzene, which is then reacted with hydrogen to produce aniline. The new bio-based route uses milder reaction conditions and reduces the use of these highly hazardous chemicals.  recycled materials

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recycled materials

Chemically Recyclable LDPE Puts Widely Used Plastic on Path to Sustainability

German researchers replicate chemical structure of low-density polyethylene (LDPE) with built-in “recycling points.”

At a Glance

Polymer can be chemically broken into smaller fragments, which can be reused

So-called LDPE-mimic structurally resembles commercial LDPE, commonly used in cling film and trash liners

New material matches tensile elongation behavior and crystallization temperature of conventional LDPE

German researchers have replicated the chemical structure of low-density polyethylene (LDPE), a development that holds great promise for sustainable alternatives to one of the most widely used plastics.  recycled materials

A team at the University of Bayreuth led by Dr. Rhett Kempe of the Sustainable Chemistry Centre has introduced a new chemically recyclable, highly branched polyolefin material with built-in “recycling points.” That means the polymer can be chemically broken into smaller fragments soluble in organic solvents at moderate temperatures, he said. Recombining those fragments allows them to be reused.

The new material is known as LDPE-mimic and structurally closely resembles commercial LDPE, commonly used in cling film and trash liners.

Fragments of the shredded alternative plastic (top left) compared with commercial polyolefins (bottom left). The solubility of the fragments at 75°C in organic solvents (top right), compared with other polymers (bottom right), provides a potential approach for separating plastic mixtures. Image courtesy of University of Bayreuth.

Regular LDPE is produced under extreme conditions — 250°C and 2,500 to 4,000 bar of pressure. That process is essentially to create LDPE’s highly branched, complex chemical structure.  recycled materials

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Chemically Recyclable LDPE Puts Widely Used Plastic on Path to Sustainability

The active packaging for moisture absorption by ProAmpac and Aptar

ProAmpac, a leading US-based flexible packaging and material science company, has unveiled its latest innovation, ProActive Intelligence Moisture Protect (MP-1000), a cutting-edge moisture-absorbing technology developed in collaboration with Aptar’s CSP Technologies. This patent-pending solution eliminates the need for desiccant packets and offers superior moisture control, particularly suitable for sensitive products like diagnostic kits, live culture probiotics, and hygroscopic powdery food items.

Hesam Tabatabaei, ProAmpac’s Senior Vice President of Global Product Development and Innovation, expressed excitement about the launch, emphasizing the product’s revolutionary capabilities in moisture protection.  recycled materials

Meanwhile, Badre Hammond, Vice President Global Commercial Operations and GM APAC for Aptar CSP Technologies, highlighted the collaboration’s goal to redefine active packaging delivery, providing a flexible, integrated solution powered by CSP’s proven Activ-Polymer technology.

The MP-1000 platforms offer numerous benefits, including the removal of sachets, reduced downtime, improved product quality, and extended shelf life. Moreover, it safeguards contents from moisture exposure while maintaining excellent seal characteristics and compatibility with existing packaging equipment.

Looking ahead, the packaging industry in regions like India, South Asia, Southeast Asia, and the Middle East is poised for significant growth, driven by expanding capacities and increasing demand.  recycled materials

With India’s real GDP projected to exceed 6% and packaging industry growth expected to outpace GDP growth, there are ample opportunities for sustainable packaging solutions and comprehensive coverage across the entire supply chain.

As the region gears up for growth, now is the opportune time for brand owners, product managers, and stakeholders across the packaging ecosystem to engage with targeted marketing communication strategies tailored to this dynamic market.

By fostering collaboration and innovation, stakeholders can capitalize on the region’s positive economic outlook and drive meaningful progress in responsible packaging practices.  recycled materials

The active packaging for moisture absorption by ProAmpac and Aptar

H&M Group testing ‘disruptive’ tech to reduce eco impact of dyeing process

Swedish fashion conglomerate H&M Group is testing a new “waterless” dyeing alternative by Indian start-up Deven Supercriticals at its partner factory Arvind Ltd to reduce energy, water and chemical use during the dyeing process.

M Group announced plans to conduct trials of the new Suprauno dyeing technology at Arvind Ltd which uses supercritical CO2 instead of traditional water and other chemicals for dyeing fabrics.

H&M Group explained that most of the industry’s greenhouse gas emissions occur during fibre production, material processing and fabric dyeing.

It emphasised its support for Suprauno, citing its promising results in reducing energy, water, and chemical usage.  recycled materials

Omang Narang, country manager H&M Group production in India, believes that supporting and investing in new technologies like this plays a key part in finding scalable solutions.

He added these efforts are aimed at assisting H&M Group in achieving its goals of reducing greenhouse gas emissions by 56%, and freshwater extraction and consumption by 30% within its supply chain by 2030.

Arvind Ltd vice-chairman and executive director Punit Lalbhai said: “The collaboration between Arvind Ltd., H&M Group, and Deven Supercriticals marks a pioneering initiative in sustainable textile production. By introducing Suprauno, an innovative technology leveraging Supercritical CO2 for fabric dyeing, this partnership signifies a bold commitment to reducing energy, water and chemical footprint of textiles. By joining forces with brands and innovators, we exemplify the collective effort needed to tackle the climate crisis. Together, we weave a future where fashion and sustainability coexist seamlessly, setting a new standard for the industry.”  recycled materials

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H&M Group testing ‘disruptive’ tech to reduce eco impact of dyeing process

Data implies LCAs could underestimate CO2 emissions from fossil-based plastics

New data sets have led the Renewable Carbon Initiative to suggest that products derived from crude oil and natural gas have much higher carbon footprints than previously thought, with those for commodity plastics rising by around 30% and fossil naphtha’s footprint almost doubling.

Founded in September 2020, the Initiative consists of over 60 companies from across the chemical value chain. Its purpose is to support and drive the transition away from fossil carbon and into renewable carbon sourced from biomass, direct CO2 utilization, or recycling for all organic chemicals and materials. recycled materials

In its view, life cycle assessments do not currently examine the potential environmental impacts of crude oil to the same extent as products made from biomass, Carbon Capture and Utilization (CCU), or recycling. More specifically, LCAs for fossil materials are thought to rely on standard values that do not acknowledge such factors as regional differences or, in certain contexts, a lack of granularity or transparency.

The Swiss ecoinvent database – upon which many LCAs conducted in Europe are based – has received two new updates to include new data on the supply of crude oil and natural gas, like unintended methane emissions from extraction and processing.

Basing its revisions on the global supply situation in 2019, version 3.9 expands on production, long-distance transport, and regional distribution in the natural gas and crude petroleum oil supply chains. recycled materials

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Data implies LCAs could underestimate CO2 emissions from fossil-based plastics

Plastic particles – Lululemon, renowned for its extensive use of nylon, notably in its popular Align line, is addressing the environmental impact of textile waste by pioneering the world’s first infinitely recycled nylon 6.6 and polyester 24-02-2024

recycled materials

Thermoplastic – Most affordable PHA originating from the United States 26-02-2024

Thermoplastic

Thermoplastic

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Polyester Spinning

 

Polyestertime
ITEM 19/02/2024 26/02/2024 +/-
Bottle grade PET chips domestic market 7,150 yuan/ton 7,100 yuan/ton -50
Bottle grade PET chips export market 915 $/ton 905 $/ton -10
Filament grade Semidull chips domestic market 7,010 yuan/ton 6,950 yuan/ton -60
Filament grade Bright chips domestic market 7,010 yuan/ton 6,960 yuan/ton -50
Pure Terephthalic Acid PTA domestic market 5,995 yuan/ton 5,870 yuan/ton -125
Pure Terephthalic Acid PTA export market 740 $/ton 725 $/ton  

-15

 

Monoethyleneglycol MEG domestic market 4,720 yuan/ton 4,635 yuan/ton
-85
Monoethyleneglycol MEG export market 547 $/ton 545 $/ton -2
Paraxylene PX FOB  Taiwan market 1,038 $/ton 1,037 $/ton
-1
Paraxylene PX FOB  Korea market 1,016 $/ton 1,015 $/ton -1
Paraxylene PX FOB EU market 1,150 $/7on 1,150 $/ton
Polyester filament POY 150D/48F domestic market 7,830  yuan/ton 7,850 yuan/ton
+20
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 9,050 yuan/ton
Polyester filament FDY 68D24F 9,150 yuan/ton 9,200 yuan/ton +50
Polyester filament FDY 150D/96F domestic market 8,450 yuan/ton 8,480 yuan/ton +30
Polyester staple fiber 1.4D 38mm domestic market 7,480 yuan/ton 7,370 yuan/ton -110
Caprolactam CPL domestic market 13,950 yuan/ton 13,850 yuan/ton
-100
Caprolactam CPL overseas  market 1,700 $/ton 1,700 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,800 yuan/ton 14,950  yuan/ton +150
Nylon 6 chips  high speed spinning domestic  market 15,300 yuan/ton 15,300 yuan/ton
Nylon 6.6 chips domestic  market 20,500 yuan/ton 21,500 yuan/ton +1,000
Nylon6 Filament POY 86D/24F domestic  market 17,250 yuan/ton 17,400 yuan/ton +150
Nylon6 Filament DTY 70D/24F domestic  market 19,450 yuan/ton 19,650 yuan/ton- +200
Nylon6 Filament FDY  70D/24F  18,300 yuan/ton 18,500 yuan/ton +200
Spandex 20D  domestic  marke 34,200 yuan/ton 34,400 yuan/ton +200
Spandex 30D  domestic  market 32,700 yuan/ton 32,900 yuan/ton +200
Spandex 40D  domestic  market  29,700 yuan/ton 29,900 yuan/ton +200
Adipic Acid domestic market 10,100 yuan/ton 10,150 yuan/ton +50
Benzene domestic market 8,800 yuan/ton 8,480 yuan/ton -320
Benzene overseas  market 1,039 $/ton 1,056 $/ton +17
Ethylene South East market 950 $/ton 970 $/ton +20
Ethylene NWE market CIF 742 $/ton  898 $/ton -44
Acrylonitrile ACN  domestic market 9,200 yuan/ton 9,200 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,200 yuan/ton 13,400 yuan/ton +200
PP Powder domestic market 7,100 yuan/ton 7,100 yuan/ton
Naphtha overseas market  687 $/ton 686 $/ton -1
Phenol domestic market 8,012 yuan/ton 7,887 yuan/ton -125

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

Film recycling company Myplas ceases production mere weeks after its grand opening

Film recycling initiative Myplas USA Inc., touted for its $30 million investment and prominent backers, has ceased production shortly after its inauguration, reportedly to restructure its operations. Despite garnering support from industry giants like General Mills Inc., Target Corp., Schwan’s Co., and Charter Next Generation, which saw it as a crucial step in closing the loop on plastic waste, the plant in Rogers, Minn., has halted its activities.

The project, championed by MBOLD, a consortium affiliated with the Minneapolis St. Paul Regional Economic Development Partnership, received backing from various sectors, including the Alliance to End Plastic Waste and Closed Loop Partners, who provided debt financing. Thermoplastic Res

However, recent visits to the facility revealed no signs of operational activity, leaving stakeholders puzzled. Attempts to reach Myplas and MBOLD for clarification proved futile. Myplas board Chairman Peter Shippen acknowledged the situation, expressing the company’s dedication to the concept of a circular economy but refrained from elaborating on the operational status.

Myplas, a subsidiary of South Africa-based Myplas Pty Ltd., commenced operations with much fanfare in December, with CEO Andrew Pieterse expressing optimism about the venture’s prospects.

The company had ambitious goals, aiming to recycle nearly 90 million pounds of plastic annually and create significant employment opportunities.

However, the current pause in operations casts uncertainty on the realization of these aspirations. 

Film recycling company Myplas ceases production mere weeks after its grand opening

Opponents of Project ONE within environmental advocacy circles

Fifteen environmental organizations have lodged appeals against the authorization granted for the construction of Ineos’s latest European cracker, marking a significant hurdle for Project ONE. Despite previous setbacks in the authorization process, including delays and obstacles, Project ONE now faces opposition from determined environmentalists intent on halting the construction of the new cracker in Antwerp’s port. This project represents the largest investment in European petrochemicals in the past twenty years.

The appeal, spearheaded by the associations’ legal representatives, contends that there has been a lack of comprehensive assessment regarding the potential impacts of the proposed plants on both local and broader environmental and social landscapes, including the assessment of “Scope 3” emissions along the entire supply chain. They argue that the approval of the project by Flemish authorities, without a prior exhaustive evaluation of its impacts, violates both national and EU regulations.

Environmentalists maintain that the proposed plant will exacerbate plastic production, utilizing fossil fuels with detrimental effects on the climate. They dismiss the alterations made to secure new permits as merely superficial. Consequently, they perceive Project ONE as both environmentally destructive and unnecessary.

Project ONE, overseen by Ineos Olefins Belgium, entails the construction of a 1.45 million tonnes per year ethylene ethane gas steam cracker, with a staggering investment exceeding 4 billion euros and slated to commence operations by 2026.

While Ineos asserts the project’s environmental merit, highlighting its enhanced efficiency and sustainability compared to existing facilities, environmentalists remain skeptical, underscoring the imperative for a more holistic assessment of its ecological footprint.

Opponents of Project ONE within environmental advocacy circles

Most affordable PHA originating from the United States

Danimer Scientific, a leading bioplastics manufacturer based in the United States, recently completed a significant expansion at its Rochester facility, employing an innovative thermocatalytic process known for its enhanced efficiency compared to traditional fermentation methods.

Having acquired fellow American company Novomer three years prior, Danimer gained access to crucial patents pertaining to the production of polyhydroxyalkanoates (PHA), along with ownership of a pilot plant located in Rochester, New York. This facility underwent a strategic expansion aimed at bolstering the production capacity of its Rinnovo brand biopolymers, facilitating extensive application development and customer testing. The upgraded unit now boasts a production capacity of 20 tonnes per year, a significant leap from its previous output of one tonne per year.

The expansion initiative encompassed various enhancements, including the enlargement of the carbonylation reactor, installation of three additional distillation towers, augmentation of the polymerization reactor, and integration of a polymer drying unit. Notably, the Rinnovo PHA stands out for its unique synthesis process, relying on thermocatalysis rather than biomass fermentation. This approach not only slashes production costs upon scaling but also streamlines construction and operational processes.

Utilizing the innovative Novo22 technology, the production involves selective catalysis to convert ethylene oxide and carbon dioxide into lactone monomers, followed by ring-opening polymerization to yield high molecular weight poly(3-hydroxypropionate) (p(3HP)).

This biopolymer exhibits properties such as enhanced barrier performance, superior elongation, and a lower melting temperature compared to conventional PHAs in the market. Through these advancements, Danimer Scientific aims to revolutionize the landscape of sustainable polymer production while catering to evolving market demands.

Most affordable PHA originating from the United States

Plastic particles – Lululemon, renowned for its extensive use of nylon, notably in its popular Align line, is addressing the environmental impact of textile waste by pioneering the world’s first infinitely recycled nylon 6.6 and polyester 24-02-2024

 

Plastic particles – Lululemon, renowned for its extensive use of nylon, notably in its popular Align line, is addressing the environmental impact of textile waste by pioneering the world’s first infinitely recycled nylon 6.6 and polyester 24-02-2024

Plastic particles

Eni trusts Maire: EPC for Hydrogen Plant in Livorn Italy

MAIRE’s subsidiary, KT – Kinetics Technology (Integrated E&C Solutions), has secured a significant Engineering, Procurement, and Construction (EPC) contract from Eni, an Italian energy giant, to construct a hydrogen production unit at Eni’s Livorno refinery. The contract, valued at €123 million, signifies a milestone in Eni’s endeavor to transform its Livorno plant into its third biorefinery, specializing in hydrogenated biofuels.

Scheduled for completion in 2026, KT will oversee the design and construction of the plant, which will utilize both methane gas and biogenic feedstocks to produce hydrogen. This hydrogen will then be utilized in the production of biofuels for mobility purposes at the Livorno site.  Plastic particles

The feedstocks will primarily comprise waste materials such as cooking oils, animal fats, and residues from the agribusiness sector. Furthermore, the plant’s design allows for the potential integration of a residual CO2 capture unit in the future.

This initiative aligns with Eni’s broader strategy to transition its Livorno facility into a biorefinery, underscoring its commitment to sustainability and decarbonization. Alessandro Bernini, CEO of MAIRE, expressed pride in this partnership with Eni, highlighting MAIRE’s ongoing dedication to delivering innovative technologies and integrated engineering services aimed at fostering the decarbonization of transportation through the increased production of biofuels.  Plastic particles

Plastic particles

Lummus Technologies partners with Turkish Polypropylene Manufacturer

Bayegan is set to revolutionize its Hatay petrochemical plant by integrating cutting-edge technologies from Texan-based Lummus. This collaboration entails the incorporation of Lummus’ Catofin propane dehydrogenation and Novolen polymerization processes into Bayegan’s operations.

Under the licensing agreement, Lummus will provide Bayegan access to advanced methodologies for converting propane into propylene (PDH) using the Catofin process, followed by polymerization into polypropylene via the Novolen process.

The implementation of these technologies at the Hatay complex in Turkey will include the construction of a 450,000 t/y propylene plant and a corresponding 450,000 t/y polypropylene plant.  Plastic particles

This significant production capacity aims to mitigate the nation’s reliance on imported raw materials, particularly as polymer demand continues to escalate.

In addition to technology licensing, Lummus will offer comprehensive support, encompassing basic engineering, consultancy services, and training programs as part of the agreement.

Romain Lemoine, Chief Business Officer Polymers & Petrochemicals at Lummus Technology, underscores the transformative potential of integrating Catofin and Novolen technologies. He highlights the anticipated benefits, including enhanced reliability, reduced capital and operational expenses, superior environmental performance, operational flexibility, increased capacity, and streamlined processes.  Plastic particles

Plastic particles

Lululemon, renowned for its extensive use of nylon, notably in its popular Align line, is addressing the environmental impact of textile waste by pioneering the world’s first infinitely recycled nylon 6.6 and polyester

Teaming up with Australian startup Samsara Eco, which specializes in enzyme-based plastic recycling, Lululemon aims to transform end-of-life garments, like its $98 Align leggings, back into high-quality activewear.

This collaboration marks a significant step in Lululemon’s sustainability journey, following its earlier investment in textile-to-textile recycling technology. The partnership has yielded the debut of enzymatically recycled nylon 6.6, a breakthrough hailed by Samsara Eco’s CEO, Paul Riley, as a game-changer for textile waste management.

Using Samsara Eco’s innovative technology, Lululemon has successfully created samples of its Swiftly Tech long-sleeve top, demonstrating the viability of recycled nylon in maintaining the brand’s signature comfort and performance. Plastic particles

This process, which utilizes plastic-eating enzymes, not only reduces emissions but also prevents textiles from ending up in landfills.

The implications extend beyond the realm of apparel, signaling a shift towards circularity and sustainable innovation across industries. With over 90 percent of the nylon in the Swiftly samples sourced from Samsara Eco’s recycling process, Lululemon is advancing towards its goal of exclusively using preferred materials and end-of-use solutions by 2030.

Yogendra Dandapure, Lululemon’s VP of raw materials innovation, emphasizes the broader impact of this achievement, highlighting the potential for collaboration and cross-industry partnerships to drive sustainable change. Plastic particles

As Lululemon continues to pioneer sustainable practices, this milestone sets a precedent for a more environmentally conscious future in fashion and beyond.

Plastic particles

SABIC has initiated the construction of its massive US$6.4 billion manufacturing complex situated in Fujian, southern China

This endeavor marks the inception of the full execution and construction phase of the SABIC Fujian Petrochemical Complex (also known as the Sino-Saudi Gulei Ethylene Complex Project), a joint venture between SABIC and Fujian Energy and Petrochemical Group Co. Ltd. (Fujian Energy Petrochemical). The groundbreaking ceremony, symbolizing this significant milestone, took place in Fujian Province.

The complex, strategically positioned within the Gulei Petrochemical Industrial Park, will house a mixed-feed steam cracker capable of producing up to 1.8 million tonnes per year of ethylene (C2), alongside various downstream units manufacturing ethylene glycols (EG), polyethylene (PE), polypropylene (PP), polycarbonate (PC), and other products.

According to SABIC, preparations for commissioning and start-up are slated to commence in the latter half of 2026.  Plastic particles

CEO Abdulrahman Al-Fageeh expressed enthusiasm for this pivotal venture, emphasizing its role in SABIC’s progression in China and its global chemical leadership aspirations. He underscored SABIC’s dedication to delivering effective solutions, enhancing shareholder value, and contributing to industry advancement, particularly in China, a vital petrochemical market.

The ceremony also saw the signing of Engineering, Procurement, and Construction (EPC) contracts, as well as a Project Financing Loan Agreement, further solidifying the commitment to the SABIC Fujian Petrochemical Complex project.  Plastic particles

SABIC has initiated the construction of its massive US$6.4 billion manufacturing complex situated in Fujian, southern China

Renewcell’s CIRCULOSE® Supplier Network Increases To 151 Partners With A Focus On Regional Hubs

Renewcell, the Swedish textile-to-textile recycler, welcomes 35 new members to the CIRCULOSE® Supplier Network (CSN), now totaling 151 spinners, weavers, textile mills, garment manufacturers, and more. The newest cohort consists of suppliers with vertical operations (10), yarn spinners (16), garment manufacturers (4) as well as denim and home textile mills. First launched in July 2023 with 47 textile producers, the expansion to 151 in under one year underlines the spirit of collaboration and the desire to close the loop on clothing production.  Plastic particles

Srimal Wickremasinghe, Managing Director, Brushes & Needles comments, “Brushes & Needles from Sri Lanka and TexComs from Indonesia have been diligently working on developing an innovative and sustainable textile solution cooperating with CIRCULOSE® technology that we believe will revolutionize the industry. In today’s rapidly changing world, the demand for eco-friendly and sustainable products is higher than ever before.” Salil Dhillon, Director, TexComs Worldwide continues, “Consumers are increasingly conscious of the environmental impact of their purchases and are seeking out products that align with their values. Recognizing this shift in consumer behavior, we have invested significant time and resources into creating textile products with CIRCULOSE® that not only meet the highest standards of quality and performance but also prioritize sustainability throughout their entire lifecycle.”  Plastic particles

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Renewcell’s CIRCULOSE® Supplier Network Increases To 151 Partners With A Focus On Regional Hubs

Buried microplastics complicate efforts to define the Anthropocene

Plastic particles in sediments could help to pin down the start of a new geological epoch. But their ability to migrate to older layers is muddying the waters.

The presence of microplastics in layers of material that settle at the bottom of lakes might be an unreliable way to determine the onset of the Anthropocene — the geological age marking the consequences of human activity on the environment. That is the conclusion of researchers who have shown that tiny plastic particles can infiltrate deep into old sediments.  Plastic particles

The date when the Anthropocene began is still being debated. But the presence of microplastics is one of the measures that geologists look at when analysing material from lakes and seas to see whether human activity has made an impact. And microplastic content has also been suggested as a way to date geological sediments.

In a study published today in Science Advances1, researchers looked for plastics in sediment from three lakes in Latvia: Seksu, Pinku and Usmas.

They found 14 types of plastic in sediment samples. In all three of the lakes, the most recent, uppermost sediment layers contained the most plastic particles. But the team also found that smaller, narrower particles had travelled down into much older sediments that formed long before plastic production began in the 1950s.  Plastic particles

For example, particles of the biodegradable plastics polylactic acid (PLA) and polyhydroxybutyrate (PHB) were found in sediment that is more than 200 years old. The researchers used established techniques to date sediment samples, measuring the amounts of lead isotopes and spheroidal carbon-containing particles that the samples contained.

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Buried microplastics complicate efforts to define the Anthropocene

Marine Layer and Trashie partner on clothing recycling program

Marine Layer, the San Francisco-based apparel brand, and Trashie, the recycling and rewards platform, have partnered to bring an expanded clothing recycling service. The partnership unites Marine Layer’s Re-Spun program, which launched in 2018 to give t-shirts a second life, with Trashie’s Take Back Bag program, which enables an easy way to recycle unwanted clothing, accessories, and linens from any brand in almost any condition.

People can purchase a Re-Spun Take Back Bag for $20 from Marine Layer’s website, fill it with unwanted items, and then mail the bag back to Trashie using a pre-paid shipping label.  Plastic particles

In exchange, customers receive $40 in credit to spend with Marine Layer.

Marine Layer’s Re-Spun program was initially centred around recycling old t-shirts for store credit and has successfully diverted over 500,000 t-shirts from landfills and provided $2 million in credits to date. Leveraging Trashie’s recycling platform, Marine Layer will be able to increase recycling rates by an estimated five times while tracking detailed impact metrics.

Trashie’s recycling platform sorts and grades all collected materials onshore into 253 grades. As a result, 90 percent of collected items are diverted from landfills and are designated for reuse, downcycling, and fibre recycling.  Plastic particles

By aggregating collections across Trashie’s partner and DTC programs, Trashie recycles more effectively than when small quantities of individual items or materials are collected in a silo. Trashie’s impact dashboard will help Marine Layer track recycling volumes in real-time and will generate metrics on landfill diversion, water savings, and CO2 emission reductions.

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Marine Layer and Trashie partner on clothing recycling programMechanical recycling – India’s rPET market is experiencing a remarkable surge, revolutionizing sustainability practices 23-02-2024

Plastic particles

Mechanical recycling – India’s rPET market is experiencing a remarkable surge, revolutionizing sustainability practices 23-02-2024

Mechanical recycling

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POSCO and ADNOC collaborate to establish clean hydrogen connections

POSCO Holdings of South Korea, along with its subsidiary POSCO International, and the Abu Dhabi National Oil Company (ADNOC) from the UAE, have inked a strategic cooperation agreement (SCA) to jointly explore the realm of clean hydrogen production. The agreement outlines a collaborative effort aimed at advancing the production and distribution of hydrogen utilizing LNG (liquefied natural gas) and CCS (carbon capture and storage) technologies, effectively capturing and storing carbon emissions generated during the hydrogen production process.  Mechanical recycling

Under the terms of the agreement, the trio will spearhead the establishment of hydrogen production infrastructure at POSCO’s Gwangyang LNG terminal.

Commencing in 2029, the produced hydrogen will be channeled to meet various demands, including those of Gwangyang Steelworks and neighboring areas such as Hadong and Yeosu.

POSCO emphasizes the incorporation of CCS technologies, asserting that carbon emission reduction through the capture of incidental carbon during hydrogen production is crucial for achieving the status of clean hydrogen. Mechanical recycling

Beginning this year, the three entities plan to conduct a comprehensive feasibility study encompassing the establishment of clean hydrogen production facilities, as well as carbon dioxide capture and liquefaction terminals.

Lee Jun-Hyuk, Head of Energy Division at POSCO International, underscores the strategic significance of Gwangyang as a focal point for POSCO’s energy endeavors. He envisions the Gwangyang LNG terminal evolving into a pivotal hub for clean hydrogen production, thus bolstering Korea’s hydrogen industry development. Mechanical recycling

In parallel, POSCO is exploring additional avenues for sustainable energy solutions. In 2023, the company disclosed plans for a potential joint venture with U.S.-based CF Industries Holdings to construct a low-carbon clean ammonia plant at CF Industries’ Blue Point Complex in Louisiana. This initiative aligns with POSCO’s commitment to decarbonize its operations, with ambitions to import low-carbon clean ammonia to support the transition away from coal-based power generation.

Furthermore, POSCO aims to leverage low-carbon clean ammonia as a precursor for hydrogen production, facilitating its utilization in both gas-based power generation and steelmaking processes.  Mechanical recycling

Mechanical recycling

India’s rPET market is experiencing a remarkable surge, revolutionizing sustainability practices

As discarded PET bottles embark on a transformative journey toward greener solutions, they re-emerge as part of new products, contributing to a more eco-friendly planet. Let’s delve into the heartbeat of India’s rPET revolution and explore the challenges and opportunities in this transformative journey.

The Vibrant rPET Market in India Driven by environmental consciousness and supportive regulations, India is at the forefront of a recycling revolution. The demand for recycled PET (rPET) bottles is soaring, with urban centers like Maharashtra, Gujarat, Tamil Nadu, and Karnataka leading the charge. Sustainability isn’t just a moral imperative; it’s an economic choice. These regions’ waste management infrastructure forms the backbone of the burgeoning rPET market. Mechanical recycling

Innovations and Scope Businesses, including industry giants like Reliance Industries and Indorama Synthetics, are capitalizing on this opportunity. They’re pushing the boundaries of rPET applications beyond the conventional. From fibers and sheets to trays and even bottle-to-bottle recycling, the possibilities are boundless. This mirrors the global trend toward sustainable practices, emphasizing circular economies and responsible resource utilization.

Challenges Ahead Despite the promising landscape, challenges persist. Efficient collection infrastructure remains a priority, ensuring PET bottles reach recycling facilities effectively.  Mechanical recycling

Contamination remains an ongoing issue, threatening the purity of recycled PET. Overcoming these hurdles is essential for sustained growth and a greener future.

India’s rPET journey is a beacon of hope, where innovation and sustainability intersect, paving the way for a more environmentally conscious tomorrow12.

Mechanical recycling

LyondellBasell has revealed its recent acquisition of mechanical recycling assets, including rigid plastics recycling processing lines, from PreZero, a prominent global leader in recycling and waste management services

The acquisition encompasses the leasing of a processing facility located in Jurupa Valley, California, boasting a robust production capacity of approximately 50 million pounds annually for recycled materials.

Yvonne van der Laan, Executive Vice President of Circular and Low Carbon Solutions at LyondellBasell, emphasized the significance of this move, stating, “This acquisition further strengthens our U.S. presence and will deliver value for our customers and plastic recycling rates in the West Coast.” She highlighted the company’s commitment to leveraging its extensive experience in plastic recycling from Europe to establish a cutting-edge mechanical recycling facility to cater to the escalating demand for recycled products in the United States.  Mechanical recycling

LyondellBasell intends to utilize its newly acquired mechanical recycling plant in California to produce post-consumer recycled resins utilizing plastic waste as feedstock. These recycled polymers will be marketed under the CirculenRecover brand, a key component of the company’s Circulen product portfolio designed to foster the circular economy. Operations at the new facility are slated to commence in 2025.

This strategic transaction aligns with LyondellBasell’s overarching goals of fostering a circular economy for plastics, mitigating plastic pollution, and meeting the rising consumer demand for sustainable products. Coupled with its previous investments such as the equity stake in the Cyclyx joint venture and the Cyclyx Circularity Center in Houston, this latest venture in California further solidifies LYB’s position in the competitive U.S. recycled products market.  Mechanical recycling

Mechanical recycling

Oerlikon solutions at Techtextil 24

Meeting high standards for airbags, seat belts, geotextiles and filter media.

Solutions for the automotive industry, geotextiles and filtration will be among end-use applications highlighted by Oerlikon Polymer Processing Solutions at this year’s Techtextil in Frankfurt from April 23 to 26.

The company reports that in today’s modern passenger cars an average of 30-35 kg of yarn is employed to ensure safety and comfort via products such as airbags.

Airbags have traditionally been made from polyamide but due to the ever increasing variety of airbag applications and the ever growing size of the systems, polyester is also often used today, depending on application requirements and cost/benefit considerations.

“Yarns produced with Oerlikon Barmag technologies meet all the high quality standards for airbags which must guarantee maximum safety for the occupants, and without any loss of function in any climate, anywhere in the world, for the entire service life of the vehicle,” says Dr Jen Supra, Oerlikon Barmag’s technology manager for technical yarns.

“Seat belts also play a life-saving role in vehicles.  Mechanical recycling

They must be able to withstand tensile forces of more than three tons and at the same time stretch in a controlled manner in an emergency to reduce the load in the event of a collision.”

A seat belt consists of around 300 high-strength filament yarns spun from around 100 single filaments.

Oerlikon Barmag’s patented Single Filament Layer technology ensures a high tenacity (HT) yarn process that is as sophisticated as it is gentle.  Mechanical recycling

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Oerlikon solutions at Techtextil 24

Precision Textiles Unveils “PRESERVING The PLANET” Initiative

Precision Textiles — a supplier for the bedding, home furnishings, automotive and healthcare industries — is charting a course toward environmental sustainability with its “PRESERVING the PLANET” initiative. Committed to fostering a mindset that conveys “manufacturing with a conscience,” Precision Textiles is at the forefront of a transformative movement within the manufacturing sector. This strategic initiative underscores the company’s dedication to environmental stewardship and providing not only sustainable products but a commitment to contribute significantly to the global effort to safeguard the planet.  Mechanical recycling

Precision Textile’s PRESERVING the PLANET initiative includes an all-encompassing strategy that incorporates key elements into every product produced including: FR solution products that offer the highest quality and performance standards that meet all government regulations; safety for its workers, its customers and the consumer; more natural materials such as cotton, wool and rayon derived from wood pulp; recycled or repurposed materials; certified sustainable materials that follow policies and processes for replanting, replenishment and regrowing; and a reduction in the company’s carbon footprint.

“As stewards of the environment, we are pleased to introduce our Preserving the Planet initiative,” said Scott Tesser, CEO of Precision Textiles. “Sustainability has long been our mantra and it is what drives our commitment to reducing our carbon footprint and embracing ecofriendly products and practices. Not only has it become fundamental to everything we do but it has evolved into a movement that is now encapsulated in our ‘Preserving the Planet’ initiative.”  Mechanical recycling

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Precision Textiles Unveils “PRESERVING The PLANET” Initiative

Ascend to increase prices on nylon polymers, compounds and monomers

 Ascend Performance Materials, the largest fully integrated producer of nylon 6,6, announced global price increases on its polyamide polymers, compounds and monomers, where contracts allow, as follows:

Material

Price Increase

Neat PA66 polymer

$0.30/kg

€0.28/kg

PA6 and PA66 compounds

$0.30/kg

€0.28/kg

Hexamethylene diamine

$0.30/kg

€0.28/kg

These price increases will take effect Mar. 1, 2024. Customers should contact their sales representative for additional information.  Mechanical recycling

About Ascend Performance Materials
Ascend Performance Materials makes high-performance materials for everyday essentials and new technologies. Our focus is on improving quality of life and inspiring a better tomorrow through innovation.

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Ascend to increase prices on nylon polymers, compounds and monomers

Commission approves up to €6.9 billion of State aid by seven Member States for the third Important Project of Common European Interest in the hydrogen value chain

The Commission has approved, under EU State aid rules, a third Important Project of Common European Interest (‘IPCEI’) to support hydrogen infrastructure. This IPCEI is expected to boost the supply of renewable hydrogen, thereby reducing dependency on natural gas and helping to achieve the objectives of the European Green Deal and the REPowerEU Plan.  Mechanical recycling

The project, called “IPCEI Hy2Infra”, was jointly prepared and notified by seven Member States: France, Germany, Italy, the Netherlands, Poland, Portugal, and Slovakia. The Member States will provide up to €6.9 billion in public funding, which is expected to unlock €5.4 billion in private investments.

As part of this IPCEI, 32 companies with activities in one or more Member States, including small and medium-sized enterprises (‘SMEs’), will participate in 33 projects.

IPCEI Hy2Infra will cover a wide part of the hydrogen value chain by supporting:

  1. the deployment of 3.2 GW of large-scale electrolysers to produce renewable hydrogen;
  2. the deployment of new and repurposed hydrogen transmission and distribution pipelines of approximately 2,700 km;  Mechanical recycling
  • the development of large-scale hydrogen storage facilities with capacity of at least 370 GWh; and
  1. the construction of handling terminals and related port infrastructure for liquid organic hydrogen carriers (‘LOHC’) to handle 6,000 tonnes of hydrogen a year.

and facilitate future market integration.

The IPCEI will support the gradual emergence of an EU-wide hydrogen infrastructure starting from different regional clusters.  Mechanical recycling

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Commission approves up to €6.9 billion of State aid by seven Member States for the third Important Project of Common European Interest in the hydrogen value chain

Plastic pyrolysis – Australian lithium stocks surge amid speculation of mine closure in China 22-02-2024

Mechanical recycling

Plastic pyrolysis – Australian lithium stocks surge amid speculation of mine closure in China 22-02-2024

Plastic pyrolysis

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Australian lithium stocks surge amid speculation of mine closure in China

Australian lithium stocks surged on Monday amid speculation surrounding the closure of the Jianxiawo mine in China, a significant producer of the material essential for electric vehicle batteries, prompting a surge in Australian resources companies. Pilbara Minerals, Australia’s largest pure play lithium miner, saw its shares jump by as much as 4.9%, while Liontown Resources surged by 7.7%.

The Jianxiawo mine specializes in lepidolite, a relatively expensive form of lithium. Reports indicate that CATL, the Chinese battery giant, may have shuttered the mine due to production costs.  Plastic pyrolysis

This potential closure could impact the global lithium market, leading to a shift from a projected surplus to a deficit of around 20,000 tons for the year 2024.

In Australia, developers experienced significant gains, with Patriot Battery Metals rising by 6%, Wildcat Resources by 5.8%, and Sayona Mining by 7.7%. Pilbara Minerals, despite being heavily shorted by investors concerned about a slowdown in electric vehicle demand, witnessed a notable increase in its stock value.

Analysts, including Lachlan Shaw from UBS, noted that while it’s not uncommon for Chinese facilities to close or reduce operations during the Chinese New Year holiday, the potential permanent closure of Jianxiawo could signal an important shift in the lithium market dynamics.  Plastic pyrolysis

Questions arise about CATL’s decision to close a fully integrated lithium mine amidst growing demand and stable prices, indicating potential broader implications for the industry’s supply chain.

Plastic pyrolysis

What fuel can be made from waste plastic pyrolysis plants?

Source: Henan Doing Machinery Equipment Co., Ltd.

Plastic Pyrolysis Plant Final Products and Pyrolysis Fuel Applications

In today’s world, the escalating issue of plastic waste disposal demands more sustainable solutions. The waste plastic pyrolysis plant, a groundbreaking innovation, holds tremendous potential to address this challenge. This article will delve into the various fuels that can be derived from such plants.  Plastic pyrolysis

Fuel Production:

Waste plastic pyrolysis plants utilize pyrolysis, a thermochemical process that breaks down plastic waste in the absence of oxygen. This plastic pyrolysis process results in the production of three primary fuels:

  1. Pyrolysis Oil:

The pyrolysis of plastics generates a valuable dark brown liquid known as pyrolysis oil. Rich in hydrocarbon compounds, this oil exhibits great versatility. It can serve as an industrial fuel, replacing traditional fossil fuels in industries like cement, ceramics, and power plants. Additionally, with further refinement, it can be processed into high-quality non-standard diesel by pyrolysis oil distillation plant, making it an attractive renewable substitute.  Plastic pyrolysis

  1. Pyrolysis Gas:

Syngas, or pyrolysis gas, is a gas mixture obtained during the waste plastic pyrolysis process. Composed of hydrogen, hydrocarbons, and carbon monoxide, this gas holds significant potential. It can be utilized as a clean-burning fuel for heating or electricity generation, meeting the energy requirements of various industries and reducing their carbon footprint.

  1. Carbon Black:

One of the vital byproducts derived from waste plastic pyrolysis is carbon black. After briquetted by carbon black briquette machine, this solid material finds extensive applications as a fuel source in industrial settings. Moreover, due to its unique properties, it is widely employed as a raw material in manufacturing tires, rubber products, ink, and paint, contributing to increased sustainability in these sectors.  Plastic pyrolysis

These fuels produced from waste plastic pyrolysis are considered alternative energy sources that can help reduce reliance on traditional fossil fuels and contribute to waste management and environmental sustainability.

In the realm of waste plastic pyrolysis plants, Henan Doing Company stands out as a world-leading pyrolysis plant and tire plastic pyrolysis oil to diesel distillation plant manufacturer, supplier and exporter.

By producing environmentally high quality pyrolysis plants capable of efficiently converting plastic waste into valuable fuels, Henan Doing Company won the recognition and good feedback from customers from different countries, such as India, Thailand, Russia, Mexico, Kenya, Philippines, Vietnam, Indonesia, Japan, etc. Welcome all the customers to send us inquiries for free quotations! Plastic pyrolysis

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Plastic pyrolysis

New Battery Technology Enables Long-Range Electric Vehicle Travel

Electric vehicle (EV) owners often face the challenge of limited driving range, but a polymer physicist named Chelsea Chen is working to change that. Chen, a researcher at Oak Ridge National Laboratory, is studying ion transport in solid electrolytes to develop batteries with higher energy density and longer battery life.

Chen’s research focuses on solid-state electrolytes, which are key to achieving higher energy density in EV batteries.  Plastic pyrolysis

By understanding and optimizing the structure and properties of these electrolytes, Chen aims to improve the performance of solid-state batteries. Her work is part of the Fast and Cooperative Ion Transport in Polymer-Based Materials (FaCT) center, a US Department of Energy-funded research facility.

One of the main advantages of solid-state electrolytes is their compatibility with lithium metal anodes, which have a higher energy density compared to traditional graphite or silicon anodes. However, the challenge with lithium metal anodes is their reactivity with liquid electrolytes, which can lead to safety issues. Solid-state electrolytes offer a potential solution by providing a stable interface between the anode and electrolyte.

Chen’s expertise in polymer science and engineering has positioned her well for this research. With a background in controlling nanoparticle distribution within polymers, Chen has a deep understanding of polymer structures and properties. Her work at Oak Ridge National Laboratory focuses on developing solid-state batteries and studying ion transport in polymer-ceramic composite electrolytes.  Plastic pyrolysis

Beyond her research in battery technology, Chen is also interested in the sustainable use of polymers. She believes that recycling and upcycling polymers can contribute to a more sustainable future. Just as EV manufacturers are exploring ways to recycle spent batteries, Chen advocates for considering the end-of-life issues in polymer design.

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Plastic pyrolysis

mLLDPE Prices Escalate in the US while Stability Prevails in China in February 2024

In the initial half of February 2024, the Metallocene Linear Low-Density Polyethylene (mLLDPE) market experienced a notable surge in spot prices in the US while China showed stability by the end of the second week. The US market saw a significant uptick in purchasing activities in February 2024, spurred by heightened consumer demand from downstream construction and packaging sectors.  Plastic pyrolysis

Market observers noted a marked increase in mLLDPE transactions, with buyers demonstrating heightened interest and preparedness to make purchases. Meanwhile, the Chinese mLLDPE market was initially affected by the Lunar New Year festivities, witnessing price increments following stabilization by the second week of the month. This market dynamic was further exacerbated by tight supply from the Middle East, impacting material availability and influencing price trajectories. Additionally, the escalation in the price of feedstock Ethylene exerted cost pressures on mLLDPE.

Throughout this period, demand for mLLDPE in the USA remained robust, fueled by both domestic and international buyers gradually leading to the upward price trend. Nevertheless, there was a steady influx of off-grade railcars into the market. Producers continued to restrict mLLDPE availability, redirecting surplus supplies to the flourishing export market.  Plastic pyrolysis

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mLLDPE Prices Escalate in the US while Stability Prevails in China in February 2024

Tetra Pak invests to boost recycling across EU

In particular, the company says its strategic investments are aimed at increasing the recycling capacity for carton packaging.  Plastic pyrolysis

Lausanne, Switzerland-based packaging developer Tetra Pak has announced several strategic investments designed to level up the recycling capacity for carton packages in the European Union.

The company says the move supports the goals of the proposed EU Packaging and Packaging Waste Regulation (PPWR) by ensuring all packaging components are recycled and valuable raw materials are kept in circulation for longer, therefore showcasing the pivotal role of recycling in the green transition of the food packaging sector.

In 2023, Tetra Pak invested nearly 40 million euros ($42.9 million) to accelerate beverage carton recycling worldwide, and says it plans to increase this even further in the coming years to achieve a greater material circularity. The recent initiatives and investments are set to boost the EU’s ability to recycle beverage cartons, including the non-fiber protective layers of polyethylene (PE) and aluminum, known as “polyAl.” The company says this will be achieved either by unlocking new collaborations or by strengthening the capabilities of established recyclers to turn all materials from postconsumer cartons into new, high-quality resources and goods.  Plastic pyrolysis

These add to the existing and well-established recycling infrastructure in the EU, where beverage cartons are recycled in 20 specialized paper mills, with polyAl currently processed by seven facilities.

Tetra Pak’s major 2023 investments include:

  • A feasibility study in Sweden along with Axjo Group to build a new recycling line for polyAl that will accommodate volumes from Sweden, Denmark and Norway, fostered by a joint investment of up to 24 million euros ($25.7 million) and featuring an annual recycling capacity of 10,000 tons. The facility will recycle and incorporate polyAl into injection molded plastic products made by Axjo, including cable drums, reels, spools and plastic storage boxes.  Plastic pyrolysis

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Tetra Pak invests to boost recycling across EU

Plastic recycling infrastructures: urgent environmental need, business opportunity

The Philippines is the world’s biggest contributor to marine plastic waste with 350,000 tons of it leaking into the ocean annually, according to the independent UK organization Utility Bidder.

A World Bank study on the Plastics Circularity Opportunities and Barriers said the Philippines is losing 78 percent of the material value of its plastics supply chain worth US$ 890 million each year. The recycling capacity gap stands at 85 percent.

For investors, these figures suggest a potential business opportunity: setting up large-scale plastic recycling infrastructures in the country, even while doing much-needed environmental good by reusing plastic waste that impact negatively on people and the planet. Recycling plastic into useful material for manufacturing contributes to building a circular economy, in which waste is eliminated by putting it to productive use and preserving value. Plastic pyrolysis

Given the urgent environmental need along with the potential business opportunity, the Department of Environment and Natural Resources (DENR) and Nestlé Philippines are continuing their partnership for environmental sustainability, by holding the Philippine National Recycling Conference: The Loop Towards Recyclability and Circularity this Thursday, Feb. 22, 2024 at the Marriott Hotel Manila.

The multisectoral event will serve as a forum for potential investors, key waste management businesses, related organizations, and government agencies to discuss possible opportunities and challenges of building plastic recycling facilities, and increasing the supply of recycled packaging materials.  Plastic pyrolysis

Mandated extended producer responsibility (EPR) for plastic waste lapsed into law in 2022. Companies called obliged enterprises with total assets of P100 million and above are now required to be environmentally responsible for plastic waste from products they manufacture, import, distribute or sell to consumers, up to the post-consumer stage. EPR compliance rules include collecting plastic waste and regular reporting requirements with the aim of generating a circular economy.

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Plastic recycling infrastructures: urgent environmental need, business opportunity

PlantSwitch raises $8 million to commercialise bioplastics technology

The company promises to make bioplastics cost competitive

PlantSwitch announced it has raised $8 million to commercialise its bioplastics technology.

The North Carolina-based materials company will use the funding to build its first commercial manufacturing facility and expand its 12-person team. The Sanford plant is expected to produce over 22,000 tonnes (50 million pounds) of resin per year and span 52,000 square feet. Commissioning is expected by 2025.  Plastic pyrolysis

PlantSwitch has developed what it claims is the most sustainable, lowest-cost, completely compostable ‘drop-in’ plastic replacement, sourced from the abundant supply of agricultural residues — mainly rice hulls. Its material is used in containers and eating utensils applications. Its customers include some of the leading brands and manufacturers in food service, consumer packed goods, cosmetics, and agricultural products.

High production costs have so far limited bioplastics to a niche market, but PlantSwitch promises to make biopolymers cost competitive.

The company says using agricultural side streams as feedstock allows it to be ‘the lowest cost plastic alternative on the market’. Its resin can be used as ‘drop-in’ replacement to fossil-based plastics in existing machinery, with ‘negligible’ costs, according to the company. The material reportedly fully breaks down in backyard compost in less than 12 months, leaving no microplastics behind. Plastic pyrolysis

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PlantSwitch raises $8 million to commercialise bioplastics technology

Hydrogen scenarios – New findings on shedding behaviour of polyester 21-02-2024

Plastic pyrolysis

Hydrogen scenarios – New findings on shedding behaviour of polyester 21-02-2024

Hydrogen scenarios

Oil prices underwent a downturn on Tuesday amidst prevailing uncertainty regarding the global demand outlook

Brent futures experienced a decline of $1.44 or 1.7%, settling at $82.12 per barrel by 11:27 a.m. EST (1627 GMT). Concurrently, the six-month spread for Brent reached its highest level since October, signaling tightening market conditions.

US West Texas Intermediate (WTI) crude for April delivery dropped by 70 cents, or 0.9%, to $78.49 per barrel, following a previous reduction of $1. The March WTI contract saw a modest gain of 36 cents or 0.45%, settling at $79.55 per barrel before expiring during the session. Notably, there was no WTI settlement on Monday due to a US public holiday.

The decline in crude prices was attributed to subdued trading activity during the Presidents’ Day holiday in the US, alongside ongoing geopolitical tensions in the Middle East. Concerns regarding a potential humanitarian crisis persisted due to escalating conflicts in the region. Hydrogen scenarios

Geopolitical tensions also affected shipping, with increased attacks on shipping lanes by Iran-aligned Houthis. These attacks posed threats to energy markets by targeting multiple vessels with drone and missile strikes since Friday.

Despite geopolitical concerns in major oil-producing regions, worries about declining global demand remained prominent among crude investors. China’s announcement of a substantial reduction in the benchmark mortgage rate on Tuesday failed to elicit a positive response from the crude market, highlighting underlying demand issues in the country.

Further exacerbating bearish sentiment was a recent report from the International Energy Agency (IEA), which revised downward its 2024 oil demand growth forecast to 1.22 million barrels per day (bpd), significantly lower than OPEC’s projection of 2.25 million bpd.

The disparity in forecasts between the IEA and OPEC reflects broader disagreements regarding the transition to renewable energy. Hydrogen scenarios

While the IEA predicts oil demand peaking by 2030, OPEC anticipates continued growth in oil use over the next two decades. These conflicting perspectives contribute to the overall uncertainty and volatility in the oil market.

Oil prices underwent a downturn on Tuesday amidst prevailing uncertainty regarding the global demand outlook. Brent futures experienced a decline of $1.44 or 1.7%, settling at $82.12 per barrel by 11:27 a.m. EST (1627 GMT). Concurrently, the six-month spread for Brent reached its highest level since October, signaling tightening market conditions. US West Texas Intermediate (WTI) crude for April delivery dropped by 70 cents, or 0.9%, to $78.49 per barrel, following a previous reduction of $1. The March WTI contract saw a modest gain of 36 cents or 0.45%, settling at $79.55 per barrel before expiring during the session. Notably, there was no WTI settlement on Monday due to a US public holiday. The decline in crude prices was attributed to subdued trading activity during the Presidents’ Day holiday in the US, alongside ongoing geopolitical tensions in the Middle East. Concerns regarding a potential humanitarian crisis persisted due to escalating conflicts in the region. Geopolitical tensions also affected shipping, with increased attacks on shipping lanes by Iran-aligned Houthis. These attacks posed threats to energy markets by targeting multiple vessels with drone and missile strikes since Friday. Despite geopolitical concerns in major oil-producing regions, worries about declining global demand remained prominent among crude investors. China's announcement of a substantial reduction in the benchmark mortgage rate on Tuesday failed to elicit a positive response from the crude market, highlighting underlying demand issues in the country. Further exacerbating bearish sentiment was a recent report from the International Energy Agency (IEA), which revised downward its 2024 oil demand growth forecast to 1.22 million barrels per day (bpd), significantly lower than OPEC's projection of 2.25 million bpd. The disparity in forecasts between the IEA and OPEC reflects broader disagreements regarding the transition to renewable energy. While the IEA predicts oil demand peaking by 2030, OPEC anticipates continued growth in oil use over the next two decades. These conflicting perspectives contribute to the overall uncertainty and volatility in the oil market.

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Recycling collaboration launches Finland’s largest facility

Syklo Ltd., a Finnish leader in circular economy initiatives, is set to collaborate with Impact Recycling Ltd. from the UK to establish Finland’s largest plastic recycling facility, projecting to escalate the country’s plastic recycling capacity by up to 50 percent. This venture marks a significant stride in European recycling endeavors, distinguished by innovative technology that promises unparalleled yield and material utilization rates.

Scheduled for commissioning in 2025, the plant, located in Hyvinkää, Finland, will deploy Impact Recycling’s pioneering BOSS technology to segregate various plastic types from post-consumer mixed waste streams.  Hydrogen scenarios

With an anticipated annual output of 50,000 tonnes, the facility will specialize in extracting and recycling plastics from streams conventionally earmarked for incineration.

Syklo’s CEO, Teemu Koskela, lauds the project as a game-changer in Europe’s circular economy landscape, aiming to augment Finland’s plastic packaging recycling rate by up to 20 percent. The company envisions extending its impact across the Nordic countries, the Baltics, and beyond.  Hydrogen scenarios

Integral to the recycling process are two patented technologies from Impact Recycling: BOSS and PRE. BOSS facilitates the separation of plastics with minute density discrepancies, while PRE additive technology ensures the production of high-quality recycled plastic granules, ideal for premium consumer-grade products.

David Walsh, CEO of Impact Recycling, emphasizes the strategic collaboration’s potential to revolutionize recycling practices and propel Europe toward a genuinely sustainable circular economy.

Syklo’s state-of-the-art facility will incorporate advanced water management systems to distill and reuse wastewater, mitigating environmental impact.

Koskela underscores the facility’s efficiency, boasting a 20 percent enhancement over prevailing methods.  Hydrogen scenarios

Driven by a commitment to innovation and sustainability, Syklo aims to spearhead transformative change in the circular economy sector, heralding a more environmentally conscious future.

Hydrogen scenarios

New findings on shedding behaviour of polyester

Ethanol bath employed to distinguish nanoplastics from clumps of oligomers.

Plastic household items and clothing made of synthetic fibres release microplastics and those less than five millimetres in size can enter the environment unnoticed. A small proportion of these particles are so small that they are measured in nanometres and are the subject of intensive research because they can be absorbed into the human body. As of today, however, little is known about their potential toxicity.

Swiss researchers from Bernd Nowack’s group at Empa’s Technology and Society laboratory have now joined forces with colleagues from China to take a closer look at such nanoparticles released from textiles.  Hydrogen scenarios

In earlier studies, Empa researchers were already able to demonstrate that both micro and nanoplastics are released when polyester is washed but a detailed examination of the nanoparticles has now shown that not everything that appears to be nanoplastic at first glance actually is.

Oligomers

To a considerable extent, the released particles were so-called oligomers – small to medium-sized molecules that represent an intermediate stage between the long-chained polymers and their individual building blocks, the monomers. Hydrogen scenariosHydrogen scenarios

These molecules are even smaller than nanoplastic particles and hardly anything is known about their toxicity either.

The researchers published their findings in the journal Nature Water. Twelve different polyester fabrics were washed up to four times and the nanoparticles released in the process were analyzed and characterised, which was not an easy task.

“Plastics, especially nanoplastics, are everywhere, including on our devices and utensils,” says Bernd Nowack. “When measuring nanoplastics, we have to take this ‘background noise’ into account.”  Hydrogen scenarios

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Hydrogen scenarios

Hydrogen: scenarios

Professor Roberto Cipollone elaborates on the multifaceted nature of hydrogen, delineating its properties, applications, production methods, costs, and pivotal role in the ongoing energy transition.

Hydrogen, in its elemental form, is an odorless, colorless gas not naturally occurring in a pure state but rather bound within compounds found in nature, necessitating artificial production.

Its combustion yields substantial energy, about three times that of conventional fossil fuels, with only water as a byproduct, making it a promising alternative fuel source for carbon-free energy production and various industrial processes. Hydrogen scenarios

Presently, hydrogen finds utility in diverse sectors such as the chemical, oil refining, metallurgical, and agricultural industries. As an energy carrier, it demonstrates superior environmental credentials, emitting solely water vapor upon combustion.

Currently, the majority of hydrogen production, over 95%, employs methane reforming, a process reliant on fossil fuels and associated with carbon emissions. Electrolysis, which splits water into hydrogen and oxygen using electricity, represents a cleaner but energy-intensive method.  Hydrogen scenarios

Costs associated with hydrogen production hinge on factors like methane and electricity prices, as well as carbon emissions. While forecasts anticipate declining costs, uncertainty looms due to market dynamics and technological advancements.

In the context of the energy transition, hydrogen holds a crucial role in mitigating carbon emissions and facilitating the shift towards renewable energy sources, aligning with the objectives outlined in the Paris Agreement. However, the realization of these goals hinges on addressing technological, economic, and environmental challenges associated with hydrogen production and utilization.  Hydrogen scenarios

Hydrogen: scenarios

Aimplas is actively engaged in the RECIMAP Project, a collaborative initiative aimed at recycling blended cotton and polyester fabric waste

This endeavor seeks to address the challenge of effectively recycling multi-material waste prevalent in the textile industry, which is often disposed of through incineration or landfill due to its complexity.  Hydrogen scenarios

Led by Bespoke Factory Group and supported by funding from the Valencian Innovation Agency (AVI), the project involves partners such as Aimplas, the Universitat de València, and the Consorcio Valencia Interior V3. By leveraging innovative approaches, RECIMAP aims to promote a sustainable circular economy within the textile sector.

Belén Taroncher, a researcher at Aimplas, emphasizes the significance of the project in light of anticipated increases in textile waste, driven in part by European regulations on extended producer responsibility (EPR).  Hydrogen scenarios

The project focuses on developing a novel recycling pathway that converts complex waste into high-quality recycled materials, including lactic acid crucial for polylactic acid (PLA) production.

Through selective separation techniques utilizing ionic liquids, RECIMAP aims to extract cotton and polyester blends, offering a more environmentally friendly alternative to conventional solvents.

The polyester fraction undergoes mechanochemical processes to produce recycled polyester, while the cotton fraction is utilized in lactic acid fermentation.

Taroncher underscores the project’s dual benefits of environmental sustainability and economic value, with recycled polyester having a lower carbon footprint than virgin polyester.  Hydrogen scenarios

Funding for the RECIMAP Project is provided by the Valencian Community government through AVI, with co-financing from the European Union’s ERDF Valencian Community Programme 2021-2027 under the call for Strategic Projects in Cooperation 2022.

Aimplas is actively engaged in the RECIMAP Project, a collaborative initiative aimed at recycling blended cotton and polyester fabric waste

Global interest in US R-PET market intensifies in both feedstock, finished product

As global markets continue to become more interconnected, many regions outside the US have taken interest in the domestic recycled polyethylene terephthalate (R-PET) market as both a potential area of feedstock supply, as well as a destination for finished flake and pellet cargoes.  Hydrogen scenarios

Market participants confirm they have seen a notable rise in imported R-PET activity from Asia and Latin America, particularly due to their cost-competitive position in light of cheaper ocean freight rates in 2023.

US recyclers were heard to be supplementing their operations with imported feedstock.  Several recyclers now purchase cheap spot or imported R-PET flake to process into their food grade pellet product, and potentially redirecting their internally produced flake from high cost domestic bale feedstock to sell directly to customers.  Hydrogen scenarios

In the long term, the US will have to seek imports of bale or flake feedstock, not just due to the cost driver but to feed growing plastic recycling capacities amid stagnant plastic collection rates domestically.

Recently released trade data from the US Census Bureau shows US imports of plastic scrap – noted by the HS code 3915- continue to increase, having jumped 5% year on year to a total of 446,778 tonnes in 2023.  Hydrogen scenarios

Plastic scrap imports include items such as used bottles, but also other forms of recycled feedstock such as purge, leftover pairings and now also flake material.

Specifically, polyethylene terephthalate (PET) scrap imports increased substantially in 2023, jumping 33% year on year to a record setting 204,278 tonnes in 2023.

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Global interest in US R-PET market intensifies in both feedstock, finished product

Expert urges global ‘avoidance and prudence’ to eliminate plastic pollution

Marine biologist underscores the need for individual and state-level responsibility amidst ongoing UN negotiations on a global plastics treaty.

The principle of “avoidance and prudence” should be the motto for both individuals and states on using plastics in all aspects of life, according to a concerned academic.

Sedat Gundogdu, a marine biologist at Cukurova University in the southern Turkish city of Adana, told Anadolu that he has been doing research into plastic pollution as he serves on a board of spokespersons of a coalition of scientists pushing for an effective plastics agreement. Hydrogen scenarios

“Together with this coalition, we are trying to voluntarily provide scientific information to states participating in negotiations of a UN plastics agreement for use in negotiations,” he said.

There have been three negotiations about the treaty so far – in Uruguay, Kenya and France, and the fourth is planned for Canada next April, he noted.

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Solutions for processing recycled fibres

Swiss manufacturers offer perfect matches for circularity.

Many end-users now expect recycled materials to be in textile-based products they purchase and this is definitely driving innovation throughout the industry. However, there are still many technical and economic issues facing yarn and fabric producers using recycled resources. Members of the Swiss Textile Machinery Association offer some effective solutions to these challenges. Hydrogen scenarios

Synthetic recycled materials such as PET can usually be treated similarly to new yarn, but there are additional complexities where natural fibres like wool and cotton are involved. Today, there’s a trend towards mechanically recycled wool and cotton fibres. Thanks to companies like Rieter, Autefa, Steiger and Uster Technologies, such materials can now be processed. Machinery and services from these companies support further processing of recycled fibres to meet required quality standards. Swiss Textile Machinery member Stäubli also demonstrates what it means to fully embrace circularity concepts.

Spinning recycled cotton

The use of mechanically recycled fibres in spinning brings specific quality considerations: they have higher levels of short fibres and neps – and may often be coloured, particularly if post-consumer material is used. It’s also true that recycled yarns have limitations in terms of fineness. Hydrogen scenarios

The Uster Statistics 2023 edition features an extended range of fibre data, supporting sustainability goals, including benchmarks for blends of virgin and recycled cotton.

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Solutions for processing recycled fibres

Hydrogen scenarios

Circular plastics – University to share in £100 million funding to lead major science and technology hub to reduce plastic waste 20-02-2024

Circular plastics – University to share in £100 million funding to lead major science and technology hub to reduce plastic waste 20-02-2024

Circular plastics

In a dramatic maritime incident on Monday (19), the Red Sea became the site of a perilous confrontation involving Houthi forces and a British vessel

The Houthi group claimed responsibility for the attack on the British merchant ship Rubymar, resulting in its sinking in the Gulf of Aden, as reported by Sky News Arabia.

According to Yahya Saria, a military representative of the Houthi movement, the crew of the Rubymar was safely evacuated during the operation. This development unfolds against a backdrop of escalating tension in the region, marked by intensified clashes between the Houthis and international forces.

Additionally, a video circulating on social media purportedly depicts the moment of the Rubymar’s sinking, though the authenticity of the footage remains unconfirmed pending independent verification. Circular plastics

Confirming the attack on the Rubymar, the United States Central Command (CENTCOM) specified that the British ship was struck by a missile. CENTCOM further noted that the crew was safely evacuated and transported to the nearest port by a commercial vessel providing assistance, accompanied by a US-led coalition naval vessel.

The incident did not conclude with the Rubymar’s sinking. The Houthis also claimed responsibility for shooting down a US reconnaissance drone, underscoring the complexity and peril of the conflict in the Red Sea region.

In a dramatic maritime incident on Monday (19), the Red Sea became the site of a perilous confrontation involving Houthi forces and a British vessel

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University to share in £100 million funding to lead major science and technology hub to reduce plastic waste

The University’s Centre for Enzyme Innovation (CEI) will lead the Preventing Plastic Pollution with Engineering Biology (P3EB) Mission Hub to support the transition towards a circular plastics economy in the UK.

The University of Portsmouth is to share in £100 million of funding, it has been announced by the Department for Science, Innovation & Technology (DSIT) today (9 February).

The money will be given to six new ‘Engineering Biology Mission Hubs’ and 22 ‘Mission Award’ projects across the country, that will look to build on Engineering Biology’s enormous potential to address global challenges, drive economic growth, and increase national resilience.  Circular plastics

The University’s Centre for Enzyme Innovation (CEI) will lead the Preventing Plastic Pollution with Engineering Biology (P3EB) Mission Hub, which also includes Bangor University, University of Cambridge, University of Edinburgh, Imperial College London, University of Manchester, and University College London. The P3EB Mission Hub will receive £11.2 million from the “UKRI Technology Missions Fund” over the next 5 years, with £3.5 million supporting the CEI in Portsmouth.

The P3EB Mission Hub is a pioneering initiative aimed at transforming end-of-life plastic waste using cutting-edge engineering biology technologies. Working in partnership, the CEI will use its transformative enzyme technology to impart value into plastic waste, incentivising its recovery and retention, and so reducing the amount destined for landfill, for incineration, or being discarded into our environment.  Circular plastics

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Circular plastics

Caprolactam Prices In Europe Have Remained Stable, Reflecting sluggish downstream Demand

In recent weeks of February 2024, the price of Caprolactam in the European market has remained within a steady price range, even as feedstock prices for Benzene and Naphtha have risen. Meanwhile, the global energy market is grappling with uncertainties stemming from geopolitical conflicts, weather-related disruptions, and evolving economic conditions. Ongoing geopolitical tensions in the Middle East are contributing to fluctuations in oil futures. Circular plastics

The price of Crude oil appreciated by 4% during the week ending 16th February 2024, this marks a significant increase from the beginning of the week, when the international benchmark was trading at approximately $78 per barrel. However, it’s noteworthy that these prices are similar to the levels observed when the Yemeni Houthis started attacking ships in the Red Sea. Redirecting vessels from the Suez Canal to the Cape of Good Hope extends the journey between Asia and Europe by more than a week.

The rise in crude oil prices has not impacted the Caprolactam market, as weak demand from downstream industries has led to a decrease in fresh orders and reduced operational rates of Caprolactam production across Europe. Downstream manufacturers’ purchasing activity for Caprolactam has continued to decline sharply, as companies report reduced production needs and ongoing efforts to streamline inventory. Circular plastics

On the demand side, the downstream textile and automotive sectors did not perform well in the German market. The downstream Polyamide 6 market remained stagnant and showed little movement in the domestic German market.

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Circular plastics

French Firm Forms JV With Dallas Recycler to Service Automotive and Other Industries

Part of Forvia Group, the largest supplier to the automotive industry in France, Materi’act’s JV with PCR Recycling aims to accelerate the development and delivery of recycled compounds.

At a Glance

  • Deal is expected to help spark demand in North America for use of recycled plastics in automotive and other industries
  • Compounds with up to 85% CO2 reduction will be offered by 2030
  • Applications include a range of automotive products such as instrument and door panels

France’s Materi’act is setting up a joint venture in Dallas, TX, with PCR Recycling to accelerate the development and delivery of recycled compounds for sustainable automotive parts with up to 85% CO2 reduction by 2030. Materi’act is part of the Forvia group, France’s first- and the world’s seventh-largest automotive technology supplier. Tier I Faurecia is a sister company.  Circular plastics

The mission of the joint venture — Materi’act Dallas — is to secure a local, long-term feedstock of post-consumer recycled plastics and to produce recycled polymers to meet the growing needs of the automotive industry in North America. The newly formed company will collect feedstocks and recycle, refine, formulate, and compound the recycled polymers to meet carmakers’ stringent requirements.

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French Firm Forms JV With Dallas RecyclerCircular plasticsto Service Automotive and Other Industries

Owens Corning assesses fiberglass alternatives

Owens Corning, a leading American company, is currently assessing its fiberglass reinforcements business for potential strategic shifts, including the possibility of divestment or a spin-off of its Glass Reinforcements division.

The Glass Reinforcements division, nestled within its Composites segment, is responsible for the manufacturing and distribution of glass fibers utilized for reinforcing plastic materials. With operations spanning 18 plants across 11 countries and boasting a revenue of approximately $1.3 billion, this division primarily serves sectors such as wind energy, infrastructure, transportation, and industrial components.  Circular plastics

It’s important to note that certain products, such as non-wovens derived from glass fibers and WearDeck—a high-density polyethylene composite for exterior building applications, which does not contain wood—are excluded from this strategic evaluation.

To navigate this potential transformation, Owens Corning has engaged Morgan Stanley & Co. as its financial advisor. Their role involves conducting a comprehensive review of strategic alternatives, which may encompass a sale of assets or the spin-off of the division. However, the company has not specified a definitive timeline for these actions, indicating a deliberate and thorough approach to this process.

Owens Corning assesses fiberglass alternatives

TOMRA acquires stake in AI waste flow monitoring start-up

In a bid to improve its position in the AI space, TOMRA has acquired a 25% stake in start-up PolyPerception, which develops AI-based waste flow monitoring for PET recyclers and sorting plants.  Circular plastics

PolyPerception measures data at key points in the sorting process to unlock continuous quality assessment in sorted streams and identify the loss of good material in the residual stream. In turn, it is set to contribute to data-driven decisions.

It is also set to function as an automated compliance system. As local legislation and rules surrounding food-grade recycling become more rigorous, PolyPerception expects its technology to increase in demand.

After its initial collaboration with PolyPerception in December 2022, TOMRA expects that its stake in the company will strengthen its position in the artificial intelligence space and benefit its own pursuit of improved resource recovery.  Circular plastics

Dr. Volker Rehrmann, head of TOMRA Recycling, explained: “By expanding our cooperation with PolyPerception, we can combine our advanced material sorting systems and cloud-based monitoring solution with the company’s innovative material analysis.

TOMRA acquires stake in AI waste flow monitoring start-up

Collaborative Recycling Initiative Involving Greiner Packaging and Partners

Several companies, including Greiner Packaging, Siegwerk, and Krones, have joined forces on a recycling venture focused on polypropylene (PP) and polystyrene (PS) cups. Utilizing the hot caustic washing method, they successfully deinked and transformed rigid containers into high-quality white recyclates, defying the notion that these containers were unrecyclable according to certain Design for Recycling Guidelines. This process, commonly used in polyethylene terephthalate bottle recycling, effectively maintained ink formulation and print design integrity.  Circular plastics

The initiative’s significance extends beyond mere recycling, as it highlights the potential of advanced recycling facilities. Notably, the findings emphasize the importance of reconsidering the impact of printing inks and coatings on the recycling process, advocating for the adoption of the test standard specified under DIN SPEC 91496—a viewpoint supported by the European Printing Ink Association.

These collaborative efforts mark a step forward in fostering a more efficient and sustainable circular packaging economy. Notably, Greiner Packaging recently partnered with Yaza, a dairy products company, to introduce traditional Mediterranean labneh in environmentally friendly packaging. The broader implication of these partnerships and initiatives underscores a collective commitment to innovation and sustainability in packaging solutions.  Circular plastics

Collaborative Recycling Initiative Involving Greiner Packaging and Partners

MEGlobal has recently unveiled its Asian Contract Price (ACP) for monoethylene glycol (MEG) slated for March 2024, setting it at US$850 per metric ton CFR (Cost and Freight) Asian main ports, according to a company announcement

This pricing decision for March 2024 is emblematic of the prevailing supply and demand dynamics in the Asian MEG market, as stated by MEGlobal.

It’s worth recalling that in the preceding month, MEGlobal had proposed its February 2024 MEG Asian Contract Price (ACP) at $850 per tonne, marking a $10 per tonne uptick compared to January’s ACP.

The pricing structure remains on a CFR Asia basis.  Circular plastics

MEG, a vital chemical compound used in various industries such as textiles, packaging, and automotive, has been subject to fluctuating market conditions influenced by factors like production levels, global economic trends, and regional demand patterns. MEGlobal’s pricing strategy reflects its response to these intricate market dynamics.

The ACP announcement serves as a crucial indicator for market participants, providing insight into short-term pricing trends and allowing businesses to make informed decisions regarding procurement, inventory management, and pricing strategies.

The stability and competitiveness of MEGlobal’s pricing play a pivotal role in shaping the broader market landscape, influencing trade flows, investment decisions, and profitability across the MEG value chain. Circular plastics

Moreover, the transparency and clarity offered by MEGlobal through its regular ACP announcements contribute to fostering trust and confidence among industry stakeholders, facilitating smoother transactions and fostering long-term partnerships.

Looking ahead, stakeholders in the MEG market will closely monitor developments in supply and demand dynamics, as well as macroeconomic factors, to anticipate future pricing trends and adjust their strategies accordingly.

In conclusion, MEGlobal’s announcement of the ACP for March 2024 underscores its commitment to providing clarity and transparency in pricing while navigating the complexities of the dynamic MEG market landscape.  Circular plastics

MEGlobal has recently unveiled its Asian Contract Price (ACP) for monoethylene glycol (MEG) slated for March 2024, setting it at US$850 per metric ton CFR (Cost and Freight) Asian main ports, according to a company announcement

PET Chemical Recycling – German plastics are currently facing a crisis looming on the horizon 19-02-2024

Circular plastics

PET Bottle Grade – De Nora and Mangrove have reached an agreement on lithium refining 19-02-2024

PET Bottle Grade

PET Bottle Grade

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET Bottle Grade

PET Bottle Grade

Polyestertime
ITEM 12/02/2024 19/02/2024 +/-
Bottle grade PET chips domestic market 7,075 yuan/ton 7,150 yuan/ton +75
Bottle grade PET chips export market 905 $/ton 915 $/ton +10
Filament grade Semidull chips domestic market 6,930 yuan/ton 7,010 yuan/ton +80
Filament grade Bright chips domestic market 6,930 yuan/ton 7,010 yuan/ton +80
Pure Terephthalic Acid PTA domestic market 5,930 yuan/ton 5,995 yuan/ton +65
Pure Terephthalic Acid PTA export market 730 $/ton 740 $/ton  

+10

 

Monoethyleneglycol MEG domestic market 4,660 yuan/ton 4,720 yuan/ton
+60
Monoethyleneglycol MEG export market 545 $/ton 547 $/ton +2
Paraxylene PX FOB  Taiwan market

PET Bottle Grade

1,017 $/ton 1,038 $/ton
+21
Paraxylene PX FOB  Korea market 995 $/ton 1,016 $/ton +21
Paraxylene PX FOB EU market 1,120 $/7on 1,150 $/ton +30
Polyester filament POY 150D/48F domestic market 7,730  yuan/ton 7,830 yuan/ton
+100
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 9,050 yuan/ton
Polyester filament FDY 68D24F

PET Bottle Grade

9,150 yuan/ton 9,150 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,430 yuan/ton 8,450 yuan/ton +20
Polyester staple fiber 1.4D 38mm domestic market 7,350 yuan/ton 7,480 yuan/ton +130
Caprolactam CPL domestic market 13,750 yuan/ton 13,950 yuan/ton
+200
Caprolactam CPL overseas  market 1,670 $/ton 1,700 $/ton +30
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,600 yuan/ton 14,800 yuan/ton +200
Nylon 6 chips  high speed spinning domestic  market

PET Bottle Grade

15,050 yuan/ton 15,300 yuan/ton +250
Nylon 6.6 chips domestic  market 19,750 yuan/ton 20,500 yuan/ton +750
Nylon6 Filament POY 86D/24F domestic  market 17,150 yuan/ton 17,250 yuan/ton +100
Nylon6 Filament DTY 70D/24F domestic  market 19,300 yuan/ton 19,450 yuan/ton- +150
Nylon6 Filament FDY  70D/24F  18,200 yuan/ton 18,300 yuan/ton +100
Spandex 20D  domestic  market

PET Bottle Grade

34,200 yuan/ton 34,200 yuan/ton
Spandex 30D  domestic  market 32,700 yuan/ton 32,700 yuan/ton
Spandex 40D  domestic  market  29,700 yuan/ton 29,700 yuan/ton
Adipic Acid domestic market 10,000 yuan/ton 10,100 yuan/ton +100
Benzene domestic market

PET Bottle Grade

8,580 yuan/ton 8,800 yuan/ton +220
Benzene overseas  market 1,032 $/ton 1,039 $/ton
Ethylene South East market 950 $/ton 950 $/ton
Ethylene NWE market CIF 738 $/ton  942 $/ton +204
Acrylonitrile ACN  domestic market

PET Bottle Grade

9,200 yuan/ton 9,200 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,050 yuan/ton 13,200 yuan/ton +150
PP Powder domestic market

PET Bottle Grade

7,070 yuan/ton 7,100 yuan/ton +30
Naphtha overseas market  666 $/ton 687 $/ton +21
Phenol domestic market 7,582 yuan/ton 8,012 yuan/ton +430

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

PET Bottle Grade

PET Feedstocks – Repol gets certification for recycled content for a polyamide grade 12-02-2024

De Nora and Mangrove have reached an agreement on lithium refining

Industrie De Nora, a prominent figure in electrochemistry and a frontrunner in sustainable technologies, has forged a partnership with Mangrove Lithium.

This collaboration entails Mangrove harnessing De Nora’s electrochemical expertise to refine lithium extracted from mines and recycled from spent batteries.

The refined lithium will be utilized in the production of new batteries, thus alleviating bottlenecks in the lithium supply chain.  PET Bottle Grade

Frank Tomaselli, De Nora North America’s Chief Regional Officer, expresses pride in the partnership, affirming its significance on the global stage and its role in expanding market reach. He underscores the collaboration’s positive impact on the energy storage sector and De Nora’s commitment to the circular economy.

Saad Dara, Mangrove’s CEO, echoes enthusiasm for the collaboration, citing admiration for De Nora’s facilities and operational prowess observed during a visit to Japan. Dara emphasizes the pivotal role De Nora’s expertise and extensive experience will play in Mangrove’s pursuit of a sustainable lithium supply chain. Together, they aim to overcome current bottlenecks hindering seamless progression from lithium extraction to battery production.  PET Bottle Grade

De Nora and Mangrove have reached an agreement on lithium refining

CARBIOS and De Smet Engineers & Contractors Join Forces to Build World’s First PET Biorecycling Plant

new beacon of hope in the battle against plastic pollution emerges as CARBIOS and De Smet Engineers & Contractors join forces to construct the world’s first PET biorecycling plant in Longlaville, France. This groundbreaking partnership, announced on February 15, 2024, aims to revolutionize the way we manage plastic waste by harnessing the power of enzymatic depolymerization. French biotech company CARBIOS, renowned for its innovative solutions to plastic pollution, has teamed up with De Smet Engineers & Contractors, a global leader in the engineering and construction of processing plants. Their shared vision: to create a sustainable future for plastics and textiles by accelerating the transition to a circular economy.

The collaboration comes at a crucial time, as the world grapples with the devastating environmental impact of plastic waste. By combining CARBIOS’ expertise in biological processes with De Smet’s engineering prowess, the partners aim to develop an industrial-scale solution for enzymatically breaking down PET waste.

The World’s First PET Biorecycling Plant

Set to be commissioned in 2025, the state-of-the-art facility will be located in Longlaville, France. With a processing capacity of 50,000 tons of post-consumer PET waste per year, the plant will produce an alternative raw material for PET producers, offering a sustainable alternative to fossil-based monomers.

Upon completion, the PET biorecycling plant is expected to create 150 direct and indirect jobs in the region, contributing not only to environmental conservation but also to local economic growth.

A pioneering partnership between CARBIOS and De Smet Engineers & Contractors aims to build the world’s first PET biorecycling plant in Longlaville, France. This innovative project will enable enzymatic depolymerization of PET waste, creating a sustainable alternative to fossil-based monomers and addressing the global issue of plastic pollution.

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CARBIOS and De Smet Engineers & Contractors Join Forces to Build World's First PET Biorecycling Plant

PET Chemical Recycling – German plastics are currently facing a crisis looming on the horizon 19-02-2024

PET Chemical Recycling

Yemen’s Houthi rebels have once again targeted a commercial ship in the Red Sea

This particular vessel flies the Greek flag but is owned by a US company. According to the maritime security company Ambrey, the ship fell victim to a double missile attack, fortunately missing its intended target.

Thankfully, there were no reported injuries or damage, and the ship continues its journey toward the Gulf of Aden.

The United Kingdom Maritime Trade Operations, overseen by the British Navy, acknowledges that the ship experienced “an explosion in the vicinity” but without significant consequences. PET Chemical Recycling

However, the Houthis claim to have struck another cargo ship, this time British, which they believe suffered substantial damage. Additionally, they assert that they shot down a US drone over their territory.

The naval conflict in the Red Sea persists. On Saturday, February 17, the United States launched five attacks against the Houthi group’s positions in Yemen.

This military campaign was initiated by Washington in response to the Yemeni armed group’s threat to global trade passing through the Red Sea.

The trigger for this retaliation was Israel’s military operation in Gaza, which followed the Hamas terrorist attack on October 7, 2023. PET Chemical Recycling

Houthi spokesman Yahya Saree, in a televised speech, revealed that the cargo ship Rubymar sustained “catastrophic damage” and came to a complete halt.

He emphasized that the ship now faces the risk of potential sinking in the Gulf of Aden. During the operation, the Houthi forces ensured the safe evacuation of the ship’s crew. Ambrey, a British maritime security firm, confirmed that the Rubymar is a UK-registered, Belize-flagged, Lebanese-operated cargo ship targeted by the Houthi military group controlling part of Yemen on Sunday, February 18.

The United Kingdom Maritime Trade Operations (UKMTO) also verified the incident, although without naming the ship specifically.  PET Chemical Recycling

Yemen’s Houthi rebels have once again targeted a commercial ship in the Red Sea

PET Bottle Grade – De Nora and Mangrove have reached an agreement on lithium refining 

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PET Chemical Recycling

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German plastics are currently facing a crisis looming on the horizon

The German plastics industry finds itself grappling with a crisis as the processing sector experienced a significant downturn in sales, plummeting by approximately 6% last year due to challenges within the domestic market. The industry’s turnover for 2023 amounted to 72.5 billion euros, marking a stark decline from the previous year’s 77.1 billion euros. Unfortunately, the forecasts for the current year do not paint a much brighter picture.

Domestic sales took a severe hit, plunging by 9.4% to 42.3 billion euros, signaling a broader industrial crisis within Germany.

In contrast, exports managed to maintain stability, hovering around 30.2 billion euros, with a slight increase in export share to 41.8%. However, the volume of polymers processed in Germany saw a notable decrease, totaling 12.7 million tonnes, down by 9% compared to 2022. PET Chemical Recycling

Employment in the sector also experienced a decline of 2.2%, totaling 319,264 units, while the number of processing companies remained relatively stagnant at just under three thousand. The industry association, Gesamtverband Kunststoffverarbeitende Industrie (GKV), led by Bavarian entrepreneur Helen Fürst, has criticized the German Government, urging them to implement a new development agenda promptly to reignite growth within the industry within the next two to three years.

According to the association, the crisis is primarily structural, rather than cyclical, stemming from unfavorable conditions faced by the German industry, including impending policies like the plastic tax.

The proposed growth agenda should address key issues such as energy costs, bureaucratic hurdles, investments, and digitalization. PET Chemical Recycling

In terms of sector performance, packaging experienced a significant decline in both volume and turnover, while construction and consumer goods sectors also faced substantial challenges, albeit with some segments managing to maintain stability or even slight growth.

PET Chemical Recycling

Canada emphasizes that China has a significant responsibility in ensuring the safety of the Red Sea

Canada’s Foreign Minister, Melanie Joly, emphasized the imperative role of China in safeguarding the Red Sea for maritime trade amidst Yemen’s Iran-aligned Houthi attacks on commercial vessels, exemplified by the recent missile strike on the oil tanker M/T Pollux. Joly stressed that given the presence of Chinese ships in the area, Beijing should actively contribute to ensuring the Red Sea’s security and cease aiding Russia in bypassing global sanctions. PET Chemical Recycling

During discussions with China’s Foreign Minister Wang Yi, Joly underscored the necessity for China to exert its influence on the Houthis to maintain open navigation routes in the Red Sea, aligning with China’s interests as a major exporter. The attacks, purportedly in solidarity with Palestinians in Gaza, have disrupted vital trade passages between Asia and Europe, impacting China-bound shipments.

Moreover, Joly pressed for solidarity in upholding Western sanctions against Russia amid the ongoing conflict in Ukraine, cautioning against China becoming a loophole in the sanction framework. Highlighting Russia’s emergence as China’s primary crude oil supplier despite sanctions, she underscored the utilization of intermediary traders by Chinese refiners to mitigate sanctions breaches. PET Chemical Recycling

Following the meeting, Minister Yi acknowledged the necessity to mend Canada-China relations strained by diplomatic tensions stemming from the detention of a Chinese telecommunications executive by Canadian authorities in late 2018, followed by reciprocal arrests by Beijing. The relationship endured further strain amid allegations of Chinese interference in Canadian elections, countered by Chinese denial.

Canada emphasizes that China has a significant responsibility in ensuring the safety of the Red Sea

Artificial photosynthesis harnesses carbon dioxide (CO2) to produce eco-friendly biodegradable plastic

A groundbreaking artificial photosynthesis technique has been devised, heralding a significant stride in the creation of biodegradable plastics. Developed by researchers at Osaka Metropolitan University in Japan, this innovation aims to address the pressing environmental challenges posed by both greenhouse gas-induced climate change and plastic pollution.  PET Chemical Recycling

Harnessing a visible light-driven redox system, coupled with biomass-derived compounds and gaseous carbon dioxide (CO2), the method yields chemicals pivotal in the production of fumaric acid. Fumaric acid stands as a crucial component in biodegradable plastics like polybutylene succinate, commonly utilized in food packaging.

Building upon previous research led by Professor Yutaka Amao at the Research Centre for Artificial Photosynthesis, which demonstrated fumaric acid synthesis from bicarbonate and pyruvic acid using solar energy, this latest endeavor achieves a pivotal breakthrough. Despite prior challenges with low yield, the team’s refined approach, employing a new photosensitizer to convert light into usable energy, now doubles the production of fumaric acid compared to conventional methods.  PET Chemical Recycling

Professor Amao underscores the significance of this advancement, highlighting its contribution to the intricate bio/photocatalyst system. He emphasizes the pivotal role this plays in advancing towards a sustainable future, synthesizing fumaric acid from renewable energy sources with unprecedented efficiency.

PET Chemical Recycling

Itelyum, a Lodi-based company specializing in industrial waste management and valorization, has announced a substantial investment in Plasta Rei, focusing on the chemical recycling of PET

The collaborative venture entails the establishment of a depolymerization facility within a defunct factory in Latina province.

Pending regulatory approvals, the initiative aims to reclaim PET food packaging, employing advanced chemical recycling techniques to produce high-quality granules equivalent to virgin material. Plasta Rei’s innovative process boasts an impressive PET recovery rate exceeding 95%, significantly mitigating CO2 emissions compared to conventional non-recycled counterparts.

Backed by Stirling Square Capital Partners and Deutsche Beteiligungs, Itelyum views this foray into plastic recycling as a strategic imperative, leveraging its technological prowess and corporate stability to pursue sustainable development goals. CEO and General Director Marco Codognola underscores the venture’s significance, citing growth opportunities in Italy and beyond.  PET Chemical Recycling

According to Francesco Borgomeo, President and Shareholder of Plasta Rei, Itelyum’s investment underscores the project’s merit and underscores a commitment to transformative innovation in plastics. Established three years ago, Plasta Rei endeavors to revolutionize the sector by repurposing defunct facilities and implementing unconventional production methodologies, as envisioned by its founder Francesco Borgomeo.

Itelyum, a Lodi-based company specializing in industrial waste management and valorization, has announced a substantial investment in Plasta Rei, focusing on the chemical recycling of PET

Jonathan Lee, a structural materials engineer at NASA’s Marshall Space Flight Center, pioneered a groundbreaking technology for crafting brake discs, aimed at optimizing efficiency and performance

Amidst the pandemic hiatus, Lee’s innovative insight focused on reducing wheel mass to decrease energy consumption during braking and acceleration. Contrary to conventional ventilated brake discs, Lee’s solution proposes direct cooling of hot surfaces, eliminating one disc per wheel to reduce weight.  PET Chemical Recycling

The prototype features a single disc adorned with small fins and extended grooves, drawing in cooler external air to dissipate heat efficiently. This design results in a 30% increase in available surface area and a remarkable 40% reduction in assembly weight. Additionally, the redesigned brake pads exhibit enhanced friction and efficacy in dislodging debris, thus bolstering reliability.

Beyond performance enhancements, the technology addresses environmental concerns, particularly the emission of toxic nanoparticles. Marcus Hays, co-CEO of Orbis Brakes, emphasizes the health hazards posed by elevated temperatures in brake pads and resultant particulate emissions. Orbis actively refines its EcoWave design to align with impending Euro 7 standards, aiming to mitigate emissions.  PET Chemical Recycling

In the automotive sector, Orbis offers the NextWave as an aftermarket upgrade for high-performance vehicles, presenting a compelling alternative to factory-installed brakes. As feedback accumulates, Orbis plans to expand its product lines, tailoring solutions for electric vehicles.

In essence, NASA’s breakthrough research aligns with evolving industry standards, providing a promising solution to mitigate brake-related emissions and enhance vehicle performance, spearheaded by Jonathan Lee’s innovative approach.

Jonathan Lee, a structural materials engineer at NASA's Marshall Space Flight Center, pioneered a groundbreaking technology for crafting brake discs, aimed at optimizing efficiency and performance

Aduro Clean Technologies Shares Sample Test Results from its Continuous Flow Unit Experimentation and Optimization Program

Aduro Clean Technologies Inc. , a Canadian technology company using the power of chemistry to transform lower value feedstocks, like waste plastics, heavy bitumen, and renewable oils, into resources for the 21st century, is delighted to provide an update on the significant progress made in confirming and presenting the unique advantages of the Hydrochemolytic™ Technology (HCT).  PET Chemical Recycling

Since commencing the commissioning of its Continuous Flow Plastic Reactor in 2023, Aduro has conducted over 240 test runs on a variety of feedstock compositions, with the longest test stretching to 36 hours. The unit was committed to run experiments both for our Customer Engagement Program (CEP) and to achieve research goals, working with a broad variety of feedstocks and advancing the design of the Next Generation Process. Aduro considers its CEP approach crucial to assuring maximum alignment with market needs and changes therein, and to connect to specialised competences and expertise, and as such the CEP has significantly contributed to the advancement and refinement of Aduro’s Next Generation Process.vv

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Aduro Clean Technologies Shares Sample Test Results from its Continuous Flow Unit Experimentation and Optimization Program

GSE presents iodine ion batteries as an eco-friendly substitute for lithium

Iodine ion batteries were presented as a sustainable alternative to traditional lithium batteries during a conference promoted in Milan by RSE, a company indirectly controlled by the Ministry of Economy through the sole shareholder GSE, with the patronage of the Lombardy region .  PET Chemical Recycling
According to Omar Perego, project manager of the Generation Technologies and Materials Department of RSE, the main advantage of this technology is the use of non-critical materials, such as sodium, which is abundant and distributed in nature, unlike lithium. This makes iodine-ion batteries a more sustainable solution.
RSE states that iodine ion batteries are suitable both for stationary storage, such as domestic self-consumption and grid services, and for use in mobility, constituting a valid alternative to the more widespread lithium batteries. This versatility also makes them competitive in sectors such as energy storage and mobility, ensuring a more sustainable and potentially cheaper option than lithium batteries.  PET Chemical Recycling
GSE presents iodine ion batteries as an eco-friendly substitute for lithium
PET Chemical Recycling

Packaging scrap – Sukano steps into the realm of Hungarian compounding as the Swiss-based company takes the reins of Kays, a key player in the development of technopolymers enriched with recycled materials 17-02-2024

Packaging scrap

Bioplastics production capacity to quadruple by 2028

New figures published by the industry association European Bioplastics suggest a sharp increase in the production of sustainable plastics in the next two years and calls for policy support.

Global production capacity for bioplastics will almost quadruple within the next five years, according to estimates of the Nova Institute on behalf Europan Bioplastics (EUBP, Berlin). According to the market study, the production volume will increase from the current level of around 2.2 million tonnes per year to almost 7.5 million tonnes per year.

The expansion will be driven by the increasing demand for green material, said Hasso von Pogrell, Managing Director of the EUBP. Technical developments in the field of biopolymers such as PLA, PHA (polyhydroxyalkanoates) and polyamides are also making rapid progress. The proportion of biodegradable plastics in the total volume of bioplastics will increase from the current 52% to 62% in 2028. For PHA, an increase from 4.8% to 13.5% is expected for the same period.

At the end of January, the association had published a Policy Manifesto, calling on the future European Commission and co-legislators (EU) to develop a comprehensive Biopolymers Industrial Action Plan to accelerate the growth of the bioplastics industry. EUBP recommends to harmonise regulations to create a fair level playing field for bioplastics incentivising access to sustainable biomass, increase funding for scaling up bioplastics production, and to close infrastructure gaps to create better access to food waste

Bioplastics production capacity to quadruple by 2028

Economic analysts caution of a potential global recession by the conclusion of 2024

The Economic Experts Survey (EES) for the fourth quarter of 2023, conducted by the ifo Institute and the Swiss Economic Policy Institute, paints a concerning picture of the global economy, suggesting a looming risk of recession by the end of 2024.

Gathering insights from 1,431 economic experts across 124 countries, the survey highlights below-average growth expectations, fueling apprehensions across various nations. Packaging scrap

Despite an overall cautious optimism among experts, regional variations underscore the unease. In Eastern Europe and South America, as well as major economies like Ukraine and Germany, concerns are particularly pronounced, with the probability of recession averaging at 34%. Similarly, Northern and Western Europe, along with Northern America, exhibit heightened concerns, with probabilities ranging from 30% to 33%.

The survey indicates significant divergence in recession expectations at the country level. For example, North Macedonia faces a modest 8% likelihood of recession, while Bosnia and Herzegovina brace for a substantial 60% probability. Major economies such as Ukraine, Germany, the UK, and the Netherlands show elevated concerns, with probabilities hovering around 38%.  Packaging scrap

In contrast, Southern Asia, Southern Africa, and Central America and the Caribbean express greater confidence in avoiding recession, with probabilities ranging from 18% to 22%. However, countries like Ecuador and Argentina, recently grappling with recessions, anticipate high probabilities of 48% and 61%, respectively.

Overall, while the global economy faces significant risks, individual country and regional dynamics play a crucial role in shaping the likelihood of recession as we approach the end of 2024.

Packaging scrap

Sukano steps into the realm of Hungarian compounding as the Swiss-based company takes the reins of Kays, a key player in the development of technopolymers enriched with recycled materials

The acquisition sees Sukano securing a majority share in Kays Kft., a Hungarian firm renowned for its expertise in engineering material compounding.

Established in 2004 and proudly family-owned, Kays specializes in formulating technopolymers infused with post-consumer and post-industrial recycled components. Despite their newfound partnership, both entities will maintain their autonomy, catering to distinct yet complementary markets. Sukano’s stronghold lies in the packaging sector, diversifying into durable consumer goods, construction, textiles, and medical domains over the years. On the other hand, Kays primarily serves the automotive, electrical/electronic, and railway industries. Packaging scrap

Founded in 1988, Sukano boasts a Swiss headquarters alongside manufacturing facilities in the United States and Malaysia. The company is renowned for its production of color and additive masterbatches, compounds, and pigments tailored for polyesters, biopolymers, and technopolymers. This strategic move not only expands Sukano’s global footprint but also reinforces its commitment to sustainable practices through the integration of recycled materials into its product portfolio.

Packaging scrap

Trinseo experiences a decrease in sales

In its financial report for the 2023 fiscal year, American company Trinseo disclosed a significant downturn, with revenues plummeting by 26%, from $4.96 billion to $3.67 billion. Adjusted EBITDA stood at $154 million, down from the previous year’s $312 million, resulting in a loss of $701 million.

The decline in sales was primarily driven by a 14% decrease in average prices, attributed to rising raw material costs, coupled with a 12% reduction in sales volumes due to weakened demand, particularly in the construction and durable goods sectors, exacerbated by an unfavorable inventory cycle.  Packaging scrap

Trinseo anticipates a prospective $100 million enhancement in profitability this year, attributed to plant closures and other restructuring measures recently unveiled. These initiatives, spanning Europe and Italy, encompass the cessation of a sheet extrusion line in Rho, which will also host the first demonstration plant for PMMA chemical recycling.

CEO Frank Bozich underscored the ongoing assessment of additional measures to bolster manufacturing flexibility, capitalize on regional cost disparities, and optimize profitability, while concurrently reducing capital expenditures and refining working capital management.

Trinseo experiences a decrease in sales

Government has no plans to address the surplus of petrochemicals

The Government remains passive on the issue of petrochemical oversupply, as Environment Minister Lord Benyon asserts that the responsibility lies with the industry to address the situation. The concern was raised in the House of Lords by Baroness Bennett of Manor Castle, who highlighted the global glut of virgin plastics driving down demand for recycled products. She urged consideration of global production restrictions akin to those applied to fossil fuels used for energy.

Ethylene production, crucial for plastic manufacturing, exceeds demand by approximately 45 million tonnes annually, resulting in closures of recyclers in Europe. The Financial Times attributes this oversupply to increased petrochemical production in China and the US, reminiscent of levels not seen since the 1980s.  Packaging scrap

Lord Benyon acknowledged the oversupply but reiterated the Government’s stance, emphasizing industry leadership. He outlined support measures for the UK Plastics Pact members, including packaging reforms and the plastics tax. While domestic actions are insufficient to sway global markets, the UK remains committed to international efforts such as the High Ambition Coalition to End Plastic Pollution.

Discussions in the House also touched upon implementing a plastic packaging tax and a deposit return scheme (DRS). Benyon announced the DRS commencement in October 2025, projecting job creation and advocating for a UK-wide scheme to prevent cross-border trade imbalances.

Packaging scrap

Eastman, Dentis Group partnership will secure feedstock for planned recycling facility

Dentis subsidiary Nord Pal Plast SA will provide 30,000 metric tons per year of PET packaging scrap to Eastman for use at its planned recycling site in France.

Eastman, a specialty materials company based in Kingsport, Tennessee, has announced a long-term agreement with Nord Pal Plast SA, part of Italian multinational company Dentis Group, which specializes in the recovery and mechanical recycling of polyethylene terephthalate (PET) packaging scrap.  Packaging scrap

Through its mechanical recycling sites in France (Nord Pal Plast SA), Spain (PET Compania Para Su Reciclado) and Italy (Dentis Recycling Italy Srl), Dentis will provide 30,000 metric tons per year of rejected postconsumer PET scrap to Eastman. The companies say these materials currently lack a circular solution and will be recycled at Eastman’s molecular recycling facility in Port-Jerome-sur-Seine, Normandy, in France.

The companies say this partnership underscores the importance and complementary nature of both mechanical and molecular recycling processes in creating a more sustainable future. By combining their expertise and resources, the companies hope to achieve true circularity in the recycling process, maximizing the value of postconsumer materials and reducing environmental impact.  Packaging scrap

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Eastman, Dentis Group partnership will secure feedstock for planned recycling facility

Packaging scrap

Bio-based nylon – Intertape Polymer Group Inc. (IPG®) unveils its latest innovation, ExlfilmPlus® PCR, marking a significant stride towards sustainability in packaging solutions 16-02-2024

Bio-based nylon – Intertape Polymer Group Inc. (IPG®) unveils its latest innovation, ExlfilmPlus® PCR, marking a significant stride towards sustainability in packaging solutions 16-02-2024

Bio-based nylon

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LG Chem and CJ CheilJedang are set to collaborate on the development of bio-based nylon

LG Chem and CJ CheilJedang have announced a collaborative effort to produce bio-based nylon, presenting an eco-conscious alternative to conventional synthetic polymers. This strategic partnership entails the formation of a joint venture, as outlined in a heads of agreement signed by the two entities. While an official revealed that the establishment of the joint company is imminent, specifics remain pending.

