Polyestertime

Wellman developing several new products PSF subsector

Wellman developing several new products in PSF sub-sector    Wellman developing several new products PSF subsector 
Wellman developing several new products PSF subsector

Ireland-based Wellman International Ltd, which manufactures polyester staple fibres (PSF), is developing new products for adult incontinence hygiene uses and medical applications, lighter weight solutions for the next-generation automotive and aerospace applications, selected composites and niche high-performance apparel, according to company CEO Donal Breen.The company recycles around 2.7 billion polyethylene terephthalate (PET) bottles per year, Breen told Fibre2Fashion in an interview.

The latest innovations in the PSF industry include next-generation PET BICO fibres, micro-splittable fibres, fibres with significantly enhanced hydrophilic/hydrophobic properties, fibres with tailored elastomeric properties and fibres based on renewable resources, he added. (DS)

For full interview, please click here.

Fibre2Fashion News Desk – India

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PET Recycling Industry Installed Capacity Reviewed

PET Recycling Industry Installed Capacity Reviewed   PET Recycling Industry Installed Capacity Reviewed

Source : PACKAGING  EUROPE

2017 results Sales EUR 1147 million RadiciGroup


2017 results: Sales EUR 1,147 million, EBITDA EUR 160 million. A year of strong growth for RadiciGroup  2017 results Sales EUR 1147 million RadiciGroup  

2017 results Sales EUR 1147 million RadiciGroup

RadiciGroup Paolo,Angelo,Maurizio Radici

A solid Group operating with respect for people and the environment. Higher global net value added for stakeholders.

RadiciGroup 2017 sales significantly exceeded one billion euros: the Group – with over 3,000 employees, companies in 16 countries and 33 sales and production units engaged in chemicals, plastics and synthetic fibres – recorded consolidated sales revenue of EUR 1,147 million, a 20% increase over the prior financial year.
2017 results Sales EUR 1147 million RadiciGroup

Itema RadiciGroup

Group net income rose by over 60% compared to 2016, driven by an increase in sales volume, while Group EBITDA was EUR 160 million (+ 45%).
“Our competitive system operates with respect for people and the environment,” said Angelo Radici, president of RadiciGroup.2017 results Sales EUR 1147 million RadiciGroup
“The financial statement figures show that our Group is sound and in excellent financial condition, in spite of the high levels of uncertainty that characterize some of the widely diverse scenarios in which the Group operates.”
RadiciGroup’s strategy continues to focus on its strategic core business activities – nylon chemicals, engineering plastics and synthetic fibres – with the goal of improving its competitive position in the market and achieving an overall balance among the geographical areas where the Group operates in order to reduce dependency on single markets and boost cash flow to reduce debt and finance new initiatives in crucial markets.
“Our 2017 results are very positive and show higher Group growth compared to 2016, which has strengthened our balance sheet,” stressed Alessandro Manzoni, CFO of the Group.
“We are also very pleased with the results of the first half of 2018, which rose compared to the same period of 2017. However, in the second half of the year, we are in a more cautious position due to the new climate of political uncertainty, which, naturally, has an impact on markets, as well. The Group’s financial position is extremely solid.”
2017 results Sales EUR 1147 million RadiciGroup

RadiciGroup Speciality chemicals

Process biodegradable polyesters polymerisation process

New process for creating biodegradable polyesters  Process creating biodegradable polyesters polymerisation process

Article by Amanda Doyle

Process biodegradable polyesters polymerisation process

Virginia Tech
The setup of the photoredox polymerisation, illuminated by blue LED light

RESEARCHERS have developed a new polymerisation process involving a light-activated catalyst that could be used to create biodegradable plastic.

Most plastics are made from a class of polymers known as polyolefins. These non-degradable polyolefins create a huge problem with plastic pollution, but biodegradable alternatives that match the properties of conventional plastics are challenging to develop due to the limited chemical structures of the alternatives.

Rong Tong, assistant professor in the department of chemical engineering at Virginia Tech, US, led a team of researchers in developing a new polymerisation process for polyesters which has the potential to replace polyolefins.

The arrangement of substituents along a polymer chain, known as tacticity, is key to controlling the thermal stability and crystallinity of the polymer. There are several different configurations possible; isotactic polymers have pendent groups that are all the same, syndiotactic polymers have alternating groups, and stereoblocks have blocks of alternating groups. Collectively, these are known as stereoregular polymers and they tend to have higher melting temperatures and improved mechanical properties over atactic polymers, where the units are arranged randomly.Process biodegradable polyesters polymerisation process

Process biodegradable polyesters polymerisation process
Different arrangements of subsequent units along polymer chains. Credit: Nature Communications Process biodegradable polyesters polymerisation process

Tong and colleagues created stereoblock polymers using stereoselective ring-opening polymerisation (ROP). Stereoselective polymerisation occurs when one particular geometrical arrangement of atoms – known as a stereoisomer – is formed in greater amounts over another stereoisomer.Process biodegradable polyesters polymerisation process

They used a versatile type of monomer called O-carboxyanhydride, which is derived from natural amino acids which make the monomer biodegradable. They combined a photoredox Ni/Ir catalyst – which uses a household bulb to start the reaction – with a stereoselective Zn catalyst to initiate the ring-opening polymerisation. The resulting stereoblock polymer has a high molecular weight, thermal stability and crystallinity, and can degrade in a basic water solution.

“If you use a regular catalyst, it doesn’t have stereochemistry control, but we found that our catalyst can do that,” said Tong.

Similar work had been performed previously with polylactide, but by controlling the stereochemistry, the researchers have been able to improve the physical and chemical properties of the resulting polyester.

“This polyester synthesis that controls the tacticity can provide a new library of polymer materials that we haven’t had before,” said Guoliang “Greg” Liu, an assistant professor in the department of chemistry. Process biodegradable polyesters polymerisation process

The polymerisation process has currently only been demonstrated at lab scale, but the researchers hope that it can be used to create biodegradable plastics in the future.

“It would be our dream to see these degradable polyesters materialise in the marketplace, for both the plastic industry and biomedical application,” said Tong.

Nature communications http://doi.org/gdcfqr

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Enzyme Helps Turn Plant Waste Sustainable Products

Chemicals

Researchers discovered a new family of enzymes which pave the way towards converting plant waste into sustainable products such as nylon, plastics, chemicals, and fuels.Enzyme Helps Turn Plant Waste Sustainable Products

The new family of enzymes are active on the building blocks of lignin—one of the main components of plants. Lignin is found in abundance in plant cell walls where it is used for defense, structure, and nutrient water transport. Because of its prevalence in plant tissues, lignin is the largest reservoir of renewable, aromatic carbon found in nature.

For decades, scientists have been trying to find a way to break down lignin efficiently. Now, a research team from the University of Portsmouth, located in Portsmouth, England, found a way of releasing a key bottleneck in the process of breaking down lignin to its basic chemicals. The results provide a route to making new materials and chemicals such as nylon, bioplastics, and even carbon fiber, from what has previously been a waste product.Enzyme Helps Turn Plant Waste Sustainable Products

The discovery also offers additional environmental benefits. Creating products from lignin can reduce reliance on oil to make everyday products and offers an alternative to burning it, helping to cut CO2emissions significantly.

“It’s an amazing material,” said Professor McGeehan, director of the Institute of Biological and Biomedical Sciences in the School of Biological Sciences at Portsmouth. “Cellulose and lignin are among the most abundant biopolymers on earth. The success of plants is largely due to the clever mixture of these polymers to create lignocellulose, a material that is challenging to digest.”

Enzymes are biological catalysts that perform reactions, breaking down some of the toughest natural and human-made polymers. The team of scientists made the discovery while conducting experiments to engineer naturally-occurring enzymes in an attempt to find new ways of breaking down natural and man-made polymers, which can take centuries to degrade in nature.Enzyme Helps Turn Plant Waste Sustainable Products

The newly-discovered enzyme is a class of cytochrome P450, and it is classified as ‘promiscuous,’ meaning it is able to work on a wide range of molecules. The new cytochrome has the ability to degrade many different lignin-based substrates, making it possible to be engineered to be a specialist for a specific molecule.

“There is a long-standing phrase—you can make anything out of lignin except money—but by harnessing the power of enzymes, this is set to change,” said Sam Mallinson, a PhD student in structural biology at the University of Portsmouth. “Using advanced techniques, from X-ray crystallography at the Diamond Light Source synchrotron, to advanced computer modelling, we have been able to understand the detailed workings of a brand new enzyme system.”Enzyme Helps Turn Plant Waste Sustainable Products

Lignin is hard to digest, but these newly found enzymes appear to do the job efficiently. Once P450 has separated the lignin from the plant waste, the created polymer can be incorporated into new materials including carbon fiber, textiles, and plastics.

“We now have one of the most well-known, versatile, engineerable, and evolvable classes of enzymes ready to go as a foothold for biotechnology to move forward and make the enzyme better,” said Dr. Gregg Beckham from the U.

Enzyme Helps Turn Plant Waste Sustainable Products

S. Department of Energy’s National Renewable Energy Laboratory.

The research team is currently collaborating with scientists from Franklin College of Arts and Sciences at the University of Georgia who found a way to speed up the evolution of this enzyme. Ellen Neidle, professor of microbiology at UGA, and her lab team helped create a method to accelerate the growth of a microorganism’s desirable traits. Together, the groups are working to discover and evolve even faster enzymes for turning lignin into high-value sustainable products.

“Lignin represents a vast potential source of sustainable chemicals, so if we can find a way to extract and use those building blocks, we can create great things,” McGeehan said.

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Polymer prices rise despite plastic ban domestic demand

Polymer prices rise by 13% despite plastic ban, hit domestic demand  Polymer prices rise despite plastic ban domestic demand

Prices of plastic raw materials are linked with crude oil price variations in the global markets

Dilip Kumar Jha  |  Mumbai

Polymer prices are expected to remain firm in the near future
Polymer prices rise despite plastic ban domestic demand
Despite plastic ban, prices of its key raw materials have surged by a staggering upto 13 per cent over the last two months due to rising crude oil prices and robust consumption from export centric plastic manufacturers.

Data compiled by plastemart.com showed, prices of the benchmark B56003 grade high density polyethylene (HDPE) jumped by 13 per cent to Rs Rs 106,668 a tonne for delivery in Kolkata compared to Rs 94730 a tonne effective June 1. Trade sources said that the major polymer producers have raised their product prices further by Rs 1000-1500 a tonne effective July 1.

Prices of plastic raw materials are linked with crude oil price variations in the global markets. Rising polymer prices, following crude oil price rise, have reduced its demand from domestic-centric plastic industry despite export centric value added plastic manufacturers continued to perform well. Demand of polymer products was also hit because of ban on certain grade of plastics in major consuming states like Maharashtra. Apart from Maharashtra, six other states including Karnataka have banned manufacturer, distribute, sale and use of low grade of plastics.

“Polymer prices have jumped in the domestic markets due to a sharp increase in crude oil prices. While polymer demand has been impacted a bit due to plastic ban in Maharashtra and other states, its consumption continues from export oriented plastic industries of value added products,” said Pradip Thakkar, Vice Chairman of Mechemco Industries, one of India’s largest producers and exporters of value added plastic products.Polymer prices rise despite plastic ban domestic demand

While comparing polymer prices from January 1, HDPE prices have surged phenomenally by upto 36 per cent. Prices of other varieties of polymers including polypropylene, low density polyethylene (LDPE), linear low density polyethylene (LLDPE) and polyvinyl chloride (PVC) have also risen albeit slower that HDPE so far this financial and calendar years.Polymer prices rise despite plastic ban domestic demand

Polymer prices rise despite plastic ban domestic demand

According to The Plastics Export Promotion Council (Plexconcil) data, India’s export of plastics products posted a growth of 17.1 per cent at $8.8 billion during the financial year 2017-18 as against $7.56 billion in 2016-17, registering a faster pace of growth than the overall merchandise export growth from India. The merchandise exports from India touched $303.3 billion, registering a growth of 9.9 per cent in 2017-18 (provisional) vis-a-vis $275.9 billion in 2016-17.Polymer prices rise despite plastic ban domestic demand

“India’s plastics exports during the year were primarily boosted by higher shipment of plastic raw materials and value-added plastic products including Woven sacks/FIBC, Plastic sheets/films/plates, Optical items, Laminates, Packaging items, and Medical disposables to the European Union, North America, Latin America & Caribbean, and North-East Asia. India’s plastic product exports to the United States were valued at US$ 1.11 billion during the year,” said A K Basak, Chairman, Plexconcil.

United States, China and the United Arab Emirates (UAE) were top-3 destinations for India’s plastic products during 2017-18. These three countries accounted for 25.7 per cent of India’s plastic product exports, by value. Indian exporters are now targeting to achieve the US$ 1 billion export mark to the United States in FY18. Plastics contribute 2.92 per cent in overall merchandise exports from India.Polymer prices rise despite plastic ban domestic demand

Meanwhile, polymer prices are likely to remain firm in near future also on expectations of an upsurge in crude oil prices and firm demand from user industries.

“Banned products contribute less than 5 per cent of the entire plastic industry in India. Demand for other than banned products has been increasing consistently over the last several years. For banned products also, the government must focus on irresponsible disposal of used plastics instead of a blanket ban on certain grades of plastic products,” said Thakkar.

Crude oil prices, however, have jumped by 10 per cent and 14 per cent this financial and calendar year respectively to trade currently at $78.04 a bbl.

Iran says Trump crude oil ban Iran self harm

Iran says Trump’s oil ban on Iran is ‘self harm’ — SHANA   Iran says Trump oil ban Iran self harm  

Iran says Trump oil ban Iran self harm
A support vessel flying an Iranian national flag sails alongside the oil tanker ‘Devon’ as it prepares to transport crude oil to export markets in Bandar Abbas, Iran, on Friday, March 23, 2018.

President Donald Trump’s pressure on international firms not to buy Iranian oil will drive prices higher and end up hurting his own economy, a senior Iranian oil official said on Wednesday.

Iran’s OPEC governor, Hossein Kazempour Ardebili, said oil should not be used as a weapon or to make political gains, according to the Iran oil ministry news agency SHANA.Iran says Trump crude oil ban Iran self harm

“Trump’s demand that Iranian oil should not be bought, and (his) pressures on European firms at a time when Nigeria and Libya are in crisis, when Venezuela’s oil exports have fallen due to U.S. sanctions, when Saudi’s domestic consumption has increased in summer, is nothing but a self harm,” he was quoted as saying.

“It will increases the prices of oil in the global markets,” he said. “At the end it is the American consumer who will pay the price for Mr. Trump’s policy,” he added.

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Parmalat Canada designs PET bottle Lactantia PūrFiltre milk

Parmalat Canada designs new PET bottle for Lactantia PūrFiltre milk  Parmalat Canada designs PET bottle Lactantia PūrFiltre milk

Zhejiang Wankai New Materials reduced PET loading

Zhejiang Wankai New Materials has reduced PET loading on two lines to 70%   Zhejiang Wankai New Materials reduced PET loading 

Zhejiang Wankai New Materials reduced PET loading MOSCOW – Zhejiang Wankai New Materials, a major producer of polyethylene terephthalate (PET) in China, has reduced the loading in the plant for the production of polyethylene terephthalate (PET) in Heining (Haining, Zhejiang, China) to 70%, ICIS reported citing source in the company.

The company cut production of PET on two lines with a capacity of 400 thousand tons per year and 550 thousand tons per year on June 28. According to the source, the reason for the reduction of the load was the intention of the company to regulate the supply of its material to the market.

Earlier it was reported that last March Zhejiang Wankai New Materials commissioned a line with a capacity of 550 thousand tons of PET per year.

At the same site, Zhejiang Wankai New Materials operates another PET production line with a capacity of 250,000 tons per year.

According to the Price Review of ICIS-MRC , several players of the Russian market expressed the opinion that June was the period of maximum demand and the highest level of prices in the PET-granulate market. The spot prices of Alco-Nafta (Ecopet) last week were still at their maximum levels.Zhejiang Wankai New Materials reduced PET loading

Zhejiang Wankai New Materials Co., Ltd, being a subsidiary of the Chinese Zhejiang Zhink Group, was founded in March 2008. It is one of the leaders in the production of bottles of polyethylene terephthalate in China.

Source : mrcplast.ru Author: Anna Larionova

Tags:     PET granulate , PET bottles , PET preforms , Zhejiang Wankai New Materials , China , Russia .

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Potential Nylon 66 Supply Shortage escalating prices

Potential Nylon 66 Supply Shortage? Potential Nylon 66 Supply Shortage escalating prices

Ascend Performance responds to this issue.

In mid-June, we received information from resin distributor PolySource, Independence, Mo., regarding potential nylon 66 shortages and escalating prices. Some historical background on the nylon 66 supply chain was included, with an emphasis on adiponitrile (ADN), which is used in the production of primary nylon 66 component hexamethylene diamine.Potential Nylon 66 Supply Shortage escalating prices

PolySource addressed nylon 66 resin alternatives—including nylon 6, aliphatic polyketone (POK), PPA and PBT, as well as an overall outlook regarding ADN capacity expansions that may not meet market demand until 2021, at earliest.

I posted a blog on the topic and we asked industry sources across the supply chain to respond (we also reported on this in PT’s July issue). Houston-based Ascend Performance Materials —the largest fully-integrated supplier of nylon 66 in the world—offered a response to PolySource, providing a different perspective on ADN and nylon 66. Ascend Senior Business Director Dharm Vahalia provided a response for his company, taking issue with some of the points made by PolySource. Dharm Vahalia:

Last year, an analysis of ADN supply caused a bit of ruckus. The central argument was this: ADN—a precursor to hexamethylene diamine, one of the two components in nylon 66—is manufactured in four world-scale plants, and any disruptions in those plants will affect the supply of nylon 66. Nylon 66 is becoming increasingly important to several industries, especially automotive. Nylon 66’s unique properties and value proposition have made it a critical material in vehicle lightweighting and electrification.Potential Nylon 66 Supply Shortage escalating prices

Meeting the projected 3-4%/yr growth has been the focus of Ascend Performance Materials for a number of years with capacity expansions announced through 2021. Other producers have announced expansions as well. While we recognize the concern surrounding nylon 66 supply, the hysteria exhibited in a recent article in Plastics Technology is unfounded. It mistakes one analyst’s hypothetical concern for a current reality. In fact, many of the claims made in that article are not based on any careful analysis of the market. Let’s start with the first claim regarding the process by which ADN is manufactured:

● To say that all ADN capacity in the U.S. is based on the DuPont process is incorrect. There are two routes to ADN, utilizing either butadiene (C4) or propylene (C3) as feedstock. DuPont developed the C4 route, which is used to produce over half the ADN in the world. The C3 route, on which Ascend Performance Materials’ production is based, supplies the rest of the world’s ADN. All of Ascend’s manufacturing is in the U.S., and it does not use the DuPont process.Potential Nylon 66 Supply Shortage escalating prices

● The next claim in the article that “chemical plants only make money when they are run at full capacity,” is frankly beyond comprehension. In truth, many factors affect the profitability of a plant, chief among them is the reliability of the production units. This claim is further refuted by the ability to increase capacity through debottlenecking, meaning that the process being debottlenecked was previously running below capacity.

● The claim that ADN supply is “dramatically” below demand and will continue to be for at least three years is unsupported by third-party analysis. The largest producers of ADN, including Ascend, have announced plans to increase capacity. Demand for ADN is projected to grow approximately 5%/yr. Ascend has consistently grown annual capacity at double that rate and has announced plans to continue doing so through 2021.

● Nylon 66 demand is projected to grow 3-4%/yr, fueled by growth in existing applications and the development of new ones. Ascend has announced plans to grow production capacity by 10-15%/yr.Potential Nylon 66 Supply Shortage escalating prices

● Finally, it is misleading to say that nylon 6, POM, PPA or PBT can “easily replace” nylon 66 because they meet cost, performance or processability specifications. Yes, some qualities of nylon 66 can be matched by a different polymer, but nylon 66 is a superior choice for delivering all three. With nylon 66, component manufacturers needn’t sacrifice processability or their bottom line to meet heat resistance, hydrolysis resistance, flame retardance or impact weathering specifications.

 Supply is a valid concern for any business, and we welcome any questions about how we plan around disruptions to continue serving our customers. Innovating new technologies to displace existing ones is an admirable way to gain business, but making claims against a competitive product without legitimate supporting data is an area where the industry needs to improve and be more transparent.

New project horticultural wastes biodegradable films nets

New project sees first results from horticultural wastes in the form of biodegradable films and nets obtained   New project horticultural wastes biodegradable films nets 

by Grace Nolan

Featured AIMPLAS

China economy pressure trade tensions US

China economy, yuan under pressure amid trade tensions with US  China economy pressure trade tensions US

Source:ICIS News

SINGAPORE (ICIS)–China’s export-oriented economy will be hit hard by escalating trade dispute with the US, which has been battering the yuan ahead of the implementation of new US tariffs on $34bn worth of Chinese goods on 6 July.

China economy pressure trade tensions USThe de facto trade war between the world’s two largest economies is jeopardising China’s transition into a consumption-led economy given the consequent steep yuan losses against the US dollar, analysts said.

Manufacturing activities in Chinese industries showed signs of easing in June, with the country’s June purchasing managers’ index (PMI) falling to 51.5 points from 51.9 in May. Export orders posted a lower reading of 49.8, indicating a contraction.

China’s pace of economic expansion had been slowing down for six years until 2017, when a faster growth of 6.9% was registered. This year, the government is targeting a lower number of 6.5%.China economy pressure trade tensions US

The world’s second-biggest economy may miss this year’s target amid the US-China trade row, resulting in GDP growth hitting its lowest in 38 years, Chinese brokerage Shengwan Hongyuan Securities said in a research note.China economy pressure trade tensions US

The US’ initial levies are expected to shrink China’s exports by $7bn, and translate to a 0.05 percentage point hit on the Asian giant’s economic growth, it said.

Washington announced on 15 June the imposition of 25% tariffs on $50bn worth of Chinese goods. The first wave – covering 818 products with a value of $34bn – will take effect on 6 July, while tariffs on another $16bn of Chinese goods to be applied later after soliciting public comment.China economy pressure trade tensions US

Beijing retaliated by proposing to impose the same tariff rate against US goods worth $50bn, to which the US responded with a threat of further tariffs on $200bn of Chinese goods that will include a wide swath of oil and petrochemical products.

While such tit-for-tat moves will hurt both economies, China will be harder hit as it is an export-oriented economy and it will take time for it to find substitute markets to replace the US, which accounted for about a fifth of China’s overall exports in 2017.

As the US is targeting China’s aerospace, information and communication technology, and robotics and machinery industries, major blows will be felt in sectors such as electronic devices, electrical equipment, and mechanical equipment manufacturing, Shengwan Hongyuan Securities said.China economy pressure trade tensions US

But side-effects on other sectors will also be significant. For example, rubber and plastic product manufacturing is anticipated to encounter a 0.12% drop in output, when the US tariffs on $50bn worth of Chinese goods are imposed.

By erecting and fortifying trade barriers against China, US President Donald Trump was hoping to bring down the US’ huge trade deficit of $370bn with the country.

Bringing down China’s trade deficit with the US by $100bn would cost China’s GDP 0.8 percentage points, said Ha Jiming, chief economist at investment bank China International Capital Corporation (CICC).China economy pressure trade tensions US

Although China’s overall economy will be able to sustain the fallout, switching to other export markets will take time, Ha said.

Also, the trade dispute, combined with the latest interest rate hike by the US Federal Reserve, has been hurting the yuan.

On midday, the yuan was trading at CNY6.64 to the US dollar, down by 3.4% from a month ago.

A weak yuan dampens China’s purchasing power for imported goods, as well as the government’s attempts to boost domestic consumption, said Wang Youxin, a researcher at China Bank International Financial Institution.

These attempts include the People’s Bank of China (PBoC) decision to cut the banks’ reserve requirement, or the portion of deposit that must be held as reserves, by 50 basis points effective 5 July.

Focus article by Fanny Zhang

Picture: Piles of containers are pictured on a quay at the Ningbo-Zhoushan port in Ningbo city, east China’s Zhejiang province (Source: Imaginechina/REX/Shutterstock)

ICN

By Fanny Zhang

World Composites launch alongside Techtextil India

World of Composites to launch alongside Techtextil India  World Composites launch alongside Techtextil India 

With an aim to tap the potential of composites industry and promote wider application of advanced composites, Techtextil India 2019 slated from 20-22 November 2019 at the Bombay Exhibition Centre, Mumbai launches the World of Composites, a dedicated pavilion that aims to bring the stalwarts of the composite industry from India and across the world.

Techtextil India is the leading international trade fair for technical textiles and nonwovens in India and for the region, offering solutions from the entire textile value chain for all industry applications.World Composites launch alongside Techtextil India

World Composites launch alongside Techtextil India

“In response to the industry’s growing need for composite solutions and innovative engineering, we are pleased to announce the launch of World of Composites which will take place alongside Techtextil India 2019,” said Raj Manek, Executive Director and Board Member, Messe Frankfurt Asia. “While there is a great scope for the composites industry to cater to the global market, the most significant growth driver for the trade and technology of composites is the huge untapped potential of the domestic market which will gain momentum through this platform.”World Composites launch alongside Techtextil India

Composites are an integral part of modern and advanced manufacturing sectors. From underwater marines to high-performance aircrafts, there is increased demand for lightweight, clean materials across market segments and composite materials have been identified as a key cross-cutting technology for manufacturing.

The major factors fuelling the growth of the composites market across the globe are the increasing use of composites in the wind energy, aerospace, automobile and defence applications. In India, the composites industry has a strong manufacturing base and with an extensive scope of applications in automobile, defence, marine engineering and infrastructure sectors. India has made tremendous progress in wind power sector wherein composite consumption has exceeded in comparison with most developed countries.

The combination of World of Composites and Techtextil India will open gates to a gamut of opportunities for exploring new business ventures with the most high-potential manufacturing sectors across the country to witness cutting edge technology and end to end solutions, organisers report.World Composites launch alongside Techtextil India

The Indian composites market is expected to touch US$ 2 billion by 2021, with major industry growth drivers being government projects like smart cities development, sanitation and water infrastructure development projects, and renewable energy projects. Industry growth is predicted at a CAGR of 14%.

“With this nature of demand, the World of Composites will be a top choice for product sourcing for industries like automobile and ancillary manufacturers, wind energy, aerospace and defence, construction, marine, electrical and electronics, etc., which constitute major end user applications of composites covering all the key segments,” conclude organisers.

www.techtextil-india.in.messefrankfurt.com

Author:
Inside Composites

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Exploring Opportunities Pet Packaging Blow Moulding Conference

Exploring the Opportunities of Pet Packaging   Exploring Opportunities Pet Packaging Blow Moulding Conference 

Amut for Ecoplasteam:First Plant in the World for the Recovery of Food Packaging Waste (Tetrapak) – Amut Ecoplasteam Recovery FoodPackaging Waste Tetrapak

Amut Ecoplasteam Recovery FoodPackaging Waste Tetrapak

Amut for Ecoplasteam:First Plant in the World for the Recovery of FoodPackaging Waste (Tetrapak)  Amut Ecoplasteam Recovery FoodPackaging Waste Tetrapak

In September 2018 the world’s first facility for POAL recycling will be in operation to produce Ecoallene. POAL is a polyethylene + aluminium polycomposite recovered from food packaging

Amut Ecoplasteam Recovery FoodPackaging Waste Tetrapak

More DPF

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-Company announces improved PET chemical recycling method – Company announces improved PET chemical recycling method

Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis

Researchers use bacteria to produce biodegradable plastic – Bacteria produce biodegradable plastic

Researchers use bacteria to produce biodegradable plastic   Bacteria produce biodegradable plastic  

Borealis and Henkel successfully launch a new packaging solution made of 100% Plastic Recyclate – Borealis Henkel packaging 100% Plastic Recyclate

Borealis and Henkel successfully launch a new packaging solution made of 100% Plastic Recyclate   Borealis Henkel packaging 100% Plastic Recyclate

Borealis Henkel  packaging 100% Plastic RecyclateBorealis, a leading provider of innovative solutions in the fields of polyolefins, base chemicals, and fertilizers, in association with Henkel and two other value chain partners successfully launched a new packaging solution produced entirely with post-consumer recycled (PCR) material.

The robustness of this new packaging solution confirms that plastic recyclate is suitable for a variety of demanding packaging applications, for example, a popular adhesive brand marketed by Henkel.

Integrating their respective areas of expertise and long experience as a virgin polyolefins producer and “upcycler”, respectively, Borealis and mtm plastics are searching for new growth opportunities with other partners.

Günter Stephan, Head of Borealis Circular Economy Solutions, said, “As a virgin polyolefins producer, Borealis is thrilled to be among the pioneers in using plastic recyclate in new applications. Even though momentum is gaining in the drive to increase the circularity of plastics, we still need to prove without a doubt within the industry that using recyclates – and even 100% PCR – is a suitable and effective option, even for demanding applications. Along with our partners Henkel, KKT and bomo, we are giving plastics a second life and are thus one step closer to the goal of a more circular economy of plastics.”

Matthias Schaefer, Project Manager for Global Packaging Engineering at Henkel Adhesive Technologies, commented, “We are at the forefront of the industry when it comes to new sustainability strategies in packaging.  We identified Pattex Made-at-Home as a candidate for exploring the use of recyclate instead of virgin plastics. This constructive collaboration proves the viability of 100% PCR material for an adhesive product like Made-at Home. It also underscores our efforts at Henkel to drive leadership in sustainability in the consumer goods sector.”

Related Topics

-UK businesses £4m innovative plastic recycling projects

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

‘There is growing interest in yarns with natural origins’ – Growing interest yarns natural origins

‘There is growing interest in yarns with natural origins’  Growing interest yarns natural origins
Growing interest yarns natural origins

The market for bio-based yarns is pretty limited, but there is a growing interest in yarns with natural origins. In line with growing consumer demand for eco-sustainable clothing a large number of brands from different price ranges use bio-based yarn in their collections, said a top official from Fulgar SPA, an international leader in manmade fibre market.Growing interest yarns natural origins

“The growth rate for our bio-based Evo yarn is very high, over 30 per cent a year. It is still a new product. In general, the favourable market response to our Evo organic yarn is a source of great satisfaction for us and it rewards our commitment and investment,” Alan Garosi, marketing manager, Fulgar SPA told Fibre2Fashion.