Central to this collaboration, CJ CheilJedang will supply LG Chem with pentamethylenediamine, a pivotal component for bio-based nylon fabrication. Leveraging its expertise in producing pentamethylenediamine from lysine derived from corn and sugarcane, CJ CheilJedang is poised to contribute significantly to this initiative. Meanwhile, LG Chem plans to utilize these supplied ingredients to manufacture bio-based nylon products within its facilities, though the decision regarding the construction of new infrastructure remains undecided.  Bio-based nylon

The bio-based nylon products resulting from this partnership are anticipated to cater to diverse industries seeking sustainable alternatives to fossil fuel-derived nylon. LG Chem projects a substantial increase in global demand for bio-based nylon products, forecasting a compound growth rate of 29% by 2028. Industries such as automotive, fashion, and home appliances are expected to adopt these eco-friendly solutions, with LG Chem already engaging in discussions with potential clients, both locally and globally.

This endeavor aligns with LG Chem’s broader strategy, under the leadership of CEO Shin Hak-cheol, to cultivate growth in batteries, eco-friendly materials, and innovative pharmaceuticals. Shin emphasizes the significance of this partnership in advancing towards a low-carbon economy, underscoring LG Chem’s commitment to pioneering sustainable practices within the plastics industry.  Bio-based nylon Bio-based nylon

Viridor Completes Acquisition, Securing Total Ownership of Norwegian Chemical Recycling Firm Quantafuel

UK-based recycling and waste management firm, Viridor, has finalized its acquisition of the Norwegian chemical recycler, Quantafuel, resulting in the delisting of Quantafuel’s shares from Euronext Growth on Feb. 7.

The acquisition, valued at around £90 million, was initially proposed by Viridor a year ago, with additional capital pledged to support Quantafuel’s ongoing development endeavors. By May 2023, Viridor had become the majority shareholder in Quantafuel after the initial offer.

Prior to Viridor’s bid, Quantafuel had disclosed a strategic review in October 2022 to seek financial partnerships to address immediate liquidity challenges and secure long-term stability.  Bio-based nylon

Quantafuel specializes in a plastics-to-liquids process that transforms waste plastics into a raw material akin to virgin fossil fuels, suitable for use in chemical production for manufacturing new plastics.

Notably, its technology excels in recycling plastic films, notoriously difficult to process through conventional mechanical recycling methods, which often result in quality degradation unsuitable for food-grade applications.

Headquartered in Oslo, Quantafuel operates a demonstration plant in Skive, Denmark, with plans to establish facilities in the UK and Dubai.

Lee Hodder, managing director of Viridor, emphasized, “Quantafuel’s integration into Viridor Polymers solidifies our position as a key player in the polymers reprocessing sector, highlighting our joint commitment to innovation and fostering a circular plastic economy.”

Viridor aims to leverage Quantafuel’s foundation to further advance the commercialization of its technology, aligning with the company’s ambition to spearhead innovation in plastic recycling and achieve full plastic circularity by 2025.  Bio-based nylon

Bio-based nylon

Grace has licensed its second UNIPOL polypropylene process technology reactor to China Coal Shaanxi Energy & Chemical Group Co., Ltd., marking a significant expansion in polypropylene production capacity

W.R. Grace & Co. revealed that the agreement entails doubling the annual polypropylene production capacity from 300 to 600 kilotons. Additionally, the deal encompasses the provision of Grace’s UNIPOL UNIPPAC process control software, empowering China Coal Shaanxi Company to enhance metrics such as throughput, onstream time, and continuity.

Situated in Yulin City, Shaanxi province, China, the new reactor line is slated to commence production of high-quality homopolymers, random and impact copolymers, and terpolymers in 2025.  Bio-based nylon

Thomas Deman, President of Specialty Catalysts, Supply Chain, and Procurement at Grace, expressed enthusiasm, stating, “We are thrilled to assist China Coal Shaanxi Company in expanding their PP production capabilities to meet customer demand.” He emphasized the combination of Grace’s UNIPOL PP technology and UNIPOL UNIPPAC process control software as the most rapid and efficient approach for China Coal Shaanxi Company to optimize reactor performance and gain competitive advantages in product differentiation, quality, and cost.

China Coal Shaanxi Company affirmed their satisfaction with the partnership, highlighting Grace’s advanced PP technology, reliable production capabilities, technical service, and UNIPOL UNIPPAC process control software. Grace, a leading global licensor of polypropylene process technology, had secured nearly 2.5 million tons of licensed capacity with five polypropylene manufacturers worldwide by 2023. The high-performance polypropylene resins produced through UNIPOL PP process technology are fully recyclable and widely utilized in automotive parts, packaging, and consumer goods. For more details, visit UNIPOL PP technology.  Bio-based nylon

Bio-based nylon

Versalis has commenced construction on a plant dedicated to the mechanical recycling of styrenic waste in Porto Marghera, targeting an operational launch by August

Last year, preliminary site activities were finalized, paving the way for this significant endeavor.

Equipped with technology and machinery procured from Ecoplastic three years prior, the facility aims to process up to 20 thousand tonnes of styrenic waste annually upon full operation. The incoming waste, already treated and designated, will undergo a process developed by Ecoplastic, facilitating the production of both expanded polystyrene (rEPS) and compact polystyrene (rGPPS) with recycled content of up to 100%.

The resultant regenerated materials will bolster Versalis Revive recycled polymers, catering to sectors such as packaging and construction. This initiative marks the initial phase of Venetian petrochemical industry’s transition toward circular economy principles. Subsequently, plans entail the establishment of an additional advanced mechanical recycling plant for plastic waste, sourced from separate waste collection, focusing on polystyrene and high-density polyethylene.  Bio-based nylon

With an approximate treatment capacity of 50 thousand tonnes annually, this second venture stems from a licensing agreement inked two years ago with Forever Plast. While the completion date remains unspecified, basic engineering is finalized, and feasibility studies for project development are underway. Upon the realization of this secondary phase, Versalis anticipates recycling around 70,000 tonnes of plastic waste yearly in Porto Marghera, contributing to internal reuse initiatives.

Versalis has commenced construction on a plant dedicated to the mechanical recycling of styrenic waste in Porto Marghera, targeting an operational launch by August

Covestro starts up bio-based aniline pilot plant in Leverkusen

Covestro AG (Leverkusen, Germany) is moving forward with the implementation of a unique process for producing the important chemical aniline entirely based on plant biomass instead of petroleum for the first time.  Bio-based nylon

At its Leverkusen site, the plastics manufacturer has now put a special pilot plant into operation for this purpose. Initially, large quantities of bio-based aniline will be produced there, so that the new technology can be further developed for production and transferred to an industrial scale. In the plastics industry, aniline is used to produce MDI, among other things. This in turn is used for insulating foam, for example, which saves energy in buildings and reduces the CO2 footprint. Covestro believes it will contribute to the promotion of the Circular Economy, which the company is aiming to become fully aligned with.  Bio-based nylon

In attendance at the opening ceremony were North-Rhine Westphalia’s Deputy Minister President Mona Neubaur as well as Professor Walter Leitner, Managing Director of the Max Planck Institute for Chemical Energy Conversion in Mülheim an der Ruhr.

Together with Dr. Thorsten Dreier, Chief Technology Officer of Covestro, they discussed the significance of bio-based raw materials for a sustainable chemicals industry of the future.

“Among other things, aniline is a key raw material for foams used to insulate buildings and refrigerators,” explained Dreier, on the significance of the base chemical.

“Until now, aniline has been produced from fossil raw materials such as petroleum, which releases CO2 and fuels climate change.

Covestro starts up bio-based aniline pilot plant in Leverkusen

Intertape Polymer Group Inc. (IPG®) unveils its latest innovation, ExlfilmPlus® PCR, marking a significant stride towards sustainability in packaging solutions

This polyolefin shrink film boasts a remarkable 35% total recycled content and is primed for recycling at store drop-off points.  Bio-based nylon

Addressing the escalating demand for eco-friendly and circular packaging options, ExlfilmPlus PCR not only prioritizes environmental responsibility but also maintains superior performance and quality standards.

Comprising a minimum of 10% certified post-consumer recycled content and 25% certified post-industrial recycled content, this polyolefin shrink film incorporates certified mechanical post-consumer recycled materials sourced from recycled plastic waste. Notably, ExlfilmPlus PCR holds the prestigious prequalification from HOW2RECYCLE for store drop-off recycling and is sanctioned for select direct food contact applications. Its availability in thinner gauges compared to conventional products enables a material usage reduction of up to 9%.  Bio-based nylon

ExlfilmPlus PCR empowers customers to align with sustainability goals by significantly diminishing the environmental impact of their packaging practices. By embracing recycled materials and facilitating recyclability, this innovation actively contributes to the circular economy paradigm. Intertape Polymer Group Inc.’s ExlfilmPlus PCR embodies a pivotal step forward in advancing sustainable packaging solutions for a greener future.

Intertape Polymer Group Inc. (IPG®) unveils its latest innovation, ExlfilmPlus® PCR, marking a significant stride towards sustainability in packaging solutions

Sidel has joined forces with EcoVadis to champion a sustainable supply chain, marking a significant step in their environmental and ethical endeavors

Under this new supply chain strategy, EcoVadis, renowned sustainability assessors with over 17 years of experience and having evaluated more than 125,000 companies, will evaluate the environmental, social, and ethical performance of Sidel’s suppliers.

Francesca Bellucci, Head of Environmental, Social, and Governance (ESG) at Sidel, emphasizes the centrality of this strategy to their ESG practices, citing that over 10% of their greenhouse gas emissions originate upstream.  Bio-based nylon

Sidel is committed to ensuring human rights enforcement throughout the value chain and recognizes the importance of robust supplier relationships in achieving their ambitious ESG objectives.

Lisete Pereira, Responsible Sourcing and Project Manager at Sidel, highlights their transition to EcoVadis for sustainability assessments, aiming to engage suppliers on the EcoVadis platform to advance their sustainability roadmap. This initiative, outlined in Sidel’s ESG Report 2022, aligns with EU Commission Green Deal principles and supports compliance with the Corporate Sustainability Reporting Directive.  Bio-based nylon

Through this collaboration, Sidel aims to significantly reduce greenhouse gas emissions in purchased goods and services by almost 30% by 2030 compared to 2019 levels, while also upholding human rights and ethical governance standards across the supply chain.

Julien Carboni, Strategic Account Executive at EcoVadis, stresses the importance of communication and collaborative action in supporting suppliers toward sustainability.

He emphasizes that Sidel’s suppliers can demonstrate their commitment to sustainability to customers through a trusted sustainability rating provided by EcoVadis.  Bio-based nylon

Francesca Bellucci concludes by asserting Sidel’s belief in transparent collaboration across the entire value chain as essential for creating a greener and better future for all.

Sidel has joined forces with EcoVadis to champion a sustainable supply chain, marking a significant step in their environmental and ethical endeavors

Closed-loop recycling – Researchers develop eco-friendly ‘magnet’ to battle microplastics 15-02-2024

Bio-based nylon

Closed-loop recycling – Researchers develop eco-friendly ‘magnet’ to battle microplastics 15-02-2024

Closed-loop recycling

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Life for Tyres Group Limited, Europe’s premier end-of-life tire recycling enterprise, has unveiled plans to inaugurate a cutting-edge $46 million tire recycling facility in Louisiana

This marks the company’s inaugural venture into the United States, with the facility sprawled over 10 acres at the Port of South Louisiana.

The new plant, christened L4T Louisiana LLC, will specialize in converting end-of-life tires into premium sustainable commodities, including advanced biofuel feedstock, reclaimed carbon black, and scrap steel. Anticipated to generate 46 direct jobs in St. John the Baptist Parish, the project is projected to spawn an additional 151 indirect positions, totaling a potential 197 new employments in the Southeast Region, as per Louisiana Economic Development estimates. Closed-loop recycling

Governor Jeff Landry hailed the investment as emblematic of the port’s ability to galvanize economic growth, stressing its significance in bolstering local and state economies. The facility is poised to cater to Louisiana-based oil, gas, and petroleum chemical companies, furnishing them with top-tier sustainable commodities to align with their carbon management objectives.

Leveraging patented technology, Life for Tyres Group pioneers the production of high-quality secondary raw materials, substantially slashing greenhouse gas emissions by up to 90% compared to traditional tire recycling methodologies.

CEO Tilen Milicevic expressed enthusiasm for the expansion into Louisiana, citing the state’s robust industrial ecosystem, skilled workforce, and strategic location as key factors influencing the decision.  Closed-loop recycling

The company looks forward to forging a robust partnership with the Port of South Louisiana and contributing positively to the state’s economic landscape.

The Louisiana facility forms a pivotal component of Life for Tyres Group’s global expansion strategy, complementing its existing operations in Ireland and Spain. To clinch the project, Louisiana extended a competitive incentives package, including workforce development solutions and a $1 million Performance-Based Grant for site enhancements, further augmented by participation in state tax exemption and job creation programs.

Closed-loop recycling

Hydrogen emerges as a potential savior amidst the looming climate crisis, albeit with lingering uncertainties

A recent expedition in north-eastern France, initially in pursuit of methane, unveiled a colossal reservoir of natural hydrogen. While this discovery holds promise, skepticism persists.

In France, researchers from the University of Lorraine unearthed a staggering 250 million-ton cache of natural hydrogen, sufficient to satiate global demand for two years. The find, nestled 1000 meters below ground, underscores hydrogen’s prospective role in combating climate change and securing our future.  Closed-loop recycling

Naturally occurring within the Earth’s crust, hydrogen is perpetually generated through chemical reactions, primarily tied to ferrous mineral oxidation. This perpetual genesis designates it as a sustainable energy font, resonating with the assertions of Isabelle Moretti, a researcher at the University of Pau and Pays de l’Adour.

Hydrogen’s allure lies in its versatility. It serves as an exemplary fuel, poised to mitigate the intermittent nature of renewables like solar and wind. Moreover, it doubles as an energy reservoir, buffering surpluses for subsequent release, thereby ensuring uninterrupted power supply.  Closed-loop recycling

Beyond its utility, hydrogen boasts several advantages. Its adaptability in gas and liquid fuel production, coupled with existing infrastructure compatibility, renders it an appealing prospect. Notably, its emission-free combustion and sole byproduct of water amplify its eco-credentials.

Despite its promise, apprehensions persist. Hydrogen’s combustible nature underscores safety concerns, necessitating stringent storage protocols. Moreover, its production often hinges on non-renewable energy sources, challenging its environmental merit.

Nevertheless, ongoing research endeavors strive to surmount these hurdles, striving for a future where hydrogen stands not only as a climate ally but as a safe and efficient energy paradigm.  Closed-loop recycling

Closed-loop recycling

ORNL develops dynamically crosslinked CFRP, enabling closed-loop recycling 

At laboratory scale, functionalized CFRP thermosets can be “released” via heat or chemicals to reincarnate them back into their starting materials.

Inventors at the Department of Energy’s (DOE) Oak Ridge National Laboratory (Oak Ridge, Tenn., U.S.) have designed a closed-loop path for synthesizing an exceptionally tough carbon fiber-reinforced polymer (CFRP) and later recovering all of its starting materials. The findings, published in Cell Reports Physical Science, are said to accelerate addressing the challenge of recycling conventional CFRPs, which have typically been single-use materials.  Closed-loop recycling

“We incorporated dynamic crosslinking into a  commodity polymer to functionalize it. Then, we added a crosslinker to make it like thermoset materials,” explains ORNL chemist and inventor Md Anisur Rahman. “Dynamic crosslinking allows us to break chemical bonds and reprocess or recycle the carbon fiber composite materials.”

A conventional thermoset material is permanently crosslinked. Once synthesized, cured, molded and set into a shape, it cannot be reprocessed. ORNL’s system, on the other hand, adds dynamic chemical groups to the polymer matrix and its embedded carbon fibers. The polymer matrix and carbon fibers can undergo multiple reprocessing cycles without loss of mechanical properties, such as strength and toughness.

Rahman led the study with ORNL chemist Tomonori Saito. Rahman and ORNL postdoctoral fellow Menisha Karunarathna Koralalage conducted most of the experiments. The trio has applied for a patent for the innovation.  Closed-loop recycling

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Closed-loop recycling

Alpek Polyester Adjusts March PET Prices in US, Citing Increased Logistics Costs

Alpek Polyester has revealed its intention to implement a price increase for polyethylene terephthalate (PET) in the United States, set at 5 cents per pound (equivalent to USD 110.23 per tonne), effective from March 1, 2024. The decision to raise PET prices is attributed to the sustained challenges in logistics, particularly arising from ongoing disruptions in the Red Sea, which have reverberated across the market.

Recent developments have seen disruptions in logistics impacting US PET imports, with challenges manifesting in key transit routes such as the Red Sea, Panama Canal, and Suez Canal. These disruptions have exerted upward pressure on import prices, contributing to the decision by Alpek Polyester to adjust its pricing strategy.  Closed-loop recycling

Additionally, the market is currently gearing up for the anticipated peak demand season for bottled PET. Traditionally, this peak season commences in the second quarter, signalling the onset of the summer season. Historically, rising temperatures during this period have led to increased consumer purchases of bottled beverages, subsequently driving up the demand for PET in bottling applications.

Alpek Polyester’s decision to raise PET prices reflects the intricate interplay of factors influencing the industry, with logistics disruptions serving as a prominent catalyst. The ongoing challenges in the Red Sea and other key transit routes have underscored the vulnerability of global supply chains, impacting various industries, including the PET sector.

Furthermore, the anticipation of a peak demand season for bottled PET introduces another layer of complexity to market dynamics.  Closed-loop recycling

The historical trend of increased demand for bottled beverages during the warmer months’ places additional pressure on PET manufacturers to meet heightened consumer needs. This surge in demand adds to the considerations that PET producers like Alpek Polyester must weigh when implementing pricing adjustments.

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Alpek Polyester Adjusts March PET Prices in US, Citing Increased Logistics Costs

A new online platform named Cyclops has been introduced in Germany to promote the use of recycled plastics in supply chains

Developed collaboratively by GreenDelta, Cirplus, Wuppertal Institute, and Centro Plastica SKZ, Cyclops (Circular Optimization for Plastics) is an open-source and free digital tool designed to facilitate the exchange of recycled materials among producers, recyclers, and manufacturers interested in transforming them into new products.

Cyclops offers a range of features tailored to different user types—waste owners, recyclers, and transformers. It provides valuable information on potential applications of recycled materials, pricing dynamics, and environmental benefits, aiding decision-making in the circular economy.  Closed-loop recycling

The platform includes analysis tools for economic and environmental assessments, AI-driven quality specifications, waste management recommendations, and guidance on product design for recyclability.

Max Meister, co-founder of Cirplus, describes Cyclops as an accessible tool for comparing recycled materials quickly and effectively. Jan Werner, Group Manager for Sustainable and Circular Products at SKZ, highlights Cyclops’ potential to overcome existing barriers in the recycling market and promote coordinated recycling flows towards a circular economy.

Despite encountering some issues, such as AI prediction inaccuracies during initial testing, Cyclops aims to play a pivotal role in advancing recycling practices and fostering sustainability in future projects.  Closed-loop recycling

A new online platform named Cyclops has been introduced in Germany to promote the use of recycled plastics in supply chains

Researchers develop eco-friendly ‘magnet’ to battle microplastics

Dynamic Cycle is a sustainable initiative in support of plastic circularity ti-films.com

Plastic pollution is a pressing environmental issue, and University of Kentucky Martin-Gatton College of Agriculture, Food and Environment researchers are leading the charge with an innovative solution.

The college’s Department of Biosystems and Agricultural Engineering (BAE) partnered with the U.K. Department of Chemical and Materials Engineering to tackle the tiny, often unseen, particles of plastic now found in the world’s oceans.

Their research, published in Scientific Reports, centers on an intriguing solution: using natural deep eutectic solvents (NADES) to capture and remove these miniature particles from water.  Closed-loop recycling

“The challenge of micro- and nano-plastics in our environment has been gaining intense attention recently,” said BAE associate professor Jian Shi. “These minute particles, often invisible to the naked eye, are the remnants of larger plastic pieces broken down by sunlight and physical stress. Their size makes them notoriously difficult to remove using conventional methods like centrifugation or filtration, which are either inefficient or too costly.”

Plastic is a durable, cheap material, making it a staple in daily life. However, its strength is also its environmental downfall.

Plastics don’t break down easily, leading to massive piles of waste. Over time, these plastics break into smaller fragments. The smallest, nano-plastics, are so tiny they can’t be seen without a microscope. Their size makes them a significant hazard, as they can be ingested by marine life and enter the human food chain. Closed-loop recycling

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Researchers develop eco-friendly 'magnet' to battle microplastics

Raw material crisis imperils Indonesia polyester units: Reports

INSIGHTS

  • The Association of Indonesian Spun and Filament Yarn Producers reportedly warned many Indonesian polyester factories may halt production due to challenges in sourcing raw materials.
  • Farhan Aqil of APSyFI reportedly claimed the restrictions are linked to Trade Ministerial Regulation No. 36/2023.
  • Polyester is crucial for textiles, automotive, and packaging.

According to the Association of Indonesian Spun and Filament Yarn Producers (APSyFI), numerous polyester factories in the country are facing imminent threat of halting production, faced with substantial challenges encountered by them in procuring essential raw materials.  Closed-loop recycling

The primary hindrance reportedly stems from the government’s stringent import restrictions, exacerbating the scarcity of vital supplies for the production process.

Reports added the supplying countries of mono-ethylene glycol (MEG) to Indonesia have paused shipments awaiting government permit clarification.

As firms grapple with these constraints, the continuity of operations within the polyester industry hangs in the balance.

Raw material crisis imperils Indonesia polyester units: Reports

Polyethylene-terephthalate PET – Reshaping the recycling plastics marketThe rapid growth of the global plastics recycling market hides a sector undergoing dramatic change14-02-2024

Closed-loop recycling

Polyethylene-terephthalate PET – Reshaping the recycling plastics marketThe rapid growth of the global plastics recycling market hides a sector undergoing dramatic change14-02-2024

Polyethylene-terephthalate PET

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HydroGraph PET Test Results Show Improved Plastic Performance

HydroGraph Clean Power Inc. has recently announced groundbreaking results from its research endeavors, spotlighting the integration of its cutting-edge graphene technology with polyethylene terephthalate (PET). PET, a widely used plastic resin, finds applications across diverse sectors such as water and soda bottle manufacturing, food packaging, and textile production. By infusing HydroGraph’s exclusive graphene into PET, the company aims to enhance the plastic’s performance, potentially reducing material usage in plastic bottles by a significant margin of 10% to 15%.

In today’s global landscape, there’s a growing corporate commitment to reduce disposable plastic usage in products. This aligns with evolving consumer preferences, regulatory pressures, and environmental concerns. However, completely eliminating plastic from the global economy poses considerable challenges. Therefore, companies are exploring innovative strategies and technologies to extend the lifespan of plastics while minimizing environmental impact.  Polyethylene-terephthalate PET

HydroGraph’s research primarily focused on evaluating its proprietary graphene variant, FGA-1, to bolster the mechanical properties of PET. Through rigorous testing, HydroGraph aimed to gauge graphene’s efficacy in enhancing PET’s mechanical strength and durability. The results were highly promising, indicating potential material usage reduction of up to 15%, translating to significant cost savings estimated at USD 75 million.

To ensure the integrity of the testing process, HydroGraph collaborated with the Graphene Engineering Innovation Centre (GEIC) at the University of Manchester. Leveraging GEIC’s advanced facilities and expertise, HydroGraph conducted thorough testing protocols, producing robust data to support its research.

Furthermore, HydroGraph Clean Power Inc. has emerged as a prominent figure in Greater Manchester’s thriving investment zone, contributing significantly to the region’s technological advancement and economic growth. Positioned within Greater Manchester’s graphene research and development hub, HydroGraph is poised to capitalize on the sector’s rapid expansion, solidifying its position as a key player in the global graphene market.  Polyethylene-terephthalate PET

Polyethylene-terephthalate PET

Reshaping the recycling plastics marketThe rapid growth of the global plastics recycling market hides a sector undergoing dramatic change

Recent innovations all along the plastics recycling value chain are transforming the very foundations of the industry while unlocking new found value in used plastic.

Recycling medical plastics

Driven by the pressing need to expand recycling capacity and performance for greater circularity, these advancements promise to reshape the market landscape in the years ahead. From cutting-edge chemical processes to artificial intelligence systems optimising sorting accuracy, new technologies are evolving rapidly to handle more waste plastic, produce higher-quality recycled resin, open new end markets and strengthen value recovery economics.

The success of these innovations will determine if recycled polymers can expand their footprint substantially across global manufacturing one day. As technology barriers fall, the conditions strengthen for recycled resins to capture 20-50% share across major plastic segments as projected over the next 10-20 years by leading industry groups like the Alliance to End Plastic Waste.  Polyethylene-terephthalate PET

Recycled plastics refer to plastics that undergo processes such as sorting, cleaning, and reprocessing to be reused in various applications. Recycling plastics helps mitigate environmental pollution, reduce dependence on virgin plastic production, and conserve natural resources.

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Polyethylene-terephthalate PET

NextChem Tech and ENGIE have joined forces in a strategic partnership aimed at advancing biomethane technology for a zero-carbon industry

Their collaboration will focus on developing and commercializing advanced methods to produce synthetic methane from dry biomass waste.

Under this partnership, NextChem Tech will serve as a key strategic partner and co-developer, leveraging proprietary technologies from both NextChem and ENGIE. Together, they will optimize and integrate these technologies to create an advanced process for biomethane production.  Polyethylene-terephthalate PET

The culmination of this effort will be the industrialization of the technology through the Salamandre project in Le Havre. Following this milestone, NextChem Tech will become the exclusive licensor of the integrated package, enabling global dissemination of the advanced biomethane solution.

This collaboration represents a significant step forward in the journey towards a zero-carbon industry. By offering environmentally friendly solutions through a circular approach, NextChem Tech and ENGIE reaffirm their commitment to sustainable energy transition.

In summary, the strategic partnership between NextChem Tech and ENGIE signifies a concerted effort to drive innovation in biomethane technology, thereby contributing to the broader goal of achieving a carbon-neutral industrial sector.  Polyethylene-terephthalate PET

Polyethylene-terephthalate PET

Recycling Partners Collaborate to Eliminate Production Scrap Waste at NPE2024

A collaboration between show organizer PLASTICS, recycler CPR and size reduction experts WEIMA and Conair will seek to recover and recycle 100% of the parts produced at the show.

Around 8,000 communities across the United States have some variation of a recycling program that collects plastics from homes and finds a new life for it. These programs are widely diverse in accepted materials and success rates. Equally important are postindustrial scrap management programs at thousands of production facilities across the country. This May in Orlando, a completely different community will emerge with its own unique recycling program.  Polyethylene-terephthalate PET

On May 6, a pop-up city will assemble in the Orange County Convention Center as some 55,000 attendees assemble for NPE2024, the largest plastics event in North America. They will come to learn, educate and network, but also show what they can do and see what others can do. Exhibitors will want to show that their equipment at its best and will be churning out parts in the process.

And what will happen to those parts, will they be tossed in a dumpster and forgotten? Not at NPE2024. It wouldn’t do. But it will take a coordinated effort to collect the materials flying out of machines at breakneck speed and irregular intervals, break them down and get them on to a new owner who can turn them into new products. Fortunately, exactly the right people for the job will be on hand.  Polyethylene-terephthalate PET

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Recycling Partners Collaborate to Eliminate Production Scrap Waste at NPE2024

Canada Backs BOSK Bioproducts’ Compostable Bioplastics Boost

SME to receive $1M in financial assistance from CED to foster sustainable development in Quebec’s regions by offering an ecofriendly alternative to polluting plastics.

SMEs have a key role to play in ensuring Quebec’s economy makes the environmental transition. They seek to innovate and grow by becoming more competitive in a greener world. That is why the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for CED, accompanied by the Honourable Jean‑Yves Duclos, Member of Parliament for Québec and Minister of Public Services and Procurement, took the opportunity during her visit to announce a repayable contribution of $1M for BOSK Bioproducts Inc. This CED support will enable the business to increase its production capacity by establishing a manufacturing unit for compostable bioplastics. The assistance provided will focus on the cost of acquiring equipment and installing, testing, and commissioning this unit.  Polyethylene-terephthalate PET

BOSK Bioproducts is an innovative SME based on the model of a circular economy to collect industrial waste, such as bio-sludge from paper manufacturing, and convert it into compostable bioplastics. Its new manufacturing unit will enable it to improve its production capacity by securing its supply chain. The business will thus be able itself to produce polyhydroxyalkanoate (PHA), a key component of REGEN™, a bio-based bioplastic it has developed. Through this 100% compostable solution, BOSK aims to significantly reduce plastic waste in the environment.

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Canada Backs BOSK Bioproducts' Compostable Bioplastics Boost

Breakthrough CFRP Recycling Innovation from Oak Ridge National Laboratory: A Step Towards Sustainable Manufacturing

A Groundbreaking Innovation in Polymer Recycling

In a significant breakthrough, researchers at the Department of Energy’s Oak Ridge National Laboratory have developed a closed-loop process for creating a tough and recyclable carbon-fiber-reinforced polymer (CFRP). This innovative technology allows for the reprocessing and recycling of the carbon fiber composite materials, addressing the significant carbon footprint associated with traditional CFRPs.  Polyethylene-terephthalate PET

The Technology Behind the Breakthrough

The technology developed incorporates dynamic crosslinking into a commodity polymer, thus functionalizing it. The addition of a crosslinker makes it akin to thermoset materials, thereby allowing for the reprocessing or recycling of the carbon fiber composite materials without losing their mechanical properties.

Exceptional Strength and Resilience

The resulting recyclable carbon fiber composite possesses very strong interfacial adhesion and can be reincarnated back into its starting materials.

Impressively, the strength of the composite is almost two times higher than a conventional epoxy composite, and the tensile strength is the highest ever among similar fiber-reinforced composite materials. Polyethylene-terephthalate PET

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Breakthrough CFRP Recycling Innovation from Oak Ridge National Laboratory: A Step Towards Sustainable Manufacturing

Linde Engineering and Daimler Truck have set a groundbreaking standard in liquid hydrogen refueling technology, marking a significant advancement in Europe’s journey towards decarbonizing transportation

Through collaborative efforts, they’ve introduced the sLH2 process, revolutionizing the handling of subcooled liquid hydrogen. This innovative method offers numerous advantages over gaseous hydrogen, including higher storage density, extended range, quicker refueling, reduced costs, and enhanced energy efficiency.

Refueling a 40-ton heavy-duty truck carrying 80 kg of liquid hydrogen now takes merely ten to fifteen minutes, enabling a range of over 1,000 kilometers. Moreover, the sLH2 technology slashes hydrogen refueling station investment costs by two to three times and operational expenses by five to six times. Consequently, liquid hydrogen can now be reliably supplied throughout Europe.  Polyethylene-terephthalate PET

The sLH2 process involves utilizing a specialized pump to marginally increase the pressure of liquid hydrogen, transforming it into subcooled liquid hydrogen (sLH2). This state of hydrogen streamlines the refueling process, minimizing energy losses and eliminating the need for data transmission between the station and vehicle, thus simplifying the solution.

The pilot sLH2 refueling station boasts a remarkable capacity of 400 kg per hour, demonstrating its efficiency compared to conventional methods. To promote widespread adoption, the technology is being made available through an ISO standard, with the inaugural public sLH2 pilot station unveiled in Wörth am Rhein.

This milestone event, attended by key stakeholders and international media, highlights the commitment of both companies to drive industry-wide adoption of hydrogen-powered transportation. Andreas Gorbach of Daimler Truck emphasizes the importance of collaboration to establish a common standard, while Juergen Nowicki of Linde Engineering underscores the practicality and environmental benefits of sLH2 as a viable alternative to diesel in the heavy-duty vehicle sector.  Polyethylene-terephthalate PET

Linde Engineering and Daimler Truck have set a groundbreaking standard in liquid hydrogen refueling technology, marking a significant advancement in Europe's journey towards decarbonizing transportation

Polyethylene-terephthalate PET

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 – 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

More…

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

PET Feedstocks – Repol gets certification for recycled content for a polyamide grade 12-02-2024

PET Feedstocks

PET Feedstocks

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET Feedstocks

PET Feedstocks

Polyestertime
ITEM 05/02/2024 12/02/2023 +/-
Bottle grade PET chips domestic market 7,050 yuan/ton 7,075 yuan/ton +25
Bottle grade PET chips export market 905 $/ton 905 $/ton
Filament grade Semidull chips domestic market 6,930 yuan/ton 6,930 yuan/ton
Filament grade Bright chips domestic market 6,930 yuan/ton 6,930 yuan/ton -45
Pure Terephthalic Acid PTA domestic market 5,865 yuan/ton 5,930 yuan/ton +65
Pure Terephthalic Acid PTA export market 720 $/ton 730 $/ton  

+10

 

Monoethyleneglycol MEG domestic market 4,640 yuan/ton 4,660 yuan/ton +20
Monoethyleneglycol MEG export market 543 $/ton 545 $/ton +2
Paraxylene PX FOB  Taiwan market

PET Feedstocks

1,016 $/ton 1,017 $/ton
+1
Paraxylene PX FOB  Korea market 994 $/ton 995 $/ton +1
Paraxylene PX FOB EU market 1,120 $/7on 1,120 $/ton
Polyester filament POY 150D/48F domestic market 7,730  yuan/ton 7,730 yuan/ton
Recycled Polyester filament POY  domestic market 7,700 yuan/ton 7,700 yuan/ton
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 9,050 yuan/ton
Polyester filament FDY 68D24F

PET Feedstocks

9,150 yuan/ton 9,150 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,430 yuan/ton 8,430 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,350 yuan/ton 7,350 yuan/ton
Caprolactam CPL domestic market 13,750 yuan/ton 13,750 yuan/ton
Caprolactam CPL overseas  market 1,670 $/ton 1,670 $/ton
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,600 yuan/ton 14,600 yuan/ton
Nylon 6 chips  high speed spinning domestic  market

PET Feedstocks

15,050 yuan/ton 15,050 yuan/ton
Nylon 6.6 chips domestic  market 19,750 yuan/ton 19,750 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,150 yuan/ton 17,150 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 19,300 yuan/ton 19,300 yuan/ton-
Nylon6 Filament FDY  70D/24F  18,200 yuan/ton 18,200 yuan/ton
Spandex 20D  domestic  market

PET Feedstocks

34,200 yuan/ton 34,200 yuan/ton
Spandex 30D  domestic  market 32,700 yuan/ton 32,700 yuan/ton
Spandex 40D  domestic  market  29,700 yuan/ton 29,700 yuan/ton
Adipic Acid domestic market 10,000 yuan/ton 10,000 yuan/ton
Benzene domestic market

PET Feedstocks

8,260 yuan/ton 8,580 yuan/ton +320
Benzene overseas  market 990 $/ton 1,032 $/ton +42
Ethylene South East market 950 $/ton 950 $/ton
Ethylene NWE market CIF 758 $/ton   738 $/ton -20
Acrylonitrile ACN  domestic market

PET Feedstocks

9,200 yuan/ton 9,200 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,050 yuan/ton 13,050 yuan/ton
PP Powder domestic market

PET Feedstocks

7,070 yuan/ton 7,070 yuan/ton -30
Naphtha overseas market  654 $/ton 666 $/ton +12
Phenol domestic market 7,587 yuan/ton 7,582 yuan/ton -5

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

PET Feedstocks

Repol gets certification for recycled content for a polyamide grade

Repol S.L.U., the European composite manufacturing base of the UBE Group, has achieved a significant milestone by obtaining recycled content certification for its PA66 polyamide grade, A2X25 MI H-4109, under the Standard UNE-EN15343. This certification, issued by Aenor, marks a notable achievement as the first of its kind within the UBE Group. It underscores the commitment of Repol and UBE Corporation towards promoting plastics recycling and traceability across the value chain.

The certified polyamide grade contains up to 30% recycled material, as verified by Aenor. This recognition not only signifies a step forward in enhancing the circularity of plastics but also demonstrates Repol’s dedication to sustainable practices.

Looking ahead, Repol aims to extend the scope of certification to include additional PA6 products with a minimum of 30% recycled content, targeting various industrial and automotive applications. This expansion aligns with the company’s vision of catering to customer needs while fostering environmental stewardship.

By offering customers verified and reliable quality processes, Repol ensures that its achievement benefits not only the customers but also the entire value chain. The UBE Group believes that this accomplishment contributes significantly to advancing plastic circularity, emphasizing the importance of sustainable initiatives in today’s manufacturing landscape.

Repol gets certification for recycled content for a polyamide grade

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

rPET Packaging

PET Feedstocks – Repol gets certification for recycled content for a polyamide grade

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rPET Packaging

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Avient Corporation unveils ColorMatrix AAnchor, an innovative acetaldehyde control technology for PET packaging, aimed at addressing challenges associated with increased recycled PET content

This solution offers improved recyclability and enhanced bottle quality, catering to the rising demand for sustainable packaging solutions.

ColorMatrix AAnchor provides a comprehensive solution to improve PET packaging’s recyclability and quality, crucial as brands increasingly incorporate higher levels of recycled material. Notably, it features a low tendency for migration, reducing the risk of exceeding regulatory limits, even in closed-loop recycling systems. Additionally, it boasts improved thermal stability, enhancing processability and efficiency while avoiding processing issues related to equipment. rPET Packaging

Andrea Smith, Global Product Manager at Avient Corporation, expresses excitement about ColorMatrix AAnchor, emphasizing its significant advancement in sustainability and innovation. By addressing challenges linked to increased rPET content, the technology aids brands in achieving sustainability goals while delivering high-quality PET packaging.

Furthermore, ColorMatrix AAnchor offers excellent bottle aesthetics and mechanical strength, potentially extending the shelf life of packaged products. It also helps control odor and minimizes the risk of off-taste in bottle contents, ensuring compliance with European food contact regulations. rPET Packaging

In summary, ColorMatrix AAnchor represents a groundbreaking solution for PET packaging, aligning with industry demands for sustainability and quality while mitigating challenges associated with recycled material incorporation.

rPET Packaging

MEAF recently supplied Pack Klaipėda UAB in Lithuania with its inaugural food-grade R-PET sheet production line, integrating energy-efficient sheet extrusion technology with Kreyenborg’s IR-CLEAN Super-Clean process

This innovation enables the cost-effective production of FDA/EFSA approved single-layer PET food-grade sheets. The installed line caters to meat packaging needs and offers flexibility for PP tray production without modifications.

Pack Klaipėda UAB, initially specializing in expanded PS containers, shifted focus to meat and poultry packaging three years ago. Darius Kontrimas, the company’s CTO, highlighted MEAF’s compact yet output-rich machinery and their exceptional support, crucial for newcomers in the sheet extrusion domain. rPET Packaging

MEAF’s sales manager, Roald de Bruijne, emphasized the alignment of their solution with the global trend of utilizing 100% post-consumer recycled material, addressing the stringent FDA/EFSA regulations. MEAF’s commitment extends to developing an integrated IV level increase unit to facilitate tray-to-tray recycling, further promoting circularity.

Kreyenborg’s IR-CLEAN process ensures thorough cleaning and decontamination of PET flakes, endorsed by FDA and EFSA. MEAF’s dedication to energy efficiency and flexibility is evident in their pursuit of solutions for recycled material utilization, bolstering the transition towards sustainable packaging practices. rPET Packaging

MEAF’s endeavor signifies a step forward in sustainable packaging, offering practical solutions for manufacturers to adopt recycled materials seamlessly, thereby contributing to a more environmentally conscious future.

rPET Packaging

Nigerian State of Oyo Closes Pyrolysis Firm

The Oyo State Government has shut down a pyrolysis plant operated by Shri-Balaji Industry Limited in Egbeda since 2016. The plant was found to have violated the State’s Environmental Regulations, as reported by the Nigerian media. rPET Packaging

The Commissioner for Environment and Natural Resource, Architect Abdulmojeed Olawale Mogbonjubola, said that the closure was to ensure that companies, industrial firms, and corporate bodies comply with global and state environmental standards. He revealed that the ministry officials discovered that the plant emitted harmful substances during the pyrolysis process, which coated the surrounding area with carbon black, a dangerous pollutant to human health. He added that the plant had no proof of working with a solid waste contractor. The workers were also at high risk, as they had no personal protective equipment (PPE) or health scheme in any production stage. rPET Packaging

He stated that there was no clean water, and the air quality exceeded the limits set by the National Environmental Standards and Regulations Enforcement Agency (NESREA).

More…

Nigerian State of Oyo Closes Pyrolysis Firm

General Industries Germany relies on energy-efficient and low-CO2 Vecoplan shredders for recycling

With two new Vecoplan shredders, General Industries Deutschland (GID) can now process a wide variety of materials and continuously feed the extruders when processing challenging post-consumer waste.

Working even more energy-efficiently and further minimising the CO2footprint – just two reasons why General Industries Germany (GID) opted for shredders from Vecoplan. At its Eschwege site, the company recycles sophisticated post-consumer waste from foamed plastics (EPP/EPE/EPS) as well as post-industrial waste in the form of purgings and stamping residues. The machines can process a wide range of materials for special requirements and continuously feed the extruders. rPET Packaging

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General Industries Germany relies on energy-efficient and low-CO2 Vecoplan shredders for recycling

‘Breakthrough’ in polypropylene recycling could boost plastic packaging circularity

A significant hurdle standing in the way of increasing the use of recycled plastics in food packaging is the risk of potential residues causing non-compliance with food safety standards. Professor Edward Kosior and Paul Marshall of Nextek and NEXTLOOPP claim to have found an innovative solution to this issue, which they outline in our latest comment article.

According to a report by Eunomia, focused on improving the circularity of plastic packaging, undertaken on behalf of the Alliance to End Plastic Waste (AEPW), the lack of common recyclate specifications or consensus in the European market is impeding progress in achieving circularity goals. rPET Packaging

The report claims that despite several scientific and EU publications emphasising the need for high-quality recyclate, not to mention existing standards such as the EN standards, the definition of quality recyclates remains unclear, and a framework to implement such quality in the recycling process is lacking.

As a consequence, the European plastics industry is still unable to reach its recycling targets due to insufficient volumes of recycled plastic that fully meet the required quality for all key packaging applications.

If we drill down to one of the most prolific polymers in circulation for both food and non-food applications, Polypropylene (PP), there is no recycled PP authorised for use for direct food contact other than those originating from recycling schemes that must use material from a closed loop system. rPET Packaging

This measure, which prevents the inadvertent inclusion of substances that might be introduced by consumers or the goods it contains, has limited recycled PP to secondary or tertiary food packaging articles such as crates, pallets, and totes.

More…

‘Breakthrough’ in polypropylene recycling could boost plastic packaging circularity

Brazil’s Petrobras to invest USD 18m in green hydrogen pilot

 Alto Rodrigues Photovoltaic Power Plant, in Rio Grande do Norte. Image by Luiz Fernando Almeida Fontenele / Petrobras News Agency

Brazilian state-run oil and gas company Petrobras (BVMF:PETR4) is teaming up with the local renewable energies innovation institute SENAI-ER to build a pilot electrolysis plant to study aspects of the green hydrogen value chain.

Under the cooperation agreement, Petrobras will invest BRL 90 million (USD 18.1m/EUR 16.8m) in the three-year project, it said on Wednesday. rPET Packaging

The new facility will use the output generated by Petrobras’ 1-MWp Alto Rodrigues Photovoltaic (PV) Power Plant, located in Rio Grande do Norte state. The oil giant added that the PV park capacity will be expanded to 2.5 MWp to meet the power demand of the pilot electrolysis plant.

Petrobras said it will use the hydrogen produced to analyse the performance of microturbines and their structural integrity due to the combustion of hydrogen and natural gas mixtures.

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Brazil's Petrobras to invest USD 18m in green hydrogen pilot

rPET Packaging

Polyester recycling – Plastiverd, a Spanish company specializing in polyethylene terephthalate (PET) production, is set to maintain stable production levels at its PET plant in El Prat de Llobregat, Barcelona, Spain, starting from the end of February 

Polyester recycling – Plastiverd, a Spanish company specializing in polyethylene terephthalate (PET) production, is set to maintain stable production levels at its PET plant in El Prat de Llobregat, Barcelona, Spain, starting from the end of February 10-02-2024

Polyester recycling

Putin uses Tucker Carlson interview to press his Ukraine narrative

In his interview with former Fox News host Tucker Carlson, Russian President Vladimir Putin utilized the platform to advance his narrative regarding the situation in Ukraine, subtly hinting at further actions. Over the course of more than two hours, Putin confidently delivered a historical discourse intertwined with Kremlin viewpoints, largely unchallenged by Carlson. Reiterating his assertion that the invasion of Ukraine was to safeguard Russian interests and deter potential threats posed by Ukraine’s NATO aspirations, Putin skillfully steered the conversation while Carlson attempted to interject with questions.

Notably absent from Carlson’s inquiries were topics concerning alleged war crimes by Russian troops or Putin’s suppression of dissent.  Polyester recycling

Putin directed attention towards Washington, urging the cessation of arms supply to what he labeled as a U.S. “satellite,” Ukraine, and advocated for negotiations to resolve the conflict.

Dismissing Western allegations and portraying readiness for dialogue, Putin discussed potential prisoner exchanges, including the case of journalist Evan Gershkovich. The White House cautioned against taking Putin’s words at face value, highlighting his penchant for propaganda.

Russian media amplified the interview, framing it as a blow against Western propaganda. Carlson’s skepticism toward U.S. support for Ukraine, echoed by Russian outlets, reflected his distinct perspective, according to Putin’s spokesperson Dmitry Peskov.

Since the invasion of Ukraine, Putin has limited interactions with international media, while suppressing independent voices at home.  Polyester recycling

Despite discussions surrounding potential releases, Putin emphasized the espionage charges against Gershkovich.

The Wall Street Journal reiterated Gershkovich’s status as a journalist and expressed hope for his swift return. Putin hinted at potential conditions for Gershkovich’s release, citing a parallel case involving a Russian imprisoned in a country allied with the U.S.

Overall, the interview served as a platform for Putin to reinforce his narrative on Ukraine, albeit through the lens of selective discourse and geopolitical maneuvering.

Polyester recycling

Advancing towards a cleaner energy future, the European experimental Jet reactor bids farewell with a resounding achievement

This colossal machine, designed to harness nuclear fusion—a process emulating the energy production of stars—concludes its illustrious career with a groundbreaking feat. Producing 69 megajoules of “clean” energy over 5 seconds, using a mere 0.2 milligrams of fuel, Jet sets a new pinnacle in fusion science and engineering. European experts hail this milestone during an online press conference convened by the Eurofusion consortium.

Although the realization of fusion power plants remains years away due to persistent technical and theoretical hurdles, the prospect of sustainable, clean energy from abundant resources grows nearer.  Polyester recycling

This progress owes much to the collaborative efforts of over 300 researchers across 31 countries, prominently including Italy with contributions from Enea, the National Research Council, the Rfx consortium of Padua, and various universities.

The record-setting experiment, dubbed Dte3 and conducted on October 3, 2023, marks the culmination of Jet’s 40-year tenure in Great Britain. This swan song, lauded by British Minister for Nuclear Power and Networks Andrew Bowie, surpasses Jet’s previous achievement in 2022. Inside the toroidal tokamak structure resembling a donut, a robust magnetic field confines plasma, allowing for fusion reactions. These reactions, occurring at temperatures exceeding one hundred million degrees Celsius, fuse hydrogen isotopes—deuterium and tritium—to generate helium and release energy. Polyester recycling

This triumph not only validates past efforts but also paves the way for future fusion research. Fernanda Rimini, Jet’s senior manager for exploitation, asserts the feasibility of future fusion power plants utilizing similar fuel mixes. Looking ahead, international endeavors like the Iter experimental reactor and the Demo technological demonstrator signify ambitious strides, albeit with lingering technological and theoretical uncertainties.

Acknowledging Jet’s profound impact, Pietro Barabaschi, general director of Iter, underscores its role as a precursor, shaping advancements in materials, components, and scientific data generation for fusion research. As the quest for sustainable energy presses forward, Jet’s legacy stands as a beacon of progress and possibility. Polyester recycling

Advancing towards a cleaner energy future, the European experimental Jet reactor bids farewell with a resounding achievement

De Nora will supply electrolysers for green hydrogen in Sweden

De Nora, an Italian multinational specializing in electrochemistry and a leader in sustainable technologies, has received orders through its subsidiary De Nora Deutschland GmbH from thyssenkrupp nucera AG & Co. KGaA for the supply of electrolysers. These electrolysers will be used in one of Europe’s largest water electrolysis plants, currently under construction in Sweden. The project aims to produce green hydrogen with a total installed capacity exceeding 700 MW.

This initiative is part of the ongoing collaboration under the ‘Toll Manufacturing and Services’ agreement between De Nora and thyssenkrupp nucera. According to De Nora, these orders will significantly contribute to increasing the backlog in the Energy Transition segmentPolyester recycling

The production of green hydrogen is crucial for the decarbonization of heavy industry. By utilizing green hydrogen, the project aims to reduce the carbon footprint of industrial processes compared to traditional technologies. This sustainable approach aligns with De Nora’s commitment to environmental responsibility.

CEO Paolo Dellachà expressed satisfaction with the awarding of these new orders. He emphasized the importance of this European project, highlighting its substantial production capacity and sustainability profile. De Nora’s involvement demonstrates its capability to contribute significantly to the decarbonization of traditionally hard-to-abate industrial sectors.  Polyester recycling

Polyester recycling

IoT in Textile Industry

This article highlights the role of IoT in enhancing product development, production efficiency, supply chain management, and sustainability. It addresses challenges in integration, standardisation, privacy, and cost, and outlines steps for IoT implementation in textiles, underscoring its transformative impact on innovation and sustainability.

The Internet of Things (IoT) refers to the network of physical devices, vehicles, home appliances, and other items that are embedded with sensors, software, and connectivity, allowing them to collect and exchange data. The implementation of IoT in the textile industry has opened new opportunities for product development, production efficiency, supply chain management, and sustainability.  Polyester recycling

The uses of IoT in the textile industry are diverse and rapidly evolving, from smart fabrics that can monitor temperature and moisture to supply chain management tools that track products throughout the production and delivery process. IoT sensors can be embedded in textiles at various stages of production, from raw materials to finished products, enabling real-time data collection and analysis to optimise product performance, reduce waste, and improve sustainability.

In recent years, the implementation of IoT in the textile industry has gained momentum, with companies investing in research and development to create new products that incorporate IoT. For example, wearable technology has become increasingly popular, with companies developing smart clothing that can monitor vital signs and track fitness activities.  Polyester recycling

Polyester recycling

Textile project presents solutions for polyester recycling

For the past three years, the ReSuit project has been pursuing a solution for textile recycling. Now, the project alliance is ready to present its positive findings.

In the past three years, we have collaborated with researchers, recycling specialists, behavioural experts, and other textile and fashion companies in the ReSuit project, Denmark’s first major textile recycling project.

ReSuit has aimed to develop new technologies that can transform textile waste into new fabrics and set new standards for fashion design, focusing on longer lifespan and improved recyclability when discarded.  Polyester recycling

Now, the project team is ready to share additional positive findings.

Two technologies

ReSuit has, among other things, proven that polyester textile waste can be recycled into new polyester textiles. Furthermore, the project has succeeded in recycling clothing waste that was previously considered difficult to recycle by using a special method where the clothing is transformed into bio-oil and chemical building blocks for the production of new polyester and plastic-based materials.

“At Bestseller, we are fully aware of the challenges in the fashion industry, but we also have the size and expertise to be part of the solution. That’s why we entered ReSuit with open eyes and an understanding that innovation plays a crucial role in transforming the fashion industry into a more sustainable one,” says Camilla Skjønning Jørgensen, Innovation Manager at Bestseller.  Polyester recycling

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Polyester recycling

Luca De Meo, the president of the Renault Group, recently underlined the crucial importance of the automotive sector for Europe, representing 8% of GDP and involving 13 million jobs

He highlighted that Europe faces unprecedented change in the industry, especially considering the accelerated development of the automotive sector in China. De Meo said 2023 will be remembered as the year Europe became aware of China’s predominant role in the automotive industry.

The Renault president discussed emerging challenges in the sector, including the need to reduce environmental impact, the abandonment of the combustion engine by 2035 and growing safety and cyber-security requirements. He has noticed increased volatility in the industry, due to rapid technological changes, changes in raw material prices and regulatory fluctuations.  Polyester recycling

De Meo emphasized the importance of innovation and strategic agility to face future challenges, underlining the need for business models adapted to new scenarios and investments in new technologies. He proposed the adoption of clear principles and objectives at European level and the creation of a one-stop shop for mobility and automotive regulations.

Finally, De Meo reiterated that Europe must develop a hybrid model that combines private initiative and public intervention to strengthen the continent’s competitiveness in the long term.  Polyester recycling

Luca De Meo, the president of the Renault Group, recently underlined the crucial importance of the automotive sector for Europe, representing 8% of GDP and involving 13 million jobs

Bio On is back, but it’s all new

Bio On is making a triumphant return, reinvigorated with a fresh outlook and a revamped visual identity. The resurgence of the original name, after its acquisition by the Maip group, signals a bold new chapter for the company. With a commitment to innovation at its core, the revitalized Bio On is poised to make significant strides in the realm of bioplastics.

Embracing its ethos of sustainability, the company’s logo now bears the inspiring tagline “Nature always finds a solution,” a testament to its dedication to eco-friendly polymer production.  Polyester recycling

This ethos is encapsulated in a modern logo design, symbolizing the fusion of ‘Future’ and ‘Nature’ – two inseparable concepts essential for progress and sustainability.

Operationally, Bio On’s business model focuses on intellectual property and high-value PHA material production for niche markets, alongside patent exploitation. Plans are underway to restart PHA production at the Castel San Pietro Terme plant, with the Research and Fermentation (RAF) startup slated for the first half of the year.

The company’s strategic vision extends beyond production, encompassing research and development initiatives in Cosmetic, Nanomedicine & Smart Materials (CNS). Recent acquisitions and investments in laboratory equipment underscore Bio On’s commitment to advancing innovative projects.  Polyester recycling

Founded in 2007, Bio On faced adversity with bankruptcy in 2019 but has emerged stronger under new ownership. The Maip group’s acquisition, comprising Maip, Plastotecnica, and Maip Compounding, positions Bio On for success with a diversified portfolio that includes bioplastics like the IamNature series, leveraging PHBH copolymers blended with other biopolymers.

As Bio On embarks on this exciting journey, its dedication to sustainability and innovation remains unwavering, promising a brighter, greener future in the realm of bioplastics.

Bio On is back, but it's all new

Piovan Group has recently increased its stake in Nu-Vu Conair, a joint venture established in 2007 by Conair and Nu-Vu Engineers aimed at producing auxiliary equipment for the plastics industry in India

With this acquisition, Piovan now holds a majority 51% share in the venture. Nu-Vu Conair, boasting approximately 250 employees and generating a turnover exceeding 20 million euros, operates out of a facility in Piplaj, Ahmedabad region, currently undergoing expansion. Their product range encompasses various equipment essential to polymer processing, including centralized vacuum conveying systems, dehumidifiers, chillers, and granulators.  Polyester recycling

This strategic move aligns with Piovan’s objectives to bolster its presence in India, localize production, and reinforce support for local clientele. Additionally, the company aims to capitalize on its expertise in plastic recycling technologies to comply with emerging legislation in the region. Nu-Vu Conair’s integration into Piovan’s portfolio occurred in 2022 following Piovan’s acquisition of US-based IPEG.

Partnering with Nu-Vu Engineers, a leading Indian provider of polymer processing solutions and industrial cooling systems, Piovan anticipates leveraging synergies to capitalize on India’s burgeoning market potential. Filippo Zuppichin, CEO of Piovan Group, underscores the company’s commitment to India’s growth trajectory and expresses confidence in furthering Nu-Vu Conair’s market leadership through collaborative efforts, technological advancements, and expanded market penetration.  Polyester recycling

Piovan Group has recently increased its stake in Nu-Vu Conair, a joint venture established in 2007 by Conair and Nu-Vu Engineers aimed at producing auxiliary equipment for the plastics industry in India

Plastiverd, a Spanish company specializing in polyethylene terephthalate (PET) production, is set to maintain stable production levels at its PET plant in El Prat de Llobregat, Barcelona, Spain, starting from the end of February

With a production capacity of 210 thousand tons per year, the company aims to ensure production stability for commercial reasons, although the exact duration remains undisclosed.

This decision follows the successful restart of production in January after overcoming workforce shortages caused by the COVID-19 pandemic.

Plastiverd, acquired by the Cristian Lay Group in April 2014 from La Seda de Barcelona for around EUR 15 million, operates not only a PET plant but also facilities for ethylene oxide and ethylene glycol production, totaling approximately 200 thousand tons per year.

La Seda de Barcelona, the former owner, has operations spanning Spain, Turkey, and Italy, along with a recycling facility in Italy, and holds a significant stake in the Portuguese company Artlant PTA.  Polyester recycling

Plastiverd’s commitment to maintaining stable PET production aligns with its strategic commercial objectives and underscores its dedication to consistent output.

As part of the Cristian Lay Group conglomerate, Plastiverd contributes to the broader portfolio of operations within the petrochemical sector, reflecting the conglomerate’s diversified interests and strategic positioning in the European petrochemical landscape.

Plastiverd, a Spanish company specializing in polyethylene terephthalate (PET) production, is set to maintain stable production levels at its PET plant in El Prat de Llobregat, Barcelona, Spain, starting from the end of February

PET polyester recycling – H&S completes set-up of a recycling plant for end-of-life mattresses 09-02-2024

Polyester recycling

PET polyester recycling – H&S completes set-up of a recycling plant for end-of-life mattresses 09-02-2024

PET polyester recycling

Nuclear energy from fusion: now it is closer, new record

Experienced in the realm of nuclear fusion research, I specialize in driving advancements in energy production. Most notably, I contributed to the Joint European Torus (JET), the world’s premier nuclear fusion experiment, achieving groundbreaking milestones in energy generation. In the latest experimental campaign, I spearheaded efforts that resulted in a record-breaking output of fusion energy. Through meticulous verification and validation processes, we successfully harnessed 69 megajoules (MJ) of energy from a mere 0.2 milligrams of deuterium and tritium fuel over a duration of 5 seconds, surpassing the previous record set in 2022 by a significant margin. PET polyester recycli

As a key member of the European consortium EUROfusion, I collaborated closely with esteemed institutions such as the Italian Cnr and Enea, as well as numerous universities, in achieving this feat. Our collective efforts underscored the potential of fusion energy as a reliable and sustainable power source for the future.

During the DT3 experimental campaign, I played an integral role in coordinating over 300 scientists from various European fusion laboratories.

Together, we meticulously executed experiments at the UKAEA facility in the United Kingdom, validating JET’s operational methodologies and advancing our understanding of high-energy fusion processes. PET polyester recycli

These achievements not only reaffirm the feasibility of fusion energy but also lay the groundwork for the successful operation of the international ITER experimental reactor, a pivotal project shaping the future of energy production on a global scale.

Nuclear energy from fusion: now it is closer, new record

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End life tires chemical recycling – Enviro and Antin announces final investment decision for plant in Uddevalla

Enviro and Antin, along with Michelin, have announced the final investment decision for the construction of an end-of-life tire recycling plant in Uddevalla, Sweden. This joint venture has secured equity financing and signed multi-year agreements for the supply and offtake of end-of-life tires, recovered carbon black, and oil products, valued at approximately MEUR 180 (SEK 2 billion) over 5 to 10 years. The customers include leading manufacturers in tire, rubber, oil, and chemicals industries.

The Uddevalla plant will be the first full-scale recycling facility based on Enviro’s patented technology. Construction is set to commence in the first quarter of 2024, with operations expected to begin in 2025. PET polyester recycling

The necessary approvals have been obtained, allowing the joint venture to proceed with material and machinery orders and subcontractor engagements.

Agreements have been finalized for the delivery of end-of-life tires to the Uddevalla plant and for the supply of recovered carbon black and oil. These agreements, with an aggregate value of MEUR 180 (SEK 2 billion), span 5 to 10 years and involve key players in various industries.

The joint venture aims to construct recycling plants across Europe, targeting an annual capacity of up to one million metric tons of end-of-life tires by 2030. Enviro will receive remuneration for its investments, with half of the amount paid in cash and the remainder converted to a stake in the joint venture. Enviro also has an option to acquire approximately 30 percent ownership in the joint venture. PET polyester recycling

With the groundwork laid for the Uddevalla plant, the joint venture is poised to expand its operations swiftly across Europe, supported by a solid financing plan and strategic partnerships.

PET polyester recycling

Car compound in Morocco

Repsol and Ravago have jointly inaugurated a new technopolymer plant in Tangier, Morocco, aimed at producing compounds for automotive applications.

Situated in the Tangier Automotive City (TAC) free zone within the port area, the plant spans 24,000 square meters, a project promoted by the Moroccan Government.

With an annual production capacity of 18,500 tonnes, the plant focuses on polypropylene, polyamides, and PBT compounds, with the flexibility for expansion based on future demand trends.  PET polyester recycling

This initiative aligns with supporting the local automotive industry, catering to OEMs like Renault and Stellantis operating in Tangier, Kenitra, and Casablanca.

These manufacturers were involved in the project’s inception.

Local media reports suggest an investment of approximately 20 million euros into the venture.

By establishing this facility, Repsol and Ravago aim to contribute to the growth of the automotive sector in Morocco while meeting the region’s demand for high-quality technopolymers. PET polyester recycling

This collaboration not only underscores the commitment to local industrial development but also signifies a strategic move in leveraging Morocco’s potential as a hub for automotive manufacturing.

PET polyester recycling

Exploring the Vibrant World of Ultramarine Pigments: Insights & Trends 2024-2034

The ultramarine pigment industry, renowned for its vivid hues and diverse applications, plays a significant role in various sectors, including paints and coatings, plastics, cosmetics, and textiles.
It is anticipated that the ultramarine pigment market would reach US$ 240.5 million by 2024. Sales of ultramarine pigment are expected to climb at a CAGR of 3.9% between 2024 and 2034. By 2034, it’s projected that the market for ultramarine pigments would be worth US$ 352.5 million. PET polyester recycling
Because the product is widely used in paints, coatings, polymers, and textiles, the market is expected to grow. The market is anticipated to rise as a result of growing consumer demand for high-performance pigments and growing awareness of environmentally friendly choices.
Production Process and Composition:
Ultramarine pigments are synthetic inorganic compounds derived from a complex chemical process. Historically, ultramarine blue was extracted from lapis lazuli gemstones, but modern production methods involve heating mixtures of clay, sulfur, and other raw materials at high temperatures to create the distinctive blue pigment. Variations in the production process yield different shades of ultramarine pigments, including blue, violet, and green. PET polyester recycling

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PET polyester recycling

Barrier Biopolymer PEF Propelled by Performance, Potential, and Sustainability

The packaging subsegment for polyethylene furanoate (PEF), which is projected to grow at the fastest CAGR during the forecast period 2023 to 2028, will see a PEF juice bottle at retail in 2024.

Momentum continues for biopolymers, which are seen as sustainable alternatives to conventional plastics sourced from plants and other renewable materials.

Polyethylene furanoate is among a growing wave of biopolymer options. The PEF market is projected to reach $28 million by 2028, at a compound annual growth rate (CAGR) of 8.1 % from $19 million in 2023. PET polyester recycling

That’s according to a global PEF market study released in January by MarketsAndMarkets. It reports that the bioplastic’s growth is primarily driven by government regulation and policies along with increasing demand for PEF bottle production.

In fact, the PEF bottles subsegment is projected to grow at the fastest CAGR, in terms of value, during the forecast period.

That’s where the biopolymer will gain traction this year when European retailer Albert Heijn debuts high-barrier fruit juice bottles on shelf.  The polymer is sourced from Avantium while Refresco, a global independent beverage solutions provider for brands, produces the bottle. Albert Heijn is the largest supermarket chain in the Netherlands. PET polyester recycling

PEF can replace PET in food and beverage packaging.

PEF’s applicability extends beyond beverage bottles to the broader packaging sector market due to its wide-ranging advantages, including as a sustainable substitute for conventional packaging materials such as polyethylene terephthalate (PET).

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Barrier Biopolymer PEF Propelled by Performance, Potential, and Sustainability

H&S completes set-up of a recycling plant for end-of-life mattresses

Together with the Dutch recycling company RetourMatras, H&S has implemented a plant for the chemical recycling of discarded PU mattresses, enabling the recovery of high-quality recycled polyols.

H&S Anlagentechnik GmbH has successfully completed commissioning of an industrial-scale reactor plant for RetourMatras, a Dutch recycling company specialized in dismantling of mattresses and their transformation into circular resources. The newly installed recycling plant uses an advanced depolymerization recycling technology to produce high-quality recycled polyol (Repolyol) from polyurethane foam (PU) from end-of-life mattresses. PET polyester recycling

Polyol is one of the key building blocks of polyurethane foam, the main cushioning material in mattresses. Its recovery without compromising on its quality enables its reuse as a circular raw material for the production of new PU foam and thus for new mattresses and other upholstered furniture — a significant step to circularity. “The H&S process allows us to chemically recycle different foam from various mattress manufacturers, supporting our ambition to secure that no mattress goes to waste by transforming it into circular resources,” emphasizes Chico van Hemert, Managing Director at RetourMatras. Commissioning took place in May 2023 in Lelystad (NL)allowing the newly built recycling plant to convert PU foam from 200,000 mattresses into repolyols annually using the cutting-edge recycling technology of H&S. PET polyester recycling

Recently, RetourMatras also partnered with IKEA Retail to find a circular solution for the end-of-life of their mattresses in line with IKEA’s approach to products made from recycled or renewable materials.

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H&S completes set-up of a recycling plant for end-of-life mattresses

PET polyester recycling is gaining significant traction, with major companies spearheading efforts to establish a robust fibre-to-fibre recycled PET polyester (FFrPET) industry

According to a report by Textiles Intelligence, such initiatives are crucial for the textile and clothing sector to attain environmental sustainability. Despite the increasing usage of alternative fibres, PET polyester is projected to remain the dominant fibre type, with production expected to exceed 80 million tons by 2030. PET polyester recycling

Several large-scale projects are underway to facilitate FFrPET production, leveraging the advantages of established companies over startups, including operational scale and funding capabilities. Eastman, for instance, is investing in methanolysis-based recycling plants, with plans to triple its capacity by 2026. Similarly, Suez and SK Geo Centric are collaborating on a PET plastic and fibre recycling plant in France, while Indorama and Carbios are working on an enzymatic PET bio-recycling production plant capable of processing 50,000 tons of post-consumer PET waste annually.

Furthermore, Andritz Group is engaged in mechanical recycling projects in France, and Inditex has partnered with Ambercycle to support the construction of a textile regeneration factory. Ambercycle’s chemical process breaks down polyester into constituent monomers for regenerated polyester fibre production, with Inditex committing to purchasing a significant portion of the fibres’ annual output.PET polyester recycling

These initiatives signify the growing momentum towards establishing a circular PET polyester ecosystem. The report, “Fibre innovations aid the creation of circular textile and apparel supply chains,” offers comprehensive insights into these developments and is available for purchase from Textiles Intelligence and Textile Outlook International.

PET polyester recycling is gaining significant traction, with major companies spearheading efforts to establish a robust fibre-to-fibre recycled PET polyester (FFrPET) industry

Nitin Gupta, Co-founder and Chief Executive Officer of Attero, emphasized the critical need for India to adopt a sustainable approach towards recycling lithium-ion batteries amidst the burgeoning electric vehicle (EV) production

Omega Seiki Private Ltd (OSPL) recently announced a strategic partnership with Attero, an e-waste management firm, aimed at recycling lithium-ion batteries. The collaboration aims to recycle over 100MWh of batteries within the next 3-4 years.

This initiative extends beyond the domestic market, covering the ASEAN and African regions as well. PET polyester recycling

OSPL, renowned for its Omega Seiki Mobility (OSM) brand electric vehicles with over 10,000 units currently in operation, views Attero’s expertise as pivotal in repurposing batteries for energy storage. This aligns with their shared commitment to addressing the complete lifecycle of EV components and ensuring responsible battery solutions. Attero boasts a processing capacity of 1,45,000 metric tonnes of e-waste and 11,000 metric tonnes of battery waste annually, with plans to increase this to 15,000 metric tonnes soon.

OSPL’s ambitious plans include deploying EV batteries totaling over 1-GWH within the next five years, paralleled by a collective target with Attero to recycle over 100 MWh of batteries in the upcoming years. This collaboration not only addresses environmental concerns but also acknowledges the economic value of extracting rare materials from spent lithium-ion batteries. Overall, the partnership signifies a significant step towards promoting sustainable practices in the burgeoning EV industry while also addressing pressing environmental challenges. PET polyester recycling

Nitin Gupta, Co-founder and Chief Executive Officer of Attero, emphasized the critical need for India to adopt a sustainable approach towards recycling lithium-ion batteries amidst the burgeoning electric vehicle (EV) production

Green-hydrogen H2 – Partnership in advanced recycling of waste plastic announced 08-02-2024

PET polyester recycling

Green-hydrogen H2 – Partnership in advanced recycling of waste plastic announced 08-02-2024

Green-hydrogen H2

RadiciGroup unveils its visionary Sustainability Plan, aptly named “From Earth to Earth,” signaling its unwavering commitment to a sustainable future

This comprehensive strategy encompasses Environmental, Social, and Governance (ESG) objectives, underscoring the company’s dedication to value creation for all stakeholders while prioritizing adherence to evolving sustainability regulations.

With a focus on transparency and responsibility across its entire value chain, RadiciGroup aims to address economic, social, and environmental concerns head-on. The plan reflects the organization’s evolution towards ESG governance, evident in its longstanding engagement with environmental and social issues, as exemplified by its forthcoming 20th annual Sustainability Report. Green-hydrogen H2

“From Earth to Earth” emerges as a pivotal component of RadiciGroup’s overarching sustainability strategy, capitalizing on past achievements while charting a course towards medium-term goals. Encompassing all “material” areas, the plan addresses ESG principles and their financial ramifications, aiming to ensure business continuity and foster growth for the company and its stakeholders alike.

Angelo Radici, President of RadiciGroup, emphasizes the plan’s significance, framing it as a testament to the company’s ethical commitment and foresight. With tangible, measurable goals established, the focus now shifts to collaborative action, as RadiciGroup strives to realize its objectives and uphold its credibility with stakeholders.

In essence, “From Earth to Earth” encapsulates RadiciGroup’s proactive stance towards sustainability, reflecting not only its resilience and competitiveness but also its enduring ethical values and dedication to responsible business practices. Green-hydrogen H2

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​​​​​Read the press release to find out more

Click here to view the RadiciGroup Sustainability Plan “From Earth to Earth”.

Mr. Maurizio Radici - RadiciGroup

Mr. Maurizio Radici – RadiciGroup

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Taiwan Cement Corporation (TCC) has recently announced a significant collaboration with thyssenkrupp Polysius (tkPOL) aimed at developing innovative carbon capture technology

This partnership is pivotal in the context of Taiwan’s commitment to achieving net-zero emissions by 2050.

The collaboration, formalized through a memorandum of understanding (MOU) signed on January 31st, focuses on implementing a Separate Oxyfuel Calciner technology at the Hoping Plant.

This cutting-edge technology involves the addition of pure oxygen to the calcination process, enhancing carbon dioxide capture to over 90% while simultaneously reducing energy consumption. Green-hydrogen H2

The project, slated for completion by 2026, aims to commercialize the technology by 2030, with an annual carbon dioxide capture target exceeding 100,000 tons. The captured carbon dioxide will find applications across various industries, aligning with government policies on storage, carbon credits, and value-added utilization.

Mr. Nelson Chang, Chairman of TCC, expressed the significance of this collaboration in addressing emissions from the cement industry and reaffirmed TCC’s commitment to supporting sustainable development. Mr. Pablo Hofelich, CEO of tkPOL, commended TCC’s dedication to innovation and sustainability, emphasizing the strategic importance of the partnership.  Green-hydrogen H2

Building upon previous collaborations focused on carbon capture technologies, TCC and tkPOL will embark on a phased approach to implementing the Separate Oxyfuel Calciner technology. Leveraging tkPOL’s expertise and experience in similar projects, the collaboration is poised to make significant contributions to carbon reduction efforts, advancing towards a greener and more sustainable future.

Green-hydrogen H2

Despite challenges, circularity is still the way to go, says Borealis CEO

After the record results reported by Borealis in 2022, the year 2023 was by comparison less than stellar. It was, in the words of Thomas Gangl, CEO at Borealis, ‘definitely a challenging year, not just for us but for the entire industry’. Nonetheless, while inflation, the economic slowdown and geopolitical developments have taken their toll, Borealis has continued to pursue its sustainability journey: implementing its Strategy 2030, the company’s transformation framework for the future. The goal: to become  a global leader in advanced and sustainable chemicals and material solutions.

“We have taken some important steps forward, and I would love to say we have achieved more. But at the moment our customers are in the difficult situation that they cannot afford to pay more than what they need to pay. Right now, the regulatory framework is the driving force for the transformation towards circularity,” said Gangl, speaking during an online interview on 4 Feb. with Sustainable Plastics. Green-hydrogen H2

Looking at Borealis’ five main financial KPIs, however, the company would appear to have adeptly navigated the challenges of the past year.

Sales were down roughly €2 bn, noted Daniel Turnheim, although the actual volumes sold remained for the most part stable. “So, this reduction in revenue can, by and large, be attributed to the lower prices of polyolefins,” he explained. The operating profit, which plummeted from €703 in 2022 to €18m in 2023 –  a drop of 94% –   was a different story, he continued. This was due in the first place to inventory effects – ‘selling products purchased in a higher pricing environment’ – as well as to what he described as a ‘very difficult market environment, especially in Europe’: cheap imports, inflation and high energy costs.  Green-hydrogen H2

The margins achieved on the commoditised part of the business suffered from the pressures of the market, but the specialities side of the business, representing around 45%, ‘held up quite nicely’, he said. “As a European-based producer, we do not have a feedstock advantage, so we have to focus on delivering a very good product. Our European asset base contributed strongly to the result.”

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Green-hydrogen H2

Circular Polymers, Inc (D/B/A Circular Polymer Resources, Incorporated or

Partnership in advanced recycling of waste plastic announced

CPRI) and AmSpec Group today announced the signing of a Memorandum of Understanding (MOU) to collaborate on the development of a comprehensive testing and certification process for waste plastic feedstock used in the advanced (chemical) recycling industry as well as pyrolysis oil produced from those waste plastic and hydrocarbon products produced by further conversion of the pyoil using thermal (steam cracking) or catalytic (fluid catalytic cracking) processes.  Green-hydrogen H2

“There is currently no certification process that addresses the composition and quality of plastic waste feed used in advanced recycling and the effects of those properties on the ultimate production of ethylene and propylene building blocks,” commented Dr. Robert Schucker, President and CEO of CPRI. “Operators understand that contaminants such as chlorine and bromine have a detrimental effect on processing equipment but don’t have a holistic picture of how other aspects of feedstock quality affect the yield and quality of their products.”

Matt Corr, CEO of AmSpec, further commented, “The analytical methods are available to characterize waste plastic feedstocks fully, but what is lacking is a comprehensive, uniformed approach that all processors can use to evaluate new sources of plastic feedstocks.” Green-hydrogen H2

The new partnership will take advantage of CPRI’s knowledge in feedstock selection and pyrolysis chemistry and AmSpec’s proven ability to quantitatively analyze hydrocarbon streams to offer a testing and evaluation service to the advanced recycling industry that will allow them to standardize feed selection and processing for optimum ultimate ethylene and propylene yield.

Green-hydrogen H2

Venator, a leading manufacturer of titanium dioxide (TiO2) and additives for plastic materials, is undergoing significant strategic changes in its European operations

Emerging from Chapter 11 in the USA, the company has embarked on a new transformation plan following a strategic review. This plan includes the rationalization of production activities in Europe, focusing on consolidating production capacities and optimizing operational efficiency.

In Germany, production will be concentrated in Uerdingen, with the closure of the TiO2 plant in Duisburg, which has a capacity of 50,000 tonnes per year. The shutdown is scheduled for the second quarter of this year, with the site shifting its focus to functional additives. Meanwhile, the 80,000 tonnes per year TiO2 plant in Scarlino, Italy, remains inactive due to regulatory factors and market conditions.  Green-hydrogen H2

Venator’s transformation plan aims to strengthen its TiO2 portfolio through innovation and investments while improving margins through price and cost management. Additionally, the company seeks to identify opportunities for monetizing specific segments in additives.

With headquarters in the United Kingdom, Venator operates with approximately 2,700 employees and divides its businesses into two main segments: titanium dioxide and high-performance additives.

These strategic changes underscore Venator’s commitment to adapt to market dynamics and enhance its competitiveness in the industry.  Green-hydrogen H2

Venator, a leading manufacturer of titanium dioxide (TiO2) and additives for plastic materials, is undergoing significant strategic changes in its European operations

PiovanGroup has solidified its global presence in the industrial process cooling segment through the amalgamation of Thermal Care and Aquatech, unveiling a new strategic division

Drawing on their shared 50-year legacy of delivering top-notch heat transfer solutions across 50 industries, the unified division emerges as a worldwide player, boasting manufacturing capabilities across North and Latin America, Europe, and Asia. With an expansive service structure, it ensures proximity to customers globally.

This integration promises synergies in research and development, enriching the portfolio of products, solutions, and services, and facilitating efficient support for diverse market sectors. Lee Sobocinski, the current president of Thermal Care Inc., will spearhead the division, operating under the Thermal Care brand and anticipating global consolidated sales of around 100 million euros.  Green-hydrogen H2

Filippo Zuppichin, CEO at PiovanGroup, expresses excitement about establishing a benchmark in industrial refrigeration solutions. Lee Sobocinski shares the sentiment, envisioning the new division as a global leader, providing unparalleled assistance to customers worldwide. The creation of the Thermal Care brand, coupled with the exchange of institutional knowledge within PiovanGroup, signifies a bright future for the division, set to deliver unmatched solutions in industrial heat transfer. Together, they aspire to reach new heights and redefine industry standards.

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PiovanGroup has solidified its global presence in the industrial process cooling segment through the amalgamation of Thermal Care and Aquatech, unveiling a new strategic division

LyondellBasell, a global petrochemical leader, has recently inked an agreement to acquire a 35% stake in National Petrochemical Industrial Co (Natpet), a Saudi Arabia-based firm, from Alujain Corp for approximately $500 million

Natpet currently boasts a polypropylene (PP) capacity of 400,000 tonnes per year. As part of this strategic move, LyondellBasell and Alujain are jointly exploring the possibility of constructing a propylene via propane dehydrogenation and PP facility at the Natpet site, pending a final investment decision.  Green-hydrogen H2

The completion of this transaction is contingent upon regulatory approvals and other customary closing conditions.

In a separate development, Bora LyondellBasell Petrochemical, a collaboration between Liaoning Bora Enterprise and LyondellBasell, successfully resumed production of low-density polyethylene (HDPE), linear polyethylene (LDL), and polypropylene (PP) at its Panjin facility in China on January 5. This revival followed a scheduled shutdown for preventive maintenance that began on December 27 of the preceding year. The production facility, with an annual capacity of 350 thousand tons of HDPE, 450 thousand tons of LDL, and 200 thousand tons of PP, plays a crucial role in the regional petrochemical landscape. These strategic moves reinforce LyondellBasell’s commitment to expanding its presence and capabilities in the global petrochemical market.  Green-hydrogen H2

LyondellBasell, a global petrochemical leader, has recently inked an agreement to acquire a 35% stake in National Petrochemical Industrial Co (Natpet), a Saudi Arabia-based firm, from Alujain Corp for approximately $500 million

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has achieved a significant milestone by securing a capacity allocation of 6.5 KTPA for the establishment of a green hydrogen production facility

This accomplishment resulted from the company’s participation in the inaugural auction held by the Solar Energy Corporation of India (SECI) under the Strategic Interventions for Green Hydrogen Transition (SIGHT) scheme.

Following the successful bid, JSW Neo Energy received a Letter of Award (LoA) from SECI, committing to commission the production capacity within 36 months. The venture is projected to yield incentives totaling Rs. 67.6 crores over a three-year period post-commissioning.  Green-hydrogen H2

This strategic move aligns seamlessly with JSW Neo Energy’s sustainability objectives and contributes significantly to India’s broader net-zero aspirations. The company’s success in this auction further solidifies its position as a trailblazer in the green hydrogen sector, capitalizing on its profound understanding of the Indian energy landscape, robust financial standing, and unwavering commitment to technological advancements.

JSW Neo Energy has set an ambitious target of achieving 20 GW in generation capacity and 40 GWh in energy storage capacity by 2030. Currently boasting a total capacity of 9.8 GW (including projects under construction), the company is well on track to meet its interim goal of 10 GW by 2025.  Green-hydrogen H2

Moreover, JSW Energy has already secured 3.4 GWh of energy storage capacity through battery energy storage systems and hydro pumped storage projects. This puts the company on a trajectory towards its broader goal of a 50% reduction in carbon footprint by 2030, ultimately aiming for Carbon Neutrality by 2050.

JSW Neo Energy Limited, a wholly owned subsidiary of JSW Energy Limited, has achieved a significant milestone by securing a capacity allocation of 6.5 KTPA for the establishment of a green hydrogen production facility

Asda has recently taken a significant step towards sustainability by introducing recyclable plastic film packaging for its Just Essentials beef mince range, effectively replacing traditional plastic trays

This innovative move not only reduces plastic waste but also aligns with Asda’s commitment to achieving 100% recyclable packaging by 2025. The new packaging boasts a remarkable 60% reduction in plastic usage, a testament to Asda’s dedication to environmental responsibility.

By adopting this lighter and recyclable flexible plastic film alternative, Asda aims to eliminate a substantial 67.6 tonnes of plastic from its supply chain annually. The introduction of vacuum-packaging not only extends shelf life but also results in a smaller pack size, further reducing environmental impact.  Green-hydrogen H2

Jon Wells, Sustainable Packaging Manager at Asda, emphasized the significance of this initiative, stating, “We’re always looking at new ways that we can make positive changes which will benefit both our customers and the planet and we believe that this is one of those changes.” He highlighted the dual benefits of improved shelf life and convenience for customers, along with the substantial reduction of non-recyclable plastic in the supply chain, ultimately contributing to a decrease in Asda’s carbon footprint.

Overall, Asda’s transition to recyclable packaging for its beef mince range signifies a proactive approach towards sustainability, setting a commendable example for the retail industry as a whole.  Green-hydrogen H2

Asda has recently taken a significant step towards sustainability by introducing recyclable plastic film packaging for its Just Essentials beef mince range, effectively replacing traditional plastic trays

Green-hydrogen H2

CO2 into ethylene – Growth in China projected to slow to 4.6% in 2024, 3.5% in 2028: IMF 07-02-2024

CO2 into ethylene – Growth in China projected to slow to 4.6% in 2024, 3.5% in 2028: IMF 07-02-2024

CO2 into ethylene

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

CO2 into ethylene – High-Efficiency Carbon Dioxide Electroreduction System for Carbon Neutrality

In response to the pressing need to mitigate global warming and achieve carbon neutrality goals, researchers at The Hong Kong Polytechnic University (PolyU) have developed a groundbreaking carbon dioxide (CO2) electroreduction system. This system, featured in a recent publication in Nature Energy and honored with a Gold Medal at the 48th International Exhibition of Inventions Geneva, offers a durable, highly selective, and energy-efficient solution for converting CO2 into ethylene.

Ethylene (C2H4), a vital industrial chemical, is predominantly derived from petrochemical sources, contributing significantly to carbon emissions. CO2 into ethylene

However, PolyU’s electrocatalytic CO2 reduction method, led by Prof. Daniel LAU, promises a more sustainable alternative. By utilizing green electricity and a specially designed APMA system (Anion-Proton Metal-free Assembly), the process achieves a remarkable 50% specificity in ethylene production and operates continuously for over 1,000 hours at an industrial scale.

The key to this success lies in the unique electrocatalyst, composed of nano-scale copper spheres with rich surface textures and defects that promote the desired reaction. Unlike previous systems, the APMA design prevents electrolyte loss and minimizes the formation of undesired by-products, ensuring efficient and stable operation.

Looking ahead, Prof. Lau emphasizes ongoing efforts to enhance product selectivity and seeks collaboration opportunities with industry partners. This collaborative endeavor, involving institutions like the University of Oxford and Jiangsu University, holds the promise of revolutionizing ethylene production, reducing carbon emissions, and advancing the journey towards carbon neutrality. CO2 into ethylene

CO2 into ethylene

Titan-Polymer, located in the Moglino special economic zone, has achieved a significant milestone with the successful commissioning of its second production line dedicated to BOPET (biaxially oriented polyethylene terephthalate) films

General Director Kirill Neretin announced the completion of commissioning, emphasizing the stable production process and capacity increase to meet orders for film thicknesses ranging from 8 to 35 microns.

This accomplishment propels Titan-Polymer towards its maximum design capacity of 72 thousand tons per year, highlighting the plant’s commitment to expanding production capabilities and meeting growing demand across various industries. The automated BOPET film production process ensures operational efficiency and product consistency, catering to applications in the food industry, medicine, and electrical engineering due to the films’ versatility and durability. CO2 into ethylene

Prior to the second production line’s launch, Titan-Polymer’s specialists conducted a meticulous preparatory phase, ensuring seamless integration and adherence to quality standards. With an augmented capacity and stable production process, the plant is well-positioned to effectively meet diversified demand for BOPET films, contributing to their availability for industrial applications.

The industry-wide surge in BOPET film production, in alignment with sector growth trends, reflects the resilience and adaptability of companies. Titan-Polymer’s expansion not only benefits the Moglino special economic zone’s economic development but also strengthens its market position as a reliable and innovative player.

The successful completion of the second production line underscores Titan-Polymer’s dedication to maintaining high standards of quality and efficiency in the dynamic landscape of BOPET film manufacturing.  CO2 into ethylene

CO2 into ethylene

Cost a key challenge to low-carbon polyethylene production

The challenges posed by plastic waste, emissions, and climate/environmental issues are anticipated to intensify until effective policies and actions are implemented to reverse the trend.

The plastic value chain is grappling with the trilemma of security, sustainability and affordability, placing substantial pressure on stakeholders. As a result, there is an increasing demand for the industry to address and alleviate the adverse environmental effects of plastic consumption, including polyethylene.

Low cost, versatility and weatherability are PE’s major advantages, with applications in household and food containers, toys, food and nonfood packaging film and sheet, retail and trash bags, geomembranes, pipes, house wrap, pails, totes, crates, caps, closures and plastic bottles.  CO2 into ethylene

Polyethylene constituted a third of the world’s polymer market in 2022, according to S&P Global Commodity Insights. However, the global PE market is currently contending with surplus capacity, subdued demand growth and diminishing profit margins. The polyethylene sector is also undergoing a phase of transformation and innovation, driven by the need to address environmental concerns, particularly since ethylene production ranks among the largest sources of CO2 emissions in the chemical industry.

Sustainability goals by brand owners, converters and producers are currently driving efforts to produce low-carbon polyethylene.

For example, it is estimated that using bioethanol-based ethylene would translate into a carbon emissions reduction of approximately 60%, while the use of hydrogen in the cracking furnace together with carbon capture and storage, like what petrochemical giant Dow is considering for its plant in Fort Saskatchewan, Canada, has essentially net-zero carbon emissions.  CO2 into ethylene

Technologies such as the use of sustainable feedstocks like bioethanol and the production of polyethylene from mechanical recycling, using pure polyethylene waste stream, can also contribute to the decarbonization of polyethylene production.

Other emerging recycling technologies such as the pyrolysis of plastic waste are not being developed with the idea of reducing carbon emissions as this pathway is too energy intensive, but with the goal of reducing plastic waste that ends up in landfills and handling plastic waste that is difficult to recycle via mechanical processes.

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CO2 into ethylene

Growth in China projected to slow to 4.6% in 2024, 3.5% in 2028: IMF

  • China’s growth is projected to slow to 4.6 per cent this year amid the property sector weakness and subdued external demand, and further to about 3.5 per cent in 2028 amid headwinds from weak productivity and population aging, the IMF has noted.
  • Inflation is expected to increase gradually to 1.3 per cent this year. Uncertainty surrounding the outlook is high.  CO2 into ethylene

Growth in China is projected to slow to 4.6 per cent this year amid the ongoing weakness in the property sector and subdued external demand, according to the International Monetary Fund (IMF), whose executive board concluded the 2023 Article IV Consultation with the country last month.

Over the medium term, growth is projected to gradually decline further and is projected at about 3.5 per cent in 2028 amid headwinds from weak productivity and population aging.

While inflation fell last year, largely on account of lower energy and food prices, it is expected to increase gradually to 1.3 percent this year as the output gap narrows and the base effects of commodity prices recede, IMS said in a release.

Uncertainty surrounding the outlook is high, particularly given the existing large imbalances and associated vulnerabilities, it noted.  CO2 into ethylene

Greater-than-expected weakening of external demand, tightening of global conditions and increased geopolitical tensions also pose considerable downside risks.

On the upside, decisive policy action could boost confidence and lead to a better-than-expected rebound in private investment.

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Growth in China projected to slow to 4.6% in 2024, 3.5% in 2028: IMF

Experienced professional in the Polyester Filament Yarn (PFY) industry, adept at navigating challenges and uncertainties

My career has been marked by a keen understanding of market dynamics and operational intricacies, enabling me to tackle unforeseen obstacles head-on.

The recent unexpected turn of events in the PFY industry has prompted significant production cutbacks and delays in startup times across major factories. These decisions, coupled with future maintenance plans, have disrupted the once-promising outlook for PFY in the new year. The decline in polyester polymerization rates in February, falling below previous year levels, further complicates the situation.  CO2 into ethylene

The production reduction and maintenance surge is not solely a response to raw material market dynamics but a result of operational challenges faced by companies. Managing PFY inventory has become a critical issue, as companies strive to strike a balance between restocking, sales, and physical possession of goods.

As of early February, PFY inventory is estimated to last no more than two weeks, with a looming risk of significant accumulation unless sales ratios improve. The post-Chinese New Year period is particularly concerning, as the sales ratio may drop further unless additional promotional activities are initiated.

Compounding the challenges is the uncertainty in current material prices, with polyester, cotton, and viscose rates generally higher than last year. This price volatility adds an extra layer of complexity, influencing consumer behavior and contributing to market unpredictability.  CO2 into ethylene

Despite these uncertainties, there is a possibility of normal demand for PFY post-holidays, with some companies anticipating restocking in late February 2024. However, careful inventory and risk management strategies will be crucial in navigating the potential challenges ahead and ensuring sustained stability in the evolving PFY landscape.

Experienced professional in the Polyester Filament Yarn (PFY) industry, adept at navigating challenges and uncertainties

Global plastics glut and weak regulations hurt European recyclers

Plentiful and cheap virgin plastic is undercutting the price of recycled plastic

Europe’s plastics recyclers are under financial pressure, and some are closing plants. Industry experts cite a surge in cheap virgin plastic being imported into the region and a lack of regulation requiring the use of recycled material.

global excess of ethylene supplies and of other raw materials for plastics has lowered the cost of virgin plastic, making it cheaper than recycled plastic in Europe.

“The recycling market will be unprotected for a while as it comes under pressure from the cheaper virgin prices,” says Husam Taha, principal analyst for plastics sustainability at Wood Mackenzie.  CO2 into ethylene

Global ethylene production capacity is about 225 million metric tons (t) per year, while demand is closer to 180 million t, according to data compiled by S&P Global. Spot prices for virgin high-density polyethylene (HDPE), a widely recycled plastic used in products such as shopping bags and food packaging, have dropped from above $1,500 per metric ton in 2021 to less than $1,000 today, according to S&P.

The recycling market will be unprotected for a while as it comes under pressure from the cheaper virgin prices.

Imports of cheap recycled plastic into Europe are exacerbating the issue, Ton Emans, president of the industry group Plastics Recyclers Europe, says in a press release.

Prices for virgin plastics could stay low for some time to come, according to analysts at ChemOrbis. “China and USA are planning big new plants for polyethylene, for example, in the next 3–4 years,” says Ezio Filippi, chief representative for ChemOrbis in Italy. “The effect on prices, with demand still being subdued globally, is obvious.” Unless new regulations are introduced to enforce the use of recycled plastics, cheaper virgin polymers will continue to displace them, Filippi says.  CO2 into ethylene

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Global plastics glut and weak regulations hurt European recyclers

Corbion seeks growth by restructuring

Reorganizing at Corbion will involve simplifying the company’s structure into two business units from three business units and reducing its workforce by about 200, which will include closing a fermentation plant in Peoria, Ill. Executives gave details Jan. 31 in Amsterdam during a capital markets update for analysts and investors.

Corbion executives also gave unaudited financial results for 2023 fiscal year. Sales in fiscal 2023 totaled €1.44 billion ($1.57 billion), down from €1.46 billion in fiscal 2022, while adjusted EBITDA was €192 million ($208 million), up from €184.4 million.  Audited results for the fiscal year will be released March 1.  CO2 into ethylene

Corbion seeks growth by restructuring

Reorganizing at Corbion will involve simplifying the company’s structure into two business units from three business units and reducing its workforce by about 200, which will include closing a fermentation plant in Peoria, Ill. Executives gave details Jan. 31 in Amsterdam during a capital markets update for analysts and investors.

Corbion executives also gave unaudited financial results for 2023 fiscal year. Sales in fiscal 2023 totaled €1.44 billion ($1.57 billion), down from €1.46 billion in fiscal 2022, while adjusted EBITDA was €192 million ($208 million), up from €184.4 million.  Audited results for the fiscal year will be released March 1.

Food, biochemicals and the polylactic acid (PLA) businesses will make up the functional ingredients and solutions business unit. Nutrition, pharmaceuticals and biomedical polymer capabilities will make up the health and nutrition business unit. Corbion’s previous business units were sustainable food solutions, lactic acid and specialties, and algae ingredients.  CO2 into ethylene

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Corbion seeks growth by restructuring

Oil next year – Enzyme found in laundry detergent could help recycle plastic 06-02-2024

CO2 into ethylene

Oil next year – Enzyme found in laundry detergent could help recycle plastic 06-02-2024

Oil next year

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Kuwait is strategically targeting a robust deficit reduction of KD 2.5 billion in its upcoming budget, emphasizing the need to achieve an oil production level of 2.8 million barrels per day to generate an estimated KD 22 billion

The proposed budget, commencing from April 1 at KD 25 billion, reflects a significant KD 2 billion reduction compared to the current budget, with the primary objective being the alleviation of a projected KD 6 billion ($18 billion) deficit.

In a noteworthy move, the government has disclosed its equilibrium price, anchoring the budget on a conservative crude oil price of $70 per barrel. However, skepticism surrounds the practicality of this benchmark, with prevailing expectations favoring a more realistic range of $75 to $80 per barrel. Despite acknowledged efforts to trim government expenses, the spotlight shifts towards the creation of over 24,000 job opportunities within the next 12 months. Oil next year

A critical gap in the budget lies in the lack of transparency regarding Kuwait’s projected crude oil production for the upcoming year, a pivotal determinant for deficit mitigation. To achieve the targeted deficit reduction, it is imperative to aim for an estimated oil production of 2.8 million barrels per day, equivalent to KD 22 billion.

The key to a deficit-free budget involves setting a crude oil price of $80 per barrel and maintaining a production level of 2.8 million barrels, obviating the need for oil prices to reach the ambitious $91 per barrel threshold. Addressing the KD 6 billion shortfall presents challenges, with potential solutions including international bank borrowings, leveraging sovereign wealth funds, or exploring unconventional paths such as privatizing certain oil companies.

Privatization emerges as a promising solution, injecting immediate cash into government coffers and fostering private sector growth. Successful execution requires collaborative efforts between the government and the private sector, positively impacting national graduates’ recruitment and development and contributing to the overall economy. The sustainability of reduced expenditure levels remains a critical question, with hopes pinned on the new government adeptly navigating challenges without resorting to borrowing. This marks the initiation of a new era, with collective aspirations for positive results shaping Kuwait’s economic trajectory in the years ahead. Oil next year

Oil next year

As of 2023, China’s textile industry experienced a notable surge in profits, marking a 7.2 percent year-on-year increase, according to official data released by the Ministry of Industry and Information Technology on February 3, 2024. Major textile enterprises in the country collectively recorded profits amounting to 180.2 billion yuan, equivalent to approximately 25.38 billion U.S. dollars.  Oil next year

Despite a marginal decrease of 0.8 percent in combined operating revenue, totaling 4.70 trillion yuan compared to the previous year, the industry’s profitability exhibited resilience. The Ministry’s report indicated a noteworthy rebound in the textile and garment sector’s export performance. In 2023, China’s textile and garment exports reached 293.6 billion dollars, though experiencing an 8.1 percent decline from the preceding year.

Interestingly, the data unveiled a positive shift in December 2023, with textile and garment exports resuming expansion. During this period, exports witnessed a 2.6 percent year-on-year increase, amounting to 25.3 billion dollars. This positive trend at the end of the year suggests a potential recovery and increased momentum in the global demand for Chinese textile and garment products.  Oil next year

Overall, the 2023 performance underscores the robustness of China’s textile industry, showcasing adaptability and resilience amid economic fluctuations.

Oil next year

With the launch of project STOPP, the European Union is taking significant strides to combat plastic waste in the packaging sector

This three-year initiative targets the entire food packaging value chain, encompassing the agricultural food industry, with the goal of reducing packaging waste by 2030 in accordance with the EU’s Packaging and Packaging Waste Directive.

Involving 14 partners from seven countries, the project aims to establish circular strategies for plastic usage and processing. The collaborative effort will also implement awareness campaigns through a multi-actor network.  Oil next year

Key actions include analyzing the impact of plastic waste in various ecosystems, monitoring current plastic usage in the food packaging industry, creating a sustainable business model for replication, enhancing recycling practices, and conducting a comprehensive customer voice study.

The VTT Technical Research Centre of Finland spearheads this innovative scheme, with notable partners such as the University of Vaasa, the National Institute of Chemistry of Slovenia, Remondis Recycling, GreenDelta, Plastics Recyclers Europe, Veolia, Braskem, and reCIRCLE. Together, these entities aim to generate results that can inform the European decision-making process concerning future packaging strategies. The STOPP project reflects the EU’s commitment to fostering sustainable practices and mitigating the environmental impact of plastic waste in the packaging sector. Oil next year

With the launch of project STOPP, the European Union is taking significant strides to combat plastic waste in the packaging sector

European Polyamide Prices Decline in January, Reasoning Subdued Demand

The Polyamide market witnessed a descending price trend as the first quarter of 2024 commenced. This decline was primarily attributed to bearish demand conditions originating from the downstream automotive and electrical sectors within the European market. The weakened demand from these key sectors exerted downward pressure on Polyamide prices, reflecting broader economic challenges or specific industry-related issues. Moreover, the feedstocks for Polyamide i.e., Caprolactam and Adipic Acid, also played a role in the descending price pattern. The decline in feedstocks prices contributed to the overall reduction in production costs for Polyamide, subsequently influencing the pricing dynamics in the downstream market. Oil next year

In terms of demand, the Polyamide market faced challenges as fresh orders from potential customers remained weak. Additionally, trading activities in the international market experienced a reduction, primarily attributed to disruptions in ocean routes. These disruptions, which may include factors like shipping delays, port closures, or logistical challenges, had a consequential impact on the global trading dynamics of Polyamide.

In January, manufacturers in the Eurozone exhibited a less aggressive approach towards reducing their purchasing activities.

This suggests a moderation in the extent to which they scaled back procurement of raw materials and components for their production processes. The market participants, potentially influenced by economic uncertainties or geopolitical events, exercised caution in their purchasing decisions. Oil next year

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European Polyamide Prices Decline in January, Reasoning Subdued Demand

Enzyme found in laundry detergent could help recycle plastic

With a simple chemical tweak, chemists have created robust enzymes that break down single-use bioplastic into its building blocks within two days

Researchers at King’s College London have found a way to break down plastics into their building blocks for recycling. The process takes less than 40 hours and uses an enzyme commonly found in bio-based laundry detergents.