Over the last three years, Fulgar has launched an all-round sustainability programme, investing in research and development (R&D) and developing products made from recycled raw or natural materials. Fulgar’s products and manufacturing methods have gained sustainability certification in a number of areas, including life cycle assessment (LCA), assessment of the environmental impact caused by the entire production process, and Q-Nova’s inclusion in the Higg Index that measures the environmental impact of a garment’s entire lifecycle.Growing interest yarns natural origins

When asked about the demand for bio-based versus polyamide 6,6 yarns at Fulgar, Garosi said, “Unlike traditional polyamides, where demand comes from across the market, as a result of costs and technical performance the demand for bio-based polyamides is focused on premium clothing.”

The company plans on introducing new products that are linked to sustainability, and will present an environmental balance updated to the three-year period of 2015-2017. It will also explore new, potentially interesting markets for our type of products. (KD)

Click here to read the complete interview.

Fibre2Fashion News Desk – India

Related Topics

-Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris

US July benzene contract settles lower on sufficient supply – US July benzene contract sufficient supply

US July benzene contract settles lower on sufficient supply   US July benzene contract sufficient supply

Source:ICIS News

US July benzene contract sufficient supplyHOUSTON (ICIS)–US benzene contracts for July settled at $2.84/gal free on board (FOB) US Gulf, a decline of 15 cents/gal from June, as sufficient supplies weighed down prices.

The settlement was in line with market expectations and matched formula calculations based on spot deals from the last 10 days of the prior month.

US benzene contracts typically settle on the last working day of the prior month and are heavily influenced by late-month movements in spot prices.

The July contract represents the lowest monthly contract number since October. US benzene contracts hit a 12-month high in December and have declined in six of the first seven months of 2018.

Spot cargoes had traded lower for most of the month as globally sufficient inventory levels pushed down prices in spite of stronger crude oil futures. A series of styrene production issues also crimped benzene consumption.

Spot deals for July were heard last week in the range of $2.83-2.84/gal delivered duty paid (DDP).US July benzene contract sufficient supply

Major US benzene producers include ExxonMobil, Flint Hills Resources, LyondellBasell, Marathon Petroleum, Shell and Phillips 66.

Pictured above is a benzene molecule. (Photo by Cultura/REX/Shutterstock)

By Zachary Moore
Related Topics

Ambitious alliance mobilizes value chain for bio-based polymers – Ambitious alliance value chain biobased polymers

Ambitious alliance mobilizes value chain for bio-based polymers   Ambitious alliance value chain biobased polymers

RP Siegel
Ambitious alliance value chain biobased polymers

Shutterstock
Project Effective seeks to catalyze the development of bio-based polymers that can be recycled more easily.

It’s been a little over a hundred years since the first synthetic resin, Bakelite, was created from coal tar and wood alcohol. In the century that followed, countless variations have been developed and the proliferation of plastics, due to their incredible versatility and low cost, has been astronomical.

Many would say that that this proliferation has been the very antithesis of sustainability. Due to its low cost, the rise of plastics has encouraged waste. It litters our landscapes and our oceans, and its production utilizes massive quantities of fossil fuel. Every kilogram of plastic produced from oil emits 6 kg of carbon dioxide. And yet, it’s hard to imagine our modern world without it.

This raises the question: Is a sustainable value chain for plastics even possible?

Efforts at recycling are a good place to start. But going back the 1970s, only 9 percent of all plasticever produced has been captured. While efforts to collect and reuse these materials continue to expand, so does the use of plastics.

What will it take to really shake things up on this crucial issue? Project Effective, an integrated European stakeholder project, is being backed by at least a dozen companies that are seeking to change the formula. Its focus is to catalyze the development and proliferation of bio-based plastics that can be recycled over and over again.

The initiative emerged from a partnership between Aquafil, an Italian producer of nylon fibers used in carpeting and textiles, and Genomatica, a San Diego-based biotech company focused on the development of bio-based polymer materials. Both companies say they are heavily committed to sustainability.

Ambitious alliance value chain biobased polymers
Participants include renewable feedstock providers, conversion technologies, makers of intermediate and finished products, major consumer brands and recycling/reuse technologies.

“The basic idea is to completely decouple nylon from oil and to make the material from renewable resources, and then, with Econyl, to recycle it an infinite number of times,” Aquafil CEO Giulio Bonazzi told GreenBiz. “This would mean an incredible result in term of raw material accountancy for the planet.”

Nylon is an extensively used material. It can be found in carpeting and many textiles, including things like umbrellas, swimsuits, luggage, tires and, of course, stockings. Carpeting alone currently accounts for 2 percent of all landfill material, according to data from the Environmental Protection Agency, so there is plenty of “raw” material to draw on.

Aquafil’s Econyl process produces recycled nylon that requires no additional oil, and it requires as much as 50 percent less energy than the conventional process, according to the company. Global warming emissions are reduced as much as 80 percent compared with the standard process for making nylon, the company claims. It just opened its first recycling plant outside of Phoenix, which runs entirely on renewable energy.

Genomatica, meanwhile, has developed bio-based fibers that are being used in high-performance clothing (e.g. Spandex) and packaging. Its process substitutes bio-based versions of feedstocks such as 1,4-Butanediol (BDO) for their petroleum-based predecessors.

The two companies formed their partnership with the goal of creating a bio-based version of caprolactam, which is the molecule that forms the basis for nylon-6. The plan is for Genomatica to develop the biochemistry, while Aquafil will focus on the conventional processing aspects.

Genomatica CEO Christophe Schilling told GreenBiz that his company met up with Aquafil as the result of Genomatica’s involvement with Novamont, another Italian company, in the development of a biodegradable and compostable bioplastic that is now sold commercially under the name MATER-BI. Novamont will pursue a bio-based polyester as part of this project.

What became clear early on, given the development of cost-effective, bio-based versions of these common fibers, was that success in the marketplace will require the participation of numerous other players.Ambitious alliance value chain biobased polymers

“With the new technologies being developed came the possibility to totally rethink the value chain,” Schilling said. “…Maybe an interesting way to do that would be to form a broader consortium of stakeholders. Particularly in Europe, where the sustainability climate right now is much stronger than in the United States.”Thus, with the help of a grant from the European Union’s Horizon 2020 program, Aquafil and Genomatica catalyzed Project Effective, which now includes a dozen European companies. The participants include raw plastic producers (Aquafil and Novamont), a bio-based feedstock provider (Südzucker), a carpet manufacturer (Balsan), textile producers (Carvico, H&M, and Vaude), a plastic film manufacturer (Bio-Mi), a company specialized in energy efficiency (CIRCE), a life-cycle assessment specialist (Life Cycle Engineering) and a coordinator entitled for dissemination and exploitation of the project (Circular Change). Genomatica will provide biotechnology as an affiliated partner.Ambitious alliance value chain biobased polymers

Aquafil has already developed and implemented industrial-scale recycling capacity for nylon carpeting. If it can work with these partners to bring forth the ability to produce virgin nylon from renewable non-food materials, the industry could find itself one step closer to a sustainable ecosystem for producing a fully recyclable of this material much more cost-effectively. And that could lead to entirely new applications, the stakeholders believe.Ambitious alliance value chain biobased polymers

“Nylon can be applied to many different products,” Bonazzi said. “However, because it’s more expensive, it has been heavily substituted by polyester (in textile) and polypropylene (in injection molding). However, we believe that having a renewable and fully recyclable material, could make it attractive in these and other areas where it hasn’t been used before.”Ambitious alliance value chain biobased polymers

Wittman to release new S-Max granulator models – Wittman SMax granulator models

Wittman to release new S-Max granulator models   Wittman SMax granulator models

by Grace Nolan

Featured Wittmann Group Machinery

by Grace Nolan

 

How China’s ‘Foreign Waste’ Ban Might Spur Its Domestic Recycling Program – China Foreign Waste Ban Domestic Recycling Program

How China’s ‘Foreign Waste’ Ban Might Spur Its Domestic Recycling Program  China Foreign Waste Ban Domestic Recycling Program

China Foreign Waste Ban Domestic Recycling Program

China’s import ban on recyclables and waste has other countries scrambling. But the effects are being felt back home, too — hopefully for the better.

BUSINESS AND TECHFEATUREDSOCIETY

Chuming Li balances two plastic bottles of juice on a carton of fresh durian as he browses the crowded shelves of his university’s campus grocery store.

“I buy anywhere between 10 to 20 bottles of juice and water per week,” says Li, a 23-year-old computer science PhD candidate at Tsinghua University in Beijing’s Haidian District. “I’ve been buying bottled drinks since I was a young kid.”

Li’s affinity for bottled drink reflects a trend in China that has environmentalists nervous and the government scrambling to respond. In the world’s most populous country, widespread consumption of bottled beverages has created concerns about the environmental effects of unrecycled plastic. China became the world leader in 2013 for plastic water bottle consumption at over 73 billion bottles per year, due in part to the country’s rapid urbanization, concern over safe drinking water, and intensive marketing by companies such as Coca Cola and Pepsi.China Foreign Waste Ban Domestic Recycling Program

After decades as the world’s recycling dumping ground, China now must deal with its mounting domestic recycling. Experts say that the country’s informal recycling collection system is no match for the rapid rise in consumption. The central government and local officials responded over the past decade with efforts to increase public awareness of the need for recycling and to curb Chinese companies’ recycling of imported materials, but results have been mixed.

Of the plastics and other recyclables that do make it to domestic recycling centers, the majority are brought there by scavengers, many of them elderly pensioners who operate in a gray legal area to manually sort waste and recycling found in garbage cans or apartment communities, despite laws against picking through trash. The scavengers are paid by weight for each material type, whether it be plastic, paper, or foam packaging.

In the Xiwangzhuang community in Beijing’s Haidian District, 53-year-old Zhu Qingyi parks his rusty cart, painted with his cell phone number in white, on an inner street of the compound and waits for residents to come to him or to call him to pick up recycling from their buildings.China Foreign Waste Ban Domestic Recycling Program

Zhu has collected recyclables — bottles, plastics, cans — for about 10 years, and is one of the city’s estimated 170,000 scavengers. In a good month, Zhu says he takes home 2,000 to 3,000 yuan ($300 to $450), while that number dips to 1,000 rmb ($150) in bad months (forcing him to take side jobs).

“There’s been a change in culture,” Zhu says as he interrupts himself to chit-chat with older residents of the community. “Back in the day, people were more frugal, so they saved up their recyclables in order to collect money. Now, young people just throw it away.”

But a recent piece of national legislation has Zhu seeing better days ahead, particularly for himself.

On January 1 of this year, China banned the import of 24 recyclable materials, including plastic, paper, and e-waste such as batteries. In April it expanded the ban to include dozens more materials, including steel waste. China was once the world’s largest importer of foreign recyclable materials, but that has all changed, seemingly overnight. One British waste manager told the New York Times, “The rest of the world is thinking, ‘What can we do?’ It’s tough times.”

Recycling experts claim that the ban will improve China’s international image while increasing domestic prices and opening up the domestic recycling system for improvement.

 

The fallout experienced by exporting nations such as the U.S. and the UK was immediate and significant, even before the ban was implemented.

The reason for such a drastic shift in policy?

“The problem of foreign garbage is loathed by everyone in China,” said Guo Jing, who is in charge of international cooperation at the Chinese Ministry of Environmental Protection, as quoted by China Daily. Recycling experts claim that the ban will improve China’s international image while increasing domestic prices and opening up the domestic recycling system for improvement.

The current market price of recycled PET — the plastic found in water bottles — is 6,500 to 6,800 yuan per metric ton, compared to 5,500 to 6,000 yuan a year ago, according to Philip Marshall, director of PCI Wood Mackenzie, an analyst firm that specializes in the chemical and polymers industries.

“The value of the waste bottle has risen and potentially will continue to rise in the medium term,” Marshall said by email. “Will this mean the ‘man in the street’ gets more for waste bottles? Potentially, but it will be small. It is the recycle collectors and producers which will see improved margins in that timeframe.

“But it is likely to encourage more recyclers.”

Recyclers like Zhu, who says he’s seen the price of recyclables increase by two-thirds since the recycling import ban — though it’s too soon to say if the price increase will tempt ordinary people to recycle more of their waste.

“China is looking to make the system more efficient and have less ‘scavengers,’ but overall the current local system provides a good recycle rate,” Marshall said. “There are drives to make people more aware (of recycling) and also not to have ‘scavengers’ as a profession…there is a drive toward systemization and reducing general ‘plastics pollution’ by having more systemized collection.”

Greenpeace East Asia campaigner Liu Hua applauded the ban for cutting off millions of tons of materials that would enter China each year. China’s General Administration of Customs reported that March plastic imports hit zero.

Hua also cited its potential to increase demand for domestic waste as a “powerful incentive” to improve the country’s recycling system, including through implementation of household waste sorting and classification programs for food scraps, recyclable materials, and trash that minimize and streamline the sorting work done by scavengers and recycling companies.China Foreign Waste Ban Domestic Recycling Program

“The next step is for local governments to introduce more comprehensive waste classification systems and to increase recycling rates,” Hua said in an email.

China Foreign Waste Ban Domestic Recycling Program

An ice sculpture advertising bottled water at this year’s Harbin International Ice and Snow Sculpture Festival. Photo by Sarah Talaat.

China’s large municipalities have understood the need for recycling awareness for a while. There were public campaigns encouraging recycling in the late 1990s. But the public, generally speaking, has been slow to catch up. For instance, while Shanghai and Beijing have trash bins with separate sides for recyclables and non-recyclables, many residents remain unsure of how to categorize their waste.

Environmental activists, corporate leaders, and waste experts question whether the Chinese government can change people’s behavior, manage domestic consumption, and minimize environmental damage.China Foreign Waste Ban Domestic Recycling Program

In 2013, China overtook the U.S. as the largest consumer of bottled water by volume, according to Bloomberg. Since then, the country has seen a huge increase in domestic plastic bottle consumption, from 23.14 million tons in 2014 to an estimated 500 million tons this year. The consumption of PET plastic in mineral water bottles alone could reach over 2.6 metric tons by 2020 in China, according to some experts.

As little as 23 percent of all potentially recyclable materials in China were recycled in 2013, according to the State Council’s National Development and Reform Commission, but modest progress has been made. Experts estimate the total is closer to 30 percent in 2017, compared to the 45 percent of municipal waste recycled in Germany and 35 percent in the U.S.

A 2014 study published in the journal Waste Management on Beijing’s current recycling system recommended that to make the system whole, “informal and formal sectors should work together,” and that scavengers should be formally employed by existing small community waste-buying depots.China Foreign Waste Ban Domestic Recycling Program

Chinese recycling companies, local governments, and entrepreneurs are now exploring ways to morph China’s haphazard domestic recycling into a successful business model, and to bring recycling awareness into daily public life.

One private company, Beijing INCOM Resources Recovery Resourcing, is both collecting and processing plastic bottles through the 7,000 Reverse Vending Machines (RVM) the company currently operates within China.China Foreign Waste Ban Domestic Recycling Program

Consumers drop their bottles through slots in the machines, mainly located in subway stations in cities such as Beijing, Shanghai, and Chongqing, and then the machine sends money to their mobile payment accounts such as WeChat, or they are given coupons for restaurants such as KFC, based on the weight of each bottle.

“In Beijing, we set more than 5,000 units all over the city, we can recycle about 30 million bottles every year,” Steven Sun, INCOM regional sales manager, said by email. “We use our reverse logistics platform to make sure that the bottles we collect are recycled in the right way.”China Foreign Waste Ban Domestic Recycling Program

Li, the bottled beverage-drinking student, seems to think that recycling awareness and management will improve.

“When I was young, recycling wasn’t popular, but I see that now it’s becoming a trend,” he says. “I see a good future for it in China.”

Related Topics

-Plastic waste : China plastic waste ban makes pollution

-Axion: what’s best for low grade plastics? – With levels of waste plastics rising in the UK as a result of China’s National Sword scrap import policies, the debate is picking up over what to do with them – Axion low grade plastics

Saudi Sipchem starts commercial operation of PBT plant – Saudi Sipchem commercial PBT plant

Saudi Sipchem starts commercial operation of PBT plant   Saudi Sipchem commercial PBT plant

The annual production capacity of the project amounted to 63,000 metric tonnes

Saudi Sipchem commercial PBT plant

Sadara Chemical Co facility is seen in Jubail, Saudi Arabia April 30, 2015. Picture taken April 30, 2015. Image used for illustrative purpose.

Saudi Aramco/Handout via REUTERS

Riyadh –  Saudi International Petrochemical Co (Sipchem) on Sunday announced the beginning of commercial operation of Polybutylene Terephthalate Plant (PBT) located in its complex in Jubail Industrial City.Saudi Sipchem commercial PBT plant

PBT plants is owned by Sipchem Chemical Company, which is a 95% subsidiary of Sipchem.

Sipchem also stated that the financial impact of full commercial operations will start to appear in its financials starting from the third quarter of 2018, according to a statement to the Saudi Stock Exchange (Tadawul).The annual production capacity of the project amounted to 63,000 metric tonnes, the Saudi petrochemical firm noted.

“The commercial operation of the PBT plant, the first of its kind in the Middle East, is an important step in Sipchem expansion and growth strategy. The addition of the PBT plant will allow Sipchem to further realize the benefit of its integrated package of products and will strengthen the added value chain,” Sipchem’s CEO Ahmad Al-Ohali said.The parent firms own the whole capital of Sipchem Chemical Company, the statement showed.

Sipchem last reported a 65.1% year-on-year surge in its net profits, registering SAR 151.4 million in the first quarter of 2018, compared to SAR 91.7 million in Q1-17.

By 12:22 pm Saudi time, Sipchem’s stock rose 2.41% to SAR 22.96.

All Rights Reserved – Mubasher Info © 2005 – 2018 Provided by SyndiGate Media Inc. (Syndigate.info).

 

Karl Mayer to show HKS 3-M in Brazil – Karl Mayer HKS 3M Brazil

Karl Mayer to show HKS 3-M in Brazil   Karl Mayer HKS 3M Brazil

Karl Mayer, a leading German warp knitting machinery manufacturer, will join more than 2,400 national and international companies exhibiting at Febratex, the Brazilian textiles industry fair, which will take place from 21-24 August for the 16th time.

The company will be showcasing its Warp Knitting Business Unit on the stand of its regional agent, MBR – Máquinas Têxteis Bernhard e Rampani. One of the first high-speed tricot machines, type HKS 3-M, with a working width of 130″ and featuring the Kamcos 2 computer platform, will be on show.

Karl Mayer HKS 3M Brazil

The Warp Preparation Business Unit will also be exhibiting at Febratex 2018 on an infostand, highlighting products that can be manufactured on a variety of machines and equipment for producing warp beams.Karl Mayer HKS 3M Brazil

For Karl Mayer, Brazil is a market with a long tradition. Many small warp knitting companies are located there, as well as many larger ones that are becoming increasingly well established, thanks to their vertical production strategies and willingness to invest.Karl Mayer HKS 3M Brazil

“We also want to appeal to smaller customers in order to increase the range of products on offer,” commented Nelson Da Cruz, a Regional Sales Manager at Karl Mayer. “As a result of national protectionist policies, most of the products manufactured in Brazilian warp knitting companies are sold on the domestic market. The market been experiencing a recession since 2015, but this now seems to have bottomed out. We are hoping for a recovery in the near future.”

His expectations are supported by the number of orders placed for tricot machines over the last few months. He hopes to get an even better understanding of the market, so that he can offer his customers new business opportunities. “We must supply products for niche sectors and meet the specific requirements of this country,” he explained.Karl Mayer HKS 3M Brazil

Karl Mayer is also targeting its exhibits at weft knitting companies at Febratex. In Blumenau, an HKS 3-M will be processing elastane to produce a stretch filet fabric for use in sportswear. This product and the performance of the machine are designed to offer producers of weft-knitted fabrics an attractive, alternative technology.

www.karlmayer.com

Author:
Knitting Industry

Europe July ethylene contract in ballpark but at higher end of expectations – Europe July ethylene contract reference price naphtha

Europe July ethylene contract in ballpark but at higher end of expectations   Europe July ethylene contract reference price naphtha 

Source:ICIS News

LONDON (ICIS)–The European July ethylene contract reference price settlement at €1,135/tonne was generally in line with most expectations albeit perhaps at the top end, several sources said on Friday.

Europe July ethylene contract reference price naphtha The contract settled at a decrease of €15/tonne from June, primarily on the back of the month on month decrease in naphtha feedstock costs.

According to ICIS data, this was around €18/tonne lower in June at the time of the settlement than in May, but sources’ own data varied.

Meanwhile, the supply and demand balance, although improved in June through better demand and exports, was generally expected to remain in a balanced-to-long position next month, not least with two crackers due to be back in operation in early July following planned maintenance.

The market’s focus quickly seemed to centre on expectations for a reduction in the contract reference price of €15-25/tonne, although there were higher and lower targets.

Following the settlement, some selling sources were pleasantly surprised at the outcome, and other sources also said they had anticipated more of a drop – of at least €20/tonne. Europe July ethylene contract reference price naphtha

“It’s acceptable and within our ballpark range anyway,” a source said, adding: “Minus €15/tonne was our initial position.”

Some contract participants thought the settlement had also come out a bit too early since they had only just begun their own negotiations that day or the day before.

“Too early, too high, I am not that happy with it,” another source said.

Overall though, few ethylene market players were really that surprised by the outcome.

Image at top:  Steam cracker II, the largest individual plant at BASF’s Ludwigshafen site
Source: BASF

By Nel Weddle

Student Discovers Plastic – Eating Bacteria Which Could Solve Global Pollution Crisis – Plastic Eating Bacteria Global Pollution Crisis

Student Discovers Plastic-Eating Bacteria Which Could Solve Global Pollution Crisis    Plastic Eating Bacteria Global Pollution Crisis

By Rex Austin , in News Sci/Tech World
Plastic Eating Bacteria Global Pollution Crisis

One of the world’s environmental crises could be solved with a bacteria that can eat plastic and break it down into harmless by-products. The bacteria was found by a biology student at Reed College in Oregon, Morgan Vague.

This bacteria can degrade polyethylene terephthalate (PET) – a common plastic which is used in clothing, bottles and food packaging. PET can degrade in centuries, and until then, it damages the environment.Plastic Eating Bacteria Global Pollution Crisis

Morgan Vague believed that she could speed up the process and help solve a big part of the plastic pollution on our planet:

“When I started learning about the statistics about all the plastic waste we have, essentially that told me we have a really serious problem here and we need some way to address it.” Plastic Eating Bacteria Global Pollution Crisis

Then, she learned about bacterial metabolism and “all the crazy things bacteria can do,” so she started to see if microbes could degrade the plastic we get “straight-from-the-store.”

Testing 300 Strains of Bacteria – 3 of Them ‘Ate’ PET

The first step was to hunt for microbes around refineries from her Houston. She was searching for microbes that adapted to degrade plastic both in soil and in water. She took samples back to college in Portland, Oregon and started testing almost 300 strains of bacteria.Plastic Eating Bacteria Global Pollution Crisis

In her search, she was looking for an enzyme that could digest fat and break down plastic to transform it into food for the bacteria.

Vague found 20 bacteria that produced lipase, with three that had high levels of that enzyme. The student said that she used these three bacteria and started to feed them PET:

“It looks like it breaks it down into harmless by-products that don’t do any environmental damage, so right now what it’s doing is breaking down the hydrocarbons within the plastic, and then the bacteria is able to use that as food and fuel. So essentially it’s using that to live. It’s essentially turning plastic into food.”

However, there is a long journey until we begin feeding the bacteria PET. Jay Mellies is a microbiologist and supervisor of Ms. Vague’s thesis, saying that the next step is to make the bacteria eat plastic faster, and get it to eat more different plastics, concluding that:

“This is not going to be the total solution, but I think it’s going to be part of the solution.”

Rex Austin

Robust growth in renewables, but big challenges remain – Crude Oil robust growth renewables big challenges

Robust growth in renewables, but big challenges remain  Crude Oil robust growth renewables big challenges 

Crude Oil robust growth renewables big challenges

Bob Dudley presenting BP’s global Energy Review

BP has warned that while rebalancing of oil production and demand led to a strong recovery of oil prices in 2017 this is a short-term effect that is unlikely to persist.

In its annual Statistical Review of World Energy presented in London earlier this month, Bob Dudley, BP’s group chief executive, said in the same period natural gas demand increased considerably, driven by China.

Improving accessibility to gas should help increase future demand further. In addition renewables exhibited strong growth and have a great future. The setback was that carbon emissions, after flat-lining during the past three years, increased by 1.6 per cent in 2017. Dudley stressed that BP is a strong advocate of carbon pricing as a means of driving carbon demand and carbon emissions down.

Spencer Dale, BP chief economist, summed up 2017 as a year of two steps forward, one step back in terms of world energy. The key findings of this review were that in 2017:

  • With global GDP picking up, global primary energy consumption increased by 2.2 per cent, the fastest since 2013
  • This growth was led natural gas and renewables. Coal consumption also increased by one per cent. Two steps forward, one step back
  • A consequence of these was that energy related carbon emissions grew by 1.6 per cent, after plateauing for three years
  • Global oil consumption growth continued to be high, at 1.7 million barrels/d, as a result of low prices
  • Natural gas consumption of three per cent was the fastest since 2010. This was led by China
  • Natural gas production grew by four per cent, double the last 10-year average, led by Russia
  • Growth in LNG trading outpaced growth in pipeline gas
  • Coal consumption growth was led by India and China, with OECD demand falling for the fourth year
  • Renewables grew by 17 per cent, the largest increment on record, led by wind, now account for 8.4 per cent of global power generation

These results may be seen as alarming in terms of energy transition, with both coal consumption and carbon emissions going up. BP, though, considers these to be short-term adjustments, and unlikely to persist, rather than long-term trends.

However, perhaps the most startling and striking graph BP presented is one that shows the share of coal, oil and gas and non-fossil fuels in global power generation over the last 20 years. Despite the exponential growth in renewables over this period, and huge government policy effort to encourage this, the global power generation mix does not appear to have changed significantly during the past 20 years. Coal provided 38 per cent of this mix in 1998 and 20 years later it is still providing 38 per cent.

But the shares of global primary energy consumption by fuel demonstrate the continued ascendancy of gas and renewables, wind and solar. This is a good sign for the future.Crude Oil robust growth renewables big challenges

Nevertheless, the share of fossil fuels declined only slightly, to 85 per cent, in comparison to 85.3 per cent in 2016.

Oil demand and supply

Oil remains the world’s dominant fuel, making up just over a third of all energy consumed.Crude Oil robust growth renewables big challenges

As a result of the action taken by Opec and non-Opec, oil demand and supply are back in balance and inventories are getting close to normal levels. As a result, the Brent oil price averaged $54.2 per barrel in 2017, up from $43.7 per barrel in 2016. During the first half of 2018 it increased to around $75 per barrel, but this is unlikely to persist.

In terms of supply, output by Opec and non-Opec fell 0.9 million barrels/d, while oil production by other countries grew by 1.5 million barrels/d, led by US shale oil production responding to higher oil prices. A central part of the success of US shale oil has been the strong and continuous gains in productivity, as technology and know-how have improved over the past few years.Crude Oil robust growth renewables big challenges

Clearly, though, Opec still has the ability to smooth temporary disturbances to the oil market. But as BP says, if ‘Opec tries to resist more permanent or structural changes in the market, there is an increasing risk that these actions will quickly be cancelled out by the responsiveness of US shale oil.’

Natural gas and LNG

For natural gas 2017 was a year of strong growth, with both consumption and production increasing at their fastest rates since 2008, by 96 billion cubic metres (bcm), or three per cent, and by 131 bcm, or four per cent, respectively. Gas now accounts a record 23.4 per cent of global primary energy.

The growth in consumption was led by China, followed by the Middle East and the rest of Asia. Growth in production was led by Russia, followed by Iran, Australia and China.

The single biggest factor driving global gas consumption last year was the surge in Chinese gas demand, where consumption increased by over 15 per cent, accounting for around a third of the global increase in gas consumption. This was driven by new measures to improve air quality in cities.

These measures encouraged Chinese industrial and residential users to switch away from coal, favouring gas. BP says that this increased gas demand looks set to continue to increase strongly this year, but it seems unlikely that it will be repeated in 2019 and beyond. This is bound to have a knock-on impact on prices. Currently experienced high prices may not persist.

A key factor in the resurgence of gas was the rapid growth in LNG trade, which increased by 10 per cent in 2017, led by the start-up of new liquefaction trains in Australia and the US. Provided gas and LNG prices remain competitive, they have further to run.

Coal

Even though coal’s market share fell to 27.6 per cent, the lowest level since 2004, it is still demonstrating strong resilience. Its share of global primary energy has remained reasonably steady, fluctuating within a narrow band, over the past 40 years. Clearly coal is not going away.

Both global coal production and consumption actually increased in 2017, led by demand increases in India and China. This also meant that even though domestic consumption fell in the US, production increased to feed exports to Asia.

Power sector and renewables

Renewables continued to exhibit rapid and strong growth, increasing by 17 per cent, higher than the 10-year average and the largest increment on record. But despite this, they accounted for only 3.6 per cent of global primary energy in 2017.

The power sector grew by 2.8 per cent and absorbed more than 40 per cent of global primary energy in 2017. It is the single biggest market for energy. Almost all growth came from the developing world.

Renewables accounted for almost half, 49 per cent, of the growth in global power generation, with their share increasing to 8.4 per cent, from 7.4 per cent in 2016. This was led by growth in wind up 17 per cent and a stunning growth in solar by 35 per cent. This was underpinned by government policy support, but also by continuing falls in costs.

The power sector matters more than any other energy sector. It accounts for over a third of carbon emissions from energy consumption. In order to have any chance of getting on a path consistent with meeting the Paris climate goals there is need for significant improvements.Crude Oil robust growth renewables big challenges

Spencer Dale summed this up in his presentation when he said “Personally, I am more worried by the lack of progress in the power sector over the past 20 years, than by the pickup in carbon emissions last year.”Crude Oil robust growth renewables big challenges

Implications for energy transition

BP’s latest statistical review of world energy poses question marks on global energy transition – it appears to be progressing less rapidly than hoped for.

But BP is advising caution at being too alarmed by this data. The review shows that the structural forces shaping energy transition continued in 2017, with particularly robust growth in renewables and natural gas. Longer-term trends are more important than short-term fluctuations.

Going forward, China will be critical to future global energy demand growth and to how energy transition progresses.Crude Oil robust growth renewables big challenges

Cyprus can achieve new carbon emission reduction targets beyond 2020 efficiently by switching to solar power, which will also result in a significant reduction in electricity prices.

The upshot from this year’s energy statistical review by BP is that the road to meeting the Paris climate goals is likely to be long and challenging.

Dr Charles Ellinas is a nonresident senior fellow at the Global Energy Center of the Atlantic Council @CharlesEllinas

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CoolVisions® Dyeable Polypropylene Outperforms in Innovative Outdoor Fabrics – CoolVisions® Dyeable Polypropylene Outperforms Innovative Outdoor Fabrics

CoolVisions® Dyeable Polypropylene Outperforms in Innovative Outdoor Fabrics   CoolVisions® Dyeable Polypropylene Outperforms Innovative Outdoor Fabrics 

CoolVisions® Dyeable Polypropylene Outperforms Innovative Outdoor Fabrics DULUTH, GA,  — CoolVisions® dyeable polypropylene fiber is proving to be a versatile, all-performance partner in a raft of new hybrid developments for the outdoor market, many with an eye to sustainability.

A uniquely disperse-dyeable polypropylene, CoolVisions® fiber provides mills and brands with the means to create differentiation in fabric structure, pattern, and coloration. The lightweight, moisture-wicking, thermally-regulating polypropylene staple fiber is perfect for spinning with merino wool or cotton, creating yarns that combine polypropylene’s performance attributes with the comfort of natural fibers, without the use of additives or topical enhancements.

Forces of Nature gear by Apparel Strategic Alliances owes its performance cred to CoolVisions® + Cotton knits from Grupo Miro in Mexico. The company recently launched Virtu-Scan™ Apparel, a line of thermally-regulating performance safety apparel featuring CoolVisions® + Cotton. The gear features a logo that can be scanned to confirm the wearer’s identity. WoolVisions™ knits by Global Merino have been adopted by sustainably-minded Norwegian outdoor brand Norrǿna in their line of Skibotn Wool Equaliser T-shirts.

Taiwan’s HerMin Textiles is following up on last season’s WoolVisions™ collection with a new line of woven dobbies featuring dyeable CoolVisions® and silky, absorbent, sustainable Tencel® cellulosic fibers. Knitter Grandtek Asia combines CoolVisions® with Tencel® and renewably-sourced Sorona® PTT.

Hard-core performance brands will benefit from new CoolVisions® dyeable filament, commercialized by Indorama Ventures at IPI Rayong, Thailand. Development is also underway at US spinner Premiere Fibers.CoolVisions® Dyeable Polypropylene Outperforms Innovative Outdoor Fabrics

DaFon International in Taiwan has created a range of moisture-wicking, quick-drying, breathable knits combining CoolVisions® filament with polyester, picked up by local performance brand Santo for their Win-Fit collection.

The latest development in CoolVisions® products comes in an inspired odor-control yarn from FilSpec called FreshFil™. The Canadian-based technical spinner has combined a polyester fiber impregnated with zinc oxide with CoolVisions® staple.

“FreshFil™ yarns with CoolVisions® provide freshness and UV protection in lightweight apparel, adding to polypropylene’s inherent performance benefits such as moisture management, breathability, thermal regulation, and durability,” explains Susan Lynn, global sales and marketing manager for CoolVisions®. “It’s the best of both worlds for outdoor and active brands.”CoolVisions® Dyeable Polypropylene Outperforms Innovative Outdoor Fabrics

These and other CoolVisions® developments will be on display in Booth 56037-UL at Outdoor Retailer Summer Market, July 23 – 26, in Denver.

Source: CoolVisions®

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WTI crude prices may reverse if it closes below $64/bbl WTI crude prices $64bbl

WTI crude prices may reverse if it closes below $64/bbl – WTI crude prices $64bbl 

“Growing concerns over US’ relations with major oil producers like Iran and Venezuela is threatening the market,” says Hareesh V of Geojit Financial Services

Moneycontrol News@moneycontrolcom
 WTI crude prices $64bbl

Hareesh V

Crude oil hit its highest level in three-and-a-half-years in the week gone by. Oil prices have been on a recovery mode since 2016.  The momentum is still continuing, despite worries about the trade stand-off between the US and its allies, which send global stocks and commodities tumbling down.WTI crude prices $64bbl

The Organisation of the Petroleum Exporting Countries and other top producers, including Russia, have reduced daily crude output by 1.8 million barrels. Supply disruptions owing to geopolitical tensions, record global demand and positive outlook from analysts and investment banks aided positive momentum in the oil market.

However, the recovery in momentum was gradual as the reduction in supplies due to OPEC led voluntary cut and unplanned supply disruption from Canada, Libya and Venezuela were virtually balanced by high US shale output.

Shale oil production is at its peak in the US, with refineries operating at its highest average capacity utilisation due to record worldwide demand. At present, the US is the second largest oil producer behind Russia, and their inventories continued to be on a declining trend.

Recently, OPEC and its allies agreed to increase daily production limits at their latest meeting held at Vienna. Against a backdrop of calls from the US, China, and India for more oil supply to stabilise the market, OPEC decided to raise output. However, the group failed to announce a clear target for the same.

Enhancing production largely benefits Saudi Arabia as most other member countries are currently pumping oil close to its capacity or losing output due to various reasons.

While the market was prepared for wide swing after the OPEC meeting, the outcome had initially limited the price impact. However, prices recovered swiftly with the WTI crude surging to $74 a barrel, its highest level since November 2014.

Amid expectations that the proposed hike cannot offset the global supply deficit, US calling out to countries to cut imports from Iran, and supply disruptions propelled the rally in crude oil prices.

Asian Brent crude oil, which was trading at a premium against WTI on concerns over OPEC supply, has now reversed the trend after OPEC’s decision to hike output. The premium of ICE Brent crude over NYMEX WTI was around $11, the highest in more than 3 years, early this month before falling to $5.

Tracking international prices, domestic crude futures surged to its highest level since September 2014 recently. Apart from the overseas factors, weakening domestic currency against the dollar bolstered crude oil prices in the Indian market. The rupee touched a record high of Rs 69.09 versus dollar last week.

Going forward, increased instability in the Middle East is alarming the oil market. Rising geopolitical tensions is putting pressure on oil. Growing concerns over US’ relations with major oil producers like Iran and Venezuela is threatening the market. Reposition of sanctions on Iran is likely to affect top Asian buyers like Japan, South Korea and India.WTI crude prices $64bbl

The US is demanding that all countries stop buying crude from Iran, OPEC’s third largest oil exporter, by November, raising concerns over supply tightness.

The threat of trade war between the US and its allies may hit sentiment as well. The ongoing positive sentiment is likely to extend unless there is any fundamental change.

If WTI trades consistently above $72 a barrel, it may provide room for more upside. A trend reversal is expected only on a close below $64 a barrel.WTI crude prices $64bbl

Disclaimer: The author is Head, Commodity Research at Geojit Financial Services. The views and investment tips expressed by investment expert on Moneycontrol are his own and not that of the website or its management. Moneycontrol advises users to check with certified experts before taking any investment decisions.

Coca-Cola FEMSA acquires bottler in Uruguay – CocaCola FEMSA acquires bottler Uruguay

Coca-Cola FEMSA acquires bottler in Uruguay – CocaCola FEMSA acquires bottler Uruguay

CocaCola FEMSA acquires bottler UruguayCoca-Cola FEMSA acquires bottler in Uruguay Mexico City, Mexico– Coca-Cola FEMSA, S.A.B. de C.V.  (“Coca-Cola FEMSA” or “the Company”, the largest Coca-Cola franchise bottler in the world by sales volume, announces the acquisition of Montevideo Refrescos S.R.L. (“MONRESA”) from The Coca-Cola Company , in an all cash transaction.

The aggregate enterprise value for this transaction is US$ 250.7 million, on a cash free and debt free basis.
MONRESA was founded in 1943 and is the exclusive distributor and manufacturer of the extensive Coca-Cola beverage portfolio in Uruguay, serving a market of 3.4 million consumers through 26 thousand points of sale.
The integration of this franchise increases Coca-Cola FEMSA’s presence to 11 countries worldwide.
“As part of our strategic framework and the consolidation of leadership in the global beverage market, the integration of MONRESA reaffirms our commitment to generating economic and social value for our shareholders and stakeholders.” said
John Santa Maria, CEO of Coca-Cola FEMSA.

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Company announces improved PET chemical recycling method – Company announces improved PET chemical recycling method

Company announces improved PET chemical recycling method   Company announces improved PET chemical recycling method

by Jared Paben

Company announces improved PET chemical recycling methodQuebec startup Loop Industries has unveiled a more efficient technology for depolymerizing scrap PET.

Loop uses a heatless, pressureless process to depolymerize PET, plastic with problematic inks, labels and other contaminants. The process generates monomers can be used to make the company’s Loop brand PET.

The company says its Generation II process is more streamlined and efficient than the first generation. Instead of producing purified terephthalic acid (PTA) monomer, it now produces dimethyl terephthalate (DMT) monomer, which is also used to make new PET. The process involves a considerable reduction in energy use and the complete elimination of water.

“Producing DMT during depolymerization allows us to streamline our technology and eliminate even more resources, time and cost needed to yield PET monomers of the highest purity,” Daniel Solomita, CEO  and founder of Loop Industries, stated in a press release.

Nelson Switzer, Loop’s chief growth officer, told Plastics Recycling Update the company’s end products, Loop PET resin and polyester fiber, are the same whether the monomer used is PTA or DMT. “Making and using DMT in our process greatly enhances the commercial and environmental efficiency of the process, so it’s a terrific option for us,” said Switzer, who recently moved to Loop from Nestlé.

Loop’s short-term priority will be large-scale commercialization of the Generation II technology. In a separate press release, Loop announced it is designing a fully integrated manufacturing facility to commercialize the Generation II technology. The intent is to locate several such facilities near major cities.

“These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality,” Solomita stated in the release.

Earlier this year, Loop announced a deal with French food and beverage company Danone. Loop will help Danone meet its 2025 goal of using 100 percent recycled plastic in its Evian brand water bottles.

Photo credit: Nokwan007/Shutterstock

To receive the latest news and analysis about plastics recycling technologies, sign up now for our free monthly Plastics Recycling Update: Technology Edition e-newsletter.

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-Starlinger acquires Barmag Spinnzwirn from Oerlikon – The Austrian Starlinger Group takes over the business unit Barmag Spinnzwirn based in Chemnitz (Germany) from Oerlikon – Starlinger Barmag Spinnzwirn Oerlikon

Here’s why oil’s surge is far from over, and $100 per barrel could be in the cards: RBC’s Helima Croft – Crude oil rallying $100 barrel wti

Here’s why oil’s surge is far from over, and $100 per barrel could be in the cards: RBC’s Helima Croft  Crude oil rallying $100 barrel wti 

Crude oil rallying $100 barrel wti

With oil rallying 14 percent in the second quarter alone, investors might be tempted to take some profits.

That would be a mistake, says one widely followed energy strategist.

“What we’re looking for now in WTI is we’re looking to go to $77,” Helima Croft, global head of commodity strategy at RBC Capital Markets, told CNBC on Thursday’s “Futures Now.” “If we break above that, then there’s considerable room to run.”

In other words, Croft believes that oil would still need to rally over 3 percent — but the commodity could keep hitting multi-year highs should that level be reached. The strategist had previously stated at the end of May that a return to $100 oil was possible in the future.Crude oil rallying $100 barrel wti

The current geopolitical climate could provide the beginnings of that rally. Earlier this past week, the U.S. pressed its allies to block Iranian oil imports, a move Croft described as an attempt to “take Iran down to zero.”

Since then, oil has spiked to its highest levels since November 2014, and ended June with its fourth straight quarterly gain for the first time since 2010.

Croft believes that tensions in the Middle East could also exacerbate the supply of oil in the market, thereby driving up demand and hiking oil prices higher.

“I think this market is going to tighten in the back half of this year, I think there’s no way around this,” she added.

Croft also stressed that all eyes were also on Saudi Arabia to see how many barrels they could produce. On Tuesday, reports that the Saudis were planning on hitting a record oil output of 11 million barrels a day temporarily sent oil prices lower.

Crude ended Friday’s trading session above $74, its highest levels since November 2014.

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Fast-Pyrolysis Process Recovers Valuable Materials from Tires – Pyrolysis Process Recovers Tires

Fast-Pyrolysis Process Recovers Valuable Materials from Tires  Pyrolysis Process Recovers Tires

By Gerald Ondrey

Each year, more than 1 billion automobile tires are replaced worldwide. Together, the used tires contain 4.4 million metric tons of valuable products, such as carbon black, metals, fuels and chemicals.Pyrolysis Process Recovers Tires

In an effort to recover these materials, the University of Twente (Enschede, the Netherlands; www.utwente.nl) and Continental Reifen Deutschland GmbH (Hannover, Germany; www.continental-reiden.de) are developing a new fast pyrolysis process that decomposes used tires at high temperatures in a matter of seconds.

In the process (diagram), tires are first pretreated to remove metal, fibers and textiles, and the rubber is milled to centimeter-sized granules. A screw feeder continuously feeds rubber granulate to a flash-liquification reactor, operating at a temperature of around 500°C. With residence times of a few seconds, the rubber is converted into pyrolysis gas and solids, explains project leader Gerrit Brem, professor of Thermal Engineering at Twente. The solids are recovered by a cyclone and the gas is condensed into fuel oil and non-condensable fuel gas.

Although the product yield depends on the operating conditions, Brem estimates that a given feed yields about 35 wt.% carbon black, 20 wt.% gas and 45 wt.% condensable oil.

“Unique is our fast heat transfer, resulting in a fast process of seconds, while conventional pyrolysis needs hours to complete the process,” says Brem. “Because of the fast process, we expect — and have seen — a superior carbon black quality,” he says.

The project, partially funded by the Materials Innovations Institute (M2i), aims for a design for a pilot plant and an optimum window for the process conditions. The plan is to scale up the process to demonstration scale in a follow-up project, says Brem.

The fast pyrolysis process is also capable of converting other waste streams into valuable materials. Examples are the recovery of fuels and minerals from paper sludge, carbon fibers from waste composites, or glass fibers from dismantled boats or wind turbines.

Pyrolysis Process Recovers Tires

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Ban no solution – Plastic ban polythene bags environment pollution

Ban no solution   Plastic ban polythene bags environment pollution

Vibha Sharma in New Delhi
There are enough rules and guidelines in place to check plastic waste. However, with no one monitoring, ignoring the law seems an easier option

 Plastic ban polythene bags environment pollution
Making a mountain out of rubbish: The Central Pollution Control Board acknowledges many states do not have organised mechanisms for waste management Photo: Mukesh Aggarwal

Vibha Sharma in New DelhiFirstly, the so-called “plastic” ban is all about the single-use, disposable variety and environmentally hazardous polythene carry bags, daily adding tonnes to mountains of garbage dumps and clogging urban and rural India.

Due to their low cost, ease of manufacture and resistance to water, versatile plastics are widely used in packaging products, ranging from a paper clip to aircraft to space ships. Plastic ban polythene bags environment pollution

Secondly, while plastic bags less than 50 microns are banned in 20 states, including Delhi, they can be easily purchased, used, and dumped carelessly without “punishment or fine”. Plastic ban polythene bags environment pollution

This is the bottom line and the situation in the Capital where a blanket ban on polythene carry bags was imposed in 2012. It was re-enforced in August 2017 when the NGT prohibited the use of single-use, disposable non-biodegradable plastic along with a penalty of Rs 5,000 on violators.

A few months and some initial enthusiasm later, the situation is back to the normal (if it can be called that). The authorities claim to have seized thousands of kilos of banned variety but neighbourhood shops and street vendors can be seen dispensing stuff freely in such bags.Plastic ban polythene bags environment pollution

While a majority may not even know of any such prohibition, those who are aware claim they are using bags of prescribed limits — above 50 microns and biodegradable.  There is no way to ascertain the claims. Plastic ban polythene bags environment pollution

No fear of law

There are enough rules and guidelines, including on manufacturing and stocking, but with no one monitoring it seems easy to get away with false disclaimers on thickness.The fact is plastic bags are cheap and are now an integral part of Indian consumers and consumerism.Plastic ban polythene bags environment pollution

In the absence of viable, environment-friendly alternatives (a packet of bags with thickness of 20 to 30 microns costs only around Rs 20), ignoring the law is an easier option. 

Though big retailers in showrooms and malls and some shop owners are using biodegradable paper bags, but it is more of  an individual choice than fear of law. Fulfilling the promise of a plastic-free India requires a much more radical approach than a ban.

After all, environment conservation is also about an individual’s conscious and social responsibility.

Earlier this year, the Centre also “omitted” the Rule 15 on “explicit pricing” from the Plastic Waste Management Rules, surprising those who believed adding price to a bag for consumers was starting to show results, albeit small. If consumers were charged, next time they would bring their own bag. 

The fact is the so-called “plastic ban” experience has been far from encouraging, whether in Delhi or elsewhere.

The only heartening piece of news is from the northeastern state of Sikkim.  “While the Centre has been proactive in drafting rules and legislations, their enforcement and implementation remains an issue due to the lack of alternatives, easy availability of cheap plastic bags and lack of awareness,” says environmental expert Ravi Agarwal of NGO Toxics Link.

The good news, however, is the younger lot seems to be responding to causes like ban on polythene bags and cleanliness.

But Agarwal says that if the government really wants its Swachh Bharat Abhiyan to be successful and make India plastic-free, it has to back up with cheap alternatives and strict regulations for which there seems to be “no political will”.

“Legislations cannot be enforced through half-hearted measures. The government must improve its monitoring mechanism and levy fines on defaulters,” he says.

Mechanism missing

The Central Pollution Control Board (CPCB) also acknowledges that majority of states, including the Capital, have not established organised mechanisms for waste management.

Also, in states that have enforced a complete ban, plastic bags are being stocked, sold and used “indiscriminately”. And that is not all. States are lackadaisical when it comes to accounting for work done.

Even though states like Delhi, Haryana, HP and Uttarakhand have a complete ban, they have not bothered to furnish details to the CPCB.

Punjab did but partially, or so says the last Annual Report (2015-16) on Implementation of Plastic Waste Management on the CPCB website.Consider this: According to Rule 17(3) of the Plastic Waste Management Rules, 2016, each State Pollution Control Board or Pollution Control Committee (SPCB/PCC) has to prepare and submit an annual report to the CPCB on the implementation of rules by July 31.But as per the CPCB, of the 35 SPCBs/PCCs, only 24 provided the information.

As per provision 13(1), all plastic manufacturing/recycling units have to be registered with the SPCBs/PCCs. However, around 312 unregistered units were still running, including in Jammu and Kashmir, Punjab, Uttarakhand and Uttar Pradesh. No wonder then that despite complete bans in Delhi and Chandigarh, traders find an easy access from neighbouring states.

The Rule 6 says municipal authorities will be responsible for setting up, operationalisation and coordination of waste management system. But according to the CPCB, most states/UTs did not have an organised system for management, “resulting into widespread littering of plastic waste in towns and cities of the country”.

So while the authorities in Delhi claim they are disposing plastic waste properly, DPCC officials say the three MCDs in Delhi are as clueless as ever about what to do with hundreds of thousands of seized polythene bags of less than 50 microns.

In the absence of clear directions on disposal, some were dumped at  landfills and mountains of trash and some in waste-to-energy plants, even though experts say plastic should neither be burned nor buried.

According to Rule 14(1), shopkeepers/retailers will be responsible for the use of properly marked and labelled plastic carrybags.

Most states/UTs are not following the practice, especially when it comes to street vendors and small retailers.

It’s amply clear that unless the established rules and regulations are enforced in true spirit and viable alternatives to plastic are found, the situation on the ground will change little.Disturbing figures

  • 5.72 million tonnes of plastic manufactured by 22,000 units in India each year
  • 178 lakh tonnes is likely to be the country’s plastic consumption in 2018
  • 25,000 tonnes of plastic waste is generated across the country daily
  • 50 microns plastic bags below this thickness banned under the Plastic Waste Management Rules, 2016
  • 20 states have completely banned manufacture and storage of plastic bags, five states partially

Top five plastic waste-generating states

  • Maharashtra 4,69,098 tonnes
  • Gujarat 2,69,294 tonnes
  • Tamil Nadu 1,50,323 tonnes
  • Uttar Pradesh 1,30,777 tonnes
  • Karnataka 1,29,600 tonnes

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Saudis Boost June Oil Production Close To All-Time High – Saudi Arabia Boost June Oil Production

Saudis Boost June Oil Production Close To All-Time High  Saudi Arabia Boost June Oil Production 

Saudi Arabia Boost June Oil Production

Saudi Arabia has increased its oil production this month by 700,000 bpd to 10.70 million bpd, very close to its highest-ever production of 10.72 million bpd from November 2016, a Reuters survey showed on Friday in a clear sign that OPEC’s largest producer is making up for supply drops elsewhere within the cartel.

Saudi Arabia’s previous production record of 10.72 million bpd was set in November 2016, just before the original OPEC and allies’ deal to curb production entered into force in January 2017.Saudi Arabia Boost June Oil Production

According to OPEC’s secondary sources, Saudi Arabia pumped 9.987 million bpd last month, up by 85,500 bpd from April, but still below its 10.058-million-bpd quota.

“The Saudi number for June will be very, very high,” an industry source tracking Saudi Arabia’s oil production told Reuters on Friday. “Surprisingly high.”

Although Saudi production typically rises in the summer due to higher domestic crude oil demand for power plants, OPEC’s leader has also been boosting exports this month, according to the Reuters survey. Saudi Arabia’s crude oil exports rose to around 8 million bpd in June, according to a Reuters industry source. This export volume compares to 7.3 million bpd for April, the latest month for which official figures are available.

For July, the Saudis plan to pump around 11 million bpd of crude oil, an industry source familiar with the Kingdom’s production plans told Reuters earlier this week.

While Saudi Arabia and Russia managed to get OPEC and allies to agree to a vague statement that they would ease compliance to 100 percent from record-breaking more-than-100-percent compliance, the archrivals within OPEC—Saudis and Iran—have been in dispute over the meaning of that statement. Saudi Arabia says that it implies an indirect reallocation of production quotas, while Iran has been insisting that the latest agreement doesn’t mandate any producer to pump above their quota.

Saudi Energy Minister Khalid al-Falih said on Saturday that “Some of the countries … are not going to be able to produce, so the others will. And that implies there will be indirectly a reallocation.” Saudi Arabia Boost June Oil Production

But Iran’s OPEC governor Hossein Kazempour Ardebili strongly disagrees and told Reutersthat “In the last meeting of OPEC, our resolution does not allow any member to produce more than their quota, but to try to reach 100 percent compliance.” Saudi Arabia Boost June Oil Production

“The State Department says it is short and Saudi Arabia says they will produce 11 million bpd in July. I regret to say they both are ridiculing our organization,” Kazempour told Reuters.

By Tsvetana Paraskova for Oilprice.com

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Number of active drilling rigs in U.S. continues downtrend amid hiking oil prices – Number active drilling rigs USA continues downtrend oil prices

Number of active drilling rigs in U.S. continues downtrend amid hiking oil prices   Number active drilling rigs USA continues downtrend oil prices

Source: Xinhua

Number active drilling rigs USA continues downtrend oil pricesHOUSTON,  (Xinhua) — The number of active drilling rigs in the United States fell by five this week to 1,047, while the crude oil prices have been keeping rising for a week.

The Houston-based oilfield services company Baker Hughes reported that the number of oil rigs operating in the United States fell by four while those seeking natural gas dropped by one, driving the overall rig count down to 1,047, but still 107 more than that this time last year, showed weekly data collected by Baker Hughes released Friday.Number active drilling rigs USA continues downtrend oil prices

There are now 858 rigs drilling for oil with more than half of them – 474 – situated in the Permian Basin region of West Texas and New Mexico. There are exactly 187 gas-seeking rigs and two miscellaneous rigs.

Baker Hughes reported a fall of seven active rigs in the previous week.

Meanwhile, Canada, for its part, gained 12 oil rigs for the week-after previous week’s gain of 21 oil and gas rigs, but still down by 17 year over year.

U.S. crude oil inventories decreased again. According to the Weekly Petroleum Status Report by the U.S. Energy Information Administration (EIA) on Wednesday, U.S. commercial crude oil inventories, excluding those in the Strategic Petroleum Reserve, decreased by 9.9 million barrels during the week ending June 22.

In the previous week ending on June 15, EIA reported a draw of 5.9 million barrels. For the same week, the American Petroleum Institute (API) on Tuesday reported a draw of 9.2 million barrels.Number active drilling rigs USA continues downtrend oil prices

U.S. crude oil refinery inputs averaged about 17.8 million barrels per day during the week ending June 22, which was 115,000 barrels per day more than the previous week’s average.Number active drilling rigs USA continues downtrend oil prices

At 416.6 million barrels, U.S. crude oil inventories are about 4 percent below the five-year average for this time of year. Total motor gasoline inventories increased by 1.2 million barrels last week and are about 6 percent above the five-year range. Finished gasoline inventories decreased while blending components inventories increased last week.Number active drilling rigs USA continues downtrend oil prices

Distillate fuel inventories remained unchanged last week and are about 14 percent below the five-year average for this time of year. Total products supplied over the last four-week period averaged 20.2 million barrels per day, up by 1.5 percent from the same period last year.

Over the past four weeks, motor gasoline product supplied averaged 9.5 million barrels per day, down by 0.1 percent from the same period last year. Distillate fuel product supplied averaged 3.8 million barrels per day over the past four weeks, down by 2.5 percent from the same period last year. Jet fuel product supplied was down 3.7 percent compared with the same four-week period last year.

Oil prices were sluggish for most of June, although the prices have shown an upswing starting June 22 as OPEC reached a deal for only modest oil production hikes.

Oil prices continued to rally on Friday after data showed the number of active U.S. drilling rigs declined this week.

A weaker U.S. dollar also made the dollar-priced commodity more attractive for holders of other currencies. The dollar index, which measures the greenback against six major peers, decreased 0.68 percent to 94.662 at 3:00 p.m. (2000 GMT) on Friday.

Meanwhile, the energy market has been reacting to threats from the Trump administration this week, who indicated that the White House would look to sanction countries that don’t reduce their imports of Iranian crude to “zero” by Nov. 4.

The West Texas Intermediate (WTI) for August delivery rose 0.70 U.S. dollar to settle at 74.15 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery added 1.59 dollars to 79.44 dollars a barrel on the London ICE Futures Exchange.

Editor: Mu Xuequan

Related Topics

US June PE contracts rollover on higher oil, hurricane fears – US June PE contracts higher oil

US June PE contracts rollover on higher oil, hurricane fears – US June PE contracts higher oil  

 Source:ICIS News

HOUSTON (ICIS)–US June contracts for polyethylene (PE) were assessed at a rollover from May as higher crude-oil costs and supply concerns during the Atlantic hurricane season maintained a price floor.

US June PE contracts higher oil Price increase initiatives of 3 cents/lb ($66/tonne) remained on the table for June but were not implemented in most cases.

There had been expectations of lower prices given the strong run-up during the second half of 2017 following Hurricane Harvey. Also, producers were starting up new PE plants in the US in the second half of last year. US June PE contracts higher oil

Spot prices for feedstock ethylene also remain at multi-year lows on long supplies, although the length is partly due to slower than expected growth in production rates at US PE plants.

Higher crude oil prices have helped to keep a floor on PE prices as WTI futures are up more than $25/bbl compared with the same period of the past year, supporting higher prices in global PE markets.

Concerns about the possibility of supply disruptions stemming from the Atlantic hurricane season has also encouraged converters to keep more material in inventory, providing additional support to PE prices.

Converters are complaining about margin compression as they had budgeted for significantly lower raw material costs.

ICIS assessed June contracts for LLDPE butene film at 61-67 cents/lb ($1,345-1,477/tonne), high density polyethylene (HDPE) blow moulding at 64-68 cents/lb and low density polyethylene (LDPE) liner grade at 69-73 cents/lb, all on a delivered US in bulk basis.

Major US producers of PE include Chevron Phillips Chemical (CP Chem), DowDuPont, LyondellBasell, ExxonMobil, Formosa, INEOS, Total Petrochemicals and Westlake.

Photo above shows pipe made out of PE. Photo by Al Greenwood

US June PE contracts higher oil

By Zachary Moore

ABL to recycle polyethylene terephthalate bottles – ABL recycle polyethylene terephthalate bottles

ABL to recycle polyethylene terephthalate bottles – ABL recycle polyethylene terephthalate bottles

ABL recycle polyethylene terephthalate bottlesABL in December 2017 introduced returnable glass bottle versions of Beta Malt

Accra Brewery Limited (ABL), a subsidiary of Anheuser-Busch (AB) InBev, says it will focus more on finding solutions for the recycling of its Polyethylene Terephthalate (PET) bottles, following the separation of the Brewery and Voltic.

Before the separation of the two entities, Voltic, which used the most PET bottles, took the lead on PET recycling for the combined business and continued to do so now.

This was done using small-scale recyclers since there was no large-scale recycling plant in Ghana for the recycling of the PET bottles.

Speaking to Journalists from the Institute of Financial and Economic Journalists after a tour of the Brewery’s newly expanded facilities, Mr Philip Redman, Country Director of ABL, said following the separation, ABL now had to work out what it needed to do to recycle its PET bottles.

“I totally agree we need to do much more,” he admitted, stating that ABL has been talking to some people about putting in for a recycle plant but said it was likely to do that in Nigeria quite soon.

He noted that the Brewery recognised the need to do more in that regard thus the move to put some of its products out of PET bottles and into glass bottles.

The company in December 2017 introduced returnable glass bottle versions of Beta Malt, its Malt brand, which was previously only in PET bottles.

This was in line with its 2025 sustainability Goal on reusable or recyclable packing, which requires the company partner suppliers to either make bottles 100 percent returnable or use majority of recycled materials by 2025.

“So we’ll be looking to see how we can move to that over the next few years, but we have much more to do, I don’t deny that. The good news for our business is that the vast majority of our business is in glass and it is in returnable glass, which from an environmental perspective is the best medium to go in,” he stated.

ABL, also as part of ABinBev’s global goal on Climate Action Sustainability aimed at sourcing 100 percent of its purchased electricity from renewable sources by 2025, is currently assessing a project to implement a mid-size on-site solar scheme, which will provide about three megawatts of electricity.

The company currently has streetlights on site which run on solar power, while it used bio-gas, generated from its production to power one of its boilers.

 

Related Topics

-Closed Loop PET Bottle Recycling Demonstrations from AMUT & EREMA – AMUT and EREMA are inviting guests to watch washed post-consumer PET bottle flakes being recycled in a closed material loop process from 28 to 31 May 2018 at the AMUT headquarters in Novara, Italu – Closed Loop PET Bottle Recycling AMUT & EREMA

Samsung Engg to build PE, PP units for Vietnam’s Long Son Petchem – Samsung Engg PE PP Vietnam Long Son Petchem

Samsung Engg to build PE, PP units for Vietnam’s Long Son Petchem – Samsung Engg PE PP Vietnam Long Son Petchem

Source:ICIS News

 Samsung Engg PE PP Vietnam Long Son PetchemSINGAPORE (ICIS)–Samsung Engineering has secured contracts worth Korean won (W) 615.3bn ($548m) to build two polymer plants in Vietnam for Long Son Petrochemicals (LSP).