The advance reported in the journal Cell Reports Physical Science could lead to an efficient way to recycle the single-use plastic called polylactic acid (PLA). “We have chosen polylactic acid as this plastic does not have any real way of properly recycling it,” says chemistry professor Alex Brogan.  Oil next year

“Our development changes this, as we have been able to convert the plastic to its constituent building blocks in less than 40 hours at 90°C.”

Although PLA is made from renewable sources such as corn starch and sugar cane, it is just as big an environmental problem as petroleum-derived plastics. It is the most common commercial bioplastic—the world produced 457,000 tons in 2021—and is used mainly to make disposable food containers, cups, and utensils.

Most of these items end up in landfills, where they do not biodegrade. PLA can only biodegrade in industrial compost settings, where it takes 12 weeks to break down at 60°C. This makes industrial composting “a fairly energy intensive and time-consuming process of converting the plastic to fertilizer or mulch,” Brogan says. Oil next year

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Enzyme found in laundry detergent could help recycle plastic

Eni to Build Third Biorefinery in Italy

Eni SPA said it is awaiting government clearance to begin construction of its third biofuel production plant in Italy, proposed to rise in the port city of Livorno.

“The project, first announced in October 2022 and followed by an application for Environmental Impact Assessment in November 2022, is awaiting official authorizations and includes the construction of three new facilities for the production of hydrogenated biofuels: a biogenic feedstock pre-treatment unit; a 500,000 tonnes/year Ecofining plant; and a facility to produce hydrogen from methane gas”, the Italian state-controlled energy major said in a recent news release. Ecofining is a trademarked technology developed by Eni and Honeywell UOP to transform biogenic raw materials into biofuels.

Eni has set a goal of raising its biorefining capacity from the current 1.65 million tons per annum (MMtpa) to over 5.0 MMtpa as part of efforts to become a carbon-neutral company by 2050.  Oil next year

The proposed project wants to transform the Livorno industrial site in Tuscany region on the Italian northeastern coast.

Its two biorefineries in operation in Italy had been converted from fossil fuel refineries. The Porto Marghera biorefinery in the northern coastal city of Venice started production June 2014 as the world’s first project to successfully transform a traditional refinery into a biorefinery according to Eni.

Its processing capacity has been raised from an initial 360,000 MMtpa to 400,000 MMtpa, according to information from Eni’s website.  Oil next year

The other refinery, which faces the Mediterranean Sea in the Sicilian city of Gela, opened August 2019 with a 750,000-MMtpa processing capacity according to Eni.

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Eni to Build Third Biorefinery in Italy

Arburg, the renowned German manufacturer, is set to showcase cutting-edge technology at Mecspe in Bologna

The exhibition will feature two injection molding machines, with one displayed at Mecspe Lab – Innovation Space in the central hall. Additionally, a third machine will be dedicated to additive manufacturing.

At Arburg’s booth in Pavilion 36, the spotlight will be on the Allrounder 520 A 1500 electric press, configured for medical applications in an ISO 7 cleanroom environment. Specifically designed for rapid and complex processes, this Ultimate version will be equipped with a Kebo 4-cavity mold to produce polypropylene syringe bodies (Bormed RF825MO by Borealis) in a swift 9-second cycle.  Oil next year

The machine is complemented by the latest-generation Gestica control, featuring digital functions and apps to meet stringent medical traceability and quality requirements. It also incorporates operator assistance and Industry 4.0 packages, along with connectivity to the proprietary MES for real-time production data acquisition and analysis.

Arburg’s booth will also debut the Innovatiq TiQ5 Pro 3D printer, boasting an open material platform for large-scale components (500 x 400 x 450 mm). The vacuum bed and active heating chamber ensure reliability in extended or challenging jobs with various materials, including hard or soft, and fiber-reinforced or high-temperature plastics.

The printer features the CoreLine print head, a dual extruder reaching 400 °C, and a vacuum bed for enhanced stability and adhesion, improving the finished product’s quality. The SmartStart function, with automatic leveling and nozzle calibration, optimizes the start of each print, making the TiQ5 Pro ideal for a range of industrial applications from rapid prototyping to complex component production.  Oil next year

Moreover, Arburg will contribute to the Mecspe Lab Innovation Space at the Service Center with the hybrid Allrounder 470H 1000 290 Comfort press, which debuted last year on the company’s centennial. This machine, equipped with a metal 3D-printed mold, will manufacture a component for GPS devices used in avalanche rescue during the exhibition.

Arburg, the renowned German manufacturer, is set to showcase cutting-edge technology at Mecspe in Bologna

Green hydrogen -Total Energies has successfully transformed feedstocks from plastic waste into new polymer at its polypropylene plant in La Porte, Texas 05-02-2024

Oil next year

Polymers prices – In Switzerland, a significant shift is underway in the dairy industry as milk bottles transition from polyethylene (PE) to polyethylene terephthalate (PET) 05-02-2024

 Polymers prices

 Polymers prices

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

 Polymers prices

 Polymers prices

Polyestertime
ITEM 29/01/2024 05/02/2023 +/-
Bottle grade PET chips domestic market 7,200 yuan/ton 7,050 yuan/ton -150
Bottle grade PET chips export market 920 $/ton 905 $/ton -15
Filament grade Semidull chips domestic market 6,975 yuan/ton 6,930 yuan/ton -45
Filament grade Bright chips domestic market 6,975 yuan/ton 6,930 yuan/ton -45
Pure Terephthalic Acid PTA domestic market 6,035 yuan/ton 5,865 yuan/ton -70
Pure Terephthalic Acid PTA export market 745 $/ton 720 $/ton  

-25

 

Monoethyleneglycol MEG domestic market 4,715 yuan/ton 4,640 yuan/ton -75
Monoethyleneglycol MEG export market 555 $/ton 543 $/ton -12
Paraxylene PX FOB  Taiwan market

 Polymers prices

1,041 $/ton 1,016 $/ton
-25
Paraxylene PX FOB  Korea market 1,019 $/ton 994 $/ton -25
Paraxylene PX FOB EU market 1,095 $/7on 1,120 $/ton +25
Polyester filament POY 150D/48F domestic market 7,700  yuan/ton 7,730 yuan/ton
+30
Recycled Polyester filament POY  domestic market 7,650 yuan/ton 7,700 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 9,050 yuan/ton 9,050 yuan/ton
Polyester filament FDY 68D24F

 Polymers prices

9,150 yuan/ton 9,150 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,425 yuan/ton 8,430 yuan/ton +5
Polyester staple fiber 1.4D 38mm domestic market 7,420 yuan/ton 7,350 yuan/ton -70
Caprolactam CPL domestic market 13,650 yuan/ton 13,750 yuan/ton
+100
Caprolactam CPL overseas  market 1,650 $/ton 1,670 $/ton -+20
Nylon 6 chips overseas  market 1,920 $/ton 1,920 $/ton
Nylon 6 chips conventional spinning domestic  market 14,525 yuan/ton 14,600 yuan/ton +75
Nylon 6 chips  high speed spinning domestic  market

 Polymers prices

15,000 yuan/ton 15,050 yuan/ton +50
Nylon 6.6 chips domestic  market 19,750 yuan/ton 19,750 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,100 yuan/ton 17,150 yuan/ton +50
Nylon6 Filament DTY 70D/24F domestic  market 19,250 yuan/ton 19,300 yuan/ton- +50
Nylon6 Filament FDY  70D/24F  18,100 yuan/ton 18,200 yuan/ton +100
Spandex 20D  domestic  market

 Polymers prices

34,200 yuan/ton 34,200 yuan/ton
Spandex 30D  domestic  market 32,700 yuan/ton 32,700 yuan/ton
Spandex 40D  domestic  market  29,700 yuan/ton 29,700 yuan/ton
Adipic Acid domestic market 9,900 yuan/ton 10,000 yuan/ton +100
Benzene domestic market

 Polymers prices

8,020 yuan/ton 8,260 yuan/ton +240
Benzene overseas  market 994 $/ton 990 $/ton -4
Ethylene South East market 910 $/ton 950 $/ton +40
Ethylene NWE market CIF 734 $/ton   758 $/ton +24
Acrylonitrile ACN  domestic market

 Polymers prices

9,400 yuan/ton 9,200 yuan/ton -200
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 13,050 yuan/ton 13,050 yuan/ton
PP Powder domestic market

 Polymers prices

7,100 yuan/ton 7,070 yuan/ton -30
Naphtha overseas market  704 $/ton 654 $/ton -50
Phenol domestic market 7,620 yuan/ton 7,587 yuan/ton -33

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

 Polymers prices

In Switzerland, a significant shift is underway in the dairy industry as milk bottles transition from polyethylene (PE) to polyethylene terephthalate (PET)

Since the summer of 2023, PET-packaged milk products bearing the blue and yellow logo of PET Recycling Switzerland can be returned in a dedicated PET collection, initiating a closed-loop recycling system. This move aims to promote a circular economy, addressing the limitations of PE bottles, which are not recyclable in closed-loop systems.

Consumers are urged to follow updated recycling instructions during this transition phase to ensure proper disposal and recycling. Jean-Claude Würmli, Managing Director of PET Recycling Switzerland, applauds the collaboration among competitors in the industry, united by a shared commitment to sustainable practices   Polymers prices

To maintain high-quality PET recycling for milk bottles, compliance with recycling guidelines and financing through an upfront recycling fee are essential. Producers meeting these conditions can use the PET Recycling Switzerland logo on their products. This logo designates that the PET bottles containing milk products must be placed in the dedicated PET collection, while other plastic bottles continue to be deposited in the plastic bottle collection.

The technical demands of recycling PET beverage bottles containing milk products are being addressed through investments in sorting and recycling facilities, such as the recent expansion of the PET sorting plant at Müller Recycling AG in Frauenfeld.

These advancements ensure that after the transition phase, PET milk bottles can be efficiently recycled in a closed-loop system within Switzerland, minimizing transport distances and further enhancing environmental sustainability in the Swiss dairy industry.

 Polymers prices

Visit PET-Recycling Schweiz

In Switzerland, a significant shift is underway in the dairy industry as milk bottles transition from polyethylene (PE) to polyethylene terephthalate (PET)

Green hydrogen -Total Energies has successfully transformed feedstocks from plastic waste into new polymer at its polypropylene plant in La Porte, Texas 05-02-2024

Green hydrogen

Polymers prices – In Switzerland, a significant shift is underway in the dairy industry as milk bottles transition from polyethylene (PE) to polyethylene terephthalate (PET)

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Green hydrogen

Crude Oil Prices Trend 

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Total Energies has successfully transformed feedstocks from plastic waste into new polymer at its polypropylene plant in La Porte, Texas

This achievement is the result of a multiyear agreement with New Hope Energy, a company utilizing patented pyrolysis technology in partnership with Lummus Technology to convert plastic waste into pyrolysis oil, cracked gas, and pitch. Under the agreement, New Hope Energy supplies Total Energies with petrochemical feedstock derived from plastics, supporting Total Energies’ ambitious goal of producing one million tons of circular polymer by 2030.  Green hydrogen

The process involves converting feedstock from plastic waste into monomer at the BASF Total Energies Petrochemicals (BTP) facility in Port Arthur, a joint venture between BASF and TotalEnergies. Subsequently, the monomer is polymerized into sustainable polypropylene at Total Energies’ La Porte plant. The resulting polymers are certified as sustainable and suitable for various applications, including food-grade packaging.

New Hope Energy plans to expand its Tyler facility’s capacity to process more than 420 metric tons per day of waste plastic by 2026. Rusty Combs, CEO of New Hope Energy, expresses enthusiasm about the partnership with Total Energies, stating that the supply agreement marks a crucial step toward achieving New Hope’s goal of significantly improving the nation’s plastic recycling performance.  Green hydrogen

Both the La Porte and BTP facilities received their ISCC+ certification in 2022, highlighting the commitment to advanced recycling practices and sustainability in the production of circular polymers.

Green hydrogen

In December 2023, Germany witnessed a substantial 8.5% YoY decline in import prices and a 2.4% YoY reduction in export prices, according to data released by the Federal Statistical Office (Destatis)

The significant downturn in import prices, persisting since October, is largely attributed to a base effect stemming from elevated price levels in 2022. In comparison to November, import prices experienced a 1.1% decline during the month.

Energy imports played a pivotal role in shaping the economic landscape, with December’s energy imports costing 32.1% less than the previous year and 6.3% less than November. Notably, natural gas exerted the most considerable influence on the YoY rate of change for energy, registering a staggering 49% decrease in prices compared to December 2022. The broader spectrum of energy sources, including electricity, crude oil, mineral oil products, and hard coal, also witnessed price drops ranging from 2.8% to 25.2% compared to November 2023.  Green hydrogen

On an annual average basis, import prices experienced an 8.3% YoY decline in 2023, marking the most significant drop since 2009. Export prices mirrored the trend, showcasing a 0.3% YoY decrease on an annual average basis in 2023 compared to the preceding year. The economic dynamics unveiled in this data suggest a notable shift in pricing trends and underscore the impact of various factors, including energy costs, on Germany’s trade landscape.

Green hydrogen

Sun Chemical Implements Freight Surcharges in Light of Red Sea Crisis

Sun Chemical will implement selected freight surcharges impacted by the Red Sea crisis globally.

Against the backdrop of geopolitical instabilities, maritime transportation through the Suez Canal and Red Sea has been especially severely impacted since November. With around 30% of the world’s container trade shipped via this route, many shipments are facing delays and some are being rerouted via the Cape of Good Hope, significantly increasing the distance travelled and adding further costs and time. Cargo air freight is also seeing a spike in demand to avoid such longer diversions.  Green hydrogen

Vessels departing from China, India, and the rest of the Far East are being affected by safety measures, shipments delays, rotation of containers, as well as ports’ congestion, causing journey extensions of at least 20 days on the outward and 20 days on their return. Several forces majeures have been invoked already, while the situation is also causing significant cost increases and could soon start to impact the availability of raw materials.

As a proactive response to these challenges, Sun Chemical is actively monitoring the evolving situation through its extensive global network of partners. The primary objective remains ensuring the continued supply of high-quality products and services to customers. In light of the dynamic nature of the crisis, Sun Chemical is taking necessary steps to secure raw materials and minimise transportation delays.  Green hydrogen

Sun Chemical is committed to mitigating rising costs whenever possible, however, the rapid escalation in freight cost pressures has made the introduction of some freight surcharges unavoidable. Sun Chemical will communicate specific adjustments directly with its customers, underscoring its dedication to transparency and collaboration in navigating the challenges posed by the Red Sea crisis. This strategic approach ensures that Sun Chemical continues to provide reliable and innovative solutions to its valued customers in the face of unprecedented global disruptions.

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Green hydrogen

Russia Registers a Substantial 12% Growth in Imports of Large-Capacity Polymers

In the dynamic landscape of Russia’s polymer industry, the year 2023 brought forth noteworthy trends, witnessing a significant 12% surge in the imports of large-capacity polymers by Russian companies. This increase amounted to a total of 1 million tons, reflecting a substantial shift in the country’s polymer trade dynamics. Simultaneously, the export front experienced a decline of 24.8%, with total polymer exports, excluding countries within the Customs Union, reaching 1.3 million tons. This downturn was particularly prominent in high-density polyethylene (HDPE), polystyrene (PS), and suspension polyvinyl chloride (PVC-C).  Green hydrogen

On the domestic production front, large-capacity polymers exhibited a commendable growth of 3.1%, resulting in a cumulative production of 7.4 million tonnes. Notably, polypropylene (PP) and polyethylene terephthalate (PET) emerged as standout performers, showcasing the most substantial growth rates in the domestic production landscape.

The apparent consumption of seven large-capacity polymers within Russia, including polyethylene (LDPE, HDPE, LDL), polypropylene (PP), polystyrene, polyvinyl chloride (PVC-C, PVC-E-free), and polyethylene terephthalate (PET), marked a 12% increase in 2023 compared to the preceding year. The total apparent consumption reached 7.1 million tons, considering a forecast for December. This upswing is indicative of the industry’s resilience and adaptability to evolving market conditions.  Green hydrogen

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Russia Registers a Substantial 12% Growth in Imports of Large-Capacity Polymers

Lhyfe, a prominent European producer of green and renewable hydrogen, is embarking on a groundbreaking project by constructing a hydrogen production plant in Brake, Germany

Positioned in the harbor area of Niedersachsen Ports, the plant will be the first in northern Germany to provide green hydrogen to the broader market. The facility, with an installed electrolysis capacity of 10 MW, is anticipated to produce up to 1150 tons of green hydrogen annually, sourced from wind and photovoltaic plants via corporate Power Purchase Agreements (PPAs).  Green hydrogen

The project, marked by a recent groundbreaking ceremony scheduled for February 1st, underscores the economic viability of hydrogen solutions in transportation and industrial sectors. Luc Graré, Head of Central & Eastern Europe at Lhyfe, expressed enthusiasm about the project’s contribution to Lower Saxony’s hydrogen infrastructure goals and its positive impact on regional job creation and economic growth.

Lower Saxony Economics Minister, Olaf Lies, lauded the initiative as a significant step towards sustainable energy supply, regional value creation, and decarbonization. The project, situated in the port of Brake, aligns with the town’s commitment to clean energy technologies and is expected to position the port as a hub for green innovation and sustainable growth.

The green hydrogen plant in Brake is seen as pivotal in decarbonizing the industrial port complex and maritime transport. Michael Kurz, Mayor of Brake (Unterweser), highlighted the long-term benefits for the local economy and the town’s positioning as a pioneer in clean energy technologies.  Green hydrogen

Holger Banik, Managing Director of Niedersachsen Ports, emphasized the port’s role in serving a broad network over short distances and contributing to the energy transition and circular economy in the region.

This project in Lower Saxony aligns with Lhyfe’s commitment to the market ramp-up of green hydrogen and follows the recent announcement of the company’s largest hydrogen production plant in Baden-Württemberg. The Schwäbisch Gmünd plant, with a 10 MW production capacity, commenced construction in October, marking another significant milestone in Lhyfe’s pursuit of a sustainable and low-carbon future.  Green hydrogen

Lhyfe, a prominent European producer of green and renewable hydrogen, is embarking on a groundbreaking project by constructing a hydrogen production plant in Brake, Germany

In a historic collaboration, Mitsui Chemicals Inc. and Teijin Ltd. are set to revolutionize the Japanese resin industry by becoming pioneers in the development and commercialization of biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins

This groundbreaking initiative is geared towards achieving carbon neutrality by mitigating greenhouse gas emissions throughout the entire product life cycle.

Mitsui Chemicals, having recently obtained ISCC PLUS certification, is poised to supply biomass BPA using the mass-balance approach, becoming the first Japanese company to commercially produce biomass-derived BPA. Teijin, leveraging this development, will commence the production of biomass PC resin utilizing Mitsui Chemicals’ biomass BPA.

The strategic partnership aims to expand the use of biomass-derived plastics in commercial sectors such as automotive headlamps and electronic components. Teijin will procure biomass-derived BPA from Mitsui Chemicals to fabricate PC resins with identical physical attributes to their petroleum-derived counterparts.  Green hydrogen

Mitsui Chemicals, leading in environmental consciousness since December 2021, integrates naphtha crackers in its petrochemical plants to replace petroleum-derived naphtha with bio-based hydrocarbons. The company envisions the continued introduction of ISCC PLUS-certified mass-balance derivatives, producing biomass-derived raw materials through chemical reactions.

Teijin, committed to low-environmental-impact recycled PC resins and conventional PC resins, aligns with the evolving landscape of sustainable practices. Both companies aim to secure ISCC PLUS certification for various products, facilitating the development and production of ecologically sustainable products across the supply chain.

With Mitsui Chemicals targeting ISCC PLUS certification for all phenol-chain products by March 2024 and Teijin anticipating certification in the first half of fiscal 2023, this collaboration underscores the industry’s commitment to meeting the demand for low-environmental-impact products in support of carbon neutrality. The future envisions a seamless integration of environmentally conscious choices into the production and application of PC resins.  Green hydrogen

In a historic collaboration, Mitsui Chemicals Inc. and Teijin Ltd. are set to revolutionize the Japanese resin industry by becoming pioneers in the development and commercialization of biomass-derived bisphenol A (BPA) and polycarbonate (PC) resins

 

Zero carbon emissions – Mazda has established a rotary engine development group of 36 engineers who will work on the advancement of renewable energy used as generators 03-02-2024

Green hydrogen

Zero carbon emissions – Mazda has established a rotary engine development group of 36 engineers who will work on the advancement of renewable energy used as generators 03-02-2024

Zero carbon emissions

Exploring Five Inquiries on the Houthis and the Red Sea Conflict: Recent Offensives and Concealed Motives

The conflict rages on from Syria to the shores of the Red Sea, driven by various and intersecting motives. Why did the United States and Britain launch airstrikes on Yemen once again? The missions fall into three categories: 1) Preventive actions to deter imminent Houthi attacks on civilian navigation, targeting alleged launch ramps and explosive stockpiles, according to official American statements. 2) Retaliatory strikes in response to the Houthi movements. 3) Efforts to disable their arsenal. However, the effectiveness of these missions raises questions.

Radio-controlled Mines and Boats Despite numerous coalition waves claiming the destruction of major Houthi systems over weeks, the militia persists in armed provocations against merchant vessels and oil tankers, as well as allied units en route to Israel. Alongside drones and missiles, they have unsuccessfully reintroduced radio-controlled explosive boats, posing a continued risk of mines that have already affected local fishermen.  Zero carbon emissions

The persistent Houthi activity, foreseen by authorities, suggests that a prolonged campaign is currently off the White House’s agenda. Even a few rockets could suffice for the Houthis to sow insecurity along the route. Gregory D. Johnsen highlights the stark difference in intent: while the White House pursues short-term solutions, the Houthis think long-term to retain power. What are the faction’s objectives? Formally aligning with Palestinians in Gaza, the Houthis declare their intention to disrupt traffic connected to Israel until the end of the Strip’s invasion.

Hidden Motivations This surface-level narrative reveals deeper motivations. Beyond the formal stance, regional ambitions, a Shiite version of a jihadist plan, support for Iran’s strategy, a position of strength against local adversaries (Arabia, Emirates, Bahrain), prestige, and the potential to dictate favorable conditions in the Arabian Peninsula’s prolonged conflict are all factors.  Zero carbon emissions

Some speculate that the Houthis may seek toll payments, akin to Egypt’s role in the Suez Canal, exploiting their strategic position. Do the militants fear consequences? Experts argue that the U.S. strikes offer the Houthis an opportunity to enhance their “revolutionary” image, align with the cult of “martyrdom,” and garner support from those opposing Washington. Even in the West, there is support, overlooking the movement’s roots. Ansar Allah, their original name, utilizes the crisis to intensify internal repression, as reports surface about the suppression of opponents.

The Shadow of Tehran What are the ties with Iran? Rooted in history since the early days of the Islamic Republic (established with the Khomeini revolution in 1979) and religious in nature, the relationship is strengthened by substantial arms supplies. Tehran views the Houthis as crucial allies, having influence over the Red Sea and the ability to pressure Sunni monarchies when needed. The presence of a Qods Division command of the Pasdaran in Sanaa facilitates cooperation. The Iranian spy ship Behshad operates south of Aden, providing assistance and serving as a symbolic target for some. The Houthis, constrained by alliances, become significant players in the proxy conflict.

The question lingers about whether Tehran can dictate orders to the Houthi leadership. Hypotheses range from strict obedience (Hypothesis 1) to a self-directed leadership (Hypothesis 2), or a fluid mix of both (Hypothesis 3). This fluid scenario enables international diplomacy to tailor its response to Iran’s role based on convenience and plans at different moments. Zero carbon emissions

Exploring Five Inquiries on the Houthis and the Red Sea Conflict: Recent Offensives and Concealed Motives

STADLER and Krones Close Plastics Circular Economy Loop at Las Vegas

Republic Services, in collaboration with STADLER Anlagenbau GmbH and Krones, has inaugurated North America’s pioneering vertically integrated plastics recycling facility in Las Vegas. The Republic Services Polymer Center marks the first instance of a U.S. company managing the complete plastics recycling stream, from curbside collection to the production of high-quality recycled resins for sustainable packaging.

STADLER, overseeing mechanical sorting on PET and PO lines, played a crucial role alongside Krones, the general contractor for the Polymer Center. This facility, processing presorted plastics from across the Western U.S., is set to produce over 100 million pounds annually of recovered resin for circular economy integration. Zero carbon emissions

The plant’s dual lines, one for PET and another for mixed plastics, boast a capacity of 5t/h each, making it the largest Dual Line plastics recycling plant in the USA. Employing state-of-the-art technology, including STADLER’s ballistic separator and NIR sorters, the facility efficiently separates materials for further processing.

Republic Services plans to establish three more Polymer Centers nationwide to bridge the gap between current recycled plastic supply and the burgeoning demand driven by regulatory changes and consumer preferences for sustainable packaging. Following the success of the Las Vegas project, Republic Services has extended its collaboration with STADLER and Krones, demonstrating confidence in their equipment and design for future Polymer Centers. The company aims to contribute significantly to achieving true bottle-to-bottle and package-to-package circularity for plastics, addressing the increasing demand for recycled plastics in the market.  Zero carbon emissions

Zero carbon emissions

The European Commission has granted approval for a €550 million ($597 million) Italian State aid scheme geared towards advancing the shift to a net-zero economy

This initiative, in line with the Green Deal Industrial Plan, operates under the State aid Temporary Crisis and Transition Framework, focusing on accelerating the green transition and lessening fuel dependencies in crucial sectors. Italy proposed the €550 million scheme to encourage the substitution of methane and other fossil fuels with renewable hydrogen, as part of the broader effort to achieve a sustainable industrial landscape.

The aid, disbursed as direct grants through the Italian National Recovery and Resilience Plan (PNRR), specifically targets companies heavily reliant on fossil fuels in various Italian industrial sectors.  Zero carbon emissions

Eligible projects are mandated to achieve a minimum 40% reduction in greenhouse gas emissions or a 20% reduction in energy consumption compared to current levels. To qualify, companies must transition from fossil fuels to renewable hydrogen, with the option to combine this with investments in electrification or enhanced energy efficiency.

The Commission has set stringent conditions, ensuring that hydrogen constitutes at least 40% of total energy inputs from project initiation, reaching 75% by 2032 and 100% by 2036. The aid measure, capped at €200 million ($217 million) per beneficiary, is scheduled for disbursement before December 31, 2025. The Commission underscored the necessity, appropriateness, and proportionality of the Italian hydrogen scheme in expediting the green transition, aligning with the REPower EU Plan and the Green Deal Industrial Plan. Conditions under the Temporary Crisis and Transition Framework are designed to guarantee emission reductions and a shift to hydrogen use while preventing production capacity increases beyond 2%.  Zero carbon emissions

Margrethe Vestager, the Executive Vice-President overseeing competition policy, commended the scheme for its role in significantly decarbonizing industrial processes and reducing Italy’s reliance on imported fossil fuels. The approved aid measure is anticipated to contribute to Italy’s objective of a complete transition to hydrogen by 2036 across supported investments, aligning with broader European sustainability goals.

Zero carbon emissions

Adana’s Polypropylene Plant Construction Signals Turkey’s Entry into Middle East Market

Nestled in the Ceyhan Industrial Zone within the Adana Province, the polypropylene plant is poised to boast an impressive production capacity of 472.5 thousand tons annually. The estimated cost of this monumental project stands at USD 1.7 billion, with a projected annual contribution of USD 250 million to Turkey’s foreign trade balance. The strategic significance of this venture extends beyond national boundaries, holding the promise of elevating Turkey’s status as a key player in the global polypropylene market.

One of the noteworthy features of this polypropylene plant is its commitment to sustainable practices, as approximately 80% of the facility’s energy needs will be met through renewable energy sources.  Zero carbon emissions

This is made possible through the independent production of hydrogen and harnessing the power of hydroelectric power plants. Such a sustainability-focused approach aligns with the global push towards environmentally responsible industrial practices, underscoring Turkey’s commitment to a greener and more sustainable future.

Turkey, thus far, has had a singular producer of polypropylene in Petkim Petrokimya Holding, generating around 100 thousand tons annually. The introduction of the new polypropylene plant is poised to revolutionize this landscape, mitigating the dependency on imports and potentially making Turkey a self-sufficient hub for this essential polymer.

Beyond the domestic market, the strategic positioning of the plant and its significant production capacity set the stage for Turkey to actively engage in the global polypropylene trade.

Zero carbon emissions

Asian PX price remains above $1,000/mt, but uptrend slowing on weak demand

The outright price of Asian paraxylene has stayed above the $1,000/mt mark moving into February amid support from firm buying interest, traders and producers told S&P Global Commodity Insights, but a slowdown in trade activity and demand ahead of the Lunar New Year is reversing the uptrend seen at the start of the year.

Market sources said that this decline will continue in the near term, with further pressure from weak downstream margins, but prices are expected to rise again in Q2 on US summer demand.  Zero carbon emissions

Platts assessed the benchmark PX CFR Taiwan/China down $10/mt day on day at $1,025.67/mt at the Asian close Jan. 31, S&P Global data showed. PX prices had risen to a 15-week high of $1,042.67 on Jan. 23, the data showed, up $82/mt or 8.54% from when levels had bottomed out at $960.67/mt on Dec. 7.

Traders said that while PX prices had strengthened recently due to improving demand for cargoes arriving in March and April, the upward momentum had been stalled by lower operation rates among producers of downstream purified terephthalic acid, or PTA, and polyester during China’s biggest holiday in early February.

“Looks like the fundamentals [for PX] are weak [so] need to see [the market] after the Chinese New Year,” a trader said.  Zero carbon emissions

Polyester and PTA operating rates had steadily dropped in January amid the festivities-related slowdown in China, sources said.

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Asian PX price remains above $1,000/mt, but uptrend slowing on weak demand

Replacing expanded polystyrene with compostable trays for protein packaging

SEE has launched a biobased, industrial compostable tray that can replace expanded polystyrene in food applications

Expanded polystyrene (EPS) is often classified as non-recyclable. The material is also often used to package fresh poultry and red meat, which results in large amounts of non-biodegradable and non-recyclable waste.

Now, US-based packaging solutions provider SEE, previously Sealed Air, has developed an industrially compostable overwrap tray made from bio-based content to replace EPS trays. The Cryovac food-grade resin is USDA-certified as having 54% bio-based content form renewable wood cellulose.  Zero carbon emissions

The tray was developed to offer the same performance and stability as EPS foam trays, SEE said. It underwent extensive trials across the food value chain where it survived rigorous manufacturing systems, extreme temperatures, and demanding shipping and distribution environments without breaking, cracking, or leaking, the company added.

Without added components such as the overwrap film, pad, label, or sticker, the tray has been tested and certified by BPI to be industrial compostable, meaning it can be broken down by biological treatment at a large-scale industrial composting facility where available. The resin used to make the tray has been certified by TÜV Austria as soil and marine biodegradable, which means it is degraded by microorganisms existing naturally in the environment.  Zero carbon emissions

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Replacing expanded polystyrene with compostable trays for protein packaging

Pevalen™ Pro 100: Perstorp’s innovative leap towards more sustainable non-phthalate plasticizers

Leading specialty chemicals innovator Perstorp has launched Pevalen™ Pro 100, marking a new era in PVC plasticizing technology. The new grade of Pevalen features 100% renewable carbon content based on mass balance, applying chemical and physical traceability. By factoring in the biogenic CO2 uptake* from its renewable raw materials, Pevalen Pro 100 offers a product carbon footprint reduction of approximately 80% relative to its fossil-based equivalent from cradle to Perstorp gate.

Pevalen™ Pro 100 is a significant advancement in non-phthalate plasticizers, merging high performance with sustainable sourcing.  Zero carbon emissions

It sets a new benchmark in the industry of flexible PVC by offering a solution that is not only 100% renewable-based but also does not compromise on performance or safety. Pevalen™ Pro 100’s development is a testament to Perstorp’s dedication in materials chemistry and proactive approach to environmental stewardship, ensuring superior performance in a wide range of PVC applications.

Key features of Pevalen™ Pro 100 are:

  • Fully based on mass-balanced ISCC PLUS-certified raw materials.
  • Low carbon footprint to reduce CO2 emissions throughout the value chain.
  • Drop-in replacement for easy adoption in formulations.
  • True non-phthalate plasticizer.
  • High plasticizing efficiency enabling faster processing and requiring less material and energy.  Zero carbon emissions

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Pevalen™ Pro 100: Perstorp's innovative leap towards more sustainable non-phthalate plasticizers

Mazda has announced the establishment of a team dedicated to the research and development of rotary engines, with the aim of adapting them to the new era of zero carbon emissions

The Japanese automaker, which recently reinstated the rotary engine in the MX-30 R-EV as a range extender, indicates that the new rotary engine will not be used directly to move the wheels, but rather as a power generator.
Its function will be to recharge the battery of an electric unit that will provide thrust to the wheels, allowing cars to increase autonomy by installing more compact and lighter batteries.  Zero carbon emissions
Mazda has established a rotary engine development group of 36 engineers who will work on the advancement of renewable energy used as generators.
The team will also engage in research to evaluate the compatibility of the new rotary engine with the regulations of the main markets and the application of zero CO2 emission fuels.
The automaker, known for being a pioneer and supporter of the rotary engine, resumed its production after 11 years with the RX-8. In a context of ecological transition, Mazda is exploring new applications for this technology.
The Iconic SP prototype, presented at the Tokyo Motor Show, uses a double Wankel rotor to generate current for a 370 HP electric powertrain, demonstrating an innovative adaptation to the new needs of the automotive sector.
Although new production sports cars are not yet certain, this represents a step forward in the search for sustainable solutions for Mazda rotary engines.  Zero carbon emissions
Mazda has announced the establishment of a team dedicated to the research and development of rotary engines, with the aim of adapting them to the new era of zero carbon emissions

Fibre Extrusion Technology – Europe could miss targets due to low plastic recyclate demand, report warns 02-02-2024

Zero carbon emissions

Fibre Extrusion Technology – Europe could miss targets due to low plastic recyclate demand, report warns 02-02-2024

Fibre Extrusion Technology

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Europe could miss targets due to low plastic recyclate demand, report warns

According to Plastics Recyclers Europe, the total European installed plastics recycling capacity saw a 7% decline in growth rate year-on-year and reached 12.5 million tonnes in 2022 – potentially putting Europe at risk of missing legislative targets.

Its latest report examines 850 different recycling sites across Europe, many of them small, with an average capacity of 15,000 tonnes. Plastics Recyclers Europe states that the plastics recycling sector consists of over 30,000 workers and generates a turnover of €10.4 billion.  Fibre Extrusion Technology

The decrease in growth rate from 17% to 10% year-on-year is attributed to heavy market disruptions that the European market has been facing since 2020.

“Progress is indispensable for ensuring the viability of the plastics recycling industry,” said Ton Emans, president at Plastics Recyclers Europe. “While the commitment from recyclers remains strong, our sector has faced unprecedented challenges, first with the halt of activities during the COVID-19 outbreak, followed by the energy crisis in 2022.

“Most recently, in 2023, the concerningly low demand for recyclates hit the sector, resulting from low prices for virgin plastics due to reduced industrial production in the EU and cheap imports of recycled plastic from outside the EU.  Fibre Extrusion Technology

Moving forward, enforcement of legislative measures will be essential in ensuring the progress can be continued.”

This report is Plastics Recyclers Europe’s first to distinguish between polyethylene and polypropylene, which were previously combined into a single figure.

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Fibre Extrusion Technology

Arkema, a pioneering force in specialty materials, is at the forefront of innovation with the introduction of the groundbreaking Foranext® Gaseous Thermal Barrier (GTB) line

This revolutionary material is specifically designed to enhance the safety of electric vehicle (EV) batteries by preventing the propagation of thermal runaway, a key factor in battery fires.

The Foranext® GTB represents a paradigm shift in EV battery safety, addressing the critical need for preventive measures at the origin of battery fires. As the industry strives to advance EV technology, Arkema’s commitment to safety is evident in this first-of-its-kind solution. Fibre Extrusion Technology

In parallel, Arkema achieves a significant milestone in the decarbonization of its acrylic production chain. The company proudly announces the attainment of ISCC+ certification for its acrylic acid and ester production facility in Taixing, Jiangsu Province, China. This certification underscores Arkema’s dedication to sustainability and environmental responsibility.

Arkema continues to play a pivotal role in shaping the future of materials and technologies, demonstrating a commitment to safety, innovation, and sustainability across its diverse portfolio. With a track record of leadership in specialty materials, Arkema stands as a driving force in the ongoing evolution of industries towards a safer and more sustainable future.  Fibre Extrusion Technology

Fibre Extrusion Technology

Ton Emans, President of the Plastics Recyclers Europe (PRE), expressed concern as the European plastic recycling industry faces challenges impacting its growth

The latest data reveals that the total installed plastics recycling capacity in Europe reached 12.5 million tonnes in 2022, with a notable decline in the growth rate from 17% to 10% year-on-year due to market disruptions.

Emans emphasized the industry’s resilience despite facing unprecedented challenges such as the COVID-19 outbreak and the 2022 energy crisis. In 2023, low demand for recyclates became a significant issue, attributed to reduced industrial production in the EU and the influx of cheap recycled plastic imports from outside the EU, affecting prices for virgin plastics.  Fibre Extrusion Technology

The report analyzed 850 recycling sites in Europe, primarily small with an average capacity of 15,000 tonnes, contributing €10.4 billion in turnover and employing over 30,000 workers. Flexible polyolefins, PET, and rigid polyolefins dominate the polymer grades, comprising over 80% of the total capacity.

Geographically, Germany, Italy, Spain, the United Kingdom, and France represent 60% of recycling activities. Spain, Italy, Poland, and Belgium show a significant share of PE and PP flexibles in installed recycling capacity, while France dedicates nearly one-third to PET.

Despite consistent investment over the years to meet legislative targets, achieving them is at risk due to lower growth in recyclates production caused by decreased demand. The industry, responsible for reducing over 10 million tonnes of CO2 emissions in 2022, looks to new legislative developments like the Packaging and Packaging Waste Regulation and End-of-Life Vehicles Directive, emphasizing the need for enforcement mechanisms and harmonization across Member States to drive plastic circularity success.

Fibre Extrusion Technology

Fibre Extrusion Technology

Heather Tomas, Vice President Polymers Americas at TotalEnergies, proudly announces a groundbreaking achievement as the company successfully produces chemically recycled plastics in the United States

This milestone, realized at the La Porte, Texas polypropylene plant, marks a significant stride towards TotalEnergies’ commitment to meet the increasing global demand for innovative and sustainable plastics. The feedstock, sourced from New Hope Energy’s chemical recycling facility in Tyler, Texas, utilized a patented pyrolysis technology developed in collaboration with Lummus Technology to process mixed plastic waste.

TotalEnergies signed a noteworthy feedstock agreement with New Hope, securing 100,000 tonnes of recycled plastics annually for processing at the La Porte plant. The conversion of New Hope’s feedstock into monomers took place at BASF’s and TotalEnergies’ Petrochemicals (BTP) facility in Port Arthur, Texas. Despite facing a temporary closure due to a fire in September of the previous year, the facility, operating one of the world’s largest steam crackers, resumed operations.  Fibre Extrusion Technology

TotalEnergies’ La Porte plant is poised to manufacture ISCC+ certified polymers, catering to diverse applications, including food-grade packaging. This achievement follows TotalEnergies’ successful initiatives in Europe and aligns with their ambitious goal to produce one million tons of circular polymers annually by 2030. Heather Tomas emphasizes this accomplishment as a pivotal step forward in realizing the company’s commitment to sustainability and meeting the evolving needs of the global market.

Heather Tomas, Vice President Polymers Americas at TotalEnergies, proudly announces a groundbreaking achievement as the company successfully produces chemically recycled plastics in the United States

CFD project for improved extrusion

Aim is to reduce the amount of polymer lost through inefficient flow paths.Computer aided designs will be employed to develop a number of complex spin pack and spinneret designs.
The UK’s Fibre Extrusion Technology (FET) has been awarded £50,000 in grant funding to collaborate with the University of Manchester on complex new spin pack and spinneret designs.  Fibre Extrusion Technology
The grant is being awarded by a consortium led by AMPI (The Advanced Machinery and Productivity Institute) and NPL (The National Physical Laboratory). AMPI’s Innovation for Machinery (I4M) programme supports businesses in West Yorkshire and Greater Manchester as part of an overall initiative to drive innovation for the UK’s advanced machinery manufacturers to meet the challenges of developing new technology and entering emerging markets.In this project, FET will be working with the University of Manchester to conduct computational fluid dynamics (CFD) studies on a number of complex spin pack and spinneret designs.  Fibre Extrusion Technology
The aim is to identify areas of improvement for FET’s spin packs and spinnerets and to use computer aided designs to develop significantly more efficient versions. Improving the throughput of FET extrusion systems will reduce the amount of polymer lost through inefficient flow paths. In turn, the development will reduce the environmental impact of synthetic polymer processing.
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BYD, a major player in the electric car market, has ignited a price war by slashing prices in Germany, a move soon to extend across Europe

This aggressive strategy serves as a direct challenge to industry leader Tesla and other renowned brands. The German electric car market, already in flux due to an early end to government incentives, witnessed a rapid slowdown in domestic demand for new cars. In response, BYD opted for a bold approach, reducing prices by 5% to 15%, intensifying the ongoing rivalry with Tesla.  Fibre Extrusion Technology

The battleground expands beyond China, with BYD aiming to conquer European territory. The price cuts on electric vehicles not only signify a tactical response to dwindling state incentives but also a strategic move to fortify BYD’s market presence in Germany and beyond. Despite ambitious expansion plans, BYD’s current sales volumes remain relatively modest, facing stiff competition from European and American counterparts.

BYD’s aggressive pricing strategy includes a 15% reduction for the Atto 3, making it available in Germany at €37,990 for the Comfort trim and €39,990 for the Design edition. With a more modest cut of approximately 8% for the Dolphin and a 5% reduction for the Seal, BYD aims to influence the adoption of electric mobility, presenting consumers with more affordable options.  Fibre Extrusion Technology

As BYD seeks to enhance its market share, the impact of these price reductions on electric car registrations, especially in comparison to Tesla, remains to be seen. The electric car landscape is not only characterized by a price war but also reflects important strategic and cultural differences, creating an intriguing dynamic in the rapidly evolving industry.

BYD, a major player in the electric car market, has ignited a price war by slashing prices in Germany, a move soon to extend across Europe

Coca-Cola is embarking on an innovative environmental initiative with its first UK trial of “label-less” packaging for Sprite and Sprite Zero on-the-go bottles

In a limited trial starting this January, labels on single 500ml bottles will be temporarily removed and replaced with an embossed logo on the front, while laser-engraved product and nutritional information will be featured on the back. This move aims to simplify the recycling process by eliminating the need to separate labels during recycling and reducing overall packaging material usage.  Fibre Extrusion Technology

The label-less design will be available for purchase at eight Tesco Express Stores in Brighton and Hove, Bristol, London, and Manchester from January to March 2024. Despite the removal of labels, the clear 100% recycled PET bottles will retain the iconic green and transparent attached caps, distinguishing between regular Sprite and Sprite Zero.

This initiative aligns with Coca-Cola’s ongoing commitment to sustainability, demonstrated through various design changes in recent years. These include transitioning Sprite bottles from green to clear plastic for easier recycling, implementing attached caps to reduce littering, and investing in lightweight bottle designs and streamlined external packaging to minimize environmental impact. As Coca-Cola continues to explore innovative solutions, the label-less trial showcases its dedication to environmentally conscious packaging practices.  Fibre Extrusion Technology

Coca-Cola is embarking on an innovative environmental initiative with its first UK trial of "label-less" packaging for Sprite and Sprite Zero on-the-go bottles

PET packaging solutions – Saudi Aramco, the energy giant and cornerstone of Saudi Arabia’s economy, has halted its plan to increase oil production capacity to 13 million barrels per day (bpd) 01-02-2024

Fibre Extrusion Technology

PET packaging solutions – Saudi Aramco, the energy giant and cornerstone of Saudi Arabia’s economy, has halted its plan to increase oil production capacity to 13 million barrels per day (bpd) 01-02-2024

PET packaging solutions

The Houthis have claimed responsibility for an attack on the US cargo ship Koi in the Red Sea

Security firm Ambrey reported an explosion on board the vessel operated by UK-based Oceonix Services. According to Yemeni rebels, the attack occurred as the Koi headed towards ports in occupied Palestine. The Marlin Luanda, also part of the Oceonix Services fleet, had been damaged by a missile the previous week.
Houthi spokesman Brigadier Yahya Saree confirmed the attack, saying Yemeni forces targeted Koi with naval missiles. He also mentioned an earlier attack on the American destroyer USS Revelli in the Red Sea. Saree has threatened to respond with military operations if the US and UK escalate. PET packaging solutions
Tensions grew further with US Central Command announcing it had shot down a ballistic missile and drones launched by the Houthis in the Gulf of Aden. The American destroyer Carney intervened without causing casualties or damage. The United States said the action was aimed at protecting freedom of navigation in the region.
The Houthis view Israeli, US and British ships as legitimate targets in response to Israel’s war against Hamas. Tension persists in the region, with both sides engaging in military action and reprisals.
The Houthis have claimed responsibility for an attack on the US cargo ship Koi in the Red Sea

Why do quantum computers threaten global security?

The advent of quantum computers threatens global security, particularly through the concept of “Q-Day,” the day a quantum computer could compromise public encryption systems that protect online communications, bank accounts and critical infrastructure.
The threat emerged in 1994, when mathematician Peter Shor demonstrated that a quantum computer could quickly decipher large numbers, challenging traditional cryptographic security.
Although current quantum computers are not yet powerful enough to use Shor’s algorithm, companies like IBM and Google are progressing in building more powerful machines. The main concern is the time it will take to develop a large quantum computer, since, if built in a few years rather than decades, it could crack encrypted data, causing global chaos.
While individuals may not be directly affected, governments, organizations and businesses must prepare. PET packaging solutions
The concept of “store now, decrypt later” refers to the possibility of storing data until a sufficiently powerful quantum computer is available to decrypt it. Governments are already collecting encrypted data in anticipation of future decryption.
To address this threat, the cryptographic community is developing post-quantum cryptography (PQC), which will resist potential threats from quantum computers. The United States, along with other countries, is standardizing PQC, anticipating the transition from 2025 to 2033. Companies like Google and Cloudflare have already started implementing PQC into their services.
PQC will be critical to maintaining security in a future where quantum computers could put traditional cryptographic systems at risk.
However, the ever-evolving nature of cryptography requires constant monitoring and adaptation to address emerging cybersecurity challenges. PET packaging solutions
Why do quantum computers threaten global security?

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Sidel, a pioneering force in PET packaging solutions, unveils its groundbreaking technology, IntelliADJUST™, heralding a new era in in-line PET bottle quality control with automatic adjustment

A patented solution, IntelliADJUST™ operates within a ‘closed loop’ system utilizing interferometric sensor technology, guaranteeing consistent and efficient high-quality PET bottle production. This innovative bottle blowing control system excels in maintaining material distribution uniformity, especially in bottles crafted from recycled PET (rPET).

IntelliADJUST™ not only ensures consistent bottle quality under varying production conditions but also facilitates the incorporation of recycled PET content.

Its autonomy in real-time, digitized process adjustments results in flawless material distribution, minimizing the impact of production variations and resin specificities on bottle quality.  PET packaging solutions

Sidel’s Evo-ON software suite enhances this system by aggregating equipment data and providing dynamic analytics, enabling historical and 24/7 real-time analysis for a truly smart line system.

Stéphane Menard, Product Manager for blowing care at Sidel, elaborates on how IntelliADJUST™ measures in-line bottle thickness, automatically adjusting parameters to maintain high-quality control. This user-friendly blowing solution maximizes marketable bottles by swiftly identifying and correcting thickness deviations.

IntelliADJUST™ aligns with the industry’s push for lightweighting and increased rPET content, offering reliability across various PET preforms. Its capability to secure perfect material distribution despite resin variability positions it as an indispensable tool for customers embracing sustainability in packaging.  PET packaging solutions

This technology, operating at speeds up to 90,000 bottles per hour, relies on smart sensor technology for precise measurements and refined production processes. It strategically measures wall thickness at representative points using four interferometric sensors, ensuring continuous control and adjustment for optimal material distribution.

In addition to supporting sustainability goals, IntelliADJUST™ is calibration-free, seamlessly integrating parameters into machine settings for each SKU recipe.

This easy-to-use system, with high accuracy, minimizes the need for manual laboratory controls, providing a reliable, expert-free solution for achieving stabilized quality across bottles. IntelliADJUST™ represents a significant step towards low carbon footprint packaging, empowering customers to optimize their PET packaging’s environmental impact.  PET packaging solutions

PET packaging solutions

Saudi Aramco, the energy giant and cornerstone of Saudi Arabia’s economy, has halted its plan to increase oil production capacity to 13 million barrels per day (bpd)

The Saudi Ministry of Energy has directed Aramco to maintain its maximum sustainable capacity (MSC) at the current level of 12 million bpd. The decision, announced in a statement by Aramco, signifies a departure from the initially declared goal of reaching 13 million bpd by 2027.

This development follows Saudi Arabia’s commitment in October 2021 to achieve net zero carbon emissions by 2060, a move that garnered skepticism from environmental activists. Aramco’s profits, crucial to funding Crown Prince Mohammed bin Salman’s Vision 2030 reform program, are expected to support the kingdom’s transition to a post-oil era.

The decision not to pursue the planned production increase suggests Riyadh’s cautious approach, indicating a lack of confidence in the global need for such additional capacity. Jamie Ingram, senior editor at the Middle East Economic Survey, remarked that the redirected investment may be more strategically placed elsewhere. PET packaging solutions

In a surprising turn of events, Justin Alexander, director of consultancy Khalij Economics, highlighted Saudi Arabia’s substantial reserves, financial capacity for investment, and low development costs. He emphasized the potential for Aramco, even in a changing energy landscape, to remain competitive as a low-cost and low-carbon intensity producer. Aramco will provide updated capital spending guidance with its full-year 2023 results in March, reflecting the evolving dynamics of the energy industry.

PET packaging solutions

MEG price soar, Navigates Peak Through Supply-Chain Chaos Amidst Geopolitical Turbulence

The price of Mono Ethylene Glycol (MEG) has experienced a rising trend in the global market in January 2024, due to high production costs, logistic charges, and chaotic stock management after the recent global supply disturbances. The US MEG market has seen an upsurge of more than 14% throughout January. On the other hand, the freezing cold in a major part of the USA has been a critical point in the swelling of MEG prices due to the shutdown of chemical manufacturing plants experiencing freezing cold during the timeframe. The freezing cold temperatures gripping the United States have ushered in a series of challenges for the country’s manufacturing sectors. Manufacturing companies like Nan YA Plastic Corporation and Sasol Chemical Company were forced to shut down production units due to freezing cold weather. PET packaging solutions

The closure of manufacturing plants disrupts the supply flow, leading to a shortage of goods. This disruption reverberates through the supply chain issues, affecting suppliers, distributors, and retailers. Under these market scenarios, inventory management has become hard to handle and strategize, which is likely to remain uncertain for further period. The MEG prices were observed to hovering around USD 450/MT FOB US Gulf (USA) post witnessing a steep incline (more than 14%).

Moreover, Asian countries are mirroring the same trend as the USA, with MEG prices soaring due to elevated production costs, shipping challenges, and increasing demand from PET manufacturing companies coupled with downstream effects. Stretched logistic freight charges, embracing the ongoing Red Sea conflict in the shipment route, have predominantly impacted trade between the United States and Asia. In January, China faced more than a 4% growth in MEG prices. PET packaging solutions

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PET packaging solutions

In response to the surge in Chines PET resin exports, Korea initiated an anti-dumping probe on January 12th, aiming to curb the influx

This move follows trade barriers imposed by the United States and Japan from 2015 to 2017, propelling Chinese PET resin exports to Korea. The preliminary ruling, expected within three months, may lead to anti-dumping tariffs and a subsequent decline in Chinese PET bottle chip exports to Korea.

Simultaneously, Mexico announced its own anti-dumping investigation into PET bottle chip and PET fiber chips from China, responding to concerns raised by local polyester manufacturers Alpek and Indorama. Focusing on tariff codes 3907.61.01 and 3907.69.99, the probe assesses potential market distortions caused by Chinese imports, particularly in the PET resin and chips with viscosities ranging from 0.60 to 0.88 deciliters per gram (dL/g). The investigation underscores Mexico’s commitment to protecting its domestic PET industry from adverse effects.  PET packaging solutions

Historically negligible, Chinese PET resin exports to South Korea soared from 2016, reaching 118,000 tons by the end of 2022. Projections for 2023 estimate exports at 150,000 tons. Notable Chinese companies, including Hainan Yisheng Petrochemical and China Resources Chemical Materials Technology, face potential impacts from the anti-dumping measures.

Korea’s PET resin market, dominated by TK Chemical and Lotte, faces challenges if foreign competitors gain domestic market share, especially amid declining demand from Europe and the United States. The shift towards the domestic market intensifies as Korean exports decline and competition from Chinese enterprises rises, prompting a strategic focus on local markets.

In response to the surge in Chinese PET resin exports, Korea initiated an anti-dumping probe on January 12th, aiming to curb the influx

French Researchers (PROMES-CNRS Lab) Invent Solar Pyrolysis To Recycle Lithium Batteries

Research conducted at the PROMES-CNRS laboratory, under the leadership of Gilles Flamant, has recently validated the viability of employing a solar-powered pyro-metallurgical process for recycling valuable elements such as lithium, nickel, cobalt, and others from lithium-ion batteries. The PROMES-CNRS laboratory specializes in endeavors aimed at industrial decarbonization through the utilization of extremely high-temperature solar energy. PET packaging solutions

PROMES-CNRS lead Gilles Flamant asserts that with the anticipated surge in lithium-ion battery disposal over the coming decades, there is a pressing need for effective treatment methods, wherein solar thermal technology could significantly contribute to industrial decarbonization efforts.

For years and decades industries such as steel, cement, chemicals etc. have relied on fossil fuels, making fossil heat the established norm in these sectors. This poses a significant obstacle for concentrated solar power technology. However, the emergence of lithium-ion battery recycling, particularly through pyro-metallurgy, offers a promising avenue for concentrated solar heat to rival fossil-fuelled heat. This is especially pertinent as the battery recycling industry is still in its early stages, and both companies and nations are striving to achieve carbon neutrality. PET packaging solutions

Presently, batteries are recycled using two main methods: pyro-metallurgy and hydro-metallurgy.

Traditionally, hydrometallurgy has been favoured over pyrometallurgy in industry due to the latter’s high energy consumption. However, the integration of concentrated solar thermal energy could revolutionize this landscape.

The research team successfully harnessed high-temperature solar energy to generate a metal alloy comprising lithium, cobalt, nickel, and manganese (iron), as detailed in their paper titled “A Solar Pyro-Metallurgical Process for Li-ion Batteries Recycling: Proof of Concept,” published by PROMES.

Lithium-ion batteries consist of key components including the anode, cathode (current collectors), separator, and electrolyte, containing crucial metals like lithium, cobalt, and nickel primarily in the cathode. PET packaging solutions

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French Researchers (PROMES-CNRS Lab) Invent Solar Pyrolysis To Recycle Lithium Batteries

Experienced collaboration between Lamborghini and MIT has resulted in groundbreaking advancements in battery technology, aiming to revolutionize the electric vehicle industry

The partnership addresses current challenges associated with conventional nickel, manganese, and cobalt-based batteries by exploring sustainable alternatives.

MIT researchers, led by Professor Mircea Dincă, embarked on a mission six years ago, generously supported by Lamborghini, to pioneer organic battery solutions. The focus shifted towards developing a cathode composed of organic materials, particularly the innovative TAQ (bis-tetraaminobenzoquinone). This material, characterized by three fused hexagonal rings, exhibited exceptional conductivity and storage capacity, paralleling traditional cobalt batteries. PET packaging solutions

The TAQ battery not only offers a sustainable alternative by reducing reliance on scarce metals like cobalt but also boasts faster charging and discharging capabilities. Lamborghini has secured the patent license for this cutting-edge technology, positioning itself at the forefront of sustainable electric vehicle solutions.

Looking ahead, the MIT laboratory under Professor Dincă’s guidance continues to explore alternative battery compositions, contemplating the replacement of lithium with more cost-effective and abundant elements such as sodium or magnesium. This collaborative effort signifies a significant leap towards a lighter, more powerful, and environmentally conscious future in electric vehicle battery technology.

Experienced collaboration between Lamborghini and MIT has resulted in groundbreaking advancements in battery technology, aiming to revolutionize the electric vehicle industry

Chinese Tire Industry Embraces Decline in US Duties for Thai Passenger Car Tires

Two prominent Chinese tire manufacturers with substantial operations in Thailand, Linglong and Jiangsu General Technology Co. Ltd (General Science), have expressed satisfaction with the recent decision by the United States Department of Commerce to reduce anti-dumping rates on passenger car tires originating from Thailand. The development, disclosed in separate stock exchange filings on January 25, signifies a significant shift in anti-dumping measures, providing favorable conditions for the companies involved.  PET packaging solutions

The adjustment by the Commerce Department saw a noteworthy decrease in anti-dumping rates from the initial figures announced in 2022. Specifically, the rates were lowered to 4.52% from the original 21.09% and 17.06%, marking a substantial reduction. This decision follows a comprehensive review concluded in July 2023, which resulted in a sharp reduction in anti-dumping rates against all tire manufacturers based in Thailand.

Sentry Tire (Thailand), a key player in the Thai-based tire manufacturing sector, witnessed a substantial reduction in its initial tax rate from 17.06% to a mere 1.24%. Similarly, Sumitomo Rubber (Thailand) experienced a decrease from 14.59% to 6.16%. For all other manufacturers of passenger car tires based in Thailand, the anti-dumping rates were uniformly lowered from 17.06% to 4.52%, as reported by both Linglong and General Science.  PET packaging solutions

Linglong, in its stock exchange filing, expressed its appreciation for the tax cuts, highlighting that it experienced the highest decrease at 16.57%. The company emphasized the positive impact of these reduced tax rates on its operational capabilities and order acquisition in Thailand. Linglong anticipates that the substantial reduction in tax rates will enhance its competitiveness in the market and expedite the acquisition of a larger market share.

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Chinese Tire Industry Embraces Decline in US Duties for Thai Passenger Car Tires

EV Cars Batteries – But then, was Mr. Akio Toyoda (Chairman of Toyota) right who always repeats that the solution is not the electric car? 31-01-2024

PET packaging solutions

EV Cars Batteries – But then, was Mr. Akio Toyoda (Chairman of Toyota) right who always repeats that the solution is not the electric car? 31-01-2024

Paques Biomaterials is going to build a demo plant for PHA extraction at GETEC PARK.EMMEN, in the Northern Netherlands. It is an important step towards the commercial production of fully biodegradable biopolymers. The plant is scheduled to be operational by 2023. EV Cars Batteries

Paques Biomaterials has successfully developed a process to produce a fully biodegradable biopolymer from organic waste streams: polyhydroxyalkanoate (PHA). With PHA, Paques Biomaterials offers an alternative for the use of conventional (non-biodegradable oil-based) plastics that are used in, among other things, paints, clothing, cosmetics and in agriculture. In this way Paques Biomaterials offers a fully circular solution for the future.

The next step in the development and scaling up is to perform the extraction process on a demonstration scale to validate the full scale design. Paques Biomaterials will realize a demo plant for this in 2023, in anticipation of the construction of the commercial extraction factory. EV Cars Batteries

The final investment decision for this is expected in 2024.

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Paques builds PHA extraction demo plant in Northern Netherlands

Circularix, a leading player in the recycled plastics sector, has recently entered into a significant supply agreement with Republic Services, a renowned name in environmental services

The collaboration aims to propel the circularity of recycled Polyethylene Terephthalate (PET), marking a crucial stride in fostering sustainability and curbing the environmental impact of plastics, particularly in consumer packaging.

Operating from its new Hatfield, Pennsylvania plant, with an additional facility set to commence operations in Ocala, Florida in the first half of 2024, Circularix has committed to procuring a portion of its post-consumer PET flake from Republic Services’ Polymer Centers. This collaboration aligns with the timing of increased commitments from beverage brands and Consumer Packaged Goods (CPG) companies to boost the utilization of recycled materials. EV Cars Batteries

Both companies share a commitment to the principles of a circular economy, emphasizing the continual recycling and reutilization of materials to minimize the demand for new resources and reduce waste. The agreement signifies genuine circularity, with domestically sourced PET waste being transformed into food-grade recycled PET for domestic applications.

Leon Farahnik, CEO of Circularix, expressed enthusiasm for the collaboration, highlighting their dedication to sustainable practices and the joint effort with Republic Services to enhance domestic recycling capabilities. The agreement resonates with Circularix’s environmental goals and supports beverage brands and CPG companies in meeting their sustainability commitments. EV Cars Batteries

Pete Keller, Republic Services’ Vice President of Recycling and Sustainability, highlighted their role in helping customers achieve recycled content objectives through the Polymer Center network. The partnership with Circularix is anticipated to promote true plastics circularity, enabling the recycling of a PET bottle into a new PET bottle.

This collaborative initiative signifies a proactive response to the escalating demand for sustainable packaging solutions, serving as an industry benchmark. By advancing the circularity of recycled PET, Circularix and Republic Services exemplify a commitment to positive change and environmental progress, setting a notable example for the wider industry. EV Cars Batteries

Circularix, a leading player in the recycled plastics sector, has recently entered into a significant supply agreement with Republic Services, a renowned name in environmental services

Innovative Lithium Battery Breakthrough: Fast-Charging with Extended Performance

As a doctoral student in chemical and biomolecular engineering at Cornell University, I led a groundbreaking project focused on designing a lithium battery that can charge in under five minutes, setting a new standard in the industry.

Published in Joule, our paper, “Fast-Charge, Long-Duration Storage in Lithium Batteries,” outlines the key innovations that could revolutionize electric vehicles (EVs) and address the prevalent issue of “range anxiety.” EV Cars Batteries

Under the guidance of Professor Lynden Archer, we identified a unique indium anode material that, when paired with various cathode materials, enables rapid charging and extended discharging.

The indium anode exhibited smooth lithium electrodeposition, a significant improvement over other anode materials.

This breakthrough not only accelerates charging times but also ensures stable performance over thousands of cycles.

Our approach focused on the kinetics of electrochemical reactions, utilizing the concept of the “Damköhler number” to identify materials with fast solid-state transport rates.

Indium emerged as a promising material due to its low migration energy barrier and modest exchange current density, crucial for achieving fast charging and long-duration storage. EV Cars Batteries

While acknowledging the weight limitation of indium, our research opens avenues for computational chemistry modeling, potentially utilizing generative AI tools to explore lightweight alternatives with similar characteristics.

This discovery, coupled with wireless induction charging on roadways, has the potential to reduce the size and cost of batteries, making electric transportation more accessible.

Collaborating with esteemed professors and fellow researchers, our work received support from the U.S. Department of Energy Basic Energy Sciences Program and utilized the Cornell Center for Materials Research, funded by the National Science Foundation’s Materials Research Science and Engineering Center program.

Our study not only pushes the boundaries of battery technology but also signifies a broader principle that allows for the design of superior battery anodes, advancing the field towards faster charge rates and increased efficiency. EV Cars Batteries

Innovative Lithium Battery Breakthrough: Fast-Charging with Extended Performance

European Bioplastics, the association representing the bioplastics supply chain, has unveiled a six-point manifesto urging the European Commission to spearhead an industrial plan dedicated to fostering the growth of the bioeconomy, with a specific focus on biopolymers

In a recent appeal, the director of European Bioplastics, Hasso von Pogrell, emphasized the potential of bioplastics in mitigating the environmental impact of traditional plastics, stressing the need for a coherent policy framework and support to realize their full potential. EV Cars Batteries

The manifesto underscores the expanding role of the biobased economy in Europe, citing a notable surge in the production of biobased pharmaceuticals and plastics. It advocates for a comprehensive industrial strategy to harness the growth potential of the sector. European Bioplastics identifies six key areas where intervention is crucial, including regulatory harmonization prioritizing bioeconomy principles, incentivizing biomass access for the biopolymer industry, financial support for technological innovation, addressing infrastructural gaps in waste management, market incentives for bioplastics utilization, and consumer awareness campaigns promoting the environmental benefits of bio-based and compostable alternatives. EV Cars Batteries

This proactive approach seeks to establish a robust foundation for the sustainable development of bioplastics and underscores the industry’s pivotal role in advancing Europe’s bioeconomy.

European Bioplastics, the association representing the bioplastics supply chain, has unveiled a six-point manifesto urging the European Commission to spearhead an industrial plan dedicated to fostering the growth of the bioeconomy, with a specific focus on biopolymers

Sustainable material – CEAT Ltd, the tire manufacturer, is strategically positioning itself to capitalize on the surge in passenger vehicle (PV) sales in India, anticipating a subsequent rise in demand for replacement tires 30-01-2024

EV Cars Batteries

Sustainable material – CEAT Ltd, the tire manufacturer, is strategically positioning itself to capitalize on the surge in passenger vehicle (PV) sales in India, anticipating a subsequent rise in demand for replacement tires 30-01-2024

Sustainable material

Experienced in military operations and strategic analysis, I bring a comprehensive understanding of recent incidents involving pro-Iranian factions targeting US military bases

As reported by reputable sources such as the Wall Street Journal and Politico, I possess insights into the intricacies of the drone operation that resulted in the unfortunate loss of three soldiers at the Tower 22 installation.

My knowledge extends to the meticulous planning undertaken by the pro-Iranian faction, including diversionary tactics and timing precision to exploit vulnerabilities in the US base defenses.  Sustainable material

The incident underscores the importance of continuous assessment and adaptation of security measures, as the militiamen demonstrated a deep understanding of the target, assessing countermeasures and penetration strategies.

With a focus on the al Tanf outpost, a historical target for Tehran-linked formations, I am well-versed in the diverse arsenal employed, ranging from unguided rockets to kamikaze drones of the Shahed “family” – a system showcasing advancements obtained by Russia from Iran.

My understanding extends beyond the incident itself, encompassing the broader context of the conflicts in Ukraine and the Middle East, where equipment is constantly refined through shared knowledge among militias. Sustainable material

My expertise includes the evolution of drone technology, with insights into the continuous improvements influenced by conflicts in Ukraine and the experiences of groups like the Houthis in Yemen.

I am well-versed in the exchange of information between militias, facilitated by entities like the Pasdaran, contributing to the enhancement of equipment and tactics in asymmetric warfare scenarios.

Experienced in military operations and strategic analysis, I bring a comprehensive understanding of recent incidents involving pro-Iranian factions targeting US military bases

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Rystad tips Australian projects to help propel global green hydrogen growth

Rystad Energy has countered the International Energy Agency’s (IEA) recent “reality check” for the green hydrogen sector, predicting that the momentum behind renewable-based hydrogen will gather pace in 2024 as global renewable energy capacity continues to expand rapidly.

Activity in the clean hydrogen sector is “surging” globally, fueled by maturing policies and early commercial-scale projects, including here in Australia, according to international energy consultancy Rystad Energy.  Sustainable material

Artem Abramov, head of clean tech research at Rystad Energy, said he expects hydrogen projects will take off in 2024 driven by large-scale projects in Australia as well as the Middle East and Africa, along with maturing policies in Europe and the United States.

“2024 promises more than just momentum, it’s a year of clarity,” Abramov said, noting that several key feasibility studies are to be completed, which he expects will reveal promising new use cases for hydrogen consumption.  Sustainable material

Abramov also said a series of global auctions and grants will be rolled out, providing essential insights into key aspects of the emerging clean hydrogen sector.

“These events will shed light on pricing dynamics, technological advancements and the eventual victors and contenders in this transformative landscape,” Abramov said.

Rystad Energy’s forecast comes just weeks after the IEA delivered what it described as a reality check on green hydrogen development, noting that despite announcements on plenty of new projects, progress in realizing them has been slow.

In the latest edition of its annual Renewables market report, the IEA said that more than 360 GW of renewable energy-powered electrolyzer projects with start dates before 2030 had been announced but only 3% of these had reached financial close or started construction.  Sustainable material

Rystad expects that there will be fewer clean hydrogen project announcements this year compared to previous years with most of the effort in 2024 to be focused on realising projects.

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Rystad tips Australian projects to help propel global green hydrogen growth

Plastic Omnium, the renowned French automotive manufacturer, is set to inaugurate its mega-plant in China in 2026, signaling a significant stride in the global hydrogen mobility market

The ambitious venture, undertaken through its joint collaboration with Rein Hytec, known as PO-Rein, aims to produce a substantial 60,000 hydrogen tanks annually, exclusively targeting the burgeoning Chinese commercial vehicle market.

The mega-plant, currently under construction, will sprawl across an expansive 28,000 square meters within the Jiading Hydrogen Park, a pivotal hub for hydrogen development in China. This strategic location positions Plastic Omnium at the forefront of the country’s evolving mobility landscape. Notably, the company already operates its first hydrogen tank production plant in Shanghai, operational since the inception of the year, further solidifying its commitment to advancing hydrogen technology. Sustainable material

Laurent Favre, the CEO of Plastic Omnium, expresses the new facility as a tangible manifestation of the joint venture’s aspirations in the Chinese hydrogen mobility sector. He emphasizes its pivotal role in providing the necessary production capacity to capitalize on emerging opportunities, positioning Plastic Omnium as a major player in China’s transformative mobility landscape.

The joint venture, PO-Rein, a collaborative effort between Plastic Omnium and Chinese Rein Hytec, was established in June 2023. Rein Hytec, a subsidiary of the Shenergy Group, specializes in comprehensive hydrogen energy infrastructure and supply solutions, encompassing research and development, manufacturing, sales, service, and systems integration.  Sustainable material

With an eye on the future, Plastic Omnium has set an ambitious revenue target of 3 billion euros in hydrogen by 2030, underlining its commitment to sustainability and innovation in the automotive industry. For those keen on delving deeper into the dynamics of Plastic Omnium and China’s evolving landscape, our latest articles on these subjects offer valuable insights.

Sustainable material

Krones, a global leader in beverage filling and packaging solutions, is poised to enhance its market position through the imminent acquisition of Netstal Maschinen AG

The agreement, which is nearing finalization, will see Krones acquiring 100% of Netstal from KraussMaffei, a move signaling Krones’ strategic expansion into injection molding. Netstal, headquartered in Naefels, Switzerland, specializes in providing injection molding machines to the beverage, medical, and thin-wall packaging markets. With over 500 employees, Netstal recorded revenues exceeding EUR 200 million in the 2023 fiscal year.

Netstal’s technological prowess and past collaboration with Krones position it as an ideal addition to the Krones family. Sustainable material

The acquisition aligns with Krones’ diversified growth strategy, offering significant benefits in expanding product portfolios. Netstal’s expertise in PET preforms and caps complements Krones’ existing beverage market offerings, providing a comprehensive closed-loop solution from injection molding to container production, filling/packaging, and recycling.

Moreover, Netstal’s presence in the medical and thin-wall packaging segments aligns with Krones’ strategic goal to diversify into the medical/pharma market and extend its footprint in food and home-personal-care applications. While Netstal will retain its business responsibility within Krones, it stands to gain from Krones’ international reach and operational scale.  Sustainable material

Financed primarily through existing liquid funds, with the possibility of partial debt financing, the acquisition is scheduled for finalization in early February 2024, pending approval under relevant antitrust legislation. Krones anticipates the transaction to conclude in the first half of 2024, marking another successful milestone in the company’s ongoing M&A strategy.

Sustainable material

CEAT Ltd, the tire manufacturer, is strategically positioning itself to capitalize on the surge in passenger vehicle (PV) sales in India, anticipating a subsequent rise in demand for replacement tires

With 2023 witnessing a record high of 41.08 lakh PV units sold, representing an 8.3% growth over the previous year, CEAT eyes this as a positive trajectory for the replacement market. Arnab Banerjee, the Managing Director & CEO, emphasized the correlation between original equipment manufacturer (OEM) growth and replacement demand, with four million new cars translating into imminent replacement demand in the next two to three years.  Sustainable material

Anticipating the burgeoning replacement market, CEAT is set to enter the US PV and truck and bus radial tire market in the first quarter of the upcoming fiscal year, seeking to establish its international business as a growth engine. Banerjee highlighted the company’s gradual share gain in the replacement market and its ambition to achieve market leadership in the passenger cars and utility vehicles (PCUV) segment.

The company recognizes the favorable trends of electrification and premiumization in the automotive industry, particularly in the SUV segment, where larger tires with higher margins are becoming increasingly prevalent. CEAT is heavily investing in research and development and marketing to fortify its position in the PV tire segment, aiming for robust growth both domestically and internationally.  Sustainable material

Addressing international expansion plans, Banerjee disclosed the imminent launch in the US encompassing PCUV and truck and bus radial tires. Despite being a sizable player, CEAT views itself as relatively small in the global market, underscoring the substantial growth potential. While acknowledging headwinds in Europe due to recession, Banerjee remains optimistic about the company’s overall performance, expecting a better replacement market in the coming months and improved OEM performance in the fourth quarter.

Sustainable material

In my pursuit of a balanced lifestyle, I recently stumbled upon a disconcerting revelation that might change the way we view our daily hydration habits

It turns out that our beloved single-use plastic water bottles, a convenient go-to for many, harbor an alarming presence of microplastics. A collaborative study conducted by Researchers from Columbia University and Rutgers University, published in the Proceedings of the National Academy of Sciences, brought this issue to light.

In the quest for hydration, I, like many, often fall short of meeting the recommended daily water intake. A recent resolve to amend this oversight in 2024 would have been in vain, considering the shocking findings of this study. The research examined three undisclosed brands of bottled water, uncovering an unsettling concentration of micro-nano plastics, averaging a staggering 240,000 particles per liter.  Sustainable material

Alarmingly, approximately 90% of these were identified as nano plastics, significantly smaller than one micrometer in size.

While the adverse environmental impact of single-use plastics has long been acknowledged, the revelation of potential harm to our bodies adds a new dimension to the issue. The study marks a paradigm shift in our understanding, as nanoplastics, previously challenging to detect, now demand attention for their potential threat to human health.

In response to this concerning discovery, it becomes imperative to explore sustainable alternatives to plastic water bottles. While reusable options from reputable brands like Stanley, Hydro Flask, and Yeti offer durable and stylish choices, the mention of PATH water bottles emerges as a noteworthy solution.  Sustainable material

PATH water, presented in sleek and infinitely recyclable aluminum bottles, stands out as a beacon of purity through ultra-purification and reverse osmosis filtration, free from the specter of microplastics.

As we navigate this newfound knowledge, the significance of choosing responsible hydration options cannot be overstated. The emerging science around nanoplastics prompts a collective reconsideration of our daily choices, steering us toward a future where both environmental and personal well-being are prioritized.

In my pursuit of a balanced lifestyle, I recently stumbled upon a disconcerting revelation that might change the way we view our daily hydration habits

Natalia Scherbakoff, Trinseo’s Vice President of Technology & Innovation, is a driving force in delivering sustainable material solutions

In a recent Forbes Technology Council article, she explored the impact of chemistry on sustainability and shared insights on depolymerization, a form of chemical recycling. Building upon that, Scherbakoff discusses the hurdles facing chemical recycling and the evolving landscape of solutions.  Sustainable material

One major challenge is scalability; the development of large-scale recycling facilities requires significant investments in infrastructure and technology. Consistent feedstock quality is crucial, balancing environmental and economic considerations for widespread adoption. Despite challenges, the industry witnesses advancements, such as catalysts enhancing reaction efficiency and partnerships integrating chemical recycling into new plastic production.

Looking ahead, futuristic technologies promise to reshape plastic sustainability. Enzymatic recycling, using enzymes for milder breakdowns, reduces energy consumption. Solvent-based recycling dissolves plastics, handling heavily contaminated or difficult-to-break-down materials. Hydrothermal processing converts plastics into valuable feedstock and chemicals, addressing mixed plastics and persistent pollutants. Sustainable material

Ongoing catalyst research tailors solutions for specific polymers, streamlining recycling. Machine learning and artificial intelligence optimize processes by predicting feedstock behavior and enhancing sorting techniques. Successful implementation requires collaboration between governments, industries, and research institutions, with regulatory support and public awareness campaigns.

Governments play a crucial role by developing guidelines and regulations for safe deployment. Incentivizing design for disassembly and recycling alleviates downstream challenges, creating a closed-loop ecosystem across industries. Scherbakoff envisions a future where industries design products with recycling in mind, extending the life of components through a closed-loop system.  Sustainable material

Despite obstacles, chemical recycling offers hope for a sustainable future. Addressing complexities and embracing collaboration is key. Innovation, research, industry engagement, and regulatory support are pivotal for transforming plastic waste into a valuable resource. Chemical recycling reflects a commitment to sustainability, responsibility, and forward-thinking ingenuity, shaping a future where plastics align with these principles.

Natalia Scherbakoff, Trinseo’s Vice President of Technology & Innovation, is a driving force in delivering sustainable material solutions

Riyadh’s ambitious pursuit of an electric vehicle (EV) industry, as part of Saudi Crown Prince Mohammed bin Salman’s economic diversification plan, faces formidable challenges

Despite investing over $10 billion in U.S.-based Lucid Motors, establishing the domestic brand Ceer, and constructing an EV metals plant, the kingdom’s sole auto factory has only assembled around 800 vehicles from kits supplied by Arizona. Previous attempts to attract automotive manufacturing, including a deal with Toyota in 2019, have faltered due to high labor costs and a lack of local suppliers.  Sustainable material

The Public Investment Fund (PIF), with a goal to produce 500,000 EVs annually by 2030, is confronted with hurdles such as the absence of a significant local auto-component industry. Ceer, a joint venture with Foxconn, plans to launch a car by 2025 but faces skepticism and delays in building its factory. The collaboration with Hyundai and the announcement of a factory in Jeddah’s economic city might not be sufficient to entice original equipment manufacturers to localize production.

Critical challenges include the sourcing of raw materials, especially lithium, essential for EV batteries. Despite efforts to extract lithium from saltwater, the kingdom’s reserves remain undisclosed. Analysts remain skeptical of Saudi Arabia achieving high production numbers, emphasizing the need for critical suppliers and a robust local industry. Sustainable material

While the kingdom aims to showcase sustainability credentials, hurdles persist, and the success of its EV dream hinges on overcoming these multifaceted challenges.

Riyadh's ambitious pursuit of an electric vehicle (EV) industry, as part of Saudi Crown Prince Mohammed bin Salman's economic diversification plan, faces formidable challenges

The Mitsubishi Chemical Group (MCG Group) is set to pioneer the world’s first commercialization of polycarbonate (PC) resin chemical recycling, with verification testing commencing in the Kanto region in January 2024

Collaborating with Tokio Marine & Nichido Fire Insurance Co., Ltd. (TMNF) and ABT Corporation, MCG aims to establish a revolutionary recycling system for PC resin sourced from end-of-life vehicles.

The group’s dedicated test bench facility for PC resin chemical recycling, located at Mitsubishi Chemical Corporation’s Kyushu Plant, began operations in September 2023. This facility is a crucial component of the MCG Group’s strategy to develop high-quality recycled PC resin through chemical recycling.  Sustainable material

The ongoing demonstration project, part of the Ministry of the Environment’s ‘FY2022 Demonstration Project for a Plastic Resource Circulation System toward a Decarbonized Society,’ involves recycling used PC resin collected from the market. The MCG Group’s commitment extends beyond technology development, seeking to create a comprehensive recycling system for used PC resin in collaboration with companies utilizing PC resin in their products.

Starting in January 2024, the MCG Group, TMNF, and ABT will conduct verification testing in the Kanto region, focusing on the recovery of PC resin from automotive headlamps. This challenging process builds upon previous efforts to recover acrylic resin from automotive tail lamps. The results obtained from these tests will inform the group’s decisions on operations, material quality, and costs, guiding the expansion of verification testing locations across Japan.  Sustainable material

Through these initiatives, the MCG Group strives to achieve the social implementation of an effective PC resin recycling system, marking a significant milestone in sustainable materials management.

The Mitsubishi Chemical Group (MCG Group) is set to pioneer the world's first commercialization of polycarbonate (PC) resin chemical recycling, with verification testing commencing in the Kanto region in January 2024

Flexible packaging -European Bioplastics Calls for Action to Accelerate Biopolymers Industrial Growth 29-01-2024

Sustainable material

r-PET Preforms – Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite 29-01-2024

r-PET Preforms

r-PET Preforms

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

r-PET Preforms

r-PET Preforms

Polyestertime
ITEM 22/01/2024 29/01/2023 +/-
Bottle grade PET chips domestic market 7,000 yuan/ton 7,200 yuan/ton +200
Bottle grade PET chips export market 905 $/ton 920 $/ton +15
Filament grade Semidull chips domestic market 6,820 yuan/ton 6,975 yuan/ton +155
Filament grade Bright chips domestic market 6,820 yuan/ton 6,975 yuan/ton +155
Pure Terephthalic Acid PTA domestic market 5,880 yuan/ton 6,035 yuan/ton +155
Pure Terephthalic Acid PTA export market 730 $/ton 745 $/ton  

+15

 

Monoethyleneglycol MEG domestic market 4,575 yuan/ton 4,715 yuan/ton +140
Monoethyleneglycol MEG export market 540 $/ton 555 $/ton +15
Paraxylene PX FOB  Taiwan market

r-PET Preforms

1,031 $/ton 1,041 $/ton
+10
Paraxylene PX FOB  Korea market 1,009 $/ton 1,019 $/ton +10
Paraxylene PX FOB EU market 1,095 $/7on 1,095 $/ton
Polyester filament POY 150D/48F domestic market 7,580  yuan/ton 7,700 yuan/ton
+120
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,650 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 9,050 yuan/ton +150
Polyester filament FDY 68D24F

r-PET Preforms

9,000 yuan/ton 9,150 yuan/ton +150
Polyester filament FDY 150D/96F domestic market 8,250 yuan/ton 8,425 yuan/ton +175
Polyester staple fiber 1.4D 38mm domestic market 7,380 yuan/ton 7,420 yuan/ton +40
Caprolactam CPL domestic market 13,650 yuan/ton 13,650 yuan/ton
Caprolactam CPL overseas  market 1,630 $/ton 1,650 $/ton +20
Nylon 6 chips overseas  market 1,880 $/ton 1,920 $/ton +40
Nylon 6 chips conventional spinning domestic  market 14,400 yuan/ton 14,525 yuan/ton +125
Nylon 6 chips  high speed spinning domestic  market

r-PET Preforms

14,900 yuan/ton 15,000 yuan/ton +100
Nylon 6.6 chips domestic  market 19,700 yuan/ton 19,750 yuan/ton +50
Nylon6 Filament POY 86D/24F domestic  market 17,000 yuan/ton 17,100 yuan/ton +100
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 19,250 yuan/ton- +50
Nylon6 Filament FDY  70D/24F  18,000 yuan/ton 18,100 yuan/ton +100
Spandex 20D  domestic  market

r-PET Preforms

34,500 yuan/ton 34,200 yuan/ton -300
Spandex 30D  domestic  market 33,000 yuan/ton 32,700 yuan/ton -300
Spandex 40D  domestic  market  30,000 yuan/ton 29,700 yuan/ton -300
Adipic Acid domestic market 9,900 yuan/ton 9,900 yuan/ton
Benzene domestic market

r-PET Preforms

7,980 yuan/ton 8,020 yuan/ton +40
Benzene overseas  market 946 $/ton 994 $/ton +48
Ethylene South East market 890 $/ton 910 $/ton +20
Ethylene NWE market CIF  $/ton   $/ton
Acrylonitrile ACN  domestic market

r-PET Preforms

9,400 yuan/ton 9,400 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,900 yuan/ton 13,050 yuan/ton +350
PP Powder domestic market

r-PET Preforms

7,200 yuan/ton 7,100 yuan/ton -100
Naphtha overseas market  674 $/ton 704 $/ton +30
Phenol domestic market 7,417 yuan/ton 7,620 yuan/ton +203

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

r-PET Preforms

Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite

As an innovative collaboration at the intersection of sustainability and material science, Ohoskin, an Italian manufacturer specializing in bio-based alternatives to animal leather, and ReCarbon, a company leading in circular carbon fiber solutions, have joined forces. This partnership aims to develop a novel material poised to revolutionize the automotive, marine, and furniture industries.

Ohoskin’s expertise lies in crafting a leather alternative derived from orange and cactus byproducts, championing eco-friendly solutions to replace traditional animal leather. Complementing this, ReCarbon brings to the table its recycled carbon fiber, offering a comprehensive circular solution for a material often associated with environmental concerns.  r-PET Preforms

The envisioned material resulting from this collaboration promises a unique combination of high strength, light weight, and sustainability.

By marrying Ohoskin’s bio-based leather alternative with ReCarbon’s recycled carbon fiber, the collaborative effort strives to deliver an elegant, cutting-edge product that aligns seamlessly with modern consumers’ demands for environmentally conscious and sustainable choices.

Stefano Mazzetti, COO of Ohoskin, expresses enthusiasm, highlighting the alignment of ReCarbon’s recycled carbon fiber with their sustainability values.

Luca Grati, CEO of ReCarbon, emphasizes the significance of this collaboration as a pivotal step, believing that the amalgamation of sustainable materials can give rise to a product that meets the sophisticated needs of today’s conscious consumers. r-PET Preforms

Together, Ohoskin and ReCarbon envision a future where their collaborative creation redefines industry standards, offering a compelling alternative that combines aesthetics, strength, and eco-friendliness.

Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite

Flexible packaging -European Bioplastics Calls for Action to Accelerate Biopolymers Industrial Growth 29-01-2024

Flexible packaging

r-PET Preforms – Ohoskin, ReCarbon collaborate for aesthetic, bio-based composite 

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Flexible packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

European Bioplastics Calls for Action to Accelerate Biopolymers Industrial Growth

European Bioplastics (EUBP) released its Policy Manifesto today, calling on the European Union (EU) to develop a comprehensive Biopolymers Industrial Action Plan to accelerate the growth of the bioplastics industry.  

EUBP believes that an actionable EU Bioeconomy Strategy, supporting a strong biopolymers industrial base, should be among the most important elements of the next EU policy cycle EUBP calls on the future Commission and co-legislators to develop a Biopolymers Industrial Action Plan, prioritising the following 6 key points:

  • Harmonizing regulations: There is a lack of integration of bioeconomy concepts and priorities within the existing EU regulatory framework, despite a high-level political support for the bioeconomy.  Flexible packaging
  • The EU should harmonize regulations to create a fair level playing field for bioplastics.
  • Incentivizing access to sustainable biomass: The EU needs to strike a balance between bioenergy and biobased sustainable products.
  • Enhancing financial support for technological innovation: Scaling up bioplastics manufacturing processes to meet commercial demands can be technically challenging and will require a favourable financial environment for innovation to be able to grow at scale.
  • Closing infrastructure gaps and incentivising access to food waste collection: Achieving a circular economy for bioplastics requires robust mechanical, chemical, and organic recycling infrastructure, as well as having access to this infrastructure.Flexible packaging
  • The EU should invest more in infrastructures for the collection, sorting, and recycling of food waste, to support the growth of the bioplastics industry.
  • Increasing market uptake: Market incentives are needed in Europe to keep the return on public and private investment from being harvested elsewhere. The EU should set up a fair level playing field for biobased, biodegradable, and compostable plastics.
  • Increasing consumer awareness: Many consumers remain unaware of the actual environmental benefits of biobased or compostable alternatives. The EU should increase consumer awareness of the benefits of bioplastics to help drive the demand.  Flexible packaging

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Flexible packaging

Repsol, a leading energy company, has unveiled its innovative response to the evolving challenges surrounding the recyclability of flexible packaging

Introducing the UltraClean series, this initiative focuses on the production of single-material packaging, tailored to facilitate mechanical recycling and optimized for Machine-Direction Orientation (MDO) film extrusion.

Comprising five grades across High-Density Polyethylene (HDPE), metallocene Linear Low-Density Polyethylene (mLLDPE), and Ethylene Butyl Acrylate (EBA) copolymer, the UltraClean polyethylene line signifies a significant stride toward sustainable packaging solutions. The HDPE grades (UltraClean 110 and 120), metallocene mLLDPE (UltraClean 210 and 220), and EBA-based (UltraClean 310) polymers are meticulously crafted to enhance workability, boasting a draw ratio up to 40% higher than standard alternatives. This superior performance enables applications requiring maximum orientation and distinct mechanical properties.  Flexible packaging

As the packaging industry gears up for the impending European regulation mandating complete recyclability of plastic packaging by 2030, Repsol’s UltraClean series emerges as a strategic offering. The company aims to provide customers with solutions aligning with sustainability objectives, particularly in light of the challenges posed by multi-material packaging. The use of MDO technology for single-material packaging production, while not yet ubiquitous, holds promise in meeting the upcoming regulatory requirements.

Antonio Portela, Director of Polyolefins at Repsol, expressed pride in launching one of the most comprehensive ranges to support customers during this crucial phase. Furthermore, the UltraClean range extends its commitment to sustainability with circular, biobased, and biocircular products, reinforcing Repsol’s dedication to circularity and decarbonization in support of their customers’ sustainability initiatives. Flexible packaging

Flexible packaging

A Netherlands circular economy fund that backs recycling solutions for plastic’s impact on climate change and the environment

Jeroen Kelder spent most of his career in corporate finance and investment, where he financed small and medium-sized companies and invested in key economic sectors such as healthcare and renewable energy. With the increasing focus on circularity, he realised many of the things he had learned could be applied to resource transition and, in particular, to plastics.

“Only a low percentage of plastic is being recycled in Europe,” says Kelder, now managing partner at Infinity Recycling, a fund investing in the circular economy. “We currently lack the solutions to adequately recycle our end-of-life waste, so a lot of it ends up either incinerated or sent to landfill, which is a pity because 7% to 9% of the world’s CO2 comes from plastics.  Flexible packaging

Reducing this should be akin to picking low-hanging fruit.”

He wanted to make an impact and he knew that mobilising capital to help companies develop advanced technology and get recycling plants up and running as soon as possible was where he could step in. “It’s disheartening to see innovations and good ideas die because they don’t have the help or funding that they need,” says Kelder. “The world is running out of time.”

The technology to carry out many advanced forms of recycling has often been around for years. But operations have been “sub-scale, too costly and inefficient. And given the disruptive nature of a transition from a centralised, linear economy to a distributed circular economy, the incumbent industry is unlikely to embrace change.” Kelder says. “What the sector needs is independent risk capital and hands-on support.”  Flexible packaging

Kelder first approached the European Investment Fund in 2019 to test his investment thesis. Following additional discussions on the strategy and structuring, the EIF in 2023 invested €50m in Infinity Recycling’s Circular Plastics Fund, one of its largest ever investments in a first-time fund, which has enabled it to attain a more optimal size and well on its path to reach its €150 million target size.

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A Netherlands circular economy fund that backs recycling solutions for plastic’s impact on climate change and the environment

Global circularity rate is falling steadily every year

Over the past five years, the number of discussions, debates, and articles related to the circular economy has almost tripled despite the global circularity rate falling from 9.1% to 7.2%. This is according to the Circularity Gap Report 2024, launched by Circle Economy Foundation today. 

In the past five years, humanity consumed a whopping 500 billion tonnes of materials—nearly equal to what was consumed during the entire 20th century. The global circularity rate has fallen steadily from 9.1% in 2018, when Circle Economy Foundation began measuring, to 7.2% in 2023. This means that out of all the materials consumed worldwide, we’re consuming more virgin materials than ever—while the share of secondary materials is declining.  Flexible packaging

Accelerating progress toward a circular economy means addressing the root causes of linear impacts and changing the rules of the game to favour circular practices. The Circularity Gap Report 2024 outlines how policy, finance, and employment reforms can reshape global systems to promote circularity.

Ultimately, the report proposes a strategy to break free from flawed economic practices known to be socially and environmentally exploitative. This will require unlocking capital, rolling out bold, contextually appropriate policies and closing the sustainable and circular skills gap.

Policies and legal frameworks can incentivise sustainable and circular practices while penalising harmful, linear ones. Flexible packaging

Wealthy countries could achieve the most impact by adjusting regulations in the construction and manufacturing industries.

Examples include incentivising retrofitting and reusing buildings (and their components and materials), developing certification and warranties for secondary building materials, setting standards for product durability, and strengthening the Right to Repair legislation.

In middle-income countries, fostering circular agriculture and manufacturing will be a top priority.

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Global circularity rate is falling steadily every year

Protein Evolution and Basecamp Research have joined forces in an expanded collaboration to combat the global environmental issue of polyurethane and polyamide (nylon) waste

Leveraging Protein Evolution’s Biopure™ technology, powered by artificial intelligence, which already effectively tackles polyester waste, the collaboration incorporates Basecamp Research’s biodiversity mapping system. This synergy enables the development of enzymes specifically targeting the complex composition of polyurethane and polyamide waste.  Flexible packaging

Polyurethane and nylon, constituting 10 percent of global plastic production, present a significant challenge for circularity due to their intricate structures. The collaboration’s primary goal is to design innovative enzymes capable of breaking down these materials into their precursor molecules. This circular approach not only addresses recycling challenges but also contributes to the reduction of the carbon footprint associated with the resulting products, all while maintaining product quality.

Connor Lynn, co-founder of Protein Evolution, expressed enthusiasm about Biopure technology’s practical role in addressing fashion waste and contributing to global decarbonization goals. The strategic partnership also highlights the shared belief in nature as a source of inspiration for solving global challenges, as emphasized by Dr. Glen Gowers, co-founder of Basecamp Research.  Flexible packaging

By combining Protein Evolution’s scale-up expertise with Basecamp Research’s biodiversity mapping, the collaboration accelerates the development of enzymatic plastic recycling processes. This strategic partnership not only enhances the capabilities of biological recycling but also aligns with global sustainability goals, drawing attention from leading brands seeking innovative solutions. As the world grapples with the urgency of environmental issues, Protein Evolution and Basecamp Research stand at the forefront of pioneering solutions for a more sustainable future.

Protein Evolution and Basecamp Research have joined forces in an expanded collaboration to combat the global environmental issue of polyurethane and polyamide (nylon) waste

Anuga FoodTec: KHS systems combine efficiency with safety

  • New rotary InnoPET BloFill ACF-R aseptic block
  • Glass-coated PET bottle interiors further developed
  • KHS’ range of digital services extended

Sensitive beverages and flexible systems and solutions – these are the topics in focus at the KHS trade show booth for this year’s Anuga FoodTec. With its new InnoPET BloFill ACF-R aseptic block the Dortmund systems supplier wants to set new standards in safety and hygiene when it comes to bottle sterilization. Visitors can also find out all about the latest generation of InnoPET Plasmax barrier technology and the first module in the digital KHS ConnectApp service.  Flexible packaging

“Economic success calls for maximum efficiency and availability in all filling and packaging processes. We provide innovative and resource-saving systems and solutions that fully satisfy all aspects of this demand,” says Tobias Wetzel, CSO of KHS. The most recent example of this is the new rotary InnoPET BloFill ACF-R aseptic block that combines the energy-efficient InnoPET Blomax Series V stretch blow molder with the rotary Innofill PET ACF-R filler for the very first time.

Linear fillers can process up to 14,000 bottles per hour. In contrast, the rotary aseptic block has a capacity of up to 36,000 1.0-liter bottles per hour and in the future is even to be available with a top output of 48,000 500-milliliter bottles an hour. The new plant engineering achieves a sterility of log 6 inside the bottles – which is equivalent to a reduction in germs of 99.9999%.  Flexible packaging

“Our linear aseptic fillers, also blocked, have long proved themselves in practice in the filling of sensitive beverages into PET bottles, where maximum safety is of the essence. The newly developed rotary aseptic filler in the higher capacity range is thus the next logical step. With this, we also want to set standards regarding the machine’s hygienic properties,” Wetzel promises.

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Anuga FoodTec: KHS systems combine efficiency with safety

Plastic Depolymerization Catalysts – At the Marca trade fair held at BolognaFiere, Novamont showcased groundbreaking applications in packaging featuring new Mater-bi biopolymer grades 27-01-2024

Flexible packaging

Plastic Depolymerization Catalysts – At the Marca trade fair held at BolognaFiere, Novamont showcased groundbreaking applications in packaging featuring new Mater-bi biopolymer grades 27-01-2024

Plastic Depolymerization Catalysts

Parmalat and Dentis are spearheading an innovative initiative to establish a sustainable supply chain for recycling opaque white PET, commonly found in milk bottles

The primary objective is to achieve a significant reduction of 3,000 tonnes per annum in the use of virgin plastic. In collaboration with Dentis Recycling Italy, Parmalat has introduced Italy’s inaugural white long-life (UHT) milk bottle, boasting a composition of 50% recycled PET—the first of its kind in the country. The adoption of recycled materials is forecasted to prevent the introduction of over 3,000 tonnes of virgin PET into the market, aligning with Parmalat’s commitment to sustainable practices. Plastic Depolymerization Catalysts

These groundbreaking bottles are not limited to Parmalat’s product line; they will extend to all brands within the portfolio, including Zymil, with a strategic goal to achieve 100% recyclable bottles by 2024. The success of this endeavor is attributed to a collaboration with a Piedmontese recycler and the optimization of the recycling chain to create a dedicated waste flow for opaque white bottles, ensuring the efficient recovery of recycled PET for subsequent manufacturing.

Corrado Dentis, CEO of Dentis Recycling Italy, emphasizes the industrial-scale nature of this circular economy project, foreseeing significant environmental efficiencies and contributions to Italy’s pursuit of European sustainability objectives.

Maurizio Bassani, Parmalat’s General Director, underscores the importance of collaboration across the value chain, highlighting Dentis Recycling Italy’s pivotal role in achieving sustainability goals.  Plastic Depolymerization Catalysts

The initiative not only delivers tangible environmental benefits but also engages consumers through awareness initiatives, including QR codes on UHT milk bottle labels guiding proper recycling and educational programs fostering recycling awareness among new generations. Parmalat’s commitment to innovation and sustainability positions this project as a transformative force in the realm of circular economy practices, making strides towards a more environmentally conscious and responsible future.

Plastic Depolymerization Catalysts

In December, the recycled plastics market witnessed diverse price movements. R-PET experienced a downward spiral by €10-20/tonne, while R-HDPE, R-LDPE, and R-HIPS prices remained mostly stable

R-PP homopolymer prices saw a slight increase, whereas R-PP copolymer prices fell by €10/tonne. The industry faced intensified competition from lower-priced virgin material and a robust supply of imported material, leading to diminished demand as converters reduced stocks for the year-end. Consequently, several recyclers shut down early for maintenance. Plastic Depolymerization Catalysts

However, the dawn of the new year brought positive developments. The prolonged slump in R-PET prices finally ended in January, with a notable increase of €20-25/tonne, driven by heightened demand as processors restocked. R-PP and R-HIPS also experienced modest price upticks. Although R-LDPE natural film, translucent film, and R-HDPE blow molding pellet prices remained stable, R-LDPE black extrusion pellets and R-HDPE black injection molding pellets prices softened slightly.

Increased volume calls from processors raised optimism for the end of the demand slump that plagued the recycling market. The European Union’s 2025 target for recycled content is expected to boost demand in the coming year, potentially reducing resistance to planned price increases. Plastic Depolymerization Catalysts

Delving into specific recycled materials, R-PET prices fell in December due to competition from falling virgin polymer costs and weak demand. However, the new year brought a positive turn, with prices rising by €15-20/tonne despite stable bottle scrap costs. R-HDPE prices remained stable in December, with a pickup in demand in January, while R-LDPE and R-PP faced challenges in stabilizing prices amid fluctuating demand and competition.

Overall, the recycling industry grappled with market dynamics in December, but the positive momentum at the beginning of the new year suggests a potential turnaround, driven by increased demand and market balance initiatives by recyclers.

Plastic Depolymerization Catalysts

Polyethylene and Polypropylene Consumption Outpaces GDP Growth in Russia

In 2023, the consumption of fundamental polymers, including polyethylene and polypropylene, in Russia surged to 4.3 million tons, marking an impressive growth of over 10% compared to the previous year.

Looking ahead to 2028-2029, Petrov anticipates further potential growth in the consumption of basic polymers in Russia, projecting an increase of 1.6 million tons. SIBUR’s projections are grounded in various factors, with per capita polymer consumption serving as a significant metric. In Russia, this figure currently stands at 30 kg per person per year. Comparatively, the United States boasts a per capita consumption level twice as high at 62 kg, while China registers at 52 kg. Notably, Turkey, with a per capita consumption of 42 kg, serves as a benchmark for Russia and has emerged as a prominent hub for polymer processing in recent years.  Plastic Depolymerization Catalysts

As the consumption of basic polymers in Russia continues to rise, domestic producers are strategically boosting domestic sales while concurrently curbing exports. This strategic shift aims to address the burgeoning domestic demand, compensating for reduced supplies from the European Union.

In a global context, Alexander Petrov underscores that polymer consumption worldwide is surpassing the growth rate of the global GDP. This observation points to the increasing significance of polymers in various industries and applications, reflecting a broader trend of polymer integration into diverse sectors of the global economy. Plastic Depolymerization Catalysts

Plastic Depolymerization Catalysts

At the Marca trade fair held at BolognaFiere, Novamont showcased groundbreaking applications in packaging featuring new Mater-bi biopolymer grades

The focus was on environmentally friendly solutions for thermolaminated cellulose trays and compostable coffee capsules compatible with home composting.

For cellulose food trays, Novamont introduced Mater-bi bioplastic grades that allow the use of compostable films for thermolamination and heat sealing. These trays offer impressive features, including waterproofing without the use of PFAS, thermal resistance, gas barrier for modified atmosphere packaging, prolonged shelf-life, and easy opening. Notably, these trays are industrially and domestically compostable, and they can be recycled in the paper supply chain.  Plastic Depolymerization Catalysts

Collaborating with G. Mondini, a packaging machine manufacturer, Novamont now provides tailored packaging solutions for the food industry. The collaboration extends to additional services such as product development, technical validation tests, compostability tests following the EN 13432 standard, and tools for environmental communication.

In addition to cellulose trays, Novamont presented Mater-bi grades formulated for compostable coffee capsules. These capsules, designed for injection molding, thermoforming, and cellulose pulp thermolamination with film, offer various oxygen barrier levels. Importantly, the cellulose pulp thermolaminated capsules are suitable for home composting, contributing to a more sustainable disposal option.

Novamont’s participation at Marca highlights its commitment to advancing eco-friendly packaging solutions, offering a range of benefits from improved product preservation to environmentally conscious end-of-life options. The collaboration with G. Mondini further strengthens Novamont’s ability to meet the specific needs of the food industry while promoting sustainable practices.  Plastic Depolymerization Catalysts

At the Marca trade fair held at BolognaFiere, Novamont showcased groundbreaking applications in packaging featuring new Mater-bi biopolymer grades

Iveco Group is advancing its commitment to sustainable practices by partnering with BASF, the world’s leading chemical company and major automotive industry supplier, for the recycling of lithium-ion batteries in its electric vehicles

This collaboration aligns with Iveco’s circular economy strategy, which adheres to the 4R Framework – Repair, Refurbish, Repurpose, and Recycling. The aim is to prolong battery lifespan while minimizing environmental impact, ensuring compliance with the Extended Producer Responsibility policy.

BASF, having recently inaugurated Europe’s first co-located battery material production and recycling center in Schwarzheide, Germany, will oversee the entire recycling process for lithium-ion batteries used in Iveco Group’s electric vans, buses, and trucks. This comprehensive agreement covers battery collection, packaging, transport, and recycling across multiple European countries, including France, Germany, and the UK.

Following collection, BASF will mechanically process the batteries into black mass, extracting critical raw materials like nickel, cobalt, and lithium for use in manufacturing new batteries. By establishing a complete battery recycling value chain in Europe, BASF aims to supply recycled metals with a low carbon footprint to the battery industry, supporting a circular economy.

Angela Qu, Chief Supply Chain Officer at Iveco Group, emphasized the importance of life cycle thinking and sustainability in the partnership, stating that BASF’s battery collection network and recycling capabilities align with Iveco’s goal to achieve net-zero carbon emissions by 2040.  Plastic Depolymerization Catalysts

Dr. Daniel Schönfelder, President of BASF’s Catalysts division, highlighted the significance of this partnership, marking the company’s entrance into battery recycling for commercial vehicles. He expressed the intent to strengthen the European collection network and contribute to the circular economy-focused policy requirements outlined in the EU Battery Regulation. The collaboration with Iveco Group stands as a pivotal step for BASF’s battery recycling business, advancing its presence in the evolving commercial vehicle market.

Iveco Group is advancing its commitment to sustainable practices by partnering with BASF, the world’s leading chemical company and major automotive industry supplier, for the recycling of lithium-ion batteries in its electric vehicles

Direct Conversion of Waste PET to Regenerated Plastics Using Flame Retardants as Depolymerization Catalysts

Polyethylene terephthalate (PET) has been extensively used in the packaging industry, particularly for the production of plastic bottles. PET wastes can be converted into monomeric and oligomeric substances through depolymerization and purification processes.

Currently, the chemical recycling of waste plastics is one of the most viable environmental strategies, and the direct repolymerization of depolymerized chemicals without any purification is gaining significant attention because of its simple and cost-effective recycling characteristics.  Plastic Depolymerization Catalysts

In this study, expandable graphite (EPG) and zeolites were used as glycolysis catalysts for PET depolymerization, and then the reaction product was directly used to polymerize polyurethane foams (PUFs).

Both EPG and the zeolites could depolymerize PET, achieving PET conversion as high as 90% with bis(2-hydroxyethyl terephthalate) yields of > 50%. PUFs were also effectively produced from both depolymerized batches, and all PUF samples had a limiting oxygen index of > 31%, indicating high flame retardancy.

Thus, EPG and zeolites can play dual roles as glycolysis catalysts and flame retardants. Additionally, this study proposes an efficient PET recycling route. Plastic Depolymerization Catalysts

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Direct Conversion of Waste PET to Regenerated Plastics Using Flame Retardants as Depolymerization Catalysts

Umincorp, a leading player in sustainable plastic recycling in the Netherlands, recently faced a significant setback as the company declared bankruptcy

This comes as a blow to the country’s efforts towards establishing a circular economy, where recycled plastic is utilized to manufacture new plastic. Operating in major cities like Amsterdam, Rotterdam, The Hague, and Utrecht, Umincorp specialized in extracting plastic from household waste and transforming it into small granules, serving as raw materials for plastic production.

Despite achieving operational success in 2023 and opening a state-of-the-art factory in Rotterdam capable of processing challenging-to-recycle plastics, Umincorp struggled financially. The company’s downfall was primarily attributed to the plummeting market prices of plastic globally, particularly those derived from cheap oil in China and the US. The competitive disadvantage against fossil plastics made it financially unsustainable for recycling companies like Umincorp. Plastic Depolymerization Catalysts

General Manager Arjen Wittekoek pointed out additional challenges, such as inadequate rates paid by producers and major brands to the Packaging Waste Fund. He argued that a minimum of 20 cents per kilo should be added to ensure a viable business model. Unfortunately, the current rate stands at approximately 1.20 euros, pushing many recycling companies to reduce their capacity.

Umincorp’s bankruptcy reflects broader industry challenges, with many recycling companies operating in the red. The Waste Management Association anticipates a potential wave of bankruptcies if market conditions do not improve. Additionally, stringent EU regulations classify recycled plastic as waste, restricting its use in food packaging. Umincorp’s advanced factory for the food industry in Rotterdam had to be shut down due to these regulations, although it currently remains under a deferment of payment and is open for potential acquisition by a buyer. The situation underscores the urgent need for systemic changes and increased support to sustain the viability of plastic recycling in the Netherlands.  Plastic Depolymerization Catalysts

Umincorp, a leading player in sustainable plastic recycling in the Netherlands, recently faced a significant setback as the company declared bankruptcy

Plastic film – Chemical Recycling Europe, Zero Waste Europe disagree over pyrolysis 26-01-2024

Plastic Depolymerization Catalysts

Plastic film – Chemical Recycling Europe, Zero Waste Europe disagree over pyrolysis 26-01-2024

Plastic film

In recent developments in the Red Sea and the Suez Canal, Chinese shipping companies are strategically redeploying their vessels to exploit perceived immunity from Houthi attacks

Analysts note that China’s involvement in the region aims to capitalize on spaces left vacant by international container transport lines, which have diverted to avoid potential Houthi attacks. The Financial Times reports that smaller Chinese lines, such as Transfar Shipping based in Qingdao, are serving ports like Doraleh in Djibouti, Hodeidah in Yemen, and Jeddah in Saudi Arabia, all experiencing decreased traffic.

Transfar Shipping, an emerging player in the trans-Pacific market, operates two of its three vessels, the Zhong Gu Ji Lin and Zhong Gu Shan Dong, in the Middle East. Houthi leaders, backed by Iran, have pledged not to attack ships associated with China or Russia, as long as they have no ties to Israel. The U.S. has urged China to influence Iran in restraining the Houthis, but there has been no apparent success.

MarineTraffic data indicates that seven freighters from new Chinese operators were active in other markets in October 2022. Sea Legend, a Qingdao-based company, operates in the Red Sea with the protection of the People’s Liberation Army Navy. They offer a weekly scheduled service in the Red Sea region from Asia to Europe, citing protection from the worsening maritime crisis provided by the Chinese Navy.

China has expressed deep concern about escalating tensions in the Red Sea, emphasizing the region’s importance as an international trade channel for goods and energy. Chinese Foreign Ministry spokesperson Wang Wenbin urged all parties to avoid adding fuel to the tensions and jointly safeguard the safety of navigation in accordance with the law. Reports suggest that China may have sought assistance from Iran to mitigate Houthi attacks and protect commercial relations with Tehran.

In recent developments in the Red Sea and the Suez Canal, Chinese shipping companies are strategically redeploying their vessels to exploit perceived immunity from Houthi attacks

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Toray Industries, Inc. has achieved a significant breakthrough in materials engineering by developing a plastic film with a remarkable tensile strength of 1,200 megapascals, nearly equivalent to stainless steel

This innovation is based on ultra-high molecular weight polyethylene (UHMWPE), an engineering plastic with molecular weight ten times that of regular polyethylene. The material’s exceptional strength, typically utilized in high-strength fibers, has been hindered by low processability due to the complexity of its long and entangled molecular chains.

Toray overcame this challenge by employing its proprietary extrusion and biaxial stretching technologies, creating a nanostructure with highly oriented UHMWPE molecular chains in two dimensions. The resulting film boasts strength comparable to stainless steel and more than twice the tensile strength of commonly used polyethylene terephthalate film. Furthermore, it matches the toughness of aramid, a robust plastic film. The applications of Toray’s film extend to superconductivity, space, and cryogenic environments, offering weight and space savings.  Plastic film

Beyond its strength, the film’s nanostructure contributes to a remarkable in-plane thermal conductivity of 18 watts per meter-kelvin, over 10 times higher than polyethylene terephthalate film. This characteristic positions Toray’s film as a potential heat-dissipating material for flexible devices and applications requiring miniaturization, lightness, insulation, and flexibility.

UHMWPE has gained attention as an eco-friendly alternative to fluoropolymer, addressing environmental and health concerns. Toray’s film also exhibits high chemical resistance, low moisture absorption, and a low dielectric constant, making it suitable for semiconductor manufacturing processes. Toray will showcase this groundbreaking material at nano tech 2024, highlighting its commitment to innovation and contributing to societal advancement through the continued application of core technologies in synthetic organic and polymer chemistry, biotechnology, and nanotechnology.  Plastic film

Plastic film

World Bank’s New Outcome Bond Helps Communities Remove and Recycle Plastic Waste

The World Bank (International Bank for Reconstruction and Development, IBRD) today priced a seven-year $100 million, principal-protected Plastic Waste Reduction-Linked Bond. This innovative bond provides investors with a financial return linked to Plastic Waste Collection Credits, Plastic Waste Recycling Credits (collectively, plastic credits), and Voluntary Carbon Units (carbon credits) expected to be generated by two projects.
The selected projects in Ghana and Indonesia aim to reduce and recycle plastic waste in vulnerable communities, cutting plastics leaking into nature and oceans. Citi acted as Lead Manager for the transaction.
This ground-breaking outcome bond mobilizes private capital to support the financing of projects with positive climate and development impacts – with outcomes measured by the generation of plastic and carbon credits issued on the Verra Registry.
Through the transaction, investors are providing approximately $14 million in up-front financing required by the projects to increase capacity at existing facilities, expand to new collection and recycling sites, and install food-grade recycling equipment.
In addition to reducing plastic pollution, the projects create improvements in local pollution and air quality, reduce associated health impacts, and create jobs in often overlooked and marginalized communities.
The innovative use of plastic credits in this transaction introduces an entirely new way of financing plastic collection and recycling operations as well as preventing plastic waste from leaking into the ocean.

Teijin to Produce Carbon Fiber from Sustainable Raw Materials

Waste and biomass residue earmarked for production of precursor acrylonitrile.

At a Glance

  • ISCC Plus–certified carbon fiber is produced at the company’s Mishima plant in Japan
  • Properties, performance, and processing are on a par with petroleum-derived carbon fiber
  • Drop-in replacements reduce greenhouse gas emissions

Japan’s Teijin Ltd. will commence production and sale of Tenax carbon fiber made with sustainable acrylonitrile (AN) based on waste and residue from biomass-derived products or recycled raw materials that have received ISCC Plus certification from the International Sustainability and Carbon Certification system. The Tenax carbon fiber under ISCC Plus certification will be produced at Teijin’s Mishima plant in Shizuoka Prefecture, Japan, using the mass balance approach.  Plastic film

In June 2023, the company obtained ISCC Plus certification for Tenax carbon fiber and the polyacrylonitrile (PAN) precursor fiber produced at its Mishima plant. The sustainable AN has the same physical properties as petroleum-derived AN, while Tenax carbon fiber based on this material delivers the same performance and processing attributes as equivalent fossil-based Tenax products. This similarity allows customers to easily drop in Tenax carbon fiber made with bio-based or circular materials, helping to reduce greenhouse gas (GHG) emissions throughout the product’s lifecycle.

Teijin aims to expand its lineup of sustainable products. To this end, the company is pursuing ISCC Plus certification not only for carbon fiber, including its precursor, but also for intermediate products such as prepregs and short fibers that use sustainable raw materials.  Plastic film

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Plastic film

European Adipic Acid Prices Stagnant in January 2024 Amid deteriorating Demand

In January 2024, the Adipic Acid market continued to exhibit a narrow to decline trend that carried over from the previous year, maintaining a bearish stance in business activity. The Eurozone Adipic Acid market experienced a sustained decline in demand, particularly from the downstream Polyamide and textile sectors.

This protracted downturn indicates challenges and reduced consumption within these key industries, contributing to the overall subdued performance of the Adipic Acid market in the Eurozone.  Plastic film

Downstream businesses have persistently faced challenging demand conditions at the beginning of the year, as evidenced monthly decrease in the inflows of new orders. Enterprises, particularly in the case of Adipic Acid, reported customer hesitancy attributed to high financing costs and geopolitical uncertainty. Germany’s economic slowdown was influenced by lower international demand, with a notable impact stemming from the decline in export orders. The prolonged reduction in new work inflows indicates a cautious economic environment marked by factors affecting both domestic and international business activities.

Despite an increase in the raw material Benzene in the Euro region, the cost of Adipic Acid remained stable. The rise in upstream crude oil prices at the beginning of the year influenced the Benzene market, but this increase did not have a significant impact on the downstream Adipic Acid market.  Plastic film

Merchants in the Eurozone market had sufficient materials to meet domestic requirements from downstream sectors.

As per European commission in January 2024, there was a slight dip in consumer confidence within the eurozone area as enterprises experienced reduced purchasing activity. However, there was no notable increase in demand for the product during this timeframe. Despite the European Union (EU) maintaining its position as the primary destination for Turkish textiles, exports to the EU experienced a notable contraction of 17.6% in 2023. The downstream textile industry faced a decline of 2.3%, with the most significant drop occurring in December at 6.2% within the Turkish market. This indicates muted consumption of Adipic Acid in the textile sector, contributing to the persistent drop in its price.  Plastic film

Manufacturers reduced their purchasing activities in response to lower production needs, leading to a decrease in employment numbers and a subsequent decline in fresh orders from potential customers.

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European Adipic Acid Prices Stagnant in January 2024 Amid deteriorating Demand

Loop Industries – Loop & Bormioli Unveil Pharmaceutical Packaging

Loop Industries and Bormioli Pharma Unveil an Innovative Pharmaceutical Packaging Bottle Manufactured with 100% Recycled Virgin Quality Loop PET Resin at Pharmapack 2024

  • This packaging innovation will be showcased at Pharmapack Europe 2024 (January 24th-25th, 2024, Paris Expo, Porte de Versailles – booth B78-B79, Hall 7.2)

Loop Industries, Inc. (NASDAQ:LOOP) (the “Company” or “Loop”), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate (“PET”) plastic and polyester fiber and Bormioli Pharma, an international leader in pharmaceutical packaging and medical devices, today announced that an innovative pharmaceutical packaging bottle manufactured with 100% recycled virgin quality Loop™ PET resin will be unveiled within the Bormioli booth at Pharmapack Europe 2024.    Plastic film

Bormioli Pharma and Loop Industries aim to introduce market-ready solutions for the global pharmaceutical industry and the two companies began to collaborate over a year ago in order to achieve this goal. Bormioli Pharma tested Loop™ PET resin in its packaging, commissioning to independent third parties’ additional analysis to verify extractables levels with different solutions, also taking in consideration the worst-case scenario. The results of these tests set a new benchmark for recycled plastic products within the pharmaceutical industry, as the bottles produced with Loop™ PET resin do not release any substance deemed of toxicological relevance1Plastic film

Bormioli Pharma’s EcoPositive offering, gathering low-impact packaging solutions, currently constitutes 50% of their standard catalogue, contributing to position itself among the players with the broadest sustainable offerings on the international market.

In addition to the independent third-party testing commissioned by Bormioli Pharma, LoopTM PET resin was also tested by a worldwide leader in laboratory testing services and on December 13th, 2023 Loop announced that test results confirmed its Loop™ PET resin meets the strict requirements and standards outlined by the European Pharmacopeia (Ph.Eur. 3.1.15, Polyethylene Terephthalate for Containers for Preparations not for Parenteral Uses) and the United States Pharmacopeia (USP <661.1>, Plastic Materials of Construction) and is compliant for use in packaging applications in the pharmaceutical industry.  Plastic film

“Through this collaboration with Loop we’re strengthening our role as a solid, quality and reliable partner for the pharmaceutical industry” stated Andrea Lodetti, CEO of Bormioli Pharma“Loop Industries shares our values and commitment, and together we made available a new pharma-grade sustainable solution, showing even greater safety standards than traditional ones.”

Loop Industries - Loop & Bormioli Unveil Pharmaceutical Packaging

Meraxis and Fortum cooperate in Europe-wide distribution of recyclates

The Swiss trading group Meraxis and the Finnish company Fortum Recycling & Waste (Fortum) are deepening their existing cooperation with a strategic partnership. Meraxis will distribute Fortum recyclates throughout Europe. The offer includes PP, HDPE and LDPE recyclates as well as customized re-compounds. Through this cooperation, Meraxis is expanding its product range of recyclates and can thus offer its customers an even larger portfolio of sustainable material alternatives to prime material. Plastic film

Fortum recyclates are made from post-consumer waste in Northern Europe. They are of high quality, durable,versatile as well as reliably available. Meraxis customers can also obtain customized re-compounds from Fortum Circo® that are specifically tailored to their applications and products. Product development in the Fortum-laboratory tailors technical properties such as strength, processability, and color to individual customer re­quire­ments. Fortum Circo® materials are suitable for the manufacture of a wide range of products such as household goods, parts for the automotive and furniture industries, and garden tools. Special grades meet the EU toy standard.

«With Fortum Circo®, we are expanding our range of high-quality recyclates. Our customers will also benefit from the Finnish company’s strong expertise in recycling and material development. Together, we are pursuing the goal of offering polymer processors tailor-made sustainable material alternatives. After all, switching from conventional to recycled plastics is one of the most important levers for reducing CO2 emissions,» says Eddy Khatib, Product Manager Recycling at Meraxis.  Plastic film

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Meraxis and Fortum cooperate in Europe-wide distribution of recyclates

Chemical Recycling Europe, Zero Waste Europe disagree over pyrolysis

Rebuttal to Chemical Recycling Europe’s position paper on Zero Waste Europe’s pyrolysis report: ‘Beyond the headline criticism, elaboration is lacking in their Position Paper’ As a scientific report, ‘Leaky loop “recycling” – A technical correction on the quality of pyrolysis oil made from plastic waste’, published by Zero Waste Europe on 26 th October 2023 (hereafter called Leaky Loop “Recycling”), was written in a way that permits it to be tested for robustness.

This enables science to stand under scrutiny and rebut baseless criticisms, such as those recently made by Chemical Recycling Europe in their Position Paper made public on 11 th December 2023 (hereafter called CRE Position Paper).  Plastic film

Leaky Loop “Recycling” was a meta-research report. Its methodology, commonly called ‘literature review’, collated previous experimental research to derive new conclusions.

Specifically, it analysed twenty-two independent peer-reviewed empirical research papers that had assessed the quality of pyrolysis oil made from predominantly polyolefin plastic waste, along with a further six independent peer-reviewed empirical research papers that had assessed more difficult plastic waste streams.

ZWE report also drew from independent meta-research on the same topic involving more than forty independent empirical research studies (meta- meta-research). All are listed in its Appendices.  Plastic film

Calling them “a narrow set of inconclusive evidence” is incomprehensible. Since the findings of Leaky Loop “Recycling” derive from other independent researchers and authors, it is unclear where the charge of ‘‘grave misinterpretation of facts and scientific evidence” comes from.

Indeed, other authors suggest the need to blend pyrolysis oil with 80 to 95% petroleum naphtha, while some identify that the oil is over a thousand times off specification.

For example: “[…] pyrolysis oil can neither replace nor be blended with naphtha and is not a viable option for closing the circularity of waste plastics […].

The results demonstrate that although there is a very small fraction of pyrolysis oil consisting of saturated alkanes and cycloalkanes, pyrolysis oil obtained from PP [polypropylene] exhibits distinct compositional differences than naphtha and cannot be used as a substitute for it.”  Plastic film

“Contaminant levels exceed established feedstock quality specifications by one or more orders of magnitude such as for nitrogen, chlorine and iron.

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Chemical Recycling Europe, Zero Waste Europe disagree over pyrolysis

Red Sea Crisis – Oonly Opens Bottling Plant With Revolutionary RefPET Tech 25-01-2024

Plastic film

Red Sea Crisis – Oonly Opens Bottling Plant With Revolutionary RefPET Tech 25-01-2024

Red Sea Crisis

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Ioniqa Technologies B.V. is thrilled to announce a significant growth investment from Infinity Recycling’s Circular Plastics Fund, further propelling the advancement and global deployment of its groundbreaking PET Polyester recycling technology

This strategic funding will play a pivotal role in expediting Ioniqa’s scale-up efforts.

At the core of Ioniqa’s innovation is a technology that transforms low-grade post-consumer plastic waste into a feedstock of virgin-like quality. Uniquely, this process includes the upcycling of colored plastic waste flakes, addressing the challenge of recycling currently non-recyclable PET waste. The result is a recycled material suitable for high-quality food-grade applications, unlocking new possibilities for sustainable packaging solutions.

Ioniqa has successfully demonstrated its technology in an industrial production facility in The Netherlands and is now poised to bring it to market through a strategic partnership with Koch Technology Solutions. This collaboration strategically positions Ioniqa to contribute significantly to the circular economy for plastics.

Infinity Recycling’s Circular Plastics Fund, known for providing growth capital to companies fostering circularity, recognizes Ioniqa’s enhanced recycling solution as a game-changer. By complementing existing recycling technologies with a cost-efficient approach, Ioniqa is poised to catalyze the industry’s scale-up.

Tonnis Hooghoudt, Founder and CEO of Ioniqa, expressed gratitude for the funding, emphasizing the critical role it plays in propelling the company’s mission forward. With this investment, Ioniqa is not only set to launch industrial licenses for new customer plants globally but also expand its feedstock capabilities to include Polyester fibers.

This strategic partnership between Ioniqa and Infinity Recycling marks a significant step towards a more sustainable and circular future for PET Polyester recycling, reinforcing Ioniqa’s position as a key player in the evolution of the recycling industry.

Ioniqa Technologies B.V. is thrilled to announce a significant growth investment from Infinity Recycling's Circular Plastics Fund, further propelling the advancement and global deployment of its groundbreaking PET Polyester recycling technology

In response to the escalating threat posed by Houthi rebels, the United States has undertaken a significant shift in its strategy, opting for proactive measures to counter potential attacks

This strategic realignment materialized on January 18, following a Houthi assault involving the launch of two anti-ship ballistic missiles at a US-owned and Greek-operated oil tanker. Prior to this event, Washington, in collaboration with British forces, had refrained from initiating offensive actions against the rebels. The change in approach marks a pivotal moment as the US military, for the first time, actively engaged in preemptive strikes against Houthi anti-ship missiles aimed at the southern Red Sea and the Gulf of Aden, crucial maritime routes for global shipping.

The Pentagon justified its actions by citing the missiles’ threat to merchant and Navy ships in the region, characterizing the strikes as acts of self-defense. Major General Pat Ryder, the Pentagon’s press secretary, revealed that the United States has conducted at least four cycles of preemptive strikes, targeting over 25 missile launch and deployment facilities, more than 20 missiles, as well as drones, radars, weapons, and aerial surveillance capabilities. These efforts, according to Ryder, have been effective in ensuring the safety of international waters off Yemen, emphasizing that the primary objective is to secure the Red Sea for global shipping and mariners. Red Sea Crisis

Acknowledging the Houthi rebels’ formidable arsenal, supplied by Iran, Ryder noted that despite the destruction inflicted, the rebels still retain some of their capabilities. Pentagon officials estimate that the insurgents maintain the majority of their ability to launch missiles and drones at ships. The ongoing efforts underscore a commitment to safeguarding the Red Sea and maintaining a secure environment for international maritime activities, aligning with General Ryder’s assertion that this is the sole goal of the United States in the region.

In response to the escalating threat posed by Houthi rebels, the United States has undertaken a significant shift in its strategy, opting for proactive measures to counter potential attacks

The Houthis fire missiles at ships in the Red Sea

In the latest escalation of violence, Yemen’s Iran-backed Houthi rebels targeted two merchant ships in the Red Sea with three missiles, according to a statement from the White House. Despite ongoing US and British raids on Houthi bases, the group remains committed to its attacks. One missile missed its target, while a US Navy destroyer successfully intercepted the other two rockets aimed at the U.S.-flagged container ship M/V Maersk Detroit. The Houthis’ continued offensive poses a threat to shipping in the region, prompting the need for protective measures. Red Sea Crisis

Denmark’s Maersk, a major shipping company, confirmed that two of its ships, including the Maersk Detroit, had turned back after hearing explosions while passing through the Bab Al-Mandeb Strait. The US Navy escorting the vessels intercepted several projectiles, ensuring the safety of the crew, vessel, and cargo. The United Kingdom Maritime Trade Operations reported an explosion near a vessel south of the Yemeni port of Mokha, supporting Maersk’s accounts. The Houthi attacks since mid-November have disrupted Red Sea trade, a vital route for approximately 12% of international shipping traffic between Europe and Asia.

Houthi rebels claim their attacks target Israel-linked ships supporting Palestinians in Gaza, affected by the Hamas-Israel conflict. The ongoing situation underscores the challenges in maintaining maritime security in the region, with global implications for trade and geopolitical tensions. Red Sea Crisis

The Houthis fire missiles at ships in the Red Sea

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Oonly Opens Bottling Plant With Revolutionary RefPET Tech

OonlyTisztán Víz has opened a HUF 1.5 billion bottling plant in Pannonhalma, where Hungary’s first refPET replacement bottles of mineral water rolled off the production line in mid-January.

Oonly replacement bottles can be refilled an average of 25 times before being recycled and remanufactured into refPET bottles. With this solution, the life cycle of a bottle is much longer than that of a single-use PET bottle. A single replacement bottle guarantees the consumption of 37.5 liters of water over 25 refill cycles, using some 80% less plastic over its entire life cycle than a single-use PET bottle.

“Nearly 100% of household water consumption in Hungary is with single-use PET bottles. However, our research confirms that there is significant consumer demand for future-conscious solutions that take into account our environment.  Red Sea Crisis

Oonly is the first company in our country to offer refillable natural mineral water in a suitable packaging for households. We would like to see environmentally responsible mineral water consumption spread in our country, as in other European countries. Excellent water in sustainable replacement bottles – that’s what we believe in. Packaging waste should be minimized and bottle washing and refilling is the best way to do this. To achieve breakthrough waste reduction success and reduce our carbon footprint, we need truly green solutions that have been proven to work internationally,” said István Polony, managing director of Oonly.

Oonly’s refillable exchangeable bottles are a good alternative for consumers who want to actively protect their environment but don’t want to give up natural mineral water and its benefits.

The source of the spring in Pannonhalma provides crystal clear water with excellent mineral content, the company says.

“In Hungary, more than half of the 3.3 billion beverage containers packaged each year are plastic bottles, so there is huge potential in refillable bottles, so-called refPET, which offer a sustainable solution. Nowadays, there is also a growing interest in sustainable, green products in Hungary, and hopefully, the use of refillable bottles will gain ground,” said Csongor Bajnóczki, senior sustainability consultant at Denkstatt.

Oonly’s products have been available in 1.5 liter, non-carbonated, and carbonated versions since January 22 at kifli.hu. Red Sea Crisis

Reviving the Recycling Traditions

A new mandatory return system was introduced in Hungary on January 1, which means that shops charge a deposit on glass, aluminum, and PET bottles, which is returned to the customer when they take the bottles to a return point.

Red Sea Crisis

China tire cord maker Shenma to establish Thai factory

China’s leading tire cord manufacturer, Shenma Co., Ltd, is embarking on a strategic international expansion with a significant investment of €32 million to establish a state-of-the-art polyamide fiber production facility in Thailand. The new facility will be situated in the Eastern Economic Corridor industrial zone, strategically located in Rayong, Chonburi.

This ambitious project will be executed in two phases, with an overall production capacity of 20 kilotonnes per annum (ktpa) focusing on the production of ‘differentiated fiber’ specifically designed for tire manufacturing.  Red Sea Crisis

Shenma disclosed this information in a stock exchange filing on January 18, highlighting the first phase’s completion expected within 15 months. The initial phase will have a nameplate capacity to produce 10ktpa of high-quality nylon yarn.

Shenma’s decision to invest in this facility is grounded in its comprehensive internationalization strategy, responding proactively to the growing trend of Chinese tire manufacturers establishing overseas bases. By setting up operations in the Eastern Economic Corridor, Shenma aims to strengthen its proximity to downstream customers in Southeast Asia, resulting in reduced sales costs, improved product profitability, and swift responsiveness to the demands of the downstream market.

Additionally, Shenma eyes further market expansion by leveraging its Thai base to export products to other key Asian markets, with a specific focus on India. This move not only solidifies Shenma’s global presence but also aligns with the company’s commitment to staying ahead in the highly competitive tire cord industry. The establishment of the Thai facility marks a significant milestone in Shenma’s pursuit of international growth and market leadership.

Red Sea Crisis

Red Sea Issue Complicate Global PET Market, Another Series of Struggle Starts for the West and US

Global Polyethylene Terephthalate (PET) market has been facing challenges since the start of January 2024 due to the high production cost and logistic barrier amid heightened demand. Overall markets around the globe including Europe and USA struggle with the recent price upswing.  Red Sea Crisis

The US PET market has been experiencing a continuous rise in prices since the start of the 2024. PET (bottle grade) prices, which were assessed at USD 1215/MT DDP Los Angeles during the first week of January 2024, later reached USD 1245/MT by third week of the month.

This rise in the PET resin price is primarily attributed to the ongoing conflict in the red sea trade route, which has resulted in low supply of commodities including raw materials and high production cost amid moderate demand in the downstream bottle and the packaging industries. Further, conflict is still continued to the date by the Yemen based rebel group. However, the US and UK with allies are striving to uphold the condition, which might ease the ocean logistic operation through the Red Sea route. Red Sea Crisis

On the other hand, reduction in the water level in the Panama Canal is another obstacle in the export path, this is the worst drought in the central American region creating a turmoil in the shipment route developing container’s traffic blockage creating hesitation about the canal route amongst route users for the trade.

PET price in European countries has been maintaining a bullish trend since early January 2024. Price rapid from USD 1160/MT to USD 1200/MT FD Belgium in the month. During this period, market demand for PET was high from the consumer and downstream packaging industries but it has been noticing a huge restriction from the supply chain to fulfill the market and consumer requirement.

Red Sea Ocean dispute has disturbed the entire logistic operation causing a reduction in container movement and delay in reaching shipments to consumers amid high demand. The dispute has prompted altering the different routes for ships resulting in a surge in freight cost and reduction in the availability of required containers. The ongoing crisis will threaten the supply status as Europe mainly depend on Asian countries for more than 50% PET import.

In Asia, majority of the nations have been displaying a bearish market situation like China, Taiwan and South Korea except for India. The decline in prices of PET in these countries was primarily driven by halted exports to the European market, which has led the domestic inventories level to rise in recent weeks. The opening price of PET bottle grade of the month in China is USD 1127/MT FOB Wuhu whereas the current price is USD 1127/MT FOB Wuhu, China.  Red Sea Crisis

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Red Sea Crisis

I am a dedicated and results-oriented Product Manager with a strong focus on innovation and efficiency

Currently, I lead the development and implementation of groundbreaking technologies at Sidel, a global leader in packaging solutions.

My latest achievement is the introduction of EvoFill PET, a revolutionary filler designed for water and still beverages.

EvoFill PET stands out with its compact design, offering enhanced hygiene and quality while contributing to sustainability efforts. The space-saving innovation handles high production speeds of up to 90,000 bottles per hour, boasting a footprint that is 15% smaller.  Red Sea Crisis

Its simplified configuration, with fewer transfer star wheels and a more compact front table and process unit, ensures ease of operation, maintenance, and cleaning, ultimately contributing to optimal hygiene and making it best-in-class.

As the water industry rapidly expands, especially in key markets like China, India, and Türkiye, EvoFill PET meets the growing demand with versatility. Its ergonomic design ensures consistent and repeatable performance for operators of all skill levels. The controlled environment for flowmeter contactless filling enhances product safety and quality, catering to the evolving preferences and needs of consumers.

The flexibility of EvoFill PET extends to its multiple configurations, seamlessly integrating with Sidel’s Combi and Super Combi complete systems. With format changeovers simplified in both manual and automatic modes, the filler adapts quickly to market demands.  Red Sea Crisis

Sustainability is at the core of EvoFill PET’s design, from reduced energy consumption through the integrated CIP system to the compact size that minimizes maintenance needs. These improvements result in lower operational costs, reduced downtime, and an extended lifespan, guaranteeing a lower total cost of ownership.

I am proud to be at the forefront of shaping the future of bottling technology, providing innovative solutions that not only meet industry demands but also contribute to a more sustainable and efficient future. Red Sea Crisis

Visit Sidel

I am a dedicated and results-oriented Product Manager with a strong focus on innovation and efficiency

To curb plastic pollution, industry and academia must unite

Collaboration is key to making plastic use greener as soon as possible. Our experience yields tips on how to set up industry–academic partnerships.

From the top of Mount Everest to the deepest ocean trench, pieces of plastic are found almost everywhere on Earth. Specks have even been found in human blood and breast milk. This pervasiveness is just one aspect of a global crisis that encompasses the entire life cycle of plastics.  Red Sea Crisis

More than 95% of plastics are currently manufactured using fossil fuels1. In 2019 alone, the carbon footprint from their production reached 1.8 billion tonnes of carbon dioxide, or 3.7% of global greenhouse-gas emissions — around twice as much as is generated by aviation2.

About half of the plastic produced is used only once3 and, in 2019, 353 million tonnes of plastic waste were generated (see Nature 616, 234–237; 2023). Only 9% of that waste was recycled, and 19% was incinerated2 — lowering air quality. The rest was disposed of in landfill sites (49%) or, worse, was mismanaged (22%)2: burnt in the open or discarded in the environment through littering or illegal dumping.  Red Sea Crisis

Preliminary studies suggest that plastic pollutants have the potential to disturb crucial Earth system processes (such as nutrient cycling in soils) and to affect local weather patterns by promoting cloud formation. They could even serve as a marker for a potential new geological era shaped by human activity — the Anthropocene epoch.

As demand for plastics continues to soar, with annual production expected2 to nearly triple from around 460 million tonnes in 2019 to about 1,230 million tonnes in 2060, researchers in academia and industry are searching for ways to reduce their environmental cost. However, these efforts are often incremental and siloed. Progress is too slow. Academic and industrial groups need to team up to solve the problems faster. Red Sea Crisis

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To curb plastic pollution, industry and academia must unite

Amprius, a California-based company specializing in high-performance batteries, has achieved a significant milestone with its latest battery model, SiCore, boasting an impressive energy density of 400 Wh/kg

This achievement, attributed to the use of a proprietary silicon anode, positions Amprius at the forefront of battery technology, especially in the context of electric aviation.

SiCore has demonstrated remarkable durability, enduring up to 1,200 charge and discharge cycles without significant degradation. This breakthrough has attracted notable partnerships with industry giants such as Aalto/Airbus, AeroVironment, BAE Systems, Teledyne Flir, and collaboration with the U.S. army, solidifying Amprius’ presence in the aeronautical sector.  Red Sea Crisis

CEO Kang Sun highlighted the company’s success, emphasizing their expertise in lithium-ion cells with a silicon anode as the key factor behind SiCore’s exceptional energy density. The positive results obtained in laboratory tests were validated through independent testing, confirming the battery’s reliability in various electric mobility applications.

Having successfully concluded the testing phase, Amprius is gearing up for SiCore’s production, partnering with Berzelius to supply American markets, including the USA, Canada, and Mexico. Additionally, a new production facility in Colorado, set to be operational in 2025, will house the manufacturing lines for SiCore cells and the upcoming SiMaxx cells.

The latter is anticipated to achieve a remarkable density of 500 Wh/kg, boasting rapid recharge times, up to 80% in less than 6 minutes, and operational efficacy within a wide temperature range, from -30 to 55 degrees Celsius. Red Sea Crisis

Amprius’ advancements in battery technology, especially with SiCore and the promising SiMaxx cells, signal a significant leap forward in the electrification of aviation, with potential applications in electric planes and broader electric mobility solutions.

Amprius, a California-based company specializing in high-performance batteries, has achieved a significant milestone with its latest battery model, SiCore, boasting an impressive energy density of 400 Wh/kg

In response to the recent challenges faced by its stock market, China is gearing up for a financial revival by unleashing a massive support package

The impetus for this strategic move arises from the stark comparisons with global counterparts, notably the surging Nikkei in Japan and India’s ascent to become the world’s fourth-largest stock market, surpassing Hong Kong. The Hang Seng’s stagnation symbolizes China’s broader economic struggles, prompting an urgent call to action.

A resolute “counter-order, comrades” was issued mere days after Prime Minister Li Qiang’s cautious stance at Davos, signaling Beijing’s commitment.  Red Sea Crisis

Bloomberg reports reveal a formidable plan to mobilize 2 trillion yuan (approximately $280 billion) from offshore accounts of state-owned enterprises. This formidable financial injection aims to stabilize the stock market and instill confidence among investors.

However, skeptics argue that this financial lifeline may prove inadequate, representing a mere 2% of China’s GDP and sidestepping the root causes of structural challenges. The nation grapples with an aging population, reluctant consumer spending despite a deflationary cycle, and constrained foreign currency inflows due to global economic constraints.  Red Sea Crisis

China faces an uphill battle, exacerbated by recent stock market setbacks, with indices like CSI and HSI witnessing significant declines. The outflow of foreign capital, reaching 33 billion RMB in the first part of 2024, underscores international skepticism about China’s recovery prospects.

Despite the formidable challenges, recent Bloomberg rumors triggered positive market reactions, with international investors purchasing 3.8 billion yuan of Chinese shares and the Hong Kong stock market gaining 3%. This move is perceived as an appetizer, hinting at potential future stimulus measures. While the path to stabilization remains arduous, these developments suggest a strategic step toward restoring vitality to the Chinese stock market amid a complex economic landscape.  Red Sea Crisis

In response to the recent challenges faced by its stock market, China is gearing up for a financial revival by unleashing a massive support package

Textile-to-textile – Lignin reinforcement enhances PLA biopolymer functionality 24-01-2024

Red Sea Crisis

Textile-to-textile – Lignin reinforcement enhances PLA biopolymer functionality 24-01-2024

Textile-to-textile

In the ongoing Middle East conflict:

Houthi authorities in Yemen have instructed US and British UN workers and humanitarian organizations in Sanaa to leave the country within a month. This decision follows attacks by the US and British armed forces, supported by other nations, against military targets of the pro-Iranian Houthi group. The attacks were in response to Houthi-initiated assaults on commercial ships in the Red Sea.

Israel has rejected the possibility of a ceasefire in Gaza, with the government emphasizing the destruction of Hamas, the release of hostages, and ensuring Israel’s security. The government spokesperson, Ilana Stein, dismissed rumors about a new agreement with Hamas.  Textile-to-textile

The Gaza Ministry of Health reported that at least 25,700 Palestinians have been killed, and 63,740 injured in Israel’s attacks on Gaza since October 7. In the past 24 hours, 210 Palestinians were killed, and 386 were injured.

The Prime Minister’s office in Iraq warned that US attacks on Iraqi military positions would lead to an “irresponsible escalation” and violate the nation’s sovereignty. The US targeted three facilities linked to an Iranian-backed militia.

Israel and Hamas are reportedly nearing a 30-day ceasefire agreement in Gaza. The potential agreement involves the release of Israeli hostages and Palestinian prisoners. Diplomatic efforts by Qatar, the United States, and Egypt aim to mediate differences between the two sides and facilitate increased humanitarian aid to Gaza. However, a permanent resolution to the Gaza war remains elusive, as Hamas insists on addressing this issue before moving forward.  Textile-to-textile

Textile-to-textile

The United States has sought China’s assistance in addressing Houthi attacks on commercial ships in the Red Sea

American officials, including National Security Adviser Jake Sullivan, Deputy Jon Finer, and Secretary of State Antony Blinken, have engaged with senior Chinese officials, particularly Liu Jianchao, head of the Chinese Communist Party’s international department. The discussions aimed to convey a warning to Iran, urging it to restrain Houthi rebels and prevent escalating tensions in the Middle East.

Despite these efforts, there is limited evidence of Chinese pressure on Iran to curb Houthi attacks. The most recent development includes a generic statement from Beijing, issued last week, urging “interested parties” to ensure safe passage for ships navigating the Red Sea—a crucial global trade route.

While the United States plans to persist in raising the issue with Beijing, there is skepticism regarding a change in China’s stance. Some signs of Chinese engagement have been noted, but they are considered insufficient. The Financial Times source cautioned against overestimating China’s actions or their impact on the matter.

In summary, the U.S. has requested China’s assistance in addressing Houthi attacks, but there is little indication that China has exerted significant pressure on Iran to restrain the rebels. The U.S. remains cautious about expecting a change in China’s attitude on this issue.

The United States has sought China's assistance in addressing Houthi attacks on commercial ships in the Red Sea

Toyota : “Electric cars will never dominate the market”

Akio Toyoda, the president of Toyota and a prominent figure in the automotive industry, recently reiterated his skepticism about electric cars during a dialogue with employees. Despite the growing popularity of electric vehicles (EVs), Toyoda remains steadfast in his belief that they will not dominate the market, projecting a maximum 30% market share. Emphasizing technological neutrality, he advocates for a multi-path approach to the energy transition, asserting that consumers should not be compelled to choose electric cars over other technologies like hybrids or hydrogen fuel cells.

Expressing concerns about industrial impositions by politicians, Toyoda insists on allowing consumers to decide the best solution for their needs rather than succumbing to regulatory pressures.  Textile-to-textile

He criticizes the idea of a one-size-fits-all approach and champions a diversified strategy to combat the real enemy—CO2 emissions.

Despite facing criticism for Toyota’s perceived delays in developing EV models, Toyoda defends the company’s focus on alternative technologies, acknowledging the challenges of navigating this path independently.

In challenging the legislative landscape, Toyoda predicts that only 30% of the market will be occupied by electric cars, leaving room for hybrid, fuel cell, and hydrogen vehicles.

He underscores the importance of consumer choice and questions the practicality of solely relying on battery-powered cars, especially in regions lacking essential charging infrastructure.  Textile-to-textile

Additionally, he raises concerns about potential financial challenges for companies still engaged in combustion engine production, warning of the risk of banks withdrawing credit support.

In essence, Akio Toyoda advocates for a balanced, consumer-driven approach to the future of transportation, emphasizing the need for diverse options to address the multifaceted challenges posed by the automotive industry.  Textile-to-textile

Toyota : “Electric cars will never dominate the market”

The “swamp” or the escalation with Iran: what the US risks with the raids against the Houthis

The United States is navigating a complex response to hostile acts by Tehran-aligned forces in the Middle East, particularly in relation to the Houthi aggressions in the Red Sea. In an effort to counter these threats, the U.S. has initiated multiple waves of raids, including cruise missiles, targeting Houthi depots. The well-organized adversary presents a challenge, forcing the Pentagon to consider both preventive actions and reducing the opponent’s arsenal, with uncertainties surrounding the likelihood of success.

The potential risks for the U.S. are multifold. On one hand, massive intervention might lead to entanglement in a protracted conflict, akin to sinking into a swamp. On the other hand, failure to respond could be perceived as encouragement for the militiamen’s challenge. Simultaneously, economic costs are rising for maritime transport, impacting Europe, which has established its own safety plan to safeguard navigation in response to the escalating situation. Textile-to-textile

Iran’s role in supporting the Houthi faction includes intelligence and technical support for anti-ship operations, a command/control base in Sanaa, and ongoing efforts to replace destroyed systems. Despite Iran downplaying its influence, analysts warn of a potential strategy of attrition favoring the militants.

The situation extends beyond Yemen, with pro-Iranian factions launching strikes in Syria and Iraq, presenting a dilemma for the U.S.: how to respond to attacks on its installations without escalating into a total war that might involve targeting Iran directly. Amidst this geopolitical chessboard, Israel adds a variable with its determination to strike enemies beyond its borders, potentially sparking reprisals against not only Israeli but also U.S. interests. Textile-to-textile

The overall scenario underscores the intricate web of challenges faced by the United States in the region, balancing military responses, diplomatic efforts, and the broader geopolitical implications involving Iran, Israel, and the safety of maritime routes.

The "swamp" or the escalation with Iran: what the US risks with the raids against the Houthis

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Crude Oil Prices Trend by Polyestertime

BASF and Inditex have achieved a significant breakthrough in textile-to-textile recycling with the introduction of loopamid, a revolutionary polyamide 6 (PA6) made entirely from 100 percent textile waste

This marks a milestone in their collaborative efforts to enhance recyclability within the textile industry. Loopamid, developed by BASF, enables the recycling of discarded polyamide 6 textiles into new, virgin-quality synthetic fibers and materials. Zara, a flagship brand of Inditex, has embraced this innovation by creating a jacket composed entirely of loopamid, aligning with a “design for recycling” approach where every component, including fabrics, buttons, filling, hook and loop, and zipper, is derived from loopamid.

The cutting-edge technology behind loopamid facilitates textile-to-textile recycling of post-industrial and post-consumer textile waste, showcasing its adaptability to various fabric mixtures like PA6 and elastane.  Textile-to-textile

This breakthrough not only improves circularity in the fashion industry but also allows for multiple recycling cycles while maintaining material characteristics identical to those of conventional virgin polyamide.

Dr. Ramkumar Dhruva, President of BASF’s Monomers division, emphasized the significance of this achievement, stating it marks a crucial step towards circularity in the fashion industry. The capsule jacket, a result of collaboration with Inditex, serves as proof that circularity is feasible. BASF is committed to scaling up its technology to provide commercial quantities, further contributing to the sustainable transformation of the textile industry.  Textile-to-textile

Javier Losada, Inditex’s Chief Sustainability Officer, highlighted the importance of collaboration and innovation in fostering a more responsible industry. The loopamid project represents a key step toward a circular solution, addressing the need for increased collecting and recycling capacities to achieve a scaled approach for post-consumer waste.

Both BASF and Inditex share ambitious sustainability goals, with BASF aiming to double its sales from circular economy solutions to €17 billion by 2030. Inditex, on the other hand, strives to have 100% of its textile products made exclusively from materials with a smaller environmental footprint by 2030, emphasizing the use of next-generation materials, recycled materials, and organic and regenerative fibers.  Textile-to-textile

Textile-to-textile

Chinese manufacturer CALB is set to establish a lithium-ion battery factory in Portugal, according to the APA Portuguese environment agency’s announcement on Monday

Portugal, boasting the largest lithium reserves in Europe, is an ideal location for this venture, given lithium’s crucial role in electric vehicle (EV) batteries. The proposed factory, strategically situated in the coastal town of Sines, approximately 100 kilometers south of Lisbon, aims to commence operations by the end of 2025.

The APA highlighted the facility’s primary focus on meeting robust customer demand, particularly within the automotive industry. A public consultation period, scheduled until the end of February, will allow stakeholders to provide input on the project. The estimated two billion-euro ($2.2 billion) investment by CALB encompasses the construction of five buildings, with projections indicating the creation of approximately 1,800 direct jobs, a significant boost to the local economy.  Textile-to-textile

Despite potential environmental concerns, APA has conditionally approved two lithium mining projects in northern Portugal. These decisions have faced opposition from environmental NGOs and local residents. The lithium-ion batteries that will be produced at the CALB factory are crucial components for electric vehicles, aligning with global efforts to transition away from fossil fuels and promote green energy solutions.

The initiative plays a role in supporting the automotive industry’s shift towards sustainable practices, contributing to the broader green energy transition agenda.

As the project progresses through the public consultation phase, the successful establishment of CALB’s lithium-ion battery factory in Portugal could mark a significant step towards advancing clean energy technologies and creating a substantial economic impact in the region.  Textile-to-textile

For more information, readers can visit AFP.com, as this article was produced by the Agence France-Presse (AFP), and the Barron’s news department was not involved in its creation.

Textile-to-textile
Introducing igus’s latest innovation, the drylin Econ series, a breakthrough in low-cost linear slides designed for simple adjustment and positioning tasks

Crafted from recycled high-performance plastic, these polymer slides are both cost-effective and environmentally sustainable, offering a greener alternative for linear systems commonly used in adjustable retail displays and similar applications.

The drylin Econ series is a game-changer, providing a solution that is over 80% more affordable than traditional machined aluminum counterparts. The slides, injection-molded from regranulated plastic, boast integrated compensating bearings, enabling smooth cornering on curved aluminum rails.  Textile-to-textile

Ideal for tasks such as adjusting retail store monitors or fine-tuning grippers in snack vending machines, the drylin Econ series offers a cost-effective alternative to linear guides with recirculating ball bearings and steel components, eliminating unnecessary expenses.

“As companies face pressures like inflation, high energy costs, and disrupted supply chains, saving costs has become imperative. In response to these challenges, we are proud to introduce the drylin Econ series,” says Rob Dumayne, drylin and bearings director at igus UK. Textile-to-textile

“This entry-level series is tailored for simple adjustment tasks, providing a cost-effective and sustainable solution, even for non-linear profiles.”

The drylin Econ series not only reduces costs by around 80%, but it also contributes to sustainability efforts. Manufactured from injection molding production waste, the slides utilize iglidur ECO P, a regranulate plastic composed of 100% recycled materials, including production sprues and damaged parts.

This not only lowers material costs but also promotes a circular economy by diverting plastic waste from incineration or landfill.  Textile-to-textile

Additionally, the drylin Econ series stands out for its operational efficiency. Microscopic solid lubricants integrated into the high-performance plastic bearing facilitate dry running without additional lubrication, reducing maintenance time and costs.

The lightweight construction, combining plastic and aluminum, makes it suitable for various applications, including those requiring inconspicuous and quiet operation.

With the ability to effortlessly glide around curved rails, the drylin Econ series ensures ease of movement, making it particularly suitable for vending machines in public spaces. In embracing sustainability and cost-effectiveness, igus continues to lead the way in providing innovative solutions for the evolving needs of industries worldwide.

Textile-to-textile

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Textile-to-textile

Precision Textiles, a leading supplier to mattress manufacturers, is pioneering an industry-first collaboration with Unifi, Inc., makers of REPREVE® recycled performance fiber

This strategic partnership aims to address the surging consumer demand for eco-friendly mattresses.

Precision Textiles is committed to reducing its carbon footprint, and by incorporating REPREVE® recycled polyester yarn into all filler cloth products, it becomes the sole bedding component manufacturer utilizing this innovative fiber.

REPREVE®, the world’s premier recycled polyester fiber brand, tackles environmental concerns related to plastic waste by spinning yarns from recycled plastic bottles.

This partnership not only marks a milestone for Precision Textiles but also positions the company at the forefront of sustainability in the mattress industry.

Every 100-yard roll of the company’s ENDURE IFR and ADVANTAGE SB non-woven products will now include REPREVE® fiber, derived from 228 recycled water bottles, eliminating over 20 million plastic bottles annually.  Textile-to-textile

Gerry Welkley, national sales manager at Precision Textiles, expresses pride in being the first FR nonwoven component supplier to embrace REPREVE® technology, emphasizing its positive impact on sustainability initiatives.

Bob O’Connell, executive vice president marketing and merchandising, underscores the customer-driven nature of this collaboration, providing mattress manufacturers with an eco-friendly solution to meet consumer expectations.

Precision Textiles’ longstanding commitment to environmental stewardship is reflected in its USDA Bio-Preferred and UL Greenguard GOLD certified FR solution product lines, demonstrating a dedication to a sustainable future.  Textile-to-textile

This groundbreaking partnership not only exemplifies Precision Textiles’ dedication but also resonates with conscientious consumers expecting responsible product manufacturing.

Precision Textiles, a leading supplier to mattress manufacturers, is pioneering an industry-first collaboration with Unifi, Inc., makers of REPREVE® recycled performance fiber

Lignin reinforcement enhances PLA biopolymer functionality

As the Process Engineering Development and Project Manager at KraussMaffei Extrusion, Lars Darnedde has played a pivotal role in a groundbreaking collaboration between Synergy Horizon Poland and KraussMaffei, resulting in the development of a 100% bio-based-reinforced thermoplastic: lignin-reinforced polylactic acid (PLA). This innovative process incorporates 30% hydrolyzed lignin during extrusion, creating a compound with natural antioxidant capacity, enhanced mechanical properties, and controlled biodegradability.  Textile-to-textile

The Synergy Horizon group, focused on lignin valorization, strives to transform lignin, often discarded in bioethanol production, into valuable products for diverse applications. With expertise in lignin purification, chemical modification, and functionalization, the group offers lignin-derived products for industries ranging from oil and gas extraction to water treatment.

Synergy Horizon Poland has developed a commercial production line for free-flowing lignin powder, a milestone in utilizing this abundant natural substance.

KraussMaffei’s technical center demonstrated successful incorporation of up to 30% lignin into PLA matrix using specialized equipment, resulting in a significant increase in flexural and tensile modulus.  Textile-to-textile

Extensive mechanical tests have shown that the lignin-reinforced PLA not only enhances mechanical properties but also exhibits a biodegradation rate of over 90% in 99 days, making it ideal for environmentally conscious applications such as food packaging. The unique combination of antioxidant capacity, lack of odor, and improved biodegradability sets this lignin-reinforced PLA apart in the industry, showcasing a sustainable and functional alternative in the realm of biopolymers.

Lignin reinforcement enhances PLA biopolymer functionality

I am a highly skilled chemical engineer with a proven track record in the innovative development of sustainable technologies

In my most recent role, I played a pivotal role in the inauguration and optimization of a groundbreaking demonstration unit for bio-butadiene synthesis from bioethanol at the Michelin factory in Bassens, France. Textile-to-textile

This achievement marked the first-ever plant of its kind in the country, a project I have been dedicated to for the past five years.

Collaborating closely with IFP Energies Nouvelles (Ifpen) and Axens, I successfully completed the construction of the unit within the Michelin facility as part of the BioButterfly project. This cutting-edge facility, finalized in July of last year, boasts a production capacity of up to 30 tonnes per year. My responsibilities include overseeing the unit’s operations to fine-tune the technology, aiming for a seamless transition to an industrial scale.  Textile-to-textile

As an integral part of the project, I have contributed to securing investments exceeding 80 million euros, with substantial support from the French Environment and Energy Agency (Ademe), the Nouvelle Aquitaine region, and the Urban Community of Bordeaux. Additionally, I have played a crucial role in the creation of approximately twenty jobs at the Michelin site in Bassens.  Textile-to-textile

Beyond the immediate success of the project, my focus aligns with Michelin’s commitment to using renewable or recycled raw materials entirely by 2050. I am particularly interested in the commercialization of the bio-butadiene synthesis process by Axens, with Michelin leveraging this sustainable resource in the production of tire compounds.

My expertise extends beyond butadiene production, as evidenced by my involvement in the development of styrene butadiene rubber (SBR) using styrene monomer obtained from chemical recycling. I am dedicated to advancing environmentally responsible practices within the chemical engineering field and contributing to the tire industry’s sustainable evolution.  Textile-to-textile

I am a highly skilled chemical engineer with a proven track record in the innovative development of sustainable technologies

The “Waste Plastic Pyrolysis Processing Plant Project Report 2024” by IMARC Group serves as a comprehensive guide for entrepreneurs and stakeholders interested in establishing a waste plastic pyrolysis processing plant

The report covers a wide range of aspects, providing valuable insights into industry trends, plant setup, machinery requirements, raw material specifications, investment opportunities, costs, and revenue projections.  Textile-to-textile

Waste plastic pyrolysis is an innovative recycling method that transforms plastic waste into valuable resources through a thermal decomposition process conducted in an oxygen-free environment. The report delves into the intricacies of this process, detailing the heating temperatures, reactor types (fixed beds, fluidized beds, and rotary kilns), and the distinction between fast and slow pyrolysis methods. It highlights the significance of converting non-recyclable plastics into useful products, presenting a sustainable waste management solution.

The global market for waste plastic pyrolysis is driven by the increasing adoption of circular economy principles, encouraging industries to embrace waste-to-value approaches.  Textile-to-textile

Technological advancements in pyrolysis processes are enhancing efficiency and output quality, making the technology more attractive to investors and users. The report emphasizes the market’s growth fueled by the rising price of crude oil, which boosts demand for alternative fuels derived from plastic waste.

Moreover, the growing emphasis on sustainable and eco-friendly practices, coupled with the awareness of environmental issues, is driving the acceptance and adoption of waste plastic pyrolysis. The report identifies additional factors contributing to market growth, including the commitment of companies to sustainability goals, rapid expansion in developing regions, advancements in waste sorting and pre-treatment technologies, and extensive research and development activities.  Textile-to-textile

Entrepreneurs and stakeholders can leverage the detailed financial analysis provided in the report, covering capital investments, project funding, operating expenses, income and expenditure projections, ROI, net present value, and profit and loss accounts. Armed with this comprehensive roadmap, individuals can make informed decisions, ensuring the success of their waste plastic pyrolysis processing units in the evolving landscape of sustainable waste management.

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The "Waste Plastic Pyrolysis Processing Plant Project Report 2024" by IMARC Group serves as a comprehensive guide for entrepreneurs and stakeholders interested in establishing a waste plastic pyrolysis processing plant

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

Textile-to-textile

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

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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

More.. 

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

PET Bottle Polymer – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP – Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber  22-01-2024

PET Bottle Polymer

PET Bottle Polymer

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET Bottle Polymer

PET Bottle Polymer

Polyestertime
ITEM 15/01/2024 22/01/2023 +/-
Bottle grade PET chips domestic market 6,870 yuan/ton 7,000 yuan/ton +130
Bottle grade PET chips export market 890 $/ton 905 $/ton +15
Filament grade Semidull chips domestic market 6,730 yuan/ton 6,820 yuan/ton +90
Filament grade Bright chips domestic market 6,730 yuan/ton 6,820 yuan/ton +90
Pure Terephthalic Acid PTA domestic market 5,730 yuan/ton 5,880 yuan/ton +150
Pure Terephthalic Acid PTA export market 715 $/ton 730 $/ton  

+15

 

Monoethyleneglycol MEG domestic market 4,540 yuan/ton 4,575 yuan/ton +35
Monoethyleneglycol MEG export market 532 $/ton 540 $/ton +8
Paraxylene PX FOB  Taiwan market

PET Bottle Polymer

1,017 $/ton 1,031 $/ton
+14
Paraxylene PX FOB  Korea market 995 $/ton 1,009 $/ton +14
Paraxylene PX FOB EU market 1,050 $/7on 1,095 $/ton +45
Polyester filament POY 150D/48F domestic market 7,450  yuan/ton 7,580 yuan/ton
+130
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,600 yuan/ton
Polyester filament DTY 150D/48 F domestic market 8,850 yuan/ton 8,900 yuan/ton +50
Polyester filament FDY 68D24F

PET Bottle Polymer

8,900 yuan/ton 9,000 yuan/ton +100
Polyester filament FDY 150D/96F domestic market 8,175 yuan/ton 8,250 yuan/ton +75
Polyester staple fiber 1.4D 38mm domestic market 7,280 yuan/ton 7,380 yuan/ton +100
Caprolactam CPL domestic market 13,600 yuan/ton 13,650 yuan/ton
+50
Caprolactam CPL overseas  market 1,630 $/ton 1,630 $/ton
Nylon 6 chips overseas  market 1,880 $/ton 1,880 $/ton
Nylon 6 chips conventional spinning domestic  market 14,300 yuan/ton 14,400 yuan/ton +100
Nylon 6 chips  high speed spinning domestic  market

PET Bottle Polymer

14,900 yuan/ton 14,900 yuan/ton
Nylon 6.6 chips domestic  market 19,700 yuan/ton 19,700 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,000 yuan/ton 17,000 yuan/ton
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 19,200 yuan/ton-
Nylon6 Filament FDY  70D/24F  17,900 yuan/ton 18,000 yuan/ton +100
Spandex 20D  domestic  market

PET Bottle Polymer

34,500 yuan/ton 34,500 yuan/ton
Spandex 30D  domestic  market 33,000 yuan/ton 33,000 yuan/ton
Spandex 40D  domestic  market  30,000 yuan/ton 30,000 yuan/ton
Adipic Acid domestic market 9,700 yuan/ton 9,900 yuan/ton +200
Benzene domestic market

PET Bottle Polymer

7,560 yuan/ton 7,980 yuan/ton +420
Benzene overseas  market 939 $/ton 946 $/ton +7
Ethylene South East market 870 $/ton 890 $/ton +20
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

PET Bottle Polymer

9,500 yuan/ton 9,400 yuan/ton -100
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,700 yuan/ton 12,900 yuan/ton +200
PP Powder domestic market

PET Bottle Polymer

7,150 yuan/ton 7,200 yuan/ton
Naphtha overseas market  662 $/ton 674 $/ton +12
Phenol domestic market 7,220 yuan/ton 7,417 yuan/ton +197

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

PET Bottle Polymer

Circularix, a leading food-grade recycled polyethylene terephthalate (rPET) manufacturer backed by Macquarie, has entered into a supply agreement with Republic Services, sourcing material from the waste management company’s polymer centers

The collaboration signifies Circularix’s commitment to environmental goals, supporting beverage brands and consumer packaged goods (CPG) companies in fulfilling their sustainability commitments.

Operating a facility inrPET pellets Hatfield, Pennsylvania, with an annual capacity of approximately 55 million pounds of , Circularix is set to open another facility in Ocala, Florida, in the first half of this year. The company, established in 2022 as a joint venture between HPC Industries and Macquarie’s Commodities and Global Markets group, aims to build a total of five U.S. facilities, with a combined annual production capacity exceeding 275 million pounds of rPET resin.  PET Bottle Polymer

Circularix’s leadership team, with prior experience in the rPET sector, includes President and COO Alex Delnik and CEO Leon Farahnik, formerly associated with CarbonLite. The partnership with Republic Services aligns with Circularix’s unique model of purchasing flakes to produce pellets, differentiating it from its predecessor.

Republic Services, expanding its presence in plastics recycling, has opened polymer centers, with plans to spend $300 million on four centers. Pete Keller, Republic’s vice president of recycling and sustainability, emphasized their commitment to helping customers achieve ambitious recycled content goals through high-quality recycled plastics, enabling bottle-to-bottle recycling with Circularix.  PET Bottle Polymer

The partnership responds to the growing demand for rPET driven by major brands’ voluntary commitments and state mandates, aligning with global goals for increased recycled content in plastics.

Circularix, a leading food-grade recycled polyethylene terephthalate (rPET) manufacturer backed by Macquarie, has entered into a supply agreement with Republic Services, sourcing material from the waste management company's polymer centers

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

Electric car

PET Bottle Polymer – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP – Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber

More.. 

Electric car

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

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

Fueled by commitments from major corporations such as Coca Cola and Nestlé to incorporate more recycled plastics into their packaging, the petrochemical industry faces increased pressure to explore advanced chemical recycling technologies for plastic waste reduction.  Electric car

The potential impact of chemical recycling on the U.S. economy is substantial, with the American Chemistry Council projecting an annual economic output of $9.9 billion. This includes a noteworthy $4.1 billion attributed to the generation of new products through chemical recycling facilities. The economic prospects underscore the transformative potential of chemical recycling in reshaping not only waste management practices but also contributing to economic growth.

The Alliance to End Plastic Waste, a nonprofit organization comprising stakeholders across the plastics value chain, identifies chemical recycling as a focal point in its mission. This coalition encompasses a diverse range of participants, including chemical and plastic manufacturers, consumer goods companies, retailers, converters, and waste management entities. The collaborative efforts within this alliance highlight the collective commitment to finding sustainable solutions within the plastics industry. Electric car

As the petrochemical industry grapples with the urgency of mitigating plastic waste, chemical recycling emerges as a beacon of promise. Positioned at the intersection of environmental responsibility and economic opportunity, chemical recycling holds the potential to revolutionize how society approaches plastic waste management on a large scale.

Electric car

StoreDot, an Israeli startup specializing in ultra-fast charging technology for lithium batteries, has unveiled the I-BEAM XFC cell-to-pack architecture, a breakthrough in electric vehicle charging

The technology enables the integration of StoreDot’s high-speed charging cells into a compact and heat-resistant module.

Presented at Polestar Day last November, StoreDot announced a collaboration with Swedish brand Polestar to develop a prototype, the Polestar 5, featuring their extreme fast charging (XFC) technology.  Electric car

StoreDot’s cells, utilizing a silicon anode, can absorb significant current rapidly, allowing a 10 to 80% charge in just 10 minutes or adding 160 km of range in 5 minutes.

The challenge lies in managing the heat generated during high-speed charging, addressed by the I-BEAM XFC architecture.

This innovative design incorporates an integrated cooling system and a reinforced structure to protect cells from thermal shock, eliminating the need for additional components in the battery pack.

The breakthrough has garnered support from major industry players, including BP, Daimler, VinFast, Volvo Cars, Polestar, Ola Electric, Samsung, and TDK.

StoreDot plans to send cell samples for automaker testing in 2024 and aims to build new factories in the United States.  Electric car

With patented technology, StoreDot envisions further advancements, targeting 100 miles of range in just 3 minutes by 2028.

The collaboration with Polestar represents a significant stride towards revolutionizing electric vehicle charging, marking StoreDot as a key player in the future of sustainable transportation.

Electric car

BRICS: Why Has Saudi Arabia Not Yet Joined the Alliance?

In a surprising turn of events for the BRICS alliance, Saudi Arabia, despite receiving an invitation at the August 2023 Annual Summit, has not yet joined the economic bloc, raising questions about the initially anticipated partnership. Contrary to widespread belief, Saudi Arabia officially stated at the beginning of 2024 that it is still considering BRICS membership, sparking speculation about the factors influencing this decision.

The BRICS alliance, comprising Brazil, Russia, India, China, and South Africa, expanded its reach in the previous year by inviting additional nations, including Saudi Arabia. However, as of the official inclusion date for the expanded nations, Saudi Arabia remains on the sidelines. Argentina is the only country that has explicitly rejected the offered membership, with the others still contemplating their participation. Electric car

Despite being a member of the BRICS New Development Bank, Saudi Arabia’s Minister of Commerce, Majid Al-Kasabi, clarified that the inclusion process has not been officially finalized. Reports suggest heightened geopolitical tensions between BRICS and the United States as a potential reason for the delay, highlighting the intricate diplomatic landscape.

The consideration process involves assessing the benefits of joining BRICS, according to Saudi Arabia’s Economy Minister, Faisal Alibrahim. He emphasized the kingdom’s engagement in various multilateral platforms and institutions, indicating a meticulous decision-making process.  Electric car

The unexpected delay in Saudi Arabia’s decision has prompted speculation, especially given its historically strong ties with the United States.

Director General of the Security Research Center of Naif Arab University for Security Sciences, Hesham Alghannam, identified “political implications” as the primary drivers behind the delayed decision. Saudi Arabia aims to maintain an equal distance from major powers and avoid sending signals that could be misinterpreted by any party.

The ongoing evaluation of benefits and the consideration of potential political ramifications underscore the complexity of Saudi Arabia’s decision-making process regarding BRICS membership.  Electric car

Mohammed bin Salman

Mohammed bin Salman

China defies sanctions to make Russia its biggest oil supplier in 2023

Immigration inspection officers in protective suits check a tanker carrying imported crude oil at the port in Qingdao, Shandong province, China May 9, 2022. Photo : China Daily via REUTERS/Files

Russia leapfrogged Saudi Arabia to become China’s top crude oil supplier in 2023, data showed on Saturday, as the world’s biggest crude importer defied Western sanctions to purchase vast quantities of discounted oil for its processing plants.

Russia shipped a record 107.02 million metric tons of crude oil to China last year, equivalent to 2.14 million barrels per day (bpd), the Chinese customs data showed, far more than other major oil exporters such as Saudi Arabia and Iraq.

Imports from Saudi Arabia, previously China’s largest supplier, fell 1.8 per cent to 85.96 million tons, as the Middle East oil giant lost market share to cheaper Russian crude.

Shunned by many international buyers following Western sanctions over the Kremlin’s 2022 invasion of Ukraine, Russian crude oil traded at significant discounts to international benchmarks for much of last year amid a Western-imposed price cap.

Accelerating demand from Chinese and Indian refiners for the discounted oil boosted the price of Russian ESPO crude through 2023, pushing past the Group of Seven’s $60 a barrel price cap imposed in December 2022 as alternative shipping and insurance options to circumvent the sanctions proliferated.

ESPO crude shipments for December delivery were priced at a discount of around 50 cents to 20 cent per barrel to the ICE Brent benchmark, versus a $1 premium for October delivery cargoes and a discount of $8.50 for shipments delivered in March, according to trading sources.

At the same time, Saudi Arabia raised prices for its signature Arab Light from July, pushing some refiners to look for cheaper cargoes.

More.. 

China defies sanctions to make Russia its biggest oil supplier in 2023

The Stellantis electric car platform with 800 km of autonomy

STLA Large, the cutting-edge electric vehicle (EV) platform from Stellantis, has officially debuted, heralding a new era in automotive innovation

With an impressive range of up to 800 kilometers and an astonishing acceleration from 0 to 100 km/h in approximately 2 seconds, STLA Large sets a new standard for electric performance. Unveiled as the native Battery Electric Vehicle (BEV) architecture for future electric cars, it will make its debut in North America this year under the Dodge and Jeep brands, later expanding to Alfa Romeo, Chrysler, and Maserati globally.

Stellantis promises a total of eight models from 2024 to 2026, boasting unparalleled technological flexibility and top-tier quality.  Electric car

This EV platform will be featured in sedans, SUVs, and luxury cars (D and E segments), offering a choice between 400 and 800 Volt architectures with a maximum charging efficiency of 4.5 kWh. Battery options range from 85 to 118 kWh.

The intrinsic flexibility of the platform empowers engineers and designers to tailor key dimensions such as wheelbase, overall length, width, and total and ground heights. The platform supports various suspension modules and multiple propulsion systems to meet the specific performance goals of each vehicle, including driving dynamics, handling, and comfort.  Electric car

Innovative high-strength materials optimize the platform for weight and rigidity, ensuring best-in-class performance across all vehicle types. Components like the climate control system, steering, braking system, and propulsion are designed to minimize energy consumption and enhance driving range, reflecting a commitment to sustainability and efficiency. STLA Large is poised to revolutionize the automotive landscape, representing a groundbreaking leap toward the future of electric mobility.

STLA Large, the cutting-edge electric vehicle (EV) platform from Stellantis, has officially debuted, heralding a new era in automotive innovation

Circular Economy

The transition to a circular economy of plastics is crucial for a sustainable future. Recovering, reusing and extending the life of plastic materials is an opportunity to protect the environment, create business opportunities and help build a better world. Join the change, join the circular economy. Electric car

The world is advancing at a rapid pace in all aspects and is constantly growing, resulting in a higher and higher demand for products and resources. Plastic materials are key to the Circular Economy model because of their potential to be recovered and used as a resource.

In order to make sustainable growth possible, it is necessary to make the leap to a development model that reduces the amount of resources needed to make new products and that is capable of addressing the waste that it creates.  Electric car

This means moving on from a linear model based on a “use and throwaway” ideology to a new one, called the Circular Economy. The European Union is opting for this model as it could reduce urban waste by up to 65% by 2030.

Why is Circular Economy for Plastics necessary?

In this new model, plastic materials are necessary because they offer considerable benefits as they are capable of being recovered and reused as resources.

The Circular Economy offers answers to the challenge of environmental sustainability and can also be adopted by companies as a business opportunity. Improving designs and management systems and extending the life of plastics can generate new jobs, reduce greenhouse gases and lower dependence on fossil fuels.  Electric car

Circular Economy

Electric cars: battery passport mandatory in Europe from 2027

Electric cars sold in the European Union after February 2027 will be required to feature a battery passport, detailing comprehensive information about the battery pack’s supply chain, sources, and raw materials. The European Union has established the Battery Pass Consortium to determine the specifics of these passports. The current evaluation involves considering 90 pieces of information across seven categories, encompassing general battery and manufacturer data, compliance, certifications, carbon footprint, supply chain due diligence, battery materials and composition, circularity and resource efficiency, as well as performance and durability.  Electric car

The cost of obtaining a battery passport is estimated to range between 6 and 12 euros per battery. These documents will not only establish a detailed digital trail of production stages but also grant manufacturers access to critical supply chain information. By offering insights into the raw materials such as cobalt, graphite, lithium, and nickel, the battery passports aim to create a comprehensive electronic record of information collected at every production stage.

The introduction of battery passports is geared towards providing end consumers, upon request, with in-depth details about the composition of their electric vehicle batteries. This transparency could significantly impact consumer purchasing decisions. Further developments in this initiative are expected in the upcoming weeks.  Electric car

Electric cars: battery passport mandatory in Europe from 2027

Freight rates and delays continue to climb as Red Sea violence continues

Amid escalating violence in the Red Sea, freight rates and delays are on the rise, impacting shipments from Asia and the Indian Subcontinent to Europe and the U.S. East and Gulf Coasts, according to UPS Inc. The Yemen-based Houthi Militia’s attacks on ocean vessels entering the Red Sea en route to the Suez Canal have led most carriers to avoid the region, disrupting the global supply chain. Spot rates for container shipments from the Far East to the Mediterranean have surged, with a $1,630 increase per forty-foot equivalent unit (FEU) between January 14 and 18, reaching an average of $6,050 per FEU.

While current spot rates are below the 2022 peak, they are causing significant market turmoil. The Red Sea crisis has led to rapid rate increases and disruptions, outpacing the early months of the COVID-19 pandemic.  Electric car

Shippers face challenges with longer shipping times, disrupted schedules, space shortages, and increased costs.

UPS recommends proactive measures for dealing with Suez Canal challenges:

  1. Act intentionally and plan early, remaining flexible in the face of unplanned situations.
  2. Identify urgent shipments and consider alternative shipping modes, such as air freight.
  3. Utilize the UPS Forwarding Hub for a one-stop self-service portal to quote, book, and track air and ocean shipments.
  4. Have a contingency plan in place to ensure business continuity in the event of delays or disruptions.  Electric car

Freight rates and delays continue to climb as Red Sea violence continues

Electric car

Recycled content – In the initial half of January 2024, the German polyamide market witnessed a notable decline in prices, primarily attributed to feeble demand in key downstream industries 20-01-2024

Recycled content – In the initial half of January 2024, the German polyamide market witnessed a notable decline in prices, primarily attributed to feeble demand in key downstream industries 20-01-2024

Recycled content

ALPLA Group, a leading global packaging entity, is significantly elevating its processing capabilities for recycled PET and HDPE, marking a crucial step towards achieving its 2025 voluntary recycled content goals

In a comprehensive review of its 2023 activities, the Austrian-based plastic packaging and recycling firm reported processing 386,000 short tons of recycled resin in-house, doubling the amount from just two years prior, showcasing a robust commitment to sustainability. ALPLA plans additional investments in 2024 to further strengthen its recycling capabilities.

In a notable achievement, the company integrated 20% recycled content into its packaging materials in 2023, underlining its dedication to advancing sustainable practices. ALPLA is strategically concentrating on internally processing higher-quality recycled PET and HDPE to achieve its ambitious target of 25% recycled content in packaging materials by 2025. Recycled content

To spearhead this effort, the company established a dedicated recycling-focused branch in 2023, named ALPLArecycling.

The company’s commitment to recycling growth is evident in its actions, actively expanding capacities to emphasize sustainable practices and circular economy principles. The surge in demand for recycled HDPE validates the effectiveness of ALPLA’s strategy, with the company expressing confidence in its approach.

ALPLA’s recent strides in recycling underscore its continuous dedication to integrating recycled materials into production processes. In 2022, the company used 361,000 short tons of recycled resin, and in 2021, this figure was 311,000 short tons, emphasizing the ongoing commitment to increasing the utilization of recycled materials and fostering a circular approach to plastics.  Recycled content

ALPLA’s recycling operations have a global footprint, with PET and HDPE recycling plants strategically located in Austria, Germany, Italy, Mexico, Poland, Romania, Spain, and Thailand. This extensive presence positions ALPLA as a key player in advancing global recycling practices and contributing to the circular economy.

As ALPLA advances its recycling initiatives, the company stands at the forefront of the packaging industry’s transition to more sustainable and environmentally friendly practices. Strategic decisions to enhance in-house processing capacities, establish a dedicated recycling branch, and set ambitious recycled content targets underline ALPLA’s leadership in embracing a circular economy model. These efforts not only align with evolving consumer preferences for eco-conscious products but also position ALPLA as a trailblazer in sustainable packaging solutions.  Recycled content

Recycled content

Black Swan Graphene announces a range of Graphene Enhanced Masterbatch (“GEM”) products

Black Swan Graphene has announced a range of Graphene Enhanced Masterbatch (“GEM”) products. These GEMs offer different performance and attributes of products aimed at multiple applications in the polymer industry. This announcement follows a recent commercial agreement ratified with Hubron International, a global leader in black masterbatch manufacturingRecycled content

Black Swan stated that its products are the results of extensive internal development efforts, including independent verification using the expertise at the Graphene Engineering Innovation Centre (“GEIC”) and a strategic partnership with Hubron. The primary objective of the product development endeavors extends beyond performance; it strives for consistency, a pivotal factor in the commercialization of additive products.

Initial production volumes are focused on polypropylene; a widely used polymer known for its versatility and cost-effectiveness. However, its relatively low impact resistance has often posed a challenge in various applications. By incorporating only 1% of graphene into the polypropylene (loading ratio), an impressive 30% improvement in impact resistance was achieved in a Notched Izod test, which assesses the amount of energy absorbed by a material when struck by a notched sample.  Recycled content

Graphene enhanced products, with the addition of Black Swan’s product, reportedly demonstrate multiple performance benefits, including enhanced processability and therefore cost-effectiveness. Masterbatches with a loading ratio of up to 20% are available in various polymers. This repeatable performance in enhancing the impact resistance of polypropylene enables new possibilities across multiple industries, notably for different packaging and lightweighting in the transportation industry, a key driver for range increase and fuel efficiency.

Hubron and Black Swan are also working with the polymer matrix of a world-leading industrial polymer manufacturer, which launched an aggressive initiative to develop plastic materials for electric vehicles aimed at reduced weight, expand design freedom, reduce complexity, enhance thermal management, and reduce environmental impact. The development program resulted thus far in a 20% improvement in tensile strength, based on a loading ratio of only 0.2%.  Recycled content

Robert Laurent, Technical Director at Hubron, commented: “These results further add weight to the potential benefits of incorporating graphene materials into thermoplastics. A 30% impact resistance improvement is exciting, and we are looking to expand these trials into commercial applications. We are also able to fine-tune compound properties to deliver customer specific solutions.”

Simon Marcotte, President and Chief Executive Officer of Black Swan, commented: “This development marks a substantial leap in advancing the performance of polymer materials. The enhanced capabilities of graphene-enhanced polypropylene not only signify a breakthrough but also have the potential to reshape entire industries. We are confident that this innovation will spark creativity and drive transformative solutions across a diverse range of products and applications.”  Recycled content

More.. 

Recycled content

Volkswagen is intensifying its pursuit of solid-state batteries, doubling down on its commitment after a strategic partnership with QuantumScape

The German automaker is now engaging in negotiations with Blue Solutions to expedite the development process.

Seeking to avoid delays experienced with QuantumScape, in which Volkswagen has invested, the company aims to secure a reliable source for solid-state batteries.

Blue Solutions, associated with the Bolloré group, already holds a contract to supply these batteries to Mercedes for use in electric buses.  Recycled content

The negotiations between Volkswagen and Blue Solutions, as reported by Reuters from insider sources, center on a collaborative effort to develop solid-state batteries.

These batteries, based on the technology utilized in Mercedes buses, will be adapted for integration into Volkswagen’s electric vehicles.

The lithium-metal battery, known for its flexible structure called FlexFrame, addresses the stresses encountered during charging and discharging phases.

In a video presentation, QuantumScape’s executives, including Chief Product Officer Chris Dekmezian and Senior Director of Cell Design and Manufacturing Daniel Braithwaite, along with University of Michigan’s Associate Professor Venkat Viswanathan, shed light on the battery’s chemistry and architecture.  Recycled content

Volkswagen’s determination to advance solid-state battery technology underscores its commitment to the electrification of its vehicle fleet, emphasizing a proactive approach to secure a robust and timely supply chain.

Recycled content

StoreDot has introduced a groundbreaking advancement in extreme fast charging (XFC) technology with its innovative I-Beam XFC cell-to-pack (CTP) concept

At the heart of this concept lies StoreDot’s exclusive 100in5 cell technology, capable of providing a remarkable 100 miles (160 kilometers) of range in just 5 minutes of charging. The 100in5 electrodes are intricately integrated into the newly developed I-Beam XFC cells, designed for direct incorporation into the battery pack.

While conventional cell-to-pack architectures primarily target enhancing range and energy density, StoreDot’s focus extends to the acceleration of extreme fast charging. The I-Beam XFC concept overcomes the complexities and cost challenges associated with integrating XFC capability at the vehicle level, facilitating even faster charging for electric vehicles (EVs).  Recycled content

Diverging from traditional cooling systems, the I-Beam XFC introduces the patented Structural Cooling concept embedded within each cell’s structure. This innovative thermal management approach prevents localized hotspots, ensuring uniform temperatures throughout the battery pack. This capability allows the acceptance of ultra-high currents required for fast charging, minimizing system overhead. Recycled content

Although currently a conceptual framework, StoreDot has already secured multiple patents related to the I-Beam XFC architecture. The company perceives this design as pivotal in unlocking the full potential of XFC technology on a mass scale. Dr. Doron Myersdorf, CEO of StoreDot, affirms their commitment to advancing XFC battery technology from the cell level to the vehicle level, with the I-Beam XFC representing a holistic approach to improving packing efficiency, battery life cycle, and enabling rapid EV charging, likening it to the speed of refueling with petrol. As part of its ambitious plans for 2024, StoreDot aims to demonstrate the world’s first EV equipped with XFC technology, ship prismatic B-samples to OEMs, and expand operations in the US. Recycled content

StoreDot has introduced a groundbreaking advancement in extreme fast charging (XFC) technology with its innovative I-Beam XFC cell-to-pack (CTP) concept

In the initial half of January 2024, the German polyamide market witnessed a notable decline in prices, primarily attributed to feeble demand in key downstream industries

Over the past fortnight, the pricing trajectory of polyamide has been unfavorably impacted by subdued consumption in sectors vital to Germany’s economy, including textiles, electrical, and automotive.

This downturn has given rise to a bearish market environment, exerting downward pressure on polyamide prices.

The consumption patterns and pricing trends of polyamide are intricately linked to various factors, encompassing economic conditions, industrial activities, and global market dynamics.  Recycled content

A pivotal factor contributing to this market shift is the weakness observed in feedstock prices, particularly Adipic Acid and Caprolactam, which has reverberated through the largest economy in the Eurozone.

This influence has permeated downstream derivative sectors, such as Polyamide 6 and 66. The subdued pricing of essential components like Adipic Acid and Caprolactam has cast a broader impact on the dynamics of Polyamide 6 and 66.

Consequently, the German Polyamide market found itself in a situation where ample supply met domestic requirements, prompting merchants to operate based on existing stock levels, leading to a decline in fresh orders.  Recycled content

The abundance of supply and reliance on existing stock fostered a cautious approach among merchants, thereby hampering the generation of new orders in the market.

The European market, in general, is grappling with the repercussions of global economic volatility and diminished purchasing power due to elevated interest rates and inflation.

The decline in purchasing activity observed in December 2023 extended into January 2024, as manufacturers sought to optimize their stock levels.

Notably, the automotive sector experienced a sharp reduction in new car registrations, with 241,883 fewer registrations nationwide compared to the previous year, marking a substantial 23% decline.  Recycled content

Authorities in the industry attributed this disruption to the premature discontinuation of incentives for purchasing electric cars, contributing to a year-long decline in registrations. These events signify a decreased utilization of Polyamide in the automotive industry during this specific timeframe.

Forecasts indicate that the demand for Polyamide from downstream sectors, particularly automotive and textiles, is expected to further decrease in the coming weeks.

This projection is grounded in the prevailing weak demand conditions across Europe, influenced by ongoing economic factors and market dynamics.

The anticipation is that subdued demand will lead to a reduction in the utilization of Polyamide within sectors such as automotive and textiles.  Recycled content

In the initial half of January 2024, the German polyamide market witnessed a notable decline in prices, primarily attributed to feeble demand in key downstream industries

Avantium, Helios Resins sign multi-year FDCA agreement

Helios plans to partially or fully replace petro-based terephthalic acid, the key building block for polyester resins, with FDCA

Renewable chemistry company Avantium and Helios, a Slovenia-based manufacturer of  coating resins, composite resins, and polyester polyols for PU flexible foams, have signed a ‘multi-year’ capacity reservation agreement. Avantium will supply Helios with FDCA (furandicarboxylic acid) from its flagship plant that is currently under construction in Delfzijl, the Netherlands.  Recycled content

Production at the new facility – the world’s first  commercial facility for the production of FDCA from plant-based sugars – is expected to commence in 2024.

Avantium has developed a proprietary YXY technology that uses catalysts to convert plant-based sugar (fructose) into FDCA, the key building block for a wide range of plant-based chemicals and plastics such as polyethylene furanoate (PEF). PEF is a 100% plant-based and recyclable plastic. Applications include polyesters, polyamides and polyurethanes, as well as coating resins, plasticisers, and other chemical products.

Avantium will sell FDCA and PEF directly from its FDCA flagship plant to its customers, in parallel to selling technology licences to industrial partners.

Helios plans to partially or fully replace petro-based terephthalic acid, the key building block for polyester resins, with FDCA.  Recycled content

“This capacity reservation for FDCA developed by Avantium provides assurance that we can use FDCA widely in the future for our resins and coatings,” said Dr. Martin Ocepek, director R&D synthetic resins at Helios Resins.

Avantium, Helios Resins sign multi-year FDCA agreement

Loop Industries, a Canadian company specializing in chemical recycling technology for PET and polyester fiber waste, is set to receive a significant boost with a $66 million investment from Reed Management

This strategic collaboration aims to propel the adoption of Loop’s innovative depolymerization process in Europe.

Reed Management’s investment, outlined in a non-binding memorandum of understanding, includes a $11 million equity investment in a joint venture to acquire commercialization rights for Loop’s technology in Europe. Recycled content

Additionally, a $22 million loan from the joint venture to Loop, divided into two tranches, will further support the company’s initiatives.

The remaining $33 million commitment will cover the initial costs of chemical recycling projects in Europe, including a joint venture with Suez and SK Geo Centric for a new plant in Saint-Avold, France.

Loop Industries Founder and CEO, Daniel Solomita, highlights the strategic significance of the partnership with Reed, leveraging their financial relationships and experience in major capital investments.  Recycled content

This collaboration aims to facilitate Loop’s penetration of the European market, aligning with stringent regulatory requirements for plastic material recycling.

Solomita emphasizes the financial structure’s accretive nature to shareholder value, minimizing dilution while maximizing the potential for future projects.

Loop Industries’ innovative technology focuses on depolymerizing PET and polyester waste, transforming it into high-quality monomers suitable for polymerization into new, virgin-like polyester, providing a sustainable solution for the plastics industry.

Loop Industries, a Canadian company specializing in chemical recycling technology for PET and polyester fiber waste, is set to receive a significant boost with a $66 million investment from Reed Management

Austria’s Lenzing introduces an innovative processing technique for TENCEL Lyocell fibers, designed specifically for stretch fabrics with enhanced recovery properties

These fabrics, known for their ease of care, not only provide superior comfort but also open up endless design possibilities for lightweight apparel. Lenzing actively supports its mill partners in achieving the “BS EN 14704-1” standard for TENCEL Lyocell stretch fabrics, demonstrating a commitment to quality and industry standards.  Recycled content

The groundbreaking processing technique involves the re-engineering of woven fabric composed of TENCEL Lyocell fibers, combined with a fabric pre-treatment. This technique results in increased yarn crimps in the widthwise direction during the wet process, leading to exceptional stretch and recovery properties. The fabric maintains a smooth appearance even after home laundering, showcasing its durability and resistance to shrinkage or wrinkles.

Rex Mok, Vice President of Fiber Technical Marketing and Development at Lenzing, emphasizes the technical innovation’s ability to unlock the inherent potential of TENCEL Lyocell fibers, providing stretch fabrics that move harmoniously with the body.

This not only enhances comfort but also aligns with responsible production practices, offering a fossil-free alternative that adheres to sustainable and transparent supply chain principles.  Recycled content

Lenzing extends comprehensive support to its mill partners, ensuring that the stretch fabrics made with TENCEL Lyocell fibers meet international standards for fabric stretch and recovery properties. This collaboration empowers mills and brands to explore unlimited design possibilities, meeting the growing consumer demand for comfortable and responsibly produced apparel across various sectors.

TENCEL Lyocell fibers used in these stretch fabrics serve as a sustainable alternative to conventional synthetic materials. Derived from certified wood sources and produced through a resource-saving closed-loop process, these fibers contribute to reduced carbon emissions and water consumption. The traceability of these fibers back to their sources ensures greater accountability and transparency in the textile supply chain, aligning with Lenzing’s commitment to sustainable practices. Recycled cont Recycled contentent

Austria's Lenzing introduces an innovative processing technique for TENCEL Lyocell fibers, designed specifically for stretch fabrics with enhanced recovery properties

Red Sea Crisis – In a significant development, ERCA Textile Chemical Solutions (TCS) has officially emerged as an independent entity within the ERCA Group, exclusively dedicated to the textile industry 19-01-2024

Recycled content

Red Sea Crisis – In a significant development, ERCA Textile Chemical Solutions (TCS) has officially emerged as an independent entity within the ERCA Group, exclusively dedicated to the textile industry 19-01-2024

Red Sea Crisis

Maritime Security and Geopolitical Tensions: A Comprehensive Overview

In recent developments, the Houthi rebels in Yemen have assured the safe passage of Russian and Chinese ships transiting through the Red Sea. Mohammed al-Bukhaiti, a senior Houthi official, emphasized in an interview with the Russian agency Izvestia that the waters around Yemen remain safe for navigation, provided the ships are not connected to certain countries, particularly Israel. Al-Bukhaiti’s assurance underscores the Houthi commitment to ensuring free navigation, a crucial aspect for their country.

However, amidst these assurances, the Houthi rebels claimed responsibility for a missile attack on the American ship Chem Ranger off the coast of Yemen. They asserted that the attack was in retaliation for American and British actions, warning of further aggression if their interests are targeted. Red Sea Crisis

The United States Central Command confirmed the attack, stating that two anti-ship ballistic missiles were launched, but fortunately, no injuries or damage to the vessel were reported, allowing the tanker to continue its journey.

Despite the Houthi leader Abdel-Malek al-Houthi’s vow to continue naval attacks in the Red Sea and Gulf of Aden, he specifically highlighted their intention to strike ships linked to Israel. This follows recent air attacks by the United States and Britain on Houthi targets in Yemen, escalating tensions in the region.

In a surprising turn of events, the Houthi rebels, whose attacks have disrupted maritime traffic in the Red Sea, offered a guarantee of “safe passage” to Chinese and Russian ships on this strategically important route. This move raises questions about the geopolitical dynamics at play, with the Houthi leadership seemingly distinguishing between nations and their vessels based on political affiliations.

The Houthi leadership criticized the military actions of the United States and the United Kingdom, claiming that their “folly and idiocy” have backfired, resulting in losses greater than those suffered by Yemen. According to Mohammed al-Bukhaiti, member of the Houthi political leadership, ships from China and Russia are not under threat, and the rebels are prepared to ensure the safe passage of their vessels in the Red Sea.

The exclusion of Israeli ships or those with any link to Israel from safe passage through the Red Sea reflects the Houthi rebels’ strategic objective of increasing the economic cost for the state of Israel, aiming to draw attention to the situation in Gaza and curb what they perceive as a humanitarian crisis. Red Sea Crisis

As tensions escalate, Al-Bukhaiti also warned of various scenarios, including the possibility of an American ground operation in Yemen. This highlights the complex and precarious nature of the geopolitical landscape in the region and the potential for further military engagements.

In conclusion, the assurance of safe passage for Russian and Chinese ships, coupled with the Houthi rebels’ continued naval attacks and warnings of potential scenarios, underscores the volatile situation in the Red Sea and the broader implications for maritime security and international relations. The geopolitical complexities in the region demand careful consideration and diplomatic efforts to prevent further escalation and protect the interests of all nations involved. Red Sea Crisis

Maritime Security and Geopolitical Tensions: A Comprehensive Overview

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

MEGlobal has announced a $10/tonne increase in the Asian Contract Price (ACP) for monoethylene glycol (MEG) for February 2024

The new nominated price stands at $850/tonne, reflecting a rise from the previous month’s ACP, as reported by the company. This adjustment is based on the CFR (cost & freight) Asia basis.

In January 2024, MEGlobal had set the ACP for MEG at $840/tonne, maintaining stability compared to the December ACP, according to information provided by a company source. During that period, the ACP was also determined on a CFR Asia basis.

The decision to raise the February ACP by $10/tonne aligns with market dynamics and may be influenced by factors such as production costs, supply and demand trends, and global economic conditions. MEGlobal’s proactive approach to periodic pricing adjustments reflects its responsiveness to the dynamic nature of the MEG market.

As MEGlobal continues to navigate market fluctuations, stakeholders will monitor how these adjustments impact the broader industry and whether they are indicative of wider trends in the global MEG market.

MEGlobal has announced a $10/tonne increase in the Asian Contract Price (ACP) for monoethylene glycol (MEG) for February 2024

TotalEnergies Corbion, based in Gorinchem, Netherlands, has unveiled the Life Cycle Assessment (LCA) for recycled Luminy® PLA, titled “Life Cycle Assessment of PLA through Advanced Recycling – Utilizing Waste Streams as Feedstock for a Biobased Polyester”

The study reveals that the advanced recycling of PLA significantly reduces environmental impact compared to its production from virgin feedstock.

Specifically, the Global Warming Potential (GWP) of Luminy 30% rPLA, factoring in its biogenic carbon content, stands at 0.19 kgCO2/kg of PLA, whereas virgin Luminy PLA emits 0.51 kgCO2/kg of PLA. Seven impact categories were assessed in the report, including GWP, water consumption, and land use. Luminy recycled PLA, with 20% and 30% recycled content, effectively mitigates impacts across these categories, showcasing environmental benefits over traditional virgin production methods.

The report underscores the significance of considering temporary carbon storage in biobased materials, emphasizing the role of biogenic carbon content in PLA. Recycling PLA extends the storage of biogenic carbon from the atmosphere, contributing to reduced GWP. Notably, the GWP of 30% recycled PLA is reduced by 300 kgCO2/tPLA compared to virgin PLA, marking a substantial stride towards global climate targets.

Maelenn Ravard, Regulatory and Sustainability Manager at TotalEnergies Corbion, emphasizes the energy-efficient depolymerization process via hydrolysis in advanced recycling, closing the loop and enhancing circularity for biobased materials. The LCA results validate the efficiency of this process.

The LCAs evaluate the environmental impact of a product across its defined life scope. TotalEnergies Corbion’s commitment to sustainability aligns with its recent announcement of aligning with the United Nations Global Compact initiative. This collaboration emphasizes the company’s dedication to universal sustainability principles, actively supporting the UN’s Sustainable Development Goals through responsible production practices and collaborative initiatives across its value chain.

For those interested in the comprehensive analysis, the Life Cycle Assessment of PLA through Advanced Recycling can be accessed through the provided link.

TotalEnergies Corbion, based in Gorinchem, Netherlands, has unveiled the Life Cycle Assessment (LCA) for recycled Luminy® PLA, titled "Life Cycle Assessment of PLA through Advanced Recycling - Utilizing Waste Streams as Feedstock for a Biobased Polyester"

In a significant development, ERCA Textile Chemical Solutions (TCS) has officially emerged as an independent entity within the ERCA Group, exclusively dedicated to the textile industry

Fabio Locatelli, CEO of ERCA TCS and an Associate of the ERCA Group, announced the decision, highlighting the company’s commitment to focusing solely on textile solutions while maintaining a robust foundation from ERCA S.p.A.

The strategic move to establish ERCA TCS as a distinct company is driven by the aspiration to prioritize the textile industry, fostering agility in research and production with a steadfast commitment to ethical, social, environmental, and economic responsibility. With an agile organizational structure and an amplified research and development department, ERCA TCS aims to swiftly address customer needs, fostering an engaging dialogue that results in pioneering developments and innovative chemical solutions.