A 450,000 tonne/year Package B high density polyethylene (HDPE) plant would be constructed for W338.3bn in Vung Tau in south Vietnam, the South Korean engineering firm said in a disclosure to the Korea Exchange on 27 June.

In a separate disclosure, it said that a 400,000 tonne/year Package C polypropylene (PP) plant would be built at the same site for W277bn.

These were lump-sum turnkey contracts over a four-year period.

LSP is Vietnam’s first petrochemical complex and is expected to be operational in 2022.

Located 100 km away from Ho Chi Minh City, the project will include a mixed-feed cracker, which can yield up to 1.6m tonnes/year of olefins depending on the feedstock mix, and is expected to produce some 2.7m tonnes/year of downstream products, including PE and PP.

Thailand’s Siam Cement Group (SCG) recently acquired an additional stake in LSP, making it an indirect owner of 100% of the $5.4bn project.

SCG’s wholly-owned subsidiary Vina SCG Chemicals bought the additional stake in LSP, raising its ownership to 82% stake, while the remaining 18% is held by Thai Plastic and Chemicals, another SCG’s subsidiary.

Top image: SCG broke ground at its US$5.4 billion flagship project of Long Sơn Petrochemicals (LSP) in Vietnam in February 2018. (Source: LSP website)

($1 = W1,122)

By Pearl Bantillo

SIDPEC selects Honeywell UOP’s technology – SIDPEC Honeywell UOP technology

SIDPEC selects Honeywell UOP’s technology – SIDPEC Honeywell UOP technology

Published by Callum O’Reilly, Editor 

Hydrocarbon Engineering,

 SIDPEC Honeywell UOP technologySidi Kerir Petrochemicals Co. (SIDPEC) has chosen Honeywell UOP’s C3 Oleflex™ technology to produce 500 000 tpy of on-purpose propylene at its refinery in Amerya, near Alexandria, Egypt.

Honeywell will provide the process design package, proprietary and non-proprietary equipment, on-site operator training, technical services for startup and continuing operation, and catalysts and adsorbents for the project.

When completed, the SIDPEC unit will be the first Oleflex unit operating in Egypt.

“This plant will allow SIDPEC to expand its portfolio and take advantage of domestically produced propane to make products such as polypropylene,” said John Gugel, President of Honeywell UOP. “The Oleflex technology converts propane into high-quality propylene, which is rising in demand, particularly in growing economies.”

According to IHS Markit, annual demand for polypropylene in Africa was 1.9 million t in 2016. But due to rapid population growth and urbanization, this demand is expected to rise by an additional 1 million t in the next decade. Egypt is the top consumer of polypropylene in Africa, consuming about 4.4 kg per capita, and demand there is projected to grow by more than 5% annually through 2022.

New Polymer Ups the Ante for Recycling – New Polymer Recycling environmentally harmless way

New Polymer Ups the Ante for Recycling – New Polymer Recycling environmentally harmless way

A team of chemists have produced a polymer that apparently has all the benefits of today’s plastic but can be recycled an immeasurable number of times.

If businesses, particularly manufacturers, can replace plastic with the polymer, one of the world’s most severe pollution problems could be minimized or halted.

A team at Colorado State University say their new product can be made in a relatively environmentally harmless way.  New Polymer Recycling environmentally harmless way

The material’s molecules can be turned into polymer at room temperature in only a few minutes with the use of small amounts of a catalyst, but no solvents. The polymer is lightweight, heat-resistant, strong and durable, just like a conventional plastic.

The first big difference, however, is that it is far easier to recycle than plastic, which requires toxic chemicals and complicated procedures. The material breaks down into its molecular state through a reaction with a catalyst and can be re-polymerized without having to be purified.

The second difference is that the law of diminishing returns does not apply as it does to plastic because the recycling process can be performed time and time again.

The Colorado researchers expect their discovery to confer enormous ethical and environmental benefits. Products made from the polymer would pass through the hands of industry, the retail sector and customers – but would have to be recycled and not placed in landfill holes or thrown into the oceans.

The ideal result would be that the plastic in use today would be banished and would no longer pose a threat to the planet.

The team will now investigate other ways to synthesize the polymer and will work on methods of ensuring that after use the material goes to recycling centers.

This product follows an earlier version that researchers found was soft, had poor heat resistance and had to be manufactured under extremely cold conditions.

Professor Eugene Chen, the lead researcher, said: “The polymers can be chemically recycled and reused, in principle infinitely. It would be a dream to see this chemically recyclable polymer technology materialize in the marketplace.”

Photo: Colorado State University

Related Topics

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

rPlanet Earth Launches Mega PET Plant to Cut Carbon Footprint – rPlanet Earth Mega PET Plant Cut Carbon footprint

rPlanet Earth Launches Mega PET Plant to Cut Carbon Footprint – rPlanet Earth Mega PET Plant Cut Carbon footprint
The facility will make about 75 million pounds a year of two product types from 100 percent recycled PET.
rPlanet Earth Mega PET Plant Cut Carbon footprint

Arlene Karidis

A new plant owned and operated by green tech company rPlanet Earth will launch this August in Vernon, Calif., to make about 75 million pounds a year of two product types from 100 percent recycled polyethylene terephthalate (PET). The facility will produce forms to make both beverage containers and food packaging. And it will combine several processes normally done in a few facilities under one roof, cutting emissions and, potentially, cost for finished products.

rPlanet will make preforms for beverage containers, and it will make thermoforms for containers for produce, deli, bakery and other ready-to-eat foods.

Traditionally, PET bales have been sorted, ground and washed at one facility. From there, flake typically goes to another company that decontaminates it and turns it to pellet, bringing it to the Food and Drug Administration’s required specs, whether for food containers or bottles. Then, material would typically have gone to another location, either a plant to make preforms or a plant to make sheet for thermoforms, says Robert Daviduk, co-CEO of rPlanet Earth.

“These intermediate transportation steps create greenhouse gas emissions and mark up between facilities, adding to the cost of materials,” he says. “But we take the process from raw material through to preform or thermoform under one roof for the lowest carbon footprint possible.”

At rPlanet there are two paths. Along one path, the material is conveyed to a sheet extruder. From here, rPlanet can take sheet and convert it into thermoform in a separate machine that presses and molds it to make different forms for different applications.

“For preforms, it goes into an injection molding machine. So, the two paths enable us to make two different products,” says Daviduk.

The postconsumer bales of PET will be run through optical sorters to ensure that what comes out is 100 percent pure PET.

The plan is to prove out the first line and then install a second parallel line, both in the 300,000-square-foot Vernon plant. A later goal is to build three or four similar plants across the U.S., concentrated in the Midwest, Northeast/mid Atlantic, Southeast and Texas.

The company has secured a long-term supply of raw material with businesses that collect containers through deposit programs or curbside clients.

Developing the project was a five-year endeavor, from idea inception through design and planning, to setting up with equipment manufacturers, to installation.

“What we learned through the process is that we have a lower carbon footprint. And we learned different ways to take what are now manual paths to automate in order to make the plant efficient and increase output capacity,” says Daviduk.

Customers will be those in foodservice, retailers and possibly pharmaceutical, healthcare and cosmetic companies.

“They tend to have production facilities close to population centers, and we will focus near those population centers, where post-consumer PET is mainly generated. So, we will have a readily available supply and a nearby client base,” says Daviduk.

One key feature of the operation is optimization of the thermal process involving heat, which will reduce carbon footprint, saving energy.

“Other plants put flakes in a silo and transport it to buyers who heat it to melt it and extrude it to make plastic. But we are taking it out of the decontamination reactors and putting it directly into the manufacturing equipment that makes preforms and sheet,” says Eric Carlson, senior vice president of Woodard & Curran, who built and designed the system. “It comes out just below its melting point, so it’s not cooling and heating.” rPlanet Earth Mega PET Plant Cut Carbon footprint

He says there are several processes incorporated under one roof that have never before been done that way. rPlanet Earth Mega PET Plant Cut Carbon footprint

“There are boilers providing steam, compressors providing compressed air and cooling water to cool equipment [among functions],” says Carlson. “The flow of these utilities needs to be maintained without interruption. There are a lot of integrated workings to make this all happen.”

John Standish, technical director of the Association of Plastic Recyclers, says rPlanet will create a demand for enormous volumes of existing post-consumer bottles. Only 30 percent of PET in bottles and jars is recovered in the U.S. now.

“It is great that there are new companies coming online that will recycle PET bottles. But we need to be working as an industry in parallel to increase recovery of those bottles,” says Standish. “It starts with convincing consumers to put them in the recycling bin and encouraging communities to have the infrastructure.”

Avantium to open pilot biorefinery; sights already set on commercial scale-up – Avantium open pilot biorefinery nonfood feedstock

Avantium to open pilot biorefinery; sights already set on commercial scale-up – Avantium open pilot biorefinery nonfood feedstock

Avantium open pilot biorefinery nonfood feedstock Avantium  Amsterdam  Netherlands

Province of Groningen awards €1.8 million subsidy for pilot plant in Delfzijl

Avantium N.V., a leading technology development company and forerunner in renewable chemistry, today announced that it will officially open a pilot biorefinery for its Zambezi technology in Delfzijl, Netherlands next month. Opening ceremonies will take place in Amsterdam on 10 July and in Delfzijl on 13 July.

Avantium develops novel technologies that use renewable carbon sources instead of fossil resources. The Delfzijl plant will pilot Avantium’s latest technology to convert plant-based non-food feedstock to high purity industrial sugars and lignin. The industrial sugars are used in chemistry and fermentation processes to produce a broad range of durable materials, while lignin is used in energy generation.

The province of Groningen is supporting the pilot biorefinery with a RIG (‘Regionale Investeringssteun Groningen’) subsidy of €1.8 million.

Tom van Aken, Chief Executive Officer of Avantium, said: “We are thrilled to open our pilot biorefinery, which will enable the use of non-food biomass, such as forestry residue, to make many products people use every day. This is a milestone in our work to support the transition to a circular economy, and we are already looking beyond the pilot phase. We have a consortium of partners committed to developing a commercial-scale plant.”

Avantium previously announced it had founded a consortium to develop an ecosystem for the biorefinery technology. The consortium consists of AkzoNobel, RWE, Staatsbosbeheer and Chemport Europe, each of which brings specific expertise for the planned commercial-scale biorefinery.

“We have gathered the right partners to tap into local expertise, utilities and infrastructure for the future commercial scale-up of our technology in the Netherlands,” said Van Aken. “Other potential partners around the world have also expressed interest in licensing our technology for local deployment, to make glucose from a wide variety of feedstocks.”

Gert-Jan Gruter, Chief Technology Officer of Avantium, said: “Glucose is a core building block for the transition towards a bio-based economy. We can replace all materials made from petroleum today with materials made from glucose. Our technology makes optimal use of already available agricultural and forestry residues.”

Patrick Brouns, regional minister of the province of Groningen, said: “We are happy to welcome Avantium to Delfzijl. They bring innovation, green chemistry and highly skilled jobs to the region and fit well with the existing local chemistry, energy and agricultural sectors and the knowledge institutions. With Chemport Europe we also support the future commercial-scale biorefinery in Delfzijl.”

SourcecomPETence ONLINE

Related Topics

-Avantium begins construction of plant that spells good news for bio-plastics – Avantium plant bioplastics

-Global Polyethylene Furanoate (PEF) Market Top Players 2018 – Avantium, ALPLA, Coca-Cola – Global Polyethylene Furanoate PEF Market

-FDCA (2,5-furandicarboxylic acid) biorefineries – FDCA has two carboxylic acid groups, which makes it a suitable monomer for polycondensation reactions with diols or diamines – FDCA furandicarboxylic acid PEF Polyamides

Ministry of Economy worsened the forecast for GDP growth for 2018-2019 – Russia Ministry Economy worsened forecast GDP growth

Ministry of Economy worsened the forecast for GDP growth for 2018-2019 – Russia Ministry Economy worsened forecast GDP growth

Russia Ministry Economy worsened forecast GDP growth MOSCOW ( MRC ) – The Ministry of Economy in a new macro forecast has worsened the dynamics of Russia’s GDP growth in 2018-2019, Kommersant reported citing a source in the government’s financial and economic bloc.

The forecast for GDP growth for 2018 was reduced from 2.1% to 1.9%, and in 2019 – from 2.2% to 1.4%. Among the reasons for revising the forecast is geopolitical uncertainty and decisions to raise VAT from 18% to 20% next year.Russia Ministry Economy worsened forecast GDP growth

The Ministry of Economy also forecasts higher inflation – 2.9-3.1% against 3.1% in the April version of the document. The forecast for the growth of real wages in 2018 is kept at 6.3%, and in 2019 – reduced from 1.3% to 1%.

Earlier it was noted that the Central Bank predicts the annual growth rate of Russian GDP at the level of 1.5-2% in the next three years.

As reported by MRC, last year’s GDP growth was 1.5%, which coincided with analysts’ expectations, but was below the government’s forecast (2.1%) and CB expectations (1.7% -2.2%).

And in the first quarter of 2018, Russia’s GDP grew by 1.3% compared to the same period in 2017.

mrcplast.ru

Author:                Margarita Volkova

Related Topics

US June PP contracts settle higher along with rising monomer costs – US June PP contracts monomer costs

US June PP contracts settle higher along with rising monomer costs – US June PP contracts monomer costs  

 Source:ICIS News

HOUSTON (ICIS)–US June polypropylene (PP) contracts were assessed 8 cents/lb ($176/tonne) higher from May, tracking an equivalent rise in June propylene contracts.


US June PP contracts monomer costsThis marks the second consecutive month of increases, with PP contracts rising by a cumulative 13 cents/lb.
US PP contracts are generally formula-based and set at polymer-grade propylene (PGP) values plus an adder.

Price volatility is emerging as a major concern as domestic contracts have risen or fallen by 5 cents/lb or more in five of the first six months of the year.

Participants are also concerned about the possibility of demand destruction as June contract prices stand at a four-year high.

Demand had remained healthy following the jump in May contract prices, but the additional jump in June may encourage more buyers to shift to imports or to trim their operating rates as a means of coping with higher raw material costs.

PP end-users typically have only a limited ability to reflect increases in raw material costs onto their end-product prices, resulting in a high degree of price sensitivity. Manufacturers of caps and closures, a major end use for PP, often elect to import finished products from Asia rather than manufacture material domestically during periods of sharp rises in domestic prices.

Import prices have been heard in the market at 68-69 cents/lb DEL (delivered) for July delivery and at similar levels on a CFR (cost and freight) basis for July shipment. Buyers are hesitant to purchase cargoes for July shipment, as these would not arrive until August or September.

Margin expansion proposals of  3-5 cents/lb on top of existing monomer plus contracts remain on the table, although negotiations regarding these proposals are likely to be deferred until at least the next month following the large jump in monomer costs in June.

Margin expansion proposals for 2017 were ultimately unsuccessful as a strong run-up in monomer costs during the second half of the year made margin expansions untenable as US domestic prices became uncompetitive globally after a late year surge in monomer costs.

ICIS assessed June contracts for homopolymer PP injection at 78-82 cents/lb delivered in bulk US while contracts block copolymer PP were assessed at 79-83 cents/lb with the same terms.

Major US PP producers include Braskem, ExxonMobil, Formosa, INEOS, LyondellBasell and Total Petrochemicals.

Photo above by PhotoAlto/REX/Shutterstock

By Zachary Moore

Paraxylene producers in Asia nominated July contract prices at the level of USD1,040-1,100 per tonne  – Paraxylene producers Asia July contract prices

 

Paraxylene producers in Asia nominated July contract prices at the level of USD1,040-1,100 per tonne – Paraxylene producers Asia July contract prices 

Paraxylene producers Asia July contract prices MOSCOW – Three major Asian paraxylene producers announced their contract prices for material for July supplies at USD1,040-1,100 per tonne, ICIS sources told the market on Wednesday.

Thus, the Japanese JXTG Nippon Oil & Energy and South Korean S-Oil announced their July contract price of paraxylene at USD1,100 per tonne, CFR Asia, while South Korean SK Global Chemicals named its contract price at USD1,040 per tonne, CFR Asia

Earlier it was noted that the participants in the negotiation process to agree on the June contract prices of paraxylene in Asia could not reach an agreement.  According to them, the last agreed levels of paraxylene prices for June deliveries were at the level of USD960-1,040 per tonne, CFR Asia.

Paraxylene is a raw material for the synthesis of terephthalic acid – a semi-product for the production of polyethylene terephthalate (PET).

According to the Price Review of ICIS-MRC , there are still no signs of a decline in spot prices on the Russian spot market of PET granules.  On the other hand, spot prices have reached anomalously high values ​​and the possibility of their further growth is unlikely.  Formal buyers of PET order for July increased volumes of granules within their contracts.

mrcplast.ru

Author:   Margarita Volkova

Related Topics

-Asian PX-MX spread hits 8-month low amid firm isomer-MX, sluggish PX – The spread between paraxylene and feedstock isomer-grade mixed xylene in Asia has reached its lowest level in eight months due to increased demand for MX for gasoline blending and sluggish PX demand – Asian PX MX spread sluggish PX

-ExxonMobil announced the May contract price of paraxylene at USD1,030 per tonne – ExxonMobil May contract price paraxylene

-SKGC and JXTG announced the May price of paraxylene at USD1,040-1,050 per tonne – JXTG Nippon Oil & Energy (part of Nippon Oil Corporation), a major petrochemical producer in Japan, and SK Global Chemical (SKGC), one of the largest petrochemical producers in South Korea, announced the May contract the price of paraxylene for supplies to Asia at the level of USD1 040-1 050 per ton – SKGC JXTG May price paraxylene

-US April PX CP slips as feedstock MX prices surge on supply, demand – The US April paraxylene contract price was heard settled Friday at 48 cents/lb, sources said Friday – USA April PX CP supply demand

-Paraxylene prices in Asia rose – The spot prices of paraxylene in Asia rose amid the growth in the market of terephthalic acid (TPA) – Paraxylene prices Asia

China’s Fujian Jinjiang Petrochemical eyes commercial output at new CPL plant in August – China Fujian Jinjiang Petrochemical new CPL plant

China’s Fujian Jinjiang Petrochemical eyes commercial output at new CPL plant in August – China Fujian Jinjiang Petrochemical new CPL plant 

Singapore (Platts)

China Fujian Jinjiang Petrochemical new CPL plant China’s Fujian Jinjiang Petrochemical is expected to start commercial production at its new 200,000 mt/year caprolactam plant in Putian, in eastern China’s Fujian province, by August, after major construction work was completed earlier this week, industry sources with knowledge of the matter said Thursday.

Fujian Jinjiang Petrochemical was unavailable for comment.

Fujian Jinjiang Petrochemical, owned by Fujian Eversun Group, has phase two of the project at the same site currently underway. Once it gets completed in 2019, the company will add another 400,000 mt/year of caprolactam capacity, bringing its total capacity to 600,000 mt/year, sources said.

Caprolactam is primarily used in the production of nylon 6 fibres. Asian caprolactam was assessed at $2,120/mt CFR Far East Asia last Thursday.

–Frank Zeng, frank.zeng@spglobal.com

–Edited by Pankti Mehta, pankti.mehta@spglobal.com

Related Topics

-Solvay adding polymer capacity in line with ‘Make in India’ push – Satnam SinghAmlan Das, managing director of Solvay Specialties India Pvt. Ltd.; Jitender Kumar Bharihoke, managing director of Gharda Polymers & Specialties India Pvt. Ltd. – Solvay adding polymer capacity

€566 billion and growing: the EU blue economy is thriving – EU blue economy European Commissioner Environment

€566 billion and growing: the EU blue economy is thriving – EU blue economy European Commissioner Environment  

The EU’s blue economy – all economic activities related to oceans, seas and coastal areas – is growing steadily, according to the EU’s first annual report on the blue economy.

With a turnover of € 566 billion, the sector generates € 174 billion of value added and creates jobs for nearly 3.5 million people.

European Commissioner for Environment, Maritime Affairs and Fisheries, Karmenu Vella, said: ‘The EU’s blue economy is consistently growing over the last decade and the potential for the future is promising. With investments in innovation and through responsible ocean management, integrating environmental, economic and social aspects, we can double the sector in a sustainable way by 2030.’

Tibor Navracsics, Commissioner for Education, Culture, Youth and Sport, responsible for the JRC, said: ‘Thanks to the scientific input provided by the Joint Research Centre we are able to track what drives the blue economy and how it is developing. This report will support policymakers and stakeholders in creating new business opportunities and managing the resources of oceans, seas and coastal resources in a sustainable manner.’

The blue economy represents all economic activities related to our oceans, seas or coastal areas.

It covers established sectors such as fisheries, shipbuilding and tourism as well as emerging industries, including ocean energy and biotechnology. In several EU member states, the blue economy has grown faster than the national economy in the last decade.

During the financial crisis, the blue economy proved more resilient in those member states, softening the effects of the downturn on coastal economies.

The report presents the current status and recent trends in the six established blue economy sectors in different EU Member States, to gain insight into where new opportunities and sustainable competitive advantage may be found.

The big five

The UK, Spain, Italy, France and Greece have Europe’s biggest blue economies. Spain accounts for one fifth of total employment, followed by Italy, the United Kingdom and Greece. Combined, these four Member States account for more than half of the total blue economy-related jobs.

Among the different sectors, that of the ‘living resources’ (i.e. fisheries, aquaculture and processing) has grown by 22% between 2009-2016. Increased sustainability, thanks to the EU common fisheries policy, plays an important role in this positive development.

Also the emerging sectors are booming. The biotechnology sector marks double-digit growth in member states such as Ireland, and employment in the offshore wind industry has jumped from 23.7 thousand in 2009 to 160 thousand in 2016, outnumbering employment of the EU fishing sector.

Key facts of the EU blue economy

• Turnover: EUR 566 billion;
• Gross value added blue economy: EUR 174.2 billion;
• Gross profit: EUR 95.1 billion;
• Gross profit margin: 16.8%;
• Employment: 3.48 million;
• 1.6% of EU’s total employment;
• Net investment: EUR 22.2 billion;
• Net investment to GVA: 29%;
• Average annual salaries: EUR 28.3 thousand
• Blue economy represents 1.3% of total EU GDP (2016)

By tracking the development of the blue economy subsectors, and examining the drivers behind, the Annual Report on the EU Blue Economy can help identify investment opportunities and provide direction for future policies, including ocean governance.

As such, this report – the latest in a series already covering the EU fishing fleet, the EU aquaculture sector and the EU fish processing sector – is a must read for any blue economy professional.

The report was prepared jointly by the JRC and the European Commission Directorate-General for Maritime Affairs and Fisheries (DG MARE).
Source: European Commission Directorate-General for Maritime Affairs and Fisheries (DG MARE), JRC – Joint Research Centre

Related Topics

Asia naphtha eases on supply flows; spot premiums slump – Asia naphtha supply flows spot premiums

Asia naphtha eases on supply flows; spot premiums slump – Asia naphtha supply flows spot premiums  

Source:ICIS News

Asia naphtha supply flows spot premiumsSINGAPORE (ICIS)–Asia’s naphtha prices have slumped on ample supply, as have spot premiums, with deep-sea cargo flows from the west set to rise, according to traders.

Open-spec naphtha prices stood at $637.75/tonne CFR (cost and freight) Japan for first-half August delivery at the close of trade on 26 June, little changed from the previous day.

Spot prices, however, have fallen by 8% compared with $696/tonne CFR Japan a month ago, according to ICIS data.

Market expectations of greater excess arbitrage flows from Europe and the Mediterranean weighed on sentiment.

This was reflected in recent end-user spot cargo purchases that fetched notably lower premiums than before.

Taiwan’s Formosa Petrochemical (FPCC) purchased around 100,000 tonnes of spot naphtha at a premium close to $5.00/tonne to its pricing formula for delivery to Mailiao.

In contrast, FPCC paid a premium of $7.00-9.00/tonne to its pricing formula for second-half July supplies.

In a similar vein, South Korea’s Yeochun NCC (YNCC) secured a total of around 125,000 tonnes of spot naphtha at a premium near $5.50/tonne to spot CFR (cost and freight) Japan quotes.

The premium level for first-half August delivery to Yeosu was down from the firm’s earlier purchase of second-half July supplies done at a premium near $10/tonne to spot CFR Japan quotes.

At the same time, YNCC is seeking, via a separate tender, term supplies for a 12-month period from September with discussions ongoing.

This coincides with easing premiums on the back of a well-supplied market.

“Naphtha is softening … because of weak western [and gasoline] markets,” a southeast Asia-based market source said.

Asia’s naphtha crack spread against prompt-month August ICE Brent crude futures stood at $74.20/tonne on 26 June, sliding from week-earlier levels at $77.40/tonne. The crack spread has since also slumped from above $80/tonne mark throughout the first-half of June.

Naphtha’s forward market structure or the intermonth time spread has also narrowed considerably, reflecting the softer market.

The spread between first-half August and first-half September stood at $6.00/tonne in backwardation. This backwardated spread was much wider at $16.00/tonne this time last month.

But the market is not expected to flip into a contango in the coming weeks, taking into account downstream petrochemical demand that is generally steady, according to market sources.

On deep-sea cargo flows, an estimated near 1.4m tonnes of naphtha from the west is estimated to potentially land in Asia in July, more than average monthly volumes of about 1.2m tonnes.

Picture: Singapore port (Photographer: JW Alker/imageBROKER/REX/Shutterstock)

By Melanie Wee

Technical textiles to grow at 20%: Textile Commissioner – Technical textiles grow 20% Textile Commissioner

Technical textiles to grow at 20%: Textile Commissioner – Technical textiles grow 20% Textile Commissioner

Press Trust of India  |  Mumbai

Technical textiles grow 20% Textile CommissionerThe technical textiles industry is projected to grow at 20 per cent year-on-year and the segment’s potential is largely untapped in the country, a senior government official said here.

“We see huge growth potential for the technical textile industry in India. With 12 segments of technical textiles and a market size of Rs 1,16,000 crore it is projected to grow 20 per cent per annum,” Textile Commissioner Kavita Gupta said here.

Indiaonly accounts for 3 per cent of global technical textile production. As compared to countries like Germany where technical textile contributes 50-60 per cent, In India, this contribution is only 12 per cent, she said.

After inaugurating TECHNOTEX 2018 – an International Exhibition and Conference on Technical Textiles jointly organised by FICCI, Gupta said that technical textiles are being promoted at the highest level by the government so that full potential of this critical segment could be realised.

She said that ministry needs the support of industry to promote usage of technical textiles.

Shishir Jaipuria, chairman, FICCI Textile Committeeand chairmanand managing director of Ginni Filaments in his welcome address said, “Government has special focus on technical textiles and has announced various flagship schemes and future looks promising. We want to pass on the benefits to the consumers.”

Nearly 168 exhibitors from 39 countries including China, Taiwan, South Korea, Vietnam and USA are participating in Technotex. A total of 225 international buyers will be taking part in reverse buyer-seller meet and 7000 visitors are expected at the two-day event.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

China raises antidumping duty on styrene monomer imports from US – China raises antidumping duty styrene monomer imports US 

China raises antidumping duty on styrene monomer imports from US  – China raises antidumping duty styrene monomer imports US 

The Ministry of Commerce released Announcement No. 43 of 2018, announcing the affirmative final determinations on the anti-dumping investigation against the imports of styrene monomer from South Korea, Taiwan and the United States.

MOFCOM decided to levy anti-dumping duties on styrene monomer starting from June 23, 2018 at rates ranging from 3.8 % to 55.7 %, with a period of five years.

In the initial ADD decision effective February 13 earlier this year, antidumping duties of 5%-10.7% was implemented on styrene monomer from South Korea, Taiwan, and the US. The duty varied according to the company from which the cargo originates, and were paid to China’s General Administration of Customs.

After multiple appeals from various SM makers following the initial decision, antidumping duties on cargoes from South Korea and Taiwan had been lowered for the final decision, while higher rates had been imposed on US-based producers.

China raises antidumping duty styrene monomer imports US 

China is the world’s largest demand country for styrene, accounting for about 33-34% of the world’s total demand in 2016 and 2017, with apparent consumption of 97.0-9.8 million tons. China raises antidumping duty styrene monomer imports US 

With the capacity expansion these years, import dependency decreased gradually. However, by 2017, about 32 % of China’s demand depended on import.

China raises antidumping duty styrene monomer imports US 

Source: China Customs

Northast Asia, North America and the Middle East are the three major sources. According the the above chart, about 51% of styrene imports came from South Korea, United States, and Taiwan.

Imports from the three regions have slowed down since early 2018, particularly from the United States. In the first quarter, SM import from US was only around 65kt. The higher rate imposed on US-based producers will make the arbitrage to China harder than before.

Related Topics

-Antitrust: Commission confirms unannounced inspections in the styrene monomer – European Commission – Statement – Antitrust Commission styrene monomer purchasing sector

-Govt May impose Anti-Dumping Duty on Chinese Polyester Yarns – India AntiDumping Duty Chinese Polyester Yarns

-U.S. imposes anti-dumping tariffs on Taiwan textile firms – The U.S. Department of Commerce (DOC) has decided to impose anti-dumping tariffs on fine denier polyester staple fiber suppliers in Taiwan – USA antidumping tariffs Taiwan textile firms

-US to impose anti-dumping duty on PET – USA antidumping duty PET Polyethylene terephthalate

-US antidumping investigation determines PET imports harm market – US antidumping investigation PET imports

Upstream disruptions hit Europe PET pricing impacted

VIDEO: Upstream disruptions hit Europe PET hard, future pricing may be impacted – Upstream disruptions hit Europe PET pricing impacted

 Source:ICIS News

Upstream disruptions hit Europe PET pricing impactedLONDON (ICIS)-Melissa Hurley interviews Senior Editor Caroline Murray about the turbulent first half of the year in the European polyethylene terephthalate (PET) market as well as the domino effect upstream purified terephthalic acid (PTA) has had.

Murray also explores the impact this may have on future pricing for the rest of the year and 2019.

disruptions hit Europe PET pricing impacted

PET is used in fibres for clothing, containers and bottles for liquids and foods, thermoforming for manufacturing, and in combination with glass fibre for engineering resins.