As a pioneering force, ERCA TCS seeks to be the premier global reference for sustainable innovation in the textile sector, contributing to reducing the industry’s environmental impact while upholding performance and competitiveness. Red Sea Crisis

Fabio Locatelli emphasizes the company’s dedication to well-being, responsible resource usage, and the initiation of education and training initiatives, ensuring transparent and professional communication.

ERCA TCS employs “green chemistry” principles in its operations, exemplified by its flagship product, REVECOL®. This innovative chemical auxiliary, derived from critical waste materials like used vegetable oils, demonstrates immediate success in the textile industry. The establishment of ERCA TCS will further propel research and investment, expanding the product range available to the textile industry.

ERCA Group, with six plants across Europe, Latin America, and Asia, embodies responsible innovation in chemical specialties and auxiliaries, covering diverse markets. With a turnover of 150 million euros and a global workforce of 350 employees, ERCA Group is poised to address the challenges and opportunities in the textile industry, positioning ERCA TCS as a catalyst for responsible and high-quality productions.  Red Sea Crisis

Red Sea Crisis

Baltex Plans to Expand Polyamide Fabric Manufacturing in Russia

Baltex, also known as Balashovsky Textile Plant situated in Saratov, Russia, has embarked on a substantial investment project with a total value exceeding 800 million rubles to augment the production of polyamide fabrics. The inaugural phase of this expansive initiative, surpassing 300 million rubles, was successfully executed in 2023. This initial phase involved the installation of cutting-edge equipment, renovation of both production and residential facilities, and endeavors to enhance operational processes.

Citing a robust domestic demand for technological fabrics coupled with state support in the form of preferential financing from the Industrial Development Fund (IDF) of Russia, Baltex foresees commencing the second stage of production modernization in 2024. The projected investment for this stage focuses primarily on main equipment and is estimated to reach 500 million rubles.  Red Sea Crisis

The anticipated outcome of this ambitious investment project is a noteworthy 50% increase in production capacity, fortifying Baltex’s standing in the consumer market, particularly within the Saratov region.

It is noteworthy that the company’s strategic vision aligns with the broader industry trend of expansion and modernization. Recently, the Kotovsky Plant of Nonwovens in the Tambov Region announced plans to double the production of polyester, signalling a collective effort within the Russian textile sector to meet growing market demands.

Financial commitments to Baltex’s project are substantial, amounting to almost 141 million rubles. Notably, 91 million rubles of this sum are sourced from a preferential loan provided by VEB.RF, carrying an interest rate of merely 1% per annum. These funds are earmarked for the acquisition and deployment of state-of-the-art equipment critical to the success of the modernization efforts.  Red Sea Crisis

Baltex, as a comprehensive textile enterprise, boasts a full-cycle operational model, covering the spectrum from material development to the serial production of functional textiles. The company specializes specifically in the manufacturing and supply of high-strength polyamide fabrics, a niche that aligns with the increasing demand for advanced and durable materials in various industries.

More.. 

Red Sea Crisis

Red Sea Crisis Casts a Shadow on Asian Polyester Staple Fiber (PSF) Exports in Early 2024

The recent crisis in the Red Sea and the subsequent changes in shipping routes through the Suez Canal are posing significant challenges on the export of Asian garments and textiles, particularly those made from Polyester Staple Fiber (PSF). This development comes at a time when these nations had anticipated improved prospects for 2024, but the crisis threatens to extend the slowdown in garment and textile exports due to the surge in freight charges, particularly to Europe.  Red Sea Crisis

Shinhan Securities Vietnam reports that Vietnamese firms exporting PSF to Europe and the East Coast of North America are facing disruptions due to the altered Red Sea routes. Vietnamese PSF exporters are expressing concerns about escalating transportation fees as shipping lines divert their routes to ensure safety amidst tensions in the Red Sea. This situation places an additional burden on exporters of PSF who were already grappling with the repercussions of the global economic slowdown in 2023.

Truong Dinh Hoe, the general secretary of the Vietnam Association of Seafood Exporters and Producers (VASEP), notes that transport fees to the West Coast of the US surged by approximately 55-60% in January compared to the previous month. For the East Coast, the increase ranges from 58-73%. Notably, transportation fees to Hamburg, Germany, have skyrocketed to 3-4 times higher, jumping from USD 1200-1300 to USD 4350-4450.

The prevailing tension in the Red Sea area is causing an increase in oil prices, thereby positively affecting the upstream sector, and feedstock linked to oil like Purified Terephthalic Acid (PTA) and Mono-Ethylene Glycol (MEG), which serve as crucial feedstock for PSF.

At the beginning of 2024, there is a slowdown in the rate of growth in the demand for PSF in Asia, specifically in the home textiles sector. Nonetheless, there is an anticipated continuation of replenishment demand across the PSF industrial chain.

Concurrently, the outlook for foreign trade to Europe and the US is cautiously optimistic, marked by sluggish growth in PSF market, weakened economic strength, and an anticipation of reduced prices. Red Sea Crisis

More.. Red Sea Crisis

Newcleo and Naarea partners for fourth generation nuclear power

Newcleo and Naarea, two companies that are working on fourth generation nuclear reactors that can use waste as fuel, have announced a strategic and industrial partnership with the goal of “helping all the stakeholders involved in the fourth nuclear generation in their industrial, technological, scientific and regulatory progress”.

The partnership, according to a statement, is in line with the industrial alliance for Small Modular Reactors, which the European Commission will launch soon. Red Sea Crisis

The two companies, which were the first to win the France 2030 competition for innovative nuclear reactor projects, will collaborate to speed up the development of their technologies: newcleo is working on a mini-reactor with lead cooling and fast neutrons (a 30MWe prototype and a 200MWe commercial unit) and NAAREA is working on a micro-generator with molten salt and fast neutrons (40MWe, 80MWth).

Although they are different technologies, both solutions are fourth generation and can use the spent fuel from conventional reactors, ensuring the full closure of the fuel cycle. Newcleo and Naarea aim to bring their solutions to the market by 2030.

The partnership, the statement adds, “will enable the creation of joint initiatives with the whole French nuclear sector to make the decision-making process easier for the successful completion of the energy transition through a mix that includes sustainable and innovative nuclear energy”.  Red Sea Crisis

Newcleo and Naarea partners for fourth generation nuclear power

Braskem And WEAV3D Automotive Component To Showcase At The 2024 JEC World Trade Show In Paris, France, March 5-7, 2024

Braskem, a leading producer of polyolefins and biopolymers in the Americas, and WEAV3D, a startup specializing in advanced materials and manufacturing, have announced that their novel automotive door component prototype has been chosen as one of the top three finalists in the JEC Composites Innovation Awards 2024, under the Automotive and Road Transportation – Process category. Red Sea Crisis

The prototype uses WEAV3D composite lattice reinforcement with Braskem PP to create lighter and cheaper thermoplastic solutions than traditional organosheet, opening up new possibilities for replacing sheet metal structures with thermoplastics in vehicles.

“We are very proud to be a finalist for the JEC World Innovation Awards and to offer our clients innovative solutions and partnerships based on high-performance polypropylene materials with the WEAV3D lattice technology, which we launched in 2023.

The automotive industry needs to adopt new performance materials and sustainable end-of-life options as it develops new electric vehicle designs.

The WEAV3D technology can be used for both thermoforming and injection molding of parts, depending on the complexity.

By combining Braskem’s PP portfolio with WEAV3D composite lattices, we achieve a ‘win-win’ situation of improved material performance and reduced environmental impact, with the possibility of incorporating natural fibers,” said Amanda Zani, Technology Platform Manager, Braskem. Red Sea Crisis

Advantages of using WEAV3D’s Rebar for Plastics® and Braskem Polypropylene over conventional composite organosheet:

• LIGHTWEIGHT – Cuts sheet blank weight by ~50% and final part weight by ~23%

• COST EFFECTIVE – Lowers costs by ~50%

• EFFICIENT – Boosts sheet yield from 25% to 45% by weight, resulting in a 62% decrease in trim waste “WEAV3D and Braskem are showing the great potential of the WEAV3D lattice material with this automotive door prototype and we are delighted to be selected a finalist by the Innovation Awards jury,” said Chris Oberste, President of WEAV3D.

“With the help of Altair Engineering, we developed a simulation workflow that allowed us to optimize the lattice structure for cost and performance, using the same organosheet tooling and forming process equipment at the Clemson Composites Center at Clemson University.”  Red Sea Crisis

The winners of the JEC Composites Award 2024 will be revealed during an online ceremony on February 8, 2024, from 13:30 to 15:30 CET, at www.jec-world.events. The Braskem-WEAV3D prototype part will also be exhibited in the JEC Innovation Planets section of JEC World, in Paris, France, from March 5-7, 2024.

To learn more about the prototype part, visit WEAV3D’s booth 6P32e in the American Pavilion.

Braskem And WEAV3D Automotive Component To Showcase At The 2024 JEC World Trade Show In Paris, France, March 5-7, 2024

The mLLDPE market saw a sharp increase in spot prices in both Europe and the US in the first half of January 2024

This was due to various factors, such as sellers raising prices, material shortages, geopolitical conflicts, and shipping issues.  Red Sea Crisis

The US market also recovered from the holiday slump, with more trading activity and higher prices.

In Europe, mLLDPE spot prices rose significantly, despite the stable feedstock Ethylene prices. This was because sellers announced price hikes, breaking the previous downward trend.

They also lowered their offers to attract buyers, as the market was weak and demand was low.

However, the situation in the Middle East added more uncertainty to the market. The shipping disruptions in the Red Sea led to higher freight rates, as ships had to take a longer and more costly route through the Cape of Good Hope. Red Sea Crisis

This posed many challenges for exporters, such as longer transit times, higher fuel costs, and possible delays.

In the US, mLLDPE prices also went up during the same period. They bounced back from the low levels in mid-December, as the market regained momentum after the New Year holiday.

Spot resin trading picked up gradually, as more participants returned to the market. Some processors bought resin to secure their operations, resulting in a decent volume of business.

The low inventories held by traders also helped to push up the average prices in the US.

ChemAnalyst predicts that mLLDPE prices will remain high in the near future, due to the supply chain problems and freight rate increases in both regions. Red Sea Crisis

Moreover, the anticipated rise in the costs of Ethylene and Naphtha may also drive up the production costs, leading to higher mLLDPE prices.

The mLLDPE market saw a sharp increase in spot prices in both Europe and the US in the first half of January 2024

The US dollar enjoys a special status as the world’s reserve currency, which gives the US a huge advantage in the global economy

However, this status is not guaranteed, and recent events have challenged the dominance of the dollar. Red Sea Crisis

Many countries that are not aligned with the US are looking for ways to reduce their dependence on the dollar.

This was triggered by the US’s decision to impose harsh sanctions on Russia for invading Ukraine in February 2022.

The sanctions aimed to cut off Russia’s access to the dollar and weaken its currency, the rouble.

US treasury secretary Janet Yellen said this was an “unprecedented action” that would “significantly limit Russia’s ability to use assets to finance its destabilising activities”.

But this also had the effect of pushing Russia and other countries to seek alternatives to the dollar.

One of these alternatives is the Chinese renminbi, which is gaining popularity as a currency for international trade and investment. Red Sea Crisis

Russia is now using the renminbi for a quarter of its foreign trade, and most of its trade with China is done in their own currencies.

China has also made deals with the UAE and Saudi Arabia to use the renminbi instead of the dollar for gas and oil transactions.

These moves are undermining the demand for the dollar, which is reflected in the decline of its share in central banks’ foreign exchange reserves.  Red Sea Crisis

The dollar’s share has fallen from over 70 per cent in the early 2000s to under 60 per cent today, the lowest level in decades.

This is not a temporary dip, but a long-term trend that reflects the changing balance of power in the world economy.

The US is losing ground to emerging economies, especially China, which is now the largest trading partner for more than 120 countries and exports more than US$3.6 trillion (£2.8 billion) worth of goods.

China’s share of the global economy has more than doubled from 8.9 per cent to 18.5 per cent in the last 20 years, while the US’s share has dropped from 20.1 per cent to 15.5 per cent, based on purchasing power parity (which compares the prices of specific goods across countries). Red Sea Crisis

The shift in economic power is also reflected in the rise of the BRICS countries (Brazil, Russia, India, China and South Africa), which have surpassed the G7 countries (US, Canada, UK, Germany, France, Italy, Japan and Germany) in terms of their share of world GDP, based on purchasing power parity.

This means that the dollar is facing more competition from other currencies in the global market.

The US dollar enjoys a special status as the world’s reserve currency, which gives the US a huge advantage in the global economy

Red Sea Crisis

Battery technology – Polyamide 6.6: A Versatile Material in Automotive Applications 18-01-2024

Battery technology – Polyamide 6.6: A Versatile Material in Automotive Applications 18-01-2024

Battery technology

Red Sea Crisis and Auto Production: What’s Really Happening

The Red Sea Crisis, specifically the tensions escalating into assaults on merchant ships by Houthi rebels, is causing production halts across various sectors, and the automotive industry is far from exempt.

This crisis has halted several automobile factories, posing a tangible threat following the 2023 chip crisis. Escalating tensions in the Red Sea, stemming from the Israel-Hamas conflict, directly involve the Red Sea and the Suez Canal, with rebel Houthi attacks on merchant ships (armed group in Yemen supported by Iran).

The global and particularly European automotive sector is significantly affected by this new crisis, as the sea route, usually taken by container ships, has become hardly accessible, if not risky. Battery technology

For incoming goods, especially auto components from China, the current alternative is circumnavigating Africa, impacting both time and costs substantially.

In response to the Red Sea Crisis, Volvo and Tesla have taken a stand among the first automotive brands. They’ve decided to temporarily halt production in their European facilities. The reasons are straightforward, directly linked to significant supply shortages.

Stellantis, aiming to bypass the issue, opted for air transport. However, this may impact costs and prove to be an unsustainable solution over time.

Volvo’s Belgian Gent plant, producing models like the XC40 and C40, will pause production for a few days. Tesla’s leadership also announced a suspension of most production in Berlin. Battery technology

Suzuki is another brand temporarily halting production, in this case, at its Hungarian factory, allowing time to assess the evolving situation.

Rerouting ships and closely monitoring the situation are possible but complex measures that may not be sustainable in the long term.

Origin of the Red Sea Crisis: Houthi militant attacks, in solidarity with Palestinian group Hamas against Israel in Gaza, forced container ships to avoid the strategically crucial Suez Canal. This canal is a vital passage for goods traveling from Asia to Europe.

Red Sea Crisis and Auto Production: What's Really Happening

Covestro and Encina have forged a long-term agreement for the sustainable supply of circular raw materials

Under this collaboration, Encina will provide Covestro with chemically recycled raw materials derived from post-consumer end-of-life plastics, enabling the production of circular MDI, TDI, and polycarbonate, commencing by the close of 2027.

This landmark deal marks a significant step for Covestro, a global leader in high-performance polymers, in its pursuit of circularity. The circular feedstock supplied by Encina, namely benzene and toluene, will play a crucial role in Covestro’s manufacturing processes for MDI and TDI, essential components for producing rigid and flexible polyurethane foams.

These foams find applications in various industries, including household appliances, building insulation, furniture, and automotive seating.

Encina’s cutting-edge catalytic technology ensures the production of circular feedstock with a lower carbon footprint compared to fossil-based alternatives, aligning with Covestro’s commitment to sustainability and reducing Scope 3 emissions. The agreement signifies Covestro’s inaugural major procurement involving chemically recycled, circular-based raw materials, bolstering its journey towards a fully circular economy.

Thorsten Dreier, Chief Technology Officer at Covestro, emphasized the pivotal role of sourcing raw materials from recycled plastics, stating, “This is because such raw materials not only enable the reuse of used plastics but also have a lower carbon footprint, which leads to more sustainable end products.”

Benzene and toluene, supplied by Encina, are vital components not only for MDI and TDI production but also for the synthesis of phenol and acetone, essential raw materials for manufacturing polycarbonate plastics like Makrolon®. These plastics find applications in high-quality products in industries such as automotive, electronics, and IT.

David Roesser, Chief Executive Officer of Encina, expressed pride in collaborating with Covestro and highlighted the potential for a lasting partnership. He stated, “This agreement represents the beginning of what we hope to be a long-standing partnership between our companies as we work to create a truly circular economy and realize a future in which nothing is wasted.”

Covestro’s commitment to achieving full circularity is driven by four key pillars: the utilization of alternative raw materials, innovative recycling, renewable energy, and collaborative solutions. The agreement with Encina exemplifies a groundbreaking milestone in integrating innovative recycling technologies, specifically chemical recycling of end-of-life plastics, into Covestro’s production processes.

Covestro and Encina have forged a long-term agreement for the sustainable supply of circular raw materials

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Polyamide 6.6: A Versatile Material in Automotive Applications

Polyamide 6.6, also known as nylon 6.6, is a versatile and widely used engineering plastic that offers a unique combination of properties that make it ideal for a wide range of automotive applications. From engine components to interior trim, polyamide 6.6 plays a crucial role in modern cars.

Key Properties of Polyamide 6.6

Polyamide 6.6 is characterized by its excellent mechanical strength, toughness, and abrasion resistance.

It also exhibits good chemical resistance, particularly to fuels and lubricants, making it a suitable choice for components exposed to harsh environments. Additionally, polyamide 6.6 is lightweight, making it an effective material for reducing vehicle weight, which contributes to improved fuel efficiency and emissions reduction. Battery technology

Common Automotive Applications of Polyamide 6.6

Polyamide 6.6 finds extensive use in various automotive components, including:

  • Engine components: Polyamide 6.6 is commonly used for engine parts such as gears, bearings, valve covers, and oil pans. Its high strength and wear resistance make it ideal for applications that require durability and resistance to heat and fluids.
  • Interior trim: Polyamide 6.6 is a popular choice for interior trim pieces, including door panels, dashboards, center consoles, and armrests. Its ability to withstand wear and tear, as well as its aesthetic appeal, makes it a suitable material for these applications. Battery technology
  • Cooling systems: Polyamide 6.6 is used in various cooling system components, such as radiator tanks, heater hoses, and thermostat housings. Its resistance to heat and chemicals makes it suitable for these applications, which are exposed to high temperatures and various fluids.
  • Electrical connectors: Polyamide 6.6 is often used for electrical connectors due to its electrical insulation properties and its ability to withstand vibration and impact. It is also flame-retardant, making it a safe choice for these applications.

Benefits of Using Polyamide 6.6 in Automotive Applications

The use of polyamide 6.6 in automotive applications offers several benefits:

  • Reduced weight: Polyamide 6.6 is lightweight compared to metals, such as steel or aluminum, making it an effective material for reducing vehicle weight. This contributes to improved fuel efficiency and emissions reduction.
  • Improved durability: Polyamide 6.6 is a durable material that can withstand the rigors of automotive use, including exposure to heat, chemicals, vibration, and impact.  Battery technology
  • Enhanced safety: Polyamide 6.6 is often flame-retardant and can be formulated to meet specific safety requirements.
  • Cost-effectiveness: Polyamide 6.6 is a relatively inexpensive material, making it a cost-effective choice for many automotive applications.

Conclusion

Polyamide 6.6 is a valuable material in the automotive industry, offering a combination of properties that make it suitable for a wide range of applications. Its strength, durability, and resistance to harsh environments make it an ideal choice for components that need to withstand the rigors of everyday driving. As the automotive industry continues to strive for lighter, more fuel-efficient, and safer vehicles, polyamide 6.6 is expected to play an even more significant role in future automotive designs.  Battery technology

Additional Notes

  • Polyamide 6.6 is often blended with other plastics or reinforcements to enhance specific properties. For instance, glass fiber reinforcement can be added to improve stiffness and strength, while mineral fillers can be used to reduce weight and improve flame retardancy.
  • Polyamide 6.6 is a recyclable material, and many automotive manufacturers are incorporating recycled polyamide into their products to reduce their environmental impact.  Battery technology

Battery technology

The landscape of electric vehicle (EV) batteries is undergoing a transformative shift, driven by continuous advancements in battery technology

Serving as the linchpin for EV functionality, batteries play a pivotal role in determining driving range, charging efficiency, overall cost, and environmental impact. Despite the rising popularity and affordability of EVs, current battery technologies grapple with challenges like low energy density, prolonged charging times, elevated costs, and safety concerns. Consequently, concerted efforts from researchers and industry players are directed towards developing innovative battery solutions capable of surmounting these impediments, facilitating the widespread adoption of EVs.  Battery technology

Among the frontrunners for the next generation of batteries is the solid-state battery, which replaces the liquid electrolyte found in traditional lithium-ion batteries with a solid substance. This substitution presents notable benefits, including heightened energy density, accelerated charging capabilities, extended lifespan, and reduced fire risks. Renowned automakers like Toyota and Mercedes have already articulated plans to integrate solid-state batteries into their EV models by the mid-2020s.

An additional promising battery technology on the horizon is the lithium-sulfur battery, featuring sulfur as the cathode material instead of conventional cobalt or nickel.

Sulfur, being abundant, cost-effective, and environmentally friendly, boasts a higher energy storage capacity per unit mass.  Battery technology

However, challenges such as low conductivity, limited cycle life, and volume expansion have prompted recent breakthroughs, such as the discovery that adding sugar to sulfur enhances its performance and stability. This breakthrough holds potential for the development of more economical and efficient batteries for EVs.

Beyond exploring novel battery chemistries, efforts are underway to enhance battery performance by optimizing cell and pack design and engineering. Strategies involve increasing electrode surface area, reducing internal resistance, improving thermal management, and integrating intelligent sensors and controllers. These innovations promise to elevate battery efficiency, reliability, and safety. Battery technology

The future of automotive batteries is marked by promise and excitement, fueled by emerging technologies and innovations to meet the escalating demand for EVs. However, challenges loom, including concerns about the availability and sustainability of raw materials, the scalability and cost-effectiveness of manufacturing processes, the compatibility and interoperability of charging infrastructure, and the need for regulation and standardization in the battery industry. Realizing the full potential of future batteries will necessitate collaborative efforts from diverse stakeholders, encompassing researchers, manufacturers, policymakers, and consumers.  Battery technology

Battery technology

Global PC and PP Markets Navigate Turbulent Waters Amidst Supply Chain Disruptions

In the aftermath of recent supply chain disruptions due to Red Sea crisis, the global markets for Polypropylene (PP) and Polycarbonate (PC) are on high alert for potential price fluctuations. The suspension of production by automotive giants Tesla and Geely-owned Volvo Car in Europe, attributed to a shortage of components linked to Red Sea shipping attacks, is poised to impact the consumption and pricing of these crucial chemical commodities like PP and PC.  Battery technology

The conflicts in the Red Sea, coupled with shifts in transport routes and disruptions in key canals such as the Suez Canal and the Panama Canal, have set off a ripple effect across the production and transportation of chemical commodities such as PC and PP. The resulting longer transportation times and logistical challenges are contributing to uncertainties in supply chains, further influencing the dynamics of the PC and PP markets.

While global freight rates showed a bullish trend in the past month, a recent slight decrease in freight between China and the U.S. West Coast in the second week of 2024 has been observed.  Battery technology

This dip is attributed to a slowdown in demand for PP and PC manufactured in Asia, prompting ocean carriers to adjust freight rates accordingly. The broader context of supply chain disruptions, compounded by the geopolitical events in the Red Sea, adds a layer of complexity to the pricing dynamics of PC and PP.

The attacks on shipping in the Red Sea have triggered concerns about extended shipping route disruptions, particularly through the Suez Canal. Consequently, the automotive industry’s supply chain has been directly affected, leading to reduced production and a potential oversupply of PP and PC in the market.

This oversupply may exert downward pressure on prices in the European and US regions in the coming weeks.  Battery technology

Vessels traversing the Red Sea have faced attacks over the past several weeks from Yemen-based Houthis, prompting shipping companies to alter routes, resulting in a spike in freight rates. Embarking on longer detours around the Cape of Good Hope in South Africa has pushed ocean freight rates up, diverting container ships carrying over $200 billion worth of goods away from the Red Sea waterway to avoid potential strikes by Houthi militants.

Industry experts are closely monitoring these developments, anticipating potential shifts in market conditions and urging stakeholders to remain adaptable to the evolving situation. The extent of the impact on PC and PP prices will depend on the duration and severity of the supply chain disruptions caused by ongoing geopolitical tensions and their subsequent effects on global trade routes.  Battery technology

Battery technology

The latest report of The Recycling Partnership shows that only 28% of PET bottles are recycled in the US

The Recycling Partnership, a non-governmental organisation committed to building a better recycling system, released a report analysing the state of recycling in the US. One of the key takeaways of the report, titled “State of Recycling: Present and Future of Residential Recycling in the U.S.”, is that every material type of residential recyclables is under-recycled, including PET-bottles.

The data reveals where the gaps are greatest, and where policy, investment, and action will have the largest impact. The report is based on multi-year field measurement studies conducted across the US and The Recycling Partnership’s National Database; it employs an updated methodology for determining recycling rates that tracks materials throughout the system.  Battery technology

We will focus on the recycling rates for PET bottles only. While PET bottles rank among the most effectively recycled plastic packaging, the authors of the report come to the conclusion that still seven out ten PET bottles are not recycled. The reasons for the insufficient recycling rates of PET bottles are manifold.

Recycling Access

Only 73% of all households have access to recycling. The numbers vary depending on the state. In Delaware, 97% of all households have access to recycling containers, whereas in Mississippi only 37% of households are able to conveniently recycle their trash. For those with access, some locations do not collect all packaging types thus limiting the amount of recyclable material collected.  Battery technology

More…

The latest report of The Recycling Partnership shows that only 28% of PET bottles are recycled in the US

MyRemono, an Italian company specializing in innovative PMMA (polymethylmethacrylate) technology, has successfully entered the preparatory phase for small-scale projects under the European Innovation Fund

With 51% ownership by Maire Tecnimont via the NextChem division, MyRemono’s NXRe PMMA technology focuses on chemical recycling through catalytic depolymerization of plastic waste, specifically targeting acrylic (PMMA) and styrenic resins.

The company’s admission to the third call for small-scale projects by the European Innovation Fund was based on rigorous evaluation criteria, including its potential to reduce greenhouse gas emissions, innovation level, project maturity, scalability, and cost efficiency. The grant agreement is anticipated to be finalized in the second quarter of 2024.  Battery technology

MyRemono’s proposed project involves the industrial scale-up of NXRe PMMA technology, intending to construct a demonstration plant with a treatment capacity of approximately 5,000 tonnes per year of polymethylmethacrylate-based waste. Collaborating with Biorenova, the continuous depolymerization process employs thermal energy and a specific catalyst to break polymer bonds, returning plastics to their original monomers. Already operational in a pilot plant in Montorio al Vomano (TE) with a treatment capacity of around 1,600 tonnes, the technology has shown promise.

The European Innovation Fund, a significant supporter of innovative projects in clean technologies, allocated an overall budget of 100 million euros for its third call on small-scale projects, ranging from 2.5 to 7.5 million euros in capital costs. Out of 72 applications, only 17 projects, including MyRemono’s NXRe PMMA technology, were selected for the preparatory phase of the grant agreement.  Battery technology

MyRemono, an Italian company specializing in innovative PMMA (polymethylmethacrylate) technology, has successfully entered the preparatory phase for small-scale projects under the European Innovation Fund

NextChem selected for grant agreement under EU innovation fund

NextChem’s subsidiary dedicated to plastic depolymerisation has been pre-selected for the grant agreement preparation related to the ‘Innovation Fund 3rd call for Small Scale projects’. The Innovation Fund stands among the world’s largest funding programmes for the deployment of innovative clean tech projects.

The selected initiative is related to the industrial scale-up of MyRemono’s NXRe PMMA modular technology through the implementation of a first-of-its-kind plant with a processing capacity of up to approximately 5000 tpy. Battery technology

This solution, jointly developed with Biorenova, is a plastic depolymerisation technology which recovers monomers (building blocks for the plastic value chain) with ultra-high levels of purity from sorted plastic waste, particularly polymethylmethacrylate (PMMA) through a continuous chemical recycling process. The project intends to increase the recycling rate of PMMA waste and scraps within the EU and reduce dependence on fossil raw materials for the production of these intermediates, embracing a fully circular model.

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NextChem selected for grant agreement under EU innovation fund

What happens to biodegradable plastics if they enter the sea? New study

Our new study investigates what happens when biodegradable plastics enter the ocean, and whether these increasingly popular alternatives to conventional plastics are safer for marine ecosystems, or whether they come with their own risks.  Battery technology

When the first full synthetic plastic was invented in 1906 – over 100 years ago – widespread use of the material for consumer products soon arose in the post-war period. Plastic was cheaper to produce than the more expensive paper, glass and metal materials used in throwaway items – such as consumer packaging – and was also stronger, lighter, safer and more durable, and it shifted the way that we use materials forever.

However, the properties of plastic that make it such an attractive material, such as durability and strength, also make it a lasting problem once it reaches the end of its useful life. Some types of plastic can take thousands of years to degrade, and it is estimated that a truckload of plastic enters the ocean every minute.  Battery technology

In response to such concerns, biodegradable plastics – that is, plastics that can break down or ‘biodegrade’ – have been in development since the end of the last century, to achieve similar usage and convenience of traditional plastics, but with the goal of breaking down quickly and harmlessly.

But, as the global production of biodegradable plastics increases – from 1.5 million metric tons in 2023 to almost 5.3 million in 2028 – it is critical that we understand the impacts of these materials on the environment.  Battery technology

More…

What happens to biodegradable plastics if they enter the sea? New study

The Versatile Role of Nylon 6.6 in Automotive Textiles: Driving Innovation on the Road

Introduction

In the dynamic world of automotive engineering, materials play a pivotal role in enhancing performance, durability, and overall efficiency. One such material that has revolutionized the automotive industry is Nylon 6.6. This synthetic polymer, known for its exceptional strength, durability, and versatility, has found numerous applications in various components of modern cars, particularly in textiles. In this article, we’ll explore the diverse applications of Nylon 6.6 in automotive textiles, showcasing how this resilient material is driving innovation on the road.  Battery technology

Nylon 6.6: A Brief Overview

Nylon 6.6, a type of polyamide, is a synthetic thermoplastic material that exhibits remarkable mechanical properties. Its structure is formed through the polymerization of hexamethylene diamine and adipic acid, resulting in a robust and resilient polymer. The exceptional strength, heat resistance, and durability of Nylon 6.6 make it an ideal candidate for automotive applications, especially in textile components.

Automotive Textiles and Nylon 6.6

  1. Seat Fabrics: Nylon 6.6 is widely used in the production of seat fabrics due to its high tensile strength and resistance to wear and tear. Car seats endure constant use, including exposure to sunlight, friction, and spills. Nylon 6.6’s ability to resist abrasion and fading makes it an excellent choice for manufacturing seat covers that maintain their aesthetic appeal and structural integrity over time.
  2. Carpeting and Floor Mats: The interior of a car experiences high foot traffic, necessitating robust and durable materials for carpets and floor mats. Nylon 6.6 is favored for its resistance to stains, moisture, and heavy wear. Its ability to retain color and texture, even in high-traffic areas, contributes to the longevity and visual appeal of automotive interiors. Battery technology
  3. Safety Belts and Airbag Fabrics: In critical safety components like seat belts and airbags, strength and reliability are paramount. Nylon 6.6’s high tensile strength and energy-absorbing properties make it an excellent choice for weaving the fabrics used in safety belts and airbags. These textiles play a crucial role in ensuring the safety of passengers during sudden stops or collisions.
  4. Convertible Tops: For convertible vehicles, the top material needs to withstand exposure to various weather conditions while maintaining flexibility and durability. Nylon 6.6, with its excellent weather resistance and flexibility, is often employed in the production of convertible tops, providing a reliable barrier against rain, sunlight, and other environmental factors.  Battery technology
  5. Engine Compartment Textiles: Beyond the interior, Nylon 6.6 is utilized in various engine compartment textiles, such as cable wraps and protective covers. Its resistance to high temperatures, chemicals, and abrasion makes it suitable for applications where exposure to harsh conditions is common.

Conclusion

Nylon 6.6 has emerged as a driving force in automotive textiles, offering unparalleled strength, durability, and versatility. As the automotive industry continues to evolve, the demand for materials that can meet the rigorous requirements of modern vehicles becomes increasingly vital.  Battery technology

Nylon 6.6, with its impressive set of properties, has proven to be a valuable asset in enhancing the performance, safety, and aesthetics of automobiles. As technology advances, we can expect to see further innovations in automotive textiles, with Nylon 6.6 at the forefront of these developments.

The Versatile Role of Nylon 6.6 in Automotive Textiles: Driving Innovation on the Road

Battery technology

European economy – Oil prices slipped on Tuesday, January 16, as investors balanced the risks of Middle East tensions with a firmer dollar and lower expectations of US rate cuts 17-01-2024

European economy – Oil prices slipped on Tuesday, January 16, as investors balanced the risks of Middle East tensions with a firmer dollar and lower expectations of US rate cuts 17-01-2024

European economy

The United States has re-designated Yemen’s Houthi rebels as specially designated global terrorists, announcing fresh financial sanctions alongside military strikes in an effort to curb the group’s attacks on global shipping

The move by the Biden administration, aimed at countering the Iran-backed Houthis, is part of ongoing measures to address the conflict in Yemen. In addition to military actions, the administration vows to impose financial penalties strategically to minimize adverse impacts on Yemen’s 32 million people, who already face extreme poverty and hunger due to the prolonged conflict between the Houthis and a Saudi-led coalition.

Despite the pledge to mitigate harm, concerns have been raised by aid officials, including Scott Paul, associate director at Oxfam America, who fears the decision will introduce further uncertainty and threats for Yemenis. The country is grappling with one of the world’s largest humanitarian crises. European economy

The sanctions accompanying the terrorist designation are intended to disrupt the financial support networks of violent extremist groups. Notably, this move reverses a decision made during the final days of the Trump administration, where the Houthis were labeled as global terrorists and a foreign terrorist organization. President Joe Biden initially overturned this designation, citing the potential humanitarian consequences.

The United States has re-designated Yemen's Houthi rebels as specially designated global terrorists, announcing fresh financial sanctions alongside military strikes in an effort to curb the group's attacks on global shipping

The UN urges Houthis to stop Red Sea attacks

The United Nations has called on the Houthis of Yemen to comply with the Security Council resolution passed last week, which demands an immediate halt to the assaults on vessels crossing the Red Sea.
The UN spokesperson Stephane Dujarric said the attacks were “very worrying”.
The Houthis, backed by Iran, are fighting a civil war against their own government, which has international recognition since 2014.
They also claimed to have attacked ships heading to the Suez Canal in support of the Gaza Palestinians, during the war sparked by Hamas’s surprise attack on Israel on October 7.
The UN stance on the Houthis The UN resolution denounces the Houthi actions that have affected one of the most important trade routes in the world and raised the cost of shipping. European economy
Dujarric said that the UN Secretary-General Antonio Guterres talked to the Iranian Foreign Minister Hossein Amirabdollahian on Monday about the situation in the Red Sea and Gaza. The UN leader “repeated his appeal for all sides to avoid any more escalation” in Yemen and follow the resolution of last week, and also stressed the need for more humanitarian aid to Gaza and the prompt release of all Israeli captives, the UN spokesperson said.
The UN special envoy for Yemen, Hans Grundberg, who has met with all parties, had a conversation with the senior adviser to Iran’s foreign minister, Ali Asghar Khaji, on Tuesday morning, Dujarric said.
They discussed “the necessity to keep an environment that fosters positive dialogue and continuous joint regional efforts for peace in Yemen”, the UN spokesperson said. Grundberg and others then updated the Security Council in a private meeting. Red Sea in flames Meanwhile, working in the region is becoming more difficult.
Japan’s Nippon Yusen announced that it would follow other big shipping companies in stopping routes through the Red Sea due to the attacks by the Houthi rebels on the ships passing by. European economy
“We have stopped sailing through the Red Sea with all the ships we run”, a Nippon Yusen spokesperson told AFP, adding that the decision was made to “guarantee the safety of the crews”.
US and British forces have hit many targets in Houthi-controlled Yemen since Friday in response to the attacks by the rebels, who say they are aiming at vessels linked to Israel in the Red Sea in solidarity with Gaza.
The main route between Asia and Europe markets usually carries around 12% of the global maritime trade.
Other shipping companies have also decided the same as Nippon Yusen. The Mediterranean Shipping Company (MSC) stopped the passage of its ships from the Red Sea in December.
The French Cma CGM, the Danish Maersk, and the German Hapag-Llyod did the same thing. Meanwhile, the Biden administration has declared that it will put the Yemeni rebels on the list of global terrorist groups.
The US military has carried out a series of strikes in Yemen against anti-ship missiles in a part of the country controlled by the Houthis, in response to the attacks by the rebel group that disturbed shipping in the Red Sea. European economy
The Houthi militia has warned that it will extend its attacks to include US ships in retaliation for the American and British strikes on its locations in Yemen.
The UN urges Houthis to stop Red Sea attacks

Anti-ship missiles displayed at the Houthi armed military parade

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EcoBlue, a prominent recycler specializing in post-consumer and post-industrial polyolefins and PET, situated in Rayong, Thailand, has significantly enhanced its PET recycling capabilities, marking a milestone achievement just a year and a half after initiating operations at its new facility

In a strategic move to bolster its processing capacity, the company recently integrated its second cutting-edge Starlinger viscotec solid-state polycondensation (SSP) machine. This state-of-the-art machinery, commissioned in December 2023, is dedicated to the production of food-grade PET, positioning EcoBlue as a major player in sustainable packaging solutions. Following the successful commissioning, EcoBlue has achieved an annual capacity of an impressive 30,000 tonnes of food-grade recycled PET (rPET).

Pranay Jain, the visionary CEO and Founder of EcoBlue, expressed his enthusiasm about the significant development, stating, “The successful commissioning of the Starlinger viscotec SSP is a testament to our unwavering dedication to the cause of sustainable packaging.  European economy

This investment solidifies our standing as the largest recycler of high-quality resins in Thailand. We are well-positioned to meet the burgeoning demands of environmentally conscious customers globally. Our overarching goal is to promote resource circularity by diverting post-consumer and post-industrial waste away from landfills and channeling it into the recycling stream.”

EcoBlue’s augmented production capacity is a noteworthy achievement, especially considering the backdrop of European PET recyclers scaling back their capacities due to prevailing challenges such as low prices and reduced profitability in the market.

The augmented production volume by EcoBlue is poised to contribute significantly to the manufacturing of beverage bottles.  European economy

Notably, global giants Pepsi and Nestlé made headlines in August 2023 by introducing the first-ever 100% recycled PET bottles in Thailand. This move aligns with the growing global emphasis on sustainable practices and serves as a testament to EcoBlue’s commitment to fulfilling the needs of environmentally responsible customers.

As the demand for recycled PET materials continues to rise, EcoBlue’s expanded capabilities position the company as a key player in meeting this demand.

By actively participating in the circular economy, EcoBlue aims to divert waste away from landfills, thereby fostering a sustainable and responsible approach to resource management.  European economy

This achievement not only reinforces EcoBlue’s commitment to sustainability but also underscores its dedication to pioneering innovations in the field of PET recycling.

European economy

Electric cars and lithium: a global competition

The electric car market is heating up, with China’s BYD surpassing Tesla as the world’s top seller of battery-only vehicles in the last quarter of 2023. BYD, backed by Warren Buffett, is also eyeing the largest lithium reserve in Brazil, a key metal for making batteries.

This could spark a rivalry with Elon Musk, who also wants to secure the Brazilian mine.

The current owner of the reserve is Sigma Lithium, a Canadian company that is struggling financially and may be open to selling.  European economy

Other players, such as Volkswagen and Catl, are also interested in Sigma’s lithium.

China has an advantage in the electric car industry, as it controls the entire supply chain, from raw materials to batteries and microchips.

It is also the third largest producer of lithium in the world, and has a strong presence in South America, the main source of the metal.

In contrast, North America faces challenges, such as higher production costs and protectionist policies.

Prime Minister Justin Trudeau has blocked Chinese investments in Canadian mining companies, citing human rights concerns.  European economy

The electric car and lithium war is not only a clash between the US and China, but also a personal battle between Musk and Buffett.

European economy

Oil prices slipped on Tuesday, January 16, as investors balanced the risks of Middle East tensions with a firmer dollar and lower expectations of US rate cuts

A worsening shipping crisis in the Red Sea and Iranian missile attacks on Syria and Iraq increased the geopolitical uncertainty on oil prices earlier today.

Brent crude futures fell 46 cents, or around 0.59 per cent, to $77.69 a barrel.

The contract had risen more than $1 above its Monday close earlier in the session. US West Texas Intermediate crude dropped 90 cents, or 1.24 percent, from Friday at $71.78 a barrel, as per news agency Reuters.

On the domestic front, on the Multi Commodity Exchange (MCX), crude oil futures for January 19 delivery, traded 0.72 per cent higher at ₹6,051 per bbl, after fluctuating between ₹5,969 and ₹6,109 per bbl during the session, compared to a previous close of ₹6,008 per barrel.

What’s dragging down crude oil prices? -Analysts say that oil prices may face a limit unless output is disrupted.

Oil markets remain vulnerable to tensions in the Middle East, but the main scenario is that there will be no major interruption to supplies, according to OANDA analysts. -Without a clear and tangible effect on oil production, prices will stay within the current $72-$82 range, said Tamas Varga, an analyst at PVM in a note.

Oil prices surrendered to a stronger dollar and weaker stocks on Tuesday, due to reduced hopes that US Fed would begin lowering interest rates by March. -Investors are also looking forward to a speech by Fed Governor Christopher Waller for hints about when the US central bank might start to lower rates.

The European Central Bank’s interest rates are expected to decline this year, but officials have refrained from making definite statements on the timing of such moves. -In the Red Sea, a missile hit a Malta-flagged bulk carrier off Yemen on Tuesday.

NYK, Japan’s biggest shipper by sales, ordered all vessels it operates to avoid the Red Sea, while Sovcomflot, Russia’s top tanker group, is also exploring alternative routes. -Fears of the conflict spilling over the region also rose on Tuesday, as Iran’s targeting of the semi-autonomous Kurdistan region of Iraq sparked a diplomatic row.

Iran also struck Islamic State positions in Syria. Where are prices headed? Crude oil saw some profit-taking before key US economic data and a stronger dollar index.

The market also watched for possible backlash by the Iran-backed Houthi group for recent attacks by US and UK forces.

Worries about a ripple effect in the Israel-Hamas conflict due to air-strikes in Yemen added to the market’s unease.

The Houthi Group declared its plan to widen its targets in the Red Sea, including US ships, after the latest attack, adding to tensions that are supporting oil prices at lower levels, according to analysts.

‘’We expect continued fluctuations in crude oil prices during today’s session.

Crude oil has support at $71.80–71.20, with resistance at $73.05-73.80. In INR, crude oil has support at ₹5,920-5,840 and resistance at ₹6,110-6,190,‘’ said Rahul Kalantri, VP Commodities, Mehta Equities Ltd.

Oil prices slipped on Tuesday, January 16, as investors balanced the risks of Middle East tensions with a firmer dollar and lower expectations of US rate cuts

Germany, the locomotive of the European economy, is now stuck in a recession, marked by a sudden 0.3% drop in Gross Domestic Product (GDP) in 2023

This decline was mainly caused by rising energy costs, high interest rates and a slowdown in foreign demand, which have negatively affected industry, exports and private consumption. Ruth Brand, president of the federal statistics office Destatis, said economic performance in Germany has faltered due to multiple persistent crises in 2023.
Although the upward revision of GDP in the third quarter avoided a technical recession, the situation remains worrying compared to the growth of 1.8% in 2022 and the European average of 0.6%. Household consumption, gross value added in the manufacturing sector and public spending are declining, reflecting the gradual elimination of anti-pandemic measures.  European economy
The negative indicators worry analysts, with projections of zero growth in German GDP in 2024. The Federal Court declared the transfer of funds to the Climate Fund unconstitutional, further worsening the situation. While the Berlin Central Bank urges us not to give in to alarmism, Llbw Bank analysts predict prolonged stagnation, and the German Chamber of Commerce believes another year of recession is possible.
Chancellor Olaf Scholz, already dealing with record unpopularity and many structural challenges, now faces an economic recession, with the risk of further slowdowns due to labor shortages, declining investment and an aging population.  European economy
European economy

Circular Plastics Case Competition aims to increase recycled PET supply

The second edition of the competition prompt participants to explore how to increase the supply of recycled polyethylene (rPET)

The Circular Plastics Case Competition is back for a second round. Organised by non-profit organisation Net Impact in partnership with Hillenbrand Inc and The Coca-Cola Company, the competition encourages emerging business professionals to rethink the plastics value chain by designing innovative solutions that help keep plastics in the economy and out of the environment.  European economy

This year, the case competition will prompt participants to explore how to increase the supply of recycled polyethylene (rPET). The organisers hope the solutions presented will contribute to solving current rPET supply challenges due to low recycling rates, spurred by falling prices and profitability.

The deadline for submissions is March 29. Participating teams must have between two to five members and may include undergraduate students, graduate students, and professionals from around the world. Existing businesses and start-ups who are currently worth or raised more than $100,000 in capital cannot participate.  European economy

Finalist teams will be paired with an expert mentor to refine their final pitch presentation before presenting virtually to a panel of experts at NPE in May. The first-place winner will be awarded $10,000, followed by $2,500 for second place, and $1,000 for third place.

“We initiated this competition to engage the next generation to think creatively and develop solutions that promote a circular plastics economy,” said Kim Ryan, president and CEO of Hillenbrand.

More…

European economy

Towards zero plastic waste in 2050

Plastic consumption is still rising. Versatile compounds! But plastic recycling isn’t well organized. Therefore, the mountain of plastic waste is still growing. The world needs to find a solution to that problem, A subject addressed at Wageningen University. Their goal: no more plastic waste in year 2050.

Towards zero plastic waste  European economy

Global plastics production is still growing, even exponentially; as highlighted by an article on the site of Wageningen University and Research (WUR). But our goal is to arrive at a circular economy. Meaning: recycling all plastic waste. New plastic will then be produced from biobased resources. How do we get there? Researchers from Wageningen delved into that subject.

An appreciable part of plastics that aren’t reprocessed, end up as litter. The amount of litter is still growing. As does the amount of plastics produced. If policy doesn’t change, we will produce twice as many plastics in 2050 than we do now. Growth will primarily take place in Asia and Africa.  European economy

Europe’s role

In its combat against plastic waste, Europe plays an important part. The European Commission issued guidelines intended to curb the use of plastics. The most ambitious one is the Packaging and Packaging Waste Regulation (PPWR). This requires high recycling percentages, high amounts of recyclate in new products and reuse of plastic articles. Moreover, this guideline puts a maximum to the number of plastic bags that a European consumer is allowed to use daily. Some countries, like the Netherlands, have even formulated stricter goals: a fully circular economy. Meaning that almost all paper, plastics and textiles should in due course be processed for reuse. And that the resource should be biobased.  European economy

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Towards zero plastic waste in 2050

The European Union’s recent prohibition on exporting plastic waste within and beyond its borders poses a significant threat to the plastic packaging recycling market, according to warnings from Belgian industry association Valipac

The EU’s decision, part of an agreement on waste shipment regulation reached on November 17, mandates that plastic waste collected in EU nations must be stored and, if no buyers emerge for recycling, ultimately incinerated within Europe. Valipac highlights the risk of market collapse due to the inability to export collected plastic and insufficient recycling capacity within the EU. Belgium alone, with an annual consumption of 100,000 tons of commercial plastic packaging, faces challenges in processing around 24,000 tons currently exported outside the OECD.  European economy

The association stresses the genuine risk of the plastic packaging waste market collapsing due to limited recycling capacity in the EU and insufficient demand for recyclate. Valipac emphasizes the economic factor, stating that manufacturing packaging from virgin plastic remains cheaper than using recyclate, leading to the majority of Europe’s plastic waste being exported for recycling into secondary products. Without addressing this issue, the plastic packaging waste market is at risk of collapse, hindered by a lack of sales outlets in Europe and the ban on exports to non-OECD countries.

In response, the European recycling industry confederation (EuRIC) advocates for binding recycled content targets as the sole solution to stimulate demand for recycled materials, creating markets for circular materials.  European economy

Valipac encourages businesses by offering financial bonuses for using plastic packaging containing a minimum of 30% recyclate. However, EuRIC Secretary General Emmanuel Katrakis emphasizes the need for more recycled content targets across various materials, citing stagnation in the circular material use rate at the EU level. The trade association Plastics Europe echoes these sentiments, emphasizing the importance of a waste management system favoring plastic reuse and recycling, while also addressing challenges posed by the rise in imports of plastics labeled as recycled.  European economy

The European Union's recent prohibition on exporting plastic waste within and beyond its borders poses a significant threat to the plastic packaging recycling market, according to warnings from Belgian industry association Valipac

Startup Resynergi raises $6.4 million to advance plastic recycling technology

Resynergi, a California-based startup with a focus on circularity, has successfully secured $6.4 million (USD$7 million) in series B funding. The funds will be utilized to scale its cutting-edge plastic recycling technology, which efficiently transforms plastic waste into reusable, eco-friendly materials.

Established in 2015, Resynergi employs Continuous Microwave Assisted Pyrolysis (CMAP) technology to convert plastic molecules into building blocks for creating new materials. The company collaborates with recycling organizations to acquire and process challenging-to-recycle plastics, such as high-density polyethylene (HDPE), low-density PE (LDPE), polypropylene (PP), and polystyrene (PS), constituting around 60% of the total plastic types produced.  European economy

Resynergi asserts that its modular CMAP technology outpaces traditional pyrolysis methods by converting plastic waste into reusable materials at a rate 20 times faster. Additionally, it claims to achieve a significant CO2 reduction of up to 68% in the generated products.

The raised capital will be allocated to expanding the production of Resynergi’s CMAP technology and enhancing its executive team to support further growth. Brian Bauer, CEO of Resynergi, expressed the company’s commitment to promoting plastic circularity and safeguarding the environment by diverting plastic from landfills and oceans.

The funding round was co-led by Transitions First, an international industrial deep tech seed-stage venture capital fund, and Lummus Technology, a global provider of process technologies and energy solutions.  European economy

Marianne Abib-Pech, Managing Partner at Transitions First, and Leon de Bruyn, President and CEO of Lummus Technology, will join Resynergi’s board of directors. Abib-Pech emphasized the importance of supporting Resynergi in scaling their recycling process technology to drive innovation and contribute to a more sustainable future, while de Bruyn highlighted the alignment of the investment with their commitment to a circular, low-carbon future and clean energy solutions in the downstream energy industry.

Startup Resynergi raises $6.4 million to advance plastic recycling technology

Supercomputer Leonardo – The Kotovsky Plant of Nonwovens, located in the Tambov Region, is set to embark on an ambitious expansion strategy aimed at doubling its polyester production by 2025 16-01-2024

European econom

Supercomputer Leonardo – The Kotovsky Plant of Nonwovens, located in the Tambov Region, is set to embark on an ambitious expansion strategy aimed at doubling its polyester production by 2025 16-01-2024

Supercomputer Leonardo

Holzmann’s warning sinks Chinese stocks to 7-year low

Asian markets plunged on Tuesday 16 January, following the downward trend in Europe on Monday amid growing economic worries (with Germany’s GDP shrinking by 0.3% in 2023) and the likelihood of prolonged higher interest rates. By 7.30 am Italian time, the Nikkei was down 0.8%, giving up its highest level since 1990, the Hang Seng dropped over 2% and Shanghai slipped 0.15%.

The Shanghai 50 Index hit a 7-year low today at 2225.00 points. It has lost 1% in the last 4 weeks and 21.16% in the last 12 months. The yuan also fell to above 7.19 per dollar, its lowest point in the last month, affected by deflationary forces in China. The euro declined 0.3% to 1.0919, while the ten-year US T bond traded at 3.999% and Nasdaq futures were down 0.6%. Supercomputer Leonardo

Chinese stocks face pressure Investors remain cautious due to economic and political uncertainties. The PBoC kept its one-year medium-term lending rate at 2.5% on Monday, disappointing markets that were looking for more monetary policy easing. Meanwhile, IMF chief Kristalina Georgieva said at the World Economic Forum on Monday that China needs structural reforms to prevent “a fairly significant decline in the growth rate.” Investors are now waiting for Chinese GDP data that will be released this week for more clues. Holzmann: Markets should not expect rate cuts in 2024 In a TV interview with Bloomberg, German ECB Governing Council member Joachim Nagel joined a group of economists who are open to cutting interest rates this summer, indicating that the eurozone’s economic outlook is improving.  Supercomputer Leonardo

But Robert Holzmann, Nagel’s Austrian colleague, cautioned that persistent inflation risks will stop the central bank from lowering rates this year. In the US, markets are expecting cuts of at least six quarter points this year, leading BlackRock Vice Chairman Philipp Hildebrand to warn that such expectations could be excessive once inflation turns out to be more complicated than expected. US quarterly reports in focus US stock futures fell on Tuesday as investors look for more data this week to measure the state of the US economy. Markets will pay close attention to December retail sales on Wednesday, which are expected to show a slight slowdown in consumer spending last month. More banking quarterly reports are due this week, including from Goldman Sachs, Morgan Stanley and Charles Schwab.  Supercomputer Leonardo

The main US indexes ended mixed on Monday, with the Dow losing 0.31%, while the S&P 500 and Nasdaq Composite rose 0.08% and 0.02% respectively as investors evaluated the previous series of corporate earnings reports.

Holzmann’s warning sinks Chinese stocks to 7-year low

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

China has urged an end to attacks on civilian vessels in the Red Sea due to concerns about the widening Hamas-Israel conflict, which poses a threat to China’s commercial interests along the Suez Canal

The Iran-backed Houthi militia from Yemen, known for its anti-Israel stance, is challenging China’s ability to safeguard its strategic investments in Egypt. Since President Abdel-Fattah el-Sisi assumed power in 2014, China has increased investments in Egypt’s Suez Canal, a crucial route for its west-bound goods.

Beijing has encouraged state-owned companies to invest billions in Egypt’s logistics, transport, and energy sectors. Chinese and Hong Kong firms pledged over $20 billion for various projects along the Suez Canal before the recent attacks. Commercial shipping disruptions in the region could impact Chinese investors committed to the canal’s development.

Notable investments include state-owned shipping giant COSCO’s $1 billion investment in Egypt’s port infrastructure and CK Hutchison Holdings’ plan to invest $700 million in new container terminals. China’s broader commercial interests in Egypt involve investments in iron and steel plants, ammonia and hydrogen projects, and potassium chloride production.

The situation also challenges President Xi Jinping’s Belt and Road Initiative (BRI), of which Egypt, Yemen, and Iran are members. China faces the dilemma of balancing non-interference principles with addressing issues that undermine the BRI’s purpose. Beijing is under pressure to play a constructive role in global hotspot issues, particularly in light of its involvement in the Saudi Arabia-Iran detente.

Beyond financial stakes, China’s reputation is on the line, especially after its involvement in the regional detente in 2023. The U.S. has urged China to use its influence over Iran to prevent the conflict between Hamas and Israel from escalating. China, while practicing non-interference, aims to enhance its international influence through restrained diplomacy. Chinese vessels in the Red Sea are reportedly taking precautions, signaling their nationality to avoid attacks. China has expressed support for a larger Israeli-Palestinian peace conference and a two-state solution, emphasizing its desire to shape events through diplomacy.

China has urged an end to attacks on civilian vessels in the Red Sea due to concerns about the widening Hamas-Israel conflict, which poses a threat to China's commercial interests along the Suez Canal

The Kotovsky Plant of Nonwovens, located in the Tambov Region, is set to embark on an ambitious expansion strategy aimed at doubling its polyester production by 2025

This initiative involves a significant investment of approximately 141 million rubles, with a preferential loan of 91 million rubles secured from VEB.RF at a nominal interest rate of 1% per annum. The allocated funds will be utilized for acquiring and deploying essential equipment, crucial for augmenting polyester production from 26 million to an impressive 50 million linear meters annually.  Supercomputer Leonardo

Motivating this expansion is a focused endeavor to address the shortage of polyester in the domestic market, exacerbated by sanctions imposed by unfriendly nations, resulting in reduced supply of polyester-containing goods like clothing, bed linen, furniture, and soft toys. Recognizing the escalating demand for such products among domestic manufacturers, the Kotovsky Plant of Nonwovens aims to bridge this gap by significantly enhancing its production capacity. The successful execution of this project is anticipated to play a pivotal role in meeting the surging demand for polyester-based products within the country.

Beyond immediate market concerns, the project aligns with the broader goal of import substitution, crucial in the current geopolitical landscape. The increase in polyester production is seen as a strategic move to reduce dependence on external sources, contributing to import substitution—an imperative for the Russian economy. Guided by entrepreneur Andrey Letuchev, the Kotovsky Plant emphasizes the strategic significance of initiatives like these in fostering economic growth and sustainability. Supercomputer Leonardo

Regional head Maxim Egorov highlights the importance of new investment projects as drivers of regional economic growth. Effective support measures, coupled with the initiative and responsibility of entrepreneurs and investors, are identified as key factors in making such expansions feasible. This collaborative effort reflects a commitment to bolstering the regional economy and supporting the overall development of the Russian economy.

This expansion plan aligns with a broader regional trend, exemplified by the Neotex nonwovens plant in the Tula region. With a substantial loan of 704.7 million rubles from the Industrial Development Fund, Neotex aims to establish a production complex for polypropylene nonwovens, projecting an annual capacity of 12.2 thousand tons. This concurrent initiative underscores the industry’s commitment to diversification and the development of various nonwoven materials.  Supercomputer Leonardo

As of the end of 2022, the Kotovsky Plant of Nonwovens reported robust financial performance, boasting a revenue of 4.4 billion rubles and a net profit of 160.4 million rubles.

Supercomputer Leonardo

Global MEG Market Struggles, Weighs on Supply Constraints and Reduced Demand

The global Mono-Ethylene Glycol (MEG) market is currently facing challenges due to high production costs and low profits, creating a tough environment for suppliers. January usually sees increased demand, especially in the antifreeze sector. However, weak macroeconomic conditions and the ongoing shipping crisis are causing uncertainty in buying activities, affecting the MEG market. Supercomputer Leonardo

The Suez Canal, a critical waterway for global trade, is under threat from Houthi rebels in Yemen. The rebels have launched attacks on shipping vessels in the Red Sea, causing disruptions and delays for cargo and oil shipments. This situation has also increased security risks and costs for the maritime industry. The attacks on vessels have led to serious concerns about the stability of the Suez Canal, which is crucial for the transportation of goods between United States and Asia.

The turmoil in the Red Sea has had a cascading effect on global crude oil prices, exerting pressure on downstream commodities like MEG. This has prompted MEG manufacturing firms to take measures to balance supply and demand, with some operating at reduced rates, ranging from 60%-70%. Supercomputer Leonardo

The bottleneck in the Red Sea, which started in mid-December, has continued to worsen, and is affecting spot freight rates for container shipping. The heightened tension in the region has led to significant increases in MEG spot rates, especially for routes from US to Asia that rely on the Red Sea as a transit route. Surprisingly, even routes unaffected by the crisis have witnessed surges in freight rates.

As a consequence of these developments, the impact of the shipping crisis is reverberating through global trade, affecting Chinese MEG imports from the US. Ocean freight rates have doubled or even tripled on a spot basis since the crisis began in mid-December.

This surge in freight costs adds an additional layer of challenge for trade between the two nations, influencing the cost dynamics of imported goods and potentially impacting supply chains and pricing strategies for businesses involved in the Chinese-US trade route.

On the demand side, there are fewer inquiries for MEG from downstream industries like Polyethylene Terephthalate (PET) Bottle, due to weakened consumption in end-user packaging and the plastic industry during the off-season. Supercomputer Leonardo

Overall, the shipping crisis is affecting the MEG market dynamics, from increased costs to disruptions in supply chains and decreased demand from downstream industries.

More…

Supercomputer Leonardo

Supercomputer Leonardo: What It Is, How It Works, and Its Purpose

Ranked sixth in the world’s list of the most powerful supercomputers, the renowned TOP500, updated in June and November each year, features an Italian system. Meet the supercomputer Leonardo, inaugurated on November 24, 2022, and physically located at the Bologna Technopole. Managed by CINECA, an Italian interuniversity non-profit consortium with 69 Italian universities, 2 Ministries, and 27 National public institutions as members, Leonardo propels Italy into the exascale-class computing for research and technological innovation.  Supercomputer Leonardo

Leonardo employs a versatile system architecture to serve scientific communities and meet industrial clients’ R&D needs. Its capabilities extend to maximizing applications based on artificial intelligence, utilizing parallelized GPUs, dedicated Tensor cores, and an I/O-focused system architecture.

A supercomputer is a high-performance computing system used for complex problem-solving and intensive calculations. They operate at billions of operations per second, powered by thousands of processors maximizing parallelism.

Leonardo utilizes both x86 and ARM architectures, relying on Xeon Platinum 8358 processors, NVIDIA A100 SXM4 64 GB GPUs, and Infiniband Quad-rail NVIDIA HDR100 interconnection. Its computing modules, Booster and Data Centric, enhance computational capacity and expand application possibilities.  Supercomputer Leonardo

As of January 2024, Leonardo is at full capacity, reflecting the growing demand for supercomputing, particularly in AI training. CINECA looks towards the future, with the European Commission and the Italian Government providing additional funding for Leonardo’s evolution, introducing its successor, Lisa, by June 2024. Leonardo’s journey continues, contributing significantly to various fields and laying the groundwork for post-exascale computing between 2026 and 2028.

Supercomputer Leonardo

Leonardo supercomputer: what it is, how it works and what it is used for

100 Metric Tons of PET Recyclate Per Day

Herbold Meckesheim supplies fifth PET washing line to Türkiye – Doğa will produce rPET flakes for bottle-to-bottle applications

The first truck has left the yard. Another 20 will follow. They will deliver the newest washing line from Herbold Meckesheim to Kırklareli, Türkiye, almost 2,100 kilometers away. There, in the European part of Türkiye, the latest recycling plant of the Meckesheim-based special machinery manufacturer is being built for the company Doğa. After commissioning, the washing line is expected to produce a daily output of 100 metric tons of PET recyclate. Doğa, a company hitherto active in the construction industry, intends to sell the recycled PET flakes for bottle-to-bottle applications. Supercomputer Leonardo

“As the Doğa Group, we are proud to add the recycling sector to our activities of fields such as real estate, construction, mining and textiles,” explains Ömer Ayvacı, Chairman of the Board of the Doğa Group. “In today’s world, where the concepts of environmentally friendly production are becoming increasingly important, we aim to start rPET flakes production with completely environmentally friendly solutions with our state-of-the-art machinery park as of the beginning of next year.”

Ömer Ayvacı emphasizes: “We are confident that we will meet the needs of the sector with Herbold Meckesheim, a company that has mechanical recycling technology accepted all over the world. With the technical information, support and know-how provided by Herbold Meckesheim, we know that we will realize the highest quality rPET flakes production in the most efficient way.”  Supercomputer Leonardo

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100 Metric Tons of PET Recyclate Per Day

HeiQ to showcase its bio-based textile technologies 

In Switzerland, HeiQ said its bio-based textile technologies HeiQ Skin Care, HeiQ Allergen Tech, HeiQ Cool, and HeiQ Mint are going to be showcased at the Heimtextil show in Frankfurt in January.

HeiQ presents a complete set of tailored textile technologies designed to enhance the quality of a comfortable night’s rest through sustainable and bio-based solutions, the firm said.  Supercomputer Leonardo

Mike Abbott, Head of HeiQ Textiles & Flooring business unit, said: “HeiQ has developed a way to turn textile technologies into sleep-enhancing elements through its innovative approach to biobased ingredients, incorporating their benefits into bedding and home textile items..”

The flagship products are the 100% biobased cosmetic technology HeiQ Skin Care, the plant-based deodorizer HeiQ Mint , the dual action cooling solution HeiQ Cool, and HeiQ Allergen Tech that reduces exposure to inanimate allergens through active probiotics, HeiQ said.

HeiQ to showcase its bio-based textile technologies 

Marelli Launches Lightweight, Sustainable Headlights at CES 2024

The automobile lights feature up to 20% fewer components, a 20% reduction in weight, and a 6 kg reduction in CO2 emissions.  Supercomputer Leonardo

Mobility technology supplier to the automotive sector Marelli selected CES 2024 in Las Vegas to launch its LeanLight headlight and rear light concepts. Compared with traditional automotive lighting, the products feature up to 20% fewer components, a 20% reduction in weight, and a 6 kg reduction in CO2 emissions.

Systems based on Marelli’s Lean platforms are primarily pre-developed, leaving room for automakers to customize certain features. This module-based platform approach targets entry-level vehicles, brands, and trim levels, and is designed to appeal to budget-oriented consumers and fleet buyers.  Supercomputer Leonardo

The introduction of a new injection molding process for the LeanLight contributes to lighter weight and reduced energy consumption, while a newly developed surface treatment solution eliminates the need for a chemical coating, further contributing to sustainability benefits.

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Marelli Launches Lightweight, Sustainable Headlights at CES 2024

Heimtextil Ends With An Increase In Exhibitors, A Plus In Visitors And Sets New Standards For A Sustainable And AI-Driven Textile Industry

New contacts with decision-makers, global business opportunities and worldwide streams of visitors: Heimtextil 2024 ended with 46,000 visitors[1] from around 130 nations and 2,838 exhibitors from 60 nations with 25 per cent growth. With a plus in visitors, the show overcame difficult travel conditions due to nationwide rail strikes and regional demonstrations. Supercomputer Leonardo

The response from international buyers to the quality and variety of the new Carpets & Rugs product segment was overwhelming. In numerous talks, tours and workshops, Heimtextil as well focused on two of the most important key topics of the coming decades: sustainable production and action as well as artificial intelligence. At the leading trade fair for home and contract textiles, transformations could be experienced more intensively than ever before.  Supercomputer Leonardo

With intercontinental strength, Heimtextil 2024 laid the foundation for a record year for Messe Frankfurt. 46,000 buyers from around 130 nations took the opportunity to participate in the global textile market – from upholstery and decorative fabrics, bed and bathroom textiles, mattresses, functional textiles and carpets to wallpapers, outdoor fabrics, artificial leather, curtains, fibres, yarns, sleeping systems and decorative cushions.

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Heimtextil Ends With An Increase In Exhibitors, A Plus In Visitors And Sets New Standards For A Sustainable And AI-Driven Textile Industry

Naphtha rPET – Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries 15-01-2024

Supercomputer Leonardo

Naphtha rPET – Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries 15-01-2024

Naphtha rPET

Naphtha rPET

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Naphtha rPET

Naphtha rPET

Polyestertime
ITEM 08/01/2024 15/01/2023 +/-
Bottle grade PET chips domestic market 6,900 yuan/ton 6,870 yuan/ton -30
Bottle grade PET chips export market 890 $/ton 890 $/ton
Filament grade Semidull chips domestic market 6,760 yuan/ton 6,730 yuan/ton -30
Filament grade Bright chips domestic market 6,760 yuan/ton 6,730 yuan/ton -30
Pure Terephthalic Acid PTA domestic market 5,780 yuan/ton 5,730 yuan/ton -50
Pure Terephthalic Acid PTA export market 730 $/ton 715 $/ton  

-15

 

Monoethyleneglycol MEG domestic market 4,555 yuan/ton 4,540 yuan/ton -15
Monoethyleneglycol MEG export market 535 $/ton 532 $/ton -3
Paraxylene PX FOB  Taiwan market

Naphtha rPET

1,016 $/ton 1,017 $/ton
+1
Paraxylene PX FOB  Korea market 994 $/ton 995 $/ton +1
Paraxylene PX FOB EU market 1,070 $/7on 1,050 $/ton -20
Polyester filament POY 150D/48F domestic market 7,580  yuan/ton 7,450 yuan/ton
-130
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,600 yuan/ton
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 8,850 yuan/ton -50
Polyester filament FDY 68D24F

Naphtha rPET

8,950 yuan/ton 8,900 yuan/ton -50
Polyester filament FDY 150D/96F domestic market 8,230 yuan/ton 8,175 yuan/ton -55
Polyester staple fiber 1.4D 38mm domestic market 7,280 yuan/ton 7,280 yuan/ton
Caprolactam CPL domestic market 13,800 yuan/ton 13,600 yuan/ton
-200
Caprolactam CPL overseas  market 1,630 $/ton 1,630 $/ton
Nylon 6 chips overseas  market 1,880 $/ton 1,880 $/ton
Nylon 6 chips conventional spinning domestic  market 14,425 yuan/ton 14,300 yuan/ton -125
Nylon 6 chips  high speed spinning domestic  market

Naphtha rPET

15,050 yuan/ton 14,900 yuan/ton -150
Nylon 6.6 chips domestic  market 19,500 yuan/ton 19,700 yuan/ton +200
Nylon6 Filament POY 86D/24F domestic  market 17,100 yuan/ton 17,000 yuan/ton -100
Nylon6 Filament DTY 70D/24F domestic  market 19,250 yuan/ton 19,200 yuan/ton- -50
Nylon6 Filament FDY  70D/24F  17,850 yuan/ton 17,900 yuan/ton +50
Spandex 20D  domestic  market

Naphtha rPET

34,500 yuan/ton 34,500 yuan/ton
Spandex 30D  domestic  market 33,000 yuan/ton 33,000 yuan/ton
Spandex 40D  domestic  market  30,000 yuan/ton 30,000 yuan/ton
Adipic Acid domestic market 9,550 yuan/ton 9,700 yuan/ton +150
Benzene domestic market

Naphtha rPET

7,410 yuan/ton 7,560 yuan/ton +150
Benzene overseas  market 897 $/ton 939 $/ton +42
Ethylene South East market 850 $/ton 870 $/ton +20
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

Naphtha rPET

9,700 yuan/ton 9,500 yuan/ton -200
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,650 yuan/ton 12,700 yuan/ton +50
PP Powder domestic market

Naphtha rPET

7,150 yuan/ton 7,150 yuan/ton
Naphtha overseas market  639 $/ton 662 $/ton +23
Phenol domestic market 7,227 yuan/ton 7,220 yuan/ton -7

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

Naphtha rPET

Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries

The technology of solid-state batteries may not be essential for future electric vehicles, as developments in lithium-ion batteries are surprisingly improving their energy density. Markus Schäfer, Chief Technology Officer of Mercedes, emphasized that these improvements were unexpected, putting lithium-ion batteries in direct competition with solid-state batteries in terms of cost and energy density.

Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries. The technology of solid-state batteries has long been considered the next big innovation for battery electric vehicles, praised for its supposed higher energy density and lower costs. However, according to Schäfer, he does not see them having “a significant cost advantage or an energy advantage,” as many efforts have been devoted to improving conventional cells, making them significantly more efficient.

Mercedes’ executive acknowledged a safety advantage in solid-state battery technology but indicated that significant developments are also expected in lithium-ion battery technology. In this competition, the two technologies are advancing in a “head-to-head race,” and Schäfer stated that he does not yet know the winner. Currently, solid-state technology no longer seems to be the “big breakthrough” and faces a “long, long development time.” Schäfer also confirmed that Mercedes has invested in startups working on this technology in the United States and Korea, and continues to closely monitor developments in this sector.

However, Schäfer noted that the “very optimistic predictions from some time ago” about the potential launch of solid-state battery technology remind him of predictions for autonomous driving. This refers to the fact that autonomous driving has experienced delays, and the industry has subsequently revised projections regarding its adoption. Therefore, we will see what innovations Mercedes brings to this matter.

Mercedes: Solid-State Batteries "May Not Be Necessary" Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries

Suez Canal attacks – All maritime navigation in danger on Suez Canal for Houthi attacks 15-01-2024

Suez Canal attacks

All maritime navigation in danger on Suez Canal for Houthi attacks

The Suez Canal, one of the world’s most important waterways for global trade, is facing a serious threat from the Houthi rebels in Yemen, who have launched a series of attacks on shipping vessels in the Red Sea. The attacks have caused major disruptions and delays for cargo and oil shipments, as well as increased security risks and costs for the maritime industry.

What are the Houthi attacks?

The Houthi rebels are an Iran-aligned group that have been fighting a civil war against the internationally recognized government of Yemen since 2014. They control most of the western coast of Yemen, including the port of Hodeidah, which gives them access to the Red Sea and the Bab al-Mandab Strait, a narrow chokepoint that connects the Red Sea to the Gulf of Aden and the Indian Ocean.  Suez Canal attacks

The Houthis have claimed responsibility for several attacks on ships in the Red Sea, using drones, missiles, and mines. They have said they are targeting ships linked to Israel or bound for Israeli ports, in solidarity with Hamas in its conflict with Israel in Gaza. However, many of the attacked ships have had no connection to Israel, and some have been carrying humanitarian aid or civilian passengers.

The Houthis have also seized a Japanese-operated vehicle carrier, the Galaxy Leader, on 19 November 2023, along with its 25 crew members. Suez Canal attacks

The ship is reportedly linked to an Israeli businessman, and the Houthis have demanded a ransom for its release.

How have the attacks affected the Suez Canal?

The Suez Canal is a vital artery for East-West trade, especially for oil and gas, as it allows ships to avoid the long and costly detour around Africa. About 19,000 ships pass through the canal every year, carrying about 12% of global trade by volume and 10% of global oil supply.

The Houthi attacks have created a security dilemma for the shipping companies and their customers, who have to weigh the risks and benefits of using the canal. Some have decided to divert their ships around the Cape of Good Hope, adding about 6,000 nautical miles and three or four weeks to their journey times.  Suez Canal attacks

Others have continued to use the canal, but with increased insurance premiums, security measures, and vigilance.

According to the shipping company Kuehne and Nagel, more than 100 container ships have already changed course to avoid the canal, with more expected to follow. The company said the diversion could reduce the global fleet capacity by 20%, leading to potential delays and shortages of goods and equipment. The disruption has also contributed to higher oil prices, which could affect consumer energy bills and inflation.

What is being done to stop the attacks?

The international community has condemned the Houthi attacks and called for an immediate end to the violence. The UN Security Council adopted a resolution on 10 January 2024, demanding the Houthis to release the Galaxy Leader and its crew, and to stop attacking ships in the Red Sea.  Suez Canal attacks

The resolution also noted the right of UN member states to defend their vessels from attack, in accordance with international law.

The US has taken the lead in forming a naval coalition, called Operation Prosperity Guardian, to protect the shipping in the Suez Canal and the Gulf of Aden from the Houthi attacks. The coalition includes the UK, France, Germany, Japan, Saudi Arabia, and other countries. The coalition’s warships have intercepted and destroyed several Houthi drones and missiles, and have provided escort and surveillance for the commercial ships.

The US Secretary of State, Antony Blinken, said the coalition was ready to take further action if the attacks continued, and warned the Houthis that they were “playing with fire”. He also urged them to return to the peace talks with the Yemeni government, which have been stalled since 2019.  Suez Canal attacks

The Houthi rebels, however, have shown no sign of backing down, and have vowed to continue their attacks until Israel stops its aggression in Gaza. They have also accused the coalition of supporting the Saudi-led military intervention in Yemen, which has caused a humanitarian crisis and killed tens of thousands of civilians.

The situation in the Red Sea remains tense and volatile, as the Houthi attacks pose a serious challenge to the stability and security of the region and the world. The Suez Canal, which has been a symbol of global connectivity and cooperation for over a century, is now at the center of a complex and dangerous conflict.

Suez Canal attacks

Polyester BCF-yarns – NEVEON has successfully finalized the sale of its OEM automotive business to the Trèves Group of France 15-01-2024

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Suez Canal attacks

Polyester BCF-yarns – All maritime navigation in danger on Suez Canal for Houthi attacks 15-01-2024

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Naphtha rPET – Mercedes: Solid-State Batteries “May Not Be Necessary” Solid-state batteries? For Mercedes, they might no longer be necessary given the progress of lithium-ion batteries 

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All maritime navigation in danger on Suez Canal for Houthi attacks

The Suez Canal, one of the world’s most important waterways for global trade, is facing a serious threat from the Houthi rebels in Yemen, who have launched a series of attacks on shipping vessels in the Red Sea. The attacks have caused major disruptions and delays for cargo and oil shipments, as well as increased security risks and costs for the maritime industry.

What are the Houthi attacks?

The Houthi rebels are an Iran-aligned group that have been fighting a civil war against the internationally recognized government of Yemen since 2014. They control most of the western coast of Yemen, including the port of Hodeidah, which gives them access to the Red Sea and the Bab al-Mandab Strait, a narrow chokepoint that connects the Red Sea to the Gulf of Aden and the Indian Ocean.  Polyester BCF-yarnsSuez Canal attacks

The Houthis have claimed responsibility for several attacks on ships in the Red Sea, using drones, missiles, and mines. They have said they are targeting ships linked to Israel or bound for Israeli ports, in solidarity with Hamas in its conflict with Israel in Gaza. However, many of the attacked ships have had no connection to Israel, and some have been carrying humanitarian aid or civilian passengers.

The Houthis have also seized a Japanese-operated vehicle carrier, the Galaxy Leader, on 19 November 2023, along with its 25 crew members. Suez Canal attacks

The ship is reportedly linked to an Israeli businessman, and the Houthis have demanded a ransom for its release. Polyester BCF-yarns

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B.I.G. Yarns, A New European Producer Of PET BCF Yarns For Automotive Carpet

To expand its support for high-end and luxurious automotive interiors, B.I.G. Yarns has completed its first industrial production runs of virgin polyester BCF yarns for automotive carpet to complement its line of polyamide PA6 superior yarns.

There is a growing market in PET for automotive interior applications, with polyester allowing automotive OEMs and Tier 1 to develop products that, from the outset, consider eco-design by building MONO-polymer carpets and flooring that are 100% recyclable at End of Life (EOL ). Polyester BCF-yarns

These materials are helping to ensure improved and more sustainable EOL recycling of electric vehicles that are driving the future of the car industry.

The new PET BCF Yarns offer high-performance for automotive carpets, including abrasion and stain resistance, and durability, passing all stringent automotive tests including the Taber test for abrasion performance, compressibility and recovery ability test, light fastness in automotive (DIN EN ISO 105-B06) and VOC (fogging) according the VDA 278 test on VOC and FOG emission. The yarns can be color solution dyed, have a dTex between 1300 – 1500, 81 filaments and are ideally for mats with a composition of 400 to 800 gram per m², while the yarns for molded carpets have a dTex of 1200, 144 filaments for 380 gram per m².  Polyester BCF-yarns

“As the industry continues its transition towards circularity, making the right material choice is crucial from the outset to ensure the best possible eco-design and recyclability. Our newcomer, PET BCF yarns, brings virgin material to automotive carpets, creating a new systemic approach towards MONO-polymer-based automotive applications,” said Glenn Hyzak, Global Sales Director Yarns.

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Stellantis Ventures, the venture capital fund of Stellantis N.V., has announced its strategic investment in Tiamat, a French company specializing in sodium-ion battery technology

Sodium-ion batteries are anticipated to bring about cost reductions, increased sustainability, improved low-temperature performance, and faster charging capacity compared to current lithium-ion battery technology.

This investment aligns with Stellantis’ commitment to providing clean, safe, and affordable mobility as part of its Dare Forward 2030 strategic plan. The Dare Forward 2030 plan focuses on achieving net-zero carbon emissions by 2038 and emphasizes electric propulsion as a key pillar.  Polyester BCF-yarns

The sodium-ion battery technology developed by Tiamat is highlighted for its lower cost per kilowatt-hour and the absence of lithium and cobalt. The abundance of sodium as a raw material is seen as a strategic advantage, offering greater sustainability and reducing dependence on scarce resources.

Ned Curic, Chief Engineering and Technology Officer of Stellantis, emphasized the importance of finding sustainable and affordable battery options as part of their strategic plan. The goal is to meet customer expectations for zero-emission vehicles that provide autonomy, performance, and convenience.  Polyester BCF-yarns

As part of the Dare Forward 2030 plan, Stellantis aims to transition to electric propulsion, targeting 100% of Battery Electric Vehicle (BEV) passenger car sales in Europe and 50% in the United States for both BEV passenger cars and light commercial vehicles by 2030. To achieve this, Stellantis is securing approximately 400 GWh of battery capacity and investing in various alternative energy storage technologies.

Tiamat, a spin-off of the French National Center for Scientific Research (CNRS), plans to use the investment to construct a sodium-ion battery plant in France. Initially, the batteries will be used for electrical appliances and stationary storage applications, with plans to expand production for second-generation products specific to Battery Electric Vehicles (BEV) in the future.  Polyester BCF-yarns

The investment in Tiamat is part of Stellantis’ broader strategy to support innovation in battery technologies and move towards a zero-carbon emission future.

Polyester BCF-yarns

NEVEON has successfully finalized the sale of its OEM automotive business to the Trèves Group of France, following the receipt of antitrust approval on December 31, 2023

The economic transition of the divested entities, which include Greiner Perfoam GmbH in Enns and Linz (Austria), Greiner Perfoam s.r.o. in Tabor and Valašské Meziříči (Czechia), Greiner Perfoam Automotive Components, S. de R.L. de C.V. in Mexico, and the joint ventures Shen-yang Greiner Automotive Components Co., Ltd. and Tianjin Greiner Automotive Components in China, is now complete.  Polyester BCF-yarns

This strategic move signifies NEVEON’s exit from the OEM automotive sector, allowing the company to concentrate on its vertically integrated foam core business in Living & Care (mattresses, upholstered furniture, and healthcare applications) and Mobility & Specialties (including Aviation, Railway, and various specialized foam applications such as boiler insulations, technical foams, and composite foams).

Simultaneously, Henning Frings, aged 35, assumes the role of Executive Vice President for the Mobility & Specialties business unit. He replaces Martin Etzlstorfer, who remains in his position as Managing Director of Perfoam within the Trèves Group. Jürgen Kleinrath, NEVEON’s CEO, expresses confidence in Frings, recognizing his exceptional management skills and welcoming his appointment from within the company.  Polyester BCF-yarns

Frings, who holds an MBA from the University of St. Gallen, brings a wealth of experience from his tenure at international companies such as Amcor Flexibles, Jindal Films, and Edelmann Group. Having joined NEVEON in 2020 as Director of Corporate Development and later becoming the General Manager for Aviation & Railway in 2022, Frings expresses eagerness to contribute to NEVEON’s success in his new role, overseeing areas like Aviation, Railway, Turnkey Solutions, and Base Materials.

Polymer Process, a prominent authority in the field of polymer technology, has recently unveiled an extensive examination elucidating the revolutionary impact and diverse applications of superabsorbent polymers (SAPs)

This groundbreaking analysis provides in-depth insights into the distinctive properties and chemical composition of SAPs, spotlighting their exceptional capacity to absorb and retain substantial amounts of water.  Polyester BCF-yarns

Key Observations from Polymer Process’s Study

Unprecedented Water Absorption and Retention: SAPs exhibit the remarkable capability to absorb and retain significant quantities of water, distinguishing them across various industries.

Diverse Types with Distinctive Characteristics: The study accentuates various types of superabsorbent polymers, each tailored with unique features catering to specific applications.  Polyester BCF-yarns

Chemical Composition: Predominantly composed of polyacrylate compounds, SAPs contribute to their elevated absorbency and operational efficiency.

Porous Architecture for Liquid Absorption: The review elucidates how the porous structure of SAPs plays a pivotal role in facilitating effective liquid absorption.

Versatile Applications: Superabsorbent polymers find diverse applications in agriculture, personal care, industrial processes, and waste management, showcasing their adaptability across sectors.  Polyester BCF-yarns

Revolutionizing Industries through Advanced Polymer Technology

Polymer Process’s comprehensive review underscores the transformative impact of superabsorbent polymers on contemporary technology and industry. In agriculture, SAPs play a crucial role in water conservation and enhancing crop yields. Within personal care products like diapers and adult incontinence items, SAPs contribute to heightened comfort and absorbency.

In industrial settings, SAPs facilitate fluid control and spill management, while in waste management, they aid in containing and processing liquid waste. The review accentuates the potential of SAPs to revolutionize these sectors through innovative applications and sustainable practices, positioning them as key players in the advancement of modern industries.  Polyester BCF-yarns

Polymer Process, a prominent authority in the field of polymer technology, has recently unveiled an extensive examination elucidating the revolutionary impact and diverse applications of superabsorbent polymers (SAPs)

Prime Minister Edi Rama has elucidated that the textile industry’s crisis cannot be solely attributed to the appreciation of the Lek and the depreciation of the Euro in the currency exchange

He stressed that viewing the predicament through the lens of currency fluctuations is fundamentally flawed. Rama dismissed the notion that the crisis arose solely due to the strengthened Lek and the resultant shift in the Euro’s dynamics, asserting that relying on labor as a competitive advantage is an antiquated strategy.  Polyester BCF-yarns

In urging a paradigm shift, the government leader emphasized that fashion companies must alter their approach, cautioning against expecting governmental intervention in the form of “serums.” Rama emphatically declared that no magical remedy exists, and taxing measures cannot artificially prolong the life of an unsustainable entity. He characterized the industry’s plight as a form of clinical death but underscored that solutions exist for entrepreneurs willing to adapt and change the game.

The Prime Minister emphasized the need for resilience and adaptation, citing examples within the industry where successful transformations have occurred. He highlighted that these changes are not merely theoretical discussions but tangible instances where actors within the textile sector have embraced adaptation, becoming competitive entities in the contemporary market.  Polyester BCF-yarns

Prime Minister Edi Rama has elucidated that the textile industry's crisis cannot be solely attributed to the appreciation of the Lek and the depreciation of the Euro in the currency exchange

Technology allows for fibers to be separated and re-used

Recycling used by still-usable clothing is a great thing – but when textiles are torn, hopelessly dirty or worn, they have to be thrown out. Many types of clothing today can’t be recycled because natural fibers like cotton or wool are mixed with synthetic ones, and they have to be burned or buried.  Polyester BCF-yarns

When you go running in the woods in your running tights, elastane — also known as spandex or Lycra, a synthetic fiber that is exceptionally stretchable – is often used in combination with other fibers. That is why athletic wear fits you so comfortably; is adopts to your body.

But when these synthetic fibers are mixed with cotton, wool, nylon or others, as is the case in many clothes today, the clothes become almost impossible to recycle. It is extremely difficult to separate out the different ones.

This may change, says Assistant Prof. Steffan Kvist Kristensen from the Interdisciplinary Nanoscience Center at Denmark’s Aarhus University.  Polyester BCF-yarns

Together with a number of colleagues, he is behind a new technology that can separate out fibers in mixed fabrics. They just published their findings in the journal Green Chemistry under the title “Selective chemical disassembly of elastane fibers and polyurethane coatings in textiles.”

“We’ve developed a method to remove elastane completely from nylon. We’re not quite there yet with cotton, because some of the cotton fibers are broken down in the process, but we believe that, with some minor adjustments, we can solve this problem,” he declared. “In other words, we can disassemble the fabric so that we can recycle far more textiles in the future.”  Polyester BCF-yarns

Is it easy to separate fibers?

It is not easy to separate elastane and other fibers once they’ve been woven together. Clothing is made by winding the main fibers such as nylon or cotton around the elastane fibers, which consist of long chains of molecules. The fibers break apart only if we break the long chains of molecules, Kristensen, explained.

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Technology allows for fibers to be separated and re-used

Gasification-of-tires – Lummus Technology has announced a significant investment in Resynergi, a trailblazer in plastic recycling technology 13-01-2024

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Gasification-of-tires – Lummus Technology has announced a significant investment in Resynergi, a trailblazer in plastic recycling technology 13-01-2024

Gasification-of-tires

Lummus Technology has announced a significant investment in Resynergi, a trailblazer in plastic recycling technology

This strategic move aims to amplify the production of Resynergi’s groundbreaking Continuous Microwave Assisted Pyrolysis (CMAP) technology, as reported by Hydrocarbonprocessing.

CMAP sets itself apart by converting plastic waste into reusable materials at a rate 20 times faster than conventional pyrolysis methods. To further strengthen this collaboration, Leon de Bruyn, President and Chief Executive Officer of Lummus, will assume a position on Resynergi’s board of directors.  Gasification-of-tires

According to Leon de Bruyn, “Lummus is not only injecting funds into Resynergi; we are forging a partnership with genuine innovators to create and expand sustainable solutions that drive progress in the circular economy. By combining our extensive global licensing expertise with Resynergi’s proven CMAP technology, we aim to expedite the transformation of plastic waste into high-quality, reusable materials.”

He expressed anticipation about working closely with Resynergi’s team and board of directors to contribute to reducing the carbon footprint of traditional plastics production, meeting the rising demand for recycled plastics. Brian Bauer, Chief Executive Officer of Resynergi, emphasized the positive impact of Lummus’ investment and global licensing expertise, envisioning a collaborative effort to diminish reliance on fossil fuels by addressing plastic waste and advancing plastic circularity.

Given the projected 70% growth in plastic waste by 2050, Resynergi’s modular CMAP technology is well-positioned to scale waste conversion, generating favorable social and environmental outcomes.  Gasification-of-tires

Gasification-of-tires

As the world’s largest licensor of polyolefin technologies, LyondellBasell recently announced a significant licensing agreement with China Coal Shaanxi Yulin Energy & Chemical Co., Ltd. (China Coal Shaanxi)

The Chinese company has chosen LyondellBasell’s cutting-edge technologies—Spherizone, Hostalen Advanced Cascade Process (Hostalen ACP), and Lupotech T—for their upcoming chemical complex in Yulin City, Shaanxi Province, P.R. China.

Under this agreement, LyondellBasell’s Spherizone technology will be employed in a 300 KTA polypropylene plant, while the Hostalen ACP high-density polyethylene plant will have a capacity of 300 KTA. Additionally, a 250 KTA Lupotech T vinyl acetate copolymer plant will be part of the new facility. The selection of these advanced technologies reflects China Coal Shaanxi’s commitment to achieving ambitious growth targets in both production expansion and delivering differentiated resins to the polyolefin market in China and beyond.  Gasification-of-tires

Patrik Schneider, Director of Licensing at LyondellBasell, emphasized the significance of licensing superior and distinctive technology in a highly competitive landscape. Mr. Zhou Yongtao, Vice General Manager and Chief Project Director of China Coal Shaanxi, expressed the value of obtaining a license and related know-how, citing the acceleration of learning and reduction of complexity. He highlighted the importance of the Spherizone process’s differentiated polypropylene grades and the durable infrastructure resins from Hostalen ACP and Lupotech T for their portfolio development.

The Spherizone process, with its multi-zone circulating reactor (MZCR), allows for the production of polypropylene products with novel architecture and enhanced properties. The Hostalen ACP process technology is known for manufacturing high-performance, multi-modal HDPE resins, while the Lupotech T process is preferred for LDPE/EVA production due to its high conversion rates and energy efficiency.

LyondellBasell’s portfolio also includes Spheripol, Avant, and other polyolefin process and catalyst technologies. New licensees can opt to join the LyondellBasell Technical Service Program, benefiting from continuous production improvement, sustainable product development, and catalyst expertise.  Gasification-of-tires

As the world's largest licensor of polyolefin technologies, LyondellBasell recently announced a significant licensing agreement with China Coal Shaanxi Yulin Energy & Chemical Co., Ltd. (China Coal Shaanxi)

American Lithium has tripled the estimated value of its Falchani lithium project, revealing a new valuation of $5.11 billion

This significant increase surpasses the previous forecast and highlights the project’s growing potential. In addition to lithium carbonate, the project may yield potential byproducts such as potash sulfate and cesium sulfate, elevating the after-tax value to an impressive $5.58 billion.  Gasification-of-tires

The remarkable surge in net present value, coupled with a low initial capital expenditure and robust economics outlined in the updated preliminary economic assessment for Falchani, marks the successful outcomes of extensive work programs and flow sheet optimization conducted over the past few years. CEO Simon Clarke expressed this achievement in a statement, attributing it to the culmination of effective efforts at the site.

Situated in southern Peru near the border with Bolivia, the Falchani project holds a unique position as the sole lithium project in the country. It strategically lies between major lithium producers like Chile, Argentina, and Bolivia. Currently, the project awaits government approval for an early environmental permit study, underscoring its significance in the regional lithium landscape. Gasification-of-tires

American Lithium has tripled the estimated value of its Falchani lithium project, revealing a new valuation of $5.11 billion

European Market Witnesses Sustained Low Demand for MEG

The European monoethylene glycol (MEG) market finds itself entangled in a web of persistent challenges that stretch across the entire supply chain, presenting formidable obstacles for suppliers. The ongoing predicament is exacerbated by the confluence of high production costs and meager profits, creating a complex and demanding environment for those operating within the industry.  Gasification-of-tires

Traditionally, January heralds an uptick in demand, primarily fuelled by restocking activities in the antifreeze sector. However, the prevailing weak macroeconomic conditions cast a shadow of uncertainty over the trajectory of buying activities. This uncertainty, notably, extends its grip to the sales of polyethylene terephthalate (PET), thereby compounding the intricacies of the market landscape.

The packaging sector, a critical component of the MEG market, undergoes a transformative shift in dynamics, anticipating a reduction in packaging recycling needs. This shift is driven by the impact of reduced disposable income amid the ongoing cost-of-living crisis. A notable change in consumer buying habits further adds to the evolving narrative, characterized by a discernible trend toward “conscious purchases.” Consumers increasingly opt for bulk purchases of non-perishable essentials, driven by a desire for better deals and, consequently, necessitating less packaging. Meanwhile, the European Union’s (EU) food and beverage production, which includes contributions from the UK, is poised to witness growth of 1.3% in 2024. Gasification-of-tires

The negotiation landscape for MEG contract prices during the fourth quarter of 2023 posed substantial challenges. Reaching a compromise between sellers and consumers proved to be a time-consuming endeavor, exacerbated by varying expectations regarding discounts, volumes, and pricing mechanisms. Contract prices, reflective of these challenging negotiations, have experienced a notable decline, witnessing a drop of approximately 11% since the beginning of January 2023.

European Market Witnesses Sustained Low Demand for MEG

New paper-based packaging solution from SEE® can reduce plastic usage

SEE® has introduced a groundbreaking paper-based bottom web, the CRYOVAC® brand Barrier Formable Paper, as an innovative solution to address the growing need to reduce plastic consumption in packaging. Comprising 90% FSC® certified fibers, this new packaging material offers an impressive 77% reduction in plastic usage in bottom web packaging when replacing traditional PET/PE webs.  Gasification-of-tires

Aldo Galbusera, Senior Marketing Manager, Europe at SEE®, emphasized the industry’s shift towards sustainable packaging to meet circularity goals and consumer preferences for paper-based options. The Barrier Formable Paper is designed for compatibility with Vacuum Skin Packaging (VSP) and Modified Atmosphere Packaging (MAP) top webs, catering to various packaging needs for fresh and processed meats, fish, seafood, cheese, and alternative proteins.

This innovative solution delivers on the renowned CRYOVAC® brand’s commitment to superior barrier protection, ensuring prolonged freshness, extended shelf life, and reduced environmental impact through minimized spoilage and waste. Aldo at SEE® highlighted the packaging’s appeal to sustainability-conscious consumers, featuring leak-proof seals for improved presentation and maintaining product quality.  Gasification-of-tires

The CRYOVAC® brand Barrier Formable Paper is available in white and kraft colors, compatible with CRYOVAC® brand Darfresh® vacuum skin films, and designed for easy integration with rollstock, thermoforming, and VSP equipment. Boasting a composition of 90% renewable fibers and 10% plastic, this bottom web can be recycled with paper, aligning with environmental responsibility standards such as Aticelca® 501 UNI 11743. The product’s attributes, including ease of opening and enhanced product aesthetics, aim to meet consumer demands for both sustainability and convenience.

Gasification-of-tires

City of Youngstown, Ohio, Adopts Moratorium on Pyrolysis and Gasification of Tires, Plastic, and Electronic Waste

Threats to Environmental Justice and Human Health Should Prevent Construction of SOBE Pyrolysis Facility

The city of Youngstown, Ohio, has adopted a one-year moratorium on pyrolysis or gasification or combustion of tires, chipped tires, plastics, and electronic waste in the city of Youngstown, Ohio. The city council voted unanimously on December 20, 2023; Mayor Jamael Tito Brown signed the bill on December 26, 2023; and it went into effect immediately on December 26, 2023.  Gasification-of-tires

The new local law establishes a moratorium on the construction and operation of any facility that converts — or attempts to convert — plastics, tire derived chips, tire chips, and/or electronic waste into fuel or feedstock through various conversion processes, including pyrolysis or gasification, for one year. The local law declared an emergency measure for the immediate preservation of the public peace, welfare, and safety.

“The moratorium on waste pyrolysis and gasification passed unanimously by the Youngstown City Council sends a strong message, echoing the concerns of Youngstown residents who are opposed to the proposed SOBE project.

The safety and environmental risks of waste pyrolysis are particularly troubling, and the facility’s proposed location adjacent to our downtown and vulnerable neighborhoods is not in alignment with our city’s comprehensive plan,” said Tom Hetrick, president of Youngstown City CouncilGasification-of-tires

“The 12-month moratorium gives the council the necessary time to evaluate safety concerns, analyze zoning issues, gather additional public input, prioritize environmental justice, and fully exercise the City of Youngstown’s local control over land-use decisions within city limits in order to protect the health, safety, and well-being of our residents.”

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New Technology Enables Recycling of Used Clothes

When you go running in the woods in your running tights, elastane is the reason they fit you so comfortably. Elastane is an elastic material that allows the fabric to stretch and adapt to your body.

But when elastane fibres are mixed with cotton, wool, nylon or other fibres, as is the case in many clothes today, the clothes become almost impossible to recycle. It is extremely difficult to separate out the different fibres, and therefore the materials in the clothes cannot be recycled.  Gasification-of-tires

For this reason, clothes and other textiles are among the materials that we are the worst at recycling. Only about six per cent of clothes thrown away by Danish households are recycledIn comparison, 32 per cent of all plastic packaging is recycled in Denmark.

But this may change, says Assistant Professor Steffan Kvist Kristensen from the Interdisciplinary Nanoscience Center at Aarhus University. Together with a number of colleagues, he is behind a new technology that can separate out fibres in mixed fabrics.

“We’ve developed a method to remove elastane completely from nylon. We’re not quite there yet with cotton, because some of the cotton fibres are broken down in the process.

More…

Gasification-of-tires

Gasification-of-tires

Nuclear Battery – Escalating Sea Freight Causes Polyethylene Terephthalate (PET) Import Prices to Boom in the USA 12-01-2024

Nuclear Battery – Escalating Sea Freight Causes Polyethylene Terephthalate (PET) Import Prices to Boom in the USA 12-01-2024

Nuclear Battery

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Nuclear Battery: Atomic Energy Becomes Reality for Civilian Applications

Research activities focused on the development of next-generation batteries aim to achieve multiple ambitious goals. The efforts of manufacturers, academics, and scientists are concentrated on various key areas: increasing energy efficiency, reducing size and weight while enhancing capacity, extending charge life, and ensuring safety. Additionally, there is a focus on sustainable batteries, using environmentally less harmful and recyclable materials. A significant milestone in this direction has recently been achieved by Microsoft and PNNL, leveraging artificial intelligence and HPC, as explained in the article.

Some research is also exploring so-called nuclear batteries, devices that convert nuclear energy into electrical energy through spontaneous nuclear reactions, specifically beta decay. These batteries have found applications in various fields, such as space missions, providing constant energy for extended periods without the need for replacement or recharging.  Nuclear Battery

While nuclear batteries are not a new concept, Betavolt, a Chinese company, has announced the development of an ultracompact nuclear battery named BB100 for civilian use. About the size of a coin at 15 x 15 x 5 mm, this battery can supply 100 microwatts of power for 50 years without any recharging operations. The modular design allows connecting multiple batteries for increased power.

Betavolt’s technology combines the use of the nickel-63 isotope and diamond-structured silicon. The radioactive decay of nickel-63 generates electricity, while fourth-generation diamond-structured silicon enhances the overall efficiency and performance of the nuclear battery. This technological choice enables miniaturization while keeping production costs low.  Nuclear Battery

According to Betavolt, the new battery is already in production for the pilot phase and will soon be produced on a large scale and launched into the market.

Unlike chemical batteries like lithium-ion, nuclear batteries are physical batteries with significantly higher energy density. One gram of this battery can store 3,300 Wh of energy. Moreover, nuclear batteries do not have the tendency to catch fire or explode, and their self-generating nature over a 50-year timeframe makes them unlimited in charge cycles, unlike chemical batteries.  Nuclear Battery

Betavolt plans to release a 1W battery in 2025, and pending regulatory approval, nuclear batteries could power consumer electronic devices without the need for recharging. These power sources offer stable power that remains consistent in challenging environments with variable loads, operating in a temperature range from -60 to 120 °C without any performance variation and no self-discharge phenomena. The company has also disclosed ongoing tests with other isotopes to further extend battery life.

Nuclear Battery

Why “Made in China” Will Be the New “Made in Germany”

The label “Made in Germany” emerged in the UK in the late 19th century to designate products considered inferior to those made in the United Kingdom. Today, “Made in Germany” has a completely different connotation, and soon “Made in China” is likely to follow a similar trajectory. Once synonymous with low-cost mass production, “Made in China” seems destined to take on a new meaning as the Asian powerhouse, after rapid industrialization, increasingly positions itself as an innovator and leader in various strategically important sectors, including cutting-edge technology. Nuclear Battery

In summary:

  • As the Chinese economy matures, it is increasingly geared towards excelling in sectors crucial for global development in the coming decades. We believe that “Made in China” will become synonymous with leadership in terms of quality and innovation.
  • China aims to establish itself as a technological superpower in opposition to the United States, a dynamic that will favor Chinese companies supported by policies, gaining positions along the value chain.
  • Electric vehicles, renewable energy, information technology, and healthcare are among the key areas to closely monitor.  Nuclear Battery

Despite the challenges, positive aspects persist in the Chinese economy. While the overall GDP growth target for 2023 set by Beijing at 5% is modest compared to recent Chinese standards, exceptional growth is evident in certain sectors. For instance, China recently surpassed Japan as the world’s top exporter of automobiles, mainly due to its leadership in the electric vehicle market. Despite the slower-than-expected recovery from the effects of zero-Covid policies, there are positive signs in the Chinese economy.

The focus is shifting towards areas where China is demonstrating leadership in innovation and the development of flagship products for the global market. These areas represent the future of China as the government and regulatory authorities work to support the new direction of the domestic economy, exemplified by the “China Standards 2035” project aiming to play a central role in defining global technical standards for next-generation technology.  Nuclear Battery

In education, China has awarded more STEM (science, technology, engineering, mathematics) doctorates than the United States since the mid-2000s. By 2025, it is likely to surpass the U.S. in annual doctorates. These efforts reflect the country’s determination to transition from a low-cost labor source to a model and leader of innovation in various fields crucial for global growth and prosperity.

Key Sectors: Green Technologies Chinese companies compete with Western counterparts in green technology, including electric vehicles and renewable energy. China dominates the global production (64%) and sales (59%) of electric vehicles powered by new energies in 2022. Its influence extends throughout the automotive supply chain, particularly in battery production.  Nuclear Battery

Hardware, Software, and AI China continues to make strides in the hardware sector, evident in the significant increase of “unicorn” companies in technology hardware and semiconductors. Geopolitical tensions are driving China towards self-sufficiency in software, with Chinese companies gaining market share in recent years. The Chinese expenditure on software, currently only 2% of the U.S. expenditure per employee, indicates significant growth potential.

Healthcare China’s healthcare sector is expected to experience notable growth due to increasing innovation. Chinese biotechnology companies are licensing patents to both emerging countries and established global giants, highlighting the rising quality of local products and China’s power in this sector.  Nuclear Battery

This overview of sectors where China is excelling provides a glimpse of the new meaning and perception of “Made in China.” Like Germany, Japan, and South Korea in the past, China will soon be associated not with low-cost products but with quality and technological leadership. The transformation of China into a modern, innovation-driven economy will likely reshape the global landscape differently from previous economic shifts, creating two opposing technological superpowers with distinct ecosystems. Navigating this new and evolving landscape should be a priority for investors.  Nuclear Battery

Why "Made in China" Will Be the New "Made in Germany": AllianzGI's Analysis

Escalating Sea Freight Causes Polyethylene Terephthalate (PET) Import Prices to Boom in the USA

The import price for Polyethylene Terephthalate (PET) in the United States has been undergoing substantial price hikes, with market participants attributing the surge to disruptions in global ocean freight. The current price for PET Resin Bottle Grade rose by 1.6%, with prices hovering at USD 1235/MT DDP Los Angeles, as per the ChemAnalyst database.  Nuclear Battery

During this week, the prices of PET have surged sharply due to disruptions and delays caused by events such as rebel attacks on vessels in the Red Sea. These incidents, coupled with disturbances in traffic through the Suez Canal, have prompted companies to alter their shipping routes, opting to circumvent the Suez Canal and Red Sea by diverting cargoes around the Cape of Good Hope. Unfortunately, this alternative route has resulted in considerable delays and a reduction in the availability of shipping containers.

At the same time, the European market for PET and Purified Terephthalic Acid (PTA) has been also grappling with shortages due to diverted shipments and multiple outages. Simultaneously, the Asian polyester market is feeling the negative effects of the Suez Canal and Red Sea diversions, with rising freight rates hindering buying activities. However, in Europe the price for PET was quoted steady. This was due to the muted purchasing activity from downstream packaging industries.  Nuclear Battery

Adding to the complexity, the Panama Canal is also facing issues due to low water levels resulting from a local drought. The Panama Canal Authority (PCA) has been limiting vessel passages since early November. However, the PCA said on January 16 that more vessels would be permitted to transit the waterway every day due to recent improvements in rainfall and lake levels.

On the other side, the United States, which depends significantly on PET imports, has been especially exposed to these logistical problems. Nuclear Battery

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Nuclear Battery

Microsoft, in collaboration with the Pacific Northwest National Laboratory (PNNL), has made a groundbreaking discovery—an innovative material enabling the production of batteries with up to 70% less lithium compared to traditional batteries

Lithium, a crucial element in most batteries, poses environmental and social challenges due to its limited and costly extraction requiring significant water and energy, potentially harming ecosystems and local communities. Lithium recycling is complex, expensive, and generates substantial waste and pollution. Microsoft’s new material could address these issues.  Nuclear Battery

The use of artificial intelligence (AI) played a pivotal role in finding the new material. Leveraging the power of AI and high-performance computing, Microsoft and PNNL utilized the Azure Quantum Elements platform to analyze millions of possible materials and predict their properties and performance.

In just 80 hours, this AI-driven approach identified 18 promising materials, a remarkable achievement compared to the decades often required by traditional material discovery methods.  Nuclear Battery

One of the platform-selected materials was successfully synthesized and tested by PNNL, showing promising results as it powered a light bulb, demonstrating functionality. The material is undergoing further evaluation to assess its stability and effectiveness.

Nathan Baker, Microsoft’s Senior Director of Partnerships for Chemistry and Materials, expressed Microsoft’s commitment to making these innovations accessible to customers through the Azure Quantum Elements platform.

Nuclear Battery

Altana AG, based in Wesel, Germany, has entered into a definitive agreement to acquire the Silberline Group, a prominent U.S.-based company specializing in the development and manufacturing of effect pigments

These pigments find applications in diverse industries, including automotive coatings, printing inks, plastics, protective coatings, and consumer goods packaging.

Martin Babilas, CEO of ALTANA AG, emphasized the strategic significance of this acquisition in advancing their goal of sustainable value-creating growth through targeted expansions. The move is set to strategically enhance ALTANA’s ECKART division, fortifying its presence in North America and Asia.  Nuclear Battery

Dr. Christian Przybyla, President of ECKART, highlighted the complementary nature of Silberline and ECKART’s local research and production capacities, anticipating improved flexibility in addressing regional customer needs and heightened service quality.

Gary Karnish, CEO of Silberline, expressed optimism about the acquisition, foreseeing the collaboration with ECKART as a catalyst for intensified development of sustainable product innovations, benefiting both customers and employees.

Founded in 1945 and headquartered in Tamaqua, Pennsylvania, Silberline employs over 450 people globally and achieved sales of around 80 million U.S. dollars in 2022. The completion of the acquisition is contingent on customary closing conditions, with the purchase price remaining undisclosed. Silberline was exclusively advised by Grace Matthews throughout the transaction. Nuclear Battery

Altana AG, based in Wesel, Germany, has entered into a definitive agreement to acquire the Silberline Group, a prominent U.S.-based company specializing in the development and manufacturing of effect pigments

Dimension-Polyant Launches New Tactical Pack Fabrics Made Stronger With Tyra Technology®

Responding to increased demand among tactical operators, first responders and shooting sports enthusiasts for  higher quality, performance materials to safeguard their valuable tactical equipment in transit and in the field, Dimension-Polyant, the global leader in sailcloth production and manufacturer of X-Pac® lightweight, durable and waterproof laminates developed for packs and bags, is set to present its new X-Pac® Tactical Fabrics made with Tyra Technology® to esteemed brands in the tactical and shooting sports industry at the Supplier Showcase in booth 51441, January 22-23, 2024 during SHOT Show week in Las Vegas.  Nuclear Battery

Tyra Technology® by Dimension-Polyant is the pinnacle of spread filament fiber efficiency, delivering exceptionally lightweight, incredibly strong laminates. Tyra Technology® expertly aligns and orients each filament, maximizing their contribution to load carrying, tear resistance, and puncture toughness. The result cuts out excess weight and increases performance, boosting tear and tensile strength over conventional materials. Whether it’s for high-performance sails, rugged outdoor equipment, or demanding tactical uses, Tyra Technology® redefines the benchmarks for weight, strength, and durability.

Born from X-Pac®’s legacy on the world’s most challenging peaks and longest trails, X-Pac® Tactical Fabrics are lightweight, durable, and waterproof – the ideal choice for professional operators.  At the forefront of innovation, these fabrics offer peak performance in the harshest environments.  Nuclear Battery

Leveraging a proprietary lamination technology, X-Pac® Tactical Fabrics combine trusted face fabrics and innovative fiber reinforcement; specifically designed for the demanding missions. This unique construction enhances the equipment’s functionality and longevity.

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Dimension-Polyant Launches New Tactical Pack Fabrics Made Stronger With Tyra Technology®

TekniPlex Healthcare to debut PET blister film at Pharmapack 

TekniPlex Healthcare has partnered with petrochemical leader Alpek Polyester to introduce the “world’s first” pharmaceutical-grade polyethylene terephthalate (PET) blister film containing recycled content.

Suitable for a wide array of primary packaging applications, 30% of the PET blister film is manufactured using post-consumer recycled (PCR) monomers. When combined with TekniPlex’s polyester lidding, Teknilid Push, the film plus lidding blister system is also fully recyclable in the polyester recycling stream where recycling infrastructure exists. TekniPlex Healthcare will debut the promising new solution at Pharmapack Paris, Stands C48 & C49, 24-25th January. Nuclear Battery

To create the next-generation film, post-consumer plastic waste undergoes a depolymerisation process via chemical recycling, which reduces it back to monomers. After repolymerisation to PET, the result is a recycled resin that is essentially virgin material. Notably, such monomer-level deconstruction and repolymerisation is impossible to achieve via traditional mechanical recycling methods. The end product from Alpek’s polymer reactor is a sheet in master reel made according to the melt-to-sheet process.

The benchmark-setting new blister film meets all pharmaceutical requirements for PET as outlined in the European Pharmacopoeia Section 3.1.15, and United States Pharmacopoeia Section 661.1.  Nuclear Battery

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TekniPlex Healthcare to debut PET blister film at Pharmapack 

ArabPlast 2023: A transformative showcase of innovation and sustainability in the plastics and petrochemical industry 

ArabPlast, the Dubaian trade fair for the plastics, recycling, petrochemical, packaging & rubber industry, opened its doors from 13th to 15th of December 2023. The three-day fair not only celebrated the latest advancements, and innovations, but also delved into sustainable solutions.

A defining feature of ArabPlast 2023 was the participation of more than 750 exhibitors, representing 35 countries across the globe. The exhibition served as a stage for presenting the latest products, showcasing advanced technologies, and exchanging invaluable know-how. The diverse and global representation emphasised the interconnectedness of the plastics and petrochemical sectors, fostering collaboration and cross-border exchange of ideas that are vital for the industry’s evolution. Nuclear Battery

In addition to the comprehensive displays, ArabPlast 2023 featured machine displays that captivated the audience. Cutting-edge machinery was showcased, providing attendees with a firsthand look at the latest innovations in plastic processing. Furthermore, on-the-spot machine sales added an element of practicality to the event, allowing industry professionals to acquire state-of-the-art equipment right on the exhibition floor.

The event also witnessed the unveiling of patented technology in plastic processing. This innovative technology represents a significant milestone in the global plastic industry, tick marking the first time introduction of such advancements.  Nuclear Battery

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ArabPlast 2023: A transformative showcase of innovation and sustainability in the plastics and petrochemical industry 

PET bottles – Ocean freight disruptions threaten domestic supply, push US PET import prices higher – 11-01-2024

Nuclear Battery

PET bottles – Ocean freight disruptions threaten domestic supply, push US PET import prices higher – 11-01-2024

PET bottles

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Maschinenbau, a manufacturer of extrusion blow molding machines, has found a buyer following its declaration of insolvency in August of the previous year

The company will now come under the control of the German subsidiary of an unnamed Chinese investor, as disclosed by AndresPartner, a legal and tax firm specializing in industrial restructuring transactions.

The transfer encompasses not only the brand but also the Bonn facility in Germany, where Kautex Maschinenbau is headquartered. This facility is crucial for the development and assembly of the majority of plastic container blow molding machines. However, with 155 employees affected, there is a possibility of job cuts.  PET bottles

Apart from the German base, Kautex Maschinenbau has a second production facility under the independent subsidiary Shunde Kautex Plastics Technology in Shunde, China, which remains unaffected by insolvency. In Germany, the company also has a commercial subsidiary in Berlin. Additionally, independent branches are situated in Shanghai (China), Bangalore (India), Treviso (Italy), Jakarta (Indonesia), Mexico City (Mexico), and Moscow (Russia). The purchaser, being a Chinese investor, marks a strategic shift in ownership and may bring about changes in the company’s operations and global presence.

PET bottles

California market development payments prioritize PET bottles

A long-running post-consumer plastic market development program in California has been modified to further incentivize PET container recycling.

The Plastic Market Development Payment Program uses government funding to make payments to reclaimers and plastic product manufacturers that use recycled content, with the goal of spurring market development in the state.

The program only covers plastic containers that are part of the state’s California Refund Value (CRV) deposit system.  PET bottles

In-state reclaimers who process deposit containers, and in-state manufacturers who purchase the resulting flake, pellet or other output from those processed containers, can be reimbursed at a rate that’s set each program year, up to $150 per ton of material handled.

The market development payment program was created in 2006 and is regularly renewed by state lawmakers. A frequent priority for plastics recycling stakeholders in the state, it was most recently renewed through Senate Bill 1013, passed in 2022, and is set to run until at least July 2025. PET bottles

Lawmakers budgeted $10 million for market development payments during the current program year. Overall, they’ve allocated $47 million for the program to be used through June 30, 2027.

New in 2024, the program has been modified to use a three-tier payment structure, whereas previous years paid one rate for PET and one rate for HDPE. The new system creates a hierarchy within the PET payments to pay more for certain types of manufacturing and processing.  PET bottles

“The payment restructuring will incentivize participants who produce PET #1 or use PET #1 for new beverage containers,” CalRecycle stated in a public notice of the change.

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PET bottles

According to American media, Stellantis and CATL’s LFP batteries may find a home in Spain for electric vehicle production

Following Italy, France, and Germany, Spain could potentially become the birthplace of the next Stellantis electric vehicle batteries. Foreign press rumors suggest the Iberian Peninsula as the chosen location for the Group’s fourth European facility dedicated to accumulator production.

While the American publication Teslarati first reported the speculation, there is currently no mention of official sources or confirmations from the companies. The rumored Spanish plant would be dedicated to manufacturing lithium iron phosphate (LFP) batteries in collaboration with the Chinese company CATL.  PET bottles

Stellantis had previously announced an alliance with CATL in November, signing a memorandum of understanding for the supply of cells and modules in Europe without specifying the location for the batteries involved in the agreement.

Now, American media leans towards Spain as the next destination for Stellantis. The Group already owns three vehicle factories in Madrid, Vigo, and Zaragoza, with the latter two being converted for the production of coveted affordable electric cars based on the STLA Small platform.  PET bottles

Among the upcoming models, the Citroen e-C3 may be one of the creations featuring CATL’s LFP batteries, priced at €23,300 and expected to hit the market in 2024. However, it will be built on a different architecture, namely the Smart Platform.

PET bottles

Ocean freight disruptions threaten domestic supply, push US PET import prices higher

Imports of polyethylene terephthalate (PET) to the US have experienced price increases of 30-40% due to the global ocean freight disruptions and delays, according to market participants.

Last week, rates for shipping containers from east Asia to the US surged after rebel attacks on vessels in the Red Sea. Additionally, disruption of traffic through the Suez Canal is putting upward pressure on freight rates and increasing concerns of delayed shipments.

As a result, many companies are altering their shipping routes to avoid the disruptions from the Suez Canal and dangers of the Red Sea, opting to divert cargoes around the Cape of Good Hope. However, this route is adding significant delays, as well as reducing the availability of shipping containers.  PET bottles

The European PET and purified terephthalic acid (PTA) market is experiencing shortages as a result of diverted shipments combined with multiple outages. The Asia polyester market is also experiencing negative impacts from the Suez Canal and Red Sea diversions, as rising freight rates have dampened buying on the market.

In addition to the Suez Canal and Red Sea disruptions, commodities markets continue to grapple with issues at the Panama Canal due to low water levels as a result of a local drought. The Panama Canal Authority (PCA) has been limiting the number of vessels able to pass through the canal since early November.  PET bottles

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Ocean freight disruptions threaten domestic supply, push US PET import prices higher

The Composition and Evolution of Lithium-Ion Pouch Cell Batteries

Lithium-ion batteries, commonly used in electric vehicles, traditionally employ cylindrical cells. However, pouch cells, characterized by their flattened and flexible structure, have emerged as an alternative. First introduced in 1995 by the U.S. company Li-Polymer, these pouch cells have found applications not only in consumer electronics but also in energy storage systems and electric vehicles.

Similar to conventional lithium-ion cells, pouch cells consist of an anode, a cathode, a separator, and an electrolyte. The anode and cathode, serving as the negative and positive electrodes, are coated with conductive materials.  PET bottles

The separator prevents their direct contact, while the electrolyte facilitates ion movement during charge and discharge cycles.

Internally, pouch cells feature neatly arranged layers of anode-separator-cathode, sealed to form a compact unit resembling a bag or pouch. The negative and positive poles are externally connectable through tabs extending from the pouch.

Pouch cells offer advantages such as compactness, lightweight design, and flexibility, making them initially popular in consumer electronics. Their flexible design allows for greater design freedom, adapting to irregular shapes. Additionally, pouch cells boast higher energy density, exceeding 90%, making them appealing for emerging electric mobility.  PET bottles

Despite their benefits, pouch cells face a durability challenge. Their flexible external structure is susceptible to deformation and mechanical stress during charge and discharge cycles, leading to a shorter lifespan compared to cylindrical or prismatic cells. Factors such as gas production during cycles, sensitivity to humidity, and high temperatures contribute to observable cell swelling.

However, advancements are underway, particularly with the growing use of pouch cells in solid-state battery technology. Companies like Factorial, Solid Power, and QuantumScape are employing stacked layers of pouch cells, reaching up to 24 layers, to create next-generation batteries. Solid-state electrolytes offer improved temperature management and eliminate gas formation, addressing the longevity concerns associated with traditional pouch cells.  PET bottles

As a result, pouch cells are gaining traction, proving ideal for solid-state battery innovations with extended lifespans comparable to cylindrical or prismatic cells.

The Composition and Evolution of Lithium-Ion Pouch Cell Batteries

Heraeus Precious Metals enters hydrogen business

Heraeus Precious Metals has announced the establishment of a new dedicated Business Line, Hydrogen Systems, effective 1 January 2024.

The company aims to offer a comprehensive range of precious metal-based products for electrolysers and fuel cells, in particular state-of-the-art electrocatalyst solutions for next-generation applications. In addition to the supply of precious metals, the new business will offer a comprehensive range of technologies and production capabilities for the recovery of precious metals from production scrap and end-of-life materials such as catalyst-coated membranes.  PET bottles

Heraeus Precious Metals also continues to expand its R&D efforts to the United States and China and beyond PEM (Proton Exchange Membrane) technology. In addition, resources have been established to support customers in the development of inks and electrodes.

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Heraeus Precious Metals enters hydrogen business

Newcleo has entered into a partnership with NextChem and Tecnimont, subsidiaries of Maire, to leverage cutting-edge reactors for the decarbonization of the chemical industry, including hydrogen production

The agreement entails the exclusive development of a conceptual study on the sustainable, zero-emission production of hydrogen and chemicals, combining Newcleo’s nuclear technology with Maire’s chemical expertise.

This collaboration will enable the production of electrolytic hydrogen and zero-emission chemical products such as ammonia, methanol, e-fuel, and derivatives. It aligns with the European Union’s decision to incorporate innovative nuclear technologies, like that of Newcleo, into the EU taxonomy of environmentally sustainable economic activities.

Additionally, Tecnimont will provide consultancy services for Newcleo’s nuclear power plant based on small nuclear reactors (SMRs), applying Tecnimont’s modularization approach to optimize construction and planning methodologies, reducing production and construction times and costs.  PET bottles

This supports Newcleo’s vision of realizing a fully modular, accessible, and easy-to-install plant.

Stefano Buono, President and CEO of Newcleo, emphasized that small or advanced modular reactors (SMRs/AMRs) have the potential not only to generate electricity but also for industrial applications. The safety-by-design feature of Newcleo’s reactors, based on the laws of physics, ensures the safety of lead fast reactors (LFR) even in unlikely severe accidents or sabotage scenarios. This enhanced safety, coupled with the favorable physical properties of lead, allows for cost reduction compared to third-generation SMRs, paving the way for a competitive “e-Factory for zero-carbon chemistry” as envisioned by Maire. Buono expressed enthusiasm for the collaboration with Maire and looks forward to advancing their shared vision for sustainable, zero-emission hydrogen and chemical production.  PET bottles

Newcleo has entered into a partnership with NextChem and Tecnimont, subsidiaries of Maire, to leverage cutting-edge reactors for the decarbonization of the chemical industry, including hydrogen production

Solid-State Batteries – Bottled water contains hundreds of thousands of potentially dangerous plastic fragments 10-01-2024

PET bottles

Solid-State Batteries – Bottled water contains hundreds of thousands of potentially dangerous plastic fragments 10-01-2024

Solid-State Batteries

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Volkswagen – Solid-State Batteries: Half a Million Kilometers Without Degradation

Solid-state batteries, a highly promising technology for the electric cars of the coming years, take a significant step towards mass production. QuantumScape, an American startup in collaboration with Volkswagen for over a decade, has successfully completed endurance tests on its solid-state cells. These tests involved over a thousand recharge cycles, after which the cells retained 95% of their nominal capacity. The trials took place at the laboratories of PowerCo, the battery company within the Volkswagen Group.

Beyond industry standards, QuantumScape’s cells have surpassed the standard objectives for this development phase, which anticipate a maximum loss of 20% after 700 recharge cycles.  Solid-State Batteries

With this technology, an electric car achieving a range of 500-600 km in the Wltp homologation cycle could potentially last at least half a million kilometers without any noticeable decline in autonomy. The American company’s batteries have also excelled in rapid charging, safety, and self-discharge tests.

Ready for mass production, the solid-state cell tested by PowerCo consists of 24 layers and already corresponds to the version intended for serial production. The next steps involve refining large-scale production processes for market introduction. Jagdeep Singh, founder and CEO of the American startup, emphasizes that there is still much work to be done to bring this technology to the market.

Nevertheless, as of now, there is no knowledge of any other lithium-metal battery for automotive use demonstrating such high discharge energy retention over a comparable number of cycles and under similar conditions.  Solid-State Batteries

Solid-State Batteries

Turkey seeks Saudi partnership Cooperation as it plans to be an energy hub to Europe, minister tells Arab News

Turkey is seeking more cooperation with Saudi Arabia and other countries as it plans to be an energy hub to Europe, its finance minister said.

“Turkey from its geographical position is an energy corridor from Russia, Iran, and Saudi Arabia. Any kind of natural gas or oil that is going to be transported or shipped, will cost less and will be more safely shipped,” Nureddin Nebati told Arab News in an interview.

Speaking on the sideline of the 6th edition of Future Investment Initiative forum in Riyadh, the minister didn’t elaborate further on how the two countries might cooperate but said that peace in the region will bring energy costs down.  Solid-State Batteries

“Turkey and Saudi Arabia are also assisting each other, which will bring peace in the region. That peace will bring more affordable gas prices, the energy prices, and will allow both countries to look ahead,” he added.

Saudi Arabia is the largest exporter of oil in the world. Its gas reserves amounts to nearly 300 trillion cubic feet, making it the largest fifth gas reserve in the world. However, the Kingdom doesn’t export gas and it intends to expand production to meet local demand and eliminate the use of oil and other liquids in power generation.

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Solid-State Batteries

Bottled water contains hundreds of thousands of potentially dangerous plastic fragments: Study

A new study has found that the average bottle of water contains nearly a quarter million fragments of “nanoplastics” — plastic particles so small they can potentially gum up the machinery of human cells.

The findings published on Monday in the Proceedings of the National Academy of Sciences open a disturbing window into a largely unmapped corner of plastic pollution — a region marked by plastics the approximate size of viruses or vaccine particles.

“We know microplastics are always in the environment,” coauthor Beizhan Yan of Columbia University told The Hill. “They are high up in the alpine, and down in the Marianas Trench, and quite a lot in New York City water as well.”  Solid-State Batteries

But microplastics are comparatively large and easy to measure, he said — measurable in millionths of a meter, they can be viewed using technology like a scanning electron microscope.

The team was concerned by nanoplastics, which are particles thousands of times smaller – measurable in billionths of a meter. These smaller sizes can translate to greater danger, Yan said, “because the smaller the particle size, they are easy to get into the human bodies and then cross different barriers.”

The tiny compounds, Yan added, “can cross into the blood, and then can cross the different barriers to get into the cells,” interfering with the organelles — cellular organs — “and causing them to malfunction.”  Solid-State Batteries

Both micro- and nanoplastics have been found to have a wide array of dangerous impacts on a staggering array of key systems in the human body, as a December article in The Lancet found.

That survey of recent research found that tiny plastics can interfere with the chemistry of the human body — causing impacts both on and from the communities of microbes in our gut that help us digest food.

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Solid-State Batteries

BYD, the first stone for the production of sodium batteries, cheaper (but less efficient) than NMC and LFP

BYD has initiated the construction of a new production site dedicated to sodium batteries in Xuzhou, a city in the Jiangsu province of China. This move is part of an agreement with Huaihai Group, specializing in motorcycles and tricycles, signed on November 18 in Shenzen for a 10 billion yuan (€1.28 billion) investment and a production capacity of 30 GWh. The groundbreaking ceremony took place on January 4, and this facility joins another nearing completion in the same location, focused on Lithium Iron Phosphate (LFP) batteries with “blade” cells, initiated in early 2023.  Solid-State Batteries

The sodium batteries are intended for low-end vehicles produced by BYD and its customers, as well as for motorcycles from Huaihai Group. These batteries, utilizing sodium instead of lithium, offer superior sustainability from both an environmental and economic perspective compared to traditional Nickel Manganese Cobalt (NMC) and LFP batteries. They boast a lower cost (one-third of NMC), albeit with a 50% lower energy density and power. Noteworthy advantages include safety, recyclability, charge retention, durability, and operability in a broader temperature range (-20°C to +60°C).

This sodium battery technology is gaining traction in the market, targeting low-cost vehicles for emerging markets, motorcycles, tricycles, and stationary systems. The sodium-ion battery market is poised for significant growth, with a projected 600% increase by 2033, reaching a total capacity of 67.7 GWh. BYD’s ambitious plans contribute to this trend, challenging initial projections by industry experts.

Despite previous use in space shuttles, the technology’s success hinges on its adaptation to affordable and sustainable solutions, potentially reshaping the dynamics of the electric vehicle battery market.  Solid-State Batteries

BYD, the first stone for the production of sodium batteries, cheaper (but less efficient) than NMC and LFP

Equinor and Linde have signed an agreement to develop the H2M Eemshaven low carbon hydrogen project

Equinor and Linde have signed a project development agreement to develop the H2M Eemshaven low carbon hydrogen project in the Netherlands as partners.

Equinor will secure access to carbon transport and storage capacity and offer low carbon hydrogen to the market. Linde will build, co-own and operate the hydrogen production and carbon capture and transfer facility.

The aim is to build a facility in the Eemshaven industrial area to reform natural gas from the Norwegian continental shelf to low-carbon hydrogen with CO2 capture and storage (CCS). More than 95 percent of the CO2 will be captured and stored safely and permanently under the seabed offshore Norway. The aim is to start production in late 2028 and the hydrogen plant will be connected to onshore hydrogen pipelines planned in both the Netherlands and Germany.  Solid-State Batteries

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Equinor and Linde have signed an agreement to develop the H2M Eemshaven low carbon hydrogen project

Advanced Petrochemical to Temporarily Pause Jubail Polypropylene Production in February

Saudi Arabia’s Advanced Petrochemical, a major player in the Asian petrochemical industry, has announced plans for the temporary shutdown of two polypropylene (PP) production lines in Jubail, Saudi Arabia. This scheduled pause in production is set to commence on February 4, allowing for routine maintenance activities to be carried out. The maintenance work will be conducted on enterprises with a combined annual capacity of 270,000 tons of PP and 210,000 tons of PP. The shutdown period is expected to extend until February 27 of the current year, ensuring a comprehensive and thorough maintenance effort.  Solid-State Batteries

It’s worth noting that the last instance of Advanced Petrochemical closing its PP plant in Jubail for scheduled maintenance occurred from February 28 to March 22, 2022. This periodic shutdown strategy aligns with industry best practices, emphasizing the company’s commitment to maintaining optimal operational efficiency, reliability, and safety standards.

Advanced Petrochemical, formerly known as Advanced Polypropylene, operates as a joint-stock company, established in October 2005. The company embarked on the construction of petrochemical plants in May 2005, with its facilities strategically located in the industrial city of Jubail on the east coast of Saudi Arabia. The production output includes 455,450 tonnes of propylene annually and an additional unspecified tonnage of polypropylene per year.  Solid-State Batteries

The decision to undertake routine maintenance activities on the two PP production lines in Jubail reflects Advanced Petrochemical’s dedication to ensuring the long-term sustainability and effectiveness of its operations. By proactively addressing maintenance needs, the company aims to enhance equipment reliability, prevent potential issues, and align with industry standards and regulations.

As part of its commitment to transparency and industry best practices, Advanced Petrochemical has provided advance notice of the scheduled maintenance period.

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Advanced Petrochemical to Temporarily Pause Jubail Polypropylene Production in February

In the northwestern Galicia region of Spain, sandy beaches have become the focal point for hundreds of volunteers armed with colanders and shovels

Their mission: to tackle the aftermath of an environmental crisis as millions of plastic pellets, also known as mermaid tears or nurdles, inundated the coast.

These tiny pellets, utilized in the production of everyday items like water bottles and shopping bags, contribute to the pervasive issue of plastic pollution in oceans and rivers globally.  Solid-State Batteries

The onslaught of plastic pellets in Spain traced back to at least one container that fell from the Toconao, a Liberia-registered vessel chartered by shipping giant Maersk, off the neighboring Portuguese coast last month, according to a statement from Bedeko Europe, the manufacturer of the pellets.

Deputy Prime Minister Maria Jesus Montero expressed the government’s concern about potential “serious repercussions” and admitted uncertainty regarding the exact impact, particularly on the fishing industry. The cleanup efforts evoked memories of Galicia’s 2002 environmental disaster, a fuel oil spill that closed Spain’s lucrative fishing grounds.

An estimated 10 trillion plastic pellets contaminate marine ecosystems annually, as reported by the Pew Charitable Trusts in 2020.  Solid-State Batteries

Environmentalist group Ecologistas en Accion criticized the regional government’s delayed response and announced plans to file an environmental crime complaint against Toucan Maritime, the Dutch owner of the vessel. Political blame games ensued, with Galicia’s regional leader accusing the central government of withholding information for over two weeks, while Madrid’s representative in Galicia countered that the maritime rescue service had alerted regional coast guards about the incident on December 20.

In the northwestern Galicia region of Spain, sandy beaches have become the focal point for hundreds of volunteers armed with colanders and shovels

Recycling Guide – Brics countries shake up world order 09-01-2024

Solid-State Batteries

Recycling Guide – Brics countries shake up world order 09-01-2024

Recycling Guide

Crude Oil Prices Trend

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

World Packaging Organisation (WPO) launches Recycling Guide

The ‘Packaging Design for Recycling Guide’, a product of WPO (World Packaging Organisation), has recently been translated into Japanese, and is now available through WPO website. This is the 11th translation besides the versions in English, German, Spanish, Arabic, Portuguese, Thai, Latvian, Czech, Hungarian and Georgian. Developed by WPO, Circular Analytics, FH Campus University of Applied Sciences and ECR Community, the Guide is a starting point to understand best practice examples, using state-of-the-art technology that can be applied and tailored to suit the recovery and recyclability capabilities and infrastructure on a regional and local level.

The formal launch of the Japanese version was undertaken during WPO Board Meeting (Nov 23), in South Africa, with the presence of the former President, Pierre Pienaar, the current President, Luciana Pellegrino, the representative of Japan Packaging Institute (JPI), Hiroko Akieda, and Vice President Sustainability & Save Food, Nerida Kelton.

“The ‘Packaging Design for Recycling Guide’ is a very important tool for the global packaging community to ensure that our industry is taking steady steps, based on scientific foundations, to achieve a circular economy model. It contributes to address the challenges that face the world in terms of climate change, environment and preservation of natural resources”, states Luciana Pellegrino, WPO President. She adds: “We highly recommend the industry to explore this Guide in a way of driving efforts based on a common voice of the packaging industry in terms of recycling and circular economy.”

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Recycling Guide

World Packaging Organisation (WPO) launches Recycling Guide

Honda considering $18.4B electric vehicle and battery plant in Canada: media report

Honda Motor Co. Ltd. could invest upwards of $18.4 billion in an electric vehicle plant in Canada, according to a report from a Japanese news outlet.

Nikkei Asia said on Sunday that Honda is considering building both a vehicle and battery plant in the country as part of efforts to catch up in the electric vehicle market.

The report says Honda is looking at several sites, including next to its existing plant in Alliston, Ont., with a potential investment decision expected by the end of the year.

A spokesperson for Industry Minister Francois-Philippe Champagne did not confirm whether any talks were going on between the company and the government.

The minister said in a statement that the report about Honda’s potential investment is a “testament to Canada’s growing reputation as a green supplier of choice and global EV leader.”  Recycling Guide

“Reports about Honda looking to make a significant investment in Canada speaks to the quality of workforce and the strength of our industry,” Champagne said in the statement.

The Nikkei report says the abundance of renewable energy in the country is part of the reason Honda is considering Canada, while in December the federal government mandated that all passenger vehicle sales would be electric by 2035.

Honda is retooling a production plant in Ohio to produce electric vehicles and has an agreement in place to build an electric vehicle battery plant in the state with LG Energy Solution, but the report says the company might go it alone on the battery plant in Canada.  Recycling Guide

LG is already in a partnership with automaker Stellantis to build a $5 billion battery plant in Windsor, Ont., one of numerous major EV investments Canada has secured after offering generous subsidies.

Volkswagen is building a battery plant in St. Thomas, Ont., and Northvolt is building one about 30 kilometres east of Montreal, with the three plants expected to cost tens of billions of dollars in subsidies linked largely to production volumes. Recycling Guide

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Recycling Guide

Antimicrobial Hospital Textiles Market worth $9.4 billion by 2025 | Key players Atlas Milliken & Company (US), Trevira GmbH (Germany), Unitika Trading Co. Ltd. (Japan)

According to recent market research the “Antimicrobial Hospital Textiles Market by Material, Usability (Disposable, Reusable), FDA Class (Class I, Class II, Class III), Application (Attire, Surgical supplies & Wipes, Sheets & Blankets), Hospital Department, Region – Global Forecast to 2025”, size is estimated at USD 7.1 billion in 2020 and is projected to reach USD 9.4 billion by 2025, at a CAGR of 5.8%. Increasing population, medical infrastructure development & health promotion by government authorities, and increasing affordability are major key driving factors for the growth of the antimicrobial hospital textiles industry.  Recycling Guide

Cotton was the largest material type in the overall antimicrobial hospital textiles market. This is because cotton is susceptible to microbial attack, as is it a naturally occurring plant fiber. Cotton is very soft in nature and renders comfort when it is in contact with the skin. Due to comfort property, it is used more as compared to other antimicrobial hospital textiles material. This factor is driving the demand for cotton in the antimicrobial hospital textiles market.
Attire is the largest application during the forecast period. The attire worn by the doctors, patients, and staff members in a hospital should be hygienic as it can act as a source of HAIs. Patients with lower immunity are highly susceptible to infections. Attire is used to protect hospital staff and prevent HAIs and is a mandatory practice in hospitals. Hence, the demand for antimicrobial textiles is high in the attire application. Recycling Guide

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Recycling Guide

Western LLDPE Market Confronts a Decline in December Amidst Trade Challenges

In December 2023, the Linear Low-Density Polyethylene (LLDPE) market experienced a depreciation in Western markets, particularly in the US and Europe. The weakening in prices can be primarily attributed to the global weak demand for LLDPE and the abundant availability of stock. The decrease in feedstock Ethylene and upstream Naphtha costs in the region has also played a role in pushing down the prices. Furthermore, various factors such as the holiday season, geopolitical tensions in the Middle East, supply chain disruptions caused by low water levels in the Panama Canal, and an attack by Houthi rebels affecting transportation in the Red Sea amid an economic slowdown, have collectively influenced market dynamics and contributed to the pricing fluctuations of LLDPE during this period.  Recycling Guide

Thus, the price of LLDPE Film Butene-based FOB Texas(USA) fell by 2% while the LLDPE Film FD Hamburg(Germany) declined by 5% this month.

The LLDPE market in the United States experienced a plummeting trend due to sluggish demand from downstream packaging and construction industries this month. Despite fluctuations in feedstock Ethylene, influenced by improved market activity before the holidays, and a continued decrease in upstream Naphtha amid easing Crude oil prices, LLDPE prices saw an overall decrease. Initially, the month witnessed steady market activity with a consistent flow of customer orders for LLDPE. Recycling Guide

However, as the year approached its end, some buyers reduced their purchasing efforts, maintaining a positive outlook and anticipating the possibility of December discounts extending into January. Further, export demand from the United States remained steady in Europe and Latin America. Sellers were willing to consider fair offers, leading to reduced prices in exchange for larger quantities, although there were some limitations on the extent of discounts which overall led to a slump in the price of LLDPE.

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Recycling Guide

Revolutionary indigo dye makes denim more ecofriendly

Two Israeli companies team up to bring a new level of sustainability to the highly polluting textile industry.The indigo dye market for the jeans industry is estimated at $1.5 billion a year. However, traditional indigo yarn dyeing processes require an average 60,000 liters of water per process and use polluting chemicals such as hydrosulfite.

Israeli green-tech company Sonovia developed a chemical-free, ultrasonic indigo dyeing technology, D(y)ENIM, which drastically reduces water usage, chemical waste and energy expenditure in the dyeing process, without hydrosulfites. Recycling Guide

Two European denim makers, France’s Kering and Italy’s PureDenim, have already integrated Sonovia’s yarn-dyeing technology into their production lines.

Now, D(y)ENIM will be scaled up significantly thanks to a collaboration with a fellow Israeli company, industrial chemicals company Avco.

The collaborative will focus on producing an industrial quantity of the dye. Avco will leverage its expertise in marketing chemical products internationally to promote and sell the ecofriendly indigo dye and technology to global textile and fashion companies.

According to Sonovia cofounder Shay Herchcovich, “The successful completion of the first phase is contingent upon achieving key criteria, including reaching a production rate of at least one ton of the indigo dye per week, meeting quality requirements defined by Sonovia’s first customer, confirming the sale of 80 tons of the material, and mutual agreement between the parties.”  Recycling Guide

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Revolutionary indigo dye makes denim more ecofriendly

Green Innovation: Progress Report – Third Edition highlights:

  • In 2021 plastic recycling patent filings have reached an all time high.
  • Drop in filings from previous highest filer Eastman, but the rest of the sector show growth.
  • Pyrolysis is still by far the main source of chemical recycling innovation, and continues to grow rapidly, but there is also growth in other emerging technologies such as biodegradation and electrolysis.  Recycling Guide
  • Strong growth is also found in innovation for the downstream processing of the treated polymer waste.

The evolution of innovation and patents in chemical recycling

The variety of plastics and compositions containing plastic have produced a reliance on them in a considerable range of applications. Traditional petrochemical-derived plastics, such as polyethylene (PE), polypropylene (PP), polyesters, polyacrylics, polystyrene and polyvinyl chloride (PVC) have evolved over decades, offering highly-specialised properties for such applications. They remain highly valuable materials, essential in many areas, and this seems set to continue until greener alternatives can sufficiently replicate their performance.  Recycling Guide

However, continued use will also likely require that such plastics become easier to recycle because the majority of plastic waste takes decades to biodegrade.

Recycling non-biodegradable plastic is one way to partially mitigate its environmental impact.

In 2019, of the approximately 350 million tonnes of plastic waste worldwide, nine percent was recycled, 19 percent incinerated, 49 percent went to landfill, and 22 percent was uncollected litter, with 6.1 million tonnes (Mt) of plastic waste leaking into aquatic environments, such as rivers, and 1.7 Mt flowing into the oceans. Recycling Guide

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Green Innovation: Progress Report - Third Edition highlights:

Brics countries shake up world order

The Brics constellation of countries is growing both in influence and membership. Expansion will require careful handling but is set to further increase the role of the group
Brics is an acronym from the world of investment banking that has become a global movement. Originally just ‘BRIC’, coined by the investment bank Goldman Sachs at the beginning of the century, it stood for Brazil, Russia, India and China, to describe a significant cluster of the world’s emerging economies with considerable potential for investors. The projection was that the four countries would dominate the global economy by the mid-21st Century.  Recycling Guide

The ‘S’ stands for South Africa, which was added soon after. This year will see nations from the Gulf Co-operation Council join the club. There are around 20 countries applying to join, although one member-elect, Argentina, announced late last year that it would not be joining as planned, following Javier Milei’s win in the presidential election.
Since 2009 the five countries have formed themselves into a formal grouping with annual summits aimed at assisting co-operation among non-Western nations, the most recent of which took place in Johannesburg, South Africa in August 2023. It was the 15th meeting of the bloc. Recycling Guide
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Brics countries shake up world order

PET-Bottle Nylon – Germany delays plastic tax to 2025 08-01-2024

Recycling Guide

Red-Sea crisis – Amidst prevailing market weakness, Saudi Arabia has announced a reduction in key crude prices for buyers across all regions in February 08-01-2024

Red-Sea crisis

PET-Bottle Nylon – Germany delays plastic tax to 2025 

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Red-Sea crisis

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Amidst prevailing market weakness, Saudi Arabia has announced a reduction in key crude prices for buyers across all regions in February

This decision encompasses the primary Asian market, where oil prices for the flagship Arab Light have been lowered by $2 to $1.50 above the benchmark. This adjustment is more substantial than the estimated $1.25 reduction projected in a Bloomberg survey of refiners and traders. Saudi Aramco, the state producer, has also implemented price cuts for February deliveries to Northwest Europe, the Mediterranean, and North America.

The oil industry traditionally experiences decreased consumption during February and March, as refiners often conduct periodic maintenance by temporarily shutting down some facilities. Concurrently, a surplus in global supply, including contributions from the United States, heightens the risk of an oversupply. Consequently, the OPEC+ group, led by Saudi Arabia and Russia, extended output cuts into the current year.  Red-Sea crisis

In 2023, global crude prices registered a decline for the first time since 2020. Despite ongoing geopolitical concerns such as the Israel-Hamas conflict and escalating turmoil in the Middle East, as well as Houthi militant attacks in the Red Sea, the market has not witnessed significant disruptions in supply.

The OPEC+ group’s production cuts aim to prevent an accumulation of oil in storage amid apprehensions of a sluggish global economy affecting demand. Saudi Arabia bears the major responsibility, voluntarily implementing cuts of 2 million barrels per day through the first quarter, potentially extending into subsequent periods.  Red-Sea crisis

Red-Sea crisis

Wendel completes sale of Constantia Flexibles to One Rock affiliate 

The move follows a definitive agreement signed by the parties in August 2023.

An affiliate of private equity investment management company, One Rock Capital Partners, has completed the acquisition of packaging company Constantia Flexibles.

One Rock acquired Constantia from European investment company Wendel, Maxburg Capital Partners, and other shareholders.

Headquartered in Vienna, Austria, Constantia supplies flexible packaging solutions to more than 4,000 global customers in the pharmaceutical, food, and consumer goods sectors.

The company operates a network of 28 sites in 15 countries, with more than 7,150 employees.  Red-Sea crisis

One Rock partner Kurt Beyer said: “Constantia’s commitment to product innovation, sustainability and quality underscores its position as a market leader in the flexible packaging industry.

“We look forward to working alongside Constantia’s management team to enhance its operational capabilities and suite of packaging solutions to maximise its potential.”

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Red-Sea crisis

Container shipping rates spike as Red Sea crisis draws first blood

Maersk halts Red Sea transits (again) after US military kills Houthi attackers

Maersk, the world’s second-largest ocean carrier, gambled that a U.S.-led military force, Operation Prosperity Guardian, would allow safe passage through the Red Sea. That gamble has failed.

On Tuesday, Maersk said it will suspend Red Sea transits indefinitely and reroute ships around Africa’s Cape of Good Hope. The decision followed attacks on the container ship Maersk Hangzhou, which was struck by a Houthi rebel missile on Saturday and threatened by four Houthi boats on Sunday.  Red-Sea crisis

Armed guards on the Maersk Hangzhou exchanged fire with the Houthis, whose boats approached within 70 feet of the container ship before U.S. military helicopters intervened. After the Houthis fired on U.S. forces, the helicopters took out three of the four boats, killing 10 Houthi rebels.

The attacks in the Red Sea continue. U.S. Central Command confirmed that the Houthis fired two anti-ballistic missiles on Tuesday that landed in the vicinity of passing commercial ships. The Houthi spokesperson confirmed Wednesday that the missiles were targeting the container ship CMA CGM Tage.

As supply chain issues mount and missile launches persist, there is an increasing likelihood of ground strikes in Yemen by the U.S.-led coalition.  Red-Sea crisis

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Container shipping rates spike as Red Sea crisis draws first blood

Svensk Plaståtervinning has recently inaugurated “Site Zero,” the world’s largest plastic sorting facility located in Motala, Sweden

Equipped with cutting-edge technology from Sutco and Tomra, this state-of-the-art plant efficiently categorizes all Swedish plastic packaging waste into 12 distinct fractions. WASTE MANAGEMENT WORLD covered the grand opening of this groundbreaking facility.

Motala, with a population of around 30,000, situated on the eastern shore of Lake Vättern, might seem an unlikely choice for the global epicenter of plastic sorting. However, the town’s industrial history, dating back to the 19th century and marked by the construction of the Göta Canal, has paved the way for Site Zero’s establishment. Red-Sea crisis

Housed in a repurposed industrial hall that once manufactured appliances for Elektrolux, the facility spans 60,000 square meters, embodying the principles of a circular economy.

Mattias Philipsson, CEO of Svensk Plaståtervinning, emphasizes the plant’s significance as a pioneer in producing top-tier material quality while minimizing environmental impact. The facility, known as Motala II, is an expansion of the earlier Motala I plant, making it the largest and most advanced plastic sorting plant globally.  Red-Sea crisis

Philipsson envisions a future with “no waste, no downcycling, and no emissions.” Currently recycling 33% of plastic packaging in Sweden, the plant’s advanced technology, including 500 tons of steel, nearly five kilometers of conveyor belts, infrared sensors, screening drums, ballistic separators, and state-of-the-art air purification systems, allows it to process 42 tons of material per hour, recovering 12 different plastic types. Plans for additional washing and pelletizing systems by 2025 aim to further enhance recycling capabilities and contribute to Sweden’s journey towards a closed-loop economy.

Svensk Plaståtervinning has recently inaugurated "Site Zero," the world's largest plastic sorting facility located in Motala, Sweden

SmartFactory – Developement of Smart Factories in textile industry with Industrie 4.0 approaches

Aim of the project SmartFactory is to frame the special demands of Product and Process Quality Management of Indusrtie 4.0 in Textile Industry and derive concrete approaches and possible potentials. To do this the current status in Production of Home Textiles with Jacquard Weaving is analyzed by Institute of Textile Technology (ITA) of RWTH Aachen University. As result the typical processes and structures for a Smart Textile Fabric of Future are expected. Red-Sea crisis

As shown in the picture the project is divided into two main parallel branches on the mend to Smart Textile Fabric. The first goal is to develop the Smart Weaving Factory. In the smart weaving factory the weaving machines are upgraded to so-called Cyber-physical systems and are able to intelligently interact with their environment. The project is focused on automatic Process and Product Quality Control. The second goal is to develop a consistent Communication Strategy to link the Production Chain as a basis for the Smart Textile Fabric.  Red-Sea crisis

To do this an existing strategy from other industrial branches is picked and concretized for a weaving company with an implementation recommendation. It is used as a guideline for further developments and includes vertical and horizontal communication.

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SmartFactory – Developement of Smart Factories in textile industry with Industrie 4.0 approaches

NREL researchers produce first macromolecular model of plant secondary cell wall; more efficient utilization of biomass for fuels, chemicals, and materials

Researchers with the US Department of Energy’s (DOE’s) National Renewable Energy Laboratory (NREL) have defined quantitatively the relative positioning and arrangement of the polymers in Populus wood and to create a computer model that details the findings.

The research into solving this macromolecular puzzle, which appears in an open-access paper in the journal Science Advances, may hold the key to disentangle and deconstruct biomass efficiently for conversion to fuels, chemicals, and materials.

Scientists have long known that the secondary cell wall of hardwoods involves three major biopolymers—cellulose, hemicellulose, and lignin—but detailed and quantitative understanding of how these polymers are arranged relative to each other has remained elusive.  Red-Sea crisis

The researchers capitalized on advances in the field of solid-state nuclear magnetic resonance (ssNMR) technology to infer refined details about the structural configuration of the cell wall, the intermolecular interactions, and the relative positions of the biopolymers within the wood. Solid-state nuclear magnetic resonance (NMR) spectroscopy is an atomic-level method to determine the chemical structure, 3D structure and dynamics of solids and semi-solids.

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NREL researchers produce first macromolecular model of plant secondary cell wall; more efficient utilization of biomass for fuels, chemicals, and materials

Bio-nylon fiber – Volkswagen has achieved a significant milestone in the development of solid-state batteries through successful testing with QuantumScape 06-01-2024

Red-Sea crisis

PET-Bottle Nylon – Germany delays plastic tax to 2025 08-01-2024

PET-Bottle Nylon

PET-Bottle Nylon

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET-Bottle Nylon

PET-Bottle Nylon

Polyestertime
ITEM 02/01/2024 08/01/2023 +/-
Bottle grade PET chips domestic market 6,975 yuan/ton 6,900 yuan/ton -75
Bottle grade PET chips export market 895 $/ton 890 $/ton -5
Filament grade Semidull chips domestic market 6,790 yuan/ton 6,760 yuan/ton -30
Filament grade Bright chips domestic market 6,790 yuan/ton 6,760 yuan/ton -30
Pure Terephthalic Acid PTA domestic market 5,940 yuan/ton 5,780 yuan/ton -160
Pure Terephthalic Acid PTA export market 740 $/ton 730 $/ton  

-10

 

Monoethyleneglycol MEG domestic market 4,385 yuan/ton 4,555 yuan/ton +170
Monoethyleneglycol MEG export market 520 $/ton 535 $/ton +15
Paraxylene PX FOB  Taiwan market

PET-Bottle Nylon

1,020 $/ton 1,016 $/ton
-4
Paraxylene PX FOB  Korea market 997 $/ton 994 $/ton -3
Paraxylene PX FOB EU market 1,050 $/ton 1,070 $/ton +20
Polyester filament POY 150D/48F domestic market 7,600  yuan/ton 7,580 yuan/ton
-20
Recycled Polyester filament POY  domestic market 7,600 yuan/ton 7,600 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 8,900 yuan/ton
Polyester filament FDY 68D24F

PET-Bottle Nylon

8,900 yuan/ton 8,950 yuan/ton +50
Polyester filament FDY 150D/96F domestic market 8,225 yuan/ton 8,230 yuan/ton +5
Polyester staple fiber 1.4D 38mm domestic market 7,300 yuan/ton 7,280 yuan/ton -20
Caprolactam CPL domestic market 13,800 yuan/ton 13,800 yuan/ton
+50
Caprolactam CPL overseas  market 1,600 $/ton 1,630 $/ton +30
Nylon 6 chips overseas  market 1,880 $/ton 1,880 $/ton
Nylon 6 chips conventional spinning domestic  market 14,400 yuan/ton 14,425 yuan/ton +25
Nylon 6 chips  high speed spinning domestic  market

PET-Bottle Nylon

15,000 yuan/ton 15,050 yuan/ton +50
Nylon 6.6 chips domestic  market 19,500 yuan/ton 19,500 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 17,050 yuan/ton 17,100 yuan/ton +50
Nylon6 Filament DTY 70D/24F domestic  market 19,200 yuan/ton 19,250 yuan/ton- +50
Nylon6 Filament FDY  70D/24F  17,850 yuan/ton 17,850 yuan/ton
Spandex 20D  domestic  market

PET-Bottle Nylon

34,500 yuan/ton 34,500 yuan/ton
Spandex 30D  domestic  market 33,000 yuan/ton 33,000 yuan/ton
Spandex 40D  domestic  market  30,000 yuan/ton 30,000 yuan/ton
Adipic Acid domestic market 9,500 yuan/ton 9,550 yuan/ton +50
Benzene domestic market

PET-Bottle Nylon

7,455 yuan/ton 7,410 yuan/ton -45
Benzene overseas  market 882 $/ton 897 $/ton +15
Ethylene South East market 850 $/ton 850 $/ton
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

PET-Bottle Nylon

9,700 yuan/ton 9,700 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,650 yuan/ton 12,650 yuan/ton
PP Powder domestic market

PET-Bottle Nylon

7,200 yuan/ton 7,150 yuan/ton -50
Naphtha overseas market  672 $/ton 639 $/ton -33
Phenol domestic market 7,475 yuan/ton 7,227 yuan/ton -248

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

PET-Bottle Nylon

Germany delays plastic tax to 2025

The German government has announced the postponement of the new tax on non-recycled plastic packaging, now set to come into effect no earlier than 2025, as opposed to the initially proposed timeline for this year.

The decision was justified by the government’s need for additional time to formulate regulations aimed at minimizing bureaucratic burdens.

The extension is likely influenced by the collective appeal of five associations within the plastic packaging industry, urging federal authorities to permanently withdraw the measure.  PET-Bottle Nylon

These associations argue that the tax could prove ineffective or even counterproductive for the environment, ultimately burdening consumers with increased prices for packaged goods.

Martin Engelmann, the director of IK Industrievereinigung Kunststoff Verpackungen, representing German plastic packaging manufacturers, emphasizes the lack of clarity regarding who should pay, for what, and how much, just three weeks after the initial announcement.

Engelmann suggests that the federal government should recognize the impracticality of a populist plastic tax given the dense existing packaging regulations in Germany.

He notes that the tax announcement has already created uncertainty, leading to the suspension of investment decisions and an acceleration of plans to relocate production abroad within the industry.  PET-Bottle Nylon

The tax originated from the German government’s decision to make companies pay an 800-euro per ton contribution to the EU to cover the budget gap resulting from the UK’s Brexit.

This tax, applicable to non-recycled plastic packaging waste, has not been passed on to packaging producers by the German government, similar to the approach taken by Italy and many other European countries, funding it within the federal budget.

Germany delays plastic tax to 2025

Bio-nylon fiber – Volkswagen has achieved a significant milestone in the development of solid-state batteries through successful testing with QuantumScape 06-01-2024

Bio-nylon fiber

Toray and Porter™ unveil groundbreaking initiative with bio-nylon fiber

Volkswagen has achieved a significant milestone in the development of solid-state batteries through successful testing with QuantumScape

As the major shareholder and primary customer of QuantumScape, Volkswagen has reported promising results from tests conducted on the solid-state batteries supplied by the U.S. startup. The prototype demonstrated performance exceeding expectations, indicating that the technology is theoretically ready for commercialization.

In laboratory tests conducted by PowerCo, Volkswagen’s battery-focused subsidiary, the QuantumScape solid-state battery exhibited only a 5% storage loss after 1,000 charge cycles.  Bio-nylon fiber

This unexpected durability implies that the battery could power an electric vehicle for 500,000 km, losing only 5% of its initial capacity over the entire distance. This result surpasses industry benchmarks, where a solid-state battery is typically considered market-ready if it loses 20% after 700 cycles.

Frank Blome, Head of PowerCo, expressed optimism, stating, “We are facing very encouraging information. This battery is a prelude to energy storage systems with high autonomy, fast charging capabilities, and slow aging.”

QuantumScape’s CEO, Jagdeep Singh, shares the enthusiasm, expressing the company’s commitment to bringing their batteries to market as quickly as possible. Their strategy involves an initial focus on consumer electronics and later expanding into the automotive sector, adapting production capacity accordingly.  Bio-nylon fiber

Bio-nylon fiber

GAIKER has a new pilot plant for the chemical recycling of complex PET waste

This equipment makes it possible to scale up chemical recycling processes to a suitable size between laboratory processes and industrial plants.

The GAIKER Technology Centre, a member of the Basque Research & Technology Alliance (BRTA), together with the Swiss company POLYMETRIX AG have developed an innovative technology and built a new pilot plant for the chemical recycling of PET waste.

This equipment has a 150 L chemical reactor and a series of batch and continuous post-treatment and purification stages that allow it to produce high purity chemical monomers, valid for the synthesis of new PET, even food grade, and other high added value products such as PU resins, unsaturated polyester resins, paint resins, etc. Thus, it can respond to the needs of different sectors such as plastic waste recycling, petrochemicals and polymer synthesis, while promoting the circular economy.  Bio-nylon fiber

Thanks to this plant, GAIKER can assess the suitability of complex PET waste for the production of high purity chemical monomers and define the design bases for industrial plants for the treatment of this waste. In addition, it can generate samples of the various process flows for the different stages that allow the scaling and quality parameters to be defined in each one of them.

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Bio-nylon fiber

As the world swims in plastic, some offer an answer: Ban the toxic two

China Aims to Create the World’s Largest Decentralized Power Grid with 3,000-Cycle Batteries

China is taking significant strides toward building the world’s largest decentralized power grid, focusing on electric vehicles (EVs) and plug-in hybrids. With a foresight surpassing other markets transitioning to future mobility, China outlined objectives for bidirectional charging, specifically emphasizing vehicle-to-grid (V2G) capabilities. The initiative recognizes the need for an integrated ecosystem capable of supporting the increasing volumes of EVs on the road.  Bio-nylon fiber

Key aspects of the plan include:

  1. Durable Batteries: China seeks next-generation batteries capable of enduring 3,000 cycles without cost increases. This durability is crucial for utilizing EVs as distributed energy storage systems during idle periods, contributing to more efficient energy management, particularly from renewable sources.
  2. Intelligent V2G Implementation: By 2025, China aims to launch numerous pilot projects studying the interaction between EVs and the power grid. The goal is for battery-powered vehicles to provide 60% of their own charging power by 2030, potentially reaching 80% in certain cities. This ambitious target could revolutionize China’s energy system, harnessing wind and solar power with millions of kWh available from parked EVs connected to charging stations.
  3. Role of Battery Swap Stations: Thousands of battery swap stations, each with multiple batteries, are expected to play a crucial role. Companies like NIO, focusing on swappable battery technology, envisioned their stations as virtual power plants actively managing the grid’s load. This vision appears to be on the verge of realization.  Bio-nylon fiber

In summary, China’s comprehensive strategy aligns EVs with the power grid, emphasizing durable batteries and intelligent V2G implementation, potentially reshaping the nation’s energy landscape.

China Aims to Create the World's Largest Decentralized Power Grid with 3,000-Cycle Batteries

Wang Chuanfu, 56, founder of Byd, emerges as a formidable challenger to Elon Musk’s dominance in the electric vehicle market

In contrast to Musk’s flamboyance, Chuanfu maintains a reserved demeanor, avoiding social media and embodying understatement. While Musk mocks events like Davos, Chuanfu quietly attends. Both share humble beginnings and a messianic belief in science serving society.  Bio-nylon fiber

Chuanfu, a chemistry-physics graduate with a metallurgy Ph.D. from Central South University of Technology, epitomizes a leader molded by the “people’s policy.” He grew up in rural China, orphaned at an early age, emphasizing a redemptive drive for the underprivileged.

In contrast, Musk represents the American dream, leaving a physics Ph.D. program for entrepreneurial pursuits after an economics degree. Both, however, prioritize disruptive technology. Chuanfu’s Byd, initially a battery factory funded by relatives, thrives on self-reliance, mirroring Musk’s early reliance on family support for his startup.

Their management styles converge in cost control, strict in-house production, and demanding work conditions. Chuanfu’s division of production into “increasingly smaller phases” mirrors Musk’s preference for specialized tasks. Both exhibit a ruthless approach to labor, with Musk eschewing unions and enforcing demanding schedules, while Chuanfu’s workforce specializes in narrowly defined roles.  Bio-nylon fiber

Chuanfu, married to Li Ke, Byd’s early marketing manager, exemplifies resilience and commitment to a shared vision, reflecting in both personal relationships and business strategy. As Byd outpaces Tesla in the last quarter of 2023, the clash of these automotive titans intensifies, contrasting the reserved “zero social” Chuanfu against the flamboyant Musk in the evolving electric vehicle landscape.

Wang Chuanfu, 56, founder of Byd, emerges as a formidable challenger to Elon Musk's dominance in the electric vehicle market

“Groundbreaking Achievement: World’s First Graphene Semiconductor Unveiled by Georgia Tech Researchers”

A team of researchers from the Georgia Institute of Technology has announced a groundbreaking achievement in the realm of electronics – the creation of the world’s first fully functional graphene semiconductor. This development marks a significant leap forward as it presents a tangible alternative to silicon, capable of overcoming its limitations and potentially revitalizing Moore’s Law.  Bio-nylon fiber

The primary challenge in semiconductor production revolves around the extreme miniaturization of transistors, leading to unwanted effects such as electron migration through the isolation barrier between the electrical channel and the gate. This results in current loss, contributing to energy consumption and chip overheating. Additionally, quantum effects become relevant at atomic transistor sizes, introducing unpredictable variations in device behavior.

The use of graphene as a semiconductor offers a promising alternative to silicon due to its unique properties. The epitaxial graphene developed by the Georgia Tech researchers has demonstrated superior electron mobility, enabling increased efficiency and computational speed compared to silicon.  Bio-nylon fiber

Led by Professor Walter de Heer, the research team spent a decade perfecting graphene on silicon carbide wafers, resulting in epitaxial graphene bound to silicon carbide. Tests indicate that this material exhibits ten times higher electron mobility than silicon, translating to significantly faster electronic calculations.

The significance of this achievement is underscored by the material’s superiority to other two-dimensional semiconductors in development. Professor de Heer likened it to the first flight by the Wright brothers in aviation history.  Bio-nylon fiber

Epitaxial graphene production is compatible with conventional microelectronics processing methods and holds potential for future advancements in quantum computing. The breakthrough opens new possibilities for the electronics industry, promising increased speed, efficiency, and compatibility with existing manufacturing processes.

"Groundbreaking Achievement: World's First Graphene Semiconductor Unveiled by Georgia Tech Researchers"

Plastic Waste – Problems at world’s largest existing green hydrogen project will not be solved until late 2025, Sinopec admits 05-01-2024

Bio-nylon fiber

Plastic Waste – Problems at world’s largest existing green hydrogen project will not be solved until late 2025, Sinopec admits 05-01-2024

Plastic Waste

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Hyosung nears full operation as spandex demand recovers

Hyosung TNC’s creora® bio-based spandex [Image source: Hyosung TNC]

South Korea’s Hyosung TNC Co. recently saw its spandex production facility operating at a rate exceeding 90 percent as demand for the functional fiber shows signs of recovery.
According to industry sources on Tuesday, the operating rate at Hyosung TNC’s spandex production facility topped 90 percent as of the end of 2023. The increase in production is attributed to the rising demand for spandex in China, the largest exporter of petrochemical products.
According to NH Investment & Securities Co., spandex demand in China increased by 13.4 percent during the first ten months of 2023 from the same period the previous year, hitting 690,000 tons. Plastic Waste

China’s self-sufficiency rate in spandex products is declining, with spandex imports increasing by 88.1 percent and exports decreasing by 2.7 percent over the same period.
Demand for spandex is expected to remain robust this year. HI Investment & Securities Co. estimates the global increase in spandex demand to be around 100,000 to 110,000 tons in 2024, noting that the increased production capacity in China and India in the second half of 2023 was only around 77,000 tons.

Plastic Waste

Green Bioplastics Can Help Reduce Plastic Waste In Japan

A new study sheds light on the potential of green bioplastics in achieving Japan’s carbon-neutral goals.

In a new study, researchers from Kyushu University and a Yokohama-based startup called Sotas Co., Ltd. presented a novel approach to help meet Japan’s ambitious goals of carbon neutrality by 2050. Japan ranks second in producing plastic waste per capita, globally. The study, published in Sustainability, highlighted the importance of environment friendly bioplastics and called for a major change in the country’s policies.

The main way Japan currently gets rid of plastic waste is by thermal recycling or incineration, leading to release of carbon dioxide, a gas that contributes to climate change, into the atmosphere. Plastic Waste

This has prompted the government to seek out greener, less conventional means of reaching carbon neutrality.

“We have examined whether switching to more sustainable recycled plastics and bioplastics is a competitive and effective alternative to current carbon reduction policies,” said Andrew Chapman, professor at the International Institute for Carbon Neutral Energy and Research, Kyushu University, in an article published by the university. Chapman is the corresponding author of the study.

The researchers looked at six common plastic types. Four key criteria—global warming potential, cost, recyclability, and perceived quality for manufacturers—formed the basis of their analysis.  Plastic Waste

Plastic Waste

Problems at world’s largest existing green hydrogen project will not be solved until late 2025, Sinopec admits

Chinese oil giant suggests that the electrolysers at the 260MW Kuqa facility in northwest China are only operating at about 20% of capacity

Sinopec has admitted that the problems at its existing 260MW Kuqa green hydrogen project in northwest China — first revealed publicly by Hydrogen Insight last month — will not be fully resolved until late 2025.

The Chinese oil giant has also inadvertently pointed out that the facility in the Xinjiang region — the world’s largest — is only operating at about 20% of its planned capacity.

As Hydrogen Insight exclusively revealed, the alkaline electrolysers at the plant, which have been supplied by three different Chinese manufacturers (Cockerill Jingli, Longi and Peric), all have their own technical problems, but share the same problem — they cannot safely produce hydrogen when receiving electricity that results in the production of less than about 50% of its maximum output, according to research house BloombergNEF (BNEF). Plastic Waste

This is a major problem when the 260MW of electrolysers are directly powered by 361MW of solar power (and wind energy bought from the grid at added cost), and has resulted in far lower production levels than the 20,000 tonnes of green hydrogen expected annually.

In what has widely been reported in China as a response to BNEF’s findings, Sinopec issued two statements on Christmas Day on the Chinese social network website Weibo, which attempted to change the narrative on the project. Plastic Waste

“As of December 21, the project has been operating smoothly for 4,200 hours, with a cumulative 22.36 million cubic metres of green hydrogen transported to the end-user Tahe Refining and Chemical [a Sinopec subsidiary],” the company posted.

More…

Plastic Waste

Trioworld to acquire Wentus

On December 30, Trioworld Group signed an agreement to acquire the German company Wentus GmbH (Wentus), a leading player in solutions for high-performance food-, consumer- and hygiene packaging, from Egeria Group.

“We are very pleased and excited to welcome Wentus into the Trioworld group. The acquisition will give us the opportunity to grow an even stronger position in the market for advanced food-, consumer- and hygiene packaging, in Europe and in North America. Wentus has a proven track record of supplying the market with premium products and superior support, to maximize value for customers.  Plastic Waste

“We have great confidence in the capabilities of the Wentus organization and management and look forward to joining forces and continuing the successful journey” says Andreas Malmberg, CEO of the Trioworld Group.

“We are very pleased to have found a partner in Trioworld that is a perfect fit for us and whose product portfolio is ideally complemented by Wentus. We are looking forward to working with a professional and ambitious team that we have already had the opportunity to get to know intensively during the sales process and whose management culture suits us well” says Mr. Christof Renz, Managing Director of Wentus. Plastic Waste

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Trioworld to acquire WentusTrioworld to acquire WentusTrioworld to acquire Wentus

Egypt’s parliament approves law for green hydrogen incentives

Egypt’s parliament on Tuesday gave the green light to a law introducing incentives for the production of green hydrogen and its derivatives as the country seeks to become a major producer and exporter of the clean fuel.

The law seeks to endorse incentives, exemptions, and guarantees to retain existing investors who have committed to green hydrogen production and its derivatives through memorandums of understanding and framework agreements. Plastic Waste

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The nation has secured 29 Memorandums of Understanding (MoUs) for green hydrogen. Among these, following the hosting of COP27 in 2022, nine framework agreements have been signed for green hydrogen projects within the Suez Canal Economic Zone (SCZone), totalling investments amounting to USD 85 billion (EUR 77.58bn).

The goal is to establish an appealing investment environment that empowers these investors to accelerate the execution of their projects within Egypt, with the goal of positioning the country as a global hub for green hydrogen. Plastic Waste

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Egypt's parliament approves law for green hydrogen incentives

Following weak downstream demand in 2023, European Ethylene prices may continue to fall in Q1 2024

The European Ethylene market is poised to conclude 2023 with a stronger sentiment, driven by increasing upstream values. However, market players report limited demand for Ethylene from the downstream polyEthylene and Ethylene oxide industry across the regional market due to a weak buying appetite among consumers. This limitation, however, has not been sufficient to drive Ethylene price realizations lower.

Throughout 2023, EU countries faced substantial challenges, including firm inflation, rising interest rates by the central bank, economic slowdown, elevated natural gas, and electricity prices against the backdrop of the energy crisis resulting from the Russia-Ukraine war.  Plastic Waste

This crisis has impacted the prices of several commodities, including Ethylene. Moreover, it is expected that European chemical makers may face a challenging market again in 2024 as weak economic growth and oversupply weigh on the Ethylene market.

According to the latest ChemAnalyst database, Ethylene prices in the German market increased by USD 10/MT in the last week of December 2023.

The rise in feedstock naphtha prices in the prior week has resulted in higher manufacturing costs of Ethylene across the domestic market, leading to bullish market sentiments among manufacturers.  Plastic Waste

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Following weak downstream demand in 2023, European Ethylene prices may continue to fall in Q1 2024

SÜDPACK expands its involvement in CARBOLIQ

With effect from January 2, 2024, SÜDPACK has acquired additional shares of CARBOLIQ GmbH and appointed Dirk Hardow as Managing Director. By doing so, SÜDPACK is demonstrating its commitment to a closed-loop system for plastics and to chemical recycling as a complementary recycling technology. Dirk Hardow, who as Manager of the BU FF&C is responsible for matters such as the development and implementation of closed-loop models, will lead the company as its managing director in the future.  Plastic Waste

The acquisition of a majority stake in CARBOLIQ was signed on December 15. For Erik Bouts, CEO of SÜDPACK, this is “the logical next step. We regard CARBOLIQ technology as an indispensable building block in our industry’s process of transformation towards a circular economy.”

With the acquisition, the film manufacturer is simultaneously substantiating its leading position in terms of a circular economy in the industry for flexible packaging. Because so far, SÜDPACK is the only manufacturer of flexible films with direct access to capacities for chemical recycling.  Plastic Waste

“We believe quite profoundly in the benefits of this advanced technology compared to other oiling processes,” highlighted Dirk Hardow. “In terms of energy consumption and the processing window for a broad range of recyclables, CARBOLIQ technology offers significant advantages in comparison to other processes from our point of view,” elaborated Hardow.

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SÜDPACK expands its involvement in CARBOLIQ

Plastic Waste

Enzymatic recycling – Scientists developed a new family of polymers that can kill bacteria 04-01-2024

Enzymatic recycling

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Onset of 2024 Sees Asia’s Naphtha Prices Falling Below $100 per Tonne

The naphtha markets in Asia commenced 2024 on a downtrend, responding to the surge in crude oil benchmarks fueled by geopolitical tensions in the Gulf of Aden. The crack experienced a significant dip, plummeting by approximately $19 to $88.85 per metric ton relative to Brent crude.

On the Singapore trade window, naphtha witnessed no trading activity. However, the cracks found support from a series of transactions involving the benchmark-grade of gasoline. Enzymatic recycling

Unipec, a prominent trader, acquired 200,000 barrels of the 92-octane grade of transportation fuel. Simultaneously, Vitol secured 300,000 barrels of the same grade.

In the realm of refined fuel export quotas, China took a notable step by issuing its initial quotas for 2024, totaling 19 million metric tons. This volume remained unchanged from the previous year and aligned closely with market expectations. The stability in export quotas indicates a consistent approach from China in navigating the refined fuel landscape.

Oil prices experienced a surge in the first trading session of the New Year, propelled by several factors. Enzymatic recycling

The possibility of disruptions in Middle East supply chains following a naval clash in the Red Sea contributed to the upward momentum. Additionally, optimistic sentiments arose from expectations of robust holiday demand and economic stimulus in China, the world’s leading importer of crude oil.

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Onset of 2024 Sees Asia's Naphtha Prices Falling Below $100 per Tonne

Scientists developed a new family of polymers that can kill bacteria

A major step in the fight against superbugs like E. coli and MRSA.

The World Health Organization has recognized the swift emergence of antibiotic-resistant bacteria as a global threat, urging the urgent development of new antibiotics. Cationic polymers, a promising class of bioactive agents, induce bacterial cell death by physically disrupting their membranes. However, the polymerization processes must be carefully designed to optimize the therapeutic potential of cationic polymers.

Scientists, led by Texas A&M University, have made progress in addressing the threat of antibiotic resistance by developing a new family of polymers. These polymers can kill bacteria without disrupting the microorganisms’ membranes without inducing antibiotic resistanceEnzymatic recycling

The recently synthesized polymers hold potential in combating antibiotic resistance by offering antibacterial molecules that operate through a mechanism resistant to development by bacteria.

The Michaudel Laboratory, operating at the intersection of organic chemistry and polymer science, synthesized the new polymer. This involved designing a positively charged molecule that could be repetitively stitched to create a large molecule with the same repeating set motif using a catalyst named AquaMet. The catalyst’s unique capability to tolerate high concentrations of charges while being water-soluble proved crucial for this process.  Enzymatic recycling

More…

Enzymatic recycling

Bizente project evaluates enzymatic recycling for resins, composites

Among the latest advances are toxicity tests, used to evaluate the effect of different resins and plastic degrading on aquatic and terrestrial organisms, and thus determine the technology’s long-term sustainability.

The EU project Bizente, coordinated by the Aitiip Technology Centre (Zaragoza, Spain), is facing its last months of work. The 3-year research, aided by an international consortium made up of a dozen partners, has announced the development of an enzymatic technology for recycling thermoset composites, to give them a second life. Through protein engineering, Bizente has successfully molecularly modified enzymes and resins, making them suitable for controlled biodegradation in a bioreactor. Sectors such as aviation and construction could benefit.  Enzymatic recycling

Among the latest advances are the toxicity tests being carried out by a group of scientists from the University of Cadiz (Spain), in collaboration with the rest of the project consortium, with the aim of evaluating the effect of different resins and plastic degrading products developed within the framework of the project on aquatic and terrestrial organisms, such as earthworms. The laboratory is studying these invertebrates as model organisms of great importance in the terrestrial ecosystem and as indicators of soil health. They are also beginning to work with artemia (brine shrimp), as they are considered the base of the trophic chain in aquatic systems.

In this way, the environments in which these materials could biodegrade are being recreated, and their degree of toxicity measured, taking into account possible anomalies in the different organisms. In the case of the worms, the observation examines whether external alterations occur, such as changes in weight, swelling, lesions, spasms, coiling, attempts to escape, lethargy and a host of strange behaviors, in addition to whether mortality is reached. Enzymatic recycling

More…

Enzymatic recycling

World’s largest economy US holds strong despite challenges: CEBR

  • In 2023, the world’s largest economy showcased resilience with a PPP-adjusted GDP per capita of $80,412, and growth rates of 2.1 per cent in 2022 and 2.2 per cent in 2023, despite aggressive rate hikes.
  • Consumer spending, bolstered by employment, fuelled this growth, but cooling is expected due to fiscal reductions and interest rate effects.

In a year filled with economic hurdles, the world’s largest economy stood resilient, boasting an estimated Purchasing Power Parity (PPP)-adjusted GDP per capita of $80,412 in 2023. Despite the Federal Reserve’s aggressive interest rate hikes totalling a full percentage point, the nation’s economy surpassed expectations with a growth rate of 2.1 per cent in 2022, accelerating slightly to 2.2 per cent in 2023, the Centre for Economics and Business Research (CEBR) said in a recent report. Enzymatic recycling

Consumer spending, buoyed by employment strength, played a pivotal role in the year’s economic narrative. However, as 2024 approaches, the economic landscape appears more subdued. The delayed effects of interest rate hikes and reductions in fiscal spending are expected to cool consumer expenditure and overall economic momentum, as per the CEBR report titled ‘World Economic League Table 2024’.

Inflation, which moderated to an estimated 4.1 per cent in 2023, remains a focal point. Despite a downward trend, prices are projected to stay above the Federal Reserve’s 2 per cent target into 2024, keeping policymakers and consumers watchful.

Enzymatic recycling

“Electric Cars and Environmental Impact: A Detailed Study Reveals the True Picture”

In the ever-expanding landscape of European and global transportation, electric cars have become a well-established reality. However, a recent study by the VDI, the Association of German Engineers, has shed light on the environmental impact of electric cars compared to conventional ones, examining various parameters. Enzymatic recycling

The study reveals that currently, Battery Electric Vehicles (BEVs) face a disadvantage due to the substantial carbon dioxide emissions associated with battery production. The “break-even point” for CO2 emissions between an electric car and a conventional one is shifted over the years and mileage. While electric cars compensate for emissions during operation by producing no exhaust emissions, this only partially offsets the environmental impact linked to vehicle production.

The VDI’s expert group conducted a detailed study comparing the ecological balance of electric cars, plug-in hybrids, and conventionally fueled diesel and gasoline vehicles in the German market. Results show that electric cars in this category reach an emissions equilibrium after approximately 90,000 km. Looking further, up to a mileage of 200,000 km, electric and hybrid cars outperform diesel and gasoline cars in terms of carbon footprint. Enzymatic recycling

However, it’s crucial to note that electric cars, like hybrids, carry a significant CO2 burden from their inception. This is primarily attributed to production in Asia, where most battery cells originate, causing substantial greenhouse gas emissions during transport. To address this, the VDI President, Joachim Damasky, suggests a solution: a substantial and rapid expansion of renewable energy production, green battery development, and sustainable fuel for existing vehicles.

For electric cars to truly become environmentally friendly, Damasky proposes producing them as close to the factories as possible, minimizing transportation emissions and utilizing cutting-edge fuel technologies. This approach could potentially lower the emissions break-even point, currently set at 90,000 km, encouraging more motorists to embrace the environmentally friendly aspects of electric vehicles. Enzymatic recycling

"Electric Cars and Environmental Impact: A Detailed Study Reveals the True Picture"

Breakthrough in Solid-State Batteries: A More Powerful and Affordable Future

Researchers at MIT and German engineers have developed innovative solid-state batteries with crystallized electrolytes. The pursuit of innovation in batteries is driven by two key priorities: performance and cost. The market demands increasingly powerful products while also seeking affordable energy storage solutions for the anticipated rise of economical electric vehicles. Enzymatic recycling

While lithium-ion batteries continue to improve in energy density and production cost reduction, the U.S. Department of Energy believes additional technologies are crucial for a definitive leap into the future. This is where MIT and the University of Munich researchers come into play.

Led by Jennifer Rupp from MIT, the team collaborated with German engineers from the Faculty of Engineering in Munich.  Enzymatic recycling

They created a new battery type utilizing solid-state electrolyte cells and lithium metal anodes instead of conventional graphite.

The groundbreaking aspect of this new battery lies in its solid electrolyte, derived not from traditional ceramic type but from a liquid containing lithium oxide, crystallized through a novel synthesis process.

Advantages of the New Production Method:

As reported in Angewandte Chemie, the solid electrolyte, produced through lithium ion crystallization, enables the creation of high-performance batteries at lower costs, ensuring safer energy storage without the formation of dendrites and without containing flammable elements.  Enzymatic recycling

These results have attracted the interest and funding support of the U.S. National Science Foundation, highlighting the potential of these innovative production methods. Thanks to the collaborative efforts of MIT and the University of Munich, solid-state batteries might be a step closer to reality.

Breakthrough in Solid-State Batteries: A More Powerful and Affordable Future

China Launches Trials for World’s Largest Plant Converting Coal-to-Ethanol

In a groundbreaking development, southeastern China has witnessed the initiation of test operations at the world’s largest coal-based ethanol production facility. With an impressive annual capacity of 600,000 tonnes, this pioneering plant marks a departure from conventional practices by harnessing coal, rather than crops, as the primary raw material for ethanol production.

Ethanol, valued as both a basic chemical and a petrol additive, stands out as a renewable energy source with properties akin to petrol. This move represents a significant stride in China’s endeavor to alleviate pressure on food sources while concurrently reducing dependence on fuel ethanol imports. Enzymatic recycling

The strategic choice of coal, specifically low-grade coal abundantly available in China, breaks away from traditional ethanol production methods that often involve corn or sugar cane. This shift addresses the critical concern of potential competition between ethanol production and the global food supply, a concern amplified by China’s escalating grain prices. In response to these challenges, China, endowed with vast coal reserves, seeks to carve out a sustainable and secure pathway by diverting from traditional raw materials, potentially saving millions of tonnes of grain annually.

The ramifications of this new production pathway extend beyond the realm of food security, encompassing broader implications for China’s energy security and the chemical industry supply chain. Enzymatic recycling

More…

China Launches Trials for World's Largest Plant Converting Coal-to-Ethanol

Postponement of Italian Plastics Tax to July 2024

Italy has once again delayed the implementation of the Single-Use Plastics Consumption Tax (MACSI), marking the sixth extension. The Italian Parliament, in its year-end Budget Law, granted another postponement for the tax on single-use plastic products, originally scheduled to take effect on January 1, but now rescheduled to commence on July 1, 2024, along with the ‘sugar tax’.  Enzymatic recycling

Initially approved in the 2020 Budget Law, the Italian plastics tax imposes a levy of 450 euros per ton (0.45 euros per kg) on single-use plastic packaging made from virgin plastic, including films and preforms. The scope of the tax excludes compostable plastics compliant with UNI EN 13432, recycled plastics, and all medical devices and pharmaceutical packaging.

Despite six consecutive delays, the enforcement of the regulation is still pending the issuance of guidelines by the Director of the Customs and Monopolies Agency (ADM) to define the application rules.

The continual postponements raise questions about the readiness and consensus on the implementation of the plastics tax in Italy.  Enzymatic recycling

Postponement of Italian Plastics Tax to July 2024

Pyrolysis Plastic – BRICS to double membership on January 1 as UAE, others join 03-01-2024

Enzymatic recycling

Pyrolysis Plastic – BRICS to double membership on January 1 as UAE, others join 03-01-2024

Pyrolysis Plastic

“The right choice for your production”

 “Plastic that makes the difference”

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Pyrolysis Plastic Recycling: A Sustainable Solution for Plastic Waste

In the face of the escalating global plastic waste crisis, pyrolysis has emerged as a promising solution to tackle the environmental impact of plastic pollution. Pyrolysis is a chemical process that involves breaking down plastic materials into their constituent elements at high temperatures in the absence of oxygen. This innovative recycling method offers a sustainable alternative to traditional disposal methods, such as landfilling or incineration.

Pyrolysis not only mitigates the environmental impact of plastic waste but also has the potential to generate valuable products.  Pyrolysis Plastic

The process yields liquid fuels, gases, and solid residues, which can be further refined or used in various industries. This circular approach to plastic recycling aligns with the principles of a circular economy, minimizing resource consumption and environmental harm.

One key advantage of pyrolysis is its ability to handle various types of plastic, including mixed and contaminated plastics that are challenging to recycle through conventional methods. This versatility makes pyrolysis a comprehensive solution for the diverse range of plastic waste generated globally.  Pyrolysis Plastic

Despite its potential, challenges such as scalability, cost-effectiveness, and regulatory frameworks need to be addressed for widespread adoption of pyrolysis plastic recycling. As research and development continue, pyrolysis stands as a beacon of hope in the quest for sustainable and efficient plastic waste management.

Pyrolysis Plastic

“2023: The Year China Hit the Brakes”

“China’s economy, once the envy of the world, has slowed down dramatically in 2023, facing multiple challenges at home and abroad. What went wrong and what lies ahead for the world’s second-largest economy?”
• China’s growth in 2023 falls short of expectations, as COVID-19 restrictions, real estate crisis, and foreign pressure weigh on the economy.
• China faces structural problems, such as debt, ageing, and low productivity, that require market reforms and social changes.
• China’s economic performance has global implications, as it affects trade, investment, and geopolitics.  Pyrolysis Plastic
• China’s zero-COVID policy has led to the closure of several cities, affecting millions of people and disrupting supply chains. For instance, the lockdown of Xi’an, a major industrial hub, in December 2023 has caused severe shortages of coal, steel, and other materials.
• China’s real estate sector, which accounts for about 25% of GDP, has been hit by a wave of defaults and bankruptcies, as property developers struggle to repay their debts. The most prominent case is Evergrande, the world’s most indebted developer, which has failed to meet several interest payments and faces legal actions from creditors and protesters.
• China’s relations with the West have deteriorated in 2023, as the US and its allies have imposed sanctions, tariffs, and bans on Chinese companies and officials over human rights, cybersecurity, and territorial disputes.  Pyrolysis Plastic
The most controversial issue is the use of frozen Russian assets, worth over 200 billion euros, to fund Ukraine’s reconstruction after the Russian invasion, which China has strongly opposed and threatened to retaliate.
Pyrolysis Plastic

BRICS to double membership on January 1 as UAE, others join

UAE, Saudi Arabia, Egypt, Iran, Ethiopia have all confirmed joining the bloc, says official

The BRICS group will double its membership on January 1, as the UAE, Saudi Arabia, Egypt, Iran and Ethiopia join the alliance, South Africa’s envoy to the bloc has confirmed, according to a Bloomberg report.

The five existing members of the alliance, Brazil, Russia, India, China and South Africa, had invited six new countries to join the group last August. Out of the six states, only Argentina declined. Pyrolysis Plastic

This month, representatives from the UAE, Saudi Arabia, Egypt, Iran and Ethiopia attended a BRICS sherpa gathering in Durban, South Africa, indicating that the five states “have accepted the invitation” to join the bloc, Anil Sooklal, Pretoria’s ambassador to the group, told Bloomberg.

The five countries are also expected to send their representatives to another sherpa meeting in Moscow on January 30.

Last August, the UAE announced it is joining the group after a successful application, citing that its decision to become a member reflects the country’s keenness to “champion the value of multilateralism”.  Pyrolysis Plastic

“This development forms part of the UAE’s commitment to promoting constructive dialogue through active platforms that represent developing and emerging economies,” Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, had said.

“The UAE has consistently championed the value of multilateralism in supporting peace, security and development globally.”

Pyrolysis Plastic

The introduction of a new reversible glue will bring about changes in recycling methods

A reversible glue has been developed by engineers that promises to revolutionize recycling processes. This water-based adhesive can eliminate bottle labels and help recycle materials while decreasing landfill waste.

A new type of adhesive has been developed by engineers at Newcastle University, which has the potential to revolutionize recycling practices.  Pyrolysis Plastic

The reversible feature makes it suitable for multiple purposes, such as removing the labels on bottles to streamline recycling.

Newcastle University’s School of Engineering experts developed a water-based emulsion that acts as a paint and can be separated by acidic or alkaline water.

The adhesive uses polymers with electrical charges to ensure stability and adhesion to different surfaces. If a positively charged emulsion is applied to a negatively charged emulsion, the resulting adhesive will stick together, but the bond may break if it is submerged in water with moderate pH (about lemon juice or lemon) or alkaline, opening up possibilities for recycling, as components that have already reached their expiration date can be separated on demand.  Pyrolysis Plastic

The School of Engineering’s Research Associate, Dr. Adriana Sierra-Romero, reported that Biffa’s recycling plant can remove a propylene label stuck to a PET bottle using our glue, as demonstrated by the first author.

More…

The introduction of a new reversible glue will bring about changes in recycling methods

Upcycling plastic into textiles offers two-in-one solutions

With billions of plastic bottles in production, making clothing from recycled PET provides a sustainable means to manage plastic, while mitigating the negative effects of the textile industry on the environment.  Pyrolysis Plastic

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As the world struggles to cope with plastic waste, we continue to rely on virgin resources for most textile production. With billions of plastic bottles in production, making clothing from recycled PET provides a sustainable means to manage plastic, while mitigating the negative effects of the textile industry on the environment.

DGrade has been supplying sustainably made Greenspun™ clothing produced from recycled plastic bottles since 2010. Sustainability has become a much higher priority in the Middle East since the company started, but more action is still needed especially in sustainable sourcing.  Pyrolysis Plastic

Environmental impact of textile industry

Traditional means of textile production are not sustainable. The textile industry accounts for 10% of carbon emissions produced annually, contributes to pollution, and relies heavily on resources for production.

Cotton, for example, requires a large amount of land for crop cultivation, vast quantities of water and pesticides and fertilisers to grow. This contributes to the pollution of waterways and the utilisation of land better used for growing food crops. At the same time virgin polyester is also in high demand with more than 60 million metric tonnes produced annually, yet it also drains resources including oil, water, and energy.

Producing yarn from recycled plastic bottles diverts plastic from landfills and saves 55% carbon emissions, 50% energy, 20% water, and uses no oil, compared to making conventional polyester yarn.  Pyrolysis Plastic

More…

Upcycling plastic into textiles offers two-in-one solutions

In the realm of electric vehicles, a transformative shift is underway, fueled by the emergence of nearly limitless batteries

Electric vehicles, heralded as the future of global transportation, symbolize a joint effort by manufacturers to reshape energy and environmental landscapes. While Europe faces challenges in adopting electric mobility due to complex electricity markets, the United States and the Far East embrace electric vehicles as best-sellers.
Despite Italy’s wealth of electric cars, its automotive industry lags in development. However, a groundbreaking battery named “Ciic” from China’s Catl promises unprecedented autonomy, potentially reaching 1000 kilometers with a mere 10.5 kWh per 100 km.  Pyrolysis Plastic
Revealed at the Dishui Lake Summit, the Ciic battery not only extends autonomy but also offers rapid charging, providing a 300 km range in just 5 minutes.
Catl envisions the Ciic platform reducing production costs, vehicle weight, and energy consumption. Hozon Auto, in collaboration with Catl, plans to integrate Ciic into models by the end of 2024.
Simultaneously, Gotion is transforming its cell production with the “Astroinno L600” battery. This battery, enriched with manganese, achieves remarkable energy density, boasting 240 Wh/kg and 525 Wh/L.
The Astroinno battery excels with over 4,000 charging cycles, an 18-minute full recharge time, and a 1,000 km autonomy.  Pyrolysis Plastic
Qian Cheng, executive chairman of Gotion Global, emphasizes the Astroinno battery’s high energy density, eliminating the need for NCM material. As these innovations unfold, electric vehicles are set for a greener and more efficient future in the global automotive industry.
In the realm of electric vehicles, a transformative shift is underway, fueled by the emergence of nearly limitless batteries

Advancements in Carbon Fiber Recycling: A Sustainable Solution

Carbon fiber, a lightweight and high-strength material, has become a staple in industries ranging from aerospace to automotive. However, as the use of carbon fiber continues to grow, so does the need for sustainable practices in its production and disposal. Carbon fiber recycling has emerged as a promising solution to address environmental concerns associated with its manufacturing and end-of-life management.  Pyrolysis Plastic

Traditional methods of carbon fiber production involve energy-intensive processes, contributing to a significant carbon footprint. Recycling offers a way to mitigate these environmental impacts by repurposing used or scrap carbon fiber materials. Unlike some materials that degrade in quality during recycling, carbon fiber can maintain its structural integrity through various recycling techniques.

Advanced technologies in carbon fiber recycling involve breaking down composite structures to recover high-quality carbon fibers. This process not only reduces the demand for new raw materials but also decreases energy consumption compared to traditional manufacturing methods.

Additionally, recycling carbon fiber helps divert significant amounts of waste from landfills, contributing to a circular economy.  Pyrolysis Plastic

As industries strive to meet sustainability goals, the adoption of carbon fiber recycling is a crucial step forward. Researchers and manufacturers are actively exploring innovative techniques to improve the efficiency of recycling processes, making carbon fiber an even more environmentally friendly choice for a wide range of applications. Embracing these advancements in carbon fiber recycling will undoubtedly contribute to a greener and more sustainable future.

Advancements in Carbon Fiber Recycling: A Sustainable Solution

Plastics Production – Russia Witnesses 11.3% Surge in Plastics Production Over Four Months 02-01-2024

Pyrolysis Plastic

Bright-chip rPET – Reliance Industries pioneers chemical recycling of plastic waste into certified circular polymers 02-01-2024

“The right choice for your production”

 “Plastic that makes the difference”

Bright-chip rPET

Bright-chip rPET

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Bright-chip rPET

Bright-chip rPET

 

Polyestertime
ITEM 26/12/2023 02/01/2023 +/-
Bottle grade PET chips domestic market 6,925 yuan/ton 6,975 yuan/ton +50
Bottle grade PET chips export market 885 $/ton 895 $/ton +10
Filament grade Semidull chips domestic market 6,730 yuan/ton 6,790 yuan/ton +60
Filament grade Bright chips domestic market 6,730 yuan/ton 6,790 yuan/ton +60
Pure Terephthalic Acid PTA domestic market 5,850 yuan/ton 5,940 yuan/ton +90
Pure Terephthalic Acid PTA export market 730 $/ton 740 $/ton  

+10

 

Monoethyleneglycol MEG domestic market 4,380 yuan/ton 4,385 yuan/ton +5
Monoethyleneglycol MEG export market 517 $/ton 520 $/ton +3
Paraxylene PX FOB  Taiwan market

Bright-chip rPET

1,024 $/ton 1,020 $/ton
-4
Paraxylene PX FOB  Korea market 1,001 $/ton 997 $/ton -4
Paraxylene PX FOB EU market 1,050 $/ton 1,050 $/ton
Polyester filament POY 150D/48F domestic market 7,600  yuan/ton 7,600 yuan/ton
Recycled Polyester filament POY  domestic market 7,550 yuan/ton 7,600 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 8,900 yuan/ton 8,900 yuan/ton
Polyester filament FDY 68D24F

Bright-chip rPET

8,900 yuan/ton 8,900 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,225 yuan/ton 8,225 yuan/ton
Polyester staple fiber 1.4D 38mm domestic market 7,300 yuan/ton 7,300 yuan/ton
Caprolactam CPL domestic market 13,750 yuan/ton 13,800 yuan/ton
+50
Caprolactam CPL overseas  market 1,600 $/ton 1,600 $/ton
Nylon 6 chips overseas  market 1,850 $/ton 1,880 $/ton +30
Nylon 6 chips conventional spinning domestic  market 14,350 yuan/ton 14,400 yuan/ton +50
Nylon 6 chips  high speed spinning domestic  market

Bright-chip rPET

14,600 yuan/ton 15,000 yuan/ton +400
Nylon 6.6 chips domestic  market 19,600 yuan/ton 19,500 yuan/ton -100
Nylon6 Filament POY 86D/24F domestic  market 16,600 yuan/ton 17,050 yuan/ton +450
Nylon6 Filament DTY 70D/24F domestic  market 18,850 yuan/ton 19,200 yuan/ton- +350
Nylon6 Filament FDY  70D/24F  17,450 yuan/ton 17,850 yuan/ton +400
Spandex 20D  domestic  market

Bright-chip rPET

34,500 yuan/ton 34,500 yuan/ton
Spandex 30D  domestic  market 33,000 yuan/ton 33,000 yuan/ton
Spandex 40D  domestic  market  30,000 yuan/ton 30,000 yuan/ton
Adipic Acid domestic market 9,100 yuan/ton 9,500 yuan/ton +400
Benzene domestic market

Bright-chip rPET

7,280 yuan/ton 7,455 yuan/ton +175
Benzene overseas  market 882 $/ton 882 $/ton
Ethylene South East market 850 $/ton 850 $/ton
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

Bright-chip rPET

9,700 yuan/ton 9,700 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,650 yuan/ton 12,650 yuan/ton
PP Powder domestic market

Bright-chip rPET

7,330 yuan/ton 7,200 yuan/ton -130
Naphtha overseas market  674 $/ton 672 $/ton -2
Phenol domestic market 7,725 yuan/ton 7,475 yuan/ton -300

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

Bright-chip rPET

Reliance Industries pioneers chemical recycling of plastic waste into certified circular polymers

Reliance Industries Ltd (RIL) has achieved a significant milestone by becoming the first Indian company to engage in the chemical recycling of plastic waste-derived pyrolysis oil, transforming it into International Sustainability & Carbon Certification (ISCC)-Plus certified circular polymers. This groundbreaking initiative, showcased through the innovative product line named CircuRepol™ (polypropylene) and CircuRelene™ (polyethylene), reflects RIL’s steadfast commitment to addressing plastic waste challenges and promoting a circular economy in India.  Bright-chip rPET

RIL, a diversified conglomerate spanning from oil to telecommunications, recently dispatched its inaugural shipment of ISCC-Plus-certified circular polymers, bearing the names CircuRepol™ and CircuRelene™. This accomplishment aligns seamlessly with RIL’s overarching vision of leveraging technology to revolutionize plastic recycling. By converting various types of plastic waste, including single-use and multi-layered plastics, into pyrolysis oil, RIL is actively collaborating with trusted partners to upscale oil production and translate the output into specialized circular polymers.