By Staff Reporter
Related Topics

S. Korea’s Huvis likely to gain from exempt in U.S. antidumping – S. Korea Huvis gain exempt U.S. antidumping

S. Korea’s Huvis likely to gain from exempt in U.S. antidumping – S. Korea Huvis gain exempt U.S. antidumping

S. Korea’s Huvis likely to gain from exempt in U.S. antidumping

South Korean textile materials manufacturer Huvis Corp. was cleared by the U.S. government on charges of selling low melt polyester staple fiber (PSF) at below market prices in the United States. S. Korea Huvis gain exempt U.S. antidumping

The U.S. Department of Commerce had conducted an anti-dumping probe on imports from South Korea and Taiwan from April 2016 through March 2017 following a petition filed by Nan Ya Plastics Corp. USA. In a preliminary evaluation, the commerce department imposed a 16.48 percent levy on the fiber product from South Korea’s Taekwang Industrial and Toray Chemical Korea and 52.0 percent duty on Taiwanese firms, but zero percent on Huvis. The zero-duty was confirmed in the final determination. Other Korea-based producers were levied with affirmative anti-dumping duties of 16.27 percent. Their loss will likely be Huvis’ gain and help to cement the company’s leadership in the global market, Huvis said.

Shares of Huvis fell 1.67 percent on Wednesday to close at 8,810 won.

U.S. anti-dumping duty on LMF. [Photo provided by Huvis Corp.]

South Korea and Taiwan are estimated to have exported $75.5 million and $26.9 million in the product, respectively, to the U.S. last year.

Low-melt fibers are used in padding, insulating materials, filters, and automobile interior. S. Korea Huvis gain exempt U.S. antidumping

The global market for the eco-friendly fiber is expected to grow by 8 percent a year.

Huvis plans to establish a PSF factory in a joint venture with Thailand’s chemical company Indorama Ventures in the U.S. to broaden market share and avoid trade barriers.

By Hwang Soon-min and Choi Mira

Related Topics

-Taiwan PET resin firms listed by U.S. for dumping – Department of Commerce (DOC) said Tuesday that it has determined in a preliminary ruling that polyethylene terephthalate (PET) resin suppliers from Taiwan and four other countries sold their products at unfairly low prices in the U.S. market – Taiwan PET resin firms USA dumping

PET glass bottles medicines Argument continues

PET or glass bottles for medicines? Argument continues – PET glass bottles medicines Argument continues

PT JYOTHI DATTA

PET glass bottles  medicines Argument continues

Pharmaceutical packaging is being done in line with the recently revised Indian Pharmacopoeia guidelines

The issue will come up for hearing at the National Green Tribunal early next month

MUMBAI

As Maharashtra grapples with its ban on certain plastic products, the attempt to move away from plastic is not as easy as it seems. And this is being borne out by an earlier attempt to shift from PET (plastic) bottles to glass containers for medicines, especially for children and the elderly. A proposal that has been hanging fire for over three years now. PET glass bottles medicines Argument continues

In late 2014, the Health Ministry had issued a draft notification to get PET (Polyethylene Terephthalate) containers replaced with glass. A move that would have had a knock-on effect across other food and consumer products as well. After tracing a litiguous path across different courts, the issue now comes up for hearing at the National Green Tribunal early next month. PET glass bottles medicines Argument continues

In an effort to be even handed and scientific in its approach, the Indian Council of Medical Research had reportedly asked the National Institute of Nutrition to study the impact of PET packaging on medicines. But the study is yet to commence, an NIN official told BusinessLinePET glass bottles medicines Argument continues

At present, pharmaceutical packaging is being done in line with the recently revised Indian Pharmacopoeia guidelines, a person familiar with the development said. A similar study needs to be done for food articles and beverages too, he said, so similar guidelines can be laid down for this category of consumables as well.

The concern over PET use for medicines had been raised by non-governmental organisation Him Jagriti who said that elements leaching from plastic could cause endocrine disruption leading to birth defects, immunity issues and cancer.

And an earlier report of the DTAB (Drugs Technical Advisory Board) had said, that “the ‘absence of evidence’ may not be considered as ‘evidence of absence’ of the potential harmful effects of packaging of pharmaceutical products in plastic containers.”

It added, “A scientific evidence needs to be generated in a time-bound manner through systematic studies as elaborated above, to arrive at answers to the following questions a) The extent of leachbility from plastic container used for packing different drugs formulation, b) The type of toxicants leached, c) Health hazard due to exposure of the leached toxicant.” PET glass bottles medicines Argument continues

Regulate use & reuse

A scientist familiar with the issue observed that it was difficult to entirely eliminate PET from the supply chain.

The requirement was to have strong regulation on the testing and use of these products, he said, adding that internationally too high density polyethylene (HDPE) plastic was being used in food and medicine containers. There needs to be checks on the quality of plastic used, how long it can be used and reused etc, he added.

While glass seems to be the preferred choice for medicines, there are issues on reuse here too, he said, and not just with breakability and price issues but also on reuse.

“Milk bottles are to be re-used just once and beer bottles just two times. But that is not the case, as the bottles get reused, and often sent to rural areas. And that can be dangerous if the bottle contains remnants of milk, for example, contaminating the liquid it is refilled with,” he said, unwilling to go on record, but raising the all-important issue of a well-intended law faltering on its implementation.

Loop Industries waste Loop™ PET resin manufacturing technology

Loop Industries announces world’s first integrated waste to Loop™ PET resin manufacturing technology – Loop Industries waste Loop™ PET resin manufacturing technology

By GlobeNewswire

Loop Industries waste Loop™ PET resin manufacturing technologyRevolutionary new manufacturing process will position Loop to commercialize its Generation II technology and disrupt how PET resin and polyester fiber is recycled and manufactured

TERREBONNE, Quebec (GLOBE NEWSWIRE) — Loop Industries, Inc. (Nasdaq:LOOP) announced that, as a next step in commercializing its Generation II technology, it is designing a fully integrated manufacturing facility to upcycle waste PET and polyester fiber into virgin quality Loop™ PET resin and polyester fiber.  Loop is in the process of engaging engineering partners to complete the integrated design.

“A fully integrated start-to-finish process will soon exist to commercialize Loop’s innovative Generation II technology and help tackle the global plastic crisis,” said Daniel Solomita, CEO and Founder of Loop. “These facilities will make it possible for all forms of waste PET and polyester fiber, even ocean plastics that have been degraded by the sun and saltwater, to be fully recovered and upcycled into PET of the highest purity and performance quality.” Loop Industries waste Loop™ PET resin manufacturing technology

This integrated innovation will join Loop’s proprietary depolymerization technology with state of the art PET production processes, allowing plastic waste to be utilized as feedstock to produce Loop™ PET resin and facilitate the transition to a circular economy.  The technology will take waste PET and polyester fiber that can include PET plastic bottles and packaging of any color, transparency or condition, and carpet and other polyester textiles that may contain colours, dyes or additives and separate the PET from all contaminants to produce virgin quality FDA-approved food-safe Loop™ PET resin and polyester fiber. Loop Industries waste Loop™ PET resin manufacturing technology

“To encourage more recycling at the community level and reduce climate causing emissions, Loop facilities are planned to be optimally located adjacent to large population centers where ample feedstock can be found,” added Mr. Solomita.

This integrated manufacturing design will be the basis for Loop’s commercialization strategy, which is now the company’s focus in order to capitalize on its technology and respond to the demands of consumers, governments, non-governmental organizations and brand owners who have committed to ambitious sustainability targets.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

Forward-Looking Statements

This news release contains “forward-looking statements.” Such statements may be preceded by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words.  Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop’s control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) commercialization of our technology, (ii) development and protection of our intellectual property, (iii) unexpected industry competition, (iv) the need to raise capital to meet business requirements, (v) our manufacturing facility, and (vi) and our ability to sell our products in order to generate revenues.  More detailed information about Loop and the risk factors that may affect the realization of forward looking statements is set forth in our filings with the Securities and Exchange Commission (SEC).  Investors and security holders are urged to read these documents free of charge on the SEC’s web site at http://www.sec.gov.  Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise. Loop Industries waste Loop™ PET resin manufacturing technology

For more information:

Nelson Switzer

+1 (450) 951-8555

Related Topics

-Chengxing Group will launch a new PET plant in China on June 1 – Chengxing Group, a major Chinese producer of petrochemicals, is planning to put into operation a new PET production plant in Jianggyin, Jiangsu – Chengxing Group PET plant China

-Europe PET players mull over further price hikes in June on tightness – European polyethylene terephthalate (PET) players are considering June spot prices as sellers announce further increases due to high demand during a period of tightness – Europe PET price hikes June

-Prices of PET in the Gulf countries increased against the backdrop of limited supply – Manufacturers of polyethylene terephthalate (PET) in the countries of the Persian Gulf (GCC) increased their price proposals at the end of last week, as the supply of material in the region remains limited – Prices PET Gulf countries

Two brand owners use recycled resin

How two brand owners use recycled resin – Two brand owners use recycled resin

by Jared Paben

Two brand owners use recycled resinTwo electronics manufacturers used a combined 60 million pounds of recycled plastic in their products last year.

HP and Dell recently released sustainability reports touching on their use of recycled resins.  Both companies use plastic recovered from electronics, post-consumer resin purchased on the market, and post-consumer plastic from seaside communities in Haiti. Two brand owners use recycled resin 

The following are summaries from the documents:

HP

HP reports it used 40 million pounds of recycled plastics in its products last year, according to the company’s latest sustainability report. Of that amount, 45 percent went into PC systems, 7 percent into printers, 16 percent into toner cartridges and 32 percent into ink cartridges.

In 2017, it launched its first photo printers made with recycled e-plastics. Specifically, HP used 7 million pounds of recycled plastic in its HP ENVY Photo 6200, 7100, and 7800 printers. As of earlier this year, it has increased the percentage of recycled plastic in photo printers sold at Best Buy to more than 20 percent.

Also last year, HP introduced new models of monitors and PCs incorporating post-consumer recycled plastics. Two brand owners use recycled resin 

HP in 2017 introduced its first ink cartridges made with plastic recovered in Haiti, where it’s considered at risk of becoming ocean litter. Haiti is also where Dell began sourcing plastic for use in its packaging. Through March 2018, HP sourced 375,000 pounds from Haiti. Two brand owners use recycled resin 

In all, HP has used 218 million pounds of recycled PET and PP in its ink and toner cartridges through last year. The recycled plastic is sourced from used HP cartridges, apparel hangers and post-consumer bottles.

HP is a PC and printer business, and is a separate company from Hewlett Packard Enterprise, which provides enterprise products and services.

Dell

Dell has a 2020 goal of using 100 million pounds of recycled material in its products. The company reportsthat, during the 2018 fiscal year, it used more than 20 million pounds of recycled plastic. That brings its total up to 73 million pounds since 2013. Two brand owners use recycled resin 

The recycled plastic comes from a number of different sources, including recovered PET purchased on the market, the company’s closed-loop e-plastics program, its carbon fiber recycling effort and its “ocean-bound plastics” project. Of the 20 million pounds Dell used last year, 9.7 million pounds came from closed-loop e-plastics recycling, 9.4 million pounds from buying post-consumer resin and 1.3 million pounds from its carbon fiber recycling project.

For the first time, Dell began using recycled e-plastics in its enterprise portfolio in Europe last year. Two brand owners use recycled resin 

On a smaller scale, Dell continues to use plastics recovered from areas where they’re at risk of becoming ocean plastics. It uses ocean-bound plastic in packaging for its XPS 13 2-in-1 laptop. Later this year, Dell plans to begin shipping additional XPS line products that use the recycled HDPE packaging.

Photo credit: Kwangmoozaa/Shutterstock

Related Topics

-UK businesses offered £4m for innovative plastic recycling projects…UK businesses £4m innovative plastic recycling projects 

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

Gevo Adopts DSM eBOOST™ Yeast Ethanol

Gevo Adopts DSM’s eBOOST™ Yeast for Ethanol – Gevo Adopts DSM eBOOST™ Yeast Ethanol 

A step forward to improving profitability at Gevo’s Luverne Facility

 Source: Gevo, Inc.

Gevo Adopts DSM eBOOST™ Yeast EthanolENGLEWOOD, Colo. (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO) announced today that it has adopted Royal DSM’s new eBOOST™ yeast at its production facility in Luverne, MN for the enhanced production of ethanol.  eBOOST™ offers improved yields and enhanced profitability.

“We were pleased to have worked with Royal DSM to trial its eBOOST™ solution as part of its commercialization phase.  We liked the results we saw, so we are adopting eBOOST™ going forward for the production of ethanol.  While we are continuing to aggregate demand for isobutanol, jet fuel, and isooctane with a view to building out large capacity for those products, ethanol production is the key to driving profitability in the near term.  We can see the path to profitability.  Adopting technologies such as eBOOST™ is one of the steps on that path.  We look forward to continued work with Royal DSM,”  said Patrick Gruber, CEO, Gevo, Inc.

About Gevo

Gevo is a leading renewable technology, chemical products, and next generation biofuels company. Gevo has developed proprietary technology that uses a combination of synthetic biology, metabolic engineering, chemistry and chemical engineering to focus primarily on the production of isobutanol, as well as related products from renewable feedstocks. Gevo’s strategy is to commercialize bio-based alternatives to petroleum-based products to allow for the optimization of fermentation facilities’ assets, with the ultimate goal of maximizing cash flows from the operation of those assets. Gevo produces isobutanol, ethanol and high-value animal feed at its fermentation plant in Luverne, MN. Gevo has also developed technology to produce hydrocarbon products from renewable alcohols. Gevo currently operates a biorefinery in Silsbee, TX, in collaboration with South Hampton Resources Inc., to produce renewable jet fuel, octane, and ingredients for plastics like polyester. Gevo is committed to a sustainable bio-based economy that meets society’s needs for plentiful food and clean air and water. Learn more at our website:  www.gevo.com.

Forward-Looking Statements

Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, statements related to Gevo’s ability to improve profitability at its production facility in Luverne, MN, Gevo’s ability to become profitable, the performance properties of the eBOOSTTM yeast, including improved yields and enhanced profitability, and other statements that are not purely statements of historical fact.  These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. Gevo Adopts DSM eBOOST™ Yeast Ethanol

All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. Gevo Adopts DSM eBOOST™ Yeast Ethanol

For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2017, as amended, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo. Gevo Adopts DSM eBOOST™ Yeast Ethanol

Investor and Media Contact
Shawn M. Severson
Integra Investor Relations
+1 415-226-7747
gevo@integra-ir.com

Related Topics

-Avfuel enters agreement with Gevo on sustainable fuels – Avfuel agreement Gevo sustainable fuels sustainability climate change

British biotechnology – Industrial biotechnology (IB) is the process of using natural resources to create new chemicals and ingredients; taking micro-organisms and enzymes to generate industrially useful products in a growing range of sectors, including biofuels, chemicals, textiles, food and drink -British biotechnology

ExxonMobil nominates July paraxylene Asian contract

ExxonMobil nominates July paraxylene Asian contract price at $1,030/mt – ExxonMobil nominates July paraxylene Asian contract

Singapore (Platts)-

ExxonMobil nominates July paraxylene Asian contractExxonMobil has nominated its July Asian paraxylene contract price at $1,030/mt CFR Asia, market sources close to the discussions said Wednesday.

The spot PX CFR Taiwan/China marker was assessed at $961.67/mt Tuesday, with the average June assessment so far at $975.02/mt, S&P Global Platts data showed.

The negotiations for the April, May and June ACP failed to reach a settlement, with the bids and offers far apart. The March ACP, the last major settlement, was agreed at $975/mt.

There are five PX ACP sellers in Asia: Japanese companies JXTG Nippon and Idemitsu Kosan, South Korean companies S-Oil and SK Global Chemical, and US major ExxonMobil.

Typically there have been seven ACP buyers: BP, Taiwan’s Capco and Oriental Petrochemical (Taiwan) Corp, Japanese companies Mitsui Chemicals and Mitsubishi Chemical, and China’s Yisheng Petrochemical and Jiangsu Shenghong Chemical Fiber Co.

–Rohan Menon, rohan.menon@spglobal.com

–Edited by Pankti Mehta, pankti.mehta@spglobal.com

Related Topics

-Asian PX-MX spread hits 8-month low amid firm isomer-MX, sluggish PX – The spread between paraxylene and feedstock isomer-grade mixed xylene in Asia has reached its lowest level in eight months due to increased demand for MX for gasoline blending and sluggish PX demand – Asian PX MX spread sluggish PX

-ExxonMobil announced the May contract price of paraxylene at USD1,030 per tonne – ExxonMobil May contract price paraxylene

-China’s Hengli aims to start first PX line in Nov, after refinery starts – China’s Hengli Petrochemical plans to start test runs at one of its two new paraxylene production lines in Dalian, Liaoning province, in November – China Hengli PX line

-SKGC and JXTG announced the May price of paraxylene at USD1,040-1,050 per tonne – JXTG Nippon Oil & Energy (part of Nippon Oil Corporation), a major petrochemical producer in Japan, and SK Global Chemical (SKGC), one of the largest petrochemical producers in South Korea, announced the May contract the price of paraxylene for supplies to Asia at the level of USD1 040-1 050 per ton – SKGC JXTG May price paraxylene

-US April PX CP slips as feedstock MX prices surge on supply, demand – The US April paraxylene contract price was heard settled Friday at 48 cents/lb, sources said Friday – USA April PX CP supply demand

-Paraxylene prices in Asia rose – The spot prices of paraxylene in Asia rose amid the growth in the market of terephthalic acid (TPA) – Paraxylene prices Asia

PolyMirae SK Advanced LyondellBasell South Korea Daelim PP JV

PolyMirae and SK Advanced Plan PP JV – PolyMirae SK Advanced LyondellBasell South Korea Daelim PP JV

PolyMirae SK Advanced LyondellBasell South Korea Daelim PP JV

PolyMirae and SK Advanced Plan PP JV (c) LyondellBasell

PolyMirae, a 50:50 joint venture between LyondellBasell and South Korea’s Daelim, has announced plans to build a PP plant with SK Advanced, which is itself 30% owned by Saudi Arabia’s Advanced Petrochemical.

The 400,000 t/y facility, estimated to cost $420 million, will be located in the southeastern port city of Ulsan in South Korea, and is expected to go into operation in the first half of 2021. Feedstock will be supplied from SK Advanced’s propane dehydrogenation (PDH) plant at Ulsan, which produces 600,000 t/y of propylene.

Construction on the project, which is subject to regulatory filings and permitting reviews, is scheduled to start in January 2019. PolyMirae said the plant, one of the largest of its kind in Asia ,will use LyondellBasell’s Spheripol technology.. Output will be sold to customers in both South Korea and the wider Asian region for use in automotive parts and packaging film, along with injection-molded, blow-molded and compounded products. PolyMirae SK Advanced LyondellBasell South Korea Daelim PP JV

“Through direct investment or through a joint venture such as PolyMirae, we continue to build production capacity to serve rapidly growing end markets in Asia,” said James Seward, vice president of joint ventures and international marketing at LyondellBasell.

With the addition of this joint venture’s capacity, Seward said PolyMirae will ensure that automotive manufacturers in South Korea and throughout Asia will continue to be able to locally source the polypropylene they need to advance the next generation of fuel-efficient vehicles. At the same time, LyondellBasell will gain access to additional export volumes to ensure that its global production footprint continues to grow alongside its customer base. PolyMirae SK Advanced LyondellBasell South Korea Daelim PP JV

Authors

Elaine Burridge, freelance journalist

Related Topics

-SE Asia PP weak amid seasonal demand lull, US-China trade tensions – SE Asia PP weak seasonal demand USA China trade tensions

-Spot prices of PP in China are so far stable – Spot domestic prices PP polypropylene China far stable

PET bottles Dhanuka Dhunseri group eyes India Africa

From plantations to PET bottles, Dhanuka eyes big play in India, Africa – PET bottles Dhanuka Dhunseri group eyes India Africa

PRATIM RANJAN BOSE ABHISHEK LAW

PET bottles Dhanuka Dhunseri group eyes India Africa

CK Dhanuka, Group Chairman, Dhunseri Group

May bid for Assam Co’s 14 gardens if they go under the hammer

KOLKATA

In 1987, when Chandra Kumar Dhanuka took charge of the business, Dhunseri Group had a turnover of little over 60 crore, primarily from the flagship tea business.

Thirty years later, Dhanuka, Chairman of Dhunseri group, has created a $1-billion petrochemicals empire in India and Egypt, and he just completed converting it into a 50:50 JV with Indorama group of Indonesia. Apart from overseas trade, the entity controls 35 per cent of the bottle grade PET market in India, second only to Reliance.

Meanwhile, the plantation business expanded from a production of mere 1.5 million kg (mkg) to 20 mkg, evenly shared between India and Africa. And, if Dhanuka has his way, the tea business is now set to double in size.

“We are eyeing addition of another 10 to 20 mkg, across India and Africa,” he told BusinessLine. He may bid for Assam Company India Ltd’s assets (14 gardens), if they go under the hammer during the ongoing insolvency proceedings.

His Lal Ghora and Kala Ghora brands are market leaders in the packet tea segment in Rajasthan. But, Dhanuka has no plans for further investment in the segment. “Packet tea is a different ball-game altogether. There is no linkage with plantation,” he says.

PET-business

But there is no linkage either between plantation and petrochemicals either. Why did he enter into such unrelated segment? The answer came in single line. “I wanted to own a big plant.” PET bottles Dhanuka Dhunseri group eyes India Africa

The story, he says, began in 1993-94, when he planned a 120,000 tonne per annum (tpa) bottle-grade PET (polyethylene terephthalate) facility in Haldia. The plant was opened in 2003 at a cost of over 400 crore.

“I put everything at stake for this plant. Thankfully, it worked,” he said. Over the next 10 years, Dhanuka added a second plant at Haldia, increasing the total capacity by four times to 4.8 lakh tpa.  PET bottles Dhanuka Dhunseri group eyes India Africa

By 2013-14, Dhunseri opened a 5.4 lakh -tpa facility in Egypt costing over 1,000 crore. But just as his balance sheet started getting fatter, so came problems starting from raw material issues at Haldia to unrest in Egypt and finally a crash in energy commodity prices.

Earlier this month, when Dhanuka roped in Indorama as 50 per cent partner in Egyptian Indian Polyester Company (EIPET), the plant had a $197-million debt on the books and production was suspended for over two years. The debt now stands cleared.

Way ahead

Dhanuka has no immediate plans for business expansion, except enhancing exposure in tea plantations and his continuing investing in macadamia nut plantations in Africa.

“I have no vision as such. I am now 63, I plan to work till 93,” he says. While With his son Mrigank has acquired a confectionery business in Singapore, his wife Aruna joined him in managing the Dhunseri empire.

His philosophy about life is simple. He was never content with mere personal wealth. He wanted to do something more meaningful than that. “I pursued a dream and am still pursuing it,” he said.  PET bottles Dhanuka Dhunseri group eyes India Africa

EU Commission BASF acquisition Solvay nylon business

EU Commission to investigate BASF acquisition of Solvay’s nylon business – EU Commission BASF acquisition Solvay nylon business

Source:ICIS News

EU Commission BASF acquisition Solvay nylon businessLONDON (ICIS)–The European Commission on Monday opened an “in-depth” investigation into the proposed acquisition of Solvay’s global nylon business by BASF under the EU merger regulation.

The EU’s executive body said that it was “concerned that the merger may reduce competition in the supply of key inputs” in the European nylon production chain.

It added that it was particularly concerned the transaction could lead to higher prices due to the increased market power of the merged entity.

BASF announced in September 2017 it was aiming to acquire the Belgian chemical major’s integrated polyamide business for €1.6bn, and was aiming to close the transaction in the third quarter of this year.

“Nylon is used in everyday products like clothes, sports shoes and carpets. But it’s also an important industrial input, for example contributing to make lighter engines and cars,” said Margrethe Vestager, the competition Commissioner.

“However, only a few manufacturers provide essential inputs to produce different nylon products, so we need to carefully assess whether the proposed acquisition would lead to higher prices or less choice for European businesses and, ultimately, consumers.”

According to the Commission, the resulting entity post-transaction would have a market size “almost double” that of the closest competitor, as well as control substantial parts of the merchant markets and of the production capacities at all levels of the nylon production chain.

“Moreover, no other player would be similarly fully integrated in the production chain. Competitors will thus depend on the merged entity to continue to supply them with one or more essential inputs,” it said.EU Commission BASF acquisition Solvay nylon business

“In addition, there is no indication that competition could be preserved by new entrants, since access to essential inputs (such as ADN [adiponitrile, a feedstock for nylon production]) is limited and critical to be able to compete effectively.”

A spokesperson for BASF said that the company will work closely with the Commission to explain the rationale of the planned acquisition.

“The EU Commission will gather and evaluate more data during this in-depth investigation which follows a transparent and established procedure (‘Phase II’),” the spokesperson said.

“This procedure will initially take 90 working days and consequently delay the closing date of the transaction.”EU Commission BASF acquisition Solvay nylon business

The spokesperson added that the transaction has already obtained clearance from eight out of ten jurisdictions so far.

Solvay also told ICIS that it will continue constructive discussions with the European Commission with a view to gaining clearance in by the fourth quarter of 2018.

The Commission has until 31 October to make a decision on its investigation.

(Update adds BASF and Solvay comments in paragraphs 10-14)

Picture source: John Pulsipher/imageBROKER/REX/Shutterstock

By Niall Swan

NWE June paraxylene contract price fully settled May

NWE June paraxylene contract price fully settled at Eur890/mt, up Eur60/mt from May – NWE June paraxylene contract price fully settled May

London (Platts)

NWE June paraxylene contract price fully settled MayThe European paraxylene contract for June has been fully settled at Eur890/mt ($1,040/mt) FD NWE, the buyer involved said Tuesday.

This followed an initial settlement at the same price, which was confirmed by another buyer and a seller Monday.

The full settlement represented an increase of Eur60/mt from May’s full settlement at Eur830/mt.

A monthly contract price is considered fully settled once two independent producers and two consumers have agreed the same price.

The month-on-month increase came amid the restart of Indorama’s downstream 700,000 mt/year Sines PTA plant in Portugal, which sources said had attracted PX imports from the Middle East, in addition to tightening supplies within Europe.

Support for the euro-denominated PX ECP also came against the backdrop of a weak euro, which has remained below $1.17 this week.NWE June paraxylene contract price fully settled May

Firm Asian spot PX prices, which hovered above $1,000/mt a few weeks earlier, also lent support to the ECP negotiations.

European PX spot prices were last assessed Monday at $945/mt FOB ARA, up $20/mt on the day.

–Sam Hashmi, sam.hashmi@spglobal.com

–Edited by James Leech, james.leech@spglobal.com

Related Topics

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-Asian PX-MX spread hits 8-month low amid firm isomer-MX, sluggish PX – The spread between paraxylene and feedstock isomer-grade mixed xylene in Asia has reached its lowest level in eight months due to increased demand for MX for gasoline blending and sluggish PX demand – Asian PX MX spread sluggish PX

Europe polyolefin players monomer settlements polyethylene polypropylene market

Europe polyolefin players adopt wait-and-see attitude ahead of monomer settlements – Europe polyolefin players monomer settlements polyethylene polypropylene market

Source:ICIS News

LONDON (ICIS)–European polyolefins players have adopted a wait-and-see attitude as trading activity has slowed ahead of the July upstream contract settlements.

Europe polyolefin players monomer settlements polyethylene polypropylene marketIn both the polyethylene (PE) and polypropylene (PP) markets there has been limited activity on the spot market, with prices stable across the board last week.

“At the moment everyone is waiting to see what ethylene will do,” said one PE trader.

“Demand isn’t fantastic, it was at the end of May/start June, but it’s slowed down now. I think everyone has bought what they need,” added a separate seller.

Lower naphtha prices, combined with length in ethylene supply is contributing to the hesitancy for PE buyers, as some eye opportunities for lower prices next month.

However, there is also a lack of urgency on the PP side, despite the tighter propylene supply, which has supported PP price increases throughout the month.

There remain some June PE retroactive contracts being discussed, with prices above the monthly monomer increases agreed for some grades.

There is already appetite from sellers for margin recovery in July, with any specific targets to be announced following the monomer settlements.

Producers continue to cite poor margins, with the spread between ethylene and PE on some grades low.Europe polyolefin players monomer settlements polyethylene polypropylene market

Sellers have lost margin throughout the year, and are citing much lower levels than in previous years.

Europe polyolefin players monomer settlements polyethylene polypropylene market

Despite the recent hesitance on the spot market, underlying demand remains healthy for both PP and PE.Europe polyolefin players monomer settlements polyethylene polypropylene market

Demand traditionally increases in the summer period, linked to higher consumption from some seasonal applications.

PP supply is finely balanced, with some tightness on certain grades for both co-polymer and homopolymer.

Both low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) supply is ample, with lower imports having a balancing effect in recent weeks.

However, there is some tightness in the high density polyethylene (HDPE) market, amid lower imports and European sellers reducing production amid higher margins elsewhere.

Given the strength in the HDPE pipe market, some European sellers have turned their attention there, increasing production for pipe.

Supply and demand, along with the upstream ethylene/propylene prices, will all contribute to July pricing movements.

The upstream settlements are expected before the end of the month, with polyolefin players gearing up for July contract negotiations.

Europe polyolefin players monomer settlements polyethylene polypropylene market

PE is used in packaging, the manufacture of household goods, and also in the agricultural industry.

PP is used for packaging, ropes, carpets, plastic parts, loudspeakers and automotive parts.

Pictured above: Agricultural polytunnels in Huelva, southern Spain
Source: Jassen Todorov/Solent News/REX/Shutterstock

Focus article by Katherine Sale

Clarification: Re-casts headline

By Katherine Sale

Boise recycling program leaves even careful recyclers confused

Boise recycling program leaves even careful recyclers confused

Boise’s recycling program leaves even careful recyclers confused. Here’s what to do -Boise recycling program leaves even careful recyclers confused

BY SVEN BERG

sberg@idahostatesman.co

Boise recycling program leaves even careful recyclers confusedBarely a year ago, Boiseans had a gray bin for trash and a blue one for recycling. Now they have four options: trash, recycling, compost and, most recently, the orange bag.

All these choices have left even the most conscientious recyclers a little confused. You know you’re supposed to throw that milk jug in the recycling bin. People who are paying close attention know that the plastic cap should go in the orange bag. But what about the little plastic ring around the jug’s spout? Do you have to cut that off?

And what about a plastic deli meat bag with a paper label? Or a paper envelope with a plastic window? Literature the city of Boise has distributed doesn’t mention those items.

On top of that, some Boiseans still haven’t received their orange bags.

Here’s the good news: If you follow directions on the flyers the city has distributed to people’s homes and posted online, you’ll do fine.You don’t have to be too finicky about small details the flyers don’t mention. The city expects, and accepts, that you’ll probably put some stuff in the wrong place, and a slight amount of this contamination is OK.Boise recycling program leaves even careful recyclers confused

Confused about Boise’s new recycling program? The City of Boise is here to clarify.