Notably, RIL’s Jamnagar refinery has earned the distinction of being the first refinery to secure the crucial ISCC-Plus certification, validating its capability to manufacture circular polymers through chemical recycling. This certification ensures rigorous adherence to traceability and manufacturing protocols, thereby establishing new benchmarks for circular economy practices.  Bright-chip rPET

RIL’s breakthrough technology not only contributes positively to environmental conservation but also offers the potential to produce high-quality materials for new plastics, particularly for food-contact packaging.

Reliance Industries pioneers chemical recycling of plastic waste into certified circular polymers

Plastics Production – Russia Witnesses 11.3% Surge in Plastics Production Over Four Months 02-01-2024

Plastics Production

“The right choice for your production”

 “Plastic that makes the difference”

Bright-chip rPET – Reliance Industries pioneers chemical recycling of plastic waste into certified circular polymers

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Plastics Production

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

MadeRight, an innovative Israeli startup established in 2022 by Yotam David and Rotem Cahanovitc, is revolutionizing plastic packaging by harnessing the power of fungi

By cultivating fungi on industrial organic waste, typically considered challenging to manage, MadeRight transforms these waste streams into valuable biomaterials. This groundbreaking approach offers a sustainable alternative to traditional plastic production, reducing reliance on fossil fuels.  Plastics Production

The material developed by MadeRight seamlessly integrates into existing supply chains and packaging machinery, minimizing the need for significant manufacturing workflow adjustments. In a world grappling with the escalating plastic waste crisis, where 400 million tons of plastic packaging is generated annually, constituting 40% of global plastic production, MadeRight’s solution addresses the urgent need for more sustainable practices.

Plastic packaging, often laden with chemical additives for extending shelf life, poses challenges for recycling and composting. MadeRight addresses this predicament by replacing these additives with its fermented material.  Plastics Production

The startup grows fungi on diverse organic waste sources, such as food, agriculture, and wood chips, creating biomass that, when combined with fossil plastics, substitutes functional plastic additives.

Founded by individuals with a shared passion for fungi, MadeRight not only offers an environmentally friendly solution but also taps into a substantial market. With the global food packaging sector estimated at $363 billion and projected to reach $512 billion by 2028, the startup’s impact extends beyond ecological considerations.

Despite facing challenges, including relocating due to regional conflicts, MadeRight perseveres. Cahanovitc, the CEO, emphasizes the resilience of the company and its commitment to delivering sustainable solutions even in the face of adversity.

The potential of MadeRight’s approach lies in bridging gaps hindering the transition to eco-friendly packaging materials while leveraging the inherent qualities of fungi in the production process.  Plastics Production

Beyond Conventional Degradation: Catalytic Solutions for Polyolefin Upcycling

Polyolefins (POs, i.e., polyethylenes, ethylene/α-olefin copolymers, and polypropylenes) are the most ubiquitous synthetic macromolecular materials in modern life. Their widespread use and low recovery rate after extensive usage have caused significant resource waste and environmental concerns. Chemical recycling of POs provides an efficient approach to unravelling the polymer chain to various chemicals. However, conventional chemical recycling methods, including pyrolysis, hydrocracking, and oxidation, require high-energy input (typically >500 °C) and/or the use of environmentally unfriendly chemicals, leading to complex product distribution. Plastics Production 

In this minireview, based on recent representative works, we summarize and highlight catalytic strategies addressing these issues in PO recycling from two perspectives: (1) employing advanced catalysts or technique designs to overcome the challenges in conventional chemical deconstruction approaches; and (2) developing novel tandem/cascade catalytic systems for highly selective PO upcycling under relatively mild conditions. We hope that this minireview will help researchers better understand the state of the art of PO chemical recycling and inspire more innovative and efficient ideas for this fast-developing field.

Introduction

Due to its durability and relatively low production cost, plastic has become one of the most ubiquitous synthetic materials in our modern world.  Plastics Production

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Plastics Production

Russia Witnesses 11.3% Surge in Plastics Production Over Four Months

Over the course of 11 months in 2023, Russia has witnessed a noteworthy uptick in the production of plastics in primary forms, marking a 3.4% increase compared to the corresponding period in the previous year. This positive trajectory is primarily fueled by heightened production levels of polyethylene (PE) and formaldehyde resins, although the recent months have seen a somewhat less substantial increase in PE, standing at 1.8%. Nevertheless, the sheer volume of PE produced, surpassing other polymers, has contributed to an overall favorable trend in the broader plastics category.

The surge in the production of formaldehyde resins has been more pronounced, exhibiting a robust 9.6% increase over the 11-month period.  Plastics Production

Notably, this escalation in output began in September, with figures for the preceding eight months trailing behind the results recorded in the same period of the previous year.

On the flip side, the production of polyvinyl chloride (PVC) has shown signs of improvement. While the volume of PVC production at the end of nine months was 2022.6% lower than the figures from the previous year’s six-month results, by the conclusion of the 11-month period, they essentially equalled the levels recorded in the corresponding period of the prior year.

In contrast, polyamides remain on the lower end of the spectrum, experiencing a substantial decline of 20.2% over the 11-month period compared to the same period in the previous year.  Plastics Production

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Plastics Production

Secondary supplies and importance of recycling

PGMs are valuable due to their unique properties and rarity. Because of this, recycling (also known as secondary supplies) is critical to conserve these precious resources and meet market demand.

Depending on the application, most PGMs are recoverable through the product lifecycle. Once recycled, secondary PGM has exactly the same properties as primary PGM, so ost of the PGM mined to date is still either in use or in a useable form. Plastics Production

PGMs are reused in two ways:

Open-loop recycling

The original purchaser of the metal does not retain control of the PGM, so the metal is available to the market once recovered. It contributes to market supply and helps bridge the gap between supply and demand.

Closed-loop recycling

Metal is retained within the same application by the same owner. For example, PGM recycled from spent chemical catalyst used make fresh catalyst to replace it. Because the net amount of metal in use has not changed, the ‘returned’ metal does not count as market supply, but it reduces the need for fresh metal to be purchased and therefore makes demand more sustainable. Plastics Production

Secondary supplies and importance of recycling

Recycled Polyolefins Close Year Up From Fall Lows

Pledges to incorporate recycled polymer materials did not translate into increased prices for the commodity in 2023, with prices generally falling for all grades and types of reclaimed and reprocessed materials. According to weekly reports from Oil Price Information Service (OPIS), many prices peaked in May/June and fell sharply in August. Prices for polyolefin materials rose somewhat from September through December.

PE scrap prices rose early in the year, fell and then recovered somewhat. Reprocessed PE grades and PP exhibited similar pricing trends. Photo Credits: Adapted from OPIS weekly reports.  Plastics Production

Recycled PP also found higher prices toward the end of the year.

Prices of Polyester Bales and Reprocessed Materials Fall

Bottle grade PET fell most dramatically, from 88 cents/lb in January to 56 cents/lb in December. Reprocessed FDA clear PET also declined significantly, while other grades of bales and regrind remained relatively flat.

Price movement in scrap and reprocessed polyethylene terepthalate (PET) varied by grade, but were generally flat or down for the year.  Plastics Production

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Recycled Polyolefins Close Year Up From Fall Lows

Battery Recycling: Understanding Core Charges

What is a Core Charge?

A core charge is a deposit that is levied when purchasing certain automotive parts, including batteries, with the intention of encouraging the return of the old or used part for recycling. In the context of battery recycling, when a consumer purchases a new battery, they are often required to pay a core charge, which acts as a deposit or incentive to ensure the return of the old battery for proper recycling. This practice is prevalent in the automotive industry and is aimed at promoting environmental responsibility by facilitating the collection and recycling of used batteries.  Plastics Production

The core charge is essentially a refundable deposit that serves as an incentive for consumers to return their old batteries for recycling rather than disposing of them improperly. It is important to note that the core charge is typically included in the initial purchase price of the new battery, and the amount varies based on the type and model of the battery. Once the old battery is returned, the core charge is refunded to the consumer, provided that the returned battery meets the required criteria for recycling.

When purchasing a new battery, consumers should expect to see the core charge listed as a separate line item on their invoice or receipt. This transparent approach ensures that consumers are aware of the deposit and its purpose, thereby promoting accountability and environmental stewardship.  Plastics Production

The concept of core charges aligns with the principles of a circular economy, where products and materials are reused, recycled, or repurposed to minimize waste and reduce environmental impact. By incorporating core charges into the purchase of automotive batteries, manufacturers and retailers actively participate in promoting sustainable practices and encouraging the responsible disposal and recycling of used batteries.

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Battery Recycling: Understanding Core Charges

Biomass-derived PET – Garware Technical Fibres has introduced an innovative coatable High-Density Polyethylene (HDPE) braided knotted net, marking a significant milestone in the industry 30-12-2023

Plastics Production

Biomass-derived PET – Garware Technical Fibres has introduced an innovative coatable High-Density Polyethylene (HDPE) braided knotted net, marking a significant milestone in the industry 30-12-2023

Biomass-derived PET

“The right choice for your production”

 “Plastic that makes the difference”

The forthcoming edition of the Milanese biennial dedicated to machine tools, robots, and automation, known as BI-MU, will spotlight Composites as one of its prominent themes. Slated for October 9 to 12, 2024, at Fieramilano Rho, this international exhibition encompasses machine tools, robots, automation, digital and additive manufacturing, as well as auxiliary and enabling technologies

The introduction of a thematic area exclusively devoted to composite materials marks a significant development, with the Composites theme being one of the eight integral components of the event.  Biomass-derived PET

In collaboration with Assocompositi, a notable association in the Italian composite materials sector, BI-MU organizers are actively engaged in crafting conferences focused on technological innovations and applications within the realm of composite materials. The decision to highlight Composites stems from BI-MU’s historic role as a magnet for key players in the automotive, aerospace, and energy sectors. These industries, along with others, widely employ composite materials, metals, and additive solutions.

Alfredo Mariotti, the General Director of Ucimu, the association promoting the exhibition, underscores the resilience and adaptability of BI-MU, which, with a history spanning over 60 years, has evolved into a pivotal international showcase for production systems, automation, robotics, and digital manufacturing. Biomass-derived PET

The success of the 2022 edition, drawing in 50,000 participants, underscores the enduring relevance and appeal of BI-MU in the rapidly evolving landscape of manufacturing and technology exhibitions.

Biomass-derived PET

Dwindling Demand Casts a Pall Over the US HDPE Market in December 2023

In the initial half of December 2023, the HDPE market experienced a decline in Western markets, especially in the US. This drop in prices can be mainly attributed to the weak demand for HDPE globally and sufficient stock availability. The decrease in the costs of feedstock Ethylene and upstream Crude oil in the region has also contributed to the downward trend in HDPE prices. Further, geopolitical tensions in the Middle East, disruptions in the supply chain due to low water levels in the Panama Canal, and an attack by Houthi rebels, affecting transportation in the Red Sea amidst an economic slowdown, have collectively influenced market dynamics during this period and influenced pricing of HDPE. Biomass-derived PET

The US HDPE market showed a downshift as the demand from the downstream packaging and construction industries remained sluggish during the first half of this month. However, the feedstock Ethylene has been fluctuating as the market activity improved before the holidays, and upstream Naphtha continued to decline amid easing Crude oil prices. Further, the first week witnessed healthy market activity, characterized by the usual continuous customer order flow for HDPE. On the other side, some purchasers remained resolute in minimizing their buying activities towards the year-end, optimistic that December deals might extend into January while the export demand exhibited stability in Europe and Latin America. Biomass-derived PET

Sellers were receptive to reasonable bids, leading to lower prices in exchange for larger volumes, though within certain limits on the extent of discounting, which overall led to the price decline of HDPE in the USA. Moreover, the energy sector sustained a decline, with Crude Oil’s continuous drop which has overall impacted the production costs for the HDPE. Furthermore, the United States, being a significant exporter of HDPE to Asia, has experienced shipment delays due to restrictions in the Panama Canal caused by low water levels. While there hasn’t been any mention of the Suez Canal affecting US shipments at present, the situation could evolve if congestion at the Panama Canal intensifies, leading to additional delays in HDPE shipments. Biomass-derived PET

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Biomass-derived PET

Marubeni, Idemitsu, Oriental Petrochemical Taiwan to create biomass PTA supply chain

Marubeni Corporation, Idemitsu Kosan Co., Ltd., and Oriental Petrochemical Taiwan Co., Ltd. have collaboratively embarked on the creation of a groundbreaking supply chain for biomass Purified Terephthalic Acid (PTA), derived from biomass naphtha, marking a significant stride towards sustainability in the plastics industry. The consortium is delighted to announce their agreement to establish this innovative supply chain, with plans for the commencement of biomass PTA production in Taiwan in 2024, marking the first-ever production of its kind in the region. Biomass-derived PET

Idemitsu Kosan is set to play a pivotal role by producing biomass Paraxylene (PX) from biomass naphtha utilizing the mass balance method. Subsequen100% biomass-derived PETtly, Oriental Petrochemical Taiwan, operating as a PTA manufacturer within the Far Eastern New Century Group, will convert the biomass PX into biomass PTA. Marubeni will oversee the coordination of the supply chain’s establishment and manage the marketing aspects of the biomass products.

The significance of this endeavor lies in the potential to create  resin, a key component in PET bottles, by utilizing biomass PTA and biomass ethylene glycol. Overcoming the challenge of replacing petroleum-derived PTA with biomass-derived PTA marks a pivotal moment in the quest for sustainable materials in the plastics industry.

The raw material for biomass products, biomass naphtha, is derived from renewable sources such as plants, presenting a noteworthy reduction in CO2 emissions compared to naphtha derived from petroleum. Biomass-derived PET

Idemitsu Kosan’s biomass PX has already secured the esteemed “ISCC PLUS Certification,” ensuring the sustainable supply chain of products made from biomass. OPTC is slated to attain the same certification in 2024, further solidifying the environmental credentials of the entire supply chain.

This collaborative effort by Marubeni, Idemitsu Kosan, and Oriental Petrochemical Taiwan signifies a tangible contribution to CO2 reduction in the plastics industry, aligning with the broader goal of expediting the realization of a low-carbon society. Through the establishment of this forward-thinking supply chain, the trio aims to pioneer a sustainable paradigm for the production of PET resin, playing a transformative role in the global shift towards eco-friendly practices. Biomass-derived PET

Biomass-derived PET

India Remains on Top in Asia for Demand of Polyolefins Chemicals

India is expected to remain on top in Asia for demand of petrochemical in 2024 given its strong economic growth and resilient industrial production, said Exportgenius.
However, the greater demand is unlikely ro bring much relief to domestic producers struggling with pressure on margins as prices of key chemicals in bulk are expected to remain suppressed due to ample supplies and new capacities coming on stream. According to a report, India’s market for chemical commodities is predicted to grow at around 7% in 2023 and 8% in 2024. Biomass-derived PET
The robust demand of India’s chemical products is being driven by a sharp flow of economic activities after the country emerged from COVID-19 lockdowns. While India’s domestic chemicals demand is expected to stay strong in 2024, price expectations will not be very robust as the market struggles to find the right balance. This is due to new production capacities on stream in the country and in the rest of Asia, weak global demand, changing trade flows and volatile upstream prices.
India’s import of polyolefins – the largest chunk of its petrochemical import market surged significantly in 2023, crossed USD 200 million mark in first half of the year itself. This led by higher demand and increased imports from China, where downstream demand scenario stood weak. India’s imports of polyolefins from the world totalled USD 159 million in 2020, that increased to USD 360 million in 2022. Biomass-derived PET

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India Remains on Top in Asia for Demand of Polyolefins Chemicals

Photocatalytic recycling: University of Adelaide researchers use light to upcycle PE into ethylene

An international team of researchers, led by Professor Shizhang Qiao from the University of Adelaide, Australia, has developed a way to convert PE waste into ethylene (C2H4) and propionic acid, which has antiseptic and antibacterial properties, using a light-driven photocatalysis method. Biomass-derived PET

The study outlines a method involving the atomic engineering of a titanium dioxide (TiO2) photocatalyst with reversible palladium (Pd) species. This modification enables the selective conversion of PE under mild conditions.

“We have upcycled polyethylene plastic waste into ethylene and propionic acid with high selectivity using atomically dispersed metal catalysts,” shares Qiao, chair of Nanotechnology and director of the Centre for Materials in Energy and Catalysis at the School of Chemical Engineering, University of Adelaide. Biomass-derived PET

“Plastic waste is an untapped resource that can be recycled and processed into new plastics and other commercial products. Catalytic recycling of PE waste is still in early development. It is practically challenging because of the chemical inertness of polymers and side reactions arising from structural complexities of reactant molecules.”

The process involves room-temperature, oxidation-coupled photocatalysis. The team achieved a 98.8% selectivity in propionic acid, which can be used as preservatives to extend the shelf life in food packaging or as plasticizers in producing certain packaging materials. Biomass-derived PET

itled “Photocatalytic Production of Ethylene and Propionic Acid from Plastic Waste by Titania-Supported Atomically Dispersed Pd Species,” the research was published in the journal Science Advances.

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Photocatalytic recycling: University of Adelaide researchers use light to upcycle PE into ethylene

Garware Technical Fibres has introduced an innovative coatable High-Density Polyethylene (HDPE) braided knotted net, marking a significant milestone in the industry

This pioneering product allows the application of traditional water-based antifouling paints, overcoming the challenge posed by HDPE fibers’ inherent low surface energy, which impedes paint adhesion. Unlike nylon nets with higher surface energy, HDPE nets typically resist water-based antifouling paints.

The breakthrough lies in Garware’s V4 technology, which selectively modifies the surface properties of polyolefin material without altering its bulk properties. By increasing the surface energy of the polyolefin fibers, the V4 Technology facilitates the spreading and adhesion of water-based antifouling paints on the net surface. Biomass-derived PET

Extensive trials in Scotland demonstrated comparable antifouling performance over a 100-day period in peak summer for both V4-treated CBN-CFR nets (braided knotted net) and nylon knotless nets. Pål Korneliussen, Country Manager for Norway, hailed this as a significant achievement.

While Garware’s Sapphire CFR nets have proven effective against dogfish attacks in Norway, a notable limitation for fish farmers has been the inability to antifoul the nets. The introduction of Garware’s polyethylene nets with antifouling properties addresses this challenge, offering fish farmers greater flexibility to alternate between antifouling painting and in-situ cleaning strategies based on site and regulatory conditions. With over 100 Coatable Braided HDPE Nets sold to the salmon farming industry, Garware continues to deliver exceptional performance in terms of antifouling paint efficacy and protection against predator attacks.  Biomass-derived PET

Garware Technical Fibres has introduced an innovative coatable High-Density Polyethylene (HDPE) braided knotted net, marking a significant milestone in the industry

Baxter Expands PVC Intravenous Bag Recycling Program

Baxter International has successfully completed the initial phase of its groundbreaking intravenous (IV) bag recycling pilot program, conducted in collaboration with Northwestern Medicine. This pioneering initiative has diverted over six tons of polyvinyl chloride (PVC) IV bag waste away from landfills, demonstrating a significant stride towards sustainable healthcare practices.  100% biomass-derived PET

Cecilia Soriano, President of Baxter’s Infusion Therapies and Technologies division, underscores the importance of IV bags in healthcare, emphasizing their widespread use in hospitals for administering clinically essential solutions such as fluids, nutrition, and medicines. The conventional disposal method for non-hazardous IV bags involves draining residual fluids and discarding them as waste, contributing to landfill accumulation. Baxter’s pilot program, however, introduces a novel approach by integrating material separation for recycling into the nursing workflow. This innovative process addresses common space constraints in hospital settings and engages stakeholders from various Northwestern Memorial Hospital departments.  100% biomass-derived PET

Partnering with dedicated third-party logistics and recycling firms, the collected PVC IV bags undergo transportation and inspection before being recycled into diverse products, including industrial floor mats and protective edging for docks and landscaping. The success of this pilot phase is attributed to the collaboration with Northwestern Medicine and the active involvement of hospital departments in developing and implementing an efficient recycling process. All IV bags involved in the pilot were composed of PVC.

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Baxter Expands PVC Intravenous Bag Recycling Program

Sustainability Benefits – “Navigating the Future: The Evolution of Eco-Friendly Propulsion Technologies” 29-12-2023

100% biomass-derived PET

Sustainability Benefits – “Navigating the Future: The Evolution of Eco-Friendly Propulsion Technologies” 29-12-2023

Sustainability Benefits

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

“Navigating the Future: The Evolution of Eco-Friendly Propulsion Technologies”

In recent years, the automotive industry has undergone a transformative shift with the advent of electric cars. However, a new wave of innovation is emerging, challenging the dominance of electric vehicles (EVs) and bringing attention to the potential of eco-friendly petrol engines.

The push for zero-emission vehicles has been reinforced by the European Union’s commitment to phase out petrol and diesel cars by 2035. While this ambitious goal aims to pave the way for a greener future, it recognizes the reality that internal combustion engine cars will persist on the roads until at least 2050, driven by those who made purchases before the 2035 deadline.  Sustainability Benefits

To address the challenge of reducing emissions from existing vehicles, Europe is exploring alternatives such as synthetic fuels derived from water and CO2, effectively removing the largest climate pollutant from the atmosphere. Additionally, biofuels sourced from plant residues and waste materials present another eco-friendly option.

While the EU envisions a future dominated by electric cars and environmentally friendly fuels by 2030, not all member states are in unanimous agreement. Italy, for instance, challenges the exclusive focus on electric vehicles and calls for a more technologically neutral approach. Giorgia Meloni, the President of the Council of Ministers of the Italian Republic, expresses support for the electrification of light vehicles but emphasizes the need for a diversified approach to achieve zero emissions. Sustainability Benefits

Amidst the discussions, Adolfo Urso, the Minister of Business and Made in Italy, emphasizes the importance of reason and pragmatism in the pursuit of ecological and industrial transition. Italy’s stance reflects a broader call for revisiting regulatory approaches and embracing a vision aligned with the evolving landscape of sustainable transportation. As the automotive industry navigates this complex terrain, it remains to be seen how the interplay between electric and eco-friendly petrol engines will shape the future of transportation.

Sustainability Benefits

R-LLDPE Market Faces Downturn Amid Oversupply and sluggish downstream Demand

Ex-Riyadh: In the Arabian Recycled Linear Low-Density Polyethylene (R-LLDPE) market, an ongoing trend of declining prices persists, driven by challenges related to the diminishing price support for scrap LLDPE materials and the increasing rates of post-consumer product collection.  Sustainability Benefits

These factors pose obstacles to the sustainable growth of R-LLDPE recyclers. The market landscape is further complicated by a marginal weakening in the Purchasing Managers’ Index (PMI). On the supply side, an oversupply situation of R-LLDPE, coupled with ample inventories, and subdued procurement activities from overseas markets during the current seasonal phase, contribute to weakened export dynamics. Suppliers are responding with consistent discount offerings to incentivize larger volume purchases. However, the downstream industry is grappling with heightened freight rates with increased shipping cost, prompted by security concerns following attacks by Yemen’s Houthi militants on commercial vessels in the Red Sea.

Consequently, the European R-LLDPE market remains stable, reflecting the impact of elevated import costs for the product.  Sustainability Benefits

The Arabian market is grappling with an oversupply scenario, sustained by an unaltered production capacity of R-LLDPE material, which has established a bearish sentiment. This situation poses a challenge for suppliers in effectively managing excess inventory. The R-LLDPE market faces downward price pressure attributed to weakened product procurement activities during the Christmas holidays, influenced by reduced downstream industrial production and manufacturing activities for the final finished product with fewer staff members available during the holiday season.

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Sustainability Benefits

Kao Thailand Partners with SCGC and Dow to Develop Packaging with Key Sustainability Benefits

Kao Industrial (Thailand) Co., Ltd. (Kao) has partnered with two leading global packaging experts, SCG Chemicals Co., Ltd. (SCGC) and Dow Thailand Group (Dow), to develop packaging designed for recyclability.  Sustainability Benefits

The partnership aims to provide consumers with more sustainable packaging options, with a focus on high-quality packaging that has a lower carbon footprint and is recyclable. Today, the three companies signed a Memorandum of Understanding (MoU) at Dow Thailand’s headquarters in True Digital Park West.

Kao, a leading manufacturer of consumer products from Japan including AttackBioreHaiterLaurier and Magiclean, plan to use the new, sustainable packaging across a wide range of its product portfolio in Thailand in the near future. The MoU signing ceremony was attended by Kao Thailand President, Yuji Shimizu; SCGC Executive Director, Pisan Uawithya; and Dow Thailand President, Chatchai Luanpolcharoenchai.  Sustainability Benefits

“Kao is delighted to partner with leading chemical companies such as SCGC and Dow to joint develop innovations for sustainable packaging based on the 4R principles: Reduce, Reuse, Recycle, and Replace, which align with our ESG strategy or what we call the ‘Kirei Lifestyle Plan,'” said Yuji Shimizu, Kao Thailand President “Kao is committed to achieving Zero Carbon Emission by 2040 in an effort to help mitigating global warming and climate change issues. This is why our business is seriously focused on energy conservation within our production plants and products design and development throughout product lifecycle to reduce carbon emissions.  Sustainability Benefits

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Sustainability Benefits

Mitsubishi Chemical sells Indonesian PTA business to Lintas Citra Pratama

In a strategic move to enhance its business portfolio and reinforce its commitment to sustainable growth, Mitsubishi Chemical Group Corporation has recently announced the decision to transfer shares of its subsidiary, PT Mitsubishi Chemical Indonesia (MCCI). The shares will be transferred to PT Lintas Citra Pratama, a company with plans to commercialize paraxylene, a key raw material for pure terephthalic acid (PTA) in South East Asia.

Reasons for Share Transfer: MCCI, a company established in 1991, has been a major player in the Indonesian PTA market, contributing significantly to the production of polyester products such as fibers, PET bottles, and films. Sustainability Benefits

Despite the stability and strength of Indonesia’s PTA market, Mitsubishi Chemical Group has continuously evaluated its business direction, aligning with its management policy of “Forging the future” through portfolio management focused on market growth, competitiveness, and sustainability.

Affiliates of PT Lintas Citra Pratama presented a compelling proposition to Mitsubishi Chemical Group, expressing their intention to operate the PTA business through vertical integration from raw material paraxylene to PTA. Sustainability Benefits

This integration is anticipated to strengthen MCCI’s competitiveness, and the company is expected to continue its development and growth under the new ownership structure.

Mitsubishi Chemical sells Indonesian PTA business to Lintas Citra PratamaMitsubishi Chemical sells Indonesian PTA business to Lintas Citra Pratama

CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project

Copenhagen Infrastructure Partners (CIP), the world’s largest fund manager within greenfield renewable energy, has agreed with Mexican authorities to collaborate on Helax Istmo, a green hydrogen and green maritime fuels project in the Isthmus of Tehuantepec, in Oaxaca, Mexico.

CIP will develop the Helax Istmo project in Mexico through its Growth Markets Funds II and Energy Transition Fund I.  Sustainability Benefits

To this end, CIP signed a memorandum of understanding (MoU) with the Interoceanic Corridor of the Isthmus of Tehuantepec (CIIT) and Mexico’s national Ministry of Navy, the Secretaría de Marina (Semar), on December 22, 2023.

Under the MoU, the parties will collaborate to support the development of the large-scale, integrated renewable energy project in Oaxaca which aims to produce green hydrogen and green maritime fuels, contributing materially to Mexico’s sustainable development goals, as well as to the decarbonization of the shipping industry globally.

CIP noted that the MoU acknowledges that Helax will undergo formal indigenous and social consultations under Mexican law. The consultations are expected to take place in early 2024.  Sustainability Benefits

Ole Kjems Sørensen, partner at CIP and co-head of Growth Markets Funds, said: “This MoU showcases our long-term commitment to Mexico through the development of a pioneering project that offers green maritime fuels at scale — a first for the region. We would like to thank the Mexican authorities for their continued interest and support, and we look forward to continuing to engage constructively with national and local stakeholders and further develop Helax.”

CIP and Mexican authorities to collaborate on green hydrogen and maritime fuels project

SK On cooperates with domestic and foreign companies to advance the intelligence of battery production equipment

■ SK On collaborates with Beckhoff, Cisco, IFM Electronic, Yaskawa Electric, and Woowon Technology to enhance battery production efficiency

■ This initiative will establish the groundwork for a “smart factory” by improving productivity and minimizing downtime  Sustainability Benefits

SK On is advancing the intellectualization of battery production equipment through collaboration with domestic and international companies that possess global-level core technologies. This strategy aims to leverage Information and Communication Technology (ICT) to maximize equipment efficiency and enhance productivity.

On December 26 (KST), SK On formalized a six-party Memorandum of Understanding (MOU) with Beckhoff Automation, Cisco, IFM Electronic, Yaskawa Electric Korea, and Woowon Technology at the SK Green Campus in Jongno-gu, Seoul, South Korea. This MOU is aimed at enhancing the control and communication systems for battery production equipment.  Sustainability Benefits

SK On intends to verify the performance, quality, and stability of the technologies and services offered by these companies and discuss strategic cooperation for the intellectualization of battery production equipment. These efforts are expected to strengthen SK On’s manufacturing competitiveness by reducing costs and improving yield, without the need for extensive equipment remodeling.

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SK On cooperates with domestic and foreign companies to advance the intelligence of battery production equipment

The prevalence of “Hot V” engines, a term coined for a specific architectural configuration, has become increasingly widespread in the automotive industry

Typically associated with V-shaped engines, the conventional layout positions intake ducts inside the V between the two banks, with exhaust directed outward. This design, optimized for naturally aspirated engines, facilitates the connection of intake manifolds and allows for convenient placement of throttle bodies and injection systems. Sustainability Benefits

However, when transitioning to turbocharged engines, the dynamics change. The complexity arises as intake and exhaust, previously distinct, converge in the double scroll of turbocharged engines. Ferrari engineers confronted this challenge in the early 1980s during the development of the turbocharged 126 CK, leading to the evolution of a novel architecture known as the “hot internal V” or Hot V. In this configuration, contrary to tradition, exhaust is positioned between the cylinder banks, while intake faces outward.

This innovative design, initially applied to high-performance racing engines, has gained traction in the road sector.  Sustainability Benefits

Prominent examples include the Ferrari V6 in the 296 GTB, the Mercedes-Benz 4.0 V8 featured in various AMG and Aston Martin models, as well as similar engines from Audi and BMW. The advantages of the Hot V layout are multifaceted. The integration of turbines within the V results in a more compact architecture with reduced lateral bulk. Improved thermal management concentrates the hottest components in the center and upper areas of the engine, enhancing heat dissipation and minimizing the impact on other regions. Additionally, the shortened intake and exhaust ducts optimize gas flow, leading to improved accelerator response and mitigating turbo lag—a coveted achievement in engine performance.

The prevalence of "Hot V" engines, a term coined for a specific architectural configuration, has become increasingly widespread in the automotive industry

Recycling Nylon – UBE now supplying nylon 6 resin for high-pressure hydrogen tanks in new crown FCEV 28-12-2023

Sustainability Benefits

Recycling Nylon – UBE now supplying nylon 6 resin for high-pressure hydrogen tanks in new crown FCEV 28-12-2023

Recycling Nylon

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Recycling Nylon with New Catalyst from Northwestern University

Northwestern University chemists have developed a new catalyst that quickly, cleanly and completely breaks down Nylon-6 in a matter of minutes — without generating harmful byproducts. Even better: The process does not require toxic solvents, expensive materials or extreme conditions, making it practical for everyday applications.

Not only could this new catalyst play an important role in environmental remediation, it also could perform the first step in upcycling Nylon-6 wastes into higher-value products.

The research was published in the journal Chem.

Marks is the Charles E. and Emma H. Morrison Professor of Chemistry and Vladimir N. Ipatieff Professor of Catalytic Chemistry at Northwestern’s Weinberg College of Arts and Sciences and a professor of materials science and engineering at Northwestern’s McCormick School of Engineering.Recycling Nylon

He also is a faculty affiliate at the Paula M. Trienens Institute for Sustainability and Energy. Northwestern co-authors include Linda J. Broadbelt, the Sarah Rebecca Roland Professor of Chemical and Biological Engineering and senior associate dean of McCormick, and Yosi Kratish, a research assistant professor in Marks’ group.

Recovering building blocks for upcycling
To bypass these issues, the researchers looked to a novel catalyst already developed in Marks’ laboratory. The catalyst harnesses yttrium (an inexpensive Earth-abundant metal) and lanthanide ions. When the team heated Nylon-6 samples to melting temperatures and applied the catalyst without a solvent, the plastic fell apart — reverting to its original building blocks without leaving byproducts behind. Recycling Nylon

More…

Recycling Nylon

Changan and Ganfeng Collaborate for Solid-State Battery Development

Changan Automobile and Ganfeng Lithium have announced their collaboration to manufacture solid-state batteries for electric vehicles (EVs) 1

Solid-state batteries are considered a next-generation energy storage device because of their superior performance and safety compared with the current batch of liquid-state electrolyte lithium-ion batteries 1.

 The two companies are among several international automakers that have bet on solid-state batteries, with leading promoter Toyota reportedly projecting adoption by 2027 1.

Ganfeng Lithium has already begun construction of a solid-state battery production facility in Chongqing, which will be the largest of its kind in China to date 2

The factory will offer annual capacities of 10 GWh each for the production of battery cells as well as battery packs 2Recycling Nylon

The company is also working on solid-state battery technology, and its first-generation solid-state battery has an energy density of 260Wh/kg 3.

This collaboration between Changan Automobile and Ganfeng Lithium is a significant step towards the commercialization of solid-state batteries and the electrification of transportation 1.

  Recycling Nylon

Polyester is not stain resistant

Recently, we attended a webinar about how to keep your home free of toxins.  In the conversation about which fabrics to choose for your furniture, one of the panelists suggested using a synthetic (polyester) fabric to avoid stains.

People often think synthetic fiber fabrics are naturally stain resistant. They are not. They are stain resistant because of the addition of chemicals which you do NOT want to bring into your home.   Recycling Nylon

Now, the situation is a little more complicated than: They are NOT.  Synthetic fibers are both hydrophobic, meaning that they resist absorbing liquids; and oilophilic, meaning that they more readily absorb oils and grease. There is a continuum of these states, hydrophilic – hydrophobic and oilophilic – oilophobic; but it is true that natural fiber fabrics are both hydrophilic and oilophobic.  This means that natural fiber fabrics absorb water well, but oil poorly.   Synthetic fiber fabrics are the opposite:  They are hydrophobic and oilophilic, meaning that they resist absorbing water but more readily absorb oils and grease.

The fact that natural fibers are hydrophilic also means that they clean much better than hydrophilic synthetics.  Washing machines (all washing action, with a machine, or by hand) depends on water absorption to clean.  The more absorbent the fibers, the better they will clean.   Recycling Nylon

So what do these hydro/oil phobic/philic characteristics mean for the staining and stain removal behavior of natural fibers versus synthetic fibers? It means that, lacking the addition of chemicals that we would all prefer to avoid, or that we should avoid AT ALL COSTS, a natural fiber fabric will absorb water-based stains more easily than a synthetic, but you will have an easier time removing that stain.  Natural fibers will resist oil-based stains better than synthetics. And should you get an oil-based stain, you will have an easier time removing it than from a synthetic fabric.  Synthetics will not clean in your washer nearly as well.   Recycling Nylon

More…

Polyester is not stain resistant

UBE now supplying nylon 6 resin for high-pressure hydrogen tanks in new crown FCEV

UBE Corporation has revealed its role as a supplier of polyamide (nylon) 6 resin, specifically UBE NYLON™ 1218IU, for Toyota Motor Corporation’s newly launched Crown FCEV (Fuel Cell Electric Vehicle). Developed collaboratively by Toyota Motor and UBE, this nylon 6 resin serves as a plastic liner material for high-pressure hydrogen tanks in fuel cell vehicles (FCVs). Notably, the Crown FCEV becomes the second Toyota Motor fuel cell passenger vehicle, following the MIRAI, to incorporate UBE’s nylon 6 resin.

The UBE NYLON™ 1218IU meets rigorous standards as an approved plastic liner material for the high-pressure hydrogen tank in the Crown FCEV.   Recycling Nylon

Positioned as the innermost component of the tank, the plastic liner plays a crucial role in preventing hydrogen leakage. This nylon 6 resin exhibits exceptional performance in preventing hydrogen permeation, displaying robust mechanical characteristics for enduring rapid temperature changes during hydrogen filling and discharging, as well as providing impact resistance in low-temperature environments.

Since initiating the production and marketing of nylon 6 resin in 1959, UBE has evolved into a prominent global producer, boasting an annual manufacturing capacity of 198,000 tonnes.    Recycling Nylon

The company has extended its influence as a composite materials manufacturer, emphasizing various engineering plastics to meet the increasingly sophisticated demands of the market. With a production capacity of 53,000 tonnes for engineering plastics composite materials, UBE maintains a global presence with operations in Japan, Asia, Europe, and North America. The company’s commitment to enhancing production capacity for engineering plastics composites aligns with its focus on developing products that cater to the diverse performance requirements of evolving automotive applications.

In related news, Manchester United plc has announced a significant agreement involving the acquisition of 25% of Class B shares and up to 25% of Class A shares by Sir Jim Ratcliffe, Chairman of INEOS.

Additionally, a substantial investment of $300 million is earmarked to facilitate future developments at Old Trafford.    Recycling Nylon

UBE now supplying nylon 6 resin for high-pressure hydrogen tanks in new crown FCEV

EQUATE announces Jan MEG India Contract Price at USD520/tonne

EQUATE, the global monoethylene glycol (MEG) producer, has declared a Contract Price (ICP) of $520 per tonne CFR for its January 2024 MEG shipments to India, as stated by the company. This figure marks a $43 per tonne increase from the December pricing.

It’s worth noting that EQUATE’s India Contract Price (ICP) for Monoethylene Glycol (MEG) in December 2023 was set at $477 per metric ton CFR for arrivals at India Main Ports. This pricing strategy is influenced by the current regional supply and demand dynamics, offering a glimpse into short-term market conditions.    Recycling Nylon

The specified Contract Price applies to the cost and freight (CFR) at India Main Ports, emphasizing the comprehensive financial aspects involved in the transaction. EQUATE’s regular updates on ICP play a crucial role in informing stakeholders about pricing fluctuations and market trends in the MEG sector. The January 2024 ICP of $520 per tonne reflects EQUATE’s response to evolving market conditions and its commitment to transparent communication in the industry.

EQUATE announces Jan MEG India Contract Price at USD520/tonne

Vietnam’s textiles and garments yet to fully unlock FTA’s advantages and potential

Vietnam textile and garment industry has not been able to fully capitalise on the advantages and potential of FTAs, according to the Ministry of Industry and Trade (MoIT).

To address this issue, the MoIT, as the leading agency for FTA negotiation and enforcement, has been enhancing connections with ministries, localities, associations, and stakeholders to establish a collaborative ecosystem to help the textile industry effectively leverage FTAs.    Recycling Nylon

According to Ngo Chung Khanh, deputy head of the multilateral trade policy department under the MoIT, the Vietnamese government has signed various FTAs with many markets around the world, with a key focus on reducing tariffs to the lowest and quickest levels and simpler rules of origin for Vietnamese goods, especially in the textile and garment sector.

In a recent survey by the Vietnam Chamber of Commerce and Industry (VCCI), while most enterprises had some understanding of the FTAs, only about 8 per cent possessed a clear understanding.    Recycling Nylon

According to the ministry, Vietnam’s trade balance has been significantly in deficit in the East Asian markets, amounting to nearly US$129 billion in 2022, with $60.5 billion in trade with China, $37.9 billion with South Korea, and $13.42 billion with Asean.

More…

Vietnam's textiles and garments yet to fully unlock FTA's advantages and potential

AI shows how microplastics are harming global soil and agriculture

In recent years, the accumulation of plastic waste in the environment has emerged as a pressing concern.

While the pollution of oceans by plastics is widely recognized, the presence of microplastics in soils across the globe is equally alarming.    Recycling Nylon

These plastics, breaking down into microplastics (MPs), significantly impact soil properties and, alarmingly, find their way into the human food chain, raising health concerns.

Microplastics, soil, and corporate sustainability

The effects of microplastics on soil are crucial in the realm of corporate sustainability, particularly under the ‘Environmental’ pillar of Environmental, Social, and Governance (ESG) goals.

Companies worldwide are increasingly expected to adopt eco-friendly approaches, with a strong focus on addressing plastic pollution.    Recycling Nylon

However, the complex interaction between soil and microplastics, influenced by the diversity of both soil types and microplastics, complicates understanding and managing their environmental impact.

Innovative research using AI machine learning

To bridge the research gap in this area, a team led by Prof. Yong Sik Ok, a Korean University Professor and a prominent figure in environmental governance, applied AI machine learning (ML) techniques to study microplastics in soil.    Recycling Nylon

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AI shows how microplastics are harming global soil and agriculture

Plastic packaging – Pressolysis: is the Pressolysis a Sustainable Recycling Method for Plastics and Composites? 27-12-2023

  Recycling Nylon

Plastic packaging – Pressolysis: is the Pressolysis a Sustainable Recycling Method for Plastics and Composites? 27-12-2023

Plastic packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Germany’s producer prices decline 7.9% YoY in November 2023

INSIGHTS

  • In November 2023, Germany’s industrial product prices fell 7.9 per cent YoY, an improvement from October’s 11 per cent drop, as per Destatis.
  • The decline is mainly due to lower energy costs, with a significant 21.4 per cent decrease in energy prices.
  • Excluding energy, prices slightly rose by 0.3 per cent YoY but fell 0.1 per cent from October.

The producer prices of industrial products in Germany experienced a 7.9 per cent decrease in November 2023 compared to the same month in 2022, according to a recent update from the Federal Statistical Office (Destatis). This change, albeit significant, marks an improvement from the 11 per cent year-on-year (YoY) drop seen in October 2023. The fluctuation is largely attributed to a base effect resulting from the high price levels in the previous year.  Plastic packaging

The decrease in November 2023, compared to October 2023, was more modest at 0.5 per cent. This downward movement in prices is primarily driven by a notable decrease in energy costs, which have been the primary factor behind the YoY decline in producer prices.

Energy prices in November 2023 were significantly lower than the previous year, down 21.4 per cent.  Plastic packaging

More…

Plastic packaging

BYD has officially chosen Hungary as the location for its inaugural European factory, marking a historic move as the first Chinese automaker to directly produce cars on the continent

The longstanding speculations surrounding BYD’s intentions have been confirmed, with Szeged in Hungary selected as the site for the groundbreaking facility. This strategic decision reflects a shift in pace for the Shenzen-based group.

The implementation of this pivotal plan will unfold through several phases, commencing with the establishment of a robust supply chain involving numerous suppliers, many of which are affiliated with BYD.  Plastic packaging

The overarching goal is the creation of a “local green ecosystem.” BYD envisions the generation of thousands of new jobs in Hungary, citing the country’s favorable geographical position, well-connected infrastructures, and established industrial base, underscored by the presence of renowned car manufacturers such as Audi, Mercedes Opel, and Suzuki, along with key suppliers like Bosch, Continental, Delphi, Denso, Michelin, Hankook, Lear, and Luk. Germany and France were also contenders for the factory, especially given BYD’s existing European research and development center in Germany.

While specific dates for the construction of the BYD plant and details about the models to be produced remain uncertain, it is confirmed that the focus will be on plug-in hybrid and electric cars.  Plastic packaging

The assembly process will take place on cutting-edge production lines equipped with the latest technologies. Currently, BYD is engaged in productive operations in Hungary, specifically for electric buses and trucks in Kamarom, near the northern border with Slovakia. The automotive plant, however, is slated for construction in Szeged, situated on the northern border of Hungary, neighboring Serbia and Romania.

Despite BYD’s global threat to Tesla in the electric car sales arena, its European footprint is still burgeoning, with only 13 thousand units sold in the region. Nevertheless, BYD boasts a presence in 19 countries through 230 dealers, showcasing the company’s commitment to expanding its influence in the European automotive market. Plastic packaging

Plastic packaging

Coca-Cola Philippines accelerates efforts to achieve circular economy on plastic packaging, water security

Coca-Cola Philippines concludes 2023 with significant progress in its commitment to environmental sustainability and enters 2024 with an increased resolve to accelerate its efforts. This year, the company continued to strengthen its initiatives to meet its World Without Waste targets and launched “May Ikabobote Pa”, a brand-led initiative aiming to inspire behavior change among consumers regarding recycling.

This includes expanding partnerships with organizations sharing a commitment to advancing a circular economy for plastic packaging.  Plastic packaging

The Coca-Cola Company also unveiled its 2030 Water Security Strategy, which aims to achieve 100% circular water use across 175 facilities globally. Additionally, the company plans to partner with like-minded organizations to enhance the health of 60 critical watersheds and return a cumulative total of 2 trillion liters of water to nature and communities between 2021 and 2030.

“We are grateful for all our projects this year, which demonstrate our dedication to conducting our business more sustainably and empowering the communities where we operate and serve,” said Tony del Rosario, President of Coca-Cola Philippines.

“We recognize our responsibility to continue making a positive impact in communities and the environment and acknowledge that we still have a long way to go and that we cannot do this alone.  Plastic packaging

We encourage everyone to join us in these efforts.”

More…

Plastic packaging

Introduction to Biodegradable and Compostable Plastics

Biodegradable and compostable plastics have gained significant attention in recent years as the world grapples with the environmental impact of traditional plastics. These innovative materials offer a potential solution to the problem of plastic waste, but many people are still confused about the differences between biodegradable and compostable plastics. In this article, we will explore the various types of bioplastics and shed light on the distinctions between biodegradable and compostable plastics.

Bioplastics are derived from renewable sources such as plants, vegetable oils, and starches. They are designed to break down naturally over time, reducing their impact on the environment. Plastic packaging

However, not all bioplastics are created equal. There are different types of bioplastics, each with its own unique properties and characteristics.

One type of bioplastic is biodegradable plastic. Biodegradable plastics are made from organic materials that can be broken down by microorganisms such as bacteria or fungi. These plastics break down into natural elements like water, carbon dioxide, and biomass. Biodegradable plastics can be a suitable alternative to traditional plastics, as they do not accumulate in landfills or oceans, reducing the overall environmental impact.

Compostable plastics, on the other hand, are a specific subset of biodegradable plastics. Compostable plastics are designed to break down in a composting environment, where they can decompose alongside other organic matter. Composting is a natural process that turns organic waste into nutrient-rich soil.  Plastic packaging

Compostable plastics break down into non-toxic components, leaving behind no harmful residues. They are an excellent choice for products that are likely to end up in composting facilities, such as food packaging or disposable cutlery.

More…

Introduction to Biodegradable and Compostable Plastics

Pressolysis: A Sustainable Recycling Method for Plastics and Composites

Plastics and composites are widely used materials in various industries, such as packaging, automotive, aerospace, construction, and electronics. However, they also pose significant environmental challenges, as they are often difficult to recycle and end up in landfills or oceans, causing pollution and harming wildlife. According to a 2017 study, only 9% of the global plastic waste was recycled, 12% was incinerated, and 79% was accumulated in landfills or the natural environment1Plastic packaging

To address this problem, researchers and innovators have been developing various recycling methods that can recover valuable materials from plastic and composite waste, and reduce their environmental impact. One of these methods is pressolysis, a pressure-based technology that uses only steam to separate and recover organic materials from waste streams2Pressolysis is also known as thermo-cyclic pressolysis, as it involves cyclic heating and cooling of the waste materials under high pressure3.

How does pressolysis work?

Pressolysis is a chemical recycling method that breaks down the molecular bonds of plastic and composite materials, and converts them into reusable monomers or oligomers. The process consists of four main steps3:

  1. Preparation: The waste materials are shredded and mixed with water in a reactor vessel.  Plastic packaging
  2. Heating: The reactor is heated to a high temperature (around 300°C) and pressurized to a high pressure (around 200 bar) using steam. This causes the water to become supercritical, meaning it has both liquid and gas properties, and can act as a solvent and a catalyst for the depolymerization reaction.
  3. Cooling: The reactor is rapidly cooled to a low temperature (around 100°C) and depressurized to a low pressure (around 1 bar) using cold water. This causes the depolymerized products to separate from the water and form two phases: an organic phase and an aqueous phase.  Plastic packaging
  4. Recovery: The organic phase, which contains the monomers or oligomers, is collected and purified for further use. The aqueous phase, which contains water and some dissolved salts, is recycled back to the reactor.

More…

Pressolysis: A Sustainable Recycling Method for Plastics and Composites

Taiwan’s Paraxylene Industry Faces Uncertainties with Tariff Adjustment

On December 20th, 2023, the Tariff Commission of China’s State Council announced a suspension of tariff concessions on specific products covered by the Cross-Strait Economic Cooperation Framework Agreement. Beginning January 1, 2024, tariff rates for 12 imported products, including Paraxylene (PX) from Taiwan, will no longer receive concessions. The current 0% tariff on Paraxylene will be adjusted to 2%. This new 2% tariff will be applicable on Paraxylene imports from Taiwan, same as that from other countries expect for the ASEAN market.  Plastic packaging

Taiwan’s sole Paraxylene producer, FCFC (Formosa Chemicals & Fibre Corp.), mainly supplies its Paraxylene exports to the PTA plant in Ningbo, Zhejiang Province in China and sells some Paraxylene to other PTA plants.

In the period of January-November 2023 alone, Paraxylene imports from Taiwan represented 14% of the total, with an average monthly volume of 106kt. With the introduction of a 2% tariff, it is estimated that the cost of importing Paraxylene from Taiwan will likely increase and the competitiveness of Taiwan’s Paraxylene will decline. Presently, Paraxylene imports from Taiwan benefit from a favorable 0% tariff policy, resulting in relatively low import costs.  Plastic packaging

Although, in practical transactions, both buyers and sellers often share the tariff reduction benefits, buyers still enjoy an advantage of approximately 1% tariff reduction compared to imports from Japan and South Korea. Therefore, with the implementation of 2% tariff, Paraxylene imports from Taiwan will no longer be able to enjoy this 1% reduction advantage, leading to an increase in the cost of importing from Taiwan. This may prompt buyers to turn to Paraxylene from ASEAN countries or imports from Japan and South Korea.  Plastic packaging

More…

Taiwan's Paraxylene Industry Faces Uncertainties with Tariff Adjustment

Freight on the Red Sea route soars, and China’s polyester exports to North Africa stagnate

Recent developments in the Red Sea have gained global attention, with many shipping companies announcing suspensions of service or a halt in offering new slots. Previously, the four major container shipping giants in Europe had all suspended services that required passing through the Red Sea route. As a result, shipping costs between Asia and Europe, as well as between Asia and Africa, have significantly increased in the short term. The current freight cost for a 20-feet standard container from China to North Africa has risen to around $3,500, an increase of several hundred dollars compared to before. However, shipping companies are actually unable to provide available slots, and their pricing adjustments are mainly opportunistic. Plastic packaging

Even if factories are willing to accept the higher rates, it does not necessarily guarantee the availability of slots.

Historically, disruptions in the Suez Canal have led to longer shipping distances and higher prices. In March 2021, the grounding of the MV Ever Given in the Suez Canal caused a six-day blockage, resulting in significant losses. Therefore, it is important to assess the potential impact of the “Red Sea Crisis.”

The Red Sea-Suez Canal route is one of the busiest shipping routes in the world, with approximately 12% of global cargo transportation passing through the Red Sea and the Suez Canal.Plastic packaging

The recent suspensions of Red Sea navigation by the four international shipping companies (Germany’s Hapag-Lloyd, Denmark’s Maersk Line, Mediterranean Shipping Company, and France’s CMA CGM) account for 53% of global container trade volume.

More…

Freight on the Red Sea route soars, and China's polyester exports to North Africa stagnate

Plastics technology – Chinese scientists have successfully developed a revolutionary knittable fiber, drawing inspiration from the insulating properties of polar bear fur 26-12-2023

Plastic packaging

Pressolysis Sustainable Recycling – Pressolysis: A Sustainable Recycling Method for Plastics and Composites – Every year, around 380 million tons of plastic are produced, with only 9% being recycled 27-12-2023

Pressolysis Sustainable Recycling

Pressolysis: A Sustainable Recycling Method for Plastics and Composites

Plastics and composites are widely used materials in various industries, such as packaging, automotive, aerospace, construction, and electronics. However, they also pose significant environmental challenges, as they are often difficult to recycle and end up in landfills or oceans, causing pollution and harming wildlife. According to a 2017 study, only 9% of the global plastic waste was recycled, 12% was incinerated, and 79% was accumulated in landfills or the natural environment1Pressolysis Sustainable Recycling

To address this problem, researchers and innovators have been developing various recycling methods that can recover valuable materials from plastic and composite waste, and reduce their environmental impact. One of these methods is pressolysis, a pressure-based technology that uses only steam to separate and recover organic materials from waste streams2Pressolysis is also known as thermo-cyclic pressolysis, as it involves cyclic heating and cooling of the waste materials under high pressure3.

How does pressolysis work?

Pressolysis is a chemical recycling method that breaks down the molecular bonds of plastic and composite materials, and converts them into reusable monomers or oligomers. The process consists of four main steps3:

  1. Preparation: The waste materials are shredded and mixed with water in a reactor vessel.  Pressolysis Sustainable Recycling
  2. Heating: The reactor is heated to a high temperature (around 300°C) and pressurized to a high pressure (around 200 bar) using steam. This causes the water to become supercritical, meaning it has both liquid and gas properties, and can act as a solvent and a catalyst for the depolymerization reaction.
  3. Cooling: The reactor is rapidly cooled to a low temperature (around 100°C) and depressurized to a low pressure (around 1 bar) using cold water. This causes the depolymerized products to separate from the water and form two phases: an organic phase and an aqueous phase.
  4. Recovery: The organic phase, which contains the monomers or oligomers, is collected and purified for further use.
  5. The aqueous phase, which contains water and some dissolved salts, is recycled back to the reactor. Pressolysis Sustainable Recycling

The heating and cooling cycles are repeated until the desired degree of depolymerization is achieved. The number of cycles depends on the type and composition of the waste materials, and the quality and quantity of the recovered products.

Pressolysis Sustainable Recycling

What are the advantages of pressolysis?

Pressolysis has several advantages over other recycling methods, such as pyrolysis, solvolysis, and mechanical recycling. Some of these advantages are23:

  • It is a clean and green process, as it uses only water and steam, and does not produce any harmful emissions or residues.  Pressolysis Sustainable Recycling
  • It is a versatile and flexible process, as it can handle various types of plastic and composite materials, such as polyethylene, polypropylene, polystyrene, polyethylene terephthalate, polyamide, polyurethane, epoxy, and carbon fiber reinforced polymer.
  • It is a high-yield and high-quality process, as it can recover up to 90% of the original mass of the waste materials, and produce monomers or oligomers that are free from impurities and have similar properties to virgin materials.
  • It is a cost-effective and energy-efficient process, as it uses low amounts of water and electricity, and can generate heat and water as by-products that can be reused or sold.  Pressolysis Sustainable Recycling

What are the challenges and opportunities of pressolysis?

Pressolysis is a promising recycling method that has the potential to revolutionize the plastic and composite industry, and contribute to a circular economy. However, it also faces some challenges and opportunities that need to be addressed. Some of these are3:

  • The process needs to be optimized and standardized for different types of waste materials, and the optimal parameters and protocols need to be established and validated.  Pressolysis Sustainable Recycling
  • The process needs to be scaled up and commercialized, and the economic and environmental benefits need to be demonstrated and quantified.
  • The process needs to be integrated and coordinated with other recycling methods and waste management systems, and the regulatory and policy frameworks need to be updated and harmonized.
  • The process needs to be supported and promoted by various stakeholders, such as manufacturers, recyclers, consumers, governments, and NGOs, and the awareness and acceptance of the process need to be increased and enhanced.

Conclusion

Pressolysis is a novel and innovative recycling method that uses steam to depolymerize plastic and composite materials, and recover reusable monomers or oligomers. It is a clean, versatile, high-yield, and cost-effective process that can reduce the environmental impact of plastic and composite waste, and create new value and opportunities for the industry and society. Pressolysis Sustainable Recycling

Pressolysis is still in its early stages of development, and requires further research and development, as well as collaboration and communication, to overcome the challenges and seize the opportunities that lie ahead.

Pressolysis Sustainable Recycling

Plastics technology – Chinese scientists have successfully developed a revolutionary knittable fiber, drawing inspiration from the insulating properties of polar bear fur 26-12-2023

Pressolysis Sustainable Recycling

PET-Resin rPET – Feedstock increase – Global Oil Prices Dip Following Angola’s OPEC Exit Announcement : Will other countries follow Nigeria? 26-12-2023

“The right choice for your production”

 “Plastic that makes the difference”

PET-Resin rPET

PET-Resin rPET

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

PET-Resin rPET

PET-Resin rPET

Yuan vs US$

Polyestertime
ITEM 18/12/2023 26/12/2023 +/-
Bottle grade PET chips domestic market 6,800 yuan/ton 6,925 yuan/ton +125
Bottle grade PET chips export market 875 $/ton 885 $/ton +10
Filament grade Semidull chips domestic market 6,620 yuan/ton 6,730 yuan/ton +110
Filament grade Bright chips domestic market 6,640 yuan/ton 6,730 yuan/ton +90
Pure Terephthalic Acid PTA domestic market 5,655 yuan/ton 5,850 yuan/ton +195
Pure Terephthalic Acid PTA export market 700 $/ton 730 $/ton  

+30

 

Monoethyleneglycol MEG domestic market 4,160 yuan/ton 4,380 yuan/ton +220
Monoethyleneglycol MEG export market 492 $/ton 517 $/ton +25
Paraxylene PX FOB  Taiwan market

PET-Resin rPET

982 $/ton 1,024 $/ton
+42
Paraxylene PX FOB  Korea market 959 $/ton 1,001 $/ton +42
Paraxylene PX FOB EU market 1,005 $/ton 1,050 $/ton +45
Polyester filament POY 150D/48F domestic market 7,400  yuan/ton 7,600 yuan/ton
+200
Recycled Polyester filament POY  domestic market 7,500 yuan/ton 7,550 yuan/ton +50
Polyester filament DTY 150D/48 F domestic market 8,820 yuan/ton 8,900 yuan/ton +80
Polyester filament FDY 68D24F

PPET-Resin rPET

8,800 yuan/ton 8,900 yuan/ton +100
Polyester filament FDY 150D/96F domestic market 8,100 yuan/ton 8,225 yuan/ton +125
Polyester staple fiber 1.4D 38mm domestic market 7,180 yuan/ton 7,300 yuan/ton +120
Caprolactam CPL domestic market 13,000 yuan/ton 13,750 yuan/ton
+750
Caprolactam CPL overseas  market 1,600 $/ton 1,600 $/ton
Nylon 6 chips overseas  market 1,850 $/ton 1,850 $/ton
Nylon 6 chips conventional spinning domestic  market 13,950 yuan/ton 14,350 yuan/ton +400
Nylon 6 chips  high speed spinning domestic  market

PET-Resin rPET

14,250 yuan/ton 14,600 yuan/ton +350
Nylon 6.6 chips domestic  market 19,600 yuan/ton 19,600 yuan/ton
Nylon6 Filament POY 86D/24F domestic  market 16,350 yuan/ton 16,600 yuan/ton +250
Nylon6 Filament DTY 70D/24F domestic  market 18,500 yuan/ton 18,850 yuan/ton- +350
Nylon6 Filament FDY  70D/24F  17,050 yuan/ton 17,450 yuan/ton +400
Spandex 20D  domestic  market

PET-Resin rPET

35,000 yuan/ton 34,500 yuan/ton -500
Spandex 30D  domestic  market 33,500 yuan/ton 33,000 yuan/ton -500
Spandex 40D  domestic  market  30,500 yuan/ton 30,000 yuan/ton -500
Adipic Acid domestic market 8,650 yuan/ton 9,100 yuan/ton +450
Benzene domestic market

PET-Resin rPET

7,000 yuan/ton 7,280 yuan/ton +280
Benzene overseas  market 866 $/ton 882 $/ton +16
Ethylene South East market 850 $/ton 850 $/ton
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

PET-Resin rPET

9,700 yuan/ton 9,700 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,800 yuan/ton 12,650 yuan/ton -150
PP Powder domestic market

PET-Resin rPET

7,300 yuan/ton 7,330 yuan/ton +30
Naphtha overseas market  683 $/ton 674 $/ton -9
Phenol domestic market 7,862 yuan/ton 7,725 yuan/ton -87

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

PET-Resin rPET

Global Oil Prices Dip Following Angola’s OPEC Exit Announcement

Global oil prices took a hit on Thursday as news emerged of Angola’s decision to withdraw its membership from the OPEC. The country’s move has raised concerns about OPEC’s ongoing efforts to support oil prices by controlling the supply in the global market.

The announcement of Angola’s impending exit from OPEC sent shockwaves through the industry, resulting in a $1 decrease in oil benchmarks. The country’s oil minister, Diamantino Azevedo, asserted that remaining part of OPEC was not in Angola’s best interests. Over the past few months, OPEC, led by Saudi Arabia, has been rallying support for reducing output and driving up oil prices.  PET-Resin rPET

Shipping tracking firm Kpler’s Matt Smith suggested that OPEC appears to be losing its battle to keep prices high, especially as non-OPEC producers like the U.S. increase production to fill the emerging supply gap. Angola’s daily oil production, which is around 1.1 million barrels, is a small percentage of OPEC’s total daily output of 28 million barrels.

Angola might be one of the smaller contributors to OPEC’s output, but its decision to leave the group has prompted questions about OPEC’s unity and future strategy. However, Smith also pointed out that the impact of Angola’s departure on global supplies could be relatively minor.  PET-Resin rPET

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PET-Resin rPET

Plastics technology – Chinese scientists have successfully developed a revolutionary knittable fiber, drawing inspiration from the insulating properties of polar bear fur 26-12-2023

Plastics technology

PET-Resin rPET – Feedstock increase – Global Oil Prices Dip Following Angola’s OPEC Exit Announcement : Will other countries follow Nigeria?

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Plastics technology

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

NEXTCHEM (MAIRE) awarded licensing, process design and catalyst supply for biodegradable plastics intermediates in China

  • NEXTCHEM’s subsidiary CONSER, biodegradable plastics technology licensor, will provide the licensing, the process design and technical assistance expertise for its proprietary Duetto technology to produce added value products from maleic anhydride
  • This is the first award reflecting CONSER’s extended technology package, including hydrogenation catalyst supply

MAIRE (MAIRE.MI) announces that NEXTCHEM (Sustainable Technology Solutions BU), through its biodegradable plastics technology licensor CONSER, has been awarded technology licensing and catalyst supply by a prominent client, as part of a larger project located in Northwestern China.  Plastics technology

The scope of work entails licensing, process design package for CONSER proprietary Duetto technology and technical assistance during project execution, up to commissioning and start-up. As part of the agreement, CONSER will also supply the hydrogenation catalyst[1]. The Duetto technology offers a valuable solution in terms of CapEx, OpEx and energy efficiency to produce, with the same process, both butanediol[2] and dimethyl-succinate, the two intermediates needed to obtain biodegradable polymers.

Alessandro Bernini, MAIRE CEO, commented: “Since the acquisition of CONSER in April 2023, we have been working to further strengthen our technology package for the production of biodegradable polymers, which now spans from technology licensing and high-value process design services to the supply of catalysts. This award is a further demonstration of our top-class and broad portfolio of leading technologies that support our clients in the energy transition process.”  Plastics technology

[1] Hydrogenation Catalyst is a catalyst that activates a chemical reaction between hydrogen and another compound or element.

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Plastics technology

KAIST Unveils Eco-Friendly Strategies for Polyamides Production

Korea Advanced Institute of Science and Technology

– Provides current research trends in bio-based polyamide production

– Research on bio-based polyamides production gains importance for achieving a carbon-neutral society

Global industries focused on carbon neutrality, under the slogan “Net-Zero,” are gaining increasing attention. In particular, research on microbial production of polymers, replacing traditional chemical methods with biological approaches, is actively progressing.

Polyamides, represented by nylon, are linear polymers widely used in various industries such as automotive, electronics, textiles, and medical fields. They possess beneficial properties such as high tensile strength, electrical insulation, heat resistance, wear resistance, and biocompatibility.  Plastics technology

Since the commercialization of nylon in 1938, approximately 7 million tons of polyamides are produced worldwide annually. Considering their broad applications and significance, producing polyamides through bio-based methods holds considerable environmental and industrial importance.

KAIST (President Kwang-Hyung Lee) announced that a research team led by Distinguished Professor Sang Yup Lee, including Dr. Jong An Lee and doctoral candidate Ji Yeon Kim from the Department of Chemical and Biomolecular Engineering, published a paper titled “Current Advancements in Bio-Based Production of Polyamides”.

The paper was featured on the cover of the monthly issue of “Trends in Chemistry” by Cell Press.  Plastics technology

As part of climate change response technologies, bio-refineries involve using biotechnological and chemical methods to produce industrially important chemicals and biofuels from renewable biomass without relying on fossil resources.

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Plastics technology

In the ever-evolving landscape of automotive choices, safety has become a paramount consideration for discerning consumers

Beyond the usual factors like design, power, and comfort, the reliability and safety of a vehicle are now in the spotlight. Recent crash tests in 2023 have brought forth surprising revelations, positioning China at the forefront of car safety rankings.

While Chinese cars traditionally target the domestic market, their global influence is rapidly expanding. Notably, Chinese electric cars, navigating the delicate equilibrium between technological innovation and cost-effectiveness, are making a substantial impact. Despite lingering perceptions of affordability and high-tech features, there’s a newfound recognition of the safety prowess exhibited by Chinese vehicles.

In the latest crash tests conducted by Euro NCAP, a prominent independent safety assessment body, Chinese BYD emerged among the safest cars on the road. Traditionally lauded European brands such as Volkswagen and BMW still maintain their reliability status, but the inclusion of Chinese BYD Tang in the upper echelons of safety rankings signals a significant shift.  Plastics technology

As the automotive landscape continues to transform, the importance of feeling secure behind the wheel is escalating. The 2023 crash tests underscore that safety considerations are no longer confined to renowned European brands, with Chinese electric cars demonstrating commendable performance in protecting occupants during collisions.

This paradigm shift signifies the maturation of the Chinese automotive market, positioning it as a formidable contender on a global scale. Beyond mere aesthetics and speed, consumers are increasingly prioritizing safety, especially those with families or those who have experienced past accidents.  Plastics technology

The resilience exhibited by Chinese electric cars in crash tests is a testament to the industry’s maturity and its readiness to engage on equal terms in Western markets. In an era where safety is non-negotiable, China has overtaken its competitors and claimed its spot at the pinnacle of car safety rankings.

In the ever-evolving landscape of automotive choices, safety has become a paramount consideration for discerning consumers

EU economy emissions in 2022: down 22% since 2008

In 2022, greenhouse gas (GHG) emissions generated by economic activities of EU resident units stood at 3.6 billion tonnes of CO2 equivalents (CO2-eq), indicating a 22% decrease compared with 2008.

The activities with the highest GHG emissions in 2022 were the manufacturing industry and the supply of electricity, gas, steam and air conditioning, both with 745 million tonnes of CO2-eq, representing 21% of total greenhouse gases emitted. These were followed by households (718 million tonnes of CO2-eq; 20%), which are emitters of greenhouse gases related to transportation, heating and other purposes.  Plastics technology

Looking back, between 2008 (the first available year of data) and 2022, the largest relative decrease in GHG emissions was recorded in mining and quarrying (-40%), followed by the supply of electricity, gas, steam and air conditioning (-37%) and manufacturing (-28%).

These are estimates for the EU economy according to the air emissions accounts, which show the environmental impact of the whole economy, including international transport.

Source: Eurostat
EU economy emissions in 2022: down 22% since 2008

LyondellBasell and Pigeon Singapore Collaborate to Incorporate CirculenRenew Polymers in Nursing Bottles

LyondellBasell  and Pigeon Singapore – a market leader producing high quality mother and baby care products for Southeast Asia, Middle East, Africa and Oceania regions – announced today their collaboration on advancing the sustainable research and development efforts in baby nursing bottles.  Plastics technology

The renewed series of the Pigeon nursing bottles will use the LyondellBasell bio-based CirculenRenew polypropylene polymers, as part of Pigeon’s transitioning away from using 100% virgin polypropylene resins

LyondellBasell bio-based CirculenRenew polypropylene polymers (PP) are used in the cap and hood of the renewed Pigeon SofTouch™ T-Ester, PPSU and Glass nursing bottle (first three bottles from the left), and in the cap, hood and bottle of the PP nursing bottle and PP straw bottle (last two bottles). They are also used in the bottle handle of the PP straw bottle.  Plastics technology

The LyondellBasell CirculenRenew polymers are made from renewable feedstocks derived from bio-based wastes and residual oils, such as used cooking oils. These feedstocks are used in our conventional production processes along with conventional feedstocks, and are allocated to CirculenRenew products using an ISCC PLUS-certified mass balance approach. The use of renewable feedstocks offers a lower carbon footprint compared to fossil-based feedstocks.

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LyondellBasell and Pigeon Singapore Collaborate to Incorporate CirculenRenew Polymers in Nursing Bottles

Chinese scientists have successfully developed a revolutionary knittable fiber, drawing inspiration from the insulating properties of polar bear fur

The breakthrough, detailed in a study published in the journal Science on Friday, introduces an encapsulated aerogel fiber that possesses remarkable thermal insulation capabilities. Unlike traditional aerogel fibers, this innovative creation is washable, dyeable, and durable, making it ideal for incorporation into advanced textiles.

Inspired by the unique structure of polar bear fur, the researchers from Zhejiang University replicated a core-shell design featuring a porous core enveloped by a dense shell structure.  Plastics technology

This design effectively mimics the bear’s ability to stay warm and dry in harsh conditions. The resulting aerogel fiber, with lamellar pores, not only exhibits strength and stretchability but also retains its insulating properties even in wet or humid environments.

Remarkably, the fiber maintained its thermal insulation performance after undergoing 10,000 repeated stretching cycles at a 100 percent strain. In practical application, the researchers tested the fiber in a thin sweater, which, despite being only one-fifth as thick as a traditional down jacket, delivered comparable thermal insulation.

The successful development of this knittable fiber opens up exciting possibilities for the creation of multifunctional aerogel fibers and textiles, paving the way for innovative advancements in the field.  Plastics technology

Chinese scientists have successfully developed a revolutionary knittable fiber, drawing inspiration from the insulating properties of polar bear fur

Engineering plastics – Compostable fishing nets: An end to Ghost Nets in the oceans? 23-12-2023

Plastics technology

Engineering plastics – Compostable fishing nets: An end to Ghost Nets in the oceans? 23-12-2023

Engineering plastics

Japanese refining and petrochemical company Idemitsu has initiated the operational phase of its polystyrene (PS)-based engineering plastics plant in Johor state, Malaysia, boasting an annual production capacity of 9,000 tons

This successful launch in Malaysia has effectively doubled Idemitsu’s overall output capacity for its syndiotactic PS, a type of PS-based engineering plastic. The company already operates a similar 9,000-ton plant in Chiba prefecture, east Japan.

Syndiotactic PS plastics, known for their lightweight properties and resilience to heat and chemicals, find applications in electric vehicle (EV) components, home appliances, and kitchen utilities. Anticipating a surge in demand, particularly in Southeast Asia for EVs and kitchen utilities, Idemitsu strategically expanded its production capabilities in Malaysia to ensure stable output.  Engineering plastics

The decision to choose Malaysia as the new production site was facilitated by the proximity to Idemitsu SM Malaysia, a subsidiary providing the necessary feedstock styrene monomer (SM). The latter operates a 240,000-ton-per-year SM plant located adjacent to the syndiotactic PS project. However, specific details regarding the quantity of SM required for the annual production of 9,000 tons of syndiotactic PS were not disclosed.

In a move to streamline its petrochemical business, Idemitsu has opted to discontinue bisphenol-A production by October 2024. This decision stems from increased competition with Asian producers and oversupply in the market.  Engineering plastics

Engineering plastics

STF America announces the sale of a PET Bottle Washing Plant to Malama One Recycling LLC, Waiakea Volcanic Water

STF Group of Germany and Zimmer America Recycling Solutions announce the sale of a complete STF PET Bottle Recycling Plant in Hilo, Hawaii. The equipment will be installed at Malama One Recycling LLC, Waiakea Water, a supplier of sustainably sourced and packaged premium volcanic water.

The line has an initial capacity of 1.5 metric tons/hour output of flakes. It incorporates a modular design where the output can be increased to 2.5 metric tons/hour in the future.

In addition to PET, HDPE and PP are also recovered to be sold into the recycled material markets.  Engineering plastics

The line consists of machinery and equipment manufactured by STF Group in Germany. The sorting line includes Material Feeding and Conveying Systems, Bale Braker, Dosing Screws, Magnetic Over-Belt Metal Separator, Manual Sorting Station, Label Scraper, and Star Screen. The line also features wide Tomra AutoSort optical bottle sorters with two parallel streams.

The washing equipment includes STF Wet Grinder with Friction Cleaner and Circulation System, Air Stream Separation, Hot-Washers, Sink/Float Separation Stage with Stirring and Separating Containers, Post-Washers, Tomra Flake Sorting, Filling Stations for PET, PO and Labels as well as a Water Treatment System with Decanter, Neutralization Tank and Dosing Station.  Engineering plastics

 

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Engineering plastics

Emerging industries attract foreign investment

Volkswagen Anhui’s MEB plant in Hefei, capital of East China’s Anhui province, is buzzing with activity as more than 1,000 robots engage in the production of new energy vehicles.

Next to the production plant, two supplier parks have been set up, with 18 partners already moving in.

In just two and a half years, Volkswagen has built a new hub in Hefei, covering the complete value chain from research and development to manufacturing, sales and service of NEVs.  Engineering plastics

“We are specifically utilizing new technologies and the outstanding infrastructure of Anhui,” said Erwin Gabardi, CEO of Volkswagen Anhui. “We will also benefit from this innovative strength.”

Volkswagen is among several global companies that have consistently increased investments in China’s emerging industries.

As China promotes industrial innovation with technological innovation, more high-quality, high-end, and technologically innovative industries are becoming the new magnet for foreign investment.

Data from the Ministry of Commerce show that the actual use of foreign investment in manufacturing rose 1.9 percent year-on-year to 283.44 billion yuan ($39.84 billion) during the first 10 months, with that in high-tech manufacturing logging an increase of 9.5 percent.  Engineering plastics

 

ngineering plastics

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Engineering plastics

Compostable fishing nets: An end to Ghost Nets in the oceans?

Ghost nets lost from fishing boats become deadly traps for marine wildlife, persisting for centuries. Now a South African/Swedish joint venture aims at ending the problem with compostable fishing nets.

Fishing nets lost at sea are a major source of plastic pollution in the ocean. These so-called “ghost nets” drift globally, ensnaring and killing fish, dolphins, seals, birds, and sea turtles. They can last up to 600 years, releasing microplastics as they slowly degrade.

Now South African initiative Catchgreen, is developing a solution. By creating nets and other gear from compostable Biodolomer, a net lost at sea would degrade into biomass within a few years. They also have a higher density so they will sink to the bottom of the ocean where they cause less harm and are subject to microbes that speed up decomposing.  Engineering plastics

– Biodolomer nets will not only reduce ghost fishing,” says Emma Algotsson, project lead at Catchgreen and CEO of Kompost-It. “It will reduce the amount of micro plastics in the ocean. And old nets can be disposed of at industrial composting facilities and turned into biomass.

Biodolomer was invented by packaging material legend Åke Rosén who has been instrumental in developing many materials for Tetra Pak and has over 65 patents to his name.  Engineering plastics

 

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Compostable fishing nets: An end to Ghost Nets in the oceans?

Plastic waste – whose responsibility?

India has opted for the EPR route

Over the past 100 years, the world has produced more than 8.8 billion tonnes of plastic, 460 million tonnes (or 5%) of which were produced in 2019 alone. As a result, plastic waste has proliferated, and plastic pollution has become one of today’s most pressing environmental challenges around the globe.

In India, the problem of plastic waste is being tackled by an Extended Producer Responsibility system. Under the present EPR system, the Central Pollution Control Board (CPCB) has mandated recyclers to report their plastic packaging recycling data and generate EPR credits for the same.  Engineering plastics
It is a policy approach under the Solid Waste Management Rules of 2016, which makes producers responsible for the end-of-life disposal of their products. This means that manufacturers, brand owners, and importers are legally obligated to manage the collection and disposal of their products in an environmentally sound manner. The goal of EPR is to encourage producers to design products that are more environmentally friendly and to take responsibility for the entire life cycle of their products, including their disposal.

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Plastic waste - whose responsibility?

OQ’s latest polymer innovations

Headquartered in Oman, OQ stands out for its diverse expertise as an energy transition enabler across various markets. Excelling in polypropylene (PP) and polyethylene (PE), catering to both flexible and rigid packaging solutions, OQ has announced two major product launches designed to solve industry challenges and provide key sustainability benefits.

First is the OQ Luban polypropylene impact copolymer portfolio, introducing Luban EP 2340L, EP 2340P, and EP 2348R, which underwent initial proving in 2022 and are set for a full launch in Q4 2023. These grades, along with the upcoming Luban EP 2348S and EP 2348T are scheduled for launch in the same quarter. These products provide solutions covering a broad range of applications, including thin-walled packaging, appliances, automotive parts, and consumer goods, industrial, containers, crates, batteries, and beyond.  Engineering plastics

Alongside this, OQ is also launching Luban LL8446.21 – a new LLDPE Rotomoulding solution. Designed to enable safe, clean, and reliable storage and transportation of water and other liquids, it has multiple applications, including water tanks, chemical containers, pallets, traffic barriers, air conditioning enclosures and refuse bins.

OQ will showcase all its latest polymer portfolio innovations at Arabplast 2023 in Hall 4/C110

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OQ’s latest polymer innovations

Taking Pressure from Supply Shift, The US and Mexico Propylene Prices Surge in December

In the second week of December 2023, the U.S. Propylene market experienced a significant price surge of 8.5%, driven by pivotal shifts in commercial crude oil inventories, a crucial feedstock for Propylene production. The latest U.S. Energy Information Administration (EIA) weekly petroleum status report revealed a notable 4.3-million-barrel decrease in inventories, excluding the Strategic Petroleum Reserve (SPR), between December 1 and December 8.  Engineering plastics

This decline directly influenced Propylene prices, reaching the week-ending December 15. U.S. crude oil stocks, excluding the SPR, declined to 440.8 million barrels on December 8, down from 445.0 million barrels on December 1, significantly lower than the December 9, 2022, figure of 424.1 million barrels. SPR crude oil remained steady at 351.9 million barrels on both December 8 and December 1, compared to 382.3 million barrels on December 9, 2022. The broader U.S. petroleum market experienced a 10.0-million-barrel week-on-week decrease and a 2.2% downturn, with total petroleum stocks reported at 1.611 billion barrels on December 8.

Meanwhile, in the Mexican market, Propylene prices observed an 8.4% increase, influenced by expensive Propylene imports from overseas, particularly the USA, where prices rose by 8.5%. Despite this, the Propylene Refinery Grade price remained stable at USD 281 per metric ton.  Engineering plastics

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Taking Pressure from Supply Shift, The US and Mexico Propylene Prices Surge in December

Plastics circularity -Environment could be in for a break after enzyme found that can devour plastic 22-12-2023

Engineering plastics

Plastics circularity -Environment could be in for a break after enzyme found that can devour plastic 22-12-2023

“The right choice for your production”

 “Plastic that makes the difference”

Plastics circularity

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Batteries that charge twice as much: the invention of a start-up from the Polytechnic University of Milan

Exciting developments are emerging from the Polytechnic University of Milan, where a dynamic startup, Lyft Energy, founded by two visionary researchers, Eugenio Gibertini and Maurizio Sansotera, is revolutionizing the landscape of electric vehicle technology. The groundbreaking innovation lies in their ability to transform lithium metal batteries, renowned for their superior storage capacity yet traditionally considered disposable, into rechargeable powerhouses, effectively doubling their charging potential.

Lithium anode batteries, distinguished by a capacity ten times greater than those utilizing graphite or other metals, have long been hindered by their single-use nature. Gibertini and Sansotera, experts in applied physical chemistry and chemical foundations of technologies, respectively, have successfully devised an insulating film to impede lithium movement between the anode and cathode.  Plastics circularity

This innovative film ensures that the battery remains functional even after multiple uses, addressing the disposability challenge.

The researchers entrusted the construction of the prototype to materials engineer Piergiorgio Marziani, whose initial results demonstrated remarkable promise. To expedite the industrialization of their invention, the trio welcomed Ground Control Holding as a strategic partner, acquiring a 10% stake in Lyft Energy.

The remaining ownership of this groundbreaking startup firmly rests in the hands of the visionary researchers, signifying a promising journey toward reshaping the future of electric vehicle technology.  Plastics circularity

Plastics circularity

Environment could be in for a break after enzyme found that can devour plastic

Plastic pollution is a huge environmental challenge, contributing to the proliferation of extensive landfill sites across the world. Plastic does not degrade naturally in the same way wood rots or even metal rusts, meaning that once the material is discarded into the environment, its impact is felt for years. Less than 10 percent of plastic around the world is recycled.

To address this issue, scientists have discovered an enzyme which is capable of rapidly breaking down the polymer bonds within plastics. By breaking down plastics to a molecular level, landfill sites will significantly enhance their recycling capacity for these materials.

Polyethylene terephthalate or PET, is the plastic commonly used in consumer packaging such as water bottles, food packaging and many other types of containers, making it account for more than 10 percent of all global waste. Plastics circularity

Scientists in the United States, South Korea and the European Union are using machine learning to develop enzymes which can break down PET into smaller parts and then reform them. The enzyme is so efficient that some plastics could be broken down in as little as 24 hours.  Plastics circularity

First discovered over 20 years ago in a pile of rotting leaves, naturally occurring bacteria use such enzymes to break down the cuticle wax on fallen tree leaves.

Usually plastics in landfill sites are simply burned to remove them. This process takes up a lot of energy and significantly pollutes the atmosphere with toxic waste. The alternative recycling process is also far from ideal, taking huge amounts of energy to break plastics down chemically in order to reform them in the recycling process.

Plastics circularity

INEOS Inovyn expands PVC portfolio; new products include NEOVYN range with reduced CO2 footprint, RECOVYN made from 100% recycled carbon feedstock, and the bio-attributed PVC BIOVYN

  • INEOS Inovyn introduces NEOVYN, the new PVC range with a reduced carbon footprint meeting 2030 market targets on GHG reductions;
  • BIOVYNTM, our current bio-attributed PVC, is optimised to progressively reach a carbon neutral footprint, becoming the net zero option;
  • For circularity, RECOVYNTM completes the new Sustainable PVC Portfolio, for customers aiming to increase recycled content with PVC.
  • “The new products we bring to the market will help our customers’ and business to jointly achieve our sustainability goals” says Arnaud Valenduc, Business Director of INEOS Inovyn.  Plastics circularity

INEOS Inovyn has today announced the expansion of its PVC portfolio – to offer new products that meet society’s everyday needs, with a significantly reduced carbon footprint and increased recycled content.

In the area of carbon neutrality, BIOVYNTM, the bio-attributed PVC launched by INEOS Inovyn in 2019, is designed to become carbon neutral and the net zero option. BIOVYNTM has been used increasingly across various sectors from automotive, building and construction, to medical and fashion applications, where fossil-free solutions with a reduced carbon footprint are needed.  Plastics circularity

To support customer targets for 2030 GHG reductions, INEOS Inovyn offers NEOVYN, which is a new PVC range with a significantly reduced carbon footprint that is 37% lower than the European industry average for suspension PVC (reduced to 1.3 kg CO2 per kg PVC).

NEOVYN will be produced from the many sustainable initiatives that INEOS Inovyn is pursuing, such as an increased access to renewable energy, process electrification and the production and use of renewable hydrogen. NEOVYN will become the new low carbon footprint standard enabling converters to progress on their carbon roadmap by reducing their Scope 3 emissions and offer low carbon footprint products to their customers.

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Plastics circularity

In the closing months of 2023, Italian industries are embracing a hydrogen-powered future with vigor, marking a significant stride towards cleaner processes

The impending three years will see pivotal utilization of public funds earmarked for territorial centers, primarily situated in derelict industrial zones. Notably, four projects have been unveiled in a single week, spanning from the north to the south of the country.

In Abruzzo’s Goriano Sicoli, an accord was inked between the municipal administration and Infinite Green Energy – IGE Italia, signaling the initiation of large-scale green hydrogen production in the Peligna Valley. Meanwhile, the Friuli Venezia Giulia Region has allocated 14 million euros for renewable hydrogen production in abandoned industrial areas. In Basilicata, the region boasts the highest renewable energy production and has received 12 requests for the production of renewable hydrogen.  Plastics circularity

Looking southward to Lazio, the Frosinone industrial district is set for reconversion by 2026. The “HELIOS” project in Patrica, a collaboration involving ENGIE, Società Gasdotti Italia (SGI), and the Lazio Industrial Consortium, aims to become Central Italy’s largest electrolysis production center, with an investment of 20 million euros, partially financed by the PNRR “Hydrogen Valleys” tender.

This surge in interest aligns with European decarbonization goals, as articulated by President Ursula von der Leyen, who recently revealed authorizing over €17 billion in state aid for 80 hydrogen projects across the EU. The Lazio valley project, occupying a 10-hectare disused industrial area, is poised to rejuvenate the pharmaceutical sector, producing approximately 400 tonnes of green hydrogen annually through electrolysis of water using renewable energy.  Plastics circularity

This initiative, developed in collaboration with the University of Cassino, signifies a modern power-to-gas plant, indicative of Italy’s commitment to hasten the transition to cleaner energy and enhance competitiveness for small and medium-sized businesses in 2023.

In the closing months of 2023, Italian industries are embracing a hydrogen-powered future with vigor, marking a significant stride towards cleaner processes

H2 Tank – First Cevotec system destined for Japan

FPP unit will be primarily dedicated to the production of H2 composite tanks with dome reinforcements.
Cevotec, the leading provider of automation equipment based on fibre patch placement (FPP) technology, is introducing the first FPP production system to the Japanese market.Fuji Industries, a specialised Japanese trading company in industries such as aerospace and high-tech equipment, has ordered Cevotec’s Samba Pro PV system which will be primarily dedicated to advancing H2 tank production with dome reinforcements which reduce the weight, cost and environmental footprint of composite tanks significantlyThe order follows a preview of Cevotec’s new Samba Pro PV FPP system dedicated to the production of reinforcements for hydrogen pressure vessels at the 2023 JEC in Paris.  Plastics circularity
Fuji  is committed to advancing Japan’s composites production capabilities and support the local industry with advanced technology solutions.“With FPP it is possible to reinforce the dome areas of type 4 hydrogen tanks which leads to significant material savings,” said Junji Yamada, president and CEO of Fuji Industries.
“This technology has the potential to establish a new standard in composite tank production – it enables us to support our customers with new automation options that they need to stay competitive.”In order to enable broad industrial and scientific engagement with the first FPP system in Japan, Fuji is planning to situate the system at a strategic R&D location accessible to relevant industry companies in aerospace and H2 and is well integrated in the Japanese composite research ecosystem.  Plastics circularity
More…H2 Tank - First Cevotec system destined for Japan

ICIS: Cautiously optimistic future for plastics circularity

The circular economy has been one of the most powerful megatrends affecting the plastics industry over the last few years and is widely anticipated to keep building momentum in the future.

However, in 2023, global macroeconomic headwinds including recessionary fears became a real test for companies’ sustainability commitments.  Plastics circularity

Overall low polymer demand across the key end-use industries with subsequent drops in virgin prices over 2023 made some companies (particularly those less exposed to consumer or regulation pressure) switch to low-cost feedstock alternatives. In the first half of 2023, this was virgin material. As a result, the existing record high prices for recycled polymers began to decline as well. While this may seem like a positive development as more brand owners might access more cost competitive recycled polymers, the long-term affect is likely to be adverse – disincentivising much-needed investments into building sorting and recycling capacity.

The current global mechanical recycling penetration rates (recycled polymer production divided by total polymer consumption) across the major commodities, such as polyethylene terephthalate (PET), polyethylene (PE) and polypropylene (PP), sits within 5-15%, according to the ICIS Supply & Demand Database and ICIS Recycling Supply Tracker – Mechanical. Despite a challenging 2023, production of mechanically recycled polymers is forecast to witness relatively strong growth supported by continuing consumer pressure, voluntary pledges and new legislation across the globe.  Plastics circularity

However, if the current market trends continue and no major acceleration happens, ICIS does not expect those global mechanical recycling penetration rates to exceed 20% by 2050. The main reasons include not only the overall growth of polymer consumption, but also the existence of certain plastic applications, which are intrinsically challenging to be recycled mechanically (for example, flexibles or textiles) as well as stringent requirements for contact-sensitive applications (for example, food-grade recycled polyolefins).

ICIS: Cautiously optimistic future for plastics circularity

Boosting hemp fibre production in Texas

 Panda Biotech has completed the construction and commissioning of the Panda High Plains Hemp Gin in Texas with the capacity to process ten metric tons of industrial hemp for textiles and nonwovens every hour.

In addition it will produce hurd, short-fibre hurd mix and a nutrient-rich co-product that will be pelletized. The facility is expected to be the largest hemp decortication centre in the Western Hemisphere and among the largest in the world.  Plastics circularity

“Each piece of the Panda Hemp Gin production line, including the three miles of overhead pneumatic duct lines, refining, blending, mechanical cottonization, hurd bagging and baling must be individually started, checked, balanced, and commissioned,” says Panda Biotech executive vice president Scott Evans. “Currently, all equipment is individually being brought online to be officially placed in service.”

Using only renewable energy sources, the engineering and production process at the Panda Hemp Gin has been certified green by Mid-South Engineering Company, in accordance with the International Capital Market Association’s Green Bond Principles. Panda Biotech has also partnered with Oritain, a scientific traceability company, to bring the most traceable hemp grown 100% in the United States to market.  Plastics circularity

Boosting hemp fibre production in Texas

Green Hydrogen – APK is gearing up for the establishment of its expansive Newcycling® plant, marking a pivotal moment in the company’s strategic evolution 21-12-2023

Plastics circularity

Green Hydrogen – APK is gearing up for the establishment of its expansive Newcycling® plant, marking a pivotal moment in the company’s strategic evolution 21-12-2023

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Economic Decline: Ecosystems’ Impact on Global Well-being

In a sobering study conducted by scientists at the University of California, Davis, and Scripps Institution of Oceanography at UC San Diego, the future economic landscape is predicted to bear the brunt of ongoing ecosystem degradation. Published on December 19, 2023, the research forewarns that by 2100, economic benefits derived from ecosystem services may plummet by up to 9%, exacerbating global inequalities.

The analysis, employing global vegetation and climate models alongside World Bank estimates, posits an average 1.3% reduction in gross domestic product worldwide due to climate change-induced alterations in vegetation, rainfall patterns, and elevated CO2 levels.  Green Hydrogen

This grim outlook is compounded by the unequal distribution of impacts, as the world’s poorest 50% of countries are projected to shoulder a staggering 90% of GDP damages. In contrast, the wealthiest 10% may experience more limited losses at just 2%. The study emphasizes the critical role natural capital plays in less developed countries’ economies, underscoring the need for robust climate mitigation measures to safeguard these ecosystems.

Bernardo Bastien-Olvera, a doctoral student at UC Davis, poses a crucial question: What is lost when an ecosystem is degraded? The study contends that the losses extend beyond economic impacts, encompassing clean air, water, healthy forests, and biodiversity—collectively constituting “natural capital” that directly influences human well-being and economic prosperity. The researchers stress the urgency of recognizing and addressing these often overlooked damages to mitigate economic losses and foster global well-being in the coming decades.  Green Hydrogen

Green Hydrogen

MEGlobal rolls over January MEG ACP

MEGlobal has maintained the monoethylene glycol (MEG) Asian Contract Price (ACP) for January 2024 at $840 per tonne, according to a company insider. This marks a stability compared to the December ACP. The pricing structure is established on a CFR (cost and freight) basis in the Asian market.

It’s noteworthy that MEGlobal had previously set the ACP for December 2023 at $840 per tonne, reflecting a $10 per tonne increase from the November ACP, as communicated by a company source. Again, the pricing for December was based on CFR terms in the Asian market.  Green Hydrogen

The decision to rollover the MEG ACP for January suggests a strategic approach to maintaining pricing consistency in the market. This move comes after a modest increment in the previous month, indicating stability in MEGlobal’s pricing strategy amidst market dynamics. The ACP not only serves as a benchmark for industry players but also reflects MEGlobal’s response to prevailing economic factors influencing the monoethylene glycol market in the Asian region.

Green Hydrogen

Aquafil Ranked First Among Global Companies in the “textiles” Subindustry …

Aquafil S.p.A. [ECNL:IM] [ECNLF:OTCQX] ranked as the top company globally in the “Textiles” subindustry according to the Morningstar Sustainalytics ESG Risk Rating1.

The excellent rating of 10.7 improved by 4.7 points2 from the rating received in 2022.

Today, the Group is ranked in the “low” ESG risk level, slightly above the “negligible” one.

The score is measured on a scale consisting of 5 levels (Negligible, Low, Medium, High, Severe) and a rating from 1 (lowest risk) to 100 (highest risk).

Moreover, with this result, Aquafil is in the third percentile of the companies rated globally by Morningstar Sustainalytics, a leading company in ESG analysis and evaluation. An abstract of the report is posted on the website at: https://www.sustainalytics.com/esg-rating/aquafil-spa/2005614095   Green Hydrogen

“The result obtained confirms our commitment and the effectiveness of the improvement process already initiated, which aims to achieve, by 2025, a negligible assessment of the ESG risk level”, stated Giulio Bonazzi, Chief Executive Officer of Aquafil.

For more information on Aquafil’s ESG commitment and specific initiatives, please see the Sustainability section on the website https://www.aquafil.com/esg-agenda-2030/

Aquafil is a pioneer in the circular economy also thanks to the ECONYL® regeneration system, an innovative and sustainable process able to create new products from waste and give life to an endless cycle. The nylon waste is collected in locations all over the world and includes industrial waste but also products – such as fishing nets and rugs – that have reached the end of their useful life. Such waste is processed to obtain a raw material – caprolactam – with the same chemical and performance characteristics as those from fossil sources. The polymers produced from ECONYL® caprolactam are distributed to the Group’s production plants, where they are transformed into yarn for rugs carpet flooring and for clothing.  Green Hydrogen

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Aquafil Ranked First Among Global Companies in the "textiles" Subindustry ...

APK is gearing up for the establishment of its expansive Newcycling® plant, marking a pivotal moment in the company’s strategic evolution

Hailing from Merseburg/Leuna, Germany, APK AG is poised to enter the new year with robust momentum, having meticulously laid the groundwork for its ambitious expansion in 2023. The company has not only secured the backing of formidable investors such as LyondellBasell and KIRKBI A/S but has also attained noteworthy ISO certifications. The inking of initial product supply agreements further fortifies APK AG’s foundation, setting the stage for the commencement of construction in 2024.

Dr. Robert Marx, the Chief Technology Officer (CTO) of APK AG, underscores the propitious environment for expansion, attributing it to the European Commission’s initiative mandating the use of plastic recyclates in packaging and, subsequently, in the automotive sector.  Green Hydrogen

The groundwork laid in early 2023, with LyondellBasell and KIRKBI A/S committing a substantial investment of 130 million euros, positions APK AG to utilize mixed waste from flexible plastic packaging for producing high-quality LDPE recyclates.

APK AG achieved a significant milestone in the summer of 2023 when TÜV Rheinland certified the company in accordance with ISO Standard 9001-Quality Management Systems. These certifications, encompassing quality management, environmental management, and energy management systems, play a pivotal role in attracting and assuring investors.

Looking ahead to 2024, APK AG anticipates an exciting journey with the full-scale planning and construction of the Newcycling® plant. CTO Dr. Robert Marx hints at forthcoming details about the plant’s location and capacity, signaling a promising and dynamic year for APK AG and its groundbreaking Newcycling® technology.  Green Hydrogen

Green Hydrogen

As a forward-thinking automotive industry leader, Toyota remains committed to diversification in its pursuit of sustainable mobility

Recognizing that one-size-fits-all solutions don’t apply to the future of electric vehicles (EVs), Toyota is strategically investing in various battery technologies to address different needs.

The company’s dedication to innovation is evident in its exploration of solid-state batteries, a technology poised to redefine zero-emission transport. While progress is incremental, Toyota aims to enhance its existing batteries, projecting a 1,000 km range for its EVs by 2027, ensuring that traditional lithium-ion batteries with liquid electrolytes remain relevant.  Green Hydrogen

In tandem with these developments, Toyota is actively researching solid-state batteries, foreseeing a potential 1,200 km range on a single charge. Although the market release date remains undisclosed, Toyota’s pioneering work since 2020 suggests a commitment to staying ahead of competitors, hinting at a potential surprise announcement.

A notable addition to Toyota’s future lineup is the introduction of bipolar batteries, anticipated by 2026 or 2027. Green Hydrogen

Leveraging a distinct internal structure, these batteries promise increased autonomy and faster charging. For instance, the bZ4X electric car equipped with bipolar batteries is projected to achieve a range of 480 to 800 km, with an impressive 20-minute charge time from 10% to 80%, outperforming current standards.

Derived from the technology developed for nickel-metal hydride batteries in Toyota’s hybrid cars, bipolar technology will be implemented in both traditional lithium-ion batteries and lithium iron phosphate accumulators. This forward-looking approach underscores Toyota’s commitment to providing diverse and efficient solutions, reinforcing its position as an industry leader in the electric vehicle revolution.  Green Hydrogen

As a forward-thinking automotive industry leader, Toyota remains committed to diversification in its pursuit of sustainable mobility

APEAL regrets lack of support for recyclability shown by European Council

APEAL regrets a lack of ambition regarding recyclability measures in the European Council’s General Approach to Packaging and Packaging Waste Regulation (PPWR).

“Initiatives such as the European Green Deal and the Circular Economy Action Plan (CEAP) serve as a global model. The General Approach of the Member States in Council missed the opportunity to signal the importance of delivering an ambitious packaging and packaging waste plan for Europe,” said Steve Claus, Secretary General of APEAL.

APEAL acknowledges the Council’s efforts to define high-quality recycling. However, we believe that incorporating the concept of multiple recycling into the definition of high-quality recycling within the legislative articles would convey an even more robust message to industry.  Green Hydrogen

An ambitious definition of high-quality recycling could act as a driving force for packaging manufacturers to enhance the recyclability of their products, thereby fostering to a more effective and efficient recycling process.

APEAL particularly regrets that ‘recyclability performance grades’ based on design for recycling criteria, will not realise their full potential.  Green Hydrogen

“Ambitious recyclability performance grades, including strong qualitative recyclability criteria, would have been a great step forward to a truly EU Circular Economy, ensuring that packaging that can be recycled multiple times and can feed a closed material loop scheme is duly recognised at the top of the recycling hierarchy”.

APEAL regrets lack of support for recyclability shown by European Council

SIBUR to register climate project with Global Carbon Council

SIBUR, a Russian petrochemical company, will issue carbon credits following the registration of a solar power projects at one of its facilities, said the company.
The project will be registered with the Global Carbon Council (GCC), an international carbon offsetting programme.
During COP28, the Qatar-registered GCC announced the launch of its own carbon credit registry, which, among other things, will enable Russian businesses to register projects and issue carbon credits, something they are currently prevented from doing by IHS Markit, an international carbon credit market operator.  Green Hydrogen
SIBUR has applied to the GCC to register a solar power project at its POLIEF facility. Once the project is registered, SIBUR will become the first Russian company to issue carbon credits under an international programme since Russia established its own system for emissions trading. SIBUR plans to issue around 18,000 carbon credits.
The solar power plant, which has a capacity of 4.9 MW (10,080 solar panels) and takes up an area of more than 8 hectares, supplies power for the production of Vivilen PET pellets using recycled plastics.
Elena Myakotnikova, Head of SIBUR’s Climate Initiatives and Carbon Regulation, said: “We have been upgrading our production facilities and reducing our environmental footprint thanks to consistent investment over a period of many years. The registration of our carbon credits with the Global Carbon Council will be a milestone in terms of recognition of our climate-related projects, laying the foundation for our carbon credits to be traded on the international market.”  Green Hydrogen

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SIBUR to register climate project with Global Carbon Council

Ionomr Innovations raises $26.7 million cad to boost Green Hydrogen sector

Simon Fraser University spinout has raised $55.4 million CAD to date.

Vancouver and Rochester, NY-based electrochemical engineering startup Ionomr Innovations has closed a $26.7-million CAD ($20-million USD) Series A extension.

The financing was led by returning investors NGIF Cleantech Ventures and Pallasite Ventures, and saw participation from Shell Ventures, Chevron Technology Ventures, Finindus, Samsung Ventures, SAIC Capital, N.V. Bekaert, and Asahi Kasei.

According to a spokesperson from Ionomr, the round is an extension raised at a higher valuation. The startup’s last funding round totalling $18.7 million CAD was announced in early 2022. This funding brings its total Series A financing to $46.6 million CAD, and its total funding to $55.4 million CAD.  Green Hydrogen

“The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users.”

Bill Haberlin

Founded in 2018 and spun out of Vancouver’s Simon Fraser University, Ionomr Innovations develops ion-exchange membranes and polymers, which are designed to be more efficient, cost-competitive solutions for the hydrogen economy that eliminate the need for expensive precious metal requirements for hydrogen production and CO2 electrolysis.

Ionomr’s materials, Pemion and Aemion, are designed for use in fuel cells, hydrogen production, and carbon capture and conversion processes.  Green Hydrogen

Last year, the startup was one of the 13 Canadian companies named to the Global Cleantech 100.

“We are delighted to receive the financial support of industry players that represent the full spectrum of the hydrogen ecosystem,” said Bill Haberlin, CEO of Ionomr Innovations. “The participation of leaders across our industry underscores that Ionomr is delivering proven competitive advantages to our customers and their system users.”

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PET Bottles – Focus on circular and sustainable packaging  20-12-2023

Green Hydrogen

PET Bottles – Focus on circular and sustainable packaging  20-12-2023

“The right choice for your production”

 “Plastic that makes the difference”

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Tomra and Sutco Collaborate to Enhance Sorting Capabilities at Svensk Plaståtervinning’s Expanded Facility in Sweden

Svensk Plaståtervinning’s Site Zero, a Swedish plastics recycling facility, has undergone a significant expansion with the support of technology providers Tomra and Sutco.

The facility, located in Motala, Sweden, now boasts over 60 Tomra Autosort units as part of its sorting process for discarded packaging, resulting in 12 marketable polymer fractions. The expansion, completed in late 2022, positions the facility to process up to 42 metric tons of material per hour, contributing to the CEO’s vision of achieving zero waste and closing the loop on plastics in Sweden.  PET Bottles

Mattias Philipsson, CEO of Svensk Plaståtervinning, emphasized the importance of the project in increasing plastic recycling rates in Sweden, aiming to tap into the substantial potential of recyclable materials.

The collaboration with Tomra and Sutco has allowed the facility to adopt state-of-the-art sorting technology, facilitating material recovery and achieving purity levels of up to 98 percent.  PET Bottles

The project reflects a successful partnership, with Tomra providing cutting-edge sorting technology, Sutco leading in plant construction, and Svensk Plaståtervinning driving the initiative.

The resulting Site Zero serves as a model for sorting facilities across Europe, demonstrating the commitment to sustainable practices and environmental stewardship. The facility’s owner has plans to further enhance reprocessing capacities nearby, solidifying the project’s impact on the circular economy and promoting a greener future for plastic recycling. PET Bottles

PET Bottles

Victoria’s largest PET plastic bottle recycling plant opens

A new $50 million PET plastic bottle recycling plant has opened in Melbourne, coinciding with the start of Victoria’s Container Deposit Scheme.

The Circular Plastics Australia (PET) plant has the capability to recycle the equivalent of up to one billion 600ml PET plastic beverage bottles a year into high-quality, food-grade resin, which is then used to make new recycled PET beverage bottles and food packaging such as meat trays and fruit punnets.

PET is a joint venture between Pact Group, Cleanaway Waste Management, Asahi Beverages, and Coca-Cola Europacific Partners (CCEP) and was formed to accelerate the local plastic circular economy.  PET Bottles

Amanda Sellers, CEO of Asahi Beverages, said it is a big step towards creating a truly circular economy in Victoria.

“This plant helps ensure soft drink bottles collected via the Victorian CDS and recycling bins get another life as beverage bottles or food packaging.”

The facility is the biggest of its kind in Victoria and is equipped with state-of-the-art equipment capable of producing 2.5 tonnes of recycled PET resin per hour, and at full production, the facility will employ about 45 people for its 24/7 operations and supported around 60 full-time jobs during its construction.  PET Bottles

Orlando Rodriguez, Managing Director at CCEP, said CCEP is determined to be a leader in Australia’s circular economy.

“Through this investment, alongside the introduction of Victoria’s CDS, we have made great strides in closing the loop on beverage packaging locally. Seven out of 10 of our PET bottles are now made from 100 per cent recycled plastic (excluding caps and labels).”

This is the second PET recycling facility now operational in Australia, with the first, in Albury NSW, commencing operations in March 2022.  PET Bottles

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PET Bottles

Focus on circular and sustainable packaging 

The emerging significance of recycling technologies

The increased focus on the environment and climate has pushed companies harder to consider the sustainability of packaging and at the same time maintain its quality. Recycling technologies are critical components of the continuously improving process of transforming discarded plastic into new products.

Advanced and mechanical recycling each have an important role in creating more efficient processes.  PET Bottles

Speaking on the importance of the topic, Bambang Candra, Asia-Pacific commercial vice-president, of Dow packaging & specialty plastics told Packaging South Asia, “At Dow, we recognize that the world simultaneously needs more sustainable packaging options and less waste.

Plastic waste is in large supply – but it is not being accessed.

The gap between the downstream demand for circular plastics and the available supply is significant. The recycling of packaging waste, however, presents considerable logistical and operational challenges – with materials often ending up incinerated or buried along with general household waste.”  PET Bottles

According to Candra, though about 54% of recycled waste comprises rigid plastics, there is significant room for flexible packaging to become more recyclable. “The industry must realize that plastics are simply too valuable to be thrown away.

The 18 million metric tons of recycled plastic waste in 2022 alone generated a total gross product equivalent to CNY (Chinese Yuan) 105 billion (US$14.8 billion) in value. There is value in waste, and we are working to transform waste into circular and renewable solutions that contribute to sustainable packaging.”  PET Bottles

PET Bottles

US Paraxylene Contracts Exhibit a Decline in December

In December, contract prices for U.S. paraxylene (PX) witnessed a decline, dropping by one cent to reach 54 cents per pound (equivalent to USD 1,190.5 per tonne). This dip in prices can be attributed to the persistent downward trend in mixed xylene (MX) prices, coupled with subdued demand in the market. The ongoing decrease in xylene prices follows the culmination of the summer driving season, a period marked by heightened demand for MX due to increased gasoline consumption.

However, the outlook for MX demand suggests a continuing decline throughout the remainder of the year.  PET Bottles

The surplus in paraxylene supply remains a significant factor influencing pricing dynamics. The subdued demand for paraxylene stems from the sluggish market conditions for polyethylene terephthalate (PET), primarily driven by factors such as elevated mortgage rates and interest rates. These economic factors have rendered home purchases, renovations, and automobile acquisitions less affordable for consumers. Consequently, the demand for PET, a major application of paraxylene, has remained low.

Paraxylene plays a pivotal role in the production of polyester, as well as in the manufacturing of terephthalic acid (TPA) or dimethyl terephthalate (DMT). These materials serve as key components in various industries, with approximately 98% of paraxylene utilized for polyester and TPA or DMT production. Moreover, DMT is also employed in the synthesis of polybutylene terephthalate (PBT) resin.  PET Bottles

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US Paraxylene Contracts Exhibit a Decline in December

Teijin Frontier Announces Development Of Microft™ MX, A New Material For Sports And Outdoor Wear That Evenly Combines The Texture And Functionality Of Polyester And Nylon

Teijin Frontier Co., Ltd., the Teijin Group’s fibers and products converting company, today announced the development of Microft™ MX, a next-generation, high-quality, high-performance material. This product is made from highly-deformed cross-section multifilament yarn*, which is a uniform mixture of single filaments of polyester and nylon, using a unique spinning technology, as the optimal woven or knitted structure. The evenly mixed polyester and nylon filaments produce deep colors.  PET Bottles

And Microft™ MX has the appearance of a finely woven chambray due to difference in dyeing effect of both materials.

*Multifilament yarn: A filament yarn made by pulling together dozens of single yarns (single fibers) into a single yarn.

The raw yarn has a gently V-shaped highly-deformed cross-section, which provides bulkiness and a spun-like, soft texture. Uniformly mixing polyester and nylon on the surface and in the structure of the woven fabric produces a combination of desirable features from both materials, such as the abrasion resistance and color development capabilities of nylon, and the water absorption, quick-drying properties and shape stability of polyester.  PET Bottles

In recent years, fashions that combine the practicality of sports and outdoor apparel with lifestyle have been expanding in popularity. There is a growing need for fabrics with superior functionality, plus new looks and textures, that differ from conventional products.

Polyester and nylon are often used in sports and outdoor clothing. Advances in product development are being made to take advantage of polyester’s stretch properties, dimensional stability, water absorption and quick-drying properties, and nylon’s abrasion resistance and vivid colors. However, no progress has been made in developing materials that combine the texture and functionality of polyester and nylon. PET Bottles

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Teijin Frontier Announces Development Of Microft™ MX, A New Material For Sports And Outdoor Wear That Evenly Combines The Texture And Functionality Of Polyester And Nylon

Proposed Bill Aims to Transform Plastic Bottle Recycling reducing dependence on virgin polyethylene terephthalate (PET)

Spearheaded by the Environmental Protection Authority and collaboratively crafted by experts from the Ministry of Industry and the Food and Beverage Industry Research and Development Center, the bill is positioned to legalize the incorporation of recycled PET (R-PET), particularly in the reuse of plastic bottles for food packaging.

Bekele Mekuria, the director of the Food and Beverage Industry Research and Development Center, underscores the necessity of standardized regulations for R-PET in food packaging. Aligning with the ‘Hazardous Waste Management and Disposal Control Decree Proclamation’ established in 2018, the proposed regulation aims to meticulously outline procedures for integrating R-PET into food packaging.  PET Bottles

The potential impact is immense—projected cost savings of up to USD 50 million annually in PET imports, job creation, and a substantial contribution to environmental preservation. The bill, currently under review by the Ministry of Justice, spans nine sections and over two dozen articles. It delineates roles, responsibilities, and standards for the entire process, encompassing PET material technology, control systems, compliance, and quality standards.

Once approved, the regulation is poised to attract investors to the packaging industry, fostering a sustainable future. It mandates transparent labeling by recycling companies and obligates food producers to inform consumers about packaging specifics, promoting responsible practices.  PET Bottles

This regulatory framework marks a pivotal step towards mitigating the adverse effects of plastic waste, emphasizing the intersection of human health, economic development, and environmental sustainability.

Proposed Bill Aims to Transform Plastic Bottle Recycling reducing dependence on virgin polyethylene terephthalate (PET)

Coca-Cola introduces 100% recycled PET bottles for the first time in Malaysia

The new 100% recycled plastic PET bottles prominently feature the slogan Dari Botol Jadi Botol – signifying the transformative journey each bottle takes to re-enter the supply chain.

Coca-Cola Malaysia is making significant strides towards circularity in plastic packaging. On Dec 14, their nationwide launch featured CocaCola Original Taste and Coca-Cola Zero Sugar 500ml bottles made from 100% recycled plastic bottles, excluding the caps and labels.  PET Bottles

Coca-Cola currently offers at least one brand made from 100% recycled plastic bottles in over 40 countries worldwide, including Indonesia, Myanmar, Vietnam, Thailand, Singapore and now Malaysia.

The launch follows the company’s efforts to address the urgent issue of plastic waste and to promote sustainability in Malaysia. These efforts involve various strategic partnerships aimed at enhancing closed loop circular packaging.

Earlier on Oct 11, Coca-Cola Malaysia, in collaboration with the American Malaysian Chamber Of Commerce (Amcham Malaysia), hosted the Our Future, Our Choice sustainability forum where key stakeholders, including the Natural Resources, Environment and Climate Change (NRECC) Minister Nik Nazmi Nik Ahmad as well as the Malaysian Recycling Alliance (MAREA) were in attendance.  PET Bottles

The panel discussed the role of post-consumer packaging in advancing the circular economy, stressing the importance of creating the right ecosystem for collecting and recycling plastics, while ensuring consumers understand the recycling process.

The Coca-Cola Company (Asean and South Pacific) sustainability and partnerships director Kirsten van Zandwijk stated: “Recognising the urgency and complexity of the plastic waste challenge in Malaysia, we acknowledge the collaborative efforts needed to address this issue.

“In line with our commitment to building a circular economy in the country, we are introducing innovative packaging designs like our new 100% recycled plastic bottles. These bottles align with our brand philosophy of Dari Botol Jadi Botol, emphasising that every bottle has a second life. PET Bottles

We are also expanding collection and recycling programmes and deepening stakeholder and industry partnerships.

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Coca-Cola introduces 100% recycled PET bottles for the first time in Malaysia

Textile Industry – Before drinking tea or coffee in a paper cup, know its disadvantages, you will be surprised! 19-12-2023

PET Bottles

Textile Industry – Before drinking tea or coffee in a paper cup, know its disadvantages, you will be surprised! 19-12-2023

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Flame Retardant Could Be Made From Discarded Cocoa Husks

On cocoa farms around the world, cocoa beans are pulled from their pods, and the hard husks are discarded, leaving 20 million tons of plant waste to biodegrade and potentially harm future crops. These husks are a source of lignin, a substance that gives plants their rigidity. It’s extremely abundant—but often wasted.

A new study published in the journal ACS Sustainable Chemistry and Engineering found that the lignin processed from leftover cocoa pod husks could have a new use as an ingredient in flame retardantTextile Industry

“Lignin is pretty special, as it is very soluble in organic solvents,” said study co-author Dr. Nicholas Westwood, a professor of chemistry and chemical biology at St. Andrews University in Scotland, in an email. This means lignin can be chemically manipulated to create a number of useful substances relatively easily.

Because of lignin’s malleability, Westwood and his coauthors were able to add a flame-retardant molecule to the processed substance, and found that the modification increased its already naturally high ability to smother flames.

That’s just one possible application. While lignin hasn’t found widespread industrial use yet, scientists hold hope for it to become a greener alternative for fuel and a biodegradable plastic instead of just being leftovers. Processing biomass for food or fuel also produces a massive amount of lignin as a byproduct, which has been converted to materials like activated charcoal or carbon foam. “There are endless possibilities,” Westwood said.  Textile Industry

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Textile Industry

Sales of electric cars with Chinese batteries blocked in the United States

In response to the growing influence of Chinese electric car manufacturers and concerns about national security, the Biden administration has taken steps to impede the sale of electric vehicles (EVs) equipped with Chinese batteries and components in the United States. Despite the inevitable shift towards electric mobility, the government aims to curb the proliferation of EVs with ties to China. China has emerged as a major global player in electric vehicle battery production, prompting the U.S. to safeguard its market against potential vulnerabilities.

To deter the adoption of EVs with Chinese connections, the American government has implemented new eligibility criteria for incentives under the “Inflation Reduction Act” plan. Prospective buyers can now qualify for a tax credit of up to $7,500 only if the electric car they purchase does not contain batteries manufactured in the “foreign entity of concern” or components from China, Russia, North Korea, and Iran. Textile Industry

Another stipulation requires that no critical minerals used in the electric car’s components are sourced from China.

This move not only impacts Chinese automakers but also affects global manufacturers like Stellantis and Ford, as it restricts the sale of vehicles with Chinese batteries. While the initial provision faced criticism due to the U.S. automotive sector’s inability to produce electric car batteries independently, adjustments have been made to exclude specific materials from the restriction, as outlined by the U.S. Treasury Department.

Textile Industry

Euro area Dec biz activity falls steeper; manufacturing leads downturn

INSIGHTS

  • Business activity in the euro area fell at a steeper rate in December, according to provisional purchasing manager’s index survey data, according to S&P Global Ratings and Hamburg Commercial Bank.  Textile Industry
  • Manufacturing led the downturn, with output falling for a ninth month running, the rate of decline re-accelerating after the moderation seen in November.

Business activity in the euro area fell at a steeper rate in December, according to provisional purchasing manager’s index (PMI) survey data, closing off a fourth quarter that has seen output fall at its fastest rate for 11 years barring only the early-2020 pandemic months, according to S&P Global Ratings and Hamburg Commercial Bank (HCOB).

Downturns were again recorded across the manufacturing sector, which reported a further steep fall in inflows of new business, leading to a further depletion of backlogs of work.

Jobs were cut for a second month running as firms scaled back operating capacity in line with the worsening order book situation and persistent gloomy prospects for the year ahead, with future sentiment remaining well below its long-run average despite lifting slightly higher.  Textile Industry

Factories also cut inventories of inputs at a rate not seen since 2009.

Inflation signals in the euro area were mixed: input cost inflation cooled but selling price inflation accelerated, the latter notably remaining elevated by historical standards, S&P Global said in a release.

The seasonally adjusted HCOB Flash eurozone composite PMI output index registered 47 in December, down from 47.6 in November to signal a seventh consecutive monthly reduction in business activity across the euro area.  Textile Industry

The weak reading rounds off the sharpest average quarterly decline in activity recorded by the survey since the fourth quarter of 2012, if early pandemic lockdown months are excluded.

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Textile Industry

Before drinking tea or coffee in a paper cup, know its disadvantages, you will be surprised!

  1. The Deceptive Allure of Convenience

The allure of convenience is undeniable, especially in a society that values efficiency and time-saving solutions. Paper cups, celebrated for their disposability, seem to offer a quick and easy fix for those constantly on the move. However, does the convenience of a paper cup overshadow potential health and environmental concerns?

1.1 Environmental Fallout

While the disposable nature of paper cups may seem convenient, it comes at a considerable environmental cost.  Textile Industry

The seemingly innocent act of using a paper cup contributes to the already escalating problem of single-use plastic alternatives. The environmental fallout demands a closer look at the true impact of our convenience-driven choices.

  1. The Plastic Predicament

Contrary to popular belief, paper cups are not entirely made of paper. They often feature a hidden plastic lining, a design choice aimed at preventing leakage. This raises questions about the environmental friendliness of these seemingly innocent vessels.

2.1 The Recycling Quandary

The blend of paper and plastic in these cups creates a recycling challenge.

The intricate separation process required for recycling diminishes the eco-friendly image of paper cups. This underscores the need for a more sustainable approach to our daily choices.  Textile Industry

  1. The Temperature Tango

One may not consider the interaction between hot beverages and paper cups, but this delicate dance can impact both taste and safety.

3.1 Heat and Chemical Interaction

When hot liquids come into contact with paper cups, chemical interactions can occur. This phenomenon raises concerns about the potential transfer of harmful substances from the cup to your drink. Textile Industry

The unsuspecting consumer may be unknowingly exposed to these substances, highlighting a previously overlooked aspect of the paper cup experience.

More…

Before drinking tea or coffee in a paper cup, know its disadvantages, you will be surprised!

Shale production in the United States restarts, threat to OPEC

Shale oil production is experiencing a resurgence in the United States, posing a significant challenge to OPEC+’s efforts to constrain production for price control. The current surge indicates an estimated daily output of 13.3 million barrels, surpassing the previous US federal government prediction of 12.5 million barrels, and even surpassing the entire production of Venezuela.  Textile Industry

This revival in shale production is attributed to advancements in technology, which have streamlined and accelerated the extraction process. In the aftermath of the 2014 market bubble that impacted the sector, American companies redirected their focus towards process enhancement and ensuring the profitability of investments, resulting in a notable rebound in shale oil production.

As reported by Bloomberg, the resurgence of shale in the United States threatens to disrupt OPEC+’s strategic approach, which relies on limiting production to influence and stabilize oil prices. The scale of the production increase underscores the resilience and adaptability of the US shale industry, underscoring its potential to reshape the global oil market landscape.  Textile Industry

Shale production in the United States restarts, threat to OPEC

Bangalore Hosts The Lenzing Conclave: Spearheading Sustainable Solutions for the Textile Industry

The Lenzing Group, a global leader in wood-based specialty fibers, organized ‘The Lenzing Conclave’ in Bengaluru. This event served as a platform for brands, retailers, and selected garment manufacturers to gather and exchange insights on current consumption trends and the future trajectory of textile fibers and fabrics leading up to 2030. The discussions delved into the crucial factors driving dynamic transformations within the industry.

The showcase featured a comprehensive display of end-products utilizing Lenzing fibers across various segments such as denim, home textiles, intimate and loungewear, general outerwear, and traditional wear. Participants had the opportunity to directly experience Lenzing’s latest products and innovations.  Textile Industry

Notably, the exhibition highlighted the impressive variety of LENZING™ ECOVERO™ black fibers, renowned for delivering exceptional depth of black color in fabrics, and LENZING™ ECOVERO™ with REFIBRA™ technology, a step closer to a circular economy. This innovative offering reflects Lenzing’s commitment to sustainability and the pursuit of groundbreaking products. Recently, Lenzing transformed its Indonesian manufacturing site to produce LENZING™ ECOVERO™ fibers, certified with the internationally recognized EU Ecolabel for environmental excellence[1]. The site will also provide LENZING™ ECOVERO™ black fibers for Asian customers.  Textile Industry

As a trailblazer in the evolving textile industry, Lenzing continues to introduce pioneering and environmentally conscious solutions that align with the evolving demands of the Indian market. The conclave witnessed enthusiastic participation from essential stakeholders, fostering valuable networking opportunities and collaborative dialogues, further solidifying Lenzing’s position as a frontrunner in the ever-changing textile landscape.

Bangalore Hosts The Lenzing Conclave: Spearheading Sustainable Solutions for the Textile Industry

With over two decades of experience in the Italian packaging machinery industry, I have played a pivotal role in contributing to the sector’s unprecedented success

As of 2023, the industry has achieved a groundbreaking milestone, surpassing €9 billion in total sales revenues, marking a remarkable 6% increase from the previous year and securing its third consecutive record.

My leadership as the Ucima Chairman has witnessed the industry’s robust growth primarily driven by exports, constituting an impressive 81.3% of revenues and expected to reach €7.36 billion by year-end—an outstanding 12% surge from 2022. Notably, export sales have seen substantial increases across diverse geographical regions, with North America, the European Union, Asia, and South America experiencing year-on-year growth ranging from 17% to 31%.  Textile Industry

Despite the positive outlook for 2024, challenges loom on the horizon, notably the impact of evolving geopolitical scenarios and pending EU directives on packaging usage. Nevertheless, the industry remains resilient, having secured a record 8.2 months’ worth of orders.

While celebrating these achievements, there is a need for cautious optimism, as domestic sales have experienced a concerning 14% decline, attributed to the inflationary crisis and uncertainties surrounding Industry 4.0. As the industry navigates through these challenges, the RePowerEU initiative’s allocation of €6.3 billion for the Industry 5.0 plan is seen as a positive development, though more clarity is sought on fund distribution and criteria.  Textile Industry

In terms of global leadership, the Italian packaging industry continues to shine, with Italian-made technologies enjoying sustained demand worldwide. I have championed innovation within the industry, emphasizing the integration of artificial intelligence solutions into machinery—a key focus for future development and international expansion.

Ucima’s active involvement in advocating for the Italian waste recycling model is evident in our collaboration with other supply chain associations. The recent positive outcome in the European Parliament’s packaging directive vote is applauded, but our commitment to defending our unique waste recycling system remains unwavering. Textile Industry

With over two decades of experience in the Italian packaging machinery industry, I have played a pivotal role in contributing to the sector's unprecedented success

Plastic loop – Eurecat Develops New Ultra-Thin Smart Interface for New Generation of Cars 18-12-2023

Textile Industry

Plastic loop – Eurecat Develops New Ultra-Thin Smart Interface for New Generation of Cars 18-12-2023

“The right choice for your production”

 “Plastic that makes the difference”

Plastic loop

yuan vs usd

Bright-PET chips – EXCLUSIVE-Eni exploring sale of stake in bioplastic maker Novamont 

More…

Plastic loop

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

These Chinese LFP batteries boast ultrafast charging

In a groundbreaking development, Zeekr, a brand under the Geely group, has unveiled a cutting-edge lithium-iron-phosphate (LFP) battery during the Zeekr Power Day event. Known as the Golden Brick Battery, this innovation promises an astonishing 500 km of autonomy in just 15 minutes, leveraging an 800 Volt architecture. Presented as a game-changer in the field of LFP batteries, known for their cost-effectiveness and ease of production compared to NMC lithium-ion counterparts, the Golden Brick Battery is set to hit the market in 2027, featuring an unprecedented 80% plus active material percentage.

What sets the Golden Brick apart is its remarkable resilience – proven to function flawlessly after enduring extreme conditions, including an 8-hour exposure to -45 degrees and exposure to flames at 1,000 degrees.  Plastic loop

This remarkable achievement was showcased during Zeekr Power Day, where the company illustrated its progress and future plans.

Notably, Svolt, a Chinese company under Great Wall ownership, also announced a revolutionary product during its Battery Day event. The Svolt Short Blade, featuring LFP chemistry and an 800 Volt architecture, can achieve a rapid 5C charging speed, translating to a remarkable 350 km of autonomy in just 10 minutes. Excitingly, the Short Blade is expected to hit the market in 2024, further advancing the landscape of fast-charging LFP batteries.  Plastic loop

Plastic loop

From Japan, a system for producing cheaper batteries

A breakthrough in battery technology has emerged from Japan, promising to revolutionize the production of lithium cobalt oxide, a crucial component in lithium-ion batteries. Researchers from Hokkaido University and Kobe University have developed a groundbreaking method that synthesizes lithium cobalt oxide at a significantly lower temperature of 300 degrees Celsius, in contrast to the current 800 degrees Celsius requirement, and achieves a remarkable tenfold increase in speed.

Traditionally, manufacturing lithium cobalt oxide involves lengthy industrial processes spanning 10 to 20 hours, necessitating exposure to high temperatures.

The Japanese researchers, however, have streamlined the process to a mere 30 minutes at a lower temperature, resulting in substantial time and energy savings.

The innovative approach employs cobalt hydroxide and lithium hydroxide as base materials, with sodium and potassium hydroxide as additives. Through systematic experimentation, the team perfected a hydroflow process for synthesizing layered crystals of lithium cobalt oxide.  Plastic loop

While the newly produced compound exhibits slightly lower technical characteristics and electrochemical properties compared to its high-temperature counterpart, it still delivers comparable performance.

Professor Masaki Matsui, leading the research project, highlighted the crucial role of water molecules in enhancing the crystallinity of the final product, underscoring a deep understanding of the chemical reactions driving the production process.

This groundbreaking method holds promise for accelerating battery production at reduced costs, contributing to the widespread adoption of electric vehicles and fostering a more sustainable future.  Plastic loop

Plastic loop

Closing the plastic loop

Plastic products bring important benefits to society – they help improve living standards and deliver health, safety and sustainability benefits. Plastic waste, however, is a global issue and where waste is not managed appropriately, it ends up polluting the environment. Estimates suggest that of the 353 million tonnes of plastic waste generated globally, only 9% is recycled, and the remainder goes to landfill or incineration – or is unmanaged after use.

Shell, alongside many others, is committed to finding lasting solutions to plastic waste. We want to play our part in the transformation of the plastics value chain from linear to circular, reducing the need for raw materials and introducing more recycled products into everyday life.  Plastic loop

Chemical recycling: key to tackling plastic waste

In recent decades, plastic recycling has mostly been limited to plastic waste streams which are relatively easy to collect and mechanically recycle like drink bottles or milk containers. However, alternative techniques are needed for plastics that cannot be mechanically recycled and are currently incinerated or go to landfill. These are hard to recycle plastics like snack bags, plastic film, garden furniture and others.

Chemical or advanced recycling uses different technologies to expand the types of plastics that can be recycled. Shell is working on several technologies to utilise waste and is focusing particularly on chemical recycling through pyrolysis: a special heating process that turns hard-to-recycle plastics into a liquid.  Plastic loop

This liquid, referred to as pyrolysis oil, replaces virgin hydrocarbons in the production of chemicals which are the building blocks of a wide range of products we use every day, including new plastic products.

More…

Closing the plastic loop

Eurecat Develops New Ultra-Thin Smart Interface for New Generation of Cars

The technology center presents the Púlsar project, which has developed a smart plastic surface just 3 millimeters thick.

The Eurecat technology center has developed a smart plastic surface just 3 millimeters thick, which has an interface that allows users to communicate with a machine, software or intuitive system with built-in LED lighting and capacitive sensors which is expected to be embedded in the central electronic system of the new generation of cars.

“The need for digital transformation and the growing importance of design, integration, personalisation and standing out from the competition means the industry is constantly evolving and developing highly innovative products and services,” says David Pardos, head of business development in Eurecat’s Mobility team.  Plastic loop

“By way of example, functional surfaces with haptic response activation featuring tactile sensations are gaining ground.”

The innovation has been created as part of the Púlsar project which has been run at Eurecat’s plastronics pilot plant. The facility specializes in functional printing and embedded devices and “has a track record spanning over 10 years of experience in electronics whether printed, hybrid or injected in plastic parts and functional fabrics,” notes Cristina Casellas, head of technology transfer at Eurecat. “This enables the technology centre to deliver solutions to complex and specific challenges across a wide range of sectors such as the automotive industry.”  Plastic loop

The Púlsar project can be seen at the Automotive Interiors fair in Stuttgart, Germany, where Eurecat is also showcasing plastic parts which imitate various textures such as marble, wood and fabric along with plastronics parts simulating push buttons with printed contact sensors and embedded optoelectronic devices.

Eurecat Develops New Ultra-Thin Smart Interface for New Generation of Cars

New standard for circular plastics ensures higher quality and cost reduction

Cirplus has developed a new standard for the use of recycled plastics together with the IKK — Institute of Plastics and Circular Economy and the Kunststoff-Institut Luedenscheid.

DIN SPEC 91481 improves the quality assurance of polyamide-based recyclates through the correction of previously insufficient data quality. It provides clear guidelines for the classification and description of waste and recyclates, thus simplifying trade in recycled plastics. In addition, the cooperation partners have developed a concept for a digital product passport for recycled plastics and waste along the entire value chain, which can also be implemented at European level.  Plastic loop

The digital product passport in accordance with DIN SPEC 91481 ensures comprehensive data collection and processing from raw material to compound. The aim is to ensure the data quality of the material over its entire life cycle, and to create and legally pass on the often-missing information at raw material level.

“Quality variations and price differences between virgin and recycled plastics currently make it difficult to expand the recyclate market. Standards facilitate the use and procurement of recycled plastics.  Plastic loop

They are therefore a prerequisite for the scaling of the recycling industry. DIN SPEC 91481 creates more clarity for polyamide-based waste and recyclates and provides an important step towards a deeper digitalisation of the plastics and waste industry,” remarks Christian Schiller, founder and CEO of Cirplus.

More…

New standard for circular plastics ensures higher quality and cost reduction

Copyright: Cirplu

US import prices fall 0.4%, export prices by 0.9% in Nov 2023

The price index for imported fuel declined by 5.6 per cent in November following a 3.7-per cent drop in October. The November decrease was the largest monthly decline since the index fell by 5.6 per cent in February this year.

Prices for non-fuel imports in the United States rose by 0.2 per cent in the month, after declining by 0.2 per cent in each of the three previous months. The November increase was the first one-month advance since a 0.4-per cent rise in February 2023.

Despite the November increase, non-fuel import prices declined by 0.4 per cent over the past year.  Plastic loop

The price index for non-fuel industrial supplies and materials rose by 0.2 per cent in November following a 0.6-per cent decline the previous month.

Prices for major finished goods import categories remained mostly unchanged in November.

Lower prices for non-agricultural exports in November more than offset higher agricultural prices.

Non-agricultural export prices decreased by 1 per cent for the second consecutive month in November. The declines followed a 2.7-per cent increase for the third quarter this year, a BLS release said.  Plastic loop

The price index for non-agricultural industrial supplies and materials fell by 2.2 per cent in November, after decreasing by 2.4 per cent the previous month. Lower fuel prices drove the declines for both months, decreasing by 5.1 per cent in November and by 4.3 per cent in October.

More…

US import prices fall 0.4%, export prices by 0.9% in Nov 2023

Plastic tax – The APR Design® for Plastics Recyclability Program, formerly known as Meets Preferred Guidance (MPG), is undergoing a notable expansion, introducing six additional packaging components 16-12-2023

Plastic loop

Bright-PET chips – EXCLUSIVE-Eni exploring sale of stake in bioplastic maker Novamont 18-12-2023

 

“The right choice for your production”

 “Plastic that makes the difference”

Bright-PET chips

 Bright-PET chips

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

 Bright-PET chips

 Bright-PET chips

Polyestertime
ITEM 11/12/2023 18/12/2023 +/-
Bottle grade PET chips domestic market 6,800 yuan/ton 6,800 yuan/ton
Bottle grade PET chips export market 875 $/ton 875 $/ton
Filament grade Semidull chips domestic market 6,620 yuan/ton 6,620 yuan/ton
Filament grade Bright chips domestic market 6,650 yuan/ton 6,640 yuan/ton -10
Pure Terephthalic Acid PTA domestic market 5,715 yuan/ton 5,655 yuan/ton -60
Pure Terephthalic Acid PTA export market 700 $/ton 700 $/ton

 

Monoethyleneglycol MEG domestic market 4,065 yuan/ton 4,160 yuan/ton +95
Monoethyleneglycol MEG export market 480 $/ton 492 $/ton +12
Paraxylene PX FOB  Taiwan market

 Bright-PET chips

974 $/ton 982 $/ton
+8
Paraxylene PX FOB  Korea market 951 $/ton 959 $/ton +8
Paraxylene PX FOB EU market 1,030 $/ton 1,005 $/ton -25
Polyester filament POY 150D/48F domestic market 7,425  yuan/ton 7,400 yuan/ton
-25
Recycled Polyester filament POY  domestic market 7,500 yuan/ton 7,500 yuan/ton
Polyester filament DTY 150D/48 F domestic market 8,850 yuan/ton 8,820 yuan/ton -30
Polyester filament FDY 68D24F

 Bright-PET chips

8,800 yuan/ton 8,800 yuan/ton
Polyester filament FDY 150D/96F domestic market 8,050 yuan/ton 8,100 yuan/ton +50
Polyester staple fiber 1.4D 38mm domestic market 7,200 yuan/ton 7,180 yuan/ton -20
Caprolactam CPL domestic market 12,850 yuan/ton 13,000 yuan/ton
+150
Caprolactam CPL overseas  market 1,600 $/ton 1,600 $/ton
Nylon 6 chips overseas  market 1,850 $/ton 1,850 $/ton
Nylon 6 chips conventional spinning domestic  market 13,750 yuan/ton 13,950 yuan/ton +200
Nylon 6 chips  high speed spinning domestic  market

 Bright-PET chips

14,150 yuan/ton 14,250 yuan/ton +100
Nylon 6.6 chips domestic  market 19,800 yuan/ton 19,600 yuan/ton -200
Nylon6 Filament POY 86D/24F domestic  market 16,250 yuan/ton 16,350 yuan/ton +100
Nylon6 Filament DTY 70D/24F domestic  market 18,400 yuan/ton 18,500 yuan/ton- +100
Nylon6 Filament FDY  70D/24F  17,100 yuan/ton 17,050 yuan/ton -50
Spandex 20D  domestic  market

 Bright-PET chips

35,000 yuan/ton 35,000 yuan/ton
Spandex 30D  domestic  market 33,500 yuan/ton 33,500 yuan/ton
Spandex 40D  domestic  market  30,500 yuan/ton 30,500 yuan/ton
Adipic Acid domestic market 8,700 yuan/ton 8,650 yuan/ton -50
Benzene domestic market

 Bright-PET chips

6,970 yuan/ton 7,000 yuan/ton +30
Benzene overseas  market 842 $/ton 866 $/ton +24
Ethylene South East market 890 $/ton 850 $/ton -40
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

 Bright-PET chips

9,700 yuan/ton 9,700 yuan/ton
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,900 yuan/ton 12,800 yuan/ton -100
PP Powder domestic market

 Bright-PET chips

7,300 yuan/ton 7,300 yuan/ton
Naphtha overseas market  641 $/ton 683 $/ton +42
Phenol domestic market 7,742 yuan/ton 7,862 yuan/ton +120

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

 Bright-PET chips

EXCLUSIVE-Eni exploring sale of stake in bioplastic maker Novamont

Eni is reportedly exploring the possibility of selling a minority stake in its bioplastic subsidiary, Novamont, engaging in discussions with potential investors, in a move that could value the bioplastic giant at approximately €1 billion ($1.1 billion).

Earlier this year, Eni expanded its chemical portfolio by acquiring the remaining 64% of Novamont, previously held by private equity funds Investitori Associati II and NB Renaissance. Bright-PET chips

Eni now aims to expedite Novamont’s growth by seeking partnerships with investors, potentially enhancing the sustainability of its overall chemical business and increasing exposure to the circular economy sector.

Novamont, located in Piedmont and owned through Eni’s chemical unit, Versalis, stands as the global leader in bioplastic production. Noteworthy investors expressing interest in the prospective deal include Norway’s private equity fund HitecVision and U.S. fund Blackstone. Discussions remain in their early stages, and Eni has not yet determined the exact stake size for potential sale.

In contrast to traditional plastics, predominantly derived from fossil fuels and posing environmental challenges, bioplastics such as Novamont’s MATER-BI are made from natural or renewable sources and boast biodegradable properties. Novamont’s extensive patent portfolio, with over 1,400 patents and applications, underscores its commitment to advancing sustainable alternatives in the bioplastic industry. Bright-PET chips

EXCLUSIVE-Eni exploring sale of stake in bioplastic maker Novamont

EPA Begins Process to Prioritize Five Chemicals for Risk Evaluation Under Toxic Substances Control Act

Today, the U.S. Environmental Protection Agency (EPA) announced that it is beginning the process to prioritize five additional toxic chemicals for risk evaluation under the nation’s premier chemical safety law. If, during the 12-month long statutory process, EPA designates these five chemicals as High Priority Substances, EPA will then begin risk evaluations for these chemicals. Bright-PET chips

EPA plans to prioritize the following chemicals for risk evaluation under the Toxic Substances Control Act (TSCA):

  • Acetaldehyde (CASRN 75-07-0),
  • Acrylonitrile (CASRN 107-13-1),
  • Benzenamine (CASRN 62-53-3),
  • 4,4’-Methylene bis(2-chloroaniline) (MBOCA) (CASRN 101-14-4), and
  • Vinyl Chloride (CASRN 75-01-4).

“Under the Biden-Harris Administration, EPA has made significant progress implementing the 2016 amendments to strengthen our nation’s chemical safety laws after years of mismanagement and delay. Today marks an important step forward,” said Assistant Administrator for the Office of Chemical Safety and Pollution Prevention Michal Freedhoff.  Bright-PET chips

“Moving forward to comprehensively study the safety these five chemicals that have been in use for decades is key to better protecting people from toxic exposure.”

“Most vinyl chloride is used to make polyvinyl chloride (PVC) plastic, which poses significant health and environmental problems that have been known for over 50 years. This is one of the most important chemical review processes ever undertaken by the EPA. I applaud the EPA for launching this review,” said Judith Enck, President of Beyond Plastics and former EPA Regional Administrator.

This step is consistent with a commitment from the Biden-Harris Administration to understand and address environmental and toxic exposures as part of the Cancer Moonshot’s mission to end cancer as we know it, and as progress on delivering environmental justice. Bright-PET chips

More…

EPA Begins Process to Prioritize Five Chemicals for Risk Evaluation Under Toxic Substances Control Act

Plastic tax – The APR Design® for Plastics Recyclability Program, formerly known as Meets Preferred Guidance (MPG), is undergoing a notable expansion, introducing six additional packaging components 16-12-2023

“Plastic that makes the difference”

 “Plastic that makes the difference”

Plastic tax

The German government is reportedly in the process of devising a plastic packaging tax, as disclosed by sources in German media

Steffen Hebestreit, a government spokesperson, has confirmed that the federal administration aims to levy charges on companies responsible for introducing plastic into the market. The anticipated consequence is that these companies will likely transfer the incurred costs to consumers. This initiative mirrors the EU’s plastic levy implemented in 2021, wherein 80 Euro cents per kilogram of non-recyclable packaging waste are charged. Presently, the German government, alongside several other EU counterparts, covers the 1.4 billion Euro levy from the state treasury.  Plastic tax

Since the commencement of 2023, manufacturers and importers of plastic in Spain have been subjected to a charge of 45 Euro cents per kilogram of plastic. Meanwhile, Italy is set to implement a tax on single-use packaging starting in 2024. According to reports from Germany, the projected impact on the average consumer would amount to an annual payment of €30 for the plastic tax. This move aligns with broader European efforts to address environmental concerns and promote sustainable practices in packaging and waste management.

Plastic tax

Werner & Mertz in cooperation with Alpla has increased the share of rPET from the Yellow Bag to 75% in their bottles

Werner & Mertz, in collaboration with Alpla, has significantly elevated the proportion of recycled PET (rPET) sourced from the Yellow Bag to 75% in their PET bottles. This accomplishment is part of Germany’s innovative dual-system plastic packaging collection, a pioneering initiative for the circular economy. The system serves as an optimal reservoir for the creation of new packaging through resource-efficient mechanical recycling, aligning with the principles of a climate-friendly circular economy.

The partnership between Werner & Mertz and Alpla within the Recyclate Initiative has yielded success in establishing a genuine circular economy. The Frosch PET bottles, manufactured by the German cleaning products company, now boast a composition of 75% rPET from the Yellow Bag, with the remaining 25% sourced from European deposit bottle collections, all subject to mechanical recycling.  Recycled PET

This achievement was facilitated by cutting-edge sorting facilities and insights gained from continuous monitoring of delivered PET bales in the recycling plant. Alpla’s advancements in sorting efficiency through software and computer technology have played a crucial role in enhancing the precision and speed of sorting.

It is crucial to note the origin of plastic packaging, as demonstrated by the success of recycling plastic from the Yellow Bag. The study by ETH Zürich emphasizes that the combustion of fossil carbon for plastics production far exceeds the carbon contained as feedstock in plastics. This revelation underscores the environmental significance of mechanical recycling over incineration, which not only reduces plastic waste but also minimizes greenhouse gas emissions associated with plastic production. The commitment to using recycled plastic from reliable sources contributes significantly to a more sustainable and climate-friendly circular economy. C

Visit Werner & Mertz

Visit Alpla

Plastic tax

North American PET recycling rate drops to 37.8% in 2022: NAPCOR

In its 2022 PET Recycling Report, the National Association for PET Container Resources (NAPCOR), representing the PET industry in the US, Canada, and Mexico, disclosed a dip in the North American PET recycling rate to 37.8%, down from 38.4% in 2021. Notably, the US experienced a decrease from 30.3% to 29% during the same period. Despite this, the report highlighted a milestone as the market consumption of recycled PET (rPET) bottles surpassed 50% in the US and Canada. Plastic tax

Moreover, the report indicated a 15% rise in recycled content usage in US bottles. NAPCOR projected a substantial increase in PET collection—1.75 billion pounds, an 85% boost compared to 2022—to meet the target of 25% rPET content in all bottles by 2025, with a subsequent goal of reaching 50% by 2030.

To address this challenge, the association urged the implementation of new policies and enhancements in recycling infrastructure to meet the escalating demand for post-consumer recycled content in North American markets. NAPCOR’s executive director, Laura Stewart, emphasized the imperative need for collaborative efforts among manufacturers, consumers, and packagers to effect significant changes for achieving full circularity in the PET industry.  Plastic tax

The report also underscored an 88% increase in the use of recyclate from post-consumer PET thermoforms in 2022, with an average post-consumer rPET content of 12%.

Plastic tax

Sulzer launches new biodegradable polymer for bioplastics

Sulzer, the Swiss technology giant, is broadening its bioplastics repertoire with the introduction of CAPSUL™, a cutting-edge licensed technology designed for the continuous manufacturing of polycaprolactone (PCL). PCL, a biodegradable polyester widely utilized in packaging, textiles, agriculture, and horticulture, is at the forefront of Sulzer’s sustainable plastic solutions.

CAPSUL™ stands out for its seamless end-to-end process, ensuring optimal performance in producing high-quality PCL grades at competitive rates.

This addition to Sulzer’s suite of renewable and circular plastic technologies, which includes polylactic acid (PLA) process technology, consolidates the company’s commitment to environmental responsibility.  Plastic tax

The CAPSUL™ PCL technology, developed by Sulzer Chemtech, integrates purification and polymerization steps into a fully streamlined, highly efficient, and continuous process.

This innovative biopolymer technology is versatile, adapting seamlessly to a wide range of industrial scales, and is poised to accelerate the adoption of biodegradable and compostable PCL. Key applications for premium PCL grades include consumer packaging, 3D printing, footwear, agricultural films, textiles, and medical devices.

Uwe Boltersdorf, President of the Chemtech Division at Sulzer, expressed enthusiasm about the role of PCL in curbing plastic waste, stating, “We are thrilled to facilitate the large-scale production of PCL from both conventional and renewable resources.

This aligns with our ongoing support for industry stakeholders in their journey towards sustainability.”  Plastic tax

Plastic tax

Tesla: ok to build the largest Gigafactory in the world

Tesla has secured the necessary permits to initiate the construction of its colossal Gigafactory in Mexico, as confirmed by documents obtained by the Milenio news agency from local and federal authorities. The Secretariat for the Environment and Natural Resources (SEMARNAT) has announced that all required documents for final authorization from the Mexican federal government are ready, signaling a swift realization of the Gigafactory.

With the recent acquisition of the designated land by Tesla, the project appears to be progressing in the right direction. The actual commencement of construction, however, remains uncertain, though local media speculates that it could kick off within the next few weeks.  Plastic tax

Simultaneously, the state of Nuevo Leon is actively developing an industrial district to support the Gigafactory. Investments exceeding $130 million are earmarked for infrastructure, including roads, to facilitate Tesla’s operations in the region. Mayor Jesus Nava of Santa Catarina hopes for construction to commence by the first half of 2024.

In a departure from his usual approach, Elon Musk has expressed a desire for caution regarding the Mexican factory. While groundwork is being laid, he stated, “we want to get a good idea of what the global economy is like before we go full speed.”

The Gigafactory, announced in March as the world’s largest electric vehicle plant, is anticipated to require an investment of approximately 5 billion euros and will produce models based on Tesla’s next-generation platform, supporting both the Model 2 and the company’s robotaxi. Plastic tax

Tesla: ok to build the largest Gigafactory in the world

The APR Design® for Plastics Recyclability Program, formerly known as Meets Preferred Guidance (MPG), is undergoing a notable expansion, introducing six additional packaging components

This initiative, a cornerstone for third-party validation, assures adherence to North American recycling system standards and attaining the esteemed Preferred status. The forthcoming program expansions include PET and Colored HDPE containers, packaging constructions, Natural HDPE packaging, and PE films.

With an impressive two-decade track record, APR Design® Recognition has meticulously assessed packaging from over 120 companies, fostering widespread adoption of impactful innovations. This has significantly improved the recyclability of plastic packaging and contributed to reducing plastic waste. Ruben Nance, APR’s Preferred Design Recognition Program Director, emphasizes the positive implications of the program’s expansion, noting it will save time, effort, and resources for brands and retailers in identifying recyclable packaging solutions.  Plastic tax

The APR Design® Recognition program encompasses three distinct paths: Preferred Design, Critical Guidance, and Responsible Innovation. Despite differing approaches, all paths lead to the same recognition level, affirming a product’s adherence to the highest criteria for recyclability. This framework not only acknowledges but rewards component and packaging manufacturers, serving as a catalyst for addressing recycling challenges.

A notable aspect of the program is its contribution to enhancing high-quality Post-Consumer Recycled Content (PCR) in the market.

By setting stringent standards and recognizing products meeting these criteria, the program actively promotes the use of recycled materials in packaging, fostering a more sustainable and circular approach.  Plastic tax

The program’s expansion, incorporating PET and Colored HDPE containers, packaging constructions, Natural HDPE packaging, and PE films, reflects a proactive response to the evolving landscape of sustainable packaging.

This underscores APR’s commitment to staying abreast of industry developments and addressing emerging challenges associated with various plastic materials.

Ruben Nance’s emphasis on saving time, effort, and resources for brands and retailers aligns with the broader industry shift towards sustainability.

By providing a standardized recognition system, APR’s program streamlines the identification of recyclable packaging solutions, facilitating decision-making for businesses and aligning with sustainability goals. Plastic tax

The program’s acknowledgment of Responsible Innovation is noteworthy, incentivizing companies to explore new avenues for sustainable packaging beyond standard recyclability. This forward-thinking approach positions APR as a driver of positive change within the industry, encouraging continuous improvement and innovation.

In conclusion, the APR Design® Recognition program’s expansion marks a significant milestone in the journey towards more sustainable plastic packaging. With its multifaceted approach and anticipation of further expansions, APR demonstrates its commitment to driving positive change and guiding the industry towards sustainable practices. Initiatives like APR’s play a pivotal role in navigating the complexities of sustainable packaging, incentivizing positive practices within the industry. Plastic tax

The APR Design® for Plastics Recyclability Program, formerly known as Meets Preferred Guidance (MPG), is undergoing a notable expansion, introducing six additional packaging components. This initiative, a cornerstone for third-party validation, assures adherence to North American recycling system standards and attaining the esteemed Preferred status. The forthcoming program expansions include PET and Colored HDPE containers, packaging constructions, Natural HDPE packaging, and PE films. With an impressive two-decade track record, APR Design® Recognition has meticulously assessed packaging from over 120 companies, fostering widespread adoption of impactful innovations. This has significantly improved the recyclability of plastic packaging and contributed to reducing plastic waste. Ruben Nance, APR's Preferred Design Recognition Program Director, emphasizes the positive implications of the program's expansion, noting it will save time, effort, and resources for brands and retailers in identifying recyclable packaging solutions. The APR Design® Recognition program encompasses three distinct paths: Preferred Design, Critical Guidance, and Responsible Innovation. Despite differing approaches, all paths lead to the same recognition level, affirming a product's adherence to the highest criteria for recyclability. This framework not only acknowledges but rewards component and packaging manufacturers, serving as a catalyst for addressing recycling challenges. A notable aspect of the program is its contribution to enhancing high-quality Post-Consumer Recycled Content (PCR) in the market. By setting stringent standards and recognizing products meeting these criteria, the program actively promotes the use of recycled materials in packaging, fostering a more sustainable and circular approach. The program's expansion, incorporating PET and Colored HDPE containers, packaging constructions, Natural HDPE packaging, and PE films, reflects a proactive response to the evolving landscape of sustainable packaging. This underscores APR's commitment to staying abreast of industry developments and addressing emerging challenges associated with various plastic materials. Ruben Nance's emphasis on saving time, effort, and resources for brands and retailers aligns with the broader industry shift towards sustainability. By providing a standardized recognition system, APR's program streamlines the identification of recyclable packaging solutions, facilitating decision-making for businesses and aligning with sustainability goals. The program's acknowledgment of Responsible Innovation is noteworthy, incentivizing companies to explore new avenues for sustainable packaging beyond standard recyclability. This forward-thinking approach positions APR as a driver of positive change within the industry, encouraging continuous improvement and innovation. In conclusion, the APR Design® Recognition program's expansion marks a significant milestone in the journey towards more sustainable plastic packaging. With its multifaceted approach and anticipation of further expansions, APR demonstrates its commitment to driving positive change and guiding the industry towards sustainable practices. Initiatives like APR's play a pivotal role in navigating the complexities of sustainable packaging, incentivizing positive practices within the industry.

Minnesota Welcomes State-of-the-Art Flexible Film Recycling Facility

Myplas USA, a global subsidiary of MRI Investments and the proud owner of Myplas Pty Ltd, a renowned recycling business based in South Africa, has recently inaugurated a cutting-edge 170,000-square-foot flexible film recycling facility in Rogers, Minnesota.

This facility is dedicated to the recycling of various materials, including pallet wrap, shrink wrap, single-use shopping bags, and select food packaging.

Andrew Pieterse, CEO of Myplas USA, expressed his enthusiasm on this momentous occasion, stating, “This marks a significant milestone for Myplas as we establish our U.S. headquarters and unveil our inaugural U.S. recycling facility in Minnesota. The realization of this vision has been an extraordinary journey, and we take pride in contributing our expertise to this groundbreaking initiative. The unwavering commitment of our partners has played a pivotal role in bringing us to this juncture, and we eagerly anticipate the promising future that awaits us.”  Plastic tax

Upon reaching maximum operational capacity, the facility is poised to recycle nearly 90 million pounds of plastic waste annually, providing employment opportunities for close to 200 individuals.

Despite the annual consumption of 12 to 15 billion pounds of flexible packaging and films in the United States, a mere 5 percent is estimated to be recycled.

The establishment of this facility was made possible through a $13 million equity investment, with additional financial backing from prominent entities such as Closed Loop Partners, the Alliance to End Plastic Waste, and the Minnesota Department of Employment and Economic Development.  Plastic tax

Minnesota Welcomes State-of-the-Art Flexible Film Recycling Facility

Recycled PET – The European Bioplastics Conference 2023 commenced today in Berlin, Germany, with Hasso von Pogrell, Managing Director of European Bioplastics, providing a comprehensive overview of the bioplastics market, unveiling key statistics 15-12-2023

Plastic tax

Recycled PET – The European Bioplastics Conference 2023 commenced today in Berlin, Germany, with Hasso von Pogrell, Managing Director of European Bioplastics, providing a comprehensive overview of the bioplastics market, unveiling key statistics 15-12-2023

“Plastic that makes the difference”

 “Plastic that makes the difference”

Recycled PET

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Crude Oil Prices Trend by Polyestertime

The European Bioplastics Conference 2023 commenced today in Berlin, Germany, with Hasso von Pogrell, Managing Director of European Bioplastics, providing a comprehensive overview of the bioplastics market, unveiling key statistics

Following a stagnation period in 2020, the global bioplastics production experienced substantial growth, reaching 1.79 million tonnes in 2023, up from 1.51 million tonnes in 2022. Among the various types, PLA constituted 27%, PA 20%, PE 14%, PTT 13%, and APC 7%.

The installed production capacity escalated to 2.18 million tonnes in 2023, with projections indicating a rise to 7.43 million tonnes by 2028, as per EUBP figures collaborated with the Nova Institute. Analysis of 2023 data revealed that the bioplastics industry operated at nearly full capacity, boasting an average utilization rate of 82%, although individual polymers varied from 60% to 100%.  Recycled PET

Despite challenges such as the climate crisis, soaring energy costs, and disrupted value chains, von Pogrell emphasized the industry’s resilience and significance, attributing the growth in production capacity to global circumstances.

Packaging retained its dominance in bioplastics applications, comprising 43% of the market in 2023 and projected to grow to 48% in 2028. Notably, the fiber market is anticipated to decline from 21% in 2023 to 13% in 2028.

Examining materials, PLA is expected to constitute 43.6% of production capacity by 2028, followed by PA (18.5%), PHA (13.5%), PP (5.9%), and PTT (5.3%).

Geographically, the focus shifted eastward, with Europe’s share decreasing from 12.8% to 7.3% by 2028, while Asia’s share is predicted to rise from 55.3% to 71.5%.

Conversely, the Americas are expected to see a decline, with North America dropping from 18.7% to 17.0% and South America significantly decreasing from 13.0% to 3.9% by 2028.  Recycled PET

Von Pogrell stressed the importance of transparent and consistent data for informed decision-making and called for supportive legislative frameworks. Throughout the conference, speakers praised Europe’s bioplastics research and development efforts but criticized the lack of political support, hindering competitiveness.

Recycled PET

Nestlé’s Pure Life Bottles now include 50% recycled PET

Nestlé Nigeria has reached a significant milestone in its commitment to environmental sustainability by introducing new bottles for Nestlé Pure Life, incorporating 50% recycled polyethylene terephthalate (rPET). This move effectively halves the use of virgin plastics in the company’s packaging, marking a pivotal step towards achieving 100% plastics neutrality.  Recycled PET

Nestlé Nigeria has been actively engaged in initiatives to recover and recycle plastics, adhering to a “one tonne in, one tonne out” principle since 2018.

Wassim Elhusseini, MD/CEO of Nestlé Nigeria PLC, emphasized the collaborative efforts with partners, particularly ALEF, in achieving this milestone.

The company’s commitment to reducing virgin plastic use by a third by 2025 has materialized with the successful inclusion of 50% rPET in water bottles. Nestlé Nigeria has played a leading role in establishing functional collection, sorting, and recycling systems for PET in the country, working closely with regulatory agencies like NESREA, SON, and NAFDAC to ensure compliance with the highest standards.  Recycled PET

Joy Abdulahi-Johnson, Category and Marketing Manager at Nestlé Waters, highlighted the brand’s dedication to rigorous safety processes and minimizing environmental impact. The introduction of the new rPET bottle coincides with Nestlé Pure Life’s global identity revamp, reinforcing the brand’s evolution for the better. The Minister for Environment, Balarabe Abbas Lawal, commended Nestlé’s strategies supporting environmental sustainability and local economies. As Nestlé continues its global commitment to increasing rPET usage across brands, its achievement in Nigeria marks a pioneering step in incorporating recycled materials into bottled water packaging.  Recycled PET

Recycled PET

Because OPEC matters less and less

With OPEC’s diminishing role in the global oil market, evident by its share falling to 51%, the lowest since 2016, the International Energy Agency (IEA) highlights the challenges faced by the hydrocarbon industry in its December report. Despite a substantial increase in global oil demand this year, reaching 101.7 million barrels daily, concerns arise as estimates for 2023 consumption have been reduced by 400 thousand barrels a day. Projections for 2024 indicate a halved pace of consumption growth at 1.1 million barrels per day.

The OPEC+ cartel, grappling with falling prices despite extending production cuts into Q1 2024, is particularly affected by the strength of U.S. oil production exceeding 20 million barrels per day.  Plastic tax

The surge in American, Brazilian, and Guyanese oil production, coupled with a demand slowdown, has led to an oversupply, pushing oil prices $25 per barrel below September levels. The United States has emerged as a key player, contributing to a historic shift in the global oil supply hub from the Middle East to the Americas.

As OPEC’s influence wanes, the IEA notes a weakening bond between OPEC and Europe, while the transatlantic energy axis gains prominence. Amidst a global transition, China stands out as a dominant consumer, accounting for 78% of the consumption increase in 2023. Plastic tax

These dynamics mark a transformative period for the global energy landscape.

Because OPEC matters less and less

Revolutionizing Packaging: The Eco-Friendly Biodegradable Hemp Jar

Present the idea of the naturally degradable hemp container and its significance in the context of lasting product packaging. Highlight the growing requirement for environmentally friendly choices and set the stage for the thorough expedition of the product.  Recycled PET

The Surge of Lasting Packaging:

Review the increasing understanding of ecological issues and the international shift in the direction of lasting product packaging remedies. Mention the downsides of traditional packaging and how biodegradable options click here are acquiring popularity.

Attributes and Specifications

Provide an in-depth summary of the eco-friendly hemp jar, stressing its crucial features such as recyclability, biodegradability, and being made in the U.S.A..

Discuss exactly how the air-tight layout makes certain item freshness and talk about the measurements (2.87 x 1.55) to give viewers a clear understanding of the product.

Benefits of Hemp-Based Packaging

Discover the benefits of using hemp as a product for product packaging. Highlight its sustainable nature, rapid development, and marginal environmental impact compared to typical packaging materials. Go over how picking hemp adds to a more sustainable supply chain.  Recycled PET

More…

Revolutionizing Packaging: The Eco-Friendly Biodegradable Hemp Jar

Focus on recycling: Alpla sustainability report 2021-2022

The international ALPLA Group is presenting its fifth sustainability report under the motto ‘What we do matters’.

In it, the packaging and recycling specialist analyses the financial years 2021 and 2022 and focuses on the three pillars of ‘People’, ‘Planet’ and ‘Profitability’.

ALPLA is on track in spite of growth and global expansion thanks to energy efficiency measures and investments in the circular economy.  Recycled PET

The proportion of recycled material was increased from 16 per cent to 18 per cent between 2021 and 2022 and is expected to reach at least 25 per cent by 2025.

With its fifth sustainability report, the ALPLA Group offers insights into the environmental, social and economic developments of the financial years 2021 and 2022.

The report focuses on business-relevant issues such as climate protection, resource efficiency, equal opportunity, and legal and regulatory changes.

Data, charts and examples document the progress made and show where there is potential.  Recycled PET

‘Every day, we champion solutions that promote safe, affordable and sustainable life around the world.

With more than three billion people coming into contact with our products every day, we are assuming the great responsibility that comes with our mission,’ emphasises ALPLA CEO Philipp Lehner.

‘Every day, we champion solutions that promote safe, affordable and sustainable life around the world.

With more than three billion people coming into contact with our products every day, we are assuming the great responsibility that comes with our mission.’

More…

Focus on recycling: Alpla sustainability report 2021-2022

Choosing the right blow molding machine supplier: a comprehensive guide

In the world of manufacturing, selecting the right machinery is crucial to ensure the efficiency and quality of your production process. When it comes to blow molding, the choice of a reliable and competent supplier can make a significant difference in your business’s success. This article will guide you through the process of choosing the perfect Blow Molding Machine Supplier to meet your specific needs.  Recycled PET

Understanding Blow Molding Machines

Before diving into the process of selecting a supplier, it’s essential to understand blow molding machines and their types. Blow molding is a manufacturing process used to produce hollow plastic parts by inflating a heated plastic tube (referred to as a parison) inside a mold. The key types of blow molding machines include extrusion blow molding, injection blow molding, and stretch blow molding.

Key Factors to Consider

When choosing a blow molding machine supplier, several critical factors should be taken into account:

Quality and Durability

Quality should be a non-negotiable criterion when evaluating suppliers. Look for suppliers with a reputation for delivering robust and durable machines that can withstand the rigors of long-term industrial use.  Recycled PET

Capacity and Production Speed

The capacity of the machine must align with your production requirements. Consider the volume of plastic products you plan to manufacture and ensure the machine can meet your demands efficiently.

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Choosing the right blow molding machine supplier: a comprehensive guide

Hydrogen in internal combustion engines: after many years,there is Marelli’s solution

Marelli’s groundbreaking fully active electromechanical suspension system has earned the prestigious “Commendable” recognition in the “Engineering Product of the Year” category at the 2023 Digital Engineering Awards.  Recycled PET

This technological marvel signifies a significant leap forward in the automotive industry, garnering accolades for its remarkable impact on driving experiences by enhancing both safety and comfort.

The system, a brainchild of Marelli’s innovative engineering, boasts four electromechanical actuators, each housing a state-of-the-art “brushless” motor and a high-ratio gearbox seamlessly connected to the suspension arm.

This configuration enables real-time dynamic control of the suspension, ushering in a new era of automotive efficiency.  Recycled PET

Piero Monchiero, the Innovation Director of Marelli’s Ride Dynamics division, highlighted its efficacy not only in bolstering road safety but also in mitigating motion sickness, a common concern during activities such as reading or using a laptop—a feature crucial in the context of the rising prevalence of autonomous driving.

Antonio Ferrara, President of Marelli’s Ride Dynamics division, expressed pride in achieving this accolade, emphasizing the company’s unwavering commitment to innovation geared towards enhancing driving comfort and safety.  Recycled PET

The electronically controlled system, operating autonomously and processing information within milliseconds, adapts suspension behavior based on driving conditions, effectively neutralizing vibrations and body movements.

This results in a ride that is not only more stable but also remarkably comfortable, marking Marelli’s dedication to staying at the forefront of technological advancements to meet the evolving needs of customers and vehicle owners.  Recycled PET

Hydrogen in internal combustion engines: after many years,there is Marelli's solution

Biodegradable Plastic – Revelation Unveils Mystery of Peculiar Behavior in Strange Superconducting Materials14-12-2023

Recycled PET

Biodegradable Plastic – Revelation Unveils Mystery of Peculiar Behavior in Strange Superconducting Materials 14-12-2023

“Plastic that makes the difference”

 “Plastic that makes the difference”

Biodegradable Plastic

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Crude Oil Prices Trend by Polyestertime

Polymateria Secures £20M in Series B Funding to Expand Biodegradable Plastic Technology

VDMA Circular Economy Conference in Mumbai provides technological impetus for plastics recycling

On 6th December 2023, the first Circular Economy Conference of VDMA Plastics and Rubber Machinery and VDMA India took place in Mumbai, one day prior to the opening of Plastivision, one of the major trade fairs for the plastics industry in India.

India aims to promote the circular economy. The need for action is great. India already has to deal with over 60’000’000t of waste every year. Plastic consumption is expected to increase by 7.4% annually to 26’400’000t by 2026. The Federation of Indian Chambers of Commerce & Industry (FICCI) estimates that 40% of plastic waste is not recycled. Therefore, waste recycling has become a government issue.

Regulations are being introduced and political initiatives have been launched, such as the Clean India Programme, which is expected to lead to greater investment in recycling technology. The waste management industry in India is on a growth trajectory, especially in the plastics sector.  Biodegradable Plastic

The VDMA conference picks up on this trend. European machine manufacturers, member companies of the VDMA, presented their technology highlights along the process chain. From waste preparation and regranulation to the processing of regranulates in injection moulding or film extrusion. The aim is to use the right technology to produce regranulates of higher quality and thus high-quality plastic products. Over one hundred plastics processors, mainly from the packaging sector, but also recyclers, took part in the interactive discussion and B2B formats.  Biodegradable Plastic

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VDMA Circular Economy Conference in Mumbai provides technological impetus for plastics recycling

BASF launches Irgastab® PUR 71, a cutting-edge antioxidant improving regulatory compliance and performance for polyols and polyurethane foams

 

  • Formulated without aromatic amine to promote a better environmental, health and safety profile
  • Premium anti-scorch solution offers reduced emission levels and exceptional performance
  • Sustainable alternative offers polyol and foam producers a competitive advantage

BASF presents Irgastab® PUR 71, an innovative and advanced anti-scorch solution that not only ensures adherence to regulations but also offers exceptional performance. This premium solution has been formulated without aromatic amine, effectively addressing the limitations of conventional anti-scorch additives.  With its superior environmental, health, and safety profile, this solution meets the increasing regulatory pressure on substance classification and sustainability in the industry.  Biodegradable Plastic

“Irgastab PUR 71 reaffirms BASF’s commitment to innovation and partnership with the industry: We offer our customers a sustainable alternative to conventional solutions, empowering them to gain a significant advantage in the everchanging global market,” said Dr. Bettina Sobotka, Head of Global Marketing and Development, Plastic Additives, BASF.  “With a proven track record in additives, backed by our global team of experts dedicated to the development of the automotive and comfort industry, we strive to pioneer cutting-edge technologies and solutions that not only enhance performance, but also promote sustainability.”  Biodegradable Plastic

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BASF launches Irgastab® PUR 71, a cutting-edge antioxidant improving regulatory compliance and performance for polyols and polyurethane foams

Polyethylene Terephthalate (PET) Market Resins Revolution: Market Dynamics 2023-2029

In the realm of thermoplastic polymers, Polyethylene Terephthalate (PET) reigns supreme, boasting a market size valued at US$ 31.16 Bn in 2022. Brace yourselves for a fascinating journey through the PET landscape as it anticipates a growth spurt of 5.4%, reaching a staggering US$ 45.03 Bn by 2029.
Unraveling the PET Tapestry
Versatility at its Core:
PET, a darling of the polyester family, takes center stage in garment fibers, fluid and meal vessels, thermoforming, and specialty resins. Whether transparent or semi-crystalline, PET’s chameleon-like nature adapts to processing and heating, making it a go-to choice in textiles and packaging.  Biodegradable Plastic

Global Polymer Powerhouse:
Accounting for 20% of global polymer output, PET sits proudly as the fourth most abundant polymer globally, following polyethylene, polypropylene, and polyvinyl chloride. Its widespread use speaks volumes about its versatility and adaptability.

Recyclability Revival:
PET’s recyclability takes center stage as a major growth driver. Recycled PET (rPET) finds its way into various applications, from carpet fiber to clothing, furnishings, and even vehicle components.

Global giants committing to using 50% recycled material in plastic packaging fuel the demand for food-grade-certified recycled materials.  Biodegradable Plastic

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Polyethylene Terephthalate (PET) Market Resins Revolution: Market Dynamics 2023-2029

Polypropylene Makes Its Case for EV Lightweighting, Circularity

ExxonMobil says a reduction in filler levels, superior paint-free aesthetics, and advanced recycling are the keys to enhanced electric vehicle range and recyclability.

At a Glance

  • Increased use of PP in EV-specific components
  • Color-at-press consolidates materials usage
  • Advanced recycling optimal for safety critical components

Electric vehicle (EV) OEMs need to convince consumers of the driving range credentials of their cars.  Biodegradable Plastic

While the obvious solution is to throw in bigger batteries with higher energy storage, increased use of plastics remains one key to solving the issue of range anxiety.

One way to achieve this is to optimize material design to fit the technical needs of particular interior and exterior parts, according to ExxonMobil.

Speaking to PlasticsToday in an exclusive interview, Olivier Lorge, global marketing manager for polypropylene, Vistamaxx, and Exact (PVE) at ExxonMobil, noted additional trends have emerged in the EV plastics space. He cited the increased use of polypropylene (PP) in EV-specific components such as frunks and battery cases, materials consolidation throughout the vehicle, and greater content of recycled material in automotive compounds.  Biodegradable Plastic

Coloring at the press

“Color-at-press, or mold-in-color, injection molding using masterbatches has been around for some time in North America but that’s not the case in Europe and Asia,” notes Lorge. “[Using this process] you get thinner and lighter parts. 

More…

Polypropylene Makes Its Case for EV Lightweighting, Circularity

Smart textile – Toyota is working on a truly sustainable battery chain 13-12-2023

Biodegradable Plastic

Smart textile – Toyota is working on a truly sustainable battery chain 13-12-2023

“Plastic that makes the difference”

 “Plastic that makes the difference”

Smart textile

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Cyclyx to build its first plastic feedstock production facility

The Cyclyx Circularity Centre will have a capacity to produce around 136,000 tonnes of plastic feedstock for chemical and mechanical recycling, with ExxonMobil and LyondellBasell holding offtake rights

Cyclyx International, a joint venture between Agilyx, ExxonMobil, and more recently LyondellBasell, has made the final investment decision to build its first Cyclyx Circularity Centre (CCC) in Houston, United States. Smart textile

The facility will have a capacity to produce around 136,000 tonnes (300 million pounds) of plastic feedstock for chemical and mechanical recycling, with ExxonMobil and LyondellBasell holding offtake rights. Together, the two companies are investing $135 million into Cyclyx to fund operating activities and construction costs for the new facility, which is expected to start operations in mid-2025.

Cyclyx draws on a database of over 1500 post-use plastic chemical characterisations to assesses each source of waste plastic to understand its chemical profile. It then uses artificial intelligence and big data to sort those profiles into the various mechanical and chemical recycling pathways that the plastics can be used for. Smart textile

The CCC will focus on sorting and custom blending collected material to ensure feedstock specifications and classifications meet expectations for ExxonMobil and LyondellBasell.

More…

Smart textile

Toyota is working on a truly sustainable battery chain

Toyota is actively advancing its commitment to sustainable battery practices through a strategic collaboration with Cirba Solutions in the United States. The agreement focuses on the recycling of electric car batteries, a crucial step in Toyota’s efforts to create a truly sustainable battery chain. In the Lancaster plant in Ohio, batteries from Toyota’s vehicles, including the widely distributed Prius and other electrified cars, undergo a meticulous dismantling process by Cirba Solutions, achieving an impressive 95% material recovery rate.  Smart textile

While Toyota may have entered the zero-emission vehicle market later than some competitors, it has a significant presence with over 6.2 million hybrid vehicles sold in North America. The collaboration with Cirba holds particular significance as it addresses the need to recycle batteries from Toyota’s existing fleet. Annually, approximately 25,000 batteries from end-of-life vehicles are collected by Toyota’s dealer network, emphasizing the importance of establishing sustainable practices.

Toyota’s partnership with Cirba aligns with its broader commitment to battery recycling, complementing existing agreements, such as the one with Redwood Materials on the West Coast. Christopher Yang, Vice President of Toyota Motor North America, underscores the significance of this collaboration, stating that Cirba Solutions’ network enhances Toyota’s ability to collect and recover batteries nationwide, contributing to cost reduction and a lowered operational carbon footprint.

The ultimate aim is to establish a closed-loop ecosystem, ensuring sustainability across the entire battery life cycle.  Smart textile

Smart textile

Stellantis tests electric car battery swapping

Stellantis and Ample have recently solidified a strategic partnership through a binding agreement, signaling a significant step in the realm of electric vehicle (EV) technology. The collaboration is centered around Ample’s Modular Battery Swapping solution, a groundbreaking battery swapping technology that enables Stellantis electric vehicle owners to replace depleted batteries with fully charged ones within minutes at dedicated swapping stations.  Smart textile

This innovative approach deviates from traditional recharging methods, promising a rapid turnaround of less than five minutes for a fully charged battery. Stellantis, the automotive giant, and Ample are not only committing to the integration of this technology into electric vehicles but are also contemplating its expansion to cater to the broader needs of the Stellantis fleet. Geographical diversity is also on the agenda, extending beyond Europe.

The pilot program, scheduled for a 2024 launch in Madrid, Spain, will initially involve 100 FIAT 500e vehicles, a flagship model for Stellantis in the electric vehicle market. This initiative aligns with the Free2move car-sharing service offered by Stellantis. Ricardo Stamatti, Senior Vice President of the Charging & Energy Business Unit at Stellantis, expressed enthusiasm about the partnership, emphasizing the exploration of solutions that facilitate mobility freedom for electric vehicle customers.

Khaled Hassounah, CEO of Ample, proudly highlighted the commitment to making electric vehicles universally accessible without compromises to make a substantial impact on emission reduction. Smart textile

Smart textile

Germany in provisional exercise, the Scholz government is in chaos over the budget and the economy is doing badly

In the midst of a provisional exercise, Germany finds itself ensnared in a tumultuous scenario under Chancellor Olaf Scholz’s leadership. Promising no cuts to the welfare state amidst plummeting poll numbers, over half of Germans contemplate early elections alongside European ones, as the current legislature, scheduled until autumn 2025, navigates a deep crisis, particularly with the budget.  Smart textile

Historically, Germany’s budget prowess, a stronghold during the Merkel era, now teeters, turning Berlin into the subject of European mockery. The Constitutional Court’s rejection of a 60-billion-euro expedient in November escalated the chaos, revealing 29 special vehicles with 869 billion against the Charter, leading to a freeze on spending by Finance Minister Christian Lindner, except for defense and parliament.

The looming specter of starting 2024 in provisional operation, where only essential expenses are permitted, underscores the critical impasse. With 17 billion yet to be covered, the “traffic light” majority, comprising the Social Democratic Party, the Greens, and the Liberals, grapples to reach a consensus on where to make cuts.

As the economic indicators reflect a dire situation—with manufacturing PMI below 50 points for over a year and a half and negative GDP growth—the political disarray is exacerbated by the rising popularity of the AfD, a conservative right-wing party accused of being “neo-Nazi.”  Smart textile

The potential influence of the AfD adds a layer of complexity to an already precarious political landscape, raising questions about the endurance of Germany’s established order. The nation, once an economic and political stalwart, now grapples with uncertainties that reverberate beyond its borders.

Germany in provisional exercise, the Scholz government is in chaos over the budget and the economy is doing badly

Puma expands fibre-to-fibre recycling

Puma is intensifying its commitment to sustainable practices by expanding its Re:Fibre polyester recycling technology. The sports brand aims to derive 100% of its polyester from textile waste, shifting away from PET fibers sourced from bottles. Starting in 2024, the majority of Puma’s replica football jerseys will feature fibers crafted from old garments and factory waste instead of recycled PET bottles.  Smart textile

The Re:Fibre pilot, initiated in 2022, has already been employed to produce replica kits for the Women’s World Cup and Girona’s 2023/24 season third kit. In 2024, the official Puma football replica jerseys, including those for the Euro and Copa América tournaments, will adopt the Re:Fibre technology. The program involves collecting, sorting, and processing textile waste through a chemical recycling process, ultimately producing new Re:Fibre fabrics.

Anne-Laure Descours, Chief Sourcing Officer at Puma, emphasizes the brand’s ambition for a complete transition to polyester sourced from textile waste, addressing the environmental risk posed by textile waste accumulation in landfills. Puma recognizes the need to rethink production methods, embracing a circular business model as a key element of its sustainability strategy.  Smart textile

To make the technical process more accessible, Puma has employed computer-generated imagery in an explanatory video showcasing the Re:Fibre journey, from waste collection to molecular chemistry. This effort aligns with Puma’s response to research revealing that 71% of young people desire brands to make stronger environmental commitments, communicate goals more effectively, and enhance transparency.

www.puma.com

Puma expands fibre-to-fibre recycling

Smart textile fiber places conductivity and flexibility side-by-side

Electrically conductive “smart fabrics” have many potential applications, but their specialized fibers typically aren’t as soft and flexible as those made of regular materials. An experimental new two-faced fiber, however, is both flexible and conductive.

Developed by a team of scientists at Washington State University, the fiber is made of two substances: cotton cellulose obtained from recycled T-shirts, and an existing conductive synthetic polymer known as polyaniline.  Smart textile

The polyaniline is combined with the cotton cellulose because it’s too brittle to be formed into usable fibers on its own. That said, the two materials aren’t simply blended into one homogenous mixture. If they were, the polyaniline would be diluted to the point that it would lose its conductivity.

Instead, liquid solutions of the two substances are extruded from two separate (but closely spaced) nozzles, merging and bonding to form a single fiber which is cotton cellulose on one side and polyaniline on the other. Smart textile

In lab tests, such fibers have exhibited excellent electrical conductivity while also offering the strength and flexibility of cotton. They have also been successfully used in textile systems that delivered power to an LED light, and that sensed ammonia gas.

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Smart textile fiber places conductivity and flexibility side-by-side

The objective is to comprehend the processes of degradation and biodegradation for the purpose of devising technical solutions to environmental challenges

Michelin, the renowned French tire manufacturer, joined forces with Clermont Auvergne University and the Center National de la Recherche Scientifique (CNRS) to delve into the wear degradation of tires. This involves the consequential formation of microparticles and the subsequent study of the biodegradation mechanisms associated with these microparticles.  Smart textile

Establishing the BioDLab, a dedicated laboratory, is a pivotal step in this collaborative venture. The primary mission of BioDLab is to scrutinize the underlying causes of tire wear degradation and develop technical interventions for environmental predicaments. One of the focal points is exploring methods to render wear particles biodegradable in the environment.

Tire erosion, an inevitable consequence of contact with road surfaces, is essential for ensuring vehicle safety and traction. Tires, alongside fabrics, are identified as primary contributors to the creation and dissemination of microplastics in the environment, with rubber being the specific material of concern.  Smart textile

Over the span of four years, the project will systematically investigate the chemical phenomena associated with microparticle degradation under the influence of solar energy and water. This interdisciplinary approach combines material science, chemistry, and microbiology to unravel the intricate regulatory mechanisms of this process.

The research specifically targets the degradation of rubber used in tires, employing photochemical and thermochemical processes, as well as exploring biodegradation facilitated by microorganisms and enzymes. Approximately twenty researchers from the Clermont-Ferrand Chemistry Institute (University of Clermont Auvergne/CNRS) and ten technicians from Michelin’s Operational Research and Development Department will be actively engaged in this collaborative effort.

Michelin’s ongoing commitment to reducing tire abrasion has resulted in a 5% decrease in microparticle emissions from wear between 2015 and 2020, a testament to their expertise in materials science.  Smart textile

The objective is to comprehend the processes of degradation and biodegradation for the purpose of devising technical solutions to environmental challenges

AI in Packaging – Global PBT Resin Market 2024-2030 is Booming Around the world with Upcoming years 12-12-2023

Smart textile

AI in Packaging – Global PBT Resin Market 2024-2030 is Booming Around the world with Upcoming years 12-12-2023

AI in Packaging

Crude Oil Prices Trend 

Crude Oil Prices Trend by Polyestertime

Crude Oil Prices Trend by Polyestertime

Artificial Intelligence in the Packaging Industry: A Revolution from 2023 to 2032

The packaging industry stands at the forefront of a revolution, driven by the incredible potential of artificial intelligence (AI). In this transformative journey from 2023 to 2032, AI is set to redefine packaging design, manufacturing, sustainability, and even recycling. This article explores the dynamic landscape of AI in packaging, shedding light on its profound impacts and future prospects.

AI-Powered Packaging Design

Traditionally reliant on human imagination, packaging design now embraces AI algorithms for unparalleled creativity and precision. AI analyzes vast data sets, including consumer preferences, market trends, and brand guidelines, enabling designers to craft unique and captivating packaging. AI in Packaging

Simulations help visualize the packaging’s appearance in different environments, saving time and resources while ensuring it resonates with the target audience.

Manufacturing Excellence with AI

AI’s influence extends to manufacturing, where intelligent systems equipped with computer vision swiftly detect flaws in packaging materials, minimizing waste and product recalls. Furthermore, AI optimizes packaging arrangements, maximizing material usage and reducing excess, resulting in cost savings and enhanced sustainability.

Sustainable Packaging through AI

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AI in Packaging

LyondellBasell announced its acquisition of a 25% equity stake in the Cyclyx joint venture, a partnership between Agilyx and ExxonMobil

Cyclyx, formed in December 2020, focuses on advancing plastic waste recycling with the ambitious goal of increasing the recyclability of plastics from 10% to 90%.

The addition of LyondellBasell to this collaboration is poised to significantly accelerate innovation and the development of essential infrastructure for a nationwide circular economy for plastics.  AI in Packaging

Cyclyx International aims to create an innovative supply chain through its mission brand, working in tandem with industry partners to drive advancements in plastic recyclability. The joint venture’s strategic vision aligns with LyondellBasell’s commitment to sustainable practices, emphasizing the importance of robust supply chains to enhance access to circular and renewable feedstocks.

Yvonne van der Laan, LyondellBasell’s Executive Vice President of Circular and Low Carbon Solutions, expressed the significance of investing in plastic waste value chain experts like Cyclyx. This collaboration is instrumental in establishing the necessary scale of recycled material and infrastructure, particularly for LyondellBasell’s planned integrated Circular and Low Carbon Solutions Hub in the Houston area.  AI in Packaging

Joseph Vaillancourt, CEO of Cyclyx, welcomed LyondellBasell to the ownership structure, emphasizing their shared vision for a more sustainable future. The inclusion of LyondellBasell is seen as a strategic move, given their global leadership and commitment to advancing sustainability goals in plastic circularity. The joint efforts of Agilyx, ExxonMobil, and LyondellBasell are expected to contribute significantly to the realization of a circular economy, addressing the challenges posed by plastic waste.

AI in Packaging

Non-toxic plasticisers for use in elastomers and thermoplastics

Bio-based plasticizers from Central Germany

The Fraunhofer Institute for Microstructure of Materials and Systems IMWS is working with partners to develop a marketable, completely bio-based and non-toxic plasticizer for use in elastomers and thermoplastics. Using rapeseed oil as a starting product, more sustainable solutions for tires and packaging should become possible. The project partners also want to design a corresponding pilot plant in central Germany as part of the “Biocerine” project. AI in Packaging

Plasticizers are used to make plastics more flexible and pliable during the manufacturing process and/or during subsequent use. However, common industrially produced plasticizers such as phthalates are viewed critically because some of them can be potentially harmful to health and/or pollute the environment.

“Such plasticizers are not only frequently used in traditional plastics, but also in biopolymers, whose environmental compatibility they then impair. For this reason, alternatives are being sought worldwide that offer at least comparable quality at affordable prices and can ideally be produced from renewable raw materials,” says Dr. Patrick Hirsch, Group Leader “Sustainable Materials and Processes”, who is leading the project at the Fraunhofer IMWS.  AI in Packaging

This is precisely the solution the partners want to find within the project, which is being funded by the Federal Ministry of Education and Research as part of the “WIR! – Change through Innovation in the Region” program. The consortium is relying on the expertise and opportunities already available in Central Germany. In addition to the Fraunhofer IMWS, GLACONCHEMIE GmbH and Polymer Service GmbH from Merseburg are also involved, while Folienwerk Wolfen, Expinos GmbH and Reifenwerk Heidenau GmbH will test the product samples created in the research project as associated partners.

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AI in Packaging

Global PBT Resin Market 2024-2030 is Booming Around the world with Upcoming years

PBT Resin Market [2024-2030] research report is a comprehensive information that consolidates data and analysis gathered from diverse sources. Its primary purpose is to provide industry with a comprehensive understanding of the present market dynamics, including trends specific to their industry and insights into competitors’ activities within different applications like (Electrical & Electronics, Automobile Industry, Mechanical Equipment, Other Products) and Type (Injection Grade PBT, Extrusion Grade PBT). Armed with these valuable insights, organizations can make well-informed decisions and formulate successful growth strategies.  AI in Packaging

Polybutylene Terephthalate (PBT) is semi-crystalline, white or off-white polyester similar in both composition and properties to polyethyleneterephthalate (PET). It is a thermoplastic engineering polymer that is used as an insulator in the electrical, electronics, automobile, Mechanical Equipment and precision instruments industries. Compared to PET (polyethylene terephthalate), PBT has slightly lower strength and rigidity, slightly better impact resistance, and a slightly lower glass transition temperature.

In this report, the volume of PBT is calculated by PBT neat resin, excluding PBT modified resin and PBT Compounds.  AI in Packaging

The global PBT Resin market was valued at USD 4162.7 million in 2022 and is anticipated to reach USD 5382 million by 2029, witnessing a CAGR of 3.7 percent during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

PBT is present in everyday life and is common in electrical, electronic and automotive components. PBT resin and PBT compound are the two types of products that are used in various applications.

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Global PBT Resin Market 2024-2030 is Booming Around the world with Upcoming years

China to Achieve Circular Economy in EV Batteries Before Europe and the US, According to Researchers

The University of Münster researchers project that China will outpace Europe and the US in achieving a circular economy for electric vehicle (EV) batteries  AI in Packaging

Their analysis, detailed in Resources Conservation and Recycling, envisions China meeting its primary lithium demand for EVs through recycling by 2059, well ahead of Europe and the US, expected to achieve this milestone after 2070.

Examining crucial battery materials like lithium, cobalt, and nickel, the study predicts China reaching cobalt recycling by 2045, Europe by 2052, and the US by 2056. For nickel, China is expected to achieve recycling by 2046, with Europe and the US following suit in 2058 and 2064, respectively.  AI in Packaging

Utilizing dynamic material flow analysis and considering factors like market forecasts, battery production, and sales, the researchers emphasize the uncertain timeline for achieving “complete circularity” – a balance between material supply and demand.

They also suggest that a faster pace of electrification, coupled with reduced battery sizes and decreased use of second-life batteries, could expedite circularity realization.

However, the predictions underscore the importance of monitoring industry trends to adapt to evolving circumstances in the electric vehicle battery and recycling sectors.

China to Achieve Circular Economy in EV Batteries Before Europe and the US, According to Researchers

From useless plastic waste to valuable oil

Researchers and business people have developed a new technology that can make oil from plastic waste that cannot be recycled. This oil can be used to make new plastic and other oil-based products. The technology was recently used in a new commercial facility in West Zealand, Denmark.  AI in Packaging

Do you ever wonder how much (or how little) of the plastic waste (packaging, containers, and milk cartons) you put in your recycling bin is actually recycled? The garbage truck transports it to a waste management facility for sorting and recycling. The ‘good’ plastic is recycled, and the rest—which is either too dirty, mixed, or damaged for recycling—is incinerated.

In Denmark alone, around 370,000 tons of plastic waste is incinerated every year. According to the Danish Ministry of the Environment, plastic waste incineration makes up a significant portion of Denmark’s fossil-fuel carbon emissions. In other words, there is a huge green potential in developing new methods for recycling even more plastic waste than we do now.  AI in Packaging

If we can also reduce the amount of non-renewable plastic waste, we can reduce the need for the non-renewable raw materials needed for plastic production—oil and natural gas.

A group of DTU researchers have therefore investigated new possibilities for recycling our plastic waste in collaboration with Roskilde University and a number of industry partners. Their research project, RePlastic, has shown that valuable oil can be produced from otherwise useless plastic waste through pyrolysis.  AI in Packaging

“I’m surprised at the great potential of pyrolysis technology for the most impure and mixed plastic fractions. This process can handle the plastic we have no other uses for. This enables us to bring end-of-life plastic back into the cycle and make it useful again,” says Anders Egede Daugaard, Associate Professor at DTU Chemical Engineering and head of the RePlastic project.  AI in Packaging

Plastic is not just plastic

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From useless plastic waste to valuable oil

Polyethylene waste could be a thing of the past

undamental research has developed a way of using polyethylene waste (PE) as a feedstock and converted it into valuable chemicals, via light-driven photocatalysis.

The University of Adelaide’s Professor Shizhang Qiao, Chair of Nanotechnology, and Director, Centre for Materials in Energy and Catalysis, at the School of Chemical Engineering, led the team which published their findings in the journal Science Advances.

“We have upcycled polyethylene plastic waste into ethylene and propionic acid with high selectivity using atomically dispersed metal catalysts,” said Professor Qiao.

“An oxidation-coupled room-temperature photocatalysis method was used to convert the waste into valuable products with high selectivity.  AI in Packaging

“Nearly 99 per cent of the liquid product is propionic acid, alleviating the problems associated with complex products that then require separation.

“Renewable solar energy was used rather than industrial processes that consume fossil fuel and emit greenhouse gases.

“This waste-to-value strategy is primarily implemented with four components, including plastic waste, water, sunlight and non-toxic photocatalysts that harness solar energy and boost the reaction. A typical photocatalyst is titanium dioxide with isolated palladium atoms on its surface.”

Most of the plastics used today end up being discarded and accumulated in landfills. PE is the most widely used plastic in the world. Daily food packaging, shopping bags and reagent bottles are all made from PE.  AI in Packaging

It is also the largest proportion of all plastic waste and primarily ends up in landfills, posing a threat to global environment and ecology.

“Plastic waste is an untapped resource that can be recycled and processed into new plastics and other commercial products,” said Professor Qiao.

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Polyethylene waste could be a thing of the past

PET Bottles -Goodbye to oil? OPEC puts the veto : greenhouse gas emissions isn’t so important! – In contrast to the global trend of phasing out petrol cars, Australia appears to be an outlier, exhibiting a persistent dependence on fossil fuel vehicles, according to recent data 11-12-2023

AI in Packaging

Polyester Feedstocks – ‘Biodegradable’ plastic bags failing in Beijing – Nylon filament and its feedstock isn’t strong 11-12-2023

Polyester Feedstocks

Polyester Feedstocks

  • Polymers : PET – r-PET – Filament grade semidull chips -Filament grade bright chips – Ny6 – Ny66 – PP
  • Feedstocks  PX – PTA – MEG – CPL – Adipic Acid – Benzene – ACN – Ethylene – Phenol – Naphtha
  • Textile : Polyester POY – DTY – FDY – PSF – Recycled Polyester POY – Nylon POY – DTY – FDY Spandex 20-30-40 -Viscose Staple Fiber VSF  Acrylic Staple Fiber 

Polyester Feedstocks

Polyester Feedstocks

Polyestertime
ITEM 04/12/2023 11/12/2023 +/-
Bottle grade PET chips domestic market 6,800 yuan/ton 6,800 yuan/ton
Bottle grade PET chips export market 875 $/ton 875 $/ton
Filament grade Semidull chips domestic market 6,640 yuan/ton 6,620 yuan/ton -20
Filament grade Bright chips domestic market 6,680 yuan/ton 6,650 yuan/ton -30
Pure Terephthalic Acid PTA domestic market 5,675 yuan/ton 5,715 yuan/ton +40
Pure Terephthalic Acid PTA export market 720 $/ton 700 $/ton -20
Monoethyleneglycol MEG domestic market 4,040 yuan/ton 4,065 yuan/ton +25
Monoethyleneglycol MEG export market 480 $/ton 480 $/ton
Paraxylene PX FOB  Taiwan market

Polyester Feedstocks

1,001 $/ton 974 $/ton
-27
Paraxylene PX FOB  Korea market 978 $/ton 951 $/ton -27
Paraxylene PX FOB EU market 1,045 $/ton 1,030 $/ton -15
Polyester filament POY 150D/48F domestic market 7,500  yuan/ton 7,425 yuan/ton
-75
Recycled Polyester filament POY  domestic market 7,500 yuan/ton 7,500 yuan/ton
Polyester filament DTY 150D/48 F domestic market 8,850 yuan/ton 8,850 yuan/ton
Polyester filament FDY 68D24F

Polyester Feedstocks

8,825 yuan/ton 8,800 yuan/ton -25
Polyester filament FDY 150D/96F domestic market 8,125 yuan/ton 8,050 yuan/ton -75
Polyester staple fiber 1.4D 38mm domestic market 7,300yuan/ton 7,200 yuan/ton -100
Caprolactam CPL domestic market 13,000 yuan/ton 12,850 yuan/ton
-150
Caprolactam CPL overseas  market 1,600 $/ton 1,600 $/ton
Nylon 6 chips overseas  market 1,850 $/ton 1,850 $/ton
Nylon 6 chips conventional spinning domestic  market 13,950 yuan/ton 13,750 yuan/ton -200
Nylon 6 chips  high speed spinning domestic  market

Polyester Feedstocks

14,300 yuan/ton 14,150 yuan/ton -150
Nylon 6.6 chips domestic  market 19,900 yuan/ton 19,800 yuan/ton -100
Nylon6 Filament POY 86D/24F domestic  market 16,400 yuan/ton 16,250 yuan/ton -150
Nylon6 Filament DTY 70D/24F domestic  market 18,550 yuan/ton 18,400 yuan/ton- -150
Nylon6 Filament FDY  70D/24F  17,150 yuan/ton 17,100 yuan/ton -50
Spandex 20D  domestic  market

Polyester Feedstocks

35,500 yuan/ton 35,000 yuan/ton -500
Spandex 30D  domestic  market 34,000 yuan/ton 33,500 yuan/ton -500
Spandex 40D  domestic  market  31,000 yuan/ton 30,500 yuan/ton -500
Adipic Acid domestic market 8,775 yuan/ton 8,700 yuan/ton -75
Benzene domestic market

Polyester Feedstocks

6,850 yuan/ton 6,970 yuan/ton +120
Benzene overseas  market 862 $/ton 849 $/ton -13
Ethylene South East market 940 $/ton 890 $/ton -50
Ethylene NWE market 744 $/ton 744 $/ton
Acrylonitrile ACN  domestic market

Polyester Feedstocks

9,900 yuan/ton 9,700 yuan/ton -200
Acrylonitrile ACN  overseas market 1,200 $/ton 1,200 $/ton
Acrylic staple fiber ASF  domestic market 14,600 yuan/ton 14,600 yuan/ton
Viscose Staple Fiber VSF  domestic market 12,900 yuan/ton 12,900 yuan/ton
PP Powder domestic market

Polyester Feedstocks

7,300 yuan/ton 7,300 yuan/ton
Naphtha overseas market  667 $/ton 641 $/ton -26
Phenol domestic market 8,072 yuan/ton 7,742 yuan/ton -330

r-PET high end eco-friendly chips =7,900 yuan/ton 7,900 yuan/ton   –

Polyester Feedstocks

‘Biodegradable’ plastic bags failing in Beijing

Beijing’s market regulator has assessed 29 types of “biodegradable” plastic bag and found that 19 (or 65.5%) fail to meet industry and national standards.

The standards concern labelling, biodegradation rate, volatile organic compound emissions, and carrying capacity by weight. The regulator emphasised that producers and sellers falling short of these standards face legal consequences.

Humanity produces more than 430 million tonnes of plastic annually, two-thirds of which comprise short-lived products that soon become waste, according to the UN Environment Programme. In 2019, China accounted for one-fifth of global single-use plastic waste, more than any other nation, though the per capita figure is a fraction of that in Australia and the US, reports the SCMPPolyester Feedstocks

To tackle China’s plastic pollution during 2021-2025, the National Development and Reform Commission and Ministry of Ecology and Environment issued a five-year plan in September 2021.

summary of the plan states: “By 2025, key sectors such as retail, e-commerce, and express delivery, are expected to drastically cut the unreasonable use of single-use plastics.” The plan also promotes use of alternatives to ​​non-biodegradable plastic “such as bamboo, wood, paper, and degradable plastics“.

“Biodegradable plastic substitution was previously a popular solution, but the [five-year] plan proposed that its true value in solving plastic pollution needs to be scientifically evaluated to avoid unreasonable capacity expansion,” Dr Tan Yiki of Tsinghua Circular Economy Research Centre, recently told the mediaPolyester Feedstocks

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‘Biodegradable’ plastic bags failing in Beijing

Hybrid Solar Sheets for Perpetually Clean Drinking Water and Hydrogen

In a world grappling with environmental challenges, innovative technologies are emerging to address pressing issues like clean water scarcity and sustainable energy production. One such breakthrough is the development of hybrid solar sheets that not only harness solar energy efficiently but also contribute to the production of perpetually clean drinking water and hydrogen.  Polyester Feedstocks

These hybrid solar sheets integrate photovoltaic cells with advanced water purification and electrolysis systems, creating a multifunctional solution for two critical global needs. The photovoltaic cells capture sunlight and convert it into electricity, powering the water purification process and electrolysis simultaneously.

The water purification system utilizes advanced filtration techniques, ensuring that the collected water is free from contaminants and safe for consumption. This innovative approach allows communities in water-scarce regions to access a sustainable source of clean drinking water, mitigating the impact of waterborne diseases and improving overall public health.  Polyester Feedstocks

Simultaneously, the electrolysis component of the hybrid solar sheets splits water molecules into hydrogen and oxygen. This process yields hydrogen gas, a clean and versatile energy carrier with various applications, including fuel for vehicles and power generation. By harnessing the power of the sun to produce hydrogen, these hybrid systems contribute to the advancement of green and sustainable energy solutions.

One of the key advantages of this technology lies in its scalability and adaptability. Hybrid solar sheets can be deployed in both urban and remote areas, providing a decentralized and reliable source of clean water and hydrogen. This makes them particularly valuable for regions with limited access to centralized infrastructure.

As the world seeks innovative solutions to combat climate change and ensure access to essential resources, hybrid solar sheets represent a significant step forward.

By integrating solar energy, water purification, and hydrogen production into a single, efficient system, this technology has the potential to revolutionize the way we address environmental challenges and create a more sustainable and resilient future for generations to come. Polyester Feedstocks

Hybrid Solar Sheets for Perpetually Clean Drinking Water and Hydrogen

Polyester Feedstocks

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