Beginning in mid-April, Boise will phase in a program to send unrecyclable plastics in orange bags to Salt Lake City, where Renewlogy will turn them into diesel. Plastic water bottles and clamshell containers will be trash.

By Sven Berg and Kelsey Grey

“There’s just no way that in a massive citywide program like this, you’re going to get 100 percent, pure, clean material,” Boise Public Works spokesman Colin Hickman said. “What we’re really worried about is your bigger contaminants. People putting large amounts of paper into the energy bags or large amounts of metal, or something like that. A small remnant of a label is not going to make that much of a difference.”

So you can leave that plastic ring on the milk jug when you toss it in the recycling bin. You can throw the envelope with its plastic window into recycling, too. You don’t have to scrape off that paper label before throwing a plastic bag into the orange bag.

And if you’re one of the people who hasn’t received the bundle of orange bags that you were supposed to get a month ago, you can email the city at curbit@cityofBoise.org to get yours delivered. (What about getting new bags when you use yours up? Read on.)Boise recycling program leaves even careful recyclers confused

A good start

An outside audit of about 100 bags’ contents found some materials that shouldn’t be there, Hickman said. The most common were plastic items like water bottles in addition to some paper and metals.

Flimsy plastic water bottles cannot be recycled under the city’s program, nor can they be turned into diesel fuel. Much as you’d rather recycle them, the city wants you to put them in the trash for the landfill.

Despite complexities like that, city leaders are happy with how residents are adapting.

In almost two months, Republic Services’ trucks have picked up about 54,000 pounds of non-recyclable plastics in orange plastic bags, Hickman said. That equates to about 38,000 bags filled and collected from 73,000 households.

“We’ve been blown away just with the enthusiasm of residents, just the willingness to dive into the world of plastics,” Hickman said.

Boise family previews new ‘orange bag’ recycling program

A Boise family tried out the Hefty EnergyBag recycling initiative that the city has adopted. Here’s what they thought.

By City of Boise

How it works

To recap:

Boise’s orange bag program was a response to a market disruption that has sent cities and counties across the western United States scrambling. Early this year, China announced it would accept neither flimsy plastic materials, such as water bottles and vegetable containers, nor most of the recycled paper from the western states.

The orange bag program isn’t recycling, but it keeps items out of the landfill that couldn’t be recycled before, including foam products like egg cartons and meat packaging, plastic bags, packing and shipping materials, even empty toothpaste tubes.

You put your filled-up orange bag of plastics in your blue recycling bin. Republic’s trucks deliver the bags, along with the recyclable materials — metal cans, plastic milk jugs, paper — to Western Recycling’s plant on South Cole Road. Sorters separate the orange bags from the recyclablesand set them aside to be smashed, baled, loaded on a truck and sent to a plant in Salt Lake City, where a company called Renewlogy turns them into diesel fuel.Boise recycling program leaves even careful recyclers confused

The first truckload left Boise for Renewlogy’s plant this month, loaded with about 42,000 smashedbags. Renewlogy says it can make six barrels of diesel from every ton of plastic it receives. So Boise’s truckload could be converted into more than 5,000 gallons of fuel.

Other Treasure Valley cities, including Meridian and Garden City, have joined Boise in the orange bag program, though on a limited scale.

Western Recycling owner Dave Dean said he does not yet know if the orange bag program is leading to fewer contaminants among recyclables.

The orange bag program came on the heels of a composting program that Boise debuted last year. Like recycling and composting, the orange bag program is open to residents of standalone homes and apartment buildings with no more than seven units.Boise recycling program leaves even careful recyclers confused

What about replacement bags?

The program is still evolving.

Hickman said the city doesn’t know how many households are using the orange bags. It also hasn’t figured out how to get new bags to the homes that use them up.

The city expects to deliver enough new bags to residents’ homesto get through next year, Hickman said, though it hasn’t yet said when. Stores around town also might start selling them to participants, he said.

Long term, Hickman said, the city wants to deploy assets like smart phone apps to help people figure out what goes where. In the meantime, review the list below.

Sven Berg: 208-377-6275@SvenBerg51

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-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

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SDC EC highlights innovation circular economy textiles

SDC EC highlights innovation circular economy textiles
SDC EC highlights innovation, circular economy in textiles – SDC EC highlights innovation circular economy textiles
SDC EC highlights innovation circular economy textiles
Courtesy: SDC

The 13th international conference by Society of Dyers and Colourists (SDC) EC discussed innovation in the areas of chemical compliance, certification, fashion and business in the textile supply chain. Over 200 delegates from process houses, brand, retailers, fashion and technical educational institutions participated in the recent conference held in Mumbai.At the international conference and the fashion show, there was joint effort to put forward the innovation, ideas and projects that would help everyone involved in the textile supply chain to take a step forward in creating a greener and happier ecosystem for all its living beings.

Based on the theme ‘Innovations in Textile Technology and Fashion towards a Circular Economy’, the conference hosted various programmes like seminars, presentations and panel discussions.SDC EC highlights innovation circular economy textiles

The textile industry is struggling to reduce its foot print and one of the promising pathways to this is to embrace the concept of the ‘Circular Economy’. The technology and fashion segments of the textile supply chain can benefit immensely if they work in tandem with each other, SDC EC said in a press release.

At the conference, Dr Graham Clayton, CEO, SDC UK shared his view and plan for ‘SDC –Global Vision’. The SDC has now moved onto a concept of an online virtual learning environment by conducting online courses which contain updated ASDC module material. The format of this is very much designed to meet the needs of today’s learners with mobile and 24/7 access, containing manageable material to enable students to ‘earn and learn’.SDC EC highlights innovation circular economy textiles

Panel discussions were focused on dyes and chemicals compliance, sustainable business Strategies and ideas to support the textile computation industry. A technical presentation on Circular Economy: Innovations in Design and supply chain management was given by Felix A. K Pinto – sales director, South Asia, South East Asia & ANZ, X Rite India Pvt. Ltd. He highlighted the importance of colour and helping the brands in selecting the right colour. He mentioned the challenges in the production process and total appearance capture system that consist of camera that can scan the object from every angle, helps in visualizing the product. He introduced the Pantone cloud- its tools and concept of 3-D object making that can reduce the cycle of prototype and sampling in garment industry that can help in reducing waste. He concluded saying that for sustainable production 3-D object making can help in reducing the steps of making prototypes and wastage of resources. (RR)

Fibre2Fashion News Desk – India

Related Topics

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-UK businesses offered £4m for innovative plastic recycling projects…UK businesses £4m innovative plastic recycling projects 

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

-Testing ‘recyclability’ with an eye on sorting systems – Testing protocols developed by the Association of Plastic Recyclers give brand owners the chance to prove their plastic packaging can be correctly sorted at materials recovery facilities – Testing recyclability sorting systems

EIA petroleum export USA region destination country

EIA now publishes petroleum export data by U.S. region of origin and destination country – EIA petroleum export USA region destination country

EIA petroleum export USA region destination countryEIA now publishes petroleum export data by U.S. region of origin and destination country - 

Source: U.S. Energy Information Administration, Petroleum Supply Monthly

Starting with the May 2018 release of the Petroleum Supply Monthly, EIA now publishes U.S. petroleum export databy region, defined as Petroleum Administration for Defense District (PADD), of origin and by country of destination. Before this change, users could only see the total amount exported from each U.S. PADD, but not the actual destination associated with those PADD-level exports.

U.S. petroleum exports have increased rapidly in recent years and have become an important factor in global oil markets. Increased access to U.S. oil exports data can provide valuable insight into global oil trade flows and allow new analysis of global oil markets.

U.S. crude oil exports, in particular, have risen sharply since crude oil export restrictions were lifted in late 2015, reaching 1.1 million barrels per day (b/d) in 2017. Through June 15, 2018, U.S. crude oil exports have surpassed 2 million b/d seven times in EIA weekly data. Canada was the largest destination for U.S. crude oil exports in 2017, and with the addition of destination to PADD-level export data, EIA customers can now see that Canada receives U.S. crude oil primarily from the U.S. Midwest (PADD 2), the U.S. Gulf Coast (PADD 3), and the U.S. East Coast (PADD 1). In addition, changes in the relative amount of crude oil Canada received from each region over time can now be seen, notably the significant increase in exports from PADD 2 in 2017.

U.S. petroleum product exports have also increased over the past several years, reaching 5.2 million b/d in 2017. With the addition of destination to PADD-level export data, EIA customers can better track the seasonality that may exist in the exports of certain petroleum products. For example, distillate, the most exported petroleum product, is exported in larger volumes in the summer months, when U.S. consumption is at its seasonal low.

Distillate exports generally decline during the winter months, with exports from the East Coast, the main region that uses distillate (heating fuel) in the winter months, falling to nearly zero. However, during the winter in early 2017, warmer-than-normal weather and lower prices on the East Coast compared with those elsewhere in the Atlantic basin resulted in an unusually high amount of distillate exported from the East Coast for that time of year. By adding destination to PADD-level export data, it is now possible to see that the distillate was exported mainly to countries in Europe, along with some countries in Central and South America as well as Africa.

EIA petroleum export USA region destination countryEIA now publishes petroleum export data by U.S. region of origin and destination country - 

Source: U.S. Energy Information Administration, Petroleum Supply Monthly
Note: The regional groupings above follow the regions defined in EIA’s International Energy Statistics. Export volumes to Eurasia were negligible and are not shown in the chart.

Users can also display and download this data by type of oil product and by U.S. region of export.

Principal contributor: Rebecca George

Chemists Discover Biorenewable Biodegradable Plastic Alternative

Chemists Discover Biorenewable and Biodegradable Plastic Alternative – Chemists Discover Biorenewable Biodegradable Plastic Alternative

Chemists Discover Biorenewable Biodegradable Plastic Alternative

A team of researchers led by Professor of Chemistry Eugene Chen has conducted an extensive study on Biodegradable Plastic Alternative a polymer called bacterial poly (3-hydroxybutyrate) – P3HB. And initial findings about this study suggest that the compound can be used as a substitute for petroleum plastics, especially the ones utilized in major industrial sectors. This study was first described in Nature Communications, last week.Chemists Discover Biorenewable Biodegradable Plastic Alternative

More Insights into the Polymer Biodegradable Plastic Alternative

P3HB us a biomaterial, and is typically produced by bacteria, algae, and other microorganisms. It is mainly used in a few biomedical applications. The compound can be processed in laboratories, but at a very high cost. And in spite of such costs, a very limited volume of the polymer can be produced. Thus, these reasons are causing the use of this polymer material highly impractical in several applications.

While conducting the research, at the initial stages, the team of researchers under Professor Chen used a material called succinate, which is an ester form of succinic acid. This team also includes the relevant research paper’s first author and research scientist, Xiaoyan Tang. The acid is produced through fermentation of glucose. Moreover this substance is placed by the U.S. Department of Energy in the top 12 biomass-derived compounds as a hope for replaced petroleum derived chemicals in future.

Chemical synthesis carried out by the researchers produces P3HB that is similar in performance to bacterial P3HB. However, this technique is faster and offers high potential in terms of large-scale and cost-effective production rates, ultimately to be used for commodity plastic applications. This new method works best with a group of new catalysts, which also have been designed and synthesized. The team has applied for a provisional patent through CSU Ventures for the new technology, as a first step towards production of a polymer alternative to plastic, which is both biodegradable and biorenewable.

Scientists Find Way Break Biomass 30 Times faster

Scientists Find Way to Break Down Biomass 30 Times faster – Scientists Find Way Break Biomass 30 Times faster

Scientists Find Way Break Biomass 30 Times fasterScientists from Imperial College London have found a method to accelerate the process of breaking down biomass by 30 times.

This will lead to producing biofuels and recycling plastics in a faster, cheaper and in a more environmental friendly way. The scientists found a way to accelerate the bioprocessing of biomass.

Bioprocessing refers to using the biological or metabolical process of living cells. These leaving cells or their components are used to make products like biofuels, plastics, medicines, and cosmetics. This bioprocessing is time consuming and expensive.

The scientists modified the glucosidase enzyme which helps to break down complex carbohydrates in biomass (cellulose for instance) into their basic units, glucose. The glucose is fermented to make ethanol, a form of biofuel.

Releasing glucose from cellulose is a very expensive and time consuming process. The technical reasons are that enzymes stop working at temperatures higher than 70 °C or when in contact with industrial solvents like ionic liquids.

The scientists found a technique to make enzyme work in higher temperatures and with ionic liquids.

The findings were published in Nature Chemistry.

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SE Asia PP weak seasonal demand USA China trade tensions

SE Asia PP weak amid seasonal demand lull, US-China trade tensions – SE Asia PP weak seasonal demand USA China trade tensions

Source:ICIS News

SINGAPORE (ICIS)–Southeast Asia’s polypropylene (PP) prices may come under further pressure in July due to a seasonal lull in demand, with market sentiment bearish amid escalating trade tensions between the US and China.

In the week ended 22 June, spot prices of dutiable PP flat yarn were stable to soft from the previous week at $1,280-1,290/tonne CFR (cost and freight) SE (southeast) Asia, according to ICIS data.

Prices may have peaked at $1,305/tonne CFR SE Asia in mid-June, market players said, following a steady uptrend from late April.

SE Asia PP weak seasonal demand USA China trade tensions

“Demand for PP has historically been week in the third quarter,  a southeast Asia-based trader said.

“Furthermore, the polymers market has lost the support of crude, since crude values haven’t been as strong as before,” the trader said.

At midday, Brent crude was down $1.29/bbl at $74.26/bbl, while US crude declined 24 cents/bbl to $68.34/bbl, following OPEC’s decision to increase output at their meeting on 22 June.SE Asia PP weak seasonal demand USA China trade tensions

Strong upstream crude and naphtha markets had previously provided PP suppliers some leverage to push up their offers.

Trading activity is likely to pick up this week, when more market players return from the Eid ul-Fitr holidays, but demand looks set to remain thin.

The Eid ul-Fitr in mid-June marks the end of the Muslim fasting month of Ramadan, with extended holidays in Indonesia, which has a predominantly Muslim population.

In the key China market, prices in both domestic and import markets have been declining as the US’ tariffs on more than 800 Chinese products, including PP and propylene copolymers in primary forms, are due to come into effect on 6 July.

While China is not a major exporter of PP to the US, market players are wary of the brewing trade war between the two biggest economies in the world.

These concerns have sent China’s PP futures market spiraling down last week. On 22 June, the September 2018 PP contract traded at the Dalian Commodity Exchange (DCE) declined by 1.37% from the previous day to CNY8,980/tonne ($1,379/tonne).

“When sentiment in China turns bearish, it’s only a matter of time before southeast Asia is impacted,” a Singapore-based trader said.

Spot offers in southeast Asia were at $1,300/tonne CFR SE Asia and above last week, but were largely limited with Middle Eastern suppliers still mostly away due to the Eid ul-Fitr holidays from mid-June.

Most PP offers were from traders holding July-arrival cargoes and keen to offload the volumes before prices fall any further, while market players in Indonesia and Malaysia were also mostly inactive for the most part of last week due to the Muslim holiday.

In Thailand, demand for finished consumer products was suppressed due to the rainy season, affecting consumption of polymer resins.

In Vietnam, PP cargoes from China were more readily available, as Chinese suppliers turned to the export market to offload some cargoes amid softening domestic prices.

Buyers were not in a hurry to stock up on spot cargoes amid expectations that spot prices may slide in the weeks ahead.SE Asia PP weak seasonal demand USA China trade tensions

($1 = CNY6.51)

Picture: Sacks of rice in the Philippines. Polypropylene (PP) flat yarn is used in making sacks for grains. (Source: KeystoneUSA-ZUMA/REX/Shutterstock)

By Leanne Tan

Asian petrochemicals market outlook aromatics olefins polymers

Asian petrochemicals market outlook, w/c Jun 25 – Asian petrochemicals market outlook aromatics olefins polymers 

Singapore (Platts)-

Asian petrochemicals market outlook aromatics olefins polymers The Asian petrochemical markets this week will depend on the impact of environmental regulations tightening in China, plant outages and seasonal lull in demand.

The final antidumping duties effective last week, that would last for five years, could have a mixed impact on benzene and styrene moving forward. Meanwhile, turnaround season for methanol and ethylene are expected to buoy prices this week.Asian petrochemicals market outlook aromatics olefins polymers

AROMATICS

For Asian paraxylene, with new shipments from Vietnam and Saudi Arabia due to land in Asia in the weeks ahead, and with major buyers in the market having stayed on the sidelines, the spread between paraxylene and naphtha is expected to remain within the $320-$335/mt range, according to traders. Going into the third quarter, high downstream operating rates amid good margins for purified terephthalic acid makers will ensure that PX demand continues to remain healthy.

China finalized antidumping duties on styrene monomer, effective June 23, for five years, raising duties on imports from US and cutting duties on imports from Taiwan and South Korea. End-users said it was too soon to tell how this would impact the benzene market. For styrene monomer, the higher duties for US-origin styrene implied that it was becoming more difficult to export to China, so US producers would try harder to export to other Asian destinations such as South Korea or Taiwan, market participants said this week. However, despite lower antidumping duty rates, it is unlikely that Korean and Taiwanese exports into China will increase dramatically in the second half of the year, market participants said.

Meanwhile, the CFR Southeast Asia methanol market will continue to experience tight supply and higher offer prices this week, as the region recovers from a slate of plant outages. Malaysia’s Petronas Chemicals experienced an unexpected shutdown at its 1.7 million mt/year No.2 methanol plant at Labuan last Tuesday, and is expected to restart Monday, the company said. Industry sources then expected several more days before full ramp-up of the plant is achieved. The region was already short on supply due to Brunei Methanol Company’s multiple outages recently, and Kaltim Methanol Industri’s low inventories, industry sources said.

OLEFINS

Asian ethylene market would likely remain stable this week. Buyers would likely be on the sidelines amid volatile western crude oil futures. On the other hand, sellers were also reluctant to reduce their offers due to limited spot supplies amid ongoing steam cracker turnaround season. Last Friday, the CFR Northeast Asia price for ethylene was stable, hovering at a 2-month high. Asian petrochemicals market outlook aromatics olefins polymers

Meanwhile, the demand in the Chinese mono ethylene glycol market is expected to remain weak this week amid a looming supply glut. The typical lull in demand season which starts from June and last till August, coupled with the arrival of close to 200,000 mt of imported cargoes at east China ports last Friday, bringing the total east China inventory levels to above 800,000 mt, is expected to weigh on buying interest this week. Asian petrochemicals market outlook aromatics olefins polymers

POLYMERS

Demand for Asian high density polyethylene is expected to pick up in India during September when manufacturing returns, and ahead of festival buying towards end-Q3. Near-term demand for automobile manufacturing, construction and infrastructure should remain high in H2, but growth would be slower.

Meanwhile, for linear low density polyethylene, the tightening environmental regulations in China might lead to closures and consolidations as the smaller and typically less efficient converters are edged out.

–Shermaine Ang, shermaine.ang@spglobal.com

–Edited by Norazlina Juma’at, norazlina.jumaat@spglobal.com

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BP Inks Deal License Latest PTA Technology Xinfengming

BP Inks Deal to License Latest PTA Technology to Xinfengming – BP Inks Deal License Latest PTA Technology Xinfengming

BP Inks Deal License Latest PTA Technology Xinfengming

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BP has inked an agreement with a subsidiary of Xin Feng Ming Group Co., Ltd. (Xinfengming) – Dushan Energy Ltd., – to license BP’s latest generation purified terephthalic acid (“PTA”) technology.

Dushan Energy will build a unit with a capacity of 2.2 million tons per annum at the Dushan Port Economic Development Zone in Pinghu, Zhejiang province. Recently, the company completed the basic design of the PTA unit and commenced construction on the site. The project is scheduled to come online in the third quarter of 2019.

Besides the above agreement, the parties also inked a memorandum of understanding (MoU) to extend strategic cooperation along the polyester raw materials value chain. Xinfengming proposes to employ BP’s technologies for all future PTA and related investments.

The MoU includes Xinfengming’s additional investments in PTA phase II employing BP’s most advanced PTA technologies and related products. Moreover, BP and Xinfengming plan to jointly encourage low-carbon products in China based on the country’s shift toward products with enhanced environmental performance.

The internal comparisons between conventional technology and BP’s latest generation of PTA technology indicate high investment returns, which considerably lower operational and capital costs. BP’s technology has received several government awards from China, courtesy of considerable environmental performance and its popularity since Zhuhai start-up in 2003.BP Inks Deal License Latest PTA Technology Xinfengming

BP’s consistent endeavor to upgrade its technology is witnessed by the introduction of the latest generation PTA technology in Xinfengming’s Zhuhai plant. This reduced GHG emissions by 65%, water discharge by 75% and solid waste disposal by 95% in manufacturing process compared with conventional PTA technology of the 1990s.

The use of the company’s technology is expected to boost the polyester supply chain of Xinfengming.

Price Performance

In the past three months, BP’s shares have gained 13.2% compared with the industry ‘s 8.5% rise.

Zacks Rank & Key Picks

BP currently carries a Zacks Rank #3 (Hold).

A few better-ranked players in the same sector are Occidental Petroleum Corporation OXY and China Petroleum and Chemical Corporation SNP and CVR Refining, LP CVRR .

Occidental Petroleum is an international oil and gas exploration and production company. It pulled off an average positive earnings surprise of 30.2% in the last four quarters.BP Inks Deal License Latest PTA Technology Xinfengming

Sinopec is one of the largest petroleum and petrochemical companies in Asia. The company delivered an average positive earnings surprise of 492.8% in the last four quarters.

Sugar Land, TX-based CVR Refining is an independent downstream energy partnership with refining and associated logistics properties in the Midcontinent United States. The company delivered an average positive earnings surprise of 7.05% in the last four quarters.

Related Topics

-BP says still sees oil at $50-$60/bbl in 2018 as shale output surges – BP expects benchmark oil prices to weaken in the second half of the year as U.S. shale production surges by up to 1.5 million barrels per day – BP crude oil $50 $60 barrel 2018 shale output

-Iran and the oil market – How Iran’s nuclear deal and a host of other factors are forging a new crude reality – Iran Crude Oil market

-Oil output cuts succeeded but future cloudy – There is a danger of Opec, non-Opec members exceeding their vision due to current rally in oil prices, energy expert says – Oil output cuts Opec nonOpec

Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris

Hyosung Features Lifestyle And Sustainable Fabrics With 2020 Textile Trends At Interfeliere Paris Mode City July 7-9, 2018 – Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris 

Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere ParisSEOUL, South Korea  — Hyosung, the global leading textile company with Mipan® nylon, polyester, and creora® spandex, will showcase lifestyle and sustainable fabrics for swimwear, lingerie and activewear including.

  • New range of creora® Color+ dyeable spandex with higher power for deeper, darker colors with better compression in new shapewear, bras  and activewear pants
  • New 30/34 denier mipan® Aqua-X cooling, moisture management nylon with creora® fresh spandex for 24/7 performance in sports bras and shapewear
  • New 20/68 denier MIPAN nylon for sensually soft,  featherweight fabrics for intimates
  • Mipan® Regen recycled nylon with creora® highclo™ super chlorine resistant spandex, ideal for swim to gym longevity
  • New collection of creora® eco-soft with dope dyed modal for loungewear and yoga inspired garments
  • New collection of creora® Fresh for multifunctional base layer and shapewear

“As consumers seek multi-functional, comfortable apparel to support their active lifestyles, we continue to partner with global brands and retailers to provide customized innovation in fibers, fabrics and garments,” shared Mike Simko, Globlal  Marketing Director,. “In addition, with sustainability and increased speed to market a minimum expectation, Hyosung helps customers integrate textile trends and fiber innovation through our new fabric development center to create prototype fabrics and garments.”Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris

Intimate Apparel Trends 2020:

Majestic

Sensational touch comes to the forefront, delivering luxurious appeal with all-embracing applications using creora® spandex. Compact and precise, there is a sense of opulence from the hand feel, as fabrics with different levels of power caress the body. Color is injected to update delicate basics and to create engineered constructions for unrivaled appeal to the consumer. Ethereal knits are so fine, they effortlessly glide and embrace the skin, with powdery touch for a magical, cosmetic feel for all applications.Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris

Next Gen

Today’s consumer wants an enhanced silhouette from shapewear with comfort and high levels performance plus an injection of decorative appeal and color. Shapewear is taking its traditional technology teamed with today’s functional yarns and knitting techniques in creating a next generation offering. Clean cut warp knit and anti-roll circular knits provide a smooth finish as VPL is eliminated.  Shape wear is also reaching to new areas, not just designed to briefs, panties and thigh-slimming, butt-lifting shorts, and new engineered bras, with lift, support, and enhanced comfort by eliminating the traditional underwire.Hyosung Lifestyle Sustainable Fabrics 2020 Textile Trends Interfeliere Paris

Bountiful

With an increase in sports, health and wellbeing, the consumer continues to embark on an array of activities, including high level impact to leisurely weekend wear intimates and essential styles for active lifestyles. The classic sports bra is now reaching a new level of delivery, as traditional lingerie techniques merge with performance fibers and fabrics. Pulling from the activewear sector, these yarns deliver moisture management, UV protection, quick dry and superb fit plus comfort level from creora® Fresh anti-odor spandex.

Swimwear trends 2020:

INFINITY

Longevity drives the pro and fitness swimwear market, where creora® highclo™ is the essential super chlorine resistant spandex/elastane. Lightweight circular and warp knits with perfect compact surfaces reduce drag in the water and enhance the swimmer’s performance.  A high level of technicity features, as the fabrics proposed withstand the rigor of pushing through, instead effortlessly glide during swimming. Fabric weights are light, literally second skin in application for an unlimited experience.

HORIZON

A natural inspiration defines this direction, as a natural touch through to nature’s sensational colors feature. Warp and circular knit fabrics reach new levels of touch in matte and bright results. Fabrics take on a patina, subtly glazed with wet look and calendared finishes. Micro brushed surfaces and air textured yarns deliver a strong tactile appeal, subtly sueded through to liquid-like ethereal hands. The natural nuance of this direction leads to a strong sustainable appeal, with recycled REGEN polyester and creora® highclo pushing an eco angle

SOUL

In homage to the great outdoors, this direction takes on a superbly strong sustainable issue with Mipan regen recycled nylon and Regen recycled polyester with creora spandex. Swimwear features, but this direction is also about the lifestyle experience. The Millennials, eco conscious to the core, want the best they can get to pursue their activities and expect their brands to deliver on a sustainable level. Enjoying ocean pursuits from surfing to supping, the cross over appeal of this direction should be noted in active living collections, as coordinated collections feature, featuring cellulosic that require creora® eco-soft low heat settable spandex that saves energy in production.

Source: Hyosung Corporation

Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis

Recycled Polyethylene Terephthalate (Pet) Market Growth Forecast Analysis by Manufacturers, Regions, Type and Application to 2025 – Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis 

Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis Recycled Polyethylene Terephthalate (Pet) Market Research Report 2018 examines the market dynamics, competitive landscape and discusses major trends. The report offers the most up-to-date industry data on the actual and potential Recycled Polyethylene Terephthalate (Pet) market situation, and future outlook. The research includes historic data from 2012 to 2018 and forecasts until 2025.

Recycled Polyethylene Terephthalate (Pet) Market competition bytop manufacturers/players,with Recycled Polyethylene Terephthalate (Pet) sales volume, Price (USD/Unit), revenue (Million USD) and market share for each manufacturer/player; the top players including:Placon, Clear Path Recycling, Verdeco Recycling, Indorama Ventures Public, M.G. Chemicals, PolyQuest, Evergreen Plastics, Libolon, Zhejiang Anshun Pettechs Fiber Co. Ltd, Haiyan Haili Green Fiber Co., Ltd.

Synopsis-

This report offers detailed analysis of the Recycled Polyethylene Terephthalate (Pet) market size forecasts covering the next five years. This report will also analyze factors that influence demand for the industry, key market trends, and challenges faced by industry participants.Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis

On the basis on theend users/applications, Recycled Polyethylene Terephthalate (Pet) market report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including:Fiber, Sheet and film, Strapping, Containers Bottle, Others.

On the basis of Product, Recycled Polyethylene Terephthalate (Pet) market report displays the production, revenue, price, market share and growth rate of each type: Clear, Colored.

Scope of the Recycled Polyethylene Terephthalate (Pet) Market report is as follows:

  • To define and segment the market for Recycled Polyethylene Terephthalate (Pet)
  • To analyse and forecast the Recycled Polyethylene Terephthalate (Pet) market size share of Recycled Polyethylene Terephthalate (Pet), in terms of value and volume ($)
  • Raw Material Supply and Downstream Consumer Information are provided in Recycled Polyethylene Terephthalate (Pet) Industry report.
  • Market forecasts from2018-2025, including market volumes, Value ($), Consumption is provided by regions, by types, and by applications.

Some of the Key Questions Answered in this Report:

  • What will be the marketgrowth rate of Recycled Polyethylene Terephthalate (Pet) in 2025?
  • What are thekey factors driving the Recycled Polyethylene Terephthalate (Pet) market?
  • Who are theKey Vendors in this Recycled Polyethylene Terephthalate (Pet) Industry? What tactical creativities are Key Vendors pursuing for growth of the Recycled Polyethylene Terephthalate (Pet) market?
  • What are the opportunities, risk of the Recycled Polyethylene Terephthalate (Pet) Industry?
  • What are sales, revenue, and price analysis by regions of Recycled Polyethylene Terephthalate (Pet) market?

Recycled Polyethylene Terephthalate (Pet) Industry report also covers all the regions and countries of the world, which shows a regional development status.Region Segmentation:

  • North America(United States, Canada and Mexico)
  • Europe(Germany, UK, France, Italy, Russia, Spain and Benelux)
  • Asia Pacific(China, Japan, India, Southeast Asia and Australia)
  • Latin America(Brazil, Argentina and Colombia)
  • Middle East and Africa

Finally, the feasibility of new investment projects is assessed, and overall research conclusions are offered.Recycled Polyethylene Terephthalate Pet Market Growth Forecast Analysis

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-Starlinger: 300th Conversion Line For AD*STAR Block Bottom Valve Sacks – The production of robust sacks is not only based on high-quality polypropylene fabric made from woven tapes, but also on precise sack conversion – Starlinger Conversion Line ADSTAR Block Bottom Valve Sacks

-Starlinger to display award-nominated plastic technology at NPE – Starlinger plastic technology NPE –

Avfuel agreement Gevo sustainable fuels sustainability climate change

Avfuel enters agreement with Gevo on sustainable fuels – Avfuel agreement Gevo sustainable fuels sustainability climate change

Avfuel agreement Gevo sustainable fuels sustainability climate changeAvfuel has progressed its sustainable fuels initiative by entering an agreement with next generation biofuels company Gevo, effective from July 1, 2018.

With the agreement, Avfuel becomes Gevo’s exclusive aviation fuel distributor of the sustainable alternative jet fuel (SAJF) portion of Gevo’s renewable hydrocarbon products to business aviation and its entire portfolio of customers.

Craig Sincock, owner, president and CEO of Avfuel, said, “As a leader in the global supply of aviation fuel and services, we have a social responsibility to make sustainable alternative jet fuel a reality in the marketplace.

“Our agreement with Gevo is a notable component in our overall strategy to support our industry’s commitment to reduce carbon emissions and enhance sustainability to mitigate its effect on climate change.”Avfuel agreement Gevo sustainable fuels sustainability climate change

For Gevo, the agreement is an important step in its efforts to develop a large-scale hydrocarbon facility that is expected to have production capacity of approximately 10-12 million gallons per year, from which SAJF would be supplied to Avfuel.

Patrick Gruber, CEO at Gevo, said, “We are pleased to have a customer and partner like Avfuel. Avfuel has tremendous reach with 650-plus Avfuel-branded locations and 3,000-plus fueling locations worldwide. We appreciate its vision and leadership in working with us to bring a friendlier and more sustainable fuel to the market place.”

Written by Kirstie Pickering

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Spot domestic prices PP polypropylene China far stable

Spot prices of PP in China are so far stable – Spot domestic prices PP polypropylene China far stable

Spot domestic prices PP polypropylene China far stableMOSCOW – Spot domestic prices for polypropylene (PP) in China remain stable, but may fall in the near future amid falling futures, ICIS reports citing market participants.

Spot offers on June 25 continued to be at the level of CNY8950-9050 per ton (USD1,375-1,390 per tonne), while prices in the futures market remained on a downward trend due to weak demand.

According to ICIS, on June 22, the price of Chinese PP for yarns and fibers in eastern China was CNY9025 per tonne, down by CNY290 per tonne or 1% compared to June 12.Spot domestic prices PP polypropylene China far stable

While the contract price of PP futures for September 2018 was agreed at CNY8,980 per tonne, which is 4% lower than the same time a year earlier against a background of weak demand.

According to the Price Review of ICIS-MRC , in Russia the demand for polypropylene by the second half of the month has noticeably decreased, many companies have already closed all their transactions and paused. On Monday, negotiations for the July deliveries of the Russian PP begin.

mrcplast.ru

Author:                Anna Larionova

Tags:     PP , PP-block , PP-homo , PP-Random , China , Russia .

Category:            General news

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Turkey polymers demand revival dependant on political, monetary stability post-election -Turkish polymers players are hoping demand will pick up after the 24 June election following a recovery in the lira’s exchange rate against the dollar, but new capacities in the US and potential new sanctions on Iran may yet disrupt further trade of polyethylene (PE) and polypropylene (PP) in the country – Turkey polymers demand monetary stability

CSPC will open MEG plant China late June

CSPC will open a new MEG plant in China in late June – CSPC will open MEG plant China late June

CSPC will open MEG plant China late JuneMOSCOW – China’s CNOOC and Shell Petrochemicals Co (CSPC), a joint venture between CNOOC and Shell, intends to put into operation a new plant to produce monoethylene glycol (ME) at the petrochemical complex in Huizhou, China, in late June Monday told ICIS a source close to the company.

The capacity of the new enterprise will be 400 thousand tons of MEG per year.

According to the source, a new (second) cracker installed at this site with a capacity of 1.2 million tons of ethylene per year began work 24 of this year.

The existing MEG plant of the same capacity is currently loaded by 100%, the source added.

The following plants are already operating at the new complex in Huizhou: low-density polyethylene (HDPE) with a capacity of 400,000 tons, linear polyethylene (LLDPE) with a capacity of 300,000 tons and butadiene with a capacity of 180,000 tons.

MEG along with terephthalic acid (TPA) is one of the main components for the production of polyethylene terephthalate (PET).

According to ScanMap of the company MRC, due to the increased demand for the material on the domestic market of Russia, in April the supplies of Russian PET to foreign markets declined. For four months of the current year, the export of PET-granulate amounted to 24.81 thousand tons against 13.98 thousand tons last year. The volume of exports is traditionally fully attributable to the granulated Alco-Nafta. Imported supplies of PET to the Russian market in January-April 2018 decreased by 9% and amounted to 12.81 thousand tons. A year earlier this figure was 14.03 thousand tons.

CNOOC and Shell Petrochemicals Company Limited (CSPC) was established in late 2000. The company operates a world-class petrochemical complex in Huizhou, Guangdong Province. The partners in the joint venture are Shell Nanhai BV., Which is part of the Royal Dutch Shell Group, with 50% shares, and CNOOC Petrochemicals Investment Limited (CPIL) also with a 50% interest. CPIL is owned by China National Offshore Oil Corporation (CNOOC) (90%) and Guangdong Guangye Investment Group Company Limited (10%).

Being an integrated petrochemical complex, the main CSPC facilities include 11 processing plants, and the center of the complex is a cracking plant with a capacity of 950,000 tons of ethylene and 500,000 tons of propylene per year. In total, the complex annually produces about 2.7 million tons of derivatives of ethylene and propylene petrochemical products.

mrcplast.ru

Author:                Margarita Volkova

official said Wednesday.

The lower July ACP nomination reflects the short term supply and demand situation in the market, the source added. MEG was last assessed at $915/mt CFR China Tuesday, up $15/mt from Monday.

–Serena Seng, serena.seng@spglobal.com

–Edited by Pankti Mehta, pankti.mehta@spglobal.com

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-Asia MEG to see demand tapering, lower supply in early H2 – The Asian monoethylene glycol (MEG) market could see demand slowing down from the end of June while supply will be reduced from a number of plant turnarounds – Asia MEG demand tapering

-Sinopec lowered the May prices of MEG in East China by CNY700 per tonne – China China Petroleum & Chemical Corp. (Sinopec), Asia’s largest oil refining company, May 3, lowered the selling price of monoethylene glycol (MEG) in eastern China by 700 yuan (CNY) or USD110 per tonne against a downtrend in the spot market – Sinopec May prices MEG East China

Viridor major works retailers circular economy solution black plastic

Viridor works with major retailers on circular economy solution to black plastic…Viridor major works retailers circular economy solution black plastic  

Viridor major works retailers circular economy solution black plastic  

Viridor has joined forces with three major UK retailers – Marks & Spencer, Tesco and Sainsbury’s – and food packaging manufacturer Faerch Plast to put recycled black plastic into new food grade packaging in a project welcomed by Environment Secretary Michael Gove.

The result is a circular economy solution to a previously challenging material which will initially see 120 tonnes of black plastic (eight million items) recycled each month starting in July.

The volume of material will be steadily increased over the next 18 months with Viridor’s specialist plastics recycling facility at Rochester in Kent becoming a centre of excellence for the initiative. Viridor major works retailers circular economy solution black plastic

Mr Gove, who said: “This global leading scheme has the potential to mean the UK exports less of its waste, could divert huge amounts of plastic away from landfill and prevent virgin plastic entering the market in the first place.”

Viridor’s Commercial Director Paul Ringham said the collaboration was evidence of the goals of the UK Plastics Pact – of which the company was a founding signatory – being put into action to achieve the real change the public had been calling for.

The Pact sets out clear UK ambitions for a more responsible and resource-efficient approach to plastics by all sectors and provides the framework for collaborative action.

He said: “The project team, working together since January, has proven that black plastic from household mixed recycling can be recycled into high quality mixed coloured ‘jazz’ flakes to create food grade packaging.

“The breakthrough took place at two Viridor facilities, the plastics recycling facility at Rochester, which is one of the most advanced optical sorting facilities in the UK, and the polymers reprocessing plant at Skelmersdale in Lancashire which takes recycled plastic and creates flakes and pellets to be used in the manufacturing process.”

From next month, Viridor will start putting this material through the new process, adding black plastic to the coloured plastic stream already recycled, and it will be used in new packaging for M&S, Sainsbury’s and Tesco products.

Paul said the key to project was the collaboration across supply chain, with the retailers creating the sustained demand for the recycled material and the innovative packaging provided by Faerch Plast.

He said: “The project has proved a commercial process which can be extended across the UK .Viridor major works retailers circular economy solution black plastic

“The more plastic collected, the more is made available to be recycled and put back into the circular economy. In this way, we all contribute to reducing the amount of virgin plastic entering the economy.”

Related Topics

-UK businesses offered £4m for innovative plastic recycling projects…UK businesses £4m innovative plastic recycling projects 

-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

-Testing ‘recyclability’ with an eye on sorting systems – Testing protocols developed by the Association of Plastic Recyclers give brand owners the chance to prove their plastic packaging can be correctly sorted at materials recovery facilities – Testing recyclability sorting systems

174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment

174,000 Tonnes of Plastic Packaging Lost Annually in Kenyan Environment …174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment 

A new report finds that 260,000 tonnes of plastic packaging enters Kenya each year, and of that an estimated 174,000 tonnes are left in the environment or dumped illegally.

The report, ‘Plastic Packaging Waste Flow in Kenya’ – commissioned by the Danish Environmental Protection Agency and delivered by Eunomia Research and Consulting in partnership with Capital Operating Partners – also found that around 48,000 tonnes are sent to landfill and 37,000 tonnes are sent for recycling. These figures result in an estimated recycling rate of 15 per cent – placing Kenya at a similar level to countries in the Western Balkans, where materials for recycling are mainly collected by waste pickers.

The report comes almost a year after Kenya introduced a ban on carrier bags in August of last year after research revealed that around 100 million plastic bags were handed out annually in supermarkets alone, with many ending up in the natural environment. It followed in the footsteps of other African countries such as Rwanda, Mauritania and Eritrea and was seen as one of the toughest in the world, with culprits found selling or producing bags facing a potential fine of up to four million Kenya shillings (£30,000) or up to four years in jail.

174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment

For Eunomia’s report, because no accurate data was available from existing sources researchers had to meet with industry stakeholders, including Kenyan plastics recycling companies, in order to carry out surveys identifying how much packaging makes it onto the market annually and how much of that is recycled.

The report makes estimates based on the consumption of plastic packaging using national statistics for manufacturing, trade and production, as well as relying on responses to their surveys and questionnaires. Because plastic has a short life-cycle, it is generally accepted that annual consumption is equal to annual waste generation.

Principal Consultant at Eunomia and report author Tim Elliott said: “Kenya is making good progress when it comes to tackling plastic pollution. Having already introduced a carrier bag ban, the country is now taking steps to understand how to manage other types of plastic as a useful resource. It’s looking first to understand what’s out there, before then starting to improve the management of what’s there.

“There are still, however, massive quantities of unmanaged waste, with huge numbers of illegal waste sites, and widespread littering, so there’s lots more to be done. Now could be the time to raise awareness around other problematic single use plastics and to explore the role extended producer responsibility can play in holding businesses accountable for managing packaging waste, and improving its recyclability.

“We hope this research is a good step towards Kenya developing a credible strategy towards managing plastics and other wastes.”

One of the key reasons for the loss of waste into the environment in Kenya, as with many developing countries, is the lack of waste management infrastructure and a lack of education regarding waste disposal. Indeed, research suggests that there are approximately three billion people in the world lacking access to decent waste management services.

One of the more influential charities seeking to improve waste management is WasteAid UK, an independent charity with partners in Kenya, Ghana, Nigeria and Cameroon that has been developing the concept of waste livelihoods centres, where communities are shown replicable techniques for reducing waste and adopting a more circular approach to waste. This approach helps individuals and groups set up their own waste reprocessing businesses in order to create value chains for materials and encouraging people to separate materials at source.

In March this year, the charity also called for the UK Government to increase overseas spending on waste management projects after releasing a report with the Chartered Institute of Wastes Management (CIWM), which found that plastic in the world’s oceans is inextricably linked to poor waste management in developing countries. Indeed, research from the Helmholtz Centre for Environmental Research in October 2017 revealed that 88 to 92 per cent of all plastic entering the marine environment comes from ten rivers in Africa and Asia.

The report ‘Plastic Packaging Waste Flow in Kenya’ can be read in full on Eunomia’s website.

174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment174,000 Tonnes Plastic Packaging Lost Annually Kenyan Environment

Related Topics

UK businesses £4m innovative plastic recycling projects

UK businesses offered £4m for innovative plastic recycling projects…UK businesses £4m innovative plastic recycling projects 

UK businesses £4m innovative plastic recycling projects The UK government has announced £4m funding for businesses to support innovative ideas to reduce persistent plastic waste in the environment through new alternatives.

There is up to £4 million for innovative business projects that look at ways of reducing plastic waste through new polymers, processes, designs, recycling regimes and use of biodegradable alternatives.

The funding is provided by UK Research and Innovation and delivered by Innovate UK. This competition forms part of the £20 million package of the Plastics and Research Innovation Fund.

Tackling the plastic problem

There is growing concern about the amount of plastic waste in the environment and its impact on wildlife and the wider eco-system.

The amount of plastic waste produced is growing fast. It was reported that in 2016, 1.5 million tons of plastic was produced globally. This is set to double by 2034.

As recent as 2014, it was found that less than a third of Europe’s plastic waste was recycled, with another third ending up in landfill. The remaining third was sent to energy recovery facilities.

Projects should improve recycling

The competition is seeking ‘circular economy’ approaches to plastic use that could include:

developing new polymer materials

new product designs

new recycling processes

increasing the value of recycled polymer

innovations that encourage people to change behaviour and reduce plastic waste

Projects could also look at new business models or at approaches focused on compostable or biodegradable materials.

Source: Company Press Release

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China Sinopec June paraxylene contract price

China’s Sinopec settles June paraxylene contract price at Yuan 7,460/mt, down Yuan 290/mt from May …China Sinopec June paraxylene contract price  

Singapore (Platts)-

China Sinopec June paraxylene contract price State-owned China Petroleum and Chemical Corp, or Sinopec, has settled its June paraxylene contract price at Yuan 7,460/mt, equating to about $974.40/mt on an import parity basis, sources close to the matter said Friday.

The June settlement is down Yuan 290/mt from the May settlement.

The lower settlement price reflects falls in the Platts CFR Taiwan/China marker as well, with the marker last assessed at $946.67/mt on June 21, the lowest since April 9, coinciding with the onset of a gradual lengthening of supply in what some traders have described as “slowly becoming a buyer’s market.”

–Rohan Menon, rohan.menon@spglobal.com

–Edited by Irene Tang, irene.tang@spglobal.com

China Sinopec June paraxylene contract price

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-Asian PX-MX spread hits 8-month low amid firm isomer-MX, sluggish PX – The spread between paraxylene and feedstock isomer-grade mixed xylene in Asia has reached its lowest level in eight months due to increased demand for MX for gasoline blending and sluggish PX demand – Asian PX MX spread sluggish PX

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Lenzing Duratex Brazil wood pulp plant

Austria’s Lenzing and Brazil’s Duratex to build $1 bln… Lenzing Duratex Brazil wood pulp plant

By Kirsti Knolle

Lenzing Duratex Brazil wood pulp plantVIENNA,– Austrian cellulose fibres producer Lenzing and Brazilian wood panels maker Duratex plan to build a $1 billion dissolving wood pulp plant in Brazil, the companies said.

Lenzing specialises in fibres made from wood and pulp, meeting increasing demand from the fashion industry for alternative textiles to cotton. It will hold 51 percent in a venture with Duratex that will operate the mill in the state of Minas Gerais, close to Sao Paulo, it said.

The decision for the new Brazilian plant (Lenzing Duratex Brazil wood pulp plant) is in line with Lenzing’s strategy of expanding its international footprint and moving its cost base closer to where it makes revenues, Chief Executive Stefan Doboczky said in an investor call on Friday.

“We make a substantial contribution to the strategic goals of Lenzing, not only growing the company but also growing its EBITDA (core earnings).”

In 2017, Lenzing posted earnings before interest, tax, depreciation and amortisation (EBITDA) of 503 million euros ($587 million).

Duratex, which will bring its forest assets to the joint venture, expects the project to reduce its exposure to the domestic market and civil construction, it said in a presentation on its website. The Brazilian group reported revenues of 4 billion Brazilian Real ($1.1 billion) in 2017.

Both companies’ investors welcomed the news, with Duratex shares jumping as much as 9 percent and Lenzing’s as much as 5.2 percent.

“We continue to believe that the market is not giving Lenzing’s unique innovation drive and leadership position in man-made specialty fiber the value it deserves and see the company … as strongly undervalued,” said Baader Helvea analyst Laura Lopez Pineda in a note to clients.

All conceptual work for the 450,000 tons dissolving wood pulp (DWP) plant has been done and approval processes are about to start, said Doboczky. The final investment decision for the largest single line DWP plant in the world is expected in the second half next year, with ramp-up in 2022, he said.

An area of 43,000 hectares in Brazil’s Triângulo Mineiro region will provide biomass for production, according to Duratex.

The investment of “somewhat above $1 billion” will be divided according to the joint venture split, the Austrian group’s CEO said.

About 60 percent is planned to be financed by debt and 40 percent by equity, said Lenzing finance chief Thomas Obendrauf.

($1 = 0.8576 euros)

($1 = 3.7633 reais) (Reporting by Kirsti Knolle; Editing by David Evans and Mark Potter)

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-Lenzing starts production of its EcoVero fibres in China – Austrian cellulose fibre producer Lenzing Group announced in a press release on Tuesday that it is introducing the eco-responsible process for the production of its Lenzing branded viscose fibers also at its Chinese location Lenzing Nanjing Fibers (LNF) – Lenzing production EcoVero fibres China

-Lenzing Papier Completes Earthcoating ™ Commercial Recycling Pilot Production – Lenzing Papier Earthcoating Recycling Pilot Production

-Lenzing Enters New Phase With Launch Of TENCEL™ As Lenzing’s Flagship Brand For Textile – The Lenzing Group (Lenzing) today redefined TENCEL™, as its textile premium brand at Première Vision Paris – Lenzing TENCE Brand Textile

Arvind Invista present innovative denims

Arvind and Invista present innovative denims of the future
Arvind Invista present innovative denims
Aamir Akhtar (centre), CEO, Denims, Arvind Limited at ‘Denim for Good’ 2018 event presenting innovative denims of the future. Courtesy: Arvind

Arvind Ltd, an India-based $1.7 billion textile to retail conglomerate, along with Invista, one of the world’s largest integrated fibre producers, showcased future innovations in the denim segment at the first edition of ‘Denim for Good’ show in Bangalore. The event provided glimpse into Arvind’s Project Indigo Life representing an indigo inspired lifestyle.Project Indigo Life is Arvind’s new extension from ‘Denim to Knit’ category, representing an indigo inspired lifestyle.

Arvind and Invista have been synonymous in the industry for bringing out innovative technologies for the consumers. Invista’s trademark Lycra, introduced innovative products such as T400 eco made and Coolmax eco made. All Arvind stretch denims are powered by Lycra fibre and other Invista specialty products like Coolmax core, Coolmax All Season technology, LycradualFX technology and Lycra Beauty. These products with their strong performance properties provide a set of unique comfort and durability to the garments.

A pioneer of the denim revolution in India, Arvind has introduced many firsts in the denim industry including various IP led designs and technologies. ‘Denim for Good’ featured the latest lines of Arvind’s brands such as Boomerang, Boomerang 360, Boomerang Bounce, Azurite, and Hybrid Chinos to name a few.

Arvind Denim Lab (ADL), a world class experience centre providing the services of co-creation, innovation, trendservices and marketing communications for its partners, presented wash trend collection. The wash trend collection has been developed at ADL using the eco-friendliest technologies and processes. The exclusive collection was established by Arvind’s wash consultants Giovanni and Andrea who come from the famed Italian laundry Martelli.

The occasion gave special emphasis to sustainability by displaying major denim categories by Arvind designed and manufactured to ensure minimum impact to the environment and society.

The Arvind’s green line denim fabric brands included the award-winning khadi denim, Ikat denim, zero denim, natural fibres like wool and linen, Renaissance (post-consumer waste denims) to name a few among others. Renowned for introducing innovative products in the Indian denim market for years, Arvind created a visually stimulating Indigo Art Centre that gave visitors a sneak peek into their vision of ‘Indigo inspired lifestyle’.

“At Arvind, we are constantly innovating with eco-friendly technologies and processes to design products that have strong performance properties with a unique set of comfort and durability—a deeply desired feature by the end consumers. Project Indigo Life is an exciting new extension from denim to a new category representing an indigo inspired lifestyle from Arvind—the masters of indigo in India. The category will marry comfort and performance with indigo aesthetics, while aligning with sportswear and athleisure flavor,” said Aamir Akhtar, CEO, Denims, Arvind Ltd.

The event concluded with a panel discussion on ‘How to make ethical fashion mainstream’. This was followed by a runway show that highlighted the latest denim trends developed under Arvind Denim Lab using a mix of sustainable processes. (RKS)

Fibre2Fashion News Desk – India

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-Lenzing continues to invest in Modal – Lenzing Modal cellulose fibres

NOVA $1 bil Dow Alberta cracker dispute

NOVA $1 bil Dow Alberta cracker dispute

NOVA vows to appeal $1 bil judgment for Dow in Alberta cracker dispute

Houston (Platts)-

NOVA $1 bil Dow Alberta cracker disputeA Canadian court ruled this week that Canada’s NOVA Chemicals owes Dow Chemical more than $1 billion for failing to run their joint venture 1.3 million mt/year steam cracker in Alberta at full rates and deliver Dow its share of ethylene over more than a decade.

NOVA said it would appeal the ruling within a month.

Justice B.E. Romaine of the Court of Queen’s Bench in Alberta sided with Dow’s argument that from 2001 to 2012, NOVA took some ethylene and other products produced by the plant that were due to Dow for its own use and failed to run the cracker at full rates as required by joint venture agreements. The judge ordered NOVA to pay Dow $1.06 billion, and potentially more for actions beyond 2012.

“Nova was contractually required to run the co-owned ethylene facility at full productive capability and to provide Dow its 50% share of ethylene and co-product production,” Dow’s lead trial lawyer Blair Yorke-Slader said in a statement. “The Court has ruled that Nova breached its obligations, resulting in reduced productivity and reduced sales of Dow’s downstream derivatives for more than 10 years.”

He said Dow looks forward to the restoration of the cracker’s full rates and the company’s access to its share of ethylene.NOVA $1 bil Dow Alberta cracker dispute

NOVA said in a statement it was “extremely disappointed” with the ruling and noted it would have no impact on its growth plans. These include a 350,000 mt/year expansion of its 816,466 mt/year cracker in Corunna, Ontario, and a 625,000 mt/year polyethylene joint venture with France’s Total and Austria’s Borealis.

NOVA said potential payouts for the period beyond 2012 will be determined later by the court, and it does not expect that issue to be resolved before mid- to late 2019.

Romaine dismissed NOVA’s counterclaim in the dispute. NOVA had argued that an ethane shortage justified its practice of allocating ethane among three crackers at the Joffre complex, and that Dow knew about it and did not object. NOVA argued further that it operated the joint venture cracker at rates as high as the plant was capable of amid mechanical issues that constrained its output.

The judge said Dow sufficiently demonstrated at trial that there was no ethane shortage and that the cracker could have run at higher rates than NOVA claimed.

–Kristen Hays, kristen.hays@spglobal.com

–Edited by Wendy Wells, wendy.wells@spglobal.com

Related Topics

USHydrations New PET line bottled water blow fill

New PET line for blow/fill ..USHydrations New PET line bottled water blow fill

USHydrations recently acquired a complete PET line for bottled water in their company’s headquarters plant in Pittston, PA.
     

USHydrations New PET line bottled water blow fill

Installation of the line, featuring a Matrix™ Combi from Sidel, began in April 2018 and it will be able to bottle soft drinks and water, both still and carbonated, at a speed of 36,000 bottles per hour.

Technology, innovation, and services support capabilities in the North American region, combined with the global expertise of the Sidel Group, were the driving factors for this premium beverage manufacturer to select Sidel as their equipment supplier.

Founded in 1996,USHydrations operates in the premium beverage category and produces over a million bottles a day. Their facility in Pittston has easy access to several major interstates and many large distribution centers. This lets the firm reach 100 million consumers in the area while allowing for reduced shipping costs to Eastern U.S. locations.

A key factor behind the success of a premium brand is its price positioning when compared to mainstream offerings. The added benefit offered by a top brand must be immediately recognized by the end consumer, be it superior taste, more attractive packaging, or simply its origins from a safe source. The last one is certainly the case for USHydrations, which leverages natural springs from the pristine mountains of Pennsylvania.

Prashant Shitut, USHydrations’ President and CEO, explains what convinced him to choose Sidel for their most recent complete PET line: “What attracted us to the Sidel Group was their reputation, innovative technology, and flexible solutions, combined with the strong service support in North America.”

To support this global contract manufacturer, the Sidel Group supplied a complete line solution as well as a data management system to measure the performance of the line and help identify causes of downtime, which will ultimately maintain or increase the uptime. The complete line offers full flexibility and is able to bottle different formats, bottle designs, and products, such as water and carbonated beverages. The Sidel Group offered an optimal and ergonomic line design with a reduced footprint adapted to USHydrations’ needs.

Prashant Shitut continues: “More and more, beverage brands are looking for extensive packaging options. They require solutions able to handle single and multi-pack configurations for greater versatility. Sidel’s complete line will clearly allow us to tackle this opportunity in a very efficient way.”

Fabien Charbonnier is the Sidel Account Manager North America, and as such handles the business relationship with this customer. He comments: “It is particularly pleasing to help the company grow and prosper in pursuit of its business ambitions. By providing the advantage of a low total cost of ownership, flexible packaging capabilities, and global expertise, our solutions are perfectly established to support USHydrations on its journey.”

The President and CEO of USHydrations concludes: “The last few years have been fantastic for the company, from a financial and operational perspective. In 2019, the plan is to produce around two million bottles a day, and Sidel will help us accomplish this mission.”

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-Sidel launches EvoDECO labelling solution for faster product and format change-overs -Sidel has launched the EvoDECO labelling solution for faster product and format change-overs, using the same equipment for different label types – Sidel EvoDECO labelling solution

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-Sidel’s Preform Feeder Ensures Easy and Safe Operations – Sidel EasyFEED™ is an innovative, compact and safe ground-level preform feeder for PET production lines. – Sidel Preform Easy Safe Operations

USHydrations New PET line bottled water blow fill  USHydrations New PET line bottled water blow fill  USHydrations New PET line bottled water blow fill  USHydrations New PET line bottled water blow fill  USHydrations New PET line bottled water blow fill

$60 barrel ideal oil price India Hindustan Petroleum

The decision by Opec came after major consumers like the United States, China and India urged the oil producing lobby to raise the supply of crude oil to avert an oil deficit

Shine Jacob   New Delhi

$60 barrel ideal oil price India Hindustan Petroleum

HPCL CMD M K Surana

On a day the Organization of the Petroleum Exporting Countries (Opec) and its allies declared a modest increase in production, state-run (HPCL) indicated on Saturday though the move would stabilise prices, as a consumer would like to see a further rise in supply to the market.

M K Surana, chairman and managing director, HPCL, told Business Standard that $60 a barrel would be the ideal crude for as it would bring investments to the upstream sector. “For India, it will be good to have a lower price regime. The current move will stabilise the market. But a difference of opinion among players has led to speculations in the market,” Surana said.

The decision by came after major consumers like the US, China and urged the lobby to raise the supply of crude oil to avert a deficit. On Saturday, major producers outside Opec, including Mexico and Kazakhstan, met ministers from the cartel and endorsed a nominal output increase of 1 million barrels a day, said Ecuador’s Minister of Hydrocarbons Carlos Perez. In real terms, that would add 600,000 to 700,000 barrels a day of crude to the market over six months.

Friday’s agreement was a fudge in the time-honoured tradition of the group, committing to boost output without saying which countries would increase or by how much. “Earlier, the cut in production was more than the mandated because of a decline in production in countries like Venezuela. It is not clear whether the 1 million bpd increase is from the current level or from the level decided earlier,” Surana said. $60 barrel ideal oil price India Hindustan Petroleum

With inputs from Bloomberg

Related Topics

Crude oil production : OPEC Considers Ramping Up

Global oil demand near 100m bbl/day for first time – API

Adient Detroit move headquarters downtown

Adient backs out of Detroit move: Why it’s not a big deal anymore ..Adient Detroit move headquarters downtown

Adient Detroit move headquarters downtown
The Marquette Building where Adient had planned to move its headquarters, as photographed on November 30, 2016.
Romain Blanquart, Detroit Free Press

It’s a healthy sign of how far greater downtown Detroit has come in a few short years that the collapse of Adient’s plans to move its headquarters downtown elicited reactions ranging from disappointment to “meh.”

Adient, a major auto supplier, had announced in late 2016 that it would move its headquarters to Detroit in what was considered a major plus for the rapidly redeveloping downtown. For the past year or so construction work on the historic Marquette Building that Adient purchased has been under way.

But now we know that the seating supplier, which suffered a big loss in its second quarter financial results, was having second thoughts over the costs of renovating the Marquette Building across from Cobo Center. On Monday, it said it would stay in Plymouth and sell the Marquette Building to someone else.

A disappointment, for sure. But with Ford formally launching its historic renovation of the Michigan Central Station on Tuesday and dozens of other projects large and small in the works, the reaction to the Adient announcement barely registered beyond ho-hum.

More: Auto supplier Adient cancels move to downtown Detroit. Here’s why.

More: Former GM CEO Fritz Henderson returns to Detroit to run supplier Adient

It wasn’t always so. Back in 2004, the first deal to renovate the derelict and long-vacant Book-Cadillac Hotel fell apart. Kimberly-Clark, the Dallas-based corporation that had planned to do the renovations, cited rising costs and lower revenue estimates that made the deal impossible to pursue.Adient Detroit move headquarters downtown

Then-Mayor Kwame Kilpatrick and his “deal team” had touted the Kimberly-Clark renovation plan as a major sign of Detroit’s comeback. It was one of the few bright spots during the years leading up to Detroit’s bankruptcy filing in 2013. It came long before businessman Dan Gilbert moved his Quicken Loans downtown in 2010.

So when that first Book Cadillac deal fell through, it ranked as a bummer of epic proportions. Fortunately, Cleveland-based developer John Ferchill stepped in and reopened the hotel as the upscale Westin Book Cadillac in 2008. But the gloom in 2004 when the first deal collapsed was all too real.

Not so today when the Adient deal fell apart. There’s just too much happening in the greater downtown to weep too loudly when one deal, even a big one, falls through.

Now, of course it would be great to have Adient move its headquarters and hundreds of well-paid staffers to the heart of downtown. Losing Adient is not a small thing.

But neither is it the thunderclap of disappointment that the first Book Cadillac deal collapse delivered in 2004.

Sue Mosey, director of the nonprofit Midtown Detroit Inc., a group that has done so much to promote progress in the Midtown area, keeps a map of current and in-planning developments. The map shows — wait for it —  101 individual projects.

Those range from big ones like the Wayne State University’s Mike Ilitch School of Business just north of LIttle Caesars Arena and the 400-plus-unit City Modern residential and retail project in Brush Park to a roster of brewpubs and restaurants and residential work.Adient Detroit move headquarters downtown

The reality of this great volume of rebuilding may not have sunk in yet for metro Detroiters. People may focus just on the biggest deals like the new arena or Ford’s plans for the Michigan Central Station and overlook the rest.

But take a walk or drive from downtown up along Cass or Second or John R all the way to New Center and north and you’ll see dozens of examples of redevelopment work — cranes against the skyline, scaffolding surrounding buildings under renovation, hard-hatted workers and heavy equipment on multiple sites.

Against that backdrop, it seemed not at all over-optimistic when Adient promised to work with Mayor Mike Duggan’s office to sell the Marquette Buildings to a new owner “who also appreciates the historic significance of the building.”

And it was perfectly reasonable when Mayor Mike Duggan said in a statement, “I expect it to be a great headquarters building for another company wanting to relocate to Detroit.”

The site, steps from so many downtown attractions downtown, is too promising to stay  on the market for very long. In today’s hot downtown office market, it seems likely a new buyer will emerge fairly soon.Adient Detroit move headquarters downtown

An interesting question is what a new owner would do with the building. There is demand just now for both residential and office space downtown. The going rate for both has been rising sharply. A new owner could go in either direction and do well.

But that’s still to come. For now, let’s just acknowledge that a setback like losing Adient’s HQ downtown is no longer the burden and blow that a lost deal once represented. Detroit has moved beyond that.Adient Detroit move headquarters downtown

Contact John Gallagher: 313-222-5173 or gallagher@freepress.com. Follow him on Twitter @jgallagherfreep.

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-Former GM chief Henderson named interim CEO of seating supplier Adient – Former GM chief Henderson seating supplier Adient

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-Boeing joins forces with Adient to bring fresh competition to aircraft seating market – Boeing and automotive seating supplier Adient have announced the formation of Adient Aerospace – Boeing Adient aircraft seating market

Polystyrene import offers uncompetitive June European market

General purpose polystyrene import offers uncompetitive in June European market… Polystyrene import offers uncompetitive June European market 

London (Platts)

Polystyrene import offers uncompetitive June European market Import offers heard in the European general purpose polystyrene market in June have been uncompetitive, providing some leverage for European producers, according to market sources.

This week, GPPS spot prices were heard around Eur1,375/mt ($1,590/mt) on an FD Europe basis, while import offers were heard at $1,650/mt CFR Europe. Inland freight cost is added to the import offer, keeping import offers at a premium to offers by European producers.

“Supply is short as we are not seeing imports. We are only seeing offers from European producers,” a distributor source said.

“It is impossible to work with imports at the moment,” a second trader source said.

Iran, South Korea, India, Russia and Egypt have been the largest suppliers to the EU year to date in April, selling propotionately 21%, 19%, 18%, 12% and 5% to the EU, according to the latest Eurostat data.

High styrene prices in Asia have kept offers from Asian suppliers uncompetitive.

Meanwhile, E-styrenics in Egypt had stopped producting, sources said this week. E-styrenics did not respond to a request for comment.

This provided some leverage for European producers in terms of price negotiations. Nevertheless, a reduction in supply was met by lackluster demand.

Expectations of a price decrease in July meant that buyers were only purchasing minimal GPPS volumes, sources said.

–Yuriko Kato, yuriko.kato@spglobal.com

–Edited by Maurice Geller, maurice.geller@spglobal.com

Polystyrene import offers uncompetitive June European market Polystyrene import offers uncompetitive June European market

Related Topics

ISRI plastic specifications Scrap Specifications Circular

ISRI revises plastic specifications – ISRI plastic specifications Scrap Specifications Circular

Association issues updated “Scrap Specifications Circular.”

Edited by DeAnne Toto

ISRI plastic specifications Scrap Specifications CircularThe Institute of Scrap Recycling Industries (ISRI), Washington, has updated its Scrap Specifications Circular to include new specifications for flexible polyvinyl chloride (PVC) scrap. The new specifications were approved at the ISRI Convention Board and Governance Meetings April 16, 2018.

This specification addition is intended to more accurately reflect the plastic scrap commodities currently being traded in the marketplace, ISRI says. It is part of an ongoing effort by ISRI’s Plastics Division to provide the tools needed to trade in multiple grades of plastic resin. This specification, along with the recently developed rigid PVC specification,further expands the breadth and depth of the plastics section of ISRI’s Scrap Specifications Circular, which provides specifications for postconsumer and postindustrial plastics. The new flexible PVC specification can be found on page 42. It bears this description: “Typically consists of molding, weather stripping, flexible tubing, purging, battery covers, medical tubing, auto decals, flexible films and sheeting. It is typically resistant to chemicals, nonporous and extruded.  It can be found in long profiles and can be wound onto a reel.”

Prohibitives are polyethylene terephthalate (PET) of any form and medical and hazardous waste, while contamination allowed at small percentages includes plastics other than PVC, such as high-density polyethylene terephthalate (HDPE), low-density polyethylene (LDPE), polypropylene (PP) and polystyrene (PS); rigid PVC; liquids; paper and cardboard; metals; glue, adhesives and sticky tape; co-extruded materials; and reinforcement weaves and fabrics.” ISRI plastic specifications Scrap Specifications Circular

Comments, recommendations or questions about ISRI’s specifications can be submitted to Joe Pickard at jpickard@isri.org.

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Neo Group starts new160,000 mt PET line

Neo Group starts new160,000 mt PET line

Neo Group starts new 160,000 mt/year Lithuanian PET line: source

London (Platts)-

Neo Group starts new160,000 mt PET lineNeo Group starts new160,000 mt PET line : Lithuania-based Neo Group’s new polyethylene terephthalate line started production last week, a company source told S&P Global Platts Friday.

The new line adds 160,000 mt/year of PET capacity to the company’s manufacturing complex near the port of Klaipeda in Lithuania.

The new line will take Neo Group’s annual PET production capacity to 500,000 mt, according to its website.

The European PET spot market has been tight over the last month due to feedstock PTA tightness.

PET was assessed at Eur1,400/mt FD NWE Wednesday, unchanged for the third consecutive week and at the highest levels since February 2012.

–Emmanuel Latham, emmanuel.latham@spglobal.com

–Edited by James Leech, james.leech@spglobal.com

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-Indorama to buy M&G’s Brazil PET plant – Indorama Ventures Public Co. Ltd. (IVL), has entered into an agreement to acquire M&G Polimeros Brazil SA in Ipojuca Brazil for an undisclosed amount – Indorama Mossi Ghisolfi Brazil PET plant

-Indorama wants to buy M&G West Virginia PET plant – Bangkok-based materials company Indorama Ventures Public Co. Ltd. is bidding to buy the West Virginia PET plant and Ohio research and development site of bankrupt M&G Polymers USA LLC. –Indorama Mossi Ghisolfi West Virginia PET plant

-Indorama Ventures is considering buying a M & G PET plant in the US – Indorama Ventures Mossi Ghisolfi PET US

Polyester fiber upcycling technology : Loop Industries

Polyester fiber upcycling technology

Loop Inustries, Inc. activates breakthrough Generation II technology

 

 

Technology enhancement reinforces Loop’s position as innovation leader in the PET and polyester fiber upcycling industry

 Source: Loop Industries, Inc.

Polyester fiber upcycling technologyTERREBONNE, Quebec,  (GLOBE NEWSWIRE) – Loop Industries, Inc. (Nasdaq:LOOP) announced that they have successfully activated the next generation of their waste PET and polyester fiber upcycling technology which now allows for the continuous production of Loop™ PET products.

“Our Generation II technology is a major step forward in sustainable plastic,” says Daniel Solomita, CEO & Founder, Loop Industries, Inc. “It further reinforces our confidence that upcycling waste PET and polyester fiber  will be cost effective, scalable and very efficient on a commercial scale, which means we can help divert even more waste plastic from landfill and help prevent it from ending up in our rivers and oceans.”

Loop’s Generation II technology is significantly more streamlined and efficient than the Generation I process, including a considerable reduction in energy use and the complete elimination of water indicating that it may be the most resource efficient process for upcycling PET and polyester fiber upcycling technology in the world.  The most significant change introduced in the Generation II technology is Loop’s decision to produce a monomer from which it makes Loop™ PET resin and polyester fiber from terephthalic acid (PTA) to dimethyl terephthalate (DMT).

“Producing DMT during depolymerization allows us to streamline our technology and eliminate even more resources, time and cost needed to yield PET monomers of the highest purity,” added Mr. Solomita.

Loop’s short-term priority will be large-scale commercialization of this Generation II technology to respond to the demands of brand owners who have committed to ambitious sustainability targets, which can now be achieved through the use of Loop™ PET and polyester resin.

About Loop Industries, Inc.

Loop’s mission is to accelerate the world’s shift toward sustainable plastic and away from our dependence on fossil fuels. Loop has created a revolutionary technology poised to disrupt the plastics industry. This ground-breaking technology decouples plastic from fossil fuels by depolymerizing waste polyester plastic to its base building blocks (monomers). The monomers are then repolymerized to create virgin-quality polyester plastic that meets FDA requirements for use in food-grade packaging. Loop™ branded polyester resin allows consumer goods companies to meet and exceed their stated sustainability goals and circular ambitions. For more information, please visit www.loopindustries.com.

For more information:
Nelson Switzer
+1 (450) 951-8555
publicaffaris@loopindustries.com

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-Erema are joining forces to progress PET recycling – Erema PET recycling

New BOPET film factory : SRF makes new plant in Hungary

New BOPET film factory in Hungary / Investments pegged at EUR 60m
Indian conglomerate SRF (Gurgaon, Haryana; www.srf.com) said it would invest around EUR 60m for a new BOPET film factory it plans to build in the Hungarian city of Jászfényszaru, located 50 km east of Budapest
New BOPET film factory
BOPET film production (Photo: SRF)

Indian conglomerate SRF (Gurgaon, Haryana; www.srf.com) said it would invest around EUR 60m for a new BOPET film factory it plans to build in the Hungarian city of Jászfényszaru, located 50 km east of Budapest. The plant, which will create 100 new jobs, will have a BOPET film production line with a width of 10.4 m and an annual capacity at 40,000 t. Once production begins at the end of 2019, SRF’s plants will have a combined annual capacity of 220,000 t of BOPP and BOPET films, making it one of the biggest producers of both types of films.

In the financial year ending 31 March 2018, SRF generated sales of INR 55 bn (EUR 720m), up 16%. EBIT totalled just under INR 8 bn, representing a 1% increase.

The Packaging Films segment is the largest growth driver and also the most profitable division by far, outperforming its other business areas, such as Technical Textiles and Chemicals & Polymers. In the fourth quarter of financial year 2017-2018 alone, revenues at Packaging Films climbed by 39% and the operating result increased by 94%. In the final quarter, SRF’s sales rose 22% and EBIT jumped 38%.

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-7 Startups Recycling Plastic with New Technology – Last year, scientists took a crack at calculating the total amount of plastics produced since about 1950. They came up with 8.3 billion metric tons (or more than 9 billion good-old American tons), about three-quarters of which has become waste – Recycling Plastic New Technology

Packaging Sustainability – Henkel improves Sustainability

Henkel aims to improve Packaging Sustainability with new Group Partnership

Packaging Sustainability

Consumer goods company Henkel has announced a joint partnership with packaging manufacturer Mondi, plastics manufacturer Borealis and the recycling technology company APK in a collaboration that aims to ‘significantly improve the sustainability of plastic multi-layer flexible packaging.’

Intended for commercialisation and market launch in early 2019, the collaboration works with APK’s new solvent-based process called Newcycling, which ‘enables the recovery of high-quality clean-grade materials from complex multi-layer packaging,’ according to Klaus Wohnig, Managing Director of APK AG.

Meanwhile, Mondi has tested the suitability of recycled LDPE for multi-layer films from APK, tested on site at the research and development centre in Gronau, Germany.

Having carried out successful preliminary tests, the LDPE virgin material previously used in flexible detergent packaging was largely replaced by APK LDPE recycle. By using the LDPE virgin material, Mondi was able to maintain the appearance of the detergent bag.

Timo Müller, Key Account Manager for Henkel at Mondi, said, “The joint project meets the European Commission’s strategy, adopted in January 2018, which calls for all plastic packaging in Europe to be recyclable by 2030. It also underscores the feasibility of reusing flexible packaging waste in multiple cycles of a truly circular economy that preserves valuable resources and avoids waste without restricting product performance.”

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-HOW BIG BRANDS ARE TRYING TO PULL OFF A RECYCLING REVOLUTION  – RECYCLING REVOLUTION SUSTAINABLE PACKAGING

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-UK company adds Max-AI robotic sorting technology – MaxAI robotic sorting technology

OPEC, After Bolstering Oil Prices, Considers Ramping Up crude oil Production

OPEC, After Bolstering Oil Prices, Considers Ramping Up crude oil Production

crude oil Production
Saudi Arabia’s energy minister, Khalid al-Falih, has led a shift among producers to raise production of crude oil.CreditHeinz-Peter Bader/Reuters

By Stanley Reed

VIENNA — Major oil-producing countries moved on Friday toward an agreement to jointly raise exports, a decision that has driven considerable division among them but that could temper criticism from President Trump.

Officials from the Organization of the Petroleum Exporting Countries, as well as other major producers like Russia, were set to increase their total crude oil production by less than 1 percent of the global oil supply. Though a relatively small addition to the world energy market, the move nevertheless signals a willingness by international suppliers to address rising prices.

“We will come out with an agreement to ease market concerns about the availability of crude oil,” Khalid al-Falih, Saudi Arabia’s energy minister, said on Friday in Vienna.

The price of Brent crude, the international benchmark, has been little changed at $74 a barrel over the past week, as traders expected a deal. But it briefly topped $80 a barrel last month.

The deal to cut output, reached in 2016, had been an extraordinarily cooperative effort by OPEC and other producers. Countries that had historically been at odds agreed to restrict their overall crude sales to bolster prices, though Saudi Arabia and Russia held back the most.

But the curbs have generated opposition among major oil consumers. Mr. Trump, perhaps with an eye on the midterm elections in November, has repeatedly criticized OPEC for maintaining what he said were “artificially very high” prices, while other major oil importers like India have also been critical.

Saudi Arabia, OPEC’s de facto leader and a major American ally, has for pushed a change in course. The country is an oil-producing juggernaut and has the spare capacity to quickly raise production. But others, particularly Riyadh’s regional rival Iran, have pushed back.

Iran is already exporting oil at close to its maximum capacity, and so will not be able to take advantage of the increase. In fact, the country would be likely to suffer because the increased supply would force prices lower, reducing Tehran’s government revenues. The timing is far from ideal for Iran, which is having to grapple with the possible impact of American sanctions on its energy sector.

The tensions have been evident here in Vienna. Iran’s oil minister, Bijan Zanganeh, stormed out of a preparatory technical meeting on Thursday, frustrated by what he saw as Saudi Arabia forcing through its proposals.

Saudi Arabia has gone from being a price hawk, wary of raising crude oilo production to alleviate increasing oil prices, to a dove. On Thursday, Mr. Falih told his colleagues at a seminar in Vienna that there could be a supply shortfall of 1.6 million to 1.8 million barrels a day of oil later this year, making a reversal of the cuts imperative.

“We are not going to allow a shortage to materialize to the point where markets will be squeezed and consumers will be hurt,” he said.

While he vowed to be “sensitive” to the concerns of producer countries like Iran and Venezuela that are unlikely to be able to raise crude oil production and benefit from increased production, he made clear that Saudi Arabia was determined to increase supplies.

Mr. Falih said he hoped to keep the group together, and to work in unison to head off extremes like prices that topped $100 a barrel in 2014, only to be followed by a sudden crash.

“One thing you can be assured of is, we will be responsive,” he added. “We will release supplies.”

The prospect of increased supplies — Russia and Saudi Arabia had proposed the outlines of Thursday’s deal last month — has helped cool off what had been fast-rising prices. What happens to those prices now may depend on factors that are out of OPEC’s control. Among them are the possible impact of American sanctions on Iran’s oil sector, and the continuing collapse of Venezuela’s crude oil production, as well as the consequences of a widening array of trade disputes on economic growth and demand for oil.

The changing American role in world energy markets is itself a variable. While Mr. Trump is leaning on OPEC to keep gasoline prices down, the United States is on the verge of becoming the world’s largest oil producer, as well as a major exporter of both oil and gas.

“I think this rearranges the mental geography of the global oil market and, really, geopolitics,” said Daniel Yergin, an oil historian observing the OPEC meeting in Vienna.

The transformation of the American oil industry over the last few years, largely as a result of shale drilling, has turned the United States from a major energy importer into a petroleum powerhouse. That has led Saudi Arabia and Russia, the world’s two other leading oil producers, but which have not always seen eye to eye, to create a bloc large enough to influence prices.

But the pre-meeting fireworks with Iran showed how hard it would be to preserve unity among other producers, now that prices have risen. Tehran, in particular, has been infuriated by the Saudi call for increased crude oil production. The country has also been particularly affected by the rise in United States oil exports — the resurgent American sector has made it easier for Mr. Trump to risk reimposing sanctions on Iran, which throttle back what had been rising oil exports from the Gulf country.

Venezuela is also vulnerable to American pressure, thanks to the strengthened United States energy industry. Sanctions from the United States have prohibited the sale and purchase of Venezuelan debt, including bonds issued by the state oil company, Petróleos de Venezuela, and banning the use of the country’s digital currency, the petro.

That has crimped the energy company’s ability to refinance $50 billion in bonds that it has defaulted on since last year. Elsewhere, fighting in Libya has cut into global supplies, as well.

“Stability is elusive,” Edward L. Morse, the head of commodities research at Citigroup, said at a seminar in Vienna.

Clifford Krauss contributed reporting from Houston.

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Plastic waste : China plastic waste ban makes pollution

China’s plastic waste ban to result in landfill overuse, pollution

China’s import ban on plastic waste could result in overuse of landfills and about 4m-12m tonnes of the commodity material ending up in the ocean on an annual basis

 

Source:ICIS News

 Plastic wasteSINGAPORE (ICIS)–China’s import ban on plastic waste could result in overuse of landfills and about 4m-12m tonnes of the commodity material ending up in the ocean on an annual basis, a report by the American Association for the Advancement of Science (AAAS) said late on Wednesday.

China on 31 December 2017 implemented a policy permanently banning imports of non-industrial plastic wastes.

“An estimated 111m tonnes of plastic- waste will be displaced with the new Chinese policy by 2030,” according to the research report titled “The Chinese import ban and its impact on global plastic waste trade”.

“Suggestions from the recycling industry demonstrate that, if no adjustments are made in solid waste management, and plastic- waste management in particular, then much of the waste originally diverted from landfills by consumers paying for a recycling service will ultimately be landfilled,” AAAS said.

Eight types of plastic waste from consumer goods are now banned including plastic- waste polymers of PE, PS, PVC, PET, and others (for example, PP), as well as bales of PET plastic bottles, aluminum plastic film, and compact disk/digital video disks.

“While recycling and the circular economy have been touted as potential solutions, upward of half of the plastic waste intended for recycling has been exported to hundreds of countries around the world,” AAAS said, adding that China, which imported a cumulative 45% of global plastic waste since 1992.

Only 9% of plastic- waste has been recycled worldwide, with 80% of global plastic- waste being landfilled or ending up contaminating the environment, AAAS said.

“As 89% of historical exports consist of polymer groups often used in single-use plastic food packaging (polyethylenepolypropylene, and polyethylene terephthalate), bold global ideas and actions for reducing quantities of nonrecyclable materials, redesigning products, and funding domestic plastic- waste management are needed,” it added.

By Nurluqman Suratman

Beaulieu International CO2 emissions : Waterway transport

Beaulieu International CO2 emissions

Beaulieu International reduces CO2 emissions by 300 tonnes

Beaulieu International CO2 emissions : Beaulieu International Group (B.I.G.) has announced the results of its global multimodal logistics platform, which uses waterway transport to reduce its dependency on truck transport

Beaulieu International CO2 emissions : Beaulieu International Group (B.I.G.) has announced the results of its global multimodal logistics platform, which uses waterway transport to reduce its dependency on truck transport. This programme reduced the company’s container transport-related CO2 emissions by 36% in 2017 and is scheduled to achieve a further 55% reduction in the coming years.

Since the start of the programme in 2015, it has grown substantially and now 60% of B.I.G.’s output by container is transported via barges starting at the River Terminal Wielsbeke (RTW). The RTW acts as B.I.G.’s global inland hub, connecting the company to major shipping routes and destinations around the world via the Port of Antwerp. The container transport organisation has been set up in close cooperation with RTW operator Delcatrans, who provides barge transport services, and Manuport Logistics, who acts as 4 PL (Fourth Party Logistics) partner for B.I.G.

Beaulieu International CO2 emissions

Previously all container cargo went by truck to the Port of Antwerp, a distance of 90 km. By changing to water transport, journey times have become more reliable as traffic congestion doesn’t have to be factored in; there are fewer trucks on the roads reducing traffic for other road users; and the company’s CO2 emissions have fallen. In 2017, the company shipped 3,000 containers via combined road + barge transport, reducing CO2 emissions by 300 tonnes, compared with pure road transport.

“B.I.G. is committed to providing efficient and sustainable transport solutions,” explained Isabelle Vandamme, Group Supply Chain & Procurement Director, B.I.G.. “That’s why barge transport from RTW to the Port of Antwerp is so important for B.I.G. and will continue to be so in the coming years. In fact, our target is to increase barge use by 10% this year and barge capacity is planned to increase from 60 to 90 TEU (Twenty-foot Equivalent Unit) in the coming years.”

Beaulieu International CO2 emissions

Beaulieu International CO2 emissions : Beaulieu International Group transported 3,000 containers via RTW. This is 60% of all containers from the 12 Belgian B.I.G. entities. RTW handled 15,000 TEU via barge in 2017. 5,100 TEU from B.I.G. – more than a third of the RTW’s volume. With more than 72 million tonnes, a record volume of goods was transported on the Flemish waterways in 2017. This is an increase of 6.5% on the previous year. In terms of containers, a new top performance was achieved with 832,000 TEU – an increase of 11.5% on 2016.

“Even though this sustainability programme is primarily the responsibility of our transport and logistics departments, we believe its success wouldn’t have been possible without the support of our entire organisation, and this philosophy carries through to the other sustainability programmes that we are currently investigating and testing. If these programmes prove to be as successful as we expect, we will shortly roll them out across the entire company,” said Luc Speecke, Chief Operating Officer.

www.bintg.com

Source  :  Innovation in Textiles

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Oil prices rally OPEC agrees smaller output

Oil prices rally after OPEC agrees to smaller-than-expected production boost

OPEC agrees to reduce overcompliance with production-cut pact

Bloomberg
Saudi Energy Minister Khalid Al-Falih.

By MyraP. Saefong

Markets/commodities reporter

WilliamWatts

Deputy markets editor

Oil prices rally :Oil prices rallied Friday, feeding a hefty gain for the week, as OPEC members agreed to raise output, but by an amount that appears likely to be less than traders had feared.

August West Texas Intermediate crude on the New York Mercantile Exchange CLQ8, +4.90%  rose $2.94, or 4.5%, to $68.48 a barrel, poised for its highest finish in more than three weeks.

Prices for the contract, which became the front-month futures contract at Wednesday’s settlement, traded 5.8% higher for the week.

August Brent crude  climbed $1.75, or 2.4%, to $74.80 a barrel, rebounding from Thursday’s finish at $73.05, which was the lowest for the international benchmark since April 17. The contract was set for a weekly rise of roughly 1.9%, the first such rise in a month.

News reports said oil ministers gathered for the meeting of the Organization of the Petroleum Exporting Countries in Vienna agreed to a nominal increase in production of 1 million barrels a day, but left the figure out of the final statement. An agreement to reduce overcompliance with an existing agreement on production cuts would mean the increase by OPEC members would be less than that, analysts said.

In a statement, OPEC members said they would “strive to adhere to the overall conformity level of OPEC-12, down to 100%,” as July 1.

Under the deal set in November 2016 and implemented in January 2017, 12 of the OPEC members agreed to cut their production by 1.2 million barrels of oil a day from late 2016 levels. They have cut even more than the requirement. With OPEC pegging compliance at 152% in May of this year, that’s an extra output reduction of about 624,000 barrels a day, which they plan to add back into the market.

“It appears that the intent is for OPEC to increase about 624,000 barrels a day depending on which production numbers you use,” said James Williams, energy economist at WTRG Economics.

Oil prices rally :“It is an OPEC group quota, not individual country quotas. That means that the Saudis and others will be able to make up for the inability of some members, particularly Venezuela, to produce at their previous quota,” he said. “The lion’s share will come from Saudi Arabia with most of the rest from Kuwait and United Arab Emirates.”

But Williams pointed out that the total oil added to the market “will be greater than the 624,000 b/d since we anticipate that the Russians and other cooperating countries will do the same. This means that the OPEC and non-OPEC coalition will be adding close to a million [barrels a day] to the market.”

OPEC members will officially meet with their non-OPEC allies on Saturday, beginning at 10 a.m. local time in Vienna, or 4 a.m. Eastern time. A press conference will be held at 1 p.m. Vienna time.

As Khalid al-Falih, Saudi Arabia’s energy minister, left Friday’s meeting, he said the agreement was to increase oil production by 1 million barrels a day, according to various news reports. Nigerian oil minister Ibe Kachikwu said the 1 million-barrel agreement would see OPEC members raise output by at least 700,000 barrels a day, with non-OPEC countries, led by Russia, adding the rest, according to the Financial Times.

The fact that the 1 million-barrel figure was not mentioned in the official statement suggests a possible concession to Iran, according to the report from the Financial Times. Iran faces renewed U.S. sanctions after President Donald Trump abandoned the 2015 nuclear deal with Tehran. The sanctions threaten oil supplies from Iran.

Oil prices rally :OPEC on Friday also granted membership to Congo, effective immediately. The group’s next regular meeting is set for Dec. 3 in Vienna.

In other energy products, July gasoline rose 2.1% to $2.055 a gallon, while July heating oil  gained 2.1% to $2.113 a gallon. Both contracts were on track for weekly gains of more than 1%.

July natural gas  gave up nearly 1.5% to $2.932 per million British thermal units, trading about 3% on the week.

—Barbara Kollmeyer and Biman Mukherji contributed to this article

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Rotary Batch Mixer Blends Dry Solids with Liquid Additions – A new Munson Rotary Batch Mixer model 700-TH-140-SS with integral spray line allows uniform distribution of liquid additions to dry bulk solids in trace amounts to large volumes in one to three minutes

Rotary Batch Mixer Blends Dry Solids with Liquid Additions

UTICA, NY — A new Munson Rotary Batch Mixer model 700-TH-140-SS with integral spray line allows uniform distribution of liquid additions to dry bulk solids in trace amounts to large volumes in one to three minutes.

Proprietary mixing flights of the rotating drum tumble, turn, cut and fold material, providing free space between particles, which recombine 288 times per minute. The flow pattern allows liquid additions to be sprayed over a wide expanse of moving material, yielding batch uniformity ≥99.9 percent.

The mixer is intended for dry bulk blending with or without the addition of coatings, flavorings, vitamins or other liquids to food products, or active ingredients in liquid form to any bulk solid chemical or mineral.

It is equipped with a sliding intake chute which, together with twin doors on opposite sides of the mixing vessel, provide rapid access to the entire interior, intake spout and seal area for cleaning, sanitizing and visual inspection of all material contact surfaces.

In addition to blending, the flights direct material towards and through a stationary, pneumatically-actuated plug gate valve for total discharge, eliminating residual that would otherwise be wasted or require manual removal prior to cleaning.

Constructed of stainless steel finished to sanitary standards, the mixer has a useable batch capacity of 140 cu ft (3.96 m3), total capacity of 271 cu ft (7.67 m3) and is equally effective in blending of batches from 100 percent of rated

capacity to as low as 5 percent without liquid additions, and to 33 percent with liquid additions.
The rotating drum is supported by two oversized trunnion rings that ride on heavy-duty alloy roller assemblies, providing long life with minimal maintenance. The design eliminates the need for an internal shaft with seals contacting material. To contain dust, the machine has one seal at the inlet, which is mounted externally to allow rapid, inexpensive replacement, according to the company.

Foreign producers in Russia urge Putin to block new bill – Foreign producers of technical textiles and non-wovens operating in Russia have urged President Vladimir Putin to block a new federal bill, which reportedly poses a serious threat to their businesses

Foreign producers in Russia urge Putin to block new bill
Russia technical textiles nonwovens European Union EU sanctions Putin

Foreign producers of technical textiles and non-wovens operating in Russia have urged President Vladimir Putin to block a new federal bill, which reportedly poses a serious threat to their businesses. The bill introduced criminal responsibility for adhering to US and European Union (EU) sanctions against Russia by all US and EU producers operating in Russia.

The bill was approved recently by the Russian parliament Duma. The new law implies producers need to be cautious in their business in Russia and will have to at least avoid long-term contracts with their local suppliers and other Russian partners, according to a report in a British website dedicated to textile industry news.

All technical textiles and non-woven producers, operating their own production facilities in Russia, have a wide range of local suppliers. Most have been working in Russia for almost 30 years.

Many of these suppliers are controlled by large vertically integrated holding firms whose top management and shareholders are on the US and EU sanctions list.

Any Russian blacklisted company can force any foreign business to deal, threatening to file a complaint with the law enforcement agencies. In a joint statement, representatives of producers, mainly from Germany and the United States, said the adoption of this bill is categorically intolerable as it contradicts the position of the President Putin, who is against excessive criminal liability for entrepreneurs.

Western manufacturers of machinery who supply to Russian technical textiles and nonwovens producers are also under a threat under the new law, as their refusal to supply their products to any Russian company from the sanctions list may result in the initiation of criminal proceedings against them in Russia. That may turn a reason for many of these companies to suspend cooperation with their Russian partners.

In contrast to the domestic technical textiles and non-woven industries, where the share of domestic producers has significantly increased in recent years, most Russian consumer goods based on non-wovens, is still controlled by foreigners.

A Russian Government spokesman said the petition is likely to be considered soon. (DS)

Fibre2Fashion News Desk – India

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